Exhibit 99.6
FORM OF BENEFICIAL OWNER ELECTION
The undersigned acknowledge(s) receipt of your letter and the enclosed materials referred to therein relating to the distribution by Sears Holdings Corporation, to the holders of record of its common stock, as of the close of business on , 2015, at no charge, of transferable subscription rights (the “Rights”) to purchase common shares of beneficial interest, par value $0.01 (the “Common Shares”) of Seritage Growth Properties (“Seritage Growth” or the “Company”) at a price of $ per whole share (the “Rights Offering”).
With respect to any instructions to exercise (or not to exercise) Rights, the undersigned acknowledges that this form must be completed and returned such that it will actually be received by you by 5:00 p.m., New York City time, on , 2015, the business day prior to the scheduled expiration date of the Rights Offering of , 2015 (which may be extended by Sears Holdings Corporation for additional periods ending no later than , 2015).
This will instruct you whether to exercise Rights to purchase Seritage Growth Common Shares held by you for the account of the undersigned, pursuant to the terms and subject to the conditions set forth in the Prospectus, dated , 2015 (the “Prospectus”), and the related “Instructions for Use of Seritage Growth Properties Subscription Rights Certificates.”
Box 1. ¨ Please DO NOT EXERCISE RIGHTS for Seritage Growth Common Shares.
Box 2. ¨ Please EXERCISE RIGHTS for Seritage Growth Common Shares as set forth below.
The number of Rights for which the undersigned gives instructions for exercise under the Basic Subscription Right (as described in the Prospectus) should not exceed the number of Rights that the undersigned is entitled to exercise.
Number of Shares | Per Share Subscription Price | Payment | ||||||||||
Basic Subscription Right: | x | $ | = | $ | (Line 1 | ) | ||||||
Over-Subscription Privilege: | x | $ | = | $ | (Line 2 | ) | ||||||
Total Payment Required | $ | (Sum of Lines 1 and 2 must equal total of amounts in Boxes 3 and 4. | ) |
Box 3. ¨ Payment in the following amount is enclosed $ .
Box 4. ¨ Please deduct payment from the following account maintained by you as follows:
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Type of Account | Account No. | |||||
Amount to be deducted: | $ |
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Signature(s) | ||||||
Please type or print name(s) below: | ||||||
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Date: , 2015