Amerivest Properties Inc Sample Contracts

Amv Liquidating Trust – LIQUIDATING TRUST AGREEMENT (December 29th, 2006)

AGREEMENT AND DECLARATION OF TRUST, dated as of December 21, 2006, by and among AmeriVest Properties Inc., a Maryland corporation (the “Company”), and Cloyses Partners, LLC, a Colorado limited liability company (the “Trustee”).

Amv Liquidating Trust – ADDENDUM NO. 1 TO AMENDED CHANGE IN CONTROL AND EXECUTIVE EMPLOYMENT AGREEMENT AND AMENDMENT NO. 1 THERETO (December 29th, 2006)

This Addendum No. 1 (“Addendum No. 1”) dated as of the 27th day of December, 2006, is entered into between AmeriVest Properties Inc., a Maryland corporation (the “Company”) and Charles K. Knight (“Executive”, and collectively with the Company, the “Parties”).

Amv Liquidating Trust – NEWS RELEASE Contact: 1441 Eighteenth Street, Suite 200 Cloyses Partners, LLC Denver, CO 80202 www.amvproperties.com Liquidating Trustee Ph: (303) 297-1800 ext. 151 Info@amvproperties.com Fax: (303) 629-0329 (December 29th, 2006)

DENVER, CO, December 27, 2006 — Cloyses Partners, LLC (the “Trustee”), the trustee of the AMV Liquidating Trust (the “Trust”), today announced that AmeriVest Properties Inc. (formerly AMEX: AMV) transferred its remaining assets to (and its remaining liabilities were assumed by) the Trust in accordance with AmeriVest’s Plan of Liquidation, and that AmeriVest was dissolved.  As previously announced by AmeriVest, December 27, 2006 (the “Record Date”) was the last day of trading of AmeriVest common stock on the American Stock Exchange, and AmeriVest’s stock transfer books were closed as of the close of business on such date.

Amerivest Properties Inc – NEWS RELEASE (December 6th, 2006)

DENVER, CO, November 30, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust which formerly served small to medium size office tenants, announced today that its Board of Directors has declared a second liquidating cash dividend of $1.75 per share or approximately $42.2 million, payable from the proceeds of the completed sale of all of its properties under the July 17, 2006 purchase and sale agreement with Koll/PER, LLC a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho.  The dividend will be paid December 18, 2006 to shareholders of record as of December 11, 2006. The Company further announced that, provided no claim for breach of any representations and warranties under the purchase and sale agreement with Koll/PER has been made by February 27, 2007, and absent other circumstances under which it would be appropriate for the Trustee to retain the amount reserved pursuant to the p

Amerivest Properties Inc – NEWS RELEASE (December 4th, 2006)

DENVER, CO, November 29, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust which formerly served small to medium size office tenants, announced today that it completed the sale of its Centerra office building in Denver, Colorado; its Parkway Centre II office building in Dallas, Texas; and its Southwest Gas office building in Phoenix, Arizona to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).  Centerra, a 187,660 square-foot office property that is 86% occupied, was sold for $24,675,000, or approximately $131 per square foot.  Parkway Centre II, a 151,879 square-foot office property that is 89% occupied, was sold for $24,860,000, or approximately $164 per square foot.  The Southwest Gas Building, a 145,696 square-foot office property that is 94% occupied, was sold for $19,200,000, or approximately $132 per square foot.  The estimated cash pr

Amerivest Properties Inc – NEWS RELEASE (November 14th, 2006)

DENVER, CO, November 8, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Sheridan Center and Kellogg office buildings in Denver, Colorado and its Arrowhead Fountains office building in Phoenix, Arizona to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).  Sheridan Center, a 140,290 square-foot office property that is 80% occupied, was sold for $10,715,000, or approximately $76 per square foot.  The Kellogg Building, a 111,741 square-foot office property that is 100% occupied, was sold for $16,800,000, or approximately $150 per square foot.  Arrowhead Fountains, a 96,203 square-foot office property that is 96% occupied, was sold for $18,500,000, or approximately $192 per square foot.  The estimated cash proceeds of approximately $18 million, after p

Amerivest Properties Inc – NEWS RELEASE (November 8th, 2006)

DENVER, CO, November 7, 2006 — AmeriVest Properties Inc. (AMEX: AMV) announced today its net assets in liquidation at September 30, 2006 aggregated $130.4 million or $5.41 per share based upon 24,114,316 common shares outstanding.  Net assets in liquidation aggregated $122.2 million or $5.06 per share at June 30, 2006.

Amerivest Properties Inc – NEWS RELEASE (October 31st, 2006)

DENVER, CO, October 30, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that its Board of Directors has declared an initial liquidating cash dividend of $3.50 per share, payable from the proceeds of completed sales of properties under its July 17, 2006 purchase and sale agreement with Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).  The dividend will be paid November 16, 2006 to shareholders of record as of November 10, 2006.

Amerivest Properties Inc – NEWS RELEASE (October 27th, 2006)

DENVER, CO, October 25, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Camelback Lakes office building in Phoenix, Arizona.  Camelback Lakes, a 203,794 square-foot office property, was sold for $50,375,000, or approximately $247 per square foot, to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).  The estimated cash proceeds of approximately $28 million, after assignment of the first mortgage, closing costs and adjustments, will be accumulated with other proceeds and made available, subject to the expenses and other costs of AmeriVest, for distribution to shareholders under the plan of liquidation approved by AmeriVest shareholders.  Detailed information regarding the proceeds of this sale is included at the end of this press release.  This is t

Amerivest Properties Inc – NEWS RELEASE (October 24th, 2006)

DENVER, CO, October 20, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Hampton Court office building in Dallas, Texas.  Hampton Court, a 108,588 square-foot office property, was sold for $17,000,000, or approximately $157 per square foot, to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).   The estimated cash proceeds of approximately $9 million, after assignment of the first mortgage, closing costs and adjustments, will be accumulated with other proceeds and made available, subject to the expenses and other costs of the Company, for distribution to shareholders under the plan of liquidation approved by AmeriVest shareholders.  Detailed information regarding the proceeds of this sale is included at the end of this press release.  This is the fi

Amerivest Properties Inc – NEWS RELEASE (October 13th, 2006)

DENVER, CO, October 11, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Parkway Centre III office building in Dallas, Texas. Parkway Centre III, a 152,396 square-foot office property, was sold for $25,575,000, or approximately $168 per square foot, to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI). The estimated cash proceeds of approximately $10 million, after assignment of the first mortgage, closing costs and adjustments, will be accumulated with other proceeds and made available, subject to the expenses and other costs of the Company, for distribution to shareholders under the plan of liquidation approved by AmeriVest shareholders. Detailed information regarding the proceeds of this sale is included at the end of this press release. This is

Amerivest Properties Inc – NEWS RELEASE (October 3rd, 2006)

DENVER, CO, September 28, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Hackberry View office building in Dallas, Texas.  Hackberry View, a 114,598 square-foot office property, was sold for $17,500,000, or approximately $153 per square foot, to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).   The estimated cash proceeds of approximately $5.5 million, after assignment of the first and second mortgage, closing costs and adjustments, will be accumulated with other proceeds and made available, subject to the expenses and other costs of the Company, for distribution to shareholders under the plan of liquidation approved by AmeriVest shareholders.  Detailed information regarding the proceeds of this sale is included at the end of this press release

Amerivest Properties Inc – NEWS RELEASE (September 26th, 2006)

DENVER, CO, September 21, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Scottsdale Norte office building in Scottsdale, Arizona.  Scottsdale Norte, a 79,689 square-foot office property, was sold for $18,000,000, or approximately $225 per square foot, to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).   The estimated cash proceeds of approximately $11.0 million, after payoff of the first mortgage, closing costs and adjustments, will be accumulated with other proceeds and available, subject to the expenses and other costs of the Company, for distribution to shareholders under the plan of liquidation approved by AmeriVest shareholders.  Detailed information regarding this closing is included at the end of this press release.

Amerivest Properties Inc – ADDENDUM NO. 1 TO AMENDED CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (September 13th, 2006)

This Addendum No. 1 dated as of the 7th day of September, 2006, is entered into between AmeriVest Properties Inc., a Maryland corporation (the “Company”) and Kathryn L. Hale (“Executive”, and collectively with the Company, the “Parties”).

Amerivest Properties Inc – NEWS RELEASE Contact: Sheri Henry Chief Financial Officer (ext. 132) sherih@amvproperties.com 1780 South Bellaire Street, Suite 100 Denver, CO 80222 Ph: (303) 297-1800 Fax: (303) 296-7353 Listed: AMEX Trading Symbol: AMV www.amvproperties.com (August 22nd, 2006)

DENVER, CO, August 17, 2006—AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it completed the sale of its Greenhill Park office building in Dallas, Texas.  Greenhill Park, a 248,249 square-foot Class A office property located in the Dallas submarket of Addison, was sold for $29,800,000, or approximately $120 per square foot, to Koll/PER, LLC (Koll/PER), a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI).   The estimated cash proceeds of $28.4 million, after closing costs and adjustments, will be available, subject to the expenses and other costs of the Company, for distribution to shareholders under the plan of liquidation approved by its shareholders.  Detailed information regarding this closing is included at the end of this press release.  Greenhill Park is the first property to close under the purchase and

Amerivest Properties Inc – NEWS RELEASE (August 9th, 2006)

DENVER, CO, August 8, 2006 — AmeriVest Properties Inc. (AMEX: AMV) announced today its second-quarter results and a change to the liquidation basis of accounting.

Amerivest Properties Inc – NEWS RELEASE (July 21st, 2006)

DENVER, CO, July 18, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it has entered into a definitive agreement to sell its entire portfolio of office properties to Koll/PER LLC, a limited liability company owned by The Koll Company of Newport Beach, California and the Public Employee Retirement System of Idaho (PERSI). The gross purchase price is $273 million (less a reserve for capital expenditures of approximately $850,000) which includes an assumption of existing property level debt of approximately $126 million. The sale is being made pursuant to the plan of liquidation previously adopted by AmeriVest and approved by its shareholders on May 24, 2006. The transaction is expected to close on a property by property basis beginning in mid-August, 2006 as loan approvals are received from AmeriVest’s mortgage lenders. Koll/PER LLC has completed its physical due diligence, which resulted in the

Amerivest Properties Inc – NEWS RELEASE (May 9th, 2006)

DENVER, CO, May 8, 2006 — AmeriVest Properties Inc. (AMEX: AMV) reported results today for the quarter ended March 31, 2006. For the first quarter 2006, the Company reported net income of $13.5 million, or $0.56 per diluted share, compared with a loss of $2.6 million, or ($0.11) per diluted share, for the prior year period. The increase in net income for the quarter was due primarily to the gain on asset sales and lower interest expense, offset by slightly higher general and administrative expenses and expenses related to the strategic alternative review.

Amerivest Properties Inc – CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (May 2nd, 2006)

AGREEMENT by and between AmeriVest Properties Inc., a Maryland corporation (the “Company”), with offices at 1780 South Bellaire Street, Suite 100, Denver, Colorado 80222, and Sheri Henry (the “Executive”), an individual residing in the State of Colorado, dated as of the 26th of April, 2006.

Amerivest Properties Inc – CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (May 2nd, 2006)

AGREEMENT by and between AmeriVest Properties Inc., a Maryland corporation (the “Company”), with offices at 1780 South Bellaire Street, Suite 100, Denver, Colorado 80222, and Sheri Henry (the “Executive”), an individual residing in the State of Colorado, dated as of the 26th of April, 2006.

Amerivest Properties Inc – NEWS RELEASE (May 2nd, 2006)

DENVER, CO, April 27, 2006 — AmeriVest Properties Inc. (AMEX: AMV) today announced that Sheri Henry, the Company’s controller, will assume the additional responsibilities of Chief Financial Officer on June 1, 2006. Kathryn Hale, the current CFO will retire from the Company on May 31, 2006. Ms. Henry, age 40,  has been the Company’s controller since August 2004. Prior to joining the Company, she was employed with Archstone-Smith for eight years and held several positions, including Manager of Financial Reporting. The Company has also entered into a term employment and change of control agreement with Ms. Henry.

Amerivest Properties Inc – NEWS RELEASE (March 7th, 2006)

DENVER, CO (March 7, 2006) — AmeriVest Properties Inc. (AMEX: AMV) reported results today for the fourth quarter and year ended December 31, 2005.  For the fourth quarter 2005, the Company reported net income of $406,975, or $0.02 per diluted share, compared with a loss of $3.7 million, or ($0.15) per share, for the prior year period.  In comparing quarterly results, the increase in net income for the quarter was primarily due to the impact of late-2004 acquisitions and 2005 leasing activities, the gain on asset sales and lower general and administrative expenses, offset by increased impairment charges, increased interest expense and expenses related to the strategic alternative review.

Amerivest Properties Inc – NEWS RELEASE (February 21st, 2006)

DENVER, CO, February 21, 2006 — AmeriVest Properties Inc. (AMEX: AMV), a real estate investment trust serving small to medium size office tenants, announced today that it has received a letter of interest for the acquisition of the entire AmeriVest portfolio from Lincoln Property Company Commercial, Inc., a Dallas based institutional real estate investor.  AmeriVest recently announced that its Board of Directors had voted to adopt a plan of liquidation, which plan is subject to approval by the Company’s shareholders.  The Company is currently working with Trammell Crow Company, its broker, to prepare offering materials for all of its properties as part of a comprehensive marketing process.  The letter from Lincoln states that it “would consider investing a range of $130 to $150 million of equity above your estimated current loan balances of approximately $126 million.”   Lincoln indicated that this range was based on analysis of public information and has requested additional informati

Amerivest Properties Inc – AMERIVEST PROPERTIES ANNOUNCES SALE OF FINANCIAL PLAZA AND AMENDED LOAN AGREEMENTS WITH PRIMARY BANK GROUP (January 27th, 2006)

DENVER, CO,  January 23, 2006 — AmeriVest Properties Inc. (AMEX: AMV) announced today that it has completed the sale of Financial Plaza in Mesa, Arizona. Financial Plaza, a 310,838 square-foot Class A office property was sold for $55,000,000, or approximately $177 per square foot to Crescent Real Estate Equities Limited Partnership. AmeriVest will record a net gain on the sale of approximately $15.5 million for financial reporting purposes. The property was approximately 91% leased at the time of sale. The estimated net cash proceeds of approximately $30 million, after repayment of approximately $23 million in first mortgage debt and approximately $2 million in closing and related costs and adjustments, will be used to repay indebtedness under AmeriVest’s unsecured credit facility, leaving a balance due under this facility of less than $1 million. The sole remaining asset to be sold under AmeriVest’s strategic asset sale plan announced September 1, 2005, Keystone Office Park in Indiana

Amerivest Properties Inc – SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT AMONG AMERIVEST PROPERTIES INC. AND KEYBANK NATIONAL ASSOCIATION, AS ADMINISTRATIVE AGENT KEYBANC CAPITAL MARKETS, AS SOLE LEAD ARRANGER AND BOOK MANAGER AND THE LENDERS PARTY HERETO (January 27th, 2006)

This SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT is made as of the 23rd day of January, 2006, by and among AMERIVEST PROPERTIES INC., a Maryland corporation (the “Borrower”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), the other lending institutions which are listed on Schedule 1 or hereafter become a party hereto (the “Lenders”), and KEYBANK NATIONAL ASSOCIATION, as agent for itself and such other lending institutions (the “Agent”).

Amerivest Properties Inc – AMENDMENT NO. 1 TO AMENDED CHANGE IN CONTROL AND EXECUTIVE EMPLOYMENT AGREEMENT (January 27th, 2006)

This is Amendment No. 1 (“Amendment”), dated as of January 23, 2006, to that certain Amended Change in Control and Executive Employment Agreement (the “Agreement”) dated as of August 31, 2005 by and between AmeriVest Properties Inc., a Maryland corporation (the “Company”) and Charles K. Knight (“Executive”, and collectively with the Company, the “Parties”). Terms defined in the Agreement shall have the same meaning when used herein.

Amerivest Properties Inc – ADDENDUM NO. 1 TO AMENDED CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT INCORPORATING AMENDMENT NO. 1 TO AMENDED CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (January 27th, 2006)

This Addendum No. 1 dated as of the 25th day of January, 2006 is entered into between AmeriVest Properties Inc., a Maryland corporation (the “Company”) and John B. Greenman (“Executive”, and collectively with the Company, the “Parties”).

Amerivest Properties Inc – NEWS RELEASE (January 27th, 2006)

DENVER, CO,  January 24, 2006 — AmeriVest Properties Inc. (AMEX: AMV) announced today that it has completed the sale of Keystone Office Park in Indianapolis, Indiana. Keystone Office Park, a 114,822 square-foot office property in the Carmel submarket, was sold for $9,371,165, or approximately $82 per square foot, to a foreign institutional investor. AmeriVest recorded an impairment loss in the fourth quarter of 2005 of $1.6 million on this property and does not expect to record any material gain or loss on the sale for financial reporting purposes. The property was approximately 79% leased at the time of sale. The transaction will produce estimated net cash proceeds of approximately $4 million, after repayment of approximately $4.8 million in first mortgage debt, including approximately $200,000 in prepayment penalties, and approximately $550,000 in closing and related costs, including rent, operating expense and real estate tax pro-rations, security deposits and tenant improvement cre

Amerivest Properties Inc – ASSET PURCHASE AGREEMENT (January 27th, 2006)

THIS ASSET PURCHASE AGREEMENT, dated January 25, 2006 (the “Agreement’) is entered into by and between AmeriVest Properties Inc., a Maryland corporation, having its principal place of business at 1780 Bellaire Street, Denver, Colorado (the “Company”) and William T. Atkins (“Buyer”).

Amerivest Properties Inc – AMENDMENT NO. 1 TO AMENDED CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (January 27th, 2006)

This is Amendment No. 1 (“Amendment”), dated as of January 23, 2006, to that certain Amended Change in Control and Term Employment Agreement (the “Agreement”) dated as of August 31, 2005 by and between AmeriVest Properties Inc., a Maryland corporation (the “Company”) and John B. Greenman (“Executive”, and collectively with the Company, the “Parties”). Terms defined in the Agreement shall have the same meaning when used herein.

Amerivest Properties Inc – AGREEMENT OF PURCHASE AND SALE (December 22nd, 2005)

NOW, THEREFORE, in consideration of the mutual terms, provisions, covenants and agreements set forth herein, as well as the sums to be paid by Purchaser to Seller, and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Purchaser and Seller agree as follows:

Amerivest Properties Inc – AMENDED CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (December 22nd, 2005)

This AMENDED CHANGE IN CONTROL AND TERM EMPLOYMENT AGREEMENT (“Agreement”) is entered into by and between AmeriVest Properties Inc., a Maryland corporation (the “Company”), with offices at 1780 South Bellaire Street, Suite 100, Denver, Colorado 80222, and Kathryn L. Hale (the “Executive”), an individual residing in the State of Colorado, dated as of this 16th day of December, 2005.  For convenience, at times the Company and Executive shall be referred to herein as the “Parties.”

Amerivest Properties Inc – NEWS RELEASE (December 22nd, 2005)

DENVER, CO, December 16, 2005 — AmeriVest Properties Inc. (AMEX: AMV) announced today that it has entered into a definitive agreement to sell Financial Plaza in Mesa, Arizona to a public real estate investment trust.  Financial Plaza totals approximately 311,000 square feet and is approximately 85% leased.  The total sale price for Financial Plaza is $55 million ($177 psf) which includes an assumption of existing debt to AmeriVest Properties of approximately $23.7 million plus additional debt provided to buyer by the lender.  The estimated net cash proceeds to AmeriVest are expected to be approximately $29 million after repayment of first mortgage debt and approximately $2 million in closing costs and adjustments.  All proceeds from the sale will be used to repay indebtedness under AmeriVest’s unsecured credit facility.  The transaction is expected to close in January 2006, and is subject to customary closing conditions, including the lender’s approval of the buyer’s assumption of the

Amerivest Properties Inc – PROPERTY MANAGEMENT WITHOUT ACCOUNTING SERVICES BETWEEN AMERIVEST PROPERTIES INC AND TRAMMELL CROW SERVICES, INC. DATE: AUGUST 30, 2005 (November 4th, 2005)

This Property Management Agreement (this “Agreement”) is made as of August 25, 2005, by and between AmeriVest Properties Inc, a (hereinafter referred to as “Owner”) and TRAMMELL CROW SERVICES, INC., a Delaware corporation (hereinafter referred to as “Manager”).

Amerivest Properties Inc – NEWS RELEASE (November 1st, 2005)

DENVER, CO (November 1, 2005) — AmeriVest Properties Inc. (AMEX: AMV) reported results today for the quarter ended September 30, 2005.  Funds from operations (FFO) for the third quarter of 2005 was approximately ($849,000), or ($0.04) per share, compared to approximately $2,351,000, or $0.10 per share, for the same period in 2004.  The Company reported a net loss for the third quarter of 2005 of approximately $5,430,000, or $0.23 per share, compared to a loss of approximately $1,302,000, or $0.05 per share, for the same period of 2004.  For the nine months ended September 30, 2005, FFO totaled approximately $2,920,000, or $0.12 per share, compared to approximately $7,026,000, or $0.32 per share for the same period in 2004.  The net loss recognized by the Company was approximately $11,105,000, or $0.46 per share in 2005, compared to approximately $2,224,000, or $0.10 per share in 2004 for the same period.  Unusual charges incurred during the quarter include: $2,700,000 ($0.11/share) of