@ ORIGINAL @
‘Special Verdict Form - Breach of Guaranty — SCC Guarantve it ED
Instruction No 39 SUPER Rarer ORNS
We answer the questions submitted to us as follows: bailar
JUN
Sree
1. Did SCC enter into a written guaranty contract? ALAN CARLSON, cml fA
x Yes No BYR. TURNBR-MITAN!
Pursuant to the parties’ stipulation, you are instructed to answer “Yes” to
this question and proceed to question 2.
2. Did Fillmore Sun, LLC default under the loan made to Fillmore Sun, LLC by
CPB by failing to repay the loan?
X_Yes No
If your answer to question 2 is yes, then answer question 3. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
3. Did SCC fail to perform under the written guaranty contract by failing to
pay Gray the amounts currently due and payable under the loan made to
Fillmore Sun, LLC?
—K_Yes No
If your answer to question 3 is yes, then answer question 4. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
4. Did Gray1 suffer damages as a result of SCC’s failure to perform under the
written guaranty contract by failing to pay Gray! the amounts currently due
and payable under the loan made to Fillmore Sun, LLC?
X_Yes No
If your answer to question 4 is yes, then answer question 5. If you answered no to.
question 4, stop here, answer no further questions, and have the presiding juror
sign and date this form.
5. Whatare Gray1’s damages as measured by the amount due and payable
under the loan?
TOTAL § FA \GS_AUS- 22 + Per Diem %7,606.43/) PAY Starting
‘i Dune 1, Delo:
Signed: LELL . cua
Presiding Juror
wesa220s8840.1Special Verdict Form ~ Breach of Guaranty ~ SCC Guaranty
Instruction No 39
Dated: Sane 25, 2el0
After all verdict forms have been signed, deliver this verdict form to the bailiff.
WesT220see19.1Special Verdict Form — Breach of Guaranty — Elieff Guaranty
Instruction No 40.
We answer the questions submitted to us as follows:
1.
WESTI2058449.1
Did Elieff enter into a written guaranty contract?
_X_Yes No
Pursuant to the parties’ stipulation, you are instructed to answer “Yes” to
this question and proceed to question 2.
Did Fillmore Sun, LLC default under the loan made to Fillmore Sun, LLC by
CPB by failing to repay the loan?
X_Yes No
if your answer to question 2 is yes, then answer question 3. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
Did any of the following events occur:
(a) Did SCC become insolvent at any point since August 24, 2005? The
term “insolvent” means a financial condition such that the sum of SCC’s
debts is greater than all of SCC’s property at a fair valuation.
Yes __X No
Go on to question 3(b).
(b) Did SCC have any court take jurisdiction of it's property, or any part
thereof, in any voluntary or involuntary proceeding, dissolution, or
liquidation, and such jurisdiction not relinquished, vacated, or stayed
within sixty (60) calendar days after the appointment?
X_Yes No
Go on to question 3(c).
{c) During any period of time from and after August 24, 2005, did SCC fail to.
maintain Liquidity (as defined in paragraph 4.22.2 of Trial Exhibit 41) of at
least $6,000,000.00, measured semi-annually as of June 30 and December
‘31 of each calendar year?
X_Yes NoSpecial Verdict Form - Breach of Guaranty — Elieff Guaranty
Instruction No 40
WesT220sa849.1
Go on to question 3(d).
(d) During any period of time from and after August 24, 2005, did SCC fail to
maintain Tangible Net Worth (as defined in paragraph 4.22.2 of Trial Exhibit
41) of at least $40,000,000.00, measured annually as of December 31 of
each calendar year?
_K_Yes No
Go on to question 3(¢).
{e) Did Fillmore Sun, LLC fail to deliver or cause SCC to deliver within
ninety (90) days after June 30, 2008 internally prepared June 30, 2008
Financi statements and Elieff not remedy the failure to comply with this
requirement within twenty (20) calendar days of written notice from the
holder of the loan?
X_Yes No
Go on to question 3(f).
{f) Did Fillmore Sun, LLC fail to deliver or cause SCC to deliver within one
hundred eighty (180) days after December 31, 2007 annual 2007 Financial
Statements, audited and prepared by an independent certified public
accountant acceptable to the holder of the loan, and Elieff not remedy the
re to comply with this requirements within twenty (20) calendar days of
written notice from the holder of the loan?
X_Yes No
Ifyou answered yes in response to any of 3(a) through 3(f) above, then
answer question 4. If you answered no in response to all 3(a) through 3(f)
above, stop here, answer no further questions, and have the presiding juror
sign and date this form.
Did Elieff fail to perform under the written guaranty contract by failing to
pay Gray1 the amounts currently due and payable under the loan made to
Fillmore Sun, LLC?
Xx _Yes No
If your answer to question 4 is yes, then answer question 6. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.Special Verdict Form — Breach of Guaranty — Elieff Guaranty
Instruction No 40
5. Did Gray1 suffer damages as a result of Elieff's failure to perform under the
written guaranty contract by failing to pay Gray’ the amounts currently due
and payable under the loan made to Fillmore Sun, LLC?
XK Yes No
If your answer to question 5 is yes, then answer question 6. If you answered no to
question 5, stop here, answer no further questions, and have the presiding juror
sign and date this form.
6. What are Gray1’s damages as measured by the amount due and payable
under the loan?
TOTAL $_A AGS 4OS-27 + Per Diem $2,606.43 /O*7 « Sedna
i 1, 2elo-
Signed: L of YER ead
Presiding Juror
Dated: Sune 23, ZctO
After all verdict forms have been signed, deliver this verdict form to the bailiff.
Wesra20sssi9.1Special Verdict Form ~ Breach of Guaranty— SCC Guaranty Affirmative
Defense—Sham Guaranty
Instruction No 44
We answer the questions submitted to us as follows:
1. Was SCC the originally proposed borrower under the loan?
Yes X_No
If your answer to question 1 is yes, then answer question 2. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
2. Was the transaction restructured by Central Pacific Bank so that SCC, the
originally proposed borrower, became a guarantor?
Yes No
If your answer to question 2 is yes, then answer question 3. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
3. In doing 1 and 2, did CPB intend to circumvent antideficiency laws?
Yes No
Signed: ugh bLA
Pregiding Juror
Dated: Sune 23, Zelo
After all verdict forms have been signed, deliver this verdict form to the bailiff.
wesr220s8846,1Special Verdict Form — Breach of Guaranty— Elieff Guaranty Affirmative
Defense—Sham Guaranty
Instruction No 42
We answer the questions submitted to us as follows:
4. Was Bruce Elieff the originally proposed borrower under the loan?
Yes __X No
If your answer to question 4 is yes, then answer question 2. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
2. Was the transaction restructured by Central Pacific Bank so that Mr. Elieff,
the originally proposed borrower, became a guarantor?
Yes No
If your answer to question 2 is yes, then answer question 3. If you
answered no, stop here, answer no further questions, and have the
presiding juror sign and date this form.
3. In doing 1 and 2, did CPB intend to circumvent antideficiency laws?
Signed:
Pregiding Juror
Dated: __ Sune 23 Zc\0
After all verdict forms have been signed, deliver this verdict form to the bailiff.
wesTw20ss849.1