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What Orbitix does Each RELP company is formed taking in consideration the individual needs of each investor or group of investors and usually the RELP is formed for each specific project or real estate property. This structure allows flexibility, and investors can have different partnerships with multiple people in different real estate projects, without loosing synergy. Many of the services to be performed by Orbitix in managing the RELP day-to-day activities are summarized below. Under the terms of the services agreement, Orbitix undertakes to use its best efforts to present to the RELP investment opportunities consistent with the investment policies and objectives as adopted by the board of directors. Orbitix is subject to the authority of the RELP board: • find, present and recommend real estate investment opportunities consistent with the RELP investment policies and objectives; • structure the terms and conditions of transactions pursuant to which acquisitions of properties will be made; • acquire or develop properties on RELP behalf in compliance with the investment objectives and policies; • arrange for financing and refinancing of properties; and • enter into property management contracts for the communities acquired.

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