CUSTODIAN CHANGES - Transfers involving a change in custodian, usually a qualified plan custodian (ie: Merrill Lynch Custodian FBO Dean Cash IRA to Prudential Securities Custodian FBO Dean Cash IRA). Charge to transferring investor: $10.00.

RE-REGISTRATIONS - Transfers involving a re-registration of units from one type of account to another type utilizing the same tax ID number (ie: Individual to Joint account) and TOD. Excludes transfers to trust accounts. Charge to transferring investor: $10.00.

RESALES - Transfers involving a sale of units from one registration to a new registration (Includes price per unit paid to seller). Charge to transferring investor: $50.00.

TRANSFERS BY RULE OF LAW - Transfers involving legal documents such as death, divorce, dissolving pension plan or profit sharing plan and bankruptcy. Charge to transferring investor: $50.00.

OTHER TRANSFERS - Transfer involving name changes, transfer to trust, gifts, re-registrations to a new tax ID number. Charge to transferring investor: $50.00.

MEDALLION® Signature Guarantee
EACH signature must be guaranteed by a member of an approved MEDALLION® Signature Guarantee Program; required on all transferor and transferee applications.

Transfer requests should be mailed to:
ATEL Investor Services
600 California Street, 6th Floor
San Francisco, CA 94108
 

Quick Reference

1. General
2. Death
3. Sale
4. Gift
5. Divorce
6. Trust
7. Custodial
   

GENERAL

1. Letter of Instruction (LOI) should include the following information:
   
   
   1. Fund name
   2. Number of units being transferred
   3. Transferor: Name and account number
   4. Transferee: Legal name
   5. Address and phone number
   6. Social Security Number or TIN
   7. Ownership type
   8. Representative and Broker/Dealer Information and;
   9. Purpose for transfer (i.e. sale, death, gift, trust)
2. Transfers to Non-resident Aliens
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form
   2. All non-resident alien transferor's will be required to submit a W-8 form.

DEATH

1. Death of a joint tenant and tenants in entirety (into an individual account):
   
   
   1. LETTER OF INSTRUCTION from surviving tenant

   Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

   1. Original certified death certificate
   2. W9 of new ID# (if it is changing)

2. Death of an individual, community property, and tenants in common:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Copy of death certificate
      2. Original certified Letters Testamentary
      3. Fully executed transferor and transferee applications with MEDALLION® Signature Guarantee.
3. Death of a trustee:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Original certified death certificate
      2. Portion of the trust stating that upon the death of one co-trustee the other can act alone or becomes sole trustee (title and signature pages as well)
      3. W9 if taxpayer identification number is changing (i.e. husband is deceased and identification number is to be changed to the wife's)
4. When (1) a sole trustee dies, (2) remaining co-trustee wants to change the registration completely or (3) adding a substitute co-trustee:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Original certified death certificate
      2. Successor trustee provision (title and signature pages as well)
      3. Fully executed transferor and transferee applications with MEDALLION® Signature Guarantee.

SALE

1. Sale through a secondary market:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Power of Attorney documents (this form gives the secondary market the authority to sign our documentation on behalf of the investor). Investors signatures must be Medallion signature guaranteed.
      2. Corporate Resolution
      3. Fully executed transferor and transferee applications with MEDALLION® Signature Guarantee.
      4. Department of Corporations (DOC) approval if necessary (see DOC instructions).
2. Sale directly between two parties:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Fully executed transferor and transferee applications with Medallion signature guarantee.
      2. Department of Corporations (DOC) approval if necessary

GIFT

1. When there is no money, or other consideration, exchanged between two parties:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Fully executed transferor and transferee applications with Medallion signature guarantee.

DIVORCE

1. When a divorce decree is received and the account is being transferred from joint name to individual name:
   
   
   1. LETTER OF INSTRUCTION from either investor

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Divorce decree - original certified court order that must clearly specify the ATEL units being transferred and the transferee name
      2. W9 if taxpayer identification number is changing
2. Request for a transfer due to divorce without a decree:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Fully executed transferor and transferee applications
      2. MEDALLION® Signature Guarantee required

TRUST

1. Transfer from an individual (or various other registration types) into a trust:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Fully executed transferor and transferee applications with MEDALLION® Signature Guarantee.

CUSTODIAL

1. Transfer between custodians keeping the registration type the same (i.e. IRA, pension or profit sharing plan:
   
   
   1. LETTER OF INSTRUCTION
      or re-registration form

      Bank of New York will provide the transferor and transferees documents as well as request other documentation required including but not limited to the items below.

      1. Fully executed transferor and transferee applications with MEDALLION® Signature Guarantee per signature.
2. Change of ownership type within the same custodian just needs to be requested by the custodian by LETTER OF INSTRUCTION with the appropriate signatures.