Demonstrate the experience in an exclusive service and marketing arrangement

Share an example of the

commitment required, financially and operationally, to remain viable as an Exclusive provider

The commitment to eliminate personal dishes at our expense

A very strong contractual commitment to service performance

The opportunity for the Owner to participate in and share the proceeds from the business

Such capital expenditure would be extremely difficult to justify in most non-exclusive opportunities

PCO’s must include some anticipated maintenance capex in their models, both exclusive and non-exclusive

Internet has been a steady business with little relative capex requirement

The primary challenge to providing this service has been the voracious appetite on the part of the residents for bandwidth.

No great clamor from residents or owners to provide

Has been launched primarily on new conversion properties

Where launched see approximately a 15% penetration

SUMMATION: Exclusive service relationships can and do

work The PCO must be committed to and have the

financial and operational resources necessary to deliver a superior level of performance

The owner is able to benefit from a strong PCO partner delivering a quality service experience for their residents

Exclusive Service can deliver on profitability for the Owner’s investment.