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<br />JERRY'S FAMOUS DELI, INC. <br />12711 Ventnra Blvd. ,Suite 400 <br />Studio City, CA 91604 <br /> <br />April 11. 2012 <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, FL 33 I 60 <br /> <br />Re: Transfer of98,996 Sq.Ft. ofTDRs from Jerry's Famous Deli, Inc., a <br />California corporation to Abus, LLC, a Florida limited liability company <br /> <br />Gentlemen: <br /> <br />The undersigned is the President of Jerry's Famous Deli, Inc., a California corporation <br />("JeITY's"). <br /> <br />JeITY's has closed on its sale of 98,996 square feet of TDRs to Abus, LLC, a Florida <br />limited liability company. <br /> <br />You are hereby instructed to transfer from the 98,996 square feet of TDRs which you are <br />holding for the benefit of Jerry's, the amount of 98,996 square feet of TDRs to Abus, <br />LLC, a Florida limited liability company. <br /> <br />Ene\osed is copy of the executed Assignment of Transfer to Development Rights. <br /> <br />If you have any questions, please contact my attorney, Howard 1. Friedberg or Alicia M. <br />Morales-Fcrnandez, both with Katz Barron Squitcro Faust at 305-856-2444. <br /> <br />Very truly yours, <br /> <br />Jerry's Famous Deli, Inc. <br /> <br /> <br />EXHIBIT "Ill' <br />