Subscription to limited partner units

Making of a Real Estate limited partnership, Subscription to limited partner units Subscription to limited partner units.

Subscription to limited partner units.

To: L410E/Rigsby LP

3419 Northeast Loop 410
San Antonio, Texas 78218

The undersigned tenders this subscription, together with payment of $20,000 per unit, for _________ unit(s) in L410E/Rigsby LP a limited partnership organized under the Uniform Limited Partnership Act of the state of Texas, being offered by the offering prospectus dated June15th, 2004 (the "offering circular"), at a purchase price of $20,000 for each unit. It is understood that the amount payable for each unit tendered is to be deposited in escrow with the Wells Fargo Bank, for the benefit of the undersigned and will be returned promptly in the event that 20 units offered by the offering circular are not subscribed and paid for by September 15^th, 2004.

The undersigned represents and warrants that he [she] is a resident of the state of Texas and either (i) has a net worth (excluding, for this purpose, the value of the undersigned's home and household effects) of at least $250,000 or (ii) has a net worth of at least $250,000 and estimates that he [she] will be in a 15% or more income tax bracket, on the basis of total federal income taxes for 2004. Furthermore, the undersigned represents and warrants that he [she] has either (i) had experience in business enterprises or investments entailing risks of a type or to a degree substantially similar to those entailed in an investment in the company or (ii) has obtained independent financial advice with respect to his [her] investment in the units. The undersigned acknowledges receipt of a copy of the offering circular and represents and warrants that he [she] is familiar with the offering circular and is aware of the risks involved in making an investment in the units.

The undersigned understands and agrees that this subscription is made subject to the following terms and conditions:

(a). The General Partner shall have the right to accept or reject this subscription, in whole or in part.

(b). The agreement of limited partnership to be issued and delivered on account of this subscription will only be issued in the name of, and delivered to, the undersigned. The undersigned also represents that the units subscribed for are not being purchased for subdivision or fictionalization and are solely for the account of the undersigned.

The undersigned constitutes and appoints Jim Edward Glasgow, with power of substitution, his [her] attorney-in-fact for the purpose of executing and delivering on behalf of the undersigned the agreement of limited partnership between the undersigned and the other persons and parties who (together with the undersigned) shall constitute the partners of the company, and for the further purpose of executing and filing, on behalf of the undersigned, any and all certificates of limited partnership required in order that the undersigned may obtain the benefits provided under the Uniform Limited Partnership Act of the state of Texas.

Dated ______________, 2004