Document:

For Immediate Release

AMERICAN HOUSING INCOME TRUST SECURES
DEBT FINANCING AND UPLISTING TO OTC MARKETS 

Phoenix, AZ, November 17, 2015/PRNewswire/ -- American Housing Income Trust, Inc.®, a Maryland corporation ("AHIT" or the "Company") (OTCQB: AHIT) announced today that it has successfully secured approximately $1,000,000 in debt financing from FirstKey Mortgage, LLC.

The Company's Chief Financial Officer, Sean Zarinegar, stated, "We are pleased to have secured this additional financing from a leading lender in the residential and commercial finance business. This gives us the flexibility to carry out our mission to help our sophisticated investors achieve their strategic business goals, as well as facilitating our future growth as one of the country's fastest growing real estate investment firms."

President and CEO Jeff Howard states, "Our primary focus remains in acquisitions of additional single family rental properties and expanding our portfolio. Financing is a crucial part of our tractability and provides ample opportunity for our firm to move forward."

Additionally, the Company announced that it had been approved by OTC Markets Group Inc. to be quoted on OTCQB. "We are thrilled to announced our uplisting to the QB tier of OTC Markets Inc. We plan to continue working diligently towards our goals. I wish to thank our shareholders for their patience and understanding as we worked towards this process," stated Jeff Howard, President and CEO.

We believe that uplisting to the OTCQB tier allows the company greater opportunities to seek favorable and responsible financing. It also garners more attention and credibility to the company's real estate operations. Uplisting is just one of the first of many steps in the Company's attempt to develop a more sustainable, responsible business plan.

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About American Housing Income Trust, Inc.

American Housing Income Trust Inc., is incorporated in the State of Maryland owns and operates single family rentals in Arizona, Nevada and Texas and has plans to scale its operations nationally.  American Housing Income Trust Inc. is a publicly traded company on OTC Markets Group Inc. OTCQB listing venue as a compliant, fully reporting entity with the United States Securities and Exchange Commission. The Company's focus is on employing a disciplined acquisition strategy, operational efficiencies, as well as maintaining a full understanding of local, regional, and national housing fundamentals. As part of its marketing strategy, it promotes the benefits of single-family rental living compared to apartment dwelling. The company intends to qualify as a REIT for federal income tax purposes and would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. American Housing Income Trust Inc. has incorporated the assets of its subsidiaries that launched their initial business plan to acquire portfolios of SFR's in 2010 and is headquartered in Phoenix, Arizona. For information on American Housing Income Trust, visit www.ahitrust.com.

Forward Looking Statement

This press release contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events and similar expressions.  Forward-looking statements may be identified by use of words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," or "potential" or similar words or phrases which are predictions of or indicate future events or trends.  Statements such as those concerning potential acquisition activity, investment objectives, strategies, opportunities, other plans and objectives for future operations or economic performance are based on the Company's current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties.  Any of these statements could prove to be inaccurate and actual events or investments and results of operations could differ materially from those expressed or implied, including the ability of the Company to qualify and operate as a REIT.  To the extent that the Company's assumptions differ from actual results, the Company's ability to meet such forward-looking statements, including its ability to invest in a diversified portfolio of quality real estate investments and to qualify and operate as a REIT, may be significantly and negatively impacted.  You are cautioned not to place undue reliance on any forward-looking statements and the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, future events or other changes.  Please refer to Company's filings with the Securities and Exchange Commission for further information.

Contact: Monica Andreas, Executive Secretary, 623-551-5808, monica@ahitrust.com

Logo - ______________________________________________

SOURCE American Housing Income Trust, Inc.

Page 2Exhibit

Exhibit 10.1

NON-QUALIFIED STOCK OPTION AGREEMENT

Post Holdings, Inc. grants a Non-Qualified Stock Option (the “Option”) to ___________________ (“Optionee”), effective _________________ (“Grant Date”), to purchase a total of ____________ shares of its Stock at an exercise price of $________ per share pursuant to the Post Holdings, Inc. 2012 Long-Term Incentive Plan, as amended (the “Plan”), upon the terms hereafter provided in this Non-Qualified Stock Option Agreement (this “Agreement”).  Any capitalized terms, not otherwise defined herein, have the meanings given to such terms in the Plan.

NOW THEREFORE, the Company and Optionee agree, for and in consideration of the terms hereof, as set forth below. 

1.    Exercise.  Subject to the provisions of the Plan and the following terms, Optionee may exercise the Option from time to time by tendering to the Company (or its designated agent), written notice of exercise, which will state the number of shares under the Option to be exercised, together with the purchase price in either cash or, if the Committee so permits, in Shares at the Fair Market Value.  Notwithstanding the foregoing, if the Committee so permits, the purchase price may be payable through a net or cashless exercise as permitted by the Committee or through such other methods or forms as the Committee may approve in its discretion subject to such rules and procedures as it may establish.

2.    Vesting and When Exercisable.  

(a)    The Option vests and becomes exercisable in accordance with Section 2(b) below.  Subject to the provisions of the Plan and any vesting and other terms herein, the Option remains exercisable through the tenth anniversary of the Grant Date (“Expiration Date”) unless Optionee is no longer employed by the Company (or its Affiliates or Parent, if any), in which case the Option is exercisable only if permitted by, and in accordance with, the provisions of Section 3 below.

(b)    The Option vests while Optionee is employed by the Company (or an Affiliate or Parent, if any), and is exercisable, as follows: one third (1/3) of the shares covered by the Option shall vest on each of the first, second and third anniversaries of the Grant Date; provided, however, that upon Optionee’s death or Disability, the Option will fully vest as of the date of Optionee’s death or Disability.

3.    Accelerated Vesting and Limitation on Exercise Period.  

(a)    Upon the occurrence of a Change in Control while Optionee is employed by the Company (or an Affiliate or Parent, if any) and to the extent the Option remains outstanding following the Change in Control, the Option is assumed by the surviving corporation or Parent, or the surviving corporation or Parent substitutes options with substantially the same terms for the Option, then the Option shall continue to vest in accordance with Section 2(b) above, unless Optionee has a “Qualifying Termination” as hereafter defined.  Upon the occurrence of a Qualifying Termination, the Option shall automatically become fully vested, notwithstanding the normal vesting dates set forth in Section 2(b) above.

(b)    Once the Option vests and becomes exercisable as provided above, the Option shall remain exercisable for the periods set forth below or until the Expiration Date, whichever occurs first.  Thereafter, the unexercised portion of the Option is forfeited and may not be exercised.

(i)    In the event of the death of Optionee, the Option is exercisable for three years.

(ii)    In the event of the Disability of Optionee, the Option is exercisable for three years.

(iii)    In the event of the voluntary termination of Optionee’s employment with the Company (and its Affiliates and Parent, if any), the Option is exercisable for three years.

(iv)    In the event of the involuntary termination of Optionee’s employment with the Company (and its Affiliates and Parent, if any), other than a termination for death, Disability, or Cause, the Option is exercisable for six months.

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(c)    For purposes hereof, a “Qualifying Termination” means a termination of Optionee’s employment with the Company (and its Affiliate and Parent, if any) within two years of a Change in Control Date (i) by the Company (or an Affiliate or the Parent, if any) without Cause, or (ii) by the Optionee for “Good Reason”.  For purposes hereof, “Good Reason” means  (A) a material reduction in Optionee’s base salary, bonuses or incentive compensation; (B) a material reduction in the kind or level of employee benefits, fringe benefits or perquisites to which Optionee is from time to time entitled; (C) a diminution or adverse change in Optionee’s titles, authorities, duties, responsibilities or reporting relationships, or the assignment to Optionee of duties that are inconsistent with, or materially impair his ability to perform, the duties of his position prior to the Change in Control; or (D) a change in the geographic location by 50 miles or more at which Optionee must perform his services.

4.    Forfeiture.  

(a)    This Section 4 sets forth the circumstances under which the Option will be forfeited.  All shares not vested shall be forfeited upon Optionee’s receipt of written notice from the Committee of the occurrence of any of the following events (such notice is referred to as the “Forfeiture Notice”): 

(i)    Optionee is terminated for Cause;

(ii)    Optionee engages in competition with the Company; or 

(iii)    Optionee engages in any of the following actions: (A) intentional misconduct in the performance of Optionee’s job with the Company or any subsidiary; (B) being openly critical in the media of the Company or any subsidiary or its directors, officers, or employees or those of any subsidiary; (C) pleading guilty or nolo contendere to any felony or any charge involving moral turpitude; (D) misappropriating or destroying Company or subsidiary property including, but not limited to, trade secrets or other proprietary property; (E) improperly disclosing material nonpublic information regarding the Company or any subsidiary; (F) after ceasing employment with the Company, inducing or attempting to induce any employee of the Company or any Subsidiary to leave the employ of the Company or any subsidiary; (G) after ceasing employment with the Company, hiring any person who was a manager level employee of the Company or any subsidiary; or (H) inducing or attempting to induce any customer, supplier, lender, or other business relation of the Company or any subsidiary to cease doing business with the Company or any subsidiary.

(b)    Upon Optionee’s receipt of the Forfeiture Notice, the portions of the Option not vested will be forfeited and may not be exercised.  Notwithstanding any other provision of the Option, any portion of the Option that is vested (either in accordance with the normal vesting dates set forth in Section 2 or pursuant to an acceleration of vesting under Section 3) and is or becomes exercisable on or after the date on which Optionee receives the Forfeiture Notice shall remain exercisable for seven (7) days following the date on which Optionee receives the Forfeiture Notice (but in no event later than the Expiration Date).  Therefore, any vested and exercisable portion of the Option that is not exercised within such seven (7) day period (or by the Expiration Date if earlier) will be forfeited and may not be exercised.  The Committee or entire Board may waive any condition of forfeiture described in this Section.

5.    Governing Law.  This Agreement shall be governed by the laws of the State of Missouri without reference to the conflict of laws provisions thereof.  The Optionee shall be solely responsible to seek advice as to the laws of any jurisdiction to which he may be subject, and participation by the Optionee in the Plan shall be on the basis of a warranty by the Optionee that he may lawfully so participate without the Company being in breach of the laws of any such jurisdiction.  

6.    Amendment.  No amendment or modification of this Agreement shall be valid unless the same shall be in writing and signed by the Company and Optionee.  The foregoing, however, shall not prevent the Company from amending or modifying the Plan except that no such amendment or modification shall adversely affect the Optionee’s rights under this Agreement.

    

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7.    No Assignment or Transfer.  During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.  The Option shall not be assignable or transferable other than by will or by the laws of descent and distribution.  Notwithstanding the foregoing, the Optionee may request authorization from the Committee to assign his rights with respect to the Option granted herein to a trust or custodianship, the beneficiaries of which may include only the Optionee, the Optionee’s spouse or the Optionee’s lineal descendants (by blood or adoption), and, if the Committee grants such authorization, the Optionee may assign his rights accordingly.  In the event of any such assignment, such trust or custodianship shall be subject to all the restrictions, obligations, and responsibilities as apply to the Optionee under the Plan and this Agreement and shall be entitled to all the rights of the Optionee under the Plan.  

	
				
	ACKNOWLEDGED 
AND ACCEPTED
	 
	POST HOLDINGS, INC.

	 
	 
	 
	 

	 
	 
	By:
	 

	Optionee
	 
	Name:
	 

	 
	 
	Title:
	 

	 
	 
	 
	 

	Date
	 
	 
	 

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