Exhibit 10.21
DUPLICATE
MASTER LEASE AGREEMENT
Agreement No. L5340
LESSOR: LEASETEC CORPORATION, LEASETEC SYSTEMS Date June 20, 1996
CREDIT DIVISION, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
LESSEE: (Full Legal Name) GlobeCom Inc., a __________________ corporation
STREET ADDRESS: ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
BILLING ADDRESS: 11th Floor
TELEPHONE NO. (▇▇▇) ▇▇▇-▇▇▇▇
TERMS AND CONDITIONS OF LEASE
1. LEASE. (a) Lessor hereby leases to Lessee and Lessee leases from Lessor the
equipment described on the Schedules ("Equipment"), and Lessee further agrees to
pay all Software usage fees and charges for Services (as specified in the
Schedules). All replacements, parts, cables, repairs, additions and accessories
for or to the Equipment shall (whether or not purchased by Lessor) be considered
part of the Equipment for all purposes and (unless otherwise agreed) shall, upon
delivery to Lessee, become the property of the Lessor. Lessee represents that
all Equipment is being leased for commercial or business purposes only, and not
for personal, home, or family purposes.
(b) "Rental Start Date" means the date upon which the Equipment and
Software is delivered and determined by Lessor or its designees to be ready for
use at Lessee's location, or the date on which Services are first supplied,
whichever is earlier. "Schedule" means a schedule in the form of Exhibit A
hereto with all the blanks completed, signed by Lessor and Lessee and
incorporating by reference the terms and provisions of this Master Lease
Agreement ("Master Lease"). Each Schedule shall constitute a separate and
independent lease (a "Lease"); the original of such Lease shall consist of the
original, manually-signed Schedule and a true copy of the Master Lease.
"Stipulated Loss Value" means the amount determinable from the table attached to
or referenced in a Schedule; if there is no such table, there is no Stipulated
Loss Value. "System" means the Equipment, all software and documentation which
is delivered on or with the Equipment or is included on the Schedules
("Software") and all training, maintenance and support services identified on
the Schedules (the "Services"). The term "Software" also includes any software
and documentation produced in the performance of the Services and all
corrections, updates and revisions provided to Lessee for the Software.
Capitalized terms used but not defined herein shall mean and refer to the
corresponding items on the applicable Schedule.
2. TERM/RENTALS. The Lease shall commence with respect to the System described
on the Schedule upon the Rental Start Date and shall continue for the Rental
Term calculated from the first day of the month following the Rental Start Date.
Lessee agrees to execute a Delivery and Acceptance Certificate (in the form of
Exhibit B hereto) as of such Rental Start Date. For the Rental Term, Lessee
agrees to pay Lessor aggregate rentals equal to the sum of the Rental Payments
(including Advance Rental Payments), together with payments for any partial
month at the commencement of the Lease. If the Rental Start Date does not fall
on the first day of a month, the payment for the partial month at the
commencement of the Lease shall be a pro rata portion of the Rental Payment,
calculated on a 30-day basis. (If Rental Payments are payable quarterly under
the Schedule, the references herein to "month" shall mean "quarter" and the pro
rata calculation under the preceding sentence shall be on a 90-day basis.) The
first Rental Payment (together with Advance Rental Payments and payment for any
partial month at the commencement of the Lease) is due on the Rental Start Date,
and remaining Rental Payments are due on the succeeding Rental Payment Dates
specified in the applicable Schedule. Each Lease shall be a net lease; and
Lessee's obligation to pay all Rental Payments (which include rent for use of
the Equipment, Software usage fees, and charges for Services) and other sums
thereunder, shall be absolute and unconditional, and shall not be subject to any
abatement, reductions, set-off, defense, counterclaims, interruption, deferment
or recoupment, for any reason whatsoever. A late charge on any Rental Payments
or other sums due hereunder which are past due shall accrue at the rate of 18%
per annum, or if such rate exceeds the maximum rate allowed by law, then at such
maximum rate, and shall be payable on demand. The Lease may only be terminated
as expressly provided herein or in the applicable Schedule. A handling and
delivery charge to cover all transportation, rigging, drayage, packing,
installation and handling of the Equipment and Software to and from Lessor's or
the supplier's facilities shall be paid by Lessee.
3. WARRANTIES. Lessee acknowledges that it has made the selection of each item
included in the System based upon its own judgment and expressly disclaims any
reliance upon statements made by Lessor. LESSOR MAKES NO EXPRESS OR IMPLIED
WARRANTIES INCLUDING THOSE OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR USE
WITH RESPECT TO THE SYSTEM AND HEREBY DISCLAIMS THE SAME. Lessor shall have no
liability for any damages, whether direct, indirect, general, special,
incidental, exemplary or consequential, incurred by Lessee as a result of any
defect or malfunction of the System. Lessee shall look solely to the suppliers
of the Equipment, Software and Services for any and all claims related to the
System. Lessee understands and agrees that neither the suppliers nor any
salesperson or other agent of any suppliers is an agent of Lessor. No
salesperson or agent of a supplier is authorized to waive or alter this Lease,
and no representation by a supplier shall in any way affect Lessee's duty to pay
the Rental Payments and perform its obligations under this Lease. Lessor hereby
assigns to Lessee, for and during the Rental Term, any warranty on the System
provided by the suppliers. Lessor and Lessee agree that all limitations on
remedies and liability contained in this Lease represent a reasonable allocation
of risks that is part of the fundamental bargain between the parties.
4. TITLE. Lessor and Lessee hereby confirm their intent that the Equipment shall
always remain and be deemed personal property even though it may become attached
or affixed to realty; that title to the Equipment shall remain in Lessor (or its
successors and assigns) exclusively; and that title in Software shall remain
with the supplier thereof and shall not pass to Lessee. Lessee's rights and
remedies with respect to Software are limited to its software license agreement
with the supplier. If requested by Lessor, Lessee will affix plates or markings
on the Equipment and Software indicating the interests of Lessor and its assigns
therein; and Lessee will not allow any other indicia of ownership or other
interest in the System to be placed thereon. Lessee shall not attempt to sell,
assign, grant a security interest in, sublet, pledge, hypothecate or otherwise
encumber or suffer a lien upon or against this Lease or any item or part of the
System.
5. ASSIGNMENT. (a) LESSEE AGREES THAT LESSOR MAY SELL, ASSIGN, GRANT A SECURITY
INTEREST IN, OR OTHERWISE TRANSFER ALL OR ANY PART OF ITS RIGHTS, TITLE AND
INTEREST IN THIS LEASE AND THE SYSTEM WITHOUT NOTICE TO OR CONSENT OF LESSEE.
Upon Lessors written notice to Lessee that this Lease, or the right of the
rental payments hereunder, have been assigned, Lessee shall, if requested, pay
directly to Lessor's assignee without abatement, deduction or set-off all
amounts which become due hereunder. Lessee waives and agrees it will not assert
against Lessor's assignee any counterclaim or set-off in any action for rent
under the Lease. Upon the assignment of this Lease, Lessor's assignee shall have
and be entitled to exercise any and all rights and remedies (but none of the
obligations) of Lessor hereunder, and all references herein to Lessor shall
include Lessor's assignee. Lessee acknowledges that any assignment or transfer
by Lessee does not materially change Lessee's duties or obligations under this
Lease nor materially increase the burdens or risks imposed on Lessee.
(b) LESSEE MAY NOT ASSIGN THIS LEASE OR SUBLEASE THE SYSTEM OR ANY PART
THEREOF WITHOUT LESSOR'S PRIOR WRITTEN CONSENT, WHICH CONSENT SHALL NOT BE
UNREASONABLY WITHHELD OR DELAYED. In the event Lessee makes an assignment or
sublease (to which Lessor has consented). Lessee shall not thereby be relieved
of its duties and obligations hereunder, for which it shall remain fully
responsible and liable (independent of its assignee).
6. TAXES AND REGULATIONS. Lessee shall comply with all applicable federal,
state, local, foreign and international laws, regulations and orders relating to
this Lease and the use and operation of the Equipment and Software. Lessee
hereby assumes liability for, and shall pay when due, and on a net after-tax
basis shall indemnify and defend Lessor against, all federal, state, local,
foreign and international fees, taxes and governmental charges (including,
without limitation, interest and penalties) of any nature imposed upon or in any
way relating to Lessor, Lessee, any item or part of the System or this Lease,
except federal, state and local taxes on or measured by Lessor's net income
(other than any such tax which is in substitution for or relieves Lessee from
the payment of taxes it would otherwise be obligated to pay to or reimburse
Lessor for as herein provided). Applicable sales and use taxes will be added to
the Rental Payments unless Lessee provides evidence of direct payment authority
or an exemption certificate valid in the state in which the Equipment and/or
Software is installed. Other applicable taxes may be separately billed to Lessee
by Lessor and shall be due within thirty (30) days of the invoice date.
7. INDEMNIFICATION.(a) Lessee hereby assumes liability for, and shall pay when
due, and shall indemnify and defend Lessor against any and all liabilities,
losses, damages, claims and expenses (including reasonable attorney fees) in any
way relating to or arising out of this Master Lease, any Schedule or any item or
part of the System, including without limitation the manufacture, purchase,
ownership, shipment, transportation, delivery, installation, design, licensing,
leasing, possession, use, operation, maintenance, servicing, repair, storage and
return of the Equipment or Software. Lessee shall give Lessor prompt notice of
any occurrence, event or condition in connection with which Lessor may be
entitled to indemnification hereunder. The provisions of this Section 7 are in
addition to, and not in limitation of, the provisions of Section 6. The
indemnities contained herein shall survive the expiration of the Rental Term of
the Lease.
(b) This Lease has been entered into on the assumption that Lessor shall
be entitled to all deductions, credits, and other tax benefits as are provided
in the Internal Revenue Code of 1986, including amendments as may occur (the
"Code"), to an owner of property including, without limitation, depreciation
deductions and interest deductions with respect to any debt incurred to finance
the procurement of the System. If, as a result of any acts, omissions or
misrepresentations by Lessee or as a result of any changes in the Code
(including any changes in the Marginal corporate income tax rate), the
regulations issued thereunder or the administrative or judicial interpretations,
Lessor's projected after-tax economic return resulting from ownership and lease
of the Equipment hereunder is reduced, then Lessee's Rental Payments shall be
increased in an amount (based on
Lessor's reasonable calculations) sufficient to provide the same net after-tax
economic return as if such acts or omissions or changes had not occurred.
Appropriate increases shall also be made in the applicable Stipulated Loss
Values (if any) for this Lease. In the event the Lessor's interest in the System
is sold or assigned by Lessor to another party, the net after-tax economic
returns considered shall be those of such transferee.
8. USE; MAINTENANCE; EXTENSIONS. (a) Lessee, at its expense, shall make all
necessary site preparations and cause the Equipment and Software to be operated
in accordance with any applicable supplier's manuals or instructions.
Notwithstanding any transfer or assignment by Lessor and provided Lessee is not
in default hereunder, Lessee shall have the right to quietly possess and use the
Equipment and Software as provided herein and receive the Services without
interference by Lessor, its assigns or any other third party claiming through or
under Lessor.
(b) Lessee shall effect and bear the expense of all necessary repair,
maintenance, operation and replacements required to be made to maintain the
Equipment and Software in good condition, reasonable wear and tear excepted.
Such obligations shall extend to repair or replacement of any partial loss or
damage to Equipment and Software regardless of the cause of such loss or damage.
Lessee shall obtain and keep in effect, at all times during the Rental Term (and
any renewal or extension thereof), maintenance service contracts covering the
Equipment and Software with the suppliers thereof or with suppliers of
maintenance services approved by Lessor, such approval not to be unreasonably
withheld. Except as otherwise provided herein for Services, all maintenance,
repair and replacement services shall be immediately paid for and discharged by
Lessee directly with the suppliers thereof to prevent the attachment of any lien
on the Equipment or Software for materials or services under applicable law.
(c) At the expiration of the Rental Term, upon notice given by Lessee at
least ninety (90) days prior thereto, (i) this Lease shall be extended or
renewed under the terms and conditions set forth herein for a period and rental
amount to be agreed, or (ii) if no such agreement is reached or such notice
specifies return of the Equipment and Software, then Lessee shall take the
actions concerning the Equipment and Software prescribed in Section 10. In the
absence of any notice as permitted by the preceding sentence, the Lease shall be
automatically extended on a month-to-month basis, until terminated (upon notice
by either party given at least ninety (90) days prior to the end of the month on
which the termination is to be effective) or until extended or renewed by
agreement of the parties.
(d) Until all Rental Payments and other amounts due under the Lease are
paid and either (i) the Equipment and Software are returned in the manner and
condition prescribed in Section 10 and (if requested by Lessor) the
certifications required under Section 10 are provided, or, if applicable, the
purchase option price is paid pursuant to Section 15, or (ii) a mutually agreed
renewal or extension of the Lease takes effect, Lessee agrees to continue paying
rent for the System in the amount of the applicable Rental Payments set forth in
the Schedule. Without limitation of the foregoing, such obligation to pay rent
shall continue for any period during which repairs are being performed (at
Lessee's expense) to place returned Equipment in the condition required under
Section 10.
9. INSURANCE/LOSS. (a) Lessee shall obtain prior to the Rental Start Date and
maintain throughout the Rental Term (and any renewal or extension thereof), at
its own expense, property damage and personal injury liability insurance and
insurance against loss or damage to the Equipment including, without limitation,
loss by fire (including so-called extended coverage), theft and such other risks
of loss as are customarily insured against on the types of Equipment leased
hereunder and by the types of business in which the Equipment will be used by
Lessee, in such amounts, in such form and with such insurers as shall be
satisfactory to Lessor, provided however, that the amount of insurance against
loss or damage to the Equipment shall not be less than the greater of the
replacement value of the Equipment, the original Equipment cost to Lessor, and
the applicable Stipulated Loss Value (if any) for this Lease. Each insurance
policy will name Lessee as an insured and Lessor as an additional insured or
loss payee thereof, and shall contain a clause requiring the insurer to give
Lessor at least 30 days prior written notice of any alterations in the terms of
such policy or of the cancellation thereof. Lessee shall furnish to Lessor a
certificate of insurance or other evidence satisfactory to Lessor that such
insurance coverage is in effect; provided, however, that Lessor shall be under
no duty either to ascertain the existence of or to examine such insurance policy
or to advise Lessee in the event such insurance coverage shall not comply with
the requirements hereof. Lessee further agrees to give Lessor prompt notice of
any damage to, or loss of, the Equipment or Software, or any part thereof.
(b) If any Equipment or Software are lost, stolen, destroyed or damaged
beyond repair for any reason, or in the event of condemnation, confiscation,
seizure or requisition of title to or use of such items, Lessee shall
promptly pay to Lessor the amounts specified in Section 12(a)(ii) for that
Equipment and Software and either the applicable pro rata portion of the
Stipulated Loss Value (if any) or, in the absence of such Stipulated Loss Value,
the amounts specified in Sections 12(a)(iv)(A) and (B) for that Equipment and
Software, less the net amount of the recovery, if any, received by Lessor from
insurance or otherwise for such loss or damage. Upon payment by Lessee as
aforesaid, Lessor will transfer to Lessee, without recourse or warranty, all of
Lessor's right, title and interest, if any, in that Equipment or Software.
10. INSPECTION, LOCATION AND RETURN. Lessor shall have the right, at all times,
to inspect the Equipment and Software during regular business hours, with
reasonable notice, and in compliance with Lessee's reasonable security
procedures. Lessee may move the Equipment and Software from the installation
address shown on the Schedule (or any other location for which Lessee has
complied with this provision) only if (i) the new location is within the
continental United States, and (ii) Lessee gives at least 30 days' prior written
notice of the relocation and provides UCC-1 financing statements or such other
documentation as Lessor reasonably requests to protect its interest in the
Equipment. Upon expiration or cancellation of the Rental Term or any extension
or renewal thereof, Lessee at its own risk and expense (i) will immediately
return the Equipment to Lessor in the same condition as when delivered, ordinary
wear and tear excepted, at such location as Lessor shall designate; (ii) will,
on request from Lessor, obtain from the supplier (or other maintenance service
supplier previously approved by Lessor) a certificate stating that the Equipment
and Software qualifies for continued maintenance service at the standard rates
and terms then in effect; and (iii) will immediately return any Software
(including all copies thereof) to Lessor or, if requested by Lessor, will supply
a certificate of destruction covering all copies of any Software.
11. EVENTS OF DEFAULT. An Event of Default shall occur hereunder if Lessee (i)
fails to pay any Rental Payment or other payment required hereunder when due and
such failure continues for a period of ten (10) days after written notice from
Lessor or (ii) fails to perform or observe any other covenant, condition or
agreement to be performed or observed by it hereunder or breaches any provision
contained herein or in any other document furnished Lessor in connection
herewith, and such failure or breach continues for a period of thirty (30) days
after written notice from Lessor, or (iii) without Lessor's consent, attempts to
assign this Lease or sell, transfer, encumber, part with possession, or sublet
any item or part of the System; or (iv) makes any representation or warranty
herein or in any document furnished by Lessee in connection herewith, which
shall have been materially false or inaccurate when made or at the time to which
such representation or warranty relates; or (v) shall commit an act of
bankruptcy or become insolvent or bankrupt or make an assignment for the benefit
or creditors or consent to the appointment of a trustee or receiver or either
shall be appointed for Lessee or for a substantial part of its property without
its consent, or bankruptcy reorganization, or insolvency proceedings shall be
instituted by or against Lessee, and if instituted against Lessee shall not be
vacated or dismissed within sixty (60) days. Any Event of Default shall be
deemed material and a substantial impairment of Lessor's interests for the
purposes of this Lease, the Uniform Commercial Code (as in effect in the state
in which the System is to be located during the term of the Lease and referred
to hereafter as the "UCC"), and any other applicable law.
12. REMEDIES. (a) Upon the occurrence of any Event of Default and at any time
thereafter, provided such Event of Default is then continuing, Lessor may, in
its discretion, do any one or more of the following: (i) cancel any or all
Leases which reference this Master Lease, upon notice to Lessee; (ii) recover
any accrued and unpaid Rental Payments and other amounts which are due and owing
under the Leases so cancelled on the Rental Payment Date immediately preceding
the date on which Lessor obtains possession of the Equipment and Software (or
such earlier date as judgment is entered in favor of Lessor) (the "Determination
Date"), plus late charges as specified in Section 2 for past due amounts; (iii)
if this Lease specifies a Stipulated Loss Value for the Equipment, with or
without canceling this Lease, recover (A) such Stipulated Loss Value as of the
Rental Payment Date immediately preceding the Determination Date, and (B) the
amount of any loss or reduction of tax benefits which Lessor anticipated it
would receive if the Lease continued for its full Rental Term; (iv) if no
Stipulated Loss Value is specified in this Lease, with or without canceling this
Lease, recover damages, not as a penalty, but herein liquidated for all purposes
in an amount equal to (A) the present value of all future Rental Payments
reserved in the Lease discounted to the Determination Date at a rate equal to
the then-current discount rate of the Federal Reserve Bank of San Francisco plus
one percent (1%), and (B) the present value of the Equipment's fair market value
at the expiration of the Rental Term as estimated by Lessor discounted at the
same rate as provided under Section 12(a)(iv)(A) above, and (C) the amount of
any loss or reduction of tax benefits which Lessor anticipated it would receive
if the Lease continued for its full Rental Term; (v) recover any amounts due
under any indemnity then determinable, plus late charges as specified in Section
2 for past due amounts; (vi) require that Lessee provide the return and if
requested by Lessor the certifications of the Equipment and Software in
accordance with Section 10 hereof; (vii) sell any or all of the Equipment at
public or private sale, or license any or all of the Software, with or without
notice to Lessee or advertisement, or otherwise dispose of, hold, use, operate,
lease to others or keep idle such Equipment or Software, all free and clear of
any rights of Lessee and without any duty to account to Lessee for such action
or inaction or for any proceeds with respect thereto; and
(viii) exercise any other right or remedy which may be available to it
under the UCC or other applicable law including the right to recover damages for
the breach hereof.
(b) In addition, Lessee shall be liable for and reimburse Lessor for all
reasonable and necessary legal fees and all commercially reasonable costs and
expenses incurred by Lessor as a result of the foregoing defaults or the
exercise of Lessor's remedies, including without limitation recovering
possession of the System, selling, licensing or leasing the System (including
broker's and sales representative's fees and commissions), and placing any
portion of the System in the condition and obtaining the certificates required
by Section 10 hereof. No remedy referred to in this Section is intended to be
exclusive, but each shall be cumulative and in addition to any other remedy
referred to above or otherwise available to Lessor at law or in equity. No
express or implied waiver by Lessor of any default shall constitute a waiver of
any other default by Lessee, or a waiver of any of Lessor's rights.
13. LESSEE'S REPRESENTATIONS, WARRANTIES AND WAIVERS. Upon execution of the
Master Lease and each Schedule, Lessee warrants and represents the following:
(a) Lessee is a corporation duly organized, validly existing and in good
standing under the laws of its state of incorporation. Lessee has full power and
authority and all necessary licenses and permits to carry on its business as
presently conducted, to own or hold under lease its properties and to enter into
this Master Lease and each Schedule and to perform its obligations thereunder;
and Lessee is duly qualified to do business as a foreign corporation and is in
good standing in each jurisdiction in which the character of its properties or
the nature of its business or the performance of its obligations under this
Master Lease and any Schedule requires such qualification.
DUPLICATE
(b) The execution and delivery by Lessee of this Master Lease and each
Schedule and the performance by Lessee of its obligations thereunder have been
duly authorized by all necessary corporate action on the part of Lessee; and do
not and will not contravene the provisions of, or constitute a default (either
with or without notice or lapse of time, or both) under, or result in the
creation of any lien upon, the System or any property of Lessee under any
indenture, mortgage, contract or other instrument to which Lessee is a party or
by which Lessee or its properties is bound.
(c) No consent or approval of, giving of notice to, registration with, or
taking of any other action by, any state, federal, foreign or other governmental
commission, agency or regulatory authority or any other person or entity is
required for the consummation or performance by Lessee of the transactions
contemplated under this Master Lease and each Schedule.
(d) This Master Lease and each Schedule, when executed by Lessee,
constitute legal, valid and binding agreements of Lessee enforceable against
Lessee in accordance with their terms, except as limited by any bankruptcy,
insolvency, reorganization or other similar laws of general application
affecting the enforcement of creditor or Lessor rights.
(e) There are no actions, suits or proceedings pending or threatened
against or affecting Lessee or any property of Lessee in any court, before any
arbitrator of any kind or before or by any federal, state, municipal or other
governmental department, commission, board, bureau, agency or instrumentality
(collectively "Governmental Body"), which, if adversely determined, would
materially adversely affect the business, financial condition, assets, or
operations of Lessee, or adversely affect the ability of Lessee to perform its
obligations under this Master Lease and each Schedule; and Lessee is not in
default with respect to any order of any court, arbitrator or Governmental Body
or with respect to any material loan agreement, debt instrument or contract with
a supplier or customer of Lessee, except as disclosed in writing to Lessor.
(f) Lessee has not taken and will not take any action or maintain any
position inconsistent with treating this Master Lease and each Schedule as a
valid leasehold interest in the Equipment.
(g) To the extent permitted by applicable law, Lessee hereby waives any
and all rights and remedies to: (i) cancel this Lease; (ii) repudiate this
Lease; (iii) reject the System; (iv) revoke acceptance of the System; (v)
recover damages from Lessor for any breaches of warranty or for any other
reason; (vi) claim a security interest in the System in Lessee's possession or
control for any reason; (vii) deduct from Rental Payments all or any part of any
claimed damages resulting from Lessor's default, if any, under this Lease, from
the provision of any Software license or Services by any third party, or from
any defect, failure or lack of performance in or by the System; (viii) accept
partial delivery of the System; (ix) "cover" by making any purchase, license or
lease of or contract to purchase, license or lease equipment or software in
substitution for any portion of the System designated to this Lease. (x) recover
any direct, general, special, incidental, indirect, exemplary or consequential
damages, for any reason whatsoever; and (xi) obtain specific performance,
replevin, detinue, sequestration, claim and delivery or the like for any portion
of the system identified to this Lease. To the extent permitted by applicable
law, Lessee also hereby waives any rights now or hereafter conferred by statute
or otherwise which may require Lessor to sell, license, lease or otherwise use
any item or part of the System in mitigation of Lessor's damages or which may
otherwise limit or modify any of Lessor's rights or remedies.
14. FINANCE LEASE. The parties agree that each Lease is a finance lease as
defined by Section 4-2.5-103(1)(g) of the UCC. Lessee acknowledges that (i)
Lessee has selected the supplier or suppliers of the System, and (ii) by this
provision Lessor has advised Lessee in writing that (A) Lessee may have rights
under the supply contract between Lessor and supplier, and (B) Lessee may
contact the supplier for a description of any such rights Lessee may have under
the supply contract.
15. PURCHASE OPTION. At the expiration of the Rental Term, Lessee shall, upon
written notice given at least ninety (90) days prior thereto, have the option to
purchase all (but not less than all) of the Equipment, having the same Rental
Term expiration date at the purchase option price indicated on its Schedule,
provided no Event of Default has occurred which is then continuing. If no
purchase option pricing is indicated on the Schedule for such Equipment, the
purchase price shall be its then fair market value. Fair market value, as
applied to a purchase option hereunder, shall be determined by Lessor based on
the price a willing buyer would pay and a willing seller would accept (neither
buyer nor seller being under compulsion to act) for the Equipment as installed
and in use, giving due consideration to its condition, utility, revenue
producing capability, and replacement cost. The purchase option price shall be
paid not later than the last day of the Rental Term. Software is not included
under this Section.
16. MISCELLANEOUS. (a) This Lease may not be amended except by a written
agreement signed by both Lessor and Lessee, and shall be binding upon and inure
to the benefit of the parties hereto, their permitted successors and assigns.
Any provision of the Lease which is unenforceable in any jurisdiction shall, as
to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof; and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction; provided,
however, that to the extent that the provisions of any such
applicable law can be waived, they are hereby waived by Lessee. Time is of the
essence with respect to this Lease. Lessee hereby expressly assumes liability
for and agrees to indemnify and defend and hold Lessor harmless from and against
any breach by Lessee of any representation, warranty or covenant made by Lessee
herein and in connection therewith to pay and reimburse Lessor for the payment
of any and all expenses, including reasonable attorney fees incurred by Lessor
in connection with or as the result of any such breach. The captions set forth
herein are for convenience only and shall not define or limit any of the terms
hereof. This Lease shall in all respects be governed by, and construed in
accordance with the laws of the state in which the System is to be located
during the term of the Lease, as applicable to contracts executed and to be
fully performed therein by residents thereof. LESSOR AND LESSEE WAIVE ALL RIGHTS
TO TRIAL BY JURY IN ANY LITIGATION ARISING FROM THIS LEASE. This Lease shall
become effective and binding on the parties, when the related Schedule is
accepted by Lessor.
(b) Any notices or demands required or permitted hereunder shall be
given to the parties in writing and by personal delivery, regular or certified
mail, facsimile or telegram at the address herein set forth or to such other
address as the parties may hereafter substitute by written notice given in the
manner prescribed in this Section. Such notices or demands shall be deemed given
upon receipt in the case of personal delivery and upon mailing or transmission
in the case of mail, facsimile or telegram.
(c) Lessee will promptly execute and deliver to Lessor such further
reasonable documents (including, but not limited to, financing statements) and
take such further reasonable action (such as obtaining landlord or mortgagee's
waiver and consent), as Lessor may request in order to more effectively carry
out the intent and purpose of this Lease or an assignment of Lessor's interest
herein. Lessee authorizes Lessor to sign (in Lessor's name, Lessee's name, or
both) and file any UCC financing statements (including continuation statements)
which Lessor deems necessary or appropriate to protect the interests of Lessor
and its assignees in the Equipment and the Lease.
(d) In the event Lessee fails to make any required payments
hereunder (for taxes, insurance, repairs or any other purpose) Lessor may,
without any obligation to do so and without waiving the Event of Default
resulting from such failure, make such payments which shall be immediately due
and payable by Lessee upon invoice by Lessor.
LESSEE:
LEASETEC CORPORATION,
Globe Com, Inc. LEASETEC SYSTEMS CREDIT DIVISION:
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
---------------------------- ----------------------------
Title: Senior Vice President Title: Operating Manager
------------------------------ ---------------------------
(Must be signed by officer duly authorized
to enter into this Lease on behalf of Lessee)
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L534000 TO MASTER LEASE AGREEMENT NO. L5340 DATED
June 20, 1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeCom, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Tern: 36 Months
2. Rental Payments: 12 Payments of $1,806.00
each, payable monthly ( ) or quarterly (X) (check
one) in advance
3. Rental Payment Dates: First day of each month ( ) or each quarter (X)
(check one)
4. Advance Rental Payments: Last n/a Rental payments shall be delivered to
Lessor on the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached
Total: $19,855.95
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeCom, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
---------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
-------------------------- ----------------------------
Title: Senior Vice President Title: Operation Manager
------------------------- ----------------------------
DUPLICATE
GlobeCom, INC. L EQUIPMENT LIST
-------------- - --------------
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
1 Ultra 1 Model 140 143 Mhz UltraSPARC-1, 17" TGX, 32MB, 1.05GB
1 1.05 GB Fast SCSI-2 Drive
1 Type 5 Country Kit (Unix)
1 Enterprise 1 Model 140 w/ (1) Yr On-Site Next-Day
Warranty 143mhz, 512KB Ext. Cache, 64MB, 2.1GB, Sun
CD4, Solaris Server Lic.
1 64MB SIMM Expansion (2 x 32MB)
1 2.1 GB Fast/Wide SCSI-2Drive, 7200 rpm
1 Sun Server US Power cord
1 Kingston EtherX 8 port stackable hub
1 Solaris 2.5 Server Media Kit
1 Solaris 2.5 Desktop Media Kit
Total Cost: $19,855.95
Initialed By: /s/ GM
-------------------
DUPLICATE
ADDENDUM TO SYSTEM SCHEDULE NUMBER L5340-01
BETWEEN
LEASETEC SYSTEMS CREDIT CORPORATION ("LESSOR")
AND GLOBECOM, INC. CORPORATION
DATED JUNE 20, 1996
Any provisions of the Lease to the contrary notwithstanding, Lessor and Lessee
hereby amend said Lease Schedule Number as follows;
Add the following equipment:
(1) Cabinet 70 x 19 x 24 Frame for IBM Blue w/front trim & shelf rails
(1) 1400 VA UPS, Hot Swap Replaceable Batteries w/Smart Slot, Rackmountable
Cost: $1,290.00
The monthly lease payment is changed from $70.00 to $111.00. The total Equipment
Cost is changed from $2,218.00 to $3,508.00 All other terms and conditions of
the Lease shall remain in full force and effect
LESSEE: GLOBECOM, INC. LESSOR: LEASETEC SYSTEMS
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ---------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- -------------------------------
Title: Senior Vice President Title: Operation Manager
------------------------ ------------------------------
Date: 8/12/96 Date: 8/15/96
------------------------- -------------------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-01 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeCom, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Tern: 35 Months
2. Rental Payments: 35 Payments of $70.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: Last n/a Rental payments shall be delivered to
Lessor on the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 1400 VA UPS, Hot Swap, Replaceable Batteries, W/Smart Slot, Rackmountable
1 Lattis Hub Model 2803 16 port 10 BaseT Workgroup Hub
1 Standard 10 Plug Strip W/15" Cord
5 Cabinet Parts Solid Flat Shelf for 19 X 24 frame
1 Cabinet 70 x 19 X 24 frame for IBM Blue
Total: $2,218.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeCom, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- ----------------------------
Title: Senior Vice President Title: Operation Manager
------------------------ ---------------------------
LEASETEC SYSTEMS CREDIT
November 25, 1996
Globecomm, Inc.
▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇
Attn: Accounts Payable
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear Sir/Madam:
Your company has recently entered into a lease agreement with Leasetec Systems
Credit. Enclosed you will find the following:
1. Invoice for lease payments from the rental start date forward. All
payments are due in advance as set out in the lease agreement. All
payments should be remitted to:
Leasetec Systems Credit
▇.▇. ▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇
2. Copy of the System Schedule Agreement and the Delivery and Acceptance
Certificate.
The commencement date for this schedule is September 1, 1996; therefore, your
first invoice is for the rental period 09/O1/96-09/30/96. The remaining invoices
are for your regular monthly billing. All future monthly invoices will be billed
approximately 40-45 days prior to the due date.
I look forward to working with you in the future. If you have any questions,
please contact either myself at ext. 372 or ▇▇▇▇▇ ▇▇▇▇ at ext. 368.
Sincerely,
/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Customer Service Specialist
Enclosures
Leasetec Systems Credit, a division of Leasetec Corporation
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇) ▇▇▇▇▇
(▇▇▇) ▇▇▇-▇▇▇▇ Fax (▇▇▇) ▇▇▇-▇▇▇▇
LEASETEC SYSTEMS CREDIT
EXHIBIT B
DELIVERY AND ACCEPTANCE CERTIFICATE
MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20, 1996
SYSTEM SCHEDULE NO. L5340-01
Lessor: Leasetec Systems Credit Lessee: GlobeCom, Inc.
A Division of Leasetec Corporation ▇▇ ▇▇▇▇▇▇▇▇
▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Location of Equipment: Same
Lessee hereby acknowledges receipt and acceptance of the Equipment and Software
listed on the above referenced SYSTEM SCHEDULE and agrees the Equipment and
Software has been delivered and is ready for use under the terms of the above
referenced MASTER LEASE AGREEMENT.
LESSEE: GlobeComm, Inc.
BY: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇
--------------------------------------
NAME: ▇▇▇▇ ▇▇▇▇▇▇▇▇
------------------------------------
TITLE: VP Systems
-----------------------------------
RENTAL START DATE: September 1, 1996
Leasetec Systems Credit, a division of Leasetec Corporation
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
(▇▇▇) ▇▇▇-▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Fax (▇▇▇) ▇▇▇-▇▇▇▇
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-02 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE
20,1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Lease Start Date: 1/1/97
Installation Address: Same
Billing Address: Same
1. Rental Term: 48 Months
1. Rental Payments: 48 Payments of $1,580.00
each. payable monthly (X ) or quarterly ( ) (check
one) in advance
3. Real Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: First and n/a Rental payments that shall be
delivered to Lessor upon Equipment Acceptance
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description
Total Cost $65,242.34
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7.TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Coporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- ----------------------------
Title: President Title: Operation Mananger
------------------------ ---------------------------
DUPLICATE
EQUIPMENT LIST L5340-02
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
2 Sun Ultra Spare Processor Modules
1 Kingston 256 MB RAM ▇▇▇▇▇ for E3000
1 E3000 CPU Memory Board
1 Maint. Incr. for systems with a 2nd CPU mem. Bd.
3 Copies of Visual C++ workshop
1 C++ Maintenance License
2 SUN ▇▇▇▇▇ ▇▇ #S106-612-64-P95
1 Dual 60 MHZ Processors with 1 MB of cache each
2 64 MB RAM
2 2 GB Disk
1 Delivery charges
1 Phone System - Toshiba DK 280 Digital System
2 DKT 2010 SD Toshiba phones
1 DKT 2010 H Toshiba phones
1 PDKU
1 Replay Upgrade from 2 to 4 ports
6 DKT 2010 SD Toshiba phone
1 DKT 2010 H Toshiba phone
1 Labor & Installation
1 DK280 Medium System Common Control Unit
1 ACD Feature Option Key
1 4 CRKT L/S CO Line Interface Unit
1 4 CRKT L/S CO Line Interface Subassembly
1 Digital Announcer
1 Programming of System
1 System Cable Run + 3 Jacks
1 Expansion Cabinet
Total Cost: $65,242.34
Initialed By: ▇.▇.
-------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-03 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
Billing Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $2,060.00 each, payable monthly (X)
or quarterly ( ) (check one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: Last n/a Rental payments shall be delivered to
Lessor on the Rental Start Date.
5.System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment List
Total $88,514.20
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Coporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- ----------------------------
Title: Senior Vice President Title: Operation Mananger
------------------------ ---------------------------
ORIGINAL
EQUIPMENT LIST L5340-03 GLOBECOMM, INC.
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
1 Ultra Enterprise 3000: Server chassis, CPU Memory Board, 2 UltraSparc CPU
Mods, SBUS I/O board, 2.1 Internal F/W, 256 Memory Expansion Additional
Power cool
1 Ultra Enterprise 2 Model 1170, Base System, 167 Mhz, 64MB RAM, CDROM, 2.1
Gigabyte Internal
1 SPARCstorage ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇, ▇▇▇.▇ ▇▇ 7200 RPM Drives, 25MB Fibre
Channel OM
1 TGX/17" Monitor Head
1 3-Fast Ethernet SBUS
1 Spare TGX Board
1 Annual Silver Support, Enterprise 3000, Enterprise CPU/MEM Brd.
SPARCstorage
Array
1 Shipping
Total Cost: $88,514.20
Initialed By: GM
-----
ORIGINAL
Exhibit A
SYSTEM SCHEDULE NO. L5340-04 TO MASTER LEASE AGREEMENT NO. L5354 DATED JUNE 20,
1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
Billing Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $1,235.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: Last n/a Rental payments shall be delivered to
Lessor on the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment List
Total: $52,301.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Coporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- ----------------------------
Title: Senior Vice President Title: Operation Mananger
------------------------ ---------------------------
ORIGINAL
EQUIPMENT LIST L5340-04 GLOBECOMM, INC.
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
CISCO 7505
1 Cisco 7505 Base Chassis Unit
1 RSP 64 MB DRAM Upgrade
1 RSP 20 MB Flash Kit
1 Spare AC Power Supply
1 IOS 11.1.3 IP and VIP
1 1-Port FE 100BaseTX
CATALYST 5000
1 Catalyst 5000 Base Chassis Unit
1 Supervisory Engine
1 Power Supply
1 Redundant Power Supply
1 FE 100BaseTX Module-1
NETWORK MANAGEMENT ACCESSORIES
1 CiscoWorks Windows 2.0
1 Standard Router 11.1
1 7505 Hardware Install
1 7505 User Guide
1 Catalyst 5000 Config.
1 Catalyst 5000 Hardware
1 Catalyst 5000 User Guide
1 Catalyst 5000 Wiring
1 Special Order Docs
SUPPORT
1 Cisco 7505 SMARTnet
1 Catalyst 5001 SMARTnet
TOTAL COST: $52,301.00
INITIALED BY: GM
-----
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-05 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
Billing Address: Same
1. Rental Term: 36 Months
2. Rental Payments: 36 Payments of $1,218.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each mouth (X) or each quarter ( )
(check one)
4.Advance Rental Payment: Last n/a Rental payments shall be delivered to
Lessor on the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description
1 Oracle 7 Server License
1 New York Sales Tax
Total: $37,533.52
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): ( ) Fair Market Value
( ) 10% of Total Original Purchase Price
(X) $1.00
7.TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Coporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- ----------------------------
Title: Senior Vice President Title: Operation Mananger
------------------------ ---------------------------
DUPLICATE
LEASETEC SYSTEMS CREDIT
ADDENDUM TO SYSTEM SCHEDULE NUMBER L5340-05
BETWEEN
LEASETEC SYSTEMS CREDIT CORPORATION ("LESSOR")
AND GLOBECOMM, INC.
DATED JUNE 20, 1996
Any provisions of the Lease to the contrary notwithstanding, Lessor and Lessee
hereto amend said Lease Schedule Number as follows:
The total Equipment Cost is changed from $37,536.77 to $37,533.52. The monthly
lease payment is unchanged. All other terms and conditions of the Lease shall
remain in full force and effect.
LESSEE: GLOBECOMM, INC. LESSOR: LEASETEC SYSTEMS
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ----------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- --------------------------------
Title: President Title: Operation Manager
------------------------ -------------------------------
Date: 10/17/96 Date: 10/21/96
------------------------- --------------------------------
Leasetec Systems Credit, a division of Leasetec Corporation
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
(▇▇▇) ▇▇▇-▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Fax (▇▇▇) ▇▇▇-▇▇▇▇
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-06 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
Billing Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $242.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: Last n/a Rental payments shall be delivered to
Lessor on the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 Exabyte 8900 SLCD external with
terminator and 5C512 Cable
1 Presario 4704 P133
1 17" P17 .270P Flatscreen Pan
2 Etherlink III Parallel Task1
1 CTX P120 16/1.2 8XCD 14.4 Fax
2 8MB 2x32-70 72 pin nonparity
1 15" 15SX1 Sony .250P 1280x10
1 Sales Tax
Total: $9,644.50
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
------------------------- ----------------------------
Title: President Title: Operation Mananger
------------------------ ---------------------------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-07 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Lease Start Date: ▇▇▇▇▇ ▇, ▇▇▇▇
▇▇▇▇: 10%
Installation Address: Same
Billing Address: Same
1. Rental Term: 36 Months
2. Rental Payments: 36 Payments of $1,680.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: First and n/a Rental payments shall be delivered to
Lessor upon Equipment Acceptance
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 Oracle Software sale/leaseback invoice #M1227961
1 New York Sales Tax ($3,974.03)
Total Cost: $52,144.63
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): ( ) Fair Market Value
( ) 10% of Total Original Purchase Price
(X) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-08 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE
20,1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Lease Start Date: ▇▇▇▇▇ ▇, ▇▇▇▇
▇▇▇▇: 8 1/2%
Installation Address: Same
Billing Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $1,128.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: First and n/a Rental payments shall be delivered to
lessor upon Equipment Acceptance
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description
Total Cost $45,731.05
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7.TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DUPLICATE
GLOBECOMM, INC. EQUIPMENT LIST L5340-08
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
1 PC160 ATECH MT, 16, 1G, CD, 1V, 512K
1 Monitor 15" FCC OEM
1 LABTEC Speakers LCS-3210
1 32MB DIMM
1 Lattis Hub Model 2803 16 Port 10 BaseT Workgroup HUB W/AUI
4 Cabinet-Parts Solid Flat Shelf for 19 x 24 Frame
3 DKT 2010SD Telephone Add-On
3 Additional Jacks
1 Tape Drive Ditto 3200 Parallel Port Travan
4 3M Travan TR-3 Mini Data Cartridge
4 MEM PUSER SIMM 8 MB 2x32 60NS 72pin
1 Fast Ethernet Card
1 OPT TNT Disk 6*2GB/7200 FWSCSI
1 OPT Fibre Channel Optical Mod.
1 OPT SBUS Fibre Channel Adapter
1 2 Meter Fibre channel Cable
2 OPT INT Disk 2GB/7200 FWSCSI
1 P5/133 Gigabyte BestBuy (16MB, 256K) PCI Diamond Stealth 64 (2MB) D
1 P5/166 Professional MPEG (32MB, 512K) 8X
1 P5/166 M/M Hyper Speed (32MB, 512K) 8X
6 3rd Party 64MB SIMM
1 167MHZ UltraSparc 2 Module
4 64MB SIMM - ▇▇▇▇▇▇▇▇
▇ ▇▇▇▇▇ 10 base with 0 processor
3 Single Slot GX Buffer
3 16 inch Color monitor
3 sm50 SuperSparc Module
3 64 MB SIMM for a SS10
3 Seagate 1.05 GBYTE SCSI Disk
3 3 1/2 floppies
3 Type 5 Unix Keyboard
3 Sun 5 mouse
3 Type 5 mice pads
1 Cisco 4 port serial card
1 500 Ft. Teflon Cable
1 CSU - Carrier Service Unit ADC Kentrox D-Serv
1 Expansion Cabinet
1 Digital Station Interface Unit
2 Cable Runs w/3 RJ 11 off each
1 Programming
1 New York Sales Tax - $2,768.50
TOTAL COST: $45,731.05 Initialed By: ▇.▇.
--------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-09 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE
20,1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Lease Start Date: 6/1/97
Rate: 5.6%
Installation Address: Same
Billing Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $3,505.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each month (X) or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to lessor upon
Equipment Acceptance
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description
Total Cost $150,316.60
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7.TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
GlobeComm, Inc., Equipment List L5340-09
----------------------------------------
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
1 Server UE 4000 Base 2*PS
1 OPT INT CPU/MEM Bd for Enterprise
1 OPT INT BD for Enterprise
2 OPT Processor US 250MHZ/1MB
1 OPT Memory 256MB (8*32MB)
1 OPT INT Disk BD 4GB/7200 FWSCSI
1 OPT FIBRE Channel Optical Mod.
1 North American/Asia Power Cord Kit
1 Annual Support for Cabinet
1 Annual Support for ▇▇▇/▇▇▇▇▇▇ ▇▇▇▇▇
▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Base 1*PS
1 OPT INT CPU/MEM Bd. for Enterprise
1 Opt INT BD for Enterprise
2 Opt Processor US 250MHZ/1MB
1 Opt Memory 256MB (8*32MB)
2 Opt Int Disk 4.2GB/7200 FWSCSI
1 Opt Fibre Channel Optical Mod.
l North American/Asia Power Cord Kit
1 Annual Service for E3000 cabinet
1 Annual service for CPU Memory Board
2 Freight
Subtotal: $130,446.00
1 1400KVA Rackmount UPS w/Power Chute, Software and Smart Slot
1 Cabinet 70x19x24, Frame for IBM Blue
1 Standard 10 plug strip w/15 foot cord
2 Freight
Subtotal: $1,549.75
1 1 GBKit for E3000 8 128MB ▇▇▇▇▇
2 256 MB Kit for E3000 (8) 32MB ▇▇▇▇▇
1 Type 4 Mouse Pads
1 Freight
Subtotal: $18,320.85
Total Cost: $150,316.60
Initialed By: ▇.▇.
-----------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-l0 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Leasee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Lease Start Date: 6/1/97
Rate: 10 1/2%
Installation Address: Same
1. Rental Term: 36 Months
2. Rental Payments: 36 Payments of $1,690.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each month (X) or each
quarter ( ) (check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor
upon Equipment Acceptance.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 Oracle 7 Server License
1 New York Sales Tax ($3,974.03)
Total Cost: $52,144.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): ( ) Fair Market Value
( ) 10% of Total Original Purchase Price
(X) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-11 TO MASTER LEASE AGREEMENT NO. L5340 DATED
JUNE 20, 1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Leasee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 36 Months
2. Rental Payments: 36 Payments of $1,690.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each month (X) or each
quarterly ( ) (check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor
upon the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 Oracle Software - Sale Leaseback invoice #G11003
1 New York Sales Tax ($3,974.03)
Total Cost: $52,144.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): ( ) Fair Market Value
( ) 10% of Total Original Purchase Price
(X) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-12 TO MASTER LEASE AGREEMENT NO. L5340 DATED
JUNE 20, 1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Leasee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $2,745.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each month (X) or each
quarter ( ) (check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor
upon the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description - Sale Leaseback
Total Cost: $110,579.62
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
August 27, 1997
Leasetec Systems Credit
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇▇▇
GlobeComm, Inc.
▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇▇▇▇:
The following is a listing of equipment we would like to put under lease:
1 Vendor-APS Technologies
-----------------------
▇▇▇▇▇▇, DOS-2, SR2, EXPWR, *Recert
▇▇▇▇▇▇, DOS-2, EXPWR, ASM, *Recert
ACC Kit. Dat. Tape, Ext, W/SW, MAC
CP.PWR Supply 512 Jager Micro
Warranty, 2 year $579.95
Cable, 25x50 SCSI 2FT.
Cable, 25x50 SCSI 2FT. $8.95
Special, 3pk Sony 120m Dat Tape $49.95
TAPE, 120M DDS 2 DAT, SONY
Cleaner, Dat head, Maxell $12.95
Shipping $31.43
2 Vendor-Power Computing
----------------------
PCP210NT/16X/1MC/32MB/4GBAV/4MB,VR $2,988.00
MONITOR 17" PCC OEM $629.00
3 Vendor-MacWarehouse
-------------------
32MB DIMM-80NS(166 PIN) $380.00
ADOBE Photoshop 4.0 Upgrade F/MAC CD-ROM $149.95
Shipping $3.00
4 Vendor-Teledynamics
-------------------
Cable $125.00
Expansion Card $265.00
8 2010-H
3 PDKU extensions
Base Cable
Extension Cable
Power Supply
1 M-Block
1 Caddy Fastener
2 C.O. Cords
Programming $1,000.00
CA8CK $495.00
Tax $155.51
5 Vendor-Milkyway Networks
------------------------
Entry level Black Hole $4,615.00
10/5 First-Line Maintenance $1,066.00
Shipping $47.03
6 Vendor-Digital Network Associates, Inc.
---------------------------------------
VIP2-20 Versatile interface Processor 2, model $8,640.00
Shipping $35.86
7 Vendor-Anixter
--------------
Allied Telesyn 4 Port 10 Base-T, Micro-repeater,
1 AUI & 4 RJ45 Int. PWR Sup, VA*22 $432.00
Cabinet-parts solid flat shelf for 19 x 24 Frame $168.00
Cabinet-parts solid flat shelf for 19 x 24 Frame $188.00
1400VA Rackmount UPS w/powerchute plus
software & smart slot $775.00
Cabinet-70 x 19 x 24 Frame for IBM Blue w/
Front Trim & 4 shelf rails $515.00
Standard 10 plug strip w/ 15' cord $63.00
Sales Tax $196.70
Shipping $251.15
8 Vendor-Digital Network Associates, Inc.
---------------------------------------
1 Fast Ethernet port $2,880.00
VIP 4 Port 10 Base port Adapter $3,195.00
Catalyst 5000 12 10/100base-t, switching mod KJ45 $7,196.00
Shipping $75.00
Sales Tax $1,101.05
9 Vendor-Interactive Futures, Inc.
--------------------------------
2 OPT Int Dsk 6*4.2GB/7200 FWSCS $12,876.00
2 OPT Int Dsk 4.2GB/7200 FWSCSI $2,146.00
3 WSCC4.2 SP S1-UC ** Computer upgrade $830.00
1 OPT SBUS FSCSI ETHER(FSBE/S) $810.30
1 OPT SBUS FSCSI ETHERNET Controller $298.00
3 OPT FIBRE CHANNEL OPTICAL MOD $1,332.00
2 METER FIBRE CHANNEL CABLE $330.00
Shipping $235.00
Sales Tax $1,519.88
10 Vendor-▇▇▇▇▇▇▇
--------------
26M BTU Spot Cooler $4,241.75
Warm Air Flange $69.35
2' X 10' Duct $118.75
Portable Humidifier $161.50
Replacement Air Filter $9.91
Pump Kit $133.67
Sales Tax $390.63
11 Vendor-Computer Connection Of GNY, Inc.
---------------------------------------
2 Single Slot GX Buffer $750.00
1 Rack Mount Accessories Kit $150.00
3 Single Slot GX Buffer $1,050.00
Model 112 Storage Array $11,500.00
1 Sparc ten base w no processor
1 Single Slot GX Buffer
1 16" Color Monitor
1 sm61 SuperSparc Mod cpu-2360, cpu-2362, cpu-2707
2 3rd Party 64MB simm
1 2GB Baracude Seagate
1 type 5 keyboard
1 sun 5 mouse
1 type 5 mice pad
1 cable $3,645.00
Shipping $275.00
Sales Tax $1,410.34
12 Vendor-Computer Connection Of CNY, Inc.
---------------------------------------
1 Sparc ten base w no processor
2 sm50 SuperSparc Mod ss20 opt 1170 siso cpu 2708
2 3rd party 64MB Simm
1 238 Baracude Seagate
engineering cost $3,120.00
1 Sparc ten base w no processor
1 Single Slot GX Buffer
1 16" Color monitor
1 SM50 Supersparc Mod. Sm20 opt 1170 also cpu-2708
4 16 MB Simm for a S520 siso mem-2479. mem-1785
1 1GB Hard Drive
1 Type 5 Keyboard
1 Type 5 Mechanical Mouse & Pad
engineering cost $2,125.00
2 Sparc ten base w no processor
2 Single Slot GX Buffer
2 Sm50 Supersparc Mod ss20 opt 1170 also cpu 2708
2 16" Color monitor also mon-1113, mon-1159
2 3rd party 64MB Simm
2 Type 5 Keyboard
2 Type 5 Mechanical Mouse & Pad
engineering cost $4,580.00
1 Sparc 5 110 Proc.
4 32Meg Simm for a S5
Type 5 Keyboard
Type 5 Mechanical Mouse & Pad
engineering cost
SEAGATE/▇▇▇▇▇▇ 2GBQC 7200 RPM $3,360.00
Shipping $215.00
Sales Tax $1,087.76
13 Vendor-Power Computing
----------------------
PCP210NT/16X/1MC/32MB/4GB/ZIP/4MBV $2,930.00
Monitor 17" PCC OEM $429.00
14 Vendor-Comtrade
---------------
Intel Pentium/200 MMX CPU System, w built in Math
coprocessor, dual cooling fans and heat sink
Award Flash BIOS, Triton 430VX Chipset w 4 PCI Slots,
3ISA Slots
512K Fast Pipeline ▇▇▇▇▇ Cache
32 MB EDO RAM 70ns, 72 pin ▇▇▇▇▇ Slots
4.3GB Quantum 12ms PCI Enhanced IDE Hard Drive
PCI Local Bus Enhanced IDE Hard Drive Controller
Mitsumi 1.44MB 3 1/2" Floppy Drive
16 x ▇▇▇ ▇▇▇▇ CD Rom Drive (1800kb/sec)
64 bit PCI Diamond Stealth 3D Graph (2MB EDO) Accelerator
17" MAG DX700T (Trinton CRT) Non-Interlaced, .26mm
PCI EtherExpress 10/100 Ethernet card (RJ 45)
Enhanced 104 key keyboard
Microsoft 400DPI High Resolution serial mouse
2 High Speed Serial, 1 Enhanced Parallel Ports
Microsoft Windows 95 installed w CD
Mid Tower Case w 7 Bays
One-Year on Site Service $5,550.00
Shipping $75.00
15 Vendor-Comtrade
---------------
Intel Pentium/166MMX CPU Sys, w built in Math coprocessor
dual cooling fans and heat sink
Award Flash BIOS, Triton 430VX Chipset w 4 PCI Slots,
3ISA Slots
512K Fast Pipeline ▇▇▇▇▇ Cache
32MB EDO RAM 70ns, 72 pin ▇▇▇▇▇ Slots
4.3GB Quantum 12ms PCI Enhanced IDE Hard Drive
PCI Local Bus Enhanced IDE Hard Drive Controller
Mitsumi 1.44MB 3 1/2" Floppy Drive
16x ▇▇▇ ▇▇▇▇ CD Rom Drive (1800kb/sec)
64 bit PCI Diamond Stealth 3D Graphics (2MB EDO) Acceler
PCI EtherExpress 10/100 Ethernet card (RJ45)
Enhanced 104 key keyboard
Microsoft Windows 95 installed w CD
Mid Tower Case w 7 bays
One-Year on Site Service $1,135.00
Shipping $85.00
16 Vendor-Misco
------------
Telco cable 4 PR LVL 6 Plenm $500.00
Shaxon single gang flush mount plate ivory $28.64
Shaxon Blank Insert-ivory $5.68
Shaxon Category 5 Snap-in Module insert $215.64
RJ-45 Round Cable 25' LEVL 5 $129.50
RJ-45 Round Cable 50' LEVL 5 $179.50
Shipping $42.25
17 Vendor-Teledynamics
-------------------
1 DKT 2020SD $225.00
3 DKT 2010SD $555.00
2 DKT 2010H $270.00
1 PDKU $365.00
6 System Jacks Run & Programming $850.00
Sales Tax $194.29
-------------
Total $110,579.62
Initialed By: JC
----------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-l3 TO MASTER LEASE AGREEMENT NO. L5340 DATED
JUNE 20, 1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $2,095.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each
quarter ( ) (check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor
on the Rental Start Date.
5. System Description:
QTY: Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description
Total Cost: $86,628.16
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only:
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
GlobeComm, Inc. Equipment List L5340-13
DUPLICATE
October 3, 1997
Leasetec Systems Credit
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇▇▇
GlobeComm, Inc.
▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇▇▇▇:
The following is a listing of equipment we would like to put under lease:
1 Vendor-Computer Connection Of GNY, Inc.
---------------------------------------
4 Ultra 2 Base Unit; Chassis, PS, CPU
▇-▇▇▇ ▇▇▇ Processor for Ultra 2
16-3rd Party 64MB Simm
Kingston
4-Seagate/▇▇▇▇▇▇ 2GBQC 7200 RPM
Engineering Cost $61,880.00
Sales Tax $5,105.10
Shipping $410.00
2 Vendor-Computer Connection Of GNY, Inc.
---------------------------------------
2-Sparc 5 110 PROC
4-32 ▇▇▇ ▇▇▇▇ for a S5
2-Seagate/▇▇▇▇▇▇ 2GBQC 7200 RPM
Engineering Cost $5,410.00
Sales Tax $446.33
Shipping $60.00
3 Vendor-Teledynamics
-------------------
2- 3PR 200 Ft. Voice Cable Run $300.00
6- RJ11C $60.00
Sales Tax $29.70
4 Vendor-Teledynamics
-------------------
Labor to move 4 telephones ext.'s and install 2 CPE TEL's $180.00
Sales Tax $14.85
5 Vendor-Misco America Inc.
-------------------------
15- Shaxon category 5 snap-in module insert 568B $89.85
Shipping $11.28
6 Vendor-Anixter
--------------
5- H3117-LC 163033 Snap-in module, 8Wx8PxllO
EIA T568B Category 5 use with H3106 Frames $156.00
Sales Tax $13.74
Shipping $10.60
7 Vendor-Anixter
--------------
3- USF 1918 DS 60808703-02 Cabinet-Parts Solid Flat
Shelf for 19x24 Frame $126.00
Sales Tax $10.40
8 Vendor-Anixter
--------------
5- H3108-PB 154210 Snap-in Patch Panel Frame Kit
includes, mounting brackets,NA1,NA2,NA3,NA4,NA5
5- H3117-LC 163033 Snap-in module, 8Wx8PxllO
EIA T568B Category 5 use with H3108 Frames $329.35
Sales Tax $30.52
Shipping $40.55
9 Vendor-Anixter
--------------
1- 2803 145377 Lattis Hub Model 2803 16 Port 10 Baset
Workgroup Hub with/AUI $655.00
Sales Tax $55.69
Additional Sales Tax $127.85
Shipping $20.00
10 Vendor-Anixter
--------------
3- E-4978-19-7 123445 Cabinet- 70x19x24 Frame
for IBM Blue with Front Trim & 4 shelf rails $1,545.00
3- C10031 125207 Standard 10 Plug strip w/15' cord $189.00
Shipping $90.00
Sales Tax $150.48
11 Vendor-Anixter
--------------
3-SU1400RMNET 185609 1400VA Rackmount UPS w/
powerchute plus software & smart slot NA1,NA2,NA3 $2,325.00
Shipping $205.23
Sales Tax $208.74
12 Vendor-Interactive Futures, Inc.
--------------------------------
1- Legato network edition 4.2.6 for 10 client systems $5,100.00
1- Annual Support for Legato Network software $552.00
Shipping $30.00
Sales Tax $466.29
12 Vendor-Interactive Futures, Inc.
--------------------------------
1-2 meter fibre channel cable $165.00
Sales Tax $13.61
shipping $15.00
--------------
Total $86,828.16
Sincerely,
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇▇▇
GlobeComm, Inc.
Please wire payment instead of check. Wiring instructions are as follows:
Account Title: GlobeComm, Inc.
Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇
▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇
Account No.: ▇▇▇▇▇▇▇▇
Bank ABA No: ▇▇▇▇▇▇▇▇▇
Bank: Citibank, N A
Bank Address: ▇ ▇▇▇▇▇▇▇▇ @ ▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇
(▇▇▇)▇▇▇-▇▇▇▇
Initialed By: ▇.▇.
----------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-l4 TO MASTER LEASE AGREEMENT NO. L5340 DATED
JUNE 20, 1996, BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $2,330.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each
quarter ( ) (check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor
on the Rental Start Date.
5. System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment Description
Total Cost: $94,943.47
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-14 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
GlobeComm, Inc. Equipment List L5340-14
DUPLICATE
November 13, 1997
Leasetec Systems Credit
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇▇▇
GlobeComm, Inc.
▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇▇▇▇:
The following is a listing of equipment we would like to put under lease:
1 Vendor-Computer Connection Of CNY, Inc.
1 enterprise 3000 with chassis, P/S, Power Cooling Mod,
CPU, SBUS I/O BD, and clock board
2 250MHZ processor for enterprise 4000 with 1MB cache
Engineering Cost $37,890.00
Sales Tax $3,125.93
Shipping $150.00
2 Vendor-Computer Connection Of CNY, Inc.
8 32MB ▇▇▇▇▇, 501-2653's 256MB to be installed
in E3000 $2,000.00
Sales Tax $165.00
3 Vendor-TeleDynamics
Relocation of six telephones to existing jacks $90.00
Sales Tax $7.43
4 Vendor-TeleDynamics
Create two voice mailboxes and re-program voicemail $90.00
for all phones except for three
Sales Tax $7.43
5 Vendor-TeleDynamics
2- Ten button handsfree digital telephone $250.00
1- Station digital interface unit, plus labor $365.00
Sales Tax $50.74
6 Vendor-Interactive Futures, Inc.
Resonate Dispatch Software and support for servers:
1- Scheduler Node $7,095.00
5- Server Node(2-4)
5- Server Node(2-4) $23,475.00
1- VIPs(3-10) $2,895.00
Qrtly- annual support on Model 112/114 $368.00
Shipping $25.00
Sales Tax $2,791.05
7 Vendor-Interactive Futures, Inc.
1-SOL 1.X Sidegrade CD DOC LI $300.00
Shipping $15.00
Sales Tax $24.75
Vendor-Interactive Futures, Inc.
12 OPT SBUS Fastethernet 2.0/SW $7,059.60
Shipping $200.00
Sales Tax $582.42
8 Vendor-Misco America Inc.
6- ▇▇▇▇▇ lite super 7 surge suppressor $93.00
15- Shaxon CAT. 5 UTP PATCH $58.50
10- Under desk draw $267.50
5- Mouse drawer $92.50
Shipping $119.08
9 Vendor-Misco America Inc.
10- Shaxon CAT. 5 UTP Patch Cable 7 Ft. Black $56.00
15- Shaxon CAT. 5 UTP Patch $129.00
Shipping $35.23
▇▇ ▇▇▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇ Inc.
1- 110 Replacement Blade $9.95
10- Shaxon Cat. 5 UTP Patch Cable 3Ft. Black $40.00
15- Shaxon Cat. 5 UTP Patch Cable 3Ft. Red $60.00
15- Shaxon Cat. 5 UTP Patch Cable 3Ft. Green $60.00
100- Telco cable 4 PR LVL 5 PLENM $30.00
Shipping $10.10
▇▇ ▇▇▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇ Inc.
19- Surface mount insert box 37.81
Shipping 25.85
▇▇ ▇▇▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇ Inc.
1- Shaxon surface mount insert box ivory 4 port $1.99
1- Punch down tool 110 $41.95
10- Shaxon single gang flush mount plate ivory $17.90
20- Shaxon category 5 snap-in module insert $119.80
30- Shaxon Blank Insert-Ivory $6.30
11- Shaxon surface mount insert box Ivory 4 Port $21.89
1000- Telco cable 4 PR LVL 5 PLENM $250.00
Shipping $61.91
13 Vendor-▇▇▇▇▇▇ Micro
1- Pentium II 440FX 233/3OOMHZ, ATX, 8slot MB $220.00
1- INTEL Pentium II-266MHZ w/5l2K MMX CPU $760.00
1- Pentium II 233/266MHZ CPU Cooling Fan Ball B. $11.10
2- 8 x 32-60ns 32MB Simm EDO 72 Pins w/o Parity $218.00
1- ATX Tower Case, 7 Bays 230W UL Power Supply $61.30
1- ESS 1868 sound card 16Bit PnP Full Duplex $14.60
1- Toshiba Int. XM6002 16X l25ms 256K IDE CD-ROM $72.50
▇- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 5.1GB lOms 256K 5400RPM IDE $330.00
1- Focus FK-6200S 104 Key w/Win 95 Key $17.60
1- 5Pin DIN-F to Mini 6Pin DIN-M K.B Adaptor(5C) $0.82
1- 2 Button PS/2 Mouse ZNIX OEM $7.15
1- Ethernet 32-Bit PCI Combo Coax/10BaseT Jumper $16.35
1- 8 Ohm 7 ▇▇▇▇▇ x 2 Amplified Computer Speaker $10.89
1- Gooseneck Condenser Microphone, Stickbackmount $3.81
1- Adjustable Stereo Headset w/microphone retail $5.41
1- Computer Service Tool Kit $7.07
Shipping $38.80
14 ▇- ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 9.1GB U-SCSI Hd Dr $1,200.00
1- Pentium Triton TX 90/266 512K ATX Form Size $106.00
2- 256 X 16-6Ons EDO SOJ DRAM $5.84
1- INTEL Pentium 200MHZ CPU w/MMX $260.00
1- ATX Tower Case, 7 Bays 250W UL Power Supply $59.00
2- 8 x 32-60ns 32 MB SIMM EDO 72 Pins w/o parity $200.00
1- Mitsumi int. FX600 6X IDE CD-ROM $45.70
▇- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 5.1GB 1Oms 256K 5400 RPM IDE $328.00
1- Focus FK-6200S 104 Key w/Win 95 Key $17.60
1- PCI 2MB Trident 9685 GUI MPEG 3-D 64 Bit PnP $30.00
2- 256 X l6-60ns EDO SOJ DRAM $5.84
1-2 Button PS/2 Mouse ZNIX OEM $6.50
1- ESS 1868 Sound Card 16 Bit PnP Full Duplex $13.80
1- Ethernet 32-Bit PCI Combo Coax/10BaseT Jumper $16.35
1- 8 Ohm 7 ▇▇▇▇▇ x 2 Amplified Computer Speaker $10.89
1- DB15 H.D. 2 Way Switch Box $5.36
2- 6Ft. DB15 H.D. M-M VGA Mid Cable w/Tms(14C) $2.74
1- 6 Ft. 5Pin DIN M-F keyboard Straight Cable(5C) $0.96
2- 6Ft. 6Pin Mini DIN M_F PS/2 K.B. Strght Cbl(6C) $2.32
1- Newpoint S75T 7 Outlet Surge RJ11 Per. Grade $18.60
2- 14Ft. UTP 4PR ▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇, ▇▇▇▇▇▇ $4.96
1- Mouse Pad-▇▇▇▇ Color $0.57
1- Pentium 75/233MHZ CPU Ball Bearing Cooler Fan $4.56
1- Cooling Fan for Tower Cases, UL CSA $2.09
1- Teac 3.5" 1.44M Floppy Drive Off-White Color $21.00
Shipping $112.78
Total $94,943.47
Initialed By: /s/ JC
------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-15 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm. Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $553.00
each, payable monthly (X) or quarterly ( ) (check
one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5. System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
3 1GB Kit for E3000 (▇) ▇▇▇▇▇ ▇▇▇▇▇
Total Cost: $22,470.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-15 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-16 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $387.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5. System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 Cisco HSSI Interface Processor
2 Cisco 2511 Routers
4 Octal Cable with Male DB25 Connectors
2 OPT INT Disk 2GB/7200 FWSCSI
2 Freight
Total Cost: $15,673.56
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-16 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By /s/ ▇▇▇▇ ▇▇▇▇▇▇ By:
----------------------------- -----------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name:
-------------------------- -----------------------------
Title: President Title
-------------------------- -----------------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-17 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $332.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5. System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
1 Best Power FE18K Ferrups UPS, 18KVA/15KW, 208 volts AC in,
208/120 volts AC out 60Hz
1 Break Before Make External Bypass Switch
1 Freight
Total Cost: $13,432.16
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-16 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
ADDENDUM TO SYSTEM SCHEDULE NUMBER L5430-17
BETWEEN
LEASETEC SYSTEMS CREDIT CORPORATION ("LESSOR")
AND GLOBECOMM, INC.
DATED JUNE 20, 1996
Any provisions of the Lease to the contrary notwithstanding, Lessor and Lessee
hereby amend said Lease Schedule Number as follows:
ADD THE FOLLOWING EQUIPMENT:
QTY Model/Description
--- -----------------
1 Installation of UPS and Bypass Switch
Total Cost: $3,810.40
The Total Cost is changed from $13,432.16 to $17,242.56. The monthly lease
payment is changed from $332.00 to $430.00. All other terms and conditions of
the Lease shall remain in full force and effect.
Lessee: Lessor:
GLOBECOMM, INC. LEASETEC SYSTEMS CREDIT
a division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DATE: 12/9/97 DATE: 12/10/97
-------------------------- -----------------------------
DUPLICATE
ADDENDUM TO SYSTEM SCHEDULE NUMBER L5340-18 BETWEEN
LEASETEC SYSTEMS CREDIT CORPORATION ("LESSOR")
AND GLOBECOMM, INC. DATED JUNE 20, 1996
Any provisions of the Lease to the contrary notwithstanding, Lessor and Lessee
hereby amend said Lease Schedule Number as follows:
Delete the following equipment:
3 Ultra2 Base Unit, Chassis, PS, CPU
6 200 Mhz Processor for Ultra2
12 128MB SIMM for Ultra
24 MEM-24803RDU
6 2.1 Gbyte low profile 7200 rpm FSCSI Quick connect
1 Freight
Total Cost: $58,985.00
The Total Cost is changed from $70,705.00 to $11,720.00. The monthly lease
payment is changed from $1,680.00 to $285.00. All other terms and conditions of
the Lease shall remain in full force and effect.
Lessee: Lessor:
GLOBECOMM, INC. LEASETEC SYSTEMS CREDIT
a division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DATE: 2/5/98 DATE: 2/06/98
-------------------------- -----------------------------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-18 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $1,680.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5.System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment List
Total Cost: $70,705.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-18 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DUPLICATE
GlobeComm, Inc. Equipment List L5340-18
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
3 Ultra2 Base Unit, Chassis, PS, CPU
6 200 MHZ Processor for Ultra2
12 128MB SIMM for Ultra
24 MEM-24803RDU
6 2.1Gbyte low profile 7200 rpm FSCSI Quick Connect
14 128MB Kit for an E450(2) 64MB Kingston ▇▇▇▇▇
2 Freight
Total Cost: $70,705.00
Initialed By: /s/ ▇.▇.
----------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-19 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $1,240.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5. System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment List
Total Cost: $52,098.94
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-19 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
GlobeComm, Inc. Equipment List L5340-19
QTY MODEL/VERSION/DESCRIPTION
--- -------------------------
1 Server E450 250MHZ/256MB 4GB
1 OPT 250MHZ CPU W/1MB for E400
2 KTTS7001/.128
2 KTS7001/256
1 Solaris 2.X SV Media Kit CD 2.6
1 Annual Maintenance
1 Freight
2 Kingston KTS3001/256 memory for E450
1 Freight
Subtotal: $32,618.94
2 Sun ▇▇▇▇▇ ▇▇ Model #S20S-T125-128-P95
2 Sun ▇▇▇▇▇ ▇▇ Model #S20S-T125-256-P98
Subtotal: $19,480.00
Total Cost. $52,098.94
Initialed By: /s/ ▇.▇.
-----------
ORIGINAL
ADDENDUM TO SYSTEM SCHEDULE NUMBER L5340-19 BETWEEN
LEASETEC SYSTEMS CREDIT CORPORATION ("LESSOR")
AND GLOBECOMM, INC. DATED JUNE 20, 1996
Any provisions of the Lease to the contrary notwithstanding, Lessor and Lessee
hereby amend said Lease Schedule Number as follows:
Add the following equipment:
----------------------------
5 4.2GB disk for Ultra 2
5 9GB disk for Ultra2
10 Disk bracket for Ultra 2
Total Cost: $8,275.00
The Total Cost is changed from $52,098.94 to $60,373.94. The monthly lease
payment is changed from $1,240 to $1,435.00. All other terms and conditions of
the Lease shall remain in full force and effect.
Lessee: Lessor:
GLOBECOMM, INC. LEASETEC SYSTEMS CREDIT
a division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DATE: 2/18/98 DATE: 2/19/98
-------------------------- -----------------------------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-20 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $638.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5.System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
See Attached Equipment List
Total Cost: $25,717.47
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-20 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
ORIGINAL
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-21 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: GlobeComm, Inc. (herein called "Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $1,150.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5.System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
2 Server E450 250MHZ/256MB 4GB
2 OPT 250 MHZ CPU W/1MB for E400
12 Third Party 128MB Memory Expansion P/N KTS7001/128
2 North American/Asia PWR CRD KIT
2 Solaris 2.6 US SV Media Kit
1 Freight
Total Cost: $48,534.00
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-21 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. [Illegible]
----------------------------- --------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. [Illegible]
--------------------------- ------------------------------
Title: President Title: Operations Manager
-------------------------- -----------------------------
DUPLICATE
Exhibit A
SYSTEM SCHEDULE
SYSTEM SCHEDULE NO. L5340-22 TO MASTER LEASE AGREEMENT NO. L5340 DATED JUNE 20,
1996 BETWEEN THE UNDERSIGNED PARTIES.
Lessor: Leasetec Corporation, Leasetec Systems Credit
division (herein called "Lessor")
Address: ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Lessee: iName, Inc. f/k/a GlobeComm, Inc. (herein called
"Lessee")
Business Address: ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Installation Address: Same
1. Rental Term: 48 Months
2. Rental Payments: 48 Payments of $6,013.00
each, payable monthly (X) or quarterly ( )
(check one) in advance
3. Rental Payment Dates: First day of each (X) month or each quarter ( )
(check one)
4. Advance Rental Payments: First payment shall be delivered to Lessor on the
Rental Start Date.
5.System Description:
QTY. Model/Version/Description Original Purchase Price
---- ------------------------- -----------------------
Sale/leaseback per the attached invoices: #0014193-IN, 0014176-IN, 0014332-IN,
0014288-IN, 0014343-IN, 0014166-IN,0013940-IN, 0013916-IN, 0013941-IN,
0014202-IN, 0014488-IN, 0014376-IN, 0014404-IN, 0014353-IN, 284458, 284297,
0014657-IN, 0014613-IN, 0014628-IN, 0014616-IN
Total Cost: $250,129.46
--------------------------------------------------------------------------------
6. Purchase Option Price (check one): (X) Fair Market Value
( ) 10% of Total Original Purchase Price
( ) $1.00
7. TERMS AND CONDITIONS: The terms and conditions of the above-referenced Master
Lease Agreement are incorporated herein. In addition, the following attachments
apply to this System Schedule only: This System Schedule L5340-22 is not covered
by the Personal Guaranty of ▇▇▇▇▇▇ ▇▇▇▇▇▇.
LESSEE: iName, Inc. f/k/a GlobeComm, Inc. LESSOR: Leasetec Systems Credit
A Division of Leasetec Corporation
By /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ By /s/ ▇▇▇▇▇▇▇ ▇. Megihan
----------------------------- -------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. Megihan
--------------------------- ------------------------------
Title: CFO Title: Operations Mgr.
-------------------------- -----------------------------