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SUPPLIER 4W <br />C <br />MINOLTA BUSINESS SYSTEMS <br />Salesperson Lyo t.1 P E'RW S 1 Phone (9* *47 t- 0200 a <br />EQUIPMENT s <br />DESCRIPTION QUANTITY MODEL NO. EQUIPMENT <br />M <br />ift 1+4 d n Q D i 620 C-0 4,y <br />EQUIPMENT LOCATION, IF OTHER THAN BILUNG ADDRESS OF LESSEE <br />TERMS AND CONDITIONS <br />The words YOU and YOUR mean the Lessee. The words WE, US, and OUR refer to the Lessor <br />indicated on reverse. <br />1. RENTAL ("AGREEMENT"): We agree to rent to you and you agree to rent from us the equipment <br />listed above ("Equipment"). You promise to pay us the rental payment according to the payment <br />schedule shown above. The parties intend this Agreement to be a finance lease under Article 2A <br />of the Uniform Commercial Code. <br />2. TERM AND LEASE: The initial term shall commence on the day that any of the Equipment is <br />delivered to you ("the Commencement Date"). The installments of rent shall be payable in <br />advance, at the time and in the amounts provided above, commencing on the Commencement <br />Date and subsequent payments shall be due on the same date of each successive period thereafter <br />until all rent and any additional rent or expenses chargeable under this Agreement shall have <br />been paid in full. Lessee obligation to pay the rent and other obligations hereunder shall be <br />absolute and unconditional and are not subject to any abatement, set-off, defense or counter- <br />claim for any reason whatsoever. <br />3. NO WARRANTIES: We are renting the Equipment to you "AS IS'. WE MAKE NO WARRANTIES, <br />EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, OR FITNESS FOR A <br />PARTICULAR PURPOSE IN CONNECTION WITH THIS AGREEMENT. We transfer to you for the <br />term of this Agreement any warranties made by manufacturer or supplier to us. NEITHER <br />SUPPLIER NOR ANY AGENT OF SUPPLIER IS AN AGENT OF LESSOR OR IS AUTHORIZED TO <br />WAIVE OR MODIFY ANY TERM OR CONDITION OF THIS AGREEMENT. <br />AGREEMENT N0. <br />TERM AND RENT s <br />INITIAL TERM (oG MONTHS <br />MONTHLY <br />RENTAL53 S. G Z <br />PAYMENT $ <br />ADVANCE PAYMENT $ <br />PLUS APPLICABLE TAXES <br />(TO BE APPLIED AS SECURITY DEPOSIT UNLESS <br />OTHERWISE STATED.) <br />0 OTHER <br />(CHECK MUST ACCOMPANY LEASE) <br />LESSEE s <br />C 1 Ty of cat Totj <br />LESSEE (FULL LEGAL NAME) <br />b 5o ( L c;, C G d�,n �, 0 -z - <br />BILLING ADDRESS <br />C01*0 V% <br />CITY STATE ZIP <br />PHONE NO. 6j) 3 %a - SQ Sf 7 DATED 4-30"(6— <br />THIS <br />—.30"46— <br />THIS AGREEMENT IS NOT CANCELABLE <br />X_ <br />AUTHORIZED SIGNATURE TITLE <br />PRINT NAME <br />THE TERMS AND CONDITIONS PRINTED ON <br />THE REVERSE SIDE ARE MADE A PART HEREOF <br />GUARANTY <br />To induce Lessor to enter into the within Rental Agreement, the undersigned (jointly and severally, I more than one) unconditionally guarantees to lessor the prompt payment when due of all Lessee's obli <br />to Lessorl§eLthe Lease including without limitation every rental installment, the accelerated balance of rents, administrative charges, collection charges and interest Lessor shall not be required to nst <br />Lessee or Eq or to enforce any of its other remedies before proceeding against the undersigned. The undersigned agrees to pay all reasonable attorneys fees, court costs and 0th ses incurred <br />by Lessor by reason efauR by Lessee. The undersigned waives notice of acceptance hereof and all the other notices or demands of any kind to which the undersigned may except demand for <br />payment. The undersign_e NNIZ to any extensions of time or modification of amount of payment granted to Lessee and the release and/or compromise of any obligation ee or any other obligors and/ <br />or guarantors without in any way re the undersigned's obligations hereunder. This is a continuing Guaranty and shall not be discharged or affected by your ad 'OvIll representatives, successors and <br />assigns. Guarantor waives any right of suOITIVQn, indemnity, reimbursement and contribution by Lessee. This Guaranty shall continue to be effective orIWIlliloWas applicable. N at any time payment of any <br />part of the obligations under the Lease AgreemenrMftf&nded or otherwise required to be returned by Lessor upon the insolvency, bankruptcy or T on of Lessee or upon the appointment of a receiver, <br />trustee or similar officer for Lessee or its assets, all as tho h payment to Lessor had not been made, regardless of whether Lessor co a order requiring the return of such payment. This Guaranty <br />maybe enforced by or the benefit of any assignee or success ssor Notting shall discharge or satisfy the undersigned s f cept the full performance and payment of all the Lessee's obligations <br />to Lessor, with interest. THE UNDERSIGNED CONSENTS TO THE PER URISDICTION OF THE COURTS OF THE STA JERSEY WITH RESPECT TO ANY ACT10N ARISING OUT OF ANY LEASE, <br />GUARANTY, SETTLEMENT AGREEMENT, PROMISSORY NOTE OR OTHER ACM DATION OR AGREEMENT Va$tTSSOR. THIS MEANS THAT ANY LEGAL ACTION FILED AGAINST THE LESSEE AND/ <br />OR GUARANTORS MAY BE FILED IN NEW JERSEY AND THAT LESSEE ANDlOR AN GUARANT BE REQUIRED TO DEFEND AND LITIGATE ANY SUCH ACTION IN NEW JERSEY Lessee <br />and all Guarantors agree that service of process by certified mail, return receipt requested, shat a equivalent of personal service in any such action. Any legal action concerning this Agreement shall <br />be governed by and construed according to the laws of the State of New Jersey. <br />�_4 <br />WITNESS SIGNATURE <br />PRINT NAME <br />X <br />WITN ATURE <br />PRINT NAME <br />1:1 <br />DATE GUARANTOR SIU11144E <br />PRINT NAME <br />X <br />DATE GUARANTOR SIGNATURE <br />PRINT NAME <br />LEASE ORIGINAL <br />INDIVIDUALLY <br />DATE <br />INDIVIDUALLY <br />DA <br />FORM 99R-1 <br />