Xerox Financial Services LLC
201 Mertitt 7 Lease Agreement
Norwalk, CT 06851
Supplier Name & Address: Conway Technology Group, A Xerox Company 10 Capitol St. Nashua, NH 03063
XEROX FINANCIAL SERVICES LLC - 201 Merritt 7, Norwalk, CT 06851
ne cnr foe CUSTOMER INFORMATION : os Jo Py
Full Legal Name: NASHUA, CITY OF (INC} Phone: 603-589-3183
Owner: Agreement Number:
Billing Address: 229 Main St. Contact Name:
City: Nashua State: NH Zip Cade: 03060 Contact Email:
Quantity | Model and Description _ - Quantity | Model and Description
2 Xerox AltaLink C8145 1 Xerox VersaLink B7030
i Xerox AltaLink C8170
4 Xerox VersaLink C7030
Equipment Location (if different from Billing Address):
. we t eque e etal B noted welt a OPTIO p othe e noted
Initial Term: 60 Lease Payment (plus applicable taxes}: S 592.94 m Fair Market Value Purchase Option (“FMV”)
{in months) Frequency: Monthly CL) Quarterly CO Annually (© $1 Purchase Option
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BY YOUR SIGNATURE BELOW, YOU ACKNOWLEDGE THAT YOU ARE ENTERING INTO A NON-CANCELLABLE AGREEMENT AND THAT YOU HAVE READ AND AGREED TO ALL
APPLICABLE TERMS AND CONDITIONS SET FORTH ON PAGES 1 AND 2 HEREOF.
Authorized Signer X: Date: Federal Tax ID # (Required):
Print Name: Title:
oo eae Cea ea
Accepted By: Xerox Financial Services LLC Name and Title:
: Eee ee), Ce Se :. :
1, Definitions. The words “you” and “your” mean the iegal entity identified in “Customer Information” above, and “XFS,” “we,” “us”, “Owner” and “our” mean Xerox Financial Services LLC.
“Party” means you or XFS, and “Parties” means both you and XFS. “Supplier” means the entity identified as “Supplier” above. “Acceptance Date” means the date you irrevocably determine
Equipment has been delivered, installed and operating satisfactorily. “Agreement” means this Lease Agreement, including any attached Equipment schedule. “Commencement Date” will be
a date after the Acceptance Date, as set forth in our first invoice, for the purpose of facilitating an orderly transition and to provide a uniform billing cycle. “Discount Rate” means 3% per
annum. “Equipment” means the iterns identified in “Equipment” above and in any attached Equipment schedule, plus any Software {as defined in Section 3 hereof}, attachments, accessories,
replacements, replacement parts, substitutions, additians and repairs thereta. “Payment” means the Lease Payment specified above, Taxes and other charges you, Supplier and XFS agree will
be invoiced by XFS. “Maintenance Agreement” means a Separate agreement between you and Supplier for maintenance and support purposes. “Term” means the Interim Period, if any,
together with the Initial Term plus any subsequent renewal or extension terms. “UCC” means the Uniform Commercial Code of the State(s) where XFS must file UCC-1 financing statements
to perfect its security interest in the Equipment.
2. Lease, Payments and Late Payments. You agree and represent all Equipment was selected, configured and negotiated by you based upon your own judgment and has been, or is being,
supplied by Dealer, At your request, XFS has acquired, or will acquire, the same to lease to you under this Lease and you agree to lease the samme from XFS. The Initial Lease Term, which is
indicated above, commences on the Inception Date. You agree to pay XFS the first Lease Payment 45 days after the Commencement Date; each subsequent Lease Payment shall be payable
on the same date of each month thereatter. Payment of other amounts payable under this Lease, which may include charges you, Dealer and we agree wil! be invoiced by us, is due 45 days
after the invoice date therefor. if any payment is not paid in full within 10 days after its due date, you will pay a late charge of the greater of 3% of the amount due or $25, not to exceed
the maximum amount permitted by law. For each dishonored or returned payment, you will be assessed the applicable returned item fee, which shall not exceed $35. Restrictive covenants
on any method of payment will be ineffective.
3. Equipment and Software. To the extent that Equipment includes intangible property oy associated services such as software licenses, such intangible property shall be referred to as
“Software.” You acknowledge and agree that XFS is not the licensor of such Software, and therefore has no right, title or interest in it, and you will comply throughout the Term with any
license and/or other agreement (‘Software License”) with the supptier of the Software {“Software Supplier’), You are responsible for determining with the Supplier whether any Software
Licenses are required, and entering into them with Software Supplier(s) no Jater than 30 days after the Acceptance Date. YOU AGREE THE EQUIPMENT [5S FOR YOUR LAWFUL BUSINESS USE
IN THE UNITED STATES, WILL NOT BE USED FOR PERSONAL, HOUSEHOLD OR FAMILY PURPOSES, AND IS NOT BEING ACQUIRED FOR RESALE. You will not attach the Equipment as a fixture
to real estate or make any permanent alterations to it.
4, Non-Canceliable Agreement. EXCEPT AS PROVIDED IN SECTION 20 HEREOF, THIS AGREEMENT CANNOT BE CANCELLED OR TERMINATED BY YOU PRIOR TO THE END OF THE INITIAL TERM.
YOUR OBLIGATION TO MAKE ALL PAYMENTS IS ABSOLUTE AND UNCONDITIONAL AND NOT SUBJECT TO DELAY, REDUCTION, SET-OFF, DEFENSE, COUNTERCLAIM OR RECOUPMENT FOR
ANY REASON WHATSOEVER, IRRESPECTIVE OF THE PERFORMANCE OF THE EQUIPMENT, SUPPLIER, ANY THIRD PARTY OR XFS. Any pursued claim by you against XFS for alleged breach of
our obligations hereunder shall be asserted solely in a separate action; provided, however, that your obligations hereunder shall continue unabated.
5. End of Agreement Options. if a $1 Purchase Option is designated, you will be deemed to have exercised your option to purchase the Equipment as of the Acceptance Date. If an FMV
purchase option is designated, if you are not in default and if you provide no greater than 150 days and no less than 60 days’ prior written notice to XFS, you may, at the énd of the Initial Term
or any renewal term ("End Date”}, either (a) purchase all, but not less than all, of the Equipment by paying its fair market value, as determined by XFS in its sole but reasonable discretion
("Determined FMV"}, plus Taxes, or (b) return the Equipment within 30 days of the End Date, at your expense, fully insured, to a continental US location XFS shall specify. You cannot return
Equipment more than 30 days prior to the End Date without our consent. If we consent, we may charge you, in addition to all undiscounted amounts due hereunder, an early termination fee.
if you have not elected one of the above options, this Agreement shall renew for successive 1-month terms. Either party may terminate the Agreement as of the end of any 1-month renewal
term on 30 days' prior written notice and by taking one of the actions identified in (a) or (b} in the preceding sentence of this section. Any FMY purchase option shall be exercised with respect
to each item of Equipment on the day immediately following the date of expiration of the Term of such item, and by the delivery at such time by you to XFS of payment, in form acceptable
to XFS, of the amount of the applicable purchase price. Upon payment of the applicable amount, XFS shall transfer our interest in the Equipment to you on an “AS 1S, WHERE tS,” “WITH ALL
FAULTS” basis, without representation or warranty of any kind.
6. Equipment Delivery and Maintenance. You should arrange with Supplier to have the Equipment delivered to you at the location(s) specified herein, and you agree to execute a Delivery &
Acceptance Certificate at XF5’s request (and confirm same via telephone and/or electronically) confirming when you have received, inspected and irrevocably accepted the Equipment, and
authorize XFS to fund the Suppiier for the Equipment. If you fail to accept the Equipment, you shall no longer have any obligations hereunder; however, you remain liable for an
