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Lease Number: 06544
<br />Equipment Schedule: O1
<br />PAYMENT SCHEDULE
<br />The Funding Date with respect to the above referenced Equipment Group shall be March 19, 2008. Lessor shall retain any
<br />interest accruing between the Funding Date and the closing date. The Annual Interest Rate applicable to the Equipment Group shall be
<br />2.96%. Lessee will make Rental Payments each consisting of Principal and Interest as set forth below for a term of 5 years. The first
<br />Rental Payment is due on September 19, 2008 and subsequent payments are due semi-annually on like date thereafter.
<br />Payment Payment Payment Principal Interest Prepayment
<br />Number Date Amount Component Component Price*
<br />1 9/19/2008 549,070.63 474,049.42 75,021.21 4,732,799.10
<br />2 3/19/2009 549,070.63 481,065.36 68,005.27 4,237,301.78
<br />3 9/19/2009 549,070.63 488,185.12 60,885.51 3,734,471.10
<br />4 3/19/2010 549,070.63 495,410.26 53,660.37 3,224,198.52
<br />5 9/19/2010 549,070.63 502,742.34 46,328.29 2,706,373.93
<br />6 3/19/2011 549,070.63 510,182.92 38,887.71 2,180,885.51
<br />7 9/19/2011 549,070.63 517,733.63 31,337.00 1,647,619.87
<br />8 3/19/2012 549,070.63 525,396.09 23,674.54 1,106,461.90
<br />9 9/19/2012 549,070.63 533,171.95 15,898.68 557,294.79
<br />10 3/19/2013 549,070.63 541,062.90 8,007.73 0.00
<br /> TOTAL 5,490,706.30 5,069,000.00 421,706.30
<br />CITY OF SANTA ANA,
<br />Lessee
<br />By:~~~~ L~~ ~ . ~`
<br />Name: Francisco Gutierrez
<br />Title: Executive Director of Finance
<br />Date: ~~ ~ ~o fC
<br />* After payment of Rental Payment due on such date.
<br />This is counterpart No. 3 of3 serially numbered, manually executed counterparts
<br />of this docwnent. To the extent that this Lease Agreement constitutes chattel paper
<br />under the Uniform Commercial Code, a security interest m this Lease Agreement
<br />may be created through the transfer and possession of Counterpart No. 1 only,
<br />without the need to transfer possession of any other original or counterpart or copy
<br />of this Lease Agreement or any original or counterpart or copy of any exhibits,
<br />addenda, schedules, certificates, riders or other documents and instruments executed
<br />and delivered in connection with this Lease Agreement.
<br />14
<br />3/1 S/2008:NBQ-ESC.DOC/rev.01lOSsdc
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