AGREEMENT TO LEASE EQUIPMENT
THIS
AGREEMENT TO LEASE EQUIPMENT ("Lease") is made on September 4,
2009, and effective as of September 1, 2009, by and
between Crystal Management Ltd., as agent for those certain investors parties to
the Convertible Secured Subordinated Note Purchase Agreement, dated as of
November 14, 2007, as amended (such agent, acting on behalf of those investors,
referred to herein as "Lessor"), and Smart Online, Inc., a Delaware
corporation ("Lessee").
Lessor
desires to lease to Lessee, and Lessee desires to lease from Lessor, certain
tangible personal property.
NOW,
THEREFORE, in consideration of the mutual covenants and promises hereinafter set
forth, the parties hereto agree as follows:
1. Lease.
Lessor
hereby leases to Lessee, and Lessee hereby leases from Lessor, the equipment and
other personal property described on Schedule 1 annexed
hereto (the "Equipment").
2. Term.
The term
of this Lease (the “Term”) shall commence effective as of September
1, 2009 and shall expire on August 31, 2019; provided, however, that,
notwithstanding the foregoing, either party may terminate this Lease upon not
less than sixty (60) days prior written notice to the other party, subject to
the payment provisions in Section 3(B) hereof relating to such early
termination.
3. Rent
Payments.
A. The
monthly rent for the Equipment shall be paid in advance in installments of
$2,426.55 each
month, beginning on September _, 2009, and on the first day
of each succeeding month throughout the term hereof, at such place as Lessor may
designate from time to time. Any installment payment not made by the tenth
(10th) day of the month shall be considered overdue and in addition to Lessor's
other remedies, Lessor may levy a late payment charge equal to one percent (1%)
per month on any overdue amount. Rent for any partial month shall be
prorated.
B. In
the event that this Lease is terminated prior to the expiration of the Term (i)
by Lessor on account of Lessee’s uncured or unwaived default, or (ii) by Lessee
upon written notice to Lessor under Section 2 above, then Lessee shall pay to
Lessor, within thirty (30) days of such termination, an amount (the “Stipulated
Loss Value”) equal to the total of (1) all accrued and unpaid monthly rent
payments and other amounts due and payable to Lessor through the date of
termination, plus (2) the present value of all future monthly rent payments to
be paid over the remaining original Term, discounted at the annual rate of 8%,
in consideration for which title to the Equipment shall be conveyed by Lessor to
Lessee, free and clear of liens.
1
C. In
the event that this Lease is terminated prior to the expiration of the Term by
Lessor upon written notice to Lessee under Section 2 above, then Lessee’s
obligations hereunder, other than obligations for accrued and unpaid
monthly rent payments and other amounts due and payable to Lessor through the
date of termination, shall terminate as of the date of such
termination.
4. Use.
Lessee
shall use the Equipment in a careful and proper manner and shall comply with and
conform to all national, state, municipal, police and other laws, ordinances and
regulations in any way relating to the possession, use or maintenance of the
Equipment.
5. Right to
Lease.
LESSOR
WARRANTS THAT LESSOR HAS THE RIGHT TO LEASE THE EQUIPMENT, AS PROVIDED IN THIS
LEASE.
6. Repairs.
Lessee,
at its own cost and expense, shall keep the Equipment in good repair, condition
and working order and shall furnish any and all parts, mechanisms and devices
required to keep the Equipment in good mechanical working order.
7. Loss and
Damage.
A. Lessee
hereby assumes and shall bear the entire risk of loss and damage to the
Equipment from any and every cause whatsoever. No loss or damage to the
Equipment or any part thereof shall impair any obligation of Lessee under this
Lease which shall continue in full force and effect through the term of the
Lease.
B. In the
event of loss or damage of any kind whatever to the Equipment other than loss or
damage to all or substantially all of the Equipment, Lessee shall, at Lessor's
option:
(i) Place
the same in good repair, condition and working order; or
(ii)
Replace the same with like equipment in good repair, condition and working
order.
C. In the
event that all or substantially all of the Equipment is lost or damaged, Lessee
shall pay to Lessor an amount equal to (1) the Stipulated Loss Value of the
Equipment, less (ii) any insurance proceeds payable to Lessor with respect
thereto.
2
8. Surrender.
Upon the
expiration or earlier termination of this Lease, Lessee shall return the
Equipment to Lessor in good repair, condition and working order, ordinary wear
and tear resulting from proper use thereof alone excepted, by delivering the
Equipment at Lessee's cost and expense to such place as Lessor shall
specify.
9. Insurance.
Lessee
shall procure and continuously maintain and pay for:
A. All
risk insurance against loss of and damage to the Equipment in such amounts as
may be required by Lessor, naming Lessor as loss payee, and;
B.
Combined public liability and property damage insurance with limits as approved
by Lessor, naming Lessor as additionally named insured and a loss
payee.
The
insurance shall be in such form and with such company or companies as shall be
reasonably acceptable to Lessor, shall provide at least thirty (30) days advance
written notice to Lessor of any cancellation, change or modification, and shall
provide primary coverage for the protection of Lessee and Lessor without regard
to any other coverage carried by Lessee or Lessor protecting against similar
risks. Lessee shall provide Lessor with an original policy or certificate
evidencing such insurance. Lessee hereby appoints Lessor as Lessee's attorney in
fact with power and authority to do all things, including, but not limited to,
making claims, receiving payments and endorsing documents, checks or drafts
necessary or advisable to secure payments due under any policy of insurance
required under this Agreement.
10. Taxes.
Lessee
shall keep the Equipment free and clear of all levies, liens and encumbrances.
Lessee, or Lessor at Lessee's expense, shall report, pay and discharge when due
all license and registration fees, assessments, sales, use and property taxes,
gross receipts, taxes arising out of receipts from use or operation of the
Equipment, and other taxes, fees and governmental charges similar or dissimilar
to the foregoing, together with any penalties or interest thereon, imposed by
any state, federal or local government or any agency, or department thereof,
upon the Equipment or the purchase, use, operation or leasing of the Equipment
or otherwise in any manner with respect thereto and whether or not the same
shall be assessed against or in the name of Lessor or Lessee. However, Lessee
shall not be required to pay or discharge any such tax or assessment so long as
it shall, in good faith and by appropriate legal proceedings, contest the
validity thereof in any reasonable manner which will not affect or endanger the
title and interest of Lessor to the Equipment; provided, Lessee shall reimburse
Lessor for any damages or expenses resulting from such failure to pay or
discharge.
3
11. Lessor's
Payment.
In case
of failure of Lessee to procure or maintain said insurance or to pay fees,
assessments, charges and taxes, all as specified in this Lease, Lessor shall
have the right, but shall not be obligated, to effect such insurance, or pay
said fees, assignments, charges and taxes, as the case may be. In that event,
the cost thereof shall be repayable to Lessor with the next installment of rent,
and failure to repay the same shall carry with it the same consequences,
including interest at ten percent (10%) per annum, as failure to pay any
installment of rent.
12. Indemnity.
Lessee
shall indemnify Lessor against, and hold Lessor harmless from, any and all
claims, actions, suits, proceedings, costs, expenses, damages and liabilities,
including reasonable attorney's fees and costs, arising out of, connected with,
or resulting from Lessee's use of the Equipment, including without limitation
the manufacture, selection, delivery, possession, use, operation, or return of
the Equipment.
13. Default.
If any of
the following events shall occur: (i) Lessee fails to pay any rent or other
amount herein provided within ten (10) days after the same is due and payable;
(ii) Lessee fails to observe, keep or perform any other provision of this Lease
required to be observed, kept or performed by Lessee; (iii) Lessee shall
(1) apply for or consent to the appointment of a receiver, trustee,
liquidator or custodian of itself or of all or a substantial part of its
property, (2) be unable, or admit in writing its inability, to pay its
debts generally as they mature, (3) make a general assignment for the
benefit of its or any of its creditors, (4) be dissolved or liquidated,
(5) become insolvent (as such term may be defined or interpreted under any
applicable statute), (6) commence a voluntary case or other proceeding
seeking liquidation, reorganization or other relief with respect to itself or
its debts under any bankruptcy, insolvency or other similar law now or hereafter
in effect or consent to any such relief or to the appointment of or taking
possession of its property by any official in an involuntary case or other
proceeding commenced against it, or (7) take any action for the purpose of
effecting any of the foregoing; (iv) proceedings for the appointment of a
receiver, trustee, liquidator or custodian of Lessee or of all or a substantial
part of the property thereof, or an involuntary case or other proceedings
seeking liquidation, reorganization or other relief with respect to Lessee or
the debts thereof under any bankruptcy, insolvency or other similar law now or
hereafter in effect shall be commenced and an order for relief entered or such
proceeding shall not be dismissed or discharged within 30 days of commencement;
(v) one or more judgments, decrees or orders (excluding settlement orders) for
the payment of money shall be entered against Lessee involving in the aggregate
a liability of $1,000,000 or more, and any such judgment, decree or order shall
continue without discharge or stay for a period of sixty (60) days; or (vi)
Lessee shall default in the performance or observance of any agreement or
instrument relating to any indebtedness, or any other event shall occur or
condition exist, and the effect of such default, event or condition is to cause
or permit the holder or holders of any such indebtedness to cause indebtedness,
in excess of $500,000 individually or in the aggregate, to become due prior to
its stated maturity;
4
then
Lessor shall have the right to exercise any one or more of the following
remedies:
A. To
declare the entire amount of rent hereunder immediately due and payable without
notice or demand to Lessee.
B. To xxx
for and recover all rents, and other payments, then accrued or thereafter
accruing, up to the Stipulated Loss Value, determined as of the date of such
default.
C. To
take possession of the Equipment, without demand or notice, wherever same may be
located, without any court order or other process of law. Lessee hereby waives
any and all damages occasioned by such taking of possession.
D. To
terminate this Lease.
E. To
pursue any other remedy at law or in equity not inconsistent with the
foregoing.
Notwithstanding
any repossession or any other action which Lessor may take, Lessee shall be and
remain liable for the full performance of all obligations on the part of the
Lessee to be performed under this Lease. All of Lessor's remedies are
cumulative, and may be exercised concurrently or separately.
14. Ownership.
The
Equipment is, and shall at all times be and remain, the sole and exclusive
property of Lessor; and the Lessee shall have no right, title or interest
therein or thereto except as expressly set forth in this Lease.
15. Additional
Documents.
If Lessor
shall so request, Lessee shall execute and deliver to Lessor such documents as
Lessor shall deem necessary or desirable for purposes of recording or filing to
protect the interest of Lessor in the Equipment including, but not limited to a
UCC financing statement.
16. Entire
Agreement.
This
instrument constitutes the entire agreement between the parties on the subject
matter hereof and it shall not be amended, altered or changed except by a
further writing signed by the parties hereto.
5
17. Notices.
Service
of all notices under this Agreement shall be sufficient if given personally or
mailed certified, return receipt requested, postage prepaid, at the address set
forth on the signature page hereof, or to such address as such party may provide
in writing from time to time.
18. Assignment.
Neither
party shall assign this Lease or its interest in the
Equipment without the prior written consent of the other
party.
19. Headings.
Headings
used in this Lease are provided for convenience only and shall not be used to
construe meaning or intent.
20. Governing
Law.
This
Lease shall be construed and enforced according to laws of the State of North
Carolina.
21. Lessee
Purchase
Right.
Upon
expiration or earlier termination of this Lease, Lessee shall have the right to
purchase the Equipment from Lessor for the amount set forth on Schedule 2 annexed
hereto.
22. Security
Interest.
To the
extent that the transactions hereunder are deemed to be secured transactions,
Lessee hereby grants to Lessor a security interest in the Equipment to secure
Lessee’s obligations hereunder, and Lessee hereby authorizes Lessor to make such
Uniform Commercial Code filings and other filings as Lessor deems necessary or
appropriate in order to perfect such security interest.
[SIGNATURE
PAGE FOLLOWS]
6
IN
WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute and deliver this Lease as of the date first written
above.
LESSOR:
|
|
CRYSTAL
MANAGEMENT, LTD.,
|
|
as
Agent for the Investors
|
|
By:
|
/s/ Xxxxx Xxxxxxxx
|
Name: Xxxxx
Xxxxxxxx
|
|
Title:
Beneficial Owner
|
|
LESSEE:
|
|
SMART
ONLINE, INC.
|
|
By:
|
/s/ C. Xxxxx Xxxxx, Xx.
|
Name:
C. Xxxxx Xxxxx, Xx.
|
|
Title:
Interim CEO and
President
|
[SIGNATURE PAGE TO
AGREEMENT TO LEASE EQUIPMENT]
7
SCHEDULE
1
EQUIPMENT
Asset Number
|
Asset Description 1
|
|
162
|
1200-Development
/ Customer Support cubicles
|
|
163
|
1201-CEO
furniture
|
|
164
|
1204-Break
table green top / black
|
|
165
|
1203-Break
table green top / black
|
|
166
|
1202-Break
table green top / black
|
|
167
|
1205-Buffet
credenza cherry
|
|
168
|
1207-Coffee
table square maple
|
|
169
|
1206-Coffee
table square maple
|
|
170
|
1208-Conference
table, Amsterdam room, cherry
|
|
171
|
1220-Executive
desk cherry
|
|
172
|
1219-Executive
desk cherry
|
|
173
|
1218-Executive
desk cherry
|
|
174
|
1217-Executive
desk cherry
|
|
175
|
1216-Executive
desk cherry
|
|
176
|
1215-Executive
desk cherry
|
|
177
|
1214-Executive
desk cherry
|
|
178
|
1213-Executive
desk cherry
|
|
179
|
1212-Executive
desk cherry
|
|
180
|
1211-Executive
desk cherry
|
|
181
|
1210-Executive
desk cherry
|
|
182
|
1209-Executive
desk cherry
|
|
183
|
1221-Executive
desk oak
|
|
184
|
1222-Executive
wrap around desk cherry
|
|
185
|
1224-Executive
wrap around desk w/ cabinets cherry
|
|
186
|
1223-Executive
wrap around desk w/ cabinets cherry
|
|
187
|
1225-Large
conference table board room maple
|
|
188
|
1239-Lateral
2 drawer wood cabinet cherry
|
|
189
|
1238-Lateral
2 drawer wood cabinet cherry
|
|
190
|
1237-Lateral
2 drawer wood cabinet cherry
|
|
191
|
1236-Lateral
2 drawer wood cabinet cherry
|
|
192
|
1235-Lateral
2 drawer wood file cabinet cherry
|
|
193
|
1234-Lateral
2 drawer wood file cabinet cherry
|
|
194
|
1233-Lateral
2 drawer wood file cabinet cherry
|
|
195
|
1232-Lateral
2 drawer wood file cabinet cherry
|
|
196
|
1231-Lateral
2 drawer wood file cabinet cherry
|
|
197
|
1230-Lateral
2 drawer wood file cabinet cherry
|
|
198
|
1229-Lateral
2 drawer wood file cabinet
cherry
|
8
199
|
1228-Lateral
2 drawer wood file cabinet cherry
|
|
200
|
1227-Lateral
2 drawer wood file cabinet cherry
|
|
201
|
1226-Lateral
2 drawer wood file cabinet cherry
|
|
202
|
1254-Leather
rolling chair-black-board room
|
|
203
|
1253-Leather
rolling chair-black-board room
|
|
204
|
1252-Leather
rolling chair-black-board room
|
|
205
|
1251-Leather
rolling chair-black-board room
|
|
206
|
1250-Leather
rolling chair-black-board room
|
|
207
|
1249-Leather
rolling chair-black-board room
|
|
208
|
1248-Leather
rolling chair-black-board room
|
|
209
|
1247-Leather
rolling chair-black-board room
|
|
210
|
1246-Leather
rolling chair-black-board room
|
|
211
|
1245-Leather
rolling chair-black-board room
|
|
212
|
1244-Leather
rolling chair-black-board room
|
|
213
|
1243-Leather
rolling chair-black-board room
|
|
214
|
1242-Leather
rolling chair-black-board room
|
|
215
|
1308-Mesh
rolling chair-black
|
|
216
|
1299-Mesh
rolling chair-black
|
|
217
|
1298-Mesh
rolling chair-black
|
|
218
|
1297-Mesh
rolling chair-black
|
|
219
|
1296-Mesh
rolling chair-black
|
|
220
|
1295-Mesh
rolling chair-black
|
|
221
|
1294-Mesh
rolling chair-black
|
|
222
|
1293-Mesh
rolling chair-black
|
|
223
|
1292-Mesh
rolling chair-black
|
|
224
|
1291-Mesh
rolling chair-black
|
|
225
|
1290-Mesh
rolling chair-black
|
|
226
|
1289-Mesh
rolling chair-black
|
|
227
|
1288-Mesh
rolling chair-black
|
|
228
|
1287-Mesh
rolling chair-black
|
|
229
|
1286-Mesh
rolling chair-black
|
|
230
|
1285-Mesh
rolling chair-black
|
|
231
|
1284-Mesh
rolling chair-black
|
|
232
|
1283-Mesh
rolling chair-black
|
|
233
|
1282-Mesh
rolling chair-black
|
|
234
|
1281-Mesh
rolling chair-black
|
|
235
|
1280-Mesh
rolling chair-black
|
|
236
|
1279-Mesh
rolling chair-black
|
|
237
|
1278-Mesh
rolling chair-black
|
|
238
|
1277-Mesh
rolling chair-black
|
|
239
|
1276-Mesh
rolling chair-black
|
|
240
|
1275-Mesh
rolling chair-black
|
|
241
|
1274-Mesh
rolling chair-black
|
|
242
|
1273-Mesh
rolling chair-black
|
|
243
|
1272-Mesh
rolling chair-black
|
9
244
|
1271-Mesh
rolling chair-black
|
|
245
|
1270-Mesh
rolling chair-black
|
|
246
|
1269-Mesh
rolling chair-black
|
|
247
|
1268-Mesh
rolling chair-black
|
|
248
|
1267-Mesh
rolling chair-black
|
|
249
|
1266-Mesh
rolling chair-black
|
|
250
|
1265-Mesh
rolling chair-black
|
|
251
|
1264-Mesh
rolling chair-black
|
|
252
|
1263-Mesh
rolling chair-black
|
|
253
|
1262-Mesh
rolling chair-black
|
|
254
|
1261-Mesh
rolling chair-black
|
|
255
|
1260-Mesh
rolling chair-black
|
|
256
|
1259-Mesh
rolling chair-black
|
|
257
|
1258-Mesh
rolling chair-black
|
|
258
|
1257-Mesh
rolling chair-black
|
|
259
|
1256-Mesh
rolling chair-black
|
|
260
|
1301-Refrigerator
Whirlpool
|
|
261
|
1300-Refrigerator
Whirlpool
|
|
262
|
1304-Wall
mount television
|
|
263
|
1303-Wall
mount television
|
|
264
|
0000-Xxxx
xxxxx xxxxxxxxxx
|
|
000
|
0000-Xxxxxxx
seating area
|
|
266
|
1306-Privacy
panel Customer Support
|
|
267
|
1307-XX
xxxxx segment picture
|
|
268
|
1255-Mesh
rolling chair-black
|
|
269
|
1309-RM
annular design picture
|
|
270
|
1310-RM
floral patch picture
|
|
271
|
1311-RM
lineage picture
|
|
272
|
1312-XX
xxxxxxx restful picture
|
|
273
|
1313-Xxx
Xxxxxx world picture
|
|
274
|
1314-RM
subdivision picture
|
|
275
|
1315-RM
textured motif picture
|
|
276
|
1316-RM
central park picture
|
|
277
|
1318-NMW
Louw floral picture
|
|
278
|
1317-NMW
Louw floral picture
|
|
279
|
1319-RM
Z SQ blocks picture
|
|
283
|
36"
diameter wood conference top xxxxxx xxxxxx
|
|
286
|
Arm
chair blue /cherry trim
|
|
287
|
Arm
chair xxxxx wave wood / oak trim
|
|
288
|
Arm
chair metal xxxx / black
|
|
289
|
Arm
chair tan cloth / oak trim
|
|
290
|
Arm
chair wave design / maple trim
|
|
291
|
Bookshelf
(5 shelf) cherry
|
|
292
|
Bookshelf
(5 shelf) oak
|
|
293
|
Bookshelf
(6 shelf) oak
|
10
294
|
Bookshelf,
3 shelf on file cabinet, cherry
|
|
299
|
Column
wood pedestal stand cherry
|
|
300
|
Computer
desk cherry
|
|
301
|
Computer
desk no file drawers cherry/blk
|
|
302
|
Computer
desk w/2 file cabinets cherry
|
|
303
|
Computer
wrap around desk w / 2 drawer file maple
|
|
304
|
Credenza
w 4 file cabinets oak
|
|
305
|
Dry
erase cabinet cherry
|
|
311
|
Guest
chair floral design / maple trim
|
|
312
|
Guest
chair with geo dots / cherry trim
|
|
315
|
Lateral
2 drawer metal file cabinet cream/puddy
|
|
316
|
Lateral
3 drawer metal file cabinet cream
|
|
317
|
Lateral
4 drawer metal filing cabinet cream puddy
|
|
318
|
Lateral
5 drawer metal filing cabinet cream
|
|
000
|
Xxxxxxxx
stacking chair-black/metal
|
|
322
|
Metal
storage cabinet (tall) cream
|
|
325
|
National
Xxxxxx bookcase 66" 5 shelf cherry
|
|
336
|
Refurnish
furniture
|
|
337
|
Rolling
chair (cloth) tan
|
|
338
|
Rolling
vertical filing cabinet 2 drawer puddy
|
|
339
|
Rolling
vertical metal filing 2 drawer,1file puddy
|
|
340
|
Rolling
vertical metal filing cabinet 2 drawer blk
|
|
341
|
Round
pedestal table (4') cherry
|
|
342
|
Side
chair geo weave / maple trim
|
|
343
|
Small
rolling vertical metal filing cabinet black
|
|
345
|
Stacking
side chair-black/metal
|
|
351
|
Vertical
2 drawer metal filing cabinet cream
|
|
352
|
Vertical
4 drawer metal filing cabinet cream
|
|
24
|
1022-HP
Laserjet 4250
|
|
25
|
1023-Phaser
Xerox
|
|
27
|
1025-HP
Designjet 110 Plus
|
|
93
|
1096-Toshiba
4511 copier
|
|
107
|
1112-Phaser
Xerox
|
|
113
|
0000-0XXX
switch telephone equipment
|
|
114
|
0000-0XXX
switch telephone equipment
|
|
000
|
0000-X0000
telephone equipment
|
|
000
|
0000-XXXXXX
telephone equipment
|
|
117
|
0000-0XXX
telephone equipment
|
|
347
|
Telephone
sets
|
|
2
|
1000-Optiplex
755 desktop lease 003
|
|
3
|
1001-Optiplex
755 desktop lease 003
|
|
4
|
Dell
Latitude D630 laptop
|
|
5
|
1003-Optiplex
320 desktop
|
|
6
|
1004-Optiplex
755 desktop
|
|
7
|
1005-DX2000MT
desktop
|
11
8
|
1006-Vostro
200 desktop
|
|
9
|
1007-Dell
Latitude D830 laptop lease 003
|
|
10
|
1008-Vostro
1500 laptop
|
|
11
|
1009-Dell
Latitude D630 laptop
|
|
12
|
1010-Vostro
200 desktop
|
|
13
|
1011-DX2000MT
desktop
|
|
14
|
1012-Vostro
1500 laptop
|
|
15
|
1013-Optiplex
755 desktop lease 001
|
|
16
|
1014-Optiplex
755 desktop lease 003
|
|
17
|
1015-Dell
Latitude D420 laptop
|
|
18
|
1016-Dell
Latitude D830 laptop
|
|
19
|
1017-Vostro
1500 laptop
|
|
20
|
1018-Optiplex
755 desktop lease 003
|
|
21
|
1019-Vostro
200 desktop
|
|
22
|
1020-Dell
Latitude D830 laptop
|
|
26
|
1024-Vostro
200 desktop
|
|
28
|
1026-Dell
Latitude D830 laptop
|
|
29
|
1027-Dell
Latitude D630 laptop
|
|
30
|
1028-Dell
Latitude D830 laptop
|
|
31
|
1029-Dell
Latitude D830 laptop-lease 003
|
|
32
|
1030-Dell
Latitude D530 laptop
|
|
33
|
1031-Optiplex
755 desktop lease 003
|
|
34
|
1033-DX2000MT
desktop
|
|
35
|
1034-Dell
Latitude D420 laptop
|
|
36
|
1035-Optiplex
755 desktop
|
|
38
|
1037-Optiplex
755 desktop lease 003
|
|
60
|
1059-Dell
Poweredge 2950 server
|
|
62
|
1061-Dell
RS200
|
|
63
|
1062-Dell
RS200
|
|
64
|
1063-Dell
RS200
|
|
65
|
1064-Dell
Poweredge 2950 server
|
|
68
|
1067-HP
Pavilion desktop
|
|
69
|
1068-HP
Compaq desktop
|
|
73
|
1072-HP
Vectra
|
|
75
|
1074-Dell
Dimension desktop
|
|
76
|
1075-HP
Compaq desktop
|
|
78
|
1081-HP
Proliant DL145
|
|
79
|
1077-HP
Proliant DL145
|
|
81
|
1083-Exabyte
VXA-2 Packetloader
|
|
82
|
1324-Tripp
Smart UPS model 3000
|
|
83
|
1323-Tripp
Smart UPS model 3000
|
|
84
|
1322-Tripp
Smart UPS model 3000
|
|
85
|
1321-Tripp
Smart UPS model 3000
|
|
86
|
1325-Tripp
Smart UPS model 3000
|
|
90
|
1093-Dell
RS 200
|
12
91
|
1094-Dell
RS 200
|
|
108
|
1114-ASA01
Cisco 5 Series
|
|
110
|
1116-Cisco
RTPINET01 router 2621
|
|
111
|
1117-Cisco
Catalyst 4506 switch
|
|
112
|
1118-3COM
switch
|
|
118
|
1124-Optiplex
755 desktop lease 003
|
|
119
|
1125-Optiplex
320 desktop
|
|
120
|
1127-DX2000MT
desktop
|
|
121
|
1128-Optiplex
755 desktop
|
|
122
|
1129-Dell
Latitude D830 laptop
|
|
123
|
1130-Optiplex
755 lease 003
|
|
124
|
1131-Optiplex
755 desktop
|
|
126
|
1133-Optiplex
755 desktop lease 001
|
|
127
|
1137-Vostro
200 desktop
|
|
129
|
0000-Xxxxxx
000 xxxxxxx
|
|
000
|
0000-Xxxxxx
200 desktop
|
|
131
|
1141-Optiplex
755 desktop lease 003
|
|
132
|
1142-Optiplex
755 desktop lease 003
|
|
133
|
1143-Optiplex
320 desktop
|
|
134
|
1144-Precision
desktop
|
|
135
|
1145-Optiplex
320 desktop
|
|
136
|
1146-Optiplex
320 desktop
|
|
137
|
1148-Optiplex
755 desktop
|
|
138
|
1149-Optiplex
755 desktop
|
|
139
|
1150-Optiplex
320 desktop
|
|
140
|
1152-DX2000MT
desktop
|
|
141
|
1153-Vostro
200 desktop
|
|
143
|
1155-Optiplex
755 desktop
|
|
144
|
1156-Dell
Latitude D830 laptop lease 003
|
|
145
|
1157-Dell
Latitude D500 laptop
|
|
146
|
1158-Dell
Latitude D830 laptop lease 003
|
|
147
|
1159-Dell
Inspiron 1501 laptop
|
|
148
|
1160-IBM
Thinkpad Tablet X41 laptop
|
|
149
|
1161-Dell
Latitude D830 laptop lease 003
|
|
150
|
1162-Dell
Latitude D830 laptop lease 003
|
|
151
|
1163-Dell
Inspiron laptop
|
|
152
|
1164-Dell
Latitude D830 laptop lease 003
|
|
154
|
1166-Vostro
1500 laptop
|
|
155
|
1168-Vostro
200 desktop
|
|
156
|
1169-Dell
Latitude D830 laptop lease 003
|
|
158
|
1171-Optiplex
755 desktop lease 003
|
|
159
|
1172-Vostro
1500 laptop
|
|
160
|
1173-Dell
Latitude D830 laptop
|
|
280
|
1320-Cisco
RTPAP wireless AP 1240
|
|
319
|
1161-Dell
Latitude D830 laptop
|
13
327
|
1036-Optiplex
755 desktop
|
|
328
|
1035-Optiplex
755 desktop
|
|
329
|
1002-Optiplex
755 desktop
|
|
333
|
HP
Pavilion A230n desktop
|
|
326
|
NBX
6.0.59 software
|
|
335
|
Quickbooks
Enterprise software
|
|
346
|
Symantec
anti-virus software
|
|
23
|
1021-Apple
IMAC desktop
|
|
37
|
1036-Apple
Powerbook laptop
|
|
39
|
1038-IBM
Thinkpad T42 laptop
|
|
40
|
1039-Apple
PowerMac G5 desktop
|
|
41
|
1040-Apple
PowerMac G5 desktop
|
|
42
|
1041-Apple
PowerMac G5 desktop
|
|
43
|
1042-IBM
X Series 206 server
|
|
44
|
1043-Dell
Poweredge 2950 server
|
|
45
|
1044-Dell
RS300 lease 001
|
|
46
|
1045-Dell
RS300 lease 001
|
|
47
|
1046-Dell
RS300 lease 001
|
|
48
|
1047-Dell
RS300 lease 001
|
|
49
|
1048-Dell
RS300 lease 001
|
|
50
|
1049-Dell
RS300 lease 001
|
|
51
|
1050-Dell
RS 300
|
|
52
|
1051-Dell
RS200 lease 001
|
|
53
|
1052-Dell
RS200 lease 001
|
|
54
|
1053-Dell
RS200 lease 001
|
|
55
|
1054-Dell
RS200 lease 001
|
|
56
|
1055-Dell
RS300 lease 001
|
|
57
|
1056-Dell
RS200 lease 003
|
|
58
|
1057-Dell
Poweredge 2950 server
|
|
59
|
1058-Dell
Poweredge 2950 server
|
|
61
|
1060-Dell
RS200 lease 003
|
|
66
|
1065-Dell
RS 300
|
|
67
|
1066-Dell
RS 300
|
|
70
|
1069-Cybertron
|
|
71
|
1070-SUN
220R
|
|
72
|
1071-SUN
250
|
|
74
|
1073-IBM
E server
|
|
77
|
1076-SUN
Neutra 105
|
|
80
|
1082-IBM
E server
|
|
87
|
1089-Dell
RS200 lease 003
|
|
88
|
1090-Dell
RS200 lease 003
|
|
89
|
1091-Dell
RS200 lease 003
|
|
92
|
1095-Dell
RS200 lease 003
|
|
94
|
1099-Dell
RS 300 Equinix
|
|
95
|
1100-Dell
RS 300 Equinix
|
14
96
|
1101-Dell
RS 300 Equinix
|
|
97
|
1102-Dell
RS 300 Equinix
|
|
98
|
1103-Dell
RS 300 Equinix
|
|
99
|
1104-Dell
RS 300 Equinix
|
|
100
|
1105-Dell
RS 300 Equinix
|
|
101
|
1106-Dell
RS 300 Equinix
|
|
102
|
1107-Dell
RS 300 Equinix
|
|
103
|
1108-Dell
RS 300 Equinix
|
|
104
|
1109-Dell
RS 300 Equinix
|
|
105
|
1110-Dell
RS 300 Equinix
|
|
106
|
1111-Dell
RS 300 Equinix
|
|
125
|
1132-Apple
Mac mini desktop
|
|
128
|
1138-Apple
Powerbook laptop
|
|
142
|
1154-Apple
Macbook Pro laptop
|
|
153
|
1165-Apple
Macbook Pro laptop
|
|
157
|
1170-IMAC
desktop
|
|
161
|
1176-Apple
Powerbook laptop
|
|
281
|
Cisco
2811 router-Equinix
|
|
284
|
48
port Gbit Cisco
|
|
297
|
Cisco
router-Equinix
|
|
298
|
Cisco
router-Equinix
|
|
307
|
Firewall
for Equinix
|
|
308
|
Foodlogiq
server @ Hosted Solutions
|
|
309
|
Foodlogiq
server @ Hosted Solutions
|
|
310
|
Foodlogiq
server @ Hosted Solutions
|
|
313
|
HP
Procurve switch - Equinix
|
|
000
|
Xxxxx
Xxxxxxxxxxxx Xxxx XX Equinix
|
|
353
|
CDW
network equip (firewall and switch)-Equinix
|
|
109
|
1115-Cisco
Catalyst switch
|
|
282
|
2
TLPA CS3 DESIGN SOFTWARE
|
|
285
|
Adobe
Enterprise Software
|
|
324
|
MS
MBL WIM SRV / SQL SRV
|
|
330
|
Oracle
8 database
|
|
331
|
Oracle
8 Enterprise Edition
|
|
348
|
TLPA
Flex Builder Software
|
|
349
|
TLPA
software
|
|
350
|
TLPR
Photoshop C53
|
15
SCHEDULE 2
EQUIPMENT
PURCHASE PRICE
Fair
market value, as determined by a mutually acceptable appraiser unaffiliated with
the parties.
16