Exhibit 10.79
EQUIPMENT SCHEDULE NO. 08 ("EQUIPMENT SCHEDULE")
TO
MASTER LEASE AGREEMENT DATED January 23, 1997 ("LEASE")
BETWEEN Leasing Technologies International, Inc. ("LESSOR")
AND HelpMate Robotics Inc. ("LESSEE")
1. EQUIPMENT:
Mfr./ Purchase Serial
Qty Description Vendor Price Number
--- ----------- ----- ------- ------
SEE EXHIBIT B ATTACHED HERETO AND MADE A PART HEREOF.
2. EQUIPMENT LOCATION: See Exhibit B attached hereto and made
a part hereof.
3. INSTALLATION DATE: N/A; Equipment previously installed. If
this space is not completed, the Installation Date shall be:
the date which the Vendor(s) determines to be the date of
installation, which, Lessee agrees, will not occur without
Lessor's prior written consent or the fifth day following
delivery of the Equipment to the location set forth in
Section 2, whichever is earlier; or in the case of Equipment
which is the subject of a sale and leaseback between Lessor
and Lessee, the date upon which Lessor obtains title to the
Equipment from Lessee (but not later than the date Lessor
pays for the Equipment).
4. COMMENCEMENT DATE: May 1, 1997 . (Subject to the terms and
conditions of Section 3 of the Lease, if all of the
Equipment is not installed on the same date).
5. INITIAL TERM: 32 months.
6. MONTHLY RENTAL: $ 10,528.00 . The Monthly Rental set forth
in this section is conditional upon Lessor acquiring the
Equipment at a purchase price of $270,000.00 based on an
8.50% Prime Interest Rate. Lessor and Lessee agree that the
Monthly Rental shall be increased by $31.00 for each
one-quarter of one percent (1/4 of 1%) by which the Prime
Interest Rate (as stated by Citibank N.A.) increases prior
to the Commencement Date, or the date Lessor has received
sufficient documentation so as to finance the Lease,
whichever is later. Lessee agrees that it shall confirm the
amount of the rental payable hereunder after adjustment, if
any, in such form as Lessor may request.
7. LESSOR'S OBLIGATIONS: Lessor's obligations under this
Equipment Schedule are subject to there being no tax
legislation enacted prior to the Installation Date which
would have an adverse effect on the rights or anticipated
benefits to Lessor or any Assignee.
8. SECURITY DEPOSIT: $ 0.00 .
Page 1 0f 2
EQUIPMENT SCHEDULE NO. 08 ("EQUIPMENT SCHEDULE")
TO
MASTER LEASE AGREEMENT DATED January 23, 1997 ("LEASE")
BETWEEN Leasing Technologies International, Inc. ("LESSOR")
AND HelpMate Robotics Inc. ("LESSEE")
9. LEASE AGREEMENT: For purposes of this Equipment Schedule,
"May 5, 1997" is substituted for "dated concurrently" in
Section 13(b) of the Lease. All other terms, covenants and
conditions set forth in the Lease remain unchanged.
LESSOR: LESSEE:
Leasing Technologies International, Inc. HelpMate Robotics Inc.
BY:/s/F. Xxxxx Xxxxxx BY: /s/Xxxx X. Xxxxxxxxx
------------------------------------- ---------------------------
NAME: F. Xxxxx Xxxxxx NAME: Xxxx X. Xxxxxxxxx
----------------------------------- -------------------------
TITLE: President TITLE: Assistant Treasurer
--------------------------------- -------------------------
DATE: 5-5-97 DATE:
---------------------------------- --------------------------
This is Counterpart No. 3 of 3 executed Counterparts of this
-- --
Equipment Schedule. Counterpart No. 1 of this Equipment Schedule
shall constitute the only original executed counterpart of this
Equipment Schedule. For purposes of perfection of a security
interest in chattel paper by possession under the Connecticut
Uniform Commercial Code, (a) such Counterpart shall be deemed the
only original counterpart of this Equipment Schedule, and
transfer or possession of such Counterpart shall effect such
perfection, (b) transfer or possession of no other purported
Counterpart of this Equipment Schedule shall effect such
perfection and (c) transfer or possession of an original
counterpart of the Master Lease Agreement shall not be necessary
to effect such perfection.
Page 2 of 2
EQUIPMENT SCHEDULE NO. 08
TO
MASTER LEASE AGREEMENT DATED January 23, 1997
EXHIBIT A
STATEMENT OF CASUALTY VALUES
Monthly Stipulated Monthly Stipulated Loss
Pmt. Made Value* Pmts. Made Value*
---------- ----------- ---------- ----------------
1 120.00 17 88.00
2 118.00 18 86.00
3 116.00 19 84.00
4 114.00 20 82.00
5 112.00 21 80.00
6 110.00 22 78.00
7 108.00 23 76.00
8 106.00 24 74.00
9 104.00 25 72.00
10 102.00 26 70.00
11 100.00 27 68.00
12 98.00 28 66.00
13 96.00 29 64.00
14 94.00 30 62.00
15 92.00 31 60.00
16 90.00 32 58.00
* Expressed as a percentage of Lessor's original purchase price for the
equipment.
LESSOR: LESSEE:
Leasing Technologies International, Inc. HelpMate Robotics Inc.
BY:/s/F. Xxxxx Xxxxxx BY:/s/Xxxx X. Xxxxxxxxx
-------------------------------------- -----------------------
NAME: F. Xxxxx Xxxxxx NAME:
------------------------------------ ---------------------
TITLE: President TITLE:
----------------------------------- --------------------
DATE: 5-5-97 DATE:
------------------------------------ --------------------
EQUIPMENT SCHEDULE NO. 09 ("EQUIPMENT SCHEDULE")
TO
MASTER LEASE AGREEMENT DATED January 23, 1997 ("LEASE")
BETWEEN Leasing Technologies International, Inc. ("LESSOR")
AND HelpMate Robotics Inc. ("LESSEE")
1. EQUIPMENT:
Mfr./ Purchase Serial
Qty Description Vendor Price Number
--- ----------- ----- --------- ------
SEE EXHIBIT B ATTACHED HERETO AND MADE A PART HEREOF.
2. EQUIPMENT LOCATION: See Exhibit B attached hereto and made
a part hereof.
3. INSTALLATION DATE: N/A; Equipment previously installed. If
this space is not completed, the Installation Date shall be:
the date which the Vendor(s) determines to be the date of
installation, which, Lessee agrees, will not occur without
Lessor's prior written consent or the fifth day following
delivery of the Equipment to the location set forth in
Section 2, whichever is earlier; or in the case of Equipment
which is the subject of a sale and leaseback between Lessor
and Lessee, the date upon which Lessor obtains title to the
Equipment from Lessee (but not later than the date Lessor
pays for the Equipment).
4. COMMENCEMENT DATE: May 1, 1997 . (Subject to the terms and
conditions of Section 3 of the Lease, if all of the
Equipment is not installed on the same date).
5. INITIAL TERM: 32 months.
6. MONTHLY RENTAL: $ 10,528.00 . The Monthly Rental set forth
in this section is conditional upon Lessor acquiring the
Equipment at a purchase price of $270,000.00 based on an
8.50% Prime Interest Rate. Lessor and Lessee agree that the
Monthly Rental shall be increased by $31.00 for each
one-quarter of one percent (1/4 of 1%) by which the Prime
Interest Rate (as stated by Citibank N.A.) increases prior
to the Commencement Date, or the date Lessor has received
sufficient documentation so as to finance the Lease,
whichever is later. Lessee agrees that it shall confirm the
amount of the rental payable hereunder after adjustment, if
any, in such form as Lessor may request.
7. LESSOR'S OBLIGATIONS: Lessor's obligations under this
Equipment Schedule are subject to there being no tax
legislation enacted prior to the Installation Date which
would have an adverse effect on the rights or anticipated
benefits to Lessor or any Assignee.
8. SECURITY DEPOSIT: $ 0.00 .
Page 1 of 2
EQUIPMENT SCHEDULE NO. 09 ("EQUIPMENT SCHEDULE")
TO
MASTER LEASE AGREEMENT DATED January 23, 1997 ("LEASE")
BETWEEN Leasing Technologies International, Inc. ("LESSOR")
AND HelpMate Robotics Inc. ("LESSEE")
9. LEASE AGREEMENT: For purposes of this Equipment Schedule,
"May 7, 1997" is substituted for "dated concurrently" in
Section 13(b) of the Lease. All other terms, covenants and
conditions set forth in the Lease remain unchanged.
LESSOR: LESSEE:
Leasing Technologies International, Inc. HelpMate Robotics Inc.
BY:/s/F. Xxxxx Xxxxxx BY:/s/Xxxx X. Xxxxxxxxx
-------------------------------------- ------------------------
NAME: F. Xxxxx Xxxxxx NAME: Xxxx X. Xxxxxxxxx
------------------------------------ ------------------------
TITLE: President TITLE: Assistant Treasurer
---------------------------------- ------------------------
DATE: 5-5-97 DATE: 5-5-97
----------------------------------- ------------------------
This is Counterpart No. 3 of 3 executed Counterparts of this
-- --
Equipment Schedule. Counterpart No. 1 of this Equipment Schedule
shall constitute the only original executed counterpart of this
Equipment Schedule. For purposes of perfection of a security
interest in chattel paper by possession under the Connecticut
Uniform Commercial Code, (a) such Counterpart shall be deemed the
only original counterpart of this Equipment Schedule, and
transfer or possession of such Counterpart shall effect such
perfection, (b) transfer or possession of no other purported
Counterpart of this Equipment Schedule shall effect such
perfection and (c) transfer or possession of an original
counterpart of the Master Lease Agreement shall not be necessary
to effect such perfection.
Page 2 of 2
EQUIPMENT SCHEDULE NO. 09
TO
MASTER LEASE AGREEMENT DATED January 23, 1997
EXHIBIT A
STATEMENT OF CASUALTY VALUES
Monthly Stipulated Monthly Stipulated Loss
Pmt. Made Value* Pmts. Made Value*
--------- ---------- ---------- ---------------
1 120.00 17 88.00
2 118.00 18 86.00
3 116.00 19 84.00
4 114.00 20 82.00
5 112.00 21 80.00
6 110.00 22 78.00
7 108.00 23 76.00
8 106.00 24 74.00
9 104.00 25 72.00
10 102.00 26 70.00
11 100.00 27 68.00
12 98.00 28 66.00
13 96.00 29 64.00
14 94.00 30 62.00
15 92.00 31 60.00
16 90.00 32 58.00
* Expressed as a percentage of Lessor's original purchase price
for the equipment.
LESSOR: LESSEE:
Leasing Technologies International, Inc. HelpMate Robotics Inc.
BY:/s/F. Xxxxx Xxxxxx BY:/s/Xxxx X. Xxxxxxxxx
------------------------------------- ----------------------------
NAME: F. Xxxxx Xxxxxx NAME: Xxxx X. Xxxxxxxxx
----------------------------------- ----------------------------
TITLE: President TITLE:
---------------------------------- -------------------------
DATE: 5-5-97 DATE: 5-5-97
----------------------------------- -------------------------
EQUIPMENT SCHEDULE NO. 10 ("EQUIPMENT SCHEDULE")
TO
MASTER LEASE AGREEMENT DATED January 23, 1997 ("LEASE")
BETWEEN Leasing Technologies International, Inc. ("LESSOR")
AND HelpMate Robotics Inc. ("LESSEE")
1. EQUIPMENT:
Mfr./ Purchase Serial
Qty Description Vendor Price Number
--- ----------- ------ -------- ------
SEE EXHIBIT B ATTACHED HERETO AND MADE A PART HEREOF.
2. EQUIPMENT LOCATION: See Exhibit B attached hereto and made
a part hereof.
3. INSTALLATION DATE: N/A; Equipment previously installed. If
this space is not completed, the Installation Date shall be:
the date which the Vendor(s) determines to be the date of
installation, which, Lessee agrees, will not occur without
Lessor's prior written consent or the fifth day following
delivery of the Equipment to the location set forth in
Section 2, whichever is earlier; or in the case of Equipment
which is the subject of a sale and leaseback between Lessor
and Lessee, the date upon which Lessor obtains title to the
Equipment from Lessee (but not later than the date Lessor
pays for the Equipment).
4. COMMENCEMENT DATE: May 1, 1997 . (Subject to the terms and
conditions of Section 3 of the Lease, if all of the
Equipment is not installed on the same date).
5. INITIAL TERM: 32 months.
6. MONTHLY RENTAL: $ 10,528.00 . The Monthly Rental set forth
in this section is conditional upon Lessor acquiring the
Equipment at a purchase price of $270,000.00 based on an
8.50% Prime Interest Rate. Lessor and Lessee agree that the
Monthly Rental shall be increased by $31.00 for each
one-quarter of one percent (1/4 of 1%) by which the Prime
Interest Rate (as stated by Citibank N.A.) increases prior
to the Commencement Date, or the date Lessor has received
sufficient documentation so as to finance the Lease,
whichever is later. Lessee agrees that it shall confirm the
amount of the rental payable hereunder after adjustment, if
any, in such form as Lessor may request.
7. LESSOR'S OBLIGATIONS: Lessor's obligations under this
Equipment Schedule are subject to there being no tax
legislation enacted prior to the Installation Date which
would have an adverse effect on the rights or anticipated
benefits to Lessor or any Assignee.
8. SECURITY DEPOSIT: $ 0.00 .
page 1 of 2
EQUIPMENT SCHEDULE NO. 10 ("EQUIPMENT SCHEDULE")
TO
MASTER LEASE AGREEMENT DATED January 23, 1997 ("LEASE")
BETWEEN Leasing Technologies International, Inc. ("LESSOR")
AND HelpMate Robotics Inc. ("LESSEE")
9. LEASE AGREEMENT: For purposes of this Equipment Schedule,
"May 7, 1997" is substituted for "dated concurrently" in
Section 13(b) of the Lease. All other terms, covenants and
conditions set forth in the Lease remain unchanged.
LESSOR: LESSEE:
Leasing Technologies International, Inc. HelpMate Robotics Inc.
BY:/s/F. Xxxxx Xxxxxx BY:/s/Xxxx X. Xxxxxxxxx
------------------------------------ -----------------------------
NAME: F. Xxxxx Xxxxxx NAME: Xxxx X. Xxxxxxxxx
---------------------------------- ---------------------------
TITLE: President TITLE: Assistant Treasurer
---------------------------------- ----------------------------
DATE: 5-5-97 DATE: 5-5-97
----------------------------------- ----------------------------
This is Counterpart No. 3 of 3 executed Counterparts of this
--- ---
Equipment Schedule. Counterpart No. 1 of this Equipment Schedule
shall constitute the only original executed counterpart of this
Equipment Schedule. For purposes of perfection of a security
interest in chattel paper by possession under the Connecticut
Uniform Commercial Code, (a) such Counterpart shall be deemed the
only original counterpart of this Equipment Schedule, and
transfer or possession of such Counterpart shall effect such
perfection, (b) transfer or possession of no other purported
Counterpart of this Equipment Schedule shall effect such
perfection and (c) transfer or possession of an original
counterpart of the Master Lease Agreement shall not be necessary
to effect such perfection.
Page 2 of 2
EQUIPMENT SCHEDULE NO. 10
TO
MASTER LEASE AGREEMENT DATED January 23, 1997
EXHIBIT A
STATEMENT OF CASUALTY VALUES
Monthly Stipulated Monthly Stipulated Loss
Pmt. Made Value* Pmts. Made Value*
---------- ---------- ----------- ---------------
1 120.00 17 88.00
2 118.00 18 86.00
3 116.00 19 84.00
4 114.00 20 82.00
5 112.00 21 80.00
6 110.00 22 78.00
7 108.00 23 76.00
8 106.00 24 74.00
9 104.00 25 72.00
10 102.00 26 70.00
11 100.00 27 68.00
12 98.00 28 66.00
13 96.00 29 64.00
14 94.00 30 62.00
15 92.00 31 60.00
16 90.00 32 58.00
* Expressed as a percentage of Lessor's original purchase price
for the equipment.
LESSOR: LESSEE:
Leasing Technologies International, Inc. HelpMate Robotics Inc.
BY:/s/F. Xxxxx Xxxxxx BY:/s/Xxxx X. Xxxxxxxxx
------------------------------------- ----------------------------
NAME: F. Xxxxx Xxxxxx NAME:
----------------------------------- ----------------------------
TITLE: President TITLE:
---------------------------------- ----------------------------
DATE: 5-5-97 DATE: 5-5-97
----------------------------------- --------------------------
