1
EXHIBIT 10.19
FFSI
FORD FINANCIAL SERVICES, INC.
LEASE SCHEDULE NO. 003
to
MASTER LEASE AGREEMENT NO.: B01060898SD
(including all supplements and addenda the "Lease")
dated as of
THE 13TH DAY OF AUGUST, 1998
between
FORD FINANCIAL SERVICES, INC. ("LESSOR")
and
INTERACTIVE TELESIS, INC. ("LESSEE")
***************************************************************
TERMS AND CONDITIONS
1. LEASE. All terms used herein shall have the same meaning as set forth
the Lease. The items of Equipment described on Exhibit "A", attached hereto and
incorporated herein by this reference, are hereby Leased on the terms specified
herein and in the Lease which by this reference are incorporated in this
Schedule.
2. TERM AND COMMENCEMENT DATE. The term of this Lease is for THIRTY-SIX
(36) MONTHS, is nonterminable and shall commence on the date Lessee signs the
Delivery and Acceptance Certificate relating to the Equipment ("Acceptance
Date").
3. RENT. Lessee shall pay Rent to Lessor for the Equipment as follows:
$3,065.64 PER MONTH FOR 36 MONTHS.
The payment of "Per Diem Rent" (calculated as one-thirtieth (1/30) of the
monthly Rent amount) hereunder shall begin on the Acceptance Date and shall
continue until the "Rent Commencement Date," which shall be a date chosen by the
Lessor that is within thirty (30) days following the Acceptance Date. The first
and last payment(s) of Rent shall be due and payable on the Rent Commencement
Date. All subsequent Rent payments shall be due and payable on the same day of
each succeeding calendar month thereafter until all obligations of Lessee under
the Lease have been paid in full.
Rental payments shall be paid to:
FORD FINANCIAL SERVICES, INC.
00000 XXXX XXXXX XX., XXX. 000
XXX XXXXX, XXXXXXXXXX 00000
ATTN: LEASE DEPARTMENT
or such other addresses that may be designated by written notice given in the
manner prescribed in the Lease.
4. LOCATION OF EQUIPMENT:
INTERACTIVE TELESIS, INC.
000 XXXXXXXXX XXXX., XXXXX 000
XXXXXXXXX, XXXXXXXXXX 00000
5. ADVANCE RENTAL. Upon the execution of this Schedule, Lessee shall
pay to Lessor as Advance Rental(s) and Deposit(s) in an amount equal to
$6,131.28. Upon Acceptance by Lessor of this Schedule, the Advance Rental(s) and
Deposit(s) shall become non-refundable. Upon execution of the Delivery and
Acceptance Certificate the Advance Rental(s) and Deposit(s) shall be applied to
the First and Last month's Rent and any Deposit(s) required and any Per Diem
Rent due under this Schedule. After Acceptance of this Schedule by Lessor, if
Lessee does not consummate this transaction, including, but not limited to,
Lessee's rejection or refusal to Accept any item of Equipment pursuant to this
Schedule, Lessor may retain the Advance Rental(s) and Deposit(s) as liquidated
damages.
6. STIPULATED LOSS VALUE. If this Schedule contains a Stipulated Loss
Value of the Equipment, the Stipulated Loss Value of each item of Equipment as
of each rental payment date in respect thereto shall be that percentage of
Purchase Price of such item of Equipment as set forth due and including such
date. The Purchase Price of the Equipment (including any applicable sales or
use taxes and charges for transportation, assembly and/or installation) is
$94,327.37.
2
7. COUNTERPARTS. Three (3) counterparts of this Schedule have been
executed by the parties hereto. One counterpart has been designated "Lessor's
Copy." One counterpart has been designated "Lessee's Copy. One counterpart has
been designated "File Copy." Only the counterpart marked "Lessor's Copy" along
with the original or a photocopy of the Lease evidence Lessee's monetary
obligations hereunder and therefore constitutes chattel paper under the Uniform
Commercial Code. Notwithstanding the foregoing, if Lessor's Copy of this Lease
shall become lost, mutilated or destroyed, Lessor may prove this Lease by
photocopies hereof, or by Lessee's Copy.
8. END OF TERM PROVISION. The Lessor, at its option, may grant to
Lessee the option to purchase all of the equipment set forth in said Lease
Schedule upon the termination of the initial Lease Schedule Term, provided,
however, that the Lessee has performed all conditions of said Lease and that an
"Event of Default" has not occurred. Not withstanding the foregoing, the Lessor
shall have the option to require the Lessee to purchase the equipment upon the
full expiration of the Lease Schedule Term for its then Fair Market Value
("FMV"). Lessee hereby agrees that the Fair Market Value shall be based upon an
appraisal provided by an appraiser of the Lessors selection. Should Lessor so
require, Lessee hereby guarantees a minimum payment of $9,432.74 plus applicable
taxes.
LESSOR: FORD FINANCIAL SERVICES, INC. LESSEE: INTERACTIVE TELESIS, INC.
By: /s/ [signature illegible] By: /s/ XXXXXX X. XXXXXXX
------------------------------------- --------------------------------
Xxxxxx X. Xxxxxxx
Title: [Copy Illegible] DATE 19-April, 1999 Title: President DATE 4/19/99
3
F F S I
FORD FINANCIAL SERVICES, INC.
EXHIBIT A
Page 1 of 5
Attached to and forming a part of the following documents: LEASE SCHEDULE
NUMBER 003 under that certain MASTER LEASE AGREEMENT NUMBER; B1060898SD dated
the 13TH day of AUGUST, 1998 Certificate of Acceptance and UCC-1 Financing
Statement to the referenced Lease Schedule, and any addenda thereto by and
between FORD FINANCIAL SERVICES, INC., as Lessor, and INTERACTIVE TELESIS, INC.,
as Lessee.
The Lease Schedule referenced above is incorporated herein by this
reference. All terms used herein which are defined in the Lease shall have the
same meaning herein.
Lessee is hereby instructed to contact the Supplier referenced below for
a description of any rights Lessee may have under the Supply Contract covering
the Equipment.
SUPPLIER QUANTITY EQUIPMENT DESCRIPTION MODEL NUMBER SERIAL NUMBER PURCHASE PRICE
-------- -------- --------------------- ------------ ------------- --------------
PARAGON 8 001-061 D/240SC-T1 Voice Board 3,950.00 31,600.00T
DT082440
DT082441
DT082442
DT082443
DT082444
DT082445
DT082446
DT082447
F&H Freight & Handling 122.00 122.00
Sales Tax 7.75% 2,449.00
DELL
| US English, Factory Install 412-6890
1 | America Online, CD and
| Documentation, US English,
| Not Factory Installed 420-0162
1 | Windows 98' CD for Inspiron
| 7000, Factory Install 430-0901
1 | 3COM 10/100, Cardbus LAN Card,
| FOR Dell Inspiron Notebooks,
| Factory Install 900-5330
1 | Portable Rapid Response,
| Initial Year, PCSS 900-5332
1 | Portable Rapid Response,
| 2 Year Extended, PCSS 412-0072
1 | MS Office Small Business
| Edition 97.2,
| CD & No Printed Material,
| US English, Factory Install 412-0524
1 | MS Office 2000 Small Business
| Upgrade Flyer, US, English 412-1398
1 | MS Bookshelf 99, CD & Documents
| US English, Factory Install,
| OEM Product
|
1 | Xxxxxxxx X000XX, Pentium II, 200-0917 3,940.00 3,940.00
| 15" XGA Active Matrix
| Display, Floppy Drive Included
1 | Port Replicator for all 310-0155
| Inspiron 7000, Factory Install
1 | Nylon Carrying Case, 310-0219
| Universal, Non-US for Dell
| Inspiron Notebookds, Packaged
| with System
1 | Dell Inspiron 7000 Setup Video 310-1221
| Packaged with System, Factory
| Install
4
EXHIBIT A
Page 2 of 5
EQUIPMENT MODEL SERIAL PURCHASE
SUPPLIER QUANTITY DESCRIPTION NUMBER NUMBER PRICE
-------- -------- ----------- ------ ------ --------
1 160MB SDRAM, 3DIMMs, Memory 311V0589
for Inspiron 7000,
Factory Install
1 56K Internal Modem, for 313-0195
Inspiron 7000, Factory Install
1 4XDVD + Floppy Drive and 313-0482
Internal MPEG-2 Decoder Card,
Inspiron 7000, Factory Install
1 ATI 8MB Video Card for 320-0061
Inspiron 7000,
Factory Install
1 14GB Hard Drive 17MM, 340-1804
Inspiron 7000, Factory Install
1 ConnectDirect 3.0,CD, 412-0200
1 1 Dell PowerEdge 4300 Redundant [Copy Illegible]. PIID. 220-3035 EX 20276.00 20276.00
400MHz Processor with 512K Cache
1 1 Logtec System Mouse w/ Driver Disks, Factory Install 310-0016
1 1 Rack Option, Rails for Dell PowerEdge 4300/6300, 310-0180
Factory Install
1 1 Keyboard, Factory Install 310-7002
1 1 8 Bay Hard Drive Backplane, 1.6" or 1.0", for Dell 311-0485
PowerEdge 6300, Factory Install
1 1 Dell PowerEdge 4300 400MHz, 512K Second Processor, 311-0605
Factory Install
1 1 1GB DRAM, 2 X 512MB DIMMs, Factory Install 311-0639
1 1 14/32X SCSI CD ROM, for Dell PowerEdge 4300/6300, 1st CD 313-0252
Option, Factory Install
1 1 Monitor Option - None 320-3316
1 1 1.44MB, 3.5" Floppy Drive, for Dell PowerEdge 4300/0000 000-0000
Factory Install
1 1 12/24GB DOS-3 Autoloader (192GB Total Capacity) Tape 340-0610
Backup for Dell PowerEdge 6300 Factory Install
1 1 PERC2 Four Channel RAID Card, 64MB Cache, One Channel to 340-1031
the Backplane, for Dell PowerEdge 4300/6300 Factory Install
1 1 18GB LVD SCSI Smart Hard Drive 10000RPM, for Dell 340-1113
PowerEdge 6300, Factory Install
1 1 18GB LVD SCSI Smart Hard Drive 10000RPM, for Dell 340-1113
PowerEdge 6300, Factory Install
1 1 18GB LVD SCSI Smart Hard Drive 10000RPM, for Dell 340-1113
PowerEdge 6300, Factory Install
1 1 18GB LVD SCSI Smart Hard Drive 10000RPM, for Dell 340-1113
PowerEdge 6300, Factory Install
1 1 Config #4, RAID 5, for Dell PowerEdge 4300 340-5948
Factory Install
1 1 READYWARE INSTALLATION FEE 365-1234
1 1 Backup Exec-Single Server Edition for NT (7.2) and 420-0184
Netware (8.0), Factory Install
1 1 Autoloader Software Option and Single Server Backup Exec 420-0187
7.2/8.0NW, for PowerEdge Servers, Factory Install
1 1 Intel Pro 100 Plus Ethernet Network Card. 430-0111
Factory Install
1 1 Intel Pro 100 Plus Ethernet Network Card. 430-0111
Factory Install
1 1 Microsoft NTS 4.0 on CD. 10 Client Access Licenses 430-2185
OEM Packaging, US Version, Factory Install
1 1 *SelectCare, Next Business Day On-Site Service, Initial 900-1300
Year, Wang
1 1 *SelectCare, Next Business Day On-Site Service, 2 Year 900-1302
Extended, Wang
1 1 Install NT Server as Primary Domain Controller 365-5615
1 1 *BusinessCare Initial Year, DirectLine - Advanced Network 900-4915
Operating System Phone Support Quantity 5 Resolutions
------SHIPPING/HANDLING CHARGE------
5
EXHIBIT A
Page 3 of 5
EQUIPMENT MODEL SERIAL PURCHASE
SUPPLIER QUANTITY DESCRIPTION NUMBER NUMBER PRICE
-------- -------- -------------------------------------------------------------- ------ ------ --------
8 8 Dell Dimension XP-3 X000XXXx Xxxxxxx II Processor at 450MHz 220-1480 EA 1827.00 14616.00
Minitower
8 8 Intelimouse. Factory install 310-0050
8 8 Thank you for choosing Dell. Included in your order is a 310-3180
Dell Mouse Pad.
8 8 Keyboard. Factory install 310-7002
8 8 256MB, 3DRAM Memory, Factory install 311-6377
8 8 No modem requested for Dell Dimension 313-3607
8 8 No Speaker Requested 313-4514
8 8 No Sound Requested 313-4515
8 8 32X Max. Variable CD-ROM Drive, Factory install 313-6500
8 8 Video ready option w/o monitor 320-5000
8 8 10MB 8TB nVideo TNT SD AGP Graphics Card Factory Install 320-3540
8 8 8.4GB Ultra ATA Hard Drive 5400RPM Factory Install 340-4882
8 8 3.5 144MB Floppy Drive, Factory Install 340-7016
8 8 Microsoft Internet Explorer v4.01., CD, English Factory Install 420-0155
8 8 Microsoft Windows NT, Workstation, 4.0, Factory Install 420-6111
8 8 3COM 3C905B Fast Etherlink XL 10/100 PCI NIC, Factory Install 430-3034
8 8 "SelectCare, [ILLegible copy], Next Business Day On-Site 900-1600
Service Contract, 83C"
8 8 "Next Business Day, Parts Delivery Service, Years 2 & 3 included 900-6112
8 8 MS Office Small Business Edition 97.2 412-0071
CD & No. Printed Manual, US English, Factory Install
8 8 MS Encarta Encyclopedia 99, CD & Doc. US English, Factory Install 412-0301
8 8 MS Office 2000 Small Business Upgrade Flyer, U.S. English 412-0524
********** SHIPPING/HANDLING CHARGE ********** 720.00
1 1 Inspiron P300LT, Pentium II 15"XGA Active Matrix Display, 220-0917 EA 3533.00 3533.00
Floppy Drive included
1 1 Part Replicator for all Inspiron 7000, Factory Install 310-0155
1 1 Nylon Carrying Case, Universal Non-US for Dell 310-0219
Inspiron Notebooks, Packaged with System
1 1 Dell Inspiron 7000 Setup Video Packaged with System Factory 310-1221
Install
1 1 1287MB SDRAM 2DiMMs, Memory for Inspiron 7000, Factory Install 310-1221
1 1 56K Internal Modem for Inspiron 7000. Factory Install 313-0195
0 0 0XXXX - Xxxxxx Xxxxx and Internal MPEG-2 Decoder Care, for 313-0381
Inspiron 7000. Factory Install
1 1 ATI 4MG Video Card for Inspiron 7000. Factory Install 320-0080
1 1 6.4GB Hard Drive 12.6MM, for Inspiron 7000, Factory Install 320-0060
1 1 ConnectDirect 3.0 CD. US English, Factory Install 412-0200
1 1 America Online, CD and Documentation, US English, 412-6890
Not Factory Installed
1 1 Windows '98 CD for Xxxxxxxx 0000, Factory Install 420-0182
1 1 3COM 10/100 Cardbus LAN Card. FOR Dell Inspiron Notebooks, 430-0901
Factory Install
1 1 "Portable Rapid Response" Initial Year PCSS 900-5330
1 1 "Portable Rapid Response" 2 Year Extended, PCSS 900-5332
1 1 MS Office Small Business Edition 97.2 412-0072
CD & No Printed Manual, US English, Factory Install
1 1 MS Xxxxxx 0000 Xxxxx Xxxxxxxx Xxxxxxx Xxxxx, XX English 412-0524
1 1 MS Bookshelf 99. CD & Documents US English. Factory Install, 412-1398
OEM Product
********** SHIPPING/HANDLING CHARGE ********** 35.00
1 1 Dell PowerEdge 2300 Base, PIID, 400MHz Processor with 512K 220-3172 EA 7697.00 7697.00
Cache
1 1 Logtec System Mouse w/Driver Disks, Factory Install 310-0016
1 1 Keyboard, Factory Install 310-7002
1 1 Dell Power Edge, Processor Terminator Card. Factory Install 311-0247
1 1 512MB RAM, 4 DIMMs, for Dell PowerEdge 2300, Factory Install 311-0440
1 1 1X6 Hot Pluggable Backplane for Dell PowerEdge 2300, 311-0446
Factory Install
6
EXHIBIT A
Page 4 of 5
Equipment Model Serial Purchase
SUPPLIER Quantity Description Number Number Price
1 1 14/32X SCSI CD-ROM, for Dell PowerEdge 2300, Black, 313-0264
Factory Install
1 1 Monitor Option-None 320-0058
1 1 Hard Drive Configuration #1, all On Board, Hard Drive 340-0543
Increasing Order, for Dell PowerEdge 2300, Factory Install
1 1 1.44MB Floppy Drive for Dell PowerEdge 2300, 340-0551
Factory Install
1 1 12/192GB DDS-3 Auto Loader for Dell PowerEdge 2300, Black, 340-0785
Factory Install
1 1 9.1GB LVD SCSI Hard Drive for Dell PowerEdge 2300 340-0931
Server, Factory Install
1 1 9.1GB LVD SCSI Hard Drive for Dell PowerEdge 2300 340-0931
Server, Factory Install
1 1 ReadyWare Factory Installation Service 365-1234
1 1 Backup Exec-Single Server Edition for NT (7.2) and 420-0184
NetWare (8.0), Factory Install
1 1 Autoloader Software Option and Single Server Backup Exec 420-0187
7.2/8.0NW for PowerEdge Servers, Factory Install
1 1 Intel Pro 100 Plus Ethernet Network Card, 430-0111
Factory Install
1 1 Microsoft NTS 4.0 on CD, 10 Client Access Licenses, 430-2185
OEM Packaging, US Version, Factory Install
1 1 *SelectCare, Next Business Day On-Site Service, Initial 900-1300
Year, Wang
1 1 *SelectCare, Next Business Day On-Site Service, 2 Year 900-1302
Extended, Wang
******** SHIPPING/HANDLING CHARGE ******** 90.00
3 3 VIEWSONIC E651.15* (14"VIS) SHADOW MASK MONITOR E651.2 37498-43 EA 183.95 551.85
******** SHIPPING/HANDLING CHARGE ******** 39.37
1 Dell PowerEdge 1300 Base, 220-0650 4,116.00 4,116.00
350MHz/512K Cache
1 Logitec System Mouse 310-0016
w/Driver Disks, Factory Install
1 Documentation, English, for Dell PowerEdge 1300, 310-0326
Factory Install
1 Keyboard, Factory Install 310-7002
1 256MB RAM, 2 DIMMs, for Dell PowerEdge 2300, 311-0437
Factory Install
1 Terminator Card, 100MHz, for Dell PowerEdge 1300, 311-0655
Factory Install
1 14/32X, CD-ROM, Internal, Black, for Dell PowerEdge 1300, 313-0360
Factory Install
1 Monitor Option-None 320-0058
1 9.1GB LVD Hard Drive, First, for Dell PowerEdge 1300, 340-1466
Factory Install
1 9.1GB LVD SCSI Hard Drive, Additional, 340-1469
for Dell PowerEdge 1300, Factory Install
7
EXHIBIT A
Page 5 of 5
Equipment Model Serial Purchase
SUPPLIER Quantity Description Number Number Price
1 9.1GB LVD SCSI Hard Drive, Additional, 340-1469
for Dell PowerEdge 1300, Factory Install
1 PERC2/SC Single Channel RAID Card, 16MB Cache, 340-1478
Cabled to the Backplane, for Dell PowerEdge 1300,
Factory Install
1 Hard Drive Configuration RAID 5, 340-1566
for Dell PowerEdge 1300, Factory Install
1 3.5", 1.44MB Floppy Drive, for Dell PowerEdge 1300, 340-1711
Factory Install
1 READYWARE INSTALLATION FEE 365-1234
1 No Operating System, Contains Utility Partition, 420-0136
1 Intel Pro 100 Plus Ethernet Network Card, 430-0111
Factory Install
1 SelectCare, Next Business Day On-Site Service, 900-1300
Initial Year, Wang
1 Next Business Day, Parts Delivery Service 900-5112
EQUIPMENT LOCATION:
INTERACTIVE TELESIS, INC.
000 XXXXXXXXX XXXX., XXXXX 000
XXXXXXXXX, XXXXXXXXXX 00000
LESSEE (Initial)
------------
LESSOR (Initial)
------------
