0001029869-99-000373 Sample Contracts

RECITALS
Epix Medical Inc • March 31st, 1999 • In vitro & in vivo diagnostic substances
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Epix Medical Inc • March 31st, 1999 • In vitro & in vivo diagnostic substances

Reference is made to a Master Equipment Lease Agreement dated as of June 24, 1997 by and between Lender as "Lessor" and Borrower as "Lessee" (the "Master Lease") pursuant to which Lender has financed the lease of various equipment to Borrower (collectively, the "Leases"). Borrower hereby acknowledges that the Master Lease and the Leases constitute finance leases and that Borrower holds title to all machinery, equipment and any and all other goods and property

BACKGROUND
Epix Medical Inc • March 31st, 1999 • In vitro & in vivo diagnostic substances
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