INSTALLMENT PAYMENT AGREEMENTPayment Agreement • November 21st, 2006 • Ciber Inc • Services-computer programming services
This INSTALLMENT PAYMENT AGREEMENT (“IPA”) is entered into this 16th day of November 2006 by and between WELLS FARGO EQUIPMENT FINANCE, INC. (“Payee”) and CIBER, Inc.. This IPA constitutes a discreet financing agreement, and is separate and distinct from the Product Agreement. Customer authorizes and requests Payee to remit the sum of $4,528,483.26 (the “Loan Amount”) to Licensor on account of Customer’s payment obligations to Licensor under the above Product Agreement, and in consideration of remitting the Loan Amount, Customer unconditionally agrees to pay the following amounts, on or before the following dates, to the order of Payee:
