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4. Representations, Warranties and Covenants. Lessee hereby represents, warrants <br /> and covenants that its representations, warranties and covenants set forth in the Master <br /> Equipment Lease are true and correct as though made on the date of commencement of Rental <br /> Payments on this Schedule. Lessee further represents and warrants that(a) no material adverse <br /> change in Lessee's financial condition has occurred since the date of the Master Equipment <br /> Lease; and (b) the governing body of Lessee has authorized the execution and delivery of this <br /> Agreement and the Leases pursuant to City Council Agenda Report , approved <br /> on August 16, 2011 <br /> 5. The Lease. The terms and provisions of the Master Equipment Lease(other than <br /> to the extent that they relate solely to other Schedules or Equipment listed on other Schedules) <br /> are hereby incorporated into this Schedule by reference and made a part hereof. <br /> 6. Acquisition Amount. The Acquisition Amount for the Equipment described in this <br /> Schedule to be paid to the Vendor is $102,371.25. <br /> 7. Lease Term. The Lease Term shall consist of the Original Term and 5 <br /> consecutive Renewal Terms, with the final Renewal Term ending on November 8, 2016. <br /> 8. Purchase Option Commencement Date. For purposes of Section 10.01 of the <br /> Lease, the Purchase Option Commencement Date is May 8, 2014. <br /> 9. Pre-Payment Premium. After the first 30 months of the Lease, Lessee may have <br /> the right to prepay the lease on any rental payment date for a premium of 1%of the then <br /> outstanding balance. <br /> #219845v12(Gov't Entity Master Lease) B-1-2 <br />