PART I. FINANCIAL INFORMATION
EX-10.244 5 p68447exv10w244.txt EX-10.244 Exhibit 10.244 EQUIPMENT SCHEDULE NO. 3, dated September 8, 2003, to Master Lease Agreement, dated March 31, 2003, between THE CIT GROUP/EQUIPMENT FINANCING, INC. ("Lessor") and Meadow Valley Contractors, Inc. ("Lessee"). This Equipment Schedule incorporates the terms and conditions of the above-referenced Master Lease Agreement. This is Originally Executed Copy No. 1 of 1 originally executed copies. Only transfer of possession by Lessor of Originally Executed Copy No. 1 shall be effective for purposes of perfecting an interest in this Schedule by possession. The Equipment listed on this Schedule will be located at 4411 S. 40th Street Phoenix Maricopa AZ 85040 - -------------------------------------------------------------------------------- Address City County State Zip Code LEASE TERM: The terms of this Lease for the items described in this Schedule shall be 60 months. RENTALS: For said term or any portion thereof, Lessee shall pay to Lessor the stated aggregate rentals, of which $ is herewith paid in advance and the balance of the rentals is payable in 60 equal, successive, monthly payments as stated, of which the first is due on the first monthly rental date set forth below, and the others on a like date of each month thereafter, until fully paid. Item Description of Equipment Aggregate Monthly No. (Include make, kind of unit, Rental Rental year, model and serial number.) - -------- ------------------------------------------------------ ----------- -------- One (1) Caterpillar Model 623F Scraper, S/N 6BK00104 234,917.40 3,915.29 - -------- ------------------------------------------------------ ----------- -------- And all additions, substitutions, attachments, replacements and accessions - -------- ------------------------------------------------------ ----------- -------- thereof, plus the proceeds of all the foregoing. - -------- ------------------------------------------------------ ----------- --------
Item Date Lease Term Date of First Renewals Purchase No. Commences Monthly Rental (No. of Years and Option Amount per Year) Price - -------- ---------------------------- ------------------ ----------------- -------- N/A 1.00 - -------- ---------------------------- ------------------ ----------------- --------
Page 1 of 2 Exhibit 10.244 The Lease term commences on 9-9-03 Funded Date The first Monthly Rental is due on 10-9-03 The Lease term may be renewed for - months with the Monthly Rental for such renewal term of N/A The Lessee has the option to purchase the Equipment as of the last day of the initial Lease term for $1.00 Special Provisions Instructions ACCEPTED: LESSEE: Meadow Valley Contractors, Inc. By /s/ Clint Tryon Title Sec / Treas. --------------- ---------------- LESSOR: The CIT Group/Equipment Financing, Inc. - -------------------------------------------- By Title --------------- ---------------- Page 2 of 2
