AMENDMENT TO SCHEDULE DATED AS OF 08/29/2005 TO MASTER LEASE AGREEMENT DATED AS OF 6/24/2003 INTERNAL CONTRACT REFERENCE NUMBER ###-###-####

EX-10.3 5 v091810_ex10-3.htm
EXHIBIT 10.3
 
GE Healthcare Financial Services



AMENDMENT TO SCHEDULE DATED AS OF 08/29/2005
TO MASTER LEASE AGREEMENT DATED AS OF 6/24/2003
INTERNAL CONTRACT REFERENCE NUMBER 8539077

This is an Amendment dated as of 10/15/2007 to the Schedule and Master Lease Agreement referenced above between General Electric Capital Corporation (“Lessor”) and The Sagemark Companies, LTD. (“Lessee’).

The Term of Schedule and Monthly Installment Sections are hereby amended as follows:
 
Original - Term Of Schedule: 84 Months

Amended - Term of Schedule: 87 Months 
 
Original - Monthly Installment: 5 Months @ $0.00, 6 Months @ $17,000.00, 73 Months @ $34,446.40; plus applicable taxes
 
Amended - Monthly Installment: 5 Months @ $0.00, 6 Months @ $17,000.00, 8 Months @ $34,446.40, 3 Months @ $12,984.30 (interest only), 65 Months @ $34,446.40; plus applicable taxes
 
 
EXCEPT AS PROVIDED IN THIS AMENDMENT, ALL OTHER TERMS AND CONDITIONS OF THE ABOVE REFERENCED SCHEDULE REMAIN IN FULL FORCE AND EFFECT AS ORIGINALLY WRITTEN.

Lessor:
Lessee:
   
General Electric Capital Corporation
The Sagemark Companies, LTD.
   
By: /s/ David Handke
By: /s/ George W. Mahoney
   
Print Name: David Handke
Print Name: George W. Mahoney
 
 
Title: Duly Authorized Signatory
Title: Chief Financial Officer