AMENDMENT TO SCHEDULE DATED AS OF 02/12/2006 TO MASTER LEASE AGREEMENT DATED AS OF 06/24/2003 INTERNAL CONTRACT REFERENCE NUMBER ###-###-####-003
EX-10.5 7 v091810_ex10-5.htm
EXHIBIT 10.5
 | GE Healthcare Financial Services |
AMENDMENT TO SCHEDULE DATED AS OF 02/12/2006
TO MASTER LEASE AGREEMENT DATED AS OF 06/24/2003
INTERNAL CONTRACT REFERENCE NUMBER 8541217-003
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 @ $18,452.64, 1 Month @ $38,670.80, 72 Months @ $38,670; plus applicable taxes
Amended - Monthly Installment: 5 Months @ $0.00, 6 Months @ $18,452.64, 4 Month @ $38,670.80, 3 Months @ $16,081.69 (Monthly Interest Payment), 69 Months @ $38,670.80; 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 |
