Lease No. 13, entered into November 18, 2020, is an attachment to Master Lease No. 2017389 dated August 15, 2017 by and between First American Commercial Bancorp, Inc. and SigmaTron International, Inc
Exhibit 10.1
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| EQUIPMENT SCHEDULE No. 13 |
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| Lessee: SIGMATRON INTERNATIONAL, INC. | ||||||||||||
| Street Address: 2201 Landmeier Road | City: Elk Grove Village | State: IL | County: Cook | Zip: 60007 | ||||||||
| Contact: Michelle Laguna | Telephone: (847) 640-4397 | |||||||||||
| Equipment Location: 30000 Elgenbrodt Way, Union City, CA 94587 | ||||||||||||
| Quality | Description | |||||||||||
| 2 | Lab Pro Inc. 31-350ERS 10.6-Cubic Foot 115-Volt Digital Bench Oven (Part No. LP-31-350ERS) including Storage Cabinet, Programmable 7-Day On/Off Timer, High Limit Back-Up Safety Digital Control, (2) Wire Shelf, and (2) Shelf Support Structure Serial Number: B33ERS-00248, B33ERS-00249 | |||||||||||
| 1 | BTU International, Inc. Pyromax 150 N12 480-Volt 3W Convection Oven (Part No. 20 FUR PY 150N12) Serial Number: STIC-3C D58584 | |||||||||||
| 1 | Fuji American Corporation AIMEX DX R1.3 DynaHead Nozzle System Serial Number: SE0135464 | |||||||||||
| 1 | Fuji American Corporation AIMEX V12 R1.2 Head System Serial Number: SE0123496 | |||||||||||
| 1 | Various Accessories provided by Fuji American Corporation as further described on Quote SIG_SUMMARY_R16 | |||||||||||
| 7 | Innovative Equipment Technology, Inc. 28-Inch by 39-Inch Heavy Duty Dual Station Work Stations including Chain Conveyor Overhead Light, 2 Positions, 3 Sensors, and 2-Year Parts and Labor Warranty Serial Number: FCA202006013, FCA202006014, FCA202006015, FCA202006016, FCA202006017, FCA202006018, FCA202006020 | |||||||||||
| 1 | Olamef USA, Motorized TP6/V-PR/1 Cut, Bend, and Form Machine (Part No. TP6/V-PR/1-M) including BR6 Reel Holder Serial Number: 311266 | |||||||||||
| 1 | Sales Tax | |||||||||||
| 1 | Tariff Charge | |||||||||||
| 1 | Freight | |||||||||||
| This Equipment Schedule No. 13 dated November 19, 2020 (“Equipment Schedule”) incorporates the terms and conditions of that certain Master Lease No. 2017389 dated August 15, 2017 (“Master Lease”) by and between FIRST AMERICAN COMMERCIAL BANCORP, INC. (“Lessor”) and SIGMATRON INTERNATIONAL, INC. (“Lessee”) (the Equipment Schedule and Master Lease as incorporated therein, the “Lease”). Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the above-described items of Equipment for the Lease Term and on terms and conditions set forth herein. In the event of any conflict between the terms of the Master Lease and the terms of this Equipment Schedule, the terms of this Equipment Schedule shall prevail. If applicable, for purposes of this Equipment Schedule and all ancillary documents, the terms defined in the Master Lease as “Delivery Order and Acceptance Certificate” and “Authorization Date” are hereby revised to be “Delivery and Acceptance Certificate” and “Acceptance Date,” respectively. | ||||||||||||
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| Base Lease Term 42 Months | Lessee shall pay Lessor a nonrefundable advance rental payment in the amount of $16,819.02 which is applied to the last payment due under the Lease. Billing is monthly. | Monthly Rental Payment $16,819.02, plus applicable taxes | ||||||||||
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| Accepted by Lessee: SIGMATRON INTERNATIONAL, INC. | Accepted by Lessor: FIRST AMERICAN COMMERCIAL BANCORP, INC. | ||
| By: /s/ Linda K. Frauendorfer | By: /s/ Mike Bennett | ||
| Name: Linda Frauendorfer | Name: Mike Bennett | ||
| Title: Chief Financial Officer | Date November 18, 2020 | Title: Vice President | Date: November 19, 2020 |
