Lease No. 15, entered into June 10, 2021, is an attachment to Master Lease No. 2017389 dated August 15, 2017 by and between First American Commercial Bancorp, Inc. and SigmaTron International, Inc

Contract Categories: Real Estate - Lease Agreements
EX-10.1 2 sgma-20210731xex10_1.htm EX-10.1 Exhibit 101 FA 15

Exhibit 10.1





EQUIPMENT SCHEDULE No. 15





 

 

 

 

 

 

 



 

 

 

 

 

 

 

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:  Carretera Presa La Amistad KM 6.5 y Camino A Santa Eulalia, Acuña, Coahuila, Mexico 26230

Quality

Description

SIPLACE SMT Assembly System (Part No. 520502) including (2) SIPLACE SX2 Placement Machine ), (2) 94-Millimeter Magnetpins, (2) 2nd Level Reel Container, (2) Multi-Frame Tape Splice Gripper, Multi-Frame Splice Clips, 8-Millimeter Blue Tape Connector, 12-Millimeter Blue Tape Connector, 16-Millimeter Blue Tape Connector, 24-Millimeter Blue Tape Connector, Nozzle Set for C+P20P, Service Box Nozzle with Copper Head, Head Exchange Kit for CPx, Head Exchange Kit for CPP, Head Exchange Kit for CP20P2, Head Maintenance Kit for CPx, Head Maintenance Kit for CPP, Head Maintenance Kit for CP20P2, Filter Disc for CPP, Filter Disc for C+P20, (50) SmartFeeder 2-Millimeter x 8-Millimeter Xi Splice, (9) SmartFeeder 8-Millimeter Xi Splice, (8) SmartFeeder 12-Millimeter X Splice Sensor, (8) SmartFeeder 16-Millimeter X Splice Sensor, (4) SmartFeeder 24-Millimeter X Splice Sensor, SmartFeeder 32-Millimeter X Splice Sensor, SmartFeeder 44-Millimeter X Splice Sensor, SmartFeeder 88-Millimeter X Splice Sensor, Single Slot Energy Interface X-Feeder, (2) Stick Magazines Feeder Module Type III, (2) Feeder Adapter X-Series, (2) Long Component Magazine SO6/SO8, (2) Long Component Magazine SO14/SO16, Tray Holder SX-Series, Line Operations Machine Connection, EDM Line License V3, (2) Explorer Station Connection, (2) Traceability Station Connection, Process Data Interface, Mobile Touch Computer, SQL2017 Processor, Line Utility Box, Symmedia Plug, (2) ASM Works Core, (8) SmartFeeder 12-Millimeter Splice Sensor, and CPP Nozzle Changer

Serial Number:    R089G-12046522, R090G-12046522

Dell PowerEdge R740 Server System (Part No. 20059) including Intel Xeon Gold Quad Core 5222 3.8GHz Processor, 32GB Memory, 1.2TB Hard Drive, Windows 10 Professional 64-bit Operating System, Dell 19-Inch Monitor, Dell Client Precision Workstation System, and Dell UltraSharp 24-Inch Monitor

Serial Number:     ###-###-####

Freight

 This Equipment Schedule No. 15 dated June 10, 2021 (“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.









 

 

Base Lease Term

42 Months

Lessee shall pay Lessor a nonrefundable advance rental payment in the amount of  $17,338.75 which is applied to the last payment due under the Lease. Billing is monthly.

Monthly Rental Payment

$17,338.75, plus applicable taxes





 

 

 

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

June 9, 2021

Title:

Vice President

Date:

June  10, 2021