Lease No. 7, entered into October 17, 2018, is an attachment to Master Lease No. 2017389 dated August 15, 2017 by and between First American Commercial Bancorp, Inc. and SigmaTron International, Inc

EX-10.1 2 sgma-20181031xex10_1.htm EX-10.1 Exhibit 10.1 FA 7

Exhibit 10.1















EQUIPMENT SCHEDULE No. 07





 

 

 

 

 

 

 

Lessee

SIGMATRON INTERNATIONAL, INC.

Equipment Location

SIGMATRON INTERNATIONAL, INC.

 

Street Address

2201 Landmeier Road

 

Street Address

2201 Landmeier Road

 

City

Elk Grove Village

 

State

IL

County

Cook

Zip Code

60007

City

Elk Grove Village

 

 

State

IL

County

Cook

Zip Code

 60007

 

Contact

Michelle Laguna

 

Telephone

(847) 640-4397

Contact

Michelle Laguna

Telephone

(847) 640-4397





Equipment:

Please see “Exhibit A” attached hereto and made a part hereof.





This Equipment Schedule No. 07 dated October 17, 2018 (“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

48 Months

Lessee shall pay Lessor a nonrefundable advance rental payment in the amount of  $3,127.43 which is applied to  the last payment due under the Lease. Billing is monthly.

 

Monthly Rental Payment

$3,127.43,  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

October 16, 2018

Title

Vice President

Date

October 17, 2018