Schedule 3.1.5 Payment Schedule for Purchase Agreement

Summary

This document outlines a payment schedule related to a purchase agreement, specifying the dates and amounts to be paid from the closing date through June 2014. Payments are made monthly, with the first payment due at closing and subsequent payments due on the first business day of each month. The schedule details the incremental amounts and the cumulative purchase price to be paid by the buyer over the term of the agreement.

EX-10.13 4 f8k062711ex10xiii_suspect.htm SCHEDULE 3.1.5 - PAYMENT SCHEDULE f8k062711ex10xiii_suspect.htm
Exhibit 10.13
Schedule 3.1.5
Payment Schedule

The following table is an illustrative example of the payment schedule assuming the Closing Date is between July 1, 2011 and July 31, 2011, and assuming that the first (1st) day of each month is a Business Day. In the event such first (1st) day of any month in the table below, is not a Business Day, the first day after such date which is a Business Day, will be the payment date for such month.
 
Payment Date
Amount of Purchase Price
Aggregate Purchase Price to be paid as of such date
Closing Date
$69,405.12
$69,405.12
01/09/2011
$32,502.33
$101,907.45
01/10/2011
$32,502.33
$134,409.78
01/11/2011
$32,502.33
$166,912.11
01/12/2011
$32,502.33
$199,414.44
01/01/2012
$32,502.33
$231,916.77
01/02/2012
$32,502.33
$264,419.10
01/03/2012
$32,502.33
$296,921.43
01/04/2012
$32,502.33
$329,423.76
01/05/2012
$32,502.33
$361,926.09
01/06/2012
$32,502.33
$394,428.42
01/07/2012
$32,502.33
$426,930.75
01/08/2012
$32,502.33
$459,433.08
01/09/2012
$32,502.33
$491,935.41
01/10/2012
$32,502.33
$524,437.74
01/11/2012
$32,502.33
$556,940.07
01/12/2012
$32,502.33
$589,442.40
01/01/2013
$32,502.33
$621,944.73
01/02/2013
$32,502.33
$654,447.06
01/03/2013
$32,502.33
$686,949.39
01/04/2013
$32,502.33
$719,451.72
01/05/2013
$32,502.33
$751,954.05
01/06/2013
$32,502.33
$784,456.38
01/07/2013
$32,502.33
$816,958.71
01/08/2013
$32,502.33
$849,461.04
01/09/2013
$32,502.33
$881,963.37
01/10/2013
$32,502.33
$914,465.70
01/11/2013
$32,502.33
$946,968.03
01/12/2013
$32,502.33
$979,470.36
01/01/2014
$32,502.33
$1,011,972.69
01/02/2014
$32,502.33
$1,044,475.02
01/03/2014
$32,502.33
$1,076,977.35
01/04/2014
$32,502.33
$1,109,479.68
01/05/2014
$32,502.33
$1,141,982.01
01/06/2014
$32,517.99
$1,174,500.00