Vending Contracts sales leasing

SUVO SERVICES

VENDING DIVISION

2144 Freemansburg Avenue, Easton, Pennsylvania, 18042

Ph 610-509-2779 Full Vending Sales & Services Available 24 Hours Fax 610-252-6133

FOR SALE .25-cent GUM BALL MACHINES

Complete setup with the first gumball [ 800 ct] fill free. We do include the Complete setup with the first gumball [ 800 ct] fill free. SUVO Services - Vending Team pays all UPS shipping and setup costs of [ $87.20 value ]

Sales - Rental CONTRACT AND/OR EQUIPMENT LEASE

This Sales - Rental Contract and/or Equipment Lease (this "Lease") is made effective as of this date __________________2004, between Hal Moore - Owner of SUVO Services (the "Lessor/Seller"), 2144 Freemansburg Avenue, Easton, Pennsylvania, 18042, and

at, _________________________,_________________________, _________________________ __________, and states the agreement of the parties as follows:

EQUIPMENT SUBJECT TO: Sales Rental or LEASE. The Lessor/Seller shall sell/ rent / lease the equipment listed on the attached Exhibit "A".

This CONTRACT and PAYMENT TERMS between Lessor/Seller and Lessee/Buyer for the Sales or Rental or Equipment Lease / Purchase must be decided at Contract signing.

[ ] THIS CONTRACT PAYMENT TERMS is for Purchase. The Lessee/Buyer shall make initial deposit of $249.00 upon delivery & setup and pay Lessor/Seller 6 [six] additional monthly payments of $50.00 for each machine purchased from the Lessor/Seller, for a total amount of $549.00. [ $499.00 + $50.00 finance fee] All Payments shall be due on the tenth day of each Month, with the first payment due on _____________. All payments shall be due whether or not the Lessee/Buyer has received notice of a payment due.

PURCHASE TERMS. This Purchase Term shall begin on the above effective date. Upon receipt of final payment to Seller/Lessor, all property stated within this purchase terms will then be free and clear of any liens and encumbrances. A Bill of Sale will be issued. In the event that final payment is not received within 10 days of promised date to Seller/Lessor, Buyer/Lessee acknowledges and assumes all legal costs involved in collections to include any notary and court costs.

The above vending machine(s) property is sold on an "AS IS" basis. The Lessor/Seller makes no warranties, express or implied (except as specifically stated in this document). Lessee/Buyer has received all keys to the vending machine identified on “Attachment A” dated ___________.

[ ] This CONTRACT PAYMENT TERMS is for Rental / Lease. The Lessor shall make monthly payments of 10% of net profit of each machine to the Lessee, for a total amount of _$__________. Net Profit Payments shall be due on the tenth day of each Month, with the first payment due on __________________. The 10% net profit payments shall be due whether or not the Lessor has received notice of a payment due. The Lessor must disclose what the total profit is per machine each month.

LEASE TERM. This Lease shall begin on the above effective date and shall terminate on ________________, unless otherwise terminated in a manner consistent with the terms of this Lease.

LOCATION AND DELIVERY OF EQUIPMENT. The equipment shall be delivered by Lessor or Lessor agent and physically placed in location, which is located at ______________________________, [address] _________________________________, _________________________ __________, during the lease term, and shall not be removed from that location without the Lessor's prior written consent.

CARE AND OPERATION OF EQUIPMENT. The equipment may only be used and operated in a careful and proper manner. Its use must comply with all laws, ordinances, and regulations relating to the possession, use, or maintenance of the equipment, including registration and/or licensing requirements, if any.

ALTERATIONS. Lessee shall make no alterations to the equipment without the prior written consent of the Lessor. All alterations shall be the property of the Lessor and subject to the terms of this Lease.

MAINTENANCE AND REPAIR. The Lessor shall maintain at the Lessor's cost, the equipment in good repair and operating condition, allowing for reasonable wear and tear. Such costs shall include labor, material, parts, and similar items.

LESSOR'S RIGHT OF INSPECTION. The Lessor shall have the right to inspect the equipment during Lessee's normal business hours.

RETURN OF EQUIPMENT. At the end of the Lease term, the Lessee shall be obligated to return the equipment to the Lessor at the Lessor's expense. The Lessor reserves the right to have the equipment returned in the condition it was delivered to the Lessee.

ACCEPTANCE OF EQUIPMENT. The Lessee shall inspect each item of equipment delivered pursuant to this Lease. The Lessee shall immediately notify the Lessor of any discrepancies between such item of equipment and the description of the equipment in the Equipment Schedule. If the Lessee fails to provide such notice in writing within 10 day(s) after the delivery of the equipment, the Lessee will be conclusively presumed to have accepted the equipment as specified in the Equipment Schedule.

OWNERSHIP AND STATUS OF EQUIPMENT. The equipment will be deemed to be personal property, regardless of the manner in which it may be attached to any other property. The Lessor shall be deemed to have retained title to the equipment at all times, unless the Lessor/Seller transfers the title by sale. The Lessee shall immediately advise the Lessor regarding any notice of any claim, levy, lien, or legal process issued against the equipment. Lessor has the legal right to pick up equipment in the event of Lessee declares bankruptcy or notice of closure.

WARRANTY. The Lessor warrants that the above property is in good working condition, but makes no further warranties, express or implied.

RISK OF LOSS OR DAMAGE. The Lessee assumes all risks of loss or damage to the equipment from any cause, and agrees to return it to the Lessor in the condition received from the Lessor, with the exception of normal wear and tear, unless otherwise provided in this Lease.

INDEMNITY OF LESSOR FOR LOSS OR DAMAGES. Unless otherwise provided in this Lease, if the equipment is damaged or lost, the Lessor shall have the option of requiring the Lessee to repair the equipment to a state of good working order, or replace the equipment with same or like equipment in good repair, which equipment shall become the property of the Lessor and subject to this Lease.

LIABILITY INSURANCE. The Lessor shall be responsible for maintaining liability insurance regarding the equipment.

CASUALTY INSURANCE. The Lessor shall be responsible to maintain casualty insurance with respect to loss or damage of the equipment.

DEFAULT. The occurrence of any of the following shall constitute a default under this Lease /Sale:

A. The failure to make a required 10% net profit payment under this Lease when due to Lessee.

B. The Lessee/Buyer failure to make initial deposit of $249.00 upon delivery & setup and pay Lessor/Seller 6 [six] additional monthly payments of $50.00 for each machine purchased from the Lessor/Seller, for a total amount of $549.00. [ $499.00 + $50.00 finance fee]

D. The violation of any other provision or requirement that is not corrected within 10 day(s) after written notice of the violation is given.

F. The subjection of any of Lessee's property to any levy, seizure, assignment, application or sale for or by any creditor or government agency.

RIGHTS ON DEFAULT. In addition to any other rights afforded the Lessor by law, if the Lessee is in default under this Lease, without notice to or demand on the Lessee, the Lessor may take possession of the equipment as provided by law, deduct the costs of recovery (including attorney fees and legal costs), repair, and related costs, and hold the Lessee responsible for any deficiency. The rights and remedies of the Lessor provided by law and this Agreement shall be cumulative in nature. The Lessor shall be obligated to re-lease the equipment, or otherwise mitigate the damages from the default, only as required by law.

NOTICE. All notices required or permitted under this Lease shall be deemed delivered when delivered in person or by mail, postage prepaid, addressed to the appropriate party at the address shown for that party at the beginning of this Lease.

ASSIGNMENT. The Lessee shall not assign or sublet any interest in this Lease or the equipment or permit the equipment to be used by anyone other than the Lessee or Lessee's employees, without Lessor's prior written consent.

ENTIRE AGREEMENT AND MODIFICATION. This Lease constitutes the entire agreement between the parties. No modification or amendment of this Lease shall be effective unless in writing and signed by both parties. This Lease – Purchase agreement replaces any and all prior agreements between the parties.

GOVERNING LAW. This Lease shall be construed in accordance with the laws of the State of Pennsylvania.

SEVERABILITY. If any portion of this Lease shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable. If a court finds that any provision of this Lease is invalid or unenforceable, but that by limiting such provision, it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited.

WAIVER. The failure of either party to enforce any provision of this Lease shall not be construed as a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Lease.

CERTIFICATION. Lessee certifies that the application, statements, trade references, and financial reports submitted to Lessor are true and correct and any material misrepresentation will constitute a default under this Lease.

ARBITRATION. Any controversy or claim relating to this Lease, including the construction or application of this Lease, will be settled by binding arbitration under the rules of the American Arbitration Association, and any judgment granted by the arbitrator(s) may be enforced in any court of proper jurisdiction.