S-1550 - 10/23/2018 - AGREEMENT - Ordinances Exhibits 1
REVIEW OF CONTRACTS
Awarding A ency: ^ T pe of Contr ct
Department: Program/Acc unt Number:
Awarded Contract Price: Budgeted Amount:
[� Under $24,000 0 $500,001 - $1,000,000
(� $20,000 - $500,000 Over $1,000,000
Name: Date: jC !�
Name: Date: 14 17
Name: Date:
Name: Date:
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Three (3) Originals signed by other party Date/InitialsJX MI ,ICK
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Original provided to staff member for other party Date/Initials Original provided to Official Files Date/Initials
Village of Oak Brook I Approved by Board of Trustees- DatelInitials:
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FLEET MANAGEMENT
MASTER EQUITY LEASE AGREEMENT
This Master Equity Lease Agreement Is entered into this.3/711' day of QG V0,d# - ,by and between Enterprise FM Trust,a Delaware statutory trust
("Lessor"),and the lessee whose name and address is set forth on the signature page below("Lessee").
i. LEASE OF VEHICLES: Lessor hereby losses to Lessee and Lessee hereby leases from Lessor the vehicles(indhriduelly,a"Vehicle"and collectively,the
'Vehicles")described In the schedules from time to time delivered by lessor to Losses as ad forth below("Schedule(s)")for the rentals and on the terms set forth
In this Agreement and In the applicable Schedule, References to this"Agreement"shall include this Master Equity Lease Agreement and the various Schedules
and addenda to this Master Equity lease Agreement. Lessor will,on or about the date of dolivery of each Vehicle to Lessee,sand Lessee a Schedule covering the
Vehicle,which will include,among other things,a description of the Vehicle,the lease term and the monthly rental and other payments due with respect to the
Vehicle. The terms contained In each such Schedule will be binding on Lessee unless Lessee objects In writing to such Schedule within ten(10)days after the
date of delivery of the Vehicle covered by such Schedule.Lessor Is the sob legal owner of each Vehicle. This Agreement is a lease only and Lessen will have no
right,titre or interest In or to the Vehicles except for the use of the Vehicles as described In this Agreement. This Agreement shall be treated as a true lease for
faderal and applicable able income tax purposes with Lessor having an benefits of ownarahip of the Vehicles.It Is understood and agreed that Enterprise Fleot
Management,lets.or an affiliate thereof(together with any subservicar,agent,successor or assign as servicar on behalf of Lessor,"Servicer")may administer
this Agreement on behalf of Lessor and may perform the service functions herein provided to be performed by Lessor.
2. TERM: The term of this Agreement("Term")for each Vehicle begins on the date such Vehicle Is delivered to Lessee(the'Delivery Dete")and,unless
terminated earlier in accordance with the terms of this Agreement,continues for the"Lease Term"as described in the applicable Schedule.
3, RENT AND OTHER CHARGES:
(a) Lessee agrees to pay Lessor monthly rental and other payments according to the Schedules and this Agreement. The monthly payments will be In the
am m-d listed as the'Total Monthly Ratal lnduding Additional Services"on the applicable Sd»durle(wb any portion of such amount Identified as a charge for
maintenance servkes under Section 4 of the applicable Schedule being payable to Lessor as agent for Enterprise Fleet Management,Inc.)and will be due and
payable In advance on the first day of each month. If a Vehicle Is delivered to Lessee on any day other than the first day of a month,monthly rental payments will
begin on the first day of the next month. In addition to the monthly renal payments,Lessee agrees to pay Lesaar a pro-rated rental charge for the number of days
that the Delivery Date precedes the first monthly rental payment date. A portion of each mw"rental payment,bong the amount designated as'Depredation
Reserve"on the applicable Schedule,will be considered as a reserve for depreciation and will be credited against the Delivered Price of the Vehicle for purposes
of computing the Book Value of the Vehicle under Section 3(c). Lessee agrees to pay Lessor the`Total Initial Charges"set forth In each Schedule on the due date
of the first monthly rants!payment under such Schedule.Lessee agrees to pay Lessor the`Service Charge Due at Lease Twmkmtlon"set forth in each Schedule
at the and of the applicable Term(whether by reason of expiration,early termination or otherwise).
(b) In the event the Tom for any Vehicle ends prior to the last day of the scheduled Term,whether as a result of a default by Lessee,a Casualty Occurrence
or any other reason,the rentals and management fees paid by Lessee will be recakvlated in accordance with the rule of 78's and the adjusted amount will be
payable by Lessee to Lessor on the termination data.
(c)Lessee agrees to pay Lessor within thMy(30)days after the end of the Term for each Vehicle,additional rent equal to the excess,if any,of the Book Value
of such Vehicle over the greater of(1)the wholesale value of such Vehicle as determined by Lessor in good faith or(0)except as provided below,twenty percent
(20%)of the Delivered Price of such Vehicle as set forth in the applicable Schedule. if the Book Vokue of such Vehicle Is less than the greater of(1)the wholesale
value of such Vehkle as determined by Lessor in good faith or(il)except as provided below,twenty percent(20%)of the Delivered Price of such Vehicle as
set forth in the applicable Schedule.Lessor agrees to pay such deficiency to Leasee as a Isrminal rental adjustment within thirty(30)days after the end of the
applicable Term. Notwithstanding the foregoing,It(t)the Term for a Vehicle is greater than forty-olght(40)months(inckiding any extension of the Term for such
Vehicle),(ii)the mileage on a Vehicle at the and of the Term is greater than 15,000 miles per year on average(prorated on a dally basis)(i.e.,If the mileage on a
Vehicle with a Term of tNrty-six(36)months is greater than 45,000 miles)or(Iii)in the sole judgment of Lessor,a Vehicle has been subject to damage or any
abnormal or excessive wear and tear,the calculations described in the two Immediately{receding sentences shall be made without giving effect to clause(ii)In
each such sentence.The"Book Value"of a Vehicle means the sum of(t)the"Delivered Price"of the Vehicle as set forth in the applicable Schedule minus(ii)the
total Depreciation Reserve paid by Lessee to Lessor with respect to such Vehicle plus(iii)all accrued and unpaid rent andtor other amounts owed by Lessee with
respect to such Vehicle.
(d) Any security deposit of Lessee will be returned to Lessee at the and of the applicable Term,except that the deposit will first be applied to any losses and{
or damages suffered by Lessor as a result.of Lessee's breach of or default under this Agreement and/or to any other amounts then owed by Lessee to Lessor.
(e) Any rental payment or other amount owed by Losses to Lessor which Is not paid within twenty(20)days after its due date will accrue Interest,payable
on demand of Lessor.from the data due until paid In full at a rate per annum squat to the lesser of(1)Elghteen Percent(16%)per annum or 01)the highest rate
permitted by applicable taw(the"Default Rate").
(f) If Lessee fails to pay arty amount due under this Agreement or to comply with any of the covenants contained in this Agreement,Lessor,Servicer or any
other agent of Lessor may,at its option,pay such amounts or perform such covenants and all sums paid or Incurred by Lessor In connection therewith will be
repayable by Lome to Lessor upon demand together with interest thereon at the Default Rate.
Initials: EF Customer
(g) Lessee's obligations to make all payments of rent aril other amounts under this Agreement are absolute and unconditional and such payments shall be
made in immediately available funds without setoff,countercWm or deduction of any kind.Lessee acknowledges and agrees that neither any Casualty Occurrence
to any Vehicle nor any defect unfitness or lack of governmental approval in.of,or with respect to,arty Vahkk regardim of the cause or consequence nor
any breach by Enterprise Fleet Management,Inc.of any maintenance agreement between Enterprise Fleet Management,Inc.and Lessee covering any Vehicle
regardless of the cause or consequence will ralleve Lessee from the performance of arty of its obligations under this Agreement,including,without limitation,the
payment of rent and other amounts under this Agreement.
4, USE AND SURRENDER OF VEHICLES: Lessee agrees to agow only duly authorized,licensed and Insured drivers to use and operate the Vehicles. Lessee
agneas to comply with,and cause its drivers to comply with,all laws,statutes,rules,regulations and ordinances and the provisions of all insurance paticles
affecting or covering the Vehicles or their use or operation.Lessee agrees to keep the Vehicles free of alt liens,charges and encumbrances. Lessee agrees that
in no event will any Vehicle be used or operated for transporting hazardous substances or persons for hire,for any illegal purpose or to pull trailers that exceed
the manufacturer's trailer WwkV recommendations. Leasee agrees that no Vehicle Is intended to be or will be utilized as a"sdool bus"as defined in the Code of
Federal Regulations or any applicable state or municipal statute or regulation. Less"agrees not to remove any Vehicle from the continental United States without
first obtaining lessor's written corsent.At the expiation or earlier termination of this Agreement with reaped to each Vehicle,or upon demand by Lessor made
pursuant to Section 14,Lessee at its risk and expense agrees to return such Vehicle to Lessor at such place and by such reasonable means as may be designated
by Lessor. If for any reason Lessee fails to return any Vehicle to Lessor as and when required In accordance with this Section,Lessee agrees to pay Lessor
additional rent for such Vehicle at twice the normal pro-rated daily rent. Acceptance of such additional rent by Lessor will in no way limit Lessor's remedies with
respect to Lessee's faire to return any Vehicle as required hereunder.
5. COSTS,EXPENSES,FEES AND CHARGES: Lessee agree to pay all costs,expanses,few,charges,tines,tickets,penalties and taxes(other than federal and
state income taxes on the income of Lessor)incurred in connection with the Ut ing,registration,delivery,purchase,sale,rental,use or operation of the Vehicles
during the Term. If Lessor,Servicer or arty other agent of Lessor incurs any such costs or expenses,Lessee agrees to promptly reimburse Lessor for the some.
6. LICENSE AND CHARGES: Each Vehicle will be titled and licensed in the name designated by Lessor at Lessee's expense. Certain other charges relating to
the acquisition of each Vehicle and paid or satisfied by Lessor have been capitalized In determining the monthly rental,treated as an initial dtarge or otherwise
charged to Lessee. Such charges have been determined without reduction for trade-In,exchange allowance or other credit attributable to any Lessor-owned
vehlde,
7. REGISTRATION PLATES,ETC.: Lessee agrees,at Its expense,to obtain In the name designated by lessor all registration plates and other plates,permits,
Inspections and/or licenses required In connection with the Vehicles,except for the initial registration plates which Lessor will obtain at Lessee's expanse. The
parties agree to cooperate and to furnish any and all information or documentation,which may be reasonably necessary for compliance with the provisions of
this Section or any federal,state or local law,rule,regulation or ordinance. Lessee agrees that It will not permit any Vehicle to be located in a stats other than
the state in which such Vehicle is then fitted for any continuous period of time that would require such Vehicle to become subject to the titling and/or registration
laws of such other state.
8. MAINTENANCE OF AND IMPROVEMENTS TO VEHICLES:
(a) Lessee agrees, at Its expense, to (1) maintain the Vehicles In good condition, repair, maintenance and running order and In accordance with all
marwfacturar's instructions and warranty requirements and all legal requirements and QD furnish all Iabor,materials,parts and other essentials required for
the proper operation and maintenance of the Vehicles. Arty attentions,additions,replacement parts or irnprovements to a Vehicle will become and remain the
property of Lessor and will be returned with such Vehicle upon such Vehicle's return pursuant to Section 4. Notwithstanding the foraging.so long as no Event
of Default has occurred and Is continuing,Lessee shall have the right to remove any additional equipment installed by Lessee on a Vehicle prior to returning such
Vehicle to Lessor under Section 4. The value of such alterations,additions,replacement parts and Improvements will In no instance be regarded as rent.Without
the prior written consent of Lessor,Lessee will not make any aherations,additions,replacement parts or improvements to any Vehicle which detract from Its
economic value or functional stilly. Lessor will not be required to make any repairs or replacements of any nature or description with respect to any Vehicle,to
maintain or repair any Vehicle or to make arty expenditure wfiatsaever In connection with any Vehicle or this Agreement.
(b)Lessor and Lessee acknowiedge and agree that if Section 4 of a Schedule includes a charge for maintenance,(i)the Vehicles)covered by such Schedule
are subject to a separate maintenance agreement between Enterprise Fleet Management,Inc.and Lessee and(IQ Lessor"I have no liability or responsibility
for any failure of Enterprise Fleet Management,Inc,to perform any of Its obligations thereunder or to pay or reimburse Lessee for its payment of any costs and
expenses Incurred In connection with the maintenance or repair of any such Veblcle(s).
9. SELECTION OF VEHICLES AND DISCLAIMER OF WARRANTIES-
(a) LESSEE ACCEPTANCE OF DELIVERY AND USE OF EACH VEHICLE WILL CONCLUSIVELY ESTABLISH THAT SUCH VEHICLE IS OF A SIZE, DESIGN,
CAPACITY,TYPE AND MANUFACTURE SELECTED BY LESSEE AND THAT SUCH VEHICLE IS IN GOOD CONDITION AND REPAIR AND IS SATISFACTORY IN ALL
RESPECTS AND IS SUITABLE FOR LESSEE'S PURPOSE. LESSEE ACKNOWLEDGES THAT LESSOR IS NOT A MANUFACTURER OF ANY VEHICLE OR AN AGENT
OF A MANUFACTURER OF ANY VEHICLE
(b) LESSOR MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND,EXPRESS OR IMPLIED,WITH RESPECT TO ANY VEHICLE,INCLUDING,WITHOUT
LIMITATION,ANY REPRESENTATION OR WARRANTY AS TO CONDITION,MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE,IT BEING AGREED
THAT ALL SUCH RISKS ARE TO BE BORNE BY LESSEE THE VEHICLES ARE LEASED"AS IS,""WITH ALL FAULTS." All warranties made by any supplier,vendor
and/or manufacturer of a Vehicle we hereby assigned by Lessor to Lessee for the appticabie Term and Lessee's only remedy,if any,is Against the supplier,vendor
or manulacturer of the vehicle.
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(c) None of Lessor,Servicer or any other agent of Lessor will be Relate to Lessee for any liability,claim,loss,damage(direct,Incidental or consequential)
or expense of any kind or nature,caused directly or Indirectly,by any Vehicle or any inadequacy of any Vehicle for any purpose or any defect(Intent or patent)in
any Vehicle or the use or maintenance of any Vehicle or any repair,servicing or adjustment of or to any Vahkde,or any delay In providing or failure to prwkte any
Vehicle,or any Interruption or loss of service or use of any Vehicle,or any loss of business or any damage whatsoever and however caused. In addition,none of
Lessor,Servicer or any other agent of lessor will have any liability to Lessee under this Agreement or under any order authorization form executed by Lessee If
Lessor Is unable to locate or purchase a Vehide ordered by Lessee or for any delay in delivery of any Vehicle ordered by Lessee.
10. RIStt OF LOSS: Losses assumes and agrees to bear the entire risk of toss of,theft of,damage to or destruction of any Vehicle from any cause whatsoever
("casualty Occurrence").In the event of a Casualty Occurrence to a Vehicle,Lasses shall give Lessor prompt notice of the Casualty Occurrence and thereafter
will place the applicable Vehicle in good repair,condition and working order,provided,however;that If the applicable Vehicle is determined by Lessor to be lost,
stolen,destroyed or damaged beyond repair(a"Totaled Vehicle"),Lessee agrees to pay Lessor no later than the date thirty(30)days after the date of the Casualty
Occurrence the amounts owed under Sectlons 3(b)and 3(c)with respect to such Totaled Vehicle. Upon such payment,this Agreement will terminate with respect
to such Totaled Vehicle,
11. INSURANCE:
(a) Lessee agrees to purchase and maintain in force during the Term,insurance policies in at least the amounts listed below covering each Vehicle,to be
written by an Insurance company or companies satisfactory to Lessor,insuring Lessee,Lessor and any other person or entity designated by Lessor against any
damage,dalm,suit,action or liability.
(i)Commercial Automobile Liability Insurance(including Un insuredfUnderinsured Motorist Coverage and No-Fault Protection where required by law)for
the limits listed below (Note-$2,000,000 Combined Single Limit Bodily Injury and Property Damage with No Deductible Is required for each Vehicle capable of
transporting more then 9 passengers):
State of YehicN Buiatratlon
Connecticut,Massachusetts,Maine,New Hampshire,New Jersey, $1,000,000 Combined Single Limit Bodily Injury and Property Damage
New York,Pennsylvania,Rhode Island,and Vermont -No Deductible
Florida $500,000 Combined Single Limit Bodily Injury and Property Damage
or$100,000 Bodily Injury Per Person,$300,000 Per Occurrence and
S50,D00 Property Damage(100!300!50)-No Deductible
All Other States $300,000 Combined Single Limit Bodily Injury and Property Damage
or$100,000 Bodily injury Per Person,;300,000 Per Occurrence and
$50,000 Property Damage(1001=150)-No Deductible
(ii)Physical Damage Insurance(Collision b Comprehensive): Actual cash value of the applicable Vehicle. Maximum deductible of$500 per occurrence-
Collision and$250 per occurrence-Comprehensive).
If the requirements of arty governmental or regulatory agency exceed the minimums stated in this Agreement,Lessee must obtain and maintain the higher
Insurance requirements. Lessen agrees that each required policy of insurance will by appropriate endorsement or otherwise name Lessor and any other person
or entity designated by Lessor as additional Insureds and loss payees,as their respective Interests may appear. Further,each such insurance policy must provide
the following:p)that the awns may not be cancelled chanpad or modified urrW after the Insurer has given to Lessor,Servicer end any other par"A or entity
designated by Lessor at least thirty(30)days prior written notice of such proposed cormlistion,change or modification,(i)that no act or default of Lessee or any
other parson or entity shall affect the right of Lessor,Servicer,any other agent of Lessor or any of their respective successors or assigns to recover under such
policy or policies of insurance in the event of any loss of or damage to any Vehlde end(iii)that the coverage is"primary coverage-for the protection of Lessee,
Lessor;Servicer,any other agent of Lessor and their respective successors and assigns notwithstanding any other coverage carried by Lessee,Lessor,Servicer,
any other agent of lessor or any of their respective suceessors or assigns protecting against similar risks. Original certificates evidencing such coverage and
naming Lessor.Servicer,any other agent of Lessor and any other person or entity designated by Lessor as additlonal Insureds and loss payees shall be furnished
to Lessor prior to the Delivery Date,and annually thereafter andlar as reasonably requested by Lessor from time to time. In the event of dalnult,Lessen hereby
appoints Lessor,Servicer and any other agent of Lessor as lessee's attorney-intact to receive payment of,to endorse all checks and other documents and to
take any other actions necessary to pursue Insurance claims and recover payments if lessee fails to do so. Any expense of Lessor.Servicer or any other agent
of Lessor In adjusting or collecting insurance shall be bonne by Lessee.
Losses,its drivers,servants and agents agree to cooperate fully with Lessor,Servicer,any other agent of Lessor and any Insurance carriers in the Investigation,
defense and prosecution of all claims or suits arising from the use or operation of any Vehicle. if any claim is made or action commenced for death,personal
injury or property damage resulting from the ownership,maintenance,use or operation of any Vehicle,Lessee will promptly notify Lessor of such action or claim
and forward to Lessor a copy of every demand,notice,summons or other process received In connection with such Balm or action.
(b)Notwithstanding the provisions of Section 11(a)above:{i)If Section 4 of a Schedule includes a charge for physical damage waiver.Lessor agrees that
(A)Lessee will not be required to obtain or maintain the minimum physical damage Insurance(collision and comprehensive)required under Section 11(a)for
the Veh[cWs)covered by such Schedule and(B)Lessor will assume the risk of physical damage(collision and comprehensive)to the VehicWs)covered by
such Schedule;provided,howsm,that such physical damage waiver shall not apply to,and Losses shall be and remain liable and responsible for,damage to
a covered Vehicle caused by weera tear or mechanical breakdown or failure,damage to or loss of any parts,accessories or components added to a covered
Initials: EFM� Customer'
Vehicle by Lessee without the prior written consent of Lesarlr and/or damage to or loss of any property and/or personal effects contained in a covered Vehicle.
In the event of a Casualty Occurrence to a covered Vehicle,Lessor may,at Its option,replace,rather than repair,the damaged Vehicle with an equMalent vehicle,
which replacement vehicle will then constitute the"Vehicle"for purposes of this Agreement;and(it)if Section 4 of a Schedule Includes a charge for commercial
automobile liability enrollment,Lessor agrees that It will,at its expense,obtain for and on behalf of Lessee,by adding Lessee as an additional insured under a
commercial automobile liability insurance policy Issued by an Insurance company selected by Lessor,commercial automobile liability insurance satisfying the
minimum commercial automobile liability Insurance required under Section 11(s)for the Vehlcle(s)covered by such Schedule. Lessor may at anytime during the
applicable Term terminate said obligation to provide physical damage waiver and/or commercial automobile liability enrollment and cancel such physical damage
waiver and%or commercial automobile liability enrollment upon giving Lessee at least ten(10)days prior written notice. Upon such cancellation,insurance in the
minimum amounts as set forth in 11(e)shall be obtained and maintained by Lessee at Lessee's expense. An adjustment will be rade in monthly rental charges
payable by Lessee to rotted any such change and Lessee agrees to furnish Lessor with satisfactory proof of hmrrance coverage within ten(10)days after matting
of the notice. In addition,Lessor may change the rates charged by Lessor under this Section 11(b)for physical damage waiver and/or commercial automobile
liability enrollment upon giving Lessee at least thirty(30)days prior written notice.
12, INDEMNITY: To the extent permitted by state law,Lessee agrees to defend and Indemnify Lessor,Servicer,any other agent of Lessor and their respective
successors and assigns from and against any and all losses,damages,liabilities,suits,claims,demands,costs and expenses(including,without Rmitation,
reasonable attomeys'fees and expenses)which Lessor.Servicer,any other agent of Lessor or any of their respective successors or assigns may Incur by reason
of Lassoe's breach or violation of,or failure to observe or perform,any term,provision or covenant of this Agreement,or as a result of any loss,damage,theft
or destruction of any Vehicle or related to or arising out of or in connectlon with the use,operation or condition of any Vehicle. The provislons of this Section 12
shall survive any expiration or termination of this Agreement. Nothing herein shall be deemed to affect the rights,privileges,and Immunities of Lessee and the
foregoing indemnity provision Is not Intended to be a waiver of any sovereign Immunity afforded to lasses pursuant to the law.
13. INSPECTION OF VEHICLES;ODOMETER DISCLOSURE; FINANCIAL STATEMENTS: Lessee agrees to accomplish,at its expense,all inspections of the
Vehicles required by any governmental authority during the Term. Lessor,Servicer,any other agent of lessor and any of their respective successors or assigns
will have the right to Inspect any Vehicle at any reasonable time(s)during the Term and for this purpose to enter Into or upon any building or piece where
any Vehicle is located. Lessee agrees to comply with all odometer disclosure laws,rules and regulations and to provide such written and signed disclosure
Information on such forms and in such manner as directed by lessor. Providing false information or failure to complete the odometer disclosure form as required
by law may result In fines and/or Imprisonment. Lessee hereby agrees to promptly deliver to Lessor such financial statements and other financial Information
regarding Lessee as Lessor may from time to time reasonably requesL
14. DEFAULT;REMEDIES: The following shall constitute events of default("Events of Oefauft')by Lessee under this Agreement:(a)if Lessee fob to pay when
due any rent or other amount due under this Agreement and any such fellure shall remain urremedled for len(10)days;(b)if Lessee falls to perform,keep or
observe any form,provision or covenant contained In Section 11 of this Agreement;(c)if Lessee fails to perform,keep or observe any other term,provision or
covenant contained In this Agreement and any such failure shall remain unremedied for thirty(30)days after written notice thereof Is given by Lessor,Servicer
or any other agent of Lessor to Lessee;(d)any setture or confiscation of any Vehicle or any other act(other than a Casualty Occurrence)otherwise renderhmg any
Vehicle unsuitable for use(as determined by Lessor);(a)If any present or future guaranty in favor of Lessor of all or any portion of the obligations of Lessee under
this Agreement shall at any time for any reason cease to be in full force and effect or shall be declared to be null and void by a court of competent Jurisdiction,or
If the validity or enforceability of any such guaranty shall be contested or denied by arty guarantor,or if any guarantor shall deny that It,he or she has ary further
liability or obligation under any such guaranty or if any guarantor shall fall to comply with or observe any of the terms,provisions or conditions contained in any
such guaranty; (f)the occurrence of a materld adverse change In the financial condition or business of Lessee or any guarantor;or(g)If Lessee or any pmmntor
is in default under or falls to comply with any other present or future agreement with or in favor of Lessor,The Crawford Group,Inc.or army direct or indirect
subsidiary of The Crawford Group,Inc..For purposes of this Section 14,the term"guarantor"shall mean any present or future guarantor of all or any portion of
the obligations of Lessee under this Agreement.
Upon the occurrence of any Event of Default.Lessor,without notice to Lessee,will have the right to exercise concurrently or separately(and without any election
of remedies being deemed made),the following remedies:(a)Lessor may demand and receive immediate possession of any or all of the Vehicles from Lessee,
without releasing Lessee from its obligations under this Agreement;If Lessee fails to surrender possession of the Vehicles to Lessor on default(or termination
or expiration of the Term),Lessor. S"cer,any other agent of Lessor and any of Lessor's Independent contractors shall have the right to enter upon any
promises where the Vehicles may be located and to remove and repossess the Vehicles;(b)Lessor may enforce performance by Lessee of its obligations under
this Agreement;(c)Lessor may recover damages and expenses sustained by Lessor.Servicer,any other agent of Lessor or any of their respective successors
or assigns by reason of Lessee's default Including, to the extent permitted by applicable law,all costs and expenses,including court costs and reasonable
attorneys'fees and expenses,Incurred by Lessor,Servicer,any other agent of Lessor or any of their respective successors or assigns in attempting or effecting
enforcement of Lessor's rights under this Agreement(whether or not litigation is commenced)andlor in connection with bankruptcy or Insolvency proceedings;
(d)upon written notice to Lessee,Lessor may terminate Lessee's rights under this Agreement;(a)with respect to each Vehicle,Lessor may recover from Lessee
all amounts owed by Lessee under Sections 3(b)and 3(c)of this Agreement(arid,if Lessor does not recover possession of a Vehicle,(t)the estimated wholesale
value of such Vehicle for purposes of Section 3(c)shall be deemed to be$0.00 and(ii)the calculations described In the first two sentences of Section 3(c)shall be
made without giving effect to clause 01)In each such sentence);and/or(f)Lessor may exercise any other right or remedy which may be available to Lessor under
the Uniform Commercial Code,any other applicable law or In equity.A termination of this Agreement shalt occur only upon written notice by Lessor to Lessee.
Any termination shall not affect Lessee's obligation to pay all amounts due for periods prior to the effective data of such termination or Lessee's obligation to pay
any indemnities under this Agreement. All remedies of Lessor under this Agreement or at law or in equity are cumulative.
15. ASSIGNMENTS:Lessor may from time to time assign,pledge or transfer this Agreement and/or any or all of its rights end obligations under this Agreement
to any person or entity. Lessee agrees,upon notice of any such assignment,pledge or imnsfer of any amounts due or to become due to Lessor under this
Agreement to pay all such amounts to such assignee,pledgee or transferee.Any such assignee,pledgaa or transferee of any rights or obligations of Lessor under
this Agreement will he"all of the rights and obligations that have been assigned to ft. Lesseds rights and interest in and to the Vehicles aro and win continue
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at all times to be subject and subordinate in all respects to any assignment,pledge or transfer now or hereafter executed by Lessor with or In favor of any such
assignee,pledgee or transferee,provided that Lessee shall have the right of quiet enjoyment of the Vehicles so tong as no Event of Default under this Agreement
has occurred and is continuing.Lessee acknowledges and agrees that the rights of any assignee,pledgee or transferee in and to any amounts payable by the
Lessee under any provisions of this Agreement shall be absolute and unconditional and shall not be subject to any abatement whatsoever,or to any defense,
setoff,counterclaim or recoupment whatsoever,whether by reason of any damage to or loss or destruction of arty Vehicle or by reason of any defect in or falkure
of title of the Lessor or interruption from whatsoever cause in the use,operation or possession of any Vehicle,or by reason of any indebtedness or Nobility
howsoever and whenever arising of the Lessor or any of its affiliates to the Lessee or to any other person or entity,or for any other reason.
Without the prior written consent of Lessor,Lessee may not assign,sublease,transfer or pledge this Agreement,any Vehicle,or any Interest In this Agreement
or in and to any Vehicle,or permit Its rights under this Agreement or any Vehicle to be subject to any lien,charge or encumbrance. Lessee's Interest in this
Agreement Is not assignable and cannot be assigned or transferred by operation of law. Lessee will not transfer or relinquish possession of any Vehicle(except
for the sole purpose of repair or service of such Vehicle)without the prior written consent of Lessor
113. MISCELLANEOUS: This Agreement contains the entire understanding of the parties. This Agreement may onty be mended or modified by an instrument
In writing executed by both parties.Lessor shall not by any act,delay,omission or otherwise be deemed to have waived arry of its rights or remedies under this
Agreement and no walver whatsoever shall be valid unless in writing and signed by Lessor and then only to the extent therein set forth. A waiver by Lessor of
any right or remedy under this Agreement on any one occasion shall not be construed as a bar to any right or remedy,which Lessor would otherwise have on
any future occasion.If any term or provision of this Agreement or any application of any such term or provision is Invalid or unenforceable,the remainder of this
Agreement and any other application of such term or provision will not be affected thereby. Giving of all notices under this Agreement will be sufficient N mailed
by certified mail to a party at its address set forth below or at such other address as such party may provide in writing from time to time. Any such notice moNed
to such address will be effective one(1)day after deposit to the United States mag,duty addressed,with certified mail,postage prepaid. Lessee will promptly
notify Lessor of any change in Lessee's address. This Agreement may be executed in multiple counterparts(including facsimile and pdf counterparts),but the
counterpart marked'ORIGINAL"by Lessor will be the original lease for purposes of applicable law.All of the representations,warranties,covenants,agreements
and obligations of each Lessee under this Agreement(it more than one)are joint and several.
17. SUCCESSORS AND ASSIGNS; GOVERNING LAW: Subject to the provisions of Section 15,this Agreement will be binding upon Lessee and Its hairs,
executors,personal representatives,successors and assigns,and will Irene to the benefit of Lessor,Servicer,any other agent of Lessor and their respective
successors and assigns.This Agreement will be governed by and construed in accordance with the substantive laws of the State of Missouri(determined without
reference to conflict of law principles).
16. NON-PETITION: Each party hereto hereby covenants and agrees that,prior to the date which Is one year and one day after payment in full of all indebtedness
of Lessor, it shaft not Institute against, or join any other person In instituting against,Lessor any bankruptcy, reorganization,arrangement.Insolvency or
liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States. The provisions of this Section 18 shall
survive termination of this Master Equity Lease Agreement.
19. NON-APPROPRIATION: Lessee's funding of this Agreement shall be on a Fiscal Year basis and is subject to annual appropriations. Lessor acknowledges
that Lessee is a municipal corporation.Is precluded by the County or State CwWiwtlon end other laws from entering into obligations that financially bind future
governing bodies,and that,therefore,nothing In this Agreement shall constitute an obligation of future legislative bodies of the County or State to appropriate
funds for purposes of this Agreement. Accordingly,the parties agree that the lease terms within this Agreement or any Schedules relating hereto ere contingent
upon appropriation of funds. The parties further agree that should the County or State fall to appropriate such funds,the Lessor shalt be paid all rentals due
and owing hereunder up until the actual day of termination. In addition,Lessor reserves the right to be paid for any reasonable damages. These reasonable
damages will be limited to the losses Incurred by the Lessor for having to sell the vehicles on the open used car market prior to the end of the scheduled term(as
determined in Section 3 and Section 14 of this Agreement).
IN WITNESS WHEREOF,Lessor and Lessee have duly executed thus Master Equity Lease Agreement as of the day and year first above written.
LESSEE: PLC-r-rapt)
LESSOR Enterprise FM Trust
� 13y: Enterprise R nt,Inc Its attorney In tact
Signature
Signature: K
By: j . l.7"')►J
Title: t`A(,-f— kjqo
Tine: tIlGE f�r�.J'�,e�EdJ r
Address: �!�
MaL Address:
_MKA&K tc beS"7
Date Signed: ``' —`-' [We Slgned:
Initials: EFM Customer '
FLEET MANAGEMENT
MAINTENANCE AGREEMENT
This Maintenance Apraernen Agreement"}Is �
_me&and entLinto this day of .by Enterprise Fleet Mannoment,Inc.,a Missouri
corporation("EFM"),andfJrat�-�
WITNESSETH
1. LEASE.Reference is hereby made to that certain Master base Agreement dated as of the_day of . by and between Enterprise FM
Tnrst,a Delaware statutory trust.as Now("Lessor"),and lessee,as issue(as the same may from tifne to time be amended,modified,Wended,renewed.
supplemented or restated,the"Lase').AH capitalized terns used and not otherwise defined In this Agreement shall have the respective meanings ascribed to
them in the Lease.
2. COVERED VEHICLES.This Agreement shall only apply to tiose vehicles lased by lessor to losses pursuant to the Lase to the extent Section 4 of the
Schedule for such vehicle includes a charge for maintenance(the"Covered Vehi*$)"j-
3. TERM AND TERMINATION.The term of this Agreement('Term")for each Covered Vehicle shall begin on the Delivery Rate of such Covered Vehicle and shall
continue until the last day of the"Term"(as defined In the Lease)for such Covered Vehicle unless artier terminated as serf forth below.Each of EFM and Lasses
shall each has the right to terminate this Agreement effective as of the test day of any colander month with rsspct to any or all of the Covered Vehicles upon not
less than sixty(00)days prior written notice to the other party The termination of this Agreement with respect to any or all of the Conrad Vehicles shall not afTect
any rights or obligations under this Agreement which shalt have previously accrued or shall thereafter arise with respect to any ow mance prior to termination,and
such rights and obligations shell continue to be governed by the terns of this Agreement.
4. VEHICLE REPAIRS AND SERVICE. EFM agrees that,during tine Term for the applicable Covered Vehicle and subject to the terms and conditions of this
AgreemenL it will pay for,or reimburse Lessee for its payment of,all costs and expenses Incurred in connection with the maintenance or repair of a Covered
Whack.this Agreement does not cover,and Lessee wig remain responsible for and pay for.(a)f,lai,(b)oil and other fields between changes.(c)fire rspeir and
raplacernent,(d)washing,(a)repair of damns due to lack of maintenance by Lessee between scheduled services(including,without limitation.failure to maintain
fired levels).(f)maintenance or repair of any aNerdiwa to a Covered Vehicle or of any after-market components(this Agroomot covers maintenance and repair
only of the Covered Vehicles themselves and any factory-installed components and does not cover maintenance or repair of chassis alterations,add-on bodies
(including,without Iimitation,atop Yens)or other equipment(Including.without Imitation,lift galas and PTO controls)which Is installed or modified by a dealer,
body shop,upfltter or anyone else other than the manufacbayr of the Cowed%Wkk,(g)army service and/or damage resulting hm.related to or arising out of an
accident,a collision,theft,fie.frarbg,vddallsm,riot,explosion,other Acts of God,an object sirildng the Covered Vehicle,improper use of the Covered V olkle
(Including.without limitation,drhdrg over cubs,overloading,racing or other rxrmpetition)or Lessee's faffure to maintain the Covered Vehicle as required by the
Lase,(h)roadside assistance or towing for vehicle maintenance purposes,(i)mobile services,(j)the cost of loaner or rental vehicles or(k)If the Covered Vehicle
Is a lou lc (i)manual transmission dutch adjustment or replacement,pi)brake adjustment or replacement or(iii)front axle alignment Whenever it is necessary
to have a Conrad Vehicle serviced.Lessee agraes to have the necessary work performed by an authorized dealer of such Covered Vehicle or by a service facility
acceptable to EFM. In every case,H the cost of such service wHl excea l$50.00,Lessee rust no*EFM and obtain EFMb outtw Wftn for such service and
EFM's instnrciions as to where such service shall be made and the extent of service to be obtained. Lessee agrees to furnish an invoice for all service to a Covered
Vehicle,accompanied by a copy of the shop or service order(odometer mileage must be shown on each slop or service order). EFM win not be obligated to pay
for any unau0 otW charges or those excading$50.O0 for one service on any Covered Vehicle unless Lasses has compiled with the above terms and conditions,
EFM will not have any rasponsibilHy to pay for any services in excess of the services recommended by the mamdedurer,unless oftvvise agreed to by EFM.
Notwithstanding any other provision of this Agreement to the contrary,(a)all service performed within one hundred twenty(120)days prim to tea lest day of
the scheduled"Term'(as defined in the In=)for the applicable Covered Vehicle must be authorized by and have the prior consent and approval of EFM and any
service not so authortmd win be the responsibility of and be paid for by Lessee and(b)EFM is not required to provide or pay for any service to any Covered Vehicle
after 100,000 miles.
S. ENTERPRISE CARDS: EFM may,at Its option,provide Lessee with an authorization card(the"EFM Card")for use in authorizing the payment of charges
Incurred in connection with the maintenance of the Covered Vehicles. Lessee agrees to be liable to EFM for,and upon receipt of a monthly or other statement
from EFM,Lessee agrees to pomptty pay to EFM,all charges made by or for the account of Lessee with the EFM Card(other than any charges which are the
responsibility of EFM under the terms of this Agreement). EFM reserves the right to charge the farms and conditions for the use of the EFM Card at any time. The
EFM Card remains the property of EFM and EFM may revoke Lessee's right to possess or use the EFM Card at any lima. Upon the termination of this Agreement or
upon the demand of EFM,Losses must return the EFM Card to EFM. The EFM Card Is non-transferable.
S. PAYMENT TERMS.The amount of the monody maintenance fee will be listed on the applicable Schaduk and will be due and payable in advance on the first day
of each month.if the feat day of the Term for a Covered Vehicle is other than time first day of a calendar month,lessee will pay EFM,on the first day of the Term
for such Covered Vkhicie,a po-rated maintenance fee for the number of days that the Doo ery Date precedes the fust mu"maintenance fee payment doh.Any
monthly maintenance be or other amount owed by Lam to EFM under this Agreement which is not paid within twenty(20)dye after Its due data will acc us
Interest,payable upon demand of EFM,from the date due until paid In full at a rate per annum equal to the lesser of(t)Eighteen Percent(18%)per annum or(H)
the highest rate allowed by:Z. emonthy maintenance fee set forth on each applicable Schedule alloys the number of miles per month as sal forth
EFM-7—Initials: EFM� � Cu
In such Sdwduie. Lessee agrees to pay EFM at the end of the applicable Term(whether by reason of termination of this Agreement or otherwise)an overmikage
maintenance fee for arty miles In excess of this average amount per month at the rale set forth In the applicable Schedule.EFM may,at its option,permit lessor,as
an agent for EFM,to bill and collect amounts due to EFM under this Agreement from Lessee on behalf of EFM.
T. NO WARRANTIES.Lessee acknowledges that EFM does not perform maintenance or repair services on the Covered Vehicles but rather EFM arranges for
maintenance andlor repair se(vlces on the Covered Whicbs to be performed by third parties.EFM MAKES NO REPRESENTATION OR WARRANTY OF ANY
KIND,EXPRESS OR IMPLIED,WITH RESPECT TO ANY PRODUCTS,REPAIRS OR SERVICES PROVIDED FOR UNDER THIS AGREEMENT BY THIRD PARTIES,
INCLUDING,WITHOUT LIMITATION,ANY REPRESENTATION OR WARRANTY AS TO MERCHANTABILITY,FITNESS FOR A PARTICULAR PURPOSE,COMPLIANCE
WITH SPECIFICATIONS,OPERATION,CONDITION,SUITABILITY,PERFORMANCE OR OUALtTY. ANY DEFECT IN THE PERFORMANCE OF ANY PRODUCT REPAIR
OR SERVICE WILL NOT RELIEVE LESSEE OF ITS OBLIGATIONS UNDER THIS AGREEMENT,INCLUDING THE PAYMENT TO EFM OF THE MONTHLY MAINTENANCE
FEES AND OTHER CHARGES DUE UNDER THIS AGREEMENT.
8. LESSOR NOT A PARTY.Lessor Is not a party to,and shall haws no rights,obligations or duties under or In rasped of,this Agreement.
9. NOTICES.Any notice or other communication under this Agreement shall be In writing end delivered In person or sent by facsimile,recognized overnight
courier or registered or certified mail,return receipt requested and postage prepaid.to the applicable party N Its address or facsimile number ad forth on
the signature page of this Agreement,or at such other address or facsimlle number as any party hereto may designate as Its address or facsimile number for
communications under this Agreement by notice so given. Such notices shall be deemed effective on the day on which delivered or sent if delivered in person or
sent by facslmik,on the Rest 0st)business day after it*day on which sent,if sent by recogn trod ovenlgM caner or on the third(3rd)business day after the day
on whidm mailed,H sent by registered or sarOW mall.
10. MISCELLANEOUS This Agreement embodies the enure Agreement between the parties relating to the subject matter hereof.This Agreement may be amended
only by an agreement in writing signed by EFM and Lessee.Any provision of this Agreement which Is prohibited or unonforce"in any jttrtsdiction shall,as
to such jurisdiction,be ineffective only to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreament or
affecting the validity or onforceab8gy of such provisions in any otter jurisdiction.This Agreement stall be bbx%V upon and inure to the benefit of Via parties
hereto and their respective successors and assigns,except that Lessee may not assign,transfer or delegate any of Its rights or obligations under this Agreement
without the prior written consent of EFM.This Agreement shall be governed by and construed in accordance with the substantive laws of the State of Missouri
(wiUoret reference to conflict of law principles).
IN WITNESS WHEREOF,EFM and Lessee have executed this Maintenance Agrwnant as of hie day and year first dxwe written.
\/ILESSEE: . EFM: Enterprise Fleet nc
Signature: Signature: 01 001
Ar
l�F✓ � .— Title: yGE t0iLe3(a��
Tide: d
Address: otz3)LOO-kLEd Address: 1900 tam &VIO
696,0rY
Attention: Attention:
fax#: Fax#:
Date Signed: _1 c (� Data SOW: OC7. 3t '204f
Initials: EFM Customer
FLEET MANAGEMENT
MAINTENANCE MANAGEMENT AND FLEET RENTAL AGREEMENT
This Agresmenl Is entered Into as of the Qay of .byidn E� rprise Fleet Management,Inc.,a Missouri corporation,doing business as
"Enterprise Rest Management"("EFM"),end c (the`Company`).
WITNESSETH:
1. ENTERPRISE CARDS: upon request from the Company,EFM will provide a driver Information packet outlining Its vehicle maintenance program(the"Program")
and a card("Card")for each Company vehicle Included In the Company's request All drivers of vehicles subject to this Agreement must be a representative of the
Company,its subsidiaries or sfli fates. AN Cards Issued by EFM upon request of the Company small be subjed to the terms of this Agreement and the responsibility
of the Company. AN Cards shall bear an expiration dale.
Cards Issued to the Company shall be used by the Company In accordance with this Agreement and limited solely to purchases of certain products and services for
Comparry vehicles,which are Included in the Program. The Program Is sutrjed to all other EFM instructions„rules and regulations which may be revised from time
to time by EFM. Cards shall remain the property of EFM and returned to EFM upon expiration or cancetlalion,
2. VEHICLE REPAIRS AND SERVICE EFM will provide purchase order control by phone or In writing authorizing charges for repairs and service over$75,or such
other amount as may be established by EFM from time to time under the Program. All charges for repairs and services will be invoiced to EFM. Invoices will be
reviewed by EFM for accuracy,proper application of potential manufaclunnt warranties,application of potential discounts and unnecessary,unauthorized repairs.
Notwlthstanding the above,In the event the repairs and service are the result of damage from an accident or other non-maintenance related cause(including glass
claims),these matters will be referred to the Companryk Real Manager. If the Company prefers that EFM handle the damage repair,the Company agrees to assign
the administration of the metier to EFM. EFM will administer such claims In its discretion. The fees for this service will be up to$125.00 per claim and the Company
agrees to reimburse for repairs as outlined In this agreement. If the Company desires the assistance of EFM In recovering damage amounts from at fault third partial,
a W iicb Risk Management Agreement mush be on file for the Company.
3. BILLING AND PAYMENT: All audited Invoices paid by EFM on behalf of the Company will be consolidated and submitted to the Company on a single monthly
Invoice for the Kdh Company fleet covered under this Agreemerd. The Company is A"for,and wit pay EFM within ten(10)days after receipt of an Invoice or
statement for,all purchases invoiced to the Company by EFM,which were paid by EFM for or on behalf of the Company. EFM will be entitled to retain for Its own
account.and treat as being paid by EFM for purposes of this Agreement,any discounts it receives from a supplier with rasped to such purchases which are based
on the overall volume of business EFM provides to such supplier and not solely the Comporhyt business. EFM will exandse due care to prevent additional charges
from being Incurred once the Company has notified EFM of Its desire to canal any outstanding Card under this Agreemerri. The Company wig use Its best efforts to
obtain and return any such cancelled Card,
4. RENTAL VEHICLES: The Card will authorize the Company's representative to arrange for rental vehicles with a subsidiary of Enterprise Rent-A-Car Company
for a maximum of two(2)days without prior authorization. Extensions beyond two(2)days must be granted by an EFM representsilve. The Company assumes all
responsibility for all rental agreements arranged by EFM with a subsidiary of Enterprise Rent A-Car Company through an EFM representative or through the use of
the Card. All drivers must be at bast 21 yeas of age,hold a valid driver's license,be an employee of the Company or authorized by the Company through established
reservation procedures and meet other appiic"requirements of the applicable subsidiary of Enterprise Rent-A-Car Company.
5. NO WARRANTY: EFM MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND.EXPRESS OR IMPLIED,WITH RESPECT TO PRODUCTS,REPAIRS OR
SERVICES PROVIDED FOR UNDER THIS AGREEMENT BY THIRD PARTIES,INCLUDING,WITHOUT LIMITATION,ANY REPRESENTATION OR WARRANTY AS TO
MERCHANTABILITY,COMPLIANCE WITH SPECIFICATIONS,OPERATION,CONDITION,SUITABILITY,PERFORMANCE,OUALITY OR FITNESS FOR USE. Any defect
In the performance of any product,repair or service will not relieve the Company from Its obligations under this Agreement,including without limitation the payment
to EFM of monthly invoices.
G. CANCELLATION: Elther party may anal any Card under this Agreement or this Agreement in Its entirety at any time by giving written noft to the other party.
The cancellation of any Cad or termination of this Agreement will not affect ary rights or obligations under this Agreement,which shall have previously accrued or
shall thereafter arise with respect to any occurrence prior to such cancellation or termination. A Card shall be immediately returned to EFM upon canallatian to:
Enterprise Fleet Management,600 Corporate Park Drive,St Louis,MO 63105,Attention:Enterprise Card Department Notice to EFM reganding the cancellation of any
Card shah specify the Card number and identify the Company's reprewtative. In the ase of a larminated representative,such notice shall include a brief description
of the efforts made to acclaim tea Card.
7 NOTICES: AN notices of cancellation or termination under this Agreement shall be mailed postage prepaid by registered or certified mad,or sent by express
ommight delivery service,to the other party at its address sat forth on the signature page of this Agreement or at such other address as such party may provide
In writing from time to tima. Any such notice sent by mad will be effective three(3)days ager deposit in the United States mail,duly addressed,with registered or
certified mail postage prepaid. Any such notice sent by express overnight delivery servla will be effective one(1)dry atter deposit with such delivery service,duly
addressed,with delivery fees prepaid The Company will promptly notify EFM of any change In the Company's address.
Initials: EF Customer-
B. FEES. EFM will ctwge the Company for the service under this Agreement$7 per month per Card,plus a one time set-up fee of s
9. MISCELLANEOUS: This Agreement may be amended only by an agreement in writing signed by EFM and the Company. This Agreement is governed by the
substantive Saws of the State of Missouri(determined without reference to cortfifd of law principles).
IN WITNESS WHEREOF,EFM and the Company have executed this Maintenance Management and Fleet Rental Agreement as of the day and year first abm written.
Compenir K, EFM: Enterprise Fleet Ment,Inc.
Signature: Signature:
�{
By: CC • �N� BY lV.
nue: �A tr-4�- nue: Vi f-F,
t s t,DE rs-f
Address: r Gf1(.�tJ DQ�„ Address: ��[1` �t.V 0.
r c-uY �L �1� 3 f.►4�c. 6rL �� L (�a
Date Signed: A) 3 I ��� Date Signed: 0 39'6�
Initials: EFM________- Customer
NEW
MERIN
FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013504
-, MANAGEMENT
Prepared For: Village of Oak Brook Date 10/30/2018
AE/AM RSJ
Unit#
Year 2019 Make Ford Model Fusion
Series SE 4dr Front-wheel Drive Sedan
Vehicle Order Type Ordered Term 60 State IL Customer# 585879
$19,402.00 Capitalized Price of Vehicles All language and acknowledgments contained in the signed quote
apply to all vehicles that are ordered under this signed quote.
$1,225.26 License and Certain Other Charges State IL
$196.00 * Initial License Fee
$0.00 Registration Fee Order Information
$300.00 Other:(See Page 2) Driver Name
$11,000.00 Capitalized Price Reduction Exterior Color
$0.00 * Tax on Capitalized Price Reduction Interior Color
$0.00 Gain Applied From Prior Unit Lic.Plate Type Unknown
$0.00 * Tax on Gain On Prior GVWR 0
$0.00 * Security Deposit
$0.00 Tax on Incentive(Taxable Incentive Total:$0.00)
$8,702.00 Total Capitalized Amount(Delivered Price)
$108.78 Depreciation Reserve @ 1.2500%
$52.87 Monthly Lease Charge(Based on Interest Rate-Subject to a Floor)2
$161.65 Total Monthly Renta[Excluding Additional Services
Additional Fleet Management
Master Policy Enrollment Fees
$0.00 Commercial Automobile Liability Enrollment
Liability Limit $0.00
$0.00 Physical Damage Management Comp/Coll Deductible 0/0
$24.33 Full Maintenance Programa Contract Miles 40,000 OverMileage Charge $0.0450 Per Mile
Incl:#Brake Sets(1 set= 1 Axle)0 #Tires 0 Loaner Vehicle Not Included
$24.33 Additional Services SubTotal
$0.00 Use Tax 0.0000% State
$185.98 Tota[Monthly Renta[Including Additional Services
$2,175.20 Reduced Book Value at 60 Months
$400.00 Service Charge Due at Lease Termination
Quote based on estimated annual mileage of 7,500
(Current market and vehicle conditions may also affect value of vehicle)
(Quote is Subject to Customer's Credit Approval)
Notes
Enterprise FM Trust will be the owner of the vehicle covered by this Quote. Enterprise FM Trust(not Enterprise Fleet Management)will be the Lessor of such vehicle under the Master
Open-End(Equity)Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open-End(Equity)Lease Agreement with respect to such vehicle.
ALL TAX AND LICENSE FEES TO BE BILLED TO LESSEE AS THEY OCCUR.
Lessee hereby authorizes this vehicle order,agrees to(ease the vehicle on the terms set forth herein and in the Master Equity Lease Agreement and
agrees that Lessor shall have the right to collect damages in the event Lessee fails or refuses to accept delivery of the ordered vehicle.
Lessee ce ''es that it intends�thatre than 51 of the use of the vehicle is tabe in a trade or business of the Lessee.
LESS E illage of Oak
BY el TITLE DATE
'INDICATES ITEMS TO BE BILLED ON DELIVERY.
Capitalized Price of Vehicle May be Adjusted to Reflect Final Manufacturer's Invoice.Lessee Hereby Assigns to Lessor any Manufacturer Rebates And/Or Manufacturer Incentives Intended for the Lessee,Which
Rebates And/Or Incentives Have Been Used By Lessor to Reduce the Capitalized Price of the Vehicle.
2 Monthly Lease Charge Will Be Adjusted to Reflect the Interest Rate on the Delivery Date(Subject to a Floor).
3 The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this[Invoice/Schedule/Quote],all such
maintenance services are to be performed by Enterprise Fleet Management,Inc.,and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management,Inc.,pursuant to that
certain separate[Maintenance Agreement]entered into by and between Lessee and Enterprise Fleet Management,Inc.;provided that such maintenance fees are being billed by Enterprise FM Trust,and are payable
at the direction of Enterprise FM Trust,solely as an authorized agent for collection on behalf of Enterprise Fleet Management,Inc.
Printed On 10/30/2018 10:51 AM Page 1 of 6
FEET Open-End (Equity) Lease Rate Quote Quote No: 4013504
MANAGEMENT
Other Totals
Description Billed or(C)apped Price
Initial Administration Fee C $100.00
Courtesy Delivery Fee C $200.00
Total Other Charges Billed $0.00
Total Other Charges Capitalized $300.00
Other Charges Total $300.00
Printed On 10/30/2018 10:51 AM Page 2 of 6
FLEET MANAGEMENT Open-End (Equity) Lease Rate Quote Quote No: 4013504
VEHICLE INFORMATION:
2019 Ford Fusion SE 4dr Front-wheel Drive Sedan-US
Series ID: POH
Pricing Summary:
INVOICE MSRP
Base Vehicle $22,794.00 $24,120.00
Total Options $0.00 $0.00
Destination Charge $895.00 $895.00
Total Price $23,689.00 $25,015.00
SELECTED COLOR:
Exterior:
Interior:
SELECTED OPTIONS:
CODE DESCRIPTION INVOICE MSRP
150A Equipment Group 150A NC NC
425 50-State Emissions System STD STD
44W Transmission:6-Speed Automatic w/Paddle Shifters Included Included
47B Auto Stop-Start Technology Included Included
62E POH01 -SE FWD NC NC
99D Engine: 1.5L EcoBoost Included Included
D Cloth Front Bucket Seats Included Included
PAINT Monotone Paint Application STD STD
SIRI SiriusXM Radio Included Included
STDRD Radio:AM/FM/MP3 Stereo Included Included
STDTR Tires:235/50 R 17 Included Included
STDWL Wheels: 17"Sparkle Silver-Painted Aluminum Included Included
SYNC3 SYNC 3 Communications&Entertainment System Included Included
Printed On 10/30/2018 10:51 AM Page 3 of 6
CONFIGURED FEATURES:
Body Exterior Features:
Number Of Doors 4
Rear Cargo Door Type: trunk
Driver And Passenger Mirror: power remote manual folding side-view door mirrors with turn signal indicator
Convex Driver Mirror: convex driver and passenger mirror
Door Handles: body-coloured
Front And Rear Bumpers: body-coloured front and rear bumpers
Body Material: fully galvanized steel body material
Grille: black w/chrome surround grille
Convenience Features:
Air Conditioning automatic dual-zone front air conditioning
Air Filter: air filter
Console Ducts: console ducts
Cruise Control: cruise control with steering wheel controls
Trunk/Hatch/Door Remote Release: power cargo access remote release
Power Windows: power windows with front and rear 1-touch down
Remote Keyless Entry: keyfob(all doors)remote keyless entry
Illuminated Entry: illuminated entry
Key Pad: keypad locking
Integrated Key Remote: integrated key/remote
Auto Locking: auto-locking doors
Passive Entry: proximity key
Trunk FOB Controls: keyfob trunk/hatch/door release
Window FOB Controls: remote window controls
Remote Engine Start: remote engine start
Steering Wheel: steering wheel with manual tilting,manual telescoping
Day-Night Rearview Mirror: day-night rearview mirror
Auto-dimming Rearview Mirror: auto-dimming rearview mirror
Driver and Passenger Vanity Mirror: illuminated driver and passenger-side visor mirrors
Emergency SOS: 911 Assist emergency communication system
Front Cupholder: front and rear cupholders
Floor Console: full floor console with covered box
Overhead Console: mini overhead console with storage
Glove Box: locking glove box
Driver Door Bin: driver and passenger door bins
Rear Door Bins: rear door bins
Seatback Storage Pockets: 2 seatback storage pockets
IP Storage: bin instrument-panel storage
Driver Footrest: driver's footrest
Retained Accessory Power: retained accessory power
Power Accessory Outlet: 2 12V DC power outlets
Entertainment Features:
radio SiriusXM AM/FM/Satellite with seek-scan
Radio Data System: radio data system
Voice Activated Radio: voice activated radio
Speed Sensitive Volume: speed-sensitive volume
Steering Wheel Radio Controls: steering-wheel mounted audio controls
Speakers: 12 speakers
Internet Access: FordPass Connect 4G Wi-Fi Modem internet access
1st Row LCD: 3 1st row LCD monitor
Wireless Connectivity: wireless phone connectivity
Antenna: integrated roof antenna
Lighting,Visibility and Instrumentation Features:
Headlamp Type delay-off projector beam halogen headlamps
Auto-Dimming Headlights: auto high-beam headlights
Front Wipers: variable intermittent rain detecting wipers speed-sensitive wipers wipers
Rear Window Defroster: rear window defroster
Tinted Windows: light-tinted windows
Dome Light: dome light with fade
Front Reading Lights: front and rear reading lights
Printed On 10/30/2018 10:51 AM Page 4 of 6
Ignition Switch: ignition switch light
Variable IP Lighting: variable instrument panel lighting
Display Type: digital/analog display
Tachometer: tachometer
Compass: compass
Exterior Temp: outside-temperature display
Low Tire Pressure Warning: tire specific low-tire-pressure warning
Park Distance Control: rear parking sensors
Trip Computer: trip computer
Trip Odometer: trip odometer
Lane Departure Warning: lane departure
Blind Spot Sensor: blind spot sensor
Water Temp Gauge: water temp.gauge
Clock: in-radio display clock
Systems Monitor: systems monitor
Check Control: redundant digital speedometer
Rear Vision Camera: rear vision camera
Oil Pressure Warning: oil-pressure warning
Water Temp Warning: water-temp.warning
Battery Warning: battery warning
Lights On Warning: lights-on warning
Key in Ignition Warning: key-in-ignition warning
Low Fuel Warning: low-fuel warning
Door Ajar Warning: door-ajar warning
Trunk Ajar Warning: trunk-ajar warning
Brake Fluid Warning: brake-fluid warning
Transmission Fluid Temperature Warning: transmission-fluid-temperature warning
Safety And Security:
ABS four-wheel ABS brakes
Number of ABS Channels: 4 ABS channels
Brake Assistance: brake assist
Brake Type: four-wheel disc brakes
Vented Disc Brakes: front ventilated disc brakes
Daytime Running Lights: daytime running lights
Spare Tire Type: compact spare tire
Spare Tire Mount: spare tire mounted inside under cargo
Driver Front Impact Airbag: driver and passenger front-impact airbags
Driver Side Airbag: seat-mounted driver and passenger side-impact airbags
Overhead Airbag: curtain 1 st and 2nd row overhead airbag
Knee Airbag: knee airbag
Occupancy Sensor: front passenger airbag occupancy sensor
Height Adjustable Seatbelts: height adjustable front seatbelts
Seatbelt Pretensioners: front seatbelt pre-tensioners
3Point Rear Centre Seatbelt: 3 point rear centre seatbelt
Fuel Flap Locking Type: locking fuel flap included with power door locks
Side Impact Bars: side-impact bars
Perimeter Under Vehicle Lights: remote activated perimeter/approach lights
Rear Child Safety Locks: rear child safety locks
Ignition Disable: SecuriLock immobilizer
Security System: security system
Panic Alarm: panic alarm
Electronic Stability: AdvanceTrac electronic stability
Traction Control: ABS and driveline traction control
Front and Rear Headrests: manual adjustable front head restraints with tilt
Rear Headrest Control: 3 rear head restraints
Seats And Trim:
Seating Capacity max.seating capacity of 5
Front Bucket Seats: front bucket seats
Number of Driver Seat Adjustments: 8-way driver and passenger seat adjustments
Reclining Driver Seat: power reclining driver and passenger seats
Driver Lumbar: power 2-way driver and passenger lumbar support
Driver Height Adjustment: power height-adjustable driver and passenger seats
Printed On 10/30/2018 10:51 AM Page 5 of 6
Driver Fore/Aft: power driver and passenger fore/aft adjustment
Driver Cushion Tilt: power driver and passenger cushion tilt
Front Centre Armrest Storage: front centre armrest
Rear Seat Type: rear 60-40 bench seat
Rear Folding Position: rear seat fold-forward seatback
Rear Seat Armrest: rear seat centre armrest
Leather Upholstery: cloth front and rear seat upholstery
Door Trim Insert: cloth door panel trim
Headliner Material: full cloth headliner
Floor Covering: full carpet floor covering
Dashboard Console Insert,Door Panel Insert Combination: metal-look instrument panel insert,door panel insert,console insert
Shift Knob Trim: metal-look shift knob
Floor Mats: carpet front floor mats
Interior Accents: chrome interior accents
Cargo Space Trim: carpet cargo space
Trunk Lid: carpet trunk lid/rear cargo door
Cargo Tie Downs: cargo tie-downs
Cargo Light: cargo light
Standard Engine:
Engine 181-hp, 1.5-liter 1-4(regular gas)
Standard Transmission:
Transmission 6-speed automatic w/OD and auto-manual
Printed On 10/30/2018 10:51 AM Page 6 of 6
FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013523
�. � MANAGEMENT
Prepared For: Village of Oak Brook Date 10/30/2018
AE/AM RSJ
Unit#
Year 2019 Make Ford Model Escape
Series SE 4dr 4x4
Vehicle Order Type Ordered Term 60 State IL Customer# 585879
All language and acknowledgments contained in the signed quote
$24,538.00 Capitalized Price of Vehicle' apply to all vehicles that are ordered under this signed quote.
$1,515.24 License and Certain Other Charges State IL
$196.00 * Initial License Fee
$0.00 Registration Fee Order Information
$300.00 Other:(See Page 2) Driver Name
$11,000.00 Capitalized Price Reduction Exterior Color
$0.00 * Tax on Capitalized Price Reduction Interior Color
$0.00 Gain Applied From Prior Unit Lic.Plate Type Unknown
$0.00 * Tax on Gain On Prior GVWR 0
$0.00 * Security Deposit
$0.00 * Tax on Incentive(Taxable Incentive Total:$0.00)
$13,838.00 Total Capitalized Amount(Delivered Price)
$ 172.98 Depreciation Reserve @ 1.2500%
$73.80 Monthly Lease Charge(Based on Interest Rate-Subject to a Floor)z
$246.78 Total Monthly Renta[Excluding Additional Services
Additional Fleet Management
Master Policy Enrollment Fees
$0.00 Commercial Automobile Liability Enrollment
Liability Limit $0.00
$0.00 Physical Damage Management Comp/Coll Deductible 0/0
$25.73 Full Maintenance Programa Contract Miles 40,000 OverMileage Charge $0.0450 Per Mile
Incl:#Brake Sets(1 set= 1 Axle)0 #Tires 0 Loaner Vehicle Not Included
$25.73 Additional Services SubTotal
$0.00 Use Tax 0.0000% State
$272.51 Tota[Monthly Renta[Including Additional Services
$3,459.20 Reduced Book Value at 60 Months
$400.00 Service Charge Due at Lease Termination
Quote based on estimated annual mileage of 7,500
(Current market and vehicle conditions may also affect value of vehicle)
(Quote is Subject to Customer's Credit Approval)
Notes
Enterprise FM Trust will be the owner of the vehicle covered by this Quote. Enterprise FM Trust(not Enterprise Fleet Management)will be the Lessor of such vehicle under the Master
Open-End(Equity)Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open-End(Equity)Lease Agreement with respect to such vehicle.
ALL TAX AND LICENSE FEES TO BE BILLED TO LESSEE AS THEY OCCUR.
Lessee hereby authorizes this vehicle order,agrees to lease the vehicle on the terms set forth herein and in the Master Equity Lease Agreement and
agrees that Lessor shall have the right to collect damages in the event Lessee fails or refuses to accept delivery of the ordered vehicle.
Lessee certifies that it intends tha re than 50%of the use of the vehicle is to be a trade or business of the Lessee.
LES E Village of O k ro
BY- TITLE -' DATE ! �U
INDICATES ITEMS TO BE BILLED ON DELIVERY.
'Capitalized Price of Vehicle May be Adjusted to Reflect Final Manufacturer's Invoice.Lessee Hereby Assigns to Lessor any Manufacturer Rebates And/Or Manufacturer Incentives Intended for the Lessee,Which
Rebates And/Or Incentives Have Been Used By Lessor to Reduce the Capitalized Price of the Vehicle.
Z Monthly Lease Charge Will Be Adjusted to Reflect the Interest Rate on the Delivery Date(Subject to a Floor).
3 The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this[Invoice/Schedule/Quote],all such
maintenance services are to be performed by Enterprise Fleet Management,Inc.,and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management,Inc.,pursuant to that
certain separate[Maintenance Agreement]entered into by and between Lessee and Enterprise Fleet Management,Inc.;provided that such maintenance fees are being billed by Enterprise FM Trust,and are payable
at the direction of Enterprise FM Trust,solely as an authorized agent for collection on behalf of Enterprise Fleet Management,Inc.
Printed On 10/30/2018 09:55 AM Page 1 of 6
FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013523
MANAGEMENT
Aftermarket Equipment Total
Description Billed or(C)apped Price
1000 per oak brook C $1,000.00
Total Aftermarket Equipment Billed $0.00
Total Aftermarket Equipment Capitalized $ 1,000.00
Aftermarket Equipment Total $1,000.00
Other Totals
Description Billed or(C)apped Price
Initial Administration Fee C $ 100.00
Courtesy Delivery Fee C $200.00
Total Other Charges Billed $0.00
Total Other Charges Capitalized $300.00
Other Charges Total $300.00
Printed On 10/30/2018 09:55 AM Page 2 of 6
_ FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013523
MANAGEMENT
VEHICLE INFORMATION:
2019 Ford Escape SE 4dr 4x4-US
Series ID:U9G
Pricing Summary:
INVOICE MSRP
Base Vehicle $26,740.00 $28,000.00
Total Options $0.00 $0.00
Destination Charge $995.00 $995.00
Total Price $27,735.00 $28,995.00
SELECTED COLOR:
Exterior:
Interior:
SELECTED OPTIONS:
CODE DESCRIPTION INVOICE MSRP
106WB 106"Wheelbase STD STD
17F U9G01 -SE Base NC NC
200A Equipment Group 200A NC NC
425 50-State Emissions System STD STD
446 Transmission:6-Speed Automatic w/SelectShift Included Included
64N Wheels: 17"Sparkle Silver-Painted Aluminum Included Included
99D Engine: 1.51-EcoBoost Included Included
K Heated Unique Cloth Front Bucket Seats Included Included
PAINT Monotone Paint Application STD STD
STDAX 3.51 Axle Ratio Included Included
STDGV GVWR:TBD Included Included
STDRD Radio:AM/FM Stereo w/MP3 Capable STD STD
STDTR Tires: P235/55R17 A/S BSW Included Included
SYNC3 SYNC 3 Communications&Entertainment System Included Included
SYNCON Ford Pass Connect 4G Wi-Fi Modem Included Included
Printed On 10/30/2018 09:55 AM Page 3 of 6
CONFIGURED FEATURES:
Body Exterior Features:
Number Of Doors 4
Rear Cargo Door Type: liftgate
Driver And Passenger Mirror: power remote manual folding side-view door mirrors
Convex Driver Mirror: convex driver and passenger mirror
Spoiler: rear lip spoiler
Door Handles: body-coloured
Front And Rear Bumpers: body-coloured front and rear bumpers with metal-look rub strip
Rear Bumper Insert: metal-look rear bumper insert
Body Material: fully galvanized steel body material
Body Side Cladding: grey bodyside cladding
Grille: coloured w/chrome surround grille
Exhaust Tip: chrome tip exhaust
Convenience Features:
Air Conditioning automatic dual-zone front air conditioning
Air Filter: air filter
Console Ducts: console ducts
Cruise Control: cruise control with steering wheel controls
Power Windows: power windows with front and rear 1-touch down
1/4 Vent Rear Windows: power rearmost windows
Remote Keyless Entry: keyfob(all doors)remote keyless entry
Illuminated Entry: illuminated entry
Key Pad: keypad locking
Integrated Key Remote: integrated key/remote
Auto Locking: auto-locking doors
Passive Entry: Intelligent Access proximity key
Trunk FOB Controls: keyfob trunk/hatch/door release
Remote Engine Start: remote engine start
Steering Wheel: steering wheel with manual tilting,manual telescoping
Day-Night Rearview Mirror: day-night rearview mirror
Driver and Passenger Vanity Mirror: illuminated auxiliary driver and passenger-side visor mirrors
Emergency SOS: SYNC 3 911 Assist emergency communication system
Front Cupholder: front and rear cupholders
Floor Console: full floor console with covered box
Overhead Console: mini overhead console with storage
Glove Box: illuminated glove box
Driver Door Bin: driver and passenger door bins
Rear Door Bins: rear door bins
Seatback Storage Pockets: 2 seatback storage pockets
Audio Media Storage: audio media storage
Interior Concealed Storage: interior concealed storage
IP Storage: bin instrument-panel storage
Rear Underseat Storage Tray: rear underseat storage tray
Driver Footrest: driver's footrest
Retained Accessory Power: retained accessory power
Power Accessory Outlet: 4 12V DC power outlets
Entertainment Features:
radio SiriusXM AM/FM/Satellite with seek-scan
Radio Data System: radio data system
Voice Activated Radio: voice activated radio
Speed Sensitive Volume: speed-sensitive volume
Steering Wheel Radio Controls: steering-wheel mounted audio controls
Speakers: 12 speakers
Internet Access: FordPass Connect 4G Wi-Fi Modem internet access
1st Row LCD: 2 1st row LCD monitor
Wireless Connectivity: wireless phone connectivity
Antenna: integrated roof antenna
Lighting,Visibility and Instrumentation Features:
Headlamp Type delay-off aero-composite halogen headlamps
Front Fog Lights: front fog lights
Printed On 10/30/2018 09:55 AM Page 4 of 6
Front Wipers: variable intermittent wipers
Rear Window wiper: fixed interval rear window wiper
Rear Window Defroster: rear window defroster
Tinted Windows: deep-tinted windows
Dome Light: dome light with fade
Front Reading Lights: front reading lights
Variable IP Lighting: variable instrument panel lighting
Display Type: analog display
Tachometer: tachometer
Compass: compass
Exterior Temp: outside-temperature display
Low Tire Pressure Warning: low-tire-pressure warning
Trip Computer: trip computer
Trip Odometer: trip odometer
Water Temp Gauge: water temp.gauge
Clock: in-radio display clock
Systems Monitor: systems monitor
Rear Vision Camera: rear vision camera
Oil Pressure Warning: oil-pressure warning
Water Temp Warning: water-temp.warning
Battery Warning: battery warning
Lights On Warning: lights-on warning
Key in Ignition Warning: key-in-ignition warning
Low Fuel Warning: low-fuel warning
Low Washer Fluid Warning: low-washer-fluid warning
Bulb Failure Warning: bulb-failure warning
Door Ajar Warning: door-ajar warning
Trunk Ajar Warning: trunk-ajar warning
Brake Fluid Warning: brake-fluid warning
Safety And Security:
ABS four-wheel ABS brakes
Number of ABS Channels: 4 ABS channels
Brake Assistance: brake assist
Brake Type: four-wheel disc brakes
Vented Disc Brakes: front ventilated disc brakes
Daytime Running Lights: daytime running lights
Spare Tire Type: compact spare tire
Spare Tire Mount: spare tire mounted inside under cargo
Driver Front Impact Airbag: driver and passenger front-impact airbags
Driver Side Airbag: seat-mounted driver and passenger side-impact airbags
Overhead Airbag: Safety Canopy System curtain 1st and 2nd row overhead airbag
Knee Airbag: knee airbag
Occupancy Sensor: front passenger airbag occupancy sensor
Height Adjustable Seatbelts: height adjustable front seatbelts
Seatbelt Pretensioners: front seatbelt pre-tensioners
3Point Rear Centre Seatbelt: 3 point rear centre seatbelt
Side Impact Bars: side-impact bars
Tailgate/Rear Door Lock Type: tailgate/rear door lock included with power door locks
Rear Child Safety Locks: rear child safety locks
Ignition Disable: SecuriLock immobilizer
Security System: security system
Panic Alarm: panic alarm
Tracker System: tracker system
Electronic Stability: AdvanceTrac w/Roll Stability Control electronic stability stability control with anti-roll
Traction Control: ABS and driveline traction control
Front and Rear Headrests: manual adjustable front head restraints with tilt
Rear Headrest Control: 3 rear head restraints
Break Resistant Glass: break resistant glass
Seats And Trim:
Seating Capacity max.seating capacity of 5
Front Bucket Seats: front bucket seats
Front Heated Cushion: driver and passenger heated-cushions
Printed On 10/30/2018 09:55 AM Page 5 of 6
Front Heated Seatback: driver and passenger heated-seatbacks
Number of Driver Seat Adjustments: 8-way driver and passenger seat adjustments
Reclining Driver Seat: power reclining driver and manual reclining passenger seats
Driver Lumbar: power 2-way driver and passenger lumbar support
Driver Height Adjustment: power height-adjustable driver and passenger seats
Driver Fore/Aft: power driver and passenger fore/aft adjustment
Driver Cushion Tilt: power driver and passenger cushion tilt
Front Centre Armrest Storage: front centre armrest
Rear Seat Type: rear manual reclining 60-40 split-bench seat
Rear Folding Position: rear seat fold-forward seatback
Rear Seat Armrest: rear seat centre armrest
Leather Upholstery: cloth front and rear seat upholstery
Door Trim Insert: cloth door panel trim
Headliner Material: full cloth headliner
Floor Covering: full carpet floor covering
Dashboard Console Insert,Door Panel Insert Combination: metal-look instrument panel insert,door panel insert,console insert
Shift Knob Trim: metal-look shift knob
Floor Mats: carpet front and rear floor mats
Interior Accents: chrome/metal-look interior accents
Cargo Space Trim: carpet cargo space
Trunk Lid: plastic trunk lid/rear cargo door
Cargo Tie Downs: cargo tie-downs
Cargo Light: cargo light
Concealed Cargo Storage: concealed cargo storage
Standard Engine:
Engine 179-hp, 1.5-liter 1-4(regular gas)
Standard Transmission:
Transmission 6-speed automatic w/OD and auto-manual
Printed On 10/30/2018 09:55 AM Page 6 of 6
_ FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013469
MANAGEMENT
Prepared For: Village of Oak Brook Date 10/30/2018
AE/AM RSJ
Unit#
Year 2019 Make Ford Model F-550 Chassis
Series XL 4x4 SD Regular Cab 145 in.WB DRW
Vehicle Order Type Ordered Term 60 State IL Customer# 585879
$88,424.00 ' All language and acknowledgments contained in the signed quote
Capitalized Price of Vehicle apply to all vehicles that are ordered under this signed quote.
$5,968.62 * License and Certain Other Charges State IL
$196.00 * Initial License Fee
$0.00 * Registration Fee Order Information
$200.00 Other:Courtesy Delivery Fee Driver Name
$11,000.00 * Capitalized Price Reduction Exterior Color
$0.00 Tax on Capitalized Price Reduction Interior Color
$0.00 Gain Applied From Prior Unit Lic.Plate Type Unknown
$0.00 * Tax on Gain On Prior GVWR 0
$0.00 Security Deposit
$0.00 * Tax on Incentive(Taxable Incentive Total:$0.00)
$77,624.00 Total Capitalized Amount(Delivered Price)
$970.30 Depreciation Reserve @ 1.2500%
$330.68 Monthly Lease Charge(Based on Interest Rate-Subject to a Floor)2
$1,300.98 Tota[Monthly Renta[Excluding Additional Services
Additional Fleet Management
Master Policy Enrollment Fees
$0.00 Commercial Automobile Liability Enrollment
Liability Limit $0.00
$0.00 Physical Damage Management Comp/Coll Deductible 0/0
$0.00 Full Maintenance Programa Contract Miles 0 OverMileage Charge $0.00 Per Mile
Incl:#Brake Sets(1 set= 1 Axle) 0 #Tires 0 Loaner Vehicle Not Included
$0.00 Additional Services SubTotal
$0.00 Use Tax 0.0000% State
$1,300.98 Tota[Monthly Renta[Including Additional Services
$19,406.00 Reduced Book Value at 60 Months
$400.00 Service Charge Due at Lease Termination
Quote based on estimated annual mileage of 7,500
(Current market and vehicle conditions may also affect value of vehicle)
(Quote is Subject to Customer's Credit Approval)
Notes
Enterprise FM Trust will be the owner of the vehicle covered by this Quote. Enterprise FM Trust(not Enterprise Fleet Management)will be the Lessor of such vehicle under the Master
Open-End(Equity)Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open-End(Equity)Lease Agreement with respect to such vehicle.
ALL TAX AND LICENSE FEES TO BE BILLED TO LESSEE AS THEY OCCUR.
Lessee hereby authorizes this vehicle order,agrees to lease the vehicle on the terms set forth herein and in the Master Equity Lease Agreement and
agrees that Lessor shall have the right to collect damages in the event Lessee fails or refuses to accept delivery of the ordered vehicle.
Lessee certifies that it intends th Ore than 50%of the use of the vehicle is tote in a trade or business of the Lessee.
LES�E Village of Oa ro
BY TITLE r DATE
`INDICATES ITEMS TO BE BILLED ON DELIVERY.
Capitalized Price of Vehicle May be Adjusted to Reflect Final Manufacturer's Invoice,Lessee Hereby Assigns to Lessor any Manufacturer Rebates And/Or Manufacturer Incentives Intended for the Lessee,Which
Rebates And/Or Incentives Have Been Used By Lessor to Reduce the Capitalized Price of the Vehicle.
2 Monthly Lease Charge Will Be Adjusted to Reflect the Interest Rate on the Delivery Date(Subject to a Floor).
3 The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this[Invoice/Schedule/Quote],all such
maintenance services are to be performed by Enterprise Fleet Management,Inc.,and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management,Inc.,pursuant to that
certain separate[Maintenance Agreement]entered into by and between Lessee and Enterprise Fleet Management,Inc.;provided that such maintenance fees are being billed by Enterprise FM Trust,and are payable
at the direction of Enterprise FM Trust,solely as an authorized agent for collection on behalf of Enterprise Fleet Management,Inc.
Printed On 10/30/2018 09:47 AM Page 1 of 5
FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013469
MANAGEMENT
Aftermarket Equipment Total
Description Billed or(C)apped Price
dump body C $0.00
Total Aftermarket Equipment Billed $0.00
Total Aftermarket Equipment Capitalized $0.00
Aftermarket Equipment Total $0.00
Printed On 10/30/2018 09:47 AM Page 2 of 5
I kz] P _ FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013469
MANAGEMENT
VEHICLE INFORMATION:
2019 Ford F-550 Chassis XL 4x4 SD Regular Cab 145 in.WB DRW-US
Series ID:F5H
Pricing Summary:
INVOICE MSRP
Base Vehicle $39,727.00 $42,040.00
Total Options $0.00 $0.00
Destination Charge $ 1,495.00 $1,495.00
Total Price $41,222.00 $43,535.00
SELECTED COLOR:
Exterior:
Interior:
SELECTED OPTIONS:
CODE DESCRIPTION INVOICE MSRP
145WB 145'Wheelbase STD STD
425 50-State Emissions System STD STD
44P Transmission:TorclShift 6-Speed Automatic(6R140) Included Included
64Z Wheels: 19.5'Argent Painted Steel Included Included
660A Order Code 660A NC NC
99Y Engine:6.81-3-Valve SOHC EFI NA V10 Included Included
A HD Vinyl 40/20/40 Split Bench Seat Included Included
PAINT Monotone Paint Application STD STD
STDGV GVWR: 18,000 lbs Payload Package Included Included
STDRD Radio:AM/FM Stereo Included Included
TFB Tires:225/70Rx19.5G BSW AS Included Included
X48 4.88 Axle Ratio Included Included
Printed On 10/30/2018 09:47 AM Page 3 of 5
CONFIGURED FEATURES:
Body Exterior Features:
Number Of Doors 2
Driver And Passenger Mirror: manual folding side-view door mirrors
Mirror Type: manual extendable trailer mirrors
Door Handles: black
Front And Rear Bumpers: black front and rear bumpers with black rub strip
Front Tow Hooks: 2 front tow hooks
Front License Plate Bracket: front license plate bracket
Front Mud Flaps: front and rear mud flaps
Body Material: aluminum body material
: trailering with harness
Fender Flares: black fender flares
Grille: black grille
Upfitter Switches: upfitter switches
Convenience Features:
Air Conditioning manual air conditioning
Air Filter: air filter
Steering Wheel: steering wheel with manual tilting,manual telescoping
Day-Night Rearview Mirror: day-night rearview mirror
Front Cupholder: front cupholder
Glove Box: illuminated locking glove box
Dashboard Storage: covered dashboard storage
IP Storage: bin instrument-panel storage
Power Accessory Outlet: 2 12V DC power outlets
Entertainment Features:
radio AM/FM stereo with seek-scan
Speakers: 8 speakers
1st Row LCD: 1 1st row LCD monitor
Antenna: fixed antenna
Lighting,Visibility and Instrumentation Features:
Headlamp Type delay-off aero-composite halogen headlamps
Cab Clearance Lights: cab clearance lights
Underhood Light: underhood light
Front Wipers: variable intermittent wipers
Tinted Windows: light-tinted windows
Dome Light: dome light with fade
Front Reading Lights: front reading lights
Variable IP Lighting: variable instrument panel lighting
Display Type: analog display
Tachometer: tachometer
Exterior Temp: outside-temperature display
Trip Computer: trip computer
Trip Odometer: trip odometer
Oil Pressure Gauge: oil pressure gauge
Water Temp Gauge: water temp.gauge
Transmission Oil Temp Gauge: transmission oil temp.gauge
Engine Hour Meter: engine hour meter
Clock: in-radio display clock
Systems Monitor: systems monitor
Oil Pressure Warning: oil-pressure warning
Water Temp Warning: water-temp.warning
Battery Warning: battery warning
Lights On Warning: lights-on warning
Key in Ignition Warning: key-in-ignition warning
Low Fuel Warning: low-fuel warning
Door Ajar Warning: door-ajar warning
Brake Fluid Warning: brake-fluid warning
Safety And Security:
ABS four-wheel ABS brakes
Printed On 10/30/2018 09:47 AM Page 4 of 5
Number of ABS Channels: 3 ABS channels
Brake Assistance: brake assist
Brake Type: four-wheel disc brakes
Vented Disc Brakes: front and rear ventilated disc brakes
Daytime Running Lights: daytime running lights
Driver Front Impact Airbag: driver and passenger front-impact airbags
Driver Side Airbag: seat-mounted driver and passenger side-impact airbags
Overhead Airbag: Safety Canopy System curtain 1st row overhead airbag
Height Adjustable Seatbelts: height adjustable front seatbelts
Side Impact Bars: side-impact bars
Traction Control: driveline traction control
Front and Rear Headrests: manual adjustable front head restraints
Seats And Trim:
Seating Capacity max.seating capacity of 3
Front Bucket Seats: front split-bench 40-20-40 seats
Number of Driver Seat Adjustments: 4-way driver and passenger seat adjustments
Reclining Driver Seat: manual reclining driver and passenger seats
Driver Lumbar: manual driver and passenger lumbar support
Driver Fore/Aft: manual driver and passenger fore/aft adjustment
Front Centre Armrest Storage: front centre armrest with storage
Leather Upholstery: vinyl front seat upholstery
Headliner Material: full cloth headliner
Floor Covering: full vinyl/rubber floor covering
Shift Knob Trim: urethane shift knob
Interior Accents: chrome interior accents
Standard Engine:
Engine 288-hp,6.8-liter V-10(regular gas)
Standard Transmission:
Transmission 6-speed automatic w/OD and auto-manual
Printed On 10/30/2018 09:47 AM Page 5 of 5
_ FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013486
MANAGEMENT
Prepared For: Village of Oak Brook Date 10/30/2018
AE/AM RSJ
Unit#
Year 2019 Make Ford Model F-450 Chassis
Series XL 44 SD Regular Cab 145 in.WB DRW
Vehicle Order Type Ordered Term 60 State IL Customer# 585879
$71,309.00f All language and acknowledgments contained in the signed quote
Capitalized Price of Vehicle apply to all vehicles that are ordered under this signed quote.
$4,813.36 * License and Certain Other Charges State IL
$196.00 * Initial License Fee
$0.00 * Registration Fee Order Information
$200.00 Other:Courtesy Delivery Fee Driver Name
$10,000.00 * Capitalized Price Reduction Exterior Color
$0.00 * Tax on Capitalized Price Reduction Interior Color
$0.00 Gain Applied From Prior Unit Lic.Plate Type Unknown
$0.00 Tax on Gain On Prior GVWR 0
$0.00 * Security Deposit
$0.00 * Tax on Incentive(Taxable Incentive Total:$0.00)
$61,509.00 Total Capitalized Amount(Delivered Price)
$768.86 Depreciation Reserve @ 1.2500%
$263.73 Monthly Lease Charge(Based on Interest Rate-Subject to a Floor)2
$1,032.59 Total Monthly Rental Excluding Additional Services
Additional Fleet Management
Master Policy Enrollment Fees
$0.00 Commercial Automobile Liability Enrollment
Liability Limit $0.00
$0.00 Physical Damage Management Comp/Coll Deductible 0 10
$0.00 Full Maintenance Programa Contract Miles 0 OverMileage Charge $0.00 Per Mile
Incl:#Brake Sets(1 set= 1 Axle) 0 #Tires 0 Loaner Vehicle Not Included
$0.00 Additional Services SubTotal
$0.00 Use Tax 0.0000% State
$1,032.59 Tota[Monthly Renta[Including Additional Services
$15,377.40 Reduced Book Value at 60 Months
$400.00 Service Charge Due at Lease Termination
Quote based on estimated annual mileage of 7,500
(Current market and vehicle conditions may also affect value of vehicle)
(Quote is Subject to Customer's Credit Approval)
Notes
Enterprise FM Trust will be the owner of the vehicle covered by this Quote. Enterprise FM Trust(not Enterprise Fleet Management)will be the Lessor of such vehicle under the Master
Open-End(Equity)Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open-End(Equity)Lease Agreement with respect to such vehicle.
ALL TAX AND LICENSE FEES TO BE BILLED TO LESSEE AS THEY OCCUR.
Lessee hereby authorizes this vehicle order,agrees to lease the vehicle on the terms set forth herein and in the Master Equity Lease Agreement and
agrees that Lessor shall have the right tty collect damages in the event Lessee fails or refuses to accept delivery of the ordered vehicle.
Lessee s that it intends that or Chap 50%of the use of the vehicle ijs�e in a trade or business of the Lessee.
r
LES;J��illage rook ^
B . _�-4 TITLE II4DATE ft
`INDICATES ITEMS TO BE BILLED ON DELIVERY.
Capitalized Price of Vehicle May be Adjusted to Reflect Final Manufacturer's Invoice.Lessee Hereby Assigns to Lessor any Manufacturer Rebates And/Or Manufacturer Incentives Intended for the Lessee,Which
Rebates And/Or Incentives Have Been Used By Lessor to Reduce the Capitalized Price of the Vehicle.
2 Monthly Lease Charge Will Be Adjusted to Reflect the Interest Rate on the Delivery Date(Subject to a Floor).
3 The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this[Invoice/Schedule/Quote],all such
maintenance services are to be performed by Enterprise Fleet Management,Inc.,and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management,Inc.,pursuant to that
certain separate[Maintenance Agreement]entered into by and between Lessee and Enterprise Fleet Management,Inc.;provided that such maintenance fees are being billed by Enterprise FM Trust,and are payable
at the direction of Enterprise FM Trust,solely as an authorized agent for collection on behalf of Enterprise Fleet Management,Inc.
Printed On 10/30/2018 09:51 AM Page 1 of 5
FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013486
MANAGEMENT
Aftermarket Equipment Total
Description Billed or(C)apped Price
dump body and plow C $0.00
Total Aftermarket Equipment Billed $0.00
Total Aftermarket Equipment Capitalized $0.00
Aftermarket Equipment Total $0.00
Printed On 10/30/2018 09:51 AM Page 2 of 5
_ FLEET Open-End (Equity) Lease Rate Quote Quote No: 4013486
MANAGEMENT
VEHICLE INFORMATION:
2019 Ford F-450 Chassis XL 4x4 SD Regular Cab 145 in.WB DRW-US
Series ID:F4H
Pricing Summary:
INVOICE MSRP
Base Vehicle $38,683.00 $40,935.00
Total Options $0.00 $0.00
Destination Charge $1,495.00 $1,495.00
Total Price $40,178.00 $42,430.00
SELECTED COLOR:
Exterior:
Interior:
SELECTED OPTIONS:
CODE DESCRIPTION INVOICE MSRP
145WB 145"Wheelbase STD STD
425 50-State Emissions System STD STD
44P Transmission:TorclShift 6-Speed Automatic(6R140) Included Included
64Z Wheels: 19.5'Argent Painted Steel Included Included
650A Order Code 650A INC NC
99Y Engine:6.81-3-Valve SOHC EFI NA V10 Included Included
A HD Vinyl 40/20/40 Split Bench Seat Included Included
PAINT Monotone Paint Application STD STD
STDGV GVWR: 16,500 Ib Payload Package Included Included
STDRD Radio:AM/FM Stereo Included Included
TFB Tires:225/70Rx19.5G BSW AS Included Included
X48 4.88 Axle Ratio Included Included
Printed On 10/30/2018 09:51 AM Page 3 of 5
CONFIGURED FEATURES:
Body Exterior Features:
Number Of Doors 2
Driver And Passenger Mirror: manual folding side-view door mirrors
Mirror Type: manual extendable trailer mirrors
Door Handles: black
Front And Rear Bumpers: black front and rear bumpers with black rub strip
Front Tow Hooks: 2 front tow hooks
Front License Plate Bracket: front license plate bracket
Front Mud Flaps: front and rear mud flaps
Body Material: aluminum body material
: trailering with harness
Fender Flares: black fender flares
Grille: black grille
Upfitter Switches: upfitter switches
Convenience Features:
Air Conditioning manual air conditioning
Air Filter: air filter
Steering Wheel: steering wheel with manual tilting,manual telescoping
Day-Night Rearview Mirror: day-night rearview mirror
Front Cupholder: front cupholder
Glove Box: illuminated locking glove box
Dashboard Storage: covered dashboard storage
IP Storage: bin instrument-panel storage
Power Accessory Outlet: 2 12V DC power outlets
Entertainment Features:
radio AM/FM stereo with seek-scan
Speakers: 8 speakers
1st Row LCD: 1 1st row LCD monitor
Antenna: fixed antenna
Lighting,Visibility and Instrumentation Features:
Headlamp Type delay-off aero-composite halogen headlamps
Cab Clearance Lights: cab clearance lights
Underhood Light: underhood light
Front Wipers: variable intermittent wipers
Tinted Windows: light-tinted windows
Dome Light: dome light with fade
Front Reading Lights: front reading lights
Variable IP Lighting: variable instrument panel lighting
Display Type: analog display
Tachometer: tachometer
Exterior Temp: outside-temperature display
Trip Computer: trip computer
Trip Odometer: trip odometer
Oil Pressure Gauge: oil pressure gauge
Water Temp Gauge: water temp.gauge
Transmission Oil Temp Gauge: transmission oil temp.gauge
Engine Hour Meter: engine hour meter
Clock: in-radio display clock
Systems Monitor: systems monitor
Oil Pressure Warning: oil-pressure warning
Water Temp Warning: water-temp.warning
Battery Warning: battery warning
Lights On Warning: lights-on warning
Key in Ignition Warning: key-in-ignition warning
Low Fuel Warning: low-fuel warning
Door Ajar Warning: door-ajar warning
Brake Fluid Warning: brake-fluid warning
Safety And Security:
ABS four-wheel ABS brakes
Printed On 10/30/2018 09:51 AM Page 4 of 5
Number of ABS Channels: 3 ABS channels
Brake Assistance: brake assist
Brake Type: four-wheel disc brakes
Vented Disc Brakes: front and rear ventilated disc brakes
Daytime Running Lights: daytime running lights
Driver Front Impact Airbag: driver and passenger front-impact airbags
Driver Side Airbag: seat-mounted driver and passenger side-impact airbags
Overhead Airbag: Safety Canopy System curtain 1st row overhead airbag
Height Adjustable Seatbelts: height adjustable front seatbelts
Side Impact Bars: side-impact bars
Traction Control: driveline traction control
Front and Rear Headrests: manual adjustable front head restraints
Seats And Trim:
Seating Capacity max.seating capacity of 3
Front Bucket Seats: front split-bench 40-20-40 seats
Number of Driver Seat Adjustments: 4-way driver and passenger seat adjustments
Reclining Driver Seat: manual reclining driver and passenger seats
Driver Lumbar: manual driver and passenger lumbar support
Driver Fore/Aft: manual driver and passenger fore/aft adjustment
Front Centre Armrest Storage: front centre armrest with storage
Leather Upholstery: vinyl front seat upholstery
Headliner Material: full cloth headliner
Floor Covering: full vinyl/rubber floor covering
Shift Knob Trim: urethane shift knob
Interior Accents: chrome interior accents
Standard Engine:
Engine 288-hp,6.8-liter V-10(regular gas)
Standard Transmission:
Transmission 6-speed automatic w/OD and auto-manual
Printed On 10/30/2018 09:51 AM Page 5 of 5
Plan A
Montbly
Estimated Payment
Year Make,Model Mileige VIN Fair Market Replacement Vehicle After Market Equipment
Value with Fixed
Maintenance
2015 CHEVROLET TAHOE 66,963 1GNSK2EC1 FR687740 $ 17,000.00 Tahoe Police 4x4 6k upfit/transfer-No Maintenance $802.00
2008 FORD F-450 um 9 na
Na Maintence 1:01 .00
2008 FORD F 450 M80,595 1FDXF47R18EC06611 S 13.000.00 F550 Dump Sod .No Maintenance $1,293.00
2008 GMC YUKON 55,692 1GKFK1635BJ221910 $ 11,000.00 Tahoe LT 4x4 6k upfit/transfer-No Maintenance $746.00
2015 CHEVROLET TAHOE 62,197 1 GNSK2EC8FR666357 $ 16,000.00 Tahoe Police 4x4 6k upfit/transfer-No Maintenance $802.00
2012 CHEVROLET TAHOE 85,984 1GNSK2EO3CR313431 $ 13,500.00 Tahoe LT 4x4 2k upfit/transfer $681.00
2012 FORD ESCAPE 36,197 1FMCUOC75CKC29191 $ 7,000.00 Ford Escape SE 4x4 1k upfit/transfer $281.00
2012 FORD ESCAPE 38,468 1FMCU9DG6CKB68887 $ 8,000.00 Ford Escape SE 4x4 ik upfit/transfer $281.00
2012 FORD ESCAPE 51,914 1FMCU9DGSCKB68888 $ 7,000.00 Ford Escape SE 4x4 lk upfit/transfer $281.00
2012 FORD FOCUS 17,247 1FAHP3E27CL216835 $ 4,000.00 Ford Fusion SE none $195.00
2012 FORD FOCUS 30,631 1FAHP3E25CL216834 $ 3,800.00 Ford Fusion SE none $195.00
2013 CHEVROLET TAHOE 105,637 1GNSK2E01DR314031 $ 14,300.00 Tahoe LT 4x4 2k upfit/transfer $681.00
2013 FORD TAURUS 53,643 1FAHP2M87DG157652 $ 9,000.00 Tahoe Police 4x4 6k upfit/transfer-No Maintenance $802.00
2015 CHEVROLET TAHOE 61,069 1GNSK2ECXFR725330 $ 16,000.00 Tahoe Police 4x4 6k upfit/transfer-No Maintenance $802.00
2015 CHEVROLET TAHOE 58,947 1GNSK2EC5FR672326 $ 16,750.00 Tahoe Police 4x4 6k upfit/transfer-No Maintenance $802.00
56,070 $171,350 $9,655.00
Selling Fee($400/per vehicle) $6,000
Total Equity $165,350
Rolled Equity per vehilce $11,023.33