BRENTWOOD CREDIT CORPORATION
SCHEDULE NO. 01
TO EQUIPMENT LEASE NO. III-1000-100
DATED June 1, 1996
LESSEE Interactive Imaginations, Inc.
SCHEDULE TOTAL: $852,325.00
Equipment Data:
QUANTITY TYPE MODEL & DESCRIPTION
-------- ---- -------------------
See attached for breakdown of equipment.
Location of Equipment 915 Broadway, Suite 1605
New York, NY 10010
Term of Schedule: 6 quarters commencing on June 1, 1996 up to and including
November 30, 1997.
Rental Payments: $150,965.00 per quarter in advance plus applicable sales tax.
Brentwood Credit Corporation, (Lessor) hereby agrees to lease to the
Lessee named below, and Lessee hereby agrees to lease and rent from Lessor the
equipment listed above, for the term and rental payments specified, all subject
to the terms and conditions set forth in such equipment lease.
Lessor: BRENTWOOD CREDIT Lessee: INTERACTIVE IMAGINATIONS,
CORPORATION INC.
By: s/s Michael J. Budzinski By: /w/ Jeff Mart
------------------------ ------------------------
Title: CFO Title: VP, Finance
------------------------ ------------------------
Date: June 1, 1996 Date: June 1, 1996
------------------------ ------------------------
1620 26th Street 915 Broadway, Suite 1605
Suite #290-S New York, NY 10010
(310) 828-1199
Thursday, 10/9/97
Mr. Ross Goldstein
EVP, Finance & CFO
Interactive Imaginations, Inc.
915 Broadway, Suite 1608
New York, NY 10010
Dear Ross:
Brentwood Credit Corporation (BCC) and AT&T Systems Leasing agree to offer
Interative Imaginations, Inc. (III) extended payment terms for the deferred
quarterly lease obligation originally due on 9/1/97. These terms will consist of
one payment due 10/15/97 of $45,000 (plus cable tax), in addition to the
following equipment return & extension agreement:
Server Type Return/Extended Effective 1-Year Lease*
----------- --------------- --------- -------------
(1) Challenge XL Returned on or before 10/20/97
(1) Challenge DM Returned ' '
(2) Challenge S Returned ' '
(1) Challenge L Deskside Extended 12/1/97 $21,525/qtr
(2) Challenge S Servers Extended 12/1/97 $2,060/qtr/ea
-------------
$25,645/quarter**
o Extension Period = 12 months (12/01/97 - 11/30/98)
** Quarterly invoices due 3/1/98, 6/1/98 & 9/1/98 are $45,935 (plus applicable tax)
per quarter to reflect the deferral in the 10/15/97 payment.
Countersigned receipt of your signature below serves as notification to accept
these terms & conditions - which remain valid through end-of-day tomorrow,
10/10/97. Contact myself or Mike Budzinski (CFO) immediately with questions
(310/828-1199). Please instruct your technical team to prepare the four
returning assets for shipment on or before Monday, 10/20/97, configured
identical to their original condition as listed on the Attachment to Lease
Schedule #1.
Regards, Agreed to & Accepted by:
/s/ Jay Axelson
Jay Axelson Name: /s/ Michael Paolucci
Director, Sales ------------------------
Brentwood Credit Corporation Title: Chairman
------------------------
Date: 10/10/97
------------------------
Interactive Imaginations, Inc.
Brentwood Credit Corporation
1620 26th Street, Suite 290-S, Santa Monica, California 90404 310-828-1199
fax: 310-828-7781
INTERACTIVE IMAGINATIONS, INC.
SCHEDULE 01 TO MASTER LEASE III-1000-100
EQUIPMENT ATTACHMENT
PAGE 1
QTY EQUIPMENT DESCRIPTION
--- ---------------------
SILICON GRAPHICS COMPUTER SYSTEMS
1 CHALLENGE L DESKSIDE SERVER, 8x250MHZ R4400w/4MB
SECONDARY CACHE, 64MB MEMORY, 1 IMB, 2GB SYS DISK
1 FIRST 512MB SUPER DENS MEM, 2 WAY INTERLEAVE, 1 IMB FOR
CHALLENGE AND ONYX SYSTEMS
1 2GB SCSI-2 FAST, WIDE DIFFERENTIAL SYSTEM DISK FOR ALL
CHALLENGE AND ONXY SYSTEMS
INTERACTIVE IMAGINATIONS, INC.
SCHEDULE 01 TO MASTER LEASE III-1000-100
EQUIPMENT ATTACHMENT
PAGE 2
1 RACKMOUNT RAID ENCLOSURE WITH 1 CONTROLLER, 2 POWER
SUPPLIES, FIVE 4.3GB DISK DRIVES
3 FIVE 4.3GB DISK DRIVES FOR INSTALLATION IN RAID CABINET ONLY
1 SECOND RAID CONTROLLER W/64MB MIRRORED CACHE (128MB
TOTAL) AND BBU
1 THIRD POWER SUPPLY FOR INSTALLATION IN RAID CABINET FOR
TWO CONTROLLER CONFIGURATIONS
1 DESTINATION KIT FOR STAND-ALONE PERIPHERALS 91 (110V)
1 SCSI-2 10 MHZ/16-BIT DIFFERENTIAL MEZZANINE CARD FOR
CHALLENGE AND ONYX SYSTEMS
1 IRIX 5.3 OPERATING SYSTEM SOFTWARE AND MANUALS FOR
SERVERS (NOT R800 SYSTEMS). CD-ROM MEDIA
1 FDDI 2 PORT SINGLE ATTACHED HIO INTERFACE FOR CHALLENGE
DM/L/XL, ONYX (IRIX 5.3.6.1 AND 6.2)
1 DESTINATION KIT FOR L SERIES, ONYX RE2, VTX, EX DESKSIDE
REALITY STATION, 110V
2 CD-ROM UPDATE MEDIA REQUIREMENTS - FOR SUPPORT ONLY
INTERACTIVE IMAGINATIONS, INC.
SCHEDULE 01 TO MASTER LEASE III-1000-100
EQUIPMENT ATTACHMENT
PAGE 3
4 64MB MEMORY UPGRADE FOR INDIGO2 POWER INDIGO2, INDY,
CHALLENGE S, CHALLENGE M, & POWER CHALLENGE M
1 EXTERNAL 4x CD ROM SCSI DRIVE
4 FDDI, SINGLE ATTACH INTERFACE FOR INDY, CD AND MANUAL KIT
(IRIX 5.1)
4 CD-ROM UPDATE MEDIA REQUIREMENTS - FOR SUPPORT ONLY
1 FULL EXTENDED WARRANTY
Equipment Lease Agreement - Brentwood Credit Corp. and Interactive Imaginations Inc.
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