LEASE AGREEMENT
LEASE NUMBER 102
DATE OF LEASE 09-01-97
LESSOR: LESLIE RUDD INVESTMENT COMPANY
314 South Galena Street
Aspen, Colorado 81611
303-925-5866
LESSEE: Dean & Deluca Brands, Inc. LOCATION OF EQUIPMENT
560 Broadway 2526 E. 36th St.
New York, NY 10012 North Circle
212-226-6800 Wichita, KS 67219
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TERM: 36 Months COMMENCEMENT DATE: 09-01-97
RENTAL PAYMENT SCHEDULE
$280.52 per month including sales and use tax for the first 36 months followed
by $89.11 per month including sales and use tax until the Lease Agreement is
terminated.
SECURITY DEPOSIT
$0 payable at time of signing of the Lease to be applied, if not used, to the
last 0 rental payments, plus sales and use tax, in the inverse order of their
respective maturities.
EQUIPMENT DESCRIPTION
(Model #, Serial #, or Other Description)
ADT Security Services - Equipment
Alarm System Installed
LEASE NUMBER 102
LEASE AGREEMENT
This Lease shall constitute an agreement of lease and nothing herein shall be
construed as conveying to Lessee any right, title, or interest in any of the
Equipment. The undersigned agree to all terms and conditions set forth above and
in witness thereof hereby execute this Lease.
NAME OF LESSEE:
Dean & Deluca Brands, Inc.
SIGNED BY: /s/ DANE J. NELLER
------------------------------------------------
Dane J. Neller
Chief Executive Officer Seal
This Lease shall not become effective until accepted by Lessor.
NAME OF LESSOR:
LESLIE RUDD INVESTMENT COMPANY
ACCEPTED DATE: 09-01-97
SIGNED BY: /s/ JON BOWMAN
-------------------------------------------------
Jon Bowman
Secretary
LESSEE'S SIGNATURE IN INK REQUIRED ON ORIGINAL LEASE AND LESSEE'S COPY.
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