LEASE AGREEMENT LEASE NUMBER 105 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 -------------------------------------------------------------------------------- TERM: 36 Months COMMENCEMENT DATE: 09-01-97 RENTAL PAYMENT SCHEDULE $427.50 per month including sales and use tax for the first 36 months followed by $135.79 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) Southern Kansas Telephone - Telephone Equipment Norstar Startalk System & Paging System - Installed LEASE NUMBER 105 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. 2
Equipment Lease Agreement No. 105 - Leslie Rudd Investment Co. and Dean & DeLuca Brands Inc.
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