TERMS AND CONDITIONS
ADDENDUM
AGREEMENT #
2047042
Addendum to Agreement # 2047042 and any future supplements/schedules thereto, between City of Burbank , as Customer and UBEO West, LLC, as Owner(“Agreement”). The words “you” and “your” refer to Customer. The words “we,” “us” and “our” refer to Owner.
The parties wish to amend the above-referenced Agreement as follows:
Paragraph 2. OWNERSHIP; PAYMENTS; TAXES AND FEES:
Sentence 4 has been modified to read as follows:
“If any part of a Payment is more than 45 days late, you agree to pay a late charge of 10% of the Payment which is late or, if less, the maximum charge allowed by law.” Paragraph 8. END OF TERM:
Sentence 1 has been modified to read as follows:
“At the end of the initial term, this Agreement shall renew for no more than two (2) successive 12-month
renewal term(s) under the same terms hereof unless you send us written notice between 90 and 150 days before the end of the initial term or at least 30 days before the end of the first renewal term that you want to return the Equipment, and you timely return the Equipment.” Sentence 3 has been modified to read as follows:
“As long as you have given us the required written notice, if you do not purchase the Equipment, you will return all of the Equipment to a location we specify, at UBEO West, LLC’s expense, in retail re-saleable condition, full working order and complete repair.”
Sentences 4 and 5, as stated below, have been removed in their entirety:
“At the end of the term or upon repossession of the Equipment after a default, you agree to pay us a minimum return fee of $250, which will cover up to 10 units of returned Equipment and will not be prorated, and in addition, a supplemental return fee of up to $50 per each unit of returned Equipment in excess of 10 units (collectively, the “Return Fee”).”
“If, in our sole discretion, we allow you to return any Equipment prior to the end of the term, you shall pay us the Return Fee each time you return Equipment.”
By signing this Addendum, Customer acknowledges the above changes to the Agreement and authorizes Owner to make such changes. In the event of any conflict between this Addendum and the Agreement, this Addendum shall prevail. In all other respects, the terms and conditions of the Agreement remain in full force and effect and remain binding on Customer.
UBEO West, LLC
City of Burbank
Owner
Customer
X
Signature
Signature
Title
Date
Title
Date
Attachment 4