enterprise
FLEET MANAGEMENT
AMENDMENT TO MASTER EQUITY LEASE AGREEMENT
THIS AMENDMENT ("Amendment") dated this
part of, the day of
("Agreement") by and between Enterprise FM Trust, a Delaware statutory trust ("Lessor") and City of Garden Grove ("Lessee"). This Amendment is made for good and valuable consideration, the receipt of which is hereby acknowledged by the parties.
Section 3(e) of the Master Equity Lease Agreement is amended to read as follows:
Section 17 of the Master Equity Lease Agreement is amended to read as follows:
Subject to the provisions of Section 15, this Agreement will be binding upon Lessee and its heirs, executors, personal representatives, successors and assigns, and will inure 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 California (determined without reference to conflict of law principles).
All references in the Agreement and in the various Schedules and addenda to the Agreement and any other eferences of similar import shall henceforth mean the Agreement as amended by this Amendment. Except to the extent specifically amended by this Amendment, all of the terms, provisions, conditions, covenants, representations and warranties contained in the Agreement shall be and remain in full force and effect and the same are hereby ratified and confirmed
IN WITNESS WHEREOF, Lessor and Lessee have executed this Amendment to Master Equity Lease Agreement as of the day and year first above written.
City of Garden Grove (Lessee) Enterprise FM Trust (Lessor) By: Enterprise Fleet Management, Inc., its attorney in fact By. By
Title: Title:
Date Signed: Date Signed:
enterprise
FLEET MANAGEMENT
City Clerk
Date:
APPROVED AS TO FORM:
Garden Grove City Attorney
Date:
enterprise
FLEET MANAGEMENT
SELF - INSURANCE ADDENDUM TO MASTER EQUITY LEASE AGREEMENT (Physical Damage and Liability)
This Addendum is made to the Master Equity Lease Agreement dated the 2026, as amended (the "Agreement"), by and between Enterprise FM Trust, a Delaware statutory trust ("Lessor"), and the lessee whose name is set forth on the signature line below ("Lessee").
his Addendum is attached to and made a part of the Agreement (including each Schedule to the Agreemen apitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in the Agreemer Notwithstanding the provisions of Section 11 of the Agreement, Lessee shall be permitted to assume and self-insure th etention of $2,000,000 for auto liability per occurrence and shall not be required to purchase or maintain any insurance policy of any kind wit espect to any Vehicle; provided, however, that if any Federal, state, local or other law, statute, rule, regulation or ordinance requires Lessee to naintain any amount of insurance with respect to any Vehicle, Lessee shall purchase and maintain such amount of Insurance in the form of al insurance policy which complies in all respects, other than the amount of insurance required, with Section 11 of the Agreement.
Notwithstanding the foregoing, if (1) Lessor, at any time in its good faith judgment, is not satisfied with the condition rospects or performances, financial or otherwise, of Lessee or (2) any default or event of default occurs under the Agreement, than Lessor may its option, revoke this Addendum and terminate Lessee's right to self-insure by providing Lessee with at least thirty (30) days prior writt tice thereof. Upon the termination of Lessee's right to self-insure, Lessee shall comply in all respects with Section 11 of the Agreeme Except as amended hereby, all the terms and provisions of the Agreement shall remain in full force and effect. In the even of any conflict between this Addendum and the Agreement or any of the Schedules, the terms and provisions of this Addendum will govern and LESSEE: City of Garden Grove LESSOR: Enterprise FM Trust Enterprise Fleet Management, Inc., its attorney in fact By: By:
Title: Title:
Date Signed: Date Signed:
enterprise
FLEET MANAGEMENT
AMENDMENT TO MAINTENANCE AGREEMENT
THIS AMENDMENT ("Amendment") dated this _ - 2026 is attached to, and made a part of, the MAINTENANCE AGREEMENT entered into on the . and between Enterprise Fleet Management Inc., a Missouri corporation ("EFM") and City of Garden Grove This Amendment is made for good and valuable consideration, the receipt of which is hereby acknowledged by the parties.
Section 6 of the Maintenance Agreement is amended to read as follows:
The amount of the monthly maintenance fee will be listed on the applicable Schedule and will be due and payable in advance on the first day of each month. If the first day of the Term for a Covered Vehicle is other than the first day of a calendar month, Lessee will pay EFM, on the first day of the Term for such Covered Vehicle, a pro-rated maintenance fee for the number of days that the Delivery Date precedes the first monthly maintenance fee payment date. Any monthly maintenance fee or other amount owed by Lessee to EFM under this Agreement which is not paid within thirty (30) days after its due date will accrue interest, payable upon demand of EFM, from the date due until paid in full at a rate per annum equal to the lesser of (i) Eighteen Percent (18%) per annum or (ii) the highest rate allowed by applicable law. The monthly maintenance fee set forth on each applicable Schedule allows the number of miles per month as set forth in such Schedule. Lessee agrees to pay EFM at the end of the applicable Term (whether by reason of termination of this Agreement or otherwise) an overmileage maintenance fee for any miles in excess of this average amount per month at the rate 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.
Section 10 of the Maintenance Agreement is amended to read as follows:
This Agreement embodies the entire 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 unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective only to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provisions in any other jurisdiction. This Agreement shall be binding upon and inure to the benefit of the 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 California (without reference to conflict of law principles).
All references in the Agreement and in the various Schedules and addenda to the Agreement and any other references of similar import shall henceforth mean the Agreement as amended by this Amendment. Except to the extent specifically amended by this Amendment, all of the terms, provisions, conditions, covenants, representations and warranties contained in the Agreement shall be and remain in full force and effect and the same are hereby ratified and confirmed.
IN WITNESS WHEREOF, EFM and Lessee have executed this Amendment to Maintenance Agreement as of the day and year first above written.
City of Garden Grove (Lessee) ENTERPRISE FLEET MANAGEMENT, INC.
By_ By.
Title: Title:
Date Signed: Date Signed:
enterprise
FLEET MANAGEMENT
City Clerk
Date:
APPROVED AS TO FORM:
Garden Grove City Attorney
Date: