EXHIBIT 10.3(d)
NON-ORIGINAL
No security interest in an Equipment Schedule may
be created or perfected by possession of this copy.
CSI
- --------------------------------------------------------------------------------
COMPUTER SALES INTERNATIONAL, INC.
9990 Old Olive Street Road, Suite 101
St. Louis, Missouri 63141
(314)997-7010
EQUIPMENT SCHEDULE NO. THREE DATED AS OF OCTOBER 9, 2002
LESSOR: LESSEE: INNOTRAC CORPORATION
6655 Sugarloaf Parkway
COMPUTER SALES INTERNATIONAL, INC. Duluth, Georgia 30097
Lessor and Lessee named above hereby agree that, except as modified or
superseded by this Equipment Schedule or any Addenda hereto, all of the terms
and conditions of the MASTER LEASE AGREEMENT NO. 172564 dated March 20, 2000,
are hereby incorporated herein and made a part hereof:
1. EQUIPMENT:
- ----------------------------------------------------------------------------------------------------------
FEATURE MONTHLY
MACHINE (QUANTITY NEW/ RENTAL
QTY TYPE/MODEL PER UNIT) DESCRIPTION SERIAL # USED PER UNIT
- ----------------------------------------------------------------------------------------------------------
A DETAILED LIST OF EQUIPMENT IS SET FORTH ON THE ATTACHED EXHIBIT "A" WHICH CONSISTS OF THREE (3) PAGES.
- ----------------------------------------------------------------------------------------------------------
EQUIPMENT LOCATION: SEE ATTACHED EXHIBIT "A"
- ----------------------------------------------------------------------------------------------------------
2. Monthly Rental for all Units: $21,811.00
3. Initial Term: NOVEMBER 1, 2002 THROUGH OCTOBER 31, 2004; TWENTY-FOUR (24)
MONTHS
4. Anticipated Installation Date: ALREADY INSTALLED AND ACCEPTED
5. Addendum One hereto is incorporated herein by this reference. [X] (check box
if applicable)
6. A photocopy of this Equipment Schedule, and any exhibits or addenda hereto,
may be filed as a precautionary Uniform Commercial Code Financing Statement
to evidence Lessor's interest in the Equipment.
7. At Lessor's option, this Equipment Schedule shall not be effective unless
signed by Lessee and returned to Lessor on or before OCTOBER 16, 2002.
COMPUTER SALES INTERNATIONAL, INC. LESSEE: INNOTRAC CORPORATION
By: /s/ E. William Gillula By: /s/
---------------------------------- -------------------------------
Title: President & COO Title: CFO
------------------------------- ----------------------------
Date: DEC 23, 2002 Date: 10/15/02
-------------------------------- -----------------------------
NON-ORIGINAL
No security Interest in an Equipment Schedule may
be created or perfected by possession of this copy.
EXHIBIT "A"
INNOTRAC CORPORATION
EQUIPMENT SCHEDULE THREE, MASTER LEASE 172564
$21,811.00
MONTHLY
RENTAL
VENDOR TYPE MODEL SERIAL NO. FEATURE ADDRESS PER UNIT
- -------------------------------------------------------------------------------------------------------------------------------
ADTRAN ISU 512E 174584A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $223.10
ATLAS 800 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
TSU LT 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
TSU LT 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
ADTRAN ISU 512E 174584B 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 69.80
RPS 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
TSU LT 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
TSU LT 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
CISCO 3662 ROUTER 5JAB0414810K 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $439.67
NM-4T 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
NM-4T 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
NM-4T 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
NM-8BU 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
CISCO 3662 ROUTER 5JAB041482S7 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $361.75
NM-4E 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
NM-4E 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
NM-4E 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
NM-8BU 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
COMPAQ PROLIANT 6400R 3009CJP20004 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $425.56
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
512KPROC 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
FAN 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
POWER SUPPLY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SMART ARRAY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
COMPAQ PROLIANT 1850R D001CNH1K284 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $258.12
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
24/40 DLT 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
PCI 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
POWER SUPPLY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SMART ARRAY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
COMPAQ PROLIANT 1850R D949CNH1K126 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 92.88
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
COMPAQ PROLIANT 6400R D950CJP2K369 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $488.35
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
512K PROC 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
512K PROC 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
Page No. 1 of 5
NON-ORIGINAL
No security Interest in an Equipment Schedule may
be created or perfected by possession of this copy.
MONTHLY
RENTAL
VENDOR TYPE MODEL SERIAL NO. FEATURE ADDRESS PER UNIT
- -------------------------------------------------------------------------------------------------------------------------------
512K PROC 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
FAN 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
POWER SUPPLY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SMART ARRAY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
COMPAQ PROLIANT 6400R D950CJP2K419 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 425.56
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
512K PROC 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
FAN 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
POWER SUPPLY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SMART ARRAY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
COMPAQ PROLIANT 6400R DQ12CQW2K057 . 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 384.30
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
18.2GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
512K PROC 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9.1GB DRIVE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
FAN 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
POWER SUPPLY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SMART ARRAY 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
HP J4120A 1600M SGG945026234 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 18.58
HP J4120A 1600M SSG945026227 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 18.58
HP J4120A 1600M SSG945026231 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 18.58
HP J4120A 1600M SSG945026235 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 18.58
HP J4120A 1600M SSG945026236 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 25.33
MISC 16 PORT CONSOLE MNGI 00420728 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 11.64
MISC POWER SWITCH 00317098 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 117.38
SUN A21UGE1A9P C256CR SFW00530315 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
8GB HD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A21UGE1A9P C256CR SFW00530327 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 117.38
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
8GB HD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A21UGE1A9P C256CR SFW00530351 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 117.38
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
8GB HD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A25 BA S008H3CFF 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $1,492.56
2244A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2244A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2244A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2244A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
Page No. 2 of 5
NON-ORIGINAL
No security Interest in an Equipment Schedule may
be created or perfected by possession of this copy.
MONTHLY
RENTAL
VENDOR TYPE MODEL SERIAL NO. FEATURE ADDRESS PER UNIT
- -------------------------------------------------------------------------------------------------------------------------------
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6601A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7005A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9682A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X1033A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X1033A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X9690A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A25 BA S012H38BB 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $2,254.46
1033A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1033A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2244A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2244A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6541A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6541A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6601A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9682A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
DLTTAPE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
DLT TAPE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
DLTTAPE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
DLTTAPE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
DLTTAPE 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6063A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6063A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6079A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A26 AA-R S001H3FD2 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 876.83
1032A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1033A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1194A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6286A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6286A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9683A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A26 AA-R S011H3FCB 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 876.83
Page No. 3 of 5
NON-ORIGINAL
No security Interest in an Equipment Schedule may
be created or perfected by possession of this copy.
MONTHLY
RENTAL
VENDOR TYPE MODEL SERIAL NO. FEATURE ADDRESS PER UNIT
- -------------------------------------------------------------------------------------------------------------------------------
1032A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1033A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1194A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
5237A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6286A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
6286A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
7004A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9683A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN A33-ULD19S 256CQ S014H293C 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 674.41
10K 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9GB HD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X1032A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
Xll95A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X5234A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X7043A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X7043A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN E6502 ENTERPRISE S007H27D9 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $4,344.10
1059A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1059A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1065A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1065A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2602A-P84 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2622A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
3800A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
3800A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
954A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
954A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9620A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SGARY147A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X3671A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X3837A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X3872A 6555 SUGARLOAF PARKWAY DULUTH, GA 30097
X902A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X902A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN E6502 ENTERPRISE S008H20BF 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $4,344.10
1059A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1059A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1065A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
1065A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2602A-P84 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
2622A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
3800A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
3800A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
954A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
954A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
9620A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SGARY147A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X3671A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X3837A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
Page No. 4 of 5
NON-ORIGINAL
No security Interest in an Equipment Schedule may
be created or perfected by possession of this copy.
MONTHLY
RENTAL
VENDOR TYPE MODEL SERIAL NO. FEATURE ADDRESS PER UNIT
- -----------------------------------------------------------------------------------------------------------------------------
X3872A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X902A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X902A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN N06-UKC19S 256AT1 S008A0877 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $173.93
18GBHD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6971A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6985A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN N06-UKC19S 256AT1 S008AODB1 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $173.93
18GB HD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6971A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6985A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN N06-UKC19S 256AT1 S008AOE13 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $173.93
18GBHD 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
256MB MEM 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6971A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
X6985A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097
SUN X7126A 17" CLR MNTR S0003KW2858 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 6.94
SUN X7126A 17" CLR MNTR S0003KW2879 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 6.94
SUN X7135A 19" CLR MNTR S0003LI1002 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 11.58
SUN X7135A 19" CLR MNTR S0005LI2769 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 11.58
SUN X7135A 19" CLR MNTR S0005LJ2773 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 11.58
SUN E6500 SERVER 181384A X2580A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $345.34
SUN E6500 SERVER 181384A X2580A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $345.34
SUN E6500 SERVER 181384A X2580A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $345.34
SUN E6500 SERVER 181384A X2580A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $345.34
SUN E6500 SERVER 181384A X2602A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $206.79
SUN E6500 SERVER 181384A X2602A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $206.79
SUN E6500 SERVER 181384A X7023A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $211.62
SUN E6500 SERVER 181384A X7023A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $211.62
SUN E6500 SERVER 181384A X7023A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $211.62
SUN E6500 SERVER 181384A X7023A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $211.62
SUN E6500 SERVER 181384A X954A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 42.39
SUN E6500 SERVER 181384A X954A 6655 SUGARLOAF PARKWAY DULUTH, GA 30097 $ 42.39
Page No. 5 of 5
NON-ORIGINAL
No security interest in an Equipment Schedule may
be created or perfected by possession of this copy.
ADDENDUM ONE TO EQUIPMENT SCHEDULE NO. THREE
MASTER LEASE AGREEMENT NO. 172564
This Addendum One to "Equipment Schedule Three, Master Lease Agreement
No. 172564" (the "Lease"), is dated as of October 9, 2002, and is entered into,
by and between COMPUTER SALES INTERNATIONAL, INC. ("Lessor") and INNOTRAC
CORPORATION ("Lessee").
Notwithstanding anything to the contrary contained in the Lease between
the parties hereto, dated on even date herewith and with respect to certain
computer equipment (the "Equipment"), and in consideration of the mutual
promises, covenants, and conditions in the Lease and contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto covenant and agree as follows:
1. CONTROLLING TERMS: This Addendum One shall become a part of
the Lease and shall be read together with the Lease as one single document. To
the extent that there shall be any conflicts as between the terms and provisions
contained in the Lease and those contained herein, the terms and provisions set
forth herein shall control.
2. COMMENCEMENT DATE: The Equipment is installed at Lessee's
location under Equipment Schedules One and Two to Master Lease Agreement No.
172564. Lessee unconditionally accepts the Equipment for lease under this Lease.
The Initial Terms of Equipment Schedules One and Two are due to expire on
September 30, 2003 and February 28, 2003, respectively. However, in
consideration of Lessee's entering into this Lease, Lessor will terminate
Lessee's rental obligations under Equipment Schedules One and Two effective
October 31, 2002. Accordingly, the Commencement Date of the Equipment under this
Lease is November 1, 2002.
3. SERIAL NUMBER SUBSTITUTION:
a) As provided in section 9 of the Master Lease Agreement, Lessee
may replace any Unit with an identical or improved specification machine (a
"Substitute Unit") as a result of a warranty replacement or other mechanical
defect, or a casualty loss situation. Lessee must notify Lessor of the
replacement serial number and configuration of the Substitute Unit as required
by section 9 of the Master Lease Agreement.
b) In addition to the circumstances set forth in (a) above, upon
expiration of the Initial Term, Lessee may choose to return desktop PC, laptop
PC, or PC monitor units with serial numbers other than those listed in the
Certificate of Acceptance only upon the following conditions: the Substitute
Units must be (1) of an identical or improved configuration as the Units being
replaced, (2) in the condition required by section 7 of the Master Lease
Agreement, and (3) owned by Lessee. Lessee must give Lessor written notice of
the serial numbers of the Substitute Units along with a detailed list of which
serial numbers they are replacing prior to their return to Lessor or else Lessor
may decline to accept Substitute Units. Lessee hereby represents and warrants to
Lessor that, upon delivery of any Substitute Units to Lessor, Lessee will be the
absolute owner of the Substitute Units; the Substitute Units will be free and
clear of all liens, charges and encumbrances; and Lessee will have full right,
power and authority to transfer to Lessor title to the Substitute Units.
NON-ORIGINAL
No security interest in an Equipment Schedule may
be created or perfected by possession of this copy.
4. FINANCING CONTINGENCY: Lessor's performance hereunder is
conditioned upon Lessor obtaining a fixed-rate, non-recourse loan, using only
the Equipment and the Lease as collateral. In the event Lessor cannot obtain
such a loan within sixty (60) days after Lessor's receipt of signed lease
documents from Lessee, then Lessor shall so notify Lessee and shall have no
further obligations hereunder.
5. CREDIT APPROVAL: Lessor's performance of its obligations under
this Lease is conditioned upon Lessor's review and approval of Lessee's most
current interim financial statement.
IN WITNESS WHEREOF, the parties hereto have executed this Addendum One
to Equipment Schedule No. Three, Master Lease No. 172564, as of the date set
forth below.
COMPUTER SALES INTERNATIONAL, INC. INNOTRAC CORPORATION
By: /s/ E. William Gillula By: /s/
-------------------------------- -------------------------------
Title: President & COO Title: CFO
----------------------------- ----------------------------
Date: DEC 23, 2002 Date: 10/15/02
------------------------------ -----------------------------
NON-ORIGINAL
No security interest in an Equipment Schedule may
be created or perfected by possession of this copy.
CSI
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COMPUTER SALES INTERNATIONAL, INC.
9990 Old Olive Street Road, Suite 101
St. Louis, Missouri 63141
(314) 997-7010
LESSEE: INNOTRAC CORPORATION
STIPULATED LOSS VALUE SCHEDULE TO EQUIPMENT SCHEDULE NUMBER: THREE
MASTER LEASE AGREEMENT NUMBER: 172564
BASE VALUE: $492,278.00
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MONTHLY MONTHLY
PAYMENTS STIPULATED LOSS VALUE PAYMENTS STIPULATED LOSS VALUE
MADE (PERCENT OF BASE VALUE) MADE (PERCENT OF BASE VALUE)
- -------------------------------------------------------------------------------------------------------
0 110.0% 13 90.1%
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1 108.5 14 88.6
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2 106.9 15 87.1
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3 105.4 16 85.6
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4 103.9 17 84.0
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5 102.4 18 82.5
- -------------------------------------------------------------------------------------------------------
6 100.8 19 81.0
- -------------------------------------------------------------------------------------------------------
7 99.3 20 79.4
- -------------------------------------------------------------------------------------------------------
8 97.8 21 77.9
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9 96.3 22 76.4
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10 94.7 23 74.9
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11 93.2 24 and 73.3
thereafter
- -------------------------------------------------------------------------------------------------------
12 91.7
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In the event of a loss of less than all of the Equipment listed on the above
Equipment Schedule, the Stipulated Loss Value shall be allocated to the Units
lost in the same proportion as the Monthly Rental per Unit for the lost Units
bears to the Monthly Rental for all Units listed on the Equipment Schedule.
Initialed by Lessor: /s/
--------
Lessee: /s/
--------
MFL/ATL