Exhibit 103 FA 1



		

			Exhibit 10.3

		




		
			
		

		
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						EQUIPMENT SCHEDULE  No. 03

				



		
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						Lessee

					
						SIGMATRON INTERNATIONAL, INC.

					
					
						Equipment Location

					
						SIGMATRON INTERNATIONAL, INC.

					
						 

				
	
					
						Street Address

					
						2201 Landmeier Road

					
						 

					
					
						Street Address

					
						Calle Hacienda del Colorado No. 21603 T-1, Parque Industrial Presidentes Tijuana, B.C., Mexico  22215 

				
	
					
						City

					
						Elk Grove Village

					
						 

					
					
						State

					
						IL

					
					
						County

					
						Cook

					
					
						Zip Code

					
						60007

					
					
						City

					
						 

					
						 

					
					
						State

					
					
						County

					
					
						Zip Code

					
						 

					
						 

				
	
					
						Contact

					
						Michelle Laguna

					
						 

					
					
						Telephone

					
						(847) 640-4397

					
					
						Contact

					
						Michelle Laguna

					
					
						Telephone

					
						(847) 640-4397

				



		
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						Equipment:

				
	
					
						Please see “Exhibit A” attached hereto and made a part hereof.

				



		
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						This Equipment Schedule No. 03 dated December 20, 2017 (“Equipment Schedule”) incorporates the terms and conditions of that certain Master Lease No. 2017389 dated August 15, 2017 (“Master Lease”) by and between FIRST AMERICAN COMMERCIAL BANCORP, INC. (“Lessor”) and SIGMATRON INTERNATIONAL, INC. (“Lessee”) (the Equipment Schedule and Master Lease as incorporated therein, the “Lease”).  Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the above-described items of Equipment for the Lease Term and on terms and conditions set forth herein.  In the event of any conflict between the terms of the Master Lease and the terms of this Equipment Schedule, the terms of this Equipment Schedule shall prevail.

					
						 

					
						If applicable, for purposes of this Equipment Schedule and all ancillary documents, the terms defined in the Master Lease as “Delivery  Order and Acceptance Certificate” and “Authorization Date” are hereby revised to be “Delivery and Acceptance Certificate” and “Acceptance Date,” respectively.

				



		
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						Base Lease Term

					
						48 Months

					
					
						Lessee shall pay Lessor a nonrefundable advance rental payment in the amount of  $11,112.41 which is applied to  the last payment due under the Lease. Billing is monthly.

					
						 

					
					
						Monthly Rental Payment

					
						$11,112.41  plus applicable taxes

				



		
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						Accepted by Lessee

					
						SIGMATRON INTERNATIONAL, INC.

					
					
						Accepted by Lessor

					
						FIRST AMERICAN COMMERCIAL BANCORP, INC.

				
	
					
						By

					
						/s/ Linda K. Frauendorfer

					
					
						By

					
						/s/ Daniel Wallenhorst

				
	
					
						Name

					
						Linda K. Frauendorfer

					
						 

					
					
						Name

					
						Daniel Wallenhorst

				
	
					
						Title

					
						Chief Financial Officer

					
					
						Date

					
						December 19, 2017

					
					
						Title

					
						Vice President

					
					
						Date

					
						December 20, 2017

					
						 

				



		
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