Lease Schedule No. 001R to Lease Agreement



 Exhibit 10.14 
 LEASE SCHEDULE NO. 001R 
 “This Lease Schedule No. 001R replaces Lease Schedule
No. 001.” 
 This Lease Schedule is issued pursuant to the Lease Agreement Number TR051905 dated May 19, 2005. The terms of the Lease
Agreement and serial numbers contained on Certificate of Acceptance Numbers TR051905-001-001 thru TR051905-001-003 are a part hereof and are incorporated by reference herein. 
  

			
	 LESSOR
	  	LESSEE
	 Farnam Street Financial, Inc.
	  	Transcend Services, Inc.
	 240 Pondview Plaza
	  	945 East Paces Ferry Road
	 5850 Opus Parkway
	  	Suite 1475
	 Minnetonka, MN 55343
	  	Atlanta, GA 30326
		
	 SUPPLIER OF EQUIPMENT
	  	LOCATION OF EQUIPMENT
	 Various
	  	Same as above

 Term of Lease from Commencement Date: 60 Months 
 Monthly Lease Charge: $1,001.03 
 Delivery and Installation: August 2005 – November 2005 
 Commencement Date: December 1, 2005 
 Security Deposit: $1,001.03. At the
end of the applicable lease term, provided that there is no event of default, this security deposit will be returned to Lessee. 
 EQUIPMENT 
  

							
	 MANUFACTURER
	  	 QTY
	  	 MACHINE/MODEL
	  	 EQUIPMENT DESCRIPTION (including features)

		  		  		  	See Attachment A

 The Monthly Lease Charge will be prorated and charged as interim rent between the date an item of equipment is
accepted and the Commencement Date. 
  

									
	Every Term is Agreed to and Accepted:	 		 	Every Term is Agreed to and Accepted:
			
	 FARNAM STREET FINANCIAL, INC.
 “LESSOR”
	 		 	 TRANSCEND SERVICES, INC.
 “LESSEE”

					
	By:	 	 /s/ Steven C. Morgan
	 		 	 By:
	 	 /s/ Lance Cornell

					
	 Print
 Name:
	 	 Steven C. Morgan
	 		 	 Print
 Name:
	 	 Lance Cornell

					
	 Title:
	 	 President
	 		 	 Title:
	 	 C.F.O.

					
	 Date:
	 	 Dec. 20, 2005
	 		 	 Date:
	 	 12/19/05









 Lease Agreement Number: TR051905 
 Lease Schedule Number: 001R 
 ATTACHMENT A 
  

							
	 MANUFACTURER
	 	 QTY
	  	 MACHINE/MODEL
	  	 EQUIPMENT DESCRIPTION (incl. features)

	 GLS COMMUNICATIONS
	 	2	  		  	50% Deposit
				
	 NORTEL
	 	1	  	AASTRA	  	AASTRA CNX conference bridge with associated materials
				
	 NORTEL
	 	51	  		  	T316E Phones, Black, 16 Button
				
	 NORTEL
	 	1	  		  	T24 DSS 24 Button, Black, Console Attendant Phone
				
	 NORTEL
	 	8	  		  	Nortel USB Headsets
				
	 NORTEL
	 	1	  		  	BCM Voice over IP 8 seats
				
	 NORTEL
	 	1	  		  	BCM Message Center with 68 Mailboxes
				
	 NORTEL
	 	1	  		  	BCM Gold Bundle for 32 users - Call Center Professional (up to 20 agents) 32 seats unified messaging (Voicemail & fax) - Call Center Report
				
	 NORTEL
	 	1	  		  	BCM Expansion unit with PS
				
	 NORTEL
	 	2	  		  	BCM DTM - T1/PRI Card
				
	 NORTEL
	 	2	  		  	BCM DSM 32+
				
	 NORTEL
	 	4	  		  	BCM 8 Port analog media bay
				
	 NORTEL
	 	1	  		  	BCM 400 Platform, Cabinet, Processor
				
	 NORTEL
	 	1	  		  	BCM 200 Expansion Cabinet
				
	 NORTEL
	 	1	  		  	64 additional mailboxes

  

									
	Agreed to and Accepted:	 		 	Agreed to and Accepted:
			
	FARNAM STREET FINANCIAL, INC.	 		 	TRANSCEND SERVICES, INC.
	 “LESSOR”
	 		 	 “LESSEE”

					
	By:	 	 /s/ Steven C. Morgan
	 		 	 By:
	 	 /s/ Lance Cornell

					
	 Print
 Name:
	 	 Steven C. Morgan
	 		 	 Print
 Name:
	 	 Lance Cornell

					
	 Title:
	 	 President
	 		 	 Title:
	 	 CFO

					
	 Date:
	 	 Dec. 20, 2005
	 		 	 Date:
	 	 12/19/05


  

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