<PAGE>   1

                                                                   EXHIBIT 10.58

[MOTOR COACH INDUSTRIES LOGO]


                                     September 26, 1995

Mr. Steven L. Korby
Executive Vice President and CFO 
Greyhound Lines, Inc.
15110 North Dallas Parkway
Dallas, Texas 75248

Re: 1995 Bus Order -- Amendment #2

Dear Steve:

         Reference is made to that certain letter from George Aucott to you
dated May 31, 1995 respecting the 1995 Bus Order, as amended ("Letter") and the
New Coach Lease (GLI-1995) between Greyhound Lines, Inc., as Lessee, and MCI
Acceptance Corp., as Lessor, ("Lease"). All initially capitalized terms used in
this Amendment #2 without definition have the same meaning herein as in the
Letter or the Lease, as applicable.

         We have agreed that anything contained in the Letter or the Lease to
the contrary notwithstanding, effective as of May 31, 1995, we will amend the
Letter and the Lease as follows:

         1.      As to each Coach, the Initial Term of the Lease will commence
                 on the date Lessee takes delivery of the Coach and will end on
                 December 31, 1995, and the Basic Term of the Lease will
                 commence on January 1, 1996 and will end on December 31, 2002.

         2.      Lessee will pay interest during the Interim Term as follows:
                 (a) Prime Rate through September 30, 1995, and (b) Prime Rate
                 plus 1-1/2 percent from October 1, 1995 through December 31,
                 1995. The 102nd Coach will not be assessed interest during the
                 Interim Term.

         3.      Lessee will pay a rental rate of $3,425.00 per Coach per month
                 ($3,352.64 per Coach per month if GLI orders during 1995 for
                 purchase and/or lease at least 151 coaches that are eligible
                 for discount under the Requirements Agreement).

         4.      The Lease is assignable by Lessor on or after January 1, 1996
                 (but not before such date) without GLI's consent.

         5.      Lessee may elect anytime on or before December 31, 1995 to
                 purchase some or all of the Coaches or to have some or all of
                 the Coaches purchased on its behalf rather





<PAGE>   2
                 than to lease them. The purchase price will be the Gross
                 Purchase Price of $257,862.00 per Coach, less any discount
                 allowed under the Requirements Agreement. The purchase price
                 must be paid in cash on or before the purchase date. The
                 discount allowed under the Requirements Agreement shall be
                 based on 151 coaches (including the purchase of 50 coaches
                 currently being negotiated by the parties) provided GLI orders
                 during 1995, for purchase and/or lease at least 151 coaches
                 (subject to adjustment in the event GLI does not actually
                 purchase and/or lease all 151 coaches).

         6.      Lessor may require GLI to purchase up to 50 Coaches at anytime
                 on or between October 1, 1995 and December 31, 1995 by giving
                 GLI at least seven days advance written notice. The number of
                 requests to purchase and the number of Coaches per request is
                 entirely at Lessor's discretion. The purchase price will be
                 paid in cash on the purchase date and will be the same as is
                 set forth in Item 5, above; provided, however, it is
                 understood that in the event Coaches are purchased, any
                 discount applicable under the Requirements Agreement to
                 Coaches being purchased will be applied against the Gross
                 Purchase Price of those Coaches, and any discount applicable
                 to Coaches remaining under lease will be pro rated over the
                 term of the Lease.

         7.      For purposes of calculating the Discounted Future Payment
                 described in Section 3 of the Lease, the rent will be the
                 actual rent owed for the applicable Coach and will be
                 discounted back from December 31, 2002.

         If you agree that this letter states the understanding of the parties,
please so acknowledge in the space provided below and return an originally
executed copy of this Amendment #2 to me.

                                                Sincerely,

                                                /s/ ALBERT J. ABRAM

                                                Albert J. Abram
                                                Treasurer
                                                Motor Coach Industries, Inc.  
                                                MCI Acceptance Corp.

ACKNOWLEDGED AND ACCEPTED
as of May 31, 1995

By:  /s/ STEVEN L. KORBY
     ---------------------------------
     Steven L. Korby
     Executive Vice President and CFO
     Greyhound Lines, Inc.



<PAGE>   3





                               [MCII LOGO] TM
                 Motor Coach Industries International, Inc.

John R. Nasi
President & Chief Operating Officer

                                                  July 11, 1995

Mr. Craig Lentzsch
President
Greyhound Lines, Inc.
15110 North Dallas Parkway 
Dallas, TX 75248

Re: 1995 Bus Order - Amendment #1 - Rev.

Dear Craig:

Reference is made to that certain letter from George W. Aucott to you dated May
31, 1995 respecting the 1995 Bus Order ("Letter") and the New Coach Lease
(GLI-1995) between Greyhound Lines, Inc., as Lessee, and MCI Acceptance Corp.
as Lessor ("Lease").

We have agreed that effective May 31, 1995 the warranty term on the Coaches (as
defined in the Letter and the Lease) is "24 months or 200,000 miles, whichever
come first, beginning on the date of delivery of each [C]oach, as stated in
Specification #0512, Revised April 5, 1995 (as referenced in the Letter) and
not "twenty-four (24) months, unlimited mileage" (as stated in Attachment B to
the Lease).

If you agree that this letter states the understanding of the parties, please
so acknowledge in the space provided below and return originally executed copy
of this letter agreement to me.

                                             Sincerely,

                                             /s/ JOHN R. NASI
                                             -------------------------------
                                             President 
                                             Motor Coach Industries, Inc.
                                             MCI Acceptance Corp.

ACKNOWLEDGED AND ACCEPTED
as of May 31, 1995

By: /s/ CRAIG LENTZSCH
    ----------------------------
    Craig Lentzsch
    President
    Greyhound Lines, Inc.

Approved as to form

By   MES
   ------------
    Attorney


<PAGE>   4
                               [MCII LOGO] TM
                 Motor Coach Industries International, Inc.



John R. Nasi
President & Chief Operating Officer

                                                June 21, 1995
Mr. Craig Lentzsch
President
Greyhound Lines, Inc.
15110 North Dallas Parkway
Dallas, TX 75248

Re: 1995 Bus Order - Amendment #1

Dear Craig:

Reference is made to that certain letter from George W. Aucott to you dated May
31, 1995 respecting the 1995 Bus Order ("Letter") and the New Coach Lease
(GLI-1995) between Greyhound Lines, Inc., as Lessee, and MCI Acceptance Corp.
as Lessor ("Lease").

We have agreed that effective May 31, 1995 the warranty term on the Coaches (as
defined in the Letter and the Lease) is "12 months or 200,000 miles, whichever
come first, beginning on the date of delivery of each [C]oach," as stated in
Specification #0512, Revised April 5, 1995 (as referenced in the Letter) and
not "twenty-four (24) months, unlimited mileage" (as stated in Attachment B to
the Lease.

If you agree that this letter states the understanding of the parties, please
so acknowledge in the space provided below and return originally executed copy
of this letter agreement to me.

                                                 Sincerely,

                                                   /s/ JOHN R. NASI
                                                 -----------------------------
                                                 President
                                                 Motor Coach Industries, Inc.
                                                 MCI Acceptance Corp.


ACKNOWLEDGED AND ACCEPTED 
as of May 31, 1995

By: /s/ CRAIG LENTZSCH
    ------------------------
    Craig Lentzsch
    President
    Greyhound Lines, Inc.




<PAGE>   5
                                  [MCII LOGO] TM
                 Motor Coach Industries International, Inc.



George W. Aucott                                        May 31, 1995 
Chairman & Chief Executive Officer 


Mr. Craig Lentzsch 
President 
Greyhound Lines, Inc 
15110 N. Dallas Parkway 
Dallas, Texas 75248

          Re: 1995 Bus Order

Dear Craig:

         Motor Coach Industries, Inc. ("MCI") understands our agreement for the
lease or purchase (as the case may be) of new coaches as follows:

         In consideration of MCI's manufacturing 102 new 1995 MCI MC-12 motor
coaches ("Coach" or "Coaches"), Greyhound Lines, Inc. ("GLI") agrees to lease
the Coaches from MCI or its designee, and MCI agrees to lease the Coaches to
GLI, as follows:

         1.      The Coaches will meet Specification #0512, Revised April 5,
                 1995.

         2.      MCI will deliver the first 50 Coaches on or before June 24,
                 1995, and will deliver the remaining 52 Coaches on or before
                 July 17, 1995. MCI acknowledges that the summer months
                 constitute GLI's prime business season and that time is of the
                 essence respecting timely delivery of the Coaches. MCI will 
                 inform GLI if it believes deliveries will be delayed and, in 
                 such event (without limiting GLI's remedies hereunder or 
                 under the lease) will help GLI locate temporary substitute 
                 units.

         3.      Coach bus numbers will run consecutively beginning with number
                 2606.

         4.      Prior to delivery of the first Coach, GLI will execute a lease
                 agreement substantially in the form of Exhibit 1, attached
                 hereto and hereby made a part hereof, which will become
                 effective as to each Coach upon delivery of the Coach to GLI
                 and will provide that GLI will lease the Coaches for an
                 Initial Term beginning at delivery, plus a Basic Term of 84
                 months beginning October 1, 1995 at a rental rate of $3425.00
                 per month per Coach payable monthly in advance. In addition,
                 upon delivery of each of the 102 Coaches the last three
                 months' rent of the Basic Term will be pre-paid together with
                 the first month's rent of the Basic





<PAGE>   6
                 Term, all to be held by the lessor without interest ("Pre-paid
                 Rent"). The lessor may, in its sole discretion, elect to lease
                 the Coaches to GLI under one lease or a series of leases, each
                 of which will be assignable on or after October 1, 1995 by the
                 lessor without GLI's consent.

         5.      In the event GLI decides prior to October 1, 1995 to purchase
                 some or all of the Coaches or to have some or all of the
                 Coaches purchased on its behalf rather than to lease them, GLI
                 or its designated purchaser will pay the lessor under the
                 lease described in Item 4, above, $257,862 per Coach ("Gross
                 Purchase Price"), less any discount allowed under the Bus
                 Purchase Requirements Agreement entered into as of March 18,
                 1987, as amended ("Requirements Agreement"), ("Net Purchase
                 Price") on or before September 30, 1995. In the event of such
                 a purchase, the purchaser will execute and deliver standard
                 purchase documents for up to 101 Coaches and such other
                 documents as may be reasonably requested under the
                 circumstances. At such time as GLI purchases 101 Coaches, the
                 102nd Coach will be transferred to and owned by GLI in
                 consideration of purchasing 101 Coaches and without further
                 consideration. In the event GLI elects to purchase the Coaches
                 or have the Coaches purchased on its behalf, all Pre-paid Rent
                 for the Basic Term, but not interest from the Initial Term,
                 will be applied to payment of the purchase price of those
                 Coaches which are purchased. If GLI purchases 101 Coaches,
                 prepaid rent on the 102nd Coach will be applied towards the
                 Net Purchase Price of the 101st Coach.

         6.      MCI's Limited Warranty will be assigned to GLI or its
                 designated purchaser.

         This letter agreement is binding on and will inure to the benefit of
the parties and their respective successors and assigns. Notwithstanding the
foregoing, GLI may not assign all or any part of this letter agreement without
the prior written consent of MCI, in its sole discretion; provided, however,
that no consent will be required in connection with the financing of the
purchase price of the Coaches in accordance with Item 5, above, respecting
purchase of the Coaches or the warranty provisions of Item 6, above. Except as
provided herein, any attempt by GLI to assign any obligations under this letter
agreement without the prior written consent of MCI will be null and void. This
letter agreement must be assumed by any corporation resulting from a merger or
consolidation with GLI, or any person or entity which acquires or succeeds to a
majority of the stock or assets of GLI, in each such event whether by contract,
operation of law or otherwise.

         This letter agreement will be interpreted and enforced in accordance
with the laws (except those respecting choice of law) of the State of North
Dakota. GLI and MCI each agree to submit to the personal jurisdiction of the
State and Federal courts of the State of North Dakota.

         The Coaches leased or purchased hereunder apply against GLI's
obligations for 1995 under the Requirements Agreement; provided, however, in
the event that any provision of the Requirements Agreement is determined to be
void, voidable or unenforceable, this letter agreement will remain in full
force and effect.


<PAGE>   7
         GLI understands that MCI must manufacture the Coaches and intends that
MCI rely on this letter agreement in proceeding to order parts and material and
to manufacture the Coaches so that they can be delivered for leasing in
accordance with this letter agreement.

         If the above states your understanding and agreement, please
acknowledge in the space provided below and return an originally executed
duplicate copy of this letter agreement to me.

                                                  Sincerely,

                                                  /s/ GEORGE W. AUCOTT

                                                  George W. Aucott
                                                  Chairman
                                                  Motor Coach Industries, Inc.

Acknowledged and Agreed:
GREYHOUND LINES, INC.



/s/ CRAIG R. LENTZSCH
----------------------------
Name:  Craig R. Lentzsch
Title: President and CEO
Date:




<PAGE>   8

                                                                       EXHIBIT 1

                                NEW COACH LEASE
                                  (GLI - 1995)

MCI Acceptance Corp, having its principal office at Dallas, Texas, (Lessor) and
Greyhound Lines, Inc., having its principal office at Dallas, Texas (Lessee)
hereby agree as follows:

         1.      Lease of Equipment. Lessor hereby leases to Lessee, and Lessee
hereby hires from Lessor, for the term and upon the terms and conditions
hereinafter set forth in this New Coach Lease ("Lease"), 102 new 1995 MCI MC-12
model motor coaches as shown on Attachment "A" to this Lease ("Equipment,"
"Coach" or "Coaches"), less any Coaches when purchased pursuant to Section 3,
below.

         2.      Acceptance. Lessee represents that it is knowledgeable about
the Equipment herein leased and maintains a staff competent to place and keep
said Equipment in working order. Lessor agrees that Lessee was given an
opportunity to inspect the Equipment as fully as Lessee desired, prior to its
acceptance by Lessee. Removal of the Equipment by Lessee from the
manufacturer's plant shall be conclusive evidence of its acceptance by Lessee
in condition satisfactory to Lessee under this Lease. Upon acceptance, this
Lease becomes noncancelable, except as expressly provided hereinafter.  Lessor
shall have no liability for any delivery, installation, or testing of the
Equipment. LESSOR NO EXPRESSED OR IMPLIED WARRANTY OR UNDERTAKING WITH RESPECT
TO SUITABILITY, DURABILITY, FITNESS FOR USE OR MERCHANTABILITY OF THE
EQUIPMENT, FOR THE PURPOSES AND USES OF THE LESSEE OR OTHERWISE. Lessor
represents that the Equipment is covered by the manufacturer's warranty set
forth on Attachment "B" to this Lease for a warranty period beginning as
respects each Coach on the date Lessee takes delivery of the Coach and ending
as provided in the warranty. Lessor will assist Lessee in making any warranty
claims against the Equipment manufacturer. Lessee shall be entitled to no
remedy against Lessor (unless Lessor is the manufacturer) regarding the
manufacture or delivery of the Coaches. In no event may Lessee terminate this
Lease or withhold rentals due in respect to a claim concerning the condition of
the Equipment.

         3.      Term. As respects each Coach, the term of this Lease shall
commence on the date Lessee takes delivery of the Coach, as shown on Attachment
"A," and end on September 30, 2002 (with the period prior to October 1, 1995
being the "Initial Term," and the period from October 1, 1995 to September 30,
2002 being the "Basic Term.") unless sooner terminated as hereinafter provided.
Lessee may elect at any time during the Initial Term of this Lease to terminate
the Lease as to some or all of the Coaches by paying (or causing its financing
party to pay) Lessor cash upon termination for each such Coach in accordance
with that certain letter agreement dated May 31, 1995 from George W. Aucott to
Craig Lentzsch respecting the "1995 Bus Order" ("Letter Agreement"). Promptly
after receipt of payment, Lessor will provide Lessee (or its financing party)
title documents for each such Coach transferring ownership "AS IS - WHERE IS"
and "WITH ALL FAULTS," but free of all liens and encumbrances caused by Lessor.
As long as Lessor has not sold or assigned this Lease during the Basic Term,
Lessee may prepay (in whole but not in part) the entire rent and other amounts
due and to become due under the Lease, including residual, calculated using an
assumed discount rate of ten percent as follows: (a) the





                                       1
<PAGE>   9
present value of (i) $3,425 rent per Coach for each month remaining on the
Lease term, plus (ii) $73,153.11 residual value per Coach discounted back from
September 30, 2002 to the pre-payment date described in Section 4 of this
Lease, multiplied by (b) one, plus one percent for each year remaining on the
Lease term ("Discounted Future Payment"). As long as MCI Acceptance Corp. is
the Lessor, the prepayment penalty will be the actual prepayment penalty
incurred by MCI Acceptance Corp. with respect to the applicable Coaches rather
than the prepayment penalty described in Part (b) of the Discounted Future
Payment formula in this Section. For the purpose of calculating the number of
years remaining on the Lease term, each consecutive twelve month period will be
counted as one year, and any remaining period of less than twelve months will
be counted as an additional year.

                 By Way of Example

                          [(a)(1), which is the Discounted Future Rents +
                          (ii), which is the Discounted Residual] x [(b), which
                          is one plus the applicable Prepayment Penalty
                          Percentage] = Discounted Future Payment. As long as
                          MCI Acceptance Corp. is the Lessor, the prepayment
                          penalty will be the actual prepayment penalty
                          incurred by MCI Acceptance Corp. with respect to the
                          applicable Coaches rather than the prepayment penalty
                          described in Part (b) of the Discounted Future
                          Payment formula in this Section.

<TABLE>
<CAPTION>
                                                            Years and Partial Year Remaining
              Prepayment Penalty Percentage                           on Lease Term
              -----------------------------                           -------------
                          <S>                                              <C>
                            7%                                             7
                            6%                                             6
                            5%                                             5
                            4%                                             4
                            3%                                             3
                            2%                                             2
                            1%                                             1
</TABLE>

ONCE THIS LEASE HAS BEEN SOLD OR ASSIGNED THERE IS NO FURTHER PREPAYMENT
OPTION.

         4.      Coach Rental. During the Basic Term Lessee will pay Lessor
$3,425 per month in advance as rent for each Coach. Lessor and Lessee
acknowledge that the rent for the Coaches for the first month and the last
three months of the Basic Term will be pre-paid upon delivery of each Coach.
Lessee will not pay rent during the Interim Term; provided, however, during the
Interim Term Lessee Will pay interest as follows:

         A.      Lessee will pay monthly in arrears on the last day of each
                 month, for each Coach delivered, the "Prime Rate" divided by
                 360, times the Net Purchase Price (as defined in the Letter
                 Agreement) for each of the first 101 Coaches delivered, for
                 each day from the delivery date of the Coach through the





                                       2
<PAGE>   10
                 earlier of September 15, 1995 or the date the Coach's purchase
                 price is paid in full. The 102nd Coach will not be assessed
                 interest during the Interim Term.

         B.      Lessee will pay on September 30, 1995, for each Coach
                 delivered, the "Prime Rate" plus 4.5% divided by 360, times
                 the Net Purchase Price (as defined in the Letter Agreement)
                 for each of the first 101 Coaches delivered, for each day from
                 and including September 16, 1995 through the earlier of
                 September 30, 1995 or the date the Coach's purchase price is
                 paid in full. The 102nd Coach will not be assessed interest
                 during the Interim Term.

As used herein "Prime Rate" means the Prime Rate quoted in The Wall Street
Journal, as it may change from day to day; and in the event it is no longer so
quoted, such similar annual percentage rate as is generally accepted by the
financial community for such purposes. The foregoing notwithstanding, Lessee
will pre-pay the rent for 102 Coaches for the first month of the Basic Term and
the last three months of the Basic Term upon receipt of delivery of each Coach,
in accordance with the Letter Agreement.

         5.      Excess Mileage Charges. None.

         6.      Tires. Prior to the date required by the Coach manufacturer
Lessee shall provide tires for each Coach to the manufacturer for installation
on the Coach. The tires shall be of correct size, and in good and roadworthy
condition, and meet all federal and state motor vehicle safety standards.
Lessee shall be responsible for all repair or replacement of tires during the
Lease term. Upon Lessee's return of the Equipment to Lessor, Lessor will, at
its option (a) keep the tires and compensate the owner of the tires at their
fair market value, or (b) return the tires to Lessee, freight collect, within
30 days.

         7.      Security Deposit. None.

         8.      Payment Terms. All sums payable by Lessee hereunder shall be
paid on or before the due date at 1250 Slocum Street, Dallas, Texas 75207, or
such other place as Lessor may designate from time to time. Any sum payable
hereunder on an unspecified due date shall be payable on demand without the
right of setoff. 

         9.      Indemnification. Lessee assumes all risk for the use,
operation, and storage of the Equipment, and agrees to assume liability for,
and to indemnify and hold Lessor harmless from and against, and agrees to
defend Lessor against, any and all losses, damages, claims, costs, penalties,
liabilities, and expenses, including, but not limited to, court costs and
attorney's fees, for injuries to or deaths of persons and damage to property,
howsoever arising from, incident to, or incurred because of the Equipment or the
selection, use, operation, storage, maintenance, repair, leasing, possession,
or ownership thereof, whether such persons be agents or employees of Lessee,
Lessor or of other persons and whether such damage be to property of Lessee,
Lessor, or of other persons; provided, however, if Lessor is the manufacturer
of the Equipment, Lessee does





                                       3
<PAGE>   11
not hereby agree to indemnify, defend or hold Lessor harmless from its
negligence, acts or omissions as such manufacturer. Anything contained
in this indemnity provision to the contrary notwithstanding, Lessee will not be
required to indemnify Lessor for any loss or liability with respect to any
Equipment arising from acts or events which occur after the Equipment has been
returned to Lessor in accordance with this Lease, or loss or liability
resulting from the negligence of Lessor while inspecting the Equipment or
Lessee's books and records whether on Lessee's premises or otherwise. The
indemnities contained herein will survive the expiration or termination of this
Lease. To secure performance hereunder, Lessee shall, at its sole expense, keep
the Equipment in good repair, insure the Equipment and otherwise observe, at
Lessee's sole expense, its covenants elsewhere contained in the Lease. Further,
Lessee hereby authorizes Lessor to pay, at Lessor's election, any insurer, tax
authority, repairman (including its own staff) or other person any sum or
expense which Lessee is required to pay or absorb hereunder and which is paid
by Lessor in good faith to secure itself with respect to Lessee's undertaking
in this Lease to indemnify Lessor, and Lessee will reimburse Lessor on demand
for any such payment.

         10.     Insurance. Lessee represents and warrants that it now has in
force, and covenants that it will keep in force with insurers reasonably
satisfactory to Lessor (i) comprehensive general liability insurance (including
contractual liability) and comprehensive automobile liability insurance against
claims for personal injury and property damage to the extent of at least
$5,000,000.00, and (ii) catastrophic property insurance insuring the Coaches
against those risks covered by fine and extended coverage insurance to the
extent of at least the replacement cost of the Coaches. The deductible under
the comprehensive insurance will not be greater than $1,500,000 per occurrence
and the deductible under the property insurance will not be greater than
$250,000 per occurrence. Lessee will obtain and deliver to Lessor, current
certificates of insurance evidencing the above and will cause its liability
insurers to name Lessor in its insurance policies as an additional insured
party and/or loss payee, as applicable, (entitled also to 30 day notice of
cancellation) without Lessor thereby incurring any liability for payment of
premiums therefor. The parties herein agree that naming of Lessor as an insured
or loss payee shall not affect in any way any recovery to which Lessor would be
entitled under the policy or policies were it not so named. Lessee agrees to
cause the aforementioned insurance coverage to continue in effect from the time
of delivery and acceptance of the Equipment by Lessee until the safe return of
the Equipment to Lessor. Subject only to the limitation that Lessor act in good
faith, Lessor may hereafter, by notice, require Lessee to provide other or
additional insurance with insurers in form and amount reasonably satisfactory
to Lessor; provided, however, that such other or additional insurance shall not
be inconsistent with that maintained on other buses and coaches in Lessee's
fleet. Notwithstanding the foregoing, Lessee shall be entitled to self-insure
the foregoing coverage to the extent permitted by the United States Interstate
Commerce Commission ("ICC") or any federal or state agency that may succeed the
ICC with respect to jurisdiction over motor coach common carriers and
applicable state authorities.

         11.     Lessee's Miscellaneous Covenants. The Lessee shall, at its 
own expense:

                 A.       Obtain any and all license plates, tags, and permits
                          required for the acceptance, use and operation by
                          Lessee of the Equipment;





                                       4
<PAGE>   12
                 B.       Keep the Equipment and all its parts and components
                          free and clear of all liens and encumbrances and, in
                          particular, pay any and all taxes or government
                          charges now or hereafter imposed on or in respect to
                          the Equipment or its use or otherwise in connection
                          with the Lease, except for taxes based on Lessor's
                          net income;

                 C.       Furnish all fuel, oil, replacement tires, consumables,
                          parts and supplies in connection with the operation
                          and maintenance of the Equipment;

                 D.       (i) Mark the Equipment in accordance with applicable
                          law to indicate that it is operated by and in the
                          service of Lessee and leased from the Lessor, and
                          (ii) only mark the equipment (whether pursuant to
                          Section 11.D.(i) or otherwise) with pressure
                          sensitive decals; provided, however, Lessee shall not
                          make any alteration or addition to, or affix any
                          accessory to, the Equipment (including without
                          limitation the application of pressure sensitive
                          decals) that could impair the originally intended
                          function of the Equipment or that is not readily
                          removable without causing damage to the Equipment
                          without the prior written consent of Lessor, all such
                          additions or accessories remaining the property of
                          Lessee if removed prior to returning the Equipment to
                          Lessor;

                 E.       Hold and use the Equipment in a safe and careful
                          manner and in all cases following the manufacturer's
                          recommended standards of care and maintenance, comply
                          with all applicable laws regarding its use and
                          possession, and permit the Equipment to be operated
                          only by safe, competent, qualified licensed drivers,
                          and under no circumstances shall Lessee operate,
                          maintain or store the Equipment with less care than
                          Lessee applies to its other leased or owned coaches;

                 F.       Keep and maintain the Equipment and all equipment
                          thereon in good repair, condition and working order,
                          and in all cases following the manufacturer's
                          recommended standards of care and maintenance and the
                          standards set forth on Attachment "C" [it being
                          understood that Lessee may change the standards set
                          forth on Attachment C from time to time so long as
                          the changes are not inconsistent with reasonably
                          prudent industry practice, the changes are applicable
                          to all buses and coaches in Lessee's fleet, no
                          material reduction in preventive maintenance is made
                          without Lessor's consent (which may not be
                          unreasonably withheld), and Lessor is given prompt
                          notice of all changes];

                 G.       Maintain exclusive control over the Equipment
                          (subject to the right to pool or operate the
                          Equipment under and pursuant to the terms of any
                          "Through Service Agreements" entered into by Lessee
                          in the ordinary and customary course of its business,
                          so long as (i) Lessee remains responsible for and
                          complies with all of its obligations under this
                          Lease, and (ii) such Through





                                       5
<PAGE>   13
                          Service Agreements are applicable to a substantial
                          portion of Lessee's fleet, and not just to the
                          Equipment), use the Equipment only in the ordinary
                          course of Lessee's business and in strict compliance
                          with any insurance policies and manufacturer's
                          warranties (if applicable); not lend, sublease, sell
                          or make assignment of the Equipment or assign any
                          rights or duties respecting the Equipment or the
                          Lease, and keep the Equipment at all times within the
                          limits of the Continental United States, Canada and
                          Mexico;

                 H.       Promptly advise Lessor of any materially defective
                          Equipment and the nature of the defect;

                 I.       Promptly advise Lessor of any accident involving the
                          Equipment, and of all correspondence, notices and
                          documents received by Lessee in connection with any
                          claim or demand involving or relating to the
                          Equipment and charging any or all of Lessee, Lessor,
                          Motor Coach Industries, Inc. or Motor Coach
                          Industries International, Inc. with liability;

                 J.       Record and maintain complete and accurate records of
                          all maintenance, preventative maintenance and
                          warranty work, and of all other matters normally kept
                          by coach operators, and permit Lessor to inspect and
                          copy such records at any reasonable time;

                 K.       Acknowledging that Lessor is entitled to and will
                          conduct periodic inspections of the Equipment and
                          Lessee's records concerning the Equipment and this
                          Lease, garage the Equipment at periodic intervals at
                          Lessee's facilities in the United States and, on
                          reasonable demand by Lessor, cause the Coaches to be
                          returned to such facility/facilities at reasonable
                          intervals to facilitate or permit repossession or
                          periodic inspection by Lessor (Lessor being hereby
                          authorized to enter freely upon Lessee's premises for
                          such purposes);

                 L.       Promptly notify Lessor of any change in the principal
                          business office of Lessee, and upon Lessor's request
                          provide Lessor with a list of the locations of the
                          facilities where the Equipment is garaged;

                 M.       Immediately upon Lessor's request, Lessee will
                          provide its most recent public 10-Q and 10-K
                          reports or, if Lessee is not required to file 10-Q
                          or 10-K reports then Lessee will provide consolidated
                          income statements, balance sheets, cash flow
                          statements and stockholders equity statements, all in
                          reasonable detail and with corresponding prior period
                          numbers, certified by the Chief Financial Officer for
                          all quarterly statements and additionally, audited,
                          for each fiscal year end, by an independent
                          accounting firm acceptable to the Lessor which
                          independent accounting firm has given an unqualified
                          opinion. 10-Q's or quarterly financial statements
                          shall be received by the Lessor within 60 days of the
                          first three fiscal quarter ends 





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<PAGE>   14
                          and 10-K's or annual audited statements shall be
                          received by the Lessor within 100 days of the fiscal
                          year end. In the event Lessee is in default hereunder
                          or under any agreement or document referred to in
                          Section 15(d) hereof, immediately upon Lessor's
                          request Lessee will provide the most recent, and, if
                          requested, within ten days after the end of such
                          calendar month Lessee will provide such month's,
                          consolidated and consolidating balance sheets of
                          Lessee and its subsidiaries as at the end of the
                          applicable month and the related consolidated and
                          consolidating statements of income and cash flows.

The covenants set forth above are material conditions of this Lease. Lessee's
breach of any covenant is a material breach of this Lease. Lessor's failure at
any time to require strict performance by Lessee of any of the provisions
herein shall not waive or diminish Lessor's right thereafter to demand strict
compliance with that or any other provision. Waiver of any default shall not
waive any other default. Lessor's rights hereunder are cumulative and not
alternative.

         12.     Loss and Damage. Lessee hereby assumes and shall bear the
entire risk of loss, theft, destruction or damage to the Equipment from any and
every cause whatsoever. Lessee shall notify Lessor immediately upon the
occurrence of any such event. In the event of damage, Lessee shall immediately
repair the Equipment to good working order and condition. In the event of
irreparable damage, loss, theft, or destruction to the Equipment, Lessee shall
either (a) purchase the Equipment within ten days of the destruction or damage
in its then condition for an amount equal to the Discounted Future Payment
(except that the residual value per Coach will be discounted back to the actual
payment date; and as long as MCI Acceptance Corp. is the Lessor, the prepayment
penalty will be the actual prepayment penalty incurred by MCI Acceptance Corp.
with respect to the applicable Coaches rather than the prepayment penalty
described in Part (b) of the Discounted Future Payment formula set forth in
Section 3 of this Lease) or for the fair market value, whichever is greater, or
(b) within ten days of the damage or destruction replace the Equipment with
Equipment of the same or a comparable model of the same or a later year which
is in proper working order with no damage and only with normal wear and tear.

         13.     Return and Repossession. Upon expiration, termination or other
event requiring Lessee to return the Equipment, Lessee will return the
Equipment in as good a condition as received, less normal wear and tear. Lessee
shall arrange for, prepay and absorb the costs of returning the Equipment to
the nearest facility/facilities of Hausman Bus Sales, Inc. or to any reasonable
place Lessor may designate. LESSEE WAIVES ANY RIGHTS LESSEE MAY HAVE TO PRIOR
NOTICE OR OPPORTUNITY TO BE HEARD IN COURT REGARDING LESSOR'S RIGHT TO
REPOSSESS THE EQUIPMENT FROM LESSEE, and in the event that Lessor's
repossession should for any reason prove wrongful as to Lessee, Lessee's sole
remedy shall be the right to terminate the Lease as of the date of such
wrongful repossession and/or to recover damages.

         14.     Late Charges and Interest. Lessor shall be entitled to a late
charge on each rental payment not received within one week of the due date in
the amount of eighteen percent





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<PAGE>   15
per annum or the highest-rate allowed by law, if less, prorated on a daily
basis, from the due date until paid.

         15.     Default. The following are events of default hereunder: (a)
(i) nonpayment of any rent or other amount due Lessor hereunder within ten days
after receipt by Lessee of written notice of default; (a) (ii) nonperformance
under any other provision herein within twenty days after Lessor has made
written demand therefore; (b) Lessee's bankruptcy, receivership, insolvency,
assignment for the benefit of creditors or similar action or condition relating
to Lessee or Lessee's property which causes Lessor in good faith to deem itself
insecure with respect to the collection of the total rent for the unexpired
term of the Lease; (c) without Lessor's prior written consent, Lessee attempts
to remove or sell or transfer or encumber or sublet or part with possession of
the Equipment; or (d) Lessee is in default under any agreement, sub-lease or
lease agreement with or any note payable to Motor Coach Industries
International, Inc. ("MCII") or any of its subsidiaries or affiliates, or is
more than 60 days in arrears of payment for any trade items (except good faith
disputes) purchased from MCII or any of its subsidiaries or affiliates;
provided, however, with respect to the Bus Purchase Requirements Agreement
entered into as of March 18, 1987, as amended, Lessee will not be deemed to be
in default thereunder for purposes of this Lease unless and until either (i) a
judgment against Lessee has been rendered by a court of competent jurisdiction,
or (ii) Lessee has agreed in writing that it is in default under such Agreement
and to terms of settlement of such default, and the judgment or settlement
amount is not satisfied within 30 days or such later date as may be required or
agreed to.

         16.     Remedies on Default. Whenever an event of default has occurred
or is continuing, Lessor or its agents shall have the right, but not the
obligation, to exercise, by way of example and not by way of limitation, one or
more of the following remedies:

                 A.       to declare due and payable an amount equal to the
                          Discounted Future Payment (except that the residual
                          value per Coach will be discounted back to the actual
                          payment date; and as long as MCI Acceptance Corp. is
                          the Lessor, the prepayment penalty will be the actual
                          prepayment penalty incurred by MCI Acceptance Corp.
                          with respect to the applicable Coaches rather than
                          the prepayment penalty described in Part (b) of the
                          Discounted Future Payment formula set forth in
                          Section 3 of this Lease), and to sue for and recover
                          same from Lessee;

                 B.       to take possession of the Equipment, wherever
                          located, without demand or notice and without any
                          court order or other legal or administrative
                          process;

                 C.       to lease or to sell the Equipment;

                 D.       to sue for and/or otherwise recover from Lessee all
                          costs of taking possession, storing, repairing and
                          selling the Equipment;

                 E.       to sue for and recover damages incurred by Lessor as
                          a result of Lessee's default;





                                       8
<PAGE>   16
                 F.       to sue for and/or otherwise recover after sale of
                          Equipment an amount equal to the Discounted Future
                          Payment (except that the residual value per Coach
                          will be discounted back to the actual payment date;
                          and as long as MCI Acceptance Corp. is the Lessor,
                          the prepayment penalty will be the actual prepayment
                          penalty incurred by MCI Acceptance Corp. with respect
                          to the applicable Coaches rather than the prepayment
                          penalty described in Part (b) of the Discounted
                          Future Payment formula set forth in Section 3 of this
                          Lease) less the net proceeds of such sale;

                 G.       to terminate the Lease as to the Equipment, take such
                          Equipment into Lessor's inventory and sue for or
                          otherwise recover actual damages; and

                 H.       to pursue any other remedy now or hereafter existing
                          at law or in equity by reason for Lessee's
                          default(s).

         17.     Notices. Notices shall be addressed as follows: to Lessor at
1250 Slocum Street, Dallas, Texas 75207; to Lessee, attention Contract
Administration Department, at 15110 North Dallas Parkway, Dallas, Texas 75248;
or to such other place as either designate by written notice. Notices shall be
in writing and their delivery may be given (i) in person or by expedited
courier service or (ii) by mailing same First Class, Postage Prepaid, in which
case notice shall be deemed to have been received 48 hours after the Post
Office stamp date.

         18.     Law. The Lease shall be governed by and construed in
accordance with the laws of the State of North Dakota. Lessor and Lessee each
agree to submit to the personal jurisdiction of the state and federal courts of
the State of North Dakota. If any provision of the Lease shall be found by a
court of competent jurisdiction to be void or unenforceable, in that it imposes
a restraint upon the Lessee more extensive than the legitimate interests of the
Lessor sought to be protected, the Lessor waives such provision, but only to
the extent that such provision is found by such court to be void or
unenforceable. The Lessor and the Lessee agree that such provision may and
should be modified by such court so that it becomes reasonable and enforceable
and, as modified, will be enforced as any other provision hereof, all the other
provisions hereof continuing in full force and effect. Such a modification,
however, will be effective only in the legal proceeding of which it is a part
and only on the facts to which it is applied; all provisions herein will be
applied as written, to the extent enforceable, in any other legal proceeding or
on any other facts.

         19.     Power/Authority/Consent of Signer and Lessee. The undersigned
officer of Lessee on behalf of Lessee represents and warrants that Lessee has
statutory and corporate power and authority, and has obtained all government or
other consents, necessary and desirable, to enter into and perform under this
Lease.

         20.     Assignment by Lessee. This Lease is binding on and will inure
to the benefit of the parties and their respective successors and assigns.
Notwithstanding the foregoing, Lessee may not assign all or any part of this
Lease without the prior written consent of Lessor, in its sole





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<PAGE>   17
discretion. Any attempt by Lessee to assign any obligations under this Lease
without prior written consent of Lessor will be null and void. This Lease must
be assumed by any corporation resulting from a merger or consolidation with
Lessee, or any person or entity which acquires or succeeds to a majority of the
stock or assets of Lessee in each such event whether by contract, operation of
law or otherwise.

         21.     Assignment by Lessor. Lessor may assign this Lease at any time
during the Basic Term without Lessee's prior written consent; provided,
however, if Lessor is the manufacturer of the Equipment, no such assignment
will relieve Lessor of its obligations under the manufacturer's Limited
Warranty. If Lessor sells, assigns or otherwise transfers the Lease to any
third party in such a manner that such third party becomes entitled to only a
portion of the rent owed hereunder ("Reduced Rent") and Lessor is entitled to
the remainder of such rent, then Lessor and Lessee will enter into good faith
negotiations intended to provide Lessee with some benefit of the Reduced Rent.

         22.     Entire Agreement. This Lease, plus any attachments, riders or
other documents specifically referred to herein, constitutes the entire
agreement between the parties. Any change, amendment or modification shall not
be effective unless executed in writing by both parties.

LESSEE: GREYHOUND LINES, INC.                      LESSOR: MCI ACCEPTANCE CORP.

By: /s/ CRAIG LENTZSCH                             By: /s/ ALBERT J. ABRAM
    ------------------------                           ------------------------
    Name:                                              Name: Albert J. Abram
    Title:                                             Title: Treasurer



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