Document:

<PAGE>

                                                                    Exhibit 10.7

                    Equipment Lease Agreement           (Page 1of 2)

================================================================================
Agreement Number                              Federal Tax ID#

12975AMOO                                     33-0668917
================================================================================

                               Lessee Information
================================================================================
FULL LEGAL NAME OF CUSTOMER                             STREET ADDRESS
   VILLAGEFAX.COM                          14471 CHAMBERS ROAD, SUITE 105___
--------------------------------------------------------------------------------
CITY                     STATE          ZIP              PHONE
TUSTIN                    CA            92780            714-734-1030______
--------------------------------------------------------------------------------
BILLING NAME (IF DIFFERENT FROM ABOVE)             BILLING STREET ADDRESS

--------------------------------------------------------------------------------
CITY                     STATE          ZIP              PHONE

--------------------------------------------------------------------------------
COUNTY         EQUIPMENT LOCATION (IF DIFFERENT FROM ABOVE)
               SAME
________________________________________________________________________________
================================================================================
                               Vendor Information
================================================================================
NAME OF SUPPLIER                                            STREET ADDRESS
NETWORK SYSTEMS INTEGRATION                        2245 FIRST STREET, SUITE 202
-------------------------------------------------------------------------------
CITY                     STATE          ZIP              PHONE
SIMI VALLEY               CA            93065            805-579-1030
--------------------------------------------------------------------------------
================================================================================
    QUANTITY        ITEM DESCRIPTION    MODEL NO.        SERIAL NO.
================================================================================
             SEE SCHEDULE "A" ATTACHED HERETO AND MADE A
             PART HEREOF
================================================================================
 RENTAL TERMS    RENTAL PAYMENT AMOUNT     ADVANCE PAYMENTS   SECURITYDEPOSIT
================================================================================
Term in Months
     36            36 Payments of $1703.00   2 Payments of $1703.00  $0.00 Rec'd
     --            --             --------   -             --------  -----
Rent Commencement  FB Includes(applicable        1/st/. & last 1
Date:              taxes) Rental Payment
                   Period is Monthly Unless
                   Otherwise Indicated
================================================================================
This Document was written in "Plain English". The words YOU and YOUR refer to
the Lessee. The words WE, US and OUR refer to the Lessor. Every attempt has been
made to eliminate confusing language and create a simple, easy-to-read document.

--------------------------------------------------------------------------------
THIS IS A NON CANCELABLE/IRREVOCABLE LEASE. THIS LEASE CANNOT BE CANCELLED OR
TERMINATED.
TERMS AND CONDITIONS(THIS LEASE AGREEMENT CONTAINS PROVISIONS SET FORTH ON THE
REVERSE SIDE ALL OF WHICH ARE MADE PART OF THIS LEASE AGREEMENT)
--------------------------------------------------------------------------------

1.   LEASE AG RE EM ENT: You agree to rent from us personal property described
     under "ITEM DESCRIPTION" and as modified by supplements to this Master
     Agreement from time to time signed by you and us (such property and any
     upgrades, replacements, repairs and additions referred to as "Equipment').
     (continued on back)

     LESSOR ACCEPTANCE                             LESSOR ACCEPTANCE
DATED:         5/17/00                      DATED:    5/17/00
      ------------------------                    -------------------------
LESSOR:  DIMENSION FUNDING                        CUSTOMER:  VILLAGEFAX.COM.
       -----------------------                             -----------------
<PAGE>

SIGNATURE: x                                    SIGNATURE: x
           --------------------                            ---------------------
TITLE:  VICE PRESIDENT                          TITLE: CHIEF FINANCIAL OFFICER
       ------------------------                       --------------------------

                              CONTINUING GUARANTY

THIS CONTINUING GUARANTY CREATES SPECIFIC LEGAL OBLIGATIONS. When we use the
words you and your in this Continuing Guaranty, we mean the Guarantor(s)
indicated below. When we use the words, we, us and our in this Continuing
Guaranty, we mean the Lessor indicated in the lease agreement identified above
("Lease")

In consideration of our entering into the Lease, you unconditionally and
irrevocably guarantee to us, our successors and assigns the prompt payment and
performance of all obligations ("Guaranteed Obligations') under the Lease and
any and all other lease agreements between us and the Lessee identified in the
Lease above. You agree that this is a guaranty of payment and not of collection,
and that we can proceed directly against you without first proceeding against
the Lessee or against the equipment covered by the Lease or any other
collateral. You waive all defenses and notices, including those of protest,
presentment and demand. You agree that we can renew, extend or otherwise modify
the terms of the Lease and you will be bound by such changes. If the Lessee
defaults under any lease agreement with us, you will immediately perform all of
the Guaranteed Obligations, including, but not limited to, paying all amounts
due under the Lease. You will pay to us all expenses (including reasonable
attorneys' fees) incurred by us in enforcing our rights against you or the
lessee. This is a continuing guaranty that shall not be revoked or terminated by
you so long as any amount is owed to us under any lease agreement and, If you
are an individual, will not be discharged or affected by your death and will
bind your heirs and personal representatives. You waive any night to seek
repayment from the Lessee in the event you must pay us. If more than one
guarantor has signed this Continuing Guaranty, each of you agree that your
liability is joint and several. You authorize us or any of our affiliates to
obtain credit bureau reports regarding your personal credit and make other
credit inquires that we determine are necessary on an ongoing basis so long as
the Guaranteed Obligations are outstanding.

THIS CONTINUING GUARANTY IS GOVEREND BY THE JURISDICTION OF THE COURT SET OUT IN
PARAGRAPH 15.

X                                                                              .
--------------------------------------------------------------------------------
Signature           Print Name of Guarantor / Home Telephone Number     Date

X                                                                              .
--------------------------------------------------------------------------------
Signature           Print Name of Guarantor / Home Telephone Number     Date
<PAGE>

1. You agree to all of the terms and conditions contained in this Agreement and
any supplement, which together are a complete statement of our Agreement
("Agreement"). This Agreement may be modified by written agreement and not by
course of performance. The term of this Agreement will begin on the date we
accept this lease (rent commencement date) and will continue from the first day
of each rental payment period shown beginning after the first rental payment
period. The term will be extended automatically for a successive 12month term
unless you send us written notice you do not want it renewed at least thirty
(30) days before the end of any term. If any provision of this Agreement is
declared unenforceable in any jurisdiction, the other provisions herein shall
remain 'in full force and effect in that jurisdiction and all others.

--------------------------------------------------------------------------------
2. RENT: Rent will be payable in installments, each in the amount of the basic
lease payment shown plus any applicable sales tax/use tax. You will pay the
security deposit on the date you sign this Agreement. Subsequent installments
will be payable on the first day of each rental payment period shown beginning
after the first rental payment period. We will have the right to apply all sums
received from you, to any amounts due and owed to us under the terms of this
Agreement. In the event this Agreement is not fully completed, the security
deposit will be retained by us to compensate us for our documentation,
processing and other expenses. You hereby agree to pay to us interim rent to the
extent you acquire possession of the equipment prior to the commencement date
under the Agreement or to the extent you request and we consent to change the
billing date under the Agreement. The amount due shall  be calculated by
dividing the monthly payment by thirty (30) days and then multiplying said
number by the total number of days the Equipment was delivered early or the
total number of days changed in the billing date. This amount shall constitute
interim rent and shall be payable on the first monthly statement thereafter.

--------------------------------------------------------------------------------
3. COMPUTER SOFTWARE: Notwithstanding any other terms and conditions of the
Agreement you agree that as to software only: a) We have not had, do not have,
nor will have any title to such software, b) You have executed or will execute a
separate software license agreement and we are not a party to and have no
responsibilities whatsoever in regards to such license agreement, c) You have
selected such software and as per Agreement paragraph 5. WE MAKE NO WARRANTIES
OF MERCHANTABILITY FOR FITNESS OR USE AND TAKE ABSOLUTELY NO RESPONSIBILITY FOR
THE FUNCTION OR DEFECTIVE NATURE OF SUCH SOFTWARE.

--------------------------------------------------------------------------------
4. OWNERSHIP OF EQUIPMENT : We are the owner of the Equipment and have sole
title to the Equipment (excluding software).
'_______________________________________________________________________________

5.WARRANTIES: I  LESSEE AGREES AND ACKNOWLEDGES THAT IT IS THE INTENT OF BOTH
PARTIES TO THIS LEASE TO QUALIFY AS A STATUTORY FINANCE LEASE UNDER ARTICLE 2A
OF THE UNIFORM COMMERCIAL CODE. WE ARE LEASING THE EQUIPMENT TO YOU "AS IS". YOU
ACKNOWLEDGE THAT WE DID NOT MANUFACTURE THE EQUIPMENT, WE DO NOT REPRESENT THE
MANUFACTURER OR THE SUPPLIER, AND YOU HAVE SELECTED THE EQUIPMENT AND SUPPLIER
BASED UPON YOUR OWN JUDGEMENT. WE MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR
OTHERWISE. YOU AGREE THAT REGARDLESS OF CAUSE, WE ARE NOT RESPONSIBLE FOR AND
YOU AGREE NOT TO MAKE ANY CLAIM AGAINST US FOR ANY DAMAGES, WHEATHER
CONSEQUENTIAL, DIRECT, SPECIAL OR INDIRECT. YOU AGREE THAI NEITHER THE SUPPLIER,
MANUFACTURER NOR SALESPERSON, EMPLOYEE OR AGENT OF THEM IS OUR AGENT OR HAS THE
AUTHORITY TO SPEAK FOR US OR BIND US IN ANY WAY OR MANNER. WE TRANSFER ANY
WARRANTIES MADE BY THE MANUFACTURER OR SUPPLIER TO YOU UNDER THE LEASE.

--------------------------------------------------------------------------------
6. LOCATION OF EQUIPMENT: You will keep and use the Equipment only at your
address shown above and you agree not to move it unless we agree to it. At the
end of the Agreement's term, you will return the Equipment to a location we
specify at your expense, in retail re-saleable condition, full working order,
and in complete repair.

--------------------------------------------------------------------------------
7. LOSS OR DAMAGE: You are responsible for the risk of loss or destruction of or
damage to the Equipment. No such loss or damage relieves you from the payment
obligations under this Agreement. You will use the Equipment with due care and
for the purpose for which it is 'intended. You will maintain the Equipment in
good repair, condition and working order, and will furnished at your expense,
all parts and services needed. All furnished parts will immediately become our
property and part of the Equipment of this Agreement. You agree to promptly
notify us in writing of any loss or damage and you will pay to us the present
value of the total of all unpaid lease payments for the full lease term plus the
estimated fair market value of the
<PAGE>

Equipment at the and of the originally scheduled term, all discounted at four
percent (4%) net present value. Any proceeds of insurance will be paid to us and
applied, at our option, against any loss or damage.

--------------------------------------------------------------------------------

8. COLLATERAL PROTECTION AND INSURANCE RANCE: You agree to keep the Equipment
fully insured against loss with us as loss payee in an amount not less than
replacement cost until this Agreement is terminated. You also agree to obtain a
general public liability insurance policy from anyone who is acceptable to us
and to include us as an insured on the policy. You agree to provide us
certificates or other evidence of insurance acceptable to us, before this
Agreement begins or, we will enroll you in our property damage insurance program
and bill you a property damage surcharge as a result of our increased
administrative costs. As long as you remain current in the event of a covered
loss, the replacement value of the equipment will be applied against any loss or
damage as per paragraph 7. NOTHING IN THIS PARAGRAPH WILL RELIEVE YOU OF YOUR
RESPONSIBILITY FOR LIABILITY INSURANCE COVERAGE ON THIS EQUIPMENT.

--------------------------------------------------------------------------------

9. INDEMNITY: We are not responsible for any loss or injuries caused by the
installation or use of the Equipment. You agree to hold us harmless and
reimburse us for loss and to defend us against any claim for losses or injury
caused by the Equipment.

--------------------------------------------------------------------------------

10. TAXES AND FEES: You agree to pay when due all taxes (including personal
property tax, fines and penalties) relating to this Agreement or the Equipment.
If we pay any of the above for you, you agree to reimburse us and to pay us a
charge for our handling or collecting of any taxes on your behalf. You also
agree to pay us any filing fees prescribed by the Uniform form Commercial Code
or other law or, at our option, a non-filing protection fee. You further agree
to pay us $100.00 on the date the first lease payment is due to cover the
expense of originating the Agreement.

--------------------------------------------------------------------------------

11. A ASSIGNMENT SIGN  YOU HAVE NO RIGHT TO SELL, TRANSFER, ASSIGN OR SUBLEASE
THE EQUIPMENT OR THIS AGREEMENT. We may sell, assign, or transfer this
Agreement. You agree that if we sell, assign, or transfer this Agreement the new
owner will have the same rights and benefits that we have now and will not have
to perform any of our obligations. You agree that the rights of the new owner
will not be subject to any claims, defenses, or set offs that you may have
against us.

--------------------------------------------------------------------------------

 .12. DEDEFAULT AND REM EDIES:  if you do not pay any lease payment or other sum
due to us or other party when due or if you break any of your promises in this
Agreement or any other Agreement(s) with us, you will be in default. If any part
of a payment is late, you agree to pay a late charge of 15% of the payment which
is late or $ 15.00, whichever is greater, or if less, the maximum charge allowed
by law. In the event it becomes necessary for us to engage in collection efforts
to collect any lease rental payment which is not timely made, you will be
assessed a charge of $15.00 for each collection call made. If you are ever in
default, we may retain your security deposit and at our option, we can terminate
or cancel this Agreement and require Lire. that you pay the remaining balance of
this Agreement including any purchase option (discounted at 4% net present
value) or pay the remaining balance of this agreement and return the equipment
to us. We may recover interest on the unpaid balance at the rate of 18% per
annum or the highest rate permitted by applicable law. We may also use any of
the remedies available to us under Article 2A of he Uniform Commercial Code, as
enacted in the State of Iowa or any other law. If we refer this Agreement to an
attorney for collection, you agree to pay our reasonable attorneys' fees and
actual court costs. If we have to take possession of the Equipment you agree to
pay the cost of repossession YOU AGREE THAT WE WILL NOT BE RESPONSIBLE TO PAY
YOU ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES FOR ANY DEFAULT BY US UNDER THIS
AGREEMENT. You agree that any delay or failure to enforce our rights under this
Agreement does not prevent us from enforcing any rights at a later time. You
shall pay all attorneys' fees, court costs and other legal expenses incurred by
us in the enforcement of our rights under this Lease Agreement regardless of
whether legal proceedings are, in fact instituted. It is agreed that attorneys '
fees shall be the greater of (a) twenty-five percent (25%) of the total amount
determined to be due, or (b) such actual attorneys' fees as are reasonable.

--------------------------------------------------------------------------------

13. UCC FILINGS AND FINANCIAL STATEMENTS: You authorize us to record a UCC-1
financing statement or similar instrument and appoint us your attorney-in-fact
to execute and deliver such instrument, in order to show our interest in the
<PAGE>

Equipment. It is further agreed that your rights and remedies are governed
exclusively by this Agreement and you waive any and all other rights and
remedies.

--------------------------------------------------------------------------------

 .14.SECURITY DEPOSIT: The security deposit is to secure your performance under
us Agreement. Any security deposit made may be applied by us to satisfy any
amount owed by you, in which event you will promptly restore the security
deposit to its full amount as set forth above. If all conditions herein are
fully complied with and provided you have not ever been in default of this
Agreement per paragraph 12, the security deposit will be refunded to you after
the return of the Equipment in accordance with paragraph 6.

--------------------------------------------------------------------------------

15. CONSENT TO LAW, JURISDICTION VENUE, AND JURY WAIVER: The subject Agreement
shall be deemed fully executed and performed in the state of Lessor or its
Assignee's principal place of business and shall be governed by and construed in
accordance with the law thereof Lessee understands that this Agreement may be
assigned to another entity whose principal place of business may be in another
state than Lessor. If the Lessor or its Assignee shall bring any Judicial
proceeding in relation to any matter arising under the Agreement and/or this
guaranty, the undersigned hereby irrevocably agrees that any such matter may be
adjudged or determined in any court or courts in the state of the Lessor's or
its Assignee's principal place of business, or any U.S. Federal Court sitting in
the state of the Lessor's or its Assignee's principal place of business, or in
any court or courts in Lessee's state of residence, or in any other court having
jurisdiction over the Lessee or assets of the Lessee, all at the sole election
of the Lessor. The undersigned hereby waives trial by jury in any action,
proceeding or litigation between Lessor, Lessee, and undersigned. The
undersigned hereby irrevocably submits generally and unconditionally to the
jurisdiction of any such court so elected by Lessor or its Assignee 'in relation
to such matters.

Lessee Initials:  FB
                ------

Printed name: FRED BARNES
              -----------<PAGE>

                                                                    Exhibit 10.8

                           EQUIPMENT LEASE AGREEMENT

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
<S>              <C>                                          <C>                   <C>
LESSOR           DIMENSION FUNDING                            AGREEMENT                         21835
                 17748 Skypark Circle. Suite 240
                 Irvine, CA. 92614
------------------------------------------------------------------------------------------------------------
</TABLE>

EQUIPMENT
  DESCRIPTION                                    QUANTITY MODEL # SERIAL #
   See Schedule "A" Attached Hereto And Made A Pan Here
   of
   EQUIPMENT LOCATION IF OTHER THAN BILLING ADDRESS OF LESSEE

<TABLE>
<S>                                     <C>
------------------------------------------------------------------------------------------------------------
             TERM & RENT                TERMS AND CONDITIONS
             INITIAL TERM
              36 MONTHS                 The words YOU and YOUR mean the Losses. The words WE, US and OUR
                                        rotor to the Lessor indicated on reverse.
            MONTHLY RENTAL
          PAYMENT $1 ,547.00            1. RENTAL AGREEMENT We agree to rent to you and you agree to
      INCLUDING & APPLICABLE TAX        rent from us the equipment listed above (*Equipment'). You
               ADVANCE                  promise to pay us the rental payment according to the payment
          1st & LAST PAYMENT            schedule shown above. The, parties Intend this Agreement to be a
               $3,094.00                finance lease under Article 2A of the Uniform Commercial Code.
        (CHECK MUST ACCOMPANY
                LEASE)                  2. TERM AND RENT: The initial term shall commence on the day
                                        that any of the Equipment is delivered to you (The Commencement
                                        Date). The installments of rent shall be payable in advance at
                                        the time and in the amounts provided above, commencing on the
                                        Commencement Date and subsequent payments shall be duo on the
                                        some date of each successive period thereafter until all rent
                                        and any additional rent or expenses chargeable under this
                                        Agreement shall have been paid in full Lesse obligation to pay
                                        the rent and other obligations norounder shall be absolute and
                                        unconditional and are not subject to any abatement, set-off,
                                        defense or counter-claim for any reason whatsoever

                                        3.  NO WARRANTIES: We are renting the Equipment to you 'AS IS*.
                                        WE MAKE NO WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES
                                        OF MERCHANTABLITY OR FITNESS FOR A PARTICULAR PURPOSE IN
                                        CONNECTION WITH THIS AGREEMENT. We transfer to you for the term
                                        of this Agreement any warranties Made by manufacturer or
                                        supplier to us. NEITHER SUPPLIER NOR ANY AGENT OF SUPPLIER IS AN
                                        AGENT OF LESSOR OR IS AUTHORIZED TO WAIVE OR MODIFY ANY TERM OR
                                        CONDITION OF THIS AGREEMENT
------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
  -------------------------------------------------------------------------------------------------------------
<S>                 <C>                                   <C>
  LESSEE            VILLAGEFAX COM                                            PHONE NO: 714-734-1030
  BILLING ADDRESS:  14471 Chambers Road, Suite 106
                    Tustin, CA. 92780

                                                          THIS AGREEMENT IS NOT CANCELABLE

  BY X  /s/ Fred J. Barnes                                 Chief Financial Officer                 11- 4- 99
      --------------------------------------------------------------------------------------------------------
  AUTHORIZED SIGNATURE                                            TITLE                              DATE

  PRINT NAME: Fred Barnes
                                THE TERMS AND CONDITIONS PRINTED WITHIN AND MADE A PART HEREOF
  -------------------------------------------------------------------------------------------------------------
</TABLE>

                                   GUARANTY
To Induces Lessor: enter into the within Agreement.  The undersigned (jointly
and severally, if Me MM one) unconditionally guarantees to Lessor the prompt
payment when due of all Lessee's coligations to Lease under the Agreement
including without
<PAGE>

limitation every (enter installment the accelerated balance of rents,
administrative charges, collection charges, and interest Lessor shall not co
required to produced against lessee or equipment or to enforce any of its other
remedies before proceeding against trio undersigned The undersigned agrees in
pay all reasonable attorney's law court costs and other expenses incurred by
Lessor by reason of any default by Leasee the undersigned waives notice of
acceptance hereof and ail the other notices or demands of my kind to which in
undersigned May be entitled wept demand for pay the undersigned contents to any
extensions of time or modification of amount of payment granted to Leasee and
the release and/or compromise of any obligations of Leasee or any other
obligators and/or guarantee without In any way releasing the undersigned's
obligations hereunder INS is a continuing Guaranty and shall not to discharged
or affected by your administrators representatives, successors and assigns
Guarantee waives any fight of surogation, indemnity reimbursement and
contribution by lessee. This Guaranty shall continue to effective or reinstated,
as applicable it at any time payment of any part of the obligations under the
Agreement is represented or otherwise required to be returned by Lessor upon the
insolvency, bankruptcy, or reorganization of Lessor or upon the appointment of a
receiver, insued or entitled officer for lease or -is assigned or although
though such payment to I sow had not boon made, regardless of whether Lessor
contested the order requiring the of such payment This Guaranty may be enforced
by or for Me center any assigned or successor of Loom Nothing shall discharge or
safely the undersigned's liability except the full performance and payment of a
the lessee's obligation to Lessor with Interest. THE UNDERSGINED CONTESTS TO THE
PERSONAL JURISDICTION OF THE COURTS OF THE STATE Of NEW JERSEY WITH RESPECT TO
ANY ACTION ARISING OUT OF ANY LEASE, GUARANTY SETTLEMENT AGREEMENT PROMISSORY NO
NOTE OR OTHER ACCOMODATION OR AGREEMENT WITH LESSOR. THIS MEANS THAT ANY LEGAL
ACTION FILED AGAINST THE LESSEE AND/OR GUARANTORS A BE FILED IN NEW JERSEY AND
THAT LESSEE AND/OR ANY OF THE GUARANTORS MAY BE REQUIRED TO DEFEND AND LITIGATE
ANY SUCH ACTION IN NEW JERSEY Lessee and all Guarantors agree that that of
process by Certified mail return receipt requested, shall be deemed the
equivalent of personal service in any such action. Any legal a concerning this
Agreement shall be governed by and construed according to the laws of the State
of New Jersey.

X________________________________           X__________________________________
  Witness Signature      Date                   Guarantor Signature    Date

 ________________________________            __________________________________
  Print Name                                    Print Name

                                                X______________________________
                                                   Guarantor Signature   Date

                                                 ______________________________
                                                 Print Name

     4. OWNERSHIP REDELIVERY AND RENEWAL: We are the owner of the Equipment and
have title to the Equipment. To protect our rights in the Equipment in the event
this Agreement is determined to be a security agreement, you hereby grant to us
a security Interest In the Equipment and all proceeds, products, rents or
profits therefrom. In states where permissible, you hereby authorize us to cause
this Agreement or any statement or other instrument in respect to this Agreement
showing our Interest in the Equipment, including Uniform Commercial Code
Financing Statements, to be filed or recorded and re-filed and re-recorded and
grant us the right to execute your name thereto. You agree to execute and
deliver any statement or instrument requested by us for such purpose. You agree
to pay or reimburse us for any searches, filings. recordings, stamp feet or
taxes (slated to the filing or recording of any such Instrument or statement. No
more then one hundred eighty (160) clays but not lose then ninety (90) days
prior to the expiration of the Initial tam or any renewal term at this Agreement
you shall give us written notice of your intention to either return the
Equipment to us or purchase Me Equipment, as provided below. Provided you have
given such timely notice, you shall return the Equipment, freight and insurance
prepaid, to us, in good repair condition and working order, ordinary wear and
tear excepted, in a manner and to a location designated by us or remit the
purchase option, if you fall to so notify us, or having notified us, you fad to
return the Equipment as provided herein, or fail la remit the purchase option,
this Agreement shall (anew for additional terms of One (1) months each at a
periodic rent equal to 100% of the rent provided herein.

5.  OPTION TO PURCHASE: We hereby grant to you, provided you are not in default
hereunder, the option to purchase, "as is" without express or implied warranties
all (not pan) of too Equipment at the expiration of the term of INS Agreement
for ft then fair market value plus all applicable taxes.

6.  MAINTENANCE, RISK OF LOSS, AND INSURANCE. You am' responsible for Installing
and keeping the Equipment In good working order. Except for ordinary wear and
tear you a(* responsible for protecting the Equipment from damage and loss of
any kind. If the Equipment is damaged or lost, you agree to continue to pay
rent. You agree during the term of this Agreement to keep the Equipment fully
insured against damage and loss, naming us as the lost payee, to obtain a
general public liability insurance policy from A company acceptable to us,
Including us, as an additional insured an the policy. You agree to provide us
certificates or other evidence of insurance, If you do not, you agree that we
have me right but not the obligation to obtain such insurance, in which event
you agree to pay us to( all costs thereof.
<PAGE>

7. INDEMNITY; We are not responsible for any losses or injuries Caused by ft
Installation,  removal or use of the, Equipment. You shall Indemnify and hold us
harmless from and against any claims, actions. proceedings, damages, expenses
and costs (Including attorney's fees and costs) arising out of In connection
with the Equipment of this Agreement Including without limitation the
possession, use, rental, operation and return of the Equipment.

8. TAXIES AND FEES; You agree to pay when due or reimburse us for all taxes,
fees, and penalties relating to use or ownership of the Equipment or to this
Agreement, now or hereafter imposed, levied of assessed by any or assessed by
any state, federal or local government or agency You agree to pay us a fee of
$67-50 to reimbursed us for the expense of preparing financing statements and
for other documentation costs.

EQUIPMENT LOCATED IN VARIOUS STATES Is subject to sales tax which require that
tax be paid up front. If you choose to pay this tax up front, you may include,
with your security deposit, your check for ft current percent of tax applied to
the cost of Equipment. If you do not include payment up front, you authorize us
to advance me tax and increase your monthly payment by an Amount equal to the
current tax percentage applied to the monthly rental shown above,

9, LOCATION OF EQUIPMENT: You will keep and use the Equipment only It your
address shown above. You agree that the Equipment will not be removed from that
address unless you got our written permission In advance to move ft.

10. DEFAULT AND REMEDIES: It you (a) fall to pay rent or any other payment
hereunder when duo; or (b) fall to perform any of the terms, covenants or
conditions at this Agreement after ten (10) days written notices; or (c) become
insolvent or make an assignment for the benefit of creditors: or (d) a receiver.
trustee, conservator at liquidator is appointed with of without your consent.
you Wag be in default under the Agreement and, we may to the extent permitted by
applicable low, exercise any one or more Of the following remedies; (i) declare
due, sue for and receive from you the sum of so rental payments and other
amounts then due and owing under this Agreement or any schedule thereto, plus
the present value of (x) the sum of the rental payments for the unexpired term
Of this Agreement or any schedule hereto discounted at the rate of 8% per annum
and (y) the anticipated value of the Equipment at the end of the Initial term or
applicable renewal farm of the Agreement (but in no went lose than 15% of the
original cost of the Equipment) discounted at the (ate of 5% per annum and upon
recovery of the some in full, the Equipment shall become your property-, (11) to
similarly accelerate the balances, due under any other agreements between us',
(lit) to take immediate possession of the Equipment, and to 10460 or veil the
Equipment or any portion thereof. upon such terms gig we may elect. and to apply
the net proceeds. less reasonable selling and administrative expanses, on
account   of your obligations hereunder; (iv) charge you interest on all monies
due us from and after the data of default at the rate of one and one third
percent (1-1/3%) per month until paid but in no event Mate than the maximum rate
permitted by law. (v) require you to return all Equipment at your expense to a
place reasonably designated by us; (vi) to charge you for all the expenses
Incurred In connection with the enforcement of any of our remedies Including ail
costs of collection, reasonable attorney's fees and court costs, When ever any
payment is not made by you when due hereunder, you agree to pay us, not later
than one Month thereafter, as an administrative charge to offset our collection
expenses, an amount calculated at the rate of ten cents per one dollar for each
such delayed payment, or $13 whichever Is higher, but only to the extent
permitted by law. Such amount shall be payable In addition to ail amounts
payable by you as a result of the exercise of any of the remedies provided
herein. All our remedies are cumulative, are in addition to any other remedies
provided for by low and may. to the extent permitted by law, be exercised either
concurrently or separately Exercise of any on remedy shall not be deemed an
election of such remedy or to preclude the exercise of any other remedy, No
failure an our part to exercise any right of remedy and no delay in exercising
any right or remedy shall operate as a waiver of any right of remedy or to
modify the terms of this Agreement. A waiver of default shall not be construed
as a waiver of any other of subsequent default. We shall retain the sum set
forth above as, a security deposit for your performance of your obligations
hereunder. Upon lawful termination of this Agreement, Provided You are not In
default the Security Deposit shall be returned to you. No Interest shall be paid
upon said Security Deposit. In the event of default we may apply said Security
Deposit to cure any default.

11. ASSIGNMENT: YOU HAVE NO RIGHT TO SELL. TRANSFER. ASSIGN THIS AGREEMENT OR
SUBLEASE THE EQUIPMENT. We may sell. assign or transfer this Agreement, without
notice, You agree that 4 we 460, assign or transfer this Agreement, Me new owner
will have Me some rights and benefits that we have now and will not have to
perform any of our obligations. You agree the right of the now owner will not be
subject to any claims, defenses, or set offs that you may have against us, In
this event of a sale, assignment or transfer, we agree to remain responsible for
our obligations hereunder.

12. CONSENT TO JURSIDICTION AND GOVERNING LAW: YOU CONSENT TO THE PERSONAL
JURISDICTION OF THE COURTS OF THE STATE OF NEW JERSEY NTH RESPECT TO ANY ACTION
ARISING OUT OF THIS AGREEMENT OR THE EQUIPMENT. THIS MEANS THAT ANY LEGAL ACTION
FILED ILE 0 AGAINST YOU MAY BE FILED IN NEW JERSEY AND THAT YOU MAY BE REQUIRED
TO DEFEND AND LITIGATE ANY SUCH ACTION IN NEW JERSEY. You agree that service of
process by Certified mail, return receipt requested shall be deemed the
equivalent of personal service in any such action. However, nothing In this
paragraph shall be construed to limit the jurisdictions In which suit may be
filed by any party to this Agreement or the means of obtaining service of
process in any such suit. This Agreement shall be governed by and construed
according go Me Ism of the State of Now Jersey. TO THE EXTENT PERMITTED BY LAW,
<PAGE>

YOU WAIVE TRIAL BY JURY IN ANY ACTION HEREUNDER YOU HERE13Y WAIVE ANY AND ALL
RIGHTS AND REMEDIES GRANTED YOU BY SECTION 2A-508 THROUGH 2A-522 OF THE UNIFORM
COMMERCIAL CODE.

13. CUSTOMER P.O.. You agree that any Purchase Order Issued to us Covering the
rental of this Equipment, Is Issued for purposes of authorization and your
internal use only, and none of its terms and conditions shah modify the terms of
this Agreement.

ENTIRE AGREEMENT: This Agreement contains the entire arrangement between you and
us and no modifications of this Agreement shall be effective unless in and
signed by the parties

Leesee X Fred J Barns             Title Chief Financial Officer    Date: 11-4-99
         ------------------             -----------------------          -------

Accepted:  By:__________________________  Title:____________ Date: ___________
          Lessor:  Dimension Funding

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}]]