Document:

ex10_3.htm

    
      

    

    
      Exhibit
10.3

      
        Employment
Agreement between The Mint Leasing, Inc. and Jerry Parish dated July 10, 2008
assumed by The Mint Leasing, Inc. (f/k/a Legacy Communications
Corporation)

         

          
            

          

        

      

      

      EMPLOYMENT
AGREEMENT

      

      This
Employment Agreement (the "Agreement") is made and entered into as of July 10,
2008 by and between The Mint Leasing, Inc.,
a Texas corporation (the "Company"), and Jerry Parish
("Executive").

       

      RECITALS

      

      The
Company owns and operates a business which has developed systems and processes
for the successful leasing of automobiles to auto dealership
customers.  The Company desires to employ Executive, who is the
founder of the Company, and the Executive desires to accept such employment, on
the terms and subject to the conditions set forth in this
Agreement.

      

      The
Company and Executive anticipate that a publically owned corporation ("Parent")
is likely to acquire 100% of the equity interest in the
Company.  In such event, the Company and Executive expect that Parent
will assume and agree to perform the terms and conditions of this
Agreement.

      

      In
consideration of the mutual promises set forth in this Agreement the parties
hereto agree as follows:

       

      ARTICLE
I

      Term of
Employment

      

      1.01          Subject
to the provisions of Article V, and upon the terms and subject to the conditions
set forth in this Agreement, the Company will employ Executive for the
three-year period beginning on the date first written above (the "Commencement
Date") and ending on the third anniversary of the Commencement
Date.

      

      ARTICLE
II

      Duties

      

      2.01(a)
During the term of employment, Executive will:

      

      (i)          Promote
the interests, within the scope of his duties, of the Company and devote his
full working time and efforts to the Company's business and
affairs;

      

      (ii)         Serve
as Chairman and Chief Executive Officer of the Company; and

      

      (iii)        Perform
the duties and services consistent with the title and function of such office,
including without limitation, those, if any, set forth in the bylaws of the
Company or as specifically set forth from time to time by the Company's Board of
Directors (the "Board").

      

      (b)           Notwithstanding
anything contained in clause 2.01(a)(i) above to the contrary, nothing contained
herein or under law shall be construed as preventing Executive from (i)
investing Executive's personal assets in such form or manner as will not require
any services on the part of Executive in the operation or the affairs of the
companies in which such investments are made and in which his participation is
solely that of a passive investor (provided that he, collectively with his
family and affiliated interests (or persons constituting a "group" under the
federal securities laws) will not exceed 5% of any company's voting securities);
and (ii) engaging (not during normal business hours) in any other professional,
civic, or philanthropic activities, provided that Executive's investments or
engagement does not result in a violation of his covenants under this Section or
Article VI hereof.

      

      ARTICLE
III

      Base
Compensation

      

      3.01         The
Company will compensate Executive for the duties performed by him hereunder by
payment of a base salary at the rate of Six Hundred Seventy Five Thousand
($675,000.00) per annum (the "Base"), payable in equal weekly installments,
subject to customary withholding for federal, state, and local taxes and other
normal and customary withholding items.

      
        
           

        

        
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      3.02         Bonus.  In
addition to the Base, the Company (a) shall pay to the Executive a bonus (the
"Non-Discretionary Bonus") quarterly upon closing of the Company income and
expense accounting for the quarter, equal to two percent (2%) of the Company's
"modified EBITDA," calculated as follows:  net profit before interest,
taxes, depreciation, and amortization,  and (b) may pay to the
Executive a bonus (the "Discretionary Bonus") (the Non-Discretionary Bonus and
Discretionary Bonus are sometimes collectively referred to as the "Bonus") of
any amounts deemed reasonable and appropriate by the Company's Board of
Directors based on the quality and nature of the Executive's services and the
performance of the Company during such year.

      

      ARTICLE
IV

      Reimbursement and Employment
Benefits

      

      4.01          Health and Other
Medical. Executive shall be eligible to participate in all health,
medical, dental, and life insurance employee benefits as are available from time
to time to other key executive employees (and their families) of the Company and
the Parent, including a Life Insurance Plan, Medical and Dental Insurance Plan,
and a Long Term Disability Plan (the "Plans"). The Company shall pay 100% of all
premiums with respect to the Executive and his family for such
Plans.

      

      4.02         Vacation. Executive
shall be entitled to five (5) weeks (200 hours) of vacation per year, to be
taken in such amounts and at such times as shall be mutually convenient for
Executive and the Company.  Any time not taken by Executive in one
year shall be carried forward to subsequent years, up to and including 160
hours.  Each year, Executive may elect to receive up to one week's pay
in exchange for a corresponding number of vacation hours.  Executive
must have accrued at least two weeks of vacation at the time he makes the
foregoing election.

      

      4.03          Performance Enhancing
Items. Executive shall be entitled to receive from the Company a monthly
car allowance of up to One Thousand Dollars ($1,000) per month.

      

      4.04          Reimbursable
Expenses. The Company shall in accordance with its standard policies in
effect from time to time reimburse Executive for all reasonable out-of-pocket
expenses actually incurred by him in the conduct of the business of the Company
provided that Executive submits all substantiation of such expenses to the
Company on a timely basis in accordance with such standard
policies.

      

      4.05          Savings Plan.
Executive will be eligible to enroll and participate, and be immediately vested
in, all Company savings and retirement plans, including any 401(k) plans, as are
available from time to time to other key executive employees.

      

      4.06          Common Stock Purchase
Options, Upon closing of the purchase of 100% of the equity interests of
the Company by the Parent, Executive will be issued an incentive stock option,
as defined in the Internal Revenue Code of 1986, as amended, to purchase up to
2,000,000 common shares, par value $.001, of Parent.  The exercise
price of the incentive stock options will be equal to the fair market value of
Parent's common stick, determined with reference to the price of the last sale
of Parent common stock as reported by the Electronic Bulletin Board on the day
of closing of the purchase and sale.  One-third of the original number
of options may be exercised respectively on the first, second and third
anniversary of the closing of the purchase and sale.  The options will
expire ten years after the closing of the purchase and sale.

      

      ARTICLE
V

      Termination

      

      5.01          Events of
Termination. This Agreement, Executive's compensation under Article III,
and any and all other rights of Executive under this Agreement or otherwise as
an employee of the Company will terminate (except as otherwise provided in this
Article V):

      

      
        	
                 
      

              	
                (a)

              	
                upon
      termination of this Agreement by the Executive without Good
      Reason;

              

      

      
        
           

        

        
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                (b)

              	
                upon
      the death of Executive;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                upon
      the disability of Executive (as defined in Section
  5.02);

              

      

      

      
        	
                 
      

              	
                (d)

              	
                for
      "Cause" (as defined in Section 5.03), immediately upon notice from the
      Company to Executive, or at such later time as such notice may specify;
      or

              

      

      

      
        	
                 
      

              	
                (e)

              	
                for
      "Good Reason" (as defined in Section 5.04) upon not less than thirty days'
      prior notice from Executive to the
Employer.

              

      

      

      5.02         Definition of
Disability.  For purposes of Section 5.01, Executive will be
deemed to have a "disability" if, for physical or mental reasons, Executive is
unable to perform the essential functions of  Executive's duties under
this Agreement for 120 consecutive days, or 180 days during any twelve-month
period, as determined in accordance with this Section 5.02.  The
disability of Executive will be determined by a medical doctor selected by
written agreement of the Company and Executive upon the request of either party
by notice to the other.  If the Company and Executive cannot agree on
the selection of a medical doctor, each of them will select a medical doctor and
the two medical doctors will select a third medical doctor who will determine
whether Executive has a disability.  The determination of the medical
doctor selected under this Section 5.02 will be binding on both
parties.  The Executive must submit to a reasonable number of
examinations by the medical doctor making the determination of disability under
this Section 5.02, and the Executive hereby authorizes the disclosure and
release to the Company of such determination and all supporting medical
records.  If Executive is not legally competent, Executive's legal
guardian or duly authorized attorney-in-fact will act in Executive's stead,
under this Section 5.02, for the purposes of submitting the Executive to the
examinations, and providing the authorization of disclosure, required under this
Section 5.02.

      

      5.03          Definition of
"Cause."  The term "Cause" shall mean the
following:

      

      (a)           Any
violation by Executive of any material provision of this Agreement (including
without limitation any violation of any provision of Sections 6.01, 6.02 or 6.03
hereof any and all of which are material in all respects), upon notice of same
by the Company describing in detail the breach asserted and stating that it
constitutes notice pursuant to this Section 5.03(a), which breach, if capable of
being cured, has not been cured to the Company's sole and absolute satisfaction
within 30 days after such notice (except for breaches of any provisions of
sections 6.01, 6.02 or 6.03 which are not subject to cure or any
notice);

      

      (b)           Embezzlement
by Executive of funds or property of the Company;

      

      (c)           Habitual
absenteeism, bad faith, fraud, refusal to perform his duties, gross negligence
or willful misconduct on the part of Executive in the performance of his duties
as an employee of the Company, provided that the Company has given written
notice of and an opportunity of not less than 30 days to cure such breach, which
notice describes in detail the breach asserted and stating that it constitutes
notice pursuant to this Section 5.03(c), provided that no such notice or
opportunity needs to be given if (x) in the judgment of the Company's Board of
Directors, such conduct is habitual or would unnecessarily or unreasonably
expose the Company to undue risk or harm or (y) one previous notice had already
been given under this section or under section (i) above; or

      

      (d)           A
felonious act, conviction, or plea of nolo contendere of Executive
under the laws of the United States or any state (except for any conviction or
plea based on a vicarious liability theory and not the actual conduct of the
Executive).

      
        
           

        

        
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      5.04          Definition of "Good
Reason."  For purposes of Section 5.01(e), the phrase "Good
Reason" means any of the following: (a) The Company's material breach of this
Agreement; (b) the assignment of Executive without his consent to a position,
responsibilities, or duties of a materially lesser status or degree of
responsibility than his position, responsibilities, or duties at the
Commencement Date; or (c) the relocation of the Company's principal executive
offices outside the Houston, Texas area; or (d) the requirement by the Company
that Executive be based anywhere other than the Company's principal executive
offices, in either case without Executive's consent.

      

      5.05          Termination
Pay.  Effective upon the termination of this Agreement, the
Company will be obligated to pay Executive (or, in the event of his death, his
designated beneficiary as defined below) only such compensation as is provided
in this Section 5.05 (the "Severance").
For purposes of this Section 5.05, Executive's designated beneficiary will be
such individual beneficiary or trust, located at such address, as Executive may
designate by notice to the Company from time to time or, if Executive fails to
give notice to the Company of such a beneficiary, Executive's
estate.  Notwithstanding the preceding sentence, the Company will have
no duty, in any circumstances, to attempt to open an estate on behalf of
Executive, to determine whether any beneficiary designated by Executive is alive
or to ascertain the address of any such beneficiary, to determine the existence
of any trust, to determine whether any person or entity purporting to act as
Executive's personal representative (or the trustee of a trust established by
Executive) is duly authorized to act in that capacity, or to locate or attempt
to locate any beneficiary, personal representative, or trustee.

      

      (a)           Termination by Executive
without Good Reason.  If Executive terminates this Agreement
without Good Reason, the Company will pay Executive the full amount of unpaid
Base compensation and accrued but unpaid benefits, including any vacation pay,
earned by Executive pursuant to this Agreement through and including the
effective date of termination of this Agreement (the "Termination
Date").

      

      (b)           Termination by Executive for
Good Reason.  If Executive terminates this Agreement for Good
Reason, the Company will pay Executive (i) the Executive's Base compensation for
the remainder, if any, of the calendar month in which such termination is
effective and for twelve consecutive calendar months thereafter, and (ii) that
portion of the Executive's Bonus, if any, for the fiscal year during which the
termination is effective, prorated through the Termination Date.

      

      (c)           Termination by the Company
for Cause. If the Company terminates this Agreement for Cause, Executive
will be entitled to receive his Base compensation only through the Termination
Date, but will not be entitled to any Bonus for the fiscal year during which
such termination occurs or any subsequent fiscal year.

      

      (d)           Termination upon
Disability.  If this Agreement is terminated by either party as
a result of Executive's disability, as determined under Section 5.02, the
Company will pay Executive his Base compensation through the remainder of the
calendar month during which such termination is effective, and for the lesser of
(i) twelve (12) consecutive months thereafter, or (ii) the period until
disability insurance benefits commence under the disability insurance coverage
furnished by the Company to the Executive.

      

      (e)           Termination upon
Death.  If this Agreement is terminated because of the
Executive's death, Executive will be entitled to receive (i) the Executive's
Base compensation for the remainder, if any, of the calendar month in which his
death occurs and for twelve consecutive calendar months thereafter, and (ii)
that portion of the Executive's Bonus, if any, for the fiscal year during which
his death occurs, prorated through the end of the calendar month during which
his death occurs.

      
        
           

        

        
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      (f)            Benefits. If this
Agreement is terminated pursuant to Sections 5.05(a), (b) or (d), Executive
shall retain the benefits provided in Article IV of this Agreement for the
lesser of (i) three months, or (ii) the remainder of the term of this Agreement
as set forth in Section 1.01.

      

      5.06          General.

      

      (a)           Termination
of this Agreement shall not affect the obligations of Executive under Article VI
hereof that, pursuant to the express provisions of this Agreement, continue in
full force and effect.  Upon termination of this Agreement for any
reason, Executive shall promptly deliver to the Company all Company property
including without limitation all writings, records, data, memoranda, contracts,
orders, sales literature, price lists, client lists, data processing materials,
and other documents, whether or not obtained from the Company or any Affiliate,
which pertain to or were used by Executive in connection with his employment by
the Company or which pertain to any Affiliate, including, but not limited to,
Confidential Information, as well as any automobiles, computers or other
furniture, fixtures or equipment which were purchased by the Company for
Executive or otherwise in Executive's possession or control.

      

      (b)           The
Severance shall be paid, at Company's option, either (x) in a lump sum within
ten (10) days after the Termination Date with such payments discounted by the
U.S. Treasury rate most closely comparable to the applicable time period left in
the Agreement or (y) as and when normal payroll payments are made. Executive
expressly acknowledges and agrees that the payment of Severance to Executive
hereunder shall be liquidated damages for and in full satisfaction of any and
all claims Executive may have relating to or arising out of Executive's
employment or termination of Executive's employment by the Company or relating
to or arising out of this Agreement and the termination thereof, including,
without limitation, those causes of action arising under the Age Discrimination
in Employment Act of 1967, as amended, 29 U.S.C. Sec.621 et seq., Title VII of the
Civil Rights Act of 1964, as amended, 42 U.S.C. Sec.2000e et seq., the Americans with
Disabilities Act of 1990, as amended, 42 U.S.C. Sec.12101 et seq., the Fair Labor
Standards Act of 1938, as amended, 29 U.S.C. Sec.201 et seq., the Civil Rights Act
of April 9, 1866.1 42 U.S.C. Sec.1981 et seq., the National Labor
Management Relations Act, 29 U.S.C. Sec.141 et seq., the Occupational
Safety and Health Act, 29 U.S.C. Sec.651 et seq., and the Family
Medical Leave Act of 1993, 29 U.S.C. Sec.2601 et seq. Notwithstanding the
foregoing, Executive's right to receive Severance Pay is contingent upon
Executive not violating any of his on-going obligations under this
Agreement.

      

      5.07          Representations.
Executive represents, warrants, and covenants to Company that (a) there is no
other agreement or relationship which is binding on him which prevents him from
entering into or fully performing under the terms hereof and (b) the Company may
contact any past, present, or future entity with whom he has a business
relationship and inform such entity of the existence of this Agreement and the
terms and conditions set forth herein.

      

      ARTICLE
VI

      Covenants

      

      6.01          Competition/Solicitation.
(a) During the term of this Agreement and for a period of twenty-four (24)
months after termination of this Agreement, regardless of the reason, Executive
hereby covenants and agrees that he shall not, directly or indirectly, except in
connection with his duties hereunder or otherwise for the sole account and
benefit of the Company, whether as a sole proprietor, partner, member,
shareholder, employee, director, officer, guarantor, consultant, independent
contractor, or in any other capacity as principal or agent, or through any
person, subsidiary, affiliate, or employee acting as nominee or agent, except
with the consent of the Company:

      (i)           Conduct
or engage in, or be interested in or associated with, any person or entity
anywhere in North America (plus any such additional geographical markets to
which the Company may have expanded during the course of Executive‘s employment)
other than the Company and its affiliates which conducts or engages in the
Business (plus any such additional product or service markets to which the
Company may have expanded during the course of Executive‘s
employment);

       

      
        
          
          

        

        
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      (ii)         Solicit,
attempt to solicit, or accept business from, or cause to be solicited or have
business accepted from, any then-current customers of Company, any persons or
entities who were customers of the Company within the 180 days preceding the
Termination Date, or any prospective customers of the Company for whom bids were
being prepared or had been submitted as of the Termination Date; or

      

      (iii)         Induce,
or attempt to induce, hire or attempt to hire, or cause to be induced or hired,
any employee of the Company, or persons who were employees of the Company within
the 180 days preceding the Termination Date, to leave or terminate his or her
employment with the Company, or hire or engage as an independent contractor any
such employee of the Company.

      

      (b)           Notwithstanding
the foregoing, Executive shall not be prevented from (i) investing in or owning
up to two percent (2%) of the outstanding stock of any corporation engaged in
any business provided that such shares are regularly traded on a national
securities exchange or in any over-the-counter market or (ii) retaining any
shares of stock in any corporation which Executive owned before the date of his
employment with the Company.

      

      6.02        
 Confidential
Information. Executive acknowledges that in his employment he is or will
be making use of, acquiring, or adding to the Company's confidential information
which includes, but is not limited to, memoranda and other materials or records
of a proprietary nature; technical information regarding the operations of the
Company; and records and policy matters relating to finance, personnel, market
research, strategic planning, current and potential customers, lease
arrangements, service contracts, management, and operations. Therefore, to
protect the Company's confidential information and to protect other employees
who depend on the Company for regular employment, Executive agrees that he will
not in any way use any of said confidential information except in connection
with his employment by the Company, and except in connection with the business
of the Company he will not copy, reproduce, or take with him the original or any
copies of said confidential information and will not directly or indirectly
divulge any of said confidential information to anyone without the prior written
consent of the Company.

      

      6.03          Inventions. All
discoveries, designs, improvements, ideas, and inventions, whether patentable or
not, relating to (or suggested by or resulting from) products, services, or
other technology of the Company or any Affiliate or relating to (or suggested by
or resulting from) methods or processes used or usable in connection with the
business of the Company or any Affiliate that may be conceived, developed, or
made by Executive during employment with the Company (hereinafter "Inventions"),
either solely or jointly with others, shall automatically become the sole
property of the Company or an Affiliate. Executive shall immediately disclose to
the Company all such Inventions and shall, without additional compensation,
execute all assignments and other documents deemed necessary to perfect the
property rights of the Company or any Affiliate therein. These obligations shall
continue beyond the termination of Executive's employment with respect to
Inventions conceived, developed, or made by Executive during employment with the
Company. The provisions of this Section 6.03 shall not apply to any Invention
for which no equipment, supplies, facility, or trade secret information of the
Company or any Affiliate is used by Executive and which is developed entirely on
Executive's own time, unless (a) such Invention relates (i) to the business of
the Company or an Affiliate or (ii) to the actual or demonstrably anticipated
research or development of the Company or an Affiliate, or (b) such Invention
results from work performed by Executive for the Company.

      

      6.04          Non-Disparagement.
For a period commencing on the Commencement Date and continuing indefinitely,
Executive hereby covenants and agrees that he shall not, directly or indirectly,
defame, disparage, create false impressions, or otherwise put in a false or bad
light the Company, its products or services, its business, reputation, conduct,
practices, past or present employees, financial condition or
otherwise.

      

      6.05          Blue Penciling. If at
the time of enforcement of any provision of this Agreement, a court shall hold
that the duration, scope, or area restriction of any provision hereof is
unreasonable under circumstances now or then existing, the parties hereto agree
that the maximum duration, scope or area reasonable under the circumstances
shall be substituted by the court for the stated duration, scope, or
area.

      
        
           

        

        
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      6.06          Remedies. Executive
acknowledges that any breach by him of the provisions of this Article VI of this
Agreement shall cause irreparable harm to the Company and that a remedy at law
for any breach or attempted breach of Article VI of this Agreement will be
inadequate, and agrees that, notwithstanding section 9.01 hereof, the Company
shall be entitled to exercise all remedies available to it, including specific
performance and injunctive and other equitable relief, without the necessity of
posting any bond, in the case of any such breach or attempted
breach.

      

      ARTICLE
VII

      Assignment

      

      7.01          Assignment. This
Agreement shall be binding upon and inure to the benefit of the successors and
assigns of the Company and shall relieve the Company of its obligations
hereunder if the assignment is pursuant to a Change in Control (as defined
herein).  Neither this Agreement nor any rights hereunder shall be
assignable by Executive and any such purported assignment by him shall be
void.

      

      7.02          Change of Control.
A  "Change in Control" shall be deemed to have occurred at such time
as (i) any person or entity (or person or entities which are affiliated or
acting as a group or otherwise in concert) is or becomes the beneficial owner,
directly or indirectly, of securities representing 50% or more of the combined
voting power for election of directors of the then outstanding securities of the
Company (other than shareholders which own greater than fifty percent (50%) of
the stock of the Company as of the effective date of this Agreement); (ii) the
shareholders of the Company approve any merger or consolidation as a result of
which its equity interests shall be changed, converted, or exchanged (other than
a merger with a wholly-owned subsidiary of the Company) or any liquidation of
the Company or any sale or other disposition of all or substantially all of the
assets or earning power of the Company; or (iii) the shareholders of the Company
approve any merger or consolidation to which the Company is a party as a result
of which the persons who were shareholders of the Company immediately before the
effective date of the merger or consolidation shall have beneficial ownership of
less than 50% of the combined voting power for election of directors or the
equivalent of the surviving corporation following the effective date of such
merger or consolidation; provided, however, that no Change in Control shall be
deemed to have occurred as a result of the sale or transfer of equity interests
of the Company to an employee benefit plan sponsored by the Company or an
affiliate thereof or if the new employer offers to employ the Executive on
substantially the same terms and conditions as set forth in this Agreement
(except that the Base shall not be reduced below the then-existing
Base)

      

      ARTICLE
VIII

      Entire
Agreement

      

      This
Agreement constitutes the entire understanding between the Company and Executive
concerning his employment by the Company or subsidiaries and supersedes any and
all previous agreements between Executive and the Company or any of its
affiliates or subsidiaries concerning such employment, and/or any compensation,
bonuses or incentives.  Each party hereto shall pay its own costs and
expenses (including legal fees) except as otherwise expressly provided herein
incurred in connection with the preparation, negotiation, and execution of this
Agreement.  This Agreement may not be changed orally, but only in a
written instrument signed by both parties hereto.

      
        
           

        

        
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      ARTICLE
IX

      Applicable Law;
Miscellaneous

      

      9.01          Governing Law. This
Agreement shall be governed by and construed in accordance with the laws of the
State of Texas. All actions brought to interpret or enforce this Agreement shall
be brought in federal or state courts located in the state of
Texas.  Notwithstanding the foregoing, at the sole option of the
Company, all controversies under this Agreement may be subject to resolution by
arbitration.  Without limiting the generality of the foregoing, the
following shall be considered controversies for this purpose: (i) all questions
relating to the interpretation or breach of this Agreement; (ii) all questions
relating to any representations, negotiations, and other proceedings leading to
the execution of this Agreement; and (iii) all questions as to whether the right
to arbitrate any such question exists.  Any party may, without
inconsistency with this Agreement, seek from a court any interim or provisional
relief that may be necessary to protect the rights or property of that party,
pending the establishment of the arbitral tribunal (or pending the tribunal's
determination of the merits of the controversy).  The tribunal shall
have authority to make the final determination of the rights of the parties,
including authority to make permanent, modify, or dissolve any judicial order
granting such provisional relief.  The Company, if it desires
arbitration, shall so notify the other parties, identifying in reasonable detail
the matters to be arbitrated and the relief sought.  Arbitration shall
be before a three-person tribunal of neutral arbitrators, consisting of
attorneys with at least ten (10) years' experience in commercial law. The
American Arbitration Association ("AAA") shall submit a list of persons meeting
the criteria outlined above, and the parties shall mutually agree upon the three
arbitrators. If the parties fail to select arbitrators as required above within
twenty (20) days after delivery of notice from the party desiring arbitration,
the AAA shall appoint the arbitrator or arbitrators that have not been selected
by the parties. The arbitrators shall be entitled to a fee commensurate with
their fees for professional services requiring similar time and effort. All
matters arbitrated hereunder shall be arbitrated in Houston, Texas, and shall be
governed by Texas law, exclusive of its conflicts-of-laws rules.  The
arbitrators shall conduct a hearing no later than sixty (60) days after
designation of the tribunal, and a decision shall be rendered by the arbitrators
within thirty (30) days after the hearing.  At the hearing, the
parties shall present such evidence and witnesses as they may choose, with or
without counsel.  Adherence to formal rules of evidence shall not be
required but the arbitration panel shall consider any evidence and testimony
that it determines to be relevant, in accordance with procedures that it
determines to be appropriate.  Any award entered shall be made by a
written opinion stating the reasons for the award made.  The
arbitrators may award legal or equitable relief, including but not limited to
specific performance.  The arbitrators are not empowered to award
damages in excess of compensatory damages, and each party irrevocably waives any
right to recover such damages with respect to any dispute resolved by
arbitration.  This submission and agreement to arbitrate shall be
specifically enforceable. Arbitration may proceed in the absence of any party if
notice of the proceedings has been given to such party.  The parties
agree to abide by all awards rendered in such proceedings.  Such
awards shall be final and binding on all parties.  Each party shall
continue to perform its obligations under this Agreement pending conclusion of
the arbitration.  No party shall be considered in default hereunder
during the pendency of arbitration proceedings relating to such default. The
arbitrators' fees and other costs of the arbitration shall be borne by the party
against which the award is rendered, except as the arbitration panel may
otherwise provide in its written opinion.

      

      9.02          Attorneys' Fees. In
addition to all other rights and benefits under this Agreement, each party
agrees to reimburse the other for, and indemnify and hold harmless such party
against, all costs and expenses (including attorney's fees) incurred by such
party (whether or not during the term of this Agreement or otherwise), if and to
the extent that such party prevails on or is otherwise successful on the merits
with respect to any action, claim or dispute relating in any manner to this
Agreement or to any termination of this Agreement or in seeking to obtain or
enforce any right or benefit provided by or claimed under this Agreement, taking
into account the relative fault of each of the parties and any other relevant
considerations.

      

      9.03          Indemnification of
Executive. The Company shall indemnify and hold harmless Executive to the
full extent authorized or permitted by law with respect to any claim, liability,
action, or proceeding instituted or threatened against or incurred by Executive
or his legal representatives and arising in connection with Executive's conduct
or position at any time as a director, officer, employee, or agent of the
Company or any subsidiary thereof.  The Company shall not change,
modify, alter, or in any way limit the existing indemnification and
reimbursement provisions relating to and for the benefit of its directors and
officers without the prior written consent of Executive, including any
modification or limitation of any directors and officers liability insurance
policy.

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      9.04          Waiver. No waiver by
either party hereto at any time of any breach by the other party hereto of, or
compliance with, any condition or provision of this Agreement to be performed by
such other party shall be deemed a continuing waiver or a waiver of any similar
or dissimilar provisions or conditions at the same or at any prior or subsequent
time. No agreements or representations, oral or otherwise, express or implied,
with respect to the subject matter hereof have been made by either party hereto
which are not set forth expressly in this Agreement.

      

      9.05          Unenforceability. The
invalidity or unenforceability of any provision or provisions of this Agreement
shall not affect the validity or enforceability of any other provision of this
Agreement, which shall remain in full force and effect.

      

      9.06          Counterparts. This
Agreement may be executed in several counterparts, each of which shall be deemed
to be an original and all of which together shall constitute one and the same
instrument.

      

      9.07          Section Headings. The
section headings contained in this Agreement are inserted for reference purposes
only and shall not affect the meaning or interpretation of this
Agreement.

      

      IN WITNESS WHEREOF, the
parties have executed this Agreement as of the date first written
above.

      

      The Mint
Leasing, Inc.

      

      
        	
                By:

              	
                /s/ Jerry
      Parish

              
	 
      	
                Jerry
      Parish, President

              
	 
      	 
      
	 
      	 
      
	 
      	
                /s/ Jerry
      Parish

              
	 
      	
                Jerry
      Parish

              

      

    

     

     

    9ex10_4.htm

    
      

    

    
      Exhibit
10.4

      
        Form of
Indemnification Agreements between The Mint Leasing, Inc. (f/k/a Legacy
Communications Corporation) and each of Jerry Parish, Michael Hluchanek, and
Kelley V. Kirker

         

          
            

          

        

      

       

      
        

      

       

      INDEMNIFICATION
AGREEMENT

       

      
        
 

       

      AGREEMENT, effective as of
July 14, 2008, between The Mint Leasing, Inc., a Nevada corporation (the
"Company"), and _Jerry Parish ("Indemnitee").

      

      WHEREAS, Indemnitee is a
director (or officer) of the Company;

      

      WHEREAS, both the Company and
Indemnitee recognize the increased risk of litigation and other claims being
asserted against directors and officers of public companies at a time when it
has become increasingly difficult to obtain adequate insurance coverage at
reasonable costs;

      

      WHEREAS, in recognition of
Indemnitees need for substantial protection against personal liability in order
to enhance Indemnitees continued service to the Company in an effective manner,
the Company wishes to provide in this Agreement for the identification of and
the advancing of expenses to Indemnitee to the full extent (whether partial or
complete) permitted by law and as set forth in this Agreement, and, to the
extent insurance is maintained, for the continued coverage of Indemnitee under
the Company's directors' and officers' liability insurance policies, regardless
of any future change in the Certificate of Incorporation, By-Laws, composition
of the Board of Directors, or structure of the Company.;

      

      NOW, THEREFORE, in
consideration of the premises and of Indemnitee's service to the Company,
directly or indirectly, and intending to be legally bound hereby, the parties
hereto agree as follows:

      

      
        	
                1.

              	
                In
      the event Indemnitee was, is, or becomes a party to or a witness or other
      participant in, or is threatened to be made a party to or a witness or
      other participant in, any threatened, pending or completed action, suit or
      proceeding, or any inquiry or investigation, whether conducted by the
      Company or any other party, that Indemnitee in good faith believes might
      lead to any such action, suit or proceeding, whether civil, criminal,
      administrative, investigative or otherwise (a "Claim") by reason of (or
      arising in part out of) the fact that Indemnitee is or was a director,
      officer, employee, agent or fiduciary of the Company, or is or was serving
      at the request of the Company as a director, officer, employee, trustee,
      agent or fiduciary of another corporation, partnership, joint venture,
      trust, employee benefit plan or other enterprise, or by reason of anything
      done or not done by Indemnitee in any such capacity (an "Indemnifiable
      Event"), the Company shall indemnify Indemnitee to the full extent
      permitted by law (the determination of which shall be made by the
      Reviewing Party referred to below) as soon as practicable but in any event
      no later than thirty days after written demand is presented to the
      Company, against any and all expenses (including attorneys' fees and all
      other costs, expenses, and obligations paid or incurred in connection with
      investigating, preparing for and defending or participating in the defense
      of (including on appeal) any Claim relating to any Indemnifiable
      Event)  (collectively "Expenses"), judgments, fines, penalties
      and amounts paid in settlement (including all interest, assessments and
      other charges paid or payable in connection with or in respect of such
      judgments, fines, penalties or amounts paid in settlement) of such Claim
      and, if so requested by Indemnitee, the Company shall advance (within two
      business days of such request) any and all such Expenses to
      Indemnitee;  provided, however, that (i) the foregoing
      obligation of the Company shall not apply to a Claim that was commenced by
      the Indemnitee without the prior approval of the Board of Directors of the
      Company unless the Claim was commenced after a Change in Control (as
      defined in Section 5 herein);  (ii) the foregoing obligation of
      the Company shall be subject to the condition that an appropriate person
      or body (the "Reviewing Party") shall not have determined (in a written
      opinion in any case in which the special, independent counsel referred to
      in Section 4 hereof is involved) that Indemnitee would not be permitted to
      be indemnified for such Expenses under applicable law;  and
      (iii) if, when and to the extent that the Reviewing Party determines that
      Indemnitee would not be permitted to be indemnified for such Expenses
      under applicable law, the Company shall be entitled to be reimbursed by
      Indemnitee (who hereby agrees to reimburse the Company) for all such
      amounts theretofore paid (unless Indemnitee has commenced legal
      proceedings in a court of competent jurisdiction to secure a determination
      that Indemnitee should be indemnified under applicable law, in which event
      Indemnitee shall not be required to so reimburse the Company until a final
      judicial determination requiring such reimbursement is made with respect
      thereto as to which all rights of appeal therefrom have been exhausted or
      lapsed) and the Company shall not be obligated to indemnify or advance any
      additional amounts to Indemnitee under this Agreement (unless there has
      been a determination by a court of competent jurisdiction that the
      Indemnitee would be permitted to be so indemnified or entitled to such
      expense advances under applicable
law).

              

      

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      
        	
                2.

              	
                If
      there has not been a Change in Control of the Company (as hereinafter
      defined), the Reviewing Party shall be (1) quorum of the Board of
      Directors consisting of directors who are not parties to the action, suit
      or proceeding acting by majority vote, or, (2) if such a quorum is not
      obtainable, or, even if obtainable, a quorum of disinterested directors so
      directs, independent legal counsel by the use of a written opinion or (3)
      the stockholders.  If there has been a Change in Control of the
      Company, the Reviewing Party shall be the special, independent counsel
      referred to in Section 4 hereof.

              

      

      

      
        	
                3.

              	
                If
      Indemnitee has not been indemnified by the expiration of the foregoing
      thirty-day period or received expense advances or if the Reviewing Party
      determines that Indemnitee would not be permitted to be indemnified or be
      entitled to receive expense advances within two days of the request
      therefor in whole or in part under applicable law, Indemnitee shall have
      the right to commence litigation seeking from the court a finding that
      Indemnitee is entitled to indemnification and expense advances or
      enforcement of Indemnitee's entitlement to indemnification and expense
      advances or challenging any determination by the Reviewing Party or any
      aspect thereof that Indemnitee is not entitled to be indemnified or
      receive expense advances and the burden of proving that indemnification or
      advancement of expenses is not appropriate shall be on the Company; any
      determination by the Reviewing Party in favor of Indemnitee shall be
      conclusive and binding on the Company, unless facts supplied by Indemnitee
      which form the basis for the determination are subsequently determined to
      have been materially incorrect at the time supplied.  Indemnitee
      agrees to bring any such litigation in any court in the States of Texas
      having subject matter jurisdiction thereof and in which venue is proper,
      and the Company hereby consents to service of process and to appear in any
      such proceeding.

              

      

      

      
        	
                4.

              	
                The
      Company agrees that if there is a Change in Control of the Company (as
      hereinafter defined), then with respect to all matters thereafter arising
      concerning the rights of Indemnitee to indemnity payments and expense
      advances under this Agreement or any other agreement or By-laws now or
      hereafter in effect relating to Claims for Indemnifiable Events, the
      Company shall seek legal advice only from special, independent counsel
      selected by Indemnitee who a majority of the disinterested Directors
      approves (which approval shall not be unreasonably withheld), and who has
      not otherwise performed services for the Company or
      Indemnitee.  Such counsel, among other things, shall determine
      whether and to what extent Indemnitee is permitted to be indemnified or is
      entitled to expense advances under applicable law and shall render its
      written opinion to the Company and Indemnitee to such
      effect.  The Company agrees to pay the reasonable fees of the
      special, independent counsel referred to above and to fully indemnify such
      counsel against any and all expenses (including attorney's fees), claims,
      liabilities and damages arising out of or relating to this Agreement or
      its engagement pursuant hereto except for willful misconduct or gross
      negligence.

              

      

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      
        	
                5.

              	
                For
      purposes of this Agreement, (a) "Change in Control of the Company" shall
      be deemed to have occurred if (i) any "person" (as such term is used in
      Sections 13(d)(3) and 14(d) of the Securities Exchange Act of 1934, as
      amended), other than a trustee or other fiduciary holding securities under
      an employee benefit plan of the Company, is or becomes the beneficial
      owner (as defined in Rule 13d-3 under said Act), directly or indirectly,
      of securities of the Company representing 20% or more of the combined
      voting power of the Company's then outstanding securities, or (ii) during
      any period of two consecutive years, individuals who at the beginning of
      such period constitute the Board of Directors of the Company and any new
      director whose election by the Board of Directors or nomination for
      election by the Company's stockholders was approved by a vote of at least
      two-thirds (2/3) of the directors then still in office who either were
      directors at the beginning of the period or whose election or nomination
      for election was previously so approved, cease for any reason to
      constitute a majority thereof, or (iii) the stockholders of the Company
      approve a merger or consolidation of the Company with any other
      corporation, other than a merger or consolidation which would result in
      the voting securities of the Company outstanding
      immediately  prior thereto continuing to represent (either by
      remaining outstanding or by being converted into voting securities of the
      surviving entity) at least 80% of the combined voting power of the voting
      securities of the Company of such surviving entity outstanding immediately
      after such merger or consolidation, or if the stockholders of the Company
      approve a plan of complete liquidation of the Company or an agreement for
      the sale or disposition by the Company of all or substantially all the
      Company's assets.

              

      

      

      
        	
                6.

              	
                To
      the extent Indemnitee is successful in such proceeding, the Company shall
      indemnify Indemnitee against any and all expenses (including attorney's
      fees) which are incurred by the Indemnitee in connection with any claim
      asserted or action brought by Indemnitee for (i) indemnification or
      advance payment of Expenses by the Company under this Agreement or any
      other agreement or Company By-laws now or hereafter in effect relating to
      Claims for Indemnifiable Events and/or (ii) recovery under any directors'
      and officers' liability insurance policies maintained by the Company,
      regardless of whether Indemnitee ultimately is determined to be entitled
      to such indemnification, advance payment of Expenses or insurance
      recovery, as the case may be.

              

      

      

      
        	
                7.

              	
                If
      Indemnitee is entitled under any provision of this Agreement to
      indemnification by the Company for some or a portion of the Expenses,
      judgments, fines, penalties and amounts paid in settlement of any Claim
      but not, however, for all of the total amount thereof, the Company shall
      nevertheless indemnify Indemnitee for the portion thereof to which
      Indemnitee is entitled.  Notwithstanding any other provision of
      this Agreement, to the extent that Indemnitee has been successful on the
      merits or otherwise in the defense of any Claim relating in whole or in
      part to any Indemnifiable Event or in defense of any issue or matter
      therein, including dismissal without prejudice, Indemnitee shall be
      indemnified against all Expenses incurred in connection
      therewith.

              

      

      

      
        	
                8.

              	
                For
      purposes of this Agreement, the termination of any Claim by judgment,
      order, settlement (whether with or without court approval) or conviction,
      or upon a plea of nolo contendere, or its equivalent, shall not create a
      presumption that Indemnitee did not meet any particular standard of
      conduct or have any particular belief or that a court has determined that
      Indemnitee is not entitled to indemnification or expense advance or that
      indemnification or expense advance is not permitted by applicable
      law.

              

      

      

      
        	
                9.

              	
                The
      Company hereby agrees that, so long as Indemnitee shall continue to serve
      in a capacity referred to in Section 1 hereof, and thereafter so long as
      Indemnitee shall be subject to any possible claim or threatened, pending
      or completed action, suit or proceeding, whether civil, criminal,
      administrative or investigative, by reason of the fact that Indemnitee
      served in any capacity referred to in Section 1 hereof, the Company shall
      maintain in effect for the benefit of Indemnitee any Directors' and
      Officers' Liability Insurance presently in force and effect, providing, in
      all respects, coverage at least comparable to that presently provided;
      provided, however, if, in the business judgment of the then Board, either
      (a) the premium cost for such insurance is substantially disproportionate
      to the amount of coverage, or (b) the coverage provided by such insurance
      is so limited by exclusions that there is insufficient benefit from such
      insurance, then and in that event the Company shall not be required to
      maintain such insurance but shall and hereby agrees to the full extent
      permitted by law to hold harmless and indemnify Indemnitee to the fullest
      extent of the coverage which would otherwise have been provided for the
      benefit of Indemnitee.

              

      

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      
        	
                10.

              	
                (a)

              	
                In
      the event of any changes after the date of this Agreement in any
      applicable law, statute, or rule which expands the right of the Company to
      indemnify a person serving in a capacity referred to in Section 1 hereof,
      such change shall be within the purview of Indemnitee's rights, and the
      Company's obligations, under this Agreement.  In the event of
      any changes in any applicable law, statute, or rule which narrow the right
      of the Company to indemnify a person serving in a capacity referred to in
      Section 1 hereof, such changes, to the extent not otherwise required by
      such law, statute or rule to be applied to this Agreement, shall have no
      effect on this Agreement or the parties' rights and obligations
      hereunder.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                The
      indemnification provided by this Agreement shall not be deemed exclusive
      of any rights to which Indemnitee may be entitled under the Company's
      Certificate of Incorporation, its By-laws, any agreement, any vote of
      stockholders or disinterested directors, laws and regulations in effect
      now or in the future, or otherwise, both as to action in Indemnitee's
      official capacity and as to action in another capacity while holding such
      office.

              

      

      

      
        	
                11.

              	
                If
      the indemnification provided in Section 1 is unavailable and may not be
      paid to Indemnitee because such indemnification is not permitted by law,
      then in respect of any threatened, pending or completed action, suit or
      proceeding in which the Company is jointly liable with Indemnitee (or
      would be if joined in such action, suit or proceeding), the Company shall
      contribute to the full extent permitted by law, to the amount of expenses,
      judgments, fines (including excise taxes and penalties) and amounts paid
      in settlement actually and reasonably incurred and paid or payable by
      Indemnitee in such proportion as is appropriate to reflect (i) the
      relative benefits received by the Company on the one hand and Indemnitee
      on the other hand from the transaction from which such action, suit or
      proceeding arose, and (ii) the relative fault of the Company on the one
      hand and of Indemnitee on the other in connection with the events which
      resulted in such expenses, judgments, fines or settlement amounts, as well
      as any other relevant equitable considerations.  The relative
      fault of the Company on the one hand and of Indemnitee on the other shall
      be determined by reference to among other things, the parties' relative
      intent, knowledge, access to information and opportunity to correct or
      prevent the circumstances resulting in such expenses, judgments, fines or
      settlement amounts.  The Company agrees that it would not be
      just and equitable if contribution pursuant to this paragraph were
      determined by pro rata allocation or any other method of allocation which
      does not take account of the foregoing equitable
      considerations.

              

      

      

      
        	
                12.

              	
                All
      obligations of the Company contained herein shall continue during the
      period Indemnitee serves in a capacity referred to in Section 1 hereof of
      the Company and shall continue thereafter so long as Indemnitee shall be
      subject to any possible Claim relating to an Indemnifiable
      Event.

              

      

      

      
        	
                13.

              	
                (a)

              	
                Promptly
      after receipt by Indemnitee of notice of the commencement of any Claim
      relating to an Indemnifiable Event or proceeding in which Indemnitee is
      made or is threatened to be made a party or a witness, Indemnitee shall
      notify the Company of the commencement of such Claim; but the omission so
      to notify the Company shall not relieve the Company from any obligation it
      may have to indemnify or advance expenses to Indemnitee otherwise than
      under this Agreement.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                Indemnitee
      shall not settle any claim or action in any manner which would impose on
      the Company any penalty, constraint, or obligation to hold harmless or
      indemnify Indemnitee pursuant to this Agreement without the Company's
      prior written consent, which consent shall not be unreasonably
      withheld.

              

      

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      
        	
                14.

              	
                If
      any Claim relating to an Indemnifiable Event, commenced against Indemnitee
      is also commenced against the Company, the Company shall be entitled to
      participate therein at its own expense, and, except as otherwise provided
      hereinbelow, to the extent that it may wish, the Company shall be entitled
      to assume the defense thereof.  After notice from the Company to
      Indemnitee of its election to assume the defense of any Claim, the Company
      shall not be obligated to Indemnitee under this Agreement for any legal or
      other expenses subsequently incurred by Indemnitee in connection with the
      defense thereof other than reasonable costs of investigation, travel, and
      lodging expenses arising out of Indemnitee's participation in such
      Claim.  Indemnitee shall have the right to employ Indemnitee's
      own counsel in such Claim, but the fees and expenses of such counsel
      incurred after notice from the Company to Indemnitee of its assumption of
      the defense thereof shall be at the expense of Indemnitee unless (i)
      otherwise authorized by the Company, (ii) Indemnitee shall have reasonably
      concluded, and so notified the Company, that there may be a conflict of
      interest between the Company and Indemnitee in the conduct of the defense
      of such Claim, or (iii) the Company shall not in fact have employed
      counsel to assume the defense of such Claim, in which cases the fees and
      expenses of Indemnitee's counsel shall be at the expense of the
      Company.  The Company shall not be entitled to assume the
      defense of any Claim brought by or on behalf of the Company or its
      stockholders or as to which Indemnitee shall have made the conclusion set
      forth in (ii) of this Section 14.

              

      

      

      
        	
                15.

              	
                No
      supplement, modification or amendment of this Agreement shall be binding
      unless executed in writing by both of the parties hereto.  No
      waiver of any of the provisions of this Agreement shall be deemed or shall
      constitute a waiver of any other provisions hereof (whether or not
      similar) nor shall such waiver constitute a continuing
    waiver.

              

      

      

      
        	
                16.

              	
                In
      the event of payment under this Agreement, the Company shall be subrogated
      to the extent of such payment to all of the rights of recovery of
      Indemnitee, who shall execute all papers required and shall do everything
      that may be necessary to secure such rights, including the execution of
      such documents necessary to enable the Company effectively to bring suit
      to enforce such rights.

              

      

      

      
        	
                17.

              	
                The
      Company shall not be liable under this Agreement to make any payment in
      connection with any claim made against Indemnitee to the extent Indemnitee
      has otherwise actually received payment (under any insurance policy,
      By-law or otherwise) of the amounts otherwise indemnifiable
      hereunder.

              

      

      

      
        	
                18.

              	
                This
      Agreement shall be binding upon and inure to the benefit of and be
      enforceable by the parties hereto and their respective successors,
      assigns, including any direct or indirect successor by purchase, merger,
      consolidation or otherwise to all or substantially all of the business
      and/or assets of the Company, spouses, heirs, executors, and personal and
      legal representatives.  This Agreement shall continue in effect
      regardless of whether Indemnitee continues to serve as an officer or
      director of the Company or of any other enterprise at the Company's
      request.

              

      

      

      
        	
                19.

              	
                The
      provisions of this Agreement shall be severable in the event that any of
      the provisions hereof (including any provision within a single section,
      paragraph or sentence) are held by a court of competent jurisdiction to be
      invalid, void or otherwise unenforceable, and the remaining provisions
      shall remain enforceable to the full extent permitted by
    law.

              

      

      

      
        	
                20.

              	
                This
      Agreement shall be governed by and construed in accordance with the laws
      of the State of Texas applicable to contracts made and to be performed in
      such state, but excluding any conflicts-of-law rule or principle which
      might refer such governance, construction or enforcement to the laws of
      another state or country.

              

      

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      IN WITNESS WHEREOF, the
parties hereto have executed this Agreement on and as of the day and year first
above written.

      

      THE MINT
LEASING, INC.

      

      

      
        	
                By:

              	
                /s/ Jerry Parish

              	 
      
	 
      	
                Jerry
      Parish

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                INDEMNITEE

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                /s/ Jerry Parish

              	 
      
	 
      	
                Jerry
      Parish

              	 
      

      

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      
        
          

        

         

      

      INDEMNIFICATION
AGREEMENT

       

      
        
 

      

      AGREEMENT, effective as of
July 14, 2008, between The Mint Leasing, Inc., a Nevada corporation (the
"Company"), and _Michael Hluchanek ("Indemnitee").

      

      WHEREAS, Indemnitee is a
director (or officer) of the Company;

      

      WHEREAS, both the Company and
Indemnitee recognize the increased risk of litigation and other claims being
asserted against directors and officers of public companies at a time when it
has become increasingly difficult to obtain adequate insurance coverage at
reasonable costs;

      

      WHEREAS, in recognition of
Indemnitees need for substantial protection against personal liability in order
to enhance Indemnitees continued service to the Company in an effective manner,
the Company wishes to provide in this Agreement for the identification of and
the advancing of expenses to Indemnitee to the full extent (whether partial or
complete) permitted by law and as set forth in this Agreement, and, to the
extent insurance is maintained, for the continued coverage of Indemnitee under
the Company's directors' and officers' liability insurance policies, regardless
of any future change in the Certificate of Incorporation, By-Laws, composition
of the Board of Directors, or structure of the Company.;

      

      NOW, THEREFORE, in
consideration of the premises and of Indemnitee's service to the Company,
directly or indirectly, and intending to be legally bound hereby, the parties
hereto agree as follows:

      

      
        	
                1.

              	
                In
      the event Indemnitee was, is, or becomes a party to or a witness or other
      participant in, or is threatened to be made a party to or a witness or
      other participant in, any threatened, pending or completed action, suit or
      proceeding, or any inquiry or investigation, whether conducted by the
      Company or any other party, that Indemnitee in good faith believes might
      lead to any such action, suit or proceeding, whether civil, criminal,
      administrative, investigative or otherwise (a "Claim") by reason of (or
      arising in part out of) the fact that Indemnitee is or was a director,
      officer, employee, agent or fiduciary of the Company, or is or was serving
      at the request of the Company as a director, officer, employee, trustee,
      agent or fiduciary of another corporation, partnership, joint venture,
      trust, employee benefit plan or other enterprise, or by reason of anything
      done or not done by Indemnitee in any such capacity (an "Indemnifiable
      Event"), the Company shall indemnify Indemnitee to the full extent
      permitted by law (the determination of which shall be made by the
      Reviewing Party referred to below) as soon as practicable but in any event
      no later than thirty days after written demand is presented to the
      Company, against any and all expenses (including attorneys' fees and all
      other costs, expenses, and obligations paid or incurred in connection with
      investigating, preparing for and defending or participating in the defense
      of (including on appeal) any Claim relating to any Indemnifiable
      Event)  (collectively "Expenses"), judgments, fines, penalties
      and amounts paid in settlement (including all interest, assessments and
      other charges paid or payable in connection with or in respect of such
      judgments, fines, penalties or amounts paid in settlement) of such Claim
      and, if so requested by Indemnitee, the Company shall advance (within two
      business days of such request) any and all such Expenses to
      Indemnitee;  provided, however, that (i) the foregoing
      obligation of the Company shall not apply to a Claim that was commenced by
      the Indemnitee without the prior approval of the Board of Directors of the
      Company unless the Claim was commenced after a Change in Control (as
      defined in Section 5 herein);  (ii) the foregoing obligation of
      the Company shall be subject to the condition that an appropriate person
      or body (the "Reviewing Party") shall not have determined (in a written
      opinion in any case in which the special, independent counsel referred to
      in Section 4 hereof is involved) that Indemnitee would not be permitted to
      be indemnified for such Expenses under applicable law;  and
      (iii) if, when and to the extent that the Reviewing Party determines that
      Indemnitee would not be permitted to be indemnified for such Expenses
      under applicable law, the Company shall be entitled to be reimbursed by
      Indemnitee (who hereby agrees to reimburse the Company) for all such
      amounts theretofore paid (unless Indemnitee has commenced legal
      proceedings in a court of competent jurisdiction to secure a determination
      that Indemnitee should be indemnified under applicable law, in which event
      Indemnitee shall not be required to so reimburse the Company until a final
      judicial determination requiring such reimbursement is made with respect
      thereto as to which all rights of appeal therefrom have been exhausted or
      lapsed) and the Company shall not be obligated to indemnify or advance any
      additional amounts to Indemnitee under this Agreement (unless there has
      been a determination by a court of competent jurisdiction that the
      Indemnitee would be permitted to be so indemnified or entitled to such
      expense advances under applicable
law).

              

      

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

      
        	
                2.

              	
                If
      there has not been a Change in Control of the Company (as hereinafter
      defined), the Reviewing Party shall be (1) quorum of the Board of
      Directors consisting of directors who are not parties to the action, suit
      or proceeding acting by majority vote, or, (2) if such a quorum is not
      obtainable, or, even if obtainable, a quorum of disinterested directors so
      directs, independent legal counsel by the use of a written opinion or (3)
      the stockholders.  If there has been a Change in Control of the
      Company, the Reviewing Party shall be the special, independent counsel
      referred to in Section 4 hereof.

              

      

      

      
        	
                3.

              	
                If
      Indemnitee has not been indemnified by the expiration of the foregoing
      thirty-day period or received expense advances or if the Reviewing Party
      determines that Indemnitee would not be permitted to be indemnified or be
      entitled to receive expense advances within two days of the request
      therefor in whole or in part under applicable law, Indemnitee shall have
      the right to commence litigation seeking from the court a finding that
      Indemnitee is entitled to indemnification and expense advances or
      enforcement of Indemnitee's entitlement to indemnification and expense
      advances or challenging any determination by the Reviewing Party or any
      aspect thereof that Indemnitee is not entitled to be indemnified or
      receive expense advances and the burden of proving that indemnification or
      advancement of expenses is not appropriate shall be on the Company; any
      determination by the Reviewing Party in favor of Indemnitee shall be
      conclusive and binding on the Company, unless facts supplied by Indemnitee
      which form the basis for the determination are subsequently determined to
      have been materially incorrect at the time supplied.  Indemnitee
      agrees to bring any such litigation in any court in the States of Texas
      having subject matter jurisdiction thereof and in which venue is proper,
      and the Company hereby consents to service of process and to appear in any
      such proceeding.

              

      

      

      
        	
                4.

              	
                The
      Company agrees that if there is a Change in Control of the Company (as
      hereinafter defined), then with respect to all matters thereafter arising
      concerning the rights of Indemnitee to indemnity payments and expense
      advances under this Agreement or any other agreement or By-laws now or
      hereafter in effect relating to Claims for Indemnifiable Events, the
      Company shall seek legal advice only from special, independent counsel
      selected by Indemnitee who a majority of the disinterested Directors
      approves (which approval shall not be unreasonably withheld), and who has
      not otherwise performed services for the Company or
      Indemnitee.  Such counsel, among other things, shall determine
      whether and to what extent Indemnitee is permitted to be indemnified or is
      entitled to expense advances under applicable law and shall render its
      written opinion to the Company and Indemnitee to such
      effect.  The Company agrees to pay the reasonable fees of the
      special, independent counsel referred to above and to fully indemnify such
      counsel against any and all expenses (including attorney's fees), claims,
      liabilities and damages arising out of or relating to this Agreement or
      its engagement pursuant hereto except for willful misconduct or gross
      negligence.

              

      

      

      
        	
                5.

              	
                For
      purposes of this Agreement, (a) "Change in Control of the Company" shall
      be deemed to have occurred if (i) any "person" (as such term is used in
      Sections 13(d)(3) and 14(d) of the Securities Exchange Act of 1934, as
      amended), other than a trustee or other fiduciary holding securities under
      an employee benefit plan of the Company, is or becomes the beneficial
      owner (as defined in Rule 13d-3 under said Act), directly or indirectly,
      of securities of the Company representing 20% or more of the combined
      voting power of the Company's then outstanding securities, or (ii) during
      any period of two consecutive years, individuals who at the beginning of
      such period constitute the Board of Directors of the Company and any new
      director whose election by the Board of Directors or nomination for
      election by the Company's stockholders was approved by a vote of at least
      two-thirds (2/3) of the directors then still in office who either were
      directors at the beginning of the period or whose election or nomination
      for election was previously so approved, cease for any reason to
      constitute a majority thereof, or (iii) the stockholders of the Company
      approve a merger or consolidation of the Company with any other
      corporation, other than a merger or consolidation which would result in
      the voting securities of the Company outstanding
      immediately  prior thereto continuing to represent (either by
      remaining outstanding or by being converted into voting securities of the
      surviving entity) at least 80% of the combined voting power of the voting
      securities of the Company of such surviving entity outstanding immediately
      after such merger or consolidation, or if the stockholders of the Company
      approve a plan of complete liquidation of the Company or an agreement for
      the sale or disposition by the Company of all or substantially all the
      Company's assets.

              

      

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      
        	
                6.

              	
                To
      the extent Indemnitee is successful in such proceeding, the Company shall
      indemnify Indemnitee against any and all expenses (including attorney's
      fees) which are incurred by the Indemnitee in connection with any claim
      asserted or action brought by Indemnitee for (i) indemnification or
      advance payment of Expenses by the Company under this Agreement or any
      other agreement or Company By-laws now or hereafter in effect relating to
      Claims for Indemnifiable Events and/or (ii) recovery under any directors'
      and officers' liability insurance policies maintained by the Company,
      regardless of whether Indemnitee ultimately is determined to be entitled
      to such indemnification, advance payment of Expenses or insurance
      recovery, as the case may be.

              

      

      

      
        	
                7.

              	
                If
      Indemnitee is entitled under any provision of this Agreement to
      indemnification by the Company for some or a portion of the Expenses,
      judgments, fines, penalties and amounts paid in settlement of any Claim
      but not, however, for all of the total amount thereof, the Company shall
      nevertheless indemnify Indemnitee for the portion thereof to which
      Indemnitee is entitled.  Notwithstanding any other provision of
      this Agreement, to the extent that Indemnitee has been successful on the
      merits or otherwise in the defense of any Claim relating in whole or in
      part to any Indemnifiable Event or in defense of any issue or matter
      therein, including dismissal without prejudice, Indemnitee shall be
      indemnified against all Expenses incurred in connection
      therewith.

              

      

      

      
        	
                8.

              	
                For
      purposes of this Agreement, the termination of any Claim by judgment,
      order, settlement (whether with or without court approval) or conviction,
      or upon a plea of nolo contendere, or its equivalent, shall not create a
      presumption that Indemnitee did not meet any particular standard of
      conduct or have any particular belief or that a court has determined that
      Indemnitee is not entitled to indemnification or expense advance or that
      indemnification or expense advance is not permitted by applicable
      law.

              

      

      

      
        	
                9.

              	
                The
      Company hereby agrees that, so long as Indemnitee shall continue to serve
      in a capacity referred to in Section 1 hereof, and thereafter so long as
      Indemnitee shall be subject to any possible claim or threatened, pending
      or completed action, suit or proceeding, whether civil, criminal,
      administrative or investigative, by reason of the fact that Indemnitee
      served in any capacity referred to in Section 1 hereof, the Company shall
      maintain in effect for the benefit of Indemnitee any Directors' and
      Officers' Liability Insurance presently in force and effect, providing, in
      all respects, coverage at least comparable to that presently provided;
      provided, however, if, in the business judgment of the then Board, either
      (a) the premium cost for such insurance is substantially disproportionate
      to the amount of coverage, or (b) the coverage provided by such insurance
      is so limited by exclusions that there is insufficient benefit from such
      insurance, then and in that event the Company shall not be required to
      maintain such insurance but shall and hereby agrees to the full extent
      permitted by law to hold harmless and indemnify Indemnitee to the fullest
      extent of the coverage which would otherwise have been provided for the
      benefit of Indemnitee.

              

      

      
        
           

        

        
          9

          
            

          

        

        
           

        

      

      
        	
                10.

              	
                (a)

              	
                In
      the event of any changes after the date of this Agreement in any
      applicable law, statute, or rule which expands the right of the Company to
      indemnify a person serving in a capacity referred to in Section 1 hereof,
      such change shall be within the purview of Indemnitee's rights, and the
      Company's obligations, under this Agreement.  In the event of
      any changes in any applicable law, statute, or rule which narrow the right
      of the Company to indemnify a person serving in a capacity referred to in
      Section 1 hereof, such changes, to the extent not otherwise required by
      such law, statute or rule to be applied to this Agreement, shall have no
      effect on this Agreement or the parties' rights and obligations
      hereunder.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                The
      indemnification provided by this Agreement shall not be deemed exclusive
      of any rights to which Indemnitee may be entitled under the Company's
      Certificate of Incorporation, its By-laws, any agreement, any vote of
      stockholders or disinterested directors, laws and regulations in effect
      now or in the future, or otherwise, both as to action in Indemnitee's
      official capacity and as to action in another capacity while holding such
      office.

              

      

      

      
        	
                11.

              	
                If
      the indemnification provided in Section 1 is unavailable and may not be
      paid to Indemnitee because such indemnification is not permitted by law,
      then in respect of any threatened, pending or completed action, suit or
      proceeding in which the Company is jointly liable with Indemnitee (or
      would be if joined in such action, suit or proceeding), the Company shall
      contribute to the full extent permitted by law, to the amount of expenses,
      judgments, fines (including excise taxes and penalties) and amounts paid
      in settlement actually and reasonably incurred and paid or payable by
      Indemnitee in such proportion as is appropriate to reflect (i) the
      relative benefits received by the Company on the one hand and Indemnitee
      on the other hand from the transaction from which such action, suit or
      proceeding arose, and (ii) the relative fault of the Company on the one
      hand and of Indemnitee on the other in connection with the events which
      resulted in such expenses, judgments, fines or settlement amounts, as well
      as any other relevant equitable considerations.  The relative
      fault of the Company on the one hand and of Indemnitee on the other shall
      be determined by reference to among other things, the parties' relative
      intent, knowledge, access to information and opportunity to correct or
      prevent the circumstances resulting in such expenses, judgments, fines or
      settlement amounts.  The Company agrees that it would not be
      just and equitable if contribution pursuant to this paragraph were
      determined by pro rata allocation or any other method of allocation which
      does not take account of the foregoing equitable
      considerations.

              

      

      

      
        	
                12.

              	
                All
      obligations of the Company contained herein shall continue during the
      period Indemnitee serves in a capacity referred to in Section 1 hereof of
      the Company and shall continue thereafter so long as Indemnitee shall be
      subject to any possible Claim relating to an Indemnifiable
      Event.

              

      

      

      
        	
                13.

              	
                (a)

              	
                Promptly
      after receipt by Indemnitee of notice of the commencement of any Claim
      relating to an Indemnifiable Event or proceeding in which Indemnitee is
      made or is threatened to be made a party or a witness, Indemnitee shall
      notify the Company of the commencement of such Claim; but the omission so
      to notify the Company shall not relieve the Company from any obligation it
      may have to indemnify or advance expenses to Indemnitee otherwise than
      under this Agreement.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                Indemnitee
      shall not settle any claim or action in any manner which would impose on
      the Company any penalty, constraint, or obligation to hold harmless or
      indemnify Indemnitee pursuant to this Agreement without the Company's
      prior written consent, which consent shall not be unreasonably
      withheld.

              

      

      

      
        	
                14.

              	
                If
      any Claim relating to an Indemnifiable Event, commenced against Indemnitee
      is also commenced against the Company, the Company shall be entitled to
      participate therein at its own expense, and, except as otherwise provided
      hereinbelow, to the extent that it may wish, the Company shall be entitled
      to assume the defense thereof.  After notice from the Company to
      Indemnitee of its election to assume the defense of any Claim, the Company
      shall not be obligated to Indemnitee under this Agreement for any legal or
      other expenses subsequently incurred by Indemnitee in connection with the
      defense thereof other than reasonable costs of investigation, travel, and
      lodging expenses arising out of Indemnitee's participation in such
      Claim.  Indemnitee shall have the right to employ Indemnitee's
      own counsel in such Claim, but the fees and expenses of such counsel
      incurred after notice from the Company to Indemnitee of its assumption of
      the defense thereof shall be at the expense of Indemnitee unless (i)
      otherwise authorized by the Company, (ii) Indemnitee shall have reasonably
      concluded, and so notified the Company, that there may be a conflict of
      interest between the Company and Indemnitee in the conduct of the defense
      of such Claim, or (iii) the Company shall not in fact have employed
      counsel to assume the defense of such Claim, in which cases the fees and
      expenses of Indemnitee's counsel shall be at the expense of the
      Company.  The Company shall not be entitled to assume the
      defense of any Claim brought by or on behalf of the Company or its
      stockholders or as to which Indemnitee shall have made the conclusion set
      forth in (ii) of this Section
14.

              

      

      
        
           

        

        
          10

          
            

          

        

        
           

        

      

      
        	
                15.

              	
                No
      supplement, modification or amendment of this Agreement shall be binding
      unless executed in writing by both of the parties hereto.  No
      waiver of any of the provisions of this Agreement shall be deemed or shall
      constitute a waiver of any other provisions hereof (whether or not
      similar) nor shall such waiver constitute a continuing
    waiver.

              

      

      

      
        	
                16.

              	
                In
      the event of payment under this Agreement, the Company shall be subrogated
      to the extent of such payment to all of the rights of recovery of
      Indemnitee, who shall execute all papers required and shall do everything
      that may be necessary to secure such rights, including the execution of
      such documents necessary to enable the Company effectively to bring suit
      to enforce such rights.

              

      

      

      
        	
                17.

              	
                The
      Company shall not be liable under this Agreement to make any payment in
      connection with any claim made against Indemnitee to the extent Indemnitee
      has otherwise actually received payment (under any insurance policy,
      By-law or otherwise) of the amounts otherwise indemnifiable
      hereunder.

              

      

      

      
        	
                18.

              	
                This
      Agreement shall be binding upon and inure to the benefit of and be
      enforceable by the parties hereto and their respective successors,
      assigns, including any direct or indirect successor by purchase, merger,
      consolidation or otherwise to all or substantially all of the business
      and/or assets of the Company, spouses, heirs, executors, and personal and
      legal representatives.  This Agreement shall continue in effect
      regardless of whether Indemnitee continues to serve as an officer or
      director of the Company or of any other enterprise at the Company's
      request.

              

      

      

      
        	
                19.

              	
                The
      provisions of this Agreement shall be severable in the event that any of
      the provisions hereof (including any provision within a single section,
      paragraph or sentence) are held by a court of competent jurisdiction to be
      invalid, void or otherwise unenforceable, and the remaining provisions
      shall remain enforceable to the full extent permitted by
    law.

              

      

      

      
        	
                20.

              	
                This
      Agreement shall be governed by and construed in accordance with the laws
      of the State of Texas applicable to contracts made and to be performed in
      such state, but excluding any conflicts-of-law rule or principle which
      might refer such governance, construction or enforcement to the laws of
      another state or country.

              

      

      
        
           

        

        
          11

          
            

          

        

        
           

        

      

      IN WITNESS WHEREOF, the
parties hereto have executed this Agreement on and as of the day and year first
above written.

      

      THE MINT
LEASING, INC.

      

      

      
        	
                By: 

              	/s/
      Jerry Parish	 
	 
      	Jerry
      Parish	
                 

              
	 
      	 	 
      
	 
      	 	 
      
	
                INDEMNITEE

              	 
      
	 
      	 	 
      
	 
      	 	 
      
	
                 

              	/s/
      Michael Hluchanek	 
	 
      	Michael
      Hluchanek	
                 

              

      

      
        
           

        

        
          12

          
            

          

        

        
           

        

      

       

      
        
 

      INDEMNIFICATION
AGREEMENT

      

      
        
 

      

      AGREEMENT, effective as of
July 14, 2008, between The Mint Leasing, Inc., a Nevada corporation (the
"Company"), and _Kelley Kirker ("Indemnitee").

      

      WHEREAS, Indemnitee is a
director (or officer) of the Company;

      

      WHEREAS, both the Company and
Indemnitee recognize the increased risk of litigation and other claims being
asserted against directors and officers of public companies at a time when it
has become increasingly difficult to obtain adequate insurance coverage at
reasonable costs;

      

      WHEREAS, in recognition of
Indemnitees need for substantial protection against personal liability in order
to enhance Indemnitees continued service to the Company in an effective manner,
the Company wishes to provide in this Agreement for the identification of and
the advancing of expenses to Indemnitee to the full extent (whether partial or
complete) permitted by law and as set forth in this Agreement, and, to the
extent insurance is maintained, for the continued coverage of Indemnitee under
the Company's directors' and officers' liability insurance policies, regardless
of any future change in the Certificate of Incorporation, By-Laws, composition
of the Board of Directors, or structure of the Company.;

      

      NOW, THEREFORE, in
consideration of the premises and of Indemnitee's service to the Company,
directly or indirectly, and intending to be legally bound hereby, the parties
hereto agree as follows:

      

      
        	
                1.

              	
                In
      the event Indemnitee was, is, or becomes a party to or a witness or other
      participant in, or is threatened to be made a party to or a witness or
      other participant in, any threatened, pending or completed action, suit or
      proceeding, or any inquiry or investigation, whether conducted by the
      Company or any other party, that Indemnitee in good faith believes might
      lead to any such action, suit or proceeding, whether civil, criminal,
      administrative, investigative or otherwise (a "Claim") by reason of (or
      arising in part out of) the fact that Indemnitee is or was a director,
      officer, employee, agent or fiduciary of the Company, or is or was serving
      at the request of the Company as a director, officer, employee, trustee,
      agent or fiduciary of another corporation, partnership, joint venture,
      trust, employee benefit plan or other enterprise, or by reason of anything
      done or not done by Indemnitee in any such capacity (an "Indemnifiable
      Event"), the Company shall indemnify Indemnitee to the full extent
      permitted by law (the determination of which shall be made by the
      Reviewing Party referred to below) as soon as practicable but in any event
      no later than thirty days after written demand is presented to the
      Company, against any and all expenses (including attorneys' fees and all
      other costs, expenses, and obligations paid or incurred in connection with
      investigating, preparing for and defending or participating in the defense
      of (including on appeal) any Claim relating to any Indemnifiable
      Event)  (collectively "Expenses"), judgments, fines, penalties
      and amounts paid in settlement (including all interest, assessments and
      other charges paid or payable in connection with or in respect of such
      judgments, fines, penalties or amounts paid in settlement) of such Claim
      and, if so requested by Indemnitee, the Company shall advance (within two
      business days of such request) any and all such Expenses to
      Indemnitee;  provided, however, that (i) the foregoing
      obligation of the Company shall not apply to a Claim that was commenced by
      the Indemnitee without the prior approval of the Board of Directors of the
      Company unless the Claim was commenced after a Change in Control (as
      defined in Section 5 herein);  (ii) the foregoing obligation of
      the Company shall be subject to the condition that an appropriate person
      or body (the "Reviewing Party") shall not have determined (in a written
      opinion in any case in which the special, independent counsel referred to
      in Section 4 hereof is involved) that Indemnitee would not be permitted to
      be indemnified for such Expenses under applicable law;  and
      (iii) if, when and to the extent that the Reviewing Party determines that
      Indemnitee would not be permitted to be indemnified for such Expenses
      under applicable law, the Company shall be entitled to be reimbursed by
      Indemnitee (who hereby agrees to reimburse the Company) for all such
      amounts theretofore paid (unless Indemnitee has commenced legal
      proceedings in a court of competent jurisdiction to secure a determination
      that Indemnitee should be indemnified under applicable law, in which event
      Indemnitee shall not be required to so reimburse the Company until a final
      judicial determination requiring such reimbursement is made with respect
      thereto as to which all rights of appeal therefrom have been exhausted or
      lapsed) and the Company shall not be obligated to indemnify or advance any
      additional amounts to Indemnitee under this Agreement (unless there has
      been a determination by a court of competent jurisdiction that the
      Indemnitee would be permitted to be so indemnified or entitled to such
      expense advances under applicable
law).

              

      

      
        
           

        

        
          13

          
            

          

        

        
           

        

      

      
        	
                2.

              	
                If
      there has not been a Change in Control of the Company (as hereinafter
      defined), the Reviewing Party shall be (1) quorum of the Board of
      Directors consisting of directors who are not parties to the action, suit
      or proceeding acting by majority vote, or, (2) if such a quorum is not
      obtainable, or, even if obtainable, a quorum of disinterested directors so
      directs, independent legal counsel by the use of a written opinion or (3)
      the stockholders.  If there has been a Change in Control of the
      Company, the Reviewing Party shall be the special, independent counsel
      referred to in Section 4 hereof.

              

      

      

      
        	
                3.

              	
                If
      Indemnitee has not been indemnified by the expiration of the foregoing
      thirty-day period or received expense advances or if the Reviewing Party
      determines that Indemnitee would not be permitted to be indemnified or be
      entitled to receive expense advances within two days of the request
      therefor in whole or in part under applicable law, Indemnitee shall have
      the right to commence litigation seeking from the court a finding that
      Indemnitee is entitled to indemnification and expense advances or
      enforcement of Indemnitee's entitlement to indemnification and expense
      advances or challenging any determination by the Reviewing Party or any
      aspect thereof that Indemnitee is not entitled to be indemnified or
      receive expense advances and the burden of proving that indemnification or
      advancement of expenses is not appropriate shall be on the Company; any
      determination by the Reviewing Party in favor of Indemnitee shall be
      conclusive and binding on the Company, unless facts supplied by Indemnitee
      which form the basis for the determination are subsequently determined to
      have been materially incorrect at the time supplied.  Indemnitee
      agrees to bring any such litigation in any court in the States of Texas
      having subject matter jurisdiction thereof and in which venue is proper,
      and the Company hereby consents to service of process and to appear in any
      such proceeding.

              

      

      

      
        	
                4.

              	
                The
      Company agrees that if there is a Change in Control of the Company (as
      hereinafter defined), then with respect to all matters thereafter arising
      concerning the rights of Indemnitee to indemnity payments and expense
      advances under this Agreement or any other agreement or By-laws now or
      hereafter in effect relating to Claims for Indemnifiable Events, the
      Company shall seek legal advice only from special, independent counsel
      selected by Indemnitee who a majority of the disinterested Directors
      approves (which approval shall not be unreasonably withheld), and who has
      not otherwise performed services for the Company or
      Indemnitee.  Such counsel, among other things, shall determine
      whether and to what extent Indemnitee is permitted to be indemnified or is
      entitled to expense advances under applicable law and shall render its
      written opinion to the Company and Indemnitee to such
      effect.  The Company agrees to pay the reasonable fees of the
      special, independent counsel referred to above and to fully indemnify such
      counsel against any and all expenses (including attorney's fees), claims,
      liabilities and damages arising out of or relating to this Agreement or
      its engagement pursuant hereto except for willful misconduct or gross
      negligence.

              

      

      

      
        	
                5.

              	
                For
      purposes of this Agreement, (a) "Change in Control of the Company" shall
      be deemed to have occurred if (i) any "person" (as such term is used in
      Sections 13(d)(3) and 14(d) of the Securities Exchange Act of 1934, as
      amended), other than a trustee or other fiduciary holding securities under
      an employee benefit plan of the Company, is or becomes the beneficial
      owner (as defined in Rule 13d-3 under said Act), directly or indirectly,
      of securities of the Company representing 20% or more of the combined
      voting power of the Company's then outstanding securities, or (ii) during
      any period of two consecutive years, individuals who at the beginning of
      such period constitute the Board of Directors of the Company and any new
      director whose election by the Board of Directors or nomination for
      election by the Company's stockholders was approved by a vote of at least
      two-thirds (2/3) of the directors then still in office who either were
      directors at the beginning of the period or whose election or nomination
      for election was previously so approved, cease for any reason to
      constitute a majority thereof, or (iii) the stockholders of the Company
      approve a merger or consolidation of the Company with any other
      corporation, other than a merger or consolidation which would result in
      the voting securities of the Company outstanding
      immediately  prior thereto continuing to represent (either by
      remaining outstanding or by being converted into voting securities of the
      surviving entity) at least 80% of the combined voting power of the voting
      securities of the Company of such surviving entity outstanding immediately
      after such merger or consolidation, or if the stockholders of the Company
      approve a plan of complete liquidation of the Company or an agreement for
      the sale or disposition by the Company of all or substantially all the
      Company's assets.

              

      

      
        
           

        

        
          14

          
            

          

        

        
           

        

      

      
        	
                6.

              	
                To
      the extent Indemnitee is successful in such proceeding, the Company shall
      indemnify Indemnitee against any and all expenses (including attorney's
      fees) which are incurred by the Indemnitee in connection with any claim
      asserted or action brought by Indemnitee for (i) indemnification or
      advance payment of Expenses by the Company under this Agreement or any
      other agreement or Company By-laws now or hereafter in effect relating to
      Claims for Indemnifiable Events and/or (ii) recovery under any directors'
      and officers' liability insurance policies maintained by the Company,
      regardless of whether Indemnitee ultimately is determined to be entitled
      to such indemnification, advance payment of Expenses or insurance
      recovery, as the case may be.

              

      

      

      
        	
                7.

              	
                If
      Indemnitee is entitled under any provision of this Agreement to
      indemnification by the Company for some or a portion of the Expenses,
      judgments, fines, penalties and amounts paid in settlement of any Claim
      but not, however, for all of the total amount thereof, the Company shall
      nevertheless indemnify Indemnitee for the portion thereof to which
      Indemnitee is entitled.  Notwithstanding any other provision of
      this Agreement, to the extent that Indemnitee has been successful on the
      merits or otherwise in the defense of any Claim relating in whole or in
      part to any Indemnifiable Event or in defense of any issue or matter
      therein, including dismissal without prejudice, Indemnitee shall be
      indemnified against all Expenses incurred in connection
      therewith.

              

      

      

      
        	
                8.

              	
                For
      purposes of this Agreement, the termination of any Claim by judgment,
      order, settlement (whether with or without court approval) or conviction,
      or upon a plea of nolo contendere, or its equivalent, shall not create a
      presumption that Indemnitee did not meet any particular standard of
      conduct or have any particular belief or that a court has determined that
      Indemnitee is not entitled to indemnification or expense advance or that
      indemnification or expense advance is not permitted by applicable
      law.

              

      

      

      
        	
                9.

              	
                The
      Company hereby agrees that, so long as Indemnitee shall continue to serve
      in a capacity referred to in Section 1 hereof, and thereafter so long as
      Indemnitee shall be subject to any possible claim or threatened, pending
      or completed action, suit or proceeding, whether civil, criminal,
      administrative or investigative, by reason of the fact that Indemnitee
      served in any capacity referred to in Section 1 hereof, the Company shall
      maintain in effect for the benefit of Indemnitee any Directors' and
      Officers' Liability Insurance presently in force and effect, providing, in
      all respects, coverage at least comparable to that presently provided;
      provided, however, if, in the business judgment of the then Board, either
      (a) the premium cost for such insurance is substantially disproportionate
      to the amount of coverage, or (b) the coverage provided by such insurance
      is so limited by exclusions that there is insufficient benefit from such
      insurance, then and in that event the Company shall not be required to
      maintain such insurance but shall and hereby agrees to the full extent
      permitted by law to hold harmless and indemnify Indemnitee to the fullest
      extent of the coverage which would otherwise have been provided for the
      benefit of Indemnitee.

              

      

      
        
           

        

        
          15

          
            

          

        

        
           

        

      

      
        	
                10.

              	
                (a)

              	
                In
      the event of any changes after the date of this Agreement in any
      applicable law, statute, or rule which expands the right of the Company to
      indemnify a person serving in a capacity referred to in Section 1 hereof,
      such change shall be within the purview of Indemnitee's rights, and the
      Company's obligations, under this Agreement.  In the event of
      any changes in any applicable law, statute, or rule which narrow the right
      of the Company to indemnify a person serving in a capacity referred to in
      Section 1 hereof, such changes, to the extent not otherwise required by
      such law, statute or rule to be applied to this Agreement, shall have no
      effect on this Agreement or the parties' rights and obligations
      hereunder.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                The
      indemnification provided by this Agreement shall not be deemed exclusive
      of any rights to which Indemnitee may be entitled under the Company's
      Certificate of Incorporation, its By-laws, any agreement, any vote of
      stockholders or disinterested directors, laws and regulations in effect
      now or in the future, or otherwise, both as to action in Indemnitee's
      official capacity and as to action in another capacity while holding such
      office.

              

      

      

      
        	
                11.

              	
                If
      the indemnification provided in Section 1 is unavailable and may not be
      paid to Indemnitee because such indemnification is not permitted by law,
      then in respect of any threatened, pending or completed action, suit or
      proceeding in which the Company is jointly liable with Indemnitee (or
      would be if joined in such action, suit or proceeding), the Company shall
      contribute to the full extent permitted by law, to the amount of expenses,
      judgments, fines (including excise taxes and penalties) and amounts paid
      in settlement actually and reasonably incurred and paid or payable by
      Indemnitee in such proportion as is appropriate to reflect (i) the
      relative benefits received by the Company on the one hand and Indemnitee
      on the other hand from the transaction from which such action, suit or
      proceeding arose, and (ii) the relative fault of the Company on the one
      hand and of Indemnitee on the other in connection with the events which
      resulted in such expenses, judgments, fines or settlement amounts, as well
      as any other relevant equitable considerations.  The relative
      fault of the Company on the one hand and of Indemnitee on the other shall
      be determined by reference to among other things, the parties' relative
      intent, knowledge, access to information and opportunity to correct or
      prevent the circumstances resulting in such expenses, judgments, fines or
      settlement amounts.  The Company agrees that it would not be
      just and equitable if contribution pursuant to this paragraph were
      determined by pro rata allocation or any other method of allocation which
      does not take account of the foregoing equitable
      considerations.

              

      

      

      
        	
                12.

              	
                All
      obligations of the Company contained herein shall continue during the
      period Indemnitee serves in a capacity referred to in Section 1 hereof of
      the Company and shall continue thereafter so long as Indemnitee shall be
      subject to any possible Claim relating to an Indemnifiable
      Event.

              

      

      

      
        	
                13.

              	
                (a)

              	
                Promptly
      after receipt by Indemnitee of notice of the commencement of any Claim
      relating to an Indemnifiable Event or proceeding in which Indemnitee is
      made or is threatened to be made a party or a witness, Indemnitee shall
      notify the Company of the commencement of such Claim; but the omission so
      to notify the Company shall not relieve the Company from any obligation it
      may have to indemnify or advance expenses to Indemnitee otherwise than
      under this Agreement.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                Indemnitee
      shall not settle any claim or action in any manner which would impose on
      the Company any penalty, constraint, or obligation to hold harmless or
      indemnify Indemnitee pursuant to this Agreement without the Company's
      prior written consent, which consent shall not be unreasonably
      withheld.

              

      

      

      
        	
                14.

              	
                If
      any Claim relating to an Indemnifiable Event, commenced against Indemnitee
      is also commenced against the Company, the Company shall be entitled to
      participate therein at its own expense, and, except as otherwise provided
      hereinbelow, to the extent that it may wish, the Company shall be entitled
      to assume the defense thereof.  After notice from the Company to
      Indemnitee of its election to assume the defense of any Claim, the Company
      shall not be obligated to Indemnitee under this Agreement for any legal or
      other expenses subsequently incurred by Indemnitee in connection with the
      defense thereof other than reasonable costs of investigation, travel, and
      lodging expenses arising out of Indemnitee's participation in such
      Claim.  Indemnitee shall have the right to employ Indemnitee's
      own counsel in such Claim, but the fees and expenses of such counsel
      incurred after notice from the Company to Indemnitee of its assumption of
      the defense thereof shall be at the expense of Indemnitee unless (i)
      otherwise authorized by the Company, (ii) Indemnitee shall have reasonably
      concluded, and so notified the Company, that there may be a conflict of
      interest between the Company and Indemnitee in the conduct of the defense
      of such Claim, or (iii) the Company shall not in fact have employed
      counsel to assume the defense of such Claim, in which cases the fees and
      expenses of Indemnitee's counsel shall be at the expense of the
      Company.  The Company shall not be entitled to assume the
      defense of any Claim brought by or on behalf of the Company or its
      stockholders or as to which Indemnitee shall have made the conclusion set
      forth in (ii) of this Section
14.

              

      

      
        
           

        

        
          16

          
            

          

        

        
           

        

      

      
        	
                15.

              	
                No
      supplement, modification or amendment of this Agreement shall be binding
      unless executed in writing by both of the parties hereto.  No
      waiver of any of the provisions of this Agreement shall be deemed or shall
      constitute a waiver of any other provisions hereof (whether or not
      similar) nor shall such waiver constitute a continuing
    waiver.

              

      

      

      
        	
                16.

              	
                In
      the event of payment under this Agreement, the Company shall be subrogated
      to the extent of such payment to all of the rights of recovery of
      Indemnitee, who shall execute all papers required and shall do everything
      that may be necessary to secure such rights, including the execution of
      such documents necessary to enable the Company effectively to bring suit
      to enforce such rights.

              

      

      

      
        	
                17.

              	
                The
      Company shall not be liable under this Agreement to make any payment in
      connection with any claim made against Indemnitee to the extent Indemnitee
      has otherwise actually received payment (under any insurance policy,
      By-law or otherwise) of the amounts otherwise indemnifiable
      hereunder.

              

      

      

      
        	
                18.

              	
                This
      Agreement shall be binding upon and inure to the benefit of and be
      enforceable by the parties hereto and their respective successors,
      assigns, including any direct or indirect successor by purchase, merger,
      consolidation or otherwise to all or substantially all of the business
      and/or assets of the Company, spouses, heirs, executors, and personal and
      legal representatives.  This Agreement shall continue in effect
      regardless of whether Indemnitee continues to serve as an officer or
      director of the Company or of any other enterprise at the Company's
      request.

              

      

      

      
        	
                19.

              	
                The
      provisions of this Agreement shall be severable in the event that any of
      the provisions hereof (including any provision within a single section,
      paragraph or sentence) are held by a court of competent jurisdiction to be
      invalid, void or otherwise unenforceable, and the remaining provisions
      shall remain enforceable to the full extent permitted by
    law.

              

      

      

      
        	
                20.

              	
                This
      Agreement shall be governed by and construed in accordance with the laws
      of the State of Texas applicable to contracts made and to be performed in
      such state, but excluding any conflicts-of-law rule or principle which
      might refer such governance, construction or enforcement to the laws of
      another state or country.

              

      

      
        
           

        

        
          17

          
            

          

        

        
           

        

      

      IN WITNESS WHEREOF, the
parties hereto have executed this Agreement on and as of the day and year first
above written.

      

      THE MINT
LEASING, INC.

      

      

      
        	
                By:

              	
                /s/ Jerry Parish

              	 
	 
      	
                Jerry
      Parish

              	 
	 
      	 
      	 
	 
      	 
      	 
	
                INDEMNITEE

              	 
	 
      	 
      	 
	 
      	 
      	 
	 
      	
                /s/ Kelley Kirker

              	 
	 
      	
                Kelley
      Kirker

              	 

      

    

     

     

    18

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