Document:

Exhibit 10.1

Exhibit 10.1

IBM Credit LLC

Term Lease Master Agreement

	 	 	 	 	 
	Name and Address of Lessee:

	 	STREAMLINE HEALTH INC
	 	Agreement No.: 4209635
	 

	 	10200 ALLIANCE RD	 	 
	 

	 	STE 200	 	 
	 

	 	CINCINNATI, OH 45242-4716	 	 
	 
	 	 	 	 
	IBM Office Address:

	 	IBM CREDIT LLC
	 	Customer No.: 8594995
	 

	 	4111 NORTHSIDE PKWY	 	 
	 

	 	ATLANTA, GA 30327-3015	 	 
	 

	 	ATTN: JULIANA GUSMAO (EXT. 4144)	 	 

The Lessor under this Term Lease Master Agreement (“Agreement”) is a) IBM Credit LLC; b) a
partnership in which IBM Credit LLC is a partner; or c) a business enterprise for which IBM Credit
LLC is acting as agent (“Lessor”). The “Lessee” is the business entity indicated on the signature
line below. Any Parent, Subsidiary or Affiliate of Lessee may enter into a Lease and/or Financing
Transaction (each as defined below) under this Agreement by signing a Term Lease Supplement
(“Supplement”) referencing this Agreement and so will be bound to the terms and conditions of this
Agreement as Lessee. For the purposes of this Agreement, “Parent” shall mean a business entity
that owns or controls a majority interest of Lessee; “Subsidiary” shall mean a business entity a
majority interest of which is owned or controlled by Lessee; and “Affiliate” shall mean a business
entity under common majority control with Lessee. A Lease or Financing Transaction under this
Agreement shall be effective when a Supplement listing equipment to be leased (“Equipment”) and
software program licenses, maintenance, services, and other one-time charges to be financed
(“Financed Items”) is signed by both parties. Equipment includes any internal programming that is
integral to the Equipment’s functioning (“Licensed Internal Code”). Lessee may acquire Equipment
and Financed Items from International Business Machines Corporation (“IBM”), Lessor, or any other
manufacturer, vendor or provider (“Lessee’s Supplier”). The terms of (a) the Supplement; (b) any
applicable attachments; and (c) this Agreement; each as may be amended by addenda, shall
constitute the lease for the Equipment (“Lease”) and financing transaction for the Financed Items
(“Financing Transaction”) listed in the applicable Supplement. Some Leases or Financing
Transactions may have additional terms that will be specified in attachments or addenda. Terms in
a Supplement and related attachments or addenda will apply only to the Lease and/or Financing
Transaction represented by that Supplement. The headings of the Paragraphs are inserted for
convenience only.

1. OPTIONS. Each Supplement shall constitute a single Lease and/or Financing
Transaction but for each line item listed there will be a Lease or Financing Transaction option
indicated. The various options are described in the “Option Codes” table on the Supplement.

2. CREDIT REVIEW. For each Lease or Financing Transaction, Lessee consents to a reasonable
credit review by Lessor.

3. AGREEMENT TERM. This Agreement shall be effective when signed by both parties and may be
terminated by either party upon one (1) month prior written notice. Each Lease or Financing
Transaction then in effect, however, shall remain subject to the terms and conditions of this
Agreement until its expiration or termination.

4. LESSOR CHANGES. Lessor may, with at least three (3) months prior written notice to Lessee,
change the terms of this Agreement. Such changes will apply only to Leases and Financing
Transactions that begin after the effective date specified in the notice, and only if Lessee does
not notify Lessor that it does not agree to the changes.

5. SURVIVAL OF OBLIGATIONS. Lessor’s and Lessee’s obligations under this Agreement, which by
their nature would continue beyond the expiration or termination of a Lease or Financing
Transaction, will survive the expiration or termination of a Lease or Financing Transaction.

6. SELECTION AND USE OF EQUIPMENT, PROGRAMMING AND LICENSED PROGRAM MATERIALS. Lessee agrees
that it did not rely on the Lessor, nor is the Lessor responsible, for the selection, use of, and
results obtained from the Equipment or Financed Items. Nothing in this
Agreement is intended to limit any rights Lessee may have with respect to Lessee’s Supplier or the
Equipment manufacturer.

7. ASSIGNMENT TO LESSOR. Lessee assigns to Lessor, effective upon Lessor signing the
Supplement, its right to purchase from and its obligation to pay its Supplier. All other rights
and obligations as defined in the agreement between Lessee and Lessee’s Supplier governing the
purchase of the Equipment (“Purchase Agreement”) shall remain with Lessee. Lessee represents that
it has reviewed and approved the Purchase Agreement. Lessor will not modify or rescind the
Purchase Agreement.

8. LEASE NOT CANCELLABLE; LESSEE’S OBLIGATIONS ABSOLUTE. Once the Term of any Lease or
Financing Transaction has begun, as described in Paragraphs 13 and 14, Lessee’s commitments
hereunder become irrevocable and independent of acceptance of the Equipment. Lessee’s obligation
to pay all Rent and other amounts required to be paid by Lessee under this Agreement is absolute
and unconditional and shall not be affected by any right of set-off or defense of any kind
whatsoever, including any failure of the Equipment or a Financed Item to perform, or any
representations by Lessee’s Supplier. Lessee shall make any claim solely against Lessee’s
Supplier, the Equipment manufacturer or other third party if the Equipment or a Financed Item is
unsatisfactory for any reason.

THIS AGREEMENT, AND ANY APPLICABLE SUPPLEMENT, ATTACHMENTS OR ADDENDA ARE THE COMPLETE
AND EXCLUSIVE STATEMENT OF THE AGREEMENT REGARDING EACH LEASE OR FINANCING TRANSACTION. THESE
DOCUMENTS SUPERSEDE ANY PRIOR ORAL OR WRITTEN COMMUNICATIONS BETWEEN THE PARTIES. IF THERE IS A
CONFLICT OF TERMS AMONG THE DOCUMENTS, THE ORDER OF PRECEDENCE WILL BE AS FOLLOWS: (a) ATTACHMENTS
OR ADDENDA TO A SUPPLEMENT, (b) SUPPLEMENT, (c) ATTACHMENTS OR ADDENDA TO THIS AGREEMENT, (d) THIS
AGREEMENT. DELIVERY OF AN EXECUTED COPY OF ANY OF THESE DOCUMENTS BY FACSIMILE OR ANY OTHER
RELIABLE MEANS SHALL BE DEEMED TO BE AS EFFECTIVE FOR ALL PURPOSES AS DELIVERY OF A MANUALLY
EXECUTED COPY. LESSEE ACKNOWLEDGES THAT LESSOR MAY MAINTAIN A COPY OF THESE DOCUMENTS IN ELECTRONIC
FORM AND AGREES THAT A COPY REPRODUCED FROM SUCH ELECTRONIC FORM OR ANY OTHER RELIABLE MEANS (FOR
EXAMPLE, PHOTOCOPY, IMAGE OR FACSIMILE) SHALL IN ALL RESPECTS BE CONSIDERED EQUIVALENT TO AN
ORIGINAL. IF INDICATED HERE, THE FOLLOWING ATTACHMENTS SHALL APPLY TO AND BE INCORPORATED BY
REFERENCE IN THIS AGREEMENT:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Lessee may not modify or change the terms of this Agreement without
the Lessor’s prior written consent.	 	 
	 	 	 	 	 	 	 
	 
	Accepted by:	 	 	 	 	 	 	 	 	 	 
	IBM Credit LLC	 	 	 	Lessee: STREAMLINE HEALTH INC	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:	 	 	 	 	 	 	 	By:	 	/s/ Donald E. Vick, Jr. Interim CFO	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	Authorized Signature	 	 	 	 	 	Authorized Signature	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Donald E. Vick, Jr. Interim CFO	 	 1/19/10	 	 
	 	 	 	 	 	 	 
	Name (Type or Print)	 	Date	 	 	 	Name (Type or Print)	 	Date	 	 

 

 

 

9. WARRANTIES. Lessor passes through to Lessee, to the extent permitted, all applicable
warranties made available by Lessee’s Supplier and/or by the Equipment manufacturer in the Purchase Agreement. Lessor represents and
warrants that neither Lessor, nor anyone acting or claiming through Lessor, by assignment or
otherwise, will interfere with Lessee’s quiet enjoyment of the Equipment so long as no event of
default by Lessee or anyone acting or claiming through Lessee shall have occurred and be
continuing. During the Term of the Lease, Lessor assigns to Lessee all the rights that Lessor may
have to be defended by Lessee’s Supplier and/or by the Equipment manufacturer under any patent and
copyright provisions in the Purchase Agreement. EXCEPT AS EXPRESSLY PROVIDED ABOVE, LESSOR MAKES NO
WARRANTY, EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER, INCLUDING, BUT NOT LIMITED TO, THE
IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. AS TO LESSOR, LESSEE
LEASES THE EQUIPMENT AND TAKES ANY FINANCED ITEM “AS IS”. IN NO EVENT SHALL LESSOR HAVE ANY
LIABILITY FOR, NOR SHALL LESSEE HAVE ANY REMEDY AGAINST LESSOR FOR, CONSEQUENTIAL DAMAGES, ANY LOSS
OF PROFITS OR SAVINGS, LOSS OF USE, OR ANY OTHER COMMERCIAL LOSS. This shall in no way affect
Lessee’s rights and remedies against Lessee’s Supplier and/or the Equipment manufacturer.

10. LESSEE AUTHORIZATION. Lessee is authorized to act on Lessor’s behalf concerning delivery
and installation of the Equipment and any warranty service for the Equipment, including any
programming services. Lessor represents and warrants that it has the right to grant the
authorization and rights to Lessee referred to in this Paragraph.

11. DELIVERY AND INSTALLATION. Lessee is responsible for the delivery, installation and
acceptance of the Equipment and any Financed Item and shall pay any delivery and installation
charges not paid by Lessee’s Supplier. Lessor shall not be liable for any delay in, or failure of,
delivery of the Equipment or Financed Items unless provided by Lessor.

12. USED EQUIPMENT LEASES. For used Equipment supplied by Lessor, the following provisions
apply: The Equipment is subject to prior disposition at any time prior to Lessor’s acceptance of a
signed Supplement. The Equipment is provided “as is”, without any warranty whatsoever by Lessor,
in accordance with Paragraph 9. However, provided that the Equipment is unmodified since the date
of delivery; has been manufactured and assembled by or for IBM; and has been installed and
maintained by IBM, Lessor guarantees Lessee’s satisfaction with the quality of the Equipment for
three (3) months following the “Release Date” indicated on the face of the Supplement. If Lessee
is dissatisfied with the Equipment for any reason, Lessee may notify Lessor within three (3)
months of the Release Date and, at Lessor’s option, the Equipment will either be (a) replaced with
equivalent Equipment or (b) returned to Lessor and the Lease terminated and any Rent payments made
to Lessor refunded to Lessee. If Lessee cancels its commitment to Lease the Equipment after Lessor
signs the applicable Supplement but before the Equipment is delivered and accepted by Lessee, then
Lessee shall be liable to Lessor for three (3) months Rent as liquidated damages. Lessor shall
bear the risk of loss or damage to the Equipment during transit from the pick-up location to
Lessee’s location, provided the Equipment is transported by a carrier designated by Lessor.

13. RENT COMMENCEMENT DATE. Unless otherwise stated on the applicable Supplement, the Rent
Commencement Date shall be (a) for Equipment supplied by IBM, the day following the date of
installation of the Equipment as provided for in the Purchase Agreement; (b) for Equipment
supplied by Lessor, the earlier of the date of installation or fourteen (14) days after the
Release Date as specified in the Supplement; (c) for Equipment supplied by Lessee’s Supplier, the
date Lessee designates on a certificate of acceptance; or, (d) for Financed Items, the date Lessor
makes funds available to Lessee or Lessee’s Supplier.

14. LEASE TERM. The Lease or Financing Transaction shall be effective when the Supplement is
signed by both parties. The initial Term of the Lease or Financing Transaction shall begin on the
Rent Commencement Date and shall expire at the end of the number of months specified as “Term” in
the Supplement. Except for Equipment supplied by Lessor, if Lessee cancels its order with Lessee’s
Supplier prior to installation or discontinues any Financed Item prior to the date Lessor makes
funds available, the Lease or Financing Transaction with respect to that item shall terminate
without penalty.

15. RATE PROTECTION. The Rates stated on the Supplement are not subject to change provided
the Supplement is signed and returned to Lessor by the date indicated on the Supplement and the
Equipment is installed by the end of the month of the Estimated Commencement Date stated on the
Supplement.

16. RENT. During the initial Term, Lessor shall invoice and Lessee shall pay Rent for each
Payment Period as specified in the Supplement. Lessee’s obligation to pay shall begin on the Rent
Commencement Date. When the Rent Commencement Date is not on the first day of a calendar month
and/or when the initial Term does not expire on the last day of a calendar month, the applicable
Rent for the first and last payment will be prorated on the basis of 30-day months.

17. RENEWAL. Lessee may, upon at least one (1) month prior written notice to Lessor, renew
the Lease with respect to any line item of
Equipment, provided Lessee is not then in default. Lessor shall offer a renewal Term of one (1)
year but may, if requested, offer different renewal Terms. For Equipment line items with a fair
market value end-of-Lease renewal option, the renewal Rent shall be the projected fair market
rental value of the Equipment as of the commencement of such renewal Term. For Equipment line
items with a prestated end-of-Lease renewal option, the renewal Rent shall be one-half of the
prestated Purchase Percent multiplied by the Unit Purchase Price stated in the Supplement and such
renewal Rent payments will be annual and payable in advance.

18. PURCHASE OF EQUIPMENT. Lessee may, upon at least one (1) month prior written notice to
Lessor, purchase any line item of Equipment upon expiration of the Lease provided Lessee is not
then in default. For Equipment line items with a fair market value end-of-Lease purchase option,
the purchase price shall be the projected fair market sales value of the Equipment as of such
expiration date. For Equipment line items with a prestated purchase option, the purchase price
shall be specified in the Supplement. If the Lessee purchases any Equipment, Lessee shall, on or
before the date of purchase, pay (a) the purchase price, (b) any applicable taxes, (c) all Rent
due through the day preceding the date of purchase, and (d) any other amounts due under the Lease.
Lessor shall, on the date of purchase, transfer to Lessee by bill of sale provided upon Lessee’s
request, without recourse or warranty of any kind, express or implied, all of Lessor’s right,
title and interest in and to such Equipment on an “AS IS, WHERE IS” basis, except that Lessor
shall warrant title free and clear of all liens and encumbrances created by or through Lessor.

19. OPTIONAL EXTENSION. If, at the expiration of the Term, Lessee has not elected to renew
the Lease, purchase or return the Equipment in accordance with Paragraph 25, and as long as Lessee
is not in default under the Lease, the Lease will be extended for each unreturned item of
Equipment unless (a) Lessee notifies Lessor in writing, not less than one (1) month prior to Lease
expiration, that Lessee does not want the extension, or (b) the Equipment is returned to and
received by Lessor within fourteen (14) days after the expiration of the Term. The extension will
be under the same terms and conditions then in effect, including current Rent (but for Equipment
tine items with a fair market value purchase option, not less than fair market rental value as
determined by Lessor at the expiration of the Term) and will continue on a day-to-day basis until
the earlier of termination by either party upon one (1) month prior written notice, or six (6)
years after expiration of the initial Term. For purposes of this Paragraph, current Rent shall be
calculated as the sum of the Lease payments over the initial Term divided by the initial Term of
the Lease.

20. INSPECTION; MARKING; FINANCING STATEMENT. Upon reasonable advance request, Lessee agrees
to allow Lessor to inspect the Equipment and its maintenance records during Lessee’s normal
business hours, subject to Lessee’s reasonable security procedures. Lessee will affix to the
Equipment any identifying labels supplied by Lessor indicating ownership. The filing of any
Uniform Commercial Code financing statements in connection with a Lease or Financing Transaction
shall be governed by the terms and conditions of the applicable Supplement and any Supplement
addendum.

21. EQUIPMENT USE. Lessee agrees that Equipment will be used for business purposes and not
primarily for personal, family or household purposes and that it will be used in accordance with
applicable laws and regulations.

22. MAINTENANCE. Lessee shall, at its expense, on its own or through third parties, keep the
Equipment in a suitable environment as specified by the Equipment manufacturer, and in good
condition and working order, ordinary wear and tear excepted.

23. ALTERATIONS; MODIFICATIONS; PARTS. For the purposes of this Agreement, a “Part” is any
component or element of the Equipment; a “Modification” is any upgrade, feature or other change to
the Equipment which is or has been offered for sale by the Equipment manufacturer and which
contains no Part which has been changed or altered since its original manufacture; an “Alteration”
is any change to the Equipment which is not a Modification. Lessee may modify or alter the
Equipment only upon prior written notice to Lessor. Lessee may obtain new or used Alterations or
Modifications from any supplier and may finance them with sources other than Lessor provided no
security interest is created that encumbers or conflicts with Lessor’s ownership of the Equipment.
Any Lessor-owned Parts that Lessee removes shall remain Lessor’s property and Lessee shall not make
such Parts available for sale, transfer, exchange or other disposition without Lessor’s prior
written consent.

Before returning the Equipment to Lessor, Lessee agrees to remove any Alteration and may
remove any Modification not owned by Lessor. If removed, Lessee agrees to, at its expense, restore
the Equipment to its original condition using the removed Parts, normal wear and tear excepted. If
Lessor had previously consented to the disposition of removed Parts, the restoration must be with
Parts Lessor owns or supplies, or those supplied by a source approved by Lessor. If not removed,
such Modifications shall become the property of Lessor, without charge, free of any liens or
encumbrances.

 

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Changes or additions made to items of Equipment in connection with maintenance or warranty
services, including engineering changes, utilizing manufacturer’s genuine parts, are exempt from
the terms of this Paragraph, and any Parts installed in connection with such services shall become
the property of Lessor.

24. LEASES FOR MODIFICATIONS. At Lessee’s request, and subject to satisfactory credit review,
Lessor will lease or finance new Modifications, used Modifications from Lessor’s inventory, and
Financed Items associated with the Modifications. Leases for Modifications will be at then current
terms and conditions and must be coterminous with the underlying Equipment Lease.

25. RETURN OF EQUIPMENT. Lessee will return the Equipment to Lessor upon expiration or
termination of the Lease. Upon return, the Equipment must be in good condition and working order,
normal wear and tear excepted and qualified for the manufacturer’s maintenance service, if
available. Lessee will return the Equipment to the nearest consolidation and refurbishment center
designated by Lessor for that type of Equipment located in the contiguous United States. Unless
otherwise agreed, Lessee is responsible for: a) deinstallation, packing and return of the
Equipment and any associated costs; and b) any cost to qualify the Equipment for the
manufacturer’s maintenance service, or, if not available, the cost to return the Equipment to good
working condition. The return of the Equipment shall constitute a full release by Lessee of any
leasehold rights or possessory interest in the Equipment.

26. CASUALTY INSURANCE; LOSS OR DAMAGE. Lessor will maintain, at its own expense, insurance
covering loss of or damage to the Equipment (excluding any Modifications or Alterations not subject
to a Lease under this Agreement) with a $5,000 deductible per occurrence. If any item of Equipment
shall be lost, stolen, destroyed or irreparably damaged for any cause whatsoever (“Casualty Loss”)
before the Rent Commencement Date, the Lease with respect to that item shall terminate. If any item
of Equipment suffers Casualty Loss, or shall be otherwise damaged, on or after the Rent
Commencement Date, Lessee shall promptly inform Lessor. To claim a Casualty Loss Lessee must file a
police or fire department report or other appropriate documentation substantiating the Casualty
Loss. If Lessor determines that the item can be economically repaired, Lessee shall place the item
in good condition and working order and Lessor will promptly reimburse Lessee the reasonable cost
of such repair, less the deductible. If not so repairable, Lessee shall pay Lessor the lesser of
$5,000 or the fair market sales value of the Equipment immediately prior to the Casualty Loss. Upon
Lessor’s receipt of payment the Lease with respect to that item shall terminate and Lessee’s
obligation to pay Rent for the Equipment will be deemed to have ceased as of the date of the
Casualty Loss. For purposes of this Paragraph, Lessor will consider the manufacturer’s charge for
such repair to be the reasonable cost of repair.

27. TAXES. Lessee shall promptly reimburse Lessor, as additional Rent, for all taxes,
charges, and fees levied by any governmental body or agency upon or in connection with this
Agreement, excluding, however, all taxes on or measured by the net income of Lessor.

28. LESSOR’S PAYMENT. If Lessee fails to pay taxes as required under this Agreement,
discharge any liens or encumbrances on the Equipment (other than those created by or through
Lessor), or otherwise fails to perform any other provision Lessee is required to perform under
this Agreement, Lessor shall have the right to act in Lessee’s stead so as to protect Lessor’s
interests, in which case, Lessee shall pay Lessor the cost thereof.

29. TAX INDEMNIFICATION. Solely for Leases entered into on the basis that Lessor is the owner
of the Equipment for tax purposes, Lessor and Lessee agree that Lessor shall be entitled to
certain federal and state tax benefits available to an owner of Equipment, including, under the
Internal Revenue Code of 1986, as amended (the “Code”), the maximum Modified Accelerated Cost
Recovery System deductions for 5-year property and deductions for interest expense incurred to
finance the purchase of the Equipment (“Tax Benefits”). Lessee represents and warrants that (a) at
no time will Lessee take or omit to take any action which would result in a loss, reduction,
disallowance, recapture or other unavailability (“Loss”) to Lessor (or the consolidated group with
which Lessor files tax returns) of the Tax Benefits, and (b) Lessee will take no position
inconsistent with the assumption that Lessor is the owner of the Equipment for federal income tax
purposes. Upon Lessor’s written notice to Lessee that a Loss of Tax Benefits has occurred, Lessee
shall reimburse Lessor an amount that shall make Lessor’s after-tax rate of return and cash flows
(“Financial Returns”) over the Term of the Lease equal to the expected Financial Returns that
would have been otherwise available. Lessee shall have no obligation to reimburse Lessor for a
Loss of Tax Benefits resulting from (i) a determination that a Lease does not constitute a true
lease for federal income tax purposes, provided such determination is not the result of an act of
Lessee, or (ii) a change in the tax law after the applicable Rent Commencement Date.

30. GENERAL INDEMNITY. Each Lease under this Agreement is a net lease. Lessee indemnifies
Lessor against any third party claims whatsoever which arise in connection with this Agreement or
Lessee’s possession and use of the Equipment or a Financed Item hereunder including all related reasonable costs and expenses, and legal fees incurred by Lessor. Lessee shall
not be liable for any claim resulting from the sole negligence or willful misconduct of Lessor.
Lessee agrees that upon written notice by Lessor of the assertion of any claim, Lessee shall
assume full responsibility for the defense of such claim. Lessor shall cooperate as may be
reasonably required in such defense.

31. LIABILITY INSURANCE. Lessee shall obtain and maintain commercial general liability
insurance, in the amount of at least $1,000,000 or more for each occurrence, with an insurer
having a “Best Policyholders” rating of B+ or better. The policy shall name Lessor as an
additional insured as Lessor’s interests may appear and shall contain a clause requiring the
insurer to give Lessor at least one (1) month prior written notice of the cancellation, or any
material alteration in the terms of the policy. Lessee shall furnish to Lessor, upon request,
evidence that such insurance coverage is in effect.

32. SUBLEASE AND RELOCATION OF EQUIPMENT; ASSIGNMENT BY LESSEE. Upon one (1) month prior
written notice to Lessor, Lessee may relocate the Equipment to another of its business locations
provided that Lessee remains the end user of the Equipment. Any other relocation requires Lessor’s
prior written consent. Upon Lessor’s prior written consent, which will not be unreasonably
withheld, Lessee may sublease the Equipment to another end user. No sublease or relocation shall
relieve Lessee of its obligations under the Lease and Lessee will be responsible for all costs and
expenses associated with any relocation or sublease of the Equipment, including additional taxes
or any Tax Loss incurred by Lessor. In no event shall Lessee remove or allow the Equipment to be
removed from the United States. Lessee shall not assign, transfer or otherwise dispose of any
Lease or Financing Transaction, any Equipment, or any interest therein, or create or suffer any
levy, lien or encumbrance thereof except those created by or through Lessor.

33. ASSIGNMENT BY LESSOR. Lessee acknowledges and understands that the terms and conditions
of the Leases and Financing Transactions have been fixed to enable Lessor to sell and assign its
interest or grant a security interest or interests in the Leases and Financing Transactions and
the Equipment, individually or together, in whole or in part, for the purpose of securing loans to
Lessor or otherwise. Lessee shall not assert against any such assignee any setoff, defense or
counterclaim that Lessee may have against Lessor or any other person. Lessor shall not be relieved
of its obligations hereunder as a result of any such assignment unless Lessee expressly consents
thereto, nor shall any rights or obligations of Lessee be changed except as described herein.

34. FINANCING. Any one-time charge (indicated on the Supplement as the “Amount Financed”) for
a Financed item will be paid by Lessor to Lessee’s Supplier or directly to Lessee. Any other
charges which may be owed or due to Lessee’s Supplier shall be paid directly to Lessee’s Supplier
by Lessee. Lessee’s obligation to pay Rent for the Financed Item shall not be affected by any
discontinuance, return or destruction of any Financed Item on or after the date Lessor makes funds
available. If Lessee discontinues any of the Financed Items in accordance with the terms of the
applicable agreement with Lessee’s Supplier prior to the date Lessor makes funds available, then
the Financing Transaction with respect to the affected one-time charge shall be cancelled.

35. FINANCING PREPAYMENT (Does Not Apply For Items of Equipment). Lessee may terminate a
Financing Transaction (but not a Lease with respect to an item of Equipment) by prepaying its
remaining Rent. Lessee shall provide Lessor with at least one (1) month prior written notice of the
intended prepayment date. Lessor may, depending on market conditions at the time, reduce the
remaining Rent to reflect such prepayment and shall advise the Lessee of the balance to be paid. If
prior to Lease expiration, Lessee purchases Equipment on Lease or if a Lease is terminated, Lessee
shall at the same time prepay any related line items of Financing Transactions.

36. DELINQUENT PAYMENTS. If any amount to be paid to Lessor is not paid on or before its due
date, Lessee shall pay Lessor two percent (2%) of the unpaid amount for each month or part thereof
from the due date until the date paid or, if less, the maximum allowed by law.

37. DEFAULT; NO WAIVER. Lessee shall be in default under this Agreement upon the occurrence
of any of the following events: (a) Lessee fails to pay any amount when due under this Agreement
and such failure shall continue for a period of seven (7) days after the due date; (b) Lessee
subleases, relocates, assigns or makes any transfer in violation of the terms of this Agreement;
(c) Lessee fails to perform any other obligations or violates any of its covenants or
representations under a Lease or Financing Transaction, or Lessee fails to perform any of its
obligations under any other agreement it may have with Lessor, and such failure or breach shall
continue for a period of fifteen (15) days after written notice is received by Lessee from Lessor;
(d) Lessee or any guarantor of Lessee’s obligations under this Agreement makes a misrepresentation
in any application for credit or other financial data required to be provided by Lessee in
connection with a Lease or Financing Transaction; (e) Lessee or a guarantor makes an assignment
for the benefit of creditors, or consents to the appointment of a trustee
or receiver, or if either shall be appointed for Lessee or a guarantor or for a substantial part of
its property without its consent; (f) any petition or proceeding is filed by or against Lessee or a
guarantor under any Federal or State bankruptcy or insolvency code or similar law, and if such
petition is involuntary, it is not dismissed within sixty (60) days after filing thereof; (g)
Lessee or a guarantor sells or disposes of all or substantially all of its assets (and Lessor does
not consent to the same) or ceases doing business; or (h) a guarantor or the provider of any other
credit enhancement under this Agreement breaches, terminates without Lessor’s consent or contests
any guaranty or other credit enhancement document of which Lessor is a beneficiary.

 

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Lessor shall be in default under this Agreement upon the occurrence of any of the following
events: (i) Lessor breaches Lessee’s right of quiet enjoyment (except in an instance where Lessee
is in default under the applicable Lease or Financing Transaction), and Lessor is unable to remedy
such breach within fifteen (15) days of Lessee’s written notice to Lessor thereof; (ii) Lessor
fails to perform any other provisions or violates any of its covenants or representations under a
Lease or Financing Transaction and such failure or breach shall continue for a period of fifteen
(15) days after written notice is received by Lessor from Lessee; (iii) Lessor makes an assignment
for the benefit of creditors, or consents to the appointment of a trustee or receiver, or if either
shall be appointed for Lessor or for a substantial part of its property without its consent; or
(iv) any petition or proceeding is filed by or against Lessor under any Federal or State bankruptcy
or insolvency code or similar law and, if such petition is involuntary, it is not dismissed within
sixty (60) days after filing thereof.

Any failure of either party to require strict performance by the other party or any waiver by
either party of any provision in a Lease, Financing Transaction or this Agreement shall not be
construed as a consent or waiver of any other breach of the same or of any other provision.

38. REMEDIES. If Lessee is in default under this Agreement, all amounts due and to become due
under each Lease and Financing Transaction shall be immediately due and payable, without further
notice from Lessor, and Lessor shall have the right, in its sole discretion, to exercise any one
or more of the following remedies in order to protect its interests, reasonably expected profits
and economic benefits under this Agreement. Lessor may (a) declare any Lease or Financing
Transaction entered into pursuant to this Agreement to be in default; (b) terminate in whole or in
part any Lease or Financing Transaction; (c) recover from Lessee any and all amounts then due and
to become due; (d) take possession of any or all items of Equipment, wherever located, without
demand or notice, without any court order or other process of law, in accordance with Lessee’s
reasonable security procedures; and (e) demand that Lessee return any or all such items of
Equipment to Lessor in accordance with Paragraph 25 and, for each day that Lessee shall fail to
return any item of Equipment, Lessor may demand an amount equal to the current Rent, prorated on
the basis of a 30-day month. Upon repossession or return of any item of Equipment, Lessor shall
sell, lease or otherwise dispose of such item in a commercially reasonable manner, with or without
notice and on public or private bid, and apply the net proceeds thereof towards the amounts due
under the Lease but only after deducting (i) in the case of sale, the estimated fair market sales
value of such item as of the scheduled expiration of the Lease; or (ii) in the case of any
replacement lease, the rent due for any period beyond the scheduled expiration of the Lease for
such item; and (iii) in either case, all reasonable and necessary expenses, including reasonable
legal fees, incurred in connection therewith. Any excess net proceeds are to be retained by
Lessor. Lessor may pursue any other remedy available at law or in equity. No right or remedy is
exclusive of any other provided herein or permitted by law or equity; all
such rights and remedies shall be cumulative and may be enforced concurrently or individually.

If Lessor is in default under this Agreement, Lessee’s exclusive and sole remedy shall be (x)
to terminate the applicable Lease or Financing Transaction and return the applicable items of
Equipment to Lessor; and (y) to recover damages arising out of such default from Lessor, and all
reasonable and necessary expenses, including reasonable legal fees, incurred in connection
therewith.

39. LESSOR’S EXPENSE. Lessee shall pay Lessor all reasonable costs and expenses, including
reasonable legal and collection fees, incurred by Lessor in enforcing the terms, conditions or
provisions of this Agreement.

40. OWNERSHIP; PERSONAL PROPERTY; LICENSED PROGRAM MATERIALS. The Equipment under Lease is
and shall be the property of Lessor. Lessee shall have no right, title or interest therein except
as set forth in the Lease. The Equipment is, and shall at all times be and remain, personal
property and shall not become a fixture or realty. Licensed programs that Lessee acquires and
finances with Lessor remain the property of their licensor. Ownership of licensed programs is
governed by the license agreement between the licensor and Lessee, and is not affected by this
Agreement.

41. NOTICES; ADMINISTRATION. Service of all notices under the Agreement shall be sufficient if
delivered personally or mailed to Lessee at its address specified in the Supplement or to IBM
Credit as Lessor in care of the IBM location specified in the Supplement or invoice. Notices by
mail will be effective on receipt or three (3) days after being deposited in the United States
mail, duly addressed and with postage prepaid, whichever is earlier. Notices of default will be
sent certified mail, or registered mail, or delivered in person and will be effective when received
by the party. Notices, consents and approvals from or by Lessor will be given by the party or on
its behalf by IBM and all payments will be made to IBM until Lessor notifies Lessee otherwise.

42. LESSEE REPRESENTATION. Lessee represents and warrants that, as of the date it enters into
any Lease or Financing Transaction under this Agreement: (a) Lessee is a legal entity, duly
organized, validly existing and in good standing under the laws of the jurisdiction of its
organization and in each jurisdiction where Equipment and Financed Items will be located, with
full power to enter into this Agreement and any transactions contemplated herein; (b) this
Agreement and any Lease or Financing Transaction hereunder have been duly authorized and executed
by Lessee and constitute valid, legal and binding agreements, enforceable in accordance with their
terms; (c) the execution and performance by Lessee of its obligations under this Agreement and any
Lease or Financing Transaction will not violate any judgment, order, law or governmental
regulation affecting Lessee or any provision of Lessee’s documents of organization, or result in a
breach or default of any instrument or agreement to which Lessee is a party or to which Lessee may
be bound.

43. GENERAL. Lessee agrees to take such further action and to execute such additional
documents, instruments and financing statements as Lessor shall reasonably request to complete any
Lease or Financing Transaction under this Agreement or to protect Lessor’s interest in the
Equipment or Financed Items.

This Agreement may be executed in any number of counterparts, each of which shall constitute
an original, but all of which together shall constitute but one and the same document.

44. APPLICABLE LAW; SEVERABILITY. This Agreement will be
governed by and construed in accordance with the laws of the State of New
York. If any provision of this Agreement is held to be invalid or
unenforceable, all other provisions shall remain in effect.

 

Page 4 of 4Exhibit 10.2

Exhibit 10.2

Page 1 of 4

TERM LEASE SUPPLEMENT

	 	 	 	 	 	 	 	 	 
	Date Prepared: 01/18/10

Customer No.: 8594995
Customer Address
10200 ALLIANCE RD
STE 200
CINCINNATI, OH 45242-4716
	 	

Installed at Location
10200 ALLIANCE RD
STE 200
CINCINNATI, OH 45242-4716
	 	Supplement Number: D00G27267
IBM CSO Location: JWQ
IBM CSO Location Address

IBM CREDIT LLC
4111 NORTHSIDE PKWY
ATLANTA, GA 30327-3015
ATTN: JULIANA GUSMAO (EXT. 4144)
Ph: 800-819-8206
Fax: 845-264-6268	 	

Term Lease Master Agreement No.: 
Associated Supplement Nos.:
Summary Supplement No:

Amendment Nos.:
Addendum Nos.:
Quote Letter No.:	 	

4209635

D0307333302

Customer Reference:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Location/	 	 	 	Leased or Financed Item:	 	Plant Order	 	 	 	 	 	(*)	 	 	 	 	 	 	 	 	 	 	 	Estimated
	Line	 	Lessor	 	Installed	 	Type Model/Feature	 	or	 	Serial	 	(*)	 	Purchase	 	(*)	 	 	 	 	 	 	 	Commencement
	No.	 	Customer No.	 	State	 	Description	 	MES No.	 	No.	 	Option	 	Option	 	Term	 	 	 	 	 	 	 	/Release Date
	001

	 	8594995/

6369987

	 	OH
	 	2858-A20

N6040 Model A20

	 	 	 	 	 	B$
	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Notwithstanding anything to the contrary in the Agreement, the parties agree that the payment of the Rent and/or any associated financing shall commence on the
Payment Commencement Date shown on the face of the Supplement. The Term shall expire at the end of the number of months specified as “Term” on the Supplement
for such transaction, following the Payment Commencement Date. All other obligations of the Lessee under the Agreement shall be effective on the Rent
Commencement Date.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Supplier Name 

AVNET INC	 	 	 	Supplier Customer No. 

8431809	 	(*) Security Deposit	 	 	 	(*) Interim

Rent

Applies

NO	 	 	 	Payment Period

QUARTERLY IN ADVANCE

Payment Commencement Date

**
	 	 	 	 	*** Total Amount 

Financed

(all pages) 

410,974.84	 	 	 	*** Total Rent

(all pages) 

Taxes may Apply 

57,618.00	 	 

	 	 	 
	(*)	 	See page 4 for explanations, definitions and additional terms.

	 
	(**)	 	First of the month following the date as indicated on the COA or the Date of Installation.

	 
	 	 	RATE VALIDITY DATE: 01/21/10.

	 
	***	 	Details Available Upon Request.

THE TERM LEASE MASTER AGREEMENT (THE “AGREEMENT”) REFERENCED ABOVE, IS HEREBY INCORPORATED BY
REFERENCE AND LESSEE HEREUNDER SHALL BE BOUND TO THE TERMS AND CONDITIONS OF THE AGREEMENT AS
LESSEE. THE AGREEMENT, THIS SUPPLEMENT AND ANY APPLICABLE ATTACHMENTS OR ADDENDA ARE THE COMPLETE
AND EXCLUSIVE STATEMENT OF THE PARTIES WITH RESPECT TO THE SUBJECT MATTER HEREIN. THESE DOCUMENTS
SUPERSEDE ANY PRIOR ORAL OR WRITTEN COMMUNICATIONS BETWEEN THE PARTIES. BY SIGNING BELOW, LESSEE REPRESENTS AND WARRANTS THAT LESSEE’S NAME AS SET FORTH IN THE SIGNATURE BLOCK BELOW IS LESSEE’S EXACT LEGAL NAME, AND THE INFORMATION
IDENTIFYING LESSEE’S STATE OF ORGANIZATION IS TRUE, ACCURATE AND COMPLETE IN ALL RESPECTS. BY
SIGNING BELOW, BOTH PARTIES AGREE TO THE TERMS REPRESENTED BY THIS SUPPLEMENT AS IT MAY BE AMENDED
OR MODIFIED. IF AGREED TO IN WRITING BY LESSEE, LESSEE AUTHORIZES LESSOR TO CHANGE THE AMOUNT
FINANCED AND/OR THE RENT. LESSEE FURTHER AUTHORIZES LESSOR TO INSERT MACHINE SERIAL NUMBERS ON THIS SUPPLEMENT AS THEY BECOME AVAILABLE, WITHOUT FURTHER AUTHORIZATION FROM LESSEE. DELIVERY
OF AN EXECUTED COPY OF ANY OF THE DOCUMENTS REFERENCED ABOVE BY FACSIMILE OR OTHER RELIABLE MEANS
SHALL BE DEEMED TO BE AS EFFECTIVE FOR ALL PURPOSES AS DELIVERY OF A MANUALLY EXECUTED COPY.
LESSEE ACKNOWLEDGES THAT LESSOR MAY MAINTAIN A COPY OF THESE DOCUMENTS IN ELECTRONIC FORM AND
AGREES THAT A COPY REPRODUCED FROM SUCH ELECTRONIC FORM OR BY ANY OTHER RELIABLE MEANS (FOR
EXAMPLE, PHOTOCOPY, IMAGE OR FACSIMILE) SHALL IN ALL RESPECTS BE CONSIDERED EQUIVALENT TO AN ORIGINAL. IF INDICATED HERE, THE FOLLOWING ATTACHMENTS SHALL APPLY TO AND BE INCORPORATED BY REFERENCE:

	 	 	 	 	 	 	 	 	 	 	 
	Accepted by:	 	 	 	 	 	 	 	 
	IBM Credit LLC	 	 	 	 	 	 	 	 
	 	 	 	 	STREAMLINE HEALTH, INC.	 	 	 	 
	 	 	 	 	Lessee
	 	 	 	 
	For or as Lessor:	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:
	 	 	 	By:	 	/s/ Donald E. Vick, Jr. Interim CFO
	 	 	 	 
	 
	 	Authorized Signature	 	 	 	Authorized Signature	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Donald E. Vick, Jr. Interim CFO 1/19/10	 		 	 
	 	 	 	 	 	 	 	 
	Name (Type or Print)     Date	 	Name (Type or Print)                    Date	 	 	 
	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	State of Organization: OH	 	 	 	 

 

 

Page 2 of 4

TERM LEASE SUPPLEMENT

CONTINUATION SHEET

	 	 	 	 	 	 	 	 	 
	Date Prepared: 01/18/10

Customer No.: 8594995
Customer Address
10200 ALLIANCE RD
STE 200
CINCINNATI, OH 45242-4716
	 	

Installed at Location
10200 ALLIANCE RD
STE 200
CINCINNATI, OH 45242-4716
	 	Supplement Number: D00G27267
IBM CSO Location: JWQ
IBM CSO Location Address

IBM CREDIT LLC
4111 NORTHSIDE PKWY
ATLANTA, GA 30327-3015
ATTN: JULIANA GUSMAO (EXT. 4144)
Ph: 800-819-8206
Fax: 845-264-6268	 	

Term Lease Master Agreement No.: 
Associated Supplement Nos.:
Summary Supplement No:

Amendment Nos.:
Addendum Nos.:
Quote Letter No.:	 	

4209635

D0307333302

Customer Reference:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	     	 	     	 	     	 	 
	 	 	Location/	 	 	 	Leased or Financed Item:	 	Plant Order	 	 	 	 	 	(*)	 	 	 	 	 	 	 	 	 	Estimated
	Line	 	Lessor	 	Installed	 	Type Model/Feature	 	or	 	Serial	 	(*)	 	Purchase	 	(*)	 	 	 	 	 	 	 	Commencement
	No.	 	Customer No.	 	State	 	Description	 	MES No.	 	No.	 	Option	 	Option	 	Term	 	 	 	 	 	 	 	/Release Date
	002
	 	8594995/
	 	OH	 	2858-A20
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	N6040 Model A20
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	003
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	004
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	005
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	006
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	007
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	008
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	009
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	010
	 	8594995/
	 	OH	 	2861-001
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	EXN1000 SATA expansion u
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment Period
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	QUARTERLY
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	IN ADVANCE

RATE VALIDITY DATE: 01/21/10.

 

 

 

Page 3 of 4

TERM LEASE SUPPLEMENT

CONTINUATION SHEET

	 	 	 	 	 	 	 	 	 
	Date Prepared: 01/18/10

Customer No.: 8594995
Customer Address
10200 ALLIANCE RD
STE 200
CINCINNATI, OH 45242-4716
	 	

Installed at Location
10200 ALLIANCE RD
STE 200
CINCINNATI, OH 45242-4716
	 	Supplement Number: D00G27267
IBM CSO Location: JWQ
IBM CSO Location Address

IBM CREDIT LLC
4111 NORTHSIDE PKWY
ATLANTA, GA 30327-3015
ATTN: JULIANA GUSMAO (EXT. 4144)
Ph: 800-819-8206
Fax: 845-264-6268	 	

Term Lease Master Agreement No.: 
Associated Supplement Nos.:
Summary Supplement No:

Amendment Nos.:
Addendum Nos.:
Quote Letter No.:	 	

4209635

D0307333302

Customer Reference:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Location/	 	 	 	Leased or Financed Item:	 	Plant Order	 	 	 	 	 	(*)	 	 	 	 	 	 	 	 	 	Estimated
	Line	 	Lessor	 	Installed	 	Type Model/Feature	 	or	 	Serial	 	(*)	 	Purchase	 	(*)	 	 	 	 	 	 	 	Commencement
	No.	 	Customer No.	 	State	 	Description	 	MES No.	 	No.	 	Option	 	Option	 	Term	 	 	 	 	 	 	 	/Release Date
	011
	 	8594995/
	 	OH	 	2863-004
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	N Series EXN4000
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	012
	 	8594995/
	 	OH	 	2863-004
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	N Series EXN4000
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	013
	 	8594995/
	 	OH	 	2863-004
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	N Series EXN4000
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	014
	 	8594995/
	 	OH	 	2870-582
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	N6040 Model 582
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	015
	 	8594995/
	 	OH	 	2870-582
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	N6040 Model 582
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	016
	 	8594995/
	 	OH	 	7014-T42
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	RS/6000 System Rack
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	017
	 	8594995/
	 	OH	 	7014-T42
	 	 	 	 	 	B$	 	$1	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	RS/6000 System Rack
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	018
	 	8594995/
	 	OH	 	9SSR-001
	 	 	 	B991440	 	S	 	NA	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	REMARKETED SERVICEELITE
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	019
	 	8594995/
	 	OH	 	9994-001
	 	 	 	B991441	 	T	 	NA	 	24	 	 	 	 	 	 	 	01/10
	 
	 	6369987
	 	 	 	VENDOR SOURCED PRODUCTS/SVCS
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment Period
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	QUARTERLY
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	IN ADVANCE

RATE VALIDITY DATE: 01/21/10.

 

 

 

TERM LEASE SUPPLEMENT — Additional Terms and Conditions

Supp.
No.: D00G27267

Page 4 of 4

OPTION CODES.

	 	 	 
	B

	 	Lease with fair market value end-of-lease options and Lessor is owner for tax purposes
	B+

	 	Lease with fair market value end-of-lease options
	B’

	 	Lease with prestated end-of-lease options and Lessor assumes Lessee is owner for tax purposes
	B$

	 	Lease with $1.00 end-of-lease purchase option and Lessor assumes Lessee is owner for tax purposes
	G

	 	Lease with fair market value end-of-lease options for tax exempt Lessees
	G’

	 	Lease with $1.00 end-of-lease purchase option for tax exempt Lessees
	L

	 	Lease for used Equipment supplied by Lessor
	LG

	 	Lease for used Equipment supplied by Lessor for tax exempt Lessees
	S

	 	Loan for IBM Financed Items
	S’

	 	Loan for IBM Financed Items for tax exempt Lessees
	T

	 	Loan for non-IBM Financed Items
	T’

	 	Loan for non-IBM Financed Items for tax exempt Lessees

IBM Credit LLC makes no representation whatsoever regarding Lessee’s accounting treatment related
to any transaction under the Agreement or this Supplement.

TERM.

Number: Indicates number of months of the Lease Term.

CO: Coterminous Lease. Term of Equipment and associated item of Equipment expire simultaneously.

PURCHASE OPTIONS (END-OF-LEASE ONLY).

	 	 	 	 	 
	 
	 	FM:	 	Fair market sales value at end-of-Lease
	 
	 	CL:	 	Contact IBM Credit for purchase price
	 
	 	Number:	 	Prestated purchase percent. Purchase price will be the Unit Purchase Price times this %.
	 
	 	NA:	 	Not Applicable
	 
	 	$1:	 	Purchase price is one dollar ($ 1.00)

INTEREST RATES. The Interest Rate, if stated, is the annual percentage rate (“APR”) which shall not
exceed the lesser of the APR set forth on the front of this Supplement or the highest rate from
time to time permitted by applicable law.

RATE PROTECTION. The Rates stated on the Supplement are not subject to change if the Supplement is
signed and returned to Lessor by the rate validity date indicated on the face of the Supplement and
Equipment is either (i) supplied by IBM and installed by the last day of the month of the Estimated
Commencement Date or (ii) not supplied by IBM, and a certificate of acceptance (“COA”) is signed by
Lessee with a Rent Commencement Date on or prior to the last day of the month of the Estimated
Commencement Date stated on the Supplement and such COA is accepted by Lessor.

RENT COMMENCEMENT DATE. Notwithstanding anything to the contrary in the Agreement, the Rent
Commencement Date for (i) personal computing equipment, including personal computer-based servers,
shall be the date supplied by Lessor on the COA or (ii) for Equipment supplied by Lessor, shall be
the earlier of the date of installation or seven (7) days after the Release Date or as specified in
the Supplement.

BASE EXTENSIONS. For Equipment and/or Financed Items described as “Base Extension”, this Supplement
amends and restates the terms of the Lease and/or Financing Transaction for such Equipment and/or
Financed Items and incorporates the terms of the Agreement referenced
on this Supplement.

SUPPLEMENT OPTIONS. When indicated on the face of the Supplement, the following terms and
conditions shall apply to transactions indicated in this Supplement.

* INTERIM RENT. The Payment Commencement Date shall be the first day of the first full
Payment Period following the date that would otherwise constitute the “Rent Commencement Date”
under Paragraph 13 of the Agreement and Lessee will pay interim Rent from such date to the
Payment Commencement Date. Such interim Rent shall be prorated based on the number of days in
Payment Period.

* PAYMENT IN ADVANCE. Rent will be due on the first day of each Payment Period and
(except for the invoice for the first Payment Period) will be invoiced one month before its
due date. The invoice for any initial partial Payment Period and the first full Payment Period
will be issued on the first day of the first full Payment Period following the date of
installation.

* PAYMENT IN ARREARS. Rent will be invoiced in advance as of the first day of each
Payment Period and will
be due on the day following the last day of the Payment Period.

* SECURITY DEPOSIT. As a condition to Lessee entering into the transactions indicated in
the Supplement, Lessee has granted to Lessor a security interest in cash held by Lessor as a
security deposit in the amount indicated on the face of this Supplement, to secure Lessee’s
payment obligations under the Agreement. Lessor may apply any portion of the security deposit
against any payment default and shall hold the security deposit until Lessee’s obligations
under the Agreement are satisfied in full.

TAX EXEMPT REQUIREMENTS (For Options G’, S’ and T’). Lessee represents that Lessee qualifies as a
State or political subdivision of a State for purposes of Section 103(a) of the Internal Revenue
Code of 1986, as amended (“Code”). Any misrepresentation of Lessee’s status under Section 103(a) is
an event of default under the Agreement. Lessee shall comply with all information reporting
requirements of Code Section 149(e) and Treasury Regulations thereunder. Lessee shall file the
appropriate Internal Revenue Service (IRS) Form 8038-G or 8038-GC. Lessee shall pay Lessor, on
demand, a sum to be determined by Lessor, that will return to Lessor the economic results Lessor
would otherwise have received if: (i) Lessee does not file the above IRS form on a timely basis; or
(ii) IRS rules Lessee does not qualify under Section 103(a) of the Code.

AUTHORITY TO FILE FINANCING STATEMENTS. Lessee hereby authorizes Lessor to file Uniform Commercial
Code (UCC) financing statements relating to the Collateral, as defined below. Lessee hereby grants
to Lessor a first priority security interest in the Equipment together with all related software
(embedded therein or otherwise), all Financed Items, and all additions, attachments, accessories,
accessions and upgrades thereto and any and all substitutions, replacements or exchanges for any
such item of Equipment or software and any and all proceeds of any of the foregoing, including,
without limitations, payments under insurance or any indemnity or warranty relating to loss or
damage to such Equipment and Financed Items (“Collateral”).

TRANSFER OF OBLIGATIONS. Lessee agrees that any transaction initiated under this Agreement shall be
binding upon Lessee’s successor and permitted assigns.

ADDITIONAL DEFAULTS AND REMEDIES. If Lessee is in default, Lessee agrees to surrender to Lessor for
return to licensor or owner all licensed program materials financed hereunder and to destroy any
and all copies thereof. If under applicable law. Lessor is required to comply with standards of
commercial reasonableness applicable to secured financings in disposing of the Equipment. Lessee
agrees that 10 days prior written notice shall constitute adequate notice of disposition, and any
disposition of the Equipment will be conveyed on an “AS IS” basis and Lessor may disclaim any and
all warranties.

FINANCIAL STATEMENTS. Upon request, if not publicly available, Lessee agrees to provide to Lessor
audited financial statements or unaudited financial statements with Lessor’s approval in such case
in form satisfactory to Lessor.

ALTERATIONS; MODIFICATIONS; PARTS. Lessee agrees to (i) allow installation of any changes,
additions, and/or capacity monitoring hardware or software on Equipment, as required by
manufacturer, or permit manufacturer to monitor Equipment capacity; and (ii) comply with any other
terms between Lessee and Equipment manufacturer, including, but not limited to, those that relate
to Equipment capacity.

RETURN OF EQUIPMENT. Unless otherwise agreed to in writing by the parties and prior to return to
Lessor of each item of Equipment, Lessee is responsible for removing all information and data,
including, but not limited to, programs not licensed to a specific item of Equipment. Lessor has no
obligations to remove Lessee’s or any other party’s information from an item of Equipment.

LESSEE REPRESENTATIONS. Lessee represents that: (i) any information Lessee may provide to Lessor
related to the acquisition price of Equipment and/or Financed Items is the true and accurate price
charged by and to be paid to Lessee’s Supplier for such Equipment and/or Financed Items; and (ii)
Lessee will use any funds received from Lessor for acquisition of Equipment and/or Financed Items
for the sole purpose of acquiring such Equipment and/or Financed Items.

LEASE AGREEMENT AMENDMENT. The following terms and conditions only apply to Term Lease Master
Agreements signed prior to January 1997.

LESSEE. Any Parent, Subsidiary or Affiliate of Lessee may enter into a Lease and/or
Financing Transaction (each as defined below) under this Agreement by signing a Term Lease
Supplement (“Supplement”) referencing this Agreement and so will be bound to the terms and
conditions of this Agreement as Lessee. For the purposes of this Agreement, “Parent” shall
mean a business entity that owns or controls a majority interest of Lessee; “Subsidiary” shall
mean a business entity a majority interest of which is owned or controlled by Lessee; and
“Affiliate” shall mean a business entity under common majority control with Lessee.

TERM. The initial Term of the Lease or Financing Transaction shall begin on the Rent
Commencement Date and shall expire at the end of the number of months under “Term” in the
Supplement.

OPTIONAL EXTENSION. For purposes of the Optional Extension paragraph, the Rent shall be
calculated as the sum of the Lease payments over the initial Term divided by the initial Term
of the Lease, but for Options B, B+ or L not less than fair market rental value.

FINANCED ITEMS. Software, program licenses, maintenance, services and other one-time
charges Financed under this Supplement constitute “Financed Items” and the terms (i) of this
Supplement, (ii) any applicable attachments, and (iii) the Agreement, each as may be amended
by addenda, constitute the “Financing Transaction” for such Financed Items. The parties agree
that all references to “Lease” in paragraphs 37 and 38 shall mean “Lease and/or Financing
Transaction”.

TERMS FOR USED EQUIPMENT. This Equipment is provided without any warranty by Lessor, in
accordance with Paragraph 9. It is subject to prior disposition at any time prior to Lessor’s
signature on the Supplement. Rent Commencement Date will be the earlier of installation or 7
days after Release Date or as noted on the face of this
Supplement. Lessee payment of 3 months Rent as liquidated damages is required if Lessee
cancels its commitment to lease after Lessor’s Supplement acceptance but before the Equipment
is delivered and accepted by Lessee. Lease expiration notice shall be as soon as practicable
if the Term is 3 months or less. If Equipment is unmodified, manufactured and assembled by or
for IBM and IBM installs and maintains the Equipment, Lessee may exercise the Lessor’s quality
satisfaction guarantee within 90 days of the Release Date. At Lessor’s option, the Equipment
will either be replaced with equivalent Equipment or returned to Lessor and the Lease
terminated with any payments made to Lessor refunded.

TERMS FOR NON-IBM EQUIPMENT AND FOR EQUIPMENT NOT SOURCED FROM IBM. Notwithstanding
anything to the contrary in the Agreement, for purpose of this Supplement, “Lessee’s Supplier”
shall be the party with whom Lessee has contracted to purchase Equipment, license program
materials or acquire services leased or financed herein. Except for paragraphs 41 and 43, all
references in the Agreement to “IBM” shall mean “Lessee’s Supplier”. Any occurrences of “or
Effective Date for Additional License” in the Agreement are deleted. Any reference to
“Estimated Shipment Date” shall mean “Estimated Commencement Date”. Except for personal
computing equipment, including personal computer-based servers, the Rent Commencement Date
shall be the date Lessee designates on a COA. Any terms and conditions applicable to Option B
shall also apply to Options B+ and L. Lessee shall return the Equipment in good condition and
working order, wear and tear excepted and qualified for the manufacturer’s approved
maintenance service. Should Lessee elect to alter or modify the Equipment, any Lessor-owned
Parts that Lessee removes shall remain Lessor’s property and Lessee is not permitted to make
such Parts available for sale, transfer, exchange or other disposition without Lessor’s prior
written consent. If Lessor consents to a disposition of the removed Parts, the restoration must
be with parts Lessor owns or supplies, or those supplied by a source approved by Lessor. For
the purposes of the Agreement, a “Part” is any component or element of the Equipment.

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