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EQUIPMENT LEASE AGREEMENT THIS EQUIPMENT LEASE AGREEMENT (this "Lease") is made as of the day of , 2014, by and between the SOUTH BEND REDEVELOPMENT COMMISSION ("Lessor"), organized and existing under Indiana Code 36-7-14, and LIPPERT COMPONENTS MANUFACTURING, INC., a Delaware corporation ("Lessee"). RECITALS A. Lessor, the governing body of the City of South Bend, Indiana, Redevelopment District and the City of South Bend, Indiana, Department of Redevelopment, exists and operates under the provisions of Indiana Code Section 36-7-14,as amended from time to time (the "Act"). B. Lessor desires to foster redevelopment and economic development within the City of South Bend, Indiana(the "City"). C. Lessee is a tier-1 supplier serving the Manufactured Housing, Recreational Vehicle and Cargo/Horse Trailer industries. Lessee is in need of a centralized warehouse and distribution space for its finished products which space is proximate to its production facilities, providing an efficient and effective means for storing, tracking and distributing its finished goods (the "South Bend Warehouse"). D. The upgrades proposed by Lessee would include substantial capital expenditures, as well as employment opportunities associated with the South Bend Warehouse (the "Project Upgrades") E. In order to more fully develop the Project Upgrades and expand its applications, Lessee requires the Equipment (as defined below), to be used in connection with the South Bend Warehouse. F. The Project Upgrades proposed by Lessee would include substantial maintenance and capital expenditures and activities, as well as installation of incremental on-site projects to improve and stabilize the operations of the South Bend Warehouse. G. Lessor owns the Equipment(as defined below)described on the attached Schedule A. H. As a material inducement for Lessor to enter into this Lease upon the terms provided herein, and in connection with that certain Economic Development Agreement dated , 2014, by and between Lessor and Lessee (the "Agreement"), Lessee has agreed to complete the Project Upgrades in the total amount of $1,492,500.00, both directly and by its sub-tenant in the South Bend Warehouse, referenced in the Agreement and to create the number of jobs of the types and wage ranges also referenced in the Agreement, upon the terms and subject to the conditions set forth herein and in the Agreement. LIPPERT and the Commission agree that jobs created by a sub-tenant of LIPPERT may be counted toward fulfilling the job commitments made by LIPPERT herein, however, the