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Home My WebLink About5.747 Original Contract Installment Payment Master Agreement State and Local Government 5. 74./7 ~ . t:>~</OODt2W.44 J :. ~ : ::g~E:" ~D ""'o~ . Thank you for doing business with us We are committed to providing you with the highest quality financial offenngs. If, at any time, you have any questions or problems, please let us know This Installment Payment Master Agreement (called the "Agreement") covers the terms and conditions under which we finance vanous charges. This Agreement has four parts: Part 1 - Definitions; Part 2 - Our Offerings; Part 3 - Payment, and Part 4 - General. The specific amount financed, the interest rate charged, and the penod over which the amount is financed are together referred to as an Installment Payment Transaction (called the "Transaction"). Each Transaction is listed as a separate line item on a Supplement to this Agreement. A Supplement may contain additional terms for its Transactions. You agree to those terms by signing the Supplement. Each Transaction IS contingent upon a review of your credit by us. This Agreement and its applicable Supplements are the complete agreement regarding the Transactions and replace any prior oral or written communications between both parties. By signmg below, both parties agree to the terms of thiS Agreement Once signed, any reproduction of this Agreement or a Supplement. made by reliable means (for example, photocopy or facsimile) IS considered an onginal Name (type or print) _Richa~d .1:., Headrick Mayor, City of Port Angeles ~@t} .. Jb(/~~=-- DOROTHY O. BROWN Date. CUSTOMER SUPPORT DPS MOR Agreement number: NDS.Jf).~ / By Name (type or pnnt) Date October 18, 2005 Customer number 7250568 IBM Office number' 321 E. 5th St. Customer address' P. O. Box 1150 IBM Office address Port Angeles, WA 98362 h.PPROVED AS TO FORM: ,. ~ ATTEST: Z;125-4570 - 00 (08/91) Page 1 of6 Doc. E :: =_= @ ----- ---"- Installment Payment Master Agreement State and Local Government Part 1 - Definitions 1.1 Definitions Addition IS any Machine or Program associated with a Machine previously financed under this Agreement. Customer-set-up Machine is an IBM Machine that you set up according to IBM mstruGhons. Date of Installation IS the following: 1. for a Machine - a. the business day after the day we install It or, if you defer Installation, make Jt available to you for installation; or b the second business day after the end of the standard transit allowance period for a Customer-set-up Machine or a non-IBM Machine 2 for a Program, the latest of - a. the day after ItS testing period ends; b. 10 days after we ship It; or c. the day you are authorized to make an Additional License Copy or a CIJPy of f\ Distributed Feature. Machine is a machine, its features, conversions, upgrades, elements, or accessones, or G1r.y :comblnatlon of them. We use the terms "IBM Machine" and "non-IBM Machine" If applicable Modification is any IBM field installable upgrade, feature or accessory added to any Machine Planning Date IS the date stated in he Supplement that financing for each Transaction is scheduled to begin For a Machine, it is the estimated date the Machine will be put mto service For a Program, it is the estimated Date of Installation For all other financed charges, I~ IS the date you choose for the financing to begin. Product is a Machine or a Program. Program is all the following, including features and any whole or partial copies: 1. machine-readable instructions; 2. a collection of machine-readable data, such as a data base, and 3. related materials, includmg documentation and listings, In any form Service IS assistance or use of a resource (such as a network). Term is the number of payment periods stated in the Supplement. The Term of a 1 ransaction begins on the date interest starts It ends on the last day of the last payment period If you prepay a Transaction, Its Term ends when you complete the prepayment You and Your refer to you, the Customer. You must be a State or a Political SubdivIsion as defined by Section 103(a) of the Internal Revenue Code of 1986, as amended, and any Regulations and Rulings that affect that section. We, Us and Our refer to: 1 International Business Machines Corporation (IBM), ItS subSidiaries and affiliates; 2 a partnership in which IBM IS a partner, or 3 a business enterprise for which IBM is an agent IBM Will remam as the active manager for all matters under this Agreement Z125-4570 - 00 (08/91) Page 2 of6 Doc. I : :~~~" Installment Payment Master Agreement State and Local Government Part 2 - Our Offerings 2.1 Machines We finance charges for Machines you purchase from us For a Machine we finance. you agree to. keep the Machme free from encumbrances of any kind, except those established by us under this Agreement, or by you with our pnor wntten consent; 2. promptly pay all taxes, interest, and other charges associated with the Machine, excluding taxes based on our net income; and 3. keep the Machine in good operating condition. 2.2 Modifications and Additions We finance charges for Modifications and Additions you purchase from us For Modifications and Additions we finance, you agree to: 1. ensure that the Machine with which the Modifications and Additions will be associated is free from encumbrances of any kind, except those established by us under this Agreement; and 2. keep modified Machines and Additions to them In accordance with the requirements of Section 2.1. We may offer to refinance a Machine when we finance a Modification to It Changes to the Annual Interest Rate, Payment Amount, and Term will then be specified in a new Supplement. 2.3 Other Charges We finance one-time charges for IBM Programs and Services. Your obligation to make payments is not affected by the termination of any Service or license for a Program, unless such termmation occurs before the date interest starts. We may agree to finance other one-time charges associated with the installation of IBM Products 2.4 Discounts, Allowances and Adjustments The purchase price or one-time charge we finance IS the same amount that you would have paid us after all discounts and adjustments. If thiS amount changes after you sign the Supplement and before the date mterest starts, we will adjust the Supplement accordingly and notify you. Z125-4570 - 00 (08/91) Page3 of6 Doc. ~ ~~";"~" Installment Payment Master Agreement State and Local Government Part 3 - Payment 3.1 Your Obligation to Pay You will pay all amounts specified in the Supplement. Payments will be made through the IBM Branch Office unless we notify you otherwise. Your obligation to pay will continue regardless of any dispute you may have with respect to the financed Products or Services You agree to periodically request the appropriation of funds to pay all Payment Amounts specified in the Supplement. If the funds you request for any future fiscal year are not appropriated, you will not be obligated to pay amounts due beyond the end of the last funded fiscal year. If this happens, you agree to notify us in wptmg. Each affected Transaction will end after the last funded fiscal year and you Will not be In rlefault. You may retain the Machines for a reasonable period of time and at a monthly charge which we Will determine We will then remove the Machines from your premises and retain all sums paid as partial payment for their use and depreciation. 3.2 Interest Commencement Unless otherwise specified In the Supplement, interest starts on: 1. the first day of the month following the Date of Installation for Products and Services you obtain from us; or 2. the first day of the month specified In the Supplement for all other charges 3.3 Invoicing Payment Amounts for monthly payment periods are Invoiced as of the first day of each calendar month and are due on the first day of the following month. Payment Amounts for all other payment periods (for example, annual) are invoiced 30 calendar days before the end of their payment period and are due on the day follOWing the close of the respective payment period. 3.4 Rate Protection The Supplement states a Planning Date for each Transaction, and one Quote Validity Date for all Transaction rates on the Supplement These rates are not subject to change provided that 1. the Supplement is signed and returned to us by the Quote Validity Date; and 2. the Product is installed within the same calendar month as its Planning Date. 3.5 Prepayment We Will not charge any loan origination fees. If you decide to prepay a Transaction, you agree to pay us a prepayment fee for our unrecovered administrative expense and changes in funding costs. The Supplement describes how the prepayment fee is determined You may prepay any Transaction by paYing all outstanding amounts due plus the remaining prinCipal balance and any prepayment fee If you prepay a Transaction for a Machine, you must also prepay any Transaction for related non-IBM charges. Z125-4570 - 00 (08/91) Page 4 of6 Doc. E : :~";"E:" Installment Payment Master Agreement State and Local Government Part 4 - General 4.1 Events of Default You will be in default if. 1. you do not pay any amount within seven days after Its due date; 2. you fail to maintain insurance as required under this Agreement; 3. you make any misrepresentation in a credit application you give us; 4 you make an assignment for the benefit of creditors, or you consent to the appollltment of a trustee or receiver, or either IS appointed for you or for a substantial part of your property without your consent; 5 any petition or proceeding IS filed by or against you under any bankruptcy, Insolvency, or similar law; or- 6. you breach any other provision of tills Agreement and that breach continues for fifteen days after you receive written notice from us. 4.2 Remedies If you are in default, we may do one or more of the following. 1. declare the TransactIon and all associated Transactions to be in default; 2. recover from you all amounts that are or Will be due; 3 repossess or render unusable any or all Machines, Modifications, or Additions without demand, notice, court order, or other process, and retain all payments made as partial compensation for their use and depreciation; 4. require you, at your expense, to assemble and ship any Machine, Modification. or Addition to a location we specify; and 5. recover from you reasonable attorney's fees and legal expenses incurred In exercising any of our rights under thiS Agreement. If we repossess a Modification, it is your responsibility to restore the remainrng Machine to good working order. We have no liability for costs or damages caused by the removal of such Modification or by your failure to fulfill your responsibIlities. Upon repossession or return of a Machine, Modification, or Addition, we Will dispose of it In a commercially reasonable manner. After deducting our expenses for the repossession and diSposition, we will apply the net proceeds toward the amounts due. You Will pay us any deficiency between the net proceeds and the unpaid amounts due. We Will pay to you any excess net proceeds. We may pursue any other remedy available at law or in equity 4.3 Security Interest We reserve a purchase money security Interest in each Machine we finance, Its substitutions, replacements, accessions, Modifications, Additions and any associated proceeds until we receive all amounts due. You will cooperate with us to perfect our security interest You authorize us to act as your agent and attorney -in-fact for the limited purpose of preparing, executing in your name, and filing on your behalf, finanCing statements or other documents covering Machines, Modifications, and Additions financed by us.. Each Machine must be kept at the location specified In thiS Agreement, where we may Inspect it at any reasonable time. Each Machine Will remain personal property, and will not become a fixture to real property Until your financial obligation on a Transaction is satisfied, you may not modify or otherwise dispose of the Machine, Modification, or Addition, In whole or In part, without our prior written consent. Z125-4570 -00 (08/91) Page 5 of6 Doc. ==-= =~ - - --- - - ---- - - --- - - - --- ----- ---.- Installment Payment Master Agreement State and Local Government 4.4 Insurance You will maintain insurance covenng loss, theft, converSion, damage, and destruction (called a "Loss") for any Machine, Modification, or Addition that we finance under this Agreement You Will endorse the policy naming us and our assigns as Loss Payee Upon our request, you Will provide us With proof of such Insurance If a Machine, Modification or Addition suffers a Loss before we receive all payments, you will promptly notify us. Upon our request, you \/viii pay us the prepayment amount as of the date of the occurrence You agree to prepay all related non-IBM charges at the same time We Will credit you with any insurance payments thot are in excess of the prepayment amount. Your obligation to pay us will continue until we are paid in full 4.5 Assignment and Relocation You may not assign this Agreement or your rights under it, or delegate your obligations. Any attempt to do so is void You may not sell, transfer, modify, relocate, or otherwise dispose of any Machine, Modification, or Addition, In whole or In part, without our pnor written consent We will not consent to the relocation of any Machine, Modification, or Addition out of the United States. We may assign any of our interests in whole or in part Even when we assign our rights, we remain fully obligated to you and only your wntten consent can release us from this obligation. Therefore, any claims you have under this Agreement may be brought only against us, not our assignees. 4.6 General If any provIsion of this Agreement becomes invalid or unenforceable, all other provisions remain in effect. Our failure to require full performance or our waiver of any proviSion In thiS Agreement does not prevent us from requiring full performance of all proviSions In the future. Notices All notices under this Agreement will be delivered In person or mailed, to you at your address or to us at the IBM Branch Office shown In the Supplement. Changes to the Agreement Terms In order to maintain flexibility in our financial offenngs, we may change the terms of this Agreement by giving you three months' written notice However, these changes are not retroactive. They apply, as of the effective date we specify In the notice, only to new Transactions. For any other change to be valid, both parties must sign it. Additional or different terms In any wntten commUnication from you are VOid Agreement Termination This Agreement may be terminated by either party With one month's written notice However, each Transaction existing on the effective date of that termination will survive until all Its related obligations are fully satisfied. Electronic Communications Electronic commUnications, If used, are the equivalent of written and signed documents. When both parties agree to use electrOnic invoiCing and payment options, you may authonze us to Initiate direct payment from your deposit account for the Items listed on any Supplement and for any related taxes. Conflicting Terms If there is conflict between terms, those of a Supplement prevail over those of thiS Agreement for the Transactions listed on the Supplement Governing Law The laws of your State govern this Agreement Z 125-4570 - 00 (08/91) Page 6 of6 Doc. IBM Credit LLC Special Bids Cover Sheet October 17, 2005 Quote Type: Installment Payment Master Agreement Quote Number: Q02773211-01 Quote Validity Date: November 12, 2005 Arth.:le of Incorporation Name: Customer Name: CITY OF PORT ANGELES CITY OF PORT ANGELES 325 E FIFTH ST PORT ANGELES, WA 98362-3206 7250568 7238328 SUSAN WILSON JC1 ANGELES2 BA " , IBM Customer Number: IBM Enterprise Number: Field Contact: Direct Rates User code: Direct Rates Filename: Bethesda Processing Code: Administrative Instructions The quote consists of this cover sheet and ItS attachment(s). All conditions in this quote must be salisfied for the rates to be valid. This quote will expire after the quote validity date. The terms and conditions in this quote may be different from the onglnal quote submitted. Please review this quote to ensure that you are aware of any differences If the customer accepts your financing proposal based on thiS quote, the required documentation listed In thiS quote must be signed by the customer and received by IBM by the quote validity date. Attachment IBM CREDIT LLC ATTACHMENT FOR DOCUMENTATION, CONDITIONS, AND FINANCING RATES Customer Name: CITY OF PORT ANGELES Quote Number: Q02773211-01 Date October 17, 2005 REQUIRED 'DOCUMENTATION: 1. IBM Corporation Installment Payment Master Agreement - State and Local Government, If onc~ ;':-\ not been previously signed. 2. This quote requires the customer to execute a Certificate of Acceptance form (Z126-5057) ava.13f,:,~ on FAWN. 3. Installment Payment Supplement (Vendor Supplied EqUipment). CONDITIONS: 1. This quote is for an IBM Credit LLC National Account The Selected Government Account (80./\\ Code IS: 689 2. You must have a sufficient level of credit approved by IBM Credit to cover the total amount to G" financed from all transactions and has an expiration date after the installation date or finance effect!"!.' start date If an IBM Installation does not apply. 3. Payments are monthly in arrears. 4. Option TIT' financing may not exceed $21,000.00, unless otherwise stipulated In the Cn"c',. comments. 5. These rates are CONTINGENT upon IBM Credit qualifying thiS customer for eligibility to receive st;~i':. and local rates under section 103(a) of the Internal Revenue Service Code. Please complete 1:;,. State and Local Qualification - Section 103 form found in Global Financing Online under the Tl:,'!" and Reference Information for Customer FinanCing Category 6. The rates in this quote are contingent upon meeting the criteria outlined in the Credit commBfl1 below. These credit comments reflect credit log 6550241: P 1. Total Unsecured fin'g limited as a % of TOTAL secured HIW: 100.00% AND P 2. Total Solution financed must have min 75% IBM content AND P 3. Please change SIC Code on CMR to' 9111 AND P 4. Customer legal name on CMR must be changed to: "PORT ANGELES, CITY OF" AND P 5. Accept no modifications to UCC attestation, legal name, etc. 7. For options I/IG/G'/B$/S/S'/TIT', the list and/or net pnces may vary and the rates Will remain valic'. B. Option 8/S' financing may not exceed $37,00000, unless otherwise stipulated In the Cre01( comments 9 Payment amounts are calculated as follows' Total Amount Financed = Unit Net Price * (1 + Sales Tax) Umt Payment Amount = Total Amount Financed /1000 * Rate/1000 Total Payment Amount = Unit Payment Amount * Qty Recurring sales/use and personal property taxes required to be paid by you under the Term Lease Master Agreement, are not In the rates 10 IGF financing rates contingent on eqUipment haVing a confirmed ship date from IBM of 12/31/200fi or sooner 11 If the finanCing IS for a model or feature addition, the base machine must be either owned by YOI" with clear title, or currently financed under an Installment Payment Master Agreement (IPMA). 12. The following statement must appear on alllPMA Payment Schedules associated with thiS quote' "The payments shown on thiS payment schedule, reflect waiver of the Prepayment Fee prOVISion of the Installment Payment Master Agreement" 13 Validity Date' ThiS quote IS valid through November 12, 2005 PAGE 1 of 3 IBM CREDIT LLC ATTACHMENT FOR DOCUMENTATION, CONDITIONS, AND FINANCING RATES Customer Name: CITY OF PORT ANGELES Quote Number: Q02773211-01 Date October 17, 2005 FINANCING RATES: DEALERlREMARKETER SOURCED HARDWARE L T I , " f_ 0 e n p r Install Interest Rate % e Mach Mod t m Month Net Purchase Prlcn Down Payment monthly annualized 1722 60U IG 60 11/05 4.00 4.07 44,859 00 0.00 Low Rate Financing --;. ~\ It 2 2005 B16 IG 60 11/05 4.00 4.07 5,063 00 0.00 Low Rate Financing , ~ ~f: - 3 . 'g~ 11 520 IG 60 11/05 4.00 4.07 9,74600 0.00 Low Rate FinanCing 4 3583 L18 IG 60 11/05 4.00 407 29,698 00 0.00 Low:,Bate FinanCing OTHER IBM PRODUCTS AND SERVICES L .--/.1;:.. T i i f ,~, 0 e n ~ I J . p r Install Interest Rate % e Mach Mod t m Month Net Purchase Pnce Down Payment monthly annualized " 5 9SSR 001 S' 60 11/05 5.00 5.12 6,495.00 0.00 Low Rate Financing 6 9SSR 001 S' 60 11/05 5.00 5.12 21,56900 0.00 Low Rate FinanCing 7 9992 003 S' 60 11/05 4.50 4.59 8,575.00 0.00 Low Rate Financing NON-IBM PRODUCTS AND SERVICES L T I 0 e n p r Install Interest Rate % e Mach Mod t m Month Net Purchase Price Down Payment monthly annualized 8 9994 001 T' 60 11/05 6.75 6.96 9,72000 0.00 9 9BPP 004 T' 60 11/05 675 696 2,61400 0.00 10 . 98PP 004 T' 60 11/05 675 696 8,65000 0.00 (**) For IBM EMO, "INSTALL MONTH" IS the finance effective start month. End of Individual Quote Number Q02773211-01 dated October 17, 2005 PAGE 2 of 3 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number Q02773211-01 Date 2005-10-17 Mach/Model: Term. Install Month: monthly Rate: 1722/60U 60 11105 4.00% Net Purchase Price' Payment Frequency' Option Interest Commencement Date' PAYMENT START DATE: 44,859 00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any down payments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date The payments on thiS schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance -- ---------- ------------- -------------- -------------- -------------- 44,859.00 JAN 01, 2006 9,766.93 149.53 9,617.40 35,241.60 FEB 01, 2006 0.01 117.47 -117.46 35,359.06 MAR 01, 2006 0.01 11 7.86 -117.85 35,476.91 A~R 01, 2006 0.01 118.26 -118.25 35,595.16 MAY 01, 2006 0.01 118.65 -118.64 35,713.80 JON 01, 2006 0.01 119.05 -119.04 35,832.84 JUL 01, 2006 0.01 119.44 -119.43 35,952.27 AUG 01, 2006 0.01 119.84 -119.83 36,072.10 SEP 01, 2006 0.01 120.24 -120.23 36,192.33 OCT 01, 2006 0.01 120.64 -120.63 36,312.96 NOV 01, 2q06 0.01 121.04 -121.03 36,433.99 DEC 01, 2006' 0.01 121. 45 -121.44 36,555.43 JAN 01, 2007 9,766.93 121.85 9,645.08 26,910.35 FEB 01, 2007 0.01 89.70 -89.69 27,000.04 MAR 01, 2007 0 01 90.00 -89.99 27,090.03 APR 01, 2007 0.01 90.30 -90.29 27,180.32 MAY 01, 2007 0.01 90.60 -90.59 27,270.91 JON 01, 2007 0.01 90.90 -90.89 27,361.80 JUL 01, 2007 0.01 91.21 -91.20 27,453.00 AUG 01, 2007 0.01 91. 51 -91.50 27,544.50 SEP 01, 2007 0.01 91.81 -91.80 27,636.30 OCT 01, 2007 0.01 92.12 -92.11 27,728.41 NOV 01, 2007 0.01 92.43 -92.42 27,820 83 DEC 01, 2007 0.01 92.74 - 92 . 73 27,913.56 JAN 01, 2008 9,766.93 93.05 9,673 88 18,239.68 FEB 01, 2008 0 01 60.80 -60 79 18,300.47 MAR 01, 2008 0.01 61.00 -60 99 18,361.46 APR 01, 2008 0.01 61.20 -61 19 18,422.65 MAY 01, 2008 0.01 61.41 -61 40 18,484.05 JON 01, 2008 0.01 61.61 -61.60 18,545 65 JUL 01, 2008 0 01 61.82 -61 81 18,607 46 AUG 01, 2008 0 01 62.02 -62 01 18,669 47 SEP 01, 2008 0 01 62.23 -62 22 18,731 69 OCT 01, 2008 0.01 62.44 -62 43 18,794 12 NOV 01, 2008 0 01 62.65 -62 64 18,856 76 DEC 01, 2008 0 01 62 86 -62 85 18,919 61 JAN 01, 2009 9,766.93 63 07 9,703 86 9,215 75 FEB 01, 2009 0.01 30 72 -30 71 9,246 46 MAR 01, 2009 0.01 30.82 -30 81 9,277 27 APR 01, 2009 0.01 30 92 -30 91 9,308 18 MAY 01, 2009 0.01 31 03 -31 02 9,339 20 JUN 01, 2009 0.01 31.13 -31.12 9,370 32 JUL 01, 2009 0.01 31.23 -31.22 9,401 54 AUG 01, 2009 0 01 31.34 -31 33 9,432 87 SEP 01, 2009 0 01 31 44 -31 43 9,464 30 OCT 01, 2009 0.01 31 55 -31 54 9,495 84 NOV 01, 2009 0 01 31 65 -31 64 9,527 48 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number' Q02773211-01 Date: 2005-10-17 Payment Due Payment Fin Charge Princ~pal Balance ------------ ------------- -------------- -------------- -----~-------- DEC 01, 2009 0.01 31.76 ..31 75 9,559.23 JAN 01, 2010 9,766.93 207.70 9,559.23 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0 01 0.00 0.00 APR 01, 20.10 0.01 0.01 0 00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JON 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 ().OO SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEe 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- --------- ----- Total 48,835.20 3,976.20 44,85.9.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02773211-0 1 Date. 2005-tO-17 Mach/Model: Term: 'Insta 11 ~1onth' monthly Rate' 2005/B16 60 11/05 4.00% Net Purchase Price. Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any do~~payments Payments and charges resulting from loan prepayment'prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provis~ons . Payment Due Fin. Charge Payment JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 NAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 0 1 , 2 00 8 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 ,TUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 0 1 , 20 0 9 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 1,102.34 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,102.34 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 0.01 1,102 34 0.01 0.01 o 01 0.01 o 01 o 01 o 01 o 01 0.01 0.01 o 01 1,102 34 o 01 o 01 0.01 o 01 o 01 o 01 o 01 o 01 16.88 13.26 13.30 13.35 13.39 13 .44 13.48 13 53 13.57 13.62 13.66 13.71 13.75 10 12 10.16 10.19 10.23 10.26 10.29 10.33 10.36 10 40 10.43 10.47 10.50 6 86 6.88 6.91 6.93 6 95 6 98 7.00 7 02 7.05 7 07 7.09 7 12 3 47 3 48 3 49 3 50 3.51 3 52 3 54 3 55 PAGE 1 of2 5,063.00 mOllthly IG 12/01/2005 12/01/2005 Principal Balance 1,085.46 -13 25 -13.29 -13.34 -13.38 -13.43 -13.47 -13.52 -13.56 -13.61 -13.65 -13.70 1,088.59 -10.11 -10.15 -10.18 -10.22 -10.25 -10.28 -10.32 -10.35 -10.39 -10.42 -10.46 1,091 84 -6.85 -6.87 -6.90 -6.92 -6 94 -6 97 -6.99 -7.01 -7 04 -7 06 -7.08 1,095.22 -3 46 -3.47 -3 48 -3 49 -3 50 -3 51 -3 53 -3 54 5,063 00 3,977.54 3,990.79 4,004.08 4,017.42 4,030.80 4,044 23 4,057.70 4,071.22 4,084 78 4,098.39 4,112.04 4,125.74 3,037.15 3,047.26 3,057.41 3,067 59 3,077.81 3,088.06 3,098.34 3,108 66 3,119.01 3,129.40 3,139.82 3,150.28 2,058.44 2,065 29 2,072.16 2,079 06 2,085 98 2,092 92 2,099 89 2,106 88 2,113 89 2,120 93 2,127 99 2,135 07 1,039 85 1,043 31 1,046 78 1,050 26 1,053 75 1,057.25 1,060 76 1,064 29 1,067 83 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name Reference Number Date' CITY OF PORT ANGELES Q0277321 1-01 2005-10-17 Payment Due Payment Fin. Charge Prlnclpal ------------ ------------- -------------- -------------- OCT 01, 2009 0.01 3.56 -3.55 NOV 01, 2009 0.01 3.57 -3.56 DEC 01, 2009 0.01 3 58 -3.57 JAN 01, 2010 1,102 34 23.81 1,078.51 FEB 01, 2010 0.01 0.01 0.00 MAR 01, 2010 0.01 0 01 0 00 APR 01, 2010 0.01 0.01 0.00 MAY 01, 2010 0.01 0.01 0.00 JUN 01, 2010 0.01 0.01 0.00 JUL 01, 2010 0.01 0.01 0.00 AUG 01, 2010 0.01 0.01 0.00 SEP 01, 2010 0.01 0.01 0.00 OCT 01, 2010 0.01 0 01 0.00 NOV 01, 2010 0.01 0.01 0 00 DEC 01, 2010 0.01 0.01 0 00 ------------ ------------- -------------- Total 5,512.25 449 25_ 5,063.00 Balance ] ,071. 38 1,074.94 1,078.51.. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAGE2of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02773211-01 Date 2005-10-17 Mach/Model Term' Instal ~ Month, monthly Rate: 9111/520 60 11/05 4.00% Net Purchase Pr~ce: Payment Frequency. Option: Interest Commencement Date: PAYMENT START DATE' 9,746 00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculat~ons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result~ng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 9,746.00 JAN 01, 2006 2,121.95 32.49 2,089.46 7,656.54 FEB 01, 2006 0.01 25.52 -25.51 7,682.05 MAR 01, 2006 0.01 25.61 -25.60 7,707.65 APR 01, 2006 0.01 25.69 -25 68 7,733.33 MAY 01, 2006 0.01 25.78 -25.77 7,759.10 JUN 01, 2006 0.01 25.86 -25.85 7,784.95 JUL 01, 2006 0.01 25.95 -25.94 7,810.89 AUG 01, 2006 0.01 26.04 -26.03 7,836 92 SEP 01, 2006 0.01 26.12 -26.11 7,863.03 OCT 01, 2006 0.01 26.21 -26.20 7,889.23 NOV 01, 2006 0.01 26.30 -26.29 7,915.52 DEC 01, 2006 0.01 26.39 -26.38 7,941.90 JAN 01, 2007 2,121.95 26.47 2,095 48 5,846.42 FEB 01, 2007 0.01 19.49 -19.48 5,865.90 MAR 01, 2007 0.01 19.55 -19.54 5,885.44 APR 01, 2007 0.01 19.62 -19.61 5,905.05 MAY 01, 2007 0.01 19.68 -19.67 5,924.72 JUN 01, 2007 0.01 19.75 -19 74 5,944.46 JUL 01, 2007 0.01 19.81 -19.80 5,964.26 AUG 01, 2007 0.01 19.88 -19.87 5,984.13 SEP 01, 2007 0.01 19.95 -19 94 6,004.07 OCT 01, 2007 0.01 20 01 -20.00 6,024.07 NOV 01, 2007 0.01 20.08 -20.07 6,044.14 DEC 01, 2007 0.01 20 15 -20 14 6,064.28 JAN 01, 2008 2,121.95 20.21 2,101 74 3, 962.54 FEB 01, 2008 0 01 13.21 -13 20 3,975.74 MAR 01, 2008 0.01 13 25 -13 24 3,988.98 APR 01, 2008 0 01 13 30 -13 29 4,002.27 MAY 01, 2008 0.01 13.34 -13 33 4,015 60 JUN 01, 2008 0.01 13.39 -13 38 4,028 98 JUL 01, 2008 0.01 13 43 -13.42 4,042.40 AUG 01, 2008 0 01 13 47 -13.46 4,055 86 SEP 01, 2008 0.01 13.52 -13 51 4,069 37 OCT 01, 2008 0.01 13 56 -13.55 4,082 92 NOV 01, 2008 0 01 13 61 -13.60 4,096.52 DEC 01, 2008 0.01 13 66 -13 65 4,110 17 JAN 01, 2009 2,121 95 13.70 2,108 25 2,001 92 FEB 01, 2009 0.01 6 67 -6 66 2,008.58 MAR 01, 2009 0 01 6 70 -6.69 2,015 27 APR 01, 2009 0 01 6 72 -6 71 2,021 98 MAY 01, 2009 0.01 6 74 -6 73 2,028.71 JUN 01, 2009 0.01 6.76 -6 75 2,035 46 JUL 01, 2009 0.01 6.78 -6 77 2,042.23 AUG 01, 2009 0.01 6 81 -6.80 2,049 03 SEP 01, 2009 0 01 6.83 -6 82 2,055 85 PAGE 1 of2 ,','<\ IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number Q0277321 1-01 Date: 2005-10-17 Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- - ------------- OCT 01, 2009 0.01 6.85 -6.84 2,062.69 NOV 01, 2009 0 01 6.88 -6.87 2,069.56 DEC 01, 2009 0.01 6.90 -6 89 2,076.45 JAN 01, 2010 2,121.95 45 50 2,076.45 0.00 FEB 01, 2010 0.01 0 01 0.00 0.00 MAR 01, 2010 0.01 0.01 0 00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 10,610.30 864.30 9,746.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number: Q0277321l-01 Date: 2005-10-17 Mach/Model: Term' Install Month monthly Rate: 3583/118 60 11/05 4.00%- Net Purchase Price: Payment Frequency: Option' Interest Commencement Date: PAYMENT START DATE: Payment Schedule calculat~ons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment pr~or to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on th~s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01. 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 0 1 , 2 008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEe 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 0 1 , 2 00 9 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 0 1 , 2 009 AUG 01, 2009 SEP 01, 2009 6,466.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 6,466.00 0.01 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 0.01 6,466.00 0.01 0.01 0.01 o 01 0.01 0.01 o 01 o 01 0.01 o 01 0.01 6,466.00 0.01 0.01 o 01 o 01 0.01 o 01 0.01 0.01 98.99 77.77 78.03 78.29 78 55 78.81 79.07 79.34 79.60 79.87 80.13 80.40 80.67 59.38 59.58 59.78 59.98 60.18 60.38 60 58 60.78 60.99 61.19 61.39 61.60 40 25 40.38 40 52 40 65 40 79 40.93 41 06 41 20 41.34 41 47 41 61 41.75 20 34 20 40 20 47 20 54 20.61 20 68 20.75 20.82 PAGE 1 of2 29,698 00 monthly IG 12/01/2005 12/01/2005 Principal P.alance 6,367.01 -77.76 -78.02 -78.28 -78.54 -78.80 -79.06 -79.33 -79.59 -79.86 -80.12 -80.39 6,385.33 -59.37 -59.57 -59.77 -59.97 -60.17 -60.37 -60.57 -60.77 -60.98 -61.18 -61 38 6,404.40 -40.24 -40 37 -40 51 -40.64 -40.78 -40 92 -41 05 -41.19 -41 33 -41.46 -41 60 6,424 25 -20 33 -20.39 -20.46 -20.53 -20 60 -20 67 -20 74 -20.81 ;"c~, 698 00 '-:,330.99 :,,',408.75 ;",486.77 ';;:,,565. OS .,',,643 59 '" 722 39 ,801. 45 ;,',880.78 . :- , %0.37 :,'<i, 040.23 ;'1,120.35 ;':4,200.74 J7,815.41 17.874.78 j "f ,934.35 :::',994.12 ~i',054 09 u',114 26 1'l.174.63 ~8,235.20 .L(:,295.97 18.356.95 .L'3,418.13 l3,479.51 12,075 11 1'2,115.35 12,155.72 12,196.23 ',2,236.87 U 277 65 1.2,318.57 :.2,359.62 1.2.400.81 12,442 14 12,483 60 12,525 20 6,100 95 6,121.28 6,141.67 6,162 13 6,182 66 6,203 26 6,223 93 6,244 67 6,265 48 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02773211-01 Date 2005-10-17 payment Due Payment F~n. Charge Principal ------------ ------------- -------------- -------------- OCT 01, 2009 0.01 20.88 -20.87 NOV 01, 2009 0.01 20.95 -20.94 DEC 01, 2009 0.01 21.02 -21.01 JAN 01, 2010 6,466.00 137.70 6,328.30 FEB 01, 2010 0.01 0.01 0.00 MAR 01, 2010 0.01 0.01 0 00 APR 01, 2010 0.01 0.01 0.00 MAY 01, 2010 0.01 0.01 0.00 JUN 01, 2010 0.01 0.01 0.00 JUL 01, 2010 0.01 0.01 0.00 AUG 01, 2010 0.01 0.01 0.00 SEP 01, 2010 0.01 0.01 0 00 OCT 01, 2010 0.01 0.01 0.00 NOV 01, 2010 0.01 0.01 0.00 DEC 01, 201Q 0.01 0.01 0.00 ------------ ------------- -------------- Total 32,330.55 2,632.55 29,698.00 E,,,,J ~'nce E', :;'::c" 35 6, :cc,'} 29 6,;>!-'.30 () 00 ('.00 ,).00 '; _ 00 ::i.OO (J.OO C.OO 0.00 0.00 e.oo 0.00 0.00 , , ' PAGE 2 of2 ~ ;:, <, IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02773211-01 Date' 2005-10-17 Mach/Mo~lf-l . Term Install 1J1onth: monthly Hat:e: 9SSR/001 60 11/05 5.00% Net Purchase Prlce: Payment Frequency: Option Interest Commencement Date: PAYMENT START DATE: 6/49:, :1(] mont !1~ 2' S' 12/0} 1.'005 12/0J /~.C,05 Payment' Schedule calculatlons are based on the Planned Install Date, the Inter est Commencement Date and reflect any downpayments Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver 'of the Installment Payment Master Agreement prepayment fee provlsions. Payment Due Payment Fin. Charge Prlncipal Balance ------------ ------------- -------------- ...-- - ~ ~-------- -------------- 6,495.00 JAN 01, 2006 1,443.80 27,06 1,416.74 5,078 26 FEB 01, 20(1'0 0,01 21,16 -21 1'0 5,099.41 MAR 01, 20C5 0 01 21.25 -21,2'.. 5,120,65 APR 01, 200r, 0,01 21,34 -21.33 5,141.98 MAY 01, 200l' 0,01 21 42 -21 41 5,163,39 JUN 01, 2006 0,01 21.51 -21.50 5,184.89 JUL 01, 2006 0,01 21.60 -21 59 5,206.48 AUG 01, 2006 0.01 21.69 -21.68 5,228.16 SEP 01, 2006 0,01 21,78 -21.7'.' 5.249,93 OCT 01, 2006 0.01 21.87 -21 86 5,271.79 NOV 01, 2006 0.01 21.97 -21 96 5,293.75 DEC 01, 2006 0.01 22.06 -22 05 5,315.80 JAN 01, 2007 1,443.80 22.15 ) ,421.65 3,894.15 FEB 01, 2007 0.01 16.23 -16.22 3,910.37 MAR 01, 2007 0.01 16.29 -16 28 3,926.65 APR 01, 2007 0.01 16.36 -16.35 3,943.00 MAY 01, 2007 0.01 16.43 -16.42 3,959.42 JUN 01, 2007 0.01 16.50 -16.49 3,975.91 JUL 01, 2007 0 01 16.57 -16.56 3,992 47 AUG 01, 2007 0 01 16.64 -16.63 4,009.10 SEP 01, 2007 0.01 16.70 -16 69 4,025.79 OCT 01, 2007 0 01 16.77 -16.76 4,042 55 NOV 01, 2007 0 01 16.84 -16.83 4,059.38 DEC 01, 2007 0 01 16 91 -16.90 4,076.28 JAN 01, 2008 1,443.80 16.98 1,426.82 2,649 46 FEB 01, 2008 0 01 11 04 -11 03 2,660 49 MAR 01, 2008 0.01 11 09 -11.08 2,671 57 APR 01, 2008 0 01 11 13 -11 12 2,682 69 MAY aI, 2008 0 01 11 18 -11.17 2,693 86 JUN 01, 2008 0 01 11 22 -11 21 2,705 07 JUL 01, 2008 0.01 11.27 -11.26 2,716 33 AUG 01, 2008 0 01 11.32 -11 31 2,727 64 SEP 01, 2008 0 01 11 37 -11 36 2,739 00 OCT 01, 2008 0.01 11.41 -11 40 2,750 40 NOV aI, 2008 0.01 11.46 -11.45 2,761 85 DEC 01, 2008 0 01 11 51 -11.50 2,773.35 JAN 01, 2009 1,443.80 11.56 1,432 24 1,341 11 FEB 01, 2009 0 01 5 59 -5 58 1,346.69 MAR 01, 2009 0 01 5 61 -5 60 1,352 29 APR 01, 2009 0.01 5 63 -5 62 1,357 91 MAY 01, 2009 0 01 5 66 -5 65 1,363 56 JUN 01, 2009 0 01 5.68 -5 67 1,369 23 JUL 01, 2009 0 01 5 71 -5 70 1,374 93 AUG 01, 2009 0.01 5 73 -5 72 1,380 65 SEP 01, 2009 0 01 5 75 -5 74 1,386 39 PAGE 10f2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name Reference Number Date. CITY OF PORT ANGELES Q02773211-01 2005-10-17 Payment Due Payment Fin Charge Pr1.ncipal ------------ ------------- -------------- -------------- OCT 01, 2009 0.01 5 78 -5.77 NOV 01, 2009 0.01 5 80 -5.79 DEC 01, 2009 0.01 5 82 -5.81 JAN 01, 2010 1,443.80 40.04 1,403.76 FEB 01, 2010 0.01 0 01 0.00 MAR 01, 2010 0.01 0.01 0.00 APR 01, 2010 0.01 0.01 0.00 MAY 01, 2010 0.01 0.01 0.00 JUN 01, 2010 0.01 0.01 0.00 JUL 01, 2010 0.01 0.01 0.00 AUG 01, 2010 0.01 0.01 0.00 SEP 01, 2010 0.01 0.01 0.00 OCT 01, 2010 0.01 0.01 0.00 NOV 01, 2010 0.01 0.01 0.00 DEC 01, 2010 0.01 0.01 0.00 ------------ ------------- ------- ------- Total 7,219.55 724.55 6,495.00 Balance 1,392.16 1,397.95 1,403.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name Reference Number Date: CITY OF PORT ANGELES Q02773211-01 2005-10-17 Mach/Model Term: Install Month: monthly Rate: 9SSR/OOl 60 11/05 5 00% Net Purchase Price Payment Frequency Opt~on: Interest Commencement Date' PAYMENT START DATE: Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, w~ll be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect wa~ver of the Installment Payment Master Agreement prepayment fee provi sions Payment Due Fin. Charge Payment JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 0 1 , 2 006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 0 1, 2 008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 01, 2009 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 4,794.66 0.01 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 0.01 4,794.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 o 01 4,794.66 0.01 0.01 o 01 0.01 0.01 0.01 0.01 0.01 o 01 o 01 0.01 4,794.66 0.01 o 01 o 01 o 01 o 01 0.01 o 01 o 01 89.87 70.27 70.56 70.85 71.15 71.45 71.74 72.04 72.34 72.64 72.95 73.25 73.56 53.88 54.11 54.33 54.56 54.79 55.02 55.25 55.48 55.71 55 94 56 17 56.41 36.66 36 82 36.97 37 12 37 28 37 43 37.59 37 75 37.90 38 06 38.22 38.38 18.56 18 64 18.72 18 79 18.87 18.95 19.03 19 11 PAGE 1 of 2 21,569.00 monthly S' 12/01/2005 12/01/2005 Principal Balance 4,704.79 -70.26 -70.55 -70.84 -71.14 -71.44 -71.73 -72.03 -72.33 -72.63 -72.94 -73.24 4,721.10 -53.87 -54.10 -54.32 -54.55 -54.78 -55.01 -55.24 -55.47 -55 70 -55.93 -56.16 4,738 25 -36.65 -36 81 -36.96 -37 11 -37.27 -37 42 -37 58 -37 74 -37 89 -38 05 -38 21 4,756 28 -18 55 -18 63 -18 71 -18.78 -18 86 -18.94 -19 02 -19 10 21,569.00 16,864.21 16,934.47 17,005.02 17,075.86 17,147.00 17,218.44 17,290 17 17,362.20 17,434.53 17,507.16 17,580.10 17,653.34 12,932.24 12,986 11 13,040.21 13,094.53 13,149.08 13,203.86 13,258.87 13,314.11 13,369.58 13,425.28 13,481 21 13,537.37 8,799.12 8,835.77 8,872 58 8,909.54 8,946 65 8,983 92 9,021 34 9,058 92 9,096 66 9,134 55 9,172.60 9,210 81 4,454 53 4,473 08 4,491 71 4,510 42 4,529 20 4,548 06 4,567 00 4,586 02 4,605 12 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number Q02773211-01 Date. 2005-10-17 Payment Due Payment Fln. Charge Prlncipal Balance ------------ ------------- -------------- -------------- ---.---------- OCT 01, 2009 0 01 19.19 -19.18 4,624.30 NOV 01, 2009 0.01 19 27 -19.26 4,643.56 DEC 01, 2009 0.01 19.35 -19.34 4,662.90 JAN 01, 2010 4,794.66 131.76 4,662.90 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0 00 0.00 DEe 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 23,973.85 2,404.85 21,569.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' Reference Number Date: CITY OF PORT ANGELES Q02773211-01 2005-10-17 Mach/Model Term: Install Month. monthly Rate: 9992/003 60 11/05 4.50%- Net Purchase Price' Payment Frequency. Optlon: Interest Commencement Date. PAYMENT START DATE: Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultlng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on thls schedule reflect wa1ver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 0 1, 2 006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2 007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JMT 01, 2009 FEB 01, 2009 MAR 01, 2009 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 1,886.30 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,886.30 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 0.01 o 01 1,886 30 o 01 0.01 0.01 o 01 0.01 o 01 0.01 0.01 o 01 0.01 o 01 1,886.30 0.01 0.01 o 01 0.01 o 01 0.01 0.01 0.01 32.16 25.20 25.30 25.39 25.49 25.58 25.68 25.78 25.87 25.97 26.07 26.16 26.26 19.29 19.36 19.43 19.50 19.58 19.65 19.72 19 80 19 87 19 95 20 02 20 10 13.10 13.15 13.20 13.25 13.30 13 35 13 40 13 .45 13 50 13 55 13 60 13 65 6 63 6.65 6 68 6 70 6 73 6 75 6 78 6 80 PAGE 1 of2 8,575.00 monthly 8' 12/01/2005 12/01/2005 Principal Balance 1,854.14 -25.19 -25.29 -25.38 -25.48 -25.57 -25.67 -25.77 -25.86 -25.96 -26.06 -26.15 1,860.04 -19.28 -19.35 -19.42 -19.49 -19.57 -19.64 -19.71 -19.79 -19.86 -19.94 -20.01 1,866 20 -13.09 -13 14 -13 19 -13.24 -13 29 -13 34 -13.39 -13 44 -13.49 -13 54 -13 59 1,872 65 -6 62 -6.64 -6 67 -6 69 -6 72 -6 74 -6 77 -6 79 8,575.00 6,720.86 (,,746.05 6.7'71.34 6,796.72 6,a22.20 6,U47.77 6.873.44 6,899.21 6,925.07 6,951.03 6,977.09 7,003.24 5,::'43.20 5,162.48 5,181.83 5,201 25 5,220 74 5,240.31 5,259.95 5,279 66 5,299.45 5,319.31 5,339.25 5,359.26 3,493.06 3,506 15 3,519.29 3,532.48 3,545.72 3,559 01 3,572 35 3,585 74 3,599 18 3,612 67 3,626 21 3,639 80 1,767 15 1,773.77 1,780 41 1,787.08 1,793 77 1,800 49 1,807 23 1,814 00 1,820.'79 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number' Q02773211-01 Date' 2005-10-17 Payment Due Payment Fin Charge PrJ.ncipal ------------ ------------- -------------- -------------- OCT 01, 2009 0.01 6.83 -6.82 NOV 01, 2009 0.01 6 85 -6,84 DEC 01, 2009 0.01 6.88 -6 87 JAN 01, 2010 1,886.30 44.98 1,841.32 FEB 01, 2010 0.01 0.01 0.00 MAR 01, 2010 0.01 0.01 0.00 APR 01, 2010 0.01 0.01 0.00 MAY 01, 2010 0.01 0.01 0 00 JUN 01, 2010 0.01 0.01 0.00 JUL 01, 2010 0.01 0.01 0.00 AUG 01, 2010 0.01 0 01 0.00 SEP 01, 2010 0.01 0.01 0.00 OCT 01, 2010 0.01 0.01 0.00 N6v 01, 2010 0.01 0.01 0.00 DEe 01, 2010 0.01 0.01 0.00 ------------ ------------- -------------- Total 9,432.05 857.05 8,575.00 Balance 1,827.6l 1,834.45 1,841 32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name, CITY OF PORT ANGELES Reference Number. Q02773211-01 Date: 2005-10-17 Mach/Model. Term: Install Month: monthl y Rate: 9994/001 60 11/05 6.75'1> Net Purchase Price: Payment Frequency. Option: Interest Commencement Date: PAYMENT START DATE: Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 0 1, 2 006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEe 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 0 1, 2 0 0 9 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 0 1 , 2 0 0 9 AUG 01, 2009 SEP 01, 2009 2,239.07 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,239.07 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,239.07 0.01 0.01 0.01 0.01 0.01 o 01 o 01 0.01 o 01 0.01 o 01 2,239.07 o 01 o 01 o 01 o 01 0.01 0.01 0.01 0.01 54.67 42.39 42.63 42.87 43.11 43.35 43.59 43.84 44.08 44.33 44.58 44.83 45.08 32.74 32.93 33.11 33.30 33.49 33.67 33.86 34.05 34.25 34.44 34.63 34.83 22 43 22.55 22.68 22 81 22 94 23 07 23.20 23 33 23.46 23.59 23.72 23,86 11.39 11 46 11 52 11 59 11 65 11 72 11 78 11.85 PAGE 1 of2 9,720 00 montlrly T' 12/0j/2005 12/[;1/2005 Principal B2.l<lnce 2,184.40 -42.38 -42.62 -42 86 -43.10 -43 34 -43.58 -43.83 -44.07 -44.32 -44.57 -44.82 2,193.99 -32.73 -32.92 -33.10 -33.29 -33.48 -33 66 -33.85 -34.04 -34 24 -34.43 -34.62 2,204.24 -22.42 -22.54 -22 67 -22.80 -22 93 -23 06 -23.19 -23.32 -23 45 -23 58 -23 71 2,215 21 -11.38 -11 45 -11 51 -11 58 -11 , 64 -11 71 -11 77 -11 . 84 9,'720.00 7,'33').60 '7,577 98 7,620.60 '7,063.46 7,'/06.56 .... '149,90 'J. '19., . 48 "7 I f} '3 7 . 31 ~', 881. 38 "/ , 92 S 70 7,:170.27 E,r)15.09 5,821 10 5,853.83 ::;,886.75 :~,919.85 =,,953.14 =',986.62 6,020.28 6,054.13 6,088.17 E,122.41 t,J56.84 6,191 46 ~,987 22 4,009.64 4,032 18 4,054 85 4,077.65 4,100 58 4,123.64 4,146.83 4,170 15 4,193 60 4,217.18 4,240.89 2,025.68 2,03'7 06 2,048 51 2,060 02 2,071 60 2,083 24 2,094.95 2,106 72 2,118 56 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' Reference Number Date CITY OF PORT ANGELES Q02773211-0 1 2005-10-17 Payment Due Payment Fin Charge Principal Balance -------- ~--- ------------- -------------- ----- --------- -------------- OCT 01, 2009 0.01 11.92 -11.91 2,130.47 NOV 01, 2009 0.01 11.98 -11.97 2,142.44 DEC 01, 2009 0.01 12.05 -12.04 2,154.48 JAN 01, 2010 2,239.07 84.59 2,154.48 0.00 FEB 01, 2010 0.01 0.01 0 00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0 01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 c 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- ------- ------- Total 11,195.90 1,475.90 9,720.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q027732II-01 Date' 2005-10-17 Mach/Model: Term. Install Month monthly Rate: 9BPP/004 60 11/05 6.75%- Net Purchase Price' Payment Frequency' Opt~on: Interest Commencement Date: PAYMENT START DATE Payment Schedule calculations are based on the Planned Install Dat~, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflecc waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Fin. Charge Payment JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 0 1 , 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 01, 2009 Al?R 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 BEl? 01, 2009 602.15 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 602.15 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 0.01 602 15 0.01 0.01 0.01 o 01 0.01 o 01 o 01 o 01 o 01 o 01 o 01 602 15 o 01 o 01 o 01 o 01 o 01 o 01 o 01 o 01 14.70 11.40 11.46 11.53 11.59 11.66 11.72 11.79 11.86 11 92 11.99 12.06 12.12 8.81 8.85 8.90 8.95 9.00 9.06 9.11 9.16 9.21 9.26 9.31 9 37 6.03 6 06 6.10 6.13 6 17 6 20 6 24 6 27 6.31 6 34 6.38 6 41 3 06 3.08 3 10 3 11 3 13 3 15 3 17 3 19 PAGE 1 of2 <. 2,614 00 monthly 1" 12/01/2005 12/01/2005 Principal '3alance 587.45 -11.39 -11.45 -11.52 -11.58 -11.65 -11.71 -11.78 -11 85 -11.91 -11.98 -12.05 590.03 -8.80 -8.84 -8.89 -8.94 -8.99 -9.05 -9.10 -9.15 -9 20 -9 25 -9.30 592.78 -6 02 -6.05 -6 09 -6 12 -6 16 -6 19 -6.23 -6.26 -6 30 -6 33 -6 37 595 74 -3 05 -3 07 -3 09 -3 10 -3.12 -3 14 -3 16 -3 18 :,614.00 2,026.55 ;',C37.94 2,049.39 2,060.91 2,072.49 2,084 14 2,095.85 2,107.63 2,119.48 2,131.39 2,:'.43.37 2,155.42 :i.,565.39 1.!::74.19 1.,0.83.03 1,591.92 1,600.86 1,609.85 1,618.90 1,628.00 1,637.15 1,646.35 ],655.60 1,664 90 1,072.12 1,078 14 1,084.19 1,090 28 1,096.40 1,102 56 1,108.75 1,114 98 1,121.24 1,127 54 1,133 87 1,140 24 544 50 547 55 550 62 553 71 556 81 559.93 563 07 566 23 569 41 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number Q02773211-01 Date' 2005-10-17 Payment Du;; Payment Fin Charge Princlpal Balance ------------ ------------- -------------- -------------- -.------------ OCT 01, 2009 0.01 3 20 -3 19 572.60 NOV 01, 2009 0.01 3.22 -3.21 575.81 DEC 01, 2009 0.01 3.24 -3 23 579.04 JAN 01, 2010 602.15 23.11 579.04 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0 01 0.01 0.00 0.00 APR 01, 2010 0.01 0 01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 '0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0 00 0.00 AUG 01, 2010 0.01 0.01 0 00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 ocT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0 00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 3,011.30 397.30 2,614.00 PAGE 2 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number. Q02773211-01 Date: 2005-10-17 Mach/Model' Term: Install Month: monthly Rate' 9BPP/004 60 11/05 6 75% Net Purchase Price Payment Frequency: Optlon' Interest Commencement Date: PAYMENT START DATE- 8,650 00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provl sions Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 8,650.00 JAN 01, 2006 1,992.59 48.66 1,943.93 6,706.07 FEB 01, 2006 0.01 37.72 -37.71 6,743.78 MAR 01, 2006 0.01 37.93 -37.92 6,781.70 APR 01, 2006 0.01 38.15 -38.14 6,819.84 MAY 01, 2006 0.01 38.36 -38.35 6,858.19 JUN 01, 2006 0.01 38.58 -38 57 6,896.76 JUL 01, 2006 0.01 38.79 -38.78 6,935.54 AUG 01, 2006 0.01 39.01 -39.00 6,974.54 SEP 01, 2006 0.01 39.23 -39.22 7,013.76 OCT 01, 2006 0.01 39.45 -39 44 7,053.20 NOV 01, 2006 0.01 39.67 -39.66 7,092.86 DEC 01, 2006 0.01 39.90 -39.89 7,132.75 JAN 01, 2007 1,992.59 40.12 1,952.47 5,180.28 FEB 01, 2007 0.01 29.14 -29 13 5,209.41 MAR 01, 2007 0.01 29.30 -29.29 5,238.70 APR 01, 2007 0.01 29.47 -29.46 5,268.16 MAY 01, 2007 0.01 29.63 -29.62 5,297.78 JUN 01, 2007 0.01 29.80 -29 79 5,327 57 JUL 01, 2007 0.01 29.97 -29.96 5,357 53 AUG 01, 2007 0.01 30 14 -30 13 5,387 66 SEP 01, 2007 0.01 30.31 -30.30 5,417.96 OCT 01, 2007 0.01 30.48 -30.47 5,448.43 NOV 01, 2007 0.01 30.65 -30.64 5,479.07 DEC 01, 2007 0.01 30.82 -30.81 5,509 88 JAN 01, 2008 1,992.59 30.99 1,961.60 3,548.28 FEB 01, 2008 0.01 19.96 -19 95 3,568.23 MAR 01, 2008 0.01 20.07 -20 06 3,588.29 APR 01, 2008 0.01 20 18 -20.17 3,608.46 MAY 01, 2008 0 01 20.30 -20 29 3,628 75 JUN 01, 2008 0 01 20 41 -20 40 3,649 15 JUL 01, 2008 0 01 20 53 -20 52 3,669 67 AUG 01, 2008 0.01 20.64 -20 63 3,690 30 SEP 01, 2008 0.01 20 76 -20 75 3,711.05 OCT 01, 2008 0.01 20.87 -20 86 3,731 91 NOV 01, 2008 0.01 20 99 -20.98 3,752.89 DEC 01, 2008 0 01 21.11 -21.10 3,773 99 JAN 01, 2009 1,992.59 21 23 1,971.36 1,802.63 FEB 01, 2009 0 01 10 14 -10 13 1,812 76 MAR 01, 2009 0 01 10.20 -10.19 1,822.95 APR 01, 2009 0.01 10 25 -10.24 1,833.19 MAY 01, 2009 0 01 10 31 -10.30 1,843 49 JUN 01, 2009 0 01 10 37 -10 36 1,853.85 JUL 01, 2009 0.01 10 43 -10 42 1,864.27 AUG 01, 2009 0 01 10 49 -10.48 1,874 75 SEP 01, 2009 0.01 10 55 -10 54 1,885.29 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number. Q02773211-0 1 Date' 2005-10-17 Payment Due Payment F~n. Charge Principal Balance ------------ ------------- -------------- -------------- ..- --------~--- OCT 01, 2009 0.01 10.60 -10.59 ],895.88 NOV 01, 2009 0.01 10.66 -10.65 ],906.53 DEC 01, 2009 0.01 10 72 -10.71 1,917.24 JAN 01, 2010 1,992.59 75.35 1,917.24 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0 00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0 01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0..01 0.01 0 00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 9,963.50 1,313.50 8,650.00 PAGE 2 of 2 Address of Customer INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 Single Equipment Location IBMJlPMA Customer Number 7250568/7239419 Customer Reference Location Customer Line Number No. IBMJlPMA' Machine or LPM Type/Model Feature 001 7250568 1722/60U 7239419 002 7250568 2005/B16 7239419 003 7250568 3583/L18 7239419 004 7250568 9BPP/004 7239419 005 7250568 9BPP/004 7239419 INSTALLMENT PAYMENT SUPPLEMENT Installed at Location INFORMATION TECH DIV Customer No: 7250568 325 E FIFTH ST IBM CSO Location: PAH PORT ANGELES, WA 98362-3206 Installment Payment Master Agreement No: ND52261 IPMA Amendment Nos: Quote Validity Date: 11/12/05 CSO Location Address Referenced Quote Letter No: Q0277776301 IBM CREDIT LLC 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN PAULA PASCHAL 800-426-3889 Date Prepared 11/03/05 Page 1 of 3 Supplement No: 100023834 Referenced Purchase Agreement No: Referenced License Agreement No: Referenced Trade-In Agreement No: Associated Supplement No: Estimated Installation Date or Intended Financing Date or Effective Date of Additional License IBM Plant Order or MES or Serial Number Description d,8A7100L/ FAST600 STORAGE SERVER I tJ41674 SAN B-TYPE SWITCH 16B-2 15J.~()b 7 IBM L TO UL TRIUM TAPE LIBRARY 27,303.00 Term (Number of Payment Periods) Option j Credit (From IBM Trade-In Agreement) and/or Amount Down Payment Financed Purchase Price or One-Time Charges or Other Amount State and Local Taxes Interest Rate Payment Amount Planning Date 45,965.00 45,965.00 4.00 See attached IG 60 11/30105 6,948.00 6,948.00 4.00 schedules IG 60 11/30105 27,303.00 400 2,614.00 675 8,667.00 6.75 IG 60 11/30/05 H019688 BP TAX FINANCING BP TAX FINANCING 2,614.00 8,667.00 l' 60 11/30105 l' 60 11/30105 H019689 $145,527.00 PAYMENT PERIOD Fiscal year Supplier Name Interest Total Payment Rates shown 1 Monthly 'X Annual" Start Date AGIL YSYS INC Commencement see (aJl (JagElsld reflect waiver of 2 Other (specify) 01/01 Supplier Customer no. attacne IPMA prepayment Schedule attached (check) Month/Day 2485101 schedules fee proVISions THE INSTALLMENT PAYMENT MASTER AGREEMENT ("AGREEMENT") REFERENCED ABOVE SHALL BE INCORPORATED HEREIN BY REFERENCE CUSTOMER HEREUNDER SHALL BE BOUND TO THE TERMS AND CONDITIONS OF THE AGREEMENT AS CUSTOMER THE AGREEMENT, THIS SUPPLEMENT AND ANY APPLICABLE ATTACHMENTS OR ADDENDA ARE THE COMPLETE, 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, CUSTOMER REPRESENTS AND WARRANTS THAT CUSTOMER'S NAME AS SET FORTH IN THE SIGNATURE BLOCK BELOW IS CUSTOMER'S EXACT LEGAL NAME AND THE INFORMATION IDENTIFYING CUSTOMER'S STATE OF ORGANIZATION IS TRUE, ACCURATE AND COMPLETE IN ALL RESPECTS BY SIGNING BELOW, BOTH PARTIES AGREE TO THE TERMS REPRESENTED BY THIS AGREEMENT AS IT MAY BE AMENDED OR MODIFIED DELIVERY OF AN EXECUTED COpy OF ANY OF THESE DOCUMENTS BY FACSIMILE OR OTHER RELIABLE MEANS SHALL BE DEEMED TO BE AS EFFECTIVE FOR ALL PURPOSES AS DELIVERY OF A MANUALLY EXECUTED COpy CUSTOMER ACKNOWLEDGES THAT WE MAY MAINTAIN A COpy OF THESE DOCUMENTS IN ELECTRONIC FORM AND AGREES THAT COPY REPRODUCED FROM SUCH ELECTRONIC FOR OR BY ANY OTHER RELIABLE MEANS (FOR EXAMPLE, PHOTOCOPY, IMAGE OR FACSIMILE) SHALL IN ALL RESPECTS BE CONSIDERED EQUIVALENT TO AN ORIGINAL TOTAL FROM ALL PAGES: PURCHASE PRICE OR ONE TIME CHARGES OR OTHER AMOUNT $145,52700 TRADE-IN/CREDIT DOWN PAYMENT STATE OR LOCAL TAXES AMOUNT FINANCED 'TAX ON FINANCE CHARGE (WHEN APPLICABLE THIS TAX IS PAYABLE WITH FIRST INSTALLMENT) Z125-4285-13 (07/03) . Q ~ CITY OF PORT ANGELES cus:O:R"'~ o~s ; 0" ~~~~~DJIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII /(J, ~rt't' of O"""mt,," WA 11- & - n...~ Address of Customer INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 Single Equipment Location IBMIIPMA Customer Number 7250568/7239419 Customer Reference Location Customer Line Number No. IBM/IPMA* Machine or LPM Type/Model Feature 006 7250568 9SSR/001 7239419 007 7250568 9SSR/001 7239419 008 7250568 9111/520 7239419 009 7250568 9992/003 7239419 010 7250568 9994/001 7239419 INSTAllMENT PAYMENT SUPPLEMENT Date Prepared 11/03/05 Continuation Sheet Installed at Location INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 CSO Location Address IBM CREDIT LLC 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN PAULA PASCHAL 800-426-3889 Customer No: IBM CSO Location: Installment Payment Master Agreement No: IPMA Amendment Nos: Quote Validity Date: Referenced Quote Letter No: 7250568 PAH ND52261 11/12/05 Q0277776301 Page 2 of 3 Supplement No: 100023834 Referenced Purchase Agreement No: Referenced License Agreement No: Referenced Trade-In Agreement No: Associated Supplement No: IBM Plant Order or MES or Serial Number Description Purchase Price or One-Time Charges or Other Amount Estimated Installation Date or Intended Fmancmg Date or Effective Date of Additional License Term (Number of Payment periOdS)~ j Option Credit State (From IBM Trade-In and Agreement) I Local and/or Amount Interest Payment Planning Taxes Down Payment Financed Rate Amount VI Date 4,420.00 5.00 see attached S' 60 11/30/05 21,569.00 5.00 schedules S' 60 11/30/05 H019684 REMARKETED SERVICESUITE 4,420.00 9,746.00 400 8,575 00 4.50 9,720.00 6.75 IG 60 11/30/05 S' 60 11/30/05 l' 60 11/30/05 H019685 REMARKETED SERVICESUITE 21,569.00 jOf>flJAEsERVER DESKSIDE AND RACK MO 9,746 00 H019686 RES ELLER SOURCED IBM SW 8,575.00 H019687 VENDOR SOURCED PRODS/SVCS 9,720.00 PAYMENT PERIOD 1 Monthly 'X Annual " 2 Other (specify): Schedule attached (check) " Z125-4285-13 (07/03) Additional Terms and Conditions OPTION CODES OPTION I - Loan for a Machine or a Modification OPTION IG - Loan for a Machine or a Modification financed with Tax Exempt Interest. OPTION R - Loan for a used Machine supplied by IBM Credit LLC OPTION RG- Loan for a used Machine supplied by IBM Credit LLC financed with Tax Exempt Interest OPTION S - Loan for an IBM Program or Service or a Machine or a Modification supplied by IBM Credit LLC OPTION S' - Loan for an IBM Program or Service or a Machine or a Modification supplied by IBM Credit LLC financed with Tax Exempt Interest OPTION T - Loan for a non-IBM Program or Service. OPTION T' - Loan for a non-IBM Program or Service financed with Tax Exempt Interest TAX EXEMPT REQUIREMENTS (FOR OPTIONS IG, RG, 5', and T') THE RATES IN THIS AGREEMENT ARE BASED ON YOUR UNDERLYING DEBT OBLIGATION QUALIFYING TO PAY INTEREST WHICH IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 103(a) OF THE INTERNAL REVENUE CODE (Code) Accordingly, you represent that you qualify as a State or political subdivision of a State for purposes of Section 103(a). You agree that any misrepresentation of your status under Section 103(a) IS an event of default under this agreement. You further agree to comply promptly With all Information reporting requirements of Code section 149(e) and Treasury Regulations thereunder. You also agree to file Internal Revenue Service Form 8038-G or 8038-GC whichever is appropriate, for thiS transaction. If you do not file the above IRS form on a timely baSIS or are unable upon request to demonstrate that the IRS has determined you are qualified under Section 103(a) of the Code, then you shall pay us on demand a sum to be determined by us that Will return to us the economic results we would otherwise have received. PREPAYMENT AND PREPAYMENT FEE Section 3.5 - Prepayment - replace the fourth sentence With. "You may prepay any Transaction by paYing all outstanding amounts due plus any acrued interest charges not yet billed, the remaining principal balance and any prepayment fee." The prepayment fee shall be the sum of our unrecovered administrative expense and any change to our funding costs. The unrecovered administrative expense portion of the prepayment fee Will be determined uSing a factor of 2.50% multiplied by the remaining Transaction principal. The change in funding costs portion of the prepayment fee will: a) only be Incurred If Interest rates, based upon the 2-year Treasury Rate averages as published by the Federal Reserve, decline from the date Interest starts to the date of the prepayment and b) If Incurred, be determined using a factor of 2.8 multiplied by the change In the 3-year Treasury Rates and then multiplied by the remaining Transaction principal The 2.8 factor Will decrease With the number of months remaining in the original term of the Agreement WARRANTY DISCLAIMER: Any warranties associated with Products or Services chosen by you and financed by us may be available to you under the terms of any applicable agreement between you and the prOVider of such Products or Services. UNDER THIS AGREEMENT, WE MAKE 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, AND YOU TAKE THE PRODUCTS AND/OR SERVICES "AS IS". IN NO EVENT WILL WE HAVE ANY LIABILITY FOR, NOR WILL YOU HAVE ANY REMEDY UNDER THIS Z125-4285-13 (07103) Supplement Number 100023834 AGREEMENT AGAINST US FOR CONSEQUENTIAL DAMAGES, ANY LOSS OF PROFITS OR SAVINGS, LOSS OF USE, OR ANY OTHER COMMERCIAL LOSS. The following amend the Installment Payment Master Agreement referenced on page 1. Section 1 1 - Definitions - Date of Installation for a Program -- replace Item b With the follOWing: "the second bUSiness day after the Program's standard transit allowance period " Section 4 1. - Events of Default - add the following: 8. you make any misrepresentation relating to Information or Invoices you prOVide to us; or 9 you use any funds you receive from us for any purpose other than to acquire the specific Product herein Section 4.2. - Remedies - at the end of the first paragraph add the follOWing' "6 - require you to surrender to us for return to licensor or owner all licensed program materials financed hereunder and to destroy any and all copies thereof" At the end of the Section add a new paragraph to read as follows "You agree that: (I) 1 0 days prior written notice shall constitute adequate notice of diSpOSition of any Machine, Modification or Addition, (II) we have no obligation to cleanup or otherwise prepare the Machine, Modification or Addition for dlspositon and (III) that any dispOSition of a Machine, Modification or Addition will be conveyed on an "AS IS" baSIS and we may disclaim any and all warranties" Section 4.3. - Security Interest - delete the first and second paragraphs In their entirety and replace With the follOWing "You hereby grant to us a first priority security interest in each Machine, Modification or Addition together With all related software (embedded therein or otherwise) and all attachments, accessories, accessions and upgrades thereto and any and all substitutions, replacements or exchanges for any such Machine, ModificatIOn or Addition and any related software and any and all proceeds of any of the foregoing, including, Without limitation, payments under insurance or any Indemnity or warranty relating to loss or damage to such Machine, Modification, Addition or software. You hereby authOrize us to file Uniform CommerCial Code (UCC) finanCing statements relating to each Machine, Modification, Addition and all related software (embedded or otherwise) listed on thiS Supplement. You Will cooperate With us to maintain our perfected first priority security interest In all Machines, Modifications, or Additions and any related software financed hereunder." Terms for non-IBM Equipment and for Equipment not sourced from IBM; when non-IBM Equipment and/or a Supplier other than IBM is specified on the front of this Supplement, these terms apply. Section 2.1 - Machines - replace the first sentence with the follOWing: "We finance charges for Machines you purchase from us or your supplier." Section 2.2 - Modifications and Additions - replace the first sentence with the follOWing: "We finance charges for Modifications and Additions you purchase from IBM, IBM Credit or your supplier." Section 2.3 - Other Charges - add the following to the end of the section: "We may agree to finance one-time charges from your supplier." Section 2.4 - Discounts, Allowances and Adjustments - replace the first sentence With the following: "The purchase price or one-time charge we finance is the same amount that you would have paid us or your supplier after all discounts and adjustments." Section 3 2 - Interest Commencement - replace the entire section With the follOWing "Unless otherwise speCified In the Supplement, Interest starts on (for OPTIONS IG, RG, S', and T' transactions, Interest starts on the first day of the month follOWing) the acceptance date you indicate on a certificate." Page 3 of 3 --- - --~- - ---- - ~ ---- ---- - - - --- ==~= -:- = CERTIFICATE OF ACCEPTANCE Page 1 of 3 Credit LLC Customer Number: 7250568 Address INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 lender's Office Address 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN: PAULA PASCHAL Customer Reference: Agreement Number: ND52261 Supplement No: 100023834 Location Leased/Financed Item Plant Order Contract Serial No. Manufacturer's Serial No. Customer Type Model or MES No. Description 7250568 1722 60U FAST600 STORAGE SERVER 7250568 2005 B16 SAN B-TYPE SWITCH 16B-2 7250568 3583 L18 IBM LTO ULTRIUM TAPE LIB 7250568 9BPP 004 H019688 H019688 BP TAX FINANCING 7250568 9BPP 004 H019689 H019689 BP TAX FINANCING 7250568 9SSR 001 H019684 H019684 REMARKETED SERVICESUITE 7250568 9SSR 001 H019685 H019685 REMARKETED SERVICESUITE 7250568 9111 520 ESERVER DESKSIDE AND RAC 7250568 9992 003 H019686 H019686 RESELLER SOURCED IBM SW THE UNDERSIGNED ("CUSTOMER") IS A LESSEE OR CUSTOMER UNDER THE AGREEMENT REFERENCED ABOVE ("AGREEMENT") WITH EITHER IBM CREDIT LLC OR INTERNATIONAL BUSINESS MACHINES CORPORATION (IN EITHER CASE, "LENDER"). CUSTOMER REPRESENTS AND CERTIFIES THAT THE ITEMS LISTED ABOVE, LISTED ON INVOICES ATTACHED, OR ITEMIZED ON AN ATTACHMENT TO THIS CERTIFICATE OF ACCEPTANCE ("ACCEPTED ITEMS") HAVE BEEN ACCEPTED BY CUSTOMER ON THE DATE INDICATED BELOW AND LABELS, IF SUPPLIED, HAVE BEEN AFFIXED TO EACH ACCEPTED ITEM OF EQUIPMENT. CUSTOMER AUTHORIZES LENDER TO PAY CUSTOMER'S SUPPLIER FOR THE ACCEPTED ITEMS. AMOUNTS DUE UNDER THE AGREEMENT SHALL COMMENCE UPON THE DATE CUSTOMER INDICATES BELOW UNLESS OTHERWISE NOTED BY LENDER ON THE SUPPLEMENT. IF CUSTOMER IS SUBJECT TO PROCUREMENT OR APPROPRIATION LAWS OR REGULATIONS, CUSTOMER REPRESENTS AND CERTIFIES THAT LENDER'S DIRECT PAYMENT TO CUSTOMER'S SUPPLIER FOR THE INVOICE AMOUNTS INDICATED ON THIS CERTIFICATE OF ACCEPTANCE WILL BE IN FULL COMPLIANCE WITH ANY AND ALL RELEVANT STATE LAWS AND REGULATIONS OR ANY OTHER LEGAL REQUIREMENTS RELATING TO CUSTOMER'S PROCUREMENT OR APPROPRIATION ACTIVITIES. IN ORDER FOR THIS CERTIFICATE OF ACCEPTANCE TO BE EFFECTIVE, CUSTOMER MUST PROVIDE LENDER WITH SERIAL NUMBERS FOR EACH ACCEPTED ITEM OF EQUIPMENT. CUSTOMER AUTHORIZES LENDER TO COMPLETE OR UPDATE ANY EQUIPMENT IDENTIFICATION INFORMATION ON THE REFERENCED AGREEMENT OR SUPPLEMENT TO THE AGREEMENT FOR ANY ACCEPTED ITEM OF EQUIPMENT WITHOUT FURTHER ACTION OR CONSENT BY CUSTOMER. DELIVERY OF AN EXECUTED COPY OF THIS CERTIFICATE OF ACCEPTANCE BY FACSIMILE OR ANY OTHER RELIABLE MEANS SHALL BE DEEMED TO BE AS EFFECTIVE FOR ALL PURPOSES AS DELIVERY OF A MANUALLY EXECUTED COPY. CUSTOMER UNDERSTANDS THAT LENDER MAY MAINTAIN A COPY OF THIS CERTIFICATE IN ELECTRONIC FORM AND AGREES THAT A COPY PRODUCED 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. BY SIGNING BELOW, CUSTOMER REPRESENTS AND WARRANTS THAT CUSTOMER'S NAME AS SET FORTH IN THE SIGNATURE BLOCK BELOW IS CUSTOMER'S EXACT LEGAL NAME AND THE INFORMATION IDENTIFYING CUSTOMER'S STATE OF ORGANIZATION IS TRUE, ACCURATE AND COMPLETE IN ALL RESPECTS. RENT COMMENCEMENT DATE: u } -:>.. c::, Ie s (Must be Completed) \QJIJ\J~ State of Organization PLEASE RETURN TO LENDER OFFICE ADDRESS OR FAX NUMBER LISTED ABOVE WITHIN 10 DAYS OF RECEIPT Z125-5137-14 (OB/05) --. -- - --...-. - - - --.- - --- -... ---- - - - --- ==~= -: = Credit LLC Customer Number: 7250568 Address INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES. WA 98362-3206 Location Leased/Financed Item Customer Type Model 7250568 9994 001 2125-5137-14 (08/05) CERTIFICATE OF ACCEPTANCE Page 2 of 3 Lender's Office Address 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN: PAULA PASCHAL Customer Reference: Agreement Number: ND52261 Supplement No: 100023834 Plant Order or MES No. Contract Serial No. Manufacturer's Serial No_ Description H019687 H019687 VENDORSOURCEDPRODUCT~SVCS --- -- - --..... - - - ---- - ~ ---- ---- - - - --- ==~=':-= CERTIFICATE OF ACCEPTANCE Page 3 of 3 Credit LLC Customer Number: 7250568 Address INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 lender's Office Address 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN: PAULA PASCHAL Customer Reference: Agreement Number: ND52261 Supplement No: ID0023834 Location Leased/Financed Item Customer Type Model Plant Order or MES No Contract Serial No. Manufacturer's Serial No. Description Supplier Supplier Invoice Information (InVOices May Be Attached) Invoice Number Invoice Date Invoice Amount 1. 2. 3. 4. 5. 6. TOTAL I 0.00 Z125-5137-14 (08/05) IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number. Q02777763-01 Date 2005-11-02 Mach/Model: Term: Install Month: monthly Rate. 1722/60U 60 11/05 4.00% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date' PAYMENT START DATE: 45,965 00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any down payments. Payments and charges resulting from loan prepayment prior to the stated end of term, WIll be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee prOVISions. Payment Due Payment Fin. Charge PrJ_nc~pal Balance ------------ ------------- -------------- -------------- -------------- 45,965.00 JAN 01, 2006 10,007.45 153.22 9,854.23 36,110.77 FEB 01, 2006 0.01 120.37 -120.36 36,231.13 MAR 01, 2006 0.01 120.77 -120.76 36,351.89 APR 01, 2006 0.01 121. 17 -121.16 36,473.05 MAY 01, 2006 0.01 121.58 -121.57 36,594.62 JUN 01, 2006 0.01 121.98 -121.97 36,716.59 JUL 01, 2006 0.01 122.39 -122.38 36,838.97 AUG 01, 2006 0.01 122.80 -122.79 36,961.76 SEP 01, 2006 0.01 123.21 -123.20 37,084.96 OCT 01, 2006 0.01 123.62 -123.61 37,208.57 NOV 01, 2006 0.01 124.03 -124.02 37,332.59 DEC 01, 2006 0.01 124.44 -124.43 37,457.02 JAN 01, 2007 10,007.45 124.86 9,882.59 27,574.43 FEB 01, 2007 0.01 91.91 -91.90 27,666.33 MAR 01, 2007 0.01 92.22 -92.21 27,758.54 APR 01, 2007 0.01 92.53 -92.52 27,851. 06 MAY 01, 2007 0.01 92.84 -92.83 27,943.89 JUN 01, 2007 0.01 93.15 -93.14 28,037.03 JUL 01, 2007 0.01 93.46 -93.45 28,130.48 AUG 01, 2007 0.01 93.77 -93.76 28,224.24 SEP 01, 2007 0.01 94.08 -94.07 28,318.31 OCT 01, 2007 0.01 94.39 - 94 .38 28,412.69 NOV 01, 2007 0.01 94.71 -94.70 28,507.39 DEC 01, 2007 0.01 95.02 -95.01 28,602.40 JAN 01, 2008 10,007.45 95.34 9,912.11 18,690.29 FEB 01, 2008 0.01 62.30 -62.29 18,752.58 MAR aI, 2008 0.01 62 51 -62.50 18,815.08 APR 01, 2008 0.01 62.72 -62.71 18,877.79 MAY 01, 2008 0.01 62.93 - 62.92 18,940.71 JUN 01, 2008 0.01 63.14 -63.13 19,003.84 JUL 01, 2008 0.01 63.35 -63.34 19,067.18 AUG 01, 2008 0.01 63.56 -63.55 19,130.73 SEP 01, 2008 0.01 63.77 -63.76 19,194.49 OCT 01, 2008 0.01 63.98 -63.97 19,258.46 NOV 01, 2008 0.01 64.19 -64.18 19,322.64 DEC 01, 2008 0.01 64.41 -64.40 19,387.04 JAN 01, 2009 10,007.45 64.62 9,942.83 9,444.21 FEB 01, 2009 0.01 31. 48 -31.47 9,475.68 MAR 01, 2009 0.01 31.59 -31.58 9,507.26 APR 01, 2009 0.01 31.69 -31 68 9,538.94 MAY 01, 2009 0.01 31.80 -31.79 9,570.73 JUN 01, 2009 0.01 31.90 -31.89 9,602.62 JUL 01, 2009 0.01 32.01 -32.00 9,634.62 AUG 01, 2009 0.01 32 12 -32.11 9,666.73 SEP 01, 2009 0.01 32.22 -32.21 9,698.94 OCT 01, 2009 0.01 32.33 -32.32 9,731.26 NOV 01, 2009 0.01 32.44 -32.43 9,763.69 PAGE1of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date' 2005-11-02 Payment Due Payment Fln. Charge Prlnclpal Balance ------------ ------------- -------------- -------------- -------------- DEC 01, 2009 0.01 32.55 -32.54 9,796.23 JAN 01, 2010 10,007.45 211.22 9,796.23 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 50,037.80 4,072.80 45,965 00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q02777763-0 1 Date' 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 2005/B16 60 11/05 4.00% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 6,948.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculat10ns are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect wa1ver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 01, 2009 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 1, 512 . 71 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,512.71 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,512.71 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,512.71 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 23.16 18.19 18.26 18.32 18.38 18.44 18.50 18.56 18.62 18.69 18.75 18.81 18.87 13.89 13.94 13.99 14.03 14.08 14.13 14.17 14.22 14.27 14.32 14.36 14.41 9.42 9.45 9 48 9.51 9.54 9.57 9.61 9.64 9.67 9.70 9.74 9.77 4.76 4.77 4.79 4.81 4.82 4 84 4.85 4.87 1,489.55 -18.18 -18.25 -18.31 -18.37 -18.43 -18.49 -18.55 -18.61 -18.68 -18 74 -18.80 1,493.84 -13.88 -13 . 93 -13.98 -14.02 -14.07 -14.12 -14.16 -14.21 -14.26 -14.31 -14.35 1,498.30 -9.41 -9.44 -9.47 -9.50 -9.53 -9.56 -9.60 -9.63 -9.66 -9 69 -9.73 1,502.94 -4.75 -4.76 -4.78 -4.80 -4.81 -4.83 -4.84 -4.86 6,948.00 5,458.45 5,476.63 5,494.88 5,513 .19 5,531.56 5,549.99 5,568.48 5,587.03 5,605.64 5,624.32 5,643.06 5,661.86 4,168.02 4,181.90 4,195.83 4,209.81 4,223.83 4,237.90 4,252.02 4,266.18 4,280.39 4,294.65 4,308.96 4,323.31 2,825.01 2,834.42 2,843.86 2,853.33 2,862.83 2,872.36 2,881.92 2,891.52 2,901.15 2,910.81 2,920.50 2,930.23 1,427.29 1,432.04 1,436.80 1,441 58 1,446.38 1,451.19 1,456.02 1,460.86 1,465.72 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Payment Due Payment Fln. Charge Prlncipal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 4.89 -4.88 1,470.60 NOV 01, 2009 0.01 4.90 -4.89 1,475.49 DEC 01, 2009 0.01 4.92 -4.91 1,480.40 JAN 01, 2010 1,512.71 32.31 1,480.40 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0 00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 --------....--- ------------- -------------- Total 7,564.10 616.10 6,948.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02777763-0 1 Date 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9111/520 60 11/05 4.00% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 9,746.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculat~ons a~e based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment pr~or to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect wa~ver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 9,746.00 JAN 01, 2006 2,121.89 32.49 2,089.40 7,656 60 FEB 01, 2006 0.01 25.52 -25.51 7,682.11 MAR 01, 2006 0.01 25.61 -25.60 7,707.71 APR 01, 2006 0.01 25.69 -25.68 7,733 39 MAY 01, 2006 0.01 25.78 -25.77 7,759.16 JUN 01, 2006 0.01 25.86 -25.85 7,785.01 JUL 01, 2006 0.01 25.95 -25.94 7,810.95 AUG 01, 2006 0.01 26.04 -26.03 7,836.98 SEP 01, 2006 0.01 26 12 -26.11 7,863.09 OCT 01, 2006 0.01 26.21 -26.20 7,889.29 NOV 01, 2006 0.01 26.30 -26.29 7,915.58 DEC 01, 2006 0.01 26.39 -26.38 7,941. 96 JAN 01, 2007 2,121.89 26.47 2,095.42 5,846.54 FEB 01, 2007 0.01 19.49 -19.48 5,866.02 MAR 01, 2007 0.01 19.55 -19.54 5,885.56 APR 01, 2007 0.01 19.62 -19 61 5,905.17 MAY 01, 2007 0.01 19.68 -19.67 5,924.84 JUN 01, 2007 0.01 19.75 -19.74 5,944.58 JUL 01, 2007 0.01 19.82 -19.81 5,964.39 AUG 01, 2007 0.01 19.88 -19 87 5,984.26 SEP 01, 2007 0.01 19.95 -19.94 6,004.20 OCT 01, 2007 0.01 20.01 -20 00 6,024.20 NOV 01, 2007 0.01 20.08 -20.07 6,044.27 DEC 01, 2007 0.01 20.15 -20.14 6,064.41 JAN 01, 2008 2,121.89 20.21 2,101.68 3,962.73 FEB 01, 2008 0.01 13 .21 -13.20 3,975.93 MAR 01, 2008 0.01 13 .25 -13 . 24 3,989.17 APR 01, 2008 0.01 13.30 -13.29 4,002.46 MAY 01, 2008 0.01 13.34 -13.33 4,015.79 JUN 01, 2008 0.01 13 .39 -13.38 4,029.17 JUL 01, 2008 0.01 13 .43 -13.42 4,042.59 AUG 01, 2008 0.01 13 .48 -13.47 4,056.06 SEP 01, 2008 0.01 13.52 -13.51 4,069.57 OCT 01, 2008 0 01 13.57 -13 . 56 4,083.13 NOV 01, 2008 0.01 13.61 -13.60 4,096.73 DEC 01, 2008 0.01 13.66 -13.65 4,110.38 JAN 01, 2009 2,121.89 13.70 2,108 19 2,002.19 FEB 01, 2009 0.01 6.67 -6.66 2,008.85 MAR 01, 2009 0.01 6.70 -6.69 2,015.54 APR 01, 2009 0.01 6.72 -6.71 2,022.25 MAY 01, 2009 0.01 6.74 -6.73 2,028.98 JUN 01, 2009 0.01 6.76 -6.75 2,035.73 JUL 01, 2009 0.01 6.79 -6 78 2,042.51 AUG 01, 2009 0.01 6.81 -6 80 2,049.31 SEP 01, 2009 0.01 6.83 -6.82 2,056.13 PAGE 1 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number: Q02777763-01 Date' 2005-11-02 Payment Due Payment Fin. Charge Princlpal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 6.85 -6.84 2,062.97 NOV 01, 2009 0.01 6.88 -6.87 2,069.84 DEC 01, 2009 0.01 6.90 -6.89 2,076.73 JAN 01, 2010 2,121.89 45.16 2,076.73 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 10,610.00 864.00 9,746.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02777763-01 Date: 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 3583/L18 60 11/05 4.00% Net Purchase Pr~ce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 27,303.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on th~s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment F~n. Charge P~~nc~pal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 01, 2009 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 5,944.38 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 5,944.38 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 5,944.38 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 5,944 38 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 91.01 71.50 71.74 71.98 72 .22 72.46 72.70 72.94 73.18 73.43 73.67 73.92 74.16 54.60 54.78 54.96 55.14 55.33 55.51 55.70 55.88 56.07 56.26 56.44 56.63 37.01 37.13 37.25 37 38 37 50 37.63 37.75 37.88 38.00 38.13 38.26 38.39 18 70 18.76 18.82 18.89 18.95 19.01 19.08 19 14 5,853.37 -71.49 -71.73 -71 97 -72.21 -72.45 -72.69 -72.93 -73.17 -73.42 -73.66 -73.91 5,870.22 -54.59 -54.77 -54.95 -55.13 -55.32 -55.50 -55.69 -55.87 -56.06 -56.25 -56.43 5,887.75 -37.00 -37.12 -37.24 -37.37 -37.49 -37.62 -37.74 -37.87 -37.99 -38.12 -38.25 5,905.99 -18.69 -18 75 -18 81 -18.88 -18.94 -19.00 -19.07 -19.13 27,303.00 21,449.63 21,521. 12 21,592.85 21,664.82 21,737.03 21,809.48 21,882.17 21,955.10 22,028.27 22,101. 69 22,175.35 22,249.26 16,379.04 16,433.63 16,488.40 16,543.35 16,598.48 16,653 80 16,709.30 16,764.99 16,820.86 16,876.92 16,933 17 16,989.60 11,101.85 11,138.85 11,175.97 11,213.21 11,250.58 11,288.07 11,325.69 11,363.43 11,401.30 11,439.29 11,477 .41 11,515.66 5,609.67 5,628.36 5,647.11 5,665.92 5,684.80 5,703.74 5,722.74 5,741.81 5,760.94 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02777763-01 Date: 2005-11-02 Payment Due Payment Fin. Charge Pn.ncipal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 19.20 -19.19 5,780.13 NOV 01, 2009 0.01 19.27 -19.26 5,799.39 DEC 01, 2009 0.01 19.33 -19.32 5,818.71 JAN 01, 2010 5,944.38 125.67 5,818.71 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 29,722.45 2,419.45 27,303.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name Reference Number Date. CITY OF PORT ANGELES Q02777763-01 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9SSR/00l 60 11/05 5.00% Net Purchase Pr1ce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 4,420.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result1ng from loan prepayment prior to the stated end of term, w1ll be based on the actual Install Date and Interest Commencement Date. The payments on th1s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provis1ons. Payment Due Payment Fin. Charge Principal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 01, 2009 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 982.54 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 982.54 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 0.01 0.01 982 54 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 982.54 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 18.42 14.40 14.46 14.52 14.58 14.64 14.70 14.76 14.82 14.89 14.95 15.01 15.07 11.04 11.09 11.13 11.18 11.23 11.27 11.32 11.37 11.41 11.46 11.51 11.56 7.51 7.54 7.57 7.61 7.64 7.67 7.70 7.73 7.77 7.80 7.83 7.86 3.80 3 82 3 83 3.85 3.87 3.88 3.90 3.91 964 . 12 -14.39 -14.45 -14.51 -14.57 -14.63 -14.69 -14.75 -14.81 -14.88 -14.94 -15.00 967.47 -11.03 -11.08 -11 . 12 -11.17 -11.22 -11.26 -11.31 -11.36 -11.40 -11 45 -11.50 970.98 -7.50 -7.53 -7.56 -7.60 -7.63 -7.66 -7.69 -7.72 -7.76 -7.79 -7.82 974.68 -3.79 -3.81 -3.82 -3.84 -3.86 -3.87 -3.89 -3.90 4,420.00 3,455.88 3,470.27 3,484 72 3,499.23 3,513 . 80 3,528.43 3,543.12 3,557.87 3,572.68 3,587.56 3,602.50 3,617.50 2,650.03 2,661.06 2,672.14 2,683.26 2,694.43 2,705.65 2,716.91 2,728.22 2,739.58 2,750.98 2,762.43 2,773.93 1,802.95 1,810.45 1,817.98 1,825.54 1,833.14 1,840 77 1,848 43 1,856 12 1,863.84 1,871 60 1,879.39 1,887.21 912.53 916 32 920.13 923.95 927.79 931.65 935.52 939.41 943.31 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Payment Due Payment Fln. Charge Prlnclpal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 3.93 -3.92 947.23 NOV 01, 2009 0.01 3.95 -3.94 951.17 DEC 01, 2009 0.01 3.96 -3.95 955.12 JAN 01, 2010 982.54 27.42 955.12 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 4,913.25 493.25 4,420.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: Reference Number Date: CITY OF PORT ANGELES Q02777763-01 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9SSR/001 60 11/05 5.00% Net Purchase Prlce: Payment Frequency: Optlon: Interest Commencement Date: PAYMENT START DATE: 21,569.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculatlons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on thlS schedule reflect walver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 21,569.00 JAN 01, 2006 4,794.67 89.87 4,704.80 16,864.20 FEB 01, 2006 0.01 70.27 -70.26 16,934.46 MAR 01, 2006 0.01 70.56 -70.55 17,005.01 APR 01, 2006 0.01 70.85 -70.84 17,075.85 MAY 01, 2006 0.01 71.15 -71.14 17,146.99 JUN 01, 2006 0.01 71.45 -71.44 17,218.43 JUL 01, 2006 0.01 71.74 -71.73 17,290.16 AUG 01, 2006 0.01 72.04 -72.03 17,362.19 SEP 01, 2006 0.01 72.34 -72.33 17,434 52 OCT 01, 2006 0.01 72 .64 -72.63 17,507.15 NOV 01, 2006 0.01 72.95 -72.94 17,580.09 DEC 01, 2006 0.01 73.25 -73.24 17,653.33 JAN 01, 2007 4,794.67 73.56 4,721.11 12,932.22 FEB 01, 2007 0.01 53.88 -53.87 12,986.09 MAR 01, 2007 0.01 54.11 -54.10 13,040.19 APR 01, 2007 0.01 54.33 -54.32 13,094.51 MAY 01, 2007 0.01 54.56 -54.55 13,149.06 JUN 01, 2007 0.01 54.79 -54.78 13,203.84 JUL 01, 2007 0.01 55.02 -55.01 13,258.85 AUG 01, 2007 0.01 55.25 -55.24 13,314.09 SEP 01, 2007 0 01 55.48 -55.47 13,369.56 OCT 01, 2007 0.01 55.71 -55.70 13,425.26 NOV 01, 2007 0.01 55.94 -55.93 13,481.19 DEe 01, 2007 0.01 56.17 -56.16 13,537.35 JAN 01, 2008 4,794.67 56.41 4,738.26 8,799.09 FEB 01, 2008 0.01 36.66 -36.65 8,835.74 MAR 01, 2008 0.01 36.82 -36.81 8,872.55 APR 01, 2008 0.01 36.97 -36.96 8,909.51 MAY 01, 2008 0.01 37.12 -37.11 8,946.62 JUN 01, 2008 0.01 37.28 -37.27 8,983.89 JUL 01, 2008 0.01 37.43 -37.42 9,021 31 AUG 01, 2008 0.01 37.59 -37.58 9,058.89 SEP 01, 2008 0.01 37.75 -37.74 9,096.63 OCT 01, 2008 0.01 37.90 -37.89 9,134 52 NOV 01, 2008 0.01 38.06 -38.05 9,172.57 DEC 01, 2008 0.01 38.22 -38.21 9,210.78 JAN 01, 2009 4,794.67 38.38 4,756.29 4,454.49 FEB 01, 2009 0.01 18.56 -18.55 4,473 04 MAR 01, 2009 0.01 18.64 -18.63 4,491.67 APR 01, 2009 0.01 18.72 -18.71 4,510.38 MAY 01, 2009 0.01 18.79 -18.78 4,529.16 JUN 01, 2009 0.01 18.87 -18.86 4,548.02 JUL 01, 2009 0.01 18.95 -18.94 4,566.96 AUG 01, 2009 0.01 19.03 -19.02 4,585.98 SEP 01, 2009 0.01 19.11 -19.10 4,605.08 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' Reference Number Date: CITY OF PORT ANGELES Q02777763-01 2005-11-02 Payment Due Payment Fin. Charge Principal Balance ----------~- ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 19.19 -19.18 4,624.26 NOV 01, 2009 0.01 19.27 -19.26 4,643.52 DEC 01, 2009 0.01 19.35 -19.34 4,662.86 JAN 01, 2010 4,794.67 131.81 4,662.86 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 23,973.90 2,404.90 21,569.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date' 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9992/003 60 11/05 4.50% Net Purchase Pr1ce: Payment Frequency: Opt1on: Interest Commencement Date: PAYMENT START DATE: 8,575.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculat10ns are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on th1s schedule reflect wa1ver of the Installment Payment Master Agreement prepayment fee prov1s1ons. Payment Due Payment F1n. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 8,575.00 JAN 01, 2006 1,886.42 32.16 1,854.26 6,720.74 FEB 01, 2006 0.01 25.20 -25.19 6,745.93 MAR 01, 2006 0.01 25.30 -25.29 6,771.22 APR 01, 2006 0.01 25.39 -25.38 6,796.60 MAY 01, 2006 0.01 25.49 -25.48 6,822.08 JUN 01, 2006 0.01 25.58 -25.57 6,847.65 JUL 01, 2006 0.01 25.68 -25 67 6,873.32 AUG 01, 2006 0.01 25.77 -25.76 6,899.08 SEP 01, 2006 0.01 25.87 -25.86 6,924.94 OCT 01, 2006 0.01 25.97 -25.96 6,950.90 NOV 01, 2006 0.01 26.07 -26 06 6,976.96 DEC 01, 2006 0.01 26.16 -26.15 7,003.11 JAN 01, 2007 1,886.42 26.26 1,860.16 5,142.95 FEB 01, 2007 0.01 19.29 -19.28 5,162.23 MAR 01, 2007 0.01 19.36 -19.35 5,181.58 APR 01, 2007 0.01 19.43 -19.42 5,201.00 MAY 01, 2007 0.01 19.50 -19.49 5,220.49 JUN 01, 2007 0.01 19.58 -19.57 5,240.06 JUL 01, 2007 0.01 19.65 -19.64 5,259.70 AUG 01, 2007 0.01 19.72 -19.71 5,279.41 SEP 01, 2007 0.01 19.80 -19.79 5,299.20 OCT 01, 2007 0.01 19.87 -19.86 5,319.06 NOV 01, 2007 0.01 19.95 -19.94 5,339.00 DEC 01, 2007 0.01 20.02 -20.01 5,359.01 JAN 01, 2008 1,886.42 20.10 1,866.32 3,492.69 FEB 01, 2008 0.01 13 .10 -13.09 3,505.78 MAR 01, 2008 0.01 13 .15 -13 .14 3,518.92 APR 01, 2008 0.01 13.20 -13.19 3,532.11 MAY 01, 2008 0.01 13.25 -13.24 3,545.35 JUN 01, 2008 0.01 13.30 -13.29 3,558.64 JUL 01, 2008 0.01 13.34 -13.33 3,571.97 AUG 01, 2008 0.01 13.39 -13.38 3,585.35 SEP 01, 2008 0.01 13 .45 -13.44 3,598.79 OCT 01, 2008 0.01 13.50 -13.49 3,612.28 NOV 01, 2008 0.01 13.55 -13 . 54 3,625.82 DEC 01, 2008 0.01 13.60 -13.59 3,639.41 JAN 01, 2009 1,886.42 13.65 1,872.77 1,766.64 FEB 01, 2009 0.01 6.62 -6.61 1,773.25 MAR 01, 2009 0 01 6.65 -6.64 1,779.89 APR 01, 2009 0 01 6.67 -6.66 1,786.55 MAY 01, 2009 0.01 6.70 -6 69 1,793.24 JUN 01, 2009 0.01 6.72 -6.71 1,799.95 JUL 01, 2009 0.01 6.75 -6.74 1,806.69 AUG 01, 2009 0.01 6.78 -6.77 1,813.46 SEP 01, 2009 0.01 6.80 -6.79 1,820.25 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Payment Due Payment Fin. Charge Pn.nclpal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 6.83 -6.82 1,827.07 NOV 01, 2009 0.01 6.85 -6.84 1,833.91 DEC 01, 2009 0.01 6.88 -6.87 1,840.78 JAN 01, 2010 1,886.42 45.64 1,840.78 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 9,432.65 857.65 8,575.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date. 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9994/001 60 11/05 6.75% Net Purchase Price: Payment Frequency: OptJ.on: Interest Commencement Date: PAYMENT START DATE: 9,720.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultJ.ng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisJ.ons. Payment Due Payment Fin. Charge PrincJ.pal Balance --------~--- ------------- -------------- -------------- -------------- 9,720.00 JAN 01, 2006 2,239.07 54.67 2,184 40 7,535.60 FEB 01, 2006 0.01 42.39 -42.38 7,577.98 MAR 01, 2006 0.01 42.63 -42.62 7,620.60 APR 01, 2006 0.01 42.87 -42.86 7,663.46 MAY 01, 2006 0.01 43.11 -43.10 7,706.56 JUN 01, 2006 0.01 43.35 -43.34 7,749.90 JUL 01, 2006 0.01 43.59 -43.58 7,793.48 AUG 01, 2006 0.01 43.84 -43.83 7,837.31 SEP 01, 2006 0.01 44.08 -44.07 7,881.38 OCT 01, 2006 0.01 44.33 -44.32 7,925.70 NOV 01, 2006 0.01 44.58 -44.57 7,970.27 DEC 01, 2006 0.01 44.83 -44.82 8,015.09 JAN 01, 2007 2,239.07 45.08 2,193.99 5,821.10 FEB 01, 2007 0.01 32.74 -32.73 5,853.83 MAR 01, 2007 0.01 32.93 -32.92 5,886.75 APR 01, 2007 0.01 33.11 -33.10 5,919.85 MAY 01, 2007 0.01 33.30 -33.29 5,953.14 JUN 01, 2007 0.01 33.49 -33.48 5,986.62 JUL 01, 2007 0.01 33.67 -33.66 6,020.28 AUG 01, 2007 0.01 33.86 -33.85 6,054.13 SEP 01, 2007 0.01 34.05 -34.04 6,088 17 OCT 01, 2007 0.01 34.25 -34.24 6,122.41 NOV 01, 2007 0.01 34.44 -34.43 6,156.84 DEC 01, 2007 0.01 34.63 -34.62 6,191.46 JAN 01, 2008 2,239.07 34.83 2,204.24 3,987.22 FEB 01, 2008 0.01 22.43 -22.42 4,009.64 MAR 01, 2008 0.01 22.55 -22.54 4,032.18 APR 01, 2008 0.01 22.68 -22.67 4,054.85 MAY 01, 2008 0.01 22.81 -22.80 4,077.65 JUN 01, 2008 0.01 22.94 -22.93 4,100.58 JUL 01, 2008 0.01 23.07 -23.06 4,123.64 AUG 01, 2008 0.01 23.20 -23.19 4,146.83 SEP 01, 2008 0.01 23.33 -23.32 4,170.15 OCT 01, 2008 0.01 23.46 -23.45 4,193.60 NOV 01, 2008 0.01 23.59 -23.58 4,217.18 DEC 01, 2008 0.01 23.72 -23.71 4,240.89 JAN 01, 2009 2,239.07 23.86 2,215.21 2,025.68 FEB 01, 2009 0.01 11.39 -11.38 2,037.06 MAR 01, 2009 0.01 11.46 -11.45 2,048.51 APR 01, 2009 0.01 11.52 -11.51 2,060.02 MAY 01, 2009 0.01 11.59 -11.58 2,071.60 JUN 01, 2009 0.01 11.65 -11.64 2,083.24 JUL 01, 2009 0.01 11.72 -11.71 2,094.95 AUG 01, 2009 0.01 11.78 -11.77 2,106.72 SEP 01, 2009 0.01 11.85 -11.84 2,118.56 PAGE 10f2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 11.92 -11.91 2,130.47 NOV 01, 2009 0.01 11.98 -11.97 2,142.44 DEC 01, 2009 0.01 12.05 -12.04 2,154.48 JAN 01, 2010 2,239.07 84.59 2,154.48 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 11,195.90 1,475.90 9,720.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02777763-01 Date: 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9BPP/004 60 11/05 6.75% Net Purchase Prlce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 2,614.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculatlons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prlor to the stated end of term, wlll be based on the actual Install Date and Interest Commencement Date. The payments on thlS schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provislons. Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 2,614.00 JAN 01, 2006 602.15 14.70 587.45 2,026.55 FEB 01, 2006 0.01 11.40 -11.39 2,037.94 MAR 01, 2006 0.01 11.46 -11. 45 2,049.39 APR 01, 2006 0.01 11.53 -11.52 2,060.91 MAY 01, 2006 0.01 11.59 -11.58 2,072.49 JUN 01, 2006 0.01 11.66 -11.65 2,084.14 JUL 01, 2006 0.01 11.72 -11.71 2,095.85 AUG 01, 2006 0.01 11.79 -11.78 2,107.63 SEP 01, 2006 0.01 11.86 -11.85 2,119.48 OCT 01, 2006 0.01 11.92 -11.91 2,131.39 NOV 01, 2006 0.01 11.99 -11.98 2,143.37 DEC 01, 2006 0.01 12.06 -12.05 2,155.42 JAN 01, 2007 602.15 12.12 590.03 1,565.39 FEB 01, 2007 0.01 8.81 -8.80 1,574.19 MAR 01, 2007 0.01 8.85 -8.84 1,583.03 APR 01, 2007 0.01 8.90 -8.89 1,591.92 MAY 01, 2007 0.01 8.95 -8.94 1,600.86 JUN 01, 2007 0.01 9.00 -8.99 1,609.85 JUL 01, 2007 0.01 9.06 -9.05 1,618.90 AUG 01, 2007 0.01 9.11 -9.10 1,628.00 SEP 01, 2007 0.01 9.16 -9.15 1,637.15 OCT 01, 2007 0.01 9.21 -9.20 1,646.35 NOV 01, 2007 0.01 9.26 -9.25 1,655.60 DEC 01, 2007 0.01 9.31 -9.30 1,664.90 JAN 01, 2008 602.15 9.37 592.78 1,072.12 FEB 01, 2008 0.01 6.03 -6.02 1,078.14 MAR 01, 2008 0.01 6.06 -6.05 1,084.19 APR 01, 2008 0.01 6.10 -6.09 1,090.28 MAY 01, 2008 0.01 6.13 -6.12 1,096.40 JUN 01, 2008 0.01 6.17 -6.16 1,102 56 JUL 01, 2008 0 01 6.20 -6.19 1,108.75 AUG 01, 2008 0 01 6.24 -6.23 1,114.98 SEP 01, 2008 0.01 6.27 -6.26 1,121.24 OCT 01, 2008 0.01 6.31 -6.30 1,127 54 NOV 01, 2008 0.01 6.34 -6.33 1,133.87 DEC 01, 2008 0.01 6.38 -6.37 1,140.24 JAN 01, 2009 602.15 6.41 595.74 544.50 FEB 01, 2009 0.01 3.06 -3.05 547.55 MAR 01, 2009 0.01 3.08 -3.07 550.62 APR 01, 2009 0.01 3 10 -3.09 553.71 MAY 01, 2009 0.01 3.11 -3.10 556.81 JUN 01, 2009 0 01 3.13 -3.12 559.93 JUL 01, 2009 0.01 3 15 -3.14 563.07 AUG 01, 2009 0.01 3.17 -3.16 566.23 SEP 01, 2009 0.01 3.19 -3.18 569.41 PAGE 1 of 2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Payment Due Payment F~n. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 3.20 -3.19 572.60 NOV 01, 2009 0.01 3.22 -3.21 575.81 DEC 01, 2009 0.01 3.24 -3.23 579.04 JAN 01, 2010 602.15 23.11 579.04 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 -------_....--- ------------- -------------- Total 3,011.30 397.30 2,614.00 PAGE 2 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Mach/Model: Term: Install Month: monthly Rate: 9BPP/004 60 11/05 6.75% Net Purchase Pr1ce: Payment Frequency: Opt1on: Interest Commencement Date: PAYMENT START DATE: 8,667.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment pr10r to the stated end of term, w1ll be based on the actual Install Date and Interest Commencement Date. The payments on th1s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee prov1sions. Payment Due Payment Fin. Charge Principal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 JAN 01, 2009 FEB 01, 2009 MAR 01, 2009 APR 01, 2009 MAY 01, 2009 JUN 01, 2009 JUL 01, 2009 AUG 01, 2009 SEP 01, 2009 1,996.51 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,996.51 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 0.01 1,996.51 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,996.51 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 48.75 37.80 38.01 38.22 38.44 38.65 38.87 39.09 39.31 39.53 39.75 39.98 40.20 29.20 29.36 29.53 29.69 29.86 30.03 30.20 30.37 30.54 30.71 30.88 31.05 20.00 20.11 20.22 20.34 20.45 20.57 20.68 20.80 20.92 21.03 21.15 21. 27 10.16 10.22 10.27 10.33 10.39 10.45 10.51 10.57 1,947.76 -37.79 -38.00 -38.21 -38.43 -38.64 -38.86 -39.08 -39.30 -39.52 -39.74 -39.97 1,956.31 -29.19 -29.35 -29.52 -29.68 -29.85 -30.02 -30.19 -30.36 -30.53 -30.70 -30 87 1,965 46 -19.99 -20.10 -20.21 -20.33 -20.44 -20.56 -20.67 -20.79 -20.91 -21.02 -21 14 1,975.24 -10.15 -10.21 -10.26 -10.32 -10.38 -10 44 -10.50 -10.56 8,667.00 6,719.24 6,757.03 6,795.03 6,833.24 6,871.67 6,910.31 6,949.17 6,988.25 7,027.55 7,067.07 7,106.81 7,146.78 5,190.47 5,219.66 5,249.01 5,278 53 5,308.21 5,338.06 5,368.08 5,398.27 5,428 63 5,459.16 5,489.86 5,520.73 3,555.27 3,575 26 3,595.36 3,615.57 3,635.90 3,656.34 3,676.90 3,697.57 3,718.36 3,739.27 3,760.29 3,781.43 1,806.19 1,816.34 1,826 55 1,836.81 1,847.13 1,857.51 1,867.95 1,878.45 1,889.01 PAGE 1 of2 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02777763-01 Date: 2005-11-02 Payment Due Payment Fln. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- OCT 01, 2009 0.01 10.63 -10.62 1,899.63 NOV 01, 2009 0.01 10.69 -10.68 1,910.31 DEC 01, 2009 0.01 10.75 -10.74 1,921.05 JAN 01, 2010 1,996.51 75.46 1,921.05 0.00 FEB 01, 2010 0.01 0.01 0.00 0.00 MAR 01, 2010 0.01 0.01 0.00 0.00 APR 01, 2010 0.01 0.01 0.00 0.00 MAY 01, 2010 0.01 0.01 0.00 0.00 JUN 01, 2010 0.01 0.01 0.00 0.00 JUL 01, 2010 0.01 0.01 0.00 0.00 AUG 01, 2010 0.01 0.01 0.00 0.00 SEP 01, 2010 0.01 0.01 0.00 0.00 OCT 01, 2010 0.01 0.01 0.00 0.00 NOV 01, 2010 0.01 0.01 0.00 0.00 DEC 01, 2010 0.01 0.01 0.00 0.00 ------------ ------------- -------------- Total 9,983.10 1,316.10 8,667.00 PAGE 2 of2 ~ : :~';'~" Installment Payment Master Agreement State and Local Government 5. 7 <17 -:2.. ~~ 56:;'-- A'S~O{) B/.p----mbA . Thank you for dOing business with us. We are committed to providing you with the highest quality financial offenngs If, at any time, you have any questions or problems, please let us know This Installment Payment Master Agreement (called the "Agreement") covers the terms and conditions under which we finance various charges. This Agreement has fOlJr parts Part 1 - Definitions; Part 2 - Our Offerings, Part 3 - Payment, and Part 4 - General The specific amount financed, the interest rate charged, and the period over vvhlch the amount is financed are together referred to as an Installment Payment Transacticn (called the "Transaction"). Each Transaction is listed as a separate line item on a Supplement to this Agreement. A Supplement may contain additional terms for its Transactions You agree to those terms by signing the Supplement. Each Transaction is contingent upon a review of your credit by us. This Agreement and its applicable Supplements are the complete agreement regarding the Transactions and replace any prior oral or written communications between both parties. By signing below, both parties agree to the terms of this Agreement Once signed, any reproduction of this Agreement or a Supplement made by reliable means (for example, photocopy or facsimile) IS considered an original siness Machines Corporation By fr;1f2IJ7V Customer number' 7250568 DOROTHY O. BROWN NtDS'tGWIrlfW;PORT!!' MGR Date: I ~/ ;;p, /05 Agreement number' ND 5.J.~" I Name (type or pnnt): J3'!s:J~_~Ed ~~.__Hea.<1_:r:~c:l< ... Mayor, City of Port Angeles Date: October 18, 2005 IBM Office number' 321 E. 5th St. ;" Customer address' P. O. Box 1150 IBM Office address r ' Port Angeles, WA 98362 ATTEST: Doc. APPROVED AS TO :l125-4570 - 00 (08/91) -; =-= -- @ - - --- - - - --- ----- ----- Installment Payment Master Agreement State and Local Government Part 1 - Definitions 1.1 Definitions Addition IS any Machine or Program associated with a Machine previously financed under this Agreement Customer-set-up Machine is an IBM Machine that you set up according to IBM Instructions. Date of Installation is the following for a Machine - a. the business day after the day we install It or, if you defer installation, make it available to you for installation, or b. the second business day after the end of the standard transit allowance period for a Customer-set-up Machine or a non-IBM Machine, 2. for a Program, the latest of - a. the day after its testing period ends; b. 10 days after we ship It; or c. the day you are authorized to make an Additional License Copy or a copy of a Distributed Feature Machine IS a machine, its features, converSions, upgrades, elements, or accessories, or any combination of them. We use the terms "IBM Machine" and "non-IBM Machine" If applicable. Modification is any IBM field installable upgrade, feature or accessory added to any Machine. Planning Date is the date stated in he Supplement that financing for each Transaction is scheduled to begin. For a Machine, it IS the estimated date the Machine will be put Into service. For a Program, it is the estimated Date of Installation. For all other financed charges, It is the date you choose for the financing to begin. Product is a Machine or a Program. Program is all the following, including features and any whole or partial copies' 1. machine-readable instructions; 2. a collection of machine-readable data, such as a data base, and 3. related materials, including documentation and listings, in any form Service IS assistance or use of a resource (such as a network). Term is the number of payment periods stated in the Supplement The Term of a Transaction begins on the date Interest starts It ends on the last day of the last payment period. If you prepay a Transaction, its Term ends when you complete the prepayment You and Your refer to you, the Customer You must be a State or a Political Subdivision as defined by Section 103(a) of the Internal Revenue Code of 1986, as amended, and any Regulations and Rulings that affect that section We, Us and Our refer to. 1. International Business Machines Corporation (IBM), ItS subsidiaries and affiliates, 2 a partnership In which IBM IS a partner, or 3 a business enterprise for which IBM is an agent. IBM will remain as the active manager for all matters under this Agreement ~ - . Z125-4570 - 00 (08/91) Page 2 of6 Doc. ==--= =8 - - --- - - ---- - - --- - - - --- ----- ----- Installment Payment Master Agreement State and Local Government Part 2 - Our Offerings 2.1 Machines We finance charges for Machines you purchase from us. For a Machine we financa. you agree to: 1. keep the Machine free from encumbrances of any kind, except those estCl\:l1ShF:d by (I~ under this Agreement, or by you with our prior written consent; 2. promptly pay all taxes, interest, and other charges associated with the Machme, exclud~n~; taxes based on our net income; and 3. keep the Machine in good operating condition. 2.2 Modifications and Additions We finance charges for Modifications and Additions you purchase from us. For 1\I:odil'CFltKI~I~'; and Additions we finance, you agree to: " .~, 1. ensure that the Machine with which the Modifications and Additions will be a:;:":)dal~{j is free from encumbrances of any kind, except those established by us under trll':: ;,gll:>t:J'TIP.f\(, and 2. keep modified Machines and Additions to them In accordance with the reOI}l!E;m8i11S 01 Section 2.1. <,'1 We may offer to refinance a Machine when we finance a Modification to it. Ch2ngef: to tk, Annual Interest Rate, Payment Amount, and Term will then be specified in a new S!lppierrmnt 2.3 Other Charges We finance one-time charges for IBM Programs and Services Your obligation to make payments IS not affected by the termination of any Service or license for a Program, unless slJ(;h termination occurs before the date interest starts We may agree to finance other one-time charges associated with the Installation of IBM Products, 2.4 Discounts, Allowances and Adjustments The purchase price or one-time charge we finance is the same amount that you would have paid us after all discounts and adjustments If this amount changes after you sign the Supplement and before the date Interest starts, we will adjust the Supplement accordmgly and notify you. Z125-4570 - 00 (08/91) Page 3 of6 Doc. = :..:" ---- ~ - - --- - - - --- ----- ----- Installment Payment Master Agreement State and Local Government Part 3 - Payment 3.1 Your Obligation to Pay You will pay all amounts specified in the Supplement Payments will be made through the iBM Branch Office unless we notify You otherwise Your obligation to pay will continue regardless of any dispute you may have with respect to the financed Products or Sef\/IC~S, You agree to periodically requ~st the appropriation of funds to pay all Payment Amounts specified In the Supplement. If the' funds you request for any future fiscal year am not appropriated, you will not be obligated to pay amounts due beyond the end of the last ft.;nded fiscal year. If this happens, you agree to notify us in writing. Each affected Transaction will end after the last funded fiscal year and you will not be In default. You may retarn the Machines for a reasonable period of time and at a monthly charge which we will determine. We Will then remove the Machines from your premises and retain all sums paid as partial payment for their use and depreciation, >/"j, 3.2 Interest Commencement Unless otherwise specified in the. Supplement, Interest starts on: 1. the first day of the month follOWing the Date of Installation for Products and Services you obtain from us; or 2. the first day of the mpnth specified In the Supplement for all other charges. 3.3 Invoicing Payment Amounts for monthly payment periods are Invoiced as of the first day of each calendar month"and are due on the fiI'st day of the following month, Payment Amounts for all other payment periods (for example, annual) are invoiced 30 calendar days before the end of their payment period and are due on the day following the close of the respective payment period. 3.4 Rate Protection The Supplement states a Planning Date for each Transaction, and one Quote Validity Date for all Transaction rates on the Supplement. These rates are not subject to change prOVided that. 1 the Supplement IS Signed and returned to us by the Quote Validity Date, and 2. the Product is installed within the same calendar month as Its Plannrng Date 3.5 Prepayment We will not charge any loan origination fees If you deCide to prepay a Transaction, you agree to pay us a prepayment fee for our unrecovered administrative expense and changes In funding costs The Supplement describes how the prepayment fee is determined You may prepay any Transaction by paYing all outstanding amounts due plus the remaining prinCipal balance and any prepayment fee, If you prepay a Transaction for a Machine, you must also prepay any Transaction for related non-IBM charges Z125-4570 - 00 (08/91) Page 4 of6 Doc. E : :~-;-E:" Installment Payment Master Agreement State and Local Government Part 4 - General 4.1 Events of Default You will be In default If. 1 you do not pay any amount within seven days after Its due date; 2 you fall to maintain Insurance as required under this Agreement; 3 you make any misrepresentation In a credit application you give us, 4. you make an assignment for the benefit of creditors, or you consent to the appointment of a trustee or receiver, or either is appointed for you or for a substantial part of your property without your consent; 5 any petition or proceeding IS filed by or against you under any bankruptcy, Insolvency, or similar law; or 6. you breach any other provIsion of this Agreement and that breach continues for fifteen days after you receive written notice from us. 4.2 Remedies If you are In default, we may do one or more of the follOWing: 1. declare the Transaction and all associated Transactions to be In default, 2 . recover from you all amounts.that are or Will be due; 3. repossess or render unusable any or all Machines, Modifications, or Additions without demand, notice, court order, or other process, and retain all payments made as partial compensation for their use and depreciation, 4 require you, at your expense, to assemble and ship any Machine, Modification, or Addition to a location we specify; and 5 recover from you reasonable attorney's fees and legal expenses incurred In exercising any of our nghts under this Agreement. If we repossess a Modification, it is your responsibility to restore the remaining Machine to good working order. We have no liability for costs or damages caused by the removal of such Modification or by your failure to fulfill your responsibilities. Upon repossession or return of a Machine, Modification, or Addition, we will dispose of it in a commercially reasonable manner. After deducting our expenses for the repossession and disposition, we will apply the net proceeds toward the amounts due. You Will pay us any deficiency between the net proceeds and the unpaid amounts due. We Will pay to you any excess net proceeds We may pursue any other remedy available at law or in equity 4.3 Security Interest We reserve a purchase money secunty interest In each Machine we finance, ItS substitutions, replacements, acceSSions, Modifications, Additions and any assOCiated proceeds until we receive all amounts due. You Will cooperate With us to perfect our security interest. You authorize us to act as your agent and attorney -In-fact for the limited purpose of preparing, executing In your name, and filing on your behalf, financing statements or other documents covering Machines, Modifications, and Additions financed by us. Each Machine must be kept at the locatIOn speCified In thiS Agreement, where we may Inspect it at any reasonable time. Each Machine Will remain personal property, and Will not become a fixture to real property. Until your financial obligation on a Transaction IS satisfied, you may not modify or otherwise dispose of the Machine, Modification, or Addition, In whole or In part, Without our prior written consent Z125-4570 - 00 (08/91) Page 5 of6 Doc. i : :~';'~" Installment Payment Master Agreement State and Local Government 4.4 Insurance f You will maintain Insurance covering loss, theft, converSion, damage, and destruction (called a "Loss") for any Machine, Modification, or Addition that we finance under thlf, Agreetnent v'ou will endorse the policy naming us and our assigns as Loss Payee. Upon OUI rp.quest, YOtl '..viii provide us with proof of such Insurance If a Machine, Modification or Addition suffers a Loss before we receive all payments, YO!.' ,vi!: promptly notify us Upon our request, you will pay us the prepayment amount as of the c1si.o of the occurrence. You agree to prepay all related non-IBM charges at the safTle time We ':"111 credit you with any insurance payments that are In excess of the prepayment amount. ''I \}t)! obligation to pay us will continue until we are paid in full. ,; " 4.5 Assignment and Relocation You may not assign this Agreement or your rights under it, or delegate your ob!lgations Any attempt to do so IS void. You may not sell, transfer, modify, relocate, or other;\/ll:ie dISPO:';,: c'Jf any Machine, Modification, or Addition, In whole or in part, without our prio" wntten COr-"~I~t We will not consent to the relocation of any Machine, Modification, or Addition c:ut of the I..!ni.srl States. f We may assign any of our interests in whole or In part. Even when we assign ow rights .;.;e remain fully obligated to you and only your written consent can release us from this oblig::1::ntl Therefore, any claims you have under this ~greement may be brought only against us, not C,ljr assignees 4.6 General If any provision of this Agreement becomes invalid or unenforceable, all olhe; prov;~;j( l1S remain in effect. Our failure to require full performance or our waiver of any prov'sion ~n th;s Agreement does not prevent us from requinng full performance of all provisions in the futuw Notices All notices under this Agreement will be delivered in person or mailed, to you at youl' address or to us at the IBM Branch Office shown in the Supplement. Changes to the Agreement Terms In order to maintain flexibility in our financial offenngs, we may change the terms of this Agreement by giving you three months' written notice. However, these changes are not retroactive They apply, as of the effective date we specify In the notice, only to n~w Transactions. For any other change to be valid, both parties must sign it. Additional or different terms in any wntten communication from you are VOid. Agreement Termination This Agreement may be terminated by either party with one month's wntten notice. However, each Transaction existing on the effective date of that termination will survive until ai' ItS related obligations are fully satisfied. Electronic Communications Electronic communications, if used, are the equivalent of wntten and Signed documents. When both parties agree to use electronic inVOICing and payment options, you may authonze Ufi to initiate direct payment from your depOSit account for the Items listed on any Supplement and for any related taxes. Conflicting Terms If there IS conflict between terms, those of a Supplement prevail over those of this Agreement for the Transactions listed on the Supplement. Governing Law The laws of your State govern this Agreement. Z125-4570 - 00 (08/91) Page 6 of6 Doc. Quote Type: Quote Number: Quote Validity Date: Article of Incorporation Name: Customer Name: IBM Customer Number: IBM Enterprise Number: Field Contact: Direct Rates User code: Direct Rates Filename: Bethesda Processing Code: Administrative Instructions IBM Credit LLC Special Bids Cover Sheet October 17, 2005 Installment Payment Master Agreement Q02773207-01 November 9, 2005 CITY OF PORT ANGELES CITY OF PORT ANGELES 325 E FIFTH ST PORT ANGELES, WA 98362-3206 7250568 7238328 SUSAN WILSON JC1 ANGELES BA The quote consists of this cover sheet and ItS attachment(s). All conditions in this quote must be satisfied for the rates to be valid. This quote will expire after the quote validity date. The terms and conditions In this quote may be different from the original quote submitted. Please review thiS quote to ensure that you are aware of any differences. If the customer accepts your finanCing proposal based on this quote, the required documentation listed in this quote must be signed by the customer and received by IBM by the quote validity date. Additional Bethesda Instructions Attachment Ensure source of PC Products is correct. IBM CREDIT LLC ATTACHMENT FOR DOCUMENTATION, CONDITIONS, AND FINANCING RATES Customer Name: CITY OF PORT ANGELES Quote Number: Q02773207-01 Date October 17, 2005 REQUIRED DOCUMENTATION: 1. IBM Corporation Installment Payment Master Agreement - State and Local Gover~ment, If one has not been previously signed 2. This quote requires the customer to execute a Certificate of Acceptance form (Z126-5057) available on FAWN. 3. Installment Payment Supplement (Vendor Supplied Equipment) CONDITIONS: 1. This quote is for an IBM Credit LLC National Account. The Selected Government Account (SGA) Code is: 689 2. You must have a sufficient level of credit approved by IBM Credit to cover the toral amount to be financed from all transactions and has an expiration date after the installation date or finance effective start date If an IBM Installation does not apply. 3. Payments are monthly In arrears. 4. Option TIT' financing may not exceed $12,000.00, unless otherwise stipulated In the Credit comments. 5. These rates are CONTINGENT upon IBM Credit qualifying thiS customer for eliglbllllY to receive state and local rates under section 103(a) of the Internal Revenue Service Code. Please complete the State and Local Qualification - Section 103 form found in Global Financing Online under the Tools and Reference Information for Customer Financing Category. 6. The rates In thiS quote are contingent upon meeting the criteria outlined in the Credit comments below. These credit comments reflect credit log 6550241: P 1. Total Unsecured fin'g limited as a % of TOTAL secured H/W: 100.00% AND P 2. Total Solution financed must have min 75% IBM content AND P 3. Please change SIC Code on CMR to: 9111 AND P 4. Customer legal name on CMR must be changed to. "PORT ANGELES, CITY OF" AND P 5. Accept no modifications to UCC attestation, legal name, etc. 7 For options I/IG/G'/B$/S/S'/TIT', the list and/or net prices may vary and the rates will remain valid. 8 Option S/S' financing may not exceed $23,000.00, unless otherwise stipulated In the Credit comments. 9. Payment amounts are calculated as follows. Total Amount Financed = Unit Net Price * (1 + Sales Tax) Unit Payment Amount = Total Amount Financed / 1000 * Rate/1000 Total Payment Amount = Unit Payment Amount * Qty Recurring sales/use and personal property taxes reqUired to be paid by you under the Term Lease Master Agreement, are not In the rates 10. IGF financing rates contingent on equipment having a confirmed ship date from IBM of 12/31/2005 or sooner. 11. If the financing IS for a model or feature addition, the base machine must be either owned by you With clear title, or currently financed under an Installment Payment Master Agreement (IPMA) 12. The follOWing statement must appear on alllPMA Payment Schedules associated With thiS quote "The payments shown on thiS payment schedule, reflect waiver of the Prepayment Fee prOVIsion of the Installment Payment Master Agreement" 13. Validity Date ThiS quote IS valid through November 9, 2005 PAGE 1 of 4 IBM CREDIT LLC ATTACHMENT FOR DOCUMENTATION, CONDITIONS, AND FINANCING RATES Customer Name: CITY OF PORT ANGELES Quote Number: Q02773207-01 Date October 17,2005 FINANCING RATES: DEALERlREMARKETER SOURCED HARDWARE L T j 0 e n P r Install Interest Rate % e Mach Mod t m Month !\let Purchase Price Down Payment monthly annualized 8863 E1U IG 36 11/05 4.50 459 1,935.00 0.00 pealer Sourced Low Rate Fmancing 2 8863 E1U IG 36 11/05 4.50 459 1,935 00 0.00 Dealer Sourced low Rate Financmg 3 8863 E1U IG 36 11/05 4.50 4.59 1,93500 0.00 Dealer Sourced Low Rate Financing 4 8863 E1U IG 36 11/05 4.50 4.59 1,935.00 0.00 Dealer Sourced Low Rate Financing 5 8863 E1U IG 36 11/05 4.50 4.59 17,361.00 0.00 Dealer Sourced Low Rate FinanCing 6 9406 520 IG 36 11/05 4.50 4.59 57,644.00 0.00 Low Rate Financing 7 7310 CR3 IG 36 11/05 6.75 6.96 5,720.00 0.00 8 7210 030 IG 36 11/05 4.50 4.59 1,199.00 0.00 Low Rate Financing 9 3580 L23 IG 36 11/05 4.50 4.59 4,807.00 0.00 Low Rate Financing OTHER IBM PRODUCTS AND SERVICES L T I 0 e n P r Install Interest Rate % e Mach Mod t m Month Net Purchase Price Down Payment monthly annualized 10 9SSR 001 S' 36 11/05 527 540 11,58200 0.00 Low Rate Financing 11 9992 003 S' 36 11/05 477 487 10,53000 000 Low Rate Flnancmg 13 9PAC 001 S' 36 11/05 5.27 540 680 00 000 Low Rate Financing PAGE 2 of 4 IBM CREDIT LLC ATTACHMENT FOR DOCUMENTATION, CONDITIONS, AND FINANCING RATES customer Name: CITY OF PORT ANGELES Quote Number: Q02773207-01 Date October 17, 2005 NON-IBM PRODUCTS AND SERVICES l T I 0 e n P r Install Interest Rate % e Mach Mod t m Month Net Purchase Price Down Payment monthly annualized --- 12 9994 001 T' 36 11/05 6.90 7.12 3,240 00 0.00 14 9994 MI8 T' 36 11/05 6.90 7.12 9,691.00 0.00 15 9BPP 004 T' 36 11/05 6.90 7.12 10,806.00 0.00 (**) For IBM EMO, "INSTAll MONTH" is the finance effective start month. End of IndiVidual Quote Number Q02773207-01 dated October 17, 2005 PAGE 3 of 4 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02773207-01 Date' 2005-10-17 Mach/Model. Term: Install Month monthly Rate 8863/E1U 36 11/05 450% Net Purchase Pnce. Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,93500 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any down payments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee prOVISions. payment Due Payment Fin. Charge JAN 01, 2006 FEB 01, 2006 MAR 01. 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01. 2008 FEB 01, 2008 MAR 01. 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 425.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 425.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 425.66 0.01 0.01 o 01 0.01 o 01 0.01 o 01 0.01 o 01 o 01 0.01 7.26 5.69 5.71 5.73 5.75 5.77 5.79 5.82 5.84 5.86 5.88 5.90 5.93 4.35 4.37 4.38 4.40 4.42 4.43 4.45 4.47 4.48 4.50 4.52 4.53 2.96 2.97 2.98 2.99 3.00 3.01 3.02 3 03 3 04 3 06 -817.98 Total 1.277.31 -657 69 PAGE 1 of 1 Principal Balance 418.40 -5.68 -5.70 -5.72 -5.74 -5.76 -5.78 -5.81 -5.83 -5.85 -5.87 -5.89 419.73 -4.34 -4.36 -4.37 -4.39 -4.41 -4.42 -4.44 -4.46 -4.47 -4.49 -4.51 421.13 -2.95 -2 96 -2.97 -2.98 -2.99 -3 00 -3 01 -3.02 -3 03 -3 05 817 99 1,935.00 1,516.60 1,522.28 1,527.98 1,533.70 1,539.44 1,545.20 1,550.98 1,556.79 1,562.62 1,568.47 1,574.34 1,580.23 1,160.50 1,164.84 1,169 20 1,173.57 1,177.96 1,182.37 1,186.79 1,191.23 1,195.69 1,200.16 1,204.65 1,209.16 788.03 790 98 793.94 796 91 799.89 802.88 805 88 808 89 811.91 814 94 817.99 o 00 1,935.00 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' Reference Number Date CITY OF PORT ANGELES Q02773207-01 2005-10-17 Mach/Model: Term: Install Month: monthly Rate 8863/E1U 36 11/05 4.50% Net Purchase Price' Payment Frequency' Option: Interest Commencement Date: PAYMENT START DATE: 1,935.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 201)6 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC aI, 2006 JAN 01, 2007 FEB 01, 2007 MAR aI, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV aI, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 0 I, 2 008 AUG 0 I, 2008 SEP 01, 2008 OCT 0 I, 2008 NOV 01, 2008 DEC 01, 2008 425.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 425.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 425.66 o 01 0.01 0.01 0.01 0.01 0.01 o 01 o 01 o 01 0.01 0.01 7.26 5.69 5.71 5.73 5.75 5.77 5.79 5.82 5.84 5.86 5.88 5.90 5.93 4.35 4.37 4.38 4.40 4.42 4.43 4.45 4.47 4.48 4.50 4.52 4.53 2.96 2 97 2.98 2.99 3.00 3 01 3.02 3 03 3.04 3 06 -817 98 418.40 -5.68 -5.70 -5.72 -5.74 -5.76 -5.78 -5.81 -5.83 -5.85 -5.87 -5.89 419.73 -4.34 -4.36 -4.37 -4.39 -4.41 -4 42 -4.44 -4.46 -4.47 -4.49 -4.51 421.13 -2.95 -2 96 -2.97 -2.98 -2 99 -3.00 -3.01 -3.02 -3 03 -3.05 817.99 1,935.00 1,516.60 1,522.28 J,527.98 1,533.70 1,539.44 1,545.20 1,550.98 1,556.79 1,562.62 1,568.47 1,574.34 1,580.23 1,160.50 1,164.84 1,169.20 1,173.57 1,177.96 1,182.37 1,186.79 1,191.23 ],195.69 1,200.16 1,204.65 1,209.16 788.03 790.98 793.94 796.91 799.89 802.88 805. 88 808.89 811.91 814 . 94 817.99 0.00 Total 1,277 31 -657.69 1,935 00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number Q02773207-01 Date 2005-10-17 Mach/Mode] : Term: Install Month: monthly Rate: 8863/E1U 36 11/05 4.50% Net Purchase Price: Payment Frequency' Optlon' Interest Commencement Date. PAYMENT START DATE: 1,935.00 monthly IG 12/01/2005 12/01/2005 Payment Scnedule calculations are based on the planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultlng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Prlncipal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC' 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEe 01, 2008 425.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 425.66 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 425.66 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 o 01 0.01 0.01 7.26 5.69 f 5.71 5.73 5.75 5.77 5.79 5.82 5.84 5.86 5.88 5.90 5.93 4.35 4.37 4.38 4.40 4.42 4.43 4.45 4.47 4.48 4.50 4.52 4.53 2 96 2.97 2.98 2.99 3.00 3.01 3 02 3.03 3 04 3.06 -817 98 418.40 -5.68 -5.70 -5 72 -5.74 -5.76 -5.78 -5.81 -5.83 -5.85 -5.87 -5.89 419.73 -4.34 -4.36 -4.37 -4.39 -4.41 -4.42 -4.44 -4.46 -4.47 -4.49 -4.51 421.13 -2.95 -2.96 -2.97 -2.98 -2.99 -3.00 -3.01 -3.02 -3 03 -3 05 817.99 1,935.00 1,516.60 1,522.28 1,527.98 1,533.70 1,539.44 1,545.20 1,550.98 1,556.79 1,562.62 1,568.47 1,574.34 1,580.23 1,160.50 1,164.84 1,169.20 1,173.57 1,177.96 1,182.37 1,186.79 1,191.23 1,195.69 1,200.16 1,204.65 1,209.16 788.03 790.98 793.94 796.91 799.89 802 88 805.88 808.89 811.91 814.94 817 99 o 00 Total 1,277 31 -657 69 1,935.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number. Q02773207-01 Date 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 8863/E1U 36 11/05 4.50% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,935 00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prlor to the stated end of term, wlll be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal ------------ ------------- -------------- -------------- JAN 01, 2006 425.66 7.26 418.40 FEB 01, 2006 0.01 5.69 -5.68 MAR 01, 2006 0.01 5.71 -5.70 APR 01, 2006 0.01 5.73 -5.72 MAY 01, 2006 0.01 5.75 -5.74 JUN 01, 2006 0.01 5 77 -5.76 JUL 01, 2006 0.01 5.79 -5.78 AUG 01, 2006 0.01 5.82 -5 81 SEP 01, 2006 0.01 5.84 -5.83 OCT 01, 2006 0.01 5.86 -5.85 NOV 01, 2006 0 01 5.88 -5.87 DEe 01, 2006 0.01 5.90 -5.89 JAN 01, 2007 425.66 5.93 419.73 FEB 01, 2007 0.01 4.35 -4.34 MAR 01, 2007 0 01 4.37 -4.36 APR 01, 2007 0.01 4.38 -4.37 MAY 01, 2007 0.01 4.40 -4.39 JUN 01, 2007 0 01 4.42 -4.41 JUL 01, 2007 0.01 4.43 -4.42 AUG 01, 2007 0.01 4.45 -4.44 SEP 01, 2007 0.01 4.47 -4.46 OCT 01, 2007 0.01 4.48 -4.47 NOV 01, 2007 0 01 4 50 -4.49 DEC 01, 2007 0.01 4.52 -4.51 JAN 01, 2008 425.66 4.53 421.13 FEB 01, 2008 0 01 2 96 -2.95 MAR 01, 2008 0 01 2.97 -2.96 APR 01, 2008 0.01 2 98 -2 97 MAY 01, 2008 0 01 2 99 -2.98 JUN 01, 2008 0.01 3.00 -2 99 JUL 01, 2008 0.01 3.01 -3.00 AUG 01, 2008 0 01 3.02 -3.01 SEP 01, 2008 0 01 3.03 -3 02 OCT 01, 2008 0 01 3 04 -3.03 NOV 01, 2008 0.01 3.06 -3.05 DEC 01, 2008 0.01 -817 98 817.99 ------------ ------------- -------------- Total 1,277 31 -657 69 1,935 00 , Ice 00 .60 28 .98 : ' . 70 44 , 20 98 79 ~, '1 > 62 . " ".47 34 " '.23 I" " ,; 50 1 j j 1-:4 . 84 ~. ' ',: .20 .57 ;.96 ..'.37 L I. .;.79 1 ;. c :' .23 1, 'j' '; .69 1, ').rcc .16 1, ;.;" 65 .1., ::-:'.' .16 ')f',!. 03 7"<J.98 " 'I,' .94 7::" 91 .,:':; 89 8 n;~ 88 IjO::- 88 9('S.89 R 1 91 8 .1.94 8 -; 99 (1.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number. Q02773207-01 Date' 2005-10-17 Mach/Model: Term: Install Mouth: monthly Race: 8863/E1U 36 11/05 4.50% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 17,36) .00 monthly IG 12/01/2005 12/01':2005 Payment Schedule calculations are based on the Planned Install Date, the InLerest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provislons. f,a l"Payrnent Due Payment Fin. Charge Principal Balance -- ---------- ------------- -------------- ------~._------ -------------- L r :J'! S " 17,361.00 JAN 'oi}t'2006 3,819.02 65.10 3,753.92 13,607.08 FEB 0~f~2 006 0 01 51.03 -51.02 13,658.10 MAR 01:,.12006 0.01 51.22 -51.21 13,709.31 APR -01'[.,:2006 0.01 51. 41 -51.40 13,760.71 MAY '01'; "2 006 0.01 51.60 -51.59 13,812.30 JUN 01;' "'2 006 0.01 51.80 -51.79 13,864.09 JUL '01'/'2006 0.01 51.99 -51.98 13,916.07 AUG :01', C 2006 0.01 52.19 -52.18 13,968.25 SEP Ob':2006 0.01 52 38 -52.37 14,020.62 OCT "OJe? 82006 0.01 52.58 -52.57 14,073.19 NOV Or/')2006 0.01 52.77 -52.76 14,125.95 DEC 'OJd"-2006 0.01 52.97 -52.96 14,178.91 JAN 'OiY'i2 007 3,819.02 53.17 3,765.85 10,413.06 FEB '01,":2007 0.01 39.05 -39.04 10,452.10 MAR' On "2 007 0.01 39.20 -39.19 10,491.29 APR'Ol/12007 0.01 39.34 -39.33 10,530.62 MAY '01:.'2007 0.01 39.49 -39.48 10,570.10 JUN '01; '2007 0.01 39.64 -39.63 10,609.73 JUL 01 ;;:2 007 0.01 39.79 -39.78 10,649.51 AUG 01{-2007 0.01 39.94 -39.93 10,689.44 " 0.01 40.09 SEP 01;"2007 -40.08 10,729.52 OCT 01/ '2007 0.01 40.24 -40.23 10,769.75 NOV 01>::r:!007 0.01 40.39 -40.38 10,810.13 DEC'Ol~ 2007 0.01 40.54 -40.53 10,850.66 JAN O:l~ "2008 3,819.02 40.69 3,778.33 7,072.33 FEB 01, 2008 0.01 26.52 -26.51 7,098.84 MAR 01; 2008 0.01 26.62 -26.61 7,125.45 APR 01; 2008 0.01 26.72 -26 71 7,152.16 MAY 01, 2008 0.01 26.82 -26.81 7,178.97 JUN 01, 2008 0.01 26 92 -26 91 7,205.88 JUL 01, 2008 0.01 27 02 -27 01 7,232.89 AUG 01, 2008 0.01 27.12 -27 11 7,260.00 SEP 01; 2008 0.01 27.22 -27.21 7,287 21 OCT 01, 2008 0 01 27.33 -27.32 7,314.53 NOV 01, 2008 0 01 27 43 -27.42 7,341 95 DEC 01, 2008 0 01 -7,341 94 7,341 95 0 00 ------------ ------------- -------------- Total 11,457.39 -5,903.61 17,361 00 PAGE 1 of1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number' Q02773207-01 Date' 2005-10-17 Mach/Model Term Install Month monthly Rate: 9406/520 36 11/05 4.50% Net Purchase Price' Payment Frequency OptJ.on: Interest Commencement Date: PAYMENT START DATE' 57,644.00 monthly 1G 12/01/2005 12/01/2005 Payment Schedule calculatJ.ons are based on the Planned Install Date. the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provJ.sions. Payment Due Payment Fin. Charge PrJ.ncipal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2 006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 12,680.37 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 12,680.37 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 12,680.37 0.01 0.01 o 01 0.01 0.01 o 01 0.01 o 01 o 01 o 01 o 01 216.17 169.42 170.06 170.70 171 . 34 171 98 172 .62 173.27 173.92 174.57 175.23 175.89 176.55 129.66 130.14 130.63 131.12 131.61 132.10 132.60 133.10 133.60 134.10 134.60 135.11 88 06 88.39 88.72 89.05 89.39 89.72 90 06 90.40 90 74 91 08 -24,378 26 12,464.20 -169.41 -170.05 -170.69 -171. 33 -171. 97 -172.61 -173.26 -173.91 -174.56 -175.22 -175.88 12,503.82 -129.65 -130.13 -130.62 -131.11 -131.60 -132.09 -132.59 -133.09 -133.59 -134 09 -134 59 12,545.26 -88.05 -88.38 -88 71 -89.04 -89.38 -89.71 -90.05 -90 39 -90 73 -91.07 24,378 27 57,644.00 45,179.80 45,349.21 45,519.26 45,689.95 45,861.28 46,033.25 46,205.86 46,379.12 46,553 03 46,727.59 46,902.81 47,078.69 34,574.87 34,704.52 34,834.65 34,965.27 35,096.38 35,227.98 35,360 07 35,492.66 35,625.75 35,759 34 35,893.43 36,028.02 23,482 76 23,570.81 23,659 19 23,747.90 23,836.94 23,926.32 24,016.03 24,106 08 24,196.47 24,287 20 24,378.27 o 00 Total 38,041 44 -19,602.56 57,644 00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' Reference Number Date' CITY OF PORT ANGELES Q02773207-0 1 2005-10-17 Mach/Model: Term: Install Month, monthly Rate' 7310/CR3 36 11/05 6 75% Net Purchase Price: Payment Frequency Opt~on: Interest Commencement Date: PAYMENT START DATE: 5,720.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, w~ll be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 1,317.64 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,317.64 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 1,317 64 0.01 0.01 0.01 o 01 0.01 o 01 0.01 0.01 0.01 0.01 o 01 32.17 24.94 25.08 25.23 25.37 25.51 25.65 25.80 25.94 26.09 26.24 26.38 26.53 19.27 19.38 19.49 19.60 19.71 19.82 19.93 20.04 20.15 20.27 20.38 20.49 13 .20 13.27 13.35 13 .42 13.50 13.57 13.65 13 73 13 80 13.88 -2,481 58 1,285.47 -24.93 -25.07 -25.22 -25.36 -25.50 -25.64 -25.79 -25.93 -26.08 -26.23 -26.37 1,291.11 -19.26 -19.37 -19.48 -19.59 -19.70 -19.81 -19.92 -20.03 -20.14 -20.26 -20.37 1,297 15 -13 19 -13 26 -13 34 -13.41 -13.49 -13 56 -13 64 -13 72 -13 79 -13 87 2,481 59 5,720.00 4,434.53 4,459.46 4,484.53 4,509.75 4,535.11 4,560.61 4,586.25 4,612.04 4,637.97 4,664.05 4,690.28 4,716.65 3,425.54 3,444.80 3,464.17 3,483.65 3,503.24 3,522.94 3,542.75 3,562.67 3,582.70 3,602 84 3,623.10 3,643.47 2,346.32 2,359 51 2,372.77 2,386.11 2,399 52 2,413 01 2,426 57 2,440 21 2,453 93 2,467 72 2,481 59 o 00 Total 3,953.25 -1,766 75 5,720 00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name Reference Number Date: CITY OF PORT ANGELES Q02773207-01 2005-10-17 Mach/Model' Term: Install Month: monthly Rate' 7210/030 36 11/05 4.50% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,199.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any dom1payments. Payments and charges result1ng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Principal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2 008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 263.75 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 263.75 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 o 01 263.75 o 01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 o 01 o 01 o 01 4.50 3.52 3.54 3 55 3.56 3.58 3.59 3.60 3.62 3.63 3.64 3.66 3.67 2.70 2.71 2.72 2.73 2.74 2.75 2.76 2.77 2.78 2.79 2.80 2.81 1. 83 1. 84 1 84 1. 85 1. 86 1 87 1. 87 1 88 1. 89 1. 89 -506.76 259.25 -3.51 -3.53 -3.54 -3.55 -3.57 -3.58 -3.59 -3.61 -3.62 -3.63 -3.65 260.08 -2.69 -2.70 -2.71 -2.72 -2 73 -2.74 -2.75 -2.76 -2 77 -2.78 -2 79 260.94 -1 82 -1 83 -1 83 -1 84 -1 85 -1 86 -1 86 -1. 87 -1 88 -1 88 506 77 1,199.00 939.75 943.26 946.79 950.33 953.88 957.45 961.03 964 . 62 968.23 971 . 85 975.48 979 13 719.05 721.74 724.44 727.15 729.87 732.60 735.34 738.09 740.85 743.62 746.40 749.19 488.25 490.07 491.90 493 73 495 57 497 42 499.28 501.14 503.01 504 89 506.77 0.00 Total 791.58 -407.42 1,199 00 PAGE 1 ofl IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number. Q02773207-01 Date: 2005-10-17 Mach/Model; Term: Inst-all Month. monthly Rate' 3580/L23 36 11/05 4.50% Net Purchase Pr2ce: Payment Frequency: Opt2on' Interest Commencement Date: PAYMENT START DATE' 4,807.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculat10ns are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee pI: ovi s ions. Payment Due Payment Fin. Charge Princl.pal Balance ------------ ------------- -------------- -------------- ---.. --------. 4,807.00 JAN 01, 2006 1,057.43 18.03 1,039.40 3,767.60 FEB 01, 2006 0.01 14.13 -14.12 3,781.72 MAR 01, 2006 0.01 14.18 -14.17 3,795.89 APR 01, 2006 0.01 14.23 -14.22 3,810.11 MAY 01, 2006 0.01 14.29 -14.28 3,824.39 JON 01, 2006 0.01 14.34 -14.33 3,838.72 JUL 01, 2006 0.01 14.40 -14.39 3,853.11. AUG 01, 2006 0.01 14.45 -14.44 3,867.55 SEP 01, 2006 0.01 14.50 -14.49 3,882.04 OCT 01, 2006 0.01 14.56 -14.55 3,896.59 NOV 01, 2006 0.01 14.61 -14.60 3,911.19 DEC 01, 2006 0.01 14.67 -14.66 3,925.85 JAN 01, 2007 1,057.43 14.72 1,042.71 2,883.14 FEB 01, 2007 0.01 10.81 -10.80 2,893.94 MAR 01, 2007 0.01 10.85 -10.84 2,904.78 APR 01, 2007 0 01 10.89 -10.88 2,915.66 MAY 01, 2007 0.01 10.93 -10.92 2,926.58 JON 01, 2007 0.01 10.97 -10.96 2,937.54 JUL 01, 2007 0.01 11.02 -11.01 2,948.55 AUG 01, 2007 0.01 11.06 -11.05 2,959.60 SEP 01, 2007 0.01 11.10 -11.09 2,970.69 OCT 01, 2007 0.01 11.14 -11.13 2,981.82 NOV 01, 2007 0.01 11.18 -11 17 2,992 99 DEC 01, 2007 0.01 11.22 -11.21 3,004 20 JAN 01, 2008 1,057.43 11 27 1,046 16 1,958 04 FEB 01, 2008 0 01 7.34 -7 33 1,965.37 MAR 01, 2008 0 01 7.37 -7 36 1,972.73 APR 01, 2008 0 01 7 40 -7.39 1,980.12 MAY 01, 2008 0.01 7 43 -7.42 1,987 54 JON 01, 2008 0 01 7 45 -7 44 1,994.98 JUL 01, 2008 0.01 7.48 -7.47 2,002.45 AUG 01, 2008 0.01 7 51 -7.50 2,009 95 SEP 01, 2008 0 01 7 54 -7 53 2,017.48 OCT 01, 2008 0 01 7 57 -7.56 2,025.04 NOV 01, 2008 0 01 7 59 -7 58 2,032.62 DEC 01, 2008 0 01 -2,032 61 2,032 62 0.00 ------------ ------------- -------------- Total 3,172 62 -1,634.38 4,807 00 PAGE 1 of1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number. Q02773207-01 Date' 2005-10-17 Mach/Model: Term: Ins tall Month. monthly Rate: 9SSR/001 36 11/05 5 27% Net Purchase Price. Payment Frequency Option: Interest Commencement Date: PAYMENT START DATE: 11,582.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculat~ons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result~ng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provi sions. Payment Due Payment Fin. Charge Principal Brllance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01,2008 NOV 01, 2008 DEC 01, 2008 2,588.98 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,588.98 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,588.98 0.01 0.01 o 01 0.01 0.01 o 01 o 01 o 01 0.01 0.01 0.01 50.86 39.72 39.89 40.07 40.24 40.42 40.60 40.78 40.95 41.13 41.31 41.50 41. 68 30.49 30.63 30.76 30.90 31.03 31.17 31.30 31. 44 31.58 31.72 31.86 32.00 20 77 20 86 20.95 21 04 21 13 21 23 21 32 21.41 21.51 21,60 -4,940 58 2,538.12 -39.71 -39.88 -40.06 -40.23 -40.41 -40.59 -40.77 -40.94 -41.12 -41.30 -41.49 2,547.30 -30.48 -30.62 -30.75 -30.89 -31.02 -31.16 -31 29 -31.43 -31 57 -31.71 -31.85 2,556.98 -20 76 -20.85 -20 94 -21.03 -21.12 -21.22 -21 31 -21.40 -21.50 -21,59 4,940 59 ::1. 582.00 >,043.88 ",083.59 " , 1 2 3 . 47 ",,63.53 (', ,f03. 76 S', ;:44 .17 ',.::84.76 '),J25.53 ':, ,66.47 ::','.07.59 r;, 448.89 9,490.38 13,943.08 6,973.56 ....004.18 ',034.93 'j,065.82 7,096.84 7,128.00 7,159.29 7,190.72 7,222 29 7,254 00 7,~85 85 4,728.87 4,'749.63 4.770 48 4,791 42 ~,812 45 4,833 57 4,854 79 4,876 10 4,897.50 4,919 00 4,940 59 0.00 Total 7,767.27 -3,814 73 11,582 00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9992/003 36 11/05 4.77% Net Purchase Pr~ce: Payment Frequency. Option Interest Commencement Date: PAYMENT START DATE: Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Fin. Charge Payment JAN 01, 2006 FEB OJ, '2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, '2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 200'7 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 0 1, 2 008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 2,329.48 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,329.48 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,329 48 o 01 0.01 o 01 0.01 0.01 0.01 o 01 o 01 o 01 0.01 o 01 41.86 32.76 32.89 33.02 33.16 33.29 33.42 33.55 33.69 33.82 33.95 34.09 34.22 25.10 25.20 25.30 25.40 25.50 25.60 25.71 25.81 25.91 26.01 26.12 26.22 17.06 17.13 17 20 17 27 17 34 17 41 17 48 17.54 17.61 17.68 -4,466 55 Total 6,988 77 -3,541 23 PAGE 1 of1 10,530.00 monthly S' 12/01/2005 12/01/2005 Principe. I Balance 2,287.62 -32.7') -32.811 -33.U':' -33 1~ -33.28 -33.41 -33 54 -33.6& -33.8i - 3 3 . 94 -34.08 2,295.26 -25.09 -25.IS -25.29 -25.39 -25 49 -25.59 -25 70 -25.80 -25.90 -26.00 -26 ]1 2,303.26 -17 05 -17 12 -17 19 -17.26 -17 33 -17 40 -17.47 -17 53 -17 60 -17 67 4,466 56 10,530.00 8,242.38 8,275.13 8,308.01 8,341.02 8,374.17 8,407.45 8,440.86 8,474.40 8,508.08 8,541.89 8,575.83 8,609.91 6,314.65 6,339.74 6,364.93 6,390.22 6,415.61 6,441 10 6,466.69 6,492.39 6,518.19 6,544.09 6,570.09 6,596 20 4,292.94 4,309.99 4,327 11 4,344 30 4,361.56 4,378 89 4,396.29 4,413 76 4,431.29 4,448 89 4,466 56 0.00 10,530 00 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02773207-01 Date' 2005-10-17 Mach/Model: Term. Install Month: monthly Rate 9PAC/001 36 11/05 5 27% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: Payment ScheduJe calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provis~ons . Payment Due Payment Fin. Charge JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV OJ, 2006 DEC 01, 2006 JAN 01, 2007 FEB OJ, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 152.00 0.01 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 0.01 152.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 152.00 0.01 0.01 0.01 0.01 0.01 0.01 ,0 01 o 01 o 01 o 01 o 01 2.99 2.33 2.34 2.35 2.36 2.37 2.38 2.39 2.40 2.41 2.43 2.44 2.45 1. 79 1. 80 1.81 1. 81 1. 82 1. 83 1. 84 1. 85 1. 85 1. 86 1. 87 1. 88 1.22 1. 22 1. 23 1 23 1 24 1. 25 1 25 1 26 1 26 1 27 -289 75 Total 456 33 -223 67 PAGE 1 of 1 680.00 monthly S' 12/01/2005 12/01/2005 Prlncipal Balance 149 01 -2.32 -2.33 -2.34 -2.35 -2.36 -2.37 -2 38 -2.39 -2.40 -2.42 -2.43 149.55 -1.78 -1.79 -1.80 -1.80 -1. 81 -1.82 -1 83 -1.84 -1.84 -1.85 -1.86 150.12 -1.21 -1 21 -1.22 -1 22 -1.23 -1 24 -1.24 -1.25 -1 25 -1 26 289 76 680.00 S10.99 533.31 535.64 537.98 540.33 ')42.69 545.06 547.44 549.83 552.23 554.65 557.08 407.53 409.31 411.10 412.90 414.70 416.51 418.33 420.16 422.00 423.84 425 69 427.55 277.43 278.64 279.85 281.07 282 29 283 52 284 76 286.00 287.25 288 50 289 76 o 00 680 00 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02773207-01 Date: 2005-10-17 Mach/Model Term: Install Month, month 1 y Rate: 9994/001 36 11/05 6 90% Net Purchase Pr1ce: Payment Frequency: Option' Interest Commencemenc Date: PAYMENT START DATE: Payment Schedule calculat10ns are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, w1ll be based on the actual Install Gate and Interest Commencement Date. The payments on this schedule reflect wa1ver of the Installment Payment Master Agreement prepayment fee proviS1ons. Payment Due Fin. Charge Payment JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 2007 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 748.62 0.01 0.01 0.01 0.01 0.01 0.01 o 01 0.01 0.01 0.01 0.01 748.62 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 o 01 748.62 0.01 0.01 0.01 o 01 o 01 o 01 o 01 o 01 0.01 0.01 o 01 18.63 14.43 14.'02 14 .60 14.68 14.77 14.85 14.94 15.02 15.11 15.20 15.:;<8 15.37 11.16 11.22 11.28 11.35 11.41 11. 48 11.55 11.61 11.68 11.75 11.81 11.88 7.64 7.69 7.73 7.78 7 82 7.87 7.91 7 96 8.00 8 05 -1,407 84 Total 2,246.19 -993 81 P AGE I of I 3,:;<40.00 monthly T' 12/01/2005 12/01/2005 Principal Balance 729 99 -14.42 I -14.51 -14.59 -14.67 -14.76 -14.84 -14.93 -15.01 -15.10 -15.19 -15.27 733.25 -11.15 -11 21 -11.27 -11.34 -11.40 -11.47 -11.54 -11.60 -11.67 -11.74 -11.80 736.74 -7 63 -7.68 -7.72 -7.77 -7.81 -7 86 -7 90 -7 95 -7.99 -8.04 1,407 85 3,240.00 2,510.01 ~,524.43 2,538.94 2,553.53 2,568.20 2,582.96 2,597.80 2,612.73 2,627.74 2,642.84 2,658.03 2,673.30 1,940.05 ],951.20 1,962.41 1,973.68 1,985.02 1,996 .42 2,007.89 2,019.43 2,031.03 2,042.70 ~,054.44 2,066.24 1,329.50 1,337.13 1,344 81 1,352.53 1,360.30 1,368 11 1,375 97 1,383.87 1,391.82 1,399.81 1,407.85 o 00 3,240 00 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02773207 -01 Date: 2005-10-17 Mach/Model' Term: Install Month. monthl y Rate 9994/MI8 36 11/05 6.90% Net Purchase Price: Payment Frequency: Option: Interest CommeTlcement Date: PAYMENT START DATE: 9,691 00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install D~te, the Interest Commencement Date and reflect any downpayments. Payments and charges resultJ.ng ,from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waJ. ver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due P;:3:yment Fin. Charge PrJ.ncipal Balance JAN 01, 2006 FEB 01, 2006 MAR 01, 2006 APR 01, 2006 MAY 01, 2006 JUN 01, 2006 JUL 01, 2006 AUG 01, 2006 SEP 01, 2006 OCT 01, 2006 NOV 01, 2006 DEC 01, 2006 JAN 01, 2007 FEB 01, 2007 MAR 01, 2007 APR 01, 2007 MAY 01, 200'7 JUN 01, 2007 JUL 01, 2007 AUG 01, 2007 SEP 01, 2007 OCT 01, 2007 NOV 01, 2007 DEC 01, 2007 JAN 01, 2008 FEB 01, 2008 MAR 01, 2008 APR 01, 2008 MAY 01, 2008 JUN 01, 2008 JUL 01, 2008 AUG 01, 2008 SEP 01, 2008 OCT 01, 2008 NOV 01, 2008 DEC 01, 2008 2,239.16 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,239.16 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 2,239 16 0.01 0.01 0.01 0.01 0.01 o 01 o 01 0.01 o 01 0.01 0.01 55.72 43.17 43.42 43.67 43.92 44.17 44.42 44.68 44.94 45.19 45.45 45.72 45.98 33.37 33.56 33.75 33.95 34.14 34.34 34.53 34.73 34.93 35.13 35.34 35.54 22.87 23.00 23 13 23.26 23.40 23.53 23 67 23.80 23 94 24 08 -4,211.63 2,183 44 -43.16 -43.41 -43 66 -43.91 -44.16 -44 41 -44.67 -44.93 -45.18 -45.44 -45.71 2,193.18 -33.36 -33.55 -33.74 -33.94 -34.13 -34.33 -34.52 -34.72 -34.92 -35.12 -35.33 2,203 62 -22.86 -22 99 -23 12 -23 25 -23 39 -23 52 -23 66 -23 79 -23 93 - 24 07 4,211 64 9,691.00 7,507.56 7,550.72 7,594.13 7,637.79 7,681.70 7,725.86 7,770.27 7,814.94 7,859.87 7,905.05 7,950.49 7,996.20 5,803.02 5,836.38 5,869.93 5,903.67 5,937.H 5,971 .74 6,006.07 6,040.59 6,075.31 6,110.23 6,145.35 6,180.68 3,977.06 3,999.92 4,022.91 4,046.03 4,069.28 4,092 67 4,116 19 4,139.85 4,163.64 4,187.57 4,211 64 o 00 Total 6,717.81 -2,973.19 9,691 00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02773207-01 Date' 2005-10-17 Mach/Model: Term: Install Month: monthly Rate 9BPP/004 36 11/05 6.90% Net Purchase Price' Payment Frequency Option: Interest Commencement Date. PAYMENT START DATE: 10,806.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result~ng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provis~ons . payment Due Payment Fin. Charge Principal Balance -- ---------- ------------- -------------- -------------- -- --- --------- lU,806.00 JAN 01, 2006 2,496.79 62.13 2,434.66 !L 371. 34 FEB 01, 2006 0.01 48.14 -48.13 0,.119.47 MAR 01, 2006 0.01 48.41 -48.40 8,467.87 APR 01, 2006 0.01 48.69 -48.68 8,516.55 MAY 01, 2006 0.01 48.97 -48.96 8 565.51- JON 01, 2006 0.01 49.25 -49.24 fl,614.75 JUL 01, 2006 0.01 49.53 -49.52 &,564.27 AUG 01, 2006 0.01 49.82 -49.81 8 714.08 SEP 01, 2006 0.01 50.11 -50.10 8,764.18 OCT 01, 2006 0.01 50.39 -50 38 P.814.56 NOV 01, 2006 0.01 50.68 -50.67 8,865.23 DEC 01, 2006 0.01 50.98 -50.97 8,916.20 JAN 01, 2007 2,496.79 51. 27 2,445.52 6,470.68 FEB 01, 2007 0.01 37.21 -37.20 6,507.88 MAR 01, 2007 0.01 37.42 -37.41 5,545.29 APR 01, 2d07 0.01 37.64 -37.63 6,582.92 MAY 01, 2007 0.01 37.85 -37.84 G,620.76 JON 01, 2007 0.01 38.07 -38.06 6,658.82 JUL 01, 2007 0.01 38.29 -38.28 6,697.10 AUG 01, 2007 0.01 38.51 -38.50 6,735.60 SEP 01, 2007 0.01 38.73 -38.72 6,774.32 OCT 01, 2007 0.01 38.95 -38.94 6,813.26 NOV 01, 2007 0.01 39.18 -39.17 6,852.43 DEC 01, 2007 0.01 39.40 -39.39 6,891.82 JAN 01, 2008 2,496.79 39.63 2,457 16 4,434 66 FEB 01, 2008 0.01 25.50 -25.49 4,460.15 MAR 01, 2008 0.01 25 65 -25 64 4,485.79 APR 01, 2008 0.01 25 79 -25 78 4,511.57 MAY 01, 2008 0.01 25 94 -25.93 4,537.50 JON 01, 2008 0.01 26 09 -26 08 4,563 58 JUL 01, 2008 0.01 26 24 -26.23 4,589 81 AUG 01, 2008 0.01 26 39 -26 38 4,616.19 SEP 01, 2008 0.01 26.54 -26 53 4,642.72 OCT 01, 2008 0.01 26.70 -26 69 4,669.41 NOV 01, 2008 0 01 26 85 -26 84 4,696 25 DEC 01, 2008 0.01 -4,696 24 4,696 25 0 00 ------------ ------------- -------------- Total 7,490.70 -3,315.30 10,806 00 PAGE I ofl INSTALLMENT PAYMENT SUPPLEMENT Address of Customer INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 Installed at Location INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 Customer No: IBM CSO Location: Installment Payment Master Agreement No: IPMA Amendment Nos: Quote Validity Date: Referenced Quote Letter No: 7250568 PAH ND52261 11/09/05 Q0277320701 Date Prepared 10/17/05 Page 1 of 3 Supplement No: 100023835 Referenced Purchase Agreement No: Referenced License Agreement No: Referenced Trade-In Agreement No: Associated Supplement No: PAYMENT PERIOD Fiscal year Supplier Name Interest Total Payment Rates shown 1 Monthly 'X Annual" Start Date AGIL YSYS INC Commencement (illl pag~s) reflect waiver of 2 Other (specify)' 01/01 Supplier Customer no See Attacned IPMA prepayment Schedule attached (check). MonthlDay 2485101 Schedules fee provIsions THE INSTALLMENT PAYMENT MASTER AGREEMENT ("AGREEMENT") REFERENCED ABOVE SHALL BE INCORPORATED HEREIN BY REFERENCE CUSTOMER HEREUNDER SHALL BE BOUND TO THE TERMS AND CONDITIONS OF THE AGREEMENT AS CUSTOMER THE AGREEMENT, THIS SUPPLEMENT AND ANY APPLICABLE ATTACHMENTS OR ADDENDA ARE THE COMPLETE, 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, CUSTOMER REPRESENTS AND WARRANTS THAT CUSTOMER'S NAME AS SET FORTH IN THE SIGNATURE BLOCK BELOW IS CUSTOMER'S EXACT LEGAL NAME AND THE INFORMATION IDENTIFYING CUSTOMER'S STATE OF ORGANIZATION IS TRUE, ACCURATE AND COMPLETE IN ALL RESPECTS BY SIGNING BELOW, BOTH PARTIES AGREE TO THE TERMS REPRESENTED BY THIS AGREEMENT AS IT MAY BE AMENDED OR MODIFIED DELIVERY OF AN EXECUTED COPY OF ANY OF THESE DOCUMENTS BY FACSIMILE OR OTHER RELIABLE MEANS SHALL BE DEEMED TO BE AS EFFECTIVE FOR ALL PURPOSES AS DELIVERY OF A MANUALLY EXECUTED COPY CUSTOMER ACKNOWLEDGES THAT WE MAY MAINTAIN A COPY OF THESE DOCUMENTS IN ELECTRONIC FORM AND AGREES THAT COPY REPRODUCED FROM SUCH ELECTRONIC FOR OR BY ANY OTHER RELIABLE MEANS (FOR EXAMPLE, PHOTOCOPY, IMAGE OR FACSIMILE) SHALL IN ALL RESPECTS BE CONSIDERED EQUIVALENT TO AN ORIGINAL Single Equipment Location IBM/IPMA Customer Number 7250568/7239419 CSO Location Address IBM CREDIT LLC 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN PAULA PASCHAL 800-426-3889 Customer Reference Location Customer Line Number No. IBM/IPMA* IBM Plant Order or MES or Serial Number Description Machine or LPM Type/Model Feature 001 7250568 3580/L23 /~"-II'! h'l UL TRIUM 2 TAPE DRIVE 7239419 002 7250568 7210/030 ItJ VJ/PtJO DVD-RAM DRIVE 7239419 003 7250568 7310/CR3 JOAc3?/l-RACK-MOUNTED HMC 7239419 g8:3CD 1...1" 004 7250568~1 U .,,!ftJ/JNV71f XSERIES 366 2X XEON 3.66GHZ jf, 7239419 <lg 3f;, vc. 005 7250568 ~E1 U j(()./iNtUollxSERIES 366 2X XEON 3.66GHZ 7239419 TOTAL FROM ALL PAGES: PURCHASE PRICE OR ONE TIME CHARGES OR OTHER AMOUNT $141,00000 TRADE-IN/CREDIT DOWN PAYMENT STATE OR LOCAL TAXES AMOUNT FINANCED $141,000.00 "TAX ON FINANCE CHARGE (WHEN APPLICABLE THIS TAX IS PAYABLE WITH FIRST INSTALLMENT) Z125-4285-13 (07/03) Purchase Price or One-Time Charges or Other Amount Estimated Installation Date or Intended Financing Date or Effective Date of Additional License Term (Number of Payment periOdS)~ j Option Credit State (From IBM Trade-In and Agreement) Local and/or Amount Interest Payment Planning Taxes Down Payment Financed Rate Amount Date 4,807.00 1,199.00 5,720.00 1,93500 1,935.00 4,807.00 1,199.00 5,720.00 1,935.00 1,935.00 4.50 See Attached IG 36 11/30/05 4.50 schedules IG 36 11/30/05 675 450 IG 36 11/30/05 IG 36 11/30/05 IG 36 11/30/05 4.50 State of Organization WA INSTALLMENT PAYMENT SUPPLEMENT Continuation Sheet Installed at Location INFORMATION TECH DIV Customer No: 7250568 325 E FIFTH ST IBM CSO Location: PAH PORT ANGELES, WA 98362-3206 Installment Payment Master Agreement No: ND52261 IPMA Amendment Nos: Quote Validity Date: 11/09/05 CSO Location Address Referenced Quote Letter No: Q0277320701 IBM CREDIT LLC 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN PAULA PASCHAL 800-426-3889 Address of Customer INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 Single Equipment Location IBM/IPMA Customer Number 7250568/7239419 Customer Reference IBM Plant Location Machine Order or Purchase Price Customer or LPM MES or or One-Time Line Number Type/Model Serial Charges or No. IBM/IPMA* Feature Number Description Other Amount 006 7250568..aseatE1 U _.,.ktlll#L@1XSERIES 366 2X XEON 3.66GHZ 1,935.00 7239419 1l'gac.o t,,~ 007 7250568 a.searE1 U /K&1>L F$BxSERIES 366 2X XEON 3.66GHZ 1,935.00 72394199'83" t.JG, 008 7250568 8863/E1U KQAPT'7R. XSERIES 366 2X XEON 3.66GHZ 17,361.00 7239419 009 7250568 9BPP/004 H019695 BP TAX FINANCING 10,806.00 7239419 010 7250568 9PAC/001 H019692 IBM SERVICEPAC 680.00 7239419 011 7250568 9SSR/001 H019690 REMARKETED SERVICESUITE 11,582.00 7239419 012 7250568 9406/520 I {J6E9t//- ESERVER 15 57,644.00 7239419 013 7250568 9992/003 H019691 RESELLER SOURCED IBM SW 10,53000 7239419 014 7250568 9994/M18 H019694 OEM HARDWARE FINANCING 9,691.00 7239419 015 7250568 9994/001 H01969:it'ENDOR SOURCED PRODUCTS/SVCS3,240.00 7239419 Date Prepared 10/17/05 Page 2 of 3 Supplement No: 100023835 Referenced Purchase Agreement No: Referenced License Agreement No: Referenced Trade-In Agreement No: Associated Supplement No: Estimated Installation Date or Inlended Financing Date or Effective Dale of Additional License Term (Number of Payment Periods) j Option Credit State (From IBM Trade-In and Agreement) Local and/or Amount Interest Payment I I Planning Taxes Down Payment Financed Rate Amount , \ Date 1,935.00 4.50 See Attached IG 36 11/30/05 1,935.00 4.50 Schedules IG 36 11/30/05 17,361.00 450 IG 36 11/30/05 10,806.00 6.90 T' 36 11/30105 680.00 5.27 S' 36 11/30/05 11,582.00 5.27 S' 36 11/30/05 57,644.00 4.50 IG 36 11/30/05 10,530.00 4.77 S' 36 11/30/05 9,691.00 6.90 T' 36 11/30/05 3,240.00 690 T' 36 11/30/05 PAYMENT PERIOD 1. Monthly 'X Annual " 2. Other (specify) Schedule attached (check) " Z125-4285-13 (07103) Additional Terms and Conditions OPTION CODES OPTION I - Loan for a Machine or a Modification OPTION IG - Loan for a Machine or a Modification financed with Tax Exempt Interest OPTION R - Loan for a used Machine supplied by IBM Credit LLC. OPTION RG- Loan for a used Machine supplied by IBM Credit LLC financed with Tax Exempt Interest OPTION S - Loan for an IBM Program or Service or a Machine or a Modification supplied by IBM Credit LLC OPTION S' - Loan for an IBM Program or Service or a Machine or a Modification supplied by IBM Credit LLC financed with Tax Exempt Interest OPTION T - Loan for a non-IBM Program or Service. OPTION l' - Loan for a non-IBM Program or Service financed with Tax Exempt Interest. TAX EXEMPT REQUIREMENTS (FOR OPTIONS IG, RG, S', and T') THE RATES IN THIS AGREEMENT ARE BASED ON YOUR UNDERLYING DEBT OBLIGATION QUALIFYING TO PAY INTEREST WHICH IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 103(a) OF THE INTERNAL REVENUE CODE (Code). Accordingly, you represent that you qualify as a State or political subdivision of a State for purposes of Section 103(a). You agree that any misrepresentation of your status under Section 103(a) IS an event of default under thiS agreement. You further agree to comply promptly with all information reporting reqUIrements of Code section 149(e) and Treasury Regulations thereunder You also agree to file Internal Revenue Service Form 8038-G or 8038-GC whichever IS appropnate, for thiS transaction If you do not file the above IRS form on a timely baSIS or are unable upon request to demonstrate that the IRS has determined you are qualified under Section 103(a) of the Code, then you shall pay us on demand a sum to be determined by us that Will return to us the economic results we would otherwise have received PREPAYMENT AND PREPAYMENT FEE Section 3 5 - Prepayment - replace the fourth sentence with' "You may prepay any Transaction by paYing all outstanding amounts due plus any acrued Interest charges not yet billed, the remaining pnncipal balance and any prepayment fee" The prepayment fee shall be the sum of our unrecovered administrative expense and any change to our funding costs The unrecovered administrative expense portion of the prepayment fee Will be determined using a factor of 2.50% multiplied by the remaining Transaction principal The change in funding costs portion of the prepayment fee Will. a) only be Incurred If Interest rates, based upon the 2-year Treasury Rate averages as published by the Federal Reserve, decline from the date interest starts to the date of the prepayment and b) If Incurred, be determined using a factor of 2 8 multiplied by the change In the 3-year Treasury Rates and then multiplied by the remaining Transaction prinCipal. The 2 8 factor will decrease With the number of months remaining in the original term of the Agreement. WARRANTY DISCLAIMER: Any warranties associated with Products or Services chosen by you and financed by us may be available to you under the terms of any applicable agreement between you and the proVider of such Products or Services. UNDER THIS AGREEMENT, WE MAKE 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, AND YOU TAKE THE PRODUCTS AND/OR SERVICES "AS IS". IN NO EVENT WILL WE HAVE ANY LIABILITY FOR, NOR WILL YOU HAVE ANY REMEDY UNDER THIS Z125-4285.13 (07/03) Supplement Number 100023835 AGREEMENT AGAINST US FOR CONSEQUENTIAL DAMAGES, ANY LOSS OF PROFITS OR SAVINGS, LOSS OF USE, OR ANY OTHER COMMERCIAL LOSS. The following amend the Installment Payment Master Agreement referenced on page 1. Section 1.1 - Definitions - Date of Installation for a Program -- replace item b With the following' "the second bUSiness day after the Program's standard transit allowance penod." Section 4 1 - Events of Default - add the follOWing' 8 you make any misrepresentation relating to Information or Invoices you proVide to us; or 9 you use any funds you receive from us for any purpose other than to acquire the speCifiC Product herein. Section 4 2 - Remedies - at the end of the first paragraph add the follOWing: "6 - reqUIre you to surrender to us for return to licensor or owner all licensed program materials financed hereunder and to destroy any and all copies thereof." At the end of the Section add a new paragraph to read as follows: "You agree that: (i) 10 days pnor wntten notice shall constitute adequate notice of dispOSition of any Machine, Modification or Addition, (II) we have no obligation to cleanup or otherwise prepare the Machine, Modification or Addition for dlspositon and (III) that any disposition of a Machine, Modification or Addition will be conveyed on an "AS IS" basis and we may disclaim any and all warranties." Section 4.3. - Secunty Interest - delete the first and second paragraphs in their entirety and replace With the follOWing: "You hereby grant to us a first priority secunty Interest In each Machine, Modification or Addition together with all related software (embedded therein or otherwise) and all attachments, accessones, accessions and upgrades thereto and any and all substitutions, replacements or exchanges for any such Machine, Modification or Addition and any related software and any and all proceeds of any of the foregoing, including, Without limitation, payments under Insurance or any Indemnity or warranty relating to loss or damage to such Machine, Modification-, Addition or software. You hereby authOrize us to file Uniform CommerCial Code (UCC) finanCing statements relating to each Machine, Modification, Addition and all related software (embedded or otherwise) listed on thiS Supplement You Will cooperate With us to maintain our perfected first pnonty secunty Interest in all Machines, Modifications, or Additions and any related software financed hereunder" Terms for non-IBM Equipment and for Equipment not sourced from IBM; when non-IBM Equipment and/or a Supplier other than IBM is specified on the front of this Supplement, these terms apply. Section 2.1 - Machines - replace the first sentence with the following "We finance charges for Machines you purchase from us or your supplier." Section 2.2 - Modifications and Additions - replace the first sentence With the following "We finance charges for Modifications and Additions you purchase from IBM, IBM Credit or your supplier." Section 2.3 - Other Charges - add the following to the end of the section' "We may agree to finance one-time charges from your supplier." Section 2.4 - Discounts, Allowances and Adjustments - replace the first sentence With the following: "The purchase price or one-time charge we finance is the same amount that you would have paid us or your supplier after all discounts and adjustments." Section 3 2 - Interest Commencement - replace the entire section With the follOWing. "Unless otherwise specified In the Supplement, interest starts on (for OPTIONS IG, RG, S', and l' transactions, interest starts on the first day of the month follOWing) the acceptance date you indicate on a certificate." Page 3 of 3 --. - - -----. - - ---- - ~ --.- ---- - - - -~- ==~=-:= CERTIFICATE OF ACCEPTANCE Page 1 of 3 Credit LLC Customer Number: 7250568 Address INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 lender's Office Address 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN: PAULA PASCHAL Customer Reference: Agreement Number: ND52261 Supplement No: ID0023835 Location Leased/Financed Item Plant Order Contract Serial No. Manufacturer's Serial No. Customer Type Model or MES No. Description 7250568 3580 L23 ULTRIUM 2 TAPE DRIVE 7250568 7210 030 DVD-RAM DRIVE 7250568 7310 CR3 W3~~ RACK-MOUNTED HMC 7250568 ~ E1U ~"Is~~"" XSERIES 366 2X XEON 3.66 7250568 -866S E1U ~~~ XSERIES 366 2X XEON 3.66 7250568 "8868 E1U ~'- XSERIES 366 2X XEON 3.66 7250568 ~ E1U XSERIES 366 2X XEON 3.66 7250568 8863 E1U XSERIES 366 2X XEON 3.66 7250568 9BPP 004 H019695 H019695 BP TAX FINANCING THE UNDERSIGNED ("CUSTOMER") IS A LESSEE OR CUSTOMER UNDER THE AGREEMENT REFERENCED ABOVE ("AGREEMENT") WITH EITHER IBM CREDIT LLC OR INTERNATIONAL BUSINESS MACHINES CORPORATION (IN EITHER CASE, "LENDER"). CUSTOMER REPRESENTS AND CERTIFIES THAT THE ITEMS LISTED ABOVE, LISTED ON INVOICES ATTACHED, OR ITEMIZED ON AN ATTACHMENT TO THIS CERTIFICATE OF ACCEPTANCE ("ACCEPTED ITEMS") HAVE BEEN ACCEPTED BY CUSTOMER ON THE DATE INDICATED BELOW AND LABELS, IF SUPPLIED, HAVE BEEN AFFIXED TO EACH ACCEPTED ITEM OF EQUIPMENT. CUSTOMER AUTHORIZES LENDER TO PAY CUSTOMER'S SUPPLIER FOR THE ACCEPTED ITEMS. AMOUNTS DUE UNDER THE AGREEMENT SHALL COMMENCE UPON THE DATE CUSTOMER INDICATES BELOW UNLESS OTHERWISE NOTED BY LENDER ON THE SUPPLEMENT. IF CUSTOMER IS SUBJECT TO PROCUREMENT OR APPROPRIATION LAWS OR REGULATIONS, CUSTOMER REPRESENTS AND CERTIFIES THAT LENDER'S DIRECT PAYMENT TO CUSTOMER'S SUPPLIER FOR THE INVOICE AMOUNTS INDICATED ON THIS CERTIFICATE OF ACCEPTANCE WILL BE IN FULL COMPLIANCE WITH ANY AND ALL RELEVANT STATE LAWS AND REGULATIONS OR ANY OTHER LEGAL REQUIREMENTS RELATING TO CUSTOMER'S PROCUREMENT OR APPROPRIATION ACTIVITIES. IN ORDER FOR THIS CERTIFICATE OF ACCEPTANCE TO BE EFFECTIVE, CUSTOMER MUST PROVIDE LENDER WITH SERIAL NUMBERS FOR EACH ACCEPTED ITEM OF EQUIPMENT. CUSTOMER AUTHORIZES LENDER TO COMPLETE OR UPDATE ANY EQUIPMENT IDENTIFICATION INFORMATION ON THE REFERENCED AGREEMENT OR SUPPLEMENT TO THE AGREEMENT FOR ANY ACCEPTED ITEM OF EQUIPMENT WITHOUT FURTHER ACTION OR CONSENT BY CUSTOMER. DELIVERY OF AN EXECUTED COPY OF THIS CERTIFICATE OF ACCEPTANCE BY FACSIMILE OR ANY OTHER RELIABLE MEANS SHALL BE DEEMED TO BE AS EFFECTIVE FOR ALL PURPOSES AS DELIVERY OF A MANUALLY EXECUTED COPY. CUSTOMER UNDERSTANDS THAT LENDER MAY MAINTAIN A COPY OF THIS CERTIFICATE IN ELECTRONIC FORM AND AGREES THAT A COPY PRODUCED 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. BY SIGNING BELOW, CUSTOMER REPRESENTS AND WARRANTS THAT CUSTOMER'S NAME AS SET FORTH IN THE SIGNATURE BLOCK BELOW IS CUSTOMER'S EXACT LEGAL NAME AND THE INFORMATION IDENTIFYING CUSTOMER'S STATE OF ORGANIZATION IS TRUE, ACCURATE AND COMPLETE IN ALL RESPECTS. RENT COMMENCEMENT DATE: \I/~~/o"=> (Must be Completed) Accepted by CITY OF PORT ANGELES Customer \ ~/(~/QS WA PLEASE RETURN TO LENDER OFFICE ADDRESS OR FAX NUMBER LISTED ABOVE WITHIN 10 DAYS OF RECEIPT 2125-5137-14 (08/05) --. ~ - ---- ---~- - ~ --. ---- - - - --- ==~=-:= CERTIFICATE OF ACCEPTANCE Page 2 of 3 Credit LtC Customer Number: 7250568 Address INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 lender's Office Address 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN: PAULA PASCHAL Customer Reference: Agreement Number: ND52261 Supplement No: ID0023835 Location Leased/Financed Item Plant Order Contract Senal No. Manufacturer's Serial No. Customer Type Model or MES No. Descnption 7250568 9 PAC 001 H019692 H019692 IBM SERVICEPAC 7250568 9SSR 001 H019690 H019690 REMARKETED SERVICESUITE 7250568 9406 520 ESERVER 15 7250568 9992 003 H019691 H019691 RESELLER SOURCED IBM SW 7250568 9994 MI8 H019694 H019694 OEM HARDWARE FINANCING 7250568 9994 001 H019693 H019693 VENDORSOURCEDPRODUCT~SVCS Z125-5137-14 (08/05) --- - --~- ----- - ~ ---- ---- - - - --- ==~=-:= CERTIFICATE OF ACCEPTANCE Page 3 of 3 Credit LiC Customer Number: 7250568 Address INFORMATION TECH DIV 325 E FIFTH ST PORT ANGELES, WA 98362-3206 lender's Office Address 4000 EXECUTIVE PKWY SAN RAMON, CA 94583 ATTN: PAULA PASCHAL Customer Reference: Agreement Number: ND52261 Supplement No: ID0023835 Location Leased/Financed Item Customer Type Model Plant Order or MES No. Contract Serial No. Manufacturer's Serial No. Description Supplier Supplier Invoice Information (Invoices May Be Attached) Invoice Number Invoice Date Invoice Amount 1. 2. 3. 4. 5. 6. TOTAL 0.00 Z125-5137-14 (08/05) ~ IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q02773207-01 Date' 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 8863/E 1 U 36 11/05 4.50% Net Purchase Pnce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,935.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any down payments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provIsions Payment Due Payment F1n. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 1,935.00 JAN 01, 2006 425.66 7.26 418.40 1,516.60 FEB 01, 2006 0.01 5.69 -5.68 1,522.28 MAR 01, 2006 0.01 5.71 -5.70 1,527.98 APR 01, 2006 0.01 5.73 -5.72 1,533.70 MAY 01, 2006 0.01 5.75 -5.74 1,539.44 JUN 01, 2006 0.01 5.77 -5.76 1,545.20 JUL 01, 2006 0.01 5.79 -5.78 1,550.98 AUG 01, 2006 0.01 5.82 -5.81 1,556.79 SEP 01, 2006 0.01 5.84 -5.83 1,562.62 OCT 01, 2006 0.01 5.86 -5.85 1,568.47 NOV 01, 2006 0.01 5.88 -5.87 1,574.34 DEC 01, 2006 0.01 5.90 -5.89 1,580.23 JAN 01, 2007 425.66 5.93 419.73 1,160.50 FEB 01, 2007 0.01 4.35 -4.34 1,164.84 MAR 01, 2007 0.01 4.37 -4.36 1,169.20 APR 01, 2007 0.01 4.38 -4.37 1,173.57 MAY 01, 2007 0.01 4.40 -4.39 1,177.96 JUN 01, 2007 0.01 4.42 -4.41 1,182.37 JUL 01, 2007 0.01 4.43 -4.42 1,186.79 AUG 01, 2007 0.01 4.45 -4.44 1,191.23 SEP 01, 2007 0.01 4.47 -4.46 1,195.69 OCT 01, 2007 0.01 4.48 -4.47 1,200.16 NOV 01, 2007 0.01 4.50 -4.49 1,204.65 DEC 01, 2007 0.01 4.52 -4.51 1,209.16 JAN 01, 2008 425.66 4.53 421.13 788.03 FEB 01, 2008 0.01 2.96 -2.95 790.98 MAR 01, 2008 0.01 2.97 -2.96 793.94 APR 01, 2008 0.01 2.98 -2.97 796.91 MAY 01, 2008 0.01 2.99 -2.98 799.89 JUN 01, 2008 0.01 3.00 -2.99 802.88 JUL 01, 2008 0.01 3.01 -3.00 805.88 AUG 01, 2008 0.01 3.02 -3.01 808.89 SEP 01, 2008 0.01 3.03 -3.02 811.91 OCT 01, 2008 0.01 3.04 -3.03 814.94 NOV 01, 2008 0.01 3.06 -3.05 817.99 DEC 01, 2008 0.01 -817.98 817.99 0.00 ------------ ------------- -------------- Total 1,277.31 -657.69 1,935.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number: Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 8863/ElU 36 11/05 4.50% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,935.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculat~ons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result~ng from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on th~s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee prov~s~ons. Payment Due Payment Fin. Charge Pr~nc~pal Balance ------------ ------------- -------------- -------------- -------------- 1,935.00 JAN 01, 2006 425.66 7.26 418.40 1,516.60 FEB 01, 2006 0.01 5.69 -5.68 1,522.28 MAR 01, 2006 0.01 5.71 -5.70 1,527.98 APR 01, 2006 0.01 5.73 -5.72 1,533.70 MAY 01, 2006 0.01 5.75 -5.74 1,539.44 JUN 01, 2006 0.01 5.77 -5.76 1,545.20 JUL 01, 2006 0.01 5.79 -5.78 1,550.98 AUG 01, 2006 0.01 5.82 -5.81 1,556.79 SEP 01, 2006 0.01 5.84 -5.83 1,562.62 OCT 01, 2006 0.01 5.86 -5.85 1,568.47 NOV 01, 2006 0.01 5.88 -5.87 1,574.34 DEC 01, 2006 0.01 5.90 -5 89 1,580.23 JAN 01, 2007 425.66 5.93 419.73 1,160.50 FEB 01, 2007 0.01 4.35 -4.34 1,164.84 MAR 01, 2007 0.01 4.37 -4.36 1,169.20 APR 01, 2007 0.01 4.38 -4.37 1,173.57 MAY 01, 2007 0.01 4.40 -4.39 1,177.96 JUN 01, 2007 0.01 4.42 -4.41 1,182.37 JUL 01, 2007 0.01 4.43 -4.42 1,186.79 AUG 01, 2007 0.01 4.45 -4.44 1,191.23 SEP 01, 2007 0.01 4.47 -4.46 1,195.69 OCT 01, 2007 0.01 4.48 -4.47 1,200 16 NOV 01, 2007 0.01 4.50 -4.49 1,204.65 DEe 01, 2007 0.01 4.52 -4.51 1,209.16 JAN 01, 2008 425.66 4.53 421.13 788.03 FEB 01, 2008 0.01 2.96 -2.95 790.98 MAR 01, 2008 0.01 2.97 -2.96 793.94 APR 01, 2008 0.01 2.98 -2.97 796.91 MAY 01, 2008 0.01 2.99 -2.98 799.89 JUN 01, 2008 0.01 3.00 -2.99 802.88 JUL 01, 2008 0.01 3.01 -3.00 805.88 AUG 01, 2008 0.01 3.02 -3.01 808.89 SEP 01, 2008 0.01 3.03 -3.02 811.91 OCT 01, 2008 0.01 3.04 -3.03 814.94 NOV 01, 2008 0.01 3.06 -3.05 817.99 DEC 01, 2008 0.01 -817 . 98 817 . 99 0.00 ------------ ------------- -------------- Total 1,277.31 -657.69 1,935.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 8863/E1U 36 11/05 4.50% Net Purchase Pr~ce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,935.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment pr~or to the stated end of term, w~ll be based on the actual Install Date and Interest Commencement Date. The payments on th~s schedule reflect wa~ver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Pr~ncipal Balance ------------ ------------- -------------- -------------- -------------- 1,935.00 JAN 01, 2006 425.66 7.26 418.40 1,516.60 FEB 01, 2006 0.01 5.69 -5.68 1,522.28 MAR 01, 2006 0.01 5.71 -5.70 1,527.98 APR 01, 2006 0.01 5.73 -5.72 1,533.70 MAY 01, 2006 0.01 5.75 -5.74 1,539.44 JUN 01, 2006 0.01 5.77 -5.76 1,545.20 JUL 01, 2006 0.01 5.79 -5.78 1,550.98 AUG 01, 2006 0.01 5.82 -5.81 1,556.79 SEP 01, 2006 0.01 5.84 -5.83 1,562.62 OCT 01, 2006 0.01 5.86 -5.85 1,568.47 NOV 01, 2006 0.01 5.88 -5.87 1,574.34 DEC 01, 2006 0.01 5.90 -5.89 1,580.23 JAN 01, 2007 425.66 5.93 419.73 1,160.50 FEB 01, 2007 0.01 4.35 -4.34 1,164.84 MAR 01, 2007 0.01 4.37 -4.36 1,169.20 APR 01, 2007 0.01 4.38 -4.37 1,173.57 MAY 01, 2007 0.01 4.40 -4.39 1,177.96 JUN 01, 2007 0.01 4.42 -4.41 1,182.37 JUL 01, 2007 0.01 4.43 -4.42 1,186.79 AUG 01, 2007 0 01 4.45 -4.44 1,191.23 SEP 01, 2007 0.01 4.47 -4.46 1,195.69 OCT 01, 2007 0.01 4.48 -4.47 1,200.16 NOV 01, 2007 0.01 4.50 -4.49 1,204 65 DEe 01, 2007 0.01 4.52 -4.51 1,209.16 JAN 01, 2008 425.66 4.53 421.13 788.03 FEB 01, 2008 0.01 2.96 -2.95 790.98 MAR 01, 2008 0.01 2.97 -2.96 793.94 APR 01, 2008 0.01 2.98 -2.97 796.91 MAY 01, 2008 0.01 2.99 -2.98 799.89 JUN 01, 2008 0.01 3.00 -2.99 802.88 JUL 01, 2008 0.01 3.01 -3.00 805.88 AUG 01, 2008 0.01 3.02 -3.01 808.89 SEP 01, 2008 0.01 3.03 -3.02 811.91 OCT 01, 2008 0.01 3.04 -3.03 814.94 NOV 01, 2008 0.01 3.06 -3.05 817.99 DEC 01, 2008 0.01 -817.98 817.99 0.00 ------------ ------------- -------------- Total 1,277.31 -657.69 1,935.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number: Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 8863/E1U 36 11/05 4.50% Net Purchase Pr1ce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 1,935.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, w1ll be based on the actual Install Date and Interest Commencement Date. The payments on th1s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provis1ons. Payment Due Payment Fin. Charge Pr1ncipal Balance ------------ ------------- -------------- -------------- -------------- 1,935.00 JAN 01, 2006 425.66 7.26 418.40 1,516.60 FEB 01, 2006 0.01 5.69 -5.68 1,522.28 MAR 01, 2006 0.01 5.71 -5.70 1,527.98 APR 01, 2006 0.01 5.73 -5.72 1,533.70 MAY 01, 2006 0.01 5.75 -5.74 1,539.44 JUN 01, 2006 0.01 5.77 -5.76 1,545.20 JUL 01, 2006 0.01 5.79 -5.78 1,550.98 AUG 01, 2006 0.01 5.82 -5.81 1,556.79 SEP 01, 2006 0.01 5.84 -5.83 1,562.62 OCT 01, 2006 0.01 5.86 -5.85 1,568 47 NOV 01, 2006 0.01 5.88 -5.87 1,574.34 DEC 01, 2006 0.01 5.90 -5.89 1,580.23 JAN 01, 2007 425.66 5.93 419.73 1,160.50 FEB 01, 2007 0.01 4.35 -4.34 1,164.84 MAR 01, 2007 0.01 4.37 -4.36 1,169.20 APR 01, 2007 0.01 4.38 -4.37 1,173.57 MAY 01, 2007 0.01 4.40 -4.39 1,177.96 JUN 01, 2007 0.01 4.42 -4.41 1,182.37 JUL 01, 2007 0.01 4.43 -4.42 1,186.79 AUG 01, 2007 0.01 4.45 -4.44 1,191 23 SEP 01, 2007 0.01 4.47 -4.46 1,195.69 OCT 01, 2007 0.01 4.48 -4.47 1,200.16 NOV 01, 2007 0.01 4.50 -4.49 1,204.65 DEC 01, 2007 0.01 4.52 -4.51 1,209.16 JAN 01, 2008 425.66 4.53 421.13 788 03 FEB 01, 2008 0.01 2.96 -2.95 790.98 MAR 01, 2008 0.01 2.97 -2.96 793.94 APR 01, 2008 0.01 2.98 -2.97 796.91 MAY 01, 2008 0.01 2.99 -2.98 799.89 JUN 01, 2008 0.01 3.00 -2.99 802.88 JUL 01, 2008 0.01 3.01 -3.00 805.88 AUG 01, 2008 0.01 3.02 -3.01 808.89 SEP 01, 2008 0.01 3.03 -3.02 811.91 OCT 01, 2008 0.01 3.04 -3.03 814.94 NOV 01, 2008 0.01 3.06 -3.05 817 . 99 DEC 01, 2008 0.01 -817 98 817.99 0.00 ------------ ------------.- -------------- Total 1,277.31 -657.69 1,935.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number: Q02773207-01 Date 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 8863/E1U 36 11/05 4.50% Net Purchase Prlce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 17,361. 00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculatlons are based on the planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge Princlpal Balance ------------ ------------- -------------- -------------- -------------- 17,361.00 JAN 01, 2006 3,819.02 65.10 3,753.92 13,607.08 FEB 01, 2006 0.01 51.03 -51.02 13,658.10 MAR 01, 2006 0.01 51.22 -51.21 13,709.31 APR 01, 2006 0.01 51.41 -51. 40 13,760.71 MAY 01, 2006 0.01 51.60 -51.59 13,812.30 JUN 01, 2006 0.01 51.80 -51.79 13,864.09 JUL 01, 2006 0.01 51.99 -51.98 13,916.07 AUG 01, 2006 0.01 52 19 -52.18 13,968.25 SEP 01, 2006 0.01 52.38 -52.37 14,020.62 OCT 01, 2006 0.01 52.58 -52.57 14,073.19 NOV 01, 2006 0.01 52.77 -52.76 14,125.95 DEC 01, 2006 0.01 52.97 -52.96 14,178.91 JAN 01, 2007 3,819.02 53.17 3,765.85 10,413.06 FEB 01, 2007 0.01 39.05 -39.04 10,452.10 MAR 01, 2007 0.01 39.20 -39.19 10,491.29 APR 01, 2007 0.01 39.34 -39.33 10,530.62 MAY 01, 2007 0.01 39.49 -39.48 10,570.10 JUN 01, 2007 0.01 39.64 -39.63 10,609.73 JUL 01, 2007 0.01 39.79 -39.78 10,649.51 AUG 01, 2007 0.01 39.94 -39.93 10,689.44 SEP 01, 2007 0.01 40 09 -40. 08 10,729.52 OCT 01, 2007 0.01 40.24 -40.23 10,769.75 NOV 01, 2007 0.01 40.39 -40.38 10,810.13 DEe 01, 2007 0.01 40.54 -40.53 10,850.66 JAN 01, 2008 3,819.02 40.69 3,778.33 7,072.33 FEB 01, 2008 0.01 26.52 -26.51 7,098.84 MAR 01, 2008 0.01 26.62 -26.61 7,125.45 APR 01, 2008 0.01 26.72 -26.71 7,152.16 MAY 01, 2008 0.01 26.82 -26.81 7,178.97 JUN 01, 2008 0.01 26.92 -26.91 7,205.88 JUL 01, 2008 0.01 27.02 -27.01 7,232.89 AUG 01, 2008 0.01 27.12 -27.11 7,260.00 SEP 01, 2008 0.01 27.22 -27.21 7,287.21 OCT 01, 2008 0.01 27.33 -27.32 7,314.53 NOV 01, 2008 0.01 27.43 -27.42 7,341.95 DEC 01, 2008 0.01 -7,341.94 7,341.95 0.00 ------------ ------------- -------------- Total 11,457.39 -5,903.61 17,361.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number: Q02773207-01 Date. 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9406/520 36 11/05 4.50% Net Purchase Price: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 57,644.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculatlons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, wlll be based on the actual Install Date and Interest Commencement Date. The payments on thlS schedule reflect walver of the Installment Payment Master Agreement prepayment fee prOV1S1.0ns. Payment Due Payment F1.n. Charge Princ1.pal Balance ------------ ------------- -------------- -------------- -------------- 57,644.00 JAN 01, 2006 12,680.37 216.17 12,464.20 45,179.80 FEB 01, 2006 0.01 169.42 -169.41 45,349.21 MAR 01, 2006 0.01 170.06 -170.05 45,519.26 APR 01, 2006 0.01 170.70 -170.69 45,689.95 MAY 01, 2006 0.01 171.34 -171.33 45,861.28 JUN 01, 2006 0.01 171.98 -171.97 46,033.25 JUL 01, 2006 0.01 172 . 62 -172.61 46,205.86 AUG 01, 2006 0.01 173.27 -173.26 46,379 12 SEP 01, 2006 0.01 173.92 -173.91 46,553.03 OCT 01, 2006 0.01 174.57 -174.56 46,727.59 NOV 01, 2006 0.01 175.23 -175.22 46,902.81 DEC 01, 2006 0.01 175.89 -175.88 47,078.69 JAN 01, 2007 12,680.37 176.55 12,503.82 34,574.87 FEB 01, 2007 0.01 129.66 -129.65 34,704.52 MAR 01, 2007 0.01 130.14 -130.13 34,834.65 APR 01, 2007 0.01 130.63 -130.62 34,965.27 MAY 01, 2007 0.01 131.12 -131.11 35,096.38 JUN 01, 2007 0.01 131.61 -131.60 35,227.98 JUL 01, 2007 0.01 132.10 -132.09 35,360.07 AUG 01, 2007 0.01 132.60 -132.59 35,492.66 SEP 01, 2007 0.01 133.10 -133.09 35,625.75 OCT 01, 2007 0.01 133.60 -133.59 35,759.34 NOV 01, 2007 0.01 134.10 -134.09 35,893.43 DEC 01, 2007 0.01 134.60 -134.59 36,028.02 JAN 01, 2008 12,680.37 135.11 12,545.26 23,482.76 FEB 01, 2008 0.01 88.06 -88.05 23,570.81 MAR 01, 2008 0.01 88.39 -88.38 23,659.19 APR 01, 2008 0.01 88.72 -88.71 23,747.90 MAY 01, 2008 0.01 89.05 -89.04 23,836.94 JUN 01, 2008 0.01 89.39 -89.38 23,926.32 JUL 01, 2008 0.01 89.72 -89.71 24,016.03 AUG 01, 2008 0.01 90.06 -90.05 24,106.08 SEP 01, 2008 0.01 90.40 -90.39 24,196.47 OCT 01, 2008 0.01 90.74 -90.73 24,287 20 NOV 01, 2008 0.01 91.08 -91.07 24,378.27 DEC 01, 2008 0.01 -24,378.26 24,378.27 0.00 ------------ ------------- -------------- Total 38,041. 44 -19,602.56 57,644.00 PAGE lofl IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number' Q02773207-01 Date' 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 7310/CR3 36 11/05 6.75% Net Purchase Price: Payment Frequency: Opt1on: Interest Commencement Date: PAYMENT START DATE: 5,720.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment pr10r to the stated end of term, w1ll be based on the actual Install Date and Interest Commencement Date. The payments on th1s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment F1n. Charge Principal Balance ------------ ------------- -------------- --------------- -------------- 5,720.00 JAN 01, 2006 1,317.64 32.17 1,285.47 4,434.53 FEB 01, 2006 0.01 24.94 -24.93 4,459.46 MAR 01, 2006 0.01 25.08 -25.07 4,484.53 APR 01, 2006 0.01 25.23 -25.22 4,509.75 MAY 01, 2006 0.01 25.37 -25.36 4,535.11 J1JN 01, 2006 0.01 25.51 -25.50 4,560.61 JUL 01, 2006 0.01 25.65 -25.64 4,586.25 AUG 01, 2006 0.01 25.80 -25.79 4,612.04 SEP 01, 2006 0.01 25.94 -25.93 4,637.97 OCT 01, 2006 0.01 26.09 -26.08 4,664.05 NOV 01, 2006 0.01 26.24 -26.23 4,690.28 DEC 01, 2006 0.01 26.38 -26.37 4,716.65 JAN 01, 2007 1,317.64 26.53 1,291.11 3,425.54 FEB 01, 2007 0.01 19.27 -19.26 3,444.80 MAR 01, 2007 0.01 19.38 -19.37 3,464.17 APR 01, 2007 0.01 19.49 -19.48 3,483.65 MAY 01, 2007 0.01 19.60 -19.59 3,503.24 J1JN 01, 2007 0.01 19.71 -19.70 3,522.94 JUL 01, 2007 0.01 19.82 -19.81 3,542.75 AUG 01, 2007 0.01 19.93 -19.92 3,562.67 SEP 01, 2007 0.01 20.04 -20.03 3,582.70 OCT 01, 2007 0.01 20.15 -20.14 3,602.84 NOV 01, 2007 0.01 20.27 -20.26 3,623.10 DEC 01, 2007 0.01 20.38 -20 37 3,643.47 JAN 01, 2008 1,317.64 20.49 1,297 15 2,346.32 FEB 01, 2008 0.01 13 .20 -13.19 2,359.51 MAR 01, 2008 0.01 13.27 -13.26 2,372.77 APR 01, 2008 0.01 13 .35 -13 . 34 2,386.11 MAY 01, 2008 0.01 13 .42 -13.41 2,399.52 J1JN 01, 2008 0.01 13.50 -13.49 2,413.01 JUL 01, 2008 0.01 13.57 -13.56 2,426.57 AUG 01, 2008 0.01 13.65 -13.64 2,440.21 SEP 01, 2008 0.01 13.73 -13.72 2,453.93 OCT 01, 2008 0.01 13.80 -13.79 2,467.72 NOV 01, 2008 0.01 13 .88 -13.87 2,481.59 DEC 01, 2008 0.01 -2,481. 58 2,481.59 0.00 ------------ ------------- -------------- Total 3,953.25 -1,766.75 5,720.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name CITY OF PORT ANGELES Reference Number: Q02773207-01 Date: 2005- I 0-17 Mach/Model: Term: Install Month: monthly Rate: 7210/030 36 11/05 4.50% Net Purchase Prlce: Payment Frequency: Optlon: Interest Commencement Date: PAYMENT START DATE: 1,199.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculatlons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultlng from loan prepayment prior to the stated end of term, wlll be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provislons. Payment Due Payment Fin. Charge Princlpal Balance ------------ ------------- -------------- -------------- -------------- 1,199.00 JAN 01, 2006 263.75 4.50 259.25 939.75 FEB 01, 2006 0.01 3.52 -3.51 943.26 MAR 01, 2006 0.01 3.54 -3.53 946.79 APR 01, 2006 0.01 3.55 -3.54 950.33 MAY 01, 2006 0.01 3.56 -3.55 953.88 JUN 01, 2006 0.01 3.58 -3.57 957.45 JUL 01, 2006 0.01 3.59 -3.58 961.03 AUG 01, 2006 0.01 3.60 -3.59 964.62 SEP 01, 2006 0.01 3.62 -3.61 968.23 OCT 01, 2006 0.01 3.63 -3.62 971.85 NOV 01, 2006 0.01 3.64 -3.63 975.48 DEC 01, 2006 0.01 3.66 -3.65 979.13 JAN 01, 2007 263.75 3.67 260.08 719.05 FEB 01, 2007 0.01 2.70 -2.69 721.74 MAR 01, 2007 0.01 2.71 -2.70 724.44 APR 01, 2007 0.01 2.72 -2.71 727.15 MAY 01, 2007 0.01 2.73 -2.72 729.87 JUN 01, 2007 0.01 2.74 -2.73 732.60 JUL 01, 2007 0.01 2.75 -2.74 735.34 AUG 01, 2007 0.01 2.76 -2.75 738.09 SEP 01, 2007 0.01 2.77 -2.76 740.85 OCT 01, 2007 0.01 2.78 -2.77 743.62 NOV 01, 2007 0.01 2.79 -2.78 746.40 DEe 01, 2007 0.01 2.80 -2.79 749.19 JAN 01, 2008 263.75 2.81 260.94 488.25 FEB 01, 2008 0.01 1. 83 -1.82 490.07 MAR 01, 2008 0.01 1. 84 -1.83 491.90 APR 01, 2008 0.01 1.84 -1.83 493.73 MAY 01, 2008 0.01 1 85 -1.84 495.57 JUN 01, 2008 0.01 1. 86 -1.85 497.42 JUL 01, 2008 0.01 1. 87 -1.86 499.28 AUG 01, 2008 0.01 1. 87 -1.86 501.14 SEP 01, 2008 0.01 1. 88 -1.87 503.01 OCT 01, 2008 0.01 1. 89 -1 88 504.89 NOV 01, 2008 0.01 1. 89 -1.88 506.77 DEC 01, 2008 0.01 -506.76 506.77 0.00 ------------ ------------- -------------- Total 791.58 -407.42 1,199.00 PAGE 1 ofl IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: Reference Number Date: CITY OF PORT ANGELES Q02773207-01 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 3580/L23 36 11/05 4.50% Net Purchase Price: Payment Frequency: Optlon: Interest Commencement Date: PAYMENT START DATE: 4,807.00 monthly IG 12/01/2005 12/01/2005 Payment Schedule calculations are based on the planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultlng from loan prepayment prlor to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fln. Charge Prlnclpal Balance ------------ ------------- -------------- -------------- -------------- 4,807.00 JAN 01, 2006 1,057.43 18.03 1,039.40 3,767.60 FEB 01, 2006 0.01 14.13 -14.12 3,781.72 MAR 01, 2006 0.01 14.18 -14.17 3,795.89 APR 01, 2006 0.01 14.23 -14.22 3,810.11 MAY 01, 2006 0.01 14.29 -14.28 3,824.39 JUN 01, 2006 0.01 14.34 -14.33 3,838.72 JUL 01, 2006 0.01 14.40 -14.39 3,853.11 AUG 01, 2006 0.01 14.45 -14.44 3,867.55 SEP 01, 2006 0.01 14.50 -14.49 3,882.04 OCT 01, 2006 0.01 14.56 -14.55 3,896.59 NOV 01, 2006 0.01 14.61 -14.60 3,911.19 DEC 01, 2006 0.01 14.67 -14.66 3,925.85 JAN 01, 2007 1,057.43 14.72 1,042.71 2,883.14 FEB 01, 2007 0.01 10.81 -10.80 2,893.94 MAR 01, 2007 0.01 10.85 -10.84 2,904.78 APR 01, 2007 0.01 10.89 -10.88 2,915.66 MAY 01, 2007 0.01 10.93 -10.92 2,926.58 JUN 01, 2007 0.01 10.97 -10.96 2,937.54 JUL 01, 2007 0.01 11.02 -11.01 2,948.55 AUG 01, 2007 0.01 11.06 -11.05 2,959.60 SEP 01, 2007 0.01 11.10 -11.09 2,970.69 OCT 01, 2007 0.01 11.14 -11.13 2,981.82 NOV 01, 2007 0.01 11.18 -11.17 2,992.99 DEe 01, 2007 0.01 11.22 -11.21 3,004.20 JAN 01, 2008 1,057.43 11. 27 1,046.16 1,958.04 FEB 01, 2008 0.01 7.34 -7.33 1,965.37 MAR 01, 2008 0.01 7.37 -7.36 1,972 73 APR 01, 2008 0.01 7.40 -7.39 1,980 12 MAY 01, 2008 0.01 7.43 -7.42 1,987.54 JUN 01, 2008 0.01 7.45 -7 44 1,994.98 JUL 01, 2008 0.01 7.48 -7.47 2,002.45 AUG 01, 2008 0.01 7.51 -7.50 2,009.95 SEP 01, 2008 0.01 7.54 -7.53 2,017 48 OCT 01, 2008 0.01 7.57 -7.56 2,025.04 NOV 01, 2008 0.01 7.59 -7.58 2,032.62 DEe 01, 2008 0.01 -2,032.61 2,032.62 0.00 ------------ ------------- -------------- Total 3,172.62 -1,634.38 4,807.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number: Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9SSR/001 36 11/05 5.27% Net Purchase Price: Payment Frequency: OptJ.on: Interest Commencement Date: PAYMENT START DATE: 11,582.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultJ.ng from loan prepayment prJ.or to the stated end of term, wJ.ll be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge PrJ.ncJ.pal Balance ------------ ------------- -------------- -------------- -------------- 11,582.00 JAN 01, 2006 2,588.98 50.86 2,538.12 9,043.88 FEB 01, 2006 0.01 39.72 -39.71 9,083.59 MAR 01, 2006 0.01 39.89 -39.88 9,123.47 APR 01, 2006 0.01 40.07 -40.06 9,163.53 MAY 01, 2006 0.01 40.24 -40.23 9,203.76 JUN 01, 2006 0.01 40.42 -40.41 9,244.17 JUL 01, 2006 0.01 40.60 -40.59 9,284.76 AUG 01, 2006 0.01 40.78 -40.77 9,325.53 SEP 01, 2006 0.01 40.95 -40.94 9,366.47 OCT 01, 2006 0.01 41.13 -41.12 9,407.59 NOV 01, 2006 0.01 41.31 -41.30 9,448.89 DEC 01, 2006 0.01 41.50 -41.49 9,490.38 JAN 01, 2007 2,588.98 41. 68 2,547.30 6,943.08 FEB 01, 2007 0.01 30.49 -30.48 6,973.56 MAR 01, 2007 0.01 30.63 -30.62 7,004 18 APR 01, 2007 0.01 30.76 -30.75 7,034.93 MAY 01, 2007 0.01 30.90 -30.89 7,065.82 JUN 01, 2007 0.01 31.03 -31.02 7,096.84 JUL 01, 2007 0.01 31.17 -31.16 7,128.00 AUG 01, 2007 0.01 31.30 -31. 29 7,159.29 SEP 01, 2007 0.01 31. 44 -31. 43 7,190.72 OCT 01, 2007 0.01 31.58 -31.57 7,222.29 NOV 01, 2007 0.01 31.72 -31.71 7,254.00 DEe 01, 2007 0.01 31.86 -31.85 7,285.85 JAN 01, 2008 2,588.98 32.00 2,556.98 4,728 87 FEB 01, 2008 0.01 20.77 -20.76 4,749.63 MAR 01, 2008 0.01 20.86 -20.85 4,770.48 APR 01, 2008 0.01 20.95 -20.94 4,791.42 MAY 01, 2008 0.01 21.04 -21.03 4,812.45 JUN 01, 2008 0.01 21.13 -21.12 4,833.57 JUL 01, 2008 0.01 21. 23 -21.22 4,854.79 AUG 01, 2008 0.01 21.32 -21.31 4,876.10 SEP 01, 2008 0.01 21. 41 -21. 40 4,897.50 OCT 01, 2008 0.01 21.51 -21.50 4,919.00 NOV 01, 2008 0.01 21. 60 -21.59 4,940.59 DEC 01, 2008 0.01 -4,940.58 4,940.59 0.00 ------------ ------------- -------------- Total 7,767.27 -3,814.73 11,582.00 PAGE 10fl IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number. Q02773207-01 Date. 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9992/003 36 11/05 4.77% Net Purchase Price: Payment Frequency: OptJ.on: Interest Commencement Date: PAYMENT START DATE: 10,530.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculatJ.ons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resultJ.ng from loan prepayment prJ.or to the stated end of term, wJ.ll be based on the actual Install Date and Interest Commencement Date. The payments on thJ.s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fin. Charge PrincJ.pal Balance ------------ ------------- -------------- -------------- -------------- 10,530.00 JAN 01, 2006 2,329.48 41.86 2,287.62 8,242.38 FEB 01, 2006 0.01 32.76 -32.75 8,275.13 MAR 01, 2006 0.01 32.89 -32.88 8,308.01 APR 01, 2006 0.01 33.02 -33.01 8,341.02 MAY 01, 2006 0.01 33.16 -33.15 8,374.17 JUN 01, 2006 0.01 33.29 -33.28 8,407.45 JUL 01, 2006 0.01 33.42 -33.41 8,440.86 AUG 01, 2006 0.01 33.55 -33.54 8,474.40 SEP 01, 2006 0.01 33.69 -33.68 8,508.08 OCT 01, 2006 0.01 33.82 -33.81 8,541.89 NOV 01, 2006 0.01 33.95 -33.94 8,575.83 DEC 01, 2006 0.01 34.09 -34.08 8,609.91 JAN 01, 2007 2,329.48 34.22 2,295.26 6,314.65 FEB 01, 2007 0.01 25.10 -25.09 6,339.74 MAR 01, 2007 0.01 25.20 -25.19 6,364.93 APR 01, 2007 0.01 25.30 -25.29 6,390.22 MAY 01, 2007 0.01 25.40 -25.39 6,415.61 JUN 01, 2007 0.01 25.50 -25.49 6,441.10 JUL 01, 2007 0.01 25.60 -25.59 6,466.69 AUG 01, 2007 0.01 25.71 -25.70 6,492.39 SEP 01, 2007 0.01 25.81 -25.80 6,518.19 OCT 01, 2007 0.01 25.91 -25.90 6,544.09 NOV 01, 2007 0.01 26.01 -26.00 6,570.09 DEe 01, 2007 0.01 26.12 -26.11 6,596.20 JAN 01, 2008 2,329.48 26.22 2,303.26 4,292.94 FEB 01, 2008 0.01 17.06 -17.05 4,309.99 MAR 01, 2008 0.01 17.13 -17.12 4,327.11 APR 01, 2008 0.01 17 .20 -17.19 4,344.30 MAY 01, 2008 0.01 17.27 -17.26 4,361.56 JUN 01, 2008 0.01 17.34 -17.33 4,378.89 JUL 01, 2008 0.01 17.41 -17.40 4,396.29 AUG 01, 2008 0 01 17.48 -17.47 4,413.76 SEP 01, 2008 0.01 17.54 -17.53 4,431.29 OCT 01, 2008 0.01 17.61 -17.60 4,448.89 NOV 01, 2008 0 01 17.68 -17.67 4,466.56 DEC 01, 2008 0.01 -4,466.55 4,466.56 0.00 ------------ ------------- -------------- Total 6,988.77 -3,541 23 10,530.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name. CITY OF PORT ANGELES Reference Number: Q02773207-01 Date. 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9PAC/001 36 11/05 5.27% Net Purchase Pr~ce: Payment Frequency: Opt~on: Interest Commencement Date: PAYMENT START DATE: 680.00 monthly S' 12/01/2005 12/01/2005 Payment Schedule calculat~ons are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result~ng from loan prepayment pr~or to the stated end of term, w~ll be based on the actual Install Date and Interest Commencement Date. The payments on th~s schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment F~n. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 680.00 JAN 01, 2006 152.00 2.99 149.01 530.99 FEB 01, 2006 0.01 2.33 -2.32 533.31 MAR 01, 2006 0.01 2.34 -2.33 535.64 APR 01, 2006 0.01 2.35 -2.34 537.98 MAY 01, 2006 0.01 2.36 -2.35 540.33 JUN 01, 2006 0.01 2.37 -2.36 542.69 JUL 01, 2006 0.01 2.38 -2.37 545.06 AUG 01, 2006 0.01 2.39 -2.38 547.44 SEP 01, 2006 0.01 2.40 -2.39 549.83 OCT 01, 2006 0.01 2.41 -2.40 552.23 NOV 01, 2006 0.01 2.43 -2.42 554.65 DEC 01, 2006 0.01 2.44 -2.43 557.08 JAN 01, 2007 152.00 2.45 149.55 407.53 FEB 01, 2007 0.01 1. 79 -1.78 409.31 MAR 01, 2007 0.01 1. 80 -1.79 411.10 APR 01, 2007 0.01 1. 81 -1.80 412.90 MAY 01, 2007 0.01 1. 81 -1.80 414.70 JUN 01, 2007 0.01 1.82 -1.81 416.51 JUL 01, 2007 0.01 1.83 -1.82 418.33 AUG 01, 2007 0.01 1. 84 -1. 83 420.16 SEP 01, 2007 0.01 1. 85 -1. 84 422.00 OCT 01, 2007 0.01 1.85 -1.84 423.84 NOV 01, 2007 0.01 1. 86 -1.85 425 69 DEC 01, 2007 0.01 1. 87 -1.86 427.55 JAN 01, 2008 152.00 1. 88 150.12 277.43 FEB 01, 2008 0.01 1.22 -1.21 278.64 MAR 01, 2008 0.01 1.22 -1.21 279.85 APR 01, 2008 0.01 1. 23 -1.22 281.07 MAY 01, 2008 0.01 1.23 -1. 22 282.29 JUN 01, 2008 0.01 1.24 -1. 23 283.52 JUL 01, 2008 0.01 1.25 -1. 24 284.76 AUG 01, 2008 0.01 1.25 -1.24 286.00 SEP 01, 2008 0 01 1.26 -1.25 287 25 OCT 01, 2008 0.01 1.26 -1.25 288.50 NOV 01, 2008 0.01 1.27 -1.26 289 76 DEC 01, 2008 0.01 -289.75 289.76 0.00 ------------ ------------- -------------- Total 456.33 -223.67 680.00 PAGE I of I IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number: Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9994/001 36 11/05 6.90% Net Purchase Price: Payment Frequency: Optlon: Interest Commencement Date: PAYMENT START DATE: 3,240.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prlor to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on this schedule reflect walver of the Installment Payment Master Agreement prepayment fee provlslons. Payment Due Payment Fin. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 3,240.00 JAN 01, 2006 748.62 18.63 729.99 2,510.01 FEB 01, 2006 0.01 14.43 -14.42 2,524.43 MAR 01, 2006 0.01 14.52 -14.51 2,538.94 APR 01, 2006 0.01 14.60 -14.59 2,553.53 MAY 01, 2006 0.01 14.68 -14.67 2,568.20 JUN 01, 2006 0.01 14.77 -14.76 2,582.96 JUL 01, 2006 0.01 14.85 -14.84 2,597.80 AUG 01, 2006 0.01 14.94 -14.93 2,612.73 SEP 01, 2006 0.01 15.02 -15.01 2,627.74 OCT 01, 2006 0.01 15.11 -15.10 2,642.84 NOV 01, 2006 0.01 15.20 -15.19 2,658.03 DEC 01, 2006 0.01 15.28 -15.27 2,673.30 JAN 01, 2007 748.62 15.37 733.25 1,940.05 FEB 01, 2007 0.01 11.16 -11.15 1,951.20 MAR 01, 2007 0.01 11.22 -11.21 1,962.41 APR 01, 2007 0.01 11.28 -11. 27 1,973.68 MAY 01, 2007 0.01 11.35 -11. 34 1,985.02 JUN 01, 2007 0.01 11.41 -11.40 1,996.42 JUL 01, 2007 0.01 11.48 -11.47 2,007.89 AUG 01, 2007 0.01 11.55 -11 . 54 2,019.43 SEP 01, 2007 0.01 11.61 -11.60 2,031.03 OCT 01, 2007 0.01 11.68 -11.67 2,042.70 NOV 01, 2007 0.01 11.75 -11.74 2,054.44 DEe 01, 2007 0.01 11.81 -11.80 2,066.24 JAN 01, 2008 748.62 11.88 736.74 1,329.50 FEB 01, 2008 0.01 7.64 -7.63 1,337.13 MAR 01, 2008 0.01 7.69 -7.68 1,344.81 APR 01, 2008 0.01 7.73 -7.72 1,352.53 MAY 01, 2008 0.01 7.78 -7.77 1,360.30 JUN 01, 2008 0.01 7.82 -7.81 1,368.11 JUL 01, 2008 0.01 7.87 -7.86 1,375.97 AUG 01, 2008 0.01 7.91 -7.90 1,383.87 SEP 01, 2008 0.01 7.96 -7.95 1,391.82 OCT 01, 2008 0.01 8.00 -7.99 1,399.81 NOV 01, 2008 0.01 8.05 -8.04 1,407.85 DEC 01, 2008 0.01 -1,407.84 1,407.85 0.00 ------------ ------------- -------------- Total 2,246.19 -993.81 3,240.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name' CITY OF PORT ANGELES Reference Number: Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9994/MI8 36 11/05 6.90% Net Purchase Prlce: Payment Frequency: Option: Interest Commencement Date: PAYMENT START DATE: 9,691.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges resulting from loan prepayment prior to the stated end of term, will be based on the actual Install Date and Interest Commencement Date. The payments on thlS schedule reflect waiver of the Installment Payment Master Agreement prepayment fee provisions. Payment Due Payment Fln. Charge Principal Balance ------------ ------------- -------------- -------------- -------------- 9,691.00 JAN 01, 2006 2,239.16 55.72 2,183.44 7,507.56 FEB 01, 2006 0.01 43.17 -43.16 7,550.72 MAR 01, 2006 0.01 43.42 -43.41 7,594.13 APR 01, 2006 0.01 43.67 -43.66 7,637.79 MAY 01, 2006 0.01 43.92 -43.91 7,681.70 JUN 01, 2006 0.01 44.17 -44.16 7,725.86 JUL 01, 2006 0.01 44.42 -44.41 7,770.27 AUG 01, 2006 0.01 44.68 -44.67 7,814.94 SEP 01, 2006 0.01 44.94 -44.93 7,859.87 OCT 01, 2006 0.01 45.19 -45.18 7,905.05 NOV 01, 2006 0.01 45 45 -45.44 7,950.49 DEC 01, 2006 0.01 45.72 -45.71 7,996.20 JAN 01, 2007 2,239.16 45.98 2,193.18 5,803.02 FEB 01, 2007 0.01 33.37 -33.36 5,836.38 MAR 01, 2007 0.01 33.56 -33.55 5,869.93 APR 01, 2007 0.01 33.75 -33.74 5,903.67 MAY 01, 2007 0.01 33.95 -33.94 5,937.61 JUN 01, 2007 0.01 34.14 -34.13 5,971.74 JUL 01, 2007 0.01 34.34 -34.33 6,006.07 AUG 01, 2007 0.01 34.53 -34.52 6,040.59 SEP 01, 2007 0.01 34.73 -34.72 6,075.31 OCT 01, 2007 0.01 34.93 -34.92 6,110.23 NOV 01, 2007 0.01 35.13 -35.12 6,145.35 DEe 01, 2007 0.01 35.34 -35.33 6,180.68 JAN 01, 2008 2,239.16 35.54 2,203.62 3,977.06 FEB 01, 2008 0.01 22.87 -22.86 3,999.92 MAR 01, 2008 0.01 23.00 -22.99 4,022.91 APR 01, 2008 0.01 23.13 -23.12 4,046.03 MAY 01, 2008 0.01 23.26 -23.25 4,069.28 JUN 01, 2008 0.01 23.40 -23.39 4,092.67 JUL 01, 2008 0.01 23.53 -23.52 4,116.19 AUG 01, 2008 0.01 23.67 -23.66 4,139.85 SEP 01, 2008 0.01 23.80 -23.79 4,163.64 OCT 01, 2008 0.01 23.94 -23.93 4,187.57 NOV 01, 2008 0.01 24.08 -24.07 4,211.64 DEC 01, 2008 0.01 -4,211.63 4,211.64 0.00 ------------ ------------- -------------- Total 6,717.81 -2,973 19 9,691.00 PAGE 1 of 1 IBM CREDIT LLC IPMA PAYMENT SCHEDULE Customer Name: CITY OF PORT ANGELES Reference Number. Q02773207-01 Date: 2005-10-17 Mach/Model: Term: Install Month: monthly Rate: 9BPP/004 36 11/05 6.90% Net Purchase Pr~ce: Payment Frequency: Opt~on: Interest Commencement Date: PAYMENT START DATE: 10,806.00 monthly T' 12/01/2005 12/01/2005 Payment Schedule calculations are based on the Planned Install Date, the Interest Commencement Date and reflect any downpayments. Payments and charges result~ng from loan prepayment pr~or to the stated end of term, w~ll be based on the actual Install Date and Interest Commencement Date. The payments on th~s schedule reflect wa~ver of the Installment Payment Master Agreement prepayment fee provis~ons. Payment Due Payment Fin. Charge Pr~ncipal Balance ------------ ------------- -------------- -------------- -------------- 10,806.00 JAN 01, 2006 2,496.79 62.13 2,434.66 8,371.34 FEB 01, 2006 0.01 48.14 -48.13 8,419.47 MAR 01, 2006 0.01 48.41 -48.40 8,467.87 APR 01, 2006 0.01 48.69 -48.68 8,516.55 MAY 01, 2006 0.01 48.97 -48.96 8,565.51 JUN 01, 2006 0.01 49.25 -49.24 8,614.75 JUL 01, 2006 0.01 49.53 -49.52 8,664.27 AUG 01, 2006 0.01 49.82 -49.81 8,714.08 SEP 01, 2006 0.01 50.11 -50.10 8,764.18 OCT 01, 2006 0.01 50.39 -50.38 8,814.56 NOV 01, 2006 0.01 50.68 -50.67 8,865.23 DEC 01, 2006 0.01 50.98 -50.97 8,916.20 JAN 01, 2007 2,496.79 51. 27 2,445 52 6,470.68 FEB 01, 2007 0.01 37.21 -37.20 6,507.88 MAR 01, 2007 0.01 37.42 -37.41 6,545.29 APR 01, 2007 0.01 37.64 -37.63 6,582.92 MAY 01, 2007 0.01 37.85 -37.84 6,620.76 JUN 01, 2007 0.01 38.07 -38.06 6,658 82 JUL 01, 2007 0.01 38.29 -38.28 6,697.10 AUG 01, 2007 0.01 38.51 -38.50 6,735.60 SEP 01, 2007 0.01 38.73 -38.72 6,774.32 OCT 01, 2007 0.01 38.95 -38.94 6,813.26 NOV 01, 2007 0.01 39.18 -39.17 6,852.43 DEC 01, 2007 0.01 39.40 -39.39 6,891.82 JAN 01, 2008 2,496.79 39.63 2,457.16 4,434.66 FEB 01, 2008 0.01 25.50 -25.49 4,460.15 MAR 01, 2008 0.01 25.65 -25.64 4,485.79 APR 01, 2008 0.01 25.79 -25.78 4,511.57 MAY 01, 2008 0.01 25.94 -25.93 4,537.50 JUN 01, 2008 0.01 26.09 -26.08 4,563.58 JUL 01, 2008 0.01 26.24 -26.23 4,589 81 AUG 01, 2008 0.01 26.39 -26.38 4,616.19 SEP 01, 2008 0.01 26.54 -26.53 4,642.72 OCT 01, 2008 0.01 26.70 -26.69 4,669.41 NOV 01, 2008 0.01 26.85 -26.84 4,696.25 DEC 01, 2008 0.01 -4,696.24 4,696.25 0 00 ------------ ------------- -------------- Total 7,490.70 -3,315 30 10,806.00 PAGE I of 1