hewlett-packard financial services company

Hewlett-Packard Financial Services Company

Partial Buyout Option

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August 17, 2020 Dr. Mark Thomas Penn-Delco School District Lease: No.475366585400005 by and between Penn-Delco School District, as “Lessee”, and Hewlett-Packard Financial Services Company (“HPFSC”), as lessor (“Master Lease”). Schedule(s): 475366585400005 Effective Date: 09/30/2020

HPFSC is pleased to offer the following option to purchase a portion of the equipment (“Equipment”) leased to Lessee under the above-referenced Schedule(s) as listed on the attached exhibit (“Purchased Equipment”) for an aggregate purchase price of USD $ 1,468.00 (“Purchase Price”) plus all sales taxes and subject to the additional terms and

conditions set forth below. Upon Lessee’s signature and return to HPFSC for receipt thirty (30) days from the date of this letter, this offer shall be a binding contract.

The exercise of this option is subject to the following: 1. Lessee is not in default under the Schedule(s) or any other agreement between Lessee and HPFSC. 2. Lessee will pay the past due rent under the Schedule(s), plus any personal property or other taxes and additional

amounts which accrue through the Effective Date and become due under the Schedule(s) (“Amounts Due”).

3. Effective upon receipt by HPFSC of the Purchase Price, sales taxes and Amounts Due, the Purchased Equipment will no longer be subject to the Schedule(s) and title to the Purchased Equipment will pass to Lessee “AS-IS, WHERE-IS, WITH ALL FAULTS” and without representation or warranty of any kind whatsoever, including without limitation, warranties of merchantability or fitness for particular purpose, except that HPFSC represents and warrants that it shall transfer good and marketable title to the Purchased Equipment, free and clear of any liens or encumbrances created by or through HPFSC; provided, however, that the terms and conditions of the Schedule(s) and Master Lease that expressly survive termination thereof shall remain in full force and effect with respect to the Purchased Equipment.

4. Upon receipt by HPFSC of this letter signed by Lessee, HPFSC shall invoice Lessee for the Purchase Price and sales taxes for net 30 days payment. Amounts Due will be separately invoiced and due pursuant to the Master Lease and Schedule(s). All unpaid invoices are subject to any late charges, fees or interest as stated in the Master Lease or Schedule(s).

5. All of the other terms and conditions of the Lease and the Schedule(s) shall continue in full force and effect with respect to Equipment not purchased.

6. In the event that Lessee does not sign, return and perform this letter agreement within the time periods stated herein, the Schedule(s) shall continue in full force and effect as originally stated.

7. HPFSC may initiate signature to this letter agreement or other related agreements by electronic means through Docusign or any other commercial electronic signature provider (any such document, an “Electronic Document”) to

an electronic mail address Lessee has identified to HPFSC. If HPFSC first sends and HPFSC and/or Lessee thereafter sign an Electronic Document then HPFSC and Lessee agree that: (1) The Electronic Document will be enforceable in accordance with its terms; (2) The Electronic Document will be deemed to be (i) a “writing” or “in writing” and (ii) an “original” when printed from HPFSC’ electronic files or records established and maintained in the normal course of business; (3) The parties will not contest the validity or enforceability of the Electronic Document; (4) The Electronic Document will be admissible as evidence in any judicial proceeding the same as if it was an ink-signed document; (5) Each party will use commercially reasonable security measures to protect and record signatures to and delivery of Electronic Documents only by identifiable authorized persons; and (6) Each party will be responsible for (i) any unauthorized access to or processing of Electronic Documents within its own organization and (ii) the failure of its security measures. If you do not wish to sign an Electronic Document electronically, you may notify HPFSC in writing and thereafter HPFSC will not use Electronic Documents with Lessee as stated. You may also return this signed acceptance via facsimile to 908-547-6774, mail or scanned email attachment sent to [email protected].

Should you have any questions or if I can be of further assistance, please do not hesitate to contact me at 908-898-4698. Hewlett-Packard Financial Services Company

Rodney Minick Rodney Minick

Portfolio Specialist

ATTACHMENT: PURCHASED EQUIPMENT LIST

The Lessee, by its undersigned authorized representative, hereby

accepts and agrees to the above-stated option and terms of this letter. By: ___________________________________________________

Print Name: ____________________________________________

Print Title: ______________________________________________ Phone Number: _________________________________________

Date: ___________________________, 2020

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430s

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Leon Armour

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Board President

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484-490-1204

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August 26

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Equipment Description

Manufacturer Code

Part Number

Serial Number

Asset ID

OEC

Buyout Offer

MS Windows 10 Software HP W3U68AV R0P5364791384 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791385 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791386 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791387 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791388 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791389 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791390 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791391 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791392 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791393 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791394 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791395 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791396 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791397 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791398 USD68.00 USD11.22 MS Windows 10 Software HP W3U68AV R0P5364791399 USD68.00 USD11.22 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792290 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792291 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792292 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792293 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792294 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792295 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792296 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792297 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792298 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792299 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792300 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792301 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792302 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792303 USD65.00 USD10.72 4-Cell Battery, 44WHr HP L4U39AV R0P5364790931 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790932 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790933 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790934 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790935 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790936 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790937 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790938 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790939 USD25.00 USD4.13


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Manufacturer Code

Part Number

Serial Number

Asset ID

OEC

Buyout Offer

4-Cell Battery, 44WHr HP L4U39AV R0P5364790940 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790941 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790942 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790943 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790944 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790945 USD25.00 USD4.13 4-Cell Battery, 44WHr HP L4U39AV R0P5364790946 USD25.00 USD4.13 13.3in LED LCD Notebook Display Panel, HD, SVA, AntiGlare, f/Cam, 1 Antenna

HP L9R00AV R0P5364791837 USD50.00 USD8.25

13.3in LED LCD Notebook Display Panel, HD, SVA, AntiGlare, f/Cam, 1 Antenna

HP L9R00AV R0P5364791838 USD50.00 USD8.25


HP L9R00AV R0P5364791839 USD50.00 USD8.25


HP L9R00AV R0P5364791840 USD50.00 USD8.25


HP L9R00AV R0P5364791841 USD50.00 USD8.25


HP L9R00AV R0P5364791842 USD50.00 USD8.25


HP L9R00AV R0P5364791843 USD50.00 USD8.25


HP L9R00AV R0P5364791844 USD50.00 USD8.25


HP L9R00AV R0P5364791845 USD50.00 USD8.25


HP L9R00AV R0P5364791846 USD50.00 USD8.25


HP L9R00AV R0P5364791847 USD50.00 USD8.25


HP L9R00AV R0P5364791848 USD50.00 USD8.25


HP L9R00AV R0P5364791849 USD50.00 USD8.25


HP L9R00AV R0P5364791850 USD50.00 USD8.25

128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792304 USD65.00 USD10.72 128GB M2 SATA-3 Solid State Drive HP L4U40AV R0P5364792305 USD65.00 USD10.72 ProBook 430 G3 Base, Core i5-6200U 2.3GHz, 0 RAM, No HD, Display NA

HP L6D82AV 5CD6306GB4 R0P5364785048 USD291.00 USD48.04


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Manufacturer Code

Part Number

Serial Number

Asset ID

OEC

Buyout Offer

ProBook 430 G3 Base, Core i5-6200U 2.3GHz, 0 RAM, No HD, Display NA

HP L6D82AV 5CD6306GCN R0P5364785064 USD291.00 USD48.04


HP L6D82AV 5CD6306GCQ R0P5364785066 USD291.00 USD48.04


HP L6D82AV 5CD6306GC7 R0P5364785082 USD291.00 USD48.04


HP L6D82AV 5CD6306GDF R0P5364785088 USD291.00 USD48.04


HP L6D82AV 5CD6306GDR R0P5364785098 USD291.00 USD48.04


HP L6D82AV 5CD6306GDS R0P5364785099 USD291.00 USD48.04


HP L6D82AV 5CD6306GDW R0P5364785102 USD291.00 USD48.04


HP L6D82AV 5CD6306GDX R0P5364785103 USD291.00 USD48.04


HP L6D82AV 5CD6306GD3 R0P5364785109 USD291.00 USD48.04






HP L6D82AV 5CD6306GFL R0P5364785124 USD291.00 USD48.04


HP L6D82AV 5CD6306GF1 R0P5364785138 USD291.00 USD48.04


HP L9R00AV R0P5364791851 USD50.00 USD8.25


HP L9R00AV R0P5364791852 USD50.00 USD8.25

Integrated 720p HD Webcam HP L5B68AV R0P5364791988 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791989 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791990 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791991 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791992 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791993 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791994 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791995 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791996 USD5.00 USD0.82


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Manufacturer Code

Part Number

Serial Number

Asset ID

OEC

Buyout Offer

Integrated 720p HD Webcam HP L5B68AV R0P5364791997 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791998 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364791999 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364792000 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364792001 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364792002 USD5.00 USD0.82 Integrated 720p HD Webcam HP L5B68AV R0P5364792003 USD5.00 USD0.82 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792139 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792140 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792141 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792142 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792143 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792144 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792145 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792146 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792147 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792148 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792149 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792150 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792151 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792152 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792153 USD28.00 USD4.62 4GB DDR3L SDRAM DIMM, 1600MHz HP L4U47AV R0P5364792154 USD28.00 USD4.62 Keyboard HP L4U53AV R0P5364792441 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792442 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792443 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792444 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792445 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792446 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792447 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792448 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792449 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792450 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792451 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792452 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792453 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792454 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792455 USD8.00 USD1.31 Keyboard HP L4U53AV R0P5364792456 USD8.00 USD1.31


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Manufacturer Code

Part Number

Serial Number

Asset ID

OEC

Buyout Offer


HP L6D82AV 5CD6306G9M R0P5364785157 USD291.00 USD48.04


HP L6D82AV 5CD6306G9T R0P5364785163 USD291.00 USD48.04

WLAN B 43142 802.11bgn 1x1 Wireless LAN +Bluetooth 4.0 LE WW Adapter

HP L6D92AV R0P5364790327 USD5.00 USD0.82


HP L6D92AV R0P5364790328 USD5.00 USD0.82


HP L6D92AV R0P5364790329 USD5.00 USD0.82


HP L6D92AV R0P5364790330 USD5.00 USD0.82


HP L6D92AV R0P5364790331 USD5.00 USD0.82


HP L6D92AV R0P5364790332 USD5.00 USD0.82


HP L6D92AV R0P5364790333 USD5.00 USD0.82


HP L6D92AV R0P5364790334 USD5.00 USD0.82


HP L6D92AV R0P5364790335 USD5.00 USD0.82


HP L6D92AV R0P5364790336 USD5.00 USD0.82


HP L6D92AV R0P5364790337 USD5.00 USD0.82


HP L6D92AV R0P5364790338 USD5.00 USD0.82


HP L6D92AV R0P5364790339 USD5.00 USD0.82


HP L6D92AV R0P5364790340 USD5.00 USD0.82


HP L6D92AV R0P5364790341 USD5.00 USD0.82


HP L6D92AV R0P5364790342 USD5.00 USD0.82

45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790478 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790479 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790480 USD6.00 USD0.99


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Manufacturer Code

Part Number

Serial Number

Asset ID

OEC

Buyout Offer

45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790481 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790482 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790483 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790484 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790485 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790486 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790487 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790488 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790489 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790490 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790491 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790492 USD6.00 USD0.99 45 Watt Smart nPFC AC Adapter HP L4U36AV R0P5364790493 USD6.00 USD1.15 1.0m C5 Power Cord HP M0A94AV R0P5364790629 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790630 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790631 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790632 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790633 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790634 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790635 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790636 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790637 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790638 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790639 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790640 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790641 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790642 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790643 USD5.00 USD0.82 1.0m C5 Power Cord HP M0A94AV R0P5364790644 USD5.00 USD0.82 Fees: USD0.00 Total: USD8,896.00 USD1,468.00