EX-10.20
from 10-K
4 pages
Having Reviewed Your Submitted Business Plan and Executive Summary, Financial Partner’s Funding, LLC (“Fpf”) Is Pleased to Commit Up to Two Hundred Million Dollars ($200,000,000.00) in Equipment Leases to Finance 3rd Party Purchases of Green Energy Management Services, Inc. (“Gem” or the “Company”) Lighting (L.E.D.) and Airlock Products. These Leases Will Be for Typical Term of Seventy-Two (72) Months and Carry a Prevailing Market Rate of Interest, Structured to Allow a Third Party Lessee (“Lessee”) to Pay for the Purchased Products From Savings Realized as a Result of the Installed Lighting and/or Water Consumption Products. This Would Enable the Lessee to Pay for the Product(s) Over Time Through Monthly Energy/Utility Savings. at the End of the Lease Term, the Lessee May Purchase the Products for a Nominal Figure, Thereby Keeping All Future Savings for the Duration of the Product’s Life. Any Leasing/Financing of Airlock Products Will Be Based on Shared Savings to the 3rd Party and Will Be Incorporated Into a Separate Agreement Between Fpf and Gem
12/34/56