25C - AGMT LIGHTING FIXTURES CORP YARD

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Promise to Pay; Customer pmmiaos to pay SCE the Amount Financed In equal monthly Installments as set forth In the stiction above and/or Schedule A (Cuotomer'e "Loan Obligallonj, The first Monthly Payment of Customers Loan Obligation will appear within sixty (80) days from the Effective Date on Customers SCE uglily bill(s) for the Service Account(s) listed above. Manner of Paymoht: Customer's Monthly Payment amount Will appear as a line item labeled 'EV08F Installment Charge" on the monthly SCE utillty bllf(s) for Customers Service Account(s), Customer may pay the Loan Obligation In the, monthly Installments or prepay the Loan Obligation in one lump sum wlthouE penally, but pro-paymonto for less than the remaining balance will not be allowed, Cu Ie"s Loan Obligation will appear on Customsra monthly SCE utility biil(s) for the number of months sot to* above, or until the Loan Obligation Ispald pi full by Customer, tdnlahever occurs firaL Customer shall mitts payments to SCE as diraoted In the SCE utility, btl(s). Partial Payments, If Customer Is unable to make a full payment of the Loan Obligation In any given month, paIlmam arrangements may be made rgatt SQarCOs able disorelon. An partial Customer will be cwill be onsidellbd red toube delinquent and rtion to abriarn default of bolhas lha energy hg�and the Land oan Obllgatan, Late Payments; No late payment charges or Interest will be assessed for delinquent payments on the Loan Obllgaton, However, SCE may assess late payment charges for delinquent payments of energy chorgqai pursuant to SCE's Rule 0 which Is Incorporated herein by reference. Returned Paymenfa: SCE may require ppoymenl of a $10.00 Returned Check Charge for any check reilurned from Customers Manclal Inetllutiao unpold. The Returned Check Charge will also appy to any forms of payment that are subsequently dlehonorod. Disoontlnuance of Servlca: Amounts due under this OBF Agreement will be amounts claimed due under each SCE utility bill to the Customers Service AccounNs), and a default under this OBF Agreement will be treated as a default under the Custom 9ery ce Account(s), Customers Loan Obligation Is sub)edt to the discontinuance provisions of SCE's Rule 11, Dleaontinuenoo and Restoration of Service, Section B, Nonpayment of Bills or Summary Bits which Is incorporated herein by reference. Breach and Acceleration: Any breach by Customer under the EMS Agreement or this OOF Agreement shall constitute a breach uder all of the above referenced agreements. For purposes herein. SCE may determine the OBF Agreement to be breached and Customer to be In default If Customer. (1) calls, assigns orotherwise transfers ownership, pals oaslon or tflo of the Site or the Equipment. (2) fails to pay the Monthly Payment amount when due, (3) closes, discontinues or otherwise causes the termination of the Service Account(o), or (4) otherwise breaches this OBF Agreement and/or the EMS Agreement, and the breach Is not cured as apeclffed therein, Notwithstanding anything to Ilia contrary, In the EMS Agreement a breach and default as set forth N this section shell not be auWobt to any additional cure period. Following a breach as set forth In this seoton, SCE shall have Vis. right to declare the entire unpaid balance of the Loan Qbllgal an Purchase Money Security Interest: Customer hereby agrees that SCE may, but Is not obligated to, file o UCC -1 ("Financing Statement') against the Equipment to secure Customer'S obligation to repay the Amount Financed. Customer agrees to execute any and all documents In connaction with the Financing Statement In order for SCE to perfect Its security Intdresl in ilia Equipment. Customer agrees that SCE Is not waiving any of Its rights of recovery as against the Customer should SCE elect to file a Financing Statement. Form 14-702 0812012 25C-26