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Agreement#: AG-294884
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Lease Agreement

Effective Date: March 08, 2006
Parties:

ALL American Pet Company,

Sectors: Food, Beverages and Tobacco
Exhibit 10.1 EQUIPMENT LEASE
WITH OPTION TO PURCHASE THIS LEASE AGREEMENT made and entered into this ___day of March, 2006, by and between LINDEN BLACK and BEVERLY BLACK, herein referred to as Lessor(s) of First Party(ies) and BARRY SCHWARTZ and LISA SCHWARTZ, herein referred to as Lessee(s) or Second Party (ies); WITNESSETH: 1. The Lessor does hereby rent and lease to the Lessee all of the equipment as listed on Exhibit " A" , attached hereto and incorporated herein by reference. Said equipment is located in Warehouse B at 5002 South 169 Highway, St. Joseph, Missouri 64507, which the Lessee has rented. 2. This Lease Agreement is on the following terms and conditions: A. TERM: This Lease shall be for a period of Thirty-seven (37) months beginning on the 8th day of March, 2006 and ending on the 7th day of March, 2009. B. RENT: The monthly rent for the first 36 months is Five Thousand Five Hundred Fifty Dollars ($5,550.00) per month, which the Lessee agrees and covenants to pay in advance without demand on the 8th day of March, 2006 and on the 8th day of each and every succeeding month thereafter during the term of this Lease; and the rent for the 37th month, or the last month of this Lease, shall be Two Thousand Five Hundred Fifty Dollars ($2,550.00). Shall pay first and last month rent in amount of $11,100.00. C. LATE CHARGE: It is understood that each monthly rent payment is due of the 8th day of the month, as hereinabove provided, and any monthly payment that is not made and received by the Lessor within Ten (10) days after the same is due shall bear a later charge of Five (5) percent of the amount of said delinquent payment which the Lessee agrees and covenants to pay. D. [Paragraph Deleted] E. This Lease Agreement is on the following terms and conditions: (1) The Lessor shall be responsible for an pay the taxes on the said equipment during the term of this lease. (2) The Lessee accepts the said equipment in its present condition and the Lessee shall be responsible for an pay for any maintenance and/or repairs to the equipment at Lessee' s expense. The Lessee shall keep the equipment in good condition. (3) The Lessee shall use the equipment for the operation of its packaging business. (4) [Paragraph deleted]


(5) The Lessee shall not use the equipment, or permit the use thereof, in whole or in part in any manner or for any purposes prohibited by law or ordinance. (6) The Lessor shall not be liable for damage to any property or injury to person at any time in the operation of the equipment; the Lessee shall protect and indemnify the Lessor from any claim or lawsuit for injury to person or property that might be caused or claimed to be caused by or in connection with the said equipment. The Lessee shall carry and provide at their expense public liability insurance in the amount of at least $2,000,000.00 that will protect it and the Lessor from any claim and/or lawsuit for personal injury or property damage that might arise from or by use of the equipment. (7) Also ...

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