R2024-38 Resolution Authorizing Acceptance of a Sourcewell Contract for the Purchase of One (1) Chipper from Vermeer Sales & Service

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—Travel and Diagnostics offered at no charge for entire Confidence Plus term(Travel max of$200/event,and diagnostics one hour/ event). Untaxed Machine $103,706.00 Trade $-16,000.00 Freight and Prep $1,280.00 Warranty $9,727.00 Grand Total $98,713.00 Total Due $98,713.00 ---------------- ---------------- Note: Buyer certifies all Trade-Ins are free of encumberances Notice Any holder of this consumer credit contract is subject to all claims and defenses which the debtor could assert against the seller of goods or services obtained pursuant hereto or with the proceeds thereof. Recovery hereunder by the debtor shall not exceed amounts paid by the debtor hereunder. Until the seller is paid in full for said equipment, buyer shall obtain insurance naming seller as"additional insured"covering all risk of loss,theft or damage on equipment and in the event of any such loss,the proceeds of said insurance shall be paid to and assigned to seller. The buyer shall immediately deliver to the seller,a certificate of insurance indicating the same. Applicable items denoted below: • Sold new with: 1 Year/1,000 Hours Parts and Labor Standard Vermeer Limited Warranty All warranty repairs made under this agreement must be made in dealer's shop and buyer is responsible for hauling equipment for repair. All warranty parts must be returned within 30 days. No warranty is given by the dealer for tires, batteries or accessories,and the buyer is fully responsible for repairs necessitated by accident, misuse or negligence. This warranty is not transferable. In the event the equipment described herein is unavailable for any reason beyond the seller's control,the seller shall not be liable for any damages caused to the buyer. If any sales, use,excise or other tax is not stated correctly herein or is changed by an applicable government authority and effective to this purchase,the amount due hereunder shall be adjusted accordingly. The equipment purchased herein is hereby pledged to seller as security until the entire purchase has been paid, buyer authorizes seller to file a U.C.C.-1 Financing Statement against the buyer for said equipment, until paid in full. The parties agree that this is the entire agreement and that no oral representation or agreement has been made which would modify this agreement or be a condition precedent or subsequent to the enforcement of this agreement and that this agreement may not be modified except by a writing signed by each of the parties. I herby agree to the conditions of this order, expressed in the foregoing,constituting a purchase order contract. I hereby certify that I am 21 years of age or older and acknowledge receipt of a copy of this order. In order to secure buyer's obligations under this agreement and any extension, renewal or modification thereof,buyer hereby grants to dealer a security interest in all of the goods described herein,and all accessions and additions thereto and all proceeds thereof. Notice to the buyer: Do not sign this contract before you read it or if it contains blank spaces. You are entitled to a copy of the contract you sign. You have the right to pay in advance the unpaid balance of this contract. Buyer's signature: Date: By signing this agreement the buyer agrees to above provisions Salesman signature: Date: Initials: Quote#:Q-21176 Page 2 of 2