EX-99.2 3 aw2875ex992.txt Exhibit 99.2 EQUIPMENT SCHEDULE NUMBER 1 TO MASTER LEASE AGREEMENT NUMBER COCAP05-0520 DATED MAY 27, 2005 BETWEEN COACH CAPITAL, LLC ("LESSOR") AND ACCESS WORLDWIDE COMMUNICATIONS, INC. ("LESSEE") 1. Equipment: Item No. Qty Equip. Type/Model/Feature/Description SEE ATTACHED EQUIPMENT LIST 2. Equipment Location: 1820 North Fort Myer Drive 4th Floor Arlington, VA 22209 3. Initial Period: 36 months 4. Monthly Rental: One (1) payment of $224,342.45 followed by thirty-five payments of $30,525.82 5. End of Lease Provisions: Lessee purchases the Equipment for $1.00 6. Early Termination: Provided no default has occurred and is continuing under the Master Lease Agreement or any Equipment Schedule thereunder, and upon sixty (60) days written notice, Lessee may terminate any Equipment Schedule not less than six (6) months after the Commencement Date by paying to the Lessor (or directly to its assignee, if Lessee received notice that the Equipment Schedule has been assigned to such assignee), an amount (hereafter called the "Early Termination Payment") equal to the sum of (i) the aggregate balance of the scheduled rents for the entire remaining Initial Term, discounted to present value at four percent (4%) per annum, plus (ii) a mandatory purchase amount, if any, required by the Equipment Schedule. Upon Lessee's payment of the Early Termination Payment to the Lessor (or assignee as aforesaid), Lessor shall transfer title to the equipment to Lessee free and clear of all liens, claims and encumbrances arising by, through or under Lessor. All of the terms and conditions of the above described Master Lease Agreement No. COCAP05-0520 dated May 20, 2005 are incorporated herein by reference. Each Equipment Schedule shall constitute a separate Lease Agreement. Lessor: Lessee: COACH CAPITAL, LLC ACCESS WORLDWIDE COMMUNICATIONS, INC, By: ____________________________ By: ________________________________ Title:____________________________ Title:________________________________ Date: ____________________________ Date: ________________________________