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2021/07/07 Enterprise FM Trust Open-End (Equity) Lease Rate QuotePrepared For:City of Menifee Date 06/17/2021 Yun, Allen AE/AM GJM/PND Unit # Year 2021 Make Ford Model F-250 Series XL 4x2 SD Super Cab 8 ft. box 164 in. WB SRW Vehicle Order Type In-Stock Term 60 State CA Customer#343096 $ 40,096.43 Capitalized Price of Vehicle 1 $ 0.00 *Sales Tax 0.0000% State CA $ 0.00 *Initial License Fee $ 0.00 *Registration Fee $ 125.00 Other: (See Page 2) $ 1,972.00 *Capitalized Price Reduction $ 172.55 *Tax on Capitalized Price Reduction $ 0.00 Gain Applied From Prior Unit $ 0.00 *Tax on Gain On Prior $ 0.00 *Security Deposit $ 0.00 *Tax on Incentive ( Taxable Incentive Total : $0.00 ) All language and acknowledgments contained in the signed quote apply to all vehicles that are ordered under this signed quote. Order Information Driver Name Pool Driver Exterior Color (0 P) Oxford White Interior Color (0 I) Medium Earth Gray w/HD Vinyl 40/20/40 S Lic. Plate Type Exempt GVWR 0 $ 38,249.43 Total Capitalized Amount (Delivered Price) $ 516.37 Depreciation Reserve @ 1.3500% $ 114.38 Monthly Lease Charge (Based on Interest Rate - Subject to a Floor)2 $ 630.75 Total Monthly Rental Excluding Additional Services Additional Fleet Management Master Policy Enrollment Fees $ 0.00 Commercial Automobile Liability Enrollment Liability Limit $0.00 $ 0.00 Physical Damage Management Comp/Coll Deductible 0 / 0 $ 49.98 Full Maintenance Program 3 Contract Miles 50,000 OverMileage Charge $ 0.0350 Per Mile Incl: # Brake Sets (1 set = 1 Axle) 0 # Tires 0 Loaner Vehicle Included(Standard) $ 49.98 Additional Services SubTotal $ 55.19 Sales Tax 8.7500% State CA $ 735.92 Total Monthly Rental Including Additional Services $ 7,267.23 Reduced Book Value at 60 Months $ 400.00 Service Charge Due at Lease Termination Quote based on estimated annual mileage of 10,000 (Current market and vehicle conditions may also affect value of vehicle) (Quote is Subject to Customer's Credit Approval) Notes Enterprise FM Trust will be the owner of the vehicle covered by this Quote. Enterprise FM Trust (not Enterprise Fleet Management) will be the Lessor of such vehicle under the Master Open - End (Equity) Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open - End (Equity) Lease Agreement with respect to such vehicle. Lessee must maintain insurance coverage on the vehicle as set forth in Section 11 of the Master Open-End (Equity) Lease Agreement until the vehicle is sold. ALL TAX AND LICENSE FEES TO BE BILLED TO LESSEE AS THEY OCCUR. Lessee hereby authorizes this vehicle order, agrees to lease the vehicle on the terms set forth herein and in the Master Equity Lease Agreement and agrees that Lessor shall have the right to collect damages in the event Lessee fails or refuses to accept delivery of the ordered vehicle. Lessee certifies that it intends that more than 50% of the use of the vehicle is to be in a trade or business of the Lessee. LESSEE City of Menifee BY TITLE DATE * INDICATES ITEMS TO BE BILLED ON DELIVERY. 1 Capitalized Price of Vehicle May be Adjusted to Reflect Final Manufacturer's Invoice. Lessee Hereby Assigns to Lessor anyManufacturer Rebates And/Or Manufacturer Incentives Intended for the Lessee, Which Rebates And/Or Incentives Have Been UsedBy Lessor to Reduce the Capitalized Price of the Vehicle. 2 Monthly Lease Charge Will Be Adjusted to Reflect the Interest Rate on the Delivery Date (Subject to a Floor). 3 The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this [Invoice/Schedule/Quote], all such maintenance services are to be performed by Enterprise Fleet Management, Inc., and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management, Inc., pursuant to that certain separate [Maintenance Agreement] entered into by and between Lessee and Enterprise Fleet Management, Inc.; provided that such maintenance fees are being billed by Enterprise FM Trust, and are payable at the direction of Enterprise FM Trust, solely as an authorized agent for collection on behalf of Enterprise Fleet Management, Inc. Open-End (Equity) Lease Rate Quote Quote No:5718722 Printed On 06/17/2021 04:35:03 PM Page 1 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373 July 7, 2021City Manager Aftermarket Equipment Total Description (B)illed or (C)apped Price Service/Utility C $ 7,888.00 Total Aftermarket Equipment Billed $ 0.00 Total Aftermarket Equipment Capitalized $ 7,888.00 Aftermarket Equipment Total $ 7,888.00 Other Totals Description (B)illed or (C)apped Price Pricing Plan Delivery Charge C $ 125.00 Courtesy Delivery Fee C $ 0.00 Total Other Charges Billed $ 0.00 Total Other Charges Capitalized $ 125.00 Other Charges Total $ 125.00 Open-End (Equity) Lease Rate Quote Quote No:5718722 Printed On 06/17/2021 04:35:03 PM Page 2 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373 VEHICLE INFORMATION: 2021 Ford F-250 XL 4x2 SD Super Cab 8 ft. box 164 in. WB SRW - US Series ID: X2A Pricing Summary: INVOICE MSRP Base Vehicle $34,926 $36,765.00 Total Options $1,916.68 $1,905.00 Destination Charge $1,695.00 $1,695.00 Total Price SELECTED COLOR: Exterior:Z1-(0 P) Oxford White Interior:AS-(0 I) Medium Earth Gray w/HD Vinyl 40/20/40 Split Bench Seat SELECTED OPTIONS: CODE DESCRIPTION INVOICE MSRP 164WB 164" Wheelbase STD STD 17FFBP Chrome Front Bumper Included Included 17FHUB Bright Chrome Hub Covers & Center Ornaments Included Included 425 50-State Emissions System STD STD 44S Transmission: TorqShift-G 6-Spd Auto w/SelectShift Included Included 512 Spare Tire, Wheel, Carrier & Jack $269.00 $295.00 525_Steering Wheel-Mounted Cruise Control Included Included 52B Trailer Brake Controller $245.00 $270.00 546 Trailer Tow Mirrors w/Power Heated Glass Included Included 587 Radio: AM/FM Stereo w/MP3 Player Included Included 600A Order Code 600A NC NC 63R Heavy-Service Package for Pickup Box Delete $114.00 $125.00 64A Wheels: 17" Argent Painted Steel Included Included 66D Pickup Box Delete $-569.00 $-625.00 66DRBD Rear Bumper Delete Included Included 66DSPR Spare Wheel, Tire, Carrier & Jack Delete Included Included 66S Upfitter Switches (6)$150.00 $165.00 67D 200 Amp Alternator Included Included 872 Rear View Camera & Prep Kit $377.00 $415.00 90L Power Equipment Group $787.00 $865.00 90LACD Accessory Delay Included Included 90LASP Advanced Security Pack Included Included 90LPLK Power Locks Included Included 90LPTL Power Tailgate Lock Included Included 90LPWN Power Front & Rear Seat Windows Included Included 90LRKE Remote Keyless Entry Included Included 96V XL Value Package $360.00 $395.00 996 Engine: 6.2L 2-Valve SOHC EFI NA V8 Flex-Fuel Included Included A HD Vinyl 40/20/40 Split Bench Seat Included Included AS_01 (0 I) Medium Earth Gray w/HD Vinyl 40/20/40 Split Bench Seat NC NC PAINT Monotone Paint Application STD STD RBAR Rear Stabilizer Bar Included Included STDGV GVWR: 10,000 lb Payload Package Included Included $38,537.68 $40,365.00 Open-End (Equity) Lease Rate Quote Quote No:5718722 Printed On 06/17/2021 04:35:03 PM Page 3 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373 CODE DESCRIPTION INVOICE MSRP SYNC SYNC Communications & Entertainment System Included Included TD8 Tires: LT245/75Rx17E BSW A/S (4)Included Included X37 3.73 Axle Ratio Included Included Z1_01 (0 P) Oxford White NC NC adj Dealer Adjustment $183.68 $0.00 Open-End (Equity) Lease Rate Quote Quote No:5718722 Printed On 06/17/2021 04:35:03 PM Page 4 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373 CONFIGURED FEATURES: Body Exterior Features: Number Of Doors 4 Rear Driver Door: reverse opening rear passenger doors Driver And Passenger Mirror: power remote heated manual folding side-view door mirrors with turn signal indicator Convex Driver Mirror: convex driver and passenger mirror Mirror Type: manual extendable trailer mirrors Door Handles: black Front And Rear Bumpers: chrome front and rear bumpers with body-coloured rub strip Front Tow Hooks: 2 front tow hooks Body Material: aluminum body material : class V trailering with hitch, brake controller Grille: black grille Upfitter Switches: upfitter switches Convenience Features: Air Conditioning manual air conditioning Air Filter: air filter Cruise Control: cruise control with steering wheel controls Power Windows: power windows with driver and passenger 1-touch down Remote Keyless Entry: keyfob (front doors) remote keyless entry Illuminated Entry: illuminated entry Integrated Key Remote: integrated key/remote Remote Engine Start: remote engine start - smart device only Steering Wheel: steering wheel with manual tilting, manual telescoping Day-Night Rearview Mirror: day-night rearview mirror Auto-dimming Rearview Mirror: auto-dimming rearview mirror Emergency SOS: emergency communication system Front Cupholder: front and rear cupholders Overhead Console: full overhead console with storage Glove Box: illuminated locking glove box Driver Door Bin: driver and passenger door bins Rear Door Bins: rear door bins Dashboard Storage: dashboard storage IP Storage: covered bin instrument-panel storage Retained Accessory Power: retained accessory power Power Accessory Outlet: 2 12V DC power outlets Entertainment Features: radio AM/FM stereo with seek-scan Voice Activated Radio: voice activated radio Steering Wheel Radio Controls: steering-wheel mounted audio controls Speakers: 4 speakers Internet Access: FordPass Connect 4G internet access 1st Row LCD: 2 1st row LCD monitor Wireless Connectivity: wireless phone connectivity Antenna: fixed antenna Lighting, Visibility and Instrumentation Features: Headlamp Type delay-off aero-composite halogen headlamps Cab Clearance Lights: cargo bed light Underhood Light: underhood light Front Wipers: variable intermittent wipers Tinted Windows: light-tinted windows Dome Light: dome light with fade Front Reading Lights: front reading lights Variable IP Lighting: variable instrument panel lighting Display Type: analog appearance Tachometer: tachometer Compass: compass Printed On 06/17/2021 04:35:03 PM Page 5 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373 Exterior Temp: outside-temperature display Low Tire Pressure Warning: tire specific low-tire-pressure warning Trip Computer: trip computer Trip Odometer: trip odometer Oil Pressure Gauge: oil pressure gauge Water Temp Gauge: water temp. gauge Transmission Oil Temp Gauge: transmission oil temp. gauge Engine Hour Meter: engine hour meter Clock: in-radio display clock Systems Monitor: systems monitor Oil Pressure Warning: oil-pressure warning Water Temp Warning: water-temp. warning Battery Warning: battery warning Lights On Warning: lights-on warning Key in Ignition Warning: key-in-ignition warning Low Fuel Warning: low-fuel warning Door Ajar Warning: door-ajar warning Brake Fluid Warning: brake-fluid warning Safety And Security: ABS four-wheel ABS brakes Number of ABS Channels: 4 ABS channels Brake Assistance: brake assist Brake Type: four-wheel disc brakes Vented Disc Brakes: front and rear ventilated disc brakes Daytime Running Lights: daytime running lights Spare Tire Type: full-size spare tire Spare Tire Mount: underbody mounted spare tire w/crankdown Driver Front Impact Airbag: driver and passenger front-impact airbags Driver Side Airbag: seat-mounted driver and passenger side-impact airbags Overhead Airbag: Safety Canopy System curtain 1st and 2nd row overhead airbag Height Adjustable Seatbelts: height adjustable front seatbelts 3Point Rear Centre Seatbelt: 3 point rear centre seatbelt Side Impact Bars: side-impact bars Perimeter Under Vehicle Lights: remote activated perimeter/approach lights Tailgate/Rear Door Lock Type: tailgate/rear door lock included with power door locks Ignition Disable: SecuriLock immobilizer Security System: security system Panic Alarm: panic alarm Electronic Stability: AdvanceTrac w/Roll Stability Control electronic stability stability control with anti-roll Traction Control: ABS and driveline traction control Front and Rear Headrests: manual adjustable front head restraints Rear Headrest Control: 3 rear head restraints Seats And Trim: Seating Capacity max. seating capacity of 6 Front Bucket Seats: front split-bench 40-20-40 seats Number of Driver Seat Adjustments: 4-way driver and passenger seat adjustments Reclining Driver Seat: manual reclining driver and passenger seats Driver Lumbar: manual driver and passenger lumbar support Driver Fore/Aft: manual driver and passenger fore/aft adjustment Front Centre Armrest Storage: front centre armrest Rear Seat Type: rear 60-40 split-bench seat Rear Folding Position: rear seat fold-up cushion Leather Upholstery: vinyl front and rear seat upholstery Headliner Material: full cloth headliner Floor Covering: full vinyl/rubber floor covering Shift Knob Trim: urethane shift knob Interior Accents: chrome interior accents Standard Engine: Printed On 06/17/2021 04:35:03 PM Page 6 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373 Engine 385-hp, 6.2-liter V-8 (regular gas) Standard Transmission: Transmission 6-speed automatic w/ OD and PowerShift automatic Printed On 06/17/2021 04:35:03 PM Page 7 of 7 DocuSign Envelope ID: 5CE72330-D9D6-4F36-93EE-89923D8FA373