Amendment providing option to purchase

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Amendment providing option to purchase. It is the intent of this amendment to offer to _________, in consideration of $_____ receipt of which is acknowledged, by lessor a purchase option on _________ trailer model _________, serial No. _________ under straight lease to that company by separate agreement dated _________. The above lessee shall have the right at the end of the _________ month rental period to purchase the trailer for $_____ less _________ percent of any paid in rentals. If lessee wishes to exercise purchase option or to extend the lease, lessee must notify the lessor _________ days prior to expiration of lease period. Any relocation of the trailer during the period of the rental plan shall be at the expense of the lessee. At the termination of the _________ month rental plan, lessee must exercise the purchase option, return the trailer, or negotiate a new lease plan on the unit. Violation of any part of the lease voids lessee's rights to exercise this purchase option. Witnesses: _________ _________ Lessor _________ By _________ Title Lessee _________ By _________ Title

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