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EQUIPMENT LEASE

Equipment Lease Agreement

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This Equipment Lease Agreement involves

INSITUFORM TECHNOLOGIES I | A-Y-K-E Partnership | Affholder, Inc.

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Title: EQUIPMENT LEASE
Governing Law: Missouri     Date: 3/15/2004
Industry: BLDSRV     Sector: CAPGDS

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                                                                   EXHIBIT 10.18

 

                                 EQUIPMENT LEASE

 

         THIS LEASE executed as of January 1, 2004, between A-Y-K-E Partnership,

a partnership (hereafter referred to as "LESSOR"), and Affholder, Inc., a

Missouri corporation (hereinafter referred to as "LESSEE").

 

         1. LESSOR leases to LESSEE, and LESSEE leases from LESSOR, one (1) 125

Ton American Crane, Model 7530.

 

         2. The term of this Lease shall begin January 1, 2004 and shall end

December 31, 2004.

 

         3. The leased property shall be used solely for the installation of

Calumet Tunnel System - Little Calumet Leg, MWRDGC, Chicago, IL.

 

         4. LESSOR will be paid $8,500.00 per month (single shift) as rental for

the above listed cranes. Rent is payable on the last day of each month, in

arrears, and pro-rated for partial months. Second shift rental will be charge

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