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PROGRESS PAYMENT AGREEMENT

Equipment Lease Agreement

PROGRESS PAYMENT AGREEMENT You are currently viewing:
This Equipment Lease Agreement involves

DUCKWALL ALCO STORES INC | General Electric Capital Corporation (Lessor)

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Title: PROGRESS PAYMENT AGREEMENT
Date: 12/14/2005
Industry: RTDEPT    

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Exhibit 10

Exhibit 10.29

PROGRESS PAYMENT AGREEMENT RIDER FOR SOFTWARE AND IMPLEMENTATION SERVICES RELATED TO THE DUCKWALL POS INSTALLATION

Progress Payment Agreement Rider to Lease Schedule No. 001, between the undersigned parties, is dated as of November 9, 2005.

WHEREAS, General Electric Capital Corporation (Lessor) and the undersigned Lessee have entered into a Master Lease Agreement, No, 4168852, and Lease Schedule No. 001 identified above (hereinafter collectively referred to as the “Lease Agreement”) pursuant to which Lessor will lease to Lessee the Equipment, as defined in the Lease Agreement;

WHEREAS, said Equipment is scheduled to be installed over several months commencing on or about November 9, 2005 and continuing through December 31, 2005 (“Installation Period”);

WHEREAS, Lessee desires that the Lease Agreement of all said Equipment commence on or about January 1, 2006;

WHEREAS, the seller(s) and other providers of said Equipment require payment prior to the formal commencement of said Lease Agreement term, and the Lessee is desirous of having Lessor advance to such entities the purchase price and other amounts i

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