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Amendment to Lease Agreement

Lease Agreement

Amendment to Lease Agreement | Document Parties: COVENANT TRANSPORTATION GROUP INC | Southern Refrigerated Transport, Inc | Star Transportation, Inc | Truck Financial You are currently viewing:
This Lease Agreement involves

COVENANT TRANSPORTATION GROUP INC | Southern Refrigerated Transport, Inc | Star Transportation, Inc | Truck Financial

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Title: Amendment to Lease Agreement
Date: 8/11/2008
Industry: Trucking     Sector: Transportation

Amendment to Lease Agreement, Parties: covenant transportation group inc , southern refrigerated transport  inc , star transportation  inc , truck financial
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Exhibit 10.4

Daimler

Truck Financial

 

Amendment to Lease Agreement (Open End)

 

     This Amendment to Lease Agreement (Open End) ("Amendment") is by and between Daimler Trust, a Delaware statutory trust ("Creditor") and Covenant Transport, Inc., a Tennessee corporation, CTG Leasing Company, a Nevada corporation, Southern Refrigerated Transport, Inc., an Arkansas corporation, Star Transportation, Inc., a Tennessee corporation (individually and collectively, "Borrower") and amends all Lease Agreements (Open End) (Form Number TFFF1322) by and between Creditor and Borrower ("Agreement").  The Agreement shall be amended as follows:

 

 

1.

Agreement:  Defined Terms.  All capitalized terms used herein and not otherwise defined herein shall have the meanings set forth in the Agreement.  Except as expressly modified hereby, all of the terms of the Agreement shall remain in full force and effect.

 

 

2.

Paragraph 5 shall be modified as follows:

 

 

a.

Clause (a) of the second sentence after "consent," shall be modified to add:  "provided, however, Lessee may sublease Equipment in the ordinary course of its leasing business without Lessor's consent, provided Lessee gives Lessor prior written notice of such sublease;" and

 

 

b.

The following sentence shall be added after the last sentence:  "Tri-Pak units and Qualcomm units are deemed readily removable."

 

 

3.

Paragraph 7 shall be modified as follows:

 

 

a.

Clause (3) shall be deleted in


 
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