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C.orrx'rler~cia~l ADDENDUM TO LEASE AGREEMENT (LEASE #108301000) BETWEEN THE CITY OF LOUISVII,LE AND NATIONAL CITY COMMERCIAL CAPITAL COMPANY, LLC WHEREAS, the City of Louisville (City) and National City Commercial Capital Company, LLC (National) have negotiated terms under which the City will lease certain golf cars from National; and WHEREAS, the parties agree to add and revise certain terms and conditions to the Lease Agreement (Lease); NOW THEREFORE, in consideration of the mutual covenants contained herein and other valuable consideration received, and with the intent to be legally bound, the parties agree as follows: 1. The following terms and conditions aze added to the Lease: a. City and National acknowledge and agree that all payment obligations under this Lease Agreement are current: expenditures of City, payable in the fiscal year for which funds are appropriated for the payment thereof. City's obligations under this Agreement shall be from yeaz to year only and shall not constitute amultiple- fiscal yeaz direct or indirect debt or other financial obligation of City within the meaning of Article X, Section 20 of the Colorado Constitution. b. It is expressly understood and. agreed that enforcement of the terms and conditions of this Agreement, and all rights of action relating to such enforcement, shall be strictly reserved to City and National, and nothing contained in this Agreement shall give or allow any such claim or right of action by any other third party on such Agreement. It is the express intention of City and National that any person other than City or National receiving services or benefits under this Agreement shall be deemed to be an incidental beneficiary only. 2. In Paragraph #3 of the Lease, the following sentence is hereby deleted in its entirety: "Lessee authorizes Lessor to change the Rent by not more than 15% due to changes in the Equipment configuration, which may occur prior to Lessor's acceptance of this Lease."