MASTER EQUIPMENT LEASE–PURCHASE AGREEMENT

INSURANCE COVERAGE DISCLOSUREPNCEF, LLC, dba PNC Equipment Finance, LESSORMount Diablo Unified School District, LESSEERE:INSURANCE COVERAGE REQUIREMENTS1. In accordance with the Lease Schedule dated November 24, 2010, to the Master Equipment Lease-PurchaseAgreement dated November 24, 2010 and identified in the Lease Schedule, Lessee certifies that it has instructedthe insurance agent named below (please fill in name, address and telephone number):to issue:________________________________________________________________________________________________________________________a. All Risk Physical Damage Insurance on the leased Equipment evidenced by a Certificate of Insurance and Long FormLoss Payable Clause naming PNCEF, LLC, dba PNC Equipment Finance and/or its assigns as Lender Loss Payee.Coverage Required: Termination Value Specifiedb. Public Liability Insurance evidenced by a Certificate of Insurance naming PNCEF, LLC, dba PNC Equipment Financeand/or its assigns as an Additional Insured.Minimum Coverage Required:$1,000,000.00 per person$2,000,000.00 aggregate bodily injury liability$1,000,000.00 property damage liabilityProof of insurance coverage will be provided to PNCEF, LLC, dba PNC Equipment Finance, 995 Dalton Avenue,Cincinnati, OH 45203, prior to the time that the property is delivered to Lessee.OR2. Pursuant to the Master Lease, Lessee represents and warrants, in addition to other matters under theLease, that it is lawfully self-insured as more fully described in the attached letter.Lessee: Mount Diablo Unified School DistrictBy:Name: Dr. Steven LawrenceTitle: Superintendent