SanDisk 2004 Annual Report Download - page 107

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5. Lessee shall bear all costs concerning the exercise of the purchase option by Lessee.
Article 25. Returns
1. In each Individual Transaction, Lessee may, providing a notice to Lessor and Lender at least [***] days prior to the expiration date
of the Lease Term, return to Lessor all of the Unit Components subject to such Individual Transaction on any anniversary of the
Delivery Date during the Lease Term (the “Return Date”) at the place designated by Lessor, pursuant to the provisions described
below. Provided that if any Termination Events or Events of Default (including Termination Events and Events of Default
concerning provisions involving return under this Article) exists as of the Return Date, or if the purchase based on the purchase
option under Article 24 is carried out on such Return Date, Lessee may not return the Property under this Article 24. The exercise
notice of the return option right provided under this Section 25.1 may be revocable until [***] days prior to the Return Date.
(1) If Lessee return the Property to Lessor under this Section 25.1, at the time of return, the Property must be in the same good
condition as the time of delivery under Article 4, in normally usable condition except for normal wear and modifications
made pursuant to Sections 14.4 or 14.5, or Article 15, and reasonably judged by Lessor as satisfying all conditional
requirements at the time of the return concerning the Property set forth in Attachment 5.
(2) Lessee shall, concurrently with the return of the Property, deliver to Lessor daily keeping and maintenance report of the
Property, all records or copies thereof concerning installation, storage, use, operation, keeping, maintenance, repair and the
like of the Property, and if Lessor requests, certificates of the matters described in the above paragraph (1) issued by the
Property Manufacturer, suppliers of the Parts or property maintenance operators approved by the Property Manufacturer.
(3) Prior to the return of the Property, Lessee shall allow Lessor, Lender or potential purchaser of the Property designated by
Lessor (and their related parties) to enter offices, plants and other facilities of Lessee or location of the Property or Parts
pursuant to Article 17 to inspect the Property.
(4) On Return Date, Lessee shall pay to Lessor the amount of the Return Adjustment of the Property as of the Return Date and
other obligations under the Relating Agreements concurrently with the return of the Property.
[***] INDICATES THAT CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION PURSUANT TO RULE 24B−2. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS. − 22 −