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SELF - INSURANCE ADDENDUM TO MASTER EQUITY LEASE AGREEMENT <br />(Physical Damage and Liability) <br />This Addendum is made to the Master Equity Lease Agreement dated the _____ day of ______________________, as amended (the “Agreement”), by and between <br />Enterprise FM Trust, a Delaware statutory trust (“Lessor”), and the lessee whose name is set forth on the signature line below (“Lessee”). <br />This Addendum is attached to and made a part of the Agreement (including each Schedule to the Agreement). All capitalized terms used and not <br />otherwise defined herein shall have the respective meanings ascribed to them in the Agreement. <br />Notwithstanding the provisions of Section 11 of the Agreement, Lessee shall be permitted to assume and self-insure the risks set forth in Section <br />11 of the Agreement and shall not be required to purchase or maintain any insurance policy of any kind with respect to any Vehicle; provided, however, that if any <br />Federal, state, local or other law, statute, rule, regulation or ordinance requires Lessee to maintain any amount of insurance with respect to any Vehicle, Lessee shall <br />purchase and maintain such amount of Insurance in the form of an insurance policy which complies in all respects, other than the amount of insurance required, with <br />Section 11 of the Agreement. <br />Notwithstanding the foregoing, if (1) Lessor, at any time in its good faith judgment, is not satisfied with the condition, prospects or performances, <br />financial or otherwise, of Lessee or (2) any default or event of default occurs under the Agreement, than Lessor may, at its option, revoke this Addendum and terminate <br />Lessee’s right to self-insure by providing Lessee with at least thirty (30) days prior written notice thereof. Upon the termination of Lessee’s right to self-insure, Lessee <br />shall comply in all respects with Section 11 of the Agreement. <br />Except as amended hereby, all the terms and provisions of the Agreement shall remain in full force and effect. In the event of any conflict between <br />this Addendum and the Agreement or any of the Schedules, the terms and provisions of this Addendum will govern and control. <br />© 2017 Enterprise Fleet Management, Inc. I02096_Self-Insurance Addendum (Equity, Both) <br />LESSEE: ______________________________________ <br /> ______________________________________ <br />By: ______________________________________ <br />Title: ______________________________________ <br />Date Signed: _______________________, ___________ <br />LESSOR: Enterprise FM Trust <br />By: Enterprise Fleet Management, Inc. its attorney in fact <br /> ______________________________________ <br />By: ______________________________________ <br />Title: ______________________________________ <br />Date Signed: _______________________, ___________