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Sigmatron International Inc – ‘10-Q’ for 10/31/19 – ‘EX-10.2’

On:  Wednesday, 12/11/19, at 11:31am ET   ·   For:  10/31/19   ·   Accession #:  915358-19-18   ·   File #:  0-23248

Previous ‘10-Q’:  ‘10-Q’ on 9/12/19 for 7/31/19   ·   Next:  ‘10-Q’ on 3/12/20 for 1/31/20   ·   Latest:  ‘10-Q’ on 3/11/24 for 1/31/24   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

12/11/19  Sigmatron International Inc       10-Q       10/31/19   55:4.5M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    501K 
 2: EX-10.1     Material Contract                                   HTML     34K 
 3: EX-10.2     Material Contract                                   HTML     35K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     28K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     23K 
 7: EX-32.2     Certification -- §906 - SOA'02                      HTML     23K 
53: R1          Document And Entity Information                     HTML     70K 
30: R2          Condensed Consolidated Balance Sheets               HTML    131K 
22: R3          Condensed Consolidated Balance Sheets               HTML     39K 
                (Parenthetical)                                                  
43: R4          Condensed Consolidated Statements Of Operations     HTML     64K 
54: R5          Condensed Consolidated Statements Of Changes In     HTML     36K 
                Stockholders' Equity                                             
31: R6          Condensed Consolidated Statements Of Cash Flows     HTML    117K 
23: R7          Description Of The Business                         HTML     22K 
42: R8          Basis Of Presentation                               HTML     22K 
55: R9          Inventories, Net                                    HTML     40K 
50: R10         Earnings Per Share And Stockholders' Equity         HTML     74K 
40: R11         Long-Term Debt                                      HTML    116K 
17: R12         Income Tax                                          HTML     23K 
24: R13         Commitments And Contingencies                       HTML     21K 
51: R14         Critical Accounting Policies                        HTML     67K 
41: R15         Related Parties                                     HTML     24K 
18: R16         Leases                                              HTML    120K 
25: R17         Critical Accounting Policies (Policy)               HTML     82K 
52: R18         Inventories, Net (Tables)                           HTML     41K 
39: R19         Earnings Per Share And Stockholders' Equity         HTML     70K 
                (Tables)                                                         
15: R20         Long-Term Debt (Tables)                             HTML     90K 
33: R21         Critical Accounting Policies (Tables)               HTML     45K 
46: R22         Lease (Tables)                                      HTML    118K 
44: R23         Description Of The Business (Narrative) (Details)   HTML     19K 
16: R24         Inventories, Net (Components Of Inventory)          HTML     33K 
                (Details)                                                        
34: R25         Earnings Per Share And Stockholders' Equity         HTML     32K 
                (Narrative) (Details)                                            
47: R26         Earnings Per Share And Stockholders' Equity         HTML     43K 
                (Computation Of Basic And Diluted Earnings (Loss)                
                Per Share) (Details)                                             
45: R27         Long-Term Debt (Narrative) (Details)                HTML    150K 
14: R28         Long-Term Debt (Schedule of Debt and Capital Lease  HTML     47K 
                Obligations) (Details)                                           
35: R29         Long-Term Debt (Aggregate Amount of Debt, Net       HTML     42K 
                Deferred Financing Fees) (Details)                               
29: R30         Income Tax (Narrative) (Details)                    HTML     29K 
20: R31         Critical Accounting Policies (Narrative) (Details)  HTML     28K 
38: R32         Critical Accounting Policies (Revenue               HTML     27K 
                Disaggregated By Principal End-User Markets)                     
                (Details)                                                        
49: R33         Related Parties (Narrative) (Details)               HTML     40K 
28: R34         Leases (Narratives) (Details)                       HTML     22K 
19: R35         Leases (Lease Assets And Liabilities Related To     HTML     35K 
                Balance Sheet Classification) (Details)                          
37: R36         Leases (Components Of Lease Expense) (Details)      HTML     34K 
48: R37         Leases (Weighted Average Lease Term And Discount    HTML     27K 
                Rate) (Details)                                                  
26: R38         Leases (Future Payments Due Under Finance And       HTML     59K 
                Operating Leases) (Details)                                      
21: R39         Leases (Supplemental Cash Flow Information Related  HTML     29K 
                To Leases) (Details)                                             
27: XML         IDEA XML File -- Filing Summary                      XML     92K 
32: EXCEL       IDEA Workbook of Financial Reports                  XLSX     49K 
 8: EX-101.INS  XBRL Instance -- sgma-20191031                       XML   1.14M 
10: EX-101.CAL  XBRL Calculations -- sgma-20191031_cal               XML    153K 
11: EX-101.DEF  XBRL Definitions -- sgma-20191031_def                XML    210K 
12: EX-101.LAB  XBRL Labels -- sgma-20191031_lab                     XML    741K 
13: EX-101.PRE  XBRL Presentations -- sgma-20191031_pre              XML    541K 
 9: EX-101.SCH  XBRL Schema -- sgma-20191031                         XSD     96K 
36: ZIP         XBRL Zipped Folder -- 0000915358-19-000018-xbrl      Zip     95K 


‘EX-10.2’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Exhibit 102 FA 11  

Exhibit 10.2

Picture 2







EQUIPMENT SCHEDULE No. 11





 

 

 

 

 

 

 

Lessee:

SIGMATRON INTERNATIONAL, INC.

 

Street Address:

2201 Landmeier Road

 

City:

Elk Grove Village

State:

IL

County:

Cook

Zip:

60007

Contact:

Michelle Laguna

Telephone:

(847) 640-4397

 

Equipment Location:  2201 Landmeier Road, Elk Grove Village, IL  60007

Equipment Location:  30000 Eigenbrodt Way, Union City, CA  94587

 







Please see attached “Exhibit A” for Equipment Description.





This Equipment Schedule No. 11 dated October 10, 2019 (“Equipment Schedule”) incorporates the terms and conditions of that certain Master Lease No. 2017389 dated August 15, 2017 (“Master Lease”) by and between FIRST AMERICAN COMMERCIAL BANCORP, INC. (“Lessor”) and SIGMATRON INTERNATIONAL, INC. (“Lessee”) (the Equipment Schedule and Master Lease as incorporated therein, the “Lease”).  Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the above-described items of Equipment for the Lease Term and on terms and conditions set forth herein.  In the event of any conflict between the terms of the Master Lease and the terms of this Equipment Schedule, the terms of this Equipment Schedule shall prevail.

 

If applicable, for purposes of this Equipment Schedule and all ancillary documents, the terms defined in the Master Lease as “Delivery  Order and Acceptance Certificate” and “Authorization Date” are hereby revised to be “Delivery and Acceptance Certificate” and “Acceptance Date, respectively.





 

 

Base Lease Term

 

42 Months

Lessee shall pay Lessor a nonrefundable advance rental payment in the amount of  $6,580.30 which is applied to the last payment due under the Lease. Billing is monthly.

Monthly Rental Payment

 

$6,580.30,  plus applicable taxes





 

 

 

Accepted by Lessee:

SIGMATRON INTERNATIONAL, INC.

Accepted by Lessor:

FIRST AMERICAN COMMERCIAL BANCORP, INC.

By:

/s/ Linda K. Frauendorfer

By:

/s/ Mike Bennett

Name:

Linda Frauendorfer

 

Name:

Mike Bennett

Title:

Chief Financial Officer

Date

October 9, 2019

Title:

Vice President

Date:

October 10, 2019

 











Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:12/11/194,  8-K
For Period end:10/31/19
10/10/19
10/9/19
8/15/17
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/23/21  Sigmatron International Inc.      10-K        4/30/21   92:16M
 8/12/20  Sigmatron International Inc.      10-K        4/30/20   90:10M
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Filing Submission 0000915358-19-000018   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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