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4 Pricing The following details the pricing for delivery of the Demonstration Equipment outlined in this proposal. Pricing is valid for 30 days from the date of this proposal: Lease Overview:  Purpose: To provide the Client with an opportunity to use the Demonstration Equipment to meet their treatment goals and understand the operation requirements using a large- scale pilot. The Client will use best efforts to approve the Demonstration Equipment as an acceptable solution for their full-scale solution and can choose to incorporate the Demonstration Equipment provided under this lease into the final design for the future Project.  Term: 12 months from delivery of the Demonstration Equipment to the Delivery Point*  Scope of Demonstration Equipment: See Appendix 3  Lease Payment Structure: o Down Payment: $15,000 due 30 days after Lease contract signing o Monthly Rate: $15,000 invoiced 1st of month after delivery to the Delivery Point o Total Monthly Payments: 12  Termination by Client: a. The Demonstration Equipment does NOT meet the effluent requirements defined in Appendix 1, or b. The expiry of 12 months from the Delivery Date.  Remedies for Fluence o In the case of Termination for effluent failure, the Client must provide a 30 day notice of non-performance with Appendix 1 effluent limits. Fluence will have the opportunity to adjust the operation of the Demonstration Equipment to perform in accordance with Appendix 1 limits. If after 30 days the Demonstration Equipment remains out of compliance with Appendix 1 limits, then the Client can terminate the Lease and Fluence will remove the Demonstration Equipment from the site. The Client will be responsible for decommissioning the Demonstration Equipment and loading the equipment onto Fluence provided transportation from the site. o In the case of Termination pursuant to clause (b) above, the Demonstration Equipment will be returned to Fluence with the appropriate support from the Client to break the unit down and disinfect it per Appendix 5. Fluence will pick up the equipment at the jobsite and remove the Demonstration Equipment. Other Lease Requirements  Credit check  Insurance Shipment: Upon receipt of down payment, shipment is anticipated within 20-24 weeks.