AGREEMENT NUMBER: PRO-983

OWNER: Ezy- Construct Ltd

HIRER: Hillbank Engineering Co.

1. EQUIPMENT

The Owner leases to the Hirer the following equipment

Qty Manufacturer Model Description Unique ID

number
1 SteelWorks BD 900X Straight blade bulldozer SBB 09812
1 SteelWorks BD 900X Straight blade bulldozer SBB 09813
1 SteelWorks BD 900X Straight blade bulldozer SBB 09814
1 SteelWorks BD 900X Straight blade bulldozer SBB 09815
1 SteelWorks BD 900X Straight blade bulldozer SBB 09816
1 SteelWorks BD 900X Straight blade bulldozer SBB 09817
1 SteelWorks BD 900X Straight blade bulldozer SBB 09818
1 SteelWorks BD 900X Straight blade bulldozer SBB 09819
1 SteelWorks BD 900X Straight blade bulldozer SBB 09820
1 SteelWorks BD 900X Straight blade bulldozer SBB 09821

(the Equipment)

2. LEASE TERM

This agreement is for a period of THREE YEARS, commencing on January 1, 2016 (the Lease Term).

3. OWNERSHIP

The Equipment is and shall remain the exclusive property of the Owner.

4. USE OF THE EQUIPMENT

The Hirer shall be entitled to make all relevant decisions regarding the use of the Equipment. It is
noted that the bulldozers are to be used only for the demolition and reconstruction of the Royal
Elizabeth Hospital and for no other purpose (the Use of the Equipment). The Owner has no right to
change the use of the Equipment.

5. POSSESSION AND SURRENDER OF EQUIPMENT

The Hirer shall be entitled to possession of the Equipment on the first day of the Lease Term, and
shall keep possession of the Equipment throughout the Lease Term. When the Equipment is not in
use, it shall be stored at the Hirers premises.

The Owner shall not be entitled to substitute the Equipment for any similar assets during the Lease
Term, unless for repairs and maintenance. The Owner shall not be entitled to take possession of the
Equipment during the Lease Term, unless the Hirer defaults on at least two consecutive payments.

At the expiration of the Lease Term, the Hirer shall surrender the Equipment to the Owner by
delivering the Equipment to the Owner or the Owners agent in good condition and working order,
ordinary wear and tear excepted, as it was at the commencement of the Agreement.
6. PAYMENT TERMS

The Hirer shall pay $100,000 quarterly to the Owner, commencing January 1, 2016 for the period of
the Lease Term. The non-cancellable period of the Lease Term is three years. Should the Hirer
terminate the lease after one year, a penalty fee will be payable to the Owner. The penalty fee is
25% of the remaining quarterly payments.