Motorola is contracting with Lease Corporation of America (LCA) to offer a very competitive financing offer to Motorola’s network operator customers. The offer is three percent (3.00%) financing over invoice cost for twelve (12) months with financing subsidized by Motorola and Motorola’s Wireless Broadband Distributor Channel Partners.

Through Lease Corporation of America’s flexible financing programs, we have created leasing options beneficial to you and your customers. The benefits of offering a lease program include:

• Overcoming “sticker shock” objections of a cash price with a low fixed monthly lease payment.
• Increasing your equipment sale amount by selling an affordable monthly payment.
• Shortening your sales cycle by overcoming deferred decisions.

Program Overview & Eligibility

All United States1 service providers or private network owners/operators that are interested in the Program are eligible to participate. The Program offers 12 Month, 3% financing over invoice to a Customer that is deploying Motorola wireless broadband equipment2. To participate, the leasing Customer must place a minimum order for eligible Motorola wireless broadband equipment of $25,000 (US MSRP) with a Motorola Fixed Wireless Broadband Reseller.

The Program period runs through December 12, 2008. Lease agreements must be approved by LCA no later than December 12, 2008. Equipment must ship no later than December 31, 2008.

Subsidy Coverage

Together with Motorola, your Distributor will help subsidize the financing charges associated with the lease purchase of at least $25,000 of the eligible Motorola branded equipment, accessories, and software covered in Exhibit A.

Purchase Process Detail

An outline of the leasing process is below:

1. Approved leasing Customer places an order that includes for at least $25,000 of eligible Motorola branded product with a Reseller.
2. Your Distributor is funded 100% of Lease Price within 10 business days after receipt of properly signed lease documents and delivery acceptance from leasing customer.
3. Your Distributor will tie out equipment purchase, credit accounts receivable invoice to Reseller, and pass along remaining funding amount to the Reseller
4. LCA engages in Lease with leasing Customer with a term of 12 months. First and last month’s payment are due at time of lease signing
   1. A $100 doc fee, applicable tax and shipping are not included
   2. Effective financing cost to the Customer is:
      1. 3.00% for Motorola branded equipment.
      2. 5.00% for non-Motorola branded equipment.

For more information please click on the links below:

Leasing Program Overview for Resellers Buying from Distributors

Motorola Leasing Program Process Flow Chart for Channel Partners

Motorola Leasing Program Contact Sheet

Motorola Leasing Program Credit Application

WiBB 3% LCA Financing Calculator