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RISE To St. Paul University Surigao Educ Price NON VAT

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St.

Paul University Surigao


Surigao City

Norman Ross Coral


RISE

Dear Norman:

This is to fomalize our request for the leasing of 250 units of Apple Ipad2 (WiFi 16GB). After
analysing your proposals we go for option 3 with the following details:

RISE to St. Paul University Surigao


Educ Price NON VAT
Amount of Equipment 5,122,750.00
Residual Value (20%) 1,024,550.00
Leasing Period 24 months
Monthly Lease 215,155.50

We will try to come up with our own scheme of collecting payment from our students. Please
try to ask PowerMac to deliver it as soon as possible for we need it before the opening of our
classes on June 4. Thank you very much!

Respectfully yours,

Sr. Lauren Risma, SPC


VP-Finance Services

Endorsed by:

Sr. Marie Rosanne Mallillin, SPC


University President

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