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HFS-UCL-CA-e-14 1/21

LEASE AGREEMENT
Lease Date: 05/14/2024 (WITH ARBITRATION PROVISION)
Lessor Name and Business Address Lessee Name and Address Co-Lessee Name and Address

CAR PROS HONDA EL MONTE KAREN TONOYAN NATALYA TONOYAN


3464 NORTH PECK ROAD 419 E PALMER AVE APT D 419 E PALMER AVE APT D
EL MONTE, CA 91731-3253 GLENDALE, CA 91205 GLENDALE, CA 91205

County: LOS ANGELES County: LOS ANGELES


Lessee Billing Address (if different than above) Vehicle Garaging Address (if different than above)
N/A N/A

Principal Driver: N/A


County: N/A (if business use)
In this Lease, “you” and “your” mean the lessee and co-lessee. “We,” “us” and “our” mean the Lessor named above, and any assignee of this Lease.
✓ If this box is checked, Lessor will assign this Lease and sell the Vehicle to
䡺 Honda Lease Trust (“Assignee”) and Honda Financial Services ("HFS") helped arrange this Lease.
Each of you who signs the Lease is jointly and severally liable to us for all Lease obligations. You are leasing the Vehicle described on page 2 (the “Vehicle”) from us. You agree to pay all
amounts due under the Lease and fulfill all your obligations under the Lease. In this Lease, “e” means an estimate. The Consumer Leasing Act Disclosures shown on page 2 are also terms of
this Lease. You are leasing the Vehicle and have no ownership rights in the Vehicle unless you exercise your purchase option.
Monthly Payment Lease: If your payment schedule shows monthly scheduled payments in Item 3A, your Lease is a monthly payment lease.
Single Payment Lease: If your payment schedule shows a single scheduled payment in Item 3B, your Lease is a single payment lease.
Lessor’s Right to Cancel. If Lessor is unable to assign this Lease to a financial institution, the provisions of the Lessor's Right to Cancel section on page 5
of this Lease giving the Lessor the right to cancel will apply.
THERE IS NO COOLING OFF PERIOD
California law does not provide for a ‘‘cooling off’’ or other cancellation period for vehicle leases. Therefore, you cannot later cancel this lease simply because you change your mind,
decided the vehicle costs too much, or wish you had acquired a different vehicle. You may cancel this lease only with the agreement of the lessor or for legal cause, such as fraud.
NOTICE: ALL PAGES OF THIS LEASE CONTAIN IMPORTANT TERMS AND CONDITIONS, INCLUDING AN ARBITRATION PROVISION. THE TERMS AND
CONDITIONS ON ALL PAGES ARE PART OF THIS LEASE.
Agreement to Arbitrate: By signing below, you agree that, pursuant to the Arbitration Provision, Item 26, on page 6 of this Lease, you or we may elect to resolve any
dispute by neutral, binding arbitration and not by a court action. See the Arbitration Provision for additional information concerning the agreement to arbitrate.

Customer
Lessee Signs X Co-Lessee Signs X
N/A
This is not the Authoritative Copy.

Copy

HFS-UCL-CA-e-14 1/21 v1 Page 1 of 6


1. The Vehicle
New/Used Year Make Model Body Style Vehicle ID # Odometer Primary Use
Personal, unless otherwise
NEW 2024 Honda Civic Hatchback Sport CVT 19XFL2H85RE025813 20 indicated below
䡺 business 䡺 agricultural
Vehicle Prior Use (as checked): 䡺 Demonstrator 䡺 Factory Official 䡺 Rental 䡺 Taxi or Livery
CONSUMER LEASING ACT DISCLOSURES
2. Amount Due at 3. Scheduled Payments 4. Other Charges (not part of your scheduled payment) 5. Total of Payments
Lease Signing or A. Your first monthly payment of $ 422.62 is due (The amount you will
A. Turn-In fee (if you do not
on 05/14/2024 , followed by 35
Delivery have paid by the end
monthly purchase the Vehicle and we do of the Lease)
payments of $ 422.62 , due on the 14th not waive the fee under Item 25(t)) $ 350.00
(Itemized in Item 6) of each month. B. N/A $ N/A
B. Your single payment of $ N/A is due on C. N/A $ N/A
N/A . $ 16,147.78
C. The Total of your Scheduled Payments is (2 + 3C + 4D – 6A3 – 6A4 –
$ 1,006.08 $ 15,214.32 . D. Total $ 350.00 6A5)

6. Itemization of Amount Due at Lease Signing or Delivery


A. Amount Due at Lease Signing or Delivery: B. How the Amount Due at Lease Signing or Delivery will be paid:
1. Capitalized cost reduction (amount paid in cash) $ N/A
Sales/use tax on amount paid in cash $ N/A 1. Net trade-in allowance $ 0.00
2. Capitalized cost reduction (credit for net trade-in allowance) $ N/A
Sales/use tax on credit for net trade-in allowance $ N/A 2. Rebates and noncash credits $ N/A
3. First monthly payment $ 422.62
4. Single scheduled payment $ N/A 3. Amount to be paid in cash $ N/A
5. Refundable security deposit $ N/A
6. Lease acquisition fee $ N/A 4. Other Dealer Contribution $ 1,006.08
7. Vehicle license fee $ 448.00
8. Registration, transfer and titling fees $ N/A 5. Total $ 1,006.08
9. Sales/use tax (excludes any tax shown in 1. or 2. above) $ N/A
10. Document processing charge (not a governmental fee) $ 85.00
11. Electronic vehicle registration or transfer charge (not governmental fee) $ 33.00
12. California tire fee $ 8.75
13. Documentation Fee Tax $ 8.71

Customer
14. N/A $ N/A
15. N/A $ N/A
16. Total $ 1,006.08
7. Your scheduled payment is determined as shown below:
A. Gross capitalized cost. The agreed upon value of the Vehicle ($ 27,990.00 ) and any items you pay over
$ 28,585.00
This is not the Authoritative Copy.

the lease term (such as service contracts, insurance, and any outstanding prior credit or lease balance).
B. Capitalized cost reduction. The amount of any net trade-in allowance, rebate, noncash credit, or cash you
pay that reduces the gross capitalized cost. – $ N/A
C. Adjusted capitalized cost. The amount used in calculating your base scheduled payment. = $ 28,585.00
D. Residual value. The value of the Vehicle at the end of the Lease used in calculating your base scheduled payment. – $ 18,113.70
E. Depreciation and any amortized amounts. The amount charged for the Vehicle’s decline in value through
= $ 10,471.30

Copy
normal use and for other items paid over the lease term.
F. Rent charge. The amount charged in addition to the depreciation and any amortized amounts. + $ 3,328.58
G. Total of base scheduled payments. The depreciation and any amortized amounts plus the rent charge. = $ 13,799.88
H. Lease payments. The number of payments in your Lease. ÷ 36
I. Base scheduled payment. = $ 383.33
J. Sales/use tax (e). + $ 39.29
K. N/A + $ N/A
L. N/A + $ N/A
M.Total Scheduled Payment. = $ 422.62
Early Termination. You may have to pay a substantial charge if you end this Lease early. The charge may be up to several thousand dollars.
The actual charge will depend on when the Lease is terminated. The earlier you end the Lease, the greater this charge is likely to be.
8. Excessive Wear and Use. You may be charged for excessive wear based on our standards for normal use and for mileage in excess of 10,000
miles per year at the rate of $ 0.15 per mile.
9. Purchase Option at End of Lease Term. You have an option to purchase the Vehicle at the end of the lease term for $ 18,113.70 plus a purchase
option fee of $ 0.00 . The purchase option price does not include official fees such as those for taxes, tags, licenses and registration.
10. Other Important Terms. See your Lease documents for additional information on early termination, purchase options, maintenance responsibilities,
warranties, late and default charges, insurance, and any security interest, if applicable.
11. Itemization of Gross Capitalized Cost
A. Agreed upon value of the Vehicle as equipped at Lease signing $ 27,990.00 H. Document processing charge (not a governmental fee) $ N/A
B. Agreed upon value of each accessory and item of optional equipment I. Electronic vehicle registration or transfer charge (not a governmental fee) $ N/A
we agree to add to the Vehicle after Lease signing (describe) J. California tire fee $ N/A
N/A $ N/A K. Prior Credit or Lease Balance $ N/A
N/A $ N/A Optional Products and Services:
N/A $ N/A L. N/A $ N/A
N/A $ N/A M. N/A $ N/A
C. Vehicle license fees $ N/A N. N/A $ N/A
D. Registration, transfer, and titling fees $ N/A O. N/A $ N/A
E. Lease acquisition fee $ 595.00 P. N/A $ N/A
F. Administration fee $ N/A Q. Total Gross Capitalized Cost: $ 28,585.00
G. Sales/use tax $ N/A

12. The Trade-In Vehicle

Year N/A A. Agreed Upon Value of Trade-In $ N/A


Make N/A B. Less Trade-In Payoff – $ N/A
Model N/A C. Net Trade-In Allowance (If less than 0 then enter 0) = $ 0.00
IF YOU DO NOT MEET YOUR OBLIGATIONS UNDER THIS LEASE, WE MAY RETAKE THE VEHICLE.

HFS-UCL-CA-e-14 1/21 v1 Page 2 of 6


13. Official Fees and Taxes. The total amount you will pay for official and license fees, 16. Warranties. The Vehicle is subject to the manufacturer's standard warranty, unless
registration, title and taxes over the term of your Lease, whether included in your scheduled this box is checked: 䡺
payments or assessed otherwise: $ 2,592.90 (e). The actual total of fees and taxes 䡺 If this box is checked, the Vehicle is subject to the following express warranties:
may be different than this estimate based on changes in the tax or fee rates and the value of N/A
the Vehicle when the fee or tax is determined. N/A
14. Late Payments. For any payment not received within 10 days of the date it N/A
is due, you will pay a late charge of $25 or 5% of the part of the payment that is late, Warranty papers that are separate from this Lease state any coverage limits.
whichever is less. The law gives you a warranty that the Vehicle conforms to the description in this Lease. THERE ARE
NO OTHER EXPRESS WARRANTIES ON THE VEHICLE.
You will not have to pay a late charge if the only amount that is late is a late charge you Except as provided above or prohibited by law, the following two sentences apply. THE VEHICLE IS
owed for an earlier late payment. BEING LEASED 'AS IS' AND 'WITH ALL FAULTS', AND THE ENTIRE RISK AS TO THE QUALITY
15. Returned Payment and Unpaid Fines and Fees. You will also pay a returned payment AND PERFORMANCE OF THE VEHICLE IS WITH YOU. SHOULD THE VEHICLE PROVE DEFECTIVE
FOLLOWING DELIVERY PURSUANT TO THIS LEASE, YOU, NOT THE LESSOR, ASSUME THE
charge of $ 25.00 for any check, instrument or electronic funds debit that is ENTIRE COST OF ALL NECESSARY SERVICING OR REPAIR.
returned unpaid for any reason, if the law allows it. If you don’t pay a fine, penalty, toll, or If the Vehicle is subject to the manufacturer's standard warranty, if we make a written warranty covering
parking ticket and we elect to pay it, you will reimburse us for the amount paid plus a the Vehicle or, within 90 days of the Lease Date we enter into a service contract covering the Vehicle,
25.00 this disclaimer will not affect any implied warranties during the term of the warranty or service contract.
$ Administrative Fee per incident, if the law allows it.
17. OPTIONAL INSURANCE, PRODUCTS, AND SERVICES
You are not required to buy any of the following optional insurance, products, or services to enter into the Lease. The term of any optional insurance, product, or service will be the lease term, unless a different
term is shown below. If you decide you want to purchase insurance or an optional product or service, review the terms of the contract, policy, or certificate that describes the insurance, product, or service before
you initial below. A completed copy of the contract, policy, or certificate will be given to you as soon as practicable. By initialing below, you indicate that you want to buy the optional insurance, products, or
services indicated. If the cost shown below is not shown as part of the Itemization of Amount Due at Lease Signing or Delivery (Item 6), it has been added to the Gross Capitalized Cost (Item 11).
Optional Insurance, Product or Service Term/Coverage Price Name of Provider Approval

N/A N/A N/A N/A Lessee


Initials N/A N/A

N/A N/A N/A N/A Lessee


Initials N/A N/A

N/A N/A N/A N/A Lessee


Initials N/A N/A

N/A N/A N/A N/A Lessee


N/A
Initials N/A

N/A N/A N/A N/A Lessee


Initials N/A N/A

N/A N/A N/A N/A Lessee


Initials N/A N/A

Customer
N/A N/A N/A N/A Lessee
Initials N/A N/A

N/A N/A N/A N/A


Lessee
Initials N/A N/A
18. EXTRA MILEAGE
N/A N/A
This is not the Authoritative Copy.

You are purchasing extra miles per year at a rate of $ per mile. The extra miles are included in the amount shown in Item 8 "Excessive Wear
and Use." 䡺 If this box is checked, you will receive a credit for unused purchased extra miles if this Lease ends on or after the start of the last monthly period (see Item 20A). This
credit will equal N/A cents per purchased unused mile times each mile under N/A , up to the N/A total extra miles you purchased. You will
not receive this credit for unused purchased miles if this Lease ends before the start of the last monthly period, the Vehicle is destroyed, you purchase the Vehicle, or you are in default.
19. TYPES AND AMOUNTS OF REQUIRED INSURANCE COVERAGE
You must maintain the following types and minimum amounts of insurance: $ 15,000.00 per person for bodily injury; $ 30,000.00 per accident for bodily injury; $ 5,000.00
per accident for property damage. If the minimum amounts of insurance required by the state in which the Vehicle is garaged are higher than amounts stated in this Lease, you agree to maintain

Agent’s Name STATE FARM


Agent’s Address PO BOX Copy
insurance that meets the minimum state requirements. You agree to maintain collision, fire, theft, and comprehensive coverage with a maximum deductible of $ 1,000.00
for additional insurance provisions. You confirm that insurance policies that meet the requirements described in this Lease are in force on the date of this Lease.
Insurance Provider STATE FARM

853919, RICHARDSON,
20. LAST MONTHLY PERIOD AND LEASE TERM
TX 75085
Policy Number 7029799E0575D
Agent Phone Number (800) 782-8332

21. HOW THIS LEASE CAN BE CHANGED


. See Item 25(a)

A. The start of the last monthly period for a monthly payment lease is the due date for the This Lease contains the entire agreement between you and us relating to this Lease. Any change
last monthly payment. For a single payment lease, the start of the last monthly period is to the Lease must be in writing and both you and we must sign it. No oral changes are binding.
the date that is one month before the scheduled lease end.
B. The scheduled lease term is 36 months.
Lessee Signs X
Co-Lessee Signs X
22. EXCESS WEAR WAIVER
We will waive excess wear charges (Item 25(c)) in an amount up to $ 500.00 if, at the time this Lease ends, you are not in default under the terms of this Lease (Item 23).

23. DEFAULT, REPOSSESSION AND OTHER REMEDIES • Take any action we believe is required to protect our interest in the Vehicle (for example buying
You will be in default if: insurance) and our action will not cure your default; • Add any amounts we spend taking these
actions to your Lease obligation and charge rent on the amount added, or at our option, ask you to
• You do not pay any payment on the scheduled due date; or pay these amounts right away; • If the Vehicle is equipped with electronic tracking technology, use it
• You do any of the following: • You do not pay any other amount due under this Lease when to find the Vehicle; • Cancel any optional insurance, products, and services included with this Lease
we ask that you pay it; • You provide any false or misleading information in any Lease and apply any refund to your Lease obligations (you hereby instruct any provider of such insurance,
application; • You fail to maintain required insurance; • You lose possession of the Vehicle by products, and services to pay us any refund or credit due on early cancellation); • Take (repossess)
confiscation, forfeiture or other involuntary transfer whether or not the Vehicle is the subject of the Vehicle wherever we find it and enter any property where the Vehicle may be to do so; • Sue you
judicial or administrative proceedings; • You assign the Lease or transfer the Vehicle without for damages or to get the Vehicle back; • Pursue any other remedy the law gives us.
our prior written permission, or attempt to do either; • You start a bankruptcy, receivership, or We will exercise our rights without breach of the peace, at reasonable times and places, in a
insolvency proceeding or one is started against you or your property; • You do anything that reasonable way, as the law allows. We may use the license plates on the Vehicle to move it to a
endangers the Vehicle or your ability to pay your Lease obligations; • You fail to return the storage place. After repossessing the Vehicle, we will hold it free of any rights you may have under
Vehicle when required to do so under this Lease; • You fail to meet any other obligation under this Lease, subject to any right the law gives you to cure the default or recover the Vehicle. We may
this Lease; • You do anything the law says is a default. take and store any personal items that are in the Vehicle. If you do not ask for these items back, we
If you are in default, after providing any notice and waiting any time the law requires, we may do any may dispose of them as the law allows. You will pay our reasonable expenses of taking these actions
of the following: • End this Lease early and require you to pay the amount due at early termination; as the law allows. These expenses may include expenses of taking and storing the Vehicle,
attorney’s fees, collection costs, and court costs.

HFS-UCL-CA-e-14 1/21 v1 Page 3 of 6


24. EARLY TERMINATION LIABILITY (b) Total Loss, Forfeiture or Confiscation of Vehicle. If, during the lease term, the Vehicle is a Total
When the Lease Can End Early. You may terminate (end) the Lease early by returning the Vehicle Loss (as described in the second paragraph of Item 24, Early Termination Liability) or the Vehicle
to us and paying us your early termination liability (see below) when we ask for it. is forfeited or confiscated under governmental authority, we will end the Lease early as described
in Item 24 Early Termination Liability, and you will owe the amounts described in the following
We may end the Lease early if you are in default; the Vehicle is destroyed or damaged beyond repair, paragraphs of this Item 25(b) instead of the amounts described in Item 24. You will notify us in
stolen or lost (a “Total Loss”); or you die and there is no surviving lessee. If we end the Lease, you writing after any event that might cause the Vehicle to be a Total Loss or to be forfeited or
must return the Vehicle to the place we designate and pay us the early termination liability (see confiscated under governmental authority. You will promptly file a police report if the Vehicle is
below) when we ask for it. stolen or lost. You will give us any documents we request that are reasonably related to a Total
Early Termination Liability. Unless the Vehicle is a Total Loss, forfeited, or confiscated subject to Loss.
Item 25(b), we will figure your early termination liability as follows: Monthly Payment Lease.
Monthly Payment Lease. You will owe the amount, if any, by which the Adjusted Lease If the Vehicle is a Total Loss that is not the result of your fraudulent, criminal, or other intentional
Balance (see definition below) exceeds the Vehicle's Fair Market Wholesale Value (see wrongful act and we receive a settlement under an insurance policy that complies with the
definition below) at termination. If this amount is more than the total of the following amounts, requirements of this Lease (see Items 19 and 25(a)), you will have gap protection, which
you will instead pay the total of the following amounts: • The total of your base scheduled means:
payments not yet due; • An excess wear charge (see Item 25(c)); and • An excess mileage
charge for any miles in excess of the permitted mileage during the scheduled lease term at We will deduct the Additional Credits (see Item 25(s)) from the Adjusted Lease Balance
the rate per mile shown in Item 8. (see Item 24) to compute a net lease balance (the “Net Lease Balance”).
Single Payment Lease. The Base Scheduled Payment (Item 7I) paid at lease signing prepays If the Net Lease Balance is greater than the insurance settlement we receive, you will
the depreciation and any amortized amounts (Item 7E) and the rent charge (Item 7F). If the owe the excess up to the amount of your insurance deductible.
Vehicle's Fair Market Wholesale Value at termination (see definition below) exceeds the If the insurance settlement we receive is greater than the Net Lease Balance, you will
Adjusted Lease Balance (see definition below), we will give you a credit for the excess up to receive a credit for any excess up to the amount of the Additional Credits deducted
the amount of the Unused Base Scheduled Payment (see definition below). If the Adjusted above.
Lease Balance exceeds the Vehicle's Fair Market Wholesale Value at termination, you will owe If: (i) the Vehicle is a Total Loss and we do not receive a settlement under an insurance policy
the excess up to the total of the following amounts: • An excess wear charge (see Item 25(c)); that complies with the requirements of this Lease, (ii) the Total Loss is the result of your
and • An excess mileage charge for any miles in excess of the permitted mileage during the fraudulent, criminal, or other intentional wrongful act, or (iii) the Vehicle was forfeited or
scheduled lease term at the rate per mile shown in Item 8. confiscated under governmental authority, then you do not have gap protection, which means:
In addition to the amounts described above, you will also owe us the Item 4A Turn-In Fee unless this You will owe us: (i) the Adjusted Lease Balance; minus (ii) any part of your insurance
fee is waived under Item 25(t) plus the Additional Amounts Due and we will apply the Additional deductible that you pay us; minus (iii) any settlement we receive from your insurance
Credits to the amount you owe (see Item 25(s)). company; minus (iv) any amount we receive for selling the Vehicle as salvage; plus (v) if
Definition of Adjusted Lease Balance. the Vehicle is returned to us, the Item 4A Turn-In Fee unless this fee is waived under Item
Monthly Payment Lease. The Adjusted Lease Balance equals the difference between: (1) The 25(t). If the amount we figure in the preceding sentence is less than zero, we will not give
Item 7C Adjusted Capitalized Cost; and (2) all depreciation and amortized amounts in the base you a credit for that amount. We will apply the Additional Credits to the amount you owe
scheduled payments that have become due. Each Item 7I Base Scheduled Payment consists (see Item 25(s)).
of • a rent charge portion; and • a portion allocable to depreciation and any amortized amounts. Single Payment Lease.
Although the amount of your Item 7I Base Scheduled Payment does not change, different If the Vehicle is a Total Loss that is not the result of your fraudulent, criminal, or other intentional
portions of each Base Scheduled Payment are allocated to • rent charge; and • depreciation wrongful act and we receive a settlement under an insurance policy that complies with the
and any amortized amounts. The portion of a Base Scheduled Payment that is allocated to requirements of this Lease (see Items 19 and 25(a)), you have gap protection, which means:
depreciation and any amortized amounts is equal to the Base Scheduled Payment minus the
rent charge for that month. We use the Constant Yield Method to figure the rent charge portion You will receive a credit for the Unused Base Scheduled Payment (see Item 24). We will
of each Base Scheduled Payment. Under the “Constant Yield Method,” the rent charge for each deduct the Additional Credits (see Item 25(s)) from the sum of the Adjusted Lease
scheduled period is earned in advance by multiplying the constant rate implicit in this Lease Balance (see Item 24) and the Unused Base Scheduled Payment to compute a net lease
times the Balance Subject to Rent Charge as it declines during the lease term. At any given balance (the “Net Lease Balance”).

Customer
time during the lease term, the “Balance Subject to Rent Charge” is the difference between the If the insurance settlement we receive is greater than the Net Lease Balance, you will
Item 7C Adjusted Capitalized Cost and the sum of: (i) all depreciation and amortized amounts also receive a credit for the excess up to the amount of the Additional Credits deducted
accrued during the previous monthly periods, and (ii) any Base Scheduled Payment paid at above.
Lease signing or delivery. The scheduled rent charge calculations are based on the assumption
If the Net Lease Balance is greater than the insurance settlement we receive, you will
that we will receive your scheduled payments on their exact due dates and that the Lease goes
owe the excess up to the amount of your insurance deductible.
to its full term.
If: (i) the Vehicle is a Total Loss and we do not receive a settlement under an insurance policy
Single Payment Lease. The Adjusted Lease Balance at the beginning of the Lease equals: (i)
that complies with the requirements of this Lease, (ii) the Total Loss is the result of your
This is not the Authoritative Copy.

The Item 7C Adjusted Capitalized Cost; minus (ii) the Item 7I Base Scheduled Payment. At the
fraudulent, criminal, or other intentional wrongful act, or (iii) the Vehicle was forfeited or
beginning of each month, the Adjusted Lease Balance increases by the rent charge for that
confiscated under governmental authority, then you do not have gap protection, which means:
month. We use the Constant Yield Method to figure the rent charge for each month. Under the
“Constant Yield Method” the rent charge for each monthly period is earned in advance by You will owe us: (i) the Adjusted Lease Balance; minus (ii) any part of your insurance
multiplying the constant rate implicit in this Lease times the Balance Subject to Rent Charge as deductible that you pay us; minus (iii) any settlement we receive from your insurance
it increases during the lease term. At any given time during the lease term, the “Balance company; minus (iv) any amount we receive for selling the Vehicle as salvage; plus (v)
Subject to Rent Charge” equals: (i) the Item 7C Adjusted Capitalized Cost; minus (ii) the Item if the Vehicle is returned to us, the Item 4A Turn-In Fee unless this fee is waived under
7I Base Scheduled Payment; plus (iii) all rent charges accrued during previous monthly Item 25(t). If the amount we figure in the preceding sentence is less than zero, we will
give you a credit for that amount, up to the amount of the Unused Base Scheduled

Copy
periods. The rent charge calculations are based on the assumption that the Lease goes to its
full term. Payment. We will apply the Additional Credits to the amount you owe (see Item 25(s)).
Definition of Fair Market Wholesale Value. Unless you exercise your independent appraisal right In addition to the amounts in this Item 25(b), you will also owe us the Additional Amounts Due (see
(see below), the Fair Market Wholesale Value of the Vehicle is: • if we elect to retain ownership of Item 25(s)). You will receive a credit for the Additional Credits only as described in this Item 25(b).
the Vehicle for use or to lease to a subsequent lessee, the wholesale value of the Vehicle as (c) Standards for Wear and Use. You agree to pay an excess mileage charge as indicated in Item 8
specified in the then current issue of a recognized used vehicle value guide customarily used by and an excess wear charge, at the early end of this Lease to the extent provided for in Item 24 or
California motor vehicle dealers to value vehicles in California or, • under all other circumstances, at the scheduled lease end, minus the amount, if any, of the excess wear charge waived under Item
the higher of (1) the price we receive for the Vehicle at disposition or (2) the amount you and we 22. Excess wear is wear beyond the minor wear reasonably expected to result from ordinary use of
agree in writing. the Vehicle, assuming you maintain the Vehicle as this Lease requires (Item 25(g)) and use the
Definition of Unused Base Scheduled Payment (Single Payment Lease). The Unused Base Vehicle as this Lease permits (Item 25(i)). The excess wear charge will be our actual or estimated
Scheduled Payment equals: (i) the Item 7I Base Scheduled Payment; divided by (ii) the number of cost of repairing any excess wear. (We do not have to make the repairs.) Repairs, including tires,
months in the lease term (Item 20B); times (iii) the number of full months remaining after the date must be made with original equipment manufacturer’s parts or those of equal quality and
of the early termination until the scheduled lease end. performance. These include but are not limited to those necessary to repair or replace: • painting or
lettering the Vehicle or modifying its VIN; • accessories, equipment, or parts that have been added,
Your Independent Appraisal Right. To the extent your early termination liability takes into account
removed, damaged or modified (including missing keys or remote entry devices) without our prior
the value of the Vehicle at termination, you may get a professional appraisal of the Vehicle’s fair
written permission; • road damage, chips, scratches, cracks, plugs, tinting, staining, corrosion or
market wholesale value. If you do so within a reasonable time, we will use the appraised value as
damage to the glass, paint, body, bumpers, suspension, engine, powertrain, frame, wheels, floor
the Fair Market Wholesale Value. The appraiser must be an independent third party. You and we
coverings, seats or any other part of the interior; • mechanical or electrical malfunction, upholstery,
must agree on the appraiser. You must pay for any appraisal. The appraisal will be binding.
interior or trunkliner damage, stains or tears, dented trim or molding, or damage from water, sand,
or freezing; • inoperable lights; • tires that have sidewall plugs, gouges, cuts or exposed cords or
25. OTHER TERMS AND CONDITIONS are not part of a matching set of five tires or of unequal quality to the originals (or four with a spare
of quality and type as the original); • one or more tires with less than 1/8 inch of tread remaining at
(a) Insurance. For the duration of the lease term, and until you return the Vehicle, you agree to the shallowest point; • any condition that renders the Vehicle unsafe, incapable of passing any
maintain the amounts and types of primary insurance as indicated in Item 19 on page 3 of this required inspection or makes the Vehicle run noisy, rough or unsafely; and • any other wear beyond
Lease in your name. You may buy the insurance from any insurance company authorized to normal wear. The failure to adequately maintain or repair the Vehicle may be considered excess
do business and that is reasonably acceptable to us. You must indicate us or anyone we wear. You will not owe a charge for excess mileage or excess wear if you purchase the Vehicle.
require as an additional insured and loss payee on your policy. Your policy must state that we
will be given at least 30 days' notice of any material coverage change, reduction, or (d) Security Deposit. If you paid a security deposit this paragraph applies. Unless required by law, we
cancellation. If your insurer does not pay a claim for any reason, it will mean that you have not do not keep the security deposit separate in a bank or earmarked on our books. We may apply
maintained the required insurance. You will pay for any loss we incur because you do not some or all of the security deposit to any amounts you owe under this Lease, or, if you exercise your
maintain required insurance or because the insurer does not pay a claim. If you fail to obtain purchase option, to the price of the Vehicle. Any unused security deposit will be returned to you at
and maintain the required insurance, we may, if we choose, buy it for you. We may add the the end of the Lease. We have no fiduciary duty to you with respect to the security deposit unless
amount we pay for this insurance to your unpaid Lease obligations and charge rent on the such duty is imposed by law. No interest, increase, or profit on the security deposit will accrue or be
amount added, or at our option, ask you to pay it right away. If we decide to buy this insurance, paid to you.
we may either buy insurance that covers your interest and our interest, or buy insurance that (e) Option to Purchase Vehicle. You have the option to buy the Vehicle at any time from a party
covers only our interest, unless the law requires us to buy insurance that also protects your designated by us. If you do, you agree to re-register and re-title the Vehicle in your name no later
interest. If the Vehicle is damaged, stolen, or destroyed, and money becomes available from than 30 days from the time you purchase it. If you fail to do so, we reserve the right to cancel the
insurance, a judgment, a settlement, or the like, we will be entitled to the money. If the Lease registration. Before the scheduled lease end, the price will be the Adjusted Lease Balance (see Item
ends in connection with our receipt of the money or has already ended at the time we receive 24) plus the Item 9 purchase option price minus the Item 7D Residual Value. At the scheduled lease
it, we will treat any of the money we do not use to repair the Vehicle as part of the price we end, the price will be the Item 9 purchase option price. At either time, you must also pay the
received for the Vehicle at disposition, unless otherwise provided for in Item 25(b). Additional Amounts Due and we will apply the Additional Credits to the amount you owe (see Item
NOTICE: PHYSICAL DAMAGE OR LIABILITY INSURANCE COVERAGE FOR BODILY 25(s)). Under this Lease, you will only be considered to have purchased the Vehicle if we assign
INJURY AND PROPERTY DAMAGE TO OTHERS IS NOT INCLUDED IN THIS LEASE. the Vehicle’s title directly to you.

HFS-UCL-CA-e-14 1/21 v1 Page 4 of 6


(f) Return of the Vehicle. If you do not exercise your purchase option, you will return the Vehicle to (s) Additional Amounts Due and Additional Credits. Regardless of how this Lease ends, you will
us at a place we designate when this Lease ends. You agree to make the Vehicle available for owe us the following amounts: • Any official fees and taxes related to the termination. • Any other
inspection at our request. When you return the Vehicle, you must give us a completed, signed amounts due under this Lease including any unpaid late charges or other amounts due because
odometer disclosure statement. If you keep the Vehicle after the scheduled lease end, unless you you failed to meet your obligations under this Lease (“Additional Amounts Due”). If this Lease ends
return it within any grace period we offer, you will pay us at the beginning of each month for any part early, we may cancel any optional insurance, maintenance, service, or other contracts included in
of a month you keep the Vehicle, an amount equal to: this Lease or claim benefits under them to reduce what you owe or repair the Vehicle (“Additional
• For a monthly payment lease, the Item 7M Total Scheduled Payment. Credits”).
• For a single payment lease, the Item 7M Total Scheduled Payment divided by the number of (t) Turn-In Fee Waiver. The Item 4A Turn-In Fee will be waived if, at the time this Lease ends, you
months in the lease term (Item 20B). enter into a motor vehicle lease or installment sale contract that the dealer assigns to Honda
Financial Services.
Your payment does not permit you to keep the Vehicle unless you get our permission in advance.
We may report the Vehicle as stolen if you fail to return the Vehicle within 72 hours of the Scheduled (u) Liability Upon Termination at Scheduled Lease End or On or After the Start of Last Monthly
Lease End (Item 20), or, if we gave you written permission before the scheduled end date to keep Period. Upon return of the Vehicle, you will pay us the total of the following amounts: • the Item 4A
it longer, and you fail to return it within 72 hours of when that permission ends. You must provide a Turn-In Fee unless this fee is waived under Item 25(t); • an excess mileage charge for any miles in
method to contact you for us to use if you fail to return the Vehicle within the 72 hours. excess of the permitted mileage during the scheduled lease term at the rate per mile shown in Item
8; • any excess wear charge (Item 25(c)); • any amounts due under Item 25(f) because you failed
(g) Maintenance. You will maintain the Vehicle in good working order and repair. You will pay all to return the Vehicle on time; • the Additional Amounts Due (see Item 25(s)). We will apply the
operating costs, such as gasoline, oil, and replacement tires. You will, at your expense, service the Additional Credits to the amount you owe (see Item 25(s)).
Vehicle according to the owner’s manual maintenance schedule. If the Vehicle is recalled, you will
have the recall repairs or service performed. You will use original equipment manufacturer’s parts (v) Settlement of Insurance Claims. If there is any damage or loss to the Vehicle, you agree that we
or those of equal value, quality, and performance in the maintenance and service of the Vehicle. We or our agent may settle any insurance claim or sign your name on any title or registration or on any
may but are not required to provide you with a replacement vehicle for any reason. You will maintain check or draft we receive for that Vehicle damage or loss.
and keep in the Vehicle a record of all maintenance performed on the Vehicle. This maintenance (w) Telematics System Consent. The Vehicle is equipped with a Telematics System that collects and
record will be available to us at any time, and will be provided to us at the end of the Lease. transmits to Lessor and its affiliates detailed information about the Vehicle's location, condition,
(h) Registration, Parking Tickets, Tolls and Taxes. You must keep the Vehicle currently registered. operation (including speed, throttle and brake input, crash events and servicing), information that
You must pay all parking tickets, tolls and traffic fines relating to the Vehicle. If you do not pay such may be tied to the vehicle identification number (VIN) and can be combined to create a track of a
tickets, tolls and fines, we may do so for you, and you will pay us upon demand. We may add the vehicle, as well as the operator's utilization of Vehicle features. One of the important functions of
amount to what you owe us if you do not pay us when we make demand. You must pay when due this program is to provide Lessor with important real-world information about Lessee use, including,
or reimburse us if we pay for you, all government charges, fees and taxes whether assessed but not limited to: use habits, demographic profiles, and vehicle performance. You authorize us
on you, us, or the Vehicle. You will not have to pay our income taxes. If you do not pay the charges, (and/or our affiliates) to collect, retain, and use such information.
fees and taxes, and interest or penalties are assessed (unless the interest or penalties are a result (x) Like-Kind-Exchange (LKE) Notice. Notice is hereby given that HVT, Inc and Honda Lease Trust
of our negligence), you must pay the interest or penalties when due or reimburse us if we pay them. have assigned all of their rights (but not their obligations) to purchase and/or sell this Vehicle to
You must pay personal property taxes, ad valorem, sales, use or similar taxes assessed on Honda Finance Exchange, Inc., pursuant to the Sub-Servicing and Master Exchange Agreement.
the Vehicle, whether such fees or taxes are billed during or after the lease term, and whether (y) Payoff Agreement. Original lessor relied on information from you and/or the lienholder or lessor of
you are billed for them by the government or whether we pay them and bill you for them or your trade-in vehicle to arrive at the payoff amount shown in Item 12B as the “Trade-In Payoff.”
include the amount of such taxes as part of your scheduled payment. We may change your Original lessor agrees to pay the payoff amount shown in Item 12B to the lienholder or lessor of the
scheduled payment if taxes change. If you don’t pay a fine, penalty, toll or parking ticket and we trade-in vehicle, or its designee. If the actual payoff amount is more than the amount shown in Item
elect to pay it, you will reimburse us for the amount paid plus the Item 15 Administrative Fee. 12B, you must pay the original lessor the excess on demand. If the actual payoff amount is less
(i) Use of the Vehicle. You will keep the Vehicle free from any liens or claims. You have the risk of than the amount shown in Item 12B, original lessor will refund the difference to you. Any assignee
loss, and are responsible for the Vehicle’s damage or destruction. You will not: • Use the Vehicle of this Lease will not be obligated to pay the Prior Credit or Lease Balance shown in Item 12B, or
illegally, improperly such as for towing that exceeds the manufacturer’s towing recommendations, any refund due from the original lessor.
or for hire, such as for providing taxi services or for business purpose ridesharing; • Without our (z) Address Waiver. You waive the provisions of California Vehicle Code Section 1808.21 and
prior written consent, alter or install equipment that makes the Vehicle unsafe or unlawful to operate; authorize us to obtain your residence address from the California Department of Motor
• Use the Vehicle in a manner that your insurance policy prohibits or in a way that produces

Customer
Vehicles.
unusually high depreciation; • Allow unlicensed drivers to drive the Vehicle; • Use the Vehicle for
more than 30 days outside the state where you originally registered the Vehicle without prior written (aa) Right to Cancel. Original lessor agrees to deliver the Vehicle to you on the date this Lease is
notice to us and our prior written consent; • Take the Vehicle out of the United States without our signed by original lessor and you. You understand that it may take a few days for original lessor to
prior written consent; • Use the Vehicle in high performance driving events, auto racing of any kind, verify your credit and assign the Lease.
high performance schools, or any similar activities; • Use the Vehicle for off-road travel or activities Lessee's Right to Cancel. You have the right to return the vehicle, and receive a refund of
unless the Vehicle is a sport utility vehicle; or • Change the Vehicle without our prior written consent. any payments made if the credit application is not approved, unless nonapproval results
You will not let anyone else do any of these things. from an incomplete application or from incorrect information provided by you.
This is not the Authoritative Copy.

(j) Indemnification. We are not responsible for any injuries, damages, expenses or claims, Lessor's Right to Cancel. Original lessor may cancel this Lease if (1) nonapproval results from
including claims for attorney fees or under the strict liability doctrine, caused by the incomplete information provided by you, or (2) for any other reason if original lessor is unable to
maintenance, condition, or operation or use of the Vehicle. You agree to indemnify and hold assign the Lease to any one of the financial institutions with whom original lessor regularly does
us (and our assignees, successors, agents, and insurers) harmless for all such injuries, business under an assignment acceptable to original lessor. Original lessor must give you written
damages, expenses and claims. notice (or in any other manner in which actual notice is given to you) within 10 days of the date this
(k) Assignment of Returned Premiums and Other Amounts. You assign to us any unearned Lease is signed if original lessor elects to cancel. Upon receipt of such notice, you must immediately
returned premiums or charges or other amounts relating to insurance or any optional product or return the Vehicle to original lessor in the same condition as when delivered to you, reasonable
service sold in connection with this Lease and returned or paid to us. We will use these amounts to wear and tear excepted. Original lessor must give back to you all consideration received by original

Copy
reduce amounts you owe under the Lease. You will earn no interest, increase, or profit with respect lessor, including any trade-in vehicle.
to such property. If you do not immediately return the Vehicle, you will be liable for all expenses incurred by original
(l) Your Odometer Obligations. You will maintain the odometer of the Vehicle so that it always reflects lessor in taking the Vehicle from you, including reasonable attorney’s fees. While the Vehicle is in
the Vehicle’s actual mileage. If the odometer is at any time inoperable, you will provide us with your possession, all terms of the Lease, including those relating to use of the Vehicle and insurance
reasonable evidence of the Vehicle’s actual mileage. If you are unable to do so, you will pay us our for the Vehicle, will be in full force and you assume all risk of loss or damage to the Vehicle. You
reasonable estimate of any reduction of the Vehicle’s fair market value caused by the inability to must pay all reasonable costs of repair of any damage to the Vehicle, until the Vehicle is returned
determine the Vehicle’s actual mileage. You will provide us with an odometer certification at any to original lessor.
time we request one. We may request more than one certification during the term of this Lease. (bb) General. Federal law and the law of the state of Lessor's address on page 1 of this Lease apply to
Important Note: Federal law requires you to tell us the Vehicle’s mileage in connection with this Lease. If any part of this Lease is invalid, unenforceable or illegal in any jurisdiction, the part
a transfer of Vehicle ownership. You may be fined and/or imprisoned if you do not complete that is invalid, unenforceable or illegal will not be effective as to that jurisdiction. The rest of the
the disclosure or if you make a false statement. Lease will be enforceable except as provided in the Arbitration Provision, on page 6 of this Lease.
This Lease is our entire agreement. We have made no promises to you not contained in this Lease.
(m) Assignment and Transfer of the Vehicle. You may not assign the Lease or transfer the If any part of this Lease is found by a court or other dispute resolution body to be void or
Vehicle without our prior written permission. We may assign all of our rights under this Lease. unenforceable, this Lease is to be read as if that part were never contained in this Lease.
Any person to whom this Lease is assigned may reassign it. Any sale and assignment by us will not
be considered to change materially your duties, burden, or risk under this Lease. (cc) Electronic Contracting and Signature Acknowledgment. You agree that (i) this Lease is an
electronic contract executed by you using your electronic signature, (ii) your electronic signature
(n) Ownership. We are the sole owners of the Vehicle including original accessories and any installed signifies your intent to enter into this Lease and that this Lease be legally valid and enforceable in
after the Lease begins. This is a true lease for tax and other purposes and we receive all benefits accordance with its terms to the same extent as if you had executed this Lease using your written
of ownership. We have not given you any information or advice regarding possible tax signature, and (iii) the authoritative copy of this Lease ("Authoritative Copy") shall be that electronic
consequences under this Lease. copy that resides in a document management system designated by us for the storage of
(o) Inspection. Upon reasonable notice to you, at any reasonable place and time we choose we may authoritative copies of electronic records, which shall be deemed held by us in the ordinary course
inspect this Vehicle and you agree to cooperate with such inspection. of business. Notwithstanding the foregoing, if the Authoritative Copy is converted by printing a paper
(p) Waiver. We may delay or refrain from enforcing any of our rights under this Lease without losing copy which is marked by us as the original (the "Paper Contract"), then you acknowledge and agree
them. that (1) your signing of this Lease with your electronic signature also constitutes issuance and
delivery of such Paper Contract, (2) your electronic signature associated with this Lease, when
(q) Giving Notice. Notices may be given personally or sent by first class mail. Notices mailed to us affixed to the Paper Contract, constitutes your legally valid and binding signature on the Paper
must be sent to the address shown in this Lease or as we otherwise direct from time to time. Notices Contract and (3) subsequent to such conversion, your obligations will be evidenced by the Paper
shall be deemed given to us when they are personally given or actually received at our address. Contract alone.
Notices shall be deemed given to you when they are personally given or when placed in the mail,
addressed to you at your address then shown on our records, even though you might not actually
receive our mailed notice. You agree that 10 days’ notice is a reasonable notice period, unless state
law requires a longer period, in which case you agree that the state-required period is reasonable.
(r) Servicing and Collection Contacts. You agree that we as well as any third party calling on our
behalf and any assignee may try to contact you in writing, by e-mail, or using prerecorded/artificial
voice messages, text messages, and automatic telephone dialing systems, as the law allows. You
also agree that we as well as any third party calling on our behalf and any assignee may try to
contact you in these and other ways at any address or telephone number you provide us, even if
the telephone number is a cell phone number or the contact results in a charge to you. You agree
to provide us with current contact information.

HFS-UCL-CA-e-14 1/21 v1 Page 5 of 6


26. ARBITRATION PROVISION
ARBITRATION PROVISION
PLEASE REVIEW - IMPORTANT - AFFECTS YOUR LEGAL RIGHTS
1. EITHER YOU OR WE MAY CHOOSE TO HAVE ANY DISPUTE BETWEEN US DECIDED BY ARBITRATION AND NOT IN COURT OR BY JURY TRIAL.
2. IF A DISPUTE IS ARBITRATED, YOU WILL GIVE UP YOUR RIGHT TO PARTICIPATE AS A CLASS REPRESENTATIVE OR CLASS MEMBER ON ANY CLASS CLAIM YOU MAY HAVE
AGAINST US INCLUDING ANY RIGHT TO CLASS ARBITRATION OR ANY CONSOLIDATION OF INDIVIDUAL ARBITRATIONS.
3. DISCOVERY AND RIGHTS TO APPEAL IN ARBITRATION ARE GENERALLY MORE LIMITED THAN IN A LAWSUIT, AND OTHER RIGHTS THAT YOU AND WE WOULD HAVE IN COURT MAY
NOT BE AVAILABLE IN ARBITRATION.
Any claim or dispute, whether in contract, tort, statute or otherwise (including the interpretation and scope of this Arbitration Provision, and the arbitrability of the claim or dispute), between you and
us or our parents, subsidiaries, affiliates, employees, officers, agents, representatives, predecessors, successors or assigns, (individually and collectively “us” or “our”) which arises out of or relates
to your credit application, origination or servicing of this Lease, the manufacture, delivery, condition, or performance of this Vehicle, any representations, omissions, or warranties, or any resulting
transaction or relationship (including any such relationship with third parties who do not sign this Lease) shall, at your or our election, be resolved by neutral, binding arbitration and not by a court
action. If federal law provides that a claim or dispute is not subject to binding arbitration, this Arbitration Provision shall not apply to such claim or dispute. Any claim or dispute is to be arbitrated by
a single arbitrator on an individual basis and not as a class action. You expressly waive any right you may have to arbitrate a class action. You may choose the American Arbitration Association
(www.adr.org), JAMS (www.jamsadr.com), National Arbitration and Mediation (www.namadr.com), or any other organization to conduct the arbitration subject to our approval. You may get a copy of
the rules of an arbitration organization by contacting the organization or visiting its website.
Arbitrators shall be attorneys or retired judges familiar with vehicle leasing, auto or consumer finance, and shall be selected pursuant to the applicable rules. The arbitrator shall apply governing
substantive law and the applicable statute of limitations. The arbitration hearing shall be conducted in the federal district in which you reside unless the Lessor named on page 1 of this Lease is a
party to the claim or dispute, in which case the hearing will be held in the federal district where this Lease was executed. You and we will pay the filing, administration, service, or case management
fee and the arbitrator or hearing fee in accordance with the rules and procedures of the chosen arbitration organization. If the rules of the chosen arbitration organization do not specify how fees must
be allocated, we will pay the filing, administration, service or case management fee and the arbitrator or hearing fee up to a maximum of $5,000, unless the law requires us to pay more. The amount
we pay may be reimbursed in whole or in part by decision of the arbitrator if the arbitrator finds that any of your claims is frivolous under applicable law. Each party shall be responsible for its own
attorney, expert and other fees, unless awarded by the arbitrator under applicable law. If the chosen arbitration organization's rules conflict with this Arbitration Provision, then the provisions of this
Arbitration Provision shall control.
Any arbitration under this Arbitration Provision shall be governed by the Federal Arbitration Act (9 U.S.C. § 1 et seq.) and not by any state law concerning arbitration. Any award by the arbitrator shall
be in writing and will be final and binding on all parties, subject to any limited right to appeal under the Federal Arbitration Act. You and we retain the right to seek remedies in small claims court for
disputes or claims within that court's jurisdiction, unless such action is transferred, removed or appealed to a different court.
Neither you nor we waive the right to arbitrate by using self-help remedies, such as repossession, or by filing an action to recover the Vehicle, to recover amounts you owe under this Lease, or for
individual injunctive relief. Any court having jurisdiction may enter judgment on the arbitrator's award. This Arbitration Provision shall survive any termination, payoff or transfer of this Lease. If any
part of this Arbitration Provision, other than waivers of class action rights, is deemed or found to be unenforceable for any reason, the remainder shall remain enforceable. If a waiver of class action
rights is deemed or found to be unenforceable for any reason in a case in which class action allegations have been made, the remainder of this Arbitration Provision shall be unenforceable.
Opt Out: If you would like to opt out of arbitration, you may send us a written notice of opt out. The notice of opt out must provide your name, a description of the leased vehicle, including vehicle
identification number (VIN), and a statement that you want to opt out of the arbitration provision. The written notice must be postmarked within 30 days of the date of this Lease and sent to Honda Financial
Services, P.O. Box 165007, Irving, TX 75016. You agree that we may make changes to this Arbitration Provision if we notify you of the changes and give you another opportunity to opt out.

27. LESSOR’S ASSIGNMENT


Pursuant to the terms of that certain agreement between Lessor and the Assignee for the assignment of leases by Lessor to Assignee from time to time, Lessor hereby assigns all right,
title and interest in the Lease and the Vehicle and rights the Lessor may have under any guaranty executed in connection with the Lease, with full powers to Assignee to collect and
discharge all obligations, any guaranty and this assignment.

(1) Do not sign this Lease before you read it or if it contains any blank spaces to be filled in; (2) You are entitled to a completely filled in copy of this Lease;

Customer
(3) Warning – Unless a charge is included in this Lease for public liability or property damage insurance, payment for that coverage is not provided by this Lease.
YOU AGREE TO THE TERMS OF THIS LEASE. YOU ACKNOWLEDGE YOU HAVE EXAMINED THE VEHICLE, THAT THE VEHICLE IS EQUIPPED
AS YOU WANT, AND THAT IT IS IN GOOD CONDITION. YOU ACCEPT THE VEHICLE FOR ALL PURPOSES OF THE LEASE. YOU UNDERSTAND
THAT YOU HAVE NO OWNERSHIP RIGHTS IN THE VEHICLE UNLESS YOU EXERCISE YOUR OPTION TO PURCHASE THE VEHICLE. YOU
CONFIRM THAT BEFORE YOU SIGNED THIS LEASE, WE GAVE IT TO YOU, AND YOU WERE FREE TO TAKE IT AND REVIEW IT. YOU
ACKNOWLEDGE THAT YOU READ ALL PAGES OF THIS LEASE, INCLUDING THE ARBITRATION PROVISION ABOVE (ITEM 26), BEFORE
This is not the Authoritative Copy.

SIGNING BELOW. YOU CONFIRM THAT YOU RECEIVED A COMPLETELY FILLED-IN COPY WHEN YOU SIGNED THIS LEASE.
LESSEE SIGNATURES

Lessee Signature Date 05/14/2024 Co-Lessee Signature Date 05/14/2024

Type/Print Lessee Name KAREN TONOYAN Type/Print Co-Lessee Name NATALYA TONOYAN

Copy
Commercial Lessee N/A Date N/A By N/A
Type/Print Name N/A Type/Print Title N/A
GUARANTY: To induce us to lease the Vehicle to Lessee, each person who signs as a Guarantor individually guarantees the payment of this Lease. If Lessee fails to pay any money owing on this Lease, each Guarantor
must pay it when asked. Each Guarantor will be liable for the total amount owing even if other persons also sign as Guarantor, and even if Lessee has a complete defense to Guarantor’s demand for reimbursement. Each
Guarantor agrees to be liable even if we do one or more of the following: (1) give the Lessee more time to pay one or more payments; (2) give a full or partial release to any other Guarantor; (3) accept less from the Lessee
than the total amount owing; or (4) otherwise reach a settlement relating to this Lease or extend the Lease. Each Guarantor acknowledges receipt of a completed copy of this Lease and Guaranty at the time of signing.
To the extent permitted by applicable law, Guarantor waives notice of acceptance of this Guaranty, notice of the Lessee’s non-payment, non-performance, and default; and notices of the amount owing at any time, and of any demands upon the Lessee.
N/A
Guarantor Signature X Date N/A Type/Print Guarantor Name N/A
Guarantor Address N/A
LESSOR’S ACCEPTANCE
The Lessor’s authorized signature indicates the Lessor has accepted the terms, conditions and obligations of this Lease.
Lessor Name: CAR PROS HONDA EL MONTE By:
Type/Print Name: Christian Echeagaray
Assignee Name: Honda Lease Trust Type/Print Title: F&I

FORM NO. HFS-UCL-CA-e-14 (REV. 1/21)


©2021 The Reynolds and Reynolds Company
THERE ARE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO CONTENT OR
FITNESS FOR PURPOSE OF THIS FORM. CONSULT YOUR OWN LEGAL COUNSEL. HFS-UCL-CA-e-14 1/21 v1 Page 6 of 6

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