MOTOR VEHICLE LEASE CONTRACT

PLACE AND DATE OF CONTRACT: ______________________________________________

ARRENDADOR:
_____________________________________________________________________
ARRENDATARIO:
____________________________________________________________________

FECHA INICIACIÓN: ______________________________________________________

FECHA TERMINACIÓN: _______________________________________________________

Between Mr. _______________________________ , as owner of the vehicle with license

plates _____, hereinafter referred to as the lessor and Mr.
_______________________________________ hereinafter referred to as the lessee, both
identified at the bottom of their respective signatures of legal age, neighbors of Cali,
without impediment to contract and bind themselves, the following agreement is
subscribed, which shall be governed by the following clauses: First OBJECT: The LESSOR
delivers to the LESSEE in automobile rental the individual public passenger service vehicle,
cab type, make ............, model ......., color .........., No. . chassis ............., plate ............, with
............. kilometers traveled and with a full tank of fuel, with auxiliary wheel and the tools
that are standard factory equipment for the aforementioned vehicle and the
corresponding safety elements required by current traffic regulations, all of which is
received by THE LESSEE in conformity. . Second. CONDITION OF THE VEHICLE: The vehicle
is in perfect working order and with the body, upholstery, tires, accessories such
as .............................................................................................................................................
.................................................................................................................................................
.........................................................................................................., in good working
condition. Third. The price of the lease is established as follows: ..................., which shall
be paid daily Fourth. The term of the lease is established at ................ the vehicle must be
returned to the LESSOR on ............... of ...... ............ at ............ hours, at the place deemed
convenient by the lessor, after which the seizure of the same may be requested. Fifth. THE
LESSEE shall use the automobile for individual public transport of passengers in
accordance with Decree 172 of 2001, exclusively for this purpose and within the normal
capacity of the vehicle. He shall handle it personally and may not sublet it, assign it or
dispose of it in any way without the express written consent of the LESSOR. The vehicle
may not be driven outside the territory of the Republic of Colombia, unless authorized in
writing by the LESSOR. Sixth. In no case and under no circumstances may the LESSEE
assume the character of representative, agent or representative of the LESSOR. Seventh.
The term of the lease arises from the term set forth in the fourth clause, and THE TENANT
may not claim tacit renewal or automatic renewal of the lease for any reason whatsoever.
Eighth. THE LESSEE becomes the depositary and custodian of the vehicle, assuming all civil
and criminal liabilities that such condition implies, until such time as it is returned to the
LESSOR. Ninth. Upon expiration of the lease term, THE LESSEE must return the leased
vehicle immediately in the same condition in which it was received and at the LESSOR's
address. Tenth. Obligations and liability of the LESSEE is entirely responsible while
he/she remains in possession of the automobile for the material and/or legal guard of the
same, having to compensate the LESSOR or its insurance company, or third parties for the
following damages: a) For any damage to the property caused to or by the leased vehicle.
b) For damages caused to third parties. c) For damages caused to persons and/or goods
transported in the rented automobile d) For violations committed or alleged to have been
committed against municipal, departmental and/or state traffic regulations. e) For the
moral damages that the fault and/or negligence of the LESSEE may cause to third parties.
Eleventh. OBLIGATIONS OF THE PARTIES: a) THE LESSOR: 1. To deliver to the LESSEE on
the convenient date the cab given in lease in good state of service, safety and sanitation,
and to place at his disposal the services, things or related uses and the additional ones
herein agreed, b)LESSEE: 1. to pay to the LESSOR in the place agreed in the second clause
of the present contract, the price of the lease. 2. To take care of the cab and the things
received in lease: in case of damages or deteriorations other than those derived from the
normal use of the action of time and that were attributable to the normal use of the cab
or to its own fault, to carry out in a timely manner and at its own expense the necessary
repairs or replacements upon authorization of LESSOR 3. Comply with the provisions
dictated by the national government regarding the transportation code in force, as well as
pay its own fines or penalties for transgressing the traffic regulations. 4. Costs that may be
incurred: for which it undertakes to deliver to THE LESSOR periodically, during the first
fifteen (15) days of each month, a copy of the payment receipts of the E.P.S. (Social
Security). AND A.R.P. in which it is affiliated. In the event that he/she is affiliated to an EPS
as a beneficiary of a relative, he/she must declare it in writing tothe LESSOR, enclosing a
copy of such affiliation or a valid document that proves such affiliation 5) to cancel the
fines that may be applicable for the infraction of the traffic regulations. 6) Carry the
driver's license or occasional trip form when required and when leaving the urban
perimeter, taking into account that the occasional trip form is issued three times per
month. 7) Carry all the documents that support the operation of the vehicle, including the
control card and its valid and legal license. 8) In case of traffic accident, contact the
LANDLORD and/or the insurance company's hotline __________ (all risk policy) and IRS
VIAL in case of accident with injuries and/or homicide (car only affiliated to _____), report
the accident to the authorities. Twelfth. The LICENSEE is totally forbidden to drive the
rented car under the following conditions: a) In a state of drunkenness, when under the
influence of painkillers, tranquilizers or narcotics. b) Without a valid driver's license, issued
by the competent authorities and accepted by the Colombian authorities or not in force.
c) In violation of the respective traffic regulations. d) Thirteenth. THE LESSEE may not use
the rented car for: a) Uses other than those stipulated in this contract, b) The
transportation of heavy or dangerous loads or packages. c) To dangerous or illicit work. d)
To towing operations of any kind. e) to participate with it in automobile races, speed trials,
regularity, etc., or in competitions of any other type, under any pretext whatsoever.
Fourteenth. THE LESSEE agrees to comply with each and every one of these clauses and
agrees that the breach of any of them shall give rise to the LESSOR to declare the lease
terminated without the need for any prior notice and/or intimation from the LESSOR, and
the LESSEE shall be responsible for each and every one of the obligations it has assumed
by signing this document. Fifteenth. THE LESSEE shall deposit with the LESSOR the sum
indicated in the contract, as a guarantee of its performance, empowering the LESSOR to
dispose of all or part of the deposit in order to cover any of the obligations arising from
the lease without the need for prior notice, or to comply with any other formality or
requirement Sixteenth. It is hereby established that the LESSOR shall not be liable for the
loss and/or misplacement of any object, of any nature whatsoever, located or left in the
rented car. Eighteenth. Exclusion of labor relationship, the lessee acts under its own
responsibility, in a liberal manner, with full autonomy and without any type of
subordination or dependence with the lessor, proceeding in accordance with the eleventh
clause, paragraph b) numeral 4. THE TENANT agrees that for any dispute and/or claim
arising hereunder, he/she submits to the jurisdiction of ............ waiving any other
jurisdiction to which it may be entitled. For this purpose, the domicile is ....................

The following are signed........examples of the same tenor and to a single effect, and the
vehicle is delivered to the LESSEE.

LESSOR TENANT

THE LESSEE undertakes to economically exploit this vehicle on a daily basis during the
period of time from ________ am to _____ pm after which it will be returned in the same
state of use presented to the LESSOR or at the place informed by the LESSOR. SECOND
STEP: THE LESSEE agrees to pay the LESSOR, or the persons designated by the LESSOR, the
sum of ________________________________________ in cash daily at ______________,
which amount shall be adjusted annually upon agreement of the parties.
THIRD DELAY: the default for delay of more than two days of the rental fee in the agreed
opportunity and form shall entitle the LESSOR TO , A) terminate this lease and demand
judicially and extrajudicially the restitution of the cab; B) to initiate the corresponding civil
action, in order to obtain the collection of the fees not paid at the agreed place and date,
with interest for late payment, which shall be assessed according to the certification
issued by the Banking Superintendence. FOURTH PURPOSE: THE LANDLORD undertakes to
use the cab in a moral manner, that is, for the transportation of persons, respecting all
current traffic regulations, as well as the regulations governing urban public
transportation. FIFTH RECEIPT AND CONDITION: THE HIRER declares that he has received
the cab object of this contract in good condition and good mechanical satisfaction and
that it does not present any damage in the structure of the bodywork and cushioning and
as a whole the vehicle, which has been fully inspected before signing this document,
according to the inventory attached, which will be delivered to THE HIRER on the day of
the material delivery of the taxi.The vehicle has been fully inspected before signing this
document, according to the attached inventory, which will be delivered to the lessee on
the day of the material delivery of the cab; it is understood that this inventory is an
integral part of this contract, of this contract in which the services, things and related and
additional uses are determined. THE LESSEE, upon termination of the contract, shall return
the cab to the LESSOR in the same condition, except for the deterioration resulting from
time and legitimate use. SIXTH IMPROVEMENTS: THE LESSEE shall be responsible for
monitoring all conditions for normal maintenance and reporting, and may not make any
other improvements without the consent of LESSOR. SEVENTH OBLIGATION OF THE
PARTIES: the obligations of the parties are the following: a) THE LESSOR: 1. To deliver to
the LESSEE on the convenient date the cab given in lease in good condition of service,
safety and sanitation, and to place at his disposal the services, things or related uses and
the additional ones herein agreed, b) THE LESSEE: 1.pay to the LESSOR in the place agreed
in the second clause of the present contract, the price of the lease. 2. To take care of the
cab and the things received in lease: in case of damages or deteriorations other than
those derived from the normal use of the action of time and that were attributable to the
normal use of the cab or to its own fault, to carry out in a timely manner and at its own
expense the necessary repairs or replacements upon authorization of LESSOR 3. Comply
with the provisions dictated by the national government regarding the transportation
code in force, as well as pay its own fines or penalties for transgressing the traffic
regulations. 4. Costs that may arise: for which it undertakes to deliver to THE LESSOR
periodically, during the first fifteen (15) days of each month, a copy of the payment
receipts of the E.P.S. (Social Security). AND A.R.P. in which it is affiliated. In the event that
he/she is affiliated to an EPS as a beneficiary of a relative, he/she must declare it in writing
to the LESSOR, enclosing a copy of such affiliation or a current document that proves such
affiliation. EIGHTH TERMINATION OF THE CONTRACT: The following are grounds for
unilaterally terminating this contract A) on the part of the LANDLORD: b) non-payment by
the LESSEE of two periods or monthly payments of social security, as agreed in the fourth
paragraph of the sixth clause of this contract c) driving the vehicle while intoxicated or
under the effect of hallucinogens, even if it is for only one time. d) The use of the leased
vehicle in illicit activities or in activities other than the normal use of the vehicle, which is
understood to be for the transportation of persons. B) on the part of the LESSEE : a) the
non-availability of the leased vehicle for reasons attributable to the LESSEE PARAGRAPH:
the parties agree that when the vehicle, object of the lease is under repair or immobilized
by order of a judicial authority or competent authority, the obligations included in this
contract shall be understood as suspended, until the vehicle is in conditions to be
economically exploited: event in which the obligations, as they have been agreed.

However, the parties may at any time and by mutual agreement terminate this contract
without any type of indemnity.

NINTH AUTHORIZATION: The LESSEE authorizes the LESSOR to constitute and administer a
fund or deposit to be formed with the contribution of the LESSEE .

Daily in order that THE LESSOR pays monthly to the corresponding entity the social
security contributions of the LESSEE.

For the record of the foregoing is signed by the parties in Santiago de Cali on the
__day__of TWO THO THOUSAND EIGHT (2.008).

LESSOR TENANT