Vehicle Lease Agreement 2Vehicle Lease Agreement 2Vehicle Lease Agreement 2
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Rev. 4/11

VEHICLE LEASE AGREEMENT
This lease, made and entered into this

day of

, 20__, between
, hereinafter referred to as
“Lessor”, and
, hereinafter
referred to as “Lessee.” This agreement is a subcontract of the agreement(s) between
the North Carolina Department of Transportation (NCDoT) and the Lessor. All other
provisions contained in the agreement(s) between the North Carolina Department of
Transportation and the Lessor, the Federal Transit Administration (FTA) Master
Agreement (16) dated October 1, 2009, the State Management Plan for Federal and
State Transportation Programs, and any subsequent amendments or revisions thereto,
are herein incorporated by reference.

WITNESSTH:
Article I
Leased Vehicles: The Lessor hereby leases to the Lessee the vehicle(s) described in
Exhibit 1 attached herewith and made a part hereof (hereinafter referred to as vehicle(s)
upon the conditions and covenants set forth below). The vehicles shall be operated by
the Lessee to serve the best inte