IT IS HEREBY AGREED BETWEEN FIVES B

IT IS HEREBY AGREED BETWEEN FIVES BRONC THAT IN CONSIDERATION OF THE AGREEMENT ENTERED INTO BETWEEN THEM, FOR THE SUPPLY OF THE EQUIPMENT DESCRIBED HEREIN BY THE SELLER TO FIVE BRONC AND AS INTEGRAL CONDITION OF AND PART OF SUCH CONTRACT THAT IMMEDIATELY UPON PAYMENT OF AN INSTALMENT PAYMENT MADE BY BRONC TO THE SELLER,THE LEGAL AND EQUITABLE TITLE IN AND OWNERSHIP OF ASCERTAINED GOODS TOGETHER WITH ANY WORK CARRIED OUT ON OR WITH ASCERTAINED GOODS EQUIVALENT TO THE VALUE OF THE INSTALMENTS MADE BY BRONX AND RECEIVED BY THE SELLER SHALL VEST IN BRONX.