EXECUTION VERSION

                               LOAN SALE AGREEMENT

                               November 20, 2007,

                                      among

                      GENERAL ELECTRIC CAPITAL CORPORATION,
                                   as Seller,

                GE CAPITAL INFORMATION TECHNOLOGY SOLUTIONS, INC.
                                   as Seller,

                               VFS FINANCING, INC.
                                    as Seller

                                       and

                         CEF EQUIPMENT HOLDING, L.L.C.,
                                  as Purchaser

                                                             Loan Sale Agreement

     This LOAN SALE AGREEMENT ("Agreement" or "Sale Agreement") is entered into
as of November 20, 2007 by and among GENERAL ELECTRIC CAPITAL CORPORATION, a
Delaware corporation ("GE Capital"), GE CAPITAL INFORMATION TECHNOLOGY
SOLUTIONS, INC., a California corporation ("GECITS"), VFS FINANCING, INC., a
Delaware corporation ("VFS" and together with GECITS and GE Capital, the
"Sellers", and individually, each a Seller) and CEF EQUIPMENT HOLDING, L.L.C., a
Delaware limited liability company (the "Purchaser").

     In consideration of the premises and the mutual covenants hereinafter
contained, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

                                    ARTICLE I

                         DEFINITIONS AND INTERPRETATION

     Section 1.1 Definitions. Capitalized terms used herein and not otherwise
defined shall have the meanings ascribed to them in Section 1 of Annex A to this
Agreement.

     Section 1.2 Rules of Construction. For purposes of this Agreement, the
rules of construction set forth in Section 2 of Annex A shall govern. All
Annexes, Exhibits and Schedules hereto, are incorporated herein by reference
and, taken together with this Agreement, shall constitute but a single
agreement.

                                   ARTICLE II

                               SALES OF CEF ASSETS

     Section 2.1 Sale of Loans. (a) Subject to the terms and conditions hereof
each Seller does hereby sell, transfer, assign, set over and otherwise convey to
the Purchaser, without recourse (subject to the obligations herein) all such
Seller's right, title and interest of in:

          (i)   the Loans, including the Loan Files, and all obligations of the
                Obligors thereunder, including the right to payment of any
                interest accrued and to accrue from and after November 1, 2007
                or finance charges and other obligations of such Obligor with
                respect thereto due or to become due on or after the Cut-off
                Date;

          (ii)  all Related Security and Collections with respect thereto;

          (iii) all other property now or hereafter in the possession or custody
                of, or in transit to, the Issuer, the Servicer, any Sub-Servicer
                or each Seller relating to any of the foregoing;

          (iv)  all Records with respect to any of the foregoing; and

          (v)   all proceeds of the foregoing (collectively the "CEF Assets").

                                                             Loan Sale Agreement

          (b) On or before the Closing Date, each Seller shall (i) indicate in
     its computer files that the CEF Assets have been sold to the Purchaser
     pursuant to this Agreement by so identifying such CEF Assets with an
     appropriate notation and (ii) deliver to the Purchaser or its designee the
     following documents (collectively, the "Loan Files"):

          (i)   the original fully executed copy of the Loan;

          (ii)  a record or facsimile of the original credit application fully
                executed by the Obligor;

          (iii) the original certificate of title or file stamped copy of the
                UCC financing statement or such other documents evidencing the
                security interest of the Purchaser in the Equipment; and

          (iv)  any and all other documents relating to a Loan, an Obligor or
                any of the Equipment.

     Section 2.2 Grant of Security Interest. The parties hereto intend that the
sale pursuant to Section 2.1 hereof shall constitute a purchase and sale and not
a loan. Notwithstanding anything to the contrary set forth in this Section 2.2,
if a court of competent jurisdiction determines that the sale provided for
herein constitutes a loan and not a purchase and sale, then the parties hereto
intend that this Agreement shall constitute a security agreement under
applicable law and that each Seller shall be deemed to have granted, and each
Seller hereby grants, to the Purchaser a first priority lien and security
interest in and to all of such Seller's right, title and interest in, to and
under the CEF Assets sold and transferred by such Seller on the Closing Date.
The possession by the Purchaser of notes and such other goods, money, documents,
chattel paper or certificated securities shall be deemed to be "possession by or
delivery to secured party" for purposes of perfecting the security interest
pursuant to the UCC in force in the relevant jurisdiction (including, without
limitation, Section 9-313(c)(1) thereof). Notifications to persons holding such
property, and acknowledgments, receipts or confirmations from persons holding
such property, shall be deemed notifications to, or acknowledgments, receipts or
confirmations from, bailees or agents (as applicable) of the Purchaser for the
purpose of perfecting such security interest under applicable law (except that
nothing in this sentence shall cause any Person to be deemed to be an agent of
the Purchaser for any purpose other than for perfection of such security
interest unless, and then only to the extent, expressly appointed and authorized
by the Purchaser in writing).

     Section 2.3 Sale Price. (a) As consideration for the sale of the CEF Assets
pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller
on the Closing Date, the CEF Cash Purchase Price for the CEF Assets sold and
transferred by such Seller to the Purchaser on the Closing Date. The CEF Cash
Purchase Price for the sale of CEF Assets shall be an amount equal to the fair
market value thereof as agreed upon by the Purchaser and the applicable Seller
prior to such sale.

          (b) The CEF Cash Purchase Price for the CEF Assets sold by each Seller
     under this Agreement shall be payable in full in cash by the Purchaser on
     the Closing Date. On the Closing Date, the Purchaser shall, upon
     satisfaction of the applicable


                                        2                    Loan Sale Agreement

     conditions set forth in Article III, make available to each of the Sellers
     the CEF Cash Purchase Price in same day funds.

                                   ARTICLE III

                              CONDITIONS PRECEDENT

     Section 3.1 Conditions to Sale. Each sale hereunder shall be subject to
satisfaction of each of the following conditions precedent (any one or more of
which, except clause (e) below, may be waived in writing by the Purchaser) as of
the Closing Date:

          (a) This Agreement or counterparts hereof shall have been duly
     executed by, and delivered to, the applicable Seller and the Purchaser, and
     the Purchaser shall have received such documents, instruments, agreements
     and legal opinions as the Purchaser shall reasonably request in connection
     with the transactions contemplated by this Agreement, each in form and
     substance reasonably satisfactory to the Purchaser.

          (b) The Purchaser shall have received satisfactory evidence that the
     applicable Seller has obtained all required consents and approvals of all
     Persons, including all requisite Governmental Authorities, to the
     execution, delivery and performance of this Agreement and the consummation
     of the transactions contemplated hereby.

          (c) The applicable Seller shall be in compliance in all material
     respects with all applicable foreign, federal, state and local laws and
     regulations, including those specifically referenced in Section 4.2(c),
     except to the extent that the failure to so comply, individually or in the
     aggregate, could not reasonably be expected to have a Material Adverse
     Effect.

          (d) The representations and warranties of the applicable Seller
     contained herein or in any other Related Document shall be true and correct
     in all material respects (or, to the extent any such representation or
     warranty is qualified by a materiality standard, such representation or
     warranty shall be true and correct) as of the Closing Date, both before and
     after giving effect to such sale, except to the extent that any such
     representation or warranty expressly relates to an earlier date and except
     for changes therein expressly permitted by this Agreement.

          (e) At the time of such sale, the Purchaser shall have sufficient
     funds on hand to pay the CEF Cash Purchase Price.

          (f) The applicable Seller shall be in compliance with each of its
     covenants and other agreements set forth herein.

          (g) The applicable Seller shall have taken such other action,
     including delivery of approvals, consents, opinions, documents and
     instruments to the Purchaser as the Purchaser may reasonably request.


                                        3                    Loan Sale Agreement

The consummation by a Seller of the sale of CEF Assets on the Closing Date shall
be deemed to constitute, as of the Closing Date, a representation and warranty
by such Seller that the conditions in clauses (d), (f) and (g) of this Section
3.1 have been satisfied.

                                   ARTICLE IV

                    REPRESENTATIONS, WARRANTIES AND COVENANTS

     Section 4.1 Representations and Warranties of the Sellers. To induce the
Purchaser to purchase the CEF Assets, each Seller makes the following
representations and warranties to the Purchaser, as of the Closing Date, each
and all of which shall survive the execution and delivery of this Agreement.

          (a) Corporate Existence; Power and Authority. Such Seller (i) is a
     corporation duly organized, validly existing and in good standing under the
     laws of its jurisdiction of organization; and (ii) has all requisite power
     and authority and licenses to conduct its business, to own its properties
     and to execute, deliver and perform its obligations under this Agreement.

          (b) UCC Information. The true legal name of such Seller as registered
     in the jurisdiction of its organization, and the current location of such
     Seller's jurisdiction of organization are set forth in Schedule 4.1(b) and
     such location has not changed within the past 12 months with respect to
     such Seller. During the prior five years, except as set forth in Schedule
     4.1(b), such Seller has not been known as or used any corporate, fictitious
     or trade name. In addition, Schedule 4.1(b) lists the Seller's (i) federal
     employer identification number and (ii) organizational identification
     number as designated by the jurisdiction of its organization.

          (c) Authorization, Compliance with Law. The execution, delivery and
     performance by such Seller of this Agreement and the other Related
     Documents and the creation and perfection of all Liens and ownership
     interests provided for herein: (i) have been duly authorized by all
     necessary corporate action, and (ii) do not violate any provision of any
     law or regulation of any Governmental Authority, or contractual or
     corporate restrictions, binding on such Seller, except where such
     violations, individually or in the aggregate, could not reasonably be
     expected to have a Material Adverse Effect.

          (d) Enforceability. On or prior to the Closing Date, each of the
     Related Documents to which a Seller is a party shall have been duly
     executed and delivered by such Seller and each such Related Document shall
     then constitute a legal, valid and binding obligation of such Seller,
     enforceable against it in accordance with its terms, subject as to
     enforcement to bankruptcy, receivership, conservatorship, insolvency,
     reorganization, moratorium and other similar laws of general applicability
     relating to or affecting creditors' rights and to general principles of
     equity.

          (e) Solvency. Such Seller is Solvent.


                                        4                    Loan Sale Agreement

          (f) Use of Proceeds. No proceeds received by such Seller under this
     Agreement will be used by it for any purpose that violates Regulation U of
     the Federal Reserve Board.

          (g) Investment Company Act. Such Seller is not an "investment company"
     or "controlled by" an "investment company," as such terms are defined in
     the Investment Company Act.

          (h) Loans and Other CEF Assets. With respect to each Loan and the
     other CEF Assets sold by such Seller on the Closing Date, such Seller
     represents and warrants that (i) such Loan satisfies the criteria for an
     Eligible Loan as of the Cut-Off Date; (ii) immediately prior to sale to the
     Purchaser, such CEF Assets were owned by such Seller free and clear of any
     Adverse Claim, and such Seller has had at all relevant times the full
     right, power and authority to sell, contribute, assign, transfer and pledge
     its interest therein as contemplated under this Agreement and, upon such
     sale, the Purchaser will acquire valid and properly perfected title to, and
     the sole record and beneficial ownership interest in, such CEF Assets, free
     and clear of any Adverse Claim or restrictions on transferability, and the
     Liens granted to the Purchaser by such Seller pursuant to Section 2.2 will
     at all times be fully perfected first priority Liens in and to such Loans
     and, in addition, following such sale, such Loan will not be subject to any
     Adverse Claim as a result of any action or inaction on the part of such
     Seller (or any predecessor in interest); and (iii) if such Loan is
     cross-collateralized with a loan that is not a CEF Asset conveyed
     hereunder, as of the Closing Date, either (x) the repossession or exercise
     of other rights with respect to the related Equipment by the holder of such
     loan would not materially impair the security intended to be afforded for
     such Loan and result in a material adverse effect on the holders of the
     Notes or (y) the holder of such loan and the Purchaser or its assigns as
     holder of the Loan have entered into an intercreditor arrangement under
     which each holder has agreed to subordinate its respective lien and rights
     of enforcement against the Equipment financed by the other holder or its
     predecessor in interest.

The representations and warranties described in this Section 4.1 shall survive
the sale of the CEF Assets to the Purchaser, any subsequent assignment or sale
of the CEF Assets by the Purchaser, and the termination of this Agreement and
the other Related Documents and shall continue until the payment in full of all
CEF Assets.

     Section 4.2 Affirmative Covenants of the Sellers. Each Seller covenants and
agrees that, unless otherwise consented to by the Purchaser, from and after the
Closing Date:

          (a) Records. Such Seller shall at its own cost and expense, for not
     less than three years from the date on which each Loan was originated, or
     for such longer period as may be required by law, maintain adequate Records
     with respect to such Loan, including records of all payments received,
     credits granted and merchandise returned with respect thereto.

          (b) Access. At any reasonable time, and from time to time at the
     Purchaser's reasonable request, and upon at least seven days prior notice
     to such Seller, such Seller shall permit the Purchaser (or such Person as
     the Purchaser may designate), at the


                                        5                    Loan Sale Agreement

     expense of the Purchaser (or such Person as the Purchaser may designate),
     to conduct audits or visit and inspect any of the properties of such Seller
     to examine the records, internal controls and procedures maintained by such
     Seller with respect to the CEF Assets and take copies and extracts
     therefrom, and to discuss such Seller's affairs with its officers,
     employees and, upon notice to such Seller, independent accountants. Such
     Seller shall authorize such officers, employees and independent accountants
     to discuss with the Purchaser (or such Person as the Purchaser may
     designate) the affairs of such Seller as such affairs relate to the CEF
     Assets. Any audit provided for herein shall be conducted in accordance with
     such Seller's rules respecting safety and security on its premises and
     without materially disrupting operations. If an Event of Default shall have
     occurred and be continuing, such Seller shall provide such access at all
     times and without advance notice and shall provide the Purchaser (or such
     Person as the Purchaser may designate) with access to its suppliers and
     customers.

          (c) Compliance With Agreements and Applicable Laws. Such Seller shall
     comply with all federal, state and local laws and regulations applicable to
     it and the CEF Assets, including those relating to truth in lending, fair
     credit billing, fair credit reporting, equal credit opportunity, fair debt
     collection practices, privacy, licensing and taxation, except to the extent
     that the failure to so comply, individually or in the aggregate, could not
     reasonably be expected to have a Material Adverse Effect.

          (d) Maintenance of Existence and Conduct of Business. Such Seller
     shall preserve and maintain its corporate existence, rights, franchise and
     privileges in the jurisdiction of its incorporation.

          (e) Notice of Material Event. Such Seller shall promptly inform the
     Purchaser in writing of the occurrence of any of the following, in each
     case setting forth the details thereof and what action, if any, the Seller
     proposes to take with respect thereto:

          (i)  any Litigation commenced, or to the knowledge of such Seller,
               threatened against it or with respect to or in connection with
               all or any substantial portion of the CEF Assets or developments
               in such Litigation in each case that such Seller believes has a
               reasonable risk of being determined adversely to it and that
               could, if determined adversely, have a Material Adverse Effect;
               or

          (ii) the commencement of a case or proceeding by or against it seeking
               a decree or order in respect to it (A) under the Bankruptcy Code
               or any other applicable federal, state or foreign bankruptcy or
               other similar law, (B) appointing a custodian, receiver,
               liquidator, assignee, trustee or sequestrator (or similar
               official) for it or for any substantial part of the it's assets,
               or (C) ordering the winding-up or liquidation of its affairs.

          (f) Separate Identity. Such Seller shall, to the extent applicable to
     it, act in a manner that is consistent with the statements set forth in
     Exhibit 4.2(f).


                                        6                    Loan Sale Agreement

          (g) Deposit of Collections. Such Seller shall transfer and cause its
     Subsidiaries to transfer to the Purchaser or the Servicer on its behalf,
     promptly, and in any event no later than the second Business Day after
     receipt thereof, all Collections it may receive in respect of CEF Assets.

          (h) Sale Characterization. For accounting purposes, such Seller shall
     treat the sale made hereunder as a sale of the CEF Assets. Such Seller
     shall also maintain its accounting books and records in a manner which
     clearly reflects such sale of the CEF Assets to the Purchaser.

     Section 4.3 Negative Covenants of the Sellers. Each Seller covenants and
agrees that, without the prior written consent of the Purchaser, from and after
the Closing Date and until the later of the Redemption Date or the Class C
Maturity Date:

          (a) Adverse Claims. Such Seller shall not create, incur, assume or
     permit to exist any Adverse Claim on or with respect to any CEF Assets.

          (b) UCC Matters. Such Seller shall not change its state of
     organization or incorporation or its name, identity or corporate structure
     such that any financing statement filed to perfect the Purchaser's
     interests under this Agreement would become seriously misleading, unless
     such Seller shall have given the Purchaser not less than 30 days' prior
     written notice of such change.

          (c) No Proceedings. From the Closing Date and until the date one year
     plus one day following the date on which all amounts due with respect to
     the Notes have been paid in full in cash, such Seller shall not, directly
     or indirectly, institute or cause to be instituted against the Purchaser
     any bankruptcy, reorganization, arrangement, insolvency or liquidation
     proceeding or other proceeding under any federal or state bankruptcy or
     similar law; provided that the foregoing shall not in any way limit such
     Seller's right to pursue any other creditor rights or remedies that such
     Seller may have under applicable law.

                                    ARTICLE V

                                 INDEMNIFICATION

     Section 5.1 Indemnification. Without limiting any other rights that the
Purchaser or any of its Stockholders, officers, directors, employees, attorneys,
agents or representatives (each, a "Purchaser Indemnified Person") may have
hereunder or under applicable law, each Seller hereby agrees to severally
indemnify and hold harmless each Purchaser Indemnified Person from and against
any and all Indemnified Amounts that may be claimed or asserted against or
incurred by any such Purchaser Indemnified Person to the extent arising from or
related to the failure of a Loan sold and transferred by each Seller to be
originated in compliance with all requirements of law; provided, that no Seller
shall be liable for any indemnification to a Purchaser Indemnified Person to the
extent that any such Indemnified Amounts result from (a) such Purchaser
Indemnified Person's bad faith, gross negligence or willful misconduct, (b)
recourse for uncollectible Loans, or (c) any income tax or franchise tax
incurred by any Purchaser


                                        7                    Loan Sale Agreement

Indemnified Person, except to the extent that the incurrence of any such tax
results from a breach of or default by such Seller under this Agreement.

NO PARTY TO THIS AGREEMENT SHALL BE RESPONSIBLE OR LIABLE TO ANY OTHER PARTY TO
THIS AGREEMENT, ANY SUCCESSOR, ASSIGNEE OR THIRD PARTY BENEFICIARY OF SUCH
PERSON OR ANY OTHER PERSON ASSERTING CLAIMS DERIVATIVELY THROUGH SUCH PARTY, FOR
INDIRECT, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES THAT MAY BE ALLEGED AS A
RESULT OF ANY TRANSACTION CONTEMPLATED HEREUNDER.

                                   ARTICLE VI

                                  MISCELLANEOUS

     Section 6.1 Notices. Except as otherwise provided herein, whenever it is
provided herein that any notice, demand, request, consent, approval, declaration
or other communication shall or may be given to or served upon any of the
parties by any other parties, or whenever any of the parties desires to give or
serve upon any other parties any communication with respect to this Agreement,
each such notice, demand, request, consent, approval, declaration or other
communication shall be in writing and shall be deemed to have been validly
served, given or delivered (a) upon the earlier of actual receipt and three
Business Days after deposit in the United States mail, registered or certified
mail, return receipt requested, with proper postage prepaid, (b) upon
transmission, when sent by telecopy or other similar facsimile transmission
(with such telecopy or facsimile promptly confirmed by delivery of a copy by
personal delivery or United States mail as otherwise provided in this Section
6.1), (c) one Business Day after deposit with a reputable overnight courier with
all charges prepaid or (d) when delivered, if hand-delivered by messenger, all
of which shall be addressed to the party to be notified and sent to the address
or facsimile number set forth below or to such other address (or facsimile
number) as may be substituted by notice given as herein provided. The giving of
any notice required hereunder may be waived in writing by the party entitled to
receive such notice. Failure or delay in delivering copies of any notice,
demand, request, consent, approval, declaration or other communication to any
Person (other than Purchaser) designated in any written communication provided
hereunder to receive copies shall in no way adversely affect the effectiveness
of such notice, demand, request, consent, approval, declaration or other
communication. Notwithstanding the foregoing, whenever it is provided herein
that a notice is to be given to any other party hereto by a specific time, such
notice shall be effective only if actually received by such party prior to such
time, and if such notice is received after such time or on a day other than a
Business Day, such notice shall be effective only on the immediately succeeding
Business Day.

     If to GE Capital:

          General Electric Capital Corporation
          10 Riverview Drive
          Danbury, Connecticut 06810
          Attention: General Counsel
          Telephone: (203) 749-6000
          Facsimile: (203) 749-4598


                                        8                    Loan Sale Agreement

     If to GECITS:

          GE Capital Information
          44 Old Ridgebury Road
          Danbury, CT 06810
          Attention: Capital Markets Operations
          Telephone: (203) 796-5518
          Facsimile: (203) 796-5554

     If to VFS:

          VFS Financing, Inc
          44 Old Ridgebury Road
          Danbury, CT 06810
          Attention: Capital Markets Operations
          Telephone: (203) 796-5518
          Facsimile: (203) 796-5554

     If to Purchaser:

          CEF Equipment Holding, L.L.C.
          44 Old Ridgebury Road
          Danbury, CT 06810
          Attention: Capital Markets Operations
          Telephone: (203) 796-5518
          Facsimile: (203) 796-5554

     Section 6.2 No Waiver; Remedies. (a) Any party's failure, at any time or
times, to require strict performance by any other party hereto of any provision
of this Agreement shall not waive, affect or diminish any right of such party
thereafter to demand strict compliance and performance herewith. Any suspension
or waiver of any breach or default hereunder shall not suspend, waive or affect
any other breach or default whether the same is prior or subsequent thereto and
whether of the same or a different type. None of the undertakings, agreements,
warranties, covenants and representations of any party contained in this
Agreement, and no breach or default by any party hereunder, shall be deemed to
have been suspended or waived by any other party hereto unless such waiver or
suspension is by an instrument in writing signed by an officer of or other duly
authorized signatory of such party and directed to the defaulting party
specifying such suspension or waiver.

          (b) Upon discovery by any Seller or the Purchaser of any breach of any
     representation, warranty, undertaking or covenant described in Sections
     4.1, 4.2 or 4.3, which breach is reasonably likely to have a Material
     Adverse Effect, the party discovering the same shall give prompt written
     notice thereof to the other parties hereto. As liquidated damages, the
     Purchaser shall, on the Transfer Date relating to the Collection Period
     during which the breach is discovered, request the applicable Seller to,
     and such Seller shall pay to, or at the direction of, the Purchaser the
     Purchase Amount for the applicable CEF Assets (measured at the end of the
     Collection Period during which


                                        9                    Loan Sale Agreement

     such breach is discovered). Upon such payment, all rights, title and
     interest of the Purchaser in and to such CEF Assets will be deemed to be
     automatically released without the necessity of any further action by the
     Purchaser, the applicable Seller or any other party and such CEF Assets
     will become the property of such Seller.

          (c) Each party's rights and remedies under this Agreement shall be
     cumulative and nonexclusive of any other rights and remedies that such
     party may have under any other agreement, including the other Related
     Documents, by operation of law or otherwise.

     Section 6.3 Successors and Assigns. This Agreement shall be binding upon
and shall inure to the benefit of each Seller and the Purchaser and their
respective successors and permitted assigns, except as otherwise provided
herein. No Seller may assign, transfer, hypothecate or otherwise convey its
rights, benefits, obligations or duties hereunder without the prior express
written consent of the Purchaser. Any such purported assignment, transfer,
hypothecation or other conveyance by any Seller without the prior express
written consent of the Purchaser shall be void. Each Seller acknowledges that
under the Purchase and Sale Agreement the Purchaser will assign its rights
granted hereunder to the Issuer, and upon such assignment, the Issuer shall
have, to the extent of such assignment, all rights of the Purchaser hereunder
and the Issuer may in turn transfer such rights. The terms and provisions of
this Agreement are for the purpose of defining the relative rights and
obligations of each of the Sellers and the Purchaser with respect to the
transactions contemplated hereby and no Person shall be a third-party
beneficiary of any of the terms and provisions of this Agreement.

     Section 6.4 Termination; Survival of Obligations. (a) This Agreement shall
create and constitute the continuing obligations of the parties hereto in
accordance with its terms, and shall remain in full force and effect until the
earlier of (i) the Class C Maturity Date or (ii) the Redemption Date.

          (b) Except as otherwise expressly provided herein or in any other
     Related Document, no termination or cancellation (regardless of cause or
     procedure) of any commitment made by the Purchaser under this Agreement
     shall in any way affect or impair the obligations, duties and liabilities
     of any Seller or the rights of the Purchaser relating to any unpaid portion
     of any and all recourse and indemnity obligations of such Seller to the
     Purchaser, due or not due, liquidated, contingent or unliquidated or any
     transaction or event occurring prior to such termination, or any
     transaction or event, the performance of which is required after the Class
     C Maturity Date. Except as otherwise expressly provided herein or in any
     other Related Document, all undertakings, agreements, covenants, warranties
     and representations of or binding upon any Seller, and all rights of the
     Purchaser hereunder shall not terminate or expire, but rather shall survive
     any such termination or cancellation and shall continue in full force and
     effect until the earlier of (i) the Class C Maturity Date or (ii) the
     Redemption Date; provided, that the rights and remedies pursuant to Section
     6.2(b), the indemnification and payment provisions of Article V, and the
     provisions of Sections 4.3(c), 6.3 and 6.12 shall be continuing and shall
     survive any termination of this Agreement.

     Section 6.5 Complete Agreement; Modification of Agreement. This Agreement
constitutes the complete agreement between the parties with respect to the
subject matter hereof,


                                       10                    Loan Sale Agreement

supersedes all prior agreements and understandings relating to the subject
matter hereof and thereof, and may not be modified, altered or amended except as
set forth in Section 6.6.

     Section 6.6 Amendments and Waivers. No amendment, modification, termination
or waiver of any provision of this Agreement, or any consent to any departure
therefrom by any party hereto, shall in any event be effective unless the same
shall be in writing and signed by each of the parties hereto and their
respective permitted successors and assigns. No consent or demand in any case
shall, in itself, entitle any party to any other consent or further notice or
demand in similar or other circumstances.

     Section 6.7 GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL.
(a) THIS AGREEMENT AND THE OBLIGATIONS ARISING HEREUNDER SHALL IN ALL RESPECTS,
INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE, BE GOVERNED BY,
AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF
NEW YORK (WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS THEREOF EXCEPT
SECTION 5-1401 OF THE GENERAL OBLIGATION LAW) AND ANY APPLICABLE LAWS OF THE
UNITED STATES OF AMERICA.

          (b) EACH PARTY HERETO HEREBY CONSENTS AND AGREES THAT THE STATE OR
     FEDERAL COURTS LOCATED IN THE BOROUGH OF MANHATTAN IN NEW YORK CITY SHALL
     HAVE EXCLUSIVE JURISDICTION TO HEAR AND DETERMINE ANY CLAIMS OR DISPUTES
     BETWEEN THEM PERTAINING TO THIS AGREEMENT OR TO ANY MATTER ARISING OUT OF
     OR RELATING TO THIS AGREEMENT; PROVIDED, THAT EACH PARTY HERETO
     ACKNOWLEDGES THAT ANY APPEALS FROM THOSE COURTS MAY HAVE TO BE HEARD BY A
     COURT LOCATED OUTSIDE OF THE BOROUGH OF MANHATTAN IN NEW YORK CITY;
     PROVIDED FURTHER, THAT NOTHING IN THIS AGREEMENT SHALL BE DEEMED OR OPERATE
     TO PRECLUDE THE PURCHASER FROM BRINGING SUIT OR TAKING OTHER LEGAL ACTION
     IN ANY OTHER JURISDICTION TO REALIZE ON THE CEF ASSETS OR ANY SECURITY FOR
     THE OBLIGATIONS OF ANY SELLER ARISING HEREUNDER OR TO ENFORCE A JUDGMENT OR
     OTHER COURT ORDER IN FAVOR OF THE PURCHASER. EACH PARTY HERETO SUBMITS AND
     CONSENTS IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR SUIT COMMENCED IN
     ANY SUCH COURT, AND EACH PARTY HERETO HEREBY WAIVES ANY OBJECTION THAT SUCH
     PARTY MAY HAVE BASED UPON LACK OF PERSONAL JURISDICTION, IMPROPER VENUE OR
     FORUM NON CONVENIENS AND HEREBY CONSENTS TO THE GRANTING OF SUCH LEGAL OR
     EQUITABLE RELIEF AS IS DEEMED APPROPRIATE BY SUCH COURT. EACH PARTY HERETO
     HEREBY WAIVES PERSONAL SERVICE OF THE SUMMONS, COMPLAINT AND OTHER PROCESS
     ISSUED IN ANY SUCH ACTION OR SUIT AND AGREES THAT SERVICE OF SUCH SUMMONS,
     COMPLAINT AND OTHER PROCESS MAY BE MADE BY REGISTERED OR CERTIFIED MAIL
     ADDRESSED TO SUCH PARTY AT ITS


                                       11                    Loan Sale Agreement

     ADDRESS DETERMINED IN ACCORDANCE WITH SECTION 6.1 AND THAT SERVICE SO MADE
     SHALL BE DEEMED COMPLETED UPON THE EARLIER OF SUCH PARTY'S ACTUAL RECEIPT
     THEREOF OR THREE DAYS AFTER DEPOSIT IN THE UNITED STATES MAIL, PROPER
     POSTAGE PREPAID. NOTHING IN THIS SECTION SHALL AFFECT THE RIGHT OF ANY
     PARTY HERETO TO SERVE LEGAL PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

          (c) BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL
     TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED
     AND EXPERT PERSON AND THE PARTIES WISH APPLICABLE STATE AND FEDERAL LAWS TO
     APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR
     DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE,
     TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND
     OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY
     ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER
     SOUNDING IN CONTRACT, TORT OR OTHERWISE, ARISING OUT OF, CONNECTED WITH,
     RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN
     CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

     Section 6.8 Counterparts. This Agreement may be executed in any number of
separate counterparts, each of which shall collectively and separately
constitute one agreement.

     Section 6.9 Severability. Wherever possible, each provision of this
Agreement shall be interpreted in such a manner as to be effective and valid
under applicable law, but if any provision of this Agreement shall be prohibited
by or invalid under applicable law, such provision shall be ineffective only to
the extent of such prohibition or invalidity without invalidating the remainder
of such provision or the remaining provisions of this Agreement.

     Section 6.10 Section Titles. The section titles and table of contents
contained in this Agreement are provided for ease of reference only and shall be
without substantive meaning or content of any kind whatsoever and are not a part
of the agreement between the parties hereto.

     Section 6.11 No Setoff. No Seller's obligations under this Agreement shall
be affected by any right of setoff, counterclaim, recoupment, defense or other
right such Seller might have against the Purchaser, all of which rights are
hereby expressly waived by such Seller.

     Section 6.12 Confidentiality. Notwithstanding anything herein to the
contrary, there is no restriction (express or implied) on any disclosure or
dissemination of the structure or tax aspects of the transaction contemplated by
the Related Documents. Furthermore, each party hereto acknowledges that it has
no proprietary rights to any tax matter or tax idea contemplated hereby or to
any element of the transaction structure contemplated hereby.


                                       12                    Loan Sale Agreement

     Section 6.13 Further Assurances. (a) Each Seller shall, at its sole cost
and expense, upon request of the Purchaser, promptly and duly authorize, execute
and/or deliver, as applicable, any and all further instruments and documents and
take such further actions that may be necessary or desirable or that the
Purchaser may request to carry out more effectively the provisions and purposes
of this Agreement or to obtain the full benefits of this Agreement and of the
rights and powers herein granted, including authorizing and filing any financing
or continuation statements under the UCC with respect to the ownership interests
or Liens granted hereunder. Each Seller hereby authorizes the Purchaser to file
any such financing or continuation statements without the signature of such
Seller to the extent permitted by applicable law. A carbon, photographic or
other reproduction of this Agreement or of any notice or financing statement
covering the CEF Assets or any part thereof shall be sufficient as a notice or
financing statement where permitted by law. If any amount payable under or in
connection with any of the CEF Assets is or shall become evidenced by any
instrument, such instrument, other than checks and notes received in the
ordinary course of business, shall be duly endorsed in a manner satisfactory to
the Purchaser immediately upon such Seller's receipt thereof and promptly
delivered to or at the direction of the Purchaser.

     (b) If any Seller fails to perform any agreement or obligation under this
Section 6.13, the Purchaser may (but shall not be required to) itself perform,
or cause performance of, such agreement or obligation, and the reasonable
expenses of the Purchaser incurred in connection therewith shall be payable by
such Seller upon demand of the Purchaser.

     Section 6.14 Accounting Changes. If any Accounting Changes occur and such
changes result in a change in the standards or terms used herein, then the
parties hereto agree to enter into negotiations in order to amend such
provisions so as to equitably reflect such Accounting Changes with the desired
result that the criteria for evaluating the financial condition of such Persons
and their Subsidiaries shall be the same after such Accounting Changes as if
such Accounting Changes had not been made. If the parties hereto agree upon the
required amendments to this Agreement, then after appropriate amendments have
been executed and the underlying Accounting Change with respect thereto has been
implemented, any reference to GAAP contained herein shall, only to the extent of
such Accounting Change, refer to GAAP consistently applied after giving effect
to the implementation of such Accounting Change. If such parties cannot agree
upon the required amendments within 30 days following the date of implementation
of any Accounting Change, then all financial statements delivered and all
standards and terms used herein shall be prepared, delivered and used without
regard to the underlying Accounting Change.

                               [Signatures Follow]


                                       13                    Loan Sale Agreement

     IN WITNESS WHEREOF, the parties have caused this LOAN SALE AGREEMENT to be
executed by their respective duly authorized representatives, as of the date
first above written.

                                        CEF EQUIPMENT HOLDING, L.L.C.


                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:


                                        GENERAL ELECTRIC CAPITAL CORPORATION


                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:


                                        GE CAPITAL INFORMATION TECHNOLOGY
                                        SOLUTIONS, INC.


                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:


                                        VFS FINANCING, INC.


                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:


                                                             Loan Sale Agreement

                                                                 Schedule 4.1(b)

                                 UCC INFORMATION

General Electric Capital Corporation

True Legal Name:                        General Electric Capital Corporation

Jurisdiction of Organization:           Delaware

Executive Offices/Principal Place of    44 Old Ridgebury Road
Business:                               Danbury, Connecticut 06810

Collateral Locations:                   Danbury, Connecticut
                                        El Paso, Texas
                                        Mexico

Trade Names:                            GE Capital

FEIN:                                   13-1500700

Organizational Identification Number:   3174543

GE Capital Information Technology
Solutions, Inc.

True Legal Name:                        GE Capital Information Technology
                                        Solutions, Inc.

Jurisdiction of Organization:           California

Executive Offices/Principal Place of    44 Old Ridgebury Road
Business:                               Danbury, Connecticut 06810

Collateral Locations:                   Danbury, Connecticut
                                        El Paso, Texas
                                        Mexico

Trade Names:                            GE Capital

FEIN:                                   94-1686094

Organizational Identification Number:   C0561216


                                                             Loan Sale Agreement

VFS Financing, Inc.

True Legal Name:                        VFS Financing, Inc.

Jurisdiction of Organization:           Delaware

Executive Offices/Principal Place of    44 Old Ridgebury Road
Business:                               Danbury, Connecticut 06810

Collateral Locations:                   Danbury, Connecticut
                                        El Paso, Texas
                                        Mexico

Trade Names:                            GE Capital

FEIN:                                   06-1576442

Organizational Identification Number:   3160751


                                 Schedule 4.1(b)
                                        2                    Loan Sale Agreement

                                                                      Schedule I

                             SCHEDULE OF GECC LOANS

                                [attached hereto]


                                                             Loan Sale Agreement

                                      GECC
                                  Page 1 of 39


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                                                             Loan Sale Agreement

                                      GECC
                                  Page 2 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 3 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 4 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 5 of 39


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                                      GECC
                                  Page 6 of 39


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                                      GECC
                                  Page 7 of 39


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                                      GECC
                                  Page 8 of 39


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                                      GECC
                                  Page 9 of 39


4428580001
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                                      GECC
                                  Page 10 of 39


4436428001
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                                      GECC
                                  Page 11 of 39


4443825001
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                                      GECC
                                  Page 12 of 39


4452231001
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                                      GECC
                                  Page 13 of 39


4459791001
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                                  Page 14 of 39


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                                      GECC
                                  Page 15 of 39


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                                      GECC
                                  Page 16 of 39


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                                      GECC
                                  Page 17 of 39


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                                      GECC
                                  Page 18 of 39


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                                      GECC
                                  Page 19 of 39


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                                      GECC
                                  Page 20 of 39


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                                      GECC
                                  Page 21 of 39


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                                      GECC
                                  Page 22 of 39


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                                      GECC
                                  Page 23 of 39


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                                      GECC
                                  Page 24 of 39


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                                      GECC
                                  Page 25 of 39


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                                      GECC
                                  Page 26 of 39


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                                      GECC
                                  Page 27 of 39


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                                      GECC
                                  Page 28 of 39


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                                      GECC
                                  Page 29 of 39


4202952001
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                                      GECC
                                  Page 30 of 39


4205616001
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                                      GECC
                                  Page 31 of 39


5850618001
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                                      GECC
                                  Page 32 of 39


5853303001
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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 33 of 39


5855338001
5855350001
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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 34 of 39


5857141001
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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 35 of 39


5859519001
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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 36 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 37 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 38 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                      GECC
                                  Page 39 of 39


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                                       Loan Schedule GECC to Loan Sale Agreement

                                                                     Schedule II

                            SCHEDULE OF GECITS LOANS

                                [attached hereto]


                                                             Loan Sale Agreement

                                     GECITS
                                   Page 1 of 19


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                                                         Loan Schedule GECITS to
                                                             Loan Sale Agreement

                                     GECITS
                                   Page 2 of 19


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                                                         Loan Schedule GECITS to
                                                             Loan Sale Agreement

                                     GECITS
                                   Page 3 of 19


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                                                         Loan Schedule GECITS to
                                                             Loan Sale Agreement

                                     GECITS
                                  Page 19 of 19


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9582033005


                                                            Loan Schedule GECITS
                                                          to Loan Sale Agreement

                                                                    Schedule III

                              SCHEDULE OF VFS LOANS

                                [attached hereto]


                                                             Loan Sale Agreement

                               VFS FINANCING, INC.
                                   Page 1 of 1


4081797002
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8318710001
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8328073001

                                                               Loan Schedule VFS
                                                          to Loan Sale Agreement

                                                                  EXHIBIT 4.2(f)

                          SEPARATE IDENTITY PROVISIONS

     The Purchaser, GECS and the Sellers have and will continue (in each case,
to the extent within its control) to maintain the Purchaser's separate existence
and identity and have and will continue to take all steps necessary to make it
apparent to third parties that the Purchaser is an entity with assets and
liabilities distinct from those of the Sellers or GECS or any other Subsidiary
or Affiliate of any Seller or GECS. In addition to the foregoing, such steps and
indicia of the Purchaser's separate identity include the following:

     (a) The Purchaser does and will maintain its own stationery and other
business forms separate from those of any other Person (including any of the
Sellers and GECS), and will conduct business in its own name except that certain
Persons may act on behalf of the Purchaser as agents;

     (b) The Purchaser maintains and will maintain separate office space of its
own as part of its operations, although such space is in a building shared with
GE Capital. The corporate records, the other books and records, and the other
assets of the Purchaser are and will be segregated from the property each of the
Sellers and GECS, respectively;

     (c) Each of the Sellers, to the extent applicable, will issue consolidated
financial statements, which financial statements will not show CEF Assets that
have been sold by such Seller to the Purchaser as assets of such Seller and its
consolidated subsidiaries. Each of the Sellers, GECS and the Purchaser will take
certain actions to disclose publicly the Purchaser's separate existence and the
transactions contemplated hereby, including through the filing of the UCC
Financing Statements. None of the Sellers, GECS or the Purchaser has concealed
or will conceal from any interested party any transfers contemplated by the
Related Documents;

     (d) The Purchaser will not have its own employees, and, as indicated, the
Purchaser's business relating to the CEF Assets may be conducted through agents.
However, any allocations of direct, indirect or overhead expenses for items
shared between the Purchaser, GE Capital, GECITS, VFS or GECS that are not
included as part of the Servicing Fee are and will be made among such entities
to the extent practical on the basis of actual use or value of services rendered
and otherwise on a basis reasonably related to actual use or the value of
services rendered;

     (e) Except as provided in paragraph (d) above regarding the allocation of
certain shared overhead items, the Purchaser does and will pay its own operating
expenses and liabilities from its own funds, except GECS did and will pay all
expenses of the Purchaser incurred in connection with the transactions entered
into pursuant to the Related Documents, including those related to the
Purchaser's organization;

     (f) Each of the Sellers, GECS and the Purchaser does and will maintain its
assets and liabilities in such a manner that it is not costly or difficult to
segregate, ascertain or otherwise identify the Purchaser's individual assets and
liabilities from those of the Sellers or GECS or from those of any other Person
or entity, including any other subsidiary or affiliate of the Sellers or GECS.
Except as set forth below, the Purchaser does and will maintain its own books of
account and corporate records separate from each of the Sellers and GECS or any
other

                                                             Loan Sale Agreement

Subsidiary or Affiliate of each of the Sellers and GECS. Monetary transactions,
including those with each other, are and will continue to be properly reflected
in their respective financial records. The Purchaser does not and will not
commingle or pool its funds or other assets or liabilities with those of any
Seller or GECS or any other Subsidiary or Affiliate of the Sellers or GECS
except as specifically provided in the Related Documents with respect to the
temporary commingling of Collections and with respect to, if applicable, any
such Person's retention, in their capacity as agent or Custodian for the
Purchaser, of the books and records pertaining to the CEF Assets. However, any
such agent or Custodian will not generally make the books and records relating
to the CEF Assets available to any of creditors or other interested persons of
the Purchaser, the Sellers or GECS. The Purchaser does not and will not maintain
joint bank accounts or other depository accounts to which any Seller or GECS or
any other Subsidiary or Affiliate of the Sellers or GECS (other than in their
capacity as agent for the Purchaser, if applicable) has independent access;

     (g) The Purchaser will strictly observe corporate formalities, and the
Sellers and GECS will strictly observe corporate formalities with respect to its
dealings with the Purchaser. Specifically, no transfer of assets between any of
the Sellers and GECS, on the one hand, and the Purchaser, on the other, will be
made without adherence to corporate formalities;

     (h) The transactions among the Purchaser and the Sellers or GECS,
including, in the case of GE Capital, the terms governing any servicer advances
and the amount and payment of the servicing fee, are on terms and conditions
that are consistent with those of arm's-length relationships. None of the
Sellers or GECS is or will be, or holds or will hold itself out to be,
responsible for the debts of the Purchaser, except as provided in the
representations made by the Sellers (including, if applicable, as a servicer or
a sub-servicer) to the Purchaser relating to the CEF Assets and their prior
ownership and servicing thereof. The Purchaser will not guaranty the debts of
any Seller or GECS;

     (i) All distributions made by the Purchaser to GECS as its sole member
shall be in accordance with applicable law;

     (j) Any other transactions between the Purchaser and any Seller or GECS
permitted by (although not expressly provided for in) the Related Documents have
been and will be fair and equitable to each of the parties, have been and will
be the type of transaction that would be entered into by a prudent Person or
entity, and have been and will be on terms that are at least as favorable as may
be obtained from a third party Person; and

     (k) The Purchaser is not named, or has entered into any agreement to be
named, directly or indirectly, as a direct or contingent beneficiary or loss
payee on any insurance policy covering the assets of any Seller or GECS.

                                   * * * * * *


                                 Exhibit 4.2(f)
                                        2                    Loan Sale Agreement

                                     ANNEX A

                                       to

                               LOAN SALE AGREEMENT

                                   dated as of

                                November 20, 2007


                                                                      Annex A to
                                                             Loan Sale Agreement

                         DEFINITIONS AND INTERPRETATION

     SECTION 1. Definitions and Conventions. Capitalized terms used in the Sale
Agreement shall have (unless otherwise provided elsewhere therein) the following
respective meanings:

     "Accounting Changes" means, with respect to any Person, an adoption of GAAP
different from such principles previously used for reporting purposes by such
Person as defined in the Accounting Principles Board Opinion Number 20.

     "Administration Agreement" means the Administration Agreement, dated as of
November 20, 2007, between the Administrator and the Issuer.

     "Administrator" means General Electric Capital Corporation, a Delaware
corporation, in its capacity as Administrator under the Administration
Agreement, or any other Person designated as a successor administrator.

     "Adverse Claim" means any claim of ownership or any Lien, other than any
ownership interest or Lien created under the Sale Agreement or the Purchase and
Sale Agreement, any Lien created under the Indenture or any Permitted
Encumbrances.

     "Affiliate" means, with respect to any Person, (a) each Person that,
directly or indirectly, owns or controls, whether beneficially, or as a trustee,
guardian or other fiduciary, five percent (5%) or more of the stock having
ordinary voting power in the election of directors of such Person, (b) each
Person that controls, is controlled by, or is under common control with such
Person, or (c) each of such Person's officers, directors, joint venturers and
partners. For the purposes of this definition, "control" of a Person means the
possession, directly or indirectly, of the power to direct or cause the
direction of its management or policies, whether through the ownership of voting
securities, by contract or otherwise.

     "Annual Percentage Rate" or "APR" of a Loan means, the interest rate or
annual rate of finance charges stated in or, if not explicitly stated, the
implicit finance charge used by the Servicer to calculate periodic payments with
respect to the related Loan.

     "Appendices" means, with respect to any Related Document, all exhibits,
schedules, annexes and other attachments thereto, or expressly identified
thereto.

     "Bankruptcy Code" means the provisions of Title 11 of the United States
Code, 11 U.S.C. Sections 101 et seq. as amended from time to time.

     "Business Day" means any day that is not a Saturday, a Sunday or a day on
which banks are required or permitted to be closed in the State of New York or
the State of Connecticut.

     "CEF Assets" is defined in Section 2.1(a) of the Sale Agreement.

     "CEF Cash Purchase Price" means, with respect to the sale of CEF Assets
sold and transferred by any Seller on the Closing Date, the portion of the sale
price therefor determined by


                                                                      Annex A to
                                                             Loan Sale Agreement

the applicable Seller and the Purchaser pursuant to Section 2.3(a) of the Sale
Agreement to be paid in cash.

     "CEF Limited Liability Company Agreement" means the Second Amended and
Restated Limited Liability Company Agreement of the Purchaser dated as of
September 25, 2003, as the same may be amended and supplemented from time to
time.

     "Class C Maturity Date" is defined in the Indenture.

     "Closing Date" means November 20, 2007.

     "Collection Period" means, with respect to any Payment Date, the calendar
month preceding the month in which the Payment Date occurs (or, if for the first
Payment Date, the period from and including the day after the Cut-off Date to
and including the last day of the calendar month preceding the calendar month in
which the first Payment Date occurs).

     "Collections" means, with respect to any Payment Date all payments made by
or on behalf of the Obligors received during the related Collection Period, any
Recoveries received during the related Collection Period, any proceeds from
insurance policies covering the Equipment or related Obligor received during the
related Collection Period, Liquidation Proceeds received during the related
Collection Period, and payments made by a lessee pursuant to its obligation (if
any) to pay the Termination Value pursuant to the related Loan received during
the related Collection Period; provided, that "Collections" for the first
Collection Period shall exclude interest accrued before November 1, 2007.

     "Consumer Contract" means a contract entered into by an Obligor in
connection with a transaction in which the Obligor incurs the related
indebtedness primarily for personal, family, or household purposes.

     "Credit and Collection Policies" or "Credit and Collection Policy" means
the policies, practices and procedures adopted by the Issuer on the Closing Date
for providing equipment loans secured by transportation equipment, industrial
equipment, construction equipment, furniture and fixtures, technology and
telecommunications equipment, printing presses, maritime assets or other
equipment, including the policies and procedures for determining the
creditworthiness of Obligors and the extension of credit to Obligors, or
relating to the maintenance of such types of loans and collections on such types
of loans.

     "Cut-off Date" means September 29, 2007.

     "Dollars" or "$" means lawful currency of the United States of America.

     "Eligible Loan" means as to each CEF Asset as of the Closing Date:

          (i) Characteristics of CEF Assets. Each CEF Asset: (A) was either
     originated in the United States of America by GE Capital, GECITS or VFS, as
     applicable in connection with the financing or lease of Equipment in the
     ordinary course of business of GE Capital, GECITS or VFS, as applicable or
     acquired by GE Capital, GECITS or VFS, as applicable in the ordinary course
     of its business, and, in each case, was fully and


                                        2                             Annex A to
                                                             Loan Sale Agreement

     properly executed by the parties thereto, (B) has created a valid,
     subsisting and enforceable first priority security interest (except to the
     extent the Equipment secures any loan that is cross-collateralized with
     such CEF Asset) in the Equipment in favor of GE Capital, GECITS or VFS, as
     applicable, that, as of the Closing Date, has been assigned by GE Capital,
     GECITS or VFS, as applicable, to Purchaser, and (C) contains customary and
     enforceable provisions such that the rights and remedies of the holder
     thereof are adequate for realization against the collateral of the benefits
     of the security.

          (ii) Schedules of CEF Assets. The information set forth on Schedule I,
     Schedule II and Schedule III of the Loan Sale Agreement is true and correct
     in all material respects as of the opening of business on the Cut-off Date
     and no selection procedures believed by the applicable Seller to be adverse
     to the interests of the Purchaser were utilized in selecting the CEF
     Assets. The computer tape regarding the CEF Assets made available to
     Purchaser and its assigns is true and correct in all respects.

          (iii) Compliance with Law. Each CEF Asset and the sale or lease of the
     related Equipment complied in all material respects at the time it was
     originated or made and at the execution of this Agreement with all
     requirements of applicable Federal, State and local laws and regulations
     thereunder.

          (iv) Binding Obligation. Each CEF Asset represents the genuine, legal,
     valid and binding payment obligation in writing of the Obligor, enforceable
     by the holder thereof in accordance with its terms.

          (v) No Government Obligor. None of the CEF Assets is due from the
     United States of America or any State or from any agency, department or
     instrumentality of the United States of America or any State.

          (vi) Security Interest in the Equipment. Immediately prior to the
     sale, assignment and transfer thereof, each CEF Asset shall be secured by a
     validly perfected first priority security interest (as defined in Section
     1-201(37) of the UCC) in the Equipment (except to the extent the Equipment
     secures any loan that is cross-collateralized with such CEF Asset) in favor
     of the applicable Seller as secured party or all necessary and appropriate
     actions have been commenced that would result in the valid perfection of a
     first priority security interest in the Equipment in favor of such Seller
     as secured party.

          (vii) CEF Assets in Force. No CEF Asset has been satisfied,
     subordinated or rescinded, nor has any Equipment been released from the
     Lien granted by the related CEF Asset in whole or in part.

          (viii) No Amendment or Waiver. No provision of a CEF Asset has been
     waived, altered or modified in any respect, except pursuant to a document,
     instrument or writing included in the Loan Files and no such amendment,
     waiver, alteration or modification causes such CEF Asset not to be an
     Eligible Loan.

          (ix) No Defenses. No right of rescission, setoff, counterclaim or
     defense has been asserted or threatened or exists with respect to any CEF
     Asset.


                                        3                             Annex A to
                                                             Loan Sale Agreement

          (x) Lawful Assignment. No CEF Asset has been originated in, or is
     subject to the laws of, any jurisdiction under which the sale, transfer and
     assignment of such CEF Asset or any CEF Asset under the Loan Sale Agreement
     would be unlawful.

          (xi) All Filings Made. All filings (including UCC filings) necessary
     in any jurisdiction to give Purchaser a first priority perfected ownership
     interest in the CEF Asset have been made (except to the extent the
     Equipment secures any loan that is cross-collateralized with such CEF
     Asset).

          (xii) One Original. There is only one original executed copy of each
     CEF Asset.

          (xiii) Insurance. The Obligor on each CEF Asset is required to
     maintain physical damage insurance covering the Equipment in accordance
     with GE Capital's normal requirements.

          (xiv) No Bankruptcies. No Obligor on any CEF Asset as of the Cut-off
     Date was noted in the related Loan File as being the subject of a
     bankruptcy proceeding.

          (xv) No Repossessions. None of the Equipment securing any CEF Asset is
     in repossession status.

          (xvi) Instrument or Chattel Paper. Each CEF Asset constitutes an
     "instrument" or "chattel paper" as defined in the UCC of each State the law
     of which governs the perfection of the interest granted in it and/or the
     priority of such perfected interest.

          (xvii) U.S. Obligors. None of the CEF Assets is denominated and
     payable in any currency other than United States Dollars or is due from any
     Person that does not have a mailing address in the United States of
     America.

          (xviii) No Delinquent Loan. None of the CEF Assets is more than 30
     days past due.

          (xix) No Consumer Contract. None of the CEF Assets constitutes a
     Consumer Contract.

          (xx) Finance Lease. With respect to each CEF Asset that is in form a
     lease rather than a secured loan, the terms of such CEF Asset provides that
     it is non-cancelable and that, by the end of the lease term, the lessee may
     elect to purchase the related Equipment upon the exercise of a nominal
     purchase option that satisfies Section 1-201(37)(a)(iv) of the UCC.

     "Equipment" means any transportation equipment, industrial equipment,
construction equipment, furniture and fixtures, technology and
telecommunications equipment, printing presses, maritime assets or other
equipment, together with all accessions thereto securing an Obligor's
indebtedness under the respective Loan.

     "Event of Default" is defined in Section 5.1 of the Indenture.


                                        4                             Annex A to
                                                             Loan Sale Agreement

     "Federal Reserve Board" means the Board of Governors of the Federal Reserve
System.

     "GAAP" means generally accepted accounting principles in the United States
of America as in effect on the Closing Date, modified by Accounting Changes as
GAAP is further defined in Section 2(a) of this Annex A.

     "GE Capital" is defined in the preamble of the Sale Agreement.

     "GECITS" is defined in the Preamble of the Sale Agreement.

     "GECS" means General Electric Capital Services, Inc., a Delaware
corporation or any successors or assigns thereto.

     "Governmental Authority" means any nation or government, any state, county,
city, town, district, board, bureau, office, commission, any other municipality
or other political subdivision thereof (including any educational facility,
utility or other Person operated thereby), and any agency, department or other
entity exercising executive, legislative, judicial, regulatory or administrative
functions of or pertaining to government.

     "Indemnified Amounts" means, with respect to any Person, any and all suits,
actions, proceedings, claims, damages, losses, liabilities and expenses
(including reasonable attorneys' fees and disbursements and other costs of
investigation or defense, including those incurred upon any appeal).

     "Indenture" means the Indenture, dated November 20, 2007, between the
Issuer and the Indenture Trustee, as the same may be amended and supplemented
from time to time.

     "Indenture Trustee" means The Bank of New York, not in its individual
capacity but solely as Indenture Trustee under the Indenture, or any successor
Indenture Trustee under the Indenture.

     "Investment Company Act" means the provisions of the Investment Company Act
of 1940, 15 U.S.C. Sections 80a et seq., and any regulations promulgated
thereunder.

     "Issuer" means GE Equipment Midticket LLC, Series 2007-1, a Delaware
limited liability company, until a successor replaces it and, thereafter, means
the successor and, for purposes of any provision contained in the Indenture and
required by the Trust Indenture Act of 1939, each other obligor on the Notes.

     "Issuer Limited Liability Company Agreement" means the Limited Liability
Company Agreement of the Issuer, dated as of November 20, 2007, among the
Managing Member and the Issuer, as the same may be amended or supplemented from
time to time.

     "Lien" means a security interest (as such term is defined in Section 1-201
of Article 1 of the UCC), lien, charge, pledge, equity or encumbrance of any
kind, other than tax liens, mechanics' liens and any liens that attach to the
related Loan by operation of law as a result of any act or omission by the
related Obligor.


                                        5                             Annex A to
                                                             Loan Sale Agreement

     "Liquidated Loan" means any Loan (i) liquidated through the sale or other
disposition of all or a portion of the related Equipment or (ii) that has been
charged off in accordance with the Credit and Collection Policy without
realizing upon the Equipment.

     "Liquidation Proceeds" means, with respect to any Liquidated Loan, the
amounts collected in respect thereof from whatever source (including the
proceeds of insurance policies with respect to the related Equipment or Obligor)
during the Collection Period in which it became a Liquidated Loan, net of the
sum of any amounts expended in connection with such liquidation and any amounts
required by law to be remitted to the Obligor on such Liquidated Loan or any
creditor of such Obligor to the extent required by applicable law or agreement.

     "Litigation" means, with respect to any Person, any action, claim, lawsuit,
demand, investigation or proceeding pending or threatened against such Person
before any court, board, commission, agency or instrumentality of any federal,
state, local or foreign government or of any agency or subdivision thereof or
before any arbitrator or panel of arbitrators.

     "Loan" means any Loan included in Schedules of Loans and any agreement
(including any invoice) pursuant to, or under which, an Obligor shall be
obligated to make payments with respect to any Loan.

     "Loan Files" is defined in Section 2.1 of the Sale Agreement.

     "Loan Value" is defined in the Purchase and Sale Agreement.

     "Managing Member" means CEF Equipment Holding, L.L.C., a Delaware limited
liability company or any successor Managing Member under the Issuer Limited
Liability Company Agreement.

     "Material Adverse Effect" means, with respect to any Person, a material
adverse effect on (a) the business, assets, liabilities, operations, prospects
or financial or other condition of such Person, (b) the ability of such Person
to perform any of its obligations under the Related Documents in accordance with
the terms thereof, (c) the validity or enforceability of any Related Document or
the rights and remedies of such Person under any Related Document or (d) the
Loans, as applicable, therefor, any interest related thereto or the ownership
interests or Liens of such Person thereon or the priority of such interests or
Liens.

     "Notes" means the notes issued under the Indenture.

     "Obligor" means, as to each Loan, any Person who owes payments under the
Loan.

     "Payment Date" means, with respect to each Collection Period, the 14th day
of the calendar month following the end of that Collection Period, or, if such
day is not a Business Day, the next Business Day, commencing on December 14,
2007.

     "Permitted Encumbrances" means the following encumbrances: (a) Liens for
taxes or assessments or other governmental charges not yet due and payable; (b)
pledges or deposits securing obligations under workmen's compensation,
unemployment insurance, social security or public liability laws or similar
legislation; (c) pledges or deposits securing bids, tenders,


                                        6                             Annex A to
                                                             Loan Sale Agreement

contracts (other than contracts for the payment of money) or leases to which a
Seller or any Affiliate thereof is a party as lessee made in the ordinary course
of business; (d) deposits securing statutory obligations of a Seller or any
Affiliate thereof; (e) inchoate and unperfected workers', mechanics', suppliers'
or similar Liens arising in the ordinary course of business; (f) carriers',
warehousemen's or other similar possessory Liens arising in the ordinary course
of business and securing liabilities in an outstanding aggregate amount not in
excess of $100,000 at any one time; (g) deposits securing, or in lieu of,
surety, appeal or customs bonds in proceedings to which a Seller or any
Affiliate thereof is a party; (h) any attachment or judgment Lien not
constituting an Event of Default; (i) presently existing or hereinafter created
Liens in favor of the Purchaser, the Issuer or the Indenture Trustee; and (j)
presently existing or hereinafter created Liens on personal property or
Equipment which are subordinate to or pari passu with the Liens in favor of the
Purchaser, the Issuer or the Indenture Trustee.

     "Person" means any individual, sole proprietorship, partnership, joint
venture, unincorporated organization, trust, association, corporation (including
a business trust), limited liability company, institution, public benefit
corporation, joint stock company, or government or any agency or political
subdivision thereof, or any other entity of whatever nature.

     "Precomputed Loan" means any Loan under which the portion of a payment
allocable to earned interest (which may be referred to in the related Loan as an
add-on finance charge) and the portion allocable to principal are determined
according to the sum of periodic balances, the sum of monthly payments or any
equivalent method or are monthly actuarial loans.

     "Purchase Amount" means, as of the close of business on the last day of a
Collection Period, an amount equal to the Loan Value of the applicable Loan, as
of the first day of the immediately following Collection Period (or, with
respect to any applicable Loan that is a Liquidated Loan, as of the day
immediately prior to such Loan becoming a Liquidated Loan less any Liquidation
Proceeds actually received by the Issuer) plus interest accrued and unpaid
thereon as of such last day at a rate per annum equal to the APR for such Loan.

     "Purchase and Sale Agreement" means the Loan Purchase and Sale Agreement
dated as of November 20, 2007, by and between the Transferor and the Issuer as
the same may be amended from time to time.

     "Purchaser" is defined in the preamble to the Sale Agreement.

     "Purchaser Indemnified Person" is defined in Section 5.1 of the Sale
Agreement.

     "Records" means all notes, leases, security agreements and other documents,
books, records and other information (including computer programs, tapes, disks,
data processing software and related property and rights) prepared and
maintained by any Seller, the Servicer, any Sub-Servicer or the Issuer with
respect to the Loans and the Obligors thereunder, and the other CEF Assets.

     "Recoveries" means, with respect to any Liquidated Loan, monies collected
in respect thereof, from whatever source (other than from the sale or other
disposition of the Equipment), in any Collection Period after such Loan became a
Liquidated Loan.


                                        7                             Annex A to
                                                             Loan Sale Agreement

     "Redemption Date" is defined in the Indenture.

     "Related Documents" means the Sale Agreement, the Purchase and Sale
Agreement, the Servicing Agreement, the Issuer Limited Liability Company
Agreement, the CEF Limited Liability Company Agreement, the Administration
Agreement, the Indenture, the Swap Agreement, and all other agreements,
instruments, and documents and including all other pledges, powers of attorney,
consents, assignments, contracts, notices, and all other written matter whether
heretofore, now or hereafter executed by or on behalf of any Person, or any
employee of any Person, and delivered in connection with any of the foregoing.
Any reference in the foregoing documents to a Related Document shall include all
Appendices thereto, and all amendments, restatements, supplements or other
modifications thereto, and shall refer to such Related Document as the same may
be in effect at any and all times such reference becomes operative.

     "Related Security" means with respect to any Loan: (a) any interest
(including security interests), if any, in the related Equipment; (b) all
guarantees, insurance or other agreements or arrangements of any kind from time
to time supporting or securing payment of such Loan (including rights (if any)
to receive proceeds on insurance policies covering the Obligors); and (c) all
Records relating to such Loan.

     "Sale Agreement" means the Loan Sale Agreement, dated November 20, 2007,
among GE Capital, GECITS, VFS, and the Purchaser, as the same may be amended or
supplemented from time to time.

     "Scheduled Payment" on a Loan means that portion of the payment required to
be made by the Obligor during any Collection Period sufficient to amortize the
principal balance under (x) in the case of a Precomputed Loan, the actuarial
method or (y) in the case of a Simple Interest Loan, the simple interest method,
in each case, over the term of the Loan and to provide interest at the APR,
provided that Termination Values shall also constitute Scheduled Payments.

     "Schedules of Loans" means the schedules of Loans attached as Schedule I,
Schedule II and Schedule III to the Sale Agreement (which schedules may be in
the form of microfiche).

     "Securities Act" means the provisions of the Securities Act of 1933, 15
U.S.C. Sections 77a et seq., and any regulations promulgated thereunder.

     "Securities Exchange Act" means the provisions of the Securities Exchange
Act of 1934, 15 U.S.C. Sections 78a et seq., and any regulations promulgated
thereunder.

     "Seller" means GE Capital, GECITS and VFS, each in its capacity as a seller
hereunder, and their respective successors and assigns.

     "Servicer" means General Electric Capital Corporation in its capacity as
Servicer under the Servicing Agreement, or any other Person designated as a
Successor Servicer under such agreement.


                                        8                             Annex A to
                                                             Loan Sale Agreement

     "Servicing Agreement" means the Servicing Agreement dated as of November
20, 2007, by and between the Issuer and the Servicer, as the same may be amended
or supplemented from time to time.

     "Servicing Fee" is defined in the Servicing Agreement.

     "Simple Interest Loan" means any Loan under which the portion of a payment
allocable to interest and the portion allocable to principal is determined by
allocating a fixed level payment between principal and interest, such that such
payment is allocated first to the accrued and unpaid interest at the Annual
Percentage Rate for such Loan on the unpaid principal balance and the remainder
of such payment is allocable to principal.

     "Solvent" means, with respect to any Person on a particular date, that on
such date (a) the fair value of the property of such Person is greater than the
total amount of liabilities, including contingent liabilities, of such Person;
(b) the present fair salable value of the assets of such Person is not less than
the amount that will be required to pay the probable liability of such Person on
its debts as they become absolute and matured; (c) such Person does not intend
to, and does not believe that it will, incur debts or liabilities beyond such
Person's ability to pay as such debts and liabilities mature; and (d) such
Person is not engaged in a business or transaction, and is not about to engage
in a business or transaction, for which such Person's property would constitute
an unreasonably small capital. The amount of contingent liabilities (such as
Litigation, guaranties and pension plan liabilities) at any time shall be
computed as the amount that, in light of all the facts and circumstances
existing at the time, represents the amount that can reasonably be expected to
become an actual or matured liability.

     "Stock" means all shares, options, warrants, membership interests in a
limited liability company, general or limited partnership interests or other
equivalents (regardless of how designated) of or in a corporation, partnership
or equivalent entity whether voting or nonvoting, including common stock,
preferred stock or any other "equity security" (as such term is defined in Rule
3a11-1 of the General Rules and Regulations promulgated by the Securities and
Exchange Commission under the Securities Exchange Act).

     "Stockholder" means, with respect to any Person, each holder of Stock of
such Person.

     "Sub-Servicer" means any Person with whom the Servicer enters into a
Sub-Servicing Agreement.

     "Sub-Servicing Agreement" means any written contract entered into between a
Servicer and any Sub-Servicer pursuant to and in accordance with the Servicing
Agreement.

     "Subsidiary" means, with respect to any Person, any corporation or other
entity (a) of which securities or other ownership interests having ordinary
voting power to elect a majority of the board of directors or other Persons
performing similar functions are at the time directly or indirectly owned by
such Person or (b) that is directly or indirectly controlled by such Person
within the meaning of control under Section 15 of the Securities Act.

     "Successor Servicer" is defined in Section 6.2 of the Servicing Agreement.


                                        9                             Annex A to
                                                             Loan Sale Agreement

     "Swap Agreement" is defined in the Indenture.

     "Termination Value" means the "Termination Value" (if any) payable by
lessee pursuant to the applicable Loan.

     "Transfer Date" is defined in the Indenture.

     "Transferor" means CEF Equipment Holding, L.L.C. a Delaware limited
liability company, as seller under the Purchase and Sale Agreement.

     "UCC" means, with respect to any jurisdiction, the Uniform Commercial Code
as the same may, from time to time, be enacted and in effect in such
jurisdiction.

     "VFS" is defined in the preamble of the Sale Agreement.

     SECTION 2. Other Interpretive Matters. All terms defined directly or by
incorporation in the Sale Agreement shall have the defined meanings when used in
any certificate or other document delivered pursuant thereto unless otherwise
defined therein. For purposes of the Sale Agreement (including in this Annex A)
and all related certificates and other documents, unless the context otherwise
requires: (a) accounting terms not otherwise defined in such Agreement, and
accounting terms partly defined in such Agreement to the extent not defined,
shall have the respective meanings given to them under generally accepted
accounting principles; and unless otherwise provided, references to any month,
quarter or year refer to a fiscal month, quarter or year as determined in
accordance with the GE Capital fiscal calendar; (b) terms defined in Article 9
of the UCC and not otherwise defined in such Agreement are used as defined in
that Article; (c) references to any amount as on deposit or outstanding on any
particular date means such amount at the close of business on such day; (d) the
words "hereof," "herein" and "hereunder" and words of similar import refer to
such Agreement (or the certificate or other document in which they are used) as
a whole and not to any particular provision of such Agreement (or such
certificate or document); (e) references to any Section, Schedule or Exhibit are
references to Sections, Schedules and Exhibits in or to such Agreement (or the
certificate or other document in which the reference is made), and references to
any paragraph, subsection, clause or other subdivision within any Section or
definition refer to such paragraph, subsection, clause or other subdivision of
such Section or definition; (f) the term "including" means "including without
limitation"; (g) references to any law or regulation refer to that law or
regulation as amended from time to time and include any successor law or
regulation; (h) references to any agreement refer to that agreement as from time
to time amended, restated or supplemented or as the terms of such agreement are
waived or modified in accordance with its terms; (i) references to any Person
include that Person's successors and assigns; and (j) headings are for purposes
of reference only and shall not otherwise affect the meaning or interpretation
of any provision hereof.


                                       10                             Annex A to
                                                             Loan Sale Agreement

                                TABLE OF CONTENTS


                                                                                    PAGE

ARTICLE I DEFINITIONS AND INTERPRETATION.........................................     1
   Section 1.1    Definitions....................................................     1
   Section 1.2    Rules of Construction..........................................     1

ARTICLE II SALES OF CEF ASSETS...................................................     1
   Section 2.1    Sale of Loans..................................................     1
   Section 2.2    Grant of Security Interest.....................................     2
   Section 2.3    Sale Price.....................................................     2

ARTICLE III CONDITIONS PRECEDENT.................................................     3
   Section 3.1    Conditions to Sale.............................................     3

ARTICLE IV REPRESENTATIONS, WARRANTIES AND COVENANTS.............................     4
   Section 4.1    Representations and Warranties of the Sellers..................     4
   Section 4.2    Affirmative Covenants of the Sellers...........................     5
   Section 4.3    Negative Covenants of the Sellers..............................     7

ARTICLE V INDEMNIFICATION........................................................     7
   Section 5.1    Indemnification................................................     7

ARTICLE VI MISCELLANEOUS.........................................................     8
   Section 6.1    Notices........................................................     8
   Section 6.2    No Waiver; Remedies............................................     9
   Section 6.3    Successors and Assigns.........................................     9
   Section 6.4    Termination; Survival of Obligations...........................    10
   Section 6.5    Complete Agreement; Modification of Agreement..................    10
   Section 6.6    Amendments and Waivers.........................................    10
   Section 6.7    GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL...    10
   Section 6.8    Counterparts...................................................    12
   Section 6.9    Severability...................................................    12
   Section 6.10   Section Titles.................................................    12
   Section 6.11   No Setoff......................................................    12
   Section 6.12   Confidentiality................................................    12
   Section 6.13   Further Assurances.............................................    12
   Section 6.14   Accounting Changes.............................................    13



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                                TABLE OF CONTENTS
                                   (Continued)



                                                                                    PAGE

Schedule 4.1(b)   UCC Information
Schedule I        Schedule of GECC Loans
Schedule II       Schedule of GECITS Loans
Schedule III      Schedule of VFS Loans
Exhibit 4.2(f)    Separate Indemnity Provisions
Annex A:          Definitions and Interpretations



                                      -ii-