                                 CODE OF VIRGINIA

MODIFICATION OR IMPAIRMENT OF RIGHTS AND REMEDIES (§ 8.2A-503)

1. Except as otherwise provided in this title, the lease agreement may include
rights and remedies for default in addition to or in substitution for those
provided in this title and may limit or alter the measure of damages recoverable
under this title.

2. Resort to a remedy provided under this title or in the lease agreement is
optional unless the remedy is expressly agreed to be exclusive. If circumstances
cause an exclusive or limited remedy to fail of its essential purpose, or
provision for an exclusive remedy is unconscionable, remedy may be had as
provided in this title.

3. Consequential damages may be liquidated under &#xA7; 8.2A-504, or may
otherwise be limited, altered, or excluded unless the limitation, alteration, or
exclusion is unconscionable. Limitation, alteration, or exclusion of
consequential damages for injury to the person in the case of consumer goods is
prima facie unconscionable but limitation, alteration or exclusion of damages
where the loss is commercial is not prima facie unconscionable.

4. Rights and remedies on default by the lessor or the lessee with respect to
any obligation or promise collateral or ancillary to the lease contract are not
impaired by this title.

HISTORY: 1991, c. 536.