EQUIPMENT RENTAL AGREEMENT This Equipment Rental Agreement ("Agreement") is made and entered into as of [5/13/2025], by and between Equipment Supply Pros, located in Bakersfield, CA ("Lessor"), and [Customer listed above] ("Lessee").
1. Rental Terms
Equipment: [see listed above]
Rental Period: [see listed above]
Rental Rate: $[see listed above]
Security Deposit: $[see listed above]
Payment Terms: [see listed above]
2. Lessee Responsibilities
Lessee agrees to use equipment only for its intended purpose.
Lessee must return the equipment in the same condition, excluding normal wear and tear.
Any necessary repairs due to damage caused by Lessee will be billed to Lessee.
3. Liability & Insurance
Lessee assumes all risks associated with the use of the rented equipment.
Lessee agrees to carry insurance for damages, loss, or liability related to the equipment.
4. Equipment Maintenance & Return
Lessor is responsible for maintaining equipment before rental.
Lessee must return equipment by the due date; late returns may incur additional fees.
5. Indemnification & Damage Responsibility
Lessee agrees to indemnify, defend, and hold harmless Lessor from any claims, damages, or liabilities arising from the use of the rented equipment.
If the equipment is damaged beyond normal wear and tear, Lessee agrees to pay for repair costs, including parts and labor. If the equipment is deemed irreparable, Lessee is responsible for its full replacement value.
6. Late Fees & Extensions
Lessee acknowledges that late returns will result in additional charges of [$Amount] per day. Extensions must be requested in writing and approved by Lessor.
7. Unauthorized Use & Subleasing
Lessee may not modify, sublease, or use the equipment for any purpose other than what was agreed upon. Any violation may result in immediate termination of the agreement and potential legal action.
8. Inspection & Condition Reports
Lessee must inspect the equipment upon receipt and report any pre-existing damage within [Timeframe]. Failure to do so implies acceptance of the equipment’s condition.
9. Force Majeure
Lessor is not liable for delays or inability to provide equipment due to unforeseen circumstances like natural disasters, labor strikes, or government regulations.
10. Default & Remedies
Failure to comply with payment or contract terms may result in legal action, repossession of equipment, and additional penalties.
11. Governing Law
This agreement shall be governed by the laws of the State of California.
12. Signatures
By signing below, both parties agree to the terms and conditions outlined in this agreement.
Lessor: Equipment Supply ProsAuthorized Representative: ___________________Signature: ___________________ Date: __________
Lessee: [Customer Name]Signature: ___________________ Date: __________