Equipment Rental Agreement

Equipment Rental Agreement

Date: November 4, 2050

This Equipment Rental Agreement (“Agreement”) is made between [Your Company Name], located at [Your Company Address], and MisfitCo, located in Jersey City, NJ 07302. The parties hereby agree to the following terms and conditions regarding the rental of equipment.

I. Rental Equipment

The following equipment will be rented under this Agreement:

Item Description

Quantity

Rental Rate per Day

Total Rental Cost

Excavator Model X1

1

$200.00

$200.00

Generator 5000W

2

$75.00

$150.00

Scaffolding Set

1

$100.00

$100.00

Total Estimated Cost: $450.00

II. Rental Period

The rental period will commence on November 10, 2050, and will end on November 24, 2050, unless otherwise terminated in accordance with this Agreement.

III. Payment Terms

Payment shall be made as follows:

  1. Deposit: A deposit of $100.00 is due upon signing of this Agreement.

  2. Final Payment: The $350 balance is due before the rental begins.

Payments should be directed to:

  • [Your Company Name]

  • [Your Company Address]

IV. Responsibilities of the Parties

Responsibilities of [Your Company Name]

  • To provide the equipment in good working condition.

  • To offer the necessary support for the equipment during the rental period.

Responsibilities of MisfitCo

  • To use the equipment solely for the agreed purposes.

  • Return the equipment in its original condition, excluding normal wear and tear.

V. Insurance and Liability

MisfitCo agrees to maintain adequate insurance coverage for the equipment during the rental period. [Your Company Name] shall not be liable for any injuries or damages that occur during the use of the rented equipment.

VI. Termination

This Agreement may be terminated by either party with written notice if the other party breaches any term of this Agreement. Upon termination, MisfitCo shall return all rented equipment immediately.

VII. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey.

VIII. Signatures

By signing below, both parties agree to the terms of this Equipment Rental Agreement.

[Your Name]

Date: November 4, 2050

Dayton Rohan

Date: November 4, 2050

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