RENTAL EQUIPMENT AGREEMENT

This Equipment Rental Agreement (the “Agreement”) is made and entered into on [DATE] by and between:

Mobilease Mobility Inc., a corporation organized under the laws of Ontario with its principal place of business located at 2780 Highway 7, Unit 107, Concord, ON, L4K3R9 (hereinafter referred to as “Lessor”), and the Client, an individual with a mailing address of [Client Address] (hereinafter referred to as “Lessee”).

Equipment Ownership: The equipment shall remain the property of Mobilease Mobility Inc. The client shall return the equipment to Mobilease Mobility Inc. in the same condition as when received, reasonable wear and tear excepted. Mobilease Mobility Inc. shall be responsible for the maintenance and repair of all equipment. The client shall immediately return any equipment requiring repairs to Mobilease Mobility Inc. or, at the option of Mobilease Mobility Inc., for alternative equipment to be provided.

Proper Use and Operation: The client acknowledges that Mobilease Mobility Inc. has instructed them in the proper use and operation of the equipment and agrees to abide by those instructions.

Equipment Responsibility: The client shall be solely responsible for any loss, damage, destruction, or theft of the equipment until it is returned to Mobilease Mobility Inc. If the equipment is lost, damaged, destroyed, or stolen while this agreement is in effect, the client shall advise Mobilease Mobility Inc. immediately and shall pay the fair market value of the equipment. The client is responsible for notifying Mobilease Mobility Inc. on or before the due date to extend the rental period. Mobilease Mobility Inc. may automatically debit the client’s credit card on the due date if no communication attempts have been made by the client.

Liability Waiver: The client acknowledges that neither Mobilease Mobility Inc. nor any of its officers, directors, employees, or related affiliated companies shall be responsible for any personal injuries, death, damages, losses, or expenses incurred by the client or any other person resulting from or in any way related to the rental of the equipment or the use and operation of the equipment. The client hereby waives any and all claims they may have against such parties resulting from this agreement.

Rental Payments and Deposits: The rental payments shall be made payable weekly, monthly or in advance on the first day of each month or week that this agreement is in effect, as specified on the front side of the agreement. Overdue payments shall bear interest at the ratio of 1.5% per month, 18% per annum from the day they are overdue until payment in full, notwithstanding any termination of this agreement. Mobilease Mobility Inc. may apply the deposits, or any part thereof, to the last payment(s) due hereunder. Upon termination of this agreement and the return to Mobilease Mobility Inc. of the equipment in satisfactory condition, the balance of the deposit, if any, shall be returned to the client, without interest.

Termination: This agreement may be terminated by Mobilease Mobility Inc. without notice if at any time the client fails to pay the rental payment within 10 days of the due date of such payment. Upon such termination, the client shall forthwith return the equipment to Mobilease Mobility Inc., failing which Mobilease Mobility Inc. may take all steps necessary to repossess the equipment.

Use of Equipment:

• The client will use the equipment for the purpose for which it was designed and not for any other purpose.
• The client will use the equipment in a good and careful manner and will comply with all of the manufacturer’s requirements and recommendations respecting the equipment with any applicable laws, whether municipal, provincial/territorial, or federal respecting the use of the equipment, including, but not limited to, environmental and copyright laws.
• The client will not alter, modify, or attach anything to, nor remove anything from, the equipment, unless the alteration, modification, or attachment is easily removable or restorable without damaging the functional capabilities or economic value of the equipment.
• The client will not allow the equipment to be used in the rain and will not submerge the equipment in any water.

Return of Equipment: Upon the termination of this agreement, the client shall return the equipment to Mobilease Mobility Inc. in the same condition as when received, reasonable wear and tear excepted. The client shall be responsible for any loss, damage, destruction, or theft of the equipment until it is returned to Mobilease Mobility Inc. If the equipment is lost, damaged, destroyed, or stolen while this agreement is in effect, the client shall advise Mobilease Mobility Inc. immediately and shall pay the fair market value of the equipment.

Governing Law: This agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which Mobilease Mobility Inc. is located.

Cancellation Policy:

The rental reservation may be cancelled at any time by providing written notice to Mobilease Mobility Inc. However, if the rental reservation is cancelled within 24 hours or less of the scheduled rental start date, the rental reservation will be subject to a 50% cancellation fee charged to the client’s credit card.

Rental Protection Program Coverage (OPT-IN):

The Rental Protection Program covers any damage to the rental equipment under normal use, as well as any labour that may be involved with the repair to the damaged equipment.

EXCLUSIONS

Rental Protection does not cover:

• Theft, burglary or robbery of rental equipment, or personal contents in any rental equipment;
• Water damage or damage related to fire;
• Damage resulting from intentional or criminal acts or willful or wanton or reckless acts;
• Damage resulting from improper use of rental equipment;
• Charges for loss of income;
• Any consequential damages;
• Loss or damage during loading and unloading;
• Bodily injury or death of any person not within the cab of the rental equipment;
• Off-road use;
• Damage caused while the driver was using any drugs or alcohol;
• Overload of the equipment beyond the gross equipment rating, damage to the equipment resulting from overloading, improper loading or failure to secure the load;
• Misuse or abuse of the rental equipment;
• Collision with an overhead object (including but not limited to overhangs, trees, garages, parking structures);
• Off-road use;
• Cut, blown or damaged tires;
• Use of the rental equipment by someone other than the customer or user;

Any failure to comply with the terms of this Agreement and to the Terms & Conditions of Equipment Rental Agreement.

This protection is NOT LIABILITY INSURANCE. This protection is OPTIONAL AND APPLIES ONLY TO Mobilease Mobility Inc. RENTAL EQUIPMENT.
By providing your email and payment to Mobilease Mobility Inc. for the purpose of Rental Protection coverage, you have agreed to opt in to the Rental Protection coverage.