Rental Contract

RENTAL AGREEMENT

 I/We, the undersigned, do hereby rent and accept of and from Rehbein Rentals,LLC, herein termed the renting company, the within listed equipment and acknowledge that it is in all said equipment and to use it in a proper manner and agree that in the event any of the rented equipment is lost or destroyed before it is returned, to promptly pay to the renting company the full value of such rented property, in cash, and if damaged or injured in any way to pay an amount equal to the reasonable cost of repairing the same, and further do hereby exonerate, indemnify and save harmless the renting company from all claims or liabilities to all parties for damage or loss to any person, persons or property in any way arising out of or during the use of said equipment.  It is agreed that upon failure to pay rent or if default is made in any of the other terms hereof, the renting company may at once take possession of said equipment wherever the same may be found and remove the same, and the renting company or its agents shall in no way be liable for any claims for damage or injury in the removal of said equipment. 

 Neither the whole, nor any part of equipment hereby leased shall be sublet, nor suffered to be sublet, nor assigned by renter, nor removed from location at which it was intended by renting company to be used, as represented by renter, nor shall the equipment be used in any manner not pre-approved by renting company, nor removed from the county of Sanders in the state of Montana, except by written consent of renting company obtained before said removal. 
It is understood that the rental charges are portal to portal time out, not time used and ends only when the rented equipment is returned or delivered in same condition as received at the office or shop of the said renting company. 
 No allowance will be made for holidays, or time in transit, nor for any period of time equipment may not be in actual use while in renter's possession unless pre-arranged. 

 The daily rental period of each contract begins at the time printed on the face of the contract and ends 24 hours later. Overtime charges will be computed at 1/6th the daily rate for each hour over 24 hours until the daily maximum is reached.  It is expressly agreed that the rental term ends on the date noted on the front side hereof. 

RENT MUST BE PAID EVERY 30 DAYS ON OUTSTANDING EQUIPMENT.

In the event the renting company herein retains the services of an attorney at law for the purpose of enforcing any of the terms of this agreement, we further agree to pay said renting company a reasonable sum as and for such attorney's fees. 

Damage Waiver Policy

Damage Waiver is an Optional Charge. It is 15% of the Final Rental Price or a flat fee of $150, whichever is greater.

If the Renter has accepted the Damage Waiver by initialing his/her acceptance in the appropriate section on the Rental Agreement, then the Renter shall have no responsibility for physical damage to the equipment except the following for which Renter shall be responsible: 

A. Those losses or damages set forth in paragraphs B, C, D, E, F, G, H, and I below for which Renter shall be fully responsible and liable with respect to individual items of equipment.

B. Those losses or damages set forth in paragraphs A, B, C, D, E, F, G, H, and I below for which Renter shall be fully responsible and liable with respect to motor trucks, excluding forklifts. 

C. Loss or damage resulting from overloading or exceeding the rated capacity of the equipment.

D. Loss or damage to motors or other electrical equipment or appliances or devices caused by artificial electrical current. 

E. Damage to tires and tubes caused by blowout, bruises, cuts, road hazards, or other causes inherent in the use of equipment. 

F. Loss or damage resulting from lack of lubrication or other normal services of equipment.

G. Loss or damage due to theft, malicious mischief, mysterious disappearance, or shortage disclosed on inventory.

H. Loss or damage caused by infidelity of Renter, his employees, or shortage disclosed on inventory.

I. Use of the equipment in violation of any of the terms of the rental agreement. 

J. Renter further agrees that Rehbein Rentals, LLC shall be subrogated for any recovery rights that Renter may have for damage to the equipment rented, in the form of insurance protection for such damage. 

If Renter has insurance covering such loss or damage, Renter shall exercise all rights available to him under said insurance, take all action necessary to process said claim, and Renter further agrees to assign said claim and to pay any and all proceeds from such insurance to Rehbein Rentals, LLC Upon request by Rehbein Rentals, LLC, Renter shall furnish name of his agent, insurance company, and complete information concerning insurance coverage carried.