Rental Agreement
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RENTAL AGREEMENT
The Arthur Freyer Lighting Rental Agreement is subject to the following additional terms and conditions: "Lessee" agrees to rent from "Lessor" (Arthur Freyer Lighting, hereinafter AFL) certain equipment and/or vehicles listed for the terms set forth, and at the rent set forth therein.

MINIMUM RENTAL PERIOD
Unless otherwise agreed, the rental payment shall begin on the date specified in the lease agreement for delivery of equipment and/or vehicles, and shall continue unabated until the equipment and/or vehicle is returned to AFL. Lessee agrees to return equipment and/or vehicle on the date specified in the lease. Full daily rates shall be charged for each day the equipment and/or vehicle is not returned past the date specified for its return. A full additional day's rental shall be charged for any equipment and/or vehicle not returned by 10:30 a.m. When contract is on a day schedule, daily rates will be charged for each day, including Sundays and holidays. The full daily rate will be charged for each full day or any portion thereof.

PAYMENT
All rental fees are due at time of equipment and/or vehicle pick-up, unless different terms have been arranged in advance with AFL. Terms of payment are NET 30 DAYS. Payments due for 31 days or more shall be considered PAST DUE. For each month, or part of month thereafter, an interest rate of 1.5% per month shall be charged on the outstanding balance.

Lessee agrees to fully compensate AFL for any and all expenses incurred in the recovery of payment for past due invoices including any attorneys fees, court fees or collection agency fees.

Lessee agrees to pay AFL the agreed rental price for said equipment and/or vehicle, for not less than the minimum rental period as defined herein, and for such other time thereafter, and until Lessee returns equipment and/or vehicle to AFL's place of business as provided herein.

Lessee agrees to pay for missing and/or damaged equipment and/or vehicle within 10 days after billing by AFL.

Lessee shall pick up and return said equipment and/or vehicle on the dates set forth in the Rental Agreement. Lessee shall return said equipment and/or vehicle to the same AFL location as equipment and/or vehicle was picked up from, unless permission is granted in writing by AFL for an alternate droop locale.

AFL shall be entitled to compensation because of Lessee's cancellation of all or part of an order, unless the cancellation occurs more than 24 hours in advance of an agreed-upon pickup date and time for the contracted equipment and/or vehicle.

DELIVERY AND RETURNS
All equipment and/or vehicles shall be picked up at AFL's place of business or (at Lessee's request) AFL shall arrange shipment or delivery to a location designated by Lessee. AFL agrees to deliver or ship to Lessee (or its authorized agents) the rented equipment and/or vehicle in the manner specified by Lessee within the time period agreed upon.

AFL is not responsible for the non-availability or shipping delays of the said equipment and/or vehicle, nor for the failure of the Lessee, its agent or designated carrier to accept or pick up equipment and/or vehicle.

Delivery of equipment and/or vehicle shall be deemed complete at AFL's premises when the equipment and/or vehicle is placed on the Lessee's transportation, or with a carrier arranged by Lessee. Lessee bears all risks of loss or damage to equipment and/or vehicle from the time of delivery to Lessee (as defined) until the return of the equipment and/or vehicle to AFL's premises during normal business hours.

Return of equipment and/or vehicle to AFL shall be deemed to occur when the equipment and/or vehicle has been offloaded onto AFL's premises, whether the return is by Lessee or arranged carrier. Collect shipment or COD shipment will not be accepted or considered returned without prior approval of AFL. Lessee shall not ship or transport the equipment and/or vehicle out of the State of California without prior written consent of AFL.

NO WARRANTIES
Lessee acknowledges that the equipment and/or vehicle listed herein has either been examined or tested by a representative of the lessee, or that the opportunity to examine and test the the equipment and/or vehicle was permitted, and that it is in good working condition and accepted the same as is, and without any rental reduction or claims therefore.

Lessee agrees that equipment and/or vehicle is leased without warranty or guarantee of any kind, expressed or implied, and that AFL assumes no responsibility, expressed or implied, in fact or in law, for the performance or nonperformance of said equipment and/or vehicle, other than as expressly agreed herein (whether the failure of the equipment and/or vehicle is caused by the negligence of Lessee, AFL, or any other person or entity).

Lessee agrees to notify AFL immediately when equipment and/or vehicle is not in working order, and to return the same equipment to AFL at Lessee's expense.

Lessee agrees to bear the risk of loss direct and consequential, for any equipment and/or vehicle found in non-working condition. AFL's only obligation shall be to use reasonable efforts to repair or replace said equipment and/or vehicle in which a defect existed at time of delivery (and which was not readily apparent from inspection) or to refund any rental payments for equipment and/or vehicle.

INDEMNITY
Lessee agrees to and does hereby indemnify and hold AFL, its officers and employees, harmless from and against any and all losses, damages, demand of liability of any kind or nature whatsoever, including legal expenses arising from the use, condition (including without limitation latent and other defects) of operation of the equipment or vehicles rented, and by whomsoever used or operated such equipment and/or vehicle during the term hereof. This indemnity shall continue in full force and effect during and after the rental term specified herein.