RENTAL AGREEMENT - DOC by TO2Z2JmP

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									                                                                                                                                                                              Dean Williamson
                                                                                                                                                       P.O: Box 44 Freshwater, Cairns, QLD, 4870
                                                                                                                                                    Mob: Mandy 0429579029 / Dean 0437199119
                                                                                                                                                                        E: lexieotto@gmail.com




RENTAL AGREEMENT
This rental agreement is for the hire of geological instruments/field tools from Able Exploration and Hire Ltd and comprises of three components:

        Schedule 1 – Rental Rates
        Schedule 2 – Rental Agreement Form
        Schedule 3 – Conditions of Rental

Please review the Conditions of Rental, fill out the Rental Agreement Form, and sign. This must occur before the rental can proceed.
Please note all rates quoted below are exclusive of GST.




Schedule 1 – Rental Rates



                                                        Value of       Minimum
                                        0-7 days
           Instrument                                    item          hire period       Availability
                                          each
    KT-9 Magnetic
Susceptibility Meter   $20   $2000   7 days   Worldwide
   (Exploranium)
  KT-10 Magnetic
Susceptibility Meter   $25   $3000   7 days   Worldwide
   (Exploranium)
    Scintillometer
(Exploranium Model #   $40   $3000   7 days   Worldwide
       GR110-G
XRF Analyser (NITON XL 3t)
Qualified xrf technicial can   $300   $45000   2 day   Worldwide
  be supplied, rate neg.
GPS (GPS 60 Garmin)   $3.00   $200   7 days   Worldwide
  EPIRB GPS equipped
(ACCUSAT pocket series   $16   $400   7 days   Worldwide
    406/121.5 MHZ
Satellite phones (Iridium-
                             $16   $1100   7 days   Worldwide
   calls not included)
 Bgan inmarsat “World Pro
  1000” Satellite internet
                             $16   $1500   7 days   Worldwide
reciever (download/upload
       not included)
Epoch 10 L1 DGPS system
   with data collector
    differential GPS

        Accuracy

     less than 20mm

http://www.rumahgps.com      $150   $9500   2 day   Worldwide
  /?module=detail&id=78

http://www.precisionlasers
.com.au/images/uploads/e
        poch10.pdf
Microscope   $3   $600   7 days   Worldwide
UV lamp   $2   $100   7 days   Worldwide
Off road 21ft office caravan   $100   $45000   7 days   Aust wide
Off road 21ft Kitchen
                        $120   $50000   7 days   Aust wide
       Caravan
Honda Petrol generator 5.5
                             $35   $2500   3 days   Nth Qld
          kva
Kubota diesel generator
                          $60   $4500   3 days   Nth Qld
   10kva on trailer
Cummings (genlite) diesel
  generator on trailer 3    $80   $10000   3 days   Nth Qld
     phase 18 kva
Stackable Pallet cages   $3   $480   7 days   Nth Qld




Steel strapping gear     $5   $450   7 days   Nth Qld
Stihl one man post hole
                          $30   $1200   3 days   Nth Qld
         digger
Off road recovery gear   $20   $900   7 days
Roo Jack   $5   $120   7 days   Nth Qld
 Macnaught GP Rapid-Flo
   Rotary Fuel Pump - 100
                                  $4   $550   7 days   Nth Qld
litres per min with fuel filter
                                                                                                                                           Schedule 2 – Rental Agreement Form
CLIENTS DETAILS                                                  SHIPPING DETAILS
Company name                                                           Contact
ABN                                                                    Telephone number
Accountants contact                                                    Shipping address
(if applicable)
Telephone number                                                       Suburb
Postal address                                                         State
Suburb                                                                 Post code
State
Post code
Project reference
(if applicable)
Purchase order number

Able Exploration and Hire Ltd prefers that the CLIENT ship using their own courier account. If requested, Able Exploration and Hire Ltd can transport equipment on their account, however, the CLIENT is
responsible for any shipping delays and these are chargeable. The CLIENT is required to have insurance as per our Rental Agreement conditions.



Account Number: ________________ Courier Company: ______________



ID     Instrument                                Dispatch date    Return date    Days     W’ks     M’ths     Total




Total
GST
Total in all             PLEASE NOTE: Instrument availability is not confirmed until a signed Rental Form has been received by Able Exploration and Hire Ltd.
                         Rental of instruments is on a first come first serve basis.
CREDIT CARD PAYMENTS (MasterCard or Visa only)
Grand Total
Card Number: __ __ __ __ / __ __ __ __ / __ __ __ __ / __ __ __ __ Expiry: __ __ / __ __ Card Verification Number: __ __ __
Name on card: _________________________________________ Signature: ____________________________________________________
COMMENTS:__________________________________________________________

I hereby commit to renting the equipment specified above. I have read, understood and accepted the terms and conditions of entering into this agreement.


Signature:

Print Name:

Position:                                               Date:


OFFICE USE: Copy: Book( ) Store ( ) User ( )
Ref #                                        Dispatched date/time
Approved       Y / N                         Courier Co
Approved date                                Consignment #
Confirmed      Y / N                         Received date/time



                                                                                                                                                           Schedule 3 – Conditions of Rental
BETWEEN Able Exploration and Hire (ABN: ) of P.O Box 44 Freshwater, Cairns, Queensland hereinafter called 'Able Exploration and Hire Ltd' and the ‘CLIENT’ whose name and address appear on Schedule 2
referred to as the RENTAL AGREEMENT FORM. This Agreement becomes binding on the CLIENT upon Able Exploration and Hire Ltd’s acceptance of the CLIENT’S Purchase Order or confirmation of the rental,
regardless of whether the Agreement is signed by the CLIENT or not.
Able Exploration and Hire Ltd and the CLIENT agree to the following:
CLIENT
                                       Able Exploration and Hire Ltd hereby rents to the CLIENT, and the CLIENT hereby hires from Able Exploration
                                       and Hire Ltd, the Equipment as set forth in Schedule 3 of this Agreement.
RENTAL                                 The rental shall commence from the time the Equipment leaves Able Exploration and Hire Ltd’s office and
TERM                                   shall terminate upon its return to the office of Able Exploration and Hire Ltd. For courier shipments that leave
                                       Able Exploration and Hire Ltd’s office after 12 noon, the rental charges will commence the day after the
                                       equipment leaves and be charged to the day before, if it arrives back into Able Exploration and Hire Ltd’s
                                       office before 12 noon. If the shipment arrives back at Able Exploration and Hire Ltd after 12 noon, the rental
                                       will be charged till the day it is delivered to Able Exploration and Hire Ltd. For personal pick-up/delivery, the
                                       rental charges will commence the day the Equipment leaves Able Exploration and Hire Ltd’s office and be
                                       charged to the day it arrives back into Able Exploration and Hire Ltd’s office.
OWNERSHIP                              Equipment is, and shall at all times remain the property and exclusive property of Able Exploration and Hire
                        Ltd.
MIN RENTAL PERIOD       The minimum rental period for the rental of this equipment is set forth in Schedule 1 of this Agreement.

RENTAL                  The rent for the Equipment shall be as per Schedule 1 of this Agreement. Full payment is due prior to
                        mobilising of the equipment, a Tax Invoice will be issued and payment received before mobilising.
                        For clients with approved credit, invoicing for the estimated rental period will take place upon mobilising of
                        the instrument and full payment is required within 14 days. If the rental extends past the invoiced period
                        then an invoice will be drawn up for the remainder of the rental period. If the rental extends over an
                        extended period (greater than one month) then monthly invoices will be submitted in advance and full
                        payment is required within 14 days.
                        Able Exploration and Hire Ltd will charge interest at a rate of 1.25 % per month (or part there of), on all
                        accounts overdue by greater than 14 days.
PAYMENT                 The CLIENT shall pay to Able Exploration and Hire Ltd rent in advance, within fourteen days of date of invoice.
                        GST applies to all rates quoted for Australian invoiced customers. Able Exploration and Hire Ltd accepts
                        payment by MasterCard and Visa.
ALTERATIONS             The CLIENT may make no alterations or repairs to the Equipment during the rental period without prior
                        approval from Able Exploration and Hire Ltd.
INSURANCE AND FREIGHT   The CLIENT is responsible if any of the equipment is stolen or damaged in use or in transit. The CLIENT shall
                        provide adequate insurance for the entire Rental term, to cover the replacement cost of the Equipment to
                        the value stated in Schedule 1 of this Agreement. The CLIENT will also pay for all freight and insurance
                        charges incurred in shipping of the Equipment described in Schedule 1 of this Agreement.
WARRANTY                Able Exploration and Hire Ltd warrants that the Equipment set forth in Schedule 1 is in first-class operating
                        condition at the time of delivery and will replace at no charge (excluding shipping costs) all components that
                        might fail during normal operation, but not as a result of damage or mishandling. Able Exploration and Hire
                        Ltd is not responsible for the method of operation of the Equipment, the results obtained or the
                        interpretation.
ASSIGNMENT              Neither this Agreement nor Equipment may be assigned, transferred, or in any way encumbered by The
                        CLIENT without written consent of Able Exploration and Hire Ltd.
VALIDITY                This Agreement becomes binding on the CLIENT, by the CLIENT supplying a Purchase Order (or written
                        confirmation) for the rental of the Equipment regardless of whether it is signed by the CLIENT or not.
BEAKDOWN                In the event of a breakdown, the CLIENT must advise Able Exploration and Hire Ltd within two (2) days.
DEFAULT AND REMEDIES    The CLIENT shall be deemed to have breached this Agreement if The CLIENT:

                        a) defaults in any payment;

                        b) defaults in any of the terms herein and such default shall continue uncorrected for ten (10) days after
                        written notice hereof to The CLIENT by Able Exploration and Hire Ltd; or

                        c) become insolvent, or if a petition is filed by or against The CLIENT under the Bankruptcy Act or any other
                        law for relief of debts.

                        In the event of any default, Able Exploration and Hire Ltd may declare the entire amount of unpaid rental
                        payments immediately due and payable and Able Exploration and Hire Ltd may immediately terminate this
                        Agreement. In the event of such termination Able Exploration and Hire Ltd may enter into the premises
                        where the Equipment is located and remove same. The CLIENT hereby authorises Able Exploration and Hire
                        Ltd to enter his premises to accomplish such repossession. The CLIENT will pay all costs and expenses,
                             including legal fees incurred in execution of this section.




INTERPRETATION               This Agreement shall be construed for all purposes including disputes under the laws of the State of New South
                             Wales, Australia.
OVERSEAS RENTALS             There will be a 15% surcharge for all equipment rentals that are shipped offshore Australia. The CLIENT covers
                             all customs handling, duty and any other additional charges that might apply to the overseas shipment and
                             return of the instrument. Instrument will be shipped to nominated address with commercial invoice and
                             declaration that the shipment is for a temporary rental of equipment.
CANCELLATION AND EXTENSION   After a purchase order or written confirmation has been submitted the CLIENT is obliged to pay all rental costs
                             for the entire period specified herein. The CLIENT shall not be entitled to a refund if the rental is cancelled.
                             If the CLIENT wishes to extent the rental period after mobilisation a new purchase order must be submitted. A
                             written authorisation on any rental extension must be issued by Able Exploration and Hire Ltd. Unauthorised
                             extension of the rental attracts a 100% surcharge applied to the daily rental rate until such time when the
                             instrument is received by Able Exploration and Hire Ltd.
EXCHANGE RATE RISK           In cases where Able Exploration and Hire Ltd rents equipment on behalf of the CLIENT from overseas, the final
                             invoice will be adjusted to reflect any movements in the exchange rate between the time of rental and
                             invoicing. The CLIENT is responsible for paying ALL exchange rate risks

								
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