Terms and Conditions
Vertekl Terms and Conditions
VERTEKL TERMS AND CONDITIONS 1) DEFINITIONS. “Authorized Individuals” are those individuals that Customer directly or indirectly allows to use the Equipment, who must be properly trained to use the Equipment, at least 18 years old or the legal age of majority in the state, whichever is greater and are not under the influence of any drugs, alcohol, substances or otherwise impaired. “Customer” is identified earlier and includes any of your representatives, agents, officers, employees or anyone signing this Contract on your behalf. “Environmental Services Charge” is the charge described in Section 17. “Equipment” is the equipment and/or services identified on the other pages provided, together with all replacements, repairs, additions, attachments and accessories and all future Equipment rented. “Incident” is any fine, citation, theft, accident, casualty, loss, vandalism, injury, death or damage to person or property, claimed by any person or entity that appears to have occurred in connection with the Equipment. “Lost” means the Equipment is either stolen, its location is unknown, or Customer is unable to recover it for a period of 30 days. “FMV” is the Equipment’s fair market value on or about the date of the Incident relating to the Equipment, plus any administrative fees and expenses. “One Shift” means not more than 8 hours per day, 40 hours per week and 160 hours every 4-week period, provided that double shift will be 150% and triple shift will be 200% of the rental charge on Equipment with hour meters. “Ordinary Wear and Tear” means normal deterioration considered reasonable in the equipment rental industry for One Shift use. “Party” means Vertekl or Customer and together both are the “Parties”. “Pick-Up Number” is the number Customer obtains from Vertekl evidencing the Customer’s call to pick up Equipment. “Rental Period” commences when the Equipment is delivered to Customer or the Site Address and continues until the Equipment is returned to the Store or picked up by Vertekl during normal business hours, provided Customer has otherwise complied with this Contract. “RPP” is the rental protection plan described in Section 10. “Site Address” is the location that Customer represents the Equipment will be located during the Rental Period identified earlier. “Store” is the Vertekl location identified earlier. “Vertekl” is Vertekl and its affiliated companies, their respective officers, directors, employees and agents. “Telematics Data” is data collected within the Equipment or via software relating to the Equipment, its performance, location, or operators. “Transportation Surcharge” is a charge intended to defray a wide range of transportation expenses (both direct and indirect), which are not always fully recovered by other transportation charges. 2) TERMS. Customer’s execution of this Contract or taking possession of the Equipment (whichever occurs first) shall be deemed acceptance of the terms herein for this and all past and future contracts between Vertekl and Customer upon Customer’s receipt of Vertekl’s Equipment under those contracts. Customer rents the Equipment from Vertekl pursuant to this Contract, which is a true lease. The Equipment (a) is and shall remain the personal property of Vertekl and (b) shall not be affixed to any other property. Customer shall not pledge or encumber the Equipment in any manner. 3) PERMITTED USE. Customer agrees and warrants that (a) Vertekl has no control over the manner in which the Equipment is operated during the Rental Period by Customer or any third party that Customer implicitly or explicitly permits, (b) prior to each use and its return to Vertekl, Customer shall inspect the Equipment to confirm that the Equipment is in good condition, without defects, readable decals are on the Equipment, and the Equipment is suitable for Customer’s intended use; (c) Customer has access to and reviews the operating and safety instructions and will operate the Equipment in accordance with the manufacturer’s instructions and with applicable safety equipment; (d) any apparent agent at the Site Address is authorized to accept delivery of the Equipment (and if Customer requests, Customer authorizes Vertekl to leave the Equipment at the Site Address without requirement of written receipt); (e) Customer shall immediately stop use and notify Vertekl if the Equipment is damaged, unsafe, disabled, malfunctioning, warning lights come on, levied upon, threatened with seizure, Lost, or if any Incident occurs; (f) Customer has received from Vertekl all information needed or requested regarding the operation of the Equipment; (g) Vertekl is not responsible for providing operator or other training unless Customer specifically requests in writing and Vertekl agrees to provide such training (Customer being responsible to obtain all training that Customer desires prior to the Equipment’s use); (h) Vertekl is not responsible for Customer’s obligation to provide reasonable accommodation(s) to any (disabled) Authorized Individual(s); (i) only Authorized Individuals shall use and operate the Equipment, however Customer is responsible for the Equipment and its use during the Rental Period regardless of the user; (j) the Equipment shall be used and maintained in a careful manner, within the Equipment’s capacity and in compliance with all applicable laws, regulations, as well as all operating and safety instructions provided on, in or with the Equipment and all applicable federal, state and local laws, permits and licenses, including but not limited to, OSHA and ADA, as revised; (k) the Equipment shall be kept in a secure location; and (l) Customer shall provide Vertekl with accurate and complete information, which Vertekl relies upon to provide the appropriate Equipment to Customer. 4) PROHIBITED USE. Customer shall not (a) alter or cover up any decals or insignia on the Equipment, remove any operating or safety equipment or instructions or alter or tamper with the Equipment; (b) assign its rights under this Contract; (c) move the Equipment from the Site Address without Vertekl’s written consent; (d) use the Equipment in a negligent, illegal, unauthorized or abusive manner; or (e) publicize use of the Equipment in any manner (including, without limitation, print, audiovisual or electronic); or (f) allow the use of the Equipment by anyone other than Authorized Individuals (Customer acknowledging that the Equipment may be dangerous if used improperly or by untrained parties); (g) Sub-leasing and/or subletting is strictly prohibited. 5) MAINTENANCE. Customer shall perform routine maintenance on the Equipment, including routine inspections and maintenance of fuel and oil levels, grease, cooling and fluid systems, batteries, tires/tracks cutting edges, and cleaning in accordance with the manufacturer’s specifications, as applicable. All other maintenance or repairs may only be performed by Vertekl or its agents, but Vertekl has no responsibility during the Rental Period to inspect or perform any maintenance or repairs unless Customer requests a service call. If Vertekl determines that repairs to the Equipment are needed, other than Ordinary Wear and Tear, Customer shall pay the full repair charges, additional fees, if any, and rental of the Equipment until the repairs are completed. If Equipment is stolen or damaged, Customer will be responsible for the FMV of the Equipment, including sales tax, as applicable. Vertekl has the right to inspect the Equipment wherever located. Customer has the authority to and hereby grants Vertekl and its agents the right to enter the physical location of the Equipment for the purposes set forth herein. Vertekl shall be responsible for repairs needed because of Ordinary Wear and Tear. Customer agrees to pay for damages caused to the equipment and/or accessories from whatever cause arising including but not limited to failure to properly lubricate, maintain or operate the equipment and damages or excessive wear to blades, bits, buckets, tires and tracks. These responsibilities continue until the equipment and/or accessories are physically transferred back to Vertekl, as stated above and on the reverse side. Customer agrees that repair or replacement of the Equipment is Customer’s exclusive remedy for Vertekl’s breach of this Section. Notwithstanding Vertekl’s service commitment, if Customer breaches this Contract, Vertekl shall have no obligation to stop the Rental Period, commence repairs or rent other equipment to Customer until Customer or its agent agrees to pay for such charges. 6) CUSTOMER LIABILITY. DURING THE RENTAL PERIOD, CUSTOMER ASSUMES ALL RISK ASSOCIATED WITH THE POSSESSION, CONTROL OR USE OF THE EQUIPMENT, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, DEATH, RENTAL CHARGES, THEFT, LOSSES, DAMAGES, DESTRUCTION, AND MYSTERIOUS DISAPPEARANCE INCLUDING CUSTOMER TRANSPORTATION, LOADING AND UNLOADING, WHETHER OR NOT THE CUSTOMER IS AT FAULT. The Customer must take all possible care of the equipment and accessories rented and agrees to pay Vertekl the full invoiced amount for their loss or damage whether by: fire, loss, theft, vandalism, non-accidental acts, mysterious disappearance, or otherwise, whether or not such loss or damage results from the negligence of the Customer and reasonable compensation for loss of rental income until any replacement, repair or restoration is complete. The Customer agrees to pay for a substitute model acceptable to Vertekl should the identical model no longer be available. After an Incident, Customer shall (a) immediately notify Vertekl, the police, if necessary, and Customer’s insurance carriers; (b) secure and maintain the Equipment and the surrounding premises in the condition existing at the time of such Incident, until Vertekl or its agents investigate; (c) immediately submit copies of all police or other third party reports to Vertekl; and (d) as applicable, pay Vertekl, in addition to other sums due herein, the rental rate for Equipment until the repairs are completed or Equipment replaced plus either (i) the FMV or (ii) the full charges of recovery and repairs of damaged Equipment. Accrued rental charges shall not be applied against these amounts. Vertekl shall have the immediate right, but not obligation, to reclaim any Equipment involved in any Incident. 7) NO WARRANTIES. VERTEKL DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE EQUIPMENT, ITS DURABILITY, CONDITION, MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR ANY PARTICULAR PURPOSE. CUSTOMER ACKNOWLEDGES ACCEPTANCE OF THE EQUIPMENT ON AN “AS IS, WHERE IS” BASIS, WITH “ALL FAULTS” AND WITHOUT ANY RECOURSE WHATSOEVER AGAINST VERTEKL ENTITIES. CUSTOMER ASSUMES ALL RISKS ASSOCIATED WITH THE EQUIPMENT AND RELEASES VERTEKL ENTITIES FROM ALL LIABILITIES AND DAMAGES (INCLUDING LOST PROFITS, PERSONAL INJURY, AND SPECIAL, INCIDENTAL AND CONSEQUENTIAL DAMAGES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES) IN ANY WAY CONNECTED WITH THE EQUIPMENT, ITS INSTALLATION, OPERATION OR USE OR ANY DEFECT OR FAILURE THEREOF, A BREACH OF VERTEKL’S OBLIGATIONS HEREIN OR ERRORS OR INACCURACIES IN INFORMATION OBTAINED FROM CUSTOMER OR THIRD PARTIES, UPON WHICH VERTEKL RELIES; PROVIDED HOWEVER, IF CUSTOMER IS A CONSUMER UNDER APPLICABLE LAW, THEN NO CONSEQUENTIAL DAMAGES LIMITIATION OF INJURIES TO PERSONS SHALL APPLY. 8) RELEASE AND INDEMNIFICATION. TO THE FULLEST EXTENT PERMITTED BY LAW, CUSTOMER INDEMNIFIES, RELEASES, HOLDS VERTEKL, AND ITS ENTITIES, OFFICERS, DIRECTORS, AGENTS, EMPLOYEES, AND PARTNERS HARMLESS AND AT VERTEKL’S REQUEST, DEFENDS VERTEKL ENTITIES (WITH COUNSEL APPROVED BY VERTEKL), AGAINST/FROM ANY AND ALL LIABILITIES, SUITS, CLAIMS, DAMAGES, LOSSES, LIABILITIES, DISBURSEMENTS (INCLUDING UPON DEATH, PERSONAL INJURIES, AND/OR PROPERTY DAMAGE, INCLUDING LOSS OF USE THEREOF) AND EXPENSES (INCLUDING ATTORNEY’S AND/OR LEGAL FEES AND EXPENSES) HOWEVER ARISING OR INCURRED, RELATED TO ANY INCIDENT, DAMAGE TO PROPERTY, INJURY OR DEATH OF ANY PERSON, CONTAMINATION OR ALLEGED CONTAMINATION, OR VIOLATION OF LAW OR REGULATION CAUSED BY OR CONNECTED WITH THE (a) ACCESS, USE, POSSESSION OR CONTROL OF THE EQUIPMENT BY CUSTOMER OR ANY THIRD PARTY THAT CUSTOMER IMPLICITLY OR EXPLICITLY PERMITS TO ACCESS, USE, POSSESS OR CONTROL THE EQUIPMENT DURING THE RENTAL PERIOD OR (b) BREACH OF THIS CONTRACT, WHETHER OR NOT CAUSED IN PART BY THE ACTIVE OR PASSIVE NEGLIGENCE OR OTHER FAULT OF ANY PARTY INDEMNIFIED HEREIN AND ANY OF THE FOREGOING ARISING OR IMPOSED IN ACCORDANCE WITH THE DOCTRINE OF STRICT OR ABSOLUTE LIABILITY. CUSTOMER ALSO AGREES TO WAIVE ITS WORKERS’ COMPENSATION IMMUNITY, TO THE EXTENT APPLICABLE OR (c) brought against any of the Indemnitees by any person or entity, arising out of or in connection with or as a result or consequence of the use of the Equipment. Customer expressly agrees that this Agreement contemplates OR (d) full indemnity in the event of liability imposed against the Indemnitees without negligence OR (e) partial indemnity in the event of any actual negligence on the part of the Indemnitees either causing or contributing to the underlying claim which negligence is expressly excepted from Customer’s obligation to indemnify.. CUSTOMER’S INDEMNITY OBLIGATIONS SHALL SURVIVE THE EXPIRATION OR TERMINATION OF THIS CONTRACT. All of Customer’s indemnification obligations under this paragraph shall be joint and several. 9) INSURANCE. With respect to the use of the Equipment, and prior to the commencement of the use of the Equipment, Customer shall purchase and maintain insurance of the following types of coverage and limits of liability, to be maintained for the duration of this Agreement. During the Rental Period, Customer shall maintain, at its own expense, the following minimum insurance coverage: (a) commercial general liability insurance provided on a current ISO occurrence form of at least $1,000,000 per occurrence and $2,000,000 in the aggregate, including coverage for Customer’s contractual liabilities herein such as the release and indemnification clause contained in Section 8; (b) umbrella/excess liability insurance providing coverage excess to, and at least as broad as, the Commercial General Liability insurance coverage detailed above, with limits of $5,000,000 per occurrence; (c) worker’s compensation insurance as required by statute in the state in which the Work will take place; and (d) automobile liability insurance (including comprehensive and collision coverage, and uninsured/underinsured motorist coverage), in the same amounts set forth in subsections (a) and (b), if the Equipment is to be used on any roadway. (e) employer’s liability insurance with limits of at least $1,000,000 per accident; and (f) The Commercial General Liability and Umbrella/Excess Liability insurance shall name the Indemnitees as additional insureds, on a primary and non-contributory basis. To the fullest extent permitted by law, all insurance Customer furnishes shall include a waiver of subrogation in favor of the Indemnitees. Such policies shall be primary, non-contributory, on an occurrence basis, contain a waiver of subrogation, name Vertekl and its agents as an additional insured (including an additional insured endorsement) and loss payee, and provide for Vertekl to receive at least 30 days prior written notice of any cancellation or material change. Any insurance that excludes boom damage or overturns is a breach. Customer shall provide Vertekl with certificates of insurance to info@Vertekl.com evidencing the coverages required above prior to any rental and any time upon Vertekl’s request. To the extent Vertekl entities carry any insurance, Vertekl entities’ insurance will be considered excess insurance. The insurance required herein does not relieve Customer of its responsibilities, indemnification, or other obligations provided herein, or for which Customer may be liable by law or otherwise. 10) RENTAL PROTECTION PLAN. Customer’s repair or replacement responsibility in Sections 5 and 6 of this Contract is modified by the RPP, if offered on the Equipment, and Vertekl shall limit the amount Vertekl collects from Customer for the Equipment loss, damage or destruction to the following amounts for each piece of Equipment, per each occurrence: (a) 10% of the FMV for Lost Equipment, up to a maximum of $500 per piece of Equipment; (b) 10% of the repair charges for incidental or accidental damage to Equipment, up to a maximum of $500 per piece of Equipment; (c) charges in excess of $50 per tire for tire repairs; and (d) nothing for the rental charges which would otherwise accrue during the period when damaged or destroyed Equipment is being repaired or replaced by Vertekl or Lost Equipment is being replaced; provided however, the foregoing RPP liability reduction only applies if the Conditions (defined below) are satisfied and an Exclusion (defined below) does not apply. The RPP is NOT INSURANCE and does NOT protect Customer from liability to Vertekl or others arising out of possession, control or use of the Equipment, including injury or damage to persons or property. THE RPP IS A CONTRACTUAL MODIFICATION OF CUSTOMER’S LIABILITY. All of the following “Conditions” must be satisfied for the RPP and the corresponding liability reduction to apply: (i) Customer accepts the RPP in advance of the rental; (ii) Customer pays 15% of the gross rental charges as the fee for the RPP (plus applicable taxes); (iii) Customer fully complies with the terms of this Contract; (iv) Customer’s account is current at the time of the loss, theft, damage or destruction of the Equipment; and (v) none of the Exclusions apply. Customer assumes the Exclusion risks, meaning that if any Exclusion occurs, the RPP does NOT reduce the liability of Customer to Vertekl for the loss, theft, damage or destruction resulting from such Exclusion. “Exclusions” shall mean loss, theft, damage or destruction of the Equipment: (A) due to intentional misuse; (B) caused by Lost Equipment not reported by Customer to the police within 48 hours of discovery, and substantiated by a written police report (promptly delivered to Vertekl); (C) due to floods, water level changes, wind, storms, earthquakes or Acts of God; and (D) accessories or Equipment for which Customer is not charged the RPP fee. THE EXCLUSIONS REMAIN THE LIABILITY OF CUSTOMER AND ARE NOT MODIFIED BY THE RPP. RPP IS REFLECTED ON THIS CONTRACT AS PART OF CUSTOMER’S ESTIMATED CHARGES UNLESS CUSTOMER HAS ELECTED TO DECLINE RPP IN WRITING, FAILS TO PAY THE RPP FEE OR MADE OTHER CONTRACTUAL ARRANGEMENTS WITH VERTEKL. Notwithstanding anything to the contrary in this Contract, if Lost Equipment is later recovered, Vertekl retains ownership of the Equipment regardless of any payments made by Customer or Customer’s insurance company with respect to such Equipment, all of which payments are non-refundable. Customer agrees to promptly return any Equipment that is recovered. Vertekl shall be subrogated to Customer’s rights to recover against any person or entity relating to any loss, theft, damage or destruction to the Equipment. Customer shall cooperate with, assign Vertekl all claims and proceeds arising from such loss, theft, damage or destruction, execute and deliver to Vertekl whatever documents are required and take all other necessary steps to secure in Vertekl such rights, at Customer’s expense. 11) RENTAL RATES. The total charges specified in this Contract are: (a) estimated based upon Customer’s representation of the estimated Rental Period identified herein (rental rates beyond the estimated Rental Period may change) and other information conveyed by Customer to Vertekl; and (b) for the Equipment’s use for One Shift, unless otherwise noted. Weekly and 4-week rental rates shall not be prorated. Rental charges accrue during Saturdays, Sundays and holidays. The rental rates do not include and Customer is responsible for, (i) all consumables, fees, licenses, present and future taxes and any other governmental charges based on Customer’s possession and/or use of the Equipment, including additional fees for more than One Shift use; (ii) delivery and pickup charges to and from the Store, including but not limited to any freight, transportation, delivery, pickup and surcharge fees listed in this Contract; (iii) maintenance, repairs and replacements to the Equipment as provided herein; (iv) a cleaning fee if required; (v) miscellaneous charges, such as fees for lost keys, RPP, costs to recover Equipment, emergency mobilization or store opening; (vi) fuel used during the Rental Period and for refueling Equipment as described below; (vii) fines for use of dyed diesel fuel in on-road Equipment; and (viii) an Environmental Services Charge (see www.Vertekl.com/environmentalfee) and (ix) Transportation Surcharge (see www.Vertekl.com/surcharge). The convenience charge for off road diesel fuel does not include governmental motor fuel taxes or charges. Vertekl collects these fees as revenue and uses them at its discretion. 12) PAYMENT. Customer shall pay for the rental of Equipment, sale of Equipment, materials and all other items and services identified in this Contract and all other amounts due, without any offsets, in full, in advance at the time of rental. Customer must notify Vertekl in writing of any disputed amounts, including credit card charges, within 15 days after the receipt of the invoice/contract or Customer shall be deemed to have irrevocably waived its right to dispute such amounts. At Vertekl’s discretion, any account with a delinquent balance may be placed on a cash basis, deposits may be required and the Equipment may be picked up without notice. Due to the difficulty in fixing actual damages caused by late payment, Customer agrees that a service charge equal to the lesser of 3% per month or the maximum rate permitted by law shall be assessed on all delinquent accounts, until paid in full. Customer shall reimburse Vertekl for all costs incurred in collecting any late payments, including, without limitation, attorneys’ fees. Payment of any late charge does not excuse Customer of any default under this Contract. Customer shall pay a fee of $100 for each check returned for lack of sufficient funds to compensate Vertekl for its overhead for processing missed payment. Deposits will only be returned after all amounts are paid in full. CUSTOMER AGREES THAT IF A CREDIT OR DEBIT CARD IS PRESENTED TO PAY FOR CHARGES OR TO GUARANTEE PAYMENT, CUSTOMER AUTHORIZES VERTEKL TO CHARGE THE CREDIT OR DEBIT CARD ALL AMOUNTS SHOWN ON THIS CONTRACT AND CHARGES SUBSEQUENTLY INCURRED BY CUSTOMER, INCLUDING BUT NOT LIMITED TO, LOSS OF OR DAMAGE TO THE EQUIPMENT AND EXTENSION OF THE RENTAL PERIOD. Vertekl may impose a surcharge of 3% for credit card payments on charge accounts. This surcharge is not greater than Vertekl’s merchant discount rate for credit card transactions and is subject to sales tax in some jurisdictions. 13) RETURN OF EQUIPMENT. Vertekl may terminate this Contract at any time, for any reason. The Equipment shall be returned to Vertekl (when needed for inspections, maintenance and at the end of the Rental Period) in the same condition it was received, less Ordinary Wear and Tear and free of any hazardous materials and contaminants. Customer will return the Equipment at the end of the Rental Period, but will continue to be responsible for rental and other charges after the Rental Period if the Equipment is not returned in the condition required herein. If Vertekl delivered the Equipment to Customer, Customer shall notify Vertekl that the Equipment is ready to be picked up at the Site Address and obtain a Pick-Up Number, which Pick-Up Number Customer should keep as proof of the call; provided Customer remains liable for any loss, theft, damage to or destruction of the Equipment until Vertekl confirms that the Equipment is returned in the condition required herein. Customer will not be charged the rental charges after the date the Pick-Up Number is given, provided Customer has otherwise complied with this Contract. No pickups occur on Saturdays, Sundays or holidays. If Customer picked up Equipment, Customer shall return Equipment to the same Store during that Store’s normal business hours. If the Equipment is not returned by the estimated end of the Rental Period specified earlier, Customer agrees to pay the applicable rental rate for the Equipment until the end of the Rental Period. 14) PURCHASES. If this Contract identifies any Equipment, materials or other items that is to be purchased by Customer, Vertekl sells and delivers such items to Customer on an “AS IS, WHERE IS” basis, with all faults and without any warranties (other than manufacturer warranties, if any) in consideration for Customer’s payment to Vertekl of the full purchase price of the item, Vertekl retains title to the item until Customer has paid in full. All returns must be pre-authorized and are subject to a 25% restocking charge (minimum $10). No returns will be allowed after 10 days of receipt of merchandise. All returns must be returned freight prepaid. Propane tanks returned full are subject to a 50% restocking charge. Special order items are not returnable for credit. 15) DEFAULT. Customer shall be in default if Vertekl deems itself insecure or if Customer: (a) fails to pay sums when due; (b) breaches any Section of this Contract; (c) becomes a debtor in a bankruptcy proceeding, goes into receivership, takes protection from its creditors under any insolvency legislation, ceases to carry on business, or has its assets seized by any creditor; (d) fails to insure the Equipment as required, or otherwise places the Equipment at risk; (e) fails to return Equipment immediately upon Vertekl’s demand; or (f) is in default under any other contract with Vertekl. If a Customer default occurs, Vertekl shall have, in addition to all rights and remedies at law or in equity, the right to repossess the Equipment without judicial process or prior notice. Customer shall pay all of Vertekl’s costs, including reasonable costs of collection, court costs, attorneys and legal fees, incurred in exercising any of its rights or remedies herein. Vertekl shall not be liable due to seizure of Equipment by order of governmental authority. CUSTOMER WAIVES ANY RIGHT OF ACTION AGAINST VERTEKL ENTITIES FOR SUCH REPOSSESSION. 16) CRIMINAL WARNING. The use of false identification to obtain Equipment or the failure to return Equipment by the end of the Rental Period may be considered theft, subject to criminal prosecution and civil liability where permitted, pursuant to applicable laws. 17) ENVIRONMENTAL SERVICES CHARGE. To promote a clean and sustainable environment, Vertekl takes various measures to comply with applicable environmental regulations, as well as with Vertekl’s own policies. Vertekl also incurs a wide range of environmental related expenses (both direct and indirect). These expenses may include services such as waste disposal, construction and maintenance of cleaning facilities, acquisition of more fuel-efficient equipment, as well as, labor costs, administration costs, etc. To help offset these and other costs, Vertekl assesses an Environmental Services Charge, plus applicable taxes thereon in connection with certain rentals. The Environmental Services Charge is not a tax or governmentally mandated charge and is not designated for any particular use or placed in an escrow account, but is a charge that Vertekl collects as revenue and uses at its discretion. 18) FUEL. For Equipment that uses fuel, Customer has three options: (a) Prepay Fuel Option – Customer may purchase a full tank of fuel for the Equipment at the start of the rental, in which case a “convenience charge” will appear on this Contract (calculated by multiplying the estimated fuel capacity of Equipment by the Prepay per gallon rate). As an added benefit, Customer may return the Equipment full of fuel and the convenience charge will be refunded (however, if not returned full, Customer will not obtain any credit for fuel left in the Equipment upon return); (b) Pay on Return Option – if Customer returns Equipment with less fuel than when received, Customer shall pay a refueling charge (calculated by multiplying gallons required to refill tank with fuel to level when received, by the Pay on Return per gallon rate); and (c) Return Full Option – if Customer returns the Equipment with at least as much fuel as when it was received (most Vertekl Equipment comes with a full tank of fuel, but not all), no fuel charge will be assessed. The cost of Customer refueling Equipment itself will generally be lower than the Prepay Fuel Option or the Pay on Return Option; however, these options each allow for the convenience of not refueling. Customer agrees that none of these options are a retail sale of fuel. 19) LIMITATION OF VERTEKL’S LIABILITY. IN CONSIDERATION OF THE RENTAL OF EQUIPMENT, CUSTOMER AGREES THAT VERTEKL’S LIABILITY UNDER THIS CONTRACT, INCLUDING ANY LIABILITY ARISING FROM VERTEKL’S, VERTEKL ENTITIES, OR ANY THIRD PARTY’S COMPARATIVE, CONCURRENT, CONTRIBUTORY, PASSIVE OR ACTIVE NEGLIGENCE OR THAT ARISES AS A RESULT OF ANY STRICT OR ABSOLUTE LIABILITY, SHALL NOT EXCEED THE TOTAL RENTAL CHARGES PAID BY CUSTOMER UNDER THIS CONTRACT. 20) JURY TRIAL WAIVER. IN ANY DISPUTE ARISING OUT OF, IN CONNECTION WITH, OR IN ANY WAY PERTAINING TO THIS CONTRACT, CUSTOMER AND VERTEKL HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT TO A TRIAL BY JURY, THIS WAIVER BEING A MATERIAL INDUCEMENT TO ENTERING INTO THIS CONTRACT. 21) ARBITRATION AGREEMENT & CLASS ACTION WAIVER. AT THE ELECTION OF CUSTOMER OR VERTEKL, ANY DISPUTE ARISING OUT OF, IN CONNECTION WITH OR IN ANY WAY PERTAINING TO THIS CONTRACT SHALL BE SETTLED BY ARBITRATION BROUGHT IN THE PARTY’S INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF IN A PURPORTED CLASS OR REPRESENTATIVE CAPACITY, ADMINISTERED BY THE AMERICAN ARBITRATION ASSOCIATION UNDER ITS COMMERCIAL ARBITRATION RULES OR BY JAMS PURSUANT TO ITS STREAMLINED ARBITRATION RULES AND PROCEDURES AND JUDGEMENT ON THE AWARD RENDERED BY THE ARBITRATOR(S) MAY BE ENTERED IN ANY COURT HAVING JURISDICTION THEREOF. THERE SHALL BE NO RIGHT OR AUTHORITY FOR ANY CLAIMS TO BE ARBITRATED OR TRIED ON A CLASS ACTION BASIS. 22) TERMINATION OF CONTRACT. Vertekl may without prejudice to any of its rights and recourses under this contract of the law, terminate this contract without notice if the Customer is late in the payment of the rent or any other sum payable hereunder, or fails to observe or perform any of its other obligations hereunder, or if a proceeding is filed by or against the Customer under the Bankruptcy Law or if the Customer passes a resolution for winding up. From then on, the Customer shall no longer be in possession of the equipment with the consent of Vertekl. The Customer shall forthwith at its own expense return the equipment to Vertekl at 200 David Ct, Calverton, NY 11933. In the event that the Customer fails to do so, Vertekl may then without notice or delay retake possession of the equipment and for that purpose enter upon any premises to remove the equipment. Furthermore, the Customer must pay immediately to Vertekl all of the rent, amounts or reimbursements due and to become due hereunder, all of the damages incurred by Vertekl by reason of the Customer’s breach and interest, including 125% of all expenses incurred by Vertekl in enforcing this contract. The Customer hereby renounces any right or claim whatsoever in consequence of Vertekl acting as aforesaid, including but not limited to: any loss, damage, expense, or loss of revenue or profit caused to Vertekl as a consequence of not having the use or benefit of the equipment and/or accessories removed by Vertekl and/or its representatives. 23) COLLECTION OF DATA. Customer consents to the collection, use and disclosure of the data and information Customer voluntarily provides to Vertekl, including personal identifiable information and financial information, as well as the Telematics Data collected from the Equipment, as described in our Privacy Policy found at www.Vertekl.com/privacypolicy. 24) GOVERNING LAW. The Parties expressly and irrevocably agree: (a) this Contract, including any related tort claims, shall be governed by the laws of New York, without regard to any conflicts of law principles and (b) if any Section of this Contract is prohibited by any law, such Section shall be ineffective to the extent of such prohibition without invalidating the remaining Sections. 25) FORCE MAJEURE. Vertekl shall not be liable or responsible to the Customer, nor be deemed to have defaulted under or breached this Contract, for any failure or delay in fulfilling or performing any term of this Contract when and to the extent such failure or delay is caused by or results from acts beyond Vertekl’s control, including, without limitation, the following force majeure events (“Force Majeure Event(s)”): (a) acts of God; (b) flood, fire, earthquake, epidemics, pandemics or explosion; (c) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civil unrest; (d) government order, law, regulations, shutdowns, or actions; (e) embargoes or blockades in effect on or after the date of this Contract; (f) national or regional emergency; (g) strikes, labor stoppages or slowdowns, or other industrial disturbances; (h) shortage of adequate power or transportation facilities; and (i) other events beyond the control of Vertekl. 26) MISCELLANEOUS. This Contract constitutes the entire agreement of the Parties regarding the Equipment and may not be modified except by written amendment signed by the Parties. The nullity of any one or more of the provisions of this contract shall not annul the other provisions thereof. Removal of the Equipment from the United States (“U.S.”) is prohibited under this Contract. No forbearance or indulgence by Vertekl in enforcing any of the terms and conditions of this contract or granting of time by Vertekl to the Customer shall prejudice or affect the rights of Vertekl hereunder. Any reference in Customer’s purchase order or other Customer document to other terms that shall control this transaction shall be void. This Contract benefits solely the Parties and their respective permitted successors and assigns and nothing in this Contract, express or implied, confers on any other person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Contract. Customer’s obligations hereunder shall survive the termination of this Contract. If any term is invalid, illegal, or unenforceable, such invalidity, illegality, or unenforceability shall not affect any other term or invalidate or render unenforceable such term. This Contract and all of Customer’s rights in and to the Equipment are subordinate to all rights, title and interest of all persons (including Vertekl’s lenders) who have rights in the Equipment. Headings are for convenience only. To the extent that any terms in this Contract conflict, the Parties agree that the more specific terms control. A copy of this Contract shall be valid as the original. Any failure by Vertekl to insist upon strict performance of any Section of this Contract shall not be construed as a waiver of the right to demand strict performance in the future. Customer and the person signing this Contract agree, represent and warrant that: (a) the person executing is 18 or older and they both have full authority to execute, deliver and perform this Contract; and (b) this Contract constitutes a legal, valid and binding obligation of Customer, enforceable in accordance with its terms. If the Parties have a fully executed, active agreement, intended to govern over conflicting terms and conditions, such agreement shall take precedence over the terms herein.