EQUIPMENT HIRE AGREEMENT

1. PARTIES

This Agreement is made on the 14th day of March, 2024.

Between:

The Owner: Apex Construction Supplies Pty Ltd ABN: 12 345 678 901 Address: 25 Builder Street, Parramatta NSW 2150 (“the Owner”)

And:

The Hirer: Smith & Sons Landscaping ABN: 98 765 432 109 Address: 12 Garden Lane, Blacktown NSW 2148 (“the Hirer”)

2. EQUIPMENT

The Owner agrees to hire to the Hirer the equipment described in Schedule 1 (“the Equipment”).

3. HIRE PERIOD

The hire period will commence at 8:00 am on 15 March, 2024 and will conclude at 5:00 pm on 22 March, 2024.

Time is of the essence. The Hirer must return the Equipment by the conclusion time. Any delay may incur additional charges at the rate of $50.00 per hour or part thereof.

4. HIRE CHARGES

The Hirer agrees to pay the Owner the hire fees as set out in Schedule 1.

5. BOND AND PAYMENT

The Hirer must pay a security bond of $500.00 prior to taking possession of the Equipment. This bond may be used by the Owner to cover any damage, loss, or unpaid fees.

Payment of the hire fees is due within 7 days of the invoice date.

6. CONDITION OF EQUIPMENT

The Hirer acknowledges that they have inspected the Equipment and found it to be in good working order and condition, save for any defects noted in Schedule 1.

7. INSURANCE

Option A (Hirer insures): The Hirer must maintain insurance for the Equipment for the full value of $25,000.00 against loss, theft, and damage for the duration of the hire period. The Hirer must provide the Owner with a certificate of currency prior to collection.

8. OBLIGATIONS OF THE HIRER

The Hirer agrees to: a) Use the Equipment only for its intended purpose and in a proper and workmanlike manner. b) Not remove any safety guards or warning labels from the Equipment. c) Not repair or alter the Equipment without the written consent of the Owner. d) Keep the Equipment clean and secure when not in use. e) Not allow any other person to use the Equipment without the Owner’s written permission.

9. LIABILITY AND INDEMNITY

The Hirer is liable for any loss, damage, or theft of the Equipment occurring during the hire period.

The Hirer agrees to indemnify and keep indemnified the Owner against any and all claims, liabilities, losses, damages, costs, and expenses (including legal fees) arising out of or in connection with the use of the Equipment by the Hirer.

10. MAINTENANCE AND REPAIRS

The Hirer must notify the Owner immediately of any fault or breakdown of the Equipment.

Routine servicing and maintenance required due to normal wear and tear are the responsibility of the Owner. Repairs required due to negligence, misuse, or accident by the Hirer are the responsibility of the Hirer.

11. TERMINATION

The Owner may terminate this Agreement immediately by written notice if the Hirer breaches any term of this Agreement.

The Hirer may terminate this Agreement by giving 2 days written notice to the Owner. In such cases, the Hirer must return the Equipment and pay hire fees up to the date of return.

12. RETURN OF EQUIPMENT

Upon the conclusion of the hire period, the Hirer must return the Equipment to the Owner’s premises at 25 Builder Street, Parramatta NSW 2150.

The Owner will inspect the Equipment upon return. If the Equipment is returned in a clean, undamaged, and working condition, the Owner will refund the bond within 5 days.

13. GOVERNING LAW

This Agreement is governed by the laws of New South Wales. Any dispute shall be subject to the exclusive jurisdiction of the courts of that state.

SIGNED by the Owner:

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John Citizen Director

SIGNED by the Hirer:

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Adam Smith Director

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SCHEDULE 1 - EQUIPMENT DETAILS

Item Description	Make/Model	Serial Number	Condition Notes	Weekly Rate
Mini Skid Steer Loader	Bobcat S70	56789012	Minor dent on rear fender, tyres 60%	$450.00
4 in 1 Bucket	Generic	N/A	Good condition	Included