Re: Cooler Lease Agreement
Maverick Distribution LLC of 6210 Abbott Dr Omaha, NE 68110 (Hereinafter referred to as the Distributor) and {retailerStore} (Hereinafter referred to as the Retailer), enter into this lease agreement on {date}.
The Distributor hereby agrees to provide the Retailer a cooler model {coolerType} conditions at a monthly lease rate of $0.
Terms and Conditions:
- Retailer will only place Distributor's products in cooler per agreed upon cooler set which may change from time.
- Retailer must meet minimum average weekly total beverage purchases to qualify and maintain lease.
VR10 = 10cs/wk VR8 Slim = 5cs/wk GDM26 = 15cs/wk
Sway Gorilla Hemp
- Distributor will be responsible for minor repairs of machine due to normal wear & tear or malfunction. This includes but is not limited to cooler not heating/cooling properly, leaking, thermostat control problems. Unusual, excessive or equipment abuse will be billed at equipment replacement rate.
- Retailer will keep cooler clean including air/fan vents. Unusual & excessive use requiring additional sanitization service will be billed at the normal servicing rate.
- The minimum period of lease is one year and automatically renewed thereafter on its anniversary. During the period of the lease, the Agreement may be terminated with a 30 day notice.
- If cooler is destroyed or not returned to Distributor at end of lease, Retailer will pay Distributor current manufacture replacement cost for new cooler.
- The Distributor warrants that the installed cooler will be in good working order & condition.
- The Distributor agrees to make repairs, adjustments and replacement of worn parts and maintain the said cooler in good working order, but will not be responsible for any damage and/or bodily injury that may be caused by the said cooler or dispenser under any situations or circumstances.
- The said cooler shall at all times remain the property of the Distributor.
- The said Cooler shall be kept permanently at the physical address below and shall not be removed there from without the written consent of the Distributor and the Retailer shall not have the right to assign its interest in this Agreement without written consent of the Distributor.
RETAILER / COMPANY INFORMATION:
We/l hereby agree to the Terms & Conditions of this Agreement: