Agreement Date: ______________of______________________
BETWEEN:
Advertising Display Solutions
“The Lender”
AND
_________________________ “Trustee”
The purpose of this document is to formalize our understanding regarding Advertising Display Solutions intention to loan digital advertising device equipment to ________________________ and to set fort our mutual understanding regarding the care, custody and disposition of the digital device equipment. 1. Terms and Conditions of Equipment Loan A. Advertising Display Solutions will loan the digital equipment on the terms and condition of this agreement. B. The equipment loan period shall be from:
Start Date: __________________ End Date: ________________________
C. The loan period may be extended or terminated by written manual content of both parties.
D. No variation or amendment of this agreement will be effective unless it is sign by both parties.
E. As an incentive to facilitate the mounting of ADS equipment on you premises there will be a 1 year free
F. In the event current owner discontinued current operation, device remains the sole property of Advertising Display Solutions and can be reclaimed unless agreement is renewed.
advertising in addition to $100/mo. in compensation. 2. Current Location of Loaned equipment:
Trustee Name: __________________________________
Company’s Name: _______________________________
Address: _______________________________________
Phone: _______________________________________ By signing below trustee understand that this device equipment remains the property of Advertising Display Solutions and is available to trustee at no cost; however the device shall be used for the sole purpose of Advertising Display Solutions advertising and at the end of the term if contract isn’t renewed the device will be returned in its original condition, ordinary wear and tear accepted.
__ I have examined the device and it is in good and working condition, trustee promise to release equipment from this location by end date listed above.
Lender’s Signature: ____________________________ Trustee’s Signature: ____________________________ Print Name: ___________________________________
Additional Information: To view the Equipment Loan Policy for additional information, visit the Web at http://advertisingdisplaysolutions.com/equipmentloanpolicy.