IONTHRIVE HYDROGEN AND ALKALINE WATER MACHINE RENTAL AGREEMENT (Sample)
This Rental Agreement ("Agreement") is entered into by and between: Rentor: Impax World Inc. ("Company"), with a principal business address at 189 Blue Ravine Rd Suite #110, Folsom, CA 95762 and the "Renter" as listed below.
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Renter Name _________________________ Address ________________________________
Phone __________________________________
Email Address ____________________________
Effective Date: ______________________
1. Rental Equipment
The Company agrees to rent to Lessee the following equipment:
[Model Description: Ion Thrive Hydrogen or Alkaline Water Machine]
Includes: three-stage filtration system, maintenance guide, and optional installation service
2. Term
The rental term shall be indefinite from the Effective Date unless earlier terminated in accordance with this Agreement.
3. Pricing
Monthly Rental Fee: $89 per month
Downpayment: Nonrefundable $400 plus 1st rental fee
Optional Installation Fee: Table top $100 or “None if self-installed”
Payment Due Date: Monthly payments are due the day of the first rental and every 30 days thereafter. Late payments are subject to a late fee of $25 after a 5-day grace period.
Payments shall be made via automatic debit or credit card unless otherwise agreed in writing.
4. Ownership
The machine remains the sole property of the Company. Renter has no rights of ownership or resale unless a separate Lease-to-Own Addendum is signed.
5. Maintenance & Filters
The renter is responsible for replacing filters when prompted by the machine or at regular intervals according to manufacturer's instructions.
Renter is responsible for regular cleaning and filter changes as specified in the user manual.
Additional filters may be purchased directly from the Company for $89 each.
The Company is responsible for major repair and service unless damage is due to misuse or neglect.
6. Damage, Loss, or Misuse
Renter is responsible for the safe use of the machine.
In the event of damage, misuse, theft, or loss, Renter may be responsible for repair or replacement costs.
Normal wear and tear excluded.
7. The Company may terminate the agreement for non-payment or misuse with 10-day written notice.
8. Return of Equipment
The machine must be returned in reasonable working conditions, allowing for normal wear and tears. Excessive damage may result in some fees.
9. Digital Acceptance
Renter agrees that digital signatures and electronic confirmations of this Agreement shall be valid and enforceable. Digital acceptance of terms via email, e-signature platform, or web portal shall constitute binding acceptance.
10. Liability Disclaimer
The Company makes no medical claims. This machine is not intended to diagnose, treat, or cure any disease. Use is at the sole discretion of the customer. Refer to included product guide for safe usage.
11. Governing Law
This Agreement shall be governed by the laws of the State of California. Any disputes shall be resolved in the courts of Sacramento County, California.
IN WITNESS WHEREOF, the Parties agree to the above terms and conditions:
Customer Signature: _________________________ Date: __________
Impax World Inc: _________________________ Date: __________