Rental Terms and Conditions

1.Rental Payment: The customer agrees to pay the rental fees for the equipment listed above as specified. All payments are due within 30 days of the invoice date. The rental period begins when the equipment is delivered to the customer and ends either on the date the customer requests pickup or when the equipment is actually picked up.

2.Start Date: The rental period begins during the week of delivery. Extensions will be billed on a monthly basis if needed. This agreement becomes valid only when signed by authorized representatives from both parties before delivery.

3.Equipment Location: Equipment will be delivered to the address listed as the “Equipment Location” on the front page and should not be moved from this location without written consent from EighteenMedical. If no location is specified, the billing address will serve as the default “Equipment Location.” EighteenMedical reserves the right to inspect equipment at reasonable times, and the customer must provide access for any maintenance, upgrades, or repairs as needed.

4.Dispute Resolution for Invoices: If there is a dispute regarding any invoice (e.g., rental rate, delivery or pickup date), the customer must submit the dispute in writing within 30 days of the invoice date. Failure to do so within this period implies the customer accepts the invoice as accurate.

5.Ownership: The title and ownership of the equipment remain with EighteenMedical. The customer only has usage rights as outlined in this agreement and must keep the equipment free from liens or claims. The customer assumes responsibility for any risk of loss, damage, or theft of the equipment from delivery until its return. The equipment should be returned in its original condition, excluding normal wear and tear. In the event of loss, the customer must compensate EighteenMedical based on the equipment’s fair market value.

6.Taxes: The customer is responsible for any local, state, or federal taxes related to the equipment rental, possession, or use, excluding taxes based on EighteenMedical’s income.

7.Assignment: The customer may not transfer or assign any part of this rental agreement or the equipment itself without prior written consent from EighteenMedical. EighteenMedical may assign the agreement or lien on the equipment at any time without notifying the customer.

8.Late Fees: Interest will be charged on overdue payments from the due date until payment is made, at a rate of 1.5% per month or the maximum legal rate.

9.Default: If the customer fails to make a payment or meet other obligations within 10 days, EighteenMedical may: A. Reclaim possession of the equipment without ending the customer’s obligations under the agreement. B. Recover any outstanding rental payments and additional charges from the customer, with or without reclaiming the equipment.

10.Legal Fees: The customer agrees to cover EighteenMedical’s costs and reasonable legal fees if enforcement of any agreement terms becomes necessary.

11.Insurance: The customer will maintain insurance to cover any potential physical damage or liability for the equipment. Policies should include both EighteenMedical and the customer as beneficiaries, with coverage set at the equipment’s replacement value. Insurers must notify EighteenMedical at least 20 days before any policy changes or cancellations. The customer will provide proof of insurance upon request.

12.Indemnity and Compliance: The customer agrees to indemnify EighteenMedical and its representatives against any claims arising from equipment use, except those caused solely by EighteenMedical’s negligence. The customer must comply with all applicable local, state, and federal laws, including any reporting requirements related to discounts received.

13.Jurisdiction: This agreement is governed by Connecticut law, with exclusive jurisdiction for disputes in federal or state court in Hartford County, Connecticut.

14.Shipping: The customer bears shipping costs, billed in the first and final rental months. For long-term rentals, EighteenMedical may cover shipping and handling costs.

15.Entire Agreement: This document is the complete agreement between the parties on the subject matter. Changes require a signed written agreement from both parties. Any waiver requires written consent from EighteenMedical. If there are multiple renters, each party is jointly and individually liable. The customer agrees to sign any additional documents or authorize any actions needed to protect EighteenMedical’s interests. The signatory acknowledges full authorization to sign on the customer’s behalf.