Equipment Rental Agreement. 1. Introduction. Equipment rental made in [city] on [date] between [name], with offices at [address] (Company), and [name], located at [address] (Undersigned).

     2. Description of Rental Equipment. Company rents to Undersigned the Equipment described in Schedule A [omitted] annexed to this Equipment Rental Agreement and made a part of it.

     3. Term of Agreement. The term of this Agreement is for [number] [days] [weeks] [months] [years] commencing on [date] and terminating on [date].

     4. Extension of Term. The term of this Equipment Rental Agreement may be extended for an additional term of [number] [days] [weeks] [months] [years] starting with the termination date set out in Paragraph 3 of this Lease and ending on [date], provided Undersigned notifies the Company of Undersigned's intention to extend the term by registered or certified mail, return receipt requested, posted no later than [specify period] before the original term ends.

     5. Rental. Undersigned will pay the Company the rental for each piece of Equipment set out in Schedule A, including all increases in the rental during the extended term of this Agreement, which rental is also set out in Schedule A. The rent is to be paid in daily/weekly/monthly installments of ........ dollars ($........) each during the term, of ........ dollars ($........) thereafter until the term ends, and, if the term is extended in accordance with Paragraph 4, in monthly installments of ........ dollars ($........) during the daily/weekly/monthly additional term. The first daily/weekly/monthly payment is due on_