1.      DEFINITIONS. The following definitions are used in the Compact Construction Equipment, LLC (LESSOR) Terms and Conditions:

a.      “Lessor” refers to the Compact Construction Equipment, LLC, its agents, and its company officers.

b.     “Authorized Individuals” are those individuals that Customer directly or indirectly allows to use the Equipment, who must be properly trained to use the Equipment, at least 18 years old or the legal age of majority in the state, whichever is greater and are not under the influence of any drugs, alcohol, substances or otherwise impaired.

c.      “Customer” is identified earlier and includes any of your representatives, agents, officers, employees or anyone signing this Contract on your behalf.

d.     “Environmental Services Charge” is the charge described in Section 18.

e.      “Equipment” is the equipment and/or services identified on the other pages provided, together with all replacements, repairs, additions, attachments and accessories and all future Equipment rented.

f.        “Incident” is any fine, citation, theft, accident, casualty, loss, vandalism, injury, death or damage to person or property, claimed by any person or entity that appears to have occurred in connection with the Equipment.

g.      “Lost” means the Equipment is either stolen, its location is unknown, or Customer is unable to recover it for a period of 30 days.

h.      “FMV” is the Equipment’s fair market value on or about the date of the Incident relating to the Equipment, plus any administrative fees and expenses.

i.        “Single Shift” means not more than 8 hours per day, 40 hours per week and 160 hours every 4-week period, provided that double shift will be 150% (“Double Shift”) and triple shift will be 200% (“Triple Shift”) of the rental charge on Equipment with hour meters. 

j.        Ordinary Wear and Tear” means normal deterioration considered reasonable in the equipment rental industry for Single Shift use.

k.      “Party” means the Compact Construction Equipment, LLC or Customer and together both are the “Parties”.

l.        “Pick-Up Number” is the number Customer obtains from Compact Construction Equipment, LLC evidencing the Customer’s call to pick up Equipment.

m.   “Rental Period” commences when the Equipment is delivered to Customer or the Site Address and continues until the Equipment is returned to the Store or picked up by Compact Construction Equipment, LLC during normal business hours, provided Customer has otherwise complied with this Contract.

n.      “RPP” is the rental protection plan described in Section 11.

o.      “Site Address” is the location that Customer represents the Equipment will be located during the Rental Period identified earlier.

p.     “Store” is the Compact Construction Equipment, LLC location identified earlier.

q.     “Bobcat CCE” is  Compact Construction Equipment, LLC and its affiliated companies and brands, their respective officers, directors, employees and agents.

r.       “Telematics Data” is data collected within the Equipment or via software relating to the Equipment, its performance, location, or operators.

s.      “Transportation Surcharge” is a charge intended to defray a wide range of transportation expenses (both direct and indirect), which are not always fully recovered by other transportation charges.

t.       “RPO” is a rental contract with a purchase option described in section 10. The format and terms of the RPO are unique to each transaction and will be fully outlined on the rental quote and the rental contract.

2. TERMS.  Customer’s execution of this Contract or taking possession of the Equipment (whichever occurs first) shall be deemed acceptance of the terms herein for this and all past and future contracts between Lessor and Customer upon Customer’s receipt of Lessors Equipment under those contracts. Customer rents the Equipment from the Lessor pursuant to this Contract, which is a true lease. The Equipment (a) is and shall remain the personal property of the Lessor and (b) shall not be affixed to any other property. Customer shall not pledge or encumber the Equipment in any manner.

3. PERMITTED USE.  Customer agrees and warrants that (a) Lessor has no control over the manner in which the Equipment is operated during the Rental Period by Customer or any third party that Customer implicitly or explicitly permits, (b) prior to each use and its return to the Lessor, Customer shall inspect the Equipment to confirm that the Equipment is in good condition, without defects, readable decals are on the Equipment, and the Equipment is suitable for Customer’s intended use; (c) Customer has access to and reviews the operating and safety instructions and will operate the Equipment in accordance with the manufacturer’s instructions and with applicable safety equipment; (d) any apparent agent at the Site Address is authorized to accept delivery of the Equipment (and if Customer requests, Customer authorizes Lessor to leave the Equipment at the Site Address without requirement of written receipt); (e) Customer shall immediately stop use and notify the Lessor if the Equipment is damaged, unsafe, disabled, malfunctioning, warning lights come on, levied upon, threatened with seizure, Lost, or if any Incident occurs; (f) Customer has received from the Lessor all information needed or requested regarding the operation of the Equipment; (g) The Lessor is not responsible for providing operator or other training unless Customer specifically requests in writing and the Lessor agrees to provide such training (Customer being responsible to obtain all training that Customer desires prior to the Equipment’s use); (h) The Lessor is not responsible for Customer’s obligation to provide reasonable accommodation(s) to any (disabled) Authorized Individual(s); (i) only Authorized Individuals shall use and operate the Equipment, however Customer is responsible for the Equipment and its use during the Rental Period regardless of the user; (j) “Ordinary Wear and Tear”, the Equipment shall be used and maintained in a careful manner, within the Equipment’s capacity and in compliance with all applicable laws, regulations, as well as all operating and safety instructions provided on, in or with the Equipment and all applicable federal, state and local laws, permits and licenses, including but not limited to, OSHA and ADA, as revised; (k) the Equipment shall be kept in a secure location; and (l) Customer shall provide the Lessor with accurate and complete information, which Lessor relies upon to provide the appropriate Equipment to Customer.

4. PROHIBITED USE. Customer shall not (a) alter or cover up any decals or insignia on the Equipment, remove any operating or safety equipment or instructions or alter or tamper with the Equipment; (b) assign its rights under this Contract; (c) move the Equipment from the Site Address without the Lessors written consent; (d) use the Equipment in a negligent, illegal, unauthorized or abusive manner; or (e)  publicize use of the Equipment in any manner (including, without limitation, print, audiovisual or electronic); or (f) allow the use of the Equipment by anyone other than Authorized Individuals (Customer acknowledging that the Equipment may be dangerous if used improperly or by untrained parties).

5. MAINTENANCE. Customer shall perform routine maintenance on the Equipment, including routine inspections and maintenance of fuel and oil levels, grease, cooling and fluid systems, batteries, tires/tracks cutting edges, and cleaning in accordance with the manufacturer’s specifications, as applicable. All other maintenance or repairs may only be performed by the Lessor or its agents, but the Lessor has no responsibility during the Rental Period to inspect or perform any maintenance or repairs unless Customer requests a service call. If the Lessor determines that repairs to the Equipment are needed, other than Ordinary Wear and Tear, Customer shall pay the full repair charges, additional fees, if any, and rental of the Equipment until the repairs are completed. If Equipment is stolen or damaged in excess of 40% of the Equipment’s FMV as determined by the Lessor, Customer will be responsible for the FMV of the Equipment, including sales tax, as applicable.  The Lessor has the right to inspect the Equipment wherever located. Customer has the authority to and hereby grants the Lessor and its agents the right to enter the physical location of the Equipment for the purposes set forth herein. Lessor shall be responsible for repairs needed because of Ordinary Wear and Tear. Customer agrees that repair or replacement of the Equipment is Customer’s exclusive remedy for the Lessor’s breach of this Section. Notwithstanding the Lessor’s service commitment, if Customer breaches this Contract, the Lessor shall have no obligation to stop the Rental Period, commence repairs or rent other equipment to Customer until Customer or its agent agrees to pay for such charges.

6. CUSTOMER LIABILITY. DURING THE RENTAL PERIOD, CUSTOMER ASSUMES ALL RISK ASSOCIATED WITH THE POSSESSION, CONTROL OR USE OF THE EQUIPMENT, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, DEATH, RENTAL CHARGES, THEFT, LOSSES, DAMAGES AND DESTRUCTION, INCLUDING CUSTOMER TRANSPORTATION, LOADING AND UNLOADING, WHETHER OR NOT THE CUSTOMER IS AT FAULT. After an Incident, Customer shall (a) immediately notify the Lessor, the police, if necessary, and Customer’s insurance carriers; (b) secure and maintain the Equipment and the surrounding premises in the condition existing at the time of such Incident, until the Lessor or its agents investigate; (c) immediately submit copies of all police or other third party reports to the Lessor; and (d) as applicable, pay the Lessor, in addition to other sums due herein, the rental rate for Equipment until the repairs are completed or Equipment replaced plus either (i) the FMV or (ii) the full charges of recovery and repairs of damaged Equipment. Accrued rental charges shall not be applied against these amounts. The Lessor shall have the immediate right, but not obligation, to reclaim any Equipment involved in any Incident.

7. NO WARRANTIES.  COMPACT CONSTRUCTION EQUIPMENT, LLC DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE EQUIPMENT, ITS DURABILITY, CONDITION, MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR ANY PARTICULAR PURPOSE. CUSTOMER ACKNOWLEDGES ACCEPTANCE OF THE EQUIPMENT ON AN “AS IS, WHERE IS” BASIS, WITH “ALL FAULTS” AND WITHOUT ANY RECOURSE WHATSOEVER AGAINST COMPACT CONSTRUCTION EQUIPMENT, LLC ENTITIES. CUSTOMER ASSUMES ALL RISKS ASSOCIATED WITH THE EQUIPMENT AND RELEASES COMPACT CONSTRUCTION EQUIPMENT, LLC ENTITIES FROM ALL LIABILITIES AND DAMAGES (INCLUDING LOST PROFITS, PERSONAL INJURY, AND SPECIAL, INCIDENTAL AND CONSEQUENTIAL DAMAGES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES) IN ANY WAY CONNECTED WITH THE EQUIPMENT, ITS INSTALLATION, OPERATION OR USE OR ANY DEFECT OR FAILURE THEREOF, A BREACH OF THE LESSOR’S OBLIGATIONS HEREIN OR ERRORS OR INACCURACIES IN INFORMATION OBTAINED FROM CUSTOMER OR THIRD PARTIES, UPON WHICH THE LESSOR RELIES; PROVIDED HOWEVER, IF CUSTOMER IS A CONSUMER UNDER APPLICABLE LAW, THEN NO CONSEQUENTIAL DAMAGES LIMITATION OF INJURIES TO PERSONS SHALL APPLY. 

8. RELEASE AND INDEMNIFICATION. TO THE FULLEST EXTENT PERMITTED BY LAW, CUSTOMER INDEMNIFIES, RELEASES, HOLDS COMPACT CONSTRUCTION EQUIPMENT, LLC ENTITIES HARMLESS AND AT THE LESSOR’S REQUEST, DEFENDS COMPACT CONSTRUCTION EQUIPMENT, LLC ENTITIES (WITH COUNSEL APPROVED BY COMPACT CONSTRUCTION EQUIPMENT, LLC), FROM AND AGAINST ALL LIABILITIES, CLAIMS, LOSSES, DAMAGES, AND EXPENSES (INCLUDING ATTORNEY’S AND/OR LEGAL FEES AND EXPENSES) HOWEVER ARISING OR INCURRED, RELATED TO ANY INCIDENT, DAMAGE TO PROPERTY, INJURY OR DEATH OF ANY PERSON, CONTAMINATION OR ALLEGED CONTAMINATION, OR VIOLATION OF LAW OR REGULATION CAUSED BY OR CONNECTED WITH THE (a) ACCESS, USE, POSSESSION OR CONTROL OF THE EQUIPMENT BY CUSTOMER OR ANY THIRD PARTY THAT CUSTOMER IMPLICITLY OR EXPLICITLY PERMITS TO ACCESS, USE, POSSESS OR CONTROL THE EQUIPMENT DURING THE RENTAL PERIOD OR (b) BREACH OF THIS CONTRACT, WHETHER OR NOT CAUSED IN PART BY THE ACTIVE OR PASSIVE NEGLIGENCE OR OTHER FAULT OF ANY PARTY INDEMNIFIED HEREIN AND ANY OF THE FOREGOING ARISING OR IMPOSED IN ACCORDANCE WITH THE DOCTRINE OF STRICT OR ABSOLUTE LIABILITY. CUSTOMER ALSO AGREES TO WAIVE ITS WORKERS’ COMPENSATION IMMUNITY, TO THE EXTENT APPLICABLE. CUSTOMER’S INDEMNITY OBLIGATIONS SHALL SURVIVE THE EXPIRATION OR TERMINATION OF THIS CONTRACT. All of Customer’s indemnification obligations under this paragraph shall be joint and several.  

9. INSURANCE. During the Rental Period, Customer shall maintain, at its own expense, the following minimum insurance coverage:

(a) For Customers using Equipment for non-personal use, general liability insurance of not less than $1,000,000 per occurrence, including coverage for Customer’s contractual liabilities herein such as the release and indemnification clause contained in Section 8, unless RPP is offered by the Lessor and elected at the time of rental and paid for prior to any incident;

(b) For Customers using Equipment for non-personal use, property insurance against loss by all risks to the Equipment, in an amount at least equal to the FMV thereof, unless RPP is offered by the Lessor and elected at the time of rental and paid for prior to any incident;

(c) Worker’s compensation insurance as required by law; and

(d) Automobile liability insurance (including comprehensive and collision coverage, and uninsured/underinsured motorist coverage), in the same amounts set forth in subsections (a) and (b), if the Equipment is to be used on any roadway. Such policies shall be primary, non-contributory, on an occurrence basis, contain a waiver of subrogation, name the Lessor and its agents as an additional insured (including an additional insured endorsement) and loss payee, and provide for the Lessor to receive at least 30 days prior written notice of any cancellation or material change. Any insurance that excludes boom damage or overturns is a breach. Customer shall provide the Lessor with certificates of insurance to the applicable Lessor company agent evidencing the coverages required above prior to any rental and any time upon the Lessor’s request. To the extent the Lessor carries any insurance, The Lessor’s insurance will be considered excess insurance. The insurance required herein does not relieve Customer of its responsibilities, indemnification, or other obligations provided herein, or for which Customer may be liable by law or otherwise.

10. PURCHASE OPTION. Customer may be granted an option to purchase the Equipment leased hereunder.   Payments previously received may qualify to be applied to purchase price.  This lease must be in good standing before purchase option can be exercised.  Rental Purchase Options are nontransferable.  Any such option shall not be deemed exercised until Customer's written notification to that effect is received by the Lessor and approved. UNLESS OPTION IS EXERCISED AND TITLE IS TRANSFERRED TO CUSTOMER THROUGH SALE, TITLE TO ALL EQUIPMENT SHALL REMAIN VESTED IN LESSOR AT ALL TIMES.  CUSTOMER SHALL GIVE LESSOR IMMEDIATE NOTICE OF ANY LEVY ATTEMPTED ON SAID EQUIPMENT, OR IF SAID EQUIPMENT BECOMES LIABLE TO SEIZURE FOR ANY REASON.  CUSTOMER SHALL INDEMNIFY LESSOR AGAINST ALL LOSS AND DAMAGE CAUSED BY SUCH ACTION.

11. RENTAL PROTECTION PLAN. Customer’s repair or replacement responsibility in Sections 5 and 6 of this Contract is modified by the RPP, if offered by the Lessor on the Equipment, and the Lessor shall limit the amount they collect from the Customer for the Equipment loss, damage or destruction to the following amounts for each piece of Equipment, per each occurrence: (a) $1,000 of the FMV for lost or damaged equipment, up to a maximum of $25,000 value per piece of equipment; (b) $2,500 of the FMV for lost or damaged equipment, over $25,000 per piece of equipment; (c) charges in excess of $50 per tire for tire repairs; and (d) nothing for the rental charges which would otherwise accrue during the period when damaged or destroyed equipment is being repaired or replaced by the Lessor or Lost Equipment is being replaced; provided however, the foregoing RPP liability reduction only applies if the Conditions (defined below) are satisfied and an Exclusion (defined below) does not apply. The RPP is NOT INSURANCE and does NOT protect Customer from liability to the Lessor or others arising out of possession, control or use of the Equipment, including injury or damage to persons or property. THE RPP IS A CONTRACTUAL MODIFICATION OF CUSTOMER’S LIABILITY. All of the following “Conditions” must be satisfied for the RPP and the corresponding liability reduction to apply: (i) Customer accepts the RPP in advance of the rental; (ii) Customer pays 16% of the gross rental charges as the fee for the RPP (plus applicable taxes); (iii) Customer fully complies with the terms of this Contract; (iv) Customer’s account is current at the time of the loss, theft, damage or destruction of the Equipment; and (v) none of the Exclusions apply. Customer assumes the Exclusion risks, meaning that if any Exclusion occurs, the RPP does NOT reduce the liability of Customer to the Lessor for the loss, theft, damage or destruction resulting from such Exclusion. “Exclusions” shall mean loss, theft, damage or destruction of the Equipment: (A) due to intentional misuse; (B) caused by Lost Equipment not reported by Customer to the police within 48 hours of discovery, and substantiated by a written police report (promptly delivered to Compact Construction Equipment, LLC); (C) due to floods, water level changes, wind, storms, earthquakes or Acts of God; and (D) accessories or Equipment for which Customer is not charged the RPP fee. THE EXCLUSIONS REMAIN THE LIABILITY OF CUSTOMER AND ARE NOT MODIFIED BY THE RPP. RPP IS REFLECTED ON THIS CONTRACT AS PART OF CUSTOMER’S ESTIMATED CHARGES UNLESS CUSTOMER HAS ELECTED TO DECLINE RPP IN WRITING, FAILS TO PAY THE RPP FEE OR MADE OTHER CONTRACTUAL ARRANGEMENTS WITH THE LESSOR.   Notwithstanding anything to the contrary in this Contract, if Lost Equipment is later recovered, the Lessor retains ownership of the Equipment regardless of any payments made by Customer or Customer’s insurance company with respect to such Equipment, all of which payments are non-refundable. Customer agrees to promptly return any Equipment that is recovered. Compact Construction Equipment, LLC shall be subrogated to Customer’s rights to recover against any person or entity relating to any loss, theft, damage or destruction to the Equipment. Customer shall cooperate with, assign Compact Construction Equipment, LLC all claims and proceeds arising from such loss, theft, damage or destruction, execute and deliver to the Lessor whatever documents are required and take all other necessary steps to secure in Compact Construction Equipment, LLC such rights, at Customer’s expense.

12. RENTAL RATES. The total charges specified in this Contract are: (a) estimated based upon Customer’s representation of the estimated Rental Period identified herein (rental rates beyond the estimated Rental Period may change) and other information conveyed by Customer to the Lessor; and (b) for the Equipment’s use for Single Shift, unless otherwise noted. Weekly and 4-week rental rates shall not be prorated. Rental charges accrue during Saturdays, Sundays and holidays. The rental rates do not include and Customer is responsible for, (i) all consumables, fees, licenses, present and future taxes and any other governmental charges based on Customer’s possession and/or use of the Equipment, including additional fees for more than Single Shift use; (ii) delivery and pickup charges to and from the Store, including but not limited to any freight, transportation, delivery, pickup and surcharge fees listed in this Contract; (iii) maintenance, repairs and replacements to the Equipment as provided herein; (iv) a cleaning fee if required; (v) miscellaneous charges, such as fees for lost keys, RPP, costs to recover Equipment, emergency mobilization or after-hours service; (vi) fuel used during the Rental Period and for refueling Equipment as described below; (vii) fines for use of dyed diesel fuel in on-road Equipment; and (viii) an Environmental Services Charge. The convenience charge for off road diesel fuel does not include governmental motor fuel taxes or charges. The Lessor collects these fees as revenue and uses them at its discretion.

13. PAYMENT. Customer shall pay for the rental of Equipment, sale of Equipment, materials and all other items and services identified in this Contract and all other amounts due, without any offsets, in full, in advance at the time of rental, unless the Lessor approves Customer’s executed commercial credit application.  Commercial customers who are approved for Compact Construction Equipment, LLC extended payment terms must pay, in arrears, upon receipt of Lessor’s invoice, either by cash, check or ACH. Customer must notify Compact Construction Equipment, LLC in writing of any disputed amounts, including credit card charges, within 15 days after the receipt of the invoice/contract or Customer shall be deemed to have irrevocably waived its right to dispute such amounts. At the Lessor’s discretion, any account with a delinquent balance may be placed on a cash basis, deposits may be required and the Equipment may be picked up without notice. Due to the difficulty in fixing actual damages caused by late payment, Customer agrees that a service charge equal to the lesser of 1.5% per month or the maximum rate permitted by law shall be assessed on all delinquent accounts, until paid in full. Customer shall reimburse the Lessors for all costs incurred in collecting any late payments, including, without limitation, attorneys' fees. Payment of any late charge does not excuse Customer of any default under this Contract. Customer shall pay a fee of $75 for each check returned for lack of sufficient funds to compensate the Lessor for its overhead for processing missed payment. Deposits will only be returned after all amounts are paid in full. CUSTOMER AGREES THAT IF A CREDIT OR DEBIT CARD IS PRESENTED TO PAY FOR CHARGES OR TO GUARANTEE PAYMENT, CUSTOMER AUTHORIZES THE LESSOR TO CHARGE THE CREDIT OR DEBIT CARD ALL AMOUNTS SHOWN ON THIS CONTRACT AND CHARGES SUBSEQUENTLY INCURRED BY CUSTOMER, INCLUDING BUT NOT LIMITED TO, LOSS OF OR DAMAGE TO THE EQUIPMENT AND EXTENSION OF THE RENTAL PERIOD. Effective June 1, 2025 and where permitted by law, Compact Construction Equipment, LLC may impose a surcharge of 2% (minimum $3) for credit card payments on charge accounts. This surcharge is not greater than Lessor’s merchant discount rate for credit card transactions and is subject to sales tax in some jurisdictions.

14. RETURN OF EQUIPMENT. The Lessor may terminate this Contract at any time, for any reason. The Equipment shall be returned to the Lessor (when needed for inspections, maintenance and at the end of the Rental Period) in the same condition it was received, less Ordinary Wear and Tear and free of any hazardous materials and contaminants. Customer will return the Equipment at the end of the Rental Period but will continue to be responsible for rental and other charges after the Rental Period if the Equipment is not returned in the condition required herein. If Lessor delivered the Equipment to Customer, Customer shall notify the Lessor that the Equipment is ready to be picked up at the Site Address and obtain a Pick-Up number, which Pick-Up Number Customer should keep as proof of the call; provided Customer remains liable for any loss, theft, damage to or destruction of the Equipment until the Lessor confirms that the Equipment is returned in the condition required herein. Customer will not be charged the rental charges after the date the Pick-Up Number is given, provided Customer has otherwise complied with this Contract. No pickups occur on Sundays or statutory holidays and Saturday pickups are dependent on specific Store hours. If Customer picked up Equipment, Customer shall return Equipment to the same Store during that Store’s normal business hours. If the Equipment is not returned by the estimated end of the Rental Period specified earlier, Customer agrees to pay the applicable rental rate for the Equipment until the end of the Rental Period.

15. PURCHASES. If this Contract identifies any Equipment, materials or other items that is to be purchased by Customer, the Lessor sells and delivers such items to Customer on an “AS IS, WHERE IS” basis, with all faults and without any warranties (other than manufacturer warranties, if any) in consideration for Customer’s payment to the Lessor of the full purchase price of the item, the Lessor retains title to the item until Customer has paid in full.  This includes RPO transactions.

16. DEFAULT. Customer shall be in default if the Lessor deems itself insecure or if Customer: (a) fails to pay sums when due; (b) breaches any Section of this Contract; (c) becomes a debtor in a bankruptcy proceeding, goes into receivership, takes protection from its creditors under any insolvency legislation, ceases to carry on business, or has its assets seized by any creditor; (d) fails to insure the Equipment as required, or otherwise places the Equipment at risk; (e) fails to return Equipment immediately upon Lessor’s demand; or (f) is in default under any other contract with the Lessor. If a Customer default occurs, the Lessor shall have, in addition to all rights and remedies at law or in equity, the right to repossess the Equipment without judicial process or prior notice. Customer shall pay all of the Lessor’s costs, including reasonable costs of collection, court costs, attorneys and legal fees, incurred in exercising any of its rights or remedies herein. The Lessor shall not be liable due to seizure of Equipment by order of governmental authority.   CUSTOMER WAIVES ANY RIGHT OF ACTION AGAINST COMPACT CONSTRUCTION EQUIPMENT, LLC ENTITIES FOR SUCH REPOSSESSION.

17. CRIMINAL WARNING.  The use of false identification to obtain Equipment or the failure to return Equipment by the end of the Rental Period may be considered theft, subject to criminal prosecution and civil liability where permitted, pursuant to applicable laws.

18. ENVIRONMENTAL SERVICES CHARGE. To promote a clean and sustainable environment, Compact Construction Equipment, LLC takes various measures to comply with applicable environmental regulations, as well as with the Lessor’s own policies. The Lessors also incurs a wide range of environmental related expenses (both direct and indirect). These expenses may include services such as waste disposal, construction and maintenance of cleaning facilities, acquisition of more fuel-efficient equipment, as well as, labor costs, administration costs, etc. To help offset these and other costs, the Lessor assesses an Environmental Services Charge, plus applicable taxes thereon in connection with certain rentals. The Environmental Services Charge is not a tax or governmentally mandated charge and is not designated for any particular use or placed in an escrow account but is a charge that the Lessor collects as revenue and uses at its discretion.

19. FUEL. For Equipment that uses fuel, Customer has two options: (a) Pay on Return Option - if Customer returns Equipment with less than a full tank of fuel, Customer shall pay a refueling charge (calculated by multiplying gallons required to refill tank with fuel to level when received, by the Lessor’s basic per gallon rate); or (b) Return Full Option – if Customer returns the Equipment with a full tank of fuel, no fuel charge will be assessed. Customers agree that none of these options are a retail sale of fuel. Fuel Service Charge rates are subject to change without notice.

20. ACCOUNT SUSPENSION/TERMINATION/BLOCKING: The Lessor reserves the right to suspend, terminate, and/or block customer accounts for any reason, including, but not limited to, suspicious/malicious activity or the account being compromised in any way.         

21. LIMITATION OF THE LESSOR’S LIABILITY. IN CONSIDERATION OF THE RENTAL OF EQUIPMENT, CUSTOMER AGREES THAT LESSOR’S LIABILITY UNDER THIS CONTRACT, INCLUDING ANY LIABILITY ARISING FROM THE LESSOR’S, THEIR ENTITIES, OR ANY THIRD PARTY’S COMPARATIVE, CONCURRENT, CONTRIBUTORY, PASSIVE OR ACTIVE NEGLIGENCE OR THAT ARISES AS A RESULT OF ANY STRICT OR ABSOLUTE LIABILITY, SHALL NOT EXCEED THE TOTAL RENTAL CHARGES PAID BY CUSTOMER UNDER THIS CONTRACT.

22. JURY TRIAL WAIVER. IN ANY DISPUTE ARISING OUT OF, IN CONNECTION WITH, OR IN ANY WAY PERTAINING TO THIS CONTRACT, CUSTOMER AND LESSOR, HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT TO A TRIAL BY JURY, THIS WAIVER BEING A MATERIAL INDUCEMENT TO ENTERING INTO THIS CONTRACT.

23. ARBITRATION AGREEMENT & CLASS ACTION WAIVER. AT THE ELECTION OF CUSTOMER OR COMPACT CONSTRUCTION EQUIPMENT, LLC, ANY DISPUTE ARISING OUT OF, IN CONNECTION WITH OR IN ANY WAY PERTAINING TO THIS CONTRACT SHALL BE SETTLED BY ARBITRATION BROUGHT IN THE PARTY’S INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF IN A PURPORTED CLASS OR REPRESENTATIVE CAPACITY, ADMINISTERED BY THE AMERICAN ARBITRATION ASSOCIATION UNDER ITS COMMERCIAL ARBITRATION RULES OR BY JAMS PURSUANT TO ITS STREAMLINED ARBITRATION RULES AND PROCEDURES AND JUDGEMENT ON THE AWARD RENDERED BY THE ARBITRATOR(S) MAY BE ENTERED IN ANY COURT HAVING JURISDICTION THEREOF. THERE SHALL BE NO RIGHT OR AUTHORITY FOR ANY CLAIMS TO BE ARBITRATED OR TRIED ON A CLASS ACTION BASIS.

24. COMPLIANCE WITH EXPORT AND IMPORT LAWS. Removal of the Equipment from the United States (“U.S.”) is prohibited under this Contract. If Customer desires or causes the transport and/or operation of the Equipment outside of the U.S., Customer must (a) obtain the Lessor’s consent prior to taking such action, including approval of established customs broker, and (b) execute an amendment to this Contract, which amendment is incorporated herein. If Customer exports or re-exports without complying with the above sentence, Customer agrees that (i) the Equipment is subject to and must comply with all applicable export laws, including but not limited to the Export Administration Regulations; and (ii) Customer, as the exporter/importer of record, is responsible for: (A) determining whether and obtaining if necessary, export or re-export licenses or other authorizations as required prior to exporting or re-exporting the Equipment, (B) obtaining any required documentation necessary for return of the Equipment, and (C) ensuring no unauthorized transfers or diversions of the Equipment occur. Refer to www.bis.doc.gov for information.

25. COLLECTION OF DATA.  Customer consents to the collection, use and disclosure of the data and information Customer voluntarily provides to the Lessor, including personal identifiable information and financial information, as well as the Telematics Data collected from the Equipment.

26. GOVERNING LAW.  The Parties expressly and irrevocably agree: (a) this Contract, including any related tort claims, shall be governed by the laws of Texas, without regard to any conflicts of law principles and (b) if any Section of this Contract is prohibited by any law, such Section shall be ineffective to the extent of such prohibition without invalidating the remaining Sections. Customer will at their own expense, comply with all local, state and federal laws and regulations affecting equipment and its use, operation, erection, dismantling and transportation, including all federal and local Department of Transportation regulations, licensing and building code requirements and shall defend, indemnify and hold harmless lessor from all loss, liability or expense resulting from actual or asserted violations of such laws, requirements or regulations.

27. FORCE MAJEURE. The Lessor shall not be liable or responsible to the Customer, nor be deemed to have defaulted under or breached this Contract, for any failure or delay in fulfilling or performing any term of this Contract when and to the extent such failure or delay is caused by or results from acts beyond the Lessor’s control, including, without limitation, the following force majeure events ("Force Majeure Event(s)"): (a) acts of God; (b) flood, fire, earthquake, epidemics, pandemics or explosion; (c) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civil unrest; (d) government order, law, regulations, shutdowns, or actions; (e) embargoes or blockades in effect on or after the date of this Contract; (f) national or regional emergency; (g) strikes, labor stoppages or slowdowns, or other industrial disturbances; (h) shortage of adequate power or transportation facilities; and (i) other events beyond the control of Compact Construction Equipment, LLC.

28. MISCELLANEOUS. This Contract, together with any Customer executed commercial credit application, if any, constitutes the entire agreement of the Parties regarding the Equipment and may not be modified except by written amendment signed by the Parties. Any reference in Customer's purchase order or other Customer document to other terms that shall control this transaction shall be void. This Contract benefits solely the Parties and their respective permitted successors and assigns and nothing in this Contract, express or implied, confers on any other person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Contract.  Customer’s obligations hereunder shall survive the termination of this Contract. If any term is invalid, illegal, or unenforceable, such invalidity, illegality, or unenforceability shall not affect any other term or invalidate or render unenforceable such term. This Contract and all of Customer’s rights in and to the Equipment are subordinate to all rights, title and interest of all persons (including Compact Construction Equipment, LLC lenders) who have rights in the Equipment. Headings are for convenience only. To the extent that any terms in this Contract conflict, the Parties agree that the more specific terms control. A copy of this Contract shall be valid as the original. Any failure by Compact Construction Equipment to insist upon strict performance of any Section of this Contract shall not be construed as a waiver of the right to demand strict performance in the future. Customer and the person signing this Contract agree, represent and warrant that: (a) the person executing is 18 or the legal age of majority in the state, whichever is greater and they both have full authority to execute, deliver and perform this Contract; and (b) this Contract constitutes a legal, valid and binding obligation of Customer, enforceable in accordance with its terms. If the Parties have a fully executed, active agreement, intended to govern over conflicting terms and conditions, such agreement shall take precedence over the terms herein.