Lola's Rentals

Tromox Pesgo Plus - Agreement


This "Agreement"  is a legally binding contract between Lola's Rentals and Tours Inc. and Severin Viennot (Parties). By signing below both parties acknowledges and agrees to all terms and conditions outlined in this Agreement.

Severin Viennot (Owner) will provide:

  • Tromox Pegso One Plus (Blue), purchased new. Hereby referred to as 'Bikes'
  • Battery Charges
  • ICC Helmets (one per bike)
  • Phone Support
  • Proof of being road legal 
  • Proof of being legal to drive without license
  • Full list of prices for parts and repairs

Lola's Rentals and Tours Inc. (Company) will provide:

  • The rental services and handling of day to day operations
  • Staffing
  • Parking Space
  • Additional inclusions: e.g. seat cloths

Payments & Commissions:

  • The Owner will receive 350php for every 24hr rental period
  • Payment from the Company will be made to the Owner on the 1st of every month via cash, gcash, or bank transfer. 
  • The Company dictates the daily rental pricing structure and deposit amount

Marketing & Branding:

  • All branding must be 100% Lola's Rentals & Tours unless otherwise agreed (in writing) by the Company
  • The Company will be responsible for publishing all marketing material via their platforms
  • The Owner is welcome to create content however, it cannot be published without the consent of the Company and it cannot be published under alternative branding.

Maintenance & Repairs:

  • Owner is responsible for all routine maintenance 
  • The company will be responsible for identifying issues and reporting them to the owner.
  • The Customer/Renter is responsible for addressing damages, loss, or theft occurring during the rental period. 

Wear and Tear:

  1. Normal Use: This includes the gradual wearing down of parts due to regular usage, such as tire tread wear, minor scratches, and the wearing out of brake pads.
  2. Expected Deterioration: Parts and components that naturally degrade or require replacement after a certain amount of use, like light bulbs, tires, and brake pads.
  3. Exclusions: It generally does not cover damage resulting from incidents like crashes, vandalism, improper storage, or misuse of the scooter. 

Termination:

  • The Company can terminate with one week notice
  • The Owner can terminate with two months notice
  • Immediate termination can apply when mutually agreed by both parties 
  • Immediate termination if critical situation arises or violation of the agreement
  • Upon termination of the agreement, the bikes should be returned in good condition, with no broken parts. Allowances are made for general wear and tear. 

Insurance and Liability:

  • The Company is responsible for obtaining the relevant insurance 

Compliance:

  • The company must adhere to all applicable laws and regulations

Reporting:

  • The company will carry out a document inspection at the beginning of every rental. The Owner reserves the right to inspect these at anytime, without notice. 

Miscellaneous:

  • Involvement from other investors is forbidden unless agreed upon by both parties.
  • The Company will actively advertise ESkate Siargao to rental customers.
  • Subleasing is forbidden

Accident Contingency:

  • In the event of an accident, depending on the severity and circumstances, both parties agree to potentially waive the terms in the 'maintenance and repairs' and solve the situation in the most ethically/morally correct way.

Entire Agreement:

  • This contract will be the complete agreement between the parties.

Amendments:

  • Any changes must be in writing and signed by both parties.

Governing Law:

  • Contract governed by the laws of the Philippines

Dispute Resolution:

  • Disputes to be resolved through negotiation, mediation, or arbitration.

By signing below both parties agree to comply with and be bound by all terms and conditions outlined in this Agreement. This Agreement constitutes the entire understanding between the parties and supersedes any prior agreements, whether written or oral. This Agreement shall be governed by and construed in accordance with the laws of the Philippines.

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Signed by Jack Unsworth
Signed On: July 25, 2024


Signature Certificate
Document name: Tromox Pesgo Plus - Agreement
lock iconUnique Document ID: c35a75b36ccf7bf7d8ad32408c3d78f1dab7ad53
Timestamp Audit
July 5, 2024 9:11 am PSTTromox Pesgo Plus - Agreement Uploaded by Jack Unsworth - info@lolasrentals.com IP 158.62.64.79