This Equipment Hire Agreement outlines the terms and conditions under which the Lessor leases specific equipment to the Lessee. It specifies the rental period, rental amount, responsibilities for damage, and late fees. The document also includes clauses on the security deposit, proper use, delivery costs, and liability, ensuring the Lessee is accountable for any incidents involving the equipment. It clarifies ownership remains with the Lessor and constitutes the entire agreement between the parties. Dispute resolution procedures are defined, including negotiation, mediation, arbitration, and litigation if necessary. This agreement ensures clear understanding and compliance between both parties regarding equipment hire.