BIKE RENTAL AGREEMENT

This Bike Rental Agreement (the “Agreement”) is made and entered into as of _______ (the “Effective Date”), by and between: _______, a(n) _______ with a primary address at _______ (collectively, the “Owner”), AND _______, an individual residing at _______ (Email: _______, Phone: _______) (collectively, the “Renter”).

The Owner and the Renter are hereinafter referred to individually as a “Party” and collectively as the “Parties”.

RECITALS

WHEREAS, the Owner is the legal owner of, or is otherwise authorized to rent, the bicycle(s) described in this Agreement; WHEREAS, the Renter desires to rent the bicycle(s) from the Owner for the period and on the terms and conditions set forth in this Agreement; and NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth, the Parties agree as follows:

2. RENTAL OF BICYCLE(S)

The Owner hereby agrees to rent to the Renter, and the Renter agrees to rent from the Owner, the following bicycle(s) and accessories (collectively, the “Bicycle”):

• Bicycle 1: _______ _______ (Serial No: _______)
  Replacement Value: USD _______
  Accessories: _______

3. RENTAL PERIOD AND LOCATION

3.1 Rental Period. The Rental Period shall commence on _______ at _______ and shall terminate upon the return of the Bicycle to the Owner, which must occur no later than _______ at _______, unless this Agreement is terminated earlier in accordance with its terms. 3.2 Pickup Location. The Renter shall take possession of the Bicycle at the following location: _______. 3.3 Return Location. The Renter shall return the Bicycle, in the same condition as received (normal wear and tear excepted), to the following location: _______. The Bicycle must be returned on or before the end of the Rental Period.

4. RENTAL FEES AND PAYMENT

4.1 Rental Fee. The Renter shall pay the Owner a total estimated Rental Fee of USD _______. This fee is calculated on the following basis: 4.2 Payment. The Rental Fee shall be paid in full prior to the Renter taking possession of the Bicycle. All payments under this Agreement shall be made via _______.

5. RENTER'S REPRESENTATIONS, WARRANTIES, AND COVENANTS

The Renter represents, warrants, and covenants that:

• (a) Competency and Age: Renter is of legal age (_______) to enter into this Agreement, is familiar with the operation of the Bicycle, and is physically and mentally fit to ride the Bicycle.
• (b) Compliance with Laws: Renter will, at all times, operate the Bicycle in compliance with all applicable federal, state, and local laws, regulations, and ordinances, including all traffic laws, and rules pertaining to riding on sidewalks, paths, and trails.
• (c) Safety Equipment: Renter will wear a Snell, CPSC, ANSI, or ASTM approved helmet at all times while riding the Bicycle. Renter acknowledges that failure to wear a helmet may increase the severity of any injury and that helmet laws vary by jurisdiction.
• (d) Proper Use: Renter will not use the Bicycle for racing, mountain biking (unless the Bicycle is designated for such), stunts, or any other improper or reckless use. Renter will not operate the Bicycle under the influence of alcohol, drugs, or any other substance that may impair their judgment or ability to ride safely.
• (e) Security of Bicycle: Renter is responsible for the security of the Bicycle throughout the Rental Period. The Bicycle must be securely locked to a fixed object when not in use.
• (f) No Modifications: Renter will not make any alterations, modifications, or additions to the Bicycle.
• (g) Reporting: Renter will immediately report any accident, damage, loss, or theft of the Bicycle to the Owner and to the appropriate authorities (e.g., police) if applicable.

9. INSURANCE

10. DAMAGE, LOSS, OR THEFT

10.1 Renter's Responsibility. The Renter is fully responsible for the Bicycle from the time of pickup until it is returned to the Owner. In the event of any damage to the Bicycle (excluding normal wear and tear), the Renter shall be liable for the full cost of repair. In the event the Bicycle is lost, stolen, or damaged beyond reasonable repair, the Renter shall be liable for the full replacement value of the Bicycle as specified in Section 2. 10.2 Assessment of Damage. The Owner will assess the condition of the Bicycle upon its return. The cost of any repairs or replacement will be determined by the Owner in its reasonable discretion, based on market rates for parts and labor. The Owner is authorized to charge such costs against the Security Deposit, and the Renter agrees to pay any amount in excess of the Security Deposit immediately upon demand.

12. GOVERNING LAW AND JURISDICTION

This Agreement and any dispute arising hereunder shall be governed by and construed in accordance with the laws of the State of {QID1}, without regard to its conflict of law principles. The Parties irrevocably consent to the exclusive jurisdiction of the state and federal courts located in _______, {QID1} for the resolution of any disputes.

13. DISPUTE RESOLUTION

14. NOTICES

All notices, requests, consents, claims, demands, waivers, and other communications hereunder shall be in writing and shall be deemed to have been given (a) when delivered by hand; (b) when received by the addressee if sent by a nationally recognized overnight courier; (c) on the date sent by email (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next business day if sent after normal business hours of the recipient; or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective Parties at the addresses set forth in the preamble of this Agreement. IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

The Renter expressly acknowledges having read, understood, and agreed to all terms and conditions of this Agreement, particularly the provisions regarding Assumption of Risk, Waiver, and Indemnification. __________________

OWNER:

_____________________________
By: _______
Name: _______
Title: _______
Date: {QID2}

__________________

RENTER:

_____________________________
Name: _______
Date: {QID2}