Car Rental Agreement

1. THE PARTIES TO THIS AGREEMENT ARE:

1.1 THE OWNER:

Katherine Lippert

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Calle Isla de Santo Domingo 8

35106 El Salobre, Gran Canaria

1.2 THE RENTER:

First Name(s):

Surname:

Identity / Social Security or Other (Specify) number:

Physical Address:

The parties choose the above stated addresses as their physical addresses at which legal
proceedings may be instituted.

2. THE OBJECT OF THE RENTAL IS:

2.1 Type of Vehicle:

2.2 Make and Color:

2.4 Year:

2.5 Registration Number:

3. CONDITION OF VEHICLE:

3.1 The Owner states that to the best of his knowledge and belief that above-described
vehicle is in sound and safe condition and free of any known defects or faults which
would affect its safe operation under normal use.

4. QUALIFICATIONS:

4.1 The Renter states that he / she is physically and legally qualified to operate the above-
described vehicle under the laws of jurisdiction and will not operate it in violation of any
laws, or in any negligent or illegal manner.

5. RENTAL PERIOD:

The term of this Car Rental Agreement runs from the date and hour of vehicle pickup as
indicated just above the signature line at the bottom of this agreement until the return of
the vehicle to Owner, and completion of all terms of this agreement by both Parties. The
estimated rental term is as follows:

Estimated start date: [START DATE]

Estimated end date: [END DATE]

The Parties may shorten or extend the estimate term of rental by mutual consent.

6. RENTAL RATE:

6.1 The Renter hereby agrees to pay the owner at the rate of ____________ per day.

6.2 All fuel used shall be paid for by the Renter.

7.1 Renter will use the Rented Vehicle only for personal use and operate the Rented
Vehicle only on properly maintained roads and parking lots.

7.2 The rented vehicle shall not be used to carry passengers other than in the interior or
cab of the vehicle.

7.3 The rented vehicle shall not be used to push, propel or tow another vehicle, trailer or
any other thing without the written permission of the Owner.

7.4 The rented vehicle shall not be used for any race or in any competition.

7.5 The rented vehicle shall not be used for any illegal purpose. Renter will comply with
all applicable laws relating to holding of licensure to operate the vehicle, and pertaining
to operation of motor vehicles.

7.6 The Renter shall not operate the vehicle in a negligent manner.

7.7 The rented vehicle shall not be operated by any other person other than the Renter
stipulated in 1.2 above without the written permission of the Owner. If Renter allows any
other driver under the age of 25 years old to drive the rented vehicle, the Renter will be
fully responsible for all expenses relating to the rental car and any other Vehicle involve
in any type of accident.

7.8 Renter will not sublease the Rental Vehicle or use it as a vehicle for hire.

7.9 Renter will not take the vehicle off the island of Gran Canaria.

8. INSURANCE:

8.1 The Renter agrees that only the vehicle is covered under insurance and the driver or
passengers are not covered. The Renter also agrees that personal belongings and other
items left in the vehicle at any time are not covered. If the Rental Vehicle is damaged or
destroyed while it is in the possession of Renter, Renter agrees to pay any required
insurance deductible and also assign all rights to collect insurance proceeds to Owner.
The Renter hereby agrees that he / she shall be held fully responsible for the first 750.00€
deductable in case of accident.

9. SECURITY DEPOSIT:

9.1 The Renter further agrees to make a deposit of 200.00€ with the Owner, said deposit
to be used, in the event of loss of or damage to the vehicle or equipment during the term
of this Car Rental Agreement. In the event of damage to the Rental Vehicle, Owner will
apply this Security Deposit to defray the costs of necessary repairs or replacement. If the
cost for repair or replacement of damage to the Rental Vehicle exceeds the amount of the
Security Deposit, Renter will be responsible for payment to the Owner of the balance of
this cost.

9.2 In the absence of damage or loss, said deposit shall be returned to the Renter.

10. INDEMNIFICATION:

10.1 Renter agrees to indemnify, defend, and hold harmless the Owner for any loss,
damage, or legal actions against Owner as a result of Renter’s operation or use of the
Rented Vehicle during the term of this Car Rental Agreement. This includes any attorney
fees necessarily incurred for these purposes. Renter will also pay for any parking tickets,
moving violations, or other citations received while in possession of the Rented Vehicle.

11. RETURN OF VEHICLE:

11.1 The Renter hereby agrees to return the above-described vehicle to the pick up
location later than ________________________________

12. JURISDICTION:

12.1 In the event of any dispute over this agreement, this Car Rental Agreement will be
interpreted by the laws of Spain, and any lawsuit or arbitration must be brought in Gran
Canaria of the State of San Bartolome de Tirajana. If any portion of this agreement is
found to be unenforceable by a court of competent jurisdiction, the remainder of the
agreement would still have full force and effect.

13. ENTIRE AGREEMENT:

13.1 This Car Rental Agreement constitutes the entire agreement between the Parties
with respect to this rental arrangement. No modification to this agreement can be made
unless in writing signed by both Parties. Any notice required to be given to the other
party will be made to the contact information below.

Signed at ______________________on this ______day of _________________20____

OWNER: _____________________________

RENTER:_____________________________