Equipment Rental Terms

Article 1. Subject Matter – Binding Nature of the Conditions – Validity

GENERAL

1.The validity of the agreement begins with the completion of the order via internet or telephone as well as with the issuance of any form of document of the supplying company.The agreement is not assigned to a third party and does not constitute or establish any creation, alteration, transfer or alteration of any right in rem.

1.1. These terms govern the transactional relationship of equipment lease between the company under the name "GEORGIOS BAXEVANIS THE KNOWLEDGE TO BUILD SINGLE MEMBER PRIVATE CAPITAL COMPANY" and distinctive title "THE KNOWLEDGE TO BUILD" MON.I.K.E. which operates within the trade of building materials, tiles and bathroom fixtures, based near the Port of Hersonissos, Municipality of Hersonissos, Regional Unit of Heraklion, P.C. 70014, VAT number: 801554635 of the Tax Office of Heraklion with Business Registry Number: 159040027000 (hereinafter the "Company") and its client. The Terms are posted on the Company's website (www.georgiosbaxevanis.gr) and are also available in printed form by the Company. The transactional relationship of equipment lease between the Company and the customer is also governed by the provisions of the Civil Code.

1.2. The Customer becomes aware of the Terms at the beginning of the equipment lease transaction relationship with the Company or when submitting a request for the lease of the equipment and/or upon notification to him of the Company's acceptance for the provision of the requested services, as the case may be, and declares in writing or - where provided - electronically that he accepts them. By and through the acceptance of the Terms by the Customer, the Terms bind him without any further action being required and in particular without requiring his handwritten signature on the body of the Terms.

1.3. The Terms constitute the contractual content of the equipment lease transaction relationship between the Company and the Customer with general and uniform validity.

Article 2. Hire of equipment

RENT
2.1. In the lease of equipment, the Company has the obligation to grant the customer the use of the machine, type or accessory, indicatively compressor, concrete mixer, agitator, water pump, water hose, flex sander, generator (hereinafter the "Equipment") for the period agreed by the parties and the customer has the obligation to pay the agreed amount of money (hereinafter the "Lease").

2.2. It is clarified that the Lease does not result in a transfer of ownership of the Equipment, which (ownership) continues to belong to the Company after the commencement of the Lease.

Article 3. Obligations of the Company

3.1. The Company has the obligation to deliver the Equipment to the customer suitable for use. The type of use of the Equipment is determined by the type and destination of the Equipment based on good faith and business ethics.

3.2. The Company bears the costs of maintenance and repair of the Equipment resulting from the agreed use.

3.3. The supplier does not cover consequential damage or financial loss of reliability caused by delayed, non-realized delivery, removal of equipment - products, if and when delivered, their unsuitability, their destruction and the termination of their operation. The supplier may replace the equipment with other products of similar specifications or function, if necessary.

Article 4. Duration of the Lease

The Lease has the duration to be agreed between the parties.

Article 5. Charges

5.1. The charge is per day unless otherwise agreed between the parties.

5.2. Upon receipt of the Equipment by the customer, he pays half of the total amount as a deposit and is provided with the relevant tax document.

5.3. The supplier reserves every right to change its pricing policy (rental prices, offers). Agreements and reservations confirmed by the tenant prior to the relevant changes are excluded.

5.4. Charging days do not include public holidays of the Greek State.

Article 6. Receipt of the Equipment by the customer

6.1. The receipt of the Equipment takes place either at the Company's headquarters or at a branch, under the responsibility of the customer.

6.2. Upon receipt of the Equipment by the customer, the Company has the obligation to provide clear instructions for its proper and safe operation and to draw his attention to any unusual or dangerous properties.

6.3. The customer, upon receipt of the Equipment, acknowledges that he has been informed with the above instructions for its safe and proper operation.

6.4. The Customer expressly declares that the Equipment will be used only by himself, who has been informed of the above instructions for its safe and proper operation.

Article 7. Good use of the Equipment by the customer

The customer is obliged to use the Equipment in the way it is intended and to treat it diligently and in accordance with the instructions for its proper and safe operation received from the Company.

Article 8. Customer performance of the Equipment

The customer has the obligation to return the Equipment to the Company at the end of the Lease, in the condition in which he received it at the beginning of the Lease.

8.1. The lessee must return the equipment he has leased to the headquarters of the supplying Company, no later than 13:00, on the day predetermined during the lease. In any other case of delay, the renter will be charged with the corresponding relevant charges. Proof of return is considered to be the Quantitative Receipt Note issued by the supplying

Company upon return of the equipment by the lessee, the Acknowledgement of Receipt – Accompanying Bulletin issued by the Company.

8.2. Deliveries and receipts of equipment take place from Monday to Friday, from 08:00 to 16:00.

8.3. If the renter exceeds the rental duration agreed between the parties, the additional charge is calculated based on the corresponding rental price of one (1) day, multiplied by the number of days of delay.

8.4. The lessee, signatory, receipts upon receipt of equipment acknowledges that he has been informed about its safety and proper operation. In addition, he declares responsibly that it will only be used by himself or by persons authorized by him who have been informed of clear instructions.

8.5. In case of receipt of damaged, worn and/or incomplete equipment, the lessee must inform the supplier within two (2) hours of receipt of the equipment. The time of receipt is considered to be the time indicated on the relevant dispatch / delivery note. Otherwise, it is considered that the equipment is in perfect condition.

Article 9. Damage or Alterations

The customer is not responsible for damages or alterations due to the agreed use.

Article 10. Sublease / Concession of Use

The assignment or sublease of the Equipment by the Customer is expressly prohibited.

Article 11. Case of theft

In case of theft of the equipment, the lessee undertakes the financial coverage of full compensation for any positive or consequential damage that will occur, waiving at the same time any objection or objection regarding the restoration of the damage. The tenant must inform the local police authorities of the loss of the equipment and provide the supplier with a certified copy of the relevant report. In any other case, any day of absence of the equipment will be considered a delay and will be charged accordingly. Replacement of equipment (as stated in the relevant Dispatch Notes, Receipts and/or Service Invoices) by the lessee must be made within one (1) working day, otherwise the supplier has every right to proceed itself to the immediate finding and replacement of the equipment at the lessee's charge.

Article 12. Final provisions

The Company reserves the right to modify the Terms. Amendments will be made exclusively in writing and will not have retroactive effect. The supplier unilaterally reserves the right to terminate the contract, reserving its rights.

Article 13. Jurisdiction
For any dispute arising from the present lease of equipment, the Courts of Heraklion, Crete are responsible.

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