Global Rental Energy

General Terms and Conditions for Sales and Services

Global Rental Energy provides a variety of services and products to meet the needs of our customers. As such, we have established the following general terms and conditions for all sales and services provided by our company. These terms and conditions apply to all contracts, agreements, and transactions between Global Rental Energy and our customers, unless specifically agreed otherwise in writing.

• Prices and Payment Terms All prices quoted by Global Rental Energy are in US dollars and are valid for the duration specified in the quotation. Our prices do not include any applicable taxes, duties, or other fees, which are the responsibility of the customer. Payment terms for all sales and services are net 30 days from the date of invoice, unless otherwise agreed in writing.
• Delivery and Risk of Loss Delivery times for products and services will be specified in the quotation or agreement. All products are delivered FOB Global Rental Energy's facility, and risk of loss or damage passes to the customer upon delivery to the carrier. Any claims for loss or damage must be made directly with the carrier.
• Title and Ownership Title to all products sold by Global Rental Energy remains with Global Rental Energy until payment has been made in full. Until payment is made, the customer agrees to keep the products separate from other products and to keep them in good condition.
• Warranty Global Rental Energy warrants that all products and services will be free from defects in materials and workmanship for a period of 90 days from the date of delivery. If any defect arises during this warranty period, Global Rental Energy will, at its option, repair or replace the defective product or service, or refund the purchase price.
• Limitation of Liability In no event shall Global Rental Energy be liable for any special, indirect, or consequential damages arising from any breach of contract or warranty, or from any other cause, whether based in contract, tort, or otherwise. Global Rental Energy's liability for any claim arising from or related to the sale or provision of products or services shall be limited to the purchase price paid by the customer.
• Force Majeure Global Rental Energy shall not be liable for any failure to perform its obligations under these terms and conditions if such failure is caused by events beyond its reasonable control, including but not limited to acts of God, war, terrorism, fire, flood, or other natural disasters.
• Intellectual Property Global Rental Energy retains all rights to its intellectual property, including but not limited to trademarks, trade names, patents, copyrights, and trade secrets. The customer agrees not to use or disclose any of Global Rental Energy's intellectual property without its prior written consent.
• Confidentiality All confidential information exchanged between Global Rental Energy and the customer shall be kept confidential and shall not be disclosed to any third party without the prior written consent of the other party.
• Governing Law and Dispute Resolution These terms and conditions shall be governed by and construed in accordance with the laws of the State of Texas. Any dispute arising out of or related to these terms and conditions shall be resolved by arbitration in accordance with the rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
• 10. Entire Agreement These terms and conditions constitute the entire agreement between Global Rental Energy and the customer and supersede all prior negotiations, understandings, and agreements, whether oral or written. These terms and conditions may not be modified or amended except in writing signed by both parties.