The rental period you choose for your equipment rental depends on your situation. For example, if you make a camera available to someone to photograph a single event, you can choose to use an end date in your agreement. Alternatively, if you are a heavy machinery rental company and you rent a mini excavator from another company for a long-term construction project, you can choose to use a contract that will be renewed monthly or annually, so you won`t have to sign another lease agreement if the project takes longer than expected. In general, you can rent devices for a fixed or indefinite period: any individual, company, company or organization can use a hardware rental contract if it is necessary to rent a device for any reason. First, the company can purchase the necessary equipment in cash. In addition to the rental fee, the tenant pays a deposit in the amount of [AMOUNT IN WRITTEN DOLLARS] in dollars ($[AMOUNT IN DIGITAL DOLLARS]) before receiving equipment and at the time of signing this contract. This deposit is refunded to the tenant at the end of this agreement, subject to the possibility for the lessor to collect it against any costs or damages incurred. All sums that can be reimbursed to the tenant must be paid at the time of termination of this equipment rental agreement. The guarantor shall be remunerated with an annual interest rate of [PERCENTAGE] from the date of payment to the lessor until the date of repayment on the basis of the total amount of the deposit. Examples of provisions that should be made even for the simplest lease are the following: we, the undersigned, have agreed that we have read this contract and that we are bound by its general conditions of sale. 6.