Equipment Lease Agreement
Hardware
Changes to any hardware is prohibited with exception to harddisk for server. The opening of the equipment case or any location that is seal with sticker, any removal or tampering of the sticker is strictly disallow. if the sticker is being removed or found to be tampered, customer will be liable to pay up to 6months of lease price with security deposit being forfeited.
Request of adding/removing/changing of hardware is required to be perform by our authorized staff or written consent has been approval to customer to perform such hardware changes.
Firmware
Customers are not allowed to add, remove, alteration, update, upgrade or downgrade any firmware of the lease equipments without any written consent. Any firmware changes will require written consent with only mention or specified version and date of firmware. Failure to comply will be considered as Damage and Damage rules and clause will applies.
Lease Terms
Minimum lease term (period) as defined in order must be fulfilled. Customers failure to comply of completing the minimum lease term will have to forfeit any security deposit in full and server will have to be return in its original issued condition as collected or delivered.
Damage
Any physical damage, warranty or seal sticker being void, customer will be liable to pay up to 6 months of the lease price. Failure to comply will result in legal claim against the customer.
Payment
Recurring payment as according to first issued invoice date must be strictly follows. Delay of recurring payment for up to Seven (7) days will incur late payment charges. Late payment charges is based on 10% of lease price. After one month of late payment, lease will be terminated and security deposit will be forfeit, customer has to return the lease equipment in its issued original state or condition or else Damage clause/rules will applies.
Security Deposit
All equipments lease will require security deposit of minimum 2 months lease price unless otherwise stated in the order or invoice of different stated security deposit amount. Security deposit will be required during delivery or collection of the equipment by mode of payment Cheque/Cash. A security deposit reciept will be issued to customer for proof.
