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Agreement between Rentrip Services Pvt Ltd

And
________________________________

This agreement is made and executed between Rentrip Services Pvt Ltd which is a company registered
under Ministry of Corporate Affair under Companies Act 2013 having registered office at Arya Samaj
Bhavan, Katra Abdul Gani, Fatehpur -212601 (U.P) and
Mr._______________________________________ son of
Mr._______________________________having address
at_________________________________________________ on ______day of _____________2018.
_________________________(Name)_agree to have agreed by terms which are stated as below in this
document. Expression Company means Rentrip Services Pvt Ltd (First Party) which is stated as We in
the document and Dealer means _________________________________ who is stated as You and is
the second party.

Second Party agrees to the following terms with first party.

1. You agree to pay charges equal to the 20% of your quoted price of your motorcycle to the
Rentrip Services Pvt Ltd for the use of technology services provided to you. Payment statement
for all the completed bookings in the week same shall be generated electronically on weekly
basis on each Monday and the amount shall be transferred to your bank account within the
period of three days after generation of payment statement. However we do not accept any
claims arising due to delays in payment due to bank holidays, strikes and any other unforeseen
circumstances.
2. You will be notified about bookings via email and short messaging services on the details
provided by you.
3. It is the sole responsibility of you to notify Rentrip.in about any offline bookings taken by on
your own. You will notify such bookings to the company by means of electronic login to your
dashboard on www.rentrip.in or by means of email/support services. No commission shall be
charged on these bookings by us and the purpose is to only streamlining the inventory
management process.
4. It is agreed by you to fulfill the booking once assigned. In the event of cancellation by you
exceeding more than 10% of the booking assigned, we have the right to terminate your services
without any prior notification. There will also be a penal deduction of 20% of booking amount in
the event of each cancellation by you.
5. It is your sole responsibility to provide a fully serviceable motorcycle at the time of booking. You
also agree to maintain the highest level of serviceability of your vehicles by means of required

(Signature of the Dealer/

Authorized signatory of the
institution)
Name:
Date:
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checks on vehicle after completion of each booking. You also agree to abide by our quality
guidelines issued from time to time.
6. Rentrip Services Pvt Ltd and its administrators or employees shall accept no claims arising out of
loss of your rental vehicles and its accessories due to theft, accident, natural calamities and
negligence by any of the parties involved.
7. You will not rent your rental vehicles to any third party lower than the rates quoted to us.
8. We agree to assign more business to you when rentals are quoted at lower prices. This means
that bookings assigned to you will be inversely proportional to the rental rates quoted by you.
9. In the event of any servicing of the vehicle falling due between any assigned trips, you will notify
the customer for getting the bike serviced in any of the authorized workshop. The sole
responsibility for such servicing is on you. You also agree to pay the reimbursement for such
charges to the customer directly on production of the bill.
10. In the event of any conflicts arising between the customer and you, you agree not to directly
involve in any argument with the customer. Our dealer’s support should be notified about such
occurrences as soon as possible for resolution of the same.
11. You agree not to charge security deposit on any rented vehicle more than 10% of the ex
showroom value of the vehicle.
12. You agree to keep the security deposit and other documents of the customer in the safe
custody. Receipt for the same to be given to the customer at the time of picking up of the
vehicle. Same must be returned to the customer at the time of drop off and a proper proof of
return of deposits will be taken and preserved by you till six months from the date of drop off of
rental vehicle.
13. You agree to display banners, posters and other promotional material provided by us from time
to time at the place where it is visible to the customers.
14. We will pay you after deduction of our commissions which is 20% of the quoted price by you on
website. However we have complete right to take the bookings at any price as we may deem
reasonable on our website. Any proceeds accrued by such bookings shall be the sole property of
us.
15. Any seasonal prices are to be updated on Dealer Dashboard on RenTrip.in and shall be your sole
responsibility.
16. We may also book your rental vehicles at prices lower than the quoted price by you on account
of offers/ discounts to our customers. Such losses arising out of such discounted bookings shall
be taken by us and we agree to pay you your quoted price after deduction of 20% of our
commissions.
17. You agree to maintain your availability of rental vehicles regularly in real time. You also agree to
provide real images of vehicles, registration certificate, insurance papers and any other legal
document as demanded by us time to time.

(Signature of the Dealer/

Authorized signatory of the
institution)
Name:
Date:
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18. You permit Rentrip.in and its officials to have quality checks on your vehicles carried out time to
time.
19. You agree to provide the customer the same vehicle which is assigned by us to you. In the event
of vehicle not being available, you can provide same or higher class of the vehicle to the
customer for no extra charge to the customer. In such cases you must inform us. In the
instances where you provide higher class of vehicle, a written approval from the customer will
be taken at the time of pick up.
20. You agree that we do not to charge the customer for late return of rental vehicles till one hour
of drop off time (in case of daily booking format), 15 min (in case of hourly booking format) and
2 hours (in case of weekly and monthly booking format). If the vehicle is available, customers
may extend their trip and will not be charged any penalties in such case.
21. You agreed that we may waive off security deposits for some of its esteemed customers. The
responsibility of us in such cases shall be limited to the payment to you up to the amount of
security deposits on behalf of customer (in case of damages only).
22. You also agree to pay all the legal taxes as applicable to you and provide us your GSTIN if
available.
23. You will be paid the rental charges on hourly, daily (24 hrs), weekly and monthly basis as
provided by you and as booked from the customer.
24. You agree to provide one complimentary helmet to the customer. However if the customer
needs another one, you can take the rental amount as INR 50/- flat for rental period
whatsoever.
25. You agree to provide the motorcycles on unlimited kilometer basis. This reflects that there is no
restriction or limit the customer can drive and same is agreed by you.
26. You are liable to provide your correct address from where the customer will pick the
motorcycle. You must provide the Latitude and Longitudes in the location section of dealer
dashboard.
27. You are advised to take and verify the correct documents from the customer as follows-
 Photocopy of Driving License.
 One Original Address proof (Aadhar card, Voter ID, Bank Passbook, Passport).
 Two Photographs.
 Verification of age and driving ability.
 Recording video, taking photographs at the site while pick up and drop.
 Getting declaration from the customer in the written.
 Getting indemnity bond duly signed from the customer.

28. You are advised to facilitate customer before his/her booking so that they can get the correct
status of the bikes. It will also help them to reach the pickup location easily.

(Signature of the Dealer/

Authorized signatory of the
institution)
Name:
Date:
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29. You should always be available at your location. In case you are not, there should be someone
else available who can provide the bike from on your behalf.
30. It is compulsory to provide a working phone number of your business to enable us to connect
with your business seamlessly.
31. The customer has every right to check and inspect the bike before taking it. You are advised to
cooperate for the same.
32. Prices agreed shall be as per Annexure A or as amended time to time by you. Same to be
informed on email / updated on Dealer Dashboard.
33. The onus to have compliance with all statutory and regulatory requirements is on you.

Annexure A
Price Quotation By Dealer

Sl No Bike Model Price Price Price Price Remarks

Hourly Daily (24h) (Weekly) (Monthly)

Sl No Bike Model Price Price Price Price Remarks

(Signature of the Dealer/

Authorized signatory of the
institution)
Name:
Date:
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Hourly Daily (24h) (Weekly) (Monthly)

(Signature of the Dealer/

Authorized signatory of the
institution)
Name:
Date: