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RENTAL PROTECTION PLAN PROGRAM AGREEMENT
<br />If you elect to maintain All Risk Property Insurance coverage, and the certificate of insurance You provide to Rain
<br />for Rent to evidence Your insurance coverage expires or is cancelled for any reason, You agree Rain for Rent may
<br />charge RPP for Your rentals until such time as You provide an acceptable and valid certificate of insurance to
<br />Rain for Rent.
<br />This Rental Protection Plan Program Agreement (this "RPP Agreement") is entered into between the undersigned Rentor and Rentee
<br />in relation to the Master Rental and Sales Agreement (MRSA) between Rentor and Rentee. If Rentee has checked or initialed, as
<br />applicable, the Rental Protection Plan Program (the "RPP Program") box on the quote, then Rentee has opted -in to the RPP Program
<br />and this RPPP Agreement shall supplement the MSRA whether or not executed by Rentee. Rentee understands and agrees that the RPP
<br />Program is not insurance and that the RPP Program provides only limited coverage, as described below.
<br />1. Cost; Deductible; Maximum Coverage; Rentee shall pay a fee equal to 14 percent (14%) of the rental charge for each
<br />covered item, which fee shall be listed on each invoice during which period Rentee has opted to participate in the RPP Program. In the
<br />event of a Covered Occurrence, as defined below, Rentee shall further be responsible for the lesser of $500 or 10 percent (10%) of the
<br />total loss, as a deductible. The maximum coverage available under the RPP Program is $150,000 per Covered Occurrence, whether or
<br />not there is more than one piece of equipment involved in the occurrence.
<br />2. Coverage; The RPP Program provides coverage only for losses involving Covered Equipment, as defined below, in the
<br />following instances: fire that was not caused by Rentee's gross negligence or willful misconduct; theft for which a police report was
<br />filed, and that occurred despite Rentee's reasonable precautions to protect and secure the covered equipment; and vandalism for which
<br />a police report was filed (individually, "Covered Occurrence," and collectively, "Covered Occurrence"). The RPP Program provides
<br />coverage only for the following types of equipment: pumps, electric submersible pumps, tanks, generators, light towers, filtration,
<br />boxes, heaters, spillguards, safety products, sprinklers, hoses, pipe, valves and fittings ("Covered Equipment"). Coverage does not
<br />extend to any equipment not owned by Rentor such as re -rented equipment.
<br />3. Exclusions; The RPP program does not cover any equipment or event of loss that is not specifically described in Section 2.
<br />Without limiting the foregoing, the RPP Program does not provide coverage for the following: misuse of equipment; willful abuse of
<br />equipment; failure to maintain equipment; failure to secure items from theft (including but not limited to failing to store items in a
<br />fenced, locked area or failing to maintain personnel on site); damage or theft while in transit to or from a jobsite; corrosion from any
<br />source; any damage caused by named storm events; any instance that occurs while the account is not in good standing, such as a
<br />default as defined in the MRSA or upon written notice of non-payment; and any occurrence not reported to Rentor within 24 hours
<br />after the occurrence. The RPP program does not provide coverage for: electronic equipment (controls, instrumentation, and wiring),
<br />flow meters, water meters, wheel wash systems & accessories, Freezesentry items, or tires.
<br />4. Claims; All claims must be submitted within 24 hours of the Covered Occurrence. Rentor's mechanic will inspect the
<br />equipment following any claim. The mechanic's findings as to the cause of the damage and cost of repair will be final. In the event of a
<br />theft or vandalism, Rentee must also provide supporting evidence that the site was secured at the time of loss.
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<br />Quotation 1027 -IND -962104 Confidentiality Notice: This quotation and any associated document(s) are privileged and confidential, and are intended for the sole use of the addressee(s). They cannot be used,
<br />circulated, duplicated, quoted or otherwise referred to or disclosed to third parties for any reason without the written consent of an Officer of Western Oilfields Supply Company dba/Rain for Rent. If you have
<br />received this information in error, please immediately contact us at return@rainforrent.com. Thank you.
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