Rental Contract

Plum Grove Music, LLC (PGM) agrees to rent: _____________. Model: _____________, Serial: _____________, Size: valued at $_____________ for a period of three months, beginning _____________ and ending _____________ at a three-month rental fee of $_____________ with a free Maintenance & Replacement Agreement (M&R).

Next Due Date: _____________ Amount Due: $_____________ (Monthly Auto Bill)

The M&R covers normal wear, accidental breakage, open seams, any adjustments to the soundpost or bridge, string replacement, and bow rehairing. The M&R also covers loss due to fire and theft subject to proper documentation. In the event of damage due to abuse, neglect, malicious or careless actions, or repairs made by anyone other than Plum Grove, the renter will be liable for the list price of the instrument. The Plum Grove repair staff will determine if such damage was the result of any of the aforementioned activities.

This contract will automatically renew for an additional month if the instrument is not returned on or before the last day of the rental period and / or payment is received on time. It is the responsibility of the renter to return the instrument to PGM if they do not wish to renew the contract. PGM does not prorate rental fees.

Payments are due by the first day of each rental period. A late fee of $5 will be charged for payments not received by the due date. Payments are charged to card on file.

The renter may have the option, at any time while renting, to purchase an instrument from PGM and may apply 100% of the rental fees for up to 50% of the purchase price. The renter has a period of 90 days after the cancellation of the rental contract to use their accumulated equity with PGM or it is forfeited.

In the event that the renter is delinquent for more than 30 days in payment they will be responsible for the list price of the instrument they were renting, all unpaid rental fees (including late fees), and any legal and / or miscellaneous fees incurred by PGM to acquire the restitution stated above. PGM is authorized to charge the renters Credit/Debit card to obtain such compensation.

PGM reserves the right to terminate this agreement at any time.