Rental Agreement

Rental Terms and Conditions

THIS DOCUMENT GOVERNS THE TERMS OF YOUR RENTAL. PLEASE READ IT!

These Terms and Conditions, the rental document signed by the renter, vehicle inspection slips, a return document showing the rental charges, and any addenda
together constitute the rental agreement between the renter (“I”, “Me”, or “My”) and N66.is EHF or its licensee (“You” or “Your”). I agree to rent the car described on the rental document and/or its substitute and I agree to all the terms and conditions of the rental agreement. The car is delivered to me in good working condition and without damage except as noted on the
inspection slip.

1. Nature of this Agreement. By this rental I do not acquire any ownership rights in the car, which includes tires, wheel covers, keys, tools, equipment, and all other accessories. This agreement is solely for the purpose of creating a bailment which allows me to use the car under the terms of this agreement. I will not attempt to sell or assign the car or rental agreement and any such attempt is void. I am not your agent for any purpose whatsoever. I agree to return the car in the condition in which I received it at the time and place noted, or earlier if you request,
and to pay all charges due even if I did not specifically authorize the charges.

I AGREE THAT YOU MAKE NO WARRANTY, EXPRESS OR IMPLIED, REGARDING THEMERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTY OF ANY KIND, REGARDING THE CAR. YOU WILL NOT BE LIABLE FOR ANY MATTER, CAUSE OF ACTION OR DAMAGES ARISING OUT OF THIS RENTAL.

2. Who may Drive. I represent that I am a capable, licensed driver. I will not allow anyone other than an authorized driver to operate the car. Authorized drivers include anyone listed as such on this agreement who has signed it as such. All additional drivers must also be capable and licensed.

3. Prohibited Uses. Neither I nor any authorized driver will use the car or allow the car to be used in any of the following ways or for any of the following purposes:
a. by an unauthorized driver;
b. to push or tow anything;
c. to carry persons or property for compensation;
d. in a race, rallies, similar test, or contest;
e. on any surface other than a paved and regularly maintained road;
f. by anyone under the influence of alcohol, drugs, other intoxicants or any other substance which may impair driving ability, or by any person who has recently consumed any such substance and may be affected thereby (even one drink may affect driving ability);
g. giving driving lessons;
h. in the commission of a crime or could be charged as a crime;
i. while engaging in any willful or wanton misconduct, which among other things may include
failure to wear seat belts, use when overloaded, intentional abuse or damage to the car, aiding
in the theft of the car, etc.;
j. transportation of inflammable or dangerous goods, as well as toxic, corrosive, radioactive or
other harmful substances, etc.;
k. leaving the car and failing to lock all doors and trunk, remove the keys and close all windows;
l. transportation of live animals (except for domestic pets, subject to prior authorization);
m. if the car is obtained using any false or misleading information;
n. subletting the vehicle or attempting to transfer this agreement.
o. carrying anything which, because of its smell or condition, harms the vehicle or causes N66.is
EHF to lose time or money before it can rent the vehicle again;
p. with a roof rack, luggage carrier, or similar;
q. none of the goods and baggage carried in the vehicle, including their packing and stowage equipment, will be permitted to damage the vehicle, nor put the occupants abnormally at risk.
r. travelling to restricted countries by cross-border policy of You Use of the vehicle in any of
these ways is a violation of this contract, it voids any limitation of my responsibility, and it makes
me fully liable for all or your losses or damage. To the extent permitted by law, all Loss Damage
Waiver (LDW) and other liability protection, if any, will be void.

4. My Responsibility for Loss or Damage. I AM FULLY RESPONSIBLE AND ABSOLUTELY LIABLE FOR ALL LOSS OR DAMAGE TO THE RENTED CAR, REGARDLESS OF CAUSE, REGARDLESS OF FAULT, AND WHETHER I KNOW HOW OR WHEN THE DAMAGE OR LOSS OCCURS. If I purchase and accept by signing or initializing the optional LDW at the beginning of the rental, and if I use the vehicle in strict compliance with the terms of this agreement, you will waive my responsibility to the amount of the deductible for loss or damage to the car. LDW IS NOT INSURANCE. If I violate any provision of this agreement any LDW will be void. Unless my responsibility is waived by you, IN THE EVENT OF LOSS OR DAMAGE IWILL PROMPTLY PAY YOU OR YOUR REPRESENTATIVE FOR ALL OF THE FOLLOWING:

a. the value of the physical damage to be measured as follows; i. for a total loss, whether by damage, theft or otherwise, the retail fair market value of the vehicle, less salvage, if any; or ii. for loss not amounting to destruction, one of the following measures by which, through Your vehicle repair and resale experience, You deem to be the least-cost alternative, while using Your best efforts to minimize total damages; A. the difference between the value of the vehicle immediately before the harm and the value immediately after the harm, or, at Your election, B. the reasonable estimated retail value or actual cost for damage repair, plus any diminution of value after repairs; and damages for your loss of the use of the car during the time reasonably necessary. iii. the difference in the value of the car, if any, before the damage and after the damage repair;
b. damages for your loss of the use of the car during the time reasonably necessary to repair or
replace the car. I will pay loss of use at the daily rate specified in this rental agreement (as if I were continuing to rent the car) regardless of fleet utilization. I will pay loss of use damages for either the actual number of days from the date the loss or damage occurs until the car is replaced or returned to you repaired and ready to rent or estimated days to be repaired and ready to rent;
c. You are entitled to charge a fee of ISK 7613 to ISK 46000 for expenses or fees in connection with i.e. fines, damage, etc.:
d. towing and storage charges and any other reasonable incidental and consequential damages. e. in the event the car must be replaced, I will pay the actual cash value of the car, less salvage, if any.

5. In the event of Loss or Damage. In the event of an accident, theft, vandalism, or any other loss or damage, I will comply with all applicable laws. I will complete and deliver to you your accident report within 24 hours, and I will cooperate fully in your investigation. I will immediately
notify the police or other appropriate officials. Upon your request I will immediately provide you with all my insurance and other coverage information, and unless I pay You prompt of demand, I will promptly process the claim through such coverage. I will immediately deliver to you any process, pleading, notice or paper of any kind. If I fail to do any of these things, I will have breached this agreement.

6. Payment. I will pay upon demand all charges on the rental statement and all other charges associated with the rental. All charges are subject to final audit and to further damage inspection, either of which may not be performed until after I have left. If I am overcharged or undercharged, I will pay the corrected amount or receive a refund. IF I USE A CREDIT CARD, I AUTHORIZE YOU TO RESERVE CREDIT WITH THE CARD ISSUER UP TO THE AMOUNT OF THE ESTIMATED TOTAL CHARGES OR EURO 1’000, WHICHEVER IS GREATER. The
charges may include:
a. time and mileage charges at the rate on the rental statement, each 24 hours a new rental day
is due and You don’t refund unused time and mileage charges if I return the car earlier than
agreed on the rental agreement. In any case of return later than agreed on the rental agreement
I must get in touch with You before the rental agreement is Overdue;
b. a drop fee if the car is returned to any location other than the one it was rented from;
c. all applicable taxes, airport fees, etc. All fines, violations, traffic and parking tickets occurring
during the rental. If you must process tickets, up to ISK 10,000 service fee per ticket;
d. a refueling service charge at the rate specified on the rental statement if I return the car with
less fuel than when I received it;
e. if accepted, fees for LDW, PAI, and other optional charges at the daily rate specified even if
the car is not rented for a full day;
f. all expenses you incur in recovering the car under this agreement or if it is impounded or
seized;
g. interest on any amount due under this agreement at the amount permitted by law at least 6%
of the amount due;
h. all costs associated with your enforcement of this agreement or collection of any amount due
hereunder, including collection fees, costs, and attorney fees whether a lawsuit is commenced
or not;
i. all charges for damage or loss as set forth in this agreement;
j. all other costs and charges arising out of this agreement and my use of the car including all incidental and consequential costs.
k. all other costs until the end of rental: Outside operating hours, depositing the keys and documents in a letter box does not constitute the end of the rental. I remain liable for any damages until You take possession of the vehicle, its documents and keys. l. in case of late payments more than 70 days due, the dept collection partner is allowed to charge up to ISK 410,000 of the receivables below ISK 7,600,000.00 and up to 5.5% of the receivables above ISK 7,600,000.00 for the administration of the dunning process through a partnering collection service provider.

7. Other Provisions.
a. You will not be responsible for loss of or damage to any personal property in the rented car, in any other car belonging to you, or on your premises, even if in your possession, regardless of fault.
b. I WILL NOT ALLOW ANY SERVICE OR REPAIRS TO BE PERFORMED ON THE CAR WITHOUT YOUR AUTHORIZATION. If I do, you will not pay for such work and I will pay to have such work corrected. You will not reimburse me for authorized repairs without proper receipts.
c. If any provision of this agreement is illegal or unenforceable it shall be reformed to the minimum extent necessary to comply with law and the remaining provisions will nonetheless be carried into effect.
d. I will indemnify, defend and hold you harmless for any loss, liability, damages and expense arising out of any unauthorized or prohibited use of the car, or which exceeds your statutory liability as the owner of the car. You will not be responsible for any matter related to any breach
of this agreement.