2. COMPENSATION
In full and complete consideration for the services to be rendered hereunder, the Lessor shall be compensated based on the following rates. The compensation is $/Day for the rental days between the start date and end date. If the items in the agreement are not returned on the end date, the Lessee agrees to pay the non-discounted daily rate (additional 30%) of the Equipment for any additional days.
3. TERMINATION
Lessee shall have customary rights of suspension and termination by reason of any event beyond Lessee's control which materially hampers production of the Picture, including, without limitation, force majeure, labor strike, or the death, material default, illness or incapacity of the Lessee or the Director, the Director of Photography, or any principal cast member.
If the Project is canceled for any other reason, the Lessor is to be paid a percentage of what the Lessor was supposed to receive as payment after the end date. The percentage is decided in the following manner:
1-7 days' notice 100.00%
8-14 days' notice. 75.00%
15-21 days' notice 50.00%
22-28 days' notice. 25.00%
4. INDEMNITY
The Lessee agrees to defend, indemnify, and hold Lessor harmless from and against any and all claims, actions, causes of action, demands, rights, damages of any kind, costs, loss of profit, expenses and compensation whatsoever including court costs and attorneys' fees (“Claims”), in any way arising from, or in connection with the Vehicles and Equipment rented/leased (which vehicles and equipment, together, are referred to in this document as “Equipment”), including, without limitation, as a result of its use, maintenance, or possession, irrespective of the cause of the Claim, except as the result of our sole negligence or willful act, from the time the Equipment leaves the Lessor’s place of business when you rent/lease it until the Equipment is returned to Lessor.