Commercial Vehicle/Equipment Rental Agreement please print and fax to: 281-842-9345 stutes enterprise systems, inc. (“Lessor”), located at 1426 direction rd #5, laporte, texas 77571, leased to , (“Renter”), which is located in , , , all vehicles and/or. At the end of the rental of the vehicle, the renter returns the vehicle to the owner or, if the option is given, he accepts the purchase of the vehicle. If the renter chooses to purchase the vehicle, his rents are charged to the total purchase price. PandaTip: If you do not wish to include the right to arbitration or wish to choose another arbitrator, please delete or modify this clause. Arbitration is a private agreement (unlike a legal case) and is sometimes involved to show the parties that they cannot obtain benefits by threatening to file a claim, but that they must be prepared to go through a fair arbitration hearing.
