Rental Agreement – Framery One Compact
Date: ____________________
Order Number: ____________________
Company Details
Lessee: Spacetech Ltd.
Company Number (ח.פ): 511758237
1. Item Description- Framery One Compact – single-person acoustic booth
- Specifications as per attached technical sheet
- Quantity: 1 unit
2. Rental OptionsOption 1 — 36-Month Lease- Monthly Rent: 1,231₪ + VAT
- Includes: Delivery and installation
- Rental Period: 36 months
- Upfront Payments: 3
- Ongoing Monthly Payments: 33
Option 2 — 12-Month Rental- Monthly Rent: 2,463₪ + VAT
- Includes: Delivery and installation
- Rental Period: 12 months
- Upfront Payments: 2
- Ongoing Monthly Payments: 10
VAT: All amounts are subject to VAT according to applicable law.
3. Payment Terms- Rent is billed monthly unless stated otherwise.
- Payments must be made according to the invoice terms.
- Late payments may carry interest and linkage differentials as permitted by law.
4. Responsibilities- The Lessee is responsible for the proper and reasonable use of the unit.
- Any damage resulting from misuse, negligence, or unauthorized modification will be charged to the Lessee.
- The Lessor is responsible for technical malfunctions that are not related to misuse or external damage.
- Any required service must be coordinated with the Lessor.
5. Delivery & Pickup- Delivery and installation are included in the rental cost.
- At the end of the rental period, pickup will be coordinated with the Lessee.
- The booth must be returned in reasonable condition, subject to normal wear and tear.
6. Cancellation Termsa. During the Rental Period- Early cancellation is allowed after 12 months, with a cancellation fee equal to 3 months of rent.- Early cancellation is allowed after 6 months, with a cancellation fee equal to 2 months of rent.b. Lessor-Initiated Cancellation- The Lessor may cancel the agreement with 30 days' notice if:
- The Lessee fails to pay for more than 45 days, or - The unit is misused or damaged repeatedly.c. Return Conditions- Upon cancellation, the booth must be available for pickup within 10 working days.
- Failure to allow pickup may incur continued monthly charges.
7. SignaturesLessor: ____________________________ Date: _______________
Lessee (Spacetech Ltd.): ____________________________ Date:
_______________
Leasing Addendum – Use of Pods
Spacetech Ltd.
1. Definitions1.1. “The Booth” – The acoustic work pod (“Telephone Booth”) provided to the
Customer under the Leasing Agreement.
1.2. “The Supplier” – Spacetech Ltd.
1.3. “The Customer” – The party receiving the Booth for use in accordance with the
Leasing Agreement.
2. Delivery and Installation of the Booth2.1. The Booth shall be supplied and installed solely by the Supplier’s
representatives, in coordination with the Customer, at the Customer’s site on a
mutually pre-arranged date.
2.2. The Customer confirms that they have inspected the Booth upon delivery and
found it to be in good working order and suitable for its intended use.
3. Ownership and Use3.1. Ownership of the Booth shall remain with the Supplier at all times.
3.2. The Customer is permitted to use the Booth solely for work purposes and in
accordance with its original designation.
3.3. The Customer is prohibited from performing any modification, disassembly, or
additional installation to the Booth without the prior written approval of the Supplier.
Any relocation of the Booth, or a change in its installation, must be carried out
exclusively by the Suppliers representatives and will be subject to an additional
service fee payable by the Customer.
4. Maintenance and Responsibility4.1. The Customer undertakes to use the Booth with reasonable care, maintain its
cleanliness, and immediately report any malfunction or damage to the Supplier.
4.2. Basic routine maintenance is the responsibility of the Customer.
4.3. Repairs resulting from normal wear and tear shall be carried out by the Supplier.
Damages caused by improper use shall be charged to the Customer at full cost.
5. Liability and Risk5.1. The Customer shall bear full responsibility for any damage caused to the Booth
at its site from the moment of delivery until its return to the Supplier, excluding
damage resulting from natural wear and tear.
5.2. The Supplier shall not be liable for any indirect damages, loss of profits, or
disruption to the Customers activity due to the use of the Booth.
6. Security Deposit6.1. The Customer shall provide the Supplier with a security deposit in the amount of
5000 Nis + Vat (the “Security Deposit”) upon the signing of this Addendum.
6.2. The Security Deposit shall serve as security for the full and faithful performance
of all Customers obligations under the Leasing Agreement and this Addendum,
including but not limited to, payment for damages resulting from improper use
(Clause 4.3) and the cost of returning the Booth in a damaged condition (Clause 7.2).
6.3. The Supplier may use the Security Deposit to cover any outstanding amounts or
damages caused by the Customer. Should the Security Deposit be used, the
Customer must restore the full amount within ten (10) days of written demand.
6.4. The remaining balance of the Security Deposit, if any, shall be returned to the
Customer within thirty (30) days after the satisfactory return of the Booth and the
fulfillment of all Customer’s obligations under the Agreement.
7. Return of the Booth Upon Termination of the Lease Period7.1. Upon termination of the period, the Customer shall return the Booth in good and
reasonable condition, clean and without material defects.
7.2. Failure to return the Booth on time or its return in a damaged condition shall
result in a charge in accordance with the terms of the Agreement.
8. General Provisions8.1. This Addendum constitutes an integral part of the Leasing Agreement, and all
terms of the Agreement shall apply to it.
8.2. In the event of any contradiction between the provisions of the Leasing
Agreement and this Addendum – the provisions of this Addendum shall prevail.
8.3. The lease term specified in the main Leasing Agreement is a minimum period.
IN WITNESS WHEREOF, the parties have executed this Addendum as of the date
written below: