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EXHIBIT 10.16
EQUIPMENT LEASE OR RENTAL AGREEMENT
Memorandum of Agreement made and entered into between Lessor and
Renter -
Western Express, Inc. with conditions and terms as follows:
WITNESSED:
1. Lessor hereby leases for the rental and upon the terms and
conditions
hereinafter set forth; the following described equipment:
TRUCK, TRACTOR OR TRAILER UNIT
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(List one unit only on form to avoid difficulties)
Make and Model: See attached list Type: 53' van trler Year
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Serial No.: Unit or Fleet No: See attached list
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State Registered: TN License No:
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2. The above described equipment will be used by the Renter
named below,
Western Express, Inc.
3. The Renter shall have exclusive possession, control, and use
of
equipment for the duration of this Agreement.
4. The Renter shall be fully responsible to the public and to
all
regulatory agencies having jurisdiction.
5. The Renter shall be responsible for the driver or drivers of
subject
vehicle and said driver(s) shall be employees of the Renter.
6. The Renter agrees to furnish any license required to operate
the
trailer in state of registration; and any special license as may
be required for
rental purpose.
7. It is agreed that any penalties or fines incurred, local,
state, or
federal, during the period covered, either for overwei
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