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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 ov
