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MSA+ Master Lease Agreement Order Form Generic

Version 2.0

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Table of Contents


MSA+ MASTER LEASE AGREEMENTS
EFFECTIVE DATE
SCHEDULE NO
LESSOR NAME & ADDRESS
LESSEE NAME
LESSEE ADDRESS




Equipment Location:

*Should location of Equipment change during the Initial Term or any subsequent Renewal Term, please contact MSA Customer Service at 1-800-672-2222 or https://www.msasafety.com/contact-us. Please indicate to the Customer Service Representative that you are an MSA+ Lessee and would like to update your Equipment location.
This Master Lease covers the following described equipment (“Equipment”) and software subscription services (“SaaS Agreement”). By agreeing to this Lease, Lessee hereby agrees to the Safety io Subscription Services Agreement (“SaaS Agreement”) with [Enter Lessor Name], available at https://vault.pactsafe.io/s/0d70d348-5056-4f3b-a822-ed60e7964cc9/krvmwuout.html#contract-7zpd-qvnw4, incorporated herein as Appendix B. If the Lessee is also purchasing the MSA+ Device Protection Program, the Parties agree that the MSA+ Device Protection Program Terms and Conditions, which shall be attached herein as Appendix C, and incorporated as if fully set for the herein, also apply.
Item
Units
Months
Free Months Included
Rate
Tax



Subtotal
Tax Total (%)
Total


Lessee hereby irrevocably authorizes Lessor to insert in this MSA+ Master Lease Agreement (“Master Lease”) the Commencement Date and the due date of the first rental payment, which shall be effective upon written notice to Lessee.
The Equipment is hereby leased pursuant to the provisions of the MSA+ Equipment Lease Agreement (“Equipment Lease”), incorporated herein as Appendix A, between the undersigned Lessee and Lessor dated as of the Effective Date of the Equipment Lease, the terms of which are incorporated herein by reference thereto, plus the following additional terms, provisions and modifications as found in this Master Lease. Unless either party provides at least one hundred and twenty (120) days’ notice before the expiration of the Initial Term, the lease shall automatically renew for successive one-year periods (each, a “Renewal Term” and together with the Initial Term, the “Lease Term”). Lessor shall be entitled to increase the Rent up to 3% per year during each Renewal Term.

1. Initial Term (Number of Months)
months
2. Commencement Date
TBD
3. Email address of Lessee for notice of Commencement Date

4. Total Rents
5. Rental payment of [Enter Total] will be billed to Lessee on a(n) [Enter billing cadence] basis during the Lease Term. All invoices are due NET 30. The first invoice will be sent 10 days after Equipment is shipped.
6. Security Deposit (if any)
7. Incoterm

The Lessee shall return all of the Equipment at the expiration of the Term of the Lease, or sooner where provided in the Master Lease. The Lessor will then attempt to sell or lease the Equipment to another company.
To the extent of any conflict between any of the terms of the Agreement, the following order of precedence shall apply in descending order of precedence: (a) the Master Lease; (b) if applicable, the Device Protection Program Terms and Conditions; (c) the Equipment Lease; (d) the SaaS Agreement. Any terms and conditions of Lessee’s purchase order or similar document shall be deemed provided for convenience only and shall not apply.
Except as expressly provided or modified hereby, all the terms and provisions of the Equipment Lease shall remain in full force and effect. If Lessee is deemed an authorized MSA Channel Partner entitled to sublease the Equipment under Section 18 of the Equipment Lease, Lessee shall incorporate the following (or substantially similar) clause into its subcontracts: This sublease shall be subject to the same terms and conditions of the MSA+ Master Lease Agreement between [MSA Company] as Lessor and [Name of Lessee] as Lessee, and [Name of Sub-lessee] is bound by the same restrictions and obligations of Lessee under such agreement as if it were a party thereto.