It also describes the qualification requirements of a company car, the basic rules that employees must follow when using company vehicles and disciplinary measures for the misuse of vehicles. In the event of any dispute regarding this Agreement, this Car Rental Agreement shall be construed by the laws of the State and any legal action or arbitration shall be filed with the [COUNTY] of the State [STATE]. If any part of this Agreement is held by a court of competent jurisdiction to be unenforceable, the remainder of the Agreement shall still be fully operational. PandaTip: We recommend that you include either the state or the country, but if the car can be driven anywhere, you can delete this sub-clause and re-number the following clauses. 7.23 The obligations and benefits arising from the car rental agreement may be assigned by any party, provided that the other party consents in writing. PandaTip: Rental rates must be described in as much detail as possible, the car or any other vehicle can be rented for a flat fee, weekly fee, monthly fee, per trip or per mile. The examples are “. the sum of 5,000 USD”, “. the sum of USD 500 per calendar month paid on the last day of each month in which the car rental contract is in force”. The sum of $0.50 per mile driven by the vehicle is payable monthly and is calculated by reference to the vehicle`s odometer. 7.26 Both parties warrant that they submit to the exclusive jurisdiction of the courts and the legal order referred to in clause 10.

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