EQUIPMENT RENTAL AGREEMENT & LIABILITY WAIVER This Agreement is entered into on this day ofSeptember 5, 2025. Lessor: Gearonimo Sports Inc.
1401 South 8th Street, Colorado Springs, CO 80905 1. Equipment - The following rental equipment is covered under this Agreement: skis, ski boots, snowboards, snowboard boots, ski bindings, snowboard bindings, and ski poles. These will be hereafter referred to as “equipment”.
2. Term - The rental period begins on the date this Agreement is signed and ends on May 31, 2026, unless Equipment is returned earlier or this Agreement is voided by Gearonimo Sports staff.
- This means that all equipment must be returned by may 31st or additional charges will apply.
3. Rental Fees & Deposit - Rent cost: Equipment rented before Nov 1st = Adults $140 / Children $85(plus sales tax and deposit). Equipment rented after Nov 1st = Adults $175 / Children $135 (plus sales tax and deposit).
- Deposit: $75. This is refundable at the end of the rental onlyif all obligations are met and gear is returned in good condition as determined by Gearonimo Sports staff. If conditions are not met, the deposit will be kept by Gearonimo Sports.
- The Deposit may be applied toward damage repair, or replacement costs.
- Payment is due before the Lessee takes possession of the Equipment.
4. Equipment Use - Lessee agrees to use the Equipment only for its intended purpose (skiing or snowboarding on snow at ski resorts).
- Equipment MUST NOT be used in any parking lots.
- Equipment must not be adjusted, altered, or modified without written approval by Gearonimo Sports.
- Lessee must follow all manufacturer guidelines and laws, and follow all rules at any resort.
5. Care, Damage & Loss - Lessee is responsible for maintaining Equipment in good condition, normal wear and tear (as determined by Gearonimo Sports staff) may be expected with intended use.
- If Equipment is damaged (as determined by Gearonimo Sports), Lessee will pay all repair costs. This cost will be determined by Gearonimo Sports
- If Equipment is lost, stolen, or beyond repair (“Total Loss”), Lessee will pay the replacement cost. Replacement cost is defined as the current retail value as determined by Gearonimo Sports.
6. Ownership - Equipment remains the sole property of Gearonimo Sports unless purchased outright by the undersigned lessee.
7. Return of Equipment - Lessee must return Equipment to 1401 South 8th Street, Colorado Springs, CO 80905 on or before the end of the rental period May 31st 2026.
- Failure to return Equipment will result in charges equal to equipment market value (estimated by Gearonimo Sports) + 10% penalty AS WELL AS keeping the $75 down payment, at which point ownership passes to the Lessee.
8. Liability Waiver & Assumption of Risk - Lessee understands and assume all risks associated with skiing, snowboarding, and related activities. These activities involve inherent risks, including risk of injury or death.
- Lessee voluntarily assumes all risks of using the rented Equipment.
- Lessee releases and agrees to hold harmless Gearonimo Sports, its employees, and agents from any and all claims, liability, or demands, including those arising from the negligence of Gearonimo Sports.
9. Ski DIN setting/ Snowboard stance - Lessee understands that the ski binding system cannot guarantee the user’s safety. In downhill skiing, the binding system may not release at all times or under all circumstances.
- Lessee understands that the snowboarding binding system will not ordinarily release during use; these bindings are not designed to release as a result of forces generated during ordinary operation.
- Lessee will not hold Gearonimo Sports, or any Gearonimo Sports staff responsible for any equipment malfunctions.
10. Indemnification - Lessee agrees to indemnify and defend Gearonimo Sports against any claims, damages, or costs (including attorney’s fees) arising from Lessee’s use or misuse of the Equipment.
11. Default - If Lessee fails to pay or otherwise breaches this Agreement, Gearonimo Sports may:
- Keep the Lessee’s Deposit ($75)
- Demand immediate payment of all replacement costs and any other associated costs
- Repossess the Equipment
- Pursue legal action under Colorado law if payment is not given
11. Governing Law - This Agreement is governed by the laws of the State of Colorado.
12. Entire Agreement - This document is the complete agreement. No verbal promises or exchanges are binding.
13. Notice to Lessee - This is a rental, not a purchase. You are entitled to request a copy of this Agreement when signed.
Today's Date: September 5, 2025 |