RENTAL AGREEMENT

AN AGREEMENT made this

day of
, 2007 Between SIVA A/L SUBRAMANIAM (NRIC NO:
730327-14-5389/A2440379) (trading as SK SETIA ENTERPRISE
(Registration No: 001396154-M1/SKT 13032004) of No. 36,
Lorong Hijau 1/3, Taman Hijau, 48000 Rawang, Selangor Darul
Ehsan (hereinafter referred to as the Party A) of the one part.
AND
PUSPALATA A/P GOPALKRISHNAN (NRIC NO: 770624-145752/A3654257)
(trading
as
YASHIRAN
ENTERPRISE
Registration No. SA0020412-D) of No. A/8/1, Taman Dato
Kandan Batu 8, 47100 Puchong, Selangor Darul Ehsan
(hereinafter referred to as the Party B) of the second part.
WHEREAS:A.

Party A is the legal and registered owner of the Vehicle,

particulars of which are as follows:Registration Number
Engine Number
Chassis Number
Make
:
Model Name
:
Engine Capacity
Fuel
:
Colour
:
Class-Usage
:
Body Type
:
Year Made
:
Registration Date
Owner status
:
Seat
:
License payable

:
:
:

:
6 months 12 months -

(hereinafter referred to as the said Vehicle)

B.

Party A hereby agrees to let and Party B to agrees rent the said
vehicle at monthly rental of RM1200.00 per month commencing

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5th day of June, 2007 and subject to the terms and conditions
hereinafter contained.

NOW THIS HEREBY AGREED AS FOLLOWS:1.

Party A hereby lets and Party B hereby rents the said Vehicle for
rental for a period of one (1) year commencing 5 th day of June,
2007 until 3rd day of June, 2008.

2.

The first rental of RM1200.00 shall be paid upon execution of

this Agreement and all subsequent rental shall be paid to Party
A via cheque made payable to SK Setia Enterprise on or before
the 7th of each month.

3.

Party B shall pay a sum of RM2400.00 as rental security deposit,

which deposit shall not be deemed to be payment of rent in
advance. Such deposit shall be returned to Party B without any
interest less any lawful deductions by reason of any breach of
the terms and conditions hereinafter contained by the Party B at
the determination of the terms hereby creatable or earlier
determination thereof.

4.

The deposit sum of RM2400.00 should be paid in the following

manner:(i)
A sum of RM1200.00 to be paid upon execution of this
Agreement; and
(ii)

The balance deposit sum of RM1200.00 shall be paid by

way of monthly installments of RM100.00 per month
commencing 5th day of June, 2007 and all subsequent
installment is to be paid on or before 7th of each month.

5.

Party B shall take possession of the Vehicle upon execution of

this Agreement.

6.

Party A shall ensure that all (if any) claims, interest, fines,
penalties, summons, levies, costs, losses, damages, payments,
and/or legal action as at the date of this Agreement shall be
properly paid off and dealt with.

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7.

Party B shall be fully responsible for the said Vehicle and the
Party Bshall indemnity and keep Party A indemnified at all
times against all and any claims, interests, fines, penalties,
summons, levies, costs, losses, damages, payments, and/or legal
action which may arise or be incurred by the
Party
B/servant/agent/customer/any other third party as a result of the
use/misuse of the said Vehicle, commencing from the date of
this Agreement.

8.

Party A shall be responsible to take the vehicle for inspection

and purchase First Party Insurance and Road Tax for the said
Vehicle and shall forward a copy of the Insurance Certificate
and Road Tax to Party B.

.
9.

Party B shall be responsible to ensure the said vehicle is in good

condition for inspection and abide with the terms of the First
Party Insurance Contract.

10.

The said Vehicle must be maintained in roadworthy condition at

all times by Party B

11.

In the case of accidents, mechanical or other technical problems

all repairs necessary shall borne by Party A if the cost is
RM1000.00 or below. In the event that the cost exceed
RM1000.00, it shall be borne by Party A and Party B equally.

12.

In the event that Party B:(a)

defaults in any of the monthly rental in accordance to

terms and conditions hereto or any of the portions or
interests payable as a result thereof; or

(b)

defaults in any of the terms herein stated or fails to

adhere to any undertaking herein mentioned.

Party A shall in accordance to this Agreement, terminate this

agreement and take possession of the said Vehicle, as such will
render this Agreement void and neither party hereto shall have
any claims whatsoever against the other save and except for any
antecedent breach.
13.

Party A shall not make or cause any variations to the said

Vehicle. Any alterations or variations made to the Vehicle from
the specifications mentioned herein can only be made with the
prior approval in writing of Party A.

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14.

Party B shall not at any times use the said Vehicle for illegal
activity whatsoever.

15.

Time wherever
Agreement.

16.

The parties hereto agree that this Agreement shall be governed

by the Laws of Malaysia and hereby further agree to submit to
the jurisdiction of the respective Courts of the states of Malaya.

17.

(a)
The service of any notice pursuant to the provisions
of this Agreement
and/or any Legal process may be given by hand in which
case services of the notice and/or Legal Process shall be
the date of acknowledgements or by prepaid registered
post sent to the respective address stated herein of the
parties hereto and such notice and/or Legal Process shall
be deemed to have been duly served after the expiration
of Five (5) working days from the date it is posted.
(b)

18.

mentioned

shall

be

the

essence

of

this

Any change of address by any party to this Agreement

shall be informed to the other party.

In this contract where the context so permits:(i)

Words improving the masculine gender shall be deemed to

include the feminine and neuter genders and words
importing the singular number shall include the plural and
vice versa.

19.

Party B shall bear the solicitors cost and stamp duties payable
for stamping of this Agreement.

20.

Each clause and sub-clause hereof shall be deemed to be

independent and the invalidity of any such clause or sub-clause
which may be unenforceable as contrary to the principles of
Laws of Malaysia shall not effect the validity of any other
clauses of this contract.

20.

This Agreement shall be binding upon the heirs, personal

representative, successors in title and the assignees of the Party
A and the Party B.
(THE REST OF THE PAGE HAS BEEN INTENTIONALLY LEFT
BLANK)

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IN WITNESS HEREOF the parties hereto have hereunto set his

hands the day and year first above written.

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SIGNED by the Party A )

In the Presence of

)
SIVA A/L SUBRAMANIAM
(NRIC NO: 730327-145389/A2440379)
(trading as SK SETIA
ENTERPRISE)
(Registration
No:
001396154-

M1/SKT 13032004)

SIGNED by the Party B )

In the Presence of

PUSPALATA

A/P

GOPALKRISHNAN
(NRIC NO: 770624-145752/A3654257)
(trading

as

YASHIRAN

ENTERPRISE )
(Registration No.
SA0020412-D

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