MAD Cycles
RENTAL AGREEMENT AND POLICIES


  I hereby acknowledge and agree to the following rental agreement terms and conditions:
1- Bicycles/Electric bikes are rented out clean and in proper working condition and must be returned in the same  manner.
2- Helmets are included in the rental. Florida state law requires persons under the age of 16 to wear a helmet. 
3- Electric Bikes are not permitted on the beach. Will be fined $500.
4- LATE FEE - $35 PER 10 MINUTES.
5- All bikes and electric bikes are maintained on a daily basis. It is the responsibility of the client to check the bike at the store BEFORE setting out on any ride.

  Customer agrees to return the bike in clean, UNDAMAGED condition to avoid any ADDITIONAL charges for repair, maintenance or replacement. Customer accepts use of the equipment, AS IS, in good condition and accepts full responsibility for care of the equipment while under his/her possession. Damaged parts or components will be repaired/replaced at the shop’s discretion and customer agrees to pay regular shop rates and retail prices for components replaced. Clean condition means normal wear and tear is accepted but does not include water damage, broken spokes, rims, bent rims, damaged frames, handlebars, seats or other parts from misuse and/or crashes. Hourly and Daily rentals are due back 15 minutes before closing time. Late returns are subject to fees.
  Customer agrees to provide MAD Cycles with credit card details, for precautionary use only: I authorize MAD Cycles to charge the credit card the have on file for me for all eventual costs in case of damages to the bicycle(s) during my rental period, comprehensive of labor, except in the case that I can demonstrate other’s faults with evidence and all necessary information for reimbursement. In case of theft, I will be responsible for reimbursing MAD Cycles for the original price of the bicycle(s), plus the cost of any accessories that were provided at the time of the bike rental.

ASSUMPTION OF RISK, WAIVER AND RELEASE AGREEMENT
  Assumption of Risk: I understand and accept that renting this bicycle and participating in bicycling exposes me/my child to many hazards that may entail unavoidable risk of death, personal injury (including but not limited to severe spinal or head injury) and loss of or damage to property. I also understand I/my child should be in good physical health to participate in bicycling, and I confirm that I/my child have no significant health issues that prevent me/my child from participating in bicycling. I/my child have no medical conditions, nor have I/my child been diagnosed with a condition that prevents me from bicycling.   In spite of the aforementioned risks and acknowledgements, I hereby assume all risk of injury or loss of life to myself/my child and loss of or damage to property arising out of renting this bicycle and participating in bicycling. I understand the inherent risk involved in using this rental bicycling equipment and accept full responsibility for any and all such damage or injury which may result.

  Waiver And Release: In consideration of MAD Cycles renting me/my child this bicycle, I specifically release and forever discharge MAD Cycles and its affiliates, officers, agents, and employees from any and all liability or claims for injury, illness, death or loss of or damage to property which I/my child may suffer while renting this bicycle and participating in bicycling. This discharge specifically includes, but is not limited to, liability or claims for injury, illness, death or damage caused by the negligence of MAD Cycles or its affiliates, officers, agents, or employees. It is my intent by the Waiver And Release Agreement to release   MAD Cycles and hold it harmless from all liability for any such property loss or damage, personal injury or loss of life, whether caused by the negligence of MAD Cycles or whether based upon breach of contract, breach of warranty, or any other legal theory. In signing this document, I fully recognize that if injury, illness, death or damage occurs to me/my child while I am engaged in renting this bicycle or participating in bicycling, I will have no right to make a claim or file a lawsuit against MAD Cycles or its affiliates, officers, agents or employees, even if they or any of them negligently cause my injury/my child’s injury, illness, death or damage.

1- I realize the importance of wearing a helmet. Florida state law requires persons under the age of 16 to wear a helmet. 
2- I understand that this activity may result in severe injury, including but not limited to spinal or head injury.
3- I understand that this activity may result in hazards posed by other bicycles and traffic or road conditions.
4- I understand these bicycles may not have visibility enhancement equipment such as blinking lights.
5-I understand that riding a bicycle requires both a good physical condition and the technical expertise of the rider. Therefore I declare, without any reservations, to possess adequate knowledge and the appropriate skills to operate a bicycle.
  To rent a pedal assist electric bike, I agree to submit beforehand a driver’s license or another valid identification, and a valid credit card. 
  I agree to compensate MAD Cycles with the agreed amount of $1000.00 for each electric bicycle.
I HAVE CAREFULLY READ THIS AGREEMENT IN ITS ENTIRETY AND UNDERSTAND ITS CONTENT. I AM AWARE THIS IS AN ASSUMPTION OF RISK, WAIVER AND RELEASE OF LIABILITY AND I SIGN IT VOLUNTARILY. I ALSO UNDERSTAND THAT I SHOULD NOT AND MAY NOT PARTICIPATE IN THIS ACTIVITY IF I AM UNDER THE INFLUENCE OF ALCOHOL OR DRUGS
  I agree TO HOLD HARMLESS AND INDEMNIFY MAD Cycles for any and all liability for any property damage, loss or personal injury to any third party resulting from my participation in electric biking and/or use of the equipment.
  By signing for a minor, I am agreeing that I am their parent or legal guardian and am releasing MAD Cycles from any claims, lawsuits or responsibilities for that minor. Each of the undersigned has read this AGREEMENT FOR USE OF BICYCLE AND RELEASE AND WAIVER OF LIABILITY. In the case of children, the parent or guardian must approve their participation, accepting full responsibility on their behalf, in accordance with the regulations stated in this contract. 
FURTHERMORE I AGREE TO THE TERMS OF MAD CYCLES - BICYCLE RENTAL AGREEMENT ABOVE.
Bicycle Rental Liability Waiver

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