RENTAL AGREEMENT

MONARK EQUIPMENT Quotation: AAM-0066-17

Main Office Date: April 3, 2017
13 Calle Economia Street Bagumbayan
Quezon City, Philippines
Tel. No. (02) 631-0290
Fax No. (02) 634-4326

ATTN: MR. EARL NAVARRO

OWNER
THRU: MS. KATHLEEN MARIE M. MEDIANA

PYRAMID CONSOLIDATED BUILDERS Conformed and Accepted by:

B7,KMV Bldg., Rizal Corner
Gomez Sts., Cagayan de Oro City ________________________________
Email Add: pyramidcbuilders@gmail.com (Authorized Print Name & Signature)
Kmediana1@gmail.com Date: __________________________
Mobile No: 0917-7085058 / 0915-2757173

SUBJECT: CATERPILLAR RENTAL REQUIREMENT FOR YOUR PROJECT

Dear Sir:

Monark CAT Rental Store (CRS) is excited to quote you our attractive Rent to Rent proposal (DRY
OPERATED BASIS). Only Monark CAT Rental Store provides you with the most attractive rental package:

Monthly Rental Weekly Rental

Item No. Description Rate Rate
Min. 200 Hours Min. 50 Hours
CATERPILLAR HEAVY EQUIPMENT
Rental: CATERPILLAR HYDRAULIC EXCAVATOR
MODEL 320D-2/320D
138 Hp Net Power, 20.350 kg Operating PHP 320,000.00
1 Weight,
1.0 cum Bucket Capacity
Rate Per Hr. >>>> 1,600.00
Rental: HYDRAULIC HAMMER FOR 336D /320D2
MODEL SAGA 350/TOP250/OKADA 2600/CAT
PHP 60,000.00
2 B20 (BREAKER ATTACHMENT)

Rate Per Hr. >>>> 1,200.00

Operator Rate (1st shift)
OPERATOR
Max. 8 hrs straight operation per day Free of Charge Free of Charge
RATE
Overtime Rate: PhP 75.00 / hour (Single shift (Single shift
only/unit) only/unit)
Operator Rate (2nd Shift)
Optional
Overtime: Free of Charge 27,000.00 27,000.00
Mobilization
Demobilization Charge
TRANSPORT LESSEES ACCOUNT LESSEES ACCOUNT
(From project site to Monark El Salvador
(2-way)
Yard)

1. AVAILABILITY: (Unit/s are subject to first come first serve basis):

http://www.monark-cat.com
 RENTAL AGREEMENT
Quotation: AAM-0066-17
Date: April 3, 2017

Item no. 1: Subject to final confirmation,

2. MINIMUM RENTAL: 3-5 Months / Weekly or 200/50 hours per month/week whichever comes
first.

3. OPERATORS LODGING & TRANSPORTATION: LESSEE shall provide the operator of the unit
adequate lodging (including light and water) & Transportation for FREE at all times during the
rental period.

4. PAYMENT TERMS: Required Purchase Order (PO) and/or Conformity to this proposal and 100%
advance payment equivalent to rental rate plus mobilization/demobilization charges prior to
the delivery of the unit. (Advance payment shall also apply to Contract extension/s or
renewal/s).
Here are MONARK EQUIPMENT banking details (Peso Account) for your reference:

BDO: 151-0009084 LIBIS BPI: 243-1000736 - JULIA VARGAS

UCPB: 201550018097 - GALLERIA METROBANK: 266-3266519550 - ACROPOLIS

Kindly fax or email transfer slip once transfer has been made to 049-512-6712.

5. In the case where the Lessee assumes responsibility for the physical mob/demob of rental
unit/s, a deposit equivalent to 100% of demob cost shall be required from the Lessee. Deposit
will be refunded upon return of unit to Monark yard.

6. CONSUMABLES i.e. FUEL, OIL (for Preventive Maintenance), moil point (for hydraulic hammers),
bit/trencher teeth (for trenchers): Shall be provided by the LESSEE and is for Lessees account
at all times. For equipment
with tires, maintenance i.e. vulcanizing is for the account of the Lessee.

7. 3rd Party Certifications, Permits, Taxes, Licenses etc.: All conceivable 3rd Party Certifications,
taxes, licenses, permits, fees, etc. imposed by the project, the government, national or local, or
by any of its departments, agencies or bureaus, in connection with the use, possession or
operation of the UNIT, shall, during its possession thereof, be for the LESSEEs sole and exclusive
account.

8. Tires shall have an expected life as follows:

1. Wheel Loader 3,000 machine hours
2. Motor graders 2,200 machine hours
3. Vibro. Soil Compactor 3,000 machine hours
** Replacement cost due to premature failure shall be charged at cost to Lessee on a pro-rata
basis.

9. Similar provision (in #8) applies to units with undercarriage; expected life of undercarriage is at
5000 hours.

10. All prices are already 12% VAT Inclusive.

11. PRICE VALIDITY: Thirty (30) days from the date of this quotation.

http://www.monark-cat.com
 RENTAL AGREEMENT
Quotation: AAM-0066-17
Date: April 3, 2017

We trust our quotation will merit your approval. For details please review attached rental terms and
condition.

Thank you.

Sincerely yours,

MONARK EQUIPMENT

ANGELA A. MACARIOLA
Account Manager
(0917) 592-9941
Jireh M. Edrote Sales Coordinator
jmedrote@monark-cat.com
Mobile: (0917) 592-8774

http://www.monark-cat.com