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(b) providing fuel as a result of:
A. a material change in the price of fuel, or
B. you materially exceeding the budgeted allowance for the annual kilometres
specified in the final package allocation, or
C. a change in the day to day operating conditions of the vehicle, or
D. a change in the geographical location in which the vehicle is operated.
(c) providing roadside assistance in the State in which the vehicle is to be registered;
(d) keeping the vehicle registered and insured for compulsory third party insurance;
(e) keeping the vehicle comprehensively insured; and
(f) providing the services included under “miscellaneous operating costs budget and
“replacement car in the final package allocation.
Important Note: We may at our absolute discretion recalculate your payment
obligations in respect of any or all vehicle management services items from time to
time. Where we do so, we shall provide you with a revised final package allocation,
which will show the amended monthly rental.
6.4 Settlement procedure at the scheduled expiry date
Your rights and obligations and operating cost settlement procedures at the scheduled expiry
date are set out in the settlement annexure.
6.5 Settlement procedure upon early termination of your lease
Your rights and obligations and operating cost settlement procedures in the event that your
lease is terminated prior to the scheduled expiry date are set out in the settlement annexure.
7. TERMINATION OF YOUR LEASE AT THE SCHEDULED EXPIRY DATE
7.1 When does my lease expire?
Unless your lease is extended by an additional term, it shall expire at the end of the lease
term.
7.2 Optional renewal of lease after existing lease term expires
(a) If you wish to continue to lease the vehicle from us after the lease term or an additional
term (if any) expires, you must notify us of this in writing at least 30 days before the date
that the lease term or that additional term expires.
(b) Upon receipt of your written notification, we may, at our discretion send to you an offer to
provide leasing services for an additional term by sending you a quote for the proposed
additional term. This must be signed and returned to us as confirmation of your
acceptance of our offer to provide leasing services for an additional term.
Important Note: The quote must be signed by you and returned within 10 business
days after the date that we sent that quote to you. If we do not receive the quote within
10 business days, the offer to provide leasing services for the proposed additional
term will lapse.
If your novation agreement no longer exists we will not permit an additional term.
Employee Vehicle Lease Agreement Page 2
source: leaseplan.com.au
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