I

Subject Matter of the Contract

The Lessor is an owner of a communication equipment set consisting of a portable transmitter with a microphone and portable receivers with earphones (hereafter referred to only as the "Leased subject”). The make of the system is Tour Guide System.

The system has been designed for communication between a guide and tourist during guided tours: the guide uses the portable transmitter with a microphone and each tourist in the group uses the portable receiver with earphones.

Lessor is the owner of VOXtours.cz trademark. All of services of this contract provided by Lessor under the trade mark VOXtours.cz.

II

Based on this contract the Lessor shall provide the Lessee with the Leased subject as specified in the Article No. I for a temporary use. The Lessee shall pay the Lessor a fee per the current price-list. The amount of the fee depends on the rent type (long-term, multiple-day or one-day).

Ways of Meeting the Obligations

IIIa

One-day and/or Multiple-day Rent for a Trip

The Lessor shall make the Leased subject available to the Lessee in appropriate technical conditions in compliance with the provisions of the Article No. I, 2nd paragraph.

The Lessor shall check in advance the working order and full functionality of the Leased subject. A Lessee’s representative shall confirm the working order status during the acceptance of the system by signing an applicable form (one-day and/or multiple-day rent for a trip).

The Lessee shall use the Leased subject in compliance with its purpose and a User’s guide (to be provided by the Lessor) and protect it from damage. The Lessee may not sub-rent the Leased subject to any third person, except clients/tourists specified in the Article No. I, paragraph 2, who will use it in compliance with the purpose.

Based on this contract the Lessee shall order the suitable number of portable receivers with earphones for a one-day or multiple-day rents no later than at 6:00 p.m. of the day preceding the beginning of the rent.

The Lessee will assign an authorised representative who will co-operate with the Lessor and will notify the Lessor about contact details necessary for the co-operation. The Lessor may deny any Lessee’s order which would be submitted by another person (and not the assigned authorised representative) or which wouldn’t meet the terms and conditions of this contract.

The Lessee’s authorised representative shall submit the order by phone/fax (to No. +420777 288 443 or +420222365 350), or by an e-mail sent to welcome@voxtours.cz, or via the Lessor’s website. The order sent by the Lessee’s authorised representative shall include: Lessee’s company name, spot and time of the start of the tour, spot and time of the end of the tour, requested number of the Leased subject and contact details of Lessee’s representative on the spot.

If the order is submitted later than at the above specified time the Lessor will not guarantee the timely and complete delivery of the equipment. The Lessor delivers the Leased subject for a one-day or multiple-day rent at the agreed day and time directly to the agreed spot to distribute the units to tour participants (by Lessor’s or Lessee’s representatives) if requested. The Leased subject for a long-term rent will be delivered to the Lessee after the applicable sum is paid/transferred to the Lessor’s banking account (as specified in the price-list).

After the term of a one-day or multiple-day rent expires, the Lessor shall overtake the Leased subject on an agreed spot, which must be communicated to the Lessor’s representative no later than 40 minutes before the tour/excursion ends. After the term of a long-term rent expires the Lessee’s representative shall hand over the Leased subject to the Lessor’s representative and an acceptance form is to be signed by both representatives (such form is separate to this contract).

After the term of rent expires, the portable transmitters with microphones remain available to the Lessee in a reasonable number, if the Lessee wishes so. For any subsequent rent, only receivers with earphones will be delivered (in an agreed number). The Lessor will not be responsible for technical status of transmitters which are held by the Lessee during the excursions after the term of rent expires.

If the transmitter with a microphone remains available to the Lessee after the term of rent expires, the Lessor will not be responsible for the delivery of the transmitter(s) to the spot of the tour start and/or its/their technical status and completeness.

Lessor will inform Lesser about order of collaboration by sending the Manual for Lesser.

IIIb

Long-term Rent

The Lessor shall deliver the Leased subject to the Lessee’s office in appropriate technical conditions in compliance with the provisions of the Article No. I, 2nd paragraph.

The Lessor shall check in advance the working order and full functionality of the Leased subject. A Lessee’s representative shall confirm the working order status during the acceptance of the system by signing an applicable form.

The Lessee shall use the Leased subject in compliance with its purpose and a User’s guide (to be provided by the Lessor) and protect it from damage. The Lessee may not sub-rent the Leased subject to any third person, except clients/tourists specified in the Article No. I, paragraph 2, who will use it in compliance with the purpose.

The term of rent of the equipment must be at least 1 month. At least 20 units of receivers must be rented based on this contract.

The delivery service of equipment to the tour start is not included in the price and the Lessee will be responsible for this service.

The Lessor may supply the consumer materials to the Lessee, if the Lessee wishes so.

The Lease subject for a long-term rent will be delivered to the Lessee after the applicable amount is paid into/transferred to the Lessor’s banking account. The Lessee will pay the rent monthly in advance based on invoices issued by the Lessor.

After the term of a long-term rent expires, the Lessee shall hand over the Leased subject to the Lessor’s representative and an acceptance form specifying any and each fault of the Leased subject is to be signed by both parties. The Lessee will notify the Lessor no later than 5 days in advance if they wish (or don’t) to retain the Leased subject available to them after the term of rent expires. If so, the conditions of this contract apply.

Since the Leased subject is handed over to the Lessee for a long-term rent, the Lessee is responsible for any damage to and for technical status of the equipment.

Ways of Settlement

IVa

One-day and/or Multiple-day rent for a Trip

The current price-list specifies the fee for the usage of the Leased subject (per unit). The transmitter with a microphone is made available to the Lessee free of charge.

The Lessee shall pay the fee to the Lessor at least once a week based on an invoice issued by a Lessor’s representative – in cash or by means of a banking transfer to the Lessor’s banking account.

The payment for the services provided to the Lessee is to be made no later than on Friday of the week, when the services are provided. If the payment is not made within the specified term, the Lessor is entitled to suspend any subsequent services to the Lessee till the due amount is paid or to cancel this contract if the delay of the payment exceeds 5 working days.

The Lessee may pay for services provided by the Lessor in cash, if the services in question meet the definition of a short-time daily rent (see the current price-list).

In case of a long-term rent (see the current price-list) the Lessor delivers the equipment to the Lessee only if the fee for the long-term rent of a necessary number of Leased subjects is paid to the Lessor’s account.

IVb

Long-term Rent

The Lessee shall pay the fee to the Lessor monthly in advance based on an invoice issued by the Lessor, either in cash or by means of a banking transfer to the Lessor’s banking account.

The Lessor will issue a corresponding invoice within 3 (three) days after the Leased subject is handed-over. The invoice is due immediately after its receipt. The Leased subject of the long-term rent will be delivered to the Lessee within 40 (forty) working days after the date when the amount for the first month of rent is credited to the Lessor’s account.

The Lessee shall pay the fee to the Lessor no later than on the 5th day of the month when he intents to use the equipment based on this contract. If the Lessee fails to pay the amount due in time, he will pay the Lessor a contractual fine amounting CZK 35 per receiver and day, if such delay in payment exceeds 5 days.

V

Rights of Contracting Parties

Without Lessor’s previous consent the Lessee may not modify or change the Leased subject in any way. If any repair is needed, the Lessee shall inform the Lessor without any unreasonable delay by telephone, fax or e-mail and to specify the reason of the damage and to hand-over the Leased subject to the Lessor. The Lessee’s obligation to pay the fee for the rent remains intact till he informs the Lessor about the damage to the Leased subject.

The Lessee may repair the Leased subject only based on a Lessor’s consent. If the repair is carried out without such consent the Lessee will be responsible for any and each possible damage caused by the unauthorised activity and will indemnify the Lessor for any costs and expenses related to the subsequent repair. The Lessee will be responsible for the cost of the repair carried out by the Lessor.

The term of rent expires at the date specified in this contract. The Lessor is entitled to cancel this contract in the Lessee is in delay with payment of the fee or if he uses the Leased subject in a way which violates the Lessor’s recommendations.

VI

Responsibilities of Contracting Parties

The Lessor checks the technical status and working order of the equipment returned by the Lessee in the office. If a damaged unit is detected, the Lessor’s representative will inform the Lessee about faults and/or damages and submit technical report that will be used as a base for subsequent settlement of the unit(s) in question.

To minimise Lessor’s risks arising from loss of and/or damage to the Leased subject or which may cause the unavailability of the equipment for further use, the Lessee pledges himself to provide the Lessor with a reasonable administrative assistance related to tracing a lost and/or unreturned piece of equipment.

If any unit of the Leased subject is damaged or irretrievably lost the Lessee will pay the Lessor a compensation fee as follows:

1.One-day or multiple-day rent for a trip (see the current price-list)

·If the number of irretrievably lost or technically damaged units of the Leased subject (the portable transmitter with a microphone included) does not exceed 1 per cent of the total ordered number during 7 days, the Lessor will not request any compensation.

·If the number of irretrievably lost or technically damaged units of the Leased subject (the portable transmitter with a microphone included) exceeds 1 per cent, but does not exceed 3 per cent of the total ordered number during 7 days, the Lessee will pay the Lessor a one-off compensation of CZK 750 (+ applicable VAT) per each lost/damaged unit of the Leased subject.

·If the number of irretrievably lost or technically damaged units of the Leased subject (the portable transmitter with a microphone included) exceeds 3 per cent of the total ordered number during 7 days, the Lessee will pay the Lessor a one-off compensation of CZK 1,000 (+ applicable VAT) per each lost/damaged unit of the Leased subject.

2.Long-term rent (see the exhibit):

·If the number of irretrievably lost or technically damaged units of the Leased subject (the portable transmitter with a microphone included) does not exceed 1 per cent of the total ordered number, the Lessor will not request any compensation.

·If the number of irretrievably lost or technically damaged units of the Leased subject (the portable transmitter with a microphone included) exceeds 1 per cent, but does not exceed 3 per cent of the total ordered number, the Lessee will pay the Lessor a one-off compensation of CZK 750 (+ applicable VAT) per each lost/damaged unit of the Leased subject.

·If the number of irretrievably lost or technically damaged units of the Leased subject (the portable transmitter with a microphone included) exceeds 3 per cent of the total ordered number, the Lessee will pay the Lessor a one-off compensation of CZK 1,000 (+ applicable VAT) per each lost/damaged unit of the Leased subject.

The term "technically damaged unit(s)” means any unit of the equipment which cannot be used for the intended purpose any more.

VII

Term of the Contract

The term of this contract shall commence at the date of execution of this document by contracting parties and it expires on 1 year after signing. The contract will be automatically renewed by one year provided any contracting party will not notify the other party about cancelling the contract in compliance with the provision of the law.

This contract may be modified only based on a agreement of both parties in a form of a written document duly signed by both contracting parties. Price-list can be modified by Lessor with notice of Lessee for 1 month minimum till the new price-list will be started.

This contract has been signed in two counterparts; each contracting party will receive one of them.

If any provision of this contract is found or declared invalid, all other provisions will remain untouched. In such a case, the contracting parties agree to substitute such invalid provision by a different one, which will correspond to the nature and intention of the original one.