9.1 Equipment Loan Agreement

9.1 Equipment Loan Agreement

<p>9.1 EQUIPMENT LOAN AGREEMENT</p><p>Sonoma State University, hereinafter referred to as “University,” agrees, for the benefit of the University, to loan to:</p><p>Name: </p><p>Address: </p><p>City: </p><p>Hereinafter referred to as “Lendee”</p><p>The equipment described below which is to be used exclusively for the University business of </p><p>For the period from to ______Month Day Year Month Day Year</p><p>In accordance with State Administrative Manual Section 8643, I understand I will be charged for any loss and/or damage to State property due to my negligence and/or unauthorized use.</p><p>I, the Lendee am responsible for returning the equipment to the University and I agree to assume the risk of loss from any cause whatsoever. If the equipment is lost, I agree to pay the estimated replacement value stated below. If the equipment is damaged, I agree to pay the cost of repair, said amount not to exceed the estimated replacement value stated below. I will be responsible for the cost of returning the equipment to the point of origin. </p><p>______/__ / ____ _/ Lendee Name (Print) Lendee Signature Date</p><p>EQUIPMENT IDENTIFICATION (to be completed by Property Custodian)</p><p>Property Location Estimated Number Description Serial Room Replacement Value of Item Numbers Bldg.</p><p>Respective Property Custodian - Approved – Property Manager Acknowledgement of copy received</p><p>Date: Date:</p><p>Revised 2/9/2006</p>

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