EQUIPMENT LOAN AGREEMENT
9.1
Sonoma State University, hereinafter referred to as “University,” agrees, for the benefit of the University,
to loan to:
Name:
Address:
City:
Hereinafter referred to as “Lendee”
The equipment described below which is to be used exclusively for the University business of
For the period from
to
Month
Day
Year
___________
Month
Day
Year
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.
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.
______________________________/__
Lendee Name
(Print)
/
Lendee Signature
____
Date
_/
EQUIPMENT IDENTIFICATION (to be completed by Property Custodian)
Property
Number
Description
of Item
Serial
Numbers
Location
Room
Bldg.
Estimated
Replacement Value
Respective Property Custodian Acknowledgement of copy received
Approved – Property Manager
Date:
Date:
Revised 2/9/2006