Power Shovel Waiver and Hold Harmless Agreement
A power shovel, also referred to as a front shovel or stripping shovel, is a bucket-equipped machine used for digging and loading earth or fragmented rock as well as for mineral extraction.
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This equipment is often rented to a property owner or a company that is performing activities such as mining, digging or loading work. Using the Power Shovel Waiver and Hold Harmless Agreement app, the equipment owner, or the lessor can ensure that the renter is obligated to cover things such as property damage to the equipment, the replacement cost of lost or stolen equipment, or any repair costs associated with damage to the machinery. Additionally, this app provides for indemnification for the equipment owner and contains a hold harmless clause ensuring that the owner has a release of liability for damage or injury that occurs if equipment needs to be recovered due to non-payment or a late return. This app is easily customizable and can help reduce any loss or damage sustained by a power shovel owner.
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