THIS AGREEMENT is dated October 16, 2026

Parties

• Arctics Limited trading as Igloo incorporated and registered in England and Wales with company number 5292026 whose registered office is at Arctics House, 7 Marina Court, Maple Drive, Hinckley, Leicestershire, LE10 3BF (‘Igloo’).
•    of (‘the Contractor’).

DEFINITIONS:

‘Contractor’ means the individual shown above including any substitutes (herein collectively known as ‘drivers’), carrying out the Services under the Operating Agreement.

‘Operating Agreement’ means the contract between Igloo and the Contractor.

‘Hire Payments’ means £3.50 per day for the hire of the Trade Plates, exclusive of VAT and any other applicable taxes and duties or similar charges which, shall be payable by the Contractor at the rate and in the manner from time to time prescribed by law.

‘Services’ means providing driving duties.

‘Trade Plates’ means the trade licence plates which are registration number plates which can be used on vehicles by businesses for activities such as selling, testing or repairing which, when displayed, allow individuals to drive that vehicle for certain purposes without having to *pay to register and tax the same.  

1.            Trade plates rental

1.1          Igloo shall hire the Trade Plates to the Contractor for the duration of the Operating Agreement subject to the terms and conditions of this agreement.

2.            Hire Payments

2.1          The Contractor shall pay Igloo the Hire Payments.

2.2          The Hire Payments shall be made by Igloo deducting the amount every month from payments due to the Contractor.

2.3          If at any point, the Operating Agreement is terminated by either party, all outstanding monies owed to the Contractor will be held for up to six weeks until the Trade Plates have been returned. Relevant deductions will then be made by Igloo from any outstanding payments due to the Contractor to cover the cost of replacement if the Trade Plates are lost or damaged.

2.4          Igloo reserve the right to review and increase the amount of the Hire Payment and in the event of any increase, Igloo will provide the Company with one month’s notice prior to the increase taking effect.

3.            Title and risk

3.1          For the purposes of this agreement, the Trade Plates shall be considered and at all times remain the property of Igloo, and the Contractor shall have no right, title or interest in or to the Trade Plates, save the right to use of the Trade Plates subject to the terms and conditions of this agreement and only when carrying Services under the Operating Agreement.

3.2          The Trade Plates shall remain at the sole risk of the Contractor during the hire period and any further term during which the Trade Plates are in the possession, custody or control of the Contractor (Risk Period) until such time as the Trade Plates are returned to Igloo.

·                     The Contractor shall give immediate written notice to Igloo in the event of any loss, theft or damage to the Trade Plates.

4.            Contractor's responsibilities

4.1          The Contractor shall during the term of this agreement:

(a)            Ensure that the Trade Plates are stored safely at the driver’s property when not in use.

(b)           Only use the Trade Plates in respect of vehicle movements covered under the Operating Agreement.

(c)            Make no alteration to the Trade Plates

(d)           Not part with, control of, sell or offer for sale or lend the Trade Plates;

(e)            Not use the Trade Plates for any unlawful purpose;

4.2          The Contractor acknowledges that Igloo shall not be responsible for any loss of or damage to the Trade Plates arising out of or in connection with any negligence, misuse or otherwise caused by the Contractor and the Contractor undertakes to indemnify Igloo on demand against the same, and against all losses, liabilities, claims, damages, costs or expenses of whatever nature otherwise arising out of or in connection with any failure by the Contractor to comply with the terms of this agreement.

4.3          If the Operating Agreement ceases for any reason between the Contractor and Igloo, or this Trade Plate Hire Agreement is terminated for any reason, then the Contractor agrees to return the Trade Plates immediately and no later than 24 hours after the agreement is terminated. If the Trade Plates are not returned then they will be reported to the police as stolen.

5.            Termination

5.1          Without affecting any other right or remedy available to it, Igloo may terminate this agreement with immediate effect if:

(a)            the Contractor fails to pay the Hire Payments due under this agreement on the due date for payment;

(b)           the Contractor commits a material breach of any other term of this agreement which breach is irremediable or (if such breach is remediable) fails to remedy that breach within a period of five days after being notified to do so;

(c)            the Contractor is the subject of a bankruptcy petition or order;

(d)           the Contractor dies or, by reason of illness or incapacity (whether mental or physical), is incapable of managing his or her own affairs or becomes a patient under any mental health legislation.

5.2          For the purposes of this clause material breach means a breach (including an anticipatory breach) that is serious in the widest sense of having a serious effect on the benefit which Igloo would otherwise derive from a substantial portion of this agreement.

This agreement has been entered into on the date stated at the beginning of it.