Payment Plan - monthly payments will begin on the first day of the month and will be
charged on the first day of each month until account is paid in full.

You may end the contract at any time by returning the instrument with all payments up to date. The instrument may be purchased outright at anytime during the rental contract at a discounted rate of 20% off of the balance due. Instruments may be traded in for another size or instrument with 80% of the total paid on the rental instrument, new or used, transferable toward the new instrument. Trade in may not exceed 75% of the purchase price of any single instrument. Any additional credit may be used on strings, accessories or left on account for future services or purchases.

J. Rieck Music will keep the instrument, bow and case in serviceable condition as long as the rental contract remains valid. Cosmetic damage will not be repaired as part of the contract and will be the responsibility of the customer should they decide to have it retouched.

Termination: This Agreement may be terminated by the Student (or Parent) at the end of any term simply by returning the Instrument in good working condition (only reasonable wear and tear will be excepted) to J. Rieck Music with any shipping and/or postage charges prepaid; and upon the return of the Instrument, any repairs that J. Rieck Music deems necessary to restore the Instrument to good working condition will be charged to the Student (or Parent).

Liability Waiver: J. Rieck Music shall not be liable for any injury or loss sustained by the Student (or Parent) by the operation, handling or transportation of the Instrument during the rental term.

Purchase Option: The Student (or Parent) shall have the option to purchase the Instrument at any time during the term for a purchase price of 80% of the remaining contract balance (the "Purchase Price").

Default: In the event of default by the Student (or Parent), a late fee of $15 will be assessed on the 15th day after the payment was due, J. Rieck Music may terminate this agreement in which case the Student (or Parent) shall pay any amounts outstanding and return the Instrument; and if the Student (or Parent) refuses or neglects to return the Instrument, the Student (or Parent) shall be deemed to have exercised the Option to Purchase and the Purchase Price shall be due and owing.

Trading in an Instrument: Instruments may be traded in toward another instrument at any time during the rental period. The Student (or Parent) will retain 75% of the paid premium as credit toward the purchase of the next instrument with a maximum of 75% credit toward the purchase price of any instrument.