A Standard Trip Lease Agreement is used for a single trip or a lease of short duration. This agreement is a preprinted form on which the required information is entered; it also has provisions for designating the exact time the lessee took possession of the equipment, and the exact time the lessee released the equipment Standard terms and conditions are printed on the back of the form, and, with the information on the face of the trip lease contract, meet the leasing requirements in Part 376.