Northride New Zealand Limited

The Arrangement is the provision by Northride to its employer customers (Employers) of a product or service package, being the lease of self-powered or low-powered commuting vehicles ( Equipment). The package includes the necessary digital tools and intellectual property to allow the Employer to implement an employee bike scheme for its employees (Employees) using a valid salary sacrifice arrangement, or at the Employer’s discretion, fully funded by the Employer.  

The Arrangement enables Employers to provide the Equipment to their Employees, where the Employees may agree to a reduction in salary in return for the provision of the Equipment, or where the Employer could, at its discretion, fully fund the provision of the Equipment. Examples of Equipment are bicycles, electric bicycles, scooters and electric scooters.