ADDITIONAL TERMS AND CONDITIONS:

The Owner hereby agrees to store and service the Boat with the Marina under the following Terms and Conditions:

1. WAIVER OF LIABILITY

(a) The Owner acknowledges that the Marina does not assume any duty to care for the Boat, Engine, Trailer and Additional Equipment or to prevent loss or damage thereto while the same is under the control and direction of the Marina or is on the Marina’s premises;

(b) Except for the gross negligence or fraud of the Marina, the Owner hereby releases the Marina from liability for any damage, expense or loss to the Boat, Engine, Trailer and Additional Equipment however caused by the Marina, its employees, agents or representatives or otherwise, while the Boat, Engine, Trailer and Additional Equipment are under the control and direction of the Marina or are on the Marina’s premises. The Owner hereby releases and discharges the Marina, its employees, agents or representatives from all actions, causes of action, claims and demands in any way related to this Licence; and

(c) The Owner further releases and forever discharges and holds harmless the Marina from any and all liability, claims and demands of whatever kind of nature including but not limited to, any loss, damage, injury, including death, or expense that the Owner may suffer, either directly or indirectly, either in law or in equity, which arise, or may hereafter arise from my use of the Marina and its premises and waters, due to any cause whatsoever, including negligence, breach of contract, or breach of any statutory or other duty of care, including any duty of care owed under the Occupiers Liability Act, R.S.O. 1990, c.0.2, on the part of the Marina.

2. DAMAGE The Owner hereby agrees to reimburse or indemnify the Marina for any damages caused to any property of the Marina and for any sums required to be paid to anyone by the Marina, its agents or representatives as the result of the use of or presence on the Marina premises of the Owner, the Boat, Engine, Trailer and Additional Equipment.

3. INSURANCE The Owner hereby agrees to maintain adequate insurance coverage on the Boat, Engine, Trailer and Additional Equipment while the Boat, Engine, Trailer and Additional Equipment are under the control and direction of the Marina or are on the Marina’s premises.

4. LICENCE ONLY The Owner expressly acknowledges that this Licence shall create a licence between the Marina and the Owner wherein the Owner is licenced to use the storage space and area from time to time designated by the Marina for the storage of the Owner’s Boat, Engine, Trailer and Additional Equipment.

5. AUTHORITY OF CORPORATION TO EXECUTE LICENCE If the Owner is a corporation:

(a) The Person signing this Licence hereby acknowledges that he or she has the authority to bind the corporation; and,

(b) The Owner has all necessary corporate power, authority and capacity to enter into this Licence and to perform its obligations under this Licence; and,

(c) The execution and delivery of this Licence and the consummation of the transaction contemplated under it have been duly authorized by all necessary corporate actions on the part of the Owner

WARNING TO BOAT OWNERS: YOU SHOULD INFORM YOUR INSURANCE COMPANY THAT YOU HAVE SIGNED THIS LICENCE AS IT MAY INVALIDATE YOUR INSURANCE UNLESS YOU HAVE THE CONSENT OF THE INSURANCE COMPANY IN WRITING.