Lagoon 42 - 11156

TERMS & CONDITIONS – BAREBOAT CHARTER

1. General.

These Terms & Conditions contain the entire agreement between CHARTER COMPANY and the individual(s) intending to charter the vessel (“Charterer”), (collectively “the parties”), for a bareboat charter from CHARTER COMPANY with respect to the rights and responsibilities of all parties. Notwithstanding that, the parties, the Vessel, the period and the price are stipulated in the invoice provided separately. By paying the deposit on the proposed charter, Charterer agrees to the conditions contained herein.

2. Payment schedule.

a. Initial Deposit: 50% of the charter fee, which confirms booking;

b. Remaining 50% of the charter fee and payment for any add-on options due 45 days before embarkation.

3. Boat Delivery.

CHARTER COMPANY will deliver the boat to the Charterer only under the following conditions:

a. Full payment of any balance or security deposit due from Charterer,

b. Signature by both parties of the Vessel’s delivery contradictory statement (inventory) specifying Vessel and equipment conditions.

c. Receipt of the following documents from Charterer:

i. Copy of Charterer’s driver’s license or identification card;

ii. Copy of Charterer’s passport; and

iii. Listing of charter’s crew members with names and addresses

d. In the event CHARTER COMPANY believes that Charterer’s and crew’s sailing experience is deficient, CHARTER COMPANY reserves the right to cancel or modify the charter and will not refund Charterer for payments made to date. If available, CHARTER COMPANY may offer to provide an approved skipper at Charterer’s expenses. If an approved skipper is provided, Charterer may not discharge the skipper before completion of the charter, except with CHARTER COMPANY’s consent.

4. Boat Re-Delivery.

a. The Vessel shall be returned to the End Port on the date and time as specified in Charterer’s invoice.

b. If re-delivery of the Vessel is delayed by reason of force majeure as defined below, re-delivery shall be affected as soon as possible thereafter and the meantime the conditions of the Agreement shall remain in force but without penalty or additional charge against the Charterer.

c. In case of delay on return, Charterer agrees to pay CHARTER COMPANY the prorated charter fee plus 50%. Any begun day beyond the charter term is considered a full day. If Charterer abandons the Vessel anywhere other than the specified End Port, he agrees to pay CHARTER COMPANY all costs and fees incurred to return the Vessel to the specified End Port, as well as a prorated charter fee compensation for the number of days necessary to sail the boat back to the base. Abandonment is defined as leaving the Vessel for longer than a 12-hour period.

d. If the Charterer fails to re-deliver the Vessel to the Owner at the End Port of the Re-Delivery due to intentional delay or change of itinerary, Charterer agrees to pay CHARTER COMPANY the prorated charter fee plus 50%. Any begun day beyond the charter term is considered as a full day. If delay in re-delivery exceeds twenty-four (24) hours, the Charterer shall be liable to indemnify the Owner for any loss or damage which the Owner shall suffer by reason of deprivation of use of the Vessel or cancellation of, or delay in delivery under, any subsequent charter of the Vessel.

5. Warranties and Procedures of CHARTER COMPANY

a. CHARTER COMPANY represents warrants, and covenants that, at Delivery, the Vessel will comply with all applicable laws and regulations of the Vessel’s flag state and any country within the Cruising Area, including, without limitation, any laws and regulations governing charters and any documentation, registration, or customs laws or regulations, such that the Vessel may lawfully be used by the Charterer as provided hereunder. CHARTER COMPANY agrees to deliver to Charterer a boat in good working order.

b. Check-in procedures begin at charter start time. Upon check-in, charterer can freely use the Vessel as soon as he has signed the delivery statement and received all the boat documents.

c. On the first and the last day of the charter, a place in the CHARTER COMPANY marina is provided and included in the booking price.

d. CHARTER COMPANY considers genset, Air conditioning and water makers to be ancillary equipment and deems the value of inoperable genset, water maker and/or AC as $600 or €500 per charter and will refund the pro-rated value in the event of any failure to this amount.

e. CHARTER COMPANY will commit to answer to any reclamation received no later than 1 month after the return of the Charterer.

6. Representations and Warranties of Charterer

a. If the Charterer (or a member of the crew) is to operate the Vessel, the Charterer represents and warrants that the Charterer is experienced, licensed, if applicable, and competent in the handling and operation of a Vessel of the type named in this Agreement and that the Charterer has sufficient practical knowledge of seamanship, piloting, and Rules-of-the-Road to properly exercise full authority over the Vessel. The Charterer shall allow the Vessel to be operated during the Charter Period only by a person qualified to do so. The Charterer shall promptly complete the “Sailing Resume,” which is available via Charterer’s Quick Links and Online Reservation System.

7. Responsibilities of Charterer

a. At check-in and prior to signing the Inventory Checklist, Charterer will check that boat and equipment is in good working order and up to minimum standards. At this time, Charterer can note with CHARTER COMPANY anything it believes contrary or below the standards as set forth in the invoice. Acceptance by Charterer certifies that the obligations of CHARTER COMPANY for delivery have been fulfilled.

b. Upon delivery, Charterer and crew are fully responsible for the Vessel and for any damage to property or injury to persons that could happen including third parties. In the event a skipper has been provided by CHARTER COMPANY, Charterer will remain responsible for the boat and the behavior and well-being of crew.

c. Charterer agrees to be responsible for all crew and passengers on board and binds crew and passengers to the terms provided herein.

d. Charterer will be responsible for all boat maintenance during the charter and will pay all running expenses incurred after delivery of the boat, such as mooring fees, local taxes, fuel oil, water and food.

e. If outside assistance is needed due to problems with the boat, Charterer will promptly notify CHARTER COMPANY before incurring any such expense unless delay would risk personal injury or significant property damage. Charterer will keep all invoices and receipts concerning repairs that CHARTER COMPANY will reimburse on return day, or as soon as possible. Charterer will take all reasonable steps to prevent the towing of the boat by another vessel. However, if towing is necessary despite all reasonable efforts, Charterer agrees to negotiate and fix the price of towing with the other vessel’s captain before operating.

f. Charterer agrees to carry only up to the number of passengers required by security rules of the boat. Charterer agrees that he/she will not transport merchandise or carry passengers for pay or have any other commercial activity such as professional fishing. Lending or renting of the boat is prohibited.

g. Charterer agrees to use the boat as a responsible person and will comply with all laws of Islands, including but not limited to, fishing and deep sea fishing regulations. Charterer will hold CHARTER COMPANY harmless from and against any and all claims and legal actions arising under or in connection with this Contract for failure to abide by those rules and regulations.

h. Charterer acknowledges that Vessels are allowed to participate only in select regattas approved by CHARTER COMPANY. Regatta participation may be subject to a surcharge and increased security deposit. Participation in regattas not approved by CHARTER COMPANY is strictly prohibited.

i. The boat must be returned with all gear aboard in the same good conditions as upon departure, in good cleaning conditions, on the specified End Date, time, and End Port.

j. Charterer agrees to pay for any loss or damage not covered by Insurance that can occur on or to the Vessel until return. Charterer remains fully responsible for the Vessel until signature of the return counter-inventory and final disembarkation.

k. Charterer agrees to stay within the approved cruising ground as provided by CHARTER COMPANY and/or by law. Charterer agrees to stay within the cruising area between latitudes 10° to 20° north and longitudes 59° to 70° west. Charterer agrees not to leave the harbor or mooring with winds over force 6 or if this strength of wind is forecasted, if port authorities have prohibited any navigation, if the Vessel is damaged and not repaired, and if any vital equipment such as engine, sails, rigging, bilge pump, navigation lights, berth gears, compass, or security equipment are not in good working conditions, if fuel reserves are not sufficient, if, in general, weather, Vessel or crew conditions endanger Vessel or crew. Charterer agrees to follow any navigation and routing instructions which CHARTER COMPANY may give him especially in the event of bad weather.

l. Charterer agrees not to sail after dusk. Charterer agrees to include in the ship’s log a daily entry to include: destination harbor, Vessel and crew condition, any change in crew, successive positions/locations, weather conditions, sails used and engine working hours.

m. Any likeness or image of you or your party aboard your chartered Vessel secured during your charter may be used by CHARTER COMPANY without charge in all media for bona fide promotional or marketing purposes, including without limitation promotional materials of any kind, such as brochures, slides, video shows, advertisements and the internet.

8. Damage Deposit/Insurance Deductible.

CHARTER COMPANY shall insure the Vessel throughout the Charter with first-class insurers against all risks, on such terms, and subject to such deductible as are customary for a vessel of the Vessel’s size, type, and value, extended to provide permission to charter as under the terms of this Agreement and to cover third-party liability.

a. At time of booking, Charterer shall choose one of the below options:

i. Insurance Deductible: Charterer agrees to pay a refundable insurance deductible pursuant to the of the Vessel’s size, type, and value as detailed on the quote provided to you.

1. This deductible shall cover the Vessel against loss or damage to the hull, machinery, gear and equipment of the Vessel, liabilities to third parties for loss or damage to any other vessel or property whatsoever, loss of life or personal injury. Personal belongings are not covered under this insurance policy.

2. If the Vessel is re-delivered by the Charterer not in the same condition in which it was delivered, CHARTER COMPANY reserves the right to charge against the Charterer’s deductible the cost for repairs and labor needed to return the Vessel to its original condition.

3. Deductible will be refunded to the Charterer after contradictory inventory and control of the condition of the Vessel for the balance of the accounts such as unpaid contractual charges, third party claims, loss or damage not insured by the Insurance policy.

ii. Damage Waiver: Charterer agrees to pay a nonrefundable damage waiver at the time of booking, as well as a reduced damage deposit that is refundable upon completion of the charter should no damage occur.

1. An additional damage deposit shall be collected for every incident that occurs thereafter.

2. If the Vessel experiences any loss or damage during the charter, CHARTER COMPANY reserves the right to require additional damage deposits as needed.

b. In case of any loss or misfortune, it is the duty of the Charterer to mitigate all potential losses recoverable under the insurance procured by CHARTER COMPANY. Charterer shall notify CHARTER COMPANY within 24 hours of any loss or damage to the Vessel. CHARTER COMPANY shall appoint a surveyor to ascertain the damages and coverage shall be in accordance with the option chosen by Charterer above.

c. In case of security insurance contracted with CHARTER COMPANY, an additional security deposit will be charged to charterer to cover potential damages not covered in insurance.

d. In the event of gross negligence by Charterer causing loss or damage to the Vessel, Charterer shall be held liable for the full cost of repairs above the insurance deductible or damage waiver.

9. Contract Cancellation.

a. If Charterer cancels more than 60 days before original charter start, Charterer will lose its 30% deposit. If Charterer has already paid for add-on options, CHARTER COMPANY will reimburse Charterer for these expenses.

b. If Charterer cancels 59 days or less before the original charter start, Charterer will lose the entire charter fee paid to date. If Charterer has already paid for add-on options, CHARTER COMPANY will reimburse Charterer for these expenses, unless cancellation occurs within seven days of departure. If within seven days, payment for add-on options will not be refunded.

10. Force Majeure.

a. CHARTER COMPANY shall not be liable for any loss, damages or delay or failure in performance hereunder resulting from any force majeure event, including but not limited to acts of God, fire, action of the elements, epidemics, war (declared or undeclared), warlike actions, insurrection, revolution or civil strife, piracy, civil war or hostile action, strikes or differences with workmen, acts of the public enemy, federal or state laws, rules and regulations of any governmental authorities having or asserting jurisdiction in the premises or of any other group, organization or informal association (whether or not formally recognized as a government), and any other cause beyond the reasonable control of CHARTER COMPANY which makes continuance of operations impossible.

b. In the event of a delay or failure of performance based upon an event described above:

i. All payments made towards the charter shall be used as a credit for a future charter. No refunds will be provided.

ii. CHARTER COMPANY will work with Charterer to book a new charter on a different Vessel agreeable to Charterer, at a new location, or on new dates, or both, based upon availability and the Charterer’s preference. If the parties cannot book a new charter at that time, Charterer’s deposit will remain as a credit with CHARTER COMPANY and will never expire.

iii. CHARTER COMPANY will not be responsible for additional costs incurred by Charterer as a result of changes to their charter due to a force majeure event.

11. Additional Delays

a. If on departure date, the hired boat or equivalent is not available for reason other than a force majeure event, Charterer has the right to the following options, if possible:

i. When available, delay the departure date and maintain charter duration;

ii. Maintain charter end date in invoice and Charterer will be refunded for time the Vessel was unavailable on a prorated basis of charter fee.

iii. If delay exceeds one quarter of the charter time, Charterer may cancel the agreement with CHARTER COMPANY and be refund for charter fee.

b. Charterer waives any and all claims, damages, debts, liabilities, demands, costs, expenses, interest, suits and/or attorneys’ fees as s result of a delay in the charter.

c. Any interrupted or shortened charter, any service not used by Charterer, for any reason, is not refundable.

12. Miscellaneous.

a. Governing Laws: Any legal action arising under or in connection with this contract will be adjudicated in Port Louis, Mauritius.

b. Maritime Liens: The Charterer shall not incur or allow any maritime lien, salvage, or debt on the Vessel or on CHARTER COMPANY’s credit. The Charterer shall not abandon the Vessel or enter into any salvage agreement without the CHARTER COMPANY’s prior written consent. The Charterer shall indemnify and hold CHARTER COMPANY harmless against and from any liability for any maritime lien, salvage, or debt that arises on the Vessel or CHARTER COMPANY’s credit as a result of any act or omission of the Charterer.

COVID 19 CONDITIONS

If you are unable to get to your departure destination due to COVID-19 disruption, you can:

• Reschedule without a fee for alternative dates within 12 months following your original departure date. Your deposit will be transferred to your new booking
• Receive a credit note for the deposit paid which you can use towards a future charter within 12 months of your original departure date.

Rescheduled charters are subject to current pricing. You will have to pay the difference if the booking is more expensive and there will not be a refund if the booking is less expensive.

Our policy qualifies COVID-19 disruption as border closures, a government advisory against traveling to your destination or restrictions preventing us from operating your charter at the departure destination.

The following does not qualify as disruption:

• Failure to provide a negative COVID-19 test to enter the country you are visiting
• A requirement to quarantine to enter the country you are visiting or to return home

In this case, our usual cancellation terms apply.

TERMS & CONDITIONS – BAREBOAT CHARTER

1. General.

These Terms & Conditions contain the entire agreement between CHARTER COMPANY and the individual(s) intending to charter the vessel (“Charterer”), (collectively “the parties”), for a bareboat charter from CHARTER COMPANY with respect to the rights and responsibilities of all parties. Notwithstanding that, the parties, the Vessel, the period and the price are stipulated in the invoice provided separately. By paying the deposit on the proposed charter, Charterer agrees to the conditions contained herein.

2. Payment schedule.

a. Initial Deposit: 50% of the charter fee, which confirms booking;

b. Remaining 50% of the charter fee and payment for any add-on options due 45 days before embarkation.

3. Boat Delivery.

CHARTER COMPANY will deliver the boat to the Charterer only under the following conditions:

a. Full payment of any balance or security deposit due from Charterer,

b. Signature by both parties of the Vessel’s delivery contradictory statement (inventory) specifying Vessel and equipment conditions.

c. Receipt of the following documents from Charterer:

i. Copy of Charterer’s driver’s license or identification card;

ii. Copy of Charterer’s passport; and

iii. Listing of charter’s crew members with names and addresses

d. In the event CHARTER COMPANY believes that Charterer’s and crew’s sailing experience is deficient, CHARTER COMPANY reserves the right to cancel or modify the charter and will not refund Charterer for payments made to date. If available, CHARTER COMPANY may offer to provide an approved skipper at Charterer’s expenses. If an approved skipper is provided, Charterer may not discharge the skipper before completion of the charter, except with CHARTER COMPANY’s consent.

4. Boat Re-Delivery.

a. The Vessel shall be returned to the End Port on the date and time as specified in Charterer’s invoice.

b. If re-delivery of the Vessel is delayed by reason of force majeure as defined below, re-delivery shall be affected as soon as possible thereafter and the meantime the conditions of the Agreement shall remain in force but without penalty or additional charge against the Charterer.

c. In case of delay on return, Charterer agrees to pay CHARTER COMPANY the prorated charter fee plus 50%. Any begun day beyond the charter term is considered a full day. If Charterer abandons the Vessel anywhere other than the specified End Port, he agrees to pay CHARTER COMPANY all costs and fees incurred to return the Vessel to the specified End Port, as well as a prorated charter fee compensation for the number of days necessary to sail the boat back to the base. Abandonment is defined as leaving the Vessel for longer than a 12-hour period.

d. If the Charterer fails to re-deliver the Vessel to the Owner at the End Port of the Re-Delivery due to intentional delay or change of itinerary, Charterer agrees to pay CHARTER COMPANY the prorated charter fee plus 50%. Any begun day beyond the charter term is considered as a full day. If delay in re-delivery exceeds twenty-four (24) hours, the Charterer shall be liable to indemnify the Owner for any loss or damage which the Owner shall suffer by reason of deprivation of use of the Vessel or cancellation of, or delay in delivery under, any subsequent charter of the Vessel.

5. Warranties and Procedures of CHARTER COMPANY

a. CHARTER COMPANY represents warrants, and covenants that, at Delivery, the Vessel will comply with all applicable laws and regulations of the Vessel’s flag state and any country within the Cruising Area, including, without limitation, any laws and regulations governing charters and any documentation, registration, or customs laws or regulations, such that the Vessel may lawfully be used by the Charterer as provided hereunder. CHARTER COMPANY agrees to deliver to Charterer a boat in good working order.

b. Check-in procedures begin at charter start time. Upon check-in, charterer can freely use the Vessel as soon as he has signed the delivery statement and received all the boat documents.

c. On the first and the last day of the charter, a place in the CHARTER COMPANY marina is provided and included in the booking price.

d. CHARTER COMPANY considers genset, Air conditioning and water makers to be ancillary equipment and deems the value of inoperable genset, water maker and/or AC as $600 or €500 per charter and will refund the pro-rated value in the event of any failure to this amount.

e. CHARTER COMPANY will commit to answer to any reclamation received no later than 1 month after the return of the Charterer.

6. Representations and Warranties of Charterer

a. If the Charterer (or a member of the crew) is to operate the Vessel, the Charterer represents and warrants that the Charterer is experienced, licensed, if applicable, and competent in the handling and operation of a Vessel of the type named in this Agreement and that the Charterer has sufficient practical knowledge of seamanship, piloting, and Rules-of-the-Road to properly exercise full authority over the Vessel. The Charterer shall allow the Vessel to be operated during the Charter Period only by a person qualified to do so. The Charterer shall promptly complete the “Sailing Resume,” which is available via Charterer’s Quick Links and Online Reservation System.

7. Responsibilities of Charterer

a. At check-in and prior to signing the Inventory Checklist, Charterer will check that boat and equipment is in good working order and up to minimum standards. At this time, Charterer can note with CHARTER COMPANY anything it believes contrary or below the standards as set forth in the invoice. Acceptance by Charterer certifies that the obligations of CHARTER COMPANY for delivery have been fulfilled.

b. Upon delivery, Charterer and crew are fully responsible for the Vessel and for any damage to property or injury to persons that could happen including third parties. In the event a skipper has been provided by CHARTER COMPANY, Charterer will remain responsible for the boat and the behavior and well-being of crew.

c. Charterer agrees to be responsible for all crew and passengers on board and binds crew and passengers to the terms provided herein.

d. Charterer will be responsible for all boat maintenance during the charter and will pay all running expenses incurred after delivery of the boat, such as mooring fees, local taxes, fuel oil, water and food.

e. If outside assistance is needed due to problems with the boat, Charterer will promptly notify CHARTER COMPANY before incurring any such expense unless delay would risk personal injury or significant property damage. Charterer will keep all invoices and receipts concerning repairs that CHARTER COMPANY will reimburse on return day, or as soon as possible. Charterer will take all reasonable steps to prevent the towing of the boat by another vessel. However, if towing is necessary despite all reasonable efforts, Charterer agrees to negotiate and fix the price of towing with the other vessel’s captain before operating.

f. Charterer agrees to carry only up to the number of passengers required by security rules of the boat. Charterer agrees that he/she will not transport merchandise or carry passengers for pay or have any other commercial activity such as professional fishing. Lending or renting of the boat is prohibited.

g. Charterer agrees to use the boat as a responsible person and will comply with all laws of Islands, including but not limited to, fishing and deep sea fishing regulations. Charterer will hold CHARTER COMPANY harmless from and against any and all claims and legal actions arising under or in connection with this Contract for failure to abide by those rules and regulations.

h. Charterer acknowledges that Vessels are allowed to participate only in select regattas approved by CHARTER COMPANY. Regatta participation may be subject to a surcharge and increased security deposit. Participation in regattas not approved by CHARTER COMPANY is strictly prohibited.

i. The boat must be returned with all gear aboard in the same good conditions as upon departure, in good cleaning conditions, on the specified End Date, time, and End Port.

j. Charterer agrees to pay for any loss or damage not covered by Insurance that can occur on or to the Vessel until return. Charterer remains fully responsible for the Vessel until signature of the return counter-inventory and final disembarkation.

k. Charterer agrees to stay within the approved cruising ground as provided by CHARTER COMPANY and/or by law. Charterer agrees to stay within the cruising area between latitudes 10° to 20° north and longitudes 59° to 70° west. Charterer agrees not to leave the harbor or mooring with winds over force 6 or if this strength of wind is forecasted, if port authorities have prohibited any navigation, if the Vessel is damaged and not repaired, and if any vital equipment such as engine, sails, rigging, bilge pump, navigation lights, berth gears, compass, or security equipment are not in good working conditions, if fuel reserves are not sufficient, if, in general, weather, Vessel or crew conditions endanger Vessel or crew. Charterer agrees to follow any navigation and routing instructions which CHARTER COMPANY may give him especially in the event of bad weather.

l. Charterer agrees not to sail after dusk. Charterer agrees to include in the ship’s log a daily entry to include: destination harbor, Vessel and crew condition, any change in crew, successive positions/locations, weather conditions, sails used and engine working hours.

m. Any likeness or image of you or your party aboard your chartered Vessel secured during your charter may be used by CHARTER COMPANY without charge in all media for bona fide promotional or marketing purposes, including without limitation promotional materials of any kind, such as brochures, slides, video shows, advertisements and the internet.

8. Damage Deposit/Insurance Deductible.

CHARTER COMPANY shall insure the Vessel throughout the Charter with first-class insurers against all risks, on such terms, and subject to such deductible as are customary for a vessel of the Vessel’s size, type, and value, extended to provide permission to charter as under the terms of this Agreement and to cover third-party liability.

a. At time of booking, Charterer shall choose one of the below options:

i. Insurance Deductible: Charterer agrees to pay a refundable insurance deductible pursuant to the of the Vessel’s size, type, and value as detailed on the quote provided to you.

1. This deductible shall cover the Vessel against loss or damage to the hull, machinery, gear and equipment of the Vessel, liabilities to third parties for loss or damage to any other vessel or property whatsoever, loss of life or personal injury. Personal belongings are not covered under this insurance policy.

2. If the Vessel is re-delivered by the Charterer not in the same condition in which it was delivered, CHARTER COMPANY reserves the right to charge against the Charterer’s deductible the cost for repairs and labor needed to return the Vessel to its original condition.

3. Deductible will be refunded to the Charterer after contradictory inventory and control of the condition of the Vessel for the balance of the accounts such as unpaid contractual charges, third party claims, loss or damage not insured by the Insurance policy.

ii. Damage Waiver: Charterer agrees to pay a nonrefundable damage waiver at the time of booking, as well as a reduced damage deposit that is refundable upon completion of the charter should no damage occur.

1. An additional damage deposit shall be collected for every incident that occurs thereafter.

2. If the Vessel experiences any loss or damage during the charter, CHARTER COMPANY reserves the right to require additional damage deposits as needed.

b. In case of any loss or misfortune, it is the duty of the Charterer to mitigate all potential losses recoverable under the insurance procured by CHARTER COMPANY. Charterer shall notify CHARTER COMPANY within 24 hours of any loss or damage to the Vessel. CHARTER COMPANY shall appoint a surveyor to ascertain the damages and coverage shall be in accordance with the option chosen by Charterer above.

c. In case of security insurance contracted with CHARTER COMPANY, an additional security deposit will be charged to charterer to cover potential damages not covered in insurance.

d. In the event of gross negligence by Charterer causing loss or damage to the Vessel, Charterer shall be held liable for the full cost of repairs above the insurance deductible or damage waiver.

9. Contract Cancellation.

a. If Charterer cancels more than 60 days before original charter start, Charterer will lose its 30% deposit. If Charterer has already paid for add-on options, CHARTER COMPANY will reimburse Charterer for these expenses.

b. If Charterer cancels 59 days or less before the original charter start, Charterer will lose the entire charter fee paid to date. If Charterer has already paid for add-on options, CHARTER COMPANY will reimburse Charterer for these expenses, unless cancellation occurs within seven days of departure. If within seven days, payment for add-on options will not be refunded.

10. Force Majeure.

a. CHARTER COMPANY shall not be liable for any loss, damages or delay or failure in performance hereunder resulting from any force majeure event, including but not limited to acts of God, fire, action of the elements, epidemics, war (declared or undeclared), warlike actions, insurrection, revolution or civil strife, piracy, civil war or hostile action, strikes or differences with workmen, acts of the public enemy, federal or state laws, rules and regulations of any governmental authorities having or asserting jurisdiction in the premises or of any other group, organization or informal association (whether or not formally recognized as a government), and any other cause beyond the reasonable control of CHARTER COMPANY which makes continuance of operations impossible.

b. In the event of a delay or failure of performance based upon an event described above:

i. All payments made towards the charter shall be used as a credit for a future charter. No refunds will be provided.

ii. CHARTER COMPANY will work with Charterer to book a new charter on a different Vessel agreeable to Charterer, at a new location, or on new dates, or both, based upon availability and the Charterer’s preference. If the parties cannot book a new charter at that time, Charterer’s deposit will remain as a credit with CHARTER COMPANY and will never expire.

iii. CHARTER COMPANY will not be responsible for additional costs incurred by Charterer as a result of changes to their charter due to a force majeure event.

11. Additional Delays

a. If on departure date, the hired boat or equivalent is not available for reason other than a force majeure event, Charterer has the right to the following options, if possible:

i. When available, delay the departure date and maintain charter duration;

ii. Maintain charter end date in invoice and Charterer will be refunded for time the Vessel was unavailable on a prorated basis of charter fee.

iii. If delay exceeds one quarter of the charter time, Charterer may cancel the agreement with CHARTER COMPANY and be refund for charter fee.

b. Charterer waives any and all claims, damages, debts, liabilities, demands, costs, expenses, interest, suits and/or attorneys’ fees as s result of a delay in the charter.

c. Any interrupted or shortened charter, any service not used by Charterer, for any reason, is not refundable.

12. Miscellaneous.

a. Governing Laws: Any legal action arising under or in connection with this contract will be adjudicated in Port Louis, Mauritius.

b. Maritime Liens: The Charterer shall not incur or allow any maritime lien, salvage, or debt on the Vessel or on CHARTER COMPANY’s credit. The Charterer shall not abandon the Vessel or enter into any salvage agreement without the CHARTER COMPANY’s prior written consent. The Charterer shall indemnify and hold CHARTER COMPANY harmless against and from any liability for any maritime lien, salvage, or debt that arises on the Vessel or CHARTER COMPANY’s credit as a result of any act or omission of the Charterer.

COVID 19 CONDITIONS

If you are unable to get to your departure destination due to COVID-19 disruption, you can:

• Reschedule without a fee for alternative dates within 12 months following your original departure date. Your deposit will be transferred to your new booking
• Receive a credit note for the deposit paid which you can use towards a future charter within 12 months of your original departure date.

Rescheduled charters are subject to current pricing. You will have to pay the difference if the booking is more expensive and there will not be a refund if the booking is less expensive.

Our policy qualifies COVID-19 disruption as border closures, a government advisory against traveling to your destination or restrictions preventing us from operating your charter at the departure destination.

The following does not qualify as disruption:

• Failure to provide a negative COVID-19 test to enter the country you are visiting
• A requirement to quarantine to enter the country you are visiting or to return home

In this case, our usual cancellation terms apply.