Mooring Contract Form

Automatic Renewal Mooring Contract

NO MOORING WILL BE RIGGED WITHOUT A SIGNED CONTRACT*

CONTRACTS MUST BE RETURNED BY FEBRUARY 1st

The undersigned confirms that he or she is the sole owner of the above vessel or this document is signed by all owners of the vessel (each an "Owner"), or is the authorized agent (“Agent”) acting on behalf of each and every Owner and further agrees and confirms as follows:

The term of this Agreement will extend AUTOMATICALLY for a successive 12 month “Renewal Period”, unless the Owner/Agent of the mooring provides AYC written notice not later than 15 days before the next “Renewal Date”, defined as February 1st of each subsequent Renewal Period; such that:

1. The vessel on the mooring will be removed by the Owner/Agent no later than December 1st of each Renewal Period; and either

2. Owner/Agent instructs AYC to remove the mooring subject to the Annual Mooring Fees in effect for the Renewal Period, or

3. Owner/Agent instructs AYC to sell his/her mooring and agrees to pay the full seasonal mooring charges until the mooring sells and another member agrees to assume and pay the charges for the mooring in that location.

It is the responsibility of each Owner and/or Agent to maintain the safety of his or her vessel in the harbor and to ensure that all mooring gear complies with the AYC's most recent Mooring Specifications and is set, maintained and removed in accordance with the Club's Harbor Rules (contained in the Club's Year Book and also posted on its website) and Mooring Specifications.

It is the responsibility of each Owner and/or Agent to maintain the safety of his or her vessel in the harbor and to ensure that all mooring gear complies with the AYC's most recent Mooring Specifications and is set, maintained and removed in accordance with the Club's Harbor Rules (contained in the Club's Year Book and also posted on its website) and Mooring Specifications.

Owner/Agent confirms that he or she maintains adequate liability and property damage insurance coverage on the above vessel.

To the maximum extent permissible under applicable law, Owner/Agent waives all claims, as against AYC and its officers, trustees and staff, for damage or loss incurred as a result of any contact with other vessels and/or objects arising out of the placement of the owners' vessel within the Milton Harbor mooring field.

To the maximum extent permissible under applicable law, Owner/Agent waives any and all claims, as against AYC and its officers, trustees and staff, for damage or loss incurred as a result of the AYC's placement, installation, inspection, maintenance, repair of the mooring and its associated parts, including but not limited to the anchor, chain, pendant, bridle and chafing gear.