BETWEEN Motosports of Trenton under the laws of the Province of Ontario in the Trenton hereinafter called “the Marina”, and the registered owner or the undersigned lessee of the boat described above, hereinafter called the “Licensee”. IN CONSIDERATION OF the mutual covenants herein contained and the sum of DOLLARS paid by the Licensee to the Marina, the receipt whereof is hereby acknowledged by the Marina, the Marina and the Licensee agree as follows: The Licensee, by attaching his/her signature of acceptance, thereby acknowledges having read this Agreement and agrees to abide by all of its terms and conditions.

Motosports of Trenton Storage Terms and Conditions

1. DEFINITIONS

“Agreement” means this Application and Agreement for Winter Storage and includes these Terms and Conditions.

“Boat” means the boat described on the front page of this Agreement, the trailer or cradle together with any and all personal property of every nature,

kind and description, including, without limiting the generality of the foregoing, credit cards and instruments, financial securities and cash, located in or upon the boat or located in the proximity of the boat and owned by or in lawful possession of the Licensee or any other person who has been permitted by the Licensee to board the boat or be in the vicinity of the boat;

“Claims” means any liability, loss, damages, costs and expenses (including legal fees), causes of action, actions, claims, demands, lawsuits or other proceedings;

“Indemnified Parties” means the Marina and its respective directors, officers, employees, and agents;

“Licensee” means the registered owner of the Boat, the lessee of the Boat, the duly authorized agent of the owner of the Boat or any other person who has the permission of the owner to be in possession of the Boat;

“Marina” means Motosports of Trenton,

“Month” means any period of thirty (30) consecutive days;

“Storage Area” means the lots at Motosports of Trenton Ltd where the Boat and other boats and/or trailers or cradles are stored;

“Storage Facility” means the part of the Storage Area selected by the Marina in its absolute discretion where the Licensee’s Boat is stored;

“Term” means the period of time beginning on the Start Date identified on the front page of the Agreement, and ending on the date the Boat is launched in accordance with clause 7.2.

“Worker” mean contractors of any type hired by the Licensee to perform repair, improvement or maintenance on the Boat.

2. PROVISION OF STORAGE FACILITY

Subject to the terms of this Agreement, the Marina shall allow the Licensee to store the Boat in the Storage Facility.

3. USE OF STORAGE FACILITY

3.1. Access: Access to the Storage Facility is limited to the hours of 9:00am to 5:00pm Monday to Friday. Licensee will not be granted access to the Storage

Facility outside of these times without permission from staff.

3.2. Supervision and security: The Marina does not provide supervision over and security for the Boat or any other boat or boats in the Storage Area, nor does it supervise, regulate or control or attempt to supervise, regulate or control the movement of any person or persons or the movement, management or control of any boat or boats in the Storage Area whether in proximity to the Boat and regardless of whether any such person has entered into an agreement with the Marina.

3.3. Utility services: The Marina does not provide any utility service to the Licensee and, notwithstanding the generality of the foregoing, specifically does not provide any electrical energy. If a utility outlet is available, the Licensee may seek to obtain utility service(s) at the Licensee’s own cost and risk. The

Indemnified Parties shall not be responsible or liable for any Claims which may result from any alleged interruption of service or lack of repair of any pipe, tap, utility hook-up, gas outlet, electrical outlet, electrical conduit and wire or any device used or related to the use and provision of a utility service.

Unattended vessels shall not be connected to a utility outlet. If the Boat is found to be connected to a utility outlet without the Licensee present, the connection will be removed and the Indemnified Parties shall not be responsible or liable for any Claims which may result from any alleged interruption of service or lack of repair of any pipe, tap, utility hook-up, gas outlet, electrical outlet, electrical conduit and wire or any device used or related to the use and provision of a utility service.

3.4. Shrink wrap services: Where the Licensee requests that the Marina provide “shrink wrap” services to protect the Boat, the Licensee acknowledges that such service shall be provided by the Marina, at an additional cost to be covered by the Licensee. The Marina does not provide any warranty as to: (a) the quality of the shrink wrap used; or (b) whether the shrink wrap will remain intact during the Term. If the shrink wrap is damaged during the Term, the Licensee shall immediately notify the Marina and the Marina may, at its absolute discretion, arrange repairs. The Indemnified Parties shall not be liable for any damage that may be caused by installation, use, removal or any defect of the shrink wrap.

3.5. Licensee tarp: If the Licensee chooses to provide its own cover or tarp instead of shrink wrap, the Marina is not responsible for the care and maintenance of the tarp. If the tarp has the potential to cause damage or has caused damage to the Boat or any other boat, vessel, trailer or cradle, Marina staff may remove the tarp. The Licensee will be invoiced for staff time and will be responsible for any costs associated with any damage to the Boat or any other boat, vessel, trailer or cradle resulting from the tarp.

3.6. Blocking material: The Licensee shall not adjust or tamper with the steel boat stands or other blocking material used for the storage of the boat. The

Licensee understands and acknowledges that nothing can be attached to steel boat stands including but not limited to ropes, tarps and chains.

3.7. Maintenance and repairs: The Licensee shall obtain the prior written approval of the Marina for any painting, scraping or repairing of gear in the Storage Facility, Storage Area or elsewhere at Motosports of Trenton. The extent of repairs and/or maintenance to be made will be at the discretion of the Marina. Before retaining any Workers to undertake any work on the Boat in the Storage Facility, Storage Area or at Motosports of Trenton, the Licensee shall get approval in writing from the Marina for the Workers to attend on specific days. Such approval is required for reasons of security. If Workers attend on days not approved by the Marina, the Marina reserves the right to eject the Workers from the Marina or refuse entry to the Workers.

3.8. Refuse: The Licensee shall not leave refuse of any kind on the Boat or at the Storage Facility, Storage Area or Motosports of Trenton and shall deposit garbage and recycling in the bins supplied for that purpose.

3.9. Storage of other materials: The Licensee shall not store supplies, accessories, debris, vehicles or other materials, or construct any lockers, chests or other structures, in the Storage Facility, Storage Area or in any other location at Motosports of Trenton.

3.10. Moving of Boat by Marina: The Marina may move the Boat for any reason provided it gives 24 hours’ notice to the Licensee. If the Licensee is unable to provide access to the Boat when required by the Marina, or in the event of any emergency, the Licensee shall provide the Marina with a set of main door or hatch keys. If the Marina is required to move the Boat, it shall take all reasonable care in doing so. The Indemnified Parties shall not be liable for any damage to the Boat that may occur during the moving of the Boat, unless such damage is caused by the Marina’s negligence.

4. FEES & PAYMENT

4.1. Payment of fees: The Licensee shall pay 100% of fees identified on the front page of this Agreement on date boat hauled out and the balance in full prior to entering storage facility.

4.2. Payment of other costs: The Marina will invoice Licensee for any other amounts payable by Licensee under this Agreement. The Licensee shall pay all invoices within thirty (30) days of receipt of the invoice.

4.3. Debts: If License fails to pay an amount invoiced by or otherwise demanded by the Marina, such amount will be a debt due and owing to the Marina by the License and the License shall pay such debts immediately on demand by the Marina. If no demand is made, such debts become due and payable without demand upon the termination or expiration of this Agreement.

5. SIGNING & DOCUMENTATION

5.1. Signing: This Agreement is not valid unless signed by the appointed representatives the Marina AND the Licensee. If the Licensee is an individual, the signature shall be witnessed.

5.2. Documentation: On signing this Agreement, the Licensee shall provide to the Marina the following written documentation to the satisfaction of the

Marina: a) a certificate of registration of the Boat; b) a valid Certificate of Insurance and a renewal replacement as may be necessary for the Boat, confirming the insurance coverage requirements and stating any pertinent exclusions as applicable, contained by the policy; and c) an agency agreement between the registered owner of the boat and the authorized agent, where the Licensee is an agent of the registered owner of the Boat, showing the authority of the authorized agent to fulfill all obligations under this Agreement; or d) a leasing agreement between the registered owner of the Boat and the lessee, where the Licensee is a lessee of the Boat.

6. LIABILITY

6.1. Assumption of risk and limitation of liability: This Agreement is for the provision of a storage facility only, and the storage and wrap services, equipment and other facilities are to be used entirely at the risk of the Licensee and any partner, director, officer, employee, agent, contractor, lessee, passengers, crew and guest of the Licensee. The Indemnified Parties shall not be liable for the care or protection either of the Boat or of the Licensee, or of any partner, director, officer, employee, agent, contractor, passenger, crew or guest of the Licensee, or for any loss, theft, damage or injury (including death) occasioned to the Boat or person or the property of the Licensee, or of any partner, director, officer, employee, agent, contractor, lessee, passenger, crew or guest of the Licensee howsoever caused.

6.2. Indemnity: The Licensee shall indemnify and hold harmless the Indemnified Parties from and against Claims, by whomever made, sustained or brought, including for third party bodily injury (including death), personal injury and property damage, in any way based upon, occasioned by or attributable to anything done or omitted to be done by the Licensee, its partners, directors, officers, employees, agents, contractors, lessees, passengers, crew or guests in the course of using the Storage Facility or Storage Area or any of the Marina services, equipment or other facilities used by the Licensee, or by its partners, directors, officers, employees, agents, contractors, passengers, crew or guests.

6.3. Insurance: The Licensee shall put into effect and maintain for the duration of this Agreement, at its own cost and expense, with insurers acceptable to the Marina, complete marine coverage insurance for the Boat including Protection & Indemnity, to an inclusion limit of not less than $2,000,000 per occurrence. The Policy is to include the St. Lawrence Parks Commission as an Additional Insured. The Licensee shall provide the Marina with proof of its coverage when the Licensee signs this Agreement and when the insurance is renewed.

7. TERM & TERMINATION

7.1. Term: The Agreement shall be in effect for the Term, unless terminated earlier in accordance with this Agreement. the term is for 6 month

7.2. Termination by Licensee: The Licensee may terminate this Agreement at any time by giving fifteen (15) days’ written notice to the Marina. No part of the monetary consideration for this Agreement will be returned to the Licensee in the event of termination under this clause.

7.3. Monthly agreement extension: If the Licensee has elected to have a monthly agreement, or if a monthly agreement has resulted under clause 7.3, and the Licensees wishes to extend the monthly agreement, the Licensee shall give the Marina notice at least one week in advance of the expiry of the Agreement. The Marina may either arrange such extension on such terms as to daily or monthly rates for the extension as it deems proper or may, in its discretion, refuse such an extension.

8. GENERAL PROVISIONS

8.1. Relationship of Parties: This is an Agreement for the provision of a storage facility only and the provisions of this Agreement do not constitute nor shall they be construed to constitute an employment relationship, an agency relationship, or a partnership or joint venture between the parties.

8.2. No bailment: This Agreement is not an agreement of bailment; the Licensee is not the bailor of the Boat nor is the Marina the bailee of the Boat. At all material times as between the Licensee and the Marina, the Boat shall be and shall be deemed to be in the possession of the Licensee notwithstanding that the Marina may, as provided in this Agreement, move or otherwise handle the Boat and any such moving or handling shall be deemed not to take the Boat out of the possession of the Licensee.

8.3. Lien: The Marina may place a lien against any Boat for amounts due in respect of the use of the Storage Area, the cost of repairs for any damage caused to any Marina property by the Licensee, or any partner, director, officer, employee, agent, lessee, contractor, passenger, crew, and guest of the Licensee, and for any other debt of the Licensee due to the Marina under the terms of this Agreement. The Marina may give notice of the lien to the Licensee, subject to the Repairs and Storage Liens Act, R.S.O. 1990, c. R.25, as amended.

8.4. Notices: Any notice, request, consent or approval under this Agreement shall be given in writing to the contact details set out on the front page of this Agreement.

8.5. Force Majeure: Neither party shall be liable to the other party for any failure to comply with or any delay in the performance of the terms of this

Agreement where such failure or delay, directly or indirectly or in whole or in part, arises from an event beyond its reasonable control such as (but not limited to) natural disasters, acts of war, insurrection, terrorism, or action taken by governmental authority in hindering or defending against such occurrence, strikes, slowdowns, lockouts or other labour or employee interruptions or disturbances, whether involving employees of the Marina or of any other person over which the Marina has no reasonable control. A party seeking to rely on the provisions of this section may do so only if notice in writing identifying the event relied on and the date of its occurrence is given to the other party within five (5) days of the occurrence of the event.

8.6. Waiver: No failure by either party to exercise any right under this Agreement or to insist upon full compliance by the other party with its obligations under this Agreement will constitute a waiver of any provision of this Agreement.

8.7. Survival: Clauses 3.4, 3.5, 3.6, 4.3, 6.1, 6.2, 7.2, 7.6, 7.8, and section 8 shall survive the expiry or termination of this Agreement.

8.8. Entire agreement / amendments: This Agreement constitutes the entire agreement between the Marina and the Licensee with respect to the storage of the Boat at the Storage Facility and supersedes all other prior agreements, communications and understandings, both written and oral. This Agreement may not be amended or modified unless in writing and signed by both parties.

8.9. Governing law: This Agreement and all disputes or other matters arising out of it shall be governed by and construed in accordance with the laws of the Province of Ontario and the applicable federal laws of Canada. Both parties shall attorn to the jurisdiction of the courts.