Yacht Management Agreement Template

Comprehensive and Unique Overview of the Superyacht Industry 9.5 This Agreement constitutes the entire Agreement between the Parties and supersedes all prior agreements and understandings. While managers may be able to limit their final financial liability under the internationally recognized 1976 Convention on limitation of liability for maritime claims, there will still be many situations where this will be unlimited. It is therefore understandable that a manager wishes to explicitly limit an owner`s liability in the agreement itself. While it is clearly in the owner`s interest to object, such an upper limit may be necessary for a manager to subtract liability insurance. 1 Please check all pages – Page 1 of 6 PO Box 229, Chester, MD Phone: Owner`s Name(s) – LLC Yacht Charter Management Contract 2 House Address Street/City/State/ZIP- 4 Home Phone – Business Phone – 5 Mobile Phone Address – 6 Yacht Name – 7 Yacht Manufacturer and Year – Model – 8 Length – State Reg # USCG Doc # 9 Hull ID # – Entry Key or Combo- 10 If Key Where Is It Stored – 11 berth: Charter fee offered 1/2 day per day * 2 days 3 days 4 days 5 days 7 days week Gross charter $1,200 $1,800 $2,100 $2,400 $2,700 $3,600 Cost Estimated return to owner $720 $1080 $1260 $1440 $1620 $2160 For your vessel, there is one minute per day Expected $ amount: $ Rental Preference: Capt. Charter Bareboat Charter: Either: WHEREAS CYC and the Owner(s) wish to enter into this Agreement together, wherein CYC acts as the Owner`s agent in the chartering and management of the aforementioned Yacht from the date of this Agreement until termination in accordance with the terms of Section 6 (six) of this Agreement. Yacht management contracts are usually concluded in a spirit of goodwill, at a time when a lawsuit could not be further from the minds of the parties. Still, they should be designed by a lawyer who specializes in superyachts – not a lawyer who specializes in shipping on a loose end. There are a lot of them right now because the shipping market is depressed. 8.1 In no event, to the fullest extent permitted by law, shall Reliance be liable for any increase in costs or expenses for loss of profits, business, contracts or anticipated savings, or for any indirect or consequential damages arising out of or in connection with any Service, whether in tort, breach of contract or otherwise.

Information or instructions: Contingency fee agreement for bodily injury 1. The following form is a written contingency fee agreement that can be used to deal with the lawyer on the salary of staff. In addition, managers must agree that their accounts relating to the respective yacht will be available for inspection by the owner. In some jurisdictions, these accounts may be considered the property of the manager alone, which promotes access disputes and wider forced disclosure in the event of a dispute. Office number 01803 611030 13, Hyde Road, Paignton, Devon. TQ4 5BW. www.targetpropertyservices.com CONTRACT OF RENTAL AND MANAGEMENT AGENCY OF TARGET PROPERTY Rentals & MANAGEMENT This agreement is concluded between the 2.2 It is agreed under this contract that by signing or returning this document in a form completed by e-mail, the owner offers the yacht for delivery on the agreed start date, as follows: While owners usually ask for it, trade-offs in manager performance may be inevitable. .

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