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BOAT RENTAL AGREEMENT THIS AGREEMENT is entered into by and between, ______________________, hereinafter "Lessor" and _______________________, hereinafter, "Lessee". FOR VALUABLE CONSIDERATION, the receipt and sufficiency of which is hereby acknowledged, the Lessor and Lessee do hereby covenant, contract and agree as follows: 1. Rental of Boat : Lessee does hereby rent from Lessor the following described boat: [describe boat] 2. Term : The term of this rental agreement is: Rent to begin at ___________ O'clock a.m. on the ___ day of _____________, _____ and to end at ________ o'clock _.m. on the ___ day of ____________, _____. 3. Rental Fee : Lessee shall pay as rental, in advance, the sum of _____________. [This is calculated on an hourly rate of _____ per hour and estimated hours are ______. Lessee shall be refunded any excess payment and shall pay any additional payment due at the expiration of this agreement. However, in no event shall the rental amount be less than ___________.] 4. Use of Boat : Lessee is granted the right to use the boat only in the following designated waters: [describe]. Alternate: [Lessee is granted the right to use the boat in any lawful waters, lake, reservoir, river or ocean.] 5. Improper Use : Lessee agrees (a) that the rented boat shall not be used to carry passengers or property for hire; (b) that the rented boat shall not be used to carry passengers or property in excess of the rated capacity of the boat; (c) not to use the boat to tow or propel any other boat, barge or thing without the owner's written permission; (d) not to use the boat (or motor) in any race or competition; (e) not to use the boat (or motor) for any illegal purpose; (f) not to operate the boat (or motor) in a negligent matter; (g) not to operate the boat (or motor) outside the area of use designated in this Agreement; (h) not to permit the boat (or motor) to be operated by any other person without written permission of the Owner; and (i) not to remove the motor from the boat for any use whatsoever. 6. Lifesaving Equipment : Lessor and Lessee agree that all required lifesaving and safety equipment are aboard the boat and in good order and condition at the time of delivery to the Lessee. 7 . Insurance : [state who is to maintain insurance] Example:[Lessor maintains insurance on the boat held for rental purposes which provides liability insurance of up to _____________________ dollars per incident, medical coverage up to ___________________ dollars per person, per incident and life insurance of ________________ dollars per person.] or - 1 - [Lessor maintains no insurance on the boat rented to Lessee and Lessee understands that no insurance for injury or death is provided with the agreement.] 8. Damage or Destruction of Boat : Lessee agrees to pay unto Lessor all damages to the Boat caused during the term of this agreement. 9. Indemnification of Lessor : Lessee agrees to indemnity and hold Lessor harmless for any and all damages to property or persons arising out of the use of the Boat by Lessee. 10. Expiration of Lease : Lessee agrees to return to Lessor the boat and all contents in the same or substantially same condition as when rented at the expiration of this agreement. 11. Boat Trailer : Lessee is/is not provided a boat trailer in connection with this lease. In the event Lessee is provided with a boat trailer, then as used in this agreement the term "boat" shall include the boat trailer. 12. Governing Law : This agreement shall be governed by the laws of the state of ________________. DATED this the _______ day of ______________, _____. __________________________ LESSOR __________________________ LESSEE - 2 -
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