Pecumedia GmbH, Charter Agency Charterpartner.com

PO-Box 401 444, D-80714 Munich, and Charterpartner.com are all registered
names referring to the selfsame sailing charter company.

All claims are subject between the contract partners.

Further agreements are valid in this contract only if they are written and
signed.

Charter Conditions

Rental Fee: Rental fee includes: yacht dues for its usage in the period of time stated in the contract/invoice.

Rental fees do not include: petrol expenses, tourist taxes and mooring place out of domicile marina.

The yacht shall be given at charterer´s disposal clean, in working order and with full fuel and water reservoirs, and in the same conditions should be returned.

Hand-over and acceptance: The charteree is obliged to hand-over the yacht in the time and the place as agreed in working order. If there is any reason for charteree to not fulfill above mentioned conditions, charterer has right to ask for money return for the days he has not used the yacht.If the charteree is not able to provide the yacht from the charter party in 24 hrs or replace with the new one, or same quality, size and number of beds, charterer has right to breach the contract and claim on payment. The charterer has no right to obtain any other compensation. Before the yacht taking over the charterer has to check if the yacht is in working order and to check the inventory quoted on the inventory-list. Any possible complaints should be made until the start of navigation. On Hand-over inventory quoted on the inventory-list should be checked again to see, if the yacht and the equipment are in working order.The charterer is obliged to return the vessel roughly cleaned and tidled withou the crew and their personal luggage at least at the time specified by his charterparty, including the physical take-over lasting for an hour.Therefor it is recommended to returnthe vessel in the marina the night before the charter-party termination-date.If the returning of the yacht is later thatstated in this charter-party, the charterer has the following costs:

- for the delay up to 3 hours - one day rental fee

- for the delay more than 3 hrs - three time rental fee plus all other expenses

Delay can´t be justified by weather conditions.

Deposit Deposit shall be paid at marina before the charter starting-date in cash,cheques,credit cards (AMEX,DC,EC,MC) and it is paid back (whole amount) on bthe return of the yacht. Yacht should be returned on time in specified place, in working order with all inventory quoted in the inventory-list. Lost inventory or any damage will be paid from deposit.

Insurance The yacht is insured against damages from third parties.It also has full (Casco) insurance, which includes marine risc (full insurance) collision, responsibility to passengers and bathers, and salvage yacht body charges. If there is a damage which happened during the sailing, the charterer is obliged to inform the insurance companyimmidiately on contrary is to pay all the costs himself. Insurance covers all the damages by franchise caused by weather or from the other natural desasters, but not the damages made on purpose. Charges for purpose made damagesare not limited by deposit, all expenses caused by damage made on purpose must be paid. Damages on sails shall be paid by charterer.

Charterers liabilitiy Charterer is obliged to pay all the charges for failures made by himself, for which charteree has criminal and financially responsibilitiy. Charterer is responsible for yacht taking away by foreign state authorities because of illegal action. In case of damage or accident charterer is obliged to write down a suitable report and to inform harbour headquarters,police,doctors and charteree in the event of the missing the yacht, detention of vessel or navigantion ban by third parties or foreign government institutions.The charterer is obliged to check daily oil level in the engine. The damage caused with the above mentioned action is not insured and the charterer has to pay for damage by himself.

Charterer´s obligation The charterer is obliged to take care of the yacht, to navigate it carefully and according to the rules of a good navigator, he shall navigate within border sailing area; the yacht shall not be given rented to any third party or used under the storm weather during night or used for night fishing. The charterer will not take a place in races. The charterer is obliged to keep a logbook.

A Charter Termination If the charterer from any reason cannot start charter, the charterer can find a new charterer himself (with previous acceptance of charteree).If the charterer is not able to find another charterer, charteree keeps :

- 30% of the rental fee for termination more than 2 months before the charter starting-date

- 50% of the rental fee for termination a month before the charter starting-date

-100% of rental fee for termination less than one month

If the cancellation is due to objective reasons (death of a family member,heavy injury,war or other) the accepted deposit shall not be paid back, but the charteree shall give the yacht to the charterer at his disposal for another free period of timeor within another reason. A charter-termination-insurance is recommended.

Competency Any dispute arising from or in connection with this contract will be solved bypeacefull agreement, and eventuel unsolved cases which cannot be solved peacefully, shall be under court´s jurisdiction in the charteree´s residence.