I acknowledge that I have read this Leasing Contract in full and that I understand and agree to abide by the terms and conditions set forth herein. I acknowledge that I have received a copy of this contract as signed and dated by me below and as initialed by me on the reverse.

I agree to abide by the Newburyport Yacht Club Rules and Regulations updated from time to time.

I have appended copies of the Certificate Page of my insurance policy with minimul liability of $500K, listing Newburyport Yacht Club as a named insured and of my boat’s official registration and/or documentation, or I will provide a copy of these documents prior to my boat being on NYC premises and/or docks.

I understand that the Club reserves the right to measure my boat in order to confirm the dimensions of her overall length and beam as I have provided herein.

SEASONAL SLIP SPACE: I understand that a 25% deposit is due upon signing, 25% is due on or before December 31,and the balance is due on or before April 1. In the event payments are not made accordingly, I understand that the Club reserves the right to cancel this Contract, and to retain any deposits or partial payments I have made. If this Contract is executed after April 1, I understand that the rental fee is due and payable in full upon signing

I understand I am required to display a Waterways Permit on the stern of my boat. (Permits available through Newburyport Harbormaster’s office).

I understand I will be required to purchase at least one Swipe Card or Key Fob at a cost of $15.00 in order to operate the Club’s security system.

I understand that, if I have not entered into a prior leasing agreement with the Newburyport Yacht Club for winter land storage  following summer slip period, and paid the requisite fee, I must vacate the marina on or before October 15, of the current season, or be subject to a charge of $100.00 per day until such time as I do vacate the marina.