This is an agreement between “Club” and “Organizer.”
Organizer is the Corinthian Yacht Club of San Francisco, which has chartered a group of J/22 sailboats from the St. Francis Yacht Club (“StFYC”)
Club is identified below:
Club will pay a use fee of $675 to Organizer. Organizer will assign a boat from the group of J/22 boats to Club for use in the Lipton Cup regatta. The boats are believed to be substantially identical for purposes of racing.
Use of the assigned boat (“Boat”) is subject to the following conditions:
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Boat may only be used inside San Francisco Bay and, unless otherwise authorized, in the 2026 Lipton Cup
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No laws may be violated on the boat. Drug use is forbidden. Club must indemnify Organizer and StFYC for any loss or fines from violations.
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Skippers must be competent to handle a J/22.
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Boat must be returned in the same condition as it was handed over, including cleaning.
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Damage or problems must be reported immediately on occurrence or discovery.
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Club must comply with all NOR and SI requirements.
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Club shall obey on-water instructions regarding spinnaker use.
Organizer may substitute boats in case of need, assuming one is available. Organizer has chartered an extra boat against such a possibility.
Some legal items:
Per the master lease with StFYC:
Club shall procure and maintain the following insurance related to the operation of the Boat during the term of this agreement: (1) Hull and Machinery Insurance (with StFYC named as the Loss Payee) to the full extent of the value of the Boat ($35,500); (2) Regatta Liability Insurance; (3) Marine Protection and Indemnity Insurance (not including crew coverage for personal injury or death, whether brought pursuant to the Jones Act, General Maritime Law, or for Unseaworthiness, Vessel Owner Negligence, Maintenance and Cure or otherwise ); (4) Commercial General Liability coverage; and (5) Vessel Pollution Insurance. The liability coverage shall have limits of no less than $1,000,000 and a deductible not to exceed $2,500. Said insurance shall name the Organizer and StFYC as additional assured and waive subrogation against them. Club shall be solely responsible for the payment of any applicable deductibles arising from claims that occur hereunder.
Club is responsible for any damage to Boat beyond that covered by insurance including (1) claims within the deductible Organizer and StFYC insurance policies, (2) liability for covered claims in excess of the limits of said policies, (3) claims for personal injury or death by or on behalf of paid crew whether brought pursuant to the Jones Act, General Maritime Law, or for Unseaworthiness, Vessel Owner Negligence, Maintenance and Cure or otherwise and (4) all claims which are not covered by the above referenced policies except those due to the gross negligence or willful misconduct of the Organizer or StFYC.
Club will indemnify and hold harmless Organizer, StFYC, the PICYA and their respective officers, employees, members, and volunteers from, and be solely liable for any and all claims of any kind arising out of or related to this Agreement and Club’s use of the Boat including the claims mentioned above. Club further releases said parties from any claim arising out of or in any way connected with this agreement or Club’s use of any Bat, for any injuries, death, property damage or loss which Club or its guests may suffer or sustain, except to the extent caused solely by the Organizer’s or StFYC’s gross negligence or willful misconduct.
StFYC and PICYA are intended beneficiaries of this agreement.
