Release of Indemnity statement:
I, the undersigned, hereby acknowledge and declare that I am always aware that sailing, yacht race and the marine environment (including the Vessel) is inherently hazardous and potentially dangerous resulting damage, death or personal injury. In consideration of the boat owner, at his own discretion, allowing me to board, visit and/or make a voyage upon the vessel for the sole purpose of participating in the YMC Sailing Event, I, in full knowledge of all the risks inherent in these activities, shall undertake to exercise due care and diligence and take full responsibility to ensure my own safety and the other’s during and throughout the time while I am on board of the Vessel and I duly and forever release, dismiss, discharge and agree to indemnify, defend and hold harmless the above vessel and her owners, operators, charterers, sub-charterers, insurers, agents and employees, and all of their heirs, successors, assigns, subcontractors, agents and employees (hereinafter the “Releasees”), of and from any and all claims, demands, causes of action, liabilities and obligations of any kind, known or unknown, which I may now have or may hereafter acquire. I hereby promise not to present any claim or demand against the Releasees, or any of them, by way of lawsuit, legal claim, administrative claim, maritime lien or otherwise. I fully understand and agree that this Release and Indemnity Agreement (the “Release”) shall apply to, and cover, any and all losses and damages, known, unknown, speculative or ascertained in the future, including any injury now unknown, or the consequences thereof, which may arise from any cause including but not limited to Releasees’ partial or sole negligence, breach of warranty, breach of contract, criminal act or omission or statutory breach of any sort. I understand and agree further to expressly waive all rights I have, may have had, or may hereafter acquire under any law which states that a general release does not extend to claims which I do no know or suspect to exist in my favour at the time of executing this Release. This Release shall be binding upon any and all heirs, executors, administrators, successors and assigns of me, jointly or individually. This Release shall extend to and is contracted for the benefit of all persons who are or may be agents, servants, or independent or sub- contractors of the vessel or one or more other Releasees hereunder, and all such persons shall be deemed to be parties to this Release and entitled to its benefits.