Agreement made this ___ day of _____________ between COADY MARINE Inc, a Delaware corporation ("Operator") and _________________________, "Charterer", as follows:
1. Conditions of Hire. The Operator will let, and the Charterer will hire the crewboat LINDA IRENE ("Crewboat) for the term of __ days from the __ day of __________, the Crewboat being
then placed at the disposal of the Charterer at Boston Harbor Shipyard, to be employed as the Charterer shall direct, subject to the following conditions:
(a)
General. Charterer at Charterer's sole expense may inspect the Crewboat prior to execution of this agreement to determine if the vessel is acceptable for the intended service. The Operator will pay
for the wages of the master and crew and for all stores excluding diesel fuel. Fuel costs are the responsibility of Charterer. The Master is responsible for the operation and maintenance of the Crewboat and
will devote himself or herself accordingly. Charterer will provide evidence of insurance. Charterer will assure through their representative aboard that Charterer's employees comply with all federal and
state regulations and statutes
(b) Duties of Master. The Master shall have sole discretion with regard to the safety of the vessel and all persons embarked
thereon. With respect to movement and positioning of the vessel, except as is contrary to his or her primary responsibility of ensuring the safety of the vessel, crew, and passengers, the Master shall be under the
general direction of the Charterer and shall prosecute each voyage with dispatch.
(c) Rate of Payment. The Charterer will pay one thousand two hundred fifty dollars ($1,250) per day
from the day of the Crewboat's delivery as aforesaid until either (i) the end of the term of the charter or (ii) until the Crewboat's redelivery per section (k), whichever occurs last.
(d) Accommodations Up to six (6) passengers may be aboard the Crewboat at any time. There are no overnight accommodations. There is no galley.
(e)
ldle Day Credits. For each day during the term of the Charter that the Crewboat is tied to its normal dock in Boston Harbor, the Charterer's employees are not aboard, and the Crewboat is not being used a
credit of seven hundred fifty dollars ($ 750) will be made to Charterer's account.
(f) Payments. The Charterer will pay a deposit of five thousand dollars ($5,000) upon execution of
this agreement and agrees to pay by wire transfer for the interim hire of the Crewboat within three (3) days of the presentation of any interim invoice. If any payment is in default the Operator shall have the
right to withdraw the vessel from the service of the Charterer without prejudice to any other remedy the Operator may have against the Charterer. The deposit shall be credited against the final bill.
(g) Docks and Ports. Passengers and deck cargo shall be loaded or discharged and refueling shall be conducted at safe berths where the Crewboat may always lie
afloat in a port where the Crewboat may safely maneuver. Dockage, wharfage and related fees will be paid by Charterer.
(h) Restrictions
. The Crewboat may not be used in any manner prohibited by USCG regulations
(i) Rendering assistance. Any salvages shall be for the Operator's and Charterer's equal benefit.
(j) Loss of Time. In the event of any deficiency of men or stores, breakdown of machinery or damage preventing the working of the Crewboat for more than 24 hours, this charter shall be suspended at
the end of the 24 hours until the Crewboat is able to resume service, at which time the charter shall continue, the term extended by the length of the suspension.
(k) Redelivery of Vessels.
The Charterer shall deliver up the Crewboat at Boston Harbor Shipyard
2. Authority to Enter Into This Agreement. The Crewboat is a United States documented commercial vessel,
official number 550243, owned by COADY VESSELS Inc, a Delaware corporation ("Owner"). Operator has an separate agreement in force with Owner such that Operator may enter into this Charter Agreement with
Charterer.
3. Penalty. The penalty for the nonperformance of this charter shall be forfeit of the deposit, and it is agreed that same shall be construed as liquidated damages
