Release of Liability

Lake Travis Yacht Rentals – WAIVER AND RELEASE OF LIABILITY AGREEMENT

Austin, TX

 

  1. DISCLAIMER

This Waiver and Release is applicable to all renters, operators, passengers, and users of equipment

provided by Lake Travis Yacht Rentals. *(For purposes of this Waiver and Release, the term “Lake Travis Yacht Rentals” includes all employees, agents, representatives, servants, assigns, successors, insurers

and subsidiaries of Lake Travis Yacht Rentals). If any other rental agreement is used in addition to, our in

conjunction with, this Release, the provisions of this Release shall prevail over any other clauses in the

rental agreement that are inconsistent with this Release. The undersigned agrees that he/she is also

signing this Release on behalf of undersigned’s minor children. Renter agrees that he/she will disclose

to Lake Travis Yacht Rentals all potential operators, passengers, and users of said rental equipment.

Renter further agrees that in the event that he/she fails to notify Lake Travis Yacht Rentals of all potential

operators, passengers, or users of said equipment, he/she will be personally liable for any damages to

the undisclosed individuals, even if such damages arise out of the negligence or fault of

Lake Travis Yacht Rentals.

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  1. EXPRESS ASSUMPTION OF RISK

The undersigned hereby agrees that he/she is renting, operating or using the equipment provided by

Lake Travis Yacht Rentals at his/her own risk. The undersigned agrees that he/she is voluntarily

participating in all activities related to the rental, operation, or use of the rental equipment, and

assumes all risk of injury, illness, damage or loss that might result, even if the risks arise out of the

negligence or fault of Lake Travis Yacht Rentals.

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III. WAIVER/RELEASE OF LIABILITY

By the execution of this Release, the undersigned agrees that Lake Travis Yacht Rentals shall not be liable

for any damages arising from personal injuries sustained by the undersigned or any minor children

under the undersigned’s custody, care, and control, as a result of any and all activities related to the

rental, operation, or use of equipment provided by Lake Travis Yacht Rentals. The undersigned assumes

full responsibility for any such injuries or damages which may occur, and further agrees that Lake Travis Yacht Rentals shall not be liable for any loss or theft of personal property. The undersigned specifically

agrees that Lake Travis Yacht Rentals shall not be responsible for such injuries, damages, loss or

theft, EVEN IN THE EVENT OF NEGLIGENCE OR FAULT BY Lake Travis Yacht Rentals,

whether such negligence is present at the signing of this Release or takes place in the future. This

Waiver and Release does not apply to gross negligence or intentional torts by Lake Travis Yacht Rentals.

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  1. LIABILITY TO THIRD PARTIES

The undersigned hereby agrees that he/she will indemnify and hold harmless Lake Travis Yacht Rentals

for all personal injuries, property damages, or any other damages to any and all third parties, including,

but not limited to, operators and passengers of other watercraft and minor children under the

undersigned’s custody, care, and control, as a result of any and all activities related to the rental,

operation, or use of equipment provided by Lake Travis Yacht Rentals, even if such damages arise out

of the negligence or fault of Lake Travis Yacht Rentals.

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  1. ACKNOWLEDGMENT OF WAIVER AND RELEASE

The undersigned states that he/she has had sufficient time to review the Waiver and Release and to ask

any questions associated with said Release. The undersigned further states that he/she has carefully

read the foregoing Waiver and Release, knows the contents thereof, and has signed this Release as

his/her own free act. The undersigned warrants that he/she is aware that he/she may rent, operate, or

use equipment from another rental facility, but has chosen to rent, operate, or use equipment from

Lake Travis Yacht Rentals with the knowledge that signing this Release is a requirement for rental,

operation, and use of said equipment. The undersigned further warrants that he/she is fully aware that

he/she is waiving any right he/she may have to bring a legal action to assert a claim against

Lake Travis Yacht Rentals for Lake Travis Yacht Rentals negligence.

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***READ RELEASE BEFORE SIGNING***

 

Sign and Date:

 

Print Name:______________________________________

 

 

Signature:_______________________________ ________________                               _______________________________________