1. Services offered Moor & Dock Leros Moorings PCC during the contractual period.

Moor & Dock Leros Moorings PCC, hereinafter referred to as the “Company,” and Navmare B. D. & C. Ltd., along with any other authorized partners, hereinafter collectively referred to as the “Contractors.”

By this agreement, the Owner formally requests, and the Company grants, the right to use the facilities and the following services, subject to the terms and conditions set forth herein.

• Haul-Out(s) and Launch(es): The contract includes 1 or 2 haul-out(s) and launch(es), as per agreement. Any additional haul-out or launch services requested beyond the included number shall be subject to additional charges as per the applicable Company rates.
• Berthing terms and conditions:
  • The Vessel shall have the right to berth at “Lakki Marina” for a total period of agreed upon Days in the Marina during the contractual period, specifically from March 1st to June 15th, and from September 15th to the end of November. Owners of Vessels that have a mooring contract must notify the management at least two (2) days before their departure date by providing their sailing plan, which must include their return date. If their return to the Marina is unknown, then a notification time of at least six (6) days before their return is required in writing or by email.
  • Vessels shall not be left unattended at the marina. In the event that a vessel must remain unattended, it shall be removed without exception from the water and stored on land during the period of the crew’s absence. This provision is enacted to ensure the safety and security of all vessels within the marina premises.
• Payment Terms:
  • All contractual payments must be settled in full upon signing this agreement, unless a separate written payment arrangement has been established with the Company’s Administration.
  • The Owner shall bear all applicable Value-Added Tax (VAT) under Law 2859/2000 (Greek VAT Code).
  • Invoices for services rendered must be settled in full upon presentation, and no vessel shall be launched or permitted to depart without prior financial clearance from the Company’s accounting department.
  • Failure to adhere to the agreed payment terms may result in penalty fees, and late payments will incur statutory interest as provided by Greek Law 4152/2013.
  • All payments/deposits made for contracts or service agreements are not refundable.
• Maintenance and Repairs:

The Vessel’s maintenance and/or repairs shall be carried out exclusively by the Contractors by the terms outlined in the “Maintenance Order Form.” The scope, cost, and execution of such works shall be as agreed upon and duly signed by the Owner and the Company’s authorized representative. No maintenance or repair work shall be undertaken without prior written agreement, either via email or “Maintenance Order Form,” which is combined with the requested estimate, except in cases of emergency where immediate action is necessary to prevent damage or ensure safety.

• Maintenance and Repairs Obligations:

The Contractors shall be obligated to carry out and complete all maintenance and repair work requested by and agreed upon with the Owner, as specified in the “Maintenance Order Form,” within the agreed period. Any deviations, modifications, or extensions to the agreed scope of work shall only be valid if expressly agreed upon in writing by both parties.

• Provision of Estimates:

The Contractors shall provide the Owner with cost estimates for the requested services, as indicated in the “Maintenance Order Form” or via email, at the Company’s earliest convenience. The issuance of estimates shall be prioritized based on the order in which the requests were received. All estimate clauses and disclosures, governing the terms and conditions of our estimates, can be found at https://wp.me/PaEJsa-Op.

• Any maintenance or repair work submitted and accepted by the Owner on the “Maintenance Order Form,” without the explicit indication of “Estimate Request,” shall be deemed as “As Ordered” and will be executed without the provision of a prior estimate. The Owner acknowledges and agrees that such work will be carried out at the Company’s standard rates and charges.
• An estimated composition fee may be applied based on the complexity and scope of the requested work. This fee covers the administrative cost of evaluating the work, researching material availability and pricing, and composing the estimate. If the Owner proceeds with the approved estimate, the fee shall be either fully or partially absorbed into the final cost of the authorized services.
• The Contractors shall not be required to provide cost estimates for inspections and/or minor or routine works, including but not limited to replacing anodes, winterizing outboards, and lubricating ball valves. The Owner acknowledges that such works are carried out at standard rates. It is understood that it is the Owner’s responsibility to seek clarification from the Company’s Technical Department regarding any exemptions from estimate provisions before placing an order.

• Remarks:
  • Utility Charges:
    1. Electric power and water consumed while the vessel is berthed in the Marina or hard standing in the Boatyard are not included in the contractual fees and shall be charged separately.
    2. The water provided is non-potable and is solely for cleaning and other non-drinking purposes.
    3. During the Owner’s stay in the Boatyard, electricity and water shall be charged at a rate of €8 per day (€5,50 for electricity and €2,50 for water).
  • Restrictions on Work and Vessel Handling:
    1. For safety reasons and by Company policies, no external personnel, except the Owner or officially declared crew, shall be permitted to perform or complete any work on the vessel while it is hard standing in the Boatyard or berthed in the Marina. The Company employs qualified on-site professional staff for such purposes.
    2. It is strictly prohibited for any person other than the Company’s authorized personnel to remove, adjust, or replace the vessel’s support cradles.
    3. For security reasons, climbing the mast or opening the sails while the vessel is in a hard-standing position is strictly forbidden.

2. Rules & Conditions:
   • Provision of Berthing and Land Storage Slots
     • The Owner acknowledges and agrees that the allocation of a berthing or land storage slot is strictly for the duration of the contractual period and does not confer any permanent right or entitlement to a specific position. The Company retains full discretion to reassign, relocate, or modify the position of the Vessel as necessary to meet operational, logistical, or safety requirements. The Owner waives any objection to such reassignments, provided that adequate accommodation remains available under the contract.
     • The use of land area services by the Owner is contingent upon the current availability of the required spaces and facilities.
     • The allocation of vessel slots is governed by the Company, which retains the authority to reallocate vessels as deemed necessary to address spacing and scheduling requirements. This reallocation may also be employed for the purposes of ensuring security and operational efficiency.
     • The Owner does not acquire any ownership rights over a specific berthing or land storage slot. The Owner may not assign, transfer, or exploit the slot or the contract for the benefit of third parties, whether for financial gain or otherwise.
     • The allocated slot is exclusively reserved for the Vessel and Owner specified in this contract as “Vessel’s Name “ & Owner’s “Name”.
     • The owner and/or crew shall be permitted to reside on the vessel for a maximum duration of fifteen (15) days during the hard-standing period. This provision excludes any timeframe in which the company is closed for more than two (2) consecutive days, such as during the Christmas holidays, during which time the occupancy of the vessel is expressly prohibited. It is hereby acknowledged that the boatyard shall be engaged in various ongoing works, and as such, the safety and well-being of guests cannot be assured.

3. Restrictions on Usage.
   • The Owner may not berth any other vessel under their ownership, possession, or control in the allocated berth.
   • The Owner shall not occupy the designated berthing slot in any manner while the Vessel is absent from its position.
   • The Company retains the right to deny berthing privileges in accordance with the General Marinas Operating Regulations and its internal operating policies.
4. Liability for Compliance and Payment Obligations
   • The Owner and their legal representative are jointly and severally responsible for ensuring compliance with all provisions of this contract, including but not limited to paying all fees related to berthing, services, utilities, and any other facilities provided by the Company.
   • The Owner explicitly waives any objection regarding the liability division for payments, acknowledging their full and unconditional obligation to settle all amounts due under this contract.
5. Responsibility for Vessel Operations
   • The Owner and their authorized agents, including but not limited to the captain, crew, and passengers, shall bear exclusive responsibility for the arrival, departure, securing, approach, and berthing of the Vessel and its general presence within the Company’s facilities.
   • All such operations shall be conducted strictly in accordance with the instructions, guidelines, and directives issued by the Company’s management.
6. Consequences of Payment Delays
   • A delay in the payment of berthing or service fees exceeding sixty (60) days shall entitle the Company to terminate this contract without further notice.
   • In addition to contract termination, the Company may exercise the following rights:
     • Penalty Fee – Impose a penalty fee equivalent to one-tenth (1/10) of the current monthly berthing fee for each day the Vessel remains within the Company’s facilities beyond the contractual period.
     • Unauthorized Stay – Consider the Vessel’s continued presence within the Company’s facilities as unauthorized (arbitrary), subject to applicable legal and regulatory consequences.
   • The Owner acknowledges and agrees that the penalty fee is fair, reasonable, and proportional to the contractual obligations.
   • At the sole discretion of the Company, a delay in payment may result in:
     • Prohibition of the Vessel’s departure until outstanding payments are settled.
     • Detention of any other vessel under the Owner’s ownership in accordance with applicable law.

7. Right of Seizure or Destruction.

By executing this contract, the Owner expressly acknowledges and irrevocably agrees that the Company shall have the right, at its sole discretion, to seize, take possession of, or proceed with the disposal, auction, or destruction of the Vessel, in accordance the Article 974 et seq. of the Greek Civil Code under any of the following conditions:

• In the event the Owner is deemed to have abandoned the Vessel for a continuous period exceeding two (2) calendar years and has failed to provide prior written notice of such absence. Abandonment shall be established by the absence of any verifiable communication between the Owner and the Company during this period.
• In the event the Owner is in default of payment of berthing or residence fees, and the total amount due exceeds the cost equivalent of two (2) complete annual berthing contracts, whether consecutive or cumulative.
• In either case, and without any further formal notice or judicial intervention, the Company shall be entitled to take all necessary measures to confiscate, remove, or dispose of the Vessel. Such disposition may include the full and permanent destruction of the Vessel. In the event of destruction, the Company shall issue and maintain a written Protocol of Destruction, detailing the condition and disposal procedure of the Vessel. All direct and indirect costs incurred in connection with the seizure, removal, and destruction of the Vessel, including but not limited to dismantling, labor, transport, environmental disposal, and administrative expenses, shall be borne solely and entirely by the Owner.
• The Owner hereby waives, without limitation, any right to object, claim compensation, or initiate legal proceedings in connection with the seizure or destruction of the Vessel undertaken by the terms of this clause.

8. Contract Expiry and Use Limitations
   • The rights granted under this Agreement, including the use of berthing, hard standing, and any related services, are valid strictly within the defined contractual period as stated herein. This Agreement does not permit automatic renewal or continuation of services beyond its expiration. Any continued stay or use of the Company’s facilities beyond the agreed period shall be deemed unauthorized and subject to applicable daily charges, penalty fees, and potential legal action. The concept of “tacit relocation” (silent renewal) is expressly excluded.
9. Other Terms.

All maintenance, repairs, fuel supply, freshwater provisioning, material supplies, laundry services, and any other related services shall be performed by the Company or its authorized Contractors only upon the Owner’s written request. The Owner must submit a duly completed “Maintenance Order Form” (M.O.F) to the Company’s management at the time of lift-out or, if not possible, within twenty (20) days from the lift-out date via email. The “Maintenance Order Form” shall be deemed an integral part of this Agreement. Failure to comply with this deadline releases the Company from liability for delays in completing the requested work.

Definitions.

• Delays in Completion of Works:

In the event of a delay in completing the requested works, the Company or its authorized Contractors shall notify the Owner in writing via email no later than twenty (20) calendar days before the agreed deadline.

• Vessel Launch Procedure:

The presence of the Owner or an authorized Skipper is required for the vessel’s launch. An appointment must be scheduled in person or via email at least forty-eight (48) hours before the desired launch date. Due to pre-planned travel lift schedules, same-day launching may not be feasible and may be declined if the travel lift has been pre-allocated.

• Deposit Requirements:

Before commencing any agreed-upon work, the Company or its Contractors are entitled to request a deposit. The required deposit shall be based on the estimated cost and shall not be less than:

• Forty percent (40%) of the estimated cost for labor, and
• One hundred percent (100%) of the cost for required materials.

During the work process, an additional deposit of up to thirty percent (30%) of the remaining balance may be requested.

• Payment Obligation:

Completed work shall be invoiced accordingly. The Owner or their authorized representative must settle and pay the outstanding balance in full, twenty-four (24) hours before the Vessel’s launch.

• Clearance for Launching or Departure:

Before the vessel’s launch or departure from the Marina, the Owner must obtain clearance from the Company’s accounting department confirming the settlement of all outstanding accounts related to the Company and its Contractors.

• Liability After Inspection and Sea Trial:

Upon completion of the requested works, the Owner shall inspect the Vessel and, if deemed necessary, conduct a sea trial. Following the Owner’s inspection and/or sea trial, the Company and/or its Contractors shall bear no further liability for any malfunctions and/or damages to the Vessel.

• Liability for Weather-Related Damages:

The Company shall not be held liable for any damages, pollution, or accidents affecting the Vessel resulting from extreme or severe weather conditions.

• Owner’s Responsibility for Accidents:

During the Owner’s and/or their guests’ stay within the Boatyard and/or Marina to prepare the Vessel before launching or after lifting, the Owner assumes full responsibility for any accidents, injuries, or incidents affecting them or their guests.

• Restrictions on the Use of Gas and Electrical Equipment:

While the vessel is on hard standing, gas cookers and electrical power are strictly prohibited, except when charging the vessel’s batteries, operating lights, or using low-voltage tools. This restriction is enforced for security and safety purposes.

• Owner’s Declaration of Vessel’s Condition and Liability:

By signing this document, the Owner attests that the Vessel is free of any technical issues that may pose a security risk. Any failure to disclose such matters shall render the Owner fully responsible for any resulting consequences. Suppose the vessel develops technical issues or other issues that could compromise the security of the boatyard or marina. In that case, the Owner shall bear full responsibility for covering any resulting damages, either personally or through their insurance.

• Waste Disposal Regulations:

In compliance with MARPOL Annex V and Greek national environmental law (e.g. Ν. 1650/1986), bilge water, wastewater, septic tank contents, used oil, and old batteries must be disposed of exclusively in the designated containers provided by the Boatyard or Marina. The Boat Owner shall bear all disposal costs. The Boatyard and Marina reception has provided the necessary information and instructions regarding proper disposal procedures. The Boat Owner is responsible for complying with these regulations; otherwise, they are obligated to pay high fines that may reach €10,000 per case.

10. Limitation of Liability Clause

To the fullest extent permitted by applicable law, the Company and its Contractors shall not be liable for any indirect, incidental, special, punitive, or consequential damages, including but not limited to loss of use, revenue, or profit, arising out of or in connection with this Agreement.

11. Force Majeure

The Company shall not be liable for any failure or delay in performance caused by events beyond its reasonable control, including but not limited to acts of God, natural disasters, labor strikes, civil unrest, governmental orders, or pandemics, whether foreseen or unforeseen.

12. Contractual Lien and Vessel Retention

The Company shall hold a contractual lien over the Vessel and any equipment onboard for all unpaid dues and charges. This lien shall entitle the Company to retain possession of the Vessel until full settlement.

13. Amendments to Rules and Regulations and Terms
    • The Company reserves the right to amend the terms and conditions herein, provided that written notice is given to the Owner at least fifteen (15) days in advance. Amendments shall not apply retroactively unless mutually agreed in writing.
    • The Owner expressly acknowledges and agrees that all operational policies, marina regulations, and boatyard rules, including but not limited to safety protocols, berthing procedures, and service limitations, are subject to modification by the Company as necessary to maintain security, efficiency, or compliance with legal requirements. The most current and binding version of these rules and regulations shall be published and made publicly available at https://wp.me/PaEJsa-1pB. It is the Owner’s responsibility to remain informed of any such changes. Continued use of the Company’s facilities constitutes acceptance of the updated terms.
14. Limitation of Liability for Agents

The Company shall bear no liability for damages caused by the Vessel’s crew, captain, or third-party representatives appointed by the Owner.

15. Indemnity

The Owner agrees to indemnify, defend, and hold harmless the Company and its Contractors from any claims, damages, or liabilities arising from the Owner’s use of the facilities or breach of this agreement.

16. Governing Law and Jurisdiction

This Agreement is governed by and shall be interpreted by Greek law. Any dispute arising from or related to its interpretation, application, or performance shall be subject to the exclusive jurisdiction of the Courts of Athens, Greece.