A+ Racing Rental Agreement - Page 1 of 3

No Vehicle Will Be Driven Without Reading and Signing This Contract. Without Exception

WHEREAS, ________________________________________________, hereinafter

known as “Lessor” desires to lease from A+ Racing 14455 Meadow Dr. Grass Valley Ca. 95945 hereinafter known as “Lessee”, a Spec Miata Race Car,

and WHEREAS, the parties here to desire to establish in writing the terms and conditions under which Lessor will lease said car.

NOW, THEREFORE, in consideration of the foregoing the parties hereto agree as follows:

1. Lessee will lease from the Lessor a Spec Miata race car for the following dates (“Event”):

Sonoma__/__/__

T Hill __/__/__

Laguna__/__/__

2. Lessee agrees to pay the sum of $______for the Event (“Rental Fee”).

The Rental Fee is a flat fee for providing the car. No portion will be

returned due to the Lessee’s inability to continue or If the car is damaged in the event and is unable to continue. A $100 per day deposit is due to retain the Race Car for your desired date(s). $ 100 Deposit Per Day or by arrangement

3. In consideration of the lease stated herein the Lessor agrees to provide a Spec Miata Race Car #____ which will pass tech inspection.

4. Lessee shall be responsible for all required credentials, entry fees, test day fees,

racing fuel (91 oct), protective clothing and helmet, travel expenses, food & lodging expenses, (car comes with a full tank of gas per day)

and any other personal expenses.

5. Lessee agrees to be responsible for the payment of any and all damage to the car, including, but not limited to engine and body work caused as a result of the use of said car. Lessee agrees to be held liable for damage to the car and for damage to any trackside property caused as a result of a driving error by the Lessee. If the car is damaged by the driving error of other driver(s) or vehicle(s) on the course, the Lessee remains liable for all damage to the car even if the Lessee may have no fault in the incident. Lessee shall be responsible for damage to the car’s engine as a result of failing to monitor the gauges. All repairs shall be made by A+ Racing (530) 277 6311

All parts necessary for all repairs as well as labor charges will be the responsibility of the Lessee. A labor charged of $80 per hour will be covered by the Lessee.

6. The undersigned shall indemnify, waive any and all claims against and hold A+ Racing Al Angulo (“Al”), harmless from any and all claims arising from the conduct, management or the performance of the job of renting, storing, preparing, repairing, transporting or maintaining race cars. This agreement is applicable to race cars owned and/or

operated by A+ Racing, Angulo, the undersigned. This indemnity, waiver of claims and hold harmless agreement shall apply to any and all conditions arising from any accident, injury, or damage whatsoever caused by or to any person, or property by A+ Racing, Angulo; including, but not limited to, loss or total destruction of property or severe injury or loss of life. Further, by execution of this agreement, the undersigned hereby remises, releases, acquits, satisfies and forever discharges A+ Racing, Angulo and any companies affiliated with A+ Racing, Angulo, their respective present and former officers, directors, shareholders and agents. This indemnity, Waiver of Claims and Hold Harmless Agreement further discharges any and all relatives, family members, successors, assigns and heirs of A+ Racing, Angulo. The undersigned further

releases A+ Racing, Al Angulo from any and all liabilities from all, and all manners of actions, cause and causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, execution, claims and demands whatsoever, in law or in equity, which undersigned ever had, now has, or may have in the future, or of which any personal representative, institution, successor, heir or assign of the undersigned can, shall or may have, against A+ Racing, Al Angulo. The aforementioned indemnification shall not be affected by a claim that negligence either of A+ Racing, Al Angulo or their respective agents, contractors, employees, or licensees contributed in whole or in part to the loss or damages of the undersigned. This Indemnity, Waiver of Claims

and Hold Harmless Agreement shall apply to any matter, cause or thing whatsoever from the beginning of time and until the end of time.

7. As a result of the purposes for which the parties hereto have entered into this

agreement, the provisions hereto are personal to Lessee and Lessor. Therefore,

neither party shall assign his interest in this agreement.

8. In the event that it becomes necessary for the Lessor to enforce any of the provisions of this agreement, the Lessee shall be responsible for the payment of all costs and fees, including legal fees, incurred in the prosecution of said action if the Lessor is the successful litigant.

9. The Lessor has not made and does not make any representation, warranty, or

covenant, express or implied, with respect to the condition, quality, durability, or

suitability of the car, except that the car was in “race worthy” condition prior to the

commencement of the rental period and that the said car will pass the technical inspection prior to the commencement of the event. The Lessor will not be

liable to Lessee for any liability, loss, or damage caused or alleged to be caused

directly or indirectly by the car, by any inadequacy thereof, or defect therein, or by any incident in connection therewith.

10. Lessee shall make no alterations to the car without the express consent of the Lessor during the lease period.

11. This document contains the entire agreement between the parties and any

modification hereof shall be in writing and executed by both parties.

12. Due to the extreme stresses of racing, there is no warranty expressed or implied, on any products or services sold or leased from A+ Racing.

13. This agreement shall be interpreted in accordance with the internal laws of the State of California. Any dispute arising from the use of the car, this contract or services provided will be settled in the County of Nevada, State of California.

14. In the event of a cancellation by the Lessee, a 14 day notice must be given to

A+ Racing. If the vehicle can be rented to another customer, the deposit will be refunded. If not, the deposit shall be retained to cover the cost of preparing the car.

15. In the event of a total loss of the vehicle the customer would have two choices.

A) Pay off for total damages and the vehicle remains property of A+ Racing $10,000.00

B) Pay off for total damages and customer retains the vehicle $14,000.00

IN WITNESS WHEREOF, the parties hereunto execute this agreement this _______ day of________________, 20_____.

Lessor: ___________________________________DATE______

Al Angulo A+ Racing

By signing this agreement, you are stating that you have read and agree to all of the conditions of this rental contract.

Lessee: ___________________________________ DATE______

Contact Information:

Address:

Phone Numbers:

Note:

Any damages i.e. Flat Spotting or damaging a tire will incur a $75.00 minimum charge add to the price of the rental. By initialing this note I have read and understand its content.

INT.______