BAVARIA 50 "ODYSSEAS" sailboat in GREECE

VALIDITY OF THE CONTRACT This charter contract, along with its annexes, constitutes the sole and binding agreement that authorizes the Charterer to operate the Vessel. The shipowner/manager is not bound by any other contract that the charterer signs for the use of the same vessel, regardless of whether it was created by brokers or agencies. The remainder of this charter contract will be fully enforceable even if any particular provision is found to be invalid. Any changes to this agreement must be documented in writing. The charter fee is specifically agreed to include VAT, which is computed at the current tax law rate and is subject to change at any time without prior notice or responsibility on the part of the shipowner/manager. If the applicable tax laws change after this agreement is signed and the VAT amount changes as a result, the difference will be credited or debited to the Charterer as appropriate. The Charterer will consider this agreement canceled if any agreed payment is not received in cleared funds by the due date.   BREACH OF THE CONTRACT Any violations of this charter agreement are the responsibility of the charterer, their visitors, and every crew member. All guests and crew members must be made aware of the terms of the contract by the charterer. The Charterer bears full responsibility for the fulfillment of any third-party agreements, which must be made in the Charterer's name. In the event that the charterer's actions result in the boat being seized, they are required to pay the shipowner/manager the full charter rate for the time the boat was seized.       LOCAL FORMALITIES Booking requires that everyone boarding the yacht comply with local laws and provide specific information that will be shared with the appropriate authorities. Full name (as it appears on a passport or other travel document), gender, date of birth, type and number of the travel document, country of issue and expiration date, and country of residence are among the details that must be supplied. The (Proforma) Charter Party will be given to the charterer to sign after a booking is requested. A separate charter agreement, known as a "Greek Charter Party," must be executed locally and declared with the local Port Authority before the charterer can take possession of the yacht due to Greek legal provisions. Such a locally executed agreement must have the same terms as the Proforma Charter Party and be in both Greek and English. Should there be a disagreement between the Greek Charter Party and the Proforma Charter Party, the terms of the Proforma Charter Party will take precedence over the Greek Charter Party. By requesting confirmation of a reservation in Greece, the charterer and broker(s) acknowledge that the shipowner/manager is acting as their agent and is legally permitted to sign and execute the Greek Charter Party on their behalf in order to expedite the vessel's timely delivery. When the charterer arrives at the charter base, they agree to sign the Greek Charter Party and accept the terms of this clause.   PRICES AND PAYMENTS All prices are quoted in the Euro currency. Prices and terms are subject to modification without prior notification. The extras and items marked are provided by independent providers and are subject to availability. They can be paid by cash or credit card directly by the Charterer at the base prior to embarkation, or in advance via Bank Transfer. In the unlikely event of an administrative error resulting in an incorrect price being published, we reserve the right to rectify it. All payment methods are in Euro. All amounts must be received in full, in cleared funds, devoid of any payment, credit card, banking commissions, or expenses.   CHARTER RATES Charter Expenses (e.g., standard charter pack, fuel and water consumption, berthing and canal fees, provisioning, charterer's expenses and extras) Special arrangements may include airport pickup and transfers, early check-in, advance provisioning, etc.  Other insurance (e.g., traveler's insurance, trip cancellation or curtailment, personal items, skipper's liability)  Crew, such as the skipper or cook.  Water toys, equipment, or services listed as extras. THE SHIPOWNER/MANAGER undertakes to: Deliver the yacht equipped, seaworthy, and prepared for sailing, incorporating all necessary safety equipment and navigation documents in accordance with the applicable legal requirements. Provide advice on suitable sailing areas to guarantee the safety of both the vessel and its crew. If deemed necessary, the Shipowner/Manager may also conduct a nautical skills assessment of the skipper (sea trial). If it becomes evident to the indisputable judgment of the Shipowner/Manager that the Charterer or any crew member lacks the necessary knowledge or nautical skills for the type of boat or the safety of those aboard, the Shipowner/Manager has the authority to prevent the Charterer from departing the Marina or to require them to promptly dock at the nearest port designated by the Shipowner/Manager. In such a case that safety of people and property is at stake, the Charterer will not be refunded. Provide a list of qualified crew members and skippers upon request, emphasizing that the shipowner or manager bears no liability for the performance of any crew members or skippers that the charterer hires. It is clearly stated that the employment relationship between the Skipper and the Charterer has nothing to do with the Shipowner/Manager. There are no extra costs or fees; the shipowner/manager merely helps the charterer locate and hire local freelance crew. The shipowner or manager is not liable for the crew's performance of any services just because they helped the charterer and freelance crew come to an agreement. The shipowner/manager should only be viewed as a middleman between the parties, not as an employer or crew agent. As a result, the shipowner/manager makes no guarantees or representations about the crew's performance and disclaims all responsibility for any mistakes, omissions, or carelessness on the crew's part. In cooperation with the crew, the charterer is in charge of setting up crew provisioning. In the event that financial compensation is decided upon, it must be at least €15 per crew member per day. Any small and/or inevitable changes to the charter should be communicated to the charterer. Monitor (gps) the yacht’s usage and condition remotely for safety reasons.   THE CHARTER is obliged to: Avoid using the boat for any instructional or practice purposes, including sailing lessons, maneuvering, or racing. Do not perform any repairs without permission. At delivery, sign an inventory list attesting to the yacht's seaworthiness and good condition, releasing the shipowner or manager from responsibility for the yacht's state. Verify the skipper's identity and proficiency in handling, mooring, and navigation. The skipper should also co-sign the charter agreement. For the duration of the charter, use the yacht in accordance with the terms, technical requirements, and legal requirements, taking full responsibility for any damages. Under the current regulations, the charterer will be responsible for covering any damage to the boat and/or crew during the entire charter period. The Charterer will ensure all due payments and operational costs (fuel, harbor, fees, etc.) are covered during the charter. For participation in regattas or other nautical events, as well as for any responsibilities or liabilities incurred with third parties regarding the yacht, obtain written consent from the shipowner/manager. Can only act in his own name, not the shipowner's or manager's name, for any possible commitments made to third parties pertaining to the yacht. With no exceptions, the charterer is required to reimburse the shipowner/manager for any damages caused by the crew and passengers of the yacht during the charter period. In the event of an accident, notify the shipowner or manager right away, follow all instructions given, and refrain from sailing again without express permission. Prohibitions against Sub-Chartering and Assignment: Without the shipowner's express written consent, neither the yacht nor any rights under this agreement may be sub-chartered. Exclusive Recreational Use: The yacht is strictly for recreational use. The Charterer acknowledges that carrying goods or passengers for payment, or engaging in any commercial or financial activities, is strictly prohibited.   CHECK-IN It is required that all Charterers check in. Only after the entire charter fee and necessary security deposit have been paid will the yacht be delivered. The yacht was delivered full of fuel and water, cleaned, and disinfected.  On the day the charter begins, all charterers must check in, usually between 17:00 and 20:00. The Charterer must check the yacht and its equipment upon check-in, make sure it is seaworthy, and make sure everything is in working order. The inventory list must then be signed by the charterer. The charterer attests to the yacht's condition and relinquishes the right to file any further claims by signing the inventory list. The charter period includes both check-in and check-out.   CHECK-OUT AND DELIVERY  On the scheduled date, time, and place, the charterer must return the yacht in the same condition as when it was received, with all fittings, accessories, equipment, and paperwork still in place. The yacht will be returned in the same state as when it was delivered, fully fueled and watered. There will be a penalty fee until the yacht is returned if the charterer does not return it as agreed for any reason, including bad weather, or if disembarkation is delayed. Furthermore, in the event that the yacht is left at a location other than the agreed-upon disembarkation port, the charterer is responsible for paying for the cost of moving the vessel to the agreed-upon port, pro rata demurrage for the duration of the transit, and any damages not covered by insurance. All costs associated with using the yacht during the charter period, such as fuel, water, electricity, harbor fees, local taxes, pilotage fees, etc., are the charterer's responsibility. The yacht must be docked at the assigned port by 17:00 on the day before the charter ends, and the charterer is responsible for overseeing the journey. Once the checkout procedure is finished with a signed checkout form, including inventory list verification and diving inspection (if applicable), the charter is formally finished.   BOOKING CONFIRMATION Options are placed upon request, for no more than 3 days unless agreed otherwise. Reservations are only finalized and legally binding when: 1. The Charter Party has been duly signed, and  2. The initial payment has been deposited into the bank account by the dates specified in the reservation contract. The shipowner/manager retains the right to treat any reservation for which documents and/or payments have not been submitted by the deadlines specified in the booking agreement and in accordance with the terms agreed upon as having been canceled by the charterer, without any consequences, liability, or need for prior notice. Every reservation relates to a particular yacht, and any modifications brought about by unforeseen or unavoidable events are subject to confirmation from the shipowner or manager. Ιf it is absolutely necessary due to force majeure ,Shipowner/manager reserves the right to without prior notice make changes by assigning any booking to another yacht, at any time prior to charter start date, on condition that such yacht shall be equivalent or better.   BOOKING TERMS These terms, along with any additional booking requirements specified in the Shipowner/manager offer statement and the charter party terms, which are an essential component of the contract, apply to all reservations. By submitting a booking request, the charterer and broker(s) attest that they have read, comprehended, and accepted all relevant booking and charter terms and conditions. Even if the charterer has not signed the Charter Party at all, by accepting delivery of the yacht, he certifies that he has read, comprehended, and agreed to all of its terms without alteration and accepts full responsibility under them.     OFFER CONDITIONS The equipment and specifications of a yacht may differ from those shown online or in any promotional materials. The details of the actual yacht and equipment are only valid as stated or described in the offer statement that the shipowner or manager provides in response to each charter inquiry. Brochures, catalogs, webpages, information sheets, demonstration models, and other materials are merely indicative and should never be regarded as binding contracts or firm offers. Website images and videos of yachts are not legally binding and are only meant to serve as an indication of the kind and model of the boats being offered. The shipowner/manager does everything in their power to keep its website and B2B booking engines up to date and/or add yacht details and content, as well as a booking calendar. Even with this attention to detail, content might still be inaccurate or lacking. Our websites, B2B booking engines, and offer statements are subject to the possibility of typing errors and/or programming mistakes. A shipowner/manager cannot claim an agreement based on such errors. During the charter period, all persons permitted aboard the vessel by the Charterer shall be considered to be vicarious agents of the Charterer. However, the shipowner/manager will only deal with the Broker and the Charterer, who will be the lead name in all subsequent correspondence, including changes, amendments and cancellations.     DOCUMENTATION Only the documentation (such as offers, forms, contracts, checklists, etc.) issued by the Shipowner/Manager can be considered as official evidence of the conditions of each charter. Please consider guest comments and evaluations on such forms as a testimony on the services provided. The shipowner/manager retains the right to completely disregard any documents, forms, etc. that are not issued by the shipowner/manager.     QUALIFICATIONS Charter clients are not required to have a license for skippered or crewed charters. The charterer must comply with minimum and maximum crew requirements, ensuring safety and legal compliance.  In Greece, it is mandatory that there be at least one certified sailing yacht skipper and one experienced crew member over the age of 18. The licensing requirements for bareboat charters in Greece are summarized to those applicable to offshore, open sea sailing (>12nm) during day and night. Any certification must be in English. The skipper must possess proficiency in managing a yacht in restricted spaces, anchoring, berthing, and mooring under varying conditions, and possess the ability to utilize navigation and pilotage skills to guarantee the safety of the vessel and all passengers and materials at all times. Sailing at night and anchoring must be executed with caution, ensuring the yacht is securely anchored in safe waters. Continuous surveillance is obligatory. If the license is deemed insufficient or if the skipper's skills are judged inadequate by the Shipowner/manager, vessel documents may be withheld. Additional certifications, such as a VHF license, may also be required.  Subject to change without prior notice or responsibility, the minimum requirements for skipper licensing pertain to having at least one of the following:  ICC SAIL (International Certificate of Competence)  IPC (International Proficiency Certificate), America USA-US Sailing “Bareboat Cruising Course”,  ASA “104 Bareboat Cruising Course” or above  NauticEd SLC (International Sailing License & Credentials), International Germany - Sportbootführerschein  Belgium - Algemeen Stuurbrevet/Brevet de conduite general  France – le permis plaisance Other national sailing certificates as well as ASA, The NauticEd SLC, IYT, RYA etc. certifications may be accepted but a sailing experience declaration may be required by the local Port authorities for the skipper or co-skipper.   The Charterer consents to the following: Only navigate to approved areas. Unauthorized entry into prohibited areas is subject to penalties and may result in the loss of insurance coverage. Operate the yacht within their or the designated Skipper's qualifications, adjusting the sail area in accordance with wind strength in order to prevent damage. It is imperative to obtain the authorization of the Shipowner or Manager prior to bringing any sporting equipment aboard, including but not limited to windsurf boards, surfboards, kite surf gear, or canoes, and prior to engaging in water skiing or similar activities, even with the dinghy. Avoid using the boat or any teaching activities or practicing, such as sailing lessons, maneuvering, or participation in racing. It is prohibited to tow or be towed by other vessels, except in emergencies or with the shipowners/managers consent. Animals are only allowed on board with the shipowner's written permission. Use cleaning materials that will not damage the yacht and will not flush materials or objects down the toilet. Use the yacht lawfully, absolving the Shipowner/manager from liability for any illegal activities conducted on board by the Charterer or crew. If improper trim impedes cooling system function, turn off the engine, check oil levels every 10 engine hours, monitor battery voltage to ensure it stays above 12 volts, and check the engine's cooling liquid level daily with a cold engine.  Do not sail if the yacht has essential damage requiring repair for safe navigation, leaves the harbor or anchorage without adequate fuel reserves, or smoke below deck.  Please adhere to all operational protocols stipulated at embarkation, abide by Port Authority directives pertaining to weather and sea conditions, including refraining from sailing in seas exceeding force 5 Beaufort or when hazardous conditions are predicted, and refrain from removing any yacht equipment without the prior approval of the Shipowner. The shipowner/manager reserves the right to require a professional skipper if the Charterer's sailing skills or qualifications are deemed inadequate, in order to ensure safety and compliance with local regulations.   CHARTERER CANCELLATION In any event of cancellation, Shipowner/manager guarantees that in case the yacht is re-let under same conditions (i.e. charter period, price etc.), any payments received will be credited for use on future charter booking. Credit can be used only for future charters embarking no later than October 30th of the following year Cancellation up to 60 days before the charter: Deposit retained, contract can be withdrawn from with no further charges. Cancellation within 8 to 4 weeks before the charter: 60% of the charter fee charged. Cancellation within 4 weeks to the charter date: 80% of the charter fee charged. Cancellation less than 4 weeks to the charter date: 100% of the charter fee charged. No-show cancellation: 100% of all amounts including charter price, mandatory/optional extras and any crew is due. A minimum fee of 500€ applies to all cancellations. Cancellations must be communicated in writing to the designated email and confirmed by the Shipowner with a cancellation number. If the Charterer cannot use the yacht for any part of the charter period for reasons on their part, no refunds are given. For cancellations during peak season (July 1st to August 31st), the Charterer also covers the mooring fees.  If the Charterer chooses to terminate the charter early, no refunds are provided for any unused portion of the charter.     CREW ARRANGEMENT Notification to Shipowner/manager must be written. Cancellation 1 to 6 weeks prior to departure: Amount due/ retained 60% of total price. Cancellation on date of departure: Amount due/ retained 100% of total price.   YACHT DISABLEMENT OR TOTAL LOSS In the rare event of failure to deliver the yacht by reason of force majeure, (including but not limited to yacht disablement, actual or constructive total loss before the charter commencement date), Shipowner/manager can replace the boat with one of equal, higher value or lower quality without Charterer's prior consent . If a lower-quality yacht is provided, a refund for the difference is due. Shipowner/manager in any such case will make best effort to provide substitution vessel, but neither Shipowner/manager, nor Broker are liable to ensure availability of a substitution vessel nor to indemnify the Charterer for consequential damage (as for example for travel and/ or accommodation costs) incurred by Charterer. For the purpose of clarity, it is expressly stated that a yacht charter is a stand-alone sea service; it is neither a travel package nor a linked-travel arrangement. Shipowner/manager is under no contractual obligation or legal liability, to provide the Charterer with a replacement boat or to pay any compensation in the event of disablement/immobilization or total loss of the yacht during the charter, by reason attributed to Charterer. In case there is no boat available all amounts collected shall be due for immediate reimbursement, without interest. Alternatively, the charter may be rescheduled by mutual agreement. It is clearly agreed that lacking a substitution vessel does not constitute breach of terms by Shipowner/manager. In the event of damage, breakdown, or accident, the Charterer must promptly inform the Shipowner/manager and may continue sailing only if it doesn't exacerbate the situation, subject to Shipowner's/manager’s approval. Unauthorized repairs are prohibited. If after the check-in ,the yacht becomes unusable due to machinery breakdown etc. , not caused by the Charterer, Shipowner/manager will provide a credit for future charters for as long as the damage lasted or a pro-rata extension of the current charter. Any payments received will be credited for use on future charter booking. Credit can be used only for future charters embarking no later than October 30th of the following year. Immediate written notice is required for any claims. Notice of disablement cannot be deemed to have been received by Shipowner beyond office hours (09:00 am till 17.00 pm). If a breakdown occurs not due to Charterer's fault and affects critical components like the engine, the transmission, the reversing gear, the standing and running rigging, the sails, rudder blade, the alternators, hindering use for over 12 hours, excluding the first night following the breakdown, the Shipowner will compensate for lost time but not monetary refunds. This is valid only within the recommended sailing area. No time bonus, compensation and/or reimbursement may be granted to the Charterer in case of damages to echo-sounder, boiler, log, fridge, bilge system, dinghy, outboard, anchor windlass, autopilot, batteries and every other equipment not reported above. The Charterer is responsible for repair costs unless proven not at fault, with the possibility of reimbursement under the charter contract terms. The Shipowner may hold the security deposit until liability is determined. Repairs or assistance not chargeable to the Shipowner must be settled by the Charterer at market rates. If due to unforeseen circumstances a safety issue arises, the owner/manager has the right to cancel the charter or recall the yacht. If the problem was not caused by the Charterer, Shipowner/manager will offer a credit towards future charters or a pro rata extension of the current charter.       COMPLAINTS & ASSISTANCE If after delivery of the vessel to the charterer we receive complaints about technical issue, among them the presence of pests the company will take care to help eliminate them, but cannot be held responsible. Any claim for compensation or change of boat will be rejected as the boat was delivered checked and free of the above. We strongly recommend a thorough inspection of the vessel by the charterer prior to departure and full recording of any observations. Any issue that has not been communicated to the company in writing during the cruise in order to give the company the opportunity to assist and the issue leads to a claim for compensation will be rejected. Charter clients requiring assistance whilst away should inform the Shipowner/manager without undue delay, then he will endeavor to put things right. On condition that the Charterer will cooperate in such efforts, Shipowner/manager will strive to provide help for any technical issue but understandably this may not be feasible in remote locations. In any case that the Charterer fails to either respond to communications or to comply with the instructions provided by Base Manager, the Charterer shall forfeit any right to complaint. Shipowner/manager reserves the right to disregard any complaint which pertains to a condition that could be remedied during the charter and for which Charterer and/ or Skipper have failed to comply with the instructions and requirements of Shipowner/manager or base manager necessary to remedy the cause of complaint. Charterer/Skipper do in such case forfeit any right to claim any compensation due to the complaint. In cases of complaints, notice must be given to Shipowner/manager as soon as possible by written communication specifying the precise nature of the complaint and not after the charter period has ended. Any claim or complaint received after charter period, may be disregarded.   SECURITY DEPOSIT Prior to embarkation, the Charterer shall deposit a Security Deposit in the amount specified in the pricelist and confirmed in the offer statement at Charter Base. The security deposit is accepted in cash, credit cards (VISA or MasterCard) or via bank transfer. Charterers are required to provide the boat owner with their bank details in order to receive the refund of the deposit at the conclusion of the charter, subject to the clearance of the security deposit. If the security deposit is paid by card, then the transaction fees will be charged to the customer. The Security Deposit is valid for each insured event (damage or loss) Should an incident covered by the Security Deposit occur during the charter, the Charterer must replenish the Security Deposit to the initial amount in order to continue the charter, with sufficient coverage for any other incident. In any other circumstance, the Shipowner/Manager retains the authority to treat the charter agreement as breached by the Charterer and terminate the charter. The deposit will be refunded to the charterer without interest, if it is not required to be used for any liability, indebtedness, loss, or damage caused by any breach of booking conditions or by any damage or loss caused to the yacht or its contents by the charter clients and skipper. If an amount of liability, indebtedness, damage or loss is required to be used for an amount that is less than the Security Deposit, Charterer shall be refunded, as relevant, part of the Security Deposit as soon as reasonably possible after the damage has been repaired or the repair costs have been In the event of any disagreement over liability, damage, or loss, the shipowner/manager shall retain the relevant. The Security Deposit shall be paid until the dispute has been resolved. The retention of the security deposit will not in any way limit or prejudice any claim beyond the security deposit paid, where the loss or damage was greater than the security deposit and was either caused by or pertains to illegal actions, fraudulent behavior, gross negligence or reckless conduct of the Charterer, or where under any circumstances, the insured under the yacht's insurance policy will not receive full compensation for the loss or damage suffered due to Charterer's actions or omissions. The Charterer shall then remain liable for the balance of any such losses or damages incurred over and above the sum of the security deposit by Charterer.  In the case of a skippered bareboat charter, the payment for the skipper will be included as part of the security deposit. The Charterer must ensure the remainder of the deposit is fully covered. For customer’s protection in such cases, Yacht Damage Waiver option is available.       YACHT INSURANCE All yachts are insured in fulfillment of Port State regulations against all accidental damage including damage to third parties. Insurance does include cover for Yacht Hull, Machinery, and Equipment as well as for Third Party liability. Theft or loss of personal belongings of any persons aboard, likewise all accidents of charter travelers, are excluded from the scope of this insurance. Yacht insurance may not cover an insurable event caused or connected to willful misuse, gross negligence, fraudulent behavior, illegal activity, breach of charter terms (including any indebtedness created by non-payment of repairs or of refueling or of berth dues etc.). The insurance cover includes a deductible provision which applies per insurable event, hance an excess security deposit to be borne by the Charterer. The yacht is insured according to Greek Legislation, covering various risks while ensuring compliance with legal requirements. However, the Charterer is responsible for any damage, loss, or liability caused by their negligence or actions, or those of their guests, which are not covered by the Shipowner's insurance. This includes, but is not limited το damage resulting from: Operating the boat without proper authorization or a qualified Skipper. Use of the boat under the influence of alcohol or drugs. Engaging in prohibited activities like waterskiing, towing parachutes, climbing, or hang gliding. Sailing in areas restricted by the contract. Non-compliance with navigation rules. Use of the yacht outside the agreed charter period or after the designated return time. Breaches of contract obligations due to negligence will result in the Charterer's liability for damages to the yacht or crew and may void insurance coverage. Penalties include but are not limited to redelivery and disembarkation delays, navigation violations, maintenance neglect, condition upon return (leaving garbage onboard, not refilling water or fuel tanks, leaving the yacht in extremely dirty condition etc.), clogged toilets.  The Charterer cannot seek compensation from the Shipowner/manager for any third-party damages caused by their fault. Except for yacht insurance stated above, no other insurance is included. For the purpose of clarity and without limitation, it is expressly stated that the yacht charter does not include Skipper Liability, Travel, Personal Items, Personal Accident, Trip Cancellation or Trip Curtailment insurance. It is strongly recommended that all persons embarking the yacht will have obtained adequate and valid travel insurance and that skipper obtains Skipper’s Liability insurance. Charter travelers can enjoy from third parties integrated protection charter packages enhanced with securing for travel cancellations and travel interruption.         LIABILITY Assuming complete responsibility for their safety and behavior, charterers recognize the inherent risks of yacht chartering. It is the responsibility of the charterer to reveal any conditions that might compromise their capacity to engage in the charter in a safe manner. Liability for any incidents resulting from unreported physical or health limitations is released from the shipowner/manager. In exchange for the services rendered, charterers agree to forgo the right to pursue any claims in excess of the charter fee, with the exception of situations in which the shipowner has engaged in willful misconduct or direct negligence. Any losses, damages, or injuries sustained by charterers or their property as a result of circumstances outside the shipowner's control—such as equipment malfunctions or independent suppliers' actions—are not the responsibility of the shipowner or its affiliates. It is recommended that charterers who engage in activities beyond the charter itinerary handle any claims directly with third-party suppliers, as they do so at their own risk. The shipowner's liability is further limited by applicable international conventions, ensuring that any compensation aligns with these standards. All implied warranties or conditions not explicitly stated in the charter terms are hereby excluded to the fullest extent permitted by law.   MEDIATION / ARBITRATION - APPLICABLE LAW • This contract is governed by Greek Law, with the Greek version taking precedence over translations. Parties aboard the vessel are considered agents of the Charterer, with their signatures binding. Brokers serve solely as mediators. A separate charter agreement, compliant with Greek legal provisions and in the shipowner's country language, must be filed with the local Port Authority before vessel delivery. • Should disputes arise, they're to be resolved through arbitration in Greece, with each party appointing an arbitrator and, if necessary, a deciding umpire. Disputes are to be settled in English, and in case of legal proceedings, Greek jurisdiction and the shipowner's country's law apply.