Sole Risk. Owner acknowledges and agrees that race cars entered in any Race by Owner shall be entered for Owner’s sole account and risk. Neither Owner nor its Driver, mechanics, crew, other employees or shareholders shall make any claim against AlphaTrade for salary or other payment except as specifically provided herein. Owner shall obtain from its Driver and other employees appropriate releases in the form attached hereto as Exhibit E absolving Owner and AlphaTrade and their subsidiaries, affiliates, officers, employees and shareholders of all liability for damages, injury or death suffered by the Driver or other employees as a result of or arising out of racing related activities.
Appears in 1 contract
Sole Risk. Owner acknowledges and agrees that race cars entered in any --------- Race by Owner shall be entered for Owner’s 's sole account and risk. Neither Owner nor its Driver, mechanics, crew, other employees or shareholders shall make any claim against AlphaTrade Prolong for salary or other payment except as specifically provided herein. Owner shall obtain from its Driver and other employees appropriate releases in the form attached hereto as Exhibit E acceptable to Prolong absolving Owner and AlphaTrade Prolong and their subsidiaries, affiliates, officers, employees and shareholders of all liability for damages, injury or death suffered by the Driver or other employees as a result of or arising out of racing related activities.
Appears in 1 contract
Sources: Associate Sponsorship Agreement (Prolong International Corp)
Sole Risk. Owner acknowledges and agrees that race cars entered in any Race --------- by Owner shall be entered for Owner’s 's sole account and risk. Neither Owner nor its Driver, mechanics, crew, other employees or shareholders shall make any claim against AlphaTrade Prolong for salary or other payment except as specifically provided herein. Owner shall obtain from its Driver and other employees appropriate releases in the form attached hereto as Exhibit E acceptable to Prolong absolving Owner and AlphaTrade Prolong and their subsidiaries, affiliates, officers, employees and shareholders of all liability for damages, injury or death suffered by the Driver or other employees as a result of or arising out of racing related activities.
Appears in 1 contract
Sources: Associate Sponsorship Agreement (Prolong International Corp)