Updated September 11, 2023

1. PREMISES: Vehicle storage spaces provided by Riot Motorsport LLC (‘Riot’) under the terms of this Agreement at various locations in the discretion of Riot.

1.1 TERM: Rental of individual and/or multiple garage bays shall be month to month with 30 (thirty) day termination, or as provided hereunder.

1.2 POSSESSION: Upon execution of Agreement and deposit of first month’s rent as provided herein below.

1.3 AGREED USE: Parking/Storage of automobiles, karts, tools, supplies and parts that are directly related to the vehicles being stored. Riot assumes no liability or responsibility for Lessee property and work done by third party vendors. Any and all disputes arising as a result of these services shall be settled directly between Lessee and the service provider. All fees/costs of services are the responsibility of Lessee. Lessee shall also maintain a clean space. If in the judgment of management and after 2 written warnings to Lessee, a vehicle or garage space requires immediate repair because of oil/fuel/fluid leaks, or any hazardous condition, management may evict Lessee. Lessee shall be liable for related expenses.

2. INDEMNIFICATION: Lessee agrees to indemnify, defend, and hold harmless Riot and any and all parties Riot has agreed to hold harmless per the terms of any lease agreement between Riot and any third parties (including their agents etc.) (including their officers, directors, principals, assigned, successors, affiliates, agents and employees) from and against all liability, loss, damage, claim or expense (including reasonable attorney's fees and court costs) incurred by Lessee in connection with any claim, demand, or suit for damages, injunction of other relief to the extent it is caused by or as a result from negligence, gross negligence, or intentional misconduct of any of the parties hereto. In the event that a claim arises under this section, the party seeking indemnification agrees to provide the party in which the indemnification is sought with sufficient notice of any claims, to inform the party from which indemnification is sought with any subsequent written communication regarding the claims, and to fully cooperate with the party from which indemnification is sought in defense of the claim. Lessee agrees to seek compensation for any losses arising during this lease ONLY from their insurance they maintain per paragraph 4 below and acknowledge THIS IS THEIR SOLE REMEDY FOR LOSS OR DAMAGE TO THEIR VEHICLE.

3. WARRANTIES: Neither party makes any warranties, either expressed or implied, to the other party except as expressly set forth in this agreement. Without limiting the foregoing, no warranties of fitness for a particular purpose and no warranties arising from trade, customs, or usage has been made by Riot to Lessee. (Lessee) warrants that Lessee is the owner of the vehicle - to be stored at Riot’s premises and has the right to possession of said vehicle.

4. INSURANCE: Lessee agrees to maintain adequate insurance coverage to cover the value of Lessee's vehicles stored or parked at Riot’s property, or accepts full financial responsibility in the case of a vehicle loss. If insurance is obtained, Lessee's insurance policy shall be endorsed with a "Waiver of Subrogation" and/or a "Waiver of Transfer of Right Against Others" endorsement. If insurance is obtained, Lessee shall provide Riot with copies of insurance policies maintained for Lessee's vehicle. Lessee agrees and acknowledges that Lessee's insurance for Lessee's vehicle shall be primary.

5. DESTRUCTION OF PREMISES OR DESTRUCTION OF MASTER LEASE: If the subject premises is destroyed and/or Riot's Master Lease is terminated this Agreement shall terminate 15 days following such destruction or loss of Lease.

6. ASSIGNMENT & SUBLETTING: Lessee shall not voluntary or by operation of law assign, transfer, or sublet any part of Lessee's interest in this lease or in the premises without Riot's prior written consent.

7. DEFAULT BREACH AND REMEDIES: In the event of a default or breach by Lessee of the terms of this Agreement, Lessee hereby acknowledges that Riot shall have a Mechanic's lien against Lessee vehicle until such time as Lessee's cures the default or breach. The lien created herein shall be in addition to any additional remedies Riot may have.

8. WAIVERS: No waiver by Riot of the Default or Breach of any term covenant or condition hereof by Lessee, shall be deemed a waiver of any other term, covenant or condition hereof or of any subsequent Default or Breach by Lessee of the same or of any other term covenant of condition hereof.

9. FIRST AND LAST: Lessee shall deposit with Riot upon execution herein as for Security for Lessee's faithful performance of its obligations under this Agreement in an amount equal to one months lease payment which shall serve as first month and security deposit rental payment.

10. ATTORNEY FEES: Shall either party bring an action to enforce the terms of this Agreement, the prevailing party shall be entitled to attorney fees and costs of suit.

11. WAIVER OF JURY TRIAL: The parties hereby waive their respective rights to trial by jury in any action or proceedings involving the property or arising out of the Agreement.

12. MISCELLANEOUS: Lessee acknowledges that Riot will not maintain 24-hour manned service on premises. Lessee shall contact Riot 2 hours prior to accessing vehicle storage. Riot reserves the right to move and/or operate Lessee's vehicles from time to time as may be necessary. Management shall have unrestricted access to Lessee's vehicles at all times and shall be provided by Lessee with a vehicle master key maintained for exclusive use of Riot. Valid credit card on file shall be maintained by Lessee. A valid Visa or MasterCard shall be maintained on file at all times. Lessee authorizes Riot to charge credit card for all fees and services related to this agreement as they may arise.

I HAVE FULLY READ AND UNDERSTAND COMPLETELY THE TERMS AND CONDITIONS OF THIS AGREEMENT.