<.......... broker's name, address, telephone, etc here ............> SALES AGREEMENT AND OFFER TO PURCHASE DATE _________________ You are hereby authorized to offer the sum of $_______________(gross) for: Name of Vessel: _____________________________ Official / CF#: _______ Buyer(s) ____________________________________________________________ Address: ____________________________________________________________ Phone Home: ____________________ Work: ___________________ This offer is accompanied by a deposit of $ _________________ as an indication of good Faith, the balance to be paid not later than ________ days after endorsement by Buyer. The owner is to pay in full any and all Personal Property taxes and penalties up to and including the year ___________, but such taxes for the year of _________ shall be prorated Between the Owner and Buyer as of the date of sale of the vessel, such proration to be computed from said acceptance date to the first Monday of the following January. Buyer shall pay to the State Board of Equalization the full amount of any State tax which may be due. The Owner is to furnish a clear title to the vessel in accordance with the regulation of the United States Customs, and the Tax Departments of City, County and State. The Owner is to discharge all liens, mortgages and bills of any kind now held against the vessel, or any which may be later incurred before passage of title and possession to Buyer. The Owner or his Agent will demonstrate, if so desired, the performance of the vessel. The soundness of the vessel and its equipment shall be determined, if so desired, at a mutually convenient time, but no more than 14 days after acceptance of offer by Seller before any competent and impartial marine surveyor chosen by the Buyer, the expense of which will be incurred upon Buyer. The vessel is sold to the Buyer and accepted by the Buyer as is and where is after the foregoing provisions have been complied with. No warranty, either specified or implied, and no representations as to the condition of said vessel have been made or are binding upon the Owner, other than those specifically set forth in this Sales Agreement and Offer to Purchase. It is understood that in this transaction <..... broker's name .............> is acting solely as broker for the parties hereto and assumes no responsibility for the title, value or condition of the said vessel and any statements made by said broker are based upon opinion and/or representations of the Seller, and while made in good faith and believed to be true, are not guaranteed. Should this offer of purchase fail to be completed as above outlined, deposit will be refunded, less any expense incurred for Buyer's benefit. It is understood and agreed that broker fees to <..... broker's name .............> shall be paid by the Owner should this offer to purchase be completed as above outlined. Other conditions: __________________________________________________ ____________________________________________________________________ ____________________________________________________________________ Buyer's Signature Date Witness _____________________________________________________ Acceptance by Owner (Signature) Date ENDORSEMENT: the undersigned hereby declares that he has satisfied himself as to survey and performance and accepts the above vessel on these terms. _____________________________________________________ Buyers Signature Date