TERMS of AGREEMENT

The undersigned hereby agrees to the following terms and conditions:

1. TERM The initial term is from the effective date of this Agreement to the date specified on your invoice/receipt. The effective date is the day of the month in which the Agreement is signed and/or payment is made. Thereafter the Agreement can be renewed annually, bi-annually or monthly, as per the rental term, upon the timely payment of the renewal rent which must be paid in full upon notice of renewal, subject to conditions herein.

2. RENT. The rent is due in advance either annually, bi-annually or monthly, depending on the initial registration and the rental amount shall be as per the selection made on the Application Form. The rental fees are set by Nalu Storage Systems LLC. Nalu Storage may change the rental fees by providing written notice of such change to Lessee no less than sixty (60) days prior to the end of their current rental period.

3. REFUNDS. There shall be no refunds credited for any unused period of the Locker Rental Term.

4. LOCK & KEYS. Lessee will furnish and be responsible for the lock and keys to their assigned storage locker. Locks are also available for purchase from Nalu Storage Systems for your convenience. Please email or call Nalu Storage for details.

5. USE. Lockers are to be used SOLELY for the storage of surfboards or SUP boards belonging to Lessee. No other equipment or personal items, whatsoever, may be stored in the storage lockers. Lessee is not permitted in any way to rent surfboards or solicit rental or surf school business on the surfboard locker premises. Nalu Storage shall have the right to remove, without notice to Lessee or liability to Nalu Storage, any non-surfboard item that is not authorized to be stored in, at or on the locker.

6. ITEMS STORED. All boards stored in the storage locker must be clean and in functioning condition. Nothing shall be stored that would violate City & County, State or Federal legal statutes or any other bylaws or regulations of governmental authorities.

7. ACCESS. Nalu Storage Systems shall have the right to access the locker in case of emergency or for routine operation or maintenance of the racks. In the case of routine operation or maintenance of the racks, written notice shall be provided to Lessee where practical. In the unlikely event that Nalu Storage Systems must remove Lessee’s lock for routine access, Nalu Storage will replace said lock with another lock at no cost to Lessee.

8. MODIFICATION. Storage lockers may not be modified, altered, or changed in any way.

9. DAMAGE. Lessee is liable for any damage to Lessee’s assigned storage locker or any other locker or other property of Nalu Storage or other clients’ property as a result of Lessee’s negligence or misuse. It is furthermore understood that Lessee is solely liable for any damage to its personal property (surfboard, standup paddle board, board cover, fins, leash, etc) and the use of the lockers are at Lessee’s sole risk.

10. ASSIGNMENT & SUBLEASE. The storage lockers may neither be assigned nor sublet.

11. TERMINATION. This Agreement will automatically terminate and the locker returned to the control of Nalu Storage Systems if:

a. The rent remains unpaid for 30 days after rent becomes due; or,

b. Lessee fails to comply with any of the provisions of this Agreement within 15 days after Nalu Storage Systems has given Lessee written notice to comply with any of the aforesaid provisions. Nalu Storage Systems shall give Lessee notice of its intention to terminate this Agreement for non-compliance of any of the aforesaid provisions by sending a certified letter to Lessee’s last known address. The 15 days will commence upon the date of the mailing of the letter. Compliance includes payment of Nalu Storage Systems’ fees and expenses incurred in enforcement of the aforesaid provisions.

12. REMOVAL OF CONTENTS. Upon the termination of this Agreement due to non-payment, Nalu Storage Systems may have the surfboard locker’s contents removed from the locker to a storage area of Nalu Storage Systems’ choosing without notice. Thereafter, said contents may be disposed of by Nalu Storage Systems with the cost of disposal to be borne by the Lessee, provided that Nalu Storage Systems has given Lessee notice of its intention to do so by sending a certified letter to Lessee’s last known address, giving the Lessee 30 days within which to retrieve its belongings. The 30 days will commence upon the date of mailing of the letter. Lessee may retrieve its belongings within 30 days provided Lessee pays to Nalu Storage Systems all due fees and costs, including appropriate storage charges.

13. HOLD HARMLESS. Lessee acknowledges that it has been advised that the storage of any surfboard in the Nalu Storage Systems’ surfboard lockers is solely at their own risk. Lessee hereby expressly assumes full responsibility for any and all damage to any personal items, or the loss of any personal item stored in Lessee’s assigned locker, and agrees and covenants and holds Nalu Storage Systems LLC, its employees and its Board of Directors harmless from any claims arising from said damage or loss.

RACK SECTION E

UNAVAILABLE

E1

E2

E3

E4

E5

E6

E7

E8

E9

E10

E11

E12

E13

E14

E15

E16

E17

E18

E19

E20

E21

E22

E23

E24

E25

E26

E27

E28

E29

E30

E31

E32

E33

E34

E35

E36

E37

E38

RACK SECTION D

UNAVAILABLE

D1

D2

D3

D4

D5

D6

D7

D8

D9

D10

D11

D12

D13

D14

D15

D16

D17

D18

D19

D20

D21

D22

D23

D24

D25

D26

D27

D28

D29

D30

D31

D32

D33

D34

D35

D36

D37

D38

D39

D40

D41

D42

D43

D44

D45

D46

D47

D48

D49

D50

D51

D52

D53

D54

RACK SECTION C

UNAVAILABLE

C0

C1

C2

C3

C4

C5

C6

C7

C8

C9

C10

C11

C12

C13

C14

C15

C16

C17

C18

C19

C20

C21

C22

C23

C24

C25

C26

C27

C28

C29

C30

C31

C32

C33

C34

C35

C36

C37

C38

C39

C40

C41

C42

C43

C44

C45

C46

C47

C48

C49

C50

C51

C52

C53

C54

C55

C56

C57

C58

C59

C60

C61

C62

C63

C64

C65

C66

C67

C68

C69

C70

C71

C72

C73

C74

C75

RACK SECTION B

UNAVAILABLE

B1

B2

B3

B4

B5

B6

B7

B8

B9

B10

B11

B12

B13

B14

B15

B16

B17

B18

B19

B20

B21

B22

B23

B24

B25

B26

B27

B28

B29

B30

B31

B32

B33

B34

B35

B36

B37

B38

B39

B40

B41

B42

B43

B44

B45

B46

B47

B48

B49

B50

B51

B52

B53

B54

B55

B56

B57

B58

B59

B60

B61

B62

B63

B64

B65

B66

B67

B68

B69

B70

B71

B72

B73

B74

B75

B76

B77

B78

B79

B80

B81

B82

B83

B84

B85

B86

B87

B88

B89

B90

B91

B92

B93

B94

B95

B96

B97

B98

B99

RACK SECTION A

UNAVAILABLE

A1

A2

A3

A4

A5

A6

A7

A8

A9

A10

A11

A12

A13

A14

A15

A16

A17

A18

A19

A20

A21

A22

A23

A24

A25

A26

A27

A28

A29

A30

A31

A32

A33