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RENTAL POLICY/AGREEMENT

ISLAND CAR RENTAL LTD, hereinafter called the "Lessor", hereby rents, to the person whose signature appears on page 1 of Agreement, hereinafter called the "Renter", the vehicle there described on the following terms and conditions:

1. Renter will return the vehicle, together with all tires, tools, accessories and equipment to Island Car Rental Ltd's station or
as otherwise specified on page 1, and on the date specified on page 1, or sooner upon demand by Lessor.

2. The vehicle will not be operated:

3. Renter expressly acknowledges personal liability and shall pay to Lessor on demand:

(a)time, collision damage waiver an miscellaneous charges at the rates specified on page 1 hereof and all damages suffered by Lessor due to any breach of this Agreement;

(b)all parking charges and all fines, charges, costs for parking, traffic or other legal violations where caused through the fault of the Renter;

(c)Lessor's costs; including reasonable attorney's fees, incurred in collecting payments due from Renter under this
Agreement;

(d)Lessor's costs to repair collision or upset damages to the vehicle, whether or not due to Renter's fault, except in any case where the vehicle is operated in accordance with all the terms and conditions of this Agreement and the Renter has accepted and paid the charge specified for collision damage waiver set out on page 1, in which case the Renter's
liability shall be limited to US 850.00 and all the liability in excess of US$85O.OO shall be waived;

(e) all costs incurred by Lessor will bear interest at 1% per month as of the date of Renter's default.

(a) taxes imposed by law upon rental transactions; or

(b) reimbursement to Lessor of additional costs paid by Lessor under law in respect of the lease of the vehicle.

5. Renter hereby indemnifies releases and holds harmless the Lessor and its employees of any liability for loss or damage to any property left, stored or transported by Renter or any other person in or upon the vehicle before, during or after the term of this agreement or after the return of the vehicle to Lessor. Renter shall furthermore defend and indemnify Lessor against all claims based upon or arising out of such loss or damage.

6. Any waiver or modifications of any of Lessor's rights under this agreement shall be null and void unless evidenced by a document signed by any of the corporate directors of Lessor.

7. In the event Renter directs Lessor to bill charges hereunder to any other person or organization, such person or organization shall be jointly and severally liable for payment of all such charges.

8. Notwithstanding any of the provisions of this contract, the Renter shall be fully responsible for any and all damages to the vehicle caused by driving over the legal speed limits; leaving the key in the unattended vehicle or leaving the vehicle unlocked, or driving while under the influence of alcohol or drugs, or caused by any other irresponsible action by the Renter or other authorized operators. The Renter shall prove that the vehicle has been operated in accordance with the provisions of this Agreement.

9.Lessor reserves the right to repossess the vehicles at all times if the terms and conditions of this Agreement are not adhered to by Renter and/or any authorized operator. In. such event a repossession charge equivalent to one day's rental shall be payable by Renter to Lessor.

10. Renter is obliged to report any and all occurrences pertinent to the vehicle, such as accidents, damage, theft, etc.. within two hours thereafter to both the Police Department and Lessor.