2.  I require LISTING BROKER as the CENTRAL AGENT to advise selected other brokers of this listing and to cooperate with them to assist in my behalf to procure a buyer in accordance with the terms of this Listing Agreement.  Notwithstanding any other terms in this Agreement, it is understood that I may sell the boat to any party who has not previously dealt with ENSIGN International or any of its sub-agents; if so, I will pay a __3%_ fee to ENSIGN International.

3.  I grant LISTING BROKER, his agents and assigns, the right to board and show said vessel and hereby agree to hold same free from liability for any loss whatsoever, including but not limited to any loss by fire, theft, storm, or act of GOD.  It is expressly understood in connection herewith that LISTING BROKER does not assume care, custody or control of said vessel.

4.  I agree to pay LISTING BROKER a commission of _10%_ of the gross selling price (or exchange value) or a minimum of $2500 for boats kept at Cabrillo Isle Marina and $3500 for boats kept elsewhere, in the event of any sale or exchange of the above named vessel during the listing period.  The listing price will be the same as the Owners advertised price and will be adjusted to same as advertised price regardless of any price discrepancies.  In the event the vessel is sold or exchanged within six months after the expiration of the listing period to a previously registered prospective Buyer of the LISTING BROKER, the LISTING BROKER shall receive full commission stated herein.  In consideration thereof, Owner will notify LISTING BROKER of the identity of any Buyer, prior to the sale of said vessel, for a period of six months following the termination of the Listing Agreement.  LISTING BROKER, likewise, will provide Owner with a list of registered prospects whom have shown interest in the vessel.

5.  I certify that I am the Owner of the above vessel and have the right to sell same; that all information given by me is correct; that this Agreement contains all the agreements of the parties; that no representations or warranties have been made to me except as are set forth herein; and that I have read the foregoing and agree to the terms thereof.

6.  Receipt of a copy of this Listing Agreement is hereby acknowledged by , Seller.

EXCLUSIVE CENTRAL AGENCY LISTING AGREEMENT (cont.)

Seller (s) Name:

Seller (s) Address:

Home Phone: Business Phone:

Facsimile: Other Phone:

Location of Vessel:

Location of Vessel Keys:

Seller (s) Signature: Date:

Seller (s) Signature: Date:

Any repairs authorized by Seller: (Initial)

Seller (s) Signature: Date:

Seller (s) Signature: Date:

Listing Agent Signature: