Epstein Index›Documents›EFTA00794022
💨IMPACT LEVEL 1 — MEH

Epstein File EFTA00794022: Perform and Beneficial Owner (DS9)

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This document contains contractual provisions regarding broker obligations and vessel sale terms. It specifies that brokers are obligated only to perform duties expressly stated in the agreement with no implied duties, and addresses vessel use and repair provisions. The document also requires that if a seller is a legal entity, a personal guarantee and indemnification from the beneficial owner(s) must be notarized.

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Excerpt 1
Brokers are obligated to **perform** only the duties expressly set forward herein and no implied duties or obligations may be read into this agreement.
Excerpt 2
After acceptance of the vessel the vessel will not be used save to move it to a place of safety or to **perform** agreed upon repairs. 5.
Excerpt 3
If the seller is a legal entity, a personal guarantee and indemnification from the Seller's **beneficial** **owner**(s) must be notarized guaranteeing Sellers

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