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  • Release and Indemnity Agreement

    (Lake Superior Performance Rally)

    In consideration of my participation in the Lake Superior Performance Rally to be held on Oct 17th-18th, 2025, sponsored and managed by Lake Superior Performance Rally (LSPR Inc) whose address is 23080 162ⁿᵈ St NW, Elk River, MN 55330 (Rally"), and the use of land owned by Lyme Great Lakes Timberlands LLC, a Delaware limited liability company and its subsidiaries and affiliates ("Lyme") in connection with the event on that date, and in recognition of the fact that in such participation and the use of such facilities, injuries may occur, I do hereby covenant with Lyme that I will never sue or bring any legal action or proceeding against Lyme, or their respective officers, employees or agents, for or on account of any injury or damage sustained by me, which I have now or may have against Lyme, its officers, employees or agents, of any nature, arising out of the RALLY or the use of the Lyme land, whether arising within the confines of the event or elsewhere or for any claim or demand I have or may have against Lyme, its officers, employees or agents, of any nature arising out of any such injury, and this Release and Indemnity Agreement may be presented as a complete defense to any action or other proceeding which may be brought, instituted or taken by me, or my legal representatives, against Lyme, its officers, employees or agents.

    In compliance with MCL 324.51113 of the Commercial Forest Act, none of the funds raised for this event will be used as payment or compensation for use of any part of the event that traverses property enrolled in the Commercial Forest Program.

    This covenant not to sue is executed by me not in satisfaction of any damages sustained, nor as compensation for injuries, nor in settlement for any claim for damages; but rather is in sole consideration of my participation in the Lake Superior Performance Rally and the use of the Lyme land.

    I further hereby covenant to indemnify and save harmless Lyme, its officers, employees and agents, against any claim for damages, compensation, or otherwise on the part of me, my heirs, executors, or administrators, and to reimburse or make good any loss of damages or costs that the aforesaid indemnities may have to pay if any litigation arises on account of any claims made by me or anyone in my behalf.

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