ALQUILER DE KAYAKS & EQUIPO

This Release of Liability covers all activities indirectly or directly associated with the use of WHITEWATER KAYAK
ECUADOR CIA. LTDA. equipment, facilities, services, and activities organized by, sponsored by, or directed by WHITEWATER
KAYAK ECUADOR CIA. LTDA. (“WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities”).

The undersigned understands and acknowledges that the WHITEWATER KAYAK ECUADOR CIA. LTDA.
Activities involve risks such as, but not limited to, the following: (i) changing water flow, conditions or current; (ii) collision with other participants, any portion of the interior of the craft, other water craft, manmade or natural objects, including overhanging,
submerged and/or semisubmerged trees, branches, rocks and boulders; (iii) cold weather and heat related injuries and illnesses
including hyperthermia, frostbite, heat exhaustion, sun stroke, and dehydration; (iv) inclement weather, variances and extremes of
wind, weather and temperature, the presence of insects and animals; (v) sense of balance, physical coordination, ability to swim,
and/or ability to follow directions; (vi) loss of control of the craft, collision, capsizing, and sinking of the craft which can result in
wetness, injury, exposure to the elements, hypothermia and drowning; (vii) getting in and out of the craft; (viii) travel, including
hiking, portaging and travel to and from the related and unrelated activities; (ix) the presence of wild animals, including aquatic life
forms, (x) unavailability of emergency aid services and emergency medical care. The undersigned acknowledges that
WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities, as well as other foreseeable or unforeseeable factors or circumstances,
may result in a RISK OF PROPERTY DAMAGE, BODILY INJURY, AND POSSIBLY DEATH. ASSUMPTION OF RISK. By executing this Release of Liability, the undersigned expressly assumes all risk that arise from the participation in WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities, the acts of others, the unavailability of emergency care, and any other foreseeable or
unforeseeable factors or circumstances related to the WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities. The undersigned
assumes all risk of injury, wrongful death or property damage related to the WHITEWATER KAYAK ECUADOR CIA. LTDA.
Activities.

The undersigned acknowledges that he or she has read and
understood all of the rules, policies and procedures relating to WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities and
understands that the safe and proper use of the facilities, equipment and participation in WHITEWATER KAYAK ECUADOR CIA.
LTDA. Activities is dependent upon carefully following such rules, policies and procedures. The undersigned acknowledges he/she
has carefully examined the craft and finds it suitable for the purpose for which it is leased, and that other accessory equipment is in
suitable and acceptable condition; that he/she will maintain both craft and equipment in a safe, dependable condition while in
his/her custody. The undersigned understands that kayaking, canoeing and rafting should only be undertaken after proper
instruction and training and that WHITEWATER KAYAK ECUADOR CIA. LTDA. is not providing such training in connection with
the rental of equipment. The undersigned assumes full responsibility for deciding where, when and with whom to paddle. The
undersigned acknowledges and agrees that the rental equipment provided by WHITEWATER KAYAK ECUADOR CIA. LTDA. is
for the sole and exclusive use of the undersigned and may not be used by any other person. The undersigned accepts that early
returns will not result in a refund.

The undersigned represents that he or she has the requisite skills, physical abilities and mental abilities necessary for proper and safe use of the WHITEWATER KAYAK ECUADOR CIA. LTDA. equipment, facilities and services and to participate in the WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities. The undersigned agrees that if he or she has any questions as to what skills, qualifications or training are necessary to properly use the equipment or facilities, or to participate in the WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities, then they shall direct such questions to the appropriate staff member on site.

The undersigned hereby releases, discharges, waives, disclaims and relinquishes all claims, actions or causes of
action against WHITEWATER KAYAK ECUADOR CIA. LTDA. and its owners, shareholders, officers, agents, employees, guides,
subsidiaries, affiliated companies and associates and agrees not to sue them on account of or in conjunction with any claims,
causes of action, injuries, damage, cost of expenses arising out of WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities,
including those based on death, bodily injury or property damage whether or not caused by participation in WHITEWATER KAYAK
ECUADOR CIA. LTDA. Activities or the negligence of WHITEWATER KAYAK ECUADOR CIA. LTDA. ; provided, however, the
foregoing release shall not apply to claims solely based on the gross negligence or willful misconduct of WHITEWATER KAYAK
ECUADOR CIA. LTDA.

The undersigned waives the protection afforded by any statute or law in any jurisdiction of Ecuador including Napo
province whose purpose, substance, and/or effect is to provide that a general release shall not extend to claims, material or
otherwise which the person giving the release does not know of or suspect at the time of executing the release. This means, in part,
that the undersigned is releasing unknown future claims.

The undersigned agrees to indemnify and defend WHITEWATER KAYAK ECUADOR CIA. LTDA. , and its officers,
employees and agents (each, an “Indemnitee”) and hold them harmless from any or all claims, causes of action, damage
judgments, costs or expenses, including attorney fees which in any way arise from the undersigned participation in the
WHITEWATER KAYAK ECUADOR CIA. LTDA. Activities which include but are not limited to damages to or destruction of any
property of an Indemnitee, of any others, injury or death of the undersigned or anyone else or any liability arising from the act or
negligent act of an Indemnitee, the undersigned or anyone else; provided, however, the foregoing indemnity shall not apply to
claims related solely to the gross negligence or willful misconduct of WHITEWATER KAYAK ECUADOR CIA. LTDA.

The undersigned agrees to pay for any or all damages and loss to any property of Indemnitee caused by
the undersigned either negligently, willfully, or otherwise.

The undersigned, as a participant in the subject activity, hereby consents to medical
treatment in a medical emergency where the undersigned is unable to consent to such treatment.

The undersigned understands that the WHITEWATER KAYAK ECUADOR CIA. LTDA. does not carry participant
insurance. The undersigned acknowledges that they either have appropriate insurance or, in its absence, agree to pay all cost of
rescue and/or medical services as may be incurred on their behalf.