Host protections
If the relationship doesn’t work
A 25-year agreement is only signable if you know how it ends badly. So we wrote the bad ending first. Every failure gets a written cure window before anyone can terminate. After year five you can leave for any reason at all. And whatever happens, the electrical upgrade that serves your slips stays yours.
- You always have a door: a for-convenience exit after year five, once, on 12 months' notice.
- Nobody terminates without a written cure window first — that runs against us and against you.
- If we fail and don't fix it, you pay nothing and you keep the shore-power upgrade.
- An early exit costs the unamortised capital and nothing else. No lost-profit claim, ever.
- Removing the block never takes slip power away — the pedestals and the service upgrade stay yours.
- Sell the marina and the agreement goes with it as an asset. Refuse assignment and you exit at closing.
- Insolvency is not a default. We file as an ordinary creditor and never chase owners personally.
Right to cure
Nobody gets terminated without a chance to fix it
This ladder runs in both directions and it is mandatory. A complaint that was never put in writing is never a default, and no one reaches the termination step without first sitting through mediation.
Step 1
Written notice of the problem
Any time · Both
Either side puts the complaint in writing to the named contact on the agreement: what is wrong, when it started, and what a fix looks like. Nothing escalates until this exists. A complaint never raised is never a default.
Step 2
Acknowledge and plan
5 business days · GridLynQ
We acknowledge in writing, name the person who owns the fix, and file a cure plan with dates. For anything that affects dock safety or shore power to slips, the acknowledgement window is 24 hours and a technician is dispatched.
Step 3
Cure period
30 days — 10 days for a service interruption · GridLynQ
We fix it. If the fix genuinely takes longer than the window — a utility-side upgrade, a part on allocation — the window extends only while we are demonstrably and continuously working the plan, and never past 90 days.
Step 4
Escalation and mediation
30 days · Both
Unfixed at the end of the cure period, the matter goes to the principals on both sides, then to a single agreed mediator. Cost is split. This is a required step before either side can terminate for cause.
Step 5
Termination for cause
Notice effective in 90 days · Both
Mediation fails, the aggrieved side may terminate for cause on 90 days' notice. The 90 days is what keeps the dock energised while the handover happens — it is not a penalty window.
Every way out
Six endings, all of them written down
What if you simply don't perform?
What triggers it
Availability, safety or service obligations missed and not cured through the ladder above; or a payment default by GridLynQ.
What it costs the marina
Nothing. No termination fee, no buyout, no unamortised capital claim. We caused it, we carry it.
What happens to the equipment
We remove the block and restore the pad at our cost. The bidirectional shore-power upgrade, pedestals, feeders and metering stay with the marina, free and clear, with as-builts and warranties assigned.
Worth knowing
The marina also keeps any revenue share already accrued, and we pay the documented direct cost of any service interruption we caused.
What if we're just dissatisfied and want out?
What triggers it
Available after the fifth anniversary of commercial operation, on 12 months' written notice, once per agreement.
What it costs the marina
An early-exit payment equal to the unamortised portion of the capital we sank into that site, on the declining schedule below — nothing more. No lost-profit claim, no multiple of revenue, no liquidated-damages multiplier.
What happens to the equipment
Marina's choice: we remove the block at our cost and leave the shore-power upgrade in place, or the marina buys the block at the same unamortised figure and takes over operations.
Worth knowing
The five-year wait and the 12-month notice exist so the block can be re-sited or re-contracted rather than stranded. This is the clause that makes the agreement signable: the marina always has a door.
What if we're the problem?
What triggers it
Marina denies contracted access, blocks maintenance, interferes with the equipment, or fails to pay amounts it owes — after the same cure ladder, run against the marina.
What it costs the marina
The same unamortised-capital figure as the convenience route, plus our documented removal cost. Still no lost-profit claim.
What happens to the equipment
We remove the block and restore the pad. The shore-power upgrade stays.
Worth knowing
We deliberately cap our own remedy at capital recovery. We do not want a contract whose upside is suing a marina.
What if the marina is sold?
What triggers it
Any transfer of the property or of control of the operating entity.
What it costs the marina
Nothing, if the agreement is assigned to the buyer. The agreement is recorded as a memorandum against the property and runs with the land, so it survives the sale by default.
What happens to the equipment
Stays exactly where it is, operating, under the same terms. The buyer inherits the revenue share too — it is an asset in the sale, not a liability.
Worth knowing
If the buyer refuses to take assignment, the seller may exit through the convenience route at closing on the same unamortised schedule, with the notice period waived. A seller is never trapped in a deal they cannot close.
What if the marina closes or goes under?
What triggers it
The marina ceases operations, redevelops the site, or enters insolvency.
What it costs the marina
Closure or redevelopment by choice is treated as a convenience exit: the unamortised schedule, notice waived. Genuine insolvency is not a default — we file as an ordinary creditor for the unamortised amount and nothing more, and we do not pursue owners personally.
What happens to the equipment
We remove the block at our cost within 180 days. Because the block sits on its own pad on a recorded easement, our removal right survives insolvency and does not require the estate to act.
Worth knowing
Our lender's step-in rights are limited to operating the block. They can never operate, encumber or foreclose on the marina's business.
What if a storm takes the dock out?
What triggers it
Storm, fire, flood or other casualty making the site unusable.
What it costs the marina
Nothing. Obligations on both sides suspend. If the site cannot be restored within 18 months, either side terminates with no payment in either direction.
What happens to the equipment
We insure the block and carry its loss. The marina's property insurance is never asked to cover our equipment.
Worth knowing
Insurance certificates naming each side are exchanged annually.
Early exit payment
Capital recovery, not a penalty
An early exit repays the part of our sunk capital that has not yet earned itself back — nothing else. There is no termination fee, no multiple of revenue and no lost-profit claim. The figure shrinks every year you host, and reaches zero at the end of the initial term. The capital base it applies to is shown to you in the assessment, in writing, before you sign.
| Operating year | Share of sunk capital owed | Note |
|---|---|---|
| Years 1–5 | 100% | Convenience exit not yet available; applies only to a GridLynQ-cause or closure exit. |
| Year 6 | 80% | First year the convenience door opens. |
| Year 10 | 55% | — |
| Year 15 | 30% | — |
| Year 20 | 10% | — |
| Year 25 onward | 0% | Capital fully recovered. The marina may exit at renewal for nothing. |
Straight-line between the years shown. Payable over 24 months, interest free, or netted against revenue share already owed to the marina.
Removal
Taking the block out does not take your power out
The battery is a source behind your service, not the service itself. When it leaves, the dock stays energised through the same upgraded pedestals and feeders — utility-direct instead of battery-backed. Removal is scheduled off-season and outside your event weekends by agreement.
De-energise and isolate
1 day
Slip impact: None
The block is taken off dispatch and isolated at the switchgear. Slips continue to draw from the utility service through the same upgraded pedestals.
Disconnect and make safe
2–3 days
Slip impact: None
Our conductors are pulled back to the transfer point and the service is re-terminated utility-direct. Inspected before anyone leaves site.
Container lift-out
1 day per container
Slip impact: Crane lane and the pad area only
Scheduled off-season and outside event weekends by agreement. Containers leave on a lowboy the same day they are lifted.
Pad and site restoration
1–2 weeks
Slip impact: Pad area only
Bollards, fencing and conduit removed, surface restored to the pre-installation condition documented in the site-walk photo record, or left as parking if the marina prefers.
What stays with the marina, free and clear
- Upgraded service entrance, switchgear and feeders — sized well above what the marina had before
- All bidirectional shore-power pedestals and slip wiring, transferred free and clear
- Revenue-grade metering and the slip billing integration
- As-built drawings, permits, inspection records and assignable manufacturer warranties
- Any interconnection capacity secured with the utility in the marina's name
What we take with us
- Battery containers, inverters and the block's own switchgear
- The block's control, comms and fire-detection equipment
- Bollards, fencing and signage specific to the block enclosure
Damages and disputes
Named, capped and symmetrical
Every limit below applies to us exactly as it applies to you. We are not interested in a contract whose upside is suing a marina.
Service interruption we caused
If our equipment or our work takes slip power down, we pay the marina's documented direct loss — refunded dockage, generator hire, lost transient nights — plus a per-day service credit against the revenue share. No proof of fault required beyond the outage record.
No consequential damages, either direction
Neither side may claim lost profits, lost business opportunity, reputational harm or punitive damages. Both sides give this up. It is the clause that keeps a bad month from becoming a lawsuit.
Aggregate cap
Each side's total liability in any 12-month period is capped at the revenue share paid over the preceding 12 months, except for the unamortised-capital figure, physical damage to property, injury, and breach of confidentiality — which sit outside the cap for both of us.
Insurance first
Property and liability insurance responds before either side looks to the other. We carry general liability and marine operations cover and name the marina as an additional insured for the life of the agreement.
Dispute forum
Mediation, then binding arbitration under the rules of a single agreed administrator, seated in the marina's state, one arbitrator, each side bearing its own fees. No jury, no venue tourism, no out-of-state defence bill for a family marina.
Survival
Confidentiality, the damages cap, removal obligations and the memorandum release survive termination. Everything else ends with the agreement.
Want these terms against your own site?
The assessment puts real numbers behind the capital base, the revenue share and the exit schedule for your marina specifically, under confidentiality, before anything is signed.
This page summarises the intent of the host agreement in plain language. It is not legal advice and the executed agreement governs. We expect and encourage you to have your own counsel review it.