Free Non Refundable Deposit Agreement

This Non Refundable Deposit Agreement ("Agreement") is made effective as of April 15, 2050, between [Your Name], a [Your Company Name] organized and existing under the laws of [Jurisdiction], with its principal place of business located at [Your Company Address] ("Provider"), and [Client's Name], a [Legal Entity Type or Individual] organized and existing under the laws of [Jurisdiction], with its principal place of residence/address located at [Client's Address] ("Client"). Hereinafter collectively referred to as the "Parties."

1. Background

Provider is in the business of organizing luxurious yacht cruises along the coast. The client desires to secure the services provided by the Provider for hosting a glamorous celebrity party aboard the yacht.

2. Deposit

Client agrees to pay a non-refundable deposit ("Deposit") to Provider for Five Hundred Dollars ($500) upon the execution of this Agreement. The Deposit shall be applied towards the total cost of services/venue rental agreed upon between the Parties.

3. Booking Confirmation

Once the Provider has received the Deposit successfully, they will proceed to the next step which involves confirming the booking of the services or venue, depending on which is applicable in the current scenario. This confirmation process will not be arbitrary but will adhere to the specified date and time that both parties have previously agreed upon. This agreement and its specifics, including the agreed date and time, have been clearly outlined within the contents of this Agreement to avoid any misunderstanding or miscommunication.

4. Cancellation

The client acknowledges and consents to the understanding that under no circumstances, no matter what they may be, will the Deposit ever be refunded. This stands true even if the circumstances include events such as the client deciding to cancel, if there happen to be any alterations made to the details of the event, or in case of an occurrence of force majeure events. This policy also accommodates any unexpected circumstances that may arise, regardless of what they may be. The deposit specifically implies that it cannot and will not be returned under any condition.

5. Payment Terms

The Client shall be obligated to pay the remaining balance of the overall cost assigned for the services or the rental of the venue to the Provider. This payment should ideally take place no later than 30 days before the scheduled event. However, there could be exceptions to this arrangement if a different agreement has been mutually consented to, in writing, by both parties involved, namely the Client and the Provider.

6. Event Details

The event is scheduled to occur on the 15th day of April in the year 2050, and the venue is the Luxury Yacht, known as Ocean Serenity. The client, as part of their responsibilities for the said event, agrees to offer extensive cooperation to the service provider and share complete and all necessary pieces of information. This collaborative effort between the client and the service provider is geared towards the sole aim of ensuring that the event is carried out successfully without any compromises or impediments.

7. Indemnification

The client hereby agrees to take responsibility for, indemnify, and hold the Provider free from harm or any responsibility for any claims, damages, liabilities, costs, and other expenses that may arise or be associated with any breach of this Agreement made by the client. This also covers any instances wherein the client has demonstrated negligence or willful misconduct, which further suggests that the client will take full responsibility to safeguard the Provider from any negative consequences.

8. Governing Law

This Agreement shall be governed by and construed by the laws of [Jurisdiction]. Any disputes arising out of or in connection with this Agreement shall be resolved exclusively through arbitration in [Arbitration Location] by the rules of [Arbitration Organization].

9. Entire Agreement

This Agreement constitutes the entire understanding and agreement between the Parties concerning the subject matter hereof and supersedes all prior negotiations, understandings, and agreements, whether written or oral, relating to such subject matter.

10. Execution

This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute the same instrument. This Agreement may be executed and delivered electronically.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

[Your Name]

[Client's Name]

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