THRONE CYCLES – WAIVER & RELEASE OF LIABILITY AGREEMENT

THRONE CYCLES / STRIKE CYCLES / SRPNT MOTO

Effective Date: January 2025

This Waiver & Release of Liability Agreement (“Agreement”) is entered into by the undersigned (“Customer”) in favor of:

Throne Cycles
Strike Cycles
SRPNT Moto

and all affiliated companies, owners, officers, employees, distributors, dealers, and agents (collectively, “Company”).

1. Acknowledgment of Inherent Risks

Customer understands that operating electric motorcycles, e-motos, bicycles, and related products (“Products”) involves inherent and significant risks, including but not limited to:

Serious bodily injury or death
Collisions with vehicles, pedestrians, or fixed objects
Loss of control due to speed, terrain, or rider error
Mechanical failure, defects, or component malfunction

Customer knowingly and voluntarily assumes all risks, both known and unknown.

2. Off-Road / Legal Use Disclaimer (U.S.)

Customer acknowledges and agrees:

Many Products sold by Company are NOT street legal and may not be registered for road use in many U.S. states
Products are intended for off-road, closed-course, or private property use only unless explicitly stated otherwise
Company makes no guarantee of legality for use on public roads in any jurisdiction
Customer is solely responsible for complying with all federal, state, and local laws

3. No VIN / Registration Responsibility

Customer understands that:

Certain Products may not include VINs, titles, or registration documents
Company does not guarantee eligibility for DMV registration, insurance, or public-road use
Any attempt to register or modify the Product for road use is done at the Customer’s sole risk

4. Release & Waiver of Liability

To the maximum extent permitted by law, Customer hereby releases, waives, and discharges Company from any and all claims, liabilities, damages, or causes of action arising from:

Use, misuse, or operation of the Product
Injury, disability, death, or property damage
Mechanical failure, defects, or alleged product issues
Assembly, maintenance, transportation, or storage

This includes claims based on negligence to the fullest extent allowed by law.

5. Indemnification

Customer agrees to defend, indemnify, and hold harmless Company from any claims, damages, losses, or legal expenses arising out of:

Customer’s use or operation of the Product
Violation of any laws or regulations
Injuries or damages caused to third parties
Unauthorized modifications or improper maintenance

6. Safe Operation & Rider Responsibility

Customer agrees:

To wear proper safety gear (helmet, eye protection, protective clothing)
Not to operate under the influence of drugs or alcohol
Not to allow untrained, inexperienced, or underage riders to operate without supervision
To operate within safe limits and the intended use

7. Assembly, Maintenance & Warranty Limitations

Customer acknowledges:

Professional assembly is strongly recommended and may be required for warranty validity
Improper assembly or maintenance increases risk of injury
Damage caused by crashes, misuse, or improper handling is not covered under warranty

8. Product Use & Modification

Customer understands that:

Modifying the Product (speed, controller, electrical components, etc.) increases risk
Company is not responsible for damages resulting from modifications or aftermarket parts

9. Binding Agreement / Governing Law

This Agreement is binding upon Customer and their heirs, assigns, and representatives
This Agreement shall be governed by applicable laws within the United States and the state in which the claim arises
If any provision is deemed invalid, the remaining provisions shall remain enforceable

10. Acknowledgment & Acceptance

By purchasing, using, or signing below, Customer confirms that:

They have read and fully understand this Agreement
They voluntarily accept all risks
They agree to be legally bound by its terms