PAXVELO LOANER BICYCLE AGREEMENT, RELEASE AND ASSUMPTION OF RISK
IN CONSIDERATION of being loaned a bicycle owned by PaxVelo (the "Club") for a single Club group ride, I, for myself, my personal representatives, assigns, heirs, and next of kin, agree as follows:
1. ONE RIDE ONLY. The bicycle and any equipment loaned with it (the "Bicycle") are loaned free of charge for one Club group ride on the date I sign this agreement. I will return the Bicycle to the ride leader or another Club representative at the end of that ride. I will not keep it overnight, lend it to anyone else, or use it for any other purpose.
2. INSPECTION AND FIT. Before riding, I will inspect the Bicycle, including its brakes, tires, wheels, quick releases or axles, handlebars, seat, and pedals, and make sure it fits me and that I can control it. I ACCEPT THE BICYCLE "AS IS." The Club makes no warranty or promise about its condition, fit, or suitability. If anything seems wrong, before or during the ride, I will stop riding it and tell the ride leader.
3. SAFE OPERATION. I know how to ride and operate a bicycle like this one, including its brakes, gears, and pedals. I will wear a properly fitted bicycle helmet at all times while riding, obey all traffic laws, and ride within my ability.
4. MY OWN SAFETY. I AM SOLELY RESPONSIBLE FOR MY OWN SAFETY WHILE USING THE BICYCLE. I understand that riding a borrowed bicycle involves risks of serious bodily injury, permanent disability, and death, including risks from mechanical failure, wear, improper fit or adjustment, or a defect in the Bicycle or its equipment, whether known or unknown, and I VOLUNTARILY ASSUME ALL SUCH RISKS.
5. RELEASE. I HEREBY RELEASE, DISCHARGE, AND COVENANT NOT TO SUE the Club, its officers, directors, members, ride leaders, volunteers, and the owner of any loaned equipment FROM ALL LIABILITY, CLAIMS, DEMANDS, LOSSES, OR DAMAGES FOR INJURY, DEATH, OR LOSS ARISING FROM MY USE OF THE BICYCLE, INCLUDING ANY CAUSED OR ALLEGED TO BE CAUSED BY THE CONDITION, MAINTENANCE, ADJUSTMENT, OR FAILURE OF THE BICYCLE OR BY THE NEGLIGENCE OF THOSE RELEASED, to the fullest extent permitted by law.
6. This agreement is in addition to, and does not limit, the League of American Bicyclists release below. If any part of it is held to be invalid, the rest shall continue in full force and effect.
LEAGUE OF AMERICAN BYCYLISTS INSURANCE PROGRAM: RELEASE AND WAIVER OF LIABILITY, ASSUMPTION OF RISK, AND INDEMNITY AGREEMENT ("AGREEMENT") FOR LEAGUE OF AMERICAN WHEELMAN D/B/A LEAGUE OF AMERICAN BICYCLISTS ("LAB")
IN CONSIDERATION of being permitted to participate in any way in PAXVELO sponsored Bicycling Activities I, for myself, my personal representatives, assigns, heirs, and next of kin:
1. ACKNOWLEDGE, agree, and represent that I understand the nature of Bicycling Activities and that I am qualified, in good health, and in proper physical condition to participate in such Activity. I further acknowledge that the Activity will be conducted over public roads and facilities open to the public during the Activity and upon which the hazards of traveling are to be expected. I further agree and warrant that if at any time I believe conditions to be unsafe, I will immediately discontinue further participation in the Activity.
2. FULLY UNDERSTAND that: (a) BICYCLING ACTIVITIES INVOLVE RISKS AND DANGERS OF SERIOUS BODILY INJURY, INCLUDING VIRAL INFECTIONS, BACTERIAL INFECTIONS AND OTHER COMMUNICABLE DISEASES AND ILLNESSES, PERMANENT DISABILITY, PARALYSIS, AND DEATH ("RISKS"); (b) these Risks and dangers may be caused by my own actions or inactions, the actions or inactions of others participating in the Activity, the conditions in which the Activity takes place, or THE NEGLIGENCE OF THE "RELEASEES" NAMED BELOW; (c) there may be OTHER RISKS AND SOCIAL AND ECONOMIC LOSSES either not known to me or not readily foreseeable at this time; and I FULLY ACCEPT AND ASSUME ALL SUCH RISKS AND ALL RESPONSIBILITY FOR LOSSES, COSTS, AND DAMAGES I incur as a result of my participation in the Activity.
3. HEREBY RELEASE, DISCHARGE, AND COVENANT NOT TO SUE the Club, the LAB, its respective administrators, directors, agents, officers, members, volunteers, and employees, other participants, any sponsors, advertisers, and, if applicable, owners and lessors of premises on which the Activity takes place, (each considered one of the "RELEASEES" herein) FROM ALL LIABILITY, CLAIMS, DEMANDS, LOSSES, OR DAMAGES ON MY ACCOUNT CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE "RELEASEES" OR OTHERWISE, INCLUDING NEGLIGENT RESCUE OPERATIONS; AND I FURTHER AGREE that if, despite this RELEASE AND WAIVER OF LIABILITY, ASSUMPTION OF RISK, AND INDEMNITY AGREEMENT I, or anyone on my behalf, makes a claim against any of the Releasees, I WILL INDEMNIFY, SAVE, AND HOLD HARMLESS EACH OF THE RELEASEES from any litigation expenses, attorney fees, loss, liability, damage, or cost which any may incur as the result of such claim.
I AM 18 YEARS OF AGE OR OLDER, HAVE READ AND UNDERSTAND THE TERMS OF THIS AGREEMENT, UNDERSTAND THAT I AM GIVING UP SUBSTANTIAL RIGHTS BY SIGNING THIS AGREEMENT, HAVE SIGNED IT VOLUNTARILY AND WITHOUT ANY INDUCEMENT OR ASSURANCE OF ANY NATURE AND INTEND IT TO BE A COMPLETE AND UNCONDITIONAL RELEASE OF ALL LIABILITY TO THE GREATEST EXTENT ALLOWED BY LAW. I AGREE THAT IF ANY PORTION OF THIS AGREEMENT IS HELD TO BE INVALID, THE BALANCE, NOTWITHSTANDING, SHALL CONTINUE IN FULL FORCE AND EFFECT.
Date signed: November 13, 2026.
PaxVelo