Albuquerque Interna tional Balloon Fies ta ® S ponsor Handboo k - 22 Re lease and Wa iver of Liability, Assumptio n of Risk and Indemnification Agreement: In consideration o f being permitted t o part icipate in any way in hot air balloo ning activities conducted by __________ _______________ ___________ _____ [ pilot ’ s name] (hereafter c alled “O perator”), I UNDERSTAND and AGREE as follows: 1. My participation may involve being a pas senger in a free - fl oating aircraft cont rolled by wind and wea ther conditions at high altitudes; on - g round activities related t o hot a ir ba l l ooning; riding in a chase o r other vehicle; or being a passenger in a tethered balloon (hereafter collectively refer red to as the “acti vities ”). Participa ting in the activities is potentially hazardous and could res ult in my severe injury or death. Dur i n g my participation in the activities, I will be expose d to numerous risks, including, but not limited to, hard or e mergency landings, capsiz e of basket or other vehicle, collis ion with obstacles on the ground or in the air, injury from natur al or m an - ma d e conditions, accident or il lness in remote places witho ut medical facilities, negligent rescue operations, immersion in water, hypother mia, a crophobic cond itions, incidents rela ted to ascents and descents, injury fro m other balloons or people , pilot erro r , equipment failure, falling from the balloon while in t he air or on the ground, fire or flame, temperature extremes, or inclement weath er con ditions or adv erse weather - related i ncidents, trip - and - fall hazards, animal and insect attacks, traff ic acci dents , loss of or damage to person al property, arrest for tres passing or other violations of the law, and latent risks of a ny nature. I never theles s ACCEPT THESE RISKS and wish to par ticipate in the activities. 2. Although Operator has taken reason able pr ecaut i o ns to provide an air - worthy balloon, equipment and safe ty preparations for each activity, it is impossible for Opera tor to guarantee my safet y. Also, I un derstand that I share the responsibility for safety during th e activities, and I accept this r espon s i bility. I agree to comply with the instructions and di rections of Operator and Operator’s personnel before, during and after the fligh t, whi le participati ng as crew, and at all times during the activities. I have n o physical or psychologica l probl ems t h a t would prohibit me from pa rticipating in a hot air bal loon flight or rough landing. If I perceive anything as dang erous and as a resu lt wis h to terminate my participation in t he activities, I will notify the Operat or immediately. 3. I her eby rel ease a n d waive any and all claims for negligence against Opera tor, and their agents, representatives, sponsors, insurers, s uccessors, and assi gns (t he “releasees” ) for any injury, loss , or damage I may suffer, that may be i n any way related to the a ctiviti es. I covenant not to sue for suc h claims. I intend for this release and waiver to be as broad and inclusive as allowed b y law and if any po rtion of this Agreem ent is held invalid, t he remaining portions shall be in full legal force and effect. 4. I wi ll in d e mnify and hold harmless the releasees from any loss, li ability, damage, or cost they may incur arising out of or rel ated in any manner to my participation in the activities. I HAVE READ THIS AGREEMENT AND AGREE TO B E FULLY BOUND BY ALL OF IT S TERMS AND C O NDITIONS.

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