Parlay Services LLC, (hereafter referred to as Manager), agrees to provide the following services to , referred to as Vehicle Owner, beginning on August 30, 2026 under the following fee agreement:

• The earnings will be split according to the following schedule:
  • 70% to Vehicle Owner and 30% to Manager.
• After the earnings are split, all operating expenses incurred by Manager, including but not limited to regular maintenance, repairs, cleaning, and fuel, will be recouped by Manager out of the monthly earnings for the month expenses were incurred.
• Payouts: Payouts to the Vehicle Owner will be made one week after the close of each month via check or electronic direct deposit.
• Insurance Requirement for Vehicle Owner: Vehicle Owner must furnish insurance if they wish to drive the vehicle. If the Vehicle Owner does not provide valid insurance, they will be prohibited from driving the vehicle. While the vehicle is in the fleet, the Manager will take full control and management of the vehicle.
• Registration and Inspection Requirements: Vehicle Owner is required to update and pay for the vehicle’s inspection and registration once a year and ensure the license plates are kept up to date. If these are not maintained, the vehicle will be removed from the fleet, and the Vehicle Owner will not earn any revenue from it.
• Legal and Fee Responsibility: The Vehicle Owner is responsible for any fees or legal costs that arise from the vehicle not being up to date or road-ready (e.g., expired registration, failed inspections).
• In the event that toll, moving, or parking violations are assigned to the vehicle, Vehicle Owner agrees to provide to Manager copies of said citations immediately upon receipt. Manager will pay the fines, fees, and tolls, and will then receive reimbursement through Turo.

1. Marketing. Manager will create a vehicle profile for purposes of marketing the Managed Vehicle (see Appendix A) on Turo. Links to the vehicle profiles will be made available to Vehicle Owner.

2. Scheduling. Manager will manage the occupancy schedule for guests booking the vehicle. Manager will exercise best efforts to maximize the gross revenue of the vehicle while maintaining positive guest experiences and good relations with the community. Manager will determine daily pricing to maximize utilization and profit based on local market conditions. Vehicle Owner will be provided with status updates upon request.

3. Communications. Manager will manage all guest communications in a timely, professional, and friendly manner. This also includes in-person communications, including guest check-ins and checkouts when needed.

4. Cleaning. Manager will provide cleaning services at the end of each guest reservation, if excess cleaning is required a fee will be charged to the guest at the end of their reservation. This will include a thorough cleaning of interior as well as exterior of vehicle as needed.

5. Upkeep and Registration. Manager will provide all necessary regularly scheduled maintenance and upkeep of the vehicle.

Vehicle Owner agrees to maintain up to date vehicle registration and send vehicle stickers and registration to Manager upon renewal. Both parties acknowledge that the vehicle will be “snoozed” in the marketplace if the license tag expires and renewal has not been provided by Vehicle Owner, to prevent sending the vehicle out on a booking with expired registration.

Vehicle Owner agrees to maintain minimum state required (per the state the vehicle is registered in) auto insurance on the vehicle at Vehicle Owner’s expense.

Vehicle Owner agrees to provide Manager notice and documentation of any vehicle recalls received from the manufacturer upon receipt. Manager will coordinate and verify completion of all recall repairs.

6. Transportation of Vehicle from Owner to Manager and Back. Manager will incur the cost of transporting the managed vehicle to market. At the end of the agreement, Vehicle Owner will bear the full responsibility of transporting managed vehicle back to his/her market or otherwise disposing of the vehicle.

7. Acknowledgment of Possible Incidents. Both parties acknowledge that when a vehicle is rented out to a guest, there exists the possibility of unfortunate events including but not limited to:

•       Minor to major damage to the vehicle

•       Total loss of the vehicle as the result of an accident

•       Theft of the vehicle

•       Government seizure of the vehicle as the result of a crime

Turo and Travlers Insurance provide coverage for all of these incidents except government seizure. Vehicle Owner agrees to hold Manager harmless for any amounts exceeding what is paid by Turo/Liberty Mutual in the event one of these events occurs, except in the event that the payment gap can be verified to be the result of negligence on the part of Manager.

In the event that damage to the vehicle occurs while being driven by a Manager representative, and not on a booked trip, the claim will be submitted to Manager’s insurance carrier.

Both parties agree that, unless agreed upon otherwise, any body repair work completed as the result of a covered incident will be performed by Manager’s body shop of choice, DC Auto.

Vehicle Owner agrees to hold harmless Manager for any damage the vehicle incurs while not on a booked trip that would be classified as a “comprehensive” event including but not limited to acts of nature, theft, and vandalism. In such an event Vehicle Owner agrees to submit a claim to their own personal insurance carrier, if they choose to do so.

7a. Repairs and Claim Process

Repairs for damage to the vehicle are the responsibility of the Vehicle Owner. However, if the Vehicle Owner requests that the Manager handle the repair process, the following options and terms apply:

• Pursuit of Guest Liability Only: The Vehicle Owner may direct the Manager to pursue reimbursement from the guest up to the guest’s maximum out-of-pocket liability as defined by Turo. With this amount, the Manager will perform repairs using aftermarket or used parts, at Manager’s discretion, with the goal of restoring the vehicle to a visually comparable condition to when it was received. Any amounts recovered beyond the guest’s maximum liability are the sole property of the Manager.
• Escalation to Turo Insurance: If the Vehicle Owner prefers to escalate the damage to a Turo insurance claim, they must pay the applicable deductible for the selected protection plan. The Manager will then submit the claim and manage the repair process. Repairs will be carried out based on the funds received from Turo plus the Owner’s deductible. If the total cost of repairs exceeds the deductible and Turo’s payout, the Owner must choose to either:
  1. • Use aftermarket or lower-cost parts; or
     • Pay the remaining balance out-of-pocket to complete the repairs with OEM parts or at a shop of their choosing.

7b. Plan Selection and Associated Deductibles

The Vehicle Owner must select one of the Turo protection plans offered through Manager to govern insurance coverage, payout percentages, and deductible responsibilities in the event of an incident. The selected plan determines the amount retained by Manager and the deductible owed by Vehicle Owner for any covered claim.

The Owner’s selection of a protection plan must be communicated in writing and can only be changed at the start of a new calendar month. If no plan is selected, the 75 Plan will be applied by default. Once a trip is booked in advance, this plan cannot be proactively changed and is grandfathered in, this adjustment only applies to unbooked future trips.

Each plan includes up to $750,000 in third-party liability insurance. The 60 Plan offers additional benefits such as exterior wear and tear reimbursement and loss of hosting income during repairs. Higher-tier plans offer increased earnings but come with higher deductibles and fewer additional benefits. For a detailed breakdown of each plan, please refer to Turo’s official support page.

8. Turo Platform Compliance

The Vehicle Owner acknowledges and agrees that all vehicles must meet Turo’s current eligibility standards in order to remain active and rentable on the platform. These requirements include, but are not limited to:

• Age Limits: Vehicles must generally be no more than 12 years old, unless otherwise grandfathered by Turo’s policies.
• Mileage Cap: Vehicles must have less than 130,000 miles at the time of listing and must be removed from the fleet once they exceed this limit unless otherwise approved in writing.
• Title Status: Vehicles must have a clean title with no history of salvage, flood, or reconstructed status. Branded or rebuilt titles are not permitted on the Turo platform under any circumstances.
• Mechanical and Cosmetic Condition: All vehicles must be safe, fully operational, and free of significant cosmetic defects, damage, or wear that may negatively affect the guest experience.

The Manager will monitor these standards and enforce Turo’s guest-related policies, including those related to no smoking, no pets, fuel level return, trip mileage limits, and general cleanliness. If at any point the vehicle falls out of compliance with Turo’s requirements, including mileage thresholds or title discrepancies, the Manager reserves the right to immediately remove the vehicle from the platform until all issues have been remedied.

The Vehicle Owner bears responsibility for ensuring the vehicle remains compliant throughout its time on the platform. Continued non-compliance may result in permanent removal of the vehicle from the fleet.

9. Termination

Vehicle Owner and Manager may terminate this contract with 30 days notice, at which point any outstanding fees will be settled between the two parties and all vehicle access, vehicle marketing materials, and scheduling will be returned to Vehicle Owner.

Appendix A: Vehicles Serviced

The Vehicles/Vehicle at the below addresses will be serviced by Manager as outlined in the Manager Auto Services Contract and are owned by Vehicle Owner.

Vehicle:

Mileage:

VIN: