Confidential Draft 1 TABLE OF CONTENTS. 2 INTRODUCTION. 15 3 AGREEMENT. 15 4 CONTENT. 15 5 SURVIVAL OF THE PROTOCOL. 15 6 PURPOSES OF THE PROTOCOL. 15 7 1 EVENT. 17 8 1.1 AMERICA’S CUP. 17 9 1.2 AMERICA’S CUP SANCTIONED EVENT. 17 10 1.3 AMERICA’S CUP SEASON CHAMPIONSHIP. 17 11 1.3.1 FLEET RACING. 17 12 1.3.2 MATCH RACING. 17 13 1.3.3 QUARTER FINALS (MATCH RACING): 19 14 1.3.4 SEMI FINALS (MATCH RACING): 19 15 1.3.5 AMERICA’S SEASON CHAMPIONSHIP FINALS (MATCH RACING): 20 16 1.4 AMERICA’S CUP CHALLENGER SELECTION SERIES. 20 17 1.4.1 ROUND ROBINS OF THE CHALLENGER SELECTION SERIES. 20 18 1.4.2 QUARTER FINALS OF THE CHALLENGER SELECTION SERIES. 21 19 1.4.3 SEMI-FINALS OF THE CHALLENGER SELECTION SERIES. 22 20 1.4.4 FINAL OF THE CHALLENGER SELECTION SERIES. 23 21 1.5 AMERICA’S CUP DEFENDER SELECTION SERIES. 23 22 1.6 AMERICA’S CUP MATCH. 24 23 1.7 MONTHS OF RACING DEPENDING ON THE HEMISPHERE. 24 24 1.7.1 SCHEDULE OF THE SEASON CHAMPIONSHIP. 25 25 1.7.2 SCHEDULE OF THE CHALLENGER SELECTION SERIES. 25 26 1.7.3 SCHEDULE OF THE MATCH. 25 27 1.7.4 ADAPTATION OF THE SCHEDULE BY THE REGATTA DIRECTOR. 25 28 1.7.5 PUBLICATION OF THE SCHEDULE BY THE REGATTA DIRECTOR. 25 29 1.8 VENUES OF RACING. 25 TH TH 30 1.9 DATES AND VENUES OF RACING FOR THE 37 TO THE 44 AMERICA’S CUP. 26 TH 31 1.10 YEAR AND VENUE OF THE 37 AMERICA’S CUP. 26 TH 32 1.11 YEAR AND VENUE OF THE 38 AMERICA’S CUP. 26 TH 33 1.12 YEAR AND VENUE OF THE 39 AMERICA’S CUP. 26 TH 34 1.13 YEAR AND VENUE OF THE 40 AMERICA’S CUP. 27 35 1.14 YEARS OF THE FOLLOWING CUP CYCLES. 27 36 1.15 VENUES OF THEDRAFT FOLLOWING CUP CYCLES. 27 37 2 BOAT. 28 38 2.1 PROPELLED BY SAILS. 28 39 2.2 ONLY ONE MAST. 28 40 2.3 CONSTRUCTED IN COUNTRY COMPLIANCE. 28 41 2.4 CUSTOM-HOUSE REGISTRY REQUIREMENT OF THE DEED OF GIFT. 28 42 2.5 “CONSTRUCTED IN THE COUNTRY” REQUIREMENT. 28 43 2.5.1 HULL, STRUCTURE AND DECK. 28 America’s Cup Protocol - Page 3 of 156 Confidential Draft 1 2.5.2 MATERIALS AND TOOLS. 28 2 2.5.3 VISIT BY A MEASURER. 28 3 2.5.4 CONSTRUCTED IN THE COUNTRY CERTIFICATE. 28 4 2.5.5 OTHER EQUIPMENT. 29 5 2.5.6 REPAIRS OR MODIFICATIONS OF A BOAT WITH ITS CONSTRUCTED IN THE COUNTRY 6 CERTIFICATE. 29 7 2.6 CENTER-BOARD OR SLIDING KEEL AS ALLOWED BY THE DEED OF GIFT. 29 8 2.7 SAIL NUMBER. 29 9 2.8 CLASS RULE COMPLIANCE. 29 10 2.9 MEASUREMENT CERTIFICATE. 29 11 2.10 REQUIRED INFORMATION FOR THE MEASUREMENT CERTIFICATE. 29 12 2.11 PUBLICATION OF THE FIRST PAGE OF THE MEASUREMENT CERTIFICATE. 29 13 2.12 A BOAT DEFEATED IN THE MATCH. 30 14 2.13 COMMERCIAL DIRECTOR DECISIONS ON THE BOAT. 30 15 2.14 RULES COMMITTEE DECISIONS ON THE BOAT. 30 16 2.15 OBJECTIVE OF THE COMMERCIAL DIRECTOR IN MAKING THE LISTS. 30 17 2.16 OBJECTIVE OF THE RULES COMMITTEE IN MAKING THE LISTS. 30 18 2.17 OBLIGATIONS OF THE RULES COMMITTEE AND THE COMMERCIAL DIRECTOR IN MAKING THE 19 LISTS. 31 20 2.18 ACCESS TO THE RACE DATA AND TO THE PUBLIC DATA. 31 21 2.19 CREW. 32 22 2.20 GUEST RACER. 32 23 3 CREW. 33 24 3.1 CREW. 33 25 3.2 DECISIONS OF THE RULES COMMITTEE ON THE CREW. 33 26 3.3 DECISIONS OF THE MEASUREMENT COMMITTEE ON THE CREW. 33 27 3.4 CREW NATIONALITY. 33 28 3.4.1 REQUIRED PERCENTAGE OF NATIONALS. 33 29 3.4.2 CREW WITH MULTIPLE NATIONALITIES – RIGHT TO CHOOSE NATIONALITY. 34 30 3.4.3 CREW WITH MULTIPLE NATIONALITIES – RIGHT TO CHANGE NATIONALITY. 34 31 3.4.4 EVIDENCE BEFORE THE REGATTA DIRECTOR. 34 32 3.4.5 EVIDENCE BEFORE THE ARBITRATION PANEL. 34 33 3.5 HELM LICENSE. 34 34 3.6 CREW CHANGES. 34 35 3.7 YOUTH SAILORS IN THE SEASON CHAMPIONSHIPS. 34 36 3.8 FORBIDDEN SUBSTANCES. 34 37 3.9 WHEREABOUTS INFORMATION. 34 38 3.10 ANTI-DOPING CONTROL. 34 39 4 RACING. DRAFT 35 40 4.1 CONDITIONS. 35 41 4.2 SUMMER MONTHS. 35 42 4.3 IN REAL TIME. 35 43 4.4 BOAT DECLARATION. 35 44 4.5 NO CHANGE OF BOAT. 35 45 4.6 SUBSTITUTION OF EQUIPMENT WITHIN THE MEASUREMENT CERTIFICATE. 35 46 4.7 SUBSTITUTION OF THE BOAT OR EQUIPMENT EXCEEDING CLASS RULE OR THE MEASUREMENT 47 CERTIFICATE. 35 America’s Cup Protocol - Page 4 of 156 Confidential Draft 1 4.8 PROVISIONAL AND URGENT REPAIRS. 35 2 4.9 BOATS RACING. 35 3 4.10 PUBLIC BOAT DISPLAY. 36 4 4.11 TIME OF RACING. 36 5 4.12 WIND LIMITS. 36 6 4.13 COURSE. 36 7 4.13.1 OCEAN OR SEA. 36 8 4.13.2 WINDWARD-LEEWARD. 36 9 4.13.3 AT LEAST ONE AND A HALF (1.5) NM BETWEEN THE LEEWARD AND WINDWARD MARKS OR 10 GATES. 36 11 4.13.4 AT LEAST DECIMAL EIGHT (0.8) NM WIDTH. 37 12 4.13.5 AT LEAST ONE AND A HALF (1.5) NM WIDTH. 37 13 4.13.6 COURSE DETAILS. 37 14 4.13.7 PUBLICATION OF COURSE DETAILS. 37 15 4.13.8 CRITERIA FOR SPECTATOR BOATS. 37 16 4.13.9 ACCREDITED BOATS. 37 17 4.13.10 RESERVED AREAS INSIDE THE COURSE. 37 18 4.13.11 OTHER COURSE CONFIGURATIONS. 37 19 4.14 SCORING IN A FLEET RACE. 37 20 4.15 TIES IN A FLEET RACE. 37 21 4.16 SCORING IN A MATCH RACE. 38 22 4.17 TIES IN A MATCH RACE. 38 23 CORING ZERO POINTS 4.18 S . 38 24 4.19 SCORING A POINT. 38 25 4.20 NO SHORTENING OR SUSPENDING AN ONGOING RACE. 38 26 4.21 TIME LIMIT OF A RACE. 38 27 4.22 TIME LIMIT OF A LEG. 38 28 4.23 CANCELATION OF AN ONGOING RACE. 38 29 4.24 RE-SAILING A RACE. 38 30 4.25 LAST DAY OF RACING. 38 31 4.26 PREVENTING A TIE AT THE END OF THE LAST DAY OF RACING OF THE STAGE PERIOD. 38 32 4.27 BREAKING TIES BY A SAIL-OFF. 39 33 4.28 BREAKING TIES BY THE RESULT IN THE LAST RACE. 39 34 4.29 RESIDUAL RULE FOR BREAKING TIES. 39 35 4.30 TIE BREAK IN THE FINAL OF THE CHALLENGER SELECTION SERIES. 39 36 4.31 NO TIE BREAK IN THE MATCH. 39 37 4.32 NOTICE OF RACE. 39 38 4.33 SAILING INSTRUCTIONS. 39 39 4.34 RACING RULES. 39 40 4.35 RACE SIGNALS MUST INCLUDE AN ELECTRONIC, SOUND AND VISUAL ELEMENT. 40 41 4.36 UMPIRING. 40 42 5 VALUE OF ASSETS,DRAFT COST CUTTING MEASURES AND BUDGET CAP. 41 43 5.1 OBJECTIVE. 41 44 5.2 LIMITS. 41 45 5.3 BUDGET LIMITS. 41 46 5.4 EXPENDITURE LIMITS. 41 47 5.5 PROMOTION OF VALUE IN KIND SPONSORSHIP. 41 48 5.6 DECLARATION OF BUDGET. 41 49 5.7 DECLARATION OF EXPENDITURE. 41 America’s Cup Protocol - Page 5 of 156 Confidential Draft 1 5.8 SAILING LIMITS. NOTE: PLEASE NOTE THAT SOME OF THE FOLLOWING OPTIONS ARE 2 COMPATIBLE, IF THERE IS NO FURTHER AGREEMENT OPTION A AND OPTION B MUST APPLY AND 3 OPTION C, OPTION D AND OPTION E WILL BE DELETED. 42 4 5.8.1 OPTION A: NO SAILING IN THE FIRST SIX MONTHS OF THE CUP CYCLE. 42 5 5.8.2 OPTION B: ONE HUNDRED DAYS OF SAILING. 42 6 5.8.3 OPTION C: SUMMER MONTHS. 42 7 5.8.4 OPTION D: SIX MONTHS IN A YEAR. 42 8 5.8.5 OPTION E: IN THE HEMISPHERE OF THE VENUE. 42 9 5.9 SAILING IN OTHER BOATS AND PARTICIPATING IN OTHER REGATTAS. 42 10 5.10 OLD AND NEW EQUIPMENT. 43 11 5.11 CARDING EQUIPMENT. 43 12 5.12 LIMITS ON EQUIPMENT. 43 13 5.13 LIMITS OF MODIFICATIONS OF EQUIPMENT. 43 14 5.14 REPAIRS OF EQUIPMENT. 43 15 5.15 URGENT REPAIRS OF EQUIPMENT. 43 16 5.16 MINOR REPAIRS OF EQUIPMENT. 44 17 5.17 MAINTENANCE OF EQUIPMENT. 44 18 5.18 RE-USING OLD EQUIPMENT. 44 19 5.19 LIMITS ON LAUNCHING OF A NEW BOAT. 44 20 5.20 LIMITS ON HAULING OUT A BOAT. 44 21 5.21 VALUE OF OLD BOATS. 44 22 5.22 ENGINE REQUIREMENTS. 45 23 5.23 BOAT BATTERY REQUIREMENTS. 45 24 5.24 LIMITS ON SUPPORT BOATS. 45 25 5.25 LIMITS ON TEAM MEMBERS. 45 26 5.26 DECLARATION OF TEAM MEMBERS. 45 27 5.27 TRANSFER OF EQUIPMENT, TECHNOLOGY DATA AND DESIGNS. 45 28 5.28 FLUID THINKING PROHIBITION. 46 29 5.29 LIMITS ON METEOROLOGICAL AND OCEANOGRAPHIC DATA. 46 30 5.30 DATA USED FOR FORECASTS AND MODELING 46 31 5.31 PROHIBITION OF TWO BOAT TESTING. 46 32 5.32 LIMITS ON SAILING WITH OTHER COMPETITORS. 47 33 5.33 LIMITS ON CLOSED CONTROL ENVIRONMENT TESTING. 47 34 5.34 FORBIDDEN ACTIONS ON RECONNAISSANCE ON OTHER COMPETITORS.