a. If Charterer cancels more than 60 days before original charter start, Charterer will lose its 30% deposit. If Charterer has already paid for add-on options, DYC will reimburse Charterer for these expenses.
b. If Charterer cancels 59 days or less before the original charter start, Charterer will lose the entire charter fee paid to date. If Charterer has already paid for add-on options, DYC will reimburse Charterer for these expenses, unless cancellation occurs within seven days of departure. If within seven days, payment for add-on options will not be refunded.