***** ALL PILOTS MUST HAVE QUALIFIED MAN ON WATCH AT ALL TIMES  *****

                                                        WARNING

A qualified MAN ON WATCH is LEGALLY REQUIRED whenever vessel is UNDERWAY.
PRESLEY'S Autopilots are NAVIGATIONAL AIDS designed (when installed in accordance with instructions furnished), to
assist the man on watch to maintain the average course he selects.

These Autopilots are NOT designed not approved to replace the man on watch, nor relieve him of the responsibilities
required by the Rules of the Road for maintaining a good lookout or for continual safe navigation of the vessel.

Activate autopilot only in open waters, well clear of other vessels, obstructions, or local magnetic attractions, and monitor
heading at all times.

Close quarters approaches to external "Local Magnetic Attractions" such as, but not limited to, large iron ore deposits,
pipelines, steel vessels, cargoes, bridges or piers, may cause unpredictable deviation of any magnetic compass, including
the compass of the autopilot.  Therefore, the AUTOPILOT MUST NOT BE USED FOR STEERING WHEN SUCH CLOSE
QUARTERS EXIST.

Be prepared to resume manual steering and inactivate autopilot immediately in the event that:
(a)        Chosen heading is not maintained.
(b)        An unscheduled change of heading occurs.  (See Par. VII(3) of limited Warranty)
(c)        Any situation arises wherein continuing set course might put own vessel or other vessels in jeopardy.



                             LIMITED WARRANTY
LIMITED WARRANTY APPLIES TO ALL PRODUCTS OF PRESLEY'S AUTOMATIC MARINE PILOTS, DIV. OF PREDAN, INC.

     I.        The Warrantor is Presley's Auto Marine Pilots, Inc. 700 Ave. F. North, Bay City, Texas 77414 Tel;(800)245-1382

   ll.     This Limited Warranty shall extend only to the original purchaser of the equipment.

    lll.     This Limited Warranty registration card must be returned to Warrantor at the address indicated above before there     
               will be any Limited Warranty coverage service for the equipment.

    lV.      This Limited Warranty applies to all equipment manufactured by or bearing the nameplate of Presley's Pilot, Inc.,       
                 and Warrantor warrants all such equipment to be free from defects in workmanship or material under normal use   
                 and service.

     V.        This Limited Warranty is in effect for a period of twelve (12) months from the date the equipment is shipped from     
                  the factory.  

     Vl.        1.  If any part of the equipment proves to be defective in workmanship or material, the Warrantor will examine           
                      said equipment after it is returned to Warrantor as hereinafter stated; and
                  2.  If the returned equipment is found by the Warrantor to be defective in workmanship or material, the equipment   
                         will be repaired or replace at the above address of Warrantor's place of business without charge, except for       
                         transportation charges as herein provided; and there will be no option for the purchaser to receive a refund of   
                         the purchase price until after a reasonable number of attempts to remedy the defect have been made by the      
                         Warrantor.

                   3.  Only persons expressly authorized by Warrantor shall be permitted to perform Limited Warranty service.

     Vll.         1.  If purchaser believes any part of the equipment is defective, he shall return said part within twelve                        
                          (12)months of the date of purchase to the Presley's Pilot, Inc. factory at the address herein provided.

                     2.  The expense of transporting the defective equipment to the Warrantor's factory and the expense of returning    
                            the repaired or replace equipment shall be paid in advance by the purchaser.

     Vlll.         1.  There are no warranties which extend beyond the description on the face hereof.  This Limited Warranty is       
                           expressly in lieu of all other warranties, guarantees, obligations or liabilities expressed or implied, by the         
                           Warrantor or its representatives.  All statuary or implied warranties, other than title, are hereby expressly           
                           excluded.  This Limited Warranty will not apply where the purchaser or others have misused or abused or        
                           failed to normally service the equipment and Warrantor will not be liable for any damages of any kind                 
                           caused by such misuse,abuse or lack of service.
                     2.  There is no limited Warranty coverage of any kind for defects or damage due to water immersion or salt           
                            water spray, except for equipment which is designated as water resistant, and equipment so designated is    
                            warranted as set forth in Paragraph VI herein.
                     3.  There is no Limited Warranty and Warrantor shall not be held liable for any damages incurred as a result of    
                            malfunction of any part of Warrantor's products if said damages occur during or as a result of the autopilot      
                            being left unattended by the operator.  Warrantor will not be liable for any damages arising from collisions      
                            with other vessels or object.  The autopilot product, including parts thereof, is designed to assist the                 
                            operator or the man on watch to navigate accurately by maintaining an average course selected by the man    
                            on watch.  The Warrantor's product is not designed to, and does not, replace the man on watch.  Due to the    
                            potential of a collision with an object in the vessel's path or of an electrical, mechanical, or hydraulic                 
                            malfunction of the parts of the autopilot or the associated equipment of the vessel, the energized pilot              
                           should never be left unattended when the vessel is moving.
                     4.  There is no Limited Warranty for Model Nos. 11, 15 and 420 if they are used on hydraulic steering gear.
                     5.  The sole remedy available to the purchaser if there is a defect in material or workmanship of the equipment    
                            is as set forth in Paragraph VI.
                     6.  The Warrantor assumes no liability for incidental or consequential damages of any kind.

      IX.           The Purchaser's obligations in the event of defect are to:
                      1.  Prepare a written detailed statement of the defect;
                      2.  Deliver the written statement to Warrantor's factory at the above indicated address;
                      3.  Deliver or arrange for the delivery of the equipment to Warrantor's factory; and
                      4.  Arrange for the return of the equipment from Warrantor to purchaser by either agreeing to pick up the                
                            equipment at Warrantor's factory or by depositing with Warrantor sufficient funds to pay to have the                    
                            equipment delivered to purchaser by means of commercial transportation.

      X.             Purchaser hereby agrees that he has read the above and understands that the above Limited Warranty sets       
                       forth the exclusive Limited Warranty for this equipment.


              Presley's Automatic Marine Pilots, Inc.
                          700 Avenue F. North                                                        Tel: (979) 245-1382
                           Bay City, Texas 77414                                                     Fax: (979) 245-6922