Deed of Gift Neptune Trophy

Neptune Trophy DEED OF GIFT

Introduction
The Neptune trophy was presented to the Royal Northern Yacht Club on the 21st of June 1890 by James Coats jun. as a trophy for the large handicap yachts during Clyde Week. The heavily embossed sterling silver trophy was first engraved “Royal Northern Yacht Club Corinthian Regatta 21 June 1890” and won by “May” owned by W.J. Chrystal. After World War
II the trophy was known as the 8-Metre Points Trophy, raced for at the Royal Northern Regatta during Clyde Week.

1. The Neptune Trophy is presented by the Royal Northern & Clyde Yacht Club and shall remain the sole property of the Royal Northern & Clyde Yacht Club.
2. The Neptune Trophy is a Challenge Trophy and shall be competed for as part of the 8-Metre World Cup or the European Championships as is deemed fit and practical by the International Eight Metre Association –IEMA.
3. Entries shall be open to all yachts of the International Eight Metre Class of all nations having a valid certificate of rating and complying with the Rules of the Neptune Trophy.
4. All participants shall be paid up members of IEMA.
5. The Neptune Trophy shall be available for competition when at least 3 yachts, representing at least two countries at the given event, qualify under the Rules of the Neptune Trophy.
6. The competition for the Neptune Trophy shall be scored from the overall score of the event. The positions of eligible yachts in each race of the overall World Cup or European Championship shall be used for a separate scoring table using the scoring system of the overall regatta, in particular the same race will be the discard (if any) for both tables.
7. The Races shall be governed by the International Yacht Racing Rules, the prescriptions thereto of the appropriate National Authority except as varied by these Rules, the Rules of the International 8 Metre Class and the Conditions and Sailing Instructions of the Organizing Authority.
8. The Trophy shall be held by the current Champion’s Yacht Club which shall be responsible for engraving and for ensuring the safe keeping of the Trophy while it is in their custody.
9. Only the Royal Northern & Clyde Yacht Club shall make alterations to this Deed of Gift.
10. The IEMA Technical Committee governs the 8-Metre Vintage Rules. Amendments, if any, shall be submitted to the Royal Northern & Clyde Yacht Club who will also act as arbiter in case of dispute over the said rules.
11. Should the International 8 Metre Class cease to exist; or should the Competition for the 8 Metre World Trophy lapse for three consecutive years or in the opinion of the Royal Northern & Clyde Yacht Club, after consulting with IEMA, cease to be of primary importance, the Neptune Trophy shall be returned to the Royal Northern & Clyde Yacht Club.
12. The Royal Northern & Clyde Yacht Club shall be invited to nominate a juror for any event involving the Neptune Trophy.
13. IEMA shall be responsible for insuring the trophy for the value advised by The Royal Northern & Clyde Yacht Club.