HomeMy WebLinkAboutLEASE AGREEMENT BETWEEN ARC AND STANDARD AERO BUSINESS AVIATION SERVICES LLC LEASE AGREEMENT
This LEASE AGRE:EMENT, dated as of 7uly 1, 2011 (this "Lease"), by and between
AUGLTSTA-RICI�MOND COUNTY, a public body corporate and politic created and existing
under the Iaws of the State of Georgia (the "City"), and STANDARDAERO BUSINESS
AVIATION SERViCES, LLC, a corparation organized and existing under the laws of the SEate
af Delaware (the "Company"};
WITNESSETH:
WHEREAS, a Lease Agreemen# was made and entered into on July l5, 1976, by and
between the Augusta Aviation Commission, an instrumentaiity of the City of Augusta, Georgia,
and Garrett Aviation Services, LLC, which Lease Agreement thereafter tivas amended to extend
the tenn to December 31, 1997, and to pravide for an option to extend said Lease through
December 3 l, 2007; and
WHEREAS, the Parties have entered into subsequent leases which extended the term to
December 3 l, 2� 1 Q; and
WHEREAS, ihe Parties have by letter addressed to StandardAero from Augusta
Aviation Commissian dated December 16, 2010 fiu extended the lease term to March 31,
2011; and
WHEREAS, the City, acting by and through the Augusta Aviation CoFninission {the
"Commission"), an instrurnentality of Augusta-Richmond County, Georgia, as "Lessar" and
Company, as "Lessee", desire ta enter into a new lease to provide for the lease of property
heretofore leased to Lessee; and
NOW THEREFORE, for and in consideration of the promises and the mutual covenants
hereinafter set forth, and other good and vaIuable consideration, the receipt and sufficiency of
which is hereUy acknowledged, the Parties hereby agree as follows:
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ARTICLE I
DEFINITlONS; CONSTRUCTION
Section 1.1 Definitions. Certain capitalized words and terms used in this Lease are
defined in the text herein. TI�e following words and terms are defined teims under this Lease:
"Additions or Alterations" means modifications, upgrades, aIterations, additions,
enlargements, or expansions to property described in this Lease.
"Affiliate" means a Person w}3ich is eontrolled by the Lessee or its corporate successor,
which controls the Lessee, or its successor, or which is under comznon contro] with the Lessee or
its suceessor (direct or indirect ownership of more than fifty percent {50%) of the voting power
constituting "controI" of a Person for such purpose).
"Airport" means the Augusta Regianal Airport at Bush Field.
"Airport Director" means Gary LeTellier or any other person so appointed during the
term of dzis Lease.
"Authorized Lessee Regresentative" means any officer or official of the Lessee who
executes this Lease and any other person at the time designated to act on behalf of ihe Lessee;
more than one person inay be designated as an Authorized Lessee Representative.
"Business Day" means a day which is not a Saturday, Sunday, a legal holiday, or any
other day on which banking institutions are authorized to be closed in the State.
"Corporate Successor" and "corporate successor" mean any corporation or ]imited
liability company into which the Lessee may merge, any corporation or limited liability company
resu3ting fro�n a consolidation to which the Lessee is a party or any corporation or limited
liahility company to which t�ie Lessee transfers its interest under this Lease, and also includes
any Corporate Successor {as above defined, hut substituting "corporate successor" for "Lessee")
af a Corporate Successor.
"Date" means the date of d�is Lease first shown on page 1 of this instrument.
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"Environmental L�ws" means aU federal, sEate, and local laws, rules, regulations,
ordinances, programs, permits, guidance, orders, and consent decrees relating to health, safety,
and environmental matters, including, but not limited to, the Comprehensive Environmentai
Response, Compensation, and LiabiIity Act of 1980, as amended, the Toxic Substances Control
Act, as amended, the Clean Water Act, as amended, the Clean Air Act, as amended, the
Superfund Arnendments and Reauthorization Act of I98b, as arnended, state and federal
superlien and environmental cleanup programs and laws, and U.S. Departinent of Transportation
regutations.
"Event of Default" means, when used with respect to this Lease, the events specified in
Section 9.1 of tl�is Lease, and when used with reference to any other instrument, any `Bvent of
Default, "event of defauit," "Default," or "defaulY'_
"FederaI Aviation Adnninistration" or "FAA" means that federal agency in the
Departinent of Transportation having responsibility for ensuring the safety of civilian aviation
and regulating airline safety.
"Leased Equipment" means any building fixtures and building equipment that the
Lessee elects to include in the Leased Premises, from time co time located on the Leased
Prernises or in the Leased Improvements.
"Leased Improvements" means the improve�nents to the Leased Premises and alI
Additions or Alterations, replacements and suhstitutions for any portion thereaf, from tirne to
time located on tl�e Leased Premises.
"Leased Premises" means colIectively the pre�nises located at Airport, 1550 Hangar
Road, Augusta, Georgia, and described as an 11.23 acre parcel on a survey prepared by William
R. Gore, and dated October 2b, 2000, attached hereto �s Exhibit "A" and incotporated herein by
this reference, together witii all improveinents located dlereon, any improvements to be
constructed, and all easetnents (excluding �asements for light and air), rights of way and
appurtenances pertaining thereto, together with that certain building containing approximately
four tl�ousand square feet (4,OOfl t�'") known as the "zigper" building, shown as Building 22 on
ExhiUit "A-] ", attached i�ereto and incorporated herein by this reference.
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"Lease Term" means the term of this Lease as specified in Section 4.1 hereof.
"Lessee" means StandardAero Business Aviation Services, LLC„ a Delaware
corporation, and any successor Lessee under this Lease.
"Lessor" means the Board of Commissioners for Augusta-Richmond County.
"Net Proceeds" means, when used wit�1 respect to any proceeds of casualty insurance
received with respect to any damage or destruction of the Premises or any part thereof, proceeds
of sale or any eminent domain award (or proceeds of sale in lieu af a talcing by eminent domain)
or with respect to any other recovery on a contractual claim or claim for damage to or for taking
of the Premises, or any part thereof, t�ie gross proceeds from such insurance, eminent domain
award, sale ar recovery with respect to which that term is used remaining after pa}nnent of ali
casts and ex�enses {including attarneys' fees and reimbursable expenses) incurred in the
collection of such gross proceeds.
"Person" means a naturai person, business arganization, public body, or 3ega1 entity.
"Premises" means the Leased Premises, Leased Equipment, and the Leased
Improvements, as the same shall exist from time to time.
"Rent" means the rent payable by the Lessee to the Lessor, described in Section S.I of
this Lease.
`°State" means the State of Geargia.
"Transportation Security Administration" ar "TSA" means the federal Office of
Homeland Security and Transgortation Security Administration, or their authorized snccessor(s).
Section 1.2 Construction af Certain Ternras. Fox aIl purposes of this Lease, except as
atherwise expressIy provided or unless the context otherwise requires, the following ruIes of
construction shall appIy:
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(a) The use of the masculine, feminine, or neuter gender is for convenience only and
shall be deemed and construed to include carreIative words of the masculine, feminine, or neuter
gender, as appropriate;
(b) The tenn "this Lease" means this instrument as originally executed or as it may
from time to time be suppleinented or amended by one or �nore leases supplemental ta this Lease
and entered into pursuant to the applicable provisions hereof;
(c) A31 references in this instrument to designated "Articles," "Sections," and other
subdivisions are to the designated articles, sections, and other subdivisions of tliis insh
(d} The words "herein, "hereof," and "hereunder" and other words of similar import
refer to this Lease as a whale and not to any particular article, section, or other subdivisian;
(e) The terms defined in tliis Article shall have the meanings assigned to them in tliis
Article and include the plural as well as the singular; and
{ fl All accounting tenns not otherwise defined herein have the meanings assigned to
them in accordance witll generally accepted accounting principles as promulgated by the
American Institute of Certified Public Accountants, on and as of the date of this Lease.
Section 1.3 Table of Contents; TitIes and Headin�s. The table of contents, the titles of the
articles, and the headings of the sections of this Lease are solely for convenience of reference,
are not a part of this Lease, and shall not be deemed to affect the meaning, construction, or effect
of any of its provisions.
ARTICLE ]I
REPRESENTATIONS AND UNDERTAKINGS
Section 2.1 Representations bv the Lessor. The Lessor makes the following representations
and warranties as the basis for the undertakings on its part her�in contained:
Creation and Authoritv. The Lessor is a pub3ic body corporate and politic duly created
and validly existing under the laws of the State. The Lessor is the owner of the Premises. The
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Lessor has all requisite power and authority under the Act and the laws of the State {i) to lease
the same to the Lessee, and (ii) to enter into, pe�form its obligations under, and (iii) to exercise
its ri�hts under this Lease.
� Section 2.2 Representations bv the Lessee_ The Lessee makes the following representations
and warranties as the basis for the undertakings on its part herein contained:
(a} �rganization and Power. The Lessee is a corporation duly organized, validly
existing, and in good standing under and by virtue of the laws of the State of Delaware, and, if
required by applicable law, is authorized to do business in the State, and has all requisite power
and authority to enter into this Lease and perform its obligations and exercise its rights under the
same.
(b) A�;reements Are Le�al and Autl�orized_ The Lessee warrants that the
consummation of the t�ansactions herein contemplated, and ti�e fulfillment of or the compliance
with all of the provisions hereof {i} are within the power, legal right, and authority of tlle Lessee,
(ii) have been duly authorized by all necessary and appropriate action on the part of the members
of the Lessee, (iii) have been duly executed and delivered on fihe part of the Lessee, (iv) are legal,
valid and binding as to the Lessee, subject to bankxuptcy, moratorium and other equitable
principles, and (v) will not canflict with or constitute on the part of the Lessee a violation of, or a
breach of or a default under, any charter instrument, bylaw, indenture, mortgage, deed to secure
debt, pledge, note, lease, loan, installment sale agreement, contract, or other agreement or
instrument to which the Lessee is a party or by which the Lessee or its properties are otherwise
subject or bound which would have a material adverse impact on the Lessee's abiIity to perform
its obligations hereunder, or any judgment, order, writ, injunctian, decree, or demand of any
court or governmental agency or body having jurisdiction over the Lessee or any of its activities
or properties.
{c) No .Defaults. No event has acc�rred and no candition exists that would constitute
an Event of Default by the Lessee or which, �yith the lapse of time or with the giving of nQtice or
both, would become an Event of Default Uy the Lessee hereunder.
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(d) Disclosure. The representations of tl�e Lessee contained in this Lease and/or any
certificate, document, written statement, or other instrument furnished by or on behalf of the
Lessee to the Lessor in connection with the transactions con#emplated hereby, do not contain any
untrue statement of a material fact and do not omit to state a material fact necessary to make the
statements contained I�erein or therein not misleading. Lessce states that there is no fact that it
has not disclosed to the Lessor in wrifiing that materially and adversely affects or in the future ,
may (so far as the Lessee can now reasonably foresee) materially and adversely affects the Lease
or the ability of the Lessee to perform its obligations under the Lease.
ARTICLE III
LEASiNG CLAUSE; SECURTTY; TITLE
The Lessor, duly authorized, for and in consideration of the rents, covenants, agreeinents,
and stipulations hereinafter mentioned, reserved and contained, to be pt��id, kept and perfonned
by the Lessee, has leased and rented, and by tl�ese presents does lease and rent, unto the said
Lessee, for Lessee's exclusive use, and said Lessee hereby agrees ta lease and take upon the
terms and conditions which l�ereinafter appear, the Premises.
ARTICLE IV
TERM; POSSESSION
Section 4.1 Effective Date; Lease Term. This Lease shall becoine effective upon its
execution and approvaI by the Lessor, for a period of ten (10) years (the "Lease Term"),
commencing on JuIy I, 2011. The Lease Term shall expire at l I:59 p.rn., Gear�ia time, on June
30, 2021, subject to the provisions of this Lease pennitting earlier termination. Notwithstanding
any expiration or termination of this Lease, #hose covenants and obligations that by the
provisions liereof are stated to survive the expiration or tennination of this Lease shall survive
the expiration or earlier tennination of this Lease. This Lease sl�al] create a usufruct only and not
an estate for years.
4.1.1 Option. Lessee sliail have the option to renew this Lease for one (1 } additional
ten (10) year tenn upon Ehe terms and conditions hereinafter set forth, said Renewal Tenn to
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commence on July i, 202] and expire at 11:59 p.m., Georgia time, on June 30, 2031. In the
event Lessee desires to exercise said Op#ion, Lessee sha11 give written notice to Lessor, via
certified maiI, return reeeipt reguested, not later than July I, 202Q. Upon receipt of said notice,
the parties shall negotiate in good faith to arrive at an agreed annual rent scheduie for the
Renewal Term, which rent schedule shall replace the rent schedule set forth in Section 5.1 during
the Renewal Term. The parties also sha11 negotiate the Purchase Price for Fuel, Flowage Fee,
Labor Charges, Fuel Discount, and al] other fees, charges, costs, and expenses to be paid by
Lessee to Lessor pursuant to Section 6.5 of this Lease. All other provisions of this Lease shaIl
remain in full force and ef��ct, unless otherwise agreed by the parties, in writing, as an
amendm�nt to this Lease. ln the event that tiie parties are unable to reach an agreement
regarding the rent schedule or fees, charges, costs, and expenses under Section 6.5 for the
Renewal Term by June 30, 2021, then the parties laereby agree that the exercise of this option
shall be null and void and of no effect, and this Lease shall terminate by the expiration of the
Lease Term as provided in Section 4.1.
Section 4.2 Effect of Termination. No termination of this Lease prior to tlie no�nal ending
thereof, by lapse of time or otherwise, shaIl affect Lessor's right to colIect rent for the period
prior to tennination diereof.
Section 4.3 Deliverv of Possessian. The Lessee shall, conn�nencing with #he Effective Date
of this Lease, have possessian, cus#ody and controi of the Premises as it exists on such date, and
the Lessee hereby accepts such possession, custody and control. The Lessor covenants and
agrees that it shaIl not take any action, nor pennit others to take any action, nor omit to take any
action or permit others to omit to take any action to prevent the Lessee from having possession
and enjoyment of the Premises during the Lease term and shall, at the request of the Lessee, if
indemnified by the Lessee, cooperate with the Lessee in order that the Lessee may have peaceful
possession and enjoyment of the Premises.
Section 4.4 Acce�tance of Possession. Lessee warrants that it has inspected the Leased
Premises and accepts possession of the Lease Premises and the improvements thereon "as is" in
its present condition, and subject to all limitatians imposed upon the use thereof by the ruIes and
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regulations of the FAA, TSA and by ordinances of tl�e Lessor, and admits its suitableness and
sufficiency for the uses permitted hereunder.
Section 4.5 Quiet Enioyment, �ngress and E�ress. Lessor covenants and warrants that
Lessee, sc� long as it shall pay the rentals herein stipulated and shail perform tlle duties and
obligations herein agreed to be performed by it, shall peaceably and quietly have, hold and
occupy and shall have the exclusive use and enjayment of the Leased Premises during the term
of this Lease and any extensions thereof, including but not limited to ingress and egress for
Lessee and its customers.
ARTICLE V
RENTAL PROVISIONS; OBLIGATIONS OF LESSEE
Section 5.1 Rents and Other Amounts Pavable. Lessee hereby agrees to pay Lessor armual
rent, in advance, in equal installments on the first (1 st} day of each month during the #erm of this
Lease beginning on the first (Ist) day of July, 2011, and continuing thereafter on the first (lst)
day of each successive month throughout the Lease Tenm. The manthly rental for each Iease
year shall be calculated Uy dividing the annual rent iisted UelQw by twelve {12), as follows.
Lease Year Date Annual Rental
'i July 1, 2011-June 30, 2Q�12 $336,479
2 July 1, 2012-June 30, 2013 $353,303
3 July 1, 2013-June 30, 2014 $363,902
4 July 1, 2014-June 30, 2Q15 $374,819
5 July 1, 2015-June 30, 2016 $386,063
6 Jufy 1, 2�16-June 30, 2017 $397,645
7 Jufy 'f, 2017-June 30, 2018 $409,575
8 July '!, 2f318-June 30, 2019 $421,862
9 July 1, 2019-June 30, 2020 $434,518
10 July 1, 2020-June 30, 2021 $434,518
In all events, the rent shall be due and payable monthly, in advance, due on or before the
fifth (Sth} day of each month, beginning on the fiflh (Sth) day of July, 2011. Any rent notpaid on or
before the due date shal] bear interest from the due date through and including the date payment is
made at tlze rate of twelve percent (l 2%) per armum.
000309ZR.DOC/58?G.Q0026 „ 9 _
Section 5.2 Pavments Due on Other than Business Davs. Wlienever a date upon which a
payment is ta be made under this Lease falls on a dafie which is not a Business Day, such
payment may be made on the next succeeding Business Day without interest for the intervening
period.
Section 5.3 Holding Over. If Lessee remains in possession of the Premises after expiratian
of the teim hereof, with Lessor's acquiescence and without any express agreeinent of the Parties,
Lessee shall be a Lessee at wilI at the rental rate which is in effect at end of this Lease, and there
shall be no renewal of this Lease by operation of law. lf Lessee remains in possession of the
Premises after expiration of the term hereof without Lessor's acquiescence, then Lessee shall be
a Lessee at sufferance and, commencing on ttie date foilowing the date of such expiration, the
monthly rental shall, for each month or fraction thereof during which Lessee so remains in
possession, be one-and-one-half (l.S} times the monthly rental then in effect pursuant to Section
5.1 hereof for the first ninety (90) days Lessee remains in possession, and thereafter twice the
manthly rentaI in effect at the expiration of the Lease Term. All af the Lessee's obligations
under this Lease shalI apply during such holdover period, and the Lessee shall also be liable for
any Additional Rent as herein provided and for any and all other reasonable and actual damages
Lessor suffers as a result of such holdover including, without limitation, the loss of a prospective
Lessee for such space and cost of evicting the Lessee, including reasonable and actual attorneys'
fees. There shal] be no renewal of this Lease by operation of law or otherwise. Nothing in this
Section shall be construed as consent by the Lessor for any holding over by the Lessee after the
expiration of the Lease Term.
Section 5.4 Surrender of Premises. Except as Qti�erwise provided in this Lease, at the
expiration or sooner termination of the Lease Term, the Lessee agrees to surrender possession of
the Premises peaceably and prornptly to the Lessor in as good candition as at the commencement
of the Lease Term, excepting only ordinary wear, tear, and obsolescence.
Section 5.5 Obli�ations of Lessee Hereunder.
{a} Nature. The Lessee hereby agrees that its obligations to pay Rent under this Lease
shalI be absoiute and shall not be subject to any defense, except payment, or to any ri�ht of set
off, counterclaim, or recoupment arising out of any breach by the Lessor of any obligation to the
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Lessee, whetl�er hereunder or otherwise, or arising out of any indebtedness or liability at any
time owing to the Lessee by the Lessor. The Lessee agrees that it shall not suspend, abate,
reduce, abrogate, di�ninish, postpane, modify, or discontinue any payments provided for in
Section S.l hereof, or except as provided in Sectians 10.14 and 10.16 hereof, terminate its
obligations under this Lease, for any contingency, act of God, event, or cause whatsoever,
includzng, without limiting Ehe generality of the foregoing, failure of the Lessee to occupy or to
use the Premises as contemplated in this Lease or otherwise, any change or delay in the time of
availability of the Premises, any acts or circumstances wl�ich rnay impair or preclude the use or
possession of the Premises, any defect in the title, design, operation, �nerchantability, fitness, or
condition of the Fremises or in the suitability of the Premises for the Lessee's purgoses or needs,
failure of consideration, the invalidzty of any provision of this Lease, any acts or circumstances
that may constitute an eviction or constructive evictian, destruction of or damage to the
Premises, the taking by eminent domain of title to or the use of ali or any part of the Preinises,
failure of the Lessor's title to the Premises or any part thereof, commercial frustration of
pur�aose, any change in the tax or otiier laws of the United States of America or of the State or
any political subdivision of either tl�ereof or in the rules or regulations of any governmental
authority, or any faiIure of the Lessor to perform and observe any agreement, whether express or
implied, or any duty, liability, or obligation arising out of or connected with this Lease; provided,
however, that rent may abate as provided in Sections 10.14 and I p.16 tlereinbelow.
(b} Licenses and Pennits. The Lessee shall do all things necessary to abtain,
maintain, and renew, from time to time, as necessary, all permits, licenses, franchises, and other
governmental approvals necessary for its ownership of and activities relating to the Leased
Premises, the Iack of which would have a anaterial adverse affect upon the Lesse�'s ability to
meet its obl'zgations under this Lease.
(c) Utilities_ Lessee shall pay aIl charges for electricity, gas, water, telephone, sewer
service, sewer treat�nent, telephone and any other communication or utility service used in or
rendered or supplied to the Leased Premises throughout the term of this Lease and shall
indemnify Lessor and hold it for�ver hannless against any and all liability or da�nages related
there#o.
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(d) Taxes. Lessee shall promptly pay when due all personal properky t�es which
anay be assessed against its equipment, merchandise, or other property located on or about the
Leased Premises and any and aIl franchise fees or ather ta�ces or assessments which may be
imposed or assessed against lessee or its leasehold interest.
{e) Maintenance and Repair. Except as may otherwise be provided for herein, the
Lessor shall not be required to maintain nor to make any improvements, repairs, or restorations
upon or to the Premises or to any of the improvements presef�tly located thereon. Lessor shatl
never have any obligation to repair, maintain ar restore, during the term of this Lease, any
improvements placed upon the Leased Premises by Lessee, its successors and assigns.
Lessee shall tlu tl�e tern� of this Lease assume the entire responsibility, cost, and
expense for ali repair and maintenance whatsoever on the Premises, whether such repair or
meintenance be ordinary or extraordinary, structural or odierwise, and shall keep improvements
thereon in a good workmanlik� manner. Lessor shall be responsible far the reasonable repair and
maintenance of the ramp and of all areas of the Leased Premises which are currently paved, as of
July 1, 2p11 _ Additionally, Lessee, without Iimiting the generality hereof, shall:
l. keep at all times, in a clean and orderly condition and appearance, the Premises, aIl
improvements thereon and all of the Lessee's fixtures, equipment and personal
property which are located on any part of the Premises;
2. provide and maintain on the Premises al] obstruction lights and similar devices, and
safety equipment required by law;
3. repair any da�nage caused by Lessee or its invitees, Lessees, or contractors to paving,
soils, water or other parts of the Premises caused by any oil, gasoline, grease,
lubricants, solvents, flamrnabte liquids, or substances having a corrosive or
defimental effect tl�ereon, and remediate any release caused by Lessee or any of its
invitees, Lessees or cantractors of any suUstance that has a harmful effect on human
health or the environment as determined by any regulatory agency;
4. take whatever measures are necessary to prevent erosion, including but not limited to,
the planting and replanting af grasses with respect to atl portions of the Premises not
paved or built upan, a�ld in particular shal] plant, maintain and replant any landscaped
areas;
0003092R.DOG5826.0(�36 _ � � _
5. Be responsible for tlie maintenance and repair of all utility service Iines placed on the
Premises and used by Lessee exclusively, including but not limited to, water lines,
gas lines, electrica] pawer and telephone conduits and lines, sanitary sewers and
storm sewers.
6. Lessee shall be solely responsible for maintaining ihe Leased Premises, including
specifically but not exclusively, the roof, paving (except with respect to the ramp),
structures, heating, air conditioning and pluinbing and electrical facilities located
therein in good working condirion and state of repair at all times during the Lease
Term.
At the end of the Lease Term, said Premises shall b� returned by Lessee to Lessor in the
condition they were in on the ciate of cammencement of the Lease, fair wear and tear excepted,
including any environmental remediation which may be required because of Lessee's activities
on flie Premises.
(� Enterin�eased Premises for Repair. In the event Lessee fails: (a) to commence
to maintain, cIean, repair, replace, rebuild ar repaint, within a period of thirty (30) days af�er
written natice from die Lessor to do any rnaintenance or repair work required to be done under
the provisions of tliis Lease, other than preventive maintenance, {b) or within a period of ninety
(90) days if the said notice specifies thak the work to be accomplished by the Lessee involves
preventive inaintenance only; (c) or to diligently continue completion of any repairs,
replacement, rebuilding, painting or repainting as requirecl under this Lease, then Lessor may, at
its option, and in addition to any other remedies which may be available to it, �nter the Premises
involved, without such entering causing or constituting a cancellation of this Lease or an
interference with tl�e possession of the Premises, and repair, replace, rebuitd or paint all or any
part of the Leased Premises or tlte i�nprovements thereon, and do all things reasonably necessary
to accomplish the work required, and the cost and expense thereof shall be payable to the L�ssar
by Lessee within thirty {3�) days of Lessor's demand. Provided, however, if in the opinion of
the Lessor, tlie Lessee's failure to perfonn any such maintenance endangers the safety of the
public, the employees or property of the Lessor or other Lessees at the Airport, and the Lessor so
states same in its notice to Lessee, the Lessor may, at its sole option, in addition to all other
remedies which may be available to it, elect to perform such maintenance at any time after the
giving of such notice, and Lessee agrees to pay ta the Lessor the cost and expense of such
U0030928.DOCI582G.0002G - 13 -
performance within thirty (30) days of Lessor's demand. Furthermore, should the Lessor, it
officers, employees or agents undertake any work hereunder; Lessee hereby waives any c�aim for
damages arising from the Lessor's soie gross negligence. 'T�ie fore�oing shalI in no way affect or
alter the pri�nary abligations of the Lessee as set forth i�l this Lease, and shall not impose or be
construed to impose upon the Lessor any obligations to maintain the Premises, unless
specifically stated otl�erwise herein.
ARTICLE VI
USE OF THE PREMISES
Section 6.1 Use. At aIl times during the Lease Tenn, Lessee shall have the right to conduct a
commercial aviation business in upon the premises using the trade names "StandardAero,"
"Garrett Aviation Services," or any combination thereof, and any other �rade name owned by
Lessee, its subsidiaries, Corporate Successors or divisions, and for the foliowing purposes:
a. The sale of aircraft, aircraft parts, supplies and equipment of every lcind and
character, and any other items incidental to aviation except the saIe of aviation fuels, it being
expressly understood that no aviation gasaline or turbine fuels shall be stored or braught upon
the Leased Premises for either use or resale hy Lessee or its custoiners, guest, or patrons, other
than fuels purchased from Lessor for Lessee's sole use (subject to the provisians of Section 6.5
hereo fl.
b. The servicing, repair, storage, maintenance, testing, and modification af aireraft
and aircra$ parts and aircraft engin�s owned by Lessee and its customers.
c. The conduct of charter, cargo, and passenger services, provided that such
activities do not result in .Lessee being deemed to be or classifi�d as a"Common Carrier" as
defined by t�le Civil Aeronautics Board.
d. The conduct of training schools relating to any and all phases of aviation.
e. Any other activities incidental to Lessee's aviation business.
Section 6.2 Limitations on Use. In connection with the exercise of its rights under this
Lease, Lessee shall not:
0003092R,DOC/582b.00026 - �4 -
(a) Do or permit its agents, employees, contractars, directors, or officers to do
anything at or about the Airport that may interfere with the effectiveness or accessibility of t��e
drainage and sewage system, electrical system, air conditioning system, fire protection system,
sprinkler system, alarm systenn, and fire hydrants and hoses, if any, installed or located �n ar
within #he premises of the Airport.
(b) Do or permit its agents, emplayees, contractors, directQrs, or officers to do any
act or thing upon the Airport that will invalidate or conflict widl any fire or other casualty
insurance policies covering the Airport ar any part thereof.
(c) Dispose of any waste material or praducts (whether liquid or solid) taken from or
used with respect to its aircraft into the sanitary or storm sewers at the Airport uniess such waste
material or products are disposec� of in fuil and coinplete compliance witli ail federal (inciuding
the U.S. Environmental Protection Agency}, State, and County ]aws for disposal of such waste
material and products.
(d) ICeep or store, at any time, flammable or combustible liquids except in storage
facilities especially constructed for such purposes in accordance with federal, State, and County
laws, including the Unifonn Fire Code and tlle Unifarm Buiiding Code. For purposes of this
Lease, fla�nmable or combustibie liquids shall have the same def�nitions as set forth in the most
recent Uniform Fire Code.
(e} Do or permit its agents, employees, contractors, diz•ectors, ar off cers to do any act
or thing upan the Airport that will be in conflict with CFR Part 139 or jeopardize tlie Airport's
operating certif eate.
{� Do or permit its agents, employees, contractors, directors, or officers to do any act
or thing in canflict with the Airport's TSA-appraved security plan.
Section 6.3 Abandonraent of the Premises. Lessee agrees not to abandon or vacate the
Preinis�s during the periad of this Lease and agrees to use the Premises for the purpose herein
leased until the expiration or earlier termination of this Lease in accordance with the terms of this
Lease.
Section 6.4 Alterations, Additions and Chan�es. Lessee shall not, without the prior written
consent of Lessor, which consent shall not unreasonably be withheId or delayed, make any
alterations, changes or additions, stnictura3 or otlienvise, in or upon any part of the Leased
D003092R.DOC/SA26.UOf)2G - 15 -
premises. Lessee shall not erect any exterior signs on the Premises, except as provided in
Section 6.8 hereinbelow. Prior to making any such alteration, addition or improvement, Lessee
shall submit written plans and drawings respecting same to Lessor, and Lessor shall approve or
disapprove same within sixty (60) days after receipt thereof. If Lessor fails to disapprove such
plans and drawings by notice in writing to Lessee within such time, they shall be deemed
approved. All alterations, additions and impravements shal] be done in a good and workmanlike
manner and in accordance with all applicable laws without impairing the structural soundness of
the buiiding. Lessor agrees, if necessary, to join in any applications ta �overnmental authorities
for such permits as may be required to do the work contemplated in this Section. All
applications and permits shaIl be at Lessee's sole expense. Any permanent additions, alterations
to or improvements of the Premises which cannot be removed without material damage to the
Premises shall become part of the realty and belong to Lessor unless otherwise agreed by Lessor
and Lessee. Lessee shall Ue responsible for the cost of repair of any physical injury to the
Premises caused by the instalIation or removal of any property. Upon expiration of the Lease
Terrn, or earlier termination hereof, Lessee shall remove such reinovable items at its sole
expense, and if Lessee fails to do so, Lessor may remove such items, and Lessee shail pay to
Lessor t�le cost of such removal as additional rent.
Section 6.5 Stora�e and Sale of Gasoline and Fuels. It is understood and agreed by the
Parties hereto that Lessor has reserved unto itself exclusive contral of the storage and sale of all
Fuel (as that term is hereinafter defined) on or a�out the Airport, except as specifically provided
for herein. .
a. Definitions
1) "After Hours" shall mean work hours I O p.m. ta 6 a.m. daily.
2) "Co-mi�gled" fuel shalI mean fuel tl�at is in dedicated storage and was
collected during the maintenance process. Co-mingled fuel is not to he used for
flight pur�oses.
3) "CosY' shall mean the amount tl�e Lessor pays for the fuel fram the
distributor on the date of delivery, plus aPplicable tax{es). In the event that
Lessee produces a certificate that it is exempt froin tax for fuei used in the Testing
Facility, applicable tax sha3] not be charged to Lessee. Documentatian af the cost
of the fuel shall be provided to Lessee upon request_
oon3ay?s.aociss�c�.ocx>>c, - 16 -
4} "Fuel" shaIl mean gasoline, diesel, jet fuel and aviation gasoline (100LL).
5} "Holidays" shall mean those holidays recognized by Augusta-Richmond
County.
6) "Regular I-lours" shall mean work hours from 6 a.m. through 10 p.zn.
daily, excluding Holidays.
b. Purchase of Fuel. Fram July 1, 2011, through and including June 30, 2016,
Lessee shall purchase Fuel from Lessor at Lessor's Cost plus ninety ($0.90) cents per gallon {the
"Purchase Price"), plus other appticable fees and charges set forth below. T'hereafter, through
fhe expiration of the Lease Term, the Purchase Price shall be Lessor's Cost plus bne dollar
($1.00) per gallon.
c. Flowa e� Fees. AlI d�Iiveries of Fuel sha11 be subject to ane of t��e following
Flowage Fees, as applicable:
1} Distributor's Deliveries. From July I, 2011, through and including lune
30, 2016, for eacI� Fuei delivery made directly ta Lessee's Fuel tank by any
p�rson or entity other than Lessor, Lessee shall pay to Lessor a Fuel Flowage Fee
of twenty-two ($0.22) cents per gallon, a pump-aff fee (when charged by fuel
transport company), and a one hour Labor Charge (alI to be billed monthly) in
addition to the Purchase Price. Thereafter, tluough tI�e expiration of the Lease
Term, the Fuel Flowage Fee for deliveries by any person or entity other than
Lessor shali be twenty-five (�0.25) cents per gallon. The pump-off fee (when
charged by fuel transport company) and one hour Labor Charge {to be billed
monthly) shall be paid, in addition to t12e Purchase Price and Fuei Flowage Fee,
throughout the Lease Term.
2} Delivej-ies fi°on7 Lessor's I�7vento�v. From July l, 2011, through and
including June 30, 2016, for each Fue1 delivery when Lessor delivers Fuel frorn
Lessor's inventory (whether Co-mingled Fuel or otherwise), Lessee shall pay
Lessor a Fuel Flowage Fee of ninety {$0.90) cents per gallon, in addition to the
Purchase Price. Thereafter, through the expiration of tlze Lease Term, the Fuel
Flowage Fee for deliveries from Lessor's Inventory shail be one ($ l.00) dollar per
�allon.
0003092R.DQC/SR26.0(H)2G - j 7 -
3) Deliveries,f•om Co-mingled Stoj When Lessor delivers Co-mingled
Fuel to Lessee from Lessee's Co-mingled Fuel storage, a Labor Charge shall be
charged to Lessee.
d. Labor Char�es. For the defueling and refueling of aircraft undergoing
maintenance and the handling of Coaningled Fuel, Lessee sliall pay a Labor Charge as
described below. Labor Charges include both iabor and all equipment charges (including
fuel for the vehicles and maintenance costs).
1} A� licnbility. A Labor Charge shall be assessed each time fuel is being
moved, but shall not apply to the purchase af Fuel under Section 6.3(b).
2) Re.gz:laj• Hotcrs Rate. The Labor Charge during Regular Hours shall be
calculated using a rate of Seventy-Two Dollars (�72.04} per hour, billable in one-
half hour increments.
3) Holzc�a��s and f1�er Ilours Rate. The Labor Charge during Holidays and
After Hours shall be caIculated one and a half tiines the Regular Rate, billable at
one-half haur increments; provided, however that the minimum Labor Charge
during Holidays and After Hours shali be based upon a minimum of four (4}
hours. That is, in the event the actual tiine spent is less than four (4) hours, the
Labor Charge shall be four {4} hours times the then-current Holidays and After
Hours Rate. In the event tl�e actual time spent exceeds four (4) hours, the Labor
Charge shall be the actual time spent times the then-curr�nt Holidays and After
Hours Rate.
4) Rate Increase. The Regular Rate shalI increase annually beginning 3uly l,
ZQ12, and each JuIy 1" thereafter, at three percent (3%) �er year, rounded ta tl�e
nearest dollar.
e. Test Cell Fuel Tank
1) Lessee may at its sole expense install and rnaintain a Fuel tank(s) on the
Prernised for its use solely in connection with the Testing Facility.
2) All such fuel shall be used only in the Testing Facility and shalt not be
placed in any aircraft or used for any other purpose.
3) Fuel storage tanlcs on the Premises shall meet all local, state and federal
requirements. Lessee shai] �neet any and al1 financial requirements for cleanup
OQ63092R.DpC/582b.UW2G _ 1 8 _
and liability arising from tank leaks as required by any local, state or federal
agency.
4} The following provisions shall govem the sale, delivery, and use of such
Fuel, to wit:
i. Fuel for the Testing Facility shall normally be delivered by the
Lessor's distributor directly ta Lessee's fuel tanlc pursuant to an order for
such Fuel made solely by personnel of the Lessor. On special occasions,
fuel may be delivered from Lessor's inventory and from Co-mingled
stock;
ii. The Testing Facility tanlc shall he locked and unl�cked by
personnel of the Lessor to insure that anly Fuel deliveries ordered by
Lessor's personnel are placed in the tanlc;
iii. A separate metering cievice shall be installed at Lessee's expense
between the tank and all user point, available for reading by personnel of
tize Lessor at regular intervals, to docwnent the Fuel flowing from the tank
to the Test Facility;
iv. Lessee shall be responsible for all costs related to flie installation
and maintenance of the tank and all assaciated equipment; and
v. The tank shall be of sufficient size (with minimum size of 10,OOa
gallons} to allow for the delivery of a fuIl laad in addition to whatever
minimum storage might remain in the tank. Lessor herein agrees that the
APU test cell fue] tank capacity of 3,000 gallons on the Date of this Lease
is acceptable to Lessor.
f. Work Orders. A worlc order in substantially the form of Exhibit "B" shall be used
to record the time used to calculate the Labor Charge. Billable time begins when a refueiing
truck is dispatched to an aircraft on behaIf of Lessee and ends at the time that the refueling truck
leaves the aircraft. A Lessee representative shall sign khis work order, and a copy will be
provided simultaneousty to such representative.
g. Fuel Discount. Lessee shall receive no discount/commission on the first 300,000
gallons of Fuel purcl�ased annually, computed on Fuel sales for its maintenance custviners
processed for payinent through a Lessee worle order. Then, Lessee shall receive a five percent
0003D9?B.DOG582G.OUO2G _ j C� _
_ _
{5%) discount/commission until such time as maintenance customers usage exceeds SOO,OdO
gallons annual usage. Thereafter, Lessee shaIl receive the same discbunt/commission for such
sales for its maintenance customers as the Airport's most favored base customers.
h. Meetin�s. Whenever requested by Lessor or Lessee, a meeting (or schedule of
periodic meetings) of representatives of Lessee with the Airport Director sha11 be held to discuss
any unresolved issues between the Parties and to improve communication between the Parties.
Seciion 6.6 Rules and Re�ulations. Lessee agrees that use of the Leased Fremises and that
its aperations in and upon the Leased Premises shall be conducted in compliance with all local,
state and federal laws, including but not limited to those of, or adrninistered by, the FAA or its
successor, TSA, the rules and regulations of the Airport, the ordinances and Code of Augusta-
Richmond County, the rules and regulations of the Augusta-Riclunond County Commission, and
all ruIes and reguIations of Lessor. The Air�ort Director will at a11 time be in ful] and complete
charge of said Airport.
a. Lessee furthcr agrees to endeavor ta conduct its business in such a manner as will
develop and maintain the gaod will and active interest of the general public.
b. Lessee specifically agrees that its operations shall be conducted in compliance
with all federal, state and local environinental laws, ruIes and regulations (colIectively,
"Environmental Laws"), and agrees to indemnify and hold harintess the Augusta Aviation
Cammission, Augusta, Georgia, tl�e Augusta-Richmond County Commission, and its elected
officials, officers, agents, employees and representatives, from and against any claims, actions,
demands or Iia6ilities (collectively, "Liabilities") to the extent such Liabilities are caused by
Lessee's failure to camply with Environmental Laws. Lessee's obligations hereunder sllall
inciude, witl�out limitation, and whether foreseeable or unforeseeal�le, all costs of any required
repair, cleanup or remediation of the Leased Premises or the Testing Facility necessary to
comply with Environmental Laws, provided such required repair, cleanup or remediation is
required because of Lessee's failure to comply wifl� Enviromnental Laws.
Section 6.7 Operatin� Standards. In providing any of the required and/or authorized
services ar activities specified in this Lease, Lessec shall aperate for the use and benefit of the
public and shal] meet or exceed the fallowing standards:
00030928.DOGSR?G.00OZG _ ?Q _
(a} Lessee shall com�ly with the reasonable minimum operating standards or
requirements, promulgated by Lessor, and as amended from tiine to time,
applicable to each of Lessee's activities on the Airport.
(b) Lessee sheli furnish its services on a fair, reasonable and nandiscriminatory basis
to all users of the Airport. Lessee shall furnish good, prompt and efficient service
adequate to meet all reasonable demands for its services at the Airport. Lessee
shall charge fair, reasonable, and nandiscriminatory prices for each unit of sale or
service; provided, however, that Lessee shall be allowed to m�Ice reasonable and
nondiscriminatory discounts, rebates, or other similar types of price reductions to
volume purchasers.
Section 6.8 SiQns. During the term of this Lease, Lessee shall have the right, at its expense,
to place in or on the Premises a sign or signs identifying Lessee. Lessee shall perinit thraugh
Lessor's appropriate division said sign or signs and such signs shall be of a size, shape and
d�sign, and at a location or locations, approved by Airport Director and in conformance with any
overal] directional graphics or sign �rogram established by Airport Director. Lessee's existing
signage as of July l, 2Q11, is approved. Notwithstanding any other provision of this Lease, said
sign(s} shall remain the property of Lessee. Lessee shal] remove, at its expense, all lettering,
signs and placards so erected on the Premises immediately upon tl�e expiration or terfnination of
this Lease, and at Lessee's sole expense, shall repair and restore any and all damage arising out
of or resulting from the installation or removal.
Section 6.9 Trade Fixtures. During the term af this Lease, Lessee shall have the right, at its
expense, to place in ar on the Leased Premises trade fixtures, fuinishings, personal property,
equipment and materials necessary to perform any servfces required or autharized hercunder.
Said tradc fixtures, furnishings, personal property, equinment and materials shall re�nain the
property of Lessee.
ARTICLE VII
APPURTENANT PRIVILEGES
DOU3[)42R.DOG58ZG.b002G - 7 � -
Section 7.1 Use of Air�ort FaciIities. Lessee shall be entitled, in common with others so
authorized, to the use of all facilities and improvements of a public nature which now are or may
hereafter be connected witl� or appurtenant to the Airport, including the use of landing areas,
runways, taxiways, navigational aids, terminal facilities and aircraft parking areas designated by
Lessor.
Sechon 7.2 Maintenance of Airnort Facilities_ Lessar shall maintain the Airport, except for
any leased portions of the Airport, including ramps and parking areas, whether a part of the
Leased Premises or not, in good repair, and shall make such repairs, replacements or additions
thereto as it considers, in its sole discretion, necessary for the safe and efficient operation of the
Airport.
Section 7.3 Aerial Apnroaches. Lessor reserves the right to take any action it considers
necessary to protect the aeriai approaches of the Airport against obstruction, together with the
right to prevent Lessee from erecting, or permitting to be erected, any building or other structure
an or adjacent to the Airport which, in the opinion af Lessor, wouId limit the usefulness af the
Airport or constitute a hazard to aircraft.
Section 7.4 Use of Landing Areas,. It is expressly understood and agreed by the Parties
hereto #hat the use of all landing areas at Airport shall be open at all times to all persons, firms,
and corporations desiring ta use same, provided onIy that such use shall be in accordance with
the rules and regulations of the United States Government, TSA, FAA, the laws of the State af
Georgia, and the rules and regulations of Lessor. Any access to the landing areas from the
Leased Premises shall be provided and maintained by Lessor in accordance with FAA standards.
Section 7.5 Parkins. Lessee's employees, patrons, and suppliers shall have the right to use in
common with others the existing public automobile parlcing areas in the general vicinity of the
Lessee's Leased Premises and designated by the Lessor as public parking.
Sectian 7.6 Securi . Lessee shall nat bring into or operate any vehicle ar motorized
equipment within any air Qperations area, unless having first complied with all insurance
provisions and requirements specifted in tIiis Lease, as well as the Airport Vehicle Training
Program and the Aiiport Lessee Security Prograin, as defined by TSA. When operating within
OOU3O928.DOC/SR26A0026 - 27 -
any air operations area, Lessee shall cause its vehicles and equipment to move directly to and
from the entrance gate or Lessee's Premises and the aircraft and sha]] not enter or move about
any ofller non-movement area. Lessee, its officers, employees, agents, and those under its
control, shall comply with s�curity measures required of Lessee or the Aviation Cornmission by
the FAA, TSA, U. S. Department of Transportation, or contained in any Airport master security
plan approved by the TSA, including an Airport Lessee Security Pragram as autlined in 49 CFR
Part 1542 respective to Lessee's Exciusive Use Space. If Lessee, its officers, employees, agents,
or those under its control shall fail or refuse to comply with said measures and such
noncompliance results in a monetary penalty being assessed against the Aviation Commission,
#hen Lessee shall be responsible and shalI reimburse the Aviatian Commission in the full amount
of any such monetary penalty or ather damages, including reasonable attomey fees and other
costs to defend the Aviation Commission against such claims. Lessee sl�all be responsible for
having employee bacicground checks performed through the Aviatian Security Clearing Hause
for all of its employees at the Airport. If Lessee asks the Aviatian Commission to perform these
background checks for its employe�s at the Airport, Lessee shali reiinburse the Aviation
Commission its cost plus fifteen percent (I 5%) for administration.
ARTICLE VIII
INDEMNITY; INSURANCE
Sectian $.1 Insurance. Lessee agrees to carry and maintain in force at all times during the
Lease Term, at Lessee's sole expense, the insurance described in subsections (a) through (fl of
this Section, for itself. The Parties understand and agree that the minimum limits of the
insurance required herein may become inadequate during tlie Lease Term and that, if it in any
way, directly or indirectly, cantinbently or otherwise, affecis or might affect the Airport or
Augusta-Richmond County, as determined in the sole but reasonable discretion of the Airport
Director, the Parties agree that Lessee wiU increase such minimU�n limits by reasonable amounts
on written request of the Airport Director, with the concurrence of the Augusta-Richmond
County Risk Manager. No written amendment of this Leasc shall be required to effectuate said
increases in miniinum limits.
0003042B.DOGS$26.ODU2(i - 73 -
a. Coinmercial General Liability and Aviation Liability Insurance including
contractuai Iiability insurance, product and completed operations, personal and advertising
injury, property damage and death, occurring in connection with the use and occupancy of the
Premises or arising out of their ownership, improvement, repair or aIteration of the Premises with
limits af liability of not less than Five Million Dollars {�S,OOO,Q00.Q0) for personal injury
(including death) and property damage, cambined single iimit. The foregoing insurance may be
maintained under blanket policies.
b. Worker's Compensation lnsurance covering all employees af Lessee employed in,
on or about th� Airport in order to provide staiutory benefits in compliance with the applicable
Workers' Compensation Act{s) of the State of Georgia, in amounts required by statute. Such
policy{ies} sha13 be endorsed to scate that the workers' compensation carrier waives its right of
subrogation against Augusta-Richmond Caunty, the Aviation Coirunission, the Airport, and their
officers, agents, elected and appainted officials, repres�ntatives, volunteers, and emplayees.
c. Einplover's Liability Insurance, with limits of liability of not less than One
Million Dollars ($1,000,000.00) for each accident/discase.
d. Autoinobile Liabilitv Insurance with liinits of liability of not less than One
MiIlion Dallars ($5,000,400.00) each occnrrence for Uodiiy injury and properiy damage for all
owned, non-owned and hired vehicles operated by or on behalf of Lessee on the Premises or
elsewhere at the Airport, including any additional "or replacement vehicles.
e. EnvironmentaI / Pollution Liability Insurance witli ti:nits of liability in the amount
of not less than Five Million Dollars ($S,OOO,OOd.00), including coverage for third party
pollution liability, remediation coverage, and offsite cleanup.
f. Han�earkeepers Liability Insurance in an amount adequate to cover any aircraft or
non-owned property in the car, custody, and control of Lessee, with limits of liability of not less
than Five Million Dollars ($5,Q00,000.00} per occurrence.
Sectian 8.2 Indemnitv. Lessee agrees to indemnify and hold Lessor, and its officers, agents,
elected and appointed officials, F•epresentatives, volunteers, and employees harmless from and
against any and all liabilities, losses, suits, judgments, fines, deinands, and claims for damages to
ouo�o��za.uacisR?�.00az� - 24 -
persons (inclucling death) or property, inctuding but not limited to attomey's fees, court costs, and
expert witness fees, of any nat�,�re whatsoever arising out of or incident to the use or occupancy of
the Premises, unless such injury, d�ath, or clamage is caused by the sole gross negligence of the
Aviation Commission_
Lessee agrees to indemnify and hold harmless Lessor from any and al] cIaims in any way related
to or arising out of Lessee's performance or failure ta perform its obligations hereunder or
related to or arising aut of any damage or injury to property or persons, occurring or allegedly
occurring in, on or about the Premises during the period from the date of this Lease to the end of
the Lease Term, including reasonable attorney's fees and expenses of ]itigation incurred by
Lessor in connection therewikh; provided that Lessee shall nat be obligated to indemnify Lessor
for the negligent or intentional acts of Lessor or Lessor's officers, directors, agents, employees,
or contractors.
Section 8.3 Hazardous Substances. Lessee hereby agrees to indemnify Lessor and hold
Lessor, its officers, agents, elected and appointed officials, representativas, volunteers, and
employees harmless from and against any and al] losses, liabiIities, including strict liability,
damages, injuries, expenses, including reasonable attorney's fees, costs of any settlement or
judgment and claims of any and every kind whatsoever paid, incurred or suffered by, ar asserted
against, Lessor by and any person or entity or governmental agency for, with respect to, or as a
direct or indirect result of, the presence on or under, or the escape, seepage, leakage, spillage,
discharge, emission, or release from the Premises of any Hazardous Substance (including,
without limitation, any losses, liabilities, including strict liability, damages, injuries, expenses,
including reasonable attorney's fees, cosCs of any settlement or judgment or claims asserted or
arising under the Comprehensive EnvironmentaI Response Compensation and Liability Act, any
so-called federal, state, or local "Superfund" or "Superlien" laws, statutes, law, ordinance, code,
rule, regulatians, arder or decree regulating, with respect to or imposing liability, including sfict
liability, in regard to any Hazardous Substances), regardless of whether wifllin the cantrol of
Lessee. For purposes of this Lease, "Hazardous Substances" shall mean and inclucle those
elements or campounds which are contained in tl�e list af hazardous substances adopted by the
United States Environmental Protection Agency (EPA) and the Iist of toxic pollutants designated
by Congress or the EPA or defined by any other federal, state or loca3 statute, law, ordinance,
OOU30928.DOC/5826.0002G - 2S -
code, rule, regulations, order or decree regulating, relating to, or imposing liability or standards
of conduct concerning, and hazardous, toxic or dangerous waste, substance or material as now or
at any ti�ne hereunder in effect_ If Lessee receives any notice of (i) the happening af any
material event involving the spill, release, leak, seepage, dischaxge or cleanup of any Hazaz
Substance on the Leased Property or in connection with Lessee's operations thereon, or (ii) any
complaint, order, citatian or material notice with regard to air emissions, water discharges, or any
other environmental, health or safety matter affecting Lessee (an "Environmental Comglaint"),
from any p�rson or entity (including without limitation, the EPA), then Lessee shall immediately
notify Lessor orally and in writing of said natice. Any breach of any warranty, representation or
agreement contained in this Section shall be an Event of Default hereunder and shall entitle
Lessor to exercise any and all remedies provided in this Lease, or otherwise permitted by law.
Section 8.4 Fire and Other C�sualtv. Lessee shall purchase and maintain in effect during
the term of this Lease, and any extension or renewal af this Lease, policies of insurance written
by a company or companies qualified to do business in the �tate of Georgia, providing insurance
coverage against fire and extencled coverage to all alterations, modificati�ns and improvements
to the Pr�mises, which policies shalI be in an amaunt equal and sufficient, subject to approval by
Lessor, to cover the full replaceinent cost of improvements on or to the Premises. Lessee shall
increase the insurance coverage in an amount equal and sufficient to caver the replacement cost
of any additional alterations, modifications or irnprovements on the Premises, in the event
additional altera.tions, modif�cations or improvemenis are made during the term, or any extension
or renewal, of this lease agreement. If tlle improvements on the Premises shall be damaged or
destroyed by fire or other casualty, the same shall be repaired or replaced urilizing thc praceeds
of the insurance coverage required to be maintained by Lessee under the terms of this Lease. In
the event such darriage or destruction renders the Preinises untenable, the rent required to be paid
hereunder shall nevertheless continue to be paid by Lessee without interruption during the period
of repair or replacement.
Section 8.5 Additior�al Provisions
a. All poIicies providing insurance coverage required to be maintained by Lessee
hereunder shall ]ist the Augusta Aviatian Commission, Augusta-Richmond County, Georgia, and
the Augusta-Richmond County Commissian, Lessee and their officers, agents, representatives,
eIected and appointed offcials, volunteers, members, employees and successors as additional
00o3o��as.�ocisazc,.000?� - 26 -
named insured or loss payee, as their interests may appear. AlI such policies shail provide that
na act or omission of Lessee or its agents, servants, or employees shall in any way invalidate an
insurance coverage for the other named insured. All such policies shall include the following
language: "It is agreed that this insurance policy shall apply as primary, and any insurance And/or
self-insurance as may be maintained by Augusta-Richrnond County, the Aviation Commission,
and/or the Airport sha11 appIy in excess of, and shall not cantribute with, insurance provided by
this poticy." No insurance policy providing any insurance coverage required to be provided by
Lessee hereund�r shall be cancelable without at least fifteen (15) days advance written notice to
Lessor. Atl insurance rec�uired hereunder may be maintained under blanket policies insuring
other facilities of Lessee. Lessee shalI provide Lessor with a certificate(s) of insurance
evidencing d�e foregoing insurance coverage npon request.
b. The cost of premiums for all policies of insurance required by this Lease shall be
paid by soieiy Lessee.
c. A]] insurance rcquired under this Lease sl�all be maintained with insurance
underwriters who have a Best's rating or equivalent of A:X or who have been approved by the
Airport Director and shall be issued by an insurance carrier or cazriers licensed to do business in
the State of Georgia and reasonably acceptable to Lessor, in its sole Uut reasonable discretion.
ARTICLE IX
DEFAULT
Section 9.1 Events af Defaalt. TI1e occurrence and continuance of any of the following
events shall constitute an Event of Default:
a. failure by Lessee to pay any Rent or any other monetary a�nounts due he�under, on
or before the date such payment is due;
b. failure by Lessee to observe, perform, or keep any other tenn, provision, covenant
or condition herein required to be observed, kept or performed by it, for more than thirty (30)
days after the Lessea receives written notice of such default or, if such failure cannot reasonably
be cured within tI�irty (30) days, failure by the Lessee to co�nmerce to cure the same within thirty
(30) days after receiving written natice;
(H1D3092R.DOClSR2h.0002G - 27 -
c. be adjudicated a bankrupt or an �rder far relief is entered in any bankruptcy
proceeding
d. have a pe�rnanent receiver appointed for Lessee's property;
e. the Lessee allows this Lease to be taken under any writ or execution;
f. valuntarily or involuntarily take advantage of any debtor relief proceeding under
any present or future law;
g. make an assignment for benefit of creditors;
h. have any of Lessee's property levied upon or attached under any prdcess against
Lessee ar Lessee's property;
i. the occurrence of an event of default under any other lcase or other confiract
agreement between the Parties hereto; or
j. do any act or fail co do any act which would constitute an event of default of this
Lease recognized by any applicable law.
Then, in any such even#s, the same shall constitute a breach by Lessee of this Lease and at Lessar's
sole discretion and option, Lessor may declar� Lessee in default or breach of this Lease by
dispatching a written notice to Lessee at Lessee's address hereinafter set forth in this Lease.
Izn�nediately after dispatching t1�e notice of breach or notice of default, the Lessor may immediately
begin puisuing any of the remedies hereinafter set forth.
Section 9.2 Remedies UAOn Default. Upon the occurrence of an Event of Default not
reinedied pursuant to Section 9.1 above, Lessor may:
(] ) Terminate the Lease, in whicll event Lessee shall immediat�ly surrender
possession of the Premises to Lessor and i�runediately remove all of Lessee's persanal property
therefrom, and Lessor may forthwith reenter the Premises and repossess himself there of the
Premises, and remove all persons and effects therefrom, using such reasonable force as may be
necessary without being guilty of trespass, farcible entry or detainer or od�er tort. On any such
termination of the Lease by Lessor, Lessee shall continue to be liabte to Lessor for any Unpaid rent
which is due up to and including the date oftermination ofthe I.ease by Lessor, or
(2) Lessor may, without tenninating this Lease, may at Lesso�'s option enter
upon and relet the Premises at the best price obtainable by reasonable effort, with or without
advertisement, and Uy private negotiations and far any term Lessor deems proper. In which event
U003i)92$.DOG582fi.0Of126 - 28 -
Lessee shall be liable to Lessor for the deficiency, if any, between Lessee's rent and other amounts
due he�under and flie funds actually obtained by Lessor on reletting; or
{3) Any otherrights ar remedies authorized herein or by any appticable law
Section 9.3 Removal. In addition to aII other rigl�ts and remedies it may have, Lessor inay
reenter and attempt to relet without terminating, and remove alI persons and property from the
Leased Premises upon the occurrence and cantinuance of an Event of Default not remedied
pursuant to Section 9.1 above. Upon any such Event of Default, Lessor may remove such
property and store it in a public warehouse, or elsewl�ere, for Lessee's account and at Lessee's
expense, without service of notice or resort to legal process, and without being deemed guilty of
trespass or becoming liable for any resulting loss or damage.
Section 9.4 Ri�ht of Re-Entrv, Re-LettinE; Deficiency. If Lessor (i) elects to reenter and
attempt to relet, or (ii) takes possession pursuant ta iegal proceedings or any notice provided by
law, it may, from time to time, make whatever alterations and repairs are required relative to all
or part of the Leased Premises for any term or tenns (which may extend beyond the term of this
lease), at any rental or rentals, and upan any other terms and conditions Lessor deems advisable.
All rentals received by Lessor from each such reletting shall be applied first, to the payment of
such reletting, including brokerage fee and attorney's fees' third, to the payment of rent due and
gayable l�ereunder. If the rentals received from such reletting d�ring any month are less than
those to be paid during that month by Lessee as Additional Rent hereunder to Lessee, Lessee
shall pay such deficiency to Lessor. Such deficiency shall be calculated and paid monthly. No
such reenh or takin� possession of tl�e Leased premises by Lessor shall be construed to
terminate this Lease unless the terminatian thereof is ordered by court of competent jurisdiction.
In addition to all other rights and remedies which Lessor may have a# law, in equity or
hereunder. Lessor may recover from lessee (i) ali damages incurred Uy rcason of such breach and
(ii) reasonable attorney's fees. All of the above amounts shall be immediately due and payable
from Lessee to Lessor.
Section 9.5 Payment uf Costs �nd Expenses Upon Default. Lessee shalI pay upon demand
all of Lessar's reasanable charges and expenses incurred in recoverin� all sum due hereunder, or
arising out of the breach of any covenant hereundcr or for any other relief a�ainst Lessee,
f)U(?3492R.DOG582G.00(126 _ 7�
including reasonable attorney's fees and expenses of litigation, the fees af counsel, agents, and
others retained by ofiher right and remedies at law, in equity, or hereunder. If Lessor prevails in
any action braught by it against Lessee for relief hereunder, Lessee shaIl pay Lessor reasonab3e
attomey's fees and all court costs.
Section 9.6 No Waiver. No waiver of any covenant or condition of this Lease ar of the
breach thereof shall be deemed to constitute a waiver of any subsequent breach of such covenant
or condition, or to justify or authorize the nonobservance on any other occasion of the same or
any other covenant or condition hereof. No waiver ar indulgence granted by Lessor to Lessee
shall be taken as estoppets against Lessor. Lessor's acceptance of rent, or its failure to promptly
avail itseIf af any or all of its rights ar remedies at any tirne while Lessee is in defauIt under any
covenant or condition hereof, shall not be canstrued as a waiver of such default.
Section 9.7 Ri�hts Cumulative, Non-Exclusive. Lessor's right and remedies hereunder shall
be deemed to be cumulative and not exclusive af all other rights and remedies which it may have
at law or in equity (other than its right to terminate this Lease as specifically limited herein), and
I.essor znay exercise any such right or remedy at any one or more times withaut impairing its
standing to subsequently exercise any other right or re�nedy.
ARTICLE X
MISCELLANEOUS
Section 10.1 Notices. All notices, demands, and request which may or are required to be given
by either Lessar or Lessee to the other shall be in writing and shall be deemed to laave been
properly given when sent postage pre-paid by re�istered or certified mail (with retun� receipt
requested) addressed as follows:
a. If to Lessee:
StandardAero
VP/General Manager
1550 Hangar Road
Augusta, Georgia 3Q906
(10U3092R.DOC/5826.000?6 - jo -
With capy to:
StandardAero
Contracts/Legal
3i33 General Hudnell Drive
Suite l00
San Antania, Texas 7$226
b. If to Lessor:
Augusta Aviation Commission
Augusta Regional Airport
1501 Aviation Way
Augusta, Georgia 30906-9b00
Attention: Aviation Director
With copy to:
Augusta-Riclunond County, Georgia
c/o Adininistrator
530 Greene Street
Augusta, Georgia 30911
Either Party may change #he address and name of addressee to which subseyuent notices are to
be sent by notice to the other given as aforesaid.
Section 10.2 Cavenants Bind and Benefit Successors and Assi�ns.
The pravisions of this Lease shaIl be binding upon and inure ta the benefit of the Parties hereto
and their respective successors and pennikted assigns; provided, however, that no one shall have
any benefit or acquire any rights under this Lease pursuant to any conveyance, transfer, or
assignment in violation of any of its provisians.
Section 10.3 GoverninQ Law. Tl�is Lease shal] be governed by and interpreted under the laws
of the state of Georgia.
Section 10.4 Venue. All claims, disputes and other matters in question between the Lessor and
the Lessee arising out of or relating to the Lease, or the breach thereof, shall be decided in the
Superior Court of Richmond County, Georgia. Tlie Lessee, by executing this Lease, specif cally
consents to venue in Richmond County and waives any right to contest the venue in the Superior
Court of Rich.�nond County, Georgia.
OW3092R.DOC/�826.0(H)2G - 3 j -
Section 10.5 Force Maieure. Neither Party shall be held to be in breach of this Lease because
of any failure to perform any of its obligations hereunder if said failure is due to any act of God;
fire, fload, accident, strike, riot, insurrecrion, war, or any other cause over which that Party has
no control; provided, however, that the foregoing pravision shall not apply to failure by Lessee
to pay fees, rents or ather charg�s to Lessor or to repair improvements pursuant to Article 5 of
this Lease.
Section 10.6 Waiver. The waiver of any breach, violation or default in or with respect to the
perfonnance or ohservance af the covenants and canditions contained herein sha11 not be taken to
constitute a waiver of any subsequent breach, violation or default in or with respect to the same
or any other covenant ar condition hereof.
Section 1d.7 Di'spute. Any disputes arising out of, relating to ar resulring from the terms or
conditions, performance, or alleged breach or faiIure to perform under this Lease shall be
amicably resolved if possiE�le. If gaod faitl� efforts by both Parties to resolve a. dispute are
unsuccessful, aIl disputes shall be resolved through litigation. The P�rties hereby agree that, in
the event litigation is ernployed to resolve any such dispute, the Parties expressly consent and
agree that jurisdiction and venue are proper in the Superior Court of Richmond County and in the
United States District Court for the Southern District of Geargia, and all such litigation shail be
conducted only in such courts.
Section 10.8 Severabilitv. In the event any provision of this Lease shall be laeld invalid or
unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render
unenforceable any otl�er provision hereof.
Section 10.9 Execation of Counternarts. This Lease may be executed in several counterparts,
each of which shall be an original and all of which shall constitute but one and tYie same
instrument.
Section 10.10 Covenants Run rvith Premises. The covenants, agreements, and conditions
herein contained shall run with the Premises hereby Ieased and shall be binding upon, inure to
the benefit of, and be enforceable by the Parties hereto and their respective succ�ssors and
assigns.
O(H13U928.DOG582G.01)0?b - 32 -
Section 10.11 Entire A�reement. 7'his Lease contains the entire agreement of the Parties, and
no representations, inducements, promises or agreeinents, oral or otI�erwise, between the Parties
not embodied herein shall be of any force or effect. This Lease supersedes any prior agreements
with respect thereto. This Lease shall inure to the benefit of and be binding upon the Lessor, ti�e
Lessee, and their respective successors and assigns. No failure of either Farty to exercise any
power given it hereunder, or to insist upan strict compliance by either Party of any obligations
hereunder, and no custom or practice of the Parties at variance wiEh the terns hereaf shall
constitute a waiver of either Party's right to demand exact cornpliance with the terms hereaf.
Section 10.12 A1�provat bv the Au�usta-Richmond Countv Commission. The Augusta-
Richmond County Commission shall cause this Lease to be executed by its Mayor for the
purpose of Acknowledging approval by d�e Augusta-Richmond County Commission of said
Lease.
Section 10.13 Amendment. This Lease Inay not be amended at any time except by written
agreement of the Lessor and the Lessee.
Section 10.14 Eminent domain. If the Premises shall be taken or condemned by any competent
authority, including the FAA, for any governmental or public use or purpose, or conveyed to
such authority in lieu of a threatened or imminent condemnation, the tenn of this Lease shall
cease and terminate from the date of such taking or conveyance. In such case, the current rentat
shall be abated as of the effective date of such talcing ar conveyance, and the award shall belong
to and be the sole property of Lessor.
Sec#ion 10.15 lnterest; Attornev fees. Any Additional Rent or other payment required to be
paid by Lessee ta Lessor hereunder (excegt Basic Rent), if not paid within 5 days of the due date,
shall bear interest from the date the same became due until the date payment is received by
Lessor at the rate of 1% per month (12% per annum). If Lessee fails to pay any Additional Rent
or any other payment required to be paid by lessee ta Lessar l�ereunder (except Basic Rei�t) and
the same is coIlected through the services of an attorney at law, Lessee shall pay to Lessor
attorneys' fees in the amount of fifteen percent (15%) of the total ainount due from Lessee and
al1 reasonable ex�enses of litigation.
0�030928.DOC/SN26.ODU2G - 33 -
Section 10.16 Casual . In the event that any fixed improvements erected on the Premises by
Lessee, pursuant to this Lease, are damaged or destrayed by fire, act of God, or other casualty,
Lessee shall immedia#ely repair the improvements and restore them to a condition at Ieast as
good as existed immediately before the casualty. In the event that any other part of the Leasec�
Premises are damaged or destroyed by fire (not caused by Lessee's operation of the Leased
Premises), act of Gad, or other casuaity, Lessor shall immediately repair the Leased Premises
and restore them to a condition at least as good as existed immediately before the casualty.
While the improvements are being so repaired and restored, the rent hereunder shall abate only to
the extent that the Leased Premises are rendered substantially untenantable by such damage.
Section 10.17 Titie to Equipment and Improvements. Tt is mutually understood and agreed
that all buildings and structures and all other improvements of a permanen# character now or
hereafter constructed or installed upon or included as a part tif the Leased Preinises by Lessor or
Lessee, including all plumbing, heating, and air conditioning equipment and other fxtures
affixed thereto, shall be and remain the propezty of the Lessor and that fee simple title to the
same shall be vested in Lessor; provided, however, all movable equipment, fixtures, and other
property brought or installed upon the Leased Premises by Lessee shall remain the property of
the Lessee. .Prior to or within forty-five (45) days after the expiration of the term of this Lease,
Lessee inay remave all or any part of its said property from the Leased Premises provided that
the Lessee shall repair and restore any damage to the Leased Premises occasioned by such
removal. If at the expiration of said forty-five {45} days such equipment, fixtures or other
property have not been removed from the Leased Premised, same shall become the property of
Lessor.
Section 10.18 Insaection bv Lessor. Lessor, its authorized afficers, employees, agents or
representativcs shal] have tlje right to enter upan the Leased Fremises to make inspections during
regular business hours when a representative of the Lessee is prese��t, or at any tiine in case of an
emer�ency to determine whether Lessee has complied with and is complying with the tenns and
conditions of this Lease; provided, however, that said inspections shali in no event unduly
disrupt or interfere with the operation of Lessee.
0(M)3092$.bOG5R26.0(X)2[� - 34 -
Section lQ.l9 Non- Exclusive rights. It is understood and agreed by #he Parties hereto that
nathing herein contained shall be constrned to grant or authorize the granting of any exclusive
right within the meaning of Section 3030 aFthe Civil Aeronautics Act, as amended. In the event
of any conflict between the provisions of this paragraph and the provisions of any other
paragraph of this Lease, the terms of this paragraph shall control. Lessor reserves the right, at its
sole discretion, to grant others certain rights and privileges upon the Airport which are identical
in part or in whole to those granted to Lessee.
Seckion 10.20 Non-Discrimination. Notwithstanding any other provision of this Lease, during
the performance of this Lease, Lessee, for itself, its heirs, personal representatives, successors in
interest and assigns, as part of the consideration of this Lease dQes hereby covenant and agree, as
a covenant running with the land, that:
(a) No person on the grounds of race, color, religian, sex or national origin shall be
excluded from participation in, denied the benefits of, or otherwise be subjected to
discriminatian in the use of the .Leased Premises;
(b) In the construction of any improvements on, over or under tlle Leased Premises,
and flle furnishing of services therein or thereon, no person on the grounds of
race, color, religion, sex or national ori�in shall be excluded from participation in,
or denied the benefits of, such activities, or otherwise be subjected to
discrimination;
{c) Lessee shall use the Premises in compliance witli all other requirements imposed
by or pursuant to Title 49, Code of Federal Regulatians ("C.F.R."), Department of
Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in
Federally Assisted Progra�ns of the Departtnent af Trarisportation — Effectuation
of Title VI of the Civil Rights Act of I964, and as said regulations may be
amended.
(d} In the event of breach of any of the above nondiscrimination covenants, Lessor
shall have the right to terminate this Lease and to reenter and repossess the
Premises and hold the same as if said Lease had never been made or issued. Tl�is
provision daes not become effective until the procedures of 49 C.F.R. Part 21
have becn followed and completed includin� expirati�n of appeal rights.
!}(1D3092R.DOG5R2G.0IX33G - �5 _
(e) Lessee assures that it will tu�dertalce an affirmative action program, as required by
14 C.F.R. Part 152, Sub-part E, to ensure t�lat no person shall, on the grounds of
race, creed, ca�or, national origin, or sex, be excluded from participating in any
employment, contracting or leasing activities covered in l4 C.F.R. Part l 52, Sub-
part E. Lessee assures that na person shall be excluded, on these grounds, from
participating in or receiving the services or benefits of any program or activity
covered by Sub-part.
( fl Lessee assures that it will required that its covered organizations provide
assurance to the Lessee that they similarly will undertalce affirnaative action
programs and that they will require assurances from their sub-organizations, as
required by 14 C.F.R. Part 152, Sub-part E, to Ehe saine effect.
(g) Lessee agrees to comply with any affirmative action plan or steps for equal
employment oppartunity required by 14 C.F.R. Part 152, Sub-part E, or by any
federal, state, or tocal agency or court, includin�; thase resulting from a
conciliation agreement, a consent decree, court arder, or similar �nechanism.
Lessee agrees ta obtain a similar assurance from its covered organizations, and to
cause them to require a similar assurance of their covered sub-arganizations, as
required by �4 C.F.R. Part 152, Sub-part E.
Sectian 10.21 Requirements of the United States. Tl�is Lease shall be subject and subardinate
to the provisions of any existing or future agreement between Lessor and the United States, or
any agency thereof, relative ta the operation or maintenance of the Airport, the execution of
which has been or may be required as a condition precedent to the expenditure of federal funds
for the development or operatian of the Airport; provided, however, that Lessor shall, to the
extent permitted by law, use its best efforts to cause any such agreements to include �rovisions
protecting and preserving the rights of Lessec in and to the Premises, and to compensation for
the taking thereof, interference therewith and da�nage thereto, caused by such agreement or by
actions af Lessor or the United States pursuant thereto.
Section 10.22 Assignment; Sublettin�; No Waiver. Lessee shal] not, without the pr�or written
cansent of the Lessor, wl�ich consent shall not Ue unreasonably �vitl�lield or delayed, assign this
Lease or any interest there under, sublet the Leased Premises or ar�y part thereof or pennit die
{ll)l)30928.DOC/582G.0002G - 3� -
use of tlie Premises by any party other than Lessee. Any consent by Lessor hereunder shall
apply only to the specific transaction thereby authorized and shali not be construed as a waiver of
tlie duty of Lessee to obtain from Lessor consent to any other assignment, subletting or use. In
the event Lessor should grant such consent, all sublessees or assignees shall be liable directly to
Lessor for all obligations of Lessee hereunder, withaut, hawever, relieving Lessee from any
liability hereunder. Notwithstanding any provision contained herein to the conirary, Lessee shall
have the right, without first obtaining the consent of Lessor, to assign this Lease to, or sublet the
Leased premises in one or more subleases to, or permit the use of the Leases Premises by, any
corporation, partnership or other business entity which (directIy or indirectly) controls or is
controlled by Lessee. For purposes of the preceding sentence, "control" means tl�at Lessee has
the power to vote (or direct the voting of} more than fifty percent (50%) of the voting securities
of the entity. Lessee shall provide Lessor with prompt written notice of an assigrunent, sublease
or use described in the immediatety preceding two sentences and any such assignment, sublease
or ase shall not release Lessee from its obligations under this Lease.
Section 10.23 Re�ht of Enirv of Lessor. Lessor reserves the right to enter upon the Leased
Premises at all reasanable times to inspect the property, to perform any work made necessary by
Lessee's default he�•eunder, ta exhibit the property for sale or lease, or for the purpose of
obtaining financing.
Sectian 14Z4 Time. Time is of the essence of this Lease.
IN WITNESS WHEREOF, the parties hereto have caused these presents to b� executed
as of the date first written above.
AUGUSTA-RICHMOND COUNTY, GEORGIA
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U00]09�8.DOG582G.00025 - �,7 - .
AUGUSTA AVIATION CCU MISSION
��
By:
Title:
STANDARDAERO BUSINESS AVIATION SERVI�ES; LLC
. _
By:
As its: � C� �
(SEAL)
0003a�r_s.00asHZr,.ot�oz� - 38 -
EXHIBIT LIST
"A" Survey of Area Leased to Lessee
"A-]" Drawing Sl�o�ving "Zipper" Bui3ding
"B" Work Order
OQ03092$.DOGS�i?(i(1OQ36 - �9 -
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Aircraft Fuel Service Record EXHIBI'�'
Aircraft [d Tail #: Type: �
' Service Avfuel Circulated Fuel e Authentication
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Fuel Service � Time
Date ._��_.__
Truck # Gallons Refuel Defuel gegin End Elapsed Invoice Lineman 5tandardAera
Yr: Gallons Gallons # Name Signature
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Total Avfuet Fuel: (9aiions}. Work Order gallans: Work Order #:
Settlement. Date Settled: Customer gallons: Payment Type:
�CERTIFICATION. ( certify that aIl co-mingled fuel � y �
; was drained prior to refueling afrcraft with fuel for
j flight purpases anc! I received a copy of recard. _ Star�d.aLp,9�ero Reoresentative Sianature „_� , Printed Name ._�j�,�
Ops docs/formslGA Fuel Service Record.doc
-------------------------------------------------•------------•------------------------..._--------------------------------_._...----------------
Aircraft Fuel Service Record
Aircraft id Taif #: Type:
�__..._.�.
Service Avfuel Circulated Fuet _ Servlce Authenticatlon
Fuel Service � Time
� Da#e Refuel Defuei I Invoice Lineman StandardAero
# — Truck # Gallons �allons Gallons Begin End Elapsed f # Name Signature
Yr: �
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Total Avfuel Fuel: {�auons), Wark Order gallons: Work Order #:
Settlement. Date Settled: Customer gallons: Payment Type:
CERTIFiCATION. 1 certify that all co-minglad fuel � T
was drained prior to refueling aircraft with fuel far
flight purposes and I received a co�y of record. Standa�Aero Repleseniajiv_,�SjQ�ture Printed�
Ops DocslFormslGA Fuel Service Record.doc