Participation Agreement for Aircraft Ownership and Financing (Various Parties)

Summary

This Participation Agreement outlines the terms under which several parties, including Silvermine River Finance One, Inc., Aircraft Services Corporation, and Castle Harbour-I Limited-Liability Company, participate in the ownership and financing of specific aircraft identified by tail numbers. The agreement specifies the closing dates for each transaction and details the roles and obligations of each owner participant. The agreements are substantially identical except for the aircraft involved, the closing dates, and the owner participants.

EX-10.1 2 ex10-1_59444.txt PARTICIPATION AGREEMENT Exhibit 10.1 The Participation Agreement is incorporated by reference from the Company's Form 10K filed with the Commission for the period ending December 31, 2000. The four additional Participation Agreements are substantially identical in all material respects to the filed Participation Agreement except as follows: - -------------------------------------------------------------------------------- Aircraft (Tail No.) Closing Date Owner Participant - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- N362ML* October 19, 2000 Silvermine River Finance One, Inc. - -------------------------------------------------------------------------------- N363ML November 29, 2000 Aircraft Services Corporation - -------------------------------------------------------------------------------- N364ML January 30, 2001 Aircraft Services Corporation - -------------------------------------------------------------------------------- N365ML March 19, 2001 Aircraft Services Corporation - -------------------------------------------------------------------------------- N366ML April 19, 2001 Castle Harbour-I Limited-Liability Company - -------------------------------------------------------------------------------- - ------------- * Filed document