Trust Agreement for Aircraft Ownership and Operation (Silvermine River Finance One, Inc., Aircraft Services Corporation, Castle Harbour-I LLC)

Contract Categories: Business Finance › Trust Agreements
Summary

This Trust Agreement outlines the terms under which various parties, including Silvermine River Finance One, Inc., Aircraft Services Corporation, and Castle Harbour-I Limited Liability Company, hold ownership interests in specific aircraft. The agreement specifies the aircraft involved, their tail numbers, and the respective closing dates for each transaction. The parties agree to manage and operate the aircraft according to the terms set forth in the original Trust Agreement, with only minor differences for each additional agreement. The agreement ensures proper legal ownership and operation of the aircraft by the named participants.

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EX-10.2 3 ex10-2_59444.txt TRUST AGREEMENT Exhibit 10.2 The Trust 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 Trust Agreements are substantially identical in all material respects to the filed Trust 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