Trust Agreement between Company and Various Owner Participants for Aircraft Ownership

Contract Categories: Business Finance › Trust Agreements
Summary

This Trust Agreement is between the company and several owner participants, including Silvermine River Finance One, Inc., Aircraft Services Corporation, and Castle Harbour-I Limited Liability Company. The agreement establishes a trust structure for the ownership of specific aircraft, each identified by tail number and closing date. The trust arrangements are substantially identical for each aircraft, outlining the roles and responsibilities of the parties in managing and holding title to the aircraft.

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EX-10.2 4 dex102.txt TRUST AGREEMENT Note to 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 five 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 - ----------------------------------------------------------------------------------------------------- N367ML June 11, 2001 Aircraft Services Corporation - -----------------------------------------------------------------------------------------------------
- ---------- * Filed document