Loading...
HomeMy WebLinkAboutContract 62745CSC No. 62745 FORT WORTH SPINKS AIRPORT AIRCRAFT TIEDOWN LEASE AGREEMENT (Month-to-Month) This Aircraft Tiedown Lease Agreement ("Lease") is made and entered into by and between the CITY OF FORT WORTH ("Lessor"), a home rule municipal corporation organized under the laws of the State of Texas acting by and through Roger Venables, its duly authorized Aviation Systems Director, and the undersigned Twisted Distribution, LLC ("Lessee"), a Texas corporation, more fully identified in Section "A" of Exhibit "A" ("Aircraft Tiedown Lease Agreement Information"), attached hereto and incorporated herein by reference for all purposes. 1.Lessee hereby agrees to lease the property owned by Lessor and described in Section C of Exhibit "A" ("Premises"). Lessee accepts the Premises in its present condition. Upon the expiration or termination of this Lease, Lessee shall surrender the Premises to Lessor in the same condition, subject to ordinary wear and tear. 2.The term of this Lease shall commence on February 15, 2025 and will automatically renew on t h e f i r s t d a y o f each subsequent month unless canceled by either party by written notice provided to the other party not less than 30 days prior to the effective date of such cancellation. 3.A. Lessee agrees to pay Lessor the monthly rental set forth in Section D of Exhibit "A". Initial rent payment is due on or before the effective date of this agreement. Thereafter, monthly rental payments are due on or before the first day of each renewal month. B.Rental rates for each Renewal Term shall comply with the rates prescribed for the Premises by Lessor's published Schedule of Rates and Charges in effect at the same time. 4.Lessee may use the Premises only for parking of the aircraft described in Section B of Exhibit "A" and for no other purpose without the prior written consent of the Director of Aviation or authorized representative. 5.Lessee shall maintain the Premises in a good condition and keep the Premises free from trash at all times. Lessee shall not store, dispose of, or allow to stand any fuels, oils, solvents or other hazardous material on the Premises. Lessee shall not conduct or permit any action or activity that constitutes a nuisance, interferes with the use of any airport property by other tenants, or disturbs or endangers the general public in any way. 6.Lessor shall have the right to the Premises at any time in order to inspect or repair the Premises, or to perform repairs or maintenance to other airport property. 1.LESSEE HEREBY ASSUMES ALL LIABIUTY AND RESPONSIBILITY FOR PROPERTY LOSS, PROPERTY DAMAGE AND/OR PERSONAL INJURY OF ANY KIND, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE AIRPORT UNDER THIS LEASE OR WITH THE LEASING, MAINTENANCE, USE, OCCUPANCY, EXISTENCE OR LOCATION OF THE PREMISES, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. Month-to-Month Tiedown Lease Agreement Page 1 oflO LESSEE COVENANTS AND AGREES TO, AND DOES HEREBY, INDEMNIFY, HOLD HARMLESS AND DEFEND LESSOR, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROMAND AGAINST ANYAND ALL CLAIMS OR LAWSUITS FOR EITHER PROPERTYDAMAGE OR LOSS (INCL UDING ALLEGED DAMAGE OR LOSS TO LESSEE'S BUSINESS AND ANY RESULTING LOST PROFITS) AND/OR PERSONAL INJURY, INCL UDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR CHARACTER, WHETHER REAL OR ASS'ERTED, ARISING O UT OF OR IN CONNECTION WITH THE USE OF THE AIRPORT UNDER THIS LEASE OR WITH THE LEASING, MAINTENANCE, USE, OCCUPANCY, EXISTENCE OR LOCATION OF THE PREMISES, EXCEPT TO THE EXTENT CAUSED BYTHENEGLIGENTACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. LESSEE ASSUMES ALL RESPONSIBILITYAND AGREES TO PAYLESSOR FOR ANYAND ALL INJURY OR DAMAGE TO LESSOR'S PROPERTY WHICH ARISES OUT OF OR IN CONNECTION WITH ANY AND ALL ACTS OR OMISSIONS OF LESSEE, ITS OFFICERS, AGENTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES, PATRONS OR TRESPASSERS, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OFLESSOR. LESSOR DOES NOT GUARANTEE POLICE PROTECTION TO LESSEE OR ITS PROPERTY. LESSOR SHALL NOT BE RESPONSIBLE FOR INJURY TO ANY PERSON ON THE PREMISES OR FOR HARM TO ANY PROPERTY WHICH BELONGS TO LESSEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES OR PATRONS, AND WHICH MAY BE STOLEN, DESTROYED OR IN ANY WAY DAMAGED; AND LESSEE HEREBY INDEMNIFIES AND HOLDS HARMLESS LESSOR, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES FROM AND AGAINST ANY AND ALL SUCH CLAIMS, EXCEPT TO THE EXTENT CAIISED BY THE NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR. 8. Lessee shall procure and maintain at all times, in full force and effect, a policy or policies of insurance as specified herein, naming the City of Fort Worth as an additional insured and covering all public risks related to the leasing, use, occupancy, maintenance, existence or location of the Premises. Lessee shall obtain the required insurance specified to be maintained by a commercial tenant in accordance with Exhibit "B", the "City of Fort Worth Aviation Insurance Requirements" attached hereto and made part of this Lease for all purposes. Out of an abundance of caution and to avoid any doubt, Lessee shall be required to provide the same levels of insurance as required for Box Hangar, T-Hanger, and Community Hangar Leases outlined in E�ibit B. 9. A. The following events shall constitute events of default by Lessee under this Lease: (1) Lessee's failure to pay any installment of rent within 10 days following the date that payment was due; (2) Lessee's failure to comply with any term, provision or covenant of this Lease, other than the payment of rent, within 15 days following receipt of written notice from Lessor to cure such failure; or Month-to-Month Tiedown Lease Agreement Page 2 of 10 (3) Lessee's abandonment or vacation of the Premises. B. Upon the occurrence of any such events of default, Lessor shall have the option to terminate this Lease without further notice to Lessee. Upon termination Lessor shall have the right to take full possession of the Premises, and to remove any party remaining on the Premises without being liable for trespass or for any other reason which may stem from Lessor's termination or assertion of its right to terminate. In the event of termination, Lessee agrees to pay Lessor on demand the amount of all loss or damage that Lessor may suffer by reason of such termination. 10. Lessor shall always have the right to a lien on all aircraft and any other property located on the Premises. Lessee covenants and agrees that it will not remove from the Premises any such aircraft or other property unless Lessee has first paid Lessor all rent and any other sums of money to which Lessor is, at the time, entitled under the terms of this Lease. Upon the occurrence of an event of default by Lessee, Lessor may exercise any remedy a�ailable to it, either herein or by law, including Lessor's right to the demised Premises, take possession of the aircraft and any other property situated on the Premises and, after providing Lessee with five days' (5) written notice, sell the same at public or private sale. In this event, Lessor will apply proceeds from such sale, less any and all expenses incurred by Lessor in the possession or sale of the property, as a credit against any sums due by Lessee to Lessor. Any surplus shall be paid to Lessee, and Lessee agrees to pay any deficiency forthwith. Alternatively, Lessor may foreclose upon its lien on Lessee's aircraft and other property on the Premises as provided by law. Lessee acknowledges that such lien is supplementary to any statutory lien for rent that Lessor may also have. 1L This Lease shall be governed by the laws of the State of Texas. In the event there should be a breach or default under any provision of this Lease and either party should retain attorneys or incur other expenses for the collection of rent, fees or charges, or the enforcement of performance or observances of any covenant, obligation or agreement, Lessor and Lessee agree that each party shall be responsible for its own attorneys' fees. 12. Lessee represents and warrants to Lessor that Lessee is the owner of the aircraft described in Section B of EXhibit "A." 13. Lessee shall not assign, sell, convey, sublet or transfer any of its rights, privileges, duties or interests granted by this Lease. Any attempted assignment of this Lease shall be null and void. 14. Lessee hereby agrees to comply with all federal, state and local laws, as well as all rules and regulations established by Lessor. 15. Upon Lessor's request and following reasonable advance notice, Lessee will make such books and records pertaining to this Lease available for review by Lessor during Lessee's normal business hours. Lessor, at Lessor's sole cost and expense, shall have the right to audit such books and records in order to ensure compliance with the terms of this Lease and the Sponsor's Assurances made by Lessor to the Federal Aviation Administration. 16. This Lease shall be subordinate to the provisions of any existing or future agreement between Lessor and the United States Government which relates to the operation or maintenance of the Airport and is required as a condition for the expenditure of federal funds for the development, maintenance or repair of Airport infrastructure. Month-to-Month Tiedown Lease Agreement Page 3 of 10 17. If any provision of this Lease is subsequently held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired. 18. The person signing this Lease hereby warrants that he/she has the legal authority to execute this Lease on behalf of the respective party, and that such binding authority has been granted by proper order, resolution, ordinance or other authorization of the entity. The other party is fully entitled to rely on this warranty and representation in entering into this Lease. 19. This written instrument contains the entire understanding and agreement between Lessor and Lessee. Any prior contemporaneous oral or written agreement is hereby declared null and void. (Signatures Page to Follow) Month-to-Month Tiedown Lease Agreement Page 4 of 10 IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples on this the 7th day of February 2025. CITY OF FORT WORTH: By:� Roger Venables Airport Systems Director Date: Feb 7, 2025 STATE OF TEXAS COUNTY OF TARRANT § § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared ROGER VENABLES, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worthand that he executed the same as the act of the City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this _7_t_h _______ day of February 2025. APPROVED AS TO FORM AND LEGALITY: ��� By: Candace Pagliara (Feb7, 507:21CST) Candace Pagliara Assistant City Attorney M&C: None Required Month-to-Month Tiedown Lease Agreement Page 5 oflO A1_eta JJ. Chtlff Angela� Chrisp (Feb 7, 2025 13:5 CST) Notary Public in and for the State of Texas ATTEST: By:r ;,.� Jannette S. Goodall City Secretary � Contracf Compliance Manager: By signing, I acknowledge tl�at I am the �erson ��esponsible for khe monitoring and administration af this contract, including ensuring all performance and reportin� requirements. Sc�6a� Cleec�vr� 0 Barbara Goodwin lieal Property Manager L�SS�E: A`I'TEST: J�TF� SON S�'ILL�RS By: BY� Jeffe •so� pi ers Date: � � �' � � � STA'I'E OF COUNTY OF BEFORF. ME, the undersigned auYhority, a Notary Public in and for the Staie of > on this day personally appeared .7�FF�RSON S�ILLERS, known ta ir�e to be the �erson whose name is subscribed to the foregoing insk�•ument, and acknowledged to me that the same was the act of� JTFF�RSON SP�LL�RS and that he executed the same as the act of 3EFFERSON S�'ILLERS foi• the purposes and consaderation tlierein expressed and �n the capacity therein stated. N � MY Hr1ND AND SEAL OF OFFICE this d�Y , 2025. � ' ���tpYpr��� KALA CARLYLE GATLIN �z`A' �'e�� Notary Public, 5tata of Texas N��•t¢' Comm. Expires Q9-07-2b25 ��:�OF `;� Notar ID 133316017 +i��is Y Notary Public in and for the State of Month-to-lvlonth Tiedown Lease Agreement Page 6 of 10 EXHiBIT "A" A. Lessee Name: Twisted Distribution, LLC Contact: Trev Suillers Address: 336 N Rudd St City: Burleson State: TX Zip: 76028 Phone #: 817-996-7009 Email: trev(a�lsmop.com Business (if applicable): Address: City: State: Zip: Phone #: Fax #: In case of emergency: Contact Name: Phone: B. Aircraft: # 1 Make: Cessna 182Q Tail#: N735PR Color: C. Tie Down Site: See Map (attached) D. Rental: $55.00 monthly per tiedown Quantity: 1 Total Amount Billed Per Month: $55.00 E. Start Date: February 15, 2025 Month-to-Month Tiedown Lease Agreement Page 7 of 10 � '� i �, =� � � �� f��Z-�[�J� � •�• T% _ C t' ,�y v 4�1 � � Month-to-Month Tiedown Lease Agreement Page 8 of 10 --.�-.� r. ` � _ �` � ,; � _ _ ' g� v Y' ,`�;s�,�z1j,�1�; aE � � � �- S��r�-�;� �t�i�ox�1� ' I ��-- �� -%- �� .1r -s.r � -• h--' .. ._'' '_ ' �I _ i�};%/�4."�-. L�11 EXHiBIT "B" �'Olil' i�31 k#-I 11 .�r A3 L1114! �' E}{HIBff B-l411NIN41JN!lNSIlFtAN�E F2EQU€R�NEEi�FFS o.��, ucrnmer.;ial Hangarkeepers Er.vuonme-tal Aircrak ard Passe�ger '�uirnraa�e �ah�'rry I� o Uategary General I�pa�rnen: Inolude H sed 8 hon-arrn�-d Insuao'_� ! i3}d�tj ' L,3oJity L�ab:l�cy L�ah�l:ry V�:cJeesi ' F�x�] �ase v�perator=_ �F�v'�� rQ� w5,�:a,�1e S? 0uC �J�70 �' �:�]�,:�.��3 v ',�:L��7,��70 .4�mrai� Ma�� �enano� Gpera�or an4 P:d�orncs arlrsn��ent Ma,ntenar�ce s �,'.,}_�Q,�lv� f1,:•]O.C�.�O � ',FF'0.1�7 .`�i 2f3[{r-615[Ul „rcraf! MaF.�enanoe v�pera.or an¢ ?.v�on;cs.xl;rstrumenk Maintenance 's ".��,f{_�,ri,_•1G �.1,_•1d,�1d S ',L��J,��'J w era6cr-Turh�ne A:�onics ar Ir.saument Main:enanee 5 �',4�0,.,'}� � ',�30,;i30 Uperat� i���h wwd� Jnly} .�ircraN Rental a� Fl�gh�Training � 51,d00,40�f- 51.00��,�17�l�occurrenc� � -,,?�D,C�O Operat:� �� 4 `�,C,=•Gd,+passai�- .��rcraf�C�ar6erar.4�rcra`,t "� SF,Ly]�1,4G4�'occurren�e s�.00a.aac s -,�o,c�o Management El�e€aiar �s 5 S�SG,4Gd,+pass��- �s - 51 .CO� �,Ol7�l�occuren� A�oraf!Sale=_ Operatar °',D��,COGr 51_d00 d00 s -,a�o,c�o �� � >�a,�oo,���d,�- '� 51 Ud0 d00 �:.O�Gi.O;�: Arrrah Sco•age Operaur - ss,aao,aa� ' sF,€��o,�1 �o ' s -,a_�o,�f10 :4snat•an 3eruiae vde Prop��ekar - 3',�Oti,�{7�7' � I,00�1,OO��ocourrenae 3 �1d,,��70 e • G0.�7�10; pa=_ s��es ` v��iCar.msra�al Aeranauho� Sx,0�,0��? 5300,Oi,ti'oocumenoe S ',c�o.�a3o A^ �sr�e=_ i xrporar� S� �alixed r1�n�xr. S",CCfS,O��Ci 5300,Oi,ti'c�cumenoe s -,c�o.�a_�o �e-u�cp�: ato• Ncn-vorrmefoal HangarLes=_eE '� St,d00,d00 530�7.004.�acoumenoe S �,G4d,tiiC�G Non-ucmre-o � Flyr.ng Cluh `� 51 �]d0 4JO T � I,00�],00�'occurrenae � :,rrip,[}n0 � i700 GdO� asser e� �lon�.omrc�ca 3�-�ueling _ �1,000,�700 s1 ooa.aaa 5300,C�7G.'ocvurrenoe 5 ',C�00,,?:�� P� r.: �ee {Js �usl ar�dr. Au as'i �lon-vcmre{o�a S�-�ueGng rr:. �� '� S1 ��r'3G.��'�� SFOiA�� 53ti=�,'s10�ccour.�e 5 21d,vJ0 'Allcfi�.�� F��s e. . rc�acas'� SoxHar�ar �-rangar,Ccrn•nu�..�� -s s�,:ao.�o �3�r,�:0+occ�r�ce S �5�,�7d0 Hany�ar ��.� "nsurance ^�r..i�rr�„s s�.bjeci to de6ernin.�tian oyl.�nato^ Departr��i a�d Rs� Managemerrt. A�d�txa.'�.=_uranoe Requ:��en'.s •Lessees g.o4�ciesare fi be �rirr:ar}� to any other Malid and �.'3ecGble -.�u;3n� a�.�ailahae 50 [he C� ,All pd'cses sha4 includea'vl'a�er a=:3u�*agad�n ��avc�* aifie C�yr tiTemparary SASO mu=_talsa inclua� k�r�cri ! ess�ej •'-h� City of Foei ihorth s.'�all ne n�� as Addihonal Insured i7arr�orary SASO rr.tss7 a�sa indude Airpart !�ee r .F❑liees s^,all r,�Q n� exelusians hy endacsemen� �VIIILi` ne7h� nulli+y or arrand ihe req�aed :�,es o� coverage nor tlecrease tlie limits of sa� cnMerage � Co�rzray� per aFora� shwld be Pqviwalent to khe.�-3y-e a�ro+a� ualue at rna time ac,d vaue�ye per occ�menoe s:�o:C ha equiti�arer+. 6c tlie au�enge o' 2^.e ma�amum t�:e � iat3 a�rcra� at an� �me, but �soi less tTa�. khe arncum ^o'ec] atrave � Musi �r-a �e 1Jegl;gt�1 InsEruoBiar G4vsr�ge = I'a�a`Fs7orage c�.31or is p•�ding subleasirr� soacafor a•c;a` swrage ' Only rzqu �� `or those prou�d r� =1;g£r �nstr.�c7icn =�eFen� or �ms o- ihz le3se agr�nent " ff ue?rcie parketl lantlside - 3t,te min�murr s wa�ld appj� - vowrage rnay be p€or�detl ty en �orsemem Aviation Minimum S�andards. ��tyoFFort'�5'or1- A�,�,akan Ce�art�ien!;46��_��_:,,14; Month-to-Month Tiedown Lease Agreement Page 9 of 10 �EF�h�IT1�1V�; Coverage for :he Es;;:xJing ;ncl�des (b�n;=_ not'�mrstl ro} 1tz� b��;ld�r,g and stfuc'.U�s, campleted addiaon=_ ta oovsre-J bui!aing3_ ou�dcar f,�e:ures, perma!aerRly �n�ta!�e� fxNres_ mach�!�en} arvd ea��pmeM. '-he bWildi�g ma;enal usad tc rrsain��in ard serncs ths ir+sured's premisas is alsv insureJ. B�s�n�ss Fersor.al F�p�rtYownrJ b}� the insuretl as�tl use� in Jw_ 'v:sured'= b�siness ea cavered for �iFect b�3 ar d3mage. �e an�erage inoiudas �bus is rrot limrted ta1 i.ienP,ure ar.d fixwr�s, stac&, impr�vements and bei��rtrents, leased prope�ty for whioh ya�e have � van:rac�a! o�liaa#icn ta irtsure and several ather s�rr.ilar business �roparty r.ems wMen nat s�e�al!y e�cdud�d From cover3ge. �-.a Qalicy fs aLSa Cesigned :o protect;he �rsur�d ag3�nst �ots or �am,aga �a the Persanal Prc�Fty oF Others v�nile ifl �h2 !r�SLI'�E��S Cd'� � C115{Otl� 3� GLf`tNl. PR�PEF{Ti� IItiSL'I���CE 6usu�ess �ncome �so-me5r�es oalled Busi�ess In�rr�pt�n; aFfortts pratz��an agams2 the loss of eamings of a bus�ness tlunng 1he tme roqwra� ta reb�ila ar repam caverad property damaged o■ dest.royed hy Fre ar some athe� msureo oausa oFlass. -xira ExFense allom ¢average fiar'.F-�osa add�t�anal e�er�ws over and above �vrmal operating e�enses paxi due va dama,�e tv cavered prap�rty from a co-,rered oause of loss. �use expenses co�ld ir.cl�de rent �Lrtes. mou-ing e�enses. .�IaPhone, a�ti�rtising and IaGor. Thi=_ oaverage peotecs :he �nsured far ��ily inj�ry or ��ropernf damage ia J-i� third P�r�es. For N,{,� they a�e !egally liable. The Palcy covers ao:,iderRs occurring an the prem;se�s c: away ?ror� the prem�ses. Caw��age �s prov�ded f�� in�Wry ar tlarr.ages arising auc of gacJs or praduc2s made ar sa�d by ihe namad irrsur�d. Cav�raae is affo■ded fo■ he named irtsured an+� employees o.' •.hQ narred ,nsured; kowaver, several individuaL= and aFgan�a�orrs o�ar ihan he nare:ed msure-J rr.a3r h� c���ered depeF,ding u��n cerain aircumst3n�es speci:5ed in the poi�ay i� additi,�n to the limits. the pahcy arovidas supp4eman'.al payrr.enss far amo■ney f�es. oaurt costs and other a�enses assoo�a-e� w�lh a vla im or �-,} ��� nse o,' a liabik_y su'R Cr�rerage,A - 6odily 3njury and Praperty damage L�ab�ity ��I1�P�fYR�'IAL .�'sE�i �I��� 5odiy InjuFy+ means �hysioal injur�, siokness vr diseasp 'sticl�ing dea:n. �rope�r dam.�ge means phys:aal inaury u�g�] sa ta�ible praperty_ ino�u�ing the resuh�ng �ss o' �sa oFtfiat praPer_y- Coveeage B-�ersonal Injury and Advertisirrg Ir�jury l.iability �srsor al Inj ury rr ea ns .`alse arres; m ahc-iaus pmsec��iun, wron�ful entry� ar e v�ctr. n, hbel, sla n�er a nd ti� la�ons of a persan's ri8ht o° or.t�aoy. Advertisina Injury means hbel, slander, dispar�gema�t, violations of a p,zrsnn's right �f pnvaay. mis3pprooriatian and cnp�igtrt �n��nger�sent. Coverage C - Medixal'�aymenls 0.ie�ical Paymsn-s means med�cal expensas �arbadipyinj�ryc3�sed byan accidan' Ins�res the hanger operata■ fce legal ohligat�r7s 6a pay damages �ue .a iass �o an aKcraf. th.3z coc��s wh�n m� ��'��'-���`�' sircraft rs m the ::ar�, o�stirJy ar corrtral o.` the insuree Far safe�r.eeping, stara6e ser�� or rapair C�versge u-���T� ex��nds =o l�ahil.ry cla,rns inwalving a�a�roraF's loss af use. IfY5UfP5 [FIQ F-0IiU60f1 �s£ASJ'� 3550C!3k�J'h1'.h1}?Q ins�re-J�=_ proper.y an�opera��ans, ind�rJing �sts o`oiearn�p and remed�al or cortectM+� aclon aue to a:hird-Farty �emana ar a govemmer.t order_ �e ?allution ext�usoan ;n ger,erai ��'IRO��iE�T�L h3�iiR}+'f5Uf8!7CE 3�^_SIL'aly eliminatEs oaaarage F,�r dare.agss iar b���!Y �4�-+�S', P�RBrty �amaQe anC oleanuR ccsts L�fFIF��fE�'�F IIr�EiLlTY aris+ng iram rr-os� types of oolluuon events. �ecause af his. �us-omiaed protecti�n f�r ihe pollutian e�vs.sure af rum erous ��sur�Js �n tnis oate�ary is esser.uai Caverage �eared spec�cally ta =r.e operation a'. aircra€t and the nsks involved ir. a�,riatian. fi�vi3tian insurance po-lries are dis=inct#y d�fe:e�= from those for aaher areas of transpor:aticn and t�nd �o ir.car��race avia�en �rtr.ir.oiogy, as vrEll asiern-�inclo,3y_ limitsandola�ses sFaxf}cta av,a:ion ins�ranae. Pass.enger fiability prctacFs P�� J���� ������� pass�ngers r�d�r� in th� acoident airrraR who are �njured ar kii!ed. In re�any cauntries khas cow�erage is manda�ar� only for ��m m��oia � o� 43rg� airc�afL. Coverage �s a`en soltl o n a"p�r-sea;' basis wrtiM a speoiFie� hmit for each pasa�ngersea� � liand�tyaouerageo`the 9usine=_sA,ltv �ohoy �rc3rodes ara�:eccba�ragair+stlegal liabdity aruingau� cf tw �LrFs]�f�EILE LL�FrIL�TI °�$�hip, mairrt�r.a�ce ar irsa oFany inswred autort-,obile_ TFw irtsunng 3greament a�raes '.o oay For ba��� in�ury �CF I��LL.Z1E I$iED S� °r property �ama,�e forwhwh �e insureci is leaally respans'ble heca�.=e o` an au•.emab�le ae�cider+t. �w �alicy alsc _'ti3?�-O���tD b�IICL�S Ss3[�S 1I'S3S� i�� d�drt�OFS Sd :}�� �d]f£fYQfll Of �3F:.3�p5. iFR IfiSlJf2r 3150 ygre�s ta defe�r� .�.e ir<surrJ `cr all legal o�fe�-:se cost The deferrse 'rs in additian to'.� policy limits. A� agre-er�eri b�iwe�r. ta�o �a:+ies in wh�ch ane pa�ty agr�es ta waive subr�gatian rv.ghts agains; ano#her �r� the ;�'�� �F et�nt ot a bss. The intent is ro pr�verr. oroe paFty s irrsurer �sam pursu�n� subragato� agains? the crther party. Aviatian klirtimu� Standards C:nr� Fv- 4'�'�xh Av3-�on ��a:s-merrt�0=�C3'�C'�'i Month-to-Month Tiedown Lease Agreement Page 10 of 10