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Airport Space Lease Agreement

Aviation Airport of _________________ [Address], hereinafter referred to as Landlord, and "Name" of _________________ [Address], hereinafter referred to as Tenant, agree:

Landlord rents to Tenant for a period of (12) months, the following described space and the rights appurtenant thereto:

Tenant is granted use of the airport in common with others similarly authorized, and all faculties, equipment, improvements, and services which have been or will be provided at or in connection with the airport from time to time including _________________________, but not imited to, the landing field and any extensions thereto, roadways, runways, aprons, taxiways, sewage and water facilities, foodlights landing lights, beacons, control tower, signal radio aids, and all other conveniences for flying, landings, and takeoffs.

Hangers & Ground Areas

Landlord rents to Tenant for its exclusive use Tenant exclusive use of the following described hangar:

Hangar Number (--)

Floor Area In Terminal Building

Landlord rents to Tenant for its exclusive use of (--) square feet located at Area known as ___________________ in the airport. Landlord also grants all its employees, customers, passengers, guests, and other invitees, in common with others, the use of all public space.

Gates & Departure Areas

Landlord rents to Tenant the following gates and departure area space:

Side "A" Gates 3 & 4

Tenant shall be solely responsible to construct any facilities such as ticket counters and gates. Tenant shall all times keep in force public liability insurance, with Landlord listed as a loss payee with minimum limits of $------ for such space.

Parking Space

Landlord grants Tenant adequate and clearly marked parking spaces located close to the terminal building for the use all its employees, customers, passengers, guests, and other invitees. Landlord or its concessionaire may charge the Tenant's customers a reasonable rate for parking.

Right of Ingress & Egress

Tenant shall have at all times the full right of ingress to and egress from the premises and facilities referred to in this agreement for Tenant, all its employees, customers, passengers, guests, and other invitees. Such right shall extend to persons or organizations supplying services or material to the Tenant.

Rental, Fees & Ongoing Charges

Tenant agrees to pay to the Landlord the following rent:

$------ (dollars) per month for the exclusive use of the hangar; $------ (dollars) as rent for the portion of terminal used exclusively by Tenant and $------ (dollars) for gate space. The rental herein shall be due in advance. The parties acknowledge that the rental to be paid is premised on the payment for all spaces, and that the entire rental agreement shall be in default for failure to pay any part of the rent.

Maintenance & Utilities

Landlord shall maintain and keep in good repair so much of the airport premises as is not under exclusive control of the Tenant. Landlord shall also maintain and operate all utilities connected with the operation of the airport, and Tenant shall pay for those utilities used in facilities under its exclusive control.

Landlord shall be permitted to charge a common area maintenance fee for the upkeep of the airport not to exceed $------ per square foot for areas maintained by the landlord, ratably divided to the tenant in the same percentage as Tenant's occupancy relates to the entire structure.

In addition, Landlord shall be entitled to charge the actual cost of gate security as required by the Federal Aviation Administration, which shall be allocated as is provided in this paragraph.

Assignment

Tenant shall not sublet or assign any of this lease to any other party without the prior written consent of the Landlord.

Rules & Regulations

Landlord may from time to time establish regulations for the use of the premises of general application to all tenants. Tenant agrees to follow such regulations.

Dated: ________________

_________________________

Aviation Airport (Landlord)

________________________

Tenant

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)