This AIRCRAFT RENTAL AGREEMENT (the Agreement) is entered into as of the_____________ day of _________, 20__ between SKYS AIRCRAFT CORPORATION, and ____________________________________________ ("Renter"). In consideration of the mutual covenants contained herein, and for other good and valuable consideration, the parties hereby agree as regards from time to time by Renter of any and all aircraft rented from SKYS Aircraft Corporation (hereafter "Aircraft") as follows:


1. MEMBERSHIP FEE: Member shall pay a membership fee for use of the Aircraft and on site equipment in accordance with SKYS AIRCRAFT CORPORATION’S prevailing prices and policies. Such membership fee shall be billed at the beginning of the calendar month for all active members.  Membership can be terminated or placed on non-active status at any time with WRITTEN request.  Non-active or terminated members will not be billed the membership fee.

2. RENTAL FEE: Renter shall pay a rental fee for Renter's use of the Aircraft in accordance with SKYS AIRCRAFT CORPORATION’S prevailing prices and policies. Such rental fee shall be due and payable in advance at the beginning of each Rental Period ("RP") unless a Credit Card with “signature on file” is on file for the renter, as herein defined. Renter hereby agrees and acknowledges that Renter is responsible for Aircraft at all times during the Rental Period.

3. SOLE PILOT: Renter agrees that Renter shall be the sole pilot or operator of the aircraft during each RP. Renter hereby agrees to operate Aircraft in accordance with applicable Federal, State, and Local laws and regulations. Renter must complete an SKYS AIRCRAFT CORPORATION Member Contact Sheet (MCS). The information and representations made in the MCS shall be updated by Renter if required information changes and are hereby incorporated by reference into this Agreement.

4. CERTIFICATES: Renter represents that Renter hold a valid and current Federal Aviation Administration ("FAA") pilot license and a valid and current medical certificate, and has passed a biennial flight review within the last twenty-four (24) calendar months or is a student supplying a valid and current medical certificate. For the purpose of Aircraft rental for any RP, the validity and currency of such certificate shall be based upon review of credentials presented by Renter to SKYS AIRCRAFT CORPORATION, who at its sole discretion may deny rental of Aircraft at any time for any reason.

5. PRE-FLIGHT: Renter acknowledges and agrees that the term Aircraft constitutes more than one aircraft Make and Model ("M&M"). Renter hereby agrees that prior to Renter's first rental of any aircraft M&M within the terms of this Agreement, and prior to or concurrent with the commencement of any renewal term, Renter must demonstrate proficiency in same aircraft M&M satisfactory to a Flight Instructor, at his sole discretion. Renter further agrees that if Renter has not flown aircraft M&M within the last 120 days of said demonstration of proficiency, SKYS AIRCRAFT CORPORATION may require renter to again demonstrate proficiency in aircraft M&M satisfactorily to a Flight Instructor at its sole discretion. Prior to each flight, each Renter shall personally conduct a pre-flight inspection of the Aircraft as prescribed by the manufacturer of the Aircraft, including checking the fuel from all sumps and determining that the fuel is the correct type for the Aircraft and that the fuel and oil on board the aircraft are sufficient for Renter's purpose.

6. CHECK-LISTS: Renter shall operate the aircraft in accordance with the Aircraft manufacture's recommended pre-takeoff, cruise, and pre-landing check-lists.

7. WEATHER: Renter shall obtain weather reports of forecast for the proposed route prior to commencing a flight. Renter shall only operate Aircraft when current and forecasted aviation weather indicate that weather conditions present both locally, en route, and at the destination are commensurate with the pilot's certificates, rating and experience, and capabilities of Aircraft , and meet all other requirement as set forth herein.

8. RUNWAYS: Renter agrees to use only established, hard-surfaced runways.

9. ACCIDENTS: Renter agrees to immediately report to SKYS AIRCRAFT CORPORATION any accident, mishap, incident or anomalies including, but not limited to, engine failure, engine stoppage, or engine shut-down; propeller strike, failure or damage; physical damage or anomalies to Airframe or other parts of Aircraft; or any and all of its component parts including avionics and electronic components or radios, or anomalies thereto or otherwise applicable under National Transportation Safety Board Part 830.

10. PHYSICAL CONDITION: Renter represents that Renter will not operate Aircraft if Renter has used intoxicating liquor, tranquilizers, or sleep-inducing drugs within twenty-four (24) hours prior to the commencement of any flight or flight leg or if Renter's physical condition is in any way impaired.

11. INSPECTION: Renter represents that Renter has inspected the Aircraft or has caused it to be inspected and hereby agrees that the Aircraft is in acceptable mechanical condition.

12. PROHIBITED ACTIVITIES: Renter agrees that the Aircraft shall not be used (a) to carry persons or property for hire; (b) in any race, test, or contest; (c) for any illegal purpose whatsoever; or (d) for any purposes not permitted by SKYS AIRCRAFT CORPORATION procedures.

13. CONDITION OF AIRCRAFT: RENTER HEREBY ACKNOWLEDGES THAT SKYS AIRCRAFT CORPORATION IS NOT THE MANUFACTURER OF THE AIRCRAFT, NOR THE MANUFACTURER'S AGENT, AND THAT SKYS AIRCRAFT CORPORATION MAKES NO WARRANTY OR REPRESENTATION, EITHER EXPRESSED OR IMPLIED, AS TO THE FITNESS, WORKMANSHIP, DESIGN, CONDITION, OR MERCHANTABILITY OF THE AIRCRAFT, ITS FITNESS FOR ANY PARTICULAR PURPOSE, OR THE QUALITY OR CAPACITY OF THE MATERIAL IN THE AIRCRAFT.

14. SUBLEASE AGREEMENT: Renter agrees not to sublease the Aircraft or sell, assign, or otherwise transfer this Agreement.

15. ALTERATIONS: Renter agrees not to make any additions, alterations, or improvements to the Aircraft.

16. INDEMNITY-FORCE MAJEURE: Renter agrees to release, indemnify, and hold SKYS AIRCRAFT CORPORATION, its officers, and employees harmless from and against any and all liabilities, damages, business interruptions, delays, losses, and claims judgments of any kind whatsoever, including all costs, attorney's fees, and expenses incidental thereto, which may be suffered by, or charged to SKYS AIRCRAFT CORPORATION by reason of any loss of or damage to any property, or injury to, or death of a person, arising out of or by reasons of any breach, violation, or nonperformance by renter of any covenant or condition of this Agreement, or by any act or failure to act on the part of the Renter.  SKYS AIRCRAFT CORPORATION shall not be liable for its failure to perform under this Agreement, or any loss, injury, damage, or delay of any nature whatsoever resulting there from or caused by any Act of God, fire, flood, accident, strike, labor dispute, riot, insurrection, war, or any other cause beyond SKYS AIRCRAFT CORPORATION’S control.

17. DISCLAIMER OF LIABILITY: SKYS AIRCRAFT CORPORATION HEREBY DISCLAIMS, AND RENTER HEREBY RELEASES OPERATOR FROM, ANY AND ALL LIABILITY, WHETHER IN CONTRACT OR TORT (INCLUDING STRICT LIABILITY AND NEGLIGENCE), FOR ANY LOSS, DAMAGE, OR INJURY OF ANY NATURE WHATSOEVER SUSTAINED BY RENTER, ITS EMPLOYEES, AGENTS, OR INVITEES DURING THE TERM OF THIS AGREEMENT, UNLESS SUCH LOSS, DAMAGE, OR INJURY IS CAUSED BY SKYS AIRCRAFT CORPORATION GROSS NEGLIGENCE. THE PARTIES HEREBY AGREE THAT UNDER NO CIRCUMSTANCES SHALL SKYS AIRCRAFT CORPORATION BE LIABLE FOR INDIRECT, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES, WHETHER IN CONTRACT OR TORT (INCLUDING STRICT LIABILITY AND NEGLIGENCE), SUCH AS, BUT NOT LIMITED TO, LOSS OF REVENUE OR ANTICIPATED PROFITS OR OTHER DAMAGE RELATED TO THE RENTING OF THE AIRCRAFT UNDER THIS AGREEMENT.

18. DAMAGE TO AIRCRAFT: At the termination of the rental period, Renter shall return the Aircraft to SKYS AIRCRAFT CORPORATION in the same condition as when received, excepting reasonable wear and tear.

19. RENTAL INSURANCE DISCLOSURE NOTIFICATION: Renter acknowledges that renter/pilot coverage under SKYS AIRCRAFT CORPORATION aircraft liability policy is limited to $100,000 single limit bodily injury, including passengers and property damage.

20. EMERGENCY REPAIRS: Emergency repairs shall be defined as repairs to the Aircraft which, due to statue, regulations, mechanical failure, or failure, or damage, should be made to the Aircraft before further flight. Should the aircraft require emergency repairs, Renter shall comply with the following procedures: (a) contact SKYS AIRCRAFT CORPORATION for instructions; (b) If no contact can be made and repair can be effected for One Hundred Dollars ($100.00) or less, Renter may authorize and make payment for the repairs, for which Renter shall be reimbursed by SKYS AIRCRAFT CORPORATION. Under no circumstances shall Renter authorize repairs to the Aircraft unless no contact with SKYS AIRCRAFT CORPORATION can be effected and the repairs can be made for One Hundred Dollars ($100.00) or less, and under no circumstances shall the Aircraft be flown by Renter without repair if to do so would violate any Federal, State, or Local law or regulation or compromise the safety of the renter, his/her passengers, or the Aircraft

21. FLIGHT INSTRUCTION: Renter agrees and/or acknowledges that giving flight instruction in SKYS AIRCRAFT CORPORATION aircraft is limited to SKYS AIRCRAFT CORPORATION approved instructors.  Right seat pilot in command is prohibited.

22. NON-PAYMENT OR OVERDUE ACCOUNTS: Renter agrees and/or acknowledges that a service charge of 1.5% per month, 18% APR will be charged on all overdue accounts.  Renter agrees and/or acknowledges that renter is liable for all legal and collection fees.  Declined credit cards fees are as follow:  $10 fee for declined credit card that remains unpaid by the 15th of the month, $15 fee for every month the account remains unpaid.

23. OVERNIGHT RENTALS: Renter agrees and/or acknowledges that renter will guarantee and pay for a minimum of three (3) hours of flight time per 24 hours on weekends and two (2) hours on weekdays.  Renter is responsible for the aircraft until it is returned to SKYS AIRCRAFT CORPORATION.  All landing fees, tie down fees or any other miscellaneous expenses are the sole responsibility of the renter.  In the event the renter does not return the aircraft to SKYS AIRCRAFT CORPORATION, the renter agrees to pay for all flight hours lost to from the time of rental to the time of return, including all expenses incurred by SKYS AIRCRAFT CORPORATION for returning the aircraft to the point of rental.

24. NO SHOW: Renter agrees and/or acknowledges that aircraft will be released for rental to another renter after 20 minutes past the scheduled rental time has elapsed unless prior notice has been received.  Renter agrees to pay for lost revenue resulting from late arrival and/or no show.

25. LATE RETURN: Renter agrees and/or acknowledges that aircraft shall be returned on or before the scheduled return time as indicated on the flight schedule.  Renter agrees to pay for lost revenue resulting from late return.

26. DEFAULT: Renter agrees and/or acknowledges that if Renter defaults in the performance of any of his/her obligations under this agreement, SKYS AIRCRAFT CORPORATION, at its option, and without further notice, has the right to terminate the Agreement and cancel all membership and rental privileges.


27. GOVERNING LAW: This Agreement shall be construed in accordance with the laws of the Georgia.


28. ENTIRE AGREEMENT: This Agreement constitutes the entire agreement between the parties and as of its effective date supersedes all prior agreements between the parties as related to the rental of Aircraft. Any change or modification hereof must be in writing signed by both parties.


29. RENTAL PERIOD: Rental Period ("RP") for any Aircraft is defined herein as that time period during which Renter has possession of the keys of the Aircraft, Authorized possession of the Aircraft commences with the authorized release of the keys of the aircraft to Renter by SKYS AIRCRAFT CORPORATION and concludes with the return by the Renter of the keys of the Aircraft to SKYS AIRCRAFT CORPORATION provided that Renter has returned Aircraft to airport agreed-upon.

Renter Signature

 

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SKYS AIRCRAFT CORPORATION representative signature

 

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