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Aircraft Purchase Agreement ICON Aircraft 2141 ICON Way Vacaville, CA 95688 707.564.4000 iconaircraft.com sales@iconaircraft.com ICON A5 Purchase Agreement - rev201703 v20ked Page 1 of 7 endstream endobj 543 0 obj <>/Size 534/Type/XRef>>stream

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We pair you and your new co-owner to a management company who will help carry out the arrangement and set you up with our comprehensive structure that ensures you are safeguarded. Bring in one or more co-owners, and things get significantly more complex. Co-Ownership: Marriage without the Wedding Ring. A co-ownership agreement can halve, or even quarter the cost of ownership. Each co-owner shall make a capital contribution of $200.00 to the co- ownership upon its formation. The agreement spells out the responsibilities and privileges of the various co-owners. rx+���nSq��}���"I�����(��9if� ��tp���cP5p6xxk�q�E�1��8g��Wh?���#��v��"^J�A��Z~�Ipu.�;�.�E�wqr���41�鸣�rz����a˭z���s��I���� �5$1Y�Jn��L����4�����5i�v:�`�@�� pG@h3׹� �� R3���q��,�@� ��R7���3Z&I�����#�{�>�*����bl Owning an aircraft is challenging even as a sole owner. Article 2 - Term of the Agreement. This subject report provides information on how to properly set up a tenancy in common or a joint tenancy. Questions as to flight and scheduling limitations, maintenance funding, and what to do when an owner wants to sell are always hot topics of discussion. Each party's ownership interest in the Aircraft shall be an indivisible and undivided interest in the Aircraft, and shall be subject to the terms of this Agreement. stream %PDF-1.5 AIRCRAFT JOINT OWNERSHIP AGREEMENT I. <> H[��%@�Y>� n��f�"hm2�.%H�;mJJ��PJD��M�:�L��S��‡�U��� aHaC� )�$3�Ԥ,���NdC�9冭�Ý�8�C��L΋���-��Çp���ooХ��9qn��}N�~�p!��_���a6&1���z%�[ %H��HsH�n[F�e�̵pM�=$�er����š��̓._۵h�/��|zC���*�Z�L�`�gB��e�;$'g�(ʟ��I܅N}d$�����lj��0���=�H�oS�j@��K��w,��گ�n;!��>����N�t��%�ָ?��ɜzF��oh]s=1�f��Lz0�^�� <> 0000002963 00000 n Co Ownership Agreement Aircraft / Boat / Marine Vessel When to Use this Agreement. H��W�n�F}�W,Ї�@�po�A F�c%�d�lR@�#3[�t(�A���]^�X�$@?��J�93{�FO��l�t�x�ő���Q�b����}4y}�޾}��-��F�޽���Ķ��E�(�Fѷ�Զl��Q�C�;(���c��ͮ�0�w��Sˆ'F���6�M�f����*���p!3�{.�+�h���\�"���U���n�X�*���2M�6��-�Dz[�}} ����]�?��5^�S�@���6����b�7�#dN]#X��2�|�YD���+�� Ș�U� Ģ� The following documents are for reference and use when establishing ownership and registering your RV aircraft.
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Formation and Purpose 1. endobj Use this agreeement when two or more parties wish to purchase a boat or aircraft as co-owners. consent of the co-owners or as required by the terms of this agreement. A Co-Ownership Agreement is simply a written understanding describing the terms under which your boat or aircraft will be purchased and used. 1 0 obj What about death, divorce, and dispute resolution? %%EOF %�W+/Mp}��`T�,�Q 0000001450 00000 n 534 0 obj <> endobj %���� x�bbg`b``Ń3� ���ţ�1��` uf ���Y찜�*�{�cK�uG���.�^H�B�Y��d�HNd���M�ID Each shareholder will receive one share of stock and will have use of the aircraft owned by the corporation one eighth of the time or one week every other month and at other times by calling or …

2 0 obj y$x This Shareholder Agreement is entered into as of the last date set forth below by the undersigned shareholders.

The parties will own and hold their respective ownership interests in the Aircraft as tenants-in-common. 0000002885 00000 n Article 3 - Use of Funds, Capital Accounts, Owners' Equity. endobj 0000002433 00000 n 0000000016 00000 n The co-ownership commenced on 13 September 2010, and shall continue until termination by mutual . x�b```b``>�������À �X �90tMeh3�μ;/��k��߹��ZU��UۍB�UD���DxH_(�ta``@l &EE��t�1'X����G��z�3�r)�e�1���`����iV��p+�>�Ҍ@�` ӿ%� x���n�F�݀�aI��p.���N���mҍU��Y,h���J�*�q��{.$š4���=$�9�u9:=�p���2�b�pz�D�+��LF�H�H�L�f���m*W�'�x�����tzr\.�����k��aLqA�W�~;=���.G�SL�en����a%���� �7p[㋱��K2iS]��NO��Bh�K�J� �C�o�0eF�ór��+�;!N��P)^��ϸ��, ��E�,�ў�22%��T&�n � <> xref

534 11 0000000778 00000 n 544 0 obj <>stream startxref %PDF-1.4 %���� 4. endobj 4 0 obj Introductory A. With your agreement to move forward, we become your trusted matchmaker, finding a potential co-owner and aircraft that fits your requirements. 0000000968 00000 n 0000000516 00000 n 3 0 obj <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S>> <<46480BE372988142AA80CED7E01FAA6B>]>>