Airport Rental Agreement

AIRPORT RENTAL AGREEMENT

Parties

Airport Authority Name:

Lessee Name:

Premises Location/Identifier:

Recitals

WHEREAS, the Airport Authority is the lawful owner and operator of the airport facilities identified above and has authority to lease designated premises for aeronautical and related commercial uses; and

WHEREAS, Lessee desires to lease the Premises for the purposes described in this Agreement and Authority is willing to lease the Premises to Lessee on the terms and conditions set forth herein;

WHEREAS, the parties intend that this Agreement define the scope of permitted use, the payment and insurance obligations, and the responsibilities of each party with respect to operation, maintenance and compliance with applicable airport rules.

Scope of Use

Purpose and permitted uses of the Premises (describe activities, hours, and any restrictions):

Payment Terms

Term and Termination

Term Commencement Date:

Term Expiration Date:

Either party may terminate this Agreement for convenience upon prior written notice of days to the other party. Termination for cause may be immediate where a material breach remains uncured for days following written demand to cure.

Maintenance, Utilities and Repairs

Lessee shall maintain the Premises in a clean, safe and operable condition at Lessee's expense and shall promptly perform routine maintenance. Authority will be responsible for structural repairs to the extent caused by ordinary wear, except where damage arises from Lessee's negligence or misuse, in which case Lessee shall promptly repair or reimburse Authority for repair costs.

Insurance and Indemnity

Lessee shall, at Lessee's expense, procure and maintain commercial general liability insurance, automobile liability and hull liability (as applicable) with limits not less than those specified below and naming Authority as an additional insured to the extent of Lessee's operations under this Agreement.

Lessee agrees to indemnify, defend and hold harmless Authority, its officers, agents and employees from and against any claims, liabilities, losses or damages arising out of Lessee's use of the Premises, except to the extent such claims arise from Authority's gross negligence or willful misconduct.

Compliance with Airport Rules and Law

Lessee shall comply with all applicable federal, state and local laws and with all airport rules, regulations, and directives issued by Authority. Lessee's failure to comply is a material breach of this Agreement and may result in immediate suspension of Lessee's rights under this Agreement.

Confidentiality

Neither party shall disclose the other party's confidential business information obtained in connection with this Agreement to any third party except as required by law or as necessary to perform obligations under this Agreement. Confidential information does not include information that is or becomes publicly available through no breach of this provision.

Default and Remedies

In the event of default by Lessee, Authority may pursue any remedy available at law or in equity, including termination of this Agreement, recovery of rent due, and seeking specific performance or injunctive relief. Acceptance of rent after a default does not waive Authority's right to enforce any provision of this Agreement.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction of:

Entire Agreement

This Agreement, including any attachments and approved written addenda signed by both parties, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, representations and understandings, whether oral or written. Any modification must be in writing and signed by both parties.

Additional Provisions

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