Exhibit 10.2
Funding Agreement
I, Jehu Hand, agree with Albion Aviation, Inc. in connection with
its public offering
pursuant to Registration Statement 333-46672, as follows:
On or prior to the end of the offering period described in the
prospectus which is a part of the Registration Statement, I will purchase up to
20,000 shares at the offering price of $5.00, to the extent required to ensure
net proceeds of no less than $90,000. These shares will be sold without sales
commission or non-accountable expense being paid to any person. I agree that
these shares will be "restricted" securities as provided in Rule 144, and to
resell them only in compliance with Rule 144.
December 28, 2000
Jehu Hand