N421ST AIRCRAFT PURCHASE AGREEMENT
Exhibit 10.46
N421ST AIRCRAFT PURCHASE AGREEMENT
SELLER: Ponderosa Air LLC 0000 Xxxxxxxx XX XX 00000
BUYER: Zelta Air LLC 000 Xxxxxxx Xx Xxxxxx XX 00000
1. | Xxxxxx agrees to sell to buyer and xxxxx agrees to purchase from the seller the following aircraft: |
N421ST 1976 Cessna C-421C SN 421C-0114
SALE PRICE: $305,000.00 US Dollars
2. | Seller warrants that seller holds legal title to the aircraft and thcat title will be free and clear of all liens and encumbrances. |
3. | Seller warrants aircraft will be in airworthy condition, with a current annual inspection and an FAA issued airworthiness certificate. |
4. | Buyer shall wire transfer a deposit of $20,000.00 to: |
Flewber Inc 7110 Republic Airport Farmingdale NY 11735
ROUTING # 000000000 ACCOUNT: 953692529
upon acceptance of this agreement.
5. | Aircraft will have a current annual compliant to Part 135 standards. |
6. | Upon completion of the annual buyer shall wire transfer the balance of $285,000.00 to sellers account within three business days. |
7. | Upon receipt of funds seller shall delivery aircraft to buyer at Republic Airport with all logs and a signed FAA bill-of-sale transferring title to buyer. |
8. | Aircraft is sold in as is where is condition with no warranties or guarantees implied. |
9. | Xxxxx agrees to sign a lease back agreement from Zelta Air LLC to Flewber Inc for a period of 45 days from title transfer date. Aircraft will be based at buyers location and not used by Flewber during this period. |
10. | Any alteration to this agreement must be agreed to by both parties in writing. |
11. | Photo copy of this agreement shall be deemed as original. |
AGREED TO BY:
SELLER: | /s/ Xxxx Xxxxxxx | Date: | BUYER: | /s/ Xxxx Xxxxxxx | Date: | |
Ponderosa Air LLC | Zelta Air LLC | 03/05/2024 | ||||
Xxxx Xxxxxxx | Xxxx Lieping |