ContractAircraft Joint Ownership Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-10.68 <SEQUENCE>5 <FILENAME>ex10-68.txt <DESCRIPTION>AGREEMENT <TEXT> EXHIBIT 10.68 AIRCRAFT JOINT OWNERSHIP AGREEMENT THIS AIRCRAFT JOINT OWNERSHIP AGREEMENT (the "Agreement") is made and entered into as of the 30th day of September, 2004, by and between Nelnet Corporate Services, Inc. ("Nelnet"), and Union Financial Services, Inc. ("UFS") (Nelnet and UFS being referred to herein individually as a "Joint Owner" and collectively as the "Joint Owners") and is made with reference to the following: A. Joint Owners are the registered joint owners, as tenants in common in the proportions provided for herein, of that certain Cessna Citation VI model aircraft, Serial No. 650-0232_, U.S. Registration No. N711LV (the "Aircraft"). B. Joint Owners wish to enter into an agreement pursuant to the provisions of Section 91.501 of the Federal Aviation Regulations for the use, operation and maintenance of the Aircraft and for the allocation of the costs associated therewith. NOW, TH