Common Contracts

1 similar Lease Agreement contracts

MEMORANDUM
Lease Agreement • February 2nd, 2022

Attached hereto for your consideration is a Lease Agreement with ITPS (America), LLC (ITPS), which will be located at 3904 Aero Drive on the north side of the Airport. ITPS, a subsidiary of ITPS (Canada) Ltd., will operate and support three (3) of the ITPS (Canada) Ltd. aircraft that are registered in the United States. ITPS, was established in the United Kingdom in 1986 and subsequently located to Canada in 2001. ITPS provides a range of services to pilots and aeronautical engineers that includes highly specialized real-world flight-testing services. This will be ITPS’ first office in the United States. ITPS’ primary business activity at the Airport will include airframe and power plant maintenance on its fleet of aircraft, while also having its location at the Airport serve as its office in the United States.

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