0000950123-11-024192 Sample Contracts

Contract
Lease Novation Agreement • March 10th, 2011 • Aircastle LTD • Services-equipment rental & leasing, nec • England and Wales

LEASE NOVATION AGREEMENT (CAC [ ]), dated as of December 15, 2010 (this “Agreement”), among WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION, a US national banking association, not in its individual capacity but solely as Owner Trustee (“Existing Lessor”), THUNDERBIRD [ ] LEASING LIMITED, a Mauritius company (“New Lessor”), and SOUTH AFRICAN AIRWAYS (PTY) LTD., a South African private limited liability company (“Lessee”).

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FORM OF AMENDED RESTRICTED SHARE AGREEMENT FOR CERTAIN EXECUTIVE OFFICERS UNDER THE AMENDED AND RESTATED AIRCASTLE LIMITED 2005 EQUITY AND INCENTIVE PLAN
Restricted Share Agreement • March 10th, 2011 • Aircastle LTD • Services-equipment rental & leasing, nec

This Award Agreement (this “Restricted Share Agreement”), dated as of [________], 2010 (the “Date of Grant”), is made by and between Aircastle Limited, a Bermuda exempted Company (the “Company”) and [________] (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Amended and Restated Aircastle Limited 2005 Equity and Incentive Plan (the “Plan”). Where the context permits, references to the Company shall include any successor to the Company.

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