February 1, 2002 First Aviation Services Inc. 15 Riverside Avenue Westport, CT 06880-4214 Gentlemen: This letter, when countersigned in the space indicated below, will evidence the agreement of First Equity Development, Inc. and its affiliates ("First...Investment and Acquisition Agreement • May 1st, 2002 • First Aviation Services Inc • Aircraft engines & engine parts
This letter, when countersigned in the space indicated below, will evidence the agreement of First Equity Development, Inc. and its affiliates ("First Equity") and First Aviation Services Inc. ("FAvS") as to the allocation of potential investment and acquisition opportunities in the aerospace parts distribution and logistics business. For good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, the parties agree as follows:
