0001213900-21-051095 Sample Contracts

PLAN SPONSOR AGREEMENT
Plan Sponsor Agreement • October 1st, 2021 • Aerocentury Corp • Services-equipment rental & leasing, nec • Delaware

This PLAN SPONSOR AGREEMENT (as amended, supplemented, or otherwise modified from time to time together with all exhibits attached hereto and incorporated herein, this “Agreement”), dated as of August 16, 2021, is entered into by and among AeroCentury Corp. (“AeroCentury”), JetFleet Holding Corp. (“JHC)”, and JetFleet Management Corp. (“JMC,” and collectively with AeroCentury and JHC, the “Debtors”) and Yucheng Hu, Hao Yang, Jing Li, Yeh Ching, Yu Wang, TongTong Ma, Qiang Zhang, Yanhua Li, and Yiyi Huang (collectively, the “Plan Sponsor”). The Debtors and the Plan Sponsor are referred to herein as the “Parties” and individually as a Party. Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Plan (as defined below).

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AEROCENTURY CORP. INDEPENDENT DIRECTOR AGREEMENT
Independent Director Agreement • October 1st, 2021 • Aerocentury Corp • Services-equipment rental & leasing, nec • California

This Independent Director Agreement (the “Agreement”) is made and entered into as of _______, 20__, by and between Aerocentury Corp., a Delaware corporation (the “Company”), and ___________, an individual (“Director”).

SERIES A PREFERRED STOCK PURCHASE AGREEMENT
Series a Preferred Stock Purchase Agreement • October 1st, 2021 • Aerocentury Corp • Services-equipment rental & leasing, nec • California

This SERIES A PREFERRED STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of September 30, 2021, is entered into by and among JetFleet Holding Corp., a California corporation (the “Company”), and AeroCentury Corp., a Delaware corporation (the “Purchaser”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 1st, 2021 • Aerocentury Corp • Services-equipment rental & leasing, nec • California

THIS EMPLOYMENT AGREEMENT (this “Agreement”), made effective as of October 1, 2021 (the “Effective Date”), is by and between AeroCentury Corp, a Delaware Corporation (the “Company”), and Florence Ng (“Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 1st, 2021 • Aerocentury Corp • Services-equipment rental & leasing, nec • California

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is effective as of the ______ day of ____________, 2021 (the “Effective Date”) between Aerocentury Corp., a Delaware corporation, with offices located at 3000 El Camino Real, Bldg. 4, Suite 200, Palo Alto, CA 94306 (the “Company”) and ____________, an individual (the “Employee”).

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