Hangar License and Services Agreement Sample Contracts

AMENDED AND RESTATED HANGAR LICENSE AND SERVICES AGREEMENT TEXTRON – FRANK CONNOR
Hangar License and Services Agreement • October 28th, 2015 • Textron Inc • Aircraft & parts

This Amended and Restated Hangar License and Services Agreement (the “Agreement”), is made and entered into on July 24, 2015 by and between Textron Inc. (hereinafter called “Textron”) and Frank T. Connor on behalf of [Mr. Connor’s limited liability corporation] (hereinafter called “Licensee”) and their respective successors and assigns,

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HANGAR LICENSE AND SERVICES AGREEMENT TEXTRON – SCOTT DONNELLY
Hangar License and Services Agreement • April 28th, 2011 • Textron Inc • Aircraft & parts

This Hangar License and Services Agreement (the “Agreement”), made and entered into on April 25, 2011 to be effective as of the 5th day of December, 2010 by and between Textron Inc. (hereinafter called “Textron”) and Scott C. Donnelly on behalf of [Mr. Donnelly's limited liability corporation] (hereinafter called “Licensee”) and their respective successors and assigns,

Contract
Hangar License and Services Agreement • March 16th, 2016

These Amended and Restated Hangar License and Services Agreements each provide that the Company will provide certain aircraft maintenance and other services, including pilot services, for the executives’ personal aircraft. Fees for hangar space, maintenance, pilot services and all other services are set at market rates, and the executives’ LLCs fully reimburse the Company at such market rates. Pursuant to the Hangar Agreements, the Company permits the executives’ LLCs to purchase fuel from the Company’s bulk fuel storage facility at the discounted bulk rate paid by the Company, and the Company’s Aviation Department facilitates the executives’ personal flights and performs various administrative duties in connection with these aircraft. Both Amended and Restated Hangar License and Services Agreements have been approved by the Nominating and Corporate Governance Committee. During our 2015 fiscal year, Mr. Connor’s LLC and Mr. Donnelly’s LLC paid total costs to Textron under these agreeme

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