Observer Compliance Agreement Sample Contracts

OBSERVER COMPLIANCE AGREEMENT
Observer Compliance Agreement • January 19th, 2023 • Rb Lift LLC • Air transportation, nonscheduled

This Observer Compliance Agreement (this “Agreement”) is entered into as of January 13, 2023 by and between Blade Air Mobility, Inc. (the “Company”) and that certain person, initially Andrew Lauck, designated by RB Lift LLC (“RedBird”) to serve as a non-voting board observer (the “Designated Observer”) in connection with that certain Observation Rights Agreement, dated as of January 13, 2023 (the “Observation Rights Agreement”) between RB Lift LLC (“RedBird”) and the Company. The Designated Observer acknowledges that he has read and understood the Observation Rights Agreement. The Observation Rights Agreement is incorporated into this Agreement by this reference and capitalized terms used by not defined in this Agreement shall have the meanings assigned to them in the Observation Rights Agreement.

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