ASI Aviation, Inc. Sample Contracts

ASI AVIATION, INC. SUBSCRIPTION AGREEMENT NOTICE TO INVESTORS
Subscription Agreement • May 18th, 2022 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec • Virginia

THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES.

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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • July 27th, 2016 • ASI Aviation, Inc. • Nevada

This Executive Employment Agreement (this “Agreement”) is made effective as of January 1, 2016 (“Effective Date”), by and between ASI Aviation, Inc. a Nevada corporation (“Company”), and Brajnandan B. Sahay (“Executive”).

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Re: Engagement Offer
ASI Aviation, Inc. • July 27th, 2016

ASI – Aviation, Inc., (ASI) is pleased to offer you the position of Director of Business Development in India for the company, effective May 9, 2016. In this position, your duties and responsibilities will encompass researching, developing and advising the company on aviation related projects as well as assigned to you by Mr. Jim Flynn, the President, ASI.

Sample 1
BUSINESS AND ASSET PURCHASE AGREEMENT BY AND AMONG JET X AEROSPACE LLC AN ILLINOIS LIMITED LIABILITY COMPANY AND ASI AVIATION, INC. A NEVADA CORPORATION AND THE SELLER MEMBERS Dated: March 25, 2021
Business and Asset Purchase Agreement • April 7th, 2021 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec • Virginia

THIS PURCHASE AGREEMENT (this “Agreement”), dated March 25, 2021 (the “Effective Date”), is entered into by and among Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
Amendment II to Business and Asset Purchase Agreement By and Among Jet X Aerospace LLC An Illinois Liability Company And ASI Aviation Inc. A Nevada Corporation And the Seller Members Dated: July 12, 2021
Business and Asset Purchase Agreement • August 2nd, 2021 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec

Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
Amendment III to Business and Asset Purchase Agreement By and Among Jet X Aerospace LLC An Illinois Liability Company And ASI Aviation Inc. A Nevada Corporation And the Seller Members Dated: August 27, 2021
Business and Asset Purchase Agreement • December 23rd, 2021 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec

Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
Amendment I to Business and Asset Purchase Agreement By and Among Jet X Aerospace LLC An Illinois Liability Company And ASI Aviation Inc. A Nevada Corporation And the Seller Members Dated: April 25, 2021
Business and Asset Purchase Agreement • August 2nd, 2021 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec

Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
AFFIDAVIT of UNDERSTANDING - EMPLOYMENT AGREEMENT
Employment Agreement • June 22nd, 2022 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec

This Affidavit is intended to make clear my understanding of the employment agreement with ASI Aviation, Inc. (the “Company”) dated effective January 1, 2016, which I signed on March 7, 2016 (the “Employment Agreement”).

Sample 1
ASI AVIATION, INC. RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • July 7th, 2020 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec • Nevada

THIS RESTRICTED STOCK Unit AGREEMENT (the “Agreement”) is made effective as of November 26, 2019, by and between ASI Aviation, Inc., a Nevada corporation (the “Company”), and James Silvester (the “Recipient”).

Sample 1
ASSET PURCHASE AGREEMENT BY AND AMONG JET X AEROSPACE LLC AN ILLINOIS LIMITED LIABILITY COMPANY AND ASI AVIATION, INC. A NEVADA CORPORATION AND THE SELLER MEMBERS Dated: February 10, 2020
Asset Purchase Agreement • February 13th, 2020 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec • Virginia

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated February ___ 2020 (the “Effective Date”), is entered into by and among Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
ASSET PURCHASE AGREEMENT BY AND AMONG JET X AEROSPACE LLC AN ILLINOIS LIMITED LIABILITY COMPANY AND ASI AVIATION, INC. A NEVADA CORPORATION AND THE SELLER MEMBERS Dated: October 19 2020
Asset Purchase Agreement • December 30th, 2020 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec • Virginia

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated October 19, 2020 (the “Effective Date”), is entered into by and among Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
Amendment V to Asset Purchase Agreement By and Among Jet X Aerospace LLC An Illinois Liability Company And ASI Aviation Inc. A Nevada Corporation And the Seller Members Dated: July 2, 2020
Asset Purchase Agreement • July 7th, 2020 • ASI Aviation, Inc. • Services-equipment rental & leasing, nec

Jet X Aerospace LLC, an Illinois limited liability company (“Seller” or “Company”), ASI Aviation, Inc., a Nevada Corporation (“Buyer”), and the Seller Members. Buyer, Seller and the Seller Members each are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Sample 1
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