0000950137-07-016680 Sample Contracts

CODESHARE AGREEMENT
Frequent Flyer Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Minnesota

THIS CODESHARE AGREEMENT (the “Agreement”) is made as of this 11th day of February, 2000, by and between NORTHWEST AIRLINES, INC., a Minnesota corporation with its principal office at 5101 Northwest Drive, St. Paul, Minnesota 55111-3034 (“Northwest”), and GULFSTREAM INTERNATIONAL AIRLINES, INC., a Florida corporation with its principal office at 1815 Griffin Road, Suite 400, Dania, Florida 33004 (“Gulfstream”).

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CONSULTANT AGREEMENT MODIFICATION BETWEEN
Lease Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Florida

This supplemental agreement modifies the referenced Used Beechcraft 1900D Airliner Operating Lease Agreement as follows:

SUBCONTRACT AGREEMENT BETWEEN
Subcontract Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Florida
AMENDED AND RESTATED ALLIANCE AGREEMENT
Alliance Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled

Effective with the date specified in Paragraph B below, Continental Airlines, hereinafter referred to as CO, and Gulfstream International Airlines, hereinafter referred to as 3M, agree to the following bilateral revenue settlement agreement:

AIRCRAFT LEASE AGREEMENT Dated as of October 28, 2004 BETWEEN GULFSTREAM INTERNATIONAL AIRLINES, INC. as Lessee and MESA AIRLINES INC. as Lessor
Aircraft Lease Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Florida

This AIRCRAFT LEASE AGREEMENT is dated as of October 28, 2004 (this “Agreement”) and is made between MESA AIRLINES, INC., a Nevada corporation, as lessor (“Lessor”) and GULFSTREAM INTERNATIONAL AIRLINES, INC., a Florida corporation, as lessee (“Lessee”).

USED BEECHCRAFT 1900D AIRLINER OPERATING LEASE AGREEMENT between RAYTHEON AIRCRAFT CREDIT CORPORATION and GULFSTREAM INTERNATIONAL AIRLINES, INC. LEASE AGREEMENT NO. ___ AIRCRAFT SERIAL NO. UE-137 DATE: AUGUST 7, 2003
Operating Lease Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Kansas

This Operating Lease Agreement (“Agreement”) is made and entered into at Wichita, Kansas, as of the date of its execution by the last of the parties hereto to execute the same, by and between RAYTHEON AIRCRAFT CREDIT CORPORATION, a Kansas corporation, with its principal place of business at 101 South Webb Road, Suite 300, Wichita, Kansas 67207 (hereafter “Lessor”), and GULFSTREAM INTERNATIONAL AIRLINES, INC., a Florida corporation, with its principal place of business at 1815 Griffin Road, Suite 400, Dania, Florida 33004 (“Lessee”). This Lease Agreement shall hereinafter be occasionally referred to as the “Lease”.

GULFSTREAM INTERNATIONAL AIRLINES/UNITED AIRLINES CODE SHARE AND REGULATORY COOPERATION AGREEMENT
Share and Regulatory Cooperation Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Illinois

This Agreement is made and entered into by and between UNITED AIR LINES, INC., with its principal place of business at 1200 East Algonquin Road, Elk Grove Township, Illinois 60007 (“UA”) and Gulfstream International Airlines, Inc., with its principal place of business at 1815 Griffin Road, Suite 400, Dania Beach, Florida 33004 (“3M”), each or both parties individually or collectively referred to as “Carrier” or “Carriers” respectively.

LEASE 21624 PERIMETER ROAD, PALM BEACH INTERNATIONAL AIRPORT, WEST PALM BEACH, FLORIDA BY AND BETWEEN CSC APPLIED TECHNOLOGIES, LLC AS LANDLORD AND GULFSTREAM INTERNATIONAL AIRLINES, INC. AS TENANT
Lease • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled • Florida

THIS INSTRUMENT IS AN INDENTURE OF LEASE, effective August 1, 2006 (the “Effective Date”) in which the Landlord and the Tenant are the parties hereinafter named, and which relates to space at 1624 Perimeter Road, Palm Beach International Airport, West Palm Beach, Florida. The parties to this instrument hereby agree with each other as follows:

GULFSTREAM INTERNATIONAL AIRLINES, INC. AMENDED AND RESTATED COMMON STOCK PURCHASE WARRANT March 14, 2006
Gulfstream International Group Inc • November 7th, 2007 • Air transportation, scheduled • Florida

THIS WARRANT to purchase shares of Common Stock, par value $0.001 per share (“Common Stock”), of Gulfstream International Airlines, Inc., a Florida corporation (the “Company”), amends and restates in its entirety the Common Stock Purchase Warrant dated August 8, 2003 issued by the Company to Continental Airlines, Inc., a Delaware corporation (together with its successors and registered assigns, the “Purchaser”), and evidences that, for valuable consideration, receipt and sufficiency of which are hereby acknowledged, the Purchaser is entitled to purchase from the Company the number of shares of Common Stock (the “Shares”), subject to adjustment as provided herein, equal to the sum of:

PASSENGER PRORATE AGREEMENT
Passenger Prorate Agreement • November 7th, 2007 • Gulfstream International Group Inc • Air transportation, scheduled

AGREEMENT, effective the 1st day of October, 2006 by and between UNITED AIR LINES, INC., a Delaware corporation with offices at 1200 E. Algonquin Road, Elk Grove Township, Illinois (“United”), and Gulfstream International Airlines, with offices at 1815 Griffin Road Suite 400, Dania Beach, Florida 33004 (“Gulfstream”).

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