0001047469-05-008605 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • March 31st, 2005 • Flyi Inc • Air transportation, scheduled • Virginia

THIS SEVERANCE AGREEMENT (the "Agreement") was executed by the parties as of the date set forth on the signature page (the "Signature Date") and was authorized and effective as of September 4, 2003 (the "Effective Date"), by and between FLYi, Inc., a Delaware corporation ("FLYI") and Independence Air, Inc., a California corporation ("Independence Air"), and ("Employee").

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AMENDED AND RESTATED SEVERANCE AGREEMENT
Severance Agreement • March 31st, 2005 • Flyi Inc • Air transportation, scheduled • Virginia

THIS AMENDED AND RESTATED SEVERANCE AGREEMENT (the "Agreement") was executed by the parties as of the date set forth on the signature page (the "Signature Date") and was authorized and effective as of November 17, 2003 (the "Effective Date"), by and between FLYi, Inc., a Delaware corporation ("FLYi") and Independence Air, Inc., a California corporation, and Richard J. Surratt ("Surratt").

GENERAL TERMS OF SALE BETWEEN IAE INTERNATIONAL AERO ENGINES AG AND ATLANTIC COAST AIRLINES Effective September 30, 2004
Agreement • March 31st, 2005 • Flyi Inc • Air transportation, scheduled • New York

IAE INTERNATIONAL AERO ENGINES AG a joint stock company organized and existing under the laws of Switzerland, with a place of business at 400 Main Street, M/S 121-10, East Hartford, Connecticut 06108, USA, (hereinafter called "IAE") and

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