0001104659-06-043830 Sample Contracts

Execution Version AGREEMENT
Execution Version • June 27th, 2006 • Mair Holdings Inc • Air transportation, scheduled • Massachusetts

THIS AGREEMENT (“Agreement”) dated as of April 18, 2006 between MAIR Holdings, Inc., a Minnesota corporation (“MAIR”), and UMB Bank, N.A. as trustee for the $14,000,000 Kenton County Airport Board Special Facilities Revenue Bonds,1999 Series A (Mesaba Aviation, Inc. Project) (the “Trustee”).

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LETTER OF CREDIT REIMBURSEMENT AGREEMENT Between
Letter of Credit Reimbursement Agreement • June 27th, 2006 • Mair Holdings Inc • Air transportation, scheduled • Montana

THIS LETTER OF CREDIT REIMBURSEMENT AGREEMENT, dated as of April 17, 2006, is by and between MAIR HOLDINGS, INC., a Minnesota corporation (the “Corporation”), and FIRST INTERSTATE BANK, a Montana banking corporation (the “Bank”).

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