Exhibit
4.11


 


EXECUTION COPY


 


REPLACEMENT
SUBSIDIARY GUARANTY


 


THIS REPLACEMENT
SUBSIDIARY GUARANTY (this “Guaranty”) is made as of the 28th day of
May, 2004, by AirNet Management, Inc., an Ohio corporation; Float Control,
Inc., a Michigan corporation; and Jetride, Inc., an Ohio corporation (each
being referred to herein separately and collectively as a “Subsidiary
Guarantor” and the “Subsidiary Guarantors”) in favor of the Administrative
Agent, for the benefit of the Lenders, the Swingline Lender and the LC Issuer
under the Agreement referred to below.


 


BACKGROUND
INFORMATION


 


A.                                   AirNet
Systems, Inc., an Ohio corporation (the “Borrower”), The Huntington National
Bank, a national banking association, as Administrative Agent (the
“Administrative Agent”) and as Swingline Lender and LC Issuer, and certain
other Lenders from time to time party thereto have entered into a certain
Amended and Restated Credit Agreement dated of even date herewith (as the same
may be amended, modified, supplemented, extended, restated or replaced from
time to time, the “Agreement”), providing, subject to the terms and conditions
thereof, for extensions of credit to be made by the Lenders, the LC Issuer, and
the Swingline Lender to and on behalf of the Borrower.


 


B.                                     It is a condition precedent to any
extension of credit under the Agreement that each of the Subsidiary Guarantors
execute and deliver this Guaranty whereby each of the Subsidiary Guarantors
shall guarantee the payment when due of all Guaranteed Obligations, as defined
in Section 3 below.


 


C.                                     The
execution of this Guaranty is in the interest, and to the direct financial
benefit of, the Subsidiary Guarantors.


 


PROVISIONS


 


NOW, THEREFORE, in
consideration of the premises and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:


 


Section 1.1.  Terms in Agreement.  Each capitalized term used but not otherwise
defined herein shall have the meaning ascribed thereto in the Agreement.


 


Section 2.1.  Representations and Warranties.  Each of the Subsidiary Guarantors represents
and warrants (which representations and warranties shall be deemed to have been
renewed upon each Borrowing Date under the Agreement and on each date that a
Facility LC is issued under the Agreement) that:


 


(a)                                  It
is a corporation or limited liability company, duly and properly incorporated
or organized, validly existing and (to the extent such concept applies to such
entity) in good standing under the laws of its jurisdiction of incorporation or
organization and has all requisite authority to conduct its business in each
jurisdiction in which its business is conducted.


 

















 


(b)                                 It
has the power and authority and legal right to execute and deliver this
Guaranty and to perform its obligations hereunder.  The execution and delivery by it of this Guaranty and the
performance of its obligations hereunder have been duly authorized and this
Guaranty constitutes a legal, valid and binding obligation of such Subsidiary
Guarantor enforceable against it in accordance with its terms, except as
enforceability may be limited by bankruptcy, insolvency or similar laws
affecting the enforcement of creditors’ rights generally and general principles
of equity.


 


(c)                                  Neither
the execution and delivery by it of this Guaranty, nor the consummation of the
transactions herein contemplated, nor compliance with the provisions hereof
will violate (i) any law, rule, regulation, order, writ, judgment, injunction,
decree or award binding on it or (ii) its articles or certificate of
incorporation or organization, by-laws or code of regulations, or operating
agreement as applicable, or (iii) the provisions of any indenture, instrument
or agreement to which it is a party or is subject, or by which it, or its
Property, is bound, or conflict with or constitute a default thereunder, or
result in, or require, the creation or imposition of any Lien in, of or on the
Property of such Subsidiary Guarantor pursuant to the terms of any such
indenture, instrument or agreement.  No
order, consent, adjudication, approval, license, authorization, or validation
of, or filing, recording or registration with, or exemption by, or other action
in respect of any governmental or public body or authority, or any subdivision
thereof, which has not been obtained by such Subsidiary Guarantor, is required
to be obtained by it in connection with the execution and delivery of this
Guaranty or the performance by it of its obligations hereunder or the legality,
validity, binding effect or enforceability of this Guaranty.


 


Section 2.2.  Covenants. 
Each of the Subsidiary Guarantors covenants that, so long as any
Commitment remains outstanding under the Agreement, any Rate Management
Transaction remains in effect or any of the Guaranteed Obligations shall remain
unpaid, that it will, and, if necessary, will enable the Borrower to, fully
comply with the covenants and agreements applicable to it set forth in the
Agreement.


 


Section 3.   Guaranty.  Subject to Section 9 hereof, each of the Subsidiary
Guarantors hereby, jointly and severally, absolutely and unconditionally
guarantees, as primary obligor and not as surety, the full and punctual payment
(whether at stated maturity, upon acceleration or early termination or
otherwise, and at all times thereafter) and performance of any and all
obligations and liabilities of Borrower to the Lenders, the Swingline Lender,
the LC Issuer and the Administrative Agent under the Agreement, any other Loan
Document or otherwise with respect to or in connection with the Loans,
including, without limitation, the Obligations and the Rate Management
Obligations, including, without limitation, any of the same which are incurred
or accrued during the pendency of any bankruptcy, insolvency, receivership or
other similar proceeding, whether or not allowed or allowable in such
proceeding (collectively the “Guaranteed Obligations”).  Upon failure by the Borrower to punctually
pay any such amount, each of the Subsidiary Guarantors agrees that it shall
forthwith on demand pay to the Administrative Agent for the benefit of the
Lenders, the Swingline Lender and the LC Issuer, and, if applicable, their
Affiliates, any such amount at the place and in the manner specified in the
Agreement, any Note, any Rate Management Transaction or the relevant Loan
Document, as the case may be. This Guaranty is a guaranty of payment and not of
collection.  Each of the Subsidiary
Guarantors waives any right to require the Administrative Agent, Swingline
Lender, LC Issuer or any Lender to sue the Borrower, any other Subsidiary
Guarantor or Guarantor (as


 


2

















 


defined in the
Agreement), or any other person obligated for all or any part of the Guaranteed
Obligations, or otherwise to enforce its payment against any collateral
securing all or any part of the Guaranteed Obligations.


 


Section 4.  Guaranty Unconditional.  Subject to Section 9 hereof, the
obligations of each of the Subsidiary Guarantors hereunder shall be
unconditional and absolute and, without limiting the generality of the
foregoing, shall not be released, discharged or otherwise affected by:


 


(i)                                     any
extension, renewal, settlement, compromise, waiver or release in respect of any
of the Guaranteed Obligations, by operation of law or otherwise, or of any obligation
of any other Subsidiary Guarantor or Guarantor, or any default, failure or
delay, willful or otherwise, in the payment or performance of the Guaranteed
Obligations;


 


(ii)                                  any
modification or amendment of or supplement to the Agreement, any Note, any Rate
Management Transaction or any other Loan Document;


 


(iii)                               any
release, nonperfection or invalidity of any direct or indirect security for any
obligation of the Borrower under the Agreement, any Note, any Rate Management
Transaction, any other Loan Document, or any obligations of any other
Subsidiary Guarantor or Guarantor, or any action or failure to act by the
Administrative Agent, Swingline Lender, LC Issuer or any Lender or any
Affiliate of any of them with respect to any collateral securing all or any
part of the Guaranteed Obligations;


 


(iv)                              any
change in the corporate existence, structure or ownership of the Borrower or
any other Subsidiary Guarantor or Guarantor, or any insolvency, bankruptcy,
reorganization or other similar proceeding affecting the Borrower, or any other
Subsidiary Guarantor or Guarantor, or its assets or any resulting release or
discharge of any obligation of the Borrower, or any other Subsidiary Guarantor
or Guarantor;


 


(v)                                 the
existence of any claim, setoff or other rights which any of the Subsidiary
Guarantors may have at any time against the Borrower, any other Subsidiary
Guarantor or Guarantor, the Administrative Agent, Swingline Lender, LC Issuer
or any Lender, any Affiliate of any of them, or any other Person, whether in
connection herewith or any unrelated transactions;


 


(vi)                              any
invalidity or unenforceability relating to or against the Borrower, or any
other Subsidiary Guarantor or Guarantor of any of the Guaranteed Obligations,
for any reason related to the Agreement, any Rate Management Transaction, any
other Loan Document, or any provision of applicable law or regulation
purporting to prohibit the payment by the Borrower, or any other Subsidiary
Guarantor or Guarantor, of the principal of or interest on any Note or any
other amount payable by the Borrower under the Agreement, any Note, any Rate
Management Transaction or any other Loan Document; or


 


(vii)                           any
other act or omission to act or delay of any kind by the Borrower, any other
Subsidiary Guarantor or Guarantor, the Administrative Agent, Swingline Lender,
LC Issuer, any Lender, any Affiliate of any of them, or any other Person or any
other circumstance whatsoever


 


3

















 


which might, but for the
provisions of this paragraph, constitute a legal or equitable discharge of any
Subsidiary Guarantor’s obligations hereunder.


 


Section 5.  Discharge Only Upon Payment In Full: Reinstatement In
Certain Circumstances. 
The Subsidiary Guarantors’ obligations hereunder shall remain in full
force and effect until all Guaranteed Obligations shall have been indefeasibly
paid in full, the Commitments under the Agreement shall have terminated or
expired and all Rate Management Transactions have terminated or expired.  If at any time any payment of the principal
of or interest on any Note or any other amount payable by the Borrower or any
other party under the Agreement, any Rate Management Transaction or any other
Loan Document is rescinded or must be otherwise restored or returned upon the
insolvency, bankruptcy or reorganization of the Borrower or otherwise, the
Subsidiary Guarantors’ obligations hereunder with respect to such payment shall
be reinstated as though such payment had been due but not made at such time.


 


Section 6.  Waivers.  Each of the Subsidiary Guarantors irrevocably waives acceptance
hereof, presentment, demand, protest and, to the fullest extent permitted by
law, any notice to which it is otherwise entitled not provided for herein or in
the Agreement, as well as any requirement that at any time any action be taken
by any Person against the Borrower, any other Subsidiary Guarantor or
Guarantor, or any other Person.


 


Section 7.  Subrogation.  Each of the Subsidiary Guarantors hereby agrees not to assert any
right, claim or cause of action, including, without limitation, a claim for
subrogation, reimbursement, indemnification or otherwise, against the Borrower
or any other Subsidiary Guarantor or Guarantor arising out of or by reason of
this Guaranty or the obligations hereunder, including, without limitation, the
payment or securing or purchasing of any of the Guaranteed Obligations by any
of the Subsidiary Guarantors unless and until the Guaranteed Obligations are
indefeasibly paid in full, any commitment to lend under the Agreement and any
other Loan Documents is terminated and all Rate Management Transactions have
terminated or expired.


 


Section 8.  Stay of Acceleration.  If acceleration of the
time for payment of any of the Guaranteed Obligations is stayed upon the
insolvency, bankruptcy or reorganization of the Borrower, all such amounts
otherwise subject to acceleration under the terms of the Agreement, any Note,
any Rate Management Transaction or any other Loan Document shall nonetheless be
payable by each of the Subsidiary Guarantors hereunder forthwith on demand by
the Administrative Agent.


 


Section 9.  Limitation on Obligations.


 


(a) The provisions of
this Guaranty are severable, and in any action or proceeding involving any
state corporate law, or any state, federal or foreign bankruptcy, insolvency,
reorganization or other law affecting the rights of creditors generally, if the
obligations of any Subsidiary Guarantor under this Guaranty would otherwise be
held or determined to be avoidable, invalid or unenforceable on account of the
amount of such Subsidiary Guarantor’s liability under this Guaranty, then,
notwithstanding any other provision of this Guaranty to the contrary, the
amount of such liability shall, without any further action by the Subsidiary
Guarantors, the Administrative Agent, Swingline Lender, LC Issuer or any Lender
or Affiliate of any of them, be automatically limited and reduced to the
highest amount that is valid and


 


4

















 


enforceable as determined
in such action or proceeding (such highest amount determined hereunder being
the relevant Subsidiary Guarantor’s “Maximum Liability”). This
Section 9(a) with respect to the Maximum Liability of the Subsidiary
Guarantors is intended solely to preserve the rights of the Administrative
Agent, Swingline Lender, LC Issuer and the Lenders hereunder to the maximum
extent not subject to avoidance under applicable law, and neither the
Subsidiary Guarantors nor any other person or entity shall have any right or
claim under this Section 9(a) with respect to the Maximum Liability,
except to the extent necessary so that the obligations of each Subsidiary
Guarantor hereunder shall not be rendered voidable under applicable law.


 


(b)                                 Each
of the Subsidiary Guarantors agrees that the Guaranteed Obligations may at any
time and from time to time exceed the Maximum Liability of each Subsidiary
Guarantor, and may exceed the aggregate Maximum Liability of all Subsidiary
Guarantors, without impairing this Guaranty or affecting the rights and
remedies of the Administrative Agent, Swingline Lender, LC Issuer, the Lenders,
or any Affiliate of any of them hereunder. Nothing in this Section 9(b)
shall be construed to increase any Subsidiary Guarantor’s obligations hereunder
beyond its Maximum Liability.


 


(c)                                  Nothing
in this Section 9 shall affect any Subsidiary Guarantor’s joint and
several liability for the entire amount of the Guaranteed Obligations (up to
such Subsidiary Guarantor’s Maximum Liability).


 


Section 10.  Application of Payments.  All payments received by the Administrative
Agent hereunder shall be applied by the Administrative Agent to payment of the
Guaranteed Obligations in accordance with the Agreement and in the following,
order unless a court of competent jurisdiction shall otherwise direct:


 


(a)                                  FIRST,
to payment of all reasonable costs and expenses of the Administrative Agent,
Swingline Lender, LC Issuer and the Lenders incurred in connection with the
collection and enforcement of the Guaranteed Obligations or of any security
interest granted to the Administrative Agent or any of them in connection with
any collateral securing the Guaranteed Obligations;


 


(b)                                 SECOND,
to payment of that portion of the Guaranteed Obligations constituting accrued
and unpaid interest and fees, pro rata among the Lenders, Swingline Lender, LC
Issuer and their respective Affiliates in accordance with the amount of such
accrued and unpaid interest and fees owing to each of them;


 


(c)                                  THIRD,
to payment of the principal of the Guaranteed Obligations and the net early
termination payments and any other Rate Management Obligations then due and
unpaid from the Borrower to any of the Lenders, the Swingline Lender, LC Issuer
or their respective Affiliates, pro rata among them in accordance with the
amount of such principal and such net early termination payments and other Rate
Management Obligations then due and unpaid owing to each of them;


 


5

















 


(d)                                 FOURTH,
to payment of any Guaranteed Obligations (other than those listed above) pro
rata among those parties to whom such Guaranteed Obligations are due in
accordance with the amounts owing to each of them; and


 


(e)                                  FIFTH,
the balance, if any, after all of the Guaranteed Obligations have been
indefeasibly satisfied, shall be paid to the Borrower, as agent for the
Subsidiary Guarantors.


 


Section 11.  Notices.  All notices, requests and other
communications to any party hereunder shall be given, and deemed given, when
made in accordance with the provisions of Section 12.14 of the
Agreement.  The address or telecopier
number to which any such communication is to be given to each Subsidiary
Guarantor is set forth on the signature pages hereof.


 


Section 12.  No Waivers.  No failure or delay by the Administrative
Agent, Swingline Lender, LC Issuer or any Lender or any Affiliate of any of
them in exercising any right, power or privilege hereunder shall operate as a
waiver thereof nor shall any single or partial exercise thereof preclude any
other or further exercise thereof or the exercise of any other right, power or
privilege.  The rights and remedies
provided in this Guaranty, the Agreement, any Note, any Rate Management
Transaction and the other Loan Documents shall be cumulative and not exclusive
of any rights or remedies provided by law.


 


Section 13.  No Duty to Advise.  Each of the Subsidiary Guarantors assumes
all responsibility for being and keeping itself informed of the Borrower’s
financial condition and assets, and of all other circumstances bearing upon the
risk of nonpayment of the Guaranteed Obligations and the nature, scope and
extent of the risks that each of the Subsidiary Guarantors assumes and incurs
under this Guaranty, and agrees that neither the Administrative Agent,
Swingline Lender, LC Issuer, any Lender, nor any Affiliate of any of them, has
any duty to advise any of the Subsidiary Guarantors of information known to it
regarding those circumstances or risks.


 


Section 14.  Successors and Assigns.  This Guaranty is for the benefit of the
Administrative Agent, Swingline Lender, LC Issuer and the Lenders and their
respective Affiliates, successors and permitted assigns and in the event of an
assignment of any amounts payable under the Agreement, any Note, any Rate
Management Transaction, or the other Loan Documents, the rights hereunder, to
the extent applicable to the indebtedness so assigned, shall be transferred
with such indebtedness. This Guaranty shall be binding upon each of the
Subsidiary Guarantors and their respective successors and permitted assigns.


 


Section 15.  Changes in Writing.  Neither this Guaranty nor any provision
hereof may be changed, waived, discharged or terminated orally, but only in
writing signed by each of the Subsidiary Guarantors and the Administrative
Agent with the consent of the Required Lenders, to the extent said consent is
required under the Agreement.


 


Section 16.  Costs of Enforcement.  Each of the Subsidiary Guarantors agrees to
pay all reasonable costs and expenses including, without limitation, all court
costs and reasonable attorneys’ fees and expenses paid or incurred by the
Administrative Agent, Swingline Lender, LC Issuer or any Lender or any
Affiliate of any of them in its endeavor to collect all or any part of the


 


6

















 


Guaranteed Obligations
from, or in prosecuting any action against, the Borrower, the Subsidiary
Guarantors or any other Guarantor of all or any part of the Guaranteed
Obligations.


 


Section 17.  Consent To Jurisdiction.  Each of the Subsidiary Guarantors hereby
irrevocably submits to the non-exclusive jurisdiction of any United States
federal or Ohio state court sitting in Columbus, Ohio in any action or
proceeding arising out of or relating to any Loan Documents and each of the
Subsidiary Guarantors hereby irrevocably agrees that all claims in respect of
such action or proceeding may be heard and determined in any such court and
irrevocably waives any objection it may now or hereafter have as to the venue
of any such suit, action or proceeding brought in such a court or that such
court is an inconvenient forum.  Nothing
herein shall limit the right of the Administrative Agent, Swingline Lender, LC
Issuer or any Lender to bring proceedings against a Subsidiary Guarantor in the
courts of any other jurisdiction.  Any
judicial proceeding by a Subsidiary Guarantor against the Administrative Agent,
Swingline Lender, LC Issuer or any Lender or any Affiliate of any of them
involving, directly or indirectly, any matter in any way arising out of,
related to, or connected with any Loan Document shall be brought only in a
court in Columbus, Ohio.


 


Section 18.  WAIVER OF JURY TRIAL. EACH
SUBSIDIARY GUARANTOR, THE ADMINISTRATIVE AGENT, SWINGLINE LENDER, LC ISSUER AND
EACH LENDER HEREBY WAIVE TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING,
DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR
OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH ANY LOAN
DOCUMENT OR THE RELATIONSHIP ESTABLISHED THEREUNDER.


 


Section 19.  Taxes. etc.  All payments required to be made by any of
the Subsidiary Guarantors hereunder shall be made without setoff or
counterclaim and free and clear of and without deduction or withholding for or
on account of, any present or future taxes, levies, imposts, duties or other
charges of whatsoever nature imposed by any government or any political or
taxing authority thereof (but excluding Excluded Taxes), provided, however,
that if any of the Subsidiary Guarantors is required by law to make such
deduction or withholding, such Subsidiary Guarantor shall forthwith (i) pay to
the Administrative Agent, Swingline Lender, LC Issuer or any Lender, as
applicable, such additional amount as results in the net amount received by the
Administrative Agent, Swingline Lender, LC Issuer or any Lender, as applicable,
which equals the full amount which would have been received by the
Administrative Agent, Swingline Lender, LC Issuer or any Lender, as applicable,
had no such deduction or withholding been made, (ii) pay the full amount deducted
to the relevant authority in accordance with applicable law, and (iii) furnish
to the Administrative Agent, Swingline Lender, LC Issuer or any Lender, as
applicable, certified copies of official receipts evidencing payment of such
withholding taxes within 30 days after such payment is made.


 


Section 20.  Replacement.  This Guaranty is given as
a replacement for and as evidence of the obligation owing by the Subsidiary
Guarantors under that certain Subsidiary Guaranty given in favor of
Administrative Agent for the benefit of the Lenders dated September 30,
2002 (the “Original Guaranty”).  Neither
this Guaranty nor the other Loan Documents shall constitute a satisfaction or
refinance of the Guaranteed Obligations (as such term was defined in the
Original Guaranty).


 


7

















 


Section 21.  Warrant of Attorney.  Each Subsidiary Guarantor hereby irrevocably
authorizes any attorney-at-law, including any attorney-at-law employed or
retained by the Administrative Agent, Swingline Lender, LC Issuer or any
Lender, or any Affiliate of any of them, to appear for it in any action on this
Guaranty at any time after the amounts payable hereunder become due as herein
provided in any court of record situated in the county where this warrant was
signed (being Franklin County, Ohio), or in the county where the Subsidiary
Guarantor then resides or can be found, to waive the issuing and service of
process, and confess a judgment in favor of the holder of this Guaranty against
the Subsidiary Guarantor, for the amount that may then be due, with interest
thereon, together with the costs of suit, and to waive and release all errors
in said proceedings and the right to appeal from the judgment rendered.  Each Subsidiary Guarantor consents to the
jurisdiction and venue of such court. 
Each Subsidiary Guarantor waives any conflict of interest that any
attorney-at-law employed or retained by the Administrative Agent, Swingline
Lender, LC Issuer, any Lender or any Affiliate of any of them may have in
confessing judgment hereunder and consents to the payment of a legal fee to any
attorney-at-law confessing judgment hereunder.


 


 


[signatures set
forth on the following pages]


 


8

















 


IN WITNESS WHEREOF, each of
the Subsidiary Guarantors has caused this Guaranty to be duly executed, by its
duly authorized officer as of the day and year first above written.


 


	
   

  	
  AirNet
  Management, Inc.

  an Ohio corporation

  
	
  Address:

  	
   

  
	
  3939 International
  Gateway

  	
   

  
	
  Columbus, Ohio 43219

  	
  By:

  	
   

  	
  /s/ Gary W. Qualmann

  
	
   

  	
   

  	
  Gary W. Qualmann

  
	
   

  	
  Title:

  	
  Secretary

  
	
  Telephone: (614)
  237-2057

  	
   

  	
   

  
	
  Facsimile: (614)
  237-7876

  	
   

  	
   

  



 


WARNING
—  BY SIGNING THIS PAPER YOU GIVE UP
YOUR RIGHT TO NOTICE AND COURT TRIAL. 
IF YOU DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST YOU
WITHOUT YOUR PRIOR KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT
FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE AGAINST THE CREDITOR WHETHER FOR
RETURNED GOODS, FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT,
OR ANY OTHER CAUSE.


 


[signatures
continue on the following page]


 

















 


	
   

  	
  Float
  Control, Inc.,

  a Michigan corporation

  
	
  Address:

  	
   

  
	
  3939 International
  Gateway

  	
   

  
	
  Columbus, Ohio 43219

  	
  By:

  	
   

  	
  /s/ Gary W. Qualmann

  
	
   

  	
   

  	
  Gary W. Qualmann

  
	
   

  	
  Title:

  	
  Secretary

  
	
  Telephone: (614)
  237-2057

  	
   

  	
   

  
	
  Facsimile: (614)
  237-7876

  	
   

  	
   

  



 


 


WARNING
—  BY SIGNING THIS PAPER YOU GIVE UP
YOUR RIGHT TO NOTICE AND COURT TRIAL. 
IF YOU DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST YOU
WITHOUT YOUR PRIOR KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT
FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE AGAINST THE CREDITOR WHETHER FOR
RETURNED GOODS, FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT,
OR ANY OTHER CAUSE.


 


10

















 


	
   

  	
  Jetride,
  Inc.,

  an Ohio corporation

  
	
  Address:

  	
   

  
	
  3939 International
  Gateway

  	
   

  
	
  Columbus, Ohio 43219

  	
  By:

  	
   

  	
  /s/ Gary W. Qualmann

  
	
   

  	
   

  	
   

  	
  Gary W. Qualmann

  
	
   

  	
  Title:

  	
  Secretary

  
	
  Telephone: (614)
  237-2057

  	
   

  	
   

  
	
  Facsimile: (614)
  237-7876

  	
   

  	
   

  
					



 


 


WARNING
—  BY SIGNING THIS PAPER YOU GIVE UP
YOUR RIGHT TO NOTICE AND COURT TRIAL. 
IF YOU DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST YOU
WITHOUT YOUR PRIOR KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT
FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE AGAINST THE CREDITOR WHETHER FOR
RETURNED GOODS, FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT,
OR ANY OTHER CAUSE.


 


11