Document:

Exhibit

Exhibit 10.64

CERTIFICATE OF GRANT
Aramark
Performance Restricted Stock Award
(Relative TSR Vesting)

This certifies that the Participant:
[Name]
has been granted under this Certificate of Grant a number of shares of Common Stock (equal to the “Maximum Number of Shares of Performance Restricted Stock” set forth on this certificate) which are eligible to vest in accordance with the Vesting Schedule indicated below (subject to achievement of the performance conditions set forth in the attached Award):
VESTING SCHEDULE
	
		
	Performance 
Restricted Stock
	Vesting 
Date

	100% 
	September 28, 20181

	
		
	Target Number of Shares of Performance Restricted Stock:  []
	Participant Account Number:  []

	Maximum Number of Shares of Performance Restricted Stock: []
	 

	Date of Grant:  []
	Grant Number:  []

This grant of Performance Restricted Stock is subject to the terms and conditions of the Aramark (formerly known as ARAMARK Holdings Corporation) 2013 Stock Incentive Plan (the “Plan”), this Certificate of Grant and the attached Performance Restricted Stock Award (the “Award”).  Capitalized terms used in this Certificate of Grant that are not defined shall have the same meanings as in the Award and the Plan.
                                                
1 [NTD: Insert date that is the end of the third fiscal year of the performance period]

[Form of Performance Restricted Stock Award - TSR Vesting]

Aramark
FORM OF
PERFORMANCE RESTRICTED STOCK AWARD

		
	1.
	Grant of Performance Restricted Stock.  The Company hereby grants a number of shares of Performance Restricted Stock equal to the “Maximum Number of Shares of Performance Restricted Stock” set forth on the Certificate of Grant attached to this Award and made a part hereof (the “Certificate of Grant”) to the Participant, on the terms and conditions hereinafter set forth including on Schedule I which is made a part hereof.  This grant is made pursuant to the terms of the Aramark (formerly known as ARAMARK Holdings Corporation) 2013 Stock Incentive Plan (the “Plan”), which Plan, as amended from time to time, is incorporated herein by reference and made a part of this Award.  Each share of Performance Restricted Stock (a “Share of Performance Restricted Stock”) represents a share of Common Stock of the Company (each a “Share”), which are initially unvested and subject to forfeiture under the terms and conditions hereof, on the date(s) specified herein.  Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan and the Certificate of Grant.

		
	2.
	Performance and Service Vesting Conditions.  

Subject to the remainder of the terms and conditions of this Award, so long as the Participant continues Employment through the Vesting Date the Participant shall earn, and become vested in a number of Shares of Performance Restricted Stock (if any) equal to a percentage of the Target Number of Shares of Performance Restricted Stock based on the level of the Company’s achievement of the performance conditions, with respect to the applicable performance period (the “Performance Period”), each as set forth on Schedule I, on the date such achievement is certified by the Committee (the “Determination Date”) (such number of Shares of Performance Restricted Stock, once established, the “Earned Shares of Performance Restricted Stock”).  For the avoidance of doubt, the maximum number of Earned Shares of Performance Restricted Stock shall be the “Maximum Number of Shares of Performance Restricted Stock” set forth on the Certificate of Grant.
		
	3.
	Vesting and Forfeiture of Shares.

		
	(a)
	The Company shall, subject to the remainder of this Award, vest the Participant in (and cause the forfeiture restrictions to lapse on) the Earned Shares of Performance Restricted Stock under this Award on the Determination Date (x) so long as the Participant remains employed with the Company or any of its Affiliates through the Vesting Date, or (y) as otherwise provided in Section 3(b) or (c) below (in whole Shares only with the Participant receiving a cash payment equal to the Fair Market Value of any fractional Share on or about the vesting date).

		
	(b)
	Notwithstanding Section 3(a) of this Award,

		
	(i)
	upon a Termination of Relationship as a result of the Participant’s death, Disability, or Retirement (each, a “Special Termination”), which occurs prior to the Determination Date, the Shares of Performance Restricted Stock shall remain outstanding and unvested through the Determination Date, and the Specified Portion (as defined below) of the Earned Shares of Performance Restricted Stock (if any) scheduled to vest on the Determination Date shall become vested Shares as of the Determination Date; and the remaining Shares of Performance Restricted Stock 

which do not become vested pursuant to this clause (i) shall be automatically forfeited; for purposes of this Section 3(b)(i), the term “Specified Portion” shall mean (x) one-third (1/3) if the Special Termination occurs prior to the beginning of the second fiscal year of the Performance Period, (y) two-thirds (2/3) if the Special Termination occurs on or after the beginning of the second fiscal year of the Performance Period and prior to the beginning of the third fiscal year of the Performance Period and (z) the entire amount if the Special Termination occurs on or after the beginning of the third fiscal year of the Performance Period; and 
		
	(ii)
	upon a Termination of Relationship for any reason other than as set forth in clause (i) above, all outstanding Shares of Performance Restricted Stock shall be forfeited and immediately cancelled; provided, however, that in the case of a Termination of Relationship after the Vesting Date but prior to the Determination Date, the corresponding portion of the Earned Shares of Performance Restricted Stock (if any) shall remain outstanding and shall become vested Shares as of the Determination Date.  

		
	(c)
	Also notwithstanding Section 3(a) or (b) of this Award, in accordance with the terms of Section 13 of the Plan, in the event of a Termination of Relationship of the Participant by the Company or any of its Affiliates (or successors in interest) without Cause or by the Participant for Good Reason, in each case, that occurs within two years following a Change of Control, the following treatment (under clauses (A) or (B), as applicable) will apply with respect to any then outstanding Shares of Performance Restricted Stock:

(A) if such termination occurs prior to the Vesting Date, then such Performance Period shall end as of such date, and, subject to the satisfaction of the Relative TSR Condition, as set forth on Schedule I, the Target Number of Shares of Performance Restricted Stock shall become vested on the date of such Termination of Relationship and the remaining Shares of Performance Restricted Stock will be forfeited; or 
(B) if such termination occurs on or following the Vesting Date but prior to the Determination Date, then the Earned Shares of Performance Restricted Stock (if any) shall become vested on the Determination Date and the remaining Shares of Performance Restricted Stock will be forfeited; 
provided that the Committee may determine that, in lieu of Shares and/or fractional Shares that become vested under clauses (A) or (B) above, the Participant shall receive a cash payment equal to the Fair Market Value of such Shares (or fractional Shares, as the case may be) on the Change of Control.  
		
	(d)
	Upon the vesting event of any Shares of Performance Restricted Stock or Earned Shares of Performance Restricted Stock, in each case in accordance with Sections 3(a), 3(b) or 3(c) of this Award, as applicable, the forfeiture restrictions on such Shares shall be extinguished on the relevant vesting dates.  

		
	4.
	Dividends.  If on any date while Shares of Performance Restricted Stock are outstanding hereunder, the Company shall pay any dividend on the Shares (whether payable in cash or in-kind), then such dividends in respect of such unvested Shares of Performance Restricted Stock will be withheld by the Company and distributed to the Participant (without interest) if and when the underlying Shares of Performance Restricted Stock become vested in accordance with the terms of this Award.  If the underlying unvested Shares of Performance Restricted Stock are forfeited for any reason, then the Participant shall have no right to any dividends withheld by the Company in respect of such forfeited Shares of Performance Restricted Stock.

		
	5.
	Adjustments Upon Certain Events. In the event of any event described in Section 12 of the Plan occurring after the Date of Grant, the adjustment provisions (including cash payments) as provided for under Section 12 of the Plan shall apply (without duplication of any dividends paid pursuant to Section 4 hereof).

		
	6.
	Restriction on Transfer.  The Shares of Performance Restricted Stock may not be transferred, pledged, assigned, hypothecated or otherwise disposed of in any way by the Participant (prior to the vesting thereof), except (i) if permitted by the Board or the Committee, (ii) by will or the laws of descent and distribution or (iii) pursuant to beneficiary designation procedures approved by the Company, in each case in compliance with applicable laws.  The Shares of Performance Restricted Stock shall not be subject to execution, attachment or similar process.   Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Shares of Performance Restricted Stock contrary to the provisions of this Award or the Plan shall be null and void and without effect.

		
	7.
	Data Protection.  By accepting this Award, the Participant consents to the processing (including international transfer) of personal data as set out in Exhibit A attached hereto for the purposes specified therein and to any additional or different processes required by applicable law, rule or regulation.

		
	8.
	Participant’s Employment.  Nothing in this Award or in the Performance Restricted Stock shall confer upon the Participant any right to continue in the employ of the Company or any of its Affiliates or interfere in any way with the right of the Company and its Affiliates, in their sole discretion, to terminate the Participant’s employment or to increase or decrease the Participant’s compensation at any time.

		
	9.
	No Acquired Rights.  The Committee or the Board has the power to amend or terminate the Plan at any time and the opportunity given to the Participant to participate in the Plan and the grant of this Award is entirely at the discretion of the Committee or the Board and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or different terms).  The Participant’s participation in the Plan and the receipt of this Award is outside the terms of the Participant’s regular contract of employment and is therefore not to be considered part of any normal or expected compensation and that the termination of the Participant’s employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Award or the Plan that may arise as a result of such termination of employment.

		
	10.
	Rights of a Stockholder.  The Participant shall have the rights as a stockholder of the Company with respect to the Shares of Performance Restricted Stock, subject to the terms and conditions of this Agreement and the Plan (including, without limitation, the provisions related to the dividends under Section 4 hereof and the legend requirements described under Section 9(e) of the Plan).  The Shares of Performance Restricted Stock shall be registered in the Company’s register of stockholders on the Date of Grant.

		
	11.
	Withholding.  

		
	(a)
	The Participant will pay, or make provisions satisfactory to the Company for payment of any federal, state, local and other applicable taxes required to be withheld in connection with any issuance or transfer of Shares under this Award and to take such action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such taxes. If Participant has not made payment for applicable taxes, such taxes shall be paid by withholding Shares from the issuance, vesting or transfer of Shares due under this Award, rounded down to the nearest whole Share, with the balance to be paid in cash or withheld from compensation or other amount owing to the Participant from the Company or any Affiliate, and the Company and any such Affiliate is hereby authorized to withhold such amounts from any such issuance, transfer, compensation or other amount owing to the Participant.

		
	(b)
	If the Participant’s employment with the Company terminates prior to the issuance, vesting or transfer of any remaining Shares due to be issued, vested or transferred to the Participant under this Award, the payment of any applicable withholding taxes with respect to any such issuance, vesting or transfer shall be made through the withholding of Shares from such issuance, vesting or transfer, rounded down to the nearest whole Share, with the balance to be paid in cash or withheld from compensation or other amount owing to the Participant from the Company or any Affiliate, as provided in Section 11(a) above.

		
	12.
	Section 409A of the Code. The provisions of Section 15(v) of the Plan are hereby incorporated by reference and made a part hereof.

		
	13.
	Performance Restricted Stock Subject to Plan.  All Shares of Performance Restricted Stock are subject to the Plan.  In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail.

		
	14.
	Notices.  All notices, claims, certifications, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given and delivered if personally delivered or if sent by nationally-recognized overnight courier, by telecopy, email or by registered or certified mail, return receipt requested and postage prepaid, addressed as follows:

If to the Company, to it at:
Aramark
ARAMARK Tower
1101 Market Street
Philadelphia, PA 19107-2988
Attention: Head of Human Resources
If to the Participant, to him or her at the address set forth on the signature page hereto; or to such other address as the party to whom notice is to be given may have furnished to the other party in writing in accordance herewith. Any such notice or other communication shall be deemed to have been received (a) in the case of personal delivery, on the date of such delivery (or if such date is not a business day, on the next business day after the date of delivery), (b) in the case of nationally-recognized overnight courier, on the next business day after the date sent, (c) in the case of telecopy transmission, when received (or if not sent on a business day, on the next business day after the date sent), and (d) in the case of mailing, on the third business day following that on which the piece of mail containing such communication is posted.
		
	15.
	Waiver of Breach.  The waiver by either party of a breach of any provision of this Award must be in writing and shall not operate or be construed as a waiver of any other or subsequent breach.

		
	16.
	Governing Law.  THIS AWARD WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE STATE OF NEW YORK OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF NEW YORK TO BE APPLIED. IN FURTHERANCE OF THE FOREGOING, THE INTERNAL LAW OF THE STATE OF NEW YORK WILL CONTROL THE INTERPRETATION AND CONSTRUCTION OF THIS AWARD, EVEN IF UNDER SUCH JURISDICTION’S CHOICE OF LAW OR CONFLICT OF 

LAW ANALYSIS, THE SUBSTANTIVE LAW OF SOME OTHER JURISDICTION WOULD ORDINARILY APPLY.
		
	17.
	Modification of Rights; Entire Agreement.  The Participant’s rights under this Award and the Plan may be modified only to the extent expressly provided under this Award or under Sections 14(a) and (b) of the Plan. This Award and the Plan (and the other writings referred to herein) constitute the entire agreement between the parties with respect to the subject matter hereof and thereof and supersede all prior written or oral negotiations, commitments, representations and agreements with respect thereto.

		
	18.
	Severability.  It is the desire and intent of the parties hereto that the provisions of this Award be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular provision of this Award shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Award or affecting the validity or enforceability of such provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Award or affecting the validity or enforceability of such provision in any other jurisdiction.

Name:    [see Certificate of Grant - Participant]

Date:    [Acceptance Date]

[Note: Grant will be accepted electronically.]

Exhibit A
DATA PROTECTION PROVISION
		
	(a)
	By participating in the Plan or accepting any rights granted under it, the Participant consents to the collection and processing by the Company and its Affiliates of personal data relating to the Participant by the Company and its Affiliates and/or agents so that they can fulfill their obligations and exercise their rights under the Plan, issue certificates (if any), statements and communications relating to the Plan and generally administer and manage the Plan, including keeping records of participation levels from time to time.  Any such processing shall be in accordance with the purposes and provisions of this data protection provision.  References in this provision to the Company and its Affiliates include the Participant's employer.

These data will include data:
(i)already held in the Participant's records such as the Participant's name and address, ID number, payroll number, length of service and whether the Participant works full-time or part time;
(ii)collected upon the Participant accepting the rights granted under the Plan (if applicable); and
(iii)subsequently collected 
by the Company or any of its Affiliates and/or agents in relation to the Participant's continued participation in the Plan, for example, data about shares offered or received, purchased or sold under the Plan from time to time and other appropriate financial and other data about the Participant and his or her participation in the Plan (e.g., the date on which the shares were granted, termination of employment and the reasons of termination of employment or retirement of the Participant).
		
	(b)
	This consent is in addition to and does not affect any previous consent provided by the Participant to the Company or its Affiliates.

		
	(c)
	In particular, the Participant expressly consents to the transfer of personal data about the Participant as described in paragraph (a) above by the Company and its Affiliates and/or agents.  Data may be transferred not only within the country in which the Participant is based from time to time or within the EU or the European Economic Area The European Economic Area is composed of 27 member states of the European Union plus Iceland, Liechtenstein and Norway. (“EEA”), but also worldwide, to other employees and officers of the Company and its Affiliates and/or agents and to the following third parties for the purposes described in paragraph (a) above:

(i)Plan administrators, transfer agents, auditors, brokers, agents and contractors of, and third party service providers to, the Company or its Affiliates such as printers and mail houses engaged to print or distribute notices or communications about the Plan;
(ii)regulators, tax authorities, stock or security exchanges and other supervisory, regulatory, governmental or public bodies as required by law;
(iii)actual or proposed merger or acquisition partners or proposed assignees of, or those taking or proposing to take security over, the business or assets or stock of the Company or its Affiliates and their agents and contractors; 
(iv)other third parties to whom the Company or its Affiliates and/or agents may need to communicate/transfer the data in connection with the administration of the Plan, under a duty of confidentiality to the Company and its Affiliates; and 
(v)the Participant's family members, physicians, heirs, legatees and others associated with the Participant in connection with the Plan.

Not all countries, where the personal data may be transferred to, have an equal level of data protection as in the EU or EEA.  Countries to which data are transferred include the USA and Bermuda.

All national and international transfer of personal data is only done in order to fulfill the obligations and rights of the Company and/or its Affiliates under the Plan. 

The Participant may access, modify, correct or withdraw consent to process most Personal Information about the Participant by contacting the local data protection officer in the country in which the Participant is based.  Please note, however, that certain Personal Information about the Participant may be exempt from such access, correction, objection, suppression or deletion rights pursuant to applicable data protection laws, if the Participant has a complaint regarding the manner in which personal information relating to the Participant is dealt with, the Participant should contact the appropriate local data protection officer referred to above.

		
	(d)
	The processing (including transfer) of data described above is essential for the administration and operation of the Plan.  Therefore, in cases where the Participant wishes to participate in the Plan, it is essential that his/her personal data are processed in the manner described above.  At any time the Participant may withdraw his or her consent.Exhibit

Exhibit 10.69
FORM OF AIRCRAFT TIME SHARING AGREEMENT
THIS AIRCRAFT TIME SHARING AGREEMENT (this “Agreement”) is made effective as of [                                   ] (the “Effective Date”), by and between ARAMARK SERVICES, INC., a Delaware corporation (“Operator”) and [                                   ], an individual (“Lessee”), who together are sometimes also referred to herein individually as a “Party” or collectively as “Parties.”
RECITALS
WHEREAS, Operator leases the aircraft identified in Schedule A hereto (collectively the “Aircraft”); and
WHEREAS, Operator employs or contracts for a fully qualified flight crew to operate the Aircraft; and
WHEREAS, Lessee desires from time to time to lease an Aircraft with flight crew from Operator on a time-sharing basis, as defined in 91.501(c)(1) of the Federal Aviation Regulations (“FAR”).
NOW, THEREFORE, for and in consideration of the mutual covenants contained herein, Operator and Lessee agree as follows:
1.     TERM. This Agreement shall commence on the Effective Date and be and continue in effect for a period of one (1) year from the Effective Date of this Agreement, and thereafter shall be automatically renewed for successive periods of one (1) year, subject to any termination pursuant to Section 15.
2.     LEASE OF AIRCRAFT. Operator agrees to lease the Aircraft to Lessee on a non-exclusive basis from time-to-time and subject to availability pursuant to the provisions of FAR 91.501(b)(6), 91.501(c)(1) and 91.501(d), and to provide a fully qualified flight crew for all operations under this Agreement.  For the avoidance of doubt, only those flights as to which Lessee notifies Operator of Lessee’s intention to provide Operator with reimbursement therefor shall be considered conducted under this Agreement.    
3.     FLIGHT REQUESTS. Lessee will provide Operator with requests for flight time and proposed flight schedules as far in advance of any given flight as is reasonably possible.  Requests for flight time shall be in a form, whether written or oral, mutually agreed upon by the parties. In addition to the proposed schedules and flight times, Lessee shall provide Operator the following information for each proposed flight prior to scheduled departure:
(a) the specific aircraft requested;
(b) proposed departure point;
(c) destination;
(d) date and time of flight;
(e) the number of anticipated passengers and their names;
(f) the nature and extent of luggage and/or cargo to be carried;
(g) the date and time of return flight, if any; 
(h) for international trips, passport information and Customs-required information for all passengers; and
(i) any other information concerning the proposed flight that may be pertinent or required by Operator or Operator’s flight crew for security or other purposes.
4.     SCHEDULING FLIGHTS. Lessee’s rights to schedule the use of the Aircraft hereunder shall at all times be subordinate to business use requirements of Operator, and Operator shall have final authority over the scheduling of the Aircraft, provided, however, that Operator will use its best efforts to provide the aircraft requested and otherwise accommodate Lessee’s needs and to avoid conflicts in scheduling.  For purposes of the Agreement, the Aircraft’s base of operations is [                                   ] (PHL) (“Home Base”).  Positioning flights to other locations and/or repositioning 

flights back to the Home Base, in each case, in connection with flights requested and conducted for Lessee under this Agreement, shall also be considered flights conducted for Lessee under this Agreement and subject to reimbursement. 
5.     REIMBURSEMENT OF EXPENSES.  For each flight conducted under this Agreement, Lessee shall reimburse Operator an amount determined from time to time by Operator as the incremental cost and expense of operating the Aircraft, provided, however the amount for each flight shall be limited to no more than the charges prescribed by Federal Aviation FAR 91.501(d).
6.     INVOICING FOR FLIGHTS. The reimbursement of costs and expenses contemplated by Section 5 for any flight conducted under this Agreement shall be billed to Lessee by the 30th day of the month following the month in which any such flight or flights occur.  The invoice shall set forth amount determined by Operator as the incremental cost and expense in accordance with Section 5 of each flight taken by Lessee.  Lessee shall pay Operator for the total expenses set forth on each such invoice within fifteen (15) days of receipt of such invoice.
7.     TAXES. None of the payments to be made by Lessee under Section 5 of this Agreement includes, and Lessee shall be responsible for and shall indemnify and hold harmless Operator against, any taxes that may be assessed or levied by any taxing authority as a result of the lease of the Aircraft to Lessee, the use of the Aircraft by Lessee or the provision of taxable transportation to Lessee using the Aircraft.  Without limiting the generality of the foregoing, the parties acknowledge that reimbursement of expenses pursuant to Section 5 are subject to the federal excise tax, and Lessee shall pay to Operator (for payment to the appropriate governmental agency) any such taxes applicable to flights of the Aircraft conducted hereunder. The amount due for taxes shall be included on the invoices submitted to Lessee.
8.     MAINTENANCE OF AIRCRAFT.  As between Operator and Lessee, Operator shall be solely responsible for securing maintenance, preventive maintenance and all required or otherwise necessary inspections on the Aircraft, and shall take such requirements into account in scheduling the Aircraft.  
9.     OPERATIONAL CONTROL. “Operational Control,” as defined in 14 C.F.R. Paragraph 1.1 and for the purposes of this Agreement with respect to a flight, means the exclusive exercise of authority over initiating, conducting, or terminating a flight. Operator shall have operational control of the Aircraft, which shall include, without limitation, providing the flight crew, selecting the pilot in command and all other physical and technical operations of the Aircraft.
10.     FLIGHT CREW. Operator shall employ or contract with others to employ, pay for and provide to Lessee a qualified flight crew for each flight undertaken under this Agreement.  
11.     SAFETY OF FLIGHTS. In accordance with applicable FAR, the qualified flight crew provided by Operator will exercise all of its duties and responsibilities in regard to the safety of each flight conducted hereunder. Lessee specifically agrees that the flight crew, in its sole discretion, may terminate any flight, refuse to commence any flight, or take other action that in the considered judgment of the pilot in command is necessitated by considerations of safety. No such action of the pilot in command shall create or support any liability for loss, injury, damage or delay to Lessee or any other person. The parties further agree that Operator shall not be liable for delay or failure to furnish the Aircraft and crew pursuant to this Agreement when such failure is caused by government regulation or authority, mechanical difficulty, war, civil commotion, strikes or labor disputes, weather conditions, or acts of God.
12.     INSURANCE. 

12.1  Insurance Coverage.  Operator hereby agrees to arrange for and maintain at all time during the term of this Agreement at no expense to Lessee (i) aircraft liability insurance for the Aircraft in form and substance and with such insurers as is customary for corporate aircraft of the type similar to the Aircraft, and (ii) aircraft hull insurance for the Aircraft with limits of not less than the then current fair market value of the Aircraft. 

12.2  Additional Terms of Insurance.  Any policies of insurance carried in accordance with this Agreement and any policies taken out in substitution or replacement of any such policies shall: (i) name Lessee as an additional insured; (ii) include a severability of interest clause providing that such policy shall operate in the same manner as if there were a separate policy covering each insured (provided that the parties acknowledge and agree that such a severability of interest clause shall not increase the policy limits otherwise provided therein); (iii) shall be primary, 

without right of contribution from any other insurance maintained by Lessee; and (iv) with respect to hull physical damage, waive any right of set off or subrogation against Lessee.

12.3  Deductible. Any Insurance Policy carried by Operator in accordance with this Article may be subject to a deductible amount.  In the event of an insurable claim, Operator will bear the costs of the deductible amount.

12.4   Certificate of Insurance. Upon request, the Operator shall deliver to Lessee a certificate of insurance evidencing the insurance required to be maintained by Operator under this Article. 

12.5.  Additional Insurance. Operator will provide such additional insurance coverage as Lessee shall reasonably request or require, provided, however , that the cost of such additional insurance, if any, shall be borne by Lessee in accordance with Section 5 hereof.

13.     REPRESENTATIONS AND COVENANTS OF LESSEE. Lessee represents, warrants and agrees that: (a) Lessee will use the Aircraft for his own account, including the carriage of his guests, and will not use the Aircraft for the purpose of providing transportation of passengers or cargo in air commerce for compensation or hire; (b) Lessee shall not permit any lien, security interest or other charge or encumbrance to attach against the Aircraft as a result of Lessee’s action or inaction nor shall Lessee convey, mortgage, assign, lease or any way alienate, or otherwise dispose of, the Aircraft or create any kind of lien or security interest involving the Aircraft, or do anything or take any action that might mature into such a lien; (c) during the term of this Agreement, Lessee will abide by and conform to all such laws, governmental and airport orders, rules and regulations, as shall from time to time be in effect relating in any way to the operation and use of the Aircraft by a time-sharing Lessee and (d) the rights of Lessee and of any party claiming through Lessee with respect to the Aircraft shall be subject and subordinate in all respects to the rights, title and interests in the Aircraft of the Aircraft Lessor (as defined below), including all of the Aircraft Lessor’s rights and remedies under the Aircraft Lease (as defined below) and the other Lease Documents (as such term is defined in the Aircraft Lease).
14.     LIMITATION OF LIABILITY. 
EACH PARTY AGREES THAT (A) THE PROCEEDS OF INSURANCE TO WHICH IT IS ENTITLED, AND (B) ITS RIGHT TO DIRECT DAMAGES ARISING IN CONTRACT FROM A BREACH OF THE OTHER PARTY’S OBLIGATIONS UNDER THIS AGREEMENT ARE THE SOLE REMEDIES FOR ANY DAMAGE, LOSS, OR EXPENSE ARISING OUT OF THIS AGREEMENT OR THE SERVICES PROVIDED HEREUNDER OR CONTEMPLATED HEREBY. EXCEPT AS SET FORTH IN THIS SECTION, EACH PARTY WAIVES ANY RIGHT TO RECOVER ANY DAMAGE, LOSS, OR EXPENSE ARISING OUT OF THIS AGREEMENT OR THE SERVICES PROVIDED HEREUNDER OR CONTEMPLATED HEREBY. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR OR HAVE ANY DUTY FOR INDEMNIFICATION OR CONTRIBUTION TO THE OTHER PARTY FOR ANY CLAIMED INDIRECT, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY DAMAGES CONSISTING OF DAMAGES FOR LOSS OF USE OR DEPRECIATION OF VALUE OF THE AIRCRAFT, LOSS OF PROFIT OR INSURANCE DEDUCTIBLE.
OPERATOR SHALL NOT BE LIABLE TO LESSEE FOR DELAY OR FAILURE TO PROVIDE THE AIRCRAFT AND FLIGHT CREW FOR ANY FLIGHTS. 
This Section 14 shall survive termination of this Agreement.
15.     TERMINATION. This Agreement may be terminated by either party (a) upon thirty (30) days prior written notice, and (b) immediately in order to comply with any change in law, regulation or exemption relating to the subject matter hereof.  In addition, this Agreement shall automatically terminate (i) on the date that Lessee ceases to be employed by Operator or any of its affiliates and (ii) upon the occurrence of an Event of Default under, and as such term is defined in, the Aircraft Lease dated as of September 24, 2013, as amended pursuant to the terms thereof from time to time, between Wilmington Trust Company, not in its individual capacity, but solely as Owner Trustee under Trust Agreement dated as of April 3, 2006 (the “Aircraft Lessor”), and Aramark Services, Inc. (the “Aircraft Lease”); provided, however, that if either of the events set forth in clause (i) or (ii) occurs during the operation of flight conducted hereunder, the termination of this Agreement shall be deemed to occur immediately following the conclusion of such flight.

		
	16. 
	MISCELLANEOUS

    
16.1    Confidentiality.  The Parties agree (on behalf of themselves and each of their respective affiliates, directors, officers, employees, agents and representatives) to keep confidential, the terms of this Agreement and any non-public information supplied to it by the other Party pursuant to this Agreement; provided that nothing herein shall limit the disclosure of any such information (i) to the extent required by statute, rule, regulation or judicial process; (ii) to counsel for any Party; (iii) to examiners, auditors or accountants of any Party; (iv) in connection with any litigation to which any Party is a party relating to this Agreement; (v) which has become generally available to the public other than through action of the receiving Party; or (vi) to any assignee (or prospective assignee) so long as such assignee (or prospective assignee) has agreed in writing to be bound by the provisions of this Section.  For the avoidance of doubt, the Parties understand and agree that Operator and any affiliate thereof may file a copy of this Agreement with the Securities and Exchange Commission and make any disclosure required relating to this Agreement or its terms in any documents filed with the Securities and Exchange Commission. 
16.2     Entire Agreement.  This Agreement constitutes the final, complete, and exclusive statement of the terms of the agreement between the Parties pertaining to the subject matter of this Agreement and supersedes all prior and contemporaneous understandings of the Parties.     
16.3    Severability.  If any provision of this Agreement is found to be prohibited or unenforceable in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof.  Any such prohibition or unenforceability in one jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.  To the extent permitted by applicable law, each Party hereto hereby waives any provision of law that renders any provision hereof prohibited or unenforceable in any respect.
16.4    Amendments and Modifications.  The terms of this Agreement shall not be waived, varied, contradicted, explained, amended or changed in any other manner except by an instrument in writing, executed by both Parties.
16.5    Choice of Law/Jurisdiction.  This Agreement shall in all respects be governed by, and construed in accordance with, the laws of the Commonwealth of Pennsylvania  (disregarding any Conflict of Laws rule which might result in the application of the laws of any other jurisdiction), including all matters of construction, validity, and performance.  The exclusive jurisdiction for any disputes arising out of this Agreement shall be a State or Federal Court in the Commonwealth of Pennsylvania. 
16.6    Execution.  This Agreement may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument. Signatures conveyed via facsimile or by electronic mail shall have the same force and effect as original signatures.
17.    TRUTH IN LEASING STATEMENT.  
17.1  Representation Regarding Maintenance.  THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED SINCE NEW UNDER FEDERAL AVIATION REGULATION PARTS 43 AND 91.  OPERATOR HEREBY CERTIFIES THAT THE AIRCRAFT COMPLIES WITH THE MAINTENANCE AND INSPECTION REQUIREMENTS CONTAINED IN THE ABOVE LISTED FEDERAL AVIATION REGULATION FOR LESSEE’S USE OF THE AIRCRAFT UNDER THIS AGREEMENT.
17.2    Representation Regarding Operational Control.  OPERATOR, WHOSE NAME AND ADDRESS APPEAR HEREIN, IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT UNDER THIS AGREEMENT.  OPERATOR HEREBY CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH THE FEDERAL AVIATION REGULATIONS APPLICABLE TO THE AIRCRAFT.
17.3  Information from FAA.  OPERATOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF FACTORS BEARING ON OPERATIONS CONTROL AND PERTINENT FEDERAL AVIATION 

REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE, GENERAL AVIATION DISTRICT OFFICE, OR AIR CARRIER DISTRICT OFFICE.
17.4     FAA Notification: in accordance with FAR 91.23.  The Parties shall take the following actions upon execution of this Agreement: (a) a copy of this Agreement shall be placed aboard the Aircraft; (b) a copy of this Agreement will be mailed to the FAA Aircraft Registration Branch, Attn: Technical Section, P.O. Box 25724, Oklahoma City, OK 73125 within 24 hours of execution; and (c) the FAA will be notified at least 48 hours prior to the first flight of any Aircraft under this Agreement.

IN WITNESS WHEREOF, the parties have executed this Time Sharing Agreement as of the date first written above.
 
OPERATOR: ARAMARK SERVICES, INC.

By:                                                                 
       Name: 
 Title: 

LESSEE:  [                                   ]    
 

_______________________________________

Schedule A
Aircraft

[                                   ]

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