Document:

<PAGE>
                                                                   EXHIBIT 10.42

                      WHITE ELECTRONIC DESIGNS CORPORATION
                      NON-QUALIFIED STOCK OPTION AGREEMENT

                  This Option Agreement is entered into between White Electronic
Design Corporation ("Company") and Hamid Shokrgozar ("Optionee"), as of the 10th
day of November, 1999 ("Date of Grant").

                                    RECITALS

         A. The Board has approved the option grant to the Optionee to provide
an incentive to the Optionee to focus on the long-term growth of the Company.

         In consideration of the mutual covenants and conditions in this
Agreement, the Company and the Optionee agree as follows:

         1. GRANT OF OPTION. The Company grants to the Optionee the option
("Option") to purchase 125,000 shares of the Common Stock of White Electronic
Designs Corporation (the "Stock") on the terms and conditions in this Agreement.
This Option may be exercised in whole or in part and from time to time as
provided in this Agreement. The Option granted under this Agreement is NOT
intended to be an "incentive stock option" as set forth in Section 422 of the
Internal Revenue Code of 1986, as amended (the "Code").

         2. VESTING OF OPTION. The Option shall vest and become exercisable in
accordance with the schedule below:

         (a) 25% of the shares set forth above will vest on the first
anniversary of the Date of Grant.

         (b) The remaining seventy-five percent (75%) of the shares set forth
above will vest in 36 equal monthly installments beginning one month after the
first anniversary of the date of grant, and continuing each month thereafter.

         3. PURCHASE PRICE. The price at which the Optionee is entitled to
purchase the Stock covered by the Option shall be $2.75 per share.

         4. TERM OF OPTION. The Option granted under this Agreement will expire,
unless otherwise exercised, 10 years from the Date of Grant, through and
including the normal close of business of the Company on November 9, 2009
("Expiration Date"), subject to earlier termination as provided in paragraph 8
hereof.

         5. EXERCISE OF OPTION. The Option may be exercised by the Optionee as
to all or any part of the Stock then vested by delivery to the Company of
written notice of exercise and payment of the purchase price as provided in
paragraphs 6 and 7 hereof.

         6. METHOD OF EXERCISING OPTION. Subject to the terms and conditions of
this Option Agreement, the Option may be exercised by timely delivery to the
Company of written notice, which notice shall be effective on the date received
by the Company ("Effective Date"). The notice shall state the Optionee's
election to exercise the Option, the number of shares in respect of which an
election to exercise has been made, the method of payment elected (see paragraph
7 hereof), the exact name or names, address(es) and Social Security Number(s) of
the individual(s) in which the shares will be registered and the Social Security
number of the Optionee. Such notice shall be signed by the Optionee and shall be
accompanied by payment of the purchase price of such shares. In the event the
Option shall be exercised by a person or persons other than Optionee pursuant to
paragraph 8 hereof, such notice shall be signed by such other person or persons
and shall be accompanied by proof acceptable to the Company of the legal right
of such person or persons to exercise the Option. All shares delivered by the
Company upon exercise of the Option shall be fully paid and nonassessable upon
delivery.

                                       4

<PAGE>

         7. METHOD OF PAYMENT FOR OPTIONS. Payment for shares purchased upon the
exercise of the Option shall be made by the Optionee in cash,
previously-acquired Stock held for more than six months (through actual tender
or by attestation), broker-assisted cashless exercise arrangement, or such other
method permitted by the Board and communicated to the Optionee in writing prior
to the date the Optionee exercises all or any portion of the Option.

         8. TERMINATION OF EMPLOYMENT.

                  8.1 GENERAL. If the Optionee terminates employment with the
Company for any reason other than death or disability, the Optionee may at any
time within three (3) months after the effective date of termination of
employment with the Company exercise the Option to the extent that the Optionee
was entitled to exercise the Option at the date of termination. In no event
shall the Option be exercisable after the Expiration Date.

                  8.2 DEATH OR DISABILITY OF OPTIONEE. In the event of death or
disability of the Optionee, within a period during which the Option, or any part
thereof, could have been exercised by the Optionee, including the period the
Optionee is permitted to exercise the Option upon termination of employment, the
Option shall lapse, on the earlier of the Option's Expiration Date, or twelve
(12) months after the date of the Optionee's termination of employment on
account of death or disability. The Option may be exercised by the Optionee's
legal representative in the case of disability or, in the case of death, by the
person entitled to do so under the Optionee's last will and testament or if the
Optionee does not have a will by the person entitled to receive the Option under
the applicable laws of decent and distribution. An Option may be exercised
following the Optionee's death or disability only if the Option was exercisable
by the Optionee prior to termination of employment on account of death or
disability.

         9. NONTRANSFERABILITY. The Option shall be exercisable only during the
term of the Option provided in paragraph 4 and, except as provided in paragraph
8 above, only by the Optionee during his or her lifetime. Unless otherwise
provided in writing by the Board, the Option shall not be transferable by the
Optionee or any other person claiming through the Optionee, either voluntarily
or involuntarily, except by will or the laws of descent and distribution. Any
attempted sale, pledge, assignment, hypothecation, transfer or other disposition
of the Option contrary to the provisions of this Agreement shall be null and
void and without effect and, upon the happening of any such event, the Board, in
its sole discretion, may terminate the Option.

         10. MARKET STAND-OFF AGREEMENT. The Optionee, if requested by the
Company and an underwriter of Stock (or other securities) of the Company, agrees
not to sell or otherwise transfer or dispose of any Stock (or other securities)
of the Company held by the Optionee during the period not to exceed one hundred
eighty (180) days as requested by the managing underwriter following the
effective date of a registration statement of the Company filed under the
Securities Act. Such agreement shall be in writing in a form satisfactory to the
Company and such underwriter. The Company may impose stop transfer instructions
with respect to the Stock (or other securities) subject to the foregoing
restriction until the end of such project.

         11. ADJUSTMENTS IN NUMBER OF SHARES AND OPTION PRICE. In the event of a
stock dividend or in the event the Stock shall be changed into or exchanged for
a different number or class of shares of stock of the Company or of another
corporation, whether through reorganization, recapitalization, stock split-up,
spin-off, spin-out, combination or exchange of shares, merger or consolidation,
there shall be substituted for each such remaining share of Stock then subject
to this Option the number and class of shares of stock into which each
outstanding share of Stock shall be so exchanged, all without any change in the
aggregate purchase price for the shares then subject to the Option, all as
determined by the Board of Directors.

         Neither the issuance of shares for a consideration, the issuance of
rights or options to acquire shares, nor the issuance of shares on the
conversion of a debenture of capital stock, shall be considered a change in the
Company's capital structure for these purposes. However, the Board may make or
provide for such adjustments in the number and/or kind of shares as the Board in
its sole discretion may determine is appropriate to reflect any event of the
type described in the preceding sentence.

         No fractional shares shall be issued upon any exercise of the Option
following an adjustment made pursuant to this paragraph, and the purchase price
to be paid shall be appropriately adjusted on account of any fractional share
not issued upon such an exercise.

                                       2

<PAGE>

         12. DELIVERY OF SHARES. No shares of Stock shall be delivered upon
exercise of the Option until (i) the purchase price shall have been paid in full
in the manner herein provided; (ii) applicable taxes required to be withheld
have been paid or withheld in full; (iii) approval of any governmental authority
required in connection with the Option, or the issuance of shares thereunder,
has been received by the Company; and (iv) if required by the Board, the
Optionee has delivered to the Board an Investment Letter in form and content
satisfactory to the Company as provided in paragraph 14 hereof.

         13. NO PRIVILEGE OF STOCK OWNERSHIP. The Optionee shall not have any
rights of a stockholder with respect to the shares covered under this Agreement
until such Optionee shall have exercised the option, paid the purchase price,
and received a stock certificate for the purchased shares of Stock.

         14. SECURITIES ACT. The Company shall not be required to deliver any
shares of Stock pursuant to the exercise of all or any part of the Option if, in
the opinion of counsel for the Company, such issuance would violate the
Securities Act or any other applicable federal or state securities laws or
regulations. The Board may require that the Optionee, prior to the issuance of
any such shares pursuant to exercise of the Option, sign and deliver to the
Company a written statement ("Investment Letter") stating (i) that the Optionee
is purchasing the shares for investment and not with a view to the sale or
distribution thereof; (ii) that the Optionee will not sell any shares received
upon exercise of the Option or any other shares of the Company that the Optionee
may then own or thereafter acquire except either (a) through a broker on a
national securities exchange or (b) with the prior written approval of the
Company; and (iii) containing such other terms and conditions as counsel for the
Company may reasonably require to assure compliance with the Securities Act or
other applicable federal or state securities laws and regulations. Such
Investment Letter shall be in form and content acceptable to the Board in its
sole discretion.

         15. FEDERAL AND STATE TAXES. Upon exercise of the Option, or any part
thereof, the Optionee may incur certain liabilities for federal, state or local
taxes and the Company may be required by law to withhold such taxes for payment
to taxing authorities. Upon determination by the Company of the amount of taxes
required to be withheld, if any, with respect to the shares to be issued
pursuant to the exercise of the Option, the Optionee shall pay all Federal,
state and local tax withholding requirements to the Company.

         16. ADMINISTRATION. This Option Agreement shall be administered by the
Board. The Board shall have the sole and complete discretion with respect to all
matters and decisions of the majority of the Board with respect to this Option
Agreement shall be final and binding upon the Optionee and the Company.

         17. CONTINUATION OF EMPLOYMENT. This Option Agreement shall not be
construed to confer upon the Optionee any right to continue in the employment of
the Company and shall not limit the right of the Company, in its sole
discretion, to terminate the employment of the Optionee at any time.

         18. OBLIGATION TO EXERCISE. The Optionee shall have no obligation to
exercise any option granted by this Agreement.

         19. GOVERNING LAW. This Option Agreement shall be interpreted and
administered under the laws of the State of Arizona.

         20. AMENDMENTS. This Option Agreement may be amended only by a written
agreement executed by the Company and the Optionee. The Company and the Optionee
acknowledge that changes in federal tax laws enacted subsequent to the Date of
Grant, and applicable to stock options, may provide for tax benefits to the
Company or the Optionee. In any such event, the Company and the Optionee agree
that this Option Agreement may be amended as necessary to secure for the Company
and the Optionee any benefits that may result from such legislation. Any such
amendment shall be made only upon the mutual consent of the parties, which
consent (of either party) may be withheld for any reason.

         21. NOTICES. Each notice relating to this Agreement shall be in writing
and delivered in person or by certified mail to the proper address. Each notice
shall be deemed to have been given on the date it is received. Each notice to
the Company shall be addressed to 3601 E. University Drive, Phoenix, Arizona
85034. Each notice to the

                                       3

<PAGE>

Optionee, or other person or persons then entitled to exercise the Option, shall
be addressed to the Optionee, or such other person or persons, at the Optionee's
address specified below. Anyone to whom a notice may be given under this
Agreement may designate a new address by notice to that effect.

         IN WITNESS WHEREOF, the Company has caused this Option Agreement to be
signed by its duly authorized representative and the Optionee has signed this
Option Agreement as of the date first written above.

                                        WHITE ELECTRONIC DESIGNS CORPORATION

                                        By:

                                           -------------------------------------
                                        Its:

                                           -------------------------------------
                                                     (Optionee)

                                       4<PAGE>
                                                                    Exhibit 10.1

                              MESA AIR GROUP, INC.

                            INDEMNIFICATION AGREEMENT

      This Indemnification Agreement ("Agreement") is entered into as of October
___, 2002, by and between Mesa Air Group, Inc., a Nevada corporation (the
"Company"), and ______("Indemnitee").

                                    RECITALS

      A. The Company and Indemnitee recognize the continued difficulty in
obtaining liability insurance for its directors, officers, employees, agents and
fiduciaries, the significant increases in the cost of such insurance and the
general reductions in the coverage of such insurance.

      B. The Company and Indemnitee further recognize the substantial increase
in corporate litigation in general, subjecting directors, officers, employees,
agents and fiduciaries to expensive litigation risks at the same time as the
availability and coverage of liability insurance has been severely limited.

      C. Indemnitee does not regard the current protection available as adequate
under the present circumstances, and Indemnitee and other directors, officers,
employees, agents and fiduciaries of the Company may not be willing to continue
to serve in such capacities without additional protection.

      D. The Company desires to attract and retain the services of highly
qualified individuals, such as Indemnitee, to serve the Company and, in part, in
order to induce Indemnitee to continue to provide services to the Company,
wishes to provide for the indemnification and advancing of expenses to
Indemnitee to the maximum extent permitted by law.

      E. In view of the considerations set forth above, the Company desires that
Indemnitee be indemnified by the Company as set forth herein.

      NOW, THEREFORE, the Company and Indemnitee hereby agree as follows:

      1.    Indemnification.

            (a) Indemnification of Expenses. The Company shall indemnify
Indemnitee to the fullest extent permitted by law if Indemnitee was or is or
becomes a party to or witness or other participant in, or is threatened to be
made a party to or witness or other participant in, any threatened, pending or
completed action, suit, proceeding or alternative dispute resolution mechanism,
or any hearing, inquiry or investigation that Indemnitee in good faith believes
might lead to the institution of any such action, suit, proceeding or
alternative dispute resolution mechanism, whether civil, criminal,
administrative, investigative or other (hereinafter a "Claim") by reason of (or
arising in part out of) any event or occurrence related to the fact that
Indemnitee is or was a director, officer, employee, agent or fiduciary of the
Company, or any subsidiary of the Company, or is or was serving at the request
of the Company as a director, officer, employee,

<PAGE>

agent or fiduciary of another corporation, partnership, joint venture, employee
benefit plan, trust or other enterprise, or by reason of any action or inaction
on the part of Indemnitee while serving in such capacity (hereinafter an
"Indemnifiable Event") against any and all expenses incurred by or on behalf of
Indemnitee (including attorneys' fees and all other costs, expenses and
obligations incurred in connection with investigating, defending, being a
witness in or participating in (including on appeal), or preparing to defend, be
a witness in or participate in, any such action, suit, proceeding, alternative
dispute resolution mechanism, hearing, inquiry or investigation), costs of
supersedes and other appeal bonds, judgments, fines, penalties and amounts paid
in settlement (if such settlement is approved in advance by the Company, which
approval shall not be unreasonably withheld or delayed) of such Claim and any
federal, state, local or foreign taxes imposed on Indemnitee as a result of the
actual or deemed receipt of any payments under this Agreement (collectively,
hereinafter "Expenses"), including all interest, assessments and other charges
paid or payable in connection with or in respect of such Expenses. The Company
shall make such payment of Expenses as soon as practicable but in any event no
later than ten days after written demand by Indemnitee therefor is presented to
the Company.

            (b) Change in Control. The Company agrees that if there is a Change
in Control of the Company (other than a Change in Control which has been
approved by a majority of the Company's Board of Directors who were directors
immediately prior to such Change in Control) then, with respect to all matters
thereafter arising concerning the rights of Indemnitee to payments of Expenses
and Expense Advances under this Agreement or any other agreement or under the
Company's Articles of Incorporation or Bylaws as now or hereafter in effect,
Independent Legal Counsel (as defined in Section 9(d) hereof) shall be selected
by Indemnitee and approved by the Company (which approval shall not be
unreasonably withheld or delayed). Such counsel, among other things, shall
render its written opinion to the board of directors of the Company and
Indemnitee as to whether and to what extent Indemnitee would be permitted to be
indemnified under applicable law and the Company agrees to abide by such
opinion. The Company agrees to pay the reasonable fees of the Independent Legal
Counsel referred to above and to fully indemnify such counsel against any and
all expenses (including attorneys' fees), claims, liabilities and damages
arising out of or relating to this Agreement or its engagement pursuant hereto.

            (c) Mandatory Payment of Expenses. Notwithstanding any other
provision of this Agreement other than Section 8 hereof, to the extent that
Indemnitee has been successful on the merits or otherwise in defense of any
proceeding referred to in Section 1(a) of this Agreement, or in defense of any
claims, issue or matter herein, including dismissal without prejudice,
Indemnitee shall be indemnified against all Expenses actually and reasonably
incurred by Indemnitee (or on his behalf) in connection therewith. If Indemnitee
is not wholly successful in any proceeding referred to in Section 1(a) of this
Agreement, but is successful on the merits or otherwise (including dismissal
without prejudice) as to one or more, but less than all claims, issues or
matters therein, including dismissal without prejudice, Indemnitee shall be
indemnified against all Expenses actually and reasonably incurred by Indemnitee
(or on his behalf) in connection with each successfully resolved claim, issue or
matter. For purposes of this Section 1(c), and without limitation, the
termination of any claim, issue or matter in any proceeding referred to in
Section 1 of this Agreement by dismissal, with or without prejudice, shall be
deemed to be a successful result as to such claim, issue or matter.

                                       2
<PAGE>

      2.    Expenses; Indemnification Procedure.

            (a) Advancement of Expenses. To the fullest extent permitted by
applicable law, the Expenses incurred by Indemnitee pursuant to Section 1(a) of
this Agreement in connection with any proceeding or any claim, issue or matter
therein shall be paid by the Company in advance (and "Expense Advance") of the
final disposition of such proceeding or any claim, issue or matter therein no
later than 10 days after receipt by the Company of an undertaking by or on
behalf of Indemnitee ("Indemnitee Undertaking") to repay such amount to the
extent that it is ultimately determined that Indemnitee is not entitled to be
indemnified by the Company. The Indemnitee Undertaking shall be in a form
reasonably acceptable to the Company, shall not be secured and shall be interest
free.

            (b) Notice/Cooperation by Indemnitee. Indemnitee shall, as a
condition precedent to Indemnitee's right to be indemnified under this
Agreement, give the Company notice in writing as soon as practicable of any
Claim made against Indemnitee for which indemnification will or could be sought
under this Agreement. Notice to the Company shall be directed to the Chief
Executive Officer of the Company at the address shown on the signature page of
this Agreement (or such other address as the Company shall designate in writing
to Indemnitee). In addition, Indemnitee shall give the Company such information
and cooperation as it may reasonably require and as shall be within Indemnitee's
power.

            (c) Reviewing Party. Upon written request by Indemnitee for
indemnification pursuant to Section 2(b) of this Agreement, a determination, if
required by applicable law, with respect to Indemnitee's entitlement thereto
shall be made in the specific case: (i) if a Change in Control shall have
occurred, in the manner set forth in Section 1(b) of this Agreement; or (ii) if
a Change in Control shall not have occurred, (A) by a vote of the stockholders
of the Company, (B) by the board of directors of the Company by majority vote of
a quorum consisting of directors who were not parties to the action, suit or
proceeding, (C) if a majority vote of a quorum consisting of directors who were
not parties to the action, suit or proceeding so order, by Independent Legal
Counsel in a written opinion to the board of directors of the Company, or (D) if
a quorum consisting of directors who were not parties to the action, suit or
proceeding cannot be obtained, by Independent Legal Counsel in a written opinion
to the board of directors of the Company, a copy of which shall be delivered to
Indemnitee; and, if so determined that Indemnitee is entitled to
indemnification, payment to Indemnitee shall be made within 10 days after such
determination.

            (d) Presumptions; Burden of Proof; Effect of Certain Provisions.

                  (i) In making a determination with respect to entitlement to
indemnification hereunder, the person or persons or entity making such
determination shall presume that Indemnitee is entitled to indemnification under
this Agreement if Indemnitee has submitted a request for indemnification in
accordance with Section 2(b) of this Agreement, and the Company shall have the
burden of proof in overcoming such presumption by clear and convincing evidence.
The termination of any Claim by judgment, order, settlement (whether with or
without court approval) or conviction, or upon a plea of nolo contendere, or its
equivalent, shall not create a presumption that Indemnitee did not meet any
particular standard of conduct or have any particular belief or that a court has
determined that indemnification is not

                                       3
<PAGE>

permitted by applicable law. Further, neither the failure of the Company
(including its board of directors or Independent Legal Counsel) to have made a
determination prior to the commencement of such action pursuant to this
Agreement that indemnification is proper in the circumstances because Indemnitee
has met the applicable standard of conduct, nor an actual determination by the
Company (including its board of directors or Independent Legal Counsel) that
Indemnitee has not met such applicable standard of conduct, shall be a defense
to the action or create a presumption that Indemnitee has not met the applicable
standard of conduct.

                  (ii) If the person, persons or entity empowered or selected in
accordance with the terms of this Agreement to determine whether Indemnitee is
entitled to indemnification shall not have made a determination within 60 days
after receipt by the Company of the request therefor, the requisite
determination of entitlement to indemnification shall be deemed to have been
made and Indemnitee shall be entitled to such indemnification, absent (i) a
misstatement by Indemnitee of a material fact, or an omission of a material fact
necessary to make Indemnitee's statement not materially misleading, in
connection with the request for indemnification, or (ii) a prohibition of such
indemnification under applicable law; provided, however, that such 60-day period
may be extended for a reasonable time, not to exceed an additional 30 days, if
the person, persons or entity making the determination with respect to
entitlement to indemnification in good faith requires such additional time for
the obtaining or evaluating of documentation and/or information relating
thereto; and provided, further, that the foregoing provisions of this Section
2(d) shall not apply if the determination of entitlement to indemnification is
to be made by Independent Counsel pursuant to the terms of this Agreement.

                  (iii) For purposes of any determination of whether Indemnitee
acted in good faith and in a manner reasonably believed to be in or not opposed
to the best interests of the Company, and, with respect to any criminal
proceeding, Indemnitee had no reasonable cause to believe his conduct was
unlawful (collectively, "Good Faith"), Indemnitee shall be deemed to have acted
in Good Faith if Indemnitee's action is based on the records or books of account
of the Company and any other corporation, partnership, joint venture, trust,
employee benefit plan or other enterprise of which Indemnitee is or was serving
at the request of the Company as a director, officer, employee or agent
("Enterprise"), including financial statements, or on information supplied to
Indemnitee by the officers of any of Enterprise in the course of their duties,
or on the advice of legal counsel for the Enterprise or on information or
records given or reports made to the Enterprise by an independent certified
public accountant or by an appraiser or other expert selected with the
reasonable care by the Enterprise. The provisions of this Section 2(d) shall not
be deemed to be exclusive or to limit in any way the other circumstances in
which the Indemnitee may be deemed to have met the applicable standard of
conduct set forth in this Agreement.

                  (iv) Actions of Others. The knowledge and/or actions, or
failure to act, of any director, officer, agent or employee of the Enterprise
shall not be imputed to Indemnitee for purposes of determining the right to
indemnification under this Agreement.

            (e) Notice to Insurers. If, at the time of the receipt by the
Company of a notice of a Claim pursuant to Section 2(b) hereof, the Company has
liability insurance in effect which may cover such Claim, the Company shall give
prompt notice of the commencement of such Claim to the insurers in accordance
with the procedures set forth in the respective policies.

                                       4
<PAGE>

The Company shall thereafter take all necessary or desirable action to cause
such insurers to pay, on behalf of Indemnitee, all amounts payable as a result
of such action, suit, proceeding, inquiry or investigation in accordance with
the terms of such policies.

            (f) Selection of Counsel. In the event the Company shall be
obligated hereunder to pay the Expenses of any Claim, the Company, if
appropriate, shall be entitled to assume the defense of such Claim with counsel
approved by Indemnitee, upon the delivery to Indemnitee of written notice of its
election so to do. After delivery of such notice, approval of such counsel by
Indemnitee and the retention of such counsel by the Company, the Company will
not be liable to Indemnitee under this Agreement for any fees of counsel
subsequently incurred by Indemnitee with respect to the same Claim; provided
that, (i) Indemnitee shall have the right to employ Indemnitee's counsel in any
such Claim at Indemnitee's expense and (ii) if (A) the employment of counsel by
Indemnitee has been previously authorized by the Company, (B) Indemnitee shall
have reasonably concluded that there may be a conflict of interest between the
Company and Indemnitee in the conduct of any such defense, or (C) the Company
shall not continue to retain such counsel to defend such Claim, then the fees
and expenses of Indemnitee's counsel shall be at the expense of the Company.

      3.    Additional Indemnification Rights; Nonexclusivity.

            (a) Scope. The Company hereby agrees to indemnify Indemnitee to the
fullest extent permitted by law, notwithstanding that such indemnification is
not specifically authorized by the other provisions of this Agreement, the
Company's Articles of Incorporation, the Company's Bylaws or by statute. In the
event of any change after the date of this Agreement in any applicable law,
statute or rule which expands the right of a Nevada corporation to indemnify a
member of its Board of Directors or an officer, employee, agent or fiduciary, it
is the intent of the parties hereto that Indemnitee shall enjoy by this
Agreement the greater benefits afforded by such change. In the event of any
change in any applicable law, statute or rule which narrows the right of a
Nevada corporation to indemnify a member of its Board of Directors or an
officer, employee, agent or fiduciary, such change, to the extent not otherwise
required by such law, statute or rule to be applied to this Agreement, shall
have no effect on this Agreement or the parties' rights and obligations
hereunder except as set forth in Section 7(a) hereunder.

            (b) Nonexclusivity. The indemnification provided by this Agreement
shall be in addition to any rights to which Indemnitee may be entitled under the
Company's Articles of Incorporation, its Bylaws, any agreement, any vote of
stockholders or disinterested directors, the General Corporation Law of the
State of Nevada, or otherwise. The indemnification provided under this Agreement
shall continue as to Indemnitee for any action taken or not taken while serving
in an indemnified capacity even though Indemnitee may have ceased to serve in
such capacity.

      4.    No Duplication of Payments. The Company shall not be liable under
            this Agreement to make any payment in connection with any Claim made
            against Indemnitee to the extent Indemnitee has otherwise actually
            received payment (under any insurance policy, Articles of
            Incorporation, Bylaw or otherwise) of the amounts otherwise
            indemnifiable hereunder.

                                       5
<PAGE>

      5. Partial Indemnification. If Indemnitee is entitled under any provision
of this Agreement to indemnification by the Company for some or a portion of
Expenses incurred in connection with any Claim, but not, however, for all of the
total amount thereof, the Company shall nevertheless indemnify Indemnitee for
the portion of such Expenses to which Indemnitee is entitled.

      6. Liability Insurance. To the extent the Company maintains liability
insurance applicable to directors, officers, employees, agents or fiduciaries,
Indemnitee shall be covered by such policies in such a manner as to provide
Indemnitee the same rights and benefits as are accorded to the most favorably
insured of the Company's directors, if Indemnitee is a director; or of the
Company's officers, if Indemnitee is not a director of the Company but is an
officer; or of the Company's key employees, agents or fiduciaries, if Indemnitee
is not an officer or director but is a key employee, agent or fiduciary.

      7. Exceptions. Except where so ordered by a court of competent
jurisdiction, any other provision herein to the contrary notwithstanding, the
Company shall not be obligated pursuant to the terms of this Agreement:

            (a) Excluded Action or Omissions. To indemnify Indemnitee for acts,
omissions or transactions from which Indemnitee may not be relieved of liability
under applicable law;

            (b) Claims Initiated by Indemnitee. To indemnify or advance expenses
to Indemnitee with respect to Claims initiated or brought voluntarily by
Indemnitee and not by way of defense, except (i) with respect to actions or
proceedings brought to establish or enforce a right to indemnification under
this Agreement or any other agreement or insurance policy or under the Company's
Articles of Incorporation or Bylaws now or hereafter in effect relating to
Claims for Indemnifiable Events, (ii) in specific cases if the Board of
Directors has approved the initiation or bringing of such Claim, (iii) as
otherwise required under section 78.7502 (or other applicable code section) of
Nevada General Corporation Law, or (iv) in actions involving a counterclaim,
interpleader, or third party claim, regardless of whether Indemnitee ultimately
is determined to be entitled to such indemnification, advance expense payment or
insurance recovery, as the case may be;

            (c) Lack of Good Faith. To indemnify Indemnitee for any expenses
incurred by Indemnitee with respect to any proceeding instituted by Indemnitee
to enforce or interpret this Agreement, if a court of competent jurisdiction
determines that each of the material assertions made by Indemnitee in such
proceeding was not made in good faith or was frivolous; or

            (d) Claims Under Section 16(b). To indemnify Indemnitee for expenses
and the payment of profits arising from the purchase and sale by Indemnitee of
securities in violation of Section 16(b) of the Securities Exchange Act of 1934,
as amended, or any similar successor statute.

      8. Period of Limitations. No legal action shall be brought and no cause of
action shall be asserted by or in the right of the Company against Indemnitee,
Indemnitee's estate, spouse, heirs, executors or personal or legal
representatives after the expiration of two years from

                                       6
<PAGE>

the date of accrual of such cause of action, and any claim or cause of action of
the Company shall be extinguished and deemed released unless asserted by the
timely filing of a legal action within such two-year period; provided, however,
that if any shorter period of limitations is otherwise applicable to any such
cause of action, such shorter period shall govern.

      9. Construction of Certain Phrases.

            (a) For purposes of this Agreement, references to the "Company"
shall include, in addition to the resulting corporation, any constituent
corporation (including any constituent of a constituent) absorbed in a
consolidation or merger which, if its separate existence had continued, would
have had power and authority to indemnify its directors, officers, employees,
agents or fiduciaries, so that if Indemnitee is or was a director, officer,
employee, agent or fiduciary of such constituent corporation, or is or was
serving at the request of such constituent corporation as a director, officer,
employee, agent or fiduciary of another corporation, partnership, joint venture,
employee benefit plan, trust or other enterprise, Indemnitee shall stand in the
same position under the provisions of this Agreement with respect to the
resulting or surviving corporation as Indemnitee would have with respect to such
constituent corporation if its separate existence had continued.

            (b) For purposes of this Agreement, references to "other
enterprises" shall include employee benefit plans; references to "fines" shall
include any excise taxes assessed on Indemnitee with respect to an employee
benefit plan; and references to "serving at the request of the Company" shall
include any service as a director, officer, employee, agent or fiduciary of the
Company which imposes duties on, or involves services by, such director,
officer, employee, agent or fiduciary with respect to an employee benefit plan,
its participants or its beneficiaries; and if Indemnitee acted in good faith and
in a manner Indemnitee reasonably believed to be in the interest of the
participants and beneficiaries of an employee benefit plan, Indemnitee shall be
deemed to have acted in a manner "not opposed to the best interests of the
Company" as referred to in this Agreement.

            (c) For purposes of this Agreement a "Change in Control" shall be
deemed to have occurred if (i) any "person" (as such term is used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), other than
a trustee or other fiduciary holding securities under an employee benefit plan
of the Company or a corporation owned directly or indirectly by the stockholders
of the Company in substantially the same proportions as their ownership of stock
of the Company, is or becomes the "beneficial owner" (as defined in Rule 13d-3
under said Act), directly or indirectly, of securities of the Company
representing more than 50% of the total voting power represented by the
Company's then outstanding Voting Securities (as defined below), (ii) during any
period of two consecutive years, individuals who at the beginning of such period
constitute the Board of Directors of the Company and any new director whose
election by the Board of Directors or nomination for election by the Company's
was approved by a vote of at least two-thirds of the directors then still in
office who either were directors at the beginning of the period or whose
election or nomination for election was previously so approved, cease for any
reason to constitute a majority thereof, or (iii) the stockholders of the
Company approve a merger or consolidation of the Company with any other
corporation other than a merger or consolidation which would result in the
Voting Securities of the Company outstanding immediately prior thereto
continuing to represent (either by remaining

                                       7
<PAGE>

outstanding or by being converted into Voting Securities of the surviving
entity) at least 50% of the total voting power represented by the Voting
Securities of the Company or such surviving entity outstanding immediately after
such merger or consolidation, or the stockholders of the Company approve a plan
of complete liquidation of the Company or an agreement for the sale or
disposition by the Company of (in one transaction or a series of transactions)
all or substantially all of the Company's assets.

            (d) For purposes of this Agreement, "Independent Legal Counsel"
shall mean an attorney or firm of attorneys, selected in accordance with the
provisions of Section 2(c) hereof, who shall not have otherwise performed
services for the Company, the Indemnitee or any officer, director, subsidiary or
other affiliate thereof within the last five years (other than with respect to
matters concerning the rights of Indemnitee under this Agreement, or of other
indemnitees under similar indemnity agreements) and who shall be experienced in
matters of corporate law. The Company shall be responsible for any and all fees
and expenses of the Independent Legal Counsel.

            (e) For purposes of this Agreement, a "Reviewing Party" shall mean
any appropriate person or body consisting of the stockholders of the Company,
the Company's board of directors, or Independent Legal Counsel, as set forth in
Section 2(c) of this Agreement in accordance with section 78.751 (or any
successor provision) of Nevada General Corporation Law.

            (f) For purposes of this Agreement, "Voting Securities" shall mean
any securities of the Company that vote generally in the election of directors.

      10. Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall constitute an original.

      11. Binding Effect; Successors and Assigns. This Agreement shall be
binding upon and inure to the benefit of and be enforceable by the parties
hereto and their respective successors, assigns, including any direct or
indirect successor by purchase, merger, consolidation or otherwise to all or
substantially all of the business and/or assets of the Company, spouses, heirs,
and personal and legal representatives. The Company shall require and cause any
successor (whether direct or indirect by purchase, merger, consolidation or
otherwise) to all, substantially all, or a substantial part, of the business
and/or assets of the Company, by written agreement in form and substance
satisfactory to Indemnitee, expressly to assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be
required to perform if no such succession had taken place. This Agreement shall
continue in effect regardless of whether Indemnitee continues to serve as a
director, officer, employee, agent or fiduciary of the Company or of any other
enterprise at the Company's request.

      12. Attorneys' Fees. In the event that any action is instituted by
Indemnitee under this Agreement or under any liability insurance policies
maintained by the Company to enforce or interpret any of the terms hereof or
thereof, Indemnitee shall be entitled to be paid all Expenses incurred by
Indemnitee with respect to such action, regardless of whether Indemnitee is
ultimately successful in such action, and shall be entitled to the advancement
of Expenses with respect to such action, unless, as a part of such action, a
court of competent jurisdiction over such

                                       8
<PAGE>

action determines that each of the material assertions made by Indemnitee as a
basis for such action was not made in good faith or was frivolous. In the event
of an action instituted by or in the name of the Company under this Agreement to
enforce or interpret any of the terms of this Agreement, Indemnitee shall be
entitled to be paid all Expenses incurred by Indemnitee in defense of such
action (including costs and expenses incurred with respect to Indemnitee's
counterclaims and cross-claims made in such action), and shall be entitled to
the advancement of Expenses with respect to such action, unless, as a part of
such action, a court having jurisdiction over such action determines that each
of Indemnitee's material defenses to such action was made in bad faith or was
frivolous.

      13. Notice. All notices and other communications required or permitted
hereunder shall be in writing, shall be effective when given, and shall in any
event be deemed to be given (a) five calendar days after deposit with the U.S.
Postal Service or other applicable postal service, if delivered by first class
mail, postage prepaid, (b) upon delivery, if delivered by hand, (c) one business
day after the business day of deposit with Federal Express or similar overnight
courier, freight prepaid, or (d) one calendar day after the business day of
delivery by facsimile transmission, if delivered by facsimile transmission with
copy by first class mail, postage prepaid, and shall be addressed if to the
Indemnitee, at the Indemnitee's address as set forth beneath his signature to
this Agreement and if to the Company at the address of its principal corporate
offices (attention: Secretary) or at such other address as such party may
designate by ten calendar days' advance written notice to the other party
hereto.

      14. Consent to Jurisdiction. The Company and Indemnitee each hereby
irrevocably consent to the jurisdiction of the courts of the State of Arizona
for all purposes in connection with any action or proceeding which arises out of
or relates to this Agreement and agree that any action instituted under this
Agreement shall be commenced, prosecuted and continued only in the court of
competent jurisdiction of the State of Arizona, which shall be the exclusive and
only proper forum for adjudicating such a claim.

      15. Severability. The provisions of this Agreement shall be severable in
the event that any of the provisions hereof (including any provision within a
single section, paragraph or sentence) are held by a court of competent
jurisdiction to be invalid, void or otherwise unenforceable, and the remaining
provisions shall remain enforceable to the fullest extent permitted by law.
Furthermore, to the fullest extent possible, the provisions of this Agreement
(including, without limitation, each portion of this Agreement containing any
provision held to be invalid, void or otherwise unenforceable, that is not
itself invalid, void or unenforceable) shall be construed so as to give effect
to the intent manifested by the provision held invalid, illegal or
unenforceable.

      16. Choice of Law. This Agreement shall be governed by and its provisions
construed and enforced in accordance with the laws of the State of Nevada, as
applied to contracts between Nevada residents, entered into and to be performed
entirely within the State of Nevada, without regard to the conflict of laws
principles thereof.

      17. Subrogation. In the event of payment under this Agreement, the Company
shall be subrogated to the extent of such payment to all of the rights of
recovery of Indemnitee, who

                                       9
<PAGE>

shall execute all documents required and shall do all acts that may be necessary
to secure such rights and to enable the Company effectively to bring suit to
enforce such rights.

      18. Amendment and Termination. No amendment, modification, termination or
cancellation of this Agreement shall be effective unless it is in writing signed
by both the parties hereto. No waiver of any of the provisions of this Agreement
shall be deemed or shall constitute a waiver of any other provisions hereof
(whether or not similar) nor shall such waiver constitute a continuing waiver.

      19. Integration and Entire Agreement. This Agreement sets forth the entire
understanding between the parties hereto and supersedes and merges all previous
written and oral negotiations, commitments, understandings and agreements
relating to the subject matter hereof between the parties hereto.

      20. No Construction as Employment Agreement. Nothing contained in this
Agreement shall be construed as giving Indemnitee any right to be retained in
the employ of the Company or any of its subsidiaries.

                 [Remainder of Page Intentionally Left Blank.]

                                       10
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have executed this Indemnification
Agreement as of the date first above written.

                                                MESA AIR GROUP, INC.,
                                                a Nevada corporation

                                                By:
                                                   -----------------------------

                                                Title:
                                                      --------------------------

                                                Address: 410 North 44th Street
                                                         Suite 700
                                                         Phoenix, Arizona 85008

AGREED TO AND ACCEPTED BY:

INDEMNITEE

-------------------------------------

Address:
        -----------------------------

-------------------------------------

-------------------------------------

                                       11

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}]]