Document:

Exhibit 10.13

 

EXHIBIT A

 

PETMED EXPRESS, INC.

2016 EMPLOYEE EQUITY COMPENSATION

RESTRICTED STOCK PLAN

 

1. PURPOSE OF PLAN

 

The purpose of the PetMed
Express, Inc. 2016 Restricted Stock Plan (the "2016 Plan"), which is being established by PetMed Express, Inc. on behalf
of itself, its subsidiaries and affiliates (collectively, the "Company"), is to secure and retain employees of outstanding
ability and to provide additional motivation to such employees to exert their best efforts on behalf of the Company. The Company
expects that it will benefit from the added commitment which such employees will have in the welfare of the Company as a result
of their ownership or increased ownership of the Company's Common Stock.

 

2. STOCK SUBJECT TO THE 2016 PLAN

 

The shares that may be
awarded under the 2016 Plan (without payment by participants) shall be the common stock, par value $.001 per share, of the Company
(“Common Stock”), and shall be authorized, but un-issued, shares. The maximum number of shares of Common Stock that
may be awarded hereunder (subject to any adjustments as provided below) shall not in the aggregate exceed 1,000,000 shares. Shares
of Common Stock forfeited as a result of a participant's termination of employment shall again become available for award under
the 2016 Plan.

 

3. ADMINISTRATION

 

The 2016 Plan shall be
administered by the Compensation Committee of the Board of Directors, each of whom is a "non-employee director" as defined
in Rule 16b-3 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Committee").
No member of the Committee shall be eligible to participate in the 2016 Plan.

 

The Committee shall have
the sole authority to (i) award shares of Common Stock (“Restricted Stock”) under the 2016 Plan; (ii) consistent with
the 2016 Plan, determine the provisions of the shares to be awarded, the restrictions and other terms and conditions applicable
to each award of shares under the 2016 Plan; (iii) interpret the 2016 Plan, the instruments evidencing the restrictions imposed
upon stock awarded under the 2016 Plan and the shares awarded under the 2016 Plan; (iv) adopt, amend and rescind rules and regulations
for the administration of the 2016 Plan; and (v) generally administer the 2016 Plan and make all determinations in connection therewith
which may be necessary or advisable, and all such actions of the Committee shall be binding upon all participants. Committee decisions
and selections shall be made by a majority of its members present at the meeting at which a quorum is present, and shall be final.
Any decision or selection reduced to writing and signed by all of the members of the Committee shall be as fully effective as if
it had been made at a meeting duly held.

 

4. ELIGIBILITY

 

All employees, including
officers, of the Company who are, from time to time, responsible for the management, growth and protection of the business of the
Company shall be eligible for awards of stock under the 2016 Plan. No member of the Board of Directors of the Company shall be
eligible to participate in the 2016 Plan unless such director is also an employee of the Company. The employees who shall receive
awards under the 2016 Plan shall be selected from time to time by the Committee in its sole discretion, from among those eligible,
and the Committee shall determine, in its sole discretion, the number of shares to be awarded to each such employee selected. The
Committee may, within the terms of the 2016 Plan, be selective and non-uniform with respect to its determination of the amount
of awards and the eligible employees to whom such awards are made.

 

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5. RIGHTS WITH RESPECT TO SHARES

 

A participant to whom
an award of Restricted Stock has been made under the 2016 Plan will have all of the rights of a stockholder with respect to the
shares of Common Stock so awarded, including, but not limited to, the right to receive, subject to the following sentence, such
cash dividends, if any, as may be declared on such shares from time to time and the right to vote (in person or by proxy) such
shares at any meeting of the Company’s stockholders. As a condition to the grant of the award under the 2016 Plan, and without
limiting the provisions of Section 7(b) hereof, dividends, if any, as may be declared on such shares of Common Stock shall be deposited
into an escrow or similarly segregated account, and disbursement of such dividends to the participant will occur only upon the
delivery of the shares of Common Stock to which such dividends relate, and in the event the shares of Common Stock to which such
dividends relate are forfeited, the participant’s right to receive disbursement of such dividends will be forfeited and the
amount of the dividends shall be returned to the Company.

 

6. INVESTMENT REPRESENTATION

 

If the shares of Common
Stock that have been awarded to an employee pursuant to the terms of the 2016 Plan are not registered under the Securities Act
of 1933, as amended, pursuant to an exemption from registration, such employee, if the Committee shall deem it advisable, may be
required to represent and agree in writing (i) that any shares of Common Stock acquired by such employee pursuant to the 2016 Plan
will not be sold except pursuant to an effective registration statement under the Securities Act of 1933, as amended, or pursuant
to an exemption from registration under such Act, and (ii) that such employee has acquired such shares of Common Stock for the
participant’s own account and not with a view to the distribution thereof.

 

7. RESTRICTIONS

 

(a) Terms, Conditions and Restrictions. In
addition to such other terms, conditions and restrictions as may be imposed by the Committee and contained in the instrument under
which awards of Common Stock are made pursuant to the 2016 Plan, (i) no Common Stock so awarded shall be restricted for a period
(the "Restriction Period") of less than one year or more than ten years unless otherwise specified by the Committee;
and (ii) except as provided in paragraph (e) below, the recipient of the award shall remain in the employ of the Company during
the Restriction Period or otherwise forfeit all right, title and interest in and to the shares subject to such restrictions.

 

(b) Transferability Restriction. No share awarded
under the 2016 Plan shall be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of during the Restriction
Period applicable thereto.

 

(c) Agreements; Stock Legend. As a condition
to the grant of an award under the 2016 Plan, each eligible employee selected to participate shall execute and deliver to the Company
an agreement in form and substance satisfactory to the Committee reflecting the conditions and restrictions imposed upon the Common
Stock awarded. Certificates for shares of Common Stock delivered pursuant to such awards may, if the Committee so determines, bear
a legend referring to the restrictions and the instruments to which such awards are subject.

 

(d) Additional Conditions. In the agreements
evidencing awards or otherwise, the Committee may impose such other and additional terms, conditions and restrictions upon the
award as it, in its discretion, deems appropriate including, without limitation, that the Company shall have the right to deduct
from payments of any kind due to the participant, any federal, state or local taxes of any kind required by law to be withheld
with respect to the shares awarded.

 

(e) Lapse of Restrictions. The restrictions
imposed under paragraph (a) above shall terminate with respect to the shares of Common Stock to which they apply on the earliest
to occur of the following, unless otherwise specified by the Committee:

 

		(i)	the expiration of the Restriction Period;

		(ii)	the participant's total and permanent disability;
or

		(iii)	the participant's death.

 

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Certificates for shares of Common Stock with
respect to which restrictions have lapsed as provided above shall, upon lapse thereof, be released from escrow and delivered to
the participant or, in the event of participant's death, to participant's personal representative. Any stock legend referring to
the restrictions imposed hereunder shall thereupon be removed.

 

(f) Change of Control of the Company. Upon
the occurrence of a Change of Control, unless otherwise specifically prohibited under applicable laws or by the rules and regulations
of any governing governmental agencies or national securities exchanges, or unless the Committee shall determine otherwise, any
Restriction Period and restrictions imposed on Restricted Stock shall terminate.

 

For purposes of the 2016 Plan, a "Change
in Control" of the Company shall be deemed to have occurred if:

 

(a) any person, as such
term is used in Sections 13(d)(3) and 14(d)(2) of the Securities Exchange Act of 1934, as amended, becomes a beneficial owner (within
the meaning of Rule 13d-3 under such Act) of 20% or more of the Company's outstanding Common Stock;

 

(b) there occurs within
any period of two consecutive years any change in the directors of the Company such that the members of the Company's Board of
Directors prior to such change do not constitute a majority of the directors after giving effect to all changes during such two-year
period unless the election, or the nomination for election by the Company's stockholders, of each new director was approved by
a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period; or

 

(c) the Company is merged,
consolidated or reorganized into or with, or sells all or substantially all of its assets to, another company or other entity,
and immediately after such transaction less than 80% of the voting power of the then-outstanding securities of such company or
other entity immediately after such transaction is held in the aggregate by holders of the Company's Common Stock immediately before
such transaction.

 

In addition, if the Company
enters into an agreement or series of agreements or the Board of Directors of the Company adopts a resolution which results in
the occurrence of any of the foregoing events, and the employment of a participant is terminated after and as the sole result of
the entering into of such agreement or series of agreements or the adoption of such resolution then, upon the occurrence of any
of the events described above, a Change in Control shall be deemed to have retroactively occurred on the date of entering into
of the earliest of such agreements or the adoption of such resolution and the participants shall be entitled to the delivery as
of such date of any forfeited Restricted Stock.

 

8. MISCELLANEOUS

 

(a) No Right to Receive Award. Nothing in the
2016 Plan shall be construed to give any employee of the Company any right to receive an award under the 2016 Plan.

 

(b) Additional Shares Received With Respect
to Restricted Stock. Any shares of Common Stock or other securities of the Company received by an employee as a stock dividend
on, or as a result of stock splits, combinations, exchanges of shares, reorganizations, mergers, consolidations or otherwise with
respect to shares of Common Stock received pursuant to an award hereunder shall have the same status, be subject to the same restrictions
and bear the same legend, if any, as the shares received pursuant to the original award.

 

(c) Certificates for Shares. Shares
of Restricted Stock granted under the 2016 Plan shall be evidenced by certificates. Certificates representing the Restricted Stock
shall be registered in the name of the participant, such certificates shall bear an appropriate legend referring to the terms,
conditions, and restrictions applicable to such shares and the Company shall retain physical possession of the certificate in escrow
until all restrictions have been lifted or requirements met.

 

(d) No Effect on Employment Rights. Nothing
in the 2016 Plan or in the instruments evidencing the grant of an award hereunder shall in any manner be construed to limit in
any way the right of the Company or a subsidiary to terminate an employee's employment at any time, or give any right to an employee
to remain employed by the Company.

 

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(e) Governing Law. All provisions of the 2016
Plan shall be construed in accordance with the laws of Florida except to the extent preempted by federal law.

 

(f) No Restriction on Corporate Action. Nothing
contained in the 2016 Plan shall be construed to prevent the Company or any subsidiary from taking any corporate action that is
deemed by the Company or such subsidiary to be appropriate or in the best interest, whether or not such action would have an adverse
effect on the 2016 Plan or any shares of Common Stock granted under the 2016 Plan. No employee, non-employee director, beneficiary
or other person shall have any claim against the Company or any subsidiary as a result of any such action.

 

9. EFFECTIVE DATE OF 2016 PLAN

 

The 2016 Plan shall become
effective when approved by the Shareholders of the Company.

 

10. AMENDMENTS

 

The Committee may amend
or terminate the 2016 Plan without shareholder approval unless shareholder approval is required by any federal or state law or
regulation or the rules of The Nasdaq Stock Market. The Committee shall not have the right to amend the 2016 Plan to:

 

		(i)	except as provided in paragraph 8(b) of the 2016 Plan,
increase the maximum number of shares reserved for purposes of the 2016 Plan;

 

		(ii)	extend the duration of the 2016 Plan; or

 

		(iii)	materially increase the benefits accruing to participants
under the 2016 Plan.

 

Any amendment or alteration
which impairs the rights of any participant during the Restriction Period is not effective unless written consent from the participant
is obtained.

 

11. DURATION AND TERMINATION

 

This 2016 Plan shall terminate,
and no further stock shall be awarded hereunder, after July 29, 2026. In addition, the Committee may terminate the 2016 Plan at
any time prior thereto. The termination of this 2016 Plan shall not, however, affect any restriction previously imposed or restricted
stock awarded pursuant to this 2016 Plan.

 

12. COMPLIANCE WITH SECTION 16(B)

 

The 2016 Plan is intended
to comply with all applicable conditions of Rule 16b-3 of the General Rules and Regulations under the Securities Exchange Act of
1934, as amended. All transactions involving the Company's executive officers are subject to such conditions, regardless of whether
the conditions are expressly set forth in the 2016 Plan. Any provision of the 2016 Plan that is contrary to a condition of Rule
16b-3 shall not apply to executive officers of the Company.

 

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FORM OF RESTRICTED STOCK AGREEMENT PURSUANT
TO

PETMED EXPRESS, INC. 2016 RESTRICTED STOCK PLAN

 

THIS RESTRICTED STOCK
AGREEMENT is made this _____ day of _________, _____ by and between ________________________ (the "Participant") and
PetMed Express, Inc., a Florida corporation, on behalf of itself, its subsidiaries and affiliates (collectively, the "Company")
pursuant to the Company's 2016 Restricted Stock Plan (the "2016 Plan").

 

WHEREAS, the Compensation
Committee (the "Committee") of the Board of Directors of the Company at its meeting on __________ authorized and directed
the Company to make an award of stock to the Participant under the 2016 Plan for the purposes expressed in the 2016 Plan;

 

NOW THEREFORE, in consideration
of the foregoing and the mutual undertakings herein contained, the parties agree as follows:

 

1. Grant of Stock. In accordance with the terms
of the 2016 Plan and subject to the further terms, conditions and restrictions contained in this Agreement, the Company hereby
grants to the Participant ______ shares (the "Shares") of the Company's common stock, par value $.001 per share (the
"Common Stock"). As long as the Shares are subject to the Restrictions set forth in Section 4 of this Agreement, such
shares shall be deemed to be, and are referred to in this Agreement as, the "Restricted Shares."

 

2. Certificates for Shares. Certificates evidencing
Restricted Stock shall be deposited with the Company to be held in escrow until such Shares are released to the Participant or
forfeited in accordance with this Agreement. The Participant shall, simultaneously with the delivery of this Agreement, deliver
to the Company a stock power, in blank, executed by the Participant. If any Restricted Stock is forfeited, the Company shall direct
the transfer agent of the Common Stock to make the appropriate entries in its records showing the cancellation of the certificate
or certificates for such Restricted Stock and to return the Shares represented thereby to the Company's treasury.

 

3. Adjustments in Restricted Stock. In the
event of any change in the outstanding Common Stock by reason of a stock dividend or distribution, recapitalization, merger, consolidation,
split-up, combination, exchange of shares or the like, the Committee shall make equitable adjustments in the Restricted Stock corresponding
to adjustments made by the Committee in the number and class of shares of Common Stock which may be issued under the 2016 Plan.
Any new, additional or different securities to which the Participant shall be entitled in respect of Restricted Stock by reason
of such adjustment shall be deemed to be Restricted Stock and shall be subject to the same terms, conditions, and restrictions
as the Restricted Stock so adjusted.

 

4. Restrictions. During applicable periods
of restriction determined in accordance with Section 6 of this Agreement, Restricted Stock and all rights with respect to such
Stock, may not be sold, assigned, transferred, exchanged, pledged, hypothecated or otherwise encumbered or disposed of and shall
be subject to the risk of forfeiture contained in Section 5 of this Agreement (such limitations on transferability and risk of
forfeiture being herein referred to as "Restrictions"), but the Participant shall have all other rights of a stockholder,
including, but not limited to, the right to vote and receive dividends on Restricted Stock, subject to any dividend to be held
in escrow pursuant to the terms of the 2016 Plan.

 

5. Forfeiture of Restricted Stock. In the event
that the Participant terminates employment with the Company for any reason other than his or her death or permanent disability,
such event shall constitute an "Event of Forfeiture" and all Shares which at that time are Restricted Stock shall thereupon
be forfeited by the Participant to the Company without payment of any consideration by the Company, and neither the Participant
nor any successor, heir, assign or personal representative of the Participant shall have any right, title or interest in or to
such Restricted Stock or the certificates evidencing them.

 

6. Lapse of Restrictions. (a) Except as provided
in subsection (b) below, the Restrictions on the Restricted Stock granted under this Agreement shall lapse ratably on each of the
anniversaries of the date of this Agreement in accordance with the following schedule:

 

[INSERT TABLE]

 

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(b) In the event that a Participant's employment
with the Company terminates as a result of his or her death or permanent disability, the Restrictions shall lapse on the Restricted
Stock (if not already lapsed pursuant to subsection (a) above) on the date of such event.

 

Upon lapse of the Restrictions in accordance
with this Section, the Company shall, as soon as practicable thereafter, deliver to the Participant, or to the Participant's personal
representative, an unrestricted certificate for the Shares with respect to which such Restrictions have lapsed.

 

(c) In the event of a change in control, as
defined in the 2016 Plan, any Restriction Period and restrictions imposed on Restricted Stock shall lapse.

 

7. Withholding Requirements. The Company shall
have the right to withhold from sums due to the Participant, or to require the Participant to remit to the Company in an amount
sufficient to satisfy any Federal, state or local withholding tax requirements prior to making such payments or delivering any
certificate evidencing such Shares.

 

8. Effect of Employment. Nothing contained
in this Agreement shall confer upon the Participant the right to continue in the employment of the Company or affect any right
which the Company may have to terminate the employment of the Participant.

 

9. Amendment. This Agreement may not be amended
except with the consent of the Committee and by a written instrument duly executed by the Participant and the Company.

 

10. Binding Effect. This Agreement shall be
binding upon and shall inure to the benefit of the parties hereto and their heirs, personal representatives, successors and assigns.
Participant acknowledges receipt of a copy of the 2016 Plan, which is annexed hereto, represents that he or she is familiar with
the terms and provisions thereof and accepts the award of Shares hereunder subject to all of the terms and conditions thereof and
of this Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions and interpretations of the
Committee upon any questions arising under the 2016 Plan or this Agreement.

 

IN WITNESS WHEREOF, the
Company and the Participant have each executed and delivered this Agreement as of the date first above written.

 

	COMPANY:	 
	 	 
	 	 
	Chief Executive Officer	 
	 	 
	PARTICIPANT:	 
	 	 
	 	 

 

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EXHIBIT 10.1
 
Agreement between Airborne Wireless Network and Jet Midwest Group, LLC dated October 31, 2016.
 
SERVICES AND COMPENSATION AGREEMENT
 
This SERVICES AND EQUITY COMPENSATION AGREEMENT (this "Agreement") is made and entered into as of the 31st day of October, 2016 between AIRBORNE WIRELESS NETWORK, INC., a corporation organized and existing under the laws of the State of Nevada (“Airborne”) and JET MIDWEST, LLC, a limited liability company organized and existing under the laws of the State of Delaware ("Jet Midwest") (each of Jet Midwest and Airborne may hereinafter be refereed to as a “Party” and together as the “Parties”). 
 
RECITALS
 
WHEREAS, Airborne is developing a meshed airborne wholesale carrier network (the “Airborne Network”), which will provide enhanced on-line connectivity for airline passengers in flight; 
 
WHEREAS, Airborne needs Boeing 757 aircraft in order to complete its testing and to obtain the necessary certifications for the Airborne Network and the equipment related thereto that will be installed on aircraft; 
 
WHEREAS, Jet Midwest owns, sells and leases aircraft and aircraft engines and buys and sells aircraft, aircraft engine and aircraft parts and can provide services to Airborne to assist in the completion of its testing; and 
 
WHEREAS, Airborne desires for Jet Midwest to provide to Airborne the services specified in this Agreement. 
 
NOW THEREFORE, the parties hereto agree as follows:
 
I. PURPOSE OF THE AGREEMENT
 
Subject to the terms of this Agreement, Jet Midwest shall provide to Airborne the Services for the Term (hereinafter defined). 
 
II. TERM OF AGREEMENT
 
The term of this Agreement (the “Term”) shall commence on the date hereof and shall end on February 15, 2017; provided, however, that such date may be extended by mutual consent of both parties.
 
III. SERVICES 
 
3.1 During the Term, Jet Midwest shall provide the following services to Airborne (the “Services”):
 
	 
	(a)	Operating (or arrange for the operation of) the aircraft listed on Schedule I attached hereto (the “Aircraft”) during the Term for the purpose of (i) ferrying the Aircraft from Roswell International Airport Center Airport (“ROW”) to Kansas City International Airport (“MCI”) and (ii) completing any other ferry flights specifically requested by Airborne in connection with Airborne’s alpha testing of the Airborne Network (collectively, the “Ferry Flights”).

    	 
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	(b)	Providing auxiliary assistance to Airborne in connection with fitting and removing equipment, ground testing and flight testing on-board systems;
	 
	 
	 

	 
	(c)	Procuring insurance and pilots for the Ferry Flights;
	 
	 
	 

	 
	(d)	such other services relating to (i) the installation and removal of equipment for the Airborne Network on the Aircraft and (ii) obtaining the Airborne Approvals (defined below) as may be requested by Airborne and which are consented to by Jet Midwest, in its sole discretion.

 
IV. FERRY FLIGHTS 
 
The Ferry Flights shall take place during the month of January, 2017 on dates in such month mutually agreed upon by Airborne and Jet Midwest or shortly there after subject to unforeseen delays in obtaining required FAA approvals . Unless consented to by Jet Midwest, the Ferry Flights shall be limited to flights between ROW and MCI and shall not include any flight time outside United States airspace. Jet Midwest shall procure pilots that are duly licensed to complete the Ferry Flight. 
 
Airborne shall assist Jet Midwest to ensure that the Airborne Network is removed from the Aircraft within five (5) business days from completion of each Ferry Flight. 
 
V. COSTS AND EXPENSES 
 
At the direction of Jet Midwest, Airborne shall either directly pay or reimburse Jet Midwest for: (a) all out-of pocket costs incurred in connection with the performance of the Services including but not limited to (i) reactivation and maintenance costs required to place the Aircraft in the condition to complete the Ferry Flights, (ii) fees and costs necessary to obtain the ferry permits to be issued by the Federal Aviation Administration or any representative thereof (including but not limited to the fees and the costs of the designated airworthiness representative); (iv) fuel costs, (v) insurance premiums, (vi) landing and take off fees, (vii) storage fees, (viii) pilots fees and costs; (ix) the fees and costs of any Third Party Advisors (defined below); (x) maintenance fees and repair costs to place the Aircraft back into serviceable condition after the removal of the equipment relating to Airborne Network and (b) travel and lodging fees for employees of Jet Midwest or Jet Midwest, Inc. for travel and lodging in connection with the Services (the items specified in (a) and (b) are collective referred to as “Service Costs”). Upon receipt of an invoice for any Service Costs, Airborne shall promptly, but not later than 5 days after receipt thereof, pay the amount specified in such invoice.
 
Airborne shall be responsible for and shall directly pay any and all fees and costs relating to the project specific certification plan for the Airborne Network, the conformity inspection plan for the Airborne Network and obtaining the supplemental type certificate for the Airborne Network (the “Airborne Approvals”) including but not limited to modification and labor costs relating to the installation of the equipment for the Airborne Network and the removal of such equipment on or before the end of the Term. 
    	 
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VI. THIRD PARTY ADVISORS 
 
Jet Midwest shall be entitled to retain any third-party advisors or contractors (legal, technical, etc.) (“Third Party Advisors”) as deemed necessary by Jet Midwest to complete any of the Services, including as necessary to conduct inspections of the Aircraft, to conduct the Ferry Flights and to disassemble and store parts of the Aircraft. 
 
VII. LIABILITY AND INDEMNITY
 
In consideration for Jet Midwest performing the Services, Airborne agrees to defend, indemnify and hold harmless the Indemnitees (defined below) from and against any Claim (defined below). For purposes of this Agreement, the term “Claim” means (i) any loss, cost or expense paid or incurred by the Indemnitees resulting from or relating to the Services (a “Loss”) and (ii) all losses, costs or expenses paid or incurred by Indemnitees resulting from or relating to any attempt to investigate, defend, mitigate or reduce a Loss, including reasonable attorneys’ fees incurred by Indemnitees in connection therewith. For purpose of this Agreement, the term “Indemnitees” shall mean Jet Midwest, its affiliates and each of their respective officers, shareholders, members, managers, directors, employees and agents. Notwithstanding the foregoing, Airborne shall have no liability to an Indemnitee for any Claims directly arising from the gross negligence or wilful misconduct of such Indemnitee.
 
VIII. INSURANCE
 
A. For each Ferry Flight, Jet Midwest shall procure (i) hull insurance in an amount of not less that $5,000,000 per Aircraft; and (ii) third party liability insurance in an amount not less than $500,000,000 per occurrence. Such third party liability insurance shall name Airborne as an additional insured and shall include those industry standard provisions that are required by Jet Midwest.
 
B. Throughout the Term, Airborne and any third party service providers (the “Third Party Service Providers”) involved in the installation, testing and/or removal of the Airborne Network and any equipment related thereto shall maintain (i) third party liability insurance; (ii) worker’s compensation insurance and (iii) products liability insurance in the amounts and of the types required by Jet Midwest. Such insurance shall name the Indemnitees as additional insureds. Not less than thirty (30) days prior to the commencement of any work on any Aircraft in connection with the installation, testing or removal of any equipment for the Airborne Network, Airborne and each Third Party Service Provider shall deliver to Jet Midwest an insurance certificate which evidences that the insurance required under this Section VII.B is in place. Neither Airborne nor any Third Party Service Provider shall be granted access to any Aircraft until such certificates have been delivered to and approved by Jet Midwest. 
    	 
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IX. DISCLAIMER
 
JET MIDWEST HAS NOT MADE AND SHALL NOT BE DEEMED TO HAVE MADE (WHETHER BY VIRTUE OF HAVING ENTERED INTO THIS AGREEMENT, OR COMPLETING ANY FERRY FLIGHT, OR HAVING DONE OR FAILED TO DO ANY ACT, OR HAVING ACQUIRED OR FAILED TO ACQUIRE ANY STATUS UNDER OR IN RELATION TO THIS AGREEMENT OR OTHERWISE) AND AIRBORNE HEREBY SPECIFICALLY DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO AIRWORTHINESS, CONDITION, DESIGN, OPERATION, MERCHANTABILITY, FREEDOM FROM CLAIMS OF INFRINGEMENT OR THE LIKE, OR FITNESS FOR USE FOR A PARTICULAR PURPOSE OF THE AIRCRAFT, OR AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP OF THE AIRCRAFT, THE ABSENCE THEREFROM OF LATENT OR OTHER DEFECTS, WHETHER OR NOT DISCOVERABLE, OR AS TO ANY OTHER REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESS OR IMPLIED (INCLUDING ANY IMPLIED WARRANTY ARISING FROM A COURSE OF PERFORMANCE OR DEALING OR USAGE OF TRADE), WITH RESPECT TO THE AIRCRAFT; AND AIRBORNE HEREBY WAIVES, RELEASES, RENOUNCES AND DISCLAIMS EXPECTATION OF OR RELIANCE UPON ANY SUCH WARRANTY OR WARRANTIES. JET MIDWEST SHALL NOT HAVE ANY RESPONSIBILITY OR LIABILITY WHATSOEVER TO AIRBORNE OR ANY OTHER PERSON, WHETHER ARISING IN CONTRACT OR TORT, OUT OF ANY NEGLIGENCE OR STRICT LIABILITY OF JET MIDWEST OR OTHERWISE, FOR: (i) ANY LIABILITY, LOSS OR DAMAGE CAUSED OR ALLEGED TO BE CAUSED, DIRECTLY OR INDIRECTLY, BY THE AIRCRAFT OR BY ANY INADEQUACY THEREOF OR DEFICIENCY OR DEFECT THEREIN OR BY ANY OTHER CIRCUMSTANCE IN CONNECTION THEREWITH; (ii) THE USE, OPERATION OR PERFORMANCE OF THE AIRCRAFT OR ANY RISKS RELATING THERETO; (iii) ANY INTERRUPTION OF SERVICE, LOSS OF BUSINESS, ANY ANTICIPATED PROFITS, ANY INCIDENTAL DAMAGES OR ANY CONSEQUENTIAL DAMAGES; OR (iv) THE DELIVERY, OPERATION, SERVICING, MAINTENANCE, REPAIR, IMPROVEMENT OR REPLACEMENT OF THE AIRCRAFT. 
 
X. COMPENSATION
 
In consideration for the performance of the Services, Airborne shall provide the compensation to Jet Midwest set forth on Schedule II attached hereto.
 
XI. EXCUSABLE DELAY
 
Under this Agreement, neither Party shall be deemed responsible for any delay in performance or failure to perform under the terms of this Agreement if such delays or failures are caused by severe weather, war, labor initiated strikes or work stoppages, acts of God, natural disasters or government action due to war or national emergency. 
 
XII. GOVERNING LAW
 
A. This Agreement shall in all respects be governed by, and construed in accordance with, the law of the State of Missouri, including all matters of construction, validity and performance, without regard to conflicts of laws principles. In any suit arising out of this Agreement, each party hereby irrevocably agrees and consents to be subject to the non-exclusive personal jurisdiction of the state and federal courts located in the Kansas City, Missouri and that the venue for such suit is proper in Kansas City Missouri.
 
B. Airborne hereby irrevocably designates, appoints and empowers CT Corporation as its authorized agent for service of process in the State of Missouri in any suit or proceeding with respect to this Agreement. Airborne hereby irrevocably waives any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Lease brought in any federal or state court located in Kansas City, Missouri and hereby further irrevocably waives any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. 
    	 
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XII. MISCELLANEOUS
 
A. None of the parties hereunder will assign or transfer all or any of its rights and/or obligations under this Agreement without the prior written consent of the other parties.
 
B. The provisions of this Agreement will not be varied or amended otherwise than by an instrument in writing executed by all of the parties hereto.
 
C. Any notice or other communication under or in connection with this Agreement will be in writing and will be delivered personally, by facsimile or by e-mail, to the respective addresses, facsimile numbers or e-mail addresses given below or such other address or facsimile number as the recipient may have notified to the sender in writing.
 
to Jet Midwest at:
 
Jet Midwest Group, LLC 
1105 North Market Street
Wilmington, Delaware 19801
Attn: Paul Kraus
Tel: 310 652-0296
Fax: 310 568-8334
E-mail: Paul.Kraus@jetmidwest.com
 
to Airborne Wireless Network Inc. at 
 
Airborne Wireless Network Inc.
4115 Guardian St. Suite C
Simi Valley. California 93603
Attention: J. Edwards Daniels 
Tel: 805-583-4302
Fax: 805-583-4304 
E-mail: j.edward@airbornewirelessnetwork.com
 
D. Notices hereunder will be deemed to be given upon such personal delivery or on the Business Day immediately after being faxed or e-mailed.
 
E. If any of the provisions of this Agreement becomes invalid, illegal or unenforceable in any respect under any Law, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired.
 
F. This Agreement may be executed in any number of separate counterparts by the parties, and each counterpart will when executed and delivered be an original document, but all counterparts will together constitute one and the same instrument.
 
G. This Agreement constitutes, on and as of the date hereof, the entire agreement of the Parties hereto with respect to the subject matter hereof, and all prior or contemporaneous understandings or agreements, whether written or oral, between the Parties hereto with respect to the subject matter hereof are hereby superseded in their entirety. 
 
	 
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H. No provision of this Agreement may be amended, changed, waived or discharged orally, but only by an instrument in writing specifying the provision intended to be amended, changed, waived or discharged and signed by the Party against whom enforcement of such amendment, change, waiver or discharge is sought and no provision of this Agreement shall be varied, contradicted or explained by any oral agreement, course of dealing or performance or any other matter not set forth in an agreement in writing and signed by the Party against whom enforcement of such agreement is sought.
 
I. Neither of the Parties may assign any of its rights or delegate any of its obligations hereunder without the Prior written consent of the other Party hereto, which consent shall not be unreasonably withheld, delayed, or denied. 
 
J. TC " Section 10.9 Counterparts" \f C \l "2" This Agreement may be executed in any number of separate counterparts by the Parties hereto, all such counterparts together constituting but one and the same instrument. Copies of this Agreement and the documents to be delivered hereunder, if transmitted by facsimile, shall be deemed to be and treated the same as executed originals; provided that the original of any document delivered by facsimile transmission shall, upon request, also be delivered by mail or private delivery service.
 
K. Any failure at any time of either Party to enforce any provision of this Agreement shall not constitute a waiver of such provision or prejudice the right of such Party to enforce such provision at any subsequent time.
 
L. If any provision of this Agreement is or becomes void or unenforceable by force or operation of law, the other provisions shall remain valid and enforceable. 
 
IN WITNESS WHEREOF, the parties hereto have entered into this Agreement as of the day and year first above written.
 
	 	JET MIDWEST GROUP LLC	
	 	 	 	 
		By:		
	 
	Name: 
		 
	 	Title:		 

 
	 	AIRBORNE WIRELESS NETWORK INC.	
	 	 	 	 
		By:		
	 
	Name: 
		 
	 	Title:		 

 
	 
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SCHEDULE I 
 
Aircraft shall mean:
 
	 
	(i)	Boeing 757-223 aircraft bearing manufacturer’s serial number 26976 and United States Registration Mark N696AN;
	 
	 
	 

	 
	(ii)	Boeing 757-223 aircraft bearing manufacturer’s serial number 26977 and United States Registration Mark N697AN;
	 
	 
	 

	 
	(iii)	any other Boeing 757-223 aircraft which Jet Midwest substitutes for (i) and/or (ii) above.

 
	 
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SCHEDULE II 
 
COMPENSATION 
 
I. Equity Compensation
 
On the date of this Agreement, Airborne shall issue to Jet Midwest or any designee of Jet Midwest, 1,250,000 shares of common stock of Airborne which constitutes 1.6% (“Applicable Percentage”) of the outstanding shares of common stock of Airborne as of the date hereof. If Airborne issues additional shares of its common stock after the date hereof, Airborne shall simultaneously issue additional shares of its common stock to Jet Midwest such that the Applicable Percentage of shares of common stock of Airborne held by Jet Midwest remains unchanged. 
 
II. Payment 
 
On the date of this Agreement, Airborne shall pay to Jet Midwest $20,000 as an up-front contribution toward its internal overhead costs. 
 
 
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