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Exhibit 10.20  

        Confidential treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject
to the confidentiality request. Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and
Exchange Commission.  

  
 

    MAINTENANCE GENERAL TERMS AGREEMENT    
    

        This Maintenance Agreement ("Agreement") is made this    day of March, 2006, by and between Allegiant
Air, LLC, a Nevada limited liability company, having its principal place of business at 3301 N Buffalo Dr., Suite B-9, Las Vegas, Nevada 89129
("Customer"), and American Airlines, Inc., a Delaware corporation, having its principal place of business at 4333 Amon Carter Boulevard, Fort
Worth, Texas 76155 ("American"). 

WITNESSETH:

        WHEREAS,
American is authorized under FAA Regulation Part 121 and 145 to inspect, repair and overhaul aircraft, aircraft engines and other equipment pursuant to FAA
Part 121 Certificate No. AALA025A and Part 145 Certificates; and 

        WHEREAS
Customer owns, leases or operates certain aircraft, aircraft engines and equipment and from time to time may request that American perform certain services with respect thereto,
all as more fully described herein. 

        NOW,
THEREFORE, in consideration of the foregoing and the covenants and agreements contained in this Agreement, American and Customer agree as follows: 

 
 

ARTICLE I
  PURCHASE AND PERFORMANCE OF SERVICES    
    

        Subject to the provisions of this Agreement, American agrees to perform for Customer, and Customer agrees to purchase from American, the repair and overhaul
services identified in each Exhibit A attached hereto (the "Services") for the aircraft, aircraft
engine(s) and other equipment (individually and collectively the "Equipment") as identified in each such  Exhibit A, as requested from time to time by
Customer and accepted by American. Upon the written agreement of American and Customer, American
will also perform other repair, overhaul, inspections, modifications and other services on Customer's Equipment. Such written agreement shall be attached hereto and become a part of this Agreement
upon the execution by both parties. Each party hereby represents and warrants to the other as follows: 

        (a)   Such
party is duly organized, validly existing and in good standing and has all right, power and authority necessary to execute and deliver this Agreement and perform
its obligations hereunder; 

        (b)   Such
party's execution and delivery of this Agreement and performance of its respective obligations hereunder have been and remain duly authorized by all necessary
action and do not contravene any provision of its certificate or agreement of organization or any law, regulation or contractual restriction binding on or affecting it or its property; and 

        (c)   This
Agreement is such party's legal, valid and binding obligation, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency and
similar laws affecting creditors' rights generally and subject, as to enforceability, to general principles of equity. 

 

 
 

ARTICLE II    
    CONDITIONS PRECEDENT TO PERFORMANCE OF SERVICES
  AND DELIVERY OF EQUIPMENT FOR SERVICES    
    

        2.01. Conditions Precedent-American. The initial and ongoing obligation of American to perform Services hereunder on any
Equipment is subject to the initial and ongoing fulfillment in a manner reasonably satisfactory to American of the following conditions precedent: 

        (a)   Delivery of Equipment. Customer shall have delivered such Equipment F.O.B. to American at its Tulsa Maintenance Base,
including applicable taxes and fees; provided, however, that American may, upon sixty (60) days' prior notice to Customer, specify (as to Equipment other than an aircraft) or request Customer's
consent to (as to aircraft) another American location within the continental United States as the F.O.B. point for the delivery of such Equipment type hereunder. Customer shall reply to any such
request within ten (10) business days thereafter. Provided that Customer has consented (if required), thereafter, unless and until American shall specify, or, if applicable, American and
Customer shall agree to, a different location for purposes of this Section 2.01(a), all such Equipment shall be delivered to such newly
identified F.O.B. location. If Customer does not consent to any such request by American to change the F.O.B. location as to aircraft, the F.O.B. location shall remain the Tulsa Maintenance Base or
other location with respect to which Customer has given its consent, but American shall have the right to terminate its obligation to perform Services on such aircraft upon not less than
180 days notice to Customer. 

        (b)   Equipment Records. Customer shall have provided to American, together with each item of Equipment, its logbook or other
records, if any, relative to such Equipment that are determined by American to be necessary for the Services thereon, which logbooks or other records shall have been mutually agreed and specified in
the respective Exhibit A for such Equipment. 

        (c)   Condition Tag. If applicable Customer shall have provided to American a condition tag or other similar document for each
item of Equipment describing: (i) the reason for removal of such Equipment from Customer's aircraft, if applicable, (ii) proper part or other identification of such Equipment, and
(iii) any other information regarding the Equipment that Customer believes will be helpful in diagnosing any malfunction thereof or otherwise performing the Services thereon. 

        (d)   Delivery of Customer Supplied Material. Customer shall have provided to American all known parts and material to be
furnished by Customer for performance of the Services (the "Customer Supplied Material") as specifically identified in the applicable  Exhibit A, which
shall include but not be limited to components, parts and material not common to American's aircraft. 

        (e)   Representations. The representations and warranties of Customer contained herein shall be true and correct in all
material respects when made and as of the date of the performance by American of any Services hereunder, with the same effect as if made on and as of such dates; and Customer shall have complied with
all of the terms and conditions of this Agreement to be performed or observed by Customer and no Event of Default involving Customer shall be in existence on such date. 

        (f)    Acceptance of ESOs. Customer shall have furnished to American, a writing in a form acceptable to both parties, noting the
Customer's acceptance of the relevant American Engineering Specifications Orders (each an "ESO") or other specification utilized in the performance of
the Services and such other consents as may be required by the FAA or any other governmental authority. 

        (g)   Agreement upon Scope of Work. American and Customer shall have mutually agreed in writing upon the specific, detailed
scope of Services for the Equipment (the "Bill of Work"). 

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        (h)   Advance Payment. American shall have received from Customer any advance payment required in  Section 3.03.

        2.02. Conditions Precedent for the Benefit of American. The conditions precedent set forth above are imposed solely for the
benefit of American and may be waived or enforced by American at its option. No waiver by American of any condition precedent shall constitute the waiver of such condition precedent in the future, and
American may at any time require strict compliance with all conditions precedent. Exhibit A shall identify which conditions precedent are
generally waived for any particular type of Equipment. 

        2.03. Conditions Precedent-Customer. The initial and ongoing obligation of Customer to comply with the delivery of Equipment
to American pursuant to the respective Exhibit A is subject to the initial and ongoing fulfillment in a manner reasonably satisfactory to
Customer of the following condition precedent: 

        (a)   Representations. The representations and warranties of American contained herein shall be true and correct in all
material respects when made and as of the date of the performance by American of any Services hereunder, with the same effect as if made on and as of such dates; and American shall have complied with
all of the terms and conditions of this Agreement to be performed or observed by American and no breach by American of its obligations hereunder shall exist and be continuing on such date. 

 
 

ARTICLE III
  PAYMENTS AND CHARGES    
    

        3.01. Charges. In consideration of any Services performed hereunder, Customer shall pay or cause to be paid to American, in
accordance with this Article III, the charges set forth in the applicable Exhibit A. 

        3.02. Invoices and Payments. Unless otherwise agreed in the applicable  Exhibit A, Customer shall pay the total estimated amount to be charged for all Services performed
hereunder prior to redelivery of the Equipment.
As soon as practicable following the completion of such Services, American shall issue a reconciling invoice for any outstanding sums, which sums shall be paid within thirty (30) days after
issuance of such invoice. All payments shall be made in United States Dollars. If Customer shall fail to pay when due any amounts or charges required to be paid by Customer hereunder, such unpaid
amount shall bear interest from and including the date payment was due until the date payment is actually received by American at a per annum interest rate equal to the lesser of
(a) 12 percent or (b) the highest rate permitted by applicable law. 

        3.03. Nonpayment. In the event of any (a) material adverse change in Customer's financial condition such that American
shall reasonably conclude that payment by Customer for specifically-identified Services hereunder is unlikely, or (b) failure of Customer to promptly pay in full for any prior Services
hereunder, which payment is not being disputed pursuant to the dispute resolution procedures hereunder, American may, at its option and upon reasonable prior notice to Customer, require that Customer:
(c) procure one or more letters of credit in American's favor (which letter(s) of credit shall be in an aggregate amount sufficient to ensure that American will be promptly paid in full for
specifically-identified Services anticipated to be performed hereunder and otherwise reasonably satisfactory in all respects to American), (d) deposit with American sufficient funds to ensure
that American will be promptly paid for specifically-identified Services anticipated to be performed hereunder, or (e) otherwise modify the payment terms provided in this Agreement as American
deems reasonably necessary to ensure that it will be promptly paid in full for such Services performed hereunder. Notwithstanding the provisions of Article X, in the event of any nonpayment or
threatened nonpayment by Customer hereunder, provided that dispute resolution procedures of this Agreement have been followed or none are pending on the subject matter, American may exercise any other
rights 

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or
remedies that it may possess, at law or in equity, to secure such payment, including, if permitted by applicable law, retaining possession of any Equipment or other property of Customer in the
possession of American or filing or otherwise perfecting any mechanics' or materialmen's liens on the Equipment involved with such nonpayment. 

        3.04. Payments Without Set-Off. All charges for Services hereunder shall be paid by Customer to American without
set-off or reduction for any amounts owed, or claimed, from American by Customer, and Customer hereby waives and disclaims any rights of offset or set-off. No payment by
Customer shall be a waiver of its rights under Section 11.11. Notwithstanding any designation by Customer or rule of law to the contrary, if Customer is past due on payment of any debt,
liability or obligation to American hereunder in accordance with the payment terms specified in Section 3.02, American may apply any payment received from Customer to any debt, liability or
obligation of Customer to American hereunder in such manner and order as American shall elect in its sole discretion. 

        3.05. Taxes. In addition to the amounts otherwise payable hereunder, Customer is solely responsible for, and shall be and
remain liable for and shall indemnify American against, any customs, duties or similar charges (including penalties and interest) with respect to any Equipment, including any such charges incident to
any importation or exportation of Equipment, and for any taxes (including penalties and interest), including, without limitation, stamp, sales, use, property and other taxes or fees (other than taxes
on or imposed with reference to the income of, or measured by the income of, American), which may be imposed or paid in connection with the execution and/or performance of this Agreement, including,
without limitation, the furnishing by American of the Services. Excluded under the foregoing shall be any taxes, duties or impositions arising out of the importation of any parts normally maintained
by American to support the Services hereunder and not required to be supplied by Customer under this Agreement. All payments hereunder by Customer to American shall be made free and clear of and
without deduction for any present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto. If Customer shall be required by law to deduct any
such amounts from or in respect of any sum payable hereunder, the sum payable shall be increased as may be necessary so that after making all required deductions American receives an amount equal to
the sum it would have received had no such deductions been made. Customer shall be entitled to contest any and all taxes for which it is liable under the foregoing, and American shall cooperate
reasonably with Customer's requests with respect to any such contest. If, after payment by Customer of any taxes under the foregoing, American receives a refund thereof, American shall deliver over to
Customer such refund, including any increased payment received by American associated therewith. 

 
 

ARTICLE IV
  RESERVED    
    

 
 

ARTICLE V
  TERM OF THE AGREEMENT    
    

        The term of this Agreement (the "Term"), with respect to each  Exhibit A, shall
commence upon execution of such Exhibit A by both parties and shall,
unless earlier terminated in accordance with the terms hereof, continue for the period specified in such Exhibit A. Subject to the foregoing,
this Agreement shall be effective upon execution hereof and, unless earlier terminated in accordance with the terms hereof, shall remain in effect for a 36 month period thereafter the date
first appearing above; subject to Customer's right to extend such term for three additional 12-month periods. 

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ARTICLE VI
  GENERAL TERMS AND CONDITIONS    
    

        6.01. Performance Standards. American shall perform the Services in accordance with the specifications set forth in the
applicable Exhibit A or as otherwise agreed upon by the parties in writing. American will maintain its applicable authorization from the FAA to
perform the Services under any such exhibit (FAA Part 121 Certificate No. AALA025A or Part 145 Certificate (or any substitutes therefor)) as specified therein. 

        6.02. Turn Time. Upon and subject to fulfillment by Customer of the conditions precedent described in  Article II with respect to any Equipment, American will commence to
perform the Services thereon. Subject to the foregoing sentence and to  Section 6.03, American will endeavor to have such Services completed within the estimated Turn Time set forth in the
applicable  Exhibit A or agreed to in writing for Services not initially included in such Exhibit A.
American does not, however, guarantee the Turn Times, provided that, again subject to the foregoing sentences and to Section 6.03, in the event that American fails to complete any Services
within the estimated Turn Time set forth in the applicable Exhibit A, then Customer shall be entitled to receive from American liquidated
damages, at the daily rate specified in the applicable Exhibit A for such Services, commencing with the *** day of delay and continuing
thereafter until the Services are completed, which the parties agree is a reasonable basis for determining the losses to Customer and is not a penalty in view of the difficulty in calculating actual
damages. American shall not be deemed to have failed to complete the Services on an item of Equipment within the estimated Turn Time based solely on the failure to have completed minor or
inconsequential items within such time so long as when redelivered the item of Equipment is airworthy and in the condition customarily regarded in the airline industry as eligible to be placed into
immediate service. 

        6.03. Excusable Delays. Neither party shall be liable for any delay in the delivery of Services (and no such delay shall
constitute an Event of Default hereunder) if the delay is caused by forces beyond the reasonable control of such party, including, but not limited to, with respect to American's performance, delays by
Customer in providing any of the items required under Section 2.01 or Customer Furnished Material or in providing any directions necessary for
the performance of the Services or the disposition of parts (including approvals of Outside Services or vendors, manufacturers or suppliers) and, as to each party's performance, delays by
subcontractors, part suppliers, manufacturers or suppliers (so long as the affected party has used diligent efforts to find other sources or vendors), fires, explosions, floods or other natural
catastrophes, governmental acts, orders or regulations, strikes or labor difficulties (including, if affecting American's performance, strikes or labor difficulties with American's pilots, flight
attendants, mechanics or other labor groups provided that American has used its reasonable efforts to eliminate the basis for such strikes or labor difficulties). The affected party shall notify the
other promptly after the occurrence of any event claimed to cause an excusable delay. Further, if American determines that as a result of any excusable delay the turn time for the performance of any
Services shall be delayed by more than 10 days, American shall notify Customer of such determination, whereupon Customer shall be entitled to employ third parties to perform such tasks if
necessary and who may enter the premises of American to perform the same if the affected Equipment cannot reasonably be removed from American's premises, until such time as American notifies Customer
in writing that American can once again perform such Services on a timely basis. 

        6.04. Redelivery. Each item of Equipment shall be made available for Customer to pickup or be redelivered by American to
Customer F.O.B. American's Tulsa or other Maintenance Base in the same shipping container or a shipping container comparable to that in which such Equipment was received by American. Notwithstanding
anything to the contrary set forth herein, American shall have no obligation to redeliver any item of Equipment if Customer is past due on payment of any debt, liability or obligation to American
hereunder in accordance with the payment terms specified in Section 3.02. 

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        6.05. Return of Records; Serviceable Parts Tag. Upon redelivery of each item of Equipment to Customer, American shall:
(a) return to Customer any documents and records provided to American by Customer pursuant to this Agreement, and (b) provide to Customer a serviceable parts tag and/or other
documentation as appropriate (per FAA regulations, manufacturer and appliance and component manual requirements and Customer's policies, procedures and maintenance program) for the Services provided
thereon, if any. 

        6.06. Outside Services. From time to time American may determine that in order to overhaul or repair an item of Equipment it
is necessary or appropriate to subcontract to a third party all or a portion of the Services thereon (such subcontracted services being collectively referred to herein as
"Outside Services"). Customer hereby consents and agrees that American may, subject to approval by Customer (which shall be required even as to third
parties that are already included on Customer's Approved Vendor List, as approved by the FAA), utilize such Outside Services in the performance of American's obligations under this Agreement.
Customer's approval shall be provided within 24 hours after American's request therefor. Any Outside Services utilized in connection with the performance of the Services and which fall under
the immediately foregoing sentence or are otherwise approved by Customer will be charged to Customer at American's cost plus the mark-up shown in the applicable  Exhibit A. 

        6.07. Monitoring Work by Customer. Customer shall have the right to monitor work in progress and inspect each item of
Equipment during the performance by American of the Services thereon and for that purpose American, with reasonable advance notice, shall permit Customer's agents or employees (in such numbers as
shall be reasonably necessary for such purpose) to enter American's facilities when such Services are being performed. If requested by American, Customer, together with any agents and employees of
Customer entering into American's premises in order to perform such monitoring and inspection, shall execute a waiver and release in a form acceptable to American. If reasonably deemed by Customer to
be necessary during the performance of the Services to Equipment, American shall provide to Customer and Customer's on-site representatives, agents and employees a reasonably secure office
space (lockable), telephone and fax lines for use, with Customer to be responsible for any long distance charges. 

        6.08. Change Orders. Any change to the Services identified in any  Exhibit A and any overtime charges shall be authorized and approved in writing by Customer, prior to
the performance of any such changes to such
Services or overtime, on a form acceptable to both parties. American shall at all times be justified in relying on, and is hereby instructed by Customer to rely on, any instructions, authorizations,
approvals or modifications received from any officer, director, employee or agent of Customer who has been specified in the applicable Exhibit A
as the officer, director, employee, or agent of Customer who is designated to give such instructions, authorizations, approvals or modifications. 

        6.09. Selection of Vendor. Except for Customer Supplied Material, Customer agrees that American may, subject to Customer's
consent, determine whether and from which vendor, manufacturer or supplier to acquire or purchase any parts to be utilized in connection with the performance of any Services. Such consent shall be
required whether or not such vendor, manufacturer or supplier is already included on the Customer's Approved Vendor List and shall be provided by Customer within 24 hours after American's
request therefor. 

        6.10. Not a "Consumer Transaction". American and Customer acknowledge and
agree that this Agreement does not evidence a "consumer transaction" within the meaning of the Oklahoma Consumer Protection Act, 15 Okla. Stat.
§ 751, et seq. 

        6.11. Customer Supplied Material. Customer shall provide as Customer Supplied Material all parts and material that are not
common to American's aircraft or engines. Customer hereby represents and warrants that all Customer Supplied Material will meet all applicable FAA Regulations and appropriate records as to
serviceability and repair. Customer acknowledges that American makes no warranties with 

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respect
to such Customer Supplied Material and assumes no additional liability due to American's use thereof. 

 
 

ARTICLE VII
  LIMITED WARRANTY    
    

        7.01. Limited Warranty. Subject to the limitations and conditions of this  Article VII, American warrants that the Services performed hereunder will be free from Defects
(the "American
Warranty"). A "Defect" shall mean a failure of American's workmanship on an item of Equipment to conform to the relevant
specifications mutually agreed upon by the parties as set forth in Exhibit A. 

        7.02. Limitations on Warranties. 

        (a)   Third Party Items; Assignment of Warranties. The warranties set forth in  Section 7.01 shall not apply to, and Customer hereby acknowledges that American makes no
warranties with respect to, any parts, the Equipment
itself or its constituent parts or the maintenance (other than by American hereunder), design, airworthiness, construction or operation of any of the foregoing. If any parts are covered by any
warranty made by the manufacturer or supplier of such parts, American hereby assigns (to the extent legally possible) to Customer all of American's right, title and interest, if any, to such
warranties. To the extent not so possible, at Customer's request American agrees to submit and pursue warranty claims on Customer's behalf. 

        (b)   General Limitation. The exercise by Customer of any remedies for breach of the warranties set forth in  Section 7.01, and American's obligations and liabilities
under this Article VII, are
expressly subject to the following conditions precedent: 

        (i)    a
Defect having become apparent within the warranty period agreed upon by the parties as set forth in the applicable  Exhibit A (the "Warranty Period");

        (ii)   the
submission by Customer of a claim within thirty (30) days of the claimed Defect having become apparent along with proof reasonably satisfactory to American
that the claimed Defect is due to a matter covered by Section 7.01 and that the Defect did not result from any act or omission of the operator of
the affected Equipment including, but not limited to, any failure to properly operate or maintain such Equipment; and 

        (iii)  the
return by Customer of the Equipment claimed to contain a Defect to American's Tulsa or other Maintenance Base within forty-five (45) days after
the claimed Defect becomes apparent, except in the event American elects to reimburse Customer for its costs to repair in accordance with  Section 7.03. 

        7.03. Determination of No Defect. 

        (a)   In
the event that American shall conclude, after investigation of a claimed Defect with respect to an item of Equipment, that no Defect exists, and Customer does not
timely invoke the third party vendor binding arbitration set forth below (or does timely invoke such arbitration but the Warranty Arbitrator decides in favor of American), Customer shall, upon demand,
promptly reimburse American for American's expenses incurred in the transportation, teardown, investigation, reassembly and test of the item of Equipment in question, all at American's standard labor
and material rates for Services on such item of Equipment as specified in the applicable Exhibit Aand as certified by American in writing. In the
event American authorizes Customer to perform repairs in accordance with Section 7.04, American shall have the right to have an authorized
representative present at all times during such repair, and Customer shall provide American with copies of all reports, data and information that are obtained, assimilated and/or prepared as a result
of the repair. 

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        (b)   Subject
to the third party vendor binding arbitration set forth below, if at the conclusion of an authorized repair of an item of Equipment by Customer, American
concludes that no Defect existed prior to such authorized repair, (i) American shall have no liability or obligation to Customer with respect to the item of Equipment, including without
limitation, any liability for the costs incurred in the repair of such item of Equipment in question, and (ii) Customer shall reimburse American, upon
demand, for all expenses incurred by American (as certified by American in writing) in having such representative present during the performance by Customer of such repairs. 

        (c)   Under
the foregoing process, American shall act reasonably in evaluating claimed Defects. If, under the foregoing procedure, Customer disagrees with the determination of
no Defect by American, Customer shall have the right (within 15 days after being notified of such determination) to refer such disagreement to a disinterested third (3rd) party
vendor/repair station, selected under the procedure described below (the "Warranty Arbitrator"), who will receive information from both Customer and
American as to the dispute and resolve the dispute (and issue a decision) within 30 calendar days after American is notified by Customer of the dispute and request for arbitration (the
"Arbitration Request"). The decision of the Warranty Arbitrator shall be final and binding on Customer and American. The costs of the Warranty
Arbitrator shall be borne by the parties equally, regardless of outcome of the arbitration. If Customer and American cannot agree on the Warranty Arbitrator within five (5) calendar days after
the date of the Arbitration Request, the Warranty Arbitrator shall be selected by two (2) third (3rd) party vendor/repair stations (one (1) selected by American and the
other by Customer) duly qualified in maintenance, repair, inspection and overhaul of the item in issue. If necessary, the selection of the two (2) vendor/repair stations by American and
Customer shall be completed within ten (10) calendar days after the date of the Arbitration Request, and the Warranty Arbitrator shall be selected no later than 15 calendar days after the date
of the Arbitration Request. In no event shall the Warranty Arbitrator have fewer than 15 calendar days to consider the dispute and submit its decision. 

        7.04. Exclusive Remedy of Customer. Upon a finding of a Defect (whether by American's evaluation or by the Warranty
Arbitrator), Customer's sole and exclusive remedy and American's sole and exclusive obligation and liability under Section 7.01 are limited to,
at American's expense and option, either (a) the reservicing, repairing or replacing of the Equipment containing the Defect, together with the payment by American of any reasonable expenses
actually incurred by Customer in the removal of such Equipment from an aircraft, shipment of such removed Equipment to American, return of such Equipment to Customer and reinstallation of such
Equipment in an aircraft, or (b) the refund to Customer of amounts actually paid for the Services that are the subject of the warranty claim. All warranty claims shall be submitted to: 

Manager
of Maintenance Marketing

American Airlines, Inc.

P.O. Box 582809, MD 284

Tulsa, Oklahoma 74158-2809. 

Customer
may from time to time request that American permit Customer to repair, or obtain the repair of, an item of Equipment containing a Defect. Subject to  Section 7.03 above, in the event American, in
its sole discretion, gives its prior written approval of any such Customer repairs, Customer may
remove, repair and reinstall, or cause to be removed, repaired and reinstalled, any Equipment containing a Defect, and the costs thereof, together with the costs of the parts consumed during such
activity (as certified by Customer in writing), will be paid by American to Customer; provided that (c) the man-hours expended and the parts consumed by Customer do not exceed
American's reasonable estimate therefor (based on U.S. Airline Industry Standards), and (d) the man-hours required for maintenance work being carried out concurrently on such
Equipment or its constituent parts shall not be included. The labor rates for each
man-hour shall not exceed the labor rate for the Services that are the subject of the warranty claim. 

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        7.05. General Limitations on Liability and Warranties.  

         (a)   General Limitations. NOTWITHSTANDING ANYTHING TO THE CONTRARY
CONTAINED IN THIS AGREEMENT, THE
WARRANTIES, OBLIGATIONS AND LIABILITIES OF AMERICAN AND THE REMEDIES OF CUSTOMER SET FORTH IN SECTIONS 7.01 AND  7.04 ARE
EXCLUSIVE AND IN SUBSTITUTION FOR, AND CUSTOMER HEREBY WAIVES, RELEASES AND RENOUNCES, ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF
AMERICAN AND ALL OTHER RIGHTS, CLAIMS AND REMEDIES OF CUSTOMER AGAINST AMERICAN, EXPRESS OR IMPLIED, ARISING BY STATUTE OR OTHERWISE, WITH RESPECT TO ANY DEFECT OR NONCONFORMANCE IN ANY SERVICE OR
WORKMANSHIP PERFORMED FOR CUSTOMER PURSUANT TO THIS AGREEMENT OR ANY THING DELIVERED TO OR PROVIDED TO CUSTOMER PURSUANT TO THIS AGREEMENT, INCLUDING, BUT NOT LIMITED TO:  

        (i)    ANY STATUTORY OR IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PURPOSE;  

         (ii)   ANY IMPLIED WARRANTY ARISING FROM COURSE OF DEALING, COURSE OF PERFORMANCE OR USAGE OF TRADE; AND  

         (iii) ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY IN TORT, WHETHER OR NOT ARISING FROM THE NEGLIGENCE (OTHER THAN GROSS NEGLIGENCE) OF AMERICAN (WHETHER ACTIVE,
PASSIVE OR IMPUTED), OR STRICT LIABILITY OF AMERICAN.  

        (b)   No Consequential or Incidental Damages. IN ADDITION, BUT WITHOUT LIMITING OR OTHERWISE IMPAIRING ANY
RIGHT OR REMEDY
EXPRESSLY GRANTED OR RESERVED TO EITHER PARTY HEREIN, NEITHER AMERICAN NOR CUSTOMER SHALL HAVE ANY OBLIGATION OR LIABILITY, WHETHER ARISING IN CONTRACT (INCLUDING WARRANTY), TORT (INCLUDING ACTIVE,
PASSIVE OR IMPUTED NEGLIGENCE), STRICT LIABILITY OR OTHERWISE, FOR LOSS OF USE, REVENUE OR PROFIT OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY BREACH OF THIS AGREEMENT OR
ANY NONCONFORMANCE OR DEFECT IN ANY SERVICE OR WORKMANSHIP OR ANY PART, ENGINE OR OTHER MATERIAL, COMPONENT, ACCESSORY, EQUIPMENT OR PRODUCT PROVIDED OR DELIVERED PURSUANT TO THIS AGREEMENT.  

        (c)   Full Negotiation by Parties. THE PARTIES ACKNOWLEDGE THAT THIS SECTION
7.05 HAS BEEN THE SUBJECT OF FULL DISCUSSION AND NEGOTIATION BETWEEN THE PARTIES, WITH THE ADVICE OF THEIR RESPECTIVE LEGAL COUNSEL, AND THAT THE PROVISIONS OF THIS AGREEMENT
WERE ARRIVED AT IN CONSIDERATION OF THE PROVISIONS OF THIS SECTION 7.05 INCLUDING THE DISCLAIMER, WAIVER, RELEASES AND RENUNCIATIONS SET FORTH HEREIN.  

         7.06 Waiver of Oklahoma Deceptive Trade Practices Act. CUSTOMER HEREBY WAIVES ANY ACTIONS OR REMEDIES TO THE EXTENT
AVAILABLE
TO IT UNDER THE OKLAHOMA PROTECTION ACT, 15 OKLA. STAT. SECTION 751, ET SEQ., AND THE OKLAHOMA DECEPTIVE TRADE PRACTICE ACT, 78 OKLA. STAT. SECTION 51,  ET
SEQ.

        7.07. Faulty Condition Tag. Under no circumstances shall American be liable for any labor or material costs that are incurred
in the correction of any Defect that occurred, as determined by American in the exercise of its reasonable judgment, because Customer, via the condition tag delivered to American pursuant to  Section 2.01(c)
 or otherwise, excluded from prior servicing work that otherwise would have been performed and that would have included inspection
and repairs that would have revealed or anticipated such Defect. 

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        7.08 Survival. The rights and obligations of the parties under this  Article VII shall survive any termination or expiration of this Agreement. 

 
 

ARTICLE VIII
  INSURANCE    
    

        8.01. Insurance of American. American agrees to maintain the following insurance coverages and to provide to Customer upon
execution of this Agreement and annually upon renewal a certificate to such effect: 

        (a)   Workers
Compensation Insurance as statutorily required in the state in which its Maintenance Base performing the Services is located. 

        (b)   Hangarkeeper's
Legal Liability Insurance in an amount not less than *** 

        (c)   Comprehensive
Liability Insurance with limits of not less than *** per occurrence. 

        8.02. Insurance of Customer. Customer shall carry and maintain with insurers of recognized financial responsibility
satisfactory to American, the following insurance coverages, and shall provide to American, contemporaneously with Customer's execution of this Agreement and annually upon renewal, a certificate of
Customer's insurer or insurance broker to such effect: 

        (a)   Comprehensive
Airline Liability Insurance, including, but not limited to, aircraft passenger and product liability, with limits of not less than U.S. $500,000,000
combined single limit per occurrence, excluding manufacturing products. The following special provisions shall be endorsed on such policy: 

        (i).   The
insurer(s) shall accept and insure the indemnification and hold harmless provisions of Article IX, to the
extent of the Customer's insurance policy's terms and conditions. 

        (ii).  ***

        (iii). ***

        (iv). Such
policy shall be primary without right of contribution from any insurance carried by American. 

        (v).  Such
insurance (A) shall not be invalidated with respect to any Indemnified Party by any action or inaction of Customer, and (B) shall insure each
Indemnified Party regardless of any breach or violation of such policy by Customer; provided that in each such case, the Indemnified Party has not caused, contributed to or knowingly condoned the said
breach or violation. 

The
coverages under (i) and (ii) above are subject to exclusion for American's liability as a manufacturer. 

        (b)   Hull
All Risk Insurance, including ground and flight coverage, in an amount satisfactory to Customer. The following special provisions shall be endorsed on such policy: 

        (i).   The
insurers shall accept and insure the indemnification and hold harmless provisions of Article IX to the extent
of the Customer's insurance policy's terms and conditions. 

        (ii).  ***

The
obligation of Customer to carry and maintain the insurance under the foregoing shall be limited to a period expiring four (4) years after (c) completion of the Services for the last
item of Equipment to receive Services hereunder, or (d) termination or expiration of this Agreement, whichever occurs last. In limitation of the foregoing, the insurance obligation of Customer
under this Article relates solely 

10

 

and
exclusively to the performance of Services under this Agreement and not to any other relationship between the parties or any affiliate of either of them. 

        8.03 Notice
of Cancellation; Risk of Loss. 

        (a)   As
respects all insurance carried by Customer or American pursuant to this Agreement, the insurers shall be required to give to American, with respect to insurance
carried by Customer, and to Customer, with respect to insurance carried by American, thirty (30) days' prior written notice of any cancellation of any such policy or of any material change in
such affecting the other. 

        (b)   Risk
of loss to the Equipment shall at all times remain with Customer, except for loss or damage occurring while American actually has physical possession of the
Equipment and then only to the extent caused by American's negligence or misconduct or that of its officers, directors, employees or agents. In any event, American's liability for such loss or damage
shall at all times be limited to actual physical damage to the Equipment and, for the avoidance of doubt, shall not include liability for incidental, consequential, special, indirect, punitive or
other similar damages. 

 
 

ARTICLE IX
  INDEMNITY    
    

        9.01. General. CUSTOMER SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS AMERICAN, ITS PARENT, SUBSIDIARIES
AND AFFILIATES, AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS (INDIVIDUALLY, AN "INDEMNIFIED PARTY"), FROM AND AGAINST ANY AND ALL
LIABILITIES, DAMAGES, LOSSES, COSTS, EXPENSES, FINES AND PENALTIES THAT MAY BE CHARGED TO, RECOVERED FROM OR SUFFERED BY AN INDEMNIFIED PARTY AS A RESULT OF ANY CLAIM, SUIT OR ACTION (BY A PERSON
OTHER THAN CUSTOMER) TO ANY EXTENT OR IN ANY WAY CONNECTED WITH OR ARISING FROM THIS AGREEMENT OR ANY SERVICES, OUTSIDE SERVICES OR PARTS PROVIDED HEREUNDER, OR ANY FAILURE BY CUSTOMER TO PERFORM
HEREUNDER, INCLUDING, WITHOUT LIMITATION, CLAIMS FOR INJURY TO OR DEATH OF PERSONS (INCLUDING ANY EMPLOYEES OR AGENTS OF CUSTOMER WHO ENTER AMERICAN'S PREMISES PURSUANT TO  SECTION 6.07 AND
ALL INVITEES, GUESTS, PASSENGERS AND EMPLOYEES OF CUSTOMER) AND DAMAGE TO OR DESTRUCTION OF PROPERTY (INCLUDING PROPERTY OF CUSTOMER
AND ITS INVITEES, GUESTS, PASSENGERS, EMPLOYEES AND AGENTS AND PROPERTY OF EACH INDEMNIFIED PARTY); PROVIDED, HOWEVER, CUSTOMER SHALL HAVE NO LIABILITY TO INDEMNIFY ANY INDEMNIFIED PARTY FOR ANY
LIABILITIES, DAMAGES, LOSSES, COSTS, EXPENSES, FINES AND PENALTIES TO THE EXTENT RESULTING FROM THE ***.  

         9.02. Indemnification for Negligent Acts. WITHOUT LIMITING SECTION
9.01 ABOVE, AMERICAN AND CUSTOMER EXPRESSLY INTEND THAT CUSTOMER SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS EACH INDEMNIFIED PARTY AGAINST CLAIMS THAT ARISE AS A RESULT OF ***.  

        9.03. Defense of Claims; Settlement. IN THE EVENT A CLAIM IS MADE OR SUIT IS BROUGHT THAT IS COVERED BY THE FOREGOING
INDEMNITY, THE INDEMNIFIED PARTY SHALL GIVE CUSTOMER NOTICE THEREOF PROMPTLY AFTER BECOMING AWARE OF SUCH CLAIM OR SUIT, HOWEVER, THE FAILURE SO TO NOTIFY CUSTOMER SHALL NOT RELIEVE CUSTOMER OF ANY
LIABILITY THAT CUSTOMER MAY HAVE TO THE INDEMNIFIED PARTY EXCEPT TO THE EXTENT THAT THE DEFENSE OF SUCH ACTION HAS BEEN PREJUDICED THEREBY. CUSTOMER SHALL ASSUME ALL RESPONSIBILITY FOR ANY CLAIM OR
SUIT THAT IS COVERED BY THE FOREGOING INDEMNITY, AND THE INDEMNIFIED PARTY SHALL PROVIDE REASONABLE ASSISTANCE AND COOPERATION DURING THE DEFENSE OR SETTLEMENT OF THE CLAIM OR SUIT. EXCEPT AS LIMITED
HEREINAFTER, CUSTOMER  

11

 

 SHALL HAVE COMPLETE CONTROL OF THE DEFENSE OR SETTLEMENT OF SUCH CLAIM OR SUIT OR COMPROMISE THEREOF. NO COMPROMISE OR SETTLEMENT OF ANY CLAIM OR SUIT MAY BE EFFECTED BY CUSTOMER WITHOUT THE
INDEMNIFIED PARTY'S CONSENT, WHICH CONSENT SHALL NOT BE UNREASONABLY WITHHELD; PROVIDED, HOWEVER, NO CONSENT SHALL BE REQUIRED IF: (a) THERE IS NO FINDING OR ADMISSION OF ANY VIOLATION OF ANY
LAW BY THE INDEMNIFIED PARTY OR ANY VIOLATION OF THE RIGHTS OF ANY PERSON BY THE INDEMNIFIED PARTY, (b) THERE IS NO ADVERSE EFFECT ON ANY CLAIM OR SUIT THAT MAY BE MADE BY OR AGAINST THE
INDEMNIFIED PARTY, AND (c) THE RELIEF PROVIDED IS THE SOLE RESPONSIBILITY OF CUSTOMER. EACH INDEMNIFIED PARTY SHALL HAVE THE RIGHT, BUT NOT THE DUTY, AT ITS OWN EXPENSE, TO PARTICIPATE IN THE
DEFENSE AND/OR SETTLEMENT OF ANY CLAIM OR SUIT WITH COUNSEL OF ITS OWN CHOOSING WITHOUT RELIEVING CUSTOMER OF ANY OBLIGATIONS HEREUNDER. CUSTOMER SHALL COOPERATE WITH THE INDEMNIFIED PARTY'S COUNSEL,
BUT CONTROL OF THE MATTER SHALL REMAIN WITH CUSTOMER.  

         9.04. Survival. FOR THE AVOIDANCE OF DOUBT, THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS  ARTICLE IX SHALL SURVIVE ANY TRANSFER OF TITLE OR POSSESSION OF ANY EQUIPMENT OR ANY PART, ANY TERMINATION OR EXPIRATION OF THIS AGREEMENT OR ANY
IMPOSSIBILITY OF PERFORMANCE OR FRUSTRATION OF PURPOSE OF THIS AGREEMENT.  

  
 

    ARTICLE X
  EVENTS OF DEFAULT    
    

        10.01. Defaults. An "Event of Default" shall exist hereunder with respect to
either party to this Agreement if any one or more of the following events shall occur and be continuing with respect to said party (herein, a "Defaulting
Party"): 

        (a)   Such
party shall fail or refuse to pay amounts due and payable hereunder on the date due hereunder and within five (5) days after notice by the other party
demanding such payment (provided that the amount so demanded is not being disputed pursuant to the dispute resolution procedures set forth herein or such procedures have been exhausted without result
in payor's favor); 

        (b)   Any
representation or warranty made by such party hereunder shall prove to have been untrue or inaccurate in any material respect; 

        (c)   Such
party shall fail in the performance of any of the other covenants or agreements of such party contained herein and such failure shall continue for a period of
thirty (30) days beyond notice to such party; provided, however, the existence of any Defect shall not constitute an Event of Default with respect to American so long as American promptly
commences and diligently complies with its warranty obligations; 

        (d)   Such
party shall (i) apply for or consent to the appointment of a receiver, trustee, custodian, intervenor or liquidator of such party or of all or a substantial
part of such party's assets, (ii) file a voluntary petition in bankruptcy, admit in writing that such party is unable to pay such party's debts as they become due or generally not pay
such party's debts as they become due, (iii) make a general assignment for the benefit of creditors, (iv) file a petition or answer seeking reorganization or an arrangement with
creditors or to take advantage of any bankruptcy or insolvency laws, (v) file an answer admitting the material allegations of, consent to or default in answering a petition filed against such
party in any bankruptcy, reorganization or insolvency proceeding, or (vi) take corporate action for the purpose of effecting any of the foregoing; or 

12

 

        (e)   An
involuntary petition or complaint shall be filed against such party seeking bankruptcy or reorganization of such party or the appointment of a receiver, custodian,
trustee, intervenor or liquidator of such party, or of all or substantially all of such party's assets, and such petition or complaint shall not have been dismissed within sixty (60) days of
the filing thereof; or an order, order for relief, judgment or decree shall be entered by any court of competent jurisdiction or other competent authority approving a petition or complaint seeking
bankruptcy or reorganization of such party or appointing a receiver, custodian, trustee, intervenor or liquidator of such party, or of all or substantially all of such party's assets. 

        10.02. Remedies. Upon the occurrence of an Event of Default hereunder, the non-Defaulting Party may, at its
option (a) terminate its obligations hereunder upon notice to the Defaulting Party, effective as of the date specified in such notice, which date shall be no earlier than the date of such Event
of Default, and/or (b) exercise any and all other rights and remedies available to such party at law or in equity; provided, however, the non-Defaulting Party's remedies shall in
all respects be limited as set forth in Section 7.05(b). 

        10.03. Survival of Obligations. Notwithstanding anything to the contrary set forth in  Article V or Section 10.02, no
expiry of the Term in accordance with  Article V and no termination of this Agreement under Section 10.02 shall terminate any
right or obligation of Customer or American under Article III, VII, VIII, IX, X or XI. 

 
 

ARTICLE XI
  MISCELLANEOUS    
    

        11.01. Modification of Agreement. Unless otherwise specifically indicated herein, this Agreement shall not be modified or
amended except by written agreement of subsequent date signed on behalf of Customer and American by their respective duly authorized representatives. 

        11.02. Notices and Requirements. Except as otherwise expressly provided in this Agreement, all notices and requests required
or authorized hereunder shall be sufficiently given if in writing and (a) sent by express courier delivery service, (b) transmitted by telecopier, or (c) sent by certified mail, 

13

 

postage
prepaid. For purposes of such notices and requests, the addresses of the parties shall be as follows: 

	If to American:	 	Manager, Maintenance Marketing

American Airlines, Inc.

3900 N. Mingo Rd., MD284

Tulsa, Oklahoma 74116

FAX: (918) 292-2717; Telephone: (918) 292-2676
	

If to Customer:	
 	

Allegiant Air, LLC

3301 N. Buffalo Dr., Suite B-9

Las Vegas, Nevada 89129

Attn: Vice President, Maintenance & Engineering

FAX: (702) 739-6828; Telephone: (702) 851-7383
	

 	
 	

With a copy to each of:
	

 	
 	

Allegiant Air, LLC

Same address

Attn: Senior Vice President Operations

FAX: (    )    -            ; Telephone: (    )
    -            
	

 	
 	

and
	

 	
 	

Allegiant Air, LLC

Same Address

Attn: Managing Director

Secretary and Treasurer

FAX: (702) 851-7301; Telephone: (702) 851-7306

Notices
and requests shall be effective upon receipt. Each party shall have the right to change its address for purposes of notices and requests hereunder to any other location in the United States
or, in the case of a Customer having its principal place of business outside of the United States, to Customer's principal place of business by giving thirty (30) days' prior written notice to
the other party in the manner set forth above. 

        11.03. Confidentiality. Except as may be required by law or pursuant to judicial proceedings, neither party to this Agreement
shall disclose any details connected with this Agreement to any third party without first obtaining the written consent of the other party hereto; provided, however, either party may, if reasonably
deemed necessary by such party, furnish a copy of this Agreement (including the exhibits hereto with the pricing redacted) to the FAA (excluding the FAA aircraft registry). If a party to this
Agreement wishes to utilize advertising or promotional material incorporating in any way whatsoever the other party or its name, the party initiating the advertising or promotional material must
obtain the affected party's approval in writing prior to release or use of such material. 

        11.04. Relationship-No Exclusivity. American shall be and act as an independent contractor of Customer hereunder,
and nothing contained herein shall be deemed to constitute or create a partnership or joint venture between American and Customer. No employee or agent of American or Customer shall be deemed to be an
employee of the other for any purpose whatsoever. Nothing in this Agreement is intended by the parties to create an exclusive relationship with one another or create an obligation for Customer to use
or request services for any equipment other than the Equipment described herein and then only to the extent specified in the applicable exhibit. 

14

 

        11.05. Assignment. THIS AGREEMENT SHALL BE BINDING UPON AND INURE TO THE BENEFIT OF THE PARTIES
HERETO AND THEIR RESPECTIVE SUCCESSORS AND PERMITTED ASSIGNS. EXCEPT FOR THE ASSIGNMENT OR DELEGATION BY AMERICAN OR CUSTOMER TO ITS PARENT OR ONE OF ITS RESPECTIVE SUBSIDIARIES OR AFFILIATES, NEITHER
PARTY TO THIS AGREEMENT MAY ASSIGN ANY RIGHTS OR DELEGATE ANY OBLIGATIONS ARISING UNDER THIS AGREEMENT WITHOUT THE PRIOR WRITTEN CONSENT OF THE OTHER PARTY, WHICH SHALL NOT BE UNREASONABLY WITHHELD.
NO ASSIGNMENT OR DELIGATION BY AMERICAN OR CUSTOMER WITHOUT THE OTHER'S CONSENT (INCLUDING ANY ASSIGNMENT OR DELEGATION EXCEPTED IN THE FOREGOING SENTENCE) SHALL RELIEVE AMERICAN OR CUSTOMER FROM ITS
OBLIGATIONS UNDER THIS AGREEMENT.

        11.06. Savings Clause. If any provision of this Agreement is declared unlawful or unenforceable as a result of final
administrative, legislative or judicial action, the parties agree that this Agreement shall be deemed to be amended to conform with the requirements of such action and that all other provisions hereof
shall remain in full force and effect. 

        11.07. Waiver Clause. No failure or delay by either party in requiring strict performance of this Agreement, no previous
waiver or forbearance of the terms of this Agreement by either party and no course of dealing between the parties shall in any way be construed as a waiver or continuing waiver of any provision of
this Agreement. 

        11.08. Merger. THIS AGREEMENT SETS FORTH THE ENTIRE AGREEMENT OF THE PARTIES, AND SHALL SUPERSEDE ANY
PREVIOUSLY EXECUTED AGREEMENTS OR ORAL UNDERSTANDINGS BETWEEN THE PARTIES AND ANY REPRESENTATIONS, CLAIMS OR OTHER STATEMENTS NOT CONTAINED HEREIN, RELATING TO THE SUBJECT MATTER OF THIS
AGREEMENT.

        11.09. Headings. The headings to the articles and sections of this Agreement are for convenience of reference only and shall
not affect the meaning or construction of any article or section. Except as otherwise indicated, all references herein to Sections and Articles are references to Sections and Articles of this
Agreement. 

        11.10. Governing Law. THIS AGREEMENT IS INTENDED TO BE PERFORMED IN THE STATE OF OKLAHOMA AND SHALL
BE GOVERNED BY AND CONSTRUED AND INTERPRETED ACCORDING TO THE LAWS OF THE STATE OF OKLAHOMA, WITHOUT REGARD TO ITS CONFLICTS OF LAWS PROVISIONS.  

         11.11. Disputes; Choice of Forum; Consent to Service of Process and Jurisdiction. IF A DISPUTE BETWEEN AMERICAN AND
CUSTOMER
ARISES UNDER THIS AGREEMENT, BOTH PARTIES AGREE THAT THEY SHALL FIRST ENDEAVOR, IN GOOD FAITH (INCLUDING ELEVATION TO UPPER LEVELS OF MANAGEMENT), TO RESOLVE ANY SUCH DISPUTE BY MUTUAL AGREEMENT AND
THAT EACH OF THEM SHALL UNDERTAKE SUCH RESOLUTION EFFORTS PRIOR TO RESORT TO ANY JUDICIAL RESOLUTION THEREOF. SUBJECT TO THE FOREGOING, ANY SUIT, ACTION OR PROCEEDING AGAINST CUSTOMER OR AMERICAN
UNDER OR WITH RESPECT TO THIS AGREEMENT MAY BE BROUGHT IN THE DISTRICT COURT OF THE STATE OF OKLAHOMA, COUNTY OF TULSA, OR IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF OKLAHOMA,
AND CUSTOMER HEREBY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF SUCH COURTS FOR THE PURPOSE OF ANY SUCH SUIT, ACTION OR PROCEEDING. EACH OF CUSTOMER AND AMERICAN HEREBY IRREVOCABLY
CONSENTS TO THE SERVICE OF PROCESS IN ANY SUCH SUIT, ACTION OR PROCEEDING IN SAID COURTS BY THE MAILING THEREOF BY THE OTHER BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO THE FIRST PARTY AT ITS
ADDRESS SET FORTH IN SECTION 11.02. CUSTOMER HEREBY IRREVOCABLY WAIVES  

15

 

 ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING IN THE COURTS LOCATED IN THE STATE OF OKLAHOMA, COUNTY OF TULSA, 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. TO THE EXTENT CUSTOMER MAY BE ENTITLED AT ANY TIME TO CLAIM
FOR ITSELF OR ITS ASSETS ANY IMMUNITY (WHETHER BY REASON OF SOVEREIGNTY OR OTHERWISE) FROM SUIT, FROM THE JURISDICTION OF ANY COURT, FROM EXECUTION OF JUDGMENT OR OTHERWISE, CUSTOMER HEREBY
IRREVOCABLY WAIVES AND AGREES NOT TO CLAIM SUCH IMMUNITY IN RESPECT OF THIS AGREEMENT AND ANY PROCEEDING UNDER OR WITH RESPECT TO THIS AGREEMENT.

        11.12. Attorneys' fees. The prevailing party in any suit, action or proceeding (including any legal proceeding at law or in
equity or in any bankruptcy, receivership or other court proceeding) brought in connection with this Agreement shall be entitled to receive from the other party all costs, fees and expenses (including
without limitation court costs and expenses and fees and expenses of legal counsel) arising out of or in connection with such suit, action or proceeding. 

        11.13. Waiver of Immunity. If Customer is incorporated or based outside of the United States, to the extent that Customer or
any of its property is or becomes entitled at any time to any immunity on the grounds of sovereignty or otherwise from any legal action, suit or proceeding or other legal process in any jurisdiction,
Customer for itself and its property does hereby irrevocably and unconditionally waive, and agree not to plead or claim, any such immunity with respect to its obligations, liabilities or any other
matter under or arising out of or in connection with the subject matter hereof. 

[THE
REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

16

 

EXECUTED
as of the day and year first written above. 

	AMERICAN AIRLINES, INC.	 	ALLEGIANT AIR, LLC
	

By:	

    
	
 	

By:	

    

	

Printed Name:	

    
	
 	

Printed Name:	

    

	

Title:	

    
	
 	

Title:	

    

	

Date:	

    
	
 	

Date:	

    

17

  

 
 

EXHIBIT A-6    
    
    Page 1 of 11    

	I.
	The
Services/Additional Services will be performed pursuant to the following authority: 

X
FAR Part 121; Air Carrier Certificate AALA025A; or 

___
FAR Part 145; 

___
Air Agency Certificate AALR025A (TUL) 

___
Air Agency Certificate A3AR112Y (AFW) 

___
Air Agency Certificate ZYUR969X (MCI) 

	II.
	Description
of Services and Components/Exclusivity: 

For
the period covered by the terms of this Exhibit A-6, all scheduled "C-Checks" defined as C1 through C8 checks under Allegiant's existing Boeing MSG3 maintenance
program, excluding C-checks that are part of the work package for aircraft
that are being inducted to Allegiant's fleet. This would also include any Structural Inspection cards (SI), AD's, SB's, MOD's and Lube Cards that are required at the same time intervals of the
c-checks. 

	III.
	Specific
Bills of Work (BOW) will be provided as required prior to each check. 

This
exhibit guarantees American has the exclusive right to perform, and shall perform, any check as described above, wheel and brake services as described below in VII.14. and landing gear overhauls
as described in Exhibit A-9, for Allegiant's existing fleet, including but not limited to, those listed below and any additional acquisition aircraft that occurs during the term of
this Exhibit A-6. 

	N860GA	 	N865GA	 	N872GA	 	N877GA	 	N948MA
	N861GA	 	N866GA	 	N873GA	 	N878GA	 	N880GA
	N862GA	 	N868GA	 	N874GA	 	N879GA	 	N881GA
	N863GA	 	N869GA	 	N875GA	 	N891GA	 	N883GA
	N864GA	 	N871GA	 	N876GA	 	N945MA	 	 

Notwithstanding
anything to the contrary in the General Terms Agreement (to which this Exhibit A-6 is a part), but in addition to the rights of the parties under Article X of
the General Terms Agreement, 

(i)
Customer shall have the right to terminate (upon notice to American Airlines) Customer's agreement and obligation under this Exhibit A-6, Section II, to deliver aircraft
to under this Exhibit A-6, on an exclusive basis, to American Airlines, for the performance of the checks described above, after the occurrence of the following events: 

Any
corporate acquisition of, or any corporate or business merger or combination with or into, or any change of control of, American Airlines, in any form; and 

(1)
After the expiration of twenty (20) consecutive days following notice by Customer to American Airlines that Customer has made a good faith determination that the services by American
Airlines hereunder with respect to any Aircraft on which services hereunder have been performed do not comply with CFR 14 and FAR Part 121, provided that within such 20 days, American
Airlines and Customer do not reach agreement (each, acting reasonably) on the plan for rectification by American Airlines of all conditions bearing on such determination by Customer; or
(2) American Airlines fails in whole or in part to implement any rectification plan agreed under (1) above within ninety (90) days after such plan is agreed by the parties.
American Airlines and Customer agree to 

18

 

act
reasonably and cooperate with one another to provide timely notices, discuss issues, and attempt to reach agreement under the circumstances noted above, provided, however, no party is required by
the terms here of to reach agreement in such context. 

(ii)
Customer shall not be obligated to deliver any aircraft to American Airlines for the performance of the checks described above (and Customer shall be free to have the checks contemplated by this
Exhibit A-6 performed by another maintenance provider): 

(a)
during the existence and continuance of a strike, slow down, or job action of any kind affecting American Airlines workforce involved with the checks described above and the effect of which is
that work on any Customer aircraft in American Airlines' possession is delayed such that the Turn Time on such aircraft will be delayed more than ten (10) consecutive days; 

(b)
if any strike, slow down, or job action of any kind affecting American Airlines' workforce involved with the checks described above, the effect of which would be as described in (a) above,
exists and is continuing, is threatened or is imminent.. 

For
the avoidance of doubt, at such time as any of such conditions (a) through (c) shall cease to exist, Customer's obligation to send aircraft to American Airlines under the terms of
this Exhibit A-6 shall resume and Customer and American Airlines shall conduct discussions on the resumption of services and smooth transition thereof. American Airlines shall
supply Customer with detailed (to the extent possible) and up-to-date information, from time to time with respect to events bearing on the occurrence, existence and continuance
of (ii) (a) through (b) above. 

Termination
of Customer's obligation to deliver aircraft, on an exclusive basis to American Airlines under the circumstances described above, shall not affect, modify or terminate any other of
Customer's or American Airlines' rights or obligations under the remainder of this Exhibit A-6. 

Specifications: 

The
performance of these services shall be conducted in accordance with the Customer's Work Cards and approved manuals that are part of the Customer's Maintenance Program. 

	1.
	All
manuals will be provided by the Customer no later then seven (7) days before aircraft induction date as agreed to by both parties. 
	2.
	If
required, the Customer will provide all necessary documentation required in the performance of repairs or modifications. 
	3.
	AA
to use its own non-routine forms 
	4.
	Buy
back will be in accordance with AA policy unless otherwise agreed by both parties 
	5.
	Allegiant
Air to provide onsite representatives for shift work.

	IV.
	Term
of Agreement: 

The
terms of this Exhibit A-6 are effective for the period beginning on July 17, 2006 and ending (and will expire on) December 31, 2009. In addition, Customer shall
have the right and option, upon notice given to American Airlines no later than June 30, 2009, to extend such period an additional 12 months or, until December 31, 2010; provided,
however, upon receipt of such notice by American Airlines, American Airlines shall have the right and option to refuse such extension by Customer, which refusal must be delivered to Customer no later
than 30 days after receipt by American Airlines of notice by Customer of exercise of Customer's right of extension above. If American Airlines does not deliver notice of such refusal of
extension in such time frame, the extension shall commence January 1, 2010. 

	V.
	Turn
Times: 

American
Airlines will endeavor to redeliver the aircraft to the Customer within *** work days from date of start of services on aircraft or as otherwise agreed in writing prior to aircraft start 

19

 

date
provided no inspection finding causes additional time required. Customer will be notified upon discovery of any item that would cause any such additional time. 

Aircraft Start Date and times—Aircraft start dates and times shall be agreed to by both parties as recorded on the "dock plan" as "day one."

	V.
	Warranty
Period: 

Workmanship
only, for a period of *** from the date of redelivery of the equipment. 

	VII.
	Other
Services and Charges: 

Labor,
Material and costs: 

	1.
	Labor, excluding Engineering—for all labor hours, including but not limited to routine and
non-routine task cards as follows: 

Methodology: Routine airframe check work and non-routine tasks generated from the routine inspection work cards will be charged at the labor
rate specified below in VII.1.a. until three checks of the same type have been completed. Upon the completion of the third occurrence, an agreed standard number of hours will be established from the
average of the occurrences and mutual approval of the both parties. From that point forward, the price for labor will be a fixed based on the "Standard hours" with a variance of plus or minus 5%. The
sum of C-check routine hours and related non-routine hours will be compared with the standard hours. Any required adjustments in the charges will be made to benefit the
appropriate party per section VII.1.b. and VII.1.c. All structural inspection task cards, Customer request items and additional modifications are specifically excluded and are charged using ***
rates set forth in this exhibit as applicable. Any labor hours that can be considered as repeatable by three (3) events may be included in the standard hours upon mutual agreement. Standard
labor hours will be reviewed on a bi-annual basis. Rates to be used are the following: 

	a.
	Standard
labor through the end of each calendar start date prior to December 31 of that year: 

2006:
*** per hour retroactive to aircraft N866GA

2007: *** per hour

2008: *** per hour

2009: *** per hour

2010: *** per hour 

	b.
	Charge
for standard labor exceeding the upper limit of the variance—*** per hour

	c.
	Credit
for standard labor exceeding the lower limit of the variance—*** per hour 

An
example of the calculation for this pricing structure is attached to this exhibit as Table B to provide further clarification. If Allegiant adds more than 12 aircraft to their fleet in a given
calendar year, check capacity and labor rates will need to be reviewed by both parties. 

Drop-in aircraft—A drop-in is considered non-scheduled and will be administered by utilizing a "Visiting
Aircraft Agreement" and *** rates would apply. 

Induction aircraft defined as new additions to Allegiant's existing fleet, will be charged at the applicable rate for the dates above, based on the date
at the start of the check. American Airlines will provide check slots for these aircraft as our check capacity allows. 

	2.
	Engineering—

American
will endeavor to deliver all engineering for an aircraft while in check during the given span time of the check unless an inspection finding and engineering requirements drive 

20

 

the
redelivery of the aircraft beyond this requirement. Upon discovery of any item that will cause a delay in the engineering data, the Customer will be notified as soon as practicable. 

Engineering
projects that fall outside an aircraft check, the start time and duration of the project will be scheduled and agreed to by both parties prior to starting the project. 

On-call
engineering will be provided as needed. American will respond to such requests with reasonable urgency to resolve the Customer request in a timely manner. 

Allegiant
to provide support information as needed, including but not limited to, the following: 

A.
Aircraft Data

B. Modification requirements

C. Aircraft access to gather data

D. Maintenance program documentation

E. Existing engineering specifications and/or engineering change orders 

Pricing
will be based on the following scale: 

	0—25	 	hours =	 	*** per hour
	26—50	 	hours =	 	*** per hour
	51—100	 	hours =	 	*** per hour
	101+	 	hours =	 	*** per hour

	3.
	Outside Services—cost plus *** not to exceed *** per line item. Transportation cost is the responsibility of
the Customer.

	4.
	New Parts and Materials—AA's *** price *** or invoice price for newly purchased parts, plus a handling fee of
*** not to exceed *** per item. Transportation cost is the responsibility of the Customer.

	5.
	Exchange Parts for C-Checks—AA will make every effort to exchange repairable parts required for
the c-checks. Charges will be based on *** of the total cost of the "repair" plus the cost of repair, or the cost of repair plus a floor of ***; whichever is greater. The "repair,"
including and AA specific modifications (changes made by American Airlines Engineering), will be based on the labor rates set forth in the contract section VII.1.a. above and the material rates
as applicable within this section VII. of this Exhibit A-6.

	6.
	Used Serviceable Materials—AA's *** price *** or invoice price for newly purchased parts, plus a handling fee
of *** not to exceed *** per item. Transportation cost is the responsibility of the Customer.

	7.
	Used Serviceable Life Limited Parts—Prorated based on *** price, based on the remaining life of any such part.
If purchased from an outside vendor, the cost plus a handling fee of *** not to exceed *** per item. Transportation cost is the responsibility of the Customer.

	8.
	Customer supplied Pre-pull kit material—Value, as provided by copy of Customer's invoice. Handling
fee of *** not to exceed *** per kit. Transportation cost is the responsibility of the Customer.

	9.
	Normal Consumable materials—Supplied by American Airlines in the performance of this work scope; they shall be
charged a flat fixed fee of *** per check.

	10.
	Bundled services—The following items are all included in one fee of *** per check: 

A.
Ramp Movement/Docking

B. Aircraft Wash (for inspection)

21

 

C.
De-Fuel/Fuel

D. Preplanning, Post Check evaluation

E. HazMat Disposal

F. Supervisors and Support for unknown factors that have a direct impact on check 

	11.
	Other Fees—Airport fees (Landing Fees and third party assessment fees if applicable) and/or any taxes, which
may be imposed by government or Airport agency on American in the performance of providing these services, shall be borne by the Customer.

	12.
	Tooling, test equipment, Part kits, etc.—These items shall be charged at vendors invoiced rate, plus all
transportation costs and a handling fee of *** not to exceed *** per line item.

	13.
	On-call Tech support—Troubleshoot MD80 maintenance problems and dispatch mechanics for AOG
maintenance as requested by the Customer. 

This
includes: 

	A.
	Twenty-four
hour year-round on-call Tech Support service by telephone 
	B.
	Call
response and resolution, including recommended actions to be taken for correcting problem, assisting in troubleshooting of repeat problems and out of service (OTS)
aircraft 
	C.
	Mechanics
available for field-trip on-call maintenance as requested by Customer 

Allegiant
to provide the following: 

	A.
	MEL
System parameters 
	B.
	Tracking
requirements 
	C.
	Training
on Allegiant unique items, GPM, logbook, deferral process and MEL book 
	D.
	Access
and a copy of all Maintenance Manuals (on-line or microfiche) 
	E.
	Continuous
Maintenance Manual revision service 

Time Estimate:

American
will endeavor to get all procedures in place and ready for implementation within 90 days from the date this agreement is executed. 

Call
response time would be immediate or as soon as practicable depending on call volumes. 

Field
trip response time would be as soon as practicable allowing time to notify AMT's and arrange travel and delivery of personnel and tools. 

Allegiant
provided information would be needed to maintain compliance. This information should be provided as soon as practicable. Any delay in the providing of timely information and updates will
have a direct impact on American's ability to administer this service. 

Charges:

On-call
Tech services: 

	A.
	Initial
set-up—Fee to be determined based upon Customer requirements and format of available information. This will be charged by the actual
number of hours required plus any hardware fees (set up for dedicated phone line). An estimate will be provided after initial evaluation of project scope and data format. This amount will be charged
on the invoice for the first month of service.

	B.
	A
fee of *** would be charged for each call pick-up and would include the first ***. Each additional hour, or portion thereof, would be charged at *** per
hour for the duration of the call. 

22

 

Field-trip services:

	C.
	Standard
time (time clock starts upon departure for field trip) Monday through Friday excluding holidays—Labor rate of *** per hour for the first
8.5 hours worked or traveled for each mechanic per mechanic per hour per day.

	D.
	Overtime,
Weekends and Holidays—Labor rate of *** per hour per mechanic including any applicable travel time. Overtime is defined as any continuous work or
travel time that exceeds 8.5 hours of standard time per day or if the time falls on the weekend or a holiday.

	E.
	The
Customer is responsible for all reasonable travel and incidental charges for AA personnel.

	14.
	Wheels and Brake Service—

	A.
	Brake Major Service (Overhaul)

	1.
	Receiving
inspection, generate work order 
	2.
	Complete
disassembly 
	3.
	Clean
housing and subcomponents as required 
	4.
	Inspection
of components 
	5.
	Repair
and rework parts as possible per Manual along with the regrind of Rotors as allowed for reuse. 
	6.
	Installation
of new pads on Stators, Pressure plates and Torque Tubes. 
	7.
	Housings
cleaned and visual inspected again along with any corrosion removed and surface treatment per Manual. 
	8.
	Perform
visual inspection with dimensional checks of all components at reassembly of housing, installing new packing, swedge tubes and other expendables. 
	9.
	Reassembly
of Brake with new pads and new or serviceable rotors. 
	10.
	Pressure
and functional check of assembly for final test and return to service with 8130 Tag 
	11.
	Package
and prepare for shipment in container provided by Customer.

	

	B.  Brake Check and Repair

	1.
	Receiving
inspection, generate work order. 
	2.
	Clean,
visual inspection, functional check 
	3.
	Repair
findings 
	4.
	Final
check and return to service with 8130 Tag. 
	5.
	Package
and prepare for shipment in container provided by Customer. 

Included
in labor cost are plasma cutting, welding, and machine process of crack repairs on the stators, pressure plates, and torque tubes. Also rework of rotors included in labor cost. 

Expendables
Included 

	C.
	Major Wheel Service (Overhaul)

	1.
	Receiving
inspection, generate work order 
	2.
	Complete
disassembly 
	3.
	Clean
wheel halves, components, and hardware. (Wheel bearings cleaned, inspected, repacked, and reused if serviceable.) 
	4.
	Dimensional
checks and minor repairs (i.e. nicks scratches, corrosion removal.) 
	5.
	Alodine
anticorrosion treatment of all exposed aluminum. 
	6.
	Perform
Eddy Current inspection and Ultra Sonic inspection of wheel halves as required. 

23

 

	7.
	Tie
bolts inspected then anti-seize applied to bolts and nuts. 
	8.
	Reassembly
of wheel halves 
	9.
	Install
tire and inflate with nitrogen 
	10.
	Install
bearings, grease seals, retainer clips, and leak check 
	11.
	Final
check and return to service with 8130 Tag. 
	12.
	Package
and repair for shipment in container provided by Customer

	

	D.
Minor Wheel Service (Tire Change)

	1.
	Receiving
inspection, generate work order 
	2.
	Disassembly
of wheel halves 
	3.
	Clean
wheel halves, and hardware. (Wheel bearings cleaned, inspected, repacked, and reused if serviceable.) 
	4.
	Dimensional
checks and minor repairs (i.e. nicks scratches, corrosion removal.) 
	5.
	Alodine
anticorrosion treatment of all exposed aluminum. 
	6.
	Perform
Eddy Current inspection and Ultra Sonic inspection of wheel halves as required. 
	7.
	Tie
bolts inspected then anti-seize applied to bolts and nuts. 
	8.
	Install
tire and inflate with nitrogen 
	9.
	Install
bearings, grease seals, retainer clips, and leak check 
	10.
	Final
check and return to service with 8130 Tag. 
	11.
	Package
and repair for shipment in container provided by Customer 

Painting
is additional charge if required; American has had excellent success with the alodine treatment and does not repaint wheels and brakes. 

Welding
and machine repairs on wheels are additional cost charged at the rate listed in VII.1.a. 

Expendables
Included. 

Time Estimate:

	Nose Wheel Overhaul	 	*** shop days
	Main Wheel Overhaul	 	*** shop days
	Main Wheel Tire Change	 	*** shop days
	Brake Overhaul	 	*** shop days
	Brake Check and Repair	 	*** shop days

Shipping Responsibility:  

American is responsible for all shipping and Allegiant will be invoiced for one way shipping. Rates will be charged at the prevailing rates charged to American Airlines. 

24

 

Service Fees:  

Fixed Rates for Labor and kit not including parts that are "as needed" or "upon condition" or not specifically listed in the kit: 

	Wheels:
	 	Labor and Kit

	1. Nose Wheel Overhaul	 	***
	2. Main Wheel Tire Change	 	***
	3. Main Wheel Overhaul	 	***
	4. Nose Wheels	 	***
	5. Main Wheels	 	***

	Brakes:
	 	Labor and Kit
	 	 
	 
	4. Check and Repair	 	***	 	(no kit—parts only as needed	)
	5. Overhaul	 	***	 	 	 

Scrap
parts are not included in any of the fixed prices. 

Parts
required that are considered "as needed" or purchase of parts to replace anything that is considered scrap will be considered "New Parts and Materials" and charged as follows: 

New
Parts and Materials—AA's *** price or invoice price for newly purchased parts, plus a handling fee of *** not to exceed *** per item. Transportation cost is the responsibility of the
Customer. 

Part
Kits listed in Table A of this Exhibit A-6 

	15.
	Reliability and Trend Analysis Service—

	A.
	Identify
those systems/components whose inherent reliability prove inadequate and provide this information to the appropriate Allegiant Engineering and Maintenance
Contacts. Data provided should be used by Allegiant to develop enhancements, as required, to restore reliability to its inherent level.

	B.
	Provide
data displays (reports, graphs, etc.) that accurately summarize the fleet performance to the appropriate Allegiant Engineering and Maintenance Contacts to help
evaluate the effectiveness of the total maintenance program. 

This service includes the following reports:

Delay Cancellation Analysis Trend Chart

PIREP Counts and Rates with top 25 degrading PIREP chart

MEL Counts and Rates with top 25 ATA Systems by count

2 Digit ATA Year over Year comparison

4 Digit ATA Year over Year comparison

Air Interrupt summary w/trend charts 

	C.
	Work
with Allegiant to create a documented Reliability program to layout guidelines for responsibilities, data flow, work flow, etc. based on their available data
sources.

	D.
	Provide
timely reports based on either an "event" or "alert" based program.

	E.
	Provide
"root cause" analysis as needed.

	F.
	Provide
information to improve Allegiant's overall fleet reliability.

	G.
	Help
enhance the Continuing Analysis and Surveillance System (CASS) set forth in 14 CFR Sec. 121.373. 

25

 

	H.
	Provide
reports for evaluation as outlined in Advisory Circular (AC) No. 120-17A. 

Specifications:

	A.
	All
data to be provided by Allegiant electronically.

	B.
	American
Airlines will keep an electronic data back-up for a 1 year period. 

Report Time:

	A.
	Initial
set-up: American will endeavor to have program set-up and initialized 45 days from receipt of all data from Allegiant.

	B.
	Report
Interval Recommendation: Monthly—Electronically 

Charges:

	A.
	Initial
set-up—Charge to be determined based upon Customer requirements and format of available information. This will be charged by the actual
number of hours required. An estimate will be provided after initial evaluation of project scope and data format. This amount will be charged on the invoice for the first month of service.

	B.
	A
flat fee of *** per month for the reports defined above including 3 ad hoc reports per month for a fleet size up to *** aircraft, *** for each additional aircraft. The
initial charge will be charged upon completion of setup.

	C.
	Additional
ad hoc reports: *** per hour for report prep. *** minimum.

	D.
	FAA
meeting Support/Presentation: *** per day per engineer

	16.
	Heavy Maintenance Planning— 

Preparation
and delivery of Planning Services including review of time controlled aircraft and items, scheduling of airframe "C" checks and bill of work preparation. Items provided as needed would be
modification maintenance planning and Airworthiness Directive maintenance planning. 

This
service includes: 

	A.
	Weekly
updates of normal airframe maintenance plans.

	B.
	Bills
of work for normal airframe maintenance as needed based upon the plan and time controlled maintenance items.

	C.
	Weekly
updates of any special project planning as needed and agreed to by both parties. 

Assumptions:

Allegiant
to provide the following information: 

	A.
	Maintenance
program information including work cards with updates 
	B.
	Time
control data 
	C.
	Aircraft
revenue trip schedules 
	D.
	Aircraft
AD summaries including Service Bulletins 
	E.
	Modification
information as required 
	F.
	Access
to work card system to print checks 

Report Time estimates:

Report
Intervals: Weekly or as otherwise agreed 

Charges:

26

 

	E.
	A
flat rate of *** per month for a fleet size up to *** aircraft, *** for each additional aircraft. Includes all normal maintenance planning and Bill of Work preparation
for "C" checks. This includes all existing AD's at the date of signature. The initial charge will be charged upon completion of setup. 

Special
project planning such as new modification planning and AD planning as needed will be outside this service and fees will be mutually agreed. 

	17.
	Travel Passes—American Airlines will provide a total of *** round trip tickets per year to be used by the
on-site Allegiant representatives for travel between a destination within the main land United States and TUL or the base where a C-check is being performed. The ticket route
and time will be based on available space within the American Airlines flight system.

	VIII.
	American's
Maintenance Facility: 

American
Airlines, Inc.

Maintenance and Engineering Center

3800 N. Mingo Road

Tulsa, OK 74116 

	IX.
	Customer's
Invoice Address: 

Allegiant
Air

Attn: Accounts Payable

3301 North Buffalo Drive Suite B9

Las Vegas, NV 89129 

	X.
	Parts 

All
known parts (prepull or rotable's) as per the work documents, manuals, and original task cards for the requested work, must be in the possession of the seller at a minimum of 72 hours
before aircraft induction or as otherwise agreed to. Any part(s) that the Customer requests to be provided by American must be made in writing 7 days prior to check and American will provide
such part(s) based on availability of such part(s). 

	XI.
	Invoicing
to Allegiant 

American
will endeavor to invoice according to the following schedule: 

	A.
	C-check
deposit invoice—no later than *** days after induction of aircraft 
	B.
	C-check
invoice—*** days after redelivery of the aircraft to Allegiant 
	C.
	Reconciling
C-check invoice including component and part repairs—*** days after redelivery of the aircraft to Allegiant 
	D.
	Service
fee invoices—monthly

	XII.
	Payment
Terms 

An
amount of ***for each C-Check to be paid prior to the aircraft redelivery will be applied to the charge for the C-check. Net *** days on all other invoices. 

27

 

Agreed
and accepted by, 

	Allegiant Air	 	American Airlines, Inc.
	

By:	

    
	
 	

By:	

    

	

Printed	
 	

Printed
	Name:	    
	 	Name:	    

	Title:	    
	 	Title:	    

	Date:	    
	 	Date:	    

28

QuickLinks

MAINTENANCE GENERAL TERMS AGREEMENT

ARTICLE I PURCHASE AND PERFORMANCE OF SERVICES

ARTICLE II CONDITIONS PRECEDENT TO PERFORMANCE OF SERVICES AND DELIVERY OF EQUIPMENT FOR SERVICES

ARTICLE III PAYMENTS AND CHARGES

ARTICLE IV RESERVED

ARTICLE V TERM OF THE AGREEMENT

ARTICLE VI GENERAL TERMS AND CONDITIONS

ARTICLE VII LIMITED WARRANTY

ARTICLE VIII INSURANCE

ARTICLE IX INDEMNITY

ARTICLE X EVENTS OF DEFAULT

ARTICLE XI MISCELLANEOUS

EXHIBIT A-6 Page 1 of 11QuickLinks
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Exhibit 10.21  

Execution Copy 

 
 

STOCK PURCHASE AGREEMENT    
    

        This STOCK PURCHASE AGREEMENT (this "Agreement") is entered into as of November 20, 2006, by and among those persons set forth
on Exhibit A hereto as "Sellers" (each, a "Seller" and collectively, the "Sellers"), PAR Investment
Partners, L.P., a Delaware limited partnership (the "Buyer"), Allegiant Travel Company, LLC, a Nevada limited liability company
(the "LLC"), and Allegiant Travel Company, a Nevada corporation (the "Company"). 

        WHEREAS,
the LLC operates a low-cost passenger airline marketed to leisure travelers in small cities (the "Business"); 

        WHEREAS,
in connection with the initial public offering (the "IPO") of the common stock, par value $.001 per share (the "Common
Stock"), of the Company pursuant to a registration statement on Form S-1 (Reg. No. 333-134145) (the "Registration
Statement"), the LLC will complete a reorganization transaction (the "Reorganization") whereby the Company will succeed to the Business of
the LLC and the members of the LLC (the "Members") will become stockholders of the Company; 

        WHEREAS,
the Reorganization will be accomplished through a merger of the LLC with and into the Company (the "Merger") and the Members will
receive shares of Common Stock in exchange for their shares of preferred and common membership interests in the LLC; 

        WHEREAS,
the Sellers are members of the LLC and will become record owners of shares of Common Stock upon completion of the Reorganization; 

        WHEREAS,
the Buyer desires to purchase from the Sellers and Sellers desire to sell to the Buyer shares of Common Stock that will be received by the Sellers in the Reorganization, each
Seller selling the amount set forth opposite such Seller's name, on Exhibit A hereto (the "Shares"), pursuant to the
terms and subject to the conditions set forth in this Agreement; and 

        WHEREAS,
the closing of the purchase and sale of the Shares pursuant hereto is conditioned upon the completion of the Reorganization and the simultaneous closing of the IPO. 

        NOW,
THEREFORE, in consideration of the foregoing and the mutual promises and covenants set forth below, the Buyer and the Sellers hereby agree as follows: 

1.     Sale of Shares. 

        (a)   Purchase
and Sale Closing.    Each Seller, severally and not jointly, agrees to sell to the Buyer, and the Buyer hereby agrees to
purchase from each Seller, the number of shares of Common Stock set forth next to the name of such Seller on Exhibit A hereto at a price per share equal to
95.5% of the public offering price per share of the shares of Common Stock to be sold in the IPO (the "Purchase Price"). 

        (b)   Closing.    The
closing of the sale and purchase of the shares of Common Stock (the "Closing")
shall take place at the offices of Skadden, Arps, Slate, Meagher & Flom LLP, Four Times Square, New York, NY 10036, or at such other place as shall be agreed upon by the parties
hereto, on the date that all of the conditions set forth in Section 6 of this Agreement are either satisfied or waived. At the Closing, the Company shall deliver to the Buyer certificates or
other instruments representing the Seller's Shares, together with validly executed irrevocable stock powers in blank in the form attached as Exhibit C hereto.
Delivery to the Buyer shall be made against payment to the Sellers of the full amount of the Purchase Price at the Closing. 

        (c)   Payment
of Purchase Price.    Payment by the Buyer of the Purchase Price shall be made by wire transfer of immediately available
funds to an account specified in writing by each Seller. 

 

2.     Representations and Warranties. 

        2.1   Representations
and Warranties of the Company.    The Company represents and warrants to the Buyer as follows: 

        (a)   Registration
Statement.    The Registration Statement does not contain an untrue statement of a material fact or omit to state a
material fact required to be stated therein or necessary to make the statements therein not misleading. 

        (b)   Independent
Accountants.    The accountants who certified the financial statements and supporting schedules included in the
Registration Statement are independent public accountants as required by the Securities Act of 1933, as amended (the "Securities Act") and the rules and regulations
of the Securities and Exchange Commission (the "Commission") under the 1933 Act (the "1933 Act Regulations"). 

        (c)   Financial
Statements.    The financial statements included in the Registration Statement, together with the related schedules and
notes, present fairly the financial position of the Company and its consolidated subsidiaries at the dates indicated and the statements of operations, stockholders' equity and cash flows of the
Company and its consolidated subsidiaries for the periods specified; said financial statements have been prepared in conformity with generally accepted accounting principles
("GAAP") applied on a consistent basis throughout the periods involved. The supporting schedules, if any, present fairly in accordance with GAAP the information required
to be stated therein. The selected financial data and the summary financial information included in the Registration Statement present fairly the information shown therein and have been compiled on a
basis consistent with that of the audited financial statements included in the Registration Statement. The pro forma financial statements and the related notes thereto included in the
Registration Statement present fairly the information shown therein, have been prepared in accordance with the rules and guidelines of the Commission with respect to pro forma financial
statements and have been properly compiled on the bases described therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give
effect to the transactions and circumstances referred to therein. All disclosures contained in the Registration Statement regarding "non-GAAP financial measures" (as such term is
defined by the rules and regulations of the Commission) comply with Regulation G of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and
Item 10 of Regulation S-K of the Securities Act, to the extent applicable. 

        (d)   No
Material Adverse Change in Business.    Since the dates as of which information is given in the Registration Statement, except
as otherwise stated therein, (A) there has been no material adverse change in the condition, financial or otherwise, or in the earnings, business affairs or business prospects of the Company
and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business (a "Material Adverse Effect"), (B) there have
been no transactions entered into by the Company or any of its subsidiaries, other than those in the ordinary course of business, which are material with respect to the Company and its subsidiaries
considered as one enterprise, (C) there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock, and (D) there has been
no prohibition or suspension of the operation of the Company's aircraft, including as a result of action taken by the Federal Aviation Administration or the Department of Transportation. 

        (e)   Good
Standing of the Company.    The Company has been duly organized and is validly existing as a corporation in good standing
under the laws of the State of Nevada and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement and to enter
into and perform its obligations under this Agreement; and the Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such
qualification is required, whether by reason of the ownership or leasing 

3

 

of
property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect. 

        (f)    Good
Standing of Subsidiaries.    Each "significant subsidiary" of the Company (as such term is defined in
Rule 1-02 of Regulation S-X of the Securities Act) (each a "Subsidiary" and, collectively, the
"Subsidiaries") has been duly organized and is validly existing as a limited liability company or corporation in good standing under the laws of the jurisdiction of its
formation, has corporate or other power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement and is duly qualified as a foreign
corporation or limited liability company to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of
property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect; except as otherwise disclosed in the Registration
Statement, all of the issued and outstanding equity interests of each such Subsidiary have been duly authorized and validly issued, are fully paid and non assessable and are owned by the Company,
directly or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance, claim or equity; none of the outstanding equity interests of any Subsidiary were issued
in violation of the preemptive or similar rights of any securityholder of such Subsidiary. The only subsidiaries of the Company are the subsidiaries listed on Exhibit 21.1 to the
Registration Statement. 

        (g)   Capitalization.    The
authorized, issued and outstanding capital stock of the Company is as set forth in the Registration
Statement in the column entitled "Actual" under the caption "Capitalization" (except for subsequent issuances, if any, pursuant to this Agreement, pursuant to reservations, agreements or employee
benefit plans referred to in the Registration Statement or pursuant to the exercise of convertible securities or options referred to in the Registration Statement). The shares of issued and
outstanding capital stock have been duly authorized and validly issued and are fully paid and non assessable; none of the outstanding shares of capital stock was issued in violation of the preemptive
or other similar rights of any securityholder of the Company. 

        (h)   Authorization
of Agreement.    This Agreement has been duly authorized, executed and delivered by the Company. 

        (i)    Authorization
and Description of Securities.    The Common Stock conforms to all statements relating thereto contained in the
Registration Statement and such description conforms to the rights set forth in the instruments defining the same. 

        (j)    Absence
of Defaults and Conflicts.    Neither the Company nor any of its subsidiaries is in violation of its charter or bylaws or
in default in the performance or observance of any obligation, agreement, covenant or condition contained in any contract, indenture, mortgage, deed of trust, loan or credit agreement, note, lease or
other agreement or instrument to which the Company or any of its subsidiaries is a party or by which it or any of them may be bound, or to which any of the property or assets of the Company or any
subsidiary is subject (collectively, "Agreements and Instruments") except for such defaults that would not result in a Material Adverse Effect; and the execution, delivery
and performance of this Agreement and the consummation of the transactions contemplated herein and in the Registration Statement (including the corporate reorganization and Merger of the Company with
Allegiant Travel Company, LLC, the issuance and sale of the securities and the use of the proceeds from the sale of the securities as described in the Registration Statement under the caption
"Use of Proceeds") and compliance by the Company with its obligations hereunder have been duly authorized by all necessary corporate action and do not and will not, whether with or without the giving
of notice or passage of time or both, conflict with or constitute a breach of, or default or Repayment Event (as defined below) under, or result in the creation or imposition of any lien,
charge or encumbrance upon any property or assets of the Company or any subsidiary pursuant to, the Agreements and Instruments (except for such conflicts, breaches, defaults or Repayment Events or
liens, charges or 

4

 

encumbrances
that would not result in a Material Adverse Effect), nor will such action result in any violation of the provisions of the charter or bylaws of the Company or any subsidiary or any
applicable law, statute, rule, regulation, judgment, order, writ or decree of any government, government instrumentality or court, domestic or foreign, having jurisdiction over the Company or any
subsidiary or any of their assets, properties or operations. As used herein, a "Repayment Event" means any event or condition which gives the holder of any note, debenture
or other evidence of indebtedness (or any person acting on such holder's behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the
Company or any subsidiary. 

        (k)   Absence
of Labor Dispute.    Except as disclosed in the Registration Statement, no labor dispute with the employees of the Company
or any subsidiary exists or, to the knowledge of the Company, is imminent, and the Company is not aware of any existing or imminent labor disturbance by the employees of any of its or any subsidiary's
principal suppliers, manufacturers, customers or contractors, which, in either case, would result in a Material Adverse Effect. 

        (l)    Absence
of Proceedings.    There is no action, suit, proceeding, inquiry or investigation before or brought by any court or
governmental agency or body, domestic or foreign, now pending, or, to the knowledge of the Company, threatened, against or affecting the Company or any subsidiary, which is required to be disclosed in
the Registration Statement (other than as disclosed therein), or which might result in a Material Adverse Effect, or which might materially and adversely affect the properties or assets thereof or the
consummation of the transactions contemplated in this Agreement, the Merger or the performance by the Company of its obligations hereunder or thereunder; the aggregate of all pending legal or
governmental proceedings to which the Company or any subsidiary is a party or of which any of their respective property or assets is the subject which are not described in the Registration Statement,
including ordinary routine litigation incidental to the business, would not result in a Material Adverse Effect. 

        (m)  Accuracy
of Exhibits.    There are no contracts or documents which are required to be described in the Registration Statement or
to be filed as exhibits thereto which have not been so described in the Registration Statement or filed as an exhibit thereto. 

        (n)   Possession
of Intellectual Property.    The Company and its subsidiaries own or possess, or can acquire on reasonable terms,
adequate patents, patent rights, licenses, inventions, copyrights, know how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or
procedures), trademarks, service marks, trade names or other intellectual property (collectively, "Intellectual Property") necessary to carry on the business now operated
by them, and neither the Company nor any of its subsidiaries has received any notice or is otherwise aware of any infringement of or conflict with asserted rights of others with respect to any
Intellectual Property or of any facts or circumstances which would render any Intellectual Property invalid or inadequate to protect the interest of the Company or any of its subsidiaries therein, and
which infringement or conflict (if the subject of any unfavorable decision, ruling or finding) or invalidity or inadequacy, singly or in the aggregate, would result in a Material
Adverse Effect. 

        (o)   Absence
of Further Requirements.    No filing with, or authorization, approval, consent, license, order, registration,
qualification or decree of, any court or governmental authority or agency is necessary or required for the performance by the Company of its obligations hereunder, in connection with the sale of the
Shares hereunder or the consummation of the transactions contemplated by this Agreement or the Merger, except such as have been already obtained or as may be required under the Securities Act or the
1933 Act Regulations or state securities laws. 

        (p)   Absence
of Manipulation.    The Company has not taken, and the Company will not take, directly or indirectly, any action which is
designed to or which has constituted or which would be expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of
the Shares. 

5

 

        (q)   Possession
of Licenses and Permits.    The Company and its subsidiaries possess such permits, licenses, approvals, consents and
other authorizations (collectively, "Governmental Licenses") issued by the appropriate federal, state, local or foreign regulatory agencies or bodies, including the
Department of Transportation and the Federal Aviation Administration, necessary to conduct the business now operated by them, except where the failure so to possess would not, singly or in the
aggregate, result in a Material Adverse Effect; the Company and its subsidiaries are in compliance with the terms and conditions of all such Governmental Licenses, except where the failure so to
comply would not, singly or in the aggregate, result in a Material Adverse Effect; all of the Governmental Licenses are valid and in full force and effect, except when the invalidity of such
Governmental Licenses or the failure of such Governmental Licenses to be in full force and effect would not, singly or in the aggregate, result in a Material Adverse Effect; and neither the Company
nor any of its subsidiaries has received any notice of proceedings relating to the revocation or modification of any such Governmental Licenses which, singly or in the aggregate, if the subject of an
unfavorable decision, ruling or finding, would result in a Material Adverse Effect. 

        (r)   Title
to Property.    The Company and its subsidiaries have good and marketable title to all real property owned by the Company
and its subsidiaries and good title to all other properties owned by them, in each case, free and clear of all mortgages, pledges, liens, security interests, claims, restrictions or encumbrances of
any kind except such as (a) are described in the Registration Statement or (b) do not, singly or in the aggregate, materially affect the value of such property and do not interfere with
the use made and proposed to be made of such property by the Company or any of its subsidiaries; and all of the leases and subleases material to the business of the Company and its subsidiaries,
considered as one enterprise, and under which the Company or any of its subsidiaries holds properties described in the Registration Statement, are in full force and effect, and neither the Company nor
any subsidiary has any notice of any material claim of any sort that has been asserted by anyone adverse to the rights of the Company or any subsidiary under any of the leases or subleases mentioned
above, or affecting or questioning the rights of the Company or such subsidiary to the continued possession of the leased or subleased premises under any such lease or sublease. 

        (s)   Investment
Company Act.    The Company is not required, and upon the issuance and sale of the shares as contemplated in, and the
application of the net proceeds therefrom as described in, the Registration Statement will not be required, to register as an "investment company" under the Investment Company Act of 1940, as amended
(the "1940 Act"). 

        (t)    Environmental
Laws.    Except as described in the Registration Statement and except as would not, singly or in the aggregate,
result in a Material Adverse Effect, (i) neither the Company nor any of its subsidiaries is in violation of any federal, state, local or foreign statute, law, rule, regulation, ordinance, code,
policy or rule of common law or any judicial or administrative interpretation thereof, including any judicial or administrative order, consent, decree or judgment, relating to pollution or protection
of human health, the environment (including, without limitation, ambient air, surface water, groundwater, land surface or subsurface strata) or wildlife, including, without limitation, laws and
regulations relating to the release or threatened release of chemicals, pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum or petroleum products, asbestos-containing
materials or mold (collectively, "Hazardous Materials") or to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of
Hazardous Materials (collectively, "Environmental Laws"), (ii) the Company and its subsidiaries have all permits, authorizations and approvals required under any
applicable Environmental Laws and are each in compliance with their requirements, (iii) there are no pending or threatened administrative, regulatory or judicial actions, suits, demands, demand
letters, claims, liens, notices of noncompliance or violation, investigation or proceedings relating to any Environmental Law against the Company or any of its subsidiaries and (iv) there are
no events or circumstances that would reasonably be expected to form the basis of an order for clean-up or remediation, or an action, suit or proceeding by any private party or
governmental body or agency, 

6

 

against
or affecting the Company or any of its subsidiaries relating to Hazardous Materials or any Environmental Laws. 

        (u)   Registration
Rights.    Other than as disclosed in the Registration Statement, there are no persons with registration rights or
other similar rights to have any securities registered pursuant to the Registration Statement or otherwise registered by the Company under the Securities Act. 

        (v)   Accounting
Controls.    The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to
provide reasonable assurances that (i) transactions are executed in accordance with management's general or specific authorization; (ii) transactions are recorded as necessary to permit
preparation of financial statements in conformity with GAAP and to maintain accountability for assets; (iii) access to assets is permitted only in accordance with management's general or
specific authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any
differences. Except as described in the Registration Statement, since the end of the Company's most recent audited fiscal year, there has been (A) no material weakness in the Company's internal
control over financial reporting (whether or not remediated) and (B) no change in the Company's internal control over financial reporting that has materially affected, or is reasonably likely
to materially affect, the Company's internal control over financial reporting. 

        (w)  Compliance
with the Sarbanes-Oxley Act.    The Company has taken all necessary actions to ensure that, upon the effectiveness of
the Registration Statement, it will be in compliance with all provisions of the Sarbanes-Oxley Act of 2002 and all rules and regulations promulgated thereunder or implementing the provisions thereof
(the "Sarbanes-Oxley Act") that are then in effect and which the Company is required to comply with as of the effectiveness of the Registration Statement, and is
actively taking steps to ensure that it will be in compliance with other provisions of the Sarbanes-Oxley Act not currently in effect, upon the effectiveness of such provisions, or which will become
applicable to the Company at all times after the effectiveness of the Registration Statement. 

        (x)   Payment
of Taxes.    All United States federal income tax returns of the Company and its subsidiaries required by law to be
filed have been filed and all taxes shown by such returns or otherwise assessed, which are due and payable, have been paid, except assessments against which appeals have been or will be promptly taken
and as to which adequate reserves have been provided. The Company and its subsidiaries have filed all other tax returns that are required to have been filed by them pursuant to applicable foreign,
state, local or other law except insofar as the failure to file such returns would not result in a Material Adverse Effect, and have paid all taxes due pursuant to such returns or pursuant to any
assessment received by the Company and its subsidiaries, except for such taxes, if any, as are being contested in good faith and as to which adequate reserves have been provided. The charges, accruals
and reserves on the books of the Company in respect of any income and corporation tax liability for any years not finally determined are adequate to meet any assessments or re-assessments
for additional income tax for any years not finally determined, except to the extent of any inadequacy that would not result in a Material Adverse Effect. 

        (y)   Insurance.    The
Company and its subsidiaries carry or are entitled to the benefits of insurance, with financially sound and
reputable insurers, in such amounts and covering such risks as is generally maintained by companies of established repute and similar size engaged in the same or similar business, and all such
insurance is in full force and effect. The Company has no reason to believe that it or any subsidiary will not be able (i) to renew its existing insurance coverage as and when such policies
expire or (ii) to obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not result in a
Material Adverse Change. Neither the Company nor any subsidiary has been denied any insurance coverage which it has sought or for which it has applied. 

7

 

        (z)   Statistical
and Market-Related Data.    Any statistical and market-related data included in the Registration Statement are based
on or derived from sources that the Company believes to be reliable and accurate, and, to the extent required, the Company has obtained the written consent to the use of such data from
such sources. 

        (aa) Foreign
Corrupt Practices Act.    Neither the Company nor, to the knowledge of the Company, any director, officer, agent,
employee, affiliate or other person acting on behalf of the Company or any of its subsidiaries is aware of or has taken any action, directly or indirectly, that would result in a violation by such
persons of the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the "FCPA"), including, without limitation, making use
of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift,
promise to give, or authorization of the giving of anything of value to any "foreign official" (as such term is defined in the FCPA) or any foreign political party or official thereof or any
candidate for foreign political office, in contravention of the FCPA and the Company and, to the knowledge of the Company, its affiliates have conducted their businesses in compliance with the FCPA
and have instituted and maintain policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith. 

        (bb) Money
Laundering Laws.    The operations of the Company are and have been conducted at all times in compliance with applicable
financial recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all jurisdictions, the rules and
regulations thereunder and any related or similar rules, regulations or guidelines, issued, administered or enforced by any governmental agency (collectively, the "Money Laundering
Laws") and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company with respect to the Money Laundering
Laws is pending or, to the best knowledge of the Company, threatened. 

        (cc) OFAC.    Neither
the Company nor, to the knowledge of the Company, any director, officer, agent, employee, affiliate or person
acting on behalf of the Company is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department
("OFAC"); and the Company will not directly or indirectly use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds to any
subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC. 

        (dd) Air
Carrier.    Allegiant Air LLC, a wholly owned subsidiary of the LLC, (i) is an "air carrier" within the
meaning of 49 U.S.C. Section 40102(a) and (ii) holds an air carrier operating certificate issued by the Secretary of Transportation pursuant to Chapter 447 of Title 49 of
the United States Code for aircraft capable of carrying 10 or more individuals or 6,000 pounds or more of cargo. Each of the Company, the LLC and Allegiant Air LLC is a
"citizen of the United States" as defined in 49 U.S.C. Section 40102. 

        2.2   Representations
and Warranties of each Seller.    Each Seller, severally and not jointly, represents and warrants to the Buyer
as follows: 

        (a)   Disclosure.    Seller
has reviewed and is familiar with Amendment No. 3 to the Registration Statement. As of the
date of this Agreement, Amendment No. 3 to the Registration Statement, does not contain any untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary in order to make the statements therein not misleading; provided, however, that the foregoing representation and warranty
is limited to the name and address of such Seller and the number of shares of Common Stock beneficially owned by such Seller after giving effect to the sale of the shares in the IPO, which information
has been furnished in writing by or on behalf of such Seller to the Company expressly for use therein. As of the date of this Agreement, Seller is not relying 

8

 

upon
any material information concerning the Company or any subsidiary of the Company which is not set forth in Amendment No. 3 to the Registration Statement (and is otherwise
required to be set forth in Amendment No. 3 to the Registration Statement) in making its decision to sell the Shares to be sold by Seller hereunder. 

        (b)   Authorization.    This
Agreement has been duly authorized, executed and delivered by or on behalf of Seller. This Agreement
constitutes the valid and legally binding obligation of Seller, enforceable against Seller in accordance with its terms, subject to bankruptcy, reorganization, insolvency and other similar laws
affecting the enforcement of creditors' rights generally and to general principles of equity. 

        (c)   Noncontravention.    The
execution and delivery by Seller of, and the performance by Seller of its obligations under this
Agreement, the sale and delivery of the Shares to be sold by Seller, the consummation of the transactions contemplated herein and compliance by Seller with its obligations hereunder does not and will
not contravene any provision of applicable law, or the certificate of incorporation or by laws or other organizational documents of Seller (if such Seller is an entity), or any agreement or
other instrument binding upon Seller or any judgment, order or decree of any governmental body, agency or court having jurisdiction over Seller, and no consent, approval, authorization or order of, or
qualification with, any governmental body or agency is required for the performance by Seller of its obligations under this Agreement, except such as may be required by the securities or "blue sky"
laws and regulations of the various states in connection with the offer and sale of the Shares. 

        (d)   Valid
Title.    At the closing of the transactions contemplated hereby Seller will have valid title to the Shares to be sold by
Seller free and clear of all security interests, claims, liens, equities or other encumbrances and the legal right and power, and all authorization and approval required by law, to enter into this
Agreement and to sell, transfer and deliver the Shares to be sold by Seller. 

        (e)   Delivery
of Shares.    Upon payment by Buyer for the Shares to be sold by Seller pursuant to this Agreement, delivery of the
Shares to be sold by Seller will pass valid title to such Shares, free and clear of any adverse claim within the meaning of Section 8-102 of the New York Uniform Commercial
Code, to Buyer without notice of an adverse claim. 

        (f)    Absence
of Manipulation.    Seller has not taken, and will not take, directly or indirectly, any action which is designed to or
which has constituted or would be expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Shares. 

        (g)   Absence
of General Solicitation or Advertising.    Within the preceding six months of this Agreement, no Seller has
(i) offered any Shares by means of any general solicitation or general advertising within the meaning of Rule 502(c) under Regulation D under the Securities Act;
(ii) contacted anyone (other than Buyer) seeking to sell his or its ownership interest in the LLC or the Company; (iii) provided information to anyone (other than Buyer) seeking
to acquire an ownership interest in the LLC or the Company; or (iv) engaged or authorized anyone to take any of the actions described in (i), (ii) or (iii) above on his or
its behalf. 

        (h)   No
Seller has taken any action which would jeopardize the qualification of the sale of Shares as being exempt from the registration requirements of the
Securities Act. 

        (i)    No
Broker's Fees.    Seller has not entered into any contracts, agreements, arrangements or understandings with any person or firm
to pay any finder's fee, brokerage commission or similar payment in connection with the sale of the Shares contemplated hereby, except for a placement fee payable to Merrill Lynch, Pierce,
Fenner & Smith Incorporated in the amount set forth in that certain Private Sale Agency Agreement, which fee will be paid by the Sellers. 

9

   
        2.3   Buyer Representations. 

        (a)   The
Buyer represents and warrants to each Seller that: (i) it is an institutional "accredited investor" as defined in Rule 501(a) promulgated under the
Securities Act; (ii) it has sufficient knowledge and experience in investing in companies similar to the Company so as to be able to evaluate the risks and merits of its investment in the
Company and it is able financially to bear the risks thereof; (iii) it has had an opportunity to discuss the Company's business, management and financial affairs with the Company's management;
(iv) all documents, records, and information pertaining to its investment in the Common Stock and the Company that have been requested by it, have been made available or delivered to it prior
to the date hereof; (v) its financial condition is such that it is able to bear the risk of holding the Shares for an indefinite period of time and can bear the loss of the entire investment in
such securities; and (vi) it is not purchasing the Shares as the result of any form of general solicitation or general advertising and confirms that its initial interest in purchasing the
Shares resulted from a meeting scheduled at the request of the Company and not as a result of the Buyer's review of public filings by the Company. 

        (b)   This
Agreement is made in reliance upon the Buyer's express representations that (i) the Shares being purchased by Buyer are being acquired for Buyer's own
account (and not on behalf of any other person or entity) for the purpose of investment and not with a view to, or for sale in connection with, the distribution thereof, nor with any present
intention of distributing or selling the Shares or any portion thereof, (ii) the Buyer was not organized for the specific purpose of acquiring the Shares and (iii) the Shares will not be
sold by the Buyer without registration under the Securities Act or applicable state securities laws, or an exemption therefrom. 

        (c)   The
Buyer understands that the Shares being purchased by Buyer hereunder have not been registered under the Securities Act, or any state securities laws and are instead
being offered and sold in reliance on an exemption from such registration requirements. Buyer represents and warrants that it is not aware of any facts or legal basis for the position that the sale of
Shares is not exempt from such registration requirements. If and to the extent that Buyer has any right to rescind the purchase of the Shares contemplated hereunder as a result of such purchase not
being exempt from the registration requirements of the Securities Act, Buyer waives any such rescission rights and agrees not to enforce any such rescission rights. The Buyer further understands that
until such time as the Shares shall have been registered under the Securities Act and applicable state securities laws or shall have been transferred in accordance with an opinion of counsel
reasonably satisfactory to the Company that such registration is not required, stop transfer instructions shall be issued to the Company's transfer agent, if any, or, if the Company transfers its own
securities, a notation shall be made in the appropriate records of the Company with respect to such securities, and the certificate or certificates representing such securities shall bear a
restrictive legend stating that such securities have not been registered under the Securities Act and applicable state securities laws and referring to restrictions on the transferability and
sale thereof. 

        The
Buyer further understands that Buyer's representations and warranties hereunder will not preclude disposition of the Shares without registration thereof, in compliance with
Rule 144 promulgated under the Securities Act ("Rule 144"). The Buyer understands and acknowledges, however, that there is not now available, and may not be
available when Buyer wishes to sell the Shares, or any portion thereof, the adequate current public information with respect to the Company which would permit offers or sales of such securities
pursuant to Rule 144, and, therefore, compliance with the Securities Act or some other exemption from the registration and prospectus delivery requirements of the Securities Act may be required
for any such offer or sale. 

        (d)   Authorization.    The
Buyer has all requisite power and authority to execute and deliver this Agreement. This Agreement
constitutes the valid and legally binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms. 

11

 

        (e)   Representations.    There
are no representations, warranties, agreements or undertakings of the Sellers with respect to the
transactions contemplated by this Agreement other than those set forth in this Agreement. The Buyer further represents and warrants that, in executing and delivering this Agreement, it has not relied
on any statement or representation made by any legal counsel or investment advisor to, or other agent of, any of the Sellers. 

        3.     Amendment
to Registration Statement.    The Company hereby agrees to provide Buyer notice of any amendment to the Registration
Statement that would materially change the price range reflected on the cover page of the prospectus forming a part of Amendment No. 3 to the Registration Statement (i.e., between
$15.00 and $17.00 per share) or the number of shares to be sold in the IPO as reflected in such prospectus (the "Amendment Notice") at least two (2) hours
prior to the filing of such amendment. In the event that Buyer receives an Amendment Notice, Buyer shall have the right, but not the obligation, within the two (2) hour period following receipt
of the Amendment Notice, to terminate this Agreement by giving notice to the Company. Notwithstanding anything to the contrary contained in Section 8 hereof, notices under this Section 3
shall be given both by live telephone conversation and by email, in the case of Buyer, to Edward Shapiro or Gina DiMento (provided that the email is sent to both of such persons at the following email
addresses: Shapiro@parcapital.com and DiMento@parcapital.com) and, in the case of the Company, to Maury Gallagher, Andrew Levy or Rob Goldberg
(provided that the email is sent to all three of such persons at the following email addresses: mgallagher@allegiantair.com,
alevy@allegiantair.com and RGoldberg@ellisfunk.com). 

        4.     Information.    Each
Seller acknowledges that the Buyer may hereafter possess nonpublic information concerning the Company not
known to the Seller (the "Excluded Information"), including, without limitation, information which the Buyer may have received from the Company on a confidential
basis or information received from other sources. The Excluded Information may or may not be material, may or may not have been publicly disclosed by or on behalf of the Company, and may or may not be
available to the Seller from sources other than the Company or the Buyer. Seller acknowledges that such Seller has had adequate access to information to make an informed decision to sell the Shares to
be sold by the Seller hereunder. 

        5.     Waiver
and Release. 

        (a)   Buyer
hereby (i) waives and releases any claim (whether for rescission, damages or otherwise) it may have against Sellers, the Company, any affiliate of any of
the foregoing or any director, officer or agent of the foregoing (collectively, "Seller Parties") arising solely out of or based solely on any aspect of the sale of the Shares to Buyer being not
exempt from registration or qualification under federal or state securities laws, (ii) agrees not, under any circumstances, to exercise any right of rescission arising solely out of or based
solely on any aspect of the sale of the Shares to Buyer being not exempt from registration or qualification under federal or state securities laws, and (iii) if it is ultimately determined that
the agreements and waivers contained in the preceding clauses (i) and (ii) are unenforceable, irrevocably agrees to contribute to Sellers (in the proportions set forth on
Exhibit A hereto) any proceeds received by Buyer from Sellers as a result of any rescission action by Buyer based solely on any aspect of the sale of the Shares to Buyer being not exempt from
registration or qualification under federal or state securities laws; provided, however, that (i), (ii) and (iii) shall not
apply and Buyer will be free to pursue any claim against the Seller Parties and exercise any right of rescission arising out of or based on any aspect of the sale of the Shares to Buyer being not
exempt from registration or qualification under federal or state securities laws if (A) any of the representations and warranties of the Sellers contained in Sections 2.2(g)
and (h) are not true and correct in all respects and/or (B) there is any fraud by any of the Seller Parties in connection with the transactions contemplated by this Agreement. 

        (b)   The
Sellers hereby waive (i) any rights they may have under the Investors Agreement dated as of May 4, 2005, among the LLC, the Sellers and certain
other individuals (the "Investors Agreement") 

12

 

to
have their shares in the LLC or the Company included in the Registration Statement and (ii) any rights to have their preferred shares in the LLC redeemed at the Liquidation
Value thereof under Section 7 of the Certificate of Determination of Voting Powers, Designations, Preferences, Limitations, Restrictions and Relative Rights of the Series A Convertible
Preferred Shares and Series B Convertible Preferred Shares of the LLC. 

        6.     Conditions
to the Closing.    The obligations of Seller and Buyer hereunder are subject to the satisfaction of the conditions set
forth below on or before the Closing. If for any reason any of the conditions set forth in this Section 6 are not satisfied or waived by each party entitled to the benefit of such conditions at
or prior to the Closing, or if the Closing shall not have occurred by February 28, 2007, then each of Seller and Buyer by written notice given to the other parties hereto shall have the right
to elect to terminate this Agreement and each party shall be released from their obligations hereunder and shall have no further liability hereunder except that nothing herein shall relieve any party
from liability for any breach of this Agreement prior to such termination. 

        (a)   Conditions
to Buyer's Obligation to Purchase the Common Stock at the Closing. The Buyer's obligation to purchase the Shares at the Closing
is subject to the satisfaction of the following conditions: 

        (i)    Representations
and Warranties.    The representations and warranties made by the Sellers and the Company shall be true and
correct in all material respects as of the date of this Agreement and as of the Closing (except to the extent such representations and warranties speak as of a specific date). 

        (ii)   Reorganization.    The
Reorganization shall have been consummated. 

        (iii)  Amendment
/ Initial Public Offering.    This Agreement shall not have been terminated pursuant to Section 3 hereof. The
Registration Statement shall have been declared effective and the IPO shall close simultaneously with the transactions contemplated hereby. 

        (iv)  Investors
Agreement.    The Company and the parties thereto shall have executed and delivered the amended and restated Investors
Agreement substantially in the form attached as Exhibit B hereto. 

        (v)   Delivery
of Stock Certificates and Stock Powers.    The Company shall have delivered (A) the number of shares of Common
Stock set forth opposite the name of each Seller on Exhibit A hereto and (B) validly executed irrevocable stock powers in blank in the form attached
as Exhibit C hereto. 

        (b)   Conditions
to Obligations of each Seller at the Closing.    A Seller's obligation to sell the Shares at the Closing is
subject to the satisfaction of the following conditions: 

        (i)    Representations
and Warranties True.    The representations and warranties made by the Buyer shall be true and correct in all
material respects as of the date of this Agreement and as of the Closing (except to the extent such representations and warranties speak as of a specific date). 

        (ii)   Initial
Public Offering.    The Registration Statement shall have been declared effective and the IPO shall close simultaneously
with the transactions contemplated hereby. 

        (iii)  Payment
of Purchase Price.    Buyer shall have paid the Purchase Price by wire transfer of immediately available funds to an
account specified by each Seller. 

        7.     Private
Sale Agency Agreement.    No Seller will consent or agree to any amendment to that certain Private Sale Agency Agreement
which would reduce the placement fee payable to Merrill Lynch, Pierce, Fenner & Smith Incorporated in such Private Sale Agency Agreement. 

13

 

        8.     Notices.    Notices
given hereunder shall be deemed to have been duly given, only if given in writing, and on (i) the date
of personal delivery, or (ii) on the date one day after being delivered to a reputable overnight courier with proper delivery instructions, to the party being notified at his, her, or its
address specified on the applicable signature page hereto or such other address as the addressee may subsequently notify the other party of in writing; provided that any such notice to any Seller
shall also be copied concurrently to Greenberg Traurig, LLP, Met Life Building, 200 Park Avenue, New York, New York 10166, Attn: Daniel P. Raglan, Esq. 

        9.     Consent
to Merger.    As a Member of the LLC, each Seller hereby consents to and approves the Merger of the LLC with
and into the Company pursuant to the terms of the Merger Agreement in substantially the form attached hereto as Exhibit D. This consent and approval shall survive
any termination of this Agreement pursuant to Section 3. 

        10.   Entire
Agreement and Amendments.    This Agreement constitutes the entire agreement of the parties with respect to the subject
matter hereof. This Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and signed, in the case of an amendment, by each of the parties hereto or, in the case of
a waiver, by the party waiving compliance, except that, in the event of a Viva Assignment (as contemplated by Section 13), Declan F. Ryan, Maurice Mason and Anthony Carragher shall be
substituted for Viva Air as Sellers in all respects and Exhibit A shall be amended as appropriate to reflect their respective ownership of Viva Air's Shares, in
each case without the consent of any party hereto. No waiver shall be deemed a waiver of any subsequent breach or default of the same or similar nature. 

        11.   Governing
Law; Successors and Assigns.    This Agreement shall be governed by and interpreted in accordance with the laws of the
State of New York and shall be binding upon the heirs, personal representatives, executors, administrators, successors and assigns of the parties without regard to the conflict of laws
principles therein. 

        12.   Severability.    The
invalidity or unenforceability of any particular provision of this Agreement shall not affect the other
provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provision were omitted, provided that such construction shall not substantially impair the
bargained-for rights of any party hereto. 

        13.   Benefit
and Burden; Assigns.    This Agreement may not be assigned by a Seller without the prior written consent of the Buyer,
except that Viva Air Limited ("Viva Air") may assign its rights under this Agreement (the "Viva Assignment") to Declan F. Ryan, Maurice
Mason and Anthony Carragher in connection with the purchase of Viva Air's Shares (as set forth on Exhibit A attached hereto) by such parties;
provided, that each of Declan F. Ryan, Maurice Mason and Anthony Carragher (i) assume all obligations of Viva Air under this Agreement and each such party will be
deemed a Seller for all purposes under this Agreement and (ii) execute a counterpart signature page to this Agreement. This Agreement may not be assigned by Buyer without the prior written
consent of each Seller. 

        14.   Captions.    Captions
are for convenience only and are not deemed to be part of this Agreement. All references herein to numbered
Sections are to Sections of this Agreement unless otherwise indicated. 

        15.   Survival
and Indemnity.    The representations and warranties contained herein shall survive the Closing. Each party hereto,
severally and not jointly, agrees to indemnify, defend and hold harmless each other party hereto from and against all costs, expenses, losses and damages (including, without limitation, reasonable
attorney's fees and expenses, but excluding consequential damages) incurred by such party or parties (as the case may be) resulting from any misrepresentation or breach of warranty made
by it. 

14

 

        16.   Counterparts.    This
Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. 

        17.   Further
Assurances.    The parties agree to execute such further instruments and to take such further action as may reasonably be
necessary to carry out the intent of this Agreement. 

        [Remainder of Page Intentionally Left Blank] 

15

   
        IN WITNESS WHEREOF, this Stock Purchase Agreement has been executed as of the date and year first above written. 

	 	 	SELLERS:
	
 	
 	
COMVEST ALLEGIANT HOLDINGS, LLC
	
 	
 	

By:	

 Name:

Title:
	
 	
 	

Address:  c/o ComVest Allegiant Holdings II LLC

                 One North Clematis Street

                 Suite 3

                 West Palm Beach, FL 33401

                 Attention: Carl Kleidman
	
 	
 	
VIVA AIR LIMITED
	
 	
 	

By:	

 Name:

Title:
	
 	
 	

Address:  4th Floor, Research Building

                 NCI, IFSC

                 Dublin 1, Ireland
	
 	
 	

 Timothy P. Flynn
	
 	
 	

Address:  3291 N. Buffalo, Suite 8

                 Las Vegas, NV 89129
	
 	
 	

 Ronald B. Booth
	
 	
 	

Address:  3291 N. Buffalo Drive, Suite 8

                 Las Vegas, NV 89129
	
 	
 	

 George K. Connor
	 	 	 	 

25

 

	
 	
 	

Address:  3291 N. Buffalo Drive, Suite 8

                 Las Vegas, NV 89129
	
 	
 	

 Jeff Susa
	
 	
 	

Address:  3275 S. Jones, #105

                 Las Vegas, NV 89146
	
 	
 	

 Mark F. Matthews
	
 	
 	

Address:  5260 N. Palm, Suite 400

                 Fresno, CA 93704
	
 	
 	

 Sean P. Corrigan
	
 	
 	

Address:  2960 Traverse Creek Lane

                 Las Vegas, NV 89135
	
 	
 	

 Mitchell Allee
	
 	
 	

Address:  2727 North Grove Industrial, Suite 121

                 Fresno, CA 93727
	
 	
 	
BUYER:
	
 	
 	
PAR INVESTMENT PARTNERS, L.P.
	
 	
 	

By:	

PAR Group, L.P.

Its: General Partner
	
 	
 	

By:	

PAR Capital Management, Inc.

Its: General Partner
	 	 	 	 

26

 

	
 	
 	

By:	

 Name: Edward L. Shapiro

Title: Vice President
	
 	
 	

Address:  c/o PAR Capital Management, Inc.

                 One International Place, Suite 2401

                 Boston, MA 02110

                 Attention: Edward L. Shapiro

                                   Gina M. DiMento
	
 	
 	
LLC:
	
 	
 	
ALLEGIANT TRAVEL COMPANY, LLC
	
 	
 	

By:	

 Name:

Title:
	
 	
 	

Address:  3301 Buffalo Drive, Suite B-9

                 Las Vegas, Nevada 89129

                 Attention: Chief Executive Officer
	
 	
 	
COMPANY:
	
 	
 	
ALLEGIANT TRAVEL COMPANY
	
 	
 	

By:	

 Name:

Title:
	
 	
 	

Address:  3301 Buffalo Drive, Suite B-9

                 Las Vegas, Nevada 89129

                 Attention: Chief Executive Officer

27

  

 
 

Exhibit A
  to
  Stock Purchase Agreement    
    

	Seller
 
	 	Number of Shares to be Sold

	ComVest Allegiant Holdings, LLC	 	1,178,571
	Viva Air Limited	 	353,571
	Timothy P. Flynn	 	94,286
	Mitchell Allee	 	100,000
	Ronald B. Booth	 	4,714
	George K. Connor	 	4,714
	Jeff Susa	 	5,893
	Mark F. Matthews	 	2,358
	Sean P. Corrigan	 	5,893
	TOTAL	 	1,750,000

28

 
 
 

Exhibit B
  to
  Stock Purchase Agreement    
    

 
 

Amended and Restated Investors Agreement  
    

29

 
 
 

Exhibit C
  to
  Stock Purchase Agreement    
    

 
 

Form of Stock Power  
    

 
 

STOCK POWER    
    

        FOR VALUE RECEIVED, the undersigned does hereby sell, assign, transfer and convey unto PAR INVESTMENT PARTNERS, L.P., a Delaware limited partnership,
                                         
                               
(          ) shares of common stock, par value $0.001 per share, of Allegiant Travel Company, a Nevada corporation
(the "Company"), represented by Certificate No.           , and does hereby irrevocably constitute, appoint and instruct
                                      , to transfer
the said stock on the books of the Company, with full power of substitution. 

Dated:
                                         
  , 2006 

	 	 	
[PRINT NAME OF STOCKHOLDER]
	
 	
 	

[By:	

 Name:

Title:]

30

 
 
 

Exhibit D
  to
  Stock Purchase Agreement    
    

 
 

Merger Agreement  
    

31

QuickLinks

STOCK PURCHASE AGREEMENT

Exhibit A to Stock Purchase Agreement

Exhibit B to Stock Purchase Agreement

Amended and Restated Investors Agreement

Exhibit C to Stock Purchase Agreement

Form of Stock Power

STOCK POWER

Exhibit D to Stock Purchase Agreement

Merger Agreement

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