Document:

ex10_1.htm

    
      

    

    Exhibit
      10.1

    

      
        AMENDMENT
          NO. 1 TO REVOLVING CREDIT, TERM LOAN AND SECURITY
          AGREEMENT

      

      
        

      

      
        This
          AMENDMENT NO. 1 TO REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (the
          "Amendment"), dated as of October 1, 2007, is by and among AIR METHODS
          CORPORATION, a Delaware corporation, ROCKY MOUNTAIN HOLDINGS, L.L.C., a
          Delaware
          limited liability company, MERCY AIR SERVICE, INC., a California corporation,
          LIFENET, INC., a Missouri corporation, FSS AIRHOLDINGS, INC., a Delaware
          corporation, and CJ SYSTEMS AVIATION GROUP, INC., a Pennsylvania corporation,
          as
          borrowers and debtors (each individually a "Borrower" and collectively,
          the
          "Borrowers"), KEYBANK NATIONAL ASSOCIATION, a national banking association,
          as a
          Lender, as lead arranger, sole book runner and administrative agent ("KeyBank"
          or "Agent"), LASALLE BANK NATIONAL ASSOCIATION, as a Lender and as syndication
          agent, NATIONAL CITY BANK, as a Lender and as documentation agent, and
          the other
          LENDERS.

      

      
        

      

      
        RECITALS

      

      
        

      

      
        A.           Pursuant
          to a certain Revolving Credit, Term Loan and Security Agreement (as amended,
          the
          "Loan Agreement"), dated as of September 17, 2007, by and among the Borrowers
          (except for FSS Airholdings, Inc. and CJ Systems Aviation Group, Inc. (the
          "CJ
          Borrowers")) and Lenders, Borrowers incurred certain loans from
          Lenders.

      

      
        

      

      
        B.           Borrowers
          and Lenders desire to amend the Loan Agreement to add the CJ Borrowers
          as
          Borrowers under the Loan Agreement, to acknowledge certain new guarantors
          of the
          Indebtedness under the Loan Agreement, and to make certain other amendments
          to
          the Loan Agreement as set forth in this Amendment.

      

      
        

      

      
        C.           Any
          capitalized terms used but not defined in this Agreement shall have the
          meanings
          given to such terms in the Loan Agreement.

      

      
        

      

      
        AGREEMENT

      

      
        

      

      
        1.           CJ
          Borrowers. The CJ Borrowers acknowledge and agree that they are each a
          Borrower under the Loan Agreement and that all terms and conditions of
          the Loan
          Agreement relating to a Borrower or the Borrowers are applicable to them
          in all
          respects in accordance with the terms and conditions of the Loan Agreement
          and
          this Amendment.

      

      
        

      

      
        2.           Representations
          and Warranties; Breaches. Borrowers (including the CJ Borrowers) represent
          and warrant as of the date of this Amendment that (a) all representations
          and
          warranties of the Borrowers set forth in Article VI of the Loan Agreement
          are
          true and correct in all respects after giving effect to the addition of
          the CJ
          Borrowers as Borrowers under the Loan Agreement, (b) none of the Borrowers
          is,
          or is required to be registered as, an “investment
          company”
          under the Investment Company Act of 1940, and (c) no Event of Default,
          or any
          event that with the passage of time could become an Event of Default, has
          occurred since the date of the Loan Agreement.

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        3.           Schedules.
          The Schedules to the Loan Agreement are hereby amended as of the date hereof
          by
          adding the Schedules set forth on Exhibit A to this Amendment to the
          previously-delivered Schedules.

      

      
        

      

      
        4.           Notes.
          Pursuant to this Amendment, the outstanding Revolving Notes and Term Notes
          are
          being replaced with Amended and Restated Promissory Notes (Revolving Credit)
          and
          Amended and Restated Promissory Notes (Term Loan), which Amended and Restated
          Promissory Notes add the CJ Borrowers as makers and update the outstanding
          principal amount of the Term Notes, and such notes are the Revolving Notes
          and
          the Term Notes, respectively, as defined in the Loan
          Agreement.

      

      
        

      

      
        5.           Conditions
          to Amendment. In addition to all conditions set forth in this Amendment, all
          closing conditions set forth in Section 7.1(b) of the Loan Agreement, including
          obtaining secretary's certificates from each of the CJ Borrowers and CJ
          Critical
          Care Transportation Systems, Inc., a Pennsylvania corporation, Special
          Jet
          Services, Inc., a Pennsylvania corporation, CJ Critical Care Transportation
          Systems of Florida, Inc., a Pennsylvania corporation, and CJ Critical Care
          Transportation Systems of Kentucky, Inc., a Pennsylvania corporation (the
          "CJ
          Guarantors") and Guaranty and Security Agreements from each of the CJ
          Guarantors.

      

      
        

      

      
        6.           Loan
          Agreement. Except as specifically amended herein, all terms and provisions
          of the Loan Agreement shall remain in full force and effect.

      

      
        

      

      
        7.           Waiver
          of Claims.    Borrowers hereby agree that this Amendment
          is a reasonable agreement among the parties in connection with the current
          facts
          and circumstances related to Borrowers' business and is in keeping with
          the
          tenor of the Loan Agreement, and Borrowers hereby completely and generally
          waive, release, remise, acquit and forever discharge the Lenders and their
          respective affiliates, present and past officers, directors, agents, attorneys,
          predecessors, successors, insurers, parent, subsidiary and sibling corporations
          and entities, and assigns (collectively, the "Bank Releasees") of and from
          any
          and all past and present claims, damages or causes of action arising or
          relating
          in any way to the actions of the Bank Releasees relating to the Loan Agreement,
          this Amendment, the Transaction Documents or any other agreement among
          the
          parties, which Borrowers ever had or now has against the Bank Releasees,
          or any
          of them.

      

      
        

      

      
        8.           Miscellaneous.

         

         
          (a)           No
          modification, rescission, waiver, release, or amendment of any provision
          of this
          Amendment shall be made, except by a written agreement signed by Borrowers
          and a
          duly authorized officer of each Lender.

      

      
        

      

      
                  (b)           This
          Amendment may be executed in any number of counterparts, and by Lenders
          and
          Borrowers on separate counterparts, each of which, when so executed and
          delivered, shall be an original, but all of which shall together constitute
          one
          and the same Amendment.

      

      
        

      

      
                     
          (c)           The
          provisions of this Amendment are independent of, and separable from, each
          other,
          and no such provision shall be affected or rendered invalid or unenforceable
          by
virtue of the fact that
          for any
          reason any other such provision may be invalid or unenforceable in whole
          or in part. If any provision of this Amendment is prohibited or unenforceable
          in
          any jurisdiction, such provision shall be ineffective in such jurisdiction
          only
          to the extent of such prohibition or unenforceability, and such prohibition
          or
          unenforceability shall not invalidate the balance of such provision to
          the
          extent it is not prohibited or unenforceable nor render prohibited or
          unenforceable such provision in any other jurisdiction.

      

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      
                     
          (d)            The
          terms of this Amendment, the Loan Agreement and the Transaction Documents
          shall
          be cumulative except to the extent that they are specifically inconsistent
          with
          each other, in which case the terms of this Amendment shall
          prevail.

      

      
        

      

      
                     
          (e)           This
          Amendment, the Loan Agreement, and the other Transaction Documents constitute
          the entire agreement and understanding between the parties hereto with
          respect
          to the transactions contemplated hereby and supersede all prior negotiations,
          understandings, and agreements among such parties with respect to such
          transactions, including, without limitation, those expressed in any commitment
          letter delivered by Lenders to Borrowers.

      

      
        

      

      
                     
          (f)           THIS
          AMENDMENT, AND THE TRANSACTIONS EVIDENCED HEREBY, SHALL BE GOVERNED BY,
          AND
          CONSTRUED UNDER, THE INTERNAL LAWS OF THE STATE OF COLORADO, WITHOUT REGARD
          TO
          PRINCIPLES OF CONFLICTS OF LAW, AS THE SAME MAY FROM TIME TO TIME BE IN
          EFFECT,
          INCLUDING, WITHOUT LIMITATION, THE UNIFORM COMMERCIAL CODE AS IN EFFECT
          IN THE
          STATE.

      

      
        

      

      
                     
          (g)           BORROWERS
          AND LENDERS AGREE THAT ANY ACTION OR PROCEEDING TO ENFORCE, OR ARISING
          OUT OF,
          THE TRANSACTION DOCUMENTS MAY BE COMMENCED IN ANY STATE OR FEDERAL COURT
          OF
          COMPETENT JURISDICTION IN THE STATE OF COLORADO, AND BORROWERS WAIVE PERSONAL
          SERVICE OF PROCESS AND AGREE THAT A SUMMONS AND COMPLAINT COMMENCING AN
          ACTION
          OR PROCEEDING IN ANY SUCH COURT SHALL BE PROPERLY SERVED AND SHALL CONFER
          PERSONAL JURISDICTION IF SERVED BY REGISTERED OR CERTIFIED MAIL TO BORROWERS,
          OR
          AS OTHERWISE PROVIDED BY THE LAWS OF THE STATE OR THE UNITED
          STATES.

      

      
        

      

      
                     
          (h)           BORROWERS
          AND LENDERS HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVE ANY
          RIGHT TO
          TRIAL BY JURY BORROWERS OR LENDERS MAY HAVE IN ANY ACTION OR PROCEEDING,
          IN LAW
          OR IN EQUITY, IN CONNECTION WITH THE TRANSACTION DOCUMENTS OR THE TRANSACTIONS
          RELATED THERETO. BORROWERS REPRESENT AND WARRANT THAT NO REPRESENTATIVE
          OR AGENT
          OF ANY LENDER HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT ANY LENDER
          WILL NOT,
          IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THIS RIGHT TO JURY TRIAL WAIVER.
          BORROWERS ACKNOWLEDGE THAT THE LENDERS HAVE BEEN INDUCED TO ENTER INTO
          THIS
          AMENDMENT BY, AMONG OTHER THINGS, THE PROVISIONS OF THIS
          PARAGRAPH.

      

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      
                     
          (i)            ORAL
          AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM
          ENFORCING REPAYMENT OF A DEBT, INCLUDING
          PROMISES TO EXTEND OR RENEW SUCH DEBT, ARE NOT ENFORCEABLE.
          TO PROTECT YOU (BORROWERS) AND US (LENDERS) FROM MISUNDERSTANDING OR
          DISAPPOINTMENT, ANY AGREEMENTS WE REACH COVERING SUCH MATTERS ARE CONTAINED
          IN
          THE TRANSACTION DOCUMENTS, WHICH ARE THE COMPLETE AND EXCLUSIVE STATEMENT
          OF THE
          AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY
          IT.

      

      
        

      

      
        [Signature
          page follows]

      

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

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

      

      
        

      

      
        	 	
                BORROWERS: 

              
	 	  
	 	
                AIR
                  METHODS CORPORATION 

              
	 	  
	 	  
	 	
                By: 
                  

              	
                /s/
                  Trent J. Carman

              	 
	 	
                Name:
                  Trent J. Carman 

              
	 	
                Title:
                  Chief Financial Officer 

              
	 	  
	 	
                Address: 

              
	 	
                7301
                  South Peoria Street 

              
	 	
                Englewood,
                  Colorado 80112 

              
	 	
                Attn:
                  Trent J. Carman 

              
	 	
                Phone:
                  303-792-7591 

              
	 	
                Facsimile:
                  303-790-4780 

              
	 	  
	 	
                ROCKY
                  MOUNTAIN HOLDINGS, L.L.C. 

              
	 	  
	 	
                By:      Air
                  Methods Corporation, its sole member 

              
	 	  
	 	  
	 	
                By: 

              	
                /s/
                  Trent J. Carman

              	 
	 	
                Name:
                  Trent J. Carman 

              
	 	
                Title:
                  Chief Financial Officer 

              
	 	  
	 	
                Address: 

              
	 	
                7301
                  South Peoria Street 

              
	 	
                Englewood,
                  Colorado 80112 

              
	 	
                Attn:
                  Trent J. Carman 

              
	 	
                Phone:
                  303-792-7591 

              
	 	
                Facsimile:
                  303-790-4780 

              

      

      

      
        

      

      
        

      

      
        [Signature
          Page to Amendment No. 1]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

      

      
        	 	
                MERCY
                  AIR SERVICE, INC. 

              
	 	  
	 	
                By: 
                  

              	
                /s/
                  Trent J. Carman

              	 
	 	
                Name:
                  Trent J. Carman 

              
	 	
                Title:
                  Chief Financial Officer 

              
	 	  
	 	
                Address: 

              
	 	
                7301
                  South Peoria Street 

              
	 	
                Englewood,
                  Colorado 80112 

              
	 	
                Attn:
                  Trent J. Carman 

              
	 	
                Phone:
                  303-792-7591 

              
	 	
                Facsimile:
                  303-790-4780 

              
	 	  
	 	
                LIFENET,
                  INC. 

              
	 	  
	 	
                By: 
                  

              	
                /s/
                  Trent J. Carman

              	 
	 	
                Name:
                  Trent J. Carman 

              
	 	
                Title:
                  Chief Financial Officer 

              
	 	  
	 	
                Address: 

              
	 	
                7301
                  South Peoria Street 

              
	 	
                Englewood,
                  Colorado 80112 

              
	 	
                Attn:
                  Trent J. Carman 

              
	 	
                Phone:
                  303-792-7591 

              
	 	
                Facsimile:
                  303-790-4780 

              
	 	  
	 	
                FSS
                  AIRHOLDINGS. INC. 

              
	 	  
	 	
                By: 
                  

              	
                /s/
                  Trent J. Carman

              	 
	 	
                Name:
                  Trent J. Carman 

              
	 	
                Title:
                  Chief Financial Officer 

              
	 	  
	 	
                Address: 

              
	 	
                7301
                  South Peoria Street 

              
	 	
                Englewood,
                  Colorado 80112 

              
	 	
                Attn:
                  Trent J. Carman 

              
	 	
                Phone:
                  303-792-7591 

              
	 	
                Facsimile:
                  303-790-4780 

              

      

      
        

      

      
        

      

      
        

      

      
        [Signature
          Page to Amendment No. 1]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

      

      
        	 	CJ
                SYSTEMS AVIATION GROUP 
	 	  
	 	
                By:
                  

              	
                /s/
                  Trent J. Carman

              	 
	 	
                Name:
                  Trent J. Carman 

              
	 	
                Title:
                  Chief Financial Officer 

              
	 	  
	 	
                Address: 

              
	 	
                7301
                  South Peoria Street 

              
	 	
                Englewood,
                  Colorado 80112 

              
	 	
                Attn:
                  Trent J. Carman 

              
	 	
                Phone:  303-792-7591 

              
	 	 Facsimile:
                303-790-4780 

      

       

      
        

      

      
        

      

      
        [Signature
          Page to Amendment No. 1]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

      

      
        	 	
                LENDERS: 

              
	 	  
	 	
                As
                  Lender and Agent: 

              
	 	  
	 	
                KEYBANK
                  NATIONAL ASSOCIATION 

              
	 	  
	 	
                By:
                  

              	
                /s/
                  Chris Mohler

              	 
	 	
                Name:
                  Chris Mohler 

              
	 	
                Title:   Senior
                  Vice President 

              
	 	  
	 	
                Address: 

              
	 	
                1675
                  Broadway, Suite 300 

              
	 	
                Denver,
                  CO 80202 

              
	 	
                Attn:
                  Chris Mohler 

              
	 	
                Phone:
                  720-904-4502 

              
	 	
                Fax:
                  720-904-4515 

              

      

      
        

      

      
        

      

      
        

      

      
        [Signature
          Page to Amendment No. 1]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

      

      
        	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION 

              
	 	  
	 	  
	 	
                By:
                  

              	
                /s/
                  Darren Lemkau

              	 
	 	
                Name:
                  Darren Lemkau 

              
	 	Title:
                Senior Vice President 
	 	 
	 	
                Address: 

              
	 	
                370
                  17th Street, Suite 3590 

              
	 	
                Denver,
                  CO 80202 

              
	 	
                Attn:
                  Darren Lemkau 

              
	 	
                Phone;
                  303-825-7582 

              
	 	
                Fax:
                  303-825-6719 

              

      

      
        

      

      
        

      

      
        

      

      
        [Signature
          Page to Amendment No. 1]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

      

      
        	 	
                NATIONAL
                  CITY BANK 

              
	 	  
	 	  
	 	
                By:
                  

              	
                /s/
                  Emil Kwaczala

              	 
	 	
                Name:
                  Emil Kwaczala 

              
	 	
                Title:
                  Vice President 

              
	 	  
	 	
                Address: 20
                  Stanwix
                  Street 

              
	 	
                Pittsburgh,
                  PA 15222 

              
	 	
                Attn:
                  Emil Kwaczala 

              
	 	
                Phone:
                  412-644-7727 

              
	 	
                Fax:
                  412-644-6224 

              

      

      
        

      

      
        

      

      
        

      

      
        [Signature
          Page to Amendment No. 1]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
         

      

      
        	 	
                PNC
                  BANK, NATIONAL ASSOCIATION 

              
	 	  
	 	  
	 	
                By:
                  

              	
                /s/
                  Philip K. Liebscher

              	 
	 	
                Name:
                  Philip K. Liebscher 

              
	 	
                Title:
                  Senior Vice President 

              
	 	  
	 	
                Address: 

              
	 	
                249
                  Fifth Avenue 

              
	 	
                Pittsburgh,
                  PA 15222 

              
	 	
                Attn:
                  Philip K. Liebscher 

              
	 	
                Phone:
                  412-762-3202 

              
	 	
                Fax:
                  412-762-6484 

              

      

      

      

      

      (Signature
        Page to Amendment No. 1]

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	 	
                COLORADO
                  BUSINESS BANK 

              
	 	  
	 	  
	 	By:
                	
                /s/
                  Doug Pogge

              	 
	 	
                Name:
                  Doug Pogge 

              
	 	
                Title:
                  Senior Vice President 

              
	 	  
	 	  
	 	
                Address: 

              
	 	
                821
                  17th Street 

              
	 	
                Denver,
                  CO 80202 

              
	 	
                Attn:
                  Doug Pogge 

              
	 	
                Phone:
                  303-383-1288 

              
	 	
                Fax:
                  303-312-3477 

              

      

      

      

      

      [Signature
        Page to Amendment No. 1]ex10_2.htm

    
      

    

    Exhibit
      10.2

    

      FORM
        OF GUARANTY AND SECURITY AGREEMENT

      

      This
        GUARANTY AND SECURITY AGREEMENT (this "Agreement"), dated as of October 1,
        2007,
        is by and between [CJ CRITICAL CARE TRANSPORTATION SYSTEMS OF FLORIDA, INC.,
        a
        Pennsylvania corporation] [CJ CRITICAL CARE TRANSPORTATION SYSTEMS, INC.,
        a
        Pennsylvania corporation] [CJ CRITICAL CARE TRANSPORTATION SYSTEMS OF KENTUCKY,
        INC., a Pennsylvania corporation] [SPECIAL JET SERVICES, INC., a Pennsylvania
        corporation] ("Guarantor") and KEYBANK NATIONAL ASSOCIATION, as a Lender
        and as
        Agent for all the Lenders under the Credit Agreement ("Agent").

      

      W
        I T N E S S E T H:

      

      WHEREAS,
        FSS Airholdings, Inc. and CJ Systems Aviation Group, Inc. (each a "Borrower"),
        are each becoming a Borrower under that certain Revolving Credit, Term Loan
        and
        Security Agreement dated as of September 17, 2007 by and among Air Methods
        Corporation, Rocky Mountain Holdings, L.L.C., Mercy Air Service, Inc., and
        LifeNet, Inc., as the initial Borrowers, the Agent, and the Lenders (as defined
        therein) (as amended or otherwise modified from time to time, the "Credit
        Agreement"), pursuant to which the Lenders have agreed to make certain financial
        accommodations available to the Borrowers (capitalized terms used herein
        and not
        otherwise defined, shall have the meanings given them in the Credit Agreement);
        and

      

      WHEREAS,
        Guarantor, as an affiliate of the Borrowers, will benefit from the making
        of the
        financial accommodations pursuant to the Credit Agreement and is willing
        to
        guaranty the Liabilities (as defined below) on the terms hereinafter set
        forth,
        and to secure such guaranties by a pledge of their assets, as an inducement
        to
        the Lenders to enter into the Credit Agreement and make the loans to the
        Borrowers as set forth therein.

      

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

      

      
        	
                 

              	
                1.

              	
                Guaranty.

              

      

      

      (a)           Guarantor
        hereby unconditionally, as primary obligor and not merely as surety, guarantees
        the full and prompt payment when due, whether by acceleration or otherwise,
        and
        at all times thereafter, of all obligations (monetary or otherwise) of the
        Borrowers to the Lenders, howsoever created, arising or evidenced, whether
        direct or indirect, absolute or contingent, now or hereafter existing, or
        due or
        to become due that arise out of or in connection with the Credit Agreement,
        the
        Notes (as defined in the Credit Agreement), any other Transaction Document
        (as
        defined in the Credit Agreement), in each case as the same may be amended,
        modified, extended or renewed from time to time (all such obligations being
        herein collectively called the "Liabilities"); provided, however, that Guarantor
        shall be liable under this Agreement for the maximum amount of such liability
        that can be hereby incurred without rendering this Agreement, as it relates
        to
        Guarantor, voidable under applicable law relating to fraudulent conveyance
        or
        fraudulent transfer, and not for any greater amount..

      

      (b)           Guarantor
        agrees that, in the event of the occurrence of any Event of Default (as defined
        in the Credit Agreement) and a declaration of acceleration under Section
        10.2 of
        the Credit Agreement, Guarantor will pay to the Lenders forthwith the full
        amount that would be payable hereunder by Guarantor if all Liabilities were
        then
        due and payable.  No payment made upon the Liabilities will discharge
        or diminish the continuing liability of Guarantor in connection with any
        additional Liabilities.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                 

              	
                2.

              	
                Grant
                  of Security.

              

      

      

      Guarantor
        hereby assigns, mortgages, charges, hypothecates and pledges to the Lenders,
        and
        grants to the Lenders a security interest in all Guarantor's right, title
        and
        interest in and to the following (collectively, the "Collateral"):

      

      (a)           All
        Accounts (other than governmental Accounts that are not legally assignable
        by
        Guarantor), Inventory, general intangibles, chattel paper, documents, and
        instruments, whether or not specifically assigned to a Lender, automotive
        equipment, machinery, motor vehicles, furniture and fixtures.

      

      (b)           All
        guaranties, collateral, liens on, or security interests in, real or personal
        property, leases, letter of credit rights and other rights, agreements, and
        property securing or relating to payment of accounts.

      

      (c)           All
        rights to receive the surplus funds, if any, which are payable to Guarantor
        following the termination of any pension plan and the satisfaction of all
        liabilities or participants and beneficiaries under such pension plan in
        accordance with applicable law.

      

      (d)           All
        trademarks, trademark rights, patents, patent rights, intellectual property
        licenses and permits, trade names, trade name rights, and approvals, together
        with all income, royalties, damages and payments now and hereafter due and
        payable thereunder with respect thereto including, but not limited to, those
        set
        forth on Schedule A.

      

      (e)           Equipment,
        whether or not affixed to realty, including Unencumbered Aircraft and equipment
        located thereon but excluding any Aircraft that is the subject of a Permitted
        Encumbrance.

      

      (f)           All
        sale, service, performance and equipment lease contracts as to which Guarantor
        is lessee, agreements and grants (whether written or oral), and any other
        contract (whether written or oral) between Guarantor and third parties (except
        for any real property leases, or any equipment leases that do not allow an
        assignment of such leases by their terms, neither of which shall be
        Collateral).

      

      (g)           The
        entire goodwill and all product lines of Guarantor's business and other general
        intangibles, including, without limitation, know-how, trade secrets, customer
        lists, proprietary information, inventions, methods, procedures and formulae
        in
        connection with the use of and symbolized by the trademarks of
        Guarantor.

      

      (h)           All
        books, records, ledger cards, data processing records, computer software,
        and
        other property at any time evidencing or relating to the
        Collateral.

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      (i)           All
        monies, securities (including a pledge of all stock of any Affiliate owned
        by
        Guarantor and other property now or hereafter held, or received by, or in
        transit to, any Lender from or for Guarantor, and all of Guarantor's investment
        property and financial assets (as each is defined in the UCC)), deposit
        accounts, credits, and balances with any Lender existing at any
        time.

      

      (j)           All
        parts (other than parts included in the purchase of Aircraft that is the
        subject
        of a Permitted Encumbrance), accessories, attachments, special tools, additions,
        replacements, substitutions, and accessions to or for all of the
        foregoing.

      

      (k)           All
        proceeds and products of all of the foregoing in any form, including, without
        limitation, amounts payable under any policies of insurance insuring the
        foregoing against loss or damage, and all increases and profits received
        from
        all of the foregoing.

      

      (l)           provided,
        however, the Collateral shall not include any rights or interests of Guarantor
        under any licenses, leases or other contracts if and to the extent that the
        granting of a security interest in such licenses, leases or contracts is
        prohibited as a matter of law (as opposed to a contractual prohibition);
        provided, further, (i) if any such prohibition is no longer effective, a
        security interest therein in favor of Agent shall automatically arise hereunder
        without any further action on the part of Guarantor or Agent and (ii) nothing
        contained herein shall be deemed to limit, impair or otherwise affect Agent’s
        security interest in any rights or interests of Guarantor in or to monies
        due or
        to become due under any such agreement.

      

      
        	
                 

              	
                3.

              	
                Representations
                  and Warranties.

              

      

      

      Guarantor
        hereby represents and warrants to the Lenders that (a) no representations
        or
        agreements of any kind have been made to Guarantor which would limit or qualify
        in any way the terms of this Agreement; (b) this Agreement is executed at
        the
        Borrowers' request and not at the request of the Lenders; (c) Guarantor has
        full
        power, right and authority to enter into this Agreement; (d) the provisions
        of
        this Agreement do not conflict with or result in a default under any agreement
        or other instrument binding upon Guarantor and do not result in a violation
        of
        any law, regulation, court decree or order applicable to Guarantor; (e)
        Guarantor has not and will not, without the prior written consent of the
        Agent,
        sell, lease, assign, encumber, hypothecate, transfer, or otherwise dispose
        of
        any of the Collateral, except any sale, lease, assignment, encumbrance,
        hypothecation, transfer or disposition that is undertaken in accordance with
        the
        covenants in the Credit Agreement applicable to Borrowers; (f) upon the Agent's
        request, Guarantor will provide to the Lenders financial and credit information
        consistent with that required under the Credit Agreement, and all such financial
        information that currently has been, and all future financial information
        that
        will be provided to the Lenders is and will be true and correct in all material
        respects as of the dates the financial information is provided; (g) no material
        adverse change has occurred in Guarantor's financial condition since the
        date of
        the most recent financial statements provided to the Lenders and no event
        has
        occurred which may materially adversely affect Guarantor's financial condition;
        (h) no litigation, claim, investigation, administrative proceeding or similar
        action (including those for unpaid taxes) against Guarantor is pending or
        threatened which, if adversely determined, in any case or in the aggregate,
        would reasonably be expected to have a Material Adverse Effect or materially
        impair the right or ability of Guarantor to carry on its operations
        substantially as conducted on the date hereof; and (i) the Lenders have made
        no
        representation to Guarantor as to the creditworthiness of the
        Borrowers.

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      
        	
                 

              	
                4.

              	
                Waivers
                  and Other Agreements by
                  Guarantor.

              

      

      

      (a)           Guarantor
        hereby expressly waives:  (i) notice of the existence or creation or
        non-payment of all or any of the Liabilities, (ii) presentment, demand, notice
        of dishonor, protest, and all other notices whatsoever, (iii) all diligence
        in
        collection or protection of or realization upon any Liabilities or any security
        for or guaranty of any Liabilities, (iv) any obligation of the Lenders to
        proceed directly against or exhaust any Collateral held by the Lenders from
        the
        Borrowers, any other guarantor, or any other person, and (v) any claim or
        right
        which Guarantor may now have or hereafter acquire against any Borrower or
        any
        other person or entity that arises from the existence, payment, performance
        or
        enforcement of the obligations of Guarantor under this Agreement, including
        (without limitation) any right of subrogation, reimbursement, restitution,
        exoneration, contribution or indemnification.

      

      (b)           Guarantor
        authorizes the Lenders, without notice or demand and without lessening
        Guarantor's liability under this Agreement, from time to time:  (i) to
        make one or more additional secured or unsecured loans to the Borrowers,
        to
        lease equipment or other goods to the Borrowers, or otherwise to extend
        additional credit to the Borrowers; (ii) to alter, compromise, renew, extend,
        accelerate, or otherwise change one or more times the time for payment or
        other
        terms of the Liabilities or any part of the Liabilities, including increases
        and
        decreases of the rate of interest on the Liabilities; extensions may be repeated
        and may be for longer than the original loan terms; (iii) to take and hold
        security for the payment of this Guaranty or the Liabilities, and exchange,
        enforce, waive, subordinate, fail or decide not to perfect, and release any
        such
        security, with or without the substitution of new collateral; (iv) to release,
        substitute, agree not to sue, or deal with any one or more of the Borrowers'
        sureties, endorsers, or other guarantors on any terms or in any manner the
        Agent
        or the Lenders may choose; (v) to determine how, when and what application
        of
        payments and credits shall be made on the Liabilities; (vi) to apply such
        security and direct the order or manner of sale thereof, including without
        limitation, any nonjudicial sale permitted by the terms of the controlling
        security agreement or deed of trust, as the Agent in its discretion may
        determine; (vii) to sell, transfer, assign, or grant participations in all
        or
        any part of the Liabilities; and (viii) to assign or transfer this Agreement
        in
        whole or in part.

      

      (c)           Guarantor
        agrees to pay, indemnify, and hold each Lender harmless from and against,
        any
        and all liabilities, obligations, losses, damages, penalties, actions,
        judgments, suits, costs, expenses, or disbursements of any kind or nature
        whatsoever (including, without limitation, counsel and special counsel fees
        and
        disbursements in connection with any litigation, investigation, hearing,
        or
        other proceeding) with respect, or in any way related, to the existence,
        execution, delivery, enforcement, performance, and administration of this
        Agreement, the Credit Agreement and any other Transaction Document (all of
        the
        foregoing, collectively, the "Indemnified Liabilities"), except to the extent
        that any of the foregoing arises out of the gross negligence or willful
        misconduct of the party being indemnified.  The provisions of this
        section shall survive repayment of the Indebtedness.

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      
        	
                 

              	
                5.

              	
                Subordination.

              

      

      

      Guarantor
        agrees that the indebtedness of the Borrowers to the Lenders, whether now
        existing or hereafter created, shall be superior to any claim that Guarantor
        may
        now have or hereafter acquire against the Borrowers, whether or not the
        Borrowers becomes insolvent.  Guarantor hereby expressly subordinates
        any claim it may have against the Borrowers, upon any account whatsoever,
        to any
        claim that the Lenders may now or hereafter have against the
        Borrowers.  In the event of insolvency and consequent liquidation of
        the assets of the Borrowers, through bankruptcy, by an assignment for the
        benefit of creditors, by voluntary liquidation, or otherwise, the assets
        of the
        Borrowers applicable to the payment of the claims of both the Lenders and
        Guarantor shall be paid to the Lenders and shall be first applied by the
        Lenders
        to the indebtedness of the Borrowers to the Lenders.  Guarantor does
        hereby assign to the Lenders all claims which it may have or acquire against
        the
        Borrowers or against any assignee or trustee in bankruptcy of the Borrowers;
        provided however, that such assignment shall be effective only for the purpose
        of assuring to the Lenders full payment of all amounts due to the Lenders
        by the
        Borrowers.  If Agent so requests, any notes or credit agreements now
        or hereafter evidencing any debts or obligations of the Borrowers to Guarantor
        shall be marked with a legend that the same are subject to this Agreement
        and
        shall be delivered to the Lenders.  Guarantor agrees, and the Agent is
        hereby authorized, in the name of Guarantor, from time to time to execute
        and
        file financing statements and continuation statements and to execute such
        other
        documents and to take such other actions as the Lenders deems necessary or
        appropriate to perfect, preserve and enforce its rights under this
        Agreement.

      

      
        	
                 

              	
                6.

              	
                Termination.

              

      

      

      This
        Guaranty shall terminate with respect to any Guarantor upon the dissolution
        of
        such Guarantor if (i) Guarantor has given Agent thirty (30) days prior written
        notice of such proposed dissolution and (ii) the dissolution of such Guarantor
        would not reasonably be expected to have a Material Adverse Effect.

      

      
        	
                 

              	
                7.

              	
                Miscellaneous.

              

      

      

      (a)           No
        amendment or waiver of any provision of this Agreement nor consent to any
        departure by the Lenders therefrom shall in any event be effective unless
        the
        same shall be in writing and signed by Guarantor and the Lenders, and then
        such
        waiver or consent shall be effective only in the specific instance and for
        the
        specific purpose for which given.

      

      (b)           Except
        as otherwise provided herein, all notices, consents and other communications
        required or permitted to be given hereunder shall be in writing and shall
        be
        deemed given and received when (i) delivered in person, (ii) deposited with
        a
        carrier for delivery on the next business day, (iii) deposited in the mail
        if
        mailed by certified mail, return receipt requested, or (iv) sent by facsimile
        transmission with confirmation received to the party to receive such notice
        at
        the addresses set forth on the signature page hereto.

      

      (c)           This
        Agreement shall be binding upon Guarantor and its successors, and permitted
        assigns, in accordance with the terms hereof and will inure to the benefit
        of
        the Lenders and all successors and permitted assigns of the
        Lenders.  This Agreement shall not be assignable by
        Guarantor.  Guarantor consents to the assignment of all or any portion
        of the rights of the Lenders hereunder in connection with any assignment
        of the
        rights of the Lenders under the Credit Agreement with notice to
        Guarantor.

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      (d)           This
        Agreement constitutes the entire agreement between the parties hereto and
        supersedes all prior agreements, representations, warranties, statements,
        promises, information, arrangements and understandings, whether oral or written,
        express or implied, with respect to the subject matter hereof.

      

      (e)           The
        headings of the various sections of this Agreement are for convenience only
        and
        are not intended to be construed as confining or limiting in any way the
        scope
        or intent of the provisions hereof.

      

      (f)           The
        unenforceability or invalidity of any provision or provisions hereof shall
        not
        render any other provision or provisions herein contained unenforceable or
        invalid and in lieu of each such illegal, invalid or unenforceable provision
        there shall be added automatically as a part of this Agreement a provision
        as
        similar in terms to such illegal, invalid, or unenforceable provision as
        may be
        possible and be legal, valid, and enforceable.

      

      (g)           Guarantor
        agrees to pay all expenses (including reasonable attorneys' fees and legal
        expenses) paid or incurred by the Lenders in endeavoring to collect the
        Liabilities against Guarantor, or any part thereof, in realizing upon or
        protecting any collateral for this Agreement, and otherwise in enforcing
        this
        Agreement against Guarantor.

      

      (h)           The
        creation or existence from time to time of additional Liabilities to the
        Lenders
        is hereby authorized, without notice to Guarantor, and shall in no way affect
        or
        impair the rights of the Lenders or the obligations of Guarantor under this
        Agreement, including Guarantor's guaranty of such additional
        Liabilities.

      

      (i)           This
        Agreement may be executed in any number of counterparts and by the different
        parties hereto on separate counterparts, and each such counterpart shall
        be
        deemed to be an original but all such counterparts shall together constitute
        one
        and the same Agreement.  Each of the undersigned agrees to accept and
        be bound by facsimile signatures to this Agreement.

      

      (j)           ANY
        LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS
        AGREEMENT, SHALL BE BROUGHT AND MAINTAINED EXCLUSIVELY IN THE COURTS OF THE
        STATE OF COLORADO OR IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT
        OF
        COLORADO; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY
        COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT THE LENDERS' OPTION, IN THE
        COURTS OF ANY JURISDICTION WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE
        FOUND.  GUARANTOR HEREBY EXPRESSLY AND IRREVOCABLY SUBMITS TO THE
        JURISDICTION OF THE COURTS OF THE STATE OF COLORADO AND OF THE UNITED STATES
        DISTRICT COURT FOR THE DISTRICT OF COLORADO FOR THE PURPOSE OF ANY SUCH
        LITIGATION AS SET FORTH ABOVE.  GUARANTOR FURTHER IRREVOCABLY CONSENTS
        TO THE SERVICE OF PROCESS BY REGISTERED MAIL, POSTAGE PREPAID, TO THE ADDRESS
        OF
        THE PERSON SPECIFIED IN, OR PURSUANT TO, THE CREDIT AGREEMENT, OR BY PERSONAL
        SERVICE WITHIN OR WITHOUT THE STATE OF COLORADO.  GUARANTOR HEREBY
        EXPRESSLY AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW,
        ANY
        OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY
        SUCH
        LITIGATION BROUGHT IN ANY SUCH COURT REFERRED TO ABOVE AND ASSERTING THAT
        ANY
        SUCH LITIGATION HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.  TO THE
        EXTENT THAT GUARANTOR HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY FROM
        JURISDICTION OF ANY COURT OR FROM ANY LEGAL PROCESS (WHETHER THROUGH SERVICE
        OR
        NOTICE, ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION OR
        OTHERWISE) WITH RESPECT TO ITSELF OR ITS PROPERTY, GUARANTOR HEREBY IRREVOCABLY
        WAIVES SUCH IMMUNITY IN RESPECT OF ITS OBLIGATIONS UNDER THIS
        AGREEMENT.

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      (k)           EACH
        OF GUARANTOR AND THE LENDERS HEREBY WAIVES ANY RIGHT TO A TRIAL BY JURY IN
        ANY
        ACTION OR PROCEEDING TO ENFORCE OR DEFEND ANY RIGHTS UNDER THIS AGREEMENT,
        ANY
        NOTE, ANY OTHER LOAN DOCUMENT AND ANY AMENDMENT, INSTRUMENT, DOCUMENT OR
        AGREEMENT DELIVERED OR WHICH MAY IN THE FUTURE BE DELIVERED IN CONNECTION
        HEREWITH OR THEREWITH OR ARISING FROM ANY BANKING RELATIONSHIP EXISTING IN
        CONNECTION WITH ANY OF THE FOREGOING, AND AGREES THAT ANY SUCH ACTION OR
        PROCEEDING SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY.

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

      IN
        WITNESS WHEREOF, this Agreement has been duly executed and delivered as of
        the
        day and year first above written.

       

      
        	 	
                GUARANTOR: 

              
	 	 	 
	 	
                [CJ
                  CRITICAL CARE TRANSPORTATION SYSTEMS OF FLORIDA, INC.] 

              
	 	 	 
	 	
                [CJ
                  CRITICAL CARE TRANSPORTATION SYSTEMS, INC.] 

              
	 	 	 
	 	
                [CJ
                  CRITICAL CARE TRANSPORTATION SYSTEMS OF KENTUCKY, INC.] 

              
	 	 	 
	 	
                [SPECIAL
                  JET SERVICES, INC.] 

              
	 	 	 
	 	 	 
	 	 	 
	 	
                By:

              	 
	 	
                Name:

              	
                Trent
                  J. Carman

              
	 	
                Title:

              	
                Chief
                  Financial Officer

              
	 	 	 
	 	
                By:

              	 
	 	
                Name:

              	 
	 	
                Title:

              	 

      

      

      Address:

      

      7301
        South Peoria Street

      Englewood,
        CO  80112

      Phone:  (303)
        792-7591

      Facsimile:  (303)
        790-4780

      

      
        	 	
                AGENT: 

              
	 	 	 
	 	
                KEYBANK
                  NATIONAL ASSOCIATION 

              
	 	 	 
	 	 	 
	 	
                By:

              	 
	 	
                Name:

              	
                Chris
                  Mohler

              
	 	
                Title:

              	
                Senior
                  Vice President

              

      

      

      Address:

      

      1675
        Broadway, Suite 300

      Denver,
        CO  80202

       

       

      8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}]]