SEC Contract Filing

Filing Date: 2020-05-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a03312020ex101-aircraft.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<div><a name="s239c1cd3c9fc4e45b27737ff289e0088"></a></div><div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.1 </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">AMENDED AND RESTATED </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">AIRCRAFT TIME-SHARING AGREEMENT</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">The AIRCRAFT TIME-SHARING AGREEMENT</font><font style="font-family:inherit;font-size:10pt;">&#32;(the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Prior Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;), originally entered into and dated as of February 27, 2019, by and between </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CHEVRON U.S.A. INC.</font><font style="font-family:inherit;font-size:10pt;">, a Pennsylvania corporation, with offices at 6001 Bollinger Canyon Rd., San Ramon, CA, 94583 (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Lessor</font><font style="font-family:inherit;font-size:10pt;">&#8221;), and</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;MICHAEL K. WIRTH</font><font style="font-family:inherit;font-size:10pt;">, whose address is 6001 Bollinger Canyon Rd., San Ramon, CA, 94583 (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Lessee</font><font style="font-family:inherit;font-size:10pt;">&#8221;), is hereby amended and restated as of April 1, 2020 (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Effective Date</font><font style="font-family:inherit;font-size:10pt;">&#8221;). From and after the Effective Date, this </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">AMENDED AND RESTATED AIRCRAFT TIME-SHARING AGREEMENT (</font><font style="font-family:inherit;font-size:10pt;">the</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#32;&#8220;Agreement&#8221;) </font><font style="font-family:inherit;font-size:10pt;">will supersede the Prior Agreement. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lessor and Lessee will be referred to individually as a &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Party</font><font style="font-family:inherit;font-size:10pt;">&#8221; and collectively as the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Parties</font><font style="font-family:inherit;font-size:10pt;">.&#8221;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RECITALS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">A.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lessor has the right of possession of the aircraft, equipped with engines and components as described in Exhibit&#160;A - Leased Aircraft Subject to the Time-Sharing Agreement, attached and made a part of this Agreement, (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Aircraft</font><font style="font-family:inherit;font-size:10pt;">&#8221;).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">B.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify