Epic Exhibit I

8/14/2019 Epic Exhibit I

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'-'E!.. 6- (,;.." q

Aircraft Completion Services, LlC

COMPLETION ASSISTANCE AGREEMENTis COfllpletion As-sistance Agreement ("Completion Agreement") is made and 'entered into as of this.$cJ day of

.A ~ _ l _ 20!!!!:- by and between Aircraft Completion Services, LLC, a Delaware limited liability company ("ACS"),~ u . < e ' SkfI A v t j ~ , G . ~ ( " A m a t e u r - B u i l d e r " or "AB").AB Contact Information:If AB is an entity, . 4 / '" . . . . , -rstate the organization: Ok l o ! .5!r ~ L ! , ~ C Telephone Wor1< # 5t; ~ . :;. -.J J S ..>Address Se l l No t " c . ~ &:i/p ~ - . s . = - _ }llCelt# or DHome# 5'(p/ ...30:}-5ffJ

City, State ( ) / 6 1 J ~ rL M!59:sr- Fax i 77 ... ~ r=} - ? r.;z "Zip code 33


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which iidentifies certain additional equiplment andparts rAddiitional Equipnllent an d Pants"')whose incorporation or installation, asappropriate, in the EPIC J!\irfr.ame tCrt wouldproduce an EPIC that would be a h j ~ J h qU


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customilZations to the slc:,ndard EPIC, and thecircumstances under which AB operates 1heEPIC. J I ~ C S and EPIC AIR do not represent asfact or warrant in any way the estirnatedperfomlance infollnation. AB's agrees that Gillsuch information is fOr genera II guidance only.Section 11. Q J ~ L E ( ~ u I O N AND A : = ? S I G N ~ ~ i l l J I r . . ACS shall halve the power and authority, in ~ t unfettered d ~ s c r e t i o n , to assign any or aU its rightshereunder to la ACS Affiliate or ACS A f f i l i a f : e ~ andto delegate any or all of its duties ;and obligationshereunder to a ACS Affiliate or ACS A.ftlHates" 'Inthe e V E : ~ t thelt ACS delegates any of its du1jes orobligations to ACS Affiliate that expresslya s s u m i ~ S perfofrrlance of such duties orobligations, AGS shall no longer in any way beresponsible for, or l i a ~ e rB!J8crding, suchassumHd dutiles or obligations, i n d u d i n ~ ~ , 'Nithouflimitation. theirr performance. Subsequent to sucha dele


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Amateur-BuiH: airc raft like tile EPIC, including U l l ~ risks i d e n t f f i l ~ d above. TO THE GREATESTEXTENT i\LLOWED BY P"PPLICABLE LA"V, A13HEREBY V ' I J ~ I V E S AND RELEASES AGS, ACSAFFILIATES AND ACS ()FFICERS, MEMBEHSAND EMPLC)YEES FROM EVEH'( KIND ANDTYPE OF CLAIM, DAMAGE AND INJURYRESULTING F R C ) ~ I I OR ARISING OUT OF THEDESIGN, CONSTRUCTlON, ~ A A I N T E N , A N C E OHO P E R P ~ T I O i N GREATESTA P P L I C J ~ I B L E DEFEND ANDAND ACSEMPLC)YEES

OF AS'S EPIC. TO n-flEE:)CTENT ALUDWED BY

LAVV, AS SHALL IINDEMNIFY,HC)LD AGS, ACS AFFILIATES

OFFICERS, M E F \ ~ B E R S ANDHAlRMLESS AGi\I!NST EVEHY

KIND l\ND TYPE OF GLA1M, DAMAGE ANDINJURY AGAINST ACS RESUL T 1 1 ~ I G FROJ'v1 OHARISING ()UT OF THE DESIGN,CONSTRUCTION OR MAINTEN.t\.NCE OF AB'SEPIC OR l\B'S OWNEHSHIP THEHEOFINCLUDiNG CILAJMS BASED ON THENEGLIGENCE OF ACS, ACS AFFILIATES ANDACS OFFICEHS, MEMBERS A I I ~ J D E l \ ~ P L C } Y E E S . T I 1 E ~ assul'"nption of risk, releaseand indemnirty contained in this Section 7 arematerial factors in d e t e r m i n i n ~ ~ the Contract Pricla.If these l e ~ g a l protections for ACS Wieresubstannany reduced, thB Contract Priceinevitably would be substantiailly increased.Section 8. . Q Q ~ . i l l ~ : N T I A L INFORMAT 1 Q . ~ L (a) C o n f i d ~ . ! 1 t i a l lnformation. k3 used in 1hisSection 8, the t ~ m l "'Confidentia,1 Infonnati4:>n"shall rnean: (i) all information of ACS to bec o n s i d ( ~ r E K J confIdential, and r n a r k E ~ d or d i s c l o s E ~ d (in wmjng or verbally) as "c:onfidEmtia!'" plior todisclosure to AB or within a reasonable tirnethereaiter; and (ii) aU infonTlation or dataconcerning or r e ~ t e d to the EPIC A i l f r a ~ l e KIT,the EPIC or ACS' business operations (inctudingsales cost's, profits, priCing methods,docum'lentation, procedures, organizations,employ"e! lists, and processes).(b) Ex;eluSlo!J..:.. Notwithstandrng Clny provision itothe contrary, the provisions of this Section B shallnot appty to any information that 0) is rightfullyknown to AB prior to disdosure; Oi) is rightfullyobtarned by AS form a third party without anyobligation of c o n f u : l i ~ n t i a H y : (iii) is ITlade availableby ACS to the public without restJictions; (N) isi n d e p e n d e n ~ ~ r developed by AS without referenceto any Confidentia,1 Infomlation of ACS;; or (v) isdisclosed by AS wiith the prior written approval ofACS.(c) Noqdisdc2sure. Without ACS' express \mttenconsent, AB shall not disdose to any person orentity (other than J\.8's agents or Bliapk)yees who

CustomerIn+1/

have a need to know and are under similarconfidentiality obligations), or utllirze in any waythat is harmful to ACS's business, anyConfidential Infonnation, whether 'written, oral, orvisual which AS may obtain from ACS, orotherwise discover in the perfonnance of thisGOITIpJetion A g r e e m E ~ n t . Wrthout limiting thegeneralfty above, AB shaH ma;intain all suchConfidential Information in confidence using noless than a reasonable degree of care. AS shalltake reasonable s t E ~ P S to ensure that nounauthorized person or entity has access toConfidential Information, and that aft authorizedpersons having access to ConfidentialInformation refrain from any unauthorizeddisclosure.Section 94 GOYERNMENTAL COMPLIANCEACS shaH furnish to AS any informationpossessed by ACS and required to comply with1the requirements of any governrnental agencyiincJuding, without limitation, obtaining anExperimental Certificate from the FM .Section 10 . REPRESENTATIONS AND'NARRANTIES(a) ACS MAKES NC) REPRESENTATION OR'WARRANTY AS TO THE COMPLETIONCONSTRUCTION PROCESS OR WITHRESPECT TO AB'S EPIC. ACS DISCLAIMS.AND EXCLUDES ALL WARRANT1ES ORAGREEMENTS, EXPRESS, IMPLIED!STATUTORY OR 'OTHERWISE! WHETHERCONTAINED IN AI\lY PROVISION OF THISCOMPLETION AGREEMENT OR ARISINGFROM COMMUNICATION OF ANY KIND WITHAB, AND ACS SPECilFICALLY DISCLAIMS ANYIMPLIED WARRPNrY OR CONDITION OFMERCHANTABILITY OR FITNESS FOR APARTICULAR PUHPOSE, .I\CTUAL ORIMPUTED, OR ANY IMPLIED WARRANTYARISING FROM COURSE OF PERFORMANCEOR DEALING OR USAGE OF TRADE. NOEMPLOYEE OR AGENT CtF ACS ISAUTHORIZED TO MAKE ANYREPRESENTATIONS OR WARRJWTtES TO ASON BEHALF OF ACS OR ACS PIFFJLlATES. TOTHE EXTENT LEGALLY PRACTICABLE, ACSSHALL USE REASONABLE COMMERCIALEFFORTS TO CAUSE REPRESENTATIONSAND WARRANTIES OF MANUFACTURERSAND SUPPLIERS OF f T E ~ ~ S ON THECOMPLETlON LIST TO BE TRANSFERRED TOAB OR THEIR BENEFITS BE MADEAVAILABLE TO AB.(b) AS acknowfedges that all performance datapresented in EPiC brochures or communicated toAS via any means are estimates. The actualperformance of AB's EPIC will vary due to anynumber of factors induding, but not limited to,AB's ~ c t i o n of options, AS's irrlplementation of

Confidential: ACS LLCPage: 4 of 8 AIR InitialsCopyright. l 2006 AIR LLC. All rights reserved.Reviseid 04104108

Case 3:09-cv-00628-AC Document 13-5 Filed 07/10/2009 Page 5 of 9


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captions and headings used in this CompletionAgreement are fo r convenience in r e f e r e n G E ~ onlyare no t to be construed in any way as t E ~ r m s or beused to interpret t h E ~ provisions of this CompletionAgreemlent In,is Completion Aweennent miayo n l ~ V be nrloc:iniled by written arnendrnent signed byan authorized representative of each party.(i) C O l ! [ ~ ~ r n ~ r t s . This Completion A g r e e m E ~ n t may bEl s i g n E . ~ d in counterparts. A. faxtransmission ofa signature p;a'ge willi beconsidered an original Stgnature pagEL J\t therequest of al party, a palrty wiH confinn c:l fax-transmitted signature page by delivering anoriginal s ~ g n a l t u r e page to Jthe r e q U l e s t i n ~ ~ party.IN Wrn'JESS v\ll-iEREOF, the PClrties h e ~ r e t ( ) h a v E ~

(j ) Reacquisition of EPIC Airfranne Ki t ACS isHxtremeJy concerned that aU EPIC aircraft arebuilt to the highest standards ancl does not wishany EPIC to be completed by builders who arenot ACS Affiliates. Thus, AS acknowledges that,if for any reason this contract is notGonsummated with the delivery of a completedEPIC to AS, ACS reserves the sole right to re-acquire the EPIC Airframe Ki t and all equipment


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r ' e:.;r-:- ~ u , ~ Exhibit: A tjD C ( ) m p t E ~ t i o n Assistance Agreernent

CONTRJ,Cr PRICE ANO PAYMENT SCHEDULE

P u r c h ~ ~ ~ l ~ ; c ~ , ; ,

A.CS (:onstruction C:ompLetion Process fo r Base Model S 65iO,000.00P a y ! ! ! e l t : ! ! ~ f : t ~ j u l e :

A.. 6th Invoice of $"130,,000 upon A ~ C S ' commencenlent and two months afterairframe production begins.

B.. Jth Invoice of S130" ()()() three fnonths after ai rframe production begins.c. 8th Invoice of S ~ 1 3 0 , , 0 < ) ( ) four rnonths after airframe production begins.Df. 9th Involce of S"130 J,(X)0 fiv42 nllonths after airframe production beginsE.. '10th Invoice of S130,OOO six nl0nths after airframe production begins.Invoices will. see addi tional a.mounts as options are slelected. "The attachedcash flow m o d E ~ l indicates how options will be i n c l u d ~ d in t h ~ monthlyinvoices.*-nllS nrlonthly lXkyment s c h E ~ u t e does not indicate aircraft delivery date.Payrnents fo r additiional airframe andl avionics options as required by ACS may be invoiced at any timeupon selection and approval. AU payments are to be pajd prior to first flight or receipt of amateuraiinN'orthiness. Payrnents ar e due promptly upon receipt of each Invoice Date p E ~ r section 12, subsection(f) and (g) of this agreetTlent.Fiinal payment of any renlaining a,nounts due ul)


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(='C ~ j ~ 7 / ; ~ / IJ'-" .. ' 9 ~ _ , . . : : . . , . . Exhil)it B tCj. ~ u r l c r a f t .:ompletion ~ ~ g r E ~ m e n t

Cornpl,etion ListAdditional Equ:ipment and Parts

Pratt: Whiitney PT6-67A (new)1Standard Avionics to include:

FuiUl IFR Capable 6 pack::Ajrspeed Indicator '-urn and Bank IndicatorA1timeter J,rtificial HorizonV'ertical Speed Indicator C ~ i r e c t i o n Gyro

Co.nnpassE l e ~ c t r o n i c International M V P ~ j O Engine Computer1 (;arnnin GNS-430 jGPS, 1 C[)\iPS Engineering PMt,-6000 ,Aurelio PanelGarmin GTX-327 T r a n s p o n d E ~ r TrliTrak DigiFlight UVSG t ~ u t ( ) p i l o t

Hartzell ~ ~ b l a d e Full F e a t h ~ ? r Propel.lerStandard 6-Pl.ace InteriorS j n g t E ~ s t a g e White Paint Scherne \Alith Siingle StripeStandard IDe-lc4= Boots and tiot PropControl Systems for AU Contrail SurfacesTrailing Link Landing gear;:, "Nheels, IBrakes and ActuatorsE n g i n ~ ~ Mount "nth Integral Nose lGearWindshielld and Side WindowsAll M a c h i n E ~ Parts R.equired to


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. I U D I ~ R TO C C ) M P ] ~ / E T J [ . ) ' N i ~ S S I S T ANCE j ~ G ] l l i E M E 1 ' [ T

T'llis l ~ i d e r is hereby attacb,ed to the C:ornpletion Assistance AgreeJDlent datedApril j ' d ~ 1 2008 (tJle "Agreement"}, betvieen i\ircraft Completion Services:, LL C ("ACS")and Blue: Skyr A'vgroup, LLC ("Purchaser") ancl made a part thereof and ll1corporatedtherein.

1. Tble following is hereb:y added at the end of the first paragraph of Section 11:"In the event that and EA Affiliate to ~ f l ) j _ c h .EPl has assigned its rights in this Agreementshall def:ault 'under this A g r e e ~ m , e n t alld SlLCh default shall not be cured, Ej\ shallnevertheless be liable for such EA. Affiliate's obligations und-er this AgreeJment."

2. TIle following is h.ereb:V added at the end of the seconci paragraph of Section11: "Such consent shall not be u n r e a s ~ n a b l y v.;ithheld or delayed." $)Utk'Mhc.e$ 3. I ~ i \ agrees to send a l l l ~ ~ ~ s UIJlder this A g r e e m t ~ n t to Purchaser by CertifiedMail.

4-. III. the event that either p a ~ { shall irlstitute arbitration or litigation against theother, any penalties assessed ~ l n d e r this A ~ g r e e n l e n t , including, without linJitatioll, thoseassessed under subsections 00 an d (g) of Section 12, will be tolled until true termination ofthe arbitration or litigation.

5. Section 12(g) shall apply 0111:y to failure to make paYInents be)fOnd ninety (90)days.

AIRCRJ\Fl' ( ~ O l V I P L E T I O N BJL. UE SK Y A ' /GltOUP, L]LCS E R V I C ~ E S ~ ~ I.JL(:

f'/ 4 /y: B:v: # 4 " v ~ = L 1 ~ ~ v'itle: /"

Case 3:09-cv-00628-AC Document 13-5 Filed 07/10/2009 Page 9 of 9

Documents

Epic Exhibit I