📄 Extracted Text (407 words)
AIRCRAFT BROKERAGE AGREEMENT
This Aircraft Brokerage Agreement is entered into between JEGE, LLC (hereinafter "Seller") and
AVILOOP LLC (hereinafter "Broker"), effective as of the l ye day of August, 2018.
WHEREAS Seller desires to employ the services of Broker to market and sell that certain
Gulsfstream Aerospace G-IV aircraft, manufacturer's serial number 1085, U.S. registration number
NI 20JE (the "Aircraft"), and Broker agrees to perform such services, upon and subject to the terms and
conditions hereinafter set forth;
NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants herein
contained, the parties hereto, intending to be legally bound, hereby agree as follows:
Seller hereby engages Broker, and Broker accepts such engagement and agrees, to provide services
to market and sell the Aircraft, upon and subject to the terms and conditions hereinafter set forth:
1. The term of the engagement shall commence effective August 1, 2018 and expire on December
31, 2018, unless sooner terminated by Seller (the "Term").
2. Broker will be responsible to pay the costs of any advertising or marketing it secures for the
Aircraft, including, but not limited to, print and on-line advertising.
3. Broker will offer aircraft for at Three Million One Hundred Thousand U.S. Dollars (US
$3,100,000.00), or at such other price as from time to time Seller shall direct Broker in writing.
4. Broker shall provide complete assistance to Seller with regard to escrow, contracts and closing.
5. Broker shall present all written offers to Seller, and acceptance shall be totally at Seller's sole,
absolute and unfettered discretion.
6. Broker's fee for its services shall be One Hundred Thousand U.S. Dollars (US $100,000.00),
and shall be earned only upon closing of a sale to a buyer procured through broker pursuant to
this Agreement, provided that such sale closes during the term of this Agreement or within 60
days after the expiration or termination of the Term.
7. Any buyer or entity owned by such buyer whose identity is registered in writing with Seller by
Broker during the term of this Agreement shall entitle broker to commission as provided in
paragraph 6 above only if a purchase by such buyer or entity controlled by such buyer is closed
within 60 days of the expiration or termination of this Agreement.
IN WITNESS WHEREOF, Seller and Broker have executed this Agreement effective as of the date
first above written.
JEGE, LLC AVILOOP LLC
By: By:
Darren Indyke
Authorized Representative Managing Member
EFTA00797507
ℹ️ Document Details
SHA-256
a617aba4315f0a40c80e4da471b817334bdf441148ba191ffe26edd656aac78a
Bates Number
EFTA00797507
Dataset
DataSet-9
Document Type
document
Pages
1
Comments 0