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Bearcat Security Aircraft Sales Contract

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Aircraft Sales Agreement

Date of Agreement: 01/08/2020
Contact Number: 810980
Discord: Branno#2651

Under section 15 of the Aviation Security Act 2018, this aircraft is registered to a business for the following purpose:

  • Commercial: If your organisation holds a valid Air Operator's Certificate, and the aircraft is to be purchased on behalf of a business.

 

I, Bearcat Security (hereinafter referred to as Buyer), hereby agree to the following terms and conditions for the purchase of Quokka Group's (hereinafter referred to as Seller) aircraft:

1. Aircraft Make/Model

Aircraft 1: Maverick (Bearcat Livery)
 

2. Purchase Price

The purchase price shall be $6,000,000 dollars.

3. Deposit

The Buyer will place a deposit of 25% of the total cost of aircraft sale, to be billed:

  • via automatic bank deduction 

The deposit is non-refundable and shall be credited against the final purchase price.

The Buyer must possess a valid flight crew licence and all the appropriate ratings to operate the aircraft at the time of reservation.

All sales are final. Refunds of any additional pre-payments will incur a separate 25% penalty.

4. Inspection

The offer is subject to the Buyer's satisfaction of a technical inspection of the aircraft at the Quokka Group hangar in the Los Santos International Airport, to determine the aircraft is in compliance with paragraph 6 below.

5. Acceptance

The Buyer shall accept or reject the aircraft within two (2) business days following the inspection. Upon acceptance, the Buyer must pay the remaining balance of the purchase price before the delivery of the aircraft.

6. Inspection Conditions

Aircraft shall be delivered as per the following conditions at the Seller's expense:
a. Delivered in accordance with the Aircraft Maintenance Checklist.
b. Aircraft is to have the "VH" Australian registry and the registration is recorded in the Quokka Spreadsheet. 

7. Delivery

Delivery of the aircraft will take place at the inspection site unless otherwise agreed upon in writing, subject to the balance of the purchase price paid to the Seller.

8. Indemnity-Force Majeure

The Buyer hereby agrees to release, indemnify and hold the Seller harmless from and against any and all liabilities, damages, business interruptions, delays, losses, claims, judgements of any kind whatsoever, including all costs, legal fees and expenses incidental thereto, which may be suffered by, or charged to the Seller by reason of any loss or damage to any property, or injury to or death of any person subsequent to and as a result of the sale, delivery, registration or ownership of the Aircraft by the Buyer.

9. Warranties

Except as provided otherwise in this agreement, upon the transfer of title the aircraft sold in this agreement is sold "as is". There are no warranties, either express or implied with respect to the aircraft, or any equipment applicable thereto.

9. Maintenance

The Buyer is responsible for arranging a monthly aircraft maintenance and inspection through an aircraft maintenance service.

10. Seizure

The Buyer acknowledges that upon the transfer of title, the Buyer is responsible for ensuring that the aircraft will not be used unlawfully, and that the Secretary of Justice may order an indefinite seizure of the aircraft if found to be operated in breach of state laws.

11. Repainting

Aircraft may be painted at half price of the Quokka Services' maintenance cost at the time of reservation. Subsequent repainting will be charged at full price. The schedule of paint fees is as follows:

Custom Paint Fee charged at $2,500,000

12. AOC Requirements

If the Buyer is entering into this agreement as an agent of a business entity or an organisation, the Buyer must first obtain an AOC from the Department of Justice before signing this agreement.

It is against the law to purchase aircraft as an individual if the aircraft will be operated in the name of a business or an organisation.

13. Validity

In the absence of any other agreements, this agreement shall be considered a binding contract.

14. Certification

The Buyer certifies that the above information is correct. The Buyer understands that the Seller is relying on this information to sell aircraft to the Buyer. The Buyer agrees to the terms and conditions set forth therein.

Date: 01/08/2020
Pilot/Customer Printed Name: Tom Dickson

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Receipt of Purchase

Invoice # 200801-0102

Deposit 100% of:

  • Buckingham Maverick - Custom Livery

$6,000,000 - Bank Transfer

Processed by: Phil Goode

Your deposit has been received and the transfer of deeds has taken place as of tonight.

DoJ Registration Receipt

Your aircraft registration is now reserved with the DoJ:

  • Buckingham Maverick -  BEARCAT

What's next?

Your aircraft will need to be served once a month as per the agreement.

Your next scheduled servicing date is 01 Sep 20

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