See this book at Aircraft Spruce & Specialty. I have it and it is very 
informative.

http://www.aircraftspruce.com/nsearch.php?s=partnership

        CONTENTS PAGE
Suggestions for use of the Co-Owned aircraft agreement
The Sample Agreement: an Explanation
Appendix
Summary
Sample Aircraft Co-Ownership Agreement
    Contents
    Shareholders' Agreement
            SECTIONS
    Name & Purpose
    Term of the Group
    Shareholders' Contributions
    Officers and their Duties
    Meetings
    Management, Decision Making and Representation
    Capital Accounts
    Books and Record
    Custody of Documents
    Restriction on Corporate Assets
    Additional Shareholders
    Withdrawal
    Right of First Refusal
    Death of a Shareholder
    Insurance
    Continuation
    Liquidation
    Use of the Aircraft
    Flight Limitations
    Responsibility
    Dispute Resolution
    Notices
    Binding Effect
Appendix
Aircraft Flight Record
Aircraft Maintenance Record
Tips on Team Building for the Co-Owner
Exiting the Partnership
Conclusion

Good Luck
Art Bruce

Reply via email to