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INDIANAPOLIS AVIATION
RENTAL AGREEMENT

I, , ("Lessee") hereby certify that I have received a "Pilot Checkout" in the aircraft to be rented hereunder and that said checkout included a review of the following:
a. Stall recognition and recovery techniques g. Aircraft operating speeds
b. Emergency landings h. Power plant settings techniques
c. Cockpit orientation i. Crosswind takeoffs/landing techniques
d. Three (3) take-offs and landings j. Special aircraft characteristics
e. Go-around procedures k. Owner's manual
f. Slow flight l. Local flight operations
I. ADHERENCE TO RULES AND REGULATIONS. Lessee understands and agrees that any aircraft rented to him/her will be operated or flown only by him/her. Lessee understands and agrees that he/she will possess, operate, and fly any aircraft rented to him/her by Indianapolis Aviation, Inc. in accordance with all Federal Aviation Regulations as prescribed by the Federal Aviation Administration, U.S. Department of Transportation, and all local, state, and federal ordinances and statutes applicable to the operation, possession, or flying of aircraft, and he/she will not use said aircraft for any unlawful or illegal purpose. Lessee further understands and agrees to abide by all rules and regulations of Indianapolis Aviation, Inc. as may be promulgated from time to time.
II. DAMAGE TO AIRCRAFT. Lessee further understands and agrees that if an aircraft rented to him/her by Indianapolis Aviation, Inc. is damaged while in his/her possession or under his/her control or in the possession or under the control of his/her agent or other person who may be possessing, operating, or flying said aircraft with his/her express or implied permission, Lessee will be required to pay and indemnify Indianapolis Aviation, Inc. for said damage, in an amount of not less than the deductible of any policy of hull and/or liability insurance naming Indianapolis Aviation, Inc. as insured. Where it is determined, however, by appropriate Federal or State authorities that any Federal Aviation Regulation, Federal Statute, or State Law is violated, or if the aircraft is detained, impounded, or confiscated, Lessee understands and agrees that he/she will be liable for all "down time", damages to the aircraft, all damages to property and/or any person or persons injured as a result of the operation of said aircraft by Lessee and his/her express or implied permittee. Lessee further agrees that in the event of any impoundment of the aircraft, lessee shall be held responsible for the replacement of said aircraft so impounded.
III. INSURANCE COVERAGE. Lessee understands and agrees that the insurance coverage of Indianapolis Aviation, Inc. changes from time to time and that it is his/her responsibility to familiarize, comply and understand the limitations and conditions of current policy coverage, and that such insurance may not include coverage applicable to any pilot or occupant of the aircraft, or for any person injured by the operation thereof.
IV. REIMBURSEMENT OF COSTS. Indianapolis Aviation, Inc. shall not be responsible for any regular maintenance costs or fees (except for oil and/or fuel) incurred by Lessee unless Lessee shall have obtained the prior approval of Indianapolis Aviation, Inc.
V. STANDARD OF OPERATION. Lessee agrees, on behalf of himself/herself and any permittee, to exercise such care and judgment in the operation and/or use of any aircraft rented from Indianapolis Aviation, Inc. as is customary and reasonable for operations of aircraft generally and as established by the common law, statute and/or regulation
VI. RESPONSIBILITY FOR CHARGES. Lessee acknowledges and agrees to be personally responsible for all fees and charges associated with the rental of aircraft from Indianapolis Aviation, Inc. Lessee's responsibility for such charges shall not be altered by the fact that he/she is leasing the aircraft for a third party and/or corporate client.
VII. ENTIRE AGREEMENT. This agreement, as well as the Aircraft Rental Rules, contain the entire understanding between Indianapolis Aviation, Inc. and Lessee. No change to the terms hereof may be made except in writing signed by both Lessee and Indianapolis Aviation, Inc.
VIII. NON-WAIVER. The failure of Indianapolis Aviation, Inc. to enforce any clause contained herein shall not operate as a waiver of the right of Indianapolis Aviation, Inc. to enforce any other provision of this agreement.
IX. ASSIGNABILITY. No assignment of the rights and obligations contained herein may be made by Lessee except upon the express written consent of Indianapolis Aviation, Inc.
X. GOVERNING LAW AND FORUM. This agreement shall be governed by and construed in accordance with the laws of the state of Indiana. No action may be brought regarding the interpretation and enforceability of this agreement except in the courts of Hamilton County, Indiana or the United States District Court for the Southern District of Indiana.
XI. ACKNOWLEDGEMENT. Lessee acknowledges that he/she has read and understands the Aircraft Rental Rules incorporated with and made a part of this Agreement, and he/she does hereby agree to abide by said rules. Lessee further understands and agrees that these rules may from time to time be altered, changed, or amended by Indianapolis Aviation, Inc. and he/she does hereby agree to abide by any such alterations, changes, or amendments.
 
Aircraft Rental Rules
1. All Lessees may be supplied with an Aircraft Rental Card. This card will provide information as to the Lessee's name, certificate number and aircraft checked.
2. All Lessees must show pilot certificate and current medical certificate at the time that they fill out the Rental Agreement. This information must also be available upon request at any time the Lessee plans to rent an aircraft.
3. All Lessees must have proof of three take-offs and landings within the last ninety days in the type of aircraft they will be renting. It is the responsibility of Lessees to police themselves and all FARs regarding currency had, if applicable, night and instrument recency and currency.
4. Lessees may only rent those aircraft in which they have received a check-out as evidenced by the Rental Agreement, Aircraft Rental Card and/or computer.
5. The minimum daily rental is 2 1/2 hours per day over a 24-hour period.
6. The President and/or General Manager of Indianapolis Aviation, Inc. reserves the right to approve and rental for more than 24 hours. Lessee may be required to complete a "Long Term Rental Form" prior to the rental and advise Indianapolis Aviation, Inc. of the aircraft destination.
7. Use of the aircraft outside of the continental United States must be approved by the President or General Manager of Indianapolis Aviation, Inc. The purchase of additional insurance may be required.
8. No rental of aircraft may be made to Lessees who plan to return after office hours unless the leave a pre-imprinted charge card for aircraft rental charges.
9. On rentals scheduled for two hours or less, the aircraft will only be held for fifteen minutes. On all day or long-term rentals, the aircraft will be held for a maximum of one hour. If your rental plans change, Indianapolis, Aviation, Inc. must be informed.
10. If Lessee schedules an aircraft for more than two hours and does not take delivery of the same Lessee will be held liable for the minimum daily rental charge unless Indianapolis Aviation, Inc. receives a notice of cancellation more than 24 hours prior to scheduled departure.
11. Flight instruction given or received by anyone other than Indianapolis Aviation, Inc. employees is PROHIBITED!
12. No lessee shall make grass strip landings in any Indianapolis Aviation, Inc. rental aircraft.
13. All Lessees must fly from the left seat only.
14. Non-instrument rated pilots are restricted to night time cross-country operations not to exceed 150NM from base.
15. Lessee agrees to secure all aircraft properly including the proper tie down of all aircraft and the security of controls to prevent damage to the aircraft while grounded from wind or other causes.
16. Lessee shall be responsible for all damages and/or mechanical failures derived from cold weather operation (i.e. less than 5 F surface temperature or other extreme weather conditions). Lessee shall be responsible to ensure that weather conditions are suitable for operation of the aircraft
17. If the aircraft breaks down or is abandoned away from home base the lessee shall be responsible for charges such as but not limited to parking fees, tie down, hanger, pilot expenses, flight time (for both aircraft) at the dual rate to return lessee and or aircraft to home base.
18. Indianapolis Aviation, Inc is not responsible for any costs or fees incurred by lessee for lodging, transportation, or meals if aircraft breaks down away from home base, nor will Indianapolis Aviation, Inc be responsible for any costs associated with picking up and returning lessee to home base.
19. Lessee agrees not to transport any animal(s) in the aircraft
I have reviewed the rental agreement and aircraft rental rules of Indianapolis Aviation, Inc. and agree to abide by the same.
So agreed this day of ,.

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