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TRADE DAYS INTERNATIONAL, INC. SIX- (6-) DAY AVIATION OPTION CONTRACT This Agreement made and entered into this ____ day of ___________, 19___, by and between __________________________________________________________________________, hereinafter called "Party of the First Part (Seller)" (whether one or more), and __________________________________________________________________________, hereinafter called "Party of the Second Part (Buyer)", (whether one or more). WITNESSETH: That the said Party of the First Part for consideration of the sum of One Dollar ($1.00) paid by the Party of the Second Part, the receipt of which is hereby acknowledged, does by these presents sell and convey unto the said Party of the second Party, his heirs and assigns, the sole and exclusive option and right of purchase of the following-described property, to-wit: ______________________________________________________________________ _______________________________________________________________________, for the sum of ____________________________________________________ Dollars ($_________________________). If Party of the Second Party elects to exercise this Option for purchase of the property described, he shall enter into a Closing Deposit Receipt Agreement (in the form of Exhibit A attached hereto) with Party of the First Part within Six (6) Days from the date hereof unless extended as described below. A Nine- (9-) day Extension to this Six-Day Aviation Option Contract may be made with an additional payment of the same amount originally paid for this Option Six days from the date of this Contract, giving and granting unto the said Party of the Second Part such exclusive option and right of purchase for the term of Fifteen (15) days from the date hereof. Upon such purchase and payment so made, as aforesaid, the Party of the First Part hereby covenants and agrees to convey the above-described property to the said Party of the Second Part or to any person or person that the Party of the Second Part may name. The money paid for this Option, _________________________________________ Dollars ($____________________________) will be handled by TRADE DAYS INTERNATIONAL, INC. The first One Thousand Dollars ($1,000.00) of the Option Money received herein (not to exceed 1% of the purchase price of the property) shall be retained solely by TRADE DAYS INTERNATIONAL, INC. for services rendered in this transaction, and the remaining Option Money shall be split fifty-fifty (50/50) between TRADE DAYS INTERNATIONAL, INC. and Party of the First Part (Seller). If Party of the Second Part (Buyer) decides not to purchase the above-described property within the Option Period, said Party of the Second Party (Buyer) shall forfeit such Option Money and shall be released from all obligations to purchase the above-described property. IN WITNESS WHEREOF, we the undersigned parties have hereunto executed this Six Day Aviation Option Contract this _______ day of ___________________, 19_____.
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Trade Days International, Inc.
P.O. Box 701226
Tulsa, OK 74136
Fax: 918-582-6203
Email: hal@cottagesoft.com
Copyright © 2000, Trade Days International, Inc., Tulsa, OK USA