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Draft for attorney review

AIR MAX Reservation Agreement

Planned purchase price: $69,990
Reservation deposit: $8,000, non-refundable
Remaining balance: $61,990, due when the unit is complete and ready to ship.

This draft is a business starting point and should be reviewed by U.S. aviation counsel and the company’s payment processor before accepting customer funds.

1. Reservation

The customer requests a position in the seller’s AIR MAX production and delivery queue. Acceptance of the reservation does not by itself constitute final aircraft acceptance, airworthiness approval, or authorization to operate the aircraft in any jurisdiction.

2. Deposit

The customer agrees to pay an $8,000 reservation deposit. The deposit is non-refundable once accepted by the seller, except to the extent a different remedy is required by applicable law or expressly provided in a later written agreement signed by the seller.

3. Purchase Price and Final Payment

The planned AIR MAX unit price is $69,990 before applicable taxes, shipping, duties, registration, training, options, insurance, or other charges. The remaining $61,990 is due when the customer’s unit is complete and ready to ship. Shipment will not be released until cleared funds and all required final documents are received.

4. Specifications and Configuration

Images, videos, performance figures, equipment descriptions, dimensions, safety-system descriptions, and technical specifications shown in marketing material are subject to verification and the final production configuration. The final sales agreement should identify the controlling specifications for the customer’s aircraft.

5. Regulatory Status and Operation

The customer acknowledges that lawful operation may depend on aircraft classification, configuration, pilot qualifications, location, airspace, federal requirements, and state or local rules. No website statement should be interpreted as a guarantee that a purchaser may legally operate the aircraft in every location or for every intended use.

6. Delivery

Any delivery estimate is an estimate rather than a guaranteed date unless the final purchase agreement expressly states otherwise. Production, supplier, transportation, customs, testing, regulatory, and force-majeure events may affect timing.

7. Taxes, Shipping, Duties, and Insurance

Unless expressly included in the final written sales agreement, taxes, freight, import/export charges, customs duties, licensing or registration costs, insurance, site preparation, and customer travel or training costs are the customer’s responsibility.

8. Customer Information

The customer authorizes the seller to use the submitted contact and delivery information to administer the reservation, communicate regarding the purchase, arrange final documentation, and coordinate payment and delivery.

9. Final Purchase Agreement

Before shipment, the parties should execute a final purchase agreement governing the actual aircraft configuration, warranty, inspections and acceptance, title and risk of loss, training, regulatory disclosures, cancellation rights, limitations of liability, dispute resolution, and other transaction terms.

10. Electronic Acceptance

Electronic acceptance, together with successful payment of the reservation deposit, may be retained as evidence of the customer’s reservation acknowledgment, subject to applicable electronic-signature law and the seller’s final checkout implementation.