SINGLE ENTITY CHARTER TERMS AND CONDITIONS

These Single Entity Charter Terms and Conditions (these "Terms and Conditions") are agreed to by and between Blade Urban Air Mobility, Inc., a Delaware corporation located at 31 Hudson Yards, 14th Floor, New York, New York 10001 ("Blade") and the individual(s) or entity(ies) executing the Charter Flight Agreement referencing these Terms and Conditions and/or the individual(s) or entity(ies) utilizing, purchasing and/or reserving Flights coordinated or arranged by Blade referencing and/or incorporating these Terms and Conditions ("Customer"). Blade and Customer may each be referred to herein individually as a "Party" and collectively, the "Parties". The Agreement (as defined below) is a binding legal agreement between Blade, on the one hand, and all individuals and/or entities who participate in the applicable Flight(s) (as defined below), on the other hand. If Customer is entering into the Agreement on behalf of a company, organization, or similar entity, Customer is agreeing to the Agreement for that entity and representing to Blade that Customer has the authority to bind such entity to the Agreement. If Customer is traveling with and/or paying for multiple travelers, Customer's acceptance of the Agreement will be on behalf of Customer and all members of the traveling party. Upon request, Blade will provide a copy of the Agreement to any member of the traveling party.

1. Incorporation by Reference. Blade's Terms of Service located at https://www.blade.com/terms_of_service (the "Terms of Service"), Blade's Privacy Policy located at http://www.blade.com/ppolicy (the "Privacy Policy") and Blade's General Air Transportation Terms and Conditions located at https://www.blade.com/General_Air_Transportation_Terms_and_Conditions (the "General Air Transportation Terms and Conditions" and collectively with the Terms of Service and Privacy Policy, the "General Terms") are hereby expressly incorporated by reference as if fully set forth herein (with such interpretive modifications as reasonably necessary to give effect to such incorporation). In the event of a conflict between the General Terms and these Terms and Conditions, these Terms and Conditions shall control. Blade reserves the right to modify any or all of the General Terms from time to time in its sole discretion.
2. General. Blade desires to act as an agent for Customer and arrange charter services between Customer and one or more certified air carriers (hereinafter referred to as "Carrier") under applicable regulations of the United States Federal Aviation Administration ("FAA") and Department of Transportation ("DOT"). Once Customer has confirmed a charter, Blade shall be authorized, as Customer's agent, to enter into a charter contract with Carrier. Flights will be operated in accordance with 14 C.F.R. Part 135 and Carrier will have operational control of the aircraft at all times. CLIENT ACKNOWLEDGES AND AGREES THAT BLADE IS ONLY ACTING AS AN AGENT OF CLIENT FOR THE ARRANGEMENT OF THE CHARTER FLIGHTS DESCRIBED HEREIN AS DESCRIBED IN 14 C.F.R. § 295.5(c).
3. Costs and Expenses. These Terms and Conditions covers the charter flight(s) set forth in the quote, confirmation page, website, mobile application, purchase order, agreement or other document referencing these Terms and Conditions (such documents, the "Flight Documents," and such air transportation, the "Flight(s)"). The applicable Flight Document(s), collectively with these Terms and Conditions, are referred to as the "Agreement". The Flight Documents may set forth, among other things, the flight details, pricing, restrictions, description of the aircraft, charter price, name of the direct air carrier, associated costs and expenses for each Flight and any other applicable information in accordance with 14 C.F.R. §295.24. Customer shall be responsible for additional charges incurred by Blade in the provision of the services described in this Agreement and Customer may be billed separately for the same or such costs and expenses may be added to the Flight Documents pricing (if known at the time the applicable Flight Document is provided); such additional costs and expenses may include, without limitation, Wi-Fi costs, catering costs, ground transportation costs, cleaning costs, repair costs, flight phone costs, de-icing costs, fuel surcharges, crew expenses, air space navigation fees, weather service fees, international fees and such other costs and expenses as are incidental to charter services. If the Carrier for which the pricing in the applicable Flight Document was provided cancels, Blade will use commercially reasonable efforts to notify Customer and contract with another Carrier to provide reasonably similar services using the same or similar aircraft. In such an event, Customer will be responsible for any increases in costs incurred by Blade and Blade will use commercially reasonable efforts to, but is not required to, provide an updated Flight Document reflecting such costs. Customer further agrees that it shall be responsible for all sales, use, VAT, stamp, FET, transfer, segment fees and other similar taxes, fees, duties and penalties that may be imposed by any federal, state, county, local, foreign or other governmental authority as a result of the flights and services provided in connection with this Agreement ("Taxes"). Customer shall defend, indemnify and hold Blade harmless against any such Taxes which are the obligation of Customer hereunder. The obligations of Customer under this Section shall survive the termination of this Agreement.
4. Payment. Full payment must be received in order to secure the Flight(s). Blade cannot guarantee the availability of the agreed upon aircraft until payment has been received. Blade may require Customer to provide a valid credit card in connection with the Flight, which Blade may use to pay for the Flight(s) or guarantee payment for the Flight(s) at Customer's direction. If Customer does not use such credit card to pay for the Flight(s) in full, Customer shall remit payment to Blade via wire transfer of immediately available funds to the bank accounts set forth in the wire instructions attached to this Agreement or as otherwise directed by Blade. Any amounts owed by Customer to Blade under this Agreement that are not paid by wire transfer of immediately available funds within the time periods specified by Blade will be charged to Customer's credit card. If Customer's credit card is used for any reason under this Agreement, all amounts due will be subject to an additional 3.5% fee. Alternate payment terms may be arranged and mutually agreed upon by Blade and Customer in writing.
5. Operation. Carrier and the captain of the aircraft are authorized to take all necessary measures to ensure safety. He/she/it shall have full authority and complete discretion as to whether there shall be any deviation from the specified route and where alternate and/or immediate landings shall be made. Such determinations shall be binding upon Customer and all passengers. Blade does not control operations of Carrier, which under 14 C.F.R. § 135.77 are the sole responsibility of Carrier, and Blade is not liable for the operation, action and undertakings of Carrier.
6. Cancellations. The cancellation policy included in any Flight Document will govern any cancellation of the Flight(s). If there is no such cancellation policy, the cancellation policies of the General Terms will govern any cancellation of the Flight(s). Notwithstanding anything to the contrary, including anything set forth in this Agreement, in the event of a cancellation by Customer, Customer will be responsible for the greater of any amounts owed by Customer under such cancellation policy or any amounts incurred by Blade as a result of such cancellation.
7. Regulations. This Agreement is subject to all governmental laws, rules and regulations governing the flights contemplated hereunder, including, without limitation any rules and regulations of the FAA, the Transportation Security Administration, DOT, and Internal Revenue Service which now or hereafter may be imposed or required.
8. Disclosures. BLADE ACTS AS A BONA FIDE AGENT OF CLIENT UNDER 14 C.F.R. § 295.5(c). AND SERVES ON CLIENT'S BEHALF TO ARRANGE CHARTER FLIGHTS. BLADE DOES NOT OWN OR OPERATE AIRCRAFT AND IS NOT A DIRECT AIR CARRIER. ALL CHARTER FLIGHTS ASSOCIATED WITH BLADE ARE OPERATED BY THIRD PARTY FAA CERTIFIED 14 C.F.R. PART 135 AIR CARRIERS. THE CARRIERS OPERATING THE FLIGHTS UNDER THIS AGREEMENT EXERCISE FULL OPERATIONAL CONTROL OF THE AIRCRAFT AT ALL TIMES. CARRIERS PROVIDING SERVICE UNDER THIS AGREEMENT MEET FAA REQUIREMENTS FOR COMMERCIAL TRANSPORTATION OF RETAIL CHARTER CLIENTS.