Corporate Flight Management Public Charter Operator-Participant Contract April 2026
First Merchants Bank Named Escrow and Surety Provider
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Description
Contour’s public charter agreement designates First Merchants Bank as both the escrow depository for passenger payments and the issuer of a surety trust securing those funds. The bank holds charter payments in escrow and provides security for refunds in accordance with federal charter regulations.
Contract Details
Vendor
FIRST MERCHANTS BANK
Agency
Tupelo Airport Authority, MS
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
Renewal Info
The duration and renewal terms of the escrow and surety trust arrangements are not specified in this document and likely governed by separate agreements between Contour and First Merchants Bank.
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