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New 8K! Hmm?
$Eve Holding (EVEX.US)$ Item 1.01 Entry into a Material Definitive Agreement.
EVE UAM, LLC (“EVE UAM”), a wholly owned subsidiary of Eve Holding, Inc., entered into a Training Services Agreement, dated as of October 22, 2024 (“Effective Date”) (the “Training Services Agreement”), with Embraer CAE Training Services, LLC (“ECTS”), pursuant to which EVE UAM has appointed ECTS as its worldwide training services provider related to aircraft which are or will be designed and manufactured by EVE UAM (“Aircraft”), during the term of the Training Services Agreement. Under the Training Services Agreement, ECTS has agreed to provide certain training services related to the piloting, maintenance and ground handling of the Aircraft to EVE UAM or its customers, and EVE UAM has agreed to purchase certain entitlement training in accordance with the training selected by its customer from ECTS, for the pricing set forth in the Training Services Agreement.
The term of the Training Services Agreement is the period starting on the Effective Date of the agreement and ending on the last date ECTS provides training services for the Aircraft. Either EVE UAM or ECTS may terminate the Training Services Agreement in the event of an uncured default of the agreement.
EVE UAM, LLC (“EVE UAM”), a wholly owned subsidiary of Eve Holding, Inc., entered into a Training Services Agreement, dated as of October 22, 2024 (“Effective Date”) (the “Training Services Agreement”), with Embraer CAE Training Services, LLC (“ECTS”), pursuant to which EVE UAM has appointed ECTS as its worldwide training services provider related to aircraft which are or will be designed and manufactured by EVE UAM (“Aircraft”), during the term of the Training Services Agreement. Under the Training Services Agreement, ECTS has agreed to provide certain training services related to the piloting, maintenance and ground handling of the Aircraft to EVE UAM or its customers, and EVE UAM has agreed to purchase certain entitlement training in accordance with the training selected by its customer from ECTS, for the pricing set forth in the Training Services Agreement.
The term of the Training Services Agreement is the period starting on the Effective Date of the agreement and ending on the last date ECTS provides training services for the Aircraft. Either EVE UAM or ECTS may terminate the Training Services Agreement in the event of an uncured default of the agreement.
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