Re: Morrison pay

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On Mon, May 28, 2012 at 10:40 AM, <███████████████████████> wrote:

Jeffrey,

I spoke to the FAA in regards to my requirement for continued operation of the Boeing without listing a Director of Maintenance. I do have to list a person or company that will liaison with the FAA for continued operation with our FAR125 certificate, there is a lot of risk when a person returns and aircraft to service using his licence and finding a person that is willing to do this for $10k or 20k a year with the knowledge that is required may be difficult. I do appreciate Morrison's knowledge only, I am aware he would do anything in his power to kill a deal with a potential buyer, knowing this, I will keep him away from Don Bass or any other sales lead that comes our way.

A Director of Maintenance does not have to be an employee of JEGE, however the requirements listed from the FAA do require that a person must hold an A&P licence and must have current knowledge and training in the Boeing 727. A person must have "returned to service" using his ASP licence at least 3 entry's in the past 6 months.

Morrison will accept $10,000 a year and continue to pay his Medical benefits. He is currently earning $36,000 salary and medical expense is $24,000 (Rich correct me if my numbers are wrong).

Morrison currently tracks the maintenance on the Gulfstream CMP (Computerized Maintenance Program) and Centurion Maintenance Tracking on the Boeing, which is a great help to the flight Department. I agree when the Boeing sells, we will terminate him.

10K salary annual and benefits agreeable to you and Rich for now? or lower?

thank you,
Larry