PASSUR Aerospace, Inc. - FORM 10-Q - EX-10.1 - COMMITMENT OF G.S. BECKWITH GILBERT, DATED JUNE 12, 2018 - June 13, 2018

Attached files

file filename
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) OR 15D-14(A) - PASSUR Aerospace, Inc.exh31_2.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - PASSUR Aerospace, Inc.exh32_1.htm
10-Q - 10Q - PASSUR Aerospace, Inc.passur.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - PASSUR Aerospace, Inc.exh32_2.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) OR 15D-14(A) - PASSUR Aerospace, Inc.exh31_1.htm
Exhibit 10.1

Field Point Capital Management Company
One Landmark Square, Suite 1900
Stamford, CT 06901


June 13, 2018

PASSUR Aerospace, Inc.
One Landmark Square, Suite 1900
Stamford, CT 06901

As Chairman of the Board as well as the principal shareholder of PASSUR Aerospace, Inc. ("PASSUR Aerospace" or the "Company"), I make the following commitment to the Company with respect to the period from the date of this commitment through June 13, 2019.

Liquidity

I commit that if the Company at any time is unable to meet its obligations through June 13, 2019, that I will provide the necessary continuing financial support to the Company to ensure the Company's ability to operate as a going concern through the period ending June 13, 2019. Such continuing support may take the form of additional loans or advances to PASSUR Aerospace in addition to the deferral of principal and/or interest payments due on outstanding loans to PASSUR Aerospace as referred to above.

These commitments are not conditional and are irrevocable through the period ending June 13, 2019.

I, G.S. Beckwith Gilbert, having the financial wherewithal to enter into this irrevocable commitment, make the above commitments to the Company and its shareholders.




/s/G.S. Beckwith Gilbert
G.S. Beckwith Gilbert
President

PASSUR Aerospace, Inc. Reports