RECORDS AND REPORTING REQUIREMENTS

3.1 Submission and Update of Records A. Prior to the commencement of an Airline's operations at any Regional Airport, the Airline shall submit to the Authority the following information, which it represents is true and accurate and which it shall update in the event of any material changes thereto: 1. a copy of the FAA air carrier certification and DOT certificate under which the Airline is operating at such Regional Airport; and 2. separate copies of the Airline's current scheduled plan of operations at such Regional Airport, to be updated on a quarterly basis, which shall include for each day and for each flight: the aircraft type, the time of arrival and departure, and the destination after departure from such Regional Airport (if a departure), or the scheduled points of origin (if an arrival). B. During such period as an Airline is operating at any Regional Airport, Airline shall submit to the Authority, and keep current, documentation concerning the Airline's compliance with all applicable Federal, State, Commonwealth, and local environmental laws statutes, ordinances, rules and regulations and any environmental Airport Rules and Regulations. A current list of the required documentation is contained in Exhibit D. C. Upon demand from the Authority and within ten (10) business days, an Airline shall submit any documentation which the Authority may from time to time reasonably request concerning the Airline's compliance with all applicable federal, state, Commonwealth, and local environmental laws, statutes, ordinances, rules and regulations, including but not limited to laws regarding the use, storage, transportation and disposal of oil, toxic or hazardous substances. 3.2 Monthly Operations Reports Unless Airline makes cash payments to the Authority concurrent with its operations at each Regional Airport, the Airline shall submit to the Authority, on or before the twenty-fifth (25th) day of each month, information regarding its operations at such Regional Airport(s) for the preceding month. Such report shall be in a form acceptable to the Authority and contain data the Authority deems necessary. The Authority's current reporting requirements are set forth on the attached Exhibits B-1, B-2, B3 and B-4. In the event that the Authority requires additional information, upon demand from the Authority and within ten (10) business days, the Airline shall submit to the Authority such additional information on the Airline's activities at such Regional Airport(s). 3.3 Books and Records An Airline shall maintain books and records sufficient to describe and document its operations at each Regional Airport and its compliance with the Terms and Conditions, and to support all informational filings required under the Terms and Conditions. Such records shall include, without limitation, monthly operations reports, passenger, cargo and operations statistics and {A0081207.2} copies of applicable environmental licenses, permits, approvals or manifests relating to the use, storage, generation, transportation or disposal of oil, toxic or hazardous substances or solid wastes at each Regional Airport. All such books and records shall be kept for a period of at least five (5) years. The Authority, its employees or its agents shall have the right, upon five (5) days advance notice to Airline, to examine and audit such books and records.