Thanks, I should have been more clear in my previous post.

Lower end meaning lower end of the average numbers for that size jet, the duties required, and average estimated hours which will be flown.

I am thinking that the 5 partners are going to be reduced to 3, and the estimate for hours of useage is now 500/yr.

I am thinking, assuming that the management duties will be split between both pilots; that 65K each for the first year. He will be paying almost 18K "extra" the first year to insure us (due to our low time). I plan to include 6 scheduled days off per month and 1 week vacation (7days) first year.

What are typical "sick days" in the corporate flying? I was thinking 1.25 per month and allowing to accrue for a total of 2 years (30days) payable upon termination or non-renewal

do most companies allow for the same with vacation time?