EFTA00590125.txt

"Path Air. LLC (Seller, in consideration of the sum of Eighteen Million Five Hundred Thousand United States Dollars (51g.5Ø000.001Ø by SFS, LLC (herein"

"Path Air, LLC ("Seller") is pleased to submit to SFS, LLC ("Buyer") this proposal regarding the sale of a certain Gulfstream 550 s/n 5017, N62MS"

"Seller acknowledges that Buyer sent by wire transfer to Insured Aircraft Title Service... a refundable good faith deposit in the amount of Five Hundre"

"e a fully valid agreement that is binding on both Seller and Buyer and enforceable against each of them in accordance with its terms"

"Failure by Seller... to deliver at Closing the Aircraft"

"the Deposit shall be distributed by Escrow Agent to Seller"

"Buyer shall immediately instruct Escrow Agent to wire the Purchase Price, plus any amounts due to Seller for unpaid Inspection Costs, to Seller"

"Daugherty, Fowler, Peregrin, Naught & Jenson... (•Seller's FAA Counsel')"

"FAA Counsel shall confirm that the records of the FAA and the International Registry then reflect that Seller is the record owner of the Airframe and "

"Seller hereby represents and warrants to Buyer that on the date hereof and as of the Closing Date as follows: (i) Seller has title to the Aircraft"

"Path Air. LLC (Seller... hereby grants, sells, transfers and delivers to Buyer the airframe... the 'Aircrairi"

"Path Air. LLC (Seller... hereby grants, sells, transfers and delivers to Buyer the airframe... the 'Aircrairi"

"Seller agrees to be responsible for and to pay the fees and expenses of Avpro Inc.in connection with the transactions contemplated by this Proposal"

"GE Commercial Finance Global Asset Management Brian Huber Manager Aircraft Remarketing"

"Dear Mr. Hanson: Path Air, LLC ("Seller") is pleased to submit to SFS, LLC ("Buyer") this proposal"

"Seller shall have the right at any time in its sole discretion to terminate this Proposal to the extent the Buyer does not meet Seller's KYC Verificat"

"Mr. Stephen Hanson SFS, LLC"

"Seller: Path Air, LLC 83 Wooster Heights, Lee Farm Danbury, Connecticut 06810 Attn: Brian Huber"

"Buyer. SFS, LLC do Muchnick, Golieb & Golieb, P.C."

"this Proposal shall become a fully valid agreement that is binding on both Seller and Buyer and enforceable against each of them in accordance with it"

"of GE Capital US Holdings. Inc_ its attorney in fact"

"Seller hereby proposes to sell the Aircraft to Buyer for a purchase price equal to the sum of Eighteen Million Seven Hundred Thousand United States Do"

"Buyer shall have delivered to the Escrow Agent, in escrow, funds equal to the amount of the Purchase Price"

"Stephen P. Hanson Page 8 March 24, 2016"