EFTA00796334.txt

"Seller agrees to sell, and Purchaser agrees to purchase, the Aircraft for a total purchase price of Three Million One Hundred Thousand U.S. Dollars (U"

"Purchaser shall place a deposit of Two Hundred Fifty Thousand U.S. Dollars (US $250,000) (the "Deposit") in escrow with Insured Aircraft Title Service"

"Purchaser shall wire transfer the Purchase Price Balance into the Special Escrow Account of Escrow Agent"

"transfer of title to the Aircraft from Seller to Purchaser"

"deregister the Aircraft for export to Bermuda at closing"

"each of Seller, Purchaser and Escrow Agent shall notify each of the others in writing... of the name... of each representative... which is to particip"

"immediately wire the Purchase Price to Seller"

"Seller hereby represents and warrants to (or where so stated, Seller agrees in favor of) Purchaser that Seller has good and marketable title to the Ai"

"The fee of Escrow Agent... shall be paid by each of Purchaser and Seller in equal portions."

"The fee of Escrow Agent... shall be paid by each of Purchaser and Seller in equal portions."

"Seller desires to sell, transfer, and deliver to Purchaser... one used 1988 Gulfstream G-IV aircraft... registered... as N1201E"

"receipt of the wire transfer of the Deposit to the general escrow account of Escrow Agent maintained at Bank of America"

"Escrow Agent, as the Professional User Entity for each of Seller and Purchaser"

"Escrow Agent, as the Professional User Entity for each of Seller and Purchaser"