EFTA00587081.txt

"Seller has title to the Aircraft"

"consideration of the sum of Eighteen Million Five Hundred Thousand United States Dollars (S111,500,000.00) paid by SFS, LLC"

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

"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 shall pay the entire cost of FAA Counsel."

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

"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"

"the closing shall be conducted by the parties via conference call (the "Closing Conference Call")"

"Seller and Buyer have executed this Aircraft Limited Warranty Bill of Sale this day of 2016. SELLER: PATH AIR, LLC BUYER: SFS, LLC"

"Received from Path Air, LLC ("Seller") ... the above referenced Aircraft [N62MS]"

"SFS, LLC ("Buyer") ... authorized by Buyer to accept the above referenced Aircraft [N62MS]"

"grants, sells, transfers and delivers to Buyer the airframe... (the "Aircraft")"

"Seller agrees to be responsible for and to pay the fees and expenses of Dallas Jet International, LP"

"Buyer agrees to be responsible for and to pay the fees and expenses of TBD"

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

"March 22, 2016 Mr. Stephen Hanson... Dear Mr. Hanson"

"Buyer shall wire transfer to Insured Aircraft Title Service... a refundable good faith deposit in the amount of Five Hundred Thousand United States Do"

"The pre-purchase inspection shall consist of... a test flight... at the Pentastar Aviation facility in Waterford, MI"

"this Proposal (i) is not intended to, and does not create any binding legal obligation on either party... upon written acceptance by the Buyer of the "

"FAA Counsel, as Buyer's "professional user entity," shall initiate a "sale" filing"

"FAA Counsel, as Seller's "professional user entity," shall discharge any registration"

"Seller: Path Air, LLC ... Attn: Brian Huber E-mail: [email protected]"

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

"of GE Capital US Holdings, Inc., its attorney in fact"

"please acknowledge by signing the acceptance below and returning it by pdf to [email protected]"

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

"instruct the Escrow Agent to return the Deposit to Buyer"