EFTA00806857.txt

"LELAC AEROSPACE, LLC By: Frank Rivera Title: Director"

"Escrow Account Details: Bank: Bank of America, N.A. ... Credit: INSURED AIRCRAFT TITLE SERVICE, INC."

"This Letter of Intent is an expression of the parties' mutual intentions to enter into negotiations toward definitive agreements"

"Seller shall Deliver the Aircraft to Buyer"

"FOB — Medford, Oregon (the "Delivery Location")"

"This letter records the understanding we have reached in respect of the purchase of one (1) used Boeing Business Jet... by LELAC AEROSPACE, LLC ("Buye"

"purchase of one (1) used Boeing Business Jet... by LELAC AEROSPACE, LLC ("Buyer") from Chartwell Partners LLC ("Chartwell" or the "Seller")"

"the Buyer shall transfer by way of refundable deposit the amount of One-Million-Nine-Hundred-Fifty-Thousand United States Dollars (USD 1,9500,0001) to"

"LELAC AEROSPACE/ChartweIl Partners, LLC"