EFTA00587767.txt

"Seller has title to the Aircraft"

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

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

"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 ("Proposal") regarding the sale of a certain Gulfstream 550 s/n 5017"

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

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

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

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

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

"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"

"between Seller [Path Air, LLC] and SFS, LLC ("Buyer") ... Aircraft Limited Warranty Bill of Sale"

"Received from Path Air, LLC ("Seller") ... in accordance with the Aircraft Limited Warranty Bill of Sale ... between Seller and SFS, LLC ("Buyer")"

"this Proposal shall become a fully valid agreement that is binding on both Seller and Buyer"

"Mr. Stephen Hanson SFS, LLC"

"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]"

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

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

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