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GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWIS

greements. Dated this 'CI day of March, 2008. I herebycmify S I hve compared this document with the original ari it is a tmeend cotter copy Weed RAYTHEON AIRCRAFT CREDIT CORPORATION By: Name: Title: ronalsect4 /gna .< fl /44•14e1 SDNY_GM_02758916 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8,

ENT OR ANY WAIVER OF ANY OF ITS PROVISIONS OR CONDITIONS SHALL BE VALID UNLESS IN WRITING AND SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE PARTIES HERETO. (f) Headings. Section headings contained in this Agreement have been included for convenience only and shall not affect the construction or inter

tD CD tv to IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the day, month and year herein above written. • • RAYTHEON AIRCRAFT CREDIT CORPORATION (Lender) B Name: Andrew A. Matthews Title: President FLIGHT OPTIONS, LLC (Borrower) By: (Signature) Name: (Com

AN INCONVENIENT FORUM. NOTHING IN THE SECTION 8 SHALL AFFECT THE RIGHT OF ANY PERSON TO BRING ANY ACTION OR PROCEEDING AGAINST ANY OF THE PARTIES HERETO OR ANY OF THEIR RESPECTIVE PROPERTY IN THE COURTS OF OTHER JURISDICTIONS. 9. Severability of Provisions. If any one or more of the provisions of t

or oral or written understandings. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the Effective Datc. 1274985v6 RAYTHEON AIRCRAFT CREDIT CORPORATION a Kansas corporation By: Title: Assistant Secretary RAYTHEON AIRCRAFT RECEIVABLES CORPORATIO a Kansas corporation

RIAL BY JURY OR IN ANY WAY TO MODIFY OR NULLIFY ITS EFFECT. THIS WAIVER APPLIES TO ANY SUBSEQUENT AMENDMENTS, RENEWALS. SUPPLEMENTS OR MODIFICATIONS HERETO. GRANTOR AGREES THAT IT WILL NOT ASSERT ANY CLAIM AGAINST THE SECURED PARTY OR ANY OTHER PERSON INDEMNIFIED UNDER THIS AGREEMENT ON ANY THEORY OF L

ATION FEDERAL AVIATION ADMINISTRATION CROSS-REFERENCE-RECORDATION CONVEYANCE. FILED NNUM: I SSTS SERIAL NUM: RIC•244 HEON AIRCRAFT COMPANY 40 RAYTHEON IN: MO DEL L: A AIR CARRIER: This form is to be used in cases what a conveyance covers several aircraft and engines, propellers, or locations. Fil

GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWIS

Schedule 1 Aircraft: Airframe and Engines' Make / Model Reg. No. Serial No. Engine Make Engine Engine Serial Percent Model No. Owned"' RAYTHEON AIRCRAFT COMPANY model 400A N493LX RK-244 PRATT& WHITNEY CANADA YEI 5D-5 PCE4A0256•• 1150% RAYTHEON AIRCRAFT COMPANY model 400A N493LX

GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWIS

est a 0 a in and to the collateral described in the Security Agreements. E „„,44 '73 , x Dated this .41 day of March, 2008. o 0 i.) o 0 RAYTHEON AIRCRAFT CREDIT $ CORPORATION > 3 I brebyceni&thail hese corpand this dossunt with theorigissi tad it isa orestslconta copy dent Oe/g--4-4 By

GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWIS

Schedule I Aircraft: Airframe and Engines* Make / Model Rcg. No. Serial No. Engine Make Engine Engine Serial Percent Model No. Owned'" RAYTHEON AIRCRAFT COMPANY model 000A N493LX RK-244 PRATT& WHITNEY CANADA ITI5D-5 PCE-1A0256" 12.30% RAYTHEON AIRCRAFT COMPANY model 400A N493LX

GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWIS

d an AC Form 8050-64. Anigiurient of Special Registration Marks. on Ionia. 2007. This form authorized the use of special registration mark N493LX on RAYTHEON AIRCRAFT MIPANY 400A aircraft canal mamba B&W NPirf_d. The aothorinition form %vas to have been signed and returned to this office within S days a

GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY TN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR. OTHERWI

Raytheon Aircraft Comminv model 400A aircraft bearing manufacturer's serial number RK-244 (described on the International Registry drop down menu as RAYTHEON AIRCRAFT COMPANY model 400A with serial number RK-244) and U.S. Registration No. N493LX. filipp:sis Two (2) Pratt & Whitney Canada model JT15D-5

GE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWIS

Agreements all of its right, title and interest in and to the collateral described in the Security Agreements. Dated this 21' day of March, 2008. RAYTHEON AIRCRAFT CREDIT CORPORATION O O O CA 0 sC 0 ro 0 0 a co E.° O O CO 171 3 EFTA00012705 ,w FILED WITH FAA :J.:CRAFT REGISTRATION