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S/N#: RK-260 Owning an undivided Name of Applicant: Interest of: GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto -Mien.-Gelgtefra-e" El3fon ifope

e OR FAA USE ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- SON\ CRIBED AS FOLLOWS: . - UNITED STATES REGISTRATION 2005 NUMBER N 787TH AIRCRAFT MANUFACTURER & MODEL ? RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERI

Transportation, LLC Coronado & Associates, LLC Kirk Air, LLC GrandlSakwa Transportation, LLC Belford Management Services, LLC J. Stark Thompson John P. Hayes Owning an undivided Interest of: Stephens Investment Management, LLC Renegade Swish, LLC Longley Supply Company Palisades Capital, Ltd Missoe

E ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL CONVEYANCE AND BENEFICIAL TITLE OF THE AIRCRAFT DES- RE CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION 2005 APR 12 NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL FtutK4L RAYTHEON AIRCRAFT COMPANY 400A ADMI

onado & Associates, LLC Kirk Air, LLC Grand/Sakwa Transportation, LLC Brookvale Express, LLC Belford Management Services, LLC J. Stark Thompson John P. Hayes Owning an undivided Interest of: Stephens Investment Management, LLC Renegade Swish, LLC Longley Supply Company Flight Options, LLC Signatures