Re: N72211; and NI62AE Subject: Re: N722JE and N162AE From: Kim Thompson Date: Thu, 21 Jul 2011 16:20:02 -0500 To: Jap Blankenship CC: Irena Damnjanosk. "Marcroft, Coreen" e. •sgoo. Anthony Dennis Jap, We will order the title search report for the correct engine (w/N162AE). I spoke with Becki in our IR department. She is working on the IR registration for Freedom Air International, Inc. I will let you know when their IR registration has been completed. Kim Thompson Escrow Assistant for Joan F. Roberts - VP Insured Aircraft Title Service, Inc. 4848 S.W. 36th Street fiklahnrna City OK 71179 kthomnsonainsuredaircraft.com wanatinsuredaircraft.com On 7/21/2011 1:12 PM, Jap Blankenship wrote: Kim: Thank you for the title search reports and IR searches for the two above referenced aircraft and the related engines. There is one item which needs to be clarified at the outset. With respect to N162AE, the two Turbomeca Arriel 251 engines attached to the helicopter and being sold bear manufacturer's serial numbers 20040 and 20533TEC. In that regard, see the Aircraft Purchase Agreement and Exhibit A thereto. Although I do not recall the historical details, I do know that the engine bearing MSN 20045 is not owned by ASI Wings, LLC and, does not relate to N162AE. Thus, an engine search is needed for MSN 20533TEC. am advised by Darren Indyke of Freedom Air International, Inc. that your IR department is assisting Freedom Air in being licensed as a transacting user entity on the IR. If you can do so through your people, please let us know the status. We are advised that both parties to these transactions have forwarded the necessary closing documents and you should receive them tomorrow. As of late this morning, the closing of these two transactions is scheduled to commence on Monday, July 25th at 10:00 am Oklahoma City time. Please let me know if the above should prompt any questions. Thank you for your cooperation and assistance. I of 3 7/21t20 I 1 4:20 P\ CONFIDENTIAL Subject to Protective Order IATS - 000047 SDNY GM_02774152 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00260792 EFTA01339420

Re: N722.11:: and N162AE Best regards, lap Jap W. Blankenship Fellers, Snider. Blankenship, Bailey .t Tippetts 100 N. Broadway. Suite 1700 Oklahoma Ci , OK 73102-8820 E-Mail: IRS ClICLII3( 230 Notice: Any tax adene Included in the text of this message. or in any altachmern, III is not intended or vainen to be used, and cannot be used, by any taxpayer for the purpose of avoiding any tax penalties that may be imposed under the Internal Revenue Code and lull should not be used in promoting, marketing, or mcommending to another party any transactor) or matter addressed herein. This message is sent horn a law firm and may contain Information that is privileged or confidential. If you received this transmissial in error, please notify the sender by reply email and delete the message and any attachments. From: Klm Thompson fmallto Sent: Thursday, July 21, 2011 11:25 AM To: Jap Blankenship Cc: Irena Damnjanoska; Marcroft, Coreen; Ted Osgood Subject N722JE and N162AE Please find attached title search reports and 112 searches for these aircraft. We have not received the engine searches for N162AE. I hope to have them later today. Please note there is an outstanding lien on the IR on Engine: Turbomeca Arriel 2S1, SIN 20045 (w/N162AE). Freedom Air International Inc. is not a registered member of the international registry. In order to register a contract of sale on the IR. Both buyer and seller must be registered members. We have not received any documents for these aircraft. When is this transaction closing? Kim Thompson Escrow Assistant for Joan F. Roberts - VP Insured Aircraft Title Service, Inc. 4848 S.W. 36th Street 79 ktboininni ure wcraft.com www.insuredaircraft.com 2 of CONFIDENTIAL 7/21/2011 4:20 PA* Subject to Protective Order IATS - 000048 SDNYGht_02774153 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00260793 EFTA01339421

Re: N722.11:. and N162Ali ; This message has been scanned for viruses and dangerous content by MailScanner, and is believed to he clean. This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. 3 of 3 7/21/2011 4:20 PA CONFIDENTIAL Subject to Protective Order IATS - 000049 SDNY_GM_02774154 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00260794 EFTA01339422