1/6/2M0 Subject: From: Sent: To: CC: Joan, (Disarmed) Re: N722JE "Darren Indyke" 1/3/2020 5:10:07 PM "Ellee Kim" "Joan Roberts" Happy New Year. I confirm I am in agreement and will send you wire transfer instructions on Monday. Thank you. Sent from my iPhone. Please excuse the typos. On Jan 3, 2020, at 5:33 PM, Ellee Kim wrote: Hi Joan, Please be advised that the Purchaser and Seller have mutually agreed to terminate the purchase and sale agreement for the Keystone helicopter (tail N7221E) dated as of November 1, 2019 between Hyperion Air, LLC and Helicopter 1029, LLC. In connection with the $100,000 deposit held with your firm, Insured Aircraft Title Service LLC, the deposit should be distributed as follows: 1. $75,000.00 shall be disbursed to Seller, Hyperion Air LLC; 2. $24,500.00 shall be disbursed to Purchaser, Helicopter 1029, LLC; and 3. $500 shall be retained by the Escrow Agent in payment in full of its fee for services rendered in connection with the Agreement (per the attached invoice►. Please confirm receipt of this email and advise if there is any additional information you need from our end to disburse these funds. The wiring instructions for Purchaser will be sent to you in separate email. Darren- please confirm that the Seller is in agreement with the above instructions and provide wiring instructions to Joan. Thank you for your assistance with this matter. 1/2 CONFIDENTIAL Subject to Protective Order iATS - 000694 SDNY_GM_02774799 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00261439 EFTA01340067