Subject: Escrow for N7221E From: "Michael Kolich" Sent: 11/4/2019 10:09:49 AM To: "Kim Thompson- I CC: loan Roberts" Attachments: N7221E - APA 11.1.19PM Executed.pdf Good Morning Kim, Can we open an escrow account for the attached AM. Also please: I. Execute the consent and fill in escrow fees on page 14 2. Run FAKIR searches 3. Send wire instructions locking to close around the end or the month. Do you know what days Thanks:Suing will affect the FM and IATS yet? Thanks, Mike. Knoll] Knale-h AlIonlev Jetlow, L LC Kensai Oly 21620 MOON, ft. SINchtotoo. 66218 Wattorp104 DC 1020161h 5-1 1& w.. SI* IC0, Wathinglan. DC 2:034 litilqueshorts. JetOntwers. JelSow. Nop — et ansiat ponclod ye. by Nil...van. of MI.. 11C Is ntlend Cm Intoensinal 1 way edIMIIII turtles NottowyClion Mama* Irtion. L0C dna on roma ato otuono-rettein rthtnothp W11n opens Ns. tontronl vitt& don, . In Pn1001 main of Innen. isal inns i n atrial loon DA IM:ents a unwed mot of Lee caponotailota Sat Mts. CONFIDENTIAL Subject to Protective Order IATS - 000749 SDNY GM_02774854 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00261494 EFTA01340122
Subject to Protective Order Acceptance Done Airframe: Make and Model Keystone (Sikorsky) model S-76C Serial Number 760750 Registration Number N722JE Engines: Make and Model Turbomeca S.A. model Arriel 2S2 Serial Numbers 42285TEC & 42286TEC Main Rotor Blades ('Blades" : Make and Model Serial Numbers (collectively, the "Aircraft") Date of Acceptance: Location of Acceptance: Time of Acceptance: Airframe Cycles: Airframe Hours: Engines Hours: Cycles: Sikorsky Model 76150-09100-053 A086-03958, A086-03773, A086-03768 & A086- 03769 , 2019 Blades: Hours: Cycles: Seller confirms that the Discrepancies and Additional Remediation Items that were to be corrected by Seller, at Seller's cost, per the provisions of the Agreement have been corrected. Upon receipt by Escrow Agent of each of the Title Documents, confirmation by Escrow Agent that the Aircraft is free and clear of Liens of record at the FAA Civil Aviation Registry and the International Registry, and confirmation by Escrow Agent of funds sufficient to effect the closing contemplated by the Agreement: (i) Escrow Agent is authorized to (a) cause the FAA Bill of Sale, the Aircraft Registration Application, any Releases and any other documents necessary to 77:71^,SW:ft.751 CONFIDENTIAL IATS - 000750 SDNYGM_02774855 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00261495 EFTA01340123
IfY1t2019 Subject N722JE serial 760750 S76C++ From: "Larry Visoski" Sent: 10/1/2019 2:00:18 PM To: CC: "George Reenstra" ; "Larry" Attachments: IMG_2004.PNG Brandee, Per your request, see attach serial number, Thx,' larty I/I CONFIDENTIAL Subject to Protective Order IATS - 000751 SDNY GM_02774856 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00261496 EFTA01340124
I A S Insured Aircraft Title Service, LLC. P.O. Box 19527 • Oklahoma City, Oklahoma 73144 • (405) 681-6663 (800)654-4882 FAX #405-681-9299 TERMS AND CONDITIONS OF ESCROW SERVICES PROVIDED BY INSURED AIRCRAFT TITLE SERVICE. LLC rIATS") The following terms and conditions shall apply to the services provided by IATS. IATS shall act as stakeholder and shall not be responsible for genuineness, validity, sufficiency or collectability of funds or documents deposited with it or any description of property or other thing therein, and shall not be required to determine existence of any fact or decide any questions of law. IATS shall not be liable for the condition or value of any property involved in any transaction. IATS shall not be liable in any respect on the account of identity, authority or rights of the persons executing or delivering or purporting to execute or deliver any such document, paper or funds, and IATS shall not be responsible for any forgery or false representation; its duties hereunder being limited to the safekeeping of such funds, instruments or other documents received by it, and for the delivery of the same in accordance with any agreement between a purchaser and seller or the mutual instruction of such parties. IATS shall not be liable for any errors or irregularities arising from the records of any governmental agency, including the International Registry or the Federal Aviation Administration. Until IATS is provided with and acknowledges receipt of a fully executed purchase and sale agreement between a purchaser and seller governing any funds or documents that EATS is provided or written confirmation from the depositor of any funds that funds delivered to IATS have become non- refundable, TATS shall have the right to deliver any documents, moneys or instruments deposited or delivered to IATS to the respective parties depositing such documents, moneys or instruments and that redelivery of such documents, moneys or instruments shall relieve IATS from any further liability with reference thereto; this provision, however, may at any time be waived by IATS. The undersigned hereby acknowledges and agrees that IATS may perform other services for one or more of the parties to a transaction, including, without limitation, providing services relating to the status of the title to any aircraft which may be the subject of any agreement between a purchaser and seller. Notwithstanding anything to the contrary contained in any contract between any purchaser and seller, the parties acknowledge and agree that, from time to time, IATS is requested to serve as the escrow agent in connection with a series of transactions involving the same aircraft and the simultaneous closings of such transactions. To that end, each transacting party acknowledges that the transaction to which it is a party may involve a situation where (I) the aircraft being acquired may be being purchased from another seller, (2) the aircraft that is being sold by a seller may be being immediately resold to a different purchaser, (3) that there may be simultaneous closings of the purchases and sales, and (4) that all funds being used to fund the purchases and sales of the aircraft may be being deposited with IATS by the ultimate purchaser, and that EATS, upon authorization from the appropriate parties, may use said funds to fund the purchase of the aircraft or otherwise dispose of the funds in accordance with the terms of the contract(s) involving the purchasc(s) and salc(s) of the aircraft. Page 1 of 2 CONFIDENTIAL Subject to Protective Order IATS - 000752 SDNY_GN1_02775857 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00261497 EFTA01340125
The transacting parties are responsible for the negotiation and preparation of any contract(s) involving the purchase(s) and sale(s) of the aircraft involved in the transaction. IATS shall have no responsibility whatsoever for the contents of any contract(s). If more than one contract is involved, IATS shall have no responsibility to make a comparison of the contracts to evaluate whether there arc any inconsistencies between the terms of the contracts, and IATS shall have no liability or responsibility whatsoever for any inconsistencies between the terms of any contracts. Upon confirmation by IATS that IATS is holding the documents contemplated by the contract) (or as otherwise authorized by the transacting parties) and escrowed funds in an amount necessary to close the transaction(s) contemplated by the contract(s) delivered to IATS, the transacting parties shall authorize IATS to consummate and close the sale(s) and purchase(s) contemplated by the contract(s), and upon receipt of such authorization IATS is authorized and directed to release the documents as contemplated by the contract(s) and disburse the escrowed funds in accordance with the terms contemplated by the contract(s) or as otherwise instructed by the parties. In accepting any funds or documents delivered to IATS, it is agreed and understood that IATS will not be called upon to construe any contract or instrument deposited. In the event that IATS deems it necessary or advisable, in its sole discretion, to employ attorneys for the reasonable protection of the escrow property and/or of itself, IATS shall have the right to be reimbursed by the transacting parties for any attorneys' fees incurred. Should a transaction fail to close for any reason, the transacting parties will be charged a handling fee (minimum of $150.00), plus all incurred expenses, which may be retained from the funds held by IATS. In the event of a dispute between the transacting parties, IATS reserves the right to hold any money in its possession, and all papers in connection with or concerning this escrow, until a mutual agreement in writing has been reached between all of said parties and delivered to it or until delivery is legally authorized and ordered by final judgment or decree of the United States District Court for the Western District of Oklahoma, the District Court of Oklahoma County, Oklahoma, or other court of competent jurisdiction; and in case IATS obeys or complies with any judgment, order or decree of a court of competent jurisdiction, it shall not be liable to any of the transacting parties nor to any other person or entity by reason of such cotnpliance, notwithstanding any such judgment, order or decree be subsequently reversed, modified, annulled, set aside or vacated. IATS shall not be liable for any acts or omissions done in good faith, nor for any claims, demands or losses, nor for any damages made or suffered by any party, except such as may arise through or be caused by its bad faith or gross negligence. These Terms and Conditions and the services provided by TATS shall be governed by and construed in accordance with the law of the State of Oklahoma. Notwithstanding any provision contained in any purchase agreement or other agreement between a purchaser and seller, the District Court of Oklahoma County, Oklahoma, or the United States District Court for the Western District of Oklahoma shall have exclusive jurisdiction to hear all disputes against IATS and no other courts shall have any jurisdiction whatsoever in respect of such disputes against IATS. The foregoing shall not affect the governing law and/or jurisdiction and venue provisions in any agreement between a seller and purchaser to the extent that any dispute does not involve IATS in any manner. These Terms and Conditions govern all duties and liabilities of IATS notwithstanding any terms contained in any contract between the transacting panics, and in the event of any inconsistency between these Terms and Conditions and any such contract, these Terns and Conditions shall govern. (Rev. 3/17) Page 2 of 2 CONFIDENTIAL Subject to Protective Order IATS - 000753 SDNY_GM_02774858 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00261498 EFTA01340126
AI Insured Aircraft Title Service, LLC 21E. Main Street Suite 100, Oklahoma City, OK 78104 405-681-6663 800-664-4882 FAX: 405-681-9299 ESCROW AGREEMENT N722JE Keystone Helicopter S-76C S/N 760750 With regard to the Sale/Purchase of the above referenced aircraft, this will confirm the terms by which Insured Aircraft title Service, Inc. will act as the Escrow Agent until a fully executed Purchase Agreement has been provided wherein the terms and conditions of funds and documents held in escrow arc outlined: 1.) I.'S hold a deposit or the entire purchase price in Escrow and such funds as fully refundable to the Depositor until we of written instructions from the Depositor directing the -n of such funds. illect front Seller all documents necessary for tie to pass to the Purchaser. These documents, like held by the direction of the Depositor (Seller). Ones ..cen executed by both the Purchaser and Seller, LA.T.S. will e. tile Escrow Agent and all Parties will be bound by the terms and conditi as. The Agreement must direct the release of funds and documents upon the completion of certain requirements met by the Parties. Our Complete Terms and Conditions are attached. If there arc any questions or if additional information is desired, please feel free to contact me at 800-654-4882 or 405-681-6663 and fax 405-682-0818. Sincerely, Joan F. Roberts Vice President Insured Aircraft Title Service 21 E. Main Street, Suite 100 Oklahoma City, OK 73104 CONFIDENTIAL Subject to Protective Order IATS - 000754 SDNY GM_02774859 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00261499 EFTA01340127



