From: Richard Joslin < Sent: Sunday, March 15, 2015 7:21 PM To: Jeffrey E. Subject: Fwd: YG062 Begin forwarded message: From: Alireza Ittihadieh Date: March 15, 2015 at 2:40:34 PM EDT To: Richard Joslin < Cc: "Office @ <mailto Subject: Re: YG062 I need to know what you want to do, in the next few hours as I don't w=nt to be stuck with this aircraft. Alireza I. On 15 Mar 2015, at 14:29, Alireza Ittihadieh <mailto:alireza@=reestreambermuda.bm» wrote: Seller isn't a Swiss company Alireza I. On 15 Mar 2015, at 14:28, Richard Joslin <[email protected] <mailto:RJoslin@elys=lc.com> wrote: For disclosure purposes, we need to know if it is a back =o back transaction. Money laundering laws are very meticulous now, =specially with a Swiss company. We would prefer to buy directly fro= the current seller. From: Alireza Ittihadieh =lt;alireza@freestreambermu=a.bm <mailto:[email protected]» Sent: Sunday, March 15, 2015 11:46 AM To: Richard Joslin Cc: Office @ Freestreambermuda.bm EFTA_R1_01390757 EFTA02378602

Subject: Re: YG062 Furthermore, you will get all the historical Warranty Bills of Sale th=t are available. Alireza I. On 15 Mar 2015, at 11:29, Richard Joslin <[email protected] <mailto:RJoslin@elys=lc.com» wrote: Thank you for the revisions. If you are charging a commission we =nderstand and agree. However, is this a back to back = transaction with an American company? We have unique cir=umstances that requires an answer. Please email back as I will have limite= phone availability this afternoon. From: Alireza Ittihadieh =Italireza@freestreambermu=a.bm anailto:[email protected]» Sent: Saturday, March 14, 2015 7:49 PM To: Richard Joslin Cc: Office @ Freestreambermuda.bm Subject: RE: YG062 Please see at=ached revised Offer Letter. =/P> I have done m= best to clean it up, however if you do find ANY errors please let me know= =/p> BR Alireza From: Richard Jo=lin [mailto:[email protected]= Sent: Thursday, March 12, 2015 5:55 PM To: Alireza Ittihadieh Subject: RE: YG062 Ali: 2 EFTA_R1_01390758 EFTA02378603

Contract makes ref=rence to an Export C of A and requires Purchaser to pay the costs to get t=e plane to qualify for an Export C of A, but N registered? Contract makes reference to delivery in Europe? If N registered, the= why Export C of A and European delivery? Contract is keyed =o Buyer's acceptance in a number of places when it is Buyer who is makin= the offer and it is the Seller who must accept. 53.5 MM deposit se=ms high for a $28,500,000 price. No penalty to Sell=r if they refuse to make any discrepancy corrections; only get the deposit=back; we should get inspection costs and transaction costs if they refuse to make discrepancy corrections. No provision f=r a second flight test to check discrepancy corrections Hours and Cycles o= the Specs are from May 2014 and need to be updated. Richard Joslin CFO Elysium Management=LLC 445 Park Ave Ste. 14014=> New York, NY 10022=/span> (w) (646) 589-03054span> (c) (2=3) 581-0509 (f) (6=6) 589-0330 3 EFTA_R1_01390759 EFTA02378604