Alireza I. On 15 Mar 2015, at 11:29,RichardJoslin <mailt » 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 Sent: Saturday, March 14, 2015 7:49 PM To: Richard Joslin Cc: 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 Sent: Thursday, March 12, 2015 5:55 PM To: Alireza Ittihadieh Subject: RE: YG062 Ali: 2 EFTA_R1_01638638 EFTA02507793

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. $3.5 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. 1401</=> New York, NY 10022=/span> 3 EFTA_R1_01638639 EFTA02507794