From: Rich Kahn MIIMINIMIII I. Sent: Thursday, March 03, 2011 1:43 PM To: Brendan Nolan Subject: RE: Shmitka Air Options Still waiting for feedback Hope to be in touch tomorrow or Monday Thanks for patience Rich Kahn HBRK Associates Inc. From: Brendan Nolan [ Sent: Wednesday, February 23, 2011 11:29 AM To: Rich Kahn Subject: Shmitka Air Options Hi Rich, Below are the different options we discussed for Ms. Maxwell: Option 1: Rejoin the 6.25% 1999 Beechiet 400A Monthly Management Fee $6,293 EFTA_R1_00483911 EFTA01991060

Occupied Hourly Rate $2,030 Fuel Surcharge (Jan) $1,170 Option 1(a): Reduce to a 3.125% Ownership in the Beechiet Option 2: Softlanding to JetPASS Exit Value 6.25% '99 Beechjet $44,167 Plus Loyalty Credit $18,929 Re-marketing Fee (7%) Waived Total to JetPASS $63,096 Ms. Maxwell would enjoy the same level of access, and "fly off' the balance under the JetPASS rate structure. Based on today's fuel, these are "all-in" rates: Hawker 400XP $5,297 Hawker 800XP $7,384 Citation X $9,572 Legacy $10,958 Fuel varies on a month-month basis based on our avg cost per gallon of Jet-A, but this offers a general idea of the cost to fly under the JetPASS structure. I'll look forward to continuing our conversation. Best regards, Brendan Nolan EFTA_R1_00483912 EFTA01991061

Regional Sales Director - Manhattan EFTA_R1_00483913 EFTA01991062