FORM APPROVED OMB NO. 2120-0042 UNITED STATES OF AMERICA a S. BEPAMMIXT Of TUJIMMTAMN HIM AWN AMINIMUM AIRCRAFT BILL OF SALE This Do F Not Write In OR FAA USE Block ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: UNITED STATES REGISTRATION _NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS 2e DAY OF JAN., 2009 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL IS), Gn/E LAST NAME, FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HTS., OH 44143 090301240097 $5.00 01/30/2009 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 26TH OF JAN., 2009. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR CO-OW ER . ALL MUST SIGN.) TITLE (TYPED OR PRINTED) PARSOW MANAGEMENT EXECUTIVE VICE PRESIDENT II, LLC, RUSS TRADING, JAMES P. MILLER OF FLIGHT OPTIONS. LIE INC. AND TAURUS ACTING AS ATTORNEY-IN- CAPITAL MANAGEMENT, FACT FOR PARSOW LLC MANAGEMENT II, LLC, RUSS TRADING, INC. AND TAURUS CAPITAL. MANAGEMENT, LLC ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT, ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition 0 O O O 0 a 0 a r-g" C a y r SDNY_GM_02758810 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245732 EFTA01330195

'7)io Alioylya ,froico GI ZI idd oc etv SDNY_GM_02758811 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245733 EFTA01330196

to 8 LOAN a (For use on deals drawn under the September I, 2003, Agreement) FAA RELEASE 3 COLLATERAL 0 Raytheon Aircraft Company Model 400A Manufacturer's Serial No. RR-260 Registration No. N787TA a Engine Make and Model Pratt & Whitney JT1 50-5 Engine Serial Nos. 1A02R7 and lAn7A9 Propeller Make and Model N/A Propeller Serial Nos. N/A The undersigned, assignee of the interest of Raytheon Aircraft Credit Corporation, Secured Party under the Security Agreement dated July 13 2001 with Bergen Industries, Inc. as Debtor, recorded by the Federal Aviation Administration on August 22 2001 , as Conveyance No. eiG025107* which was assigned to the undersigned pursuant to the FAA Assignment dated as of September 22 2003 recorded by the FAA on October A, 2003 as Conveyance No. FF001M9 hereby releases all of its interest in the collateral covered by said Security Agreement, as amended and assigned. Dated this IS day of January 2009 BANK OF AMERICA, NATIONAL ASSOCIATION AS ADMIN S TIVE AGENT By: athleen M. Carry, Vicq resident BA0179 The undersigned assignors hereby release all of their interest, if any, in the collateral covered by the Security Agreement described above. Dated this .5 day of January 2009 Raytheon Aircraft Raytheon Aircraft Receivables Corporation Credit Corporation Narn Name. 1°A Arat- /4,44,"/ BY: AF472(Nisiim/ BY Title:raskadcSata Title: £w,.4ae/r Mrpoer. This Release shall consist of this one page only, with no schedules, appendices or similar attachments attached he-eto *FM Assignments dated July 13,; 2001, recorded August 22, 2001, as. 'Cony. No. 00025107 between. Raytheon Aircraft Credit Corporation and Raytheon Aircraft Receivables Corporation ("RARC') and further assigned from RARC to Rank of America, National' Association, as Admin- istrative Agent, and oy an Assumption Agreement by. Bergen Industries, Inc. to Bergen Southwest Steel, Inc. dated 12/12/01, recorded 3/7/02 as Conveyance Number HI4031339. General Aviation Receivables Corporation By: 74-sz-n---- Name: , tet e:ar SDNY_GM_02758812 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245734 EFTA01330197

0 WO V' MTV° h B WU hi Ne 6002 88 1.31:00/IIV vyi 143:v tialla SONY_GM_02758813 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245735 EFTA01330198

DOCUMENT LEVEL ANNOTATIONS See Recorded Conveyance GG025107 C008 pg 1 SDNY_GM_02758814 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245736 EFTA01330199

SONY_GM_02758815 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245737 EFTA01330200

FORM all) CNN NA MOSS LOOTED STATES OF MIEPICA DEPARTMENT Of TRANSPORTATIEN CERT. ISSUE DATE a ante alleNTIMPIONal Rae alleNTCAL COMA ins! 111.01111.411001 APPLICATION wino suns LI FE HUMERI\ 787TA A avy mmusocents• MOOS Ai act rni ar Ann PA .. Fd(-260 FOR FM USE ONLY TYPE OF REOSTRATION P.M Ere Wel O T. INTINIOUSI O 2. PetTAININO O J. Onoraben els. Coma O 6. Goat O 0.1.0 •010" NAME OF APPLICANT INnorysi /noon Co Man* Cl OsTrINA N AS S. Mins& NM Ire. ITPT Nee swan 1.) Air Ghislaine, Inc. 6.25% of 100/ OC See Attactrent ded_td 1) Id eel ) IIIILIPIONE MOW I I Pala ralivi nes SON IN pridirmi is P L 0 BOX* oat physNI AMMO nal Map be &Wen) CM: ght %/tam W Nam SW MAI 26180 Curtiss-Wight ParkwaY Nal RAM. PO to WY STATE OH ZIP CODE 44143 Ri1JNIniJ Heights 0 CHECK HERE W YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION! And Me following statement talon signing this application. That portion MUST be completed. A Wee a 61040.401 cow b es, cpippospe, 70 appeason ow b. Plod, tr pmeemert by in. are 'Or nreereee NI CAS. The It Ss. COI • CERTIFICATION 0, no Ow meow snot I. pons ty to oraragrold ranceon. ore il a Maw (alai IOW_N3 UM Unto] PAW !For ,CAW AlA. Errs rose el mm em I or CHEOl ONE AS APPROPINATE • CI A reeldeet aal set Sion msopfnlon (Pa. I.IN or Form ION) No — ... Delatsaire - to A A roroOkan COrporston coprand ma 0:04) bars 100111 0 nen 0 SO — - Wei we's2628YetttlIfilrhahellt”?‘"dttltiftg'.74ORTI413°'`" NIONNINI PI CO NM Po iinnfterol spsoloostl war 110 ISM 0 I WV lailir CO•nry. Erb (24 Pei ITO Warlorce ol *epee 1* ~Too of Ns ANA ANd own Po Non *oaten Admenselp NOTE II OTODAIPS lOr 0)-Orolerthip all wawa muN sign Liss reverse Wan noCintary. TYPE OR PRINT SIGNATURE ill B a ill i ig 5/ONATURE TITLE ExectitiVe ;Ike PresIcierre" of nirt Options, LLC tIlliolk E Janes P. Rifler uniacting AS Atterney-In-Fitti far Air Ghislaine,Inc. SIGNATURE WILE SA DATE NOTE Ponctro mono tO Po Conga. al AMY Reyna We Niael may to own*, bra pored ea or word ID dem Sows *AO CAM Pr Pia CAR of PM ItitaIsto sue bs wool or as YOM. AC FP" 8050-1 (1103) (02014214(07l O SDNY_GM_02758816 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245738 EFTA01330201

• • vvici.110 ALID r •Ivil0 £ lad £Z NOP SSZ. ttelretat,..: tinlowv VIA it: I. SDNY_GM_027581317 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00245739 EFTA01330202

ATTACHMENT TO AIRCRAFT REGISIRATION APPLICATION oco-ea tslock 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) Reg #: N787TA Address: Model: Raytheon Aircraft Company 400A S/N#: RK-260 Owning an undivided Name of Applicant: Interest of: GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto -Mien.-Gelgtefra-e" El3fon ifoperKis,f-t-P 6.25% of 100% Shown on Original form hereto Parsow Management II, LLC, Russ Trading, Inc. & Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto GY Flight Partners, LLC 6.25% of 100% Shown on Original form hereto Stile! Aviation, LLC 6.25% of 100% Shown on Original form hereto Mason Lampton & B. H. Hardaway, III 12.50% of 100% Shown on Original form hereto Flight Options, LLC 25.00% of 100% Shown on Original form hereto Signatures: Title: Date. Executive Vice President of Flight Options. LLC acting as Attorney-in-Fact for #2.3.4,5,6,7.8.9.10 Executive Vice President of Flight Options, LLC LLC for #11 111114fi By signing above, the applicant agrees and stipulates (I) to the terms, conditions and certification of the AC Form 8050-1 Aecraft Registration Application. to which this page is attached (the 'Application'). (It) that all of the information sel forth on the Application is true and currect as of this date, ending the Application may be executed by the co-owners by executing separate counterpart signature pages. each of which when so executed and delivered shall be an orginat. but all such counterparts shall together constitute but one and the same application. SDNY_GM_02Tsasta SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245740 EFTA01330203

VI1C., !DIU ..1.1f.6 VI ,IV1)10 LC C Wd EI Ntir ECJd SDNY_GM_02758819 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245741 EFTA01330204

FORM APPROVED OMB NO 21200042 UNITED STATES OF AMERICA US. DEPARTMINT OF MANSPIRTAIIIN FEDERAL AMIN ADMINISTRATION AIRCRAFT BILL OF SALE Do FOR FAA As USE O Block Not W In This ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 • DOES THIS S T" DAY OF :144., 20041 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME, FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HIS., OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS. ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 1ST" OF ,SAIL,2oo et w A tu co NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN I (IF EXECUTED FOR . ALL MUST SIGN.) TITLE (TYPED OR PRINTED) BERGEN SOUTHWEST EXECUTIVE VICE PRESIDENT STEEL, INC. JAMES P. MILLER OF FLIGHT onions, LLc ACTING AS ATTORNEY-IN- FACT FOR BERGEN SOUTHWEST STEEL INC. ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING' HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) 090131542261 56.00 01113/2009 ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SDNY_GM_02 758820 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 3 a 0 :7 yr EFTA 00245742 EFTA01330205

VSIC. -1NO Kl10 V; ::V1N0 LC C Wd CI MY 6002 VVA SDNY_GM_02758821 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245743 EFTA01330206

il O O N N C) CP FAA PARTIAL RELEASE a 0 0 < 0 FO Financing, LLC (the "Secured Party") as secured party under the Security Agreement 0 30 described and defined on Exhibit A attached hereto, hereby releases from the terms of the 0 Security Agreement all of its right, title and interest in and to the Releases Aircraft 0 m Interest described and defined on Exhibit A attached hereto. 8 a 0 As to all collateral covered by the Security Agreement except the Released Aircraft 0 Interest, the Security Agreement shall remain in full force and effect. & O Dated this yi h day of December - , 2008. § O 1 FO Financing, LLC "o — Je------ F 1) By: 3 T Name: Bret Wiener Title: Vice President SDNY_GM_02758822 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245744 EFTA01330207

SDNY_GM_02758823 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245745 EFTA01330208

EXHIBIT A FAA RELEASE Security Agreement Aircraft Security Agreement dated 12.07-2007 between FO Financing, LLC as secured party and Flight Options, LLC as debtor, recorded by the Federal Aviation Administration on 01-24-2008 as conveyance number 1083585 . Aircraft Security Agreement dated 12-07-2007 between FO Financing, LLC as secured party and Flight Options, LLC as debtor, recorded by the Federal Aviation Administration on 01-24-2008 as conveyance number 1083586 . Released Aircraft Interest Twelve and one-half percent (12.50%) undivided interest (representing a partial interest conveyed to Flight Options, LLC) in and to the aircraft described below (the "Released Aircraft Interest"). Aircraft One (I) Raytheon Aircraft Company 400A bearing manufacturer's serial number RK-260 and United States Registration Number N787TA, together with two (2) Pratt & Whitney Canada JT15D5 aircraft engines bearing manufacturer's serial numbers PCE-JA0287 and PCE-JA0291 (collectively the "Aircraft"). SDNY_GM_02758824 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245746 EFTA01330209

• vfriourno A1!0 veyoritrixo E Lid h 030 lee 88 U011n1S11:in lin nrd 03114 313117 • SDNY_GM_02758825 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245747 EFTA01330210

DOCUMENT LEVEL ANNOTATIONS see conveyance # T083585 doc id (7333, pg 47) etal SDNY_GM_02758826 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245748 EFTA01330211

SDNY_GM_02758827 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245749 EFTA01330212

ram. APPROVED CRS zzo0042 (Mini STATES Or AMERICA DEPARTMENT OF TRAMPORTAnal MOM NAME ADIntimammat WOO. Abeneumma. corm AOICRAFT REGISTRAIIC•4 APOUCATION CERT ISSUE DATE UNITED STATES u acatraanoN taw 11 787TA at; MIEWCTURER 4 MOOTI. Raytheon Aircraft Ccupany 400A AftRAFT SERIAL Pb FE-260 FOR FAA USE ONLY TYRE OF IIECISS1R010110OR me MO • ' _,X Plisall" P C. I. IntlYcluld O 2. Powoniip ID 3. GO/POIOTO0 BI cowry CEA GOA 'OILoM NAME OF AFFIX/YR (Pencenal Imo we sIdemeolomMTP.E•MMAL INV Ant Fa THI Tam w4 Sol man 1.) Air Chislaine, Inc. 6.25% of 100% filtSee Attachreit ctik3/4.ea Lir 14.--010 TELEPHONE MASER. I / ADDRESS Inernow• mew OdOme kepnronetralir EIRE lo toed. ORME MM. awl olo0 to SMOIT C/O: 26180 artiss-Wright Partway Mote it0 OW Rem Ma PO. Ilko: OTT Rialto:I Heights KM OH ZIP COCO 44143 a CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION? Read the following staternenl before signing this application. This portion MUST be completsd. A Ism or mamma asps to ant ottoloa a Oa appaton non to gnmen '0, punernen by on.10tOWII (HS Cava. TM ut S.C. HOH III CERTIFICATION ME CERTIFY PI TM MI OT. eicrOI 0 mood wino.noroows 'Wow ow °wen Hwang awcwo.0 ol t. Wed Woo fa amrs tw, ow ...wool man A CHICK WE AS APPROPOSATE• • 0 A ordeal aim age Am mdinklem am 1.15 of Fenn 1.541) NO o El A wroolos Popmaka ownws w WI% Para Wog To two of tow DelaWare n ad 716feraitriglirfght PILIMMeideltrfer.rOW.441,150 tit cents to Mal a ad ngolonen tans to Ms of my boor matt aro CO Tlwo NW Wow el wonNA l• OR M, ot Me Om Ind oda IN nods* Mom Mentatrom • NOTE: II Oz*Cal for co-ownershp NI wacento IMO ger. Um reverse ewe r neceseatv TYPE OR SWINT SIGNATURE fli i 8 I I l l Toll txecutive Yice PresideeeATE of Flight Options, LLC ((-14:—Cir P. Miller TITLI acting•as Attorney-In-Pke for Air Chislaine, Inc. Iowa TIRE .*' ( DM NOTE ?.Map meNd S PS C.s S Armin INININdbl. IMIRIIII .4 12li OPIRIM In ROM MI A Iloono et SO —. Ono arty ma MERE Roy 0 OE MOM? E0 NMI tnIFFINIOn In MOMS AC Fain ICE01 (5103) (0:62-00404007) tif ; Ash '1 • g • ' SDNY_GIN_02758828 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245750 EFTA01330213

• • VH01O1)10 LLI0 VW0HViN0 Oh T Wd hi (ION 8002 2 NOliVILIS1038 ' VVJ 14111A 0311:1 SDNY_GM_02758829 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245751 EFTA01330214

ATTACHMENT TO AIRCRAFT REG4STFIATITo e APPLICATION Akall 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12 ) 13.) 14.) Reg ft Model: SiNI: Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II, LLC, Russ Trading, Inc. 8 Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto GY Flight Partners, LLC 6.25% of 100% Shown on Original form hereto Shiel Aviation, LLC 6.25% of 100% Shown on Original form hereto Mason Lampton & B. H. Hardaway, III 12.50% of 100% Shown on Original form hereto Flight Options, LLC 18.75% of 100% Shown on Original form hereto Signatures. Title: Date: Executive Vice President of Flight Options, LLC acting as Attorney-in-Fact for #2.3,4.5.6.7.8.9.10.11 Executive Vice President of Flight Options, LLC LLC for #12 By signing above, the applicant agrees and stipulates (I) to the terms, conditions and certification of the AC Form $050.1 ArrUalt Registration Application. to welch this page is attached (tM 'Application"), (II) that all of the information set forth on the Application is true and correct as of this date, and (Ill) the Application may be executed by the co-owners by executing separate counterpart signature pages. each of which when so executed and delivered shall be an original, but aN such counterparts shall together constitute but one and the same application. SDNY_GM_02758830 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245752 EFTA01330215

VV101P11NO All0 V1040HV-INO Oh I Wd hi RON SIR yfl NOILVILLS10313 linif91, ? SDNY_GM_02758831 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _00245753 EFTA01330216

FORM APPROVED OMB NO 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: UNITED STATES REGISTRATION NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS 12Th DAY OF NOV., 2008 HEREBY SELL. GRANT. TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: Do Not Write In This Block FOR FAA USE ONLY NAME AND ADDRESS (IF iNDMDUAL (S), GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HTS., OH 44143 083191348633 $5.00 11/14/2008 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 12Th OF NOV., 2008. NAME (S) OF SELLER SIGNATURE (S) TITLE CC J (0) (TYPED OR PRINTED) ON Nichol XECUTEO FOR CO- O;1.- IP. ALL MUST SIGN.) (TYPED OR PRINTED) MISSOE CAPITAL, LLC EXECUTIVE VICE PRESIDENT JAMES P. MILLER OF FLIGHT OPTIONS. LLC ACTING AS ATTORNEY-IN- FACT FOR MISSOE CAPITAL LLC ACKNOWLEDGEMENT (NOT REQUIREDFOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SONY_GM_02 758832 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245754 EFTA01330217

VINOHV1NO Ain VHONV1NO Oh t Wd hi RON 2!E 4oliviiisi0.38 1 VI/4141M 031'4 2 SDNY_GM_02758833 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245755 EFTA01330218

FOR.. APPPOtE0 ONE No Pia30042 UNITED STATES OF AMERICA DEPARThett Of TRANSPORWCOI FIRMA - allIMINATICAL CERT ISSUE DATE atfillarilera MONNOTEY Oral NRORAFT REGRAW. APPUCATKIN UNITED STATES ai n m 787TA REGIS TRATION Nag AIRCRAFT IMMACTURCA II mom Raytheon Aircraft Calvary 400A aiStvitr".. FOR FM USE ONLY WOE Of REOSTREFION Oa ore SR) O 1. IndIAdual O 2. Partnerlilp [Item:gram is. Coowner CI S. Govt O II .16' 474." NMI OF APPLICANT Int Rao PAWN pp.. 0, Reno 0 Lent, 11 sees. rii NO en FeRF. Rd FOS I 1.) Air Ghislaine, Inc. 6.25% of 1CO% 0 (5, Attachtent clakel IO-30-01) TELEPHONE WADER 1 / PEONES Orr s oft 10" . lg. pritartmidersP tee . Let triad MOM .Na dm In / 26183 Cartiss - Wrislit Parbay Rd t So Nimbi. Plan /la PO Ear OTY RiCilard Heights CH 121P MCC 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION! Read the following statement before signing this application. This portion MUST be completed. A e a Mona wow, to mt 0.03101 ,t, MO pookawa mot b. orooCs to Cooshrthre o, rine UM' or orrscroroto WS CROW ld Ta Sac '00O CERTIFICATION . CERTIFY II) That Rs stow NAM a owed b1 MO faldnat.00 •00•00‘ .we 0 • °U.° ONT-RN cONTROWS al Oa WIPP SRNs pad Trig OW pa Awe* et own I. or 0401 ONE AS APPRCORLATE • CI A man fir. we as ANistrian (Form 1.151 Or FOrm 1.SSII NO 0 55 A ma/saw cappolon names W ON. Raw war en M of moo _PPINaRrR " " " SZLIZ " tiga441 4.70C7 1 ttrAVI itCsl" 'TA InTOofion TO . . 1 , . , WV 121 MR IT• ANNA s noT means urger ON Noy cl sty boor otantry 6-a 131 Thii Nosi ••••••• of ousrlbp attached ot Poe es cud he trt• Nan keaton Aommmatw NOTE: If ONTOARI /Or 03-0•^R3NP NI TCRICWITS MST Seer. Use) wawa lade e receSeafT TYPE OR PREY!' NAPA ELOW SIGNATURE fig b III i it SOS re TIM Executive Vice Presided4ETe of Flight Options, LLC 10-3 0 - 02 Janes P. Miller n u acting as Attomey - Im for Air thislaine, Inc. KM SKINATURE ME I pads NOTE Neap Oto Coa4:06 S Faddi Ralsomice. OS Sail bo • rot io 0 20 Now al Roy Apia! • NNW ROHN SR. OARS *Nth Imo WO RNA copy cr On 1000air IRIS tri red IA ONO OMR. PC FEE 9:604 WOO ft052OXI2140011 SDNY_GM_02758834 3 0 0 0 co T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245756 EFTA01330219

• • YWOHY1)10 WION111340 OS I bid OE 130 ONZ 1*.e. NOIMI.I.S1338 1311HOWY 11, 4 14.1.1A1 03114 SDNY_GM_02758835 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245757 EFTA01330220

ATTACHMENT TO AIRCRAFT REGIITFtAilii:GN3O-O7 APPLICATION 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 1.3.) 14.) Reg #: Model S/NOI. Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto Grand!Sakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II, LLC, Russ Trading, Inc. & Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto GY Flight Partners, LLC 6.25% of 100% Shown on Original form hereto Shiel Aviation, LLC 6.25% of 100% Shown on Original form hereto Mason Lampton & B. H. Hardaway, Ill 12.50% of 100% Shown on Original form hereto Flight Options, LLC 12.50% of 100% Shown on Original form hereto Signatures: Title: Date. Executive Vice President of Flight Options. LLC acting as Attorney-in-Fact for #2.3,4,5,6.7.8.9.10.11.12 Executive Vice President of Flight Options, LLC LLC for #13 0 -3o-og 1 0-3o-cg ey signing above the appacam agrees and stipulates (I) to the terms. cenditions and certification of the AC Form 8050-1 Aircraft Registration ApplicatiOn, 10 which this page rs attached (the 'Application"). (II) that all of the information set forth on the Application is true and correct as of this date. and gig the Application may be executed by the co-owners by executing separate counterpart signature pages. each of vetch when so executed and delivered rhea be an original, but al such counterparts shall together constitute but one and the same application. SDNY_GM_02758836 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245758 EFTA01330221

ThOtiV1M0 Alto VkiNiV1M0 03 I idd OE 130 800? . SiO3ff 4V8)• • ti Vi twits a7j*/// di; SDNY_GM_02758837 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245759 EFTA01330222

DOCUMENT LEVEL ANNOTATIONS Type of registration corrected to non-citizen co-owner. SDNY_GM_02758838 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245760 EFTA01330223

SONY_GM_02758839 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245761 EFTA01330224

FORM APPROVED OMB NO 2/20-0042 UNITED STATES OF II S. OfPARTIATNT OF TRANSPORTATION BERM AIRCRAFT BILL AMERICA AVIATION ADMINISTRATION OF SALE Wnte TM F Do Not OR FAA In USE O Block ONLY FOR AND IN CONSIDERATION UNDERSIGNED OWNER(S) AND BENEFICIAL TITLE OF CRIBED AS FOLLOWS: OF $1.00 ovc THE OF THE FULL LEGAL THE AIRCRAFT DES- . UNITED STATES REGISTRATION NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS 27T" DAY OF OCT., 2008 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDMDUAL (5). GIVE LAST WJAE, FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HTS., OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER. AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 27TH OF OCT., 2008. cc w -I W JAMES 0 NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR C IP, ALL MUST SIGN.) TITLE (TYPED OR PRINTED) MEADOW AIR, LLC EXECUTIVE VICE PRESIDENT P. MILLER OF FLIGHT OPTIONS. LLC ACTING AS ATTORNEY-IN- FACT FOR MEADOW AIR, LLC 083041419427 r .00 10/30/2008 ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SDNY_GM_02758840 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245762 EFTA01330225

VimiCNI11:40 A110 ViS0Hr1)10 0; i ttla 0£ 130 900? ,.?:idous133a idvaaiv VVi iiiIM 03113 SDNY_GM_02758841 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245763 EFTA01330226

PORTA APPROVED CY Ha 240404 WITCO STATES OF MERCA DEPARIMENT OF TRAMPORTICIX04 PIDIPaL Ara rosroaditaral 10•03rovADINNATTCAT Marl AIRCRAFT MOOTITIATICM ',VOCATION CERT ISSUE DAM P-re LINTS) STATES PROSnienost MASER il mug a c AIRCRAFT MANUFACTURER a IACOEL Cowry 4104 W * Ajbateinrcraft v RX-260 FOR FM USE ONLY I.) TYPE OF REOTETTIATION (CAS caT 3a) 0 I. InOMOuel 0 a PolneteN0 0 & Captratee df 4. Cooaror 0 & Gent 0 13.N.oN.bas 3.-3 § NAME Of APPLICANT (Pstaort• drown pi Nano d aminNp 0 knot 0.. ism we. trot raw MO mikidlo m4SLI 1.) Air Ghislaine, Inc. 6.25% of 103% See Attarinent d&-fra q-ii--Cg) TELEPHONE FOANCTI: I ) WORM (Prorroliro M.. Iv nmemetestIemi)fe• 0 POT Is I.M. teems Melee mad OMR ChM" i do: Flight Option, LLC *RON erd Int 26180 Curt ss-Wight Patina Rini Rea P/3 Oa 01N Richrond Heirs STATE at DP 000E 44143 O CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS AlTENTIONI Rea thy following atatainant baton signing NM application. This portion MUST be compliant A Ism a OITTorost nor a aro pancr. A On roplcaon Tay be poutxis kr pasrorott by Tr* Pro' a roOnstrororo NS Cane* et ScSale ICOU " CERTIFICATION CERTIFY. 0) TTro NIP Oak Saul • rorod a to wagers./ applowt. 'eon d poesy cone* a ea Wad Soma Fa wow ouR Oro rood ol *vat I • CMOs ONE AS milmainwre • 0 A ROOM en um atm median Tam l.ITI ot from ASSN No De 0 pA noisiztv. ammo. orowancl ed tong baron ale Int Ion d ISOM lapare .'7,'.....=611112f1220‘42118tVEM Tiff ,11V44f41" "' (2) Timt R. Nero • Aol troastia0 fie Ms Torollt tont tod• *I rot ev, (3) Trol Tidal Nroworedroronho 0 SSW et No Own led MA S FANS I.e. isreinson NOTE: a sal ix covens** el smears mai son Use memo Se S nesters TYPE CM PAINT NAME BELOW SIGNATURE lig ta3NATURE mil Chief Financial Officert7 of Flight Opticns, LLC of 41 -/-t --a 6 a 5 ili Bruce Boyle acting as Attcrney-IrrFaeg for Mr Ghislaine, Inc. Igw SIONANARE TITLE DATE NOTE Palm Aroma 0 Oro Cetka MO Irokinron. Ih0 Trona be keep"). Ad In TO of mid O.0/00 enrol of 0pry. aroo Troth Oro v• Pint ceps se Re smear m — be ewes e non AC Fri Simi (903) (KIN*621K0 7) SIDNY_GM_02758842 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00245764 EFTA01330227

• Vi10/1V7)i0 ADO t'llOilV1)/0 9S Or IA 4r d3S 900? tog Vitn(038 LIV8381 gi ,VVd i111,N 1.1311i V SDNY_GM_02758843 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00245765 EFTA01330228

ATTACHMENT TO AIRCRAFTSEGISTRATION, APPLICATION Cietkelq-6-0K 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) Reg N. Model. S/N# Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II, LLC, Russ Trading, Inc. & Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Meadow Air, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto GY Flight Partners, LLC 6.25% of 100% Shown on Original form hereto Shiel Aviation, LLC 6.25% of 100% Shown on Original form hereto Mason Lampton 8 B. H. Hardaway, Ill 12.50% of 100% shown on Original form hereto Flight Options. LLC 6.25% of 100% Shown on Original form hereto Signatures Title: Date: Chief Financial Officer of Flight Options. LLC acting as Attorney-in-Fact for #2.3,4.5.6.7.8,9,10.11.12.13 Chief Financial Officer of Flight Options. LLC LLC for #14 9-o-cR Sy signing above, the applicant agrees and stipulates (I) to the terms, conditions and certification of the AC Form 8050-1 Aircraft Registration Application. to which this page is attached (the 'Application"). (II) that all of the information set forth on the Application is true and cuffed as of this date. and (III) the Application may be executed by the co-owners by executing separate counterpart signature pages. each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same application. SDNY_GM_02758844 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245766 EFTA01330229

VilOHY1)10 VII0HV1NO 9S Oi (JO Li d3S 800,3 SDNY_GM_02758845 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245767 EFTA01330230

FORM APPROVED N 212 2 UNITED STATES OF AMERICA I S: MABEE P TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE Tins oo Na Wine In FOR FM USE O Block NLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: UNITED STATES REGISTRATION NUMBER N 787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS il m DAY OF Stpt ., 2008 HEREBY SELL, GRANT, RANSFER AND DELIVER ALL RIGHTS. TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDMDUAL (S): GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) MASON LAMPTON AND B.H. HARDAWAY, III 12.50% 01 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS lir DAY OF &h, 2008. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR CO-OWNE : ALL ST SIGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC CHIEF FINANCIAL BRUC YLE OFFICER ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA "' ' AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition 082811048087 $5.00 09/17/2008 SDNYGIvl_02758846 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 C CD O O 8 0 0 0 0 O EFTA_00245768 EFTA01330231

VHOH,71)I0 A1.10 VIVOFIV1NO 9S OT IA LI d?S 900Z 38 1:.4‘7}131,117 r.i;h1 SDNY_GM_02758847 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245769 EFTA01330232

FORM APPROVED OMB NO. 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION1MM AVIABIN ADMONSTIAMII AIRCRAFT BILL OF SALE Do Not Wnt usehs Block FOR FAA ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNERS) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION NUMBER N 787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS i r t TH DAY OF &M ., 2008 HEREBY SELL, GRANT, T NSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDNIDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) SHIEL AVIATION, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS. AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS a IN DAY OF apf . 2008. NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR CO.OWNE IP. MUST SIGN.) TITLE (TYPED OR PRINTED) It W FLIGHT OPTIONS, LLC CHIEF FINANCIAL -J -I W BRUC OYLE OFFICER U) ACKNOWLEDGEMENT 'NOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SONY_GM_02758848 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 8 0 0 3 0 0 0 a a Do '0 EFTA 00245770 EFTA01330233

VI101O1)10 AllIVW0HY1N0 9S OT lifti LT OS 8002 :1;)11.1)ILS1938 spis3siv Vii HiltA 03111 _0 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, SDNY_GM 15, and 2758.349 17 EFTA_0024577/ EFTA01330234

TORN all) CAM No 21200342 IMMO STATES Of a DEPARTIEENT 00 TRANSPORTATION rani SYS AosoiTionnel ANKIIIIANCAL in NOINCINET AIRCRAFT REGISTRATION APPLOTOON CERT ISSUE DATE UNITED STAPES perwrnsAnOr truuSER Pi 7R7TA I AM WAY IAANUFACIUTAER • NOO6 RA m , I' AC No R(-260 FOR FAA USE ONLY TYPE OF REGISTRATION Orock asSal O I. InIrrldual O 2.Palbwohlp O & Corporation (1 4. Co-owner o s. Grit o 1.1".425." NAME Of APPLICANT (POTorr01 to... Co Wawa 0 marine II ISSAS 96, SI ,••••• PS AIM NV MiddlO POW 1.) Air Ghislaine, Inc. 6.25% of 100% Ilk See Attactrient did q- le-04 IlLEPHONE Mat I / ADDRESS Greararel ma albs lor IAN =ASS NM) ES P.O. tIOE Said. PATON. SOW SWAPO rroolso I do: ntoioptions, ILL 1........... 76180 Curtiss—Uric,* Parkway Rol RISE PO. Sri: CITY Itichrond Heights ewe OH DP COOS 44143 CI CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION? Read the following anent Wogs signing this application. Thle porton MUST be completed. A Ilso a atEnift was so fey o.omoo, met' apokaion MI/ CO wards b prnerron by ins ea. co mplooraort SAG Oa TNIO IG Soo Nov CERTIFICATION ....iv 0/ Tai II* So.* Iwo. • SY. , USS S a indium Inciafro cornortIl M PO INAS Rs For beg ow Oro mined Pain I or CHECK ONE AS APPROPRIATE • 0 A Haan oloo. Sin alion reoesko (RM. 1.151 or Form I.SSI1 No Delaware 0. Mr A norrOleon cosonTion <erred AS *PG banns wide Pe Ion 0 NINO NM 55 Itelli sar ctla kwyrairjnind S slid into US Sios nae. H.6500 rode.4 alt. - Prasecke at - .. Ca TINT to Stall le not WSW under Se Imo or WNW, SS. Ml or nee ma ortIsnoo ol oaronfAns reartoo a bow Vied wen to Napo ASom Arberastroor. NOTE: II emoted Is co-owntorshrp GI avOlcants must sIgn US. reverse std• d necessary. TYPE OR PRINT NAM BELOW SIGNATURE fig h a lit 1 Y B10N""R1E , Intl Chief Financial Officer °, of Flight Cptions, LLC 1 - 1O-1-0 g Bruce Boyle Ina acting as Attorney - Irt aFitt far Air Ghislaine, Inc. SiONATuRE 'ml # ( DATE NOTE Paying nap of no terfai• d An. Poosirolort Me Sal a s Mors in period nog in oaf d SO dye. Mg veldt laro the PAP ore or iris appIcsoon moil to Oliferf Sea Most AC Fan IOW MOM 100200-601-9007) SDNY_GM_02758850 pp D O 0 a 03 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245772 EFTA01330235

• • Notitri 113 tqloyy-bia S I • . C Gld 2r ,, ais Ise VVd -J3H.Livbas v rived arri.1 --ft • • • SONY_GM_02758851 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245773 EFTA01330236

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14 ) Reg #: Model. S/N#: Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II, LLC, Russ Trading, Inc. 8 Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Meadow Air, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto GY Flight Partners, LLC 6.25% of 100% Shown on Original form hereto Flight Options. LLC 25.00% of 100% Shown on Original form hereto Signatures: Title: Date: Chief Financial Officer of Flight Options. LLC acting as Attorney-in-Fact for #2,3.4.5.6,7.8.9,10.11 Chief Financial Officer of Flight Options. LLC LLC for #12 Ely signing above, the applicant agrees and stipulates (I) to the terms, conditions and certification of the AC Form 80504 Aircraft Registration Application, to which this page is attached (the 'Appecationl. (II) that all of the information set forth on the Application is true and cornet as of this dale. and (Ill) the Application may be executed by the co-owners by executing separate counterpart signature pages. each of which when so executed and delivered shall be an original. but all such counterparts shall together constitute but one and the same aPPliCabOn- SDNY_GM_02758852 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245774 EFTA01330237

VIIMIV1)10 ADO I/Hotly-1)w CS 1 Wd 31 d3S 61102 . . ... 7O.qt.31338/.Ou08,v vvd hum 03-fri SDNY_GM_02758853 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245775 EFTA01330238

DOCUMENT LEVEL ANNOTATIONS SOLD- NO CERT ISSUED SDNY_GM_02758854 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245776 EFTA01330239

SDNY_GM_02758855 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245777 EFTA01330240

FORM APPROVED OMB NO 2120-0042 UNITED STATES OF AMERICA U. S DEPARTMENT OF TRANSPORTATION MIMI AVIATION MICA= AIRCRAFT BILL OF SALE Do NW Wide In PHs Block FOR FAA USE ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION NUMBER N 787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS A m DAY oFSeet ., 2008 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL ) GY FLIGHT PARTNERS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS p ' DAY OF-Qiii ., 2008. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR CO-OWNE AU. SIGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC CHIEF FINANCIAL RUCE B LE OFFICER ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER, MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition 082581441427 $5.00 09/12t2008 C2 Ia O 0 S co O SDNY_GM_02 758856 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245778 EFTA01330241

tfki0/1V7)(0 ADO VilOktri)10 CSI bid or dm 9001 v 'is liveroury _ tr1114 (Elia SDNY_GM_02758857 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245779 EFTA01330242

U.S. DEPARTMENT OF TRANSPORTATION FEIN'S. V. AVIATION ADMINISTRATION CROSS-REFERENCE-RECORDATION ECORDED CONVEYANCE. FILED IN: NUM: 4I7LX SERIAL NUM: RK-230 Wit: RAYTHEON AIRCRAFT COMPANY MODEL: 400A AIR CARRIER: This form is to be used in cases where a convmance covers several aircraft and engines, propellers, or locations. File original of this form with the recorded conveyance and a copy in each aircraft folder involved. TYPE OF CONVEYANCE AMENDMENT TO SECURITY AGREEMENT (SUBSTITUTION) (SEE T068844, C008, PG 3) DATE EXECUTED 05/13/08 FROM PLASTIPAK PACKAGING MC DOCUMENT NO. WH000530 TOOK ASSIGNED TO BANK OF AMERICA NA DATE RECORDED JUL 07, 2008 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: Total Aircraft: I Total Engine:: 2 Total Props: Total Sparc Parts: N4 ITLX N787TA P & W JTI SD-5 PCE-JA0228 P & W JT 15D-5 PCE-JA0227 P&W C HI 5D-5 PCE-JA0287 P&W C JTISD-5 PCE-JA029I RELEASES NJ I 7LX AM) 2 P&WC ENGINES PCE-JA0228 & PCE-JA0227 AC FORM 850.24 0 46) (002404824000) SDNY_GM_02 758858 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245780 EFTA01330243

SDNY_GM_02758859 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245781 EFTA01330244

I hereby certify this is a true Certified Copy to be Recorded by FAA emu of Ant e NiCa. AMENDMENT TO PROMISSORY NOTE AND SECURITY AGREEMENT On this 15".1. day of rn Ot..44 , 2008, this Amendment to Promissory Note and Security Agreement (the "Amendment") is ma8c and entered into by and between Bank of America, N.A., a national banking association, as Administrative Agent ("BOA"), and Plastipak Packaging, Inc. ("Debtor"). WITNESSETH: WHEREAS, Debtor entered into a Promissory Note ("Note"), dated December 13, 2001, in favor of Raytheon Aircraft Credit Corporation ("RACC") in the original principal amount of Six Hundred Seventy Five Thousand and 00/100 United States Dollars (U.S. $675,000.00), in connection with the financing of that certain Raytheon Aircraft Company model 400A aircraft bearing manufacturer's serial number RK-230, United States Registration No. N417LX (formerly known as N753TA), and two (2) Pratt & Whitney (also known as Pratt & Whitney Canada) model JTI 5D-5 aircraft engines bearing manufacturer's serial numbers PCE-JA0228 and PCE-JA0227 (collectively the "Collateral"); WHEREAS, Debtor executed that certain Security Agreement dated December 13, 2001 in favor of RACC to secure payment of the indebtedness of the Note, as assigned by RACC to Raytheon Aircraft Receivables Corporation ("RARC") by the FAA Assignment dated December 13. 2001, and further assigned by RARC to Bank of America, National Association, as Administrative Agent by the FAA Assignment dated December 13, 2001, collectively recorded by the Federal Aviation Administration on February 13, 2002, as Conveyance No. T068844 (the "Security Agreement") covering the Collateral; WHEREAS, pursuant to FAA Assignment, dated September 22, 2003, the Security Agreement was assigned by BOA, as Administrative Agent under the Fourth Amended and Restated Purchase and Sale Agreement to RARC, further assigned to General Aviation Receivables Corporation ("GARC"), and further assigned to BOA, as Administrative Agent under the Fifth Amended and Restated Purchase and Sale Agreement, dated as of September I, 2003, recorded by the FAA on November 8, 2003, as Conveyance No. VV020384; WHEREAS, Debtor wishes, and BOA agrees, to amend the Loan Documents to replace the Collateral with new collateral and release the lien on the Collateral. NOW, THEREFORE, for and in consideration of the above recitals and the mutual promises, warranties, covenants, representations and agreements contained herein, and in the Note and Security Agreement (hereinafter "Loan Documents"), the receipt and sufficiency of which is hereby conclusively acknowledged, the parties agree as follows: 1. Unless otherwise defined herein, the capitalized terms as used in this Amendment shall have the meaning assigned to them in the Loan Documents. 2. BOA hereby releases all of its right, title, and interest in and to the Collateral, and all references to the Collateral are amended as follows (collectively hereinafter referred to as the "Replacement Collateral"): 20640 081341437543 $15.00 05/13/2008 SDNY_GM_02758860 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 0 0 2 8 8 a a a C. A- EFTA 00245782 EFTA01330245

VHOWI1A0 Alla VI-10117 1NO IT 2 Lid CI AN 9002 ?AB Vu valsto3e tivK V 'Ili HIIM 03113 SDNY GM_02758861 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245783 EFTA01330246

An undivided 12.5% interest in that certain Raytheon Aircraft Company model 400ft Serial Number RIC-260, Registration Number N787TA, together with all other property used in the operation of the Aircraft or reflecting use or maintenance of the Aircraft, including, but not limited to, all engines, propellers, instruments, avionics, equipment and accessories attached to, connected with, located in, or removed from the Aircraft, and all logs, manuals and maintenance records (The airframe is type certified to transport at least eight persons including crew, or goods in excess of 2750 kilograms). Aircraft Engines: Make: Pratt & Whitney Canada model JTI5D-5 (also known on the International Registry as .1715D Series); of at least 1750 pounds of thrust or at least 550 rated take off shaft horsepower; Serial Numbers PCE-JA0287 and PCE-JA0291 (also known on the International Registry as JA0287 and JA0291), together with any replacement engines. The term Replacement Collateral shall include any and all property included in the definition of an "airframe", "engine" and/or "helicopter as those terms are defined in the Cape Town Treaty. The term Replacement Collateral shall also include any and all owners agreements, management contracts, services contracts, interchange agreements, repair contracts, maintenance contracts, insurance contracts, leases, purchase agreements, bills of sale and assignments, and any other instruments, contracts, or agreements of any kind with respect to the Replacement Collateral including but not limited to the Promissory Note (collectively the "Contracts"). 3. In order to specifically subject the Replacement Collateral to, and confirm the lien of, the Security Agreement, Debtor hereby grants to BOA in accordance with the Loan Documents a security interest in Debtor's twelve and one-half percent (12.5%) undivided interest in and to the Replacement Collateral and further supplements the Loan Documents to add the Replacement Collateral to the terms thereof. To the extent the Replacement Collateral is subject to the Convention on International Interests in Mobile Equipment (the "Convention"), the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment (the "Protocol"), both signed in Cape Town, South Africa on November 16, 2001, as ratified by the United States, together with the Regulations for the International Registry and the International Registry Procedures, and all other rules, amendments, supplements, and revisions thereto (collectively the "Cape Town Treaty"), the Debtor further agrees and acknowledges this Security Agreement creates and constitutes an International Interest (as defined and provided for in the Cape Town Treaty) in the Replacement Collateral. Debtor hereby undertakes to perform all of its obligations under the Contracts. The terms "Administrator", "Contract of Sale", "International Interest", "International Registry", "Professional User Entity", "Professional User", "Prospective Contract of Sale", "Prospective International Interest", "Register", "Registration", "Transacting User Entity", shall have the meanings given them in the Convention or Protocol, as applicable. The term "searchable" shall have the meaning contemplated by Article 19 of the Convention. 20540 2 SDNY_GM_02758862 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245784 EFTA01330247

SDNY GM 02758863 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245785 EFTA01330248

4. Debtor Will Execute and Deliver Documents. Debtor will, at BOA's request and prior to finding hereunder if required by BOA, furnish BOA such information and execute and deliver to BOA such documents and do all such lawful acts and things as BOA may reasonably request as are necessary or appropriate to assist BOA in establishing, registering, validating and maintaining a valid security interest and International Interest in the Collateral and to assure that the Collateral is properly titled and registered and the security interest and International Interest perfected to BOA's satisfaction. Debtor will pay the cost of filing all appropriate documents in all public offices where BOA deems such filings necessary or desirable. 5. Regarding the Cape Town Treaty, (a) Debtor shall establish a valid and existing account with the International Registry, appoint an Administrator and/or a Professional User acceptable to BOA to make registration in regards to the Collateral, (b) BOA and Debtor shall register a rust priority Prospective International Interest in connection with the Collateral which shall be searchable in the International Registry to the satisfaction of BOA; (c) Debtor's Contract of Sale or Prospective Contract of Sale shall be registered and searchable in the International Registry, and (d) Debtor shall execute and BOA shall have received a fully completed and originally executed Irrevocable De-Registration and Export Request Authorization ("IDERA"), in the form required by the Protocol and acceptable to BOA and attached hereto as Exhibit A. 6. Default and Remedies. Upon Default as defined in the Promissory Note and in addition to the Remedies set forth in the Security Agreement and RACC Guaranty , as assigned to BOA, BOA may employ all remedies available to a secured creditor under the Uniform Commercial Code and those rights and remedies available to a creditor under the Cape Town Treaty (and Debtor affirmatively agrees BOA has all the rights and remedies granted a creditor under the Cape Town Treaty), including but not limited to (a) if Debtor is in possession, custody or control of the Collateral to enter Debtor's or any other person's premises and take possession of such Collateral; (b) to require Debtor to assemble and make available such Collateral at a location selected by BOA; (c) to sell, lease or otherwise dispose or cause the Debtor to sell, lease or otherwise dispose of the Collateral; (d) collect or receive any income, rents or profits arising from the management or use of the Collateral; (e) procure the deregistration of the registration of the Aircraft and export of the Aircraft to a jurisdiction of BOA's choice pursuant to the IDERA and as authorized by the Cape Town Treaty; and (f) apply for a court order authorizing these remedies. Upon Default BOA may also, pending final determination of its claim in any court proceeding, obtain speedy relief in the form of an order providing for (i) preservation of the collateral and its value; (ii) possession, control or custody of the collateral; (iii) immobilization of the collateral; (iv) lease or, except where covered by sub-paragraphs (i) to (iii), management of the collateral and the income therefrom; and (v) sale and application of proceeds therefrom. The requirements of the Kansas Uniform Commercial Code for reasonable notification to Debtor of the time and place of any proposed public sale of the Collateral or of the time after which any private sale or other intended disposition is to be made shall be met if such notice is mailed, postage prepaid, to Debtor's address, as shown herein, at least ten (10) business days before the time of the sale or disposition. After deduction of all reasonable expenses of retaking, holding, preparing for sale or lease, selling, leasing and the like, together with costs of collection, attorneys' fees and legal expenses of BOA, and after the payment of the principal and interest 20640 3 SDNY_GM_02758854 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245786 EFTA01330249

SDNY_GM_02758865 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245787 EFTA01330250

due under the Note, the balance, if any, of the proceeds of the sale shall be applied to the satisfaction of indebtedness secured by any subordinate security interest in the collateral of which BOA has received notice prior to distribution of the proceeds and after any such satisfaction of indebtedness, the balance, if any, of the proceeds of the sale shall be returned to the Debtor. Debtor shall be liable for any deficiency after application of such proceeds, to the extent permitted by law. If after a default by Debtor, the Collateral is returned to or recovered by BOA, Debtor agrees BOA may fly or otherwise move the Collateral for demonstration and other purposes reasonably related to a proposed public or private sale or other disposition of the Collateral. 7. Restriction on Transfer or Liens and Registrations. Debtor will not, without the prior written consent of BOA, sell or otherwise transfer or encumber the Collateral, or any interest therein, or offer to do so or remove or attempt to remove the Collateral from the United States. Debtor will keep the Collateral free from any adverse security interest, registration of any interest on the International Registry, lien, claim or encumbrance and will not permit the Collateral to be attached or replevied. Debtor shall not register any prospective or current International Interest or Contract of Sale (or any amendment, modification, supplement, subordination of subrogation thereof) with the International Registry without the prior written consent of BOA which may be withheld in its sole but reasonable discretion. Debtor shall not execute or deliver any IDERA to any party other than the BOA unless BOA agrees in writing. 8. Assignment. BOA may transfer or assign all or any part of its interest in this Security Agreement without the consent of Debtor or any other party (Debtor hereby consents to any and all assignments or sales of, or the granting of participations in, this Security Agreement by BOA or any assignee of an interest in this Security Agreement. Debtor shall not sell, assign, transfer, encumber or convey any of its interests in the Collateral or in this Security Agreement without the prior written consent of BOA. 9 Unless amended by the terms and conditions of this Amendment, the parties hereby (i) ratify all remaining terms and conditions of the Loan Documents, as if the same were restated herein, and (ii) confirm that the Loan Documents otherwise remain in full force and effect as to any and all collateral subject thereto, including, but not limited to, the Replacement Collateral. 10. GOVERNING LAW AND FORUM SELECTION. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF KANSAS. ANY LEGAL PROCEEDINGS RELATING TO THIS ASSIGNMENT SHALL BE BROUGHT IN THE EIGHTEENTH JUDICIAL DISTRICT AT WICHITA, KANSAS, OR THE UNITED STATES DISTRICT COURT OF THE DISTRICT OF KANSAS AT WICHITA, KANSAS, TO THE EXCLUSION OF ALL OTHER COURTS AND TRIBUNALS. NOTWITHSTANDING THE ABOVE, BOA (AT ITS SOLE OPTION) MAY INSTITUTE A LEGAL PROCEEDING IN ANY JURISDICTION AS MAY BE APPROPRIATE IN ORDER FOR BOA TO EXERCISE ITS RIGHTS AND REMEDIES UNDER THIS AMENDMENT. THE PARTIES HEREBY IRREVOCABLY CONSENT AND AGREE TO BE SUBJECT TO THE JURISDICTION OF THE AFORESAID COURTS IN SUCH PROCEEDINGS. 20640 SDNY_GM_02758866 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245788 EFTA01330251

SDNY_GM_0275131387 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFFA_00245789 EFTA01330252

I I. This Amendment constitutes the entire agreement between and among the parties with respect to the subject matter hereof. There are no verbal understandings, agreements, representations or warranties not expressly set forth herein and in the Security Agreement. All prior agreements and understandings between the parties are merged herein. Neither this Amendment nor the Security Agreement shall be changed orally, but only by writing signed by the parties. IN WITNESS OF the mutual promises, covenants and agreements set forth herein, the parties have caused their duly authorized officers to execute this Amendment at Wichita, Kansas, as of the day and year first written above. BANK OF AMERICA, N.A., PLASTIPAK PACKAGING, INC. 4414, a /....<-?e - By: kik>, +tiff By Name: Kathleen M. Carry Capacity: Vice President Name: lid:. e. J. riot-Lite Capacity: TregcurerieFo The undersigned assignors hereby release all of their interest, if any, in the collateral covered by the Security Agreement described above dated this l3µ' day of ftel t t , 2008. Raytheon Aircraft Credit Corporation Raytheon Aircraft Receivables Corporation Jennifer M. maze! Jenn r M. Wentzel Contacts anager Contracts Manager General Aviation Receivables Corporation Jennifer M. fentzel Contacts anager 20540 SDNY_GM_02758868 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245790 EFTA01330253

Vb401O110 V140HV1 %0 tt z ua Et NU Kez 18 N011 vt11.5 .1m 3 03% 1 (1 OO 1 '; -113 vivis SDNY_GM_02758869 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245791 EFTA01330254

DOCUMENT LEVEL ANNOTATIONS SEE RECORDED CONVEYANCE NUMBER T068844 ET AL DOC ID # C008 PG # 3 ORIG RETD TO IATS SDNY_GM_02758870 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245792 EFTA01330255

SDNY_GM_02758871 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245793 EFTA01330256

U.S. Department of Transportation Federal Aviation Administration Date of Issue: July 7, 2008 Flight Standards Service Aircraft Registration Branch. AFS-760 AIR GHISLAINE INC BERGEN SOUTHWEST STEEL MC ET-AL GO FLIGHT OPTIONS LLC 26180 CURTISS WRIGHT PKWY RICHMOND HEIGHTS, OH 44143-1453 HAND DELIVERED TO IATS IN THE PD ROOM P.O. Box 25504 Oklahoma City. Oklahoma 73125-0504 140519544206 Toll Free: 1-866-7044715 WEB Address: http:tegistry.taa.gov T085020 This facsimile must be carried in the Aircraft as a Temporary Certificate of Registration for N787TA RAYTHEON AIRCRAFT COMPANY 400A Serial RK-260 and is valid until Aug 06, 2008. This is not an airworthiness certificate. For airworthiness information, contact the nearest Federal Aviation Administration Flight Standards District Office. for Walter Binkley Manager, FAA Aircraft Registry, AFS-750 Federal Aviation Administration .VS•710-FAX4(1005) SDNY_GM_02 758872 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EF1'A_00245794 EFTA01330257

SDNY_GM_02758873 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245795 EFTA01330258

The Owners 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12 ) Declaration of International Operations listed below: Air Ghislaine, Inc. 6.25% of 100% Bergen Southwest Steel, Inc. 6.25% of 100% GrandlSakwa Transportation, LLC 6.25% of 100% John P. Hayes 6.25% of 100% Palisades Capital, Ltd 6.25% of 100% Missoe Capital, LLC 6.25% of 100% Elyton Properties. LLP 6.25% of 100% Parsow Management II, Lit. Trading, Inc. & Taurus Capital Management. LLC Cuss 6.25% of 100% Meadow Air. LLC 6.25% of 100% Plastipak Packaging, Inc. 12.50% of 100% Flight Options, LLC 31.25% of 100% as the owner(s) of aircraft N787TA Manufacturer Raytheon Aircraft Company Model 400A Serial Number RK-260 declares that this aircraft is scheduled to make an international flight on July 7, 2008 as flight number 1 departing Cuyahoga County Airport, Richmond Heights, OH with a destination of Peterborough Airport, Peterborough, Ontario Expedited registration in support of this international flight is requested this 2nd day of July 2008 with knowledge that. Whoever, in any matter within the junsdiction of the executive branch of the Government of the United States. knowingly and willfully makes or uses any false writing or document knowing the same to contain any malenally false, fictitious or fraudulent statement of representation shall be fined under Title 18 United Slates Code or imprisoned not more Thant 5 years. or both. 18 U.S.C. 1001(a) Name of Owner(s): See List Above Signature: Typed Name of Signer: Title James P. Miller Vice President of Flight Options. LLC acting as Attorney-In-Fact for # 1,2.3,4,5,6,7,8,9,10 Title: Vice President of Flight Options. LLC for #11 SDNY_GM_02758874 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 Accoplod VVFIJut/07/2008 EFTA_00245796 EFTA01330259

vwovivimo hS OT WH t W. SDNY_GM_02758875 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245797 EFTA01330260

F. APPROSED OM Ns TIMES UNITED STATES Cf MERICA DEPORTMENT Of ITIMSPOITEXTION IAA - Museenuatrame SIONIONEY AMOIMITCAL COMM MICRO" REGISTRATION APPUCATIEN CERL ISSUE DATE SMITE° STATES ii REcarturce. NUMBER El 787TA MERAPT MANUFACTURER. 61000. Airrraft Frapary 4110% Amaathonn SERIN. No. FIX-260 FOR FM USE ONLY TYPE Cf REEMITIVEION (CMS a LSI 0 T. IFIRAIAS 0 E. PIErtenlip 0 & CODOISIee 9 (4. CO-ORTS 0 & GM I3 & Wreak°. NAME Of APPLICANT ) nmai Sc.. An &Mtn cr calher IT rretraL4 OM N MOW OM ROW AM toNdlt Wet 1.) Air Gnislaine, Inc. 6.25% of 100% • (!! Attacluent. da4..ed 7_ 3-0?) TELEPNONE NUMIER: I ) ADORERS (Pray' in nernaddrets 10/ In trbp...rviv. tee mot phytICS Wren mum abbe Muni Mints and tempi 26189 Curtiss-Wight Parkway .. R... Ron PS Ear CRY Ri &nerd Heights STATE 01 DP CODE 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION' Read the following statement Offore signing this application. This portion OUST be completed. A fake or eleN)neel wenn a wry piny:, •r, IT,. Kokomo n"., to Ward* Me PeamMO 0/ OMO IMO la inprornent (US Con. Tele Y. Sec Not/ • CERTIFICATION IWE CERTIFY (I) MN Ow am.. won • crane by Po urowetped simieset eta It e Mum ace-. caponlio0 *I me Wei Sent (Pot men; Ole Da An of mislit I Cr CHECK 011E AS APPROPRIATE a 0 A resew Om we. Men requester. Rem s.151 Co PPM 1-$11) .M. a S itralialo 014Wal WSW al deans banns tinder lee Inn el lanDPIMENV ImPleos esMiltrb2frn argEnCeatirEner,ttl 1411, P'" PI The ea wom it r Awirwee wee EN Lem or err Meer cone. AM SI Due INTO enerce el Rat?* 6 snow) 0 nas born Ma ren Pm REIM Mem Arrnarrnon NOTE: It ace0.000 /Or CO-Ormertnp an appticants must W. Use rows. ide 0 necessary TYPE OR PRINT NAME BELOW SIGNATURE fp i 3 ll Ig MONATURE TME Chief Financial Officen of Flipt Options, LLC 1-3-0? TnuE acting as Attorney- -haet for Air Ghislaine m , Inc. Bruce Boyle luswale mut 0 1 DATE ROTE Map MOW a IM OIRIN•le 0 Mena IMPRIMA Pre &mei tree be MOMS for a paled owl It ASSISI Gala Orono RNA MN Or PINK cm al PR apekebon nal to cane Is Rs Mole PC Pr MO') (5.93) f00520142H027) SDNY_GM_02758876 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245798 EFTA01330261

• • hS OT WY £ 1111' 601 SDNY_GA4_02758877 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245799 EFTA01330262

ATTACHMENT TO AIRCRAFT REGIVRATION APPLICATION dalfcl 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14 ) Reg #: Model: Si Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II"Russ Trading, Inc. 8 Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Meadow Air, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto Flight Options. LLC 31.25% of 100% Shown on Original form hereto Lte- Signatures: Title. Chief Financial Officer of Flight Options. LLC acting as Attorney-in-Fact for #2.3.4.5.6.7.8.9.10 Chief Financial Officer of Flight Options. LLC LLC for #11 Date By signing above. the applicant agrees and stipulates (1) 10 the limns, conditions and certification of the AC Form 8050.1 Aircraft Registration Application. to which this page is attached (the "Application,. (II) that all of the infomunion set forth on the Application is true and tunnel as of this date. and (III) the Application may be executed by the co-owners by executing separate counterpart signature pages. each of which *ten so executed and delivered shall be an original. but aN such counterparts shall together constitute but one and the same application. SDNY_GM_02758878 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245800 EFTA01330263

V!40141/ 1 ki . ....s, hS n't i,j C aq E SDNY_GM_02758879 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245801 EFTA01330264

0140 NO. 2120-0042 UNITED STATES OF AMERICA it FEMITIENT Of TRANSPORTATIONHIRAI AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: UNITED STATES REGISTRATION NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS 26TH DAY OF JUNE, 2008 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: FORM APPROVED O 0 0 8 8 a. r. Do Nol Wide In Inn Block FOR FAA USE ONLY NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 26180 CURTISS-WRIGHT PARKWAY RICHMOND HIS., OH 44143 6.25% OF 100% 081851104395 $5.00 07!03/2008 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 26TH OF JUNE, 2008. HI HI NAME (S) OF SELLER (TYPED OR PRINTED) GRAND/SAKWA TRANSPORTATION, LLC SIGNATURE (S) (IN INK) (IF EXECUTED FOR COAWNERSHI 4LL MUST SIGN.) TITLE (TYPED OR PRIMED) CHIEF FINANCIAL OFFICER OF FLIGHT OPTIONS. LLC ACTING AS ATTORNEY-IN- FACT FOR GRAND/SAKWA TRANSPORTATION, LLC ACKNOWLEDGEMENT INOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SONY_GM_02 758880 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245802 EFTA01330265

hS OZ IN; SDNY_GM_02758881 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245803 EFTA01330266

PORN APPROVED OM Rp 25114104 UMW EMU OF MS DEPARMENT OF INANSPOROC11011 POIIIRAL SOON •••••1111•15040M 1•01•101.0 ASPINAVIICAL CERT. ISSUE DATE 0PM A FT RECIESTAATION APPLCATION tamp SIMS &I FE0STWO. mean n 787TA AIRCRAFT IIAMJPACTURER A 1.10m. Rma‘thann Aircraft AI. rot 400A Afo NEW No. (-260 FOR FM USE ONLY ME OF REOISINATION 10.00 a 524 O I. E100001 O T. l'annIONO O a Cap:talon fit Commit El 5. Govt a 8,0•010" NAME OF Appucart (M1ngeol /an ce, *moon .__J4. • IreAtIat 0.• NO Mot No es. ow ea 5400) 1.) Air Ghislaine, Inc. 6.25% of 100E Illit See Attadrent dated, s-p-1-010 ITSEPTENTE NUMBER I I ADDRESS clinnoreet Rang ORS SW pralbero ir tlailfirek ICE Ili Olt pen•ked address num See be shown / C/0: ions, LIC Mote we PM 26160 art ss-Wight Parkway Raul Roues ro ow CM Richland Heights STATE OH DP COES 44143 El CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTIONI And the following statement before signing this application. This portion MUST be completed. A 1•115 a dams we to Ary Rase ,r, fl , sportnon nee to erounb b' prreevel Or M AAA I Cl sremeoffiTare la CS TR. It S.c KAM • CERTIFICATION 5* emit by re 0.. bootee. Sneed% m••'••-NI1 DI The tow s o.nod unIsnigned WpIcent. 115 USW Sim rer .0Ing out 0.e Arne 0 sum* A or CHECK CAE AS APPROPRIATE' A CI A SRAM S Mb Yen footemea (few 1451 Cl ow. 1-5511 No At rareienn arpsnAce crgerdis0 are dohs Winne WS Re Owl 0 IINIPelavere 9LA iippoon •Adeskfaberill o StittaMArar liciruitrr arri ... 10•19. ER The/ Fn 405011s 'CI neielve• wid Me Ise 0 Ilay onaran We 1311T0 legal MOM al oarene5 • ellacRed a Ass Ow Red .01% Ite %PM ENS Arawleirelon NOTE: II niefIlad to areenerefre at sodium% mat epee the reverse d I canary TYPE OR PRINT NAME BELOW SIGNATURE . Iii 6 a ill i V leatelu~r Tine Chief Financial Office of Flight tenons. a -cal .-1+111( Bruce Boyle mUacting as Attcrney-in for Air thislaine, Inc. tEltann e RAE tit/ OM OCTE Pray NOS MIN CellioNe olaball Realebilicas I, keel ., be was Ia • on RS Si eve 0113 OSA 0015 WA toe le PINK la SING •p01001.5 inal be CRAW Si I% noel. PG FM SW MOM PESTIGIMIMOM SONY_GM_02758882 O Po T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245804 EFTA01330267

VIIONV -DIO ALIO TWOHV 1510 9C L WH 6T AtIld be NOII v 813,93d VVi HIIM 03113 I SONY_GM_02758883 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245805 EFTA01330268

4e- ATTACHMENT TO AIRCRAFal g2TFtATI0I APPLICATION 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) Reg #: Model: S/N#: Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto Grand/Sakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto Grand/Sakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II, Russ Trading, Inc. & Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Meadow Air, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto Flight Options. LLC 25 00% of 100% Shown on Original form hereto Signatures: Title: Date: Chief Financial Officer of Flight Options, LLC acting as Attorney-in-Fact for #2,3,4,5,6,7,8,9,10,11 Chief Financial Officer of Flight Options, LLC LLC for #12 • 8y signing above, the ap:pli . cant agrees and stipulates 1) to the terms. conditions and certification of the AC Form 8050-i Aircraft Registration Application, to which this page is attached (the 'Applicationl (II) that al of the information set forth on the Application is true and correct as of this date, and (III) the Application may be executed by the co-owners by executing separate counterpart signature pages, each of which when so executed and delivered shall be art anginal. but all such counterparts shag together constitute but one and the same application. SDNY_GM_02758884 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245806 EFTA01330269

VHOW71)10 A110 V1.10HV 1)10 9C L WH III AFILI 8001 119 HOUvU1SIOlt VV3 HUM 03113 SDNY_GM_02758885 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245807 EFTA01330270

DOCUMENT LEVEL ANNOTATIONS SOLD SDNY_GM_02758886 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245808 EFTA01330271

SDNY_GM_02758887 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245809 EFTA01330272

FORM APPROVED OMB NO 2120 0O42 UNITED STATES OF AMERICA U.S. OFPARTWE Of TRANSPORTATION TEDIRM. AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- l•MIDCLJ MO ruu.uvv : Not Tilts Elba FOR Do Write In FM USE ONLY UNITED STATES REGISTRATION _NUMBER N787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS em DAY OF MAY, 2008 HEREBY SELL, GRANT. TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL) FLIGHT OPTIONS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HTS., OH 44143 081350744306 $5.00 05/14/2008 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 5TH OF MAY, 2008. re to ..I y RUC NAME (S) OF SELLER (TYPED OR PRIMED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR COOWNERSH L TITLE (TYPED OR PRINTED) CORONADO& MICH.) CHIEF FINANCIAL OFFICER ASSOCIATES, LLC BATE OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY-IN- FACT FOR CORONADO & • ASSOCIATES, LLC ACKNOWLEDGEMENT INOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SDNY_GM_027588B8 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 0 O 3 • II a O 0 3 EFTA_00245810 EFTA01330273

V WOW/1)10 A110 V HOWVINO Ye L WB hi hal 80112 as NOI1V81.5103d VV3 H.LIM 03113 SDNY_GM_02758889 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00245811 EFTA01330274

Mau APTROET0 OW No ii2OCtic UNITED STATES Cf PACRCA OERtamoon Of TRAMPORVIal font Mums AtmensmtatS CERT ISSUE GATE INOMONET AMERTARees ConeR MOW! PEOtSTREIION OPPUCATION uSTED STATES m PI arnmnon IMIMEn ygnA AIRCRAFT IANAJFACTURER A at Aircraft r/TrilATO, SMA Astgaheon SERIN Na RX-260 FOR FM USE ONLY roma IMOMManew omit an Sod 0 I. IndMillosl 0 T. PannITTIM 0 A Offpwalica 04. COObrolf 0 5. Oval- 0 t ."41..." NAPE Of APPUEAPIT "an* Sc... o-. Nero o/ oast* IT VeAllut $S alll TRIM WARTS RS SOS, MOT 1.) Air Ghislaine, Inc. 6.2E4 of 100E • (See Attackrent 6-(01/4.4..ect 5-- i.3 -OR ) mace igu..0, ( , ALUMS itiovonwal moire ass 07 IbTi1 • a Ss MO Mb um/. oak* a we Yowl I t I ore, LU. Wear RV Sit c/o: 26180 Curt'ss-Wight Parioey Soil ARS: PAS Sat. Itichrond Heights MT OH Z• cot* 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTIONI Read the following statement before signing this application. This porton MUST be completed. A tat a dsksool sac a* am wan I, INS ajOESIOn -et to ("1":1% tO, purillwrIMI by fre grd n rr , Ore.. IttEL Coda TIN It Sc 10211 • CERTIFICATION EWE COMFY ill The Nab. sirroiloo•nAl try to .rOonbroi IIPPItort ote a ea Ala HORSES COONS* of Ss Wool Stein ea was Wit Om nwn• or now I. a CHEER ONE AS APPRCOEUTE • QA mem, abn we lien NeOlaba Orr ti ll or in 1461) No b. ollial fa The TYPE Agawam coma/Jon toprorof and Wing and Nil Olorotif NOS Wprey 'spline* SWIM RI -26180-CinSTA4- •Ot- E4 S lo to flopoind title( ON Ian at epee saes Cl not. N Ofachol a No NOTE: II emecued Mr co-ownwstm fa simian% OR PAW NAME mow 8101901" tuns vole( Po Iwo al Mal ....DelaVere_ ._ UST Segos Roma. of We no‘n on avirlabh. Ice Fits., OH 44143 RN Mart may. ard boon lea act IN Tsai etrtiCe AOmnnwalt. musi Sign WO remise We d net.5.14.) , In 1.31fria • ' a " . ' A - . , , .17, Chief Financial Officer" .. of Flight Options, LW S/3 D& K ' ALIA indent b lp • ... :* Z J 0 1: , Bruce Boyle Ina: acting as e for Air Ghislaine, Inc. 1 1 Wamiln 4* I OVE MOTE Penang wets ate Ca kel* Cl AMIN Itogioiralin. to SeS moo to owed lor • prof en A oats Cl fit dam agog son, ono Ow PORI copy a OR ORRIT•000 mull OD MOW In ISO UM" AC EOM b60.1 (5,03) (0:62.00426-9007) SDNY_GM_02758890 O -J n.) T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EF1'A_00245812 EFTA01330275

a 4 41; irgelti o0 I Oil 1-1.("ii cer), Sa /1/8/4 am A Jr:MI .149DM i. . E hid CT AIM WIZ IlttNOliVal MS1ita 934 V VA anti SDNY_GM_02758891 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245813 EFTA01330276

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION cirLdrd 5-13-02 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) Reg #: Model: S/N#: Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Onginal form hereto GrandlSakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto Coronado & Associates, LLC 6.25% of 100% Shown on Original form hereto Grand/Sakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow4henagement-N, Russ Trading, Inc. & Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Meadow Air, LLC 6.25% of 100% Shown on Original form hereto Plastipak Packaging, Inc. 12.50% of 100% Shown on Original form hereto Flight Options, LLC 18.75% of 100% Shown on Original form hereto Parsou) Mosayntriti- aG, Signatures: Title: Date: Chief Financial Officer of Flight Options, LLC acting as Attorney-in-Fact for #2,3,4,5,6,7,8,9.10,11,12 Chief Financial Officer of Flight Options, LLC LLC for #13 6-/3-,0 513-O? By signing above. the applicant agretil:and.Siii.tulitis (I) ici.the lens: ;onditions and °edification of the AC FOIM 80504 Aircraft Registration Application. to which this page is attached (the *Application (II) that alt of the information set forth on the Application is true and correct as of this dale, and (III) the Application may be executed by the co-owners by executing separate counterpart signature pages, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same application. ' \ SDNY_GM_02758892 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245814 EFTA01330277

A IP-1,9H v 7 Y 9 • !• 8° 21 ild ad' ti 01' • C VHOHVD10 A113 VHOWI1X0 TT 3 hid ET MU HOZ lie 14011 V 81519311 1 3VE3? V VA HIAM 03113 SDNY_GM_02758893 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002458 I 5 EFTA01330278

DOCUMENT LEVEL ANNOTATIONS SOLD SDNY_GM_02758894 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002458 I 6 EFTA01330279

SONY_GM_02758895 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002458 I 7 EFTA01330280

FORM APPROVED OMB NO 2120-0042 UNITED STATES OF AMERICA ILL MACAW IF IIIIIMPSMDM FROM AMID AMMITRAMII AIRCRAFT BILL OF SALE , Do Not Write In This Block FOR FM USE ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION NUMBER N 787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS 13 " DAY OF N7 HEREBY SELL, GRANT, T DELIVER ALL RIGHTS, TITLE, IN AND TO SUCH AIRCRAFT ., 2008 SFER AND AND INTERESTS UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (5). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL ) PLASTIPAK PACKAGING, INC. 12.50% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 081341436531 $5.00 05/13/2008 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS /3 DAY OF MAJ., 2008. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF EXECUTED FOR CO-OWNER ALL T SIGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC CHIEF FINANCIAL " BRU YLE OFFICER . .. ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FAA RECORDING. HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF•THE INSTRUMENT. ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition 9043114990,13,„-, 449-96--6511-41-2deer O 8 2 0 0 a 0 0 SDNY_GM_0275B896 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245818 EFTA01330281

VHOHCMIO A110 VHOHVI)10 TT Z Lid £T AN iI 2 NORVELSIO3d 1.4VEL: V VA 141.IM C13113 SDNY_GM_02758897 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _00245819 EFTA01330282

Fate *MOM OS No 140404 talITCO IMO Or AMITRICA OEPIATMOIT OF TIONSPORIRMIN RIIIMinitali senTraTawarri CERT. ISSUE DATE revcan salowaliita on MRCS/a PROISTROON AP"x"11ON &WO awn Le remeneesoe MAIM Iti 78711 MICR."( VAPIa 4 MODEL ' ft C^Ipe1y Anaa Aa TAI AK-260 FOR MA USE ONLY TYPE OF REONMW10/1 (Oa a al O & Sat 0 2 Pertnethp 0 &COWS.. c# 4. Cc-emler 0 S. Gat 0 e a ' MME OF APPUCANT (Pears) town cn enclose o/ onl•nhip a Vete% Il•• ..01 my* ••••••• wei male Me 1.) Air Ghislair*, Inc. 6.25% of 100i • (See Attactrrent c(akci t4 - I s -o2) MOTOR MAW ( I ADDRESS pfearesi tare was ice Flair how t • swam axe was area rasa sea be Ortraal go: Options, LW wriber Ind lent 26180 Curt ss-Wright Parkway we Rae PO a CITY Riclmond Heights mot OH re COCK 44143 o CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION I Reed the following statement DOOM signing this application. This portion MUST a completed. A WNW aliONNII sees b any SST, n IIns .presto. nay is Wong. 10. PunOme4 DI fn. An a I- Oncow*Al NA Ca* T•• W. Sec lta • CERTIFICATION NVE cense (II MN ilie awe — if oweeteeff iimemer.14 St a • • arm Nabs anwelial el at Leda Slia (Per CYO Owl OM Fee el sa. 1 cr. GEM ONE AS PaROPRLES • 0 A gala ea a Sin ropignakel (Fenn ITN a' IASI) N. a W:ndratema WRIST agent* w0 tuldni•S under OA NM OI Pal elisace____ ...„,renerstiwititerimr. "tett fterriliFIltar 4' P1 Ms of area • at lion air NI Nana war el my may. are IN The isoel Nara 0. 001.0•0 • sea • NM fa Reif es a Fess AWACS Pamentet NOTE: ll eliatited b OPOwileap IS appland must Use name ate a ne:Gelert TYPE sign OR PAINT NAM BELOW sonatina Ili ainigallig ma Chief Financial Officer of nicht Ootices, LLC Oa 44.15.08 b I III Boyle nitE acting as Atte:Riley-in-ISM far Air Chislaine, Inc. 1 I INOIWURE Ma 4fr/ one Hon r alone alba el Pawn Nedelifila ire Oak ow be wad bewail a in mew or 90 Cwt, sal era Wre S. nil C•PILIS et Weleelim null be oaf In or am AC Fain IOW aO3) (035240432•4007) SDNY_GIL1_02758898 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00245820 EFTA01330283

VI-10HVMO A!!3 VI4OPV1X0 60 71 lid SI 8d9 800? 69 fiCiLv:I.P>103klliV:iltn: :i I41IN, 031iJ SONY_GM_02758899 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_0024582I EFTA01330284

ATTACHMENT TO AIRCRAFTEREGISTRATION APPLICATION atied 445-0? 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 1g.) 14.) Reg #: Model S/N#: Name of Applicant: N787TA Address: Raytheon Aircraft Company 400A RK-260 Owning an undivided Interest of: Bergen Southwest Steel, Inc. 6.25% of 100% Shown on Original form hereto Grand/Sakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto Coronado & Associates, LLC 6.25% of 100% Shown on Original form hereto Grand/Sakwa Transportation, LLC 6.25% of 100% Shown on Original form hereto John P. Hayes 6.25% of 100% Shown on Original form hereto Palisades Capital, Ltd 6.25% of 100% Shown on Original form hereto Missoe Capital, LLC 6.25% of 100% Shown on Original form hereto Elyton Properties, LLP 6.25% of 100% Shown on Original form hereto Parsow Management II, Russ Trading, Inc. & Taurus Capital Management, LLC 6.25% of 100% Shown on Original form hereto Meadow Air, LLC 6.25% of 100% Shown on Original form hereto Flight Options, LLC 31.25% of 100% Shown on Original form hereto Signatures: Title: Date: Chief Financial Officer of Flight Options, LLC acting as Attorney-in-Fact for #2.3.4.5.6.7.8.9.10.11 Chief Financial Officer of Flight Options. LLC LW for #12 ii-cs-o7 By signing above, the applicant agrees and stipulates (I) to the terms. conditions and certification of the AC Form 8050-I Aircraft Registration Application, to which this page is attached (the 'Application-I. III) that all of the information set forth on the Application is true and correct as 01 this date, and (Ill) the Application may be executed by Ina co-owners by executing separate counterpart signature pages, each of which when so executed and delivered shall be an original, but al such counterparts shall together constitute but one and the same application. SDNY_GM_02758900 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245522 EFTA01330285

SIWOHVINO A.LI3 )10 60 ZT Lid ST NdU Pal VG tiOlIVVLS103:; LI? G,Y.r.' 'iv om.4 SDNY_GM_02758901 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245823 EFTA01330286

DOCUMENT LEVEL ANNOTATIONS SOLD SDNY_GM_02758902 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245524 EFTA01330287

SDNY_GM_02758903 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245825 EFTA01330288

FORM APPROVED OMB NO 2120-0042 UNITED STATES OF AMERICA - U.S. DEPARTMENT OF TRANSPIDEADON MIMI AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE Not WrAe This Oo FOR FAA In USE O Block NLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- ' CRIBED AS FOLLOWS: UNITED STATES REGISTRATION NUMBER N 787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS 19' DAY OF APR., 2008 HEREBY SELL, 'GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS OF ireivioun. ($). GIVE LAST NAME. FIRST NAME. AND MOLE INITIAL.) i . • PARSOW MANAGEMENT II, Lie-, R-1.65-1170441A5ine-• 6.25% OF 100% & TAURUS CAPITAL MANAGEMENT, LLC 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 8" DAY OF APR., 20.0.8_._ ccw ...I W •BRU (0 NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) pN wag (IF EXECUTED FOR CO-OWNE AL ST SIGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC CHIEF FINANCIAL E YLE OFFICER ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT. ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SDNY_GM_02758904 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 8 1 O CO 0 a ffi g V 0 EFTA_00245826 EFTA01330289

dHo Alto vt4ok, viko 60 21 gg rj$: as 43. C SDNY_GM_02758905 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00245827 EFTA01330290

FORM APPROVED OMB NO. 2120.0002 UNITED STATES OF AMERICA DEPARTMENT OF TRANSPORTATION FUGAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: UNITED STATES REGISTRATION NUMBER N 787TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-260 DOES THIS i 5TH DAY OF APR., 2008 HEREBY SELL, GRANT. TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: Do Not Write In This Block FOR FM USE ONLY PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME. FIRST NAME AND MI COL E INITIAL ) MEADOW AIR, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 081061213284 *5.00 04/15/2008 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS. ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER. AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS S I" DAY OF APR ., 2008. SELLER NAME (5) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INN) (IF EXECUTED FOR CO-OWNE L T IGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC CHIEF FINANCIAL BRUCE B YLE • OFFICER ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA . I. ' AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SDNY_GM52758906 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 O U 0 O a O in EFTA_00245828 EFTA01330291

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