iJ 41 ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION (alia/07 Reg /I : N793TA Model: Raytheon Aircraft Company 400A Sthltk RK-244 Owning an undivided Name of Applicant: Interest of: 1.) Southeastern Mills, Inc. 12.50% of 100% 2.) Robert Kettler 6.25% of 100% 3.) Samair, Inc. 6.25% of 100% 4.) Ascent II, LLC 3.125% of 100% 5.) Prime Time Associates, LLC 6.25% of 100% 6.) Dockery Leasing Corporation 6.25% of 100% RAF Real Estate Services. LLC 12.50% of 100% JHPH, LLC 6.25% of 100% George H. Davis, Jr. 3.125% of 100% Emeril Air. LLC 6.25% of 100% Air Leader, Inc. 3.125% of 100% Signatures: ea Address: Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Title: Dale: Chief Financial Officer of Right Options. LLC Acting as Attorney-in-Fact for #1.2.3.4.5.6.7.8.9.10.11 lahato By signing above. the applcant 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 'Applcation*). (II) that all of the information set forth on the APP/Callen is true end curred as of Ives dale, and (1B) the Application may be executed by the cisouners by executrg separate counterpart signature pages. each of which )(Awn so executed and delivered shall be an original. but ae sijch CounktrPail$ Shall together constitute but one and the same applicaben SDNY_GM_02755949 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024287 I EFTA01327987

• • VHOWI1NO ZI ZI ZI 311LO. . ..„,q03c.3:Q03r4 Y tiiiirk SDNY_GM_02755950 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242872 EFTA01327988

CERTIFIED COPY TO BE REcnRnFo By FAA 5 '4 FAA RELEASE {72 z o a Raytheon Aircraft Credit Corporation (the "Secured Party") as secured .2 a a party under the Security Agreements described and defined on Exhibit A attached hereto, -,) z a hereby releases from the terms of the Security Agreements all of its right, title and interest 3 a s in and to the collateral described in the Security Agreements. a Dated this s21 day of March, 2008. 9 RAYTHEON AIRCRAFT CREDIT CORPORATION I herebycmify S I hve compared this document with the otiginel ad it is a mead ems copy Scot e-4-4-0.2( By: Name: Name: Title: _7)nnisran4 /gnat.< SDNY_GM_02755951 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _0024.2873 EFTA01327989

VHOHVlW0 A113 V140W11)10 33 I Lid I HAIM al: ROIL: tiSICH t f 3 HAIM &3113 ,:non : ' •—• •••• .• 4 • :tier SDNY_GM_02755952 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242874 EFTA01327990

EXHIBIT A Security Agreements Supplemental Aircraft Inventory Security Agreement dated as of Junc 13, 2003, between Raytheon Aircraft Credit Corporation ("RACC"), as secured party, and Flight Options, LLC ("FOLLC"), as debtor (with the Amended and Restated Aircraft Dealer Floor Plan Financing and Security Agreement dated as of June 12, 2003, between RACC and FOLLC, attached thereto), recorded by the Federal Aviation Administration (the "FAA") on July 17, 2003, as Conveyance Number S 122733; Supplemental Aircraft Inventory Security Agreement dated October 4, 2004, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 7, 2005, as Conveyance No. YY039873; Supplemental Aircraft Inventory Security Agreement dated November 3, 2004, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 25, 2005, as Conveyance No. YY040015. References to the above described agreements include any agreements attached thereto, incorporated by reference therein. or described therein referencing liens. encumbrances or security interests in favor of RACC. (collectively the "Security Agreements"). SDNY_GM_02755953 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242875 EFTA01327991

VH0WV1N0 A113 VHOHV1M0 Z3 t bid VE NOV/111503d ir/ t";;:/ 111th‘ 0311d SDNY_GM_02755954 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242876 EFTA01327992

DOCUMENT LEVEL ANNOTATIONS ORIG #2903 RET'D M&T SEE CONVEYANCE YY039873 DOC ID C311 PG 3 N418CW SEE CONVEYANCE #YY039873 DOC ID C330 PG 5 & YY040015 DOC ID C330 PG 1 N870BB SEE CONVEYANCE YY039873 DOC ID C312 PG 11 N56FF SEE CONVEYANCE #YY039873 DOC ID C333 PG 25 N462CW SEE CONVEYANCE #YY039873 DOC ID C375 PG 5 N482RK SEE CONVEYANCE #YY039873 DOC ID C343 PG 79 & YY040015 DOC ID C343 PG 67 N787TA SEE CONVEYANCE #YY039873 DOC ID C329 PG 41 N793TA SEE CONVEYANCE #YY039873 DOC ID C344 PG 15 N805LX SEE CONVEYANCE #YY039873 DOC ID C322 PG 13 N821LX SEE CONVEYANCE #YY039873 DOC ID YY039873 DOC ID C324 PG 5 & YY040015 DOC ID C324 PG 1 N800VR SEE CONVEYANCE #YY039873 DOC ID C316 PG 1 N862CW SEE CONVYANCE #YY039873 DOC ID C330 PG 1 N21LL SEE CONVYANCE #YY039873 DOC ID C319 PG 1 N711AW SEE CONVEYANCE #YY039873 DOC ID C343 PG 7 N619TA SEE CONVEYANCE #YY039873 DOC ID C316 PG 29 N61HT SEE CONVEYANCE #YY039873 DOC ID C316 PG 27 N481CW SEE CONVEYANCE #YY040015 DOC ID C321 PG 15 N445PK SEE CONVEYANCE eYY040015 DOC ID C320 PG 1 N449LX SEE CONVEYANCE #YY040015 DOC ID C330 PG 5 N441LX SEE CONVEYANCE #YY040015 DOC ID C315 PG 1 N384EM SEE CONVEYANCE #YY040015 DOC ID C325 PG 1 N523PB SEE CONVEYANCE #YY040015 DOC ID C314 PG 37 N620RM SEE CONVEYANCE #YY040015 DOC ID C320 PG 1 SDNY_GM_02755955 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242877 EFTA01327993

SDNY_GM_02755956 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242878 EFTA01327994

00036317 CERTIFIED COPY TO BE RECORDED BY FAA FAA RELEASE VEX Dated as of November Kivu/ANCE RECORDED Raytheon Aircraft Credit Corporation hereby (i) releasetcrqwrihgclerrpflofithefncumbrances described and defined on Exhibit A attached hereto, all de l& Het:lite an interest in and to any and all collateral described in and subject to the Encumbrarf titchdin,g0tcrOt limited to any aircraft, engines, propellers, lease agreements, spare parts (at wit§criaskpfultsappliances (at all locations)) and (ii) confirms that the Encumbrances and any lens and security interests created thereby are hereby terminated. AJ72300:47.2 (114:.1 Attie $1.1 Al w-T [The remainder of this page is intentionally left blank] SEE RECORDED CONVEYANCE NUMBER Tr 0) 3144 DO= C3c3 PAGE4L SDNY_GM_02755957 I, SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242879 EFTA01327995

VHOHVlN0 9E II WU I, 030 LO. G3lid SDNY_GM_02755958 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242880 EFTA01327996

This FAA Release was executed as of the date noted above. A/72300147 2 RAYTHEON AIRCRAFT CREDIT CORPORnTION By: 04 Name: P4V/O 4. WiLZ-1/1/13 Title: Vi - Co V A/JCL— SDNY_GM_02755959 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 0024288! EFTA01327997

Y SDNY GM 02755960 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242882 EFTA01327998

EXHIBIT A ENCUMBRANCES (collectively the "Encumbrances") 1. Supplemental Aircraft Inventory Security Agreement dated as of June 13, 2003 between Raytheon Aircraft Credit Corporation ("RACC"), as secured party, and Flight Options, LLC ("FOLLC"), as debtor (with the Amended and Restated Aircraft Dealer Floor Plan Financing and Security Agreement, dated as of June 12, 2003 between RACC and FOLLC, attached thereto), recorded by the FAA on July 17, 2003, as Conveyance Number SI22733, which was supplemented by the following supplements: • Supplemental Aircraft Inventory Security Agreement dated October 27, 2003 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 1, 2003 and assigned Conveyance No. 00028098 • Supplemental Aircraft Inventory Security Agreement dated December 18, 2003 between RACC, as secured party, and FOLLC, as debtor; which was recorded by the FAA on March 29, 2004 and assigned Conveyance No. 8064367 • Supplemental Aircraft Inventory Security Agreement dated March 12, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 30, 2004 and assigned Conveyance No. E003894 • Supplemental Aircraft Inventory Security Agreement dated April 8, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on May 5, 2004 and assigned Conveyance No. E003915 • Supplemental Aircraft Inventory Security Agreement dated May 6, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 23, 2004 and assigned Conveyance No.1075758 • Supplemental Aircraft Inventory Security Agreement dated July 1, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on December I, 2005 and assigned Conveyance No. VV022039 • Supplemental Aircraft Inventory Security Agreement dated June 10, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 2, 2004 and assigned Conveyance No. TT019008 • Supplemental Aircraft Inventory Security Agreement dated July 30, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 2, 2004 and assigned Conveyance No. 11019346 • Supplemental Aircraft Inventory Security Agreement dated May 27, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on February 4, 2005 and assigned Conveyance No. TT020384 W72300147.2 SDNY_GM_02755961 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242883 EFTA01327999

SDNY GM 02755962 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242884 EFTA01328000

• Supplemental Aircraft Inventory Security Agreement dated December 24, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on March 3, 2005 and assigned Conveyance No. HH039232 • Supplemental Aircraft Inventory Security Agreement dated September 9, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 13, 2005 and assigned Conveyance No. YY039919 2. Aircraft Inventory Security Agreement dated as of June 21, 2005 between Flight Options, LLC and Raytheon Aircraft Credit Corporation, which was recorded by the FAA on July II, 2005 and assigned Conveyance No. X149575 3. Aircraft Inventory Security Agreement dated as of September 7, 2005 between Flight Options, LLC and Raytheon Aircraft Credit Corporation, which was recorded by the FAA on October 12, 2005 and assigned Conveyance No. SS023475 A/72300147 2 SDNY_GM_02755963 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242855 EFTA01328001

hereby certify that I have compared the fore- go a ing thereof the a nnonffgact irtai alatirtilue VI401O11Y0 /1!-, •ko 9£IIWI3 6 3311/0. . • .14. 0311.1 SDNY_GM_02755964 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242886 EFTA01328002

Cab APPROIED RCM Na :SOW 1.~ STATES OF AUERICA DEMATIRDIT OF TRANSPORT:411M ad idea sairenesecemela aerenT ^- EAl CERT XSUE DATE . Vataint a AideMaur" «ma AlmaArr REandnote APPUCATION ~rap emu ki REOSSTRATON NURSER n 793TA ARMS MANUFACTIIRER a ACM Raytheon Aircraft Caniany 4004 AIRCRAFT NNW Ne. PK-244 TYPE OF REOISTR411014 (Odd be NO O t Mold O E. PIRmaNO Ell Colonial d a. Cobbs Ds. aln, ID 13 N""" NAME OF ~IT Ss« dean Ort odder.» d mama I 1040141. pm IS bed. fret an ad SS ~I 13.) Flight Options, LIC 21.875% of 100% DC See Attachicht 441.4cci ?)/Ct (C7.) ~HONE MAIIIER. I ) ADOMES tenirent peg ~ow b r t 6m 0 Wile met biled•ddn« antle•O be ow.) Mad 44 Set 26180 Curtiss-W-15ft Parkway bed Ilea PO. Sou CITY Richrond Heights STME al If MOE 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION! Red the following stetuansM Odom signing Ws application. TN* pardon MUST In complabd. A Add a Cedb,~ need lo we beelb we Fes appluelen nee be S eds tot bedded a be end ra inbeammen NS. Odd Tle O. Sec. WOO. • CERTIFICATION IMF CERTIFY 0) Ted Om stew ebb 4 oboe ey to tronebe Adeteed be • • Man ~lb depenkne) d ea Weed ~ea der bana Duel gke ea ot Aube I er CRUX ORE AS APPROPRIATE a. CI A ~Se Rim, at den abeinion (Fob IASI es Fob 1461) Id O 0 A ronder oceporelion abided one dung 0.~«• ~IN WOO Selei MO SI SIS SO end Seely Sid 0 OW UNI•0 SS= ~Wt.& are Mlle a ~di ICI IIIINCIPM WI co its OM ~et le MI MOWS ~I IN Ms of ay Iccer money: ad its leed Ma been Red ~RS Mad Aelbeelneon (3) 44~ d ~ebb 4 Sri co oh re NOTE: II SOS lot ~SS all elbbenb mud sign UM rebree S. It nary. TYPE OR PRINT MAW BELOW SIGNATURE gg b s iii i Ill TM.E Vice President, Sec. 889 of Fl Flight Options, LIC (71/ 15.1 parani n frO t Bruce Boyle TITLE srlann TITLE DATE NOTE Peed% ~der Cate. d Mad Ibbodon we bad ere be deeded tee a peetel tot 4 ~SW (11.0. MPS IMINCA time be Pad ap at Vie Ogaden bid te 01~ bee Sat AC Form 9)50-1 ($/03) (0220:112.40:9 SDNY_GM_02755965 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00242887 EFTA01328003

. .erg 3 giA a VHOHnyo Alia rkiournic rS a luti 6 Mils? HS Nouvyisio3u Vrd taim.a3;-1:08iv SONY_GM_02755966 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242888 EFTA01328004

ATTACHMENT TO AIRCRAFT FEGISTRATIT APPLICATION ofricci 3 9107 1.) 2.) 3.) 4.) 5.) 6.) lak IMF 9.) 10.) 11.) 12.) 13) 14 ) Name of Applicant: Southeastern Mills. Inc. Reg #: N793TA Address: Shown on Original form hereto Model: Raytheon Aircraft Company 400A VW: RK-244 Owning an undivided Interest of: 12.50% of 100% Robert Kettler 6.25% of 100% Shown on Original form hereto Samair, Inc. 6.25% of 100% Shown on Original form hereto Ascent II, LLC 3.125% of 100% Shown on Original form hereto Prime Time Associates. LLC 6.25% of 100% Shown on Original form hereto Dockery Leasing Corporation 6.25% of 100% Shown on Original form hereto RAF Real Estate Services. LLC 12.50% of 100% Shown on Original form hereto JHPH, LLC 6.25% of 100% Shown on Original form hereto George H. Davis, Jr. 3.125% of 100% Shown on Original form hereto Emeril Air, LLC 6.25% of 100% Shown on Original form hereto Air Leader, Inc. 3.125% of 100% Shown on Original form hereto BudCo Holdings. LLC 6.25% of 100% Shown on Original form hereto Signatures: Title: Date: Vice President. Sec 8, CFO of Flight Options. tic Acting as Attorney-in-Fact for #1.2,3,4.5.6.7.8,9,10.11.12 By .1tX)VI• Inc appacani agrees and stipulates (I) to the terms, condtions and certification of the AC Form 8050-I Arendt Ftegmlration Apthmation. 1O which this page es attached (Ihe 'Application') (II) that all of the inlormat ion set forth on the Application is true and currect as of Ihis dale. and (III) the Applecaton may be executed by the comymers by execulng separate counterpart signature pages, each of which when so executed and delivered shall be an capital. but all such counterparts shall together CCOSIIIIIIe but one and the same application. SDNY_GM_02755967 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242889 EFTA01328005

• • w as NolA s 1001 4.213 vmo ts Hl tm 6 ell, 11931 itd PM v, 037, 4 °JO', t SDNY GM 02755968 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242890 EFTA01328006

MOM APVI024) Sui M. 2•20.4:062 IMMO SUMS OF AMERICA OIPARTIAOR a MANSPORTATION Mac AWOKE MilforramOMMI LA CERT ISSUE DATE OIONOMM AMICOMMOL OEM FATCHAFT RCOSTROMON APPLISSICV4 • REGIST " :101 . Inrh INSA Pi ntrA i MCCAW IAVILIFACIURER A MOM Raytheon Aircraft Carpany 400A G t-b ' IiKTA" ". FOR FAA USE ONLY TYPE OF REGISTIACKIN Oa Call UN 0 I. MINERS O 2. PENREEINP O 3 COPEOMMI Sei. COMM? 0 S. Govt. 0 a 110,01•0 WYE OF AFFUCANT (grocr0I down cei 'ea at teas I awatisal OR by mfm. EK nom cat Ras .ill 12.) Flight Options, LW 28.1258 of 1001 • I See Attachnent cia-teJ aisles) mace NUIMER I I all rabbi. Meng .ns Ifs itiffOrertiet0. .ply mat POMO bomb OW IOW tO 0,00%) UM. W. 26180 Curtiss-Wig* Partway Neve ONT Reel Ream PO. Sec are • itidwaid Heights awl OH EP MOE 44143 C I CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS--I ATTENT1ONI Read the following *Ailment before signing this application. MN portion MUST be completed. At ce envoi afar to we Cowan e ow co °fni nog be gecf.,,if fO- 0.,....9-..., 0,•,o o-. .., r.9. ...o-o CUE Cob, TM It Sc MOH 0 CERTIFICATION 94 fibrof Mao fl Ford I, es fallobrld applorl Mr r 4 atm. leckainj onagers) (II Tor UMW S N law Vat ran MK . Ism at Imre I. co CHECK ONE AS APPROPRPATE • 0 A fomicre Min. orrf ein babraion ficom OM co From I -561I lb. .. • 0 A fbocilfroff COMfalka orpranat ad ewe - ardor IS load HUM we ma amyl of adds, eV Newry teener IASd Saw Rowse a INN haws we meats br MPFOIM at (2) TM CE Tom TYPE Coo 'wenn to rot miaow Ana ee awn al se Asir eX"rt: rat Mir reincr 94 orrery r allachoe co lee boor tied wet dr Nderto *omen Adirellell101 NOTE: ll trawled lot COO•Tien/NO all memos mug sir use reverse seteenaColaary OR PRINT MARE BELOW SIGNATURE 11 ITTIE Vice President, Sec. 8 of Flight Options, LW 5/0-1 3 % 1 ip Bruce ,41c). I • SIGNATURE TIRE ONE NOTE Peep nos al Se Centlaat at Moan Raalarsice. S. amyl mo be coward Ion Mrs MI r roOolo of 90 don chore wee MM PO PINK cege al tm onion me OS coven • Fr Matt AC FM SX0.1 ISO) (0352404E81007) SDNY_GM_02755969 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242891 EFTA01328007

VH0HY1N0 All0 VH0W9O10 St T ltld S ANW Lea Itl.t.011O1.1S1038 VVA HUM 03113 SDNY_GM_02755970 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00242892 EFTA01328008

r Ia 1.) 2.) 3.) 4.) 5.) 6.) • ATTACHMENT TO AIRCRAFT REGISTRATION ' APPLICATION kaczt 3/5tb r i Reg #: N793TA Model: Raytheon Aircraft Company 400A SINK RK-244 Name of Applicant: Southeastern Mills, Inc. Robert Kettler Samair, Inc. Ascent II, LLC Prime Time Associates, LLC Dockery Leasing Corporation RAF Real Estate Services, LLC JHPH, LLC George H. Davis, Jr. Emeril Air, LLC Air Leader, Inc. Signatures: Owning an undivided Interest of: 12.50% of 100% 6.25% of 100% 6.25% of 100% 3.125% of 100% 6.25% of 100% 6.25% of 100% 12.50% of 100% 6.25% of 100% 3.125% of 100% 6.25% of 100% 3.125% of 100% Address: Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto Title: Date: Vice President. Sec S CFO of Flight Options. LLC Acting as Attorney-in-Fact for ft1,2,3.4,5.6.7.8.9,10.11 315k-7 C.4 LA 0 By signing above. the applicant agrees and stipulates Mb, the terms. conditions and r.endication of the AC Form 80504 Axaall Registration Application. to which this page is attached (the 'Applocabon"). (Ill that at 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 couneepart signature pages. each of **KA when so executed and delivered shot be an enrol. but all such counterparts shall together constitute but one and the same application. SDNY_GM_02755971 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242893 EFTA01328009

• • ViI0HV1U0 X1110 Vil0H41NO BC I Lid S BBW 1002 NOIAMISI036 11;1424R' VVA HAIM SDNY_GM_02755972 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242894 EFTA01328010

CD CD ha• U.S. Department of Transportation Federal Aviation Administration IATS ATTN: JENNIFI K It PO ROOM Dear Sirs: Flight Standards Service Aircraft Registration Branch. AFS.750 P.O. Box 25304 Oklahoma City. Oklahoma 131254504 (405) 954-3116 Toil Fro*: 1454-2624434 WEB Address: htloolinegistrylas.9or NUMBER CHANGED TO CANCELLED DATE 04 11201. April 11. 2007 The FAA Aircraft Registry issued an AC Form 8050-64, Assignment of Special Registration Marks, on 22116. This form authorized the use of special registration mark NONA on Raytheon Aircraft CO Mint' 400A aircraft, serial number RK-244,N793TA. The authorization fonn was to have been signed and returned to this office within 5 days after the special registration number was painted on the aircraft. It has not yet been received. Clarification as to the status of the number change is needed so that the certificate of registration may be issued reflecting the correct registration number. Please furnish this clarification by checking the applicable block and signing below: 0 The special registration mark HAS BEEN painted on the aircraft. The special registration mark HAS NOT BEEN painted on the aircraft but will be at a later date. Please extend authorization for use of the special number. Enclosed is a $10 fee required to reserve the number. The special registration mark WILL NOT BE USED on this aircraft. (ft &Oda Additional Requirement S. Lynn Tampas Legal Instruments Examiner Aircraft Registration Branch ., 9 Y, APS-750403.i (7/04) Signature of aircraft owner 404 meol Lib n i0/ Title Date RI Options I V-C, $10.00 04/3012407 SDNY_GM_02755973 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242895 EFTA01328011

VWOHV1NO A110 VII0HrINO 0I I lid OE lidI4 1001 as N011traiSIO38 idv8aary YVA HIIM Ond SDNY_GM_02755974 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242896 EFTA01328012

0 USDepolnere if tranwarloIcet seders m aga" Awananresen ASSIGNMENT OF SPECIAL REGISTRATION NUMBERS Special Registration Number N 4931% Aircraft Make MO Model RAYTHEON AIRCRAFT COMPANY 400A Present Registration Number N 793TA Serial Nonni= RK —244 7150010 • ICAO AIRCRAFT ADDRESS CODE FOR N493LX = 51410115 Issue Oats. JANUARY 309 2007 ibis is your authority to change the Unite] Stales recestra ban number on the above SunOS aircraft to the seems, SOUTHEASTERN MILLS INC registration nutter shown 26180 CURTISS —WRIGHT PKWY Cary aupstime or me tam in the aircraft together with the C/O FLIGHT OPTIONS LLC Old retrisuason certificate es inlenrn authOfttY to 00elam the alcHmomo HEIGHTS OH 44 14 3-145 3 Iowa Penriirg recent of revises certificate of revs:farm 0blein e reread ceftrIgate Of itionvOrthigne hem yew hear- K E T rife. ROBERT eel Fight Standards District Critics SAMAIR INC ASCENT II LLC The rant 4Ais Rem For Airworthiness Oa 4930-6. APPlicadon ftle le dated: 01, 1999 ET —AL ocToecR The airworthiness classification and category: STO TRANSP INSTRUCTIONS: SIGN ANU RETURN THE ORIGINAL of 04 lorrn to Me Cavil Aviation Registry. AFS-750. within 5 days alter the special registration number is 0 placed on the aircraft. A revised certificate will then be issued. The authority to use the special number expires: JANUARY 309 2000 CERTIFICATION: I certify that the special registration number was placed on the RETURN FORM TO: aircraft described above: Civil Aviation Registry. AFS-750 P.O. 80z 25504 Signature of Owner Oklahoma City, Oklahoma 73125-0504 Title of Owner. Date Pined on Aircraft: AC Form 005044 (S(ll05) Supersedes Previous Edition SONY_GIA_02755975 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242897 EFTA01328013

• • SONYGM02755976 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242898 EFTA01328014

Al Insured Aircraft Title Service, Inc. P.O. Box 19527 • Oklahoma City, Oklahoma 73144 • (405) 681.6663 (800) 654-4882 FAX #405-681-9299 DATE: -O2 3 - 07 _ 93LX FEDERAL AVIATION ADMINISTRATION 793-rA CENTRAL RECORDS DIVISION OKLAHOMA CITY, OK 18 JAN 3 0 2007 Gentlemen: Please reserve N in NAME ONLY for: Please reserve N "-K13/._K for assignment to the following aircraft: -1613TA &Aeon <loos' Current N# Make Model., Which is (1) being purchased by: or (2) is registered to: )e- X ophona L-Lt Serial # Payment of the required $10 fee per number to reserve it for one year is attached. If the preferred N number is not available, please contact the undersigned for a selection of a new number. Please send the letter of confirmation or the 64 form to Insured Aircraft Title Service in the P.D. Room. Additional Information: Thank you, Angie Kiisley N Number Consultant Serving the Aviation Industry for over 35 years SDNY_GM_02755977 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242899 EFTA01328015

vivouvixo A110 SPAONtiyo, SZ s Liu e2 ter moz 88 N011r8iSlaali VV./ HAMA Ortu 38IV SDNY_GM_02755978 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _00242900 EFTA01328016

lb cp.-N. - _ UNITED STATES OF AMERICA N ITT ILL IMMO' If TIANDISTAMN IBM AVIATION ADMVINIRATION AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF $1.00 ovc THE 1 CONVEYANCE UNDERSIGNED OWNER(S) OF THE FULL LEGAL . RESO8DED AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: ' - 000 3 firl 7 52 UNITED STATES REGISTRATION E DUAL AVIATION NUMBER N 793TA 1RMINISTRATION AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS q l" DAY OF MAR., 2007 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: Do No Wale In This Mock FOR FAA USE ONLY NAME AND ADDRESS (IF INDMDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) BUDCO HOLDINGS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 . $5.110 03R)9/2007 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS TUF TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 9' DAY OF MAR., 2007. NAME (S) OF SELLER SIGNATURE (S) TITLE (TYPED OR PRINTED) (IN MC (IF EXECUTED FOR (TYPED OR PRINTED) . CO P. ALL MUST SIGN.) FLIGHT OPTIONS, LLC VICE PRESIDENT BRU E OYLE SECRETARY & CFO ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) • ORIGINAL: TO FM PURCHASER SELLER AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition SDNY_GM_02 755979 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242901 EFTA01328017

YHOHT1)I0 VIVOIIV1H0 TS IT 6iii s gyp tour Neureieleeeldve3 aiv yvi HIIAI 03114 SDNY_GM_02 755980 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242902 EFTA01328018

UNITED STATES OF AMERICA FORM APPROVElj OMB NO 2120-0342 '., Is 1 3 1 0 30L) U.0. uurnri IMAM W IIISWWWWWIN IM MEMOIR maws° Ifni I 1un AIRCRAFT BILL OF SALE CI0NVEYANCE II) )REII,,DED 3 All 7 52 AVIATION c Do F Not OR FAA USE O Block AA In Thls 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 2007 AIR REGISTRATION NUMBER N793TA FEDERAL AIRCRAFT MANUFACTURER & MODEL Al:MINISTRATION RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 2137" DAY OF FEB., 2007 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 NAME. FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 9.375% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HTS., OH 44143 JPRIII. 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 28TH OF FEB., 2007. CC 9 NLLC NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN IM() (IF EXECUTED FOR CO-OWNERSHIP. ALL MUST SIGN TITLE (TYPED OR PRINTED) KITTLES FLIGHT OPS, VICE PRESIDENT. SECRETARY BRUC YLE & CFO OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR KITTLE& FLIGHT OPS, LLC 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_02755981 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242903 EFTA01328019

VWOHrIXO 1,110 VWOHVlN0 9i T Wd S 118ILI 1002 118 N0I1VNjSI93N ineattiV %it'd HIM 03113 SDNY_GM_02755982 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242904 EFTA01328020

FON APP10/1023 Ole Ne FONONO UNITED SW!S OF NERO. otprantixr OF 111NOSORTJMO4 Ma. NINON ANINOTIIIMIONal I— W 433/ h) CERT. ISSUE DATE HK OCT 05200t - NOOMOORT AMIVEITCAL 01•11O • NICRAFT REOWTPADON APPUCCIGN ' MATEO MU &I REOF$114001 Kula il 793TA AT MANUFACTUNEK a ADM. Raytheon Aircraft Comm 400A ARCM IT SENA/ Fes - PX-244 FOR FAA USE ONLY svpE OF RECIIIMATICel Oen cob 300 o t. Weasel 0 a. Psnrenthlo 0 3. COPCFOre 4 4. COCO". 0 s. coat. CI el *n il" HAW OP ApPUCAKI penes el town co eMene a tees. he Lb "••••) al eatorthe to nano. barna It made 13.) Flight Options. LIC 18.75% of Net IIIICSeie Attach ant Cta-l-tia g II a-1W) armee poem , . Atoms (........i ma, *Immo, ..., te...pleekeelense Om to Sam) r I 1 ions moo /nue 26180 Curtiss-Wright Pariogy Oldster OS *Oat , Sabi ROOK Kt SSE an Richn:nd Heights S001 CH ZIP 030E 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTIONI Reed the following statement before signing this application. Ibis portion MUST be completed. A Nee or cosmos Wiwi/ 10 ary gabbro In Vs appaydon •ftay to boats by yoseibenorl by ins and 1 of (narenynon (US C . MO NSOY loan • CERTIFICATION awe ctRTry 0) no F. atom wasp a Owned by do 1":1•01cato waxer. ere.; a cozen iroudna sewage) al es Ursa ea era elle but Oa Fero envier La Oa Olt Pil APPICONAlt: • O A meet Ma se ails seglitiate (Fenn 1.15, a Fora 1461) 10 C 0 Amnon camsraeco elenmes And Mr bubble treat On NM Ot (51g10 led NY alone * Neal aye rata* bled al to Untie Seise Felons ,tea men a modal* lOr blIPIalca el ri) we pi Thal re wale a rat roilloland we 54 Ian a any (Mr OMNI: wt bold Nana al ementer lo Medea a he Nes fled 1151 to Felons Pincer Aennsurson NOTE: 1 execoNd to coomershp aft applcants must sign Use reverse We il necessary LOW 9q1 TUNE ma Assistant Secretary of Do% 91/Q10(0 ilft Options, LLC WIVE JagR. Bantam TIME 41 3 ONE SONAIURE 111,E DM NO1 FOOD reelet al the Celia d Able liellenen So acne envy be operated kr • grad as .1 Safe a OD St. dag new tee es PINK CON ei OFF Ni-N-es OW be men Pe aloe, PC Cm tee'l (933) KOSS0M2S4O3K SDNY_GA4_02755983 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242905 EFTA01328021

• VilOHMO A110 trfri0H111N0 LW 21 OS 900? 80 Nouraisim inapair VIId 14111A 03111 SDNY_GM_02755984 :1" TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242906 EFTA01328022

ATTACHMENT TO AIRCRAFT REGIST Ti 4 APPLICATION aq7; 0 co 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) Name of Applicant: Southeastern Mills, Inc. Reg #: N793TA Address: Shown on Original form hereto Model: Raytheon Aircraft Company 400A SIN#: RK-244 Owning an undivided Interest of: 12.50% of 100% Robert Kettle, 6.25% of 100% Shown on Original form hereto Samair, Inc. 6.25% of 100% Shown on Original form hereto Ascent II, LLC 3.125% of 100% Shown on Original form hereto Prime Time Associates, LLC 6.25% of 100% Shown on Original form hereto Dockery Leasing Corporation 6.25% of 100% Shown on Original form hereto RAF Real Estate Services, LLC 12.50% of 100% Shown on Original form hereto Kitties Flight Ops, LLC 9.375% of 100% Shown on Original form hereto JHPH, LLC 6.25% of 100% Shown on Original form hereto George H. Davis, Jr. 3.125% of 100% Shown on Original form hereto Emeril Air, LLC 6.25% of 100% Shown on Original form hereto Air Leader. Inc. 3.125% of 100% Shown on Original form hereto Signatures: Title: Date: Assistant Secretary of Flight Options. LLC Acting as Attorney-in-Fact for #1,23.4.5.6.7.8.9.10.11.12 9/ialoLo 8y wing above, the sesacard agrees and ssouimes ti) to the leans. conditions and certification ol the AC Form 8050-1 Aircraft Registration assasation. to visions page is attached (the "Application-). (Ill that all or the intOrrnabOn set forth on the Application a true and Curreel as of this date. and (ill) the Application may be execrate by the co-owners by executing separate toroidal:Nut signature pages. each of miss Wen so executed and delivered shall be an original, but all such counterparts mac together constitute but one and the same application. SDNY_GM_02755985 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242907 EFTA01328023

• %, A1/0",„vbi xo ce r 894,0„ v 21 dig p ly vvm:siss038 dr. kohl ond dawy -L SDNY GM_02755986 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242908 EFTA01328024

FORM APPROVED la OMB NO. 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE H K 0 3 0 0 0 9 ti,3 1- RECORDED 5 PM 1 36 )ERAL AVIATION . Not In This Mock Do FOR Write FM USE ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE 8ONVEYANCE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: - UNITED STATES 2NtM REGISTRATION FE NUMBER N793TA ADMINISTRATION AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 29Th DAY OF AUG., 2008 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL (5), GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC 6.25% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND His., OH 44143 $..IIIIIIIII .. 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 29Th OF AUG., 2006. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) I C SIGNATURE (S) EXECUTED FOR IER HIP, AL IUST SIGN.) TITLE (TYPE() OR PRINTED) ANTHONY ZINGALE & JAMES ASSISTANT SECRETARY TERESA M. ZINGALEr R. DAUTERMAN OF FLIGHT OPTIONS, LLC TRUSTEES ACTING AS ATTORNEY- IN-FACT FOR ANTHONY ZINGALE & TERESA M. ZINGALE-TRUSTEES 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_027559B7 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242909 EFTA01328025

vivointbro All° rHotiruo C2 r WJ Or OS gm? SDNY_GM_02755988 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242910 EFTA01328026

CC AUG 2 4 2006 MEMORANDUM TO THE FILE The copy of the release recorded as conveyance number CCO21266 on May 25, 2006 was imaged without the back page showing the certification as a true copy. Attached is a copy of the back page of micro number 1356, filed 4/20/2006, recorded 5/25/2006 as conveyance number CCO21266, which shows the certification as a true copy of the original release. SDNY_GM_02755989 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024291 I EFTA01328027

1 SDNYGM02755990 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002429 I 2 EFTA01328028

V1,101459)10 All0 1/11014V1NO OW OE g ItiVe grpli e I fore- going with the original 1113 K011vaIrtitiVa thiciakitarrect Vv90111(thetP9fiu SDNY_GM_02755991 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFIA_002429 l 3 EFTA01328029

SDNYGM02755092 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242914 EFTA01328030

CC AUG 24 2006 MEMORANDUM TO THE FILE The copy of the release recorded as conveyance number CCO21257 on May 18, 2006 was imaged without the back page showing the certification as a true copy. Attached is a copy of the back page of micro number 1351, filed 4/20/2006, recorded 5/18/2006 as conveyance number CCO21257, which shows the certification as a true copy of the original release. SDNY_Mil_02755993 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002429 I 5 EFTA01328031

SDNY_GM_02755994 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242916 EFTA01328032

tliOrittlX0 Alla MONy7N0 (I" i I WU 00 de lig K,:ilri123/338 'id HiOA 0311d I hereby certify that I compared the fore- with the original it is a true and correct thereof. SDNY_GM_02755995 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242917 EFTA01328033

I SONYGM02755996 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242918 EFTA01328034

a4.241-,A44 it, ni-cr CERTIFIED COPY • TO BE RECORDED BY FAA t c 0 2 1 2 6 6 FAA RELEASE ,C0NVEYA,ICE RECORDED is /4/04 tinY 21.611114:25 fir] 10 53 . Raytheon Aircraft Credit Corporation (the ''Seetkriti.rr as . . secured party undisi;thei:Sii$Mty AgreementliAtiggiilliii*Thed on Exhibit A attalted hereto, hireby releases7,flidi:iiii44-isti'4.-iiii Security Agreements all of its tight, title and interest in and to the collateral de-scribed • ind*SectOtY40eements. Dated this r7 3 clay of ,2oo6. Raytheon Aircraft Credit COmmation BY: Name: Andrew A. Mathews President t4EREcoRM00%**102 • • titioo ; V V oalq84, DOC to C. 3 1/40 moraE P7 "I ..• SDNY_GM_02755997 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 1O, 15, and 17 EFTA_00242919 EFTA01328035

SDNY_GM_02755998 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242920 EFTA01328036

Exhibit A Security Agreements Aircraft Inventory Security Agreement dated as of June I, 2005 between Raytheon Aircraft Credit Corporation ("RACC"), as secured party, and Flight Options. LLC ("FOLLC). as debtor, which was recorded by the FAA on June 29, 2005 as Conveyance No. 1)O025607, as further amended by the Amendment to the Aircraft Inventory Security Agreement dated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 20, 2005 as VV021531; Aircraft Inventory Security Agreement dated as of June 8.2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 29, 2005 as Conveyance No. 11003877. as further amended by the Amendment to the Aircraft Inventory Security Agreement dated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 21, 2005 as Conveyance No. VV021537; Aircraft Inventory Security Agreement dated as of June 10, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 21, 2005 as Conveyance No. VV021562, as further amended by the Amendment to the Aircraft Inventory Security Agreement dated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 22.2005 as Conveyance No. VV021563; Aircraft Inventory Security Agreement dated as of June 16. 2005 between RACC, as secured party, and FOLLC. as debtor, which was recorded by the FAA on July 22, 2005 as Conveyance No. 7006424. as further amended by the Amendment to the Aircraft Inventory Security Agreement dated August 19, 2005. between RACC, as secured party, and FOLLC. as debtor. which was recorded by the FAA on September 20, 2005 as Conveyance No. VV021527; Aircraft Inventory Security Agreement dated as of June 17, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 26. 2005 as Conveyance No. MM028138; Aircraft Inventory Security Agreement dated as of June 24, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 21, 2005 as Conveyance No. HK027548; as further amended by the Amendment to Aircraft Inventory Security Agreement dated as of August 19, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 20.2005 as Conveyance No..VV021528; Aircraft Inventory Security Agreement dated as of June 25. 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 22, 2005 as Conveyance No. E006796; Aircraft Inventory Security Agreement dated as of June 30, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 15. 2005 as Conveyance No. G006516; as further amended by the Amendment to Aircraft Inventory Security Agreement 20640/ SDNY_GM_02755999 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 0024292I EFTA01328037

I SDNY GM 02756000 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242922 EFTA01328038

to dated as of August 19.2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 8. 2005 as Conveyance No. VV021481; Aircraft Inventory Security Agreement dated as of June 30. 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on January 12, 2006 as Conveyance No. VV022224; Aircraft Inventory Security Agreement dated as of July 7, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 19, 2005 as Conveyance No. E006332; Aircraft Inventory Security Agreement dated as of July 9, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on October 28, 2005 as Conveyance No. SS023538; Aircraft Inventory Security Agreement dated as of July 19. 2005, between RACC. as secured party, and FOLLC, as debtor, which was recorded by the FAA on August II, 2005 as Conveyance No. 2006556; Aircraft Inventory Security Agreement dated as of July 19. 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 29, 2005 as Conveyance No. PP029006; Aircraft Inventory Security Agreement dated as of July 23. 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November I, 2005 as Conveyance No. VV021846; Aircraft Inventory Security Agreement dated as of July 27, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on October 14, 2005 as Conveyance No. F092733; Aircraft Inventory Security Agreement dated as of July 29, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 28, 2005 as Conveyance No. VV021986; Aircraft Inventory Security Agreement dated as of August 4, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 22. 2005 as Conveyance No. VV021575; Aircraft Inventory Security Agreement dated as of August 12, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 15. 2005 as Conveyance No. VV021520; Aircraft Inventory Security Agreement dated as of August 23, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on December 29, 2005 as Conveyance No. VV02213I; 2064W SDNY_GM_02756001 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242923 EFTA01328039

SDNY_GM_02756002 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242924 EFTA01328040

Ca t4 trt U1 Aircraft Inventory Security Agreement dated as of September 2. 2005. between RACC, as secured party. and FOLLC, as debtor, which was recorded by the FAA on January 3, 2006 as Conveyance No. VV022160; Aircraft Inventory Security Agreement dated as of September 4, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November I4, 2005 as Conveyance No. HH040608; Aircraft Inventory Security Agreement dated as of September 14, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 28. 2005 as Conveyance No. VV021992; Aircraft Inventory Security Agreement dated as of September 23, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 18. 2005 as Conveyance No. VV021967; Aircraft Inventory Security Agreement dated as of September 26, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 29, 2005 as Conveyance No. VV022002; Aircraft Inventory Security Agreement dated as of September 29, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 8, 2005 as Conveyance No. VV021887; Aircraft Inventory Security Agreement dated as of September 29, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 3, 2005 as Conveyance No. VV021863; Aircraft Inventory Security Agreement dated as of October 7, 2005 between RACC, as secured party, and FOLLC. as debtor, which was recorded by the FAA on November 3, 2005 as Conveyance No. VV021859; Aircraft Inventory Security Agreement dated as of October IS, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on December 2. 2005 as Conveyance No. VV022051; Aircraft Inventory Security Agreement dated as of October 26.2005 between RACC, as secured party, and FOLLC. as debtor, which was recorded by the FAA on November 10, 2005 as . Conveyance No. VV021913; Aircraft Inventory Security Agreement dated as of October 30, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 10, 2006 as Conveyance No. VV021912; Aircraft Inventory Security Agreement dated as of November 4, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on November 17, 2005 as Conveyance No. VV021939; 2064W SDNY_GM_02756003 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _00242925 EFTA01328041

1 SDNYGM02756004 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242926 EFTA01328042

Aircraft Inventory Security Agreement dated as of November 12, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on December 5, 2005 as Conveyance No. VV022063; Aircraft Inventory Security Agreement dated as of November 14, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on December 28, 2005 as Conveyance No. VV022127; Aircraft Inventory Security Agreement dated as of November 22, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on March 28, 2006 as Conveyance No. HH041507; Aircraft Inventory Security Agreement dated as of November 22, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on January 3, 2006 as Conveyance No. VV022149; Aircraft Inventory Security Agreement dated as of November 24, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on December 29, 2005 as Conveyance No. VV022130; Aircraft Inventory Security Agreement dated as of December 9, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on February 14, 2006 as Conveyance No. VV022477; and Aircraft Inventory Security Agreement data! as of December 23, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on February 2, 2006 as Conveyance No. VV022428. References to the above described agreements include any agreements attached thereto, incorporated by reference therein, or described therein referencing liens, encumbrances or security interests in favor of RACC. (collectively the "Security Agreements"). 20640/ SDNY_GM_02756005 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242927 EFTA01328043

90(o-elf, -rnb SDNY_GM_02756006 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242928 EFTA01328044

CERTIFIED COPY TO BE RECORDED BY FAA cc 0 ? 1 2 7 00:41firt;011 REC)105.0 FAA RELEASE a°11 r. nil 18 ffl 1'S" Raytheon Aircraft Credit Corporation (theFE'Siiiiieniii4ly") as AiiMi i secured party under the Security Agreements described and defined on Exhibit A attached hereto, hereby releases from the terms of the Security Agreements all of its right, title and interest in and to the collateral described in the Security Agreements. Dated this on day of Mak.e...1-- , 2006. Raytheon Aircraft Credit Corporation By: Name: Andrew A. Mathews Title: President SEE RECORDED CONVEYANCE NUMBER V VQ-144Rie DOC ID a_5.4t g_ PAGE 20640/ 049- kat -tw frAt SEE RECORDED CONVEYANCE NUMBER _fo ca. DOC ID C.)39!. PAGE I SEE RECORDED C0NVEYANC1 NUMBER mm doh 1 DOc ID C-343 PAGE, 1_,j ca ca -4 SDNY GM 02756007 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242929 EFTA01328045

SDNY GM 02756008 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242930 EFTA01328046

co co 1.4 ti CO Exhibit A Security Agreements Supplemental Aircraft Inventory Security Agreement dated as of June 13, 2003 between Raytheon Aircraft Credit Corporation ("RACC), as secured party, and flight Options. LLC ("FOLLC"), as debtor (with the Amended and Restated Aircraft Dealer Floor Plan Financing and Security Agreement. dated as of June 12, 2003 between RACC and FOLLC, attached thereto), recorded by the FAA on July 17, 2003, as Conveyance Number S 122733; Supplemental Aircraft Inventory Security Agreement dated October 15, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded with the FAA on January 20, 2005 as Conveyance No. P002013: Supplemental Aircraft Inventory Security Agreement dated November 12, 2004 between RACC, as secured pasty, and FOLLC, as debtor, which was recorded with the FAA on January I I, 2005 as Conveyance No. P001943; Supplemental Aircraft Inventory Security Agreement dated December 3, 2004 between RACC, as secured party. and FOLLC, as debtor, which was recorded with the FAA on January I I, 2005 as Conveyance No. T076690; Supplemental Aircraft Inventory Security Agreement dated December 9, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded with the FAA on February 24, 2005 as Conveyance No. KK034949; Supplemental Aircraft Inventory Security Agreement dated December IS, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded with the FAA on June 23, 2005 as Conveyance No. DD025579; Supplemental Aircraft Inventory Security Agreement dated December 17, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded with the FAA on January 19, 2005 as Conveyance No. Z004687; Supplemental Aircraft Inventory Security Agreement dated December 28, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded with the FAA on January 12, 2005 as Conveyance No. P001963; Supplemental Aircraft Inventory Security Agreement dated December RACC, as secured party, and FOLLC, as debtor, which was recorded February 8, 2005 as Conveyance No. 114039060; Supplemental Aircraft Inventory Security Agreement dated December RACC, as secured pasty. and FOLLC, as debtor, which was recorded with 3, 2005 as Conveyance No. HH039223; 20640/ 28, 2004 between with the FAA on 29, 2004 between the FAA on March SDNY_GM_02756009 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 0024293I EFTA01328047

1 SONYGM02756010 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242932 EFTA01328048

Supplemental Aircraft Inventory Security Agreement dated December 29, 2004 between RACC, as secured party, and FOLLC, as debtor, which was recorded with the FAA on January IS, 2005 as Conveyance No. L077264; Supplemental Aircraft Inventory Security Agreement dated January 14. 2005 between RACC. as secured party, and FOLLC, as debtor, which was recorded by the FAA on January 31, 2005 as Conveyance No. HI1038980; Aircraft Inventory Security Agreement dated as of January 18, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on July 22, 2005 as Conveyance No. Z006423; Aircraft Inventory Security Agreement dated as of January 22. 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on February 7. 2005 as Conveyance No.1077420; Aircraft Inventory Security Agreement dated as of January 27, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on February 4, 2005 as Conveyance No. RR030454; Aircraft Inventory Security Agreement dated as of January 28. 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on February 22, 2005 as Conveyance No. MM02742I; Aircraft Inventory Security Agreement dated as of January 28, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 29, 2005 as Conveyance No. YY040080, as further amended by the Amendment No. IA to the Aircraft Inventory Security Agreement dated July 21. 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 13, 2005 as Conveyance No. VV021511; Aircraft Inventory Security Agreement dated as of February 2, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on March 22, 2005 as Conveyance No. KK035074; Aircraft Inventory Security Agreement dated as of February 3. 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on May II. 2005 as Conveyance No. DD025405; Aircraft Inventory Security Agreement dazed as of February 4. 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on March 8. 2005 as Conveyance No. H1039251, as further amended by the Amendment to the Aircraft Inventory Security Agreement dated April 5, 2005. between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 7, 2005 as 11036007; 20640/ SDNY_GM_02756011 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242933 EFTA01328049

SDNYGA402756012 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242934 EFTA01328050

cat L4 U1 C5 Aircraft Inventory Security Agreement dated as of March IS. 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on May 5, 2005 as Conveyance No. YY040151, as further amended by the Amendment to the Aircraft Inventory Security Agreement dated April 5, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 2 I , 2005 as Conveyance No. SS022819; Aircraft Inventory Security Agreement dated as of March 18, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 19, 2005 as Conveyance No. YY039962; as further amended by the Amendment to Aircraft Inventory Security Agreement dated as of August 19, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 15, 2005 as Conveyance No. VV021521; Aircraft Inventory Security Agreement dated as of March 25, 2005 RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 28, 2005 as Conveyance No. X149528; as further amended by the Amendment IA to the Aircraft Inventory Security Agreement dated July 21, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 9, 2005 as Conveyance No. PP029412; and further amended by the Amendment to Aircraft Inventory Security Agreement dated as of August 19, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 15, 2005 as Conveyance No. DD025867; Aircraft Inventory Security Agreement dated as of March 25, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 2, 2005 as Conveyance No. VV021083, as further amended by the Amendment IA to the Aircraft Inventory Security Agreement dated July 21, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on August 26, 2005 as Conveyance No. RR031704; Aircraft Inventory Security Agreement dated as of April I, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on May 4, 2005 as Conveyance No. YY040150; as further amended by the Amendment to Aircraft Inventory Security Agreement dated as of August 19, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on October 19, 2005 as Conveyance No. VV021726; Aircraft Inventory Security Agreement dated as of April 8, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on April 27, 2005 as Conveyance No. YY040046, as further amended by the Amendment to the Aircraft Inventory Security Agreement dated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 19, 2005 as Conveyance No. VV021526; Aircraft Inventory Security Agreement dated as of April 28, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 7, 2005 as Conveyance No. VV021131; Aircraft Inventory Security Agreement dated as of May 2, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 8, 2005 as Conveyance No. HH039708, as further amended by the Amendment to the Aircraft Inventory Security Agreement 206401 SDNY GM_02756013 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242935 EFTA01328051

SDNY_GM_02756014 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242936 EFTA01328052

dated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 26, 2005 as Conveyance No. VV021591; Aircraft Inventory Security Agreement dated as of May 13, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on June 16, 2005 as Conveyance No. SS022777, as further amended by the Amendment to the Aircraft Inventory Security Agreement Clated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 15, 2005 as Conveyance No. VV021523; and Aircraft Inventory Security Agreement dated as of May 20, 2005 between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on August 3, 2035 as Conveyance No. R066884, as further amended by the Amendment to the Aircraft Inventory Security Agreement dated August 19, 2005, between RACC, as secured party, and FOLLC, as debtor, which was recorded by the FAA on September 22, 2005 as Conveyance No. VV021568. References to the above described agreements include any agreements attached thereto, incorporated by reference therein, or described therein referencing liens, encumbrances or security interests in favor of RACC. (collectively the "Security Agreements'). t.:.1 • 1" , lien: ylihso •idgiari I ro z r. '40 ,eriol ant balconies ctitvglIAJS isnigno dine Lining" .2064openos bne gulls ei liEtal4.1.0“.".F.,1- 1. - 2.4 re° ' .Tosierf Wo3 , , _ faun 4S:4 7 riSrt< .:T... •• • SDNY_GM_02756015 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242937 EFTA01328053

c L'-‘ .5002192., if, 44 SDNY_GM_02756016 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242938 EFTA01328054

C FAA PARTIAL RELEASE v v 0 2 2 2 0 5 CONVEYANCE RECORDED A.06 JAN 11 P19 2 07 Raytheon Aircraft Credit Corporation (the "SecurettYatcy'%kail 10N secured party under the Security Agreement described anniettiaiegiiON Exhibit A- attached hereto, hereby releases from the terms of the Security Agreement all of its right, title and interest in and to the Released Aircraft Interest described and defined on Exhibit A attached hereto. As to all collateral covered by the Security Agreement except the Released Aircraft Interest, the Security Agreement shall remain in full force and effect. Dated this day of 044.0„2.-st, 2005. Raytheon Aircraft Credit Corporation By: Andrew A. Mathews Title: President 20640/ SDNY_GM_02756017 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA (x1242939 EFTA01328055

• AlrN v,, • 1 bto v vo C 1,9 ivo ` d se 330 S0, v 84 tf 1:.. ‘;) pod etitiltiv SDNY_GM_02756018 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242940 EFTA01328056

03 P O Exhibit A FAA Partial Release Security Agreement Aircraft Inventory Security Agreement dated as of January 28, 2005 between Riytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, (with the Amended and Restated Aircraft Dealer Floor Plan Financing and Security Agreement, dated as of June 12, 2003 between Raytheon Aircraft Credit Corporation and Flight Options, LLC, attached thereto as Exhibit A), recorded by the FAA on February 22, 2005 as Conveyance No. MM027421 (collectively the "Security Agreement"). Released Aircraft Interest Three and one-eighth percent (3.125%) undivided interest (representing the undivided interest conveyed to Air Leader, Inc.) in and to the Aircraft defined below (the "Released Aircraft Interest"). Aircraft One (1) Raytheon Aircraft Company model 400A aircraft bearing manufacturer's serial number RK-244 and United States Registration Number N793TA, together with two (2) Pratt & Whitney Canada model JT15D-5 aircraft engines bearing manufacturer's serial numbers PCE- JA0256 and PCE-JA0257 (collectively the "Aircraft"). The engines described above are in excess of 750 rated takeoff horsepower. 20640 SDNY_GM_02756019 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242941 EFTA01328057

.4% . az c bB ' 62 330 so, ‘`)•?ii -. t, • oiiijenv No/ • r I v 7 mo SDNY_GM_02756020 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242942 EFTA01328058

TORN APPPOVEO0 OIAI No MRMt, UNITED VMS OF MEW CEPPAIMEM OF nwernararcee emir Maros mimmillbevaraila IMMICOMT N 14 AMMAIRICAL MRS ...., i -...... NPCRAFT MOSTMTION MIFUOCIION CENT. ISSUE DATE (4 teem STATES rimernwoi /FIRMER U II 79310; . .I AIPOILAFT MANUFACTIANIA & MaXl. RavWrn Aircraft fi ipany 400A 0 6 etii ii‘ ENEM NA vv JAN RK-244 FOR FM USE OW TYPE CF REGISTRATION (Ome alb OS ilisCIPI" O I. SIMMS O 2. PA/MFraND 0 3 Carborston Do Co-oener O b Own O S.il IMRE OF APPUCANT Ilence(A 00.11 01.1000,06 s^/100 I Intylam Om WI nSi Re nem FM *Me NM/ • 14.) Flight Options, LLC 12.50% of 100% See AttachTent MOW/ HOMER ( I ADDRESS Symereni mang Wpm, to. Arm ght applCenl OpisleaAP N O Roraima. Name Strum muN doebe 0.0.10) Fli tions, LLC Nets ire uses 26180 Curtiss-Wright Parioey Rare Rade PO. Soo GTY Richfcnd Heights SUM CH ZIP CODE 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION! Reed the following statement before signing this application. This portion MUST be completed. A Dub D diihn...."W 10 OM WM.^ 4, 110 4000~ miry In woods re p.naTmeni by In. me rye irefecomre NS case ram a. see VON • CERTIFICATION I% COOT. II) The Iv ewe Ws • owed by IM urdenIgniel applemt Main Win WAND Obbalbrm a/ Or UMW war fro MVO Nall MTI rave CI MN. Oar OW ONE AS APPROPRIATE. A 0 Amides ANn. NM Me IIMIMICA Mena IASI afar. IMO NT a 0 A romatom aPponace wand on0 dem Manna We Re awl 0 Istele IVO MN &QM a 112060 MS pewee owl Ma Weed BIM/ Recoes or INN Mtn In Pima Fs POPOCPW. a Ca Tref if. area 4 AN Mpliend wee if. Wm al ay Omer OWN we ID TIM leas Mesa at maintSp R mamas a As bete nee etry re Non Anton Attr000Apyok NOTE: If executes ix coweneram ett western must so use wane sae it necessary TYPE INT NAM E SIGNATURE Iii RE TnIE Assistant Secretary 0 . t Options, Ile 104E ichlq-06 8 mac Janes R. [MUUMUU TITLE DATE If abecauta nal DATE 101t 0000e meg ce Fe Oas* 0 Aura Rygeiraem Re nee INV 06 (0.0041101 a gad MI 0 00.0. d go . 60. Don l ADD' mm Pr Pm tax a Ma woks Iwo be ewes a ea siva AC ram 10501 (5,03) EIDSKOECT3-9,70 SDNY_GM_02756021 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242943 EFTA01328059

VNOHVi)IO vitoNvixo . . . . 8Z 8 WJ 6Z a3a,$o.. • SEI nou v s: i to 11V80 VV4 HIIM 03114 SDNY_GM_02756022 IT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242944 EFTA01328060

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) Reg ft Model: S/Na: Name of Applicant: Southeastern Mills. Inc. N793TA Address: Shown on Original form hereto Raytheon Aircraft Company 400A RK-244 Owning an undivided Interest of: 12.50% of 100% Anthony Zingale 8 Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto Robert Kettler 6.25% of 100% Shown on Original form hereto Samair, Inc. 6.25% of 100% Shown on Original form hereto Ascent II, LLC 3.125% of 100% Shown on Original form hereto Prime Time Associates, LLC 6.25% of 100% Shown on Original form hereto . Dockery Leasing Corporation 6.25% of 100% Shown on Original form hereto RAF Real Estate Services, LLC 12.50% of 100% Shown on Original form hereto Kitties Flight Ops, LLC 9.375% of 100% Shown on Original form hereto JHPH, LLC 6.25% of 100% Shown on Original form hereto George H. Davis, Jr. 3.125% of 100% Shown on Original form hereto Emetic Air, LLC 6.25% of 100% Shown on Original form hereto Air Leader, Inc. 3.125% of 100% Shown on Original form hereto Signatures: Title: Date: uterman Assistant Secretary of Flight Options. LLC Acting as Attorney-in-Fact for 1.2.3.4.5.6.7.8.9.10.11.12.13 Ja-aq-cs By Wing above. the applicant agrees and stipulates (0 lo the terms. conditions and certification of 'he 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 ts true and correct as of this dale. and (III) the Application may be executed by the co-owners by executing separate counterpad signature pages. each of which when so executed and delivered shall be an ortginal, but as such counterparts shall together constitute but one and the same application Ca 0 to 03 SDNY_GM_02756023 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242945 EFTA01328061

A Pk 0•• .110 F r', I MO as C thI . R2 nor • -Le 330 so v , J., • j ti81 SDNY_GM_02756024 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242946 EFTA01328062

e " FORM APPROVED OMB NO. 2120-0042 vv022178 CONVEYANCE RECORDED JAN 5 RITI 8 07 FEDERAL AVIATION ADMINISTRATION Do NM Writo In This Block FOR FM USE ONLY 03 03 Pa L.1 to co 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 2M6 REGISTRATION NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 13n1 DAY OF DEC., 2005 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.) AIR LEADER, INC. 3.125% 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 13Th DAY OF DEC., 2005. Ix uu -I -I tu cn NAME (S) OF SELLER (TYPED OR PRINTED) SIGN (IN INK) EXE E NIP. RE (S) UTED FOR (MUST M. TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC SSISTANT AMES R. DAUTERMAN SECRETARY ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REQUIRED 8Y LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (NSN 0052-00-629-0003) Supersedes Previous Edition 9:07.AX/a Coss SONY_GM_027513025 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242947 EFTA01328063

SDNY_GM_02756026 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242948 EFTA01328064

FORM APPROVED OMB NO. 2120-0042 V V 0 2 2 1 7 7 CONVEYANCE RECORDED 5 Aft 8 07 FEDERAL AVIATION ADMINISTRATION Not Wnte FOR D FAA In Tilts BIocJc USE ONLY ES ta ta w LO 01 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: . ?06JAN UNITED STATES REGISTRATION NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 23RD DAY OF SEPT., 2005 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: re ui co cc L) x cc m a. NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) EMER1L AIR, LLC 6.25%0F 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 23 DAY OF SEPT., 2005. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN I (IF = I CUTED F FtSti , ALL SIGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC ASSISTANT ( JAMES R. DAUTERMAN SECRETARY 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 .. , . ., SDNY_GM_02756027 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242949 EFTA01328065

Al O v /iv n ia Sor yMO 80 C id( .181(0/2 62 330 so. vtillk 4/4- 41 ci3Vjmv SDNY_GM_02756028 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242950 EFTA01328066

FAA PARTIAL RELEASE vv021989 CONVEYANCE RECORDED ?HS NOU 28 RP1 8 26 Raytheon Aircraft Credit Corporation (the "SecinfikEitatir)ABON ADMINISTRATION secured party under the Security Agreement described and defined on Exhibit A attached hereto, hereby releases from the terms of the Security Agreement all of its right, title and interest in and to the Released Aircraft Interest described and defined on Exhibit A attached hereto. As to all collateral covered by the Security Agreement except the Released Aircraft Interest, the Security Agreement shall remain in full force and effect. Dated this Cr day of odcOnco, , 2005. Raytheon Aircraft Credit Corporation By: aiteg2___ Andrew A. Mathews Title: President 20640 C.41 Lb cs 01 tYY SDNY_GM_02756029 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024295 EFTA01328067

VIOHV1NO 1110 VIIOHYMIO 9h CI 1113 9 130 SOU BO HOWNISI038 1;v133tIV YVJ HIM end SDNY_GM02756030 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242952 EFTA01328068

td- Exhibit A FAA Partial Release Security Agreement Aircraft Inventory Security Agreement dated as of January 38, 2005 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, (with the Amended and Restated Aircraft Dealer Floor Plan Financing and Security Agreement, dated as of June 12, 2003 between Raytheon Aircraft Credit Corporation and Flight Options, LLC, attached thereto as Exhibit A), recorded by the FAA on February 22, 2005 as Conveyance No. MM027421 (collectively the "Security Agreement"). Released Aircraft Interest Six and one-fourth percent (6.25%) undivided interest (representing the undivided interest conveyed to Emeril Legasse) in and to the Aircraft defined below (the "Released Aircraft Interest"). Aircraft One (1) Raytheon Aircraft Company model 400A aircraft bearing manufacturer's serial number RK-244 and United States Registration Number N793TA, together with two (2) Pratt & Whitney Canada model JT15D-5 aircraft engines bearing manufacturer's serial numbers PCE- JA0256 and PCE-JA0257 20640 SDNYGM 02756031 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242953 EFTA01328069

I. V1101O1:10 A.1.10 VVI0NV1)10 9h Of Li'd 9 100 SW, NOLLAISI;)3111;Vd3Sli HillA 0311A SDNY_GM_02756032 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242954 EFTA01328070

U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION 'is CROSS-REFERENCE—RECORDATION SEE CONVEYANCE NO FILING DATE: This loon is to be used in cases where a conveyance 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 Aircraft inventory Security Agreement DATE EXECUTED 7-29-2005 FROM Flight Options LLC DOCUMENT NO. NIV lOpi CP2 6 TO OR ASSIGNED TO Raytheon Aircraft Credit Corp DATE RECORDED C h - rig- O.....3 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by registration mamba) I TOTAI. NIIMRFR !NVOI VETS II N254CW N288CW N427CW N731TA N802TA N491CW N471CW N793TAf N826CW N789TA N720TA Engines: Williams-Rolls F144.IA 1320 1321 1445 1446 . P&W Canada IT15D-5 PCE-100233 PCE-100244 PCE-3A0316 PCE-JA0317 P-100360 P-100361 PCE-JA0089 PCE-1A0091 PCE-JA0256 PCE-JA0257 PCE-M0308 PCE-1A0307 Honeywell Intl TFE731.5BR P-107448 P-107449 TFE731.5R P-91105 P-91152 P-107215 P-107214 ENGINES I TOTAI NUMRFR mvni WI) n MAKES) See Above SERIAL NO. See Above PROPELLERS I TOTAI NIIMRFR INVell VF11 MAKE(S) SERIAL NO. SPARE PARTS —LOCATIONS I TOTAI. NI IMRFR INYOl vFn LOCATION RECORDED CONVEYANCE FILED IN: N254CW, serial 525-0154, Cessna 525 AC 23 (I-96)(0032-00-382-6000) SDNY_OM_02756033 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242955 EFTA01328071

SDNY_GM_02756034 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242956 EFTA01328072

(CSel APPROVED CAM Ns 2,204212 N LIMITED STATES OF IMERCA DEPARTMENT OF TRANSFCRTATION •••1 TED4RAL /01/491.1 NOPITIOIIIT 84142MAUTCAL Caine AlW. REOISTRATKIN AFFIXATION CERT ISSUE DATC teem CS PEOWTRATIOPN NUMBER ill 793TA AIRCRAFT MAKIFACTURER • MODEL Raytheon Aircraft Cora .any 400A j kl SEP 13 2005 AxxAAFT SERIAL Pia RK -244 FOR FM USE ONLY TYPE OF REOSTRATON °OS Cele MO Q t wear 0 2. RenneaBIP 0 a Caricaton ig 4. COOLNIME 0 5. Omn. 0 S. Plw"Clit" NAME OF AMON! retiree) *own ON ineferc•cicanenS 4 IST044. OH led ^In ft* nen AM 444419 INLET ill •12.) Flight Options, LLC 21.875% of 100% (lee Attachment ckstyed P7 =3-5, t5 TELEPHONE NUMBER'. ( I ADDRESS Ms-Lenin HS. 100498 ke int 11.449194144) Flight Options, LLC m..0... irt) Wee 26180 Curtiss—Wright Parkway Mal no. PO Om CHT Richmond Heights STATE OH 2IP 000E 44143 O CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION! Reid the following statement before signing this application. This portion MUST be completed. A WS* 0 i demos' W M NV LlePaen n the xvicince, mail:490.Mo For penehreet by Ili end ia istritent IDS Code. TIN it Sec 1004 . CERTIFICATION CILATOY. (1) nRI IR TOW" wend, a owed by Pe LHAW004•4 ealleare nip Ocean *neap onorellcaL1 SE. UMW Sewn wet wire lint re Awe of we... I. or Cia Ow AS APPMPSWE: a. O A Noise a itiM Ow wWelrfoon (Pow nal a Fro 1461) Ns bin...one* exporaten argentite, ardl Abby Owns me* te Mee W ITS end mei sepal lii brad and pewees twee.* OWNS Sleet FMCOMS a INFI Pews we wait* ke raccoon d (21 Tar ear anYall 4 Ea reVevea unep Pe laws cd Eng emir catty: are (31 mu New wawa of owerve 4 weed has ban TAW seh Os FR IEM APS Iltaligienta. NOTE II Obacuted for oacrenershw WI applicants mufti Son Use Mese side If necessary TY OR RINT BELOW SIG TORE Y NI 3ti AI 1V-3I SINS UNd H 3 LIRE TITLE Assistant Secretaremt fight Options, LLZ vliel4:6 7 James R. Dau erman imp t a DATE ( SJGNATURE TRU DATE NOTE Ponape *sea of Me Gannet et expel, RepteaLon. Pe scoot me. be Operel•Oforliperee noi e Hand 90 OWL 00"0 ..arid We re PPL4 oepv LT TH appcsion meg be awes in Me swat AC Fart 80504 (12/90)(0052-006281007) Supersedes heroes Eaton SONY_GM_02756035 :T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242957 EFTA01328073

• .VHOMila0 Alio VWOHVI)10 . hS OI LIU 6Z lir SOO? 89 NOLLY8181038 1498381V VYA HIM 03113 SDNYGM02756036 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242958 EFTA01328074

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION ooska 1 ..act.es Reg #: N793TA Model: Raytheon Aircraft Company 400A RK-244 1.) 2.) • 3.). 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) Name of Applicant: Southeastern Mills, Inc. Owning an undivided Interest of: 12.50% of 100% Address: Shown on Original form hereto Anthony Zingale 8 Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto Robert Kettler 6.25% of 100% Shown on Original form hereto Samair, Inc. 6.25% of 100% Shown on Original form hereto Ascent II, LLC 3.125% of 100% Shown on Original form hereto Prime Time Associates. LLC 6.25% of 100% Shown on Original form hereto Dockery Leasing Corporation 6.25% of 100% Shown on Original form hereto RAF Real Estate Services, LLC 12.50% of 100% Shown on Original form hereto Kitties Flight Ops, LLC 9.375% of 100% Shown on Original form hereto JHPH, LLC 6.25% of 100% Shown on Original form hereto George H. Davis, Jr. 3.125% of 100% Shown on Original form hereto Signatures: Title: Date: ulerman Assistant Secretary of Flight Options. LLC Acting as Attorney-in-Fact for 3.4.5.6.7,8,9.10,11 Ely signing above. the applicant agrees and stipulates (I) to the leans, conditions and certification of the AC Form 8050-tmcrett Registration Apptication, to tOwch this page is attached (the -Anticslion'). (Ill that all of the information set forth on the Application is true and correct as of this dale, and (Ill) the Appacalion may be executed by the co-owners by °tootling separate counterpart signature pages. each which when so executed and dewed shall be an original, but se such counterparts shall together constitute but one and the same application. 1••• CO SDNY_GNI_02756037 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242959 EFTA01328075

VVIOHV1)10 A110 VHOHV1)10 kS OI WU 62 lOP SOO? 89 N011V81S1038 VV1 011Id SDNY_GM_02756038 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242960 EFTA01328076

MB uu 6.2R0P-;1:4N4P2PROVED CJ -. U. S. DEPARTMENT UNITED STATES OF OF TRANSPORTATION ADMINISTRATION _ AMERICA FEDERAL AVIATION OF SALE t - Cr E00RDED 43 ,r Do Not Write In Thts R . FOR FAA USE ONLY AIRCRAFT BILL FOR AND IN CONSIDERATION OF $1.00 ovrelIWEETANCE F UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFTEtEr 3.3 i ii CRIBED AS FOLLOWS: UNITED STATES FEDERAL AVIATION REGISTRATION ADMINISTRATION NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 25Th DAY OF JULY, 2005 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS • IN AND TO SUCH AIRCRAFT UNTO: Ce ILI ct V) r W O 7 a. NAME AND ADDRESS (IF INDIVIDUAL (5), GIVE LAST NAME, FIRST NAME, AND MIDDLE INITIAL.) FLIGHT OPTIONS, LLC '3.125% OF 100% 26180 CURT1SS-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 25Th OF JULY, 2005. • SELLER NAME (S) OF SELLER (TYPED OR PRINTED) S NATURE (S) (IN IF EXECUTED FOR CO-0 E SHIP, C MUST SIGN) TITLE (TYPED OR PRINTED) RONALD A. ELENBAAS ASSISTANT SECRETARY JAMES R. DAUTERMAN OF FLIGHT OPTIONS, LW ACTING AS ATTORNEY- IN-FACT FOR RONALD A. ELENBAAS 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_027 56039 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EF1'A_00242961 EFTA01328077

VIVOHMO All0 VPINWINO hS Or WY 60 ler SOO? 218 NOJIVHIS(03d 1.4v9"•••99t VVi KIIIA prui • SDNY_GM_02756040 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242962 EFTA01328078

r 1 J00114 5 •••••••.. FAA PARTIAL RELEA6+14VEYANCE RECORDED t' Raytheon Aircraft' Credit Corporation (the "Secu d NOS SEP 13 14711,2 tc1 as secured party under the Security Agreement descfr isd ft l ED Nig "'" Ii d on Exhibit A attached hereto, hereby releases from the terms of the Security ERttata re Agreement all of its right, title and interest in and to the Released Aircraft Interest described and defined on Exhibit A attached hereto. As to all collateral covered by the Security Agreement except the Released Aircraft Interest, the Security Agreement shall remain in full force and effect. Dated this 21 day of _in t) , 2005. Raytheon Aircraft Credit Corporation By: Andrew Mathews Title: President 20640 NSUEM EBREERC0RDED CONVEYANCE DOC ID e_ 343 PAGE_L_ SDNY_GM_02756041 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242963 EFTA01328079

VPIOHV1)10 AlIO VHOHV1)10 SZ iT WU 6Z inr S007, NO NOLINILLS1838 .1.3VUOUW VY3 HIIM 03-83 SD NY_GM_027 56042 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242964 EFTA01328080

Exhibit A FAA Partial Release Security Agreement Supplemental Aircraft Inventory Security Agreement dated as of June 9.1 2003 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor (with the Amended and Restated Aircraft Dealer Floor Plan Financing and Security Agreement, dated as of June 12, 2003 between Raytheon Aircraft Credit Corporation and Flight Options, LLC, attached thereto), recorded by the FAA on July 17, 2003, as Conveyance Number S122733; further secured by the Supplemental Aircraft Security Agreement dated January 28, 2005 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, recorded by the FAA on February 22, 2005 as Conveyance No. MM027421 (collectively the "Security Agreement"). Released Aircraft Interest Six and one-fourth percent (6.25%) undivided interest (representing the undivided interest conveyed Flight Options, LLC) in and to the Aircraft defined below (the "Released Aircraft Interest"). Aircraft One (1) Raytheon Aircraft Company model 400A aircraft bearing ' manufacturer's serial number RK-244 and United States Registration Number N793TA, together with two (2) Pratt & Whitney Canada, LTD. model JT15D-5 aircraft engines bearing manufacturer's serial numbers PCE- JA0256 and PCE-JA0257. The engines described above are in excess of 750 rated takeoff horsepower. 20640 SDNYGA402756043 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242965 EFTA01328081

rani VSOW11)10 VP1OHEI O SaZL1J9 SZ ltIP 88 k011V81S 1938 L:IO@..~I: VVd HilP. SDNY GM 02756044 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242966 EFTA01328082

FORE APPROVED ej Oa lb re0:42 to SEIM SLATES OF as OEPIRIVINT Of TRANSPORTATION RASA ~IS 40104817100104401110:80101114 PO GE ACCaloorneoL coorti01 AMMAR 148081(111U010N APPUCA11014 CERT. ISSUE DATE L.) • 11•110 SUM •IikAllTRICION MAW N 793TA AIRCRAFT IFAINFECTUFIVI 5 .101XL Raytheon Aircraft Company 400A KK ja 1 13 2005 NRCSAFT SERIAL No. RK -244 FOR FAA USE Ole TYPE OP REOSIRPSION (Chock WO 0:01 El 1 1401,00USI O 2. PIE11111NP OIL alwellon IDA. Coon DK Gat O IL "' Ca' NAME C MACAW (Pena(* awn es *Moo a/ anneohlo I •:••••• On Ii• ISM •• .all. /410418 44*.) ,A, 13.) Flight 0ptionsi LLC 18.75% of 100% (tee Attachment claikteCk soli -c ) TELEPHONE MS. ( I *CORPSE (Pows••• Pea Mon PP M Mat SiIP P.O. BOX • %OHL OWFISF••••••••• We b• ••••) Flight Options, LLC Nimbor ars11 Mont 26180 Curtiss—fright Parlamy i see heee PO SS OM Richmond Heights SLATE OH BP Da 44143 O CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION' Rood Kw following statement before Signing this appIMMIOn. This portion MUST M Completed. A Apse & dta, fl ew i o a,y cb•ala, • the MT wt ion Oro 0 4,40110, 0 04444e1 DV 1,4 00 1 P 4 4, 44”11841 (US Cado. Ms IS. Sat leCnI • CERTIFICATION in nwi lip tea owe es am-00 Wino ~am moat a foe ma fame oayer•ka• AI Pe MY Beeps POI •••• 004 do ein e. 0•• • or Odes 4,11 AS APPPOPRIAlt O. 0 A MPS* Sr. at OM .01811110n (Ran 140 orb= 1401) Na b. 0 A imam ctoporollon orgorst80 on] etdo twos war sr lims a man N old Sent • tad derl cagy ...ad • Po 1,010 414180 PROPS Or 44.1 'Con •• roratiro lof 0 10011101 a as rm re alciall • ••• aura a no ors of am age mar wd PI nes bpi mesa al 00r0100 IS 8810040 or tas 000 1180 010 Ps Nand Sr , ac /4rneritaton NOTE: II aelOAEO lot 000evinNo WI &Maga MEI sr use name *de if n0c0SSary TYPE OR NAME S TURF tit Assistant Seeretar: tions, ac Da* o• O,.4lit, a Sees R. Dauterman TITLE 5 Otql SIONMURE TITLE DATE HOVE Prang •••••••IIIII C41•••• a AMIS. FIPIIISIo• es moth mop t• operas, 15 • Crincol toP maw el Ii0 0•I. d••••• alth win to PM Copp • NA IltOIN•••• malIIII(01•F • Ia AMIE PC Ran 10504 Dom gosigo4204037) i - -- SDNY_GM_02756045 :T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242967 EFTA01328083

• VilOW41)10 Alit VWOHENO 92 £ WI 61 MN SOO? 8U NOUV8191038.13,1210811 are Hu M gpl4., SONY_GM_02 756046 7 TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242968 EFTA01328084

ATTACHMENT TO AIRCRAFT REGIST TION 519° 5 APPLICATION 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) Reg #: Model: SIN#: Name of Applicant: Southeastern Mills, Inc. N793TA Address: Shown on Original form hereto Raytheon Aircraft Company 400A RK-244 Owning an undivided Interest of: 12.50% of 100% Anthony Zingale & Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto Robert Kettler 6.25% of 100% Shown on Original form hereto Samair, Inc. 6.25% of 100% Shown on Original form hereto Ronald A. Elenbaas 3.125% of 100% Shown on Original form hereto Ascent II, LLC 3.125% of 100% Shown on Original form hereto Prime Time Associates, LLC 6.25% of 100% Shown on Original form hereto Dockery Leasing Corporation 6.25% of 100% Shown on Original form hereto RAF Real Estate Services, LLC 12.50% of 100% Shown on Original form hereto Kitties Flight Ops, LLC 9.375% of 100% Shown on Original form hereto JHPH, LLC 6.25% of 100% Shown on Original form hereto George H. Davis. Jr. 3.125% of 100% Shown on Original form hereto Signatures: Tine: Date: auwrman Assistant Secretary of Flight Options. LLC aS Attorney-in-Fact for 1.2.3.4.5.6.7.8.9.10.11.12 bryn-c By signing above. the appicam agrees and stipulates (I) to the terms. conditions and certification of the AC Fenn 8050-1 Aectaft Registration Application. to which this page is attached (the -Application ), (II) that all of the information set forth on the Application is true and cunect as of this date, and Oh the Apple-aeon may be executed by the co-owners by executeig separate counterpart signature pages. each of which when so executed and delivered shal be an original. but an such oat:ripens shall together constmae but one and the same application. SDNY_GM_02756047 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242969 EFTA01328085

Viii0HV1NO All3 VVIOEIV1)10 92 C Wd 61 AIN S002 89 NOLINKSI030 lAVE:138O1 vy± HUM 03113 SONY_GM_02756048 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242970 EFTA01328086