FORM APPROVED 4 01010 NO. 2120-0002 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE iv K K 0 3 5 8 0 CONVEYANCE RECORDED 200s JUL 18 Pfil 3 25 FEDERAL AVIATION ADMINISTRATION Not Wrlie This Do FOR FM In USE esesek 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 N793TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 1 5T DAY OF MAY, 2005 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: re w QFLIGHT r 0Ce z a. NAME AND ADDRESS (IF INDIVIDUAL (5). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) OPTIONS, LLC 6.25% OF 10O% 26180 CURTISS-WRIGHT PARKWAY RICHMOND FITS., 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 1 ST OF MAY, 2005. W COLAS, -I -I IN 0 NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATU (S) (IN INK) (IF CUT 0 FOR C' OWNERS AL UST SI TITLE (TYPED OR PRINTED) INC. TANT SECRETARY JAMES R. DAUTERMAN OF FI.ICHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR COLAS, INC. ACKNOWLEDGEMENT (NOY 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 9: MD CO'SS 9:Mil-TEEM SDNY_GM_02756049 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 0024297I EFTA01328087

VWOHVmo VWOHVlN0 92 C bid 6I AUW SOP? HI3 HOUVHISI038 IdVH3HIV VVI HIIM 03111 SDNY_GM_02756050 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFIA_00242972 EFTA01328088

FORM APPROVED OMB NO 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE K K 0 3 5 8 0 ! CONVEYANCE RECORDS 2005 .JUL 18 PM 3 2E FEDERAL AVIATION ADMINISTRATION Do No4 Wine In Tha 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 793TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS it DAY OF APR., 2005 ' 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 ) GEORGE H. DAVIS, JR. 3.125% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO SINGULARLY ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 19"' DAY OF APR., 2005. ce w —i to ro NAME (S) OF SELLER (TYPED OR PRINTED) IGNATURE S) IMO (IF EXE FOR ERSHIP L ST SI TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC ISTANT J ES R. DAUTERMAN SECRETARY 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 ro 0 N D SONY_GM_02756051 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242973 EFTA01328089

A110 V1101-ITDIO Se £ Lid 61 AN SOO? E8 N011VSIS103N 131790EIV VVJ HUM 031IA SDNY_GM_02756052 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242974 EFTA01328090

K K 0 3 5 8 0 4 CONVEYANCE RECORDED FAA RELEASE 2005 JUL 18 PM 3 20 Raytheon Aircraft Credit Corporation (the "Secured Party") Ffiet01 1ATIO ATION N UMIN party under the Security Agreement desdibed 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 Aircraft described and defined on Exhibit A attached hereto. 14. Dated this 6— day of SAytua.4...tr _ , 2005. Raytheon Aircraft Credit Corporation By: Andrew A. Mathews Title: President 20640 SDNY_GM_02756053 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242975 EFTA01328091

YHOHY1NO A110 VHOHTDIO SZ C bid 6I AN SOO? 813 NO11Vk11SIO3U liviouty yv 1111/4 03113 SDNY_GM_02756054 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242976 EFTA01328092

e Cs ta. C5 Exhibit A FAA Release Security Agreement Supplemental Aircraft Inventory Security Agreement dated as of June 12, 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 SI22733; further secured by the Supplemental Aircraft Security Agreement dated May 27, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, Ittoyeta ‘r-{ the FAA on rtItiortAt Lki as6,0 estkovtia9.110-4)* (collectively the "Security Agreement"). The Aircraft remains subject to the Supplemental Aircraft Security Agreement dated October 4, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC,•as debtor, filed with the FAA on October 4, 2004 but not yet recorded; and further secured by the Supplemental Aircraft Security Agreement dated October IS, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor,,ttrithal, 14.kthe FAA on54,74,2ot 0,1ottc,45 Coviies up.(1/4 4043; and further secured by the Supplemental Aircraft Security Agreement dated December 9, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, filed with the FAA on December 9, 2004 but not yet recorded. Aircraft One (1) Raytheon Aircraft Company model 400A aircraft bearing manufacturer's serial number RIC-244 and United States Registration Number N793TA, together with two (2) Pratt & Whitney Canada, LTD. model JTI 5D-5 aircraft engines bearing manufacturer's serial numbers PCE-JA0256 and PCE-JA0257 20640 SDNY_GM_02756055 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242977 EFTA01328093

YWOHV1NO Am vniournio 9? £ Wd 6i OW SQO? JB NOW48181938 lit/U0811/ v Id HUM 03114 SDNY_GM_02756056 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242978 EFTA01328094

• K K 0 3 5 8 0 3 FAA PARTIAL RELEASE CONVEYANCE RECORDED Raytheon Aircraft Credit Corporation (the "SecureiPSPOtvq acf9 3 20 LnAnVIATIO secured party under the Security Agreeritent described and altitr%SnATIONN 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 SE °MED CONVEYA! and effect. -14-PA NUMBER Dated this 3°' day of f-c bizaosi . 2005. Raytheon Aircraft Credit Corporation By: Name: Andrew A. Mathews Title: President Chi* *:er, rs ' •• ;2. :H. 20640/ PA SDNY_GM_02756057 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242979 EFTA01328095

VIVOKV-DIO VHOHTDIO SZ E Wd 6I AUW SW? did NOI1V81515311 1JVNOHIV VVJ H11M 03114 SDNY_GM_02756058 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242980 EFTA01328096

I, • Exhibit A FAA Partial Release Security Agreement Aircraft Inventory Security Agreement dated as of January 28, 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), tctoraS the FAA on ?exam al, 200505 Comxtott No. ftunoan42,k (collectively the "Security Agreement"). Released Aircraft Interest Three and one-eights percent (3.125%) undivided interest (representing the undivided inferest conveyed to George H. Davis, Jr.) 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 JT I 5D-5 aircraft engines bearing manufacturer's serial numbers PCE- JA0256 and PCE-JA0257 (collectively the "Aircraft"). 20640/ SDNY_GM_02756059 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242981 EFTA01328097

• •2 VPIONV1)10 All3 VII001)10 9Z £ Lid 61 Alibi SOO? NOLLVILLS1338 1090819 HIIM 03114 SDNY_GM_02 756060 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242982 EFTA01328098

KK035 8 OE • L. , C3 k • CONVEYANCE RECORDED FAA PARTIAL RELEASE 2005 JUL 18 Pfl 3 20 Raytheon Aircraft Credit Corporation (the "Secured Party") as Fidand- AVIATION party under the Security Agreement described and defined on Exhibit ADMINISTRATION 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 d i day of , 2005. Raytheon Aircraft Credit Corporation By: ASSdrew 4. Mathews Title: President 20640 SDNY_GM_02756061 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242983 EFTA01328099

VilOHY1)10 A110 VIIONV1g0 90 £ bid 6T Mild SOB2 88 WHIV8LS103)i Idtql38Pir VVi HUM 03113 SDNY_GM_02756062 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242984 EFTA01328100

0 (4 bJ Exhibit A FAA Partial Release Security Agreement Supplemental Aircraft Inventory Security Agreement dated as of June 12, 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 May 27, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, ciessaitt by the FAA on cicIptitatm 4 I actsos etivepallort1403%40 further secured by the Supplemental Aircraft Security Agreement dated October 4, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, filed with the FAA on October 4, 2004 but not yet recorded; and further secured by the Supplemental Aircraft Security Agreement dated October 15, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, (tezreibi b'-\ the FAA on 34nucuNigil aftg, et% Ctruirimer1kar(b)Ita and further secured by the Supplemental Aircraft Security Agreement dated December 9, 2004 between Raytheon Aircraft Credit, Corporation, as secured party, and Flight Options, LLC, as debtor, filed with the FAA on December 9, 2004 but not yet recorded (collectively the "Security Agreement"). Released Aircraft Interest Three and one-eighths percent (3.125%) undivided interest (representing the undivided interest conveyed George H. Davis, Jr.) in and to the Aircraft defined below (the "Released Aircraft Interest"). Aircraft One (I) 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 20640 SDNY_GM_0276.606.3 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242985 EFTA01328101

VIIOHT1NO .1,110 VH01O1)10 92 £ bid 6T AM SOOT 89 NORVUISIO3U1M4OHIV vvi HUM 03113 SDNY_GM_02756064 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242986 EFTA01328102

Yr0 4 0 0 3 9 FAA RELEASE CONVEYANCE RECORDED 2005 APR 26 PPJ 1 27 Raytheon Aircraft Credit Corporation (the "SpfuEidt.p elas secured party under the Security Agreement describitHilikts di fift611 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 Aircraft described SEE RECORDED CONVEYANCE NUMBER S ia?7 S,3 DOC ID e, 3V/ PAGE and defined on Exhibit A attached hereto. Dated this IS day of n , 2005. Raytheon Aircraft Credit Corporation By: A Name: Andrew A. Mathews Title: President 20640i SDNY_GM_02756065 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 1O, 15, and 17 EFTA 00242987 EFTA01328103

'19 VIIONV1)10 ADO VII0HV1510 10 2 ILId I2 UM SOO? de NOILVUISIO3a VV! HUM 0311j SDNY_GM_02756066 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242988 EFTA01328104

Exhibit A FAA Release Security Agreement Supplemental Aircraft Inventory Security Agreement dated as of June 12, 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 October 4, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, recorded by the FAA on April 7, 2005 as Conveyance No. YY039873; and further secured by the Supplemental Aircraft Security Agreement dated October 15, 2004 between Raytheon Aircraft Credit Corporation, as secured party, and Flight Options, LLC, as debtor, recorded by the FAA on January 20, 2005 as Conveyance No. P002013 (collectively the "Security Agreement"). Aircraft One (1) Raytheon Aircraft Company model 400A aircraft bearing manufacturer's serial number RIC-244 and United States Registration Number N793TA, together with two (2) Pratt & Whitney Canada, LTD. model JTISD-5 aircraft engines bearing manufacturer's serial numbers PCE-JA0256 and PCE-JA0257 20640 SDNY_GM_02756067 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242989 EFTA01328105

VW0HEIN0 A110 a01O11.0 10 2 bid 12 al SE as NOILVIUS103 83114an1081V. VV MIA 0 SONY_GM_02756068 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242990 EFTA01328106

FOPS ORONO ip OM Ne 2120•0042(23 UNTIED MSS OP a OEPAMIENT OF MAMPORTATIC•4 mega amp* marrawcamwo IC a CERT ISSUE DATE CC I-, yy Apil 26 1065 owawalaT AlWiewarces cam MICSAFT PESSIMISM APPLICATION u 1 i n Daisiasi mai m) °m ama P4 793TA anon MANUFICTIA/01 4 TACOS Raytheon Aircraft Company 400A MOW( SEM. Nis RY-746 FOR FAA USE ONLY TYPE Of MOISTIVOION (Seth an WO CI t wear CI 2. Partnership El 3. common q 4. co-yew 0 s. own. 0 8."‘"als` MAZE OF APPLICANT (Panot) town am Mon 0 wale • ass 1k me nn* a left w eadge Ma) III 13.) Flight Options, LLC 15.625% of 100% See Attachment &arcs 4...nirs%) TELEPHONE NOW ( / itORESS (Mewl map Newt Ice be opkan Med I pi P.0.50% 4 ad . OMNI Same mut Mote net) Flight Options, LLC Note Ind met 7 6 180 Cnrties-wright Parts-my met Pos. PO. ow an Richmond Heights STATE OH ZIP COOS 44143 B., CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION I React the following idliterneel Wore Signing this application. This portion MUST be COMTNON.O. AIMS a Scree no sa ape [la e ins 1990400101 me, to °ands for entrap n fro ind'or 4,1X.Orm4re I Cods re. lit Sc ICS/ CERTIFICATION ME CERTIFY The We Nan MOS le IN tot t. el* S man (I) awed wawa:PS worm • *Mee Seel al to timid SS Ira *Se stet Oe nom el nee: ). or OW ac AS AMPOPPLOE a O A rear Om ad, alen ngistralert roan 1.131 a Fon• .441) N. 0 O A fal<MIZON 03990rall:0 fl ea*, IN ClOrg WOOS IPSO OM lam 0 ENO* ere said Oast • Sad and Weals moan* WPM ISM ANS a Sr burl an emarne• Is Mimeo at os nisi we moan is rea greed spew Pe Iess 0 WI lamp teal. rd CP TM 595 99990909 a 0900,111, is SOW a t hie two MS am We Fess 90400n I-9,0.00°n NOTE It kit US. d necessary teICUNCI COSMWSTOP NT Mc/Wants mull 9.? WSW PM TYPE IM NAME SIGNATURE li nniAssistant Secretar]pon f 64ight Options,LLC ct.tq4:: Ern b James R. Dauterman TntE -;.k3 W SIONATUPE TrTIE GATE MOTE Pees amp S The Ciptelemoi Anal Moineat M sash inip be coned an • failed AO 0. *au of 90 42919 Mrs sad' ime Pe Pm emcee* sposcsace true be mese e re one PC Fro 110931 (LW) (00524:042800V) SDNY_GM_02756°69 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00242991 EFTA01328107

• ViI0I1VM0 ADO Vii0HV1)10 S. 6 LIU 61 8dd SOO? 89 hOIMIS1038 IlifV3211V VVd liM 03113 SONY_GM_02756070 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00242992 EFTA01328108

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION darnd (-1+1 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) Reg #: Model: &N4: 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% Colas, Inc. 6.25% of 100% Shown on Original form hereto 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 Signatures: Title: Assistant Secretary of Date: • Flight Options, LLC Acting as Attorney-in-Fact for ijA 1.2.3.4.5.6.7.8.9.10.11.12 amen Nerman 4-tq-os 8y signing above. the *pecan agrees and stipulates (I) lo the tame, conditons and codification of the AC Form 8050-1 Mash Registration Application. to which this page is abashed (the 'Application". (II) that all of the information set Iona on ow Application Is true and aired as of ads date, and (11) the Application may be natured by the co-owners by executing separate riflemen signature pages. each ol which when es needed and delivered shall be an MOW, ha all such counterparts shall together constitute but one and the same application. Ca Ca m 03 ry SDNY_GM_02756071 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242993 EFTA01328109

• Ai itrotiovnfigit 0 tiaL:o:::361:18ddYLIVO: Vtid HIM 0311.1 SONY_GM_02756072 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242994 EFTA01328110

FORM APPROVED OMB NO. 2120-0042 UNITED STATES OF AMERICA 'U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION Y AIRCRAFT BILL OF SALE Y 0 4 0 0 3 8 flP1 11 54 • AVIATION riiATION Wdte This F Do Not OR FAA In 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: RECORDED UNITED STATES REGISTRATION . 2055 APR 26 NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL FEDERA RAYTHEON AIRCRAFT COMPANY 400A ADMINIri AIRCRAFT SERIAL NO. RK-244 DOES THIS 12T" DAY OF APR., 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.) JHPH, 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 12 " DAY OF APR., 2005. w tu u) NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN IN. XECUTED FOR CO-OW ERS P. ALL MU SIGN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC ASSISTANT ,_..› JAMES R. DAUTERMAN SECRETARY 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 " O1 "4 SDNY_GM_02756073 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242995 EFTA01328111

VWOtiV1NO A113 Vi101-1V1NO LS 6 WY 61 NEI SOU? 88 NOIIVNISIO38 14V838IV %FYI HAIM 03114 SDNY_GM_02756074 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242996 EFTA01328112

I OMB NO 2120'004/ Y 0 4 0 0 3 7 26 AM 11 54 iAI. AVIATION NIS NATION Thgs F Do Na WM. In OR FAA USE Stock ONLY , I ::71 cn ...} ,0 _. UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION • Y AIRCRAFT BILL OF SALE FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL CCNVE.YANCE AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . RECORDED UNITED STATES REGISTRATION 2065 APR NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL FEDE RAYTHEON AIRCRAFT COMPANY 400A ADM AIRCRAFT SERIAL NO. RK-244 DOES THIS 6 TN DAY OF APR., 2005 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: CC L11 <cn r c.) ce D a. NAME AND ADDRESS (IF INONIDVAL (5). GIVE LAST NAME. FIRST NAME, AND MIDOLE INITIAL.) KITTLES FLIGHT OPS, LLC 9.375% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 6 "DAY OF APR., 2005. re -I tu co NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) CUTED FOR OOWNE ALL MUST TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC SSISTANT JAMES R. DAUTERMAN SECRETARY ACKNOWLEDGEMENT MOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER. MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050-2 (9/92) (N$N 0052-00-629-0003) • . Supersedes Previous Edition SDNY_GM_02756075 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242997 EFTA01328113

VW01-1110 A.1.10 VWCIHV-010 6 6 W9 6Ilial SUS? lie 801.11'clISIO3U liTlialY Vki 2 HUM 03111 SDNY_GM_02756076 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00242998 EFTA01328114

FORM APPROVED OMB NO. 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE Y 0 4 0 0 3 6 RECORDED 26 AFI 11 54 h RAl. AVIATION 1NIS NATION Do Not VVnIc In Thos Brock FOR FAA USE ONLY FOR AND IN CONSIDERATION OF 51.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL CONVEYANCE AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION 2005 fiFR NUMBER N 793TA - 0 AIRCRAFT MANUFACTURER & MODEL ft RAYTHEON AIRCRAFT COMPANY 400A AD AIRCRAFT SERIAL NO. RK-244 DOES THIS 6 I" DAY OF APR., 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 MIDOLE INITIAL.) RAF REAL ESTATE SERVICES, LLC 12.50% OF 100% 26180 CURT1SS-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 6 114 DAY OF APR., 2005. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) (IF D FOR E IP. AL MUST SI TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LLC SISTANT JAMES R. DAUTERMAN SECRETARY ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FMRECORDING: 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 Ce.l 0.1 cn Ci SDNY_GM_02 756077 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00242999 EFTA01328115

VA010-010 _ }ale tIrkOHNIOW )5 6 Vis'a t"" "21' tilS103a 13`0301:0 ‘4 c1 14011.`1 ws,‘ G3113 SDNY_GM_02756078 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243000 EFTA01328116

U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION CROSS-REFERENCE—RECORDATION SEE CONVEYANCE NO - HUNG DATE: This form is to be used in taus what 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 SUPPLEMENTAL AIRCRAFT INVENTORY SECURITY AGREEMENT (SEE MASTER N798TA, CONVI 5122733, C306, PG I) DATE EXECUTED 10/4/2004 FROM FLIGHT OPTIONS LLC DOCUMENT NO. yyo 39873 TO OR ASSIGNED TO RAYTHEON AIRCRAFT CREDIT CORP DATE RECORDED CI - 7 -0C- THEIOLLOWING COLLATERAL IS COVERED DY-TIIE CONVEYANCE: AIRCRAFT (List by natation number) I TOTAL. NI IMRCR NVOI VP]) 16 N402CW N4 I8CW N422CW N456CW N462CW N482CW N78TTA ...........- N793TA N729TA N754TA N8I6CW N862CW N3I6CW N6OSTA N6I9TA • N257CW ENGINES I TOTAL NI IMAM( OWN VET) 32 MAKE(S) • SEE ATTACHED LIST SERIAL NO. SEE ATTACHED LIST PROM I Fps I TOTAL MINIM; INVOI YEN) MAKE(S) SERIAL NO. SPARE PARTS -LOCATIONS I TOTAL NI PARER INVOLVED LOCATION RECORDED CONVEYANCE FILED IN: N798TA, S/N RK-198, RAYTHEON AIRCRAFT CO 400A AC FORM 8050-23 OAR) (0052-00-5824000) SDNY_GM_02756079 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243001 EFTA01328117

SDNY_GM_02756080 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243002 EFTA01328118

POKY APPA040 CMS No 21304012 tasters OF PAIDICA OEPARTMINIT OF leAPPWORSO1311 -air Acelleneessilea liesellen astasuraw MOM C • ARORAFT FIESSIRATION PIPUOCCIN CERT. ISSUE DATE REersgi-Tiry t. insit takul 11 79STA IOC APR 052005 MISOFIAFF MANUFACTURE51• MOM Raytheon Aircraft Company 400A i.: AfICRAFT SERIAL No E RK-244 FOR FAA USE ONLY l' TYPE OF FIEGEOR/MON lase tee al o I. Wolnidtel 0 2. Fartrorsty 0 3. OnaNcel 0“. Coolmor 0 8. 08vI. 0 8 '4""caN" cr 14 NAME OF *m(J Nw "wry thaw ca saws re sawn I roast V An Ire rah evi 1 hien Ms • 10.) Flight berim6S, LLC 43.752 of 1002 .6ee Attachment a irjaf,ea 3-1 ) TELEPHONE IOW 1 ) ADDRESS (Pewee. Se envie tot Nit spoken lielseill P.O SOX Is tree Wein. wows sal we am rani Flight Options, LLC Melba eel Mee 26180 Curtioo -Wright Parkway Rued Roble CRY Richmond Heights STATE OH ZIP CODE 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS a ATTENTION? Reed the following statement before signing this application. This portion MUST be completed. A Nye or Obtchtel ins WV tbAISSOA II MS •Qpiatte y tie QtviVfil /V NM/W. by NOard OF rwsorwent Ei Cade. Teo 18. Sac. KO! 1 CERTIFICATION NYE crAnry IN Tel es saw was s ,.ad by b, assayed sisicant who re • Cithen Inter, Coinerinvel of Ihe Lite Saw (fa cep hot ftwe on of hate. 1. a CHECK ONE AS APPliCeitATE 5. 0 A meant eon. eon moo erosion (Form 1-151 te Ppm 145i) No b 0 A roaellizen oarporako aparaier ere dote business weer S. lees * NISI ere MO Seel is Mein ore panety reel in S. Voted Stake hearth flee bum ore wean la SePielon el CM Thew wale • me remind wen we lends" boor county end Pi The See veleta Cl own. a Shp ye rem Mn Net web ye fetes Anne, terienomon NOTE: 11 exeCuliel IX COOMMISPC al 111:0•011/45 vas sip Use reeve Sec F horieSSoty TYPE a P SAGNATO mu ASSibmant. Sect eLai Joan f Flight Options, LL a • James R. Dauterman nne •`O owE I li SKVIATUFIE TIRE °AYE NOTE Pray Nome d the Central, Cl Nene Rego.... We eine ea be woos la ii talle5 STN iii oxen Cl b dal. ewe mutt km to PINK OW Cil OM looicami, we be any. In Ow map* AO ram 0050.1(903) (C0524:01284037) SDNY_GM_02756081 7..-1 TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00243003 EFTA01328119

• 1- • vW0Hv7H0 • • AllO vHourix0 T•i j Ltd T NNWsoot N0il valsioaa 14O10HIV VYJ HAIM 03111 SDNYGM02756082 :T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFIA_00243004 EFTA01328120

ATTACHMENT 4.; Reg #: Model: TO AIRCRAFT REGISTRATI... APPLICATION cbicto, N793TA I ON Raytheon Aircraft Company 400A S/N#: RK-244 Gd Name of Applicant: Owning an undivided Interest of: Address: Me ca ca 1.) Southeastern Mills, Inc. 12.50% of 100% Shown on Original form hereto 2.) Colas. Inc. 6.25% of 100% Shown on Original form hereto 3.) Anthony ZIngale & Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto 4.) Robert Kettler 6.25% of 100% Shown on Original form hereto 5.) Samair, Inc. 6.25% of 100% Shown on Original form hereto 6.) Ronald A. Elenbaas 3.125% of 100% Shown on Original form hereto 7.) Ascent II, LLC 3.125% of 100% Shown on Original form hereto 8.) Prime Time Associates, LLC 6.25% of 100% Shown on Original form hereto 9.) Dockery Leasing Corporation 6.25% of 100% Shown on Original form hereto 10.) 11.) 12.) Signatures: Title: Date: Assistant Secretary of Flight Options, LLC Acting as Attorney-in-Fact for .3,4,5,6.7.8.9 ames woman By spreng above. the applicant agrees and stipulates (I) to the terms. conditions and <ealleation of the AC Form 8050-1 Airmail Registration Pocatello°. to which this page is attached (the 'Application. ). (II) that an of the nformabon set forth on the Application is true and cured as of this dale. and (III) the Application may be executed by the co owners by exec:ming separate counterpart signalise 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 apoicaton. SDNY_GM_02756083 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243005 EFTA01328121

VWOHVlm0 .1110 MOHM/0 I bid I OW S00? NOLLTUISIO3a 1JVUOHIV HUM 03114 SDNY_GM_02756084 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243006 EFTA01328122

FORM APPROVED OMB NO. 2120.0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE X X 0 2 8 5 2 1 RECORDED i APR 5 6P11026 FEDERAL 1.1.:IATI0N . AaiiiIISTRATION Do Not WM. In ThIs Mock 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- CIIVEYARCE CRIBED AS FOLLOWS: UNITED STATES REGISTRATION - 2ti1 NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 27Th DAY OF DEC., 2004 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 MIDOLE INITIAL.) DOCKERY LEASING CORPORATION 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 27'H DAY OF DEC., 2004. W w -I -I w to NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN IMO I r CUTED FOR TITLE (TYPED OR PRINTED) iP ALL MU IGN.) FLIGHT OPTIONS, LLC ASSISTANT •-t JAMES R. DAUTERMAN SECRETARY 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 al SDNY_GM_02756085 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EF1'A_00243007 EFTA01328123

411,,viyoutrivo friyollfr73/0 " r ud SOOT —8 NO/lye?, r llud vvi ,cflm iO3:371dposiv SDNY_GM_02756086 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243008 EFTA01328124

xx 0 28 5 20 FAA PARTIAL RELEAS , Ly; %:CE RECOnED • :..7P nn 9 91 Raytheon Aircraft Credit Corporation (thd'mSecbrea Party") as secured party under the Security Agreement describpfkia9c-idpficgd 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 MI force and effect. BEE RECORD= CONVEYANCE rnr,o It)/ tains p NUMBER Idaf 33\ Dated this e day of TeStactal 2005. DOC ID C PAGgij ka. Raytheon Aircraft Credit Corporation By: Name: Andrew A. Mathews Title: President 20640/ SDNY_GM_02756087 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 0024300 EFTA01328125

MOW/1M All3 VHOWV1510 II I Lid I [NJ SOU 88 NO11%18151038 3e3IV HUM 03113 • SDNY_GM_02756088 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243010 EFTA01328126

Exhibit A FAA Partial Release Security Agreement Aircraft Inventory Security Agreement dated as of January 28, 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), filed with the FAA on January 28, 2005 but not yet recorded (collectively the "Security Agreement"). Released Aircraft Interest Six and one-fourth percent (6.25%) undivided interest (representing the undivided interest conveyed to Dockery Leasing Corporation) 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 (collectively the "Aircraft"). 20640/ • SDNY_GM_02756089 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 `J IU EFTA_002430 I I EFTA01328127

• • bid S15: !ZS? VI/ HIM 0 3 11.4 V SDNY_GM_02756090 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002430 12 EFTA01328128

U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION CROSS-REFERENCE-RECORDATION SEE CONVEYANCE NO FILM DATE: This form 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 SECURITY AGREEMENT DATE EXECUTED 0128/05 FROM FLIGHT OPTIONS DOCUMENT NO. MM02742I TO OR ASSIGNED TO RAYTHEON AIRCRAFT CREDIT CORP DATE RECORDED February 22, 2005 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by registration Rumba) I TOTAL NIIMRFR INVOI VET) 1 N698CW (31.25%) N8 I ICW (18.75%) .N793TA (50.00%) GENERAL ELECTRIC CF34-3A 350125 350156 HONEYWELL INTERNATIONAL IFE731-5R P91122 P91123 PRATT & WHITNEY CANADA JTI5D-5 PCE-JA0256 PCE-JA0257 F:NGINES I TOTAL NIRARER NVOI VEll 6 MAKE(S) SEE ABOVE ' SERIAL NO. SEE ABOVE PROPELLERS 1 Trrrai NIIMRFR Two, vFn MAKES) SERIAL NO. SPARE PARTS -LOCATIONS I TOTAI • NIIMRFR INVOI VFI) LOCATION RECORDED CONVEYANCE FILED IN: N698CW 3008 CANADAIR CL.-601-2Al2 AC (l- )(0052-00-S32.4000) SDNY_GM_02756091 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243013 EFTA01328129

I SDNYGM02756092 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243014 EFTA01328130

FOPS APPOVEILI Olt Pie allOtet 1 UNITED STATES of MIFJVCA DEPARTSIT Of IONSPOREMON Malt out h3 0 tiannyinereal San etiona WM -... :MOOT reoernuncti POUCH ON CERT. ISSUE DATE '4 LOOTED STATES AEGISTW31311 MAKER ti 7_93TA IR AMOR OVIUFACTUREN A WM Raytheon Aircraft Company 800A FEB 2 g 2005 NOWT SEEM ii RK -244 FOR FM USE ONLY TYPE OP PEOMMON Mho ore TO 0 E MOO 0 E Nana 0 3. CArpsralicei DEC.ant 0 S. Gos't 0 tl.ft' caan SE OF APPUCANT (Peleell OSA M MOON* Ol Pelee. II isleilel le• Se NOM *SI Ant. W ITS20.1. 41 I • 9.) Flight Options, LLC 50.00% of 100% 6ee Attachment cNoLiin, legaelAcfj.) MOO.MOM I ) ADORS'0Poss Ss. tan be it visits* prop P.O. M9• eel eta at to be eat I Flight Optionsina lt Nast ad Ott 26180 Curtiss-Wright Parkway An RS Pal is an Richmond Heights ME OH DP CODE 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS AlTENTIONI Rad the Indorsing ittelnent DOOM Signing INS application. This portion RUST to cornplead. A OP • OPOW•I •••• • are Oran A ir• appkatel may CO got tnr, Anton by MO a d C. mortal Ala CS Thle It Sec ICON • CERTIFICATION II) It Ow ate Out • eat a.. weleonal applicant *A3 a • Oen (co lo mono) td Is Wed ant re el EMIR SO MA 0 Mt 14 011ICK OM AS APPROPIWEE • paten to MM Oen otalen Os o .IS, or Tee I WIN. — • 0 AIMS ceraten omit SC fag tam under Pe an cf afe. N rid tot • — ad pat/ ~MO tied Ste Oat is Ilepre Ter, se 2...2,au. IC. Illneake a SS Thal 13) TM ea son is IVII eglieloti vet al an er JO 'Mir Meer ad et Mena ol wont • teed te Me bit Ike MA Or FOSS MOON A6nrsibittaw, NOTE: u toad for 03-0eAnV AT ApPliante roei sign U90 reeYSO TOO ri noessani NAME TURF TITLE ant Secretary OATS 1 'x 0 g t Otpions, LLCk-In4:5 James R. Dauterman Tins ...*jek oats 14 SCNATWE TOE Ott MOTE Prep Moe SI re OASIS of Mt's (loglidellori, re see way Te lor a nce n tea • PO weed prod do duo aro Sr. as PM ow 0 la iota, — be est in Pa tali ACAms$3501m03) (03W4W2S.OXM SONY_GM_02756093 :T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00243015 EFTA01328131

•! c - • VII0//1)10 ' ADO VH01O1510 • ji0 C Lid LZ NUP SOO? a8 N011VU131938 1198381, Vtid H11M 03114 SON Y_GM _02 756094 TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 00243016 EFTA01328132

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION oa st), Va t}OS Reg #: N793TA . Model: Raytheon Aircraft Company 400A S/N#: RK•244 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) Name of Applicant: Owning an undivided Interest of: Address: Shown on Original form hereto Southeastern Mills, Inc. 12.50% of 100% Colas, Inc. 6.25% of 100% Shown on Original form hereto Anthony Zingale & Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto Robert Kanter 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 Signatures: mcsK ra erman Title: Date: Assistant Secretary of Flight Options, LLC A •ng as Attorney-in-Fact for .3.11c5.443,8 By signing above. the applicant agrees and stipulates (I) to the terms. conditions and cedificabon of the AC Form 8050-1 Moran Registration Application. to which das page is anached (the 'ApplIcallonl. (II) that all of the information set font. on the Application ts true and mated at of Ws date. and (III) the Application may be executed by the co-owners by executing separate comierpart signature pages. each of which when so executed and deflected shall be an original. but all such counterparts shall together constitute but one and the same application. SDNY_GM_02756095 C VI SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_002430 I 7 EFTA01328133

VPIONVT.40 All0 tql0HVMO 110 £ bid LZ NIIP Re 119 NOUVUIS10313 InV3IJIV %lid 'MA10311.4 SDNY_GM_02756096 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243018 EFTA01328134

FORM APPROVED OM NO. 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIA-T '14 1We ADMINISTRATION AIRCRAFT BILL OF SALE M. - ' ' 2 7 4 1 7 ...i t. RECORDED PM 4 11 AVIATION Write F Do Not OR FAA In This Mock USE ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DEGONVEYANCE CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION 2005 FEB 22 NUMBER N793TA MEM, AIRCRAFT MANUFACTURER & MODEL ADMINISTRATION RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 27TM DAY OF JAN., 2005 HEREBY SELL. GRANT, TRANSFER 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.) FLIGHT OPTIONS, LLC 25.00% OF 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND FITS., 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 27T" OF JAN., 2005. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) ECUTED OR O-OWNE SH , ALL M SIGN.) TITLE (TYPED OR PRINTED) MICHELS PIPELINE i !STANT SECRETARY CONSTRUCTION, INC. JAMES R. DAUTERMAN OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR MICHELS PIPELINE CONSTRUCTION, INC. ACKNOWLEDGEMENT (NOVREQUIRED 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 its SDNY_GM_02756097 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFI'A_00243019 EFTA01328135

c r r I VWOHY1)10 Alla C•101O1)10 60 £ Wd tz tier see th3 NOIlVa1S103N 10ThIlY rid ILLIM 031Id SDNY_GM 02756098 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243020 EFTA01328136

POPS aPPTICHEOL CMS N. 21204045 to UMW STATES a NICRICA OEFFRTMENT OF TROMPORIOTICel NOWA. AMMON AcenITMICINISI li MONFONY aliONAISICAL COMM AVCCAFT RITI011UMON APPUCATCM CERT ISSUE DATE '' REGI.IT LIZIONSZTIAABER IM 793TA AMMAR MANUFACTURER a M0CEL Raytheon Airetait COO 400A MOW! SEAM No. 2K-244 FOR FAA USE ONLY TYPE OF REOSTREDON 1000 ON UN 0 t MAIMS 0 E. PRINS* ID a Corporation MA 0,0•MIT 0 5. GOA. Ott ikna " r AMATO/ APPLICANT (lo.nea91 Soon a. *Aiwa 0 parentdo.PIMMOS. M r none. MI ANN, NM endr99 nag I ill 10.) Flight Options, LLC 25.00% of 100% (2ee Attachment kst\etszk k-.ks.crli.,$) • , numormarm, 3 ARMEN annword "ea ale is ant Nods IIIINOCIFO. BM( 91919 PrO•90 *doves ', at *no be TWAT / • Flight Options. LLC . Nolte er4101Mt isi rtn rn ir I' 4 CP-4,ir 14:::ht Taerle, ,r, y nal Plot PC. Iii an Richmond Heights EWE ON Zr• MOE 44143 o CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATEENT1ONI Awl the following newnent before signing this application. This portion MUST be completed. A See e deiblent PSI 9 env proton ,, On aopicaNn my, be °arras Tor consNort by One an, room:tunnel pAa Cca TIN W. SC. Mori • CERTIFICATION It) Two Sow So A I • owed by PA wenn, sant ...on dawn ircitorq capcono-el al MW FS. (Far KIN Most Mos awe al Insieeec _. I. Or CHECK CNE AS MNKIPPORE: a O A NNW Ow sin Ow mann (Form 1.151 co sow ISO) No O. O A was nn OliTaflan cooeread me ONg Wawa vibe to len of (s _ ea NM Sad 4 WAS ant pineely used Et We UMW RON Noosit We Non are aralobli OP esoecem al fa TAM ile SIM la ex oopinmou weer to bon of eng a obs 0, 44*/ eV la TAM ears *two of wan* o None or Ns PM SW Nti Ps rebind Ancor Acenrostreten NOTE: II Welded Ire CO-Cntneahlp all amicsAS mint or Use wens We 0 necessary TYPE NAME BE S NATURE TMEA$SiStaili: becretvr: I tions, LLCk DATE a.,- .somytts a I , eines R. Dauterman TIME CO OCT TURE nut oat Rant PenSoe NNW ce Ps Cetera., of Moe Rocoproon. re wed no be covered **Coo, not oi cased 9) Opt ONE SI, Now me PINK <Op/ Ot FS apple:Lon ma be Canted In IN Noel IC Form COSM(9/03) E052.004284007) SDNY_GE1_02 756099 :T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00243021 EFTA01328137

.•! :• VIV0Htik0 ADO VII0HY1)10 " Idd L2 Mgr SON NOLLVSISIO38 101/3HIY FILIAI 03114 SDNY_GM_02756100 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA 002430?? EFTA01328138

ATTACHMENT TO AIRCRAFT RE ISTRATION APPLICATION t.iacs os Reg 4: N793TA Model: Raytheon Aircraft Company 400A S/NS: RK-244 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9,) 10.) 11.) 12.) 13.) 14.) 15.) Name of Applicant: Michels Pipeline Construction, Inc. Owning an undivided Interest of: 25.00% of 100% Address: Shown on Original form hereto Southeastern Mills, Inc. 12.50% of 100% Shown on Original form hereto Colas, Inc. 6.25% of 100% Shown on Original form hereto Anthony Zingale 8 Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto z' Robert KetUer 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 Signatures: Title: Date: Assistant Secretary of Flight Options. 'IC Acting as Attorney-in-Fact for James R. Daulerman vaseC By signing above, the applicant agrees and stipulates (I) lo the terms. conditions and certification of the AC Form 8050-1 Arcraft Regmtration Appicabon. to Much this page is attached (the "Appkation"), ill) that all of the information set lath on the Applicatca is nue and curt ett as of this date. and (11I) the Application may be executed by the co-owners by executing separate counterpart Krohn pages. each of which when so executed and delivered shall be an original. but as such couniewpans shall together constitute but one and the same application. SDNY_GM_02756101 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243023 EFTA01328139

VIWHVT::0 A113 VI•lOW71)10 he Z Wd I2 Nth' SOO? JB HOUVUISia3t1 141'1/40a1V reri 11/114 03113 SONY_GM_02756102 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243024 EFTA01328140

FORM APPROVED OMB NO 2120.0042 U. S. DEPARTMENT UNITED STATES OF OF TRANSPORTATION ADMINISTRATION AMERICA FEDERAL AVIATI91414 OF SALE 8 2 7 ti 1 & RECORDED RECORDED 22 PP1 4 08 AVIATION Do FOR Wnte FAA uS This Not In ENO ONLY AIRCRAFT BILL FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CONVEYANCE CONVEYANCE CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION NOS FEB NUMBER N 793TA FEDERAL AIRCRAFT MANUFACTURER & MODEL ADMINISTRATION RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. 12K-244 DOES THIS 20TH DAY OF DEC., 2004 ' HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INOMDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) PRIME TIME ASSOCIATES, 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 20-m DAY OF DEC., 2004. CC isi -I -I tu m NAME (S) OF SELLER (TYPED OR PRINTED) SIGNA E (S) N INK) (I XE• D F E IP. L MUST GN.) TITLE (TYPED OR PRINTED) FLIGHT OPTIONS, LL ISTANT JAMES R. DAUTERMAN SECRETARY -- 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 et tv SONY GM 02756103 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243025 EFTA01328141

• 1 • • VVIOHV1)10 All0 1,0 2 lJd a raw see NOLLVal.S13313 1.0)101IIV VVi HUM 0311.3 SDNY_GM_02756104 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243026 EFTA01328142

FORM APPROVED OMB NO. 2120-0042 UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATI9N4 ADMINISTRATION AIRCRAFT BILL OF SALE La 0 2 7 9 1 5 •-• ,..., RECORDED C. PM 4 08 RAL AVIATION Do Not Wale In This 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- CONVEYANCE CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION ' 2005 FEB NUMBER N793TA FEDE AIRCRAFT MANUFACTURER & MODEL ADNINISTRATION RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 20TH DAY OF DEC., 2004 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDIVIDUAL M. GIVE LAST NAME. FIRST NAME. AND MIDDLE marrum..) 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 201" OF DEC., 2004. retu _I -I -I ES U) NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN *1< WEED OR CO. RSHIP ALL SIGN.) TITLE (TYPED OR PRINTED) COG OPERATING, LLC SECRETARY .ASSISTANT R. DAUTERMAN OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR COG OPERATING, 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_02756105 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243027 EFTA01328143

VII0liV1)10 AIIO V:101O1)10 110 Z Wd LZ NOP SOP, NOI.I.VEllS133a .1.11081Y YYJ HuVA 03114 SDNY_GM_02756106 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243028 EFTA01328144

FORM APPROVED . OMB NO. 2120-0042 U. S. DEPARTMENT UNITED STATES OF AMERICA OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE )4 1.1 0 2 7 4 1 4 RECORDED FEB 22 PM 4 08 FEDERAL AVIATION ADMINISTRATION Write In This F Do Not OR FAA USE ONBlock LY 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: CONVEYANCE UNITED STATES REGISTRATION NUMBER N 793TA 2005 AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 10TH DAY OF DEC., 2004 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: CC tu 0 < U 1 rx m a NAME AND ADDRESS (IF INDIVIDUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) ASCENT II, LLC 3.125%0F 100% 26180 CURTISS-WRIGHT PARKWAY RICHMOND HEIGHTS, OH 44143 DEALER CERTIFICATE NUMBER AND TO SINGULARLY ITS EXECUTORS, ADMINISTRATORS, THE SAID AIRCRAFT FOREVER, AND ASSIGNS TO HAVE AND TO HOLD AND WARRANTS THE TITLE THEREOF. IN TESTIMONY 2004. WHEREOF I HAVE SET MY HAND AND STALTFn /TURif OF DEC., Et w -I -I ui co NAME (S) OF SELLER (TYPED OR PRINTED) SIGN E (S) (IN INK) (I X UTED F CO-OWNER IP L MUS IGN.) TITLE (TYPE() OR PRINTED) FLIGHT OPTIONS, LLC ISTANT JAMES R. DAUTERMAN SECRETARY ACKNOWLEDGEMENT (NOT REWIRED FOR PURPOSES OF FAA RECORDING: HOWEVER. MAY BE REWIRED 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 03 IA SDNY_GM_02756107 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243029 EFTA01328145

VNIOW/1)10 ALIO VKONV1)10 h0 2 lid U NU 500? 88 NOI1V8181038 .W8040/ 'V4 H11iA 03113 SDNY_GM_02756108 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243030 EFTA01328146

FORM APPROVED OMB NO. 2120-0042 ea UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVDATRI0N Fru- 2 ADMINISTRATION AIRCRAFT BILL OF SALE i: • 4 I. 3 ti RECORDED 'VI 4 08 AVIATION Wnte In This Block Do F Nol OR 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 Dela4VEYANCE CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION 2005 FEB 22 NUMBER N793TA FEDERAL AIRCRAFT MANUFACTURER & MODEL ADMINIS1RATION RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS 10Th DAY OF DEC., 2004 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 IMTIAL.) FLIGHT OPTIONS, LLC 3125% 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 10Th OF DEC., 2004. W to _i ui (0 NAME (S) OF SELLER (TYPED OR PRINTED) SIGN RE (S) (IN Ira() E CUTED F E' HIP ALL MU SIGN.) TITLE (TYPED OR PRINTED) MCHALE-MATTS,EN ..t ISTANT SECRETARY INTERESTS, LLC JAMES R. DAUTERMAN OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR MCIIALE- MATTSON INTERESTS, 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 " SDNY_GM_02756109 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024303 I EFTA01328147

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U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION „SHOES-REFERENCE-RECORDATION -... SEE CONVEYANCE NO FILING DATE: This form 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 copyin each aircraft folder involved. TYPE OF CONVEYANCE Supplemental Aircraft Inventory Security Agreement DATE EXECUTED 5-27-04 FROM Flight Options LLC DOCUMENT NO. -1-7 REoc tlin.\ RI- I TO OR ASSIGNED TO Aircraft Credit Cosy 1 • DATE ( 14 Raytheon I t )5 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by registration minter) I TTITAI. M RARER MVOINFD 7 iN793TA N898TA N437CW N495CW N862CW N813CW N435CW Pratt & Whitney Canada LTD JT I 5D-5 PCEIA0256 PCEJA0257 PCEJA0360 PCE1A0364 PCEJA0240 PCEJA0243 PCE100191 PCE100192 PCEI00250 PCEI00225 Honeywell International Inc TFE731-5BR P91243 P91241 P107356 P107368 ENGINES I TOTA I NI IMRFR INVIII vFn 14 MAKE(S) SEE ABOVE SERIAL NO. SEE ABOVE PROPELLERS • I Tont NIDARFR Divoi VFI) MAKE(S) SERIAL NO. SPARE PARIS -LOCATIONS I Trrrm NI IFARFR Il4VOI WI) LOCATION RECORDED CONVEYANCE FILED IN: N798TA Raytheon Aircraft Co 400A sn RK198 see document 8122733 C305 pg I AC FORM 4150-23 (146) (0052-00-5524000) SDNY_GM_02756111 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243033 EFTA01328149

SDNY_GM_02756112 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243034 EFTA01328150

U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION CROSS-REFERENCE—RECORDATION SEE CONVEYANCE NO FILING DATE! This form is to be used in cases where a conveyance coven 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 SUPPLEMENT AIRCRAFT INVENTORY SECURITY AGREEMENT (SEE CONVEYANCE 145122733, C306, PG. I) DATE EXECUTED 10/15/04 FROM FLIGHT OPTIONS LLC DOCUMENT NO. i900 0 1_5 c9 TO OR ASSIGNED TO RAYTHEON AIRCRAFT CREDIT CORP DATE RECORDED 1--a0 - 05 THE FOLLOWING COLLATERAL IS COVERED BY THE CONVEYANCE: AIRCRAFT (List by registration number) I TOTAI. NI ISIRFR OWN VFD 9 N405CW N437CW N712TA ./...-- N793TA N427CW N380CW N6 I 7TA N813CW N828CW ENGINES PRATT & WHITNEY CANADA LTD 1115D-5 PCE-JA0383 PCE-JA038I PCE-JA0240 PCE-JA0243 PCE-JA0139 PCE-JA0140 PCE-3A0256 PCE-JA0257 PCE-I00233 PCE-100244 HONEYWELL INTERNATIONAL MC TFE73I-3 P-87I75 P-87200 PRATT & WHITNEY CANADA LTD PT6A-42 PCE-PJ0483 PCE-P.10479 HONEYWELL INTERNATIONAL INC TFE731-5BR P-107356 P-107368 P-I07391 P-107412 ENGINES I TOTAI. NI IMRFR Nvni.vrn IR MAKE(S) SEE ABOVE LIST SERIAL NO. PROPELLERS I TOTAI NI!MRFR INVOI VFII MAKE(S) SERIAL NO. SPARE PARTS -LOCATIONS I TOTAI NIIMRFR /WW1 VET) LOCATION RECORDED CONVEYANCE FILED IN: N79BTA, RAYTHEON AIRCRAFT CO 400A, SERIAL RK-198 AC FORM 1050-23 (I.96) (0052-00-502-6004) SDNY dm 02756113 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243035 EFTA01328151

SDNY_GM_02756114 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243036 EFTA01328152

e re - UNTIED STATES a AMERICA COMTISM 01 TRANSPORTATION a- Monty Abillarliaosa INONNOMIT AdflOtatmCa. CAP AMPLY" REGISIRMION APPUCCION LIAITED STATES at neGellilanCiN NUMBER 793TA ARCRAR MAPUTTOCOMER a la. Raytheon Aircraft Company 400A Mara/AFT SEAM/ Na RK-244 FORM IPPECYSIS OM NA 11200/13 CERT. ISSUE DATE LA N0V 16 leak FOR FAA USE ONLY TEN OF Pif0a3T/IATION Ran as RFT 0 I. IndrACIAT 0 2. PailnerStip 0 3. Onamon QA. teams O S. Gael. O Il./4"inn MIME a APPUCANT (Pewee arose on Nemo ai emenrea a WISMAIM Vie Ha cat dal AAA at 11 WOW il 10.) Flight Options, LLC 25.00% of 100% (.2ee Attachment aadretil tt,14.0.1/41) TELEPHONE liumairt ( I .MOW-38 (..... 01 ie. 'Ala ond appkade labal.10IPO. PDX a ad. prdcaA Man num am by Coin) Flight Options, LLC Plus ;d atrect 2614W -Curtiss —Park way Rural Ater". Po. Ss COY Richmond Heights SW! OH A COCK 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS AlTENDONI Read the following statsensett tailors signing this application. This portion MUST bs compisted. A lase a deramsal mama lo WV Odanon S. as Cadcalco may to Arca ice puretowni ty pee as / re emiscrereni • COSA PS 4. %C. 0:01) CERTIFICATION VNE CEInint. (i) its the stow wasn a Gang no ~ono noon. •n• • • Slew "tom cOlOrla0d* a ell Pram Coo. (Rs mere Out fp* nano al Pam I. OC CHECK OM AS APPROPRIATE: a. 0 A mean So. nth allodaptilndan IForrn TEE a Fawn 1.561) TM t. O A and$ CapdralCO Coldidalitl U.S arse banma anew sr s1 al Oa _ IN sad mat a ten are pmerfesa in Pe US) Slain Nardi od INN Ian se davaitai b bronco at (2) Thal PO teak ch his SO TYPE id MI nadalarad 0/00,C• a.. : if ilealaill0 INT NAME Walat Illa Ism of any been ape): and di glaCkEd Of MO AM IMO ea WO Rafersl Avlokal Aanadattace. be Si lipPaanIS mg lip Ulm ream aide If necessary. SIGNATU F a TITLE Assistant Secretairia h Options. lircyl l• James R. Dauterman MU 1:) oat acNATMaE MU DUE KITE Neap reColpt Of The Certeass at Ansa Regesiam. aMcartein arm be Opeassees a mess b in eaten a90 dart dump otiett WO We MK Copy ce We ea Ram e• males R Pa alma AC Farm IMS3-1 1903) I00520342134007) Nm SDNY_GM62T56115 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00243037 EFTA01328153

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ATTACHMENT TO AIRCRAFT EG STFtATION 4.6 4 APPLICATION 1.) 2.) 3.) 4.) 5.) - 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) 15.) Reg 4: Model: SINN: Name of Applicant: Michels Pipeline Construction. Inc. N793TA Address: Shown on Original form hereto Raytheon Aircraft Company 400A RK•244 Owning an undivided Interest of: 25.00% of 100% Southeastern Mills, Inc. 12.50% of 100% Shown on Original form hereto Colas. Inc. 6.25% of 100% Shown on Original form hereto Anthony Zingale & Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto Robert Kehler 6.25% of 100% Shown on Original form hereto Samair, Inc. 6.25% of 100% Shown on Original form hereto McHale.Mattsson Interests, LLC 3.125% of 100% Shown on Original form hereto Ronald A. Elenbaas 3.125% of 100% Shown on Original form hereto COG Operating. LLC 6.25% of 100% Shown on Original form hereto Signatures: mes n Title: Date: Assistant Secretary of Flight Options, LLC Acting as Attorney-in-Fact for 6,7.8.9 m Vice President of Raytheon Travel Air Co. Acting as Attorney-in•Fact for #5 By sgning above, the applicant agrees and stipulates (I) to the terms. conditions and certification of the AC Fonn 8050-I Mcralt Registration Application, to *hitch Iles page is attached fele 'Application"). (II) that all of the ireorrnalion eel forth al the Application is true and correct as ot this dale. and (n) the Aeration may be exec .:WO 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 coe and the same application ea a, nis Pe. CI SDNY_GM_02756117 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243039 EFTA01328155

VNI0HV1)10 1110 VH0I4V1N0 12 C Wd hT 100 11002 88 N0IVISIS1038 1.O1331IIV VVd HUM 03114 SDNY_GM_02756118 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243040 EFTA01328156

ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) Reg #: Model: SAW: Name of Applicant: Michels Pipeline Construction, Inc. N793TA 400A Address: Shown on Original form hereto Raytheon Aircraft Company RK-244 Owning an undivided Interest of: 25.00% of 100% Southeastern Mills, Inc. 12.50% of 100% Shown on Original form hereto Colas, Inc. 6.25% of 100% 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 Samsh., Inc. 6.25% of 100% Shown on Original form hereto McHale-Mattsson Interests, LLC 3.125% of 100% Shown on Original form hereto Ronald A. Elenbaas 3.125% of 100% Shown on Original form hereto COG Operating, LLC 6.25% of 100% Shown on Original form hereto 11.) 12.) 13.) 14.) 15.) Signatures: James R Dautermen Lai AP-12 r a s, I iaragi.est_Q VVilltarni Watsch James R Dautertnan Title: Assistant Secretary of Flight Options. LLC Acting as Attorney-in-Fact for #1.2,3,4,6,7.8,9 Vice President of Raytheon Travel Air Co. Acting as Attorney-in-Fact for #5 Date: Assistant Secretary of Flight Options, LLC for #10 By signing above. the appacant agrees and stipulates (RIO the leans. condshons and cerlikabon 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 end curled n of this date. and (Ill) the Application may be exeeuted by the ea-ovaien by executing separate counterpart signature pages. each of which when so executed and delivered shall be an original, hut as such mutates/1s shall together constitute but one and the same application. SDNY_GM_02756119 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024304I EFTA01328157

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FORM APPROVED " le wo 2 UNITED STATES OF AMERICA U. a DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION AOMINiSTRATIC)N AIRCRAFT BILL OF SALE kit) I w -• - f CONVEYANCE RECORDED 04 NOU 16 fin 2 52 FEDERAL AVIATION ADMIMSTRATION roe rAA WIC ONLY FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF TI IC BULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: . UNITED STATES REGISTRATION NUMBER N 793TA AIRCRAFT MANUFACTURER 8 MODEL RAYTHEON AIRCRAFT COMPANY 400A AIRCRAFT SERIAL NO. RK-244 DOES THIS Is?' DAY °Roar., 2004 HEREBY SELL. GRANT. TRANSFER AND DELIVER ALL RIGHTS. TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS oF INDIVIDUAL Mk GIVE LAST NAME. FIRST NAME. MC Mt DOLE MERL) FLIGHT OPTIONS, LLC 12.50% OF 100% 26180 CURTISS-WR1CHT PARKWAY RICHMOND HTS., OH 44143 OCALCII COTTIFICATC NUMDCR AND TO ITS EXECUTORS. ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD SINGULARLY THE SAID AIRCRAFT FOREVER, AND ARFtANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HA ND SEAL THIS 1 Sr0Foei, 2004. SELLER NAME (5) OF SELLER (TYPED OR PRINTED) SI TURE (S) um IN IF EXECUTED FOR SniP. ALL MUST SIGNI TITLE (TYPED OR PRINTED) AIRCAP, LLC ntri tliff ei - --- ACKNOWLEDGEMENT INOT REOVIRED FORPURPOSES OF FM RECORDING; Mavt.Veft, MAY &a REWIRED DV LOCAL LAW FOR VALIC4TT OF THE INSTRUMWT) ORIGINAL: TO FAA AC Form 8050.2 (9/92) (NSN10052-00.629.0003) Supersedes Previous Edition K ZroLAL CO9t ca OD ez. c. SDNT_GM_02756121 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243043 EFTA01328159

VHOHV1NO 4110 V11014V1NO £ hid hi 100 NO? Ne NOILVtilS1031114VHOWV VVi HUM 03114 SDNYGM027561 22 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243044 EFTA01328160

0 FORM ~MD OMB No reocpee 03 UNITED STATES OF AMERICA DEPARTMENT OF TRANSPORTATION Mom ~NON AINIEnattaa NOONOstY ANICOMUTCA4 Op CORM AdFICRAST FIEOSTPATO/ APPUCATICH CERT. ISSUE DATE I' j osurj on„t e , N793TA AIRCRAFT MANUFACIINEER I EOM Raytheon Aircraft Company 400A 30 L. ..b.,...... RK-244 FOR FM USE ONLY • TYPE OF RECIII311101011 iChnn ant 5:Al Q t ~ANY 0 2; ~0 O 3. CaPOnepon la 4. 03-oodw 0 S. Gun 0 tftnapin WYE a APPUCINT /SO fl an an sidemen a wren. 0 ~NI. MN na PM nun. Ira ontd• MC pm . • e 11 , ) Flight Options, LLC 12.50% of 100R 6ee Attachment &Area) I CrIX... TELEPHOW ~II I ) ADDRESS Twinned maim ales Oita @Mod SPAM P.O. KU N Is PROdne Sawa ,FAOI OM be Scrim.] Flight Options, LLC was an4 abut 26180 Curtiss-14 48kt Par5”ay Pal Ras IN/ DEC an Richmond :Heights STATE OH aP calE 44143 0 CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION I Reed the following atetensent Neon signing this application. This portion MUST be completed. • A IS a Clainnait ~bony ~Pon r PA Apicaeon nay be pox& for prentmo-r by sip and Or reann.-met (U.S Cam nee ie. Sec I II • CERTIFICATION MI CERTIFY 0) DIN Pa MOM an n man IN en 40.00P/RA SPOICait Ate i• • damn cnschty oneecrorn, tee he tereed Semi OW wee ow pa new a Oar I. ct OCOt ONE AS AIMOMMII: al:JARMAN Yen. nil% elan deflo (Fun, I.ISI or Form I-SWO lie _— IT CI A rawilein onovIon apwc an *Me beernal Mw re r. fl ea» And old alinft e bard inn meeley Need In Ow 1ST Elba %MIA ad "pi roues a •~1 la none. a (2) TN, V* Swat Is nil Minn! us, or en law, o/ Any Nair ~NY. den (3) To, haw waive a ~egg n ala~ cy Is been find -In Po Fan ~Mon eariseace NOTE le exemelsce br co-ownershipellappicanie mur. .ion Use mane eir» Il nn",anFY TYPE INT NAPE SI RE nneAssistant Secretar DATE g tions, LLCityg,456, h TUR ames R. Dauterman tnae \K OATE åg2i SCOUTURE ME DATE NOTE Peel '9~ 0 Ps Cdreecate CI ~MA ~MORN MD Meet Mt be genic. lot a pen:d nagging Cl St) ewe twine icier, NM no PINK cow 8 INs ~Ws nun is GAMS in n drama AC ken K60-I (5/03) f0:62-03684007) POOZ/50/0T 00. 5$ SDNY_GM_02756123 T TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00243045 EFTA01328161

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• ATTACHMENT TO AIRCRAFT REGISTRATION APPLICATION deLlied 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) 10.) 11.) 12.) 13.) 14.) 15.) Reg #: Model: SIN#: Name of Applicant: Michels Pipeline Construction, Inc. N793TA Address: Shown on Original form hereto Raytheon Aircraft Company 400A RK-244 Owning an undivided Interest of: 25.00% of 100% Southeastern Mills, Inc. 12.50% of 100% Shown on Original form hereto Aircap. LLC 12.50% of 100% Shown on Original form hereto Colas, Inc. 6.25% of 100% Shown on Original form hereto Anthony Zingale & Teresa M. Zingale - Trustees 6.25% of 100% Shown on Original form hereto Robed Keeler 6.25% of 100% Shown on Original form hereto SantaJr, Inc. 6.25% of 100% Shown on Original form hereto McHate-Mattsson Interests. LLC 3.125% of 100% Shown on Original form hereto Ronald A. Elenbaas 3.125% of 100% Shown on Original form hereto COG Operating, LLC 6.25% of 100% Shown on Original form hereto Signatures: tutennan Wiham J. Watch Title: Date: Assistant Secretary of Flight Options. LLC Acting as Attorney-in-Fact for 4 5 7 8 9 10 Vice President of Raytheon Travel Air Co. Acting as Attorney-in-Fact for #3,6 By signing above. the applicant agrees and sbpulates (l) lo the terms. condibons and cenincevon et the AC Form 8030-1 Aircraft Registration Application. to which this page is attached (the -Application-), (It) that au 04 the information set forth on the Applcation ii true and correct as of this date. and (III) the Appsoleon may be executed by the co-owners by execubng separate counterpart signature pages. each of which when so executed and delivered shall be an origial. but such counterparts shall together constitute but one and the same sepricalion. :. . SDNY_GM_02756125 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 to 3-4 CO 03 to j EFTA 00243047 EFTA01328163

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to 03 03 01 ATTACHMENT TO AIRCRAFT RE IST .1 ON f APPLICATION I. Reg #: N793TA Model: Raytheon Aircraft Company 400A S/N#: RK-244 1.) 2.) 3.) 4.) 5.) 6.) 7.) 8.) 9.) Name of Applicant: Michels Pipeline Construction, Inc. Southeastern Mills, Inc. Aircap, LW Colas, Inc. Anthony Zingale 8 Teresa M. Zingale - Trustees Robert Kehler Samair, Inc. McHale-Mattsson Interests, LLC Ronald A. Elenbaas 10.) COG Operating, LLC 11.) 12.) Signatures: James R. Daulerman LA) ail . t. Wiliam J. Waleson James R. Dautennan Owning an undivided Interest of: 25.00% of 100% 12.50% of 100% 12.50% of 100% 8.25% of 100% 6.25% of 100% 6.25% of 100% 6.25% of 100% 3.125% of 100% 3.125% of 100% 6.25% 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 Title: Date: Assistant Secretary of Flight Options, LLC Acting as Attorney-in-Fact for #1,2,4,5,7,8,9,10 Vice President of Raytheon Travel Air Co. Acting as Attomey-in-Fact for #3,6 to-4-0-C AssistantSecretaryof Flight Options, LLC for #11 8y signing above, the applicant agrees and stipulates (I) to the terms, conditions and certification of the AC Farm 13050.1 Aircraft Registration At:vacation, to which this page is attached (the *Application"). (II) that all of the Information set forth on the Application S true and cared as of thS date, and (III) the Application may be executed by the co-owner by executing separate counterpart signature pages. each of which nisei SO executed and delivered shall be en original. but all such countertSts shall tcgertier constitute NA one and the same application. SDNY_GM_02756127 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243049 EFTA01328165

VIIOHIMIO A110 VPIMIV1310 E^ 1 bid S 130 taz be NOIIVVISIO3ti Idebealb , 'Y HIM% 03114 SDNYGM02756128 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243050 EFTA01328166

FORM APPROVED OMB NO 2120-0042 " wile — UNITED STATES OF AMERICA U. S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION AIRCRAFT BILL OF SALE ,., CT1 r., Cli • -9 27 3 9 1 2 CONVEYANCE RECORDED NOW 16 nn 2 52 AVIATION IMIT.STRATION Do NW Wrde In This Block FOR FM USE ONLY FOR AND IN CONSIDERATION OF $1.00 ow THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: • UNITED STATES REGISTRATION NUMBER N 793TA 2004 AIRCRAFT MANUFACTURER & MODEL RAYTHEON AIRCRAFT COMPANY 400A FEDERAL A AIRCRAFT SERIAL NO. RK-244 DOES THIS 2TIN DAY OF SEPT., 2004 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: L PURCHASER NAME AND ADDRESS (IF INDMOUAL (S). GIVE LAST NAME, 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 SINGULARLY ITS EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF. IN TESTIMONY WHEREOF I HAVE SET MY HAND AND SEAL THIS 27TM OF SEPT., 2004. SELLER NAME (S) OF SELLER (TYPED OR PRINTED) SIG RE (5) (IN IN (IF E CUTED RSH TITLE (TYPED OR PRINTED) SL WINGS, LLC STANT SECRETARY JAMES R. DAUTERMAN OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR SL WINGS, 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_02756129 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_0024305 I EFTA01328167

VWOHV1N0 AI10 VPIONV1NO Oh I bid h 130100? 88 NOLLV8181038 1JV8381Y VVd HUM 031Id SDNY_GM_02756i 30 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243052 EFTA01328168

EOM WPM) I 0 6 0 ar is two, 0.41 2 13 " STATES AAA 0, tom. RANKS Naloyinegyes •00110111YAIRGIAUTCAL COSA • AIRCRAFT REEINFIRATION •PPUCATION CERT. ISSUE DATE wemorams N /93TA REGISTRADON Mae • AIRCRAFT IMPILIFACTUFERA YODEL Raytheon Aircraft Company 400A S°I-D AIRCRAFT SERIAL NO. RK-244 FOR FAA USE ONLY TYPE OF REGISTRATION (Owl Na D•a/ O I. WINOS 0 2. PoNesiap 0 a Coporason Cks. Coon O 5. Gilt O N. ter'ettilm Capassen NAPA OF APPLICANT Soon se yp•Gompi M Marco of eananNollahhoGat ilL• No. Its. nets And mddi• MIA) ilk 12.) Flight Options, LLC 6.25% of 100% (: See Attachment 4-dg 7 -/3-057) TELEPHONE MAKER I / mans (Pyrewronl nave addRaittlEN w hael)OIPS BM Sows OtOlmi Name PPR SOS Ga."/ Fligh Options, LLC *hew NV Gat 26180 Curtiss-Wright Parkway Rim Abs P.O. Ow CITY Richmond Heights STATE OH DP COOS 44143 ID CHECK HERE IF YOU ARE ONLY REPORTING A CHANGE OF ADDRESS ATTENTION! Reed the IOSOWN102 SUIENTILWN before signing this application. This portion MUST be compietelS. A telse en en•cnnot anhoy to any pawn r me appal°, nay to rands a 1:‘,.....nrt by Ing led 'CnrPlOWS• ., Coat Tao N. Sec 10011 CERTIFICATION NYE CERTIFY (I)ITS Th ••••• sa:•••• a/ Wm ISO SM. • Phan IN re Phanarad oophan. at. 0 • Plan 'nano oncoraarto FYI hes OWL OR roma of via Aar _ _ CHECK Old /4 APPROPPLUE a 0 A Nadia allen. Will Sal nyoayalon Pant IRIS, N Fon. 1.561/ No. to 0 AMA-CALM copra*" organza, NV GIG halms um*, Pe Lon 0 Oat N cad antat a bend Na proms./ toed h Il* IPSO Pam Flocooch or We Sus NO OOPS b PAPPACP 0 0 ITN In• waS CO Ds 490 warm NOTE: TYPE PII a rot ••••••0 woe ha Ian of any bhp many ohs of canny a altavone cF Ma son ate Iwo Na Fenn/ Ananny AC/Wigton II INSIGNO la CO-Oornershp all ayLolcarns trial sr Use •vnyyso 54* II necasamt NAME BE IGNATURE 92 .-. Assistant Secreta -I 13 Options, unt3 a awes R. Dauterman TITLE /C;L DATE on a SCPLATIAIE TITLE DAIS NOTE Penang MOOG Of IN C*1 ci Alt:IA Aegean. Pe anal .../ be arasd PC, a peno3 not n eland SO Oro anno MM, Na P. PINK N on Of MIS Sops:awn ow to (AIM il Pa retest AC Foni MI (5/03) (COSTC0434007) SDNY_GM_02756131 7 TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, EFTA_00243053 EFTA01328169

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.--0 0 0 0 _a 0 0_2 Q . A liALIIMaN O AIRCKAt- REWS t KATI N APPLICATION Reg N793TA - Model: Raytheon Aircraft Company 400A • SINN: RK-244 Name of Applicant: Michels Pipeline Construction. Inc. Southeastern Mills, Inc. SL Wings. LLC Aircap, LLC Colas, Inc. Anthony Zingale 8, Teresa M. Zingate Trustees 7.) Robert Kettler Samair, Inc. McHale-Mattsson Interests. LLC Ronald A. Elenbaas COG Operating, LLC Signatures: James R Dauterman William J. Wallach Owning an undivided Interest of: 25.00% of 100% 12.50% of 100% 6.25% of 100% 12.50% of 100% 6.25% of 100% 6.25% of 100% 6.25% of 100% 6.25% of 100% 3.125% of 100% 3.125% of 100% 6 25% of 100% 1-(3-0/' 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: Assistant Secretary of Flight Options. LLC Acting as Attorney-in-Fact for .2.3.5.6.8.9.10,11 Vice President of Raytheon Travel Air Co. Acting as Attorney-in-Fact for #4,7 By signing above, the applicant agrees and stipulates (I) to the terms. Conditions and certification of Use AC Form 8050.1 Aircraft Registration Appian:in. to which this page is attached (the 'Applocabonl. (II) that as of the information set forts on the Application Is true and correct as of this date, and (Ill) the Applicata, may be executed by the cogamens by executing separate counterpart signature pages. each of which wnen so executed and delivered shall be an original, but all such couMemans shall together constitute but one and the same appbcabon. SDNY_GM_02756133 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _00243055 EFTA01328171

• • All° V4;221° 92 C bid :."!° • be kOi r) • 7ip ‘002 y, ' 4'110 6 741-21d,-, , fr. SDNY_GM_02756134 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243056 EFTA01328172

0 0 0 0 0 0 0 2 0 6 2 ATTACHMENT TO AIRCRAFT REGISTRA ION APPLICATION 'tee 7_f ;-°,7 Reg #: N793TA Model: Raytheon Aircraft Company 400A SIN#: RK-244 • Name of Applicant: Michels Pipeline Construction, Inc. Southeastern Mills, Inc. SL Wings, LLC Aircap, LLC Colas, Inc. Anthony Zingale & Teresa M. Zingale Trustees 7.) Robert KeWer 8.) Samair, Inc. 9.) McHale-Mattsson Interests, LLC 10.) Ronald A. Elenbaas 11.) COG Operating, LLC 12.) 13.) 14.) Owning an undivided Interest of: Address: 25.00% of 100% 12.50% of 100% 8.25% of 100% 12.50% of 100% Shown on Original form hereto 6.25% of 100% Shown on Original form hereto Shown on Original form hereto Shown on Original form hereto 6.25% of 100% 6.25% of 100% 6.25% of 100% 3.125% of 100% 3.125% of 100% 6.25% of 100% Signatures: James R. Dauterman Loa arliaa. 9 . LeSCR Wean .1. VYalllsch James R. Daliterman 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 Assistant Secretary of Flight Options. LLC Acting as Attomey-in-Fact for #1.2.3.5.6.8.9.10.11 Vice President of Raytheon Travel Air Co. Acting as Attorney-in-Fact for #4.7 Date: 1-/3-05/ Assistant Secretary of Flight Options, LLC for #12 By signing above. the applicant agrees and stipulates (I) so the terms. condibore and cerblicabon of the AC Form 8050-1 Aircraft Registration Applications to which this page is attached (the 'Applicationl. (II) that all of the information set forth on the Application is true and cuffed a of this date, and (ftl) the Application may be executed by the co-owners by executing separate counterpart signature pages. each of which when so executed and deavered shell be en cope, but at such COWIE/Wt. shall together constitute but one and the same application. SDNY_GM_02756135 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243057 EFTA01328173

• • tr:ICIIV1NO A110 V:101-,t1U0 93 £ Lid CI 1111. 2i0 kCife(71.4'13.i. 1JY43diti 031/d SDNY_GM_02756136 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243058 EFTA01328174

00000002 05 9 FORM APPROVED OMB NO. 2120-0042 U. S. DEPARTMENT UNITED STATES OF OF TRANSPORTATION ADMINISTRATION AMERICA FEDERAL AVIATION OF SALE 06 RECORDED 7 3 9 1 1 16 R19 2 52 AVIATION Do Not Write In This Block FOR FAA USE ONLY AIRCRAFT BILL FOR AND IN CONSIDERATION OF $1.00 ovc THE UNDERSIGNED OWNER(S) OF THE FULL LEGAL CONVEYANCE AND BENEFICIAL TITLE OF THE AIRCRAFT DES- CRIBED AS FOLLOWS: UNITED STATES REGISTRATION 2004 NJU NUMBER N 793TA AIRCRAFT MANUFACTURER & MODEL tt RAYTHEON AIRCRAFT COMPANY 400A ADMINISTRATION ERAL AIRCRAFT SERIAL NO. RK-244 DOES THIS 9" DAY OF JULY, 2004 HEREBY SELL, GRANT, TRANSFER AND DELIVER ALL RIGHTS, TITLE, AND INTERESTS IN AND TO SUCH AIRCRAFT UNTO: PURCHASER NAME AND ADDRESS (IF INDMOUAL (S). GIVE LAST NAME. FIRST NAME. AND MIDDLE INITIAL.) COG OPERATING, 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 9" OF JULY, 2004. CC w -I w CD NAME (S) OF SELLER (TYPED OR PRINTED) SIGNATURE (S) (IN INK) II TED FOR CO.OWNE HIP, LL MUST S .) TITLE (TYPED OR PRINTED) 1FtEl AIR, LLC ISTANT SECRETARY JAMES R. DAUTERMAN OF FLIGHT OPTIONS, LLC ACTING AS ATTORNEY- IN-FACT FOR REI AIR, LLC ACKNOWLEDGEMENT (NOT REQUIRED FOR PURPOSES OF FM RECORDING: HOWEVER. MAY BE REOUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.) ORIGINAL: TO FAA AC Form 8050.2 (9/92) (NSN 0052-00-629-0003) Supersedes Previo001. se, SDNY_GM_02756137 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243059 EFTA01328175

• • VIICHV120 AIM vroionNo 9? £ lid CI Mr IN as NOIJ.VILLS103tIllib010Y VIA HIM 0311i SDNY_GM_02756138 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243060 EFTA01328176

3910 LOAN Q07 03 (For use on deals drawn under the September I, 2003, Agreement) CONVEY4NCE FAA RELEASE RECORDED Raytheon Aircraft Company Model 4004 „ Alfa Manufacturer's Serial No. RK-244 Sc-n f_tooft . t. 200lidlibitifion RR. ?NAVA PAGE Engine Make and lylpelel Ipxa cc & Whitney JT150-5 O Engine Se is 44EISTAQ10256 and PCE-JA0257 DOC° Propeller Make and • *MA TI 0 N Propeller Serial Nos. N/A The undersigned, assignee of the interest of Raytheon Aircraft Credit Corporation, Secured Patty under the Security Agreement dated December 31, 1999 with Aircap ILC as Debtor, recorded by the Federal Aviation Administration on March 6 , 2000 as Conveyance No. X140282 , which Security Agreement was assigned to the undersigned pursuant to the FAA Assignment dated as of September 22 , 2003 recorded by the FAA on September 29, 2003, as Conveyance No. R062974 , hereby releases all of its interest in the collateral covered by said Security Agreement. • Dated this day of 4:41212a , _2120i BANK OF AMERICA, NATIONAL ASSOCIATION AS ADMINISTRATIVE AGENT By: Asp / athlecn M. Carry, Vice P sident BA0039 The undersigned assignors hereby release all of their interest, if any, in the collateral covered by the Security Agreement described above. Dated this ktday of (Mk." 2004 . Raytheon Aircraft Raytheon Aircraft General Aviation Receivable. tion Credit Receiva By: By: By: Nam Nam A Mathews Title: President Title: President Title: Ftesident This Release shall consist of this one page only, with no schedules, appendices or similar attachments attached hereto. MDIA GA LOAN ItELEASE.DOG SDNY_GM_02756139 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243061 EFTA01328177

VW/HYING Alla V/10141/1U0 a C Lid hi 130 6002 88 NOIlVei/S1038 14V8OHIV %it'd HUM anu SDNY_GM_02756140 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243062 EFTA01328178

U-S. Department Flight Stsfidankt strvies P.O. Box 25504 of Transportation Aircraft Registration likanch, Oklahoma City. Oklahoma 73126-0504 AF3-750 (405) 954-3116 Federal Aviation WEB Addren: http://regletry.faa.gor Administration botA Ntit- rucirrOPTIONSLIC -P II 64 I- September 8, 2004 ea /g dieled--' MICHELS MPEUNE CONSTRUCTION NC BT Al. tiUMBEH CHANGEU I0 CIO IATS O BM 10 S CP 2 ° 4°4 PI) ROM Dear Sirs! The FAA Aircraft Registry issued an AC Form 805044, Assignment of Special Registration Marks, on June 10. 2004. This form authorized the use of special registration mark N445LX on Raytheon Aircraft Cognany 400A aircraft, serial number RK-244 NIRITA. The authorization form 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: O The special registration mark HAS BEEN painted on the aircraft. T u be the number. for use of the special number. Enclosed is a SW fee required to reserve special registration mark HAS NOT BEEN painted on the aircraft but will be at a later date. Please extend authorization • The special registration mark WILL NOT BE USED on this • „‘" Additional Requirements: itra-ClatIccans— Linda Mains Legal Instruments Examiner Aircraft Registration Branch AFS-750403-1 (7/04) p1/4.0.0f rdlia paa&2_, - Ma to 01P-4) SDY_GM_02756141 SUBJECT TO PROTECT IVE ORDER PARAGRAPHS 7, 8, 9, 10,N15, and 17 EFTA_00243063 EFTA01328179

• tq!ci fl 'oil •;'.. ecti_tfkivo o howThrivo sr tr till ve Nor - 'OS h#11, 2trdisio3 i v7 .911M 03.7pOult, SDNY_GM_02756142 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243064 EFTA01328180

NUMBERCHANGEDT0 aantatad, DATE in SEP 20 2* 1 0 USOopolvani clIcescarlarion swam seesion Adnibbineton ASSIGNMENT OF SPECIAL REGISTRATION NUMBERS Special Registration Number N 44 SI X nweralt Make end Model RAYTHEON AIRCRAFT COMPANY 400A Present Registrabon Number N 793T A Send Maim RK —244 7150010 0 Issue Date' ICAO AIRCRAFT ADDRESS CODE JUNE 10 9 2004 FOR N445L X = • 51257100 The is sow authority ki change the Unted States Hynes. bon number on the above described SirOllei 10 the special FLIGHT OPTIONS LLC regietratbn nurnter shown 26180 CURTI SS KR I GHT PKNY Cony dusicete of this form in trie Spill toaereet with the RICHMOND HEIGHTS OH 44i43-1453 cal registrar cerlifcste asebbs authority ro operate the •rtnift pending weed of revised Certilloale of nembaton mICHELS PIPELINE CONSTRUCTION INC attain • revised orreteste of airworthiness from your now. SOUTHEASTERN MILLS INC est Fright Stsrittards District Offiee RE! AIR LLC The Wed FM Form $1704, APPUraboa t T-AL For Airworthiness on file Is dated: CC IC OF R 01 • 1999 The airworthiness class ation and category: ST u TRANSP INSTRUCTIONS: SIGN AND RETURN THE ORIGINAL of this form to the Civil Aviation Registry, AFS-75 . vnthin 5 days after the special registration number is 40 affixed on the aircraft A revised certrfcate will then be issued This authority is valid fo 90 days from the issue date The authority to use the spacial number expires. JUNE 10. 2005 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. 8ox 25504 Signature of (Amer Oklahoma City, Oklahoma 73125-0504 Title of Owner. Date Placed on Alicran C Form $0 5044 (696) Supersedes Previous Edition SDNY_GM_02756143 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243065 EFTA01328181

• • 1 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243066 EFTA01328182

• • 000 0 0 0 0 1 8 60 Insured Aircraft Title Service, Inc. P.O. Box 19527 • Oklahoma City, Oklahoma 73144 • (405) 661.6663 FAX #405-681-9299 (500) 6544552 FEDERAL AVIATION ADMINISTRATION CENTRAL RECORDS DIVISION OKLAHOMA CITY, OKLAHOMA ,11151-X 61 7Q37-4 18 JUN 1 0 2004 DATE: ./(4-1Ot-i GENTLEMEN: Please assign N 946LX , which is currently reserved for: 1i ighi- Up-f-i On31 ILL to the following aircraft: • -145-pc rWft‘itir-On 40DA. RK-a4(4- Current NO Make Model Serial 44 This aircraft is registered to: anref tphicysi or is being pruchased by: Please send the 8050-64 form to TATS in the PD Room. If you have any questions, please do not hesitate to give us a call. Additional request: Requested by: kivint. +6,tekithlay Insured Aircraft Title Servi , Inc. Serving the Aviation Financial Community for over 30 years SONY_GNI_02756145 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243067 EFTA01328183

ti V1101-1V1)10 ALIO VW0HtINO 2C C Lid h aid 11002 88 N0I1V8181038 1.0838IV VVi HLIM 03113 SDNY_GM_02756146 ••• • • SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA _00243068 EFTA01328184

0 0 0 0 0 0 0 I 7 6 0 NN027112 FAA RELEASE CONVEYANCE RECORDED viol JUN 21 Fin 7 30 • Raytheon Aircraft Credit Corporation (the "ecured ty ). Par "as ttuts. . secured party under the Security Agreement described AtirkINtlitThglit% 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. Aircraft Interest is released in full. Dated this-1s4-day of November, 2003. Raytheon Aircraft Credit Corporation By: Name: Andrew A. Mathews Title: President 20640/ SDNY_GM_02756147 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA_00243069 EFTA01328185

• vvyylicolo ;,119 vvtoorrilo OT 111c1 TZ 99 NORMS1939 VV3 HUM 03113H091tl SDNY_GM_02756148 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00243070 EFTA01328186