er Lease The dry lease agreement says Air Carrier (Rance) will charge Lessor (Jet Aviation) $XX - $200 (when there is a 135 charter between Jet and LDB/Apollo). The billing of fixed, direct, indirect costs by Jet is always to Rance/Avioneta based on 91 past history and based on how their billing system is

nue dialogue with PW attorney — I think depreciation is possible as section 162 if we a) operate under 135 and b) charter to Jet and Jet charters to LDB/Apollo, ie Jet invoices LDB and Apollo. From: jeffrey E. [[email protected]] Sent: Wednesday, June 18, 2014 7:00 AM To: lawrence delson; Richar

nue dialogue with PW attorney — I think depreciation is possible as section 162 if we a) operate under 135 and b) charter to Jet and Jet charters to LDB/Apollo, ie Jet invoices LDB and Apollo. From: Jeffrey E. [mailto:jeevacation@gmailcom] Sent: Wednesday, June 18, 2014 7:00 AM To: lawrence delson; Richar