AIRCRAFT DRY LEASE AGREEMENT THIS AIRCRAFT DRY LEASE AGREEMENT (the "Lease") is made and entered into this day of February, 2012 by and between Steen Acquisitions, LLC, a Delaware limited liability company, with a place of business at do TVPX, Nine Damonmill Square, Suite 3A2, Concord, MA 01742-2894, U.S.A. (hereinafter referred to as "Lessor") and Hyperion Air, Inc., a Delaware corporation, having an address of 103 Foulk Road, Suite 202, Wilmington, DE 19803, U.S.A. (hereinafter referred to as "Lessee") with reference to the following facts: WITNESSETH: WHEREAS, Lessor is legal owner of one (1) Bell 430 aircraft, bearing manufacturer's serial number 49078, currently registered with the Federal Aviation Administration as N901RL, which is capable of carrying at least 5 people, equipped with two (2) Rolls-Royce 250-C40B engines, bearing manufacturer's serial numbers CAE 844167 and CAE 844169, each of which has at least 550 rated takeoff shaft horsepower or its equivalent, (listed on the International Registry drop down menu as ROLLS ROYCE 250-C40) (hereinafter referred to as the "Aircraft"); and WHEREAS, Lessor has agreed to dry lease the Aircraft to Lessee, and Lessee has agreed to dry lease the Aircraft from Lessor, upon the terms and subject to the conditions set forth herein; NOW THEREFORE, in consideration of the mutual foregoing premises and the covenants and agreements herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties intending to be legally bound, agree as follows: 1. Lease Term. Lessor hereby dry leases the Aircraft to Lessee without crew, and Lessee hereby dry leases the Aircraft from Lessor without crew, upon the terms and subject to the conditions set forth herein. The term of the Lease (the "Term") shall commence on the date first written above (the "Commencement Date") and, unless sooner terminated in accordance with its terms, shall term