ASSIGNMENT OF AIRCRAFT PURCHASE AGREEMENT THIS ASSIGNMENT OF AIRCRAFT PURCHASE AGREEMENT is made and entered into this day of February, 2012, by and between Hyperion Air, Inc., a Delaware corporation, having an address of 103 Foulk Road, Suite 202, Wilmington, DE 19803 (hereinafter referred to as "Assignor"), Steen Acquisitions, LLC, a Delaware limited liability company, having offices at c/o TVPX, Nine Damonmill Square, Suite 3A2, Concord, MA 01742 (hereinafter referred to as "Assignee"), and Bovale Developments, Inc., Trustee and Bovale Development, Trustor (hereinafter collectively referred to as "Seller") with reference to the following facts: WHEREAS, Assignor and Seller have entered into a certain Aircraft Purchase Agreement, dated and accepted as of February , 2012 (the "Purchase Agreement"), pursuant to which Assignor has agreed to purchase from Seller one (1) Bell 430 aircraft, bearing manufacturer's serial number 49078, currently registered with the Federal Aviation Administration as N901RL, equipped with two (2) Rolls-Royce 250-C40B engines, bearing manufacturer's serial numbers CAE 844167 and CAE 844169 (collectively treated as one property and hereinafter referred to as the "Replacement Aircraft"). WHEREAS, Assignor intends to structure the acquisition of the Replacement Aircraft as a component of an exchange of property of like-kind and qualifying use (the "Exchange") within the meaning of and in compliance with Section 1031 of the Internal Revenue Code of 1986 as amended (the "Code"), the Treasury Regulations promulgated thereunder (the "Regulations") and Revenue Procedure 2000-37. WHEREAS, Assignee is a Delaware limited liability company and a disregarded entity for federal income tax purposes, whose sole member TVPEAT, Inc. is an Exchange Accommodation Titleholder as defined under Revenue Procedure 2000-37, and Assignee is acquiring title to the Replacement Aircraft for the benefit of Assignor and no one else, which is