From: Alireza Ittihadieh To: jeffrey E. <[email protected]> Subject: Re: Date: Sat, 15 Nov 2014 22:08:09 +0000 Whom ever is advising you needs to go learn how to read English or they are simply still recovering from the previous night. Your adding Seller to your insurance as an additional name insured doesn't cost you a dime. Seller is Picton II and you're contracting directly with Seller. Happy to go to New York Law You will get all Historical records and ALL log books from birth in English Seller will support you getting an N registered aircraft, buyer pays for DAR etc. Your pre-Purchase will be simple your Lany doesn't need 15 days to figure it out. Please introduce me to the Author of below and I will hook him up with our Lawyer. After all New York Law is based on English law. Alireza ITTIHADIEH On 15 Nov 2014, at 16:50, jeffrey E. <[email protected]> wrote: Seller wants us to indemnify Seller for post Delivery operating costs or liabilities (not sure why we should have to) and wants us to add Seller and its recent owners and financiers as Additional Insureds on our policy for 2 years following the closing. ?? F. One of the provisions in the Agreement says that Seller will "transfer or procure the transfer by way of the issue to the Buyer of a full warranty bill of sale, the full legal, equitable and beneficial, good and marketable title, to the Aircraft to the Buyer at delivery free of all liens and encumbrances" See "Title" on page 3 of the draft. English drafting is always horrible, but does the fact that they need to include a provision to "procure the transfer mean that Seller is not the current owner of the Aircraft? Iwe want to contract directly with the owner G. English law is said to apply to this transaction. no purchase price from $26,500,000 to $25,000,000. B. Consistent with your prior email which stated that we would pay $2MM if we walked away without any reason (i.e., not related to any failures by Seller), re