LETTER OF INTENT May 24, 2017 Royal Jet, LLC PO Box 60666 Abu Dhabi, United Arab Emirates Re: 2000 Boeing Business Jet, Serial No. 30884, United Arab Emirates Registration No. A6-DFR Plan C, LLC ("Purchaser") hereby expresses to you its intent to purchase from the owner identified in the signature block below ("Seller") that certain 2000 Boeing Business Jet aircraft bearing Manufacturer's Serial No. 30884 and United Arab Emirate Registration No. A6-DFR, equipped with two CFM56-7-B27 engines bearing manufacturer's serial numbers 888148 and 889151 (the "Engines"), and a Honeywell GTCP 131-9B 3800702-1 auxiliary power unit bearing manufacturer's serial number P-5505 (the "APU"), plus two (2) auxiliary fuel tanks to be included in the said purchase, together with the said aircraft's equipped engines and all avionics, equipment, systems, furnishings and accessories installed on, contained in, attached to or included with said aircraft and engines, and also including all loose equipment that is normally or currently part of or included with said aircraft and engines and all aircraft records and documents associated with the aircraft, all as is to be more particularly described in the definitive written Aircraft Purchase Agreement described below (collectively, the "Aircraft"), subject to the following terms and conditions: I. The total purchase price for the Aircraft (the "Purchase Price") shall be Sixteen Million U.S. Dollars (US $16,000,000.00), paid to Seller in accordance with the following: (a) Within two (2) business days after Seller's acceptance of this Letter of Intent ("LOI"), Purchaser shall wire transfer a fully refundable One Million U.S. Dollar (US $1,000,000.00) deposit (the "Deposit") to AIC Title Service, LLC, 6350 West Reno, Oklahoma City, OK 73127, Attn: Tammi Bear, Escrow Agent (the "Escrow Agent"), which Deposit shall be held in escrow and disbursed in accordance with the terms and conditions set forth in the definitive writ