Via Email: April 1, 2016 M-BJEP Limited c/a Mr. Joe Carfagna, Jr. Bridge Chambers, West Quay Ramsey, Isle of Man IM81DL RE: Offer to Purchase Gulfstream G550, Serial Number 5070, Registration M-BJEP Dear Mr. Carfagna: Plan D, LLC ("Purchaser") offers to purchase from M-BJEP Limited ("Seller"), one Gulfstream G550, Manufacturer's Serial Number 5070, Registration Number M-BJEP, together with Rolls- Royce BR700-710C4-11 engines with serial numbers 15239 and 15238 and the auxiliary power unit (the "APU") equipped thereon, and all available loose equipment, engine covers, wiring diagrams, tool kits and any other associated accessories (the "Aircraft"), which is mare fully described in the Manufacture's Type Certificate and Seller's specification which is attached as Exhibit "A" to this offer (the "Offer"). This Offer is subject to the following terms and conditions: 1. A total purchase price of Seventeen Million Five Hundred Thousand U.S. Dollars ($17,500,000.00 USD) for the Aircraft (the "Purchase Price"). 2. A visual inspection of the Aircraft within ten (10) business days of acceptance of this Offer. 3. Execution and delivery of a mutually satisfactory Aircraft Purchase Agreement (the "Agreement") governing this Aircraft transaction to be mutually executed and delivered by Purchaser and Seller within seven (7) business days after completion of Purchaser's visual inspection of the Aircraft as per paragraph 2 above. Such Agreement shall supersede this Offer, further define the terms and conditions of the transaction, and govern the transaction thereafter. If such Agreement is not mutually executed and delivered within such seven (7) business day time period, (i) the parties may continue their good faith negotiations to finalize the Agreement, or (ii) Purchaser may elect to cancel the transaction and any deposit shall be refunded. 4. A pre-purchase inspection which shall include the accomplishment of all overdue calendar and hourly inspections,