LETTER OF INTENT August 11, 2014 Alvac, Inc. Re: 1997 Bell 430 Helicopter, Serial No. 49023, U.S. Registration No. N431SL and 1997 Bell 430 Helicopter Serial No. 49025, U.S. Registration No. N430SL Dear Mr. Noble: Plan D, LLC ("Purchaser") hereby expresses its intent to purchase from Alvac, Inc. ("Seller") both of that certain 1997 Bell 430 helicopter, bearing Manufacturer's Serial No. 49023 and U.S. Registration No. N431SL, and that certain 1997 Bell 430 helicopter, bearing Manufacturer's Serial No. 49025 and U.S. Registration No. N430SL, each together with its equipped engines and all avionics, equipment, systems, furnishings and accessories installed on, contained in or attached to said helicopter and engines, and also including all loose equipment that is normally or currently part of each helicopter and all aircraft records and documents associated with each helicopter, all as is to be more particularly described in the definitive written Aircraft Purchase Agreement described below, and further, together with the parts and tools listed on Schedule A attached hereto and incorporated by herein by this reference (such helicopters, engines, avionics, equipment, systems, furnishings, accessories, loose equipment, records, documents, parts and tools, collectively, the "Aircraft"), subject to the following terms and conditions: I. The total purchase price for the Aircraft shall be the sum of Two Million U.S. Dollars (US$2,000,000.00), payable as follows: (a) Within five (5) business days after Seller's acceptance of this Letter of Intent ("LOI"), Purchaser shall wire transfer a fully refundable Two Hundred Thousand U.S. Dollar (US $200,000.00) deposit (the "Deposit") to Tammi Bear at AIC Title EFTA01202905