To: v i n mil m ' [email protected]]; Tarek Elsayed Cc: Mohamed Dobashi From: Don Bass Sent: Fri 12/23/2011 5:50:22 PM Subject: Boeing 727 Dcar Tarck, As you may know, I received an email from Mohammed on Wednesday regarding the Boeing. The C check inspection is currently underway and we are anticipating completion of the inspection and the return to service of the aircraft on approximately February I". A contemporaneous pre-purchase inspection can still be accomplished from a timing standpoint. In the interest of reducing the total cost associated with your acquisition and refurbishment of the aircraft, I believe that you will be able to reduce the total cost of the improvements referenced previously on Exhibit A from 500K to 425K. Larry has pointed out that the installation of Satellite AFIS is redundant with the installation of High Speed Data in the aircraft. The same real time weather information will be available to the pilots via the broadband internet and thus the 75K cost for Satellite AFIS is an unnecessary expense. If I can convince the seller to reduce the price by 75K as well — this would reduce the total, completed purchase price of the aircraft by 150K and still provide you with an aircraft that has all of the capabilities and modifications that you and the Sheikh require. I am concerned that if we are unable to reach an agreement in the near future, the ability to complete the pre-purchase inspection in conjunction with the C inspection would be lost, resulting in increased cost and time for both parties. I feel that this is a reasonable and fair approach to resolving the differences between the parties. Yours Sincerely, EFTA_R1_00482537 EFTA01990031