<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Friday, March 6, 2015 6:23 PM</td></tr><tr><td>To:</td><td>Alireza Ittihadieh</td></tr><tr><td>Subject:</td><td>Re: Re:</td></tr></table>

I think i am being fair as the interior number is now 4-6 =illion higher then you told me it could be done for. and im reducing the o=fer by only 3 m to offer 20 .

On Fri, Mar 6, 2015 at 6:53 PM, A=ireza Ittihadieh <
» =rote:

You are correct, I said give me a $23M offer and I will take it across the =ine.

BR

Alireza ITTIHADIEH

President & Chief Executive
Tel:  <tel: 
<tel:%2B1%20441%20292%20866=>:

From: jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com»
Date: Fri, 6 Mar 2015 18:36:56 +0100
To: Alireza Ittihadieh< < > >
Subject: Re: Re:

tried to call . my notes and recollectiojn, =AO you called me said that interior coudl be done for 9 . I said ok.=offered 21brining total to 30. you said you always thought 32 =so split the differnce and do it at 23. I said ok. you s=nt a contract with a 23 number. however then the interior turned out to=be much higher. . any difference in recollection?

<u>On</u> Fri, Mar 6, 2015 at <u>5:48 PM,</u> Alireza Ittihadi=h <
<mailto > > wrote:

Because you are insu=ting

<=>:

From: jeffrey =. (mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> I
Sent: Friday, March 6, 2015 4:45 PM
To: Alireza Ittihadieh
Subject: Re: Re:

On Fri, Mar 6, 2015 at 5:42 PM, Alireza Ittihadieh
<mailto > > wrote:

Don't Waste any =ime, you $20M Offer is Catagorically declined.

=U>

We are proceeding wi=h breaking the Aircraft Up

=u>

From: jeffrey =. [mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> j
Sent: Friday, March 6, 2015 4:41 PM
To: Alireza Ittihadieh
Subject: Re:

20 offer good until tomorw night. . I have bro=en up planes and am aware of how long it takes and the logisit=cs. .

On Fri, Mar 6, 2015 at 5:17 PM, Alireza Ittihadieh
<mailto > > wrote:

- There are sever=l green BBJ parked, I suggest you start looking at those as you want to du=licate the 727.

I have been ins=ructed to Break VP-BBJ up. I'll havr the 2 Engines Sold first. </=pan>

V-BR
Alireza ITTIHADIEH
President & Chief Executive
<tel > =/span>

From: Jeffrey E.

Sent: Friday, 6 March 2015 07:16

To: Alireza Ittihadieh

Subject: Re:

20 with deposit . Don't get upset . It I-=;S s and 1year to fix . Your ask of 25 has brought no real buyers . =our offer to me at 23 had your 9 to fix but turned out undone

<u>On Friday, March 6, 2015,</u> Alireza Ittihadieh <
»= wrote:

Market is the Market=but the fact that you want your floor plan is not the Market.

=U>

Thanks for your Offe= but no thanks! If I were to say yes you would find a way to take the pric= down to $15M. I think you are having fun with the idea of buying a BBJ and you are not in the market for a BBJ, if were, you woul= you wouldn't behave this way.

## =u>

Furthermore, I am de=ighted to hear Larry is the New Market maker for BBJ's as I have NEVER=heard his name in 68 Boeing deals I successfully closed.<=u>

=u>

We'll Break the =ircraft before selling to you for $20M

=u>

Good Luck to you and=Larry in finding an $20M BBJ

=u>

As Ever

Alireza

=u>

From: Jeffrey =. [mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> I
Sent: Friday, March 6, 2015 10:17 AM
To: Alireza Ittihadieh
Subject: Re:

## =u> (cont.)

market is the market. if you send=me a contract for 20 I will wire deposit and keep larry in europe fyi, h= thinks it should be a price of 18 . ) otherwise we leave monday.

On Fri, Mar 6, 2015 at 1:55 AM, Alireza Ittihadieh
<mak° > > wrote:

You want a 75M BBJ f=r $35M, I am not quite sure how this will work.

=u>

</=pan>

From: Jeffrey =. (mailto:jeeva=ation@gmail.com <mailto:jeevacation@gmail.com> I
Sent: Thursday, March 5, 2015 10:29 PM
To: Alireza Ittihadieh
Subject:

so far no one can guarantee under 15m.. does he wan= to sell for 20 ,

please no=e

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

please no=e

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of

4

## =u> (cont.)

JEE

Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

please no=e

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

please no=e

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

## =u> (cont.)

please no=e

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE

Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

please note

The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE

Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

please =ote

The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediatrly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved