<table><tr><th>From:</th><th>Richard Joslin</th></tr><tr><td>Sent:</td><td>Friday, November 7, 2014 5:43 PM</td></tr><tr><td>To:</td><td>Richard Kahn; jeffrey E.</td></tr><tr><td>Subject:</td><td>RE: pilots</td></tr></table>

The "backup airc=aft" costs per Jet invoices are most likely the John Hannan charters=that were tucked into this invoice. I matched four of the below reimbursem=nts to invoices I have on file. I am looking into 2013 to see if reimbursements match these charges and where there are exce=tions

1/6/14

From Joh=

$119,806.2=

2/10/14<=:p>

From Joh=

$118,343.0=

5/6/14

From Joh=

$165,010.2=

7/16/14<=:p>

From Joh=

$119,118.7=

8/11/14<=:p>

From Joh=

$371,225.0=

From: Richard Kahn

any update on timing as i would like to put on jee c=lendar?

thanks

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
██████████████

On Nov 7, 2014, at 11:16 AM, Richard Joslin

Will arrange

On Nov 7, 2014, at 10:50 AM, "Richard Kahn" <█████████████████████>wrote:=/p>

jeffrey would like the three of us to do a call with=Jet Aviation to better understand Charter Interchange

can you please arrange for today

thanks

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor

New York, NY <u>10022</u>

On Nov 6, 2014, at 2:07 PM, Richard Joslin

rote:</=:p>

When I quoted you 3 pilots, I quoted from the Jet Av=ation contract —see part IV Flight Support

Personnel.

Note in the January 2014 invoice I sent to you earli=r today, there were 3 pilots for the trip to St Thomas 12/22/2013 - =12/2014. All other flights for 201 through Aug 2014 have two pilots.=o:p>

## <N624N P91 MGMT AGMT REX-c.pdf>=/span>

Richard Joslin

CFO

Elysium Management LLC

445 Park Ave

Ste. 1401

New York, NY 10022

## <N624N P91 MGMT AGMT REX-c.pdf>=/span> (cont.)

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