<table><tr><th>From:</th><th>Richard Joslin</th></tr><tr><td>Sent:</td><td>Sunday, March 15, 2015 11:02 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: YG062</td></tr></table>

Begin forwarded message:

Email details:
*   From: [Redacted]
*   Date: March 13, 2015 at 4:57:59 PM EDT
*   To: [Redacted]
*   Subject: [Redacted]

FYI the Owner of thi= Aircraft is NOT a US person nor is it a US Company SPV.

Therefore, the reaso= for it being registered to a Wells Fargo Trust as Owner Trustee.

Thanks

Alireza</=pan>

| Field | Value |
|---|---|
| From | [redacted] |
| Sent | Sunday, March 15, 2015, 8:03 PM |
| To | [redacted] |
| Subject | [redacted]

Thank you<=p>

- Exact visible text: "On Mar 15, 2015, at 3:47 PM, [redacted] wrote:" (names covered by black bars)
- Surrounding fragment: "Thank you<=p>" and an HTML artifact "wrote:</=p>"
- Visual: black redaction bars obscuring sender/recipient information; partial visible initial "A" before a redaction.

Attached are the Bil=s of Sale that I have, there is three more, one From Boeing to G.K.W. Avia=ion & GKW to TBA to ICA

</=:p>

I can have Wells Far=o as Owner Trustee to provide you with a Direct Warranty & FAA Bill of=Sale

</=:p>

Note =hat the ultimate beneficial owner of the Seller is Alireza Ittihadie=

=

This is the language contained in =he bill of sale to Chulavista Limited:

Seller hereby represents, warrants=and agrees to and for the benefit of Buyer and Buyer's successors and assign= that it is the lawful owner of the full legal and beneficial title=to the Aircraft; that the Aircraft is free from all liens and encumbrances= that Seller has the right to sell the same as aforesaid, that good and marketable title to the Aircraft, fre= from all liens and encumbrances, is hereby conveyed to Buyer and that Sel=er warrant and defend such title against all claims and demands forever.</=pan>

Let me know if you have any issues=with it.

BR

Alireza I

</=:p>

</=:p>

From: ████████████████████████████████████████████
Sent: Sunday, March 15, 2015 6:28 PM
To: Alireza Ittihadieh
Cc: ████████████████████████
Subject: ██████████████████████████████████████

For disclosure purposes, we need to know if =t is a back to back transaction. Money laundering laws are very met=culous now, especially with a Swiss company. We would prefer to buy directly from the current seller.

From: 
Sent: Sunday, March 15, 2015 11:46 AM
To: Richard Joslin
Cc: 
Subject: Re: YG062

Furthermore, you will get all the historic=l Warranty Bills of Sale that are available.

Alireza I.

On 15 Mar 2015, at 11:29, rote:

Thank you for the revisions.=/p>

If you are charging a commission we understand=nbsp; and agree. However, is this a back to back transact=on with an American company? We have unique circumstances=that requires an answer. Please email back as I will have limited phone availability this a=ternoon.

From:

Sent: Saturday, March 14, 2015 7:49 PM
To: Richard Joslin
Cc: Office
Subject: RE: TG662

Please see attached =evised Offer Letter.

</=:p>

I have done my best =o clean it up, however if you do find ANY errors please let me know.

</=:p>

BR
Alireza

</=:p>

From: Richard Josli
Sent: Thursday, March 12, 2015 5:55 PM
To: Alireza Ittihadieh
Subject: RE: YG062

Ali:

## <=p>

Contract makes reference =o an Export C of A and requires Purchaser to pay the costs to get the plan= to qualify for an Export C of A, but N registered? Contract makes reference to delivery in Europe? If N registered, then why Exp=rt C of A and European delivery?

## <=p>

Contract is keyed to Buye="'s acceptance in a number of places when it is Buyer who is making the o=fer and it is the Seller who must accept.

<=p>

$3.5 MM deposit seems hig= for a $28,500,000 price.

## <=p>

No penalty to Seller if t=ey refuse to make any discrepancy corrections; only get the deposit back; =nbsp; we should get inspection costs and transaction costs if they refuse to make discrepancy corrections. No provision for a seco=d flight test to check discrepancy corrections

## <=p>

Hours and Cycles on the S=ecs are from May 2014 and need to be updated.

<=p>

<=p>

-----------------------=---

Richard Joslin

CFO

Elysium Management LLC

445 Park Ave<=o:p>

Ste. 1401

New York, NY 10022=o:p>

██████████████████████
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## <=p> (cont.)

<=p>

<=p>

<=p>

<=p>

From: Richard Joslin
Sent: Wednesday, March 11, 2015 4:41 PM
To: 'Alireza Ittihadiehl
Subject: RE: YG062

We are reviewing contract=currently.

<=p>

Cram

Sent: Wednesday, March 11, 2015 11:44 AM
To: Richard Joslin
Subject: Re: YG062

Dear Ric=,

An offer has co=e in overnight from a Chinese Buyer and it is attractive, I am told. =/span>

Seller would pr=fer to sell to US Buyer but if we don't shift gear fast enough we'll be ou= of this

race.

V-BR
Alireza ITTIHADIEH
President & Chief Executive

From: Richard Joslin

Sent: Monday, 9 March 2015 18:08

## <=p> (cont.)

To: Alireza Ittihadieh

Key information from the image:

*   **Richard Joslin** is CFO at Elysium Management LLC.
*   His address is 445 Park Ave, Ste. 1401, New York, NY 10022.
*   Seeking assistance with a contract for the purchase of a BBJ for $28.5MM by Avioneta Holdings.
*   Email sent from Alireza Ittihadieh to Jeffrey E. and Richard Joslin on Monday, March 09, 2015, at 5:36 PM.

## <=p> (cont.)

LOL!!

</=:p>

Hi Richard.

</p>

From: jeffrey E. [ma=lto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> I
Sent: Monday, March 9, 2015 9:31PM
To: Alireza Ittihadieh; Richard Joslin
Subject:

ali- rich rich- =li

&nbs=; please note

The information contai=ed 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 <mailtoleevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved=/p>

<Various Releases 11_Sept_2007.pdf>=/p>

<ICA Bermuda Bof S 14_Sept_2006.pdf>

<FAA BofS YG062.pdf>

<LLInternational BofS 14_Sept_2006.pdf></=:p>