EFTA00589859.pdf

Gulfstream PRODUCT SUPPORT PROPOSAL Prepared for Presented by Gulfstream GIV Serial Number 1085 Rusty Cramer JEGE, LLC Regional Sales Manager, Gulfstream Aerospace Mr. Larry Visoslri Gulfstream Proposal # RO1 03 February 2016 EFTA00589859  TABLE OF CONTENTS PART I. Workscope Description 3 A. Interior Refurbishment 3 B. Avionics Cabin Electronics 3 C. Mechanical 5 D. Paint 7 PART II. Contingencies and Assumptions of Proposal Offer 8 A. Estimated Leadtime 8 B. Estimated Downtime 8 C. Pricing And Scheduling Terms 8 D. General Contingencies 9 E. Addendum To Proposal And Work Authorization Terms And Conditions 10 PART III. Payment Terms and Remittance Instructions 11 PART IV. Executive Summary and Proposal Acceptance 12 EFTA00589860  ID # RO1 03 February 2016 Gulfstream GN Serial Number 1085 JEGE. LLC PART I. Workscope Description A. INTERIOR REFURBISHMENT AIM Not Requested B. AVIONICS / CABIN ELECTRONICS 1. Avionics 1.1 ASC 477 NZ 2010 V6.1 - TRIPLE $168,250 This Aircraft Service Change upgrades the existing NZ-2000 Flight Management Systems (FMS), via installation of version 6.1 software, to an NZ-2010 system with SBAS/LPV GPS upgrade. New Components: Two (2) Honeywell WAAS Capable GPS Receivers (Part Number (PN) HG2021KB01) Two (2) WAAS Capable GPS Antennas (PN S67-1575-137) One (1) ASC 477 Kit, NZ-2000 Flight Management System (FMS) 6.1 Upgrade. Modified Components: Three (3) each Honeywell NZ-2000 Navigation Computers (PN 7018879-030xx to 7018879-03036) Two (2) each Honeywell PZ-800 Performance Computers (PN 7004609-xxx to 7004609-940) Performance computers not at a minimum level of PN 7004609-925 will require additional upgrades not covered by this installation. Additional charges will apply. Prerequisites: • NZ-2000 Computers: Hardware Mod "E". For units without this modification, Honeywell Service Bulletin 7018879- 34-0051 (Pub. No. A21- 6111-004) will be required. Estimated additional cost is $2,600/unit. • PZ-800 Computers: Part Number 7004609-925. For units not at the -925 level or higher, additional modifications are required and will be addressed on a time and material basis. • The aircraft must currently be equipped with dual Global Positioning System (GPS) receivers. • Aircraft Serial Numbers 1000 through 1389: GPS #1 and #2 installations not installed by Gulfstream STC ST01716AT-D will require engineering review prior to incorporation of this ASC. • Existing FMS #1 and #2 installations must match Gulfstream STC ST01715AT-D or equivalent prior to incorporation. Concurrent Requirements: None Training: Pilot familiarization and training for Honeywell's FMS 6.1 software is offered through the Honeywell PC-FMS Training tool. Operators may order the tool at I or send an email to Effectivity: This Service Change is applicable to Gulfstream IV aircraft Serial Numbers 1000 through 1252 having ASC 349 or equivalent, and 1253 and subsequent. Certification: Per Gulfstream ASC 477 Navigation (ATA 34) NZ-2000 6.1 Software Upgrade with SBAS/LPV GPS Upgrade. Notes: • Price includes interior access, installation labor, the ASC Kit and associated materials. • The design of an Aircraft Service Change (ASC) is configured to a standard ("greenie") production aircraft. If spare wires, pin connections or locations called out in the ASC have been used for other modification, additional charges may apply. • This ASC may only be installed at Gulfstream Aerospace or Gulfstream- approved facilities. • All resources for this Service Change are managed by Gulfstream Product Support. Please contact your Regional Sales Manager to coordinate the availability of components and installation. • This ASC does NOT include Approval Guidance for RNP Procedures with SAAAR (Special Aircraft and Aircrew Approval Required). Page 3 of 14 This proposal is confidential between Gulfstream and the Customer. Micah Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589861  ID # R01 03 February 2016 ;i 11kt Gulfstream GN Serial Number 1085 AGE. LLC PART I. Workscope Description (continued) B. AVIONICS CABIN ELECTRONICS 1. Avionics (continued) 1.2 Synthetic Vision (PDSV) - Provisions $35,000 • Provision for Synthetic Vision (PDSV) will be installed. • New SVS SEL switches will be installed on the Pilot and Co-pilots Glareshield and placarded INOP. • A new wiring interface will be installed between the existing Honeywell Symbol Generators (SG's), Traffic Alert and Collision Avoidance System (TCAS), Global Positioning System (GPS) and the Cockpit Display Units (DU's). Prerequisites: • ASC 476 - DU-885 Indicating / Recording Systems (ATA 31) Electronic Display System DU-885 Liquid Crystal Display (LCD) Installation (PlaneDeck). • ASC 477 - NZ 2010 6.1 Software with SBAS/LPV GPS Installation. Certification: This installation will be accomplished under a Gulfstream STC. Deviations from the STC (if required) would be completed on a Time and Material basis or quoted separately on a Work Change Request (WCR). Notes: • These are provisions only. The Symbol Generators (SG's) and Cockpit Display Units (DU's) will require software upgrades and modifications to activate the Synthetic Vision (PDSV) capability. Additional charges will apply. • Synthetic Vision activation is predicated on completion of the Gulfstream STC. Please contact your Gulfstream Regional Sales Manager (RSM) for current STC status. • The cost of this item will be deducted from the final PDSV installation price when the Customers elect to complete the installation. 1.3 ASC 476B V1.10 Software Enhancements Warranty Comply with the Revision B of ASC 476, installation of Barco Service Bulletin SBAv606167B. Warranty: The Display Unit retrofit upgrade to Software Version, V1.10 will be provided at No Charge (NC) if performed at a Gulfstream GIV Authorized Warranty Facility or Factory Authorized Service Center within twenty-four (24) months of the release date (08 August 2014) of this revision. Prerequisites: ASC 476 or ASC 476A Indicating / Recording Systems (ATA 31), Electronic Display System — DU-885 Liquid Crystal Display (LCD) Installation (PlaneDeck) and having Display Units, PN K9321061A02 (Black) or Part Number 9321061A11 (Grey). Notes: • This ASC is managed by Product Support Program Management (PSPM) and may only be installed at Gulfstream erosoace or GuItstr am- Thies. Incorporation must be coordinated through Gulfstream Scheduling at or . If not scheduled, aircraft downtime could increase significantly. • Only qualified personnel specifically trained and equipped may accomplish the Barco Service Bulletin, SBAv606167B REV 00 (or later revision). 1.4 ASC 415B Indicating and Recording - Upgrade SPZ-8000/8400 $28,744 This Service Change Revision upgrades the Fault Warning Computers (FWC) and, in some cases, the Symbol Generators (SG). For a detailed description of the improvements offered with this upgrade, please log in to your portal and review the "SPZ-8000 Modification Summary" listed on page 8 of ASC 415B. Prerequisites: None Effectivity: This Service Change is effective for GIV Aircraft 1000-1472. This or a similar change will be installed in production on Aircraft 1473 and subsequent. Note: This proposal does not include any squawks, pre-existing discrepancies or vendor Service Bulletins that may be required, except as specified. If required, this additional work will be handled on the basis of time and materials. Page 4 of 14 This proposal is confidential between Gulfstream and the Customer. Micah Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589862  ID rr S 801 03 February 2016 t II Gulfstream GN Serial Number 1085 JEGE, LLC PART I. Workscope Description (continued) C. MECHANICAL 2. Aircraft Maintenance Z1 12 Month CMP Tasks (Labor Only) $6,386 Accomplish 12 Month CMP Tasks. (Exhibit 1) Notes: • Correction of discrepancies is not included in the quoted price. • Due List projected through 31 December 2016. 2.2 24 Month CMP Tasks (Labor Only) $37,063 Accomplish 24 Month CMP Tasks. (Exhibit 2) Notes: • Correction of discrepancies is not included in the quoted price. • Due List projected through 31 December 2016. 2.3 36 Month CMP Tasks (Labor Only) $32,621 Accomplish 36 Month CMP Tasks. (Exhibit 3) Notes: • Correction of discrepancies is not included in the quoted price. • Due List projected through 31 December 2016. • If Cadmium Plating Degradation is found during the Wing Tank Internal Inspection, estimated repairs cost can be $35.000 in labor and materials depending on the condition of the aircraft. 2.4 150 Hour CMP Tasks (Labor Only) $1,527 Accomplish 150 Hour CMP Tasks. (Exhibit 4) Notes: • Correction of discrepancies is not included in the quoted price. • Due List projected through 31 December 2016. 2.5 150 Cycle CMP Tasks (Labor Only) $833 Accomplish 150 Cycle CMP Tasks. (Exhibit 5) Notes: • Correction of discrepancies is not included in the quoted price. • Due List projected through 31 December 2016. 2.6 Miscellaneous CMP Tasks (Labor Only) $15,686 Accomplish Miscellaneous CMP Tasks. (Exhibit 6) Notes: • Correction of discrepancies is not included in the quoted price. • Due List projected through 31 December 2016. Page 5 of 14 This proposal is confidential between Gulfstream and the Customer. Dlirseb Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589863  ID a s R01 03 February 2016 ;1 lilS11)%it i ( Gulfstream GN Serial Number 1085 JEGE. LLC PART I. Workscope Description (continued) 2. Aircraft Maintenance (continued) 2.7 CB 227 Replacement, Oxygen System Flexible Hoses (Labor Not to Exceed) $11,425 This Customer Bulletin (CB 227) is a one-time action to replace all existing Part Number O202071 oxygen system flexible hoses with Part Number 37009 oxygen system flexible hoses. Effectivity: Aircraft Serial Numbers 1000 through 1499. Notes: • Estimated labor includes access to the affected oxygen system dropdown box flexible hoses. This includes access to oxygen drop-down boxes located in Personal Services Units (PSUs), as well as removal and reinstallation of headliners in the vestibule, forward galley, forward lavatory, crew rest, aft galley, or aft lavatory as necessary, and includes access to the therapeutic oxygen system. • The quoted price does not include removal of any cabinetry, cabin furniture or cabin compartment dividers. 2.8 CB 232A Modification, Aircraft Main Battery Chargers See Below Not Applicable to this aircraft per equipment installed This Customer Bulletin (CB 232A) is a one-time action to incorporate ELDEC Service Bulletin 8-842-24-02. Effectivity: All GIV Aircraft having part number 1159SCAV520 Series battery chargers Notes: • This Customer Bulletin is a managed program and must be accomplished at a Gulfstream Aerospace authorized facility. This Customer Bulletin must be coordinated through he Gulfstream Pro ram ffi vi mail at or by calling Gulfstream Scheduling at 1. or . If not scheduled, down times could increase significantly. • 1159SCAV520-5 Battery Chargers within (spares warranty) will be modified free of charge to 1159SB57520-11 or may be replaced with 1159SCAV520-7. Operators choosing to replace the 1159SCAV520-5 with 1159SCAV520-7 will incur additional costs. • Materials will be billed, as required. 2.9 CB 235 - Main Landing Gear Door Actuator End Cap Replacement - Life Limit (Labor Only) $3,936 Materials as Required (See Notes) This Customer Bulletin is a one-time action to replace all main landing gear door actuators that have been identified per CB 234 as having 9,500 Cycles Since New (CSN) or greater and all main landing gear door actuators for which CSN cannot be determined. Effectivity: All GIV aircraft Compliance: Compliance with this Customer Bulletin is required within twelve (12) months from the original issue date of 01 July 2015. Notes: • Contact Gulfstream Repair Control at or 800-810-4853 Option 1, then Option 3 for actuator rental / exchange availability and repair schedule prior to removing actuator(s) from the aircraft. • This Customer Bulletin is a managed program and must be scheduled through Gulfstream Repair Control. Gulfstream will manage a limited component rental / exchange pool. Operators performing this Customer Bulletin may elect to utilize the rental / exchange pool while the end caps on their original components are replaced. Due to a limited availability of assets, failure to schedule could result in significantly increased downtime. Page 6 of 14 This proposal is confidential between Gulfstream and the Customer. Dlirseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589864  ID R01 Giv 03 February 2016 Gulfstream GN Serial Number 1085 JEGE, LLC PART I. Workscope Description (continued) D. PAI Not Requested Page 7 of 14 This proposal is confidential between Gulfstream and the Customer. Dfitseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589865  ID or R01 03 February 2016 1 i II 1.`, 11) i ( n ir Gulfstream GN Serial Number 1085 JEGE. LLC PART II. Contingencies and Assumptions of Proposal Offer Unless expressly stated otherwise in writing, this proposal and the Workscope pricing information included in Part I Workscope, (-Proposer) is based upon the following contingencies and assumptions associated with the activity and work required for the work scope defined in Part I Workscope (-Work-). Additional charges for any Customer-approved Work ultimately performed on Gulfstream GIV aircraft, Serial Number 1085 ("Aircraft"), which is beyond the scope of this Proposal will be billed on a time and materials basis, except as otherwise expressly agreed in writing between the parties. The term Customer shall refer to JEGE, LLC ("Customer) in this Proposal. A. ESTIMATED LEADTIME: This Proposal provides for leadtimes. Leadtime is an estimate expressed in calendar days to allow for planning and scheduling of the Aircraft service visit. Leadtimes commence upon Gulfstream's receipt of Customer's signed Proposal and material callout selections. Leadtimes may be addressed by other relevant contingencies set out in this Proposal. B. ESTIMATED DOWNTIME: This Proposal provides for downtime. Any downtime estimates included in this Proposal are based upon Gulfstream's general understanding of the time required to accomplish the work outlined in this Proposal. Said understanding is in turn based upon Customer satisfying any leadtime requirements. Estimated downtime may be adjusted depending on the final induction schedule and mutually agreed facility selected for completion of the Work. For the avoidance of doubt, any expression of downtime is only provided as an estimate. This estimate is not a contractual commitment by Gulfstream. Estimated downtime is stated in working days, defined as Monday through Friday, excluding applicable recognized local holidays. If additional Work is required beyond that specifically identified in this Proposal, then the estimated downtime may be extended by Gulfstream. Estimated downtime may increase or decrease depending upon the availability of the mutually agreed facility selected for completion of the Work. C. PRICING AND SCHEDULING TERMS: This Proposal is contingent on all Work being accomplished during a single coordinated maintenance visit. The quoted prices contained herein are valid (i) if the Proposal is signed and returned to Gulfstream within ninety (90) days of the date of the Proposal, and (ii) the Work is scheduled to be accomplished at a mutually agreeable facility and time within six (6) months from the date of this Proposal, and within the same calendar year as the date of this Proposal. Gulfstream reserves the right to adjust the pricing in this Proposal it the foregoing conditions are not satisfied. Unless otherwise indicated on the face of this Proposal, any proposal for Work in a Gulfstream US facility is valid for each Gulfstream US facility. Proposals for work at any non-US Gulfstream facilities are specific and binding only as to the facility identified on the Proposal. Overtime: Gulfstream will not charge overtime for the Work required in this Proposal, unless there are (i) Discovered Discrepancies as addressed below, (ii) Changes documented on Work Change Requests (WCRs) as described below, or (iii) Customer requests to accelerate the estimated downtime for any Work. Customer must approve all overtime activity prior to Gulfstream performing and billing for overtime. Discovered Discrepancies: Except as specifically identified in PART I Workscope, this Proposal does not include repairs to the Aircraft resulting from discrepancies in the Aircraft (including without limitation corrosion) discovered during the performance of the agreed Workscope. All discovered discrepancies will be corrected upon request at additional charge and with additional downtime. This process is further described in the Changes (VCRs") paragraph. Page 8 of 14 This proposal is confidential between Gulfstream and the Customer. Dlirseh Return to Table of Contents GAC Rev. Ocioter 15. 2015 EFTA00589866  ID # S RO1 03 February 2016 Gulfstream GIV Serial Number 1085 JEGE. LLC PART II. Contingencies and Assumptions of Proposal Offer (continued) C. PRICING AND SCHEDULING TERMS (continued) Changes ("WCRs"): This Proposal is subject to further financial and schedule modification, which will be documented on work change requests ("WCRs") presented to the Customer for approval, if any of the following occurs: • Subsequent to the date of this Proposal, a relevant aviation regulatory authority or OEM (including Gulfstream) publishes any change in relevant technical documentation which affects the Workscope. • Additional billable work, which is not specifically delineated in the Workscope, is required to perform the quoted Workscope. This additional work may include by way of example relocation of existing aircraft equipment, beyond that already defined in the Workscope, due to space limitations. Consumables: There will be a 4.0% charge for consumables, to a maximum of $5,000, on all work orders containing labor revenue charges. This charge will be calculated based on the total labor revenue man-hours invoiced on the work order. Only invoices defined as 'Road Trip Invoice- will be exempt from this charge. CFE, Drop Shipments and Handling Fees: Customer furnished parts or equipment ('CFE-) and drop shipments made by the Customer to Gulfstream will be subject to a handling fee of 15% based on current manufacturer list price of the part or item furnished. The handling fee will not apply to parts originally purchased from Gulfstream. Proof of purchase from Gulfstream must be shown to waive the handling fee. Third Party Vendors: Any estimates given for vendor parts, materials, or services provided to Gulfstream by outside vendors, whether for repair, calibration, overhaul, exchange or the like, are subject to adjustment based upon the actual charges billed to Gulfstream by such outside entity. Excluded fees, taxes, etc.: All prices stated herein are exclusive of freight, fuel, flight costs, environmental fees, and/or any applicable taxes. Exchange Services — Retention of Removed Equipment: Any parts exchanged as part of the Workscope, and related price adjustments will be governed by Gulfstream's then current parts exchange program. Except as specifically identified in PART I Workscope, equipment removed as part of the Workscope will become the property of Gulfstream. PlaneParts©: Except as specifically identified in a PART I Workscope. this Proposal does not take into account any parts provided at no charge under Gulfstream's PlaneParts© oroaram. To enroll or learn more about the PlaneParts© program please visit D. GENERAL CONTINGENCIES: Requirement for Customer Furnished Records: This Proposal is based upon the Aircraft being in the configuration, and containing the equipment, as indicated in Gulfstream CMP records and any records supplied by Customer to support this Proposal. This Proposal is also contingent upon the Customer supplying, upon induction or within leadtimes, all avionic, electrical, system, interior or structural drawings, diagrams, analysis and records, which accurately represent the current condition of the aircraft ("Customer Records"), as approved by the relevant aviation authority, and which are required by Gulfstream to conduct the Work. Any changes which are required to be made by Gulfstream to the Customer Records, or due to the inadequacy of the Customer Records, in connection with the Work, will be subject to additional charges. These additional charges will be documented pursuant to the Changes ("WCRs") clause and subject to Customer approval. Page 9 of 14 This proposal is confidential between Gulfstream and the Customer. Dlifseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589867  ID v R01 fv: 03 February 2016 Gulfstream GN Serial Number 1085 JEGE. LLC PART II. Contingencies and Assumptions of Proposal Offer (continued) D. GENERAL CONTINGENCIES: (continued) General Exceptions: Except as specifically identified in PART I Workscope: • Aircraft Preservation: This Proposal does not include any preservation tasks related to the Aircraft, its engines or systems. Customer is responsible for making certain that all specific preservation tasks related to the Aircraft, its engines or systems, which are required or may become required while the Aircraft is at Gulfstream's facility for the Workscope. are identified on the Work Order. • Certification Basis: All Work to be accomplished by Gulfstream under the Workscope, assumes the Aircraft is operated in compliance with FAR Part 91 or the equivalent not-for hire operating rules of the relevant aviation authority. • Non-standard Equipment: Gulfstream is not responsible for vendor to vendor incompatibilities which may be discovered during the course of the installation. • Manuals — Modifications: Changes to the Aircraft's Completion Center Maintenance Handbook (CCMH) or Cabin Operating Manual (COM) are not included as part of this Proposal. Should a modified CCMH or COM be requested by the Customer, it may be provided at additional charge. Any changes to the Aircraft's Minimum Equipment List ("MEL") are the Customer's responsibility and are not included herein. • Access, Closure, Removal and Replacement: Access and closure, removal and replacement required to perform the Workscope are not included as a part of this Proposal. Touch-Up Paint: For aircraft with standard Gulfstream paint schemes (one (1) base color and two (2) stripes), the sealing and touch-up (by brush) of panels is included in the Workscope. Aircraft with non-standard paint schemes will be subject to an additional charge for the additional time required to complete the paint touch-up. Unused Wiring: Any existing wiring or tubing made obsolete by the Work will be capped and stowed. Wiring or tubing removal, if requested by the Customer, will be at additional charge. Termination after acceptance of Proposal: Unless the Customer has specifically directed otherwise, once the Proposal is signed and returned to Gulfstream, and prior to the Workscope being scheduled in accordance with Section C Pricing and Scheduling Terms, this Proposal shall be binding upon Gulfstream as to the prices set forth herein. All preliminary engineering materials and components ordered to support the Workscope. any labor expended, any restock charges incurred, and any other direct costs supporting the Workscope are chargeable to the Customer if the proposed Workscope is thereafter canceled by the Customer. If materials or components cannot be returned to their respective vendor(s), Customer will be billed in full for these items. In such case, the materials and components become the property of the Customer. If the Work is rescheduled for a later arrival, these charges will be applied to the rescheduled visit, as appropriate. Confidentiality: This Proposal and any related documents are strictly confidential between Gulfstream and Customer and will not, without the prior written consent of the other party, be disclosed by either party, in whole or in part, to any third party except to such party's accountants, lawyers, and bankers, and Gulfstream's suppliers, provided such third parties agree to confidentiality as may be necessary for either party to carry out its obligations or enforce its rights pursuant to this Proposal. E. ADDENDUM TO PROPOSAL AND WORK AUTHORIZATION TERMS AND CONDITIONS Not Applicable Page 10 of 14 This proposal is confidential between Gulfstream and the Customer. Dlitseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589868  ID a R01 G 03 February 2016 Gulfstream GN Serial Number 1085 JEGE, LLC PART III. Payment Terms and Remittance Instructions For customers with available credit, and except as set forth below, payment terms are net 30 days from date of invoice. Unless otherwise agreed in writing, for Work estimated to exceed $100,000, Customer agrees to make progress payments on the following schedule: 50% of the estimated amount prior to commencement of Work on the Aircraft, and final payment of the remaining 50% 30 days from the date of final invoice. Additional deposits may be required for long- lead or special purchased parts, which are not refundable. should the visit be cancelled or work scope changed to eliminate those items. Additional deposits may also be requested if there is a significant amount of growth in the scope of the Work, including significant material costs. If any portion of an invoice is disputed, then Customer shall nevertheless pay all undisputed amounts per this schedule. Gulfstream shall not be required to release Customers Aircraft to depart if Customers total outstanding balance owed to the Gulfstream Parties exceeds the lesser of $150,000.00 or Customer's available credit limit. All sums past due bear interest at the lesser of 1.5% per month, or the maximum rate allowable by law, plus reimbursement for attorney fees and other costs of collection. For customers without available credit, including those without open credit terms (cash in advance, cash on delivery, etc.), as additional items are added to the Work, additional progress payments may be required to continue Work on the Aircraft and all remaining outstanding balances must be paid prior to Aircraft departure. See the Work Authorization terms and conditions for further details on payment terms. If Applicable, Aircraft Records and Condition Survey ("ARCS"). ARCS fees are payable in advance of the inspection being performed. Acceptable methods of payment related to ARCS and supporting aircraft sales transactions include payment via wire transfer/ACH, certified check and Gulfstream accepted credit card. Costs incurred in remediation of discrepancies documented during the ARCS or required in conjunction with the supporting aircraft sales transaction are immediately due upon completion of the ARCS and prior to the departure of the aircraft. This section applies to all customers, including those who have available credit. Remittance can be made to the following: Checks: Gulfstream Aerospace Corporation (Overnight) Gulfstream Aerospace Corporation (Box #730349) P.O. Box 730349 c/o JP Morgan Chase Bank, NA Dallas. TX 75373-0349 Attn: Dallas National Wholesale Lockbox TX1-0029 14800 Frye Road Ft. Worth, TX 76155 Wire Transfer Gulfstream Aerospace Corporation Instructions: JP Morgan Chase Bank, NA 1 Bank One Plaza Chicago, IL 60670 Account No. 10-15825 Reference your Five (5) Digit Customer Number (XX-XXX) Bank Fedwire Routing No. (ABA) 021 000 021 Identifiers: S.W.I.F.T CHASUS33 ACH Credit Routing No. (ABA) 071 000 013 Note: Please reference the Quote ID Number and one of the following (as applicable): • Invoice Number • Sales Order Number • Job or Work Order Number • Aircraft Serial or Registration Number • Customer Account Number Page 11 of 14 This proposal is confidential between Gulfstream and the Customer. Dlitseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589869  in, ID ir 801 03 February 2016 Gulfstream GN Serial Number 1085 AGE. LLC PART IV. Executive Summary and Proposal Acceptance Please select items in Accept/Decline columns. Once an item is accepted, the amount will auto populate the total. (Please note that quoted dollars and downtime may vary based on concurrent work with accepted/declined items.) A. INTERIOR (USD) Accept Decline B. AVIONICS / CABIN ELECTRONICS 1.1 ASC 477 NZ 2010 V6.1 - TRIPLE $168.250 1.2 Synthetic Vision (PDSV) - Provisions $35,000 1.3 ASC 476B V1.10 Software Enhancements See Item 1.4 ASC 415B Indicating and Recording - Upgrade SPZ-800018400 $28.744 C. MECHANICAL Aircraft Maintenance 2.1 12 Month CMP Tasks $6.386 2.2 24 Month CMP Tasks $37,063 2.3 36 Month CMP Tasks $32.621 2.4 150 Hour CMP Tasks $1,527 2.5 150 Cycle CMP Tasks $833 2.6 Miscellaneous CMP Tasks $15,686 2.7 CB 227 Replacement, Oxygen System Flexible Hoses $11.425 I 2.8 CB 232A Modification, Aircraft Main Battery Chargers See Item 2.9 CB 235 - Main Landing Gear Door Actuator End Cap Replacement - Life Limit $3.936 D. PAINT QUOTED WORKSCOPE TOTAL BASED ON CUSTOMER ACCEPTED ITEMS 'Default value Is set to SO until Customer selections have been made above. Estimates based on Quoted Workscope , Materials/Outside Services for CMP Inspection Package(s)' $13,150 The estimated amount includes items marked with an *X" on the attached CMP Exhibit(s). The estimates are for planning purposes only and are subject to pricing and availability at the time of aircraft induction. Page 12 of 14 This proposal is confidential between Gulfstream and the Customer. Dlitseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589870  ID # S R01 03 February 2016 Gulfstream GN Serial Number 1085 JEGE, LLC PART IV. Executive Summary and Proposal Acceptance (continued) Schedule Planning Estimated Days Estimated Leadtime' See Note 'The above leadtime is an estimate expressed in calendar days to allow for planning and scheduling of the Aircraft service visit and will commence upon Gulfstream's receipt of Customer's signed Proposal and material callout selections. Leadtimes may be addressed by other relevant contingencies set out in this Proposal. Note: This proposal contains items that are managed programs. Please contact your Regional Sales Manager for leadtime. Typical leadtimes for this item/workscope are 30 calendar days. Estimated Downtime' 20 Working Days 2The above downtime estimate is based upon Gulfstream's general understanding of the time required to accomplish the work outlined in this Proposal. Said understanding is in turn based upon Customer satisfying any leadtime requirements. Estimated downtime may be adjusted depending on the final induction schedule and mutually agreed facility selected for completion of the Work. For the avoidance of doubt, any expression of downtime is only provided as an estimate. This estimate is not a contractual commitment by Gulfstream. Estimated downtime is stated in working days. defined as Monday through Friday. excluding applicable recognized local holidays. If additional Work is required beyond that specifically identified in this Proposal, then the estimated downtime may be extended by Gulfstream. Estimated downtime may increase or decrease depending upon the availability of the mutually agreed facility selected for completion of the Work. Input Facility Gulfstream West Palm Beach 1500C Perimeter Road West Palm Beach. Florida 33406 Main Phone: Note: Changes to facility input may affect downtime. Please contact your Regional Sales Manager. Quote Validity Pricing contained in this proposal is valid for 90 days from the date of this proposal. For further details/definition, see Part II Section C or li h r Pricing • This proposal supersedes proposal ROO dated 05 January 2016. • If Cadmium Plating Degradation is found during the Wing Tank Internal Inspection, estimated repairs cost can be $35,000 in labor and materials depending on the condition of the aircraft. Page 13 of 14 This proposal is confidential between Gulfstream and the Customer. DIfseh Return to Table of Contents GAC Rev. October 15. 2015 EFTA00589871  ID a R01 03 February 2016 Gulfstream GN Serial Number 1085 JEGE. LLC PART IV. Executive Summary and Proposal Acceptance (continued) Upon acceptance of this Proposal, the prices and quotes stated herein (subject to all contingencies or other stated assumptions) constitute a formal Fixed Price Quote, which is included in Gulfstream's standard Work Authorization Agreement Terms and Conditions. Your acceptance of all or any portion of this Proposal confirms your acknowledgement that you have read and express agreement to be bound by these terms. This Proposal expressly incorporates by reference and is subject to Gulfstream's standard Work Authorization Agreement Terms and Conditions which are attached hereto as ATTACHMENT A. The Work Authorization, which will include a Work Order which details all items of Work to be accomplished during the service visit, including those items selected and documented by Customer from this Proposal, will constitute the agreement between the parties and will supersede this Proposal when executed by both parties. The Work Authorization will be signed at the Aircraft's induction into the agreed Gulfstream Service Center. IN WITNESS WHEREOF, the parties have caused this Proposal to be executed by their duly authorized representatives. Copies of a fully executed agreement. emailed between the parties will be effective as an original signed agreement. JEGE, LLC GULFSTREAM AEROSPACE CORPORATION ("Customer") ("Gulfstream") By: By: Name: Name: Rusty Cramer Title: Title: Regional Sales Manager, Product Support Sales Date: Date: 03 February 2016 Please complete and return all pages of PART IV via fax ( or email Page 14 of 14 This proposal is confidential between Gulfstream and the Customer. Dlitseh Return to Table of Contents GAC Rev. Ocioter 15. 2015 EFTA00589872  ATTACHMENT A WORK AUTHORIZATION AGREEMENT TERMS AND CONDITIONS 1. AGREEMENT. This Work Authorization Agreement, including documents incorporated by reference, (the "Agreement") identifies the services and materials (the "Work") to be provided by Gulfstream. its employees, agents. representatives, and contractors, (collectively "Gulfstream") to the aircraft identified on the first page of this Agreement (the "Ai