EFTA01108689.pdf

NETJETS. Richard Kahn Share Purchase Share Purchase Global 5000 Global 6000 Annual Hourly Allotment 300 300 Tail # TBD TBD Availability Spring 2016 Spring 2016 (lease on Gulfstream 450 available in (lease on Gulfstream 550 available in interim) interim) 5 Years 5 Years Contract Term with 5 Year renewal option with 5 Year renewal option (3 Year minimum commitment) (3 Year minimum commitment) Aircraft Vintage 2016 2016 Deposit Share Purchase Acquisition $18,375,000 $20,625,000 Operating Costs * Rate Annual Rate Annual Monthly Management Fee (MMF) $112,560 $1,350,720 $126,474 $1,517,688 Occupied Hourly Fee (OHF) $4,352 $1,305,600 $4,455 $1,336,500 Fuel Variable $1,508 $452,400 $1,577 $473,100 Annual Cost $3,108,720 $3,327,288 Average Cost per Hour $10,362 $11,091 • The above reflect current operating costs. Standard escalations apply on 111/2016 (estimated at 3.75% on MMF an 2% on OHF) *The Fair Market Value is available for 15 days. 1) This Cost Analysis Is an estimate, not a contract or an offer. Prices are subject to change. 2) The Monthly Management Fee and Occupied Hourly Fee will be adjusted on January 1st of each year. 3) Fuel will vary month to month based on cost of Fuel. 4) All Owners will be charged Federal non-commercial fuel taxes at a rate of 5.219 per gallon plus a Federal fractional fuel surcharge at 5.141per gallon on fractional and positioning flights. 5) Owners of stand-alone 1/32nd shares and Owners whose contract terms do not meet the multi-year lease or ownership requirements will be subjected to the 7.5% FET on the occupied hourly fees, monthly management fees, fuel variable charges, and lease or aircraft purchase costs. 6) Any 2015 or older vintages reflect 2015 pricing. Any 2016 vintages reflect estimated 2016 pricing. Created on 10/21/2015 EFTA01108689