EFTA00602434.pdf

Bank of America eIr John Prock Director. National Asset Manager Merrill Lynch Banc of Amenba Leasing Corporate Aircraft Finance 607 Carlson Parkway. Suite 7750 nrvonka MN 55305 cc Basic Summary of Lease Terms TRANSACTION: Inventory Aircraft Lease LESSEE/GUARANTOR: TBD (Subject to Lessor and Credit Approval) LESSOR: Irk a/Pain e Its affiliates, successors or assignees. filenil Lyn* AIRCRAFT: Gulfstream G550 #5012 DELIVERY DATE: Available April 2017 LEASE TERM: Option A: 60 Months Option B: 84 Months Option C: 120 Months MONTHLY LEASE PAYMENTS: Option A: $157,206 Monthly in Advance* Option B: $141,097 Monthly in Advance* Option C: $122,233 Monthly in Advance' 'Not including any sales or use taxes plus RRCC Engine & Honeywell MSP APU program rates AIRCRAFT USAGE: 400 hours average annual utilization. EXCESS USE CHARGE: $4,275/Hr after the first 400 hours of average annual utilization. SECURITY DEPOSIT: $500,000 (Non-Interest Bearing) OPTIONS AT TERMINATION: Return the aircraft to Lessor per the terms and conditions of the lease. This Aircraft and Proposal are Subject to Successful Termination of the Existing Lease, Change, Prior Sale or Lease, and/or Removal from the Market Without Prior Notice. These are confidential terms for discussion purposes from Banc of America Leasing. Formal commitment is subject to final review and approval of Banc of America Leasing. EFTA00602434