EFTA00650296.pdf

From: Lany Visoski <a> To: "jeffrey E." <1 Subject: Re: LOI for G550 #5173 Date: Mon, 23 Jan 2017 20:13:23 +0000 Ok I'll send now Sent from my iPhone On Jan 23, 2017, at 2:53 PM, jeffrey E. < wrote: send him a note that says josh , where are we? On Sun, Jan 22, 2017 at 3:24 PM, Larry Visoski <Ma> wrote: From Josh Sent from my iPhone Begin forwarded message: From: Josh Mesinger Date: January 22, 2017 at 3:21:42 PM EST To: Larry Visoski <1.1 >, Jay Mesinger Subject: RE: LOI for G550 #5173 Larry, Thank you for the offer to purchase Gulfstream G550 s/n 5173. Per our conversation here are a few things that we would like to address now: • We are waiting on a response from another buyer to a counteroffer that we made them on Friday. They have to tell us if they are moving forward by mid-day Monday. We need to play that out first. We will not ask either party to engage in a bidding war. We will work the first offer to a successful or unsuccessful conclusion first before then potentially moving to you and your offer. • The final sales price with a formal Gulfstream pre-purchase inspection will need to be closer to a mid-$16Ms number. Should we respond to your offer we will counter the price and terms. • The LOI will need to go into more detail about delivery conditions and a timeline for the transaction including a visual inspection. Seller will also provide a first draft of a purchase and sales agreement. These are changes we can make in any response. • You mentioned going to Europe this week....if we engage in a negotiation we need to have you or someone representing you see the airplane and records this week. That is key to giving everyone the confidence that they need to focus on trying to put together a deal with you and your principal. • Chevron is trading price for certainty of a sale. As such, they would like a transaction where a buyer's deposit becomes non-refundable at contract signing subject to the seller delivering the aircraft at closing compliant EFTA00650296  with all of the delivery conditions. The delivery conditions will state that the aircraft must be airworthy, with all systems functioning normally within manufacturer's allowable limits, it will be current on its maintenance with all ADs and mandatory service bulletins (or Gulfstream equivalents) with compliance dates as of closing complied with, etc. (all common and customary fair delivery conditions with cosmetic discrepancies and normal wear and tear excluded). If the seller is unable to deliver the aircraft in accordance with the defined delivery conditions then the buyer would get out of the deal and get the deposit back. If everyone is focused on getting this done it does not take anything away from a buyer. • Chevron will require knowing who your principal is before engaging in a negotiation for the sale. It will be kept strictly confidential, but they will not negotiate with a buyer without knowing who they are engaging with. Please let us know if this is all workable. We will let you know tomorrow ASAP where we stand with the first group that made an offer in the end of last week. Assuming we move forward with you, please let us know when you can fly out to see the airplane this week. Thank you and best regards, Josh Josh Mesinger, Vice President Mesinger Jet Soles 3025 47th St., Suite D2, Boulder, CO 80301 Ph: +1 303-444-6766 eFax: +1 303-531-4196 Cell: +1 303-588-0758 Website: A Legacy Of Aviation Innovation Co-Chair & Proud Sponsor of the 2017 NBAA Leadership Conference February 14 -16, 2017 - Miami, FL Hyatt Regency Hotel https://www.nbaa.org/events/leadership/2017/ From: Larry Visoski [mailto: Sent: Sunday, January 22, 2017 9:24 AM To: Jay Mesinger <->; Josh Mesinger Subject: LOI for G550 #5173 Jay and Josh, Please find attached LOI for purchase of G550 manufactures serial #5173. EFTA00650297  Pls confirm receipt of LOI. Best Regards, Larry Visoski Manager Plan D, LLC 917-868-6155 Created with Scanner Pro please note The information contained 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 and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00650298