EFTA00610599.pdf

BankofAmericaeI John Prock SVP. Global Asset Manager Merrill Lynch Banc of Amenba Leasing Corporate Aircraft Finance 60ICanson Parkway. Suite I ISO Minnetonka MN 55305 tel cell lax John.Prock Basic Summary of Lease Terms TRANSACTION: Inventory Aircraft Lease LESSEE/GUARANTOR: TBD (Subject to Lessor and credit approval) Bag terks LESSOR: Mem.a/Ly•th Its affiliates, successors or assignees. AIRCRAFT: Gulfstream G450 #4006 DELIVERY DATE: Available Late 2016 LEASE TERM: Option A: 60 Months Option B: 84 Months Option C: 120 Months MONTHLY LEASE PAYMENTS: Option A: $115,000 Monthly in Advance* Option B: $102,200 Monthly in Advance* Option C: $95,835 Monthly in Advance* 'Not including any sales or use taxes plus RRCC engine hourly and/or annual program rates and MSP APU hourly and/or annual rates. AIRCRAFT USAGE: 400 hours average annual utilization EXCESS USE CHARGE: $3,850/Hr after the first 400 hours of average annual utilization. SECURITY DEPOSIT: $400,000 (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 the Successful Lease Termination with the Existing Lessee, 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. EFTA00610599