OFFER TO PURCHASE
August 5, 2010
JACK PREWITT & ASSOCIATES, INC.
Attn: Mr. Jack D. Prewitt
Reference: Gulfstream V, Serial Number 502
VIA FACSIMMILE: 817-267-4805
Hyperion Air, Inc. or its assignee offers to purchase Gulfstream G-V, serial number 502, for the sum
Of $18,500,000.00 (Eighteen Million, Five Hundred Thousand United States Dollars) AS-IS-WHERE-IS
subject to the following:
1. A definitive purchase agreement satisfactory to both parties.
2. Aircraft to be delivered with title free and clear with no liens.
3. Aircraft to be delivered in airworthy condition with all systems functioning
normally as defined by the Manufacturer's specifications.
4. Aircraft to have all U.S. AD's and mandatory SB's and current on the Manufacturer's
maintenance program at the time of closing.
5. A satisfactory pre-purchase inspection of the aircraft and its records at a location
to be named by the buyer.
6. All records and complete consecutive log book's, manuals and wiring diagrams to be
delivered with the aircraft.
7. This offer expires after 5:00pm CST on August 6, 2010.
8. A initial refundable deposit of $5,000,000.00 United States Dollars upon acceptance of this
offer will be facilitated via swift wire to Insured Aircraft Title Service, Oklahoma City,
Oklahoma.
Sincerely, Accepted by:
HYPERION AIR INC. SKY FLIGHT LEASING LTD.
(Authorized Agent)
Name: Jack D. Prewitt
Title: President
Date: Date: August 5, 2010
EFTA00727129