EXHIBIT B WARRANTY BILL OF SALE The undersigned, Bovale Developments, Inc., Trustee, a Delaware corporation, and Bovale Developments, Trustor, a Irish company (together the “Seller"}, is the owner of the full legal and beneficial title in and to the Bell 430 helicopter bearing Manufacturer's Serial No. ens U.S. Registration No. together with two (2) Rolls Royce model 250-C40B engines bearing Manufacturer's Serial Nos and , and all avionics. equipment, systems furnishings and accessories installed on, contained in or attached to said aircraft and engines, and also including all loose equipment that is normally or currently part of or associated with said aircraft and engines, and ali aircraft records and documents associated with said aircraft, engines, avionics, equipment (including loose equipment), systems, furnishing and/or accessories. all as is more particularly described in Exhibit A and Exhibit A-! attached to that certain Aircraft Purchase Agreement dated February 28, 2012 by and between Seller and Hyperion Air, Inc., a Delaware corporation (“Purchaser”), and also including all airframe, engine and accessory logbooks, flight and operation manuals, maintenance and overhaul records, checklists, drawings. any issued FAA Form 337's, warranty documents, and all other records and paperwork in Seller's possession relating to the above-described aircraft, engines, avionics, equipment (including loose equipment), systems, furnishings and/or accessories (collectively, the “Aircraft”). For and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller does hereby grant, bargain, sell, convey, transfer and deliver unto Purchaser, all of Seller's right, tithe and imerest in and to the Aircraft Seller hereby warrants to Purchaser, its successors and assigns, that Seller is the legal owner of the Aircraft and that there is hereby conveyed to Purchaser good and marketable title to the Aircraft, free and clear of any and all claims, leases, trusts, liens, security interests, mortgages, encumbrances, Prospective International Interests, International Interests, Contracts of Sale, Prospective Sales and any other rights of others, including, without limitation, any outstanding or delinquent taxes or fees or dutics attributable to or imposed on or asserted against the Aircraft by any taxing jurisdiction, and Seller will warrant and defend such title forever, at the sole expense of Seller, against all claims and demands whatsoever, EXCEPT FOR THE WARRANTIES OF SELLER SEI FORTH IN THE PRECEDING SENTENCE, THE AIRCRAFT IS HEREBY SOLD TO PURCHASER IN ITS “AS IS, WHERE IS” CONDITION AND “WITH ALL FAULTS.” IN WITNESS WHEREOF, Seller has caused this Warranty Bill of Sale to be cencetited by its duly authorived officer, as ofthis day ob 2012. By: = —_ By: wake: (cider “E427 = Name: : Title: <B7 <6 ¢ tof Title: _ — BOVE. DEV ELOPMEN Ts. TRUSTOR BOVALE DEVELOPMENTS, INC., TRUSTEE EFTA00285876

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IN WITNESS WHEREOF, the parties to this Aircraft Purchase Agreement have caused it to be executed by their duly authorized representatives. SELLER: BOVALE DEVELOPMENTS, INC, TRUSTEE By:__ __ Sb ; Name: John Wright Tithe: Sweretary BOVALE, DEVELOPMENTS. TRUSTOR By: —_— Name:? Men aen DB ahileG Tite:__ “Di gectee HYPERION AIR, INC, By: Name: _ Title: INSURED AIRCRAFT TITLE SERVICE, INC.. hereby acknowledges receipt of the Deposit in the amount of $100,000.00 USD and an executed copy of this Aircraft Purchase Agreement, and ugrees to hold and dispose of the Deposit and, if received by it, the Purchase Price Balance and to perform the other duties specified in the various provisions of this Agreement in accordance with said provisions, including without limitation the provisions of Sections 1.1, 5 and 6 hereof. Dated this —_—_ day of February, 2012. INSURED AIRCRAFT TITLE SERVICE, INC. By: Name: Joan Roberts Title: Vice President 14 EFTA00285877