Bankof America Joha Prock Director, National Asset Manager Merrill Lynch Banc of America Leasing Corporate Aircraft Finance 601 Carlson Parkway, Suite 1150 Minnetonka, MN 55305 fonin.. Basic Summary of Lease Terms TRANSACTION: Inventory Aircraft Lease LESSEE/GUARANTOR: TBD (Subject to Lessor and Credit Approval) LESSOR: tmtotinwiea@ Its affiliates, successors or assignees. Merrit Lyach 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: nour the aircraft to Lessor per the terms and conditions of e 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