EFTA Document EFTA01797077

From: Sent: Tuesday, December 6, 2011 9:17 PM To: Je vacation Subject: Re: LOI From Don Bass, only Sent via BlackBerry by AT&T From: jeffrey epstein <[email protected]> Date: Tue, 6 Dec 2011 17:16:57 -0400 To: Subject: Re: LOI I have never agreed to 3.5 where did that number come from Sorry for all the typos .Sent from my iPhone On Dec 6, 2011, at 5:11 PM, wrote: Jeffrey, from Don Bass, for your review: 8727 L01, Don would like you to review and discuss this L01 he composed„ if this would be acceptable to you, he will forward to Tarek for his approval if you agree on these terms? thank you, Larry Fro To: Sent: 12/6/2011 3:53:18 P.M. Eastern Standard Time Subj: LOI Larry, Attached please find a draft Letter of Intent relating to the sale of the Boeing to Aamal Company Q.S.C. EFTA_R1_00133402 EFTA01797077 The buyer has expressed an interest in purchasing JEGE Inc. and keeping the aircraft on the U.S. registry. They have also expressed their preference that the structure of the deal would include the seller delivering the aircraft with all of the modifications that have recently been discussed. What I have attempted to do is to allow for you to receive a selling price of 3.5M and close the transaction upon the completion of the C2C Inspection, pre-purchase inspection, and the correction of discrepancies related thereto. Eric Roth, from International Jet Interiors, will complete the modifications referenced above at a price not to exceed 2.0M. Essentially, it is two separate transactions, a sale and a subsequent completion. However, given the buyer's concern and preference for purchasing a completed aircraft, I have structured it to provide for one payment into escrow encompassing all the work. This is intended to be a non-binding Letter of Intent, which would be superseded by a Purchase Agreement. I understand that I'm giving it to you quite late in the afternoon, however, if it is possible, and if it is generally acceptable to Jeffrey, please advise and I will forward to the buyer with the caveat that it remains subject to further comment by the seller. I welcome discussing any questions that you may have. Best Regards, Don Bass Managing Partner AVPRO Inc. 2 EFTA_R1_00133403 EFTA01797078 <B727-100#20115v2.doc> 3 EFTA_R1_00133404 EFTA01797079