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A purchase proposal for discussion and professional review.

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Letter of intent

N551ST · Date to be completed

01 / Parties & aircraft

Buyer / receiving party: [Buyer / receiving legal entity — to be completed] Seller / disclosing party: [Seller / disclosing legal entity — to be completed] Broker: Matrix Aviation Document date: [Document date — to be completed] Aircraft: 1996 Learjet 60 Registration: N551ST Serial number: 048

02 / Proposed commercial terms

Proposed price: USD [Proposed purchase price — to be completed] Proposed deposit: To be agreed Inspection period / deadline: [Inspection period / deadline — to be completed] Target closing: [Target closing date — to be completed] Delivery location: [Delivery location — to be completed]

03 / Review points

The buyer proposes to discuss acquisition of the identified aircraft on the above terms, subject to negotiation of a definitive purchase agreement. Confirm inspection scope, discrepancy remedies, clear title, included equipment and records, deposit handling, delivery condition, and allocation of taxes and costs. Counsel should identify any provisions intended to be binding.

Aircraft source reference

Lear 60 048.pdf · pp. 1–4, 7–8 Eight-passenger cabin and ESP Gold stated. Supplied material lists Phase A/B/C due dates in 2023. Confirm subsequent maintenance and the as-of date of hours. Aircraft identity was prefilled from broker-supplied material. Legal ownership and seller identity must be confirmed separately.

Working draft

Prepared for discussion and professional review. This document is incomplete and is not ready for signature or filing. Aviation counsel should approve the operative terms for the transaction and jurisdiction.

Transaction drafts require aviation counsel review before use or signature.Official FAA bill of sale ↗