Umseting - Enskt-Turkiskt - memorandum of understanding

The balance of USD 5 will be paid against the shares of the company and will be free of any withholdings or taxes.

Ali will provide all necessary documents and information about its assets and liabilities for veli inspection upon signing of this memorandum of understanding.

Seller will start investing this amount to make the 4 units of airbus A and airbus B airworthy and utilize them in american jointly with buyer.

A separate contract will be signed separately for such operation between A and B.