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Ir <br />AA 0� <br />ANREDBIRD FLIGHT SIMULATIONS, INC." <br />May 3, 2011 <br />Texas Aviation Partners <br />1807 Airport Drive, Suite 200 <br />San Marcos, TX 78666 <br />Subject: MOU — First Right of Refusal: Exhibit "E" Tract 4, Known as "Texas State Aviation" <br />The Redbird Skyport development project requests first right of refusal for property currently occupied by <br />Texas State Aviation, and detailed in attachment 1. <br />This property is located between Officer's Club Aero Ventures and the proposed construction site of Redbird <br />Skyport facility. If or when this property comes available, Redbird has appropriated funding and intends to <br />begin immediate development/improvement of this property to support existing operations. <br />John R. "Randy" Clark <br />Redbird Managing Partner <br />8313 W Highway 71, Suite 300 phone: (512) 301 -0718 rclark @redbirdflight.com <br />Austin, TX 78735 -8107 mobile: (512) 565 -9592 <br />fax: (512) 301 -0770 <br />