September 21, Re: Notice of Secured Party Sale to be held October 13, Secured Party Seller: M2 Gold Jets, LLC (the Lender )

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Ernest Hill
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1 September 21, 2016 VIA FEDERAL EXPRESS, OR MAIL AS PER SERVICE LIST To the Attached Service List: Re: Notice of Secured Party Sale to be held October 13, 2016 Secured Party Seller: M2 Gold Jets, LLC (the Lender ) Address: c/o Perkins Coie LLP 30 Rockefeller Plaza, 22nd Floor New York, New York Phone Number: Fax: geisenberg@perkinscoie.com Attention: Gary F. Eisenberg, Esq. This constitutes formal notice that the collateral described below on Schedule A attached hereto (the Collateral ) (consisting generally of a Hawker aircraft bearing registration number N804CS and related items, but as more specifically described on Schedule A) will be sold at a public sale (the Sale ) held to enforce the rights of Lender as Secured Party Seller in the Collateral to the highest qualified bidder. The Collateral is the subject of the certain Aircraft Security Agreement dated as of September 9, 2015 ( Security Agreement ), as may have been amended, between Lender and Ocean Air 1, LLC ( Debtor ) and related agreements between the Debtor and Lender (collectively, the Loan Documents ). The Debtor is in default of the obligations under the Security Agreement and Loan Documents. Capitalized terms not otherwise defined herein have the meanings as set forth on Schedule B attached hereto, or if not defined therein, as defined in the Security Agreement. A copy of the Security Agreement is available upon request from counsel to Lender, identified above, and as further described in paragraph 12, below. THIS NOTICE SUPERSEDES ALL PRIOR DATED NOTICES. Lender is foreclosing on defaults under that certain $350, Promissory Note dated as of September 9, 2015 (the Note ) from Debtor to Lender, on which outstanding obligations (the Obligations ) exceed $366, Lender reserves all rights it has arising out of or relating to the Note and the remaining Loan Documents. Lender does not and cannot warrant the extent of Debtor s rights, if any, in the Collateral, or regarding the accuracy or completeness of any information regarding the Collateral or Debtors rights therein. Any prospective buyer of the Collateral is responsible for its own due diligence and investigation regarding the Collateral and other Liens and encumbrances on the Collateral. Any sale of the Collateral shall be a final sale on an AS IS, WHERE IS basis and will be made without any warranty, expressed or implied, as to the merchantability or fitness for any purpose or a particular purpose and without warranty, expressed or implied, as to any other matter including, but not limited to, the enforceability of any license agreement or other contract or right. THE CONDITIONS OF THIS PUBLIC SALE ARE AS FOLLOWS:

2 1. Collateral. The Collateral to be sold is described more particularly in Schedule A annexed hereto and made a part hereof. The Sale may be made in lots or in bulk and for cash or credit as Lender in its sole and absolute discretion may determine. Lender reserves the right to exclude particular items of Collateral from the Sale by publication on the Website prior to the Sale or announcement at the Sale. 2. Time and Place of Public Sale. The Sale is a public auction sale for Qualified Bidders (defined below) that will take place on October 13, 2016 at 10:00 a.m. (the Sale Date ) at the offices of Lender s counsel, Perkins Coie LLP, 30 Rockefeller Plaza, 22nd Floor, New York, New York, (as may be adjourned by Lender in its sole and absolute discretion). 3. Registered Bidders. The Sale will be open to any qualified bidder (a Qualified Bidder ) who qualifies to be a Qualified Bidder as follows: Any individual or entity desiring to bid at the Sale must register with Lender s counsel, Perkins Coie LLP, 30 Rockefeller Plaza, 22nd Floor, New York, New York, , Attn: Gary F. Eisenberg, Esq., geisenberg@perkinscoie.com and must satisfy the requirements for becoming a Qualified Bidder as set forth on the Terms and Conditions posted on the Website (defined below). Any individual intending to attend the Sale must contact Gary F. Eisenberg, Esq. at or geisenberg@perkinscoie.com at least twenty-four (24) hours prior to the Sale Date to reserve access into the 30 Rockefeller Plaza building. All attendees must also show a government-issued photo identification to building security before they will be granted access to the Perkins Coie LLP offices. 4. Sale Notice. Lender reserves the right to determine the date and manner of publication of any notice of the Sale. Lender shall have the right to adjourn the Sale one or more times on such terms and conditions as shall be announced at the Sale. Lender shall have the right to amend the Terms and Conditions at any time prior to the acceptance of bids at the Sale. No further publication or other notice of any kind of such adjournment or amendment to the Terms and Conditions shall be required for any such adjournment. 5. Method of Sale. The Sale shall be a public auction sale on terms and conditions as posted to the Website (defined below in paragraph 12), which terms and conditions (the Terms and Conditions ) Lender reserves the right to amend at any time prior to the date of the Sale by posting revised Terms and Conditions to the Website. Lender further reserves the right to amend the Terms and Conditions of the sale on the date of the Sale by announcement made at the Sale. Without limiting the foregoing, Lender shall have the right, but not the obligation, to credit bid at the Sale up to the amount of the Obligations plus charges, costs and expenses recoverable from sale proceeds as provided under the Security Agreement. 6. No Warranties. The Collateral is being sold on an as is, where is basis. There is no warranty relating to title, possession, quiet enjoyment or the like in this Sale. 7. Existing Senior and Other Liens and Claims. In addition, the Sale of the Collateral is subject to all liens, security interests, claims, liabilities and charges and encumbrances of any kind (any hereinafter, a Lien ) owing by or with respect to the Collateral that have priority over that of Lender. 8. Accounting. If you are the Debtor or other obligor of the Obligations, you are entitled to an accounting of the unpaid indebtedness secured by the Collateral at your sole cost and expense, which cost will equal approximately $1, You may request an accounting by calling the number of the Lender s counsel set forth above.

3 9. Right of Redemption. Any person or entity entitled to redeem the Collateral may do so by paying the full amount of the Obligations secured by the Collateral (including the expenses of preparing for and conducting the sale) prior to the Sale. 10. Deficiency. To the extent that any Obligations remains unpaid after the Sale, the Lender reserves all right to recover such remaining Obligations from the Debtor or any other obligor to the extent permitted under the Loan Documents. 11. Controlling Notice. This Notice supersedes any and all previous secured party sale notices issued by Lender with respect to the Collateral. 12. Further Inquiries. For further information, please contact counsel for Lender, Perkins Coie LLP, 30 Rockefeller Plaza, 22nd Floor, New York, New York, , Attn: Gary F. Eisenberg, Phone: ; Fax, , Interested parties who would like additional information regarding the collateral, the requirements to be a Qualified Bidder or the terms of the sale should visit the website (the Website ) or contact Lender s counsel, Perkins Coie LLP, 30 Rockefeller Plaza, 22nd Floor, New York, New York, , Attn: Gary F. Eisenberg, Esq. at or by at geisenberg@perkinscoie.com. THIS NOTICE IS MADE IN SATISFACTION OF OF THE UNIFORM COMMERCIAL CODE AS IN EFFECT IN NEW YORK. LENDER: M2 Gold Jets, LLC, by its counsel, Perkins Coie LLP By: /s/ Gary Eisenberg Name: Gary Eisenberg Title: Partner

4 SCHEDULE A Collateral shall mean all of Debtor s tangible and intangible property rights in and to the items and categories of items as set forth below and all Proceeds thereof: Registration number N212XX, Hawker Siddeley HS A, Serial Number NA 0266/ Engines (manufacturer, model, and serial number): Honeywell Propulsion Systems TFE 731-3, Serial Nos.: left engine P-84221; right engine P-84

5 Schedule B Definitions Collateral has the meaning as set forth in Schedule A. Debtor means Ocean Air 1, LLC. Security Agreement shall mean that certain Aircraft Security Agreement dated as of September 9, 2015 between the Debtor and the Lender, as may have been amended from time to time. Proceeds shall mean (a) all proceeds (as such term is defined in the UCC) and products (as such term is defined in the UCC) with respect to the Collateral and (b) include, without limitation: whatever is receivable or received when Collateral is sold, collected, exchanged or otherwise disposed of, whether such disposition is voluntary or involuntary; all rights to payment, including return premiums, with respect to any insurance relating thereto; all interest, dividends and other property receivable or received on account of the Collateral or proceeds thereof, (including all distributions or other income from the Collateral, all collections thereon or all distributions with respect thereto); and proceeds of any indemnity or guaranty payable to Debtor or Lender from time to time with respect to any Collateral. UCC shall mean the Uniform Commercial Code as in effect in the State of New York; provided that, if perfection or the effect of perfection or non-perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, UCC means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. All terms defined in the UCC and used herein shall have the same definitions herein as now specified therein and as such terms may hereafter be amended; provided, however, the term instrument shall be such term as defined in Article 9 of the UCC of the State of New York rather than Article 3.

6 Attached Service List Ocean Air 1, LLC 399 Knollwood Road, Suite 320 White Plains, NY Attn: David Linn Eric Sharp, Esq. Galgano & Associates 399 Knollwood Road, Suite 318 White Plains, New York Phone: (914) Salvatore A. Lagonia, Esq. P.O. Box 571 Yorktown Heights, NY cc: M2 Gold Jets, LLC

WELLS FARGO EXHIBIT 10.4 CONTINUING SECURITY AGREEMENT RIGHTS TO PAYMENT AND INVENTORY

WELLS FARGO EXHIBIT 10.4 CONTINUING SECURITY AGREEMENT RIGHTS TO PAYMENT AND INVENTORY EXHIBIT 10.4 WELLS FARGO CONTINUING SECURITY AGREEMENT RIGHTS TO PAYMENT AND INVENTORY 1. GRANT OF SECURITY INTEREST. For valuable consideration, the undersigned S&W SEED COMPANY, or any of them ("Debtor"),