LODA for Experimental Aircraft

With the recent change in LODA regulations…

Scenario:  A friend owns a L-39 that has offered to let me use it for Type Training.  Other than the direct costs of operating the aircraft during the instruction and check ride (Fuel, consumables, etc.), he is not asking for any compensation to use the airplane.  I also would compensate the instructor (separate individual from the aircraft owner) for his time, also the check ride individual.  In this case, is a LODA required?  It would seem not as this matches the scenario put out by the FAA with the exception I would be doing the flying, not the actual aircraft owner.

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@Christopher Provan
No.  Since you don't own the plane, neither you nor your instructor any longer need the LODA.  See AOPA's article on this issue.