REVISION FORMULA. In determining the revised Reference Price, ECIn and ICn shall be calculated to the nearest tenth (1 decimal). Each quotient ***** (4 decimals). ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. EXHIBIT H-2 PROPULSION SYSTEMS PRICE REVISION FORMULA INTERNATIONAL AERO ENGINES If the next succeeding place is five (5) or more the preceding decimal place shall be raised to the next higher figure. After final computation Pn shall be rounded to the nearest whole number (0.5 rounds to 1)
REVISION FORMULA. Pn = (Pb+F) x [(***x (ECIn/ECIb)) + (*** x (ICn/ICb))] Where :
REVISION FORMULA. Pn = (Pb + F) x [(***** x (ECIn/ECIb)) + (***** x (MMPn/MMPb)) + (0.10 x (EPn/EPb))] Where :
REVISION FORMULA. Pn = (Pb + F) x [(***** x (ECIn/ECIb)) + (***** x (MMPn/MMPb)) + (***** x (EPn/EPb))] where : F : (0.005 x N x Pb) where N is the calendar year of Aircraft Delivery minus 2001 Pn : revised XX Xxxxx 772B Reference Price of a set of two Propulsion Systems at Aircraft Delivery Pb : XX Xxxxx 772B Reference Price at averaged economic conditions December 1999, January 2000, February 2000 ECIn : ECI336411W Index for 13th, 12th, 11th months averaged prior to the month of Aircraft Delivery ECIb : ECI336411W Index for December 1999, January 2000, February 2000 averaged (=81.80) MMPn : MMP-Index for the 13th, 12th, 11th months averaged prior to the month of Aircraft Delivery MMPb : MMP-Index for December 1999, January 2000, February 2000 averaged (=128.13) EPn : EP-Index for the 13th, 12th, 11th months averaged prior to the month of Aircraft Delivery EPb : EP-Index for December 1999, January 2000, February 2000 averaged (=89.50) Intrepid – Airbus A330-200F PA Amendment 3 –ref #CT0903391 EXECUTION CONFIDENTIAL AND PRIVILEGED 47/53 ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
REVISION FORMULA. Pn = (Pb + F) x [([***] (ECIn/EClb)) + ([***] (lCn/lCb))] Where : Pn : Airframe Basic Price as revised at the Delivery Date of the Aircraft Pb : Airframe Basic Price at economic conditions December 2004, January 2005, February 2005 averaged (January 2006 delivery conditions) F : ([***] x N x Pb) where N = the calender year of Delivery of the Aircraft minus 2006 ECIn : the arithmetic average of the latest published values of the [***] available at the Delivery Date of the Aircraft for the 11th, 12th and 13th month prior to the month of Aircraft Delivery ECIb : [***] for December 2004, January 2005, February 2005 averaged (=[***])
REVISION FORMULA. Pn : (Pb + F) x (CPIn/[***]) where : Pn : revised Reference Price at Aircraft Delivery. Pb : Reference Price at delivery conditions January 2003 F : ([***] x N x Pb) where N = the calendar year of Delivery of the Aircraft minus 2003 CPIn : the Composite Price Index (CPI) applicable for the month of Aircraft Delivery. This Composite Price Index is composed as follows : CPIn= ([***] x ECIn) + ([***] x Icn) where :
REVISION FORMULA. Pn = Pb x [(***ECIn)/ECIb + (*** MMPn)/MMPb + (*** Epn)/EPb] Where : Pn : revised Reference Price at Aircraft Delivery Pb : Reference Price at averaged economic conditions February 2001 ECIn : ECIsic3721W Index for the fourth month prior to the month of Aircraft Delivery ECIb : HE SIC 3721W for June 2001 (=154.3) MMPn : MMP-Index for the fourth month prior to the month of Aircraft Delivery MMPb : MMP-Index for June 2001 (=126.6)
