Supplemental Agreement No. 05 to Purchase Agreement Number PA-03784 (the Agreement) Between The Boeing Company and United Airlines, Inc. Relating to Boeing Model 737-900ER Aircraft
Exhibit 10.2
CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.
Supplemental Agreement No. 05
to
Purchase Agreement Number PA-03784
(the Agreement)
Between
The Boeing Company
and
Relating to Boeing Model 737-900ER Aircraft
THIS SUPPLEMENTAL AGREEMENT is entered into as of March 3, 2014 by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (formerly known as Continental Airlines, Inc. and successor by merger to United Air Lines, Inc.) (Customer);
WHEREAS, the parties hereto entered into Purchase Agreement Number PA-03784 dated July 12, 2012 (Purchase Agreement), as amended and supplemented, relating to the purchase and sale of Boeing Model 737 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement;
WHEREAS, Boeing and Customer agree to revise the delivery months for the following Aircraft:
| Original Delivery Month |
New Delivery Month |
Serial Number | ||
| *** |
*** | *** | ||
| *** |
*** | *** |
WHEREAS, Boeing and Customer agree to *** the *** of *** on *** with the *** for the *** with ***.
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Agreement as follows:
1. Table of Contents, Articles, Tables, Exhibits, and Letter Agreements:
1.1 Remove and replace, in its entirety, the “Table of Contents”, with the “Table of Contents” attached hereto, to reflect the changes made by this Supplemental Agreement No. 05.
1.2 Remove and replace, in its entirety, “Table 1” with the “Table 1” attached hereto to reflect the above revisions.
| P.A. 03784 UAL |
SA 5-1 |
Supplemental Agreement No. 05 to
Purchase Agreement PA-03784
1.3 Incorporate Letter Agreement No. UAL-PA-03784-LA-1400240, entitled “Aircraft Rescheduling of ***” attached hereto to reflect the terms associated with the rescheduling of this Aircraft.
The Agreement will be deemed to be supplemented to the extent herein provided as of the date hereof and as so supplemented will continue in full force and effect.
EXECUTED IN DUPLICATE as of the day and year first written above.
| THE BOEING COMPANY | UNITED AIRLINES, INC. | |||
| /s/ *** | /s/ Xxxxxx Xxxxxxxx | |||
| Signature | Signature | |||
| Attorney-in-Fact | Senior Vice President Finance, Procurement and Treasurer | |||
| Title | Title | |||
| P.A. 03784 UAL |
SA 5-2 |
TABLE OF CONTENTS
| SA Number | ||||||
| ARTICLES |
||||||
| Article 1. |
Quantity, Model and Description | |||||
| Article 2. |
Delivery Schedule | |||||
| Article 3. |
Price | |||||
| Article 4. |
Payment | |||||
| Article 5. |
Additional Terms | |||||
| TABLE |
||||||
| 1. |
Aircraft Information Table | 05 | ||||
| EXHIBIT |
||||||
| A. |
Aircraft Configuration | |||||
| B. |
Aircraft Delivery Requirements and Responsibilities | |||||
| SUPPLEMENTAL EXHIBITS |
||||||
| AE1. |
Escalation Adjustment/Airframe and Optional Features | |||||
| BFE1. |
BFE Variables | |||||
| CS1. |
Customer Support Variables | |||||
| EE1. |
Engine Escalation, Engine Warranty *** | |||||
| SLP1. |
Service Life Policy Components | |||||
| UAL-PA-03784 | SA-5 Page 1 |
BOEING / UNITED AIR LINES, INC. PROPRIETARY
| LETTER AGREEMENTS |
TITLE |
SA Number |
||||
| UAL-PA-03784-LA-1207868 |
Performance Guarantees | |||||
| UAL-PA-03784-LA-1207870 |
Spare Parts Initial Provisioning | |||||
| UAL-PA-03784-LA-1207871 |
Special Matters | |||||
| UAL-PA-03784-LA-1207878 |
Demonstration Flight Waiver | |||||
| UAL-PA-03784-LA-1207879R2 |
Option Aircraft | 04 | ||||
| Attachment A | 04 | |||||
| UAL-PA-03784-LA-1207881 |
Seller Purchased Equipment | |||||
| UAL-PA-03784-LA-1208155R1 |
*** Matters | 04 | ||||
| UAL-PA-03784-LA-1208156 |
*** | |||||
| UAL-PA-03784-LA-1208172 |
*** | |||||
| UAL-PA-03784-LA-1208173 |
*** | |||||
| UAL-PA-03784-LA-1207869 |
737 Production Adjustments | |||||
| UAL-PA-03784-LA-1208938 |
Privileged and Confidential Matters | |||||
| UAL-PA-03784-LA-1209039 |
Aircraft Model Substitution | |||||
| UAL-PA-03784-LA-1209115 |
*** | |||||
| UAL-PA-03784-LA-1300306 |
Aircraft Reschedule *** | 02 | ||||
| UAL-PA-03784-LA-1400240 |
Aircraft Rescheduling of *** | 05 | ||||
| UAL-PA-03784 | SA-5 Page 2 |
BOEING / UNITED AIR LINES, INC. PROPRIETARY
| SUPPLEMENTAL AGREEMENTS | ||
| DATED AS OF |
||
| Supplemental Agreement No. 01 |
September 27, 2012 | |
| Supplemental Agreement No. 02 |
March 1, 2013 | |
| Supplemental Agreement No. 03 |
June 27, 2013 | |
| Supplemental Agreement No. 04 |
September 11, 2013 | |
| Supplemental Agreement Xx. 00 |
Xxxxx 0, 0000 | |
| XXX-XX-00000 | XX-0 Page 3 |
BOEING / UNITED AIR LINES, INC. PROPRIETARY
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
| Airframe Model/MTOW: |
737-900ER | *** pounds | Detail Specification: | *** | ||||||||||||
| Engine Model/Thrust: |
CFM56-7B*** | ***pounds | Airframe Price Base Year/Escalation Formula: | *** | *** | |||||||||||
| Airframe Price: |
$ | *** | Engine Price Base Year/Escalation Formula: | *** | *** | |||||||||||
| Optional Features: |
$ | *** | ||||||||||||||
|
|
|
|||||||||||||||
| Sub-Total of Airframe and Features: |
$ | *** | Airframe Escalation Data: | |||||||||||||
| Engine Price (Per Aircraft): |
$ | *** | Base Year Index (ECI): | *** | ||||||||||||
| Aircraft Basic Price (Excluding BFE/SPE): |
$ | *** | Base Year Index (CPI): | *** | ||||||||||||
|
|
|
|||||||||||||||
| Buyer Furnished Equipment (BFE) Estimate: |
$ | *** | ||||||||||||||
| Seller Purchased Equipment (SPE) Estimate: |
$ | *** | ||||||||||||||
| Deposit per Aircraft: |
$ | *** |
| Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Serial | Escalation | Adv Payment Base | *** | *** | *** | *** | |||||||||||||||||||||||||||
| Date |
Aircraft | (Airframe) | Number | Forecast | Price Per A/P | *** | *** | *** | *** | |||||||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| Boeing / United Air Lines, Inc. Proprietary | SA-4, Page 1 |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
| Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Serial | Escalation | Adv Payment Base | *** | *** | *** | *** | |||||||||||||||||||||||||||
| Date |
Aircraft | (Airframe) | Number | Forecast | Price Per A/P | *** | *** | *** | *** | |||||||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| Boeing / United Air Lines, Inc. Proprietary | SA-4, Page 2 |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
| Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Serial | Escalation | Adv Payment Base | *** | *** | *** | *** | |||||||||||||||||||||||||||
| Date |
Aircraft | (Airframe) | Number | Forecast | Price Per A/P | *** | *** | *** | *** | |||||||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| Boeing / United Air Lines, Inc. Proprietary | SA-4, Page 3 |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
| Escalation | Escalation Estimate | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||||||||||||||
| Delivery | Number of | Factor | Serial | Escalation | Adv Payment Base | *** | *** | *** | *** | |||||||||||||||||||||||||||
| Date |
Aircraft | (Airframe) | Number | Forecast | Price Per A/P | *** | *** | *** | *** | |||||||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| *** |
*** | *** | *** | *** | $ | *** | $ | *** | $ | *** | $ | *** | $ | *** | ||||||||||||||||||||||
| Total: |
64 | |||||||||||||||||||||||||||||||||||
| * | *** Escalation Factors *** |
| ** | *** Escalation Factors *** |
| *** | *** Escalation Factor *** |
| **** | *** Escalation Factor *** |
| Boeing / United Air Lines, Inc. Proprietary | SA-4, Page 4 |
|
The Boeing Company X.X. Xxx 0000 Xxxxxxx, XX 00000-0000 |
UAL-PA-03784-LA-1400240
000 X. Xxxxxx Xxxxx
Xxxxxxx, XX 00000
| Subject: | Aircraft Rescheduling of *** | |
| Reference: | 1) Purchase Agreement No. PA-03784 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating to Model 737-900ER aircraft (Aircraft) | |
| 2) Letter Agreement UAL-PA-03784-LA-1208156 entitled “***” between Boeing and Customer | ||
| 3) Letter Agreement UAL-PA-03784-LA-1208155R1 entitled “***” between Boeing and Customer | ||
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.
1. Revised Delivery Schedule
Boeing and Customer agree to reschedule the contract delivery month of the following Aircraft (the Rescheduled Aircraft):
| Original Delivery Month |
New Delivery Month |
Serial Number | ||
| *** |
*** | *** |
2. ***.
In consideration of Customer’s agreement to reschedule the Rescheduled Aircraft, and to *** the *** of *** on *** will *** a *** in the *** below at *** of the ***:
| MSN |
*** | |
| *** |
$*** |
3. Confidentiality.
Customer and Boeing understand that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-03784-LA-1208938.
| UAL-PA-03784-LA-1400240 Aircraft Rescheduling of *** |
SA-5 Page 1 |
BOEING / UNITED AIR LINES, INC. PROPRIETARY
4. Assignment.
Notwithstanding any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or, in part.
If the foregoing correctly sets forth your understanding of our agreement with respect to the matters treated above, please indicate your acceptance and approval below.
Very truly yours,
| THE BOEING COMPANY | ||
| By | /s/ *** | |
| Its | Attorney-in-Fact | |
| ACCEPTED AND AGREED TO this | ||
| Date: | March 3, 2014 | |
| United Airlines, Inc. | ||
| By | /s/ Xxxxxx Xxxxxxxx | |
| Its | Senior Vice President Finance, Procurement and Treasurer | |
| UAL-PA-03784-LA-1400240 Aircraft Rescheduling of *** |
SA-5 Page 2 |
BOEING / UNITED AIR LINES, INC. PROPRIETARY
