CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS. SUPPLEMENTAL AGREEMENT NO. 7 to...
Exhibit 10.3
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.
SUPPLEMENTAL AGREEMENT NO. 7 to
PURCHASE AGREEMENT NUMBER 04761
between
THE BOEING COMPANY
and
relating to
BOEING MODEL 737 MAX AIRCRAFT
THIS SUPPLEMENTAL AGREEMENT No. 7 (SA-7) is entered into as of August 12, 2021 by and between The Boeing Company, a Delaware corporation, (Boeing) and United Airlines, Inc., a Delaware corporation, (Customer);
WHEREAS, Customer and Boeing entered into Purchase Agreement No. 04761 dated as of the 15th day of May of 2018 as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Model 737 MAX aircraft. This Supplemental Agreement is an amendment to the Purchase Agreement; and
WHEREAS, solely to conform and further amend the Purchase Agreement to reflect Customer and Boeing’s agreement regarding the following matters without duplication of any consideration being provided to Customer to:
(i)Revise the Table 1 for *** 737-*** Aircraft to update the *** applicable to the *** 737-*** Aircraft;
(ii)Add *** factors for the 737-***;
(iii)Substitute *** 737-*** Aircraft into *** 737-*** aircraft (***) including
(a)add a new Table 1 for the *** 737-*** Aircraft;
(b)revise Table 2 to delete *** 737-*** Aircraft; and
(c)revise certain *** considerations to incorporate the *** 737-*** Aircraft.
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
UAL-PA-04761 SA-7, Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY
1.Table of Contents.
The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-7”).
2.Tables.
2.1.The Table 1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached similarly titled Table 1 (identified by “SA-7”) to correct the *** features amount specified in such Table 1.
2.2.The Table 1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” (identified by “SA-7”) is added to the Purchase Agreement to incorporate the *** 737-*** Aircraft which were *** from *** 737-*** Aircraft.
2.3.Table 2 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached Table 2 (identified by “SA-7”) to *** 737-*** Aircraft which have been *** into *** 737-*** Aircraft.
2.4.Exhibit A entitled “737-8 Aircraft Configuration” is deleted in its entirety and replaced with the attached similarly titled Exhibit A (identified by “SA-7”) to update the *** applicable to 737-*** Aircraft *** of Customer’s original *** 737-*** Aircraft order.
3.Letter Agreements.
3.1.Letter Agreement No. UAL-PA-04761-LA-1801474 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-1801474R1 titled “*** for the 737-10 Aircraft” (identified by “SA7”) to *** the applicable *** factors for ***.
3.2.Letter Agreement No. UAL-PA-04761-LA-2100096 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-2100096R1 titled “Certain Special Matters for the 737-*** Aircraft and for the *** 737-*** Aircraft” (identified by “SA-7”) to incorporate the *** 737-*** Aircraft.
The Purchase Agreement will be deemed supplemented to the extent provided herein as of the date hereof and as so supplemented will continue in full force and effect.
The rest of the page is intentionally blank. Signature page follows.
UAL-PA-04761 XX-0, Xxxx 0
XXXXXX / XXXXXX XXXXXXXX, INC. PROPRIETARY
EXECUTED IN DUPLICATE as of the day and year first written above.
THE BOEING COMPANY | UNITED AIRLINES, INC. | |||||||
/s/ Xxxx X. Xxxxxxx | /s/ Xxx Xxxxxxxx | |||||||
Signature | Signature | |||||||
Xxxx X. Xxxxxxx | Xxx Xxxxxxxx | |||||||
Printed Name | Printed Name | |||||||
Attorney-in-Fact | Vice President - Procurement | |||||||
Title | Title |
UAL-PA-04761 SA-7, Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY
TABLE OF CONTENTS
ARTICLES | SA NUMBER | ||||||||||
Article 1. | Quantity, Model and Description | ||||||||||
Article 2. | Delivery Schedule | ||||||||||
Article 3. | Price | ||||||||||
Article 4. | Payment | ||||||||||
Article 5. | Additional Terms | ||||||||||
TABLE | |||||||||||
1. | 737-*** Aircraft Delivery, Description, Price and *** | SA-6 | |||||||||
1. | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-7 | |||||||||
1 | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-7 | |||||||||
1. | 737-*** Aircraft Delivery, Description, Price and *** | SA-5 | |||||||||
1. | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-5 | |||||||||
1. | 737-*** Aircraft Delivery, Description, Price and *** | SA-5 | |||||||||
1. | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-6 | |||||||||
1. | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-6 | |||||||||
2. | 737-*** Aircraft Delivery, Description, Price and *** | XX-0 | |||||||||
XXX-XX-00000 Table of Contents, Page 1 of 5 SA-6
BOEING / UNITED AIRLINES, INC. PROPRIETARY
TABLE OF CONTENTS, CONTINUED | |||||||||||
EXHIBITS | SA NUMBER | ||||||||||
A | 737-8 Aircraft Configuration | SA-7 | |||||||||
A | 737-9 Aircraft Configuration | SA-1 | |||||||||
A | 737-10 *** Aircraft Configuration | SA-5 | |||||||||
A | 737-10 Aircraft Configuration | SA-6 | |||||||||
B. | Aircraft Delivery Requirements and Responsibilities |
SUPPLEMENTAL EXHIBITS | SA NUMBER | |||||||
AE1. | ***/Airframe and *** Features for the 737MAX Aircraft | |||||||
BFE1. | BFE Variables 737-8 Aircraft | SA-2 | ||||||
BFE1. | BFE Variables 737-9 Aircraft | SA-1 | ||||||
BFE1. | XXX Xxxxxxxxx 000-00 Xxxxxxxx | XX-0 | ||||||
XX0. | Engine Warranty and *** | |||||||
SLP1. | Service Life Policy Components | |||||||
LETTER AGREEMENTS | SA NUMBER | |||||||
UAL-PA-04761-LA-1801463R3 | *** Matters | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | Demonstration Flight Waiver | |||||||
UAL-PA-04761-LA-1801465R2 | Open Matters 737-9 and 000-00 Xxxxxxxx | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | Seller Purchased Equipment | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | Special Matters – 000 XXX Xxxxxxxx | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | *** | |||||||
UAL-PA-04761-LA-1801469R2 | *** | XX-0 |
XXX-XX-00000 Table of Contents, Page 2 of 5 SA-7
BOEING / UNITED AIRLINES, INC. PROPRIETARY
TABLE OF CONTENTS, CONTINUED | ||||||||
LETTER AGREEMENTS | SA NUMBER | |||||||
UAL-PA-04761-LA-1801470 | Privileged and Confidential Matters | |||||||
UAL-PA-04761-LA-1801471 | XXXX Xxxxxxx | |||||||
XXX-XX-00000-XX-0000000 | Assignment Matters | |||||||
UAL-PA-04761-LA-1801473 | 737-10 Aircraft *** | |||||||
UAL-PA-04761-LA-1801474R1 | *** for the 000-00 Xxxxxxxx | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | Loading of Customer Software | |||||||
UAL-PA-04761-LA-1801476 | Installation of Cabin Systems Equipment | |||||||
UAL-PA-04761-LA-1801477 | Special Customer Support Matters | |||||||
UAL-PA-04761-LA-1801478R1 | Delivery *** Matters | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | *** Aircraft – 737-*** | SA-6 | ||||||
UAL-PA-04761-LA-1807420R1 | 737-*** and 737-*** Aircraft Model *** | SA-6 | ||||||
UAL-PA-04761-LA-1807490R1 | 737-*** Aircraft and 737-*** Aircraft *** | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | 737-8 *** | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | Xxxxxxx Special Matters | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | *** Matters for the 737-8 *** Aircraft | SA-5 | ||||||
UAL-PA-04761-LA-2100096R1 | Certain Special Matters for the 737-*** Aircraft and for the *** 000-*** Xxxxxxxx | XX-0 | ||||||
XXX-XX-00000-XX-0000000 | Open Matters Relating to *** Model 000-0 Xxxxxxxx | XX-0 | ||||||
XXX-XX-00000-XX-0000000X0 | Special Matters Relating to *** 737-9 Aircraft | SA-6 | ||||||
TABLE OF CONTENTS, CONTINUED | ||||||||
LETTER AGREEMENTS | SA NUMBER | |||||||
UAL-PA-04761-LA-2103100 | Airline Operational Efficacy Matters | SA-6 | ||||||
UAL-PA-04761-LA-2103236 | *** | XX-0 |
XXX-XX-00000 Table of Contents, Page 3 of 5 SA-7
BOEING / UNITED AIRLINES, INC. PROPRIETARY
SUPPLEMENTAL AGREEMENTS | DATED AS OF | ||||
Supplemental Agreement No. 1 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . September 25, 2018 | ||||
Supplemental Agreement No. 2 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . December 12, 2018 | ||||
Supplemental Agreement No. 3 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . March 20, 2020 | ||||
Supplemental Agreement No. 4 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . June 30, 2020 | ||||
Supplemental Agreement No. 5 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . February 26, 2021 | ||||
Supplemental Agreement No. 6 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . June 27, 2021 | ||||
Supplemental Agreement No. 7 . . . . . . . . . . . . . | . . . . . . . . . . . . . . . . August 12, 2021 | ||||
UAL-PA-04761 Table of Contents, Page 4 of 5 SA-7
BOEING / UNITED AIRLINES, INC. PROPRIETARY
Table 1 to Purchase Agreement No. 04761
*** 737-*** Aircraft Delivery, Description, Price and ***
Airframe Model/MTOW: | 737-*** | *** pounds | ^ | Detail Specification: | *** | 4Q11 External Fcst~4Q11 External Fcst - Engines | |||||||||||||||||||||||||||||
Engine Model/Thrust: | *** | *** pounds | + | Airframe Price Base Year/*** Formula: | *** | *** | |||||||||||||||||||||||||||||
Airframe Price: | *** | Engine Price Base Year/*** Formula: | *** | *** | |||||||||||||||||||||||||||||||
*** Features: | *** | ||||||||||||||||||||||||||||||||||
Sub-Total of Airframe and Features: | *** | Airframe *** 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: | *** | ||||||||||||||||||||||||||||||||||
# of Aircraft | ***Delivery Month | *** | Manufacturer Serial Number | ***Forecast | Actual or Nominal Delivery **** | *** Estimate | *** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||||||||||||||||||
Number of | Factor | *** Base | *** | *** | *** | *** | |||||||||||||||||||||||||||||
Aircraft | (Airframe) | Price Per A/P | *** | *** | *** | *** | |||||||||||||||||||||||||||||
*** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||
Total: | *** | ||||||||||||||||||||||||||||||||||
* Nominal delivery *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-10 Aircraft", as may be subsequently amended. | |||||||||||||||||||||||||||||||||||
Note: Serial Numbers above, if any are included, are provided as guidance only and are subject to change until delivery. | |||||||||||||||||||||||||||||||||||
^ - *** | |||||||||||||||||||||||||||||||||||
+ - *** | |||||||||||||||||||||||||||||||||||
*** | |||||||||||||||||||||||||||||||||||
UAL-PA-04761 APR: 117225.TXT Boeing / United Airlines, Inc. Proprietary *** 737-*** Aircraft
Table 1, SA-7, Page 1
Table 1 to Purchase Agreement No. 04761
*** 737-*** Aircraft Delivery, Description, Price and ***
Airframe Model/MTOW: | 737-*** | *** pounds | ^ | Detail Specification: | *** | 4Q11 External Fcst~4Q11 External Fcst - Engines | |||||||||||||||||||||||||||||
Engine Model/Thrust: | *** | *** pounds | + | Airframe Price Base Year/*** Formula: | *** | *** | |||||||||||||||||||||||||||||
Airframe Price: | *** | Engine Price Base Year/*** Formula: | *** | *** | |||||||||||||||||||||||||||||||
*** Features: | *** | ||||||||||||||||||||||||||||||||||
Sub-Total of Airframe and Features: | *** | Airframe *** 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: | *** | ||||||||||||||||||||||||||||||||||
# of Aircraft | ***Delivery Month | *** | Manufacturer Serial Number | ***Forecast | Actual or Nominal Delivery **** | *** Estimate | *** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||||||||||||||||||
Number of | Factor | *** Base | *** | *** | *** | *** | |||||||||||||||||||||||||||||
Aircraft | (Airframe) | Price Per A/P | *** | *** | *** | *** | |||||||||||||||||||||||||||||
*** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||
Total: | *** | ||||||||||||||||||||||||||||||||||
* Nominal delivery *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-10 Aircraft", as may be subsequently amended. | |||||||||||||||||||||||||||||||||||
Note: Serial Numbers above, if any are included, are provided as guidance only and are subject to change until delivery. | |||||||||||||||||||||||||||||||||||
^ - *** | |||||||||||||||||||||||||||||||||||
+ - *** | |||||||||||||||||||||||||||||||||||
UAL-PA-04761 APR: 117225.TXT Boeing / United Airlines, Inc. Proprietary *** 737-*** Aircraft
Table 1, SA-7, Page 2
Table 2 to Purchase Agreement No. 04761
737-*** Aircraft Delivery, Description, Price and ***
Airframe Model/MTOW: | 737-*** | *** pounds | ^ | Detail Specification: | *** | ||||||||||||||||||||||||
Engine Model/Thrust: | *** | *** pounds | + | Airframe Price Base Year/*** Formula: | *** | *** | |||||||||||||||||||||||
Airframe Price: | *** | Engine Price Base Year/*** Formula: | *** | *** | |||||||||||||||||||||||||
*** Features: *** | *** | ||||||||||||||||||||||||||||
Sub-Total of Airframe and Features: | *** | Airframe *** 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: | *** | ||||||||||||||||||||||||||||
Non-Refundable Deposit per Aircraft: | *** | ||||||||||||||||||||||||||||
^ - *** | |||||||||||||||||||||||||||||
+ - *** | |||||||||||||||||||||||||||||
Applicability pursuant to § 2.2 of Letter Agreement UAL-PA-04761-LA-2100136 entitled "Open Matters Relating to *** Model 737-*** Aircraft". | |||||||||||||||||||||||||||||
*** | *** Forecast | *** Estimate | *** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||||||||||||||||
Delivery | Number of | Factor | *** Base | *** | *** | *** | *** | ||||||||||||||||||||||
Date | Aircraft | (Airframe) | Price Per A/P | *** | *** | *** | *** | ||||||||||||||||||||||
*** | *** | *** | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||
*** | |||||||||||||||||||||||||||||
PA-04761 APR 117225 Boeing/United Airlines, Inc. Proprietary SA-7, Table 2: 737-*** Aircraft
Page 1
AIRCRAFT CONFIGURATION
between
THE BOEING COMPANY
and
United Airlines, Inc.
Exhibit A to Purchase Agreement Number 04761
for 737-8 Aircraft
for 737-8 Aircraft
UAL-PA-04761-EXA SA-7
737-8 Aircraft Page 1
BOEING/UNITED AIRLINES, INC. PROPRIETARY
Exhibit A
AIRCRAFT CONFIGURATION
relating to
BOEING MODEL 737-8 AIRCRAFT
The Detail Specification is Boeing document number *** As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect such ***.
UAL-PA-04761-EXA SA-7
737-8 Aircraft Page 2
BOEING/UNITED AIRLINES, INC. PROPRIETARY
*** Number | *** Feature Description | *** 737-8 Aircraft Price / 737-8 Aircraft in *** $ | *** 737-8 Aircraft Price/737-8 Aircraft in *** $ | ||||||||
*** | *** | *** | *** | ||||||||
GRAND TOTAL: | *** | *** |
UAL-PA-04761-EXA SA-7
737-8 Aircraft Page 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY
The Boeing Company X.X. Xxx 0000 Xxxxxxx, XX 00000-0000 |
UAL-PA-04761-LA-2100096R1
United Airlines, Inc.
000 Xxxxx Xxxxxx Xxxxx
Xxxxxxx, Xxxxxxxx 00000
Subject: Certain Special Matters for the 737-*** Aircraft (*** Aircraft) and for the *** 737-*** Aircraft (*** 737-*** Aircraft)
Reference: Purchase Agreement No. 04761 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft)
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. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-LA-2100096.
1.***
At the time of delivery of each *** Aircraft and each *** 737-*** Aircraft, unless otherwise noted, Boeing ***:
***
3.*** of One (1) Letter Agreement to *** Aircraft.
The terms of Letter Agreement UAL-PA-04761-LA-1807420R1 entitled 737-*** and 737-*** Aircraft Model *** shall *** to each *** Aircraft.
4.Assignment.
Unless otherwise noted herein, the *** described in this Letter Agreement are provided as a *** to Customer and in consideration of Customer’s taking title to the Aircraft at time of delivery and becoming the operator of the Aircraft. Except as provided in Letter Agreement No. UAL-PA-04761-LA-1801472, this Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing. ***.
UAL-PA-04761-LA-2100096R1 SA-7
Special Matters *** Aircraft
& *** 737-*** Aircraft Page 1
BOEING / UNITED AIRLINES PROPRIETARY
5.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-04761-LA-1801470.
Very truly yours,
THE BOEING COMPANY | |||||
By: | /s/ Xxxx X. Xxxxxxx | ||||
Its: | Attorney-in-Fact | ||||
UAL-PA-04761-LA-2100096R1 SA-7
Special Matters *** Aircraft
& *** 737-*** Aircraft Page 2
BOEING / UNITED AIRLINES PROPRIETARY
ACCEPTED AND AGREED TO this | ||||||||
Date: | August 12, 2021 | |||||||
UNITED AIRLINES, INC. | ||||||||
By: | /s/ Xxx Xxxxxxxx | |||||||
Its: | Vice President - Procurement |
UAL-PA-04761-LA-2100096R1 SA-7
Special Matters *** Aircraft
& *** 737-*** Aircraft Page 3
BOEING / UNITED AIRLINES PROPRIETARY
The Boeing Company X.X. Xxx 0000 Xxxxxxx, XX 00000-0000 |
UAL-PA-04761-LA-1801474R1
United Airlines, Inc.
000 Xxxxx Xxxxxx Xxxxx
Xxxxxxx, Xxxxxxxx 00000
Subject: *** for the 737-10 Aircraft
Reference: Purchase Agreement No. 04761 (Purchase Agreement) between The Boeing Company (Boeing) and United Continental Holdings, Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft)
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. For the purposes of this Letter Agreement, the term 737-10 Aircraft shall also include any 737-10 aircraft added to the Purchase Agreement subsequent to the date of this Letter Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1801474.
1.Definitions.
737-10 *** Notice means the written communication provided by Boeing to Customer in accordance with the requirements of Article 4.1, below.
737-10 Program Aircraft means each 737-10 Aircraft specified in the Purchase Agreement.
2.Applicability.
Notwithstanding any other provision of the Purchase Agreement to the contrary, the parties agree that the *** for the Airframe Price and *** Features Prices for each 737-10 Program Aircraft shall be determined in accordance with this Letter Agreement.
3.*** Forecast.
Boeing will release an *** forecast in *** of each year based on Boeing’s then current standard ***. Only one *** forecast shall be used to conduct the *** analysis performed in accordance with Article 4.1, below, for a given 737-10 Program Aircraft. The *** forecast applicable to a given 737-10 Program Aircraft is set forth in Attachment A.
4.***
In the event that Boeing *** either the 737-10 *** Notice as detailed in Article 4.1.2 or Article 4.1.3 and Customer ***, then Customer *** the Purchase Agreement with respect to such affected 737-10 Program Aircraft.
UAL-PA-04761-LA-1801474R1
*** Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY
4.2If Boeing provides Customer the *** described in Article 4.1.2 or Article 4.1.3 above, then Customer shall notify Boeing *** contained in Articles 4.1.2, 4.1.3, or 4.1.4 above within *** days of its receipt of the 737-10 *** Notice from Boeing. In the event Customer *** in accordance with Article 4.1.4 above, then Boeing *** to Customer, *** for the *** 737-10 Program Aircraft.
4.2.1Within *** days of Boeing’s receipt of *** notice for any such *** 737-10 Program Aircraft under Article 4.2 above, Boeing *** by written notice to Customer to *** related to such terminated 737- 10 Program Aircraft ***, by Customer.
4.2.2Should Customer *** any notice to Boeing in accordance with Article 4.2 above, then the *** for such 737-10 Program Aircraft shall be *** in accordance with Article 4.1.2.
4.3In the event that the *** of a 737-10 Program Aircraft that is subject to either Article 4.1.1, Article 4.1.2 or Article 4.1.3 above, *** applicable to such 737-10 Program Aircraft will be determined pursuant to Article 5 below.
7.***
***, identified in the Purchase Agreement as subject to *** pursuant to Supplemental Exhibit AE2, and which pertains to the 737-10 Program Aircraft shall be ***.
8.Assignment.
Except as provided in Letter Agreement No. UAL-PA-04761-LA-1801472, 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.
9.Confidential Treatment.
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-04761-LA- 1801470.
Very truly yours,
THE BOEING COMPANY | |||||
By: | /s/ Xxxx X. Xxxxxxx | ||||
Its: | Attorney-in-Fact | ||||
UAL-PA-04761-LA-1801474R1
*** Page 2
BOEING/UNITED AIRLINES, INC. PROPRIETARY
ACCEPTED AND AGREED TO this | ||||||||
Date: | August 12, 2021 | |||||||
UNITED AIRLINES, INC. | ||||||||
By: | /s/ Xxx Xxxxxxxx | |||||||
Its: | Vice President - Procurement |
UAL-PA-04761-LA-1801474R1
*** Page 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY
ATTACHMENT A
*** Forecast & 737-10 *** Notice Date
*** Forecast | Applicable to 737-10 Program Aircraft Delivering in Time Period | 737-10 *** Notice Date | ||||||
*** | *** | *** |
Attachment A to UAL-PA-04761-LA-1801474R1
*** Att. A, Page 1 of 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY
ATTACHMENT B
***
*** | *** | *** | *** |
Attachment B to UAL-PA-04761-LA-1801474R1
*** Att. B, Page 1 of 5
BOEING / UNITED AIRLINES, INC. PROPRIETARY