CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT RYANAIR HOLDINGS PLC TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED TERMS IN THIS EXHIBIT ARE DESIGNATED BY “[*]”. PURCHASE AGREEMENT...
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT
BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT RYANAIR HOLDINGS PLC
TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED TERMS IN THIS EXHIBIT ARE
DESIGNATED BY “[*]”.
PURCHASE AGREEMENT NUMBER PA-05317
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
Relating to
BOEING MODEL 737-10 AIRCRAFT
| PA Page 1 |
BOEING PROPRIETARY |
TABLE OF CONTENTS
ARTICLES | |
Article 1. | [*] |
Article 2. | [*] |
Article 3. | [*] |
Article 4. | [*] |
Article 5. | [*] |
TABLE | |
1. | [*] |
EXHIBIT | |
A. | [*] |
B. | [*] |
SUPPLEMENTAL EXHIBITS | |
AE1. | Escalation Adjustment/Airframe and Optional Features. |
BFE1. | BFE Variables |
CS1. | Customer Support Variables |
EE1. | Engine Escalation, Engine Warranty and Patent Indemnity |
SLP1. | Service Life Policy Components |
XLR-PA-05317 | PA Page 2 |
BOEING PROPRIETARY |
LETTER AGREEMENTS
LA-2301194 | Seller Purchased Equipment |
LA-2301195 | Spare Parts Initial Provisioning |
RESTRICTED LETTER AGREEMENTS
LA-2301196 | [*] |
LA-2301197 | [*] |
LA-2301198 | [*] |
LA-2301199 | [*] |
LA-2301200 | [*] |
LA-2301201 | [*] |
LA-2301202 | AGTA Terms Updates |
LA-2301203 | [*] |
LA-2301204 | [*] |
LA-2301205 | Open Configuration Matters |
LA-2301206 | [*] |
SU-2301207 | [*] |
LA-2301208 | Loading of Customer Software |
LA-2301209 | [*] |
LA-2301210 | Shareholder Approval |
XLR-PA-05317 | PA Page 3 |
BOEING PROPRIETARY |
PURCHASE AGREEMENT NO. PA-05317
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
[*]
1.[*]
[*]
2.[*]
[*]
3.[*]
3.1[*]
3.2[*]
4.[*]
4.1[*]
4.2[*]
XLR-PA-05317 | PA Page 4 |
BOEING PROPRIETARY |
4.3[*]
4.4[*]
5.[*]
5.1[*]
5.2[*]
5.3[*]
5.4[*]
5.5[*]
5.6[*]
5.7[*]
XLR-PA-05317 | PA Page 5 |
BOEING PROPRIETARY |
5.8[*]
AGREED AND ACCEPTED this | | |
| | |
9 May 2023 | | |
Date | | |
| | |
THE BOEING COMPANY | | |
| | |
/s/ Xxxxx X. Xxxxxx | | |
Signature | | |
| | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
| | |
Attorney-in-Fact | | |
Title | | |
AVIATION FINANCE AND LEASING LIMITED | | AVIATION FINANCE AND LEASING LIMITED |
| | |
/s/ Xxxx Xxxxxxx | | /s/ Xxxxxxx Xxxxxxx |
Signature | | Signature |
| | |
Xxxx Xxxxxxx | | Xxxxxxx Xxxxxxx |
Printed name | | Printed name |
| | |
Director | | Director |
Title | | Title |
XLR-PA-05317 | PA Page 6 |
BOEING PROPRIETARY |
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XLR-PA-05317 121005-1F.txt | Page 1 |
BOEING PROPRIETARY |
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XLR-PA-05317 121005-1F.txt | Page 2 |
BOEING PROPRIETARY |
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XLR-PA-05317 121005-1F.txt | Page 3 |
BOEING PROPRIETARY |
AIRCRAFT CONFIGURATION
BETWEEN
THE BOEING COMPANY
AND
Aviation Finance and Leasing Limited
Exhibit A to Purchase Agreement Number PA- 05317
XLR-PA-05317-EXA | EXA Page 1 |
BOEING PROPRIETARY |
EXHIBIT A
AIRCRAFT CONFIGURATION
DATED
relating to
BOEING MODEL 737-10 AIRCRAFT
[*]
XLR-PA-05317-EXA | EXA Page 2 |
BOEING PROPRIETARY |
AIRCRAFT DELIVERY REQUIREMENTS AND
RESPONSIBILITIES
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
EXHIBIT B to PURCHASE AGREEMENT
NUMBER PA-05317
XLR-PA-05317-EXB | EXB Page 1 |
BOEING PROPRIETARY |
EXHIBIT B
AIRCRAFT DELIVERY REQUIREMENTS AND RESPONSIBILITIES
relating to
BOEING MODEL 737-10 AIRCRAFT
[*]
1.[*]
[*]
1.1[*]
[*]
1.2[*]
1.2.1[*]
1.2.2[*]
1.3[*]
1.3.1[*]
XLR-PA-05317-EXB | EXB Page 2 |
BOEING PROPRIETARY |
1.3.2[*]
[*]
1.3.3[*]
2.[*]
[*]
3.[*]
[*]
[*]
XLR-PA-05317-EXB | EXB Page 3 |
BOEING PROPRIETARY |
[*]
4.[*]
4.1[*]
4.2[*]
4.3[*]
4.4[*]
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
4.5[*]
4.6[*]
4.7[*]
5.[*]
5.1[*]
5.2[*]
5.3[*]
XLR-PA-05317-EXB | EXB Page 4 |
BOEING PROPRIETARY |
5.4[*]
5.5[*]
XLR-PA-05317-EXB | EXB Page 5 |
BOEING PROPRIETARY |
ESCALATION ADJUSTMENT
AIRFRAME AND OPTIONAL FEATURES
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
Supplemental Exhibit AE1
to Purchase Agreement Number PA-05317
XLR-PA-05317-AE1 | AE1 Page 1 |
BOEING PROPRIETARY |
ESCALATION ADJUSTMENT
AIRFRAME AND OPTIONAL FEATURES
relating to
BOEING MODEL 737-10 AIRCRAFT
1.Formula.
Airframe and Optional Features price adjustments (Airframe Price Adjustment) are used to allow prices to be stated in current year dollars at the signing of this Purchase Agreement and to adjust the amount to be paid by Customer at delivery for the effects of economic fluctuation. The Airframe Price Adjustment will be determined at the time of Aircraft delivery in accordance with the following formula:
Pa = (P) (L + M) - P
Where:
Pa =Airframe Price Adjustment.(For Model 737-10 the Airframe Price includes the Engine Price at its basic thrust level.)
P =Airframe Price plus the price of the Optional Features (as set forth in Table 1 of this Purchase Agreement).
Where:
ECIb is the base year airframe escalation index (as set forth in Table 1 of this Purchase Agreement);
ECI is a value determined using the U.S. Department of Labor, Bureau of Labor Statistics, Employment Cost Index for NAICS Manufacturing – Total Compensation (BLS Series ID CIU2013000000000I), calculated by establishing a three (3) month arithmetic average value (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and 13th months prior to the month of scheduled delivery of the applicable Aircraft. As the Employment Cost Index values are only released on a quarterly basis, the value released for the first quarter will be used for the months of January, February, and March; the value released for the second quarter will be used for the months of April, May, and June; the value released for the third quarter will be used for the months of July, August, and September; the value released for the fourth quarter will be used for the months of October, November, and December.
Where:
XLR-PA-05317-AE1 | AE1 Page 2 |
BOEING PROPRIETARY |
CPIb is the base year airframe escalation index (as set forth in Table 1 of this Purchase Agreement); and
CPI is a value determined using the U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index – All Urban Consumers (BLS Series ID CUUR0000SA0), calculated as a three (3) month arithmetic average of the released monthly values (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and 13th months prior to the month of scheduled delivery of the applicable Aircraft.
As an example, for an Aircraft scheduled to be delivered in the month of July, the months of June, July, and August of the preceding year will be utilized in determining the value of ECI and CPI.
Note:
(i) | In determining the values of L and M, all calculations and resulting values will be expressed as a decimal rounded to the nearest ten-thousandth. |
(ii) | .65 is the numeric ratio attributed to labor in the Airframe Price Adjustment formula. |
(iii) | .35 is the numeric ratio attributed to materials in the Airframe Price Adjustment formula. |
(iv) | The denominators (base year indices) are the actual average values reported by the U.S. Department of Labor, Bureau of Labor Statistics. The actual average values are calculated as a three (3) month arithmetic average of the released monthly values (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and 13th months prior to the airframe base year. The applicable base year and corresponding denominator is provided by Boeing in Table 1 of this Purchase Agreement. |
(v) | The final value of Pa will be rounded to the nearest dollar. |
(vi) | The Airframe Price Adjustment will not be made if it will result in a decrease in the Aircraft Basic Price. |
XLR-PA-05317-AE1 | AE1 Page 3 |
BOEING PROPRIETARY |
2.Values to be Utilized in the Event of Unavailability.
2.1 If the Bureau of Labor Statistics substantially revises the methodology used for the determination of the values to be used to determine the ECI and CPI values (in contrast to benchmark adjustments or other corrections of previously released values), or for any reason has not released values needed to determine the applicable Airframe Price Adjustment, the parties will, prior to the delivery of any such Aircraft, select a substitute from other Bureau of Labor Statistics data or similar data reported by non-governmental organizations. Such substitute will result in the same adjustment, insofar as possible, as would have been calculated utilizing the original values adjusted for fluctuation during the applicable time period. However, if within twenty-four (24) months after delivery of the Aircraft, the Bureau of Labor Statistics should resume releasing values for the months needed to determine the Airframe Price Adjustment, such values will be used to determine any increase or decrease in the Airframe Price Adjustment for the Aircraft from that determined at the time of delivery of the Aircraft.
2.2 Notwithstanding Article 2.1 above, if prior to the scheduled delivery month of an Aircraft the Bureau of Labor Statistics changes the base year for determination of the ECI and CPI values as defined above, such re-based values will be incorporated in the Airframe Price Adjustment calculation.
2.3 In the event escalation provisions are made non-enforceable or otherwise rendered void by any agency of the United States Government, the parties agree, to the extent they may lawfully do so, to equitably adjust the Aircraft Price of any affected Aircraft to reflect an allowance for increases or decreases consistent with the applicable provisions of paragraph 1 of this Supplemental Exhibit AE1 in labor compensation and material costs occurring since August of the year prior to the price base year shown in the Purchase Agreement.
2.4 If within twelve (12) months of Aircraft delivery, the published index values are revised due to an acknowledged error by the Bureau of Labor Statistics, the Airframe Price Adjustment will be re-calculated using the revised index values (this does not include those values noted as preliminary by the Bureau of Labor Statistics). A credit memorandum or supplemental invoice will be issued for the Airframe Price Adjustment difference. Interest charges will not apply for the period of original invoice to issuance of credit memorandum or supplemental invoice.
Note:
(i) | The values released by the Bureau of Labor Statistics and available to Boeing thirty (30) days prior to the first day of the scheduled delivery month of an Aircraft will be used to determine the ECI and CPI values for the applicable months (including those noted as preliminary by the Bureau of Labor Statistics) to calculate the Airframe Price Adjustment for the Aircraft invoice at the time of delivery. The values will be considered final and no Airframe Price Adjustments will be made after Aircraft delivery for any subsequent changes in published Index values, subject always to paragraph 2.4 above. |
(ii) | The maximum number of digits to the right of the decimal after rounding utilized in any part of the Airframe Price Adjustment equation will be four (4), where rounding of the fourth digit will be increased to the next highest digit when the 5th digit is equal to five (5) or greater. |
XLR-PA-05317-AE1 | AE1 Page 4 |
BOEING PROPRIETARY |
BUYER FURNISHED EQUIPMENT VARIABLES
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
Supplemental Exhibit BFE1
to Purchase Agreement Number PA-05317
XLR-PA-05317-BFE1 | BFE1 Page 1 |
BOEING PROPRIETARY |
BUYER FURNISHED EQUIPMENT VARIABLES
relating to
BOEING MODEL 737-10 AIRCRAFT
This Supplemental Exhibit BFE1 contains supplier selection dates, on-dock dates and other requirements applicable to the Aircraft.
1.Supplier Selection.
Customer will:
Select and notify Boeing of the suppliers and part numbers of the following BFE items by the following dates:
Galley System | [*] |
Galley Inserts | [*] |
Seats (passenger) | [*] |
Overhead & Audio System | [*] |
In-Seat Video System | [*] |
Miscellaneous Emergency Equipment | [*] |
Cargo Handling Systems* (Single Aisle Programs only) | [*] |
*For a new certification, supplier requires notification ten (10) months prior to Cargo Handling System on-dock date.
Customer will enter into initial agreements with the selected Galley System, Galley Inserts, Seats, and In-Seat Video System suppliers on or before [*] after the above supplier selection dates to actively participate with Customer and Boeing in coordination actions including the Initial Technical Coordination Meeting (ITCM).
2.On-dock Dates and Other Information.
On or before [*], Boeing will provide to Customer the BFE Requirements electronically through My Boeing Fleet (MBF) in My Boeing Configuration (MBC). These requirements may be periodically revised, setting forth the items, quantities, on-dock dates and shipping instructions and other requirements relating to the in-sequence installation of BFE. For planning purposes, preliminary BFE on-dock dates are set forth below:
XLR-PA-05317-BFE1 | BFE1 Page 2 |
BOEING PROPRIETARY |
Nominal | Aircraft | Seats | Galley / | Antennas & | Avionics | Cabin | Misc. | Textiles / | Cargo | Provision |
[*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] |
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XLR-PA-05317-BFE1 | BFE1 Page 3 |
BOEING PROPRIETARY |
Nominal | Aircraft | Seats | Galley / | Antennas & | Avionics | Cabin | Misc. | Textiles / | Cargo | Provision |
[*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] |
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[*] | [*] | | | | | | | | | |
XLR-PA-05317-BFE1 | BFE1 Page 4 |
BOEING PROPRIETARY |
3.Additional Delivery Requirements - Import.
Customer will be the “importer of record” (as defined by the U.S. Customs and Border Protection) for all BFE imported into the United States, and as such, it has the responsibility to ensure all of Customer’s BFE shipments comply with U.S. Customs Service regulations. In the event Customer requests Boeing, in writing, to act as importer of record for Customer’s BFE, and Boeing agrees to such request, Customer is responsible for ensuring Boeing can comply with all U.S. Customs Import Regulations by making certain that, at the time of shipment, all BFE shipments comply with the requirements in the “International Shipment Routing Instructions”, including the Customs Trade Partnership Against Terrorism (C-TPAT), as set out on the Boeing website referenced below. Customer agrees to include the International Shipment Routing Instructions, including C-TPAT requirements, in each contract between Customer and BFE supplier.
xxxx://xxx.xxxxxx.xxx/xxxxxxxxxxxxxx/xxxxxxxx/xxxxxxxx_xxxxxx/xxxxx_xxxxxxx.xxxx
XLR-PA-05317-BFE1 | BFE1 Page 5 |
BOEING PROPRIETARY |
CUSTOMER SUPPORT VARIABLES
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
Supplemental Exhibit CS1
to Purchase Agreement Number PA-05317
XLR-PA-05137-CS1 | CS1 Page 1 |
BOEING PROPRIETARY |
CUSTOMER SUPPORT VARIABLES
relating to
BOEING MODEL 737-10 AIRCRAFT
[*]
[*]
[*]
1.Maintenance Training.
1.1[*]
1.2Training materials, if applicable, will be provided to each student. In addition, one (1) set of training materials including [*].
2.Flight Training.
2.1Boeing will provide, if required, differences training in the form of a differences document or interactive media (formerly, differences computer based training) lessons covering operational, systems and performance differences between Customer's newly-purchased Aircraft and an aircraft of the same model currently operated by Customer.
2.2[*]
3.Planning Assistance.
3.1Maintenance Engineering. Notwithstanding anything in Exhibit B to the AGTA to the contrary, Boeing will provide the following maintenance engineering support:
3.1.1Maintenance Planning Assistance. [*]
3.1.2ETOPS Maintenance Planning Assistance. [*]
XLR-PA-05137-CS1 | CS1 Page 2 |
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3.1.3GSE/Shops/Tooling Consulting. [*]
3.2Spares. [*]
4.[*]
[*]
5.[*]
5.1[*]
5.2[*]
[*]
[*]
XLR-PA-05137-CS1 | CS1 Page 3 |
BOEING PROPRIETARY |
ENGINE ESCALATION,
ENGINE WARRANTY AND PATENT INDEMNITY
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
Supplemental Exhibit EE1
to Purchase Agreement Number PA-05317
XLR-PA-05317-EE1 | EE1 Page 1 |
BOEING PROPRIETARY |
ENGINE ESCALATION,
ENGINE WARRANTY AND PATENT INDEMNITY
relating to
BOEING MODEL 737-10 AIRCRAFT
1.[*]
[*]
2.[*]
[*]
2.1[*]
2.2[*]
2.2.1[*]
XLR-PA-05317-EE1 | EE1 Page 2 |
BOEING PROPRIETARY |
[*]
2.2.2[*]
2.2.3[*]
2.3[*]
2.4[*]
2.4.1[*]
2.4.2[*]
2.4.3[*]
2.5[*]
2.5.1[*]
[*]
[*]
[*]
XLR-PA-05317-EE1 | EE1 Page 3 |
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[*]
2.5.2[*]
[*]
[*]
2.6[*]
2.6.1[*]
2.6.2[*]
2.7[*]
2.7.1[*]
[*]
[*]
[*]
[*]
[*]
[*]
[*]
2.7.2[*]
XLR-PA-05317-EE1 | EE1 Page 4 |
BOEING PROPRIETARY |
2.8[*]
2.8.1[*]
[*]
[*]
[*]
2.8.2[*]
2.8.3[*]
2.9[*]
2.10[*]
2.10.1[*]
XLR-PA-05317-EE1 | EE1 Page 5 |
BOEING PROPRIETARY |
[*]
2.10.2 [*]
XLR-PA-05317-EE1 | EE1 Page 6 |
BOEING PROPRIETARY |
[*] | |||||
[*] | |||||
[*] | [*] | [*] | [*] | [*] | [*] |
[*]
XLR-PA-05317-EE1 | EE1 Page 7 |
BOEING PROPRIETARY |
SERVICE LIFE POLICY COMPONENTS
between
THE BOEING COMPANY
and
AVIATION FINANCE AND LEASING LIMITED
SUPPLEMENTAL EXHIBIT SLP1
TO PURCHASE AGREEMENT NUMBER PA-05317
XLR-PA-05317-SLP1 | SLP1 Page 1 |
BOEING PROPRIETARY |
SERVICE LIFE POLICY COMPONENTS
relating to
BOEING MODEL 737-10 AIRCRAFT
This is the listing of SLP Components for the Aircraft which relate to Part 3, Boeing Service Life Policy of Exhibit C, Product Assurance Document to the AGTA and is a part of Purchase Agreement No. PA-05317.
1. | Wing. |
(i) | Upper and lower wing skins and stiffeners between the forward and rear wing spars. |
(ii) | Wing spar webs, chords and stiffeners. |
(iii) | Inspar wing ribs. |
(iv) | Inspar splice plates and fittings. |
(v) | Main landing gear support structure. |
(vi) | Wing center section lower beams, spanwise beams and floor beams, but not the seat tracks attached to floor beams. |
(vii) | Wing-to-body structural attachments. |
(ix) | Support structure in the wing for spoilers and spoiler actuators; for aileron hinges and reaction links; and for leading edge devices and trailing edge flaps. |
(x) | Trailing edge flap tracks and carriages. |
(xi) | Aileron leading edge device and trailing edge flap internal, fixed attachment and actuator support structure. |
2. | Body. |
(i) | External surface skins and doublers, longitudinal stiffeners, longerons and circumferential rings and frames between the forward pressure bulkhead and the vertical stabilizer rear spar bulkhead and structural support and enclosure for the APU but excluding all system components and related installation and connecting devices, insulation, lining, and decorative panels and related installation and connecting devices. |
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(ii) | Window and windshield structure but excluding the windows and windshields. |
(iii) | Fixed attachment structure of the passenger doors, cargo doors and emergency exits, excluding door mechanisms and movable hinge components. Xxxxx and frames around the body openings for the passenger doors, cargo doors and emergency exits, excluding scuff plates and pressure seals. |
(iv) | Nose wheel well structure, including the wheel well walls, pressure deck, bulkheads, and gear support structure. |
(v) | Main gear wheel well structure including pressure deck and landing gear beam support structure. |
(vi) | Floor beams and support posts in the control cab and passenger cabin area, but excluding seat tracks. |
(vii) | Forward and aft pressure bulkheads. |
(viii) | Keel structure between the wing front spar bulkhead and the main gear wheel well aft bulkhead including splices. |
(ix) | Wing front and rear spar support bulkheads, and vertical and horizontal stabilizer front and rear spar support bulkheads including terminal fittings but excluding all system components and related installation and connecting devices, insulation, lining, and decorative panels and related installation and connecting devices. |
(x) | Support structure in the body for the stabilizer pivot and stabilizer screw. |
3. | Vertical Stabilizer. |
(i) | External skins between front and rear spars. |
(ii) | Front, rear and auxiliary spar chords, webs and stiffeners and attachment fittings. |
(iii) | Inspar ribs. |
(iv) | Rudder hinges and supporting ribs, excluding bearings. |
(v) | Support structure in the vertical stabilizer for rudder hinges, reaction links and actuators. |
(vi) | Rudder internal, fixed attachment and actuator support structure. |
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4. | Horizontal Stabilizer. |
(i) | External skins between front and rear spars. |
(ii) | Front and rear spar chords, webs and stiffeners. |
(iii) | Inspar ribs. |
(iv) | Stabilizer center section including hinge and screw support structure. |
(v) | Support structure in the horizontal stabilizer for the elevator hinges, reaction links and actuators. |
(vi) | Elevator internal, fixed attachment and actuator support structure. |
5. | Engine Strut. |
(i) | Strut external surface skin and doublers and stiffeners. |
(ii) | Internal strut chords, frames and bulkheads. |
(iii) | Strut to wing fittings and diagonal brace. |
(iv) | Engine mount support fittings attached directly to strut structure and including the engine-mounted support fittings. |
6. | Main Landing Gear. |
(i) | Outer cylinder. |
(ii) | Inner cylinder, including axles. |
(iii) | Upper and lower side struts, including spindles, universals and reaction links. |
(iv) | Drag strut. |
(v) | Orifice support tube, including upper and lower tubes for 737-10 only. |
(vi) | Downlock links including spindles and universals. |
(vii) | Torsion links. |
(viii) | Shrink link drive mechanism (737-10 only). |
(ix) | Lever (737-10 only). |
(x) | Walking beam and retract link. |
7. | Nose Landing Gear. |
(i) | Outer cylinder. |
(ii) | Inner cylinder, including axles. |
(iii) | Orifice support tube. |
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(iv) | Upper and lower drag strut, including lock links. |
(v) | Steering plates and steering collars. |
(vi) | Torsion links. |
NOTE: The Service Life Policy does not cover any bearings, bolts, bushings, clamps, brackets, actuating mechanisms or latching mechanisms used in or on the SLP Components.
XLR-PA-05317-SLP1 | SLP1 Page 5 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301194
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject: | Seller Purchased Equipment |
Reference: | Purchase Agreement No. PA-05317 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing Limited (Customer) relating to Model 737-10 aircraft (Aircraft) |
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement.
1. | General. |
Seller Purchased Equipment (SPE) is BFE that Boeing purchases for Customer and that is identified as SPE in the Detail Specification for the Aircraft.
2. | Customer Responsibilities. |
2.1 Supplier Selection. Customer will select SPE suppliers from a list provided by Boeing for the commodities identified on such list and notify Boeing of the SPE suppliers in accordance with the supplier selection date(s) as set forth in Attachment A of this Letter Agreement. If Customer selects a seat, galley, galley insert supplier or any other SPE equipment that is not on the Boeing recommended list, such seat, galley, galley insert or any other SPE equipment will, subject to Boeing approval, become BFE and the provisions of Exhibit A, Buyer Furnished Equipment Provisions Document, of the AGTA will apply. Boeing’s approval will only be withheld in the cases where Boeing, acting reasonably, does not have confidence in the supplier’s ability to support Boeing’s quality system or its ability to certify the applicable commodity for installation on a timely basis. At Customer’s request, Boeing will provide a substantiation of their position.
2.2 Supplier Agreements. Customer will enter into initial agreements with the selected suppliers within ten (10) days of the supplier selection date(s) for the supplier to actively participate with Customer and Boeing in coordination actions including the Initial Technical Coordination Meeting (ITCM). Customer will enter into final agreements with
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selected suppliers for the following additional provisions in accordance with the supplier agreement date(s) within thirty (30) days of the ITCM or as otherwise identified by Boeing:
(i) | for emergency/miscellaneous equipment, providing standard supplier pricing, product support, warranty, spares, training and any additional support defined by Customer will be a direct pass through to Customer at time of Aircraft delivery; and |
(ii) | for seats, galleys, galley inserts, and in-flight entertainment and cabin communications systems (IFE/CCS), negotiating price directly with the suppliers, product support including spares support, warranty, training and any additional support defined by the Customer. Customer shall provide suppliers’ pricing to Boeing and shall obtain suppliers’ agreement to accept Boeing’s purchase orders reflecting the Customer negotiated pricing. |
2.3 Configuration Requirements. Customer is responsible for selecting equipment which is FAA certifiable at time of Aircraft delivery, or for obtaining waivers from the applicable regulatory agency for non-FAA certifiable equipment. Customer will meet with Boeing and the selected SPE suppliers in the ITCM and any other scheduled meetings or teleconferences in order to:
(i) | for emergency/miscellaneous equipment, provide to Boeing the selected part specification/Customer requirements; |
(ii) | for in-flight entertainment and cabin communications systems (IFE/CCS), participate with Boeing in meetings or teleconferences with such suppliers to ensure that suppliers’ functional system specifications meet Customer’s and Boeing’s respective requirements; |
(iii) | for galleys, provide to Boeing the definitive galley configuration requirements, including identification of refrigeration requirements and fixed and removable insert equipment by quantity, manufacturer and part number not later than eight (8) weeks prior to galley supplier selection dates in Attachment A; |
(iv) | for seats, Customer provide to Boeing the definitive seat configuration requirements not later than eight (8) |
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weeks prior to seat supplier selection dates in Attachment A.
3. | Boeing Responsibilities. |
3.1 Supplier Selection.
3.1.1Bidder's List. For information purposes, Boeing will submit to Customer a preliminary bidder's list of existing and acceptable suppliers of seats and galleys two years prior to the supplier selection date(s) referred to in paragraph 2 (i) above and a final bidder’s list of existing and acceptable suppliers of seats and galleys [*] prior to the supplier selection date(s) referred to in paragraph 2 (i) above.
3.1.2Request for Quotation (RFQ). Approximately ninety (90) days prior to the supplier selection date(s), Boeing will issue its RFQ inviting potential bidders to submit bids for the galleys and seats within thirty (30) days of the selection date.
3.1.3Recommended Bidders. Not later than fifteen (15) days prior to the supplier selection date(s), Boeing will submit to Customer a list of recommended bidders from which to choose a supplier for the galleys and seats. The summary is based on an evaluation of the bids submitted using price, weight, warranty and schedule as the criteria.
3.1.4Customer may request the bidder list or for Boeing to submit an RFQ earlier than the time scales described above. Boeing will not unreasonably deny such request.
3.2 Additional Boeing responsibilities:
(i) | placing and managing the purchase orders with the suppliers; |
(ii) | coordinating with the suppliers on technical issues; |
(iii)for seats, galleys, galley inserts and IFE/CCS confirming the agreed to pricing with both the Customer and supplier;
(iv) | for IFE/CCS providing Aircraft interface requirements to suppliers and assisting suppliers in the development |
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of their IFE/CCS system specifications and approving such specifications;
(v) | ensuring that the delivered SPE complies with the part specification; |
(vi) | obtaining certification of the Aircraft with the SPE installed; |
(vii) for miscellaneous/emergency equipment, obtaining standard supplier pricing, and obtaining for Customer copies of product support, warranty, spares, training, and any additional support documentation defined by the Customer which shall be provided to Customer prior to delivery of the Aircraft.
4. | IFE/CCS Software. |
IFE/CCS may contain software of the following two (2) types:
4.1 Systems Software. The software required to operate and certify the IFE/CCS systems on the Aircraft is the Systems Software and is part of the IFE/CCS.
4.2 Customer’s Software. The software accessible to the Aircraft passengers which controls Customer’s specified optional features is Customer’s Software and is not part of the IFE/CCS.
4.2.1Customer is solely responsible for specifying Customer’s Software functional and performance requirements and ensuring that Customer’s Software meets such requirements. Customer and Customer’s Software supplier will have total responsibility for the writing, certification, modification, revision, or correction of any of Customer’s Software. Customer shall be responsible for and assumes all liability with respect to Customer’s Software.
4.2.2The omission of any Customer’s Software or the lack of any functionality of Customer’s Software will not be a valid condition for Customer’s rejection of the Aircraft at the time of Aircraft delivery.
4.2.3Boeing has no obligation to approve any documentation to support Customer’s Software certification. Boeing will only review and operate Customer’s Software if in
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Boeing’s reasonable opinion such review and operation is necessary to certify the IFE/CCS system on the Aircraft.
4.2.4Boeing shall not be responsible for obtaining FAA certification for Customer’s Software.
5. | Price. |
5.1 Advance Payments. An estimated SPE price is included in the Advance Payment Base Prices shown in Table 1 for the purpose of establishing the advance payments for the Aircraft.
5.2 Aircraft Price. The Aircraft Price will be adjusted to reflect the actual costs charged to Boeing by the SPE suppliers and transportation charges.
6. | Changes. |
After Customer’s acceptance of this Letter Agreement, any changes to SPE may only be made by and between Boeing and the SPE suppliers. Customer requested changes to the SPE after execution of this Letter Agreement shall be made by Customer in writing directly to Boeing for approval and for coordination by Boeing with the SPE supplier. Any such change to the configuration of the Aircraft shall be subject to price and offerability through Boeing’s master change or other process for amendment of the Purchase Agreement.
7. | Proprietary Rights. |
Boeing's obligation to purchase SPE will not impose upon Boeing any obligation to compensate Customer or any supplier for any proprietary rights Customer may have in the design of the SPE.
8. | Remedies. |
8.1 If Customer’s nonperformance of its obligations in this Letter Agreement causes a delay in the delivery of the Aircraft or causes Boeing to perform out-of-sequence or additional work, Customer will reimburse Boeing for all resulting expenses and be deemed to have agreed to any such delay in Aircraft delivery. In addition, Boeing will have the right to:
8.1.1delay delivery of the Aircraft;
8.1.2deliver the Aircraft without installing the SPE;
8.1.3provide and install suitable alternate equipment and invoice Customer for the associated cost; and/or
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8.1.4increase the Aircraft Price by the amount of Boeing’s additional costs attributable to such noncompliance.
9. | Title and Risk of Loss. |
Title and risk of loss of the SPE will remain with Boeing until the Aircraft is delivered to Customer.
10. | Customer's Indemnification of Boeing. |
Customer will indemnify and hold harmless Boeing from and against all claims and liabilities, including costs and expenses [*] incident thereto or incident to successfully establishing the right to indemnification, for injury to or death of any person or persons, including employees of Customer but not employees of Boeing, or for loss of or damage to any property, including Aircraft, arising out of or in any way connected with any nonconformance or defect in any SPE and whether or not arising in tort or occasioned in whole or in part by the negligence of Boeing. This indemnity will not apply with respect to any nonconformance or defect caused solely by Boeing's installation of the SPE.
11. | Definition. |
For purposes of the above indemnity, the term Boeing includes The Boeing Company, its divisions, subsidiaries and affiliates, the assignees of each, and their directors, officers, employees and agents.
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Very truly yours,
AGREED AND ACCEPTED this
9 May 2023 |
| |
Date | | |
| | |
THE BOEING COMPANY | | |
/s/ Xxxxx X. Xxxxxx | | |
Signature | | |
| | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
| | |
Attorney-in-Fact | | |
Title | | |
| | |
AVIATION FINANCE AND LEASING LIMITED | | AVIATION FINANCE AND LEASING LIMITED |
/s/ Xxxx Xxxxxxx | | /s/ Xxxxxxx Xxxxxxx |
Signature | | Signature |
| | |
Xxxx Xxxxxxx | | Xxxxxxx Xxxxxxx |
Printed name | | Printed name |
| | |
Director | | Director |
Title | | Title |
| | |
| | |
XLR-PA-05317-LA-2301194 | LA Page 7 |
BOEING PROPRIETARY |
Attachment A
1.Supplier Selection.
Customer will:
1.1Select and notify Boeing of the suppliers and part numbers of the following SPE items by the following dates:
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
**Actual supplier selection dates will be provided on or around the date when Boeing provides notice of the scheduled delivery month to Customer. Boeing will communicate in advance with Customer to insure lead times are reasonable.
XLR-PA-05317-LA-2301194 | LA Page 8 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301195
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx Xxxxx
PTA 9041
Malta
Subject:Spare Parts Initial Provisioning
Reference: a) Purchase Agreement No. PA-05317 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing Limited (Customer) relating to Model 737-10 aircraft (Aircraft).
b) Customer Services General Terms Agreement No. XLR-CSGTA (CSGTA) between Boeing and Customer. dated March 18, 2013
This letter agreement (Letter Agreement) is entered into on the date below and amends and supplements the CSGTA. All capitalized terms used but not defined in this Letter Agreement have the same meaning as in the CSGTA, except for “Aircraft” which will have the meaning as defined in the Purchase Agreement.
In order to define the process by which Boeing and Customer will i) identify those Spare Parts and Standards critical to Customer’s successful introduction of the Aircraft into service and its continued operation, ii) place Orders under the provisions of the CSGTA as supplemented by the provisions of this Letter Agreement for those Spare Parts and Standards, and iii) manage the return of certain of those Spare Parts which Customer does not use, the parties agree as follows.
1.Definitions.
1.1Provisioning Data means the documentation provided by Boeing to Customer, including but not limited to the Recommended Spare Parts List (RSPL), identifying all Boeing initial provisioning requirements for the Aircraft.
1.2Provisioning Items means the Spare Parts and Standards identified by Boeing as initial provisioning requirements in support of the Aircraft, excluding special tools and ground support equipment (GSE), engines and engine parts.
1.3Provisioning Products Guide means the Boeing Manual D6-81834 entitled “Spares Provisioning Products Guide”.
2.Phased Provisioning.
2.1Provisioning Products Guide. Prior to the initial provisioning meeting Boeing will furnish to Customer a copy of the Provisioning Products Guide.
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2.2Initial Provisioning Meeting. On or about eighteen (18) months prior to delivery of the first Aircraft the parties will conduct an initial provisioning meeting in Dublin, Ireland where the procedures, schedules, and requirements for training will be established to accomplish phased provisioning of Spare Parts and Standards for the Aircraft in accordance with the Provisioning Products Guide. If the lead time from execution of the Purchase Agreement until delivery of the first Aircraft is less than twelve (12) months, the initial provisioning meeting will be established as soon as reasonably possible after execution of the Purchase Agreement.
2.3Provisioning Data. During the initial provisioning meeting Customer will provide to Boeing the operational parameter information described in Chapter 6 of the Provisioning Products Guide. After review and acceptance by Boeing of such Customer information, Boeing will prepare the Provisioning Data. Such Provisioning Data will be furnished to Customer on or about ninety (90) days after Boeing finalizes the engineering drawings for the Aircraft. The Provisioning Data will be as complete as possible and will cover Provisioning Items selected by Boeing for review by Customer for initial provisioning of Spare Parts and Standards for the Aircraft. Boeing will furnish to Customer revisions to the Provisioning Data until approximately ninety (90) days following delivery of the last Aircraft or until the delivery configuration of each of the Aircraft is reflected in the Provisioning Data, whichever is later.
2.4Buyer Furnished Equipment (BFE) Provisioning Data. Unless otherwise advised by Boeing, Customer will provide or ensure its BFE suppliers provide to Boeing the BFE data in scope and format acceptable to Boeing, in accordance with the schedule established during the initial provisioning meeting.
3.Purchase from Boeing of Spare Parts and Standards as Initial Provisioning for the Aircraft.
3.1Schedule. In accordance with schedules established during the initial provisioning meeting, Customer may place Orders for Provisioning Items and any GSE, special tools or engine spare parts which Customer determines it will initially require for maintenance, overhaul and servicing of the Aircraft and/or engines.
3.2Prices of Initial Provisioning Spare Parts.
3.2.1Boeing Spare Parts. The Provisioning Data will set forth the prices for those Provisioning Items other than items listed in Article 3.3, below, that are Boeing Spare Parts, and such prices will be firm and remain in effect for one hundred and eighty (180) days from the date the price is first quoted to Customer in the Provisioning Data.
3.2.1Supplier Spare Parts. Boeing will provide estimated prices in the Provisioning Data for Provisioning Items other than items listed in Article 3.3, below, that are Supplier Spare Parts. The price to Customer for any Supplier Spare Parts that are Provisioning Items or for any items ordered for initial provisioning of GSE, special tools
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manufactured by suppliers, or engine spare parts will be one hundred twelve percent (112%) of the supplier's list price for such items.
3.3QEC Kits, Standards Kits, Raw Material Kits, Bulk Materials Kits and Service Bulletin Kits. In accordance with schedules established during the initial provisioning meeting, Boeing will furnish to Customer a listing of all components which could be included in the quick engine change (QEC) kits, Standards kits, raw material kits, bulk materials kits and service bulletin kits which may be purchased by Customer from Boeing. Customer will select, and provide to Boeing its desired content for the kits. Boeing will furnish to Customer as soon as practicable thereafter a statement setting forth a firm price for such kits. Customer will place Orders with Boeing for the kits in accordance with schedules established during the initial provisioning meeting.
0.Xxxxxxxx.
For Spare Parts and Standards ordered by Customer in accordance with Article 3 of this Letter Agreement, Boeing will, insofar as reasonably possible, deliver to Customer such Spare Parts and Standards on dates reasonably calculated to conform to Customer's anticipated needs in view of the scheduled deliveries of the Aircraft. Customer and Boeing will agree upon the date to begin delivery of the provisioning Spare Parts and Standards ordered in accordance with this Letter Agreement. Where appropriate, Boeing will arrange for shipment of such Spare Parts and Standards which are manufactured by suppliers directly to Customer from the applicable supplier's facility. The routing and method of shipment for initial deliveries and all subsequent deliveries of such Spare Parts and Standards will be as established at the initial provisioning meeting and thereafter by mutual agreement.
5.1Substitution for Obsolete Spare Parts.
5.1Obligation to Substitute Pre-Delivery. In the event that, prior to delivery of the first Aircraft, any Spare Part purchased by Customer from Boeing in accordance with this Letter Agreement as initial provisioning for the Aircraft is rendered obsolete or unusable due to the redesign of the Aircraft or of any accessory, equipment or part thereof (other than a redesign at Customer's request) Boeing will deliver to Customer at no charge new and usable Spare Parts in substitution for such obsolete or unusable Spare Parts and, upon such delivery, Customer will return the obsolete or unusable Spare Parts to Boeing.
5.2Delivery of Obsolete Spare Parts and Substitutes. Obsolete or unusable Spare Parts returned by Customer pursuant to this Article 5 will be delivered to Boeing at its Seattle Distribution Center or such other destination as Boeing may reasonably designate. Spare Parts substituted for such returned obsolete or unusable Spare Parts will be delivered to Customer in accordance with the CSGTA. Boeing will pay the freight charges for the shipment from Customer to Boeing of any such obsolete or unusable Spare Part and for the shipment from Boeing to Customer of any such substitute Spare Part.
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6.Repurchase of Provisioning Items.
6.1Obligation to Repurchase. During a period commencing one (1) year after delivery of the first Aircraft and ending five (5) years after such delivery, Boeing will, upon receipt of Customer's written request and subject to the exceptions in Article 6.2, repurchase unused and undamaged Provisioning Items which (i) were recommended by Boeing in the Provisioning Data as initial provisioning for the Aircraft, (ii) were purchased by Customer from Boeing, and (iii) are surplus to Customer's needs.
6.2Exceptions. Boeing will not be obligated under Article 6.1 to repurchase any of the following: (i) quantities of Provisioning Items in excess of those quantities recommended by Boeing in the Provisioning Data for the Aircraft, (ii) QEC kits, bulk material kits, raw material kits, service bulletin kits, Standards kits and components thereof (except those components listed separately in the Provisioning Data), (iii) Provisioning Items for which an Order was received by Boeing more than five (5) months after delivery of the last Aircraft , (iv) Provisioning Items which have become obsolete or have been replaced by other Provisioning Items as a result of Customer's modification of the Aircraft, and (v) Provisioning Items which become excess as a result of a change in Customer's operating parameters, as provided to Boeing pursuant to the initial provisioning meeting and which were the basis of Boeing's initial provisioning recommendations for the Aircraft.
6.3Notification and Format. Customer will notify Boeing, in writing when Customer desires to return Provisioning Items under the provisions of this Article 6. Customer's notification will include a detailed summary, in part number sequence, of the Provisioning Items Customer desires to return. Such summary will be in digital form or other media as may be mutually agreed between Boeing and Customer and will include part number, nomenclature, purchase order number, purchase order date and quantity to be returned. Within five (5) business days after receipt of Customer's notification, Boeing will advise Customer in writing when Boeing's review of such summary will be completed.
6.4Review and Acceptance by Boeing. Upon completion of Boeing's review of any detailed summary submitted by Customer pursuant to Article 6.3, Boeing will issue to Customer a Material Return Authorization (MRA) for those Provisioning Items Boeing agrees are eligible for repurchase in accordance with this Article 6. Boeing will advise Customer of the reason that any Provisioning Item included in Customer's detailed summary is not eligible for return. Boeing's MRA will state the date by which Provisioning Items listed in the MRA must be redelivered to Boeing, and Customer will arrange for shipment of such Provisioning Items accordingly.
6.5Price and Payment. The price of each Provisioning Item repurchased by Boeing pursuant to this Article 6 will be an amount equal to one hundred percent (100%) of the original invoice price thereof except that the repurchase price of Provisioning Items purchased pursuant to Article 3.2.2 will not include Boeing's twelve percent (12%) handling charge. Boeing will pay the repurchase price by issuing a credit memorandum in favor of Customer which may be applied against amounts due Boeing for the purchase of Spare Parts or Standards.
XLR-PA-05317-LA-2301195 | LA Page 4 |
BOEING PROPRIETARY |
6.6Delivery of Repurchased Provisioning Items. Provisioning Items repurchased by Boeing pursuant to this Article 6 will be delivered to Boeing F.O.B. at its Seattle Distribution Center or such other destination as Boeing may reasonably designate.
7.Title and Risk of Loss.
Title and risk of loss of any Spare Parts or Standards delivered to Customer by Boeing in accordance with this Letter Agreement will pass from Boeing to Customer in accordance with the applicable provisions of the CSGTA. Title to and risk of loss of any Spare Parts or Standards returned to Boeing by Customer in accordance with this Letter Agreement will pass to Boeing upon delivery of such Spare Parts or Standards to Boeing in accordance with the provisions of Article 5.2 or Article 6.6, herein, as appropriate.
8.Termination for Excusable Delay.
In the event of termination of the Purchase Agreement pursuant to Article 7 of the AGTA with respect to any Aircraft , such termination will, if Customer so requests by written notice received by Boeing within thirty (30) days after such termination, also discharge and terminate all obligations and liabilities of the parties as to any Spare Parts or Standards which Customer had ordered pursuant to the provisions of this Letter Agreement as initial provisioning for such Aircraft and which are undelivered on the date Boeing receives such written notice.
9.Order of Precedence.
In the event of any inconsistency between the terms of this Letter Agreement and the terms of any other provisions of the CSGTA, the terms of this Letter Agreement will control.
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BOEING PROPRIETARY |
Very truly yours,
AGREED AND ACCEPTED this 9 May 2023 | | |
Date | | |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | | |
Signature | | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
Attorney-in-Fact | | |
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AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx | | AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
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Printed name Director | | Printed name Director |
Title | | Title |
XLR-PA-05317-LA-2301195 | LA Page 6 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124-2207 |
XLR-PA-05317-LA-2301196
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
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BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301197
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
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BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301198
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
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Very truly yours,
AGREED AND ACCEPTED this
9 May 2023 |
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The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301199
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
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XLR-PA-05317-LA-2301199 | LA Page 1 |
BOEING PROPRIETARY |
AGREED AND ACCEPTED this
9 May 2023 |
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/s/ Xxxxx X. Xxxxxx | | |
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BOEING PROPRIETARY |
Attachment to Letter Agreement
No. XLR-PA-05317-LA-2301199
LEAP-1B28 Engines
Page 1
MODEL 737-10 PERFORMANCE GUARANTEES
FOR AVIATION FINANCE AND LEASING LIMITED
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P.A. No. 05137 AERO-B-BBA4-M23-0144A | | |
BOEING PROPRIETARY |
Attachment to Letter Agreement
No. XLR-PA-05317-LA-2301199
LEAP-1B28 Engines
Page 19
3 | [*] |
[*]
4 | [*] |
4.1 | [*] |
4.2 | [*] |
[*]
[*]
4.3 | [*] |
P.A. No. 05137 AERO-B-BBA4-M23-0144A | | |
BOEING PROPRIETARY |
Attachment to Letter Agreement
No. XLR-PA-05317-LA-2301199
LEAP-1B28 Engines
Page 20
5 | [*] |
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5.2 | [*] |
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5.4 | [*] |
5.5 | [*] |
5.6 | [*] |
P.A. No. 05137 AERO-B-BBA4-M23-0144A | | |
BOEING PROPRIETARY |
Attachment to Letter Agreement
No. XLR-PA-05317-LA-2301199
LEAP-1B28 Engines
Page 21
5.7 | [*] |
6 | [*] |
6.1 | [*] |
6.2 | [*] |
6.3 | [*] |
6.4 | [*] |
6.5 | [*] |
6.6 | [*] |
6.7 | [*] |
P.A. No. 05137 AERO-B-BBA4-M23-0144A | | |
BOEING PROPRIETARY |
Attachment to Letter Agreement
No. XLR-PA-05317-LA-2301199
LEAP-1B28 Engines
Page 22
6.8 | [*] |
6.9 | [*] |
7 | [*] |
[*]
P.A. No. 05137 AERO-B-BBA4-M23-0144A | | |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301200
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:[*]
Reference: [*]
[*]
[*]
1. | [*] |
[*]
2. | [*] |
[*]
XLR-PA-05317-LA-2301200 Promotional Support | LA Page 1 |
BOEING PROPRIETARY |
3. | [*] |
[*]
AGREED AND ACCEPTED this
9 May 2023 |
| |
Date | | |
| | |
THE BOEING COMPANY | | |
| | |
/s/ Xxxxx X. Xxxxxx | | |
Signature | | |
| | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
| | |
Attorney-in-Fact | | |
Title | | |
| | |
AVIATION FINANCE AND LEASING LIMITED | | AVIATION FINANCE AND LEASING LIMITED |
| | |
/s/ Xxxx Xxxxxxx | | /s/ Xxxxxxx Xxxxxxx |
Signature | | Signature |
| | |
Xxxx Xxxxxxx | | Xxxxxxx Xxxxxxx |
Printed name | | Printed name |
| | |
Director | | Director |
Title | | Title |
XLR-PA-05317-LA-2301200 Promotional Support | LA Page 2 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124-2207 |
XLR-PA-05317-LA-2301201
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject: | [*] |
Reference: [*]
[*]
1. | [*] |
1.1[*]
1.2[*]
1.3[*]
1.4[*]
XLR-PA-05317-LA-2301201
XLR PA-05317-LA-2301201 | | LA Page 1 |
BOEING PROPRIETARY |
2. | [*] |
3. | [*] |
[*]
4. | [*] |
[*]
5. | [*] |
5.1[*]
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
5.2[*]
XLR PA-05317-LA-2301201 | | LA Page 2 |
BOEING PROPRIETARY |
[*] | [*] |
[*] | [*] |
[*] | [*] |
[*] | [*] |
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5.3[*]
6. | [*] |
6.1 | [*] |
6.2 | [*] |
6.3 | [*] |
XLR PA-05317-LA-2301201 | | LA Page 3 |
BOEING PROPRIETARY |
7. | [*] |
7.1 | [*] |
7.2 | [*] |
8. | [*] |
[*]
9. | [*] |
[*]
XLR PA-05317-LA-2301201 | | LA Page 4 |
BOEING PROPRIETARY |
10. | [*] |
[*]
Very truly yours,
AGREED AND ACCEPTED this
9 May 2023 |
| |
Date | | |
| | |
THE BOEING COMPANY | | |
/s/ Xxxxx X. Xxxxxx | | |
Signature | | |
| | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
| | |
Attorney-in-Fact | | |
Title | | |
| | |
AVIATION FINANCE AND LEASING LIMITED | | AVIATION FINANCE AND LEASING LIMITED |
| | |
/s/ Xxxx Xxxxxxx | | /s/ Xxxxxxx Xxxxxxx |
Signature | | Signature |
| | |
Xxxx Xxxxxxx | | Xxxxxxx Xxxxxxx |
Printed name | | Printed name |
| | |
Director | | Director |
Title | | Title |
XLR PA-05317-LA-2301201 | | LA Page 5 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301202
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject: | AGTA Terms Updates |
Reference: | Purchase Agreement No. 05317 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing Limited (Customer) relating to Model 737-10 aircraft (Aircraft) |
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement.
1.AGTA Basic Articles.
Article 2.1.1,“Airframe Price”, of the basic articles of the AGTA is revised to read as follows:
2.1.1Airframe Price is defined as the price of the airframe for a specific model of aircraft described in a purchase agreement. For certain model aircraft, as reflected in the purchase agreement, the Airframe Price includes the Engine Price at its basic thrust level.
Article 2.1.3,“Engine Price”, of the basic articles of the AGTA is revised to read as follows:
2.1.3Engine Price is defined as the price set by the engine manufacturer for a specific engine to be installed on the model of aircraft described in a purchase agreement (not applicable to certain models of aircraft as reflected in the purchase agreement).
Article 2.1.5, “Escalation Adjustment”, of the basic articles of the AGTA is revised to read as follows:
2.1.5Escalation Adjustment is defined as the price adjustment to the Airframe Price (which includes the Engine Price at its basic thrust level for certain models of aircraft as reflected in the purchase agreement) and the Optional Features Prices resulting from the calculation using the economic price formula contained in the Airframe and Optional Features Escalation Adjustment supplemental exhibit to the applicable purchase agreement. The price adjustment to the Engine Price will be calculated
XLR PA-05317-LA-2301202 | | LA Page 1 |
BOEING PROPRIETARY |
using the economic price formula in the Engine Escalation Adjustment supplemental exhibit to the applicable purchase agreement when the Airframe Price does not include the Engine Price at its basic thrust level as reflected in the purchase agreement.
Article 7.9, [*]
2. | AGTA Exhibit B “Customer Support Document”. |
Exhibit B, Title Page of the AGTA is replaced in its entirety with the following:
Part 1: Boeing Maintenance and Flight Training Programs; Operations Engineering Support
Part 2: Field, Engineering, and Flight Operations Support Services
Part 3: Technical Information and Materials
Part 4: Alleviation or Cessation of Performance
Part 5: Protection of Proprietary Information and Proprietary Materials
Exhibit B, Part 1, Article 3.1.6 of the AGTA is amended to add the following:
3.1.6 assistance in developing an Extended Operations (ETOPS) plan for regulatory approval. Upon request, Boeing will provide one on site visit to Customer’s main base to assist with the development of their ETOPS operational program and to provide consultation related to ETOPS operational planning. Consultation with Customer will be based on ground rules and requirements information provided in advance by Customer.
Exhibit B, Part 2, Article 1, “Field, Engineering, and Flight Operations Support Services“, of the AGTA is replaced in its entirety with the following:
1.Field Service Representation and Flight Operations Representation.
Boeing will furnish field service representation to advise Customer with respect to the maintenance and operation of an aircraft (Field Service Representatives) and furnish flight operations representation to advise Customer with respect to the flight training and flight operations of an aircraft (Flight Operations Representatives).
1.1Field Service Representatives will be available at or near Customer’s main maintenance or engineering facility beginning before the scheduled delivery month of the first aircraft and ending twelve (12)
XLR PA-05317-LA-2301202 | | LA Page 2 |
BOEING PROPRIETARY |
months after delivery of the last aircraft covered by a specific purchase agreement.
1.2Subject to prior coordination, Flight Operations Representatives will be available at or near Customer’s main flight training or fleet operations facility beginning on or around delivery of the first aircraft covered by a specific purchase agreement and ending at Boeing’s discretion.
1.3Customer will provide, at no charge to Boeing, suitable enclosed office space with walls and a lockable door that is separated from other OEMs and the airline, located at the Customer’s facility or other site as mutually agreed. Customer will provide the necessary infrastructure (i.e. Local Area Network (LAN) lines) to enable wired high- speed internet capability in the office. As required, Customer will assist each Field Service Representative and Flight Operations Representative with visas, work permits, customs, mail handling, identification passes and formal introduction to local airport authorities.
1.4Boeing Field Service Representatives are assigned to various airports around the world. Whenever Customer's aircraft are operating through any such airport, the services of Boeing's Field Service Representatives are available [*] to Customer.
3. | AGTA – Appendix I “Sample Insurance Certificate”. |
Appendix I, entitled “SAMPLE Insurance Certificate”, under the LIMITS OF LIABILITY Article, [*]
[*] | [*] |
[*] | [*] |
4. | AGTA - Exhibit C “Product Assurance Document”. |
Warranty Periods. Part 2, Article 3.1, of Exhibit C to the AGTA is amended to read as follows:
3.1Warranty. The warranty period begins on the date of aircraft or Boeing Product delivery (Delivery) and ends at the applicable time specified in Articles 3.1 (i) through 3.1 (iii) below:
(i) | for all Boeing aircraft models except 767, the warranty period ends forty-eight (48) months after Delivery; |
(ii) | in addition, for a Boeing Product installed at the time of delivery in a 787 model aircraft but not inspected during the initial forty-eight (48) month warranty period, the warranty period continues until the date upon which Customer first (1st) inspects such Boeing Product pursuant to its |
XLR PA-05317-LA-2301202 | | LA Page 3 |
BOEING PROPRIETARY |
Boeing Maintenance Planning Data Document but not later than twelve (12) years after Delivery of such 787 aircraft;
(iii) | for Boeing aircraft model 767, the warranty period ends thirty-six (36) months after Delivery. |
AGREED AND ACCEPTED this |
| |
| | |
| | |
9 May 2023 | | |
| | |
Date | | |
| | |
THE BOEING COMPANY | | |
| | |
/s/ Xxxxx X. Xxxxxx | | |
Signature | | |
| | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
| | |
Attorney-in-Fact | | |
Title | | |
| | |
AVIATION FINANCE AND LEASING LIMITED | | AVIATION FINANCE AND LEASING LIMITED |
| | |
/s/ Xxxx Xxxxxxx | | /s/ Xxxxxxx Xxxxxxx |
Signature | | Signature |
| | |
Xxxx Xxxxxxx | | Xxxxxxx Xxxxxxx |
Printed name | | Printed name |
| | |
Director | | Director |
Title | | Title |
| | |
| | |
XLR PA-05317-LA-2301202 | | LA Page 4 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301203
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject: [*]
Reference: [*]
[*]
1.[*]
1.1[*]
1.2[*]
1.3[*]
2.[*]
[*]
XLR PA-05317-LA-2301203 | | LA Page 1 |
BOEING PROPRIETARY |
3.[*]
[*]
Very truly yours,
AGREED AND ACCEPTED this 9 May 2023 |
| |
Date | | |
| | |
THE BOEING COMPANY | | |
Signature | | |
| | |
Xxxxx X. Xxxxxx | | |
Printed name | | |
| | |
Attorney-in-Fact | | |
Title | | |
| | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx | | AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
Signature | | Signature Xxxxxxx Xxxxxxx |
Printed name Director | | Printed name Director |
Title | | Title |
XLR PA-05317-LA-2301203 | | LA Page 2 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124-2207 |
XLR-PA-05317-LA-2301204
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:[*]
Reference:[*]
[*]
1.[*]
[*]
2.[*]
2.1[*]
2.2[*]
2.3[*]
2.3.1[*]
2.3.2[*]
2.3.3[*]
XLR PA-05317-LA-2301204 | | LA Page 1 |
BOEING PROPRIETARY |
2.3.4[*]
2.4[*]
2.4.1[*]
2.4.2[*]
2.5[*]
2.5.1[*]
2.5.2[*]
2.5.3[*]
2.5.4[*]
2.5.5[*]
3.[*]
[*]
XLR PA-05317-LA-2301204 | | LA Page 2 |
BOEING PROPRIETARY |
4.[*]
[*]
Very truly yours,
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx |
| AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
Signature Xxxx Xxxxxxx | | Signature Xxxxxxx Xxxxxxx |
Printed name Director | | Printed name Director |
Title | | Title |
XLR PA-05317-LA-2301204 | | LA Page 3 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301205
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:Open Configuration Matters
Reference: | Purchase Agreement No. PA-05317 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing Limited (Customer) relating to Model 737-10 aircraft (Aircraft) |
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement.
1.Aircraft Configuration.
1.1Initial Configuration. The initial configuration of the Aircraft is defined [*]. Due to the long period of time between Purchase Agreement signing and delivery of the first Aircraft, the final configuration of the Aircraft will be completed as described in Article 1.2 below.
1.2Articles 3.2 “FAA or Applicable Regulatory Authority Manufacturer Changes”, 3.3 “FAA Operator Changes” and 4 “Detail Specification Changes” of the AGTA reference the terms by which Manufacturer Changes, Operator Changes, and Development Changes can be incorporated into the Aircraft.
1.3Final Configuration. The Aircraft configuration will conform to the then- current Boeing basic model aircraft configuration document applicable to the Aircraft at the time of Final Configuration (defined as follows). Boeing and Customer will incorporate certain other configuration changes into the Aircraft as such changes are offered by Boeing and accepted by Customer (Final Configuration) in accordance with the following schedule:
1.3.1[*]
1.3.2Within [*] after the meeting to discuss potential optional features, Boeing will provide Customer with a proposal for those optional features that can be incorporated into the Aircraft during production.
XLR PA-05317-LA-2301205 | | LA Page 1 |
BOEING PROPRIETARY |
1.3.3Customer will then have [*] to accept or reject the optional features.
2.Effect on Purchase Agreement.
2.1Following Final Configuration, Boeing will provide a written amendment to the Purchase Agreement (Supplemental Agreement). Customer will execute the Supplemental Agreement within [*] addressing the items below:
2.1.1Changes to the basic model aircraft which are applicable to the Aircraft and have been developed by Boeing between the date of signing of the Purchase Agreement and date of Final Configuration;
2.1.2Optional features accepted by Customer pursuant to Article 1.2 above (Customer Configuration Changes);
2.1.3Incorporate the Aircraft configuration definition contained in Exhibit A of the Purchase Agreement and referenced in Table 1 of the Purchase Agreement; and
2.1.4[*]
2.2[*]
2.3[*]
3.Other Letter Agreement(s).
As the definition of the Aircraft progresses, there may be a need to execute additional letter agreements to the Purchase Agreement addressing additional provisions relating to software installed on the Aircraft.
XLR PA-05317-LA-2301205 | | LA Page 2 |
BOEING PROPRIETARY |
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED |
| AVIATION FINANCE AND LEASING LIMITED |
Signature Xxxx Xxxxxxx | | Signature Xxxxxxx Xxxxxxx |
Printed name | | Printed name Director |
Title | | Title |
XLR PA-05317-LA-2301205 | | LA Page 3 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301206
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:[*]
Reference:[*]
[*]
1.[*]
[*]
2.[*]
[*]
3.[*]
3.1[*]
3.2[*]
XLR PA-05317-LA-2301206 | | LA Page 1 |
BOEING PROPRIETARY |
4.[*]
4.1[*]
(i)[*]
(ii)[*]
(iii)[*]
4.2[*]
4.3[*]
5.[*]
5.1[*]
5.2[*]
6.[*]
6.1[*]
XLR PA-05317-LA-2301206 | | LA Page 2 |
BOEING PROPRIETARY |
6.2[*]
7.[*]
[*]
8.[*]
[*]
9.[*]
[*]
XLR PA-05317-LA-2301206 | | LA Page 3 |
BOEING PROPRIETARY |
Very truly yours,
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx |
| AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
Signature Xxxx Xxxxxxx | | Signature Xxxxxxx Xxxxxxx |
Printed name Director | | Printed name Director |
Title | | Title |
XLR PA-05317-LA-2301206 | | LA Page 4 |
BOEING PROPRIETARY |
Attachment To
Letter Agreement No. XLR-PA-05317-LA-2301206
[*]
[*] | [*] | [*] | | [*] | | | | [*] |
[*] | [*] | [*] | | | [*] | | [*] | |
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[*] | [*] | [*] | | | [*] | [*] | [*] | [*] | [*] |
XLR-PA-05317-LA-2301206 121058-1O.txt | | Page 1 |
BOEING PROPRIETARY |
Attachment To
Letter Agreement No. XLR-PA-05317-LA-2301206
[*]
| | [*] | | | [*] | [*] | |||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | ||
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XLR-PA-05317-LA-2301206 121058-1O.txt | | Page 2 |
BOEING PROPRIETARY |
Attachment To
Letter Agreement No. XLR-PA-05317-LA-2301206
[*]
| | [*] | | | [*] | [*] | |||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | ||
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[*] | [*] | [*] | | | [*] | [*] | [*] | [*] | [*] |
Total: | [*] | | | | | | | | |
XLR-PA-05317-LA-2301206 121058-1O.txt | | Page 3 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-SU-23001207
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:[*]
Reference:[*]
[*]
[*]
[*]
[*]
[*]
1.[*]
1.1[*]
XLR-SU-23001207 | | Page 1 |
BOEING PROPRIETARY |
1.2[*]
1.2.1[*]
1.3[*]
1.3.1[*]
1.4[*]
2.[*]
2.1[*]
2.2[*]
XLR-SU-23001207 | | Page 2 |
BOEING PROPRIETARY |
3.[*]
3.1[*]
3.2[*]
4.[*]
4.1[*]
4.1.1[*]
(i)[*]
(ii)[*]
4.1.2[*]
4.1.3[*]
XLR-SU-23001207 | | Page 3 |
BOEING PROPRIETARY |
4.1.4[*]
4.2[*]
4.2.1[*]
4.2.2[*]
4.2.3[*]
4.3[*]
4.3.1[*]
(i)[*]
(ii)[*]
4.3.2[*]
4.3.3[*]
XLR-SU-23001207 | | Page 4 |
BOEING PROPRIETARY |
4.3.4[*]
4.4[*]
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5.[*]
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XLR-SU-23001207 | | Page 5 |
BOEING PROPRIETARY |
6.[*]
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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,
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx |
| AVIATION FINANCE AND LEASING LIMITED |
Signature Xxxx Xxxxxxx | | Signature |
Printed name Director | | Printed name |
Title | | Title |
XLR-SU-23001207 | | Page 6 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301208
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:Loading of Customer Software
Reference: | Purchase Agreement No. PA-05317 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing Limited (Customer) relating to Model 737-10 aircraft (Aircraft) |
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement.
1.1At Customer’s request, Boeing may offer to perform a courtesy load of Customer-unique aircraft operational software and associated data owned by or licensed to Customer (Customer Software) on the Aircraft and exercised Option Aircraft. The terms and conditions of this Letter Agreement will apply if Customer has accepted Boeing’s offer to perform a courtesy load of Customer Software on the Aircraft and exercised Option Aircraft.
1.2Customer Software is not part of the Aircraft type design therefore the Aircraft cannot be certified for delivery with such Customer Software installed on the Aircraft.
2.1Boeing may load Customer Software on the Aircraft and exercised Option Aircraft promptly following Aircraft and exercised Option Aircraft delivery to Customer.
3.1Customer must provide the Customer Software to Boeing in support of Boeing's schedule requirements.
XLR PA-05317-LA-2301208 | | Page 1 |
BOEING PROPRIETARY |
3.2Customer must adhere to Boeing's then current technical requirements for software loading.
3.3Customer must have the appropriate optional features installed on the Aircraft to enable loading of Customer Software.
3.4Customer must ensure that installation of Customer Software adheres to Customer’s regulatory requirements.
3.5Customer is responsible for all testing, verification, quality assurance, and operational approval of Customer Software.
3.6Customer employees selecting Customer Software in Boeing's e-Plane Software Configuration Tool (e-PSCT) must be authorized to approve Engineering Orders (EOs) or Engineering Authorizations (EAs) on behalf of Customer.
4.Restrictions and Limitations.
4.1If Customer’s Software is not successfully loaded, then (a) Boeing will not be required to further attempt to load such Customer Software and (b) Boeing will load Boeing baseline production software, if applicable, on the Aircraft. and exercised Option Aircraft.
4.2Courtesy load of Customer Software is subject to (a) available resources and (b) schedule capacity, including Boeing’s ability to complete the courtesy load of Customer Software in the same month as Aircraft and exercised Option Aircraft delivery.
4.3Courtesy load of Customer Software is only available in certain delivery centers located in the United States.
5.Additional Terms and Conditions.
5.1Customer authorizes Boeing’s use of its own software loading processes and tools to load Customer Software on the Aircraft and exercised Option Aircraft.
5.2Customer Software is BFE for the purposes of Articles 3.1.3, 3.2, 3.4, 3.5, 9, 10, and 11 of Exhibit A "Buyer Furnished Equipment Provisions Document" of the AGTA and such Articles apply to the loading of Customer Software.
5.3The loading of Customer Software is a service under Exhibit B "Customer Support Document" of the AGTA.
5.4Boeing makes no warranty for the Customer Software loading services and Article 11 of Part 2 of Exhibit C "Disclaimer and Release; Exclusion of Liabilities" of the AGTA and Article 8.2 "Insurance" of the AGTA apply to the loading of Customer Software.
XLR PA-05317-LA-2301208 | | LA Page 2 |
BOEING PROPRIETARY |
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx |
| AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
Signature Xxxx Xxxxxxx | | Signature Xxxxxxx Xxxxxxx |
Printed name Director | | Printed name Director |
Title | | Title |
XLR PA-05317-LA-2301208 | | LA Page 3 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301209
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:[*]
Reference: | [*] |
[*]
[*]
[*]
[*]
XLR PA-05317-LA-2301209 | | Page 1 |
BOEING PROPRIETARY |
[*]
(i)[*]
(ii)[*]
[*]
[*]
[*]
[*]
XLR PA-05317-LA-2301209 | | LA Page 2 |
BOEING PROPRIETARY |
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx |
| AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
Signature Xxxx Xxxxxxx | | Signature Xxxxxxx Xxxxxxx |
Printed name Director | | Printed name Director |
Title | | Title |
XLR PA-05317-LA-2301209 | | LA Page 3 |
BOEING PROPRIETARY |
The Boeing Company | |
P.O. Box 3707 | |
Seattle, WA 98124 2207 |
XLR-PA-05317-LA-2301210
Aviation Finance and Leasing Limited
191, Level 3
Triq Xxxxxx
Xxxxx
PTA 9041
Malta
Subject:Shareholder Approval
Reference: | Purchase Agreement No. PA-05317 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing Limited (Customer) relating to Model 737-10 aircraft (Aircraft) |
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement.
1.Shareholder Approval.
Customer will use all reasonable efforts to obtain approval for the purchase of the Aircraft from Shareholders of Ryanair Holdings plc as soon as practicable after the signing of this Letter Agreement, and will advise Boeing promptly after such approval has been obtained. If Boeing has not received written notice from Customer by close of business on [*] (Approval Deadline) that approval has been obtained, then the Purchase Agreement will be terminated immediately thereafter.
2.Effect of Termination.
If there is any termination under the above provisions, all rights and obligations of Boeing and Customer with respect to the Aircraft will terminate and be without further force and effect, except that Boeing will promptly refund to Customer, without interest, all applicable advance payments, received by Boeing from Customer pursuant to the Purchase Agreement and Customer will promptly refund to Boeing all applicable advanced credits provided with respect to the Aircraft.
3.Confidential Treatment.
The information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties. Customer will limit the disclosure of its contents to employees of Customer with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase Agreement and who understand they are not to disclose its contents to any other person or entity without the prior written consent of Boeing.
| | Page 1 |
| BOEING PROPRIETARY |
Very truly yours,
AGREED AND ACCEPTED this 9 May 2023 | |
Date | |
| |
THE BOEING COMPANY /s/ Xxxxx X. Xxxxxx | |
Signature | |
| |
Xxxxx X. Xxxxxx | |
Printed name | |
| |
Attorney-in-Fact | |
Title | |
AVIATION FINANCE AND LEASING LIMITED /s/ Xxxx Xxxxxxx | | AVIATION FINANCE AND LEASING LIMITED /s/ Xxxxxxx Xxxxxxx |
Signature Xxxx Xxxxxxx | | Signature Xxxxxxx Xxxxxxx |
Printed name Director | | Printed name Director |
Title | | Title |
XLR-PA-05317-LA-2301210 | | LA Page 2 |
| BOEING PROPRIETARY |