Supplemental Agreement No. 3 to Purchase Agreement No. 3860 between The Boeing Company and United Airlines, Inc. Relating to Boeing Model 787 Aircraft
Exhibit 10.3
CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.
Supplemental Agreement No. 3
to
Purchase Agreement No. 3860
between
The Boeing Company
and
Relating to Boeing Model 787 Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of July 22, 2014, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (a Delaware corporation formerly known as Continental Airlines, Inc. and successor by merger to United Air Lines, Inc.) (Customer);
WHEREAS, the parties hereto entered into Purchase Agreement No. 3860 dated September 27, 2012, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing Model 787 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement;
WHEREAS, Boeing and Customer agree to substitute *** Model 787-*** aircraft (787-*** Aircraft) in lieu of Model 787-*** aircraft (787-*** Aircraft) and to revise the scheduled delivery as follows:
Manufacturer Serial Number |
787-*** Aircraft Delivery Month |
787-*** Aircraft Delivery Month | ||
*** |
*** | *** |
XXX-XX-0000 | XX-0, Page 1 |
BOEING / UNITED AIRLINES, INC. PROPRIETARY
WHEREAS, Boeing and Customer agree to revise the scheduled delivery of *** model 787-9 Aircraft as follows:
Manufacturer Serial Number |
Original Aircraft Delivery Month |
New Aircraft Delivery Month | ||
*** |
*** | *** |
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
1. | Table of Contents and Articles. |
The Table of Contents, is replaced in its entirety with the Table of Contents that is attached hereto and references this Supplemental Agreement No. 3.
2. | Tables. |
2.1. | *** |
2.2. | Table 1 for Model 787-9 Aircraft is replaced in its entirety with the Table 1 for Model 787-9 that is attached hereto and references this Supplemental Agreement No. 3. |
2.3. | Table 1 for Model 787-10 Aircraft is replaced in its entirety with the Table 1 for Model 787-10 that is attached hereto references this Supplemental Agreement No. 3. |
3. | Letter Agreements. |
4. | Attachment B-2 to Letter Agreement UAL-PA-03860-LA-1209265R1 is deleted in its entirety. |
The Purchase Agreement will be deemed to be supplemented to the extent herein provided as of the date hereof and as so supplemented will continue in full force and effect.
[The rest of the page is intentionally blank. Signature page follows.]
UAL-PA-3860 | 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/ Xxxxxxx XxXxxxxx |
/s/ Xxxxxx Xxxxxxxx | |||
Signature | Signature | |||
Attorney-in-Fact |
Senior Vice President – Finance, Procurement and Treasurer | |||
Title | Title |
XXX-XX-0000 | XX-0, Page 3 |
BOEING / UNITED AIRLINES, INC. PROPRIETARY
TABLE OF CONTENTS
ARTICLES |
SA NUMBER | |||
Article 1. | Quantity, Model and Description |
SA-1 | ||
Article 2. | Delivery Schedule |
SA-1 | ||
Article 3. | Price |
SA-1 | ||
Article 4. | Payment |
SA-1 | ||
Article 5. | Additional Terms |
SA-1 | ||
TABLE | ||||
1. | 787-8 with GENX-1B*** Engines Aircraft Information Table *** |
SA-3 | ||
1. | 787-9 with GENX-1B*** Engines Aircraft Information Table |
SA-3 | ||
1. | 787-10 with GENX-1B*** Engines Aircraft Information Table |
SA-3 | ||
EXHIBITS | ||||
A1. | 787-8 Aircraft Configuration |
|||
A2. | 787-9 Aircraft Configuration |
|||
A3. | 787-10 Aircraft Configuration |
SA-1 | ||
B. | Aircraft Delivery Requirements and Responsibilities |
|||
SUPPLEMENTAL EXHIBITS | ||||
AE1. | Escalation Adjustment/Airframe and Optional Features |
|||
BFE1. | BFE Variables |
SA-1 | ||
CS1. | Customer Support Document |
|||
EE1. | Engine Escalation/Engine Warranty *** |
|||
SLP1. | Service Life Policy Components |
|||
TABLE OF CONTENTS, CONTINUED |
LETTER AGREEMENTS |
SA NUMBER | |||
UAL-PA-03860-LA-1209247 | 787 e-Enabling |
|||
UAL-PA-03860-LA-1209264 | Open Configuration Matters |
P.A. 3860 |
TABLE OF CONTENTS, Page 1 of 3 | SA-3 |
BOEING/UNITED AIRLINES, INC. PROPRIETARY
UAL-PA-03860-LA-1209265R1 | Option Aircraft |
SA-1 | ||
Attachment A, 787-*** Option Aircraft Delivery, Description, Price and Advance Payments (DELETED) |
XX-0 | |||
Xxxxxxxxxx X-0, 787-*** with GENX-1B*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments |
XX-0 | |||
Xxxxxxxxxx X-0, 787-*** with TRENT1000-*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments (DELETED) |
XX-0 | |||
XXX-XX-00000-XX-0000000 | Xxxxx Parts Initial Provisioning |
|||
UAL-PA-03860-LA-1209410 | Special Matters Relating to COTS Software and End User License Agreements |
|||
UAL-PA-03860-LA-1209411 | Special Terms – Seats and In-flight Entertainment |
|||
UAL-PA-03860-LA-1209417 | Model 787 Post-Delivery Software & Data Loading |
|||
CONFIDENTIAL LETTER AGREEMENTS | ||||
UAL-PA-03860-LA-1209236R1 | Model Substitution |
SA-1 | ||
Attachment A, 787-9 Airframe Pricing of Substitution Aircraft with General Electric GEnx-1B*** and Rolls Xxxxx Xxxxx 1000-*** engines |
SA-1 | |||
Attachment B, 787-10 with General Electric GEnx-1B*** and Rolls Xxxxx XXXXX 1000-*** Engines |
SA-1 | |||
Attachment C, 787-8 with General Electric GEnx-1B*** and Rolls Xxxxx XXXXX 1000-*** |
SA-1 |
P.A. 3860 |
TABLE OF CONTENTS, Page 2 of 3 | SA-3 |
BOEING/UNITED AIRLINES, INC. PROPRIETARY
TABLE OF CONTENTS, CONTINUED
CONFIDENTIAL LETTER AGREEMENTS, continued |
SA NUMBER | |||
UAL-PA-03860-LA-1209412 |
Spare Parts Commitment | |||
UAL-PA-03860-LA-1209413R1 |
Special Matters | XX-0 | ||
XXX-XX-00000-XX-0000000 |
Xxxxx Special Matters | |||
UAL-PA-03860-LA-1209413A1 |
Other Special Matters—Amendment 1 | SA-1 | ||
UAL-PA-03860-LA-1209416R1 |
Promotional Support | XX-0 | ||
XXX-XX-00000-XX-0000000 |
Performance Guarantees | |||
UAL-PA-03860-LA-1209455 |
*** TERMINATED | XX-0 | ||
XXX-XX-00000-XX-0000000 |
*** | |||
UAL-PA-03860-LA-0000000X0 |
Alternate Engine Selection | SA-1 | ||
6-1162-ELP-0794 |
*** Program*** | |||
6-1162-ELP-0795 |
*** Program*** | |||
UAL-PA-03860-LA-1301368 |
Performance Guarantees (787-10) | XX-0 | ||
XXX-XX-00000-XX-0000000 |
787-10 Aircraft Open Configuration and Other Matters | SA-1 | ||
UAL-PA-03860-LA-1301375 |
Provisions Relating to Customer’s *** for 000-00 Xxxxxxxx | XX-0 | ||
XXX-XX-00000-XX-0000000 |
787-10 *** | SA-1 | ||
UAL-PA-03860-LA-1301380 |
787-10 Program Launch | SA-1 |
P.A. 3860 |
TABLE OF CONTENTS, Page 3 of 3 | SA-3 |
BOEING/UNITED AIRLINES, INC. PROPRIETARY
DATED AS OF | ||
Supplemental Agreement No. 1 |
June 17, 2013 | |
Supplemental Agreement No. 2 |
December 16, 2013 | |
Supplemental Agreement No. 3 |
July 22, 2014 |
P.A. 3860 |
TABLE OF CONTENTS, Page 1 of 3 | SA-3 |
BOEING/UNITED AIRLINES, INC. PROPRIETARY
Table 1 to Purchase Agreement No. 3860
*** 787-9 *** Aircraft Executed via SA-1
FOR APBP PURPOSES ONLY: UNTIL *** PRIOR TO APPLICABLE AIRCRAFT DELIVERY
Airframe Model/MTOW: |
787-8 | *** pounds | Detail Specification: | * | ** | |||||||||||||||
Engine Model/Thrust: |
GENX-1B*** | *** pounds | Airframe Price Base Year/Escalation Formula: | * | ** | * | ** | |||||||||||||
Airframe Price: |
$*** | Engine Price Base Year/Escalation Formula: | * | ** | * | ** | ||||||||||||||
Optional Features: |
$*** | |||||||||||||||||||
|
|
|||||||||||||||||||
Sub-Total of Airframe and Features: |
$*** | Airframe Escalation Data: | ||||||||||||||||||
Engine Price (Per Aircraft): |
$*** | Base Year Index (ECI): | * | ** | ||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): |
$*** | Base Year Index (CPI): | * | ** | ||||||||||||||||
|
|
|||||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: |
$*** | Engine Escalation Data: | ||||||||||||||||||
Seller Purchased Equipment (SPE) Estimate: |
$*** | Base Year Index (ECI): | * | ** | ||||||||||||||||
In Flight Entertainment (IFE) Fixed$: |
$*** | Base Year Index (CPI): | * | ** |
Delivery Date |
*** |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Serial Number |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | |||||||||||||||||||||||||||||||||||
|
*** | *** | *** | *** | ||||||||||||||||||||||||||||||||||||||
*** |
*** | *** | *** | *** | * | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||||||||
*** |
*** | *** | *** | *** | * | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||||||||
*** |
*** | *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||||||||
*** |
*** | *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||||||||
*** |
*** | *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | |||||||||||||||||||||||||||||||
Total |
*** |
* *** Escalation Factors ***
** *** Escalation Factors ***
Boeing Proprietary | Table 1 787-9 - APBP > *** Prior Page 1, SA-3 |
Table 1 to Purchase Agreement No. 3860
787-9 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments
APBP beginning *** prior to applicable delivery for *** 787-9 aircraft only
Airframe Model/MTOW: |
787-9 | ***pounds | Detail Specification: | * | ** | |||||||||||||
Engine Model/Thrust: |
GENX-1B***¹ | *** pounds | Airframe Price Base Year/Escalation Formula: | * | ** | * | ** | |||||||||||
Airframe Price: |
$*** | Engine Price Base Year/Escalation Formula: | * | ** | * | ** | ||||||||||||
Optional Features: |
$*** | |||||||||||||||||
|
|
|||||||||||||||||
Sub-Total of Airframe and Features: |
$*** | Airframe Escalation Data: | ||||||||||||||||
Engine Price (Per Aircraft): |
$*** | Base Year Index (ECI): | * | ** | ||||||||||||||
|
|
|||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): |
$*** | Base Year Index (CPI): | * | ** | ||||||||||||||
|
|
|||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: |
$*** | Engine Escalation Data: | ||||||||||||||||
Seller Purchased Equipment (SPE) Estimate: |
$*** | Base Year Index (ECI): | * | ** | ||||||||||||||
In Flight Entertainment (IFE) Estimate: |
$*** | Base Year Index (CPI): | * | ** |
Delivery Date |
*** Prior to |
Number of |
Escalation |
Escalation |
Serial |
Escalation Adv Payment Price Per A/P |
Advance Payment Per Aircraft | |||||||||||||||
*** |
*** |
*** |
*** | |||||||||||||||||||
*** |
*** | *** | *** | *** | * | *** | *** | *** | *** | *** | *** | |||||||||||
*** |
*** | *** | *** | *** | * | *** | *** | *** | *** | *** | *** | |||||||||||
*** |
*** | *** | *** | *** | * | *** | *** | *** | *** | *** | *** | |||||||||||
*** |
*** | *** | *** | *** | * | *** | *** | *** | *** | *** | *** | |||||||||||
*** |
*** | *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | |||||||||||
*** |
*** | *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | |||||||||||
*** |
*** | *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | |||||||||||
Total |
*** |
¹ *** on a *** to delivery GEnx-1B*** thrust rating at the GEnx-1B*** price.
* *** Escalation Factors ***
** *** Escalation Factors ***
Boeing Proprietary | Table 1 787-9 with GENX-1B*** Engines Page 1, SA-3 |
Table 1 to Purchase Agreement No. 3860
787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
Airframe Model/MTOW: |
787-10 | *** pounds | Detail Specification: | * | ** | |||||||||||||||
Engine Model/Thrust: |
GENX-1B***¹ | *** pounds | Airframe Price Base Year/Escalation Formula: | * | ** | * | ** | |||||||||||||
Airframe Price: |
$ | *** | Engine Price Base Year/Escalation Formula: | * | ** | * | ** | |||||||||||||
Optional Features: |
$ | *** | ||||||||||||||||||
|
|
|||||||||||||||||||
Sub-Total of Airframe and Features: |
$ | *** | Airframe Escalation Data: | |||||||||||||||||
Engine Price (Per Aircraft) : |
$ | *** | Base Year Index (ECI): | * | ** | |||||||||||||||
|
|
|||||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): |
$ | *** | Base Year Index (CPI): | * | ** | |||||||||||||||
|
|
|||||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: |
$ | *** | Engine Escalation Data: | |||||||||||||||||
In-Flight Entertainment (IFE) Estimate: |
$ | *** | Base Year Index (ECI): | * | ** | |||||||||||||||
Base Year Index (CPI): | * | ** | ||||||||||||||||||
Refundable Deposit/Aircraft at Proposal Accept: |
$ | *** |
Delivery |
Number of |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Serial Number |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||||||||||||||
|
*** | *** | *** | *** | ||||||||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||||||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** |
Boeing Proprietary | 787-10 with GE Engines Table 1 to SA-3, Page 1 |
Table 1 to Purchase Agreement No. 3860
787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
Delivery Date |
Number of |
Escalation |
Escalation |
Serial |
Escalation Estimate |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||
|
*** |
*** |
*** |
*** | ||||||||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | * | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
*** |
*** | *** | *** | ** | *** | *** | *** | *** | *** | *** | ||||||||||
Total |
*** |
¹*** | on a *** to delivery GEnx-1B*** thrust rating at the GEnx-1B*** price. |
* *** Escalation Factors ***
** *** Escalation Factors ***
Boeing Proprietary | 787-10 with GE Engines Table 1 to SA-3, Page 2 |