Supplemental Agreement No. 5 to Purchase Agreement No. 3860 between The Boeing Company and United Airlines, Inc. Relating to Boeing Model 787 Aircraft
Exhibit 10.8
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. 5
to
Purchase Agreement No. 3860
between
The Boeing Company
and
Relating to Boeing Model 787 Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of April 30, 2015, 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 wish to *** the following firm 787-9 Aircraft *** this Purchase Agreement:
| Model |
MSN |
Delivery Month | ||
| 787-9 |
*** | *** |
WHEREAS, Boeing and Customer agree to *** the following *** firm 787-*** Aircraft and *** them with *** 787-*** Aircraft in the same delivery months:
| Model |
*** Firm Aircraft MSN |
*** Aircraft MSN |
Delivery Month | |||
| *** |
*** | TBD | *** | |||
| *** |
*** | TBD | *** |
WHEREAS, Boeing and Customer agree to apply *** firm Aircraft *** under this Supplemental Agreement No. 05 *** for the *** new model 787-*** Aircraft added under this Supplemental Agreement No. 05 and *** Customer’s *** for 787 aircraft.
| UAL-PA-3860 |
SA-5 | Page 1 | ||
| BOEING / UNITED AIRLINES, INC. PROPRIETARY | ||||
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 deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-5”).
2. Tables.
| 2.1. | “Table 1”, 787-9 Aircraft Delivery, Description, Price and Advance Payments is deleted in its entirety. |
| 2.2. | “Table 1”, 787-10 Aircraft with GENX-1B76 Engines Delivery, Description, Price and Advance Payments, is deleted in its entirety and replaced with the attached “Table 1”, 787-10 Aircraft with GENX-1B76 Engines Delivery, Description, Price and Advance Payments, (identified by “SA-5”). |
3. Letter Agreements.
| 3.1. | “Attachment B-1 to Letter Agreement UAL-PA-03860-LA-120965R1”, 787-10 Option Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments, is deleted in its entirety and replaced with the attached “Attachment B1 to Letter Agreement UAL-PA-03860-LA-120965R1”, 787-10 Option Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments, (identified by “SA-5”). |
| 3.2. | Letter agreement “UAL-PA-03860-LA-1209413A1”, Special Matters — Amendment 1, is deleted in its entirety and replaced with the attached “UAL-PA-03860-LA-1209413A1R1”, Special Matters — Amendment 1, (identified by “SA-5”). |
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.
| UAL-PA-3860 |
SA-5 | Page 2 | ||
| BOEING / UNITED AIRLINES, 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 | |||
| UAL-PA-3860 |
SA-5 | Page 3 | ||
| BOEING / UNITED AIRLINES, INC. PROPRIETARY | ||||
TABLE OF CONTENTS
| SA NUMBER | ||||
| ARTICLES |
||||
| 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-5 | ||
| 1. |
787-10 with GENX-1B*** Engines Aircraft Information Table | SA-5 | ||
| EXHIBITS | ||||
| A1. |
787-8 Aircraft Configuration | |||
| A2. |
787-9 Aircraft Configuration | SA-4 | ||
| 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 | |||
| P.A. 3860 |
TABLE OF CONTENTS, Page 1 of 5 | SA-5 | ||
| BOEING/UNITED AIRLINES, INC. PROPRIETARY | ||||
| TABLE OF CONTENTS, CONTINUED | ||||
| SA NUMBER | ||||
| LETTER AGREEMENTS |
||||
| UAL-PA-03860-LA-1209247 |
787 e-Enabling |
|||
| UAL-PA-03860-LA-1209264 |
Open Configuration Matters |
|||
| 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 5 | SA-5 | ||
| BOEING / UNITED AIRLINES, INC. PROPRIETARY | ||||
TABLE OF CONTENTS, CONTINUED
| SA | ||||
| CONFIDENTIAL LETTER AGREEMENTS, continued | ||||
| UAL-PA-03860-LA-1209412 | Spare Parts Commitment | |||
| UAL-PA-03860-LA-1209413R1 | Special Matters | SA-1 | ||
| UAL-PA-03860-LA-1209413A1R1 | Special Matters – Amendment 0 | 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- *** Aircraft | |||
| 6-1162-ELP-0795 | *** Program- *** Aircraft | |||
| 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-1301377A1 | 787-10 *** – Amendment 0 | XX-0 | ||
| XXX-XX-00000-XX-0000000 | 787-10 Program Launch | XX-0 | ||
| XXX-XX-00000-XX-0000000 | Demonstration Flight Waiver | XX-0 | ||
| XXX-XX-00000-XX-0000000 | Installation of Cabin Systems Equipment | SA-4 | ||
| P.A. 3860 |
TABLE OF CONTENTS, Page 3 of 5 | SA-5 | ||
| 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 | |
| Supplemental Agreement No. 4 |
January 14, 2015 | |
| Supplemental Agreement No. 5 |
April 30, 2015 |
| P.A. 3860 |
TABLE OF CONTENTS, Page 4 of 5 | SA-5 | ||
| BOEING/UNITED AIRLINES, INC. PROPRIETARY | ||||
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 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): | ||||||||||||||
| *** | *** | *** | *** | |||||||||||||||||
| *** | *** | *** | *** | |||||||||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| *** |
*** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| Boeing Proprietary | 787-10 with GE Engines Table 1 to SA-5, 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 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: |
25 | |||||||||||||||||||
| ¹ | *** on a *** to delivery GEnx-1B*** thrust rating at the GEnx-1B***. |
| * | *** Escalation Factors *** |
| ** | *** Escalation Factors *** |
| Boeing Proprietary | 787-10 with GE Engines Table 1 to XX-0, Xxxx 0 |
Xxxxxxxxxx X-0 to Letter Agreement UAL-PA-03860-LA-120965R1
787-10 Option 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*** | *** 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): | *** | |||||||||||||||||||||||
| *** Deposit/Aircraft at Def Agreement |
$*** | |||||||||||||||||||||||
| Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Manufacturer Serial Number |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
| *** | *** | *** | *** | |||||||||||||||
| *** | *** | *** | ** | |||||||||||||||
| *** |
*** | *** | *** | TBD | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | TBD | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| APR 64695-1F.TXT | Boeing Proprietary | 787-10 with GE Engines Table 1 to XX-0, Xxxx 0 |
Xxxxxxxxxx X-0 to Letter Agreement UAL-PA-03860-LA-120965R1
787-10 Option Aircraft with GENX-1B***
Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
| Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Factor (Engine) |
Manufacturer Serial Number |
Escalation Estimat Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
| *** | *** | *** | *** | |||||||||||||||
| *** | *** | *** | ** | |||||||||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| Total: |
*** | |||||||||||||||||
| APR 64695-1F.TXT | Boeing Proprietary | 787-10 with GE Engines Table 1 to SA-5, Page 2 |
|
|
The Boeing Company X.X. Xxx 0000 Xxxxxxx, XX 00000-0000 |
UAL-PA-03860-LA-1209413A1R1
United Airlines, Inc.
000 Xxxxx Xxxxxx Xxxxx
Xxxxxxx, Xxxxxxxx 00000
| Subject: |
Special Matters — Amendment 1 | |
| Reference: |
Purchase Agreement No. 3860 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. relating to Model 787 aircraft (Aircraft) |
This letter agreement UAL-PA-03860-LA-1209413A1R1 (Amending Letter Agreement) amends and supplements the Purchase Agreement, amends certain terms in Letter Agreement UAL-PA-03860-LA-1209413 (the Letter Agreement), and supersedes and replaces in its entirety letter agreement UAL-PA-03860-LA-1209413A1. All terms used and not defined in this Letter Agreement have the same meaning as in the Purchase Agreement.
| 1. | Amendments to Article 4 of the Letter Agreement. |
Article 4.4 of the Letter Agreement is hereby deleted and replaced with the following:
| 4.4. | Special *** Provisions for the Launch Aircraft. With respect to (i) the *** 787-10 Aircraft listed in Table 1 to the Purchase Agreement as of the effective date of Supplemental Agreement No. 5 to the Purchase Agreement and (ii) the *** 787-*** Aircraft with scheduled delivery dates of *** and ***; (each a Launch Aircraft), the parties agree that *** of the Article 4.1 *** obligation will be *** delivery of each Launch Aircraft (Launch Aircraft *** Obligation). At time of delivery of each Launch Aircraft, Boeing will *** to *** the Launch Aircraft *** Obligation. |
| 2. | Confidential Treatment. |
Boeing and Customer understand that certain information contained in this Letter Agreement, including any attachments hereto, is considered by both parties to be confidential. Boeing and Customer agree that each party will treat this Letter Agreement and the information contained herein as confidential and will not, without the other party’s prior written consent, disclose this Letter Agreement or any information contained herein to any other person or entity except as may be required by applicable law or governmental regulations.
| UAL-PA-03860-LA-1209413A1R1 Special Matters |
Page 0 XX-0 | |
| XXXXXX / XXXXXX XXXXXXXX, INC. PROPRIETARY | ||
Very truly yours,
| THE BOEING COMPANY | ||
| By | /s/ Xxxxxxx XxXxxxxx | |
| Its | Attorney-In-Fact | |
| ACCEPTED AND AGREED TO this | ||
| Date: | April 30, 2015 | |
| UNITED AIRLINES, INC. | ||
| By | /s/ Xxxxxx Xxxxxxxx | |
| Its | Senior Vice President – Finance, Procurement and Treasurer | |
| UAL-PA-03860-LA-1209413A1R1 Special Matters |
Page 0 XX-0 |
XXXXXX / XXXXXX XXXXXXXX, INC. PROPRIETARY
