Supplemental Agreement No. 25 to Purchase Agreement No. 03791 between THE BOEING COMPANY and AIR LEASE CORPORATION
EXHIBIT 10.2
CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED
Supplemental Agreement No. 25
to
Purchase Agreement No. 03791
between
THE BOEING COMPANY
and
AIR LEASE CORPORATION
THIS SUPPLEMENTAL AGREEMENT is entered into as of February 28, 2020 (Supplemental Agreement No. 25) by and between THE BOEING COMPANY (Boeing) and AIR LEASE CORPORATION (Customer).
WHEREAS, Boeing and Customer have entered into Purchase Agreement No. 03791 dated as of July 3, 2012 as amended and supplemented (Purchase Agreement) relating to the purchase and sale of Model 737-8 and 737-9 Aircraft; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]; and
WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*].
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HAZ-PA-03791 |
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BOEING PROPRIETARY |
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[*]
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
1. TABLE OF CONTENTS.
The Table of Contents is deleted in its entirety and replaced by a new Table of Contents, provided as Enclosure 1, and incorporated into the Purchase Agreement. The new Table of Contents reflects the revisions set forth in this Supplemental Agreement No. 25.
2. TABLES.
2.1 Table 1A is deleted in its entirety, replaced by a revised Table 1A provided hereto as Enclosure 2 and is incorporated into the Purchase Agreement by this reference. This new Table 1A reflects [*].
2.2 Table 1B is deleted in its entirety, replaced by a revised Table 1B provided hereto as Enclosure 3 and is incorporated into the Purchase Agreement by this reference. This new Table 1B reflects [*].
2.3 Table 1C is deleted in its entirety, replaced by a revised Table 1C provided hereto as Enclosure 4 and is incorporated into the Purchase Agreement by this reference. This new Table 1C [*].
2.4 Table 1H5 is deleted in its entirety, replaced by a revised Table 1H5 provided hereto as Enclosure 5 and is incorporated into the Purchase Agreement by this reference. This new Table 1H5 [*].
3. EXHBITS.
3.1 Exhibit A19, HAZ/[*] 737-8 Aircraft Configuration [*], provided as Enclosure 6 to this Supplemental Agreement No. 25, is incorporated into the Purchase Agreement. This Exhibit A19 defines the configuration for the 737-8 Aircraft to be leased to [*] in Table 1A.
3.2 Exhibit A20, HAZ/[*] 737-8 Aircraft Configuration [*], provided as Enclosure 7 to this Supplemental Agreement No. 25, is incorporated into the Purchase Agreement. This Exhibit A20 defines the configuration for the 737-8 Aircraft to be leased to [*] in Table 1A.
3.3 Exhibit A21, HAZ/[*] 737-8 Aircraft Configuration [*], provided as Enclosure 8 to this Supplemental Agreement No. 25, is incorporated into the Purchase Agreement. This Exhibit A21 defines the configuration for the 737-8 Aircraft to be leased to [*] in Table 1A.
3.4 Exhibit A22, HAZ/[*] 737-9 Aircraft Configuration [*], provided as Enclosure 9 to this Supplemental Agreement No. 25, is incorporated into the Purchase Agreement. This Exhibit A22 defines the configuration for the 737-9 Aircraft to be leased to [*] in Table 1B.
4. LETTER AGREEMENTS.
4.1 Letter Agreement HAZ-PA-03791-LA-1208078R8, entitled “Advance Payment Matters,” is deleted in its entirety, and replaced with a revised Letter Agreement HAZ-PA-03791-LA-1208078R9, entitled “Advance Payment Matters,” which is provided
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HAZ-PA-03791 |
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BOEING PROPRIETARY |
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as Enclosure 10 to this Supplemental Agreement No. 25, and incorporated into the Purchase Agreement.
5. CONTINGENCY.
This Supplemental Agreement No. 25 is contingent on Customer executing Supplemental Agreement No. 15 under Purchase Agreement 3659.
6. [*]
INTENTIONALLY LEFT BLANK
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HAZ-PA-03791 |
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BOEING PROPRIETARY |
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7. MISCELLANEOUS.
7.1 [*]
7.3 All terms used but not defined in this Supplemental Agreement No. 25 will have the same meaning as such terms have in the Purchase Agreement.
7.4 This Supplemental Agreement No. 25 will become effective upon execution and receipt by both parties of both this Supplemental Agreement No. 25 and fulfillment of the contingencies described in Article 5 on or before February 28, 2020, after which date this Supplemental Agreement No. 25 will be null and void and have no force or effect.
EXECUTED IN DUPLICATE as of the day and year first above written.
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THE BOEING COMPANY |
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AIR LEASE CORPORATION |
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By: |
/s/ Xxxxxx Xxxx |
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By: |
/s/ Xxxxx Xxxx |
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Its: |
Attorney‑In‑Fact |
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Its: |
Executive Vice President |
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HAZ-PA-03791 |
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SA-25 |
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BOEING PROPRIETARY |
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Enclosure 1
TABLE OF CONTENTS
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ARTICLES |
SA No. |
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Article 1. |
Quantity, Model and Description |
SA-4 |
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Article 2. |
Delivery Schedule |
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Article 3. |
Price |
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Article 4. |
Payment |
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Article 5. |
Additional Terms |
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TABLES |
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1A |
737-8 Block A Aircraft Information Table [*] |
XX-00 |
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0X |
000-0 Xxxxx X Aircraft Information Table [*] |
XX-00 |
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0X |
000-0 Xxxxx C Aircraft Information Table [*] |
SA-25 |
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1D |
737-8 Block D Aircraft Information Table [*] |
SA-24 |
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1E |
737-8 Block E Aircraft Information Table [*] |
XX-00 |
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0X |
000-0 Xxxxx F Aircraft Information Table [*] |
XX-00 |
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0X |
000-0 Xxxxx G Aircraft Information Table [*] |
SA-18 |
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1H1 |
737-8 Block H1 Aircraft Information Table [*] |
SA-18 |
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1H2 |
737-8 Block H2 Aircraft Information Table [*] |
SA-18 |
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1H3 |
737-8 Block H3 Aircraft Information Table [*] |
SA-18 |
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1H4 |
737-8 Block H4 Aircraft Information Table [*] |
SA-18 |
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1H5 |
737-8 Block H5 Aircraft Information Table [*] |
SA-25 |
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EXHIBITS |
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A1 |
HAZ/[*] 737-8 Aircraft Configuration |
SA-16 |
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A2 |
HAZ/[*] 737-8 Aircraft Configuration |
SA-16 |
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A3 |
HAZ/[*] 737-8 Aircraft Configuration |
SA-16 |
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A4 |
HAZ/[*] 737-8 Aircraft Configuration |
SA-16 |
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A5 |
HAZ/[*] 737-8 Aircraft Configuration |
SA-16 |
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A6 |
HAZ/[*] 737-9 Aircraft Configuration |
SA-19 |
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A7 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-21 |
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A8 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
XX-00 |
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XXX-XX-00000 |
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BOEING PROPRIETARY |
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Enclosure 1
TABLE OF CONTENTS
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A9 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-21 |
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A10 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-21 |
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A11 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-21 |
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A12 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-21 |
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A13 |
HAZ/[*] 737-9 Aircraft Configuration [*] |
SA-21 |
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A14 |
HAZ/[*] 737-9 Aircraft Configuration [*] |
XX-00 |
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X00 |
XXX 000-0 Xxxxxxxx Aircraft Configuration [*] |
SA-21 |
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A16 |
HAZ 737-9 Baseline Aircraft Configuration [*] |
SA-21 |
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A17 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-24 |
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A18 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-24 |
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A19 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-25 |
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A20 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-25 |
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A21 |
HAZ/[*] 737-8 Aircraft Configuration [*] |
SA-25 |
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A22 |
HAZ/[*] 737-9 Aircraft Configuration [*] |
SA-25 |
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B |
Aircraft Delivery Requirements and Responsibilities |
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SUPPLEMENTAL EXHIBITS |
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AE1 |
Escalation Adjustment - Airframe and Optional Features |
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BFE1 |
BFE Variables |
SA-9 |
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CS1 |
Customer Support Variables |
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EE1 |
[*], Engine Warranty and Patent Indemnity |
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SLP1 |
Service Life Policy Components |
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LETTER AGREEMENTS |
SA No. |
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LA-1208077 |
AGTA Matters |
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LA-1208078R9 |
Advance Payment Matters |
SA-25 |
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LA-1208079R2 |
[*] |
SA-18 |
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LA-1208080 |
Assignment of Customer’s Interest to a Subsidiary or Affiliate |
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LA-1208081 |
Other Matters |
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LA-1208082 |
Demonstration Flight Waiver |
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HAZ-PA-03791 |
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BOEING PROPRIETARY |
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Enclosure 1
TABLE OF CONTENTS
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LA-1208083R4 |
[*] |
SA-17 |
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LA-1208084 |
Leasing Matters |
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LA-1208085 |
Liquidated Damages for Non-Excusable Delay |
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LA-1208086 |
Loading of Customer Software |
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LA-1208087R1 |
Open Matters for 737-8 and 000-0 Xxxxxxxx |
XX-0 |
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XX-0000000 |
Xxxxxxxxxxx Matters |
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LA-1208089R1 |
[*] |
SA-4 |
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LA-1208090R9 |
Special Matters for 737-8 and 000-0 Xxxxxxxx |
XX-00 |
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XX-0000000 |
XXXX Term Revisions for 737-8 and 737-9 Aircraft |
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LA-1208092 |
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LA-1208958 |
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LA-1208963 |
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XX-0 |
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XX-0000000 |
[*] |
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LA-1300032 |
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SA-4 |
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LA-1400773 |
[*] |
SA-4 |
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LA-1401489 |
[*] |
SA-4 |
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LA-1701519 |
Special Matters Related to [*] |
SA-10 |
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LA-1701714 |
Special Matters for 737-7 Aircraft |
SA-24 |
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LA-1704831 |
Special Matters Relating to [*] |
SA-14 |
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LA-1704362 |
[*] |
SA-15 |
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LA-1805016 |
[*] |
SA-18 |
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LA-1805303 |
[*] |
XX-00 |
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XXX-XX-00000 |
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Enclosure 2
Table 1A
to Purchase Agreement No. PA-03791
737-8 Block A [*] Aircraft Delivery, Description, Price and Advance Payments
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Airframe Model/MTOW: |
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737-8 |
181200 pounds |
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Detail Specification: |
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D019A007-B (5/18/2012) |
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Engine Model/Thrust: |
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CFM-LEAP-1B |
0 pounds |
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Airframe Price Base Year/Escalation Formula: |
[*] |
[*] |
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Airframe Price: |
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[*] |
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Engine Price Base Year/Escalation Formula: |
[*] |
[*] |
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Optional Features: |
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[*] |
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Sub-Total of Airframe and Features: |
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Airframe Escalation Data: |
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Engine Price (Per Aircraft): |
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Base Year Index (ECI): |
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Aircraft Basic Price (Excluding BFE/SPE): |
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Base Year Index (CPI): |
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Buyer Furnished Equipment (BFE) Estimate: |
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Seller Purchased Equipment (SPE) Estimate: |
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Refundable Deposit/Aircraft at Proposal Accept: |
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Manufacturer |
Escalation |
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Escalation Estimate |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
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Delivery |
Number of |
Serial |
Factor |
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P.A. |
Adv Payment Base |
[*] |
[*] |
[*] |
[*] |
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Date |
Aircraft |
No. |
(Airframe) |
Lessee |
Exhibit A |
Price Per A/P |
[*] |
[*] |
[*] |
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[*]-2018 |
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[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*]-2022 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
Total: |
63 |
|
|
|
|
|
|
|
|
|
|
[*] |
|||||
|
|
|||||
|
Manufacturer serial number is subject to change due to production changes. |
|
|
|
|
|
|
HAZ-PA-03791 60521, 63035 |
Boeing Proprietary |
SA-25 |
|
|
|
Page 3 of 3 |
Enclosure 3
Table 1B
to Purchase Agrement No. PA-03791
737-9 Block B [*] Aircraft Delivery, Description, Price and Advance Payments
|
Airframe Model/MTOW: |
|
737-9 |
194700 pounds |
|
Detail Specification: |
|
D019A007-B (5/18/2012) |
|
||
|
Engine Model/Thrust: |
|
CFM-LEAP-1B |
0 pounds |
|
Airframe Price Base Year/Escalation Formula: |
[*] |
[*] |
|||
|
Airframe Price: |
|
|
[*] |
|
Engine Price Base Year/Escalation Formula: |
[*] |
[*] |
|||
|
Optional Features: |
|
|
[*] |
|
|
|
|
|
|
|
|
Sub-Total of Airframe and Features: |
|
[*] |
|
Airframe Escalation Data: |
|
|
|
|||
|
Engine Price (Per Aircraft): |
|
[*] |
|
Base Year Index (ECI): |
|
[*] |
|
|||
|
Aircraft Basic Price (Excluding BFE/SPE): |
[*] |
|
Base Year Index (CPI): |
|
[*] |
|
||||
|
Buyer Furnished Equipment (BFE) Estimate: |
[*] |
|
|
|
|
|
|
|||
|
Seller Purchased Equipment (SPE) Estimate: |
[*] |
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
Refundable Deposit/Aircraft at Proposal Accept: |
[*] |
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufacturer |
Escalation |
|
|
Escalation Estimate |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
|||
|
Delivery |
Number of |
Serial |
Factor |
|
P.A. |
Adv Payment Base |
[*] |
[*] |
[*] |
[*] |
|
Date |
Aircraft |
No. |
(Airframe) |
Lessee |
Exhibit A |
Price Per A/P |
[*] |
[*] |
[*] |
[*] |
|
[*]-2019 |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
HAZ-PA-03791 60522-1F.TXT |
Boeing Proprietary |
SA-25 |
|
|
|
Page 1 of 2 |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*]-2022 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
Total: |
19 |
|
|
|
|
|
|
|
|
|
|
[*] |
||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufacturer serial number is subject to change due to production changes. |
||||||||||
|
HAZ-PA-03791 60522-1F.TXT |
Boeing Proprietary |
SA-25 |
|
|
|
Page 2 of 2 |
Enclosure 4
Table 1C
to Purchase Agreement No. PA-03791
737-8 Block C [*] Aircraft Delivery, Description, Price and Advance Payments
|
Airframe Model/MTOW: |
|
737-8 |
181,200 pounds |
|
Detail Specification: |
|
D019A008-J (1/16/2015) |
|
||
|
Engine Model/Thrust: |
|
CFMLEAP-1B25 |
25,000 pounds |
|
Airframe Price Base Year/Escalation Formula: |
[*] |
[*] |
|||
|
Airframe Price: |
|
|
[*] |
|
Engine Price Base Year/Escalation Formula: |
[*] |
[*] |
|||
|
Estimated Optional Features: |
|
[*] |
|
|
|
|
|
|
||
|
Sub-Total of Airframe and Features: |
|
[*] |
|
Airframe Escalation Data: |
|
|
|
|||
|
Engine Price (Per Aircraft): |
|
[*] |
|
Base Year Index (ECI): |
|
[*] |
|
|||
|
Aircraft Basic Price (Excluding BFE/SPE): |
[*] |
|
Base Year Index (CPI): |
|
[*] |
|
||||
|
Buyer Furnished Equipment (BFE) Estimate: |
[*] |
|
|
|
|
|
|
|||
|
Seller Purchased Equipment (SPE) Estimate: |
[*] |
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
Refundable Deposit/Aircraft at Proposal Accept: |
[*] |
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufacturer |
Escalation |
|
|
Escalation Estimate |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
|||
|
Delivery |
Number of |
Serial |
Factor |
|
P.A. |
Adv Payment Base |
[*] |
[*] |
[*] |
[*] |
|
Date |
Aircraft |
No. |
(Airframe) |
Lessee |
Exhibit A |
Price Per A/P |
[*] |
[*] |
[*] |
[*] |
|
[*]-2019 |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
1 |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
|
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
|
HAZ-PA-03791 73166-1F.TXT |
Boeing Proprietary |
SA-25 |
|
|
|
Page 1 of 2 |
|
[*] |
1 |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
|
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
|
[*] |
1 |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
|
[*]-2022 |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
|
Total: |
8 |
|
|
|
|
|
|
|
|
|
|
[*] |
||||||||||
|
* Manufacturer serial number is subject to change due to production changes. |
|
|
|
|
|
|
||||
|
[*] |
|
|
|
|
|
|
|
|
|
|
|
HAZ-PA-03791 73166-1F.TXT |
Boeing Proprietary |
SA-25 |
|
|
|
Page 2 of 2 |
Enclosure 5
Table 1H5 To
Purchase Agreement No. PA-03791
737-8 Block H5 [*] Aircraft Delivery, Description, Price and Advance Payments
|
Airframe Model/MTOW: |
|
737-8 |
181,200 pounds |
|
Detail Specification: |
|
D019A008-R (12/8/2017) |
|
|
|
Engine Model/Thrust: |
|
CFMLEAP-1B27 |
26,400 pounds |
|
Airframe Price Base Year/Escalation Formula: |
[*] |
[*] |
||
|
Airframe Price: |
|
|
[*] |
|
Engine Price Base Year/Escalation Formula: |
|
|
||
|
Optional Features: |
|
|
[*] |
|
|
|
|
|
|
|
Sub-Total of Airframe and Features: |
|
[*] |
|
Airframe Escalation Data: |
|
|
|
||
|
Engine Price (Per Aircraft): |
|
|
[*] |
|
Base Year Index (ECI): |
|
[*] |
|
|
|
Aircraft Basic Price (Excluding BFE/SPE): |
|
[*] |
|
Base Year Index (CPI): |
|
[*] |
|
||
|
Buyer Furnished Equipment (BFE) Estimate: |
|
[*] |
|
|
|
|
|
|
|
|
Seller Purchased Equipment (SPE) Estimate: |
|
[*] |
|
|
|
|
|
|
|
|
[*] Provided by Boeing (Estimate): |
|
[*] |
|
|
|
|
|
|
|
|
Deposit per Aircraft: |
|
|
[*] |
|
|
|
|
|
|
|
|
|
Manufacturer |
Escalation |
|
|
Escalation Estimate |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): |
|||
|
Delivery |
Number of |
Serial |
Factor |
Lessee |
P.A. |
Adv Payment Base |
[*] |
[*] |
[*] |
[*] |
|
Date |
Aircraft |
No. |
(Airframe) |
|
Exhibit A |
Price Per A/P |
[*] |
[*] |
[*] |
[*] |
|
[*]-2023 |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
HAZ-PA-03781 109141-1F.txt |
Boeing Proprietary |
SA-25 |
|
|
|
Page 1 |
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*] |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
|
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
[*]-2024 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
||||
|
Total: |
10 |
|
|
|
|
|
|
|
|
|
|
Manufacturer serial number is subject to change due to production changes. |
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[*] |
|
|
|
|
|
|
|
|
|
|
|
HAZ-PA-03781 109141-1F.txt |
Boeing Proprietary |
SA-25 |
|
|
|
Page 2 |
Enclosure 6
HAZ/[*] 737-8 AIRCRAFT CONFIGURATION [*]
between
THE BOEING COMPANY
and
AIR LEASE CORPORATION
Exhibit A19
to Purchase Agreement Number PA-03791
|
HAZ-PA-03791-EXA19 |
|
EXA Page 1 |
|
|
Boeing Proprietary |
|
|
|
|
SA-25 |
Enclosure 6
Exhibit A19
AIRCRAFT CONFIGURATION
Dated February 28, 2020
relating to
BOEING MODEL 737-8 AIRCRAFT
The Detail Specification is [*]. The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].
|
HAZ-PA-03791-EXA19 |
|
EXA Page 2 |
|
|
Boeing Proprietary |
|
|
|
|
SA-25 |
Boeing Proprietary
|
Exhibit A19 To |
||
|
|
|
|
|
Customer: |
HAZ-Air Lease Corporation [*] |
|
|
Model: |
737-8 |
|
|
Base Date: |
[*] |
|
|
PA No. 3791 SA-25 |
|
|
|
Exhibit A19 ([*] 737-8) |
Boeing Proprietary |
Page 1 of 1 |
Enclosure 7
HAZ/[*] 737-8 AIRCRAFT CONFIGURATION [*]
between
THE BOEING COMPANY
and
AIR LEASE CORPORATION
Exhibit A20
to Purchase Agreement Number PA-03791
|
HAZ-PA-03791-EXA20 |
|
EXA Page 1 |
|
|
Boeing Proprietary |
|
|
|
|
SA-25 |
Enclosure 7
Exhibit A20
AIRCRAFT CONFIGURATION
Dated February 28, 2020
relating to
BOEING MODEL 737-8 AIRCRAFT
The Detail Specification is [*]. The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].
|
HAZ-PA-03791-EXA20 |
|
EXA Page 2 |
|
|
Boeing Proprietary |
|
|
|
|
SA-25 |
Boeing Proprietary
|
Exhibit A20 To |
||
|
|
|
|
|
Customer: |
HAZ-Air Lease Corporation [*] |
|
|
Model: |
737-8 |
|
|
Base Date: |
[*] |
|
|
PA No. 3791 SA-25 |
|
|
|
Exhibit A20 ([*] 737-8) |
Boeing Proprietary |
Page 1 of 1 |
Enclosure 8
HAZ/[*] 737-8 AIRCRAFT CONFIGURATION [*]
between
THE BOEING COMPANY
and
AIR LEASE CORPORATION
Exhibit A21
to Purchase Agreement Number PA-03791
|
HAZ-PA-03791-EXA21 |
|
EXA Page 1 |
|
|
Boeing Proprietary |
|
|
|
|
SA-25 |
Enclosure 8
Exhibit A21
AIRCRAFT CONFIGURATION
Dated February 28, 2020
relating to
BOEING MODEL 737-8 AIRCRAFT
The Detail Specification is [*]. The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].
|
HAZ-PA-03791-EXA21 |
|
EXA Page 2 |
|
|
Boeing Proprietary |
|
|
|
|
SA-25 |
Boeing Proprietary
|
Exhibit A21 To |
||
|
|
|
|
|
Customer: |
HAZ-Air Lease Corporation [*] |
|
|
Model: |
737-8 |
|
|
Base Date: |
[*] |
|
|
PA No. 3791 SA-25 |
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Exhibit A21 ([*] 737-8) |
Boeing Proprietary |
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Enclosure 9
HAZ/[*] 737-9 AIRCRAFT CONFIGURATION [*]
between
THE BOEING COMPANY
and
AIR LEASE CORPORATION
Exhibit A22
to Purchase Agreement Number PA-03791
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HAZ-PA-03791-EXA22 |
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EXA Page 1 |
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Boeing Proprietary |
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SA-25 |
Enclosure 9
Exhibit A22
AIRCRAFT CONFIGURATION
Dated February 28, 2020
relating to
BOEING MODEL 737-9 AIRCRAFT
The Detail Specification is [*]. The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].
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HAZ-PA-03791-EXA22 |
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EXA Page 2 |
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Boeing Proprietary |
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SA-25 |
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Exhibit A22 To |
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Customer: |
HAZ-Air Lease Corporation [*] |
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Model: |
737-9 |
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Base Date: |
[*] |
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PA No. 3791 SA-25 |
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Exhibit A22 ([*] 737-9) |
Boeing Proprietary |
Page 1 of 1 |
Enclosure 10
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The Boeing Company X.X. Xxx 0000 Xxxxxxx, XX 00000 2207 |
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HAZ-PA-03791-LA-1208078R9
Air Lease Corporation
0000 Xxxxxx xx xxx Xxxxx, Xxxxx 0000X
Xxx Xxxxxxx, XX 00000
Subject: Advance Payment Matters
Reference: Purchase Agreement No. PA-03791 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 737-8 and 737-9 aircraft (Aircraft)
This letter agreement (Letter Agreement) cancels and supersedes all previous versions with an acceptance date prior to the acceptance date indicated below and amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.
The Purchase Agreement incorporates the terms and conditions of HAZ-AGTA between Boeing and Customer. This Letter Agreement modifies certain terms and conditions of the AGTA with respect to the Aircraft.
1. Deferred Advance Payment Schedule.
1.1 Notwithstanding the Aircraft advance payment schedule provided in Table 1 of the Purchase Agreement, Customer may elect to pay an alternative fixed advance payment schedule for the Aircraft, as set forth below (Alternative Advance Payment Schedule).
[*]
1.2 [*]
2. [*]
3. [*]
4. [*]
5. Assignment.
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SA-25 |
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BOEING PROPRIETARY |
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Enclosure 10
Notwithstanding any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer taking title to the Aircraft at the time of delivery and leasing the Aircraft and cannot be assigned in whole or, in part.
6. Confidential Treatment.
Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties. Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 6) without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this paragraph 6. Customer shall be fully responsible to Boeing for compliance with such obligations.
Very truly yours,
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THE BOEING COMPANY |
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By |
/s/ Xxxxxx Xxxx |
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Its |
Attorney-in-fact |
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ACCEPTED AND AGREED TO this |
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Date: |
February 28, 2020 |
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AIR LEASE CORPORATION |
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By |
/s/ Xxxxx Xxxx |
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Its |
Executive Vice President |
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HAZ-PA-03791-LA-1208078R9 |
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SA-25 |
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Advance Payment Matters |
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Page 2 |
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BOEING PROPRIETARY |
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