Supplemental Agreement No. 08 to Purchase Agreement Number PA-03784 Between The Boeing Company and United Airlines, Inc. Relating to Boeing Model 737 Aircraft
Exhibit 10.7
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. 08
to
Purchase Agreement Number PA-03784
Between
The Boeing Company
and
Relating to Boeing Model 737 Aircraft
THIS SUPPLEMENTAL AGREEMENT is entered into as of June 12, 2015 by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (formerly known as Continental Airlines, Inc. and successor by merger to United Air Lines, Inc.) (Customer);
WHEREAS, the parties hereto entered into Purchase Agreement Number PA-03784 dated July 12, 2012 (Purchase Agreement), as amended and supplemented, relating to the purchase and sale of Boeing Model 737 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement;
WHEREAS, Boeing and Customer agree to ***:
Delivery Month |
Serial Number | |
*** | *** |
WHEREAS, Boeing and Customer agree to ***:
Delivery Month |
Serial Number | |
*** | *** |
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Agreement as follows:
1. | Table of Contents, Articles, Tables, Exhibits, and Letter Agreements: |
1.1 The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-8”).
1.2 “Table 1”, 737-900ER Aircraft Delivery, Description, Price and Advance Payments, is deleted in its entirety and replaced with the attached “Table 1”, 737-900ER Aircraft Delivery, Description, Price and Advance Payments (identified by “SA-8”).
1.3 “Attachment A to Letter Agreement UAL-PA-03784-LA-1207879” is deleted in its entirety and replaced with the attached “Attachment A to Letter Agreement UAL-PA-03784-LA-1207879” (identified by “SA-8”).
P.A. 03784 |
SA 8-1 | |||
UAL |
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
Supplemental Agreement No. 08 to
Purchase Agreement PA-03784
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.
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 |
P.A. 03784 |
SA 8-2 | |||
UAL |
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
TABLE OF CONTENTS
SA Number | ||||
ARTICLES |
||||
Article 1. | Quantity, Model and Description | |||
Article 2. | Delivery Schedule | |||
Article 3. | Price | |||
Article 4. | Payment | |||
Article 5. | Additional Terms | |||
TABLE |
||||
1. | Aircraft Information Table | SA-8 | ||
EXHIBIT |
||||
A. | Aircraft Configuration | |||
B. | Aircraft Delivery Requirements and Responsibilities | |||
SUPPLEMENTAL EXHIBITS |
||||
AE1. | Escalation Adjustment/Airframe and Optional Features | |||
BFE1. | BFE Variables | |||
CS1. | Customer Support Variables | |||
EE1. | Engine Escalation, Engine Warranty *** | |||
SLP1. | Service Life Policy Components |
UAL-PA-03784 |
SA-8 Page 1 | |||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
SA Number | ||||
LETTER AGREEMENTS |
TITLE | |||
UAL-PA-03784-LA-1207868 | Performance Guarantees | |||
UAL-PA-03784-LA-1207870 | Spare Parts Initial Provisioning | |||
UAL-PA-03784-LA-1207871 | Special Matters | |||
UAL-PA-03784-LA-1207878 | Demonstration Flight Waiver | |||
UAL-PA-03784-LA-1207879R2 | Option Aircraft | XX-0 | ||
Xxxxxxxxxx X | XX-0 | |||
XXX-XX-00000-XX-0000000 | Seller Purchased Equipment | |||
UAL-PA-03784-LA-1208155R1 | *** Matters | XX-0 | ||
XXX-XX-00000-XX-0000000 | *** | |||
UAL-PA-03784-LA-1208172 | *** | |||
UAL-PA-03784-LA-1208173 | *** | |||
UAL-PA-03784-LA-1207869 | 737 Production Adjustments | |||
UAL-PA-03784-LA-1208938 | Privileged and Confidential Matters | |||
UAL-PA-03784-LA-1209039 | Aircraft Model Substitution | |||
UAL-PA-03784-LA-1209115 | *** | |||
UAL-PA-03784-LA-1300306 | Aircraft Reschedule – January 2014 to February 0000 | XX-0 | ||
XXX-XX-00000-XX-0000000 | Aircraft Rescheduling of *** | XX-0 |
XXX-XX-00000 |
XX-0 Page 2 | |||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
DATED AS OF | ||||
Supplemental Agreement No. 01 |
September 27, 2012 | |||
Supplemental Agreement No. 02 |
March 1, 2013 | |||
Supplemental Agreement No. 03 |
June 27, 2013 | |||
Supplemental Agreement No. 04 |
September 11, 2013 | |||
Supplemental Agreement No. 05 |
March 3, 2014 | |||
Supplemental Agreement No. 06 |
June 6, 2014 | |||
Supplemental Agreement No. 07 |
May 26, 2015 | |||
Supplemental Agreement No. 08 |
June 12, 2015 |
UAL-PA-03784 |
XX-0 Xxxx 0 | |||
XXXXXX / XXXXXX XXXXXXXX, INC. PROPRIETARY |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
Airframe Model/MTOW: | 737-900ER | *** pounds | Detail Specification: | *** | ||||||||
Engine Model/Thrust: | CFM56-7B*** | *** 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: | $*** | |||||||||||
Deposit per Aircraft: | $*** |
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Serial Number |
Escalation Forecast |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
*** | *** | *** | *** | |||||||||||||||
*** |
*** |
*** |
*** | |||||||||||||||
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Boeing / United Airlines, Inc. Proprietary |
SA-8, Page 1 |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Serial Number |
Escalation Forecast |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
*** | *** | *** | *** | |||||||||||||||
*** |
*** |
*** |
*** | |||||||||||||||
*** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
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*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
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Boeing / United Airlines, Inc. Proprietary |
SA-8, Page 2 |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Serial Number |
Escalation Forecast |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
*** | *** | *** | *** | |||||||||||||||
*** |
*** |
*** |
*** | |||||||||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
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Boeing / United Airlines, Inc. Proprietary |
SA-8, Page 3 |
Table 1 To
Purchase Agreement No. 03784
737-900ER Aircraft Delivery, Description, Price and Advance Payments
Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Serial Number |
Escalation Forecast |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
*** | *** | *** | *** | |||||||||||||||
*** |
*** |
*** |
*** | |||||||||||||||
*** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
Total: |
70 |
* | *** Escalation Factors *** |
** | *** Escalation Factors *** |
*** | *** Escalation Factor *** |
+ | *** Escalation Factor *** |
++ | *** Escalation Factor *** |
Note: Serial Numbers are provided as guidance only and are subject to change.
Boeing / United Airlines, Inc. Proprietary |
SA-8, Page 4 |
Attachment A to
Letter Agreement UAL-PA-03784-LA-1207879
737-900ER Option Aircraft Delivery, Description, Price and Advance Payments
Airframe Model/MTOW: |
737-900ER | *** pounds | Detail Specification: |
*** | ||||||||||
Engine Model/Thrust: |
CFM56-7B*** | *** 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: |
$*** | |||||||||||||
Deposit per Aircraft: |
$*** |
Delivery |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||
*** *** |
*** *** |
*** *** |
*** *** | |||||||||||
*** |
*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** |
*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** |
*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** |
*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** |
*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
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*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
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*** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
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*** | *** | $*** | $*** | $*** | $*** | $*** |
APR 60652 UAL-PA-03784 |
Boeing / United Airlines, Inc. Proprietary | XX-0, Xxxx0 |
Attachment A to
Letter Agreement UAL-PA-03784-LA-1207879
737-900ER Option Aircraft Delivery, Description, Price and Advance Payments
Delivery |
Number of Aircraft |
Escalation Factor (Airframe) |
Escalation Estimate Adv Payment Base Price Per A/P |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||
*** *** |
*** *** |
*** *** |
*** *** | |||||||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
*** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||
Total: | *** |
APR 60652 UAL-PA-03784 |
Boeing / United Airlines, Inc. Proprietary |
SA-8, Page 2 |