AMENDMENT No. 20 TO PURCHASE AGREEMENT DCT-014/2004
Exhibit
10.39(t)
CONFIDENTIAL
TREATMENT
REQUESTED
PURSUANT TO RULE 24b-2
Execution
Version
Certain
portions of this exhibit have been omitted pursuant to a request for
confidential treatment under Rule 24b-2 of the Securities Exchange Act of
1934. The omitted materials have been filed separately with the
Securities and Exchange Commission.
AMENDMENT
No. 20 TO PURCHASE AGREEMENT DCT-014/2004
This
Amendment No. 20 to Purchase Agreement DCT-014/2004, dated as of October 18,
2007 (“Amendment No. 20”) relates to the Purchase Agreement DCT-014/2004 (the
“Purchase Agreement”) between Embraer - Empresa Brasileira de Aeronáutica S.A.
(“Embraer”) and Republic Airline Inc. (“Buyer”) dated March 19, 2004 as amended
from time to time (collectively referred to herein as “Agreement”). This
Amendment No. 20 is between Embraer and Buyer, collectively referred to herein
as the “Parties”.
This
Amendment No. 20 sets forth additional agreements between Embraer and Buyer
relative to the confirmation of 11 Option EMBRAER 170 Aircraft into 11 Firm
Aircraft, addition of 11 Option EMBRAER 170 and changes on the Firm and Option
Aircraft delivery schedules.
Except
as
otherwise provided for herein all terms of the Purchase Agreement shall remain
in full force and effect. All capitalized terms used in this Amendment No.
20,
which are not defined herein shall have the meaning given in the Purchase
Agreement. In the event of any conflict between this Amendment No. 20 and the
Purchase Agreement the terms, conditions and provisions of this Amendment No.
20
shall control.
WHEREAS,
in connection with the Parties’ agreement above mentioned, the Parties have now
agreed to amend the Purchase Agreement as provided for below:
NOW,
THEREFORE, for good and valuable consideration which is hereby acknowledged
Embraer and Buyer hereby agree as follows:
1.
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Subject:
Article 2 of the Purchase Agreement is hereby deleted and
replaced as follows:
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“Subject
to the terms and conditions of this Agreement:
2.1
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Embraer
shall sell and deliver and Buyer shall purchase and take delivery
of
forty-eight (48) EMBRAER 170 Aircraft and fifty-four (54) EMBRAER
175
Aircraft ***;
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2.2
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Embraer
shall provide to Buyer the Services and the Technical Publications;
and
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2.3
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Buyer
shall have the option to purchase up to 74 Option EMBRAER 170 Aircraft,
in
accordance with Article 23.”
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2.
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Price
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2.1
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Article
3.1 of the Purchase Agreement is hereby deleted and replaced by the
following:
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"3.1
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Buyer
agrees to pay Embraer, subject to the terms and conditions of this
Agreement, in United States dollars, the following amount per unit
Basic
Prices:
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***
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***
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***
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***
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***
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***
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Notes:
(1)
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Aircraft
EMBRAER 170 #1 to #48 were already
delivered;
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(2)
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***
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*
Confidential
3.
Firm Aircraft:
3.1
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Delivery:
The table containing the delivery schedule in Article 5.1 of the
Purchase
Agreement shall be deleted in its entirety and replaced with the
following:
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“Firm
A/C
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Delivery
Month
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***
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***
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Firm
A/C
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Delivery
Month
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***
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***
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49
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Jan
07
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***
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***
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***
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***
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***
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***
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50
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51
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***
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52
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***
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53
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54
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55
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***
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56
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57
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58
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59
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***
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60
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61
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62
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***
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***
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63
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***
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***
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64
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***
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***
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65
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***
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***
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66
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***
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***
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***
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***
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***
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***
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***
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67
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***
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***
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***
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***
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***
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***
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***
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68
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***
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***
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***
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***
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69
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***
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***
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***
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70
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71
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***
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72
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73
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74
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75
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***
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102
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Feb
09
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***
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***
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Note:
The
first 48 XXXXXXX 000 Xxxxxxxx (Xxxxxxxx #0 xx # 00) were already
delivered.
__________
*
Confidential
4. Payment:
4.1
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The
penultimate sentence of the last paragraph of Article 4.1 is hereby
deleted and replaced as follows:
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“Any
progress payment for *** otherwise be due *** shall be due ***
5.
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Option
Aircraft:
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5.1
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The
opening paragraph of Article 23 and delivery schedule table of the
Purchase Agreement are hereby deleted and replaced by the
following:
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“Buyer
shall have the option to purchase up to 74 additional Option Aircraft, to be
delivered on the last day of the applicable month set forth below or such
earlier date in such month specified pursuant to Article 7.1:
Option
A/C
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Delivery
Month
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Option
A/C
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Delivery
Month
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Option
A/C
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Delivery
Month
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1
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Mar
09
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26
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***
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51
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***
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2
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***
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27
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***
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52
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***
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3
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***
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28
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53
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4
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29
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54
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5
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30
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55
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6
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31
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56
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7
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32
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57
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8
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33
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58
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9
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34
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59
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10
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35
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60
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11
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36
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61
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12
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37
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62
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13
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***
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38
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63
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14
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***
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39
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***
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64
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***
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15
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***
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40
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***
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65
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***
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16
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***
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41
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***
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66
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***
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17
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***
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42
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***
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67
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***
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18
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***
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43
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***
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68
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***
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19
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***
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44
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***
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69
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***
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20
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***
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45
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***
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70
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***
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21
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***
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46
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***
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71
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***
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22
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***
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47
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***
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72
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***
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23
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***
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48
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***
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73
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***
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24
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***
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49
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***
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74
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Apr
13
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25
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***
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50
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***
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6.
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Attachment
A-2: Attachment “A-2” to the Purchase Agreement is
hereby deleted and replaced with Attachment “A-2” to this Amendment No.
20.
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7.
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Miscellaneous:
All other provisions of the Agreement which have not been
specifically amended or modified by this Amendment No. 20 shall remain
valid in full force and effect without any
change.
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__________
*
Confidential
IN
WITNESS WHEREOF, EMBRAER and BUYER, by their duly authorized officers, have
entered into and executed this Amendment No. 20 to Purchase Agreement to be
effective as of the date first written above.
EMBRAER
– Empresa Brasileira de Aeronáutica S.A.
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Republic
Airline Inc.
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By
/s/ Xxxxxx Xxxxxx
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By
Xxxxx Xxxxxxx
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Name:
Xxxxxx Xxxxxx
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Name:
Xxxxx Xxxxxxx
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Title:
Executive Vice President & General Counsel
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Title:
President
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By
/s/ Xxxx
Xxxx
X. Xxxxxx
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Name:
Xxxx
Xxxx X. Xxxxxx
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Title:
Vice President Contracts Airline Market
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Date:
October 18, 2007
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Date: October 18, 2007
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Place: San Xxxx Dos Xxxxxx, X.X. |
Place:
Indianapolis, IN
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Witness: Xxxxxxxx Xxxxx | Witness: Lars - Xxxx Xxxxxx | |
Name: Xxxxxxxx Xxxxx | Name: Lars - Xxxx Xxxxxx |
ATTACHMENT
"A-2" - EMBRAER 175 AIRCRAFT CONFIGURATION
Delta
Configuration
1.
EMBRAER 175 CONFIGURATION
EMBRAER
175 Standard Aircraft
The
EMBRAER 175 Aircraft shall be manufactured according to (i) the standard
configuration specified in the Technical Description TD-175 Rev. 9 dated June
2007, which although not attached hereto, is incorporated herein by reference,
and (ii) the characteristics described in the items below.
2.
EMBRAER 175 Optional Equipment
The
EMBRAER 175 Aircraft will also be fitted with the following options selected
by
Buyer:
2.1 Aircraft
Model and Engines
a)
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EMBRAER
175 LR ***
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b)
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GE
CF34-8E5 Engines
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2.2
Options By Ata Chapter
***
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***
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__________
*
Confidential
ATTACHMENT
"A-2" - EMBRAER 175 AIRCRAFT CONFIGURATION
Delta Configuration
2.3
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EMBRAER 175 Interior Configuration (76 seats) |
***
3.
FINISHING
The
Aircraft will be delivered to Buyers as follows:
3.1
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EXTERIOR
FINISHING:
|
The
fuselage of the Aircraft shall be painted according to Buyer’s color and paint
scheme which shall be supplied to Embraer by Buyer on or before *** to the
relevant Aircraft Contractual Delivery Date.
The
wings
and the horizontal stabilizer of all Aircraft shall be supplied in the standard
colors, i.e., xxxx BAC707.
3.2
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INTERIOR
FINISHING:
|
Buyer
shall inform Embraer on or before *** prior to the relevant Aircraft Contractual
Delivery Date of its choice of materials and colors of all and any item of
interior finishing such as seat covers, carpet, floor lining on galley areas,
side walls and overhead lining, galley lining and curtain. The above-mentioned
schedule for definition of interior finishing shall only be applicable if Buyer
selects its materials from the choices offered by and available at Embraer.
In
case Buyer opts to use different materials and or patterns, such schedule shall
be mutually agreed between the Parties at the time of signature of the Purchase
Agreement.
3.3
|
BUYER
FURNISHED AND BUYER INSTALLED EQUIPMENT (BFE and
BIE):
|
Buyer
may
choose to have carpets, tapestries, seat covers and curtain fabrics supplied
to
Embraer for installation in the Aircraft as BFE. Materials shall conform to
the
required standards and comply with all applicable regulations and airworthiness
requirements. Delays in the delivery of BFE equipment or quality restrictions
that prevent the installation thereof in the time frame required by the Aircraft
manufacturing process shall entitle Embraer to either delay the delivery of
the
Aircraft or present the Aircraft to Buyer without such BFE, in which case Buyer
shall not be entitled to refuse acceptance of the Aircraft. All BFE equipment
shall be delivered to Embraer in DDP – Embraer facilities in São Xxxx dos
Xxxxxx, XX, Brazil (Incoterms 2000) conditions.
The
Aircraft galleys have provisions for the following BIE items that, unless timely
agreed by the Parties, are not supplied or installed by Embraer: Trolleys,
ovens, coffee makers, hot jugs and standard units.
4. | REGISTRATION MARKS AND TRANSPONDER CODE |
The
Aircraft shall be delivered to Buyer with the registration marks painted on
them. The registration marks and the transponder code shall be supplied to
Embraer by Buyer no later than *** before each relevant Aircraft Contractual
Delivery Date.
IT
IS HEREBY AGREED AND UNDERSTOOD BY THE PARTIES THAT IF THERE IS ANY CONFLICT
BETWEEN THE TERMS OF THIS ATTACHMENT “A-2” AND THE TERMS OF THE TECHNICAL
DESCRIPTION ABOVE REFERRED, THE TERMS OF THIS ATTACHMENT “A-2” SHALL
PREVAIL.
__________
*
Confidential