AMENDED AND RESTATED LETTER AGREEMENT NO. 1
Exhibit 10.2(b)
INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 1
As of January 11, 2024
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 1 (“Letter Agreement No. 1”) cancels and replaces the amended and restated Letter Agreement No. 1 entered into between the Buyer and the Seller on July 30, 2020.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 1 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 1 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 1.
Both parties agree that this Letter Agreement No. 1 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 1 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 1 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 1 shall govern.
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1 CREDIT MEMORANDA
1.1 A330-900 Aircraft
1.1.1 In respect of each A330-900 Aircraft that is sold by the Seller and purchased by the Buyer, the Seller shall provide to the Buyer the following [***]
(i) [***],
(ii) [***],
(iii) [***],
(iv) [***],
(v) [***],
(vi) [***],
(vii) [***],
(viii) [***], and
(ix) [***].
[***].
[***]
1.1.2 The A330-900 Aircraft [***]
1.1.3 The A330-900 Aircraft [***]
1.1.4 [***]
[***]:
[***]
1.1.5 [***]
1.1.6 [***]
1.1.7 [***]
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1.1.8 [***]
1.1.9 [***]
1.1.10 [***]
[***]:
(i) [***]
(ii) [***]
[***]
1.1.11 2018 A330-900 Aircraft [***]
In respect only of each 2018 A330-900 Aircraft that is sold by the Seller and purchased by the Buyer, [***], the Seller shall provide to the Buyer the following [***]
(i) [***]
(ii) [***]
(iii) [***]
1.1.12 [***]
1.1.13 In respect of each 2018 A330-900 Aircraft that is sold by the Seller and purchased by the Buyer, the Seller [***].
1.1.14 The 2018 A330-900 Aircraft [***].
1.1.15 [***]
1.1.16 Intentionally Left Blank
1.2 A350-900 Aircraft
1.2.1 In respect of each A350-900 Aircraft that is sold by the Seller and purchased by the Buyer, the Seller shall provide to the Buyer the following [***]
(i) [***]
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(ii) [***]
(iii) [***]
(iv) [***]
(v) [***]
(vi) [***]
(vii) [***]
(viii) [***]
1.2.2 [***]
1.2.3 [***]
1.2.4 [***]
[***]
(i) [***]
(ii) [***]
1.2.5 [***]
1.2.6 [***]
1.2.7 [***]
[***]
[***]
[***]
1.2.8 [***]
[***]
[***]
[***]
1.2.9 [***]
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[***]
(i) [***], and
(ii) [***]
[***]
1.2.10 [***]
In respect only of each 2020 A350-900 Aircraft that is sold by the Seller and purchased by the Buyer[***], the Seller shall [***]
[***]
[***]
[***]
1.3 A350-1000 Aircraft
1.3.1 In respect of each A350-1000 Aircraft that is sold by the Seller and purchased by the Buyer, the Seller shall [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
(v) [***]
1.3.2 The A350-1000 Aircraft [***]
1.3.3 The A350-1000 Aircraft [***]
1.4 [***]
1.4.1 [***]
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1.4.2 [***]
1.5 [***]
[***]
1.6 [***]
2 [***]
2.1 [***]
2.2 [***]
2.3 [***]
2.4 [***]
3 ASSIGNMENT
This Letter Agreement No. 1 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
4 CONFIDENTIALITY
This Letter Agreement No. 1 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
5 COUNTERPARTS
This Letter Agreement No. 1 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 2
As of January 11, 2024
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 2 (“Letter Agreement No. 2”) cancels and replaces the amended and restated Letter Agreement No. 2 entered into between the Buyer and the Seller on April 14, 2023.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 2 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 2 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 2.
Both parties agree that this Letter Agreement No. 2 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 2 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 2 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 2 shall govern.
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1 [***]
Subclauses 5.2.1, 5.2.2 and 5.2.3 of the Agreement are deleted in their entirety and replaced with the following text:
[***]
[***]
[***]
[***]
[***]:
(a) [***]
(b) [***]
[***]
[***]
[***]
(i) [***]
[***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
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[***] | [***] | ||||
[***] | [***] |
[***]
(ii) [***]
[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
and,
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(b) [***]
(iii) [***]
[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
and,
(b) [***]
(iv) [***]
[***]
(a) [***]
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
and,
(b) [***]
(v) [***]
[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
and,
(b) [***]
(vi) [***]
[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
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[***] | [***] | ||||
[***] | [***] |
and,
(b) [***]
[***]
(i) [***]
[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
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and,
(b) [***]
(ii) [***]
[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
and,
(b) [***]
(iii) [***]
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[***]
(a) [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
and,
(b) [***]
(iv) [***]
[***]
[***] | [***] |
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
[***]
5.2.3.2 [***]
[***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
[***]
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[***]
[***]
[***]
[***]
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
[***]
[***]
2 ASSIGNMENT
This Letter Agreement No. 2 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
3 CONFIDENTIALITY
This Letter Agreement No. 2 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
4 COUNTERPARTS
This Letter Agreement No. 2 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
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Appendix 1: [***]
[***]
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
LETTER AGREEMENT NO. 3
As of January 11, 2024
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 3 (“Letter Agreement No. 3”) certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 3 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 3.
Both parties agree that this Letter Agreement No. 3 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 3 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 3 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 3 shall govern.
0. [***]
1. [***]
1.1 [***]
1.1.1 [***]
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1.1.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
1.1.3 [***]
[***]
1.1.4 [***]
[***]
1.2 [***]
1.2.1 [***]
(i) [***]
(ii) [***]
(iii) [***]
1.2.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
1.2.3 [***]
[***]
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1.2.4 [***]
[***]
2. [***]
2.1 [***]
2.1.1 [***]
[***]
[***]
[***]
2.1.2 [***]
2.1.3 [***].
2.2 [***]
2.2.1 [***]
[***]
[***]
[***]
2.2.2 [***]
2.2.3 [***]
3. [***]
3.1 [***]
3.1.1 [***]
3.1.2 [***]
(i) [***]
(ii) [***]
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(iii) [***]
(iv) [***]
3.1.3 [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
3.2 [***]
3.2.1 [***]
[***]
3.2.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
3.2.3 [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
4. [***]
(i) [***]
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(ii) [***]
(iii) [***]
(iv) [***]
5. [***]
5.1 [***]
5.1.1 [***]
(i) [***]
(ii) [***]
5.1.2 [***]
5.1.3 [***]
5.1.4 [***]
5.2 [***]
5.2.1 [***]
5.2.2 [***]
5.2.3 [***]
5.2.4 [***]
5.2.5 [***]
6. [***]
[***]
7. [***]
7.1 [***]
7.2 [***]
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7.3 [***]
8. ASSIGNMENT
This Letter Agreement No. 3 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
9. CONFIDENTIALITY
This Letter Agreement No. 3 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
10. COUNTERPARTS
This Letter Agreement No. 3 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
CT1404840 LA 3 [***] | ||
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 4
As of January 11, 2024
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350-900 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 4 (“Letter Agreement No. 4”) cancels and replaces the amended and restated Letter Agreement No. 4 entered into between the Buyer and the Seller on June 14, 2022.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 4 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 4 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 4.
Both parties agree that this Letter Agreement No. 4 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 4 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 4 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 4 shall govern.
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1. [***]
The Seller hereby grants to the Buyer the following flexibility rights [***]
1.1 A330-900 Flexibility
1.1.1 [***]
1.1.1.1 The Seller grants the Buyer the right to [***] certain firmly ordered A330-900 [***] subject to the following [***]:
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
1.1.1.2 [***]
[***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
1.1.1.3 [***]
[***]
(i) [***]
(ii) [***]
1.1.1.4 [***]
1.1.1.4.1 [***]
(i) [***]
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(ii) [***]
[***]
(a) [***]
(b) [***]
(c) [***]
1.1.1.4.2 [***]
1.1.1.4.3 [***]
1.1.2 Intentionally Left Blank
1.2 A350-900 Flexibility
1.2.1 [***]
1.2.1.1 [***]
(i) [***]
(ii) [***]
(iii) [***]
1.2.1.2 [***]
[***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
1.2.1.3 [***]
[***]
(i) [***], and
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(ii) [***]
[***]
1.2.2 [***]
1.2.2.1
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
1.2.2.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
1.2.2.3 [***]
[***]
(i) [***]
(ii) [***]
1.2.3 Intentionally Deleted
1.2.4 [***]
1.2.5 [***]
1.2.5.1 [***]
(i) [***]
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1.2.5.2 [***]
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(i) [***]
(ii) [***]
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(i) [***]
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1.2.5.3 [***]
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(ii) [***]
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(b) [***]
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(i) [***]
(ii) [***]
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(iii) [***]
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(v) [***][***]
(vi) [***]
1.2.5.4 [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
1.2.6 [***]
1.2.6.1 [***]
(i) [***]
(a) [***]
(b) [***]
(ii) [***]
(iii) [***]
(a) [***]
(b) [***]
(iv) [***]
(v) [***]
1.2.6.2 [***]
[***]
(i) [***]
(ii) [***]
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(iv) [***]
1.2.6.3 [***]
[***]
(i) [***]
(ii) [***]
1.3 General Provisions Applicable to Flexibility Rights
1.3.1 [***]
1.3.2 [***]
[***]
[***]
[***]
[***]
1.3.3 [***]
1.3.4 [***]
2. [***]
2.1 Intentionally Deleted.
2.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
2.3 [***]
(i) [***]
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2.4 [***]
(i) [***]
(ii) [***]
(iii) [***]
2.5 [***]
[***]
(i) [***]
(ii) [***]
(iii) [***]
[***]
3. ASSIGNMENT
This Letter Agreement No. 4 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
4. CONFIDENTIALITY
This Letter Agreement No. 4 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
5. COUNTERPARTS
This Letter Agreement No. 4 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 5
As of January 11, 2024
Delta Air Lines, Inc.
1000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350-900 Aircraft Purchase Agreement on November 24, 2014 (as amended, modified or supplemented from time to time the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement. Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.
This amended and restated Letter Agreement No. 5 (hereinafter referred to as the “Letter Agreement”), dated as of the date hereof, cancels and replaces the amended and restated Letter Agreement No. 5 entered into between the Buyer and the Seller on September 18, 2023.
Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.
1 [***]
1.1 [***]
1.1.1 [***]
[***]
[***]
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1.1.2 [***]
1.1.3 [***]
1.2 [***]
1.2.1 [***]
1.2.2 [***]
2 [***]
2.1 Intentionally Left Blank
2.1.1 Intentionally Left Blank
2.1.2 Intentionally Left Blank
2.1.3 Intentionally Left Blank
2.2 [***]
2.3 [***]
[***]
2.4 [***]
[***]
2.5 [***]
[***]
2.6 [***]
[***]
2.7 [***]
[***]
2.8 [***]
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2.9 [***]
[***].
2.10 [***]
2.10.1 [***]
[***]
[***]
[***]
[***]
2.10.2 [***]
[***]
2.10.3 [***]
[***]
2.10.4 [***]
2.10.5 [***]
3 [***]
3.1 [***]
3.2 [***]
3.3 [***]
3.4 [***]
4 CLAUSE 2 – SPECIFICATION
Subclauses 2.2 and 2.3 of the Agreement are deleted in their entirety and replaced with Subclause 2.2 and Subclause 2.3 attached hereto as Appendix 4.
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5 [***]
5.1 [***]
5.2 [***]
5.3 [***]
5.4 [***]
5.5 [***]
5.6 [***]
5.7 [***]
6 ASSIGNMENT
This Letter Agreement and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
7 CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Subclause 22.7 of the Agreement.
8 COUNTERPARTS
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President - Fleet
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APPENDIX 1
[***]
[***]
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APPENDIX 2
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APPENDIX 3
[***]
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Appendix 4
[***][***]
2.2 A350 Aircraft Specification
2.2.1 A350-900 Aircraft Specification
The A350-900 Aircraft shall be manufactured in accordance with the A350-900 Standard Specification, as may already have been modified or varied prior to the date of the Agreement by the Specification Change Notices listed in Exhibit A-4.
2.2.1.1 [***]
[***]
2.2.1.2 A350XWB Family Aircraft – Comprehensive Offer
In addition to the A350-900 Standard Specification and for the purpose of offering a comprehensive view of the available standard and optional A350XWB Family Aircraft features at the current stage of the development process, the Seller has also issued an A350XWB Family Aircraft Description Document. This document includes, in addition to the basic aircraft features and functionalities set forth in the A350-900 Standard Specification under sections marked “Customization”, the options foreseen at the date hereof. For the sake of clarity, it is agreed and understood that such options constitute the Seller’s customization offer. When such options call for the installation of equipment, such equipment shall be either SFE, ACS Equipment or BFE, as applicable at the time of customization of the A350-900 Aircraft.
2.2.1.3 The appendix to the A350XWB Family ADD lists the equipment that shall be ACS Equipment. Such ACS Equipment shall be supplied by manufacturers qualified by the Seller as ACS Suppliers. Those contracted at the date hereof are listed in the A350XWB Family ADD. The Buyer shall select the ACS Equipment from the A350XWB Family ADD applicable at the time of the corresponding customization, by the dates specified in the A350-900 Customization Milestone Chart. The Buyer shall confirm its selection by written notice to the Seller by the date set forth in the A350-900 Customization Milestone Chart, which will be subsequently formalized through the SCN process described in Subclause 2.3.1.
The Seller shall purchase and take title to the ACS Equipment. The Seller shall place the purchase order for the ACS Equipment either:
(a) at the price and associated price revision conditions jointly notified to the Seller by the Buyer and the ACS Supplier, or
(b) at the catalogue price applicable to such ACS Equipment at the time of the order.
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[***]
The format and recipient of the above notification shall be indicated to the Buyer during the customization process.
2.2.1.4 Without prejudice to Subclause 22.11 of the Agreement, in the event of any inconsistency between the terms of this Agreement and the terms contained in the A350-900 Standard Specification, the terms of this Agreement shall prevail over the terms of the A350-900 Standard Specification, to the extent of such inconsistency. For the purpose of this Subclause 2.2.1.4, the term Agreement shall not include the A350-900 Standard Specification.
2.2.2 A350-900 Aircraft Propulsion Systems
The A350-900 Airframe shall be equipped with a set of two (2) Trent-XWB84 engines (the “A350-900 Propulsion Systems”). The A350-900 Propulsion Systems designation is received from the Propulsions Systems Manufacturer and is subject to amendment by the Propulsion Systems Manufacturer at any time prior to the Delivery Date. If the Propulsion Systems Manufacturer makes any such amendment related to the designation, the amendment related to the designation shall be automatically incorporated into this Agreement and the Propulsion Systems designation shall be adjusted accordingly. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Propulsion Systems Manufacturer.
2.2.3 A350-900 Aircraft Milestones
2.2.3.1 A350-900 Contractual Definition Freeze Date
The A350-900 Customization Milestone Chart defined in Subclause 2.2.3.2 hereunder and as set forth in Appendix 3 to Letter Agreement No. 5 to the Agreement shall define the date(s) by which the contractual definition of the A350-900 Aircraft must be finalized and all SCNs need to have been executed by the Buyer (the “A350-900 Contractual Definition Freeze” or “CDF”) in order to enable their incorporation into the manufacturing of the Aircraft and Delivery of the Aircraft in the Scheduled Delivery Month.
2.2.3.2 A350-900 Customization Milestone Chart
The Seller has provided the Buyer with a customization milestones chart (the “A350-900 Customization Milestone Chart”), setting out how far in advance of the Scheduled Delivery Month of the A350-900 Aircraft:
•the Buyer needs to take certain decisions and actions; and
•the Buyer needs to provide certain information and documentation; and
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•the Buyer needs to notify the Seller of the BFE Seats, together with the selected In-Flight Entertainment equipment (the “BFE IFE”), and associated BFE Suppliers selected by the Buyer, if applicable; such notification to be made in advance of the Initial Technical Coordination Meeting (ITCM); and
•the Buyer needs to notify the Seller of the ACS Seats, together with the selected In-Flight Entertainment equipment supplied by an ACS Supplier (the “ACS IFE”) (it being understood that any IFE to be incorporated into ACS Seats shall be exclusively ACS IFE equipment), and associated ACS Suppliers selected by the Buyer; such notification to be made in advance of the Cabin Definition Closure Meeting (CDCM); and
•the CDCM for ACS Equipment and the ITCM for BFE Seats, if applicable, shall be held at the A350XWB Customer Definition Centre in Hamburg, Germany, [***]; and
•SCNs must be executed in order to integrate into the A350-900 Aircraft Specification any items requested by the Buyer from the options set forth in the Seller’s A350XWB Family ADD applicable at the time of customization or any other items that the Buyer wishes to have installed in the A350-900 Aircraft as per Subclauses 2.2.4 and 18.
2.2.4 A350-900 Aircraft Cabin Customization
2.2.4.1 Notwithstanding Subclause 2.2.3.2, it is the Seller’s aim to provide the Buyer with flexibility with regard to the definition of the specification of the A350-900 Aircraft cabin, while maintaining the Scheduled Delivery Month of the A350-900 Aircraft. The Buyer may hence proceed with the definition of the cabin exclusively through the selection of catalogue cabin solutions and options (“Catalogue Items”) developed by the Seller in the A350XWB Family ADD applicable at the time of customization, or may in addition thereto elect to opt for BFE Premium Class Seats, as defined in Subclause 2.2.4.2 hereunder.
2.2.4.2 Alternative BFE Premium Seats for First and Business Class
In addition to the Catalogue Items chosen in the A350XWB Family ADD as set forth in 2.2.4.1, the Buyer may submit to the Seller for consideration specific alternative BFE premium seats for first and business class (the “BFE Premium Class Seats”). Such BFE Premium Class Seats shall be subject to the provisions of Subclause 18.2 (except that if the Buyer selects the Vantage XL Seat (the “Vantage XL Seat”), supplied by Xxxxxxxx, such BFE Premium Class Seats shall be deemed BFE and shall be subject to the provisions of Subclause 18.1 and not Subclause 18.2), as well as the following prerequisites:
•they shall, with the exception of the Vantage XL Seat, be manufactured exclusively by suppliers, who have signed an ACS agreement with the Seller and who are qualified by the Seller as ACS Suppliers of seats; and
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•they shall be compliant with the interfaces predefined by the Seller and communicated to the above ACS Suppliers and, in the case of the Vantage XL Seat, communicated to Xxxxxxxx to meet the applicable requirements as per Subclause 18.1.2; and
•any IFE equipment to be incorporated into the BFE Premium Class Seats or the qualified in-seat IFE equipment, shall be exclusively BFE items developed by a qualified ACS Supplier.
If the Buyer does not, [***] prior to the ITCM (the “BFE Supplier Data Submission Date”), supply the Seller with the BFE Supplier Data necessary to successfully pass the first seat maturity gate of the BFE Premium Class Seats (the “BFE Supplier Data”), the possibility for the Buyer to select BFE Premium Class Seats shall automatically lapse in respect of those A350-900 Aircraft that are impacted by lack of availability of the BFE Supplier Data (the “Impacted A350-900 Aircraft”) and the Buyer shall have the option of selecting Catalogue Item application. In absence of such selection, the Seller shall propose to the Buyer a seat from its catalogue of available seats that meets the Buyer’s requirements as closely as possible and the Buyer shall have five (5) Business Days to accept or reject the Seller’s proposal. If the Buyer does not respond to the Seller or if the Buyer rejects the Seller’s proposal, the Buyer shall be deemed to have opted for no premium class seats to be installed on the Impacted A350-900 Aircraft and such Aircraft shall be delivered without (i) premium class seats and (ii) any BFE IFE for which the BFE Supplier Data may have already been supplied by the Buyer to the Seller. Should the Buyer provide the BFE Supplier Data to the Seller after the BFE Supplier Data Submission Date, the Seller shall assess, based on its then existing industrial constraints, which A350-900 Aircraft shall be delivered to the Buyer with the selected BFE Premium Class Seat and the Seller shall notify the Buyer in writing of the results of such assessment.
It is agreed and understood that it shall be the Buyer’s sole responsibility to ensure that all studies and engineering developments shall have been performed in due time, in anticipation of providing the corresponding BFE Engineering Definition for such BFE Premium Class Seats and associated BFE IFE equipment, including the associated Declaration of Design and Performance.
2.2.5 A350-1000 Aircraft Specification
2.2.5.1 The A350-1000 Aircraft shall be manufactured in accordance with the A350-1000 Standard Specification, as may already have been modified or varied prior to the date of Amendment No. 18 to the Agreement by the Specification Change Notices listed in Exhibit A-6.
2.2.5.2 The applicable standard design weights (Maximum Take-off Weight (“MTOW”), Maximum Landing Weight (“MLW”) and Maximum Zero Fuel Weight (“MZFW”)) of the A350-1000 Aircraft are the following:
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MTOW | MLW | MZFW | |||||||||
A350-1000 Aircraft | [***] | [***] | [***] |
2.2.5.3 Notwithstanding the provisions of Subclause 2.2.5.2 above, the Buyer has selected the following design weights for the Aircraft as set forth in Exhibit A-6 to the Agreement:
MTOW | MLW | MZFW | |||||||||
A350-1000 Aircraft | [***] | [***] | [***] |
2.2.5.4 A350-1000 Propulsion Systems
The A350-1000 Airframe shall be equipped with a set of two (2) Trent-XWB97 engines (the “A350-1000 Propulsion Systems”). The A350-1000 Propulsion Systems designation is received from the Propulsions Systems Manufacturer and is subject to amendment by the Propulsion Systems Manufacturer at any time prior to the Delivery Date. If the Propulsion Systems Manufacturer makes any such amendment related to the designation, the amendment related to the designation shall be automatically incorporated into this Agreement and the Propulsion Systems designation shall be adjusted accordingly. The Seller agrees to notify the Buyer as soon as it receives notice of any such amendment from the Propulsion Systems Manufacturer.
2.2.5.5 A350-1000 Aircraft Customization Milestones
2.2.5.5.1 A350-1000 Customization Milestones Chart
[***], the Seller shall provide the Buyer with customization milestone charts (the “A350-1000 Customization Milestone Chart”), setting out how far in advance of the Scheduled Delivery Month or Quarter, as applicable, of the A350-1000 Aircraft an SCN must be executed in order to integrate into the Specification any items requested by the Buyer from the Seller’s catalogues of Specification change options (the “Option Catalogues”).
2.2.5.5.2 Contractual Definition Freeze
The A350-1000 Customization Milestone Chart shall include the date(s) by which the contractual definition of the A350-1000 Aircraft must be finalized and all SCNs need to have been executed by the Buyer (the “A350-1000 Contractual Definition Freeze”) in order to enable their incorporation into the manufacturing of the A350-1000 Aircraft and Delivery of the A350-1000 Aircraft in the Scheduled Delivery Month. Each such date shall be referred to as an “A350-1000 CDF Date.”
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2.3 Specification Amendment
The parties understand and agree that the A350-900 Standard Specification, the A350-1000 Standard Specification, and the A330-900 Standard Specification may be further amended following signature of this Agreement in accordance with the terms of this Subclause 2.3.
2.3.1 Specification Change Notice
The Specification may be amended by written agreement between the parties substantially in the form set out in Exhibit B-1 (each, a “Specification Change Notice” or “SCN”). Each SCN shall set forth the particular Aircraft that would be affected by the SCN as well as, in detail, the particular changes to be made in the Specification, any materials to be deleted from the Aircraft by the Seller in connection with such SCN, and the effect, if any, of such changes on design, performance, weight, balance, Scheduled Delivery Quarter or Scheduled Delivery Month (as applicable), Buyer Furnished Equipment and price of each Aircraft affected thereby and interchangeability or replaceability of parts.
2.3.2 [***]
2.3.2.1 [***]
2.3.2.2 [***]
2.3.3 Development Changes
The Specification may also be amended to incorporate changes deemed necessary by the Seller to improve the Aircraft, prevent delay or ensure compliance with the Agreement (“Development Changes”), as set forth in this Subclause 2.3.3.
2.3.3.1 Manufacturer Specification Change Notices
The Specification may be amended by the Seller through a manufacturer specification change notice (“Manufacturer Specification Change Notice” or “MSCN”), which shall be substantially in the form set out in Exhibit B-2 hereto, or by such other means as may be deemed appropriate, and shall set forth the particular Aircraft that are affected by the MSCN as well as, in detail, the particular changes to be made in the Specification, any materials to be deleted from the Aircraft by the Seller in connection with such MSCN, and the effect, if any, of such changes on design, performance, weight, balance, Scheduled Delivery Quarter or Scheduled Delivery Month (as applicable), Buyer Furnished Equipment and price of each Aircraft affected thereby and interchangeability or replaceability of parts.
Except when the MSCN is necessitated by an Aviation Authority directive or by equipment obsolescence, in which case the MSCN shall be accomplished without requiring the Buyer’s consent, if the MSCN adversely affects the performance, weight,
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Base Price, Delivery Date of the Aircraft affected thereby or the interchangeability or replaceability requirements under the Specification, [***].
For the purposes of Subclause 2.3.3.1, the term “equipment obsolescence” refers to equipment which is no longer manufactured or available commercially.
2.3.3.2 In the event of the Seller revising the Specification to incorporate Development Changes which have no adverse effect on the performance, weight, Base Price, Delivery Date of the Aircraft affected thereby or the interchangeability or replaceability requirements under the Specification, such revision shall be performed by the Seller without the Buyer’s consent. In such cases, the Buyer shall have access to the details of such changes through the relevant application in AirbusWorld.
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
LETTER AGREEMENT NO. 6D
As of January 11, 2024
Delta Air Lines, Inc.
1000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: A350-1000 AIRCRAFT PERFORMANCE GUARANTEES – XX XXXXX XWB-97 ENGINES
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement. The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 6D (this “Letter Agreement”) the sale of the A350-1000 Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.
1 AIRCRAFT MODEL APPLICABILITY
The guarantees contained in this Letter Agreement (the “Performance Guarantees”) are applicable to the A350-1000 aircraft as described in the Standard Specification reference [***] by a [***] Manufacturer’s Weight Empty (the “Standard Specification”) [***]:
(i) [***]
(ii) [***]
(for the purposes of this Letter Agreement, the “Aircraft”),
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[***]
2 FLIGHT PERFORMANCE
2.1 Takeoff
2.1.1 Takeoff Performance at [***]
When the Aircraft is operated in departure airport conditions as defined below [***]:
[***]
The FAA dry permissible Takeoff Weight shall not be less than [***].
2.1.2 Takeoff Performance at [***]
When the Aircraft is operated in departure airport conditions as defined below [***]:
[***]
The FAA dry permissible Takeoff Weight shall not be less than [***].
2.1.3 Takeoff Performance at [***]
When the Aircraft is operated in departure airport conditions as defined below [***]:
[***]
The FAA dry permissible Takeoff Weight shall not be less than [***].
2.1.4 Takeoff Performance at [***]
When the Aircraft is operated in departure airport conditions as defined below [***]:
[***]
The FAA dry permissible Takeoff Weight shall not be less than [***].
2.1.5 Takeoff Performance at [***]
When the Aircraft is operated in departure airport conditions as defined below [***]:
[***]
The FAA dry permissible Takeoff Weight shall not be less than [***].
2.1.6 Takeoff Performance at [***]
When the Aircraft is operated in departure airport conditions as defined below [***]:
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[***]
The FAA dry permissible Takeoff Weight shall not be less than [***].
2.2 [***]
2.2.1 [***]
2.2.2 [***]
2.2.3 [***]
2.3 [***]
[***]
2.3.1 [***]
The [***] based on the A350-1000 Layout (as defined in Appendix A hereto) using the conditions and operating rules defined below, shall not be less than the following guarantee value:
[***]
Conditions and operating rules:
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[***] | [***] | ||||
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[***] | [***] |
2.3.2 [***]
The [***] based on the A350-1000 Layout (as defined in Appendix A hereto) using the conditions and operating rules defined below, shall not be less than the following guarantee value:
[***]
Conditions and operating rules:
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
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[***] | [***] | ||||
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
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[***] | [***] |
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PRIVILEGED AND CONFIDENTIAL | |||||
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2.3.3 [***]
The [***] based on the A350-1000 Layout using the conditions and operating rules defined below, shall not be less than the following guarantee value:
[***]
Conditions and operating rules:
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
2.4 [***]
The guarantees set forth in Paragraphs 2.4.1, 2.4.2 and 2.4.3 below are hereinafter referred to as the “[***] Guarantees”.
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2.4.1 [***]
The [***] in nautical miles in still air using the conditions and operating rules defined below, shall not be less than the following guarantee value:
[***]
Conditions and operating rules:
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
[***] | [***] | ||||
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[***] | [***] | ||||
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
2.4.2 [***]
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The [***] in nautical miles in still air using the conditions and operating rules defined below, shall not be less than the following guarantee value:
[***]
Conditions and operating rules:
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
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[***] | [***] | ||||
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
2.4.3 [***]
The [***] in nautical miles in still air using the conditions and operating rules defined below, shall not be less than the following guarantee value:
[***]
Conditions and operating rules:
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
2.5 [***]
The guarantee set forth in Paragraph 2.5 herein is referred to as the “[***] Guarantee”.
The block fuel for a stage length of [***]
[***]
Conditions and operating rules:
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
CT1404840 LA 6D [***] | LA 6D - 8 | ||||
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[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] |
2.6 [***]
The [***] defined as the sum of:
- the [***] of the Aircraft as defined in Paragraph 1 above ([***] of the Standard Specification, subject to adjustments as defined in Paragraph 7.2)
plus
- [***]
is the basis for the [***] guarantees of Paragraphs 2.3.1, 2.3.2, 2.3.3, 2.4.1, 2.4.2, 2.4.3 and 2.5 herein.
3 WEIGHT
3.1 Usable Load
The difference between:
[***]
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3.2 [***]
3.3 [***]
3.4 [***]
3.5 [***]
4 SOUND LEVELS
4.1 Exterior Noise
The Aircraft [***] shall be certified in accordance with the requirements of Chapter 14 of ICAO Annex 16, Volume I, [***].
Noise data shall be obtained and evaluated in accordance with the requirements of Appendix 2 of Edition 8 of ICAO Annex 16, Volume I, dated July 2017.
4.2 Interior Noise during Flight
4.2.1 Cockpit
At a pressure altitude of [***], the guaranteed A-weighted Sound Pressure Level (SPL) and the Speech Interference Level (SIL) shall not exceed:
[***] | |||||
[***] | [***] | ||||
[***] | [***] |
Noise levels shall be measured at the Captain’s and First Officer’s seat position at head level with normal cockpit air conditioning and ventilation in operation.
4.2.2 Cabin
At a pressure altitude of [***]:
[***] | |||||
[***] | [***] | ||||
[***] | [***] |
Noise levels shall be measured at a height of 40 inches (1.0 m) above the passenger compartment floor on the Aisle Center Line in the passenger seated area. [***]
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5 PERFORMANCE GUARANTEES CONDITIONS
5.1 The certification requirements for the Aircraft, except where otherwise stated, are as stated in Section 02 of the Standard Specification.
5.2 For the determination of FAR take-off performance [***].
5.3 Unless otherwise stated, when establishing take-off performance [***].
5.4 Climb, cruise, descent and holding performance elements of the Performance Guarantees include [***]. [***]
5.5 The Effective Perceived Noise Level (EPNdB) is [***].
5.6 Sound levels are to be specified in decibels (dB), at a reference pressure of 0.00002 Xxxxxx per square meter. Speech Interference Level (“SIL”) is defined as [***].
5.7 All guaranteed interior noise levels refer to [***].
5.8 Where applicable the Performance Guarantees assume the use of an approved fuel with a density of [***].
6 PERFORMANCE GUARANTEES COMPLIANCE
6.1 Compliance with the Performance Guarantees shall be demonstrated [***].
6.2 Compliance with the take-off, landing and certification noise levels classification elements of the Performance Guarantees set forth in Paragraph 4.1 herein shall be demonstrated [***].
6.3 Compliance [***].
6.4 Compliance with the [***] shall be demonstrated with [***].
6.5 Compliance with the [***].
6.6 The Seller undertakes to provide the Buyer [***].
7 ADJUSTMENT OF PERFORMANCE GUARANTEES
7.1 In the event that any change to any law, governmental regulation or requirement or interpretation thereof by the certifying airworthiness authority made subsequent to the date of this Letter Agreement No. 6D (the “Change in Law”), and such a Change in Law
CT1404840 LA 6D [***] | LA 6D - 11 | ||||
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affects the Aircraft configuration or performance or both, the Performance Guarantees shall be appropriately modified to reflect the effect of any such change.
7.2 The Performance Guarantees may be adjusted in the event of:
(i) any further configuration change:
a. which is the subject of an SCN other than the Performance Specification SCNs described in Paragraph 1(i) or 1(ii); or
b. resulting from the non-execution of one of the SCNs assumed in the Performance Specification,
(ii) variation in actual weights of items defined in Section 13-10 of the Standard Specification.
8 EXCLUSIVE PERFORMANCE GUARANTEES
The Performance Guarantees are exclusive and are provided in lieu of any and all other [***] guarantees of any nature [***].
9 UNDERTAKING REMEDIES
9.1 In the event that any one or more of the Aircraft fails to comply with any of the Performance Guarantees, the Seller shall [***].
9.2 In the event of non-compliance with any of the guarantees set forth in [***]:
(i) [***].
(ii) [***].
(iii) [***].
(iv) [***].
(v) [***].
(vi) [***].
[***]
9.3 In the event the Seller [***].
9.4 The Seller’s maximum liability in respect of deficiency in performance or noise of any Aircraft will be [***].
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9.5 [***]
[***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
[***]
10 [***]
11 ASSIGNMENT
Notwithstanding any other provision of this Letter Agreement or of the Agreement, this Letter Agreement and the rights and obligations of the Buyer herein shall not be assigned or transferred in any manner, and any attempted assignment or transfer in contravention of this provision of this Paragraph shall be void and of no force or effect.
12 CONFIDENTIALITY
This Letter Agreement (and its existence) shall be treated by both parties as confidential and shall not be released (or revealed) in whole or in part to any third party without the prior consent of the other party. In particular, each party agrees not to make any press release concerning the whole or any part of the contents and/or subject matter hereof or of any future addendum hereto without the prior consent of the other party.
13 LAW AND JURISDICTION
This Letter Agreement shall be governed by, and construed in accordance with, the laws of the state of New York and the provisions of Clause 22.6 of the Agreement shall apply to this Letter Agreement.
CT1404840 LA 6D [***] | LA 6D - 13 | ||||
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Execution |
If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
CT1404840 LA 6D [***} | LA 6D | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
APPENDIX A
[***]
CT1404840 LA 6D [***] | LA 6D Appx A-1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
APPENDIX B
[***]
CT1404840 LA 6D [***] | LA 6D Appx B-1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
APPENDIX C
[***]
CT1404840 LA 6D [***] | LA 6D Appx C-1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
LETTER AGREEMENT NO. 7C
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement. The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 7C (this “Letter Agreement”) certain additional terms and conditions regarding the sale of the A350-1000 Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.
1 DEFINITIONS
For the purposes of this Letter Agreement, the following terms shall have the following meanings:
[***]
[***]
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[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
[***]
2 [***]
[***]
[***]
3 [***]
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3.1 [***]
3.2 [***]
3.3 [***]
4 [***]
4.1 [***]
(a) [***]
(b) [***]
(c) [***]
(d) [***]
(e) [***]
(f) [***]
4.2 [***]
4.3 [***]
4.4 [***]
4.5 [***]
4.6 [***]
5 [***]
5.1 [***]
5.2 [***]
5.3 [***]
5.4 [***]
5.5 [***]
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5.6 [***]
5.7 [***]
5.8 [***]
5.9 [***]
5.9.1 [***]
5.9.2 [***]
5.10 [***]
5.11 [***]
5.12 [***]
6 [***]
[***]
6.1 [***]
6.2 [***]
[***]
6.3 [***]
[***]
7 [***]
7.1 [***]
7.2 [***]
[***] | ||||||||
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7.3 [***]
7.4 [***]
7.5 [***]
7.6 [***]
8 [***]
[***]
9 [***]
9.1 [***]
9.2 [***]
9.3 [***]
(a) [***]
(b) [***]
9.4 [***]
10 [***]
[***]
11 [***]
[***]
12 ASSIGNMENT
This Letter Agreement and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
13 CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Subclause 22.7 of the Agreement.
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Notwithstanding the foregoing, the Buyer hereby expressly agrees that the Seller may disclose this Letter Agreement and any relevant information of the Agreement to the Engine Manufacturer, for the purpose of implementation hereof.
14 COUNTERPARTS
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and signed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
CT1404840 LA 7C [***] | LA 7C - 6 | ||||
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Execution |
If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
CT1404840 LA 7C [***] | LA 7C | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
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APPENDIX A
[***]
CT1404840 LA 7C [***] | LA 7C Appx A - 1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
APPENDIX B
[***]
CT1404840 LA 7C [***] | LA 7C Appx B - 1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
APPENDIX C
[***]
CT1404840 LA 7C [***] | LA 7C Appx C - 1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
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Appendix D
[***]
CT1404840 LA 7C [***] | LA 7C Appx D - 1 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 8
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 8 (“Letter Agreement No. 8”) cancels and replaces the amended and restated Letter Agreement No. 8 entered into between the Buyer and the Seller on June 14, 2022.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 8 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 8 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 8.
Both parties agree that this Letter Agreement No. 8 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 8 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 8 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 8 shall govern.
1 WARRANTIES
1.1 Warranties and Service Life Policy
1.1.1 Standard Warranty
CT1404840 LA 8 [***] | LA 8-1 | ||||
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Subclause 12.1.3 of the Agreement is deleted in its entirety and replaced with the following:
[***]
1.1.2 Seller Service Life Policy
Subclauses 12.2.2 and 12.2.3 of the Agreement are deleted in their entirety and replaced with the following:
“12.2.2 Periods and Seller’s Undertaking
Subject to the general conditions and limitations set forth in Subclause 12.2.4 below, the Seller agrees that if a Failure occurs in an Item within [***] to the Buyer, the Seller shall, at its own discretion, as promptly as practicable and for a price that reflects the Seller’s financial participation in the cost as hereinafter provided, either:
(i) design and furnish to the Buyer a correction for such Item subject to a Failure and provide any parts required for such correction (including Seller designed standard parts but excluding industry standard parts unless a part of an Item), or
(ii) replace such Item.
12.2.3 Seller’s Participation in the Cost
Any part or Item that the Seller is required to furnish to the Buyer under this Service Life Policy in connection with the correction or replacement of an Item shall be furnished to the Buyer at the Seller’s current sales price therefor, less the Seller’s financial participation, which shall be determined in accordance with the following formula:
[***]
1.1.3 [***]
[***]
1.1.4 [***]
[***]
1.1.5 [***]
[***]
CT1404840 LA 8 [***] | LA 8-2 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
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[***]
[***]
[***]
[***]
2 TECHNICAL PUBLICATIONS
Subclause 14.6 of the Agreement is deleted in its entirety and replaced with the following:
“14.6 Revision Service
[***]
Thereafter revision service shall be provided in accordance with the terms and conditions set forth in the Seller’s then current Customer Services Catalog.”
[***]
3 [***]
3.1 [***]
3.1.1 [***]
3.1.1.1 [***]
[***]
[***]
[***]
3.1.1.2 [***]
[***]:
(a) [***]:
(i) [***], and
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(ii) [***] and,
(b) [***]
[***]
[***]
3.1.2 [***]
[***]
[***]:
(A) [***],
(B) or by:
(i) [***], and
(ii) [***].
[***]
[***]
3.1.3 [***]
3.1.3.1 [***]:
(i) [***], and
(ii) [***].
[***]
3.1.3.2 [***]:
(i) [***], and
(ii) [***].
[***]
3.2 [***]
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3.2.1 [***]
3.2.1.1 [***]
[***]
[***]
[***]
3.2.1.2 [***]
[***]
(a) [***]:
(i) [***], and
(ii) [***], and
(b) [***]
[***]
[***]
3.2.1.3 [***]
[***]
[***]
[***]
3.2.2 [***]
[***]
[***]
[***]
[***]
3.2.3 [***]
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3.2.3.1 [***]:
(i) [***], and
(ii) [***].
[***]
3.2.3.2 [***]:
(i) [***], and
(ii) [***].
[***]
3.3 [***]
3.3.1 [***]
[***]
3.3.2 [***]
3.3.2.1 [***]
3.3.2.2 [***]
3.3.3 [***]
3.3.3.1 [***]
3.3.3.1.1 [***]
3.3.3.1.2 [***]
3.3.3.2 [***]
[***]
[***]
3.3.4 [***]
3.3.4.1 [***]:
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(i) [***], and
(ii) [***].
[***]
3.3.4.2 [***]:
(i) [***], and
(ii) [***].
4 [***]
[***]
[***]
[***]
[***]
[***]
5 [***]
[***]
6 [***]
6.1 [***]
6.1.1 [***]
6.1.2 [***].
6.2 [***]
6.2.1.1 [***]
6.2.1.2 [***]
6.2.1.3 [***]
6.2.1.4 [***]
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6.2.2 [***]
6.2.2.1 [***]
6.2.2.2 [***]
6.2.2.3 [***]
6.3 [***]
7 ASSIGNMENT
This Letter Agreement No. 8 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
8 CONFIDENTIALITY
This Letter Agreement No. 8 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
9 COUNTERPARTS
This Letter Agreement No. 8 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
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Appendix A
[***]
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 9
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: SELLER PARTS AND SELLER PARTS SERVICES
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 9 (“Letter Agreement No. 9”) cancels and replaces Letter Agreement No. 9 entered into between the Buyer and the Seller on November 24, 2014.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 9 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 9 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 9.
Both parties agree that this Letter Agreement No. 9 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 9 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 9 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 9 shall govern.
1 DEFINITIONS AND UNDERTAKINGS
1.1 For [***] (the “Term”), the Seller shall (i) maintain, or cause to be maintained, a stock of Seller Parts (as defined below), reasonably adequate to meet the requirements of the
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Buyer for the Aircraft, and (ii) sell and deliver such Seller Parts (in each case, together with all necessary documentation and data) in accordance with the provisions of this Letter Agreement No. 9.
1.2 For the purposes of this Letter Agreement No. 9, the term “Seller Parts” means the Seller's proprietary parts bearing a part number of the Seller or for which the Seller has the exclusive sales rights.
2 DELIVERY
2.1 [***]
[***]
(i) [***]
(ii) [***]
2.2 Emergency Services
During the Term, the Seller shall maintain, or cause to be maintained, [***]. Unless otherwise agreed by the Buyer in writing, the lead-times for delivery of such qualified answer to the Buyer shall not exceed:
(i) [***]
(ii) [***]
(iii) [***]
2.3 [***]
[***]
3 PRICES
3.1 Price Condition
[***]
[***]
3.2 [***]
3.2.1 [***]
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3.2.2 [***]
[***]
3.2.3 [***]
4 [***]
4.1 [***]
(i) [***]
(ii) [***]
4.2 [***]
5 [***]
Article 2.7 a) of Exhibit H to the Agreement is deleted in its entirety and replaced by the following:
“2.7 [***]
6 ASSIGNMENT
This Letter Agreement No. 9 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
7 CONFIDENTIALITY
This Letter Agreement No. 9 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
8 COUNTERPARTS
This Letter Agreement No. 9 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 10
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: MISCELLANEOUS
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 10 (“Letter Agreement No. 10”) cancels and replaces the Letter Agreement No. 10 entered into between the Buyer and the Seller on October 30, 2018.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 10 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 10 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 10.
Both parties agree that this Letter Agreement No. 10 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 10 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 10 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 10 shall govern.
1 [***]
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[***]
2 CLAUSE 0 – DEFINITIONS
2.1 Clause 0 of the Agreement is amended to delete the following defined terms and replace each as follows:
“Development Changes – as defined in Subclause 2.3.3.
[***]
2.2 Clause 0 of the Agreement is amended to add the following defined terms:
[***]
[***]
[***]
[***]
3 CLAUSE 3 – PRICE
A new Subclause 3.4 is added to the Agreement as set forth in Appendix 1 hereto.
4 CLAUSE 5 – PAYMENT TERMS
4.1 Subclause 5.3 of the Agreement is deleted in its entirety and replaced as follows:
QUOTE
5.3 [***]
[***]
(i) [***], and
(ii) [***]
a. [***], or
b. [***].
[***][***]
[***]
a. [***], and
b. [***]
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[***].
UNQUOTE
4.2 Subclause 5.4 of the Agreement is deleted in its entirety and replaced as follows:
“5.4 Payment of Other Amounts
5.4.1 [***]
5.4.2 Setoff/Application of Payments
[***]
4.3 Subclause 5.5 of the Agreement is deleted in its entirety and replaced as follows:
“5.5 Overdue Payments
If any payment due to the Seller is not received by the Seller on the date or dates as agreed upon between the Buyer and the Seller, the Seller shall have the right to claim from the Buyer, and the Buyer shall promptly pay to the Seller, upon receipt of such claim, interest (on the basis of a 365 day year) at a rate per annum equal to[***]. The Seller’s right to receive such interest shall be in addition to any other rights of the Seller hereunder or at law.”
4.4 Subclause 5.10 of the Agreement is deleted in its entirety.
5 CLAUSE 7 – CERTIFICATION
5.1 Subclauses 7.3 and 7.4 of the Agreement are deleted in their entirety and replaced with the following:
“7.3 Specification Changes before Aircraft Ready for Delivery
7.3.1 [***]
7.3.2 The Seller shall as far as practicable, [***], take into account the information available to it concerning any proposed law, rule or regulation or interpretation that could become a Change in Law, in order to minimize the costs of changes to the Specification as a result of such proposed law, regulation or interpretation becoming effective before the Aircraft is Ready for Delivery.
7.3.3 [***]
(i) [***]
(ii) [***]
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(iii) [***]
(i)
(ii)7.3.4 [***]
(iii)
(iv)7.4 Specification Changes after Certificate of Acceptance
[***]
5.2 A new Subclause 7.5 is added to the Agreement as follows:
“7.5 [***]
[***]
6 CLAUSE 8 – THE BUYER’S ACCEPTANCE
6.1 Subclause 8.1.2 of the Agreement is deleted in its entirety and replaced with the following:
[***]
6.2 Subclause 8.2 of the Agreement is deleted in its entirety and replaced with the following:
“8.2 Use of Aircraft
The Seller shall be entitled to use any Aircraft prior to its Delivery to the Buyer:
(i) [***]
(ii) [***]
(iii) [***]
[***]
7 CLAUSE 9 - DELIVERY
Subclause 9.3 of the Agreement is deleted in its entirety and replaced with the following:
“9.3 Flyaway Expenses
9.3.1 The Buyer and the Seller will cooperate to obtain any licenses that may be required by the Aviation Authority of the Delivery Location for the purpose of exporting the Aircraft.
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9.3.2 [***]
8 CLAUSE 10 – EXCUSABLE DELAY
Clause 10 of the Agreement is deleted in its entirety and replaced with Clause 10 attached hereto as Appendix 2.
9 CLAUSE 11 – INEXCUSABLE DELAY
Clause 11 of the Agreement is deleted in its entirety and replaced with Clause 11 attached hereto as Appendix 3.
10 CLAUSE 20 – INDEMNIFICATION AND INSURANCE
Clause 20 of the Agreement is deleted in its entirety and replaced with Clause 20 attached hereto as Appendix 4.
11 CLAUSE 21 – TERMINATION FOR CERTAIN EVENTS
Clause 21 of the Agreement is deleted in its entirety and replaced with Clause 21 attached hereto as Appendix 5.
12 ASSIGNMENT
This Letter Agreement No. 10 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
13 CONFIDENTIALITY
This Letter Agreement No. 10 is subject to the terms and conditions of Subclause 22.7 of the Agreement.
14 COUNTERPARTS
This Letter Agreement No. 10 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Title: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
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APPENDIX 1
3.4 Taxes, Duties, and Imposts
3.4.1 The Seller shall bear and pay the amount of [***]
3.4.2 The Buyer shall bear and pay the amount of [***]
3.4.3 The Seller shall [***]
3.4.4 It is expressly understood and agreed that [***]
3.4.5 It is expressly understood and agreed that [***]
3.4.6 [***]
3.4.7 [***]
3.4.8 [***]
3.4.9 [***].
3.4.10 [***]
3.4.11 Taxes and Disputes
[***]
[***]
[***]
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APPENDIX 2
10 EXCUSABLE DELAY
10.1 Scope
The Seller shall not be responsible for or be deemed to be in default on account of delays in Delivery or failure to deliver or otherwise in the performance of the Agreement or any part hereof [***].
[***]
[***]
10.2 Unanticipated Delay
In the event that the Delivery of any Aircraft is delayed by reason of an Excusable Delay for a period of more than [***].
10.3 Anticipated Delay
In respect of any Aircraft, the Seller may [***].
10.4 Delivery Date
[***]
10.5 Lost, Destroyed or Damaged Aircraft
In the event that prior to Delivery any Aircraft is lost, destroyed or damaged beyond economic repair, the Seller shall notify the Buyer in writing within [***]after such event. Such notice shall specify the earliest date, consistent with the Seller’s other contractual commitments and production capabilities, by which the Seller would be able to deliver a replacement for such Aircraft. [***] In the event of termination of the Agreement as to a particular Aircraft as a result of such loss, destruction or damage the obligations and liabilities of the parties hereunder with respect to such Aircraft shall be discharged. [***]
10.6 [***]
10.7 REMEDIES
THIS CLAUSE 10 AND CERTAIN RELATED PROVISIONS ELSEWHERE IN THIS AGREEMENT SET FORTH THE SOLE AND EXCLUSIVE REMEDY OF THE BUYER FOR EXCUSABLE DELAYS IN DELIVERY OR FAILURE TO DELIVER, AND THE BUYER HEREBY WAIVES ALL RIGHTS, INCLUDING WITHOUT LIMITATION ANY RIGHTS TO DAMAGES OR SPECIFIC PERFORMANCE, TO WHICH IT WOULD OTHERWISE BE ENTITLED IN RESPECT THEREOF. THE BUYER SHALL NOT BE ENTITLED TO CLAIM THE REMEDIES AND RECEIVE THE BENEFITS PROVIDED IN THIS CLAUSE 10 TO THE EXTENT THE DELAY
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APPENDIX 2
REFERRED TO IN THIS CLAUSE 10 IS CAUSED SOLELY BY THE NEGLIGENCE OR FAULT OF THE BUYER OR ITS REPRESENTATIVES.
10.8 [***]
[***]
(i) [***]
(ii) [***]
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APPENDIX 3
11 INEXCUSABLE DELAY
11.1 [***]
11.1.1 [***]
[***]
11.1.2 [***]
[***]
11.1.3 [***]
[***]
11.2 [***]
11.2.1 [***]
11.2.2 [***]
11.2.3 [***]
11.2.4 [***]
11.3 [***]
[***]
11.4 [***]
11.4.1 [***].
11.4.2 [***]
[***]
11.4.3 [***]
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APPENDIX 3
11.5 [***]
11.6 REMEDIES
THIS CLAUSE 11 AND CERTAIN RELATED PROVISIONS ELSEWHERE IN THIS AGREEMENT SET FORTH THE SOLE REMEDY OF THE BUYER FOR DELAYS IN DELIVERY OR FAILURE TO DELIVER, OTHER THAN SUCH DELAYS AS ARE COVERED BY CLAUSE 10, AND THE BUYER HEREBY WAIVES ALL RIGHTS, INCLUDING WITHOUT LIMITATION ANY RIGHTS TO INCIDENTAL AND CONSEQUENTIAL DAMAGES OR SPECIFIC PERFORMANCE, TO WHICH IT WOULD OTHERWISE BE ENTITLED IN RESPECT THEREOF. THE BUYER SHALL NOT BE ENTITLED TO CLAIM THE REMEDIES AND RECEIVE THE BENEFITS PROVIDED IN THIS CLAUSE 11 WHERE THE DELAY REFERRED TO IN THIS CLAUSE 11 IS CAUSED SOLELY BY THE NEGLIGENCE OR FAULT OF THE BUYER OR ITS REPRESENTATIVES.
11.7 (i) [***]
(ii) [***]
11.8 [***]
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APPENDIX 4
20 INDEMNIFICATION AND INSURANCE
20.1 [***]
20.2 [***]
(A) [***]
(B) [***]
20.3 [***]
(A) [***]
(B) [***]
20.4 [***]Upon receipt of such notice, the Indemnitor (unless otherwise agreed by the Indemnified Party and the Indemnitor) shall assume and conduct the defense, or settlement, of such claim or suit. Notice of the claim or suit shall be accompanied by all information pertinent to the matter as is reasonably available to the Indemnified Party and shall be followed by such cooperation by the Indemnified Party as the Indemnitor or its counsel may reasonably request, at the expense of the Indemnitor.
If the Indemnitor fails or refuses to assume the defense of any claim or suit notified to it under this Clause 20, the Indemnified Party shall, [***]
20.5 Insurance
[***]
(A) [***]
(B) [***]
[***]
(i) [***]
(ii) [***]
(iii) [***]
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Appendix 5
21 TERMINATION FOR CERTAIN EVENTS
21.1 Any of the following shall be considered a material breach of, [***]
(1) [***], the Buyer or any [***] shall commence any case, proceeding or other action with respect [***]or the Buyer in any jurisdiction relating to bankruptcy, insolvency, reorganization or relief from debtors or seeking a reorganization, arrangement, winding-up, liquidation, dissolution or other relief with respect to its debts and such case, proceeding or action is not dismissed [***].
(2) An action is commenced seeking the appointment of a receiver, trustee, custodian or other similar official for [***]r or the Buyer for all or substantially all of its assets and such action is not stayed or dismissed [***], or the Seller or the Buyer makes a general assignment for the benefit of its creditors.
(3) An action is commenced against [***]the Buyer seeking [***].
(4) [***]
(5) [***]
(6) The Buyer fails to make any [***] Payment required to be made pursuant to the Agreement when such payment comes due or fails to make payment [***] required to be made pursuant to Subclause 5.3 of the Agreement.
(7) [***]
(8) [***]
(9) [***]
(10) [***]
(11) [***]
21.2 [***]
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
LETTER AGREEMENT NO. 11C
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement. The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 11C (this “Letter Agreement”) certain additional terms and conditions regarding the sale of the A350-1000 Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.
1. [***]
[***]
[***]
[***]
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[***]
[***]
2. [***]
2.1 [***]
2.2 [***]
2.3 [***]
2.4 [***]
2.5 [***]
[***]
3. [***]
[***].
4. [***]
[***]
5. [***]
[***]
6. ASSIGNMENT
This Letter Agreement and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
7. CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Subclause 22.7 of the Agreement.
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8. COUNTERPARTS
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President - Fleet
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
LETTER AGREEMENT NO. 13C
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement. The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 13C (this “Letter Agreement”) certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.
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0 [***]
[***]
1 [***]
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
[***] | [***] | ||||
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2 [***]
2.1 [***]
(a) [***]
(b) [***]
2.2 [***]
CT1404840 LA 13C [***] | LA 13C - 2 | ||||
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3 [***]
3.1 [***]
3.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
(iv) [***]
4 [***]
4.1 [***]
4.2 [***]
4.3 [***]
4.4 [***]
5 [***]
[***]
a) [***]
b) [***]
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6 [***]
6.1 [***]
a) [***]
b) [***]
6.2 [***]
6.2.1 [***]
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6.2.2 [***]
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6.2.3 [***]
6.3 [***]
7 [***]
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7.1 [***]
7.2 [***]
7.3 [***]
7.4 [***]
7.5 [***]
(i) [***]
(ii) [***]
8 [***]
8.1 [***]
8.2 [***]
8.3 [***]
9 [***]
9.1 [***]
9.2 [***]
9.3 [***]
10 [***]
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11 ASSIGNMENT
This Letter Agreement and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
12 CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Clause 22.7 of the Agreement.
CT1404840 LA 13C [***] | LA 13C - 4 | ||||
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13 COUNTERPARTS
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
CT1404840 LA 13C [***] | LA 13C - 5 | ||||
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
CT1404840 LA 13C [***] | LA 13C | ||||
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APPENDIX 1 - [***]
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CT1404840 LA 13C [***] | LA 13C – Apx 1-1 | ||||
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APPENDIX 2 – [***]
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APPENDIX 3 – [***]
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APPENDIX 4 - [***]
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INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
AMENDED AND RESTATED LETTER AGREEMENT NO. 14
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.
This amended and restated Letter Agreement No. 14 (“Letter Agreement No. 14”) cancels and replaces Letter Agreement No. 14 entered into between the Buyer and the Seller on November 24, 2014.
The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 14 certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 14 have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 14.
Both parties agree that this Letter Agreement No. 14 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 14 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 14 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 14 shall govern.
1 [***]
CT1404840 LA 14 [***] | LA 14 - 1 | ||||
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2 [***]
2.1 [***]
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2.2 [***]
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2.2.1 [***]
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(i) [***]
(ii) [***]
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2.2.2 [***]
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(i) [***]
(ii) [***]
2.3 [***]
CT1404840 LA 14 [***] | LA 14 - 2 | ||||
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2.4 [***]
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3 ASSIGNMENT
This Letter Agreement No. 14 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
4 CONFIDENTIALITY
This Letter Agreement No. 14 is subject to the terms and conditions of Clause 22.7 of the Agreement.
5 COUNTERPARTS
This Letter Agreement No. 14 may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
CT1404840 LA 14 [***] | LA 14 - 3 | ||||
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If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
CT1404840 LA 14 [***] | LA 14 | ||||
PRIVILEGED AND CONFIDENTIAL | |||||
Execution |
INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.
LETTER AGREEMENT NO. 15
As of January 11, 2024
Delta Air Lines, Inc.
0000 Xxxxx Xxxxxxxxx
Atlanta, Georgia 30320
Re: [***]
Dear Ladies and Gentlemen,
Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350 Aircraft Purchase Agreement dated as of November 24, 2014, as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement. The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 15 (this “Letter Agreement”) certain additional terms and conditions regarding the sale of the Aircraft. Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement. The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.
Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.
CT1404840 LA 15 [***] | LA 15 - 1 | ||||
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1 [***]
1.1 [***]
1.2 [***]
1.3 [***]
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2 [***]
2.1 [***]
2.1.1 [***]
(i) [***]
(ii) [***]
(iii) [***]
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2.1.2 [***]
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2.1.4 [***]
2.2 [***]
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3 [***]
3.1 [***]
(A) [***]
(B) [***]
(C) [***]
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3.2 [***]
3.3 [***]
4 [***]
4.1 [***]
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(ii) [***]
(iii) [***]
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4.2 [***]
4.2.1 [***]
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[***]:
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4.2.2 [***]
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4.2.3 [***]
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4.2.4 [***]
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4.3 [***]
4.3.1 [***]
4.3.2 [***]
4.3.3 [***]
4.4 [***]
4.4.1 [***]
4.4.2 [***]
4.4.3 [***]
[***]
4.5 [***]
4.5.1 [***]
CT1404840 LA 15 [***] | LA 15 - 4 | ||||
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4.5.2 [***]
(i) [***]
(ii) [***]
4.6 [***]
4.6.1 [***]
4.6.2 [***]
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4.6.3 [***]
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4.6.4 [***]
4.6.5 [***]
4.6.6 [***]
5 [***]
5.1 [***]
5.1.1 [***]
5.1.2 [***]
5.1.3 [***]
5.1.4 [***]
5.1.5 [***]
5.2 [***]
5.2.1 [***]
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5.2.2 [***]
5.2.3 [***]
5.2.4 [***]
5.2.5 [***]
6 ASSIGNMENT
This Letter Agreement and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.
7 CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Clause 22.7 of the Agreement.
8 COUNTERPARTS
This Letter Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
CT1404840 LA 15 [***] | LA 15 - 6 | ||||
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Execution |
If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.
Very truly yours,
AIRBUS S.A.S.
/s/ Xxxx Xxxxxxx
By: Xxxx Xxxxxxx
Its: Head of Commercial Transactions
Accepted and Agreed
DELTA AIR LINES, INC.
/s/ Xxxxxxx Xxxxx
By: Xxxxxxx Xxxxx
Its: Vice President – Fleet
CT1404840 LA 15 [***] | |||||
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