Supplemental Agreement No. 6 to Purchase Agreement No. 03776 between The Boeing Company and United Airlines, Inc. Relating to Boeing Model 737-9 Aircraft
Exhibit 10.3
CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.
Supplemental Agreement No. 6
to
Purchase Agreement No. 03776
between
The Boeing Company
and
Relating to Boeing Model 737-9 Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of February 8, 2016, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (Customer);
WHEREAS, the parties hereto entered into Purchase Agreement No. 3776 dated July 12, 2012, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing model 737-9 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement;
WHEREAS, Boeing and Customer agree to *** firm model 737-9 Aircraft with *** model 737-9 *** Aircraft in the same delivery month:
| Aircraft Delivery Month |
| *** |
WHEREAS, Boeing and Customer agree to *** such 737-9 firm aircraft with *** firm 737-*** aircraft under ***.
WHEREAS, Boeing and Customer agree to apply *** firm model 737-9 Aircraft terminated under this Supplemental Agreement No. 06 (i) first to the *** Deposit for the *** new model 737-9 *** Aircraft added under this Supplemental Agreement No. 06 and (ii) then towards Customer’s ***.
| UAL-PA-03776 |
SA-6 |
Page 1 | ||
| BOEING / UNITED AIRLINES, INC. PROPRIETARY | ||||
Supplemental Agreement Xx. 0 xx
Xxxxxxxx Xxxxxxxxx Xx. 00000
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
| 1. | Table of Contents and Articles. |
The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-6”).
| 2. | Tables. |
“Table 1”, 737-9 Aircraft Delivery, Description, Price and ***, is deleted in its entirety and replaced with the attached similarly titled “Table 1” (identified by “SA-6”)
| 3. | Letter Agreements. |
“Attachment A to Letter Agreement Xx. XXX-XX-00000-XX-0000000” is deleted in its entirety and replaced with the attached “Attachment A to Letter Agreement Xx. XXX-XX-00000-XX-0000000” (identified by “SA-6”).
The Purchase Agreement will be deemed supplemented to the extent provided herein as of the date hereof and as so supplemented will continue in full force and effect.
The rest of this page is left intentionally blank.
| UAL-PA-03776 |
SA-6 | Page 2 | ||
| BOEING / UNITED AIRLINES, INC. PROPRIETARY | ||||
Supplemental Agreement Xx. 0 xx
Xxxxxxxx Xxxxxxxxx Xx. 00000
EXECUTED IN DUPLICATE as of the day and year first written above.
| THE BOEING COMPANY | UNITED AIRLINES, INC. | |
| /s/ Xxxx X. Xxxxxxx |
/s/ Xxxxxx Xxxxxxxx | |
| Signature | Signature | |
| Xxxx X. Xxxxxxx |
Xxxxxx Xxxxxxxx | |
| Printed Name | Printed Name | |
| Attorney-in-Fact |
Senior Vice President – Finance and acting Chief Financial Officer | |
| Title | Title | |
| UAL-PA-03776 |
SA-6 | Page 3 | ||
| BOEING / UNITED AIRLINES, INC. PROPRIETARY | ||||
TABLE OF CONTENTS
| SA NUMBER | ||||
| ARTICLES |
||||
| Article 1. | Quantity, Model and Description |
|||
| Article 2. | Delivery Schedule |
|||
| Article 3. | Price |
|||
| Article 4. | Payment |
|||
| Article 5. | Additional Terms |
|||
| TABLE | ||||
| 1. | Aircraft Information Table – 737-9 |
SA-6 | ||
| EXHIBITS | ||||
| A. | Aircraft Configuration |
|||
| B. | Aircraft Delivery Requirements and Responsibilities |
|||
| SUPPLEMENTAL EXHIBITS | ||||
| AE1. | Escalation Adjustment/Airframe and Optional Features |
|||
| BFE1. | BFE Variables |
|||
| CS1. | Customer Support Variables |
|||
| EE1. | Engine Warranty *** |
|||
| SLP1. | Service Life Policy Components |
|||
| LETTER AGREEMENTS | ||||
| UCH-PA-03776-LA-1207637 | *** Matters |
|||
| UCH-PA-03776-LA-1207638 | *** |
|||
| UCH-PA-03776-LA-1207640 | Demonstration Flight Waiver |
|||
| UCH-PA-03776-LA-1207643 | Open Matters |
|||
| UCH-PA-03776-LA-1207644 | Option Aircraft |
SA-4 | ||
| Option Aircraft - Attachment A |
XX-0 | |||
| XXX-XX-00000-XX-0000000 | Promotional Support |
|||
| UCH-PA-03776-LA-1207647 | Seller Purchased Equipment |
|||
| UCH-PA-03776-LA-1207649 | Spare Parts Initial Provisioning |
|||
| UCH-PA-03776-LA-1207650 | Special Matters |
|||
| UCH-PA-03776-LA-1208055 | *** |
|||
| UCH-PA-03776-LA-1208122 | *** |
|||
| UCH-PA-03776-LA-1208123 | *** Matters |
|||
| UCH-PA-03776-LA-1208157 |
*** |
|||
| UCH-PA-03776 |
TABLE OF CONTENTS | SA-6, Page 1 of 2 | ||
| BOEING/UNITED AIRLINES, INC. PROPRIETARY | ||||
TABLE OF CONTENTS, CONTINUED
| SA NUMBER | ||||
| LETTER AGREEMENTS, continued | ||||
| UCH-PA-03776-LA-1208234 |
Privileged and Confidential Matters |
|||
| XXX-XX-00000-XX-0000000 |
XXXX Matters |
|||
| UCH-PA-03776-LA-1208238 |
Assignment Matters |
|||
| UCH-PA-03776-LA-1208869 |
Delivery *** Matters |
|||
| UAL-PA-03784-LA-1207869 |
737 Production Adjustments |
|||
| DATED AS OF | ||
| Supplemental Agreement No. 1 |
June 17, 2013 | |
| Supplemental Agreement No. 2 |
January 14, 2015 | |
| Supplemental Agreement No. 3 |
May 26, 2015 | |
| Supplemental Agreement No. 4 |
June 12, 2015 | |
| Supplemental Agreement No. 5 |
January 20, 2016 | |
| Supplemental Agreement No. 6 |
February 8, 2016 | |
| UCH-PA-03776 |
TABLE OF CONTENTS | SA-6, Page 2 of 2 | ||
| BOEING/UNITED AIRLINES, INC. PROPRIETARY | ||||
Table 1 To
Purchase Agreement No. 03776
737-9 Aircraft Delivery, Description, Price and ***
| Airframe Model/MTOW: | 737-9 | *** pounds | Detail Specification: |
*** |
||||||||||
| Engine Model/Thrust: | CFM-LEAP-1B*** | *** pounds | Airframe Price Base Year/Escalation Formula: |
*** | *** | |||||||||
| Airframe Price: | $*** | Engine Price Base Year/Escalation Formula: |
*** | *** | ||||||||||
| Optional Features: | $*** | |||||||||||||
|
|
||||||||||||||
| Sub-Total of Airframe and Features: | $*** | Airframe Escalation Data: |
||||||||||||
| Engine Price (Per Aircraft): | $*** | Base Year Index (ECI): |
*** | |||||||||||
|
|
||||||||||||||
| Aircraft Basic Price (Excluding BFE/SPE): | $*** | Base Year Index (CPI): |
*** | |||||||||||
|
|
||||||||||||||
| Buyer Furnished Equipment (BFE) Estimate: | $*** | |||||||||||||
| Seller Purchased Equipment (SPE) Estimate: | $*** | |||||||||||||
| Deposit per Aircraft: | $*** | |||||||||||||
| Delivery Date |
Number of |
Escalation Factor |
Serial |
Actual or Nominal |
Escalation Estimate *** Base |
*** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||
| *** *** |
*** *** |
*** *** |
*** *** | |||||||||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| UCH-PA-03776 64721-1F.TXT |
Boeing / United Airlines, Inc. Proprietary | Table 1 per SA-6, Page 1 |
Table 1 To
Purchase Agreement No. 03776
737-9 Aircraft Delivery, Description, Price and ***
| Delivery Date |
Number of |
Escalation Factor |
Serial |
Actual or Nominal |
Escalation Estimate *** Base |
*** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||
| *** *** |
*** *** |
*** *** |
*** *** | |||||||||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| UCH-PA-03776 64721-1F.TXT |
Boeing / United Airlines, Inc. Proprietary | Table 1 per SA-6, Page 2 |
Table 1 To
Purchase Agreement No. 03776
737-9 Aircraft Delivery, Description, Price and ***
| Delivery Date |
Number of |
Escalation Factor |
Serial |
Actual or Nominal |
Escalation Estimate *** Base |
*** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||
| *** *** |
*** *** |
*** *** |
*** *** | |||||||||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| UCH-PA-03776 64721-1F.TXT |
Boeing / United Airlines, Inc. Proprietary | Table 1 per SA-6, Page 3 |
Table 1 To
Purchase Agreement No. 03776
737-9 Aircraft Delivery, Description, Price and ***
| Delivery Date |
Number of |
Escalation Factor |
Serial |
Actual or Nominal |
Escalation Estimate *** Base |
*** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||
| *** *** |
*** *** |
*** *** |
*** *** | |||||||||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| UCH-PA-03776 64721-1F.TXT |
Boeing / United Airlines, Inc. Proprietary | Table 1 per SA-6, Page 4 |
Table 1 To
Purchase Agreement No. 03776
737-9 Aircraft Delivery, Description, Price and ***
| Delivery Date |
Number of |
Escalation Factor |
Serial |
Actual or Nominal |
Escalation Estimate *** Base |
*** Per Aircraft (Amts. Due/*** Prior to Delivery): | ||||||||||||
| *** *** |
*** *** |
*** *** |
*** *** | |||||||||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| *** |
*** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| Total: |
*** | |||||||||||||||||
| * | Nominal delivery month, *** pursuant to Letter Agreement number UCH-PA-03776-LA-1207643. |
Note: Serial Numbers are provided as guidance only and are subject to change.
| UCH-PA-03776 64721-1F.TXT |
Boeing / United Airlines, Inc. Proprietary | Table 1 per SA-6, Page 5 |
Attachment A to Letter Agreement No. UCH-PA-03776-LA-1207644
737-9 *** Aircraft Delivery, Description, Price and ***
| Airframe Model/MTOW: |
737-9 | *** pounds | Detail Specification: | *** |
||||||||||
| Engine Model/Thrust: |
CFM-LEAP-1B | *** pounds | Airframe Price Base Year/Escalation Formula: |
*** | *** | |||||||||
| Airframe Price: |
$*** | Engine Price Base Year/Escalation Formula: |
*** | *** | ||||||||||
| Optional Features: |
$*** | |||||||||||||
|
|
||||||||||||||
| Sub-Total of Airframe and Features: |
$*** | Airframe Escalation Data: |
||||||||||||
| Engine Price (Per Aircraft): |
$*** | Base Year Index (ECI): |
*** | |||||||||||
|
|
||||||||||||||
| Aircraft Basic Price (Excluding BFE/SPE): |
$*** | Base Year Index (CPI): |
*** | |||||||||||
|
|
||||||||||||||
| Buyer Furnished Equipment (BFE) Estimate: |
$*** | |||||||||||||
| Seller Purchased Equipment (SPE) Estimate: |
$*** | |||||||||||||
| Deposit per Aircraft: |
$*** | |||||||||||||
| Delivery Date |
Number of Aircraft |
Escalation Factor (Airframe) |
Actual or Nominal Delivery Month* |
Escalation Estimate *** Base Price Per A/P |
*** Per Aircraft (Amts. Due/*** Prior to Delivery): | |||||||||||
| *** *** |
*** *** |
*** *** |
*** *** | |||||||||||||
| *** | *** | *** | ** | $*** | $*** | $*** | $*** | $*** | ||||||||
| Total: | *** | |||||||||||||||
| * | Nominal delivery months are *** pursuant to Letter Agreement number UCH-PA-03776-LA-1207644. |
| XX-0 | ||||
| XXX-XX-00000 00000-0X.XXX |
Xxxxxx / Xxxxxx Xxxxxxxx, Inc. Proprietary | Page 1 |
