Supplemental Agreement No. 8 to Purchase Agreement No. PA-03659 between The Boeing Company and Air Lease Corporation
EXHIBIT 10.6
Confidential Treatment
Requested Pursuant to Rule 24b-2
Supplemental Agreement No. 8
to
Purchase Agreement No. PA-03659
between
The Boeing Company
and
Air Lease Corporation
This Supplemental Agreement is entered into as of April 14, 2017, (Supplemental Agreement No. 8) by and between THE BOEING COMPANY (Boeing) and AIR LEASE CORPORATION (Customer);
All terms used but not defined in this Supplemental Agreement No. 8 have the same meaning as in the Purchase Agreement;
WHEREAS, Boeing and Customer have entered into Purchase Agreement No. PA-03659 dated as of October 31, 2011 (the Purchase Agreement) relating to the purchase and sale of Model 787-9 aircraft and Model 787-10 aircraft; and
WHEREAS, Boeing and Customer agree to identify the configurations of the 787-9 Block A Aircraft and 787-9 Block C Aircraft designated for lease to [*].
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
1. TABLE OF CONTENTS.
The Table of Contents of the Purchase Agreement is deleted in its entirety and replaced by a new Table of Contents, provided as Enclosure 1 to this Supplemental
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
HAZ-PA-03659 |
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BOEING PROPRIETARY |
Agreement No. 8, which reflects the revisions set forth in this Supplemental Agreement No. 8.
2. TABLE 1.
a. Table 1A to Purchase Agreement No. PA-03659, 787-9 Block A Aircraft Delivery, Description, Price and Advance Payments Rolls Royce Engines is deleted in its entirety and replaced by Table 1A to Purchase Agreement No. PA-03659, 787-9 Block A Information Table – Rolls Royce Engines, provided as Enclosure 2 to this Supplemental Agreement No. 8 and hereby incorporated into the Purchase Agreement. This Table 1A [*];
b. Table 1D to Purchase Agreement No. PA-03659, 787-9 Block C Aircraft Delivery, Description, Price and Advance Payments Rolls Royce Engines is deleted in its entirety and replaced by Table 1D to Purchase Agreement No. PA-03659, 787-9 Block C Information Table – Rolls Royce Engines, provided as Enclosure 3 to this Supplemental Agreement No. 8 and hereby incorporated into the Purchase Agreement. This Table 1D [*];
3. EXHIBITS
Exhibit A3, HAZ/[*] 787-9 Aircraft Configuration, is added to the Purchase Agreement and is provided as Enclosure 4 to this Supplemental Agreement No. 8.
The Purchase Agreement will be deemed to be amended to the extent herein provided and as so amended will continue in full force and effect.
EXECUTED IN DUPLICATE as of the day and year first above written.
THE BOEING COMPANY |
AIR LEASE CORPORATION |
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BY: /s/ Xxxxx X. Xxxxxxxxx |
BY: /s/ Xxxxx Xxxx |
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ITS: Attorney-In-Fact |
ITS: Executive Vice President |
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
HAZ-PA-03659 |
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BOEING PROPRIETARY |
Enclosure 1
PURCHASE AGREEMENT NUMBER PA-03659
between
THE BOEING COMPANY
and
Air Lease Corporation
Relating to Boeing Model 787-9 and 787-10 Aircraft
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BOEING PROPRIETARY |
Enclosure 1
TABLE OF CONTENTS
ARTICLES |
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Article 1. |
Quantity, Model, Description and Inspection |
SA-2 |
Article 2. |
Delivery Schedule |
SA-2 |
Article 3. |
Price |
SA-2 |
Article 4. |
Payment |
SA-2 |
Article 5. |
Additional Terms |
SA-2 |
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TABLE |
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1A. |
000-0 Xxxxx X Xxxxxxxx Xxxxxxxxxxx Xxxxx |
XX-0 |
0X. |
000-0 Xxxxx X Xxxxxxxx Xxxxxxxxxxx Xxxxx |
XX-0 |
0X. |
787-10 Block A Aircraft Information Table |
SA-7 |
1D. |
000-0 Xxxxx X Xxxxxxxx Xxxxxxxxxxx Xxxxx |
XX-0 |
0X. |
787-9 Block D Aircraft Information Table |
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EXHIBIT |
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A1. |
HAZ[*]787-9 Aircraft Configuration |
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A2. |
HAZ[*] 787-9 Aircraft Configuration |
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A3. |
HAZ[*]787-9 Aircraft Configuration |
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B. |
Aircraft Delivery Requirements and Responsibilities |
SA-2 |
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SUPPLEMENTAL EXHIBITS |
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AE1. |
Escalation Adjustment Airframe and Optional Features |
SA-2 |
BFE1. |
BFE Variables |
SA-7 |
CS1. |
Customer Support Document |
XX-0 |
XX0. |
[*], Engine Warranty and Patent Indemnity – General Electric Engines |
XX-0 |
XX0. |
[*], Engine Warranty and Patent Indemnity – Rolls Royce Engines |
SA-2 |
SLP1. |
Service Life Policy Components |
SA-2 |
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
Enclosure 1
LETTER AGREEMENTS |
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LA-1104716R1 |
[*] |
SA-2 |
LA-1104717R1 |
Demonstration Flight Waiver |
SA-2 |
LA-1104718R1 |
[*] |
SA-2 |
LA-1104719R1 |
Other Matters |
SA-2 |
LA-1104720R4 |
Advance Payment Matters |
SA-7 |
LA-1104721R1 |
[*] |
SA-2 |
LA-1104722R1 |
Assignment of Customer’s Interest to a Subsidiary or Affiliate |
SA-2 |
LA-1104724 |
e-Enabling Software Matters |
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LA-1104725R1 |
[*] |
SA-2 |
LA-1104726R1 |
Special Matters relating to COTS Software and End User License Agreements |
XX-0 |
XX-0000000X0 |
XXXX Matters |
SA-2 |
LA-0000000X0 |
Leasing Matters for 000 Xxxxxxxx |
XX-0 |
XX-0000000X0 |
Liquidated Damages – Non-Excusable Delay |
SA-2 |
LA-1104730R4 |
Open Configuration Matters |
SA-7 |
LA-1104731R1 |
Performance Guarantees – 000-0 Xxxxx X Xxxxxxxx |
XX-0 |
XX-0000000X0 |
Special Terms - Seats and In-flight Entertainment |
SA-2 |
LA-1104734R2 |
Special Matters – 000-0 Xxxxx X Xxxxxxxx |
XX-0 |
XX-0000000 |
Xxxxxxxxxxx Guarantees – 000-00 Xxxxx X Xxxxxxxx |
XX-0 |
XX-0000000X0 |
Performance Guarantees – 000-0 Xxxxx X, X xxx X Xxxxxxxx |
XX-0 |
XX-0000000X0 |
Special Matters – 000-0 Xxxxxx X, X xxx X Xxxxxxxx |
XX-0 |
XX-0000000 |
Special Matters – 000-00 Xxxxx X Xxxxxxxx |
XX-0 |
XX-0000000X0 |
[*] |
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LA-1301083 |
Promotional Support – 000-00 Xxxxxxxx |
XX-0 |
XX-0000000 |
[*] |
SA-2 |
LA-1302043 |
[*] |
SA-2 |
LA-0000000X0 |
[*] |
SA-2 |
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LA-1601083 |
Special Matters Relating to In-Seat IFE [*] |
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LA-1605597 |
[*] |
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* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
Enclosure 2
Table 0X Xx
Xxxxxxxx Xxxxxxxxx Xx. XX-00000
787-9 Block A Aircraft Delivery, Description, Price and Advance Payments
Rolls Royce Engines
Airframe Model/MTOW: |
787-9 |
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545,000 pounds |
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Detail Specification: |
787B1-4102-D (4/27/2011) |
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Engine Model/Thrust: |
TRENT1000-J |
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73,800 pounds |
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Airframe Price Base Year/Esc.: |
[*] |
[*] |
Airframe Price: |
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[*] |
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Engine Price Base Year/Esc.: |
[*] |
[*] |
Optional Features: |
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[*] |
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Sub-Total of Airframe and Features: |
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[*] |
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Airframe Escalation Data: |
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Engine Price (Per Aircraft): |
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[*] |
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Base Year Index (ECI): |
[*] |
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Aircraft Basic Price (Excluding BFE/SPE): |
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[*] |
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Base Year Index (CPI): |
[*] |
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Buyer Furnished Equipment (BFE) Est.: |
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[*] |
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Engine Escalation Data: |
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Seller Purchased Equipment (SPE) Est.: |
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[*] |
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Base Year Index (ECI): |
[*] |
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In Flight Entertainment (IFE) Est: |
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[*] |
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Base Year Index (CPI): |
[*] |
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Deposit per Aircraft: |
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[*] |
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Escalation Estimate |
Advance Payment Per Aircraft |
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Number |
Manufacturer's |
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Escalation |
Escalation |
Adv Payment |
(Amts. Due/Mos. Prior to Delivery): |
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Delivery |
of |
Serial |
Optional |
P.A. |
Engine |
Engine |
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Factor |
Factor |
Base |
[*] |
[*] |
[*] |
[*] |
Date |
Aircraft |
Number |
Features Price |
Exhibit A |
Selection |
Price |
Lessee |
(Airframe) |
(Engine) |
Price Per A/P |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] 2017 |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] 2019 |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
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[*] |
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[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
Total |
[*] |
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Manufacturer serial number is subject to change due to production changes
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
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XXX-XX-00000 00000-0X.XXX |
Boeing Proprietary |
Page 1 |
Enclosure 5
Table 1D To
Purchase Agreement No. PA-03659
787-9 Block C Aircraft Delivery, Description, Price and Advance Payments
Rolls Xxxxx Xxxxx 1000J Engines
Airframe Model/MTOW: |
787-9 |
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553,000 pounds |
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Detail Specification: |
787B1-4102-O (9/5/2014) |
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Engine Model/Thrust: |
TRENT1000-J |
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74,400 pounds |
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Airframe Price Base Year/Escalation Formula: |
[*] |
[*] |
Airframe Price: |
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[*] |
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Engine Price Base Year/Escalation Formula: |
[*] |
[*] |
Optional Features: |
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[*] |
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Sub-Total of Airframe and Features: |
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[*] |
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Airframe Escalation Data: |
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Engine Price (Per Aircraft): |
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[*] |
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Base Year Index (ECI): |
[*] |
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Aircraft Basic Price (Excluding BFE/SPE): |
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[*] |
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Base Year Index (CPI): |
[*] |
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Buyer Furnished Equipment (BFE) Estimate: |
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[*] |
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Engine Escalation Data: |
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In-Flight Entertainment (IFE) Estimate: |
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[*] |
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Base Year Index (ECI): |
[*] |
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Base Year Index (CPI): |
[*] |
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Refundable Deposit/Aircraft at Proposal Accept: |
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[*] |
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Escalation Estimate |
Advance Payment Per Aircraft |
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Number |
Manufacturer's |
Escalation |
Escalation |
Adv Payment |
(Amts. Due/Mos. Prior to Delivery): |
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Delivery |
of |
Serial |
Optional |
P.A. |
Engine |
Factor |
Factor |
Base |
[*] |
[*] |
[*] |
[*] |
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Date |
Aircraft |
Number |
Features Price |
Exhibit A |
Selection |
Lessee |
(Airframe) |
(Engine) |
Price Per A/P |
[*] |
[*] |
[*] |
[*] |
[*]-2017* |
1 |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
[*] |
Total: |
1 |
[*]
Note: Serial Numbers are provided as guidance only and are subject to change.
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
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72672-1F.TXT |
Boeing Proprietary |
Page 1 |
Enclosure x
HAZ[*] 787-9 AIRCRAFT CONFIGURATION
between
THE BOEING COMPANY
and
Air Lease Corporation
Exhibit A3
to Purchase Agreement Number PA-03659
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
HAZ-PA-03659-EXA3 |
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BOEING PROPRIETARY |
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Enclosure x
Exhibit A3
AIRCRAFT CONFIGURATION
Dated , 2017
relating to
BOEING MODEL 787-9 AIRCRAFT
The Detail Specification is Boeing document number [*]. The Detail Specification provides further description of the configuration set forth in this Exhibit A3. Such Detail Specification will be comprised of Boeing configuration specification [*]. As soon as practicable, Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*]. [*].
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
HAZ-PA-03659-EXA3 |
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BOEING PROPRIETARY |
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Enclosure x
[*]
* Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
HAZ-PA-03659-EXA3 |
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BOEING PROPRIETARY |
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