AMENDMENT NO. 16 TO THE A320 FAMILY PURCHASE AGREEMENT Dated as of May 5, 2004 BETWEEN AIRBUS S.A.S. (legal successor to AVSA S.A.R.L.) AND SPIRIT AIRLINES, INC.
Exhibit 10.2
THE USE OF THE FOLLOWING NOTATION IN THIS EXHIBIT INDICATES THAT THE CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION: [***]
AMENDMENT NO. 16
TO
Dated as of May 5, 2004
BETWEEN AIRBUS S.A.S. (legal successor to AVSA S.A.R.L.)
AND
This Amendment No. 16 to the A320 Family Purchase Agreement dated as of May 5, 2004 (this “AAmendment”), is entered into as of December 17, 2013, by and between AIRBUS S.A.S. (legal successor to AVSA S.A.R.L.), organized and existing under the laws of the Republic of France, having its registered office located at 0, Xxxx Xxxxx Xxxxxxx Xxxxxxxx, 00000 Xxxxxxx, Xxxxxx (the “USellerU”) and SPIRIT AIRLINES, INC., a corporation organized and existing under the laws of the State of Delaware, United States of America, having its principal corporate office located at 0000 Xxxxxxxxx Xxx, Xxxxxxx, Xxxxxxx 00000, X.X.X. (the “UBuyerU”).
WHEREAS, the Buyer and the Seller have entered into an A320 Family Purchase Agreement, dated as of May 5, 2004, which, together with all Exhibits, Appendices and Letter Agreements attached thereto and as amended, modified or supplemented from time to time is hereinafter called the “Agreement”; and
WHEREAS, the Buyer has requested and the Seller has agreed to advance the Scheduled Delivery Months of [***] A320 Aircraft in accordance with the terms and conditions herein, and
WHEREAS, the Buyer and the Seller will amend certain other terms of the Agreement in consideration of the foregoing.
NOW, THEREFORE, IT IS AGREED AS FOLLOWS:
The capitalized terms used herein and not otherwise defined in this Amendment will have the meanings assigned to them in the Agreement. Except as used within quoted text, the
Exhibit 10.2
terms “herein,” “hereof,” and “hereunder” and words of similar import refer to this Amendment.
1 - | AMENDMENTS |
1.1 | Delivery Stream |
Clause 9.1.1.3 of the Agreement is deleted in its entirety and is replaced by the following:
QUOTE
9.1.1.3 | The Scheduled Delivery Months for the A320 Group 1 Aircraft and A320 Group 2 Aircraft are as follows: |
Exhibit 10.2
Aircraft | Quantity | Month | Year | CAC ID No. |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 1 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
A320 Group 2 Aircraft | [***] | [***] | [***] | [***] |
UNQUOTE
For the avoidance of doubt, the entire delivery schedule for the Buyer’s backlog Aircraft is included in Appendix A of this Amendment No. 16.
1.2 | PRICE |
Clauses 3.1.1.3.4 and 3.1.1.3.5 of the Agreement are deleted in their entirety and are replaced with the following:
Exhibit 10.2
QUOTE
3.1.1.3.4 The base price (the "CFMI LEAP-X1A26 Base Price") of a set of two (2) CFM International LEAP-X1A26 engines, at delivery conditions prevailing in January 2011 is:
US$ [***]
(US dollars-[***]).
Said base price has been calculated from the reference price (the " CFMI LEAP-X1A26 Reference Price") indicated by the NEO Propulsion System Manufacturer of US$ [***] (US dollars - [***]) in accordance with delivery conditions prevailing in January 2010.
3.1.1.3.5 The base price (the "PW1127G-JM Base Price") of a set of two (2) Xxxxx & Xxxxxxx PW1127G-JM engines, at delivery conditions prevailing in January 2011 is:
US$ [***]
(US dollars-[***]).
Said base price has been calculated from the reference price (the " PW1127G-JM Reference Price") indicated by the NEO Propulsion System Manufacturer of US$ [***] (US dollars-[***]) in accordance with delivery conditions prevailing in January 2010.
UNQUOTE
Exhibit 10.2
2 - | CONDITION PRECEDENT |
It is a condition precedent to the effectiveness of this Amendment No. 16 that, at the time of execution hereof, the Buyer shall pay to the Seller
US $[***]
(US dollars – [***])
as Predelivery Payments due in respect of A320 Group 2 Aircraft bearing CAC ID [***] and A320 Group 2 Aircraft bearing CAC ID [***].
3 - | EEFFECT OF THE AMENDMENTU |
3.1 | The Agreement as amended by this Amendment contains the entire agreement between the parties with respect to the subject matter hereof and supersedes any previous understanding, commitments or representations whatsoever, whether oral or written between the Buyer and the Seller. |
3.2 | The Agreement will be deemed amended to the extent provided in this Amendment and, except as specifically amended hereby, will continue in full force and effect in accordance with its original terms. |
4 - | UCONFIDENTIALITYU |
This Amendment and the terms and condition hereof are subject to the terms and conditions of Clause 22.7 of the Agreement.
5 - | GOVERNING LAWU |
5.1 | THIS AMENDMENT AND THE AGREEMENTS CONTEMPLATED HEREIN WILL BE GOVERNED BY AND CONSTRUED AND THE PERFORMANCE THEREOF WILL BE DETERMINED IN ACCORDANCE WITH THE PROVISIONS OF CLAUSE 22.4 OF THE AGREEMENT. |
5.2 | IT IS AGREED THAT THE UNITED NATIONS CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS WILL NOT APPLY TO THIS AMENDMENT. |
6 - | UCOUNTERPARTS |
This Amendment may be executed by the parties hereto in separate counterparts, each of which when so executed will be an original, but all such counterparts will 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).
Exhibit 10.2
IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by their respective officers thereunto duly authorized as of the day and year first above written.
AIRBUS S.A.S. | ||||
By: | /s/ Xxxxxx X. Xxxxxxxx | By: | /s/ Xxxxxxxxxx Xxxxxx | |
Its: | SVP and CFO | Its: | SVP Contracts | |
Exhibit 10.2
APPENDIX A
Delivery Period | Aircraft | CAC ID | Delivery Period | Aircraft | CAC ID | |
[***] | A320 Group 2 Aircraft | [***] | [***] | Converted A321 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A321 Amd 14 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | Converted A321 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | Converted A321 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | Converted A321 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | Converted A321 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | Converted A321 Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | 2013 Converted Aircraft (A321 NEO) | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | 2013 Converted Aircraft (A321 NEO) | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | 2013 Converted Aircraft (A321 NEO) | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | 2013 Converted Aircraft (A321 NEO) | [***] | |
[***] | A320 Group 2 Aircraft | [***] | [***] | 2013 Converted Aircraft (A321 NEO) | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
Exhibit 10.2
APPENDIX A
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | Converted A321 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | Converted A321 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | Converted A321 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A321 Amd 14 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | A320 Group 3 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
[***] | Converted A321 Aircraft | [***] | [***] | A320 NEO Aircraft | [***] | |
