AMENDMENT N° 6 TO THE A320 NEO FAMILY PURCHASE AGREEMENT BETWEEN AIRBUS S.A.S. as Seller and AIR LEASE CORPORATION
Confidential Treatment
Requested Pursuant to Rule 24b-2
AMENDMENT N° 6
TO THE
A320 NEO FAMILY PURCHASE AGREEMENT
BETWEEN
AIRBUS S.A.S.
as Seller
and
AIR LEASE CORPORATION
As Buyer
AMENDMENT N° 6 TO THE
A320 NEO FAMILY PURCHASE AGREEMENT
This amendment N° 6 (the “Amendment N° 6”) dated March 18, 2015 is made
BETWEEN:
AIRBUS S.A.S., a societe par actions simplifiee, created and existing under French law having its registered office at 0 Xxxx-Xxxxx Xxxxxxx Xxxxxxxx, 00000 Xxxxxxx-Xxxxx, Xxxxxx and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the “Seller”),
and
AIR LEASE CORPORATION, a corporation organised and existing under the laws of the State of Delaware, U.S.A., having its principal place of business at 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 0000X, Los Angeles, California 90067, U.S.A. (the “Buyer”).
The Buyer and Seller together are referred to as the “Parties”.
WHEREAS:
A. The Buyer and the Seller have signed a purchase agreement with reference CLC XX0000000 on the 10th May 2012 for the manufacture and sale by the Seller and purchase by the Buyer of thirty-six (36) firm A320 NEO Family aircraft hereinafter together with its Exhibits and Letter Agreements and as further amended from time to time referred to as the “Agreement”.
B. The Buyer and the Seller have signed an amendment No. 1 to the Agreement on the 28th December 2012 for the manufacture and sale by the Seller and purchase by the Buyer of fourteen (14) incremental A320 NEO Family aircraft referred to as “Amendment N°1”.
C. The Seller and the Buyer have signed an amendment No. 2 to the Agreement on the 14th of July 2014 to (i) [*] and (ii) [*] referred to as “Amendment N°2”.
D. The Buyer and the Seller have signed an amendment No. 3 to the Agreement on 14th July 2014 for the manufacture and sale by the Seller and purchase by the Buyer of sixty (60) incremental A320 NEO Family aircraft (the “Amendment 3 NEO Aircraft”) referred to as “Amendment N°3”.
E. The Buyer and the Seller have signed an amendment No. 4 to the Agreement on 10th of October 2014 for [*] referred to as “Amendment N°4”.
*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
F. The Buyer and the Seller have signed an amendment No. 5 to the Agreement on March 3rd 2015 for the cancellation of sixty (60) Amendment 3 NEO Aircraft and for the manufacture and sale by the Seller and purchase by the Buyer of ninety (90) incremental A321 NEO Family aircraft (the “Amendment 5 NEO Aircraft”) referred to as “Amendment N°5”.
G. The Parties now wish to [*].
The terms “herein”, “hereof’ and “hereunder” and words of similar import refer to this Amendment N° 6. Capitalized terms used herein and not otherwise defined herein will have the meanings assigned thereto in the Agreement.
NOW IT IS HEREBY AGREED AS FOLLOWS:
*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
1.[*]
1.1.[*]
1.2. The Parties hereby agree to delete Paragraph 7 of Letter Agreement N°1 to the Amendment N° 5 in its entirety and to replace it by the following quoted text:
[*]
2.[*]
2.1.[*]
2.2. [*] the table in Clause 9.1 of the Agreement, as may have been amended from time to time, will be deleted in its entirety and replaced by the one set forth in Appendix 1 hereto.
2.3.[*], the Buyer hereby acknowledges and agrees that [*]:
(i) the CDF Date (as defined in the Agreement) shall be achieved not later than [*], and
(ii) the following customization milestones shall be achieved in the below indicated timeframe:
[*]
*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
3. INCONSISTENCY AND CONFIDENTIALITY
3.1. In the event of any inconsistency between the terms and conditions of the Agreement and those of this Amendment N° 6, the latter shall prevail to the extent of such inconsistency, whereas the part of the Agreement not concerned by such inconsistency shall remain in full force and effect.
3.2. This Amendment N° 6 reflects the understandings, commitments, agreements, representations and negotiations related to the matters set forth herein whatsoever, oral and written, and may not be varied except by an instrument in writing of even date herewith or subsequent hereto executed by the duly authorised representatives of both Parties.
3.3. This Amendment N° 6 shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party without the prior consent of the other Party except as may be required by law, or to professional advisors for the implementation hereof.
4. COUNTERPARTS
This Amendment N° 6 may be executed by the Parties 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.
5. LAW AND JURISDICTION
The provisions of Clause 22.6 of the Agreement shall apply to this Amendment N° 6 as if the same were set out in full herein, mutatis mutandis.
IN WITNESS WHEREOF this Amendment N° 6 was entered into the day and year first above written.
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For and on behalf of |
For and on behalf of |
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AIR LEASE CORPORATION |
AIRBUS S.A.S. |
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By: |
/s/ Xxxxx Xxxx |
By: |
/s/ Xxxxxxxxxx Xxxxxx |
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Its: Executive Vice President |
Its: Senior Vice President Contracts |
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APPENDIX 1
A320 NEO PA
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CAC ID |
Aircraft Rank |
Delivery Date |
Aircraft Type |
Engine Type |
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[*] |
[*] |
[*] |
2016 |
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*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
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CAC ID |
Aircraft Rank |
Delivery Date |
Aircraft Type |
Engine Type |
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*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
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CAC ID |
Aircraft Rank |
Delivery Date |
Aircraft Type |
Engine Type |
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2023 |
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*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
