Letter Agreement WJE-PA-05130-LA-2103930R2 by and between The Boeing Company and Allegiant Air, LLC dated November 14, 2024
EX-10.76 15 a1076letteragreementwje-pa.htm EX-10.76 Document








Exhibit 10.76
[***] Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10). Such excluded information is not material and would likely cause competitive harm to the registrant if publicly disclosed.
The Boeing Company
P.O. Box 3707
Seattle, WA 98124 2207

WJE-PA-05130-LA-2103930R2
Allegiant Air, LLC
1201 N. Town Center Drive
Las Vegas, NV 89144
[***]: [***]
Reference: Purchase Agreement No. PA-05130 (Purchase Agreement) between The
Boeing Company (Boeing) and Allegiant Air, LLC (Customer) relating to
model 737-8-200 aircraft and model 737-7 aircraft (each or collectively, Aircraft)
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement.
1.Definitions.
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2. [***]
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3. [***]
3.1 [***]
3.2 [***]
3.2.1 [***]
3.2.2 [***]
(i) [***]
(ii) [***]
(iii) [***]
3.3 [***]
3.3.1 [***]
(i) [***]
3.3.2 [***]
3.3.3 [***]
3.4 [***]
4. [***]
4.1 [***]
4.1.1 [***]
4.1.2 [***]
4.2 [***]
4.3 [***]
5. [***].
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6. [***]
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8. Confidentiality.
The information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties. Customer will limit the disclosure of its contents to (i) Customer and Customer affiliates’ employees, officers and directors and (ii) Customer and Customer affiliates’ legal counsel, professional advisors and auditors subject to a duty of confidence or a non-disclosure undertaking, in each case with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase Agreement and who understand they are not to disclose its contents to any other person or entity without the prior written consent of Boeing unless disclosure is required by applicable law or court order, in which case, Customer shall (i) notify Boeing in writing of such disclosure requirement or request prior to making such disclosure, and will take steps to protect the information contained herein, and (ii) use reasonable efforts to obtain redaction and confidential treatment for the disclosed information or parts thereof. In addition, with respect to disclosure of the contents hereof to third parties who may be or are involved with financing (in any form, including sale and lease-back) of Aircraft (and/or Advance Payments) under the Purchase Agreement, Customer shall be entitled to disclose such information to such third party financiers, after consultation with Boeing, as the parties shall mutually agree (each acting reasonably and within industry and financing norms).
ACCEPTED AND AGREED TO this | ||||||||||||||
Date: | November 14, 2024 | |||||||||||||
Allegiant Air, LLC | THE BOEING COMPANY | |||||||||||||
By: | /s/: Robert Neal | By: | /s/: Alan Luan | |||||||||||
Name: | Robert Neal | Name: | Alan Luan | |||||||||||
Title: | CFO | Title: | Attorney-In-Fact |
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ATTACHMENT A
Escalation Forecast & Escalation Notice Date
Escalation Forecast | Applicable to Program Aircraft Delivering in Time Period | Escalation Notice Date | ||||||
Aug 2021 | February 2023 through July 2023 | 15 Oct 2021 | ||||||
Feb 2022 | August 2023 through January 2024 | 15 Apr 2022 | ||||||
Aug 2022 | February 2024 through July 2024 | 15 Oct 2022 | ||||||
Feb 2023 | August 2024 through January 2025 | 15 Apr 2023 | ||||||
Aug 2023 | February 2025 through July 2025 | 15 Oct 2023 | ||||||
Feb 2024 | August 2025 through January 2026 | 15 Apr 2024 | ||||||
Aug 2024 | February 2026 through July 2026 | 15 Oct 2024 | ||||||
Feb 2025 | August 2026 through January 2027 | 15 Apr 2025 | ||||||
Aug 2025 | February 2027 through July 2027 | 15 Oct 2025 | ||||||
Feb 2026 | August 2027 through January 2028 | 15 Apr 2026 | ||||||
Aug 2026 | February 2028 through July 2028 | 15 Oct 2026 | ||||||
Feb 2027 | August 2028 through January 2029 | 15 Apr 2027 | ||||||
Aug 2027 | February 2029 through July 2029 | 15 Oct 2027 | ||||||
Feb 2028 | August 2029 through January 2030 | 15 Apr 2028 | ||||||
Aug 2029 | February 2030 through July 2030 | 15 Oct 2028 |
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ATTACHMENT B
Cumulative Annual Escalation Factors
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