Amendment No. 5 to S-76 New Helicopter Sales Agreement between Sikorsky Aircraft Corporation and Offshore Logistics, Inc.

Summary

This amendment updates the S-76 New Helicopter Sales Agreement between Sikorsky Aircraft Corporation and Offshore Logistics, Inc. It specifies that if Offshore Logistics orders additional helicopters in 2004 under a specific option, those orders will reduce the number of helicopters they are required to purchase in 2005. All other terms of the original agreement remain unchanged.

EX-10.6 12 h31190exv10w6.htm AMENDMENT #5 TO SIKORSKY AGREEMENT exv10w6

Exhibit 10.6

AMENDMENT TO S-76 NEW HELICOPTER SALES AGREEMENT

THIS AMENDMENT, dated as of the Acceptance Date stated below, by and between the Sikorsky Contracting Entity (“Sikorsky”) named below and the Buyer named below, hereby amends the S-76 New Helicopter Sales Agreement between the parties as follows:

1. Definitions/Information for this Amendment


Buyer:		Offshore Logistics, Inc.
Sikorsky Contracting Entity:		Sikorsky Aircraft Corporation
Sikorsky Contract No.:		S76TD02065
Amendment No.:		5

2. Amendment — Amend the S-76 Sales Agreements as follows:

In Article I, Option 1 Aircraft, add the following sentence: In the event that Buyer orders additional aircraft in 2004 under this Option 1, the quantity of Option 1 aircraft ordered in 2004 shall offset the same quantity of aircraft under Buyer’s obligation for Finn Aircraft in 2005.

Reaffirmation — Except as modified above, all of the provisions of the Agreement remain the same, and the Agreement as modified hereby, is reaffirmed.

IN WITNESS WHEREOF, this Amendment has been executed by each party’s authorized representative.


Offshore Logistics, Inc.:		Sikorsky Aircraft Corporation:
By: /s/ Michael R. Suldo		By: /s/ Marc Poland
Name: Michael R. Suldo		Name: Marc B. Poland
Title: General Manager, Air Logistics		Title: Director, Business Operations
Date: July 12, 2004		Date: July 13, 2004