Exhibit 101.1 Interactive Date Files

EX-10.28 15 fdx-ex10_28.htm EX-10.28 EX-10.28

Exhibit 10.28

INFORMATION IN THIS EXHIBIT IDENTIFIED BY BRACKETS IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(IV) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE THAT FEDEX TREATS AS PRIVATE OR CONFIDENTIAL.

Supplemental Agreement No. 19

to

Purchase Agreement No. 3157

between

The Boeing Company

And

Federal Express Corporation

Relating to Boeing Model 777-FREIGHTER Aircraft

THIS SUPPLEMENTAL AGREEMENT, entered into as of the 27 th day of October, 2011, by and between THE BOEING COMPANY (Boeing) and FEDERAL EXPRESS CORPORATION (Customer);

W I T N E S S E T H :

WHEREAS, the parties entered into that certain Purchase Agreement No. 3157, dated November 7, 2006 (Purchase Agreement), relating to the purchase and sale of certain Boeing Model 777-FREIGHTER Aircraft (the Aircraft); and

WHEREAS, Customer desires to re-schedule the delivery of certain Aircraft (Affected Aircraft) as identified in the table below:

 

Manufacturer’s

Serial

Number (MSN)

  

Table

  

Current Delivery

Dates of

Affected Aircraft

  

Revised Delivery

Dates of Affected

Aircraft

[ * ]    Table 1-D    [ * ]    [ * ]
[ * ]    Table 1    [ * ]    [ * ]

NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties hereto agree to supplement the Purchase Agreement as follows:

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

 

P.A. No. 3157   1   SA 19
BOEING PROPRIETARY

All terms used herein and in the Purchase Agreement, and not defined herein, shall have the same meaning as in the Purchase Agreement.

 

1.

Remove and replace, in its entirety, the “Table of Contents” with the revised Table of Contents attached hereto to reflect the changes made by this Supplemental Agreement No. 19.

 

2.

Remove and replace, in its entirety, the “Table 1” with the revised Table 1 attached hereto to reflect the delivery date, pricing and advance payments as a result of rescheduling the Affected Aircraft bearing MSN [ * ].

 

3.

Remove and replace, in its entirety, the “Table 1-D” with the revised Table 1-D attached hereto to reflect the delivery date, pricing and advance payments as a result of the rescheduling the Affected Aircraft bearing MSN [ * ].

 

4.

Customer and Boeing hereby acknowledge and confirm that Letter Agreement 6-1162-RRO-1144R5 entitled [ * ] is hereby cancelled and replaced in its entirety with Letter Agreement 6-1162-RRO-1144R6 entitled [ * ].

 

5.

[ * ]

 

6.

This Supplemental Agreement No. 19 shall not be effective unless executed and delivered by Customer on or prior to October 31, 2011.

 

7.

For the avoidance of doubt, notwithstanding the rescheduling of the Affected Aircraft, Special Matters Letter Agreement 6-1162-RCN-1790 continues to apply to MSN [ * ] and Special Matters Letter Agreement FED-PA-LA-1001683R1 continues to apply to MSN [ * ].

EXECUTED as of the day and year first above written.

 

THE BOEING COMPANY    FEDERAL EXPRESS CORPORATION
By:   

/s/ STUART C. ROSS

   By:   

/s/ PHILLIP C. BLUM

Its:    Attorney-In-Fact    Its:    Vice President

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

 

P.A. No. 3157   2   SA 19
BOEING PROPRIETARY

TABLE OF CONTENTS

 

     SA  
     NUMBER  

ARTICLES

  

1. Quantity, Model and Description

  

2. Delivery Schedule

  

3. Price

  

4. Payment

  

5. Miscellaneous

  

TABLE

  

1. Aircraft Information Table

     19  

1B Block B Aircraft Information Table

     4  

1C Block C Aircraft Information Table

     13  

1C1 Block C Aircraft Information Table (MSN [ * ])

     11  

1C2 Block C Aircraft Information Table

     16  

1D Block D Aircraft Information Table

     19  

EXHIBIT

  

A. Aircraft Configuration

     4  

A1. Aircraft Configuration (Block B Aircraft)

     4  

A2. Aircraft Configuration (Block C Aircraft except MSN [ * ])

     11  

A3. Aircraft Configuration (Block C Aircraft w/ MSN [ * ])

     11  

A4. Aircraft Configuration (Block D Aircraft)

     12  

B. Aircraft Delivery Requirements and Responsibilities

  

SUPPLEMENTAL EXHIBITS

  

AE1. Escalation Adjustment/Airframe and Optional Features

  

CS1. Customer Support Variables

  

EE1. Engine Escalation/Engine Warranty and Patent Indemnity

  

SLP1. Service Life Policy Components

  

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

 

P.A. No. 3157   3   SA 19
BOEING PROPRIETARY

          SA

LETTER AGREEMENT

       

NUMBER

3157-01    777 Spare Parts Initial Provisioning   
3157-02    Demonstration Flight Waiver   
6-1162-RCN-1785    [ * ]   
6-1162-RCN-1789    Option Aircraft [Attachment to Letter 6-1162-RCN-1789]    Exercised in SA # 4
6-1162-RCN-1790    Special Matters   
6-1162-RCN-1791    Performance Guarantees    4
6-1162-RCN-1792    Liquidated Damages Non-Excusable Delay   
6-1162-RCN-1793    Open Configuration Matters   
6-1162-RCN-1795    AGTA Amended Articles   
6-1162-RCN-1796    777 First-Look Inspection Program   
6-1162-RCN-1797    Licensing and Customer Supplemental Type Certificates   
6-1162-RCN-1798    777 Boeing Converted Freighter    Deleted in SA # 4
6-1162-RCN-1798 R1    777 Boeing Converted Freighter    4
6-1162-RCN-1799    [ * ]   
6-1162-RRO-1062    Option Aircraft    4
   Attachment to Letter 6-1162-RRO-1062    16
6-1162-RRO-1065    Performance Guarantees for Block B Aircraft    4
6-1162-RRO-1066R1    Special Matters for Block B Aircraft    4
6-1162-RRO-1067   

Special Matters for Option Aircraft detailed in

Letter Agreement 6-1162-RRO-1062

   4
6-1162-RRO-1068    Special Provision — Block B Aircraft    4
FED-PA-LA-1000790R2    Special Matters for Block C Aircraft    16
FED-PA-LA-1001683R1    Special Matters for Block D Aircraft    16
6-1162-RRO-1144R 6    [ * ]    19

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

 

P.A. No. 3157   4   SA 19
BOEING PROPRIETARY

SUPPLEMENTAL AGREEMENTS

  

DATED AS OF:

Supplemental Agreement No. 1    May 12, 2008
Supplemental Agreement No. 2    July 14, 2008
Supplemental Agreement No. 3    December 15, 2008
Supplemental Agreement No. 4    January 9, 2009
Supplemental Agreement No. 5    January 11, 2010
Supplemental Agreement No. 6    March 17, 2010
Supplemental Agreement No. 7    March 17, 2010
Supplemental Agreement No. 8    April 30, 2010
Supplemental Agreement No. 9    June 18, 2010
Supplemental Agreement No. 10    June 18, 2010
Supplemental Agreement No. 11    August 19, 2010
Supplemental Agreement No. 12    September 3, 2010
Supplemental Agreement No. 13    August 27, 2010
Supplemental Agreement No. 14    October 25, 2010
Supplemental Agreement No. 15    October 29, 2010
Supplemental Agreement No. 16    January 31, 2011
Supplemental Agreement No. 17    February 14, 2011
Supplemental Agreement No. 18    March 31, 2011
Supplemental Agreement No. 19    October __, 2011

 

P.A. No. 3157   5   SA 19
BOEING PROPRIETARY

  

The Boeing

Company

P. O. Box 3707

Seattle, WA

98124-2207

October 27, 2011

6-1162-RRO-1144 R6

Federal Express Corporation

3610 Hacks Cross Road

Memphis, TN 38125

 

Attention: Mr. Kevin Burkhart

Managing Director — Aircraft Acquisitions & Sales

Subject:    [ * ]
Reference:    Supplemental Agreement No. 8, Nos. 13 through No. 16, No. 18 and No. 19 to Purchase Agreement 3157, dated November 7, 2006, between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to Model 777-FREIGHTER Aircraft (the Aircraft)

Dear Mr. Burkhart:

In consideration of the strong business relationship between Boeing and Customer and Customer executing Supplemental Agreements No. 8, Nos. 13 through No. 16, No. 18 and No. 19 , Boeing has agreed to [ * ].

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

 

P.A. No. 3157, 6-1162-RRO-1144R6

  BOEING PROPRIETARY   SA-19
[ * ]     Page 1

Confidential Treatment. Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent company, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law.

Further Customer agrees and acknowledges that Attachment A cannot be revised/modified in any way unless specifically agreed to in writing by Boeing.

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

 

P.A. No. 3157, 6-1162-RRO-1144R6

  BOEING PROPRIETARY   SA-19

[ * ]

    Page 2

Very truly yours,

THE BOEING COMPANY

 

By  

/s/ STUART C. ROSS

Its  

Attorney-In-Fact

ACCEPTED AND AGREED TO this

Date: October 27, 2011

FEDERAL EXPRESS CORPORATION

 

By  

/s/ PHILLIP C. BLUM

Its  

VP, Aircraft Acquisitions & SAO

Attachment

 

*

Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that FedEx treats as private or confidential.

Omitted Attachments

Certain attachments to this exhibit regarding delivery and pricing of certain B777F aircraft manufactured by The Boeing Company for FedEx have been omitted pursuant to Item 601(a)(5) of Regulation S-K because the information contained therein is not material and is not otherwise publicly disclosed. FedEx will furnish supplementally copies of these attachments to the Securities and Exchange Commission or its staff upon request.

 

P.A. 3157, 6-1162-RRO-1144R6

  BOEING PROPRIETARY   SA-19
[ * ]     Page 3