Amendment 51 to Special Business Provisions (SBP) BCA-MS ###-###-####, dated January 4, 2023, by and between Spirit AeroSystems, Inc. and The Boeing Company
EX-10.1 2 spr_20230330-ex101.htm EX-10.1 Document
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (i) NOT MATERIAL AND (ii) WOULD BE LIKELY TO CAUSE COMPETITIVE HARM TO THE COMPANY IF PUBLICLY DISCLOSED. SUCH EXCLUDED INFORMATION IS DENOTED BY ASTERISKS IN BRACKETS [*****].
AMENDMENT 51
TO
SPECIAL BUSINESS PROVISIONS (SBP) MS ###-###-####
BETWEEN
THE BOEING COMPANY
AND
SPIRIT AEROSYSTEMS, INC.
This Amendment 51 (“Amendment”) to Special Business Provisions MS ###-###-#### is entered into as of the date of the last signature below (“Effective Date”), between The Boeing Company, a Delaware Corporation (“Boeing”), and Spirit AeroSystems, Inc., a Delaware Corporation with its principal office in Wichita, Kansas (“Seller”). Boeing and Seller sometimes are referred to herein individually as a “Party” and collectively as the “Parties.”
RECITALS
A.The Parties entered into Special Business Provisions MS ###-###-####, dated June 16, 2005, (the “SBP”) and the General Terms Agreement BCA ###-###-####, dated June 17, 2005, (the “GTA”), and including any amendments to the SBP and GTA (collectively the “Agreement”).
B.The most recent amendment to the SBP is Amendment 50, entered into on September 16, 2022.
C.The Parties wish to modify: (i) the 777 Discount for 777 300ER, 200LR, and 200F Aircraft; and (ii) the 747/767/777 constraint matrix (set forth in SBP Attachment 1, Section 7.b, and SBP Attachment 15, respectively), as specified herein.
D.The Parties wish to memorialize their agreement on this matter in this Amendment to the SBP, in accordance with the terms set forth below.
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AGREEMENT
NOW THEREFORE, the Parties agree as follows:
1.The list of “AMENDMENTS” within the SBP is hereby deleted and replaced in its entirety as follows:
“AMENDMENTS
Amendment Number | Description | Effective Date | Approval | ||||||||
1 | Revise Company name from Mid-Western Aircraft Systems Incorporated to Spirit AeroSystems throughout document. Update Attachments 1, 2, 4, 14 and 16. | 2/23/2006 | H. McCormick R. Stone | ||||||||
2 | Incorporate CCNs as listed in Amendment 2 Attachment A, includes addition of new section 12.19, modification to sections 3.4.9, 12.16 and 32.0. Updates to Attachments 1, 2, 6, 7, 15, 16, 19 and 20. | 4/11/2007 | H. McCormick J. Edwards | ||||||||
3 | Incorporate CCNs as listed in Amendment 3, Attachment A. Updates to Attachments 1, 2, 7, 14, 15, 16 and 22. | 11/28/2007 | H. McCormick J. Edwards | ||||||||
4 | Incorporate CCNs as listed in Amendment 4, Attachment A. Updates to Attachments 1, 2, 7, 14, 15, 16. Incorporate Attachment 1A per CCN 508, 1328. | 7/8/2008 | S. Hu W. Wallace | ||||||||
5 | Incorporate CCNs as listed in Amendment 5, Attachment A, includes addition of new section 12.3.1.1 Updates to Attachments 1, 2, 7, 14, 15, 16 and 20. | 6/22/2009 | S. Hu R. Stone | ||||||||
6 | Incorporate CCNs as listed in Amendment 6, Attachment A. Updates to Attachments 1, 2, 4, 7, 9, 10, 14 and 16. Incorporate Attachment 9 per CCN 2385. | 11/23/2010 | S. Hu M. Milan | ||||||||
7 | Incorporate CCNs as listed in Amendment 7, Attachment A, includes addition of new section 12.13.3.1. Updates to Attachments 1, 2, 4, 7, 9, 14 and 16. Incorporate Attachment 1B per CCN 4212 and Attachment 23 per the 767-2C MOA. | 7/28/2011 | S. Hu M. Milan | ||||||||
8 | Incorporate CCNs as listed in Amendment 8, Attachment A, includes revisions to section 7.9 and 12.13.1.1. Updates to Attachments 1, 2, 4, 7, 9, 14, 15 and 16. | 8/16/2013 | C. Howell M. Milan | ||||||||
9 | Incorporate Attachment 25 - 737 Max Titanium Inner Wall Agreement. | 9/4/2014 | E. Flagel M. Milan | ||||||||
10 | Incorporate Attachment 26-737 Derailment. | 9/2/2014 | B. Folden R. Ast | ||||||||
11 | Incorporate Attachment 27 -737-MAX Non-Recurring Agreement, and Attachment 28 737/747/767/777 Pricing Agreement. Updates Section 4.1, Attachment 4, Section B.1, Attachments 9 and 15 | 3/10/2015 | C. Howell R. Ast | ||||||||
12 | Delete and replace Attachment 25, Section 3.0. | 4/9/2015 | K. Drawsky R. Ast | ||||||||
13 | Incorporate CCNs as listed in Amendment 13, Attachment A. Updates to Attachments 1, 2, 7, 9, 14, and 16. | 1/4/2016 | L. Taylor K. Leyba | ||||||||
14 | Incorporate Attachment 25, Addendum 1. | 4/21/2015 | D. Blaylock R. Grant | ||||||||
15 | NULL | NULL | NULL | ||||||||
16 | NULL | NULL | NULL | ||||||||
17 | Incorporate Attachment 29, 777X Non-Recurring Agreement. | 12/23/2015 | A. Lucker E. Bauer | ||||||||
18 | NULL | NULL | NULL | ||||||||
19 | NULL | NULL | NULL | ||||||||
20 | 737 MAX Inner Wall. | 12/17/2015 | S. Garcia-Deleone J.Reed | ||||||||
21 | Revisions to Attachment 27, 737 MAX Non-Recurring Agreement. | 5/9/2016 | D. Blaylock R. Grant | ||||||||
22 | 737 MAX Composite Inner Wall Line Movement. | 11/2/2016 | D. Blaylock E. Bossler |
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23 | 737 MAX 9 INITIAL and CIW Line [*****] Tooling Incentive Agreement. | 12/16/2016 | D. Blaylock E. Bossler | ||||||||
24 | Incorporate CCNs as listed in Amendment 23, Attachment A. Updates to Attachments 1, 2, 7, 9, and 14. | 12/20/2016 | L. Taylor K. Leyba | ||||||||
25 | Revisions to Attachment 27, 737 MAX Non-Recurring. | 3/16/2017 | D. Blaylock E. Bossler | ||||||||
26 | Revisions to Attachment 27, 737 MAX Non-Recurring Agreement. | 3/23/2017 | D. Blaylock E. Bossler | ||||||||
27 | Incorporate Attachment 30, “737 NG / MAX Vapor Barrier Agreement”, Updates to Attachment 1 and 9. | 3/31/2017 | B. Edwards K. Clark | ||||||||
28 | Revisions to Attachment 29, 777X NRE Agreement. | 6/22/2017 | K. O'Connell C. Green | ||||||||
29 | Revisions to Attachment 27, 737 MAX Non-Recurring Agreement. | 7/20/2017 | D. Blaylock E. Bossler | ||||||||
30 | Delete and Replace SBP Sections 4.1, 4.1.1, 5.1.1, 5.2.1, 7.2, 8.0, 12.11, and 12.13.1.1 and SBP Attachments 1, 1B, 10 Section A10.2.10, 15, 16, 22, 27, and 29. Delete and Reserve SBP Attachments 1C, 20, and 28. Incorporate SBP Attachment 1D and 31. | 9/22/2017 | B. Edwards W. Wilson | ||||||||
31 | Revisions to Attachment 27, 737-8 Rate Tooling Incentive Agreement. | 10/18/2017 | D. Blaylock E. Bossler | ||||||||
32 | Revisions to Attachment 27, 737 MAX Non-Recurring Agreement. | 11/15/2017 | D. Blaylock E. Bossler | ||||||||
33 | Revisions to Attachment 27, 737 MAX Non-Recurring Agreement. | 11/30/2017 | D. Blaylock E. Bossler | ||||||||
34 | Revisions to Attachment 27, 737-10 Non-Recurring Non-Tooling. | 2/23/2018 | D. Blaylock E. Bossler | ||||||||
35 | Revisions to Attachment 27, 737-9 Rate Tooling [*****]. | 4/18/2018 | D. Blaylock E. Bossler | ||||||||
36 | Revisions to Attachment 27, 737-10 Wing NRE | 6/20/2018 | D. Blaylock E. Bossler | ||||||||
37 | Incorporation of new Sections: 3.3.4.10 767 One Piece SOW Tooling, 3.3.7 767 One Piece SOW Non-Recurring Pricing, 3.4.2.2 Delivery Point and Schedule for 767 One Piece SOW and 3.8 767 One Piece Statement of Work Special Provisions. Updates to Sections 7.1, Attachment 1 and 9. | 8/17/2018 | H. Langowski R. Grant | ||||||||
38 | Revision to Attachment 27, 737 MAX BBJ8, BBJ7, and 737-10 SOW. | 11/1/2018 | T. Willis E. Bossler | ||||||||
39 | 4.1.1 is altered. A new section 4.7 is added. Attachment 1 (excluding the Exhibits) is deleted and replaced in its entirety. A new Attachment 32 “737 Value Engineering Cost Sharing” is added. Attachment 1 Exhibits B, B.1, B.2, C, C.1, C.2, D, D.1, D.2, E.1, E.2, F, F.1, and F.2 are deleted and replaced in their entirety. A new Attachment 1 Exhibit C.3 is added. Attachment 1B is deleted in its entirety. | 11/2/2018 | K. Shipley E. Bossler | ||||||||
40 | SBP Section 4.7 is deleted and replaced in its entirety. SBP Section 7.2 is deleted and replaced in its entirety. A new SBP Section 7.5.3 is added. SBP Attachment 1 (including Exhibits B, B.1, B,2. D, D.1, D.2, F, F.1, F.2, and G) is deleted and replaced in its entirety. SBP Attachment 1B is added and marked “Reserved”. SBP Attachment 15 is deleted and replaced in its entirety. SBP Attachment 16 (including its Exhibit) is deleted and replaced in its entirety. SBP Attachment 31 is deleted, replaced in its entirety, and marked “Reserved”. SBP Attachment 32 (including its Exhibit A) is deleted and replaced in its entirety. All of the above is accordance with the agreements as set forth in the Collective Resolution 2.0 Memorandum of Agreement (the “CR 2.0 MOA”), dated December 21, 2018 Concurrently with the CR 2.0 MOA, the Parties also executed that certain Settlement and Release Agreement, dated December 21, 2018, pertaining to the release and settlement of warranty and various other claims | 1/30/2019 | T. McGuigan E. Bossler |
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41 | Revisions to Attachment 29, 777-9 Rate Tooling. | 3/27/2019 | R. Velau D. Currie | ||||||||
42 | Reserved | TBD | TBD TBD | ||||||||
43 | Revisions to Attachment 1 Product Pricing. | 5/22/2019 | K. Doolin R. Grant | ||||||||
44 | Section 12.13.2 is deleted and replaced in its entirety. | 7/19/2019 | B. Nix E. Bossler | ||||||||
45 | Delete and Replace: -Section 3.8.b -Attachment 1, Exhibits D.1 and E.2 | 10/10/2019 | K. Doolin R. Grant | ||||||||
46 | Section 24.0 deleted and replaced. Section 24.1 incorporated. | 10/3/2019 | K. Doolin E. Bossler | ||||||||
47 | SPB Attachment 1 Section 7.b) is deleted and replaced in its entirety. SBP Attachment 1 Section 8.c) is deleted and replaced in its entirety. | 5/5/2020 | A. Klotz L. Hampton | ||||||||
48 | SBP Sections 5.2 and 5.2.1 are deleted and replaced in their entirety. Attachment 1, Sections 1.b, 1.c, 2.a.i, 2.b, 3, 2.c, and 7.a.ii, paragraph 1 are deleted and replaced in their entireties. Table 2 in Attachment 1, Sections 2.a, is deleted and replaced in its entirety. Attachment 1, Sections 2.a.vi, 2.a.vii, and 2.a.viii are deleted in their entireties. Attachment 2 is updated to included CCNs 12888, 12504R2, and 12568. Attachment 16, Sections b and c are deleted and replaced in their entireties. Attachment 23, Section XVIII.A., is deleted and replaced in its entirety. Attachment 29, Section 5.2.2 is deleted and replaced in its entirety. Attachment 29, Section 10.1.1 is deleted in its entirety. Attachment 29, Exhibit A is deleted and replaced in its entirety. | 1/18/2021 | L. Doyle E. Bossler | ||||||||
49 | SBP Section 12.13.1.1 is deleted and replaced in its entirety. SBP Attachment 16 is deleted and replaced in its entirety. | 3/11/2022 | J. Palmer L. Hampton | ||||||||
50 | Attachment 29, Section 5.3.1 is deleted and replaced in its entirety. | 9/16/2022 | J. Owings K. Snyder | ||||||||
51 | Attachment 1, Section 7.b is deleted and replaced in its entirety. Revisions to Attachment 15, 777 Constraint Matrix. | 1/4/2023 | J. Owings K. Snyder |
”
2.SBP Attachment 1, Section 7.b is deleted and replaced in its entirety with the following:
“b) 777 Discount for 777 300ER, 200LR, and 200F Aircraft
To assist Boeing in its marketing and sales opportunities for units unsold as of [*****], Seller agreed to provide a discount of [*****] on each of Boeing’s unsold 777 300ER, 200LR, and 200F aircraft to be built and delivered by Seller to Boeing with the aggregate discount not to exceed [*****]. The Parties agree Boeing will be paid the full discount value of [*****], of which Seller has already paid to Boeing [*****] as of [*****]. The remaining unpaid balance due to Boeing is [*****] and will be paid by [*****]. For the purpose of administrative convenience, the discounts shall be paid by Seller in increments as defined below:
• $[*****] to be paid on or about [*****]
• $[*****] to be paid on or about [*****]
• $[*****] to be paid on or about [*****]
• $[*****] to be paid on or about [*****]
• $[*****] to be paid on or about [*****]
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• $[*****] to be paid on or about [*****]
• $[*****] to be paid on or about [*****]
• $[*****] to be paid on or about [*****]”
3.SBP Attachment 15 “Maximum Production Rate and Model Mix Constraint Matrix” for 747, 767 and 777 is deleted and replaced in its entirety with the following:
“
747, 767 & 777 CONSTRAINT MATRIX
Models | Monthly | Wichita | Mix | Structures | Engine - Protection Rates | ||||||||||||||||||||||||||||||
747 | [*****] Units | [*****] Units | [*****] | Units Separation | Skin Polish | [*****] | [*****] | [*****] | [*****] | ||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | ||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | ||||||||||||||||||||||||||
767 | [*****] Units | [*****] Units | MIX | Units Separation | Skin Polish | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||||
777 | [*****] Units | [*****] Units | MIX | Units Separation | Skin Polish | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | |||||||||||||||||||||||||
[*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] | [*****] |
LEGEND | [*****] | ||||||||||||||||||||||
[*****] | |||||||||||||||||||||||
[*****] | |||||||||||||||||||||||
[*****] | |||||||||||||||||||||||
[*****] | |||||||||||||||||||||||
”
4.Miscellaneous.
4.1. All other provisions of the SBP remain unchanged and in full force and effect.
4.2. This Amendment constitutes the complete and exclusive agreement between the Parties with respect to the subject matter hereof and cancels and
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supersedes all previous agreements between the Parties relating thereto, whether written or oral.
5.Governing Law.
This Amendment shall be governed by the internal laws of the State of Washington without reference to any rules governing conflict of laws.
EXECUTED in duplicate as of the last date set forth below by the duly authorized representatives of the Parties.
THE BOEING COMPANY SPIRIT AEROSYSTEMS INC.
/s/ Joshua Owings | /s/ Kimberly Snyder | ||||||||||
Signature | Signature | ||||||||||
Joshua Owings | |||||||||||
Kimberly Snyder | |||||||||||
Printed name | Printed name | ||||||||||
Procurement Agent | |||||||||||
Contract Specialist | |||||||||||
Title | Title | ||||||||||
1/4/2023 | January 4, 2023 | ||||||||||
Date | Date |
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