Amendment No. 24 To Special Business Provisions (SBP) MS ###-###-#### between The Boeing Company and Spirit AeroSystems, Inc.

EX-10.55 7 spr-20161231xex105510k.htm EXHIBIT 10.55 Exhibit

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission. Omissions are designated by the symbol [*****].

EXHIBIT 10.55

Special Business Provisions

MS ###-###-####

Amendment No. 24

Amendment No. 24

Special Business Provisions (SBP) MS ###-###-#### between

The Boeing Company and Spirit AeroSystems, Inc.

THIS AMENDMENT (“SBP Amendment No. 24”), is entered into as of the last day of execution written below by and between Spirit AeroSystems, Inc. , having its principal office in Wichita, Kansas (“Seller”), and The Boeing Company, a Delaware corporation acting by and through its Boeing Commercial Airplanes division, with a place of business in Everett, Washington (“Boeing”).

Hereinafter, Seller and Boeing may be referred to jointly as “Parties” hereto.

WHEREAS, the Parties have entered into Special Business Provisions (SBP) MS- 65530-0016, dated June 16, 2005, as amended (“SBP”).

WHEREAS, the Parties have agreed to modify the SBP to incorporate updated Prices in SBP Attachment 1 (Work Statement and Pricing).

WHEREAS, the Parties have agreed to modify SBP Attachment 2 (Product Article Definition and Contract Change Notices) to reflect the incorporation of certain additional Contract Change Notices (CCNs) through December 31, 2015.

WHEREAS, the Parties have agreed to certain modifications to SBP Attachment 7 (Indentured Priced Parts List for POAs).

WHEREAS, the Parties have agreed to certain modifications to SBP Attachment 9 (Non- Recurring Agreements).

WHEREAS, the Parties have agreed to certain modifications to SBP Attachment 14 (Production Article Delivery Schedule).

NOW THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, and for other good and valuable consideration, the value, receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:


1.	THAT the AMENDMENTS index of the SBP is hereby deleted in its entirety and replaced with the following (passed over and not-to-be-used Amendment Numbers 15, 16, 18 and 19 have intentionally been designated “NULL”):



AMENDMENTS
Amend 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, 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, 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, 16. Incorporate Attachment 1B per CCN 4212 and Attachment 23 per the 767-2C MOA.	7/29/11	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, 16.	2/6/2013	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
16	NULL

17	Incorporate Attachment 29, 777X Non-Recurring Agreement	12/23/2015	A. Lucker E. Bauer

18	NULL
19	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

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


2.	THAT the Parties agree that SBP Attachment 1 excel files, under “Work Statement and Pricing,” “Attachment 1 Parts and Prices” are deleted in their entirety and replaced by Exhibits A-D of this Amendment, which incorporate the price impacts from the CCNs noted in this Paragraph 2.

Hereto “SBP MS ###-###-#### Attachment 1_Rev_013_737 is replaced by Exhibit A) “SBP MS ###-###-#### Amend 24_Attachment 1_737.xlsx”

Hereto “SBP MS ###-###-#### Attachment 1_Rev_013_747 is replaced by Exhibit B) “SBP MS ###-###-#### Amend 24_Attachment 1_747.xlsx”

Hereto “SBP MS ###-###-#### Attachment 1_Rev_013_767 is replaced by Exhibit C)

“SBP MS ###-###-#### Amend 24_Attachment 1_767.xlsx”

Hereto “SBP MS ###-###-#### Attachment 1_Rev_013_777 is replaced by Exhibit D) “SBP MS ###-###-#### Amend 24_Attachment 1_777.xlsx”

CCNs contributing to these changes are: 3126R2, 5445R1, 5446R1, 6487R1, 7175R2, 8283R3, 8657, 8695, 8705, 8715R1, 8715R2, 8719, 8721, 8724, 8724R1, 8752R1, 8752R2, 8770, 8770R1, 8776, 8777, 8777R1, 8786, 8787, 8792R1, 8905, 8983, 8987, 8998, 9012, 9015, 9016, 9033, 9044, 9045, 9064, 9074R1, 9074R2, 9204, 9205, 9218, 9298, 9367, 9368, 9475, 9481, 9491, 9495, 9495R1 and 9557, 9611 and 9688.


3.	THAT SBP Attachment 2 is revised to reflect incorporation of the CCNs in SBP Amendment No. 24 Attachment A.


4.	THAT SBP Attachment 7 is revised to reflect incorporation of CCNs 8393, 9073 and 9079.

THAT SBP Attachment 9 is revised to reflect the incorporation of CCNs 2580R4, 3126R2, 4451R1, 5889R5, 6527, 6086, 6086R2, 6086R6, 6086R7, 6086R8, 6086R10, 6086R11, 6487R1, 7752R4, 7903, 8327, 8426, 8493R1, 8494R1, 8505, 8548, 8552, 8556, 8593, 8594, 8595, 8595R1, 8657, 8664, 8695, 8705, 8719, 8721, 8724, 8724R1, 8737, 8776, 8792R1, 8820, 9008, 9010, 9011, 9012, 9015, 9016, 9034, 9043, 9044, 9045, 9054, 9101, 9146, 9147, 9148, 9149, 9205, 9313, 9314, 9424, 9425, 9426, 9491, 9591, 9610, 9611, 9638, 9651, 9688, 9693, 9718, 9719 and 9758. Attachment 9 is further revised to reflect incorporation of Settlement letter 6-5AC1-DJB15-0059 R2.

THAT SBP Attachment 14 is revised to incorporate the agreed-to firing orders as reflected in CCNs 5895R2, 5895R4, 8754, 8767, 8821, 8822, 8882, 8884, 8915, 8916, 8917, 8930, 8931, 8966, 8967, 8971, 8980, 8984, 9013, 9017, 9018, 9031, 9036, 9042, 9083, 9118, 9119, 9136, 9137, 9143, 9171, 9172, 9181, 9201, 9201R1, 9214, 9215, 9385, 9390, 9423, 9441, 9442, 9448, 9536, 9541, 9542, 9560, 9563, 9585, 9586, 9587, 9607, 9609, 9630, 9636, 9639R1, 9684, 9686, 9701, 9702, 9702R1, 9721, 9722, 9733, 9775, 9779, 9780, 9819, 9827, and 9829.

THAT except as expressly provided by this SBP Amendment No. 24, all other terms, conditions, provisions and obligations of the parties under Special Business Provisions MS ###-###-#### remain unchanged.

IN WITNESS WHEREOF the parties hereto have executed this SBP Amendment No. 24 as of the last day of execution as written below.

THE BOEING COMPANY SPIRIT AEROSYSTEMS, INC.

Boeing Commercial Airplanes Supplier Management


By: /s/ Lanny Taylor	By: /s/ Kenny Leba

Lanny Taylor Kenny Leyba

Procurement Agent Contracts Administrator

Date: December 20, 2016 Date: December 20, 2016

ATTACHMENT A



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