Supplemental Agreement No. 08 to Purchase Agreement No. 04761 between The Boeing Company and United Airlines, Inc. dated as of September 8, 2021

Contract Categories: Business Finance - Purchase Agreements
EX-10.4 5 ual_2021093010qex104.htm EX-10.4 Document
Exhibit 10.4

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.
SUPPLEMENTAL AGREEMENT NO. 8
to
PURCHASE AGREEMENT NUMBER 04761
between

THE BOEING COMPANY
and
United Airlines, Inc.
Relating to Boeing Model 737 MAX Aircraft
THIS SUPPLEMENTAL AGREEMENT No. 8 (SA-8) , entered into as of September 8, 2021, by and between The Boeing Company, a Delaware corporation, (Boeing) and United Airlines, Inc., a Delaware corporation, (Customer);
WHEREAS, Customer and Boeing entered into Purchase Agreement No. 04761 dated as of the 15th day of May of 2018 as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Model 737 MAX aircraft. This Supplemental Agreement is an amendment to the Purchase Agreement; and
WHEREAS, Customer and Boeing agree to *** 737-*** Aircraft as follows:
Manufacturer Serial Number******
*********
UAL-PA-04761         SA-8, Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Supplemental Agreement No. 8 to
Purchase Agreement No. 04761

WHEREAS, Customer and Boeing agree to *** 737-*** Aircraft as follows:
***
WHEREAS, Customer and Boeing agree to revise certain ***.
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
1.Table of Contents.
The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-8”).
2.Tables.
2.1.The Table 1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached similarly titled Table 1 (identified by “SA-8”) to reflect the *** 737-*** Aircraft.
2.2.Table 1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached similarly titled Table 1 (identified by “SA-8”) to reflect the *** 737-*** Aircraft.
3.Letter Agreements.
Letter Agreement No. UAL-PA-04761-LA-1801469R2 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-1801469R3 titled “***” (identified by “SA-8”) to revise the *** for the 737-*** aircraft.
4.Miscellaneous.
4.1.The following letter agreements are deemed to revise references as follows:




UAL-PA-04761        SA-8, Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Supplemental Agreement No. 8 to
Purchase Agreement No. 04761
DescriptionOriginal ReferenceReplacement Reference
Table 1: 737-*** Aircraft Delivery, Description, Price and ***
    AND
Table 1: *** 737-*** Aircraft Delivery, Description, Price and ***
For each of the referenced Table 1’s, the cited footnote below (incorporated in such Table 1’s) references Letter Agreement UAL-PA-04761-LA-1801469R2:
^ - ***
For each of the referenced Table 1’s, such cited footnote is deemed to reference Letter Agreement UAL-PA-04761-LA-1801469R3 as follows:
^ - ***
Table 1: 737-*** Aircraft Delivery, Description, Price, and ***
For the referenced Table 1, the cited footnote below which is incorporated into such Table 1 references Letter Agreement UAL-PA-04761-LA-1801469R2:
^ - ***
For the referenced Table 1, such cited footnote is deemed to be revised to:
i) reference Letter Agreement UAL-PA-04761-LA-1801469R3, and
ii) revise the reference from “Table 1.1” to “Table 1”.
The effect of such deemed revisions are incorporated as follows:
^ - - ***
Table 1: 737-*** Aircraft Delivery, Description, Price, and ***
    AND
*** 737-*** Aircraft Delivery, Description, Price, and ***
    AND
*** 737-*** Aircraft Delivery, Description, Price, and ***
For each of the referenced Table 1’s, the cited footnote below (incorporated in such Table 1’s) references Letter Agreement UAL-PA-04761-LA-1801469R2:
^ - ***
For each of the referenced Table 1’s, such cited footnote is deemed to reference Letter Agreement UAL-PA-04761-LA-1801469R3 as follows:
^ - ***
Table 2
737-*** Aircraft Delivery, Description, Price, and ***
For the referenced Table 2, the cited footnote below (incorporated in such Table 1’s) references Letter Agreement UAL-PA-04761-LA-1801469R2:
^ - ***
For the referenced Table 2, such cited footnote is deemed to reference Letter Agreement UAL-PA-04761-LA-1801469R3 as follows:
^ - ***
UAL-PA-04761        SA-8, Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Supplemental Agreement No. 8 to
Purchase Agreement No. 04761
Attachment A-1 to Letter Agreement 1807022R5 titled “*** Aircraft – 737-***”
*** 737-*** Aircraft Delivery, Description, Price and ***
Such Attachment A-1 incorporates the following footnote which references Letter Agreement UAL-PA-04761-LA-1801469R2:
^ - ***
Such cited footnote is deemed to reference Letter Agreement UAL-PA-04761-LA-1801469R3 as follows:
^ - ***
Attachment E to Letter Agreement 1807420R1 titled “Aircraft Model ***”
Form of Table 2: 737-*** Aircraft Delivery, Description, Price, and ***
Such Attachment E incorporates the following footnote which references Letter Agreement UAL-PA-04761-LA-1801469R2:
^ - ***
Such cited footnote is deemed to reference Letter Agreement UAL-PA-04761-LA-1801469R3 as follows:
^ - ***
4.2.If Boeing or Customer determines that references described in Section 4 of this Supplemental Agreement No. 8 should be further amended, then Boeing and Customer will work together for a mutually agreeable solution.
The Purchase Agreement will be deemed supplemented to the extent provided herein as of the date hereof and as so supplemented will continue in full force and effect.

The rest of the page is intentionally blank. Signature page follows.

UAL-PA-04761        SA-8, Page 4
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Supplemental Agreement No. 8 to
Purchase Agreement No. 04761

EXECUTED IN DUPLICATE as of the day and year first written above.




THE BOEING COMPANYUNITED AIRLINES, INC.
/s/ Irma L. Krueger/s/ Ted Davidson
SignatureSignature
Irma L. KruegerTed Davidson
Printed NamePrinted Name
Attorney-in-Fact
Vice President
- Procurement
TitleTitle

UAL-PA-04761        SA-8, Page 5
BOEING / UNITED AIRLINES, INC. PROPRIETARY



TABLE OF CONTENTS

ARTICLES
SA NUMBER
Article 1.Quantity, Model and Description
Article 2.Delivery Schedule
Article 3.Price
Article 4.Payment
Article 5.Additional Terms
TABLE
1.
737-*** Aircraft Delivery, Description, Price and ***
SA-6 & SA-8§4.1
1.
*** 737-*** Aircraft Delivery, Description, Price and ***
SA-8
1
*** 737-*** Aircraft Delivery, Description, Price and ***
SA-7 & SA-8§4.1
1.
737-*** Aircraft Delivery, Description, Price and ***
SA-5 & SA-8§4.1
1.
*** 737-*** Aircraft Delivery, Description, Price and ***
SA-8
1.
737-*** Aircraft Delivery, Description, Price and ***
SA-5 & SA-8§4.1
1.
*** 737-*** Aircraft Delivery, Description, Price and ***
SA-6 & SA-8§4.1
1.
*** 737-*** Aircraft Delivery, Description, Price and ***
SA-6 & SA-8§4.1
2.
737-*** Aircraft Delivery, Description, Price and ***
SA-7 & SA-8§4.1
UAL-PA-04761    Table of Contents, Page 1 of 5     SA-8
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.

TABLE OF CONTENTS, CONTINUED
EXHIBITS
SA NUMBER
A
737-8 Aircraft Configuration
SA-7
A
737-9 Aircraft Configuration
SA-1
A
737-*** Aircraft Configuration
SA-5
A
737-10 Aircraft Configuration
SA-6
B.
Aircraft Delivery Requirements and Responsibilities


SUPPLEMENTAL EXHIBITS
SA NUMBER
AE1.
***Airframe and *** Features for the 737MAX Aircraft
BFE1.
BFE Variables 737-8 Aircraft
SA-2
BFE1.
BFE Variables 737-9 Aircraft
SA-1
BFE1.
BFE Variables 737-10 Aircraft
SA-2
EE1.
Engine Warranty and ***
SLP1.
Service Life Policy Components

LETTER AGREEMENTS
SA NUMBER
UAL-PA-04761-LA-1801463R3
*** Matters
SA-6
UAL-PA-04761-LA-1801464
Demonstration Flight Waiver
UAL-PA-04761-LA-1801465R2
Open Matters 737-9 and 737-10 Aircraft
SA-5
UAL-PA-04761-LA-1801466
Seller Purchased Equipment
SA-5
UAL-PA-04761-LA-1801467R4
Special Matters – 737 MAX Aircraft
SA-6
UAL-PA-04761    Table of Contents, Page 2 of 5     SA-8
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.

UAL-PA-04761-LA-1801468
***
UAL-PA-04761-LA-1801469R3
***
SA-8
TABLE OF CONTENTS, CONTINUED

LETTER AGREEMENTS
SA NUMBER
UAL-PA-04761-LA-1801470
Privileged and Confidential Matters
UAL-PA-04761-LA-1801471
AGTA Matters
UAL-PA-04761-LA-1801472
Assignment Matters
UAL-PA-04761-LA-1801473
737-10 Aircraft ***
UAL-PA-04761-LA-1801474R1
*** for the 737-10 Aircraft
SA-7
UAL-PA-04761-LA-1801475
Loading of Customer Software
UAL-PA-04761-LA-1801476
Installation of Cabin Systems Equipment
UAL-PA-04761-LA-1801477
Special Customer Support Matters
UAL-PA-04761-LA-1801478R1
Delivery *** Matters
SA-6
UAL-PA-04761-LA-1807022R5
*** Aircraft – 737-***
  SA-6 & SA-8§4.1
UAL-PA-04761-LA-1807420R1
737-*** and 737-*** Aircraft Model ***
   SA-6 & SA-8§4.1
UAL-PA-04761-LA-1807490R1
737-*** Aircraft and 737-*** Aircraft ***
SA-2
UAL-PA-04761-LA-1900347
737-***
SA-6
UAL-PA-04761-LA-2001831R1
Certain Special Matters
SA-4
UAL-PA-04761-LA ###-###-####
*** Matters for the 737-*** Aircraft
SA-5
UAL-PA-04761-LA-2100096R1
Certain Special Matters for the 737-*** Aircraft and for the *** 737-*** Aircraft
SA-7
UAL-PA-04761    Table of Contents, Page 3 of 5     SA-8
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.

UAL-PA-04761-LA ###-###-####
Open Matters Relating to *** Model 737-*** Aircraft
SA-5
UAL-PA-04761-LA-2100718R1
Special Matters Relating to *** 737-*** Aircraft
SA-6
TABLE OF CONTENTS, CONTINUED

LETTER AGREEMENTS
SA NUMBER
UAL-PA-04761-LA ###-###-####
Airline Operational Efficacy Matters
SA-6
UAL-PA-04761-LA ###-###-####
***
SA-6
UAL-PA-04761    Table of Contents, Page 4 of 5     SA-8
BOEING / UNITED AIRLINES, INC. PROPRIETARY

CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.


SUPPLEMENTAL AGREEMENTSDATED AS OF
Supplemental Agreement No. 1 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . September 25, 2018
Supplemental Agreement No. 2 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . December 12, 2018
Supplemental Agreement No. 3 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . March 20, 2020
Supplemental Agreement No. 4 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . June 30, 2020
Supplemental Agreement No. 5 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . February 26, 2021
Supplemental Agreement No. 6 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . June 27, 2021
Supplemental Agreement No. 7 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . August 12, 2021
Supplemental Agreement No. 8 . . . . . . . . . . . . .. . . . . . . . . . . . . . . . September 8, 2021

UAL-PA-04761    Table of Contents, Page 5 of 5     SA-8
BOEING / UNITED AIRLINES, INC. PROPRIETARY


Table 1 To Purchase Agreement No. 04761
*** 737-*** Aircraft Delivery, Description, Price and ***
Airframe Model/MTOW:737-****** pounds^Detail Specification:******
Engine Model/Thrust:****** pounds+Airframe Price Base Year/*** Formula:******
Airframe Price:$***Engine Price Base Year/*** Formula:******
*** Features:$***
Sub-Total of Airframe and Features:$***Airframe *** Data:
Engine Price (Per Aircraft):$***Base Year Index (ECI):***
Aircraft Basic Price (Excluding BFE/SPE):$***Base Year Index (CPI):***
Buyer Furnished Equipment (BFE) Estimate:$***
Seller Purchased Equipment (SPE) Estimate:$***
Deposit per Aircraft:$***
# of Aircraft*** Delivery Month***Manufacturer Serial NumberActual or Nominal Delivery ******* Estimate*** Per Aircraft (Amts. Due/***. Prior to Delivery):
Number ofFactor*** Base************
Aircraft(Airframe)*** ForecastPrice Per A/P***%***%***%***%
************************$***$***$***$***
Total:***
* Nominal *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-10 Aircraft", as may be subsequently amended.
Note: Serial Numbers above, if any are included, are provided as guidance only and are subject to change until delivery.
^ - ***
+ - ***
Note: ***










UAL-PA-04761 APR: 117225.TXT                                        Incremental 737-8 Aircraft
Boeing / United Airlines, Inc. Proprietary            Table 1, SA-8, Page 1




Table 1 To Purchase Agreement No. 04761
*** 737-*** Aircraft Delivery, Description, Price and ***
Airframe Model/MTOW:737-****** pounds^Detail Specification:***4Q11 External Fcst~4Q11 External Fcst - Engines
Engine Model/Thrust:****** pounds+Airframe Price Base Year/*** Formula:******
Airframe Price:$***Engine Price Base Year/*** Formula:******
*** Features:$***
Sub-Total of Airframe and Features:$***Airframe *** Data:
Engine Price (Per Aircraft):$***Base Year Index (ECI):***
Aircraft Basic Price (Excluding BFE/SPE):$***Base Year Index (CPI):***
Buyer Furnished Equipment (BFE) Estimate:$***
Seller Purchased Equipment (SPE) Estimate:$***
Deposit per Aircraft:$***
# of AircraftDelivery Date***Manufacturer Serial NumberActual or Nominal Delivery ******* Estimate*** Per Aircraft (Amts. Due/*** Prior to Delivery):
Number ofFactor*** Base************
Aircraft***Price Per A/P***%***%***%***%
******************$***$***$***$***$***
Total in this Table:***
* Nominal delivery ***, pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-9 and 737-10 Aircraft", including successors thereof.
Note: Serial Numbers are provided as guidance only and are subject to change.
^ - ***
+ - ***






UAL-PA-04761 APR: 116759                                        ***737-*** Aircraft
Boeing / United Airlines, Inc. Proprietary            Table 1 per SA-8, Page 1



    The Boeing Company
    P.O. Box 3707
    Seattle, WA 98124 2207
UAL-PA-04761-LA-1801469R3
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Subject:    ***
Reference:    Purchase Agreement No. 04761 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft)
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1801469R2.
Subject to the terms, provisions, and conditions described herein, ***
UAL-PA-04761-LA-1801469R3    SA-8
***    Page 1
BOEING/UNITED AIRLINES, INC. PROPRIETARY





1.Customer's ***.
Boeing *** Customer, *** as described in paragraph 3 below, *** for the respective model type. The Effective Date of such *** shall be the date that *** to Customer, unless otherwise mutually agreed to. *** not later than *** after receipt of Customer's ***.
2.***.
At the time of delivery of each Covered Aircraft, or *** after delivery of a Covered Aircraft, ***Customer. Such *** shall be ***, identifying the Covered Aircraft Manufacturer's Serial Number (MSN), the delivery date and the Effective Date of the ***
3.***.
Customer shall *** in accordance with either the *** set forth below, at Customer's option.
***
5.Confidential Treatment.
Customer and Boeing understand that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.
Very truly yours,

THE BOEING COMPANY
By:/s/ Irma L. Krueger
Its:Attorney-in-Fact

UAL-PA-04761-LA-1801469R3    SA-8
***    Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY





ACCEPTED AND AGREED TO this
Date:September 8, 2021
UNITED AIRLINES, INC.
By:/s/ Ted Davidson
Its:
Vice President – Procurement













UAL-PA-04761-LA-1801469R3    SA-8
***    Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY



Attachment A to Letter Agreement UAL-PA-04761-LA-1801469R3
Date:    ____________________
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Attention:    Technical Department
Reference:    Letter Agreement UAL-PA-04761-LA-1801469R3 to Purchase Agreement 04761
***
Very truly yours,
THE BOEING COMPANY

By: __________________
Its: __________________


Attachment A to UAL-PA-04761-LA-1801469R3    SA-8
Lease of Additional Gross Weight Provisions    Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY



Attachment A: to Letter Agreement UAL-PA-04761-LA-1801469R3
***
***

Attachment A to UAL-PA-04761-LA-1801469R3    SA-8
***    Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY


Attachment B to Letter Agreement UAL-PA-04761-LA-1801469R3
***


Attachment B to UAL-PA-04761-LA-1801469R3    SA-8
***    Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY