Supplemental Agreement No. 6 to Purchase AgreementNo. 03776 between TheBoeing Company and UnitedAirlines, Inc. Relating to Boeing Model 737-9 Aircraft

EX-10.3 5 d116267dex103.htm EX-10.3 EX-10.3

Exhibit 10.3

CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS.

Supplemental Agreement No. 6

Purchase Agreement No. 03776

between

The Boeing Company

and

United Airlines, Inc.

Relating to Boeing Model 737-9 Aircraft

THIS SUPPLEMENTAL AGREEMENT, entered into as of February 8, 2016, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (Customer);

WHEREAS, the parties hereto entered into Purchase Agreement No. 3776 dated July 12, 2012, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing model 737-9 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement;

WHEREAS, Boeing and Customer agree to *** firm model 737-9 Aircraft with *** model 737-9 *** Aircraft in the same delivery month:

Aircraft Delivery Month

***

WHEREAS, Boeing and Customer agree to *** such 737-9 firm aircraft with *** firm 737-*** aircraft under ***.

WHEREAS, Boeing and Customer agree to apply *** firm model 737-9 Aircraft terminated under this Supplemental Agreement No. 06 (i) first to the *** Deposit for the *** new model 737-9 *** Aircraft added under this Supplemental Agreement No. 06 and (ii) then towards Customer’s ***.


UAL-PA-03776	SA-6	Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY

Supplemental Agreement No. 6 to

Purchase Agreement No. 03776

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

1.	Table of Contents and Articles.

The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-6”).

Tables.

“Table 1”, 737-9 Aircraft Delivery, Description, Price and ***, is deleted in its entirety and replaced with the attached similarly titled “Table 1” (identified by “SA-6”)

3.	Letter Agreements.

“Attachment A to Letter Agreement No. UCH-PA-03776-LA-1207644” is deleted in its entirety and replaced with the attached “Attachment A to Letter Agreement No. UCH-PA-03776-LA-1207644” (identified by “SA-6”).

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 this page is left intentionally blank.


UAL-PA-03776	SA-6	Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY

Supplemental Agreement No. 6 to

Purchase Agreement No. 03776

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


THE BOEING COMPANY		UNITED AIRLINES, INC.

/s/ Irma L. Krueger		/s/ Gerald Laderman
Signature		Signature

Irma L. Krueger		Gerald Laderman
Printed Name		Printed Name

Attorney-in-Fact		Senior Vice President – Finance and acting Chief Financial Officer
Title		Title


UAL-PA-03776	SA-6	Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY

TABLE OF CONTENTS


		SA NUMBER
ARTICLES
Article 1.	Quantity, Model and Description
Article 2.	Delivery Schedule
Article 3.	Price
Article 4.	Payment
Article 5.	Additional Terms

TABLE
1.	Aircraft Information Table – 737-9	SA-6

EXHIBITS
A.	Aircraft Configuration
B.	Aircraft Delivery Requirements and Responsibilities

SUPPLEMENTAL EXHIBITS
AE1.	Escalation Adjustment/Airframe and Optional Features
BFE1.	BFE Variables
CS1.	Customer Support Variables
EE1.	Engine Warranty ***
SLP1.	Service Life Policy Components

LETTER AGREEMENTS
UCH-PA-03776-LA-1207637	*** Matters
UCH-PA-03776-LA-1207638	***
UCH-PA-03776-LA-1207640	Demonstration Flight Waiver
UCH-PA-03776-LA-1207643	Open Matters
UCH-PA-03776-LA-1207644	Option Aircraft	SA-4
	Option Aircraft - Attachment A	SA-6
UCH-PA-03776-LA-1207646	Promotional Support
UCH-PA-03776-LA-1207647	Seller Purchased Equipment
UCH-PA-03776-LA-1207649	Spare Parts Initial Provisioning
UCH-PA-03776-LA-1207650	Special Matters
UCH-PA-03776-LA-1208055	***
UCH-PA-03776-LA-1208122	***
UCH-PA-03776-LA-1208123	*** Matters
UCH-PA-03776-LA-1208157	***


UCH-PA-03776	TABLE OF CONTENTS	SA-6, Page 1 of 2
BOEING/UNITED AIRLINES, INC. PROPRIETARY

TABLE OF CONTENTS, CONTINUED


		SA NUMBER
LETTER AGREEMENTS, continued
UCH-PA-03776-LA-1208234	Privileged and Confidential Matters
UCH-PA-03776-LA-1208596	AGTA Matters
UCH-PA-03776-LA-1208238	Assignment Matters
UCH-PA-03776-LA-1208869	Delivery *** Matters
UAL-PA-03784-LA-1207869	737 Production Adjustments


SUPPLEMENTAL AGREEMENTS		DATED AS OF

Supplemental Agreement No. 1		June 17, 2013

Supplemental Agreement No. 2		January 14, 2015

Supplemental Agreement No. 3		May 26, 2015

Supplemental Agreement No. 4		June 12, 2015

Supplemental Agreement No. 5		January 20, 2016

Supplemental Agreement No. 6		February 8, 2016


UCH-PA-03776	TABLE OF CONTENTS	SA-6, Page 2 of 2
BOEING/UNITED AIRLINES, INC. PROPRIETARY

Table 1 To

Purchase Agreement No. 03776

737-9 Aircraft Delivery, Description, Price and ***

Airframe Model/MTOW:

737-9

*** pounds

Detail Specification:

***

Engine Model/Thrust:

CFM-LEAP-1B***

*** pounds

Airframe Price Base Year/Escalation Formula:

***

Airframe Price:

$***

Engine Price Base Year/Escalation Formula:

***

Optional Features:

$***

Sub-Total of Airframe and Features:

$***

Airframe Escalation 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:

$***

Delivery

Date

Number of
Aircraft

Escalation

Factor
(Airframe)

Serial
Number

Actual or Nominal
Delivery Month*

Escalation Estimate

*** Base
Price Per A/P

*** Per Aircraft (Amts. Due/*** Prior to Delivery):

***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***


UCH-PA-03776 64721-1F.TXT		Boeing / United Airlines, Inc. Proprietary		Table 1 per SA-6, Page 1

Table 1 To

Purchase Agreement No. 03776

737-9 Aircraft Delivery, Description, Price and ***

Delivery

Date

Number of
Aircraft

Escalation

Factor
(Airframe)

Serial
Number

Actual or Nominal
Delivery Month*

Escalation Estimate

*** Base
Price Per A/P

*** Per Aircraft (Amts. Due/*** Prior to Delivery):

***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***


UCH-PA-03776 64721-1F.TXT		Boeing / United Airlines, Inc. Proprietary		Table 1 per SA-6, Page 2

Table 1 To

Purchase Agreement No. 03776

737-9 Aircraft Delivery, Description, Price and ***

Delivery

Date

Number of
Aircraft

Escalation

Factor
(Airframe)

Serial
Number

Actual or Nominal
Delivery Month*

Escalation Estimate

*** Base
Price Per A/P

*** Per Aircraft (Amts. Due/*** Prior to Delivery):

***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***


UCH-PA-03776 64721-1F.TXT		Boeing / United Airlines, Inc. Proprietary		Table 1 per SA-6, Page 3

Table 1 To

Purchase Agreement No. 03776

737-9 Aircraft Delivery, Description, Price and ***

Delivery

Date

Number of
Aircraft

Escalation

Factor
(Airframe)

Serial
Number

Actual or Nominal
Delivery Month*

Escalation Estimate

*** Base
Price Per A/P

*** Per Aircraft (Amts. Due/*** Prior to Delivery):

***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***


UCH-PA-03776 64721-1F.TXT		Boeing / United Airlines, Inc. Proprietary		Table 1 per SA-6, Page 4

Table 1 To

Purchase Agreement No. 03776

737-9 Aircraft Delivery, Description, Price and ***

Delivery

Date

Number of
Aircraft

Escalation

Factor
(Airframe)

Serial
Number

Actual or Nominal
Delivery Month*

Escalation Estimate

*** Base
Price Per A/P

*** Per Aircraft (Amts. Due/*** Prior to Delivery):

***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

***

$***

Total:

***

*	Nominal delivery month, *** pursuant to Letter Agreement number UCH-PA-03776-LA-1207643.

Note: Serial Numbers are provided as guidance only and are subject to change.


UCH-PA-03776 64721-1F.TXT		Boeing / United Airlines, Inc. Proprietary		Table 1 per SA-6, Page 5

Attachment A to Letter Agreement No. UCH-PA-03776-LA-1207644

737-9 *** Aircraft Delivery, Description, Price and ***

Airframe Model/MTOW:

737-9

*** pounds

Detail Specification:

***

Engine Model/Thrust:

CFM-LEAP-1B

*** pounds

Airframe Price Base Year/Escalation Formula:

***

Airframe Price:

$***

Engine Price Base Year/Escalation Formula:

***

Optional Features:

$***

Sub-Total of Airframe and Features:

$***

Airframe Escalation 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:

$***

Delivery

Date

Number of
Aircraft

Escalation
Factor
(Airframe)

Actual or Nominal
Delivery Month*

Escalation Estimate
*** Base
Price Per A/P

*** Per Aircraft (Amts. Due/*** Prior to Delivery):

***

***

$***

Total:

***

*	Nominal delivery months are *** pursuant to Letter Agreement number UCH-PA-03776-LA-1207644.


		SA-6
UCH-PA-03776 59499-1F.TXT	Boeing / United Airlines, Inc. Proprietary	Page 1