Supplemental Agreement No. 6 to Purchase Agreement No. 3860 between The Boeing Company and United Airlines, Inc. Relating to Boeing Model 787 Aircraft
Exhibit 10.178
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
to
Purchase Agreement No. 3860
between
The Boeing Company
and
United Airlines, Inc.
Relating to Boeing Model 787 Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of December 31, 2015, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (a Delaware corporation formerly known as Continental Airlines, Inc. and successor by merger to United Air Lines, Inc.) (Customer);
WHEREAS, the parties hereto entered into Purchase Agreement No. 3860 dated September 27, 2012, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing model 787 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement;
WHEREAS, through *** Supplemental Agreement Number 5 to the Purchase Agreement, *** dated May 12, 2015, Boeing and Customer agreed to *** firm 787-*** aircraft for *** 787-*** aircraft and to *** 787-*** firm aircraft with *** 787-***;
WHEREAS, consistent with such prior transactions Boeing and Customer now agree to a *** of *** firm 787-*** aircraft for *** firm 787-*** aircraft and to the *** of these *** 787-*** firm aircraft with *** 787-*** as follows:
(i) Boeing and Customer agree to *** Firm 787-*** Aircraft to the Purchase Agreement as Block C Aircraft as such terms are defined in *** and are further identified in Figure 1 below.
Figure 1 |
Delivery Month |
*** |
*** |
UAL-PA-3860 | SA-6 | Page 1 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
(ii) Boeing and Customer agree to *** the following *** 787-*** Firm Aircraft and *** them with *** 787-*** Aircraft in the delivery months with option exercise expiry dates as specified below:
Model | *** Firm Aircraft Delivery Month | *** Aircraft Delivery Month** | Option Exercise Expiry Date | |||
*** | *** | *** | *** | |||
*** | *** | *** | *** |
** - The nominal delivery month above is subject to revision by plus or minus one month. Boeing will advise Customer of the scheduled delivery month at the time of Customers exercise of its rights.
WHEREAS, Boeing and Customer agree to apply *** 787-*** previously Firm Aircraft *** under this Supplemental Agreement No. 6 *** for the *** new model 787-*** Aircraft added under this Supplemental Agreement No. 6; and *** Customers *** of Supplemental Agreement No. 6 after application of *** (as that term is defined in Letter Agreement No. *** entitled Option Aircraft ***) received by Boeing from Customer.
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-6).
2. | Tables. |
2.1. Table 1, 787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments, is deleted in its entirety and replaced with the attached similarly titled Table 1 (identified by SA-6).
2.2. Table 1, 787-9 Aircraft Delivery, Description, Price and Advance Payments for *** Firm 787-9 Aircraft (identified by SA-6) is added to the Purchase Agreement.
3. | Letter Agreements. |
3.1. Attachment B-1 to Letter Agreement UAL-PA-03860-LA-1209265R1 entitled 787-10 with GENX-1B*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments is deleted in its entirety and replaced with the attached Attachment B-1 (identified by SA-6).
UAL-PA-3860 | SA-6 | Page 2 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
3.2. Letter Agreement UAL-PA-03860-LA-1209413A1R1 entitled Special Matters Amendment 1 is deleted in its entirety and replaced with the attached similarly titled Letter Agreement UAL-PA-03860-LA-1209413A1R2 (identified by SA-6).
The Purchase Agreement will be deemed to be supplemented to the extent herein provided 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-3860 | SA-6 | Page 3 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
EXECUTED IN DUPLICATE as of the day and year first written above.
THE BOEING COMPANY
| UNITED AIRLINES, INC.
| |
|
| |
Signature | Signature | |
/s/ I. L. Krueger | /s/ Gerald Laderman | |
Printed Name | Printed Name | |
Attorney-in-Fact | Senior Vice President - Finance and acting Chief Financial Officer | |
Title | Title |
UAL-PA-3860 | SA-6 | Page 4 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
TABLE OF CONTENTS
| SA NUMBER | |||
Article 1. | Quantity, Model and Description | SA-1 | ||
Article 2. | Delivery Schedule | SA-1 | ||
Article 3. | Price | SA-1 | ||
Article 4. | Payment | SA-1 | ||
Article 5. | Additional Terms | SA-1 | ||
TABLE | ||||
1. | 787-8 with GENX-1B*** Engines Aircraft Information Table *** | SA-3 | ||
1. | 787-9 with GENX-1B*** Engines Aircraft Information Table *** | SA-5 | ||
1 | Table 1, 787-*** Aircraft Delivery, Description, Price and Advance Payments for *** Firm 787-*** Aircraft | SA-6 | ||
1. | 787-10 with GENX-1B*** Engines Aircraft Information Table | SA-6 | ||
EXHIBITS | ||||
A1. | 787-8 Aircraft Configuration *** | |||
A2. | 787-9 Aircraft Configuration *** | SA-4 | ||
A3. | 787-10 Aircraft Configuration | SA-1 | ||
B. | Aircraft Delivery Requirements and Responsibilities | |||
SUPPLEMENTAL EXHIBITS | ||||
AE1. | Escalation Adjustment/Airframe and Optional Features | |||
BFE1. | BFE Variables | SA-1 | ||
CS1. | Customer Support Document | |||
EE1. | Engine Escalation/Engine Warranty *** | |||
SLP1. | Service Life Policy Components |
P.A. 3860 | TABLE OF CONTENTS, Page 1 of 5 | SA-6 | ||
BOEING/UNITED AIRLINES, INC. PROPRIETARY |
TABLE OF CONTENTS, CONTINUED
LETTER AGREEMENTS | SA NUMBER | |||
UAL-PA-03860-LA-1209247 | 787 e-Enabling | |||
UAL-PA-03860-LA-1209264 | Open Configuration Matters | |||
UAL-PA-03860-LA-1209265R1 | Option Aircraft | SA-1 | ||
Attachment A, 787-*** Option Aircraft Delivery, Description, Price and Advance Payments (DELETED) | SA-1 | |||
Attachment B-1, 787-*** with GENX-1B*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments | SA-6 | |||
Attachment B-2, 787-*** with TRENT1000-*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments (DELETED) | SA-3 | |||
UAL-PA-03860-LA-1209409 | Spare Parts Initial Provisioning | |||
UAL-PA-03860-LA-1209410 | Special Matters Relating to COTS Software and End User License Agreements | |||
UAL-PA-03860-LA-1209411 | Special Terms Seats and In-flight Entertainment | |||
UAL-PA-03860-LA-1209417 | Model 787 Post-Delivery Software & Data Loading | |||
CONFIDENTIAL LETTER AGREEMENTS | ||||
UAL-PA-03860-LA-1209236R1 | Model Substitution | SA-1 | ||
Attachment A, 787-9 Airframe Pricing of Substitution Aircraft with General Electric GEnx-1B*** and Rolls Royce Trent 1000-*** engines | SA-1 | |||
Attachment B, 787-10 with General Electric GEnx-1B*** and Rolls Royce TRENT 1000-*** Engines | SA-1 | |||
Attachment C, 787-8 with General Electric GEnx-1B*** and Rolls Royce TRENT 1000-*** | SA-1 |
P.A. 3860 | TABLE OF CONTENTS, Page 2 of 4 | SA-6 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
TABLE OF CONTENTS, CONTINUED
CONFIDENTIAL LETTER AGREEMENTS, continued | SA NUMBER | |||
UAL-PA-03860-LA-1209412 | Spare Parts Commitment | |||
UAL-PA-03860-LA-1209413R1 | Special Matters | SA-1 | ||
UAL-PA-03860-LA-1209413A1R2 | Special Matters Amendment 1 | SA-6 | ||
UAL-PA-03860-LA-1209414 | Other Special Matters | |||
UAL-PA-03860-LA-1209413A1 | Other Special Matters - Amendment 1 | SA-1 | ||
UAL-PA-03860-LA-1209416R1 | Promotional Support | SA-2 | ||
UAL-PA-03860-LA-1209430 | Performance Guarantees | |||
UAL-PA-03860-LA-1209455 | *** TERMINATED | SA-1 | ||
UAL-PA-03860-LA-1209429 | *** | |||
UAL-PA-03860-LA-1209618R1 | Alternate Engine Selection | SA-1 | ||
6-1162-ELP-0794 | *** Program- *** Aircraft | |||
6-1162-ELP-0795 | *** Program- *** Aircraft | |||
UAL-PA-03860-LA-1301368 | Performance Guarantees (787-10) | SA-1 | ||
UAL-PA-03860-LA-1301373 | 787-10 Aircraft Open Configuration and Other Matters | SA-1 | ||
UAL-PA-03860-LA-1301375 | Provisions Relating to Customers *** for 787-10 Aircraft | SA-1 | ||
UAL-PA-03860-LA-1301377 | 787-10 *** | SA-1 | ||
UAL-PA-03860-LA-1301377A1 | 787-10 *** Amendment 1 | SA-4 | ||
UAL-PA-03860-LA-1301380 | 787-10 Program Launch | SA-1 | ||
UAL-PA-03860-LA-1500017 | Demonstration Flight Waiver | SA-4 | ||
UAL-PA-03860-LA-1500059 | Installation of Cabin Systems Equipment | SA-4 |
P.A. 3860 | TABLE OF CONTENTS, Page 3 of 4 | SA-6 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
SUPPLEMENTAL AGREEMENTS | DATED AS OF | |
Supplemental Agreement No. 1 | June 17, 2013 | |
Supplemental Agreement No. 2 | December 16, 2013 | |
Supplemental Agreement No. 3 | July 22, 2014 | |
Supplemental Agreement No. 4 | January 14, 2015 | |
Supplemental Agreement No. 5 | May 12, 2015 | |
Supplemental Agreement No. 6 | December 31, 2015 |
P.A. 3860 | TABLE OF CONTENTS, Page 4 of 4 | SA-6 | ||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
Table 1 to Purchase Agreement No. 3860
787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
Airframe Model/MTOW: | 787-10 | *** pounds | Detail Specification: | *** | ||||||||||||||
Engine Model/Thrust: | GENX-1B***1 | *** pounds | Airframe Price Base Year/Escalation Formula: | *** | *** | |||||||||||||
Airframe Price: | $ | *** | Engine Price Base Year/Escalation Formula: | *** | *** | |||||||||||||
Optional Features: | $ | *** | Airframe Escalation Data: | |||||||||||||||
|
| |||||||||||||||||
Sub-Total of Airframe and Features: | $ | *** | Base Year Index (ECI): | *** | ||||||||||||||
Engine Price (Per Aircraft) : | $ | *** | 1 | Base Year Index (CPI): | *** | |||||||||||||
|
| |||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): | $ | *** | Engine Escalation Data: | |||||||||||||||
|
| |||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: | $ | *** | Base Year Index (ECI): | *** | ||||||||||||||
|
| |||||||||||||||||
In-Flight Entertainment (IFE) Estimate: | $ | *** | Base Year Index (CPI): | *** | ||||||||||||||
Refundable Deposit/Aircraft at Proposal Accept: | $ | *** |
Delivery Date | Number of Aircraft | Escalation Factor (Airframe) | Escalation Factor (Engine) | Serial Number (Subject to Change) | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||
*** | *** | *** | *** | |||||||||||||||||
*** | *** | *** | *** | |||||||||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** |
Boeing Proprietary | 787-10 with GE Engines Table 1 (SA-6), Page 1 |
Table 1 to Purchase Agreement No. 3860
787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
Delivery Date | Number of Aircraft | Escalation Factor (Airframe) | Escalation Factor (Engine) | Serial Number (Subject to Change) | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||
*** | *** | *** | *** | |||||||||||||||||
*** | *** | *** | *** | |||||||||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | * | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
*** | *** | *** | *** | ** | *** | $*** | $*** | $*** | $*** | $*** | ||||||||||
| ||||||||||||||||||||
Total: | 23 |
1 | Engine model, thrust and pricing are subject to *** to deliver GEnx-1B*** thrust rating at GEnx-1B*** price. |
* | *** Escalation Factors*** |
** | *** Escalation Factors*** |
Boeing Proprietary | 787-10 with GE Engines Table 1 (SA-6), Page 2 |
Table 1 to Purchase Agreement No. 3860
787-9 Aircraft Delivery, Description, Price and Advance Payments for *** Firm 787-9 Aircraft
(787-9/GE/***)
Airframe Model/MTOW: | 787-9 | *** pounds1 | Detail Specification: | *** | ||||||||||||||
Engine Model/Thrust: | GENX-1B***2 | *** pounds | Airframe Price Base Year/Escalation Formula: | *** | *** | |||||||||||||
Airframe Price: | $ | *** | Engine Price Base Year/Escalation Formula: | *** | *** | |||||||||||||
Optional Features: | $ | *** | Airframe Escalation Data: | |||||||||||||||
|
| |||||||||||||||||
Sub-Total of Airframe and Features: | $ | *** | Base Year Index (ECI): | *** | ||||||||||||||
Engine Price (Per Aircraft): | $ | *** | Base Year Index (CPI): | *** | ||||||||||||||
|
| |||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): | $ | *** | Engine Escalation Data: | |||||||||||||||
|
| |||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: | $ | *** | Base Year Index (ECI): | *** | ||||||||||||||
In-Flight Entertainment (IFE) Estimate: | $ | *** | Base Year Index (CPI): | *** |
Scheduled Date | Number of Aircraft | Escalation Factor (Airframe) | Escalation Factor (Engine) | Serial Number | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
*** | *** | *** | *** | |||||||||||||||
*** | *** | *** | *** | |||||||||||||||
Block C Aircraft 1,2,3 | ||||||||||||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
Total Block C | *** |
1 | MTOW provided in accordance with MTOW Article 3.2 of Letter Agreement 6-1162-RCN-1936. |
2 | Conditional on a GE agreement to deliver Genx-1B*** thrust rating at the Genx-1B*** price. |
3 | The Block C Aircraft shall be considered Block B Aircraft as defined pursuant to *** for purposes of Letter Agreement 6-1162-RCN entitled ***. |
4 | The *** 787-9 Aircraft specified above are Block C Aircraft as such term is defined in ***, as amended and supplemented ***. |
APR 71359 | Boeing / United Airlines, Inc. Proprietary | 787-9 Table 1, Page 1, SA-6 |
Attachment B-1 to Letter Agreement UAL-PA-03860-LA-120965R1
787-10 Option Aircraft with GENX-1B***
Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
Airframe Model/MTOW: | 787-10 | *** pounds | Detail Specification: | *** | ||||||||||||||
Engine Model/Thrust: | GENX-1B***¹ | *** pounds | Airframe Price Base Year/Escalation Formula: | *** | *** | |||||||||||||
Airframe Price: | $ | *** | Engine Price Base Year/Escalation Formula:2 | *** | *** | |||||||||||||
Optional Features: | $ | *** | Airframe Escalation Data: | |||||||||||||||
|
| |||||||||||||||||
Sub-Total of Airframe and Features: | $ | *** | Base Year Index (ECI): | *** | ||||||||||||||
Engine Price (Per Aircraft): | $ | *** | 1 | Base Year Index (CPI): | *** | |||||||||||||
|
| |||||||||||||||||
Aircraft Basic Price (Excluding BFE/SPE): | $ | *** | Engine Escalation Data: | |||||||||||||||
|
| |||||||||||||||||
Buyer Furnished Equipment (BFE) Estimate: | $ | *** | Base Year Index (ECI): | *** | ||||||||||||||
In-Flight Entertainment (IFE) Estimate: | $ | *** | Base Year Index (CPI): | *** | ||||||||||||||
Non-Refundable Deposit/Aircraft at Def Agreement | $ | *** |
Delivery | Number of Aircraft | Escalation Factor (Airframe) | Escalation Factor (Engine) | Option Exercise | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
Expiry | *** | *** | *** | *** | ||||||||||||||
Date | *** | *** | *** | *** | ||||||||||||||
*** ++ | *** | *** | *** | *** * | $*** | $*** | $*** | $*** | $*** | |||||||||
*** ++ | *** | *** | *** | *** * | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** |
APR64695-1F.TXT | Boeing Proprietary | 787-10 with GE Engines Table 1 (SA-6), Page 1 |
Attachment B-1 to Letter Agreement UAL-PA-03860-LA-120965R1
787-10 Option Aircraft with GENX-1B***
Engines Delivery, Description, Price and Advance Payments
(787-10/GE/***)
Delivery | Number of Aircraft | Escalation Factor (Airframe) | Escalation Factor (Engine) | Option Exercise | Escalation Estimate Adv Payment Base Price Per A/P | Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||
Expiry | *** | *** | *** | *** | ||||||||||||||
Date | *** | *** | *** | *** | ||||||||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
*** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** | |||||||||
| ||||||||||||||||||
Total: | *** |
1 | Engine model, thrust and pricing are subject to *** to deliver GEnx-1B*** thrust rating at GEnx-1B*** price. |
2 | Base year pricing is subject to engine manufacturer confirmation. |
* | The option exercise expiry date for the *** 787-10 Option Aircraft (as specified above) supersedes §4.1 of Letter Agreement UAL-PA-03860-LA-1209265R1 entitled Option Aircraft |
++ | The delivery schedule for the *** 787-10 Option Aircraft is a nominal delivery month and is subject to revision by plus or minus one month. Boeing will advise Customer of the scheduled delivery month at the time of Customers exercise of its rights. |
APR 64695-1F.TXT | Boeing Proprietary | 787-10 with GE Engines Table 1 (SA-6), Page 2 |
| The Boeing Company P.O. Box 3707 Seattle, WA 98124-2207 |
UAL-PA-03860-LA-1209413A1R2
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Subject: | Special Matters Amendment 1 | |
Reference: | Purchase Agreement No. 3860 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. relating to Model 787 aircraft (Aircraft) |
This letter agreement UAL-PA-03860-LA-1209413A1R2 (Amending Letter Agreement) amends and supplements the Purchase Agreement and amends and supplements certain terms in Letter Agreement UAL-PA-03860-LA-1209413 (the Letter Agreement) ), and supersedes and replaces in its entirety letter agreement UAL -PA -03860 -LA-1209413A1R1. All terms used and not defined in this Letter Agreement have the same meaning as in the Purchase Agreement.
1. | Amendments to Article 1 of the Letter Agreement. |
New Article 1.4 is hereby added as follows:
1.4. The parties agree that the *** 787-*** Aircraft added by SA-6 with delivery months during
(i) ***; and
(ii) ***
shall, if Customer exercises its rights in such 787-*** Aircraft, be deemed to be 787-*** Aircraft for all purposes under the Purchase Agreement and thereby remain entitled to the corresponding 787-*** Aircraft credit memoranda.
UAL-PA-03860-LA-1209413A1R2 | Page 1 | |||
Special Matters | SA-6 | |||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
2. | Amendments to Article 4 of the Letter Agreement. |
4.4 Special *** Provisions for the Launch Aircraft. With respect to
(i) the *** 787-10 Aircraft listed in Table 1 to the Purchase Agreement as of the effective date of Supplemental Agreement No. 6 to the Purchase Agreement and
(ii) the *** 787-*** Aircraft specified in Figure 1 below; (787-10 Aircraft and 787-*** Aircraft specified in (i) and (ii) herein are each a Launch Aircraft), the parties agree that *** of the Article 4.1 *** obligation will be *** delivery of each Launch Aircraft (Launch Aircraft *** Obligation). At time of delivery of each Launch Aircraft, Boeing will *** to *** the Launch Aircraft *** Obligation.
Figure 1 | ||
Model | *** Aircraft Delivery Month/Quarter at the Effective Date of this Letter Agreement | |
787-*** | *** | |
787-*** | *** | |
787-*** | *** | |
787-*** | *** |
3. | Confidential Treatment. |
Boeing and Customer understand that certain information contained in this Letter Agreement, including any attachments hereto, is considered by both parties to be confidential. Boeing and Customer agree that each party will treat this Letter Agreement and the information contained herein as confidential and will not, without the other partys prior written consent, disclose this Letter Agreement or any information contained herein to any other person or entity except as may be required by applicable law or governmental regulations.
UAL-PA-03860-LA-1209413A1R2 | Page 2 | |||
Special Matters | SA-6 | |||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |
Very truly yours,
THE BOEING COMPANY | ||
By: | /s/ I. L. Krueger | |
Its: | Attorney-In-Fact |
ACCEPTED AND AGREED TO this | ||
Date: | December 31, 2015 |
UNITED AIRLINES, INC. | ||
By: | /s/ Gerald Laderman | |
Its: | Senior Vice President - Finance and acting Chief Financial Officer |
UAL-PA-03860-LA-1209413A1R2 | Page 3 | |||
Special Matters | SA-6 | |||
BOEING / UNITED AIRLINES, INC. PROPRIETARY |