Supplemental Agreement No. 11 to Purchase AgreementNo. 2484 between TheBoeing Company and UnitedAirlines, Inc. Relating to Boeing Model 787 Aircraft

Contract Categories: Business Finance - Purchase Agreements
EX-10.3 4 d941677dex103.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. 11

to

Purchase Agreement No. 2484

between

The Boeing Company

and

United Airlines, Inc.

Relating to Boeing Model 787 Aircraft

THIS SUPPLEMENTAL AGREEMENT entered into as of April 30, 2015, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (a Delaware corporation) (Customer);

WHEREAS, the parties hereto entered into Purchase Agreement No. 2484 dated December 29, 2004, as amended and supplemented (Purchase Agreement), relating to Boeing model 787 aircraft (Aircraft);

WHEREAS, Boeing and Customer agree to add the following *** firm model 787-9 Aircraft to the Purchase Agreement (Block C Aircraft):

 

Serial Number

  

Delivery Month

***    ****

 

* Aircraft ***, and in the case of the *** Aircraft bearing serial numbers *** and *** model 787-9 Aircraft ***.

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-11”).

 

P.A. 2484

    SA-11, Page 1
BOEING/UNITED AIRLINES, INC. PROPRIETARY


2. Table.

“Table 1”, 787-9 Aircraft Delivery, Description, Price and Advance Payments, is deleted in its entirety and replaced with the attached “Table 1”, 787-9 Aircraft Delivery, Description, Price and Advance Payments, (identified by “SA-11”).

 

3. Letter Agreements.

For purposes of Letter Agreement 6-1162-RCN-1937, Performance Guarantees – Block B Aircraft, and Letter Agreement 6-1162-RCN-1939, *** – Block B Aircraft, the *** Aircraft shall be considered *** Aircraft.

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.

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

 

THE BOEING COMPANY UNITED AIRLINES, INC.

/s/ Patrick McKelvey

/s/ Gerald Laderman

Signature Signature

Attorney-in-Fact

Senior Vice President – Finance, Procurement and Treasurer

Title Title

 

P.A. 2484

SA 11, Page 2
BOEING/UNITED AIRLINES, INC. PROPRIETARY


TABLE OF CONTENTS

 

     SA
NUMBER
 

ARTICLES

  

Article 1.

  

Quantity, Model and Description

     SA-8   

Article 2.

  

Delivery Schedule

     SA-8   

Article 3.

  

Price

     SA-8   

Article 4.

  

Payment

     SA-8   

Article 5.

  

Additional Terms

     SA-8   

TABLE

  

1.

  

Aircraft Information Table

     SA-11   

EXHIBITS

  

A1.

  

787-8 Aircraft Configuration

     SA-6   

A2.

  

787-9 Aircraft Configuration

     SA-10   

B.

  

Aircraft Delivery Requirements and Responsibilities

     SA-1   

SUPPLEMENTAL EXHIBITS

  

AE1.

  

Escalation Adjustment/Airframe and Optional Features

     SA-1   

BFE1.

  

BFE Variables

     SA-8   

CS1.

  

Customer Support Document

     SA-5   

EE1.

  

Engine Escalation/Engine Warranty ***

     SA-2   

SLP1.

  

Service Life Policy Components

     SA-1   

LETTER AGREEMENTS

  

6-1162-MSA-546R4

  

Open Configuration Matters

     SA-6   

6-1162-MSA-547R5

  

Option Aircraft

     SA-8   
  

Attachment A (deleted)

     SA-7   
  

Attachment B

     SA-8   

6-1162-MSA-549

  

Spare Parts Initial Provisioning

     SA-1   

6-1162-AJH-921

  

787 e-Enabling

     SA-6   

 

P.A. 2484

  TABLE OF CONTENTS, Page 1 of 3   SA-11
BOEING / UNITED AIRLINES, INC. PROPRIETARY


TABLE OF CONTENTS, CONTINUED

 

     SA
NUMBER
 

LETTER AGREEMENTS, continued

  

6-1162-AJH-922

6-1162-AJH-923

  

Special Matters Relating to COTS Software and End User License Agreements

Special Terms – Seats and In-flight Entertainment

    

 

SA-6

SA-6

  

  

6-1162-RCN-1940

  

Model 787 Post-Delivery Software & Data Loading

     SA-7   

CONFIDENTIAL LETTER AGREEMENTS

  

6-1162-MSA-550

  

Spare Parts Commitments

     SA-1   

6-1162-MSA-551R2

  

Performance Guarantees

     SA-5   

6-1162-MSA-552R7

  

Special Matters

     SA-9   

6-1162-MSA-552A1

  

Special Matters – Amendment 1

     SA-10   

6-1162-MSA-553R1

  

Open Matters

     SA-1   

6-1162-MSA-554R4

  

Model Substitution

     SA-8   

6-1162-MSA-555

  

Promotional Support

     SA-1   

6-1162-RCN-1936

  

Other Special Matters

     SA-7   

6-1162-RCN-1936A1

  

Other Special Matters - Amendment 1

     SA-8   

6-1162-RCN-1937

  

Performance Guarantees – Block B Aircraft

     SA-7   

6-1162-RCN-1938

  

*** – Block B Aircraft - TERMINATED

     SA-8   

6-1162-RCN-1939

  

*** — Block B Aircraft

     SA-7   

CAL-PA-2484-LA-1302248

CAL-PA-2484-LA-1302613

CAL-PA-2484-LA-1500016

  

Aircraft Acceleration from November 2014 to October 2014

Cabin Systems Equipment

Demonstration Flight Waiver

    

 

 

SA-9

SA-10

SA-10

  

  

  

 

P.A. 2484

  TABLE OF CONTENTS, Page 2 of 3   SA-11
BOEING / UNITED AIRLINES, INC. PROPRIETARY


TABLE OF CONTENTS, CONTINUED

 

SUPPLEMENTAL AGREEMENTS

  

DATED AS OF:

Supplemental Agreement No. 1

   June 30, 2005

Supplemental Agreement No. 2

   January 20, 2006

Supplemental Agreement No. 3

   May 3, 2006

Supplemental Agreement No. 4

   July 14, 2006

Supplemental Agreement No. 5

   March 12, 2007

Supplemental Agreement No. 6

   November 15, 2007

Supplemental Agreement No. 7

   November 7, 2012

Supplemental Agreement No. 8

   June 17, 2013

Supplemental Agreement No. 9

   June 6, 2014

Supplemental Agreement No. 10

   January 14, 2015

Supplemental Agreement No. 11

   April 30, 2015

 

P.A. 2484

  TABLE OF CONTENTS, Page 3 of 3   SA-11
BOEING / UNITED AIRLINES, INC. PROPRIETARY


Table 1

Purchase Agreement No. 2484

787-9 Aircraft Delivery, Description, Price and Advance Payments

(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:     $***          
   

 

         
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: $***

Engine Escalation Data:

In-Flight Entertainment (IFE) Estimate: $***

Base Year Index (ECI):

***

Base Year Index (CPI):

***

 

Scheduled

Delivery

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 A Aircraft 1, 2

             

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

Block B Aircraft 1, 2

             

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

Block C Aircraft 1, 2, 3

             

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

***

   ***   ***   ***   ***   $***   $***   $***   $***   $***

Total 787-9s

   18                

 

1  *** provided in accordance with Article 3.2 of Letter Agreement 6-1162-RCN-1936.
2  *** to deliver ***.
3  The *** Aircraft shall be considered *** Aircraft for purposes of Letter Agreement 6-1162-1937, Performance Guarantees — Block B Aircraft, and Letter Agreement 6-1162-RCN, *** — Block B Aircraft.

 

CAL-PA-2484, APR 71359

  Boeing / United Airlines, Inc. Proprietary   787-9 Table 1, Page 1, SA-11