Attached files

file filename
EX-32.2 - EX-32.2 - AIR LEASE CORPex-32d2.htm
EX-32.1 - EX-32.1 - AIR LEASE CORPex-32d1.htm
EX-31.2 - EX-31.2 - AIR LEASE CORPex-31d2.htm
EX-31.1 - EX-31.1 - AIR LEASE CORPex-31d1.htm
EX-23.1 - EX-23.1 - AIR LEASE CORPex-23d1.htm
EX-21.1 - EX-21.1 - AIR LEASE CORPex-21d1.htm
EX-10.148 - EX-10.148 - AIR LEASE CORPex-10d148.htm
EX-10.124 - EX-10.124 - AIR LEASE CORPex-10d124.htm
EX-10.123 - EX-10.123 - AIR LEASE CORPex-10d123.htm
EX-10.122 - EX-10.122 - AIR LEASE CORPex-10d122.htm
EX-10.121 - EX-10.121 - AIR LEASE CORPex-10d121.htm
EX-10.120 - EX-10.120 - AIR LEASE CORPex-10d120.htm
EX-10.118 - EX-10.118 - AIR LEASE CORPex-10d118.htm
EX-10.117 - EX-10.117 - AIR LEASE CORPex-10d117.htm
EX-10.108 - EX-10.108 - AIR LEASE CORPex-10d108.htm
EX-10.107 - EX-10.107 - AIR LEASE CORPex-10d107.htm
EX-10.56 - EX-10.56 - AIR LEASE CORPex-10d56.htm
EX-10.43 - EX-10.43 - AIR LEASE CORPex-10d43.htm
EX-10.28 - EX-10.28 - AIR LEASE CORPex-10d28.htm
EX-4.1 - EX-4.1 - AIR LEASE CORPex-4d1.htm
10-K - 10-K - AIR LEASE CORPal-20191231x10k1d2204.htm

EXHIBIT 10.82

 

CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED

 

Supplemental Agreement No. 24

to

Purchase Agreement No. 03791

between

THE BOEING COMPANY

and

AIR LEASE CORPORATION

THIS SUPPLEMENTAL AGREEMENT is entered into as of October 2, 2019 (Supplemental Agreement No. 24) by and between THE BOEING COMPANY (Boeing) and AIR LEASE CORPORATION (Customer).

WHEREAS, Boeing and Customer have entered into Purchase Agreement No. 03791 dated as of July 3, 2012 as amended and supplemented (Purchase Agreement) relating to the purchase and sale of Model 737-8 and 737-9 Aircraft; and

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement  to [*]; and

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement  to [*]; and

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*];  and

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*]

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 by a new Table of Contents, provided as Enclosure 1, and incorporated into the Purchase Agreement.   The new Table of Contents reflects the revisions set forth in this Supplemental Agreement No. 24.

 

 

HAZ-PA-03791

1

SA-24

 

 

 

 

BOEING PROPRIETARY

 

 

2.        TABLES.

2.1       Table 1A is deleted in its entirety, replaced by a revised Table 1A provided hereto as Enclosure 2 and is incorporated into the Purchase Agreement by this reference. This new Table 1A reflects [*].

2.2       Table 1B is deleted in its entirety, replaced by a revised Table 1B provided hereto as Enclosure 3 and is incorporated into the Purchase Agreement by this reference. This new Table 1B reflects [*].

2.3       Table 1D is deleted in its entirety, replaced by a revised Table 1D provided hereto as Enclosure 4 and is incorporated into the Purchase Agreement by this reference. This new Table 1D references [*].

2.4       Table 1F is hereby deleted in its entirety from the Purchase Agreement to reflect [*].

3.        EXHBITS.

3.1       Exhibit A17, HAZ/[*] 737-8 Aircraft Configuration [*], provided as Enclosure 5 to this Supplemental Agreement No. 24, is incorporated into the Purchase Agreement. This Exhibit A17 defines the configuration for the 737-8 Aircraft to be leased to [*] in Table 1A.

 

3.2       Exhibit A18, HAZ/[*] 737-8 Aircraft Configuration [*], provided as Enclosure 6 to this Supplemental Agreement No. 24, is incorporated into the Purchase Agreement. This Exhibit A18 defines the configuration for the 737-8 Aircraft to be leased to [*] in Table 1D.

 

4.        LETTER AGREEMENTS.

3.1       Letter Agreement HAZ-PA-03791-LA-1208078R7, entitled “Advance Payment Matters,” is deleted in its entirety, and replaced with a revised Letter Agreement HAZ-PA-03791-LA-1208078R8, entitled “Advance Payment Matters,” which is provided as Enclosure 7 to this Supplemental Agreement No. 24, and incorporated into the Purchase Agreement.

3.2       Letter Agreement HAZ-PA-03791-LA-1701714, entitled “Special Matters for 737-7 Aircraft (Block F),” is deleted in its entirety from the Purchase Agreement to reflect [*].

5.        CONTINGENCY.

This Supplemental Agreement No. 24 is contingent on Customer executing Supplemental Agreement No. 14 under Purchase Agreement 3659.

6.        [*]

7.        MISCELLANEOUS.

7.1       [*]

7.2       [*]

7.3       All terms used but not defined in this Supplemental Agreement No. 24 will have the same meaning as such terms have in the Purchase Agreement.

7.4       This Supplemental Agreement No. 24 will become effective upon execution and receipt by both parties of both this Supplemental Agreement No. 24 and fulfillment of

 

HAZ-PA-03791

2

SA-24

 

 

 

 

BOEING PROPRIETARY

 

 

the contingencies described in Article 4 on or before October 2, 2019, after which date this Supplemental Agreement No. 24 will be null and void and have no force or effect.

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

 

 

 

 

 

 

THE BOEING COMPANY

   

AIR LEASE CORPORATION

 

 

 

By:

/s/ Michael Lombardi

 

By:

/s/ Grant Levy

 

 

 

 

 

Its:

Attorney‑In‑Fact

 

Its:

Executive Vice President

 

 

 

 

HAZ-PA-03791

3

SA-24

 

 

 

 

BOEING PROPRIETARY

 

 

Enclosure 1

TABLE OF CONTENTS

 

 

 

 

ARTICLES

 

SA No.

Article 1.

Quantity, Model and Description

SA-4

Article 2.

Delivery Schedule

 

Article 3.

Price

 

Article 4.

Payment

 

Article 5.

Additional Terms

 

 

 

 

 

 

TABLES

 

 

1A

737-8 Block A Aircraft Information Table [*]

SA-24

1B

737-9 Block B Aircraft Information Table [*]

SA-24

1C

737-8 Block C Aircraft Information Table [*]

SA-22

1D

737-8 Block D Aircraft Information Table [*]

SA-24

1E

737-8 Block E Aircraft Information Table [*]

SA-14

1F

737-7 Block F Aircraft Information Table [*]

SA-24

1G

737-8 Block G Aircraft Information Table [*]

SA-18

1H1

737-8 Block H1 Aircraft Information Table [*]

SA-18

1H2

737-8 Block H2 Aircraft Information Table [*]

SA-18

1H3

737-8 Block H3 Aircraft Information Table [*]

SA-18

1H4

737-8 Block H4 Aircraft Information Table [*]

SA-18

1H5

737-8 Block H5 Aircraft Information Table [*]

SA-18

 

 

 

 

 

EXHIBITS

 

 

A1

HAZ/[*] 737-8 Aircraft Configuration

SA-16

A2

HAZ/[*] 737-8 Aircraft Configuration

SA-16

A3

HAZ/[*] 737-8 Aircraft Configuration

SA-16

A4

HAZ/[*] 737-8 Aircraft Configuration

SA-16

A5

HAZ/[*] 737-8 Aircraft Configuration

SA-16

A6

HAZ/[*] 737-9 Aircraft Configuration

SA-19

A7

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-21

A8

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-21

 

 

HAZ-PA-03791

i

SA-24

 

 

 

 

BOEING PROPRIETARY

 

 

Enclosure 1

TABLE OF CONTENTS

 

 

 

 

A9

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-21

A10

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-21

A11

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-21

A12

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-21

A13

HAZ/[*] 737-9 Aircraft Configuration [*]

SA-21

A14

HAZ/[*] 737-9 Aircraft Configuration [*]

SA-21

A15

HAZ 737-8 [*] Aircraft Configuration [*]

SA-21

A16

HAZ 737-9 [*] Aircraft Configuration [*]

SA-21

A17

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-24

A18

HAZ/[*] 737-8 Aircraft Configuration [*]

SA-24

B

Aircraft Delivery Requirements and Responsibilities

 

 

 

 

 

 

SUPPLEMENTAL EXHIBITS

 

AE1

Escalation Adjustment - Airframe and Optional Features

 

BFE1

BFE Variables

SA-9

CS1

Customer Support Variables

 

EE1

[*], Engine Warranty and Patent Indemnity

 

SLP1

Service Life Policy Components

 

 

 

 

 

 

LETTER AGREEMENTS

SA No.

LA-1208077

AGTA Matters

 

LA-1208078R8

Advance Payment Matters

SA-24

LA-1208079R2

[*]

SA-18

LA-1208080

Assignment of Customer’s Interest to a Subsidiary or Affiliate

 

LA-1208081

Other Matters

 

LA-1208082

Demonstration Flight Waiver

 

LA-1208083R4

[*]

SA-17

LA-1208084

Leasing Matters

 

LA-1208085

Liquidated Damages for Non-Excusable Delay

 

LA-1208086

Loading of Customer Software

 

 

 

 

HAZ-PA-03791

ii

SA-24

 

 

 

 

BOEING PROPRIETARY

 

 

Enclosure 1

TABLE OF CONTENTS

 

 

 

 

LETTER AGREEMENTS

SA No.

LA-1208087R1

Open Matters for 737-8 and 737-9 Aircraft

SA-4

LA-1208088

Performance Matters

 

LA-1208089R1

[*]                                                                                                                       

SA-4

LA-1208090R9

Special Matters for 737-8 and 737-9 Aircraft

SA-23

LA-1208091

AGTA Term Revisions for 737-8 and 737-9 Aircraft

 

LA-1208092

[*]

 

LA-1208958

[*]

 

LA-1208963

[*]                                                                                                                       

SA-4

LA-1209052

Delivery Flexibility

 

LA-1300032

[*]                                                                                                                       

SA-4

LA-1400773

[*]                                                                                                                       

SA-4

LA-1401489

[*]                                                                                                                       

SA-4

LA-1701519

Special Matters Related to [*]

SA-10

LA-1701714

Special Matters for 737-7 Aircraft                                                                   

SA-24

LA-1704831

Special Matters Relating to [*]

SA-14

LA-1704362

[*]

SA-15

LA-1805016

[*]

SA-18

LA-1805303

[*]

SA-18

 

 

 

 

HAZ-PA-03791

iii

SA-24

 

 

 

 

BOEING PROPRIETARY

 

 

Enclosure 2

Table 1A

to Purchase Agreement No. PA-03791

737-8 Block A [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

 

 

 

 

 

 

Airframe Model/MTOW:

737-8

181200 pounds

    

Detail Specification:

D019A007-B (5/18/2012)

 

Engine Model/Thrust:

CFM-LEAP-1B

0 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:

 

[*]

 

 

 

 

 

 

 

 

 

 

 

Refundable Deposit/Aircraft at Proposal Accept:

 

[*]

 

 

 

 

 

 

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]-2018

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

 

 

Page 1 of 4

 

 

HAZ-PA-03791 60521, 63035

 

SA-24

 

BOEING PROPRIETARY

Page 1 of 4

 

 

Enclosure 2

Table 1A

to Purchase Agreement No. PA-03791

737-8 Block A [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

 

 

 

Page 2 of 4

 

 

HAZ-PA-03791 60521, 63035

 

SA-24

 

BOEING PROPRIETARY

Page 2 of 4

 

 

Enclosure 2

Table 1A

to Purchase Agreement No. PA-03791

737-8 Block A [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

 

 

Page 3 of 4

 

 

HAZ-PA-03791 60521, 63035

 

SA-24

 

BOEING PROPRIETARY

Page 3 of 4

 

 

Enclosure 2

Table 1A

to Purchase Agreement No. PA-03791

737-8 Block A [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

2

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]-2022

[*]

[*]

[*]

[*]

[*]

[*]

Total:

72

 

 

 

 

 

 

 

 

 

 

[*]

 

Manufacturer serial number is subject to change due to production changes.

 

 

 

 

Page 4 of 4

 

 

HAZ-PA-03791 60521, 63035

 

SA-24

 

BOEING PROPRIETARY

Page 4 of 4

 

 

Enclosure 3

Table 1B

to Purchase Agrement No. PA-03791

737-9 Block B [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

 

 

 

 

 

 

Airframe Model/MTOW:

737-9

194700 pounds

    

Detail Specification:

D019A007-B (5/18/2012)

 

Engine Model/Thrust:

CFM-LEAP-1B

0 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:

 

[*]

 

 

 

 

 

 

 

 

 

 

 

Refundable Deposit/Aircraft at Proposal Accept:

 

[*]

 

 

 

 

 

 

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]-2019

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

 

 

Page 1 of 4

 

 

HAZ-PA-03791 60522-1F.TXT

 

SA-24

 

BOEING PROPRIETARY

Page 1 of 2

 

Enclosure 3

Table 1B

to Purchase Agrement No. PA-03791

737-9 Block B [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]-2022

[*]

[*]

[*]

[*]

[*]

[*]

Total:

19

 

 

 

 

 

 

 

 

 

 

[*]

 

Manufacturer serial number is subject to change due to production changes.

 

 

 

Page 2 of 4

 

 

HAZ-PA-03791 60522-1F.TXT

 

SA-24

 

BOEING PROPRIETARY

Page 2 of 2

 

Enclosure 4

Table 1D

to Purchase Agreement No. PA-03791

737-8 Block D [*] Aircraft Delivery, Description, Price and Advance Payments

 

 

 

 

 

 

 

 

Airframe Model/MTOW:

737-8

181200 pounds

    

Detail Specification:

D019A008-L (10/5/2015)

 

Engine Model/Thrust:

CFMLEAP-1B25

25000 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:

 

[*]

 

 

 

 

Refundable Deposit/Aircraft at Proposal Accept:

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]-2017

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]-2021

1

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

Total:

6

 

 

 

 

 

 

 

 

 

 

[*]

 

Manufacturer serial number is subject to change due to production changes.

 

 

 

HAZ-PA-03791 85773-1F.TXT

 

SA-24

 

BOEING PROPRIETARY

Page 1

 

Enclosure 5

 

HAZ/[*] 737-8 AIRCRAFT CONFIGURATION [*]

 

between

 

THE BOEING COMPANY

 

and

 

AIR LEASE CORPORATION

 

Exhibit A17

 

to Purchase Agreement Number PA-03791

 

 

HAZ-PA-03791-EXA17

 

EXA Page 1

 

BOEING PROPRIETARY

 

 

Enclosure 5

 

Exhibit A17

 

AIRCRAFT CONFIGURATION

 

Dated October 2, 2019

 

relating to

 

BOEING MODEL 737-8 AIRCRAFT

 

The Detail Specification is [*]. The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].

 

 

 

HAZ-PA-03791-EXA17

 

EXA Page 2

 

BOEING PROPRIETARY

 

 

 

 

 

 

Exhibit A17 To

Boeing Purchase Agreement

 

 

Customer:

HAZ-Air Lease Corporation [*]

Model:

737-8

Base Date:

[*]

 

 

[*]

 

 

 

 

 

Enclosure 6

HAZ/[*] 737-8 AIRCRAFT CONFIGURATION [*]

 

between

 

THE BOEING COMPANY

 

and

 

AIR LEASE CORPORATION

 

Exhibit A18

 

to Purchase Agreement Number PA-03791

 

 

HAZ-PA-03791-EXA18

 

EXA Page 1

 

BOEING PROPRIETARY

 

 

Enclosure 6

Exhibit A18

 

AIRCRAFT CONFIGURATION

 

Dated October 2, 2019

 

relating to

 

BOEING MODEL 737-8 AIRCRAFT

 

The Detail Specification is [*]. The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].

 

 

 

HAZ-PA-03791-EXA18

 

EXA Page 2

 

BOEING PROPRIETARY

 

 

 

 

 

Exhibit A18 To

Boeing Purchase Agreement

 

 

Customer:

HAZ-Air Lease Corporation [*]

Model:

737-8

Base Date:

[*]

 

 

[*]

 

 

 

 

 

 

Enclosure 7

 

 

Picture 1

 

The Boeing Company
P.O. Box 3707
Seattle, WA  98124-2207

 

 

HAZ-PA-03791-LA-1208078R8

 

Air Lease Corporation

2000 Avenue of the Stars, Suite 1000N

Los Angeles, CA 90067

 

Subject:          Advance Payment Matters

 

Reference:      Purchase Agreement No. PA-03791 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 737-8 and 737-9 aircraft (Aircraft)

This letter agreement (Letter Agreement) cancels and supersedes all previous versions with an acceptance date prior to the acceptance date indicated below and 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.

The Purchase Agreement incorporates the terms and conditions of HAZ-AGTA between Boeing and Customer. This Letter Agreement modifies certain terms and conditions of the AGTA with respect to the Aircraft.

 

1.   Deferred Advance Payment Schedule.

1.1       Notwithstanding the Aircraft advance payment schedule provided in Table 1 of the Purchase Agreement, Customer may elect to pay an alternative fixed advance payment schedule for the Aircraft, as set forth below (Alternative Advance Payment Schedule).

[*]

 

2.   [*]

 

3.   [*]

 

4.   [*]

 

5.   Assignment.

Notwithstanding any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer in consideration

 

 

 

 

 

 

 

SA-24

 

BOEING PROPRIETARY

Page 1

 

 

 

 

 

Enclosure 7

 

 

Picture 5

 

 

 

 

of Customer taking title to the Aircraft at the time of delivery and leasing the Aircraft and cannot be assigned in whole or, in part.

6.   Confidential Treatment.

Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties. Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b) employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 6) without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this paragraph 6. Customer shall be fully responsible to Boeing for compliance with such obligations.

 

Very truly yours,

 

 

 

 

 

THE BOEING COMPANY

 

By

/s/ Michael Lombardi

 

 

 

 

Its

Attorney-in-fact

 

 

 

 

ACCEPTED AND AGREED TO this

 

 

 

 

Date:

October 2, 2019

 

 

 

 

AIR LEASE CORPORATION

 

 

 

 

By

/s/ Grant Levy

 

 

 

 

Its

Executive Vice President

 

 

 

HAZ-PA-03791-LA-1208078R8

 

SA-24

Advance Payment Matters

BOEING PROPRIETARY

Page 2