Exhibit 10.2
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. 18
to
Purchase Agreement No. 03776
between
The Boeing Company
and
United Airlines, Inc.
Relating to Boeing Model 737 MAX Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of September 8, 2021, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (Customer) (SA-18);
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 MAX aircraft (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-03776 SA-18, Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY
Supplemental Agreement No. 18 to
Purchase Agreement No. 03776
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-18”).
2.Tables.
Table 1.1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached similarly titled Table 1 (identified by “SA-18”) to reflect the *** 737-*** aircraft.
3.Letter Agreements.
Letter Agreement No. UAL-PA-03776-LA-1208157R3 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-03776-LA-1208157R4 titled “***” (identified by “SA-18”) to revise the *** for the 737-*** aircraft.
4.Miscellaneous.
4.1.The following letter agreements are deemed to revise references as follows:
UAL-PA-03776 SA-18, Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY
Supplemental Agreement No. 18 to
Purchase Agreement No. 03776
| | | | | | | | |
Document | Original Reference | Replacement Reference |
Table 1A: 737-*** Aircraft Delivery, Description, Price and *** | For the referenced Table 1A, the cited footnote below (incorporated into such Table 1A) references Letter Agreement UAL-PA-03776-LA-1208157R3: ^ - *** | For the referenced Table 1A, such cited footnote is deemed to be revised to reference Letter Agreement UAL-PA-03776-LA-1208157R4 as follows: ^ - *** |
Table 1B: *** 737-*** Aircraft Delivery, Description, Price and *** | For the referenced Table 1B, the cited footnote below (incorporated into such Table 1B) references Letter Agreement UAL-PA-03776-LA-1208157R3: ^ - *** | For the referenced Table 1B, such cited footnote is deemed to be revised to reference Letter Agreement UAL-PA-03776-LA-1208157R4 as follows: ^ - *** |
Table 1C: *** 737-*** Aircraft Delivery, Description, Price, and *** | For the referenced Table 1C, the cited footnote below (incorporated into such Table 1C) references Letter Agreement UAL-PA-03776-LA-1208157R3: ^ - *** | For the referenced Table 1C, such cited footnote is deemed to be revised to reference Letter Agreement UAL-PA-03776-LA-1208157R4 as follows: ^ - *** |
UAL-PA-03776 SA-18, Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY
Supplemental Agreement No. 18 to
Purchase Agreement No. 03776
4.2.The following references to “Table 1” in the Purchase Agreement and the associated exhibits, supplemental exhibits, and letter agreements to the Purchase Agreement are now deemed to be replaced per Figure 1 as follows:
Figure 1
| | | | | | | | |
Document | Original Reference | Replacement Reference |
Purchase Agreement Basic Articles | Reference to “Table 1” (i)Opening Paragraph 1 (ii)Article 2 (iii)Article 3.1 (iv)Article 4.1 & 4.2 (v)Article 5.1 | Reference to “Table 1” in such instances is deemed to be replaced as follows: “Table 1, Table 1.1 and Table 1A, Table 1B and Table 1C” |
Supplemental Exhibit AE2 | Reference to “Table 1” (i)Article 1 (ii)Notes to Article 1 | Reference to “Table 1” in such instances is deemed to be replaced as follows: “Table 1A, Table 1B and Table 1C” |
Supplemental Exhibit EE1 | Reference to “Table 1” Article 2.6.2 | Reference to “Table 1” in such instance is deemed to be replaced as follows: “Table 1, Table 1.1, Table 1A, Table 1B and Table 1C” |
UAL-PA-03776-LA-1207647 “Seller Purchased Equipment” | Reference to “Table 1” Article 2.6.2 | Reference to “Table 1” in such instance is deemed to be replaced as follows: “Table 1, Table 1.1, Table 1A, Table 1B and Table 1C” |
UAL-PA-03776-LA-1207637R4 “***” | Reference to “Table 1” Article 1.1 Article 3.2 | Reference to “Table 1” in such instance is deemed to be replaced as follows: “Table 1, Table 1.1 and Table 1A, Table 1B and Table 1C” |
UAL-PA-03776-LA-1207643R3 “Open Matters 737-*** and 737-*** Aircraft” | Reference to “Table 1B” Article 1.1 & 1.2 Article 2.1.1.4 | Reference to “Table 1B” in such instances is deemed to be replaced as follows: “Table 1B and Table 1C” |
Letter Agreement UALPA-03776-LA-1703858R1 titled “*** for the 737-10 Aircraft” | Reference to “Table 1A” Article 1 | Reference to “Table 1A” in such instance is deemed to be replaced as follows: “Table 1A, Table 1B and Table 1C” |
UAL-PA-03776 SA-18, Page 4
BOEING / UNITED AIRLINES, INC. PROPRIETARY
Supplemental Agreement No. 18 to
Purchase Agreement No. 03776
4.3.If Boeing or Customer determines that references described in Section 4 of this Supplemental Agreement No. 18 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-03776 SA-18, Page 5
BOEING / UNITED AIRLINES, INC. PROPRIETARY
Supplemental Agreement No. 18 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/ Ted Davidson |
Signature | | Signature |
| | |
Irma L. Krueger | | Ted Davidson |
Printed Name | | Printed Name |
| | |
Attorney-in-Fact | | Vice President Procurement |
Title | | Title |
UAL-PA-03776 SA-18, Page 6
BOEING / UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
TABLE OF CONTENTS
| | | | | | | | |
ARTICLES | SA NUMBER |
Article 1. | Quantity, Model and Description | SA-18 §4.2 |
Article 2. | Delivery Schedule | SA-18 §4.2 |
Article 3. | Price | SA-18 §4.2 |
Article 4. | Payment | SA-18 §4.2 |
Article 5. | Additional Terms | SA-18 §4.2 |
TABLE | |
1. | 737-*** Aircraft Delivery, Description, Price and *** | SA-9 |
1.1 | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-18 |
1A. | 737-*** Aircraft Delivery, Description, Price and *** | SA-15 & SA-18 §4.1 |
1B. | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-16 & SA-18 §4.1 |
1C. | *** 737-*** Aircraft Delivery, Description, Price and *** | SA-16 & SA-18 §4.1 |
EXHIBITS | |
A-1 | 737-9 & *** 737-9Aircraft Configuration | SA-8 |
A-2 | 737-8 Aircraft Configuration | |
A-3 | 737-7 Aircraft Configuration | |
A-4 | *** 737-*** Aircraft Configuration | SA-16 |
A-5 | 737-*** Aircraft Configuration | SA-14 |
B. | Aircraft Delivery Requirements and Responsibilities | |
TABLE OF CONTENTS, CONTINUED | |
SUPPLEMENTAL EXHIBITS | SA NUMBER |
AE1. | ***/Airframe and *** Features | |
AE2. | ***/Airframe and *** Features for the 737-10 Aircraft | SA-18 §4.2 |
BFE1. | BFE Variables 737-9 Aircraft | SA-7 |
UAL-PA-03776 TABLE OF CONTENTS SA-18, Page 1 of 4
BOEING/UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
| | | | | | | | |
BFE2. | BFE Variables 737-10 Aircraft | SA-9 |
CS1. | Customer Support Variables | SA-9 |
EE1. | Engine Warranty and *** | SA-18 §4.2 |
SLP1. | Service Life Policy Components | |
LETTER AGREEMENTS | SA NUMBER |
UAL-PA-03776-LA-1207637R4 | *** Matters | SA-16 |
UAL-PA-03776-LA-1207638R3 | *** | SA-16 |
UAL-PA-03776-LA-1207640 | Demonstration Flight Waiver | |
UAL-PA-03776-LA-1207643R3 | Open Matters 737-*** and 737-*** Aircraft | SA-15 & SA-18 §4.2 |
UAL-PA-03776-LA-1207646R4 | Promotional Support | SA-15 |
UAL-PA-03776-LA-1207647 | Seller Purchased Equipment | SA-18 §4.2 |
UAL-PA-03776-LA-1207649 | Spare Parts Initial Provisioning | |
UAL-PA-03776-LA-1207650R5 | Special Matters | SA-16 |
UAL-PA-03776-LA-1208055R1 | *** | SA-7 |
UAL-PA-03776-LA-1208122 | *** | SA-10 |
UAL-PA-03776-LA-1208123R1 | *** for 737-*** Aircraft | SA-9 |
UAL-PA-03776-LA-1208157R4 | *** | SA-18 |
UAL-PA-03776-LA-1208234 | Privileged and Confidential Matters | |
UAL-PA-03776-LA-1208596R2 | AGTA Matters | SA-13 |
UAL-PA-03776-LA-1208238 | Assignment Matters | |
TABLE OF CONTENTS, CONTINUED | |
LETTER AGREEMENTS | SA NUMBER |
UAL-PA-03776-LA-1208869R2 | Delivery *** Matters | SA-16 |
UAL-PA-03784-LA-1207869 | 737 Production Adjustments | |
UAL-PA-03776-LA-1606848R2 | *** Special MAX Aircraft | SA-9 |
UAL-PA-03776-LA-1703685 | 737-*** Aircraft *** | SA-9 |
UAL-PA-03776 TABLE OF CONTENTS SA-18, Page 2 of 4
BOEING/UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
| | | | | | | | |
UAL-PA-03776-LA-1703743 | 2017 *** | SA-9 |
UAL-PA-03776-LA-1703858R1 | *** for the 737-*** Aircraft | SA-18 §4.2 |
| *** Commitment for the 737-*** Aircraft | §5.1.2 of SA-9 |
UAL-PA-3776-LA-1801367 | Loading of Customer Software | SA-10 |
UAL-PA-3776-LA-1801619 | Installation of Cabin Systems Equipment | SA-10 |
UAL-PA-3776-LA-1807469 | *** From *** for 737-*** Aircraft | SA-11 |
UAL-PA-3776-LA-2001766R1 | Certain Special Matters | SA-14 |
UAL-PA-3776-LA-2103143 | Airline Operational Efficacy Matter | SA-16 |
UAL-PA-3776-LA-2103288 | *** | SA-16 |
UAL-PA-03776 TABLE OF CONTENTS SA-18, Page 3 of 4
BOEING/UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
| | | | | |
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 |
Supplemental Agreement No. 7 | December 27, 2016 |
Supplemental Agreement No. 8 | June 7, 2017 |
Supplemental Agreement No. 9 | June 15, 2017 |
Supplemental Agreement No. 10 | May 15, 2018 |
Supplemental Agreement No. 11 | September 25, 2018 |
Supplemental Agreement No. 12 | December 12, 2018 |
Supplemental Agreement No. 13 | March 20, 2020 |
Supplemental Agreement No. 14 | June 30, 2020 |
Supplemental Agreement No. 15 | February 26, 2021 |
Supplemental Agreement No. 16 | June 27, 2021 |
Supplemental Agreement No. 17 | August 12, 2021 |
Supplemental Agreement No. 18 | September 8, 2021 |
UAL-PA-03776 TABLE OF CONTENTS SA-18, Page 4 of 4
BOEING/UNITED AIRLINES, INC. PROPRIETARY
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Table 1.1 To Purchase Agreement No. 03776 |
*** 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 Aircraft | Delivery Date | | *** | Manufacturer Serial Number | Actual or Nominal Delivery **** | *** Estimate | *** Per Aircraft (Amts. Due/*** Prior to Delivery): | |
Number of | Factor | *** Base | *** | *** | *** | *** |
Aircraft | *** | Price Per A/P | ***% | ***% | ***% | ***% |
*** | *** | *** | *** | *** | *** | $*** | $*** | $*** | $*** | $*** |
Total in this Table: | *** | | | | | | | |
| * Nominal delivery *** pursuant to Letter Agreement number UAL-PA-03776-LA-1207643R3 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-03776 TABLE OF CONTENTS SA-18, Page 1
BOEING/UNITED AIRLINES, INC. PROPRIETARY
The Boeing Company P.O. Box 3707
Seattle, WA 98124 2207
UAL-PA-03776-LA-1208157R4
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Subject: ***
Reference: Purchase Agreement No. PA-03776 (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. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UCH-PA-03776-LA-1208157R3.
All terms used herein and in this Letter Agreement, and not defined herein, will have the same meaning as in the Purchase Agreement.
Subject to the terms, provisions, and conditions described herein, *** any Aircraft, as of the effective date (Effective Date) of the ***.
UAL-PA-03776-LA-1208157R4 SA-18
*** Page 1
BOEING/UNITED AIRLINES, INC. PROPRIETARY
1.Customer's ***.
Boeing *** to Customer, at a charge as described in paragraph 3 below, *** an Aircraft *** for the respective model type. The Effective Date of such *** shall be the date that Boeing provides *** to Customer, unless otherwise mutually agreed to. *** for the applicable Aircraft ***. Boeing will use its best reasonable efforts to provide *** not later than *** after receipt of Customer's written request.
2.***.
At the time of delivery of each Aircraft, or *** after delivery of an Aircraft, *** as requested by Customer. Such *** shall be ***, identifying the Aircraft Manufacturer's Serial Number (MSN), the delivery date and the Effective Date of the *** The *** shall also indicate the ***
3.***
3.1.Calculation of Customer's ***
If Customer elects ***:
***
3.4.Customer's ***.
***
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-03776-LA-1208234.
Very truly yours,
| | | | | |
THE BOEING COMPANY |
|
By: | /s/ Irma L. Krueger |
|
Its: | Attorney-in-Fact |
UAL-PA-03776-LA-1208157R4 SA-18
*** 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-03776-LA-1208157R4 SA-18
*** Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Attachment A to Letter Agreement UAL-PA-03776-LA-1208157R4
Date: ____________________
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Attention: ***
Reference: Letter Agreement UAL-PA-03776-LA-1208157R4 to Purchase Agreement 03776
***
Very truly yours,
THE BOEING COMPANY
By: __________________
Its: __________________
Attachment A to UAL-PA-03776-LA-1208157R4 SA-18
*** Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Attachment A: to Letter Agreement UAL-PA-03776-LA-1208157R4
***
Attachment A to UAL-PA-03776-LA-1208157R4 SA-18
*** Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY
CONFIDENTIAL TREATMENT REQUESTED BY UNITED CONTINENTAL HOLDINGS, INC. AND UNITED AIRLINES, INC.
Attachment B to Letter Agreement UAL-PA-03776-LA-1208157R4
***
Attachment B to UAL-PA-03776-LA-1208157R4 SA-18
*** Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY