Attached files

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EX-12.1 - EX-12.1 - AIR LEASE CORPal-20170630ex121af5bab.htm
EX-32.2 - EX-32.2 - AIR LEASE CORPal-20170630ex3225b19ae.htm
EX-32.1 - EX-32.1 - AIR LEASE CORPal-20170630ex321469b9b.htm
EX-10.2 - EX-10.2 - AIR LEASE CORPal-20170630ex102114cbb.htm
EX-10.4 - EX-10.4 - AIR LEASE CORPal-20170630ex104d35966.htm
EX-10.10 - EX-10.10 - AIR LEASE CORPal-20170630ex1010a2bd6.htm
EX-31.1 - EX-31.1 - AIR LEASE CORPal-20170630ex311771edb.htm
EX-10.7 - EX-10.7 - AIR LEASE CORPal-20170630ex10759baf3.htm
EX-31.2 - EX-31.2 - AIR LEASE CORPal-20170630ex3121542af.htm
EX-10.6 - EX-10.6 - AIR LEASE CORPal-20170630ex106aedc6b.htm
EX-10.5 - EX-10.5 - AIR LEASE CORPal-20170630ex1056766f0.htm
EX-10.8 - EX-10.8 - AIR LEASE CORPal-20170630ex108f2ce1a.htm
EX-10.1 - EX-10.1 - AIR LEASE CORPal-20170630ex10103e675.htm
EX-10.3 - EX-10.3 - AIR LEASE CORPal-20170630ex103e1f1b7.htm
10-Q - 10-Q - AIR LEASE CORPal-20170630x10q.htm

EXHIBIT 10.9

 

Confidential Treatment
Requested Pursuant to Rule 24b-2

 

 

Supplemental Agreement No. 12

to

Purchase Agreement No. 03791

between

THE BOEING COMPANY

and

AIR LEASE CORPORATION

THIS SUPPLEMENTAL AGREEMENT is entered into as of May 30,  2017 (Supplemental Agreement No. 12)  by and between THE BOEING COMPANY (Boeing) and AIR LEASE CORPORATION (Customer).

All terms used but not defined in this Supplemental Agreement No. 12 have the same meaning as in the Purchase Agreement.

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;

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

[*]

WHEREAS, Boeing and Customer desire to maintain [*] as the lessee [*].

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

1.TABLE OF  CONTENTS.

 


*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

 

 

 

 

HAZ-PA-03791

1

SA-12

 

BOEING PROPRIETARY


 

The Table of Contents is deleted in its entirety, replaced by a new Table of Contents provided hereto as Enclosure 1  and incorporated into the Purchase Agreement by this reference.  The new Table of Contents reflects the revisions set forth in this Supplemental Agreement No. 12.

2.TABLES.

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

The Purchase Agreement will be deemed to be amended to the extent herein provided and as so amended will continue in full force and effect.    The terms of this Supplemental Agreement No. 12 expires if not executed by May 31, 2017.

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

THE BOEING COMPANY

 

AIR LEASE CORPORATION

 

 

 

 

 

By:

/s/ James E. Carpenter

 

By:

/s/ Grant Levy

 

 

 

 

 

Its:

Attorney‑In‑Fact

 

Its:

Executive Vice President

 

 

Attachments

 


*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

 

 

 

 

HAZ-PA-03791

2

SA-12

 

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

 

 

 

 

TABLE

 

 

1A

737-8 Block A Aircraft Information Table [*]

SA-10

1B

737-9 Block B Aircraft Information Table [*]

SA-11

1C

737-8 Block C Aircraft Information Table [*]

SA-5

1D

737-8 Block D Aircraft Information Table [*]

SA-12

 

 

 

EXHIBIT

 

 

A1

737-8 Aircraft Configuration

 

A2

737-9 Aircraft Configuration

 

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

 

LA-1208077

AGTA Matters

 

LA-1208078R3

Advance Payment Matters

SA-5

LA-1208079

[*]

SA-4

LA-1208080

Assignment of Customer’s Interest to a Subsidiary or Affiliate

 

LA-1208081

Other Matters

 

LA-1208082

Demonstration Flight Waiver

 

LA-1208083R2

[*]

SA-5

LA-1208084

Leasing Matters

 

LA-1208085

Liquidated Damages for Non-Excusable Delay

 

LA-1208086

Loading of Customer Software

 

 


*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

 

HAZ-PA-03791

i

SA-12

 

BOEING PROPRIETARY


 

 

Enclosure 1

 

TABLE OF CONTENTS

 

 

 

 

LA-1208087R1

Open Matters for 737-8 and 737-9 Aircraft

SA-4

LA-1208088

Performance Matters

 

LA-1208089R1

[*]

SA-4

LA-1208090R5

Special Matters

SA-11

LA-1208091

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

 

LA-1208092

[*]

 

LA-1208958

[*]

 

LA-1208963

[*]

SA-4

LA-1209052

[*]

 

LA-1300032

[*]

SA-4

LA-1400773

[*]

SA-4

LA-1401489

[*]

SA-4

LA-1701519

Special Matters related to [*]

SA-10

 


*  Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

 

 

HAZ-PA-03791

ii

SA-12

 

BOEING PROPRIETARY


 

 

Enclosure 2

 

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

 

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

 

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

1

 

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]-2021

 

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

Total:

6

 

 

 

 

 

 

 

 

 

 

 

[*]

 

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

 


*Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

 

 

 

 

HAZ-PA-03791 85773-IF.TXT

Boeing Proprietary

SA-12
Page 1