Attached files
file | filename |
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EX-10.8 - EX-10.8 - FEDEX CORP | d657205dex108.htm |
EX-32.2 - EX-32.2 - FEDEX CORP | fdx-ex322_15.htm |
EX-32.1 - EX-32.1 - FEDEX CORP | fdx-ex321_19.htm |
EX-31.2 - EX-31.2 - FEDEX CORP | fdx-ex312_17.htm |
EX-31.1 - EX-31.1 - FEDEX CORP | fdx-ex311_14.htm |
EX-15.1 - EX-15.1 - FEDEX CORP | fdx-ex151_21.htm |
EX-10.13 - EX-10.13 - FEDEX CORP | d657205dex1013.htm |
EX-10.11 - EX-10.11 - FEDEX CORP | d657205dex1011.htm |
EX-10.10 - EX-10.10 - FEDEX CORP | d657205dex1010.htm |
EX-10.9 - EX-10.9 - FEDEX CORP | d657205dex109.htm |
EX-10.7 - EX-10.7 - FEDEX CORP | d657205dex107.htm |
EX-10.6 - EX-10.6 - FEDEX CORP | d657205dex106.htm |
EX-10.5 - EX-10.5 - FEDEX CORP | d657205dex105.htm |
EX-10.4 - EX-10.4 - FEDEX CORP | d657205dex104.htm |
EX-10.3 - EX-10.3 - FEDEX CORP | d657205dex103.htm |
EX-10.2 - EX-10.2 - FEDEX CORP | d657205dex102.htm |
EX-10.1 - EX-10.1 - FEDEX CORP | d657205dex101.htm |
10-Q - 10-Q - FEDEX CORP | fdx-10q_20181130.htm |
Exhibit 10.12
Supplemental Agreement No. 31
to
Purchase Agreement No. 3157
between
The Boeing Company
And
Federal Express Corporation
Relating to Boeing Model 777-FREIGHTER Aircraft
THIS SUPPLEMENTAL AGREEMENT No. 31 (SA-31), entered into as of the 14th day of September_2018, by and between THE BOEING COMPANY (Boeing) and FEDERAL EXPRESS CORPORATION (Customer);
W I T N E S S E T H:
A. WHEREAS, the parties entered into that certain Purchase Agreement No. 3157, dated November 7, 2006 (Purchase Agreement), relating to the purchase and sale of certain Boeing Model 777-FREIGHTER Aircraft (Aircraft);
B. WHEREAS, Customer desires to reschedule the delivery month of one (1) Block B Aircraft, as shown in the table below (SA-31 Accelerated Block B Aircraft):
Aircraft Block |
MSN |
Table |
Existing Delivery Month of Aircraft |
Revised Delivery Month of Aircraft | ||||
B | 40682 | 1-A | [*] | [*] |
C. WHEREAS, Boeing has agreed to provide additional commercial and business considerations for the SA-31 Accelerated Block B Aircraft.
D. WHEREAS, Customer desires to reschedule the delivery month of one (1) Block D Aircraft, as shown in the table below (SA-31 Accelerated Block D Aircraft):
Aircraft Block |
MSN |
Table |
Existing Delivery Month of Aircraft |
Revised Delivery Month of Aircraft | ||||
D | 41737 | 1-D | [*] | [*] |
P.A. No. 3157 | 1 | SA31 | ||
BOEING PROPRIETARY | ||||
* Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties hereto agree to supplement the Purchase Agreement as follows:
All terms used herein and in the Purchase Agreement, and not defined herein, shall have the same meaning as in the Purchase Agreement.
1. | Remove and replace, in its entirety, the Table of Contents with the revised Table of Contents, attached hereto, to reflect the changes made by this Supplemental Agreement No. 31. |
2. | Boeing and Customer agree that upon execution of this Supplemental Agreement No. 31 the SA-31 Accelerated Block B Aircraft is hereby rescheduled as described in Recital Paragraph B above. |
3. | Boeing and Customer agree that upon execution of this Supplemental Agreement No. 31 the SA-31 Accelerated Block D Aircraft is hereby rescheduled as described in Recital Paragraph D above. |
4. | Remove and replace, in its entirety, Table 1-A, with the revised Table 1-A, attached hereto, revised to change the delivery month of the [*] aircraft to [*]. Furthermore, Boeing and Customer agree that there will not be any change to the current [*], [*], and [*] used for the revised aircraft delivery described in Recital Paragraph B and will remain the same as of SA-30. |
5. | Remove and replace, in its entirety, Table 1-D, with the revised Table 1-D, attached hereto, revised to change the delivery month of the [*] aircraft to [*]. Furthermore, Boeing and Customer agree that there will not be any change to the current [*], [*], and [*] used for the revised aircraft delivery described in Recital Paragraph D and will remain the same as of SA-30. |
6. | This Supplemental Agreement No. 31 to the Purchase Agreement shall not be effective unless executed and delivered by the parties on or prior to September 14, 2018. |
P.A. No. 3157 | 2 | SA31 | ||
BOEING PROPRIETARY | ||||
* Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |
EXECUTED as of the day and year first above written.
THE BOEING COMPANY | FEDERAL EXPRESS CORPORATION | |||||||
By: | /s/ Dennis A. Toy |
By: | /s/ Kevin A. Burkhart | |||||
Its: | Attorney-In-Fact |
Its: | Vice President |
P.A. No. 3157 | 3 | SA31 | ||
BOEING PROPRIETARY |
TABLE OF CONTENTS
ARTICLES |
SA NUMBER |
|||||
1. |
Quantity, Model and Description |
|||||
2. |
Delivery Schedule |
|||||
3. |
Price |
|||||
4. |
Payment |
|||||
5. |
Miscellaneous |
|||||
TABLE |
||||||
1. |
Aircraft Information Table | 30 | ||||
1-A |
Block B Firm Aircraft Information Table | 31 | ||||
1-B |
Block B Conditional Firm Aircraft Information Table | 30 | ||||
1-C |
Block C Aircraft Information Table | 13 | ||||
1-C1 |
Block C Aircraft Information Table (MSN 39285) | 11 | ||||
1-C2 |
Block C Aircraft Information Table | 29 | ||||
1-D |
Block D Aircraft Information Table | 31 | ||||
1-E1 |
Block E Firm Aircraft Information Table (Block E1) | 30 | ||||
1-E2 |
Block E Conditional Firm Aircraft Information Table (Block E2) | 30 | ||||
EXHIBIT |
||||||
A. |
Aircraft Configuration | 4 | ||||
A1. |
Aircraft Configuration (Block B Aircraft) | 4 | ||||
A2. |
Aircraft Configuration (Block C Aircraft except MSN 39285) | 11 | ||||
A3. |
Aircraft Configuration (Block C Aircraft w/ MSN 39285) | 11 | ||||
A4. |
Aircraft Configuration (Block D Aircraft) | 12 | ||||
A5. |
Aircraft Configuration (Block E Aircraft) | 30 | ||||
B. |
Aircraft Delivery Requirements and Responsibilities |
|||||
SUPPLEMENTAL EXHIBITS |
||||||
AE1. |
Escalation Adjustment/Airframe and Optional Features |
|||||
CS1. |
Customer Support Variables |
|||||
EE1. |
Engine Escalation/Engine Warranty and Patent Indemnity |
|||||
SLP1. |
Service Life Policy Components |
P.A. No. 3157 | 4 | SA31 | ||
BOEING PROPRIETARY |
LETTER AGREEMENT |
SA NUMBER | |||
3157-01 |
777 Spare Parts Initial Provisioning |
|||
3157-02 |
Demonstration Flight Waiver |
|||
6-1162-RCN-1785 |
Demonstrated Compliance |
|||
6-1162-RCN-1789 |
Option Aircraft Attachment to Letter 6-1162-RCN-1789 |
Exercised in SA # 4 | ||
6-1162-RCN-1790 |
Special Matters |
|||
6-1162-RCN-1791 |
Performance Guarantees |
4 | ||
6-1162-RCN-1792 |
Liquidated Damages Non-Excusable Delay |
|||
6-1162-RCN-1793 |
Open Configuration Matters |
|||
6-1162-RCN-1795 |
AGTA Amended Articles |
|||
6-1162-RCN-1796 |
777 First-Look Inspection Program |
|||
6-1162-RCN-1797 |
Licensing and Customer Supplemental Type Certificates |
|||
6-1162-RCN-1798 |
777 Boeing Converted Freighter |
Deleted in SA # 4 | ||
6-1162-RCN-1798R1 |
777 Boeing Converted Freighter |
4 | ||
6-1162-RCN-1799R1 |
[*] |
24 | ||
6-1162-RRO-1062 |
Option Aircraft Attachment to Letter 6-1162-RRO-1062 |
4 30 | ||
6-1162-RRO-1065 |
Performance Guarantees for Block B Aircraft |
4 | ||
6-1162-RRO-1066R1 |
Special Matters for Block B Aircraft |
22 | ||
6-1162-RRO-1067R1 |
Special Matters for Option Aircraft detailed in Letter Agreement 6-1162-RRO-1062 |
30 | ||
6-1162-RRO-1068R1 |
Special Provision Block B and Block E2 Aircraft |
30 | ||
FED-PA-LA-1000790R3 |
Special Matters for Block C Aircraft |
20 | ||
FED-PA-LA-1001683R2 |
Special Matters for Block D Aircraft |
19 | ||
6-1162-RRO-1144R7 |
[*] as related to SAs #8, #13 through #16, SA # 18 through SA #20 |
20 | ||
6-1162-SCR-137 |
777F Miscellaneous Matters |
20 | ||
6-1162-SCR-154 |
[*] Letter |
22 | ||
6-1162-SCR-155 |
[*] Engine Hard Mount Letter |
22 | ||
6-1162-SCR-186 |
[*], Non-Isolated Engine Mounts Letter |
23 | ||
6-1162-SCR-193 R1 |
[*] Matters and [*] Special Matters |
30 |
P.A. No. 3157 | 5 | SA31 | ||
BOEING PROPRIETARY | ||||
* Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |
LETTER AGREEMENT (Cont) |
SA NUMBER | |||
6-1162-LKJ-0726 |
[*] |
24 | ||
SA-24 Accelerated Block B Aircraft |
||||
6-1162-LKJ-0737R1 |
Special Matters SA-26 Accelerated Block C Aircraft |
29 | ||
6-1162-LKJ-0758 |
Special Matters SA-27 Accelerated Block B Aircraft |
27 | ||
6-1162-LKJ-0768 |
Special Matters SA-28 Accelerated Aircraft |
28 | ||
6-1162-LKJ-0766 |
Special Matters SA-29 Accelerated Aircraft |
29 | ||
6-1162-LKJ-0767 |
Special Considerations SA-29 |
29 | ||
FED-PA-3157-LA-1802894 |
Special Matters for Block E Aircraft |
30 | ||
6-1169-LKJ-0776 |
SA-30 Option Aircraft |
30 | ||
6-1169-LKJ-0777 |
Special Matters SA-30 Option Aircraft |
30 | ||
6-1169-LKJ-0778 |
SA-30 [*] Matters |
30 |
P.A. No. 3157 | 6 | SA31 | ||
BOEING PROPRIETARY | ||||
* Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |
SUPPLEMENTAL AGREEMENTS |
DATED AS OF: | |
Supplemental Agreement No. 1 |
May 12, 2008 | |
Supplemental Agreement No. 2 |
July 14, 2008 | |
Supplemental Agreement No. 3 |
December 15, 2008 | |
Supplemental Agreement No. 4 |
January 9, 2009 | |
Supplemental Agreement No. 5 |
January 11, 2010 | |
Supplemental Agreement No. 6 |
March 17, 2010 | |
Supplemental Agreement No. 7 |
March 17, 2010 | |
Supplemental Agreement No. 8 |
April 30, 2010 | |
Supplemental Agreement No. 9 |
June 18, 2010 | |
Supplemental Agreement No. 10 |
June 18, 2010 | |
Supplemental Agreement No. 11 |
August 19, 2010 | |
Supplemental Agreement No. 12 |
September 3, 2010 | |
Supplemental Agreement No. 13 |
August 27, 2010 | |
Supplemental Agreement No. 14 |
October 25, 2010 | |
Supplemental Agreement No. 15 |
October 29, 2010 | |
Supplemental Agreement No. 16 |
January 31, 2011 | |
Supplemental Agreement No. 17 |
February 14, 211 | |
Supplemental Agreement No. 18 |
March 31, 2011 | |
Supplemental Agreement No. 19 |
October 27, 2011 | |
Supplemental Agreement No. 20 |
December 14, 2011 | |
Supplemental Agreement No. 21 |
June 29, 2012 | |
Supplemental Agreement No. 22 |
December 11, 2012 | |
Supplemental Agreement No. 23 |
December 10, 2013 | |
Supplemental Agreement No. 24 |
May 4, 2016 | |
Supplemental Agreement No. 25 |
June 10, 2016 |
P.A. No. 3157 | 7 | SA31 | ||
BOEING PROPRIETARY |
SUPPLEMENTAL AGREEMENTS (Cont) |
DATED AS OF: | |
Supplemental Agreement No. 26 |
February 10, 2017 | |
Supplemental Agreement No. 27 |
October 12, 2017 | |
Supplemental Agreement No. 28 |
January 28, 2018 | |
Supplemental Agreement No. 29 |
February 2, 2018 | |
Supplemental Agreement No. 30 |
June 18, 2018 | |
Supplemental Agreement No. 31 |
September , 2018 |
P.A. No. 3157 | 8 | SA31 | ||
BOEING PROPRIETARY |
Table 1-A to Purchase Agreement No. 3157
Aircraft Delivery, Description, Price and Advance Payments
Block B Firm
Airframe Model/MTOW: | 777-Freighter | 766000 pounds | Detail Specification: D019W007FED7F-1, Rev G dated July 25, 2012 | |||||||
Engine Model/Thrust: | GE90-110B1L | 110000 pounds | Airframe Price Base Year/Escalation Formula: |
[*] | ECI-MFG/CPI | |||||
Airframe Price: | [*] | Engine Price Base Year/Escalation Formula: |
N/A | N/A | ||||||
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: | [*] | |||||||||
Non-Refundable Deposit/ Aircraft at Def Agreement: |
[*] |
Escalation | Escalation Estimate |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||
Delivery | Number of | Factor | MSN | Adv Payment Base | At Signing | 24 Mos. | 21/18/15/12/9/6 Mos. | Total | ||||||||||
Date |
Aircraft |
(Airframe) |
|
Price Per A/P |
1% |
4% |
5% |
35% | ||||||||||
[*] |
1 | [*] | 40674 | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] |
1 | [*] | 40675 | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] |
1 | [*] | 40684 | SA-24 Accelerated Block B Aircraft | [*] | [*] | [*] | [*] | [*] | |||||||||
[*] |
1 | [*] | 40683 | SA-28 Accelerated Block B Aircraft | [*] | [*] | [*] | [*] | [*] | |||||||||
[*] |
1 | [*] | 40685 | SA-27 Accelerated Block B Aircraft | [*] | [*] | [*] | [*] | [*] | |||||||||
[*] |
1 | [*] | 40671 | SA-29 Accelerated Block B Aircraft | [*] | [*] | [*] | [*] | [*] | |||||||||
[*] |
1 | [*] | 40672 | SA-29 Accelerated Block B Aircraft | [*] | [*] | [*] | [*] | [*] | |||||||||
[*] |
1 | [*] | 40682 | SA-29 and SA-31 Accelerated Block B Aircraft | [*] | [*] | [*] | [*] | [*] | |||||||||
[*] |
1 | [*] | 40673 | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] |
1 | [*] | 40676 | [*] | [*] | [*] | [*] | [*] | ||||||||||
[*] |
1 | [*] | 40679 | [*] | [*] | [*] | [*] | [*] | ||||||||||
Total: |
11 | * SA-24 Accelerated Block B Aircraft. [*] for the SA-24 Accelerated Block B Aircraft are subject to Letter Agreement 6-1162-LKJ-0726. | ||||||||||||||||
** SA-27 Accelerated Block B Aircraft. [*] for the SA-27 Accelerated Block B Aircraft are subject to Letter Agreement 6-1162-LKJ-0758. | ||||||||||||||||||
*** SA-29 and SA-31 Accelerated Block B Aircraft. This Aircraft is an [*] delivery revised to [*]. [*] for this SA-29 and SA-31 Accelerated Block B Aircraft remain unchanged from SA 30 Letter Agreement 6-1169-LKJ-0778. For avoidance of doubt, the [*], [*], and [*] for this SA-29 and SA-31 Accelerated Block B Aircraft is based on the [*] delivery as described in SA-30. |
NOTES: [*]
APR No. 50270, 62654, 79650, 106232, 108205 | Supplemental Agreement No. 31 | |||
BOEING PROPRIETARY | ||||
* Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |
Table 1-D To
Purchase Agreement No. PA-3157
Aircraft Delivery, Description, Price and Advance Payments
Airframe Model/MTOW: | 777-Freighter | 766000 pounds | Detail Specification: D019W007FED7F-1 Rev E dated August 29, 2011 | |||||||
Engine Model/Thrust: | GE90-110B1L | 110100 pounds | Airframe Price Base Year/Escalation Formula: | [*] | ECI-MFG/CPI | |||||
Airframe Price: | [*] | Engine Price Base Year/Escalation Formula: | N/A | N/A | ||||||
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: | [*] | |||||||||
Deposit per Aircraft: | [*] |
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): | ||||||||||||||||||||
Delivery | Number of | Escalation Factor |
Escalation Estimate Adv Payment Base |
At Signing | 24 Mos. | 21/18/15/12/9/6 Mos. | Total | |||||||||||||
Date |
Aircraft |
(Airframe) |
MSN |
Deposit |
Price Per A/P |
1% |
4% |
5% |
35% | |||||||||||
Block D Aircraft |
||||||||||||||||||||
[*] |
1 | [*] | 41439 | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] |
1 | [*] | 41440 | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] |
1 | [*] | 41736 | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] |
1 | [*] | 41737 | SA-31 Accelerated Block D Aircraft | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
4 | ||||||||||||||||||||
1 [*] | ||||||||||||||||||||
2 In SA #19, one (1) [*] Aircraft was moved to [*]. [*] | ||||||||||||||||||||
3 SA-31 Accelerated Block D Aircraft. This Aircraft is an [*] delivery revised to [*]. [*] for this SA-31 Accelerated Block D Aircraft remain unchanged from SA 30. For avoidance of doubt, the [*], [*], and [*] for this SA-31 Accelerated Block D Aircraft is based on the [*] delivery as described in SA-30 and SA-20. | ||||||||||||||||||||
FED 54641, 55684, 56375, and 58384 | Supplemental Agreement No. 31 | |||
Page 1 | ||||
Boeing Proprietary | ||||
* Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |