Exhibit 10.2
CONFIDENTIAL TREATMENT
Supplemental Agreement No. 72
to
Purchase Agreement No. 1810
between
THE BOEING COMPANY
and
SOUTHWEST AIRLINES CO.
Relating to Boeing Model 737-7H4 Aircraft (the Aircraft)
THIS SUPPLEMENTAL AGREEMENT, entered into as of February 17, 2011, by and between THE BOEING COMPANY, a Delaware corporation with principal offices in Seattle, Washington, (Boeing) and SOUTHWEST AIRLINES CO., a Texas corporation with principal offices in Dallas, Texas (Buyer);
WHEREAS, the parties hereto entered into Purchase Agreement No. 1810 dated January 19, 1994, relating to Boeing Model 737-700 aircraft (the Purchase Agreement) and;
WHEREAS, Buyer wishes to purchase the following aircraft, in the configuration specification identified in Exhibit A to the Purchase Agreement, and incorporate such aircraft into the Purchase Agreement as Block T-W-2b Firm Aircraft (December 2011 Incremental Aircraft);
MSN | Delivery Month |
TBD | December 2011 |
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Agreement as follows:
1. The Table of Contents of the Agreement is deleted in its entirety and a new Table of Contents is attached hereto and incorporated into the Agreement by this reference;
2. Table 1 is hereby deleted in its entirety and replaced by a new Table 1, attached hereto and incorporated into the Agreement, to identify the delivery positions, quantities, Price and Advance Payment Base Price of the December 2011 Incremental Aircraft as a Block T-W-2b Firm Aircraft;
3. Letter Agreement No. SWA-PA-1810-LA-02710, entitled ***, is deleted in its entirety and replaced by a new Letter Agreement No. SWA-PA-1810-LA-02710R1 attached hereto and hereby incorporated into the Agreement by this reference.
***Pursuant to 17 CFR 240.24b-2, confidential information has been omitted and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission.
P.A. No. 1810 | SA-72-1 |
K/SWA
The Agreement will be deemed to be supplemented to the extent herein provided and as so supplemented will continue in full force and effect.
EXECUTED IN DUPLICATE as of the day and year first above written.
THE BOEING COMPANY | SOUTHWEST AIRLINES CO. |
By: /s/ Isabelle Session | By: /s/ Scott Topping |
Its: Attorney-In-Fact | Its: VP Treasurer |
P.A. No. 1810 | SA-72-2 |
K/SWA
TABLE OF CONTENTS
Page | SA | ||
ARTICLES | Number | Number | |
1. | Subject Matter of Sale | 1-1 | SA-13 |
2. | Delivery, Title and Risk of Loss | 2-1 | SA-28 |
3. | Price of Aircraft | 3-1 | SA-71 |
4. | Taxes | 4-1 | |
5. | Payment | 5-1 | |
6. | Excusable Delay | 6-1 | |
7. | Changes to the Detail Specification | 7-1 | |
8. | Federal Aviation Requirements and Certificates and Export License | 8-1 | |
9. | Representatives, Inspection, Flights and Test Data | 9-1 | |
10. | Assignment, Resale or Lease | 10-1 | |
11. | Termination for Certain Events | 11-1 | |
12. | Product Assurance; Disclaimer and Release; Exclusion of Liabilities; Customer Support; Indemnification and Insurance | 12-1 | |
13. | Buyer Furnished Equipment and Spare Parts | 13-1 | |
14. | Contractual Notices and Requests | 14-1 | |
15. | Miscellaneous | 15-1 |
P.A. No. 1810 | SA-72 |
K/SWA
TABLE OF CONTENTS CON'T
SA | |||
TABLE | Number | ||
1. | Aircraft Information Table | SA-72 | |
2. | Option Aircraft Information Table | SA-66 | |
EXHIBITS | |||
A | 737-700 Aircraft Configuration Exhibit A-4 Exhibit A-1A | | SA-69 |
A.2 | 737-800 Aircraft Configuration | SA-71 | |
B | Product Assurance Document | SA-1 | |
C | Customer Support Document | ||
C.2 | 737-800 Customer Support Document | SA-71 | |
D | Price Adjustments Due to Economic Fluctuations - Aircraft | ||
E | Buyer Furnished Equipment Provisions Document | ||
E.2 | 737-800 Buyer Furnished Equipment Provisions Document | SA-71 | |
F | Defined Terms Document | ||
LETTER AGREEMENTS | |||
1810-1 | Waiver of Aircraft Demonstration Flight |
P.A. No. 1810 | SA-72 |
K/SWA
TABLE OF CONTENTS CON'T
SA | |||
RESTRICTED LETTER AGREEMENTS | Number | ||
6-1162-RLL-932R2 | Promotional Support | SA-13 | |
6-1162-RLL-933R21 | Option Aircraft | SA-60 | |
6-1162-RLL-934R4 | Disclosure of Confidential Information | SA-71 | |
6-1162-RLL-935R1 | Performance Guarantees | SA-1 | |
6-1162-NIW-890 | *** | SA-39 | |
6-1162-RLL-936R4 | Certain Contractual Matters | SA-4 | |
6-1162-RLL-937 | Alternate Advance Payment Schedule | ||
6-1162-RLL-938 | *** | ||
6-1162-RLL-939R1 | Certification Flight Test Aircraft | SA-1 | |
6-1162-RLL-940R1 | Training Matters | SA-1 | |
6-1162-RLL-941R2 | Other Matters | SA-13 | |
6-1162-RLL-942 | Open Configuration Matters | ||
6-1162-RLL-943R1 | Substitution Rights | SA-6 | |
6-1162-RLL-944 | *** | ||
6-1162-RLL-945 | Comparison of 737-7H4 and 737-3H4 Block Fuel Burn | ||
6-1162-RLL-1855R3 | Additional Contractual Matters | SA-4 | |
6-1162-RLL-1856 | *** | SA-1 | |
6-1162-RLL-1857 | Service Ready Validation Program Field Test | SA-1 | |
6-1162-RLL-1858R1 | Escalation Matters | SA-4 |
P.A. No. 1810 | SA-72 |
K/SWA
TABLE OF CONTENTS CON'T
SA | |||
RESTRICTED LETTER AGREEMENTS | Number | ||
6-1162-RLL-2036 | Amortization of Costs for Customer Unique Changes | ||
6-1162-RLL-2037 | Reconciliation of the Aircraft Basic Price | SA-1 | |
6-1162-RLL-2073 | Maintenance Training Matters | SA-1 | |
6-1162-KJJ-054R1 | Business Matters | �� | |
6-1162-KJJ-055R1 | Structural Matters | SA-25 | |
6-1162-KJJ-056 | Noise and Emission Matters | SA-13 | |
6-1162-KJJ-057 | Product Development Matters | SA-13 | |
6-1162-KJJ-058R1 | Additional Substitution Rights | SA-71 | |
6-1162-KJJ-150 | Flight Control Computer & Mode Control Panel Spares Matter | SA-14 | |
6-1162-MSA-185R3 | Delivery Change Contractual Matters | SA-21 | |
6-1162-JMG-669R8 | *** | SA-54 | |
6-1162-JMG-747R1 | *** | SA-36 | |
6-1162-CHL-217 | Rescheduled Flight Test Aircraft | SA-32 | |
6-1162-NIW-606R1 | *** | SA-36 | |
6-1162-NIW-640 | Early Delivery of Two April 2004 Aircraft | SA-35 | |
6-1162-NIW-889 | Warranty - Exterior Color Schemes and Markings for YA143 and on | SA-39 | |
6-1162-NIW-1142 | *** | SA-43 | |
6-1162-NIW-1369 | *** | SA-46 |
P.A. No. 1810 | SA-72 |
K/SWA
6-1162-NIW-1983 *** | SA-62 | |
SWA-PA-1810-LA-1000419 *** | SA-64 | |
SWA-PA-1810-LA-1001315 *** | SA-66 | |
SWA-PA-1810-LA-02710 *** | SA-72 | |
SWA-PA-1810-LA-100398 737-800 Promotional Support | SA-71 | |
SWA-PA-1810-LA-1003490 *** | SA-71 | |
SWA-PA-1810-LA-1003367 *** | SA-71 |
P.A. No. 1810 | SA-72 |
K/SWA
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Base Aircraft Price | Special Features | Aircraft Basic Price | |||
Block A, B, C, D & E Aircraft | *** | *** | *** | ||
Block F & G Aircraft | *** | *** | *** | ||
Block H Aircraft | *** | *** | *** | ||
Block I Aircraft | *** | *** | *** | ||
Block J Aircraft | *** | *** | *** | ||
Block K Aircraft | *** | *** | *** | ||
Block K-W Aircraft | *** | *** | *** | ||
Block L Aircraft | *** | *** | *** | ||
Block T Aircraft | *** | *** | *** | ||
Block T-W Aircraft | *** | *** | *** | ||
Block T-W-1 / T-W-1a Aircraft | *** | *** | *** | ||
Block T-W-2 / T-W-2a Aircraft | *** | *** | *** | ||
Block T-W-2b Aircraft* | *** | *** | *** | ||
Block T-W-2c Aircraft*** | *** | *** | *** | ||
Block T-W-3 Aircraft** | *** | *** | *** |
notes: | ||||
Block K-W Aircraft: Block K airplanes with production winglets installation | ||||
Block T-W Aircraft: Block T airplanes with production winglets installation | ||||
Block T-W-1 / T-W-1a Aircraft: Firm Aircraft contracted to deliver from May 1, 2006 through June 2008 at the signing of SA-47 -- (T-W-1a Aircraft -- Advance Payment Schedule per LA 6-1162-JGM-669) | ||||
Block T-W-2 / T-W-2a Aircraft: U-W-1 Option Aircraft which became Firm Aircraft after signing of SA-47 and | ||||
Firm Aircraft contracted to deliver in July 2008 forward at the signing of SA47 -- | ||||
(T-W-2a Aircraft -- Advance Payment Schedule per LA 6-1162-JGM-669) | ||||
Exhibit A-2 applies to Block T-W-2 / T-W-2a Aircraft delivering through Dec 2009 and the first Aircraft delivering in Jan 2010 | ||||
Exhibit A-3 applies to Block T-W-2 / T-W-2a Aircraft the second Aircraft delivering in Jan 2010 and on | ||||
Block T-W-2b Aircraft - Advance Payment Schedule per LA SWA-PA-1810-LA-1001315; | ||||
* Exhibit A-4 applies to Block T-W-2b Aircraft as identified in Exhibit A-4 to the Purchase Agreement^ | ||||
***Exhibit A-1A applies to Block T-W-2c Aircraft per SA69 | ||||
Block T-W-3 Aircraft (Substitute Aircraft per SA71) - Advance Payment Schedule per LA SWA-PA-1810-1001315 | ||||
**First minor model Special Features price =*** due to non-recuring charges^^ | ||||
**Exhibit A.2 applies to Block T-W-3 Aircraft^^^ |
Delivery | Number of | Aircraft | Adv Payment Base | |
Date | Aircraft | Block | Price Per A/P | Serial Number |
Oct-1998 | 1 | F | *** | |
Nov-1998 | 2 | F | *** | |
Dec-1998 | 2 | F | *** | |
Mar-1999 | 2 | G | *** | |
Jun-1999 | 2 | H | *** | |
Jul-1999 | 1 | H | *** | |
Aug-1999 | 1 | H | *** | |
Sep-1999 | 2 | H | *** | |
Oct-1999 | 1 | H | *** | |
Oct-1999 | 1 | L | *** |
SWA – PA1810 | SA-72 |
^APR54184 | 2Q2010 Forecast |
Page 1
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Delivery Date | Number of Aircraft | Aircraft Block | Escalation Estimate Adv Payment Base Price Per A/P | Serial Number |
Nov-1999 | 2 | L | *** | |
Dec-1999 | 1 | L | *** | |
Mar-2000 | 1 | H | *** | |
Apr-2000 | 2 | H | *** | |
Jun-2000 | 3 | L | *** | |
Jul-2000 | 3 | L | *** | |
Sep-2000 | 1 | H | *** | |
Sep-2000 | 1 | L | *** | |
Oct-2000 | 2 | H | *** | |
Oct-2000 | 1 | L | *** | |
Nov-2000 | 4 | L | *** | |
Dec-2000 | 2 | E | *** | |
Dec-2000 | 1 | L | *** | |
Jan-2001 | 1 | E | *** | |
Jan-2001 | 1 | L | *** | |
Feb-2001 | 1 | E | *** | |
Feb-2001 | 1 | L | *** | |
Mar-2001 | 2 | E | *** | |
Mar-2001 | 2 | H | *** | |
Apr-2001 | 1 | H | *** | |
Jun-2001 | 3 | E | *** | |
Jul-2001 | 1 | L | *** | |
Sep-2001 | 3 | E | *** | |
Sep-2001 | 1 | L | *** | |
Oct-2001 | 3 | H | *** | |
Oct-2001 | 1 | L | *** | |
Nov-2001 | 2 | I | *** | |
Nov-2001 | 1 | T | *** | |
Dec-2001 | 1 | I | *** | |
Jan-2002 | 1 | I | *** | |
Feb-2002 | 1 | T | *** | |
Mar-2002 | 4 | I | *** | |
Apr-2002 | 2 | I | *** | |
Nov-2002 | 1 | J | *** | |
Dec-2002 | 2 | I | *** | |
Dec-2002 | 1 | J | *** | |
Mar-2003 | 2 | L | *** | |
May-2003 | 1 | I | *** | |
Jun-2003 | 2 | I | *** | |
Jul-2003 | 1 | I | *** | |
Jul-2003 | 1 | L | *** | |
Aug-2003 | 1 | I | *** | |
Aug-2003 | 2 | L | *** | |
Sep-2003 | 3 | I | *** | |
Nov-2003 | 2 | J | *** | |
Dec-2003 | 2 | J | *** | |
Jan-2004 | 2 | T | *** | |
Feb-2004 | 1 | T | *** | |
Mar-2004 | 1 | J | *** | |
Mar-2004 | 1 | K | *** | |
Apr-2004 | 3 | K | *** | |
Apr-2004 | 3 | T | *** | |
May-2004 | 1 | K | *** | |
May-2004 | 1 | T | *** | |
Jun-2004 | 2 | K | *** | |
Jun-2004 | 6 | T | *** |
SWA – PA1810 | SA-72 |
^APR54184 | 2Q2010 Forecast |
Page 2
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Delivery Date | Number of Aircraft | Aircraft Block | Escalation Estimate Adv Payment Base Price Per A/P | Serial Number |
Jul-2004 | 2 | K | *** | |
Jul-2004 | 2 | T | *** | |
Aug-2004 | 6 | T-W | *** | |
Sep-2004 | 1 | K-W | *** | |
Sep-2004 | 4 | T-W | *** | |
Oct-2004 | 4 | K-W | *** | |
Oct-2004 | 0 | T-W | *** | |
Nov-2004 | 3 | T-W | *** | |
Dec-2004 | 3 | T-W | *** | |
Jan-2005 | 5 | T-W | *** | |
Feb-2005 | 3 | T-W | *** | |
Mar-2005 | 4 | T-W | *** | |
Apr-2005 | 4 | T-W | *** | |
May-2005 | 2 | T-W | *** | |
Jun-2005 | 4 | T-W | *** | |
Jul-2005 | 2 | T-W | *** | |
Aug-2005 | 2 | T-W | *** | |
Sep-2005 | 3 | T-W | *** | |
Oct-2005 | 2 | T-W | *** | |
Nov-2005 | 2 | T-W | *** | |
Dec-2005 | 1 | T-W | *** | |
Jan-2006 | 1 | T-W | *** | |
Feb-2006 | 4 | T-W | *** | |
Mar-2006 | 3 | T-W | *** | |
Apr-2006 | 2 | T-W | *** | |
May-2006 | 5 | T-W-1 | *** | |
Jun-2006 | 5 | T-W-1 | *** | |
Jul-2006 | 3 | T-W-1 | *** | |
Aug-2006 | 3 | T-W-1 | *** | |
Sep-2006 | 3 | T-W-1 | *** | |
Oct-2006 | 1 | T-W-1 | *** | |
Nov-2006 | 2 | T-W-1 | *** | |
Dec-2006 | 2 | T-W-1 | *** | |
Jan-2007 | 2 | T-W-1 | *** | |
Feb-2007 | 3 | T-W-1 | *** | |
Mar-2007 | 2 | T-W-1 | *** | |
Apr-2007 | 3 | T-W-1 | *** | |
May-2007 | 3 | T-W-1 | *** | |
Jun-2007 | 2 | T-W-1 | *** | |
Jun-2007 | 1 | T-W-1a | *** | 36528 |
Jul-2007 | 2 | T-W-1 | *** | |
Jul-2007 | 1 | T-W-1a | *** | 36610 |
Aug-2007 | 2 | T-W-1 | *** | |
Aug-2007 | 3 | T-W-1a | *** | 36611, 36632 & 36633 |
Sep-2007 | 2 | T-W-1 | *** | |
Sep-2007 | 1 | T-W-1a | *** | 36612 |
Oct-2007 | 3 | T-W-1 | *** | |
Oct-2007 | 1 | T-W-1a | *** | 36613 |
Nov-2007 | 1 | T-W-1 | *** | |
Nov-2007 | 1 | T-W-1a | *** | 36614 |
Dec-2007 | 2 | T-W-1 | *** | |
Dec-2007 | 1 | T-W-1a | *** | 36615 |
Jan-2008 | 1 | T-W-1 | *** | |
Jan-2008 | 2 | T-W-1a | *** | 36616 & 36617 |
Jan-2008 | 1 | T-W-2 | *** | 36887 |
Feb-2008 | 1 | T-W-1 | *** |
SWA – PA1810 | SA-72 |
^APR54184 | 2Q2010 Forecast |
Page 3
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Delivery Date | Number of Aircraft | Aircraft Block | Escalation Estimate Adv Payment Base Price Per A/P | Serial Number |
Feb-2008 | 3 | T-W-1a | *** | 36618, 36619 & 36620 |
Mar-2008 | 1 | T-W-1 | *** | |
Mar-2008 | 2 | T-W-1a | *** | 36621 & 36622 |
Mar-2008 | 1 | T-W-2 | *** | 36888 |
Apr-2008 | 1 | T-W-1 | *** | |
Apr-2008 | 2 | T-W-1a | *** | 36623 & 36624 |
May-2008 | 1 | T-W-1 | *** | |
May-2008 | 2 | T-W-1a | *** | 36625 & 36626 |
Jun-2008 | 1 | T-W-1 | *** | |
Jun-2008 | 2 | T-W-1a | *** | 36627 & 36628 |
Jul-2008 | 2 | T-W-2a | *** | |
Jul-2008 | 2 | T-W-2 | *** | 36889 & 36890 |
Aug-2008 | 1 | T-W-2a | *** | |
Oct-2008 | 1 | T-W-2a | *** | |
Nov-2008 | 1 | T-W-2a | *** | |
Dec-2008 | 1 | T-W-2a | *** | |
Jan-2009 | 1 | T-W-2a | *** | |
Feb-2009 | 2 | T-W-2a | *** | |
Mar-2009 | 2 | T-W-2a | *** | |
Apr-2009 | 2 | T-W-2a | *** | |
Apr-2009 | 1 | T-W-2 | *** | 36900 |
May-2009 | 2 | T-W-2a | *** | |
Jan-2010 | 1 | T-W-2 | *** | 36913 |
Feb-2010 | 1 | T-W-2a | *** | 36659 |
Mar-2010 | 1 | T-W-2a | *** | 36660 |
Mar-2010 | 1 | T-W-2 | *** | 36918 |
May-2010 | 1 | T-W-2a | *** | 36662 |
May-2010 | 1 | T-W-2 | *** | 36924 |
Jun-2010 | 1 | T-W-2a | *** | 36663 |
Jul-2010 | 1 | T-W-2a | *** | 36664 |
Aug-2010 | 1 | T-W-2a | *** | 36665 |
Oct-2010 | 1 | T-W-2b | *** | 36667 |
Dec-2010 | 1 | T-W-2b | *** | 36668 |
Feb-2011 | 1 | T-W-2b | *** | 36669 |
March-11 | 1 | T-W-2b | *** | 36671 |
March-11 | 1 | T-W-2c | *** | 36726 |
April-11 | 1 | T-W-2b | *** | 36672 |
April-11 | 1 | T-W-2c | *** | 33936 |
May-11 | 1 | T-W-2b | *** | 36673 |
May-11 | 1 | T-W-2b | *** | 41528 |
June-11 | 1 | T-W-2b | *** | 36674 |
July-11 | 3 | T-W-2b | *** | 36675, 36963, 36962 |
August-11 | 2 | T-W-2b | *** | 36676, 36965 |
September-11 | 2 | T-W-2b | *** | 36677, 36966 |
Oct-2011 | 1 | T-W-2b | *** | 36967 |
Dec-2011 | 2 | T-W-2b | *** | 36679, TBD |
Mar-2012 | 1 | T-W-3 | *** | 36680 |
Mar-2012 | 1 | T-W-3 | *** | 36980 |
Apr-2012 | 2 | T-W-3 | *** | 36681, 36983 |
May-2012 | 2 | T-W-3 | *** | 36682, 36985 |
Jun-2012 | 2 | T-W-3 | *** | 36683, 36987 |
Jul-2012 | 2 | T-W-3 | *** | 36684, 36990 |
Aug-2012 | 2 | T-W-3 | *** | 36685, 36992 |
Sep-2012 | 2 | T-W-3 | *** | 36686, 36994 |
Oct-2012 | 2 | T-W-3 | *** | 36687, 36997 |
Nov-2012 | 2 | T-W-3 | *** | 37005, 37003 |
SWA – PA1810 | SA-72 |
^APR54184 | 2Q2010 Forecast |
Page 4
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Delivery Date | Number of Aircraft | Aircraft Block | Escalation Estimate Adv Payment Base Price Per A/P | Serial Number |
Dec-2012 | 2 | T-W-3 | *** | 37006, 37009 |
Jan-2013 | 2 | T-W-2b | *** | 36891, 36634 |
Feb-2013 | 1 | T-W-2b | *** | 36635 |
Mar-2013 | 2 | T-W-2b | *** | 36892, 36638 |
Apr-2013 | 1 | T-W-2b | *** | 36893 |
May-2013 | 1 | T-W-2b | *** | 36894 |
Jun-2013 | 2 | T-W-2b | *** | 36895, 36896 |
Jul-2013 | 1 | T-W-2b | *** | 36897 |
Aug-2013 | 2 | T-W-2b | *** | 36898, 36905 |
Sep-2013 | 2 | T-W-2b | *** | 36907, 36911 |
Oct-2013 | 2 | T-W-2b | *** | 36912, 36914 |
Nov-2013 | 1 | T-W-2b | *** | 36915 |
Dec-2013 | 2 | T-W-2b | *** | 36917, 36919 |
Jan-2014 | 2 | T-W-2b | *** | 36920, 36909 |
Feb-2014 | 2 | T-W-2b | *** | 36922, 36910 |
Mar-2014 | 3 | T-W-2b | *** | 36943, 36927, 36925 |
Apr-2014 | 2 | T-W-2b | *** | 36944, 36929 |
May-2014 | 1 | T-W-2b | *** | 36946 |
Jun-2014 | 2 | T-W-2b | *** | 36968, 36949 |
Jul-2014 | 1 | T-W-2b | *** | 36951 |
Aug-2014 | 3 | T-W-2b | *** | 36928, 36952, 37019 |
Sep-2014 | 1 | T-W-2b | *** | 36954 |
Oct-2014 | 2 | T-W-2b | *** | 36957, 37034 |
Nov-2014 | 1 | T-W-2b | *** | 36971 |
Dec-2014 | 1 | T-W-2b | *** | 37037 |
Jan-2015 | 1 | T-W-2b | *** | 36899 |
Feb-2015 | 1 | T-W-2b | *** | 36901 |
Mar-2015 | 2 | T-W-2b | *** | 36902, 36936 |
Apr-2015 | 2 | T-W-2b | *** | 36649, 36652 |
May-2015 | 1 | T-W-2b | *** | 36903 |
Jun-2015 | 2 | T-W-2b | *** | 36906, 36654 |
Jul-2015 | 1 | T-W-2b | *** | 36655 |
Aug-2015 | 1 | T-W-2b | *** | 36656 |
Sep-2015 | 1 | T-W-2b | *** | 36657 |
Oct-2015 | 1 | T-W-2b | *** | 36937 |
Dec-2015 | 1 | T-W-2b | *** | 36941 |
Jan-2016 | 1 | T-W-2b | *** | 36650 |
Feb-2016 | 2 | T-W-2b | *** | 36904, 36932 |
Mar-2016 | 1 | T-W-2b | *** | 36651 |
Apr-2016 | 2 | T-W-2b | *** | 36653, 36938 |
May-2016 | 2 | T-W-2b | *** | 36658, 36939 |
Jun-2016 | 1 | T-W-2b | *** | 36916 |
Jul-2016 | 2 | T-W-2b | *** | 36921, 36945 |
Aug-2016 | 1 | T-W-2b | *** | 36678^ |
Aug-2016 | 1 | T-W-2b | *** | 36661 |
Sep-2016 | 1 | T-W-2b | *** | 36977^ |
Sep-2016 | 1 | T-W-2b | *** | 36923 |
Oct-2016 | 1 | T-W-2b | *** | 36666 |
Nov-2016 | 1 | T-W-2b | *** | 36670 |
SWA – PA1810 | SA-72 |
^APR54184 | 2Q2010 Forecast |
Page 5
The Boeing Company
P.O. Box 3707
Seattle, WA 98124-2207
SWA-PA-1810-LA-02710R1
Southwest Airlines, Co.
P.O. Box 36611 – Love Field
Dallas, Texas 75235
Subject: | *** |
Reference: | a) Purchase Agreement No. PA-1810 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Buyer) relating to Model 737-700 aircraft (Aircraft) |
b) Boeing Letter Agreement SWA-PA-1810-LA-1001315 entitled ***, dated July 2, 2010, between Boeing and Buyer
c) Boeing Letter Agreement 6-1162-JMG-669R8 entitled ***, dated July 17, 2007, between Boeing and Buyer
This Letter Agreement amends Purchase Agreement between Boeing and Buyer relating to the Aircraft. All terms used and not defined herein will have the same meaning as in the Agreement.
The terms and conditions contained in the referenced b) letter agreement and in the *** referred to in paragraph 3 of the referenced c) letter agreement do not apply to the 2011 Incremental Aircraft identified herein.
1. | 2011 Incremental Aircraft |
Buyer wishes to purchase and incorporate the following two (2) aircraft (2011 Incremental Aircraft #1) into its Purchase Agreement:
MSN | Delivery Month |
36726 | March 2011 |
33936 | April 2011 |
and;
Buyer wishes to purchase and incorporate the following aircraft (2011 Incremental Aircraft #2) into the Purchase Agreement (together with the 2011 Incremental Aircraft #1, the 2011 Incremental Aircraft):
MSN | Delivery Month |
41528 | May 2011 |
TBD | December 2011 |
2. | Price and Advance Payment Base Price for the 2011 Incremental Aircraft. |
2.1 Aircraft Basic Price for the 2011 Incremental Aircraft #1. ***
SWA-PA-1810-LA-02710R1 | Page 1 |
Additional 2010 Special Matters | SA72 |
* The 2011 Incremental Aircraft #1 have been configured using the 737-700 Standard Selections Publication D924A110-1. The Detail Specification is comprised of Boeing configuration specification D019A001, revision M, as identified in Exhibit A-1A. Buyer understands and agrees that due to production lead times, any additional configuration changes are limited to pin selects, paper changes (i.e. weight and thrust) and livery changes for the 2011 Incremental Aircraft #1.
The Aircraft Basic Price for the 2011 Incremental Aircraft #2, expressed in July 1999 dollars, is as described in Table 1.
2.2 Economic Price Adjustments. The Economic Price Adjustments for the Aircraft Basic Price will be made pursuant to the formulas set forth in Exhibit D-1 of the Purchase Agreement.
2.3 Advance Payments. ***
2.4 Aircraft Configuration. The 2011 Incremental Aircraft #1 are as described in Exhibit A-1A.
The 2011 Incremental Aircraft #2 will retain the current 737-700 Configuration Specification identified as Exhibit A-4 under the Purchase Agreement.
2.5 Buyer Furnished Equipment. Buyer will be responsible for coordinating Buyer Furnished Equipment (BFE) procurement and fulfilling any existing BFE commitments relating to the 2011 Incremental Aircraft #1 and further agrees to indemnify Boeing for BFE related matters consistent with the terms and conditions of Exhibit E of the Purchase Agreement.
3. | Additional Rescheduled Aircraft |
3.1 Buyer agrees to re-contract the Delivery Dates of the following Block T-W-2b Firm Aircraft (2012 Re-contracted Firm Aircraft):
MSN | Previous Delivery Month | Re-contracted Delivery Month |
36679 | February 2012 | December 2011 |
36678 | January 2012 | August 2016 |
36977 | February 2012 | September 2016 |
The 2012 Re-contracted Firm Aircraft are subject to the terms and conditions contained in the referenced a), b) and c) letter agreements.
***
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3.2 ***
4. | Assignment. |
***
5. | Confidential Treatment |
Buyer understands that certain commercial and financial information contained in this Letter Agreement is considered by Boeing as confidential. Buyer agrees that it will treat this Letter Agreement and the information contained herein as confidential and will not, without the prior written consent of Boeing, disclose this Letter Agreement or any information contained herein to any other person or entity, except as may be required by applicable law or government regulators.
Very truly yours,
THE BOEING COMPANY | ||
By | /s/ Isabelle Session | |
Its | Attorney-In-Fact | |
ACCEPTED AND AGREED TO this | ||
Date: | February 7, 2011 | |
SOUTHWEST AIRLINES, CO. | ||
By | /s/ Scott Topping | |
Its | VP Treasurer |
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