Company: SPR
Filing Date: 2025-01-23
Form Type: 8-K
Source: 0001104659-25-005673
Chunk: 0

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-01-23
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01 Entry into a Material Definitive
Agreement.

On January 22, 2025, Spirit AeroSystems, Inc.
(“ Spirit”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (the “ Company”), and The Boeing
Company (“ Boeing”) entered into Amendment 2 to Memorandum of Agreement (the “ April 2024 MOA Amendment”)
amending the parties’ April 18, 2024 Memorandum of Agreement, as previously amended (the “ April 2024 MOA”),
by, among other things (1) replacing Article 5 “ Repayment” of the April 2024 MOA and providing for Spirit to
repay to Boeing the $425.0 million of outstanding advances under the April 2024 MOA, as amended (the “ Amended April 2024
MOA”), as follows: $75,000,000 on April 1, 2026; $75,000,000 on May 1, 2026; $75,000,000 on June 1, 2026; $75,000,000
on July 1, 2026; $75,000,000 on August 1, 2026; and $50,000,000 on September 1, 2026 (each of which dates would be a Repayment
Date as defined in the Amended April 2024 MOA); and (2) providing that, in the event that the Agreement and Plan of Merger,
dated June 30, 2024 (the “ Merger Agreement”), among the Company, Boeing and Sphere Acquisition Corp. is terminated in
accordance with the terms of the Merger Agreement, the then outstanding advances under the Amended April 2024 MOA will become due
and payable in full on April 1, 2026.

On January 22, 2025, Spirit and Boeing entered
into Amendment 2 to the 737 Production Rate Advance Memorandum of Agreement dated April 28, 2023 (the “ April 2023 MOA
Amendment”). The April 2023 MOA Amendment amended the parties’ Memorandum of Agreement dated April 28, 2023, as
previously amended (the “ April 2023 MOA”), by, among other things (1) replacing Section 4 “ Advance”
of the April 2023 MOA and providing for Spirit to repay to Boeing the