Exhibit 10.13

FedEx contract 07-0255-034

Supplemental Agreement No. 26

to

Purchase Agreement No. 3157

between

The Boeing Company

And

Federal Express Corporation

Relating to Boeing Model 777-FREIGHTER Aircraft

THIS SUPPLEMENTAL AGREEMENT No. 26 (SA-26), entered into as of the 10th day of
February 2017, 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 two (2) Block C
Aircraft as shown in the table below (SA-26 Accelerated Block C Aircraft):

 

Aircraft Block

  

Existing Delivery

Month of

Aircraft

  

Revised Delivery

Month of

Aircraft

C    [*]    [*] C    [*]    [*]

C. WHEREAS, Customer desires to reschedule the delivery month of four (4) Option
Aircraft under Letter Agreement 6-1162-RRO-1062, Option Aircraft, to the
Purchase Agreement as shown in the table below:

 

Existing Delivery

Months of Option

Aircraft

  

Revised Delivery

Months of Option

Aircraft

[*]    [*] [*]    [*] [*]    [*] [*]    [*]

 

* 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.

 

P.A. No. 3157    1    SA-26          BOEING PROPRIETARY   

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D. WHEREAS, Boeing and Customer desire to acknowledge that one (1) Block B [*]
Aircraft having a scheduled month of delivery of [*] in accordance with the
terms of Letter Agreement 6-1162-RRO-1068, Special Provision – Block B Aircraft,
due to the [*] provision therein as it relates to such Block B Aircraft.

E. WHEREAS, Boeing has agreed to provide additional commercial and business
considerations for the SA-26 Accelerated Block C Aircraft.

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. 26.

 

2. Boeing and Customer agree that upon execution of this Supplemental Agreement
No. 26 (i) the SA-26 Accelerated Block C Aircraft are hereby rescheduled as
described in Recital Paragraph B above and (ii) the four (4) Option Aircraft
described in Recital Paragraph C above are hereby rescheduled as described
herein.

 

3. Remove and replace, in its entirety, “Table 1-A”, with the revised Table 1-A,
attached hereto, revised to reflect the addition of one (1) Block B Aircraft
having a scheduled month of delivery [*] as a firm Block B Aircraft.

 

4. Remove and replace, in its entirety, “Table 1-B”, with the revised Table 1-B,
attached hereto, revised to reflect the removal of one (1) Block B conditional
firm Aircraft having a scheduled month of delivery [*].

 

5. Remove and replace, in its entirety, “Table 1-C2”, with the revised Table
1-C2, attached hereto, revised to reflect (i) the revised delivery month and
[*], Advance Payment Base Price and Advance Payment(s), subject to Paragraph 5,
below, resulting from the reschedule of the SA-26 Accelerated Block C Aircraft.

 

* 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.

 

P.A. No. 3157    2    SA-26          BOEING PROPRIETARY   

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6. Remove and replace, in its entirety, the Attachment to Letter Agreement
6-1162-RRO-1062, Option Aircraft, with a revised Attachment, attached hereto, to
reflect the rescheduling of four (4) Option Aircraft described in Recital
Paragraph C above. Boeing and Customer acknowledge and agree that the
rescheduling of Option Aircraft herein is not made pursuant to paragraph [*],
and accordingly, for the avoidance of doubt [*]. Boeing and Customer further
agree that, (i) notwithstanding the reschedule, the Option Aircraft described in
Recital Paragraph C will retain the [*].

 

7. Add Letter Agreement 6-1162-LKJ-0737, Special Matters – SA-26 Accelerated
Block C Aircraft, attached hereto, to reflect additional commercial and business
considerations to be provided for the SA-26 Accelerated Block C Aircraft. For
the avoidance of doubt, the SA-26 Accelerated Block C Aircraft also retain the
commercial and business considerations applicable to Block C Aircraft.

 

8. This Supplemental Agreement No. 26 to the Purchase Agreement shall not be
effective unless executed and delivered by the parties on or prior to
February 10, 2017.

 

* 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.

 

P.A. No. 3157    3    SA-26          BOEING PROPRIETARY   

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EXECUTED as of the day and year first above written.

 

THE BOEING COMPANY     FEDERAL EXPRESS CORPORATION By:  

/s/ L. Kirsten Jensen

    By:  

/s/ Phillip C. Blum

Its:  

Attorney-In-Fact

    Its:  

VP Aircraft Acquisitions & Planning and Performance

 

P.A. No. 3157    4    SA-26          BOEING PROPRIETARY   

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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      15     1A   Block B Firm Aircraft
Information Table      26     1B   Block B Conditional Firm Aircraft Information
Table      26     1C   Block C Aircraft Information Table      13     1C1  
Block C Aircraft Information Table (MSN 39285)      11     1C2   Block C
Aircraft Information Table      26     1D   Block D Aircraft Information Table
     20  

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  
  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    5    SA-26          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-1798 R1

  777 Boeing Converted Freighter    4

6-1162-RCN-1799R1

  [*]    24

6-1162-RRO-1062

 

Option Aircraft

Attachment to Letter 6-1162-RRO-1062

   26

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-1067

  Special Matters for Option Aircraft detailed in Letter Agreement
6-1162-RRO-1062    4

6-1162-RRO-1068

  Special Provision – Block B Aircraft    4

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

  [*] Matters    23

 

* 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.

 

P.A. No. 3157    6    SA-26          BOEING PROPRIETARY   

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LETTER AGREEMENT

      

SA
NUMBER

6-1162-LKJ-0726

  [*] SA-24 Accelerated Block B Aircraft    24

6-1162-LKJ-0737

  Special Matters – SA-26 Accelerated Block C Aircraft    26

 

* 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.

 

P.A. No. 3157    7    SA-26          BOEING PROPRIETARY   

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     SA          

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 Supplemental Agreement No. 26   
February 10, 2017

 

P.A. No. 3157    8    SA-26          BOEING PROPRIETARY   

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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  

Engine Model/Thrust:

   GE90-110B1L      110000 pounds  

Airframe Price:

     [*]  

Optional Features:

     [*]        

 

 

 

Sub-Total of Airframe and Features:

     [*]  

Engine Price (Per Aircraft):

     [*]  

Aircraft Basic Price (Excluding BFE/SPE):

     [*]        

 

 

 

Buyer Furnished Equipment (BFE) Estimate:

     [*]  

Seller Purchased Equipment (SPE) Estimate:

     [*]  

Non-Refundable Deposit/Aircraft at Def Agreement:

     [*]  

Detail Specification: D019W007FED7F-1, Rev G dated July 25, 2012

Airframe Price Base Year/Escalation Formula:

    [*]       ECI-MFG/CPI

Engine Price Base Year/Escalation Formula:

    N/A       N/A

Airframe Escalation Data:

     

Base Year Index (ECI):

    [*]  

Base Year Index (CPI):

    [*]  

 

 

        Escalation         Escalation Estimate  
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): Delivery  
Number of   Factor         Adv Payment Base   At Signing   24 Mos.  
21/18/15/12/9/6 Mos.   Total Date   Aircraft   (Airframe)     MSN   Price Per
A/P   1%   4%   5%   35% [*]   1     [*]     [*]   [*]   [*]   [*]   [*]   [*]
[*]   1     [*]     [*]   [*]   [*]   [*]   [*]   [*] [*]   1     [*]     [*]  
[*]   [*]   [*]   [*]   [*] [*]   1     [*]     [*]   [*]   [*]   [*]   [*]  
[*] [*]   1     [*]     [*]   [*]   [*]   [*]   [*]   [*] Total:   5    

1    SA-24 Accelerated Block B Aircraft. [*] for the SA-24 Accelerated Block B
Aircraft are subject to Letter Agreement 6-1162-LKJ-0726.

 

NOTES: [*]

 

* 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.

 

APR No. 62654, 79650    BOEING PROPRIETARY    Supplemental Agreement No. 26

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Table 1-B to Purchase Agreement No. 3157

Aircraft Delivery, Description, Price and Advance Payments

Block B Conditional Firm

 

Airframe Model/MTOW:

   777-Freighter      766000 pounds  

Engine Model/Thrust:

   GE90-110B1L      110000 pounds  

Airframe Price:

     [*]  

Optional Features:

     [*]        

 

 

 

Sub-Total of Airframe and Features:

     [*]  

Engine Price (Per Aircraft):

     [*]  

Aircraft Basic Price (Excluding BFE/SPE):

     [*]        

 

 

 

Buyer Furnished Equipment (BFE) Estimate:

     [*]  

Seller Purchased Equipment (SPE) Estimate:

     [*]  

Non-Refundable Deposit/Aircraft at Def Agreemt:

     [*]  

Detail Specification: D019W007FED7F-1, Rev E dated August 29, 2011

Airframe Price Base Year/Escalation Formula:

     [*]         ECI-MFG/CPI

Engine Price Base Year/Escalation Formula:

     N/A         N/A

Airframe Escalation Data:

        

Base Year Index (ECI):

     [*]        

Base Year Index (CPI):

     [*]        

 

 

        Escalation       Escalation Estimate  
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): Delivery  
Number of   Factor       Adv Payment Base   At Signing   24 Mos.  
21/18/15/12/9/6 Mos.   Total Date   Aircraft   (Airframe)   MSN   Price Per A/P
  1%   4%   5%   35% [*]   1   [*]   [*]   [*]   [*]   [*]   [*]   [*] [*]   1  
[*]   [*]   [*]   [*]   [*]   [*]   [*] [*]   1   [*]   [*]   [*]   [*]   [*]  
[*]   [*] [*]   1   [*]   [*]   [*]   [*]   [*]   [*]   [*] [*]   1   [*]   [*]
  [*]   [*]   [*]   [*]   [*] [*]   1   [*]   [*]   [*]   [*]   [*]   [*]   [*]
Total:   6              

 

* 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.

 

APR 50270       Supplemental Agreement #26    Boeing Proprietary    Page 1

--------------------------------------------------------------------------------

Table 1-C2 To

Purchase Agreement No. PA-3157

Aircraft Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:

   777-Freighter      766000 pounds  

Engine Model/Thrust:

   GE90-110B1L      110100 pounds  

Airframe Price:

     [*]  

Optional Features:

     [*]        

 

 

 

Sub-Total of Airframe and Features:

     [*]  

Engine Price (Per Aircraft):

     [*]  

Aircraft Basic Price (Excluding BFE/SPE):

     [*]        

 

 

 

Buyer Furnished Equipment (BFE) Estimate:

     [*]  

Seller Purchased Equipment (SPE) Estimate:

     [*]  

Deposit per Aircraft

     [*]  

Detail Specification: D019W007FED7F-1, Rev E dated August 29, 2011

Airframe Price Base Year/Escalation Formula:

    [*]       ECI-MFG/CPI

Engine Price Base Year/Escalation Formula:

    N/A       N/A

Airframe Escalation Data:

     

Base Year Index (ECI):

    [*]      

Base Year Index (CPI):

    [*]            

 

 

        Escalation           Escalation Estimate  
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery): Delivery  
Number of   Factor           Adv Payment Base   At Signing   24 Mos.  
21/18/15/12/9/6 Mos.   Total Date   Aircraft   (Airframe)   MSN       Price Per
A/P   1%   4%   5%   35% [*]   1   [*]   [*]     [*]   [*]   [*]   [*]   [*] [*]
  1   [*]   [*]     [*]   [*]   [*]   [*]   [*] [*]   2   [*]   [*]  
SA-26 Accelerated
Block C Aircraft   [*]   [*]   [*]   [*]   [*] Total:   4                

 

Notes:   1) [*]   2) [*] for the SA-26 Accelerated Block C Aircraft are subject
to Letter Agreement 6-1162-LKJ-0737, Special Matters - SA 26 Accelerated Block C
Aircraft

 

* 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.

 

FED       Supplemental Agreement No. 26    BOEING PROPRIETARY    Page 1

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Attachment to

Letter 6-1162-RRO-1062

Option Aircraft Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:

   777-Freighter      766000 pounds  

Engine Model/Thrust:

   GE90-110B1L      110100 pounds  

Airframe Price:

     [*]  

Optional Features:

     [*]        

 

 

 

Sub-Total of Airframe and Features:

     [*]  

Engine Price (Per Aircraft):

     [*]  

Aircraft Basic Price (Excluding BFE/SPE):

     [*]        

 

 

 

Buyer Furnished Equipment (BFE) Estimate:

     [*]  

Seller Purchased Equipment (SPE) Estimate:

     [*]  

Deposit/Aircraft at Def Agreemt:

     [*]  

Detail Specification: D019W007FED7F-1 Rev E dated August 29, 2011

Airframe Price Base Year/Escalation Formula:

    [*]       ECI-MFG/CPI

Engine Price Base Year/Escalation Formula:

    N/A       N/A

Airframe Escalation Data:

     

Base Year Index (ECI):

    [*]      

Base Year Index (CPI):

    [*]      

Forecast:                     2Q08

     

 

 

                Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
Delivery   Number of   Escalation
Factor   Escalation Estimate
Adv Payment Base   Balance At Option
Exercise   24 Mos.   21/18/15/12/9/6 Mos.   Total Date   Aircraft   (Airframe)1
  Price Per A/P   1%   4%   5%   35% [*]   [*]   [*]   [*]   [*]   [*]   [*]  
[*] [*]   [*]   [*]   [*]   [*]   [*]   [*]   [*] [*]   [*]   [*]   [*]   [*]  
[*]   [*]   [*] [*]   [*]   [*]   [*]   [*]   [*]   [*]   [*] [*]   [*]   [*]  
[*]   [*]   [*]   [*]   [*] [*]   [*]   [*]   [*]   [*]   [*]   [*]   [*] [*]  
[*]   [*]   [*]   [*]   [*]   [*]   [*] [*]   [*]   [*]   [*]   [*]   [*]   [*]
  [*] Total:   11            

 

1  The Escalation Factor for the Option Aircraft will be adjusted to Boeing’s
then current forecasts for such elements as of the date of the amendment to the
definitive agreement to add the exercised Option Aircraft as an Aircraft.

 

* 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.

 

FED       Supplemental Agreement No. 26 50271, 97697.TXT    BOEING PROPRIETARY
   Page 1

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LOGO [g502011ex10_13pg002.jpg]  

The Boeing Company

P.O. Box 3707

Seattle, WA 98124-2207

 

 

FedEx contract # 07-0255-034

6-1162-LKJ-0737

Federal Express Corporation

3131 Democrat Road

Memphis, TN 38125

 

Subject:   Special Matters – SA-26 Accelerated Block C Aircraft Reference:   (a)
Purchase Agreement No. 3157 (Purchase Agreement) between The Boeing Company
(Boeing) and Federal Express Corporation (Customer) relating to
Model 777-FREIGHTER aircraft (Aircraft)   (b) Letter Agreement
FED-PA-LA-1000790R3, Special Matters for Block C Aircraft

This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have
the same meaning as in the Purchase Agreement. The terms of this Letter
Agreement apply to the SA-26 Accelerated Block C Aircraft as defined in
Supplemental Agreement No. 26 to the Purchase Agreement (SA-26).

1. In consideration of the acceleration of the SA-26 Accelerated Block C
Aircraft, Boeing will provide, in addition to the provisions of the reference
(b) letter agreement, the following business considerations.

1.1 [*]

[*]

1.2 [*] ADVANCE PAYMENTS.

1.2.1 As a consequence of the acceleration of the SA-26 Accelerated Block C
Aircraft, Customer will owe certain advance payments for the SA-26 Accelerated
Block C Aircraft before [*] in accordance with the advance payment schedule
provided in Table 1-C2 of the Purchase Agreement (Standard Advance Payment
Schedule).

[*]

1.2.2 [*]

1.3 [*]

[*]

 

* 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.

 

6-1162-LKJ-0737    Page 1 Special Matters – SA-26 Accelerated Block C Aircraft
  

SA-26

BOEING PROPRIETARY

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LOGO [g502011ex10_13pg002.jpg]

 

1.4 BUYER FURNISHED EQUIPMENT MATTERS.

The attachment to this letter agreement provides initial BFE on-dock dates for
the SA-26 Accelerated Block C Aircraft. Subsequent updates to BFE on-doc dates
will be electronically provided through My Boeing Fleet but such updated dates
will be no earlier than the dates provided in the attachment to this Letter
Agreement.

[*]

 

2. ADVANCE PAYMENT SETOFF RIGHTS.

Customer agrees that if it defaults on any monetary obligation under the
Purchase Agreement and has failed to cure such default within five (5) calendar
days of receiving written notice from Boeing, then Boeing may apply any/all
advance payments paid by Customer to cure, in part or in whole, any default made
with respect to any Aircraft or other obligation in the Purchase Agreement. In
the event that Boeing exercises such setoff rights and applies any advance
payments to cure any such default by Customer with respect to an Aircraft or
other obligation in the Purchase Agreement, Boeing will be entitled to require
Customer to replace within ten days of written notice, the amount of advance
payments applied to cure such default such that the total amount of advance
payments will be restored to the aggregate amount of advance payments owed at
that time by Customer.

 

3. ASSIGNMENT.

The [*] and other business arrangements set forth in this Letter Agreement are
[*] to Customer and in consideration of Customer taking title to the SA-26
Accelerated Block C Aircraft at the time of delivery and cannot be assigned, in
whole or in part, without the prior written consent of Boeing.

 

4. CONFIDENTIAL TREATMENT.

Customer and Boeing consider certain commercial and financial information
contained in this Letter Agreement as confidential. Each of Customer and Boeing
agree that it will treat this Letter Agreement and the information contained
herein as confidential. Customer agrees to limit the disclosure of the contents
of this Letter Agreement to employees of Customer with a need to know and who
understand that they are not to disclose its content to any other person or
entity without the prior written consent of Boeing. Notwithstanding the
forgoing, Customer may disclose this Letter Agreement and the terms and
conditions herein to its parent company, FedEx Corporation, to the Board of
Directors of its parent corporation, FedEx Corporation, to its professional
advisors under a duty of confidentiality with respect hereto, and as required by
law.

 

* 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.

 

6-1162-LKJ-0737    Page 2 Special Matters – SA-26 Accelerated Block C Aircraft
  

SA-26

BOEING PROPRIETARY

--------------------------------------------------------------------------------

LOGO [g502011ex10_13pg002.jpg]

 

Very truly yours, THE BOEING COMPANY By  

/s/ L. Kirsten Jensen

Its  

Attorney-In-Fact

ACCEPTED AND AGREED TO this Date:  

February 10, 2017

FEDERAL EXPRESS CORPORATION By  

/s/ Phillip C. Blum

Its  

VP Aircraft Acquisitions & Planning and Performance

 

6-1162-LKJ-0737    Page 3 Special Matters – SA-26 Accelerated Block C Aircraft
  

SA-26

BOEING PROPRIETARY

--------------------------------------------------------------------------------

Attachment to

Letter Agreement 6-1162-LKJ-0737

[*]

 

* 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.