Exhibit 10.1

 

CONFIDENTIAL TREATMENT

REQUESTED PURSUANT TO RULE 24b-2

 

AMENDMENT NO. 1 TO PURCHASE AGREEMENT DCT-014/2004

 

This Amendment No. 1 to Purchase Agreement DCT-014/2004, dated as of April 28,
2004 (“Amendment No. 1”) relates to the Purchase Agreement DCT-014/2004 (the
“Purchase Agreement”) between Embraer – Empresa Brasileira de Aeronáutica S.A.
(“Embraer”) and Republic Airline, Inc. (“Buyer”) dated March 19, 2004 as amended
from time to time (collectively referred to herein as “Agreement”).  This
Amendment No. 1 is between Embraer and Buyer, collectively referred to herein as
the “Parties”.

 

This Amendment No. 1 sets forth additional agreements between Embraer and Buyer
relative to changes in the delivery schedule and configuration of the Firm
Aircraft.

 

Except as otherwise provided for herein all terms of the Purchase Agreement
shall remain in full force and effect.  All capitalized terms used in this
Amendment No. 1, which are not defined herein shall have the meaning given in
the Purchase Agreement.  In the event of any conflict between this Amendment No.
1 and the Purchase Agreement the terms, conditions and provisions of this
Amendment No. 1 shall control.

 

WHEREAS, in connection with the Parties’ agreements with respect to the aircraft
configuration, price and delivery schedule changes, the Parties have now agreed
to amend the Purchase Agreement as provided for below:

 

NOW, THEREFORE, for good and valuable consideration which is hereby acknowledged
Embraer and Buyer hereby agree as follows:

 

CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT UNDER RULE 24b-2 OF THE SECURITIES ACT OF 1933.  THE
OMITTED MATERIALS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
COMMISSION.

 

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1.     Delivery Schedule:  The table containing the delivery schedule for the
Firm Aircraft designated as Firm Aircraft 1 through 13 in Article 5.1 of the
Purchase Agreement shall be deleted in its entirety and replaced with the
following:

 

FIRM
A/C

 

DELIVERY
MONTH

 

FIRM
A/C

 

DELIVERY MONTH

 

FIRM
A/C

 

DELIVERY
MONTH

 

FIRM
A/C

 

DELIVERY
MONTH

 

1

 

Jun 2004

 

5

 

[*]

 

8

 

[*]

 

11

 

[*]

 

2

 

[*]

 

6

 

[*]

 

9

 

[*]

 

12

 

[*]

 

3

 

[*]

 

7

 

[*]

 

10

 

[*]

 

13

 

Feb 2005

 

4

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.              Configuration change to be applied to the Firm Aircraft #2 and
all subsequent aircraft:

 

A.            Handicapped lavatory with soft partition

 

Aircraft # 2 and all subsequent aircraft shall be configured with the
handicapped lavatory with soft partition.  As a result of this modification,
each Aircraft Basic Price shall be increased by [*] economic conditions, and the
weight increase, once defined, shall be adjusted in any related [*] provided in
the Purchase Agreement.

 

Since the handicap lavatory with soft partition option has been selected as part
of the standard Republic Airline – [*] build specification, the Parties agree
that the work scope of the retro-fit for the first Republic Airline aircraft (SN
17000007) will be [*] the installation of the handicap lavatory with soft
partition option.”

 

3.     Price:

 

Article 3.1 shall be deleted and replaced with the following:

 

Buyer agrees to pay Embraer, subject to the terms and conditions of this
Agreement, in United States dollars, the following per unit Basic Prices:

 

Aircraft

 

Aircraft Basic Price

 

Economic Condition

EMBRAER 170 Aircraft # 1 and on

 

[*]

 

[*]

 

4.              Miscellaneous:  All other provisions of the Agreement which have
not been specifically amended or modified by this Amendment No. 1 shall remain
valid in full force and effect without any change.

 

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* Confidential

 

2

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IN WITNESS WHEREOF, EMBRAER and BUYER, by their duly authorized officers, have
entered into and executed this Amendment No. 1 to Purchase Agreement to be
effective as of the date first written above.

 

EMBRAER – Empresa Brasileira de
Aeronáutica S.A.

Republic Airline, Inc.

 

 

 

 

By

/s/ Frederico Fleury Curado

 

By

/s/ Bryan K. Bedford

 

 

Name:  Frederico Fleury Curado

 

Name:  Bryan K. Bedford

 

Title:  Executive Vice President
Civil Aircraft

 

Title:  CEO Republic Airline Inc.

 

 

 

 

By

/s/ Flavio Rimoli

 

Date:  April 30, 2004

 

Name:  Flavio Rimoli

 

 

Title:  Sr. Vice President
Airline Market

Place:  Indianapolis, IN

 

 

 

 

 

Date:  May 3rd, 2004

 

 

 

Place:  Sao Jose dos Campos, SP

 

 

 

 

 

Witness:

/s/ Juliette O. Zambelli

 

Witness:

/s/ Thomas M. Hanley

 

 

 

 

 

 

 

Name:

Juliette O. Zambelli

 

Name:

Thomas M. Hanley

 

 

3

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