Exhibit 10.36

 

Confidential Treatment

Requested Pursuant to Rule 24b-2

 

Supplemental Agreement No. 7

 

to

 

Purchase Agreement No. 03791

 

between

 

THE BOEING COMPANY

 

and

 

AIR LEASE CORPORATION

 

THIS SUPPLEMENTAL AGREEMENT is entered into as of October 8, 2016 (Supplemental
Agreement No. 7) by and between THE BOEING COMPANY (Boeing) and AIR LEASE
CORPORATION (Customer).

 

All terms used but not defined in this Supplemental Agreement No. 7 have the
same meaning as in the Purchase Agreement.

 

WHEREAS, Boeing and Customer have entered into Purchase Agreement No. 03791
dated as of July 3, 2012 as amended and supplemented (Purchase Agreement)
relating to the purchase and sale of Model 737-8 and 737-9 Aircraft;

 

WHEREAS, Boeing and Customer desire to amend the Purchase Agreement to [*] and
continue to identify [*] as the lessee for this [*].

 

NOW THEREFORE, in consideration of the mutual covenants herein contained, the
parties agree to amend the Purchase Agreement as follows:

 

1.     Table of Contents.

 

The Table of Contents is deleted in its entirety, replaced by a new Table of
Contents provided hereto as Enclosure 1 and incorporated into the Purchase
Agreement by this reference.  The new Table of Contents reflects the revisions
set forth in this Supplemental Agreement No. 7.

 

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*    Confidential material omitted and filed separately with the Securities and
Exchange Commission pursuant to a request for confidential treatment.

 

1

 

BOEING PROPRIETARY

 

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2.     TABLES.

 

Table 1D is deleted in its entirety, replaced by a revised Table 1D provided
hereto as Enclosure 2 and incorporated into the Purchase Agreement by this
reference.

 

The Purchase Agreement will be deemed to be amended to the extent herein
provided and as so amended will continue in full force and effect.

 

EXECUTED IN DUPLICATE as of the day and year first above written.

 

THE BOEING COMPANY

    

AIR LEASE CORPORATION

 

 

 

 

 

By:

/s/ James E. Carpenter

 

By:

/s/ Grant Levy

Its:

Attorney‑In‑Fact

 

Its:

Executive Vice President

 

 

Attachments

 

 

2

 

BOEING PROPRIETARY

 

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Enclosure 1

 

TABLE OF CONTENTS

 

ARTICLES

SA No.

Article 1.

Quantity, Model and Description

SA-4

Article 2.

Delivery Schedule

 

Article 3.

Price

 

Article 4.

Payment

 

Article 5.

Additional Terms

 

 

 

 

TABLE

 

1A

737-8 Block A Aircraft Information Table [*]

SA-6

1B

737-9 Block B Aircraft Information Table [*]

SA-4

1C

737-8 Block C Aircraft Information Table [*]

SA-5

1D

737-8 Block D Aircraft Information Table [*]

SA-7

 

 

 

EXHIBIT

 

A1

737-8 Aircraft Configuration

 

A2

737-9 Aircraft Configuration

 

B

Aircraft Delivery Requirements and Responsibilities

 

 

 

 

SUPPLEMENTAL EXHIBITS

 

AE1

Escalation Adjustment - Airframe and Optional Features

 

BFE1

BFE Variables

 

CS1

Customer Support Variables

 

EE1

[*], Engine Warranty and Patent Indemnity

 

SLP1

Service Life Policy Components

 

 

 

 

LETTER AGREEMENTS

 

LA-1208077

AGTA Matters

 

LA-1208078R3

Advance Payment Matters

SA-5

LA-1208079

[*] Attachment A

SA-4

LA-1208080

Assignment of Customer’s Interest to a Subsidiary or Affiliate

 

LA-1208081

Other Matters

 

LA-1208082

Demonstration Flight Waiver

 

LA-1208083R2

[*]

SA-5

LA-1208084

Leasing Matters

 

LA-1208085

Liquidated Damages for Non-Excusable Delay

 

LA-1208086

Loading of Customer Software

 

LA-1208087R1

Open Matters for 737-8 and 737-9 Aircraft

SA-4

LA-1208088

Performance Matters

 

LA-1208089R1

[*]

SA-4

LA-1208090R3

Special Matters

SA-6

LA-1208091

AGTA Term Revisions for 737-8 and 737-9 Aircraft

 

LA-1208092

[*]

 

LA-1208958

[*]

 

LA-1208963

[*]

SA-4

LA-1209052

[*]

 

LA-1300032

[*]

SA-4

LA-1400773

[*]

SA-4

LA-1401489

[*]

SA-4

 

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*    Confidential material omitted and filed separately with the Securities and
Exchange Commission pursuant to a request for confidential treatment.

 

 

i

 

BOEING PROPRIETARY

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Enclosure 2

Table 1D

to Purchase Agreement No. PA-03791

737-8 Block D [*] Aircraft Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:

737-8

181200 pounds

Detail Specification:

D019A008-L (10/5/2015)

Engine Model/Thrust:

CFMLEAP-1B25

25000 pounds

Airframe Price Base Year/Escalation Formula:

[*]

[*]

Airframe Price:

 

[*]

Engine Price Base Year/Escalation Formula:

[*]

[*]

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:

 

[*]

 

 

 

 

 

 

 

 

 

Refundable Deposit/Aircraft at Proposal Accept:

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufacturer

Escalation

 

 

Escalation Estimate

Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

Delivery

Number of

Serial

Factor

 

P.A.

Adv Payment Base

[*]

[*]

[*]

[*]

Date

Aircraft

No.

(Airframe)

Lessee

Exhibit A

Price Per A/P

[*]

[*]

[*]

[*]

[*]-2017

1

[*]

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

[*]

 

[*]

[*]

[*]

[*]

[*]

[*]

 

 

[*]

 

 

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

 

 

[*]

[*]

[*]

[*]

[*]

[*]

 

 

[*]

 

 

[*]

[*]

[*]

[*]

[*]

[*]

 

 

[*]

 

 

[*]

[*]

[*]

[*]

[*]

[*]

1

[*]

[*]

 

 

[*]

[*]

[*]

[*]

[*]

[*]-2021

 

 

[*]

 

 

[*]

[*]

[*]

[*]

[*]

Total:

6

 

 

 

 

 

 

 

 

 

 

[*]

 

Manufacturer serial number is subject to change due to production changes.

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*     Confidential material omitted and filed separately with the Securities and
Exchange Commission pursuant to a request for confidential treatment.

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BOEING PROPRIETARY

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