EXHIBIT 10.79

 

Confidential Treatment

Requested Pursuant to Rule 24b-2

 

 

 

 

 

AMENDMENT N°3

 

 

TO THE

 

 

 

A330-900neo PURCHASE AGREEMENT

 

 

 

BETWEEN

 

 

 

 

AIRBUS S.A.S.

 

as Seller

 

 

 

 

and

 

 

 

 

AIR LEASE CORPORATION

 

As Buyer

 

 

 

 

 

 

 

 

Amendment Nº3 to the ALC A330-900neo Purchase Agreement

 

Ref. CLC - CT1705177

Page 1/4

 

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AMENDMENT N° 3 TO THE

A330-900neo PURCHASE AGREEMENT

 

This amendment n°3 (the “Amendment N°3”) dated 02 October 2017 is made

 

BETWEEN:

 

AIRBUS S.A.S., a French société par actions simplifiée with a share capital of
EUR 3,226,781, with its registered office at 2, rond-point Emile Dewoitine,
31700 Blagnac, France, registered with the Commercial and Companies Register of
Toulouse under number 383 474 814 (the “Seller”),

 

and

 

AIR LEASE CORPORATION, a corporation organised and existing under the laws of
the State of Delaware, U.S.A., having its principal place of business at 2000
Avenue of the Stars, Suite 1000N, Los Angeles, California 90067, U.S.A. (the
“Buyer”).

 

The Buyer and Seller together are referred to as the “Parties”.

 

 

WHEREAS:

 

A.   The Buyer and the Seller have signed on 3rd March 2015 a purchase agreement
with reference CLC-CT1405166 for the manufacture and sale by the Seller and
purchase by the Buyer of twenty-five (25) A330-900neo aircraft hereinafter
together with its Exhibits and Letter Agreements and as further amended from
time to time referred to as the “Agreement”.

 

B.   The Buyer and the Seller have signed an amendment n°1 dated 31st May 2016
with reference CLC-CT1614983 (“Amendment N°1”) whereby the Buyer [*].

 

C.   The Buyer and the Seller have signed an amendment n°2 dated 19th June 2017
with reference CLC-CT1701539 (“Amendment N°2”) for the manufacture and sale by
the Seller and purchase by the Buyer of two (2) incremental A330-900neo
aircraft.

 

D.   The Parties now wish to enter into this Amendment N°3 [*].

 

The terms “herein”, “hereof” and “hereunder” and words of similar import refer
to this Amendment N°3. Capitalized terms used herein and not otherwise defined
herein will have the meanings assigned thereto in the Agreement.

 

 

NOW IT IS HEREBY AGREED AS FOLLOWS:

 

 

 

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

 

 

 

 

Amendment Nº3 to the ALC A330-900neo Purchase Agreement

 

Ref. CLC - CT1705177

Page 2/4

 

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1.        [*]

 

 

 

 

 

 

 

2.        AMENDMENT N°2

 

[*]

 

 

3.        INCONSISTENCY AND CONFIDENTIALITY

 

3.1       In the event of any inconsistency between the terms and conditions of
the Agreement and those of this Amendment N°3, the latter shall prevail to the
extent of such inconsistency, whereas the part of the Agreement not concerned by
such inconsistency shall remain in full force and effect.

 

3.2       This Amendment N°3 reflects the understandings, commitments,
agreements, representations and negotiations related to the matters set forth
herein whatsoever, oral and written, and may not be varied except by an
instrument in writing of even date herewith or subsequent hereto executed by the
duly authorised representatives of both Parties.

 

3.3       This Amendment N°3 shall be treated by both Parties as confidential
and shall not be released in whole or in part to any third party without the
prior consent of the other Party except as may be required by law, or to
professional advisors for the implementation hereof.

 

 

4.        COUNTERPARTS

 

This Amendment N°3 may be executed by the Parties in separate counterparts, each
of which when so executed and delivered shall be an original, but all such
counterparts shall together constitute one and the same instrument.

 

 

5.        LAW AND JURISDICTION

 

This Amendment N°3 will be governed by and construed and the performance thereof
will be determined in accordance with the laws of the State of New York, without
giving effect to its conflicts of laws provisions that would result in the
application of the law of any other jurisdiction.

 

The other provisions of Clause 22.6 of the Purchase Agreement shall apply to
this Amendment N°3 as if the same were set out in full herein, mutatis mutandis.

 

 

 

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

 

Amendment Nº3 to the ALC A330-900neo Purchase Agreement

 

Ref. CLC - CT1705177

Page 3/4

 

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IN WITNESS WHEREOF this Amendment N°3 was entered into the day and year first
above written.

 

 

 

For and on behalf of

For and on behalf of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AIR LEASE CORPORATION

AIRBUS S.A.S.

 

 

 

 

 

 

 

 

/s/ Grant Levy

/s/ Christophe Mourey

 

 

By: Grant Levy

By: Christophe Mourey

 

 

Its: Executive Vice President

Its: Senior Vice President Contracts

 

 

 

Amendment Nº3 to the ALC A330-900neo Purchase Agreement

 

Ref. CLC - CT1705177

Page 4/4

 

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LETTER AGREEMENT N°1

 

 

Air Lease Corporation

 

 

 

Subject: [*]

 

 

AIR LEASE CORPORATION (the “Buyer”) and AIRBUS S.A.S. (the “Seller”) have
entered into an Amendment N°3 dated even date herewith (the “Amendment”) to the
A330-900neo Purchase Agreement dated as of March 3rd, 2015 (the “Agreement”).
The Buyer and the Seller have agreed to set forth in this Letter Agreement N°1
to the Amendment (the “Letter Agreement”) [*].

 

Capitalized terms used herein and not otherwise defined in this Letter Agreement
shall have the meanings assigned thereto in the Agreement and the Amendment.

 

Solely for the purpose of this Letter Agreement, the terms  “Aircraft” and
“A330-900neo Aircraft” shall mean [*].

 

The Parties agree that this Letter Agreement, upon execution thereof, shall
constitute an integral, non-severable part of the Amendment, that the provisions
of the Amendment are hereby incorporated herein by reference, and that if the
Agreement, the Amendment and this Letter Agreement have specific provisions
which are inconsistent, the specific provisions contained in this Letter
Agreement shall govern.

 

 

 

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

 

 

 

Amendment N°3 to the A330-900neo Purchase Agreement

Page 1/5

Letter Agreement N°1

 

Ref. CLC - CT1705177

 

 

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LETTER AGREEMENT N°1

 

1[*]

 

 

 

 

2[*]

 

 

 

3[*]

 

 

 

4[*]

 

 

 

5[*]

 

 

 

6[*]

 

 

 

7[*]

 

 

 

8[*]

 

 

 

9[*]

 

 

 

10        ASSIGNMENT

 

[*]

 

 

11        LAW AND JURISDICTION

 

 

 

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

 

Amendment N°3 to the A330-900neo Purchase Agreement

Page 2/5

Letter Agreement N°1

 

Ref. CLC - CT1705177

 

 

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LETTER AGREEMENT N°1

 

This Letter Agreement will be governed by and construed and the performance
thereof will be determined in accordance with the laws of the State of New York,
without giving effect to its conflicts of laws provisions that would result in
the application of the law of any other jurisdiction.

 

The provisions of Clause 22.6 of the Agreement shall apply to this Letter
Agreement.

 

 

Amendment N°3 to the A330-900neo Purchase Agreement

Page 3/5

Letter Agreement N°1

 

Ref. CLC - CT1705177

 

 

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LETTER AGREEMENT N°1

 

If the foregoing sets forth our understanding please execute two (2) originals
thereof in the space provided and return one (1) original to the Seller.

 

 

Agreed and Accepted

Agreed and Accepted

 

 

For and on behalf of

For and on behalf of

 

 

 

 

 

 

Air Lease Corporation

AIRBUS S.A.S.

 

 

 

 

 

 

 

 

 

 

/s/ Grant Levy

/s/ Christophe Mourey

 

 

Name: Grant Levy

Name: Christophe Mourey

 

 

 

 

 

 

Title: Executive Vice President

Title: Senior Vice President Contracts

 

 

 

 

 

 

 

Date: October 2, 2017

 

 

 

 

 

 

Amendment N°3 to the A330-900neo Purchase Agreement

Page 4/5

Letter Agreement N°1

 

Ref. CLC - CT1705177

 

 

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LETTER AGREEMENT N°1

 

APPENDIX A

[*]

 

 

[*]

 

 

 

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

 

 

 

Amendment N°3 to the A330-900neo Purchase Agreement

Page 5/5

Letter Agreement N°1

 

Ref. CLC - CT1705177

 

 

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