EXHIBIT 10.99

 

Confidential Treatment

Requested Pursuant to Rule 24b-2

 

 

[*] AGREEMENT

 

 

BETWEEN

 

 

AIRBUS S.A.S.

 

 

AND

 

 

AIR LEASE CORPORATION

 

 

[*]

 

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 1 of 8

 

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This [*] agreement (this “Agreement”) is made on the 31st day of December 2018

 

BETWEEN:

 

AIRBUS S.A.S. a société par actions simplifiée, created and existing under
French law having its registered office at 2, rond-point Emile Dewoitine, 31700
Blagnac, France (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” and individually
as “Party”.

 

WHEREAS:

 

A.          [*]

 

B.          [*]

 

C.          [*]

 

D.          [*]

 

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.

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 2 of 8

 

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1.          DEFINITIONS AND INTERPRETATION [*]

 

1.1.       Definitions

 

1.1.1.     Any and all initially capitalized terms used herein and not otherwise
defined in this Agreement shall have the meanings assigned thereto [*].

 

1.1.2.     In this Agreement the following terms shall have the following
meanings:

 

[*]

 

“Related Parties” means any shareholders, parents, subsidiaries, affiliates,
assigns, transferees, representatives, principals, agents, officers, directors
and employees.

 

1.2.        Interpretation

 

1.2.1.     Where the context so admits, words importing the singular number
shall include the plural and vice versa.

 

1.2.2.     References in this Agreement to an exhibit, schedule, article,
section, subsection or clause refer to the appropriate exhibit or schedule to,
or article, section, subsection or clause in this Agreement.

 

1.2.3.     References in this Agreement to a document or an agreement is a
reference to that document or agreement as amended, supplemented, modified or
varied (in each case with the consent of any Party, if that consent is
required).

 

1.2.4.     References in this Agreement to any statute will be to such statute
as amended or modified and in effect at the time any such reference is
operative.

 

1.2.5.     The term "including" when used in this Agreement means "including
without limitation" except when used in the computation of time periods.

 

1.2.6.     Technical and trade terms not otherwise defined herein will have the
meanings assigned to them as generally accepted in the aircraft manufacturing
industry.

 

2.            [*]

 

3.            [*]

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 3 of 8

 

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4.            [*]

 

5.            GENERAL

 

5.3.         Entire agreement

 

This Agreement 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.

 

5.4.         Assignment

 

Notwithstanding any other provision of this Agreement, this Agreement and the
rights and obligations of the Buyer herein shall not be assigned or transferred
in any manner, and any attempted assignment or transfer in contravention of the
provisions of this Clause shall be void and of no force or effect.

 

5.5.         Confidentiality

 

This Agreement (and its existence) shall be treated by both Parties as
confidential and shall not be released (or revealed) in whole or in part by
either Party to any third party without the prior consent of the other Party
[*].

 

5.6.         [*]

 

5.7.         This Agreement 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.

 

6.            LAW AND JURISDICTION

 

6.3.         THIS 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.

 

6.4.         [*]

 

6.5.         [*]

 

6.6.         [*]

 

6.7.         [*]

 

6.8.         [*]

 

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 4 of 8

 

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If the foregoing correctly sets forth our understanding, please execute two (2)
originals in the space provided below and return one (1) original of this
Agreement 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/ Steven F. Udvar-Hazy

/s/ Benoît de Saint-Exupéry

 

 

By:

Steven F. Udvar-Hazy

By:

Benoît de Saint-Exupéry

 

 

Its:

Executive Chairman

Its:

Senior Vice President, Contracts

 

 

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 5 of 8

 

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Schedule 1 to [*] Agreement [*]

 

[*]

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 6 of 8

 

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Schedule 2 to [*] Agreement [*]

 

[*]

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 7 of 8

 

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Schedule 3 to [*] Agreement [*]

 

[*]

 

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

 

 

 

ALC–[*] Agreement

Private & Confidential

Ref. CLC-CT 15039323

Page 8 of 8

 

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