EXHIBIT 10.2
CONFIDENTIAL TREATMENT
REQUESTED PURSUANT TO RULE RULE 24b-2
AMENDMENT No. 7 TO
PURCHASE AGREEMENT COM0188-10
This Amendment No. 7 to the Purchase Agreement COM0188-10, dated as of June 15,
2011 (“Amendment No. 7”) relates to the Purchase Agreement COM0188-10 (the
“Purchase Agreement”) between Embraer S. A. (f/k/a Embraer — Empresa Brasileira
de Aeronáutica S.A.) (“Embraer”) and Air Lease Corporation (“Buyer”) dated dated
October 5, 2010 (the “Agreement”). This Amendment No. 7 is between Embraer and
Buyer, collectively referred to herein as the “Parties”.
This Amendment No. 7 sets forth additional agreements between Embraer and Buyer
with respects to the matters set forth herein.
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. 7 which are not defined herein shall have the meaning given in the
Purchase Agreement. In the event of any conflict between this Amendment No. 7
and the Purchase Agreement, the terms, conditions and provisions of this
Amendment No. 7 shall control.
WHEREAS, [*];
NOW, THEREFORE, for good and valuable consideration which is hereby
acknowledged, Embraer and Buyer hereby agree as follows:
1. DELIVERY
Article 5 of the Purchase Agreement and its delivery schedule table is hereby
deleted and replaced by the following:
“Subject to payment in accordance with Article 5 and the provisions of Articles
7 and 9, Embraer shall offer the Aircraft to Buyer for inspection, acceptance
and subsequent delivery in FAF condition, at Embraer premises in São José dos
Campos, State of São Paulo, Brazil, on a date within the month indicated in the
schedule below:

                                      Contractual   A/C              
Contractual   A/C     A/C   Delivery Date   Model   [*]   A/C   Delivery Date  
Model   [*]
01
       [*] 11   [*]   [*]     16     [*]   [*]   [*]
02
  [*]   [*]   [*]     17     [*]   [*]   [*]
03
  [*]   [*]   [*]     18     [*]   [*]   [*]
04
  [*]   [*]   [*]     19     [*]   [*]   [*]

 

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

      COM0155-11 Amendment No. 7 to Purchase Agreement COM0188-10   Page 1 of 3

 

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                                      Contractual   A/C              
Contractual   A/C     A/C   Delivery Date   Model   [*]   A/C   Delivery Date  
Model   [*]
05
  [*]   [*]   [*]     20     [*]   [*]   [*]
06
  [*]   [*]   [*]     21     [*]   [*]   [*]
07
  [*]   [*]   [*]     22     [*]   [*]   [*]
08
  [*]   [*]   [*]     23     [*]   [*]   [*]
09
  [*]   [*]   [*]     24     [*]   [*]   [*]
10
  [*]   [*]   [*]     25     [*]   [*]   [*]
11
  [*]   [*]   [*]     26     [*]   [*]   [*]
12
  [*]   [*]   [*]     27     [*]   [*]   [*]
13
  [*]   [*]   [*]     28     [*]   [*]   [*]
14
  [*]   [*]   [*]     29     [*]   [*]   [*]
15
  [*]   [*]   [*]     30     [*]   [*]   [*]

Except as otherwise expressly provided differently elsewhere in this Agreement,
the date indicated in the schedule above shall be deemed to be the last day of
the month set forth in Article 5.”
2. MISCELLANEOUS
The provisions of Articles 18, 19, 28, 29, 30 and 31 of the Purchase Agreement
apply mutatis mutandis. All other provisions of the Agreement that have not been
specifically amended or modified by this Amendment No. 7 shall remain valid in
full force and effect without any change.
 

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

      COM0155-11 Amendment No. 7 to Purchase Agreement COM0188-10   Page 2 of 3

 

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IN WITNESS WHEREOF, EMBRAER and BUYER, by their duly authorized officers, have
entered into and executed this Amendment No. 7 to Purchase Agreement to be
effective as of the date first written above.

                      EMBRAER S. A.       AIR LEASE CORPORATION    
 
                   
By
Name:
  /s/ Paulo Cesa de Souza e Silva
 
Paulo Cesa de Souza e Silva       By
Name:   /s/ Grant Levy
 
Grant Levy    
Title:
  Executive Vice-President       Title:   Executive Vice President    
 
  Airline Market                
 
                   
By
  /s/ José Luis D’Avila Molina       Date:   June 10, 2011    
 
                   
Name:
  José Luis D’Avila Molina       Place:   Los Angeles, California, USA    
Title:
  Vice President, Contracts                
 
  Airline Market                
 
                   
Date:
  June 15, 2011                
Place:
  São José Campos, SP                
 
  Brazil                
 
                   
Witness
Name:
  : /s/ Claudiana Bueno
 
Claudiana Bueno       Witness:
Name:   /s/ Isaura Melendrez
 
Isaura Melendrez    

      COM0155-11 Amendment No. 7 to Purchase Agreement COM0188-10   Page 3 of 3