Document

EXHIBIT 10.7


CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT BOTH CUSTOMARILY AND ACTUALLY TREATS AS PRIVATE AND CONFIDENTIAL


Supplemental Agreement No. 27
to
Purchase Agreement No. 03791
between
THE BOEING COMPANY
and
AIR LEASE CORPORATION
THIS SUPPLEMENTAL AGREEMENT is entered into as of April 6, 2021 (Supplemental Agreement No. 27) by and between THE BOEING COMPANY (Boeing) and AIR LEASE CORPORATION (Customer).
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 [*].
[*]
WHEREAS, Boeing and Customer desire to clarify that [*]. 
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 and replaced by a new Table of Contents, provided as Enclosure 1, and incorporated into the Purchase Agreement. The new Table of Contents reflects the revisions set forth in this Supplemental Agreement No. 27.
									
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2.TABLES.
    2.1    Table 1C is deleted in its entirety and replaced by a revised Table 1C, provided as Enclosure 2, which is incorporated into the Purchase Agreement by this reference. The new Table 1C reflects [*].
    2.2    Table 1I, provided hereto as Enclosure 3, is incorporated into the  Agreement by this reference. This new Table 1I [*].


3.    EXHIBITS.
    3.1    New Exhibit A2-1, HAZ/[*] 737-8 Aircraft Configurations [*], provided as Enclosure 4 to this Supplemental Agreement No. 27, is incorporated into the Purchase Agreement.  [*]. 
4.    LETTER AGREEMENTS.
    4.1     Letter Agreement HAZ-PA-03791-LA-1208078R9, entitled “[*]” is deleted in its entirety, and replaced with a revised Letter Agreement HAZ-PA-03791-LA-1208078R10, entitled “[*],” ([*]) which is provided as Enclosure 5 to this Supplemental Agreement No. 27, and incorporated into the Purchase Agreement.
    4.2    Letter Agreement HAZ-PA-03791-LA-1208090R9, entitled “[*]” is deleted in its entirety, and replaced with a revised Letter Agreement HAZ-PA-03791-LA-1208090R10, entitled “[*]” which is provided as Enclosure 6 to this Supplemental Agreement No. 27, and incorporated into the Purchase Agreement.
    4.3    New Letter Agreement HAZ-PA-03791-LA-2100098, entitled “[*]” which is provided as Enclosure 7 to this Supplemental Agreement No. 27, is incorporated into the Purchase Agreement.
5.    [*]


									
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6.    MISCELLANEOUS.
6.1    All terms used but not defined in this Supplemental Agreement No. 27 will have the same meaning as such terms have in the Purchase Agreement.
6.2    This Supplemental Agreement No. 27 will become effective upon execution and receipt by both parties of this Supplemental Agreement No. 27. The terms of this Supplemental Agreement No. 27 will expire if not executed by April 1, 2021.




EXECUTED IN DUPLICATE as of the day and year first above written.
															
	THE BOEING COMPANY
		AIR LEASE CORPORATION

					
	By:
	/s/ Sydney A. Bard                          
		By:	 /s/ Grant Levy                               
					
	Its:	Attorney-In-Fact                                         		Its:
	   Executive Vice President           


									
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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	




									
	TABLES	
	1A	737-8 Block A Aircraft Information Table [*]	SA-26
	1B	737-9 Block B Aircraft Information Table [*]	SA-26
	1C	737-8 Block C Aircraft Information Table [*]	SA-27

	1D	737-8 Block D Aircraft Information Table [*]	SA-26
	1E	737-8 Block E Aircraft Information Table [*]	SA-14
	1F	737-7 Block F Aircraft Information Table [*]	SA-24
	1G	737-8 Block G Aircraft Information Table [*]	SA-18
	1H1	737-8 Block H1 Aircraft Information Table [*]	SA-18
	1H2	737-8 Block H2 Aircraft Information Table [*]	SA-18
	1H3	737-8 Block H3 Aircraft Information Table [*]	SA-18
	1H4	737-8 Block H4 Aircraft Information Table [*]	SA-18
	1H5	737-8 Block H5 Aircraft Information Table [*]	SA-25
	1I	737-8 Block I Aircraft Information Table [*]	SA-27




									
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			Enclosure 1
			
		TABLE OF CONTENTS
	









												
	EXHIBITS	
	A1	HAZ/[*] 737-8 Aircraft Configuration	SA-16
	A2	HAZ/[*] 737-8 Aircraft Configuration	SA-16
	A2-1	HAZ/[*] 737-8 Aircraft Configuration (Block I)	SA-27
	A3	HAZ/[*] 737-8 Aircraft Configuration	SA-16
	A4	HAZ/[*] 737-8 Aircraft Configuration	SA-16
	A5	HAZ/[*] 737-8 Aircraft Configuration	SA-16
	A6	HAZ/[*] 737-9 Aircraft Configuration	SA-19
	A7	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-21
	A8	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-21
	A9	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-21
	A10	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-21
	A11	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-21
	A12	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-21
	A13	HAZ/[*] 737-9 Aircraft Configuration [*]	SA-21
	A14	HAZ/[*] 737-9 Aircraft Configuration [*]	SA-21
	A15	HAZ 737-8 Baseline Aircraft Configuration [*]	SA-21
	A16	HAZ 737-9 Baseline Aircraft Configuration [*]	SA-21
	A17	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-24
	A18	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-24
	A19	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-25
	A20	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-25
	A21	HAZ/[*] 737-8 Aircraft Configuration [*]	SA-25
	A22	HAZ/[*] 737-9 Aircraft Configuration [*]	SA-25
	A23	HAZ/[*] 737-9 Aircraft Configuration [*]	SA-26
	B	Aircraft Delivery Requirements and Responsibilities	




									
	SUPPLEMENTAL EXHIBITS	
	AE1	Escalation Adjustment - Airframe and Optional Features	
	BFE1	BFE Variables	SA-9
	CS1	Customer Support Variables	
	EE1	[*], Engine Warranty and Patent Indemnity	
	SLP1	Service Life Policy Components	




									
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			Enclosure 1
			
		TABLE OF CONTENTS
	









									
	LETTER AGREEMENTS	SA No.
	LA-1208077	AGTA Matters	
	LA-1208078R10
	Advance Payment Matters	SA-27
	LA-1208079R2	[*]	SA-18
	LA-1208080	Assignment of Customer’s Interest to a Subsidiary or Affiliate	
	LA-1208081	Other Matters	
	LA-1208082	Demonstration Flight Waiver	
	LA-1208083R4	[*]	SA-17
	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-1208090R10
	Special Matters for 737-8 and 737-9 Aircraft	SA-27
	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
	LA-1701519	Special Matters Related to [*]	SA-10
	LA-1701714	Special Matters for 737-7 Aircraft	SA-24
	LA-1704831	Special Matters Relating to [*]     
	SA-14
	LA-1704362	[*]	SA-15
	LA-1805016	[*]	SA-18
	LA-1805303	[*]	SA-18
	LA-2003489	[*]	SA-26
	LA-2100098	Miscellaneous Matters – Block I Aircraft	SA-27




									
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		Table 1C                                                  	Enclosure 2
	to Purchase Agreement No. PA-03791
737-8 Block C (2014 Base) Aircraft Delivery, Description, Price and Advance Payments







																																	
	Airframe Model/MTOW:	737-8	181,200 pounds		Detail Specification:		D019A008-J (1/16/2015)	
	Engine Model/Thrust:	CFMLEAP-1B25	25,000 pounds		Airframe Price Base Year/Escalation Formula:	[*]	[*]
	Airframe Price:		[*]		Engine Price Base Year/Escalation Formula:	[*]	[*]
	Estimated 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	[*]	[*]	[*]	[*]
	[*]-2019	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	[*]	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	[*]	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	[*]-2021	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	Total:	4									
											
	[*]										
	* Manufacturer serial number is subject to change due to production changes.							
	[*]										


									
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		Table 1I To	Enclosure 3
	Purchase Agreement No. PA-03791
Aircraft Delivery, Description, Price and Advance Payments
Block I



																																	
	Airframe Model/MTOW:	737-8	181,200 pounds		Detail Specification:		D019A007-A (2/3/2012)	
	Engine Model/Thrust:	CFMLEAP-1B27	26,400 pounds		Airframe Price Base Year/Escalation Formula:	[*]	[*]
	Airframe Price:		[*]		Engine Price Base Year/Escalation Formula:	[*]	[*]
	Estimated 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	[*]	[*]	[*]	[*]
	[*]-2021	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	[*]	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	[*]-2021	1	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]	[*]
	Total:	3									
											
	[*]										


									
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			Enclosure 4






HAZ/[*] 737-8 AIRCRAFT CONFIGURATION


between


THE BOEING COMPANY


and


AIR LEASE CORPORATION


Exhibit A2-1


to Purchase Agreement Number PA-03791


































									
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			Enclosure 4






Exhibit A2-1


AIRCRAFT CONFIGURATION


Dated April 6, 2021


relating to


BOEING MODEL 737-8 AIRCRAFT


The Detail Specification is [*].  The Detail Specification provides further description of Customer’s configuration set forth in this Exhibit A2-1. Such Detail Specification will be comprised of Boeing Configuration Specification [*]. Boeing will furnish to Customer copies of the Detail Specification, which copies will reflect [*].




									
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	Exhibit A2-1 To
Boeing Purchase Agreement



						
	Customer:	HAZ-Air Lease Corporation - [*]
	Model:	737-8
	Base Date:	[*]
		
	[*]	


									
	PA No. 3791 
Exhibit A2-1 ([*] 737-8)		SA-27
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			Enclosure 5
	
	The Boeing Company
P.O. Box 3707 
Seattle, WA 98124‐2207
	





HAZ-PA-03791-LA-1208078R10




Air Lease Corporation
2000 Avenue of the Stars, Suite 1000N
Los Angeles, CA 90067




Subject:    Advance Payment Matters


Reference:    Purchase Agreement No. PA-03791 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 737-8 and 737-9 aircraft (Aircraft)
This letter agreement (Letter Agreement) cancels and supersedes all previous versions with an acceptance date prior to the acceptance date indicated below and amends and supplements the Purchase Agreement.  All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.
The Purchase Agreement incorporates the terms and conditions of HAZ-AGTA between Boeing and Customer.  This Letter Agreement modifies certain terms and conditions of the AGTA with respect to the Aircraft.


1.Deferred Advance Payment Schedule.  
1.1 Notwithstanding the Aircraft advance payment schedule provided in Table 1 of the Purchase Agreement, Customer may elect to pay an alternative fixed advance payment schedule for the Aircraft, as set forth below (Alternative Advance Payment Schedule).
[*]
2.[*]


3.[*]


4.[*]


5.Assignment.
Notwithstanding any other provisions of the Purchase Agreement, the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer taking title to the Aircraft at the time of delivery and leasing the Aircraft and cannot be assigned in whole or, in part.
									
			

    									
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			Enclosure 5
	
		



6.Confidential Treatment.
Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties.  Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b)  employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 6) without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this paragraph 6.  Customer shall be fully responsible to Boeing for compliance with such obligations.


Very truly yours,


												
	THE BOEING COMPANY	
				
	By	/s/ Sydney A. Bard	
	
	Its	Attorney-in-fact	
		
	ACCEPTED AND AGREED TO this	
		
	Date:	April 6, 2021	
		
	AIR LEASE CORPORATION	
		
	By	/s/ Grant Levy	
		
	Its	Executive Vice President	




									
	HAZ-PA-03791-LA-1208078R10    
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				Enclosure 6
	
		The Boeing Company 
P.O. Box 3707 
Seattle, WA 98124‐2207
	


        

HAZ-PA-03791-LA-1208090R10




Air Lease Corporation
2000 Avenue of the Stars, Suite 1000N    
Los Angeles, CA 90067




Subject:    Special Matters for 737-8 and 737-9 Aircraft


Reference:    Purchase Agreement No. PA-03791 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 737-8 and 737-9 aircraft (Aircraft)


This letter agreement (Letter Agreement) cancels and supersedes all previous versions with an acceptance date prior to the acceptance date indicated below and amends and supplements the Purchase Agreement.  All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.
1.    Credit Memoranda. In consideration of Customer’s purchase of the Aircraft, at the time of delivery of each such Aircraft or [*], unless otherwise noted, Boeing will provide to Customer the following credit memoranda:
1.1    Basic Credit Memorandum.  Boeing will issue to Customer a basic credit memorandum (Basic Credit Memorandum) at delivery of each Aircraft or [*] in an amount shown in the table immediately below for the respective minor model [*]. 
																		
	Basic Credit Memorandum	
	 	 	Model Type	
	Aircraft Block	[*]	737-8 Aircraft	737-9 Aircraft	737-9 [*]	737-8 [*]
	Block A	[*]	[*]	[*]	[*]	[*]
	Block B	[*]	[*]	[*]	[*]	[*]
	Block C	[*]	[*]	[*]	[*]	[*]
	Block D	[*]	[*]	[*]	[*]	[*]
	Block E	[*]	[*]	[*]	[*]	[*]
	Block G	[*]	[*]	[*]	[*]	[*]
	Block H	[*]	[*]	[*]	[*]	[*]




1.2    Leasing Credit Memorandum.  Customer expressly intends to lease the Aircraft and [*] to a third party or parties (Lessee or Lessees) who are in the commercial airline business as aircraft operators.  As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table 
    									
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			Enclosure 6
	
		

									
			



immediately below for the respective Aircraft or [*] minor model and [*].  Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.


																		
	Leasing Credit Memorandum	
	 	 	Model Type	
	Aircraft Block	[*]	737-8 Aircraft	737-9 Aircraft	737-9 [*]	737-8 [*]
	Block A	[*]	[*]	[*]	[*]	[*]
	Block B	[*]	[*]	[*]	[*]	[*]
	Block C	[*]	[*]	[*]	[*]	[*]
	Block D	[*]	[*]	[*]	[*]	[*]
	Block E	[*]	[*]	[*]	[*]	[*]
	Block G	[*]	[*]	[*]	[*]	[*]
	Block H	[*]	[*]	[*]	[*]	[*]


1.3   [*]
1.4   [*]
1.5   [*]
1.6   [*]
1.7   [*]
1.8   [*]
1.9   [*]
1.10 [*]
1.11 [*]
1.12 [*]
1.13 [*]
1.14 [*]
1.15 [*]
1.16 [*]
1.17 [*]
1.18 [*]
1.19 [*]
									
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			Enclosure 6
	
		

									
			



1.20 [*]
1.21 [*]
1.22 [*]
1.23 [*]
1.24 [*]
1.25 [*]
1.26 [*]
1.27 [*]
1.28 [*]
1.29 [*]
1.30 [*]
1.31 [*]
1.32 [*]
1.33 [*]
1.34 [*]
1.35 [*]
1.36 [*]
 1.37 Escalation of Credit Memoranda. Unless otherwise noted, the amounts of the Credit Memoranda stated in [*] will be escalated from the base year indicated to the scheduled month of the respective Aircraft or [*] delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to such Aircraft or [*].  The Credit Memoranda may, at the election of Customer, be (i) applied against the Aircraft Price of the respective Aircraft or [*] at the time of delivery, or (ii) used for the purchase of other Boeing goods and services (but shall not be applied to advance payments).


2.[*]
3.Assignment.
Unless otherwise noted herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer and in consideration of Customer’s taking title to the Aircraft and [*] at time of delivery and leasing the Aircraft and [*].  This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing.
									
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			Enclosure 6
	
		

									
			



4.Confidentiality.
Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties.  Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b)  employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 3) without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this paragraph 3.  Customer shall be fully responsible to Boeing for compliance with such obligations.  


Very truly yours,


															
	THE BOEING COMPANY		
		
	By	/s/ Sydney A. Bard		
	

Its
	

Attorney-in-fact
		
	Its	Attorney-in-fact		
					
	ACCEPTED AND AGREED TO this		
			
	Date:	April 6, 2021		
			
	AIR LEASE CORPORATION		
			
	By	/s/ Grant Levy		
			
	Its	Executive Vice President		




									
	HAZ-PA-03791-LA-1208090R10
Special Matters for 737-8 and 737-9 Aircraft
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				Enclosure 7

	
		The Boeing Company
P.O. Box 3707
Seattle, WA 98124 2207	



HAZ-PA-03791-LA-2100098




Air Lease Corporation
2000 Avenue of the Stars, Suite 1000N    
Los Angeles, CA 90067


Subject:    Miscellaneous Matters – Block I Aircraft


Reference:    Purchase Agreement No. PA-03791 (Purchase Agreement) between The Boeing Company (Boeing) and Air Lease Corporation (Customer) relating to Model 737-8 and 737-9 aircraft (Aircraft)


This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement will have the same meaning as in the Purchase Agreement. This Letter Agreement applies to the Aircraft in Table 1I of the Purchase Agreement (Block I Aircraft).
For purposes of this Letter Agreement, [*].


1.[*]
2.[*]
3.[*]
4.Maintenance Planning Document Tasks. 
4.1 In accordance with AGTA Article 3.1 Certificates, Boeing will provide a FAA Standard Certificate of Airworthiness or Export Certificate of Airworthiness at delivery of each Block I Aircraft. Without exception and for the Block I Aircraft, maintenance tasks with calendar time driven intervals, as defined and performed in accordance with Maintenance Planning Document No. D626A011, are based on the date of issuance of the Certificate of Airworthiness. Prior to delivery, Boeing will issue to Customer documentation which summarizes the maintenance tasks performed on the Block I Aircraft prior to transfer of title of such Block I Aircraft. 
4.2 Boeing further confirms that the maintenance clock start-time for landing gear parts and the first landing gear overhaul for the Block I Aircraft begins on the issuance of the Certificate of Airworthiness. 
4.3 If there are any future deviations or exceptions to this approach on the timing of the maintenance clock start-time for the Block I Aircraft, as determined by the FAA or another civil aviation authority, then Boeing will assist Customer in any related technical discussions with the aim of sharing Boeing’s rationale for why time driven maintenance intervals are, from a Boeing perspective, based on the issuance of the Certificate of Airworthiness.  
    									
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4.4 Upon delivery of the Block I Aircraft to Customer, Boeing will provide a list of all hard time parts, life limited parts and time tracked parts installed on the Block I Aircraft, which will include the relevant time consumed for such parts.  In addition, Boeing will support any other reasonable Customer requests for traceability documents involving equipment installed on Block I Aircraft.
4.5 Boeing is looking into a potential attachment to the Airworthiness Directive letters to provide compliance statements (including method of compliance) and support documentation related to the 737-8 and 737-9 return to service airworthiness directive as issued by the FAA, EASA and any other regulatory authority having specific return to service requirements.
5.[*]


6.Confidentiality.
Customer understands and agrees that the information contained herein represents confidential business information of Boeing and has value precisely because it is not available generally or to other parties.  Customer agrees to limit the disclosure of its contents to (a) its directors and officers, (b)  employees of Customer with a need to know the contents for performing its obligations (including, without limitation, those employees performing accounting, finance, administration and other functions necessary to finance and purchase, deliver or lease the Aircraft) and who understand they are not to disclose its contents to any other person or entity (other than those to whom disclosure is permitted by this paragraph 6) without the prior written consent of Boeing and (c) any auditors, financial advisors, attorneys and independent contractors of Customer who have a need to know such information and have signed a confidentiality agreement in the same form and substance similar to this paragraph 6.  Customer shall be fully responsible to Boeing for compliance with such obligations. 
									
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Very truly yours,


																		
	THE BOEING COMPANY		
			
	ACCEPTED AND AGREED TO this			
				
	Date:	April 6, 2021			
				
	AIR LEASE CORPORATION		THE BOEING COMPANY
				
	By:	/s/ Grant Levy		By:	/s/ Sydney A. Bard
				
	Name:	Grant Levy		Name:	Sydney A. Bard
				
	Title:	Executive Vice President		Title:	Attorney-In-Fact








									
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Schedule A
[*]




									
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