EX-10.3



 Exhibit 10.3 

CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE
SECURITIES ACT OF 1933, AS AMENDED, AND RULE 24B-2 PROMULGATED THEREUNDER. OMITTED INFORMATION HAS BEEN REPLACED WITH ASTERISKS. 

Supplemental Agreement No. 3 

to 
 Purchase Agreement
No. 3860 
 between 
 The
Boeing Company 
 and 
 United
Airlines, Inc. 
 Relating to Boeing Model 787 Aircraft 

THIS SUPPLEMENTAL AGREEMENT, entered into as of July 22, 2014, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES,
INC. (a Delaware corporation formerly known as Continental Airlines, Inc. and successor by merger to United Air Lines, Inc.) (Customer); 

WHEREAS, the parties hereto entered into Purchase Agreement No. 3860 dated September 27, 2012, as amended and supplemented
(Purchase Agreement), relating to the purchase and sale of Boeing Model 787 aircraft (Aircraft). This Supplemental Agreement is an amendment to the Purchase Agreement; 

WHEREAS, Boeing and Customer agree to substitute *** Model 787-*** aircraft (787-*** Aircraft) in lieu of Model 787-*** aircraft
(787-*** Aircraft) and to revise the scheduled delivery as follows: 
  

					
	 Manufacturer Serial Number
	 	 787-*** Aircraft Delivery Month
	 	 787-*** Aircraft Delivery Month

	 ***
	 	***	 	***


  

			
	UAL-PA-3860	 	SA-3, Page 1

 BOEING / UNITED AIRLINES, INC. PROPRIETARY 








 WHEREAS, Boeing and Customer agree to revise the scheduled delivery of *** model
787-9 Aircraft as follows: 
  

					
	 Manufacturer Serial Number
	 	 Original Aircraft Delivery Month
	 	 New Aircraft Delivery Month

	 ***
	 	***	 	***

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

	1.	Table of Contents and Articles. 

 The Table of Contents, is replaced in its
entirety with the Table of Contents that is attached hereto and references this Supplemental Agreement No. 3. 
  

	2.	Tables. 

  

	 	2.1.	*** 

  

	 	2.2.	Table 1 for Model 787-9 Aircraft is replaced in its entirety with the Table 1 for Model 787-9 that is attached hereto and references this Supplemental Agreement No. 3. 


 

	 	2.3.	Table 1 for Model 787-10 Aircraft is replaced in its entirety with the Table 1 for Model 787-10 that is attached hereto references this Supplemental Agreement No. 3. 


 

	3.	Letter Agreements. 

  

	4.	Attachment B-2 to Letter Agreement UAL-PA-03860-LA-1209265R1 is deleted in its entirety. 

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

[The rest of the page is intentionally blank. Signature page follows.] 

  

			
	UAL-PA-3860	 	SA-3, Page 2

 BOEING / UNITED AIRLINES, INC. PROPRIETARY 








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

 

					
	THE BOEING COMPANY	 		 	UNITED AIRLINES, INC.
			
	 /s/ Patrick McKelvey
	 		 	 /s/ Gerald Laderman

	Signature	 		 	Signature
			
	 Attorney-in-Fact
	 		 	 Senior Vice President – Finance, Procurement and Treasurer

	Title	 		 	Title


  

			
	UAL-PA-3860	 	SA-3, Page 3

 BOEING / UNITED AIRLINES, INC. PROPRIETARY 








 TABLE OF CONTENTS 

 

					
	 ARTICLES
	  	SA
NUMBER
			
	Article 1.	 	 Quantity, Model and Description
	  	SA-1
			
	Article 2.	 	 Delivery Schedule
	  	SA-1
			
	Article 3.	 	 Price
	  	SA-1
			
	Article 4.	 	 Payment
	  	SA-1
			
	Article 5.	 	 Additional Terms
	  	SA-1
			
	TABLE	 		  	
			
	    1.	 	 787-8 with GENX-1B*** Engines Aircraft Information Table ***
	  	SA-3
			
	    1.	 	 787-9 with GENX-1B*** Engines Aircraft Information Table
	  	SA-3
			
	    1.	 	 787-10 with GENX-1B*** Engines Aircraft Information Table
	  	SA-3
			
	EXHIBITS	 		  	
			
	    A1.	 	 787-8 Aircraft Configuration
	  	
			
	    A2.	 	 787-9 Aircraft Configuration
	  	
			
	    A3.	 	 787-10 Aircraft Configuration
	  	SA-1
			
	    B.	 	 Aircraft Delivery Requirements and Responsibilities
	  	
		
	SUPPLEMENTAL EXHIBITS	  	
			
	AE1.	 	 Escalation Adjustment/Airframe and Optional Features
	  	
			
	BFE1.	 	 BFE Variables
	  	SA-1
			
	CS1.	 	 Customer Support Document
	  	
			
	EE1.	 	 Engine Escalation/Engine Warranty ***
	  	
			
	SLP1.	 	 Service Life Policy Components
	  	
		
	TABLE OF CONTENTS, CONTINUED	  	


					
	 LETTER AGREEMENTS
	  	SA
NUMBER
			
	UAL-PA-03860-LA-1209247	 	 787 e-Enabling
	  	
	UAL-PA-03860-LA-1209264	 	 Open Configuration Matters
	  	


  

					
	 P.A. 3860
	 	TABLE OF CONTENTS, Page 1 of 3	 	SA-3

 BOEING/UNITED AIRLINES, INC. PROPRIETARY 









					
	UAL-PA-03860-LA-1209265R1	 	 Option Aircraft
	  	SA-1
		 	 Attachment A, 787-*** Option Aircraft Delivery, Description, Price and Advance Payments (DELETED)
	  	SA-1
			
		 	 Attachment B-1, 787-*** with GENX-1B*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments
	  	SA-1
			
		 	 Attachment B-2, 787-*** with TRENT1000-*** Engines: Option Aircraft Delivery, Description, Price and Advance Payments
(DELETED)
	  	SA-3
			
	UAL-PA-03860-LA-1209409	 	 Spare Parts Initial Provisioning
	  	
	UAL-PA-03860-LA-1209410	 	 Special Matters Relating to COTS Software and End User License Agreements
	  	
	UAL-PA-03860-LA-1209411	 	 Special Terms – Seats and In-flight Entertainment
	  	
	UAL-PA-03860-LA-1209417	 	 Model 787 Post-Delivery Software & Data Loading
	  	
		
	CONFIDENTIAL LETTER AGREEMENTS	  	
			
	UAL-PA-03860-LA-1209236R1	 	 Model Substitution
	  	SA-1
		 	 Attachment A, 787-9 Airframe Pricing of Substitution Aircraft with General Electric GEnx-1B*** and Rolls Royce Trent 1000-***
engines
	  	SA-1
			
		 	 Attachment B, 787-10 with General Electric GEnx-1B*** and Rolls Royce TRENT 1000-*** Engines
	  	SA-1
			
		 	 Attachment C, 787-8 with General Electric GEnx-1B*** and Rolls Royce TRENT 1000-***
	  	SA-1


  

					
	 P.A. 3860
	 	TABLE OF CONTENTS, Page 2 of 3	 	SA-3

 BOEING/UNITED AIRLINES, INC. PROPRIETARY 








 TABLE OF CONTENTS, CONTINUED 

 

					
	 CONFIDENTIAL LETTER AGREEMENTS, continued
	  	SA
NUMBER
			
	 UAL-PA-03860-LA-1209412
	 	Spare Parts Commitment	  	
			
	 UAL-PA-03860-LA-1209413R1
	 	Special Matters	  	SA-1
			
	 UAL-PA-03860-LA-1209414
	 	Other Special Matters	  	
			
	 UAL-PA-03860-LA-1209413A1
	 	Other Special Matters—Amendment 1	  	SA-1
			
	 UAL-PA-03860-LA-1209416R1
	 	Promotional Support	  	SA-2
			
	 UAL-PA-03860-LA-1209430
	 	Performance Guarantees	  	
			
	 UAL-PA-03860-LA-1209455
	 	*** TERMINATED	  	SA-1
			
	 UAL-PA-03860-LA-1209429
	 	***	  	
			
	 UAL-PA-03860-LA-1209618R1
	 	Alternate Engine Selection	  	SA-1
			
	 6-1162-ELP-0794
	 	*** Program***	  	
			
	 6-1162-ELP-0795
	 	*** Program***	  	
			
	 UAL-PA-03860-LA-1301368
	 	Performance Guarantees (787-10)	  	SA-1
			
	 UAL-PA-03860-LA-1301373
	 	787-10 Aircraft Open Configuration and Other Matters	  	SA-1
			
	 UAL-PA-03860-LA-1301375
	 	Provisions Relating to Customer’s *** for 787-10 Aircraft	  	SA-1
			
	 UAL-PA-03860-LA-1301377
	 	787-10 ***	  	SA-1
			
	 UAL-PA-03860-LA-1301380
	 	787-10 Program Launch	  	SA-1


  

					
	 P.A. 3860
	 	TABLE OF CONTENTS, Page 3 of 3	 	SA-3

 BOEING/UNITED AIRLINES, INC. PROPRIETARY 









			
	 SUPPLEMENTAL AGREEMENTS
	 	 DATED AS OF

		
	 Supplemental Agreement No. 1
	 	June 17, 2013
		
	 Supplemental Agreement No. 2
	 	December 16, 2013
		
	 Supplemental Agreement No. 3
	 	July 22, 2014


  

					
	 P.A. 3860
	 	TABLE OF CONTENTS, Page 1 of 3	 	SA-3

 BOEING/UNITED AIRLINES, INC. PROPRIETARY 








 Table 1 to Purchase Agreement No. 3860 

*** 787-9 *** Aircraft Executed via SA-1 

FOR APBP PURPOSES ONLY: UNTIL *** PRIOR TO APPLICABLE AIRCRAFT DELIVERY 

 

																					
	 Airframe Model/MTOW:
	  	787-8	  	 	 *** pounds	 	  	Detail Specification:	  	 	*	** 	 				 			
	 Engine Model/Thrust:
	  	GENX-1B***	  	 	 *** 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:
	  		  	 	$***	  	  	Engine Escalation Data:	  				 				 			
	 Seller Purchased Equipment (SPE) Estimate:
	  		  	 	$***	  	  	Base Year Index (ECI):	  				 	 	*	** 	 			
	 In Flight Entertainment (IFE) Fixed$:
	  		  	 	$***	  	  	Base Year Index (CPI):	  				 	 	*	** 	 			

  

																																											
	 Delivery

Date
	 	 ***
Prior
to
Applicable
Delivery
	 	Number of
Aircraft	 	 	Escalation
Factor
(Airframe)	 	 	Escalation
Factor
(Engine)	 	 	 	 	 	Serial
Number	 	 	Escalation
Estimate Adv
Payment Base
Price Per A/P	 	 	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	 	 	 	 	 	  
	 	 	 	 	***	 	 	***	 	 	***	 	 	***	 
	 ***
	 	***	 	 	***	  	 	 	***	  	 	 	***	  	 	 	*	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  
	 ***
	 	***	 	 	***	  	 	 	***	  	 	 	***	  	 	 	*	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  
	 ***
	 	***	 	 	***	  	 	 	***	  	 	 	***	  	 	 	**	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  
	 ***
	 	***	 	 	***	  	 	 	***	  	 	 	***	  	 	 	**	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  
	 ***
	 	***	 	 	***	  	 	 	***	  	 	 	***	  	 	 	**	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  	 	 	***	  
	 Total
	 		 	 	***	  	 			

 * *** Escalation Factors *** 
 **
*** Escalation Factors *** 
  

					
		  	Boeing Proprietary 	  	Table 1 787-9 - APBP > *** Prior Page 1, SA-3








 Table 1 to Purchase Agreement No. 3860 

787-9 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments 

APBP beginning *** prior to applicable delivery for *** 787-9 aircraft only 

 

																			
	 Airframe Model/MTOW:
	  	 	787-9	  	  	 	***pounds	  	  	Detail Specification:	  	 	*	** 	 			
	 Engine Model/Thrust:
	  	 	GENX-1B***1	  	  	 	*** 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:
	  				  	 	$***	  	  	Engine Escalation Data:	  				 			
	 Seller Purchased Equipment (SPE) Estimate:
	  				  	 	$***	  	  	Base Year Index (ECI):	  	 	*	** 	 			
	 In Flight Entertainment (IFE) Estimate:
	  				  	 	$***	  	  	Base Year Index (CPI):	  	 	*	** 	 			

  

																							
	 Delivery

Date
	  	 ***

Prior to
Applicable
Delivery
	  	 Number of
Aircraft
	  	 Escalation
Factor
(Airframe)
	  	 Escalation
Factor
(Engine)
	  	 	  	 Serial
Number
	  	 Escalation
Estimate

Adv Payment
Base

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

	  	  	  	  	  	 	  	  	  	 ***
	  	 ***
	  	 ***
	  	 ***

	 ***
	  	***	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 Total
	  		  	***	  		  		  		  		  		  		  		  		  	

 1 *** on a *** to delivery GEnx-1B*** thrust rating at the GEnx-1B*** price. 

* *** Escalation Factors *** 
 ** *** Escalation Factors *** 

 

					
		  	Boeing Proprietary 	  	Table 1 787-9 with GENX-1B*** Engines Page 1, SA-3








 Table 1 to Purchase Agreement No. 3860 

787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments 

(787-10/GE/***) 
  

																					
	 Airframe Model/MTOW:
	  	787-10	 	 	*** pounds	  	 	Detail Specification:	  	 	*	** 	 				 			
	 Engine Model/Thrust:
	  	GENX-1B***1	 	 	*** 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:
	  		 	$	***	  	 	Engine Escalation Data:	  				 				 			
	 In-Flight Entertainment (IFE) Estimate:
	  		 	$	***	  	 	Base Year Index (ECI):	  				 	 	*	** 	 			
		  		 				 	Base Year Index (CPI):	  				 	 	*	** 	 			
	 Refundable Deposit/Aircraft at Proposal Accept:
	  		 	$	***	  	 		  				 				 			

  

																																							
	 Delivery
Date
	  	 Number of
Aircraft
	  	Escalation
Factor
(Airframe)	 	  	Escalation
Factor
(Engine)	 	  	 	 	  	Serial
Number	 	  	Escalation Estimate
Adv Payment Base
Price Per A/P	 	  	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):	 
	  	  	  	  	  
	 	  	  	  	***	 	  	***	 	  	***	 	  	***	 
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  
	 ***
	  	***	  	 	***	  	  	 	***	  	  	 	*	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  	  	 	***	  

  

					
		 	Boeing Proprietary	 	787-10 with GE Engines Table 1 to SA-3, Page 1








 Table 1 to Purchase Agreement No. 3860 

787-10 Aircraft with GENX-1B*** Engines Delivery, Description, Price and Advance Payments 

(787-10/GE/***) 
  

																					
	 Delivery Date
	  	 Number of
Aircraft
	  	 Escalation
Factor
(Airframe)
	  	 Escalation
Factor
(Engine)
	  	 	  	 Serial
Number
	  	
Escalation Estimate
Adv Payment Base
Price Per A/P
	  	
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	  	  	  	  	  
	  	  	  	 ***
	  	 ***
	  	 ***
	  	 ***

	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	*	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 ***
	  	***	  	***	  	***	  	**	  	***	  	***	  	***	  	***	  	***	  	***
	 Total
	  	***	  		  		  		  		  		  		  		  		  	

  

	1***	  on a *** to delivery GEnx-1B*** thrust rating at the GEnx-1B*** price. 

 * ***
  Escalation Factors *** 
 ** ***   Escalation Factors *** 
  

					
		 	Boeing Proprietary	 	787-10 with GE Engines Table 1 to SA-3, Page 2