Exhibit






	
	
	Supplemental Agreement No. 104

	 

	to

	 

	Purchase Agreement No. 1810

	 

	between

	 

	THE BOEING COMPANY

	 

	and

	 

	SOUTHWEST AIRLINES CO.

	 

	Relating to Boeing Model 737-7H4 and 737-8H4 Aircraft






THIS SUPPLEMENTAL AGREEMENT No. 104 (SA-104) is entered into as of February 22, 2018, by and between THE BOEING COMPANY, a Delaware corporation with principal offices in Seattle, Washington (Boeing) and SOUTHWEST AIRLINES CO., a Texas corporation with principal offices in Dallas, Texas (Buyer).
	
	
	RECITALS:






WHEREAS, Buyer and Boeing entered into Purchase Agreement No. 1810 dated January 19, 1994, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing Model 737-7H4 aircraft (737-7H4 Aircraft) and 737-8H4 aircraft (737-8H4 Aircraft), collectively the “Aircraft”.  This SA-104 is an amendment to and is incorporated into the Purchase Agreement.  Capitalized terms used herein but not otherwise defined shall have the meaning set forth in the Purchase Agreement; and


WHEREAS, Boeing and Buyer agree to amend the Purchase Agreement by revising the delivery month of one (1) Model 737-8H4 Aircraft identified by MSN 64348 (Subject Aircraft) from July 2018 to August 2018.


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 (attached), which lists the table revised by this SA-104 and is identified by “SA-104”.  Such revised Table of Contents, by this reference, is incorporated in the Purchase Agreement.
    


***Pursuant to 17 CFR 240.24b-2, confidential information has been omitted and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission.














	
			
	P.A. No. 1810


	SA-104-1


	 

	 
	BOEING PROPRIETARY


	 









2.  TABLES.


Table 1d, Aircraft Information Table - Block 800LUV Aircraft (non-ETOPS Configuration), is deleted in its entirety and replaced by a new Table 1d (attached).  The new Table 1d reflects the revised delivery month for one (1) Aircraft.


3.  LETTER AGREEMENT.


Letter Agreement No. SWA-PA-1810-LA-1801210, entitled “Revision to Contract Delivery Month of One (1) 737-8H4 (MSN64348),” is hereby incorporated into the Purchase Agreement.




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






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


	
		
	THE BOEING COMPANY
	SOUTHWEST AIRLINES CO.

	 
	 

	By: /s/ Kyle Kersavage
	By: /s/ Chris Monroe

	 
	 

	Its: Attorney‐In‐Fact
	Its: Chris Monroe

	 
	      SVP, Finance












	
			
	P.A. No. 1810


	SA-104-2


	 

	 
	BOEING PROPRIETARY


	 










	
			
	              TABLE OF CONTENTS

	 
	Page
	SA

	 
	Number
	Number






	
				
	ARTICLES


	 
	 
	 

	 
	 
	 
	 

	1.
	Subject Matter of Sale
	1-1
	SA-92

	 
	 
	 
	 

	2.
	Delivery, Title and Risk
	 
	 

	 
	of Loss
	2-1
	SA-28

	 
	 
	 
	 

	3.
	Price of Aircraft
	3‐1
	SA-92

	 
	 
	 
	 

	4.
	Taxes
	4-1
	 

	 
	 
	 
	 

	5.
	Payment
	5‐1
	 

	 
	 
	 
	 

	6.
	Excusable Delay
	6‐1
	 

	 
	 
	 
	 

	7.
	Changes to the Detail
	 
	 

	 
	Specification
	7-1
	SA-73

	 
	 
	 
	 

	8.
	Federal Aviation Requirements and
	 
	 

	 
	Certificates and Export License
	8-1
	 

	 
	 
	 
	 

	9.
	Representatives, Inspection,
	 
	 

	 
	Flights and Test Data
	9-1
	 

	 
	 
	 
	 

	10.
	Assignment, Resale or Lease
	10‐1
	 

	 
	 
	 
	 

	11.
	Termination for Certain Events
	11‐1
	 

	 
	 
	 
	 

	12.
	Product Assurance; Disclaimer and
	 
	 

	 
	Release; Exclusion of Liabilities;
	 
	 

	 
	Customer Support; Indemnification
	 
	 

	 
	and Insurance
	12-1
	 

	 
	 
	 
	 

	13.
	Buyer Furnished Equipment and
	 
	 

	 
	Spare Parts
	13-1
	 

	 
	 
	 
	 

	14.
	Contractual Notices and Requests
	14‐1
	 

	 
	 
	 
	 

	15.
	Miscellaneous
	15‐1
	 








	
			
	P.A. No. 1810


	i
	 

	K/SWA
	 
	SA-104













	
		
	TABLE OF CONTENTS

	 
	SA

	 
	Number






	
	
	TABLE






	
			
	1b 
	Aircraft Information Table - Block 800LUV Aircraft
	SA-82

	 

	1c 
	Aircraft Information Table - Block 800LUV Aircraft
	SA-100

	 
	(non-ETOPS Configuration)

	 

	1d 
	Aircraft Information Table - Block 800LUV Aircraft
	SA-104

	 
	(non-ETOPS Configuration)

	 






	
	
	EXHIBITS






	
				
	A-6 
	Aircraft Configuration - Block 800LUV Aircraft
	SA-75

	 

	A-7 
	Aircraft Configuration - Block 800LUV Aircraft
	SA-84

	 
	(non-ETOPS Configuration)

	 

	B 
	***
	SA-75

	 

	C 
	Customer Support Document

	 

	C-2 
	737-800 Customer Support Document
	SA-75

	 

	D-2
	Economic Price Adjustment
	SA-75

	 
	ECI-MFG/CPI (July 2011 Base Price)

	 

	E
	Buyer Furnished Equipment
	SA-75

	 
	Provisions Document

	 
	Attachment A - 737-7H4 Aircraft (through 2012)

	 
	Attachment B - 737-8H4 Aircraft (2012-2018)
	SA-101

	 

	F 
	Defined Terms Document

	 
	 
	 
	 

	LETTER AGREEMENTS
	 
	 

	 
	 
	 
	 

	1810-1R1
	Waiver of Aircraft Demonstration Flight
	SA-75
















	
			
	P.A. No. 1810


	ii
	 

	K/SWA
	 
	SA-104











	
		
	TABLE OF CONTENTS

	 
	SA

	 
	Number




    
	
				
	RESTRICTED LETTER AGREEMENTS


	 

	 
	 
	 
	 

	6‐1162‐RLL‐932R3
	***
	SA-75

	 

	6‐1162‐RLL‐934R5
	Disclosure of Confidential Information
	SA-75

	 

	6‐1162‐RLL‐941R3
	Other Matters
	SA-75

	 

	6-1162-KJJ-055R1
	Structural Matters
	SA-25

	 

	6-1162-KJJ-056
	Noise and Emission Matters
	SA-13

	 

	6-1162-KJJ-057
	Product Development Matters
	SA-13

	 

	SWA-PA-1810-LA-1001315R4
	***
	SA-92

	 
	Attachment A
	SA-100

	 

	SWA-PA-1810-LA-1003498R1
	***
	SA-75

	 

	SWA-PA-1810-LA-1003490R4
	***
	SA-92

	 

	SWA-PA-1810-LA-1003367R1
	***
	SA-75

	 

	SWA-PA-1810-LA-1105883
	Aircraft Model Substitution
	SA-75

	 

	SWA-PA-1810-LA-1105885R3
	***
	SA-90

	 

	SWA-PA-1810-LA-1105886R2
	***
	SA-92

	 
	 

	 

	SWA-PA-1810-LA-1105887
	***
	SA-75

	 
	 

	 

	SWA-PA-1810-LA-1105888R5
	***
	SA-92

	 

	SWA-PA-1810-LA-1105889
	***
	SA-75

	 

	SWA-PA-1810-LA-1303010R1
	***
	SA-92

	 

	SWA-PA-1810-LA-1504814
	***
	SA-92

	 

	SWA-PA-1810-LA-1801210
	Revision to Contract delivery Month of
	SA-104

	 
	One (1) 737-8H4 (MSN 64348)
	 














	
			
	P.A. No. 1810


	iii
	 

	K/SWA
	 
	SA-104















TABLE OF CONTENTS




	
		
	ADDITIONAL LETTERS (FOR REFERENCE) - INACTIVE (as of SA-82)

	6-1162-MSA-288
	Business Offer - Enhanced Ground Proximity

	 
	Warning System (EGPWS) - Activiation - Peaks

	 
	and Obstacles Feature

	 
	(Not applicable to Block 700LUV & Block 800LUV Aircraft)

	 
	 

	6-1162-JMG-501R2
	Business Offer - ACARS package

	 
	(Not applicable to Block 700LUV & Block 800LUV Aircraft)






	
	
	INACTIVE / DELETED TABLES, EXHIBITS, AND LETTER AGREEMENTS




	
				
	TABLE


	 
	 
	 

	 
	 
	 
	 

	Table
	Title
	Last Updated under SA
	Current Status

	1
	Aircraft Information Table
	SA-75
	Inactive

	2
	Option Aircraft Information Table
	SA-74
	Deleted under SA-75

	1a
	Aircraft Information Table - Block 700LUV Aircraft
	SA-91
	Deleted Under SA-92






	
				
	EXHIBITS


	 
	 
	 

	 
	 
	 
	 

	Exhibits
	Title
	Last Updated 
under SA
	Current Status

	A
	Aircraft Configuration - 737-700
	SA-36
	Inactive

	A-Winglet
	Aircraft Configuration
	SA-36
	Inactive

	A-1-Winglet
	Aircraft Configuration
	SA-36
	Inactive

	A-1A
	Aircraft Configuration - 737-700 Block T-W-2c
	SA-36
	Inactive

	A-2
	Aircraft Configuration - 737-700 Block T-W-2 / T-W-2a
	SA-47
	Inactive

	A-3
	Aircraft Configuration - 737-700 Block T-W-2 / T-W-2a
	SA-61
	Inactive

	A-4
	Aircraft Configuration - 737-700 Block T-W-2b Aircraft
	SA-66
	Inactive

	A-5
	Aircraft Configuration - Block 700LUV Aircraft
	SA-75
	Deleted under SA-92

	C.2
	737-800 Customer Support Variables
	SA-71
	Deleted under SA-75

	D
	Price Adjustment Due to
Economic Fluctuations - Aircraft Price Adjustment
(July 1992 Base Price)
	 
	Inactive








	
			
	P.A. No. 1810


	iv
	 

	K/SWA
	 
	SA-104















	
				
	TABLE OF CONTENTS



	Exhibits
	Title
	Last Updated under SA
	Current Status

	D-1
	Price Adjustment Due to
Economic Fluctuations - 
Aircraft Price Adjustment
(July 1999 Base Price)


	SA-13
	Inactive

	E.2


	737-800 Buyer Furnished Equipment Provisions Document


	SA-73


	Deleted under SA-75






	
				
	RESTRICTED LETTER AGREEMENTS 


	 
	 

	 
	 
	 
	 

	Letter Agreement
	Title
	Last Updated under SA
	Current Status

	6‐1162‐RLL‐933R21
	Option Aircraft
	SA-60
	Deleted under SA-75

	6‐1162‐RLL‐935R1  
	Performance Guarantees
	SA-1
	Inactive

	6‐1162‐RLL‐936R4
	Certain Contractual Matters
	SA-4
	Inactive

	6‐1162‐RLL‐937
	Alternate Advance Payment Schedule
	 
	Inactive

	6‐1162‐RLL‐938
	***
	 
	Inactive

	6‐1162‐RLL‐939R1
	Certification Flight Test Aircraft
	SA-1
	Inactive

	6‐1162‐RLL‐940R1
	Training Matters
	SA-1
	Inactive

	6‐1162‐RLL‐942
	Open Configuration Matters
	 
	Inactive

	6‐1162‐RLL‐943R1
	Substitution Rights
	SA-6
	Deleted under SA 75

	6‐1162‐RLL‐944
	***
	 
	Inactive

	6-1162-RLL-945
	Comparison of 737-7H4 and 737-3H4 Block Fuel Burn
	 
	Inactive

	6-1162-RLL-1855R3
	Additional Contractual Matters
	SA-4
	Inactive

	6-1162-RLL-1856
	***
	SA-1
	Inactive

	6-1162-RLL-1857
	Service Ready Validation Program Field Test
	SA-1
	Inactive

	6-1162-RLL-1858R1
	Escalation Matters
	SA-4
	Inactive

	6-1162-RLL-2036
	Amortization of Costs for Customer Unique Changes
	SA-1
	Inactive

	6-1162-RLL-2037
	Reconciliation of the Aircraft Basic Price
	SA-1
	Inactive

	6-1162-RLL-2073
	Maintenance Training Matters
	SA-1
	Inactive

	6-1162-KJJ-058R1
	Additional Substitution Rights
	SA-71
	Deleted under SA-75














	
			
	P.A. No. 1810


	v
	 

	K/SWA
	 
	SA-104















	
				
	TABLE OF CONTENTS



	 
	 
	 
	 

	Letter Agreement
	Title
	Last Updated under SA
	Current Status

	6-1162-KJJ-150
	Flight Control Computer & Mode Control Panel Spares Matter
	SA-14
	Inactive

	6-1162-MSA-185R3
	Delivery Change Contractual Matters
	SA-21
	Inactive

	6-1162-JMG-747R1
	***
	SA-36
	Inactive

	6-1162-CHL-217
	Rescheduled Flight Test Aircraft
	SA-32
	Inactive

	6-1162-NIW-606R1
	***
	SA-36
	Inactive

	6-1162-NIW-640
	Early Delivery of Two April 2004  Aircraft
	SA-35
	Inactive

	6-1162-NIW-889
	Warranty - Exterior Color Schemes and Markings for YA143 and on 
	SA-39
	Inactive

	6-1162-NIW-1142
	***
	SA-43
	Inactive

	6-1162-NIW-1369
	***
	SA-46
	Inactive

	6-1162-NIW-1983
	***
	SA-62
	Inactive

	SWA-PA-1810-LA-1000419
	***
	SA-64
	Inactive

	6-1162-NIW-890R1
	***
	SA-75








SA-39
	Inactive

	6-1162-KJJ-054R2
	Business Matters
	SA-75
	Inactive

	6-1162-JMG-669R9
	***
	SA-75


SA-75
SA-54
	Inactive

	SWA-PA-1810-LA-02710R1
	***
	SA-72
	Inactive

	SWA-PA-01810/03729-LA-1301169
	***
	SA-2 to PA 3729
	Inactive

	SWA-PA-1810-LA-1105884R2


	Option Aircraft
	SA-92
	Deleted under SA-103






	
			
	P.A. No. 1810


	vi
	 

	K/SWA
	 
	SA-104












	
	
	Table 1d to

	Purchase Agreement No. PA-01810

	Aircraft Delivery, Description, Price and Advance Payments

	Block 800LUV Aircraft (non-ETOPS Configuration)




	
							
	Airframe Model/MTOW:
	737-800
	174,200 pounds
	 
	Detail Specification:
	D019A001SWA38 (1/9/2015)

	Engine Model/Thrust:
	CFM56-7B27
	27,300 pounds
	 
	Airframe Price Base Year/Escalation  Formula:
	Jul-11
	ECI-MFG/CPI

	Airframe Price:
	                         ***
	 
	Engine Price Base Year/Escalation  Formula:
	N/A
	N/A

	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:
	***
	 
	 
	 
	 

	Deposit per Exercised Option Aircraft (OPEX): 


	***
	 
	 
	 
	 




	
											
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	



Delivery


Date
	



Number of


Aircraft
	Escalation


Factor


(Airframe)
	Aircraft 


Serial 


Number
	



Escalation


Forecast
	 
	Escalation Estimate


Adv Payment Base


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

	

At Signing


***
	

24 Mos.


***
	

21/18/12/9/6 Mos.


***
	

Total


***

	Dec-2016
	2
	***
	63593, 63594
	***
	OPEX
	***
	***
	***
	***
	***

	May-2017
	1
	***
	63592
	***
	OPEX
	***
	***
	***
	***
	***

	May-2017
	1
	***
	63575
	***
	 
	***
	***
	***
	***
	***

	May-2017
	1
	***
	63576
	***
	 
	***
	***
	***
	***
	***

	Jun-2017
	2
	***
	63577, 63578
	***
	 
	***
	***
	***
	***
	***

	Jun-2017
	3
	***
	63596, 63595,
63598
	***
	OPEX
	***
	***
	***
	***
	***

	Jun-2017
	2
	***
	63571, 63586
	***
	 
	***
	***
	***
	***
	***

	Jun-2017
	1
	***
	63599
	***
	OPEX
	***
	***
	***
	***
	***

	Jul-2017
	1
	***
	63581
	***
	 
	***
	***
	***
	***
	***

	Aug-2017
	1
	***
	63587
	***
	 
	***
	***
	***
	***
	***

	Aug-2017
	2
	***
	63573, 63574
	***
	 
	***
	***
	***
	***
	***

	Sep-2017
	1
	***
	63572
	***
	 
	***
	***
	***
	***
	***






	
			
	 
	 
	SA-104

	SWA-PA-01810 82233 / 88233 93899
	Boeing Proprietary
	Page 1













	
	
	Table 1d to

	Purchase Agreement No. PA-01810

	Aircraft Delivery, Description, Price and Advance Payments

	Block 800LUV Aircraft (non-ETOPS Configuration)




	
											
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	



Delivery


Date
	



Number of


Aircraft
	Escalation


Factor


(Airframe)
	Aircraft 


Serial 


Number
	



Escalation


Forecast
	 
	Escalation Estimate


Adv Payment Base


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

	

At Signing


***
	

24 Mos.


***
	

21/18/12/9/6 Mos.


***
	

Total


***

	Oct-2017
	1
	***
	63579
	***
	 
	***
	***
	***
	***
	***

	Oct-2017
	1
	***
	63597
	***
	OPEX
	***
	***
	***
	***
	***

	Nov-2017
	1
	***
	63580
	***
	 
	***
	***
	***
	***
	***

	Dec-2017
	2
	***
	63582, 63583
	***
	 
	***
	***
	***
	***
	***

	Dec-2017
	4
	***
	63600, 63601, 63602, 36993
	***
	OPEX
	***
	***
	***
	***
	***

	Jan-2018
	1
	***
	64115
	***
	OPEX
	***
	***
	***
	***
	***

	Jan-2018
	2
	***
	63584, 63585
	***
	 
	***
	***
	***
	***
	***

	Feb-2018
	2
	***
	64171, 64172
	***
	OPEX
	***
	***
	***
	***
	***

	Mar-2018
	1
	***
	64174
	***
	OPEX
	***
	***
	***
	***
	***

	Apr-2018
	1
	***
	64248
	***
	OPEX
	***
	***
	***
	***
	***

	May-2018
	2
	***
	63588, 63589
	***
	 
	***
	***
	***
	***
	***

	May-2018
	2
	***
	64251, 64250
	***
	OPEX
	***
	***
	***
	***
	***

	Jun-2018
	2
	***
	63590, 63591
	***
	 
	***
	***
	***
	***
	***

	Jun-2018
	2
	***
	64350, 64349
	***
	OPEX
	***
	***
	***
	***
	***

	Jul-2018
	1
	***
	64347
	***
	OPEX
	***
	***
	***
	***
	***

	Aug-2018
	1
	***
	64348
	***
	OPEX
	***
	***
	***
	***
	***

	Aug-2018
	3
	***
	64799, 64800,
64801
	***
	OPEX
	***
	***
	***
	***
	***




	
			
	Total:
	 
	47






Notes:
1)  ***
2)  MSN 64348, above is revised to an August delivery.  ***




	
			
	 
	 
	SA-104

	SWA-PA-01810 82233 / 88233 93899
	Boeing Proprietary
	Page 2









	
			
	
	 
	The Boeing Company

	 
	P. O. Box 3707

	 
	Seattle, WA  98124-2207

	 
	 













SWA-PA-1810-LA-1801210




Southwest Airlines Co.
2702 Love Field Drive
P.O. Box 36611
Dallas, Texas 75235


		
	Subject:
	Revision to Contract Delivery Month of One (1) 737-8H4 (MSN 64348) 




		
	Reference:
	Purchase Agreement No. PA-1810 (Purchase Agreement) between The Boeing Company (Boeing) and Southwest Airlines Co. (Customer) relating to Model 737-7H4 and 737-8H4 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.


		
	1.
	Re-contracted Firm Aircraft.




Customer and Boeing have agreed to revise the delivery date (month) of the subject aircraft from July 2018 to August 2018 (Re-contracted Firm Aircraft).  In consideration of the Re-contracted Firm Aircraft, Customer will ***


		
	2.
	Confidential Treatment.




Customer understands and agrees that the information contained herein represents confidential business information and has value precisely because it is not available generally or to other parties.  Customer agrees to limit the disclosure of the contents of this Letter Agreement 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 Article) without the prior written consent of Boeing and (c) any auditors and attorneys 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 Article, or are otherwise bound by a confidentiality obligation. Disclosure to other parties is not permitted without Boeing’s consent except as may be required by applicable law or governmental regulations. Customer shall be fully responsible to Boeing for compliance with such obligations.


	
			
	 
	 
	Page 1

	 
	BOEING PROPRIETARY


	 








	
			
	
	 
	 

	 
	 

	 
	 

	 
	 













Very truly yours,


	
			
	THE BOEING COMPANY

	 
	 

	By
	/s/ Kyle Kersavage



	Its
	Attorney‐In‐Fact

	 
	 
	 

	ACCEPTED AND AGREED TO this

	 
	 

	Date:
	February 22, 2018

	 

	SOUTHWEST AIRLINES CO.

	 
	 

	By
	/s/ Chris Monroe

	 
	 

	Its
	Chris Monroe

	 
	SVP, Finance








	
			
	SWA-PA-1810-LA-1801210
	 
	Page 2

	 
	BOEING PROPRIETARY