Document:

EX-10.3

 Exhibit 10.3 

Execution Copy 
 FIRST
AMENDING AGREEMENT 
 This agreement (the “Agreement”) dated as of October 21, 2014 made by
ZELLSTOFF CELGAR LIMITED PARTNERSHIP, a limited partnership organized and subsisting under the laws of British Columbia, as borrower (the “Borrower”) and MERCER INTERNATIONAL INC., as guarantor (the
“Guarantor”) and CANADIAN IMPERIAL BANK OF COMMERCE, in its capacity as agent (the “Agent”) and as lender (together with certain other lenders from time to time party to the Credit Agreement, the
“Lenders”). 
 WHEREAS the Lenders extended certain credit facilities to the Borrower pursuant to
and in accordance with the terms and conditions of a second amended and restated credit agreement dated as of May 2, 2013 between the Agent, the Lenders and the Borrower (as amended, supplemented or otherwise modified or restated from time to
time, the “Credit Agreement”) and the Guarantor has guaranteed the Obligations of the Borrower thereunder; 

AND WHEREAS the Borrower has requested certain amendments to the Credit Agreement and the Agent and the Lenders have
consented to and agreed to make such amendments on the terms and conditions set out herein; 
 NOW THEREFORE THIS
AGREEMENT WITNESSETH that, for good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged by each of the parties), the parties hereby agree as follows: 

Section 1.        Definitions.    All terms
not otherwise defined herein shall have the meaning given to them in the Credit Agreement. 

Section 2.        Credit Facility
Amendment.    The parties hereto agree that upon satisfaction by the Borrower of the conditions set out in Section 3 hereof, the Credit Agreement shall be amended as follows: 

 

	 	(a)	 Section 1.1 shall be amended by deleting the reference to “1.75%” in the definition of “Acceptance Fee” and replacing it
with “1.50%”; 

  

	 	(b)	 Section 1.1 shall be amended by deleting the definition of “Borrowing Base” and replacing such definition with the following
definition (with “Exhibit A, Form of Borrowing Base Report” being amended concurrently to reflect such changes): 

““Borrowing Base” means, at any time, an amount (which may not be less than zero) equal to the
sum, without duplication, of (i) 85% of the aggregate amount of all Eligible Accounts (other than Insured Accounts) and 90% of the aggregate amount of all Eligible Accounts which are Insured Accounts, plus (ii) the lesser of (a) 70%
of all Eligible Inventory consisting of finished goods (valued at the lower of cost (on a first in, first out basis and excluding any component of cost representing intercompany profit in the case of Inventory acquired from an Affiliate) or market
basis in accordance with GAAP) and (b) 85% of the appraised net orderly liquidation value of all Eligible Inventory consisting of finished goods, plus (iii) the lesser of (a) 70% of all Eligible Inventory consisting of raw materials
(valued at the lower of cost (on a first in, first out basis and excluding any component of cost representing intercompany profit in the case of Inventory acquired from an Affiliate) or market basis in accordance with GAAP) and (b) 85% of the
appraised net orderly liquidation value of all Eligible Inventory consisting of raw materials, plus (iv) the lesser of (a) 70% of all Eligible Inventory consisting of work-in-progress (valued at the lower cost (on a first in, first out
basis and excluding any component of cost representing intercompany profit in the case of Inventory acquired from an Affiliate) or market basis in accordance with GAAP), (b) 85% of the appraised net orderly liquidation value of all Eligible
Inventory consisting of work-in-progress, and (c) $200,000; minus (v) an amount equal to all Priority Payables, and minus (vi) an amount equal to all other Availability Reserves.”; 

  
 - 2 - 

 

	 	(c)	 Section 1.1 shall be amended by deleting the definition of “Early Termination Fee” and replacing such definition with the following
definition: 

 ““Early Termination Fee” means the fee due and payable by the
Borrower to the Agent on behalf of the Lenders in the event of termination of this Agreement or reduction of the Commitment on a date prior to the Maturity Date by the Borrower or, upon the occurrence of an Event of Default, by the Agent, as
determined by multiplying (a) $40,000,000, in the case of termination of this Agreement or the Commitment; or (b) the amount by which the Commitment is reduced, in the case of the reduction of the Commitment, by (i) 0.50% if the
Commitment is cancelled or reduced at any time on or prior to October 21, 2015, (ii) 0.25% if the Commitment is cancelled or reduced at any time following October 21, 2015 but on or prior to October 21, 2016, and (iii) 0.0%
if the Commitment is cancelled or reduced at any time following October 21, 2016.”; 
  

	 	(d)	 Section 1.1 shall be amended by deleting the definition of “Maturity Date” and replacing such definition with the following
definition: 

 ““Maturity Date” means May 2, 2019.”; 

 

	 	(e)	 Section 1.1 shall be amended by deleting the definition of “Parent Credit Agreement” and replacing such definition with the
following definition: 

 ““Parent Credit Agreement” means any credit or financing
agreement now or hereafter entered into by the Borrower in favour of the Parent evidencing the Parent Subordinated Debt, at all times subject to the Subordination Agreement.”; 

 

	 	(f)	 Section 1.1 shall be amended by deleting the definition of “Parent Subordinated Debt” and replacing such definition with the
following definition: 

 ““Parent Subordinated Debt” means unsecured Indebtedness
of the Borrower, up to an aggregate amount of US$15,000,000, owing to the Parent from time to time, which shall at all times be subordinated to the Loans.”; 
  

	 	(g)	 Section 1.1 shall be amended by deleting the definition of “Scheduled Capital Expenditures”; 

 

	 	(h)	 Section 2.5(a) shall be deleted and replaced with the following: 

“2.5(a) The Loans comprising each Canadian Prime Borrowing shall bear interest (computed on the basis of
the actual number of days elapsed over a year of 365 or 366 days, as the case may be) at a rate per annum equal to the Canadian Prime Rate. The Loans comprising each Base Rate Borrowing shall bear interest (computed on the basis of the actual number
of days elapsed over a year of 360 days) at a rate per annum equal to the Base Rate. The Loans comprising each LIBO Rate Borrowing shall bear interest (computed on the basis of the actual number of days in the relevant Interest Period over a year of
360 days) at the LIBO Rate for the Interest Period in effect for such LIBO Rate Borrowing, plus 1.50%. The Loans comprising each B/A Borrowing shall be subject to the Acceptance Fee which shall be payable as set out in Section 2.11.”;

  
 - 3 - 

 
  

	 	(i)	 Section 2.6(b) shall be amended by adding the following text to the end of the Section: 

“Notwithstanding the foregoing, no Early Termination Fee shall be payable if the Borrower enters into financing
arrangements with CIBC concurrently with the effectiveness of such cancellation, The Agent shall promptly notify each Lender of the receipt by the Agent of any such notice. Any such cancellation shall be applied rateably in respect of the
Commitments of each Lender. Each notice delivered by the Borrower pursuant to this Section 2.6(b) shall be irrevocable.”; 
  

	 	(j)	 Section 2.10(a) shall be amended by deleting the reference to “0.35%” in the Section and replacing it with “0.25%”;

  

	 	(k)	 Section 2.10(b) shall be amended by deleting the reference to “1.50%” in the Section and replacing it with “1.25%”;

  

	 	(l)	 Sub-sections 5.1(h),(n) and (r) shall be amended by deleting in each Section reference to “$12,000,000” and replacing each with
reference to “12.5% of the Borrowing Base, as set out in the most recently delivered Borrowing Base Report in accordance with Section 5.1(g)(i) or Section 5.1(h)(i)”; 

 

	 	(m)	 Section 5.13 shall be amended by deleting the Section and replacing the Section with the following: 

“[Intentionally Deleted]”; and 
  

	 	(n)	 Section 6.14 shall be amended by deleting the Section and replacing the Section with the following: 

“[Intentionally Deleted]”. 

Section 3.        Conditions Precedent.    The
obligations of the Lenders to amend the Credit Agreement pursuant to this Agreement are subject to the conditions precedent that, as at the date hereof, in respect of the said amendments with respect to the said consent: 

 

	 	(a)	 there is no Default or Event of Default which has occurred and is continuing; 

 

	 	(b)	 the representations and warranties set out in Section 3 of the Credit Agreement are true and correct as of the date hereof (except where such
representation or warranty refers to a different date); 

  

	 	(c)	 the Borrower shall have paid the Agent the facility fee referenced in the Fee Letter dated as of the date hereof by and between CIBC and the
Borrower, which fee shall be payable and be deemed to have been earned by the Agent immediately upon satisfaction of the conditions precedent contained in this Section 3 of this Agreement, together with all fees and out of pocket expenses
incurred by the Agent (including the reasonable and documented fees and disbursements of its legal counsel) in connection with this Agreement. The Agent is authorized to the charge the loan account of the Borrower for the amount of such fees; and

  
 - 4 - 

 

	 	(d)	 the Agent shall have received an executed legal opinion of Sangra Moller LLP, counsel to the Borrower, covering such matters as the Agent may
request. 

Section 4.        Confirmation.    Each of the
Borrower and the Guarantor hereby acknowledges, confirms and agrees that notwithstanding the terms and conditions hereof and the execution and delivery of this Agreement and whether or not any conditions precedent contained herein have been
fulfilled: 
  

	 	(a)	 all adjustments or modifications to the obligations underlying the Guarantee granted by the Guarantor in favour of the Agent are permitted under
the terms and conditions of such Guarantee; 

  

	 	(b)	 the Guarantee granted by the Guarantor in favour of the Agent and all indemnities granted by the Guarantor in favour of the Agent remain in full
force and effect as valid and binding in accordance with their terms without impairment or novation thereof; and 

  

	 	(c)	 save as otherwise indicated herein, all Security Documents granted by a Person whether as borrower or guarantor under the Credit Agreement continue
in full force and effect unamended and shall, in each such case, be deemed to be granted as security for all present and future debts and liabilities, direct or indirect or otherwise now or at any time or from time to time hereafter due or owing
from such Person (in accordance with the terms of such Security Documents) to the Agent for and on behalf of the Lenders, the Lender or any of them under the Credit Agreement and the Loan Documents to which such Person is a party (provided that
nothing herein shall amend any limit on liability of such Person set forth in such Security Documents). 

Section 5.        Acknowledgement.    Each of
the parties hereto acknowledges and agrees that except as otherwise expressly indicated herein, the Credit Agreement and Loan Documents shall continue unamended and without novation and remain in full force and effect and, except as amended and
supplemented by this Agreement, the Security Documents and the other Loan Documents are in all respects confirmed, ratified and preserved. Subject to the Credit Agreement, the provisions of this Agreement shall not operate to in any way limit or
otherwise restrict the rights and remedies of the Agent, the Lenders, or any of them in respect of payment and performance of any indebtedness, liabilities or obligations of the Borrower or Guarantor or either of them or any other Person to it or
them under the Credit Agreement. 
 Section 6.        Further
Assurances.    The Borrower and the Guarantor shall, at all times hereafter at the reasonable request of the Agent for and on behalf of the Lenders execute and deliver to the Agent for and on behalf of the Lenders all such
further documents and instruments and shall do and perform such acts as may be necessary to give full effect to the intent and meaning of this Agreement including without limitation, all such further documents, certificates and instruments as
considered necessary or desirable by the Agent for and on behalf of the Lenders to preserve, protect or perfect the Security Documents and the Borrower acknowledges and agrees that a default hereunder shall constitute a Default and Event of Default
under the Credit Agreement. 
 Section 7.        Successors and
Assigns.    This Agreement shall be binding upon the Borrower and the Guarantor and their respective successors and permitted assigns and shall enure to the benefit of the Agent and the Lenders and their respective successors
and assigns. 

  
 - 5 - 

 

Section 8.        Severability.    The
provisions of this Agreement are intended to be severable. If any provision hereof is held to be invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such
invalidity or unenforceability without in any manner affecting the validity or enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 

Section 9.        Survival of Representations, Warranties and
Covenants.    All agreements, representations, warranties, indemnities and covenants made by any party in this Agreement or in any certificate, instrument or document delivered by or on behalf of a party pursuant hereto shall
be considered to have been relied upon by the recipient thereof notwithstanding any investigation made at any time by or on behalf of such recipient and shall survive the execution and delivery of this Agreement and continue in full force and effect
without termination. 
 Section 10.        Governing
Law.    This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia and Canada applicable therein and shall be treated in all respects as a British Columbia contract. 

Section 11.        Counterparts.    This
Agreement may be executed in counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed an original and all of which, taken together, shall constitute one and the same instrument. 

[Signature page follows on the next following page] 

 IN WITNESS WHEREOF the parties hereto have hereunto set their hands and
seals as of the day and year first above written. 
  

							
	 ZELLSTOFF CELGAR LIMITED

PARTNERSHIP, by its General Partner,

ZELLSTOFF CELGAR LIMITED
	  	 CANADIAN IMPERIAL BANK OF

COMMERCE, as Agent and Lender

				
	 Per:
	  	
                             
                                         
  
	  	 Per:
	  	
                             
                                         
  

	 Name:
	  		  	 Name:
	  	
	 Title:
	  		  	 Title:
	  	
				
		  	
                             
                                         
  
	  	 Per:
	  	
                             
                                         
  

		  		  	 Name:
	  	
		  		  	 Title:
	  	
		
	MERCER INTERNATIONAL INC.	  	
				
	 Per:
	  	
                             
                                         
  
	  		  	
                             
                                         
  

	 Name:
	  		  		  	
	 Title:
	  		  		  	

 Signature Page to Amending AgreementSPR_2014.10.02-EX10.1 (1)

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

                                            
Exhibit 10.1
SBP-MS-65530-0016
Amendment No. 9

AMENDMENT 9 
TO 
SPECIAL BUSINESS PROVISIONS SBP-MS-65530-0016 
BETWEEN 
THE BOEING COMPANY 
AND 
SPIRIT AEROSYSTEMS, INC.
This Amendment (“Amendment”) to Special Business Provisions SBP-MS-65530-0016 is entered into as of September 4, 2014 between Spirit AeroSystems, Inc., a Delaware corporation, with its principal office in Wichita, Kansas (“Seller”) and The Boeing Company, a Delaware Corporation (“Boeing”).  Hereinafter, the Seller and Boeing may be referred to jointly as “Parties” hereto.  All capitalized terms used and not defined herein shall have the meanings assigned thereto in the SBP (as defined below).
Now, therefore, in consideration of the mutual covenants set forth herein, the Parties agree as follows:
RECITALS
		
	A.
	The Parties have entered into an agreement SBP-MS-65530-0016 (“SBP”), GTA-BCA-65530-0016 (“GTA”) and M-65530-0016 (AA) (together with all attachments and amendments thereto, the “Sustaining Contract”) for Seller to provide Products for certain current model Aircraft.

		
	B.
	Seller currently supplies Products to Boeing under the Sustaining Contract in support of the 737 model aircraft.

		
	C.
	Boeing is seeking to develop, design and manufacture an aircraft currently designated as the 737 MAX to be sold under the 737-7, 737-8 and 737-9 designations (the “737 MAX Program”, or “737 MAX”), and in connection therewith, the Parties have entered into a Memorandum of Agreement:  737 MAX Non-Recurring Agreement, dated April 7, 2014 (the “737 MAX MOA”).

		
	D.
	Pursuant to the 737 MAX MOA, the Parties will negotiate the transfer of the Titainium Inner Wall from Seller to Boeing, the terms of which the Parties will amend into the Sustaining Contract

		
	E.
	The Parties desire to modify Seller’s scope of work for the 737 MAX Program to transfer certain responsibility for the design and production of the Titanium Inner-Wall from Seller to Boeing, on the terms and conditions set forth herein.

AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, and for other good and valuable consideration, the value, receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows.
		
	1.
	Amendment of the SBP.  The SBP is hereby amended to include the following.  

		
	a.
	Section 3.6 is hereby added to the SBP as follows:

3.6    737 MAX Titanium Inner Wall Special Provisions 
The transfer of the statement of work comprising the Titainium Inner Wall for the 737 MAX is set forth in Attachment 25

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  1                                                                  Initials:  /s/MM /s EF

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

SBP-MS-65530-0016
Amendment No. 9

		
	b.
	Attachment 25, attached hereto as Exhibit A, is hereby added to the SBP.

		
	c.
	Attachment 16, attached hereto as Exhibit B, is hereby amended within the SBP to reflect transfer of the TI SOW.

		
	d.
	The Parties agree to include the following language in the Attachment 1 Parts and Prices file:  “Per Attachment 25, the 737 MAX Titanium Inner Wall is not subject to this Attachment 1.”

		
	2.
	This agreement may be changed only in writing by authorized representatives of Seller and Boeing.

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  2                                                                  Initials:  /s/MM /s EF

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

SBP-MS-65530-0016
Amendment No. 9
IN WITNESS WHEREOF, the duly authorized representatives of the Parties have executed this Agreement as of the date first set forth above.
 
BOEING                                                                                                        SELLER
THE BOEING COMPANY                        SPIRIT AEROSYSTEMS, INC.
Signature:  /s/ Eric Flagel                                                                                          Signature:  /s/ Mark Milan
Printed Name:  Eric Flagel                                                                                          Printed Name:  Eric Flagel    
Title:  Procurement Agent                                                                                          Title:  Sr. Contracts Manager
Date:  9/4/14                                                                                                    Date:  September 4, 2014

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  3                                                                  Initials:  /s/MM /s EF

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

SBP-MS-65530-0016
Amendment No. 9

EXHIBIT A
ATTACHMENT 25 TO SBP-MS-65530-0016
737 MAX TITANIUM INNER-WALL WORK TRANSFER 
AGREEMENT
		
	1.0
	APPLICABILITY

		
	1.1
	This Attachment 25 implements the terms of an agreement between the Parties under Amendment 9 of the SBP executed September 4, 2014 (“Execution Date”).  Attachment 25 pertains only to the 737 MAX Program Titanium Inner-Wall and does not alter any existing agreements or levels of responsibility, accountability and authority relating to other items in the SBP-MS-65530-0016 (“SBP”), GTA-BCA-65530-0016 (“GTA”) and AA-65530-0016 (AA) (together with all attachments and amendments thereto, the “Sustaining Contract”) .

		
	1.2
	The statement of work comprising the Titanium Inner-Wall (“TI SOW”) for the 737 MAX is set forth in 1.2.A below.  No part of the TI SOW includes or is intended to include the current 737 model work statement unrelated to the 737 MAX Program.

		
	A.
	The TI SOW includes the following assembly drawing numbers and all associated dash numbers:

[*****]    Titanium Panel Assy    EDP Configuration 
[*****]    Titanium Panel Assy    Production Configuration
		
	1.3
	Capitalized terms used herein but not otherwise defined shall have the meaning set forth in the Sustaining Contract.

		
	2.0
	TRANSFER OF TITANIUM INNER-WALL SOW

		
	2.1
	As of the Execution Date, Seller’s responsibility, accountability, duties, obligations, liabilities, rights, title, and interest in the TI SOW are hereby assigned and transferred to Boeing, including any liabilities for Follow-On Work as defined in Section 2.5 & 2.6 below.  Seller’s BSOW (under and as defined in the 737 MAX Non-Recurring Memorandum of Agreement dated April 7, 2014, the “737 MAX MOA”) and Sustaining Contract are hereby amended to reflect such assignment and transfer to remove the TI SOW.  The Follow-On Work to the TI SOW will be implemented in accordance with Sections 2.5 & 2.6.

		
	2.2
	For good and valuable consideration, the receipt of which is hereby acknowledged, Seller, as of the Execution Date, assigns to Buyer any and all right, title, interest it may have (if any) in all TI SOW Intellectual Property associated with the Titanium Inner-Wall.  Seller represents and warrants that no consents of any other parties, including without limitation GKN Aerospace Astech Engineered Products, Inc., are necessary or appropriate under any agreements or licenses concerning the TI SOW Intellectual Property associated with the Titanium Inner-Wall in order for the transfer and assignment of the TI SOW Intellectual Property under this Attachment 25 to be legally effective.  Seller further agrees to provide support in connection with any proceeding affecting the right, title, or interest of Boeing and to perform any other actions deemed reasonably necessary to carry out the intent of this Section, at Boeing’s sole expense.  For purposes of this Attachment 25, “TI SOW Intellectual Property” means all legal rights in works, ideas, inventions, discoveries, and improvements, including, but not limited to patents, patent applications, copyrights, copyrightable works (including, software), trademarks, proprietary information, mask works, integrated circuit layout designs, drawings, specifications, processes, databases, technical data, inventions, trade secrets, and know-how.

		
	2.3
	The Titanium Inner-Wall end item constitutes Supplier Banked Material (SBM).  Seller values the TI SOW at [*****] per shipset (SBP Attachment 1 Base Price delta), however, [*****] for the purpose of fabricating the 737 MAX Thrust Reverser.  Title to the Titanium Inner-Wall end item will at all times remain with Boeing.  Seller will provide Boeing with 

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  4                                                                  Initials:  /s/MM /s EF

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

required on-dock dates for the Titanium Inner-Wall end item, and Boeing will be responsible for delivering, or for arranging delivery of, the Titanium Inner-Wall end item by such required on-dock dates.  For the sake of clarity, Boeing will procure and deliver to Seller all Titanium Inner-Wall requirements related to the 737 EDP.

		
	2.4
	The Parties agree that notwithstanding any other term herein, Seller shall have no warranty obligations for products and / or services pertaining to the TI SOW, whether such products or services were provided before or after the Execution Date.  This provision disclaims only Spirit’s liability for warranty claims; claims by Boeing against Seller for Seller’s contribution toward third-party injury, damage, or loss are not limited, waived, released, or disclaimed.

		
	2.5
	As of the Effective Date, Seller will provide design support and services for the Titanium Inner Wall as reasonably requested by Boeing (“Follow-On Work” for purposes of this Attachment 25) through completion of dataset releases from Spirit to Boeing to support Flight Test Unit 2 (currently NAMS), unless otherwise mutually agreed in writing to extend.  Such work shall be compensated as described in this section 2.5 for Follow-On Work.  In no event shall Follow-On Work exceed the scope of Seller’s services prior to the Execution Date.  Due to the transition of obligations as set forth in Section 2.1, Boeing Design approval and signature will be provided for each layout and dataset release.  Follow-On Work will be compensated under the terms of the 737 MAX MOA pertaining to payment as if the Follow-On Work were Non-Recurring-Non-Tooling work.  Notwithstanding the foregoing, performance of Follow-On Work is subject to the terms of this Attachment 25 rather than the 737 MAX MOA, except that for purposes of administration Follow-On Work will be noted as a separate line item on Seller’s 737 MAX MOA Exhibit E monthly actual submittals as if it were Non-recurring-Non Tooling work.

		
	2.6
	As of the Effective Date, Seller hereby transfers and assigns to Boeing all production responsibility under the TI SOW.  Notwithstanding the foregoing, Spirit will continue to provide limited operational resources through Flight Test Unit 2 as Follow-On Work, as reasonably requested by Boeing, for support of the TI SOW.

		
	3.0
	RIGHT TO BID

		
	3.1
	In the event Boeing changes the material requirements of the TI SOW such that the Inner-Wall end item will be constructed from a material other than titanium (“Revised Inner-Wall SOW”), Boeing will notify Seller and will give Seller an opportunity to submit a proposal regarding the Revised Inner-Wall SOW.

		
	4.0
	MISCELLANEOUS

		
	4.1
	This Attachment 25, including all Exhibits and Attachments hereto, contains the entire agreement between the Parties regarding the subject matter of Attachment 25 and, together with the applicable 737 MAX MOA provisions as qualified herein, supersedes all previous proposals, understandings, commitments, or representations whatsoever, oral or written for said effort.

		
	4.2
	Except as specified herein, all other terms of the Sustaining Contract and 737 MAX MOA apply.  In the event of a conflict between the terms of this Attachment 25 and the Sustaining Contract or 737 MAX MOA, the terms of this Attachment will have precedence.

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  5                                                                  Initials:  /s/MM /s EF

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

SBP-MS-65530-0016
Amendment No. 9
EXHIBIT B
SBP ATTACHMENT 16 TO
SPECIAL BUSINESS PROVISIONS
BOEING PROVIDED DETAILS (BPD)
AND SUPPLIER BANKED MATERIAL (SBM)
(Reference clause 12.13.1)
		
	A.
	Supplier Banked Material (SBM):

Requirements managed per Bonded Stores Agreement (BSA) dated
February 1, 2006.
	
				
	 
	 
	SUPPLIER BANK MATERIAL (SBM)
	 

	Product 
Number
	Program
	Description
	Quantity per 
S/S

	[*****]
	737-P8A
	WEAPONS BAY DOOR ASSY, LEFT
	[*****]

	[*****]
	737-P8A
	WEAPONS BAY DOOR ASSY, RIGHT
	[*****]

	[*****]
	737-P8A
	SEAL, ACCESS PANEL
	[*****]

	[*****]
	737-P8A
	Hydraulic Power Drive Unit (HPDU)
	[*****]

	[*****]
	737-P8A
	Manual Drive Shaft
	[*****]

	[*****]
	737-P8A
	Angle Gearbox, LH
	[*****]

	[*****]
	737-P8A
	Angle Gearbox, RH
	[*****]

	[*****]
	737-P8A
	Torque Shaft
	[*****]

	[*****]
	737-P8A
	Link Assy
	[*****]

	[*****]
	737-P8A
	Rotary Geared Actuator (RGA)
	[*****]

	[*****]
	737-P8A
	Torque Shaft
	[*****]

	[*****]
	737-P8A
	Torque Shaft
	[*****]

	[*****]
	737-P8A
	Torque Shaft
	[*****]

	[*****]
	737-P8A
	Torque Shaft
	[*****]

	[*****]
	737-P8A
	Torque Coupler
	[*****]

	[*****]
	737-P8A
	IDG TO BREAKAWAY CONNECTOR - LEFT ENGINE POWER
	[*****]

	[*****]
	737-P8A
	IDG TO BREAKAWAY CONNECTOR - RIGHT ENGINE POWER
	[*****]

	[*****]
	737-P8A
	Inboard Actuator Tray Assy (LHS)
	[*****]

	[*****]
	737-P8A
	Center Actuator Tray Assy (LHS)
	[*****]

	[*****]
	737-P8A
	Outboard Actuator Tray Assy (LHS)
	[*****]

	[*****]
	737-P8A
	Inboard Actuator Tray Assy (RHS)
	[*****]

	[*****]
	737-P8A
	Center Actuator Tray Assy (RHS)
	[*****]

	[*****]
	737-P8A
	Outboard Actuator Tray Assy (RHS)
	[*****]

	[*****]
	737-P8A
	ESB (1 per side)
	[*****]

	[*****]
	737-P8A
	Cable Harness ESB to LEAS, H-Stab
	[*****]

	[*****]
	737-P8A
	Cable Harness ESB to Inboard LEA, H-Stab
	[*****]

	[*****]
	777
	RR Probe
	[*****]

	[*****]
	777
	PW Probe
	[*****]

	[*****]
	777
	GE 90 Sensor
	[*****]

	[*****]
	777
	GE 90 Gasket
	[*****]

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  6                                                                  Initials:  /s/MM /s EF

Confidential portions of this exhibit have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.  Omissions are designated by the symbol [*****].

	
				
	[*****]
	777
	GE 90 Damper
	[*****]

	[*****]
	777
	GE 90 Harness
	[*****]

	[*****]
	777
	GE 90 Harness
	[*****]

	[*****]
	777
	GE 115 Sensor
	[*****]

	[*****]
	777
	GE 115 Gasket
	[*****]

	[*****]
	777
	GE 115 Damper
	[*****]

	[*****]
	777
	GE 115 Harness
	[*****]

	[*****]
	777
	GE 115 Harness
	[*****]

	[*****]
	737-P8A
	Bracket for Prox. Sensor
	[*****]

	[*****]
	737-P8A
	Bracket for Prox. Sensor
	[*****]

	[*****]
	737-P8A
	Grommet
	[*****]

	[*****]
	737-P8A
	Hose
	[*****]

	[*****]
	737-P8A
	Valve
	[*****]

	[*****]
	737-P8A
	Weapons Bay Door Set of Parts
	[*****]

	[*****]
	737 MAX
	Titanium Panel Assy
	[*****]

		
	B.
	Boeing Provided Details (BPD)

This SBP Attachment 16 identifies Boeing Provided Details (parts) and their associated purchase price which are currently being provided to Seller.
Per SBP Attachment 20 the intent is for Seller to re-source all BPD’s per the agreed to transfer plan.
Seller shall provide Boeing with discreet schedules (lead-time away) which depicts Seller’s requirements for these parts until such time as the parts have been resourced.  The identified transfer price for each BPD, excluding ATA stringers, will be adjusted periodically to reflect [*****].
Notwithstanding the foregoing, the prices associated with parts sourced from Boeing’s Winnipeg operations will be subject to any subsequent pricing agreement established directly between Seller and Boeing Winnipeg.
Attachment 16 will continue to be updated / revised to reflect any additional identified BPD or work transfer activity.
[Note:  Attachment 16 BPD Parts list and Prices provided under separate file due to size.]

737 MAX Ti Inner Wall Amendment 9                                                                                   Spirit AeroSystems, Inc.                                                                                                  7                                                                  Initials:  /s/MM /s EF

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