Document:

Document

EXHIBIT 10.6

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

AMENDMENT N°3

TO THE

[*] AGREEMENT

BETWEEN

AIRBUS S.A.S.

and

AIR LEASE CORPORATION

[*]

									
	ALC – Amendment N°3 to [*] Agreement
Ref. CLC-CT2101805
		Page 1/4

This amendment n°3 (the “Amendment N°3”) dated 6 April 2021 is made

BETWEEN:

AIRBUS S.A.S., a French société par actions simplifiée, with its registered office at 2, rond-point Emile Dewoitine, 31700 Blagnac, France, registered with the Commercial and Companies Register of Toulouse under number 383 474 814 (the “Seller”),

and

AIR LEASE CORPORATION, a corporation organised and existing under the laws of the State of Delaware, U.S.A., having its principal place of business at 2000 Avenue of the Stars, Suite 1000N, Los Angeles, California 90067, U.S.A. (the “Buyer”).

The Buyer and the Seller together are referred to as the “Parties” and individually as a “Party”.

WHEREAS:

A.[*]

B.[*]

C.[*]

D.[*]

E.[*]

F.[*]

The [*] Agreement as amended and supplemented pursuant to the foregoing shall be referred to as the “[*] Agreement”.

G.The Parties now wish to enter into this Amendment N°3 in order to, among other things, [*], subject to the terms and conditions set out herein.

The terms “herein”, “hereof” and “hereunder” and words of similar import refer to this Amendment N°3. Capitalised terms used herein and not otherwise defined in this Amendment N°3 shall have the meanings assigned to them in the [*], and/or the [*] Agreement, as applicable.

NOW IT IS HEREBY AGREED AS FOLLOWS:

									
	ALC – Amendment N°3 to [*] Agreement
Ref. CLC-CT2101805
		Page 2/4

1[*]

2[*]

3INCONSISTENCY AND CONFIDENTIALITY

3.1In the event of any inconsistency between the terms and conditions of the [*] Agreement and those of this Amendment N°3, the latter shall prevail to the extent of such inconsistency, whereas the part of the [*] Agreement not concerned by such inconsistency shall remain in full force and effect.

3.2This Amendment N°3 reflects the understandings, commitments, agreements, representations and negotiations related to the matters set forth herein whatsoever, oral and written, and may not be varied except by an instrument in writing of even date herewith or subsequent hereto executed by the duly authorised representatives of both Parties.

3.3This Amendment N°3 shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party without the prior consent of the other Party except as may be required by law, or to professional advisors for the implementation hereof.

4COUNTERPARTS

This Amendment N°3 may be executed by the Parties in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument.

5LAW AND JURISDICTION

This Amendment N°3 will be governed by and construed and the performance thereof will be determined in accordance with the laws of the State of New York, without giving effect to its conflicts of laws provisions that would result in the application of the law of any other jurisdiction.

The other provisions of Clause 7 of the [*] Agreement shall apply to this Amendment N°3 as if the same were set out in full herein, mutatis mutandis.

									
	ALC – Amendment N°3 to [*] Agreement
Ref. CLC-CT2101805
		Page 3/4

IN WITNESS WHEREOF this Amendment N°3 was entered into the day and year first above written.

									
	For and on behalf of
		For and on behalf of

			
			
			
	AIR LEASE CORPORATION
		AIRBUS S.A.S

			
			
			
			
	By: /s/ Grant Levy
		By: /s/ Benoît de Saint-Exupéry

			
	Its: Executive Vice President
		Its: Senior Vice President, Contracts

									
	ALC – Amendment N°3 to [*] Agreement
Ref. CLC-CT2101805
		Page 4/4Document

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.
									
	HAZ-PA-03791
	1
	SA-27

		BOEING PROPRIETARY
	

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.    [*]

									
	HAZ-PA-03791
	2
	SA-27

		BOEING PROPRIETARY
	

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           

									
	HAZ-PA-03791
	3
	SA-27

		BOEING PROPRIETARY
	

									
			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

									
	HAZ-PA-03791
	i
	SA-27

		BOEING PROPRIETARY
	

									
			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	

									
	HAZ-PA-03791
	ii
	SA-27

		BOEING PROPRIETARY
	

									
			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

									
	HAZ-PA-03791
	iii
	SA-27

		BOEING PROPRIETARY
	

									
		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.							
	[*]										

									
	HAZ-PA-03791 73166-1F.TXT		SA-27
Page 1

		BOEING PROPRIETARY	

									
		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									
											
	[*]										

									
	HAZ-PA-03791 116571-1F.txt		SA-27
Page 1

		BOEING PROPRIETARY	

									
			Enclosure 4

HAZ/[*] 737-8 AIRCRAFT CONFIGURATION

between

THE BOEING COMPANY

and

AIR LEASE CORPORATION

Exhibit A2-1

to Purchase Agreement Number PA-03791

									
	HAZ-PA-03791-EXA2-1
		SA-27 EXA Page 1

		BOEING PROPRIETARY	

									
			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 [*].

									
	HAZ-PA-03791-EXA2-1
		SA-27 EXA Page 2

		BOEING PROPRIETARY	

									
	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
Page 1

		BOEING PROPRIETARY	

									
			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.
									
			

    									
			SA-27
Page 1

		

BOEING PROPRIETARY
	

									
			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    
Advance Payment Matters    
		SA-27
Page 2  

		BOEING PROPRIETARY
	

												
				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 
    									
			SA-27
    Page 1

		BOEING PROPRIETARY	

									
			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 [*]
									
	HAZ-PA-03791-LA-1208090R10
Special Matters for 737-8 and 737-9 Aircraft
		SA-27
Page 2

		BOEING PROPRIETARY
	

									
			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.
									
	HAZ-PA-03791-LA-1208090R10
Special Matters for 737-8 and 737-9 Aircraft
		SA-27
Page 3

		BOEING PROPRIETARY
	

									
			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
		SA-27
Page 4

		BOEING PROPRIETARY
	

												
				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.  
    									
			SA-27 Page 1

		BOEING PROPRIETARY
	

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. 
									
	HAZ-PA-03791-LA-2100098                
		SA-27 Page 2

		BOEING PROPRIETARY
	

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

									
	HAZ-PA-03791-LA-2100098                
		SA-27 Page 3

		BOEING PROPRIETARY
	

Schedule A
[*]

									
	HAZ-PA-03791-LA-2100098                
		SA-27 Page 4

		BOEING PROPRIETARY

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00331-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00331-of-00352.parquet"}]]