Document:

EX-10.54

 Exhibit 10.54 

INFORMATION IN THIS EXHIBIT IDENTIFIED BY BRACKETS IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(IV) OF REGULATION S-K BECAUSE IT (I)
IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO FEDEX IF PUBLICLY DISCLOSED. 
  
  

			
	

	  	 The Boeing Company     

P.O. Box 3707                

Seattle, WA 98124-2207

 FED-PA-3712-MISC-1903302 

Federal Express Corporation 
 3610 Hacks Cross 

Memphis, TN 38125 
  

			
	Attention:	  	 Mr. Guy See
 Managing Director –
Aircraft Acquisitions & Sales

		
	Subject:	  	[*]
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to Model 767-3S2F
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. 
 [*] 

The information contained herein represents confidential business information and has value precisely because it is not available generally or
to other parties. Customer will limit the disclosure of its contents to employees of Customer with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase Agreement and who understand they are not to
disclose its contents to any other person or entity without the prior written consent of Boeing. 

  

			
	 FED-PA-3712-MISC-1903302
 [*]
	  	 Page
 1

 BOEING PROPRIETARY 

* Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it (i) is not material and
(ii) would likely cause competitive harm to FedEx if publicly disclosed. 

 

 
  
 Very truly yours, 

 

			
	THE BOEING COMPANY
		
	By:	 	 /s/ Laura Ford

		
	Its:	 	
Attorney-In-Fact

 ACCEPTED AND AGREED TO this 

Date:
May 29                        , 2019 
  

			
	FEDERAL EXPRESS CORPORATION
		
	By:	 	 /s/ Kevin Burkhart

		
	Its:	 	 Vice President

  

			
	 FED-PA-3712-MISC-1903302
 [*]
	  	 Page
 2

 BOEING PROPRIETARY 

* Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it (i) is not material and
(ii) would likely cause competitive harm to FedEx if publicly disclosed.EX-10.55

 Exhibit 10.55 

INFORMATION IN THIS EXHIBIT IDENTIFIED BY BRACKETS IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(IV) OF REGULATION S-K BECAUSE IT (I)
IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO FEDEX IF PUBLICLY DISCLOSED. 
  
  

			
	

	  	 The Boeing Company     

P.O. Box 3707                

Seattle, WA 98124-2207

 FED-PA-3712-MISC-1902431 

Federal Express Corporation 
 3610 Hacks Cross 

Memphis, TN 38125 
  

					
	Attention:	 	 Mr. Guy See
 Managing Director
– Aircraft Acquisitions & Sales

		
	Subject:	 	Special Considerations related to [*]
			
	Reference:	 	(a)	  	Purchase Agreement 3712 between The Boeing Company (Boeing) and Federal Express Corporation (Customer) dated December 14, 2011 relating to Model 767-3S2F Aircraft (767
Purchase Agreement)
		 	(b)	  	Purchase Agreement 3715 between The Boeing Company (Boeing) and Federal Express Corporation (Customer) dated November 7, 2006 relating to Model 777- Freighter
Aircraft

 All terms used but not defined in this letter (Letter Agreement) shall have the same meaning as in the referenced 767
Purchase Agreement. 
 1.    Background. 

1.1    [*] 

1.2    [*] 

1.2.1    [*] 

2.    Agreement. 

[*] 

2.1    [*] 

[*] 
 2.1.1 [*] 

2.1.2 Customer will take delivery of the [*] 767 Aircraft and the [*] 767 Aircraft, and ferry the aircraft from Everett,
Washington on the dates tendered in accordance with the 767 Purchase Agreement; 
 2.1.3 [*] 

2.1.4 [*] 

  

			
	 FED-PA-3712-MISC-1902431
 Special Considerations
related to [*]
	  	 Page
 1

 BOEING PROPRIETARY 

* Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it (i) is not material and
(ii) would likely cause competitive harm to FedEx if publicly disclosed. 

 

 
  
 2.1.5 [*] 

2.1.6 [*] 
 2.1.7 [*] 

2.2     [*] 

[*] 

2.2.1    [*] 

2.2.1.1    [*] 

2.2.1.2     [*] 

2.2.1.3     [*] 

2.2.1.4     [*] 

2.2.2    [*] 

3.    Confidentiality. 

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 its contents to employees of Customer with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase
Agreement and who understand they are not to disclose its contents to any other person or entity without the prior written consent of Boeing. 

  

			
	 FED-PA-3712-MISC-1902431
 Special Considerations
related to [*]
	  	 Page
 2

 BOEING PROPRIETARY 

* Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it (i) is not material and
(ii) would likely cause competitive harm to FedEx if publicly disclosed. 

 

 
  
 Very truly yours, 

 

			
	THE BOEING COMPANY
		
	By	 	 /s/ Laura Ford

		
	Its	 	
Attorney-In-Fact

 ACCEPTED AND AGREED TO this 

Date: May
29                         , 2019 

 

			
	FEDERAL EXPRESS CORPORATION
		
	By	 	 /s/ Kevin Burkhart

		
	Its	 	 Vice President

  

			
	 FED-PA-3712-MISC-1902431
 Special Considerations
related to [*]
	  	 Page
 3

 BOEING PROPRIETARY 

* Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of Regulation S-K because it (i) is not material and
(ii) would likely cause competitive harm to FedEx if publicly disclosed.EX-10.203

 Exhibit 10.202 

INFORMATION IN THIS EXHIBIT IDENTIFIED BY BRACKETS IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(IV) OF REGULATION S-K BECAUSE IT (I)
IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO FEDEX IF PUBLICLY DISCLOSED. 
  

							
	
AMENDMENT OF SOLICITATION/MODIFICATION OF CONTRACT
	 	1. CONTRACT ID CODE  	 	PAGE  	 	OF
	 	 	 	  

    1    
	 	  

    3    

									
	
2. AMENDMENT/MODIFICATION NO.
 149
	 	 3. EFFECTIVE DATE  

01/28/2019
	 	4. REQUISITION/PURCHASE REQ. NO.    	 	5. PROJECT NO. (If applicable) 
	6. ISSUED BY                         
                      CODE  	 	5ACAAQ	 	7. ADMINISTERED BY (IF OTHER THAN ITEM 6)	 	CODE  	 	5ACAAQ
	 DALE D. PARSAN

Cargo Air Acquisitions
 Air Transportation CMC

United States Postal Service
 475 L’Enfant Plaza SW, Room
1P650
 Washington DC 20260-0650
 (202) 268-2223  
  
	 	 Cargo Air Acquisitions

Air Transportation CMC
 United States Postal Service

475 L’Enfant Plaza SW, Room 1P650
 Washington DC
20260-0650

											
	8. NAME AND ADDRESS OF CONTRACTOR (No., Street, County, 
State, and Zip Code)	 	 	 	    (x)      	 	9A. AMENDMENT OF SOLICITATION NO.
	  
 FEDERAL EXPRESS
CORPORATION
	 		 		 		 	 	 	 
	 3610 HACKS CROSS ROAD

MEMPHIS TN 38125-8800
	 		 		 		 	 	 	 9B. DATED (SEE ITEM 11)

 

	 	 	 

    
	 	      x      

 
	 	 10A. MODIFICATION OF CONTRACT/ORDER NO.

ACN-13-FX
  

	 	 	 	 	 	 	 	 		 	10B. DATED (SEE ITEM 13)
	SUPPLIER CODE:      000389122	 	FACILITY CODE                	 	 	 	 	 	04/23/2013
	11. THIS ITEM ONLY APPLIES TO AMENDMENTS OF
SOLICITATIONS     

					
	☐	 		  	    ☐  is extended,        ☐  is not 
extended.

													
	  
 Offers must acknowledge receipt of this amendment prior to
the hour and date specified in the solicitation or as amended, by one of the following methods: (a) By completing items 8 and 15, and returning                 
copies of the amendment; (b) By acknowledging receipt of this amendment on each copy of the offer submitted; or (c) By separate letter or telegram which includes a reference to the solicitation and amendment number. FAILURE OF YOUR ACKNOWLEDGEMENT
TO BE RECEIVED AT THE PLACE DESIGNATED FOR THE RECEIPT OF OFFERS PRIOR TO THE HOUR AND DATE SPECIFIED MAY RESULT IN REJECTION OF YOUR OFFER. If by virtue of this amendment you desire to change an offer already submitted, such change may be made by
telegram or letter, provided each telegram or letter makes reference to the solicitation and this amendment, and is received prior to the opening hour and date specified.

 

					
	 12. ACCOUNTING AND
APPROPRIATION DATA (If required.)
 See Schedule
	 	 Net Decrease:      [*]
	  	 

			
	 13. THIS ITEM APPLIES ONLY TO
MODIFICATIONS OF CONTRACTS/ORDERS. IT MODIFIES THE CONTRACT/ORDER NO. AS DESCRIBED IN ITEM 14.
  
	 	 

									
	(x)  	 	 A. THIS CHANGE BY CLAUSE IS ISSUED PURSUANT TO: (Specify clause) THE CHANGES SET
FORTH IN ITEM 14 ARE MADE IN THE CONTRACT ORDER NO. IN ITEM 10A.
	 		 	 
	☐  	 		 	    	 		 	 
	  

☐  
	 	 B. THE ABOVE
NUMBERED CONTRACT/ORDER IS MODIFIED TO REFLECT THE ADMINISTRATIVE CHANGES (such as changes in paying office, appropriation date, etc.) SET FORTH IN ITEM 14.

 
	 	 	 	 
	  

☐  
	 	 C. THIS SUPPLEMENTAL AGREEMENT IS ENTERED
INTO PURSUANT TO THE AUTHORITY OF: THE CHANGES SET FORTH IN ITEM 14 ARE MADE IN THE CONTRACT ORDER NO. IN ITEM 10A.
  
	 	 	 	 
	☒  	 	 D. OTHER (such as no cost
change/cancellation, termination, etc.) (Specify type of modification and authority): THE CHANGES SET FORTH IN ITEM 14 ARE MADE IN THE CONTRACT ORDER NO. IN ITEM 10A.

Mutual Agreement of the Contracting Parties
  
	 	 	 	 

			
	  

E. IMPORTANT: Contractor      ☐    is
not,      ☒    is required to sign this document and return         1     copies to the
issuing office.
  
	 	 
	 14. DESCRIPTION OF AMENDMENT/MODIFICATION (Organized by UCF section headings,
including solicitation/contract subject matter where feasible.)
 The purpose of this modification is to execute the following change to the ACN-13-FX
contract:
  
 In accordance with contract ACN-13-FX and the “Fuel Adjustment”
section, the following Line Haul Rate (fuel) for the Day Network as set out in Attachment 10 is modified for performance during the period of January 28, 2019 to March 03, 2019 (Operating Period 65) as follows:

 
 TIERS: Base – Tier 5

From:
 [*] per cubic foot

Continued...
	 	 

			
	 Except as provided herein, all terms and conditions of the document referenced in
Item 9A or 10A, as heretofore changed, remains unchanged and in full force and effect.
  
	 	 

											
	 15A. NAME AND TITLE OF SIGNER (Type or print)

 
     Ron D. Stevens, Vice President
                                         
               
	 	 16A. NAME
AND TITLE OF CONTRACTING OFFICER (Type or print)
  
     Brian
Mckain

	 15B. CONTRACTOR/OFFEROR

 
 /s/ RON D. STEVENS

(Signature of person authorized to sign) 
	 	 	 	 15C. DATE SIGNED  

 
 4-11-19
	 	 16B. CONTRACT AUTHORITY
  

/s/ BRIAN MCKAIN

(Signature of Contracting Officer) 
	 	 	 	 16C. DATE SIGNED

 
 4/16/19

  

	*	 Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of
Regulation S-K because it (i) is not material and (ii) would likely cause competitive harm to FedEx if publicly disclosed. 

															
	 CONTINUATION SHEET
	 	REQUISITION NO.	 	 Page

 
 2
	 	     Of

 
     3
	 	                
  

															
	 CONTRACT/ORDER NO.
  

ACN-13-FX/149
	 	 AWARD/ EFFECTIVE DATE  

 
 01/28/2019
	 	MASTER/AGENCY CONTRACT NO    	 	SOLICITATION NO.	 	 SOLICITATION         ISSUE DATE

											
	 	 	 	 	 	 
	
    ITEM NO     
	 	 SCHEDULE OF SUPPLIES/SERVICES

 
	 	 QUANTITY 

 
	 	  UNIT 

 
	 	
    UNIT PRICE    

 
	 	 AMOUNT

 

	 	 	  
 To:

[*] per cubic foot
 This is a decrease of [*].

 
 TIERS: 6 - 8

TIER 6:
 From:

[*] per cubic foot
 To:

[*] per cubic foot
 This is a decrease of [*].

 
 TIER 7:

From:
 [*] per cubic foot

To:
 [*] per cubic foot

This is a decrease of [*].
  

TIER 8:
 From:

[*] per cubic foot
 To:

[*] per cubic foot
 This is a decrease of [*].

 
 [*]
  

—
 Sub Rept Req’d: Y Carrier Code: FX Route Termini

S: Various Route Termini End: Various Payment
 Terms: SEE
CONTRACT
 Delivery: 11/28/2016
 Discount Terms:

See Schedule
 Accounting Info:

BFN: 670167
 FOB: Destination

Period of Performance: 09/30/2013 to 09/29/2024
  

Change Item 1 to read as follows:

    
	 	 	 	 	 	 	 	
	 	 	 	 	 	
	  

1
	 	 Day Network

 
 Account Number: 53503

Continued...
  

 
	 	 	 	 	 	 	 	  
 [*]

  

	*	 Blank spaces contained confidential information that has been excluded pursuant to Item 601(b)(10)(iv) of
Regulation S-K because it (i) is not material and (ii) would likely cause competitive harm to FedEx if publicly disclosed. 

															
	 CONTINUATION SHEET
	 	REQUISITION NO.	 	 PAGE

 
 3
	 	     OF

 
     3
	 	                
  

															
	 CONTRACT/ORDER NO.
  

ACN-13-FX/149
	 	 AWARD/ EFFECTIVE DATE  

 
 01/28/2019
	 	MASTER/AGENCY CONTRACT NO.    	 	SOLICITATION NO.	 	 SOLICITATION         ISSUE DATE

											
	 	 	 	 	 	 
	
    ITEM NO     
	 	 SCHEDULE OF SUPPLIES/SERVICES

 
	 	 QUANTITY 

 
	 	  UNIT 

 
	 	
    UNIT PRICE    

 
	 	 AMOUNT

 

	 	 	 	 	 	
	 	 	 This is for estimation purposes only and is not a guarantee of
contract value.
  
 Omitted Attachment

An attachment to this exhibit containing certain volume information has been omitted pursuant to Item 601(a)(5) of Regulation S-K because the information
contained therein is not material and is not otherwise publicly disclosed. FedEx will furnish supplementally a copy of the attachment to the Securities and Exchange Commission or its staff upon request.

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