Document:

CERTIFICATION

EXHBIT 10.2

Supplemental Agreement No. 42

to

Purchase Agreement No. 1951

between

The Boeing Company

and

Continental Airlines, Inc.

Relating to Boeing Model 737 Aircraft

 

 

THIS SUPPLEMENTAL AGREEMENT, entered into as of 

June 12, 2007, by and between THE BOEING COMPANY (Boeing) and Continental Airlines, Inc. (Buyer);

WHEREAS, the parties hereto entered into Purchase Agreement No. 1951 dated July 23, 1996 (the Agreement), as amended and supplemented, relating to Boeing Model 737-500, 737-600, 737-700, 737-800, 737-900 and 737-900ER aircraft (the Aircraft);

1.0WHEREAS, Buyer wishes to [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

4.0WHEREAS, Boeing and Buyer agree to [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

5.0WHEREAS, Buyer wishes to [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

6.0WHEREAS, Buyer wishes [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

 

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

1.Table of Contents, Articles, Tables and Exhibits, and Letter Agreements:

	Remove and replace, in its entirety, the "Table of Contents", with the Table of Contents attached hereto, to reflect the changes made by this Supplemental Agreement No. 42.
	Remove and replace, in its entirety, page T-2-2, of Table 1 entitled the "Aircraft Deliveries and Descriptions, Model 737-700 Aircraft", with the revised page T-2-2 and new page T-2-3 of Table 1 attached hereto.
	Remove and replace, in its entirety, page T-3-5, of Table 1 entitled the "Aircraft Deliveries and Descriptions, Model 737-800 Aircraft", with the revised page T-3-5 of Table 1 attached hereto.
	Remove and replace, in its entirety, Letter Agreement 1951-9R18 "Option Aircraft - Model 737-724", with the revised Letter Agreement 1951-9R19 attached hereto
	Remove and replace, in its entirety, Letter Agreement 6-1162-GOC-131R8 "Special Matters", with the revised Letter Agreement 6-1162-GOC-131R9 attached hereto.

 

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

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

 

THE BOEING COMPANYContinental Airlines, Inc.

 

 

By:   /s/ Anthony J. HickerBy: /s/ Gerald Laderman    

Its:  Attorney-In-Fact    Its: Senior Vice President - 
       Finance and Treasurer

TABLE OF CONTENTS

PageSA

NumberNumber

ARTICLES

1.Subject Matter of Sale1-1SA 39

2.Delivery, Title and Risk

of Loss2-1

3.Price of Aircraft3-1SA 39

4.Taxes4-1

5.Payment5-1

6.Excusable Delay6-1

7.Changes to the Detail

Specification7-1SA 39

8.Federal Aviation Requirements and

Certificates and Export License8-1SA 39

9.Representatives, Inspection,

Flights and Test Data9-1

10.Assignment, Resale or Lease10-1

11.Termination for Certain Events11-1

12.Product Assurance; Disclaimer and Release; Exclusion

Of Liabilities; Customer Support; Indemnification

And Insurance12-1

13.Buyer Furnished Equipment and

Spare Parts13-1

14.Contractual Notices and Requests14-1SA 39

15.Miscellaneous15-1

 

TABLE OF CONTENTS

PageSA

NumberNumber

TABLES

1.Aircraft Deliveries and

Descriptions - 737-500T-1SA 3

Aircraft Deliveries and

Descriptions - 737-700T-2SA 42

Aircraft Deliveries and

Descriptions - 737-800T-3SA 42

Aircraft Deliveries and

Descriptions - 737-600T-4SA 4

Aircraft Deliveries and

Descriptions - 737-900T-5SA 39

Aircraft Deliveries and

Descriptions - 737-900ERT-6SA 41

EXHIBITS

A-1Aircraft Configuration - Model 737-724

(Aircraft delivering through July 2004)SA 26

A-1.1Aircraft Configuration - Model 737-724

(Aircraft delivering on or after August 2004)SA 26

A-2Aircraft Configuration - Model 737-824 

(Aircraft delivering through July 2004)SA 26

A-2.1Aircraft Configuration - Model 737-824 

(Aircraft delivering through August 2004

through December 2007)SA 41

A-2.2Aircraft Configuration - Model 737-824 

(Aircraft delivering on or after January 2008SA 41

A-3Aircraft Configuration - Model 737-624SA 1

A-4Aircraft Configuration - Model 737-524SA 3

A-5Aircraft Configuration - Model 737-924 

(Aircraft delivering through July 2004)SA 26

A-6Aircraft Configuration - Model 737-924ERSA 41

 

TABLE OF CONTENTS

SA

Number
EXHIBITS (continued)

BProduct Assurance DocumentSA 1

CCustomer Support Document - Code Two - 

Major Model DifferencesSA 1

C1Customer Support Document - Code Three -

Minor Model DifferencesSA 39

DAircraft Price Adjustments - New 

Generation Aircraft (1995 Base Price - 

[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY 

WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT 

TO A REQUEST FOR CONFIDENTIAL TREATMENT]SA 1

D1Airframe and Engine Price Adjustments - 

Current Generation AircraftSA 1

D2Aircraft Price Adjustments - New 

Generation Aircraft (1997 Base Price - [CONFIDENTIAL MATERIAL 

OMITTED AND FILED SEPARATELY WITH THE SECURITIES 

AND EXCHANGE COMMISSION PURSUANT TO A REQUEST 

FOR CONFIDENTIAL TREATMENT]SA 5

D3Aircraft Price Adjustments - New 

Generation Aircraft (July 2003 Base Price - 

[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY 

WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT 

TO A REQUEST FOR CONFIDENTIAL TREATMENT]SA 41

D4Escalation Adjustment - Airframe and 

Optional Features [CONFIDENTIAL MATERIAL OMITTED AND 

FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE 

COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]SA 41

EBuyer Furnished Equipment

Provisions DocumentSA 39

FDefined Terms DocumentSA 5

 
TABLE OF CONTENTS

SA

Number

LETTER AGREEMENTS

1951-1Not Used

1951-2R4Seller Purchased EquipmentSA 39

1951-3R22Option Aircraft-Model 737-824 AircraftSA 38

1951-4R1Waiver of Aircraft DemonstrationSA 1

1951-5R3Promotional Support - New Generation

AircraftSA 39

1951-6Configuration Matters

1951-7R1Spares Initial ProvisioningSA 1

1951-8R2Escalation Sharing - New Generation 

AircraftSA 4

1951-9R19Option Aircraft-Model 737-724 AircraftSA 42

1951-11R1Escalation Sharing-Current Generation 

AircraftSA 4

1951-12R7Option Aircraft - Model 737-924 Aircraft SA 32

1951-13Configuration Matters - Model 737-924     SA 5

	Installation of Cabin Systems Equipment  

737-924SA 22

1951-15Configuration Matters - Model 737-924ER  SA 39

 

 

 

 

TABLE OF CONTENTS

SA

Number

RESTRICTED LETTER AGREEMENTS

6-1162-MMF-295Performance Guarantees - Model 

737-724 Aircraft

6-1162-MMF-296Performance Guarantees - Model 

737-824 Aircraft

6-1162-MMF-308R4Disclosure of Confidential 

InformationSA 39

6-1162-MMF-309R1[CONFIDENTIAL MATERIAL OMITTED AND 

FILED SEPARATELY WITH THE SECURITIES 

AND EXCHANGE COMMISSION PURSUANT 

TO A REQUEST FOR CONFIDENTIAL 

TREATMENT]SA 1

6-1162-MMF-311R5[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]SA 39

6-1162-MMF-312R1Special Purchase Agreement

ProvisionsSA 1

6-1162-MMF-319Special Provisions Relating to the

Rescheduled Aircraft

6-1162-MMF-378R1Performance Guarantees - Model

737-524 AircraftSA 3

6-1162-GOC-015R1[CONFIDENTIAL MATERIAL OMITTED AND FILED 
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]SA 31

6-1162-GOC-131R9Special MattersSA 42

6-1162-DMH-365Performance Guarantees - Model

737-924 AircraftSA 5

6-1162-DMH-624[CONFIDENTIAL MATERIAL OMITTED AND FILED 
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]SA 8

6-1162-DMH-680Delivery Delay Resolution ProgramSA 9

6-1162-DMH-1020[CONFIDENTIAL MATERIAL OMITTED AND FILED 

SEPARATELY WITH THE SECURITIES AND EXCHANGE 

COMMISSION PURSUANT TO A REQUEST FOR 

CONFIDENTIAL TREATMENT]SA 14

6-1162-DMH-1035[CONFIDENTIAL MATERIAL OMITTED AND FILED 
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR 

CONFIDENTIAL TREATMENT]SA 15

6-1162-DMH-1054[CONFIDENTIAL MATERIAL OMITTED AND FILED 

SEPARATELY WITH THE SECURITIES AND EXCHANGE 

COMMISSION PURSUANT TO A REQUEST FOR 

CONFIDENTIAL TREATMENT]SA 16

6-1162-CHL-048Rescheduled Aircraft AgreementSA 26

6-1162-CHL-195Restructure Agreement for Model

737NG and 757-300 Aircraft  SA 30

6-1162-MSA-768Performance Guarantees - Model

737-924ER AircraftSA 39

 

TABLE OF CONTENTS

 

SUPPLEMENTAL AGREEMENTSDATED AS OF:

Supplemental Agreement No. 1October 10, 1996

Supplemental Agreement No. 2March 5, 1997

Supplemental Agreement No. 3July 17, 1997

Supplemental Agreement No. 4October 10, 1997

Supplemental Agreement No. 5May 21, 1998

Supplemental Agreement No. 6July 30, 1998

Supplemental Agreement No. 7November 12, 1998

Supplemental Agreement No. 8December 7, 1998

Supplemental Agreement No. 9February 18, 1999

Supplemental Agreement No. 10March 19, 1999

Supplemental Agreement No. 11May 14, 1999

Supplemental Agreement No. 12July 2, 1999

Supplemental Agreement No. 13October 13, 1999

Supplemental Agreement No. 14December 13, 1999

Supplemental Agreement No. 15January 13, 2000

Supplemental Agreement No. 16March 17, 2000

Supplemental Agreement No. 17May 16, 2000

Supplemental Agreement No. 18September 11, 2000

Supplemental Agreement No. 19October 31, 2000

Supplemental Agreement No. 20December 21, 2000

Supplemental Agreement No. 21March 30, 2001

TABLE OF CONTENTS

SUPPLEMENTAL AGREEMENTSDATED AS OF:

Supplemental Agreement No. 22May 23, 2001 

Supplemental Agreement No. 23June 29, 2001

Supplemental Agreement No. 24August 31, 2001

Supplemental Agreement No. 25December 31, 2001

Supplemental Agreement No. 26March 29, 2002

Supplemental Agreement No. 27November 6, 2002

Supplemental Agreement No. 28April 1, 2003

Supplemental Agreement No. 29August 19, 2003

Supplemental Agreement No. 30November 4, 2003

Supplemental Agreement No. 31August 20, 2004

Supplemental Agreement No. 32December 29, 2004

Supplemental Agreement No. 33December 29, 2004

Supplemental Agreement No. 34June 22, 2005

Supplemental Agreement No. 35June 30, 2005

Supplemental Agreement No. 36July 21, 2005

Supplemental Agreement No. 37March 30, 2006

Supplemental Agreement No. 38June 6, 2006

Supplemental Agreement No. 39August 3, 2006

Supplemental Agreement No. 40December 5, 2006

Supplemental Agreement No. 41June 1, 2007

Supplemental Agreement No. 42June 12, 2007

Table 1 to Purchase Agreement 1951

Aircraft Deliveries and Descriptions

Model 737-700 Aircraft

 

 

[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

1951-9R19

June 12, 2007

 

Continental Airlines, Inc.

1600 Smith Street

Houston, Texas  77002

 
Subject:Letter Agreement No. 1951-9R19 to Purchase Agreement No. 1951 - Option Aircraft - Model 737-724 Aircraft

 

Ladies and Gentlemen:

This Letter Agreement amends Purchase Agreement No. 1951 dated July 23, 1996 (the Agreement) between The Boeing Company (Boeing) and Continental Airlines, Inc. (Buyer) relating to Model 737-724 aircraft (the Aircraft).  This Letter Agreement supersedes and replaces in its entirety Letter Agreement 1951-9R18 dated June 6, 2006.

All terms used and not defined herein shall have the same meaning as in the Agreement.

In consideration of Buyer's purchase of the Aircraft, Boeing hereby agrees to manufacture and sell up to fifty-seven (57) additional Model 737-724 Aircraft (the Option Aircraft) to Buyer, on the same terms and conditions set forth in the Agreement, except as otherwise described in Attachment A hereto, and subject to the terms and conditions set forth below.

1.Delivery.

The Option Aircraft will be delivered to Buyer during or before the months set forth in the following schedule:

Month and Year  Number of

 of Delivery  Option Aircraft

[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

	Price.  

The basic price of the Option Aircraft shall [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

3.Option Aircraft Deposit.

In consideration of Boeing's grant to Buyer of options to purchase the Option Aircraft as set forth herein, Buyer has paid a deposit to Boeing of [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] for each Option Aircraft through Supplemental Agreement 37 and (the Option Deposit) prior to June 6, 2006.  For Option Aircraft added effective Supplemental Agreement 38 and thereafter, the Option Deposit amount is [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] for each Option Aircraft.  If Buyer exercises an option herein for an Option Aircraft, the amount of the Option Deposit for such Option Aircraft will be credited against the first advance payment due for such Option Aircraft pursuant to the advance payment schedule set forth in Article 5 of the Agreement.  

If Buyer does not exercise its option to purchase a particular Option Aircraft pursuant to the terms and conditions set forth herein, Boeing shall be entitled to retain the Option Deposit for such Option Aircraft.

4.Option Exercise.

To exercise its option to purchase the Option Aircraft, Buyer shall give written notice thereof to Boeing on or before the first business day of the month in each Option Exercise Date shown below:

Option AircraftOption Exercise Date

[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

5.Contract Terms.

Within thirty (30) days after Buyer exercises an option to purchase Option Aircraft pursuant to paragraph 4 above, Boeing and Buyer will use their best reasonable efforts to enter into a supplemental agreement amending the Agreement to add the applicable Option Aircraft to the Agreement as a firm Aircraft (the Option Aircraft Supplemental Agreement).

If the parties have not entered into such an Option Aircraft Supplemental Agreement within the time period contemplated herein, either party shall have the right, exercisable by written or telegraphic notice given to the other within ten (10) days after such period, to cancel the purchase of such Option Aircraft.

6.Cancellation of Option to Purchase.

Either Boeing or Buyer may cancel the option to purchase an Option Aircraft if any of the following events are not accomplished by the respective dates contemplated in this Letter Agreement, or in the Agreement, as the case may be:

(i)purchase of the Aircraft under the Agreement for any reason not attributable to the cancelling party;

(ii)payment by Buyer of the Option Deposit with respect to such Option Aircraft pursuant to paragraph 3 herein; or

(iii)exercise of the option to purchase such Option Aircraft pursuant to the terms hereof.

Any cancellation of an option to purchase by Boeing which is based on the termination of the purchase of an Aircraft under the Agreement shall be on a one-for-one basis, for each Aircraft so terminated.

Cancellation of an option to purchase provided by this letter agreement shall be caused by either party giving written notice to the other within ten (10) days after the respective date in question.  Upon receipt of such notice, all rights and obligations of the parties with respect to an Option Aircraft for which the option to purchase has been cancelled shall thereupon terminate.

If an option is cancelled as provided above, Boeing shall promptly refund to Buyer, without interest, any payments received from Buyer with respect to the affected Option Aircraft.  Boeing shall be entitled to retain the Option Deposit unless cancellation is attributable to Boeing's fault, in which case the Option Deposit shall also be returned to Buyer without interest.

7.Applicability.

Except as otherwise specifically provided, limited or excluded herein, all Option Aircraft that are added to the Agreement by an Option Aircraft Supplemental Agreement as firm Aircraft shall benefit from all the applicable terms, conditions and provisions of the Agreement.

 

If the foregoing accurately reflects your understanding of the matters treated herein, please so indicate by signature below.

Very truly yours,

THE BOEING COMPANY

 

 

 

By /s/ Anthony J. Hicker  

Its  Attorney-In-Fact     

 

ACCEPTED AND AGREED TO this

Date: _____

CONTINENTAL AIRLINES, INC.,

 

 

 

By  /s/ Gerald Laderman   

Its  Senior Vice President - Finance and Treasurer       

 

 

Attachment

 
Model 737-724 Aircraft

1.Option Aircraft Description and Changes.

1.1Aircraft Description.  The Option Aircraft are described by Boeing Detail Specification D019A001-H Revision H, dated as of November 18, 2005, as amended and revised pursuant to the Agreement.

1.2Changes.  The Option Aircraft Detail Specification shall be revised to include:

(1)Changes applicable to the basic Model 737-700 aircraft which are developed by Boeing between the date of the Detail Specification and the signing of a Supplemental Agreement for the Option Aircraft.

(2)Changes mutually agreed upon.

(3)Changes required to obtain a Standard Certificate of Airworthiness.

1.3Effect of Changes.Changes to the Detail Specification pursuant to the provisions of the clauses above shall include the effects of such changes upon Option Aircraft weight, balance, design and performance.

2.Price Description.

2.1Price Adjustments.

2.1.1Base Price Adjustments.  The Base Airplane Price (pursuant to Article 3 of the Agreement) of the Option Aircraft will be adjusted to Boeing's and the engine manufacturer's then-current prices as of the date of execution of the Supplemental Agreement for the Option Aircraft.

2.1.2Special Features.  The price for Special Features incorporated in the Option Aircraft Detail Specification will be adjusted to Boeing's then-current prices for such features as of the date of execution of the Supplemental Agreement for the Option Aircraft [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

 

2.1.3Escalation Adjustments.  The Base Airframe and Special Features price will be escalated according to the applicable airframe and engine manufacturer escalation provisions contained in Exhibit D of the Agreement.

2.1.4Price Adjustments for Changes.  Boeing may adjust the Aircraft Basic Price and the Advance Payment Base Prices for Option Aircraft for any changes mutually agreed upon by Buyer and Boeing subsequent to the date that Buyer and Boeing enter into the Supplemental Agreement for the Option Aircraft.

2.1.5BFE to SPE.  An estimate of the total price for items of Buyer Furnished Equipment (BFE) changed to Seller Purchased Equipment (SPE) pursuant to the Detail Specification is included in the Option Aircraft price build-up.  The purchase price of the Option Aircraft will be adjusted by the price charged to Boeing for such items plus 10% of such price.

3.Advance Payments.

3.1If Buyer exercises its right under this letter agreement to acquire an Option Aircraft, Buyer shall pay to Boeing advance payments for such Option Aircraft pursuant to the schedule for payment of advance payments provided in the Agreement.

 

June 12, 2007

6-1162-GOC-131R9

 

 

Continental Airlines, Inc.

1600 Smith Street

Houston, Texas  77002

 

Subject:Letter Agreement No. 6-1162-GOC-131R9 to Purchase
  Agreement No. 1951 - Special Matters

 

Ladies and Gentlemen:

This Letter Agreement amends Purchase Agreement No. 1951 dated as of July 23, 1996 (the Agreement) between The Boeing Company (Boeing) and Continental Airlines, Inc. (Buyer) relating to Model 737 aircraft (the Aircraft).  This Letter Agreement supersedes and replaces in its entirety Letter Agreement 6-1162-GOC-131R8 dated June 1, 2007.

All terms used herein and in the Agreement, and not defined herein, will have the same meaning as in the Agreement.

1.[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

2.[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] Advance Payment Schedule.

2.1Firm Aircraft.  [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

 

 

2.2Option Aircraft and follow-on Firm.  [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

3.[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

4.Option Aircraft.

[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

5.[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

6.Assignment of Credits.

Buyer may not assign the credit memoranda described in this Letter Agreement without Boeing's prior written consent [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

7.Confidential Treatment.

Boeing and Buyer understand that certain information contained in this Letter Agreement, including any attachments hereto, are considered by both parties to be confidential.  Notwithstanding the provisions of Letter Agreement 6-1162-MMF-308R4, Boeing and Buyer agree that each party will treat this Letter Agreement and the information contained herein as confidential and will not, without the other party's prior written consent, disclose this Letter Agreement or any information contained herein to any other person or entity except as may be required by applicable law or governmental regulations.

Very truly yours,

THE BOEING COMPANY

 

 

By  /s/ Anthony J. Hicker

Its    Attorney-In-Fact    

 

ACCEPTED AND AGREED TO this

Date:  ______________

CONTINENTAL AIRLINES, INC.

 

 

By /s/ Gerald Laderman

Its Senior Vice President - Finance and Treasurerlyoexhibit4-6.htm

    Exhibit
      4.6

     

    Amendment
      to Rights Agreement

     

    This
      Amendment to the Rights Agreement between Lyondell Chemical Company, a Delaware
      corporation (the “Company”), and Computershare Trust Company, N.A., as
      Rights Agent (the “Rights Agent”), dated December 8, 1995 and as
      amended on August 22, 2002, January 1, 2003, December 1, 2005 and
      November 15, 2006 (the “Rights Agreement”) is hereby adopted as of
      July 16, 2007.

     

    WHEREAS,
      the Company has entered into the Rights Agreement, as heretofore amended,
      specifying the terms of the Rights (as defined therein);

     

    WHEREAS,
      Section 27 of the Rights Agreement permits the Company to amend the Rights
      Agreement so long as the Rights are then redeemable, and Section 23 of the
      Rights Agreement provides that the Board of Directors of the Company may redeem
      the Rights at any time before a Person becomes an Acquiring Person;

     

    WHEREAS,
      no Person is currently an Acquiring Person, and the Rights are currently
      redeemable;

     

    WHEREAS,
      the Company desires to amend the Rights Agreement in accordance with Section
      27
      of the Rights Agreement;

     

    WHEREAS,
      the Company proposes to enter into an Agreement and Plan of Merger, dated as
      of
      July 16, 2007 (the “Merger Agreement”), by and among Basell AF, a
      Luxembourg entity (“Parent”), BIL Acquisition Holdings Limited, a
      Delaware corporation and a wholly owned subsidiary of Parent (“Merger
      Sub”), and the Company;

     

    WHEREAS,
      the Board of Directors of the Company has determined it advisable and in the
      best interest of its stockholders to amend the Rights Agreement to enable the
      Company to enter into the Merger Agreement and consummate the transactions
      contemplated thereby without causing Parent or any of its subsidiaries to become
      an “Acquiring Person” (as defined in the Rights Agreement).

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    NOW,
      THEREFORE, in consideration of the premises and mutual agreements set
      forth herein and in the Rights Agreement, the parties hereby agree as
      follows:

     

    SECTION
      1.  DEFINITIONS. 
      Capitalized
      terms used and not otherwise defined herein shall have the meaning assigned
      to
      such terms in the Rights Agreement.

     

    SECTION
      2.  AMENDMENTS
      TO RIGHTS AGREEMENT.  The
      Rights Agreement is hereby amended as set forth in this
      Section 2.

     

    (a)  The
      definition of “Acquiring Person” in Section 1 of the Rights Agreement is amended
      to add the following sentence at the end thereof:

     

    “Notwithstanding
      anything in this Agreement to the contrary, none of Parent or Merger Sub or
      any
      Subsidiary, Affiliate or Associate of either of them shall be deemed to be
      an
      Acquiring Person, either individually or collectively, as a result of any or
      all
      of the Merger Events.”

     

    (b)  The
      definition of “Distribution Date” in Section 1 of the Rights Agreement is
      amended to add the following sentence at the end thereof:

     

    “Notwithstanding
      anything in this Agreement to the contrary, a Distribution Date shall not be
      deemed to have occurred as the result of any or all of the Merger
      Events.”

     

    (c)  The
      definition of “Flip-In Event” in Section 1 of the Rights Agreement is
      amended to add the following sentence at the end thereof:

     

    “Notwithstanding
      anything in this Agreement to the contrary, none of the Merger Events shall
      be a
      Flip-In Event.”

     

    (d)  The
      definition of “Flip-Over Event” in Section 1 of the Rights Agreement is
      amended to add the following sentence at the end thereof:

     

    “Notwithstanding
      anything in this Agreement to the contrary, none of the Merger Events shall
      be a
      Flip-Over Event.”

     

    (e)  The
      definition of “Stock Acquisition Date” in Section 1 of the Rights Agreement
      is amended to add the following sentence at the end thereof:

     

    “Notwithstanding
      anything in this Agreement to the contrary, a Stock Acquisition Date shall
      not
      be deemed to have occurred as the result of any or all of the Merger
      Events.”

     

    (f)  The
      definition of “Expiration Date” in Section 1 of the Rights Agreement is
      amended to replace the words “and (iv)” with “, (iv)” and to add at the end
      thereof the words “and (v) the Effective Time (as such term is defined in the
      Merger Agreement) of the Merger (as such term is defined in the Merger
      Agreement).  The Company hereby agrees to promptly notify the Rights
      Agent, in writing, upon the occurrence of the Effective Time, which notice
      shall
      specify (i) that the Effective Time has occurred, and (ii) the date upon which
      the Rights established hereby expired and this Agreement
      terminated.”

     

    (g)  The
      following definitions shall be added to Section 1 of the Rights
      Agreement:

     

    “
“Merger
      Agreement” shall mean the Agreement and Plan of Merger dated as of July 16,
      2007 by and among Parent, Merger Sub and the Company. ”

     

    “
“Merger
      Events” shall mean (i) the announcement of the Merger (as such term is
      defined in the Merger Agreement), (ii) the execution and delivery of the
      Merger Agreement,  (iii) the conversion of Common Equity into the
      right to receive the Merger Consideration (as such term is defined in the Merger
      Agreement) in accordance with Article II of the Merger Agreement or
      (iv) the consummation of the Merger or any other transaction contemplated
      by the Merger Agreement. ”

     

    “
“Merger
      Sub” shall mean BIL Acquisition Holdings Limited, a Delaware corporation and a
      wholly owned subsidiary of Parent.”

     

    “
      “Parent” shall mean Basell AF, a Luxembourg entity.”

     

    SECTION
      3.  MISCELLANEOUS.

     

    (a)  The
      term
“Agreement” as used in the Rights Agreement shall be deemed to refer to the
      Rights Agreement as amended hereby.

     

    (b)  The
      foregoing amendment shall be effective as of the date first above written,
      and,
      except as set forth herein, the Rights Agreement shall remain in full force
      and
      effect and shall be otherwise unaffected hereby.

     

    (c)  This
      Amendment may be executed in two or more counterparts, each of which shall
      be
      deemed to be an original, but all for which together shall constitute one and
      the same instrument.

     

    (d)  This
      Amendment shall be deemed to be a contract made under the laws of the State
      of
      Delaware and for all purposes shall be governed by and construed in accordance
      with the laws of such State applicable to contracts to be made and performed
      entirely within such State; provided, however, that all provisions
      regarding the rights, duties and obligations of the Rights Agent shall be
      governed by and construed in accordance with the laws of the State of New York
      applicable to contracts made and to be performed entirely within such
      State.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF, the parties hereto
      have caused this Amendment to be duly executed as of the day and year first
      above written.

     

    

     

    LYONDELL
      CHEMICAL
      COMPANY

    

    By:           /s/
      T. Kevin DeNicola

    
      Name:      T.
        Kevin DeNicola

      Title:       
        Senior
        Vice President, Chief Financial Officer 

         

      

    

    

    
      	
               

            	
              COMPUTERSHARE
                TRUST COMPANY, N.A.

            

    

    

    By:           /s/
      Dennis V. Moccia

    Name:      Dennis
      V. Moccia

    Title:        Managing
      Director

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}]]