Document:

***
      INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL
      TREATMENT AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY
      WITH
      A REQUEST FOR CONFIDENTIAL TREATMENT.

     

    PURCHASE
      AGREEMENT NUMBER 3309

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Relating
      to Boeing Model 737-79P and 737-89P Aircraft

     

    with

     

    CHINA
      EASTERN AVIATION IMPORT & EXPORT CORPORATION

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    TABLE
      OF
      CONTENTS

    

    
      	 	 	 	
              SA

            
	
               

            	  	 	
              NUMBER

            
	
              ARTICLES 

            	 	 	 
	 	 	 	 
	
              1.

            	
              Quantity,
                Model and Description

            	 	
              1

            
	 	 	 	 
	
              2.

            	
              Delivery
                Schedule

            	 	
              1

            
	 	 	 	 
	
              3.

            	
              Price

            	 	
              1

            
	 	 	 	 
	
              4.

            	
              Payment

            	 	
              2

            
	 	 	 	 
	
              5.

            	
              Miscellaneous

            	 	
              2

            
	 	 	 	 
	
              TABLE

            	 	 	 
	 	 	 	 
	
              1.

            	
              Aircraft
                Information Table – Block A Aircraft

            	 	
              5

            
	 	 	 	 
	
              2.

            	
              Aircraft
                Information Table – Block B Aircraft

            	 	
              7

            
	 	 	 	 
	
              EXHIBIT

            	 	 	 
	 	 	 	 
	
              A-1.

            	
              Aircraft
                Configuration – Block A Aircraft

            	 	
              A

            
	 	 	 	 
	
              A-2.

            	
              Aircraft
                Configuration – Block B Aircraft

            	 	
              A

            
	 	 	 	 
	
              B.

            	
              Aircraft
                Delivery Requirements and Responsibilities

            	 	
              B

            
	 	 	 	 
	
              SUPPLEMENTAL
                EXHIBITS

            	 	 
	 	 	 	 
	
              AE1.

            	
              Escalation
                Adjustment/Airframe and Optional Features

            	 	
              AE1

            
	 	 	 	 
	
              BFE1.

            	
              BFE
                Variables

            	 	
              BFE1

            
	 	 	 	 
	
              CS1.

            	
              Customer
                Support Variables

            	 	
              CS1

            
	 	 	 	 
	
              EE1.

            	
              Engine
                Escalation/Engine Warranty and Patent Indemnity

            	 	
              EE1

            
	 	 	 	 
	
              SLP1.

            	
              Service
                Life Policy Components

            	 	
              SLP1

            

    

    
      
        
        

      

      
        i

        
          

        

      

      
        
        

      

    

    LETTER
      AGREEMENTS

     

    
      	
              3309-01

            	
              737
                Spare Parts Initial Provisioning

            
	 	 
	
              3309-02

            	
              Aircraft
                Model Substitution

            
	 	 
	
              6-1165-REW-0111

            	
              Liquidated
                Damages Non-Excusable Delay

            
	 	 
	
              6-1165-REW-0112

            	
              Performance
                Guarantees

            
	 	 
	
              6-1165-REW-0113

            	
              Special
                Matters - Toolbox Contract Extension

            
	 	 
	
              6-1165-REW-0114

            	
              Special
                Matters

            
	 	 
	
              6-1165-REW-0115

            	
              Payment
                Matters

            
	 	 
	
              6-1165-REW-0116

            	
              Government
                Approval

            
	 	 
	
              6-1165-REW-0117

            	
              Special
                Escalation Program

            
	 	 
	
              6-1165-REW-0118

            	
              Shareholder
                Approval

            
	 	 
	
              6-1165-REW-0119

            	
              Board
                Approval

            
	 	 
	
              6-1165-REW-0120

            	
              Volume
                Agreement

            

    

    
      
        
        

      

      
        ii

        
          

        

      

      
        
        

      

    

    Purchase
      Agreement No. 3309

     

    between

     

    The
      Boeing Company

     

    and
      

     

    China
      Eastern Airlines Corporation, Ltd.

     

      
        

      

       

    

    This
      Purchase Agreement No. 3309 dated as of  30
      JAN 2008
      between
      The Boeing Company (Boeing)
      and
      China Eastern Airlines Corporation, Ltd., (Customer)
      relating to the purchase and sale of Model 737-79P and 737-89P aircraft together
      with all tables, exhibits, supplemental exhibits, letter agreement and other
      attachments thereto, if any, (Purchase
      Agreement)
      incorporates the terms and conditions of the Aircraft General Terms Agreement
      dated as of March 7, 2001 between the parties, identified as AGTA-CEA (AGTA).
      Boeing and China Eastern Aviation Import & Export Corporation consent and
      agree that Customer may utilize the AGTA for the Purchasing Agreement, and
      Customer agrees to be bound by the terms and conditions of the
      AGTA.

     

    
      
        Article
          1. Quantity,
          Model and Description.

      

    

     

    The
      aircraft to be delivered to Customer will be designated as Model 737-79P and
      737-89P aircraft (the Aircraft).
      Boeing
      will manufacture and sell to Customer Aircraft conforming to the configuration
      described in Exhibit A- l and A-2 in the quantities listed in Table 1 and Table
      2 to the Purchase Agreement.

     

    
      
        Article
          2. Delivery
          Schedule.

      

    

     

    The
      scheduled months of delivery of the Aircraft are listed in the attached Table
      1
      and Table 2. Exhibit B describes certain responsibilities for both Customer
      and
      Boeing in order to accomplish the delivery of the Aircraft.

     

    
      
        Article
          3. Price.

      

    

     

    3.1 Aircraft
      Basic Price.
      The
      Aircraft Basic Price is listed in Table 1 and Table 2 in subject to escalation
      dollars.

     

    3.2 Advance
      Payment Base Prices.
      The
      Advance Payment Base Prices
      listed in Table 1 and Table 2 were calculated utilizing the latest escalation
      factors available
      to Boeing on the date of this Purchase Agreement projected to the month of
      scheduled delivery.

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    
      
        Article
          4.Payment.

      

    

     

    ***

    

    
      
        Article
          5.Miscellaneous.

      

    

     

    5.1 Aircraft
      Information Table.
      Table 1
      and Table 2 consolidate information contained in Articles 1, 2, 3 and 4 with
      respect to (i) quantity of Aircraft, (ii) applicable Detail Specification,
      (iii)
      month and year of scheduled deliveries, (iv) Aircraft Basic Price, (v)
      applicable escalation factors and (vi) Advance Payment Base Prices and advance
      payments and their schedules.

     

    5.2 Escalation
      Adjustment/Airframe and Optional Features.
      Supplemental Exhibit AE1 contains the applicable airframe and optional features
      escalation formula.

     

    5.3 Buyer
      Furnished Equipment Variables.
      Supplemental Exhibit BFE1 contains vendor selection dates, on dock dates and
      other variables applicable to the Aircraft.

     

    5.4 Customer
      Support Variables.
      Information, training, services and other things furnished by Boeing in support
      of introduction of the Aircraft into Customer's fleet are described in
      Supplemental Exhibit CS1. The level of support to be

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    provided
      under Supplemental Exhibit CS1 (the Entitlements) assumes that at the time
      of
      delivery of Customer's first Aircraft under the Purchase Agreement, Customer
      has
      taken possession of a 737-79P and 737-89P aircraft whether such aircraft was
      purchased, leased or otherwise obtained by Customer from Boeing or another
      party. Under no circumstances under the Purchase Agreement or any other
      agreement will Boeing provide the Entitlements more than once to support
      Customer's operation of 737-79P and 737-89P aircraft.

    

    5.5 Engine
      Escalation Variables.
      Supplemental Exhibit EE1 describes the applicable engine escalation formula
      and
      contains the engine warranty and the engine patent indemnity for the
      Aircraft.

     

    5.6 Service
      Life Policy Component Variables.
      Supplemental Exhibit SLP1 lists the SLP Components covered by the Service Life
      Policy for the Aircraft (Covered
      Components).

     

    5.7 Public
      Announcement.
      Boeing
      reserves the right to make a public announcement regarding Customer's purchase
      of the Aircraft upon approval of Boeing's press release by Customer's public
      relations department or other authorized representative.

     

    5.8 Negotiated
      Agreement; Entire Agreement.
      This
      Purchase Agreement, including the provisions of Article 8.2 of the AGTA relating
      to insurance, and Article 11 of Part 2 of Exhibit C of the AGTA relating to
      DISCLAIMER
      AND RELEASE
      and
EXCLUSION
      OF CONSEQUENTIAL AND OTHER DAMAGES,
      has
      been the subject of discussion and negotiation and is understood by the parties;
      the Aircraft Price and other agreements of the parties stated in this Purchase
      Agreement were arrived at in consideration of such provisions. This Purchase
      Agreement, including the AGTA, contains the entire agreement between the parties
      and supersedes all previous proposals, understandings, commitments or
      representations whatsoever, oral or written, and may be changed only in writing
      signed by authorized representatives of the parties.

     

    5.9 Confidential
      Treatment.
      The
      information contained herein represents confidential business information and
      has value precisely because it is not available generally or to other parties.
      By receiving this Purchase Agreement, 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 evaluate or respond to 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. In addition to any equitable
      relief that may be available to Boeing in the event of a breach of this clause,
      Boeing may rescind any business concessions or delivery positions that are
      the
      subject of the unauthorized disclosure by Customer.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    [***THIS
      PAGE HAS BEEN REDACTED***]

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    Table
      1 to

    Aircraft
      Delivery, Description, Price and Advance Payments

    

    
      	
              Airframe
                Model/MTOW:

            	 	
              737-700

            	 	
              Detail
                Specification:

            	 	
              D019A001CEA37P-1 (8/6/2007)

            
	 	 	 	 	 	 	 
	
              Engine
                Model/Thrust:

            	 	
              CFM56-7B22

            	 	
              Airframe
                Price Base Year/Escalation Formula:

            	 	
              ***

            
	 	 	 	 	 	 	 
	
              Airframe
                Price:

            	 	
              ***

            	 	
              Engine
                Price Base Year/Escalation Formula:

            	 	
              ***

            
	 	 	 	 	 	 	 
	
              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 (ICI):

            	 	
              ***

            
	 	 	 	 	 	 	 
	
              Buyer
                Furnished Equipment (BFE) Estimate:

            	 	
              ***

            	 	 	 	
            
	 	 	 	 	 	 	 
	
              Seller
                Furnished Equipment (SPE) Estimate:

            	 	
              ***

            	 	 	 	
            
	 	 	 	 	 	 	 
	 	 	
              ***

            	 	 	 	
            
	 	 	 	 	 	 	 
	
              Refundable
                Deposit/Aircraft at proposal Accept:

            	
                

            	
              ***

            	
                

            	 	
                

            	
               

            

    

    

    
      	
              Delivery
                Date

            	 	
              Number
                of

              Aircraft

            	 	
              ***

            
	
              Jul-2011

            	 	
              1

            	 	
              ***

            
	
              Aug-2012

            	 	
              1

            	 	
              ***

            
	
              Nov-2012

            	 	
              1

            	 	
              ***

            
	
              Apr-2013

            	 	
              1

            	 	
              ***

            
	
              Aug-2013

            	 	
              1

            	 	
              ***

            
	
              Nov-2013

            	 	
              1

            	 	
              ***

            
	
              Feb-2014

            	 	
              1

            	 	
              ***

            
	
              Apr-2014

            	 	
              1

            	 	
              ***

            
	
              Jun-2014

            	 	
              1

            	 	
              ***

            
	
              Aug-2014

            	 	
              1

            	 	
              ***

            
	
              Oct-2014

            	 	
              1

            	 	
              ***

            
	
              Mar-2015

            	 	
              1

            	 	
              ***

            
	
              Jun-2015

            	 	
              1

            	 	
              ***

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      Table
        1 to

      Aircraft
        Delivery, Description, Price and Advance Payments
        (continued)

    

     

    
      	
              Aug-2015

            	 	
              1

            	 	
              ***

            
	
              Oct
                -2015

            	 	
              1

            	 	
              ***

            
	
              Total:

            	
                

            	
              15

            	
                

            	
              ***

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    Table
      2 to

    Aircraft
      Delivery, Description, Price and Advance Payments

    

    
      	
              Airframe
                Model/MTOW:

            	 	
              737-800

            	 	
              Detail
                Specification:

            	 	
              D019A001CEA38P-1 REV B (10/3/2005)

            
	 	 	 	 	 	 	 
	
              Engine
                Model/Thrust:

            	 	
              CFM56-7B2

            	 	
              Airframe
                Price Base Year/Escalation Formula:

            	 	
              ***

            
	 	 	 	 	 	 	 
	
              Airframe
                Price:

            	 	
              ***

            	 	
              Engine
                Price Base Year/Escalation Formula:

            	 	
              ***

            
	 	 	 	 	 	 	 
	
              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 (ICI):

            	 	
              ***

            
	 	 	 	 	 	 	 
	
              Buyer
                Furnished Equipment (BFE) Estimate:

            	 	
              ***

            	 	 	 	
            
	 	 	 	 	 	 	 
	
              Seller
                Furnished Equipment (SPE) Estimate:

            	 	
              ***

            	 	 	 	
               

            
	 	 	
              ***

            	 	 	 	
               

            
	 	 	 	 	 	 	 
	
              Refundable
                Deposit/Aircraft at Proposal Accep:

            	
                

            	
              ***

            	
                

            	 	
                

            	
               

            

    

    

    
      	
              Delivery
                Date

            	 	
              Number
                of

              Aircraft

            	 	
              ***

            
	
              Nov-2011

            	 	
              1

            	 	
              ***

            
	
              Oct-2012

            	 	
              1

            	 	
              ***

            
	
              Mar-2013

            	 	
              1

            	 	
              ***

            
	
              Jun-2013

            	 	
              1

            	 	
              ***

            
	
              Sep-2013

            	 	
              1

            	 	
              ***

            
	
              Dec-2013

            	 	
              1

            	 	
              ***

            
	
              Mar-2014

            	 	
              1

            	 	
              ***

            
	
              May-2014

            	 	
              1

            	 	
              ***

            
	
              Jul-2014

            	 	
              1

            	 	
              ***

            
	
              Sep-2014

            	 	
              1

            	 	
              ***

            
	
              Feb-2015

            	 	
              1

            	 	
              ***

            
	
              Apr-2015

            	 	
              1

            	 	
              ***

            
	
              Jul-2015

            	 	
              1

            	 	
              ***

            

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    
      Table
        2 to

      Aircraft
        Delivery, Description, Price and Advance Payments
        (continued)

    

     

    
      	
              Sep2015

            	 	
              1

            	 	
              ***

            
	
              Nov-2015

            	 	
              1

            	 	
              ***

            
	
              Total:

            	
                

            	
              15

            	
                

            	
              ***

            

    

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    AIRCRAFT
      CONFIGURATION

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Exhibit
      A-1 to Purchase Agreement Number 3309

     

    Block
      A aircraft

    
      
        
        

      

      
        A

        
          

        

      

      
        
        

      

    

     

    AIRCRAFT
      CONFIGURATION

     

    Dated
      30
      JAN 2008

     

    relating
      to

     

    Block
      A

     

    BOEING
      MODEL 737-79P AIRCRAFT

     

    The
      Detail Specification is Boeing Detail Specification D019A001CEA38P-1 Rev TBD
      dated as of TBD. Such Detail Specification will be comprised of Boeing Detail
      Specification D019A001CEA37P-1 Rev L dated August 6, 2007 as amended to
      incorporate the Options listed below, including the effects on Manufacturer’s
      Empty Weight (MEW) and Operating Empty Weight (OEW). As soon as practicable,
      Boeing will furnish to Customer copies of the Detail Specification, which copies
      will reflect such Options. The Aircraft Basic Price reflects and includes all
      effects of such Options, except such Aircraft Basic Price does not include
      the
      price effects of any Buyer Furnished Equipment or Seller Purchased
      Equipment.

     

    
      
        
        

      

      
        A-1

        
          

        

      

      
        
        

      

    

     

    

        Attachment
          A-1

        to
          PA
          3309

         

    

      ***

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      

           

          Attachment
            A-1

          to
            PA
            3309

           

      

        ***

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      

           

          Attachment
            A-1

          to
            PA
            3309

           

      

        ***

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      

          Attachment
            A-1

          to
            PA
            3309

           

      

        ***

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      

          Attachment
            A-1

          to
            PA
            3309

      

        ***

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      

          Attachment
            A-1

          to
            PA
            3309

           

      

        ***

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      

          Attachment
            A-1 to 

          PA
            3309

           

      

        ***

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      AIRCRAFT
        CONFIGURATION

       

      between

       

      THE
        BOEING COMPANY

       

      and

       

      CHINA
        EASTERN AIRLINES CORPORATION, LTD.

       

      Exhibit
        A-2 to Purchase Agreement Number 3309

       

      Block
        B aircraft

      
        
          
          

        

        
          A

          
            

          

        

        
          
          

        

      

      AIRCRAFT
        CONFIGURATION

       

      Dated
        30
        Jan
        2008

       

      relating
        to

       

      Block
        B

       

      BOEING
        MODEL 737-89P AIRCRAFT

       

      The
        Detail Specification is Boeing Detail Specification D019A001CEA38P-1 Rev
        TBD
        dated as of TBD. Such Detail Specification will be comprised of Boeing Detail
        Specification D019A001CEA38P-1 Rev B dated October 3, 2005 as amended to
        incorporate the Options listed below, including the effects on Manufacturer’s
        Empty Weight (MEW) and Operating Empty Weight (OEW). As soon as practicable,
        Boeing will furnish to Customer copies of the Detail Specification, which
        copies
        will reflect such Options. The Aircraft Basic Price reflects and includes
        all
        effects of such Options, except such Aircraft Basic Price does not include
        the
        price effects of any Buyer Furnished Equipment or Seller Purchased
        Equipment.

       

      
        
          
          

        

        
          A-1

          
            

          

        

        
          
          

        

      

       

      

          Exhibit
            A-2 to

          Purchase
            Agreement No. 3309

           

          ***

           

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        

            
              Exhibit
                A-2 to

              Purchase
                Agreement No. 3309

               

              ***

            

          

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

        

      

      
         

        

            Exhibit
              A-2 to

            Purchase
              Agreement No. 3309

             

            ***

          

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

        

      

      
         

        

            Exhibit
              A-2 to

            Purchase
              Agreement No. 3309

             

            ***

          

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

        

      

      
         

        

            Exhibit
              A-2 to

            Purchase
              Agreement No. 3309

             

            ***

             

        

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    AIRCRAFT
      DELIVERY REQUIREMENTS AND RESPONSIBILITIES

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Exhibit
      B
      to Purchase Agreement Number 3309

     

    
      
        
        

      

      
        B

        
          

        

      

      
        
        

      

    

    Exhibit
      B
      to

    Purchase
      Agreement No. 3309

    Page
      1

    

    AIRCRAFT
      DELIVERY REQUIREMENTS AND RESPONSIBILITIES

    

    relating
      to

    

    BOEING
      MODEL 737-79P and 737-89P AIRCRAFT

    

    

    Both
      Boeing and Customer have certain documentation and approval responsibilities
      at
      various time during the construction cycle of Customer’s Aircraft that are
      critical to making the delivery of each Aircraft a positive experience for
      both
      parties. This Exhibit B documents those responsibilities and indicates
      recommended completion deadlines for the actions to be
      accomplished.

    

    
      	
            	1.	
              GOVERNMENT
                DOCUMENTATION REQUIREMENTS.

            

    

     

    Certain
      actions are required to be taken by Customer in advance of the scheduled
      delivery month of each Aircraft with respect to obtaining certain government
      issued documentation.

     

    
      	
            	1.1	
              Airworthiness
                and Registration Documents.

            

    

     

    Not
      later
      than 6
      months prior to delivery
      of each
      Aircraft, Customer will notify Boeing of the registration number to be painted
      on the side of the Aircraft. In addition, not later than 3
      months prior to delivery
      of each
      Aircraft, Customer will, by letter to the regulatory authority having
      jurisdiction, authorize the temporary use of such registration numbers by Boeing
      during the pre-delivery testing of the Aircraft.

     

    Customer
      is responsible for furnishing any Temporary or Permanent Registration
      Certificates required by any governmental authority having jurisdiction to
      be
      displayed aboard the Aircraft after delivery.

     

    
      	
            	1.2	
              Certificate
                of Sanitary Construction.

            

    

     

    1.2.1 U.S.
      Registered Aircraft.
      Boeing
      will obtain from the United States Public Health Service, a United States
      Certificate of Sanitary Construction to be displayed aboard each Aircraft after
      delivery to Customer.

     

    1.2.2 Non-U.S.
      Registered Aircraft.
      If
      Customer requires a United States Certificate of Sanitary Construction at the
      time of delivery of the Aircraft, Customer will give written notice thereof
      to
      Boeing at least 3 months prior to delivery. Boeing will then use its reasonable
      best efforts to obtain the Certificate from

     

    
      
        
        

      

      
        B-1

        
          

        

      

      
        
        

      

    

    

      Exhibit
        B
        to

      Purchase
        Agreement No. 3309

      Page
        2

       

      the
        United States Public Health Service and present it
        to Customer at the time of Aircraft delivery.

       

    

    
      	
            	
              1.3

            	
              Customs
                Documentation.

            

    

     

    1.3.1 Import
      Documentation.
      If the
      Aircraft is intended to be exported from the United States, Customer must notify
      Boeing not later than 3 months prior to delivery of each Aircraft of any
      documentation required by the customs authorities or by any other agency of
      the
      country of import.

     

    1.3.2 General
      Declaration - U.S.
      If the
      Aircraft is intended to be exported from the United States, Boeing will prepare
      Customs Form 7507, General Declaration, for execution by U.S. Customs
      immediately prior to the ferry flight of the Aircraft. For this purpose,
      Customer will furnish to Boeing not later than 20 days prior to delivery all
      information required by U.S. Customs or U.S. Immigration and Naturalization
      Service, including without limitation (i) a complete crew and passenger list
      identifying the names, birth dates, passport numbers and passport expiration
      dates of all crew and passengers and (ii) a complete ferry flight itinerary,
      including point of exit from the United States for the Aircraft.

     

    If
      Customer intends, during the ferry flight of an Aircraft, to land at a U.S.
      airport after clearing Customs at delivery, Customer must notify Boeing not
      later than 20
      days prior to delivery
      of such
      intention. If Boeing receives such notification, Boeing will provide to Customer
      the documents constituting a Customs permit to proceed, allowing such Aircraft
      to depart after any such landing. Sufficient copies of completed Form 7507,
      along with passenger manifest, will be furnished to Customer to cover U.S.
      stops
      scheduled for the ferry flight.

     

    1.3.3 Export
      Declaration - U.S.
      If the
      Aircraft is intended to be exported from the United States, Boeing will prepare
      Form 7525V and, immediately
      prior to the ferry flight,
      will
      submit such Form to U.S. Customs on Seattle in order to obtain clearance for
      the
      departure of the Aircraft, including any cargo, from the United States. U.S.
      Customs will deliver the Export Declaration to the U.S. Department of Commerce
      after export.

     

    
      	
            	2.	
              INSURANCE
                CERTIFICATES.

            

    

     

    ***

     

    
      
        
        

      

      
        B-2

        
          

        

      

      
        
        

      

    

    

      Exhibit
        B
        to

      Purchase
        Agreement No. 3309

      Page
        3

    

    

    
      	
            	3.	
              NOTICE
                OF FLYAWAY CONFIGURATION.

            

    

     

    ***

     

    
      	
            	4.	
              DELIVERY
                ACTIONS BY BOEING.

            

    

     

    ***

     

    
      
        
        

      

      
        B-3

        
          

        

      

      
        
        

      

    

    

      Exhibit
        B
        to

      Purchase
        Agreement No. 3309

      Page
        4

    

     

    ***

     

    
      	
            	5.	
              DELIVERY
                ACTIONS BY CUSTOMER.

            

    

     

    5.1 Aircraft
      Radio Station License. At delivery Customer will provide its Aircraft Radio
      Station License to be placed on board the Aircraft following
      delivery.

     

    5.2 Aircraft
      Flight Log.
      At
      delivery Customer will provide the Aircraft Flight Log for the
      Aircraft.

     

    5.3 Delegation
      of Authority.
      Customer will present to Boeing at delivery of the Aircraft an original or
      certified copy of Customer’s Delegation of Authority designing and authorizing
      certain persons to act on its behalf in connection with delivery of the
      specified Aircraft.

     

    5.4 TSA
      Waiver Approval.
      Should
      the Aircraft be exported, a TSA waiver approval is required for the ferry
      flight, unless Customer has a TSA

     

    
      
        
        

      

      
        B-4

        
          

        

      

      
        
        

      

    

    

      Exhibit
        B
        to

      Purchase
        Agreement No. 3309

      Page
        5

       

    

    approved
      program. Customer is responsible for submittal of TSA waiver to the TSA and
      following up with the TSA for approval. A copy of the TSA waiver approval is
      to
      be provided by Customer to Boeing upon arrival of Customer’s acceptance team at
      the Boeing delivery center.

     

    
      
        
        

      

      
        B-5

        
          

        

      

      
        
        

      

    

    ESCALATION
      ADJUSTMENT

     

    AIRFRAME
      AND OPTIONAL FEATURES

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Supplemental
      Exhibit AE1 to Purchase Agreement Number 3309

     

    
      
        
        

      

      
        AE1

        
          

        

      

      
        
        

      

    

    
      	
              1.

            	
              Formula.

            

    

     

    ***

     

    
      
        
        

      

      
        AE1-1

        
          

        

      

      
        
        

      

    

     

    [***THIS
      PAGE HAS BEEN REDACTED***]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    [***THIS
      PAGE HAS BEEN REDACTED***]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    [***THIS
      PAGE HAS BEEN REDACTED***]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    BUYER
      FURNISHED EQUIPMENT VARIABLES

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD. (CEA)

     

    Supplemental
      Exhibit BFE1 to Purchase Agreement Number 3309

     

    
      
        
        

      

      
        BFE1

        
          

        

      

      
        
        

      

    

    BUYER
      FURNISHED EQUIPMENT VARIABLES

     

    relating
      to

     

    BOEING
      MODEL 737-79P and 737-89P AIRCRAFT

     

    This
      Supplemental Exhibit BFE1 contains vendor selection dates, on-dock dates and
      other variables applicable to the Aircraft.

     

    
      	
              1.

            	
              Supplier
                Selection.

            

    

     

    Customer
      will:

     

    
      	 	
              1.1

            	
              Select
                and notify Boeing of the suppliers and part numbers of the following
                BFE
                items by the following dates:

            

    

     

    
      	
              Galley
                System

            	
              ***September
                1, 2010

            
	 	 
	
              Galley
                Inserts

            	
              ***September
                1, 2010

            
	 	 
	
              Seats
                (passenger)

            	
              ***September
                1, 2010

            
	 	 
	
              Cabin
                Systems Equipment

            	
              September
                1, 2010

            
	 	 
	
              Miscellaneous
                Emergency Equipment

            	
              September
                1, 2010

            
	 	 
	
              Cargo
                Handling Systems

            	
              September
                1, 2010

            

    

     

    For
      a new
      certification, supplier requires notification 10 months prior to Cargo Handling
      System on-dock date.

     

    **-If
      configuration for this program includes any or all below, customer will need
      to
      provide Supplier Selections two (2) months earlier than stated
      above.

     

    
      	 	
              -

            	
              Development
                seats

            

    

     

    
      	 	
              -

            	
              In
                seat video

            

    

     

    
      	 	
              -

            	
              G4C/G4D
                galleys

            

    

     

    
      
        
        

      

      
        BFE1-1

        
          

        

      

      
        
        

      

    

    2. On-dock
      Dates

     

    On
      or
      before October 2010, Boeing will provide to Customer a BFE Requirements
      On-Dock/Inventory Document (BFE Document) or an electronically transmitted
      BFE
      Report which may be periodically revised, setting forth the items, quantities,
      on-dock dates and shipping instructions relating to the in-sequence installation
      of BFE. For planning purposes, a preliminary BFE on-dock schedule is set forth
      below:

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              July 2011

              Aircraft

            	 	
              November 2011

              Aircraft

            	 
	
              Seats

            	 	5/20/2011	 	9/22/2011	 
	
              Galleys/Furnishings

            	 	5/13/2011	 	9/15/2011	 
	
              Antennas
                & Mounting Equipment

            	 	3/21/2011	 	7/22/2011	 
	
              Avionics

            	 	5/13/2011	 	9/15/2011	 
	
              Cabin
                Systems Equipment

            	 	5/13/2011	 	9/15/2011	 
	
              Miscellaneous
                Emergency Equipment

            	 	5/13/2011	 	9/15/2011	 
	
              Textiles/Raw
                Material

            	 	2/8/2011	 	6/9/2011	 
	
              Cargo
                Systems

            	 	4/29/2011	 	9/1/2011	 
	
              Provision
                Kits

            	 	12/23/2010	 	5/2/2011	 
	
              Radomes

            	 	4/13/2011	 	8/15/2011	 

    

     

    
      
        
        

      

      
        BFE1-2

        
          

        

      

      
        
        

      

    

    

      
        	
                Item

              	 	
                Preliminary On-Dock Dates

              	 
	 	 	
                August 2012

                Aircraft

              	 	
                October 2012

                Aircraft

              	 
	
                Seats

              	 	6/21/2012	 	8/23/2012	 
	
                Galleys/Furnishings

              	 	6/14/2012	 	8/16/2012	 
	
                Antennas
                  & Mounting Equipment

              	 	4/20/2012	 	6/22/2012	 
	
                Avionics

              	 	6/14/2012	 	8/16/2012	 
	
                Cabin
                  Systems Equipment

              	 	6/14/2012	 	8/16/2012	 
	
                Miscellaneous
                  Emergency Equipment

              	 	6/14/2012	 	8/16/2012	 
	
                Textiles/Raw
                  Material

              	 	3/9/2012	 	5/10/2012	 
	
                Cargo
                  Systems

              	 	6/1/2012	 	8/2/2012	 
	
                Provision
                  Kits

              	 	2/1/2012	 	4/2/2012	 
	
                Radomes

              	 	5/14/2012	 	7/16/2012	 

      

    

    

      
        	
                Item

              	 	
                Preliminary On-Dock Dates

              	 
	 	 	
                November 2012

                Aircraft

              	 	
                March 2013

                Aircraft

              	 
	
                Seats

              	 	9/20/2012	 	1/23/2013	 
	
                Galleys/Furnishings

              	 	9/13/2012	 	1/16/2013	 
	
                Antennas
                  & Mounting Equipment

              	 	7/20/2012	 	11/26/2012	 
	
                Avionics

              	 	9/13/2012	 	1/16/2013	 
	
                Cabin
                  Systems Equipment

              	 	9/13/2012	 	1/16/2013	 
	
                Miscellaneous
                  Emergency Equipment

              	 	9/13/2012	 	1/16/2013	 
	
                Textiles/Raw
                  Material

              	 	6/7/2012	 	10/1/2012	 
	
                Cargo
                  Systems

              	 	8/30/2012	 	1/2/2013	 
	
                Provision
                  Kits

              	 	4/30/2012	 	9/4/2012	 
	
                Radomes

              	 	8/13/2012	 	1/11/2012	 

      

    

     

    
      
        
        

      

      
        BFE1-3

        
          

        

      

      
        
        

      

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              April 2013

              Aircraft

            	 	
              June 2013

              Aircraft

            	 
	
              Seats

            	 	2/20/2013	 	4/19/2013	 
	
              Galleys/Furnishings

            	 	2/13/2013	 	4/12/2013	 
	
              Antennas
                & Mounting Equipment

            	 	12/11/2012	 	2/20/2013	 
	
              Avionics

            	 	2/13/2013	 	4/12/2013	 
	
              Cabin
                Systems Equipment

            	 	2/13/2013	 	4/12/2013	 
	
              Miscellaneous
                Emergency Equipment

            	 	2/13/2013	 	4/12/2013	 
	
              Textiles/Raw
                Material 

            	 	10/29/2012	 	1/10/2013	 
	
              Cargo
                Systems

            	 	1/30/2013	 	3/29/2013	 
	
              Provision
                Kits

            	 	9/28/2012	 	11/29/2012	 
	
              Radomes

            	 	1/14/2013	 	4/10/2013	 

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              August 2013

              Aircraft

            	 	
              September 2013

              Aircraft

            	 
	
              Seats

            	 	 6/20/2013	 	 7/23/2013	 
	
              Galleys/Furnishings

            	 	 6/13/2013	 	 7/16/2013	 
	
              Antennas
                & Mounting Equipment

            	 	 4/19/2013	 	 5/23/2013	 
	
              Avionics

            	 	 6/13/2013	 	 7/16/2013 
	
              Cabin
                Systems Equipment

            	 	 6/13/2013	 	 7/16/2013	 
	
              Miscellaneous
                Emergency Equipment

            	 	 6/13/2013	 	 7/16/2013	 
	
              Textiles/Raw
                Material

            	 	 3/8/2013	 	 4/9/2013	 
	
              Cargo
                Systems

            	 	 5/30/2013	 	 7/2/2013	 
	
              Provision
                Kits

            	 	 1/30/2013	 	 3/1/2013	 
	
              Radomes

            	 	 5/13/2013	 	 6/17/2013	 

    

     

    
      
        
        

      

      
        BFE1-4

        
          

        

      

      
        
        

      

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              November 2013

              Aircraft

            	 	
              December 2013

              Aircraft

            	 
	
              Seats

            	 	9/20/2013	 	10/23/2013	 
	
              Galleys/Furnishings

            	 	9/13/2013	 	10/16/2013	 
	
              Antennas
                & Mounting Equipment

            	 	7/19/2013	 	8/23/2013	 
	
              Avionics

            	 	9/13/2013	 	10/16/2013	 
	
              Cabin
                Systems Equipment

            	 	9/13/2013	 	10/16/2013	 
	
              Miscellaneous
                Emergency Equipment

            	 	9/13/2013	 	10/16/2013	 
	
              Textiles/Raw
                Material 

            	 	6/7/2013	 	7/11/2013	 
	
              Cargo
                Systems

            	 	8/30/2013	 	10/2/2013	 
	
              Provision
                Kits

            	 	4/30/2013	 	6/3/2013	 
	
              Radomes

            	 	9/10/2013	 	9/16/2013	 

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              February 2014

              Aircraft

            	 	
              March 2014

              Aircraft

            	 
	
              Seats

            	 	12/13/2013	 	1/23/2014	 
	
              Galleys/Furnishings

            	 	12/6/2013	 	1/16/2014	 
	
              Antennas
                & Mounting Equipment

            	 	10/14/2013	 	11/22/2013	 
	
              Avionics

            	 	12/6/2013	 	1/16/2014	 
	
              Cabin
                Systems Equipment

            	 	12/6/2013	 	1/16/2014	 
	
              Miscellaneous
                Emergency Equipment

            	 	12/6/2013	 	1/16/2014	 
	
              Textiles/Raw
                Material

            	 	8/29/2013	 	10/1/2013	 
	
              Cargo
                Systems

            	 	11/22/2013	 	1/2/2014	 
	
              Provision
                Kits

            	 	7/22/2013	 	9/3/2013	 
	
              Radomes

            	 	11/6/2013	 	12/16/2013	 

    

     

    
      
        
        

      

      
        BFE1-5

        
          

        

      

      
        
        

      

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              April 2014

              Aircraft

            	 	
              May 2014

              Aircraft

            	 
	
              Seats

            	 	2/20/2014	 	3/21/2014	 
	
              Galleys/Furnishings

            	 	2/13/2014	 	3/14/2014	 
	
              Antennas
                & Mounting Equipment

            	 	12/20/2013	 	1/21/2014	 
	
              Avionics

            	 	2/13/2014	 	3/14/2014	 
	
              Cabin
                Systems Equipment

            	 	2/13/2014	 	3/14/2014	 
	
              Miscellaneous
                Emergency Equipment

            	 	2/13/2014	 	3/14/2014	 
	
              Textiles/Raw
                Material

            	 	10/29/2013	 	11/27/2013	 
	
              Cargo
                Systems

            	 	1/30/2014	 	2/28/2014	 
	
              Provision
                Kits

            	 	9/30/2013	 	10/28/2013	 
	
              Radomes

            	 	1/13/2014	 	2/14/2014	 

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              June 2014

              Aircraft

            	 	
              July 2014

              Aircraft

            	 
	
              Seats

            	 	4/22/2014	 	5/21/2014	 
	
              Galleys/Furnishings

            	 	4/15/2014	 	5/14/2014	 
	
              Antennas
                & Mounting Equipment

            	 	2/21/2014	 	3/21/2014	 
	
              Avionics

            	 	4/15/2014	 	5/14/2014	 
	
              Cabin
                Systems Equipment

            	 	4/15/2014	 	5/14/2014	 
	
              Miscellaneous
                Emergency Equipment

            	 	4/15/2014	 	5/14/2014	 
	
              Textiles/Raw
                Material

            	 	1/9/2014	 	2/7/2014	 
	
              Cargo
                Systems

            	 	4/2/2014	 	5/1/2014	 
	
              Provision
                Kits

            	 	12/2/2013	 	1/2/2014	 
	
              Radomes

            	 	3/14/2014	 	4/14/2014	 

    

     

    
      
        
        

      

      
        BFE1-6

        
          

        

      

      
        
        

      

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              August 2014

              Aircraft

            	 	
              September 2014

              Aircraft

            	 
	
              Seats

            	 	6/20/2014	 	7/23/2014	 
	
              Galleys/Furnishings

            	 	6/13/2014	 	7/16/2014	 
	
              Antennas
                & Mounting Equipment

            	 	4/21/2014	 	5/23/2014	 
	
              Avionics

            	 	6/13/2014	 	7/16/2014	 
	
              Cabin
                Systems Equipment

            	 	6/13/2014	 	7/16/2014	 
	
              Miscellaneous
                Emergency Equipment

            	 	6/13/2014	 	7/16/2014	 
	
              Textiles/Raw
                Material 

            	 	3/10/2014	 	4/9/2014	 
	
              Cargo
                Systems

            	 	5/30/2014	 	7/2/2014	 
	
              Provision
                Kits

            	 	1/30/2014	 	3/3/2014	 
	
              Radomes

            	 	5/13/2014	 	6/16/2014	 

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              October 2014

              Aircraft

            	 	
              February 2015

              Aircraft

            	 
	
              Seats

            	 	8/21/2014	 	12/15/2014	 
	
              Galleys/Furnishings

            	 	8/14/2014	 	12/8/2014	 
	
              Antennas
                & Mounting Equipment

            	 	6/20/2014	 	10/15/2014	 
	
              Avionics

            	 	8/14/2014	 	12/8/2014	 
	
              Cabin
                Systems Equipment

            	 	8/14/2014	 	12/8/2014	 
	
              Miscellaneous
                Emergency Equipment

            	 	8/14/2014	 	12/8/2014	 
	
              Textiles/Raw
                Material

            	 	5/8/2014	 	8/29/2014	 
	
              Cargo
                Systems

            	 	7/31/2014	 	11/24/2014	 
	
              Provision
                Kits

            	 	3/31/2014	 	7/24/2014	 
	
              Radomes

            	 	7/14/2014	 	11/7/2014	 

    

     

    
      
        
        

      

      
        BFE1-7

        
          

        

      

      
        
        

      

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              March 2015

              Aircraft

            	 	
              April 2015

              Aircraft

            	 
	
              Seats

            	 	1/22/2015	 	2/19/2015	 
	
              Galleys/Furnishings

            	 	1/15/2015	 	2/12/2015	 
	
              Antennas
                & Mounting Equipment

            	 	11/23/2014	 	12/19/2014	 
	
              Avionics

            	 	1/15/2015	 	2/12/2015	 
	
              Cabin
                Systems Equipment

            	 	1/15/2015	 	2/12/2015	 
	
              Miscellaneous
                Emergency Equipment

            	 	1/15/2015	 	2/12/2015	 
	
              Textiles/Raw
                Material 

            	 	9/30/2014	 	10/28/2014	 
	
              Cargo
                Systems

            	 	1/2/2015	 	1/29/2015	 
	
              Provision
                Kits

            	 	9/2/2014	 	9/29/2014	 
	
              Radomes

            	 	12/15/2014	 	1/12/2015	 

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              June 2015

              Aircraft

            	 	
              July 2015

              Aircraft

            	 
	
              Seats

            	 	4/22/2015	 	5/20/2015	 
	
              Galleys/Furnishings

            	 	4/15/2015	 	5/13/2015	 
	
              Antennas
                & Mounting Equipment

            	 	2/23/2015	 	3/20/2015	 
	
              Avionics

            	 	4/15/2015	 	5/13/2015	 
	
              Cabin
                Systems Equipment

            	 	4/15/2015	 	5/13/2015	 
	
              Miscellaneous
                Emergency Equipment

            	 	4/15/2015	 	5/13/2015	 
	
              Textiles/Raw
                Material

            	 	1/9/2015	 	2/6/2015	 
	
              Cargo
                Systems

            	 	4/1/2015	 	4/29/2015	 
	
              Provision
                Kits

            	 	12/1/2014	 	12/23/2014	 
	
              Radomes

            	 	3/16/2015	 	4/13/2015	 

    

     

    
      
        
        

      

      
        BFE1-8

        
          

        

      

      
        
        

      

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              August 2015

              Aircraft

            	 	
              September 2015

              Aircraft

            	 
	
              Seats

            	 	6/22/2015	 	7/23/2015	 
	
              Galleys/Furnishings

            	 	6/15/2015	 	7/16/2015	 
	
              Antennas
                & Mounting Equipment

            	 	4/15/2015	 	5/22/2015	 
	
              Avionics

            	 	6/15/2015	 	7/16/2015	 
	
              Cabin
                Systems Equipment

            	 	6/15/2015	 	7/16/2015	 
	
              Miscellaneous
                Emergency Equipment

            	 	6/15/2015	 	7/16/2015	 
	
              Textiles/Raw
                Material 

            	 	4/24/2015	 	4/9/2015	 
	
              Cargo
                Systems

            	 	6/1/2015	 	7/2/2015	 
	
              Provision
                Kits

            	 	2/2/2015	 	3/2/2015	 
	
              Radomes

            	 	5/15/2015	 	6/16/2015	 

    

     

    
      	
              Item

            	 	
              Preliminary On-Dock Dates

            	 
	 	 	
              October 2015

              Aircraft

            	 	
              November 2015

              Aircraft

            	 
	
              Seats

            	 	8/21/2015	 	9/22/2015	 
	
              Galleys/Furnishings

            	 	8/14/2015	 	9/15/2015	 
	
              Antennas
                & Mounting Equipment

            	 	6/22/2015	 	7/22/2015	 
	
              Avionics

            	 	8/14/2015	 	9/15/2015	 
	
              Cabin
                Systems Equipment

            	 	8/14/2015	 	9/15/2015	 
	
              Miscellaneous
                Emergency Equipment

            	 	8/14/2015	 	9/15/2015	 
	
              Textiles/Raw
                Material

            	 	5/8/2015	 	6/9/2015	 
	
              Cargo
                Systems

            	 	7/31/2015	 	9/1/2015	 
	
              Provision
                Kits

            	 	3/31/2015	 	5/1/2015	 
	
              Radomes

            	 	7/14/2015	 	8/14/2015	 

    

     

    
      
        
        

      

      
        BFE1-9

        
          

        

      

      
        
        

      

    

     

    3. Additional
      Delivery Requirements

     

    Customer
      will insure that Customer’s BFE suppliers provide sufficient information to
      enable Boeing, when acting as Importer of Record for Customer’s BFE, to comply
      with all applicable provisions of the U.S. Customs Service.

     

    
      
        
        

      

      
        BFE1-10

        
          

        

      

      
        
        

      

    

     

    CUSTOMER
      SUPPORT VARIABLES

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Supplemental
      Exhibit CS1 to Purchase Agreement Number 3309

     

    
      
        
        

      

      
        CS1

        
          

        

      

      
        
        

      

    

     

    CUSTOMER
      SUPPORT VARIABLES

     

    relating
      to

     

    BOEING
      MODEL 737-79P and 737-89P AIRCRAFT

     

    Customer
      currently operates an aircraft of the same model as the Aircraft. Upon
      Customer’s request, Boeing will develop and schedule a customized Customer
      Support Program to be furnished in support of the Aircraft. The customized
      program will be based upon and equivalent to the entitlements summarized
      below.

     

    ***

     

    
      
        
        

      

      
        CS1-1

        
          

        

      

      
        
        

      

    

     

    ENGINE
      ESCALATION,

    ENGINE
      WARRANTY AND PATENT INDEMNITY

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Supplemental
      Exhibit EE1 to Purchase Agreement Number 3309

     

    
      
        
        

      

      
        EE1

        
          

        

      

      
        
        

      

    

    ENGINE
      ESCALATION, 

    ENGINE
      WARRANTY AND PATENT INDEMNITY

     

    relating
      to

     

    BOEING
      MODEL 737-79P and 737-89P AIRCRAFT

     

    1. ENGINE
      ESCALATION.
      No
      separate engine escalation methodology is defined for the 737-600, -700, -800
      or
      -900 Aircraft. Pursuant to the AGTA, the engine prices for these Aircraft are
      included in and will be escalated in the same manner as the
      Airframe.

     

    2. ENGINE
      WARRANTY AND PRODUCT SUPPORT PLAN.
      Boeing
      has obtained from CFM International, Inc. (or CFM International, S.A., as the
      case may be) (CFM) the right to extend to Customer the provisions of CFM’s
      warranty as set forth below (herein referred to as the “Warranty”); subject,
      however, to Customer’s acceptance of the conditions set forth herein.
      Accordingly, Boeing hereby extends to Customer and Customer hereby accepts
      the
      provisions of CFM’s Warranty as hereinafter set forth, and such Warranty shall
      apply to all CFM56-7 type Engines (including all Modules and Parts thereof)
      installed in the Aircraft at the time of delivery or purchased from Boeing
      by
      Customer for support of the Aircraft except that, if Customer and CFM have
      executed, or hereafter execute, a General Terms Agreement, then the terms of
      that Agreement shall be substituted for and supersede the provisions of
      Paragraphs 2.1 through 2.10 below and Paragraphs 2.1 through 2.10 below shall
      be
      of no force or effect and neither Boeing nor CFM shall have any obligation
      arising therefrom. In consideration for Boeing’s extension of the CFM Warranty
      to Customer, Customer hereby releases and discharges Boeing from any and all
      claims, obligations and liabilities whatsoever arising out of the purchase
      or
      use of such CFM56-7 type Engines and Customer hereby waives, releases and
      renounces all its rights in all such claims, obligations and liabilities. In
      addition, Customer hereby releases and discharges CFM from any and all claims,
      obligations and liabilities whatsoever arising out of the purchase or use of
      such CFM56-7 type Engines except as otherwise expressly assumed by CFM in such
      CFM Warranty or General Terms Agreement between Customer and CFM and Customer
      hereby waives, releases and renounces all its rights in all such claims,
      obligations and liabilities.

     

    2.1 Title.
      CFM
      warrants that at the date of delivery, CFM has legal title to and good and
      lawful right to sell its CFM56-7 type Engine and Products and furthermore
      warrants that such title is free and clear of all claims, liens and encumbrances
      of any nature whatsoever.

     

    
      
        
        

      

      
        EE1-1

        
          

        

      

      
        
        

      

    

     

    2.2 Patents.

     

    2.2.1CFM
      shall
      handle all claims and defend any suit or proceeding brought against Customer
      insofar as based on a claim that any product or part furnished under this
      Agreement constitutes an infringement of any patent of the United States, and
      shall pay all damages and costs awarded therein against Customer. This paragraph
      shall not apply to any product or any part manufactured to Customer’s design or
      to the aircraft manufacturer’s design. As to such product or part, CFM assumes
      no liability for patent infringement.

     

    2.2.2.CFM’s
      liability hereunder is conditioned upon Customer promptly notifying CFM in
      writing and giving CFM authority, information and assistance (at CFM’s expense)
      for the defense of any suit. In case said equipment or part is held in such
      suit
      to constitute infringement and the use of said equipment or part is enjoined,
      CFM shall expeditiously, at its own expense and at its option, either (i)
      procure for Customer the rights to continue using said product or part; (ii)
      replace the same with a satisfactory and noninfringing product or part; or
      (iii)
      modify the same so it becomes satisfactory and noninfringing. The foregoing
      shall constitute the sole remedy of Customer and the sole liability of CFM
      for
      patent infringement.

     

    2.2.3The
      above
      provisions also apply to products which are the same as those covered by this
      Agreement and are delivered to Customer as part of the installed equipment
      on
      CFM56-7 powered Aircraft.

     

    2.3 Initial
      Warranty.
      CFM
      warrants that CFM56-7 Engine products will conform to CFM’s applicable
      specifications and will be free from defects in material and workmanship prior
      to Customer’s initial use of such products.

     

    2.4 Warranty
      Pass-On.

     

    2.4.1If
      requested by Customer and agreed to by CFM in writing, CFM will extend warranty
      support for Engines sold by Customer to commercial airline operators, or to
      other aircraft operators. Such warranty support will be limited to the New
      Engine Warranty, New Parts Warranty, Ultimate Life Warranty and Campaign Change
      Warranty and will require such operator(s) to agree in writing to be bound
      by
      and comply with all the terms and conditions, including the limitations,
      applicable to such warranties.

     

    
      
        
        

      

      
        EE1-2

        
          

        

      

      
        
        

      

    

     

    2.4.2Any
      warranties set forth herein shall not be transferable to a third party, merging
      company or an acquiring entity of Customer.

     

    2.4.3In
      the
      event Customer is merged with, or acquired by, another aircraft operator which
      has a general terms agreement with CFM, the Warranties as set forth herein
      shall
      apply to the Engines, Modules, and Parts.

     

    2.5 New
      Engine Warranty.

     

    ***

     

    2.6 Never
      Parts Warranty.
      In
      addition to the warranty granted for new Engines and new Modules, CFM warrants
      Engine and Module Parts as follows:

     

    ***

     

    
      
        
        

      

      
        EE1-3

        
          

        

      

      
        
        

      

    

     

    ***

     

    2.7 Ultimate
      Life Warranty.

    ***

    

    2.8 Campaign
      Change Warranty.

    

    ***

    

    
      
        
        

      

      
        EE1-4

        
          

        

      

      
        
        

      

    

     

    ***

     

    2.9 Limitations.
      THE
      PROVISIONS SET FORTH HEREIN ARE EXCLUSIVE AND ARE IN LIEU OF ALL OTHER
      WARRANTIES WHETHER WRITTEN, ORAL OR IMPLIED. THERE ARE NO IMPLIED WARRANTIES
      OF
      FITNESS OR MERCHANTABILITY. SAID PROVISIONS SET FORTH THE MAXIMUM LIABILITY
      OF
      CFM WITH RESPECT TO CLAIMS OF ANY KIND, INCLUDING NEGLIGENCE, ARISING OUT OF
      MANUFACTURE, SALE, POSSESSION, USE OR HANDLING OF THE PRODUCTS OR PARTS THEREOF
      OR THEREFOR, AND IN NO EVENT SHALL CFM’S LIABILITY TO CUSTOMER EXCEED THE
      PURCHASE PRICE OF THE PRODUCT GIVING RISE TO CUSTOMER’S CLAIM OR INCLUDE
      INCIDENTAL OR CONSEQUENTIAL DAMAGES.

     

    2.10 Indemnity
      and Contribution.

     

    2.10.1IN
      THE
      EVENT CUSTOMER ASSERTS A CLAIM AGAINST A THIRD PARTY FOR DAMAGES OF THE TYPE
      LIMITED OR EXCLUDED IN LIMITATIONS, PARAGRAPH 2.9. ABOVE, CUSTOMER SHALL
      INDEMNIFY AND HOLD CFM HARMLESS FROM AND AGAINST ANY CLAIM BY OR LIABILITY
      TO
      SUCH THIRD PARTY FOR CONTRIBUTION OR INDEMNITY, INCLUDING COSTS AND EXPENSES
      (INCLUDING ATTORNEYS’ FEES) INCIDENT THERETO OR INCIDENT TO ESTABLISHING
      SUCCESSFULLY THE RIGHT TO INDEMNIFICATION UNDER THIS PROVISION. THIS INDEMNITY
      SHALL APPLY WHETHER OR NOT SUCH DAMAGES WERE OCCASIONED IN WHOLE OR IN PART
      BY
      THE FAULT OR NEGLIGENCE OF CFM, WHETHER ACTIVE, PASSIVE OR IMPUTED.

     

    2.10.2CUSTOMER
      SHALL INDEMNIFY AND HOLD CFM HARMLESS FROM ANY DAMAGE, LOSS, CLAIM, AND
      LIABILITY OF ANY KIND (INCLUDING EXPENSES OF 

     

    
      
        
        

      

      
        EE1-5

        
          

        

      

      
        
        

      

    

     

    LITIGATION
      AND ATTORNEYS’ FEES) FOR PHYSICAL INJURY TO OR DEATH OF ANY PERSON, OR FOR
      PROPERTY DAMAGE OF ANY TYPE, ARISING OUT OF THE ALLEGED DEFECTIVE NATURE OF
      ANY
      PRODUCT OR SERVICE FURNISHED UNDER THIS AGREEMENT, TO THE EXTENT THAT THE
      PAYMENTS MADE OR REQUIRED TO BE MADE BY CFM EXCEED ITS ALLOCATED SHARE OF THE
      TOTAL FAULT OR LEGAL RESPONSIBILITY OF ALL PERSONS ALLEGED TO HAVE CAUSED SUCH
      DAMAGE, LOSS, CLAIM, OR LIABILITY BECAUSE OF A LIMITATION OF LIABILITY ASSERTED
      BY CUSTOMER OR BECAUSE CUSTOMER DID NOT APPEAR IN AN ACTION BROUGHT AGAINST
      CFM.
      CUSTOMER’S OBLIGATION TO INDEMNIFY CFM HEREUNDER SHALL BE APPLICABLE AT SUCH
      TIME AS CFM IS REQUIRED TO MAKE PAYMENT PURSUANT TO A FINAL JUDGEMENT IN AN
      ACTION OR PROCEEDING IN WHICH CFM WAS A PARTY, PERSONALLY APPEARED, AND HAD
      THE
      OPPORTUNITY TO DEFEND ITSELF. THIS INDEMNITY SHALL APPLY WHETHER OR NOT
      CUSTOMER’S LIABILITY IS OTHERWISE LIMITED.

     

    
      
        
        

      

      
        EE1-6

        
          

        

      

      
        
        

      

    

     

    TABLE
      1

    737X

     

    ***

     

    
      
        
        

      

      
        EE1-7

        
          

        

      

      
        
        

      

    

    TABLE
      1

    737X

    ***

    (Continued)

     

    ***

     

    
      
        
        

      

      
        EE1-8

        
          

        

      

      
        
        

      

    

     

    SERVICE
      LIFE POLICY COMPONENTS

     

    between

     

    THE
      BOEING COMPANY

     

    and

     

    CHINA
      EASTERN AIRLINES CORPORATION, LTD.

     

    Supplemental
      Exhibit SLP1 to Purchase Agreement Number 3309

     

    
      
        
        

      

      
        SLP1

        
          

        

      

      
        
        

      

    

    SERVICE
      LIFE POLICY COMPONENTS

     

    relating
      to

     

    BOEING
      MODEL 737 AIRCRAFT

     

    This
      is
      the listing of SLP Components for the Aircraft which relate to Part 3,
Boeing
      Service Life Policy
      of
      Exhibit C, Product
      Assurance Document
      to the
      AGTA and is a part of Purchase Agreement No. 3309.

     

    
      	1.	
              Wing.

            

    

     

    a)  Upper
      and
      lower wing skins and stiffeners between the  forward
      and rear wing spars.

     

    b)  Wing
      spar
      webs, chords and stiffeners.

     

    c)  Inspar
      wing ribs.

     

    d)  Inspar
      splice plates and fittings.

     

    e)  Main
      landing gear support structure.

     

    f)  Wing
      center section lower beams, spanwise beams and floor  beams,
      but not the seat tracks attached to floor beams.

     

    g)  Wing-to-body
      structural attachments.

     

    h)  Engine
      strut support fittings attached directly to wing primary  structure.

     

    i)  Support
      structure in the wing for spoilers and spoiler actuators; for  aileron
      hinges and reaction links; and for leading edge devices and  trailing
      edge flaps.

     

    j)  Trailing
      edge flap tracks and carriages.

     

    k)  Aileron
      leading edge device and trailing edge flap internal,  fixed
       attachment
      and actuator support structure.

     

    
      
        
        

      

      
        SLP1-1

        
          

        

      

      
        
        

      

    

     

    
      	2.	
              Body.

            

    

     

    
      	
            	a)	
              External
                surface skins and doublers, longitudinal stiffeners, longerons
                 and
                circumferential rings and frames between the forward pressure  bulkhead
                and the vertical stabilizer rear spar bulkhead and structural  support
                and enclosure for the APU but excluding all system  components
                and related installation and connecting devices, insulation,  lining,
                and decorative panels and related installation and connecting  devices.

            

    

     

    
      	
            	b)	
              Window
                and windshield structure but excluding the windows and  windshields.

            

    

     

    
      	
            	c)	
              Fixed
                attachment structure of the passenger doors, cargo doors and
                 emergency exits, excluding door mechanisms and movable hinge
                 components. Sills and frames around the body openings for the
                 passenger doors, cargo doors and emergency exits, excluding scuff
                 plates and pressure seals.

            

    

     

    
      	
            	d)	
              Nose
                wheel well structure, including the wheel well walls, pressure
                 deck,
                bulkheads, and gear support
                structure.

            

    

     

    
      	
            	e)	
              Main
                gear wheel well structure including pressure deck and landing  gear
                beam support structure.

            

    

     

    
      	
            	f)	
              Floor
                beams and support posts in the control cab and passenger cabin
                 area,
                but excluding seat tracks.

            

    

     

    
      	
            	g)	
              Forward
                and aft pressure bulkheads.

            

    

     

    
      	
            	h)	
              Keel
                structure between the wing front spar bulkhead and the main gear
                 wheel
                well aft bulkhead including
                splices.

            

    

     

    
      	
            	i)	
              Wing
                front and rear spar support bulkheads, and vertical and horizontal
                 stabilizer front and rear spar support bulkheads including terminal
                 fittings but excluding all system components and related
                installation  and connecting devices, insulation, lining, and
                decorative panels and  related installation and connecting
                devices.

            

    

     

    
      	
            	j)	
              Support
                structure in the body for the stabilizer pivot and stabilizer  screw.

            

    

     

    
      
        
        

      

      
        SLP1-2

        
          

        

      

      
        
        

      

    

     

    
      	3.	
              Vertical
                Stabilizer.

            

    

     

    
      	
            	a)	
              External
                skins between front and rear spars.

            

    

     

    
      	
            	b)	
              Front,
                rear and auxiliary spar chords, webs and stiffeners and  attachment
                fittings.

            

    

     

    
      	
            	c)	
              Inspar
                ribs.

            

    

     

    
      	
            	d)	
              Rudder
                hinges and supporting ribs, excluding
                bearings.

            

    

     

    
      	
            	e)	
              Support
                structure in the vertical stabilizer for rudder hinges, reaction
                 links
                and actuators.

            

    

     

    
      	
            	f)	
              Rudder
                internal, fixed attachment and actuator support
                structure.

            

    

     

    
      	4.	
              Horizontal
                Stabilizer.

            

    

     

    
      	
            	a)	
              External
                skins between front and rear spars.

            

    

     

    
      	
            	b)	
              Front
                and rear spar chords, webs and
                stiffeners.

            

    

     

    
      
        	
              	c)	
                Inspar
                  ribs.

              

      

    

     

    
      	
            	d)	
              Stabilizer
                center section including hinge and screw support
                structure.

            

    

     

    
      	
            	e)	
              Support
                structure in the horizontal stabilizer for the elevator hinges,
                 reaction
                links and actuators.

            

    

     

    
      	
            	f)	
              Elevator
                internal, fixed attachment and actuator support
                structure.

            

    

     

    
      	5.	
              Engine
                Strut.

            

    

     

    
      	
            	a)	
              Strut
                external surface skin and doublers and
                stiffeners.

            

    

     

    
      	
            	b)	
              Internal
                strut chords, frames and bulkheads.

            

    

     

    
      	
            	c)	
              Strut
                to wing fittings and diagonal
                brace.

            

    

     

    
      	
            	d)	
              Engine
                mount support fittings attached directly to strut structure and
                 including
                the engine-mounted support
                fittings.

            

    

     

    
      
        
        

      

      
        SLP1-3

        
          

        

      

      
        
        

      

    

     

    
      	6.	
              Main
                Landing Gear.

            

    

     

    
      	
            	a)	
              Outer
                cylinder.

            

    

     

    
      	
            	b)	
              Inner
                cylinder, including axles.

            

    

     

    
      	
            	c)	
              Upper
                and lower side struts, including spindles, universals and reaction
                 links.

            

    

     

    
      	
            	d)	
              Drag
                strut.

            

    

     

    
      	
            	e)	
              Orifice
                support tube.

            

    

     

    
      	
            	f)	
              Downlock
                links including spindles and
                universals.

            

    

     

    
      	
            	g)	
              Torsion
                links.

            

    

     

    
      	
            	h)	
              Bell
                crank.

            

    

     

    
      	
            	i)	
              Trunnion
                link.

            

    

     

    
      	
            	j)	
              Actuator
                beam, support link and beam aim.

            

    

     

    
      	7.	
              Nose
                Landing Gear.

            

    

     

    
      	
            	a)	
              Outer
                cylinder.

            

    

     

    
      	
            	b)	
              Inner
                cylinder, including axles.

            

    

     

    
      	
            	c)	
              Orifice
                support tube.

            

    

     

    
      	
            	d)	
              Upper
                and lower drag strut, including lock
                links.

            

    

     

    
      	
            	e)	
              Steering
                plates and steering collars.

            

    

     

    
      	
            	f)	
              Torsion
                links.

            

    

     

    
      	
              NOTE:

            	
              The
                Service Life Policy does not cover any bearings, bolts, bushings,
                clamps,
                brackets, actuating mechanisms or latching mechanisms used in or
                on the
                SLP Components.

            

    

     

    
      
        
        

      

      
        SLP1-4

        
          

        

      

      
        
        

      

    

     

    3309-01

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Spare
      Parts Initial Provisioning

     

    
      	
              Reference:

            	
              a)

            	
              Purchase
                Agreement No. 3309 (the Purchase Agreement) between The Boeing Company
                (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer)
                relating
                to Model 737-89P aircraft (the
                Aircraft)

            

    

     

    
      	 	
              b)

            	
              Customer
                Services General Terms Agreement No. 9P (CSGTA) between Boeing and
                Customer

            

    

     

    This
      letter agreement (Letter Agreement) is entered into on the date below and amends
      and supplements the CSGTA. All capitalized terms used but not defined in this
      Letter Agreement have the same meaning as in the CSGTA, except for “Aircraft”
which will have the meaning as defined in the Purchase Agreement.

     

    In
      order
      to define the process by which Boeing and Customer will (i) identify those
      Spare
      Parts and Standards critical to Customer’s successful introduction of the
      Aircraft into service and its continued operation, (ii) place Orders under
      the
      provisions of the CSGTA as supplemented by the provisions of this Letter
      Agreement for those Spare Parts and Standards, and (iii) manage the return
      of
      certain of those Spare Parts which Customer does not use, the parties agree
      as
      follows.

     

    1.Definitions.

     

    “Provisioning
      Data”
means
      the documentation provided by Boeing to Customer, including but not limited
      to
      the Recommended Spare Parts List (RSPL), identifying all Boeing initial
      provisioning requirements for the Aircraft.

     

    “Provisioning
      Items”
means
      the Spare Parts and Standards identified by Boeing as initial provisioning
      requirements in support of the Aircraft, excluding special tools, ground support
      equipment (GSE), engines and engine parts.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      China
        Eastern Airlines Corporation, Ltd.

      3309-01 Page
        2

       

    

    “Provisioning
      Products Guide”
means
      the Boeing Manual D6-81834 entitled “Spares Provisioning Products
      Guide”.

     

    2. Phased
      Provisioning.

     

    2.1 Provisioning
      Products Guide.
      Prior
      to the initial provisioning meeting Boeing will furnish to Customer a copy
      of
      the Provisioning Products Guide.

     

    2.2 Initial
      Provisioning Meeting.
      On or
      about twelve (12) months prior to delivery of the first Aircraft the parties
      will conduct an initial provisioning meeting as applicable, where the
      procedures, schedules, and requirements for training will be established to
      accomplish phased provisioning of Spare Parts and Standards for the Aircraft
      in
      accordance with the Provisioning Products Guide. If the lead time from execution
      of the Purchase Agreement until delivery of the first Aircraft is less than
      twelve (12) months, the initial provisioning meeting will be established as
      soon
      as reasonably possible after execution of the Purchase Agreement.

     

    2.3 Provisioning
      Data.
      During
      the initial provisioning meeting Customer will provide to Boeing the operational
      parameter information described in Chapter 6 of the Provisioning Products Guide.
      After review and acceptance by Boeing of such Customer information, Boeing
      will
      prepare the Provisioning Data. Such Provisioning Data will be furnished to
      Customer on or about ninety (90) days after Boeing finalizes the engineering
      drawings for the Aircraft. The Provisioning Data will be as complete as possible
      and will cover Provisioning Items selected by Boeing for review by Customer
      for
      initial provisioning of Spare Parts and Standards for the Aircraft. Boeing
      will
      furnish to Customer revisions to the Provisioning Data until approximately
      ninety (90) days following delivery of the last Aircraft or until the delivery
      configuration of each of the Aircraft is reflected in the Provisioning Data,
      whichever is later.

     

    2.4 Buyer
      Furnished Equipment (BFE) Provisioning Data.
      Unless
      otherwise advised by Boeing, Customer will provide or insure its BFE suppliers
      provide to Boeing the BFE data in scope and format acceptable to Boeing, in
      accordance with the schedule established during the initial provisioning
      meeting.

     

    3. Purchase
      from Boeing of Spare Parts and Standards as Initial Provisioning for the
      Aircraft.

     

    3.1 Schedule.
      In accordance
      with schedules established during the initial provisioning meeting, Customer
      may
      place Orders for Provisioning Items and any GSE, special tools or engine spare
      parts which Customer

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      China
        Eastern Airlines Corporation, Ltd.

      3309-01 Page
        3

       

      determines
        it will initially require for maintenance,
        overhaul and servicing of the Aircraft and/or engines.

       

    

    3.2 Prices
      of Initial Provisioning Spare Parts.

     

    ***

    

    4. Delivery.

     

    For
      Spare
      Parts and Standards ordered by Customer in accordance with Article 3 of this
      Letter Agreement, Boeing will, insofar as reasonably possible, deliver to
      Customer such Spare Parts and Standards on dates reasonably calculated to
      conform to Customer’s anticipated needs in view of the scheduled deliveries of
      the Aircraft. Customer and Boeing will agree upon the date to begin delivery
      of
      the provisioning Spare Parts and Standards ordered in accordance with this
      Letter Agreement. Where appropriate, Boeing will arrange for shipment of such
      Spare Parts and Standards which are manufactured by suppliers directly to
      Customer from the applicable supplier’s facility. The routing and method of
      shipment for initial deliveries and all subsequent deliveries of such Spare
      Parts and Standards will be as established at the initial provisioning meeting
      and thereafter by mutual agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      China
        Eastern Airlines Corporation, Ltd.

      3309-01 Page
        4

    

     

    5. Substitution
      for Obsolete Spare Parts.

     

    5.1 Obligation
      to Substitute Pre-Delivery.
      In the
      event that, prior to delivery of the first Aircraft, any Spare Part purchased
      by
      Customer from Boeing in accordance with this Letter Agreement as initial
      provisioning for the Aircraft is rendered obsolete or unusable due to the
      redesign of the Aircraft or of any accessory, equipment or part thereof (other
      than a redesign at Customer’s request) Boeing will deliver to Customer at no
      charge new and usable Spare Parts in substitution for such obsolete or unusable
      Spare Parts and, upon such delivery, Customer will return the obsolete or
      unusable Spare Parts to Boeing.

     

    5.2 Delivery
      of Obsolete Spare Parts and Substitutes.
      Obsolete or unusable Spare Parts returned by Customer pursuant to this Article
      5
      will be delivered to Boeing at its Seattle Distribution Center or such other
      destination as Boeing may reasonably designate. Spare Parts substituted, for
      such returned obsolete or unusable Spare Parts will be delivered to Customer
      in
      accordance with the CSGTA. Boeing will pay the freight charges for the shipment
      from Customer to Boeing of any such obsolete or unusable Spare Part and for
      the
      shipment from Boeing to Customer of any such substitute Spare Part.

     

    6. Repurchase
      of Provisioning Items.

     

    6.1 Obligation
      to Repurchase.
      During
      a period commencing one (1) year after delivery of the first Aircraft, and
      ending five (5) years after such delivery, Boeing will, upon receipt of
      Customer’s written request and subject to the exceptions in Article 6.2,
      repurchase unused and undamaged Provisioning Items which were peculiar to the
      Aircraft as compared to the delivery configuration of Model 737-89P aircraft
      previously purchased by Customer from Boeing and (i) were recommended by Boeing
      in the Provisioning Data as initial provisioning for the Aircraft, (ii) were
      purchased by Customer from Boeing, and (iii) are surplus to Customer’s
      needs.

     

    6.2 Exceptions.
      Boeing will
      not be obligated under Article 6.1 to repurchase any of the following: (i)
      quantities of Provisioning Items in excess of those quantities recommended
      by
      Boeing in the Provisioning Data for the Aircraft, (ii) QEC kits, bulk material
      kits, raw material kits, service bulletin kits, Standards kits and components
      thereof (except those components listed separately in the Provisioning Data),
      (iii) Provisioning Items for which an Order was received by Boeing more than
      five (5) months after delivery of the last Aircraft , (iv) Provisioning Items
      which have become obsolete or have been replaced by other Provisioning Items
      as
      a result of Customer’s modification of the Aircraft, and (v) Provisioning Items
      which become excess as a result of a change in Customer’s operating parameters,
      as provided to Boeing pursuant to the initial

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    China
      Eastern Airlines Corporation, Ltd.

    
      3309-01 Page
        5

       

    

    provisioning
      meeting and which were the basis of
      Boeing’s initial provisioning recommendations for the Aircraft.

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      China
        Eastern Airlines Corporation, Ltd.

      3309-01 Page
        6

    

     

    7. Title
      and Risk of Loss.

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

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    3309-02

    

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

    

    
      	Subject:	
              Aircraft
                Model Substitution

            

    

    

    
      	Reference:	
              Purchase
                Agreement No. 3309 (the Purchase Agreement) between The Boeing Company
                (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer)
                relating
                to Model 737-79P and 737-89P aircraft (the
                Aircraft)

            

    

    

    This
      letter agreement (Letter Agreement) amends and supplements the Purchase
      Agreement. All terms used but not defined in this Letter Agreement have the
      same
      meaning as in the Purchase Agreement.

    

    Subject
      to the terms and conditions herein, Customer may substitute the purchase of
      Boeing Model 737-800 or 737-900ER aircraft (Substitute
      Aircraft)
      in
      place of any of the Block A Aircraft. Correspondingly, Customer may substitute
      the purchase of Boeing Model 737-700 or 737-900ER aircraft (Substitute
      Aircraft)
      in
      place of any of the Block B Aircraft.

    

    
      	1.	
              Customer’s
                Written Notice.

            

    

    

    Customer
      will provide written notice of its intention to substitute the purchase of
      an
      Aircraft with the purchase of a Substitute Aircraft,

    

    
      	 	
              a)

            	
              no
                later than the first day of the month that is twelve months prior
                (for
                Model 737-700 and 737-800 aircraft) and fifteen moths prior (for
                Model
                737-900ER aircraft) to the scheduled month of delivery of the Aircraft
                for
                which it will be substituted, provided that a Substitute Aircraft
                has been
                previously certified and delivered to Customer,
                or;

            

    

    

    
      	 	
              b)

            	
              no
                later than the first day of the month that is fifteen months prior
                (for
                Model 737-700 and 737-800 aircraft) and eighteen months prior (for
                Model
                737-900ER aircraft) to the scheduled month of delivery of the Aircraft
                for
                which it will be substituted, if a Substitute Aircraft has not been
                previously certified and delivered to
                Customer.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    China
      Eastern Airlines Corporation, Ltd.

    3309-02
      Page
      2

    

    
      	2.	
              Boeing’s
                Production Capability.

            

    

    

    Customer’s
      substitution right is conditioned upon Boeing’s having production capability for
      the Substitute Aircraft in the scheduled delivery month of the Aircraft for
      which it will be substituted.

    

    Boeing
      will tentatively quote delivery positions for Substitute Aircraft to allow
      Customer to secure quotes from Buyer Furnished Equipment vendors, and Boeing
      to
      secure quotes from Seller Furnished Equipment vendors which supports the
      required on-dock dates. If Boeing is unable to manufacture the Substitute
      Aircraft in the scheduled delivery month of the Aircraft for which it will
      be
      substituted, then Boeing shall promptly make a written offer of an alternate
      delivery month for Customer’s consideration and written acceptance within thirty
      days of such offer.

    

    Substitution
      rights for Model 737-900ER aircraft exclude installation of auxiliary fuel
      tanks.

    

    
      	3.	
              Definitive
                Agreement.

            

    

    

    ***

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

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    6-1165-REW-0111

    

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    
      
        	Subject:	
                Liquidated
                  Damages - Non-Excusable Delay

              

      

       

    

    
      	Reference:	
              Purchase
                Agreement No. 3309 (the Purchase Agreement) between The Boeing Company
                (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer)
                relating
                to Model 737-79P and 737-89P aircraft (the
                Aircraft)

            

    

    

    ***

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    China
      Eastern Airlines Corporation, Ltd.

    6-1165-REW-0111  Page
      2

    

    
      	2.	
              Interest

            

    

    

    ***

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

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    6-1165-REW-0112

    

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

    

    
      	Subject:	
              Aircraft
                Performance Guarantees

            

    

    

    
      	Reference:	
              Purchase
                Agreement No. 3309 (the Purchase Agreement) between The Boeing Company
                (Boeing) and China Eastern Airlines Corporation, Ltd. (Customer)
                relating
                to Model 737-79P and 737-89P aircraft (the
                Aircraft)

            

    

    

    This
      letter agreement (Letter Agreement) amends and supplements the Purchase
      Agreement. All terms used but not defined in this Letter Agreement have the
      same
      meaning as in the Purchase Agreement.

    

    Boeing
      agrees to provide Customer with the performance guarantees in the Attachments.
      These guarantees are exclusive and expire upon delivery of the Aircraft to
      Customer.

    

    Customer
      understands that certain commercial and financial information contained in
      this
      Letter Agreement is considered by Boeing as confidential. Customer agrees that
      it will treat this Letter Agreement and the information contained herein as
      confidential and will not, without the prior written consent of Boeing, disclose
      this Letter Agreement or any information contained herein to any other person
      or
      entity.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

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    6-1165-REW-0113

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Special
      Matters – Toolbox Contract Extension 

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

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    6-1165-REW-0114

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Special
      Matters

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    China
      Eastern Airlines Corporation, Ltd.

    6-1165-REW-0114  Page
      2 

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      China
        Eastern Airlines Corporation, Ltd.

      6-1165-REW-0114  Page 3 

       

      ***

       

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

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    6-1165-REW-0115

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Payment
      Matters

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    China
      Eastern Airlines Corporation, Ltd.

    
      6-1165-REW-0115  Page
        2

       

      ***

       

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      China
        Eastern Airlines Corporation, Ltd.

      6-1165-REW-0115  Page
        3

       

      ***

    

    
       

      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

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      China
        Eastern Airlines Corporation, Ltd.

      6-1165-REW-0116

    

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Government
      Approval

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
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    6-1165-REW-0117

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Special
      Escalation Program

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    China
      Eastern Airlines Corporation, Ltd.

    6-1165-REW-0117  Page
      2

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

       

    

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      Attachment
        1 to 

      6-1165-REW-0117

     

    SPECIAL
      ESCALATION PROGRAM FACTORS

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6-1165-REW-0118

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Shareholder
      Approval

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

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    6-1165-REW-0119

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Board
      Approval

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

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    6-1165-REW-0120

     

    China
      Eastern Airlines Corporation, Ltd.

    2550
      Hongqiao Road

    Shanghai
      200335

    People’s
      Republic of China

     

    Subject: Volume
      Agreement

     

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      China
        Eastern Airlines Corporation, Ltd.

      6-1165-REW-0120  Page
        2

       

      ***

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      
      

    

     

    [***THIS
      PAGE HAS BEEN REDACTED***]Unassociated Document

    THIS
      NOTE AND THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION HEREOF HAVE NOT
      BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR
      APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED, HYPOTHECATED
      OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR RECEIPT BY
      THE
      MAKER OF AN OPINION OF COUNSEL IN THE FORM, SUBSTANCE AND SCOPE REASONABLY
      SATISFACTORY TO THE MAKER THAT THIS NOTE AND THE SHARES OF COMMON STOCK ISSUABLE
      UPON CONVERSION HEREOF MAY BE SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE
      DISPOSED OF, UNDER AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND SUCH STATE
      SECURITIES LAWS.

    

    

    GOOD
      HARBOR PARTNERS ACQUISITION CORP.

    Convertible
      Promissory Note

    

    Due
      February 28, 2009

    

    
      	
              New York, New York

              June 13, 2008

            	
               $60,000.00

            

    

    

    For
      value
      received, GOOD HARBOR PARTNERS ACQUISITION CORP., a Delaware corporation (the
      “Maker”),
      hereby promises to pay to the order of HCFP
      Brenner Holdings, LLC,
      an
      entity whose principal office is located at 888 7th Avenue, New York, New York
      10106, together with its successors, representatives, and permitted assigns,
      the
“Holder”),
      in
      accordance with the terms hereinafter provided, the principal amount of Sixty
      Thousand Dollars ($60,000.00) without interest until paid or converted in
      accordance with the terms hereof, payable on the Maturity Date (as defined
      below). In no event shall the Maker have the right to pre-pay this Note without
      the prior approval of the Holder.

    

    All
      payments of principal made in accordance with this Note shall be made in United
      States Dollars in immediately available funds to the Holder at
      the
      address of the Holder first set forth above or at such other address as the
      Holder may designate from time to time in writing to the Maker or by wire
      transfer of funds to the Holder’s account, instructions for which are attached
      hereto as Exhibit
      A. The
      outstanding principal balance of this Note shall be due and payable on February
      28, 2009 (the “Maturity
      Date”)
      or at
      such earlier time as provided herein. 

     

    ARTICLE
      I

     

    GENERAL

     

    Section
      1.1 Interest.
      Interest shall not accrue under this Note unless an Event of Default shall
      occur
      whereupon interest shall accrue from the date of such Event of Default (as
      defined in Section 2.1 hereof) until such Event of Default is cured at the
      rate
of
      eight
      percent (8%) per annum on the basis of a 360-day year. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Section
      1.2 Days.
      Whenever any payment to be made hereunder shall be due on a Saturday, Sunday
      or
      a public holiday under the laws of the State of New York, such payment may
      be
      due on the next succeeding business day and such next succeeding day shall
      be
      included in the calculation of the amount of accrued interest payable on such
      date.

     

    Section
      1.3 Replacement.
      Upon
      receipt of a duly executed, notarized and unsecured written statement from
      the
      Holder with respect to the loss, theft or destruction of this Note (or any
      replacement hereof) and a standard indemnity, or, in the case of a mutilation
      of
      this Note, upon surrender and cancellation of such Note, the Maker shall issue
      a
      new Note, of like tenor and amount, in lieu of such lost, stolen, destroyed
      or
      mutilated Note.

     

    Section
      1.4 Other
      Notes.
      The
      Maker may be executing one or more notes that are similar to this Note within
      ninety (90) days of the date hereof, in connection with additional investments
      by investors to the Maker. Such other notes are individually and collectively
      referred to herein as the “Other
      Notes.”

     

    ARTICLE
      II

     

    EVENTS
      OF DEFAULT; REMEDIES

     

    Section
      2.1 Events
      of Default.
      The
      occurrence of any of the following events shall be an “Event
      of Default”
under
      this Note:

     

    (a) the
      Maker
      shall fail to make payment of the principal amount of this Note when due;
      or

     

    (b) the
      Maker’s notice to the Holder, including by way of public announcement, at any
      time, of its inability to comply or its intention not to comply with proper
      requests for conversion of this Note into shares of the Maker’s Common Stock,
      par value $.0001 per share (the “Common
      Stock”);
      or

     

    (c) the
      Maker
      shall (i) apply for or consent to the appointment of, or the taking of
      possession by, a receiver, custodian, trustee or liquidator of itself or of
      all
      or a substantial part of its property or assets, (ii) make a general assignment
      for the benefit of its creditors, (iii) commence a voluntary case under the
      United States Bankruptcy Code (as now or hereafter in effect) or under the
      comparable laws of any jurisdiction (foreign or domestic), (iv) file a
      petition seeking to take advantage of any bankruptcy, insolvency, moratorium,
      reorganization or other similar law affecting the enforcement of creditors’
rights generally, (v) acquiesce in writing to any petition filed against it
      in an involuntary case under United States Bankruptcy Code (as now or hereafter
      in effect) or under the comparable laws of any jurisdiction (foreign or
      domestic), (vi) issue a notice of bankruptcy or winding down of its operations
      or issue a press release regarding same, or (vii) take any action under the
      laws
      of any jurisdiction (foreign or domestic) analogous to any of the foregoing;
      or

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    (d) a
      proceeding or case shall be commenced in respect of the Maker, without its
      application or consent, in any court of competent jurisdiction, seeking (i)
      the
      liquidation, reorganization, moratorium, dissolution, winding up, or composition
      or readjustment of its debts, (ii) the appointment of a trustee, receiver,
      custodian, liquidator or the like of it or of all or any substantial part of
      its
      assets in connection with the liquidation or dissolution of the Maker or
      (iii) similar relief in respect of it under any law providing for the
      relief of debtors, and such proceeding or case described in clause (i), (ii)
      or
      (iii) shall continue undismissed, or unstayed and in effect, for a period of
      thirty (30) days or any order for relief shall be entered in an involuntary
      case
      under United States Bankruptcy Code (as now or hereafter in effect) or under
      the
      comparable laws of any jurisdiction (foreign or domestic) against the Maker
      or
      action under the laws of any jurisdiction (foreign or domestic) analogous to
      any
      of the foregoing shall be taken with respect to the Maker and shall continue
      undismissed, or unstayed and in effect for a period of thirty (30) days;
      or

     

    (e) a
      default
      or event of default under any of the Other Notes.

     

    Section
      2.2 Remedies
      Upon An Event of Default.
      If an
      Event of Default shall have occurred and was not cured within ten (10) days
      of
      the Maker’s receipt of written notice of default from the Holder, the Holder of
      this Note may at any time at its option, declare the entire unpaid principal
      balance of this Note, together with all interest accrued hereon, due and
      payable, and thereupon, the same shall be accelerated and so due and payable,
      without presentment, demand, protest, or notice, all of which are hereby
      expressly unconditionally and irrevocably waived by the Maker. No course of
      delay on the part of the Holder shall operate as a waiver thereof or otherwise
      prejudice the right of the Holder. No remedy conferred hereby shall be exclusive
      of any other remedy referred to herein or now or hereafter available at law,
      in
      equity, by statute or otherwise.

     

    ARTICLE
      III

     

    CONVERSION;
      ANTIDILUTION; PREPAYMENT

     

    Section
      3.1 Conversion
      Option.
      Upon
      written notice and prior to the payment in full of the principal balance of
      this
      Note, at any time or times on or after the date of issuance and prior to the
      payment in full of the principal balance of this Note, the then unpaid principal
      amount of this Note shall be convertible (in whole or in part), at the option
      of
      the Holder into such number of fully paid and non-assessable shares of Common
      Stock as is determined by dividing (x) that portion of the outstanding principal
      balance under this Note as of such date that the Holder elects to convert by
      (y)
      the Conversion Price (as defined in Section 3.2 hereof) then in effect on the
      date on which the Holder provides a notice of conversion (the “Conversion
      Notice”),
      duly
      executed, to the Maker (the “Conversion
      Date”),
      provided, however, that the Conversion Price shall be subject to adjustment
      as
      described in Section 3.4 of this Note. The Holder shall deliver this Note to
      the
      Maker at the address first set forth in this Note or at such other place as
      the
      Maker may designate from time to time in writing to the Holder (“Notices”)
      at
      such time that this Note is fully converted. With respect to partial conversions
      of this Note, the Maker shall keep written records of the amount of this Note
      converted as of each Conversion Date. The right and option of the Holder to
      convert the unpaid principal amount of this Note into Common Stock shall
      terminate upon the payment (or prepayment) by the Maker of all amounts owing
      under this Note. Upon any conversion of this Note pursuant to this Article
      III,
      the Holder shall surrender this Note, duly endorsed, together with a written
      notice of election to convert, at the principal offices of the Maker or any
      transfer agent for the Maker. Upon any conversion of the entire principal amount
      of this Note, the Maker will be forever released from all of its obligations
      and
      liabilities under this Note with regard to the entire principal amount,
      including, without limitation, the obligation to pay such principal amount.
      

     

    
      
        
        

      

      
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    Section
      3.2 Conversion
      Price.
      The
      term “Conversion
      Price”
shall
      mean $0.05, subject to adjustment under Section 3.4 hereof. 

     

    Section
      3.3 Mechanics
      of Conversion.
      Not
      later than three (3) Trading Days after any Conversion Date (the “Delivery
      Date”),
      the
      Maker shall deliver to the Holder by express courier a certificate or
      certificates representing the number of shares of Common Stock being acquired
      upon the conversion of all or part of this Note. If in the case of any
      Conversion Notice such certificate or certificates are not delivered to or
      as
      directed by the Holder by the Delivery Date, the Holder shall be entitled by
      written notice to the Maker at any time on or before its receipt of such
      certificate or certificates thereafter, to rescind such conversion, in which
      event the Maker shall immediately return this Note tendered for conversion
      (if
      so tendered), whereupon the Maker and the Holder shall each be restored to
      their
      respective positions immediately prior to the delivery of such notice of
      revocation. 

     

    Section
      3.4 Adjustment
      of Conversion Price.

     

    (a) The
      Conversion Price shall be subject to adjustment from time to time as
      follows:

     

    (i) Adjustments
      for Subdivisions, Common Stock Dividends, Combinations or Consolidations of
      Common Stock.
      In the
      event the outstanding shares of Common Stock shall be subdivided or increased,
      by stock split or stock dividend, into a greater number of shares of Common
      Stock, the Conversion Price then in effect shall concurrently with the
      effectiveness of such subdivision or payment of such stock dividend, be
      proportionately decreased. In the event the outstanding shares of Common Stock
      shall be combined or consolidated, by reclassification, reverse stock split,
      redemption or otherwise, into a lesser number of shares of Common Stock, the
      Conversion Price then in effect shall, concurrently with the effectiveness
      of
      such combination or consolidation, be proportionately increased.

     

    (ii) Adjustments
      for Reclassification, Exchange and Substitution.
      If the
      Common Stock shall be changed into the same or a different number of shares
      of
      any other class or classes of stock, whether by capital reorganization,
      reclassification or otherwise (other than a subdivision or combination or shares
      provided for above), the Conversion Price then in effect shall, concurrently
      with the effectiveness of such reorganization or reclassification, be
      proportionately adjusted such that the Common Stock issuable upon conversion
      of
      this Note shall be convertible into, in lieu of the number of shares of Common
      Stock which the Holder would otherwise have been entitled to receive, a number
      of shares of such other class or classes of stock equivalent to the number
      of
      shares of Common Stock that would have been subject to receipt by the Holder
      upon conversion of this Note immediately before that change.

     

    
      
        
        

      

      
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    (iii) Adjustments
      for Merger, Sale, Lease or Conveyance.
      In the
      event of any consolidation with or merger of the Maker with or into another
      entity, or in case of any sale, lease or conveyance to another person or entity
      of the assets of the Maker as an entirety or substantially as an entirety,
      the
      Common Stock issuable upon conversion of this Note shall after the date of
      such
      consolidation, merger, sale, lease or conveyance be convertible into the number
      of shares of stock or other securities or property (including cash) to which
      the
      Common Stock issuable (at the time of such consolidation, merger, sale, lease
      or
      conveyance) upon conversion of this Note would have been entitled upon such
      consolidation, merger, sale, lease or conveyance; and in any such case, if
      necessary, the provisions set forth herein with respect to the rights and
      interests thereafter of the Holder shall be appropriately adjusted so as to
      be
      applicable, as nearly as may reasonably be, to any shares of stock or other
      securities or property thereafter deliverable on the conversion of this
      Note.

     

    (iv) Other
      Provisions Applicable to Adjustment Under this Section.
      The
      following provisions will be applicable to the adjustments in Conversion Price
      as provided in this Section 3.4:

     

    (1) The
      number of shares of Common Stock at any time outstanding shall not include
      any
      shares thereof then directly or indirectly owned or held by or for the account
      of the Maker.

     

    (2) In
      case
      the Maker shall take any action affecting the outstanding number of shares
      of
      Common Stock other than an action described in any of the foregoing subsections
      above, inclusive, which would have an inequitable effect on the Holder, the
      Conversion Price shall be adjusted in such manner and at such time as the Board
      of Directors of the Maker on the advice of the Maker’s independent public
      accountants may in good faith determine to be equitable in the
      circumstances.

     

    (3) No
      adjustment of the Conversion Price shall be made if the amount of any such
      adjustment would be an amount less than one percent (1%) of the Conversion
      Price
      then in effect, but any such amount shall be carried forward and an adjustment
      with respect thereof shall be made at the time of and together with any
      subsequent adjustment which, together with such amount and any other amount
      or
      amounts so carried forward, shall aggregate an increase or decrease of one
      percent (1%) or more.

     

    (4) The
      Conversion Price shall not be adjusted upward except in the event of a
      combination of the outstanding shares of Common Stock into a smaller number
      of
      shares of Common Stock. 

     

    (v) Adjustments
      for Sale of Securities.
      If the
      Company or any subsidiary thereof, as applicable, at any time while this
      Debenture is outstanding, shall issue shares of Common Stock or rights,
      warrants, options or other securities or debt that are convertible into or
      exchangeable for shares of Common Stock (“Common
      Stock Equivalents”)
      entitling any Person to acquire shares of Common Stock, at a price per share
      less than the Conversion Price (if the holder of the Common Stock or Common
      Stock Equivalent so issued shall at any time, whether by operation of purchase
      price adjustments, reset provisions, floating conversion, exercise or exchange
      prices or otherwise, or due to warrants, options or rights per share which
      is
      issued in connection with such issuance, be entitled to receive shares of Common
      Stock at a price per share which is less than the Conversion Price, such
      issuance shall be deemed to have occurred for less than the Conversion Price),
      then, at the sole option of the Holder, the Conversion Price shall be adjusted
      to mirror the conversion, exchange or purchase price for such Common Stock
      or
      Common Stock Equivalents (including any reset provisions thereof) at issue.
      Such
      adjustment shall be made whenever such Common Stock or Common Stock Equivalents
      are issued. The Company shall notify the Holder in writing, no later than one
      (1) business day following the issuance of any Common Stock or Common Stock
      Equivalents subject to this Section, indicating therein the applicable issuance
      price, or of applicable reset price, exchange price, conversion price and other
      pricing terms. No adjustment under this Section shall be made as a result of
      issuances of Excluded Securities. 

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    “Excluded
      Securities”
shall
      mean shares of Common Stock or Common Stock Equivalents issued or issuable
      at
      any time after the date hereof pursuant to the following:

     

    (1)
      to
      the Company’s employees, consultants, officers, advisors or directors directly
      (or pursuant to the exercise of stock options or other convertible securities)
      or pursuant to any stock purchase or stock option plan or other arrangement
      approved by the Company’s Board of Directors;

     

    (2)
      in
      connection with the acquisition of another business entity by the Company by
      merger or purchase of all or substantially all of the assets or equity
      securities of such other entity, approved by the Company’s Board of
      Directors;

     

    (3)
      to a
      bank or other financial institution, lessors or vendors in connection with
      the
      provision of credit or services to the Company, equipment financings or similar
      transactions (directly or pursuant to the exercise of options or convertible
      securities) approved by the Company’s Board of Directors; and

     

    (4)
      securities issued upon the exchange, exercise or conversion of presently
      outstanding securities which are directly or indirectly, convertible into,
      exercisable for or exchangeable for shares of Common Stock.

     

    (b) Record
      Date.
      In the
      event that the Maker shall propose at any time:

     

    (i) to
      declare any dividend or distribution (other than by purchase of Common Stock
      of
      employees, officers and directors pursuant to the termination of such persons
      or
      pursuant to the Maker’s exercise of rights of first refusal with respect to
      Common Stock held by such persons) of its Common Stock, whether in cash,
      property, stock or other securities, whether or not a regular cash dividend
      and
      whether or not out of earnings or earned surplus;

     

    (ii) to
      effect
      any reclassification or recapitalization of its shares of Common Stock
      outstanding involving a change in the Common Stock; or

     

    (iii) to
      merge
      or consolidate with or into any other entity, or sell, lease or convey all
      or
      substantially all its property or business, or to liquidate, dissolve or wind
      up; then, in connection with each such event, this Maker shall send to the
      Holder:

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    (1) at
      least
      twenty (20) days’ prior written notice of the date on which a record shall be
      taken for such dividend or distribution (and specifying the date on which the
      holders of Common Stock shall be entitled thereto) or for determining rights
      to
      vote in respect of the matters referred to in (i) and (ii) above;
      and

     

    (2) in
      the
      case of the matters referred to in (ii) and (iii) above, at least twenty (20)
      days’ prior written notice of the date when the same shall take place (and
      specifying the date on which the holders of Common Stock shall be entitled
      to
      exchange their Common Stock for securities or other property deliverable upon
      the occurrence of such event).

     

    Each
      such
      written notice shall be given by first class mail, postage prepaid, addressed
      to
      the Holder at the address first set forth above. Any such action shall at all
      times be subject to the voting rights and other rights, preferences and
      privileges of the Holder set forth herein.

     

    (c) No
      Impairment.
      The
      Maker shall not, by amendment of its Certificate of Incorporation or through
      any
      reorganization, transfer of assets, consolidation, merger, dissolution, issue
      or
      sale of securities or any other voluntary action (other than actions taken
      in
      good faith), avoid the observance or performance of any of the terms to be
      observed or performed hereunder by the Maker but will at all times in good
      faith
      assist in carrying out all the provisions of this Section 3.4 and in taking
      all
      such action as may be necessary or appropriate in order to protect the
      conversion rights of the Holder against impairment.

     

    (d) Certificates
      as to Adjustments.
      Upon
      the occurrence of each adjustment or readjustment of the Conversion Price
      pursuant to this section, the Maker at its expense shall promptly compute such
      adjustment or readjustment in accordance with the terms hereof and furnish
      to
      the Holder a certificate setting forth such adjustment or readjustment in
      accordance with the terms hereof and showing in detail the facts upon which
      such
      adjustment or readjustment is based. The Maker shall, upon the written request
      at any time of the Holder, furnish or cause to be furnished to the Holder a
      like
      certificate setting forth (A) such adjustments and readjustments,
      (B) the Conversion Price at the time in effect, and (C) the number of
      shares of Common Stock and the amount, if any, of other property which at the
      time would be received upon the conversion of this Note.

     

    (e) Issue
      Taxes.
      The
      Maker shall pay any and all issue and other taxes, excluding federal, state
      or
      local income taxes, that may be payable in respect of any issue or delivery
      of
      shares of Common Stock on conversion of this Note pursuant thereto; provided,
      however,
      that
      the Maker shall not be obligated to pay any transfer taxes resulting from any
      transfer requested by the Holder in connection with any such
      conversion.

     

    
      
        
        

      

      
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    (f) Fractional
      Shares.
      No
      fractional shares of Common Stock shall be issued upon conversion of this Note.
      In lieu of any fractional shares to which the Holder would otherwise be
      entitled, the Maker shall pay cash equal to the product of such fraction
      multiplied by the average of the Closing Bid Price of the Common Stock into
      which this Note is convertible for the five (5) consecutive Trading Days
      immediately preceding the Conversion Date. The term “Closing
      Bid Price”
shall
      mean, on any particular date (i) the last closing bid price per share of the
      Common Stock on such date on the OTC
      Bulletin Board or
      another registered national stock exchange on which the Common Stock is then
      listed, or if there is no such price on such date, then the last closing bid
      price on such exchange or quotation system on the date nearest preceding such
      date, or (ii) if the Common Stock is not listed then on the OTC Bulletin Board
      or any registered national stock exchange, the last trading price for a share
      of
      Common Stock in the over-the-counter market, as reported by the OTC Bulletin
      Board or in the National Quotation Bureau Incorporated or similar organization
      or agency succeeding to its functions of reporting prices) at the close of
      business on such date, or (iii) if the Common Stock is not then reported by
      the
      OTC Bulletin Board or the National Quotation Bureau Incorporated (or similar
      organization or agency succeeding to its functions of reporting prices), then
      the average of the “Pink Sheet” quotes for the relevant conversion period, as
      determined in good faith by the Holder, or (iv) if the Common Stock is not
      then
      publicly traded the fair market value of a share of Common Stock as reasonably
      determined by the Maker and reasonably acceptable to the Holder.

     

    (g) Reservation
      of Common Stock.
      

     

    (i) The
      Maker
      shall reserve for issuance such number of shares of Common Stock issuable upon
      the conversion of this Note. In the event that at any time when this Note shall
      be outstanding the Maker shall not have sufficient authorized but unissued
      shares of Common Stock for the purpose of effecting the conversion of all
      amounts outstanding under this Note, it shall take all action necessary to
      increase the number of its authorized shares of Common Stock until such time
      as
      the Maker’s Certificate of Incorporation shall have been amended to increase the
      number of authorized shares of Common Stock to such number as would, at a
      minimum, permit the reservation by the Maker of sufficient shares to allow
      conversion of all amounts outstanding under this Note as provided herein. The
      inability of the Maker to reserve the required number of shares of Common Stock
      required by this Section 3.4(g) shall have no impact on the rank, rights,
      preferences and privileges of the Common Stock, all of which shall be
      interpreted and applied as if the Maker had sufficient shares of Common Stock
      authorized but unissued to effect any conversion. Before taking any action
      which
      would cause an adjustment reducing the Conversion Price below the then par
      value
      of the shares of Common Stock issuable upon conversion of this Note or which
      would cause the effective purchase price for the Common Stock to be less than
      the par value of the shares of Common Stock, the Maker shall take any and all
      corporate action which may, in the opinion of its counsel, be necessary in
      order
      that the Maker may validly and legally issue fully paid and nonassessable shares
      of such Common Stock at such adjusted Conversion Price or effective purchase
      price, as the case may be. 

     

    (h) Regulatory
      Compliance.
      If any
      shares of Common Stock to be reserved for the purpose of conversion of this
      Note
      require registration or listing with or approval of any governmental authority,
      stock exchange or other regulatory body under any federal or state law or
      regulation or otherwise before such shares may be validly issued or delivered
      upon conversion, the Maker shall, at its sole cost and expense, in good faith
      and as expeditiously as possible, endeavor to secure such registration, listing
      or approval, as the case may be.

     

    Section
      3.5 No
      Rights as Shareholder.
      Nothing
      contained in this Note shall be construed as conferring upon the Holder, prior
      to the conversion of this Note, the right to vote or to receive dividends or
      to
      consent or to receive notice as a shareholder in respect of any meeting of
      shareholders for the election of directors of the Maker or of any other matter,
      or any other rights as a shareholder of the Maker.

     

    
      
        
        

      

      
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    ARTICLE
      IV

     

    MISCELLANEOUS

     

    Section
      4.1 Notices.
      Unless
      otherwise provided, notice, demand, request, waiver or other communication
      required or permitted to be given hereunder shall be given in writing and shall
      be deemed effective (a) upon hand delivery, telecopy or facsimile transmission
      to the party to be notified at the address indicated for such party on the
      signature page hereof or at such other address as such party may designate
      by
      written notice to the other party (if delivered on a business day during normal
      business hours where such notice is to be received), or the first business
      day
      following such delivery (if delivered other than on a business day during normal
      business hours where such notice is to be received), (b) on the second business
      day following the date of mailing by express courier service, fully prepaid,
      addressed to such address, or upon actual receipt of such mailing, whichever
      shall first occur, or (c) upon the fifth business day after deposit with the
      United States Post Office, postage prepaid.

     

    Section
      4.2 Governing
      Law.
      This
      Note shall be governed by and construed in accordance with the internal laws
      of
      the State of New York to jurisdiction, without giving effect to any of the
      conflicts of law principles which would result in the application of the
      substantive law of another jurisdiction. This Note shall not be interpreted
      or
      construed with any presumption against the party causing this Note to be
      drafted.

     

    Section
      4.3 Headings.
      Article
      and section headings in this Note are included herein for purposes of
      convenience of reference only and shall not constitute a part of this Note
      for
      any other purpose and are not to be considered in construing or interpreting
      this Note.

     

    Section
      4.4 Remedies,
      Characterizations, Other Obligations, Breaches and Injunctive
      Relief.
      The
      remedies provided in this Note shall be cumulative and in addition to all other
      remedies available under this Note, at law or in equity (including, without
      limitation, a decree of specific performance and/or other injunctive relief),
      no
      remedy contained herein shall be deemed a waiver of compliance with the
      provisions giving rise to such remedy and nothing herein shall limit a Holder’s
      right to pursue actual damages for any failure by the Maker to comply with
      the
      terms of this Note. Amounts set forth or provided for herein with respect to
      payments, conversion and the like (and the computation thereof) shall be the
      amounts to be received by the Holder thereof and shall not, except as expressly
      provided herein, be subject to any other obligation of the Maker (or the
      performance thereof). The Maker acknowledges that a breach by it of its
      obligations hereunder will cause irreparable and material harm to the Holder
      and
      that the remedy at law for any such breach may be inadequate. Therefore the
      Maker agrees that, in the event of any such breach or threatened breach, the
      Holder shall be entitled, in addition to all other available rights and
      remedies, at law or in equity, to seek and obtain such equitable relief,
      including but not limited to an injunction restraining any such breach or
      threatened breach, without the necessity of showing economic loss and without
      any bond or other security being required. 

     

    Section
      4.5 Enforcement
      Expenses.
      The
      Maker agrees to pay immediately upon request and without any need of any
      approvals or determinations of any kind all reasonable costs and expenses of
      enforcement of this Note, including, without limitation, reasonable attorneys’
fees and expenses.

     

    
      
        
        

      

      
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    Section
      4.6 Binding
      Effect.
      The
      obligations of the Maker and the Holder set forth herein shall be binding upon
      the successors and permitted assigns of each such party.

     

    Section
      4.7 Amendments.
      This
      Note may not be modified or amended in any manner except in writing executed
      by
      the Maker and the Holder.

     

    Section
      4.8 Compliance
      with Securities Laws.
      The
      Holder of this Note acknowledges that this Note is being acquired solely for
      the
      Holder’s own account and not as a nominee for any other party, and for
      investment, and that the Holder shall not offer, sell or otherwise dispose
      of
      this Note except in compliance with all applicable securities laws. This Note
      and any Note issued in substitution or replacement therefor shall be stamped
      or
      imprinted with a legend in substantially the following form:

     

    THIS
      NOTE
      AND THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION HEREOF HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR
      APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED, HYPOTHECATED
      OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR RECEIPT BY
      THE
      MAKER OF AN OPINION OF COUNSEL IN THE FORM, SUBSTANCE AND SCOPE REASONABLY
      SATISFACTORY TO THE MAKER THAT THIS NOTE AND THE SHARES OF COMMON STOCK ISSUABLE
      UPON CONVERSION HEREOF MAY BE SOLD, TRANSFERRED, HYPOTHECATED
      OR OTHERWISE DISPOSED OF, UNDER AN EXEMPTION FROM REGISTRATION UNDER THE ACT
      AND
      SUCH STATE SECURITIES LAWS.

    

    Section
      4.9 Governing
      Law and Consent to Jurisdiction.
      This
      Note shall be governed by and construed and enforced in accordance with the
      internal laws of the State of New York without giving effect to principles
      governing conflicts of laws. Each of the Maker and the Holder (i) hereby
      irrevocably submits to the exclusive jurisdiction of the United States District
      Court sitting in the Southern District of New York and the courts of the State
      of New York located in New York county for the purposes of any suit, action
      or
      proceeding arising out of or relating to this Note and (ii) hereby waives,
      and
      agrees not to assert in any such suit, action or proceeding, any claim that
      it
      is not personally subject to the jurisdiction of such court, that the suit,
      action or proceeding is brought in an inconvenient forum or that the venue
      of
      the suit, action or proceeding is improper. Each of the Maker and the Holder
      consents to process being served in any such suit, action or proceeding by
      mailing a copy thereof to such party at the address in effect for notices in
      Section 4.1 (“Notices”)
      and
      agrees that such service shall constitute good and sufficient service of process
      and notice thereof. Nothing in this Section 4.9 shall affect or limit any right
      to serve process in any other manner permitted by law. Each of the Maker and
      the
      Holder hereby agree that the prevailing party in any suit, action or proceeding
      arising out of or relating to this Note shall be entitled to reimbursement
      for
      reasonable legal fees and expenses from the non-prevailing party. 

     

    
      
        
        

      

      
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    Section
      4.10 Parties
      in Interest.
      This
      Note shall be binding upon, inure to the benefit of and be enforceable by the
      Maker, the Holder and their respective successors and permitted
      assigns.

     

    Section
      4.11 Failure
      or Indulgence Not Waiver.
      No
      failure or delay on the part of the Holder in the exercise of any power, right
      or privilege hereunder shall operate as a waiver thereof, nor shall any single
      or partial exercise of any such power, right or privilege preclude other or
      further exercise thereof or of any other right, power or privilege. The
      observance of any term of this Note may be waived (either generally or in a
      particular instance and either retroactively or prospectively) only with the
      written consent of the Maker and the Holder. Any waiver effected in accordance
      with this Section 4.11 shall be binding upon the Holder of this Note, each
      future holder of all such securities, and the Maker. 

     

    Section
      4.12 Maker
      Waivers.
      Except
      as otherwise specifically provided herein, the Maker and all others that may
      become liable for all or any part of the obligations evidenced by this Note,
      hereby waive presentment, demand, notice of nonpayment, protest and all other
      demands and notices in connection with the delivery, acceptance, performance
      and
      enforcement of this Note, and do hereby consent to any number of renewals of
      extensions of the time or payment hereof and agree that any such renewals or
      extensions may be made without notice to any such persons and without affecting
      their liability herein and do further consent to the release of any person
      liable hereon, all without affecting the liability of the other persons, firms
      or Maker liable for the payment of this Note, AND DO HEREBY WAIVE TRIAL BY
      JURY.

     

    (a) No
      delay
      or omission on the part of the Holder in exercising any right under this Note,
      or course of conduct relating hereto, shall operate as a waiver of such rights
      or any other right of the Holder, nor shall any delay, omission or waiver of
      the
      Holder of any such right or rights on any one occasion be deemed a bar to or
      a
      waiver of the same right or any other right on any other occasion.

     

    (b) THE
      MAKER
      ACKNOWLEDGES THAT THE TRANSACTION OF WHICH THIS NOTE IS A PART IS A COMMERCIAL
      TRANSACTION, AND TO THE EXTENT ALLOWED BY APPLICABLE LAW, HEREBY WAIVES ITS
      RIGHT TO NOTICE AND HEARING WITH RESPECT TO ANY PREJUDGMENT REMEDY WHICH THE
      HOLDER OR ITS SUCCESSORS OR ASSIGNS MAY DESIRE TO USE.

     

    Section
      4.13 Definitions.
      For the
      purposes hereof, the following terms shall have the following
      meanings:

     

    “Person”
means
      an individual or a corporation, partnership, trust, incorporated or
      unincorporated association, joint venture, limited liability company, joint
      stock company, government (or an agency or political subdivision thereof) or
      other entity of any kind.

     

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

    “Trading
      Day”
means
      (a) a day on which the Common Stock is traded on the OTC Bulletin Board, or
      (b)
      if the Common Stock is not traded on the OTC Bulletin Board, a day on which
      the
      Common Stock is quoted in the over-the-counter market as reported by the
      National Quotation Bureau Incorporated (or any similar organization or agency
      succeeding its functions of reporting prices); provided,
      however,
      that in
      the event that the Common Stock is not listed or quoted as set forth in (a)
      or
      (b) hereof, then Trading Day shall mean any day except Saturday, Sunday and
      any
      day which shall be a legal holiday or a day on which banking institutions in
      the
      State of New York are authorized or required by law or other government action
      to close.

    

    Section
      4.14 Notices.
       Any
      notices, consents, waivers or other communications required or permitted to
      be
      given under the terms hereof must be in writing and will be deemed to have
      been
      delivered: (i) upon receipt, when delivered personally; (ii) upon receipt,
      when
      sent by facsimile (provided confirmation of transmission is mechanically or
      electronically generated and kept on file by the sending party); or (iii) one
      (1) Trading Day after deposit with a nationally recognized overnight delivery
      service, in each case properly addressed to the party to receive the same.
      

    

    Section
      4.15 Severability.  If
      one or
      more provisions of this Note are held to be unenforceable under applicable
      law,
      such provision shall be excluded from this Note, and the remaining provisions
      of
      this Note shall be interpreted as if such provision were so excluded and shall
      be enforceable in accordance with their terms, with the effect of the excluded
      provision being taken into consideration and the remaining terms construed
      in
      accordance with the intent of this Note. 

     

    SIGNATURE
      ON THE FOLLOWING PAGE

    
      
        
        

      

      
        -12-

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, this Note is executed and delivered by the duly authorized
      and
      empowered officer of the Maker as of the date first written above.

     

    
      	 	 	 
	 	GOOD HARBOR PARTNERS ACQUISITION
              CORP.
              
	 
 	 
 	 
 
	 	By:  	/s/ Thomas
              J.
              Colatosti
	 	
              
Thomas
              J. Colatosti
	 	President
              and
              Treasurer 

    

    

    
      
        
        

      

      
        -13-

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    WIRE
      INSTRUCTIONS

    
      
        
        

      

      
        -14-

        
          

        

      

      
        
        

      

    

    FORM
      OF

     

    NOTICE
      OF
      CONVERSION

     

    (To
      be
      Executed by the Registered Holder in order to Convert the Note)

     

    The
      undersigned hereby irrevocably elects to convert $ ________________ of the
      principal amount of the above Note No. ___ into shares of Common Stock of Good
      Harbor Partners Acquisition Corp. (the “Maker”) according to the conditions
      hereof, as of the date written below.

     

    Date
      of
      Conversion________________________________________________________

     

    Applicable
      Conversion Price__________________________________________________

     

    Number
      of
      shares of Common Stock beneficially owned or deemed beneficially owned by the
      Holder on the Date of
      Conversion:______________________________________________________________

     

    Signature________________________________________________________________

    [Name]

     

    Address:_________________________________________________________________

    _________________________________________________________________

      

     

    
      
        
        

      

      
        -15-

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