Document:

[Execution copy]

                        TRUST SUPPLEMENT No. 2002-1G-2-S

                           Dated as of March 25, 2002

                                     between

                            WILMINGTON TRUST COMPANY
                                   as Trustee,

                                       and

                           CONTINENTAL AIRLINES, INC.

                                       to

                          PASS THROUGH TRUST AGREEMENT
                         Dated as of September 25, 1997

                                  $194,522,000

               Continental Airlines Pass Through Trust 2002-1G-2-S
                           6.563% Continental Airlines
                           Pass Through Certificates,
                               Series 2002-1G-2-S

<PAGE>

                                TABLE OF CONTENTS

                                                                            PAGE

ARTICLE I THE CERTIFICATES.....................................................2
         Section 1.01.  The Certificates.......................................2

ARTICLE II DEFINITIONS.........................................................4
         Section 2.01.  Definitions............................................4

ARTICLE III CERTIFICATES; DISTRIBUTIONS; STATEMENTS TO CERTIFICATEHOLDERS.....11
         Section 3.01.  Statements to Applicable Certificateholders...........11
         Section 3.02.  Special Payments Account..............................12
         Section 3.03.  Distributions from Special Payments Account...........13

ARTICLE IV DEFAULT 14
         Section 4.01.  Purchase Rights of Certificateholders.................14
         Section 4.02.  Amendment of Section 6.05 of the Basic Agreement......18

ARTICLE V THE TRUSTEE.........................................................19
         Section 5.01.  Acquisition of Trust Property.........................19
         Section 5.02.  [Intentionally Omitted]...............................19
         Section 5.03.  The Trustee...........................................20
         Section 5.04.  Representations and Warranties of the Trustee.........20
         Section 5.05.  Trustee Liens.........................................21

ARTICLE VI ADDITIONAL AMENDMENT; SUPPLEMENTAL AGREEMENTS......................21
         Section 6.01.  Amendment of Section 5.02 of the Basic Agreement......21
         Section 6.02.  Supplemental Agreements Without Consent of
                        Applicable Certificateholders.........................21
         Section 6.03.  Supplemental Agreements with Consent of
                        Applicable Certificateholders.........................22
         Section 6.04.  Consent of Holders of Certificates Issued under
                        Other Trusts..........................................22

ARTICLE VII TERMINATION OF TRUST..............................................23
         Section 7.01.  Termination of the Applicable Trust...................23

ARTICLE VIII MISCELLANEOUS PROVISIONS.........................................24
         Section 8.01.  Basic Agreement Ratified..............................24
         Section 8.02.  GOVERNING LAW.........................................24
         Section 8.03.  Execution in Counterparts.............................24
         Section 8.04.  Intention of Parties..................................24

<PAGE>

            This Trust Supplement No. 2002-1G-2-S, dated as of March 25, 2002
(herein called the "TRUST SUPPLEMENT"), between Continental Airlines, Inc., a
Delaware corporation (the "COMPANY"), and Wilmington Trust Company (the
"TRUSTEE"), to the Pass Through Trust Agreement, dated as of September 25, 1997,
between the Company and the Trustee (the "BASIC AGREEMENT").

                              W I T N E S S E T H:
                              - - - - - - - - - -

            WHEREAS, the Basic Agreement, unlimited as to the aggregate
principal amount of Certificates (unless otherwise specified herein, capitalized
terms used herein without definition having the respective meanings specified in
the Basic Agreement) which may be issued thereunder, has heretofore been
executed and delivered;

            WHEREAS, the Company has obtained commitments from Boeing for the
delivery of certain Aircraft;

            WHEREAS, as of the Transfer Date (as defined below), the Company
will have financed the acquisition of all or a portion of such Aircraft through
separate secured loan transactions, under which the Company owns such Aircraft
(collectively, the "OWNED AIRCRAFT");

            WHEREAS, as of the Transfer Date, in the case of each Owned
Aircraft, the Company will have issued pursuant to an Indenture, on a recourse
basis, Equipment Notes to finance a portion of the purchase price of such Owned
Aircraft;

            WHEREAS, as of the Transfer Date, the Related Trustee will assign,
transfer and deliver all of such trustee's right, title and interest to the
trust property held by the Related Trustee to the Trustee pursuant to the
Assignment and Assumption Agreement (as defined below);

            WHEREAS, the Trustee, effective only, but automatically, upon
execution and delivery of the Assignment and Assumption Agreement, will be
deemed to have declared the creation of the Continental Airlines Pass Through
Trust 2002-1G-2-S (the "APPLICABLE TRUST") for the benefit of the Applicable
Certificateholders, and each Holder of Applicable Certificates outstanding as of
the Transfer Date, as the grantors of the Applicable Trust, by their respective
acceptances of such Applicable Certificates, will join in the creation of the
Applicable Trust with the Trustee;

            WHEREAS, all Applicable Certificates (as defined below) deemed
issued by the Applicable Trust will evidence fractional undivided interests in
the Applicable Trust and will convey no rights, benefits or interests in respect
of any property other than the Trust Property except for those Applicable
Certificates to which an Escrow Receipt (as defined below) has been affixed;

            WHEREAS, upon the execution and delivery of the Assignment and
Assumption Agreement, all of the conditions and requirements necessary to make

<PAGE>

this Trust Supplement, when duly executed and delivered, a valid, binding and
legal instrument in accordance with its terms and for the purposes herein
expressed, have been done, performed and fulfilled, and the execution and
delivery of this Trust Supplement in the form and with the terms hereof have
been in all respects duly authorized;

            WHEREAS, this Trust Supplement is subject to the provisions of the
Trust Indenture Act of 1939, as amended, and shall, to the extent applicable, be
governed by such provisions;

            NOW THEREFORE, in consideration of the premises herein, it is agreed
between the Company and the Trustee as follows:

                                    ARTICLE I
                                THE CERTIFICATES

            Section 1.01. THE CERTIFICATES. The Applicable Certificates shall be
known as "6.563% Continental Airlines Pass Through Certificates, Series
2002-1G-2-S". Each Applicable Certificate represents a fractional undivided
interest in the Applicable Trust created hereby. The Applicable Certificates
shall be the only instruments evidencing a fractional undivided interest in the
Applicable Trust.

            The terms and conditions applicable to the Applicable Certificates
are as follows:

            (a) The aggregate principal amount of the Applicable Certificates
      that shall be initially deemed issued under the Agreement shall be equal
      to the aggregate principal amount of "Outstanding" pass through
      certificates representing fractional undivided interests in the Related
      Trust on the Transfer Date. Subject to the preceding sentence and Section
      5.01 of this Trust Supplement and except for Applicable Certificates
      authenticated and delivered under Sections 3.03, 3.04, 3.05 and 3.06 of
      the Basic Agreement), no Applicable Certificates shall be authenticated
      under the Agreement.

            (b) The Regular Distribution Dates with respect to any payment of
      Scheduled Payments means February 15, May 15, August 15 and November 15 of
      each year, commencing on May 15, 2002, until payment of all of the
      Scheduled Payments to be made under the Equipment Notes has been made.

            (c) The Special Distribution Dates with respect to the Applicable
      Certificates means any Business Day on which a Special Payment is to be
      distributed pursuant to the Agreement.

            (d) At the Escrow Agent's request under the Escrow Agreement, the
      Trustee shall affix the corresponding Escrow Receipt to each Applicable
      Certificate. In any event, any transfer or exchange of any Applicable
      Certificate shall also effect a transfer or exchange of the related Escrow
      Receipt. Prior to the Final Withdrawal Date, no transfer or exchange of

<PAGE>

      any Applicable Certificate shall be permitted unless the corresponding
      Escrow Receipt is attached thereto and also is so transferred or
      exchanged. By acceptance of any Applicable Certificate to which an Escrow
      Receipt is attached, each Holder of such an Applicable Certificate
      acknowledges and accepts the restrictions on transfer of the Escrow
      Receipt set forth herein and in the Escrow Agreement.

            (e) (i) The Applicable Certificates shall be in the form attached as
      Exhibit A to the Related Pass Through Trust Supplement, with such
      appropriate insertions, omissions, substitutions and other variations as
      are required or permitted by the Related Pass Through Trust Agreement or
      the Agreement, as the case may be, or as the Trustee may deem appropriate,
      to reflect the fact that the Applicable Certificates are being issued
      under the Agreement as opposed to under the Related Pass Through Trust
      Agreement. Any Person acquiring or accepting an Applicable Certificate or
      an interest therein will, by such acquisition or acceptance, be deemed to
      represent and warrant to and for the benefit of the Company that either
      (i) the assets of an employee benefit plan subject to Title I of the
      Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or
      of a plan subject to Section 4975 of the Internal Revenue Code of 1986, as
      amended (the "CODE"), have not been used to purchase Applicable
      Certificates or an interest therein or (ii) the purchase and holding of
      Applicable Certificates or an interest therein is exempt from the
      prohibited transaction restrictions of ERISA and the Code pursuant to one
      or more prohibited transaction statutory or administrative exemptions.

            (ii) The Applicable Certificates shall be Book-Entry Certificates
      and shall be subject to the conditions set forth in the Letter of
      Representations between the Company and the Clearing Agency attached as
      Exhibit B to the Related Pass Through Trust Supplement.

            (f) The "Participation Agreements" as defined in this Trust
      Supplement are the "Note Purchase Agreements" referred to in the Basic
      Agreement.

            (g) The Applicable Certificates are subject to the Intercreditor
      Agreement, the Deposit Agreement and the Escrow Agreement.

            (h) The Applicable Certificates are entitled to the benefits of the
      Primary Liquidity Facility and the Policy.

            (i) The Responsible Party is the Company.

            (j) The date referred to in clause (i) of the definition of the term
      "PTC Event of Default" in the Basic Agreement is the Final Maturity Date.

            (k) The "particular sections of the Note Purchase Agreement", for
      purposes of clause (3) of Section 7.07 of the Basic Agreement, are Section
      8.1 of each Participation Agreement.

<PAGE>

            (l) The Equipment Notes to be acquired and held in the Applicable
      Trust, and the related Aircraft and Note Documents, are described in the
      NPA.

                                   ARTICLE II
                                   DEFINITIONS

            Section 2.01. DEFINITIONS. For all purposes of the Basic Agreement
as supplemented by this Trust Supplement, the following capitalized terms have
the following meanings (any term used herein which is defined in both this Trust
Supplement and the Basic Agreement shall have the meaning assigned thereto in
this Trust Supplement for purposes of the Basic Agreement as supplemented by
this Trust Supplement):

            AGREEMENT: Means the Basic Agreement, as supplemented by this Trust
      Supplement.

            AIRCRAFT: Means each of the New Aircraft or Substitute Aircraft in
      respect of which a Participation Agreement is entered into in accordance
      with the NPA (or any substitute aircraft, including engines therefor,
      owned by the Company and securing one or more Equipment Notes).

            AIRCRAFT PURCHASE AGREEMENT: Has the meaning specified in the NPA.

            APPLICABLE CERTIFICATE: Means any of the "Applicable Certificates"
      issued by the Related Trust and that are "Outstanding" (as defined in the
      Related Pass Through Trust Agreement) as of the Transfer Date (the
      "TRANSFER DATE CERTIFICATES") and any Certificate issued in exchange
      therefor or replacement thereof pursuant to the Agreement.

            APPLICABLE CERTIFICATEHOLDER: Means the Person in whose name an
      Applicable Certificate is registered on the Register for the Applicable
      Certificates.

            APPLICABLE TRUST: Has the meaning specified in the recitals hereto.

            ASSIGNMENT AND ASSUMPTION AGREEMENT: Means the assignment and
      assumption agreement substantially in the form of Exhibit C to the Related
      Pass Through Trust Supplement executed and delivered in accordance with
      Section 7.01 of the Related Trust Supplement.

            BASIC AGREEMENT: Has the meaning specified in the first paragraph of
      this Trust Supplement.

            BOEING: Means The Boeing Company.

<PAGE>

            BUSINESS DAY: Means any day other than a Saturday, a Sunday or a day
      on which commercial banks are required or authorized to close in Houston,
      Texas, New York, New York, or, so long as any Applicable Certificate is
      Outstanding, the city and state in which the Trustee, the Subordination
      Agent or any Loan Trustee maintains its Corporate Trust Office or receives
      and disburses funds, and, if any Series G-1 Equipment Notes (as defined in
      the Intercreditor Agreement) or Series H Equipment Notes (as defined in
      the Intercreditor Agreement) are outstanding, which is also a day for
      trading by and between banks in the London interbank Eurodollar market.

            CERTIFICATE: Has the meaning specified in the Intercreditor
      Agreement.

            CLASS: Has the meaning specified in the Intercreditor Agreement.

            COMPANY: Has the meaning specified in the first paragraph of this
      Trust Supplement.

            CONTROLLING PARTY: Has the meaning specified in the Intercreditor
      Agreement.

            CUT-OFF DATE: Means the earlier of (a) the Delivery Period
      Termination Date and (b) the date on which a Triggering Event occurs.

            DELIVERY NOTICE: Has the meaning specified in the NPA.

            DELIVERY PERIOD TERMINATION DATE: Has the meaning specified in the
      Related Pass Through Trust Supplement.

            DEPOSIT AGREEMENT: Means the Deposit Agreement dated as of March 25,
      2002 relating to the Applicable Certificates between the Depositary and
      the Escrow Agent, as the same may be amended, supplemented or otherwise
      modified from time to time in accordance with its terms.

            DEPOSIT MAKE-WHOLE PREMIUM: Has the meaning specified in the NPA.

            DEPOSITARY: Means Credit Suisse First Boston, a banking institution
      organized under the laws of Switzerland, acting through its New York
      branch.

            DEPOSITS: Has the meaning specified in the Deposit Agreement.

            DISTRIBUTION DATE: Means any Regular Distribution Date or Special
      Distribution Date as the context requires.

            ESCROW AGENT: Means, initially, Wells Fargo Bank Northwest, National
      Association, and any replacement or successor therefor appointed in
      accordance with the Escrow Agreement.

<PAGE>

            ESCROW AGREEMENT: Means the Escrow and Paying Agent Agreement dated
      as of March 25, 2002 relating to the Applicable Certificates, among the
      Escrow Agent, the Escrow Paying Agent, the Related Trustee (and after the
      Transfer Date, the Trustee) and the Underwriters, as the same may be
      amended, supplemented or otherwise modified from time to time in
      accordance with its terms.

            ESCROW PAYING AGENT: Means the Person acting as paying agent under
      the Escrow Agreement.

            ESCROW RECEIPT: Means the receipt substantially in the form annexed
      to the Escrow Agreement representing a fractional undivided interest in
      the funds held in escrow thereunder.

            FINAL MATURITY DATE: Means August 15, 2013.

            FINAL WITHDRAWAL: Has the meaning specified in the Escrow Agreement.

            FINAL WITHDRAWAL DATE: Has the meaning specified in the Escrow
      Agreement.

            INDENTURE: Means each of the separate trust indentures and mortgages
      relating to the Aircraft, each as specified or described in a Delivery
      Notice delivered pursuant to the NPA or the related Participation
      Agreement, in each case as the same may be amended, supplemented or
      otherwise modified from time to time in accordance with its terms.

            INTERCREDITOR AGREEMENT: Means the Intercreditor Agreement dated as
      of March 25, 2002 among the Related Other Trustee (and after the Transfer
      Date, the Trustee), the Other Related Trustees (and after the Transfer
      Date, the Other Trustees), the Primary Liquidity Provider, the primary
      liquidity provider and the above-cap liquidity provider relating to the
      Class G-1 Certificates, the Policy Provider and Wilmington Trust Company,
      as Subordination Agent and as trustee thereunder, as amended, supplemented
      or otherwise modified from time to time in accordance with its terms.

            INVESTORS: Means the Underwriters, together with all subsequent
      beneficial owners of the Applicable Certificates.

            MAKE-WHOLE AMOUNT: Has the meaning specified in the Indentures.

            NEW AIRCRAFT: Has the meaning specified in the NPA.

            NOTE DOCUMENTS: Means the Equipment Notes with respect to the
      Applicable Certificates and, with respect to any such Equipment Note, the
      Indenture and the Participation Agreement relating to such Equipment Note.

            NPA: Means the Note Purchase Agreement dated as of March 25, 2002
      among the Related Trustee (and after the Transfer Date, the Trustee), the

<PAGE>

      Related Other Trustees (and after the Transfer Date, the Other Trustees),
      the Company, the Escrow Agent, the Escrow Paying Agent and the
      Subordination Agent, as the same may be amended, supplemented or otherwise
      modified from time to time, in accordance with its terms.

            OTHER AGREEMENTS: Means (i) the Basic Agreement as supplemented by
      Trust Supplement No. 2002-1G-1-S dated as of the date hereof relating to
      Continental Airlines Pass Through Trust 2002-1G-1-S, (ii) the Basic
      Agreement as supplemented by Trust Supplement No. 2002-1H-S dated as of
      the date hereof relating to Continental Airlines Pass Through Trust
      2002-1H-S and (iii) the Basic Agreement as supplemented by Trust
      Supplement No. 2002-1I-S dated as of the date hereof relating to
      Continental Airlines Pass Through Trust 2002-1I-S.

            OTHER TRUSTEES: Means the trustees under the Other Agreements, and
      any successor or other trustee appointed as provided therein.

            OTHER TRUSTS: Means the Continental Airlines Pass Through Trust
      2002-1G-1-S, the Continental Airlines Pass Through Trust 2002-1H-S and the
      Continental Airlines Pass Through Trust 2002-1I-S, created by the Other
      Agreements.

            OUTSTANDING: When used with respect to Applicable Certificates,
      means, as of the date of determination, all Transfer Date Certificates,
      and all other Applicable Certificates theretofore authenticated and
      delivered under the Agreement, in each case except:

                  (i) Applicable Certificates theretofore canceled by the
            Registrar or delivered to the Trustee or the Registrar for
            cancellation;

                  (ii) Applicable Certificates for which money in the full
            amount required to make the final distribution with respect to such
            Applicable Certificates pursuant to Section 11.01 of the Basic
            Agreement has been theretofore deposited with the Trustee in trust
            for the Applicable Certificateholders as provided in Section 4.01 of
            the Basic Agreement pending distribution of such money to such
            Applicable Certificateholders pursuant to payment of such final
            distribution; and

                  (iii) Applicable Certificates in exchange for or in lieu of
            which other Applicable Certificates have been authenticated and
            delivered pursuant to this Agreement.

            OWNED AIRCRAFT: Has the meaning specified in the third recital to
      this Trust Supplement.

            PARTICIPATION AGREEMENT: Means each Participation Agreement entered
      into by the Related Trustee pursuant to the NPA, as the same may be
      amended, supplemented or otherwise modified in accordance with its terms.

<PAGE>

            POLICY: Means, with respect to the Applicable Certificates, Ambac
      Certificate Guarantee Insurance Policy No. AB0543BE, together with the
      Certificate Guaranty Insurance Policy Endorsement attached thereto, issued
      as of the Closing Date, as amended, supplemented or otherwise modified
      from time to time in accordance with its terms.

            POLICY PROVIDER: Has the meaning specified in the Intercreditor
      Agreement.

            POLICY PROVIDER AGREEMENT: Has the meaning specified in the
      Intercreditor Agreement.

            POLICY PROVIDER DEFAULT: Has the meaning specified in the
      Intercreditor Agreement.

            POOL BALANCE: Means, as of any date, (i) the original aggregate face
      amount of the "Applicable Certificates" as defined in the Related Pass
      Through Trust Agreement, less (ii) the aggregate amount of all payments
      made as of such date in respect of such Certificates, the Applicable
      Certificates (as defined in the Related Pass Through Trust Agreement) or
      the Deposits, other than payments made in respect of interest or premium,
      Make-Whole Amount or Deposit Make-Whole Premium thereon or reimbursement
      of any costs or expenses incurred in connection therewith. The Pool
      Balance as of any date shall be computed after giving effect to any
      special distribution with respect to unused Deposits, payment of principal
      of the Equipment Notes, payments under the Policy (other than in respect
      of interest on the Applicable Certificates) or payment with respect to
      other Trust Property and the distribution thereof to be made on that date.

            POOL FACTOR: Means, as of any Distribution Date, the quotient
      (rounded to the seventh decimal place) computed by dividing (i) the Pool
      Balance by (ii) the original aggregate face amount of the "Applicable
      Certificates" as defined in the Related Pass Through Trust Agreement. The
      Pool Factor as of any Distribution Date shall be computed after giving
      effect to any special distribution with respect to unused Deposits,
      payment of principal of the Equipment Notes, payment under the Policy
      (other than in respect of interest on the Applicable Certificates) or
      payment with respect to other Trust Property and the distribution thereof
      to be made on that date.

            PRIMARY LIQUIDITY FACILITY: Means, initially, the Revolving Credit
      Agreement dated as of March 25, 2002 relating to the Applicable
      Certificates, between the Primary Liquidity Provider and Wilmington Trust
      Company, as Subordination Agent, as agent and trustee for the Applicable
      Trust, and, from and after the replacement of such agreement pursuant to
      the Intercreditor Agreement, the replacement primary liquidity facility
      therefor, in each case as amended, supplemented or otherwise modified from
      time to time in accordance with their respective terms.

            PRIMARY LIQUIDITY PROVIDER: Means, initially, Landesbank
      Hessen-Thuringen Girozentrale, a German public law institution duly

<PAGE>

      established under the Treaty on the Formation of a Joint Savings Banks
      Organization Hessen-Thuringen, and any replacements or successors therefor
      appointed in accordance with the Intercreditor Agreement.

            PROSPECTUS SUPPLEMENT: Means the final Prospectus Supplement dated
      March 11, 2002 relating to the offering of the Applicable Certificates and
      the Class G-1 Certificates.

            RATINGS CONFIRMATION: Has the meaning specified in the Intercreditor
      Agreement.

            REFERENCE AGENCY AGREEMENT: Has the meaning specified in the NPA.

            RELATED OTHER PASS THROUGH TRUST AGREEMENTS: Means the "Other
      Agreements" as defined in the Related Pass Through Trust Agreement.

            RELATED OTHER TRUSTEES: Means the "Other Trustees" as defined in the
      Related Pass Through Trust Agreement.

            RELATED OTHER TRUSTS: Means "Other Trusts" as defined in the Related
      Pass Through Trust Agreement.

            RELATED PASS THROUGH TRUST AGREEMENT: Means the Means the Basic
      Agreement as supplemented by the Trust Supplement No. 2002-1G-2-O dated as
      of the date hereof (the "RELATED PASS THROUGH TRUST SUPPLEMENT"), relating
      to the Continental Airlines Pass Through Trust 2002-1G-2-O and entered
      into by the Company and the Related Trustee, as amended, supplemented or
      otherwise modified from time to time in accordance with its terms.

            RELATED TRUST: Means the Continental Pass Through Trust 2002-1G-2-O,
      formed under the Related Pass Through Trust Agreement.

            RELATED TRUSTEE: Means the trustee under the Related Pass Through
      Trust Agreement.

            SCHEDULED PAYMENT: Means, with respect to any Equipment Note, (i)
      any payment of principal or interest on such Equipment Note (other than
      any such payment which is not in fact received by the Trustee or any
      Subordination Agent within five days of the date on which such payment is
      scheduled to be made) or (ii) any payment of interest on the Applicable
      Certificates with funds drawn under the Primary Liquidity Facility or any
      payment of interest on or principal of the Applicable Certificates with
      funds drawn under the Policy, which payment in any such case represents
      the installment of principal on such Equipment Note at the stated maturity
      of such installment, the payment of regularly scheduled interest accrued
      on the unpaid principal amount of such Equipment Note, or both; PROVIDED,
      HOWEVER, that any payment of principal, premium, Make-Whole Amount or
      Deposit Make-Whole Premium, if any, or interest resulting from the

<PAGE>

      redemption or purchase of any Equipment Note shall not constitute a
      Scheduled Payment.

            SPECIAL PAYMENT: Means any payment (other than a Scheduled Payment)
      in respect of, or any proceeds of, any Equipment Note, Collateral (as
      defined in each Indenture) or Deposit Make-Whole Premium.

            SUBSTITUTE AIRCRAFT: Has the meaning specified in the NPA.

            TRANSFER DATE: Means the moment of execution and delivery of the
      Assignment and Assumption Agreement by each of the parties thereto.

            TRANSFER DATE CERTIFICATES: Has the meaning specified in the
      definition of "Applicable Certificates".

            TRIGGERING EVENT: Has the meaning assigned to such term in the
      Intercreditor Agreement.

            TRUST PROPERTY: Means (i) subject to the Intercreditor Agreement,
      the Equipment Notes held as the property of the Applicable Trust, all
      monies at any time paid thereon and all monies due and to become due
      thereunder, (ii) funds from time to time deposited in the Certificate
      Account and the Special Payments Account and, subject to the Intercreditor
      Agreement, any proceeds from the sale by the Trustee pursuant to Article
      VI of the Basic Agreement of any Equipment Note and (iii) all rights of
      the Applicable Trust and the Trustee, on behalf of the Applicable Trust,
      under the Intercreditor Agreement, the Escrow Agreement, the NPA, the
      Primary Liquidity Facility and the Policy, including, without limitation,
      all rights to receive certain payments thereunder, and all monies paid to
      the Trustee on behalf of the Applicable Trust pursuant to the
      Intercreditor Agreement, the Primary Liquidity Facility or the Policy,
      PROVIDED that rights with respect to the Deposits or under the Escrow
      Agreement, will not constitute Trust Property.

            TRUST SUPPLEMENT: Has the meaning specified in the first paragraph
      of this trust supplement.

            TRUSTEE: Has the meaning specified in the first paragraph of this
      Trust Supplement.

            UNDERWRITERS: Means, collectively, Credit Suisse First Boston
      Corporation, J.P. Morgan Securities Inc., Merrill Lynch, Pierce, Fenner &
      Smith Incorporated, Salomon Smith Barney Inc. and Morgan Stanley & Co.
      Incorporated.

            UNDERWRITING AGREEMENT: Means the Underwriting Agreement dated March
      11, 2002 among the Underwriters, the Company and the Depositary, as the
      same may be amended, supplemented or otherwise modified from time to time
      in accordance with its terms.

<PAGE>

                                   ARTICLE III
          CERTIFICATES; DISTRIBUTIONS; STATEMENTS TO CERTIFICATEHOLDERS

            Section 3.01. STATEMENTS TO APPLICABLE CERTIFICATEHOLDERS. (a) On
each Distribution Date, the Trustee will include with each distribution to
Applicable Certificateholders of a Scheduled Payment or Special Payment, as the
case may be, a statement setting forth the information provided below (in the
case of a Special Payment, reflecting in part the information provided by the
Escrow Paying Agent under the Escrow Agreement). Such statement shall set forth
(per $1,000 face amount Applicable Certificate as to (ii), (iii), (iv) and (v)
below) the following information:

            (i) the aggregate amount of funds distributed on such Distribution
      Date under the Agreement and under the Escrow Agreement, indicating the
      amount allocable to each source, including any portion thereof paid by the
      Primary Liquidity Provider or the Policy Provider;

            (ii) the amount of such distribution under the Agreement allocable
      to principal and the amount allocable to premium, Make-Whole Amount or
      Deposit Make-Whole Premium, if any;

            (iii) the amount of such distribution under the Agreement allocable
      to interest;

            (iv) the amount of such distribution under the Escrow Agreement
      allocable to interest;

            (v) the amount of such distribution under the Escrow Agreement
      allocable to unused Deposits, if any; and

            (vi) the Pool Balance and the Pool Factor.

            With respect to the Applicable Certificates registered in the name
of a Clearing Agency, on the Record Date prior to each Distribution Date, the
Trustee will request from such Clearing Agency a securities position listing
setting forth the names of all Clearing Agency Participants reflected on such
Clearing Agency's books as holding interests in the Applicable Certificates on
such Record Date. On each Distribution Date, the Trustee will mail to each such
Clearing Agency Participant the statement described above and will make
available additional copies as requested by such Clearing Agency Participant for
forwarding to holders of interests in the Applicable Certificates.

            (b) Within a reasonable period of time after the end of each
calendar year but not later than the latest date permitted by law, the Trustee
shall furnish to each Person who at any time during such calendar year was an
Applicable Certificateholder of record a statement containing the sum of the
amounts determined pursuant to clauses (a)(i), (a)(ii), (a)(iii), (a)(iv) and

<PAGE>

(a)(v) above for such calendar year or, in the event such Person was an
Applicable Certificateholder of record during a portion of such calendar year,
for such portion of such year, and such other items as are readily available to
the Trustee and which an Applicable Certificateholder shall reasonably request
as necessary for the purpose of such Applicable Certificateholder's preparation
of its U.S. federal income tax returns. Such statement and such other items
shall be prepared on the basis of information supplied to the Trustee by the
Clearing Agency Participants and shall be delivered by the Trustee to such
Clearing Agency Participants to be available for forwarding by such Clearing
Agency Participants to the holders of interests in the Applicable Certificates
in the manner described in Section 3.01(a) of this Trust Supplement.

            (c) If the aggregate principal payments scheduled for a Regular
Distribution Date prior to the Delivery Period Termination Date differ from the
amount thereof set forth for the Applicable Certificates on page S-42 of the
Prospectus Supplement, by no later than the 15th day prior to such Regular
Distribution Date, the Trustee (if the Related Trustee has not already done so)
shall mail written notice of the actual amount of such scheduled payments to the
Applicable Certificateholders of record as of a date within 15 Business Days
prior to the date of mailing.

            (d) Promptly following (i) the Delivery Period Termination Date, if
there has been any change in the information set forth in clauses (y) and (z)
below from that set forth in page S-42 of the Prospectus Supplement, and (ii)
the date of any early redemption or purchase of, or any default in the payment
of principal or interest in respect of, any of the Equipment Notes held in the
Applicable Trust, or any Final Withdrawal, the Trustee (if the Related Trustee
has not already done so) shall furnish to Applicable Certificateholders of
record on such date a statement setting forth (x) the expected Pool Balances for
each subsequent Regular Distribution Date following the Delivery Period
Termination Date, (y) the related Pool Factors for such Regular Distribution
Dates and (z) the expected principal distribution schedule of the Equipment
Notes, in the aggregate, held as Trust Property at the date of such notice. With
respect to the Applicable Certificates registered in the name of a Clearing
Agency, on the Transfer Date, the Trustee (if the Related Trustee has not
already done so) will request from such Clearing Agency a securities position
listing setting forth the names of all Clearing Agency Participants reflected on
such Clearing Agency's books as holding interests in the "Applicable
Certificates" (as defined in the Related Pass Through Trust Agreement) on the
Delivery Period Termination Date. The Trustee (if the Related Trustee has not
already done so) will mail to each such Clearing Agency Participant the
statement described above and will make available additional copies as requested
by such Clearing Agency Participant for forwarding to holders of interests in
the Applicable Certificates.

            (e) This Section 3.01 supersedes and replaces Section 4.03 of the
Basic Agreement, with respect to the Applicable Trust.

            Section 3.02. SPECIAL PAYMENTS ACCOUNT. (a) The Trustee shall
establish and maintain on behalf of the Applicable Certificateholders a Special
Payments Account as one or more accounts, which shall be non-interest bearing
except as provided in Section 4.04 of the Basic Agreement. The Trustee shall
hold the Special Payments Account in trust for the benefit of the Applicable
Certificateholders and shall make or permit withdrawals therefrom only as
provided in the Agreement. On each day when one or more Special Payments are
made to the Trustee under the Intercreditor Agreement and upon the payment of
the Deposit Make-Whole Premium to the Trustee under the NPA, the Trustee, upon

<PAGE>

receipt thereof, shall immediately deposit the aggregate amount of such Special
Payments in the Special Payments Account.

            (b) This Section 3.02 supersedes and replaces Section 4.01(b) of the
Basic Agreement in its entirety, with respect to the Applicable Trust.

            Section 3.03. DISTRIBUTIONS FROM SPECIAL PAYMENTS ACCOUNT. (a) On
each Special Distribution Date with respect to any Special Payment or as soon
thereafter as the Trustee has confirmed receipt of any Special Payments due on
the Equipment Notes held (subject to the Intercreditor Agreement) in the
Applicable Trust or realized upon the sale of such Equipment Notes or receipt of
the Deposit Make-Whole Premium, the Trustee shall distribute out of the Special
Payments Account the entire amount of such Special Payment deposited therein
pursuant to Section 3.02(a) of this Trust Supplement. There shall be so
distributed to each Applicable Certificateholder of record on the Record Date
with respect to such Special Distribution Date (other than as provided in
Section 7.01 of this Trust Supplement concerning the final distribution) by
check mailed to such Applicable Certificateholder, at the address appearing in
the Register, such Applicable Certificateholder's pro rata share (based on the
Fractional Undivided Interest in the Applicable Trust held by such Applicable
Certificateholder) of the total amount in the Special Payments Account on
account of such Special Payment, except that, with respect to Applicable
Certificates registered on the Record Date in the name of a Clearing Agency (or
its nominee), such distribution shall be made by wire transfer in immediately
available funds to the account designated by such Clearing Agency (or such
nominee).

            (b) The Trustee shall, at the expense of the Company, cause notice
of each Special Payment to be mailed to each Applicable Certificateholder at his
address as it appears in the Register. In the event of redemption or purchase of
Equipment Notes held in the Applicable Trust, such notice shall be mailed not
less than 15 days prior to the Special Distribution Date for the Special Payment
resulting from such redemption or purchase, which Special Distribution Date
shall be the date of such redemption or purchase. In the case of any
distribution pursuant to Section 3.7(c) or Section 3.7(e) of the Intercreditor
Agreement, the Trustee will mail notice to the Applicable Certificateholders not
less than 15 days prior to the Special Distribution Date determined for such
distribution. In the event of the payment of a Deposit Make-Whole Premium by the
Company to the Trustee under the NPA, such notice shall be mailed, together with
the notice by the Escrow Paying Agent under Section 2.07 of the Escrow
Agreement, not less than 15 days prior to the Special Distribution Date for such
amount. In the case of any other Special Payments, such notice shall be mailed
as soon as practicable after the Trustee has confirmed that it has received
funds for such Special Payment, stating the Special Distribution Date for such
Special Payment which shall occur not less than 15 days after the date of such
notice and as soon as practicable thereafter. Notices mailed by the Trustee
shall set forth:

            (i) the Special Distribution Date and the Record Date therefor
      (except as otherwise provided in Section 7.01 of this Trust Supplement),

            (ii) the amount of the Special Payment for each $1,000 face amount
      Applicable Certificate and the amount thereof constituting principal,
      premium, Make-Whole Amount or Deposit Make-Whole Premium, if any, and
      interest,

<PAGE>

            (iii) the reason for the Special Payment, and

            (iv) if the Special Distribution Date is the same date as a Regular
      Distribution Date, the total amount to be received on such date for each
      $1,000 face amount Applicable Certificate.

If the amount of (i) premium or Make-Whole Amount, if any, payable upon the
redemption or purchase of an Equipment Note or (ii) the Deposit Make-Whole
Premium, if any, has not been calculated at the time that the Trustee mails
notice of a Special Payment, it shall be sufficient if the notice sets forth the
other amounts to be distributed and states that any premium, Make-Whole Amount
or Deposit Make-Whole Premium received will also be distributed.

            If any redemption of the Equipment Notes held in the Trust is
canceled, the Trustee, as soon as possible after learning thereof, shall cause
notice thereof to be mailed to each Applicable Certificateholder at its address
as it appears on the Register.

            (b) This Section 3.03 supersedes and replaces Section 4.02(b) and
Section 4.02(c) of the Basic Agreement in their entirety, with respect to the
Applicable Trust.

            Section 3.04. LIMITATION OF LIABILITY FOR PAYMENTS. Section 3.09 of
the Basic Agreement shall be amended, with respect to the Applicable Trust, by
deleting the phrase "the Owner Trustees or the Owner Participants" in the second
sentence thereof and adding in lieu thereof " the Primary Liquidity Provider or
the Policy Provider".

                                   ARTICLE IV
                                     DEFAULT

            Section 4.01. PURCHASE RIGHTS OF CERTIFICATEHOLDERS. (a) At any time
after the occurrence and during the continuation of a Triggering Event, if the
Class G-1 Trustee is then the Controlling Party, each Applicable
Certificateholder (other than the Company or any of its Affiliates) shall have
the right to purchase, for the purchase price set forth in the Class G-1 Trust
Agreement, all, but not less than all, of the Class G-1 Certificates upon ten
days' written notice to the Class G-1 Trustee and each other Applicable
Certificateholder, PROVIDED that (i) if prior to the end of such ten-day period
any other Applicable Certificateholder (other than the Company or any of its
Affiliates) notifies such purchasing Applicable Certificateholder that such
other Applicable Certificateholder wants to participate in such purchase, then
such other Applicable Certificateholder (other than the Company or any of its
Affiliates) may join with the purchasing Applicable Certificateholder to
purchase all, but not less than all, of the Class G-1 Certificates pro rata
based on the Fractional Undivided Interest in the Applicable Trust held by each
such Applicable Certificateholder and (ii) if prior to the end of such ten-day
period any other Applicable Certificateholder fails to notify the purchasing
Applicable Certificateholder of such other Applicable Certificateholder's desire
to participate in such a purchase, then such other Applicable Certificateholder
shall lose its right to purchase the Class G-1 Certificates pursuant to this
Section 4.01(a).

<PAGE>

            (b) By acceptance of its Applicable Certificate, each Applicable
Certificateholder agrees that at any time after the occurrence and during the
continuation of a Triggering Event,

            (i) if the Trustee is then the Controlling Party, each Class G-1
      Certificateholder (other than the Company or any of its Affiliates) shall
      have the right to purchase all, but not less than all, of the Applicable
      Certificates upon ten days' written notice to the Trustee and each other
      Class G-1 Certificateholder, PROVIDED that (A) if prior to the end of such
      ten-day period any other Class G-1 Certificateholder (other than the
      Company or any of its Affiliates) notifies such purchasing Class G-1
      Certificateholder that such other Class G-1 Certificateholder wants to
      participate in such purchase, then such other Class G-1 Certificateholder
      (other than the Company or any of its Affiliates) may join with the
      purchasing Class G-1 Certificateholder to purchase all, but not less than
      all, of the Applicable Certificates pro rata based on the Fractional
      Undivided Interest in the Class G-1 Trust held by each such Class G-1
      Certificateholder and (B) if prior to the end of such ten-day period any
      other Class G-1 Certificateholder fails to notify the purchasing Class G-1
      Certificateholder of such other Class G-1 Certificateholder's desire to
      participate in such a purchase, then such other Class G-1
      Certificateholder shall lose its right to purchase the Applicable
      Certificates pursuant to this Section 4.01(b)(i);

            (ii) each Class H Certificateholder (other than the Company or any
      of its Affiliates) shall have the right (which shall not expire upon any
      purchase of the Applicable Certificates pursuant to clause (a) or (b)(i)
      above) to purchase all, but not less than all, of the Applicable
      Certificates and the Class G-1 Certificates upon ten days' written notice
      to the Trustee, the Class G-1 Trustee and each other Class H
      Certificateholder, PROVIDED that (A) if prior to the end of such ten-day
      period any other Class H Certificateholder (other than the Company or any
      of its Affiliates) notifies such purchasing Class H Certificateholder that
      such other Class H Certificateholder wants to participate in such
      purchase, then such other Class H Certificateholder (other than the
      Company or any of its Affiliates) may join with the purchasing Class H
      Certificateholder to purchase all, but not less than all, of the
      Applicable Certificates and the Class G-1 Certificates pro rata based on
      the Fractional Undivided Interest in the Class H Trust held by each such
      Class H Certificateholder and (B) if prior to the end of such ten-day
      period any other Class H Certificateholder fails to notify the purchasing
      Class H Certificateholder of such other Class H Certificateholder's desire
      to participate in such a purchase, then such other Class H
      Certificateholder shall lose its right to purchase the Applicable
      Certificates and the Class G-1 Certificates pursuant to this Section
      4.01(b)(ii);

            (iii) if Re-Issued Class H Certificates are issued, each Re-Issued
      Class H Certificateholder (other than the Company or any of its
      Affiliates) shall have the right (which shall not expire upon any purchase
      of the Applicable Certificates pursuant to clause (a), (b)(i) or (b)(ii)
      above) to purchase all, but not less than all, of the Applicable
      Certificates and the Class G-1 Certificates upon ten days' written notice
      to the Trustee, the Class G-1 Trustee and each other Re-Issued Class H
      Certificateholder, PROVIDED that (A) if prior to the end of such ten-day
      period any other Re-Issued Class H Certificateholder (other than the
      Company or any of its Affiliates) notifies such purchasing Re-Issued Class

<PAGE>

      H Certificateholder that such other Re-Issued Class H Certificateholder
      wants to participate in such purchase, then such other Re-Issued Class H
      Certificateholder (other than the Company or any of its Affiliates) may
      join with the purchasing Re-Issued Class H Certificateholder to purchase
      all, but not less than all, of the Applicable Certificates and the Class
      G-1 Certificates pro rata based on the Fractional Undivided Interest in
      the Re-Issued Class H Trust held by each such Re-Issued Class H
      Certificateholder and (B) if prior to the end of such ten-day period any
      other Re-Issued Class H Certificateholder fails to notify the purchasing
      Re-Issued Class H Certificateholder of such other Re-Issued Class H
      Certificateholder's desire to participate in such a purchase, then such
      other Re-Issued Class H Certificateholder shall lose its right to purchase
      the Applicable Certificates and the Class G-1 Certificates pursuant to
      this Section 4.01(b)(iii);

            (iv) each Class I Certificateholder (other than the Company or any
      of its Affiliates) shall have the right (which shall not expire upon any
      purchase of the Applicable Certificates pursuant to clause (a), (b)(i),
      (b)(ii) or (b)(iii) above) to purchase all, but not less than all, of the
      Applicable Certificates, the Class G-1 Certificates, the Class H
      Certificates (or, if issued, the Re-Issued Class H Certificates) upon ten
      days' written notice to the Trustee, the Class G-1 Trustee, the Class H
      Trustee (or, if any Re-Issued Class H Certificates have been issued, the
      Re-Issued Class H Trustee) and each other Class I Certificateholder,
      PROVIDED that (A) if prior to the end of such ten-day period any other
      Class I Certificateholder (other than the Company or any of its
      Affiliates) notifies such purchasing Class I Certificateholder that such
      other Class I Certificateholder wants to participate in such purchase,
      then such other Class I Certificateholder (other than the Company or any
      of its Affiliates) may join with the purchasing Class I Certificateholder
      to purchase all, but not less than all, of the Applicable Certificates,
      the Class G-1 Certificates, the Class H Certificates (or, if issued, the
      Re-Issued Class H Certificates) pro rata based on the Fractional Undivided
      Interest in the Class I Trust held by each such Class I Certificateholder
      and (B) if prior to the end of such ten-day period any other Class I
      Certificateholder fails to notify the purchasing Class I Certificateholder
      of such other Class I Certificateholder's desire to participate in such a
      purchase, then such other Class I Certificateholder shall lose its right
      to purchase the Applicable Certificates, the Class G-1 Certificates, the
      Class H Certificates (or, if issued, the Re-Issued Class H Certificates)
      pursuant to this Section 4.01(b)(iv); and

            (v) each Class J Certificateholder, other than the Company or any of
      its Affiliates, shall have the right (which shall not expire upon any
      purchase of the Applicable Certificates pursuant to clause (a), (b)(i),
      (b)(ii), (b)(iii) or (b)(iv) above) to purchase all, but not less than
      all, of the Applicable Certificates, the Class G-1 Certificates, the Class
      H Certificates (or, if issued, the Re-Issued Class H Certificates) and the
      Class I Certificates upon ten days' written notice to the Trustee, the
      Class G-1 Trustee, the Class H Trustee (or, if any Re-Issued Class H
      Certificates have been issued, the Re-Issued Class H Trustee), the Class I
      Trustee and each other Class J Certificateholder, PROVIDED that (A) if
      prior to the end of such ten-day period any other Class J
      Certificateholder (other than the Company or any of its Affiliates)

<PAGE>

      notifies such purchasing Class J Certificateholder that such other Class J
      Certificateholder wants to participate in such purchase, then such other
      Class J Certificateholder (other than the Company or any of its
      Affiliates) may join with the purchasing Class J Certificateholder to
      purchase all, but not less than all, of the Applicable Certificates, the
      Class G-1 Certificates, the Class H Certificates (or, if issued, the
      Re-Issued Class H Certificates) and the Class I Certificates pro rata
      based on the Fractional Undivided Interest in the Class J Trust held by
      each such Class J Certificateholder and (B) if prior to the end of such
      ten-day period any other Class J Certificateholder fails to notify the
      purchasing Class J Certificateholder of such other Class J
      Certificateholder's desire to participate in such a purchase, then such
      other Class J Certificateholder shall lose its right to purchase the
      Applicable Certificates, the Class G-1 Certificates, the Class H
      Certificates (or, if issued, the Re-Issued Class H Certificates) and the
      Class I Certificates pursuant to this Section 4.01(b)(v).

            (c) By acceptance of its Applicable Certificate, each Applicable
Certificateholder agrees that at any time after 180 days have elapsed since the
occurrence of a Triggering Event that is continuing, regardless of whether the
Applicable Certificateholders exercise their right to purchase the Class G-1
Certificates pursuant to Section 4.01(a), the Policy Provider, if it is then the
Controlling Party, shall have the right (except in the event of a Policy
Provider Default) to purchase all, but not less than all, of the Applicable
Certificates and the Class G-1 Certificates upon ten days' written notice to the
Trustee, the Class G-1 Trustee, the Applicable Certificateholders and the Class
G-1 Certificateholders.

            The purchase price with respect to the Applicable Certificates shall
be equal to the Pool Balance of the Applicable Certificates, together with
accrued and unpaid interest thereon to the date of such purchase, without
premium, but including any other amounts then due and payable to the Applicable
Certificateholders under the Agreement, the Intercreditor Agreement, the Escrow
Agreement or any Note Document or on or in respect of the Applicable
Certificates; PROVIDED, HOWEVER, that no such purchase of Applicable
Certificates shall be effective unless the purchaser(s) shall certify to the
Trustee that contemporaneously with such purchase, such purchaser(s) is (are)
purchasing, pursuant to the terms of the Agreement and the Other Agreements
(and, if any Re-Issued Class H Certificates have been issued, the pass through
trust agreement relating thereto), (A) in the case of any purchase of the
Applicable Certificates pursuant to clause (b)(i) above, all of the Applicable
Certificates, (B) in the case of any purchase of the Applicable Certificates
pursuant to clause (c) above, all of the Applicable Certificates and the Class
G-1 Certificates, or (C) in all other cases, the Applicable Certificates, the
Class G-1 Certificates, the Class H Certificates (or, if issued, the Re-Issued
Class H Certificates) and the Class I Certificates that are senior to the
securities held by such purchaser(s). Each payment of the purchase price of the
Applicable Certificates referred to in the first sentence hereof shall be made
to an account or accounts designated by the Trustee and each such purchase shall
be subject to the terms of this Section 4.01. Each Applicable Certificateholder
agrees by its acceptance of its Applicable Certificate that (at any time after
the occurrence and during the continuation of a Triggering Event) it will, upon
payment from such Class G-1 Certificateholder(s), Class H Certificateholder(s)
(or, if any Re-Issued Class H Certificates have been issued, Re-Issued Class H
Certificateholder(s)), Class I Certificateholder(s), Class J

<PAGE>

Certificateholder(s) or the Policy Provider, as the case may be, of the purchase
price set forth in the first sentence of this paragraph, (i) forthwith sell,
assign, transfer and convey to the purchaser(s) thereof (without recourse,
representation or warranty of any kind except for its own acts), all of the
right, title, interest and obligation of such Applicable Certificateholder in
the Agreement, the Escrow Agreement, the Deposit Agreement, the Intercreditor
Agreement, the Primary Liquidity Facility, the Policy, the NPA, the Note
Documents and all Applicable Certificates and Escrow Receipts held by such
Applicable Certificateholder (excluding all right, title and interest under any
of the foregoing to the extent such right, title or interest is with respect to
an obligation not then due and payable as respects any action or inaction or
state of affairs occurring prior to such sale) (and the purchaser shall assume
all of such Applicable Certificateholder's obligations under the Agreement, the
Escrow Agreement, the Deposit Agreement, the Intercreditor Agreement, the
Primary Liquidity Facility, the Policy, the NPA, the Note Documents and all such
Applicable Certificates and Escrow Receipts), (ii) if such purchase occurs after
a record date specified in Section 2.03 of the Escrow Agreement relating to the
distribution of unused Deposits and/or accrued and unpaid interest on Deposits
and prior to or on the related distribution date thereunder, forthwith turn over
to the purchaser(s) of its Applicable Certificate all amounts, if any, received
by it on account of such distribution, and (iii) if such purchase occurs after a
Record Date relating to any distribution and prior to or on the related
Distribution Date, forthwith turn over to the purchaser(s) of its Applicable
Certificate all amounts, if any, received by it on account of such distribution.
The Applicable Certificates will be deemed to be purchased on the date payment
of the purchase price is made notwithstanding the failure of the Applicable
Certificateholders to deliver any Applicable Certificates and, upon such a
purchase, (I) the only rights of the Applicable Certificateholders will be to
deliver the Applicable Certificates to the purchaser(s) and receive the purchase
price for such Applicable Certificates and (II) if the purchaser(s) shall so
request, such Applicable Certificateholder will comply with all the provisions
of Section 3.04 of the Basic Agreement to enable new Applicable Certificates to
be issued to the purchaser in such denominations as it shall request. All
charges and expenses in connection with the issuance of any such new Applicable
Certificates shall be borne by the purchaser thereof.

            As used in this Section 4.01 and elsewhere in this Trust Supplement,
the terms "Class G-1 Certificate", "Class G-1 Certificateholder", "Class G-1
Trust", "Class G-1 Trust Agreement", "Class G-1 Trustee", "Class H Certificate",
"Class H Certificateholder", "Class H Trust", "Class H Trustee", "Class I
Certificate", "Class I Certificateholder", "Class I Trust", "Class I Trustee",
"Class J Certificate", "Class J Certificateholder", "Class J Trust", "Re-Issued
Class H Certificate", "Re-Issued Class H Certificateholder", "Re-Issued Class H
Trust" and "Re-Issued Class H Trustee" shall have the respective meanings
assigned to such terms in the Intercreditor Agreement.

            (d) This Section 4.01 supersedes and replaces Section 6.01(b) of the
Basic Agreement, with respect to the Applicable Trust.

            Section 4.02. AMENDMENT OF SECTION 6.05 OF THE BASIC AGREEMENT.
Section 6.05 of the Basic Agreement shall be amended, with respect to the

<PAGE>

Applicable Trust, by deleting the phrase "and thereby annul any Direction given
by such Certificateholders or the Trustee to such Loan Trustee with respect
thereto," set forth in the first sentence thereof.

                                    ARTICLE V
                                   THE TRUSTEE

            Section 5.01. ACQUISITION OF TRUST PROPERTY. (a) The Trustee is
hereby irrevocably authorized and directed to execute and deliver the Assignment
and Assumption Agreement on the date specified in Section 7.01 of the Related
Pass Through Trust Supplement, subject only to the satisfaction of the
conditions set forth in said Section 7.01. The Agreement (except only for this
sentence and the immediately preceding sentence hereof, which are effective upon
execution and delivery hereof) shall become effective upon the execution and
delivery of the Assignment and Assumption Agreement by the Trustee and the
Related Trustee, automatically and without any further signature or action on
the part of the Company and the Trustee, and shall thereupon constitute the
legal, valid and binding obligation of the parties hereto enforceable against
each of the parties hereto in accordance with its terms. Upon such execution and
delivery of the Assignment and Assumption Agreement, the Related Trust shall be
terminated, the Applicable Certificateholders shall receive beneficial interests
in the Applicable Trust in exchange for their interests in the Related Trust
equal to their respective beneficial interests in the Related Trust and the
"Outstanding" (as defined in the Related Pass Through Trust Agreement) pass
through certificates representing fractional undivided interests in the Related
Trust shall be deemed for all purposes of the Agreement, without further
signature or action of any party or Certificateholder, to be Certificates
representing the same Fractional Undivided Interests in the Trust and Trust
Property. By acceptance of its Applicable Certificate, each Applicable
Certificateholder consents to and ratifies such assignment, transfer and
delivery of the trust property of the Related Trust to the Trustee upon the
execution and delivery of the Assignment and Assumption Agreement. The
provisions of this Section 5.01(a) supersede and replace the provisions of
Section 2.02 of the Basic Agreement with respect to the Applicable Trust, and
all provisions of the Basic Agreement relating to Postponed Notes or Section
2.02 of the Basic Agreement shall not apply to the Applicable Trust.

            (b) The Trustee, upon the execution and delivery of the Assignment
and Assumption Agreement, acknowledges its acceptance of all right, title and
interest in and to the Trust Property and declares that the Trustee holds and
will hold such right, title and interest for the benefit of all then present and
future Applicable Certificateholders, upon the trusts herein and in the Basic
Agreement set forth. By the acceptance of each Applicable Certificate issued to
it under the Related Pass Through Trust Agreement and deemed issued under the
Agreement, each Holder of any such Applicable Certificate as grantor of the
Applicable Trust thereby joins in the creation and declaration of the Applicable
Trust. The provisions of this Section 5.01(b) supersede and replace the
provisions of Section 2.03 of the Basic Agreement, with respect to the
Applicable Trust.

            Section 5.02. [Intentionally Omitted]

<PAGE>

            Section 5.03. THE TRUSTEE. (a) Subject to Section 5.04 of this Trust
Supplement and Section 7.15 of the Basic Agreement, the Trustee shall not be
responsible in any manner whatsoever for or in respect of the validity or
sufficiency of this Trust Supplement, the Deposit Agreement, the NPA or the
Escrow Agreement or the due execution hereof or thereof by the Company or the
other parties thereto (other than the Trustee), or for or in respect of the
recitals and statements contained herein or therein, all of which recitals and
statements are made solely by the Company, except that the Trustee hereby
represents and warrants that each of this Trust Supplement, the Basic Agreement,
each Applicable Certificate, the Intercreditor Agreement, the NPA and the Escrow
Agreement has been executed and delivered by one of its officers who is duly
authorized to execute and deliver such document on its behalf.

            (b) Except as herein otherwise provided and except during the
continuation of an Event of Default in respect of the Applicable Trust created
hereby, no duties, responsibilities or liabilities are assumed, or shall be
construed to be assumed, by the Trustee by reason of this Trust Supplement other
than as set forth in the Agreement, and this Trust Supplement is executed and
accepted on behalf of the Trustee, subject to all the terms and conditions set
forth in the Agreement, as fully to all intents as if the same were herein set
forth at length.

            Section 5.04. REPRESENTATIONS AND WARRANTIES OF THE TRUSTEE. The
Trustee hereby represents and warrants, on the Transfer Date, that:

            (a) the Trustee has full power, authority and legal right to receive
      the Trust Property assigned by the Related Trustee, assume the obligations
      under, and perform the Assignment and Assumption Agreement, this Trust
      Supplement, the Intercreditor Agreement, the Escrow Agreement, the NPA and
      the Note Documents to which it is a party and has taken all necessary
      action to authorize such receipt, assumption and performance by it of this
      Trust Supplement, the Intercreditor Agreement, the Escrow Agreement, the
      NPA and the Note Documents to which it is a party;

            (b) the receipt of the Trust Property under the Assignment and
      Assumption Agreement and the performance by the Trustee of the Assignment
      and Assumption Agreement, this Trust Supplement, the Intercreditor
      Agreement, the Escrow Agreement, the NPA and the Note Documents to which
      it is a party (i) will not violate any provision of any United States
      federal law or the law of the state of the United States where it is
      located governing the banking and trust powers of the Trustee or any
      order, writ, judgment, or decree of any court, arbitrator or governmental
      authority applicable to the Trustee or any of its assets, (ii) will not
      violate any provision of the articles of association or by-laws of the
      Trustee, and (iii) will not violate any provision of, or constitute, with
      or without notice or lapse of time, a default under, or result in the
      creation or imposition of any lien on any properties included in the Trust
      Property pursuant to the provisions of any mortgage, indenture, contract,
      agreement or other undertaking to which it is a party, which violation,
      default or lien could reasonably be expected to have an adverse effect on
      the Trustee's performance or ability to perform its duties hereunder or
      thereunder or on the transactions contemplated herein or therein;

<PAGE>

            (c) the receipt of the Trust Property under the Assignment and
      Assumption Agreement and the performance by the Trustee of the Assignment
      and Assumption Agreement, this Trust Supplement, the Intercreditor
      Agreement, the Escrow Agreement, the NPA and the Note Documents to which
      it is a party will not require the authorization, consent, or approval of,
      the giving of notice to, the filing or registration with, or the taking of
      any other action in respect of, any governmental authority or agency of
      the United States or the state of the United States where it is located
      regulating the banking and corporate trust activities of the Trustee; and

            (d) the Assignment and Assumption Agreement has been duly executed
      and delivered by the Trustee and this Trust Supplement, the Intercreditor
      Agreement, the Escrow Agreement, the NPA and the Note Documents to which
      it is a party have been, or will be, as applicable, duly executed and
      delivered by the Trustee and constitute, or will constitute, as
      applicable, the legal, valid and binding agreements of the Trustee,
      enforceable against it in accordance with their respective terms;
      PROVIDED, HOWEVER, that enforceability may be limited by (i) applicable
      bankruptcy, insolvency, reorganization, moratorium or similar laws
      affecting the rights of creditors generally and (ii) general principles of
      equity.

            Section 5.05. TRUSTEE LIENS. The Trustee in its individual capacity
agrees, in addition to the agreements contained in Section 7.17 of the Basic
Agreement, that it will at its own cost and expense promptly take any action as
may be necessary to duly discharge and satisfy in full any Trustee's Liens on or
with respect to the Trust Property which is attributable to the Trustee in its
individual capacity and which is unrelated to the transactions contemplated by
the Intercreditor Agreement or the NPA.

                                   ARTICLE VI
                  ADDITIONAL AMENDMENT; SUPPLEMENTAL AGREEMENTS

            Section 6.01. AMENDMENT OF SECTION 5.02 OF THE BASIC AGREEMENT.
Section 5.02 of the Basic Agreement shall be amended, with respect to the
Applicable Trust, by (i) replacing the phrase "of the Note Documents and of this
Agreement" set forth in paragraph (b) thereof with the phrase "of the Note
Documents, of the NPA and of this Agreement" and (ii) replacing the phrase "of
this Agreement and any Note Document" set forth in the last paragraph of Section
5.02 with the phrase "of this Agreement, the NPA and any Note Document".

            Section 6.02. SUPPLEMENTAL AGREEMENTS WITHOUT CONSENT OF APPLICABLE
CERTIFICATEHOLDERS. Without limitation of Section 9.01 of the Basic Agreement,
under the terms of, and subject to the limitations contained in, Section 9.01 of
the Basic Agreement, the Company may (but will not be required to), and the
Trustee (subject to Section 9.03 of the Basic Agreement) shall, at the Company's
request, at any time and from time to time, (i) enter into one or more
agreements supplemental to the Escrow Agreement, the NPA, the Deposit Agreement,
the Reference Agency Agreement, the Policy or the Policy Provider Agreement for
any of the purposes set forth in clauses (1) through (9) of such Section 9.01,
and (without limitation of the foregoing or Section 9.01 of the Basic Agreement)

<PAGE>

(a) the reference in the introductory paragraph of Section 9.01 of the Basic
Agreement to a "Liquidity Facility" shall be deemed to refer to "the Primary
Liquidity Facility", (b) clauses (2) and (3) of such Section 9.01 shall also be
deemed to include the Company's obligations under (in the case of clause (2)),
and the Company's rights and powers conferred by (in the case of clause (3)),
the NPA, the Reference Agency Agreement, the Policy or the Policy Provider
Agreement, and (c) references in clauses (4), (6) and (7) of such Section 9.01
to "any Intercreditor Agreement or any Liquidity Facility" shall also be deemed
to refer to "the Intercreditor Agreement, the Primary Liquidity Facility, the
Escrow Agreement, the Reference Agency Agreement, the NPA, the Deposit
Agreement, the Policy or the Policy Provider Agreement", (ii) enter into one or
more agreements supplemental to the Agreement, the Intercreditor Agreement, the
Reference Agency Agreement or the NPA to provide for the formation of the
Re-Issued Class H Trust, the issuance of the Re-Issued Class H Certificates, the
purchase by the Re-Issued Class H Trust of Equipment Notes and other matters
incidental thereto or otherwise contemplated by Section 2.01(b) of the Basic
Agreement; PROVIDED that (x) a Ratings Confirmation for the Applicable
Certificates and the Class G-1 Certificates shall have been obtained with
respect to such agreements and (y) the Company shall have certified to the
Trustee and to the Other Trustees that such agreements shall not materially and
adversely affect the Applicable Certificateholders or the Class G-1
Certificateholders and (iii) enter into one or more agreements supplemental to
the Agreement to provide for the formation of a Class J Trust, the issuance of
Class J Certificates, the purchase by the Class J Trust of Equipment Notes and
other matters incidental thereto or otherwise contemplated by Section 2.01(b) of
the Basic Agreement.

            Section 6.03. SUPPLEMENTAL AGREEMENTS WITH CONSENT OF APPLICABLE
CERTIFICATEHOLDERS. Without limitation of Section 9.02 of the Basic Agreement,
the provisions of Section 9.02 of the Basic Agreement shall apply to agreements
or amendments for the purpose of adding any provisions to or changing in any
manner or eliminating any of the provisions of the Escrow Agreement, the Deposit
Agreement, the Primary Liquidity Facility, the Reference Agency Agreement, the
NPA, the Policy or the Policy Provider Agreement or modifying in any manner the
rights and obligations of the Applicable Certificateholders under the Escrow
Agreement, the Deposit Agreement, the Primary Liquidity Facility, the Reference
Agency Agreement, the NPA, the Policy or the Policy Provider Agreement; PROVIDED
that the provisions of Section 9.02(1) of the Basic Agreement shall be deemed to
include reductions in any manner of, or delay in the timing of, any receipt by
the Applicable Certificateholders of payments upon the Deposits.

            Section 6.04. CONSENT OF HOLDERS OF CERTIFICATES ISSUED UNDER OTHER
TRUSTS. Notwithstanding any provision in Section 6.02 or Section 6.03 of this
Trust Supplement to the contrary, no amendment or modification of Section 4.01
of this Trust Supplement shall be effective unless the trustee for each Class of
Certificates affected by such amendment or modification shall have consented
thereto.

<PAGE>

                                   ARTICLE VII
                              TERMINATION OF TRUST

            Section 7.01. TERMINATION OF THE APPLICABLE TRUST. (a) The
respective obligations and responsibilities of the Company and the Trustee with
respect to the Applicable Trust shall terminate upon the distribution to all
Applicable Certificateholders and the Trustee of all amounts required to be
distributed to them pursuant to the Agreement and the disposition of all
property held as part of the Trust Property; PROVIDED, HOWEVER, that in no event
shall the Applicable Trust continue beyond one hundred ten (110) years following
the date of the execution of this Trust Supplement.

            Notice of any termination, specifying the Distribution Date upon
which the Applicable Certificateholders may surrender their Applicable
Certificates to the Trustee for payment of the final distribution and
cancellation, shall be mailed promptly by the Trustee to Applicable
Certificateholders not earlier than the 60th day and not later than the 15th day
next preceding such final Distribution Date specifying (A) the Distribution Date
upon which the proposed final payment of the Applicable Certificates will be
made upon presentation and surrender of Applicable Certificates at the office or
agency of the Trustee therein specified, (B) the amount of any such proposed
final payment, and (C) that the Record Date otherwise applicable to such
Distribution Date is not applicable, payments being made only upon presentation
and surrender of the Applicable Certificates at the office or agency of the
Trustee therein specified. The Trustee shall give such notice to the Registrar
at the time such notice is given to Applicable Certificateholders. Upon
presentation and surrender of the Applicable Certificates in accordance with
such notice, the Trustee shall cause to be distributed to Applicable
Certificateholders such final payments.

            In the event that all of the Applicable Certificateholders shall not
surrender their Applicable Certificates for cancellation within six months after
the date specified in the above-mentioned written notice, the Trustee shall give
a second written notice to the remaining Applicable Certificateholders to
surrender their Applicable Certificates for cancellation and receive the final
distribution with respect thereto. No additional interest shall accrue on the
Applicable Certificates after the Distribution Date specified in the first
written notice. In the event that any money held by the Trustee for the payment
of distributions on the Applicable Certificates shall remain unclaimed for two
years (or such lesser time as the Trustee shall be satisfied, after sixty days'
notice from the Company, is one month prior to the escheat period provided under
applicable law) after the final distribution date with respect thereto, the
Trustee shall pay to each Loan Trustee the appropriate amount of money relating
to such Loan Trustee and shall give written notice thereof to the Company.

            (b) The provisions of this Section 7.01 supersede and replace the
provisions of Section 11.01 of the Basic Agreement in its entirety, with respect
to the Applicable Trust.

<PAGE>

                                  ARTICLE VIII
                            MISCELLANEOUS PROVISIONS

            Section 8.01. BASIC AGREEMENT RATIFIED. Except and so far as herein
expressly provided, all of the provisions, terms and conditions of the Basic
Agreement are in all respects ratified and confirmed; and the Basic Agreement
and this Trust Supplement shall be taken, read and construed as one and the same
instrument. All replacements of provisions of, and other modifications of the
Basic Agreement set forth in this Trust Supplement are solely with respect to
the Applicable Trust.

            Section 8.02. GOVERNING LAW. THE AGREEMENT AND THE APPLICABLE
CERTIFICATES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF
THE STATE OF NEW YORK. THIS SECTION 8.02 SUPERSEDES AND REPLACES SECTION 12.05
OF THE BASIC AGREEMENT, with respect to the Applicable Trust.

            Section 8.03. EXECUTION IN COUNTERPARTS. This Trust Supplement may
be executed in any number of counterparts, each of which shall be an original,
but such counterparts shall together constitute but one and the same instrument.

            Section 8.04. INTENTION OF PARTIES. The parties hereto intend that
the Applicable Trust be classified for U.S. federal income tax purposes as a
grantor trust under Subpart E, Part I of Subchapter J of the Internal Revenue
Code of 1986, as amended, and not as a trust or association taxable as a
corporation or as a partnership. Each Applicable Certificateholder and Investor,
by its acceptance of its Applicable Certificate or a beneficial interest
therein, agrees to treat the Applicable Trust as a grantor trust for all U.S.
federal, state and local income tax purposes. The powers granted and obligations
undertaken pursuant to the Agreement shall be so construed so as to further such
intent.

<PAGE>

            IN WITNESS WHEREOF, the Company and the Trustee have caused this
Trust Supplement to be duly executed by their respective officers thereto duly
authorized, as of the day and year first written above.

                                      CONTINENTAL AIRLINES, INC.

                                      By:
                                         ---------------------------------------
                                         Name:
                                         Title:

                                      WILMINGTON TRUST COMPANY,
                                         as Trustee

                                      By:
                                         ---------------------------------------
                                         Name:
                                         Title:================================================================================

                           REVOLVING CREDIT AGREEMENT
                                   (2002-1G-1)

                           DATED AS OF MARCH 25, 2002

                                     BETWEEN

                            WILMINGTON TRUST COMPANY,

                             AS SUBORDINATION AGENT,
                          AS AGENT AND TRUSTEE FOR THE
                CONTINENTAL AIRLINES PASS THROUGH TRUST 2002-1G-1

                                   AS BORROWER

                                       AND

                    LANDESBANK HESSEN-THURINGEN GIROZENTRALE

                          AS PRIMARY LIQUIDITY PROVIDER

================================================================================

                                   RELATING TO

                CONTINENTAL AIRLINES PASS THROUGH TRUST 2002-1G-1
    USD 3-MONTH LIBOR + 0.45% CONTINENTAL AIRLINES PASS THROUGH CERTIFICATES,
                                SERIES 2002-1G-1

<PAGE>

                                TABLE OF CONTENTS

                                                                            PAGE

ARTICLE I  DEFINITIONS ........................................................1
     Section 1.01.  Certain Defined Terms......................................1

ARTICLE II  AMOUNT AND TERMS OF THE COMMITMENT.................................8
     Section 2.01.  the Advances...............................................8
     Section 2.02.  Making the Advances........................................8
     Section 2.03.  Fees......................................................10
     Section 2.04.  Adjustments or Termination of the Maximum Commitment......10
     Section 2.05.  Repayments of Interest Advances or the Final Advance......10
     Section 2.06.  Repayments of Provider Advances...........................11
     Section 2.07.  Payments to the Primary Liquidity Provider Under
                    the Intercreditor Agreement ..............................12
     Section 2.08.  Book Entries..............................................12
     Section 2.09.  Payments From Available Funds Only........................12
     Section 2.10.  Extension of the Expiry Date; Non-extension Advance.......13
     Section 2.11.  Right to Further Extend Expiry Date.......................13

ARTICLE III  OBLIGATIONS OF THE BORROWER......................................13
     Section 3.01.  Increased Costs...........................................13
     Section 3.02.  Capital Adequacy..........................................14
     Section 3.03.  Payments Free of Deductions...............................15
     Section 3.04.  Payments..................................................16
     Section 3.05.  Computations..............................................16
     Section 3.06.  Payment On Non-business Days..............................17
     Section 3.07.  Interest..................................................17
     Section 3.08.  Replacement of Borrower...................................18
     Section 3.09.  Funding Loss Indemnification..............................18
     Section 3.10.  Illegality................................................19

ARTICLE IV  CONDITIONS PRECEDENT..............................................19
     Section 4.01.  Conditions Precedent to Effectiveness of Section 2.01.....19
     Section 4.02.  Conditions Precedent to Borrowing.........................21

ARTICLE V  COVENANTS..........................................................21
     Section 5.01.  Affirmative Covenants of the Borrower.....................21
     Section 5.02.  Negative Covenants of the Borrower........................22

ARTICLE VI  LIQUIDITY EVENTS OF DEFAULT.......................................22
     Section 6.01.  Liquidity Events of Default...............................22

ARTICLE VII  MISCELLANEOUS....................................................23
     Section 7.01.  Amendments, Etc...........................................23

<PAGE>

                                                                            PAGE

     Section 7.02.  Notices, Etc..............................................23
     Section 7.03.  No Waiver; Remedies.......................................24
     Section 7.04.  Further Assurances........................................24
     Section 7.05.  Indemnification; Survival of Certain Provisions...........24
     Section 7.06.  Liability of the Primary Liquidity Provider...............24
     Section 7.07.  Costs, Expenses and Taxes.................................25
     Section 7.08.  Binding Effect; Participations............................25
     Section 7.09.  Third Party Beneficiary...................................27
     Section 7.10.  Severability..............................................27
     Section 7.11.  GOVERNING LAW.............................................27
     Section 7.12.  Submission to Jurisdiction; Waiver of Jury Trial;
                    Waiver of Immunity .......................................27
     Section 7.13.  Execution in Counterparts.................................28
     Section 7.14.  Entirety..................................................28
     Section 7.15.  Headings..................................................28
     Section 7.16.  Transfer..................................................28
     Section 7.17.  PRIMARY LIQUIDITY PROVIDER'S OBLIGATION TO MAKE ADVANCES..28

ANNEX I                 Interest Advance Notice of Borrowing

ANNEX II                Non-Extension Advance Notice of Borrowing

ANNEX III               Downgrade Advance Notice of Borrowing

ANNEX IV                Final Advance Notice of Borrowing

ANNEX V                 Notice of Termination

ANNEX VI                Notice of Replacement Subordination Agent

Schedule 1              Capped LIBOR

<PAGE>

                     REVOLVING CREDIT AGREEMENT (2002-1G-1)

            This REVOLVING CREDIT AGREEMENT (2002-1G-1) dated as of March
25, 2002, between WILMINGTON TRUST COMPANY, a Delaware corporation, not in its
individual capacity but solely as Subordination Agent under the Intercreditor
Agreement (each as defined below), as agent and trustee for the Class G-1 Trust
(as defined below) (the "BORROWER"), and LANDESBANK HESSEN-THURINGEN
GIROZENTRALE, a public-law banking institution organized under the laws of
Germany (the "PRIMARY LIQUIDITY PROVIDER").

                              W I T N E S S E T H:
                              - - - - - - - - - -

            WHEREAS, pursuant to the Class G-1 Trust Agreement (such term and
all other capitalized terms used in these recitals having the meanings set forth
or referred to in Section 1.01), the Class G-1 Trust is issuing the Class G-1
Certificates; and

            WHEREAS, the Borrower, in order to support the timely payment of a
portion of the interest on the Class G-1 Certificates in accordance with their
terms, has requested the Primary Liquidity Provider to enter into this
Agreement, providing in part for the Borrower to request in specified
circumstances that Advances be made hereunder.

            NOW, THEREFORE, in consideration of the premises, the parties hereto
agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

            Section 1.01. Certain Defined Terms. (a) DEFINITIONS. As used in
this Agreement and unless otherwise expressly indicated, or unless the context
clearly requires otherwise, the following capitalized terms shall have the
following respective meanings for all purposes of this Agreement:

            "ADDITIONAL COST" has the meaning assigned to such term in Section
      3.01.

            "ADVANCE" means an Interest Advance, a Final Advance, a Provider
      Advance or an Applied Provider Advance, as the case may be.

            "APPLICABLE LIQUIDITY RATE" has the meaning assigned to such term in
      Section 3.07(g).

            "APPLICABLE MARGIN" means (x) with respect to any Unpaid Advance or
      Applied Provider Advance, 1.50% per annum, or (y) with respect to any
      Unapplied Provider Advance, the rate per annum specified in the Fee
      Letter.

<PAGE>

            "APPLIED DOWNGRADE ADVANCE" has the meaning assigned to such term in
      Section 2.06(a).

            "APPLIED NON-EXTENSION ADVANCE" has the meaning assigned to such
      term in Section 2.06(a).

            "APPLIED PROVIDER ADVANCE" has the meaning assigned to such term in
      Section 2.06(a).

            "ASSIGNMENT AND ASSUMPTION AGREEMENT" means the Assignment and
      Assumption Agreement to be entered into between the Borrower and the
      trustee of the Successor Trust, substantially in the form of Exhibit C to
      the Trust Supplement No. 2002-1G-1-O, dated as of the date hereof,
      relating to the Class G-1 Trust.

            "BASE RATE" means a fluctuating interest rate per annum in effect
      from time to time, which rate per annum shall at all times be equal to (a)
      the weighted average of the rates on overnight Federal funds transactions
      with members of the Federal Reserve System arranged by Federal funds
      brokers, as published for such day (or, if such day is not a Business Day,
      for the next preceding Business Day) by the Federal Reserve Bank of New
      York, or if such rate is not so published for any day that is a Business
      Day, the average of the quotations for such day for such transactions
      received by the Primary Liquidity Provider from three Federal funds
      brokers of recognized standing selected by it, plus (b) one-quarter of one
      percent (1/4 of 1%).

            "BASE RATE ADVANCE" means an Advance that bears interest at a rate
      based upon the Base Rate.

            "BORROWER" has the meaning assigned to such term in the recital of
      parties to this Agreement.

            "BORROWING" means the making of Advances requested by delivery of a
      Notice of Borrowing.

            "BUSINESS DAY" means any day other than a Saturday or Sunday or a
      day on which commercial banks are required or authorized to close in
      Houston, Texas, New York, New York or, so long as any Class G-1
      Certificate is outstanding, the city and state in which the Class G-1
      Trustee, the Borrower or any Loan Trustee maintains its Corporate Trust
      Office or receives or disburses funds, and, if the applicable Business Day
      relates to any Advance or other amount bearing interest based on the LIBOR
      Rate, on which dealings are carried on in the London interbank market.

            "CAPPED INTEREST RATE" means, at any time, Capped LIBOR at such time
      plus 0.45% per annum.

            "CAPPED LIBOR" means, at any time, the rate per annum applicable at
      such time as set forth in Schedule 1 hereto.

            "CONSENT PERIOD" has the meaning specified in Section 2.10.

<PAGE>

            "DEPOSIT AGREEMENT" means the Deposit Agreement dated as of the date
      hereof between Wells Fargo Bank Northwest, National Association, as Escrow
      Agent, and Credit Suisse First Boston, New York Branch, as Depositary,
      pertaining to the Class G-1 Certificates, as the same may be amended,
      modified or supplemented from time to time in accordance with the terms
      thereof.

            "DEPOSITARY" has the meaning assigned to such term in the Deposit
      Agreement.

            "DEPOSITS" has the meaning assigned to such term in the Deposit
      Agreement.

            "DOWNGRADE ADVANCE" means an Advance made pursuant to Section
      2.02(c).

            "DOWNGRADE EVENT" means a downgrading of the Primary Liquidity
      Provider's short-term unsecured debt rating or issuer credit rating (as
      applicable) issued by either Rating Agency below the applicable Threshold
      Rating unless each Rating Agency shall have confirmed in writing on or
      prior to the date of such downgrading that such downgrading will not
      result in the downgrading, withdrawal or suspension of the ratings of the
      Class G-1 Certificates (without regard to the Policies), in which case,
      such downgrading of the Primary Liquidity Provider's short-term unsecured
      debt rating or issuer credit rating (as applicable) shall not constitute a
      Downgrade Event and shall be referred to herein as a "HELABA DOWNGRADE".

            "EFFECTIVE DATE" has the meaning specified in Section 4.01. The
      delivery of the certificate of the Primary Liquidity Provider contemplated
      by Section 4.01(e) shall be conclusive evidence that the Effective Date
      has occurred.

            "EXCLUDED TAXES" means (i) taxes imposed on the overall net income
      of the Primary Liquidity Provider or of its Facility Office by the
      jurisdiction where such Primary Liquidity Provider's principal office or
      such Facility Office is located, and (ii) Excluded Withholding Taxes.

            "EXCLUDED WITHHOLDING TAXES" means (i) withholding Taxes imposed by
      the United States except to the extent that such United States withholding
      Taxes are imposed or increased as a result of any change in applicable law
      (excluding from change in applicable law for this purpose a change in an
      applicable treaty or other change in law affecting the applicability of a
      treaty) after the date hereof, or in the case of a successor Primary
      Liquidity Provider (including a transferee of an Advance) or Facility
      Office, after the date on which such successor Primary Liquidity Provider
      obtains its interest or on which the Facility Office is changed, and (ii)
      any withholding Taxes imposed by the United States which are imposed or
      increased as a result of the Primary Liquidity Provider failing to deliver
      to the Borrower any certificate or document (which certificate or document
      in the good faith judgment of the Primary Liquidity Provider it is legally
      entitled to provide) which is reasonably requested by the Borrower to
      establish that payments under this Agreement are exempt from (or entitled
      to a reduced rate of) withholding Tax.

            "EXPENSES" means liabilities, obligations, damages, settlements,
      penalties, claims, actions, suits, costs, expenses, and disbursements

<PAGE>

      (including, without limitation, reasonable fees and disbursements of legal
      counsel and costs of investigation), provided that Expenses shall not
      include any Taxes.

            "EXPIRY DATE" means March 23, 2003, initially, or any date to which
      the Expiry Date is extended pursuant to Section 2.10 or 2.11.

            "EXTENSION EFFECTIVE DATE" has the meaning assigned to such term in
      Section 2.11.

            "FACILITY OFFICE" means the office of the Primary Liquidity Provider
      presently located at Frankfurt, Germany, or such other office as the
      Primary Liquidity Provider from time to time shall notify the Borrower as
      its Facility Office hereunder; provided that the Primary Liquidity
      Provider shall not change its Facility Office to another Facility Office
      outside the United States of America except in accordance with Section
      3.01, 3.02 or 3.03 hereof.

            "FINAL ADVANCE" means an Advance made pursuant to Section 2.02(d).

            "GAAP" means generally accepted accounting principles as set forth
      in the statements of financial accounting standards issued by the
      Financial Accounting Standards Board of the American Institute of
      Certified Public Accountants, as such principles may at any time or from
      time to time be varied by any applicable financial accounting rules or
      regulations issued by the Securities and Exchange Commission and, with
      respect to any person, shall mean such principles applied on a basis
      consistent with prior periods except as may be disclosed in such person's
      financial statements.

            "HELABA DOWNGRADE" has the meaning assigned to such term in the
      definition of "Downgrade Event".

            "INTERCREDITOR AGREEMENT" means the Intercreditor Agreement dated as
      of the date hereof among the Trustees, the Primary Liquidity Provider, the
      liquidity provider under the other Primary Liquidity Facility, the Class
      G-1 Above-Cap Liquidity Provider, the Policy Provider and the
      Subordination Agent, as the same may be amended, supplemented or otherwise
      modified from time to time in accordance with its terms.

            "INTEREST ADVANCE" means an Advance made pursuant to Section
      2.02(a).

            "INTEREST PERIOD" means, with respect to any LIBOR Advance, each of
      the following periods:

            (i)   the period beginning on the third Business Day following
                  either (x) the Primary Liquidity Provider's receipt of the
                  Notice of Borrowing for such LIBOR Advance or (y) the
                  withdrawal of funds from the Class G-1 Cash Collateral Account
                  for the purpose of paying interest on the Class G-1
                  Certificates as contemplated by Section 2.06(a) hereof and, in
                  either case, ending on the next Regular Distribution Date; and

<PAGE>

            (ii)  each subsequent period commencing on the last day of the
                  immediately preceding Interest Period and ending on the next
                  Regular Distribution Date;

      PROVIDED, HOWEVER, that if (x) the Final Advance shall have been made, or
      (y) other outstanding Advances shall have been converted into the Final
      Advance, then the Interest Periods shall be successive periods of one
      month beginning on the third Business Day following the Primary Liquidity
      Provider's receipt of the Notice of Borrowing for such Final Advance (in
      the case of clause (x) above) or the Regular Distribution Date following
      such conversion (in the case of clause (y) above).

            "LIBOR ADVANCE" means an Advance bearing interest at a rate based
      upon the LIBOR Rate.

            "LIBOR RATE" means, with respect to any Interest Period,

            (i)   the rate per annum appearing on display page 3750 (British
                  Bankers Association-LIBOR) of the Dow Jones Markets Service
                  (or any successor or substitute therefor) at approximately
                  11:00 A.M. (London time) two Business Days before the first
                  day of such Interest Period, as the rate for dollar deposits
                  with a maturity comparable to such Interest Period, or

            (ii)  if the rate calculated pursuant to clause (i) above is not
                  available, the average (rounded upwards, if necessary, to the
                  next 1/16 of 1%) of the rates per annum at which deposits in
                  dollars are offered for the relevant Interest Period by three
                  banks of recognized standing selected by the Primary Liquidity
                  Provider in the London interbank market at approximately 11:00
                  A.M. (London time) two Business Days before the first day of
                  such Interest Period in an amount approximately equal to the
                  principal amount of the LIBOR Advance to which such Interest
                  Period is to apply and for a period comparable to such
                  Interest Period.

            "LIQUIDITY EVENT OF DEFAULT" means the occurrence of either (a) the
      Acceleration of all of the Equipment Notes (PROVIDED that, with respect to
      the period prior to the Delivery Period Expiry Date, such Equipment Notes
      have an aggregate outstanding principal balance in excess of $140,000,000)
      or (b) a Continental Bankruptcy Event.

            "LIQUIDITY INDEMNITEE" means (i) the Primary Liquidity Provider,
      (ii) the directors, officers, employees and agents of the Primary
      Liquidity Provider, and (iii) the successors and permitted assigns of the
      persons described in clauses (i) and (ii), inclusive.

            "MAXIMUM AVAILABLE COMMITMENT" shall mean, subject to the proviso
      contained in the third sentence of Section 2.02(a), at any time of
      determination, (a) the Maximum Commitment at such time LESS (b) the
      aggregate amount of each Interest Advance outstanding at such time;
      PROVIDED that following a Provider Advance or a Final Advance, the Maximum
      Available Commitment shall be zero; PROVIDED, FURTHER, that the Maximum
      Available Commitment for purposes of calculating the amount of any
      Provider Advance or Final Advance shall be (a) the then Required Amount

<PAGE>

      (calculated for purposes of this proviso on the basis of Capped LIBOR of
      15.00% per annum) LESS (b) the aggregate amount of each Interest Advance
      outstanding at such time.

            "MAXIMUM COMMITMENT" means initially $15,677,610.75 as the same may
      be increased or reduced from time to time in accordance with Section
      2.04(a).

            "NON-EXCLUDED TAX" has the meaning specified in Section 3.03.

            "NON-EXTENSION ADVANCE" means an Advance made pursuant to Section
      2.02(b).

            "NOTICE OF BORROWING" has the meaning specified in Section 2.02(e).

            "NOTICE OF REPLACEMENT SUBORDINATION AGENT" has the meaning
      specified in Section 3.08.

            "PERFORMING NOTE DEFICIENCY" means any time that less than 65% of
      the then aggregate outstanding principal amount of all Equipment Notes
      (other than any "Series J Equipment Notes" under and as defined in any
      Indenture) are Performing Equipment Notes.

            "PRIMARY LIQUIDITY PROVIDER" has the meaning assigned to such term
      in the recital of parties to this Agreement.

            "PROSPECTUS SUPPLEMENT" means the final Prospectus Supplement dated
      March 11, 2002 relating to the Class G-1 Certificates and the Class G-2
      Certificates, as such Prospectus Supplement may be amended or
      supplemented.

            "PROVIDER ADVANCE" means a Downgrade Advance or a Non-Extension
      Advance.

            "REGULATORY CHANGE" has the meaning assigned to such term in Section
      3.01.

            "REPLENISHMENT AMOUNT" has the meaning assigned to such term in
      Section 2.06(b).

            "REQUIRED AMOUNT" means, for any day, the sum of the aggregate
      amount of interest, calculated at the rate per annum equal to the
      applicable Capped Interest Rate for the Class G-1 Certificates, that would
      be payable on the Class G-1 Certificates on each of the six successive
      quarterly Regular Distribution Dates immediately following such day or, if
      such day is a Regular Distribution Date, on such day and the succeeding
      five quarterly Regular Distribution Dates, in each case calculated on the
      basis of the Pool Balance of the Class G-1 Certificates on such day and
      without regard to expected future payments of principal on the Class G-1
      Certificates. Notwithstanding the above, in the event of any Policy
      Provider Election, for purposes of the definition of the Required Amount
      the Pool Balance shall be deemed to be reduced by the amount by which (a)
      the then outstanding principal balance of each Series G-1 Equipment Note
      in respect of which such Policy Provider Election has been made shall
      exceed (b) the amount of any Policy Drawings previously paid by the Policy
      Provider in respect of principal on such Series G-1 Equipment Note.

<PAGE>

            "SUCCESSOR TRUST" means Continental Airlines Pass Through Trust
      2002-1G-1-S.

            "TAX LETTER" means the letter dated the date hereof between the
      Liquidity Provider and Continental pertaining to this Agreement.

            "TERMINATION DATE" means the earliest to occur of the following: (i)
      the Expiry Date; (ii) the date on which the Borrower delivers to the
      Primary Liquidity Provider a certificate, signed by a Responsible Officer
      of the Borrower, certifying that all of the Class G-1 Certificates have
      been paid in full (or provision has been made for such payment in
      accordance with the Intercreditor Agreement and the Trust Agreements) or
      are otherwise no longer entitled to the benefits of this Agreement; (iii)
      the date on which the Borrower delivers to the Primary Liquidity Provider
      a certificate, signed by a Responsible Officer of the Borrower, certifying
      that a Replacement Primary Liquidity Facility has been substituted for
      this Agreement in full pursuant to Section 3.6(e) of the Intercreditor
      Agreement; (iv) the fifth Business Day following the receipt by the
      Borrower of a Termination Notice from the Primary Liquidity Provider
      pursuant to Section 6.01 hereof; and (v) the date on which no Advance is
      or may (including by reason of reinstatement as herein provided) become
      available for a Borrowing hereunder.

            "TERMINATION NOTICE" means the Notice of Termination substantially
      in the form of Annex V to this Agreement.

            "TRANSFEREE" has the meaning assigned to such term in Section
      7.08(b).

            "UNAPPLIED DOWNGRADE ADVANCE" means any Downgrade Advance other than
      an Applied Downgrade Advance.

            "UNAPPLIED NON-EXTENSION ADVANCE" means any Non-Extension Advance
      other than an Applied Non-Extension Advance.

            "UNAPPLIED PROVIDER ADVANCE" means any Provider Advance other than
      an Applied Provider Advance.

            "UNPAID ADVANCE" has the meaning assigned to such term in Section
      2.05.

            (b) TERMS DEFINED IN THE INTERCREDITOR AGREEMENT. For all purposes
of this Agreement, the following terms shall have the respective meanings
assigned to such terms in the Intercreditor Agreement:

      "ACCELERATION", "AIRCRAFT", "CERTIFICATES", "CLASS G-1 ABOVE-CAP LIQUIDITY
      PROVIDER", "CLASS G-1 CASH COLLATERAL ACCOUNT", "CLASS G-1
      CERTIFICATEHOLDERS", "CLASS G-1 CERTIFICATES", "CLASS G-1 TRUST", "CLASS
      G-1 TRUST AGREEMENT", "CLASS G-1 TRUSTEE", "CLASS G-2 CERTIFICATES",
      "CLASS H CERTIFICATES", "CLASS I CERTIFICATES", "CLASS J CERTIFICATES",
      "CLOSING DATE", "CONTINENTAL", "CONTINENTAL BANKRUPTCY EVENT",
      "CONTROLLING PARTY", "CORPORATE TRUST OFFICE", "DELIVERY PERIOD EXPIRY
      DATE", "DISTRIBUTION DATE", "DOWNGRADED FACILITY", "EQUIPMENT NOTES", "FEE
      LETTER", "FINAL LEGAL DISTRIBUTION DATE", "FINANCING AGREEMENT",
      "INDENTURE", "INVESTMENT EARNINGS", "LIQUIDITY FACILITY", "LIQUIDITY
      OBLIGATIONS", "LOAN TRUSTEE", "MOODY'S", "NON-EXTENDED FACILITY", "NOTE

<PAGE>

      PURCHASE AGREEMENT", "OPERATIVE AGREEMENTS", "PARTICIPATION AGREEMENT",
      "PERFORMING EQUIPMENT NOTE", "PERSON", "POLICY", "POLICY DRAWINGS",
      "POLICY PROVIDER", "POLICY PROVIDER ELECTION", "POOL BALANCE", "PRIMARY
      LIQUIDITY FACILITY", "RATING AGENCY", "RATINGS CONFIRMATION", "REGULAR
      DISTRIBUTION DATE", "REPLACEMENT LIQUIDITY FACILITY", "RESPONSIBLE
      OFFICER", "SCHEDULED PAYMENT", "SPECIAL PAYMENT", "STANDARD & POOR'S",
      "STATED INTEREST RATE", "SUBORDINATION AGENT", "TAXES", "THRESHOLD
      RATING", "TRANSFER", "TRUST AGREEMENTS", "TRUSTEE", "UNDERWRITERS",
      "UNDERWRITING AGREEMENT", and "WRITTEN NOTICE".

                                   ARTICLE II

                       AMOUNT AND TERMS OF THE COMMITMENT

            Section 2.01. THE ADVANCES. The Primary Liquidity Provider hereby
irrevocably agrees, on the terms and conditions hereinafter set forth, to make
Advances to the Borrower from time to time on any Business Day during the period
from the Effective Date until 1:00 p.m. (New York City time) on the Expiry Date
(unless the obligations of the Primary Liquidity Provider shall be earlier
terminated in accordance with the terms of Section 2.04(b)) in an aggregate
amount at any time outstanding not to exceed the Maximum Commitment.

            Section 2.02. MAKING THE ADVANCES. (a) Interest Advances shall be
made in one or more Borrowings by delivery to the Primary Liquidity Provider of
one or more written and completed Notices of Borrowing in substantially the form
of Annex I attached hereto, signed by a Responsible Officer of the Borrower, in
an amount not exceeding the Maximum Available Commitment at such time and shall
be used solely for the payment when due of interest on the Class G-1
Certificates at the Stated Interest Rate for the applicable Interest Period in
accordance with Section 3.6(a) of the Intercreditor Agreement. Each Interest
Advance made hereunder shall automatically reduce the Maximum Available
Commitment and the amount available to be borrowed hereunder by subsequent
Advances by the amount of such Interest Advance (subject to reinstatement as
provided in the next sentence). Upon repayment to the Primary Liquidity Provider
in full of the amount of any Interest Advance made pursuant to this Section
2.02(a), together with accrued interest thereon (as provided herein), the
Maximum Available Commitment shall be reinstated by the amount of such repaid
Interest Advance, but not to exceed the Maximum Commitment; PROVIDED, HOWEVER,
that the Maximum Available Commitment shall not be so reinstated at any time if
(i) a Liquidity Event of Default shall have occurred and be continuing and (ii)
there is a Performing Note Deficiency.

            (b) A Non-Extension Advance shall be made in a single Borrowing if
this Agreement is not extended in accordance with Section 3.6(d) of the
Intercreditor Agreement (unless a Replacement Primary Liquidity Facility to
replace this Agreement shall have been delivered to the Borrower as contemplated
by said Section 3.6(d) within the time period specified in such Section) by
delivery to the Primary Liquidity Provider of a written and completed Notice of
Borrowing in substantially the form of Annex II attached hereto, signed by a
Responsible Officer of the Borrower, in an amount equal to the Maximum Available
Commitment at such time, and shall be used to fund the Class G-1 Cash Collateral
Account in accordance with said Section 3.6(d) and Section 3.6(f) of the
Intercreditor Agreement.

<PAGE>

            (c) A Downgrade Advance shall be made in a single Borrowing upon the
occurrence of a Downgrade Event (as provided for in Section 3.6(c) of the
Intercreditor Agreement) unless a Replacement Primary Liquidity Facility to
replace this Agreement shall have been previously delivered to the Borrower in
accordance with said Section 3.6(c), by delivery to the Primary Liquidity
Provider of a written and completed Notice of Borrowing in substantially the
form of Annex III attached hereto, signed by a Responsible Officer of the
Borrower, in an amount equal to the Maximum Available Commitment at such time,
and shall be used to fund the Class G-1 Cash Collateral Account in accordance
with said Section 3.6(c) and Section 3.6(f) of the Intercreditor Agreement. Upon
the occurrence of a Downgrade Event, the Liquidity Provider shall promptly
deliver notice thereof to the Borrower, the Class G-1 Trustee, Continental and
the Policy Provider.

            (d) A Final Advance shall be made in a single Borrowing upon
the receipt by the Borrower of a Termination Notice from the Primary Liquidity
Provider pursuant to Section 6.01 hereof by delivery to the Primary Liquidity
Provider of a written and completed Notice of Borrowing in substantially the
form of Annex IV attached hereto, signed by a Responsible Officer of the
Borrower, in an amount equal to the Maximum Available Commitment at such time,
and shall be used to fund the Class G-1 Cash Collateral Account (in accordance
with Sections 3.6(f) and 3.6(i) of the Intercreditor Agreement).

            (e) Each Borrowing shall be made on notice in writing (a "NOTICE OF
BORROWING") in substantially the form required by Section 2.02(a), 2.02(b),
2.02(c) or 2.02(d), as the case may be, given by the Borrower to the Primary
Liquidity Provider. If a Notice of Borrowing is delivered by the Borrower in
respect of any Borrowing no later than 1:00 p.m. (New York City time) on a
Business Day, upon satisfaction of the conditions precedent set forth in Section
4.02 with respect to a requested Borrowing, the Primary Liquidity Provider shall
make available to the Borrower, in accordance with its payment instructions, the
amount of such Borrowing in U.S. dollars and immediately available funds, before
4:00 p.m. (New York City time) on such Business Day or on such later Business
Day specified in such Notice of Borrowing. If a Notice of Borrowing is delivered
by the Borrower in respect of any Borrowing on a day that is not a Business Day
or after 1:00 p.m. (New York City time) on a Business Day, upon satisfaction of
the conditions precedent set forth in Section 4.02 with respect to a requested
Borrowing, the Primary Liquidity Provider shall make available to the Borrower,
in accordance with its payment instructions, the amount of such Borrowing in
U.S. dollars and in immediately available funds, before 12:00 Noon (New York
City time) on the first Business Day next following the day of receipt of such
Notice of Borrowing or on such later Business Day specified by the Borrower in
such Notice of Borrowing. Payments of proceeds of a Borrowing shall be made by
wire transfer of immediately available funds to the Borrower in accordance with
such wire transfer instructions as the Borrower shall furnish from time to time
to the Primary Liquidity Provider for such purpose. Each Notice of Borrowing
shall be irrevocable and binding on the Borrower. Each Notice of Borrowing shall
be effective upon delivery of a copy thereof to the Primary Liquidity Provider's
New York Branch at the address specified in Section 7.02 hereof.

            (f) Upon the making of any Advance requested pursuant to a Notice of
Borrowing, in accordance with the Borrower's payment instructions, the Primary
Liquidity Provider shall be fully discharged of its obligation hereunder with

<PAGE>

respect to such Notice of Borrowing, and the Primary Liquidity Provider shall
not thereafter be obligated to make any further Advances hereunder in respect of
such Notice of Borrowing to the Borrower or to any other Person. If the Primary
Liquidity Provider makes an Advance requested pursuant to a Notice of Borrowing
before 12:00 Noon (New York City time) on the second Business Day after the date
of payment specified in said Section 2.02(e), the Primary Liquidity Provider
shall have fully discharged its obligations hereunder with respect to such
Advance and an event of default shall not have occurred hereunder. Following the
making of any Advance pursuant to Section 2.02(b), (c) or (d) hereof to fund the
Class G-1 Cash Collateral Account, the Primary Liquidity Provider shall have no
interest in or rights to the Class G-1 Cash Collateral Account, the funds
constituting such Advance or any other amounts from time to time on deposit in
the Class G-1 Cash Collateral Account; PROVIDED that the foregoing shall not
affect or impair the obligations of the Subordination Agent to make the
distributions contemplated by Section 3.6(e) or (f) of the Intercreditor
Agreement, and PROVIDED FURTHER, that the foregoing shall not affect or impair
the rights of the Primary Liquidity Provider to provide written instructions
with respect to the investment and reinvestment of amounts in the Cash
Collateral Accounts to the extent provided in Section 2.2(b) of the
Intercreditor Agreement. By paying to the Borrower proceeds of Advances
requested by the Borrower in accordance with the provisions of this Agreement,
the Primary Liquidity Provider makes no representation as to, and assumes no
responsibility for, the correctness or sufficiency for any purpose of the amount
of the Advances so made and requested.

            Section 2.03. FEES. The Borrower agrees to pay to the Primary
Liquidity Provider the fees set forth in the Fee Letter applicable to this
Agreement.

            Section 2.04. ADJUSTMENTS OR TERMINATION OF THE MAXIMUM COMMITMENT.

            (a) AUTOMATIC ADJUSTMENT. Promptly following each date on which the
Required Amount is (1) reduced as a result of a reduction in the Pool Balance of
the Class G-1 Certificates (including by reason of a Policy Provider Election
with respect to one or more Series G-1 Equipment Notes) or otherwise, or (2)
increased as a result of an increase in the Capped Interest Rate for the Class
G-1 Certificates, the Maximum Commitment shall automatically be reduced or
increased, as the case may be, to an amount equal to such reduced or increased
Required Amount (as calculated by the Borrower); PROVIDED that on the first
Regular Distribution Date, the Maximum Commitment shall automatically be reduced
to the then Required Amount. The Borrower shall give notice of any such
automatic reduction or increase of the Maximum Commitment to the Primary
Liquidity Provider within two Business Days thereof. The failure by the Borrower
to furnish any such notice shall not affect such automatic reduction or increase
of the Maximum Commitment.

            (b) TERMINATION. Upon the making of any Provider Advance or Final
Advance hereunder or the occurrence of the Termination Date, the obligation of
the Primary Liquidity Provider to make further Advances hereunder shall
automatically and irrevocably terminate, and the Borrower shall not be entitled
to request any further Borrowing hereunder.

            Section 2.05. REPAYMENTS OF INTEREST ADVANCES OR THE FINAL ADVANCE.
Subject to Sections 2.06, 2.07 and 2.09 hereof, the Borrower hereby agrees,
without notice of an Advance or demand for repayment from the Primary Liquidity
Provider (which notice and demand are hereby waived by the Borrower), to pay, or
to cause to be paid, to the Primary Liquidity Provider on each date on which the

<PAGE>

Primary Liquidity Provider shall make an Interest Advance or the Final Advance,
an amount equal to (a) the amount of such Advance (any such Advance, until
repaid, is referred to herein as an "UNPAID ADVANCE"), plus (b) interest on the
amount of each such Unpaid Advance as provided in Section 3.07 hereof; PROVIDED
that if (i) the Primary Liquidity Provider shall make a Provider Advance at any
time after making one or more Interest Advances which shall not have been repaid
in accordance with this Section 2.05 or (ii) this Liquidity Facility shall
become a Downgraded Facility or Non-Extended Facility at any time when
unreimbursed Interest Advances have reduced the Maximum Available Commitment to
zero, then such Interest Advances shall cease to constitute Unpaid Advances and
shall be deemed to have been changed into an Applied Downgrade Advance or an
Applied Non-Extension Advance, as the case may be, for all purposes of this
Agreement (including, without limitation, for the purpose of determining when
such Interest Advance is required to be repaid to the Primary Liquidity Provider
in accordance with Section 2.06 and for the purposes of Section 2.06(b)). The
Borrower and the Primary Liquidity Provider agree that the repayment in full of
each Interest Advance and Final Advance on the date such Advance is made is
intended to be a contemporaneous exchange for new value given to the Borrower by
the Primary Liquidity Provider.

            Section 2.06. REPAYMENTS OF PROVIDER ADVANCES. (a) Amounts advanced
hereunder in respect of a Provider Advance shall be deposited in the Class G-1
Cash Collateral Account, invested and withdrawn from the Class G-1 Cash
Collateral Account as set forth in Sections 3.6(c), (d) and (f) of the
Intercreditor Agreement. The Borrower agrees to pay to the Primary Liquidity
Provider, on each Regular Distribution Date, commencing on the first Regular
Distribution Date after the making of a Provider Advance, interest on the
principal amount of any such Provider Advance as provided in Section 3.07;
PROVIDED, HOWEVER, that amounts in respect of a Provider Advance withdrawn from
the Class G-1 Cash Collateral Account for the purpose of paying interest on the
Class G-1 Certificates in accordance with Section 3.6(f) of the Intercreditor
Agreement (the amount of any such withdrawal being (y) in the case of a
Downgrade Advance, an "APPLIED DOWNGRADE ADVANCE" and (z) in the case of a
Non-Extension Advance, an "APPLIED NON-EXTENSION ADVANCE" and, together with an
Applied Downgrade Advance, an "APPLIED PROVIDER ADVANCE") shall thereafter
(subject to Section 2.06(b)) be treated as an Interest Advance under this
Agreement for purposes of determining the Applicable Liquidity Rate for interest
payable thereon; PROVIDED FURTHER, HOWEVER, that if, following the making of a
Provider Advance, the Primary Liquidity Provider delivers a Termination Notice
to the Borrower pursuant to Section 6.01 hereof, such Provider Advance shall
thereafter be treated as a Final Advance under this Agreement for purposes of
determining the Applicable Liquidity Rate for interest payable thereon and the
obligation for repayment thereof. Subject to Sections 2.07 and 2.09 hereof,
immediately upon the withdrawal of any amounts from the Class G-1 Cash
Collateral Account on account of a reduction in the Required Amount, the
Borrower shall repay to the Primary Liquidity Provider a portion of the Provider
Advances in a principal amount equal to such reduction, plus interest on the
principal amount prepaid as provided in Section 3.07 hereof.

            (b) At any time when an Applied Provider Advance (or any portion
thereof) is outstanding, upon the deposit in the Class G-1 Cash Collateral
Account of any amount pursuant to clause "THIRD" of Section 2.4(b) of the
Intercreditor Agreement, clause "THIRD" of Section 3.2 of the Intercreditor
Agreement or clause "FOURTH" of Section 3.3 of the Intercreditor Agreement (any

<PAGE>

such amount being a "REPLENISHMENT AMOUNT") for the purpose of replenishing or
increasing the balance thereof up to the Required Amount at such time, (i) the
aggregate outstanding principal amount of all Applied Provider Advances (and of
Provider Advances treated as an Interest Advance for purposes of determining the
Applicable Liquidity Rate for interest payable thereon) shall be automatically
reduced by the amount of such Replenishment Amount and (ii) the aggregate
outstanding principal amount of all Unapplied Provider Advances shall be
automatically increased by the amount of such Replenishment Amount.

            (c) Upon the provision of a Replacement Primary Liquidity Facility
in replacement of this Agreement in accordance with Section 3.6(e) of the
Intercreditor Agreement, amounts remaining on deposit in the Class G-1 Cash
Collateral Account after giving effect to any Applied Provider Advance on the
date of such replacement shall be reimbursed to the Primary Liquidity Provider,
but only to the extent such amounts are necessary to repay in full to the
Primary Liquidity Provider all amounts owing to it hereunder.

            Section 2.07. PAYMENTS TO THE PRIMARY LIQUIDITY PROVIDER UNDER THE
INTERCREDITOR AGREEMENT. In order to provide for payment or repayment to the
Primary Liquidity Provider of any amounts hereunder, the Intercreditor Agreement
provides that amounts available and referred to in Articles II and III of the
Intercreditor Agreement, to the extent payable to the Primary Liquidity Provider
pursuant to the terms of the Intercreditor Agreement (including, without
limitation, Section 3.6(f) of the Intercreditor Agreement), shall be paid to the
Primary Liquidity Provider in accordance with the terms thereof. Amounts so paid
to the Primary Liquidity Provider shall be applied by the Primary Liquidity
Provider to Liquidity Obligations then due and payable in accordance with the
Intercreditor Agreement or, if not provided for in the Intercreditor Agreement,
then in such manner as the Primary Liquidity Provider shall deem appropriate.

            Section 2.08. BOOK ENTRIES. The Primary Liquidity Provider shall
maintain in accordance with its usual practice an account or accounts evidencing
the indebtedness of the Borrower resulting from Advances made from time to time
and the amounts of principal and interest payable hereunder and paid from time
to time in respect thereof; PROVIDED, HOWEVER, that the failure by the Primary
Liquidity Provider to maintain such account or accounts shall not affect the
obligations of the Borrower in respect of Advances.

            Section 2.09. PAYMENTS FROM AVAILABLE FUNDS ONLY. All payments to be
made by the Borrower under this Agreement shall be made only from the amounts
that constitute Scheduled Payments, Special Payments or payments under Section
8.1 of the Participation Agreements with respect to Aircraft and payments under
Section 6 of the Note Purchase Agreement and only to the extent that the
Borrower shall have sufficient income or proceeds therefrom to enable the
Borrower to make payments in accordance with the terms hereof after giving
effect to the priority of payments provisions set forth in the Intercreditor
Agreement. The Primary Liquidity Provider agrees that it will look solely to
such amounts to the extent available for distribution to it as provided in the
Intercreditor Agreement and this Agreement and that the Borrower, in its
individual capacity, is not personally liable to it for any amounts payable or
liability under this Agreement except as expressly provided in this Agreement,
the Intercreditor Agreement or any Participation Agreement. Amounts on deposit
in the Class G-1 Cash Collateral Account shall be available to the Borrower to

<PAGE>

make payments under this Agreement only to the extent and for the purposes
expressly contemplated in Section 3.6(f) of the Intercreditor Agreement.

            Section 2.10. EXTENSION OF THE EXPIRY DATE; NON-EXTENSION ADVANCE.
No earlier than the 60th day and no later than the 40th day prior to the then
effective Expiry Date (unless such Expiry Date is on or after the date that is
15 days after the Final Legal Distribution Date for the Class G-1 Certificates),
the Borrower shall request that the Primary Liquidity Provider extend the Expiry
Date to the earlier of (i) the date that is 15 days after the Final Legal
Distribution Date for the Class G-1 Certificates and (ii) the date that is the
day immediately preceding the 364th day occurring after the last day of the
Consent Period (as hereinafter defined). Whether or not the Borrower has made
such request, the Primary Liquidity Provider shall advise the Borrower and the
Policy Provider, no earlier than the 40th day (or, if earlier, the date of the
Primary Liquidity Provider's receipt of such request, if any, from the Borrower)
and no later than the 25th day prior to the then effective Expiry Date (such
period, the "CONSENT PERIOD"), whether, in its sole discretion, it agrees to so
extend the Expiry Date. If the Primary Liquidity Provider advises the Borrower
and the Policy Provider on or before the date on which the Consent Period ends
that such Expiry Date shall not be so extended, or fails to irrevocably and
unconditionally advise the Borrower on or before the date on which the Consent
Period ends that such Expiry Date shall be so extended (and, in each case, if
the Primary Liquidity Provider shall not have been replaced in accordance with
Section 3.6(e) of the Intercreditor Agreement), the Borrower shall be entitled
on and after the date on which the Consent Period ends (but prior to the then
effective Expiry Date) to request a Non-Extension Advance in accordance with
Section 2.02(b) hereof and Section 3.6(d) of the Intercreditor Agreement.

            Section 2.11 RIGHT TO FURTHER EXTEND EXPIRY DATE. Subject to the
proviso in the immediately succeeding sentence, the Primary Liquidity Provider
shall have the right at any time and without the consent of the Borrower to
extend the then effective Expiry Date to the date that is 15 days after the
Final Legal Distribution Date for the Class G-1 Certificates by giving not less
than five nor more than ten days' prior written notice of such extension to the
Borrower, the Class G-1 Trustee and Continental (which notice shall specify the
effective date of such extension (the "EXTENSION EFFECTIVE DATE")). On the
Extension Effective Date, the then effective Expiry Date shall be so extended
without any further act; PROVIDED, HOWEVER, that if prior to the Extension
Effective Date a Downgrade Event shall have occurred, the then effective Expiry
Date shall not be so extended.

                                   ARTICLE III

                           OBLIGATIONS OF THE BORROWER

            Section 3.01. INCREASED COSTS. The Borrower shall pay to the Primary
Liquidity Provider from time to time such amounts as may be necessary to
compensate the Primary Liquidity Provider for any increased costs incurred by
the Primary Liquidity Provider which are attributable to its making or
maintaining any LIBOR Advances hereunder or its obligation to make any such
Advances hereunder, or any reduction in any amount receivable by the Primary
Liquidity Provider under this Agreement or the Intercreditor Agreement in
respect of any such Advances or such obligation (such increases in costs and

<PAGE>

reductions in amounts receivable being herein called "ADDITIONAL COSTS"),
resulting from any change after the date of this Agreement in U.S. federal,
state, municipal, or foreign laws or regulations (including Regulation D of the
Board of Governors of the Federal Reserve System), or the adoption or making
after the date of this Agreement of any interpretations, directives, or
requirements applying to a class of banks including the Primary Liquidity
Provider under any U.S. federal, state, municipal, or any foreign laws or
regulations (whether or not having the force of law) by any court, central bank
or monetary authority charged with the interpretation or administration thereof
(a "REGULATORY CHANGE"), which: (1) changes the basis of taxation of any amounts
payable to the Primary Liquidity Provider under this Agreement in respect of any
such Advances or such obligation (other than Excluded Taxes); or (2) imposes or
modifies any reserve, special deposit, compulsory loan or similar requirements
relating to any extensions of credit or other assets of, or any deposits with
other liabilities of, the Primary Liquidity Provider (including any such
Advances or such obligation or any deposits referred to in the definition of
LIBOR Rate or related definitions). The Primary Liquidity Provider agrees to use
reasonable efforts (consistent with applicable legal and regulatory
restrictions) to change the jurisdiction of its Facility Office if making such
change would avoid the need for, or reduce the amount of, any amount payable
under this Section that may thereafter accrue and would not, in the reasonable
judgment of the Primary Liquidity Provider, be otherwise disadvantageous to the
Primary Liquidity Provider.

            The Primary Liquidity Provider will notify the Borrower of any event
occurring after the date of this Agreement that will entitle the Primary
Liquidity Provider to compensation pursuant to this Section 3.01 as promptly as
practicable after it obtains knowledge thereof and determines to request such
compensation, which notice shall describe in reasonable detail the calculation
of the amounts owed under this Section. Determinations by the Primary Liquidity
Provider for purposes of this Section 3.01 of the effect of any Regulatory
Change on its costs of making or maintaining Advances or on amounts receivable
by it in respect of Advances, and of the additional amounts required to
compensate the Primary Liquidity Provider in respect of any Additional Costs,
shall be prima facie evidence of the amount owed under this Section.

            Notwithstanding the preceding two paragraphs, the Primary Liquidity
Provider and the Subordination Agent agree that any permitted assignee or
participant of the initial Primary Liquidity Provider which is not a bank shall
not be entitled to the benefits of the preceding two paragraphs (but without
limiting the provisions of Section 7.08 hereof).

            Section 3.02. CAPITAL ADEQUACY. If (1) the adoption, after the date
hereof, of any applicable governmental law, rule or regulation regarding capital
adequacy, (2) any change, after the date hereof, in the interpretation or
administration of any such law, rule or regulation by any central bank or other
governmental authority charged with the interpretation or administration thereof
or (3) compliance by the Primary Liquidity Provider or any corporation
controlling the Primary Liquidity Provider with any applicable guideline or
request of general applicability, issued after the date hereof, by any central
bank or other governmental authority (whether or not having the force of law)
that constitutes a change of the nature described in clause (2), has the effect
of requiring an increase in the amount of capital required to be maintained by
the Primary Liquidity Provider or any corporation controlling the Primary
Liquidity Provider, and such increase is based upon the Primary Liquidity
Provider's obligations hereunder and other similar obligations, the Borrower
shall, subject to the provisions of the next paragraph, pay to the Primary
Liquidity Provider from time to time such additional amount or amounts as are

<PAGE>

necessary to compensate the Primary Liquidity Provider for such portion of such
increase as shall be reasonably allocable to the Primary Liquidity Provider's
obligations to the Borrower hereunder. The Primary Liquidity Provider agrees to
use reasonable efforts (consistent with applicable legal and regulatory
restrictions) to change the jurisdiction of its Facility Office if making such
change would avoid the need for, or reduce the amount of, any amount payable
under this Section that may thereafter accrue and would not, in the reasonable
judgment of the Primary Liquidity Provider, be otherwise materially
disadvantageous to the Primary Liquidity Provider.

            From and after the Extension Effective Date and prior to the
occurrence of a Helaba Downgrade, the Primary Liquidity Provider will be
entitled to compensation pursuant to this Section 3.02 only to the extent that
the Primary Liquidity Provider would have been so entitled if the Extension
Effective Date had not occurred. From and after the Extension Effective Date and
after the occurrence of a Helaba Downgrade, the Primary Liquidity Provider will
be entitled to compensation pursuant to this Section 3.02 only to the extent
that the Primary Liquidity Provider would have been so entitled had the Primary
Liquidity Provider made a Downgrade Advance upon the occurrence of such Helaba
Downgrade.

            The Primary Liquidity Provider will notify the Borrower of any event
occurring after the date of this Agreement that will entitle the Primary
Liquidity Provider to compensation pursuant to this Section 3.02 as promptly as
practicable after it obtains knowledge thereof and determines to request such
compensation, which notice shall describe in reasonable detail the calculation
of the amounts owed under this Section. Determinations by the Primary Liquidity
Provider for purposes of this Section 3.02 of the effect of any increase in the
amount of capital required to be maintained by the Primary Liquidity Provider
and of the amount allocable to the Primary Liquidity Provider's obligations to
the Borrower hereunder shall be prima facie evidence of the amounts owed under
this Section.

            Notwithstanding the preceding three paragraphs, the Primary
Liquidity Provider and the Subordination Agent agree that any permitted assignee
or participant of the initial Primary Liquidity Provider which is not a bank
shall not be entitled to the benefits of the preceding two paragraphs (but
without limiting the provisions of Section 7.08 hereof).

            Section 3.03. PAYMENTS FREE OF DEDUCTIONS. (a) All payments made by
the Borrower under this Agreement shall be made free and clear of, and without
reduction for or on account of, any present or future stamp or other taxes,
levies, imposts, duties, charges, fees, deductions, withholdings, restrictions
or conditions of any nature whatsoever now or hereafter imposed, levied,
collected, withheld or assessed, excluding Excluded Taxes (such non-excluded
taxes being referred to herein, collectively, as "NON-EXCLUDED TAXES" and each,
individually, as a "NON-EXCLUDED TAX"). If any Non-Excluded Taxes are required
to be withheld from any amounts payable to the Primary Liquidity Provider under
this Agreement, (i) the Borrower shall within the time prescribed therefor by
applicable law pay to the appropriate governmental or taxing authority the full
amount of any such Non-Excluded Taxes (and any additional Non-Excluded Taxes in
respect of the additional amounts payable under clause (ii) hereof) and make
such reports or returns in connection therewith at the time or times and in the
manner prescribed by applicable law, and (ii) the amounts so payable to the
Primary Liquidity Provider shall be increased to the extent necessary to yield
to the Primary Liquidity Provider (after payment of all Non-Excluded Taxes)

<PAGE>

interest or any other such amounts payable under this Agreement at the rates or
in the amounts specified in this Agreement. The Primary Liquidity Provider
agrees to use reasonable efforts (consistent with its internal policy and legal
and regulatory restrictions) to change the jurisdiction of its Facility Office
if making such change would avoid the need for, or reduce the amount of, any
such additional amounts that may thereafter accrue and would not, in the
reasonable judgment of the Primary Liquidity Provider, be otherwise
disadvantageous to the Primary Liquidity Provider. From time to time upon the
reasonable request of the Borrower, the Primary Liquidity Provider agrees to
provide to the Borrower two original Internal Revenue Service Form W-8BEN or
W-8ECI, as appropriate, or any successor or other form prescribed by the
Internal Revenue Service, certifying that the Primary Liquidity Provider is
exempt from or entitled to a reduced rate of United States withholding tax on
payments pursuant to this Agreement. Within 30 days after the date of each
payment hereunder, the Borrower shall furnish to the Primary Liquidity Provider
the original or a certified copy of (or other documentary evidence of) the
payment of the Non-Excluded Taxes applicable to such payment.

            (b) All payments (including, without limitation, Advances) made by
the Primary Liquidity Provider under this Agreement shall be made free and clear
of, and without reduction for or on account of, any Taxes. If any Taxes are
required to be withheld or deducted from any amounts payable to the Borrower
under this Agreement, the Primary Liquidity Provider shall (i) within the time
prescribed therefor by applicable law pay to the appropriate governmental or
taxing authority the full amount of any such Taxes (and any additional Taxes in
respect of the additional amounts payable under clause (ii) hereof) and make
such reports or returns in connection therewith at the time or times and in the
manner prescribed by applicable law, and (ii) pay to the Borrower an additional
amount which (after deduction of all such Taxes) will be sufficient to yield to
the Borrower the full amount which would have been received by it had no such
withholding or deduction been made. Within 30 days after the date of each
payment hereunder, the Primary Liquidity Provider shall furnish to the Borrower
the original or a certified copy of (or other documentary evidence of) the
payment of the Taxes applicable to such payment.

            (c) If any exemption from, or reduction in the rate of, any Taxes is
reasonably available to the Borrower to establish that payments under this
Agreement are exempt from (or entitled to a reduced rate of) tax, the Borrower
shall deliver to the Primary Liquidity Provider such form or forms and such
other evidence of the eligibility of the Borrower for such exemption or
reduction as the Primary Liquidity Provider may reasonably identify to the
Borrower as being required as a condition to exemption from, or reduction in the
rate of, any Taxes.

            Section 3.04. PAYMENTS. The Borrower shall make or cause to be made
each payment to the Primary Liquidity Provider under this Agreement so as to
cause the same to be received by the Primary Liquidity Provider not later than
1:00 P.M. (New York City time) on the day when due. The Borrower shall make all
such payments in lawful money of the United States of America, to the Primary
Liquidity Provider in immediately available funds, by wire transfer to Citibank
N.A., New York/ABA 021000089 in favor of account number 10920118, reference
Continental Airlines Trust 2002-1G-1 #4244125, MT215000, attn. M. Kirr.

            Section 3.05. COMPUTATIONS. All computations of interest based on
the Base Rate shall be made on the basis of a year of 365 or 366 days, as the

<PAGE>

case may be, and all computations of interest based on the LIBOR Rate shall be
made on the basis of a year of 360 days, in each case for the actual number of
days (including the first day but excluding the last day) occurring in the
period for which such interest is payable.

            Section 3.06. PAYMENT ON NON-BUSINESS DAYS. Whenever any payment to
be made hereunder shall be stated to be due on a day other than a Business Day,
such payment shall be made on the next succeeding Business Day and no additional
interest shall be due as a result (and if so made, shall be deemed to have been
made when due). If any payment in respect of interest on an Advance is so
deferred to the next succeeding Business Day, such deferral shall not delay the
commencement of the next Interest Period for such Advance (if such Advance is a
LIBOR Advance) or reduce the number of days for which interest will be payable
on such Advance on the next interest payment date for such Advance.

            Section 3.07. INTEREST. (a) Subject to Section 2.09, the Borrower
shall pay, or shall cause to be paid, without duplication, interest on (i) the
unpaid principal amount of each Advance from and including the date of such
Advance (or, in the case of an Applied Provider Advance, from and including the
date on which the amount thereof was withdrawn from the Class G-1 Cash
Collateral Account to pay interest on the Class G-1 Certificates) to but
excluding the date such principal amount shall be paid in full (or, in the case
of an Applied Provider Advance, the date on which the Class G-1 Cash Collateral
Account is fully replenished in respect of such Advance) and (ii) any other
amount due hereunder (whether fees, commissions, expenses or other amounts or,
to the extent permitted by law, installments of interest on Advances or any such
other amount) which is not paid when due (whether at stated maturity, by
acceleration or otherwise) from and including the due date thereof to but
excluding the date such amount is paid in full, in each such case, at a
fluctuating interest rate per annum for each day equal to the Applicable
Liquidity Rate (as defined below) for such Advance or such other amount as in
effect for such day, but in no event at a rate per annum greater than the
maximum rate permitted by applicable law; PROVIDED, HOWEVER, that, if at any
time the otherwise applicable interest rate as set forth in this Section 3.07
shall exceed the maximum rate permitted by applicable law, then any subsequent
reduction in such interest rate will not reduce the rate of interest payable
pursuant to this Section 3.07 below the maximum rate permitted by applicable law
until the total amount of interest accrued equals the amount of interest that
would have accrued if such otherwise applicable interest rate as set forth in
this Section 3.07 had at all times been in effect.

            (b) Except as provided in clause (e) below, each Advance (including,
without limitation, each outstanding Unapplied Downgrade Advance) will be either
a Base Rate Advance or a LIBOR Advance as provided in this Section. Each such
Advance will be a Base Rate Advance for the period from the date of its
borrowing to (but excluding) the third Business Day following the Primary
Liquidity Provider's receipt of the Notice of Borrowing for such Advance.
Thereafter, such Advance shall be a LIBOR Advance; provided that the Borrower
(at the direction of the Controlling Party, so long as the Primary Liquidity
Provider is not the Controlling Party) may (x) convert the Final Advance into a
Base Rate Advance on the last day of an Interest Period for such Advance by
giving the Primary Liquidity Provider no less than four Business Days' prior
written notice of such election or (y) elect to maintain the Final Advance as a
Base Rate Advance by not requesting a conversion of the Final Advance to a LIBOR
Advance under Clause (5) of the applicable Notice of Borrowing (or, if such
Final Advance is deemed to have been made, without delivery of a Notice of

<PAGE>

Borrowing pursuant to Section 2.06, by requesting, prior to 11:00 A.M. (New York
City time) on the first Business Day immediately following the Borrower's
receipt of the applicable Termination Notice, that such Final Advance not be
converted from a Base Rate Advance to a LIBOR Advance).

            (c) Each LIBOR Advance shall bear interest during each Interest
Period at a rate per annum equal to the LIBOR Rate for such Interest Period plus
the Applicable Margin for such LIBOR Advance, payable in arrears on the last day
of such Interest Period and, in the event of the payment of principal of such
LIBOR Advance on a day other than such last day, on the date of such payment (to
the extent of interest accrued on the amount of principal repaid).

            (d) Each Base Rate Advance shall bear interest at a rate per annum
equal to the Base Rate plus the Applicable Margin for such Base Rate Advance,
payable in arrears on each Regular Distribution Date and, in the event of the
payment of principal of such Base Rate Advance on a day other than a Regular
Distribution Date, on the date of such payment (to the extent of interest
accrued on the amount of principal repaid).

            (e) Each outstanding Unapplied Non-Extension Advance shall bear
interest in an amount equal to the Investment Earnings on amounts on deposit in
the Class G-1 Cash Collateral Account plus the Applicable Margin for such
Unapplied Non-Extension Advance on the amount of such Unapplied Non-Extension
Advance from time to time, payable in arrears on each Regular Distribution Date.

            (f) Each amount not paid when due hereunder (whether fees,
commissions, expenses or other amounts or, to the extent permitted by applicable
law, installments of interest on Advances but excluding Advances) shall bear
interest at a rate per annum equal to the Base Rate plus 2.00% until paid.

            (g) Each change in the Base Rate shall become effective immediately.
The rates of interest specified in this Section 3.07 with respect to any Advance
or other amount shall be referred to as the "APPLICABLE LIQUIDITY RATE".

            Section 3.08. REPLACEMENT OF BORROWER. From time to time and subject
to the successor Borrower's meeting the eligibility requirements set forth in
Section 6.9 of the Intercreditor Agreement applicable to the Subordination
Agent, upon the effective date and time specified in a written and completed
Notice of Replacement Subordination Agent in substantially the form of Annex VI
attached hereto (a "NOTICE OF REPLACEMENT SUBORDINATION AGENT") delivered to the
Primary Liquidity Provider by the then Borrower, the successor Borrower
designated therein shall be substituted for as the Borrower for all purposes
hereunder.

            Section 3.09. FUNDING LOSS INDEMNIFICATION. The Borrower shall pay
to the Primary Liquidity Provider, upon the request of the Primary Liquidity
Provider, such amount or amounts as shall be sufficient (in the reasonable
opinion of the Primary Liquidity Provider) to compensate it for any loss, cost,
or expense incurred by reason of the liquidation or redeployment of deposits or
other funds acquired by the Primary Liquidity Provider to fund or maintain any
LIBOR Advance (but excluding loss of anticipated profits) incurred as a result
of:

            (1) Any repayment of a LIBOR Advance on a date other than the last
      day of the Interest Period for such Advance; or

<PAGE>

            (2) Any failure by the Borrower to borrow a LIBOR Advance on the
      date for borrowing specified in the relevant notice under Section 2.02.

            Section 3.10. ILLEGALITY. Notwithstanding any other provision in
this Agreement, if any change in any applicable law, rule or regulation, or any
change in the interpretation or administration thereof by any governmental
authority, central bank or comparable agency charged with the interpretation or
administration thereof, or compliance by the Primary Liquidity Provider (or its
Facility Office) with any request or directive (whether or not having the force
of law) of any such authority, central bank or comparable agency shall make it
unlawful or impossible for the Primary Liquidity Provider (or its Facility
Office) to maintain or fund its LIBOR Advances, then upon notice to the Borrower
by the Primary Liquidity Provider, the outstanding principal amount of the LIBOR
Advances shall be converted to Base Rate Advances (a) immediately upon demand of
the Primary Liquidity Provider, if such change or compliance with such request,
in the judgment of the Primary Liquidity Provider, requires immediate repayment;
or (b) at the expiration of the last Interest Period to expire before the
effective date of any such change or request. The Primary Liquidity Provider
agrees to use reasonable efforts (consistent with applicable legal and
regulatory restrictions) to change the jurisdiction of its Facility Office if
making such change would avoid or cure the aforesaid illegality and would not,
in the reasonable judgment of the Primary Liquidity Provider, be otherwise
disadvantageous to the Primary Liquidity Provider.

                                   ARTICLE IV

                              CONDITIONS PRECEDENT

            Section 4.01. CONDITIONS PRECEDENT TO EFFECTIVENESS OF SECTION 2.01.
Section 2.01 of this Agreement shall become effective on and as of the first
date (the "EFFECTIVE DATE") on which the following conditions precedent have
been satisfied or waived:

            (a) The Primary Liquidity Provider shall have received each of the
      following, and in the case of each document delivered pursuant to
      paragraphs (i), (ii) and (iii), each in form and substance satisfactory to
      the Primary Liquidity Provider:

                  (i) This Agreement duly executed on behalf of the Borrower,
            the Fee Letter applicable to this Agreement duly executed on behalf
            of the Borrower and the Tax Letter duly executed on behalf of
            Continental;

                  (ii) The Intercreditor Agreement duly executed on behalf of
            each of the parties thereto (other than the Primary Liquidity
            Provider);

                  (iii) Fully executed copies of each of the Operative
            Agreements executed and delivered on the Closing Date (other than
            this Agreement, the Fee Letter applicable to this Agreement, the Tax
            Letter and the Intercreditor Agreement);

                  (iv) A copy of the Prospectus Supplement and specimen copies
            of the Class G-1 Certificates;

<PAGE>

                  (v) An executed copy of each document, instrument, certificate
            and opinion delivered on the Closing Date pursuant to the Class G-1
            Trust Agreement, the Intercreditor Agreement and the other Operative
            Agreements (in the case of each such opinion, other than the opinion
            of counsel for the Underwriters, either addressed to the Primary
            Liquidity Provider or accompanied by a letter from the counsel
            rendering such opinion to the effect that the Primary Liquidity
            Provider is entitled to rely on such opinion as of its date as if it
            were addressed to the Primary Liquidity Provider);

                  (vi) Evidence that there shall have been made and shall be in
            full force and effect, all filings, recordings and/or registrations,
            and there shall have been given or taken any notice or other similar
            action as may be reasonably necessary or, to the extent reasonably
            requested by the Primary Liquidity Provider, reasonably advisable,
            in order to establish, perfect, protect and preserve the right,
            title and interest, remedies, powers, privileges, liens and security
            interests of, or for the benefit of, the Trustees, the Borrower and
            the Primary Liquidity Provider created by the Operative Agreements
            executed and delivered on the Closing Date;

                  (vii) An agreement from Continental, pursuant to which (i)
            Continental agrees to provide to the Primary Liquidity Provider (A)
            within 90 days after the end of each of the first three fiscal
            quarters in each fiscal year of Continental, a consolidated balance
            sheet of Continental as of the end of such quarter and related
            statements of income and cash flows for the period commencing at the
            end of the previous fiscal year and ending with the end of such
            quarter, setting forth in each case in comparative form the
            corresponding figures for the corresponding period in the preceding
            fiscal year, prepared in accordance with GAAP; PROVIDED, that so
            long as Continental is subject to the reporting requirements of the
            Securities Exchange Act of 1934, as amended, a copy of Continental's
            report on Form 10-Q for such fiscal quarter (excluding exhibits) or
            a written notice executed by an authorized officer of Continental
            that such report has been filed with the Securities and Exchange
            Commission, providing a website address at which such report may be
            accessed and confirming that the report accessible at such website
            address conforms to the original report filed with the Securities
            and Exchange Commission will satisfy this subclause (A), and (B)
            within 120 days after the end of each fiscal year of Continental, a
            consolidated balance sheet of Continental as of the end of such
            fiscal year and related statements of income and cash flows of
            Continental for such fiscal year, in comparative form with the
            preceding fiscal year, prepared in accordance with GAAP, together
            with a report of Continental's independent certified public
            accountants with respect to their audit of such financial
            statements; PROVIDED, that so long as Continental is subject to the
            reporting requirements of the Securities Exchange Act of 1934, as
            amended, a copy of Continental's report on Form 10-K for such fiscal
            year (excluding exhibits) or a written notice executed by an
            authorized officer of Continental that such report has been filed
            with the Securities and Exchange Commission, providing a website
            address at which such report may be accessed and confirming that the
            report accessible at such website address conforms to the original
            report filed with the Securities and Exchange Commission will

<PAGE>

            satisfy this subclause (B), and (ii) Continental agrees to allow the
            Primary Liquidity Provider to inspect Continental's books and
            records regarding such transactions, and to discuss such
            transactions with officers and employees of Continental; and

                  (viii) Such other documents, instruments, opinions and
            approvals pertaining to the transactions contemplated hereby or by
            the other Operative Agreements as the Primary Liquidity Provider
            shall have reasonably requested.

            (b) The following statement shall be true on and as of the Effective
      Date: no event has occurred and is continuing, or would result from the
      entering into of this Agreement or the making of any Advance, which
      constitutes a Liquidity Event of Default.

            (c) The Primary Liquidity Provider shall have received payment in
      full of all fees and other sums required to be paid to or for the account
      of the Primary Liquidity Provider on or prior to the Effective Date.

            (d) All conditions precedent to the issuance of the Certificates
      under the Trust Agreements shall have been satisfied or waived, and all
      conditions precedent to the purchase of the Class G-1 Certificates and
      Class G-2 Certificates by the Underwriters under the Underwriting
      Agreement shall have been satisfied or waived.

            (e) The Borrower shall have received a certificate, dated the date
      hereof, signed by a duly authorized representative of the Primary
      Liquidity Provider, certifying that all conditions precedent to the
      effectiveness of Section 2.01 have been satisfied or waived

            Section 4.02. CONDITIONS PRECEDENT TO BORROWING. The obligation of
the Primary Liquidity Provider to make an Advance on the occasion of each
Borrowing shall be subject to the conditions precedent that the Effective Date
shall have occurred and, on or prior to the date of such Borrowing, the Borrower
shall have delivered a Notice of Borrowing which conforms to the terms and
conditions of this Agreement and has been completed as may be required by the
relevant form of the Notice of Borrowing for the type of Advances requested.

                                    ARTICLE V

                                    COVENANTS

            Section 5.01. AFFIRMATIVE COVENANTS OF THE BORROWER. So long as any
Advance shall remain unpaid or the Primary Liquidity Provider shall have any
Maximum Commitment hereunder or the Borrower shall have any obligation to pay
any amount to the Primary Liquidity Provider hereunder, the Borrower will,
unless the Primary Liquidity Provider shall otherwise consent in writing:

            (a) PERFORMANCE OF THIS AND OTHER AGREEMENTS. Punctually pay or
      cause to be paid all amounts payable by it under this Agreement and the
      other Operative Agreements and observe and perform in all material

<PAGE>

      respects the conditions, covenants and requirements applicable to it
      contained in this Agreement and the other Operative Agreements.

            (b) REPORTING REQUIREMENTS. Furnish to the Primary Liquidity
      Provider with reasonable promptness, such other information and data with
      respect to the transactions contemplated by the Operative Agreements as
      from time to time may be reasonably requested by the Primary Liquidity
      Provider; and permit the Primary Liquidity Provider, upon reasonable
      notice, to inspect the Borrower's books and records with respect to such
      transactions and to meet with officers and employees of the Borrower to
      discuss such transactions.

            (c) CERTAIN OPERATIVE AGREEMENTS. Furnish to the Primary Liquidity
      Provider with reasonable promptness, such Operative Agreements entered
      into after the date hereof as from time to time may be reasonably
      requested by the Primary Liquidity Provider.

            Section 5.02. NEGATIVE COVENANTS OF THE BORROWER. So long as any
Advance shall remain unpaid or the Primary Liquidity Provider shall have any
Maximum Commitment hereunder or the Borrower shall have any obligation to pay
any amount to the Primary Liquidity Provider hereunder, the Borrower will not
appoint or permit or suffer to be appointed any successor Borrower without the
prior written consent of the Primary Liquidity Provider, which consent shall not
be unreasonably withheld or delayed.

                                   ARTICLE VI

                           LIQUIDITY EVENTS OF DEFAULT

            Section 6.01. LIQUIDITY EVENTS OF DEFAULT. If (a) any Liquidity
Event of Default has occurred and is continuing and (b) there is a Performing
Note Deficiency, the Primary Liquidity Provider may, in its discretion, deliver
to the Borrower a Termination Notice, the effect of which shall be to cause (i)
the obligation of the Primary Liquidity Provider to make Advances hereunder to
expire on the fifth Business Day after the date on which such Termination Notice
is received by the Borrower, (ii) the Borrower to promptly request, and the
Primary Liquidity Provider to promptly make, a Final Advance in accordance with
Section 2.02(d) hereof and Section 3.6(i) of the Intercreditor Agreement, (iii)
all other outstanding Advances to be automatically converted into Final Advances
for purposes of determining the Applicable Liquidity Rate for interest payable
thereon, and (iv) subject to Sections 2.07 and 2.09 hereof, all Advances
(including, without limitation, any Provider Advance and Applied Provider
Advance), any accrued interest thereon and any other amounts outstanding
hereunder to become immediately due and payable to the Primary Liquidity
Provider.

<PAGE>

                                   ARTICLE VII

                                  MISCELLANEOUS

            Section 7.01. AMENDMENTS, ETC. No amendment or waiver of any
provision of this Agreement, nor consent to any departure by the Borrower
therefrom, shall in any event be effective unless the same shall be in writing
and signed by the Primary Liquidity Provider, and, in the case of an amendment
or of a waiver by the Borrower, the Borrower, and then such waiver or consent
shall be effective only in the specific instance and for the specific purpose
for which given.

            Section 7.02. NOTICES, ETC. Except as otherwise expressly provided
herein, all notices and other communications provided for hereunder shall be in
writing (including telecopier and mailed or delivered or sent by telecopier):

            Borrower:           WILMINGTON TRUST COMPANY
                                Rodney Square North
                                1100 North Market Square
                                Wilmington, DE 19890-1605
                                Attention: Corporate Capital Market Services

                                Telephone: (302) 636-6296
                                Telecopy: (302) 636-4140

            Primary Liquidity   LANDESBANK HESSEN-THURINGEN
            Provider:           GIROZENTRALE
                                Main Tower
                                Neue Mainzer Str. 52 - 58
                                60311 Frankfurt am Main
                                Germany
                                Attention: Asset Finance

                                Telephone:  49-69-9132-4882
                                Telecopy:   49-69-9132-4392

with a copy of any Notice of Borrowing to:

                                LANDESBANK HESSEN-THURINGEN
                                420 Fifth Avenue, 24th Floor
                                New York, NY 10018
                                Attention: Project Finance/Michael Novack

                                Telephone: (212) 703-5224
                                Telecopy: (212) 703-5256

or, as to each of the foregoing, at such other address as shall be designated by
such Person in a written notice to the others. All such notices and

<PAGE>

communications shall be effective (i) if given by telecopier, when transmitted
to the telecopier number specified above, (ii) if given by mail, when deposited
in the mails addressed as specified above, and (iii) if given by other means,
when delivered at the address specified above, except that written notices to
the Primary Liquidity Provider pursuant to the provisions of Article II and
Article III hereof shall not be effective until received by the Primary
Liquidity Provider. A copy of all notices delivered hereunder to either party
shall in addition be delivered to each of the parties to the Participation
Agreements at their respective addresses set forth therein.

            Section 7.03. NO WAIVER; REMEDIES. No failure on the part of the
Primary Liquidity Provider to exercise, and no delay in exercising, any right
under this Agreement shall operate as a waiver thereof; nor shall any single or
partial exercise of any right under this Agreement preclude any other or further
exercise thereof or the exercise of any other right. The remedies herein
provided are cumulative and not exclusive of any remedies provided by law.

            Section 7.04. FURTHER ASSURANCES. The Borrower agrees to do such
further acts and things and to execute and deliver to the Primary Liquidity
Provider such additional assignments, agreements, powers and instruments as the
Primary Liquidity Provider may reasonably require or deem advisable to carry
into effect the purposes of this Agreement and the other Operative Agreements or
to better assure and confirm unto the Primary Liquidity Provider its rights,
powers and remedies hereunder and under the other Operative Agreements.

            Section 7.05. INDEMNIFICATION; SURVIVAL OF CERTAIN PROVISIONS. The
Primary Liquidity Provider shall be indemnified hereunder to the extent and in
the manner described in Section 8.1 of the Participation Agreements with respect
to Aircraft. In addition, the Borrower agrees to indemnify, protect, defend and
hold harmless the Primary Liquidity Provider from, against and in respect of,
and shall pay on demand, all Expenses of any kind or nature whatsoever (other
than any Expenses of the nature described in Section 3.01, 3.02 or 7.07 hereof
or in the Fee Letter applicable to this Agreement (regardless of whether
indemnified against pursuant to said Sections or in such Fee Letter)), that may
be imposed, incurred by or asserted against any Liquidity Indemnitee, in any way
relating to, resulting from, or arising out of or in connection with any action,
suit or proceeding by any third party against such Liquidity Indemnitee and
relating to this Agreement, the Fee Letter applicable to this Agreement, the
Intercreditor Agreement or any Financing Agreement; PROVIDED, HOWEVER, that the
Borrower shall not be required to indemnify, protect, defend and hold harmless
any Liquidity Indemnitee in respect of any Expense of such Liquidity Indemnitee
to the extent such Expense is (i) attributable to the gross negligence or
willful misconduct of such Liquidity Indemnitee or any other Liquidity
Indemnitee, (ii) ordinary and usual operating overhead expense, or (iii)
attributable to the failure by such Liquidity Indemnitee or any other Liquidity
Indemnitee to perform or observe any agreement, covenant or condition on its
part to be performed or observed in this Agreement, the Intercreditor Agreement,
the Fee Letter applicable to this Agreement, the Tax Letter or any other
Operative Agreement to which it is a party. The indemnities contained in Section
8.1 of the Participation Agreements, and the provisions of Sections 3.01, 3.02,
3.03, 3.09, 7.05 and 7.07 hereof, shall survive the termination of this
Agreement.

            Section 7.06. LIABILITY OF THE PRIMARY LIQUIDITY PROVIDER. (a)
Neither the Primary Liquidity Provider nor any of its officers, employees,
directors or Affiliates shall be liable or responsible for: (i) the use which
may be made of the Advances or any acts or omissions of the Borrower or any

<PAGE>

beneficiary or transferee in connection therewith; (ii) the validity,
sufficiency or genuineness of documents, or of any endorsement thereon, even if
such documents should prove to be in any or all respects invalid, insufficient,
fraudulent or forged; or (iii) the making of Advances by the Primary Liquidity
Provider against delivery of a Notice of Borrowing and other documents which do
not comply with the terms hereof; PROVIDED, HOWEVER, that the Borrower shall
have a claim against the Primary Liquidity Provider, and the Primary Liquidity
Provider shall be liable to the Borrower, to the extent of any damages suffered
by the Borrower which were the result of (A) the Primary Liquidity Provider's
willful misconduct or negligence in determining whether documents presented
hereunder comply with the terms hereof, or (B) any breach by the Primary
Liquidity Provider of any of the terms of this Agreement, including, but not
limited to, the Primary Liquidity Provider's failure to make lawful payment
hereunder after the delivery to it by the Borrower of a Notice of Borrowing
strictly complying with the terms and conditions hereof.

            (b) Neither the Primary Liquidity Provider nor any of its officers,
employees, directors or Affiliates shall be liable or responsible in any respect
for (i) any error, omission, interruption or delay in transmission, dispatch or
delivery of any message or advice, however transmitted, in connection with this
Agreement or any Notice of Borrowing delivered hereunder, or (ii) any action,
inaction or omission which may be taken by it in good faith, absent willful
misconduct or negligence (in which event the extent of the Primary Liquidity
Provider's potential liability to the Borrower shall be limited as set forth in
the immediately preceding paragraph), in connection with this Agreement or any
Notice of Borrowing.

            Section 7.07. COSTS, EXPENSES AND TAXES. The Borrower agrees to pay,
or cause to be paid (A) on the Effective Date and on such later date or dates on
which the Primary Liquidity Provider shall make demand, all reasonable
out-of-pocket costs and expenses (including, without limitation, the reasonable
fees and expenses of outside counsel for the Primary Liquidity Provider) of the
Primary Liquidity Provider in connection with the preparation, negotiation,
execution, delivery, filing and recording of this Agreement, any other Operative
Agreement and any other documents which may be delivered in connection with this
Agreement and (B) on demand, all reasonable costs and expenses (including
reasonable counsel fees and expenses) of the Primary Liquidity Provider in
connection with (i) the enforcement of this Agreement or any other Operative
Agreement, (ii) the modification or amendment of, or supplement to, this
Agreement or any other Operative Agreement or such other documents which may be
delivered in connection herewith or therewith (whether or not the same shall
become effective) or (iii) any action or proceeding relating to any order,
injunction, or other process or decree restraining or seeking to restrain the
Primary Liquidity Provider from paying any amount under this Agreement, the
Intercreditor Agreement or any other Operative Agreement or otherwise affecting
the application of funds in the Class G-1 Cash Collateral Account. In addition,
the Borrower shall pay any and all recording, stamp and other similar taxes and
fees payable or determined to be payable in connection with the execution,
delivery, filing and recording of this Agreement, any other Operative Agreement
and such other documents, and agrees to save the Primary Liquidity Provider
harmless from and against any and all liabilities with respect to or resulting
from any delay in paying or omission to pay such taxes or fees.

            Section 7.08. BINDING EFFECT; PARTICIPATIONS. (a) This Agreement
shall be binding upon and inure to the benefit of the Borrower and the Primary

<PAGE>

Liquidity Provider and their respective successors and assigns, except that
neither the Primary Liquidity Provider (except as otherwise provided in this
Section 7.08) nor (except as contemplated by Section 3.08) the Borrower shall
have the right to assign its rights or obligations hereunder or any interest
herein without the prior written consent of the other party, subject to the
requirements of Section 7.08(b). The Primary Liquidity Provider may grant
participations herein or in any of its rights hereunder (including, without
limitation, funded participations and participations in rights to receive
interest payments hereunder) and under the other Operative Agreements to such
Persons (other than Continental and its Affiliates) as the Primary Liquidity
Provider may in its sole discretion select, subject to the requirements of
Section 7.08(b). No such granting of participations by the Primary Liquidity
Provider, however, will relieve the Primary Liquidity Provider of its
obligations hereunder. In connection with any participation or any proposed
participation, the Primary Liquidity Provider may disclose to the participant or
the proposed participant any information that the Borrower is required to
deliver or to disclose to the Primary Liquidity Provider pursuant to this
Agreement. The Borrower acknowledges and agrees that the Primary Liquidity
Provider's source of funds may derive in part from its participants.
Accordingly, references in this Agreement and the other Operative Agreements to
determinations, reserve and capital adequacy requirements, increased costs,
reduced receipts, additional amounts due pursuant to Section 3.03 and the like
as they pertain to the Primary Liquidity Provider shall be deemed also to
include those of each of its participants that are banks (subject, in each case,
to the maximum amount that would have been incurred by or attributable to the
Primary Liquidity Provider directly if the Primary Liquidity Provider, rather
than the participant, had held the interest participated).

            (b) If, pursuant to subsection (a) above, the Primary Liquidity
Provider sells any participation in this Agreement to any bank or other entity
(each, a "TRANSFEREE"), then, concurrently with the effectiveness of such
participation, the Transferee shall (i) represent to the Primary Liquidity
Provider (for the benefit of the Primary Liquidity Provider and the Borrower)
either (A) that it is incorporated under the laws of the United States or a
state thereof or (B) that under applicable law and treaties, no taxes will be
required to be withheld with respect to any payments to be made to such
Transferee in respect of this Agreement, (ii) furnish to the Primary Liquidity
Provider and the Borrower either (x) a statement that it is incorporated under
the laws of the United States or a state thereof or (y) if it is not so
incorporated, two copies of a properly completed United States Internal Revenue
Service Form W-8ECI or Form W-8BEN, as appropriate, or other applicable form,
certificate or document prescribed by the Internal Revenue Service certifying,
in each case, such Transferee's entitlement to a complete exemption from United
States federal withholding tax in respect to any and all payments to be made
hereunder, and (iii) agree (for the benefit of the Primary Liquidity Provider
and the Borrower) to provide the Primary Liquidity Provider and the Borrower a
new Form W-8ECI or Form W-8BEN, as appropriate, (A) on or before the date that
any such form expires or becomes obsolete or (B) after the occurrence of any
event requiring a change in the most recent form previously delivered by it and
prior to the immediately following due date of any payment by the Borrower
hereunder, certifying in the case of a Form W-8BEN or Form W-8ECI that such
Transferee is entitled to a complete exemption from United States federal
withholding tax on payments under this Agreement. Unless the Borrower has
received forms or other documents reasonably satisfactory to it (and required by
applicable law) indicating that payments hereunder are not subject to United
States federal withholding tax, the Borrower will withhold taxes as required by
law from such payments at the applicable statutory rate.

<PAGE>

            (c) Notwithstanding the other provisions of this Section 7.08, the
Primary Liquidity Provider may assign and pledge all or any portion of the
Advances owing to it to any Federal Reserve Bank or the United States Treasury
as collateral security pursuant to Regulation A of the Board of Governors of the
Federal Reserve System and any Operating Circular issued by such Federal Reserve
Bank, provided that any payment in respect of such assigned Advances made by the
Borrower to the Primary Liquidity Provider in accordance with the terms of this
Agreement shall satisfy the Borrower's obligations hereunder in respect of such
assigned Advance to the extent of such payment. No such assignment shall release
the Primary Liquidity Provider from its obligations hereunder.

            Section 7.09. Third Party Beneficiary. The Policy Provider is an
intended third party beneficiary with respect to the provisions of Sections
2.02(c) and 2.10 of this Agreement.

            Section 7.10. SEVERABILITY. Any provision of this Agreement which is
prohibited, unenforceable or not authorized in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition,
unenforceability or non-authorization without invalidating the remaining
provisions hereof or affecting the validity, enforceability or legality of such
provision in any other jurisdiction.

            Section 7.11. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

            Section 7.12. SUBMISSION TO JURISDICTION; WAIVER OF JURY TRIAL;
WAIVER OF IMMUNITY. (a) Each of the parties hereto hereby irrevocably and
unconditionally:

            (i) submits for itself and its property in any legal action or
      proceeding relating to this Agreement or any other Operative Agreement, or
      for recognition and enforcement of any judgment in respect hereof or
      thereof, to the nonexclusive general jurisdiction of the courts of the
      State of New York, the courts of the United States of America for the
      Southern District of New York, and the appellate courts from any thereof;

            (ii) consents that any such action or proceeding may be brought in
      such courts, and waives any objection that it may now or hereafter have to
      the venue of any such action or proceeding in any such court or that such
      action or proceeding was brought in an inconvenient court and agrees not
      to plead or claim the same;

            (iii) agrees that service of process in any such action or
      proceeding may be effected by mailing a copy thereof by registered or
      certified mail (or any substantially similar form of mail), postage
      prepaid, to each party hereto at its address set forth in Section 7.02
      hereof, or at such other address of which the Primary Liquidity Provider
      shall have been notified pursuant thereto; and

            (iv) agrees that nothing herein shall affect the right to effect
      service of process in any other manner permitted by law or shall limit the
      right to sue in any other jurisdiction.

<PAGE>

            (b) THE BORROWER AND THE PRIMARY LIQUIDITY PROVIDER EACH HEREBY
AGREE TO WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF
ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY DEALINGS BETWEEN THEM
RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT AND THE RELATIONSHIP THAT IS
BEING ESTABLISHED, including, without limitation, contract claims, tort claims,
breach of duty claims and all other common law and statutory claims. The
Borrower and the Primary Liquidity Provider each warrant and represent that it
has reviewed this waiver with its legal counsel, and that it knowingly and
voluntarily waives its jury trial rights following consultation with such legal
counsel. THIS WAIVER IS IRREVOCABLE, AND CANNOT BE MODIFIED EITHER ORALLY OR IN
WRITING, AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS,
SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT.

            (c) The Primary Liquidity Provider hereby waives any immunity it may
have from the jurisdiction of the courts of the United States or of any State
and waives any immunity any of its properties located in the United States may
have from attachment or execution upon a judgment entered by any such court
under the United States Foreign Sovereign Immunities Act of 1976 or any similar
successor legislation.

            Section 7.13. EXECUTION IN COUNTERPARTS. This Agreement may be
executed in any number of counterparts and by different parties hereto on
separate counterparts, each of which counterparts, when so executed and
delivered, shall be deemed to be an original and all of which counterparts,
taken together, shall constitute but one and the same Agreement.

            Section 7.14. ENTIRETY. This Agreement, the Intercreditor Agreement
and the other Operative Agreements to which the Primary Liquidity Provider is a
party constitute the entire agreement of the parties hereto with respect to the
subject matter hereof and supersedes all prior understandings and agreements of
such parties.

            Section 7.15. HEADINGS. Section headings in this Agreement are
included herein for convenience of reference only and shall not constitute a
part of this Agreement for any other purpose.

            Section 7.16. TRANSFER. The Primary Liquidity Provider hereby
acknowledges and consents to the Transfer contemplated by the Assignment and
Assumption Agreement.

            Section 7.17. PRIMARY LIQUIDITY PROVIDER'S OBLIGATION TO MAKE
ADVANCES. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OBLIGATIONS OF
THE PRIMARY LIQUIDITY PROVIDER TO MAKE ADVANCES HEREUNDER, AND THE BORROWER'S
RIGHTS TO DELIVER NOTICES OF BORROWING REQUESTING THE MAKING OF ADVANCES
HEREUNDER, SHALL BE UNCONDITIONAL AND IRREVOCABLE, AND SHALL BE PAID OR
PERFORMED, IN EACH CASE STRICTLY IN ACCORDANCE WITH THE TERMS OF THIS AGREEMENT.

<PAGE>

            IN WITNESS WHEREOF, the parties have caused this Agreement to be
duly executed and delivered by their respective officers thereunto duly
authorized as of the date first set forth above.

                                      WILMINGTON TRUST COMPANY, not in its
                                        individual capacity but solely as
                                        Subordination Agent, as agent and
                                        trustee for the Class G-1 Trust,
                                        as Borrower

                                      By:
                                         --------------------------------------
                                         Name:
                                         Title:

                                      LANDESBANK HESSEN-THURINGEN GIROZENTRALE,
                                        as Primary Liquidity Provider

                                      By:
                                         --------------------------------------
                                         Name:
                                         Title:

                                      By:
                                         --------------------------------------
                                         Name:
                                         Title:

<PAGE>

                                                                      ANNEX I TO
                                                      REVOLVING CREDIT AGREEMENT

                      INTEREST ADVANCE NOTICE OF BORROWING

            The undersigned, a duly authorized signatory of the undersigned
borrower (the "BORROWER"), hereby certifies to Landesbank Hessen-Thuringen
Girozentrale (the "PRIMARY LIQUIDITY PROVIDER"), with reference to the Revolving
Credit Agreement (2002-1G-1) dated as of March 25, 2002, between the Borrower
and the Primary Liquidity Provider (the "LIQUIDITY AGREEMENT"; the terms defined
therein and not otherwise defined herein being used herein as therein defined or
referenced), that:

            (1) The Borrower is the Subordination Agent under the Intercreditor
      Agreement.

            (2) The Borrower is delivering this Notice of Borrowing for the
      making of an Interest Advance by the Primary Liquidity Provider to be
      used, subject to clause (3)(v) below, for the payment of interest on the
      Class G-1 Certificates which was payable on ____________, ____ (the
      "DISTRIBUTION DATE") in accordance with the terms and provisions of the
      Class G-1 Trust Agreement and the Class G-1 Certificates, which Advance is
      requested to be made on ____________, ____. The Interest Advance should be
      transferred to [name of bank/wire instructions/ABA number] in favor of
      account number [   ], reference [   ].

            (3) The amount of the Interest Advance requested hereby (i) is
      $[_________________], to be applied in respect of the payment of the
      interest which was due and payable on the Class G-1 Certificates on the
      Distribution Date, (ii) does not include any amount with respect to the
      payment of principal of, or premium on, the Class G-1 Certificates, or
      principal of, or interest or premium on, the Class G-2 Certificates, the
      Class H Certificates, the Class I Certificates or the Class J
      Certificates, (iii) was computed in accordance with the provisions of the
      Class G-1 Certificates, the Class G-1 Trust Agreement and the
      Intercreditor Agreement (a copy of which computation is attached hereto as
      Schedule I), (iv) does not exceed the Maximum Available Commitment on the
      date hereof, (v) does not include any amount of interest which was due and
      payable on the Class G-1 Certificates on such Distribution Date but which
      remains unpaid due to the failure of the Depositary to pay any amount of
      accrued interest on the Deposits on such Distribution Date and (vi) has
      not been and is not the subject of a prior or contemporaneous Notice of
      Borrowing.

            (4) Upon receipt by or on behalf of the Borrower of the amount
      requested hereby, (a) the Borrower will apply the same in accordance with
      the terms of Section 3.6(b) of the Intercreditor Agreement, (b) no portion
      of such amount shall be applied by the Borrower for any other purpose and
      (c) no portion of such amount until so applied shall be commingled with
      other funds held by the Borrower.

<PAGE>

            The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, the making of the Interest Advance as requested by this Notice of
Borrowing shall automatically reduce, subject to reinstatement in accordance
with the terms of the Liquidity Agreement, the Maximum Available Commitment by
an amount equal to the amount of the Interest Advance requested to be made
hereby as set forth in clause (i) of paragraph (3) of this Notice of Borrowing
and such reduction shall automatically result in corresponding reductions in the
amounts available to be borrowed pursuant to a subsequent Advance.

            IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                        WILMINGTON TRUST COMPANY,
                                          not in its individual capacity but
                                          solely as Subordination Agent, as
                                          Borrower

                                        By:
                                           ------------------------------------
                                           Name:
                                           Title:

<PAGE>

               SCHEDULE I TO INTEREST ADVANCE NOTICE OF BORROWING

            [Insert copy of computations in accordance with Interest
                          Advance Notice of Borrowing]

<PAGE>

                                                                     ANNEX II TO
                                                      REVOLVING CREDIT AGREEMENT

                    NON-EXTENSION ADVANCE NOTICE OF BORROWING

            The undersigned, a duly authorized signatory of the undersigned
borrower (the "BORROWER"), hereby certifies to Landesbank Hessen-Thuringen
Girozentrale (the "PRIMARY LIQUIDITY PROVIDER"), with reference to the Revolving
Credit Agreement (2002-1G-1) dated as of March 25, 2002, between the Borrower
and the Primary Liquidity Provider (the "LIQUIDITY AGREEMENT"; the terms defined
therein and not otherwise defined herein being used herein as therein defined or
referenced), that:

            (1) The Borrower is the Subordination Agent under the Intercreditor
      Agreement.

            (2) The Borrower is delivering this Notice of Borrowing for the
      making of the Non-Extension Advance by the Primary Liquidity Provider to
      be used for the funding of the Class G-1 Cash Collateral Account in
      accordance with Section 3.6(d) of the Intercreditor Agreement, which
      Advance is requested to be made on __________, ____. The Non-Extension
      Advance should be transferred to [name of bank/wire instructions/ABA
      number] in favor of account number [   ], reference [                ].

            (3) The amount of the Non-Extension Advance requested hereby (i) is
      $_______________.__, which equals the Maximum Available Commitment on the
      date hereof and is to be applied in respect of the funding of the Class
      G-1 Cash Collateral Account in accordance with Section 3.6(d) of the
      Intercreditor Agreement, (ii) does not include any amount with respect to
      the payment of the principal of, or premium on, the Class G-1
      Certificates, or principal of, or interest or premium on, the Class G-2
      Certificates, the Class H Certificates, the Class I Certificates or the
      Class J Certificates, (iii) was computed in accordance with the provisions
      of the Class G-1 Certificates, the Class G-1 Trust Agreement and the
      Intercreditor Agreement (a copy of which computation is attached hereto as
      Schedule I), and (iv) has not been and is not the subject of a prior or
      contemporaneous Notice of Borrowing under the Liquidity Agreement.

            (4) Upon receipt by or on behalf of the Borrower of the amount
      requested hereby, (a) the Borrower will deposit such amount in the Class
      G-1 Cash Collateral Account and apply the same in accordance with the
      terms of Section 3.6(d) of the Intercreditor Agreement, (b) no portion of
      such amount shall be applied by the Borrower for any other purpose and (c)
      no portion of such amount until so applied shall be commingled with other
      funds held by the Borrower.

            The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, (A) the making of the Non-Extension Advance as requested by this
Notice of Borrowing shall automatically and irrevocably terminate the obligation
of the Primary Liquidity Provider to make further Advances under the Liquidity
Agreement; and (B) following the making by the Primary Liquidity Provider of the
Non-Extension Advance requested by this Notice of Borrowing, the Borrower shall
not be entitled to request any further Advances under the Liquidity Agreement.

<PAGE>

            IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                        WILMINGTON TRUST COMPANY,
                                          not in its individual capacity but
                                          solely as Subordination Agent,
                                          as Borrower

                                        By:
                                           ------------------------------------
                                           Name:
                                           Title:

<PAGE>

             SCHEDULE I TO NON-EXTENSION ADVANCE NOTICE OF BORROWING

          [Insert copy of computations in accordance with Non-Extension
                          Advance Notice of Borrowing]

<PAGE>

                                                                    ANNEX III TO
                                                      REVOLVING CREDIT AGREEMENT

                      DOWNGRADE ADVANCE NOTICE OF BORROWING

            The undersigned, a duly authorized signatory of the undersigned
borrower (the "BORROWER"), hereby certifies to Landesbank Hessen-Thuringen
Girozentrale (the "PRIMARY LIQUIDITY PROVIDER"), with reference to the Revolving
Credit Agreement (2002-1G-1) dated as of March 25, 2002, between the Borrower
and the Primary Liquidity Provider (the "LIQUIDITY AGREEMENT"; the terms defined
therein and not otherwise defined herein being used herein as therein defined or
referenced), that:

            (1) The Borrower is the Subordination Agent under the Intercreditor
      Agreement.

            (2) The Borrower is delivering this Notice of Borrowing for the
      making of the Downgrade Advance by the Primary Liquidity Provider to be
      used for the funding of the Class G-1 Cash Collateral Account in
      accordance with Section 3.6(c) of the Intercreditor Agreement by reason of
      the occurrence of a Downgrade Event, which Advance is requested to be made
      on __________, ____. The Downgrade Advance should be transferred to [name
      of bank/wire instructions/ABA number] in favor of account number [   ],
      reference [        ].

            (3) The amount of the Downgrade Advance requested hereby (i) is
      $_______________.__, which equals the Maximum Available Commitment on the
      date hereof and is to be applied in respect of the funding of the Class
      G-1 Cash Collateral Account in accordance with Section 3.6(c) of the
      Intercreditor Agreement, (ii) does not include any amount with respect to
      the payment of the principal of, or premium on, the Class G-1
      Certificates, or principal of, or interest or premium on, the Class G-2
      Certificates, the Class H Certificates, the Class I Certificates or the
      Class J Certificates, (iii) was computed in accordance with the provisions
      of the Class G-1 Certificates, the Class G-1 Trust Agreement and the
      Intercreditor Agreement (a copy of which computation is attached hereto as
      Schedule I), and (iv) has not been and is not the subject of a prior or
      contemporaneous Notice of Borrowing under the Liquidity Agreement.

            (4) Upon receipt by or on behalf of the Borrower of the amount
      requested hereby, (a) the Borrower will deposit such amount in the Class
      G-1 Cash Collateral Account and apply the same in accordance with the
      terms of Section 3.6(c) of the Intercreditor Agreement, (b) no portion of
      such amount shall be applied by the Borrower for any other purpose and (c)
      no portion of such amount until so applied shall be commingled with other
      funds held by the Borrower.

            The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, (A) the making of the Downgrade Advance as requested by this Notice
of Borrowing shall automatically and irrevocably terminate the obligation of the
Primary Liquidity Provider to make further Advances under the Liquidity
Agreement; and (B) following the making by the Primary Liquidity Provider of the

<PAGE>

Downgrade Advance requested by this Notice of Borrowing, the Borrower shall not
be entitled to request any further Advances under the Liquidity Agreement.

            IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                        WILMINGTON TRUST COMPANY,
                                          not in its individual capacity but
                                          solely as Subordination Agent,
                                          as Borrower

                                        By:
                                           ------------------------------------
                                           Name:
                                           Title:

<PAGE>

               SCHEDULE I TO DOWNGRADE ADVANCE NOTICE OF BORROWING

            [Insert copy of computations in accordance with Downgrade
                          Advance Notice of Borrowing]

<PAGE>

                                                                     ANNEX IV TO
                                                      REVOLVING CREDIT AGREEMENT

                        FINAL ADVANCE NOTICE OF BORROWING

            The undersigned, a duly authorized signatory of the undersigned
borrower (the "BORROWER"), hereby certifies to Landesbank Hessen-Thuringen
Girozentrale (the "PRIMARY LIQUIDITY PROVIDER"), with reference to the Revolving
Credit Agreement (2002-1G-1) dated as of March 25, 2002, between the Borrower
and the Primary Liquidity Provider (the "LIQUIDITY AGREEMENT"; the terms defined
therein and not otherwise defined herein being used herein as therein defined or
referenced), that:

            (1) The Borrower is the Subordination Agent under the Intercreditor
      Agreement.

            (2) The Borrower is delivering this Notice of Borrowing for the
      making of the Final Advance by the Primary Liquidity Provider to be used
      for the funding of the Class G-1 Cash Collateral Account in accordance
      with Section 3.6(i) of the Intercreditor Agreement by reason of the
      receipt by the Borrower of a Termination Notice from the Primary Liquidity
      Provider with respect to the Liquidity Agreement, which Advance is
      requested to be made on ____________, ____. The Final Advance should be
      transferred to [name of bank/wire instructions/ABA number] in favor of
      account number [   ], reference [        ].

            (3) The amount of the Final Advance requested hereby (i) is
      $_________________.__, which equals the Maximum Available Commitment on
      the date hereof and is to be applied in respect of the funding of the
      Class G-1 Cash Collateral Account in accordance with Section 3.6(i) of the
      Intercreditor Agreement, (ii) does not include any amount with respect to
      the payment of principal of, or premium on, the Class G-1 Certificates, or
      principal of, or interest or premium on, the Class G-2 Certificates, the
      Class H Certificates, the Class I Certificates or the Class J
      Certificates, (iii) was computed in accordance with the provisions of the
      Class G-1 Certificates, the Class G-1 Trust Agreement and the
      Intercreditor Agreement (a copy of which computation is attached hereto as
      Schedule I), and (iv) has not been and is not the subject of a prior or
      contemporaneous Notice of Borrowing.

            (4) Upon receipt by or on behalf of the Borrower of the amount
      requested hereby, (a) the Borrower will deposit such amount in the Class
      G-1 Cash Collateral Account and apply the same in accordance with the
      terms of Section 3.6(i) of the Intercreditor Agreement, (b) no portion of
      such amount shall be applied by the Borrower for any other purpose and (c)
      no portion of such amount until so applied shall be commingled with other
      funds held by the Borrower.

<PAGE>

            (5) The Borrower hereby requests that the Advance requested hereby
      be a Base Rate Advance [and that such Base Rate Advance be converted into
      a LIBOR Advance on the third Business Day following your receipt of this
      notice.]<F1>

            The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, (A) the making of the Final Advance as requested by this Notice of
Borrowing shall automatically and irrevocably terminate the obligation of the
Primary Liquidity Provider to make further Advances under the Liquidity
Agreement; and (B) following the making by the Primary Liquidity Provider of the
Final Advance requested by this Notice of Borrowing, the Borrower shall not be
entitled to request any further Advances under the Liquidity Agreement.

            IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                        WILMINGTON TRUST COMPANY,
                                          not in its individual capacity but
                                          solely as Subordination Agent,
                                          as Borrower

                                        By:
                                           ------------------------------------
                                           Name:
                                           Title:

-------------------
<F1>
Bracketed language may be included at Borrower's option.

<PAGE>

                 SCHEDULE I TO FINAL ADVANCE NOTICE OF BORROWING

          [Insert copy of computations in accordance with Final Advance
                              Notice of Borrowing]

<PAGE>

                                                                      ANNEX V TO
                                                      REVOLVING CREDIT AGREEMENT

                              NOTICE OF TERMINATION

                                        [Date]

Wilmington Trust Company,
  as Subordination Agent, as Borrower
Rodney Square North
1100 North Market Square
Wilmington, DE 19890-0001

Attention:  Corporate Trust Administration

         Revolving Credit Agreement dated as of March 25, 2002 between
         Wilmington Trust Company, as Subordination Agent, as agent
         and trustee for the Continental Airlines Pass Through Trust,
         2002-1G-1-[O/S], as Borrower, and Landesbank Hessen-Thuringen
         Girozentrale (the "LIQUIDITY AGREEMENT")

Ladies and Gentlemen:

You are hereby notified that pursuant to Section 6.01 of the Liquidity
Agreement, by reason of the occurrence of a Liquidity Event of Default and the
existence of a Performing Note Deficiency (each as defined therein), we are
giving this notice to you in order to cause (i) our obligations to make Advances
(as defined therein) under such Liquidity Agreement to terminate on the fifth
Business Day after the date on which you receive this notice and (ii) you to
request a Final Advance under the Liquidity Agreement pursuant to Section 3.6(i)
of the Intercreditor Agreement (as defined in the Liquidity Agreement) as a
consequence of your receipt of this notice.

<PAGE>

            THIS NOTICE IS THE "NOTICE OF TERMINATION" PROVIDED FOR UNDER THE
LIQUIDITY AGREEMENT. OUR OBLIGATIONS TO MAKE ADVANCES UNDER THE LIQUIDITY
AGREEMENT WILL TERMINATE ON THE FIFTH BUSINESS DAY AFTER THE DATE ON WHICH YOU
RECEIVE THIS NOTICE.

                                       Very truly yours,

                                       LANDESBANK HESSEN-THURINGEN GIROZENTRALE
                                         as Primary Liquidity Provider

                                       By:
                                          -------------------------------------
                                          Name:
                                          Title:

                                       By:
                                          -------------------------------------
                                          Name:
                                          Title:

cc:   Wilmington Trust Company,
         as Class G-1 Trustee

<PAGE>

                                                                     ANNEX VI TO
                                                      REVOLVING CREDIT AGREEMENT

                    NOTICE OF REPLACEMENT SUBORDINATION AGENT

[Date]
Attention:

         Revolving Credit Agreement dated as of March 25, 2002, between
         Wilmington Trust Company, as Subordination Agent, as agent and
         trustee for the Continental Airlines Pass Through Trust,
         2002-1G-1-[O/S], as Borrower, and Landesbank Hessen-Thuringen
         Girozentrale (the "LIQUIDITY AGREEMENT")

Ladies and Gentlemen:

            For value received, the undersigned beneficiary hereby irrevocably
transfers to:

                         ------------------------------
                              [Name of Transferee]

                         ------------------------------
                             [Address of Transferee]

all rights and obligations of the undersigned as Borrower under the Liquidity
Agreement referred to above. The transferee has succeeded the undersigned as
Subordination Agent under the Intercreditor Agreement referred to in the first
paragraph of the Liquidity Agreement, pursuant to the terms of Section 8.1 of
the Intercreditor Agreement.

            By this transfer, all rights of the undersigned as Borrower under
the Liquidity Agreement are transferred to the transferee and the transferee
shall hereafter have the sole rights and obligations as Borrower thereunder. The
undersigned shall pay any costs and expenses of such transfer, including, but
not limited to, transfer taxes or governmental charges.

<PAGE>

            We ask that this transfer be effective as of _______________, ____.

                                       WILMINGTON TRUST COMPANY,
                                         not in its individual capacity but
                                         solely as Subordination Agent,
                                         as Borrower

                                       By:
                                          -------------------------------------
                                          Name:
                                          Title:

<PAGE>

                                   SCHEDULE 1

* Subject to adjustment in accordance with the Following
Business Day Convention (as defined in the Class G-1
Above Cap Liquidity Facility)

      BEGINNING OF INTEREST PERIOD*              CAPPED LIBOR
               Mar 26, 2002                           7.00%
               May 15, 2002                           7.05%
               Aug 15, 2002                           7.15%
               Nov 15, 2002                           7.15%
               Feb 15, 2003                           7.25%
               May 15, 2003                           7.25%
               Aug 15, 2003                           7.40%
               Nov 15, 2003                           7.40%
               Feb 15, 2004                           7.60%
               May 15, 2004                           7.60%
               Aug 15, 2004                           7.85%
               Nov 15, 2004                           7.85%
               Feb 15, 2005                           8.15%
               May 15, 2005                           8.15%
               Aug 15, 2005                           8.50%
               Nov 15, 2005                           8.50%
               Feb 15, 2006                           8.90%
               May 15, 2006                           8.90%
               Aug 15, 2006                           9.35%
               Nov 15, 2006                           9.35%
               Feb 15, 2007                           9.85%
               May 15, 2007                           9.85%
               Aug 15, 2007                          10.35%
               Nov 15, 2007                          10.35%
               Feb 15, 2008                          10.85%
               May 15, 2008                          10.85%
               Aug 15, 2008                          11.40%
               Nov 15, 2008                          11.40%
               Feb 15, 2009                          12.10%
               May 15, 2009                          12.10%
               Aug 15, 2009                          12.65%
               Nov 15, 2009                          12.65%
               Feb 15, 2010                          13.35%
               May 15, 2010                          13.35%
               Aug 15, 2010                          14.10%
               Nov 15, 2010                          14.10%

<PAGE>

               Feb 15, 2011                          14.75%
               May 15, 2011                          14.75%
               Aug 15, 2011                          15.00%
               Nov 15, 2011                          15.00%
               Feb 15, 2012                          15.00%
               May 15, 2012                          15.00%
               Aug 15, 2012                          15.00%
               Nov 15, 2012                          15.00%
               Feb 15, 2013                          15.00%
               May 15, 2013                          15.00%
               Aug 15, 2013                          15.00%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}]]