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Exhibit 10.1

NEW LENDER SUPPLEMENT

SUPPLEMENT, dated as of September 10, 2021, to the Second Amended and Restated Credit Agreement, dated as of May 5, 2014, as amended by the First Amendment dated as of June 1, 2015, by the Second Amendment dated as of May 27, 2016, by the Third Amendment dated as of May 2, 2017, by the Fourth Amendment dated as of May 2, 2018, by the Fifth Amendment dated as of May 3, 2019, by the Sixth Amendment and Extension Agreement, dated as of April 29, 2021, and as further amended, supplemented or otherwise modified from time to time (the “Credit Agreement”) among AIR LEASE CORPORATION, a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), and JPMORGAN CHASE BANK, N.A., as administrative agent (the “Administrative Agent”).

W I T N E S S E T H:

WHEREAS, the Credit Agreement provides in Section 2.1(c) thereof that any bank, financial institution or other entity may become a party to the Credit Agreement with the consent of the Borrower and the Administrative Agent (which consent of the Administrative Agent shall not be unreasonably withheld) by executing and delivering to the Borrower and the Administrative Agent a supplement to the Credit Agreement in substantially the form of this Supplement; and

WHEREAS, the undersigned now desires to become a party to the Credit Agreement;

NOW, THEREFORE, the undersigned hereby agrees as follows:

    1.  The undersigned agrees to be bound by the provisions of the Credit Agreement, and agrees that it shall, on the date this Supplement is accepted by the Borrower and the Administrative Agent (or on such other date as may be agreed upon among the undersigned, the Borrower and the Administrative Agent), become a Lender for all purposes of the Credit Agreement to the same extent as if originally a party thereto, with a Commitment of $50,000,000.

    2.  The undersigned (a) represents and warrants that it is legally authorized to enter into this Supplement; (b) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements most recently delivered pursuant to Sections 6.1(a) and (b) thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Supplement; (c) agrees that it has made and will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement or any instrument or document furnished pursuant hereto or thereto; (d) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under the Credit Agreement or any instrument or document furnished pursuant hereto or thereto as are delegated to the Administrative Agent by the terms thereof, together with such powers as are incidental thereto; and (e) agrees that it will be bound by the provisions of the Credit Agreement and will perform in accordance with its terms all the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender including, without limitation, if it is organized under the laws of a jurisdiction outside the United States, its obligation pursuant to Section 2.15(e) of the Credit Agreement.

    3.  The undersigned hereby confirms and agrees that the Termination Date in respect of its Commitment is May 5, 2025.

    4.  The address for notices for the undersigned for the purposes of the Credit Agreement is as follows:

UMB Bank
1010 Grand Blvd
Kansas City, MO 64106
Attention: Cory Miller
Telephone: 816-860-7177
Email: cory.miller@umb.com

    5.  Terms defined in the Credit Agreement shall have their defined meanings when used herein.  

    6. Any signature to this Supplement may be delivered by facsimile, electronic mail (including pdf), DocuSign or any electronic signature complying with the U.S. federal ESIGN Act of 2000 or the New York Electronic Signature and Records Act or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes to the fullest extent permitted by applicable law.  For the avoidance of doubt, the foregoing also applies to any amendment, extension or renewal of this Supplement.

IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a duly authorized officer on the date first above written.

UMB BANK    

									
	By:	/s/ Cory Miller	
		Name: Cory Miller	
		Title:   Senior Vice President	

[Signature Page to UMB Bank New Lender Supplement]
        

Accepted and agreed to as of 
the date first written above:

AIR LEASE CORPORATION

									
	By:	/s/ Gregory B. Willis	
		Name: Gregory B. Willis	
		Title:   Executive Vice President and Chief Financial Officer

[Signature Page to UMB Bank New Lender Supplement]

Accepted and agreed to as of 
the date first written above:

JPMORGAN CHASE BANK, N.A. as Administrative Agent

									
	By:	/s/ Cristina Caviness	
		Name: Cristina Caviness	
		Title:   Executive Director	

[Signature Page to UMB Bank New Lender Supplement]Document

EXHIBIT 10.2

CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT BOTH CUSTOMARILY AND ACTUALLY TREATS AS PRIVATE AND CONFIDENTIAL.

AMENDMENT AND RESTATEMENT AGREEMENT OF

LETTER AGREEMENT N°2 TO AMENDMENT N°10

TO THE A330-900neo PURCHASE AGREEMENT

BETWEEN

AIRBUS S.A.S. 
as Seller

and

AIR LEASE CORPORATION
as Buyer

									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 1/8

This amendment and restatement agreement of Letter Agreement N°2 to Amendment N°10 to the Purchase Agreement (hereinafter referred to as the "Restatement Agreement") is entered into as of July _7th__, 2021, between 
AIRBUS S.A.S., a Société par Actions Simplifée organised and existing under the laws of the Republic of France, having its registered office at 2, Rond-Point Emile Dewoitine, 31700 Blagnac, France (the "Seller"), 
and 
AIR LEASE CORPORATION, a corporation organised and existing under the laws of the State of Delaware, U.S.A, having its principal place of business at 2000 Avenue of the Stars, Suite 1000N, Los Angeles, California 90067, U.S.A (the “Buyer”).
The Buyer and the Seller together are referred to as the “Parties”.
WHEREAS:

A.On 03 March 2015, the Buyer and the Seller entered into a purchase agreement with reference CLC-CT1405166 for the manufacture and sale by the Seller and purchase by the Buyer of twenty-five (25) A330-900neo aircraft hereinafter together with its Exhibits and Letter Agreements referred to as the “Purchase Agreement”.

B.On 31 May 2016, the Buyer and the Seller entered into Amendment N°1 to the Purchase Agreement with reference CLC-CT1614983 whereby the Buyer [*].

C.On 19 June 2017, the Buyer and the Seller entered into Amendment N°2 to the Purchase Agreement with reference CLC-CT1702508 for the manufacture and sale by the Seller and purchase by the Buyer of two (2) incremental A330-900neo Aircraft.

D.On 02 October 2017, the Buyer and the Seller entered into Amendment N°3 to the Purchase Agreement with reference CLC-CT1705177 in order to [*].

E.On 27 December 2017, the Buyer and the Seller entered into Amendment N°4 to the Purchase Agreement with reference CLC-CT1709653 for the manufacture and sale by the Seller and purchase by the Buyer of two (2) incremental A330-900neo Aircraft.

F.On 31 December 2018, the Buyer and the Seller entered into Amendment N°5 to the Purchase Agreement with reference CLC-CT1709653 in order [*].

G.On 27 February 2019, the Buyer and the Seller entered into Amendment N°6 to the Purchase Agreement with reference CLC-CT1901550 in order to [*].

H.On 08 August 2019, the Buyer and the Seller entered into Amendment N°7 to the Purchase Agreement with reference CT1902127 in order to [*].

I.On 18 October 2019, the Buyer and the Seller entered into Amendment N°8 to the Purchase Agreement with reference CT1905423 in order to [*].

J.On 20 December 2019, the Buyer and the Seller entered into Amendment N°9 to the Purchase Agreement with reference CT1909530 in order to [*].

K.On 14 June 2020, the Buyer and the Seller entered into Amendment N°10 to the Purchase Agreement with reference CT2001904 in order to [*].
									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 2/8

L.On 31 August 2020, the Buyer and the Seller entered into Amendment N°11 to the Purchase Agreement with reference CT2004261 in order to [*].

M.On 02 October 2020, the Buyer and the Seller entered into Amendment N°12 to the Purchase Agreement with reference CT2007192 in order to [*].

N.On 24 December 2020, the Buyer and the Seller entered into Amendment N°13 to the Purchase Agreement with reference CT2009708 in order to [*].

The Purchase Agreement, as amended and supplemented pursuant to the foregoing being referred to as the “Agreement”.

O.The Parties now wish to to amend and restate the Original Letter Agreement (as such term is defined herein) in order to cancel and replace clause 1.1 and clause 1.6 of such Original Letter Agreement.

    
NOW IT IS HEREBY AGREED AS FOLLOWS:

									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 3/8

1DEFINITIONS AND INTERPRETATION
1.1Except as otherwise defined in this Restatement Agreement, all words and expressions defined in the Revised Letter Agreement (including definitions incorporated by reference to another document) shall have the same respective meanings when used in this Restatement Agreement.
1.2In this Restatement Agreement, the following words and expressions shall, except where the context otherwise requires, have the following respective meanings:
Original Letter Agreement means the Letter Agreement N°2 to Amendment N°10 to the Purchase Agreement, dated 14 June 2020 and entered into between the Buyer and the Seller.
Revised Letter Agreement means the Original Letter Agreement, as amended and restated pursuant to this Restatement Agreement.
Restatement Agreement means this amendment and restatement agreement (including the Schedule 1).

2AMENDMENT AND RESTATEMENT

With effect from the date of this Restatement Agreement, the Original Letter Agreement shall be amended and restated in the form set out in Schedule 1 to this Restatement Agreement.

3MISCELLANEOUS

The terms “herein”, “hereof” and “hereunder” and words of similar import refer to this Restatement Agreement. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the Agreement.

4.    INCONSISTENCY AND CONFIDENTIALITY

4.1In the event of any inconsistency between the terms and conditions of the Agreement and those of this Restatement Agreement, the latter shall prevail to the extent of such inconsistency, whereas the part of the Agreement not concerned by such inconsistency shall remain in full force and effect.

4.2This Restatement Agreement reflects the understandings, commitments, agreements, representations and negotiations related to the matters set forth herein whatsoever, oral and written, and may not be varied except by an instrument in writing of even date herewith or subsequent hereto executed by the duly authorised representatives of both Parties.

4.3This Restatement Agreement shall be treated by both Parties as confidential and shall not be released in whole or in part to any third party without the prior consent of the other Party except as may be required by law, or to professional advisors for the implementation hereof.

5.    COUNTERPARTS
									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 4/8

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

6.    LAW AND JURISDICTION 

This Restatement Agreement is governed by and shall be construed in accordance with the laws of the State of New York.

The provisions of Clause 22.6 of the Agreement shall apply to this Restatement Agreement as if the same were set out in full herein, mutatis mutandis.

									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 5/8

SCHEDULE 1 

FORM OF AMENDED AND RESTATED LETTER AGREEMENT N°2 

TO AMENDMENT N°10 TO PURCHASE AGREEMENT 

AIR LEASE CORPORATION
2000 Avenue of the Stars, Suite 1000N
Los Angeles, California 90067, U.S.A.
June 14th, 2020

Subject  : SPECIFIC SUPPORT PROVISIONS

AIR LEASE CORPORATION (the “Buyer") and AIRBUS S.A.S. (the “Seller") have entered into an Amendment N°10 dated even date herewith (the “Amendment”) to the A330neo Purchase Agreement dated as of March 03, 2015 (the “Agreement”), [*]. The Buyer and the Seller have agreed to set forth in this Letter Agreement N°2 to the Amendment (the “Letter Agreement”) certain additional terms and conditions regarding the A330neo Aircraft as described in the Agreement.

Capitalized terms used herein and not otherwise defined in this Letter Agreement shall have the meanings assigned thereto in the Agreement and the Amendment.

The Parties agree that this Letter Agreement, upon execution thereof, shall constitute an integral, non-severable part of the Amendment, that the provisions of the Amendment are hereby incorporated herein by reference, and that if the Agreement, the Amendment and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern. 

									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 6/8

1.1    [*]
1.2    [*]
1.3    [*]
1.4     [*]
1.5    [*] 
1.6    [*]

2    ASSIGNMENT

The provisions of Clause 21 of the Agreement shall apply to this Letter Agreement as if the same were set out in full herein, mutatis mutandis. 

3    LAW AND JURISDICTION

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

The other provisions of Clause 22.6 of the Purchase Agreement shall apply to this Letter Agreement as if the same were set out in full herein, mutatis mutandis.

									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 7/8

IN WITNESS WHEREOF this Restatement Agreement was entered into the day and year first above written.

									
	For and on behalf of
		For and on behalf of

			
			
			
			
			
			
	AIR LEASE CORPORATION
		AIRBUS S.A.S

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

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

									
	ALC A330-900neo Purchase Agreement – Amendment and Restatement Agreement of Letter Agreement N°2 to Amendment N°10 

	Ref. CLC – CT2103997
		        Page 8/8

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