Document:

Exhibit

Exhibit 10.1
BB&T CORPORATION
2012 INCENTIVE PLAN
LTIP Award Agreement 
(Senior Executive)

	
		
	Name of Participant:
	<<First Name>> <<MI>> <<Last Name>>

	Grant Date:
	February 23, 2016

	Performance Period:
	January 1, 2016 through December 31, 2018

THIS AGREEMENT (the “Agreement”), made effective as of February 23, 2016 (the “Grant Date”), between BB&T CORPORATION, a North Carolina corporation (“BB&T”), and <<First Name>> <<MI>> <<Last Name>>, an Employee (the “Participant”).
RECITALS:
BB&T desires to carry out the purposes of the BB&T Corporation 2012 Incentive Plan, as it may be amended and/or restated (the “Plan”), by affording the Participant a long-term incentive compensation opportunity as hereinafter provided.
In consideration of the foregoing, of the mutual promises set forth below and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:
1.    Incorporation of Plan.  The rights and duties of BB&T and the Participant under this Agreement shall in all respects be subject to and governed by the provisions of the Plan, the terms of which are incorporated herein by reference.  In the event of any conflict between the provisions in the Agreement and those of the Plan, the provisions of the Plan shall govern.  Unless otherwise provided herein, capitalized terms in this Agreement shall have the same definitions as set forth in the Plan.
2.    Performance Award.  Subject to the terms of this Agreement and the Plan, BB&T hereby grants the Participant an LTIP Award (the “Award”) in accordance with the following provisions:
(a)    Performance Period.  The performance period (“Performance Period”) for the Award shall be January 1, 2016 through December 31, 2018.
(b)    Partial Performance Period.  
		
	(i)
	(1)  Death or Disability.  If the Participant ceases to be a Participant in the Plan during the Performance Period due to the Participant’s termination of employment due to death or Disability, the Participant’s Award for the Performance Period shall be payable in accordance with this Agreement, based solely upon the attainment of the Absolute Performance Goal and at least the 

LTIP Sr Exec  010615 v.1

Threshold Level of Achievement as provided in Section 2(c) herein, and prorated to reflect such Participant’s actual number of full months of employment during the Performance Period; provided that, for the avoidance of doubt, in the case of a Change of Control, the Performance Period shall end as of the date of the Change of Control and payment shall be made (for Participants who are not Employees on the date of the Change of Control), within ninety (90) calendar days following a Change of Control as provided in Section 5(b) herein, calculated as provided in Section 2(b)(i)(3) below.  For the avoidance of doubt, the phrase “termination of employment” means a Separation from Service.
(2)    Involuntary Termination Without Cause and Retirement.  If the Participant ceases to be a Participant in the Plan during the Performance Period due to the Participant’s termination of employment (A) involuntarily by the Company and/or its Affiliates without Cause, or (B) due to Retirement, the Participant’s Award for the Performance Period shall be payable in accordance with this Agreement, based solely upon the attainment of the Absolute Performance Goal and at least the Threshold Level of Achievement as provided in Section 2(c) herein, and prorated to reflect such Participant’s actual number of full months of employment during the Performance Period; provided that, for the avoidance of doubt, in the case of a Change of Control, the Performance Period shall end as of the date of the Change of Control and payment shall be made (for Participants who are not Employees on the date of the Change of Control), within ninety (90) calendar days following a Change of Control as provided in Section 5(b) herein, calculated as provided in Section 2(b)(i)(3) below.  A termination shall be for “Cause” if the termination of the Participant’s employment by the Company and/or its Affiliates is on account of the Participant’s (x) dishonesty, theft or embezzlement; (y) refusal or failure to perform the Participant’s assigned duties for BB&T or an Affiliate in a satisfactory manner; or (z) engaging in any conduct that could be materially damaging to BB&T or its Affiliates without a reasonable good faith belief that such conduct was in the best interest of BB&T or any of its Affiliates.  The determination of whether termination is for Cause shall be made by the Administrator (or its designee, to the extent permitted under the Plan), and its determination shall be final and conclusive.  For the avoidance of doubt, the phrase “termination of employment” means a Separation from Service.

(3)    Change of Control.  If, while the Participant is an Employee, there is a Change of Control during the Performance Period, the Performance Period shall, notwithstanding anything to the contrary elsewhere in this Agreement, end upon the date of the 

LTIP Sr Exec  013016 v.1    - 2 -

Change of Control and the Participant’s Award shall be paid within ninety (90) calendar days following a Change of Control as provided in Section 5(b) herein, calculated based on the Participant’s base salary received during the shortened Performance Period (that commenced on January 1, 2016, and ended on the date of the Change of Control) averaged over the original three (3) year Performance Period (“Averaged Base Salary”) as follows:  
(aa)    the Participant’s Averaged Base Salary shall first be multiplied by the Participant’s Target % to arrive at a dollar amount (the “Product”); 
(bb)     the Product shall then be divided by the number of months in the shortened Performance Period to arrive at a dollar amount (the “Quotient”); 
(cc)     provided that the Absolute Performance Goal of Section 2(c)(i)(aa) is met for the completed calendar years during such shortened Performance Period (and if there are no completed calendar years during such shortened Performance Period, the Absolute Performance Goal of Section 2(c)(i)(aa) shall be deemed to be met), Participant’s Award shall be the sum of (1) and (2) as follows (and payable in accordance with Section 5(b) of this Agreement):  (1) for completed calendar year(s) during the shortened Performance Period, an Award amount shall be calculated by multiplying the Quotient by the number of months in the completed calendar year(s) and then by the actual Level of Achievement attained during such completed calendar year(s); and (2) for a partially completed calendar year in which a Change of Control occurs, an Award amount calculated by multiplying the Quotient by the number of months in the partially completed calendar year and then by the Target Level of Achievement.
		
	(ii)
	(1)     For purposes of Section 2(b)(i)(3) above, a “Change of Control” will be deemed to have occurred on the earliest of the following dates:  (A) the date any person or group of persons (as defined in Section 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), together with its affiliates, excluding employee benefit plans of BB&T and its Affiliates, is or becomes, directly or indirectly, the “beneficial owner” (as defined in Rule 13d-3 promulgated under the Exchange Act) of securities of BB&T representing thirty percent (30%) or more of the combined voting power of BB&T’s then outstanding securities; or (B) the date when, as a result of a tender offer or exchange offer for the purchase of securities of BB&T (other than such an offer by BB&T for its own securities), or as a result of a 

LTIP Sr Exec  013016 v.1    - 3 -

proxy contest, merger, consolidation or sale of assets, or as a result of any combination of the foregoing, individuals who at the beginning of any consecutive twelve- (12-) month period during the Performance Period of the Award constituted BB&T’s Board, plus new directors whose election or nomination for election by BB&T’s shareholders is approved by a vote of at least two-thirds of the directors still in office who were directors at the beginning of such twelve- (12-) month period (collectively, the “Continuing Directors”), cease for any reason during such twelve- (12-) month period to constitute at least two-thirds of the members of such board of directors; (C) the date the shareholders of BB&T approve an agreement for the sale or disposition by BB&T of all or substantially all of BB&T’s assets within the meaning of Section 409A; or (D) the date that any one person, or more than one person acting as a group, acquires ownership of stock of BB&T that, together with stock held by such person or group constitutes more than fifty percent (50%) of the total fair market value or total voting power of the stock of BB&T within the meaning of Section 409A.
(2)    Notwithstanding Section 2(b)(i)(3) and (ii)(1) above, the term “Change of Control” shall not include any event that is a “Merger of Equals.”  For purposes of the Plan and this Agreement, the term “Merger of Equals” means any event that would otherwise qualify as a Change of Control if the event (including, if applicable, the terms and conditions of the related agreements, exhibits, annexes, and similar documents) satisfies all of the following conditions as of the date of such event:  (A) the Board of BB&T or, if applicable, a majority of the Continuing Directors has, prior to the change in control event, approved the event; (B) at least fifty percent (50%) of the common stock of the surviving corporation outstanding immediately after consummation of the event, together with at least fifty percent (50%) of the voting securities representing at least fifty percent (50%) of the combined voting power of all voting securities of the surviving corporation outstanding immediately after the event shall be owned, directly or indirectly, by the persons who were the owners, directly or indirectly, of the common stock and voting securities of BB&T immediately before the consummation of such event in substantially the same proportions as their respective direct or indirect ownership immediately before such event of the common stock and voting securities of BB&T, respectively; (C) at least fifty percent (50%) of the directors of the surviving corporation immediately after the event shall be composed of directors who were Directors or Continuing Directors immediately before the event; and (D) the person who was the Chief Executive Officer (“CEO”) of BB&T immediately before the event shall be the CEO 

LTIP Sr Exec  013016 v.1    - 4 -

of the surviving corporation immediately after the event.  If a transaction constitutes a Merger of Equals, then, notwithstanding the provisions of Section 2(b)(i)(3) and (ii)(1) above, the vesting of the Award will not be accelerated due to the Merger of Equals, but the Award shall instead continue to vest, if at all, in accordance with the provisions of Sections 2, 3 and 4 herein.
(c)    Performance Measures for Award.  The pre-established three- (3-) year Performance Period’s Performance Measures (as defined in Section 2(c)(i) below) applicable to the Award, the Participant’s targeted percentage of the Participant’s average base salary during the Performance Period (“Participant’s Target %”), Levels of Achievement, and the potential projected cash payout to the Participant, based upon the Level of Achievement, are as follows:
		
	(i)
	Performance Measures:  

(aa)     Absolute Performance Goal:  The average return on shareholders’ common equity for BB&T during the Performance Period determined in accordance with United States generally accepted accounting principles (“BB&T GAAP ROCE”) must be at least three percent (3%), and if less than three percent (3%) there will not be an Award payout. 
(bb)     Relative Performance Goal:  If the Absolute Performance Goal is achieved, the next Performance Measure shall be BB&T GAAP ROCE relative to the average, by company, return on shareholders’ common equity achieved by each company of the Peer Group during the Performance Period (“Peer Group GAAP ROCE”).  
		
	(ii)
	For purposes of the Relative Performance Goal of the Award, there shall be levels of achievement (“Levels of Achievement”), including, threshold (“Threshold”), target (“Target”), and maximum (“Maximum”).  The Threshold Level of Achievement shall be a BB&T GAAP ROCE of the twenty-fifth (25th) percentile of the Peer Group GAAP ROCE; the Target Level of Achievement shall be a BB&T GAAP ROCE of the fiftieth (50th) percentile of the Peer Group GAAP ROCE; and the Maximum Level of Achievement shall be a BB&T GAAP ROCE of the sixty-second and a half (62.5) percentile of the Peer Group GAAP ROCE.  The Levels of Achievement range from the Threshold Level of Achievement to the Maximum Level of Achievement as illustrated in the Level of Achievement Chart attached hereto as Exhibit A and made a part hereof.  

		
	(iii)
	For avoidance of doubt in the interpretation of the Exhibit A Level of Achievement Chart, there will not be an Award payout if the Threshold Level of Achievement is not attained for the 

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Performance Period.  If the Threshold Level of Achievement is attained for the Performance Period, the Award payout to the Participant will be fifty percent (50%) of the Participant’s Target %.  If the Target Level of Achievement is attained for the Performance Period, the Award payout to the Participant will be one hundred percent (100%) of the Participant’s Target %.  If the Maximum Level of Achievement is attained for the Performance Period, the Award payout to the Participant will be one hundred twenty-five percent (125%) of the Participant’s Target %.  
		
	(iv)
	The projected Award payout to the Participant, if either the Target Level of Achievement or if the Maximum Level of Achievement is attained for the Performance Period, is summarized in the following chart (with certain assumptions concerning the Participant’s base salary for 2016, 2017 and 2018):

	
						
	2016 Base
 Salary1
	2017 Base
 Salary1
	2018 Base
 Salary1
	Participant’s
Target %
	Target Payout (if Target Level of Achievement
 Attained)       
	Maximum Payout (if Maximum Level of Achieve- 
ment is Attained)2

	$________
	$________
	$________
	_______%
	$____________
	$____________3

		
	(v)
	For purposes hereof, the term “Peer Group” means Comerica Incorporated; Fifth-Third Bancorp; Huntington Bancshares, Incorporated; KeyCorp; M&T Bank Corporation; PNC Financial Services Group, Inc.; Regions Financial Corporation; SunTrust Banks, Inc.; U.S. Bancorp; Zions Bancorporation; Wells Fargo & Company; and Citizens Financial Group, Inc.

3.    Vesting of Award.  Subject to the terms of the Plan and the Agreement (including but not limited to the provisions of Sections 2, 4 and 5 herein), the Award shall be 100% vested and earned on January 1, 2019, following the December 31, 2018 expiration of the Performance Period.  The Administrator has sole authority to determine whether and to what degree the Award has vested and is payable and to interpret the terms and conditions of this Agreement and the Plan.
4.    Forfeiture of Award.  Except as may be otherwise provided in the Plan or in this Agreement (including, without limitation, the provisions of Section 2(b) herein), in the event that the employment of the Participant with BB&T or an Affiliate terminates for any reason and the Award has not vested pursuant to Section 3, then the Award, to the extent not vested as of the Participant’s termination of employment date, shall be forfeited immediately upon such termination, and the Participant shall have no further rights with respect to the Award.  The 
________________
		
	 1.
	Solely for illustration purposes, projections assume certain salary increases on April 1st of each year.  Projections do not reflect negative discretion reductions by the Administrator.

		
	2.
	The projected payouts will change based upon the Participant’s actual base salary for 2016, 2017 and 2018.

		
	3.
	Pursuant to the terms of the Plan, in the Administrator’s discretion the Award may be payable in cash, in shares of Common Stock, or in a combination of both.  

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Administrator (or its designee, to the extent permitted under the Plan) shall have sole discretion to determine if a Participant’s rights have terminated pursuant to the Plan and this Agreement, including but not limited to the authority to determine the basis for the Participant’s termination of employment.  The Participant expressly acknowledges and agrees that, except as otherwise provided in this Agreement, the termination of the Participant’s employment shall result in forfeiture of the Award and any underlying payout to the extent the Award has not vested as of the Participant’s termination of employment date.
5.    Award Payout.
(a)    The Award, if at least the Threshold Level of Performance is met, shall be payable, and paid, in cash, shares of Common Stock, or a combination of cash and shares of Common Stock, as determined by the Administrator in its sole discretion.
(b)    Award payout shall, upon vesting of the Award, be made to the Participant (or in the event of the Participant’s death, to the Participant’s beneficiary or beneficiaries) in a lump sum within ninety (90) calendar days following the end of the Performance Period; or if a Change of Control occurs during the Performance Period, payment shall be made in a lump sum within ninety (90) calendar days following the Change of Control (provided that if such ninety- (90-) day period begins in one calendar year and ends in another, the Participant (or the Participant’s beneficiary or beneficiaries) shall not have the right to designate the calendar year of payment).  Notwithstanding the foregoing, if the Participant is or may be a Specified Employee, a distribution due to Separation from Service may not be made until within the thirty- (30-) day period commencing with the first day of the seventh month following the month of Separation from Service, or, if earlier, the date of death of the Participant (with all such payments that otherwise would have been made during such six- (6-) month period to be made during the seventh month following Separation from Service), in each case except as may be otherwise permitted under Section 409A.
6.    No Right to Continued Employment or Service.  Neither the Plan, the grant of the Award, nor any other action related to the Plan shall confer upon the Participant any right to continue in the employment or service of BB&T or an Affiliate or affect in any way with the right of BB&T or an Affiliate to terminate the Participant’s employment or service at any time.  Except as otherwise expressly provided in the Plan or this Agreement or as determined by the Administrator, all rights of the Participant with respect to the Award shall terminate upon termination of the employment or service of the Participant with BB&T or an Affiliate.  The grant of the Award does not create any obligation on the part of BB&T or an Affiliate to grant any further awards.  So long as the Participant shall continue to be an Employee of BB&T or an Affiliate, the Award shall not be affected by any change in the duties or position of the Participant.
7.    Nontransferability of Award and Shares.  The Award, and any Award payout, shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession.  The designation of a beneficiary in accordance with Plan procedures does not constitute a transfer; provided, however, that unless disclaimer provisions are specifically included in a beneficiary designation form accepted by the Administrator, no beneficiary of the Participant may disclaim the Award.

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8.    Superseding Agreement; Binding Effect.  This Agreement supersedes any statements, representations or agreements of BB&T with respect to the grant of the Award or any related rights, and the Participant hereby waives any rights or claims related to any such statements, representations or agreements.  This Agreement does not supersede or amend any existing confidentiality agreement, nonsolicitation agreement, noncompetition agreement, employment agreement or any other similar agreement between the Participant and BB&T or an Affiliate, including, but not limited to, any restrictive covenants contained in such agreements.
9.    Governing Law.  This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina, without regard to the principles of conflicts of law, and in accordance with applicable United States federal laws.
10.    Amendment and Termination; Waiver.  Subject to the terms of the Plan, this Agreement may be amended or terminated only by the written agreement of the parties hereto.  The waiver by BB&T of a breach of any provision of the Agreement by the Participant shall not operate or be construed as a waiver of any subsequent breach by the Participant.  Notwithstanding the foregoing, the Administrator shall have unilateral authority to amend the Plan and this Agreement (without Participant consent) to the extent necessary to comply with applicable law or changes to applicable law (including but in no way limited to Section 409A and federal securities laws), and the Participant hereby consents to any such amendments to the Plan and this Agreement.
11.    Issuance of Shares; Rights as Shareholder.  The Participant and the Participant’s legal representatives, legatees or distributees shall not be deemed to be the holder of any Shares subject to the Award and shall not have any voting rights, dividend rights or other rights of a shareholder unless and until such Shares have been issued to the Participant or them.  No Shares subject to the Award shall be issued at the time of grant of the Award.  Shares subject to the Award shall be issued in the name of the Participant (or, if the Participant is deceased, in the name of the Participant’s beneficiary or beneficiaries) as soon as practicable after, and only to the extent that, the Award has vested and if such distribution is otherwise permitted under the terms of Section 5 herein.  Neither dividends nor dividend equivalent rights shall be granted in connection with the Award, and the Award shall not be adjusted to reflect the distribution of any dividends on the Common Stock (except as may be otherwise provided under the Plan).  No dividends on the Shares shall be payable prior to both (i) the vesting of the Award and (ii) the issuance and distribution of Shares to the Participant.
12.    Withholding; Tax Matters.
(a)    BB&T or an Affiliate shall report all income and withhold all required local, state, federal, foreign income and other taxes and any other amounts required to be withheld by any governmental authority or law from any amount payable in cash with respect to the Award.  Prior to the delivery or transfer of any shares of Common Stock or any other benefit conferred under the Plan, BB&T shall require the Participant to pay to BB&T in cash the amount of any tax or other amount required by any governmental authority to be withheld and paid over by BB&T or an Affiliate to such authority for the account of such recipient.  Notwithstanding the foregoing, the Administrator may establish procedures to permit a recipient to satisfy such obligation in whole or in part, and any local, state, federal, foreign or other income, employment 

LTIP Sr Exec  013016 v.1    - 8 -

and other tax obligations relating to the Award, by electing (the “election”) to have BB&T withhold shares of Common Stock from any shares of Common Stock to which the recipient is entitled.  The number of shares of Common Stock to be withheld shall have a Fair Market Value as of the date that the amount of tax to be withheld is determined as nearly equal as possible to the amount of such obligations being satisfied.  Each election must be made in writing to the Administrator in accordance with election procedures established by the Administrator. 
(b)    BB&T has made no warranties or representations to the Participant with respect to the tax consequences (including but not limited to income tax consequences) related to the Award or the payout, if any, pursuant to the Award, and the Participant is in no manner relying on BB&T or its representatives for an assessment of such tax consequences.  The Participant acknowledges that there may be adverse tax consequences with respect to the Award and that the Participant should consult a tax advisor.  The Participant acknowledges that the Participant has been advised that the Participant should consult with the Participant’s own attorney, accountant, and/or tax advisor regarding the decision to enter into this Agreement and the consequences thereof.  The Participant also acknowledges that BB&T has no responsibility to take or refrain from taking any actions in order to achieve a certain tax result for the Participant.  
13.    Administration.  The authority to construe and interpret this Agreement and the Plan, and to administer all aspects of the Plan, shall be vested in the Administrator, and the Administrator shall have all powers with respect to this Agreement as are provided in the Plan.  Any interpretation of the Agreement by the Administrator and any decision made by it with respect to the Agreement are final and binding on the parties hereto.
14.    Notices.  Any and all notices under this Agreement shall be in writing and sent by hand delivery or by certified or registered mail (return receipt requested and first-class postage prepaid), in the case of BB&T, to its Human Systems Division, 200 West Second Street (27101), PO Box 1215, Winston-Salem, NC  27102, attention:  Human Systems Division Manager, and in the case of the Participant, to the last known address of the Participant as reflected in BB&T’s records.
15.    Severability.  The provisions of this Agreement are severable; and if any one or more provisions may be determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.
16.    Compliance with Laws; Restrictions on Award and Shares of Common Stock.  BB&T may impose such restrictions on the Award and any shares of Common Stock relating to the payout of the Award as it may deem advisable, including without limitation restrictions under the federal securities laws, federal tax laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Award or shares of Common Stock.  Notwithstanding any other provision in the Plan or this Agreement to the contrary, BB&T shall not be obligated to issue, deliver or transfer any shares of Common Stock, make any other distribution of benefits under the Plan, or take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act).  BB&T may cause a restrictive legend or legends to be placed on any certificate for shares of Common Stock 

LTIP Sr Exec  013016 v.1    - 9 -

issued pursuant to the Award in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.
17.    Successors and Assigns.  Subject to the limitations stated herein and in the Plan, this Agreement shall be binding upon and inure to the benefit of the Participant and the Participant’s executors, administrators and permitted transferees and beneficiaries and BB&T and its successors and assigns.
18.    Counterparts, Further Instruments.  This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.  The parties hereto agree to execute such further instruments and to take such further action as may be reasonably necessary to carry out the purposes and intent of this Agreement.
19.    Right of Offset.  Notwithstanding any other provision of the Plan or this Agreement, subject to any applicable laws to the contrary, BB&T may reduce the amount of any benefit or payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to BB&T or an Affiliate that is or becomes due and payable, and the Participant shall be deemed to have consented to such reduction; provided, however, that to the extent Section 409A is applicable, such offset shall not exceed the greater of Five Thousand Dollars ($5,000) or the maximum offset amount then permitted under Section 409A.
20.    Adjustment of Award.  
(a)    The Administrator shall have authority to make adjustments to the terms and conditions of the Award in recognition of unusual or nonrecurring events affecting BB&T or any Affiliate, or the financial statements of BB&T or any Affiliate, or of changes in applicable laws, regulations or accounting principles, if the Administrator determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan or necessary or appropriate to comply with applicable laws, rules or regulations.
(b)    Notwithstanding anything contained in the Plan or elsewhere in this Agreement to the contrary, (i) the Administrator, in order to comply with applicable law (including, without limitation, the Dodd-Frank Wall Street Reform and Consumer Protection Act) and any risk management requirements and/or policies adopted by BB&T, retains the right at all times to decrease or terminate the Award and payments under the Plan, and any and all amounts payable under the Plan or paid under the Plan shall be subject to clawback, forfeiture, and reduction to the extent determined by the Administrator as necessary to comply with applicable law and/or policies adopted by BB&T; and (ii) in the event any legislation, regulation(s), or formal or informal guidance require(s) any compensation payable under the Plan (including, without limitation, the Award) to be deferred, reduced, eliminated, or subjected to vesting, the Award shall be deferred, reduced, eliminated, paid in a different form or subjected to vesting or other restrictions as, and solely to the extent, required by such legislation, regulation(s), or formal or informal guidance.

LTIP Sr Exec  013016 v.1    - 10 -

21.    Award Conditions.  
(a)    Notwithstanding anything in the Plan or this Agreement to the contrary, to the extent that either (i) the Administrator or the Board of Governors of the Federal Reserve System determines that any change to the Plan and/or this Agreement is required, necessary, advisable, or deemed appropriate to improve the risk sensitivity of the Award, whether by (a) adjusting the Award quantitatively or judgmentally based on the risk the Participant’s activities pose to BB&T or an Affiliate; (b) extending the Performance Period for determining the Award; (c) extending the Performance Period and adjusting for actual losses or other performance issues; or (d) otherwise as required by the Administrator or the Federal Reserve System; or (ii) the Administrator or the United States government (including, without limiting any agency thereof) determines that any change to the Plan and/or this Agreement is required, necessary, advisable, or deemed appropriate to comply with any applicable law, regulation, or requirement; then this Agreement and/or the Award shall be automatically amended to incorporate such change, without further action of the Participant, and the Administrator shall provide the Participant notice thereof.
(b)    Notwithstanding anything contained in the Plan or this Agreement to the contrary, to the extent that either the Administrator or the United States government (including, without limitation, any agency thereof) determines that the Award granted to the Participant pursuant to this Agreement is prohibited or substantially restricted by, or subjects BB&T or an Affiliate to any adverse tax consequences that BB&T or an Affiliate is not otherwise subject to on the Grant Date because of, any current or future United States law, any rule, regulation, or other authority, then this Agreement shall automatically terminate effective as of the Grant Date and the Award shall automatically be cancelled as of the Grant Date without further action on the part of the Administrator or the Participant and without any compensation to the Participant for such termination and cancellation.  The Administrator agrees to provide notice to the Participant of any such termination and cancellation.

[Signature Page to Follow]

LTIP Sr Exec  013016 v.1    - 11 -

IN WITNESS WHEREOF, this Agreement has been executed in behalf of BB&T and by the Participant effective as of the Grant Date.

	
	
	BB&T CORPORATION
      
By:      ______________________________
          

	 

	PARTICIPANT

   ___________________________________
<<First Name>> <<MI>> <<Last Name>> 

LTIP Sr Exec  013016 v.1    - 12 -

EXHIBIT A
TO
BB&T CORPORATION
2012 INCENTIVE PLAN
LTIP Award Agreement
(Senior Executive)

(January 1, 2016 through December 31, 2018 Performance Period - 2019 Payout)

1.    Absolute Performance Goal:  The Absolute Performance Goal is an average BB&T GAAP ROCE of three percent (3%) for the Performance Period.

2.    Relative Performance Goal:  If the Absolute Performance Goal is achieved, the Award payout for the Performance Period will then be evaluated by the Administrator against the Peer Group based upon BB&T GAAP ROCE relative to Peer Group GAAP ROCE pursuant to the following:

	
			
	Level of Achievement
	Percentile Performance
(BB&T GAAP ROCE 
Relative to 
Peer Group GAAP ROCE)
	Payout Percent of 
Participant’s Target %

	 
	 
	 

	Threshold
	25th
	50%

	 
	30th
	60%

	 
	35th
	70%

	 
	40th
	80%

	 
	45th
	90%

	Target
	50th
	100%

	 
	55th
	110%

	 
	60th
	120%

	Maximum
	62.5 or greater
	125%

The Administrator has the discretion to decrease Award payouts based on business factors, including but not limited to, industry conditions, performance relative to peers, regulatory developments, and changes in capital requirements.

Straight line interpolation will be used to calculate payout percentages not specifically listed in the “Payout Percent” column above.  For performance that is less than the 25th percentile, the payout percentage is 0%.

LTIP Sr Exec  013016 v.1    A-1Exhibit

	
	
	Supplemental Agreement No. 93

	 

	to

	 

	Purchase Agreement No. 1810

	 

	between

	 

	THE BOEING COMPANY

	 

	and

	 

	SOUTHWEST AIRLINES CO.

	 

	Relating to Boeing Model 737-7H4 and 737-8H4 Aircraft

THIS SUPPLEMENTAL AGREEMENT No. 93 (SA-93) is entered into as of February 2, 2016, by and between THE BOEING COMPANY, a Delaware corporation with principal offices in Seattle, Washington (Boeing) and SOUTHWEST AIRLINES CO., a Texas corporation with principal offices in Dallas, Texas (Buyer).

	
	
	RECITALS:

WHEREAS, Buyer and Boeing entered into Purchase Agreement No. 1810 dated January 19, 1994, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing Model 737-7H4 aircraft (737-7H4 Aircraft) and 737-8H4 aircraft (737-8H4 Aircraft), collectively the “Aircraft”. This SA-93 is an amendment to and is incorporated into the Purchase Agreement.  Capitalized terms used herein but not otherwise defined shall have the meaning set forth in the Purchase Agreement.  The 737-7H4 Aircraft are also defined as “Block 700LUV Aircraft” and the 737-8H4 Aircraft as “Block 800LUV Aircraft”.

WHEREAS, Boeing and Buyer agree to amend the Purchase Agreement by revising the delivery month of two (2) Block 800LUV Aircraft as follows:

	
		
	Prior Delivery Month
	New Delivery Month

	May-2017
	December-2016

	June-2017
	December-2016

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

		
	1.
	TABLE OF CONTENTS.

The Table of Contents is deleted in its entirety and replaced by a new Table of Contents (attached), which lists the Tables and Letter Agreements revised by this SA-93

***Pursuant to 17 CFR 240.24b-2, confidential information has been omitted and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission.

	
			
	P.A. No. 1810
	SA-93-1
	 

	 
	BOEING PROPRIETARY
	 

and is identified by “SA-93”.  Such revised Table of Contents, by this reference, is incorporated in the Purchase Agreement.

		
	2.
	TABLES.

Table 1d, Information Table - Block 800LUV Aircraft (non-ETOPS Configuration), is deleted in its entirety and replaced by a new Table 1d (attached).  The new Table 1d accelerates the scheduled delivery month for one (1) position from May 2017 and one (1) position from June 2017 to two (2) positions in December 2016.

		
	3.
	LETTER AGREEMENTS.

Attachment A to Letter Agreement SWA-PA-1810-LA-1001315R4, ***, is deleted in its entirety and replaced by a new Attachment A (attached).  The new Attachment A updates the delivery month of Aircraft 60 and 61 to December 2016.

		
	4.
	***

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

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

	
		
	THE BOEING COMPANY
	SOUTHWEST AIRLINES CO.

	 
	 

	By: /s/ Jon W. Lewis
	By: /s/ Chris Monroe

	 
	       Chris Monroe

	Its:    Attorney‐In‐Fact   
	Its:  VP, Treasurer__

	
			
	P.A. No. 1810
	SA-93-2
	 

	 
	BOEING PROPRIETARY
	 

	
				
	TABLE OF CONTENTS

	 
	 
	Page
	SA

	 
	 
	Number
	Number

    

ARTICLES

	
				
	1.
	Subject Matter of Sale.................................
	1-1
	SA-92

	 
	 
	 
	 

	2.
	Delivery, Title and Risk
	 
	 

	 
	of Loss...................................................
	2-1
	SA-28

	 
	 
	 
	 

	3.
	Price of Aircraft........................................
	3‐1
	SA-92

	 
	 
	 
	 

	4.
	Taxes....................................................
	4-1
	 

	 
	 
	 
	 

	5.
	Payment................................................
	5‐1
	 

	 
	 
	 
	 

	6.
	Excusable Delay.......................................
	6‐1
	 

	 
	 
	 
	 

	7.
	Changes to the Detail
	 
	 

	 
	Specification...........................................
	7-1
	SA-73

	 
	 
	 
	 

	8.
	Federal Aviation Requirements and
	 
	 

	 
	Certificates and Export License.....................
	8-1
	 

	 
	 
	 
	 

	9.
	Representatives, Inspection,
	 
	 

	 
	Flights and Test Data.................................
	9-1
	 

	 
	 
	 
	 

	10.
	Assignment, Resale or Lease........................
	10‐1
	 

	 
	 
	 
	 

	11.
	Termination for Certain Events.....................
	11‐1
	 

	 
	 
	 
	 

	12.
	Product Assurance; Disclaimer and
	 
	 

	 
	Release; Exclusion of Liabilities;
	 
	 

	 
	Customer Support; Indemnification
	 
	 

	 
	and Insurance..........................................
	12-1
	 

	 
	 
	 
	 

	13.
	Buyer Furnished Equipment and
	 
	 

	 
	Spare Parts.............................................
	13-1
	 

	 
	 
	 
	 

	14.
	Contractual Notices and Requests..................
	14‐1
	 

	 
	 
	 
	 

	15.
	Miscellaneous..........................................
	15‐1
	 

	
			
	P.A. No. 1810
	i
	 

	K/SWA
	 
	SA-93

	
		
	TABLE OF CONTENTS

	 
	SA

	 
	Number

	
					
	TABLE

	 

	1b
	Aircraft Information Table – Block 800LUV Aircraft
	SA-82

	 
	 
	 

	1c
	Aircraft Information Table – Block 800LUV Aircraft
	SA-92

	 
	(non-ETOPS Configuration)

	 

	 
	 
	 

	1d
	Aircraft Information Table – Block 800LUV Aircraft
	SA-93

	 
	(non-ETOPS Configuration)

	 

	 

	EXHIBITS

	 
	 
	 

	A-6
	Aircraft Configuration – Block 800LUV Aircraft
	SA-75

	 
	 
	 

	A-7
	Aircraft Configuration – Block 800LUV Aircraft
	SA-84

	 
	(non-ETOPS Configuration)
	 

	 
	 
	 

	B
	***
	SA-75

	 
	 
	 

	C
	Customer Support Document
	 

	 
	 
	 

	C-2
	737-800 Customer Support Document
	SA-75

	 
	 
	 

	D-2
	Economic Price Adjustment
	SA-75

	 
	ECI-MFG/CPI (July 2011 Base Price)
	 

	 
	 
	 

	E
	Buyer Furnished Equipment
	SA-75

	 
	Provisions Document
	 

	 
	Attachment A – 737-7H4 Aircraft (through 2012)
	 

	 
	Attachment B – 737-8H4 Aircraft (2012-2018)
	SA-92

	 
	 
	 

	F
	Defined Terms Document
	 

LETTER AGREEMENTS

	
			
	1810-1R1
	Waiver of Aircraft Demonstration Flight
	SA-75

	
			
	P.A. No. 1810
	ii
	 

	K/SWA
	 
	SA-93

	
		
	TABLE OF CONTENTS

	 
	SA

	 
	Number

	
						
	RESTRICTED LETTER AGREEMENTS

	 

	6‐1162‐RLL‐932R3
	***
	SA-75

	 
	 
	 

	6‐1162‐RLL‐934R5
	Disclosure of Confidential Information
	SA-75

	 
	 
	 

	6‐1162‐RLL‐941R3
	Other Matters
	SA-75

	 
	 
	 

	6-1162-KJJ-055R1
	Structural Matters
	SA-25

	 
	 
	 

	6-1162-KJJ-056
	Noise and Emission Matters
	SA-13

	 
	 
	 

	6-1162-KJJ-057
	Product Development Matters
	SA-13

	 

	SWA-PA-1810-LA-1001315R4
	***
	 
	SA-92

	 
	Attachment A
	 
	SA-93

	 
	 
	 
	 

	SWA-PA-1810-LA-1003498R1
	***
	 
	SA-75

	 
	 
	 
	 

	SWA-PA-1810-LA-1003490R4
	***
	 
	SA-92

	 
	 
	 
	 

	SWA-PA-1810-LA-1003367R1
	***
	 
	SA-75

	 
	 
	 
	 

	SWA-PA-1810-LA-1105883
	Aircraft Model Substitution
	 
	SA-75

	 

	SWA-PA-1810-LA-1105884R2
	Option Aircraft
	 
	 
	 
	SA-92

	 
	Attachment A – Model 737-8H4 Aircraft
	 
	 
	 
	SA-92

	 
	Attachment B – Option Aircraft Information Table
	 
	 
	 
	SA-92

	
			
	SWA-PA-1810-LA-1105885R3
	***
	SA-90

	
			
	SWA-PA-1810-LA-1105886R2
	***
	SA-92

	 
	 
	 

	 
	 
	 

	SWA-PA-1810-LA-1105887
	***
	SA-75

	 
	 
	 

	 
	 
	 

	SWA-PA-1810-LA-1105888R5
	***
	SA-92

	 
	 
	 

	SWA-PA-1810-LA-1105889
	***
	SA-75

	
			
	SWA-PA-1810-LA-1303010R1
	***
	SA-92

	
			
	SWA-PA-1810-LA-1504814
	***
	SA-92

	
			
	P.A. No. 1810
	iii
	 

	K/SWA
	 
	SA-93

TABLE OF CONTENTS
    

	
		
	ADDITIONAL LETTERS (FOR REFERENCE) – INACTIVE (as of SA-82)

	6-1162-MSA-288
	Business Offer – Enhanced Ground Proximity

	 
	Warning System (EGPWS) – Activiation – Peaks

	 
	and Obstacles Feature

	 
	(Not applicable to Block 700LUV & Block 800LUV Aircraft)

	 

	6-1162-JMG-501R2
	Business Offer – ACARS package

	 
	(Not applicable to Block 700LUV & Block 800LUV Aircraft)

INACTIVE / DELETED TABLES, EXHIBITS, AND LETTER AGREEMENTS

TABLE

	
				
	Table
	Title
	Last Updated under SA
	Current Status

	1
	Aircraft Information Table
	SA-75
	Inactive

	2
	Option Aircraft Information Table
	SA-74
	Deleted under SA-75

	1a
	Aircraft Information Table - Block 700LUV Aircraft

	SA-91
	Deleted under SA-92

EXHIBITS

	
				
	Exhibits
	Title
	Last Updated under SA
	Current Status

	A
	Aircraft Configuration – 737-700
	SA-36
	Inactive

	A-Winglet
	Aircraft Configuration
	SA-36
	Inactive

	A-1-Winglet
	Aircraft Configuration
	SA-36
	Inactive

	A-1A
	Aircraft Configuration - 737-700 Block T-W-2c
	SA-36
	Inactive

	A-2
	Aircraft Configuration - 737-700 Block T-W-2 / T-W-2a
	SA-47
	Inactive

	A-3
	Aircraft Configuration - 737-700 Block T-W-2 / T-W-2a
	SA-61
	Inactive

	A-4
	Aircraft Configuration - 737-700 Block T-W-2b Aircraft
	SA-66
	Inactive

	A-5
	Aircraft Configuration - Block 700LUV Aircraft

	SA-75
	Deleted under SA-92

	C.2
	737-800 Customer Support Variables
	SA-71
	Deleted under SA-75

	D
	Price Adjustment Due to 
Economic Fluctuations – Aircraft Price Adjustment
(July 1992 Base Price)
	 
	Inactive

	D-1
	Price Adjustment Due to Economic Fluctuations – 
	SA-13
	Inactive

	
			
	P.A. No. 1810
	iv
	 

	K/SWA
	 
	SA-93

TABLE OF CONTENTS
    

	
				
	 
	Aircraft Price Adjustment
(July 1992 Base Price)
	 
	 

	E.2
	737-800 Buyer Furnished Equipment Provisions Document
	SA-73
	Deleted under SA-75

RESTRICTED LETTER AGREEMENTS 

	
				
	Letter Agreement
	Title
	Last Updated under SA
	Current Status

	6‐1162‐RLL‐933R21
	Option Aircraft
	SA-60
	Deleted under SA-75

	6‐1162‐RLL‐935R1
	Performance Guarantees
	SA-1
	Inactive

	6‐1162‐RLL‐936R4
	Certain Contractual Matters
	SA-4
	Inactive

	6‐1162‐RLL‐937
	Alternate Advance Payment Schedule
	 
	Inactive

	6‐1162‐RLL‐938
	***
	 
	Inactive

	6‐1162‐RLL‐939R1
	Certification Flight Test Aircraft
	SA-1
	Inactive

	6‐1162‐RLL‐940R1
	Training Matters
	SA-1
	Inactive

	6‐1162‐RLL‐942
	Open Configuration Matters
	 
	Inactive

	6‐1162‐RLL‐943R1
	Substitution Rights
	SA-6
	Deleted under SA 75

	6‐1162‐RLL‐944
	***

	 
	Inactive

	6-1162-RLL-945
	Comparison of 737-7H4 and 737-3H4 Block Fuel Burn
	 
	Inactive

	6-1162-RLL-1855R3
	Additional Contractual Matters
	SA-4
	Inactive

	6-1162-RLL-1856
	***
	SA-1
	Inactive

	6-1162-RLL-1857
	Service Ready Validation Program Field Test
	SA-1
	Inactive

	6-1162-RLL-1858R1
	Escalation Matters
	SA-4
	Inactive

	6-1162-RLL-2036
	Amortization of Costs for Customer Unique Changes
	SA-1
	Inactive

	6-1162-RLL-2037
	Reconciliation of the Aircraft Basic Price
	SA-1
	Inactive

	6-1162-RLL-2073
	Maintenance Training Matters
	SA-1
	Inactive

	6-1162-KJJ-058R1
	Additional Substitution Rights
	SA-71
	Deleted under SA-75

	6-1162-KJJ-150
	Flight Control Computer & Mode Control Panel Spares Matter
	SA-14
	Inactive

	6-1162-MSA-185R3
	Delivery Change Contractual Matters
	SA-21
	Inactive

	 
	 
	 
	 

	
			
	P.A. No. 1810
	v
	 

	K/SWA
	 
	SA-93

TABLE OF CONTENTS
    

	
				
	Letter Agreement
	Title
	Last Updated under SA
	Current Status

	6-1162-JMG-747R1
	***
	SA-36
	Inactive

	6-1162-CHL-217
	Rescheduled Flight Test Aircraft
	SA-32
	Inactive

	6-1162-NIW-606R1
	***

	SA-36
	Inactive

	6-1162-NIW-640
	Early Delivery of Two April 2004  Aircraft
	SA-35
	Inactive

	6-1162-NIW-889
	Warranty - Exterior Color Schemes and Markings for YA143 and on
	SA-39
	Inactive

	6-1162-NIW-1142
	***

	SA-43
	Inactive

	6-1162-NIW-1369
	***

	SA-46
	Inactive

	6-1162-NIW-1983
	***
	SA-62
	Inactive

	SWA-PA-1810-LA-1000419
	***

	SA-64
	Inactive

	6-1162-NIW-890R1
	***

	SA-75

SA-39
	Inactive

	6-1162-KJJ-054R2
	Business Matters
	SA-75
	Inactive

	6-1162-JMG-669R9
	***

	SA-75

SA-75
SA-54
	Inactive

	SWA-PA-1810-LA-02710R1
	***

	SA-72
	Inactive

	SWA-PA-01810/03729-LA-1301169
	***

	SA-2 to PA 3729
	Inactive

	
			
	P.A. No. 1810
	vi
	 

	K/SWA
	 
	SA-93

	
	
	Table 1d To

	Purchase Agreement No. PA-01810

	Aircraft Delivery, Description, Price and Advance Payments

	Block 800LUV Aircraft (non-ETOPS Configuration)

	
					
	Airframe Model/MTOW: 
	737-800 
	174,200 pounds 
	Detail Specification: 
	D019A001SWA38 (1/9/2015)

	
						
	Engine Model/Thrust: 
	CFM56-7B27 
	27,300 pounds 
	Airframe Price Base Year/Escalation  Formula: 
	Jul-11 
	ECI-MFG/CPI

	
						
	Airframe Price: 
	***
	 
	Engine Price Base Year/Escalation  Formula: 
	N/A 
	N/A

	
			
	Optional Features: 
	***
	 

	
				
	Sub-Total of Airframe and Features: 
	***
	 
	Airframe Escalation Data:

	
					
	Engine Price (Per Aircraft): 
	***
	 
	Base Year Index (ECI): 
	***

	
					
	Aircraft Basic Price (Excluding BFE/SPE): 
	***
	 
	Base Year Index (CPI): 
	***

	
			
	Buyer Furnished Equipment (BFE) Estimate: 
	***
	 

	 
	 

	Seller Purchased Equipment (SPE) Estimate: 
	***
	 

	
			
	Deposit per Exercised Option Aircraft (OPEX): 
	***
	 

	
										
	

Delivery

Date
	

Number of

Aircraft
	

Escalation

Factor

(Airframe)
	

Aircraft

Serial

Number
	 
	

Escalation Estimate

Adv Payment Base

Price Per A/P
	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	

At Signing

***
	

24 Mos.

***
	

21/18/12/9/6 Mos.

***
	

Total

***

	Dec-2016
	2
	***
	 
	OPEX
	***
	***
	***
	***
	***

	May-2017
	1
	***
	 
	OPEX
	***
	***
	***
	***
	***

	Jul-2017
	1
	***
	 
	 
	***
	***
	***
	***
	***

	Jul-2017
	2
	***
	 
	OPEX
	***
	***
	***
	***
	***

	Sep-2017
	5
	***
	 
	 
	***
	***
	***
	***
	***

	Oct-2017
	3
	***
	 
	 
	***
	***
	***
	***
	***

	Oct-2017
	1
	***
	 
	OPEX
	***
	***
	***
	***
	***

	Nov-2017
	2
	***
	 
	 
	***
	***
	***
	***
	***

	Nov-2017
	2
	***
	 
	OPEX
	***
	***
	***
	***
	***

	Dec-2017
	2
	***
	 
	 
	***
	***
	***
	***
	***

	Dec-2017
	4
	***
	 
	OPEX
	***
	***
	***
	***
	***

	Jan-2018
	2
	***
	 
	 
	***
	***
	***
	***
	***

	Feb-2018
	2
	***
	 
	 
	***
	***
	***
	***
	***

	
			
	 
	 
	SA-93

	SWA-PA-01810 82233-1F.TXT
	Boeing Proprietary
	Page 1

	
	
	Table 1d To

	Purchase Agreement No. PA-01810

	Aircraft Delivery, Description, Price and Advance Payments

	Block 800LUV Aircraft (non-ETOPS Configuration)

	
										
	

Delivery

Date
	

Number of

Aircraft
	

Escalation

Factor

(Airframe)
	

Aircraft

Serial

Number
	 
	

Escalation Estimate

Adv Payment Base

Price Per A/P
	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	

At Signing

***
	

24 Mos.

***
	

21/18/12/9/6 Mos.

***
	

Total

***

	May-2018
	2
	***
	 
	 
	***
	***
	***
	***
	***

	Jun-2018
	2
	***
	 
	 
	***
	***
	***
	***
	***

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Total:
	33
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Notes:

	 
	 
	 
	 
	 
	 
	 
	 
	 

	1) ***
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	
			
	 
	 
	SA-93

	SWA-PA-01810 82233-1F.TXT
	Boeing Proprietary
	Page 2

	
	
	Attachment A to SWA-PA-1810-LA1001315R4

	Page 1 of 2

	
							
	 ***

	 

	 

	Letter Agmt SWA-PA-1810-LA-1001315R4; paragraph 3.3

	No.
	Model
	Aircraft Block
	MSN's
	Current Delivery Mo.
	Base Year
	***

	1
	737-700
	T-W-2b
	36962
	July-11
	1999
	***

	2
	737-700
	T-W-2b
	36963
	July-11
	1999
	***

	3
	737-700
	T-W-2b
	36965
	August-11
	1999
	***

	4
	737-700
	T-W-2b
	36967
	October-11
	1999
	***

	5
	737-800
	800LUV
	36980
	March-12
	2011
	***

	6
	737-800
	800LUV
	36983
	April-12
	2011
	***

	7
	737-800
	800LUV
	36985
	May-12
	2011
	***

	8
	737-800
	800LUV
	36987
	May-12
	2011
	***

	9
	737-800
	800LUV
	36990
	July-12
	2011
	***

	10
	737-800
	800LUV
	36992
	August-12
	2011
	***

	11
	737-800
	800LUV
	36994
	September-12
	2011
	***

	12
	737-800
	800LUV
	37003
	November-12
	2011
	***

	13
	737-800
	800LUV
	37009
	December-12
	2011
	***

	14
	737-800
	800LUV
	36973
	March-13
	2011
	***

	15
	737-800
	800LUV
	36998
	March-13
	2011
	***

	16
	737-800
	800LUV
	36908
	April-13
	2011
	***

	17
	737-800
	800LUV
	36933
	September-13
	2011
	***

	18
	737-800
	800LUV
	42526
	November-13
	2011
	***

	19
	737-800
	800LUV
	37004
	March-14
	2011
	***

	20
	737-800
	800LUV
	42521
	May-14
	2011
	***

	21
	737-800
	800LUV
	42522
	June-14
	2011
	***

	22
	737-800
	800LUV
	60082
	June-14
	2011
	***

	23
	737-800
	800LUV
	60083
	June-14
	2011
	***

	24
	737-800
	800LUV
	42523
	June-14
	2011
	***

	25
	737-800
	800LUV
	60084
	July-14
	2011
	***

	26
	737-800
	800LUV
	60085
	July-14
	2011
	***

	27
	737-800
	800LUV
	60086
	July-14
	2011
	***

	28
	737-800
	800LUV
	42524
	December-14
	2011
	***

	29
	737-800
	800LUV
	42525
	August-14
	2011
	***

	30
	737-800
	800LUV
	36935
	August-14
	2011
	***

	31
	737-800
	800LUV
	42527
	September-14
	2011
	***

	32
	737-800
	800LUV
	42528
	August-14
	2011
	***

	33
	737-800
	800LUV
	42531
	September-14
	2011
	***

	34
	737-800
	800LUV
	36909
	September-14
	2011
	***

	35
	737-800
	800LUV
	42529
	December-14
	2011
	***

	36
	737-800
	800LUV
	42530
	December-14
	2011
	***

	37
	737-800
	800LUV
	37045
	December-14
	2011
	***

	38
	737-800
	800LUV
	37037
	December-14
	2011
	***

	39
	737-800
	800LUV
	42535
	January-15
	2011
	***

	40
	737-800
	800LUV
	36940
	November-15
	2011
	***

	41
	737-800
	800LUV
	36938
	May-16
	2011
	 

	42
	737-800
	800LUV
	36939
	May-16
	2011
	 

	43
	737-800
	800LUV
	36945
	July-16
	2011
	 

	44
	737-800
	800LUV
	36977
	September-16
	2011
	 

	45
	737-800
	800LUV
	42532
	January-17
	2011
	 

	46
	737-800
	800LUV
	36910
	January-17
	2011
	 

	47
	737-800
	800LUV
	36970
	February-17
	2011
	 

	48
	737-800
	800LUV
	36969
	February-17
	2011
	 

	
			
	 
	BOEING PROPRIETARY
	SA-93

	
	
	Attachment A to SWA-PA-1810-LA1001315R4

	Page 2 of 2

	
							
	49
	737-800
	800LUV
	36972
	March-17
	2011
	 

	50
	737-800
	800LUV
	36927
	April-17
	2011

	51
	737-800
	800LUV
	36974
	April-17
	2011

	52
	737-800
	800LUV
	36925
	November-16
	2011
	*

	53
	737-800
	800LUV
	36975
	December-16
	2011
	*

	54
	737-800
	800LUV
	36976
	December-16
	2011
	*

	55
	737-800
	800LUV
	36926
	January-18
	2011
	 

	56
	737-800
	800LUV
	42533
	February-18
	2011
	 

	57
	737-800
	800LUV
	42545
	February-18
	2011
	 

	58
	737-800
	800LUV
	42534
	March-18
	2011
	 

	59
	737-800
	800LUV
	tbd
	May-17
	2011
	 

	60
	737-800
	800LUV
	tbd
	December-16
	2011
	**

	61
	737-800
	800LUV
	tbd
	December-16
	2011
	**

	62
	737-800
	800LUV
	tbd
	July-17
	2011
	 

	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 

	*Accelerated in SA-92

	**Accelerated in SA-93

	
			
	 
	BOEING PROPRIETARY
	SA-93

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00257-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00257-of-00352.parquet"}]]