Document:

Document

INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.

AMENDED AND RESTATED LETTER AGREEMENT NO. 4

As of July 30, 2020

Delta Air Lines, Inc.
1050 Delta Boulevard
Atlanta, Georgia 30320

Re: [***]

Dear Ladies and Gentlemen, 

Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A330-900 Aircraft and A350-900 Aircraft Purchase Agreement dated November 24, 2014 as amended, modified or supplemented from time to time, including on the date hereof (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.  

This amended and restated Letter Agreement No. 4 (hereinafter referred to as the “Letter Agreement No. 4”), dated as of the date hereof, cancels and replaces the amended and restated Letter Agreement No. 4 entered into between the Buyer and the Seller on March 31, 2020.

The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 4 certain additional terms and conditions regarding the sale of the Aircraft.  Capitalized terms used herein and not otherwise defined in this Letter Agreement No. 4 have the meanings assigned thereto in the Agreement.  The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement No. 4.

Both parties agree that this Letter Agreement No. 4 shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement No. 4 shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement No. 4 have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement No. 4 shall govern.

1.[***]
The Seller hereby grants to the Buyer the [***]:
CT1404840 LA 4 [***]    LA 4 - 1
PRIVILEGED AND CONFIDENTIAL    

1.1    [***]
1.1.1    [***]
1.1.2    Intentionally Left Blank
1.2    A350-900 [***]
1.2.1    [***]
1.2.2    2014 [***]
1.2.3    Intentionally Deleted
1.2.4    [***]
1.2.5    [***]

1.3    General provisions applicable to [***]
2    [***]
 
3    ASSIGNMENT
This Letter Agreement No. 4 and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.

4    CONFIDENTIALITY
This Letter Agreement No. 4 is subject to the terms and conditions of Clause 22.7 of the Agreement.

5    COUNTERPARTS
This Letter Agreement No. 4 may be executed by the parties hereto 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. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).

CT1404840 LA 4 [***]    LA 4 - 2
PRIVILEGED AND CONFIDENTIAL    

If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.

Very truly yours,

AIRBUS S.A.S.

By:  /s/ Benoit de Saint-Exupéry
Title: Senior Vice President, Contracts
   

Accepted and Agreed

DELTA AIR LINES, INC.

By:  /s/Mahendra R. Nair
Title: Senior Vice President – Fleet & Tech Ops Supply Chain
 
                   

CT1404840 LA 4 [***]    
PRIVILEGED AND CONFIDENTIALDocument

INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.

AMENDMENT NO. 2

to

AIRBUS A321 NEO AIRCRAFT PURCHASE AGREEMENT

Dated as of December 15, 2017

between

AIRBUS S.A.S.

and

DELTA AIR LINES, INC.

This Amendment No. 2 (this “Amendment”), is dated as of July 30, 2020, by and between AIRBUS S.A.S., a société par actions simplifée organized and existing under the laws of the Republic of France, having its registered office located at 2, rond-point Emile Dewoitine, 31700 Blagnac, France (the “Seller”) and DELTA AIR LINES, INC., a corporation organized and existing under the laws of the State of Delaware, United States of America, having its corporate office located at 1050 Delta Boulevard, Atlanta, Georgia 30320, USA (the “Buyer”).

WHEREAS, the Buyer and the Seller entered into the Airbus A321 NEO Aircraft Purchase Agreement dated as of December 15, 2017, as amended, modified or supplemented from time to time (the “Agreement”), which covers the sale by the Seller and the purchase by the Buyer of one hundred (100) A321 NEO Aircraft; 

WHEREAS, the Buyer and the Seller wish to amend the delivery schedule of the Agreement and associated terms herewith. 

NOW THEREFORE, SUBJECT TO THE TERMS AND CONDITIONS SET FORTH HEREIN, IT IS AGREED AS FOLLOWS:

The capitalized terms used herein and not otherwise defined in this Amendment will have the meanings assigned to them in the Agreement. The terms “herein,” “hereof,” and “hereunder” and words of similar import refer to this Amendment.

 
1.DELIVERY SCHEDULE
1.1 The Parties agree to defer the Scheduled Delivery Period [***].

CT1707017 AMD 2 to the A321 NEO PA        1
PRIVILEGED AND CONFIDENTIAL

[***]
As a result of the foregoing, Clause 9.1.1 of the Agreement is hereby deleted in its entirety and is replaced with the following:

“9.1.1  Subject to the provisions of the Agreement, the Seller shall have the Aircraft Ready for Delivery at the Delivery Location, and the Buyer shall accept the same, during the quarters or months set month in the table below (each as applicable, a “Scheduled Delivery Quarter or “Scheduled Delivery Month,” together a “Scheduled Delivery Period”).

[***]

9.1.2    Not later than [***] prior to the start of the relevant Scheduled Delivery Quarter, the Seller shall give the Buyer notice of the anticipated month within the Scheduled Delivery Quarter during which each Aircraft shall be Ready for Delivery [***].” 

[***].”

1.2    For the avoidance of doubt, the Parties agree that [***]. 

2.[***]
[***] 

3.LETTER AGREEMENTS
Letter Agreement No. 3 to the Agreement is deleted and replaced with the Amended and Restated Letter Agreement No. 3 dated as of even date herewith. 

4.EFFECT OF THE AMENDMENT
(a) the Agreement will be deemed amended to the extent herein provided, and, except as specifically amended hereby, will continue in full force and effect in accordance with its original terms, 
(b) this Amendment will supersede any previous understandings, commitments, or representations whatsoever, whether oral or written, related to the subject matter of this Amendment, and 
(c) both Parties agree that this Amendment will constitute an integral, nonseverable part of the Agreement and be governed by its provisions, except that if the Agreement and this Amendment have specific provisions that are inconsistent, the specific provisions contained in this Amendment will govern.
5.CONFIDENTIALITY

CT1707017 AMD 2 to the A321 NEO PA        2
PRIVILEGED AND CONFIDENTIAL

This Amendment and its existence shall be treated by each Party as confidential subject to the terms and conditions of Clause 22.7 of the Agreement.

6.GOVERNING LAW
THIS AMENDMENT AND THE AGREEMENTS CONTEMPLATED HEREIN WILL BE GOVERNED BY AND CONSTRUED AND THE PERFORMANCE THEREOF WILL BE DETERMINED IN ACCORDANCE WITH THE PROVISIONS OF CLAUSE 22.6 OF THE AGREEMENT.

It is agreed that the United Nations convention on contracts for the international sale of goods will not apply to this amendment.

7.ASSIGNMENT
This Amendment and the rights and obligations of the Parties will be subject to the provisions of Clause 19 of the Agreement.

8.COUNTERPARTS
This Amendment may be executed by the parties hereto in separate counterparts, each of which when so executed shall be an original, but all such counterparts shall together constitute one and the same instrument. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).
 

CT1707017 AMD 2 to the A321 NEO PA        3
PRIVILEGED AND CONFIDENTIAL

IN WITNESS WHEREOF, the parties have caused this Amendment No. 2 to be signed by their duly authorizes officers thereunto as of the date first above written.

Very truly yours,

AIRBUS S.A.S.

By:  /s/ Benoit de Saint-Exupéry
Title: Senior Vice President, Contracts    

Accepted and Agreed

DELTA AIR LINES, INC.

By:  /s/Mahendra R. Nair
Title: Senior Vice President – Fleet & Tech Ops Supply Chain    

CT1707017 AMD 2 to the A321 NEO PA        1
PRIVILEGED AND CONFIDENTIALDocument

INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.

AMENDED AND RESTATED
     LETTER AGREEMENT NO. 3

As of July 30, 2020

Delta Air Lines, Inc.
1050 Delta Boulevard
Atlanta, Georgia 30320

Re: [***]

Dear Ladies and Gentlemen,

Delta Air Lines, Inc. (the “Buyer”) and Airbus S.A.S. (the “Seller”) have entered into an Airbus A321 NEO Aircraft Purchase Agreement dated as of December 15, 2017 (the “Agreement”) which covers, among other matters, the sale by the Seller and the purchase by the Buyer of certain Aircraft, under the terms and conditions set forth in said Agreement.  

This amended and restated Letter Agreement No. 3 (“Letter Agreement No. 3” or this “Letter Agreement”) cancels and replaces the amended and restated Letter Agreement No. 3 entered into between the Buyer and the Seller on December 15, 2017.

The Buyer and the Seller have agreed to set forth in this Letter Agreement No. 3 certain additional terms and conditions regarding the sale of the Aircraft.  Capitalized terms used herein and not otherwise defined in this Letter Agreement have the meanings assigned thereto in the Agreement.  The terms “herein,” “hereof” and “hereunder” and words of similar import refer to this Letter Agreement.

Both parties agree that this Letter Agreement shall constitute an integral, nonseverable part of said Agreement, that the provisions of said Agreement are hereby incorporated herein by reference, and that this Letter Agreement shall be governed by the provisions of said Agreement, except that if the Agreement and this Letter Agreement have specific provisions which are inconsistent, the specific provisions contained in this Letter Agreement shall govern.

1.[***]
The Seller hereby grants to the Buyer [***]
1.1    [***] 

CT1707017 PA A321 NEO                            Amended and Restated LA 3-1
                               PROPRIETARY AND CONFIDENTIAL

1.2    Intentionally left blank

1.3     [***]
 
1.4    [***]

1.5    [***]

2.ASSIGNMENT
This Letter Agreement and the rights and obligations of the parties shall not be assigned or transferred in any manner without the prior written consent of the Seller and any attempted assignment or transfer in contravention of this provision shall be void and of no force or effect.

3.CONFIDENTIALITY
This Letter Agreement is subject to the terms and conditions of Clause 22.7 of the Agreement.

4.COUNTERPARTS
This Letter Agreement may be executed by the parties hereto 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. Such counterparts may be delivered via facsimile and/or electronic mail (provided that an original is subsequently delivered).

CT1707017 PA A321 NEO                            Amended and Restated LA 3-2
                               PROPRIETARY AND CONFIDENTIAL

If the foregoing correctly sets forth your understanding, please execute the original and one (1) copy hereof in the space provided below and return a copy to the Seller.

Very truly yours,

AIRBUS S.A.S.

By:  /s/ Benoit de Saint-Exupéry
Title: Senior Vice President, Contracts

Accepted and Agreed

DELTA AIR LINES, INC.

By:  /s/Mahendra R. Nair
Title: Senior Vice President – Fleet & Tech Ops Supply Chain
 
                   
    

CT1707017 PA A321 NEO EXECUTION                                  LA3
                                              PROPRIETARY AND CONFIDENTIAL

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}]]