Document:

Exhibit 10.11

 

CERTAIN IDENTIFIED INFORMATION
HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS

BOTH (I) NOT MATERIAL AND
(II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY

DISCLOSED. OMITTED INFORMATION
HAS BEEN REPLACED WITH ASTERISKS.

 

SUPPLEMENTAL AGREEMENT NO. 6 to

 

PURCHASE AGREEMENT NUMBER 04761

 

between

 

THE BOEING COMPANY

 

and

 

United
Airlines, Inc.

 

relating to

 

Boeing
Model 737 MAX Aircraft

 

THIS SUPPLEMENTAL AGREEMENT
No. 6 (SA-6) is entered into as of June 27, 2021 by and between The Boeing Company, a Delaware corporation, (Boeing) and
United Airlines, Inc., a Delaware corporation, (Customer);

 

WHEREAS, Customer and Boeing
entered into Purchase Agreement No. 04761 dated as of the 15th day of May of 2018 as amended and supplemented (Purchase
Agreement), relating to the purchase and sale of Model 737 MAX aircraft. This Supplemental Agreement is an amendment to the
Purchase Agreement; and

 

WHEREAS, solely to conform
and further amend the Purchase Agreement to reflect Customer and Boeing’s agreement regarding the following matters without duplication
of any consideration being provided to Customer to:

 

		(i)	Specify
                                            the scheduled delivery *** for *** 737-*** Aircraft;

 

		(ii)	Reflect
                                            Boeing and Customer’s agreement to add

 

		(a)	one
                                            hundred fifty (150) Boeing model 737-10 aircraft (*** 737-10 Aircraft); and

 

		(b)	an
                                            aggregate quantity of fifty (50) Boeing model 737-8 aircraft (the *** 737-8 Aircraft);

 

into the Purchase Agreement including
the *** terms relating to such Aircraft;

 

		(iii)	Revise
                                            the *** provisions to provide certain accommodations;

 

		(iv)	Revise
                                            certain *** terms relating to *** Boeing model 737-*** aircraft ***;

 

		(v)	Revise
                                            certain ***;

 

		(vi)	***;

 

		(vii)	Reflect
                                            Boeing and Customer’s agreement to *** into the Purchase Agreement;

 

		(viii)	Revise
                                            aircraft ***;

 

		(ix)	Provide
                                            *** applicable to the 737-8 Aircraft;

 

    	UAL-PA-04761	 	SA-6, Page 1
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

		(x)	Incorporate
                                            information regarding Boeing development of an airline operational efficacy (AOE)
                                            program; and

 

		(xi)	Incorporate
                                            *** in the event of a *** 737-10 Aircraft.

 

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 with the attached “Table of Contents” (identified by “SA-6”).

 

		2.	Tables, Exhibits.

 

2.1.           
The Table 1 titled “737-8 Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with
the attached similarly titled Table 1 (identified by “SA-6”) to reflect certain revisions in Seller Purchased Equipment and
Buyer Furnished Equipment.

 

2.2.           
A new Table 1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” (identified by “SA-6”)
is added to the Purchase Agreement to incorporate *** 737-8 Aircraft.

 

2.3.           
A new Table 1 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” (identified by “SA-6”)
is added to the Purchase Agreement to incorporate *** 737-8 Aircraft.

 

2.4.           
Table 2 titled “*** 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with
the attached Table 2 (identified by “SA-6”).

 

2.5.           
Exhibit A entitled “737-10 Aircraft Configuration” is deleted in its entirety and replaced with the attached similarly
titled Exhibit A (identified by “SA-6”) to incorporate an updated configuration estimate for the *** 737-10 Aircraft.

 

		3.	Letter
                                            Agreements.

 

3.1.           
Letter Agreement No. UAL-PA-04761-LA-l801463R2 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-l801463R3
titled “*** Matters” (identified by “SA-6”) to add certain accommodations of the *** provisions.

 

3.2.           
Letter Agreement No. UAL-PA-04761-LA-l801467R3 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-l801467R4
titled “Special Matters – MAX Aircraft” (identified by “SA-6”) to add *** (as that term is defined therein),
and *** and specified in Table 1 titled “737-*** Aircraft Delivery, Description, Price and ***”.

 

3.3.           
Letter Agreement No. UAL-PA-04761-LA-l801469R1 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-l801469R2
titled “***” (identified by “SA-6”) to revise the reporting period.

 

3.4.           
Letter Agreement No. UAL-PA-04761-LA-l801478 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-l801478R1
titled “Delivery *** Matters” (identified by “SA-6”) to ***.

 

    	UAL-PA-04761	 	SA-6, Page 2
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

3.5.           
Letter Agreement No. UAL-PA-04761-LA-l807022R4 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-l807022R5
titled “*** Aircraft – 737-***” (identified by “SA-6”) to reflect ***.

 

3.6.           
Letter Agreement No. UAL-PA-04761-LA-1807420 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-1807420R1
titled “737-*** and 737-*** Aircraft ***” (identified by “SA-6”) to ***.

 

3.7.           
Letter Agreement No. UAL-PA-04761-LA-1900347 titled “737-8 ***” (identified by “SA-6”) is added to the
Purchase Agreement to provide the *** applicable to the 737-8 Aircraft.

 

3.8.           
Letter Agreement No. UAL-PA-04761-LA-2100718 is deleted in its entirety and replaced with Letter Agreement No. UAL-PA-04761-LA-2100718R1
titled “Certain Special Matters for the ***” (identified by “SA-6”) to add *** (as that term is defined therein),
and conditions on such ***, applicable to the *** Aircraft.

 

3.9.           
Letter Agreement No. UAL-PA-04761-LA-2103100 titled “Airline Operational Efficacy Matters” (identified by “SA-6”)
is added to the Purchase Agreement to provide guidance regarding AOE matters.

 

3.10.       
Letter Agreement No. UAL-PA-04761-LA-2103236 titled “***” (identified by “SA-6”) is added to the Purchase
Agreement to provide *** in the event of a 737-10 Aircraft ***.

 

		4.	Miscellaneous.

 

Boeing
and Customer agree that ***.

 

***

 

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

 

The rest of the page is intentionally blank.
Signature page follows.

 

    	UAL-PA-04761	 	SA-6, Page 3
	 	 	 
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

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

 

	THE BOEING COMPANY	 	UNITED
    AIRLINES, INC.
	 	 	 
	/s/
    Irma L. Krueger	 	/s/
    Gerald Laderman
	Signature	 	Signature
	 	 	 
	Irma
    L. Krueger	 	Gerald
    Laderman
	Printed Name	 	Printed Name
	 

    Attorney-in-Fact
	 	

     

    Executive Vice President and

    Chief Financial Officer

    

	Title	 	Title

 

    	UAL-PA-04761	 	SA-6, Page 4
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

TABLE OF CONTENTS

 

	

    ARTICLES	SA
    

    NUMBER
	Article 1.	Quantity,
    Model and Description	 
	Article
    2.	Delivery
    Schedule	 
	Article
    3.	Price	 
	Article
    4.	Payment	 
	Article
    5.	Additional
    Terms	 
	TABLE	 
	1.	737-***
    Aircraft Delivery, Description, Price and ***	SA-6
	1.	***
    737-*** Aircraft Delivery, Description, Price and ***	SA-6
	1.	737-***
    Aircraft Delivery, Description, Price and ***	SA-5
	1.	***
    737-*** Aircraft Delivery, Description, Price and ***	SA-5
	1.	737-***
    *** Aircraft Delivery, Description,
    Price and ***	SA-5
	1.	***
    737-*** Aircraft Delivery, Description, Price and ***	SA-6
	1.	***
    Incremental 737-*** Aircraft Delivery, Description, Price and ***	SA-6
	2.	737-***
    Aircraft Delivery, Description, Price and ***	SA-6

 

TABLE
OF CONTENTS, CONTINUED

 

	EXHIBITS	 	SA
    

    NUMBER
	A	737-8
    Aircraft Configuration	SA-5
	A	737-9
    Aircraft Configuration	SA-1
	A	737-10
    *** Aircraft Configuration	SA-5
	A	737-10
    Aircraft Configuration	SA-6
	B.	Aircraft
    Delivery Requirements and Responsibilities	 

 

    	UAL-PA-04761	Table of Contents, Page 1 of 5	 SA-6
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

	

    SUPPLEMENTAL EXHIBITS	 	SA
    

    NUMBER
	AE1.	***/Airframe
    and *** Features for the 737MAX Aircraft	 
	BFE1.	BFE Variables
    737-8 Aircraft	SA-2
	BFE1.	BFE Variables
    737-9 Aircraft	SA-1
	BFE1.	BFE Variables
    737-10 Aircraft	SA-2
	EE1.	Engine
    Warranty and ***	 
	SLP1.	Service
    Life Policy Components	 
	

    LETTER AGREEMENTS	 	SA
    

    NUMBER
	UAL-PA-04761-LA-1801463R3	***
    Matters	SA-6
	UAL-PA-04761-LA-1801464	Demonstration
    Flight Waiver	 
	UAL-PA-04761-LA-1801465R2	Open
    Matters 737-9 and 737-10 Aircraft	SA-5
	UAL-PA-04761-LA-1801466	Seller
    Purchased Equipment	SA-5
	UAL-PA-04761-LA-1801467R4	Special
    Matters – 737 MAX Aircraft	SA-6
	UAL-PA-04761-LA-1801468	***	 
	UAL-PA-04761-LA-1801469R2	***	SA-6

 

    	UAL-PA-04761	Table of Contents, Page 2 of 5	 SA-6
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

TABLE
OF CONTENTS, CONTINUED

 

	

    LETTER AGREEMENTS	 	SA
    

    NUMBER
	UAL-PA-04761-LA-1801470	Privileged
    and Confidential Matters	 
	UAL-PA-04761-LA-1801471	AGTA
    Matters	 
	UAL-PA-04761-LA-1801472	Assignment
    Matters	 
	UAL-PA-04761-LA-1801473	737-10
    Aircraft ***	 
	UAL-PA-04761-LA-1801474	*** for
    the 737-10 Aircraft	 
	UAL-PA-04761-LA-1801475	Loading
    of Customer Software	 
	UAL-PA-04761-LA-1801476	Installation
    of Cabin Systems Equipment	 
	UAL-PA-04761-LA-1801477	Special
    Customer Support Matters 	 
	UAL-PA-04761-LA-1801478R1	Delivery
    *** Matters	SA-6
	UAL-PA-04761-LA-1807022R5	***
    Aircraft – 737-***	SA-6
	UAL-PA-04761-LA-1807420R1	737-***
    and 737-*** Aircraft Model ***	SA-6
	UAL-PA-04761-LA-1807490R1	737-***
    Aircraft and 737-*** Aircraft ***	SA-2
	UAL-PA-04761-LA-1900347	737-8
    ***	SA-6
	UAL-PA-04761-LA-2001831R1	Certain
    Special Matters	SA-4
	UAL-PA-04761-LA-2100095	*** Matters
    for the 737-8 *** Aircraft	SA-5
	UAL-PA-04761-LA-2100096	Certain
    Special Matters for the 737-8 *** Aircraft	SA-5
	UAL-PA-04761-LA-2100136	Open
    Matters Relating to *** Model 737-8 Aircraft	SA-5
	UAL-PA-04761-LA-2100718R1	Special
    Matters Relating to *** 737-9 Aircraft	SA-6

 

TABLE
OF CONTENTS, CONTINUED

 

	

    LETTER AGREEMENTS	SA
    

    NUMBER
	UAL-PA-04761-LA-2100136	Open
    Matters Relating to *** Model 737-*** Aircraft	SA-5
	UAL-PA-04761-LA-2103100	Airline
    Operational Efficacy Matters	SA-6
	UAL-PA-04761-LA-2103236	***	SA-6

 

    	UAL-PA-04761	Table of Contents, Page 3 of 5	 SA-6
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

	SUPPLEMENTAL
    AGREEMENTS	DATED
    AS OF
	Supplemental
    Agreement No. 1	September 25, 2018
	Supplemental
    Agreement No. 2	December 12, 2018
	Supplemental
    Agreement No. 3	March 20, 2020
	Supplemental
    Agreement No. 4	June 30, 2020
	Supplemental
    Agreement No. 5	February 26, 2021
	Supplemental
    Agreement No. 6	June 27, 2021

 

    	UAL-PA-04761	Table of Contents, Page 4 of 5	 SA-6
	 	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

Table 1 to Purchase Agreement
No. 04761

737-*** Aircraft Delivery,
Description, Price and *** 

 

	Airframe
    Model/MTOW:	737-***	*** pounds	^	Detail
    Specification:	***	 
	Engine
    Model/Thrust:	***	*** pounds	+	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:	 	$***	 	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	Airframe
    *** 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 Aircraft:	 	$***	 	 	 	 

 

	 	 	Target
    	 	***	 	 	 	***
    Estimate	***
    Per Aircraft (Amts. Due/*** Prior to Delivery):
	#
    of 	***
    Delivery 	Delivery
    	Number
    of 	Factor	Manufacturer
    	 	Actual
    or Nominal 	***
    Base	***	***	***	***
	Aircraft	Month	Month	Aircraft	(Airframe)	Serial
    Number	***
    Forecast	Delivery
    ****	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
	 	Total:	 	***	 	 	 	 	 	 	 	 	 

 

  *
Nominal delivery *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-10 Aircraft",
as may be subsequently amended.

 

Note:
Serial Numbers above are provided as guidance only and are subject to change until delivery.

 

^
- ***

 

+
- ***

 

    	UAL-PA-03776
                                            APR: 117224.TXT	737-*** Aircraft
	 	Table 1, SA-6, Page 1
	 	 
	Boeing / United Airlines, Inc. Proprietary

     

    

 

Table 1 to Purchase Agreement
No. 04761 

*** 737-*** Aircraft Delivery, Description, Price and ***

 

	Airframe
    Model/MTOW:	737-***	*** pounds	^	Detail
    Specification:	***	 
	Engine
    Model/Thrust:	***	*** pounds	+	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:	 	$***	 	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	Airframe
    *** 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 Aircraft:	 	$***	 	 	 	 

 

	 	 	Target
    	 	***	 	 	 	***
    Estimate	***
    Per Aircraft (Amts. Due/*** Prior to Delivery):
	#
    of 	***
    Delivery 	Delivery
    	Number
    of 	Factor	Manufacturer
    	 	Actual
    or Nominal 	***
    Base	***	***	***	***
	Aircraft	Month	Month	Aircraft	(Airframe)	Serial
    Number	***
    Forecast	Delivery
    ****	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
	 	Total:	 	***	 	 	 	 	 	 	 	 	 

 

  *
Nominal delivery *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-10 Aircraft",
as may be subsequently amended.

 

Note:
Serial Numbers above, if any are included, are provided as guidance only and are subject to change until delivery.

 

^
- ***

 

+
- ***

 

    	UAL-PA-03776 APR: 117225.TXT	737-*** Aircraft
	 	Table 1, SA-6, Page 2
	 	 
	Boeing / United Airlines, Inc. Proprietary

     

    

 

 

 

Table
2 to Purchase Agreement No. 04761

*** 737-***Aircraft
Delivery, Description, Price and ***

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	^	Detail
    Specification:	***	 
	Engine
    Model/Thrust:	***	***
    pounds	+	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	 	 	 	 	 	 	 

	***
    Features:	$***	 	 	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	 	Airframe
    *** 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 Aircraft:	$***	 	 	 	 	 

 

	#
    of Aircraft	***
    Delivery Date	Target
    Delivery Date	 	***	Manufacturer
    Serial Number	Actual
    or Nominal Delivery ****	***
    Forecast	***
    Estimate	***
    Per Aircraft (Amts. Due/*** Prior to Delivery):
	Number
    of 	Factor	***
    Base	***	***	***	***
	Aircraft	(Airframe)	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
	 	 	Total:	***	 	 	 	 	 	 	 	 	 

 

***

 

***

 

  *
Nominal delivery *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-9 & 737-10 Aircraft",
including successors thereof.

 

Note:
Serial Numbers above are provided as guidance only and are subject to change until delivery.

^
- ***

+
- ***

 

    	UAL-PA-03776 APR: 117224.TXT	737-*** Aircraft
	 	Table 1, SA-6, Page 3
	 	 
	Boeing / United Airlines, Inc. Proprietary

     

    

 

Attachment A-1 to Letter
Agreement No. UAL-PA-04761-LA-1807022R5 

*** 737-*** Aircraft Delivery, Description, Price and***

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	^	Detail
    Specification:	***	 
	Engine
    Model/Thrust:	***	***
    pounds	+	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:	 	$***	 	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	Airframe
    *** 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 Aircraft:	$***	 	 	 	 
	 	 	 	 	 	 	 

 

	#
    of Aircraft	Target
    Delivery Date	 	***	Manufacturer

    Serial Number	Actual
    or Nominal Delivery ****	***
    Forecast	***
    Estimate	*** Per Aircraft (Amts. Due/*** Prior to Delivery):
	Number
    of 	Factor	***
    Base	***	***	***	***
	Aircraft	(Airframe)	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
	 	Total:	***	 	 	 	 	 	 	 	 	 

 

    *
Nominal delivery *** pursuant to Letter Agreement number UAL-PA-04761-LA-1801465R2 entitled "Open Matters 737-9 & 737-10 Aircraft",
including successors thereof.

 

  Note:
Serial Numbers above are provided as guidance only and are subject to change until delivery.  

 

  ^
- ***

 

  +
- ***

 

    	UAL-PA-03776 APR: 117224.TXT	737-*** Aircraft
	 	Table 1, SA-6, Page 4
	 	 
	Boeing / United Airlines, Inc. Proprietary

     

    

 

 

Attachment A-1 to Letter
Agreement No. UAL-PA-04761-LA-1807022R5

*** 737-*** Aircraft Delivery, Description, Price and***

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	^	Detail
    Specification:	***	 
	 	 	 	 	 	 	 
	Engine
    Model/Thrust:	***	***
    pounds	+	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:	 	$***	 	 	 	 
	Sub-Total
    of Airframe and Features:	 	$***	 	Airframe
    *** 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 Aircraft:	 	$***	 	 	 	 

 

	#
    of *** Aircraft	 	 	***	***	***	Actual
    or Nominal

    Delivery ****	***
    Estimate	***
    Per Aircraft (Amts. Due/*** Prior to Delivery):
	Delivery	Number
    of 	Factor	***
    Base	***	***	***	***
	Date	Aircraft	(Airframe)	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
	 	Total:	***	 	 	 	 	 	 	 	 	 

 

*
***

 

^
- ***

+
- ***

 

    	UAL-PA-04761-1807022R5	SA-6, MAX***
	APR: 117054	Att. A, Page 5
	Boeing / United Airlines, Inc. Proprietary

     

    

 

 

*Note: Rapid Revisions are
standalone engineering and may affect the intent of the option data.

 

Attachment
F:  Part 2, Form of Exhibit 1 to UAL-PA-04761-LA-2103124: *** 
 of *** Aircraft to Customer’s 737-*** Aircraft

 

	ATA	***
    Number	Title	***	***	***	***	***
	 	***	***	***	***	***	***	***

 

    
		SA-6
	Exhibit 1 to UAL-PA-04761-LA-2103124	Page 6 of 7
	BOEING / UNITED AIRLINES PROPRIETARY

     

    

 

 

Table
2 to Purchase Agreement No. 04761

737-***Aircraft
Delivery, Description, Price and ***

 

	Airframe Model/MTOW:	737-***	*** pounds	^	Detail Specification:	***	 
	 	 	 	 	 	 	 
	Engine Model/Thrust:	***	*** pounds	+	Airframe Price Base Year/***
    Formula:	***	***
	Airframe Price:	 	$***	 	Engine Price Base Year/***
    Formula:	***	***
	Optional Features:  BEFORE
    Modifications	$***	 	 	 	 
	Sub-Total of
    Airframe and Features:	$***	 	Airframe *** 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:	$***	 	 	 	 
	 	 	 	 	 	 	 
	Non-Refundable
    Deposit per Aircraft:	$***	 	 	 	 

 

	 	 	 	 	 	 	 
	^ - ***
	 
	+
    - ***	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Applicability
    pursuant to § 2.2 of Letter Agreement UAL-PA-04761-LA-2100136 entitled "Open Matters Relating to *** Model 737-*** Aircraft".	 

 

     

     

    

 

Table
2 to Purchase Agreement No. 04761

*** 737-***Aircraft
Delivery, Description, Price and ***

 

Nominal
delivery month data are provided below. 
 The delivery month will be ***

 

	 	 	***	 	***
    Forecast	***
    Estimate	*** Per Aircraft (Amts. Due/*** Prior to Delivery):	 	 	 
	Delivery	Number
    of 	Factor	***
    Base	***	***	***	***
	Date	Aircraft	(Airframe)	Price
    Per A/P	***	***	***	***
	***	***	***	 	***	$***	$***	$***	$***	$***
	 	***	 	 	 	 	 	 	 	 

  

     

     

    

 

AIRCRAFT CONFIGURATION

 

between

 

THE BOEING
COMPANY

 

and

 

United Airlines,
Inc.

 

Exhibit A
to Purchase Agreement Number 04761

for *** 737-10 Aircraft

 

    
	UAL-PA-04761-EXA	SA-6
	737-10 Aircraft	Page 1

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

Exhibit A

 

AIRCRAFT CONFIGURATION

 

relating to

 

*** BOEING
MODEL 737-10 AIRCRAFT

 

The
Detail Specification is Boeing document number *** pursuant to the provisions of Letter Agreement UAL-PA-04761-LA-1801465R2 entitled
 “Open Matters 737-9 and 737-10 Aircraft”.

 

    
	UAL-PA-04761-EXA	SA-6
	737-10 Aircraft	Page 2

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

	***
    Number	Title	Price
    / each of 

    the ***	***
    Price / ***
	***	***	***	***
	 	TOTALS:	$***	$***
	 	GRAND
    TOTAL:	$***	$***

 

    
	UAL-PA-04761-EXA	SA-6
	737-10 Aircraft	Page 3

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

	 	The
                                            Boeing Company 

                                            P.O. Box 3707 

                                            Seattle, WA 98124-2207
	 	 
	 	 

 

UAL-PA-04761-LA-1801463R3

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	*** Matters
	 	 

	References:	1)Purchase Agreement No. 04761 (Purchase Agreement)
                                       between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating
                                       to Model 737 MAX aircraft (Aircraft); and
	 	 

		2)	Aircraft General Terms Agreement dated as
                                            of October 10, 1997 between the parties, identified as AGTA-CAL (AGTA)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1801463R2
dated June 30, 2020.

 

The Purchase Agreement incorporates
the terms and conditions of the AGTA between Boeing and Customer. This Letter Agreement modifies certain terms and conditions of the
AGTA with respect to the Aircraft.

 

1.                           
***.

 

2.                            
***.

 

*** will be due on the ***.
In the event that ***.

 

3.                             ***.

 

3.2      
If for any reason, any Table 1 to the *** is amended, including but not limited, to change the: ***. Any corresponding amendment
to this Letter Agreement will be made in a manner consistent with the terms and conditions associated with the Initial Aircraft.

 

4.                             ***

 

5.                             Re-Allocation
of ***.

 

6.                             ***.

 

In addition to applicability
to ***, the provisions of Section 2 herein shall apply to the ***.

 

    
	UAL-PA-04761-LA-1801463R3	SA-6
	*** Matters	Page 1

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

7.                             ***
Rights.

 

7.1             
Customer agrees that ***.

 

7.2             
In the event Boeing *** to Boeing pursuant to Section 7.1, absent instruction from Boeing to the contrary, Customer shall, ***
under the Purchase Agreement as amended by this Letter Agreement. Customer will ***.

 

7.3             
For all purposes of this Section 7, including without limitation, notice, *** or any other application, ***. Boeing expressly
reserves all of its rights and remedies under any agreement and applicable law.

 

8.                            Confidentiality.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

9.                            Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or, in part.

 

If the foregoing correctly
sets forth your understanding of our agreement with respect to the matters treated above, please indicate your acceptance and approval
below.

 

Very truly yours,

 

	THE BOEING
    COMPANY	 
	 	 
	By:	/s/
    Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact	 

 

    
	UAL-PA-04761-LA-1801463R3	SA-6
	*** Matters	Page 2

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 June
    27, 2021	 
	 	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/ Gerald Laderman	 
	 	 
	Its:	Executive Vice
    President and Chief Financial Officer	 

 

    
	UAL-PA-04761-LA-1801463R3	SA-6
	*** Matters	Page 3

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

	 	The
                                            Boeing Company 

                                            P.O. Box 3707 

                                            Seattle, WA 98124-2207
	 	 
	 	 

 

UAL-PA-04761-LA-1801467R4

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	Special Matters – MAX Aircraft
	 	 
	Reference:	Purchase Agreement No. 04761 (Purchase Agreement) between
                                      The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating to Model 737
                                      MAX aircraft (Aircraft)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1801467R3.

 

1.             
***.

 

1.1           737-10
***.

 

At the time of delivery of
each 737-10 Aircraft, Boeing *** to Customer a *** which shall equal *** (737-10 ***).

 

1.2           ***.

 

1.3           737-9
***.

 

***.

 

1.4           737-9
Aircraft ***.

 

At the time of delivery of
each 737-9 Aircraft, Boeing *** to Customer a *** in an *** (737-9 ***. Boeing represents that the *** of this 737-9 ***
is consistent with the terms of Letter Agreement 6-1162-KKT-080R1, as amended.

 

1.5           737-8
Aircraft ***.

 

***.

 

1.6           737-8
***.

 

***.

 

    
	UAL-PA-04761-LA-1801463R4	SA-6
	Special Matters	Page 1

BOEING/UNITED AIRLINES PROPRIETARY

     

    

 

 

 

1.7          
*** 737-8 ***.

 

***.

 

1.8           ***.

 

1.8.1       
***.

 

	Table
    Reference	Description	Quantity
    of Aircraft
	1	737-***
    *** Aircraft Delivery, Description, Price and ***	***
	1	***
    737-*** Aircraft Delivery, Description, Price and ***	***
	 	Total	 

 

1.8.2       
At the time of delivery of each 737-10 *** Aircraft, Boeing shall issue to Customer a ***.

 

1.8.3       
Pursuant to the terms set forth in this Section 1.8.3, Customer will not be ***

 

1.8.3.4         For
purposes of Section 1.8, an ***.

 

2.             
***.

 

Unless otherwise noted, the
amounts of the *** stated in (i) Sections 1.1 through 1.2 *** are in *** for 737-10 Aircraft; and (i)  Sections 1.3
through 1.7 *** are in *** for 737-8 and 737-9 Aircraft. The *** will be ***.

 

3.             737
***.

 

***.

 

4.             Supplier
Diversity.

 

Customer and Boeing agree
to work towards a mutually agreeable solution for meeting diversity requirements in the supply base. Notwithstanding the foregoing sentence,
Boeing agrees to (i) identify parts and equipment where Customer makes the procurement decision for potential opportunities; (ii) submit
indirect reports until other options are vetted and approved; and (iii) continue to engage with Customer with regard to supplier diversity
to ensure Boeing supports Customer’s requirements.

 

    
	UAL-PA-04761-LA-1801463R4	SA-6
	Special Matters	Page 2

BOEING/UNITED AIRLINES PROPRIETARY

     

    

 

 

 

5.                 
Assignment.

 

Unless otherwise noted herein,
the *** described in this Letter Agreement are provided as a *** to Customer and in consideration of Customer’s taking title to
the Aircraft at time of delivery and becoming the operator of the Aircraft. Except as provided in Letter Agreement No. UAL-PA-04761-LA-1801472,
this Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing. For purposes of the ***.

 

6.                 
Confidentiality

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	/s/ Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact	 

 

    
	UAL-PA-04761-LA-1801463R4	SA-6
	Special Matters	Page 3

BOEING/UNITED AIRLINES PROPRIETARY

     

    

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	June 27 , 2021	 
	 	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/ Gerald Laderman	 
	 	 
	Its:	Executive Vice President and
    Chief Financial Officer	 

 

    
	UAL-PA-04761-LA-1801463R4	SA-6
	Special Matters	Page 4

BOEING/UNITED AIRLINES PROPRIETARY

     

    

 

 

		The Boeing Company

    P.O. Box 3707 

    Seattle, WA 98124 2207

 

UAL-PA-04761-LA-1801469R2

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	***
	 	 
	Reference:	Purchase Agreement No. 04761 (Purchase Agreement) between The Boeing Company
                   (Boeing) and United Airlines, Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1801469R1
dated February 26, 2021.

 

Subject to the terms, provisions,
and conditions described herein, ***.

 

		1.	Customer's ***.

 

Boeing *** to Customer, ***
as described in paragraph 3 below, *** for the respective model type. The Effective Date of such *** shall be the date that *** to Customer,
unless otherwise mutually agreed to. *** not later than *** after receipt of Customer's written request.

 

		2.	***.

 

At the time of delivery of
each Covered Aircraft, or *** after delivery of a Covered Aircraft, ***. Such *** shall be *** identifying the Covered Aircraft Manufacturer's
Serial Number (MSN), the delivery date and the Effective Date of the ***.

 

		3.	***.

 

Customer shall *** in accordance
with either the *** set forth below, at Customer's option.

 

***

 

    	UAL-PA-04761-LA-1801469R2
 ***	BOEING/UNITED AIRLINES PROPRIETARY	 SA-6
Page 1

     

    

 

 

 

		5.	Confidential Treatment.

 

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	/s/
    Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact	 

 

    	UAL-PA-04761-LA-1801469R2
 ***	BOEING/UNITED AIRLINES PROPRIETARY	 SA-6
Page 2

     

    

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	June
    27, 2021	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/ Gerald Laderman	 
	 	 
	Its:	Executive Vice
    President and Chief Financial Officer	 

 

    	UAL-PA-04761-LA-1801469R2
 ***	BOEING/UNITED AIRLINES PROPRIETARY	 SA-6
Page 3

     

    

 

 

 

Attachment A to Letter Agreement UAL-PA-04761-LA-1801469R2

 

Date:     ____________________

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Attention:	Technical Department

 

	Reference:	Letter Agreement UAL-PA-04761-LA-1801469R2 to Purchase Agreement 04761
	 	 

***.

 

Very truly yours,

 

THE BOEING COMPANY

 

	By:	 	 

 

	Its:	 	 

 

    	Attachment
                                            A to UAL-PA-04761-LA-1801469R2
 ***	BOEING/UNITED
                                            AIRLINES PROPRIETARY	SA-6
Page
                                            2

     

    

 

 

 

Attachment A: to Letter Agreement UAL-PA-04761-LA-1801469R2

***

 

***

 

    	Attachment
                                            A to UAL-PA-04761-LA-1801469R2
 ***	BOEING/UNITED
                                            AIRLINES, INC. PROPRIETARY	SA-6
Page
                                            1

     

    

 

 

 

Attachment B to Letter
Agreement UAL-PA-04761-LA-1801469R2

***

 

 

    	Attachment
                                            B to UAL-PA-04761-LA-1801469R2
 ***	BOEING/UNITED
                                            AIRLINES, INC. PROPRIETARY	SA-6
Page
                                            1

     

    

 

 

	 	The Boeing Company

                         P.O. Box 3707

                         Seattle, WA 98124-2207

 

 

UAL-PA-04761-LA-1801478R1

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

		Subject:	Delivery *** Matters

 

		Reference:	Purchase Agreement No. 04761 (Purchase
                                            Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer)
                                            relating to Model 737 MAX aircraft (Aircraft)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1801478.

 

1.            
***.

 

*** has requested, and ***
has agreed to provide, *** in respect of ***. Boeing will provide *** in respect of *** Aircraft subject to the terms and conditions
contained in this Letter Agreement.

 

1.1             
***.

 

1.2             
Notice Requirement. Customer *** shall be made by providing Boeing with advance written notification in accordance with
requirements specified in Attachment 1 to this Letter Agreement.

 

1.3             
***.

 

    
	UAL-PA-04761-LA-1801478R1	SA-6
	Delivery *** Matters	Page 1
	 	 

BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

2.            
Reciprocal ***.

 

Should *** successfully exercise
its ***) pursuant to the terms of this Letter Agreement, *** will be provided with a *** in respect of any *** subject to the following
terms and conditions:

 

2.1             
Each *** may ***.

 

2.2             
*** will be provided with *** after every *** successfully exercised ***. Unless exercised pursuant to the terms and conditions
of this Letter Agreement, each *** will terminate *** months from the first day of the month that such *** is made available to ***.

 

2.3             
*** must exercise each *** by providing *** with written notification at least *** prior to the first day of the *** or *** of
the *** for which the *** will be applied to.

 

3.            
Definitive Agreement.

 

If Customer agrees with the
***. The Supplemental Agreement will include the provisions of the Purchase Agreement as modified to reflect the provisions of this Letter
Agreement. In the event the parties, despite having *** in reaching a Supplemental Agreement without delay, have not entered into a Supplemental
Agreement within ***, either party may ***. If Customer and Boeing *** specified in the then current Table 1 in effect at that time.

 

4.            
BFE / SPE Matters.

 

Subject to Boeing having
***

 

5.            
Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or, in part.

 

    
	UAL-PA-04761-LA-1801478R1	SA-6
	Delivery *** Matters	Page 2
	 	 

BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

6.            
Confidential Treatment.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING
    COMPANY	 
	 	 
	By:	/s/
    Irma L. Krueger	 
	 	 
	Its:	Attorney-In-Fact	 

 

    
	UAL-PA-04761-LA-1801478R1	SA-6
	Delivery *** Matters	Page 3
	 	 

BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	June
27, 2021 	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/ Gerald Laderman	 
	 	 
	Its:	Executive Vice President
and Chief Financial Officer	 

 

    
	UAL-PA-04761-LA-1801478R1	SA-6
	Delivery *** Matters	Page 4
	 	 

BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

ATTACHMENT 1 TO UAL-PA-04761-LA-1801478R1

 

PART 1: PROVISIONS APPLICABLE TO

*** AIRCRAFT

 

	***
	Column
    1	Column
    2	Column
    3
	***	***	***

 

PART 2: PROVISIONS APPLICABLE TO

*** AIRCRAFT

 

	***
	Column
    1	Column
    2	Column
    3
	***	***	***

 

	PART
    2:  PROVISIONS APPLICABLE TO *** AIRCRAFT
	Column
    1	Column
    2	Column
    3
	***	***	***

 

    
	Attachment 1 to UAL-PA-04761-LA-1801478R1	SA-6
	Delivery *** Matters	Page 2
	 	 

BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

	 	The
                                            Boeing Company 

                                            P.O. Box 3707 

                                            Seattle, WA 98124-2207 
	 	 

 

UAL-PA-04761-LA-1807022R5

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	*** Aircraft – 737-***
	 	 

		Reference:	Purchase Agreement No. PA-04761
                                            (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines,
                                            Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1807022R4
dated February 26, 2021.

 

1.                 
*** Aircraft.

 

Subject to the terms and
conditions contained in this Letter Agreement, in addition to the Aircraft described in both Table 1’s to the Purchase Agreement
as of the date of execution of this Letter Agreement, Customer will have the *** Model 737-*** aircraft as *** aircraft (***
Aircraft).

 

2.                 
Delivery.

 

The number of aircraft and
delivery months are listed in Attachment A-1 (Attachment A) to this Letter Agreement. The scheduled delivery position of each
*** Aircraft listed in Attachment A provides the delivery schedule in *** consisting of a nominal delivery month (Nominal Delivery
Month) ***. No later than *** Nominal Delivery Month of Customer’s first *** Aircraft in each calendar year, Boeing will provide
written notice with a *** Attachment A of the scheduled delivery month for each *** Aircraft with a Nominal Delivery Month in such calendar
year.

 

3.                 
Configuration.

 

3.1             
Subject to the provisions of Article 3.2, below, the configuration for the *** Aircraft will be the Detail Specification
for Boeing Model 737-*** aircraft, at the revision level in effect at the time of Definitive Agreement (as defined below). Such Detail
Specification *** applicable to the Detail Specification that are developed by Boeing between the *** (as defined below) and the signing
of the Definitive Agreement, (ii) changes required to obtain required regulatory certificates, and (iii) other changes as mutually
agreed.

 

3.2             
Subject to ***, the *** Aircraft ***, provided that it can achieve the *** which would result pursuant to the provisions of Article 3.1.

 

4.                 
Price.

 

4.1             
The Airframe Price and *** Features Prices for each of the *** Aircraft is identified in Attachment A to this Letter Agreement. 
***.

 

    
	UAL-PA-04761-LA-1801463R5	SA-6
	*** Aircraft – 737-***	Page 1
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

4.2             
The Airframe Price, *** Features Prices, and Aircraft Basic Price for each of the *** Aircraft shall be adjusted in accordance
with the terms set forth in ***.

 

4.3             
The *** Base Price shall be developed in accordance with the terms of the Purchase Agreement and determined at the time of Definitive
Agreement.

 

5.                 
Payment.

 

5.1             
***.

 

5.2             
Notwithstanding the amount shown in Attachment A, the *** Deposit will be *** for each *** Aircraft.

 

5.3             
At Definitive Agreement for the *** Aircraft, *** will be payable as specified in the Purchase Agreement. The remainder of the
Aircraft Price for the *** Aircraft will be paid at the time of delivery.

 

6.                 
***.

 

6.1             
Customer may *** by giving written notice to Boeing

 

6.1.1                   
Subject to ***, on or before the date ***; or

 

6.1.2                   
On or on or before the date *** (the date in Section 6.1.1 and in Section 6.1.2, as applicable, are referred to herein as the
*** Date).

 

6.2             
After receipt of Customer’s ***.

 

***

 

7.                 
Definitive Agreement.

 

Following Customer’s
*** the parties will sign a definitive agreement for the purchase of such *** Aircraft (Definitive Agreement) ***. The Definitive
Agreement will include the provisions of the Purchase Agreement as modified to reflect the provisions of this Letter Agreement. In the
event the parties have not entered into a Definitive Agreement within *** either party ***. If Customer and Boeing fail to enter into
the Definitive Agreement, Boeing ***.

 

8.                 
Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or in part.

 

    
	UAL-PA-04761-LA-1801463R5	SA-6
	*** Aircraft – 737-***	Page 2
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

9.                 
Confidential Treatment.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	/s/
    Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact	 

 

    
	UAL-PA-04761-LA-1801463R5	SA-6
	*** Aircraft – 737-***	Page 3
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

	ACCEPTED AND AGREED TO this
	 
	 	 
	Date:	June
    27, 2021	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/ Gerald Laderman	 
	 	 
	Its:	Executive Vice
    President and Chief Financial Officer	 

 

    
	UAL-PA-04761-LA-1801463R5	SA-6
	*** Aircraft – 737-***	Page 4
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

Attachment A-1 to Letter Agreement No. UAL-PA-04761-LA-1807022R5 

*** 737-*** Aircraft Delivery, Description, Price and***

 

	Airframe Model/MTOW:	737-***	*** pounds	 	^	Detail Specification:	 	***	 
	Engine Model/Thrust:	 	***	*** pounds	 	+	Airframe Price Base Year/*** Formula:	***	***
	Airframe Price:	 	 	$***	 	 	Engine Price Base Year/*** Formula:	***	***
	*** Features:	 	 	$***	 	 	 	 	 	 	 
	Sub-Total of Airframe and Features:	 	$***	 	 	Airframe *** 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 Aircraft:	 	 	$***	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	#
    of *** Aircraft	 	 	***	***	***	Actual
    or Nominal Delivery ****	***
    Estimate	***
    Per Aircraft (Amts. Due/*** Prior to Delivery):
	Delivery	Number
    of 	Factor	***
    Base	***	***	***	***
	Date	Aircraft	(Airframe)	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
	 	Total:	***	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	  * ***
	^
    - ***
	+ -
    ***	 	 	 	 	 	 	 	 	 	 

 

    	UAL-PA-04761-1807022R5	SA-6, MAX***
	APR: 117054	Att. A, Page &[Page]
	 	 
	BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

	 	The
                                            Boeing Company 

                                            P.O. Box 3707 

                                            Seattle, WA 98124-2207 
	 	 

 

UAL-PA-04761-LA-1807420R1

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

		Subject:	737-*** and 737-*** Aircraft Model ***
	 	 	 

		Reference:	Purchase Agreement No. PA-04761
                                            (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines,
                                            Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-04761-LA-1807420
dated September 25, 2018.

 

Subject to the terms herein,
Customer may ***:

 

***

 

For this Letter Agreement,
each such resulting aircraft *** referred to above shall be defined to be a *** Aircraft.

 

		1.	Customer’s Written Notice.

 

Customer shall provide written
notice of its intention to ***

 

For the intended *** Aircraft:

 

		(i)	No later than the first day of the
                                            month that is indicated in the table below:

 

***

 

(i)       For
the intended ***

 

***

 

    
	UAL-PA-04761-LA-1807420R1	SA-6
	Aircraft Model ***	Page 1
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

                                 ***

 

4.                              Definitive
Agreement.

 

***

 

6.                                 Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or in part.

 

7.                                         
Confidential Treatment.

 

Customer and Boeing understand that certain commercial
and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential and are subject to
the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	/s/ Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact 	 

 

    
	UAL-PA-04761-LA-1807420R1	SA-6
	Aircraft Model ***	Page 2
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	June 27, 2021	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/ Gerald Laderman	 
	 	 
	Its:	Executive Vice President and
    Chief Financial Officer	 

 

    
	UAL-PA-04761-LA-1807420R1	SA-6
	Aircraft Model ***	Page 3
	 	 

BOEING/UNITED AIRLINES, INC. PROPRIETARY

     

    

 

Attachment
A to Letter Agreement UAL-PA-04761-LA-1807420R1 

737-*** ***Aircraft Description and Price

 

	Airframe
    Model/MTOW:    	737-***	***
    pounds	 	Detail
    Specification:    	***	 
	Engine
    Model/Thrust:     	***	***
    pounds	 	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price	 	$***	 	Engine
    Price Base Year / *** Formula:	***	***
	***
    Features:	 	$***	ESTIMATE	 	 	 
	Sub-Total
    of Airframe and Features:	 	$***	 	Airframe
    *** Data	 	 
	Engine
    Price (Per Aircraft):	 	$***	 	Base
    Year Index (ECI):	***	
	Airfraft
    Basic Price (Excluding (BFE/SPE):	 	$***	 	Base
    Year Index (CPI):	***	
	Buyer
    Furnished Equipment (BFE) Estimate:	 	$***	ESTIMATE	 	 	 
	Seller
    Furnished Equipment (SPE) Estimate:	 	$***	ESTIMATE	 	 	 

 

    	Attachment
                                            A to UAL-PA-04761-LA-1807420R1
 Aircraft Model ***	BOEING /
                                                                                                                  UNITED AIRLINES, INC.
                                                                                                                  PROPRIETARY	SA-6

     

    

 

Attachment
B to Letter Agreement UAL-PA-04761-LA-1807420R1

737-*** ***Aircraft Description and Price

ALL
ITEMS BELOW ARE SUBJECT TO CHANGE

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	 	Detail
    Specification:	***	 
	Engine
    Model/Thrust:	***	***
    pounds	 	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:	 	$***	ESTIMATE	 	 	 
	Sub-Total
    of Airframe and Features:	 	$***	 	Airframe
    *** Data:	 	 
	Engine
    Price (Per Aircraft):	 	$***	 	Base
    Year Index (ECI):	***	 
	Aircraft
    Basic Price (Excluding BFE/SPE):	 	$***	 	Base
    Year Index (CPI):	***	 
	Buyer
    Furnished Equipment (BFE) Estimate:	 	$***	ESTIMATE	 	 	 
	Seller
    Purchased Equipment (SPE) Estimate:	 	$***	ESTIMATE	 	 	 
	 	 	 	 	 	 	 
	Deposit
    per Aircraft:	 	$***	 	 	 	 

 

    	Attachment
                                            B to UAL-PA-04761-LA-1807420R1
 Aircraft Model ***	BOEING /
                                                                                                                  UNITED AIRLINES, INC.
                                                                                                                  PROPRIETARY	SA-6

     

    

 

 

Attachment C to Letter Agreement UAL-PA-04761-LA-1807420R1

737-*** ***Aircraft Description and Price

ALL ITEMS BELOW ARE SUBJECT TO CHANGE

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	 	Detail
    Specification:	***	 
	Engine
    Model/Thrust:	***	***
    pounds	 	Airframe
    Price Base Year/*** Formula:	***	***  
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	 	 
	***
    Features:	 	$***	ESTIMATE	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	Airframe
    *** Data:	 	 
	Engine
    Price (Per Aircraft):	 	$***	 	Base
    Year Index (ECI):	 	***
	Aircraft
    Basic Price (Excluding BFE/SPE):	$***	 	Base
    Year Index (CPI):	 	***
	Buyer
    Furnished Equipment (BFE) Estimate:	$***	ESTIMATE	 	 	 
	Seller
    Purchased Equipment (SPE)  Estimate:	$***	ESTIMATE	 	 	 

 

    
	Attachment C to UAL-PA-04761-LA-1807420R1	SA-6

	Aircraft Model ***	Boeing / United Airlines, Inc. Proprietary 

     

    

 

Attachment D to Letter
Agreement UAL-PA-04761-LA-1807420R1

737-*** ***Aircraft Description and Price

ALL ITEMS BELOW ARE SUBJECT TO CHANGE 

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	 	Detail
    Specification:	***
	Engine
    Model/Thrust:	***	***
    pounds	 	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:	 	$***	ESTIMATE	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	Airframe
    *** Data:	 	 
	Engine
    Price (Per Aircraft):	$***	 	Base
    Year Index (ECI):	***	 
	Aircraft
    Basic Price (Excluding BFE/SPE):	$***	 	Base
    Year Index (CPI):	***	 
	Buyer
    Furnished Equipment (BFE) Estimate:	$***	ESTIMATE	 	 	 
	Seller
    Purchased Equipment (SPE) Estimate:	$***	ESTIMATE	 	 	 

 

    
	Attachment C to UAL-PA-04761-LA-1807420R1	SA-7

	Aircraft Model ***	Boeing / United Airlines, Inc. Proprietary 

     

    

 

 

 

 

 

 

Attachment E: Form of Table 2 to Purchase
Agreement No. 04761

737-*** ***Aircraft Delivery, Description, Price and *** 

 

	Airframe
    Model/MTOW:	737-***	***
    pounds	^	Detail
    Specification:	***
	Engine
    Model/Thrust:	***	***
    pounds	+	Airframe
    Price Base Year/*** Formula:	***	***
	Airframe
    Price:	 	$***	 	Engine
    Price Base Year/*** Formula:	***	***
	***
    Features:  ***	$***	 	 	 	 
	Sub-Total
    of Airframe and Features:	$***	 	Airframe
    *** 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:	$***	 	 	 	 
	 	 	 	 	 	 	 
	Non-Refundable
    Deposit per Aircraft:	$***	 	 	 	 
	 	 	 	 	 	 	 
	^
    - ***
	+
    - ***

 

Applicability
pursuant to § 2.2 of Letter Agreement UAL-PA-04761-LA-2103124 entitled "Open Matters Relating to *** Model 737-*** Aircraft".
 

 

	#
    of Aircraft	Delivery
    Month / Year ***	
	 
	 
	***	***	 

 

    
	Attachment D to UAL-PA-04761-LA-1807420R1	SA-6

	Aircraft Model ***	Boeing / United Airlines, Inc. Proprietary

     

    

 

Attachment E: Form of
Table 2 to Purchase Agreement No. 04761

737-8 ***
Aircraft Delivery, Description, Price and ***, CONTINUED

 

Amounts
below are illustrative projections for § 2.2 of LA UAL-PA-04761-LA-2103124+A1: 737-*** *** Aircraft Delivery, Description, Price
and ***

 	Delivery
    	Number
    of 	Factor
    	 	***
    	***
    Estimate	***
    Per Aircraft (Amts. Due/*** Prior to Delivery):
	Date	Aircraft	(Airframe)	 	Forecast	***
    Base	***	***	***	***
	***	***	***	 	 	Price
    Per A/P	***%	***%	***%	***%
	***	***	***	 	***	$***	$***	$***	$***	$***

 

    	UAL-PA-04761-LA-1807420R1	SA-6
	Aircraft Model ***	Page 2

BOEING / UNITED AIRLINES, INC. PROPRIETARY

     

    

 

 

Attachment F to Letter Agreement
UAL-PA-03776-LA-1807420R1

Part 1: Form of Special Matters
Elements for *** Aircraft

    

	 	 
	 	The
                                            Boeing Company 

                                            P.O. Box 3707

                                            Seattle, WA 98124-2207

 

 

UAL-PA-04761-LA-
2103122

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

		Subject:	Certain Special Matters for the 737-***
                                            Aircraft (*** Aircraft)

 

		Reference:	Purchase Agreement No.  04761 (Purchase
                                            Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer)
                                            relating to Model 737 MAX aircraft (Aircraft)

 

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

 

		1.	***.

 

At the time of delivery of each such *** Aircraft,
unless otherwise noted, Boeing ***.

 

		2.	***.

 

Unless otherwise noted, the
amounts of the *** stated in (i) Paragraphs 1.1 through 1.4 *** are stated in *** for the *** Aircraft. The *** will be ***.

 

		3.	Applicability of Certain
                                            Letter Agreements to *** Aircraft.

 

The terms of the Letter Agreements
in the following table shall apply to each *** Aircraft with the defined term “Aircraft” being deemed to be replaced with
the defined term “*** Aircraft”. If Boeing or Customer determines that the references and deemed inclusions described in
this Section 3 should be further amended, then Boeing and Customer will work together for a mutually agreeable solution.

 

	Letter
    Agreement Applying to *** Aircraft
	3.1             
    *** pursuant to Letter Agreement UAL-PA-04761-LA-1801469R1
	3.2             
    *** pursuant to Letter Agreement UAL-PA-04761-LA-1801474
	3.3             
    Assignment pursuant to Letter Agreement UAL-PA-04761-LA-1801472

 

    	UAL-PA-04761-LA-LA-2103122
 Special Matters		SA-6      
 Page 1    

	 	BOEING/UNITED AIRLINES, INC. PROPRIETARY	 

     

    

 

 

Attachment F to Letter
Agreement UAL-PA-03776-LA-1807420R1 

Part 1: Form of Special Matters Elements for *** Aircraft

 

 

  

		4.	Assignment.

 

Unless otherwise noted herein,
the *** described in this Letter Agreement are provided as a *** to Customer and in consideration of Customer’s taking title to
the Aircraft at time of delivery and becoming the operator of the Aircraft. Except as provided in Letter Agreement No. UAL-PA-04761-LA-1801472,
this Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing. For purposes of the ***.

 

		5.	Confidentiality

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

Very truly yours,

 

	THE
    BOEING COMPANY	 
	 	 
	By:	         	 
	 	 
	Its:	                Attorney-in-Fact	 
	 	 

 

    	UAL-PA-04761-LA-LA-2103122
 Special Matters		SA-6      
 Page 2    

	 	BOEING/UNITED AIRLINES, INC. PROPRIETARY	 

     

    

  

Attachment F to Letter
Agreement UAL-PA-03776-LA-1807420R1 

Part 1: Form of Special Matters Elements for *** Aircraft

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:		 
	 	 
	Its:	Executive Vice
    President and 

                   Chief Financial Officer	 
	 	 	 

 

    	UAL-PA-04761-LA-LA-2103122
 Special Matters		SA-6     
 Page 3   

	 	BOEING/UNITED AIRLINES, INC. PROPRIETARY	 

     

    

 

Attachment F to Letter
Agreement UAL-PA-03776-LA-1807420R1

Part 2: Form of Open Matters Elements for *** Aircraft

 

	 	 
	 	The
                                            Boeing Company 

                                            P.O. Box 3707

                                            Seattle, WA 98124-2207

 

 

 

UAL-PA-04761-LA-2103124

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

		Subject:	Open Matters Relating to *** Model 737-***
                                            Aircraft

 

	References:	(1)	Purchase Agreement No.  04761
                                            (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines,
                                            Inc. (Customer) relating to Model 737 MAX aircraft (Aircraft); and

 

		(2)	Aircraft General Terms Agreement between
                                            The Boeing Company (Boeing) and United Airlines, Inc. (Customer) identified
                                            as AGTA-CAL (AGTA)

 

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

 

		1.	Background.

 

Given timing and nature
of the Parties’ agreement related to the purchase of *** new 737-*** Aircraft with *** engines (*** Aircraft), the Parties
agree and hereby acknowledge that certain elements have not been defined. Therefore, Boeing and Customer agree to work together as ***
Aircraft delivery program develops as related herein.

 

		2.	Configuration ***.

 

2.1       Boeing will ***.

 

2.2      To the extent Customer requests
*** between Customer and Boeing.

 

		3.	Amendment for *** Aircraft
                                            Elements.

 

Boeing will provide a written
amendment to the Purchase Agreement (Amendment). Customer will execute an Amendment to address the items below:

 

3.1       On
or before *** Boeing will provide a revised Table 1 for the *** Aircraft which will specify the scheduled delivery month of each of the
*** Aircraft, ***.

  

    	UAL-PA-04761-LA-2103124

                                            Open Matters Relating to *** Model 737-***
                                            Aircraft		SA6      
 Page 1  

	 	BOEING/UNITED AIRLINES, INC. PROPRIETARY	 

     

    

  

Attachment F to Letter
Agreement UAL-PA-03776-LA-1807420R1 

Part 2: Form of Open Matters Elements for *** Aircraft

 

 

 

3.2       Additionally,
the parties will execute any other additional letter agreements or exhibits or supplemental exhibits that the parties deem necessary
to deliver the *** Aircraft to Customer in such Amendment or in a subsequent Amendment.

 

		4.	Buyer Furnished Equipment.

 

Exhibit A, “Buyer
Furnished Equipment Provisions Document”, to the AGTA will fully govern the responsibilities and obligations of the Parties for
BFE identified in the ***

 

		5.	***

 

		6.	Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the right and obligations described in this Letter Agreement arc provided to Customer in consideration
of Customer's becoming the operator of the Aircraft and cannot be assigned in whole or, in part.

 

		7.	Confidentiality

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	      	 
	 	 
	Its:	             Attorney-in-Fact	 
	 	 

 

    	UAL-PA-04761-LA-2103124
 Open Matters Relating to *** Model 737-*** Aircraft		SA-6        
 Page 2     

	 	BOEING/UNITED
                                            AIRLINES, INC. PROPRIETARY	 

     

    

 

Attachment F to Letter
Agreement UAL-PA-03776-LA-1807420R1 

Part 2: Form of Open Matters Elements for *** Aircraft

 

 

 

	ACCEPTED AND AGREED TO this	 
	 	 
	Date:	 	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	 	 
	 	 
	Its:	Executive Vice President 	 
	 	Chief Financial Officer	 
	 	 	 

  

    	UAL-PA-04761-LA-2103124
 Open Matters Relating to *** Model 737-*** Aircraft		SA6      
 Page 3  

	 	BOEING/UNITED AIRLINES, INC. PROPRIETARY	 

     

    

  

 

		The
                                            Boeing Company

                                                                                P.O. Box 3707

                                                                                Seattle, WA
                                            98124-2207

 

UAL-PA-04761-LA-1900347

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	737-8 ***
	 	 

	Reference:	Purchase Agreement No. PA-04761 (Purchase Agreement)
                                      between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating
                                      to Model 737 MAX aircraft (Aircraft)

 

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

 

Boeing agrees to provide
Customer with the *** in the Attachment to this Letter Agreement. ***

 

1.          
Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or in part.

 

2.          
Confidential Treatment.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	/s/
    Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact	 

 

	UAL-PA-04761-LA-1900347	SA-6
	737-8 ***	Page 1

BOEING / UNITED AIRLINES,
INC. PROPRIETARY

 

     

    

    

 

 

	

    ACCEPTED AND AGREED TO this
	 
	 	 
	Date:	June
    27, 2021	 
	 	 
	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By:	/s/
    Gerald Laderman	 
	 	 
	Its:	Executive
    Vice President and Chief Financial Officer	 
	 	 	 	 

	UAL-PA-04761-LA-1900347	SA-6
	737-8 ***	Page 2

BOEING / UNITED AIRLINES,
INC. PROPRIETARY

 

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 2

 

MODEL 737-8 ***

 

FOR United Airlines,
Inc.

 

	 	SECTION	CONTENTS	 
	 	 	 	 
		1	AIRCRAFT MODEL APPLICABILITY	 
	 	 	 	 
		2	FLIGHT PERFORMANCE	 
	 	 	 	 
		3	AIRCRAFT CONFIGURATION	 
	 	 	 	 
		4	***	 
	 	 	 	 
		5	***	 
	 	 	 	 
		6	***	 

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

 

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 3

 

	1.	AIRCRAFT MODEL APPLICABILITY

 

The *** contained in this Attachment
(the "***") are applicable to the 737-8 Aircraft with a maximum takeoff weight of *** pounds, a maximum landing weight of ***
pounds, and a maximum zero fuel weight of *** pounds, and equipped with Boeing furnished *** engines.

 

	2.	FLIGHT PERFORMANCE

 

	2.1	Takeoff

 

		2.1.1	The FAA-approved takeoff field length
                                            at a gross weight at the start of the ground roll of *** pounds, at a temperature of ***°F,
                                            at a sea level altitude, with an alternate forward center of gravity limit of *** percent
                                            of the mean aerodynamic chord, and using maximum takeoff thrust, will not be more than the
                                            following *** value:

 

		***	***   feet

 

		2.1.2	The FAA-approved takeoff gross weight
                                            at the start of ground roll, at a temperature of ***°F, at an altitude of *** feet, from
                                            a *** foot dry runway, with an alternate forward center of gravity limit of *** percent of
                                            the mean aerodynamic chord, and using maximum takeoff thrust, will not be less than the following
                                            *** value:

 

		***	***   pounds

 

		2.1.3	The FAA-approved takeoff gross weight
                                            at the start of ground roll, at a temperature of ***°F, at an altitude of *** feet, from
                                            a *** foot dry runway, with an alternate forward center of gravity limit of *** percent of
                                            the mean aerodynamic chord, and using maximum takeoff thrust, will not be less than the following
                                            *** value:

 

		***	***   pounds

 

	2.2	Landing

 

		2.2.1	The FAA-approved landing field length
                                            at a gross weight of *** pounds and at a *** altitude, will not be more than the following
                                            *** value:

 

		***	***   feet

 

		2.2.2	The FAA-approved landing field length
                                            at a gross weight of *** pounds and at an altitude of *** feet, will not be more than the
                                            following *** value:

 

		***	***   feet

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 4

 

	2.3	Enroute One-Engine-Inoperative Altitude

 

		2.3.1	The FAA-approved enroute one-engine-inoperative
                                            altitude at which the available gross climb gradient equals *** percent at a gross weight
                                            of *** pounds on an ***°C day using not more than maximum continuous thrust, will not
                                            be less than the following *** value:

 

		***	***   feet

 

	2.4	Altitude Capability - All Engines Operating

 

The altitude capability at a gross weight
of *** pounds, on an ***°C day, at *** Mach number, and satisfying the conditions defined below, will not be less than the following
*** value:

 

		NOMINAL:	***   feet

		TOLERANCE:	***   feet

		***	***   feet

 

Conditions:

 

		1)	The Aircraft will be capable of maintaining
                                            ***.

 

		2)	The Aircraft will be capable of ***.

 

		3)	The Aircraft will have ***.

 

	2.5	Mission

 

	2.5.1	Mission Payload

 

The payload for a stage length of ***
nautical miles in still air (representative of a *** route in summer) using the conditions and operating rules defined below, will not
be less than the following *** value:

 

		NOMINAL:	***   pounds

		TOLERANCE:	***   pounds

		***	***   pounds

 

Conditions and operating rules:

 

	 	Stage Length:	The stage length is defined as the sum of
    the distances for the climbout maneuver, climb, cruise, and descent.
	 	 	 
	 	Takeoff:	The airport altitude is *** feet.
	 	 	 
	 	 	The airport temperature is ***°F.

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 5

 

	 	 	The runway length is *** feet.
	 	 	 
	 	 	The runway slope is *** percent uphill.
	 	 	 
	 	 	The minimum level off height is *** feet.
	 	 	 
	 	 	The following obstacle definition is based
    on a straight out departure where obstacle height and distance are specified with reference to the liftoff end of the runway:

 

	 	/		Height	Distance	 
	 	 	1.	*** feet	*** feet	 
	 	 	2.	*** feet	*** feet	 
	 	 	3.	*** feet	*** feet	 
	 	 	4.	*** feet	*** feet	 
	 	 	5.	*** feet	*** feet	 
	 	 	6.	*** feet	*** feet	 
	 	 	7.	*** feet	*** feet	 

 

	 	 	Takeoff performance is based on an alternate
    forward center of gravity limit of *** percent of the mean aerodynamic chord. 
	 	 	 
	 	 	Maximum takeoff thrust is used for the takeoff.
	 	 	 
	 	 	The takeoff gross weight will conform to
    FAA Regulations.
	 	 	 
	 	Climbout Maneuver:	Following the takeoff to *** feet, the Aircraft
    retracts landing gear, climbs to *** feet above the departure airport altitude and accelerates to the recommended speed while retracting
    flaps.
	 	 	 
	 	Climb:	The Aircraft climbs from the initial climb
    altitude to *** feet altitude at the recommended speed.
	 	 	 
	 	 	The Aircraft then accelerates at a rate
    of climb of *** feet per minute to the recommended climb speed for minimum block fuel.
	 	 	 
	 	 	The climb continues at the recommended climb
    speed for minimum block fuel to the final climb altitude.
	 	 	 
	 	 	The temperature is ***°C during climb.
	 	 	 
	 	 	Maximum climb thrust is used during climb.

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 6

 

	 	Cruise:	The Aircraft cruises at *** Mach number.
	 	 	 
	 	 	The Aircraft cruises at eastbound *** cruise
    altitudes.
	 	 	 
	 	 	The temperature is ***°C during cruise.
	 	 	 
	 	 	The cruise thrust is not to exceed maximum
    cruise thrust except during a step climb when maximum climb thrust may be used.
	 	 	 
	 	Descent:	The Aircraft descends from the final cruise
    altitude at *** KCAS to an altitude of *** feet above the destination airport altitude.
	 	 	 
	 	 	Throughout the descent, the cabin pressure
    is controlled to a maximum rate of descent equivalent to *** feet per minute at sea level.
	 	 	 
	 	 	The temperature is ***°C during descent.
	 	 	 
	 	 	Minimum flight idle thrust is used during
    descent.
	 	 	 
	 	Approach and Landing Maneuver:	The Aircraft decelerates to the final approach
    speed while extending flaps and landing gear, then descends and lands.
	 	 	 
	 	 	The destination airport altitude is ***
    feet.
	 	 	 
	 	Fixed Allowances:	For the purpose of this *** and for the
    purpose of establishing compliance with this ***, the following will be used as fixed quantities and allowances:

 

	 	Taxi-Out:	 
	 	Fuel	*** pounds	 
	 	 	 	 
	 	Takeoff and Climbout Maneuver:	 
	 	Fuel	*** pounds	 
	 	Distance	*** nautical miles	 
	 	 	 	 
	 	Approach and Landing Maneuver:	 
	 	Fuel	*** pounds	 
	 	 	 	 
	 	Taxi-In (will be consumed from the reserve fuel):
	 	Fuel	*** pounds	 

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 7

 

	 	 	 
	 	 	Usable reserve fuel remaining upon completion of the approach and landing
    maneuver: *** pounds
	 	 	 
	 	 	For information purposes, the reserve fuel
    is based on a hold equivalent to *** minutes at *** feet above sea level on a standard day at the Maximum Landing Weight.
	 	 	 

 

	2.5.2	Mission Payload

 

The payload for a stage length of ***
nautical miles in still air (representative of a New York to Anchorage route in August) using the conditions and operating rules defined
below, will not be less than the following g*** value:

 

		NOMINAL:	***   pounds

		TOLERANCE:	***   pounds

		***	***   pounds

 

Conditions and operating rules:

 

	Stage Length:	The stage length is defined
    as the sum of the distances for the climbout maneuver, climb, cruise, and descent.
	 	 
	Takeoff:	The airport altitude is
    *** feet.
	 	 
	 	The airport temperature
    is ***°F.
	 	 
	 	The runway length is ***
    feet.
	 	 
	 	The minimum level off height
    is *** feet.
	 	 
	 	The following obstacle
    definition is based on a straight out departure where obstacle height and distance are specified with reference to the liftoff end
    of the runway:

 

	 		Height	Distance	 
	 	1.	*** feet	*** feet	 
	 	2.	*** feet	*** feet	 
	 	3.	*** feet	*** feet	 
	 	4.	*** feet	*** feet	 
	 	5.	*** feet	*** feet	 
	 	6.	*** feet	*** feet	 

 

	 	Takeoff performance is
    based on an alternate forward center of gravity limit of *** percent of the mean aerodynamic chord. 

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 8

 

	 	Maximum takeoff thrust
    is used for the takeoff.
	 	 
	 	The takeoff gross weight
    will conform to FAA Regulations.
	 	 
	Climbout Maneuver:	Following the takeoff to
    *** feet, the Aircraft retracts landing gear, climbs to *** feet above the departure airport altitude and accelerates to the recommended
    speed while retracting flaps.
	 	 
	Climb:	The Aircraft climbs from
    the initial climb altitude to *** feet altitude at the recommended speed.
	 	 
	 	The Aircraft then accelerates
    at a rate of climb of *** feet per minute to the recommended climb speed for minimum block fuel.
	 	 
	 	The climb continues at
    the recommended climb speed for minimum block fuel to the final climb altitude.
	 	 
	 	The temperature is ***°C
    during climb.
	 	 
	 	Maximum climb thrust is
    used during climb.
	 	 
	Cruise:	The Aircraft cruises at
    *** Mach number.
	 	 
	 	The Aircraft cruises at
    westbound ICAO RVSM cruise altitudes.
	 	 
	 	The temperature is ***°C
    during cruise.
	 	 
	 	The cruise thrust is not
    to exceed maximum cruise thrust except during a step climb when maximum climb thrust may be used.
	 	 
	Descent:	The Aircraft descends from
    the final cruise altitude at *** KCAS to an altitude of *** feet above the destination airport altitude.
	 	 
	 	Throughout the descent,
    the cabin pressure is controlled to a maximum rate of descent equivalent to *** feet per minute at sea level.
	 	 
	 	The temperature is ***°C
    during descent.
	 	 
	 	*** flight idle thrust
    is used during descent.

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 9

 

	Approach and Landing
    Maneuver:	The Aircraft decelerates
    to the final approach speed while extending flaps and landing gear, then descends and lands.
	 	 
	 	The destination airport
    altitude is *** feet.
	 	 
	Fixed Allowances:	For the purpose of this
    *** and for the purpose of establishing compliance with this ***, the following will be used as fixed quantities and allowances:

 

	 	Taxi-Out:	 
	 	Fuel	*** pounds	 
	 	 	 	 
	 	Takeoff and Climbout Maneuver:	 
	 	Fuel	*** pounds	 
	 	Distance	*** nautical miles	 
	 	 	 	 
	 	Approach and Landing Maneuver:	 
	 	Fuel	*** pounds	 
	 	 	 	 
	 	Taxi-In (will be consumed from the reserve fuel):
	 	Fuel	*** pounds	 

 

	 	Usable reserve fuel remaining upon completion
    of the approach and landing maneuver: *** pounds
	 	 
	 	For information purposes,
    the reserve fuel is based on a hold equivalent to *** minutes at *** feet above sea level on a standard day at the Maximum Landing
    Weight.

 

	2.5.3	Mission Payload

 

The payload for a stage length of ***
nautical miles in still air (representative of a *** route in winter) using the conditions and operating rules defined below, will not
be less than the following *** value:

 

		NOMINAL:	***   pounds

		TOLERANCE:	***   pounds

		***:	***   pounds

 

Conditions and operating rules:

 

	 	Stage Length:	The stage length is defined as the sum of
    the distances for the climbout maneuver, climb, cruise, and descent.
	 	 	 
	 	Takeoff:	The airport altitude is *** feet.

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 10

 

	 	 	The airport temperature is ***°F.
	 	 	 
	 	 	The runway length is *** feet.
	 	 	 
	 	 	The runway slope is *** percent downhill.
	 	 	 
	 	 	Takeoff performance is based on an alternate
    forward center of gravity limit of *** percent of the mean aerodynamic chord. 
	 	 	 
	 	 	Maximum takeoff thrust is used for the takeoff.
	 	 	 
	 	 	The takeoff gross weight will conform to
    FAA Regulations.
	 	 	 
	 	Climbout Maneuver:	Following the takeoff to *** feet, the Aircraft
    retracts landing gear, climbs to *** feet above the departure airport altitude and accelerates to the recommended speed while retracting
    flaps.
	 	 	 
	 	Climb:	The Aircraft climbs from the initial climb
    altitude to *** feet altitude at the recommended speed.
	 	 	 
	 	 	The Aircraft then accelerates at a rate
    of climb of *** feet per minute to the recommended climb speed for minimum block fuel.
	 	 	 
	 	 	The climb continues at the recommended climb
    speed for minimum block fuel to the final climb altitude.
	 	 	 
	 	 	The temperature is ***°C during climb.
	 	 	 
	 	 	Maximum climb thrust is used during climb.
	 	 	 
	 	Cruise:	The Aircraft cruises at *** Mach number.
	 	 	 
	 	 	The Aircraft cruises at westbound ICAO RVSM
    cruise altitudes.
	 	 	 
	 	 	The temperature is ***°C during cruise.
	 	 	 
	 	 	The cruise thrust is not to exceed maximum
    cruise thrust except during a step climb when maximum climb thrust may be used.

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

     

    

    

 

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 11

 

	 	Descent:	The Aircraft descends from the
    final cruise altitude at *** KCAS to an altitude of *** feet above the destination airport altitude.
	 	 	 
	 	 	Throughout the descent, the
    cabin pressure is controlled to a maximum rate of descent equivalent to *** feet per minute at sea level.
	 	 	 
	 	 	The temperature is ***°C
    during descent.
	 	 	 
	 	 	Minimum flight idle thrust is
    used during descent.
	 	 	 
	 	Approach 

    and Landing Maneuver:	The Aircraft decelerates to
    the final approach speed while extending flaps and landing gear, then descends and lands.
	 	 	 
	 	 	The destination airport altitude
    is *** feet.
	 	 	 
	 	Fixed Allowances:	For the purpose of this ***
    and for the purpose of establishing compliance with this ***, the following will be used as fixed quantities and allowances:
	 	 	 
	 	 	Taxi-Out:

                                               Fuel
	*** pounds
	 	 	 
	 	 	Takeoff and Climbout Maneuver:
	 	 	

        Fuel
	*** pounds
	 	 	Distance	*** nautical miles
	 	 	 
	 	 	Approach and Landing Maneuver:
	 	 	

                    Fuel
	*** pounds

	 	 	 
	 	 	Taxi-In (will be consumed from the reserve fuel):
	 	 	

        Fuel
	*** pounds
	 	 	 
	 	 	Usable reserve fuel remaining upon completion of the approach
    and landing maneuver: *** pounds
	 	 	 
	 	 	For information purposes, the
    reserve fuel is based on a hold equivalent to *** minutes at *** feet above sea level on a standard day at the Maximum Landing Weight.

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY 

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 12

 

2.5.4                      
Mission Payload

 

The payload for a stage length of ***
nautical miles in still air (representative of a *** route in winter) using the conditions and operating rules defined below, will not
be less than the following *** value:

 

	 	NOMINAL:	***  pounds
	 	TOLERANCE:	***  pounds
	 	***:	***  pounds

 

Conditions and operating rules:

 

	 	Stage Length:	The stage length
    is defined as the sum of the distances for the climbout maneuver, climb, cruise, and descent.
	 	 	 
	 	Takeoff:	The airport
    altitude is *** feet.
	 	 	 
	 	 	The airport
    temperature is ***°F.
	 	 	 
	 	 	The runway
    length is *** feet.
	 	 	 
	 	 	The headwind
    is *** knots.
	 	 	 
	 	 	The runway
    slope is *** percent downhill.
	 	 	 
	 	 	The minimum
    level off height is *** feet.
	 	 	 
	 	 	The following
    obstacle definition is based on a straight out departure where obstacle height and distance are specified with reference to the liftoff
    end of the runway:
	 	 	 
	 	 	

    1.	Height

    *** feet	Distance

                                               ***
                                            feet

	 	 	 
	 	 	Takeoff performance
    is based on an alternate forward center of gravity limit of *** percent of the mean aerodynamic chord. 
	 	 	 
	 	 	Maximum takeoff
    thrust is used for the takeoff.
	 	 	 
	 	 	The takeoff
    gross weight will conform to FAA Regulations.
	 	 	 
	 	Climbout Maneuver:	Following the
    takeoff to *** feet, the Aircraft retracts landing gear, climbs to *** feet above the departure airport altitude and accelerates
    to the recommended speed while retracting flaps.

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 13

 

	 	Climb:	The Aircraft
    climbs from the initial climb altitude to *** feet altitude at the recommended speed.
	 	 	 
	 	 	The Aircraft then accelerates
    at a rate of climb of *** feet per minute to the recommended climb speed for minimum block fuel.
	 	 	 
	 	 	The climb continues at
    the recommended climb speed for minimum block fuel to the final climb altitude.
	 	 	 
	 	 	The temperature is ***°C
    during climb.
	 	 	 
	 	 	Maximum climb thrust is
    used during climb.
	 	 	 
	 	Cruise:	The Aircraft cruises at
    *** Mach number.
	 	 	 
	 	 	The Aircraft cruises at
    eastbound ICAO RVSM cruise altitudes.
	 	 	 
	 	 	The temperature is ***°C
    during cruise.
	 	 	 
	 	 	The cruise thrust is not
    to exceed maximum cruise thrust except during a step climb when maximum climb thrust may be used.
	 	 	 
	 	Descent:	The Aircraft descends from
    the final cruise altitude at *** KCAS to an altitude of *** feet above the destination airport altitude.
	 	 	 
	 	 	Throughout the descent,
    the cabin pressure is controlled to a maximum rate of descent equivalent to *** feet per minute at sea level.
	 	 	 
	 	 	The temperature is ***°C
    during descent.
	 	 	 
	 	 	Minimum flight idle thrust
    is used during descent.
	 	 	 
	 	Approach 

    and Landing Maneuver:	The Aircraft decelerates
    to the final approach speed while extending flaps and landing gear, then descends and lands.
	 	 	 
	 	 	The destination airport
    altitude is *** feet.

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 14

 

	 	Fixed Allowances:	For the purpose
of this *** and for the purpose of establishing compliance with this ***, the following will be used as fixed quantities and allowances:
	 	 	 
	 	 	Taxi-Out:
	 	 	Fuel	*** pounds
	 	 	 
	 	 	Takeoff and Climbout Maneuver:
			Fuel
 Distance	*** pounds

*** nautical miles
	 	 	 
	 	 	Approach and Landing Maneuver:
	 	 	Fuel	*** pounds
	 	 	 
	 	 	Taxi-In (will be consumed from the reserve
fuel):
	 	 	Fuel	*** pounds
	 	 	 
	 	 	Usable reserve fuel remaining upon completion
of the approach and landing maneuver: *** pounds
	 	 	 
	 	 	For information
purposes, the reserve fuel is based on a hold equivalent to *** minutes at *** feet above sea level on a standard day at the Maximum
Landing Weight.

 

2.5.5                       Mission
                                            Block Fuel

 

The block fuel for a stage length of
*** nautical miles in still air with a *** pound payload using the conditions and operating rules defined below, will not be more than
the following *** value:

 

	 	NOMINAL:	***  pounds
	 	TOLERANCE:	***  pounds
	 	***:	***  pounds

 

Conditions and operating rules:

 

	 	Stage
    Length:	The
    stage length is defined as the sum of the distances for the climbout maneuver, climb, cruise, and descent.
	 	 	 
	 	Block
    Fuel:	The
    block fuel is defined as the sum of the fuel used for taxi-out, takeoff and climbout maneuver, climb, cruise, descent, approach and
    landing maneuver, and taxi-in.
	 	 	 
	 	Takeoff:	The
    airport altitude is sea level.
	 	 	 
	 	 	The
    takeoff gross weight is not limited by the airport conditions.

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 15

 

	 	Climbout
    Maneuver:	Following
    the takeoff to *** feet, the Aircraft retracts landing gear, climbs to *** feet above the departure airport altitude and accelerates
    to the recommended speed while retracting flaps.
	 	 	 
	 	Climb:	The
    Aircraft climbs from the initial climb altitude to *** feet altitude at the recommended speed.
	 	 	 
	 	 	The
    Aircraft then accelerates at a rate of climb of *** feet per minute to the recommended climb speed for minimum block fuel.
	 	 	 
	 	 	The
    climb continues at the recommended climb speed for minimum block fuel to the final climb altitude.
	 	 	 
	 	 	The
    temperature is standard day during climb.
	 	 	 
	 	 	Maximum
    climb thrust is used during climb.
	 	 	 
	 	Cruise:	The
    Aircraft cruises at *** Mach number.
	 	 	 
	 	 	The
    Aircraft cruises at westbound ICAO RVSM cruise altitudes.
	 	 	 
	 	 	The
    temperature is standard day during cruise.
	 	 	 
	 	 	The
    cruise thrust is not to exceed maximum cruise thrust except during a step climb when maximum climb thrust may be used.
	 	 	 
	 	Descent:	The
    Aircraft descends from the final cruise altitude at *** KCAS to an altitude of *** feet above the destination airport altitude.
	 	 	 
	 	 	Throughout
    the descent, the cabin pressure is controlled to a maximum rate of descent equivalent to *** feet per minute at sea level.
	 	 	 
	 	 	The
    temperature is standard day during descent.
	 	 	 
	 	 	Minimum
    flight idle thrust is used during descent.
	 	 	 
	 	Approach 

    and Landing Maneuver:	The
    Aircraft decelerates to the final approach speed while extending flaps and landing gear, then descends and lands.

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 16

 

	 	 	The
    destination airport altitude is sea level.
	 	 	 
	 	Fixed
    Allowances:	For
    the purpose of this *** and for the purpose of establishing compliance with this ***, the following will be used as fixed quantities
    and allowances:
	 	 	 
	 	 	Taxi-Out:

                                    Fuel
	*** pounds

	 	 	 
	 	 	Takeoff and Climbout Maneuver:
	 	 	

                                                Fuel
                                            

                                            Distance
	*** pounds

                                            *** nautical
                                            miles

	 	 	 
	 	 	Approach and Landing Maneuver:
	 	 	

                                      Fuel
	*** pounds
	 	 	 
	 	 	Taxi-In (will
    be consumed from the reserve fuel):
	 	 	

                                    Fuel
	*** pounds
	 	 	 
	 	 	Usable reserve
    fuel remaining upon completion of the approach and landing maneuver: *** pounds
	 	 	 
	 	 	For
    information purposes, the reserve fuel is based on a hold equivalent to *** minutes at *** feet above sea level on a standard day
    at the Maximum Landing Weight.

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 17

 

2.5.6                       Operational
Empty Weight Basis

 

The
Operational Empty Weight (OEW) derived in paragraph 2.5.7 is the basis for the mission *** of paragraphs 2.5.1 through 2.5.5.

 

2.5.7                       737-8
Weight Summary - United Airlines, Inc.  

 	 	 	pounds	 
	Standard Model Specification Manufacturer's
    Empty Weight (MEW)	 	 	 	 
	 	 	 	 	 
	Configuration Specification   ***	 	 	 	 
	     *** Tourist Class Passengers	 	 	 	 
	     *** Engines	 	 	 	 
	 	 	 	 	 
	***	 	 	 	 
	***	 	 	***	 

 

	United Airlines, Inc. MEW	 	 	***	 
	 	 	 	 	 
	  Standard and Operational Items Allowance	 	 	***	 
	 (Paragraph 2.5.8)	 	 	 	 
	 	 	 	 	 
	United Airlines, Inc.
    OEW	 	 	***	 

 

	 	quantity	 	pounds	 	pounds	 
	 	 	 	 	 	 	 
	***	***	 	***	 	***	 

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 18

 

2.5.8                      Standard
and Operational Items Allowance 

 		 	 	quantity	 	 	 	pounds	 	 	 	pounds	 	 	 	pounds	 
	Standard Items Allowance	 	 	 	 	 	 	 	 	 	 	 	 	 	 	***	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Unusable Fuel	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Oil	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Oxygen Equipment	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Miscellaneous Equipment	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Galley Structure & Fixed Inserts	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Operational Items Allowance	 	 	 	 	 	 	 	 	 	 	 	 	 	 	***	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Crew and Crew Baggage	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Flight Crew	 	 	***	 	 	 	***	 	 	 	 	 	 	 	 	 
	Cabin Crew	 	 	***	 	 	 	***	 	 	 	 	 	 	 	 	 
	Crew Baggage	 	 	***	 	 	 	***	 	 	 	 	 	 	 	 	 
	Catering Allowance & Removable
    Inserts	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	First Class	 	 	***	 	 	 	***	 	 	 	 	 	 	 	 	 
	Economy Class	 	 	***	 	 	 	***	 	 	 	 	 	 	 	 	 
	Passenger Service Equipment	 	 	***	 	 	 	 	 	 	 	***	 	 	 	 	 
	Potable Water - *** USG	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Waste Tank Disinfectant	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	Emergency Equipment   (Including
    Overwater Equipment)	 	 	 	 	 	 	 	 	 	 	***	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total Standard and Operational Items Allowance	 	 	 	 	 	 	 	 	 	 	 	 	 	 	***	 

 

	P.A. No. 4761

    AERO-B-BBA4-M18-0999A	SA-6

                                                                                SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

Attachment to Letter Agreement

No. UAL-PA-04761-LA-1900347

***

Page 19 

 

3.                            AIRCRAFT
CONFIGURATION

 

		3.1	The *** contained in this Attachment
                                            are based on the Aircraft configuration as defined in ***, plus any changes mutually agreed
                                            upon or otherwise allowed by the Purchase Agreement to be incorporated into the Customer’s
                                            Detail Specification (herein referred to as the Detail Specification). Appropriate adjustment
                                            will be made for changes in such Detail Specification approved by the Customer and Boeing
                                            or otherwise allowed by the Purchase Agreement which cause changes to the flight performance
                                            and/or weight and balance of the Aircraft. Such adjustment will be accounted for by Boeing
                                            in its evidence of compliance with the ***.

 

		3.2	The *** payloads of paragraphs 2.5.1,
                                            2.5.2, 2.5.3, and 2.5.4, and the specified payload of the paragraph 2.5.5 block fuel ***
                                            will be adjusted by Boeing for the effect of the following on OEW in its evidence of compliance
                                            with the ***:

 

(1)        Changes
to the Detail Specification or any other changes mutually agreed upon between the Customer and Boeing or otherwise allowed by the Purchase
Agreement.

 

(2)       The
difference between the component weight allowances given in Appendix E of the Detail Specification and the actual weights.

 

***

 

	P.A. No. 4761	SA-6
	AERO-B-BBA4-M18-0999A	SS21-0164

BOEING PROPRIETARY

 

     

     

    

 

 

 

		The Boeing Company

    P.O. Box 3707 

    Seattle, WA 98124 2207

 

UAL-PA-04761-LA-2100718R1

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	Certain Special Matters for the *** Aircraft
	 	 

	Reference:	Purchase Agreement No.  04761 (Purchase Agreement)
                                      between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating
                                      to Model 737 MAX aircraft (Aircraft)

 

This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the
same meaning as in the Purchase Agreement. This Letter Agreement supersedes
and replaces in its entirety Letter Agreement UAL-PA-04761-LA-2100718 dated February 26, 2021.

 

		1.	Definitions.

 

*** Aircraft shall
be comprised of each of the following Aircraft:

 

		(i)	each of the *** 737-***
                                            Aircraft specified in Table 1 titled “*** 737-*** Aircraft Delivery, Description,
                                            Price and ***” as of the date of this Letter Agreement (each an *** 737-***
                                            Aircraft);

 

		(ii)	each of the *** 737-***
                                            Aircraft specified in Table 1 titled “737-*** *** Aircraft Delivery, Description,
                                            Price and ***” as of the date of this Letter Agreement (each an *** 737-***
                                            *** Aircraft);

 

		(iii)	each of the *** 737-***
                                            Aircraft specified in Table 1 titled “*** 737-*** Aircraft Delivery, Description,
                                            Price and ***” (*** 737-*** Aircraft);

 

		(iv)	each of the *** 737-***
                                            Aircraft specified in Table 1 titled “*** 737-*** Aircraft Delivery, Description,
                                            Price and ***” as of the date of this Letter Agreement (each an *** 737-***
                                            Aircraft); and

 

		(v)	each 737-*** aircraft
                                            resulting from Customer’s *** in any of the *** 737-***Aircraft scheduled for
                                            delivery in *** pursuant to Letter Agreement LA-1807022R5, including successors thereof,
                                            titled “*** Aircraft – 737-***” shall be an *** 737-*** Aircraft).

 

		2.	*** for the *** 737-***
                                            Aircraft

 

In addition to the *** specified
in Sections 1.3 and 1.4 of Letter Agreement UAL-PA-04761-LA-1801467R4, including successors thereof, titled “Special Matters -
MAX Aircraft” (MAX Special Matters Letter), at the time of delivery Boeing shall ***

 

	UAL-PA-04761-LA-2100718R1	 	 	SA-6
	Special Matters *** Aircraft	 	 	Page
                                            1

BOEING / UNITED AIRLINES PROPRIETARY

 

    

     

    

 

 

 

		3.	*** Provisions for the
                                            *** 737-*** Aircraft.

 

3.1             In
addition to the *** specified in Section 1.1 of the MAX Special Matters Letter, each *** 737-*** Aircraft will be eligible for the ***
provided in this Section 3.

 

3.2             
Customer has requested *** from Boeing on the ***.

 

3.3             
In response to Customer’s request ***.

 

3.4             
***

 

4.             
***

 

5.             
***

 

5.1             ***
737-*** Aircraft. At the time of delivery of each *** 737-*** Aircraft, in addition to the *** specified in Section 1.1 of the MAX
Special Matters Letter, Boeing shall ***.

 

5.2             
*** 737-*** Aircraft.

 

5.2.1       
In addition to the *** specified in Section 1.1 of the MAX Special Matters Letter, each *** 737-*** Aircraft is eligible for the
following ***:

 

6.             
***

 

7.            
Assignment.

 

Unless otherwise noted herein,
the *** described in this Letter Agreement ***. Except as provided in Letter Agreement No. UAL-PA-04761-LA-1801472, this Letter Agreement
cannot be assigned, in whole or in part, without the prior written consent of Boeing. ***.

 

8.            
Confidentiality.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

Very truly yours,

 

	THE BOEING
    COMPANY	 
	 	 
	By:	                   /s/
    Irma L. Krueger	 
	 	 
	Its:	               Attorney-in-Fact	 

 

	UAL-PA-04761-LA-2100718R1	 	 	SA-6
	Special Matters *** Aircraft	 	 	Page
                                            2

BOEING / UNITED AIRLINES
PROPRIETARY

 

    

     

    

 

 

	 	 
	ACCEPTED AND AGREED
    TO this	 
	 	 
	Date:	June
    27, 2021	 

 

 

	 	 
	UNITED AIRLINES,
    INC.	 
	 	 
	By:	/s/
    Gerald Laderman	 
	 	 
	Its:	Executive
    Vice President and 

            Chief Financial Officer	 

 

	UAL-PA-04761-LA-2100718R1	 	 	SA-6
	Special Matters *** Aircraft	 	 	Page
                                            3

BOEING / UNITED AIRLINES PROPRIETARY

 

    

     

    

 

		The Boeing Company

    P.O. Box 3707 

    Seattle, WA 98124 2207

 

UAL-PA-04761-LA-2103100

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	Airline Operational Efficacy Matters
	 	 

	Reference:	Purchase Agreement No. PA-04761 (Purchase Agreement)
                                      between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating
                                      to Model 737 MAX aircraft (Aircraft)

 

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

 

1.            
AOE Program

 

Boeing has developed an airline
operational efficacy program (AOE Program) describing the industry accepted and regulatory required safety, operations, maintenance,
flight crew and engineering standards for operators of commercial aircraft (Industry Standards). The AOE Program consists of (i)
the review of Customer’s operational alignment with the Industry Standards to validate compliance therewith (Review); and
(ii) at Boeing’s discretion, the provision of support to Customer to enhance compliance to the Industry Standards where areas of
concern are identified (Support). ***.

 

2.            
Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or in part.

 

	UAL-PA-04761-LA-2103100
	 	 	SA-6
	Airline
                                            Operational Efficacy Matters
	 	 	Page
                                            1

BOEING / UNITED AIRLINES, INC. PROPRIETARY

 

    

     

    

 

 

 

3.            
Confidential Treatment.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

Very truly yours,

 

	THE BOEING COMPANY	 
	 	 
	By:	/s/
    Irma L. Krueger	 
	 	 
	Its:	Attorney-in-Fact	 
	 	 

 

	UAL-PA-04761-LA-2103100
	 	 	SA-6
	Airline
                                            Operational Efficacy Matters
	 	 	Page
                                            2

BOEING / UNITED AIRLINES,
INC. PROPRIETARY

 

    

     

    

 

 

 

	 

    ACCEPTED AND AGREED TO this
	 
	 	 
	Date:	June
    27, 2021	 

 

	 	 
	UNITED AIRLINES, INC.	 
	 	 
	 	 
	By:	/s/
    Gerald Laderman	 
	 	 
	Its:	Executive Vice
    President and Chief Financial Officer	 

 

	UAL-PA-04761-LA-2103100
	 	 	SA-6
	Airline
                                            Operational Efficacy Matters
	 	 	Page
                                            3

BOEING / UNITED AIRLINES,
INC. PROPRIETARY

 

    

     

    

 

		The Boeing Company

    P.O. Box 3707 

    Seattle, WA 98124 2207

 

UAL-PA-04761-LA-2103236

 

United Airlines, Inc.

233 South Wacker Drive

Chicago, Illinois 60606

 

	Subject:	***
	 	 

	References:	1)	Purchase Agreement No. 04761 (Purchase
                                            Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer)
                                            relating to Model 737 MAX aircraft (Aircraft), including Letter Agreement No.
                                            UAL-PA-04761-LA-1801468 entitled “***; and
	 	 	 

		2)	Aircraft General Terms Agreement dated as
                                            of October 10, 1997 between the parties, identified as AGTA-CAL (AGTA)

 

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

 

Definition of Terms:

 

***.

 

9.            
Assignment.

 

Except as provided in Letter
Agreement No. UAL-PA-04761-LA-1801472, the rights and obligations described in this Letter Agreement are provided to Customer in consideration
of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or, in part.

 

10.          
Confidential Treatment.

 

Customer and Boeing understand
that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential
and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-04761-LA-1801470.

 

Very truly yours,

 

	THE BOEING
    COMPANY	 
	 	 
	By:	  /s/
    Irma L. Krueger	 
	 	 
	Its:	  Attorney-in-Fact	 
	 	 

 

	UAL-PA-04761-LA-2103236	 
	***  	     Page
                                            1

BOEING / UNITED AIRLINES, INC. PROPRIETARY

 

    

     

    

 

 

 

	 

     

    ACCEPTED AND AGREED TO this
	 
	 	 
	Date:	June
    27, 2021	 

 

	 	 
	UNITED AIRLINES, INC.	 
	 	 
	By;	/s/
    Gerald Laderman	 
	 	 
	Its:	Executive Vice
    President and Chief Financial Officer	 

 

	UAL-PA-04761-LA-2103236	 
	***  	     Page
                                            2

BOEING / UNITED AIRLINES,
INC. PROPRIETARYDocument

Exhibit 10.16

RESTRICTED STOCK UNIT AWARD NOTICE

This Restricted Stock Unit Award Notice (this “Award Notice”), dated as of the date of grant as reflected in your [third party administrator] account (the “Grant Date”), sets forth the terms and conditions of an award (the “Award”) of time-vested restricted stock units (“RSUs”) that is subject to the terms and conditions specified herein and that is granted to you by United Airlines Holdings, Inc., a Delaware corporation (the “Company”), under the United Airlines Holdings, Inc. 2021 Incentive Compensation Plan (the “Plan”). 
This Award is subject to certain restrictions on transfer, risks of forfeiture, restrictive covenants (including confidentiality and non-competition obligations), and other terms and conditions specified herein and in the Plan. [You must accept this Award, in accordance with the processes of the third party administrator of the Plan, within                      (    ) calendar days of the Grant Date or it is subject to cancellation on the     th calendar day following the Grant Date.] 
SECTION 1. The Plan; Number of RSUs; CARES Act. 
(a)The Plan.  This Award is made pursuant to the Plan, all the terms of which are hereby incorporated into this Award Notice. In the event of any conflict between the terms of the Plan and the terms of this Award Notice, the terms of the Plan shall govern except to the extent that (i) any term herein is required to comply with the CARES Act (as defined below) or (ii) any term in the Plan is required to be modified to comply with the CARES Act.

(b)Number of RSUs. The number of RSUs subject to this Award are reflected in your [third party administrator] account.

(c)CARES Act.  The Company, United Airlines, Inc. (“United”), and United employees have benefited from U.S. government support provided by the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”) and subsequent payroll support and loan programs. Under the CARES Act, United and certain employees are subject to restrictions, including compensation limits applicable to employees whose 2019 total compensation exceeded $425,000. Additional compensation limits apply to employees with 2019 total compensation in excess of $3 million, and compensation limits also apply to employees with compensation over the specified limits during subsequent reference time periods. The Company and United have designed employee compensation programs to comply with the requirements of the CARES Act and the related payroll support and loan programs. Notwithstanding the foregoing, if this Award is deemed to violate requirements of the CARES Act and the related payroll support and loan programs, this Award shall be void to the extent necessary to comply with such requirements.

1
RSU Award Notice (time-vested; stock settled) (20__)

SECTION 2. Definitions. Capitalized terms used in this Award Notice that are not defined in this Award Notice have the meanings as used or defined in the Plan. As used in this Award Notice, the following terms have the meanings set forth below: 
“Cause” shall have the meaning set forth in any employment agreement or severance plan of the Company applicable to you and as in effect on the date hereof. 
“Involuntary Termination” shall mean any Termination of Employment by the Company which is not (i) by the Company due to Cause, (ii) due to your resignation, including due to Retirement, or (iii) a result of your death or Disability. If you provide notice of resignation, in no event shall your Termination of Employment be considered an Involuntary Termination by the Company, even if the effective date of termination is accelerated by the Company. 
“Retirement” shall mean your Termination of Employment upon having achieved age 50 with 20 years of service with the Company and its Affiliates, age 55 with ten years of service with the Company and its Affiliates, or age 65. 
SECTION 3. Vesting and Settlement. (a) Vesting. Your RSUs shall vest according to the schedule set forth in Section 3(a)(i) below, provided that you must be actively employed by the Company or an Affiliate on the relevant Vesting Date, except as set forth in Section 3(a)(ii) and (iii) below or as otherwise determined by the Committee in its sole discretion; provided further that, in the event of your Termination of Employment by reason of death or by the Company due to Disability, you shall immediately become entitled to vesting of all outstanding RSUs (and such RSUs shall be settled within 60 days of such Termination of Employment). 
(i) Subject to the terms and conditions of this Award Notice and to the provisions of the Plan, your RSUs shall vest and no longer be subject to any restriction in accordance with the following schedule: [vesting increments to be determined at date of grant] of the RSUs subject to the Award on the Grant Date shall vest on [vesting dates to be determined at date of grant]. In the event that this vesting schedule results in a fractional share, the fractional share will be rounded down on the first Vesting Date and carried forward. 

(ii) In the event of your Termination of Employment during the two-year period following a Change of Control, if such Termination of Employment constitutes either (A) an Involuntary Termination or (B) if applicable to you, a termination by you for “good reason” under the terms of any employment agreement or Company severance plan applicable to you and as in effect on the date hereof, then all outstanding RSUs shall immediately vest upon such Termination of Employment and you shall be entitled to settlement of all then outstanding RSUs within 60 days of your Termination of Employment. Notwithstanding the foregoing, your rights with respect to such RSUs shall be forfeited in accordance with Section 4 unless on or before the 60th day following your Termination of Employment, you have executed and delivered to the Company a valid waiver and release of all claims against the Company and its Subsidiaries and Affiliates, and you have not revoked such waiver and release of claims in accordance with its terms. 
2
RSU Award Notice (time-vested; stock settled) (20__)

(iii) In the event of your Termination of Employment by reason of Retirement, your then outstanding RSUs shall vest (and be settled within 60 days of your Termination of Employment) on a pro-rata basis effective as of the date of such Termination of Employment as follows: 
 
									
	 	A.	If such Retirement occurs on or before the first Vesting Date, the number of RSUs scheduled to vest on such Vesting Date pursuant to Section 3(a)(i) shall be multiplied by a fraction, the numerator of which is the number of days during the period beginning on the Grant Date and ending on the date of your Retirement and the denominator of which is [___], up to a maximum fraction equivalent to 100%. All remaining unvested RSUs shall be forfeited.

 
									
	 	B.	If such Retirement occurs after the first Vesting Date but on or before the second Vesting Date, the number of RSUs scheduled to vest on the second Vesting Date pursuant to Section 3(a)(i) shall be multiplied by a fraction, the numerator of which is the number of days during the period beginning on the day following the first Vesting Date and ending on the date of your Retirement and the denominator of which is [___]. All remaining unvested RSUs shall be forfeited.

 
									
	 	C.	If such Retirement occurs after the second Vesting Date, but on or before the final Vesting Date pursuant to Section 3(a)(i), the number of RSUs scheduled to vest on the [final Vesting Date][to be completed based on the number of Vesting Dates determined at Grant Date] pursuant to Section 3(a)(i) shall be multiplied by a fraction, the numerator of which is the number of days during the period beginning on the day following the second Vesting Date and ending on the date of your Retirement and the denominator of which is [___]. 

(b) Settlement of RSUs. The RSUs granted to you pursuant to this Award will be settled in Shares. The Company shall deliver to you, within 15 days after the Vesting Date on which the RSUs become vested, one Share for each RSU that becomes vested in accordance with the terms of this Award Notice; provided that if you are eligible for Retirement, such delivery date shall not be later than March 15th of the year following the year in which you are eligible for pro-rata vesting in accordance with this Award Notice. Upon settlement, a number of RSUs equal to the number of Shares represented thereby shall be extinguished and such number of RSUs will no longer be considered to be held by you for any purpose. 

SECTION 4. Forfeiture of RSUs. Unless the Committee determines otherwise, and except as otherwise provided in Section 3 of this Award Notice, if the Vesting Date with respect to any RSUs awarded to you pursuant to this Award Notice has not occurred prior to the date of your Termination of Employment, your rights with respect to such RSUs shall immediately 
3
RSU Award Notice (time-vested; stock settled) (20__)

terminate upon your Termination of Employment, and you will be entitled to no further payments or benefits with respect thereto. 
SECTION 5. Voting Rights; Dividend Equivalents. You do not have any of the rights of a stockholder with respect to the RSUs granted to you pursuant to this Award. Further, you do not have the right to vote or to receive any dividends or any dividend equivalents relating to such dividends declared or paid on the Shares with respect to the RSUs granted to you pursuant to this Award. 
SECTION 6. Non-Transferability of RSUs. Unless otherwise provided by the Committee in its discretion and notwithstanding clause (ii) of Section 10(a) of the Plan, prior to the date that they become vested, RSUs may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered by you, otherwise than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company, provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. 
SECTION 7. Data Privacy. You hereby explicitly consent to the collection, use and transfer, in electronic or other form, of your personal data as described in this Award Notice by and among, as applicable, the Company, its Affiliates and its Subsidiaries for the exclusive purpose of implementing, administering and managing your participation in the Plan. You understand that the Company (and/or your local employer, if applicable) holds certain personal information about you, which information may include, but is not limited to, your name, home address and telephone number, date of birth, email address, family size, marital status, sex, beneficiary information, emergency contacts, passport/visa information, age, language skills, drivers license information, nationality, resume, wage history, employment references, social insurance number or other identification number, salary, job title, employment or severance contract details, current wage and benefit information, personal bank account number, tax related information, plan or benefit enrollment forms and elections, option or benefit statements, any shares of stock or directorships in the Company, details of all shares (if any) granted, canceled, purchased, vested, unvested or outstanding for purpose of managing and administering the Plan (“Data”). You understand that Data may be transferred to any third parties assisting in the implementation, administration and management of the Plan, that these recipients may be located in your country or elsewhere, and that the recipient’s country may have different data privacy laws and protections than your country. You authorize the recipients to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing your participation in the Plan, including any requisite transfer of such Data as may be required to a broker or other third party with whom you may elect to deposit any proceeds acquired. You understand that Data will be held only as long as is necessary to implement, administer and manage your participation in the Plan. You understand that you may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing Human Resources. You understand, however, that refusing or withdrawing your consent may affect your ability to participate in the Plan. For more 
4
RSU Award Notice (time-vested; stock settled) (20__)

information on the consequences of your refusal to consent or withdrawal of consent, you understand that you may contact Human Resources. 

SECTION 8. Restrictive Covenants. You acknowledge that the Company is engaged in a highly competitive business and that the preservation of its Proprietary or Confidential Information (as defined in Section 8(a) below) to which you have been exposed or acquired, and will continue to be exposed to and acquire, is critical to the Company’s continued business success. You also acknowledge that the Company’s relationships with its business partners (which shall mean companies with whom the Company has corporate volume agreements or other high volume business, preferred vendors/suppliers, and travel distribution channel providers, hereinafter “Business Partners”), are extremely valuable and that, by virtue of your employment with the Company, you have had or may have contact with such Business Partners on behalf of and for the benefit of the Company. As a result, your engaging in or working for or with any business which is directly or indirectly competitive with the Company’s business, given your knowledge of the Company’s Proprietary or Confidential Information, would cause the Company great and irreparable harm if not done in strict compliance with the provisions of this Section 8. You, therefore, acknowledge and agree that in exchange for the Award and/or access to the Company’s Proprietary or Confidential Information you will be bound by, and comply in all respects with, the provisions of this Section 8. 
(a) Confidentiality. You shall at all times hold in strict confidence any Proprietary or Confidential Information related to the Company or any of its Affiliates, except that you may disclose such information as required by law, court order, regulation, or similar order or as otherwise provided in Section 8(i) below. For purposes of this Award Notice, the term “Proprietary or Confidential Information” shall mean all non-public information relating to the Company or any of its Affiliates (including but not limited to all marketing, alliance, social media, advertising, and sales plans and strategies; pricing information; financial, advertising, and product development plans and strategies; compensation and incentive programs for employees; alliance agreements, plans, and processes; plans, strategies, and agreements related to the sale of assets; third party provider agreements, relationships, and strategies; business methods and processes used by the Company and its employees; all personally identifiable information regarding Company employees, contractors, and applicants; lists of actual or potential Business Partners; and all other business plans, trade secrets, or financial information of strategic importance to the Company or its Affiliates) that is not generally known in the airline industry, that was learned, discovered, developed, conceived, originated, or prepared during your employment with Company, and the competitive use or disclosure of which would be harmful to the business prospects, financial status, or reputation of the Company or its Affiliates at the time of any disclosure by you. 
The relationship between you and the Company and its Affiliates is and shall continue to be one in which the Company and its Affiliates repose special trust and confidence in you, and one in which you have and shall have a fiduciary relationship to the Company and its Affiliates. As a result, the Company and its Affiliates shall, in the course of your duties to the Company, entrust you with, and disclose to you, Proprietary or Confidential Information. You recognize that Proprietary or Confidential Information has been developed or acquired, or will be 
5
RSU Award Notice (time-vested; stock settled) (20__)

developed or acquired, by the Company and its Affiliates at great expense, is proprietary to the Company and its Affiliates, and is and shall remain the property of the Company and its Affiliates. You acknowledge the confidentiality of Proprietary or Confidential Information and further acknowledge that you could not competently perform your duties and responsibilities in your position with the Company and/or its Affiliates without access to such information. You acknowledge that any use of Proprietary or Confidential Information by persons not in the employ of the Company and its Affiliates would provide such persons with an unfair competitive advantage which they would not have without the knowledge and/or use of the Proprietary or Confidential Information and that this would cause the Company and its Affiliates irreparable harm. You further acknowledge that because of this unfair competitive advantage, and the Company’s and its Affiliates’ legitimate business interests, which include their need to protect their goodwill and the Proprietary or Confidential Information, you have agreed to the post-employment restrictions set forth in this Section 8. Nothing in this Section 8(a) is intended, or shall be construed, to limit the protection of any applicable law or policy of the Company or its Affiliates that relates to the protection of trade secrets or confidential or proprietary information. 

(b) Non-Solicitation of Employees. During your employment and for the one-year period following termination of your employment for any reason (the “Coverage Period”), you hereby agrees not to, directly or indirectly, solicit, hire, seek to hire, or assist any other person or entity (on your own behalf or on behalf of such other person or entity) in soliciting or hiring any person who is at that time an employee, consultant, independent contractor, representative, or other agent of the Company or any of its Affiliates to perform services for any entity (other than the Company or its Affiliates), or attempt to induce or encourage any such employee to leave the employ of the Company or its Affiliates. 
(c) Notice of Intent to Resign. In the event you wish to voluntarily terminate your employment, you agree to provide the Company with four (4) weeks advance written notice (the “Notice Period”) of your intent to do so, and, if you intend or contemplate alternative employment, you also agree to provide the Company with accurate information concerning such alternative employment in sufficient detail to allow the Company to meaningfully exercise its rights under this Section 8. After receipt of such notice, the Company, in its sole, absolute and unreviewable discretion, may (i) require you to continue working during the Notice Period, (ii) relieve you of some or all of your work responsibilities during the Notice Period, or (iii) shorten the Notice Period and make your voluntary termination of employment effective immediately. 
(d) Non-Competition. 
(i) In return for, among other things, this Award and the Company’s promise to provide the Proprietary or Confidential Information described herein, you agree that during your employment and the Coverage Period, you shall not compete with the Company by providing work, services or any other form of assistance (whether or not for compensation) in any capacity, whether as an employee, consultant, partner, or otherwise, to any Competitor (as defined below) that (1) are the same or similar to the services you provided to the Company or (2) creates the reasonable risk that you will (willfully, inadvertently or inevitably) use or disclose Proprietary or 
6
RSU Award Notice (time-vested; stock settled) (20__)

Confidential Information. “Competitor” means any airline or air carrier that operates or does business in any State, territory, or protectorate of the United States in which the Company or an Affiliate does business and/or in any foreign country in which the Company or an Affiliate has an office, station, or branch or conducts business through its worldwide route structure, as of the date of your termination of employment with the Company or any of its Affiliates. You acknowledge that the Company and its Affiliates compete in a world-wide air transportation market that includes passenger transportation and services, air cargo services, repair and maintenance of aircraft and staffing services for third parties, logistics management and consulting, private jet operations and fuel deployment and management, and that the Company’s business plan is international in scope. You agree that, because the Company’s business is global in scope, this restriction is reasonable. You further acknowledge and agree that the restrictions imposed in this paragraph will not prevent you from earning a livelihood. 
(ii) Notwithstanding the foregoing, should you consider working for or with any actually, arguably, or potentially competing business following the termination of your employment with the Company or any of its Affiliates and during the Coverage Period, then you agree to provide the Company with two (2) weeks advance written notice of your intent to do so, and also to provide the Company with accurate information concerning the nature of your anticipated job responsibilities in sufficient detail to allow the Company to meaningfully exercise its rights under this paragraph. After receipt of such notice, the Company may then agree, in its sole, absolute, and unreviewable discretion, to waive, modify, or condition its rights under this Section 8. In particular, the Company may agree to modify Section 8(d)(i) if the Company concludes that (1) the work you will be performing for a Competitor is different from the work you were performing during your employment with the Company or any of its Affiliates; and/or (2) there is no reasonable risk that you will (willfully, inadvertently or inevitably) use or disclose Proprietary or Confidential Information. 

(iii) Further, notwithstanding the foregoing, you will not be subject to the non-competition obligations of Section 8(d) if the termination of your employment with the Company constitutes an Involuntary Termination or, if applicable to you, termination by you for “good reason” under the terms of any applicable employment agreement or other agreement or Company plan. 
(e) Non-Solicitation of Business Partners. You acknowledge that, by virtue of your employment by the Company or its Affiliates, you have gained or will gain knowledge of the identity, characteristics, and preferences of the Company’s Business Partners, among other Proprietary or Confidential Information, and that you would inevitably have to draw on such information if you were to solicit or service the Company’s Business Partners on behalf of a Competitor. Accordingly, during your employment and the Coverage Period, you agree not to, directly or indirectly, solicit the business of or perform any services of the type you performed or sell any products of the type you sold during your employment with the Company for or to actual or prospective Business Partners of the Company (i) as to which you performed services, sold products or as to which employees or persons under your supervision or authority performed such services, or had direct contact, or (ii) as to which you had access to Proprietary or Confidential Information during the course of your employment by the Company, or in any 
7
RSU Award Notice (time-vested; stock settled) (20__)

manner encourage or induce any such actual or prospective Business Partner to cease doing business with or in any way interfere with the relationship between the Company and its Affiliates and such actual or prospective Business Partner. You further agree that during your employment and the Covered Period, you will not encourage or assist any Competitor to solicit or service any actual or prospective Business Partners or otherwise seek to encourage or induce any Business Partners to cease doing business with, or reduce the extent of its business dealings with the Company. 
(f) Non-Interference. During your employment and the Coverage Period, you agrees that you shall not, directly or indirectly, induce or encourage any Business Partner or other third party, including any provider of goods or services to the Company, to terminate or diminish its business relationship with the Company; nor will you take any other action that could, directly or indirectly, be detrimental to the Company’s relationships with its Business Partners and providers of goods or services or other business affiliates or that could otherwise interfere with the Company’s business. 
(g) Non-Disparagement. You agree during and following employment not to make, or cause to be made, any statement, observation, or opinion, or communicate any information (whether oral or written, directly or indirectly) that (i) accuses or implies that the Company or its Affiliates engaged in any wrongful, unlawful or improper conduct, whether relating to your employment (or the termination thereof), the business or operations of the Company or its Affiliates, or otherwise; or (ii) disparages, impugns, or in any way reflects adversely upon the business or reputation of the Company or its subsidiaries or affiliates. Nothing herein will be deemed to preclude you from providing truthful testimony or information pursuant to subpoena, court order, or similar legal process, instituting and pursuing legal action, or engaging in other legally protected speech or other activities as set forth in Section 8(i) below. 
(h) Breach. You acknowledge that the restrictions contained in this Award Notice are fair, reasonable, and necessary for the protection of the legitimate business interests of the Company, that the Company will suffer irreparable harm in the event of any actual or threatened breach by you, and that it is difficult to measure in money the damages which will accrue to the Company by reason of a failure by you to perform any of your obligations under this Section 8. Accordingly, if the Company or any of its subsidiaries or affiliates institutes any action or proceeding to enforce their rights under this Section 8, to the extent permitted by applicable law, you hereby waive the claim or defense that the Company or its Affiliates has an adequate remedy at law, you shall not claim that any such remedy at law exists, and you consent to the entry of a restraining order, preliminary injunction, or other preliminary, provisional, or permanent court order to enforce this Award Notice, and expressly waives any security that might otherwise be required in connection with such relief. You also agree that any request for such relief by the Company shall be in addition and without prejudice to any claim for monetary damages and/or other relief which the Company might elect to assert. In the event you violate any provision of this Section 8, the Company shall be entitled to recover all costs and expenses of enforcement, including reasonable attorneys’ fees, and the time periods set forth above shall be extended for the period of time you remain in violation of the provisions. 
8
RSU Award Notice (time-vested; stock settled) (20__)

(i) Protected Rights. You understand that nothing contained in this Award Notice limits your ability to report possible violations of law or regulation to, or file a charge or complaint with, the Securities and Exchange Commission, the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the Department of Justice, the Congress, any Inspector General, or any other federal, state or local governmental agency or commission (“Government Agencies”). You further understand that this Agreement does not limit your ability to communicate with any Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. Nothing in this Agreement shall limit your ability under applicable United States federal law to (i) disclose in confidence trade secrets to federal, state, and local government officials, or to an attorney, for the sole purpose of reporting or investigating a suspected violation of law or (ii) disclose trade secrets in a document filed in a lawsuit or other proceeding, but only if the filing is made under seal and protected from public disclosure. 
(j) Blue Pencil. In the event any of the prohibitions or restrictions set forth in this Section 8 is found by a court or arbitrator of competent jurisdiction to be unreasonable or otherwise unenforceable, it is the purpose and intent of the parties that any such prohibitions or restrictions be deemed modified or limited so that, as modified or limited, such prohibitions or restrictions may be enforced to the fullest extent possible. 
SECTION 9. Tax Withholding and Consents. 
(a) Tax Withholding. The delivery of Shares pursuant to Section 3(b) of this Award Notice is conditioned on satisfaction of any applicable withholding taxes in accordance with Section 10(d) of the Plan. The Company will withhold from the number of Shares otherwise deliverable to you pursuant to Section 3(b) a number of Shares (or, to the extent applicable, such other securities) having a Fair Market Value equal to such withholding liability; provided that you may elect alternatively to satisfy your tax withholding obligation, in whole or in part, by any of the following means: (i) a cash payment to the Company or (ii) delivery (either actual delivery or by attestation procedures established by the Company) to the Company of previously owned whole Shares having an aggregate Fair Market Value equal to such withholding liability. Notwithstanding the foregoing, the Company shall be authorized to take such actions as the Company may deem necessary (including, without limitation, in accordance with applicable law, withholding amounts from any compensation or other amounts owing from the Company to you) to satisfy all obligations for the payment of such taxes. Subject to the terms of the Plan and as a condition of the Award, you acknowledge that, regardless of any action taken by the Company, or if different, your employer, the ultimate liability for all applicable Federal, state, local or foreign income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to your participation in the Plan and legally applicable to you (“Tax-Related Items”), is and remains your responsibility and may exceed the amount actually withheld by the Company, or if different, your employer. You further acknowledge that the Company and/or your employer (1) make no representations or undertaking regarding the treatment of any Tax-Related Items in connection with any aspect of the Award, including but not limited to, the grant, 
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vesting or settlement of the Award; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Award to reduce or eliminate your liability for Tax-Related Items or achieve any particular tax result. Further, if you are subject to Tax-Related Items in more than one jurisdiction between the Grant Date and the date of any relevant taxable or tax withholding event, as applicable, you acknowledge that the Company and/or the employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 

(b) Consents. Your rights in respect of the RSUs are conditioned on the receipt to the full satisfaction of the Committee of any required consents that the Committee may determine to be necessary or advisable (including, without limitation, your consenting to the Company’s supplying to any third-party recordkeeper of the Plan such personal information as the Committee deems advisable to administer the Plan). 
SECTION 10. Successors and Assigns of the Company. The terms and conditions of this Award Notice shall be binding upon and shall inure to the benefit of the Company and its successors and assigns. 
SECTION 11. Committee Discretion. Pursuant to Section 3(e) of the Plan, the Committee may delegate to one or more senior officers of the Company the authority to make grants of Awards and all necessary and appropriate decisions and determinations with respect thereto. The Committee, and any officer to whom the Committee has delegated authority pursuant to the Plan, shall have full and plenary discretion with respect to any actions to be taken or determinations to be made pursuant to the Plan and this Award Notice, and any such determinations shall be final, binding and conclusive. Any references in this Award Notice to the Committee shall be deemed to include any officer to whom the Committee has delegated authority pursuant to the Plan. 
SECTION 12. Amendment of this Award Notice. The Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate this Award Notice prospectively or retroactively; provided, however, that, except as set forth in Section 10(e) of the Plan relating to Section 409A of the Code, any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would materially and adversely impair your rights under this Award Notice shall not to that extent be effective without your consent (it being understood, notwithstanding the foregoing proviso, that this Award Notice and the RSUs shall be subject to the provisions of Section 7(c) of the Plan relating to the adjustment of Awards upon the occurrence of certain unusual, infrequently occurring or nonrecurring events). 
SECTION 13. Priority of Interpretation. To the extent permitted by the Plan, in the event of any conflict between the terms of this Award Notice and the terms of any plan, program, agreement or arrangement of the Company or any of its Subsidiaries applicable to you, the terms of such plan, program, agreement or arrangement shall govern; provided that the restrictions in Section 8 of this Award Notice shall apply in addition to, and shall not supersede or preclude or 
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be superseded or precluded by, any similar restrictions in any other plan, program, agreement or arrangement applicable to you. 
SECTION 14. Miscellaneous. 
(a) Continuation of Employment; Not a Contract of Employment; No Acquired Rights. This Award Notice shall not confer upon you any right to continuation of employment by the Company, its Affiliates, and/or its Subsidiaries, nor shall this Award Notice interfere in any way with the Company’s, its Affiliates’, and/or its Subsidiaries’ right to terminate your employment at any time, except to the extent expressly provided otherwise in a written agreement between you and the Company, an Affiliate or Subsidiary or as prohibited by law. 
(b) Not a Part of Salary. In accepting the grant of an Award under the Plan, you acknowledge that: (i) the Plan is established voluntarily by the Company, it is discretionary in nature and it may be modified, suspended or terminated by the Company at any time, as provided in the Plan and this Award Notice; (ii) the grant of the RSUs is voluntary and occasional and does not create any contractual or other right to receive future grants of RSUs, or benefits in lieu of RSUs, even if RSUs have been granted repeatedly in the past; (iii) all decisions with respect to future grants, if any, will be at the sole discretion of the Company; (iv) your participation in the Plan is voluntary; (v) the RSUs and any Shares received upon vesting of the RSUs is not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (vi) the grant of RSUs is provided for future services to the Company and its Affiliates and is not under any circumstances to be considered compensation for past services; (vii) in the event that you are an employee of the Company, Affiliate or Subsidiary, the grant will not be interpreted to form an employment contract or relationship with the Company; and furthermore, the grant will not be interpreted to form an employment contract with the Affiliate or Subsidiary that is your employer; (viii) the future value of the Shares is unknown and cannot be predicted with certainty; (ix) no claim or entitlement to compensation or damages arises from forfeiture or termination of the RSUs or diminution in value of the RSUs and you irrevocably release the Company, its Affiliates and its Subsidiaries from any such claim that may arise; and (x) in the event of the termination of your employment, your right to receive RSUs and vest in RSUs and/or receive Shares under the Plan, if any, will terminate in accordance with the terms of the Plan and this Award Notice and will not be extended by any notice period mandated under local law; furthermore, your right to vest in the RSUs after such termination of employment, if any, will be measured by the date of termination of your active employment and will not be extended by any notice period mandated under local law. 
(c) Electronic Delivery. The Company may, in its sole discretion, deliver any documents related to the RSUs or other awards granted to you under the Plan by electronic means. You hereby consent to receive such documents by electronic delivery and agree to participate in the Plan through an on-line or electronic system established and maintained by the Company or a third party-designated by the Company. 
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(d) Foreign Indemnity. You agree to indemnify the Company for your portion of any social insurance obligations or taxes arising under any foreign law with respect to the grant or settlement of this Award. 
(e) Not a Public Offering in Non-U.S. Jurisdictions. If you are resident or employed outside of the United States, neither the grant of the RSUs under the Plan nor the issuance of Shares upon vesting of the RSUs is intended to be a public offering of securities in your country of residence (and country of employment, if different). The Company has not submitted any registration statement, prospectus or other filings to the local securities authorities in jurisdictions outside of the United States unless otherwise required under local law. 
(f) English Language. If you are resident and/or employed outside of the United States, you acknowledge and agree that it is your express intent that the Award Notice, the Plan and all other documents, notices and legal proceedings entered into, given or instituted pursuant to the RSUs, be drawn up in English. If you have received the Award Notice, the Plan or any other documents related to the RSUs translated into a language other than English, and if the meaning of the translated version is different than the English version, the English version will control. 
(g) Section 409A. This Award is intended to comply with the requirements of Section 409A of the Code, and shall be interpreted and construed consistently with such intent. The payments to you pursuant to this Award Notice are also intended to be exempt from Section 409A of the Code to the maximum extent possible as short-term deferrals pursuant to Treasury regulation §1.409A-1(b)(4) ), and for such purposes, each payment under this Award Agreement shall be considered a separate payment. In the event the terms of this Award Notice would subject you to taxes or penalties under Section 409A of the Code (“409A Penalties”), the Company and you shall cooperate diligently to amend the terms of this Award Notice to avoid such 409A Penalties, to the extent possible; provided that in no event shall the Company be responsible for any 409A Penalties that arise in connection with any amounts payable under this Award Notice. To the extent any amounts under this Award Notice are payable by reference to your termination of employment, such term shall be deemed to refer to your “separation from service,” within the meaning of Section 409A of the Code. Notwithstanding any other provision in this Award Notice, to the extent any payments hereunder constitutes nonqualified deferred compensation, within the meaning of Section 409A of the Code, then (A) each such payment which is conditioned upon your execution of a release and which is to be paid or provided during a designated period that begins in one taxable year and ends in a second taxable year, shall be paid or provided in the later of the two taxable years and (B) if you are a specified employee (within the meaning of Section 409A of the Code) as of the date of your separation from service, each such payment that is payable upon your separation from service and would have been paid prior to the six-month anniversary of your separation from service, shall be delayed until the earlier to occur of (i) the first business day following the six-month anniversary of the separation from service and (ii) the date of your death. 
(h) Compliance with Local Law. If you are resident or employed outside of the United States, as a condition to the grant of RSUs, you agree to repatriate all payments attributable to the cash acquired under the Plan, if any, in accordance with local foreign exchange rules and 
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RSU Award Notice (time-vested; stock settled) (20__)

regulations in your country of residence (and country of employment, if different). In addition, you agree to take any and all actions, and consent to any and all actions taken by the Company and the Company’s Affiliates and Subsidiaries, as may be required to allow the Company and the Company’s Affiliates and Subsidiaries to comply with local laws, rules and regulations in your country of residence (and country of employment, if different). Finally, you agree to take any and all actions as may be required to comply with your personal legal and tax obligations under local laws, rules and regulations in your country of residence (and country of employment, if different). 
(i) Requirements of Law. The grant of RSUs under the Plan, and the issuance of Shares upon the vesting of the RSUs shall be subject to, and conditioned upon, satisfaction of all applicable laws, rules, and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. 
(j) Governing Law. All questions concerning the construction, validity and interpretation of this Award Notice and the Plan shall be governed and construed according to the laws of the State of Delaware, without regard to the application of the conflicts of laws provisions thereof. Any disputes regarding this Award or the Plan shall be brought only in the state or federal courts of the State of Delaware. 
(k) Additional Requirements. The Company reserves the right to impose other requirements on the RSUs, and your participation in the Plan, to the extent the Company determines, in its sole discretion, that such other requirements are necessary or advisable in order to comply with local laws, rules and regulations, or to facilitate the administration of the Award and the Plan. Such requirements may include (but are not limited to) requiring you to sign any agreements or undertakings that may be necessary to accomplish the foregoing. 
(l) Additional Information. If you have any questions regarding this Award Notice, please contact [CONTACT INFORMATION], or your HR Partner. If you wish to obtain a copy of the Plan or a list of names and addresses of any potential recipients of the Data please contact [CONTACT INFORMATION]. 
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RSU Award Notice (time-vested; stock settled) (20__)

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