Document:

EX-10.1

 Exhibit 10.1 

EXECUTION COPY 
 AMENDMENT NO. 3
TO THE 
 CREDIT AGREEMENT 

Dated as of July 24, 2015 

AMENDMENT NO. 3 TO THE CREDIT AGREEMENT (this “Amendment”) among YAHOO! INC., a Delaware corporation (the
“Borrower”), the banks, financial institutions and other institutional lenders that are parties to the Credit Agreement referred to below (collectively, the “Lenders”) and CITIBANK, N.A., as administrative agent
(the “Agent”) for the Lenders. 
 PRELIMINARY STATEMENTS: 

(1) The Borrower, the Lenders and the Agent have entered into a Credit Agreement dated as of October 19, 2012, as amended by Amendment
No. 1 dated as of October 10, 2013 and Amendment No. 2 dated as of October 9, 2014 (the “Credit Agreement”). Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the
Credit Agreement. 
 (2) The Borrower, the Lenders and the Agent have agreed to amend the Credit Agreement as hereinafter set forth. 

SECTION 1. Amendments to Credit Agreement. The Credit Agreement is, effective as of the date hereof and subject to the
satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows: 
 (a) The definitions of
“Applicable Margin” and “Applicable Percentage” are amended in full to read as follows: 

“Applicable Margin” means, as of any date, a percentage per annum determined by reference to the
Borrower’s Leverage Ratio on such date, as determined in accordance with Section 2.12(f), as set forth below: 
  

									
	 Leverage Ratio
	  	Applicable Margin for
Base Rate Advances	 	 	Applicable Margin for
Eurodollar Rate Advances	 
	 Level 1
	  				 			
	 < 1.50:1.00
	  	 	.000	% 	 	 	1.000	% 
	 Level 2
	  				 			
	 >1.50:1.00,
	  	 	.125	% 	 	 	1.125	% 
	 < 2.00:1.00
	  				 			
	 Level 3

>2.00:1.00
	  	 	.250	% 	 	 	1.250	% 

 “Applicable Percentage” means, as of any date, a percentage per
annum determined by reference to the Borrower’s Leverage Ratio on such date, as determined in accordance with Section 2.12(f), as set forth below: 
  

					
	 Leverage Ratio
	  	 Applicable

Percentage
	 
	 Level 1
	  			
	 < 1.50:1.00
	  	 	.075	% 
	 Level 2
	  			
	 >1.50:1.00,
	  	 	.125	% 
	 < 2.00:1.00
	  			
	 Level 3

>2.00:1.00
	  	 	.175	% 

 (b) The definition of “Base Rate” in Section 1.01 is hereby amended by
adding to the end of clause (c) thereof the following proviso: 
 provided that, if One Month LIBOR shall be less
than zero, such rate shall be deemed zero for purposes of this Agreement. 
 (c) The definition of “Eurodollar
Rate” in Section 1.01 is hereby amended by adding to the end thereof the following proviso: 
 provided
that, if the Eurodollar Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. 
 (d)
The definition of “Termination Date” in Section 1.01 is amended by deleting the date “October 8, 2015” and substituting therefor the date “July 22, 2016”. 

(e) Schedule 1 is amended in full to read as set forth on Annex A to this Amendment. 

SECTION 2. Conditions of Effectiveness. This Amendment shall become effective as of the date first above written (the
“Effective Date”) when, and only when, (a) the Agent shall have received counterparts of this Amendment executed by the Borrower and all of the Lenders, (b) the Borrower shall have paid to the Agent, for the benefit of the
Lenders, all reasonable and documented fees then due and payable (including the reasonable and documented accrued fees and out-of-pocket expenses of counsel to the Agent) and (c) and the Agent shall have additionally received all of the
following documents, each such document (unless otherwise specified) dated the date of receipt thereof by the Agent (unless otherwise specified), in form and substance reasonably satisfactory to the Agent: 

(a) Certified copies of the resolutions of the board of directors (or persons performing similar functions) of the Borrower
approving transactions of the type contemplated by this Amendment. 
 (b) A certificate signed by a duly authorized officer
of the Borrower stating that: 
 (i) The representations and warranties contained in Section 3 are correct in all
material respects (except to the extent such representations and warranties are qualified by materiality in the text thereof, in which case such representations and warranties shall be true and correct) on and as of the Effective Date (except to the
extent such representations and warranties expressly refer to an earlier date, in which case such representations and warranties shall be made on and as of such earlier date); and 

(ii) No event has occurred and is continuing that constitutes a Default. 

 SECTION 3. Representations and Warranties of the Borrower The Borrower represents and
warrants as follows: 
 (a) The Borrower is a corporation duly organized, validly existing and in good standing under the
laws of the State of Delaware. 
 (b) The execution and delivery by the Borrower of this Amendment and the performance by the
Borrower of the Credit Agreement (as amended hereby) and the consummation of the transactions contemplated hereby and thereby are within the Borrower’s corporate powers, have been duly authorized by all necessary corporate action, do not
contravene (i) the Borrower’s charter or by laws, (ii) law or (iii) any material contractual restriction binding on or affecting the Borrower. 

(c) No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory
body is required for the due execution and delivery by the Borrower of this Amendment and performance by the Borrower of the Credit Agreement (as amended hereby), except to the extent that any such authorization, approval, action, notice or filing
has been completed or is immaterial. 
 (d) This Amendment has been duly executed and delivered by the Borrower. This
Amendment and the Credit Agreement (as amended hereby) are the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their respective terms, subject to (i) bankruptcy, insolvency,
reorganization, moratorium and other similar laws of general application affecting the rights and remedies of creditors and (ii) general principles of equity, regardless of whether applied in proceedings in equity or at law. 

(e) There is no pending or, to the knowledge of the Borrower, threatened action, suit, investigation, litigation or proceeding,
including, without limitation, any Environmental Action, affecting the Borrower or any of its Subsidiaries before any court, governmental agency or arbitrator that (i) would reasonably be expected to have a Material Adverse Effect (other than
as disclosed in the Borrower’s filings with the Securities and Exchange Commission, including on forms 10-K, 10-Q, 8-K, and DEF 14A filed prior to the Effective Date) or (ii) purports to affect the legality, validity or enforceability of
this this Amendment, the Credit Agreement (as amended hereby) or the consummation of the transactions contemplated hereby and thereby. 

(f) The Consolidated balance sheet of the Borrower and its Subsidiaries as at December 31, 2014, and the related
Consolidated statements of income and cash flows of the Borrower and its Subsidiaries for the fiscal year then ended, accompanied by an opinion of PricewaterhouseCoopers LLP, independent public accountants, and the Consolidated balance sheet of the
Borrower and its Subsidiaries as at March 31, 2015, and the related Consolidated statements of income and cash flows of the Borrower and its Subsidiaries for the three months then ended, duly certified by the chief financial officer of the
Borrower, copies of which have been furnished or made available to each Lender, fairly present, in all material respects, subject, in the case of said balance sheet as at March 31, 2015, and said statements of income and cash flows for the
three months then ended, to year-end audit adjustments and the absence of footnotes, the Consolidated financial condition of the Borrower and its Subsidiaries as at such dates and the Consolidated results of the operations of the Borrower and its
Subsidiaries for the periods ended on such dates, all in accordance with generally accepted accounting principles consistently applied. Since December 31, 2014, there has been no Material Adverse Change (other than as disclosed in the
Borrower’s filings with the Securities and Exchange Commission, including on forms 10-K, 10-Q, 8-K, and DEF 14A filed prior to the Effective Date). 

 (g) the representations and warranties contained in Section 4.01(g), (h),
(i) and (j) of the Credit Agreement, as amended hereby, are correct in all material respects (except to the extent such representations and warranties are qualified by materiality in the text thereof, in which case such representations and
warranties shall be true and correct). 
 SECTION 4. Reference to and Effect on the Credit Agreement. (a) On and after the
effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in each of the Notes to
“the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment. 

(b) The Credit Agreement and each of the Notes as specifically amended by this Amendment, are and shall continue to be in full force and
effect and are hereby in all respects ratified and confirmed. 
 (c) The execution, delivery and effectiveness of this Amendment shall not,
except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Agent under the Credit Agreement, nor constitute a waiver of any provision of the Credit Agreement. 

(d) For purposes of determining withholding Taxes imposed under FATCA, from and after the Effective Date, the Borrower and the Agent shall
treat (and the Lenders hereby authorize the Agent to treat) this Amendment and the Advances as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i) with respect to any
payments of United States source income (within the meaning of FATCA) made by or on behalf of the Borrower. 
 SECTION 5. Execution
in Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment by telecopier or other electronic means shall be effective as delivery of a manually executed counterpart of this Amendment. 

SECTION 6. Governing Law. This Amendment shall be governed by, and construed in accordance with, the laws of the State of
New York. 
 [The remainder of this page is intentionally left blank] 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	YAHOO! INC.
		
	By	 	 /s/ Ken Goldman

		 	Name: Ken Goldman
		 	Title: CFO

 
			
	Agreed as of the date first above written:
	
	CITIBANK, N.A., as Agent and a Lender
		
	By	 	 /s/ Susan M. Olsen

	Name:	 	Susan M. Olsen
	Title:	 	Vice President
	
	HSBC BANK USA, NATIONAL ASSOCIATION,
		
	By	 	 /s/ David Wagstaff

	Name:	 	David Wagstaff
	Title:	 	Managing Director
	
	BANK OF AMERICA, N.A.,
		
	By	 	 /s/ Prayes Majmudar

	Name:	 	Prayes Majmudar
	Title:	 	Director
	
	JPMORGAN CHASE BANK, N.A.,
		
	By	 	 /s/ Nicolas Gitron-Beer

	Name:	 	Nicolas Gitron-Beer
	Title:	 	Vice President
	
	GOLDMAN SACHS BANK USA,
		
	By	 	 /s/ Ryan Durkin

	Name:	 	Ryan Durkin
	Title:	 	Authorized Signatory

  
 6 

 ANNEX A 

SCHEDULE I 
 YAHOO! INC. 

364-DAY REVOLVING CREDIT AGREEMENT 

COMMITMENTS 
  

					
	 Name of Initial Lender
	  	 Commitment
	 
	 Citibank, N.A.
	  	$	202,500,000.00	  
	 HSBC Bank USA, National Association
	  	$	202,500,000.00	  
	 Bank of America, N.A.
	  	$	115,000,000.00	  
	 JPMorgan Chase Bank, N.A.
	  	$	115,000,000.00	  
	 Goldman Sachs Bank USA
	  	$	115,000,000.00	  
	 Total:
	  	$	750,000,000.00	  

  
 7EX-4.4

  
 PURCHASE AGREEMENT
NUMBER XLR-PA-04258
  
 between

 
 THE BOEING COMPANY

 
 and

 
 Aviation Finance and Leasing S.à r.l.

 
 Relating to Boeing Model 737 MAX X Aircraft

 
  
  

 
 
 

 
 

 
	XLR-PA-04258
	

BOEING PROPRIETARY
	
PA Page
1

 
	 	 	 

  
 TABLE OF CONTENTS

 

	ARTICLES
	Article 1.	[*]
	Article 2.	[*]
	Article 3.	[*]
	Article 4.	[*]
	Article 5.	[*]

  

	TABLE
	1.	[*]

  

	EXHIBIT
	A.	[*]
	B.	[*]

  

	SUPPLEMENTAL EXHIBITS
	AE1.	Escalation Adjustment/Airframe and Optional Features
	BFE1.	BFE Variables
	CS1.	Customer Support Variables
	[*]	 
	SLP1.	Service Life Policy Components

  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258
	

BOEING PROPRIETARY
	
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2

 
	 	 	 

 LETTER AGREEMENTS
  

 
 LA-1402898 Seller Purchased Equipment

 
 LA-1402899 Spare Parts Initial Provisioning

 
 LA-1402900 Spares Flight Crew Training

 
  

Restricted LETTER AGREEMENTS
  

 
 LA-1402901 [*]

 
 LA-1402902 [*]

 
 LA-1402903 [*]

 
 LA-1402904 [*]

 
 LA-1402905 [*]

 
 Intentionally left blank

 
 LA-1402907 [*]

 
 LA-1402908 Shareholder Approval
  

LA-1402909 [*]
  
 LA-1402910 [*]
  
 LA-1402911 Open Matters

 
 LA-1402912 [*]

 
  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258
	

BOEING PROPRIETARY
	
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3

 
	 	 	 

  
  

Purchase Agreement No. PA-04258
  

between
  

The Boeing Company
  

and
  

Aviation Finance and Leasing S.à r.l.
  

[*]
 1.            [*]
 [*]

2.            [*]

[*]
 3.            [*]
 3.1         [*]
 3.2         [*]
 4.            [*]
 4.1         [*]
 [*]

4.2         [*]

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258
	

BOEING PROPRIETARY
	
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4

 
	 	 	 

 [*]
 4.3         [*]
 4.4         [*]
 5.            [*]
 5.1         [*]
 5.2         [*]
 5.3         [*]
 5.4         [*]
 5.5         [*]
 5.6         [*]
 5.7         [*]
 5.8         [*]
  

  
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258
	

BOEING PROPRIETARY
	
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5

 
	 	 	 

 
  

[*]
  
 

	AGREED AND ACCEPTED this	 	 
	 	 	 
	September 7, 2014	 	 
	Date	 	 
	 	 	 
	THE BOEING COMPANY	 	AVIATION FINANCE AND LEASING S.À.R.L.
	 	 	 
	/s/ David F. Langley	 	/s/ Howard Millar
	Signature	 	Signature
	 	 	 
	David F. Langley	 	Howard Millar
	Printed name	 	Printed name
	 	 	 
	Attorney-in-Fact	 	Director
	Title	 	Title

  
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258
	

BOEING PROPRIETARY
	
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6

 
	 	 	 

 
  

Table 1 To

Purchase Agreement No. PA-04258

[*]
 [*]

 
  
 *Redacted pursuant
to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258 68993-1F.TXT
	BOEING PROPRIETARY
	Page
1

 
	 

Table 1 To

Purchase Agreement No. PA-04258

[*]
 [*]

 
  
 *Redacted pursuant
to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258 68993-1F.TXT
	BOEING PROPRIETARY
	Page
2

 
	 

Table 1 To

Purchase Agreement No. PA-04258

[*]
 [*]

 
 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258 68993-1F.TXT
	BOEING PROPRIETARY
	Page
3

 
	 

 
  

  

 
 AIRCRAFT CONFIGURATION

 
 between

 
 THE BOEING COMPANY

 
 and

 
 Aviation Finance and Leasing S.à r.l.
  

Exhibit A to Purchase Agreement Number PA-04258
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-EXA

	BOEING PROPRIETARY
	Page
1

 
	 

  
 Exhibit A

 
 AIRCRAFT CONFIGURATION

 
 Dated _________________

 
 relating to

 
 BOEING MODEL 737 MAX X AIRCRAFT

 
  

[*]
  
  

 
 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-EXA

	BOEING PROPRIETARY
	Page
2

 
	 

 AIRCRAFT DELIVERY REQUIREMENTS AND RESPONSIBILITIES

 
 between

 
 THE BOEING COMPANY

 
 and

 
 Aviation Finance and Leasing S.à. r.l.

Exhibit B to Purchase Agreement Number PA-04258
  

 
  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-EXB
	BOEING PROPRIETARY
	EXB Page
1

 
	 

 Exhibit B
  

AIRCRAFT DELIVERY REQUIREMENTS AND RESPONSIBILITIES
  

relating to
  

BOEING MODEL 737 MAX X AIRCRAFT
  

[*]
 1.            [*]
 [*]

1.1         [*]

1.2         [*]

1.2.1     [*]

1.2.2     [*]

1.3         [*]

1.3.1     [*]

1.3.2     [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-EXB
	BOEING PROPRIETARY
	EXB Page 2

 
	 

  

 
 [*]

1.3.3     [*]

2.            [*]

[*]
 3.            [*]
 [*]

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 

 
	XLR-PA-04258-EXB
	BOEING PROPRIETARY
	EXB Page
3

 
	 

  
 

4.            [*]

4.1         [*]

4.2         [*]

4.3         [*]

4.4         [*]

4.5         [*]

4.6         [*]

4.7         [*]

5.            [*]

5.1         [*]

5.2         [*]

5.3         [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-EXB
	BOEING PROPRIETARY
	EXB Page 4

 
	 

 5.4         [*]

5.5         [*]

 
  

  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-EXB
	BOEING PROPRIETARY
	EXB Page
5

 
	 

 ESCALATION ADJUSTMENT
 AIRFRAME AND OPTIONAL
FEATURES
  
 between

 
 THE BOEING COMPANY

 
 and

 
 Aviation Finance and Leasing S.à.r.l.

 
 Supplemental Exhibit AE1

to Purchase Agreement Number PA-04258
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-AE1
	BOEING PROPRIETARY
	AE1 Page
1

 
	 

  
 ESCALATION ADJUSTMENT

AIRFRAME AND OPTIONAL FEATURES
  

relating to
  

BOEING MODEL 737 MAX X AIRCRAFT
  

1.           
Formula.
 Airframe and Optional Features price adjustments (Airframe Price Adjustment) are used to allow prices to be stated in current year
dollars at the signing of this Purchase Agreement and to adjust the amount to be paid by Customer at delivery for the effects of economic fluctuation. The Airframe Price Adjustment will be determined at the time of Aircraft delivery in accordance
with the following formula:
  

	Pa = (P) (L + M) - P

  

Where:
  
 Pa
=Airframe Price Adjustment. (For Model 737 MAX X the Airframe Price includes the Engine Price at its basic thrust level.)
  

P =Airframe Price plus the price of the Optional Features (as set forth in Table 1 of this Purchase Agreement).

 

	L = .65 x	(ECI 
	ECIb)

  

Where:
  
 ECIb is
the base year airframe escalation index (as set forth in Table 1 of this Purchase Agreement);
  

ECI is a value determined using the U.S. Department of Labor, Bureau of Labor Statistics, Employment Cost Index for NAICS Manufacturing – Total Compensation
(BLS Series ID CIU2013000000000I), calculated by establishing a three (3) month arithmetic average value (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and 13th
months prior to the month of scheduled delivery of the applicable Aircraft. As the Employment Cost Index values are only released on a quarterly basis, the value released for the first quarter will be used for the months of January, February, and
March; the value released for the second quarter will be used for the months of April, May, and June; the value released for the third quarter will be used for the months of July, August, and September; the value released for the fourth quarter will
be used for the months of October, November, and December.
  

	M = .35 x	(CPI 
	CPIb)

  

 
 

 
	XLR-PA-04258-AE1
	BOEING PROPRIETARY
	AE1 Page
2

 
	 

 Where:
  

CPIb is the base year airframe escalation index (as set forth in Table 1 of this Purchase Agreement); and

 
 CPI is a value determined using the U.S. Department of Labor, Bureau of
Labor Statistics, Consumer Price Index – All Urban Consumers (BLS Series ID CUUR0000SA0), calculated as a three (3) month arithmetic average of the released monthly values (expressed as a decimal and rounded to the nearest tenth) using
the values for the 11th, 12th, and 13th months prior to the month of scheduled delivery of the applicable Aircraft.
  

As an example, for an Aircraft scheduled to be delivered in the month of July, the months of June, July, and August of the preceding year will be utilized in
determining the value of ECI and CPI.
  
 Note:

		(i)	In determining the values of L and M, all calculations and resulting values will be expressed as a decimal rounded to the nearest ten-thousandth.

		(ii)	.65 is the numeric ratio attributed to labor in the Airframe Price Adjustment formula.

		(iii)	.35 is the numeric ratio attributed to materials in the Airframe Price Adjustment formula.

		(iv)	The denominators (base year indices) are the actual average values reported by the U.S. Department of Labor, Bureau of Labor Statistics. The actual average values are calculated as a
three (3) month arithmetic average of the released monthly values (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and 13th months prior to the airframe base year. The applicable base year and
corresponding denominator is provided by Boeing in Table 1 of this Purchase Agreement.

		(v)	The final value of Pa will be rounded to the nearest dollar.

		(vi)	The Airframe Price Adjustment will not be made if it will result in a decrease in the Aircraft Basic Price.

2.            Values to
be Utilized in the Event of Unavailability.

2.1         If the Bureau of Labor
Statistics substantially revises the methodology used for the determination of the values to be used to determine the ECI and CPI values (in contrast to benchmark adjustments or other corrections of previously released values), or for any reason has
not released values needed to determine the applicable Airframe Price Adjustment, the parties will, prior to the delivery of any such
  

 
	XLR-PA-04258-AE1
	BOEING PROPRIETARY
	AE1 Page
3

 
	 

 Aircraft, select a substitute from other Bureau of Labor Statistics data or similar data reported by non-governmental organizations. Such
substitute will result in the same adjustment, insofar as possible, as would have been calculated utilizing the original values adjusted for fluctuation during the applicable time period. However, if within twenty-four (24) months after
delivery of the Aircraft, the Bureau of Labor Statistics should resume releasing values for the months needed to determine the Airframe Price Adjustment, such values will be used to determine any increase or decrease in the Airframe Price Adjustment
for the Aircraft from that determined at the time of delivery of the Aircraft.

2.2         Notwithstanding
Article 2.1 above, if prior to the scheduled delivery month of an Aircraft the Bureau of Labor Statistics changes the base year for determination of the ECI and CPI values as defined above, such re-based values will be incorporated in the
Airframe Price Adjustment calculation.

2.3         In the event escalation
provisions are made non-enforceable or otherwise rendered void by any agency of the United States Government, the parties agree, to the extent they may lawfully do so, to equitably adjust the Aircraft Price of any affected Aircraft to reflect an
allowance for increases or decreases consistent with the applicable provisions of paragraph 1 of this Supplemental Exhibit AE1 in labor compensation and material costs occurring since August of the year prior to the price base year shown
in the Purchase Agreement.
 2.4        
If within twelve (12) months of Aircraft delivery, the published index values are revised due to an acknowledged error by the Bureau of Labor Statistics, the Airframe Price Adjustment will be re-calculated using the revised index values
(this does not include those values noted as preliminary by the Bureau of Labor Statistics). A credit memorandum or supplemental invoice will be issued for the Airframe Price Adjustment difference. Interest charges will not apply for the period of
original invoice to issuance of credit memorandum or supplemental invoice.
 Note:

		(i)	The values released by the Bureau of Labor Statistics and available to Boeing thirty (30) days prior to the first day of the scheduled delivery month of an Aircraft will be used to determine
the ECI and CPI values for the applicable months (including those noted as preliminary by the Bureau of Labor Statistics) to calculate the Airframe Price Adjustment for the Aircraft invoice at the time of delivery. The values will be considered
final and no Airframe Price Adjustments will be made after Aircraft delivery for any subsequent changes in published Index values, subject always to paragraph 2.4 above.

		(ii)	The maximum number of digits to the right of the decimal after rounding utilized in any part of the Airframe Price Adjustment equation will be four (4), where rounding of the fourth digit will
be increased to

  
 

 
	XLR-PA-04258-AE1
	BOEING PROPRIETARY
	AE1 Page
4

 
	 

 the next highest digit when the 5th digit is equal to five (5) or greater.

 
  

  
 

 
	XLR-PA-04258-AE1
	BOEING PROPRIETARY
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5

 
	 

  
  

 
 BUYER FURNISHED EQUIPMENT VARIABLES

 
 between

 
 THE BOEING COMPANY

 
 and

 
 Aviation Finance and Leasing
S.à.r.l.
  
 Supplemental
Exhibit BFE1
 to Purchase Agreement Number PA-04258
  

 
	XLR-PA-04258-BFE1
	BOEING PROPRIETARY
	
BFEE1 Page
1

 
	 

 
 BUYER FURNISHED EQUIPMENT VARIABLES

 
 relating to

 
 BOEING MODEL 737 MAX X AIRCRAFT

 
 This Supplemental
Exhibit BFE1 contains supplier selection dates, on-dock dates and other requirements applicable to the Aircraft.
 1.            Supplier Selection.
 Customer will:

Select and notify Boeing of the suppliers and part numbers of the following BFE items by the following dates:

 

	Galley System	_______[*]	_______
	 	 	 
	Galley Inserts	_______[*]	_______
	 	 	 
	Seats (passenger)	_______[*]	_______
	 	 	 
	Overhead & Audio System	_______[*]	_______
	 	 	 
	In-Seat Video System	_____________[*]	____________
	 	 	 
	Miscellaneous Emergency Equipment	_________[*]	_________
	 	 	 
	 Cargo Handling Systems*
 (Single Aisle Programs
only)
	___________[*]	__________

  

*For a new certification, supplier requires notification ten (10) months prior to Cargo Handling System on-dock date.

 
 **Actual supplier selection dates will be provided on, or around the date when Boeing
provides notice of the scheduled delivery month to Customer. Boeing will communicate in advance with Customer to insure lead times are reasonable.

 
 Customer will enter into initial
agreements with the selected Galley System, Galley Inserts, Seats, and In-Seat Video System suppliers on or before [*] after the above supplier selection dates to actively participate with Customer and Boeing in coordination actions including the
Initial Technical Coordination Meeting (ITCM).
  
 *Redacted pursuant to a Request for Confidential
Treatment, filed separately with the Commission.

 
	XLR-PA-04258-BFE1
	BOEING PROPRIETARY
	
BFEE1 Page
2

 
	 

 
 2.            On-dock Dates and Other Information.

On or before nine [*], Boeing will provide to Customer the BFE Requirements electronically through My Boeing Fleet (MBF in My Boeing
Configuration (MBC). These requirements may be periodically revised, setting forth the items, quantities, on-dock dates and shipping instructions and other requirements relating to the in-sequence installation of BFE. For planning purposes,
preliminary BFE on-dock dates are set forth below:
  

	Item	 	 Preliminary On-Dock Dates

 

	 	 	Aircraft	Aircraft
	Seats	 	 
	Galleys/Furnishings	 
	Antennas & Mounting Equipment	 
	Avionics	 
	Cabin Systems Equipment	[*]
	Miscellaneous Emergency Equipment	[*]
	Textiles/Raw Material	[*]
	 Cargo Systems
 (Single Aisle Programs)
	 
	 Provision Kits
 (Single Aisle Programs)
	 
	Radomes (Single Aisle Programs)	 

  

3.            Additional
Delivery Requirements - Import.
 Customer will be the “importer of record” (as defined by the U.S. Customs and
Border Protection) for all BFE imported into the United States, and as such, it has the responsibility to ensure all of Customer’s BFE shipments comply with U.S. Customs Service regulations. In the event Customer requests Boeing, in writing,
to act as importer of record for Customer’s BFE, and Boeing agrees to such request, Customer is responsible for ensuring Boeing can comply with all U.S. Customs Import Regulations by making certain that, at the time of shipment, all BFE
shipments comply with the requirements in the “International Shipment Routing Instructions”, including the Customs Trade Partnership Against Terrorism (C-TPAT), as set out on the Boeing website referenced below. Customer agrees to
include the International Shipment Routing Instructions, including C-TPAT requirements, in each contract between Customer and BFE supplier.
  

http://www.boeing.com/companyoffices/doingbiz/supplier_portal/index_general.html
  

 
  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
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 CUSTOMER SUPPORT VARIABLES

 
 between

 
 THE BOEING COMPANY

 
 and

 

Aviation Finance and Leasing S.à.r.l.

 
 Supplemental Exhibit CS1

 
 to Purchase Agreement Number PA-04258

 
 

 
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 CUSTOMER SUPPORT VARIABLES

 
 relating to

 
 BOEING MODEL 737 MAX X AIRCRAFT

 
 [*]

1.            Maintenance
Training.
 1.1         [*]

1.2         [*]

1.3         [*]

1.4         [*]

1.5         [*]

1.6         Training materials will be
provided to each student. In addition, one set of training materials as used in Boeing's training program, including [*]
 [*]
 2.            Flight Training.

2.1         Boeing will provide [*] to
acquaint up to [*]
 with operational, systems and performance differences between Customer's newly-purchased Aircraft and an aircraft of the same model currently operated by Customer.

2.2         [*]

2.3         Training materials will be
provided to each student. In addition, one set of training materials as used in Boeing's training program, including [*]
 [*]
 2.3.1     [*]
  

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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 3.            Planning Assistance.

3.1         Maintenance Engineering.
Notwithstanding anything in Exhibit B to the AGTA to the contrary, Boeing will provide the following Maintenance Engineering support:

3.1.1     Maintenance Planning Assistance. [*]
 [*]

3.1.2     ETOPS Maintenance Planning Assistance. [*]

[*]
 3.1.3     GSE/Shops/Tooling Consulting. [*]

[*]
 3.1.4     Maintenance Engineering Evaluation.
[*]
 [*]
 3.2        
Spares.
 3.2.1     Recommended Spares Parts
List (RSPL). [*]
 [*]
 3.2.2     Provisioning
Training. [*]
 [*]
 3.2.3     Spares Provisioning
Conference. [*]
 [*]

4.            [*]

4.1         [*]

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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 [*]

 
  

 
 4.2         [*] 

	[*] 
	 
	 

 4.3         [*]

	[*]
	 

 4.4         [*]

	[*]

 4.5         [*]

	[*]

 4.6         [*]

	[*]

 4.7         [*]
  

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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	[*]

 4.8         [*]
 [*]

4.9         [*]
  [*]

5.            [*]

5.1         [*]

5.2         [*]

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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 ENGINE ESCALATION,

ENGINE WARRANTY AND PATENT INDEMNITY
  

between
  

THE BOEING COMPANY
  

and
  

Aviation Finance and Leasing S.à.r.l.

 
 Supplemental Exhibit EE1

to Purchase Agreement Number PA-04258

 
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 ENGINE ESCALATION

ENGINE WARRANTY AND PATENT INDEMNITY
  

relating to
  

BOEING MODEL 737 MAX X AIRCRAFT
  

1.            [*]

[*]
 2.            [*]
 [*]

 
 2.1         [*]
 [*]

2.2         [*]

2.2.1     [*]

[*]
  
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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 [*]

2.2.2     [*]

2.2.3     [*]

2.3         [*]

2.4         [*]

2.4.1     [*]

2.4.2     [*]

2.4.3     [*]

2.5         [*]

2.5.1     [*]

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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[*]
 2.5.2     [*]

2.6         [*]

2.6.1     [*]

2.6.2     [*]

2.7         [*]

2.7.1     [*]

2.7.2     [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
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2.8         [*]

2.8.1     [*]

[*]
 [*]

2.8.2     [*]

2.8.3     [*]

2.9         [*]

2.10      [*]

2.10.1  [*]

[*]
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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 2.10.2   [*]
 [*]

  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
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 [*]

 
  

 
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
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 SERVICE LIFE POLICY COMPONENTS

 
 between

 
 THE BOEING COMPANY

 
 and

 

Aviation Finance and Leasing S.à.r.l.

 
 Supplemental Exhibit SLP1

to Purchase Agreement Number PA-04258

 
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 SERVICE LIFE POLICY COMPONENTS

 
 relating to

 
 BOEING MODEL 737 MAX X AIRCRAFT

 
 This is the listing of
SLP Components for the Aircraft which relate to Part 3, Boeing Service Life Policy of Exhibit C, Product Assurance Document to the AGTA and is a part of Purchase Agreement No. PA-04258.

1.           
Wing.

	 	(i)	Upper and lower wing skins and stiffeners between the forward and rear wing spars.

	 	(ii)	Wing spar webs, chords and stiffeners.

	 	(iii)	Inspar wing ribs.

	 	(iv)	Inspar splice plates and fittings.

	 	(v)	Main landing gear support structure.

	 	(vi)	Wing center section lower beams, spanwise beams and floor beams, but not the seat tracks attached to floor beams.

	 	(vii)	Wing-to-body structural attachments.

	 	(viii)	Engine strut support fittings attached directly to wing primary structure.

	 	(ix)	Support structure in the wing for spoilers and spoiler actuators; for aileron hinges and reaction links; and for leading edge devices and trailing edge flaps.

	 	(x)	Trailing edge flap tracks and carriages.

	 	(xi)	Aileron leading edge device and trailing edge flap internal, fixed attachment and actuator support structure.

2.           
Body.

	 	(i)	External surface skins and doublers, longitudinal stiffeners, longerons and circumferential rings and frames between the forward pressure bulkhead and the vertical stabilizer rear spar bulkhead and
structural support and enclosure for the APU but excluding all system components and related installation and connecting devices, insulation, lining, and decorative panels and related installation and connecting devices.

	 	(ii)	Window and windshield structure but excluding the windows and windshields.

 
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	 	(iii)	Fixed attachment structure of the passenger doors, cargo doors and emergency exits, excluding door mechanisms and movable hinge components. Sills and frames around the body openings for the
passenger doors, cargo doors and emergency exits, excluding scuff plates and pressure seals.

	 	(iv)	Nose wheel well structure, including the wheel well walls, pressure deck, bulkheads, and gear support structure.

	 	(v)	Main gear wheel well structure including pressure deck and landing gear beam support structure.

	 	(vi)	Floor beams and support posts in the control cab and passenger cabin area, but excluding seat tracks.

	 	(vii)	Forward and aft pressure bulkheads.

	 	(viii)	Keel structure between the wing front spar bulkhead and the main gear wheel well aft bulkhead including splices.

	 	(ix)	Wing front and rear spar support bulkheads, and vertical and horizontal stabilizer front and rear spar support bulkheads including terminal fittings but excluding all system components and related
installation and connecting devices, insulation, lining, and decorative panels and related installation and connecting devices.

	 	(x)	Support structure in the body for the stabilizer pivot and stabilizer screw.

3.            Vertical
Stabilizer.

	 	(i)	External skins between front and rear spars.

	 	(ii)	Front, rear and auxiliary spar chords, webs and stiffeners and attachment fittings.

	 	(iii)	Inspar ribs.

	 	(iv)	Rudder hinges and supporting ribs, excluding bearings.

	 	(v)	Support structure in the vertical stabilizer for rudder hinges, reaction links and actuators.

	 	(vi)	Rudder internal, fixed attachment and actuator support structure.

 4.            Horizontal Stabilizer.

	 	(i)	External skins between front and rear spars.

	 	(ii)	Front and rear spar chords, webs and stiffeners.

 
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	 	(iii)	Inspar ribs.

	 	(iv)	Stabilizer center section including hinge and screw support structure.

	 	(v)	Support structure in the horizontal stabilizer for the elevator hinges, reaction links and actuators.

	 	(vi)	Elevator internal, fixed attachment and actuator support structure.

 5.            Engine Strut.

	 	(i)	Strut external surface skin and doublers and stiffeners.

	 	(ii)	Internal strut chords, frames and bulkheads.

	 	(iii)	Strut to wing fittings and diagonal brace.

	 	(iv)	Engine mount support fittings attached directly to strut structure and including the engine-mounted support fittings.

6.            Main
Landing Gear.

	 	(i)	Outer cylinder.

	 	(ii)	Inner cylinder, including axles.

	 	(iii)	Upper and lower side struts, including spindles, universals and reaction links.

	 	(iv)	Drag strut.

	 	(v)	Orifice support tube.

	 	(vi)	Downlock links including spindles and universals.

	 	(vii)	Torsion links.

	 	(viii)	Bell crank.

	 	(ix)	Trunnion link.

	 	(x)	Actuator beam, support link and beam arm.

 7.            Nose Landing Gear.

	 	(i)	Outer cylinder.

	 	(ii)	Inner cylinder, including axles.

	 	(iii)	Orifice support tube.

	 	(iv)	Upper and lower drag strut, including lock links.

	 	(v)	Steering plates and steering collars.

	 	(vi)	Torsion links.

 
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NOTE:The Service Life Policy does not cover any bearings, bolts, bushings, clamps, brackets, actuating mechanisms or
latching mechanisms used in or on the SLP Components.
  
  

 
  

 
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 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

 
 XLR-PA-04258-LA-1402898

 
  

Aviation Finance and Leasing S.à r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

	 	Subject:	Seller Purchased Equipment

  

	 	Reference:	Purchase Agreement No. PA-04258 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing S.à r.l. (Customer) relating to Model 737 MAX X aircraft
(Aircraft)

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

1.           
General.
 Seller Purchased Equipment (SPE) is BFE that Boeing purchases for Customer and that is identified as SPE in
the Detail Specification for the Aircraft.

2.            Customer
Responsibilities.
 2.1        
Supplier Selection. Customer will select SPE suppliers from a list provided by Boeing for the commodities identified on such list and notify Boeing of the SPE suppliers in accordance with the supplier selection date(s) as set forth in
Attachment A of this Letter Agreement. If Customer selects a seat, galley, galley insert supplier or any other SPE equipment that is not on the Boeing recommended list, such seat, galley, galley insert or any other SPE equipment will, subject
to Boeing approval, become BFE and the provisions of Exhibit A, Buyer Furnished Equipment Provisions Document, of the AGTA will apply. Boeing’s approval will only be withheld in the cases where Boeing, acting reasonably, does not have
confidence in the supplier’s ability to support Boeing’s quality system or its ability to certify the applicable commodity for installation on a timely basis. At Customer’s request, Boeing will provide a substantiation of their
position.
 2.2         Supplier
Agreements. Customer will enter into initial agreements with the selected suppliers within ten (10) days of the supplier selection date(s) for the supplier to actively participate with Customer and Boeing in coordination actions including
the Initial Technical Coordination Meeting (ITCM). Customer will enter into final agreements with selected suppliers for the following additional provisions in accordance with the supplier agreement date(s) within thirty (30) days of the
ITCM or as otherwise identified by Boeing:

 
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	 	(i)	for emergency/miscellaneous equipment, providing standard supplier pricing, product support, warranty, spares, training and any additional support defined by Customer will be a direct pass through
to Customer at time of Aircraft delivery; and

	 	(ii)	for seats, galleys, galley inserts, and in-flight entertainment and cabin communications systems (IFE/CCS), negotiating price directly with the suppliers, product support including spares
support, warranty, training and any additional support defined by the Customer. Customer shall provide suppliers’ pricing to Boeing and shall obtain suppliers’ agreement to accept Boeing’s purchase orders reflecting the Customer
negotiated pricing.

 2.3         Configuration Requirements. Customer is responsible for selecting equipment which is FAA certifiable at time of Aircraft delivery, or for
obtaining waivers from the applicable regulatory agency for non-FAA certifiable equipment. Customer will meet with Boeing and the selected SPE suppliers in the ITCM and any other scheduled meetings or teleconferences in order to:

	 	(i)	for emergency/miscellaneous equipment, provide to Boeing the selected part specification/Customer requirements;

	 	(ii)	for in-flight entertainment and cabin communications systems (IFE/CCS), participate with Boeing in meetings or teleconferences with such suppliers to ensure that suppliers’
functional system specifications meet Customer’s and Boeing’s respective requirements;

	 	(iii)	for galleys, provide to Boeing the definitive galley configuration requirements, including identification of refrigeration requirements and fixed and removable insert equipment by quantity,
manufacturer and part number not later than eight (8) weeks prior to galley supplier selection dates in Attachment A;

	 	(iv)	for seats, Customer provide to Boeing the definitive seat configuration requirements not later than eight (8) weeks prior to galley supplier selection dates in Attachment A. 

 
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3.          
  Boeing Responsibilities.

3.1         Supplier
Selection.
 3.1.1     Bidder's List. For
information purposes, Boeing will submit to Customer a preliminary bidder's list of existing and acceptable suppliers of seats and galleys two years prior to the supplier selection date(s) referred to in paragraph 2 (i) above and a final
bidder’s list of existing and acceptable suppliers of seats and galleys [*] prior to the supplier selection date(s) referred to in paragraph 2 (i) above.

3.1.2     Request for Quotation (RFQ).
Approximately ninety (90) days prior to the supplier selection date(s), Boeing will issue its RFQ inviting potential bidders to submit bids for the galleys and seats within thirty (30) days of the selection date.

3.1.3     Recommended Bidders. Not later than
fifteen (15) days prior to the supplier selection date(s), Boeing will submit to Customer a list of recommended bidders from which to choose a supplier for the galleys and seats. The summary is based on an evaluation of the bids submitted using
price, weight, warranty and schedule as the criteria.
 3.1.4    
Customer may request the bidder list or for Boeing to submit an RFQ earlier than the time scales described above. Boeing will not unreasonably deny such request.

3.2         Additional Boeing
responsibilities:

	 	(i)	placing and managing the purchase orders with the suppliers;

	 	(ii)	coordinating with the suppliers on technical issues;

	 	(iii)	for seats, galleys, galley inserts and IFE/CCS confirming the agreed to pricing with both the Customer and supplier;

	 	(iv)	for IFE/CCS providing Aircraft interface requirements to suppliers and assisting suppliers in the development of their IFE/CCS system specifications and approving such specifications;

	 	(v)	ensuring that the delivered SPE complies with the part specification;

	 	(vi)	obtaining certification of the Aircraft with the SPE installed;

	 	(vii)	for miscellaneous/emergency equipment, obtaining standard supplier pricing, and obtaining for Customer copies of product support, warranty, spares, training, and any additional support
documentation defined by

  
 *Redacted pursuant to a Request for Confidential
Treatment, filed separately with the Commission.

 
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the Customer which shall be provided to Customer prior to delivery of the Aircraft.

4.            IFE/CCS
Software.
 IFE/CCS may contain software of the following two (2) types:

4.1         Systems Software. The
software required to operate and certify the IFE/CCS systems on the Aircraft is the Systems Software and is part of the IFE/CCS.
 4.2         Customer’s Software. The software accessible to the Aircraft passengers which controls Customer’s specified optional features
is Customer’s Software and is not part of the IFE/CCS.

4.2.1     Customer is solely responsible for specifying
Customer’s Software functional and performance requirements and ensuring that Customer’s Software meets such requirements. Customer and Customer’s Software supplier will have total responsibility for the writing, certification,
modification, revision, or correction of any of Customer’s Software. Customer shall be responsible for and assumes all liability with respect to Customer’s Software.

4.2.2     The omission of any Customer’s Software or the
lack of any functionality of Customer’s Software will not be a valid condition for Customer’s rejection of the Aircraft at the time of Aircraft delivery.

4.2.3     Boeing has no obligation to approve any documentation
to support Customer’s Software certification. Boeing will only review and operate Customer’s Software if in Boeing’s reasonable opinion such review and operation is necessary to certify the IFE/CCS system on the Aircraft.

4.2.4     Boeing shall not be responsible for obtaining FAA
certification for Customer’s Software.

5.           
Price.
 5.1        
Advance Payments. An estimated SPE price is included in the Advance Payment Base Prices shown in Table 1 for the purpose of establishing the advance payments for the Aircraft.

5.2         Aircraft Price. The
Aircraft Price will be adjusted to reflect the actual costs charged to Boeing by the SPE suppliers and transportation charges.
 6.            Changes.

After Customer’s acceptance of this Letter Agreement, any changes to SPE may only be made by and between Boeing and the SPE suppliers.
Customer requested changes to the SPE after execution of this Letter Agreement shall be made by Customer in writing directly to Boeing for approval and for coordination by Boeing with the SPE supplier. Any such change to the configuration of the
Aircraft shall be subject to price and offerability through Boeing’s master change or other process for amendment of the Purchase Agreement.

 
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7.          
  Proprietary Rights.
 Boeing's obligation to purchase SPE will not impose upon Boeing any obligation to compensate
Customer or any supplier for any proprietary rights Customer may have in the design of the SPE.
 8.            Remedies.

8.1         If Customer’s
nonperformance of its obligations in this Letter Agreement causes a delay in the delivery of the Aircraft or causes Boeing to perform out-of-sequence or additional work, Customer will reimburse Boeing for all resulting expenses and be deemed to have
agreed to any such delay in Aircraft delivery. In addition, Boeing will have the right to:
 8.1.1           delay delivery of the Aircraft;

8.1.2           deliver the
Aircraft without installing the SPE;

8.1.3           provide and
install suitable alternate equipment and invoice Customer for the associated cost; and/or
 8.1.4           increase the Aircraft Price by the amount of Boeing’s additional costs attributable to such noncompliance.

9.            Title and
Risk of Loss.
 Title and risk of loss of the SPE will remain with Boeing until the Aircraft is delivered to Customer.

10.         Customer's Indemnification
of Boeing.
 Customer will indemnify and hold harmless Boeing from and against all claims and liabilities, including costs and expenses
[*]
 incident thereto or incident to successfully establishing the right to indemnification, for injury to or death of any person or persons, including employees of Customer but not employees of Boeing, or for loss of or damage to any property,
including Aircraft, arising out of or in any way connected with any nonconformance or defect in any SPE and whether or not arising in tort or occasioned in whole or in part by the negligence of Boeing. This indemnity will not apply with respect to
any nonconformance or defect caused solely by Boeing's installation of the SPE.

11.         Definition.

For purposes of the above indemnity, the term Boeing includes The Boeing Company, its divisions, subsidiaries and affiliates, the assignees of
each, and their directors, officers, employees and agents.
  
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
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Very truly yours,
  
 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  

 
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Attachment A
  

1.              
              Supplier Selection.
 Customer will:

1.1         Select and notify Boeing of the
suppliers and part numbers of the following SPE items by the following dates:
 [*]
  

 
  

 
  

 
  

**Actual supplier selection dates will be provided on or around the date when Boeing provides notice of the scheduled delivery month
to Customer. Boeing will communicate in advance with Customer to insure lead times are reasonable.
  

 
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
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 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

 
  
 XLR-PA-04258-LA-1402899

 
  

Aviation Finance and Leasing S.à.r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

	 	Subject:	Spare Parts Initial Provisioning

  

	 	Reference:	a) Purchase Agreement No. PA-04258 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing S. à r.l. (Customer) relating to Model 737 MAX X
aircraft (Aircraft).

  

b) Customer Services General Terms Agreement No. XLR-CSGTA (CSGTA) between Boeing and Customer.

 
 This letter agreement (Letter Agreement)
is entered into on the date below and amends and supplements the CSGTA. All capitalized terms used but not defined in this Letter Agreement have the same meaning as in the CSGTA, except for “Aircraft” which will have the meaning as
defined in the Purchase Agreement.
 In order to define the process by which Boeing and Customer will i) identify those Spare Parts and
Standards critical to Customer’s successful introduction of the Aircraft into service and its continued operation, ii) place Orders under the provisions of the CSGTA as supplemented by the provisions of this Letter Agreement for those
Spare Parts and Standards, and iii) manage the return of certain of those Spare Parts which Customer does not use, the parties agree as follows.

1.           
Definitions.
 1.1        
Provisioning Data means the documentation provided by Boeing to Customer, including but not limited to the Recommended Spare Parts List (RSPL), identifying all Boeing initial provisioning requirements for the Aircraft.

1.2         Provisioning Items
means the Spare Parts and Standards identified by Boeing as initial provisioning requirements in support of the Aircraft, excluding special tools and ground support equipment (GSE), engines and engine parts.

1.3         Provisioning Products
Guide means the Boeing Manual D6-81834 entitled “Spares Provisioning Products Guide”.
 2.            Phased Provisioning.

2.1         Provisioning Products
Guide. Prior to the initial provisioning meeting Boeing will furnish to Customer a copy of the Provisioning Products Guide.

 
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2.2        
Initial Provisioning Meeting. On or about twelve (12) months prior to delivery of the first Aircraft the parties will conduct an initial provisioning meeting in Dublin, Ireland where the procedures, schedules, and requirements for
training will be established to accomplish phased provisioning of Spare Parts and Standards for the Aircraft in accordance with the Provisioning Products Guide. If the lead time from execution of the Purchase Agreement until delivery of the first
Aircraft is less than twelve (12) months, the initial provisioning meeting will be established as soon as reasonably possible after execution of the Purchase Agreement.

2.3         Provisioning Data.
During the initial provisioning meeting Customer will provide to Boeing the operational parameter information described in Chapter 6 of the Provisioning Products Guide. After review and acceptance by Boeing of such Customer information, Boeing
will prepare the Provisioning Data. Such Provisioning Data will be furnished to Customer on or about ninety (90) days after Boeing finalizes the engineering drawings for the Aircraft. The Provisioning Data will be as complete as possible and
will cover Provisioning Items selected by Boeing for review by Customer for initial provisioning of Spare Parts and Standards for the Aircraft. Boeing will furnish to Customer revisions to the Provisioning Data until approximately ninety (90)
days following delivery of the last Aircraft or until the delivery configuration of each of the Aircraft is reflected in the Provisioning Data, whichever is later.

2.4         Buyer Furnished Equipment
(BFE) Provisioning Data. Unless otherwise advised by Boeing, Customer will provide or insure its BFE suppliers provide to Boeing the BFE data in scope and format acceptable to Boeing, in accordance with the schedule established during the
initial provisioning meeting.

3.            Purchase
from Boeing of Spare Parts and Standards as Initial Provisioning for the Aircraft.
 3.1         Schedule. In accordance with schedules established during the initial provisioning meeting, Customer may place Orders for Provisioning
Items and any GSE, special tools or engine spare parts which Customer determines it will initially require for maintenance, overhaul and servicing of the Aircraft and/or engines.

3.2         Prices of Initial
Provisioning Spare Parts.
 3.2.1     Boeing Spare
Parts. The Provisioning Data will set forth the prices for those Provisioning Items other than items listed in Article 3.3, below, that are Boeing Spare Parts, and such prices will be firm and remain in effect for one hundred and
eighty (180) days from the date the price is first quoted to Customer in the Provisioning Data.
 3.2.2     Supplier Spare Parts. Boeing will provide estimated prices in the Provisioning Data for Provisioning Items other than items listed in Article 3.3, below, that are
Supplier Spare Parts. The price to Customer for any Supplier Spare Parts that are Provisioning Items or for any items ordered for initial provisioning of GSE, special tools manufactured by suppliers, or engine spare parts will be one hundred twelve
percent (112%) of the supplier's list price for such items.

 
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3.3        
QEC Kits, Standards Kits, Raw Material Kits, Bulk Materials Kits and Service Bulletin Kits. In accordance with schedules established during the initial provisioning meeting, Boeing will furnish to Customer a listing of all components
which could be included in the quick engine change (QEC) kits, Standards kits, raw material kits, bulk materials kits and service bulletin kits which may be purchased by Customer from Boeing. Customer will select, and provide to Boeing its
desired content for the kits. Boeing will furnish to Customer as soon as practicable thereafter a statement setting forth a firm price for such kits. Customer will place Orders with Boeing for the kits in accordance with schedules established during
the initial provisioning meeting.

4.           
Delivery.
 For Spare Parts and Standards ordered by Customer in accordance with Article 3 of this Letter Agreement, Boeing
will, insofar as reasonably possible, deliver to Customer such Spare Parts and Standards on dates reasonably calculated to conform to Customer's anticipated needs in view of the scheduled deliveries of the Aircraft. Customer and Boeing will agree
upon the date to begin delivery of the provisioning Spare Parts and Standards ordered in accordance with this Letter Agreement. Where appropriate, Boeing will arrange for shipment of such Spare Parts and Standards which are manufactured by suppliers
directly to Customer from the applicable supplier's facility. The routing and method of shipment for initial deliveries and all subsequent deliveries of such Spare Parts and Standards will be as established at the initial provisioning meeting and
thereafter by mutual agreement.

5.           
Substitution for Obsolete Spare Parts.

5.1         Obligation to Substitute
Pre-Delivery. In the event that, prior to delivery of the first Aircraft, any Spare Part purchased by Customer from Boeing in accordance with this Letter Agreement as initial provisioning for the Aircraft is rendered obsolete or unusable due to
the redesign of the Aircraft or of any accessory, equipment or part thereof (other than a redesign at Customer's request) Boeing will deliver to Customer at no charge new and usable Spare Parts in substitution for such obsolete or unusable Spare
Parts and, upon such delivery, Customer will return the obsolete or unusable Spare Parts to Boeing.
 5.2         Delivery of Obsolete Spare Parts and Substitutes. Obsolete or unusable Spare Parts returned by Customer pursuant to this
Article 5 will be delivered to Boeing at its Seattle Distribution Center or such other destination as Boeing may reasonably designate. Spare Parts substituted for such returned obsolete or unusable Spare Parts will be delivered to Customer in
accordance with the CSGTA. Boeing will pay the freight charges for the shipment from Customer to Boeing of any such obsolete or unusable Spare Part and for the shipment from Boeing to Customer of any such substitute Spare Part.

6.            Repurchase
of Provisioning Items.
 6.1        
Obligation to Repurchase. During a period commencing one (1) year after delivery of the first Aircraft , and ending five (5) years after such delivery, Boeing will,

 
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upon receipt of Customer's written request and subject to the exceptions in Article 6.2, repurchase unused and undamaged
Provisioning Items which (i) were recommended by Boeing in the Provisioning Data as initial provisioning for the Aircraft, (ii) were purchased by Customer from Boeing, and (iii) are surplus to Customer's needs.

6.2         Exceptions. Boeing
will not be obligated under Article 6.1 to repurchase any of the following: (i) quantities of Provisioning Items in excess of those quantities recommended by Boeing in the Provisioning Data for the Aircraft, (ii) QEC kits, bulk
material kits, raw material kits, service bulletin kits, Standards kits and components thereof (except those components listed separately in the Provisioning Data), (iii) Provisioning Items for which an Order was received by Boeing more than
five (5) months after delivery of the last Aircraft , (iv) Provisioning Items which have become obsolete or have been replaced by other Provisioning Items as a result of Customer's modification of the Aircraft, and (v) Provisioning
Items which become excess as a result of a change in Customer's operating parameters, as provided to Boeing pursuant to the initial provisioning meeting and which were the basis of Boeing's initial provisioning recommendations for the Aircraft.

6.3         Notification and
Format. Customer will notify Boeing, in writing when Customer desires to return Provisioning Items under the provisions of this Article 6. Customer's notification will include a detailed summary, in part number sequence, of the Provisioning
Items Customer desires to return. Such summary will be in the form of listings, tapes, diskettes or other media as may be mutually agreed between Boeing and Customer and will include part number, nomenclature, purchase order number, purchase order
date and quantity to be returned. Within five (5) business days after receipt of Customer's notification, Boeing will advise Customer in writing when Boeing's review of such summary will be completed.

6.4         Review and Acceptance by
Boeing. Upon completion of Boeing's review of any detailed summary submitted by Customer pursuant to Article 6.3, Boeing will issue to Customer a Material Return Authorization (MRA) for those Provisioning Items Boeing agrees are
eligible for repurchase in accordance with this Article 6. Boeing will advise Customer of the reason that any Provisioning Item included in Customer's detailed summary is not eligible for return. Boeing's MRA will state the date by which
Provisioning Items listed in the MRA must be redelivered to Boeing, and Customer will arrange for shipment of such Provisioning Items accordingly.

6.5         Price and Payment. The
price of each Provisioning Item repurchased by Boeing pursuant to this Article 6 will be an amount equal to one hundred percent (100%) of the original invoice price thereof except that the repurchase price of Provisioning Items purchased
pursuant to Article 3.2.2 will not include Boeing's twelve percent (12%) handling charge. Boeing will pay the repurchase price by issuing a credit memorandum in favor of Customer which may be applied against amounts due Boeing for the
purchase of Spare Parts or Standards.

6.6         Delivery of Repurchased
Provisioning Items. Provisioning Items repurchased by Boeing pursuant to this Article 6 will be delivered to Boeing F.O.B. at its

 
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Seattle Distribution Center or such other destination as Boeing may reasonably designate.

7.            Title and
Risk of Loss.
 Title and risk of loss of any Spare Parts or Standards delivered to Customer by Boeing in accordance with this Letter
Agreement will pass from Boeing to Customer in accordance with the applicable provisions of the CSGTA. Title to and risk of loss of any Spare Parts or Standards returned to Boeing by Customer in accordance with this Letter Agreement will pass to
Boeing upon delivery of such Spare Parts or Standards to Boeing in accordance with the provisions of Article 5.2 or Article 6.6, herein, as appropriate.

8.            Termination
for Excusable Delay.
 In the event of termination of the Purchase Agreement pursuant to Article 7 of the AGTA with respect to any
Aircraft , such termination will, if Customer so requests by written notice received by Boeing within thirty (30) days after such termination, also discharge and terminate all obligations and liabilities of the parties as to any Spare Parts or
Standards which Customer had ordered pursuant to the provisions of this Letter Agreement as initial provisioning for such Aircraft and which are undelivered on the date Boeing receives such written notice.

9.            Order of
Precedence.
 In the event of any inconsistency between the terms of this Letter Agreement and the terms of any other provisions of the
CSGTA, the terms of this Letter Agreement will control.
  

 
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Very truly yours,
  

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

 
  

 
  

 
	XLR-PA-04258-LA-1402898
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	BOEING PROPRIETARY
	
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 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

 
 
 XLR-PA-04258-LA-1402900

 
  

Aviation Finance and Leasing S.à.r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

	 	Subject:	Flight Crew Training Spare Parts Support

  

	 	Reference:	Purchase Agreement No. PA-04258 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing S.à.r.l. (Customer) relating to Model 737 MAX X aircraft
(Aircraft)

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

1.            Definition
of Terms:
 Flight Crew Training: Flight training conducted by Boeing and occurring immediately following delivery of the
Aircraft.
 Removed Parts: Parts removed from an Aircraft during Flight Crew Training.

Replacement Parts: Parts taken from Boeing inventory and installed in an Aircraft because no Standby Parts are available.

Standby Parts: Parts which are owned by Customer and located at Customer’s designated storage area at Boeing to support Flight
Crew Training.
 Training Aircraft: The Aircraft delivered to Customer and used for Flight Crew Training.

2.           
Provisioning of Spare Parts.
 To support Flight Crew Training, Boeing agrees to provide normal line maintenance and
expendable spare parts at no charge on the Training Aircraft; and, Customer agrees to provide Standby Parts for the Training Aircraft. The Standby Parts list, including part numbers, exact quantities and on-dock dates, will be established during the
provisioning meeting.
 If parts other than those discussed above fail on the Training Aircraft during Flight Crew Training, Boeing will
attempt to provide Replacement Parts for those failed parts. If Boeing is unable to provide Replacement Parts, Customer will be responsible for providing those parts.

3.            Disposition
of Removed Parts.
 With respect to Removed Parts, Boeing may:

 
	 

 
	 

	 	(i)	repair such Removed Parts, at no charge to Customer, and either retain such parts as Standby Spare Parts or return the Removed Parts to Customer, at Customer expense;

	 	(ii)	return the Removed Parts to Customer at Customer’s expense; or

	 	(iii)	return the Removed Parts to the manufacturer for repair or replacement under such manufacturer’s warranty. Upon Boeing’s receipt of the repaired Removed Parts or their replacements,
Boeing may retain such Removed Parts or their replacements as Standby Parts or return such Removed Parts or their replacements to Customer, at Customer’s expense.

Any Removed Parts returned to Customer, or replacements, will be accomplished in accordance with any written instructions from Customer
received by Boeing prior to such return.

4.            Redelivery
of Standby Parts.
 Standby Parts not installed in the Training Aircraft will be redelivered to Customer on board the last aircraft used
for Flight Crew Training.

5.           
Non-performance by Customer.
 If Customer’s non-performance of obligations in this Letter Agreement causes a delay in
the Flight Crew Training, Customer will be deemed to have agreed to any such delay in Flight Crew Training. In addition, Boeing will have the right to:

	 	(i)	purchase Standby Spare Parts and invoice Customer for the price of such Parts and for any necessary adjustment and calibration of such Parts;

	 	(ii)	cancel or reschedule the Flight Crew Training;

	 	(iii)	invoice Customer for any expenses, including but not limited to ground handling expenses, maintenance costs and storage costs, that are directly attributable to the delay in the Flight Crew
Training.

6.            Customer
Warranty.
 Customer warrants that the Standby Parts will meet the requirements of the Detail Specification and be in a condition to
pass Boeing’s receiving inspection and functional test, and if not in a new condition, will have an attached FAA Serviceable Parts Tag.

7.            Title and
Risk of Loss.

 
	 

 
	 

Title to and risk of loss of any Standby Parts or Removed Parts will remain with Customer. Boeing will have only
such liability for Standby Parts and Removed Parts as a bailee for mutual benefit would have, but will not be liable for loss of use. For Replacement Parts, title will transfer to Customer at the time such part is installed on the Training
Aircraft.
  
 Very truly yours,

 
  

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

 
	 

 
	 

 
 
 

 
 

	
 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

 
 XLR-PA-04258-LA-1402901

 
  

Aviation Finance and Leasing S.à.r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
 1.            [*]
 1.1         [*]
  

 
  

 
 [The remainder of this page is intentionally left blank]
  
 *Redacted pursuant to a Request for Confidential
Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402901
[*]
	BOEING PROPRIETARY
	LA Page
1

 
	 

 
 1.2         [*]
 [*]

2.            [*]

2.1         [*]

2.2         [*]

3.            [*]

3.1         [*]

3.2         [*]

  
 *Redacted pursuant to a
Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402901
[*]
	BOEING PROPRIETARY
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[*]
 3.3         [*]
 4.            [*]
 [*]

5.            [*]

[*]
 

 
  

  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402901
[*]
	BOEING PROPRIETARY
	LA Page
3

 
	 

Very truly yours,
  

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

 
  

 
 

 
	XLR-PA-04258-LA-1402901
[*]
	BOEING PROPRIETARY
	LA Page 4

 
	 

 

	
 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

 
  

 XLR-PA-04258-LA-1402902
  

 
 Aviation Finance and Leasing S.à. r.l.

16, Avenue Pasteur
 L-2310
 Luxembourg

 

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
 1.            [*]
 2.            [*]
 2.1         [*]
 2.2         [*]
 2.3         [*]
 2.4         [*]
 2.5         [*]
 3.            [*]
 [*]

  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402902
[*]
	BOEING PROPRIETARY
	LA Page
1

 
	 

[*]
 4.            [*]
  

Very truly yours,
  

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 
	XLR-PA-04258-LA-1402902
[*]
	BOEING PROPRIETARY
	LA Page
2

 
	 

 
  

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

 
 XLR-PA-04258-LA-1402903

 
  

Aviation Finance and Leasing S.à.r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

	 	Subject:	[*]

  

	 	Reference:	[*]

  
 [*]

1.            [*]

[*]

2.            [*]

[*]
 3.            [*]
 [*]

4.            [*]

[*]
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402903
[*]
	BOEING PROPRIETARY
	LA Page
1

 
	 

 
  
 5.            [*]
 [*]

6.            [*]

[*]
 Very truly yours,

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402903
[*]
	BOEING PROPRIETARY
	LA Page
2

 
	 

 
  

Attachment A to
 Letter
Agreement XLR-PA-04258-LA-1402900
  
 [*]

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 
	XLR-PA-04258-LA-1402903
[*]
	BOEING PROPRIETARY
	LA Page
3

 
	 

 

	 

	 

	 

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

 
 XLR-PA-04258-LA-1402904

 
  

Aviation Finance and Leasing S.à.r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

	 	Subject:	[*]

  

	 	Reference:	[*]

  
 [*]

 
  

1.            [*]

[*]
 2.            [*]
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402904
[*]
	BOEING PROPRIETARY
	LA Page
4

 
	 

 
  
 Very truly yours,

 
  

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

 
  

 
 

 
	XLR-PA-04258-LA-1402904
[*]
	BOEING PROPRIETARY
	LA Page
5

 
	 

 

	 Attachment to Letter Agreement
 No. XLR-PA-04258-LA-1402904

LEAP-1B27 Engines
 Page 6

MODEL 737 MAX X PERFORMANCE GUARANTEES
 FOR Aviation Finance and Leasing S.á r.l.

SECTIONCONTENTS

	 	1	[*]

	 	2	[*]

	 	3	[*]

	 	4	[*]

	 	5	[*]

	 	6	[*]

	 	7	[*]

  
 *Redacted pursuant to a Request for Confidential Treatment, filed
separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
7

	 	1	[*]

 [*]

	 	2	[*]

	 	2.1	[*]

	 	2.1.1	[*]

	 	2.1.2	[*]

	 	2.1.3	[*]

  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
8

 

	 	2.2	[*]

	 	2.2.1	[*]

	 	2.2.2	[*]

	 	2.3	[*]

 [*]
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
9

 

	 	2.4	[*]

	 	2.4.1	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
10

 
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
11

 
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
12

 
 [*]

	 	2.4.2	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
13

 
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
14

 
 [*]

	 	2.4.3	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
15

 
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
16

 
 [*]

	 	2.4.4	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
17

[*]
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
18

 

	 	2.4.5	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
19

 
 [*]

	 	2.4.6	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
20

 
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
21

 
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
22

 
  

[*]

	 	2.4.7	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
23

	 	2.4.8	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
24

 

	 	2.4.9	[*]

 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
25

 

	 	3	[*]

	 	 	[*]

	 	4	[*]

	 	4.1	[*]

	 	4.2	[*]

	 	4.3	[*]

  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
26

 

	 	5	[*]

	 	5.1	[*]

	 	5.2	[*]

	 	5.3	[*]

	 	5.4	[*]

	 	5.5	[*]

  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
27

 
 [*]

	 	5.6	[*]

	 	5.7	[*]

	 	6	[*]

	 	6.1	[*]

	 	6.2	[*]

	 	6.3	[*]

	 	6.4	[*]

	 	6.5	[*]

	 	6.6	[*]

  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	Attachment to Letter Agreement
No.
XLR-PA-04258-LA-1402904
LEAP-1B27 Engines
Page 
28

 

	 	6.7	[*]

	 	6.8	[*]

	 	7	[*]

  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	P.A. No.
PA-04258
AERO-B-BBA4-M14-0567
	BOEING PROPRIETARY
	SS14-0278

 
	 

 
  

 
  

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-PA-04258-LA-1402905
  

 
 Aviation Finance and Leasing S.à.r.l.

16, Avenue Pasteur
 L-2310
 Luxembourg

 

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
  

 
 1.                            [*]

[*]
  

 
  

 
  

 
  

 
 2.            [*]
 [*]

 
  

 
  

 
  

3.            [*]

[*]
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402905
[*]
	BOEING PROPRIETARY
	LA Page
29

 
	 

	 

 [*]
  

 
  

Very truly yours,
  

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.
  

 
	XLR-PA-04258-LA-1402905
[*]
	BOEING PROPRIETARY
	LA Page
30

 
	 

 
  

 

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-PA-04258-LA-1402907
  

 
 Aviation Finance and Leasing S.á r.l.

16, Avenue Pasteur
 L-2310
 Luxembourg

 

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
  

1.              
              [*]
  

1.1           [*]

 
 1.2           [*]
  

 
 1.3           [*]
  

 
 2.                            [*]

[*]
  

 
  

 
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.
  
  

 
  

 
	XLR-PA-04258-LA-1402907
[*]
	BOEING PROPRIETARY
	LA Page
1

 
	 

3.    
                        [*]

[*]
  

 
  

 
 4.            [*]
 [*]

 
  

 
  

 
  

 
  

5.       
     [*]
 [*]

 
  

5.1           [*]

 
  

5.2           [*]

 
  

 
 6.                            [*]

6.1           [*]

 
  

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 

 
	XLR-PA-04258-LA-1402907
[*]
	BOEING PROPRIETARY
	LA Page
2

 
	 

 
 [*]
  

 
  

 
 6.2           [*]
  

 
  

 
  

7.              
              [*]
 [*]

 
 7.1[*]

 
  

 
  

 
  

 
  

 
  

 
 8.                            [*]

[*]
  

 
 9.            [*]
 [*]

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 
	XLR-PA-04258-LA-1402907
[*]
	BOEING PROPRIETARY
	LA Page
3

 
	 

 
 [*]

 
  

 
  

 
  

10.             
            [*]
 [*]
 

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402907
[*]
	BOEING PROPRIETARY
	LA Page
4

 
	 

 

11.             
            [*]
 [*]

 
  

 
  

 
  

Very truly yours,
  

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402907
[*]
	BOEING PROPRIETARY
	LA Page
5

 
	 

 

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

 
 XLR-PA-04258-LA-1402908

 
 Aviation Finance and Leasing S.à.r.l.

16, Avenue Pasteur
 L-2310
 Luxembourg

 

	 	Subject:	Shareholder Approval

  

	 	Reference:	Purchase Agreement No. PA-04258 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing S.à.r.l. (Customer) relating to Model 737 MAX X aircraft
(Aircraft)

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

1.            Shareholder
Approval.
 1.1         Customer
will use all reasonable efforts to obtain approval for the purchase of the Aircraft from Shareholders of Ryanair Holdings plc as soon as practicable after the signing of this Letter Agreement, and will advise Boeing promptly after such approval has
been obtained. If Boeing has not received written notice from Customer within [*] after the date of signing the Definitive Agreement, (Approval Deadline) that approval has been obtained, then the Purchase Agreement will be terminated
immediately thereafter.

2.            Effect of
Termination.
 If there is any termination under the above provisions, all rights and obligations of Boeing and Customer with respect to
the Aircraft will terminate and be without further force and effect, except that Boeing will promptly refund to Customer, without interest, all applicable advance payments, received by Boeing from Customer pursuant to the Purchase Agreement and
Customer will promptly refund to Boeing all applicable advanced credits provided with respect to the Aircraft.
 3.            Confidential Treatment.

The information contained herein represents confidential business information and has value precisely because it is not available generally or
to other parties. Customer will limit the disclosure of its contents to employees of Customer with a need to know the contents for purposes of helping Customer perform its obligations under the Purchase Agreement and who understand they are not to
disclose its contents to any other person or entity without the prior written consent of Boeing.
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402908
Shareholder Approval
	BOEING PROPRIETARY
	LA Page
6

 
	 

 
 
 
 Very truly yours,
  

 
  

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	 
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.
  

 

 
	XLR-PA-04258-LA-1402908
Shareholder Approval
	BOEING PROPRIETARY
	LA Page
7

 
	 

 
  

 
  

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-PA-04258-LA-1402909
  

 
 Aviation Finance and Leasing S.à.r.l.

16, Avenue Pasteur
 L-2310
 Luxembourg

 
  

	 	Subject:	[*]

  

	 	Reference:	[*]

  

 
 [*]

 
  

1.            [*]

1.1         [*]

 
 1.2         [*]
  

1.3         [*]

 
 2.            [*]
 [*]

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402909
[*]
	BOEING PROPRIETARY
	LA Page
1

 
	 

 

3.            [*]

[*]
  

 
 Very truly yours,

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402909
[*]
	BOEING PROPRIETARY
	LA Page
2

 
	 

 
  

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-PA-04258-LA-1402910
  

 
 Aviation Finance and Leasing S.à.r.l.

16, Avenue Pasteur
 L-2310
 Luxembourg

 
  

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
  

 
 1.            [*]
 [*]

 
  

2.            [*]

2.1         [*]

 
 2.2         [*]
  

2.3         [*]

2.3.1     [*]

 
 2.3.2     [*]
  

2.3.3     [*]

 
 2.3.4      [*]
 2.4         [*]
 *Redacted pursuant to a Request for Confidential Treatment, filed
separately with the Commission.

 
	XLR-PA-04258-LA-1402910
[*]
	BOEING PROPRIETARY
	LA Page
1

 
	 

 

 2.4.1      [*]

 
 2.4.2     [*]
  

2.5         [*]

2.5.1     [*]

 
  

2.5.2     [*]

2.5.3     [*]

 
 2.5.4     [*]
  

 
  

2.5.5     [*]

 
  

 
  

 
 3.            [*]
 [*]

 
  

 
  

4.            [*]

[*]
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.
  
  

 
	XLR-PA-04258-LA-1402910
[*]
	BOEING PROPRIETARY
	LA Page
2

 
	 

 

  
  

Very truly yours,
  

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-PA-04258-LA-1402910
[*]
	BOEING PROPRIETARY
	LA Page
3

 
	 

 
  

 

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-PA-04258-LA-1402911
  

 
 Aviation Finance and Leasing S.à.r.l.

to 16, Avenue Pasteur
 L-2310
 Luxembourg

 

	 	Subject:	Open Matters

  

	 	Reference:	Purchase Agreement No. PA-04258 (Purchase Agreement) between The Boeing Company (Boeing) and Aviation Finance and Leasing S.à.r.l.. (Customer) relating to Model 737 MAX X aircraft
(Aircraft)

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

Given the long period of time between Purchase Agreement signing and delivery of the first Aircraft and the continued development of the 737
MAX X program, certain elements have not yet been defined. In consideration, Boeing and Customer agree to work together as the 737 MAX X program develops as follows:

1.            Aircraft
Delivery Schedule.
 1.1        
The scheduled delivery position of the Aircraft, as of the date of this Letter Agreement is [*]
  

 
  

 
 1.2         [*]
  

 
 1.3         [*]
 *Redacted pursuant to a Request for Confidential Treatment, filed
separately with the Commission.

 
	XLR-PA-04258-LA-1402911
Open Matters
	BOEING PROPRIETARY
	LA Page
1

 
	 

 

2.            Aircraft
Configuration.
 2.1         The
initial configuration of Customer's Model 737 MAX X Aircraft has been defined [*]
 Final configuration of the Aircraft (Final
Configuration) will be completed using the then-current Boeing configuration documentation in accordance with the following schedule:

2.1.1     [*]

 
 2.1.2     Within [*] after that meeting, Boeing will provide Customer with a proposal for those optional features that can be incorporated into the Aircraft during
production.
 2.1.3     Unless mutually agreed otherwise
between the Parties, Customer will then elect to either accept or reject the optional features no later than [*] prior to the first delivery..

2.1.4     Within thirty [*] following Final Configuration,
Boeing and Customer will execute a written amendment to the Purchase Agreement which will reflect the following:

	 	(i)	changes applicable to the basic Model MAX X aircraft which are developed by Boeing between the date of signing of the Purchase Agreement and date of Final Configuration;

	 	(ii)	incorporation into Exhibit A of the Purchase Agreement, by written amendment, those optional features which have been agreed to by Customer and Boeing (Customer Configuration
Changes);

	 	(iii)	revisions to the Supplemental Exhibit BFE1 to reflect the selection dates and on-dock dates of BFE; and

	 	(iv)	[*]

  

 
  

 
  

 
  

 
 2.2         [*]
 *Redacted pursuant to a Request for Confidential Treatment, filed
separately with the Commission.

 
	XLR-PA-04258-LA-1402911
Open Matters
	BOEING PROPRIETARY
	LA Page
2

 
	 

 
  
 2.3         [*]
  

 
  

 
 3.            Customer Support Variables.

3.1         The initial customer support
package contained in Supplemental Exhibit CS1 to the Purchase Agreement is predicated upon the 737NG customer support package. Boeing intends to further refine the post delivery support package for the 737 MAX X and will provide this revised
package to Customer no later than thirty-six (36) months prior to the first month of the scheduled delivery quarter of the first Aircraft. The provision of such revised Supplemental Exhibit CS1 will constitute an amendment to the Purchase
Agreement and will provide the Customer an overall Boeing post-delivery support package that is equivalent to, or better than, the Supplemental Exhibit CS1 included in the Purchase Agreement as of the date of this Letter Agreement.

3.2         Additionally, Boeing will
engage in discussions with Customer in conjunction with the providing of the updated Supplemental Exhibit CS1 to offer to Customer additional uniquely tailored post-delivery support services beyond the scope of the Supplemental Exhibit CS1
that will further enhance the maintainability and operational efficiency of the Aircraft.
 4.            Other Letter Agreements.

Boeing and Customer acknowledge that as they work together to develop the 737 MAX X program and as Boeing refines the definition of the
Aircraft and associated production processes, there may be a need, subject to mutual agreement, to execute or amend additional letter agreements letter agreements
addressing one (1) or more of the following:

4.1         Software. Additional
provisions relating to software and software loading.

4.2         Seller Purchased Equipment
(SPE) and/or In-Flight Entertainment (IFE). Provisions relating to the terms under which Boeing may offer or install SPE or IFE in the Aircraft.

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402911
Open Matters
	BOEING PROPRIETARY
	LA Page
3

 
	 

 
 Very truly yours,
  

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 
	XLR-PA-04258-LA-1402911
Open Matters
	BOEING PROPRIETARY
	LA Page
4

 
	 

 
  

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-PA-04258-LA-1402912
  

 
 Aviation Finance and Leasing S.à r.l

16, Avenue Pasteur
 L-2310
 Luxembourg

 

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
  

 
 1.            [*]
 [*]

 
  

 
 2.            [*]

         [*]

 
 3.            [*]
 3.1         [*]
  

 
  

 
 3.2         [*]
  

 
  

 
  

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 

 
	XLR-PA-04258-LA-1402912
[*]
	
BOEING PROPRIETARY
	LA Page
1

 
	 	 	 

 

  
 [*]

 
 4.            [*]
 4.1         [*]
  

 
  

 
  

 
  

 
  

 
  

 
 4.2 [*]

 
  

4.3 [*]
  

 
 5.            [*]
 5.1         [*]
  

 
 5.2         [*]
  

 
  

6.            [*]

6.1         [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402912
[*]
	
BOEING PROPRIETARY
	LA Page
2

 
	 	 	 

 
  

  
  

6.2         [*]

 
  

 
  

7.            [*]

[*]
  

 
  

 
  

 
  

 
  

8.            [*]

[*]
  

 
  

 
  

 
 9.            [*]
 [*]

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-PA-04258-LA-1402912
[*]
	
BOEING PROPRIETARY
	LA Page
3

 
	 	 	 

 
  
 Very truly yours,

 
  

 

	THE BOEING COMPANY
	 
	  
 By
	/s/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  

 
  

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 

 
	XLR-PA-04258-LA-1402912
[*]
	
BOEING PROPRIETARY
	LA Page
4

 
	 	 	 

 
  

 
 Attachment A to

Letter Agreement No. XLR-PA-04258-LA-1402912
 [*]

 
  

 
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 
	XLR-PA-04258-LA-1402913 70099-1O.TXT
	BOEING PROPRIETARY
	Page
1

 
	 

 
  

 
  

 
  

Attachment to
 Letter Agreement No. XLR-PA-04258-LA-1402912

[*]
  

 
  

 
  

 
  

 
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
  

 

 
	XLR-PA-04258-LA-1402913 70099-1O.TXT
	BOEING PROPRIETARY
	Page
2

 
	 

 
  

 
  

	 	The Boeing Company
 P.O. Box 3707
 Seattle, WA 98124-2207

  

XLR-SU-1403203
  

Aviation Finance and Leasing S. à r.l.
 16, Avenue Pasteur

L-2310
 Luxembourg
  

 

	 	Subject:	[*]

  

	 	Reference:	[*]

  

[*]
  

 
  

 
  

 
  

 
  

 
  

 
  

 
 1.            [*]
 1.1         [*]
  

 
  

 
  

 
  

 
  

1.2         [*]

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 
	XLR-SU-1403203
[*]
	
BOEING PROPRIETARY
	 Page
1

 
	 	 	 

 

  
 1.2.1      [*]
  

 
  

1.3         [*]

 
  

1.3.1     [*]

 
  

 
 1.4         [*]
  

2.            [*]

2.1         [*]

 
  

2.2         [*]

 
  

 
  

 
 3.            [*]
 [*]

 
  

 
  

 
 4.            [*]
  

*Redacted pursuant to a Request for Confidential Treatment, filed separately with the Commission.

 

 
	XLR-SU-1403203
[*]
	
BOEING PROPRIETARY
	Page
2

 
	 	 	 

 
  

  
 4.1         [*]
 4.1.1     [*]
 [*]

 
  

 
  

 
  

 
 4.1.2     [*]

4.1.3     [*]

 
  

 
 4.2         [*]
 4.2.1     [*]
  

 
  

 
  

 
 4.2.2     [*]

4.3         [*]

4.3.1     [*]

[*]
  

 
  

 
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.

 
	XLR-SU-1403203
[*]
	
BOEING PROPRIETARY
	 Page
3

 
	 	 	 

 
  

  
 4.3.2      [*]
  

4.3.3     [*]

 
 4.4         [*]
 [*]

 
  

 
 5.            [*]
 [*]

 
  

 
  

 
 *Redacted pursuant to a Request for Confidential Treatment, filed separately with the
Commission.
  

 
	XLR-SU-1403203
[*]
	
BOEING PROPRIETARY
	 Page
4

 
	 	 	 

 
  

6.            [*]

 
  

 
 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/ David F. Langley
	             David F. Langley
	Its	Attorney-In-Fact
	 
	ACCEPTED AND AGREED TO this
	 
	Date:	September 7, 2014
	 
	Aviation Finance and Leasing S.à.r.l.
	 
	  
  

By
	/s/ Howard Millar
	             Howard Millar
	 	 
	Its	  Director
	 	 	 

  
 *Redacted pursuant to a Request for
Confidential Treatment, filed separately with the Commission.
  
  

 
	XLR-SU-1403203
[*]
	
BOEING PROPRIETARY
	 Page
5

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