Document:

EX-10.19(d)

	*****	 Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10).

 Such excluded information is not material and would likely cause competitive harm to the registrant if publicly
disclosed. 
 Exhibit 10.19(d) 
 1
August, 2003 
 LETTER AGREEMENT NO. 3 
 Frontier
Airlines. Inc. 
 Frontier Center One 
 7001 Tower Road 

Denver, CO 80249-7312 

Gentlemen: 
 CFM International, Inc. (“CFMI”)
and Frontier Airlines, Inc. (“Airline”) have entered into General Terms Agreement No. 6-13616 dated June 30, 2000 (the “Agreement”). The Agreement contains
applicable terms and conditions governing the sale by CFMI and the purchase by Airline from CFMI of CFM56 series Engines, Modules and Optional Equipment in support of Airline’s acquisition of new aircraft. 

WHEREAS, CFMI and Airline have previously entered into Letter Agreement No. 1 and No. 2 to document Airline’s agreement to install CFM56-5B5/P engines on a minimum of ***** new firm and up to ***** option A319 aircraft (the “A319 Aircraft”) and ***** CFM56-5B powered A318 aircraft
directly from Airbus Industries (“AI”) in accordance with the Airbus A318/A319 Purchase Agreement between Airline and AVSA, S.A.R.L. (the “AI Purchase Agreement”); and 

WHEREAS, Airline now agrees to purchase ***** additional new firm CFM56-5B5/P powered A319 aircraft (individually or
collectively the “Additional A319 Aircraft”) (with options to convert such A319 aircraft to new firm CFM56-5B4/P powered A320 aircraft, the “Additional A320 Aircraft”) directly from
AI in accordance with the AI Purchase Agreement, as memorialized in Attachment A hereto; and 
 WHEREAS. Airline agrees to purchase ***** spare CFM56-5B5/P engines from CFMI in ***** according to the delivery schedule set forth in Attachment A. However, if ***** or more of the Additional A319 Aircraft are converted to
CFM56-5B4/P powered A320 aircraft. Airline shall purchase from CFMI ***** spare CFM56-5B5/P engine in ***** and ***** spare
CFM56-5B4/P engine in the year in which Airline takes delivery of the first of the Additional A320 Aircraft. These ***** spare engines are incremental to spare engine commitments from previous agreements. 

NOW, THEREFORE, in consideration of Airline’s agreements set forth above, CFMI and Airline agree as follows: 

 

	I.	 CFM56 Spare Engine Price 

Base price for new CFM56-5B5/P and CFM56-5B4/P spare Engines,
delivered through ***** are set forth in Attachment B hereto. The base price is subject to adjustment for escalation per the escalation formula set forth in Attachment C hereto. 

	II.	 Special Allowances 

CFMI agrees to provide to Airline the following special allowances. These allowances are subject to the conditions set forth in Attachment D
hereto. 
  

	 	1)	 ***** (*****) allowance per each Additional A319 Aircraft purchased by and delivered to Airline by *****. This
allowance is subject to escalation to the date of delivery of the related shipset of CFM56-5B5/P engines to AI, pursuant to the escalation formula set forth in Attachment C hereto. 

 

	 	2)	 ***** (*****) allowance per each Additional A320 Aircraft purchased by and delivered to Airline by *****. This
allowance is subject to escalation the date of delivery of the related shipset of CFM56-5B4/P engines to AI, pursuant to the escalation formula set forth in Attachment C hereto. This allowance will be
increased to ***** (*****) provided Airline has contractually (with Airbus and with written notice thereof to CFMI) converted the Additional A319 Aircraft to Additional A320 by *****. 

CFMI shall also provide an additional supplemental credit (*****) of ***** per each of the Additional A319 Aircraft or ***** per each of the
Additional A320 Aircraft, provided such Additional A319 Aircraft and Additional A320 Aircraft are purchased by and delivered to Airline by January 31, 2009. This credit shall be applied by Airline towards the purchase price of the ***** spare CFM56-5B engines Airline has agreed to purchase from CFMI as described above. 
  

	 	3)	 The above allowances and credits shall be available within ***** following receipt of written notice from
Airline that it has taken delivery of the Additional A319 Aircraft or Additional A320 Aircraft in accordance with the AI Purchase Agreement. 

  

	III.	 Special Guarantees 

The Special Guarantees set forth in paragraph J of Section II of Exhibit B to the Agreement shall be applicable to the Additional A319 Aircraft
and Additional A320 Aircraft set forth in this Letter Agreement No. 3. However, the “Delivery Period” referred to in paragraph A.1 of Attachment A to Exhibit B of the Agreement shall, for the purposes of this Letter Agreement
No. 3, be the delivery schedule set forth in Attachment A hereto. 
 Also, paragraph A.3 of Attachment A to Exhibit B of the Agreement
shall, for the purposes of this Letter Agreement No. 3 only, be amended to read as follows: 
 “3. Airline operating Aircraft *****
A change in Aircraft or Engine quantity, Aircraft or Engine model, Aircraft delivery occurring outside of the Delivery Period, or flight operations resulting in more severe operating conditions than described above will require adjustment of the
guaranteed values to reflect such different conditions, using CFMI’s operational severity criteria.” 

  
 2 

 All other conditions set forth in the Agreement and Attachment A and Attachment B to Exhibit B of
the Agreement (except as amended above) shall be incorporated herein as if set out in full. 
 The obligations set forth in this Letter
Agreement No. 3 are in addition to the obligations set forth in the Agreement. 
 This Letter Agreement is valid, unless withdrawn by
CFMI prior to acceptance by Airline, until August 31, 2003. 
 Please indicate your agreement with the foregoing by signing the original and one
(1) copy of this Letter Agreement No. 3 in the space provided below. 
  

									
		 		 	Very truly yours,
			
	FRONTIER AIRLINES, INC.	 		 	CFM INTERNATIONAL, INC.
					
	By:	 	/s/ Paul H. Tate	 		 	By:	 	/s/ Jeff Robeson
			
	Typed Name: Paul H. Tate	 		 	Typed Name: Jeff Robeson
			
	Title: Sr. VP & CFO	 		 	Title: Attorney In Fact
		 	 	 		 		 	 
		 	 	 		 		 	 
			
	Date: September 23, 2003	 		 	Date: August 1, 2003

  
 3 

 ATTACHMENT A 

 

									
	 Qty
	  	 Aircraft

Delivery
 Dates
	  	Qty	  	Spare
Engine
Delivery
Dates	  	Type
	*****	  	*****	  	*****	  	*****	  	*****
	*****	  	*****	  	*****	  	*****	  	*****
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	
	*****	  	*****	  		  		  	

  

	*	 Aircraft above are either A319 or A320. The second spare engine will be
CFM56-5B5/P unless four or more aircraft are converted to A320 aircraft, in which case it shall be a CFM56-5B4/P and delivery shall take place in the year in which
Airline takes delivery of the first of the Additional A320 Aircraft. 

 Airline’s failure to purchase and take delivery of
(i) any one or more of the Additional A319 Aircraft or Additional A320 Aircraft and (ii) the ***** Spare Engines in strict accordance with the foregoing schedule will not affect the rights and obligations of the parties hereunder, so long
as such Aircraft and Spare Engines are purchased and accepted by Airline within ***** after the last day of the scheduled year of delivery, as such scheduled year for the Aircraft may be postponed in accordance with the Airbus Purchase Agreement for
any reason other than a request by Airline or a default thereunder by Airline (the “Delivery Period”). 

  
 4 

 ATTACHMENT B 

BASE PRICES FOR SPARE ENGINES. 

OPTIONAL EQUIPMENT AND MODULES 
  

			
	 Item
	  	Base Price
*****
	 *****
	  	*****

  

	A.	 Base prices are effective for firm orders received by CFMI within quoted lead time for basic spare Engines
(including associated equipment and maximum climb thrust increase). Optional Equipment and Modules for delivery to Airline by CFMI on or before *****. The base prices are ex works, Evendale, Ohio, or point of manufacture, subject to adjustment for
escalation and Airline shall be responsible, upon delivery, for the payment of all taxes, duties, fees or other similar charges. 

  

	B.	 The selling price of CFM56-5B basic spare Engines. Optional Equipment
and Modules ordered for delivery after the period set forth in Paragraph A above shall be the base price then in effect and as set forth in each purchase order as accepted by CFMI, which base price shall be subject to adjustment for escalation in
accordance with CFMI’s then-current escalation provisions. 

  
 5 

 ESCALATION FORMULA (4 INDICES) FOR 

CFM56 SPARE ENGINES AND MAJOR MODULES 

***** 
  

	I.	 The base price for Products purchased hereunder shall be adjusted pursuant to the provisions of this Exhibit.

  

	II.	 For purposes of this adjustment: 

 

	 	A.	 Base price shall be the price(s) set forth on the purchase order as accepted by CFMI. 

 

	 	B.	 The Composite Price Index (CPI) shall be deemed to mean the weighted average of the following four indices
prepared by the US Department of Labor. Bureau of Labor Statistics, as published at the time of the scheduled Product billing for the sixth month prior to the scheduled Product billing. 

 

	1.	 The Labor Index shall mean ***** to the second decimal place of the following ***** calculation:

 ***** 
  

	2.	 ***** 

  

	3.	 ***** 

  

	4.	 ***** 

  

	 	C.	 Each CPI shall be determined to the second decimal place. Calculation shall be to the third decimal digit and
if the third decimal digit is five or more, the second decimal digit shall be raised to the next higher figure. If the third decimal digit is less than five, the second decimal figure shall remain as calculated. 

 

	 	D.	 The Base Composite Price Index (*****) shall be the index stated in the published prices announced by CFM from
time to time. 

  

	III.	 Base prices shall be adjusted in accordance with the following formula: 

 

			
	 *****
	  	
		
	 *****
	  	
		
	 *****
	  	 *****

		
	 *****
	  	 *****

  
 6 

			
		
	 *****
	  	 *****

		
	 *****
	  	 *****

  

	IV.	 The invoice price shall be the final price and will not be subject to further adjustments in the indices. In no
event shall the invoice price be lower than the base price. 

  

	V.	 The ratio *****, shall be calculated to the fourth decimal digit. If the fourth decimal digit is five or more,
the third decimal digit shall be raised to the next higher figure, and if the fourth decimal digit is less than five, the third decimal figure shall remain as calculated. The resulting three digit decimal shall be used to calculate *****.

  

	VI.	 ***** 

  

	VII.	 Should the above provisions become null and void by action of the US Government, the billing for the Products
shall reflect changes in the costs of labor, material, commodities, and fuel which have occurred from the period represented by the applicable *****to the sixth month prior to scheduled billing date. 

  
 7 

 ATTACHMENT C 

 

	1.	 Allowance for Initial Aircraft Sale Only 

Any allowance described in this Letter Agreement No. 3 applies only to the new Additional 319 Aircraft and A320 Aircraft described in this
Letter Agreement No. 3 (together or individually the “Aircraft”) equipped with new CFM56-5B engines (together or individually the “Engines”) purchased by Airline directly
from the aircraft manufacturer. 
  

	2.	 Allowance Not Paid 

Allowances described in this Letter Agreement No. 3 will not be earned or paid with respect to Engines which have been delivered to the
aircraft manufacturer for installation in Airline’s Aircraft if, thereafter, for any reason, Airline’s purchase order with the aircraft manufacturer is terminated, canceled or revoked, or if delivery of the Aircraft will be prevented or
delayed beyond the expiration of the Delivery Period (as defined in Attachment A hereto). 
  

	3.	 Adjustment of Allowances 

The special allowance described in paragraph II of this Letter Agreement No. 3 is contingent upon Airline purchasing and accepting
delivery of a minimum of ***** Additional A319 Aircraft or Additional A320 Aircraft (as described in this Letter Agreement No. 3),) and purchasing and taking delivery from CFMI ***** spare CFM56-5B
engines (“Minimum Number”) for delivery during the Delivery Period. If Airline has canceled or otherwise failed to accept delivery of one or more of the required Minimum Number within the Delivery Period, the allowances will be
adjusted as follows: 
  

			
	 *****
	  	*****
		
	 *****
	  	*****

 Adjustment of allowances in accordance with the above formula may be made by CFMI prospectively to take into
account Aircraft or Spare Engine delays, and/or cancellations. In any case, Airline agrees to promptly reimburse CFMI for any allowance overpayments determined to have been made at the application of the adjustment formula set forth above *****.
Unless otherwise agreed by CFMI, no allowance shall be paid on Aircraft not accepted within the Delivery Period and such Aircraft shall not be counted for purposes of the adjustment formula set forth above. 

 

	4.	 Assignability of Allowance 

Any allowance described herein is exclusively for the benefit of Airline and is not assignable without CFMI’s written consent: provided
that Airline may assign such allowance, together with its other rights under this Letter Agreement No. 3 on the terms described in clause (i) of paragraph A of Article XVIII of the Agreement. 

  
 8 

	5.	 Set Off for Outstanding Balance 

CFMI shall be entitled, at all times, to set off any outstanding obligation and amounts that are due and owing from Airline to CFMI for CFMI
Aircraft Engines goods or services (whether or not in connection with this Letter Agreement No. 3 or the Agreement), against any amount payable by CFMI to Airline in connection with this Letter Agreement No. 3 or the Agreement. 

 

	6.	 Cancellation of Engines 

Airline recognizes that harm or damage will be sustained by CFMI if Airline places a purchase order for spare Engines or for Aircraft equipped
with installed Engines and subsequently cancels such purchase order (and such cancellation is not caused by acts (or failure to act) of Airbus or CFMI) or otherwise fails to accept delivery of the Engines or Aircraft when duly tendered. Within *****
of any such cancellation or failure to accept delivery occurs, Airline shall remit to CFMI, as liquidated damages, a cancellation charge equal to ***** of the Engine price, determined as of the date of scheduled Engine delivery to Airline or to the
aircraft manufacturer, whichever is applicable. 
 The parties acknowledge such cancellation charge to be a reasonable estimate of the harm
or damage to CFMI in such circumstances. 
 CFMI shall apply any progress payments or other deposits made to CFMI for any such Engine first
to the cancellation charge for such Engine and thereafter to any other amounts owed to CFMI hereunder. Progress payments held by CFMI in respect of any such Engine which are in excess of such amounts will be refunded to Airline. 

If CFMI fails to deliver a spare Engine in accordance with the terms of the Agreement or this Letter Agreement No. 3 within ***** after
the date upon which such spare Engine was scheduled to be delivered for any reason other than an Excusable Delay or a default or breach by Airline, Airline may terminate this Letter Agreement No. 3 with respect to such spare Engine and CFMI
shall promptly return any progress payments or other deposits made with respect to such Engine*****. In addition, Airline will retain all remedies available to it at law or in equity. 

 

	7.	 Delay of Engines 

In the event Airline delays the scheduled delivery date of a spare Engine, or causes the delay of the scheduled delivery date of an installed
Engine, for which CFMI has received a purchase order from the aircraft manufacturer or Airline, as appropriate, through no fault of CFMI or the aircraft manufacturer, for a period, or cumulative period, of more than *****, such delay shall be
considered a cancellation and the applicable provisions hereof regarding the effect of cancellation shall apply. 

  
 9 

 September 2003 

***** 
 GE Aircraft Engines 

One Neumann Way, MD F118 
 Cincinnati, Ohio 45215 

 

	RE:	 Letter Agreement No.3, dated August 1, 2003 by and between CFM International, Inc. and Frontier Airlines,
Inc. 

 Dear *****: 
 Per my email to you
today, enclosed is a signed copy of the above referenced Letter Agreement. We look forward to a prosperous relationship with GE Engines and CFMI. 
 If you
have any questions, don’t hesitate to give me a call. 
 Sincerely, 

***** 
 Corporate Financial Administrator 

Frontier Airlines Inc. 

  
 10EX-10.19(e)

	*****	 Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10).

 Such excluded information is not material and would likely cause competitive harm to the registrant if publicly
disclosed. 
 Exhibit 10.19(e) 

26 March 2004 
 LETTER AGREEMENT NO. 4 TO GTA 6-13616
 
 Frontier Airlines, Inc. 
 Frontier Center One 

7001 Tower Road 
 Denver, CO 80249-7312 

Gentlemen: 
 CFM International, Inc. (“CFM”) and
Frontier Airlines, Inc. (“Airline”‘) have entered into General Terms Agreement No. 6-13616 dated June 30, 2000 (the “Agreement”). The Agreement contains applicable terms and conditions governing the
sale by CFM and the purchase by Airline from CFM of CFM56 series Engines, Modules and Optional Equipment in support of Airline’s acquisition of new aircraft. 

WHEREAS, CFM and Airline have previously entered into Letter Agreements No’s. 1, 2 and 3 to document CFM and Airline’s agreements with regard to
CFM56-5B5/P and CFM56-5B8/P installed and spare Engines, and 
 WHEREAS, Airline now desires to purchase thrust upgrades for the CFM56-5B5/P Engine to the
CFM56-5B6/P thrust (including rating plugs and, if required, engine identification plates) (“Thrust Upgrades”) for the installed Engines (“Installed Engines”) on a total of ***** A319 aircraft
(“Aircraft”) and ***** spare Engines (“Spare Engines”) (Installed Engines and Spare Engines collectively called the “Engines”). 

NOW, THEREFORE, in consideration of the foregoing premises and of the mutual covenants and conditions contained herein, and other good and valuable
consideration, receipt of which is acknowledged and agreed, CFM and Airline agree as follows: 

	I.	 Thrust Upgrade Price and Conditions 

CFM offers Airline ***** Thrust Upgrades for the Engines. The full price of each Thrust Upgrade shall be *****) (“Base
Price”). This Base Price shall be subject to escalation from January 2004 to the month and year the purchase order for the Thrust Upgrade is placed directly to CFM. in accordance with Attachment A (“Escalated Price”).
Airline shall pay the Escalated Price for each Thrust Upgrade as set forth in this Letter Agreement. 
 The Thrust Upgrades for the Installed
Engines are to be applied to the following Aircraft: 
  

	 	•	 	 ***** Thrust Upgrades are for ***** A319 Aircraft already being operated by Airline. CFM shall invoice Airline
upon execution of this Letter Agreement No. 4 for an amount equal to ***** of the Escalated Price for each of these 16 Thrust Upgrades and payment of such invoice(s) shall be due ***** after the invoice date. 

 

	 	•	 	 ***** Thrust Upgrades are for ***** A319 Aircraft on order to be delivered in ***** pursuant to Letter Agreement
No. 3 to the Agreement. Delivery of such Thrust Upgrades shall be concurrent with the delivery of each Firm A319 Aircraft powered by the CFM56- 5B5/P Engine with Thrust Upgrades installed. As early as possible prior to the delivery of these
Thrust Upgrades, CFM shall invoice Airline for an amount equal to ***** of the Escalated Price for the Thrust Upgrades then being delivered and payment of such invoice(s) shall be due at the time of delivery. 

In addition, Airline will purchase ***** Thrust Upgrades for use on the Spare Engines. The price of these ***** Thrust Upgrades shall be *****
of the Escalated Price. Amounts paid by the Airline for Thrust Upgrades used on Spare Engines will be subject to adjustment per the Takeoff Utilization Levels schedule set forth below. CFM shall invoice Airline upon execution of this Letter
Agreement No. 4 an amount equal to ***** of the Escalated Price for the Thrust Upgrade for Airline’s existing ***** and payment of such invoice shall be due ***** after the invoice date. Delivery and payment of the Thrust Upgrade for the
spare CFM56- 5B5/P Engine to be purchased and delivered pursuant to Letter Agreement No. 1 of the Agreement shall be concurrent with the delivery of such Spare Engine. As soon as possible prior to the delivery of such Spare Engine, CFM shall
invoice Airline for an amount equal to ***** of the Escalated Price for the Thrust Upgrades then being delivered and payment of such invoice(s) shall be due at the time of delivery. 

The initial portion of the Escalated Price paid by Airline for the Thrust Upgrades being delivered pursuant to this Letter Agreement is
referred to herein as the “Initial Payment.” and any balance remaining thereafter, or after Airline has made additional payments with respect to a Thrust Upgrade pursuant to the Takeoff Utilization schedule described below, will be
referred to herein as the “Remaining Balance.” Airline will have the option, in its sole discretion, to purchase any or all Thrust Upgrades delivered to Airline pursuant to this Letter Agreement at any time by payment to CFM the
Remaining 

 
Balance of the Escalated Price for such Thrust Upgrade. CFM will transfer good, marketable title to Airline, free of all liens or encumbrances, for each Thrust Upgrade at the time Airline pays
the Remaining Balance for such Thrust Upgrade or title to a Thrust Upgrade is transferred to Airline in accordance with the automatic transfer of title provisions set forth below. 

Airline shall be responsible for obtaining any required approvals/changes from Airbus and the FAA. 

If title to a Thrust Upgrade has not transferred to Airline, and if Airline seeks to relinquish possession or control of such Engine on which a
Thrust Upgrade is installed (it being expressly understood that a sale/leaseback transaction involving an Engine will not be considered a relinquishment of possession or control by Airline) within the ***** period following delivery of the Thrust
Upgrade for such Engine, then Airline shall either (i) transfer the Thrust Upgrade to a CFM56-5B5/P engine still under Airline’s possession or control, or (ii) relinquish the use of the Thrust Upgrade and return the rating plugs for
such Aircraft to CFM prior to relinquishing possession or control of the Engine. If, however, Airline retains possession or control of any Engine for a ***** period following delivery of the Thrust Upgrade to be applied to such Engine, then, at the
end of such ***** period, CFM will transfer ownership of the Thrust Upgrade for such Engine to Airline at no additional charge. In the event that Airline retains possession and control of all Installed Engines for a ***** period following the
delivery of the Thrust Upgrade for such Installed Engines, then CFM will transfer ownership of the Thrust Upgrades applied to the ***** Spare Engines to Airline *****. 
  

			
	 *****
	  	
		  	*****
	 *****
	  	

 Thrust Upgrades are the property of CFM and are provided to Airline for Airline’s exclusive operation and
use. CFM represents and warrants that Airline will have the right of quiet enjoyment of the Thrust Upgrades until such time that the Thrust Upgrade is returned to CFM or title to the Thrust Upgrade is transferred to Airline in accordance with this
Letter Agreement. 
 Except for the payment terms set forth herein which shall apply to the purchase of the Thrust Upgrades, and which shall
supercede the Payment Terms set forth in Exhibit D Paragraph A of the Agreement, all other conditions set forth in the Agreement and Attachment A and Attachment B to Exhibit B of the Agreement shall be incorporated herein as if set out in full. 

Except as modified herein, the obligations set forth in this Letter Agreement No. 4 are in addition to the obligations set forth in the
Agreement. 

 This Letter Agreement is valid, unless withdrawn by CFM prior to acceptance by Airline, *****.

 Please indicate your agreement with the foregoing by signing the original and one (1) copy of this Letter Agreement No. 4 in the
space provided below. This Letter Agreement may be executed in counterparts each of which, when taken together, will be deemed to be a single, enforceable agreement between the parties. 

									
		 		 	Very truly yours,
			
	FRONTIER AIRLINES, INC.	 		 	CFM INTERNATIONAL, INC.
					
	By:	 	/s/ Paul H. Tate	 		 	By:	 	/s/ William R. Van Austen
					
	Typed Name:	 	Paul H. Tate	 		 	Typed Name:	 	William R. Van Austen
					
	Title:	 	Senior Vice President & CFO	 		 	Title:	 	G M Commercial Engine Transaction
		 	 	 		 		 	
		 	 	 		 		 	 
					
	Date:	 	March 26, 2004	 		 	Date:	 	26, March 2004

 ATTACHMENT A 

ESCALATION FORMULA (4 INDICES) 

FOR CFM56 SPARE ENGINES AND THRUST UPGRADES 

***** 
  

	I.	 The base price for Products purchased hereunder shall be adjusted pursuant to the provisions of this Exhibit.

  

	II.	 For purposes of this adjustment: 

 

	 	A.	 Base price shall be the price(s) set forth on the purchase order as accepted by CFMI. 

 

	 	B.	 The Composite Price Index (CPI) shall be deemed to mean the weighted average of the following four indices
prepared by the US Department of Labor, Bureau of Labor Statistics, as published at the time of the scheduled Product billing for the sixth month prior to the scheduled Product billing. 

 

	 	1.	 The Labor Index shall mean ***** to the second decimal place of the following ***** calculation:

 ***** 
  

	 	2.	 ***** 

  

	 	3.	 ***** 

  

	 	4.	 ***** 

  

	 	C.	 Each CPI shall be determined to the second decimal place. Calculation shall be to the third decimal digit and
if the third decimal digit is five or more, the second decimal digit shall be raised to the next higher figure. If the third decimal digit is less than five, the second decimal figure shall remain as calculated. 

 

	 	D.	 The Base Composite Price Index (*****) shall be the index stated in the published prices announced by CFM from
time to time. 

  

	III.	 Base prices shall be adjusted in accordance with the following formula: 

 

			
	 *****
	  	
		
	 *****
	  	
		
	 *****
	  	 *****

  
 6 

			
		
	 *****
	  	 *****

		
	 *****
	  	 *****

		
	 *****
	  	 *****

  

	IV.	 The invoice price shall be the final price and will not be subject to further adjustments in the indices. In no
event shall the invoice price be lower than the base price. 

  

	V.	 The ratio ***** shall be calculated to the fourth decimal digit. If the fourth decimal digit is five or more,
the third decimal digit shall be raised to the next higher figure, and if the fourth decimal digit is less than five, the third decimal figure shall remain as calculated. The resulting three digit decimal shall be used to calculate *****.

  

	VI.	 ***** 

  

	VII.	 Should the above provisions become null and void by action of the US Government, the billing for the Products
shall reflect changes in the costs of labor, material, commodities, and fuel which have occurred from the period represented by the applicable ***** to the ***** to scheduled billing date. 

  
 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00323-of-00352.parquet"}]]