Document:

Buyback Agreement No. 3216, to One (1) Airbus A318-100 Aircraft MSN 3216

 Exhibit 4.25 
 DATED                  
 LAN AIRLINES S.A. 
 as the Seller 

and 
 AIRBUS
FINANCIAL SERVICES 
 as the Buyer 
  

 
 BUYBACK
AGREEMENT 
 relating to 
 ONE (1) AIRBUS A318-100 AIRCRAFT MSN 3216 
  

 
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

 CONTENTS 

 

							
	Clause	  	Page	 
			
	 1.
	  	 Definitions
	  	 	1	  
			
	 2.
	  	 Interpretation
	  	 	1	  
			
	 3.
	  	 Representations And Warranties
	  	 	1	  
			
	 4.
	  	 Agreement To Sell And Purchase
	  	 	2	  
			
	 5.
	  	 Conditions Precedent
	  	 	2	  
			
	 6.
	  	 Payments
	  	 	3	  
			
	 7.
	  	 Delivery Procedure And Acceptance
	  	 	5	  
			
	 8.
	  	 Total Loss
	  	 	6	  
			
	 9.
	  	 Condition Of Aircraft
	  	 	7	  
			
	 10.
	  	 Operational Indemnities
	  	 	7	  
			
	 11.
	  	 Taxes
	  	 	10	  
			
	 12.
	  	 Liability Insurance
	  	 	10	  
			
	 13.
	  	 Manufacturer’s Warranties
	  	 	10	  
			
	 14.
	  	 Benefit Of Agreement
	  	 	11	  
			
	 15.
	  	 Waiver
	  	 	11	  
			
	 16.
	  	 Notices
	  	 	11	  
			
	 17.
	  	 Law And Jurisdiction
	  	 	11	  
			
	 18.
	  	 Miscellaneous
	  	 	12	  
			
	 19.
	  	 Confidentiality
	  	 	13	  
		
	 Schedule 1
	  	 	15	  
		
	 Definitions
	  	 	15	  
		
	 Schedule 2
	  	 	17	  
		
	 Seller Representations And Warranties
	  	 	17	  
		
	 Schedule 3
	  	 	18	  
		
	 Buyer Representations And Warranties
	  	 	18	  
		
	 Schedule 4
	  	 	19	  
		
	 Seller Conditions Precedent
	  	 	19	  
		
	 Schedule 5
	  	 	21	  
		
	 Buyer Conditions Precedent
	  	 	21	  
		
	 Schedule 6
	  	 	23	  
		
	 Bill Of Sale
	  	 	23	  
		
	 Deed Of Covenant
	  	 	24	  

							
	 Schedule 7
	  	 	27	  
		
	 Schedule 8
	  	 	28	  
		
	 Schedule 9
	  	 	31	  
		
	 EXECUTION PAGE – A318 BUYBACK AGREEMENT
(MSN 3216)
	  	 	36	  

 This BUYBACK AGREEMENT is made on      day of
                     2011 
 BETWEEN:

  

	1.	LAN AIRLINES S.A., a sociedad anónima existing under the laws of Chile, having its registered office at Avenida Presidente Riesco 5711, 19th Floor,
Las Condes, Santiago, Chile (the Seller); and 

  

	2.	AIRBUS FINANCIAL SERVICES, a company incorporated under the laws of Ireland whose registered office is at 5th Floor, 6 George’s Dock, IFSC, Dublin 1,
Ireland (the Buyer). 

 WHEREAS: 
 The Seller has agreed to sell or, as the case may be, procure that the Owner sells the Aircraft to the Buyer and the Buyer has agreed to purchase the Aircraft from the Seller or, as the case may be, the
Owner on the terms and conditions set out herein. 
 IT IS AGREED as follows: 

 

	1.	DEFINITIONS 

 In this
Agreement, capitalised words and expressions have the meanings given to them in Schedule 1 except as otherwise provided for herein. Capitalised terms and expressions used in this Agreement and not specifically defined herein shall have the meanings
given to such terms and expressions in the Buyback Support Agreement. 
  

	2.	INTERPRETATION 

 In this
Agreement, unless the contrary intention is stated, a reference to: 
  

	2.1	each of the Seller, the Owner and the Buyer or any other person includes, without prejudice to the provisions of this Agreement restricting transfer or assignment, any
successor, assignee or transferee; 

  

	2.2	words importing the plural shall include the singular and vice versa; 

  

	2.3	any document shall include that document as amended, novated, assigned or supplemented; 

 

	2.4	a clause or a Schedule is a reference to a clause of or a schedule to this Agreement; and 

 

	2.5	any law, or to any specified provision of any law, is a reference to such law or provision as amended, substituted or re-enacted. 

 

	2.6	Clause or schedule headings are for ease of reference only and shall not modify, define, expand or limit any of the terms or provisions of this Agreement.

  

	3.	REPRESENTATIONS AND WARRANTIES 

  

	3.1	Seller Representations and Warranties 

 The Seller represents and warrants to the Buyer on the terms set out in Schedule 2. The representations and warranties in Schedule 2 will survive the execution of this Agreement and will be deemed to be
repeated by the Seller on the date hereof and on the Delivery Date with reference to the facts and circumstances then existing. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 1 

	3.2	Buyer’s Representations and Warranties 

 The Buyer represents and warrants to the Seller on the terms set out in Schedule 3. The representations and warranties in Schedule 3 will survive the execution of this Agreement and will be deemed to be
repeated by the Buyer on the date hereof and on the Delivery Date with reference to the facts and circumstances then existing. 
  

	3.3	No Prejudice 

 The rights
of the Buyer and the Seller in relation to any misrepresentation or breach of warranty by the Buyer or, as the case may be, the Seller shall not be prejudiced by any investigation by or on behalf of the Buyer or, as the case may be, the Seller into
the affairs of such other party. 
  

	4.	AGREEMENT TO SELL AND PURCHASE 

 Subject to the provisions of this Agreement, the Seller agrees to procure that the Owner sells the Aircraft to the Buyer and the Buyer agrees to purchase the Aircraft from the Owner in an as
is, where is condition in its actual state and without any warranty as to condition from the Seller or the Owner. 
  

	5.	CONDITIONS PRECEDENT 

  

	5.1	Seller Conditions Precedent 

  

	 	5.1.1	The obligation of the Seller to sell or, as the case may be, to procure that the Owner sells the Aircraft shall be subject to fulfilment of the Seller Conditions
Precedent set out in Schedule 4, on or prior to the date for fulfilment of such Seller Conditions Precedent (except to the extent that the Seller agrees in writing in its absolute discretion to waive or defer any such condition).

  

	 	5.1.2	The Seller Conditions Precedent have been inserted for the benefit of the Seller and may be waived in writing, in whole or in part and with or without conditions, by
the Seller without prejudicing the right of the Seller to receive fulfilment of such conditions, in whole or in part, at any time thereafter. 

  

	5.2	Buyer Conditions Precedent 

  

	 	5.2.1	The obligation of the Buyer to purchase the Aircraft shall be subject to fulfilment of the Buyer Conditions Precedent set out in Schedule 5, on or prior to the date for
fulfilment of such Buyer Conditions Precedent (except to the extent that the Buyer agrees in writing in its absolute discretion to waive or defer any such condition). 

 

	 	5.2.2	The Buyer Conditions Precedent have been inserted for the benefit of the Buyer and may be waived in writing, in whole or in part and with or without conditions, by the
Buyer without prejudicing the right of the Buyer to receive fulfilment of such conditions, in whole or in part, at any time thereafter. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 2 

	5.3	Non-fulfilment of Conditions Precedent 

 Subject to the grace periods set out in Schedule 4 and Schedule 5, if any of the Conditions Precedent remain outstanding as at the Scheduled Delivery Date (subject to the expiration of any applicable
grace periods set out in such Schedules) and are not either satisfied or irrevocably waived or deferred in writing by the Seller or, as the case may be, the Buyer, the Seller (in the case of the non-fulfilment of a Seller Condition Precedent) or the
Buyer (in the case of the non-fulfilment of a Buyer Condition Precedent) shall by notice to the other party be entitled to terminate its obligation to sell or, as the case may be, purchase the Aircraft. The Buyer and the Seller acknowledge that,
pursuant to and in accordance with the terms set out in the Buyback Support Agreement, an Aircraft may be replaced with a Substitute Aircraft (as defined in the Buyback Support Agreement) and, if any such substitution were to occur, the
abovementioned Conditions Precedent shall be deemed to apply to the Substitute Aircraft in place of the Aircraft. 
  

	5.4	Effective Time 

 The Buyer
and the Seller each agree that neither party shall have any obligation to perform any of its respective obligations under this Agreement unless and until each of the following conditions are satisfied to the Buyer’s satisfaction: 

 

	 	5.4.1	the Aircraft is physically located outside of Chile; 

  

	 	5.4.2	the Seller has deregistered the Aircraft from the Chilean aviation authority’s (the DGAC) register of civil aircraft and the Buyer has received a copy of
the de-registration telex to be sent by the DGAC to the Brazilian aviation authority confirming that the Aircraft has been de-registered; and 

  

	 	5.4.3	the Seller has provided to the Buyer a certified copy of the letter provided by the Seller to the relevant Chilean customs authority (attaching a copy of the
de-registration telex referred to above) duly stamped by such relevant Chilean customs authority in confirmation of its acceptance of the terms set out therein. 

 Upon the satisfaction of each of the above, the Buyer shall confirm the same to the Seller and thereafter the acceptance, delivery and transfer of title to the Aircraft shall thereafter take place in
accordance with the terms and conditions set out in Clause 7 below. 
  

	6.	PAYMENTS 

  

	6.1	Purchase Price 

 The gross
purchase price for the Aircraft shall be [***]) (the Gross Purchase Price). The Gross Purchase Price less the Aggregate Reduction (if any) shall be the Net Purchase Price. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 3 

	6.2	Delivery Date Payment 

Subject to the satisfaction of the Buyer Conditions Precedent and the terms of this Agreement, the Buyer shall pay the Net Purchase Price
to the Seller in accordance with the provisions of Clause 6.3. 
  

	6.3	Payment of Net Purchase Price 

  

	 	6.3.1	The Buyer shall pay in immediately available funds by wire transfer: 

  

	 	(a)	an initial payment equal to the aggregate of: (i) thirteen million US Dollars (US$13,000,000); less (ii) an amount equal to fifty per cent. (50%) of the
Aggregate Reduction, for value on or before the Delivery Date; 

  

	 	(b)	on the date falling one (1) year after the Delivery Date, a balancing payment equal to the aggregate of: (i) ten million US Dollars (US$10,000,000); less
(ii) an amount equal to fifty per cent. (50%) of the Aggregate Reduction; and 

  

	 	(c)	on the date falling one (1) year after the Delivery Date, interest (in recognition of the payment terms) on the aggregate amount set out in (b) above
calculated at a rate of one (1) year US Dollar LIBOR plus two percent 2% per annum. 

  

	 	6.3.2	The payment due under Clause 6.3.1(a) shall be made (and shall not be considered to have been made) until it is credited to the following account:

  

			
	Beneficiary:	  	LAN Cargo S.A.
	Account Number:	  	36132267
	Bank:	  	Citibank N.A.
	Address:	  	Wall Street - New York, NY 10043
	ABA Code:	  	021000089
	SWIFT:	  	CITIUS33

 The payments due under Clauses 6.3.1(b) and 6.3.1(c) shall be made to an account to be notified by the
Seller to the Buyer no later than the date falling eleven (11) months after the Delivery Date; provided that, any such account designated by the Seller shall not give rise to any obligation on the Buyer to make any withholding or deduction (or,
as the case may be, any other Tax liability) in respect of such payments. 
  

	 	6.3.3	Without prejudice to provisions of Clause 6.3.2 above, the payments due under Clauses 6.3.1(b) and 6.3.1(c) shall be equal to the full amounts expressed to be due
thereunder and shall be made in full without any deduction or withholding in respect of Taxes. In the event that any such payments becomes subject to a withholding (or any other such applicable deduction), Airbus and LAN will consult with each other
and cooperate in good faith in order to restructure such payments or make any such modifications to the transactions described in this Agreement or the relevant Buyback Documents which would mitigate the effect of or eliminate such withholding or
deduction; provided that any such restructuring or modifications shall be at no cost to the Seller nor result in any of its rights or obligations under this Agreement being adversely affected. If the Buyer is compelled by law to make any such
deduction or withholding, the Buyer shall pay such additional amounts as may be necessary in order that the net amount received by the Seller after such deduction or withholding shall equal the amounts which would have been received in the absence
of such deduction or withholding. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 4 

	6.4	Payment Account Direction 

The Seller covenants with the Buyer that: 
  

	 	6.4.1	the payment by the Buyer of the Net Purchase Price to the abovementioned account of LAN Cargo S.A. in accordance with the direction of the Seller set out in Clause 6.3
above shall be in full and final settlement of the obligation of the Buyer to pay the Net Purchase Price to the Seller under this Agreement; and 

  

	 	6.4.2	the Seller shall indemnify and hold the Buyer harmless on an after-tax basis in respect of any and all Losses or Taxes imposed on, incurred by or asserted against the
Buyer (regardless of when the same are incurred) in any way arising out of or connected in any way with the Buyer’s payment of the Net Purchase Price to LAN Cargo S.A. but only to the extent that any such Loss or Tax (or any increase in any
such Loss or Tax) would not have been imposed upon, incurred by or asserted against the Buyer had the payment of the Net Purchase Price been made by the Buyer to an account of the Seller. 

 

	7.	DELIVERY PROCEDURE AND ACCEPTANCE 

  

	7.1	Delivery Conditions 

 The
Buyer’s obligation to purchase the Aircraft is conditional upon, amongst other things, the Aircraft complying on the Delivery Date with the Delivery Conditions set out in Schedule 9. 

 

	7.2	Inspection and Delivery Procedures 

 The Buyer (and its designated representatives) shall be entitled to inspect the Aircraft and the Aircraft Documents for the purposes of confirming that the Aircraft meets the Delivery Conditions (the
Inspection). The Inspection and Delivery procedures are set out in Schedule 8. 
  

	7.3	Delivery 

 The Seller
shall, subject to the satisfaction of the Seller Conditions Precedent, tender the Aircraft (or procure that the Aircraft is tendered) for Delivery to the Buyer in the Delivery Condition but otherwise in an as is, where is condition in
its actual state and without any warranty at the Delivery Location on the Delivery Date. The Buyer shall, subject to the satisfaction of the Buyer Conditions Precedent, be obligated to accept delivery of the Aircraft when tendered for delivery in
accordance with the terms of this Agreement. 
  

	7.4	Acceptance 

 Subject to
the satisfaction (or waiver by the Buyer) of the Buyer Conditions Precedent set out in Schedule 5, the Buyer shall on the Delivery Date accept delivery of the Aircraft by executing and delivering the Acceptance Certificate to the Seller, which shall
be conclusive evidence of the matters stated therein. 
  

	7.5	Transfer of Title 

 Upon:

  

	 	(a)	delivery to the Seller of the Acceptance Certificate duly executed by the Buyer; and 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 5 

	 	(b)	receipt or waiver by the Seller of the Seller Conditions Precedent set out in Schedule 4, 

the Seller shall procure that the Owner passes title to the Aircraft to the Buyer by delivering the Bill of Sale to the Buyer and the
Seller shall, pursuant to and in accordance with the terms and conditions set out in the Deed of Covenant, represent, warrant and covenant to the Buyer that, amongst other things, the full legal and beneficial title to the Aircraft, with full title
guarantee, has been conveyed to the Buyer free and clear of all Liens. 
  

	7.6	Risk Passing 

 Risk of
loss or destruction of the Aircraft or damage to the Aircraft shall pass to the Buyer upon Delivery. 
  

	8.	TOTAL LOSS 

  

	8.1	If before the Scheduled Delivery Date the Aircraft suffers a Total Loss the Seller shall, upon being notified of the Total Loss, notify the Buyer in writing thereof as
soon as is reasonably practicable thereafter and, with effect from the date such Total Loss is notified to the Buyer, this Agreement shall terminate and thereafter neither party shall have any further obligation or liability to the other under this
Agreement and the rights and obligations of the parties hereunder shall cease and be discharged without further liability on the part of the Seller or the Buyer. 

 

	8.2	Without prejudice to the obligation of the Seller to tender the Aircraft in the Delivery Condition on the Scheduled Delivery Date in accordance with the terms set out
herein (subject to the grace period set out in Schedule 5), if on or before the Scheduled Delivery Date: (i) any of the events described in paragraph (d) of the definition of Total Loss shall have occurred; or (ii) an event or
circumstance shall have occurred which could be reasonably be expected to result in a constructive, compromised or arranged total loss as contemplated by paragraph (a) of the definition of Total Loss and, the event referred to in part
(i) or the event or circumstance referred to in part (ii) is or may be continuing on the Scheduled Delivery Date, then the Seller shall notify the Buyer in writing accordingly as soon as reasonably practicable, and:

  

	 	8.2.1	in relation to part (i) above, upon the first to occur after the Scheduled Delivery Date of: (x) the cessation of the event in question; and (y) the
Aircraft becoming a Total Loss, then, with regard to the case described in (x), the Scheduled Delivery Date shall be deferred until sixty (60) days after such cessation or, with regard to the case described in (y), Clause 8.1 will apply; and

  

	 	8.2.2	in relation to part (ii) above, upon the first to occur after the Scheduled Delivery Date of: (x) a declaration by insurers that the Aircraft is not a Total
Loss; (y) the expiration of sixty (60) days after the occurrence of any such event or circumstance (provided that, under no circumstances shall any such period extend beyond the sixty (60) day or, as the case may be, one hundred
twenty (120) day grace period extended with respect to the Aircraft’s compliance with the Delivery Conditions set out in Schedule 5); and (z) the Aircraft becoming a Total Loss, then, if either of the cases described in (x) or
(y) is the first to occur, Clause 6.1.1(a) of the Buyback Support Agreement shall apply or, if the case described in (z) is the first to occur, Clause 8.1 will apply. 

 

	8.3	 In the event that Clause 8.2.1(x) applies, the Seller shall be entitled to exercise the LAN Substitution Right (pursuant to and in accordance with
Clause 14 of the Buyback Support Agreement) within ten (10) days after the Scheduled Delivery Date, provided 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 6 

	 	
that, at the time of such exercise, no more than twenty (20) days shall have elapsed since the occurrence of the events or circumstances described in paragraph (d) of the definition of
Total Loss. 

  

	9.	CONDITION OF AIRCRAFT 

  

	9.1	Disclaimers 

 SUBJECT
ALWAYS TO THE TERMS AND CONDITIONS SET OUT IN THIS AGREEMENT, THE BUYER AGREES THAT AS BETWEEN THE BUYER AND THE SELLER THE AIRCRAFT AND EACH PART THEREOF IS TO BE SOLD AND PURCHASED IN AN AS IS, WHERE IS CONDITION AS AT THE DELIVERY DATE, AND,
EXCEPT AS EXPRESSLY SET OUT IN THIS AGREEMENT AND THE OTHER BUYBACK DOCUMENTS, NO TERM, CONDITION, WARRANTY, REPRESENTATION OR COVENANT OF ANY KIND, EXPRESSED OR IMPLIED, STATUTORY OR OTHERWISE HAS BEEN GIVEN BY THE SELLER OR ITS AGENTS IN RESPECT
OF THE AIRWORTHINESS, VALUE, QUALITY, DURABILITY, CONDITION, DESIGN, OPERATION, DESCRIPTION, MERCHANTABILITY OR FITNESS FOR USE OR PURPOSE OF THE AIRCRAFT OR ANY PART THEREOF, AS TO THE ABSENCE OF LATENT, INHERENT OR OTHER DEFECTS (WHETHER OR NOT
DISCOVERABLE), AS TO THE COMPLETENESS OR CONDITION OF THE TECHNICAL RECORDS, OR AS TO THE ABSENCE OF ANY INFRINGEMENT OF ANY PATENT, COPYRIGHT, DESIGN, OR OTHER PROPRIETARY RIGHTS; AND, EXCEPT AS EXPRESSLY SET OUT IN THIS AGREEMENT AND THE OTHER
BUYBACK DOCUMENTS, ALL CONDITIONS, WARRANTIES AND REPRESENTATIONS (OR OBLIGATION OR LIABILITY, IN CONTRACT OR IN TORT) IN RELATION TO ANY OF THOSE MATTERS, EXPRESSED OR IMPLIED, STATUTORY OR OTHERWISE, ARE EXPRESSLY EXCLUDED. 

 

	9.2	Waiver 

 THE BUYER HEREBY
WAIVES, AS BETWEEN ITSELF (ON THE ONE HAND) AND THE SELLER (ON THE OTHER HAND), ALL OF ITS RIGHTS IN RESPECT OF ANY WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED STATUTORY OR OTHERWISE, ON THE PART OF THE SELLER AND ALL CLAIMS AGAINST THE SELLER
HOWSOEVER AND WHENEVER ARISING AT ANY TIME IN RESPECT OF OR OUT OF THE OPERATION OR PERFORMANCE OF THE AIRCRAFT, THIS AGREEMENT OR THE OTHER BUYBACK DOCUMENTS, PROVIDED ALWAYS THAT THIS WAIVER SHALL NOT APPLY TO THE EXPRESS WARRANTIES AND
REPRESENTATIONS GIVEN BY THE SELLER TO THE BUYER IN ANY OF THE BUYBACK DOCUMENTS. 
  

	10.	OPERATIONAL INDEMNITIES 

  

	10.1	The Seller will indemnify and hold harmless on an after-tax basis each of the Indemnitees in respect of any and all Losses imposed on, incurred by or asserted against
any such Indemnitees (regardless of when the same are incurred) in any way arising out of or connected in any way with the purchase, ownership, possession, registration, de-registration, transportation, management, sale, control, inspection, use or
operation, condition, delivery, acceptance, maintenance, repair, service, modification, overhaul, removal of the Aircraft, or any loss of or damage to the Aircraft or relating to loss or destruction of or damage to any property, or death or injury
to any person caused by, relating to or arising from or out of (in each case whether directly or indirectly) any of the foregoing matters or any Losses which constitute Taxes (regardless of when imposed) which arise out of any act, omission, event
or circumstance occurring in relation to the Aircraft prior to Delivery; other than: 

  

	 	(i)	Losses resulting from the gross negligence or wilful misconduct of such Indemnitees; or 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 7 

	 	(ii)	to the extent that such Losses arise out of any act, omission, event or circumstance occurring after Delivery; or 

 

	 	(iii)	any Losses which constitute Taxes which arise as the result of, or are imposed in respect of, the sale of the Aircraft by the Seller to the Buyer in accordance with
this Agreement; or 

  

	 	(iv)	Losses which represent an operating or internal overhead expense except to the extent that the same arise as a consequence of a breach by the Seller of any of its
obligations under the Buyback Documents; or 

  

	 	(v)	Losses which are the result of a breach by the Buyer of its obligations under the Buyback Documents or, as the case may be, by Airbus S.A.S. of its obligations under
the Buyback Support Agreement; or 

  

	 	(vi)	any costs or expenses which the Buyer (or any Indemnitee) has expressly agreed to assume pursuant to this Agreement or any applicable Buyback Document; or

  

	 	(vii)	Losses which arise out of any product liability claim. 

  

	10.2	The Buyer agrees to use its reasonable efforts to obtain the subsequent operator of the Aircraft’s agreement to indemnify and hold the Indemnitees harmless in
respect of any Losses imposed on, incurred by or asserted against any such Indemnitees in any way arising out of or connected in any way with the acts, omissions events or circumstances referred to in Clause 10.1 above in any operational indemnity
given to the Buyer by any such subsequent operator and, if the agreement of the subsequent operator is so obtained, the indemnity in Clause 10.1 shall, to the extent of such operator’s indemnity, cease to apply. 

 

	10.3	The Buyer agrees to notify the Seller in writing reasonably promptly upon becoming aware of a claim by an Indemnitee for indemnification from the Seller pursuant to
Clause 10.1 (a Claim); provided that, the Seller shall not be required to indemnify any Indemnitee in respect of any increase in any Claim to the extent that any such increase arises solely and directly as a result of the Buyer’s failure
to give the Seller reasonably prompt written notice of any such Claim. 

  

	10.4	Without prejudice to the underlying obligation of the Seller to indemnify any such Indemnitee(s) in accordance with Clause 10.1 in respect of any such Claim, the Buyer
agrees that: 

  

	 	10.4.1	commencing on the date the Claim is notified to the Seller, the Seller’s obligation to pay to the relevant Indemnitee(s) the full amount of the Claim shall be
stayed for a period of ten (10) Business Days (or such longer period as the relevant Indemnitee(s) may agree, acting reasonably) (a Standstill Period) in order to allow the Seller the opportunity to evaluate the Claim and to decide
whether or not it wishes to contest its validity or, as the case may be, the amount claimed thereunder (a Contest) and so that the Seller and the Buyer (acting on behalf of any relevant Indemnitee(s)) may consult with each other in order to
determine what action (if any) may be reasonably be taken in order to avoid or mitigate such Claim; 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 8 

	 	10.4.2	if the Buyer and the Seller cannot agree on a course of action as regards any such Contest, the Seller shall be entitled (acting at all times reasonably and in good
faith) to procure a legal opinion (or, as the case may be, an opinion of another relevant expert having regard to the nature of the Claim) from a suitably qualified expert with a view to confirming that a reasonable basis exists for any such Contest
and the actions recommended to be undertaken in order to properly conduct any such Contest. If the opinion of the relevant expert confirms that there does not exist a reasonable basis for any such Contest, the Seller shall promptly pay to the
relevant Indemnitee(s) the full amount owed by the Seller pursuant to Clause 10.1; 

  

	 	10.4.3	if the Seller’s appointed expert has confirmed in its opinion that it is necessary for the Seller to take action in the name of the relevant Indemnitee(s), the
Buyer (acting on the instructions of such Indemnitee(s)) shall be entitled to request that the Buyer and the Seller instruct an independent expert (the costs thereof to be shared equally between the Buyer and the Seller) to evaluate the
Contest’s prospects of success and/or actions recommended to be undertaken in the name of the relevant Indemnitee(s) in order to properly conduct any such Contest. If the independent expert confirms that: (i) there does not exist a
reasonable basis for any such Contest; and/or (ii) that it is necessary that any action be taken in the name of any Indemnitee, the Seller shall, with regard to (i), promptly pay to the relevant Indemnitee(s) the full amount owed by the Seller
pursuant to Clause 10.1 or, with regard to (ii), proceed to take any action in the name of the relevant Indemnitee as recommended by such independent expert; 

 

	 	10.4.4	following the receipt of any positive opinion of the Seller’s expert pursuant to Clause 10.4.2 or, as the case may be, of the independent expert appointed pursuant
to Clause 10.4.3 above, the Seller may proceed to take, at its sole cost and expense, any action(s) as may have been recommended thereunder; provided that: 

 

	 	(a)	no Termination Event has occurred and is continuing; and/or 

  

	 	(b)	the relevant Indemnitee(s) shall have received the full amount to be indemnified pursuant to Clause 10.1 or, if agreed by such Indemnitee(s), adequate reserves,
satisfactory to such Indemnitee(s), shall have been made in respect of the Claim and the costs thereof; and/or 

  

	 	(c)	taking of any such action (or, as the case may be, the entitlement to continue to take any such action) would not be deemed by the relevant Indemnitee(s) to be
prejudicial to the relevant Indemnitee(s) position as regards the Claim or otherwise would not be likely to have any adverse effect upon the relevant Indemnitee(s)’s reputation, business, operations or financial condition (other than any minor
costs and expenses of an administrative nature). 

  

	10.5	Subject to the relevant Indemnitee(s) having received from the Seller the full amount required to indemnify and hold such Indemnitee(s) harmless with regards to any
Claim, the Buyer agrees to procure that the relevant Indemnitee(s) take(s) such steps (at no cost to the Buyer or to such Indemnitee(s)) as may be reasonably requested by the Seller so as to enable the Seller to be subrogated to the rights of such
relevant Indemnitee(s) in respect of such Claim. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 9 

	11.	TAXES 

 The parties will
use all reasonable endeavours to mitigate or avoid any Taxes which arise as a result of the sale of the Aircraft by (or otherwise procured by) the Seller to the Buyer in accordance with this Agreement and the Seller and the Buyer shall each
co-operate with the other in good faith and take such steps as are reasonably practicable in respect thereof; provided that, the cost of any such mitigation or avoidance action shall be borne by the party requesting the same and that any such steps
contemplated above shall not result in any of the rights or obligations of the non-requesting party under this Agreement being adversely affected. 
  

	12.	LIABILITY INSURANCE 

 The
Buyer shall maintain or procure that liability insurance is maintained in respect of the Aircraft during the period commencing on the Delivery Date and ending on the earlier of: (i) the completion of the next zonal/structural inspection (due at
either 6 years or 12 years); and (ii) the second anniversary of the Delivery Date. On the Delivery Date and on the occasion of each renewal of such liability insurance, the Buyer shall provide (or procure that the then current operator
provides) a certificate issued by the insurance broker of the then current operator which includes the following: 
  

	 	(a)	the Seller, the Owner (if applicable) (and their respective directors, officers, employees and agents) as additional named assureds on the passenger, third party,
cargo, baggage and mail liability policies which shall have a combined single limit of liability of not less than the lesser of: (a) the level of coverage maintained by the Seller as at the Delivery Date; and (b) the level of coverage
maintained by prudent operators of single-aisle aircraft in the region within which such next operator of the Aircraft operates; 

  

	 	(b)	an appropriate cross liabilities clause and breach of warranty protection in favour of such additional named assureds; 

 

	 	(c)	a provision confirming that the hull insurers waive any subrogation rights against such additional named assureds; and 

 

	 	(d)	a provision confirming that the Seller is to be given at least thirty (30) days (or such lesser period as may be stipulated by the insurers of such subsequent
operator in respect of war risks coverage) notice of cancellation, termination or material alteration, 

 provided
always that; requirements set out in sub-Clauses (a) through (d) are not inconsistent with the prevailing practice in the London international aviation insurance market as at the Delivery Date or on the occasion of each renewal. If there
is a inconsistency between the requirements of any of sub-Clauses (a) through (d) above and such prevailing practice, then the provision of a certificate complying with such prevailing practice shall satisfy the Buyer’s obligations
set out in this Clause 12. 
  

	13.	MANUFACTURER’S WARRANTIES 

 The Seller hereby agrees to: (i) assign to the Buyer any warranties of any manufacturer or vendor of any part of the Aircraft; and (ii) procure (at no cost to the Seller) that the Buyer receives
the benefit of any non-assignable warranties of any manufacturer or vendor of any part of the Aircraft which may exist as at Delivery in respect of any claim arising under any such warranties. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 10 

	14.	BENEFIT OF AGREEMENT 

Neither party shall assign, transfer, novate or otherwise dispose of any of its rights or obligations under this Agreement without the
prior written consent of the other party. 
  

	15.	WAIVER 

  

	15.1	The failure of either party to enforce at any time any of the provisions of this Agreement, or to exercise any option herein provided, or to require at any time
performance by the other party of any of the provisions herein, shall in no way be construed to be a present or future waiver of such provision nor in any way affect the validity of this Agreement or any part thereof or the right of the other party
thereafter to enforce each and every such provision. 

  

	15.2	The express waiver (whether made one (1) or several times) by any party of any provision, condition or requirement of this Agreement shall not constitute a waiver
of any future obligation to comply with such provision, condition or requirement. 

  

	15.3	The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by applicable law.

  

	16.	NOTICES 

 All notices and
requests required or authorized hereunder shall be given in writing either by personal delivery to an authorized representative of the party to whom the same is given or by registered mail (return receipt requested) and the date upon which any such
notice or request is so personally delivered or if such notice or request is given by registered mail, the date upon which it is received by the addressee, provided that if such date of receipt is not a Business Day notice shall be deemed to have
been received on the first following Business Day, shall be deemed to be the effective date of such notice or request. A copy of any notice issued by either party pursuant to this Clause 16 shall also be sent by e-mail to the addresses set out
below. 
 The Buyer’s address for notices is: 
 Airbus Financial Services 
 5th Floor, 6 George’s Dock, IFSC, Dublin 1, Ireland 

 

			
	Attention:	  	Managing Director
	E-mail:	  	afscontracts@airbus.com

 The Seller’s address for notices is: 

LAN Airlines S.A. 

Avenida Presidente Riesco 5711, 19th Floor, Las Condes, Santiago, Chile 

 

			
	Attention:	  	Fleet Management Director
	E-mail:	  	oscar.aguayo@lan.com

 or such other address or such other person as the party receiving the notice or request may reasonably
designate from time to time. 
  

	17.	LAW AND JURISDICTION 

  

	17.1	This Agreement shall be governed by and construed in accordance with English law. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 11 

	17.2	The Buyer and the Seller each hereby agrees that the courts of England shall have the non-exclusive jurisdiction to hear and determine any suit, action or proceeding
and to settle any disputes, which may arise out of or in connection with this Agreement. 

  

	17.3	As a foreign company that has, pursuant to the Overseas Companies Regulations 2009 (the “Overseas Regulations”) (registration number FC029342),
registered in the United Kingdom as having a “UK establishment”, in accordance with the Companies Act 2006 and the Overseas Regulations the Seller irrevocably appoints as its agent for service of process in relation to any
proceedings before the English courts in connection with this Agreement the person from time to time appointed by the Seller as its agent for service of process in the United Kingdom pursuant to the Companies Act 2006 (such agent being as of the
date of this Agreement Mr. Gonzalo Garcia of Iberia House, 10 Hammersmith Broadway, London W6 7AL). If, for any reason, Mr. Gonzalo Garcia (or any replacement to Mr. Gonzalo Garcia duly appointed from time to time) no longer serves as
agent of the Seller to receive service process, the Seller shall promptly appoint another agent and advise the Buyer thereof. 

  

	17.4	The Buyer appoints Airbus Operations Limited currently of New Filton House, Filton, Bristol, BS99 7AR as its agent for service of process relating to any proceedings
before the English courts in connection with this Agreement and the other Buyback Documents. 

  

	18.	MISCELLANEOUS 

  

	18.1	Severability 

 If a
provision of this Agreement or any of the other Buyback Documents is or becomes illegal, invalid or unenforceable in any jurisdiction that will not affect: 
  

	 	18.1.1	the legality, validity or enforceability in that jurisdiction of any other provision of this Agreement or the relevant Buyback Document; or 

 

	 	18.1.2	the legality, validity or enforceability in any other jurisdiction of that or any other provision of this Agreement or the relevant Buyback Document.

  

	18.2	Expenses 

 As between the
Buyer and the Seller (and the Owner, if applicable), each of them will pay for its own respective costs, fees (including legal and documentation fees) and other expenses incurred in connection with the preparation and execution of the documentation
relating to, and the implementation of, the transactions contemplated by this Agreement and any documents related thereto. 
  

	18.3	Sole and Entire Agreement 

This Agreement (together with any relevant Buyback Document related hereto) contains the entire agreement between the Buyer and the Seller
in relation to the matters referred to herein and supersedes any previous understandings, commitments or representations whatsoever oral or written. No provision of this Agreement may be changed, waived or discharged except by an instrument in
writing signed by the both parties hereto (or by their duly authorised representatives or agents). In the event that any term or condition of this Agreement conflicts with any term and condition set out in the Buyback Support Agreement, the Buyer
and the Seller agree that the provisions of this Agreement shall, to the extent of any such conflict, prevail. 
  

	18.4	Language 

 All notices to
be given under this Agreement will be in English. All documents delivered pursuant to this Agreement will be in English. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 12 

	18.5	Counterparts 

 This
Agreement may be executed in counterparts, each of which will constitute one and the same document. 
  

	18.6	Further Assurances 

 The
Buyer and the Seller each agree from time to time and at the requesting party’s cost to do and perform such other and further acts and execute and deliver any and all such other instruments as may be required by law or requested by the other
party to establish, maintain and protect the rights and remedies of such party and to carry out and effect the intent and purpose of this Agreement. 
  

	18.7	Third Party Rights 

 The
parties do not intend that any term of this Agreement shall be enforceable solely by virtue of the Contracts (Rights of Third Parties) Act 1999 by the Owner or any other person who is not a party to this Agreement. The parties may rescind, vary,
waive, release, assign, novate or otherwise dispose of all or any of their respective rights or obligations under this Agreement in accordance with the terms hereof without the consent of any person who is not a party to this Agreement. 

 

	18.8	No Brokers 

 The Buyer and
the Seller each represent and warrant to the other that it has not paid, agreed to pay or caused to be paid directly or indirectly in any form any commission, percentage, contingent fee, brokerage or other similar payments of any kind, in connection
with this Agreement or the other Buyback Documents or any of the transactions contemplated hereby or thereby. Each party agrees to indemnify and hold the other harmless from and against any and all claims, suits, damages, costs and expenses
(including reasonable legal fees) asserted by any agent, broker or third party appointed by the indemnifying party in respect of any commission or compensation of any nature whatsoever based upon the Aircraft, this Agreement, the other Buyback
Documents or any of the transactions contemplated hereby or thereby. 
  

	18.9	Default Interest 

 If any
payment due from either party under this Agreement is not received on the due date, without prejudice to the receiving party’s other rights under this Agreement and at law, the receiving party shall be entitled to interest for late payment
calculated on the amount due from and including the due date of payment up to and including the date when the payment is received by such party at a rate equal to one (1) month US Dollar LIBOR plus three per cent. (3%) per year (part year
to be prorated). All such interest shall be compounded monthly and calculated on the basis of the actual number of days elapsed in the month assuming a thirty (30) day month and a three hundred and sixty (360) day year. 

 

	19.	CONFIDENTIALITY 

  

	19.1	The Buyer and the Seller acknowledge that the terms and conditions set out in this Agreement have been agreed in the context of the special relationship between the
parties and is therefore considered by each of the parties as commercially sensitive and as constituting confidential information. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 13 

	19.2	The Buyer and the Seller agree that the provisions of this Agreement are personal to it and will not without the prior written consent of the other party disclose such
information to any other party. However, the parties may disclose any confidential information to: (i) any governmental authority to which it is obliged to disclose such information; (ii) its legal advisers, auditors and insurers (provided
that such parties are bound by a professional or a legal duty of confidentiality); (iii) any parties entitled pursuant to an order or relevant request of any court, legal or regulatory body having jurisdiction over the disclosing party;
(iv) or otherwise in accordance with any obligation to disclose imposed by any applicable law. 

 IN WITNESS whereof
this Agreement has been signed on the day and year first above written. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 14 

 SCHEDULE 1 
 DEFINITIONS 
 In this Agreement, capitalised words and expressions have the following
meanings: 
 Acceptance Certificate means the certificate of acceptance regarding the Aircraft substantially in the form set out in
Schedule 7. 
 Agreement means this agreement made between the Seller and the Buyer as it may from time to time be amended, varied, or
supplemented in accordance with the terms hereof, and the Recitals and the Schedules hereto shall form an integral part of this Agreement. 

Aircraft means the Airframe together with the Aircraft Documents, Engines and parts. 
 Aircraft Documents shall have the meaning given in Schedule 9, paragraph 7(a). 

Airframe means the Airbus A318-100 airframe with manufacturer’s serial number 3216. 
 Bill of Sale means the bill of sale in respect of the Aircraft substantially in the form set out in Part A of Schedule 6. 
 Business Day means any day other than a Saturday or Sunday on which business of the nature contemplated by this Agreement is carried out in Santiago de Chile, Dublin and Toulouse and, where used in
relation to payments, any day on which commercial banks are open for business in New York. 
 Buyback Documents means this Agreement, the
Bill of Sale, the Deed of Covenant, the Acceptance Certificate, the Buyback Support Agreement and any agreement amending or supplementing any of the foregoing documents. 
 Buyback Support Agreement means the buyback support agreement entered into between Airbus S.A.S. and the Seller on December 23, 2009 as such has been amended by Amendment No.1 to the Buyback
Support Agreement entered into between Airbus S.A.S. and the Seller on 23 December 2010. 
 Buyer Conditions Precedent means the
documents, evidence and conditions specified in Schedule 5 each in a form and substance satisfactory to the Buyer. 
 Conditions
Precedent means, collectively, the Buyer Conditions Precedent and the Seller Conditions Precedent. 
 Deed of Covenant means the deed
of covenant in respect of the Aircraft substantially in the form set out in Part B of Schedule 6. 
 Delivery means the delivery of, sale
and transfer of title to the Aircraft in accordance with Clause 7. 
 Delivery Date means the date (being a Business Day) on which
Delivery of the Aircraft occurs. 
 Delivery Location means an airport in Santiago de Chile or such other location agreed between the
Buyer and the Seller each acting reasonably. 
 Engines means the two (2) Pratt & Whitney PW6000 engines, bearing
manufacturer’s serial numbers P318127 and P318123. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 15 

 Indemnitees means the Buyer (and its shareholders directors, officers, servants, agents and
employees). 
 LIBOR means the London Interbank Offer Rate, as quoted on the Reuters 01 page (or equivalent Reuters page) from time to
time. 
 Lien means any mortgage, charge, assignment, pledge, lien, statutory right in rem, right of possession, attachment or detention,
title retention arrangement, encumbrance or any other arrangement which has the effect of giving another person any security claim or interest. 

Owner means Conure Leasing Limited a company incorporated under the laws of the Cayman Islands and domiciled at PO Box 309, Ugland House, Grand
Cayman, KY1-1104, Cayman Islands. 
 Previous Security Documents means any mortgages, charges, pledges, assignments, leases or other such
documents, agreements, deeds or arrangements pursuant to which any of the Previous Financiers had the benefit of any form of Lien over the Aircraft or any part thereof. 
 Previous Financier means any bank, financial institution or any other entity which has had any right, title or interest of any nature whatsoever in or to the Aircraft or any part thereof.

 Release means any deed of release or any other form of written confirmation received by the Seller or the Owner pursuant to which any
Previous Financier has irrevocably confirmed that any right, title or interest of any nature whatsoever held by any such Previous Financier in or to the Aircraft or any part thereof prior to Delivery has been fully and unconditionally released.

 Scheduled Delivery Date means 15 June 2011 or such other date designated by the terms of the Buyback Support Agreement as the
“Scheduled Buyback Date” or, subject to an agreement in writing between the Buyer and the Seller, any such other date as may be agreed from time to time. 
 Seller Conditions Precedent means the documents, evidence and conditions specified in Schedule 4, each in a form and substance satisfactory to the Seller. 

US Dollars and US$ shall mean the lawful currency of the United States. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 16 

 SCHEDULE 2 
 SELLER REPRESENTATIONS AND WARRANTIES 
 The Seller represents and warrants to the Buyer
that: 
  

	(a)	Status: the Seller is a company duly incorporated under the laws of Chile. 

 

	(b)	Power and authority: the Seller has the power to: (i) enter into and perform and has taken all necessary action to authorise the entry into, performance and
delivery of this Agreement and the other Buyback Documents to which it is a party; (ii) to own its assets; and (iii) carry on its business as it is being conducted. 

 

	(c)	Legal validity: this Agreement and the other Buyback Documents to which it is a party constitute, or when entered into will constitute, the Seller’s legal,
valid and binding obligation. 

  

	(d)	Non-conflict: neither the execution and delivery of this Agreement or any of the other Buyback Documents to which the Seller is party, nor the performance of any
of the obligations contained herein or therein will contravene any law, judgement or order by which the Seller or any of its assets is bound or affected. 

  

	(e)	No immunity: 

  

	 	(i)	the Seller is subject to civil commercial law with respect to its obligations under this Agreement and the other Buyback Documents to which the Seller is party; and

  

	 	(ii)	neither the Seller nor any of its assets is entitled to any right of immunity, and the entry into and performance of this Agreement and the other Buyback Documents to
which it is party by the Seller constitute private and commercial acts. 

  

	(f)	No Liens: 

 At Delivery
the Aircraft shall be free and clear of all Liens. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 17 

 SCHEDULE 3 
 BUYER REPRESENTATIONS AND WARRANTIES 
 The Buyer represents and warrants to the Seller
that: 
  

	(a)	Status: the Buyer is a company duly incorporated under the laws of Ireland. 

 

	(b)	Power and authority: the Buyer has the power to (i) enter into and perform, and has taken all necessary corporate action to authorise the entry into,
performance and delivery of this Agreement and the other Buyback Documents to which it is party; (ii) own its assets; and (iii) carry on its business as it is being conducted. 

 

	(c)	Legal validity: this Agreement and the other Buyback Documents to which it is a party constitutes, or when entered into will constitute, the Buyer’s legal,
valid and binding obligation. 

  

	(d)	Non-conflict: neither the execution and delivery of this Agreement or any of the other Buyback Documents to which the Buyer is party, nor the performance of any
of the obligations contained herein or therein will contravene any law, judgement or order by which the Buyer or any of its assets are bound or affected. 

  

	(e)	No immunity: 

  

	 	(i)	the Buyer is subject to civil commercial law with respect to its obligations under this Agreement and the other Buyback Documents to which it is a party; and

  

	 	(ii)	neither the Buyer nor any of its assets is entitled to any right of immunity, and the entry into and performance by the Buyer of this Agreement and the other Buyback
Documents to which it is a party constitute private and commercial acts. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 18 

 SCHEDULE 4 
 SELLER CONDITIONS PRECEDENT 
 Subject to the expiry of the applicable grace periods set out
below, the obligation of the Seller to sell and deliver the Aircraft on the terms and conditions set out in this Agreement is conditional upon satisfaction in full, on the Delivery Date, of the following conditions, each in form and substance
satisfactory to the Seller: 
  

	A	Documents 

  

	(a)	Insurance: receipt by the Seller of an insurance certificate procured by the Buyer in respect of the Aircraft which reflects the requirements set out in Clause
12 of this Agreement; 

  

	(b)	Licences, Consents and Registrations: receipt by the Seller of evidence that all governmental and other licences, approvals, exemptions, consents, registrations
and filings necessary for the legality, validity, enforceability, admissibility in evidence or priority of this Agreement have been obtained or effected on an unconditional basis and remain in full force and effect (or that arrangements satisfactory
to the Seller have been made for the effectiveness of the same within any applicable time limit); and 

  

	(c)	Opinions: the receipt by the Seller of legal and tax opinions, in form and substance satisfactory to the Seller, acting reasonably, from independent counsel of
the Seller’s choosing in respect of, without limitation, valid transfer of title to the Aircraft and the lex situs of Delivery. 

  

	B	Other Conditions Precedent 

  

	(a)	No Default: no default on the part of the Buyer shall have occurred and be continuing under this Agreement, any other Buyback Document or any Manufacturer
Agreement; 

  

	(b)	Representations: the representations and warranties of the Buyer contained in Clause 3.2 shall be true and accurate in all material respects as though made on
and as of the dates set out therein 

  

	(c)	No Litigation: no action or proceeding shall have been instituted against the Buyer in any particular case where, if a finding were to be made against the Buyer
that finding or the result of that finding would prevent the Buyer from performing its obligations as set out in the Buyback Documents, or completing and consummating the transactions contemplated by the Buyback Documents nor shall: (i) any
action be threatened before any court or governmental agency against the Buyer; or (ii) any order, judgement or decree have been issued or proposed to be issued by any court or government entity, in each case, to set aside, restrain, enjoin or
prevent the Buyer’s completion and consummation of the Buyback Documents to which it is a party; 

  

	(d)	Legality: it shall not be illegal for the Seller or the Buyer to consummate any of the Buyback Documents to which they are a party or to perform any of their
obligations hereunder or thereunder; 

  

	(e)	Taxes: the Seller shall be satisfied that the Delivery Location and the arrangements described in Clause 7 do not give rise to any Taxes;

  

	(f)	No Total Loss: the Aircraft shall not have suffered a Total Loss at any time prior to or on the relevant Delivery Date; and 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 19 

	(g)	Net Purchase Price: the Seller shall have received the initial payment set out in Clause 6.3.1(a). 

The conditions precedent set out in paragraphs A(a), A(b), A(c), B(a), B(b), B(c), B(d) and B(e) shall each be subject a grace period of fifteen
(15) Business Days commencing on the Scheduled Delivery Date. The condition precedent set out in paragraph B(g) above, shall be subject to a grace period of five (5) Business Days commencing on the Scheduled Delivery Date. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 20 

 SCHEDULE 5 
 BUYER CONDITIONS PRECEDENT 
 Subject to the expiry of the applicable grace periods set out
below, the obligation of the Buyer to purchase the Aircraft on the terms and conditions set out in this Agreement is conditional upon satisfaction in full, on the Delivery Date, of the following conditions, each in form and substance satisfactory to
the Buyer: 
  

	A	Documents 

  

	(a)	Opinions: the receipt by the Buyer of legal and tax opinions, in form and substance satisfactory to the Buyer, acting reasonably, from independent counsel of the
Buyer’s choosing in respect of, without limitation, valid transfer of title to the Aircraft and the lex situs of Delivery; 

  

	(b)	Licences, Consents and Registrations: receipt by the Buyer of evidence that all governmental and other licences, approvals, exemptions, consents, registrations
and filings necessary for the legality, validity, enforceability, admissibility in evidence or priority of this Agreement have been obtained or effected on an unconditional basis and remain in full force and effect (or that arrangements satisfactory
to the Buyer have been made for the effectiveness of the same within any applicable time limit); 

  

	(c)	Customer Due Diligence: receipt by the Buyer of the “customer due diligence” information from both the Seller and the Owner in form and
substance satisfactory to the Buyer; and 

  

	(d)	Title History: receipt by the Buyer of certified true copies of each bill of sale (or, if applicable, any such other document evidencing the transfer of the
legal and beneficial title) evidencing the back-to-birth title history of the Airframe and each Engine. 

  

	B	Other Conditions Precedent 

  

	(i)	No Default: no default on the part of the Seller shall have occurred and be continuing under this Agreement, any other Buyback Document or under any Manufacturer
Agreement; 

  

	(ii)	Representations: the representations and warranties of the Seller contained in Clause 3.1 shall be true and accurate in all material respects as though made on
and as of the dates set out therein; 

  

	(iii)	No Litigation: no action or proceeding shall have been instituted against the Seller in any particular case where, if a finding were to be made against the
Seller that finding or the result of that finding would prevent the Seller from performing its obligations as set out in the Buyback Documents, or completing and consummating the transactions contemplated by the Buyback Documents nor shall:
(i) any action be threatened before any court or governmental agency against the Seller; or (ii) any order, judgement or decree have been issued or proposed to be issued by any court or Government Entity, in each case, to set aside,
restrain, enjoin or prevent the Seller’s completion and consummation of the Buyback Documents to which it is a party; 

  

	(iv)	Legality: it shall not be illegal for the Seller or the Buyer to consummate any of the Buyback Documents to which they are a party or to perform any of their
obligations hereunder or thereunder; 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 21 

	(v)	Taxes: the Buyer shall be satisfied that the Delivery Location, and that the arrangements described in Clause 7, do not give rise to any Taxes;

  

	(vi)	No Total Loss: the Aircraft shall not have suffered a Total Loss at any time prior to or on the relevant Delivery Date; 

 

	(vii)	Delivery Condition: the Aircraft complies in all respects with the Delivery Conditions; and 

 

	(viii)	Delivery of Reference Aircraft: the Reference Aircraft corresponding to the Aircraft (construed in accordance with Clause 1.2.1(n) of the Buyback Support
Agreement) has been delivered to the Seller in accordance with the terms and conditions set out in the Purchase Agreement. 

 The
conditions precedent set out in paragraphs A(a), A(b), B(i), B(ii), B(iii), B(iv) and B(v) shall each be subject a grace period of fifteen (15) Business Days commencing on the Scheduled Delivery Date. The condition precedent set out in
paragraph B(vii) above, shall, with regard to any non-fulfilment of such condition precedent which results solely from a Third Party Event, be subject to a grace period of one hundred twenty (120) days and, in any other circumstances, sixty
(60) days, but in either case commencing on the Scheduled Delivery Date. 
  

	C	Buyer Conditions Subsequent 

 Release
Documentation: the Seller shall forward (or procure that its legal advisors forward) by e-mail to the Buyer electronic copies (in pdf format) of: 
  

	(i)	no later than three (3) Business Days after Delivery, each of the duly executed Releases received by the Seller or, as the case may be, the Owner from each of the
Previous Financiers; and 

  

	(ii)	within three (3) Business Days of receipt by the Seller or the Owner, any notifications or confirmations of any description received from any applicable registry
or authority with which any of the Previous Security Documents were registered, recorded or otherwise filed confirming that any such registrations, recordings or filings have been fully and unconditionally released, 

with certified copies of each of the documents referred to in both (i) and (ii) above to be received by the Buyer no later than sixty
(60) days after Delivery. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 22 

 SCHEDULE 6 
 Part A 
 FORM OF BILL OF SALE 

BILL OF SALE 
 For
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Conure Leasing Limited (the “Owner”), being the owner of the aircraft described below (hereinafter referred to as the “Aircraft”):

  

	1.	one (1) Airbus A318-100 airframe bearing manufacturer’s serial number 3216; 

 

	2.	two (2) Pratt & Whitney PW6000 engines bearing manufacturer’s serial numbers P318127 and P318123; 

 

	3.	all equipment, accessories and parts belonging to, installed in or appurtenant to such Aircraft; and 

 

	4.	the documents, data and records relating to the Aircraft, 

 does hereby sell, grant, transfer and deliver all of the Owner’s rights, title and interest in and to the Aircraft to Airbus Financial Services (the “Buyer”), and its successors and
assigns, to have and hold forever. 
 The Owner makes no representations or warranties of any kind, any implied warranties are expressly
excluded and the Owner shall have no liability to the Buyer pursuant to this Bill of Sale and all recourse to the Seller hereunder is waived. 

This Bill of Sale is governed by and shall be construed in accordance with English law. 
 IN WITNESS whereof, this Bill of Sale is hereby executed at              (CET) this      day of
                     2011. 
  

					
	SIGNED by	 		 	)
		 		 	)
	For and on behalf of	 	)	 	
	CONURE LEASING LIMITED	 		 	)
	in the presence of:	 		 	)

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 23 

 Part B 
 FORM OF DEED OF COVENANT 
 DEED OF COVENANT 

(the Deed) 
  

			
	From:	  	LAN Airlines S.A. (LAN)
		  	Avenida Presidente Riesco 5711
		  	19th Floor, Las Condes
		  	Santiago
		  	Chile
		
	To:	  	Airbus Financial Services (AFS)
		  	5th Floor, 6 George’s Dock
		  	IFSC, Dublin 1
		  	Ireland

                     
2011 
 WHEREAS 
  

	A.	LAN and AFS have entered into a buyback agreement dated — 2011 pursuant to which, amongst other things, LAN has agreed
to procure the sale of one (1) Airbus A318-100 aircraft bearing manufacturer’s serial number 3216 to AFS on the terms and conditions set out therein (the Buyback Agreement). 

 

	B.	In accordance with the terms and conditions set out in the Buyback Agreement, the Seller shall procure that the Owner passes title to the Aircraft to AFS by delivering
the Bill of Sale to AFS and the Seller shall, pursuant to and in accordance with the terms and conditions set out in this Deed, represent, warrant and covenant to the Buyer that, amongst other things, the full legal and beneficial title to the
Aircraft, with full title guarantee, has been conveyed to the Buyer free and clear of all Liens 

 Capitalised terms and
expressions used in this Deed (including the recitals) shall, unless otherwise defined in this Deed, have the meanings given to such terms and expressions in the Buyback Agreement. In this Deed, the following terms shall have the following meanings:

 Beneficiary shall mean AFS (and its successors and assigns) or, pursuant to paragraph 3 below, any party to which AFS (or any of its
successors and assigns) sells or otherwise transfers any of its right, title or interest in or to the Aircraft or to any person through which AFS’s (or any of its successors’ and assigns’) interest in the Aircraft may, from time to
time, be financed or refinanced. 
 Previous Financier shall mean any bank, financial institution or any other entity which has had any
right, title or interest of any nature whatsoever in or to the Aircraft or any part thereof. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 24 

 LAN HEREBY COVENANTS AS FOLLOWS: 

 

	1.	In consideration of the payment by AFS of the Net Purchase Price in accordance with the Buyback Agreement and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged by LAN, with regard to the aircraft described below (hereinafter referred to as the Aircraft): 

  

	 	(i)	one (1) Airbus A318-100 airframe bearing manufacturer’s serial number 3216; 

 

	 	(ii)	two (2) Pratt & Whitney PW6000 engines bearing manufacturer’s serial numbers P318127 and P318123; 

 

	 	(iii)	all equipment, accessories and parts belonging to, installed in or appurtenant to such Aircraft; and 

 

	 	(iv)	the documents, data and records relating to the Aircraft, 

 LAN hereby represents, warrants and covenants to AFS and its successors and assigns and each Beneficiary that: 
  

	 	(a)	neither LAN, the Owner or any Previous Financier (nor any person affiliated or otherwise associated with the Owner, LAN or any Previous Financier or any person claiming
through any such person) has any right, title or interest of any nature whatsoever in or to the Aircraft or any part thereof; 

  

	 	(b)	the Aircraft is free and clear of all Liens; and 

  

	 	(c)	the full legal and beneficial title to the Aircraft, with full title guarantee, free and clear of all Liens has been conveyed to AFS to have and hold forever and LAN
hereby covenants that it shall warrant and defend such title forever against all claims and demands whatsoever. 

  

	2.	LAN agrees to indemnify and hold each Beneficiary harmless against any Losses or Taxes suffered or incurred by any Beneficiary as a result of: (a) any of
LAN’s representations or warranties set out in this Deed being incorrect, inaccurate or in any way misleading; or (b) LAN’s failure to perform any of its obligations or otherwise comply with any of its covenants set out in this Deed.

  

	3.	AFS and any Beneficiary shall be entitled to assign or otherwise transfer the benefit of this Deed to any person to which AFS or any such Beneficiary sells or otherwise
transfers any of its right, title or interest in or to the Aircraft or to any person through which AFS’s or any such Beneficiary’s interest in the Aircraft may, from time to time, be financed or refinanced. LAN shall, at its own cost,
promptly execute all documents requested by AFS or, as the case may be, any Beneficiary to effect, perfect, record or implement any such assignment or transfer, and will promptly comply with any other requests of AFS or any Beneficiary (or any of
their respective successors and assigns) in respect of any such assignment or transfer. 

  

	4.	LAN agrees from time to time and at its cost to do and perform such other and further acts and execute and deliver any and all such other instruments as may be required
by law or requested by AFS or any Beneficiary to establish, maintain and protect the rights and remedies of AFS or any Beneficiary and to carry out and effect the intent and purpose of this Deed. 

 

	5.	This Deed shall be governed by and construed in accordance with English law. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 25 

 IN WITNESS whereof, this Deed is hereby executed as a deed as of
             am / pm this      day of                      2011.

  

					
	SIGNED by	 		 	)
		 		 	)
	For and on behalf of	 	)	 	
	LAN AIRLINES S.A.	 		 	)
	in the presence of:	 		 	)

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 26 

 SCHEDULE 7 
 FORM OF ACCEPTANCE CERTIFICATE 
 ACCEPTANCE CERTIFICATE RELATING TO ONE
(1) A318-100 AIRCRAFT, MANUFACTURER’S SERIAL NUMBER 3216 AND HAVING TWO (2) PRATT & WHITNEY PW6000 ENGINES BEARING MANUFACTURER’S SERIAL NUMBERS P318127 AND P318123 

(THE AIRCRAFT) 
 Airbus
Financial Services (the Buyer) hereby certifies that pursuant to the buyback agreement dated                      20— between LAN Airlines S.A. (the Seller) and the Buyer (the Buyback Agreement): 
  

	(a)	the Buyer has inspected the Aircraft, found it to be complete and satisfactory to it and that the Aircraft conforms with the description and is in the condition and
equipped as required by the Buyback Agreement; 

  

	(b)	the Buyer has accepted delivery of the Aircraft, as is where is; 

  

	(c)	the Buyer has inspected, found to be complete and satisfactory to it and has received all of the documents, data and records relating to the Aircraft (the
Aircraft Documents); and 

  

	(d)	the Buyer acknowledges that it has no rights or claims whatsoever against Seller or the Owner in respect of: (i) the condition of the Aircraft or the Aircraft
Documents; or (ii) any of the other matters referred to in Clause 9 of the Buyback Agreement. 

 Capitalised terms and
expressions used in this Acceptance Certificate shall have the meanings given in the Buyback Agreement. 
 This Acceptance Certificate is
governed by and shall be construed in accordance with English law. 
 Date:
                     20— 

 

			
	SIGNED by	 	)
	for and on behalf of	 	)
	AIRBUS FINANCIAL SERVICES	 	)

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 27 

 SCHEDULE 8 
 INSPECTION PROCEDURE 
 All references to Airbus in this Schedule 8, are made in relation to
its capacity as the authorised representative of the Buyer. 
 All references to “Seller” in this Schedule 8 shall be deemed to
refer to LAN Airlines S.A. (even if LAN Airlines S.A. is not the seller). 
 Airbus shall cover the costs of its personnel during the
Pre-Recovery Inspection and the Delivery Inspection. 
  

	1.	Pre-Recovery Inspection by Airbus 

  

	a)	The Aircraft (together with the Aircraft Documents) shall be made available to Airbus for ground inspection by Airbus or their authorised representatives, at the
inspection location, no later than six (6) months before the Scheduled Buyback Date (the Pre-Recovery Inspection). 

  

	b)	The Pre-Recovery Inspection will not disrupt the commercial operation or maintenance of the Aircraft. 

 

	c)	After the Pre-Recovery Inspection has been performed, Airbus will deliver to the Seller within thirty (30) calendar days following the last day of the Pre-Recovery
Inspection a list of all the inspected items (including areas, components and Aircraft Documents), indicating any discrepancies found and specifying the remedial works required in order to comply with the Delivery Conditions. The list of
discrepancies provided to the Seller following the Pre-Recovery Inspection will be an exhaustive list of discrepancies identified at the occasion of the Pre-Recovery Inspection and such list shall be updated as required during the Delivery
Inspection. 

  

	2.	Delivery Inspection by Airbus 

 In order to verify that the Aircraft is in compliance with the requirements of this Agreement, Airbus is entitled but is not obliged to conduct each of the following during the delivery inspection (the
Delivery Inspection): 
  

	2.1.	Ground Inspection 

 The
Aircraft (together with the Aircraft Documents) shall be made available to Airbus for ground inspection by Airbus or their authorised representatives at the inspection location. Such inspection shall be scheduled early enough to allow sufficient
time to verify compliance with all the requirements set out in Schedule 9. The Seller shall provide opening and access to all necessary areas as reasonably required to perform the checks described in this Schedule 8 and shall allow Airbus or their
authorised representatives, to accomplish their inspection in order to determine if the Aircraft is in compliance with the Delivery Conditions. During such checks, Airbus or its representatives may make reasonable requests that adjacent additional
panels or areas of the Aircraft be opened in order to allow further inspection of suspect areas, provided reasonable grounds exist for such request. The Seller shall promptly correct, in accordance with the AMM, any discrepancies found in the course
of the performance of such ground inspection so as to comply with the Delivery Conditions. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 28 

	2.2.	Operational Ground Check 

Promptly after completion of all (if any) corrections required under paragraph 2.1 above, the Seller shall conduct an operational ground
check in accordance with Part 1, Chapter 1 of the Airbus In Service Aircraft Test Manual (ISATM) for the purpose of demonstrating in the presence of an Airbus ground test inspector, the satisfactory operations of all systems. The Seller shall
promptly correct, in accordance with the AMM, any discrepancies found in the course of the performance of such ground inspection so as to comply with the Delivery Conditions. 

 

	2.3.	Engine Performance Check 

Compliance with full rated performances as defined in the Aircraft flight manual will be demonstrated (i) by an on-wing static
inspection, (ii) by testing any system of the powerplants (engines, nacelles and accessories) and (iii) by performing an engine power assurance run in accordance with Part 1, Chapter 2 of the ISATM. The Seller shall promptly correct, in
accordance with the AMM, any discrepancies found in the course of the performance of such powerplant tests so as to comply with the Delivery Conditions. 
  

	2.4.	Acceptance Flight 

  

	a)	Promptly after completion of the inspections, checks and all (if any) corrections required under paragraphs 2.1, 2.2 and 2.3 above, the Aircraft shall be test flown by
the Seller for not more than three hours in the vicinity of the Delivery Location in accordance with Part 2 of the ISATM. Airbus shall have the right to have, during such acceptance flight, and subject to applicable law, (i) one of its test
pilots participate as a member of the flight crew (but not as pilot in command) and (ii) one of its flight test engineers seated on the flight deck’s third occupant seat and (iii) one of its cabin engineers for participating in the
flight in order to observe the testing of the cabin systems. In addition, upon reasonable request from Airbus and subject to applicable law, the Seller shall authorize a representative of the Aircraft’s prospective lessee or purchaser to
participate, preferably as a flight deck observer, in such acceptance flight (provided always that the Seller shall not be obliged to repeat, for the benefit of any of such representative, any flight manoeuvres previously performed in the course of
the flight test). 

  

	b)	All flights pursuant to paragraph 2.4 (a) above shall be carried out at the Seller’s expense, including, but not limited to, costs for fuel, oil, airport
fees, insurance, takeoff/landing fees, airway communication fees and ground handling fees. 

  

	2.5.	Acceptance Criteria 

  

	a)	The operational ground check, the engine performance check and the acceptance flight contemplated in clause 2.2, 2.3 and 2.4 shall be conducted using Airbus’
ISATM. 

  

	b)	Upon completion of such acceptance flight or testing, the representative of Airbus participating in such flight or testing shall indicate in writing to the Seller any
discrepancies in the Aircraft required to be corrected by the Seller in order to comply with the provisions of the Delivery Conditions. In case an alleged discrepancy is disputed, Airbus and the Seller will jointly select and appoint a suitably
qualified and independent third party to assess such discrepancy and the cost of that third party will be shared equally between Airbus and the Seller. If Airbus and the Seller cannot agree on the selection of such third party in a timely manner,
Avitas Inc shall be appointed to select such third party. If following such third party determination, the discrepancy is confirmed, the Seller shall promptly correct any such discrepancy and if required, another test flight will be conducted (to
the extent necessary to verify the correction of the discrepancy) at Seller’s cost. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 29 

	c)	The operational ground check, the engine performance check and the acceptance flight contemplated in clause 2.2, 2.3 and 2.4 shall establish that all equipment is
functioning in accordance with the relevant limits specified in the AMM, Flight Manual, Flight Crew Operating Manual or any other relevant manual and meet the Delivery Conditions. 

 

	3.	Ferry Flight 

 Subject to
reasonable written notice, Airbus may request the Seller to fly the Aircraft to a destination not further than 6,000 nautical miles away from the Delivery Location. Such flight, if reasonably practicable for the Seller (subject to, inter alia, crew
availability) shall be completed at Airbus’ cost and risk. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 30 

 SCHEDULE 9 
 DELIVERY CONDITIONS 
 [***]. 

 

	1.	Maintenance 

 [***].

  

	2.	Condition of Aircraft 

[***]. 
  

	3.	Certificate of Airworthiness Matters, Export and Deregistration 

 [***]. 
  

	4.	Condition of Airframe 

[***]. 
  

	5.	Condition of Engines 

[***]. 
  

	6.	Condition of APU 

 [***].

  

	7.	Aircraft Documents 

[***]. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 31 

	8.	Ground Lock Safety Pins and covers 

 [***]. 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 32 

 APPENDIX 1 
 AIRCRAFT RECORDS REQUIREMENT 
  

	1.	OPERATIONAL & TECHNICAL MANUALS 

[***]. 
  

	2.	TECHNICAL RECORDS 

 [***]. 

 

	2.1.	General - Aircraft records 

 [***].

  

	2.2.	Engines records 

 [***]. 

 

	2.3.	APU records 

 [***]. 

 
  
 [***] 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 33 

 APPENDIX 2 
 LIST OF PMA PARTS IN USE BY LAN 
 [***] 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 34 

 APPENDIX 3 
 FLY AWAY KIT 
 [***] 

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 35 

 EXECUTION PAGE – A318 BUYBACK AGREEMENT (MSN 3216) 

 

			
	SIGNED by	 	)
	for and on behalf of	 	)
	AIRBUS FINANCIAL SERVICES	 	)
		
	SIGNED by	 	)
	for and on behalf of	 	)
	LAN AIRLINES S.A.	 	)

  
 “[***]” This
information is subject to confidential treatment and has been omitted and filed separately with the commission. 

  
 36Aircraft General Terms Agreement Number AGTA-LAN, dated May 9, 1997

 Exhibit 4.26 
 AIRCRAFT GENERAL TERMS AGREEMENT 
 AGTA-LAN 

between 

THE BOEING COMPANY 
 and 
 LANCHILE S.A. 

  

					
	AGTA-LAN	 		 	
		 		 	

 TABLE OF CONTENTS 

 

							
	 	 	 	  	PAGE
NUMBER	 
	ARTICLES	 		  			
			
	1.	 	Subject Matter of Sale	  	 	1	  
			
	2.	 	Price, Taxes and Payment	  	 	1 SA 1	  
			
	3.	 	Regulatory Requirements and Certificates	  	 	3	  
			
	4.	 	Detail Specification; Changes	  	 	4	  
			
	5.	 	Representatives, Inspection, Flight Tests, Test Data and Performance Guarantee Compliance	  	 	4	  
			
	6.	 	Delivery	  	 	5	  
			
	7.	 	Excusable Delay	  	 	5	  
			
	8.	 	Risk Allocation/Insurance	  	 	6	  
			
	9.	 	Assignment, Resale or Lease	  	 	8	  
			
	10.	 	Termination for Certain Events	  	 	9	  
			
	11.	 	Notices	  	 	10	  
			
	12.	 	Miscellaneous	  	 	10	  
			
	EXHIBITS	 		  			
			
	A	 	Buyer Furnished Equipment Provisions Document	  			
			
	B	 	Customer Support Document	  			
			
	C	 	Product Assurance Document	  			
			
	D	 	Escalation Adjustment	  			
			
	D-1	 	Escalation Adjustment	  	 	SA1	  
			
	APPENDICES	 		  			
			
	I	 	Insurance Certificate	  			
			
	II	 	Purchase Agreement Assignment	  			
			
	III	 	Post-Delivery Sale Notice	  			
			
	IV	 	Post-Delivery Lease Notice	  			
			
	V	 	Purchaser’s/Lessee’s Agreement	  			
			
	VI	 	Owner Appointment of Agent - Warranties	  			
			
	VII	 	Contractor Confidentiality Agreement	  			

  

					
	AGTA-LAN	 	i	 	SA 1
		 		 	

 AIRCRAFT GENERAL TERMS AGREEMENT NUMBER AGTA-LAN 

between 
 The
Boeing Company 
 and 
 LanChile S.A. 
 Relating to 

BOEING AIRCRAFT 

This Aircraft General Terms Agreement Number AGTA-LAN (AGTA) between The Boeing Company (Boeing) and LanChile S.A. (Customer) will apply
to all Boeing aircraft contracted for purchase from Boeing by Customer after May 9, 1997. 
  

	Article 1.	Subject Matter of Sale. 

1.1 Aircraft. Boeing will manufacture and sell to Customer and Customer will purchase from Boeing aircraft under purchase
agreements which incorporate the terms and conditions of this AGTA. 
 1.2 Buyer Furnished Equipment. Exhibit A, Buyer
Furnished Equipment Provisions Document to the AGTA, contains the obligations of Customer and Boeing with respect to equipment purchased and provided by Customer, which Boeing will receive, inspect, store and install in an aircraft before delivery
to Customer. This equipment is defined as Buyer Furnished Equipment (BFE). 
 1.3 Customer Support. Exhibit B,
Customer Support Document to the AGTA, contains the obligations of Boeing relating to Materials (as defined in Part 3 thereof), training, services and other things in support of aircraft. 

1.4 Product Assurance. Exhibit C, Product Assurance Document to the AGTA, contains the obligations of Boeing and the suppliers of
equipment installed in each aircraft at delivery relating to warranties, patent indemnities, software copyright indemnities and service life policies. 
  

	Article 2.	Price, Taxes and Payment. 

2.1 Price. 
 2.1.1 Airframe Price is defined as the price of the airframe for a specific model of aircraft described in a purchase agreement. (For Models 737-600, 737-700 and 737-800, the Airframe Price
includes Engine Price.) 

  

					
	AGTA-LAN	 	- 1 -	 	SA 1
		 		 	

 2.1.2 Optional Features Prices are defined as the prices for optional features
selected by Customer for a specific model of aircraft described in a purchase agreement. 
 2.1.3 Engine Price is defined
as the price set by the engine manufacturer for a specific engine to be installed on the model of aircraft described in a purchase agreement (not applicable to Models 737-600, 737-700 and 737-800). 

2.1.4 Aircraft Basic Price is defined as the sum of the Airframe Price, Optional Features Prices and the Engine Price, if
applicable. 
 2.1.5 Escalation Adjustment is defined as the price adjustment to the Airframe Price and the Optional
Features Prices (and the Engine Price for Models 737-600, 737-700 and 737-800) resulting from the calculation using the economic price formula contained in Exhibit D, Escalation Adjustment to the AGTA, for aircraft delivering through December 1999,
and Exhibit D-1, Escalation Adjustment to the AGTA, for aircraft delivering after December 1999. The price adjustment to the Engine Price for all other models of aircraft will be calculated using the economic price formula in the Engine Escalation
Adjustment to the applicable purchase agreement. 
 2.1.6 Advance Payment Base Price is defined as the estimated price of
an aircraft as of the date of signing a purchase agreement for the scheduled month of delivery of such aircraft using commercial forecasts of the Escalation Adjustment. 
 2.1.7 Aircraft Price is defined as the total amount Customer is to pay for an aircraft at the time of delivery, which is the sum of the Aircraft Basic Price, the Escalation Adjustment and other
price adjustments made pursuant to the purchase agreement. 
 2.2 Taxes. Taxes are defined as all taxes, fees,
charges or duties and any interest, penalties, fines or other additions to tax, including, but not limited to sales, use, value added, gross receipts, stamp, excise, transfer and similar taxes, imposed by any domestic or foreign taxing authority
arising out of or in connection with the performance of the applicable purchase agreement or the sale, delivery, transfer or storage of any aircraft, BFE, or other things furnished under the applicable purchase agreement. Except for U.S. federal and
U.S. States income taxes and Washington State business and occupation taxes imposed on Boeing or Boeing’s assignee, Customer will be responsible for filing all tax returns, reports and declarations and paying all Taxes. 

2.3 Payment. 
 2.3.1 Advance Payment Schedule. Customer will make advance payments to Boeing for each aircraft in the amounts and on the dates indicated in the schedule set forth in the applicable purchase
agreement. 
 2.3.2 Payment at Delivery. Customer will pay any unpaid balance of the Aircraft Price at the time of
delivery of each aircraft. 

  

					
	AGTA-LAN	 	- 2 -	 	SA 1
		 		 	

 2.3.3 Form of Payment. Customer will make all payments to Boeing by unconditional
deposit of United States Dollars in a bank account in the United States designated by Boeing. 
 2.3.4 Monetary and
Government Regulations. Customer is responsible for complying with all monetary control regulations and for obtaining necessary governmental authorizations which are applicable to payments made by Customer. 

 

	Article 3.	Regulatory Requirements and Certificates. 

 3.1 Certificates. Boeing will manufacture each aircraft to conform to the appropriate Type Certificate issued by the United States Federal Aviation Administration (FAA) for the specific
model of aircraft and will obtain from the FAA and furnish to Customer at delivery of each aircraft either a Standard Airworthiness Certificate or an Export Certificate of Airworthiness issued pursuant to Part 21 of the Federal Aviation Regulations
whichever one is required by the Chilean DGAC. 
 3.2 FAA or Applicable Regulatory Authority Manufacturer Changes.

 3.2.1 A Manufacturer Change is defined as any change to an aircraft, data relating to an aircraft, or testing of an
aircraft required by the FAA to obtain a Standard Airworthiness Certificate or by the country of import and/or registration to obtain an Export Certificate of Airworthiness. 
 3.2.2 A Manufacturer Change will be incorporated at no charge to Customer unless: 

(i) the FAA issues the requirement after the date of the applicable purchase agreement, and the scheduled delivery month of the affected
aircraft is after the date of the Type Certificate for the model of aircraft, or more than 18 months after the date of the purchase agreement, whichever is later; or 
 (ii) the requirement is solely necessary to comply with a requirement of the country of import and/or registration. 
 3.2.3 Customer will pay Boeing’s charge for validation of an aircraft required by any governmental agency of the country of import and/or registration. 

3.3 FAA Operator Changes. 
 3.3.1 An Operator Change is defined as a change in equipment that is required by Federal Aviation Regulations and which are in addition to those required for a Certificate of Airworthiness or
Export Certificate of Airworthiness and which (i) is generally applicable to transport category aircraft to be used in United States certified air carriage and (ii) the required compliance date is on or before the scheduled delivery month
of the aircraft. 

  

					
	AGTA-LAN	 	- 3 -	 	SA 1
		 		 	

 3.3.2 Boeing will deliver each aircraft with Operator Changes incorporated or, at
Boeing’s option, with suitable provisions for the incorporation of such equipment and Customer will pay Boeing’s applicable charges. 
 3.4 Export License. If an export license is required by United States law or regulation for any aircraft or any other things delivered under the purchase agreement, it is Customer’s obligation
to obtain such license. If requested, Boeing will assist Customer in applying for any such export license. Customer will furnish any required supporting documents. 
  

	Article 4.	Detail Specification; Changes. 

 4.1 Configuration Changes. The Detail Specification is defined as the Boeing document that describes the configuration of each aircraft purchased by Customer. The Detail Specification for
each aircraft may be amended by (i) Boeing to reflect the incorporation of Manufacturer Changes and Operator Changes or (ii) by the agreement of the parties. In either case the amendment will describe the particular changes to be made and
any effect on design, performance, weight, balance, scheduled delivery month, Aircraft Basic Price, Aircraft Price and Advance Payment Base Price. 
 4.2 Development Changes. Development Changes are defined as changes to aircraft that do not affect the Aircraft Price or scheduled delivery month, and do not adversely affect guaranteed
weight, guaranteed performance or compliance with the interchangeability or replaceability requirements set forth in the applicable Detail Specification. Boeing may, at its option, incorporate Development Changes into the Detail Specification and
into an aircraft prior to delivery to Customer. 
 4.3 Notices. Boeing will promptly notify Customer of any amendments to
the Detail Specification. 
  

	Article 5.	Representatives, Inspection, Demonstration Flights, Test Data and Performance Guarantee Compliance. 

5.1 Office Space. Twelve months before delivery of the first aircraft purchased, and continuing until the delivery of the last
aircraft on firm order, Boeing will furnish, free of charge, suitable office space and equipment for the accommodation of up to three representatives of Customer in or conveniently located near the assembly plant. 

5.2 Inspection. Customer’s representatives may inspect each aircraft at any reasonable time provided such inspection does not
interfere with Boeing’s performance. 
 5.3 Demonstration Flights. Prior to delivery, Boeing will fly each aircraft
up to 4 hours each flight and at no additional charge to demonstrate to Customer the function of the aircraft and its equipment following Boeing’s production flight test procedures. Customer may designate up to five representatives to
participate as observers. 
 5.4 Test Data; Performance Guarantee Compliance. Performance Guarantees are defined
as the written guarantees in a purchase agreement regarding the 

  

					
	AGTA-LAN	 	- 4 -	 	SA 1
		 		 	

 
operational performance of an aircraft. Boeing will furnish to Customer flight test data obtained on an aircraft of the same model to evidence compliance with such Performance Guarantees.
Performance Guarantees will be met if reasonable engineering interpretations and calculations based on the flight test data establish that the particular aircraft being delivered under the applicable purchase agreement would, if actually flown,
comply with the guarantees. 
 5.5 Special Aircraft Test Requirements. Boeing may use an aircraft for flight and ground
tests prior to delivery, without reduction in the Aircraft Price, if the tests are considered necessary by Boeing (i) to obtain or maintain the Type Certificate or Certificate of Airworthiness for the aircraft; or (ii) to evaluate
potential improvements that may be offered for production or retrofit incorporation provided the tests do not adversely affect the structure of the Aircraft or in the aggregate require more than 5 hours flight testing. 

 

	Article 6.	Delivery. 

 6.1 Notices
of Delivery Dates. Boeing will notify Customer of the approximate delivery date of each aircraft at least 30 days before the scheduled month of delivery and at least 14 days before the scheduled delivery date. 

6.2 Place of Delivery. Each aircraft will be delivered at a facility selected by Boeing in the State of Washington. 

6.3 Bill of Sale. At delivery of an aircraft, Boeing will provide Customer a bill of sale conveying good title, free of
encumbrances. 
 6.4 Delay. If Customer delays acceptance of an aircraft beyond the scheduled delivery date, Customer
will reimburse Boeing for all reasonable costs directly incurred by Boeing as a result of the delay. 
  

	Article 7.	Excusable Delay. 

 7.1
General. Boeing will not be liable for any delay in the scheduled delivery month of an aircraft or other performance under the applicable purchase agreement caused by (i) acts of God; (ii) war or armed hostilities;
(iii) government acts or priorities; (iv) fires, floods, or earthquakes; (v) strikes or labor troubles causing cessation, slowdown, or interruption of work; or (vi) any other cause to the extent such cause is beyond Boeing’s
control and not occasioned by Boeing’s fault or negligence. A delay resulting from any such cause is defined as an Excusable Delay. 
 7.2 Notice. Boeing will give written notice to Customer (i) of a delay as soon as it concludes that an aircraft will be delayed beyond the scheduled delivery month due to an Excusable Delay;
and (ii) of a revised delivery month based on Boeing’s appraisal of the facts. 

  

					
	AGTA-LAN	 	- 5 -	 	SA 1
		 		 	

 7.3 Delay in Delivery of Twelve Months or Less. If the revised delivery month in such
notice is 12 months or less after the scheduled delivery month, Customer will accept such aircraft when tendered for delivery, subject to the following: 
 7.3.1 The calculation of the Escalation Adjustment will be based on the previously scheduled delivery month. 
 7.3.2 The advance payment schedule will be adjusted to reflect the revised delivery month. 
 7.3.3 All other provisions of the applicable purchase agreement, including the BFE on dock dates for the delayed aircraft, are unaffected by an Excusable Delay. 

7.4 Delay in Delivery of More Than Twelve Months. If the revised delivery month in such notice is more than 12 months after the
scheduled delivery month, either party may terminate the applicable purchase agreement with respect to such aircraft within 30 days of the notice by giving written notice of the termination to the other party. If either party does not terminate the
applicable purchase agreement with respect to such aircraft, all terms and conditions of the applicable purchase agreement will remain in effect. 
 7.5 Aircraft Damaged Beyond Repair. If an aircraft is destroyed or damaged beyond repair for any reason before delivery, Boeing will give written notice as soon as reasonable practicable to
Customer specifying the earliest month possible, consistent with Boeing’s other contractual commitments and production capabilities, in which Boeing can deliver a replacement. Customer will have 30 days from receipt of notice to elect to have
Boeing manufacture a replacement aircraft under the same terms and conditions of purchase, except that the calculation of the Escalation Adjustment will be based upon the original scheduled delivery month, or, failing such election, the applicable
purchase agreement will terminate with respect to such aircraft. Boeing will not be obligated to manufacture a replacement aircraft if reactivation of the production line for the specific model of aircraft is required. 

7.6 Termination. Termination under this Article will discharge all obligations and liabilities of Boeing and Customer with respect
to any aircraft and all related undelivered Materials, training, services and other things terminated under the applicable purchase agreement, except that Boeing will return to Customer, without interest, an amount equal to all advance payments paid
by Customer for the aircraft. If Customer terminates the applicable purchase agreement as to any aircraft, Boeing may elect, by written notice to Customer within 30 days, to purchase from Customer any BFE related to the aircraft at the invoice
prices paid, or contracted to be paid, by Customer. Customer may elect to retain the BFE by sending written counter notice to Boeing within 30 days of such notice from Boeing. 
 7.7 Exclusive Rights. The termination rights in this Article are in substitution for all other rights of termination or any claim arising by operation of law due to delays in performance covered by
this Article. 
  

	Article 8.	Risk Allocation/Insurance. 

8.1 Title and Risk with Boeing. 
 8.1.1 Boeing’s Indemnification of Customer. Until transfer of title to an aircraft to Customer, Boeing will indemnify and hold harmless Customer and Customer’s

  

					
	AGTA-LAN	 	- 6 -	 	SA 1
		 		 	

 
observers from and against all claims and liabilities, including all expenses and attorneys’ fees incident thereto or incident to establishing the right to indemnification, for injury to or
death of any person(s), including employees of Boeing but not employees of Customer, or for loss of or damage to any property, including an aircraft, arising out of or in any way related to the operation of an aircraft during all demonstration and
test flights conducted under the provisions of the applicable purchase agreement, whether or not arising in tort or occasioned by the negligence of Customer or any of Customer’s observers. 

8.1.2 Definition of Customer. For the purpose of this Article, “Customer” is defined as LanChile S.A., its divisions,
subsidiaries, affiliates, the assignees of each and their respective directors, officers, employees and agents. 
 8.2
Insurance. 
 8.2.1 Insurance Requirements. The Customer will purchase and maintain insurance acceptable to Boeing
and provide a certificate of such insurance that names Boeing as an additional insured for any and all claims and liabilities 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 any aircraft, arising out of or in any way relating to Materials, Training, Services or other things provided under Exhibit B of the AGTA, which will be incorporated by reference into the applicable purchase
agreement, whether or not arising in tort or occasioned by the negligence of Boeing, except with respect to legal liability to persons or parties other than Customer or Customer’s assignees arising out of an accident caused solely by a product
defect in an aircraft. Customer will provide such certificate of insurance at least thirty (30) days prior to the scheduled delivery of the first aircraft under a purchase agreement. The insurance certificate will reference each aircraft
delivered to Customer pursuant to each applicable purchase agreement. Annual renewal certificates will be submitted to Boeing before the expiration of the policy periods. The form of the insurance certificate, attached as Appendix I, states the
terms, limits, provisions and coverages required by this Article 8.2.1. Each certificate provided by Customer pursuant to this Article shall be substantially in the form set out in Appendix I or such other form as is reasonably acceptable to Boeing.
The failure of Boeing to demand compliance with this 8.2.1 in any year will not in any way relieve Customer of its obligations hereunder nor constitutes a waiver by Boeing of these obligations. 

8.2.2 Noncompliance with Insurance Requirements. If Customer fails to comply with any of the insurance requirements of Article
8.2.1 or any of the insurers fails to pay a claim covered by the insurance or otherwise fails to meet any of insurer’s obligations required by Appendix I, Customer will provide the same protection to Boeing as that required by Article 8.2.1
above. 
 8.2.3 Definition of Boeing. For purposes of this article, “Boeing” is defined as The Boeing Company,
its divisions, subsidiaries, affiliates, assignees of each and their respective directors, officers, employees and agents. 

  

					
	AGTA-LAN	 	- 7 -	 	SA 1
		 		 	

	Article 9.	Assignment, Resale or Lease. 

 9.1 Assignment. The applicable purchase agreement is for the benefit of the parties and their respective successors and assigns. No rights or duties of either party may be assigned or delegated, or
contracted to be assigned or delegated, without the prior written consent of the other party, except: 
 9.1.1 Either party may
assign its interest to a corporation that (i) results from any merger or reorganization of such party or (ii) acquires substantially all the assets of such party; 
 9.1.2 Boeing may assign its rights to receive money; and 
 9.1.3 Boeing may assign
any of its rights and duties to any wholly-owned subsidiary of Boeing. 
 9.1.4 Boeing may assign any of its rights and duties
with respect to Parts 1 and 3 of Exhibit B, Customer Support Document to the AGTA, to FlightSafety Boeing Training International L.L.C. 
 9.2 Transfer by Customer at Delivery. Boeing will take any requested action reasonably required for the purpose of causing an aircraft, at time of delivery, to be subject to an equipment trust,
conditional sale, lien or other arrangement for Customer to finance the aircraft. However, no such action will require Boeing to divest itself of title to or possession of the aircraft until delivery of and payment for the aircraft. A sample form of
assignment acceptable to Boeing is attached as Appendix II. 
 9.3 Sale or Lease by Customer After Delivery. If,
following delivery of an aircraft, Customer sells or leases the aircraft (including any sale for financing purposes), all of Customer’s rights with respect to the aircraft under the applicable purchase agreement will inure to the benefit of the
purchaser or lessee of such aircraft, effective upon Boeing’s receipt of the written agreement of the purchaser or lessee, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase
agreement. Sample forms of agreement acceptable to Boeing are attached as Appendices III and IV. 
 9.4 Notice of Sale or
Lease After Delivery. Customer will give notice to Boeing as soon as practicable of the sale or lease of an aircraft including in the notice the name of the entity with title and/or possession of such aircraft. 

9.5 Exculpatory Clause in Post-Delivery Sale or Lease. If, following the delivery of an aircraft, Customer sells or leases such
aircraft and obtains from the transferee any form of exculpatory clause protecting Customer from liability for loss of or damage to the aircraft, and/or related incidental or consequential damages, including without limitation loss of use, revenue
or profit, Customer shall obtain for Boeing the purchaser’s or lessee’s written agreement to be bound by terms and conditions substantially as set forth in Appendix V. This Article 9.5 applies only if purchaser or lessee has not provided
to Boeing the written agreement described in Article 9.3 above. 

  

					
	AGTA-LAN	 	- 8 -	 	SA 1
		 		 	

 9.6 Appointment of Agent-Warranty Claims. If, following delivery of an aircraft,
Customer appoints an agent to act directly with Boeing for the administration of claims relating to the warranties under the applicable purchase agreement, Boeing will deal with the agent for that purpose, effective upon Boeing’s receipt of the
agent’s written agreement, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase agreement. A sample form of agreement acceptable to Boeing is attached as Appendix VI. 

9.7 No Increase in Boeing Liability. No action taken by Customer or Boeing relating to the resale or lease of an aircraft or the
assignment of Customer’s rights under the applicable purchase agreement will subject Boeing to any liability beyond that in the applicable purchase agreement or modify in any way Boeing’s obligations under the applicable purchase
agreement. 
  

	Article 10.	Termination for Certain Events. 

 10.1 Termination. If either party 
 (i) ceases doing business as a going
concern, suspends all or substantially all its business operations, makes an assignment for the benefit of creditors, or generally does not pay its debts, or admits in writing its inability to pay its debts, or 

(ii) petitions for or acquiesces in the appointment of any receiver, trustee or similar officer to liquidate or conserve its business or
any substantial part of its assets; commences any legal proceeding such as bankruptcy, reorganization, readjustment of debt, dissolution or liquidation available for the relief of financially distressed debtors; or becomes the object of any such
proceeding, unless the proceeding is dismissed or stayed within a reasonable period, not to exceed 60 days, 
 the other party may terminate any
purchase agreement with respect to any undelivered aircraft, Materials, training, services and other things by giving written notice of termination. 
 10.2 Repayment of Advance Payments. If Customer terminates the applicable purchase agreement under this Article, Boeing will repay to Customer, without interest, an amount equal to any advance
payments received by Boeing from Customer with respect to undelivered aircraft. 

  

					
	AGTA-LAN	 	- 9 -	 	SA 1
		 		 	

	Article 11.	Notices. 

 All notices
required by any applicable purchase agreement will be in English, will be effective on the date of receipt and may be transmitted by any customary means of written communication addressed as follows: 

 

			
	 Customer:
	  	 LanChile S.A.
 Estado
10
 Casilla 147D
 Santiago,
Chile

		
		  	Attention:   Corporate Vice President - Technical
		
	 Boeing:
	  	 Boeing Commercial Airplane Group
 P.O. Box 3707
 Seattle, Washington 98124-2207

U.S.A.
  

Attention:  Vice President - Contracts

                   
Mail Stop 75-38

  

	Article 12.	Miscellaneous. 

 12.1
Government Approval. Boeing and Customer will assist each other in obtaining any governmental consents or approvals required to effect certification and sale of aircraft under the applicable purchase agreement. 

12.2 Headings. Article and paragraph headings used in this AGTA and in any purchase agreement are for convenient reference only
and are not intended to affect the interpretation of this AGTA or any purchase agreement. 
 12.3 GOVERNING LAW. THIS
AGTA AND ANY PURCHASE AGREEMENT WILL BE GOVERNED BY THE LAW OF THE STATE OF WASHINGTON, U.S.A., EXCLUSIVE OF WASHINGTON’S CONFLICTS OF LAWS PRINCIPLES. 
 12.4 Waiver/Severability. Failure by either party to enforce any provision of this AGTA or any purchase agreement will not be construed as a waiver. If any provision of this AGTA or any provision
of any purchase agreement are held unlawful or otherwise ineffective by a court of competent jurisdiction, the remainder of the AGTA or the applicable purchase agreement will remain in effect. 

  

					
	AGTA-LAN	 	- 10 -	 	SA 1
		 		 	

 12.5 Survival of Obligations. The Articles and Exhibits of this AGTA including but
not limited to those relating to insurance, DISCLAIMER AND RELEASE and the EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES will survive termination or cancellation of any purchase agreement or part thereof. 

DATED AS OF July 28th, 1999 
  

									
	LANCHILE S.A.	 		 	THE BOEING COMPANY
					
	By	 	  
	 		 	By	 	  

	Its	 	S.V. P. Business Affairs	 		 	Its	 	Attorney-in-Fact
					
		 		 		 	By	 	  

					
		 		 		 	Its	 	  

  

					
	AGTA-LAN	 	- 11 -	 	SA 1
		 		 	

 EXHIBIT A 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-LAN 

between 

THE BOEING COMPANY 
 and 
 LanChile S.A. 

BUYER FURNISHED equipment provisions document 

  

					
	AGTA-LAN	 	A	 	
		 	i	 	

 BUYER FURNISHED EQUIPMENT PROVISIONS DOCUMENT 

 
  

The parties acknowledge Boeing intends to implement a new Buyer Furnished Equipment Process for Buyer Furnished Equipment in 1997. New
documentation reflecting the new process will be offered to Customers as soon as practicable. It is the intention of the parties to replace this Exhibit when the new process becomes available. 

  

					
	AGTA-LAN	 	A	 	
		 	ii	 	

 BUYER FURNISHED EQUIPMENT PROVISIONS DOCUMENT 

 

	1.	General. 

 Certain
equipment to be installed in the Aircraft is furnished to Boeing by Customer at Customer’s expense. This equipment is designated “Buyer Furnished Equipment” (BFE) and is listed in the Detail Specification. Boeing will provide to
Customer a BFE Requirements On-Dock/Inventory Document (BFE Document) or an electronically transmitted BFE Report which may be periodically revised, setting forth the items, quantities, on-dock dates and shipping instructions relating to the in
sequence installation of BFE as described in the applicable Supplemental Exhibit to this Exhibit A in a purchase agreement at the time of aircraft purchase. 
  

	2.	Supplier Selection. 

Customer will: 

2.1 Select and notify Boeing of the suppliers of BFE items by those dates appearing in Supplemental Exhibit BFE1to the applicable
purchase agreement at the time of aircraft purchase. 
 2.2 Meet with Boeing and such selected BFE suppliers promptly after such
selection to: 
 2.2.1 complete BFE configuration design requirements for such BFE; and 

2.2.2 confirm technical data submittal dates for BFE certification. 

 

	3.	Customer’s Obligations. 

 Customer will: 
 3.1 comply with and cause the supplier to comply with the
provisions of the BFE Document or BFE Report; 
 3.1.1 deliver technical data (in English) to Boeing as required to support
installation and FAA certification in accordance with the schedule provided by Boeing or as mutually agreed upon during the BFE meeting referred to above; 
 3.1.2 deliver BFE including production and/or flight training spares to Boeing in accordance with the quantities and schedule provided therein; and 

  

					
	AGTA-LAN	 	A-1	 	
		 		 	

 3.1.3 deliver appropriate quality assurance documentation to Boeing as required with each
BFE part (D6-56586, “BFE Product Acceptance Requirements”); 
 3.2 authorize Boeing to discuss all details of the BFE
directly with the BFE suppliers; 
 3.3 authorize Boeing to conduct or delegate to the supplier quality source inspection and
supplier hardware acceptance of BFE at the supplier location; 
 3.3.1 require supplier’s contractual compliance to Boeing
defined source inspection and supplier delegation programs, including availability of adequate facilities for Boeing resident personnel; and 
 3.3.2 assure that Boeing identified supplier’s quality systems be approved to Boeing document D1-9000; 
 3.4 provide necessary field service representation at Boeing’s facilities to support Boeing on all issues related to the installation and certification of BFE; 

3.5 deal directly with all BFE suppliers to obtain overhaul data, provisioning data, related product support documentation and any
warranty provisions applicable to the BFE; 
 3.6 work closely with Boeing and the BFE suppliers to resolve any difficulties,
including defective equipment, that arise; 
 3.7 be responsible for modifying, adjusting and/or calibrating BFE as required for
FAA approval and for all related expenses; 
 3.8 warrant that the BFE will meet the requirements of the Detail Specification or
procure such warranty from the BFE supplier provided that the BFE supplier is pre-approved by Boeing ; and 
 3.9 be responsible
for providing equipment which is FAA certifiable at time of Aircraft delivery, or for obtaining waivers from the applicable regulatory agency for non-FAA certifiable equipment. 

 

	4.	Boeing’s Obligations. 

Other than as set forth below, Boeing will provide for the installation of and install the BFE and obtain certification of the Aircraft
with the BFE installed. 

  

					
	AGTA-LAN	 	A-2	 	
		 		 	

	5.	Nonperformance by Customer. 

 If Customer’s nonperformance of obligations in this Exhibit or in the BFE Document 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 reasonable expenses that directly result from such nonperformance and be deemed to have agreed to any such delay in Aircraft delivery. In addition Boeing will have the right to: 

5.1 provide and install specified equipment or suitable alternate equipment and increase the price of the Aircraft accordingly; and/or

 5.2 deliver the Aircraft to Customer without the BFE installed. 

 

	6.	Return of Equipment. 

 BFE
not installed in the Aircraft will be returned to Customer in accordance with Customer’s instructions and at Customer’s expense. 
  

	7.	Title and Risk of Loss. 

Title to and risk of loss of BFE will at all times remain with Customer or other owner. Boeing will have only such liability for BFE as a
bailee for mutual benefit would have, but will not be liable for loss of use. 
  

	8.	Indemnification of Boeing. 

Customer hereby indemnifies and holds harmless Boeing from and against all claims and liabilities, including costs and expenses (including
attorneys’ fees) 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 any Aircraft, arising out of or in any way connected with any nonconformance or defect in any BFE and whether or not arising in tort or occasioned 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 BFE. 
  

	9.	Patent Indemnity. 

Customer hereby indemnifies and holds harmless Boeing from and against all claims, suits, actions, liabilities, damages and costs arising
out of any actual or alleged infringement of any patent or other intellectual property rights by BFE or arising out of the installation, sale or use of BFE by Boeing. In relation to any sales by Boeing of BFE purchased by Boeing from Customer
pursuant to Article 7.6 of the AGTA this Article will only apply in the event such BFE is not supported by suppliers indemnity which extends to Boeing. 

  

					
	AGTA-LAN	 	A-3	 	
		 		 	

	10.	Definitions. 

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

  

					
	AGTA-LAN	 	A-4	 	
		 		 	

 EXHIBIT B 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-LAN 

between 

THE BOEING COMPANY 
 and 
 LanChile S.A. 

CUSTOMER SUPPORT DOCUMENT 
 This document contains: 
 Part 1: Maintenance and Flight Training Programs;
Operations 
 Engineering Support 
 Part 2: Field Services and Engineering Support 
 Services 

Part 3: Technical Information and Materials 
 Part 4: Alleviation or Cessation of Performance 
 Part 5: Protection of Proprietary
Information and 
 Proprietary Materials 

  

					
	AGTA-LAN	 	B	 	
		 	i	 	

 CUSTOMER SUPPORT DOCUMENT 

PART 1: BOEING MAINTENANCE AND FLIGHT TRAINING 
 PROGRAMS; OPERATIONS ENGINEERING SUPPORT 
  

	1.	Boeing Training Programs. 

1.1 Boeing will provide maintenance training and flight training programs to support the introduction of a specific model of aircraft into
service. The training programs will consist of general and specialized courses and will be described in a Supplemental Exhibit to the applicable purchase agreement. 
 1.2 Boeing will conduct all training at Boeing’s training facility in the Seattle area unless otherwise agreed. 
 1.3 All training will be presented in the English language. If translation is required, Customer will provide interpreters. 
 1.4 Customer will be responsible for all living expenses of Customer’s personnel. Boeing will transport Customer’s personnel between their local lodging and Boeing’s training facility.

  

	2.	Training Planning Conferences. 

 Customer and Boeing will conduct planning conferences approximately 12 months before the scheduled delivery month of the first aircraft of a model to define and schedule the maintenance and flight
training programs. 
  

	3.	Operations Engineering Support. 

 3.1 As long as an aircraft purchased by Customer from Boeing is operated by Customer in scheduled revenue service, Boeing will provide operations engineering support. Such support will include:

 3.1.1 assistance with the analysis and preparation of performance data to be used in establishing operating practices and
policies for Customer’s operation of aircraft; 
 3.1.2 assistance with interpretation of the minimum equipment list, the
definition of the configuration deviation list and the analysis of individual aircraft performance; 

  

					
	AGTA-LAN	 	B	 	
		 	1-1	 	

 3.1.3 assistance with solving operational problems associated with delivery and
route-proving flights; 
 3.1.4 information regarding significant service items relating to aircraft performance or flight
operations; and 
 3.1.5 if requested by Customer, Boeing will provide operations engineering support during an aircraft ferry
flight. 
  

	4.	Training at a Facility Other Than Boeing’s. 

 If requested by Customer, Boeing will conduct the classroom portions of the maintenance and flight training (except for the Performance Engineer training courses) at a mutually acceptable alternate
training site, subject to the following conditions: 
 4.1 Customer will provide acceptable classroom space, simulators (as
necessary for flight training) and training equipment required to present the courses; 
 4.2 Customer will pay Boeing’s
then-current per diem charge for each Boeing instructor for each day, or fraction thereof, that the instructor is away from the Seattle area, including travel time; 
 4.3 Customer will reimburse Boeing for the actual costs of round-trip transportation for Boeing’s instructors and the shipping costs of training Materials between the Seattle area and the alternate
training site; 
 4.4 Customer will be responsible for all taxes, fees, duties, licenses, permits and similar expenses incurred
by Boeing and its employees as a result of Boeing’s providing training at the alternate site or incurred as a result of Boeing providing revenue service training; and 
 4.5 Those portions of training that require the use of training devices not available at the alternate site will be conducted at Boeing’s facility or at the alternate site. 

 

	5.	General Terms and Conditions. 

 5.1 Boeing flight instructor personnel will not be required to work more than 5 days per week, or more than 8 hours in any one 24-hour period, of which not more than 5 hours per 8-hour workday will be
spent in actual flying. These foregoing restrictions will not apply to ferry assistance or revenue service training services, which will be governed by the applicable rules and regulations. 

5.2 Normal Line Maintenance is defined as line maintenance that Boeing might reasonably be expected to furnish for flight crew
training at Boeing’s facility, and will include ground support and aircraft storage in the open, but will not include provision 

  

					
	AGTA-LAN	 	B	 	
		 	1-2	 	

 
of spare parts. Boeing will provide Normal Line Maintenance services for any aircraft while the aircraft is used for flight crew training at Boeing’s facility. Customer will provide such
services if flight crew training is conducted elsewhere. Regardless of the location of such training, Customer will be responsible for providing all maintenance items (other than those included in Normal Line Maintenance) required during the
training, including, but not limited to, fuel, oil, landing fees and spare parts. 
 5.3 If the training is based at
Boeing’s facility, and the aircraft is damaged during such training, Boeing will make all necessary repairs to the aircraft as promptly as possible. Customer will pay Boeing’s reasonable charge, including the price of parts and materials,
for making the repairs. If Boeing’s estimated labor charge for the repair exceeds $25,000, Boeing and Customer will enter into an agreement for additional services before beginning the repair work. 

5.4 If the flight training is based at Boeing’s facility, several airports in the states of Washington, Montana and Oregon, as well
as the services of the fixed base operator at Grant County Airport at Moses Lake, Washington, may be used. Unless otherwise agreed in the flight training planning conference, it will be Customer’s responsibility to make arrangements for the use
of such airports. 
 5.5 If Boeing agrees to make arrangements on behalf of Customer for the use of airports for flight
training, Boeing will pay on Customer’s behalf any landing fees charged by any airport used in conjunction with the flight training. At least 30 days before flight training, Customer will provide Boeing an open purchase order against which
Boeing will invoice Customer for any landing fees Boeing paid on Customer’s behalf. The invoice will be submitted to Customer approximately 60 days after flight training is completed, when all landing fee charges have been received and
verified. Customer will pay to Boeing within 30 days of the date of the invoice. 
 5.6 If requested by Boeing, in order to
provide the flight training or ferry flight assistance, Customer will make available to Boeing an aircraft after delivery to familiarize Boeing instructor or ferry flight crew personnel with such aircraft. If flight of the aircraft is required for
any Boeing instructor or ferry flight crew member to maintain an FAA license for flight proficiency or landing currency, Boeing will be responsible for the costs of fuel, oil, landing fees and spare parts attributable to that portion of the flight.
No such flight will be carried out solely for the purpose of enabling a Boeing instructor or ferry flight crew member to maintain their FAA license. 
 5.7 If any part of the training described in paragraph 1.1 of Part 1 of this Exhibit is not used by Customer within 12 months after the delivery of the last aircraft under the relevant purchase agreement,
Boeing will not be obligated to provide such training. 

  

					
	AGTA-LAN	 	B	 	
		 	1-3	 	

 CUSTOMER SUPPORT DOCUMENT 

PART 2: FIELD AND ENGINEERING SUPPORT SERVICES 

 

	1.	Field Service Representation. 

 Boeing will furnish field service representation to advise Customer with respect to the maintenance and operation of an aircraft (Field Service Representatives). 

1.1 Field Service Representatives will be available at a facility designated by Customer beginning before the scheduled delivery month of
the first aircraft and ending 12 months after delivery of the last aircraft covered by a specific purchase agreement. 
 1.2
Customer will provide, at no charge to Boeing, suitable furnished office space and office equipment at the location where Boeing is providing Field Service Representatives. As required, Customer will assist each Field Service Representative with
visas, work permits, customs, mail handling, identification passes and formal introduction to local airport authorities. 
 1.3
Boeing Field Service Representatives are assigned to various airports around the world. Whenever Customer’s aircraft are operating through any such airport, the services of Boeing’s Field Service Representatives are available to Customer.

  

	2.	Engineering Support Services. 

 Boeing will, if requested by Customer, provide technical advisory assistance for any aircraft and Boeing Product (as defined in Part I of Exhibit C). Technical advisory assistance, provided from the
Seattle area or at a base designated by Customer as appropriate, will include: 
 2.1 Operational Problem Support. If
Customer experiences operational problems with an aircraft, Boeing will analyze the information provided by Customer to determine the probable nature and cause of the problem and to suggest possible solutions. 

2.2 Schedule Reliability Support. If Customer is not satisfied with the schedule reliability of a specific model of aircraft,
Boeing will analyze information provided by Customer to determine the nature and cause of the problem and to suggest possible solutions. 
 2.3 Maintenance Cost Reduction Support. If Customer is concerned that actual maintenance costs of a specific model of aircraft are excessive, Boeing will analyze information provided by Customer to
determine the nature and cause of the problem and to suggest possible solutions. 

  

					
	AGTA-LAN	 	B	 	
		 	2-1	 	

 2.4 Aircraft Structural Repair Support. If Customer is designing structural repairs
and desires Boeing’s support, Boeing will analyze and comment on Customer’s engineering releases relating to structural repairs not covered by Boeing’s Structural Repair Manual. 

2.5 Aircraft Modification Support. If Customer is designing aircraft modifications and requests Boeing’s support, Boeing will
analyze and comment on Customer’s engineering proposals for changes in, or replacement of, systems, parts, accessories or equipment manufactured to Boeing’s detailed design. Boeing will not analyze or comment on any major structural change
unless Customer’s request for such analysis and comment includes complete detailed drawings, substantiating information (including any information required by applicable government agencies), all stress or other appropriate analyses, and a
specific statement from Customer of the substance of the review and the response requested. 
 2.6 Facilities, Ground
Equipment and Maintenance Planning Support. Boeing will, at Customer’s request, evaluate Customer’s technical facilities, tools and equipment for servicing and maintaining aircraft, to recommend changes where necessary and to assist in
the formulation of an overall maintenance plan. 
 2.7 Post-Delivery Service Support. Boeing will, at Customer’s
request, perform work on an aircraft after delivery but prior to the initial departure flight or upon the return of the aircraft to Boeing’s facility prior to completion of that flight. In that event the following provisions will apply.

 2.7.1 Boeing may rely upon the commitment authority of the Customer’s personnel requesting the work. 

2.7.2 As title and risk of loss has passed to Customer, the insurance provisions of Article 8.2 of the AGTA apply. 

2.7.3 The provisions of the Boeing Warranty in Part 2 of Exhibit C of this AGTA apply. 

2.7.4 Customer will pay Boeing for requested work not covered by the Boeing Warranty, if any. 

2.7.5 The DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES provisions in Article 12 of Part 2 of
Exhibit C of this AGTA apply. 
 2.8 Additional Services. Boeing may, at Customer’s request, provide additional
services for an aircraft after delivery, which may include retrofit kit changes (kits and/or information), training, maintenance and repair of aircraft. Such additional 

  

					
	AGTA-LAN	 	B	 	
		 	2-2	 	

 
services will be subject to a mutually acceptable price, schedule and scope of work. The DISCLAIMER AND RELEASE and the EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES provisions in Article 12 of
Part 2 of Exhibit C of this AGTA and the insurance provisions in Article 8.2 of this AGTA will apply to any such work. Title to and risk of loss of any such aircraft will always remain with Customer. 

  

					
	AGTA-LAN	 	B	 	
		 	2-3	 	

 CUSTOMER SUPPORT DOCUMENT 

PART 3: TECHNICAL INFORMATION AND MATERIALS 
  

	1.	General. 

Materials are defined as any and all items that are created by Boeing or a third party, which are provided directly or indirectly
from Boeing and serve primarily to contain, convey or embody information. Materials may include either tangible embodiments (for example, documents or drawings), or intangible embodiments (for example, software and other electronic forms) of
information but excludes Aircraft Software. Aircraft Software is defined as software that is installed on and used in the operation of the aircraft. 
 Boeing will furnish to Customer certain Materials to support the maintenance and operation of the aircraft at no additional charge to Customer, except as otherwise provided herein. Such Materials will, if
applicable, be prepared generally in accordance with Air Transport Association of America (ATA) Specification No. 100, entitled “Specification for Manufacturers’ Technical Data”. Materials will be in English and in the units of
measure used by Boeing to manufacture an aircraft. 
 Digitally-produced Materials will, if applicable, be prepared generally in accordance with
ATA Specification No. 2100, dated January 1994, “Digital Data Standards for Aircraft Support.” 
  

	2.	Materials Planning Conferences. 

 Customer and Boeing will conduct planning conferences approximately 12 months before the scheduled delivery month of the first aircraft of a model in order to mutually determine the proper format and
quantity of Materials to be furnished to Customer in support of the aircraft. 
 When available, Customer may select Boeing standard digital
format as the delivery medium or, alternatively, Customer may select a reasonable quantity of printed and 16mm microfilm formats. When Boeing standard digital format is selected, Customer may also select up to 5 copies of printed or microfilm format
copies, with the exception of the Illustrated Parts Catalog, which will be provided in one selected format only. 
  

	3.	Information and Materials - Incremental Increase. 

 Until one year after the month of delivery of the last aircraft covered by a specific purchase agreement, Customer may annually request in writing a reasonable increase in the quantity of Materials with
the exception of microfilm master copies, digital formats, 

  

					
	AGTA-LAN	 	B	 	
		 	3-1	 	

 
and others for which a specified number of copies are provided. Boeing will provide the additional quantity at no additional charge beginning with the next normal revision cycle. Customer may
request a decrease in revision quantities at any time. 
  

	4.	Advance Representative Copies. 

 All advance representative copies of Materials will be selected by Boeing from available sources. Such advance copies will be for advance planning purposes only. 

 

	5.	Customized Materials. 

All customized Materials will reflect the configuration of each aircraft as delivered. 

 

	6.	Revisions. 

 6.1
Revision Service. Boeing will provide revisions free of charge to certain Materials to be identified in the planning conference conducted for a specific model of aircraft, reflecting changes developed by Boeing, as long as Customer operates
an aircraft of that model. 
 6.2 Revisions Based on Boeing Service Bulletin Incorporation. If Boeing receives written
notice that Customer intends to incorporate, or has incorporated, any Boeing service bulletin in an aircraft, Boeing will at no charge issue revisions to Materials with revision service reflecting the effects of such incorporation into such
aircraft. 
  

	7.	Computer Software Documentation for Boeing Manufactured Airborne Components and Equipment. 

Boeing will provide to Customer a Computer Software Index containing a listing of (i) all programmed airborne avionics components and
equipment manufactured by Boeing or a Boeing subsidiary, designed and developed in accordance with Radio Technical Commission for Aeronautics Document No. RTCA/DO-178 dated January 1982, No. RTCA/DO-178A dated March 1985, or later as available,
and installed by Boeing in aircraft covered by the applicable purchase agreement and (ii) specific software documents (Software Documentation) available to Customer from Boeing for the listed components and equipment. 

Two copies of the Computer Software Index will be furnished to Customer with the first aircraft of a model. Revisions to the Computer Software Index
applicable to such model of aircraft will be issued to Customer as revisions are developed by Boeing for so long as Customer operates the aircraft. 
 Software Documentation will be provided to Customer upon written request. The charge to Customer for Software Documentation will be Boeing’s price to reproduce the Software Documentation requested.
Software Documentation will be prepared generally 

  

					
	AGTA-LAN	 	B	 	
		 	3-2	 	

 
in accordance with ATA Specification No. 102 revised April 20, 1983, “Specification for Computer Software Manual” but Software Documentation will not include, and Boeing will
not be obligated to provide, any code (including, but not limited to, original source code, assembled source code, or object code) on computer sensible media. 
  

	8.	Supplier Technical Data. 

8.1 For supplier-manufactured programmed airborne avionics components and equipment classified as Seller Furnished Equipment (SFE)
or Seller Purchased Equipment (SPE) which contain computer software designed and developed in accordance with Radio Technical Commission for Aeronautics Document No. RTCA/DO-178 dated January 1982, No. RTCA/DO-178A dated March 1985,
or later as available, Boeing will request that each supplier of the components and equipment make software documentation available to Customer in a manner similar to that described in Article 7 above. 

8.2 The provisions of this Article will not be applicable to items of BFE. 

8.3 Boeing will furnish to Customer a document identifying the terms and conditions of the product support agreements between Boeing and
its suppliers requiring the suppliers to fulfill Customer’s requirements for information and services in support of the specific model of aircraft. Customer will be entitled to enforce any such suppliers obligations directly against the
supplier and Boeing will provide such assistance in that regard as Customer might reasonable require. 
  

	9.	Buyer Furnished Equipment Data. 

 Boeing will incorporate BFE information into the customized Materials providing Customer makes the information available to Boeing at least nine months prior to the scheduled delivery month of
Customer’s first aircraft of a specific model. Customer agrees to furnish the information in Boeing standard digital format if Materials are to be delivered in Boeing standard digital format. 

 

	10.	Materials Shipping Charges. 

 Boeing will pay the reasonable transportation costs of the Materials. Customer is responsible for any customs clearance charges, duties, and taxes. 

 

	11.	Customer’s Shipping Address. 

 The Materials furnished to Customer hereunder are to be sent to a single address to be specified. Customer will promptly notify Boeing of any change to the address. 

  

					
	AGTA-LAN	 	B	 	
		 	3-3	 	

 CUSTOMER SUPPORT DOCUMENT 

PART 4: ALLEVIATION OR CESSATION OF PERFORMANCE 
 Boeing will not be required to provide any Materials, services, training or other things at a facility designated by Customer if and for as long as any of the following conditions exist: 

1. a labor stoppage or dispute in progress involving Customer; 
 2. wars or warlike operations, riots or insurrections in the country where the facility is located; 
 3. any condition at the facility which, in the opinion of Boeing, is detrimental to the general health, welfare or safety of its personnel or their families; 

4. the United States Government refuses permission to Boeing personnel or their families to enter into the country where the facility is
located, or recommends that Boeing personnel or their families leave the country; or 
 5. the United States Government refuses
permission to Boeing to deliver Materials, services, training or other things to the country where the facility is located. 
 After the
location of Boeing personnel at the facility, Boeing further reserves the right, upon the occurrence of any of such events, to immediately and without prior notice to Customer relocate its personnel and their families. 

  

					
	AGTA-LAN	 	B	 	
		 	4-1	 	

 CUSTOMER SUPPORT DOCUMENT 

PART 5: PROTECTION OF PROPRIETARY INFORMATION 
 AND PROPRIETARY MATERIALS 
  

	1.	General. 

 All Materials
provided by Boeing to Customer and not covered by a Boeing CSGTA or other agreement between Boeing and Customer defining Customer’s right to use and disclose the Materials and included information will be covered by, and subject to the terms of
this AGTA. Title to all Materials containing, conveying or embodying confidential, proprietary or trade secret information (Proprietary Information) belonging to Boeing or a third party (Proprietary Materials), will at all times remain with Boeing
or such third party. Customer will treat all Proprietary Materials and all Proprietary Information in confidence and use and disclose the same only as specifically authorized in this AGTA. 

 

	2.	License Grant. 

 Boeing
grants to Customer a worldwide, non-exclusive, non-transferable (subject to Articles 9.2 and 9.3) license to use and disclose Proprietary Materials in accordance with the terms and conditions of this AGTA. Customer is authorized to make copies of
Materials (except for Materials bearing the copyright legend of a third party), and all copies of Proprietary Materials will belong to Boeing and be treated as Proprietary Materials under this AGTA. Customer will preserve all proprietary legends,
and all copyright notices on all Materials and insure the inclusion of those legends and notices on all copies. 
  

	3.	Use of Proprietary Materials and Proprietary Information. 

 Customer is authorized to use Proprietary Materials and Proprietary Information for the purpose of: (a) operation, maintenance, repair, or modification of Customer’s aircraft for which the
Proprietary Materials and Proprietary Information have been specified by Boeing and (b) development and manufacture of training devices for use by Customer. 
  

	4.	Providing of Proprietary Materials to Contractors. 

 Customer is authorized to provide Proprietary Materials to Customer’s contractors for the sole purpose of maintenance, repair, or modification of Customer’s aircraft for which the Proprietary
Materials have been specified by Boeing. In addition, Customer may provide Proprietary Materials to Customer’s contractors for the sole purpose of developing and manufacturing training devices for Customer’s use. Before providing

  

					
	AGTA-LAN	 	B	 	
		 	5-1	 	

 
Proprietary Materials to its contractor, Customer will first obtain a written agreement from the contractor by which the contractor agrees (a) to use the Proprietary Materials only on behalf
of Customer, (b) to be bound by all of the restrictions and limitations of this Part 5, and (c) that Boeing is a third party beneficiary under the written agreement. Customer agrees to provide copies of all such written agreements to
Boeing upon request and be liable to Boeing for any breach of those agreements by a contractor. A sample agreement acceptable to Boeing is attached as Appendix VII. 
  

	5.	Providing of Proprietary Materials and Proprietary Information to Regulatory Agencies. 

When and to the extent required by a government regulatory agency having jurisdiction over Customer or an aircraft, Customer is authorized
to provide Proprietary Materials and to disclose Proprietary Information to the agency for use in connection with Customer’s operation, maintenance, repair, or modification of such aircraft. Customer agrees to take all reasonable steps to
prevent the agency from making any distribution, disclosure, or additional use of the Proprietary Materials and Proprietary Information provided or disclosed. Customer further agrees to notify Boeing immediately upon learning of any
(a) distribution, disclosure, or additional use by the agency, (b) request to the agency for distribution, disclosure, or additional use, or (c) intention on the part of the agency to distribute, disclose, or make additional use of
Proprietary Materials or Proprietary Information. 

  

					
	AGTA-LAN	 	B	 	
		 	5-2	 	

 EXHIBIT C 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-LAN 

between 

THE BOEING COMPANY 
 and 
 LANCHILE S.A. 

PRODUCT ASSURANCE DOCUMENT 
  

			
		  	This document contains:
		
	 Part 1:
	  	Exhibit C Definitions
		
	 Part 2:
	  	Boeing Warranty
		
	 Part 3:
	  	Boeing Service Life Policy
		
	 Part 4:
	  	Supplier Warranty Commitment
		
	 Part 5:
	  	Boeing Interface Commitment
		
	 Part 6:
	  	Boeing Indemnities against Patent and Copyright Infringement

  

					
	AGTA-LAN	 	C	 	
		 	iii	 	

 PRODUCT ASSURANCE DOCUMENT 

PART 1: EXHIBIT C DEFINITIONS 
 Authorized Agent — Agent appointed by Customer to perform corrections and to administer warranties (see Appendix VI to the AGTA for a form acceptable to Boeing). 

Average Direct Hourly Labor Rate — is the average hourly rate (excluding all fringe benefits, premium-time allowances,
social charges, business taxes and the like) paid by Customer to its Direct Labor employees. 
 Boeing Product
— any system, accessory, equipment, part or Aircraft Software that is manufactured by Boeing or manufactured to Boeing’s detailed design with Boeing’s authorization. 

Correct — to repair, modify, provide modification kits or replace with a new product. 

Correction — a repair, a modification, a modification kit or a new product. 

Corrected Boeing Product — a Boeing Product which is free of defect as a result of a Correction. 

Direct Labor — Labor spent by direct labor employees to remove, disassemble, modify, repair, inspect and bench test a
defective Boeing Product, and to reassemble, final inspection and reinstall a Corrected Boeing Product. 
 Direct
Materials — Items such as parts, gaskets, grease, sealant and adhesives, installed or consumed in performing a Correction, excluding allowances for administration, overhead, taxes, customs duties and the like. 

Source Control Drawing (SCD) — a Boeing document defining specifications for certain Supplier Products. 

Supplier — the manufacturer of a Supplier Product. 

Supplier Product — any system, accessory, equipment, part or Aircraft Software that is not manufactured to
Boeing’s detailed design. This includes but is not limited to parts manufactured to a SCD, all standards, and other parts obtained from non-Boeing sources. 
 Warranty Inspections — inspections of Boeing Products performed during the warranty period that are recommended by a service bulletin or service letter. 

  

					
	AGTA-LAN	 	C	 	
		 	1-1	 	

 PRODUCT ASSURANCE DOCUMENT 

PART 2: BOEING WARRANTY 
  

	1.	Warranty Applicability. 

This warranty applies to all Boeing Products. Warranties applicable to Supplier Products are in Part 4. Warranties applicable to engines
will be provided by Supplemental Exhibits to individual purchase agreements. 
  

	2.	Warranty. 

  

	 	2.1	Coverage. Boeing warrants that at the time of aircraft delivery: 

  

	 	(i)	the aircraft will conform to the Detail Specification except for portions stated to be estimates, approximations or design objectives; 

 

	 	(ii)	all Boeing Products in the aircraft will be free from defects in material and workmanship, including process of manufacture; 

 

	 	(iii)	all Boeing Products in the aircraft will be free from defects in design, including selection of materials and the process of manufacture, in view of the state of the
art at the time of design, and 

  

	 	(iv)	the workmanship utilized to install Supplier Products, engines and BFE will be free from defects. 

2.2 Exceptions. The following conditions do not constitute a defect under this warranty: 

 

	 	(i)	conditions resulting from normal wear and tear; 

  

	 	(ii)	conditions resulting from acts or omissions of Customer; and 

  

	 	(iii)	conditions resulting from failure to properly service and maintain the aircraft. 

 

	3.	Warranty Periods. 

 3.1
Warranty. The warranty period begins on the date of aircraft delivery and expires 48 months thereafter, except for the models of aircraft listed below, for which models the warranty period is 36 months. 

 

			
	  	 	 36 months

		 	 737-300

		 	 737-400

		 	 737-500

		 	 757-200

		 	 757-300

		 	 767-200

		 	 767-300

		 	 767-400

		 	 747-400

  

					
	AGTA-LAN	 	C	 	
		 	2-1	 	

 3.2 Warranty on Corrected Boeing Products. The warranty period applicable to a
Corrected Boeing Product, including the workmanship to Correct and install, resulting from a defect in material or workmanship is the remainder of the warranty period for the defective Boeing Product it replaced. The warranty period for a Corrected
Boeing Product resulting from a defect in design is 18 months or the remainder of the initial warranty period, whichever is longer. The 18 month period begins on the date of delivery of the Corrected Boeing Product or date of delivery of the kit or
kits furnished to Correct the Boeing Product. 
 3.3 Survival of Warranties. All warranty periods are stated above. The
Performance Guarantees will not survive delivery of the aircraft. 
  

	4.	Remedies. 

 4.1 Defect
Correction. At Customer’s option, Boeing as soon as reasonably practicable will either Correct or reimburse Customer to Correct defects in Boeing Products discovered during the warranty period. 

4.2 Warranty Labor Rate. If Customer or its Authorized Agent Corrects a defective Boeing Product, reimbursement to Customer for
Direct Labor Hours will be provided at Customer’s established Warranty Labor Rate. Customer’s established Warranty Labor Rate will be the greater of the standard labor rate or 150% of Customer’s Average Direct Hourly Rate. The
standard labor rate paid by Boeing to its customers is established and published annually. Prior to or concurrently with submittal of Customer’s first claim for Direct Labor reimbursement, Customer will notify Boeing of Customer’s
then-current average direct hourly labor rate, and thereafter notify Boeing of any material change in such rate. Boeing will require information from Customer to substantiate such rates. 

  

					
	AGTA-LAN	 	C	 	
		 	2-2	 	

 4.3 Warranty Inspections. In addition to the remedies to Correct defects in Boeing
Products, Boeing will reimburse Customer for cost of Direct Labor to perform certain inspections of the aircraft to determine whether or not a covered defect exists in a Boeing Product, provided: 

4.3.1 the inspections are recommended by a service bulletin or service letter issued by Boeing during the warranty period; and

 4.3.2 such reimbursement will not apply to any inspections performed after a Correction is available to Customer. 

4.4 Credit Memorandum Reimbursement. Boeing will make all reimbursements by credit memoranda which may be applied toward the
purchase of Boeing goods and services. 
 4.5 Maximum Reimbursement. Unless previously agreed, the maximum reimbursement
for Direct Labor and Direct Materials used to Correct ( but not replace) a defective Boeing Product will not exceed 65% of Boeing’s then-current sales price for a new replacement Boeing Product. 

 

	5.	Discovery and Notice. 

5.1 For a claim to be valid: 
  

	 	(i)	the defect must be discovered during the warranty period; and 

  

	 	(ii)	Boeing Product Assurance Contracts must receive written notice of the discovery no later than 90 days after expiration of the warranty period. The notice must include
sufficient information to substantiate the claim in accordance with Article 6.2. 

 5.2 Receipt of Customer’s
notice of the discovery of a defect secures Customer’s rights to remedies under this Exhibit C, whether or not Customer has performed the Correction at the time of the notice. 

5.3 Once Customer has given valid notice of the discovery of a defect, claims may be submitted at any time after performance of the
Correction. 
 5.4 Boeing may release service bulletins or service letters advising Customer of the availability of certain
warranty remedies. When such advice is provided, Customer will be deemed to have fulfilled the requirements for discovery of the defect and submittal of notice under this Exhibit C as of the date specified in the service bulletin or service letter.

  

					
	AGTA-LAN	 	C	 	
		 	2-3	 	

	6.	Filing a Claim. 

 6.1
Authority to File. Claims may be filed by Customer or the Authorized Agent that Customer appoints to act on Customer’s behalf. Such appointment will only be effective upon Boeing’s receipt of the Authorized Agent’s express
written agreement, substantially in the form set out in Appendix VI or such other form as is reasonably acceptable to Boeing. 

6.2 Claim Information. 
 6.2.1 Claimant is responsible for providing sufficient information to substantiate Customer’s rights to remedies under this Exhibit C. Boeing may reject a claim for lack of sufficient information if
such information was requested but not provided . At a minimum, such information must include: 
  

	 	(i)	identity of claimant; 

  

	 	(ii)	serial or block number of the aircraft on which the defective Boeing Product was delivered; 

 

	 	(ii)	part number of defective Boeing Product; 

  

	 	(iii)	purchase order number and date of delivery of a spare part 

  

	 	(iv)	description and substantiation of defect; and 

  

	 	(v)	date the defect was discovered. 

  

	 	(vi)	date the Correction was completed. 

 6.2.2 Additional information may be required based on the nature of the defect and the remedies requested. 
 6.3 Boeing Claim Processing. 
 6.3.1 All claims must be signed and
submitted in writing directly by Customer or its Authorized Agent to Boeing Product Assurance Contracts. 
 6.3.2 Boeing will
promptly review the claim and will give notification of claim approval or rejection. If the claim is rejected, Boeing will provide a written explanation. 

  

					
	AGTA-LAN	 	C	 	
		 	2-4	 	

	7.	Limited Warranty for Certain Materials. 

 7.1 Boeing warrants that, at the time of delivery, all information contained in Materials (as defined in paragraph 1 of Part 3 of Exhibit B) created by Boeing will be correct (although Boeing provides no
warranty as to its completeness which Customer hereby acknowledges) and the media in which that Material is conveyed will be free from defects. In the case where such Materials are provided by on-line electronic access, media is the digital format
transmitted from Boeing. 
 7.2 Warranty Periods and Claims. The warranty period with respect to any incorrect Materials
created by Boeing or defect in the media in which the Material is conveyed begins at delivery of the Materials and ends 48 months after delivery of the Materials. 
 The claimed incorrect Material or defect in media must become apparent to Customer within the applicable warranty period, and the Boeing Product Assurance Regional Manager must receive written notice
thereof at the earliest practicable time after it becomes apparent to Customer, but in no event later than 90 days after expiration of the applicable warranty period. 
 7.3 Remedy. Customer’s remedy for any incorrect Material or a defect in media is replacement of the erroneous Materials with correct Materials and/or correction of the defect in media.

  

	8.	Corrections Performed by Customer. 

 8.1 Facilities Requirements. Customer may at its option Correct defective Boeing Products at its facilities or may subcontract Corrections to a third party contractor or an Authorized Agent.

 8.2 Technical Requirements. All Corrections done by Customer, a third party contractor or Customer’s Authorized
Agent must be performed in accordance with Boeing’s applicable service manuals, bulletins or other written instructions, using parts and materials furnished or approved by Boeing. 

8.3 Reimbursement. 
 8.3.1 Boeing will reimburse for reasonable costs of Direct Materials and Direct Labor (excluding time expended for normal overhaul) at Customer’s Warranty Labor Rate to Correct a defective Boeing
Product. Claims for reimbursement must contain sufficient information to substantiate Direct Labor hours expended and Direct Materials consumed. Customer, the third party contractor, or Customer’s Authorized Agent may be required to produce
invoices for materials. 
 8.3.2 Reimbursement for Direct Labor hours to perform Corrections stated in a service bulletin will
be based on the labor estimates in the service bulletin. 

  

					
	AGTA-LAN	 	C	 	
		 	2-5	 	

 8.3.3 Boeing will reimburse Customer for freight charges associated with Corrections
performed by a third party contractor or Customer’s Authorized Agent. 
 8.4 Disposition of Defective Boeing Products
Beyond Economical Repair. 
 8.4.1 Defective Boeing Products that are found to be beyond economical repair will be retained
for a period of 60 days from the date Boeing receives Customer’s claim. Boeing may request return of such Boeing Products during the 60 day period for inspection and confirmation of a defect. 

8.4.2 After the 60 day period, a defective Boeing Product with a value of U.S. $2000 or less may be scrapped without notification to
Boeing. If such Product has a value greater than U.S. $2000, Customer must obtain confirmation of unrepairability by Boeing’s on-site Customer Services Representative prior to scrapping. Confirmation may be in the form of the
Representative’s signature on Customer’s claim or through direct communication between the Representative and Boeing Product Assurance Contracts. 
  

	9.	Corrections Performed by Boeing. 

 9.1 Freight Charges. Customer will pay shipping charges to return a defective Boeing Product to Boeing. Boeing will reimburse Customer for the charge for any item determined to be defective under
this Aircraft General Terms Agreement. Boeing will pay shipping charges to return the Corrected Boeing Product. 
 9.2
Customer Instructions. The documentation shipped with the returned defective Boeing Product may include specific technical instructions for work to be performed on the Boeing Product. The absence of such instructions will evidence
Customer’s authorization for Boeing to proceed to perform all necessary Corrections and work required to return the Boeing Product to a serviceable condition. 
 9.3 Correction Time Objectives. 
 9.3.1 Boeing’s objective for making
Corrections is 10 working days for avionics and electronic Boeing Products, 30 working days for Corrections of other Boeing Products performed at Boeing’s facilities, and 40 working days for Corrections of other Boeing Products performed at a
Boeing subcontractor’s facilities. The objectives are measured from the date Boeing receives the defective Boeing Product and a valid claim to the date Boeing ships the Correction. 

9.3.2 If Customer has a critical parts shortage because Boeing has exceeded a Correction time objective and Customer has procured spare
Boeing Products for the defective Boeing Product in quantities shown in Boeing’s Recommended Spare Parts List (RSPL), then Boeing will either expedite the Correction or provide a similar Product on a no charge loan or lease basis until a
Corrected Boeing Product is returned. 

  

					
	AGTA-LAN	 	C	 	
		 	2-6	 	

 9.4 Title Transfer and Risk of Loss. 

9.4.1 Title to and risk of loss of any Boeing Product returned to Boeing will at all times remain with Customer or any other title holder
of such Boeing Product. While Boeing has possession of the returned Boeing Product, Boeing will have only such liabilities as a bailee for mutual benefit would have, but will not be liable for loss of use. 

9.4.2 If a Correction requires shipment of a new Boeing Product, then at the time Boeing ships the new Boeing Product, title to and risk
of loss for the returned Boeing Product will pass to Boeing, and title to and risk of loss for the new Boeing Product will pass to Customer. 
  

	10.	Returning an Aircraft. 

10.1 Conditions. An aircraft may be returned to Boeing’s facilities for Correction only if: 

 

	 	(i)	Boeing and Customer agree a defect exists; 

  

	 	(ii)	Customer lacks access to adequate facilities, equipment or qualified personnel to perform the Correction; and 

 

	 	(iii)	it is not practical, in Boeing’s estimation, to dispatch Boeing personnel to perform the Correction at a remote site. 

10.2 Correction Costs. Boeing will perform the Correction at no charge to Customer. Subject to the conditions of Article 10.1,
Boeing will reimburse Customer for the costs of fuel, oil and landing fees incurred in ferrying the aircraft to Boeing and back to Customer’s facilities. Customer will minimize using all reasonable endeavors the length of both flights.

 10.3 Separate Agreement. Boeing and Customer will enter into a separate agreement covering return of the aircraft and
performance of the Correction. Authorization by Customer for Boeing to perform additional work that is not part of the Correction must be received within 24 hours of Boeing’s request. If such authorization is not received within 24 hours,
Customer will be invoiced for work performed by Boeing that is not part of the Correction (unless Customer has instructed Boeing within such 24 hour period not to carry out such additional work). 

 

	11.	Insurance. 

 The
provisions of Article 8.2 “Insurance”, of the AGTA, will apply to any work performed by Boeing in accordance with Customer’s specific technical instructions, to the extent any legal liability of Boeing is based upon the content of
such instructions. 

  

					
	AGTA-LAN	 	C	 	
		 	2-7	 	

	12.	Disclaimer and Release; Exclusion of Liabilities. 

 12.1 DISCLAIMER AND RELEASE. THE WARRANTIES, OBLIGATIONS AND LIABILITIES OF BOEING AND THE REMEDIES OF CUSTOMER IN THIS EXHIBIT C ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND CUSTOMER HEREBY WAIVES,
RELEASES AND RENOUNCES, ALL OTHER WARRANTIES, OBLIGATIONS AND LIABILITIES OF BOEING AND ALL OTHER RIGHTS, CLAIMS AND REMEDIES OF CUSTOMER AGAINST BOEING, EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO ANY NONCONFORMANCE OR DEFECT
IN ANY AIRCRAFT, BOEING PRODUCT, MATERIALS, TRAINING, SERVICES OR OTHER THING PROVIDED UNDER THIS AGTA AND THE APPLICABLE PURCHASE AGREEMENT, INCLUDING, BUT NOT LIMITED TO: 

 

	 	(A)	ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

  

	 	(B)	ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE; 

 

	 	(C)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY IN TORT, WHETHER OR NOT ARISING FROM THE NEGLIGENCE OF BOEING; AND 

 

	 	(D)	ANY OBLIGATION, LIABILITY, RIGHT, CLAIM OR REMEDY FOR LOSS OF OR DAMAGE TO ANY AIRCRAFT. 

12.2 EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES. BOEING WILL HAVE NO OBLIGATION OR LIABILITY, WHETHER ARISING IN CONTRACT
(INCLUDING WARRANTY), TORT, WHETHER OR NOT ARISING FROM THE NEGLIGENCE OF BOEING, OR OTHERWISE, FOR LOSS OF USE, REVENUE OR PROFIT, OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NONCONFORMANCE OR DEFECT IN ANY AIRCRAFT,
BOEING PRODUCT, MATERIALS, TRAINING, SERVICES OR OTHER THING PROVIDED UNDER THIS AGTA AND THE APPLICABLE PURCHASE AGREEMENT. 

12.3 Definitions. For the purpose of this Article, “BOEING” or “Boeing” is defined as The Boeing Company, its
divisions, subsidiaries, affiliates, the assignees of each, and their respective directors, officers, employees and agents. 

  

					
	AGTA-LAN	 	C	 	
		 	2-8	 	

 PRODUCT ASSURANCE DOCUMENT 

PART 3: BOEING SERVICE LIFE POLICY 
  

	1.	Definitions. 

 SLP
Component — any of the primary structural elements (excluding industry standard parts) of the landing gear, wing, fuselage, vertical or horizontal stabilizer listed in the applicable purchase agreement for a specific model of aircraft that
is installed in the aircraft at time of delivery or is purchased from Boeing by Customer as a spare part. The detailed SLP Component listing will be in Supplemental Exhibit SLP1 to each Purchase Agreement. 

 

	2.	Service Life Policy. 

 2.1
SLP Commitment. If a failure or defect is discovered in a SLP Component within the time periods specified in Article 2.2 below, Boeing will as soon as reasonable practical, at a price calculated pursuant to Article 3 below, Correct the SLP
Component. If any such defect is discovered during an applicable warranty period, then the customer shall be entitled to process a warranty claim under Part 2 of Exhibit C in lieu of any claim under this Service Life Policy. 

2.2 SLP Policy Periods. 
 2.2.1 The policy period for SLP Components initially installed on an aircraft is 12 years after the date of delivery of the aircraft. 

2.2.2 The policy period for SLP Components purchased from Boeing by Customer as spare parts is 12 years from delivery of such SLP
Component or 12 years from the date of delivery of the last aircraft produced by Boeing of a specific model, whichever first expires. 
  

	3.	Price. 

 The price that
Customer will pay for the Correction of a defective or failed SLP Component will be calculated pursuant to the following formula: 
  

			
	 P =
	  	CT 
		  	144

 where: 
  

			
	 P =
	  	price to Customer
		
	 C =
	  	SLP Component catalog price at time of Correction
		
	 T =
	  	total age in months of the defective or failed SLP Component from the date of delivery to Customer to the date of discovery of such condition.

  

  

					
	AGTA-LAN	 	C	 	
		 	3-1	 	

	4.	Conditions. 

Boeing’s obligations under this Policy are conditioned upon the following: 

4.1 Customer must notify Boeing in writing three months after the date of discovery of the defect or failure. 

4.2 Customer must provide reasonable evidence that the claimed defect or failure is covered by this Policy and if requested by Boeing on
reasonable grounds, that such defect or failure was not the result of (I) a defect or failure in a component not covered by this Policy, (ii) an extrinsic force, (iii) an act or omission of Customer, or (iv) operation or
maintenance contrary to applicable governmental regulations or Boeing’s instructions. 
 4.3 If return of a defective or
failed SLP Component is practicable and requested by Boeing, Customer will return such SLP Component to Boeing at Boeing’s expense. 
 4.4 Customer’s rights and remedies under this Policy are limited to the receipt of a Correction at prices calculated pursuant to Article 3 above. 

 

	5.	Disclaimer and Release; Exclusion of Liabilities. 

 This Part 3 and the rights and remedies of Customer and the obligations of Boeing are subject to the DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES provisions of Article 12 of
Part 2 of this Exhibit C. 

  

					
	AGTA-LAN	 	C	 	
		 	3-2	 	

 PRODUCT ASSURANCE DOCUMENT 

PART 4: SUPPLIER WARRANTY COMMITMENT 
  

	1.	Supplier Warranties and Supplier Patent Indemnities. 

 Boeing will use diligent efforts to obtain warranties and indemnities against patent infringement enforceable by Customer from Suppliers of Supplier Products (except for engines) installed on the aircraft
at the time of delivery that were selected and purchased by Boeing, but not manufactured to Boeing’s detailed design. Boeing will furnish copies of the warranties and patent indemnities to Customer in Boeing Document D6-56115, Product Support
and Product Assurance Supplier Defined Equipment Information, prior to the scheduled delivery month of the first aircraft under the initial purchase agreement to the AGTA. 

 

	2.	Boeing Assistance in Administration of Supplier Warranties. 

 Customer will be responsible for submitting warranty claims directly to Suppliers; however, if Customer experiences problems enforcing any Supplier warranty obtained by Boeing for Customer, Boeing will
conduct an investigation of the problem and assist Customer in the resolution of those claims. 
  

	3.	Boeing Support in Event of Supplier Default. 

 3.1 If the Supplier defaults in the performance of a material obligation under its warranty, and Customer provides evidence to Boeing that a default has occurred, then Boeing will furnish the equivalent
warranty terms as provided by the defaulting Supplier. 
 3.2 At Boeing’s request, Customer will assign to Boeing, and
Boeing will be subrogated to, its rights against the Supplier provided by the Supplier warranty. 

  

					
	AGTA-LAN	 	C	 	
		 	4-1	 	

 PRODUCT ASSURANCE DOCUMENT 

PART 5: BOEING INTERFACE COMMITMENT 
  

	1.	Interface Problems. 

 An
Interface Problem is defined as a technical problem in the operation of an aircraft or its systems experienced by Customer, the cause of which is not readily identifiable by Customer but which Customer believes to be attributable to the
design characteristics of the aircraft or its systems. In the event Customer experiences an Interface Problem, Boeing will, without additional charge to Customer, promptly conduct an investigation and analysis to determine the cause or causes of the
Interface Problem. Boeing will promptly advise Customer at the conclusion of its investigation of Boeing’s opinion as to the causes of the Interface Problem and Boeing’s recommendation as to corrective action. 

 

	2.	Boeing Responsibility. 

If Boeing determines that the Interface Problem is primarily attributable to the design of any Boeing Product, Boeing will Correct the
design to the extent of any then-existing obligations of Boeing under the provisions of the applicable Boeing Warranty or Boeing Service Life Policy. 
  

	3.	Supplier Responsibility. 

If Boeing determines that the Interface Problem is primarily attributable to the design of a Supplier Product, Boeing will assist Customer
in processing a warranty claim against the Supplier. 
  

	4.	Joint Responsibility. 

 If
Boeing determines that the Interface Problem is partially attributable to the design of a Boeing Product and partially to the design of a Supplier Product, Boeing will seek a solution to the Interface Problem through the cooperative efforts of
Boeing and the Supplier and will promptly advise Customer of the resulting corrective actions and recommendations. 
  

	5.	General. 

 Customer will,
if requested by Boeing, assign to Boeing any of its rights against any supplier as Boeing may require to fulfill its obligations hereunder. 

  

					
	AGTA-LAN	 	C	 	
		 	5-1	 	

	6.	Disclaimer and Release; Exclusion of Liabilities. 

 This Part 5 and the rights and remedies of Customer and the obligations of Boeing herein are subject to the DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES provisions of Article 12
of Part 2 of this Exhibit C. 

  

					
	AGTA-LAN	 	C	 	
		 	5-2	 	

 PRODUCT ASSURANCE DOCUMENT 

PART 6: BOEING INDEMNITIES AGAINST PATENT 
 AND COPYRIGHT INFRINGEMENT 
  

	1.	Indemnity Against Patent Infringement. 

 Boeing will defend and indemnify Customer with respect to all claims, suits and liabilities arising out of any actual or alleged patent infringement through Customer’s use, lease or resale of any
aircraft or any Boeing Product installed on an aircraft at delivery. 
  

	2.	Indemnity Against Copyright Infringement. 

 Boeing will defend and indemnify Customer with respect to all claims, suits and liabilities arising out of any actual or alleged copyright infringement through Customer’s use, lease or resale of any
Boeing created Aircraft Software installed on an aircraft at delivery. 
  

	3.	Exceptions, Limitations and Conditions. 

 3.1 Boeing’s obligation to indemnify Customer for patent infringement will extend only to infringements in countries which, at the time of the infringement, were party to and fully bound by either
(a) Article 27 of the Chicago Convention on International Civil Aviation of December 7, 1944, or (b) the International Convention for the Protection of Industrial Property (Paris Convention). 

3.2 Boeing’s obligation to indemnify Customer for copyright infringement is limited to infringements in countries which, at the time
of the infringement, are members of The Berne Union and recognize computer software as a “work” under The Berne Convention. 
 3.3 The indemnities provided under this Part 6 will not apply to any (i) BFE, (ii) engines, (iii) Supplier Product (iv) Boeing Product used other than for its intended purpose, or
(v) Aircraft Software not created by Boeing. 
 3.4 Customer must deliver written notice to Boeing (i) within 10 days
after Customer first receives notice of any suit or other formal action against Customer and (ii) within 20 days after Customer first receives any other allegation or written claim of infringement covered by this Part 6. 

3.5 At any time, Boeing will have the right at its option and expense to: (i) negotiate with any party claiming infringement,
(ii) assume or control the defense of any infringement allegation, claim, suit or formal action, (iii) intervene in any infringement suit or formal action , and/or (iv) attempt to resolve any claim of infringement by replacing an
allegedly infringing Boeing Product or Aircraft Software with a noninfringing equivalent. 

  

					
	AGTA-LAN	 	C	 	
		 	6-1	 	

 3.6 Customer will promptly furnish to Boeing all information, records and assistance within
Customer’s possession or control which Boeing considers relevant or material to any alleged infringement covered by this Part 6. 
 3.7 Except as required by a final judgment entered against Customer by a court of competent jurisdiction from which no appeals can be or have been filed, Customer will obtain Boeing’s written
approval (which shall not be unreasonably withheld if payment is accompanied by a denial of liability and a full reservation of Customer’s and Boeing’s rights) prior to paying, committing to pay, assuming any obligation or making any
material concession relative to any infringement covered by these indemnities. 
 3.8 BOEING WILL HAVE NO OBLIGATION OR
LIABILITY UNDER THIS PART 6 FOR LOSS OF USE, REVENUE OR PROFIT, OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES. THE OBLIGATIONS OF BOEING AND REMEDIES OF CUSTOMER IN THIS PART 6 ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND CUSTOMER HEREBY
WAIVES, RELEASES AND RENOUNCES ALL OTHER INDEMNITIES, OBLIGATIONS AND LIABILITIES OF BOEING AND ALL OTHER RIGHTS, CLAIMS AND REMEDIES OF CUSTOMER AGAINST BOEING, EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO ANY ACTUAL OR ALLEGED
PATENT, COPYRIGHT OR OTHER INTELLECTUAL PROPERTY INFRINGEMENT OR THE LIKE BY ANY AIRCRAFT, BOEING PRODUCT, AIRCRAFT SOFTWARE, MATERIALS, TRAINING, SERVICES OR OTHER THING PROVIDED UNDER THIS AGTA AND THE APPLICABLE PURCHASE AGREEMENT. 

3.9 For the purposes of this Part 6, “BOEING or Boeing” is defined as The Boeing Company, its divisions, subsidiaries,
affiliates, the assignees of each and their respective directors, officers, employees and agents. 

  

					
	AGTA-LAN	 	C	 	
		 	6-2	 	

 EXHIBIT D 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-LAN 

between 

THE BOEING COMPANY 
 and 
 LANCHILE S.A. 

ESCALATION ADJUSTMENT 
 AIRFRAME AND OPTIONAL FEATURES 
 (For Model 737-600, 737-700 and
737-800, Airframe 
 Price Includes the Engine Price) 

  

					
	AGTA-LAN	 	D	 	
		 	i	 	

 EXHIBIT D 
 ESCALATION ADJUSTMENT 
  

	1.	[***] 

 “[***]” This information is
subject to confidential treatment and has been omitted and filed separately with the commission. 

  

					
	AGTA-LAN	 	D	 	
		 	1	 	

 EXHIBIT D-1 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-LAN 

between 

THE BOEING COMPANY 
 and 
 LANCHILE S.A. 

ESCALATION ADJUSTMENT 
 AIRFRAME AND OPTIONAL FEATURES 
 (For Model 717-200, 737-600,
737-700, 737-800 and 737-900, the Airframe 
 Price Includes the Engine Price at its basic thrust level.) 

  

					
	AGTA-LAN	 	D	 	
		 	i	 	

 EXHIBIT D-1 
 ESCALATION ADJUSTMENT 
  

	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 the applicable 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: 
 [***] 
 “[***]” This information is subject to confidential treatment and has been
omitted and filed separately with the commission. 

  

					
	AGTA-LAN	 	D-1	 	SA 1
		 	2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}]]