Document:

Document

Exhibit 10.1

Supplemental Agreement No. 15
to
Purchase Agreement No. 03776
between
The Boeing Company
and
United Airlines, Inc.
Relating to Boeing Model 737 *** Aircraft
THIS SUPPLEMENTAL AGREEMENT, entered into as of February 26, 2021, by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (Customer) (SA-15); 
WHEREAS, the parties hereto entered into Purchase Agreement No. 3776 dated July 12, 2012, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing model 737 *** aircraft (Aircraft).  This Supplemental Agreement is an amendment to the Purchase Agreement; and
WHEREAS, solely to conform and further amend the Purchase Agreement to reflect Customer and Boeing’s agreement regarding the following matters without duplication of any consideration being provided to Customer to (i) revise scheduled delivery of certain Aircraft; and (ii) revise certain promotional support elements; and
WHEREAS, Boeing and Customer agree to (i) add the remaining 737-*** Aircraft to the Open Configuration Matters letter; and (ii) *** 737-*** Aircraft for *** 737-*** Aircraft as follows:
												
		Manufacturer Serial Number*	737-*** Aircraft Delivery Month at January 1, 2021 
	737-*** Aircraft Delivery Month Commencing with SA-15 to Purchase Agreement

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

                   * Manufacturer Serial Numbers are subject to change
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows: 
1.Table of Contents.
The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-15”).
2.Tables.
    2.1    Table 1.1 entitled “Follow-On 737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached Table 1.1 (identified by “SA-15”) to revise for *** 737-*** Aircraft to such table. 
UAL-PA-03776         SA-15, Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY

Supplemental Agreement No. 15 to
Purchase Agreement No. 03776

     2.2     Table 1B entitled “737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached Table 1A (identified by “SA-15”) to revise scheduled delivery of certain Aircraft. 
    2.3     Table 1A entitled “737-*** Aircraft Delivery, Description, Price and ***” is deleted in its entirety and replaced with the attached Table 1B (identified by “SA-15”) to revise scheduled delivery of certain Aircraft and *** 737-*** Aircraft from the Table.
3.Letter Agreements.
   3.1   Letter Agreement UAL-PA-03776-LA-1207643R2 titled “Open Matters 737-*** Aircraft” is deleted in its entirety and replaced with UAL-PA-03776-LA-1207643R3 and retitled “Open Matters 737-*** and 737-*** Aircraft” (identified by “SA-5”) to add the 737-*** Aircraft to the letter.
    3.2    Letter Agreement UAL-PA-03776-LA-1207646R3 titled “Promotional Support” is deleted in its entirety and replaced with UAL-PA-03776-LA-1207646R4 (identified by “SA-5”) to revise certain promotional support elements. 
4.Miscellaneous.
      4.1    The following letter agreements are deemed to revise references as follows:
									
		Original Reference	Replacement Reference
	Purchase Agreement Basic Articles	Reference to “Table 1”
(i) Opening Paragraph 1
(ii) Article 2
(iii) Article 3.1
(iv) Article 4.1 & 4.2
(v) Article 5.1
	“Table 1, Table 1.1, Table 1A and Table 1B”
	Supplemental Exhibit AE2	Reference to “Table 1 and Table 1A”
(i) Article 1
(ii) Notes to Article 1
	“Table 1A and Table 1B”
	Supplemental Exhibit EE1	Reference to “Table 1”
Articles 2.6.2 and 5.1
	“Table 1, Table 1.1, Table 1A and Table 1B”
	Letter Agreement UAL-PA-03776-LA-1207637R3 titled “*** Matters” 	Reference to “Table 1”
Article 1.1
	“Table 1, Table 1.1, Table 1A and Table 1B”
	Letter Agreement UAL-PA-03776-LA-1207647 titled Seller Purchased Equipment”	Reference to “Table 1” 
Articles 2.6.2 and 5.1
	“Table 1, Table 1.1, Table 1A and Table 1B”
	Letter Agreement UAL-LA-1604287 titled “Certain *** (Letter Agreement)”
	Reference to “Table 1”
Article 1
	“Table 1, Table 1.1, Table 1A and Table 1B”
	Letter Agreement UAL-LA-1604287 titled “Certain *** (Letter Agreement)” 
	Reference to “Table 1”
Article 1.1
	“Table 1, Table 1.1, Table 1A and Table 1B”

UAL-PA-03776        SA-15, Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY

Supplemental Agreement No. 15 to
Purchase Agreement No. 03776

									
	Letter Agreement UAL-PA-03776-LA-1703858R1 titled “*** for the 737-*** Aircraft” 
	Reference to “Table 1A”
Article 1
	“Table 1A and Table 1B”
	Letter Agreement UAL-PA-03776-LA-1207650R4 titled “Special Matters”

	§1.2	“The parties agree to the following *** which will be applicable to (i) *** Boeing Model 737-*** aircraft specified in Table 1 and Table 1.1 and (ii) the *** Boeing Model 737-*** aircraft specified in Table 1A, at the effective date of this Letter Agreement and as may be ***. The combined total of *** aircraft comprise the Special *** Aircraft.”
	“The parties agree to the following *** which will be applicable to (i) *** Boeing Model 737-*** aircraft specified in Table 1 and Table 1.1 and (ii) the *** Boeing Model 737-*** aircraft specified in Table 1A and Table 1B, at the effective date of this Letter Agreement and as may be ***. The combined total of *** aircraft comprise the Special *** Aircraft.”

	Letter Agreement UAL-PA-03776-LA-1703858R1 titled “*** for the 737-*** Aircraft”

	§1	Reference to “Table 1”
Article 1
	“Table 1A and Table 1B”
	§1.2	“737-*** Program Aircraft means each 737-*** Aircraft specified in Table 1A of the Purchase Agreement as of the date of this Letter Agreement.”
	“737-*** Program Aircraft means each 737-*** Aircraft specified in Table 1A and Table 1B of the Purchase Agreement as of the date of this Letter Agreement.”

4.2    If Boeing or Customer determines that references described in Section 3.1 of this Supplemental Agreement No. 15 should be further amended, then Boeing and Customer will work together for a mutually agreeable solution.
The Purchase Agreement will be deemed supplemented to the extent provided herein as of the date hereof and as so supplemented will continue in full force and effect.

***EXECUTED IN DUPLICATE as of the day and year first written above.
UAL-PA-03776        SA-15, Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY

Supplemental Agreement No. 15 to
Purchase Agreement No. 03776

									
	THE BOEING COMPANY		UNITED AIRLINES, INC.
			
			
	/s/ Irma L. Krueger		/s/ Gerald Laderman
	Signature		Signature
			
			
	Irma L. Krueger		Gerald Laderman
	Printed Name		Printed Name
			
			
	Attorney-in-Fact		Executive Vice President and         
Chief Financial Officer
	Title		Title

UAL-PA-03776        SA-15, Page 4
BOEING / UNITED AIRLINES, INC. PROPRIETARY

TABLE OF CONTENTS
									
	ARTICLES	SA NUMBER

	Article 1.	Quantity, Model and Description	SA-15 §3.1

	Article 2.	Delivery Schedule	SA-15 §3.1

	Article 3.	Price	SA-15 §3.1

	Article 4.	Payment	SA-15 §3.1

	Article 5.	Additional Terms	SA-15 §3.1

			
	TABLE	
	1.	737-*** Aircraft Delivery, Description, Price and ***
	SA-9
	1.1	*** 737-*** Aircraft Delivery, Description, Price and ***
	SA-15
	1A.	737-*** Aircraft Delivery, Description, Price and ***
	SA-15
	1B.	737-*** Aircraft Delivery, Description, Price and ***
	SA-15
			
	EXHIBITS	
	A-1	737-*** & *** 737-***Aircraft Configuration
	SA-8
	A-2	737-*** Aircraft Configuration
	
	A-3	737-*** Aircraft Configuration
	
	A-4	737-*** Aircraft Configuration
	SA-9
	A-5	737-*** Aircraft Configuration
	SA-14
	B.	Aircraft Delivery Requirements and Responsibilities	
			
	SUPPLEMENTAL EXHIBITS	
	AE1.	*** Adjustment/Airframe and ***
	
	AE2.	*** Adjustment/Airframe and *** for the 737-*** Aircraft
	SA-9 & SA-15 §3.1

	BFE1.	BFE Variables 737-*** Aircraft
	SA-7
	BFE2.	BFE Variables 737-*** Aircraft
	SA-9
	CS1.	Customer Support Variables	SA-9
	EE1.	Engine Warranty and ***
	SA-15 §3.1

	SLP1.	Service Life Policy Components	
			
			
			
			

UAL-PA-03776    TABLE OF CONTENTS    SA-15, Page 1 of 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY

									
	TABLE OF CONTENTS, CONTINUED	
			
	LETTER AGREEMENTS	SA NUMBER

	UAL-PA-03776-LA-1207637R3	*** Matters
	SA-14 & SA-15 §3.1

	UAL-PA-03776-LA-1207638R2	***	SA-10
	UAL-PA-03776-LA-1207640	Demonstration Flight Waiver	
	UAL-PA-03776-LA-1207643R3	Open Matters 737-*** and 737-*** Aircraft
	SA-15
	UAL-PA-03776-LA-1207646R4	Promotional Support	SA-15
	UAL-PA-03776-LA-1207647	Seller Purchased Equipment	SA-15 §3.1

	UAL-PA-03776-LA-1207649	Spare Parts Initial Provisioning	
	UAL-PA-03776-LA-1207650R4	Special Matters	SA-10 & SA-15 §3.1

	UAL-PA-03776-LA-1208055R1	***	SA-7
	UAL-PA-03776-LA-1208122	***	SA-10
	UAL-PA-03776-LA-1208123R1	*** Matters for 737-*** Aircraft
	SA-9
	UAL-PA-03776-LA-1208157R2	***	SA-9
	UAL-PA-03776-LA-1208234	Privileged and Confidential Matters
	
	UAL-PA-03776-LA-1208596R2	AGTA Matters	SA-13
	UAL-PA-03776-LA-1208238	Assignment Matters	
	UAL-PA-03776-LA-1208869R1	Delivery *** Matters
	SA-13
	UAL-PA-03784-LA-1207869	737 Production Adjustments	
	UAL-PA-03776-LA-1606848R2	*** Special *** Aircraft
	SA-9
	UAL-PA-03776-LA-1703685	737-*** Aircraft ***
	SA-9
	UAL-PA-03776-LA-1703743	2017 ***
	SA-9
	UAL-PA-03776-LA-1703858R1	*** Program for the 737-*** Aircraft
	SA-10 & SA-15 §3.1

		*** Commitment for the
          737-*** Aircraft
	§5.1.2 of SA-9
	UAL-PA-3776-LA-1801367	Loading of Customer Software	SA-10
	UAL-PA-3776-LA-1801619	Installation of Cabin Systems Equipment	SA-10
	UAL-PA-3776-LA-1807469	*** From *** for 737-*** Aircraft
	SA-11
	UAL-PA-3776-LA-2001766R1	Certain Special Matters	SA-14

UAL-PA-03776    TABLE OF CONTENTS    SA-15, Page 2 of 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY

						
		
	SUPPLEMENTAL AGREEMENTS	DATED AS OF

	Supplemental Agreement No. 1	June 17, 2013
	Supplemental Agreement No. 2	January 14, 2015
	Supplemental Agreement No. 3	May 26, 2015
	Supplemental Agreement No. 4	June 12, 2015
	Supplemental Agreement No. 5	January 20, 2016
	Supplemental Agreement No. 6	February 8, 2016
	Supplemental Agreement No. 7	December 27, 2016
	Supplemental Agreement No. 8	June 7, 2017
	Supplemental Agreement No. 9	June 15, 2017
	Supplemental Agreement No. 10	May 15, 2018
	Supplemental Agreement No. 11	September 25, 2018
	Supplemental Agreement No. 12	December 12, 2018
	Supplemental Agreement No. 13	March 20, 2020
	Supplemental Agreement No. 14	June 30, 2020
	Supplemental Agreement No. 15	February 26, 2021

UAL-PA-03776    TABLE OF CONTENTS    SA-15, Page 3 of 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY

																																	
		Table 1.1 To Purchase Agreement No. 03776
		***737-*** Aircraft Delivery, Description, Price and ***
											
		Airframe Model/MTOW:	737-***	*** pounds	***		Detail Specification:		***	4Q11 External Fcst~4Q11 External Fcst - Engines	
		Engine Model/Thrust:	***	*** pounds	***		Airframe Price Base Year/*** Formula:		***	***	
		Airframe Price:		$***			Engine Price Base Year/*** Formula:		***	***	
		*** Features:		$***							
		Sub-Total of Airframe and Features:		$***			Airframe *** Data:				
		Engine Price (Per Aircraft):		$***			Base Year Index (ECI):		***		
		Aircraft Basic Price (Excluding BFE/SPE):		$***			Base Year Index (CPI):		***		
		Buyer Furnished Equipment (BFE) Estimate:		$***							
		Seller Purchased Equipment (SPE) Estimate:		$***							
											
		Deposit per Aircraft:		$***							
											
	# of Aircraft	Delivery Date		***	Manufacturer Serial Number	Actual or Nominal Delivery *** *	*** Estimate	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):
	Number of	Factor	*** Base	***	***	***	***
	Aircraft	(Airframe)	Price Per A/P				
	***	***	***	***	***	***	$***	$***	$***	$***	$***
	   Total in this Table:	***								
		* Nominal delivery *** pursuant to Letter Agreement number UAL-PA-03776-LA-1207643R3 entitled "Open Matters 737-*** and 737-*** Aircraft", including successors thereof.
		Note: Serial Numbers are provided as guidance only and are subject to change.		
		***
		***
		***									

UAL-PA-03776    TABLE OF CONTENTS    SA-15, Page 4 of 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY

																																				
		Table 1A To Purchase Agreement No. 03776
		737-*** Aircraft Delivery, Description, Price and ***
												
		Airframe Model/MTOW:		737-***	*** pounds	***		Detail Specification:		***	4Q11 External Fcst~4Q11 External Fcst - Engines	
		Engine Model/Thrust:		***	*** pounds	***		Airframe Price Base Year/*** Formula:		***	***	
		Airframe Price:			$***			Engine Price Base Year/*** Formula:		***	***	
		Optional Features:			$***							
		Sub-Total of Airframe and Features:			$***			Airframe *** Data:				
		Engine Price (Per Aircraft):			$***			Base Year Index (ECI):		***		
		Aircraft Basic Price (Excluding BFE/SPE):			$***			Base Year Index (CPI):		***		
		Buyer Furnished Equipment (BFE) Estimate:			$***							
		Seller Purchased Equipment (SPE) Estimate:			$***							
												
		Deposit per Aircraft:			$***							
												
	# of Aircraft	*** Delivery Date	Target Delivery Date		***	Manufacturer Serial Number	Actual or Nominal Delivery *** *	*** Estimate	*** Per Aircraft (Amts. Due/*** Prior to Delivery):
	Number of	Factor		*** Base	***	***	***	***
	Aircraft	(Airframe)		Price Per A/P				
	***	***	***	***	***	***	***	***	***	***	***	***
		Total:		***								
		* Nominal delivery *** pursuant to Letter Agreement number UAL-PA-03776-LA-1207643R3 entitled "Open Matters 737-*** and
         737-*** Aircraft", including successors thereof.
												
		Note: Serial Numbers above are provided as guidance only and are subject to change until delivery.
		***
		***					
		***										

UAL-PA-03776    TABLE OF CONTENTS    SA-15, Page 5 of 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY

																																				
		Table 1B to Purchase Agreement No. 03776
		737-*** Aircraft Delivery, Description, Price and ***
												
		Airframe Model/MTOW:	737-***	*** pounds	***			Detail Specification:			***	4Q11 External Fcst~4Q11 External Fcst - Engines
		Engine Model/Thrust:	***	*** pounds	***			Airframe Price Base Year/*** Formula:			***	***
		Airframe Price:		$***				Engine Price Base Year/*** Formula:			***	***
		*** Features:		$***								
		Sub-Total of Airframe and Features:		$***				Airframe *** Data:				
		Engine Price (Per Aircraft):		$***				Base Year Index (ECI):			***	
												
	# of Aircraft	Target Delivery Date		***	Manufacturer Serial Number	Actual or Nominal Delivery ****	*** Forecast	*** Estimate	*** Per Aircraft (Amts. Due/*** Prior to Delivery):
	Number of	Factor	*** Base	***	***	***	***
	Aircraft	(Airframe)	Price Per A/P				
	***	***	***	***	***	***	***	$***	$***	$***	$***	$***
		Total:	***									
		* Nominal delivery *** pursuant to Letter Agreement number UAL-PA-03776-LA-1207643R3 entitled "Open Matters 737-*** and 
        737-*** Aircraft", including successors thereof.				
		Note: Serial Numbers above are provided as guidance only and are subject to change until delivery.				
		***										
		***										
		***										

UAL-PA-03776    TABLE OF CONTENTS    SA-15, Page 6 of 3
BOEING/UNITED AIRLINES, INC. PROPRIETARY

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

UAL-PA-03776-LA-1207643R3

United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois  60606

Subject:    Open Matters 737-*** and 737-*** Aircraft

Reference:    Purchase Agreement No. 03776 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (Customer) relating to Model 737 *** aircraft (Aircraft)
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement.  All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.  This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-03776-LA-1207643R2 dated June 30, 2020. 
Given the long period of time between Purchase Agreement signing and delivery of the first 737-*** Aircraft; the *** 737-*** Aircraft and the continued development of the 737 *** program, certain elements have not yet been defined.  In consideration, Boeing and Customer agree to work together as the Boeing Model 737-*** and the 737-*** aircraft develops as follows:   
1.Aircraft Delivery Schedule.
    1.1       The scheduled delivery month of Customer’s follow on 737-*** Aircraft are provided in Table 1.1.  The scheduled delivery month of the 737-*** Aircraft are provided in Table 1B for Customer’s standard configuration. The scheduled delivery month will be provided in Table 1A for Customer’s *** with ***.  Each of these tables include *** delivery windows consisting of a nominal delivery month (Nominal Delivery Month) ***.  No later than *** prior to Nominal Delivery Month of Customer’s follow-on 737-*** Aircraft and first 737-*** Aircraft in each calendar year, Boeing will provide written notice with the scheduled delivery month for each  Aircraft with a Nominal Delivery Month in such calendar year; provided, however, the parties agree to *** with respect to Boeing’s *** relating to Boeing *** the Nominal Delivery Month of 737-*** Aircraft; provided, further, ***.  
UAL-PA-03776-LA-1207643R3    SA-15
Open Matters    Page 1
BOEING/ UNITED AIRLINES, INC. PROPRIETARY

1.2      Customer and Boeing will consult on a frequent basis to keep each other informed as to Customer’s fleet plans and Boeing’s production plans in order to meet the requirements of both parties.  Based on such reviews and discussions, Boeing will use commercially reasonable efforts to meet Customer’s fleet needs when providing the notices required by Article 1.1.  Such notices provided by Boeing will constitute an amendment to *** of the Purchase Agreement, as appropriate.  The *** shall be the *** for the purposes of applying all provisions of the Purchase Agreements, including without limitation the BFE on-dock dates, and ***.  
2.Aircraft Configuration.
2.1    The initial configuration of Customer's Model Aircraft has been defined by Boeing 737-7, 737-8, 737-8200, 737-9, 737-10 Airplane Description Document No. *** dated *** as described in Article 1 and Exhibit A-4 of the Purchase Agreement (Initial Configuration).  Final configuration of the follow-on 737-*** Aircraft and 737-*** Aircraft (Final Configuration) will be completed using the then-current Boeing configuration documentation:
2.1.1 Boeing and Customer will execute a written amendment to the Purchase Agreement which will reflect the following:
2.1.1.1 Changes applicable to the basic Model 737-*** and 737-*** aircraft, as applicable, which are developed by Boeing between the date of signing of the Purchase Agreement and date of Final Configuration for Customer’s follow-on 737-*** configuration and standard and alternate 737-*** configurations.
2.1.1.2  Incorporation into Exhibit A-1, Exhibit A-4 and Exhibit A-5 of the Purchase Agreement, by written amendment, those optional features which have been agreed to by Customer and Boeing (Customer Configuration Changes);
2.1.1.3  Revisions to the Supplemental Exhibits BFE1, BFE2 and BFE3 to reflect the selection dates and ***;
2.1.1.4  Changes to the *** Prices, and *** Price to adjust for the difference, if any, between the prices estimated in *** of the Purchase Agreement ***.    
3.Customer Support Variables.
3.1      Reserved.
3.2   Boeing has engaged in discussions with Customer in conjunction with providing the updated Supplemental Exhibit CS1 to offer to Customer additional uniquely tailored post-delivery support services beyond the scope of the original Supplemental Exhibit CS1 that further enhances the maintainability and operational efficiency of the Aircraft.
UAL-PA-03776-LA-1207643R3    SA-15
Open Matters    Page 2
BOEING/ UNITED AIRLINES, INC. PROPRIETARY

4.Special Provisions for the 737-*** Aircraft with *** Seats.
Delivery of Customer’s first *** Boeing model 737-*** shall be part of *** for such configuration to be purchased by Customer under the Purchase Agreement and Purchase Agreement No. 04761 (***), the first of which will deliver no later than ***, unless the parties mutually agree otherwise.  Additionally, Customer shall have *** subject to limitations as follows:
    4.1  Customer’s *** must be made by written notice to Boeing and is subject to Boeing’s ***; and
     4.2  Within *** calendar days of receipt of Customer’s ***, Boeing shall provide Customer with *** the Purchase Agreement or Purchase Agreement No. 04761, as the context requires, ***, as follows:
4.2.1  in the case of ***;
4.2.2  in the case of ***.
5.Assignment.
Except as provided in Letter Agreement No. UAL-PA-03776-LA-1208238, the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or, in part.
6.Confidential Treatment.
Customer and Boeing understand that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-03776-LA-1208234.

UAL-PA-03776-LA-1207643R3    SA-15
Open Matters    Page 3
BOEING/ UNITED AIRLINES, INC. PROPRIETARY

Very truly yours,

																		
	THE BOEING COMPANY	
		
	By:	/s/ Irma L. Krueger	
		
	Its:	Attorney-in-Fact	
		
	ACCEPTED AND AGREED TO this	
		
	Date:	February 26, 2021	
		
	UNITED AIRLINES, INC.	
		
	By:	/s/ Gerald Laderman	
		
	Its:	Executive Vice President and 
Chief Financial Officer
	

UAL-PA-03776-LA-1207643R3    SA-15
Open Matters    Page 4
BOEING/ UNITED AIRLINES, INC. PROPRIETARY

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

UAL-PA-03776-LA-1207646R4
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Subject:    Promotional Support

Reference:    Purchase Agreement No.  03776 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. (as assignee of United Continental Holdings, Inc.) (Customer) relating to Model 737 *** aircraft (Aircraft)
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement.  This Letter Agreement supersedes and replaces in its entirety Letter Agreement UAL-PA-03776-LA-1207646R3 dated December 12, 2018.  All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement.  
Boeing and Customer wish to enter into an agreement pursuant to which each party will contribute equally to promotional programs in support of the entry into service of the Aircraft as more specifically provided below.
1.Definitions.
1.1     Commitment Limit shall have the meaning set forth in Article 2, below.
1.2   Covered Aircraft shall mean those Aircraft identified on Table 1, Table 1.1, Table 1A and Table 1B to the Purchase Agreement as of the date of signing of this Letter Agreement.
1.3     Performance Period shall mean the period beginning ***.
1.4  Promotional Support shall mean mutually agreed *** promotion programs, advertising campaigns or such other marketing and promotional activities as the parties may mutually agree.
1.5   Qualifying Third Party Fees shall mean fees paid by Customer to third party providers for Promotional Support provided to Customer during the Performance Period.
UAL-PA-03776-LA-1207646R4    SA-15
Promotional Support    Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY

2.Commitment.
As more particularly set forth in this Letter Agreement, Boeing agrees to provide Promotional Support to Customer during the Performance Period in a value not to exceed *** for the first Covered Aircraft delivered to Customer and not to exceed *** per Covered Aircraft for each Covered Aircraft delivered to Customer thereafter.  For the avoidance of doubt, Customer may request payment of any or all of such Promotional Support prior to delivery of the first Covered Aircraft to Customer. 
3.Methods of Performance.
3.1  Subject to the Commitment Limit, Boeing will reimburse *** of Customer’s payments of Qualifying Third Party Fees provided that Customer provides Boeing copies of paid invoices for such Qualifying Third Party Fees *** after the delivery of the first Covered Aircraft.
3.2  Notwithstanding the above, at Customer’s request and subject to a mutually agreed project, Boeing will provide certain Promotional Support during the Performance Period directly to Customer.  The full value of such Boeing provided Promotional Support will be accounted for as part of the Commitment Limit and will correspondingly reduce the amount of Qualifying Third Party Fees that are subject to reimbursement pursuant to Article 3.1 above.  Additionally, without duplication the parties agree that the sum of *** Promo Support) shall be available to Customer on a *** basis.  For the avoidance of doubt, the *** Promo Support shall be spent on promotional activity selected at Customer’s discretion and shall be made available within *** of the effective date of this Letter Agreement.  
3.2.1  Without duplication, the parties further agree that the sum of *** (2018 *** Promo Support) shall be available to Customer on a *** basis.  For the avoidance of doubt, the 2018 *** Promo Support shall be spent on promotional activity selected at Customer’s discretion and shall be made available for payment within *** of presentation of invoices for Promotional Support.  
3.3  In the event Customer does not (i) *** of the Commitment Limit within the Performance Period or (ii) submit its paid invoices for Qualifying Third Party Fees within the required time, as set forth in Article 3.1, Boeing shall have no further obligation to Customer for such *** Commitment Limit or to *** Customer for such Qualifying Third Party Fees, respectively. 
UAL-PA-03776-LA-1207646R4    SA-15
Promotional Support    Page 2
BOEING/UNITED AIRLINES, INC. PROPRIETARY

4.Project Approval.
Following the execution of this Letter Agreement, a Boeing Airline Marketing Services representative will meet with Customer’s designated representative to review and approve the extent, selection, scheduling, and *** process for the Promotional Support to be provided pursuant to this Letter Agreement.
5.Assignment.
Except as provided in Letter Agreement No. UAL-PA-03776-LA-1208238 the rights and obligations described in this Letter Agreement are provided to Customer in consideration of Customer’s becoming the operator of the Aircraft and cannot be assigned in whole or, in part.
6.Confidential Treatment.
Customer and Boeing understand that certain commercial and financial information contained in this Letter Agreement are considered by Boeing and Customer as confidential and are subject to the terms and conditions set forth in Letter Agreement No. UAL-PA-03776-LA-1208234.

Very truly yours,

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

									
	ACCEPTED AND AGREED TO this
	
	Date:	February 26, 2021
	
	UNITED AIRLINES, INC.
	
	By:	/s/ Gerald Laderman
	
	Its:	Executive Vice President and Chief Financial Officer

UAL-PA-03776-LA-1207646R4    SA-15
Promotional Support    Page 3
BOEING/UNITED AIRLINES, INC. PROPRIETARYDocument

Exhibit 10.2

Supplemental Agreement No. 12
to
Purchase Agreement No. 3860
between
The Boeing Company
and
United Airlines, Inc.
Relating to Boeing Model 787 Aircraft

UAL-PA-3860    SA-12    Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY

THIS SUPPLEMENTAL AGREEMENT No. 12 (SA-12), entered into as of February 26, 2021 by and between THE BOEING COMPANY (Boeing) and UNITED AIRLINES, INC. (Customer); 
WHEREAS, the parties hereto entered into Purchase Agreement No. 3860 dated September 27, 2012, as amended and supplemented (Purchase Agreement), relating to the purchase and sale of Boeing model 787 aircraft (Aircraft).  This Supplemental Agreement is an amendment to the Purchase Agreement; and
WHEREAS, solely to conform and further amend the Purchase Agreement to reflect Customer and Boeing’s agreement to provide Customer with certain *** flexibility.
NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Purchase Agreement as follows:
1.Table of Contents.
The “Table of Contents” is deleted in its entirety and replaced with the attached “Table of Contents” (identified by “SA-12”) to (i) update for the revised letter agreement; and (ii) remove the letter agreement that is no longer operative.
2.Letter Agreements.
Letter Agreement UAL-PA-03860-LA-1209413R3 entitled “Special Matters” is deleted in its entirety and replaced with Letter Agreement UAL-PA-03860-LA-1209413R4 (identified by “SA-12”) to provide Customer with certain *** flexibility.. 
3.Miscellaneous. 
Boeing and Customer agree to the *** of *** for *** under purchase agreement number 04761 as specified in Section 3.1 of Letter Agreement UAL-PA-03860-LA-1209413R4 entitled “Special Matters”. 
The Purchase Agreement will be deemed to be supplemented to the extent herein provided as of the date hereof and as so supplemented will continue in full force and effect.
UAL-PA-3860    SA-12    Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY

EXECUTED IN DUPLICATE as of the day and year first written above.
									
	THE BOEING COMPANY		UNITED AIRLINES, INC.
	/s/ Irma L. Krueger		/s/ Gerald Laderman
	Signature		Signature
			
	Irma L. Krueger		Gerald Laderman
	Printed Name		Printed Name
			
	                    Attorney-in-Fact
		                 Executive Vice President and
Chief Financial Officer

	Title		Title

 
UAL-PA-3860    SA-12    Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY

TABLE OF CONTENTS
									
	ARTICLES	SA NUMBER

	Article 1.	Quantity, Model and Description	SA-1
	Article 2.	Delivery Schedule	SA-1
	Article 3.	Price	SA-1
	Article 4.	Payment	SA-1
	Article 5.	Additional Terms	SA-1
	TABLE	
	1	787-*** Aircraft Delivery, Description, Price and ***
	SA-7
	1A.	787-*** with GENX-1B*** Engines Aircraft Information Table
	SA-11
	EXHIBITS	
			
	A2*	787-*** Aircraft Configuration
	SA-9
	A3.	787-*** Aircraft Configuration
	SA-9
	B.	Aircraft Delivery Requirements and Responsibilities	
	*  - Note:  There is no Exhibit A1 in this Purchase Agreement	
	SUPPLEMENTAL EXHIBITS	
	AE1.	***/Airframe and *** Features
	
	BFE1.	BFE Variables for the 787-*** Aircraft
	SA-7
	CS1.	Customer Support Document	
	EE1.	Engine ***/Engine Warranty ***
	
	SLP1.	Service Life Policy Components	

P.A. 3860    TABLE OF CONTENTS, Page 1 of 5    SA-12
BOEING/UNITED AIRLINES, INC. PROPRIETARY

									
	TABLE OF CONTENTS, CONTINUED
	LETTER AGREEMENTS	SA NUMBER

	UAL-PA-03860-LA-1209247	787 e-Enabling
	
	UAL-PA-03860-LA-1209264	Open Configuration Matters
Completed:  No longer applicable
	SA-9
	UAL-PA-03860-LA-1209409	Spare Parts Initial Provisioning
	
	UAL-PA-03860-LA-1209410	Special Matters Relating to COTS Software and End User License Agreements	
	UAL-PA-03860-LA-1209411	Special Terms – Seats and In-flight Entertainment	
	UAL-PA-03860-LA-1209417	Model 787 Post-Delivery Software & Data Loading	
	CONFIDENTIAL LETTER AGREEMENTS	
	UAL-PA-03860-LA-1209236R1	Model *** 
	SA-1
		Attachment A, 787-*** Airframe Pricing of *** Aircraft with General Electric GEnx-1B***
	SA-1
		Attachment B, 787-*** with General Electric GEnx-1B*** 
	SA-1
		Attachment C, 787-*** with General Electric GEnx-1B***
	SA-1
	UAL-PA-03860-LA-1209412	Spare Parts Commitment	
	UAL-PA-03860-LA-1209413R4	Special Matters	SA-12
	UAL-PA-03860-LA-1209413A1R3	Special Matters – Amendment 1	SA-7
	UAL-PA-03860-LA-1209414	Other Special Matters	
	UAL-PA-03860-LA-1209413A1	Other Special Matters - Amendment  1	SA-1
	UAL-PA-03860-LA-1209416R1	Promotional Support	SA-2
	UAL-PA-03860-LA-1209430	***
	
	UAL-PA-03860-LA-1209429	***
	

P.A. 3860    TABLE OF CONTENTS, Page 2 of 4    SA-12
BOEING / UNITED AIRLINES, INC. PROPRIETARY

									
	TABLE OF CONTENTS, CONTINUED
	CONFIDENTIAL LETTER AGREEMENTS, continued	SA NUMBER

	6-1162-ELP-0794	*** Program- Boeing ***
	
	6-1162-ELP-0795	*** Program- Boeing ***
	
	UAL-PA-03860-LA-1301368	*** (787-***) 
	SA-1
	UAL-PA-03860-LA-1301373	787-*** Aircraft Open Configuration and Other Matters 
	SA-1
	UAL-PA-03860-LA-1301375R1	Provisions Relating to Customer’s *** for 787-*** Aircraft
	SA-7
	UAL-PA-03860-LA-1301377	787-***
	SA-1
	UAL-PA-03860-LA-1301377A1	787-*** – Amendment 1
	SA-4
	UAL-PA-03860-LA-1301380	787-*** Program Launch
	SA-1
	UAL-PA-03860-LA-1500017	***	SA-4
	UAL-PA-03860-LA-1500059	Installation of Cabin Systems Equipment	SA-4
	UAL-PA-03860-LA-1703319	Privileged and Confidential Matters	SA-8
	UAL-PA-03860-LA-1802899	***	SA-9

P.A. 3860    TABLE OF CONTENTS, Page 3 of 4    SA-12
BOEING / UNITED AIRLINES, INC. PROPRIETARY

						
	SUPPLEMENTAL AGREEMENTS	DATED AS OF
	Supplemental Agreement No. 1 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . June 17, 2013
	Supplemental Agreement No. 2 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . December 16, 2013
	Supplemental Agreement No. 3 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . July 22, 2014
	Supplemental Agreement No. 4 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . January 14, 2015
	Supplemental Agreement No. 5 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . May 12, 2015
	Supplemental Agreement No. 6 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . December 31, 2015
	Supplemental Agreement No. 7 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . March 7, 2016
	Supplemental Agreement No. 8 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . June 7, 2017
	Supplemental Agreement No. 9 . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . May 31, 2018
	Supplemental Agreement No. 10 . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . November 1, 2018
	Supplemental Agreement No. 11 . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . December 12, 2018
	Supplemental Agreement No. 12 . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . . . . . February 26, 2021

P.A. 3860    TABLE OF CONTENTS, Page 4 of 4    SA-12
BOEING / UNITED AIRLINES, INC. PROPRIETARY

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

            

UAL-PA-03860-LA-1209413R4
United Airlines, Inc.
233 South Wacker Drive
Chicago, Illinois 60606
Subject:    Special Matters
Reference:    Purchase Agreement No. 3860 (Purchase Agreement) between The Boeing Company (Boeing) and United Airlines, Inc. relating to Model 787 aircraft (Aircraft)
This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement.  All terms used and not defined in this Letter Agreement have the same meaning as in the Purchase Agreement.  This Letter Agreement replaces and supersedes Letter UAL-PA-03860-LA-1209413R3 dated May 31, 2018.
1.***.
1.1.787-***.
In consideration of Customer's purchase of 787-*** Aircraft, Boeing *** at the time of delivery of each 787-*** Aircraft and 787-*** Aircraft, a *** to Customer ***.  The *** is subject to *** at the time of delivery.  *** may *** at the time of delivery for such Aircraft, or for the *** of Boeing *** and ***, but *** on Aircraft.
1.2.787-***. 
In consideration of Customer's purchase of 787-*** Aircraft, Boeing *** at the time of delivery of each 787-*** Aircraft and 787-*** Aircraft, a *** to Customer ***.  The *** is subject to the *** as *** at the time of delivery.  *** may *** to *** at the time of delivery for such Aircraft, or for the *** of Boeing *** and ***, but *** on Aircraft. 
1.3.787-***. 
In consideration of Customer's purchase of 787-*** Aircraft, Boeing *** at the time of delivery of each 787-*** Aircraft and 787-*** Aircraft, *** to Customer in ***.  The *** is *** as *** at the time of delivery.  *** may *** at the time of delivery for such Aircraft, or for the *** of Boeing *** and ***, but *** on Aircraft.
2.Model 787 ***. 
Boeing hereby *** that the offer contained herein *** with the commitments specified in Letter Agreement 6-1162-KKT-080.  Furthermore, *** as Boeing ***, Boeing will *** of the Purchase Agreement to continue ***. 
UAL-PA-03860-LA-1209413R4    SA-12
Special Matters     Page 1
BOEING / UNITED AIRLINES, INC. PROPRIETARY

2.1.787-***. 
Boeing *** at the time of delivery of each 787-*** Aircraft and 787-*** Aircraft *** to Customer ***.  The *** is *** as *** at the time of delivery.  *** may *** at the time of delivery for such Aircraft, or for the *** of Boeing *** and ***, but *** on Aircraft. 
2.2.787-***. 
Boeing *** at the time of delivery of each 787-*** Aircraft and 787-*** Aircraft *** to Customer ***.  The *** is *** at the time of delivery.  *** may *** at the time of delivery for such Aircraft, or for the *** of Boeing *** and ***, *** on Aircraft. 
3.***. 
Notwithstanding the *** of the Purchase Agreement, Customer ***, for Aircraft ***, and for *** Aircraft that Customer ***.

			
	***

3.1.Notwithstanding the *** schedule provided in Section 3 above, the parties have *** in the *** for the 787-*** in the table below (Section 3.1 787-*** Aircraft):   
(i)Boeing will *** from this Purchase Agreement to the 737 purchase agreement number 04761 as specified in column [B] of the table below;  
(ii)Column [C] of the table below *** for the Section 3.1 787-*** Aircraft *** in Section 3.1(i) above; and *** from Customer with respect to each Section 3.1 787-*** Aircraft; and
(iii)The parties agree that *** are *** Customer with respect to the Section 3.1 787-*** Aircraft.
												
	Section 3.1 787-*** Aircraft
	[A]
***
	[B]
***
	[C]
***

	***	$***	$***	$***
	Total	$***	$***	$***

4.***.  
4.1.Interest Rate for Firm Aircraft.  *** agrees to *** on *** for all firm and *** Aircraft which are *** pursuant to Paragraph 3 of this Letter Agreement ***.
UAL-PA-03860-LA-1209413R4    SA-12
Special Matters     Page 2
BOEING / UNITED AIRLINES, INC. PROPRIETARY

4.2.Delivery *** Impact on *** Calculations.  If the delivery of any Aircraft is *** due to ***, then interest on *** in respect of such Aircraft will *** during the time period from ***.  Payment of *** that has *** prior to the start of the *** but remains unpaid will be paid on the normal quarterly *** payment schedule set forth in Paragraph 4.1 of this Letter Agreement or on the delivery date of the Aircraft, whichever comes first.
4.3.Boeing Invoice.  Boeing shall submit to Customer, not less than *** prior to the end of each quarter, an invoice for *** during each such quarter.  Customer's payment is due and payable to Boeing on the first business day of the following month.  Boeing's invoice will show *** during the quarter for each Aircraft for which *** have been ***.  The invoice will also include *** on *** with respect to other aircraft in other purchase agreements between Customer and Boeing. 
4.4.*** for the Launch Aircraft. With respect to the first aggregate quantity of *** 787-*** Aircraft to be delivered to Customer under any purchase agreement (collectively and each a Launch Aircraft), the parties agree that payment of the Article 4.1 interest obligation will be *** of each Launch Aircraft (Launch Aircraft *** Obligation).  At time of delivery of each Launch Aircraft, Boeing *** to *** the Launch Aircraft *** Obligation.  
4.5.Certain ***.  Notwithstanding the *** Schedule contained in Table 1 of the Purchase Agreement or the terms set forth in Section 3 herein, Customer may *** for any Aircraft on order as of the date of signing the applicable Purchase Agreement, and for any *** Aircraft in accordance with the terms of Section 3 herein; provided, however, that Customer shall retain the right to either (a) *** set forth in Section 3 herein, and to the extent that Customer *** then Customer’s *** Boeing *** shall be *** or (b) *** from time to time by up to *** provided that (1) Boeing *** to such *** and (2) ***.
4.6.Special *** for Section 3.1 787-*** Aircraft.                    With respect to the *** made pursuant to Section 3.1 above and cited in Section 3 of Supplemental Agreement No. 12 of the Purchase Agreement, the parties agree that payment of the Article *** interest obligation will be *** of the Section 3.1 787-*** Aircraft from which ***.
5.Option Aircraft ***. 
5.1.Notwithstanding the amount specified in the Attachment to Option Aircraft Letter Agreement UAL-PA-03860-LA-1209265R1 (Option Aircraft Letter) as the Attachment and/or the Option Aircraft Letter is subsequently revised, amended or supplemented, Boeing ***. 
5.2.Notwithstanding paragraph 5.1 above, Boeing and Customer agree that for the *** 787-*** Aircraft added as part of Supplemental Agreement No. 1, the *** shall be *** Aircraft.  Such *** has already been received by Boeing for *** 787-*** Aircraft.  The *** for the *** 787-*** Aircraft is due upon signing of Supplemental Agreement No 1 to the Purchase Agreement.
UAL-PA-03860-LA-1209413R4    SA-12
Special Matters     Page 3
BOEING / UNITED AIRLINES, INC. PROPRIETARY

6.***. 
Boeing agrees to *** at the time of delivery of each Aircraft *** in ***.  This *** or for Boeing *** and ***.  
7.Aircraft Invoices. 
Upon Customer request, at the time of Aircraft delivery Boeing agrees to provide a separate invoice addressed to the owner/trustee of such Aircraft specifying the dollar amount to be received at the time of delivery.  The dollar amount on the invoice shall be provided by Customer. 
8.Assignment of ***. 
Customer may not assign the *** described in this Letter Agreement without Boeing's prior written consent other than in circumstances where Boeing provides or arranges lease equity financing to Customer in respect of an Aircraft. 
9.Confidential Treatment. 
Boeing and Customer understand that certain information contained in this Letter Agreement, including any attachments hereto, is considered by both parties to be confidential.  Boeing and Customer agree that each party will treat this Letter Agreement and the information contained herein as confidential and will not, without the other party's prior written consent, disclose this Letter Agreement or any information contained herein to any other person or entity except as may be required by applicable law or governmental regulations. 
Very truly yours,

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

UAL-PA-03860-LA-1209413R4    SA-12
Special Matters     Page 4
BOEING / UNITED AIRLINES, INC. PROPRIETARY

									
	
	ACCEPTED AND AGREED TO this
	
	Date:	February 26, 2021

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

UAL-PA-03860-LA-1209413R4    SA-12
Special Matters     Page 5
BOEING / UNITED AIRLINES, INC. PROPRIETARY

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00326-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00326-of-00352.parquet"}]]