Document:

November 8, 2004

EXHIBIT 10.11

Gerry Laderman

Continental Airlines

 Page 1

February 28, 2005

Gerry Laderman

Senior Vice President Finance and Treasurer

Continental Airlines, Inc.

1600 Smith Street

Houston, TX  77002

Dear Gerry:

At the request of Continental Airlines, Inc. ("Continental"), Boeing Capital Corporation ("BCC") is willing to enter into the following amendment (the "Amendment") to the December 29, 2004 proposal (the "Proposal") relating to the lease of not less than eight (8) or more than (12) used Boeing 757-300 aircraft (the "Aircraft") to extend the date by which the Board of Directors of Continental approves the transactions contemplated by the Proposal (including the satisfaction of the conditions to the approval of Continental's Board).  Initially capitalized terms used in this Amendment but not defined herein shall have the meanings given to those terms in the Proposal.  

Continental has informed BCC that Continental's Board of Directors approved the transaction contemplated by the Proposal at the November 30, 2004 meeting of the Board of Directors, subject to the condition that the Company obtains [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] wage and benefit cost reductions by February 28, 2005.  Continental has not yet obtained such reductions but is hopeful they can be obtained by March 31, 2005.

Now therefore, for good and valuable consideration, Continental and BCC agree to amend the Proposal as follows: 

	In accordance with the Proposal, prior to the close of business on March 1, 2005, Continental shall pay to BCC a total of $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] ($[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] per Aircraft) (the "Extension Fee") to BCC's account listed below, and in return BCC hereby agrees that the Proposal shall remain effective and the Aircraft shall remain available to Continental until April 1, 2005, by which time the condition to the approval by Continental's Board of the transactions contemplated by the Proposal shall be met (as that condition might be modified by subsequent action by Continental's Board) ("Effective Continental Board Approval").

 

	
Account Name:
	
[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]

	
Account Number:

	
Bank Name:

	
Bank ABA:

	
Bank Address:

	
Ref:

	If Effective Continental Board Approval is achieved prior to April 1, 2005, the Extension Fee, [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] shall be applied to any rent due or outstanding for each of the Aircraft under the lease agreements to be entered into covering the Aircraft.  
	If Effective Continental Board Approval is not achieved prior to April 1, 2005, (a) BCC shall retain the Extension Fee (together with any interest accrued thereon), (b) Continental shall pay BCC an additional $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] ($[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT] per Aircraft) on April 1, 2005 under clause (2) of Section 21 of the Proposal, which shall be deemed modified accordingly, (c) Continental shall have no obligation to lease the Aircraft and (d) BCC shall be free to remarket the Aircraft without obligation to Continental.
	For the avoidance of doubt and give effect to the foregoing, the following provisions in the Proposal shall be modified as follows:

	Section 21 - Prior Disposition.  The reference in the first paragraph to February 28, 2005 shall be changed to March 31, 2005, and the reference in the first paragraph to March 1, 2005 shall be changed to April 1, 2005.
	Section 22 (b) - Lessor Conditions Precedent.  The reference to February 28, 2005 shall be changed to March 31, 2005.
	Section 23 (a) - Lessee Conditions Precedent.  The reference to February 28, 2005 shall be changed to March 31, 2005.

To the extent any other provision in the Proposal is inconsistent with the foregoing, such inconsistent provisions shall be deemed to be modified to be consistent with this Amendment. 

In addition, as between Continental and BCC, the references to February 28, 2005 contained in the Summary of Agreements Letter Agreement 6-1162-MSA-559 dated December 29, 2004 among Continental, BCC and The Boeing Company shall be amended to read March 31, 2005.  

 

This Amendment shall be governed by the laws of the State of New York and shall become effective when it is fully signed by both parties and we have exchanged signature pages.  This Amendment may be signed in counterparts. 

If you have any questions, please do not hesitate to call the undersigned at (425) 965-4052. 

Best regards,

Boeing Capital Corporation

 

By     /s/ Jordan Weltman         

Its: Managing Director, Aircraft Financial Services

 

 

AGREED AND ACCEPTED:

Continental Airlines, Inc.

 

 

By: /s/ Jeffrey J. Misner             

Its:      EVP & CFO                     

Date:      2-28-05November 8, 2004

EXHIBIT 10.12

Boeing Capital Corporation

P.O. Box 3707

Seattle, WA  98124-2207

 

 

 

March 31, 2005

Gerry Laderman

Senior Vice President Finance and Treasurer

Continental Airlines, Inc.

1600 Smith Street

Houston, TX  77002

 

Dear Gerry:

At the request of Continental Airlines, Inc. ("Continental"), Boeing Capital Corporation ("BCC") is willing to enter into the following amendment (the "Amendment") to the December 29, 2004 proposal (as previously amended on February 28, 2005, the "Proposal") relating to the lease of not less than eight (8) or more than (12) used 

Boeing 757-300 aircraft (the "Aircraft") to extend the date by which the transaction documentation must be completed.  Initially capitalized terms used in this Amendment but not defined herein shall have the meanings given to those terms in the Proposal.  

Continental has informed BCC that Continental's Board of Directors has approved the transaction contemplated by the Proposal, notwithstanding that the Company has not reached an agreement with its flight attendants for wage and benefit cost reductions.  However, Continental and BCC require additional time to negotiate the transaction documentation. 

Now therefore, for good and valuable consideration, Continental and BCC agree to amend the Proposal as follows: 

	Section 22 (b) - Lessor Conditions Precedent.  The reference to March 31, 

2005 shall be changed to April 22, 2005.

	Section 23 (a) - Lessee Conditions Precedent.  The reference to March 31, 

2005 shall be changed to April 22, 2005.

To the extent any other provision in the Proposal is inconsistent with the foregoing, such inconsistent provisions shall be deemed to be modified to be consistent with this Amendment. 

 

 

This Amendment shall be governed by the laws of the State of New York and shall become effective when it is fully signed by both parties and we have exchanged signature pages.  This Amendment may be signed in counterparts. 

If you have any questions, please do not hesitate to call the undersigned at (425) 965-4052. 

Best regards,

Boeing Capital Corporation

 

By     /s/ Jordan Weltman         

Its: Managing Director, Aircraft Financial Services

 

 

AGREED AND ACCEPTED:

Continental Airlines, Inc.

 

 

By: /s/ Gerald Laderman             

Its:      Gerald Laderman             

Date:      Senior Vice President -   

         Finance and TreasurerEXHIBIT 10

EXHIBIT 10.13

ExpressJet Holdings, Inc.

XJT Holdings, Inc.

ExpressJet Airlines, Inc.

Attn.: Frederick S. Cromer

Chief Financial Officer

1600 Smith Street, HQSCE

Houston, TX 77002

Fourth Amendment to the Capacity Purchase Agreement

Ladies and Gentlemen:

As you are aware, ExpressJet Holdings, Inc., XJT Holdings, Inc. and ExpressJet Airlines, Inc. (collectively, "Contractor") and Continental Airlines, Inc. ("Continental"), are each parties to an Amended and Restated Capacity Purchase Agreement dated as of April 17, 2002, as amended by the first, second and third amendments thereto, dated March 27, 2003, December 9, 2003, and September 28, 2004, respectively (as so amended, the "CPA").  This Fourth Amendment to the CPA is dated March 11, 2005 but shall be effective January 1, 2005.

Continental and Contractor each desire to amend the CPA as follows:

	Article 1 of the CPA is hereby amended by replacing the definition of "Prevailing Margin" set forth in Exhibit A so as to read in its entirety as follows:

"Prevailing Margin - means, for any Performance Period, the decimal fraction (in any event not less than zero) equal to (i) Contractor's earnings before interest, taxes and extraordinary items derived from the Scheduled Flights and Charter Flying (as determined by the separate books maintained by Contractor for Regional Airline Services pursuant to Section 3.05(a)), divided by (ii) Contractor's aggregate revenues allocable to Scheduled Flights and Charter Flying, in each of clauses (i) and (ii) above as reflected on the books and records of Contractor after giving effect to the provisions of Section 3.06(b), except for any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3. In making the calculation described in clause (i) of the immediately preceding sentence, (a) Excluded Revenues shall be excluded from the revenues of Contractor and (b) Excluded Costs shall be excluded from the expenses of Contractor. In making the calculation described in clause (ii) of this definition, Excluded Revenue shall be excluded from the revenues of Contractor."

 

	Article 1 of the CPA is hereby amended by replacing the definition of "Excluded Costs" set forth in Exhibit A so as to read in its entirety as follows:

"Excluded Costs - means, for any Performance Period, (i) all costs allocable to Scheduled Flights cancelled during such period as a result of strikes and other labor actions, disputes or interruptions, and other costs incurred during such period outside of the ordinary course of business in connection with such events, (ii) all costs allocable to Scheduled Flights cancelled during such period as a result of an event constituting Cause, and other costs incurred during such period outside of the ordinary course of business in connection with such event, (iii) costs of litigation and threatened litigation (including investigations, attorneys fees, adverse judgments and settlements not covered by insurance) incurred during such period to the extent that the total of all such costs exceeds an annual threshold equal to [CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT]% of Contractor's expenses associated with Regional Airline Services implicit in Section 3.02 for such year, (iv) adjustments resulting from the physical inventory loss of any of Contractor's spare parts inventory, (including but not limited to any spare engines, rotable parts, repairable parts and expendable parts) ("Spare Parts Inventory") that deviate from Contractor's historical practice, (v) expenses associated with any accounting write-ups or write-downs of any of Contractor's Spare Parts Inventory as a result of any business practice or decision in respect of Contractor's Spare Parts Inventory that deviates from Contractor's historical practice, (vi) other expenses incurred during such period that do not comprise a portion of the Block Hour Rates reflected in Schedule 3 and are not reasonable and customary in the industry, or were not otherwise approved in advance by Continental (it being understood that the expenses reimbursed pursuant to reconciliation provisions of Schedule 3 constitute expenses that comprise a portion of the Block Hour Rates reflected in Schedule 3), and, (vii) labor costs (including all wages, salaries, profit sharing and other benefits to all Contractor officers and other employees, including contract employees) incurred in such period in excess of the sum of (a) those for which Contractor is entitled to reimbursement pursuant to the Block Hour Rates then in effect, plus (b) the amounts resulting from the labor cost reconciliation provisions of Schedule 3,  but only to the extent that excluding such excess results in a Prevailing Margin equal to or less than the Margin Floor prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3."

	Article 1 of the CPA is hereby amended by deleting the definition of "Deemed Costs" in Exhibit A, and by adding thereto the following definitions:

"Acrual - means, (a) incurred and estimated liabilities that Contractor has accrued but not yet realized and (b) unestimated liabilities actually realized by Contractor for which no accrual had been made, and in both (a) and (b) the liabilities relate to a Transaction or Year-End Target.  Accrual excludes those liabilities that relate to expenses cited within Schedule 3 sections (B)(2), (B)(3), (B)(8), (B)(9)(a), (B)(9)(g) and (B)(9)(h) as well as fees associated with outside legal counsel."  

"Margin Cap - means, for any Performance Period, a Prevailing Margin equal to 10.0%."

"Margin Floor - means, for any Performance Period, a Prevailing Margin equal to 8.5%."

"Eligible Performance Period - means, a Performance Period for which Contractor's Prevailing Margin is less than the Margin Cap and greater than the Margin Floor."

"Preceding Performance Period - means, the Performance Period immediately preceding an Eligible Performance Period."

"Transaction - means, any item included within the accounts set forth in Appendix 26 that is not a Year-End Target.  Continental and Contractor agree that any changes from current accounting practices that affect Appendix 26 shall be communicated in writing to Continental and Appendix 26 shall be modified accordingly from time to time." 

"Year-End Target - means, an estimate included within the accounts set forth in Appendix 26 for which the actual cost realized is only known in the first Performance Period after each fiscal year.  Continental and Contractor agree that any changes from current accounting practices that affect Appendix 26 shall be communicated in writing to Continental and Appendix 26 shall be modified accordingly from time to time."

  

	Paragraph B(9)(d) of Schedule 3 is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:

"d.At any time that Contractor or Continental reasonably believes that the Prevailing Margin for the current or next Performance Period will be greater than the Margin Cap for such Performance Period or less than the Margin Floor for such Performance Period, then Continental and Contractor will meet and will adjust the Base Compensation for such Performance Period; provided that in no event will such calculation reduce the Base Compensation below an amount necessary so as to achieve a  Prevailing Margin for such Performance Period equal to the Margin Cap for such Performance Period or increase Base Compensation above an amount  necessary so as to achieve a Prevailing Margin for such Performance Period equal to the Margin Floor for such Performance Period.  At the end of each Performance Period in respect of which adjustments were in effect, a calculation shall be made by Contractor not later than the sixth Business Day of the immediately succeeding month to calculate the Prevailing Margin for the previous Performance Period.  For adjustments made as a result of a Prevailing Margin expected to exceed the Margin Cap: (i) if the actual resulting Prevailing Margin for such Performance Period was greater than the Margin Cap for such Performance Period, then the Base Compensation for such Performance Period will be further decreased to the extent required to lower the actual Prevailing Margin for such Performance Period to the Margin Cap for such Performance Period and Contractor shall make a payment to Continental in an amount equal to such reduction in Base Compensation within five Business Days of such calculation and (ii) if the actual resulting Prevailing Margin for such Performance Period was less than the Margin Cap for such Performance Period, then the Base Compensation for such Performance Period will be increased (but only up to the Base Compensation in effect prior to its adjustment pursuant to the first sentence of this Paragraph B(9)(d) of Schedule 3) to the extent required to raise the actual Prevailing Margin for such Performance Period to the Margin Cap for such Performance Period and Continental shall make a payment to Contractor in an amount equal to such increase in Base Compensation within five Business Days of such calculation.  For adjustments made as a result of a Prevailing Margin expected to be less than the Margin Floor: (i) if the actual resulting Prevailing Margin for such Performance Period was less than the Margin Floor for such Performance Period, then the Base Compensation for such Performance Period will be further increased to the extent required to raise the actual Prevailing Margin for such Performance Period to the Margin Floor for such Performance Period and Continental shall make a payment to Contractor in an amount equal to such increase in Base Compensation within five Business Days of such calculation and (ii) if the Prevailing Margin for such Performance Period was greater than the Margin Floor for such Performance Period, then the Base Compensation for such Performance Period will be decreased (but only down to the Base Compensation in effect prior to its adjustment pursuant to the first sentence of this Paragraph B(9)(d) of Schedule 3) to the extent required to lower the actual Prevailing Margin for such Performance Period to the Margin Floor for such Performance Period and Contractor shall make a payment to Continental in an amount equal to such reduction in Base Compensation within five Business Days of such calculation."

 

	Schedule 3 of the CPA is hereby amended by adding the following thereto as Paragraph B(9)(i):

"i.Subsequent to an Eligible Performance Period, in respect of any one or more of Contractor's costs that do not constitute Excluded Costs, if Contractor has in place any Accruals at the end of the Preceding Performance Period then in the Performance Period following such Eligible Performance Period, Contractor will reconcile the Accruals, other than those related to a Year-End Target, in place at the end of the Preceding Performance Period for differences between (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period and (2) the associated Accrual in place at the end of the Preceding Performance Period.  If the absolute difference between (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period and (2) the associated Accrual in place at the end of the Preceding Performance Period is greater than $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], then the following reconciliation will occur: 

	If (1) the Accrual in place at the end of the Preceding Performance Period is greater than (2) the associated actual cost realized plus any associated Accrual during the Eligible Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin exceeded the Margin Cap, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Contractor will pay Continental an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

	If (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period is greater than (2) the associated Accrual in place at the end of the Preceding Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin exceeded the Margin Cap, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Continental will pay Contractor an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23. 

	If (1) the Accrual in place at the end of the Preceding Performance Period is greater than (2) the associated actual cost realized plus any associated Accrual during the Eligible Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin was less than the Margin Floor, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Contractor will pay Continental an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23. 

	If (1) the actual cost realized plus any associated Accrual during the Eligible Performance Period is greater than (2) the associated Accrual in place at the end of the Preceding Performance Period and the Accrual relates to any Performance Period prior to the Eligible Performance Period in which the Prevailing Margin was less than the Margin Floor, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then Continental will pay Contractor an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23. 

	If the Accrual relates to any Performance Period in which the Prevailing Margin was between the Margin Cap and the Margin Floor, prior to any reconciliation pursuant to Paragraph B(9)(d) of Schedule 3, then no reconciliation will occur."  

 

	Schedule 3 of the CPA is hereby amended by adding the following thereto as Paragraph B(9)(j):

"j.Accruals that are Year-End Targets will be reconciled in the second Performance Period after each fiscal year.  The actual cost realized for an applicable Year-End Target will be divided by the number of Performance Periods the associated Year-End Target is related to and compared to the associated Accrual made during each applicable Performance Period of the previous fiscal year.  The reconciliation will only occur for the following scenarios:

	If the first Performance Period after the previous fiscal year is an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was not an Eligible Performance Period, if (1) the Accrual with respect to any such Performance Period is greater than (2) the prorated portion of the actual cost realized related to the Year-End Target by at least $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], Contractor will pay Continental, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

	If the first Performance Period after the previous fiscal year is an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was not an Eligible Performance Period, if (1) the prorated portion of the actual cost realized related to the Year-End Target is greater than (2) the Accrual with respect to any such Performance Period by at least $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], Continental will pay Contractor, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

	If the first Performance Period after the previous fiscal year is not an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was an Eligible Performance Period, if (1) the Accrual with respect to any such Performance Period is greater than (2) the prorated portion of the actual cost realized related to the Year-End Target by at least $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], Continental will pay Contractor, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23.

	If the first Performance Period after the previous fiscal year is not an Eligible Performance Period, then for each Performance Period during the previous fiscal year that was an Eligible Performance Period, if (1) the prorated portion of the actual cost realized related to the Year-End Target is greater than (2) the Accrual with respect to any such Performance Period by at least $[CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT], Contractor will pay Continental, for each Performance Period meeting the foregoing criteria, an amount equal to the difference between (1) and (2) divided by the Cost Difference set forth in Appendix 23."

 

	Paragraph B(9)(a)(iii) of Schedule 3 is hereby amended by deleting such clause in its entirety and replacing it with the following:

"(iii) all employer-matching payments made by Contractor pursuant to any Contractor 401(K) (provided that Continental shall not be required to reconcile any such payments made by Contractor to the extent that such payments are attributable to a change in the Contractor's 401(K) or the Contractor's company-match after the periodic adjustment of base compensation as described in Section 3.02 for the applicable year)."

 

	Paragraph B(9)(a)(ix) of Schedule 3 is hereby amended by deleting such clause in its entirety and replacing it with the following:

"(ix) payments by Contractor to employees in respect of any profit-sharing and on-time performance plans of Contractor (provided that Continental shall not be required to reconcile actual profit-sharing and on-time performance expenses to the extent that such additional expenses are attributable to a Contractor-initiated change in target benchmarks or payment rates under such plans after the periodic adjustment of base compensation as described in Section 3.02 for the applicable year, and provided further that reconciliation for profit-sharing plans shall only occur after the end of each fiscal year, which reconciliation shall be for the full fiscal year, rather than on a month-to-month basis and provided further that reconciliation for actual costs of Contractor associated with profit sharing plans is capped at the level contemplated in the rates)."

 

	Paragraph B(9)(a)(xiv) of Schedule 3 is hereby amended by deleting such clause in its entirety and replacing it with the following:

"(xiv) depreciation expense, excluding any expenditure not specifically approved by Continental or otherwise contemplated by a capital expenditure plan agreed to by Contractor and Continental;"

 

	Paragraph B(6)(d) of Schedule 3 is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:

"d.If (A) the actual Controllable Cancellation Rate for a particular aircraft type is equal to or greater than .005 and (B) the product of the actual Controllable Cancellation Rate and the total number of Scheduled Flights for a particular aircraft type in a calendar month as set forth in the Final Monthly Schedule exceeds the product of the total number of Scheduled Flights as set forth in the Final Monthly Schedule for such aircraft type during such calendar month multiplied by .005 (such excess number of flights of such aircraft type being the "Fourth Cancellation Number" for such aircraft type), then the reconciliation for such period shall include a payment by Contractor to Continental in an amount equal to the product of (i) the Third Incremental Cost Rate for such aircraft type multiplied by (ii) the Fourth Cancellation Number, multiplied by (iii) the scheduled block hours per departure for such aircraft type for such calendar month as set forth in the Final Monthly Schedule, multiplied by (iv) the sum of 1 and the Overfly Rate for such aircraft type for such calendar month."

 

	Paragraph B(8)(f) of Schedule 3 is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:

"f.Airport Agent Volume Reconciliation.  Included in the Appendix 1 Expenses is an assumed cost associated with an assumed number of Agent Paid Hours.  If the lower of the Staffing Model Agent Paid Hours or actual number of Agent Paid Hours for a particular month exceeds the assumed number of Agent Paid Hours as set forth in Appendix 21, then Continental shall pay an amount to Contractor equal to the quotient of (a) the product of (i) the difference between (1) the lower of such Staffing Model Agent Paid Hours or such actual number of Agent Paid Hours during such month and (2) such assumed Agent Paid Hours during such month, multiplied by (ii) the assumed amount payable per Agent Paid Hour as set forth in Appendix 21, multiplied by (iii) the rate set forth in Appendix 25 B, divided by (b) the Cost Difference set forth on Appendix 23.  If the lower of the Staffing Model Agent Paid Hours or actual number of Agent Paid Hours for a particular month is less than the assumed number of Agent Paid Hours as set forth in Appendix 21, then Contractor shall pay an amount to Continental equal to the quotient of (a) the product of (i) the difference between (1) such assumed Agent Paid Hours during such month and (2) the lower of such Staffing Model Agent Paid Hours or such actual number of Agent Paid Hours during such month, multiplied by (ii) the assumed amount payable per Agent Paid Hour as set forth in Appendix 21, multiplied by (iii) the rate set forth in Appendix 25 B, divided by (b) the Cost Difference set forth on Appendix 23."

 

	Paragraph B(9)(f)(I) of Schedule 3 is hereby amended by deleting such subparagraph in its entirety and replacing it with the following:

"I.The amount of assumed employer-matching payments referred to in clause (iii) of the second sentence of Paragraph B(9)(a) included in the Base Compensation for any particular month will be equal to the product of (1) the sum of (a) the aggregate sum of the following products for each aircraft type set forth in the Final Monthly Schedule: (i) the First Implied Rate for such month for each aircraft type set forth on Appendix 22a, multiplied by (ii) the scheduled block hours for such month and aircraft type as set forth on the Final Monthly Schedule multiplied by the First Benchmark Factor for such month, (b) the aggregate sum of the following products for each aircraft type set forth in the Final Monthly Schedule: (i) the Second Implied Rate for such month for each aircraft type set forth on Appendix 22a, multiplied by (ii) the Appendix 7 Block Hours for such aircraft type set forth on Appendix 7, multiplied by (iii) the scheduled departures for such month and aircraft type as set forth on the Final Monthly Schedule multiplied by the First Benchmark Factor for such month, plus (c) the product of (i) the Third Implied Expenses for such month set forth in Appendix 22a, multiplied by (ii) 1000, multiplied by (2) the rate set forth in Appendix 25A."

 

	Paragraph (B)(8)(b) of Schedule 3 is hereby amended by deleting such subparagraph in its entirety.

 
14. Paragraph (B)(8)(e) of Schedule 3 is hereby amended by deleting such subparagraph in its entirety.

 

15. Pursuant to Section 3.02 of the CPA, Block Hour Rates and the compensation described in paragraphs A(1) and A(2)(c) of Schedule 3 are hereby adjusted as described in the revised Appendices to Schedule 3 attached hereto.   

Capitalized terms not defined herein shall be defined as provided in the CPA.  Except as specifically amended or modified hereby, the CPA shall remain in effect as written.  This Amendment may be signed in counterparts.

 

If Contractor is in agreement with the above Fourth Amendment to the CPA, please indicate its agreement by having an authorized representative sign below in the space provided and return a signed copy of this Amendment to the undersigned at the address above.

 

 

 

 

Very truly yours,

 

Continental Airlines, Inc.

 
By:___/s/ Jeffrey J. Misner__________________

Executive Vice President &

Chief Financial Officer

 

 

Agreed:EXPRESSJET HOLDINGS, Inc. 

XJT HOLDINGS, INC.

EXPRESSJET AIRLINES, INC.

 

 

By:___/s/ Fred Cromer____________________

Vice President and 

Chief Financial Officer

 

                                   APPENDIX 1

       

         

------------------------------------------------------------------------------------------------------------------------------

                                                  APPENDIX 1 EXPENSES (000'S)

------------------------------------------------------------------------------------------------------------------------------

        COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN  COLUMN

Date      1       2       3       4       5       6       7       8       9       10      11      12      13      14      15

------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------

                                                                                                                           

Jan-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Feb-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Mar-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Apr-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

May-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Jun-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Jul-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Aug-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Sep-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Oct-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Nov-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

Dec-05   XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX     XXX

        

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 2

       

         

----------------------------------------------------------------------------------------------------------------------------------

                                                        2005 BENCHMARK RATES

----------------------------------------------------------------------------------------------------------------------------------

                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING

    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK

    ----          ----------------       -----------------       -----------------       ----------------       ----------------

                                                                                                                   

   Jan-05               XXX                     XXX                     XXX                    XXX                     XXX

   Feb-05               XXX                     XXX                     XXX                    XXX                     XXX

   Mar-05               XXX                     XXX                     XXX                    XXX                     XXX

   Apr-05               XXX                     XXX                     XXX                    XXX                     XXX

   May-05               XXX                     XXX                     XXX                    XXX                     XXX

   Jun-05               XXX                     XXX                     XXX                    XXX                     XXX

   Jul-05               XXX                     XXX                     XXX                    XXX                     XXX

   Aug-05               XXX                     XXX                     XXX                    XXX                     XXX

   Sep-05               XXX                     XXX                     XXX                    XXX                     XXX

   Oct-05               XXX                     XXX                     XXX                    XXX                     XXX

   Nov-05               XXX                     XXX                     XXX                    XXX                     XXX

   Dec-05               XXX                     XXX                     XXX                    XXX                     XXX

        

 

       

         

----------------------------------------------------------------------------------------------------------------------------------

                                                         2004 ACTUAL RATES

----------------------------------------------------------------------------------------------------------------------------------

                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING

    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK

    ----          ----------------       -----------------       -----------------       ----------------       ----------------

                                                                                                                   

   Jan-04               XXX                     XXX                     XXX                    XXX                     XXX

   Feb-04               XXX                     XXX                     XXX                    XXX                     XXX

   Mar-04               XXX                     XXX                     XXX                    XXX                     XXX

   Apr-04               XXX                     XXX                     XXX                    XXX                     XXX

   May-04               XXX                     XXX                     XXX                    XXX                     XXX

   Jun-04               XXX                     XXX                     XXX                    XXX                     XXX

   Jul-04               XXX                     XXX                     XXX                    XXX                     XXX

   Aug-04               XXX                     XXX                     XXX                    XXX                     XXX

   Sep-04               XXX                     XXX                     XXX                    XXX                     XXX

   Oct-04               XXX                     XXX                     XXX                    XXX                     XXX

   Nov-04               XXX                     XXX                     XXX                    XXX                     XXX

   Dec-04               XXX                     XXX                     XXX                    XXX                     XXX

        

 

       

         

----------------------------------------------------------------------------------------------------------------------------------

                                                         2003 ACTUAL RATES

----------------------------------------------------------------------------------------------------------------------------------

                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING

    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK

    ----          ----------------       -----------------       -----------------       ----------------       ----------------

                                                                                                                   

   Jan-03               XXX                     XXX                     XXX                    XXX                     XXX

   Feb-03               XXX                     XXX                     XXX                    XXX                     XXX

   Mar-03               XXX                     XXX                     XXX                    XXX                     XXX

   Apr-03               XXX                     XXX                     XXX                    XXX                     XXX

   May-03               XXX                     XXX                     XXX                    XXX                     XXX

   Jun-03               XXX                     XXX                     XXX                    XXX                     XXX

   Jul-03               XXX                     XXX                     XXX                    XXX                     XXX

   Aug-03               XXX                     XXX                     XXX                    XXX                     XXX

   Sep-03               XXX                     XXX                     XXX                    XXX                     XXX

   Oct-03               XXX                     XXX                     XXX                    XXX                     XXX

   Nov-03               XXX                     XXX                     XXX                    XXX                     XXX

   Dec-03               XXX                     XXX                     XXX                    XXX                     XXX

        

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

APPENDIX 2

 

       

         

----------------------------------------------------------------------------------------------------------------------------------

                                                         2002 ACTUAL RATES

----------------------------------------------------------------------------------------------------------------------------------

                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING

    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK

    ----          ----------------       -----------------       -----------------       ----------------       ----------------

                                                                                                                   

   Jan-02               XXX                     XXX                     XXX                    XXX                     XXX

   Feb-02               XXX                     XXX                     XXX                    XXX                     XXX

   Mar-02               XXX                     XXX                     XXX                    XXX                     XXX

   Apr-02               XXX                     XXX                     XXX                    XXX                     XXX

   May-02               XXX                     XXX                     XXX                    XXX                     XXX

   Jun-92               XXX                     XXX                     XXX                    XXX                     XXX

   Jul-02               XXX                     XXX                     XXX                    XXX                     XXX

   Aug-02               XXX                     XXX                     XXX                    XXX                     XXX

   Sep-02               XXX                     XXX                     XXX                    XXX                     XXX

   Oct-02               XXX                     XXX                     XXX                    XXX                     XXX

   Nov-02               XXX                     XXX                     XXX                    XXX                     XXX

   Dec-02               XXX                     XXX                     XXX                    XXX                     XXX

        

 

       

         

----------------------------------------------------------------------------------------------------------------------------------

                                                         2001 ACTUAL RATES

----------------------------------------------------------------------------------------------------------------------------------

                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING

    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK

    ----          ----------------       -----------------       -----------------       ----------------       ----------------

                                                                                                                   

   Jan-01               XXX                     XXX                     XXX                    XXX                     XXX

   Feb-01               XXX                     XXX                     XXX                    XXX                     XXX

   Mar-01               XXX                     XXX                     XXX                    XXX                     XXX

   Apr-01               XXX                     XXX                     XXX                    XXX                     XXX

   May-01               XXX                     XXX                     XXX                    XXX                     XXX

   Jun-01               XXX                     XXX                     XXX                    XXX                     XXX

   Jul-01               XXX                     XXX                     XXX                    XXX                     XXX

   Aug-01               XXX                     XXX                     XXX                    XXX                     XXX

   Sep-01               XXX                     XXX                     XXX                    XXX                     XXX

   Oct-01               XXX                     XXX                     XXX                    XXX                     XXX

   Nov-01               XXX                     XXX                     XXX                    XXX                     XXX

   Dec-01               XXX                     XXX                     XXX                    XXX                     XXX

        

 

       

         

----------------------------------------------------------------------------------------------------------------------------------

                                                         2000 ACTUAL RATES

----------------------------------------------------------------------------------------------------------------------------------

                       FIRST                   FIRST                  SECOND             HEADSTART ONTIME       BAGGAGE HANDLING

    DATE          BENCHMARK FACTOR       CANCELLATION RATE       CANCELLATION RATE          BENCHMARK               BENCHMARK

    ----          ----------------       -----------------       -----------------       ----------------       ----------------

                                                                                                                   

   Jan-00               XXX                     XXX                     XXX                    XXX                     XXX

   Feb-00               XXX                     XXX                     XXX                    XXX                     XXX

   Mar-00               XXX                     XXX                     XXX                    XXX                     XXX

   Apr-00               XXX                     XXX                     XXX                    XXX                     XXX

   May-00               XXX                     XXX                     XXX                    XXX                     XXX

   Jun-00               XXX                     XXX                     XXX                    XXX                     XXX

   Jul-00               XXX                     XXX                     XXX                    XXX                     XXX

   Aug-00               XXX                     XXX                     XXX                    XXX                     XXX

   Sep-00               XXX                     XXX                     XXX                    XXX                     XXX

   Oct-00               XXX                     XXX                     XXX                    XXX                     XXX

   Nov-00               XXX                     XXX                     XXX                    XXX                     XXX

   Dec-00               XXX                     XXX                     XXX                    XXX                     XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 3

       

         

----------------------------------------------------------------------------------------------

                                  APPENDIX 3 BLOCK HOUR RATES

----------------------------------------------------------------------------------------------

        DATE              RJ135         RJ145

        ----              -----         -----

                                                                                      

    BENCHMARK SL           XXX           XXX

       Jan-05              XXX           XXX

       Feb-05              XXX           XXX

       Mar-05              XXX           XXX

       Apr-05              XXX           XXX

       May-05              XXX           XXX

       Jun-05              XXX           XXX

       Jul-05              XXX           XXX

       Aug-05              XXX           XXX

       Sep-05              XXX           XXX

       Oct-05              XXX           XXX

       Nov-05              XXX           XXX

       Dec-05              XXX           XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 4

       

         

----------------------------------------------------------------------------------------

                                  APPENDIX 4 BLOCK HOUR RATES

----------------------------------------------------------------------------------------

     DATE           RJ135         RJ145  

     ----           -----         -----  

                                                                                

    Jan-05           XXX           XXX   

    Feb-05           XXX           XXX   

    Mar-05           XXX           XXX   

    Apr-05           XXX           XXX   

    May-05           XXX           XXX   

    Jun-05           XXX           XXX   

    Jul-05           XXX           XXX   

    Aug-05           XXX           XXX   

    Sep-05           XXX           XXX   

    Oct-05           XXX           XXX   

    Nov-05           XXX           XXX   

    Dec-05           XXX           XXX   

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 5

       

         

---------------------------  ------------------------    --------------------------------

Appendix 5 Block Hour Rates  GH Variable Block Hour       Variable Pool Expense Block Hour

---------------------------  ------------------------    --------------------------------

Date     RJ135     RJ145     DATE     RJ135     RJ145     Date      RJ135     RJ145

----     -----     -----     ----     -----     -----     ----      -----     -----

                                                                                

Jan-05    XXX       XXX      Jan-05    XXX       XXX      Jan-05     XXX        XXX

Feb-05    XXX       XXX      Feb-05    XXX       XXX      Feb-05     XXX        XXX

Mar-05    XXX       XXX      Mar-05    XXX       XXX      Mar-05     XXX        XXX

Apr-05    XXX       XXX      Apr-05    XXX       XXX      Apr-05     XXX        XXX

May-05    XXX       XXX      May-05    XXX       XXX      May-05     XXX        XXX

Jun-05    XXX       XXX      Jun-05    XXX       XXX      Jun-05     XXX        XXX

Jul-05    XXX       XXX      Jul-05    XXX       XXX      Jul-05     XXX        XXX

Aug-05    XXX       XXX      Aug-05    XXX       XXX      Aug-05     XXX        XXX

Sep-05    XXX       XXX      Sep-05    XXX       XXX      Sep-05     XXX        XXX

Oct-05    XXX       XXX      Oct-05    XXX       XXX      Oct-05     XXX        XXX

Nov-05    XXX       XXX      Nov-05    XXX       XXX      Nov-05     XXX        XXX

Dec-05    XXX       XXX      Dec-05    XXX       XXX      Dec-05     XXX        XXX

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 6

       

         

----------------------------------------------------------------------------------------

                           APPENDIX 6 BLOCK HOUR RATES

----------------------------------------------------------------------------------------

     DATE           RJ135         RJ145

     ----           -----         ----- 

                                                                                

    Jan-05           XXX           XXX  

    Feb-05           XXX           XXX  

    Mar-05           XXX           XXX  

    Apr-05           XXX           XXX  

    May-05           XXX           XXX 

    Jun-05           XXX           XXX 

    Jul-05           XXX           XXX 

    Aug-05           XXX           XXX 

    Sep-05           XXX           XXX 

    Oct-05           XXX           XXX 

    Nov-05           XXX           XXX 

    Dec-05           XXX           XXX 

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

                                   APPENDIX 7

       

         

----------------------------------------------------------------------------------------

                                  APPENDIX 7 BLOCK HOURS

----------------------------------------------------------------------------------------

         DATE                  RJ135        RJ145

         ----                  -----        -----

                                                                                      

        Row 1                   XXX          XXX

        Row 2                   XXX          XXX    

        Row 3                   XXX          XXX    

Appendix 7 Block Hours          XXX          XXX    

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

 

 

 

 

 

                                   APPENDIX 8

       

         

   ---------------------------------------------------------------------------------------

                     FIRST FORECAST             FIRST FORECAST            FIRST FORECAST

    DATE                 RATES                RATE - COMPONENT 1        RATE - COMPONENT 2

   ------            --------------           ------------------        ------------------

                                                                           

   Jan-05                 XXX                         XXX                       XXX

   Feb-05                 XXX                         XXX                       XXX

   Mar-05                 XXX                         XXX                       XXX

   Apr-05                 XXX                         XXX                       XXX

   May-05                 XXX                         XXX                       XXX

   Jun-05                 XXX                         XXX                       XXX

   Jul-05                 XXX                         XXX                       XXX

   Aug-05                 XXX                         XXX                       XXX

   Sep-05                 XXX                         XXX                       XXX

   Oct-05                 XXX                         XXX                       XXX

   Nov-05                 XXX                         XXX                       XXX

   Dec-05                 XXX                         XXX                       XXX

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 9

       

         

      EMB135                  EMB145          

STAGE     GALLONS       STAGE       GALLONS   

LENGTH   PER BLK HR     LENGTH     PER BLK HR 

------   ----------     ------     ---------- 

                                                                                                                    

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX     

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

 XXX        XXX          XXX          XXX          

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

 

 

 

                                   APPENDIX 10

       

         

----------------------------------------------------------

                      APPENDIX 10 FEES

----------------------------------------------------------

     DATE          INVOICE RATE        RECONCILIATION RATE

     ----          ------------        -------------------

                                          

    Jan-05              XXX                    XXX

    Feb-05              XXX                    XXX

    Mar-05              XXX                    XXX

    Apr-05              XXX                    XXX

    May-05              XXX                    XXX

    Jun-05              XXX                    XXX

    Jul-05              XXX                    XXX

    Aug-05              XXX                    XXX

    Sep-05              XXX                    XXX

    Oct-05              XXX                    XXX

    Nov-05              XXX                    XXX

    Dec-05              XXX                    XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 11

       

         

-----------------------------------------------------------------------------------

                          FIRST INCREMENTAL COST RATES

-----------------------------------------------------------------------------------

     DATE           RJ135         RJ145

     ----           -----         -----     

                                                                                 

    Jan-05           XXX           XXX      

    Feb-05           XXX           XXX      

    Mar-05           XXX           XXX      

    Apr-05           XXX           XXX      

    May-05           XXX           XXX      

    Jun-05           XXX           XXX      

    Jul-05           XXX           XXX      

    Aug-05           XXX           XXX      

    Sep-05           XXX           XXX      

    Oct-05           XXX           XXX      

    Nov-05           XXX           XXX      

    Dec-05           XXX           XXX      

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 12

       

         

    -------------------------------------------------------------------------------

                          SECOND INCREMENTAL COST RATES

    -------------------------------------------------------------------------------

     DATE           RJ135         RJ145

     ----           -----         -----

                                                                                 

    Jan-05           XXX           XXX 

    Feb-05           XXX           XXX 

    Mar-05           XXX           XXX 

    Apr-05           XXX           XXX 

    May-05           XXX           XXX 

    Jun-05           XXX           XXX 

    Jul-05           XXX           XXX 

    Aug-05           XXX           XXX 

    Sep-05           XXX           XXX 

    Oct-05           XXX           XXX 

    Nov-05           XXX           XXX 

    Dec-05           XXX           XXX 

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                   APPENDIX 13

       

         

-------------------------------------------------------------------------------------------

                            APPENDIX 13 INCREMENTAL COST RATES

-------------------------------------------------------------------------------------------

 DATE             RJ135            RJ145

 ----             -----            -----

                                                                                         

Jan-05             XXX              XXX              

Feb-05             XXX              XXX             

Mar-05             XXX              XXX     

Apr-05             XXX              XXX     

May-05             XXX              XXX     

Jun-05             XXX              XXX     

Jul-05             XXX              XXX     

Aug-05             XXX              XXX     

Sep-05             XXX              XXX     

Oct-05             XXX              XXX     

Nov-05             XXX              XXX     

Dec-05             XXX              XXX     

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 14

       

         

------------------------------------------------------------------------------------

                           APPENDIX 14 BLOCK HOUR RATES

------------------------------------------------------------------------------------

    DATE              RJ135         RJ145

    ----              -----         -----

                                                                                  

BENCHMARK SL           XXX           XXX    

   Jan-05              XXX           XXX    

   Feb-05              XXX           XXX    

   Mar-05              XXX           XXX    

   Apr-05              XXX           XXX    

   May-05              XXX           XXX    

   Jun-05              XXX           XXX    

   Jul-05              XXX           XXX    

   Aug-05              XXX           XXX    

   Sep-05              XXX           XXX    

   Oct-05              XXX           XXX    

   Nov-05              XXX           XXX    

   Dec-05              XXX           XXX    

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 15

       

         

-----------------------------------------------------------------------------

                     FIFTH INCREMENTAL COST RATE ALLOCATION

-----------------------------------------------------------------------------

              EXPENSE                                  ALLOCATION METHODOLOGY

              -------                                  ----------------------

                                                          

Aircraft Rent                                                    XXX

Maintenance Overhead                                             XXX

Hull Insurance                                                   XXX

Employee Incentives                                              XXX

Property Taxes                                                   XXX

Depreciation                                                     XXX

Management Fee                                                   XXX

General & Administrative                                         XXX

Airport Overhead                                                 XXX

CAL Fixed Pool of Expenses                                       XXX

Glycol                                                           XXX

Snow Removal                                                     XXX

De-icing                                                         XXX

Airport Facility Rent                                            XXX

3rd Party Ground Handling                                        XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                  APPENDIX 16a

       

         

------------------------------------------------------------------------------------------------------------------------

                                                    PILOT HOTEL VOLUME

------------------------------------------------------------------------------------------------------------------------

                            COST PER CONTRACT             CONTRACT HOTEL STAYS PER              RATE PER BLOCK HOUR FOR

        DATE                   HOTEL STAY                   SCHEDULED BLOCK HOUR               EXTRAORDINARY HOTEL STAYS

        ----                -----------------             ------------------------             -------------------------

                                                                                                  

       Jan-05                      XXX                              XXX                                   XXX

       Feb-05                      XXX                              XXX                                   XXX

       Mar-05                      XXX                              XXX                                   XXX

       Apr-05                      XXX                              XXX                                   XXX

       May-05                      XXX                              XXX                                   XXX

       Jun-05                      XXX                              XXX                                   XXX

       Jul-05                      XXX                              XXX                                   XXX

       Aug-05                      XXX                              XXX                                   XXX

       Sep-05                      XXX                              XXX                                   XXX

       Oct-05                      XXX                              XXX                                   XXX

       Nov-05                      XXX                              XXX                                   XXX

       Dec-05                      XXX                              XXX                                   XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                  APPENDIX 16b

       

         

-------------------------------------------------------------------------------------------------------------

                                         FLIGHT ATTENDANT HOTEL VOLUME

-------------------------------------------------------------------------------------------------------------

                         COST PER CONTRACT        CONTRACT HOTEL STAYS PER           RATE PER BLOCK HOUR FOR

         DATE                HOTEL STAY             SCHEDULED BLOCK HOUR            EXTRAORDINARY HOTEL STAYS

         ----            -----------------        ------------------------          -------------------------

                                                                                       

        Jan-05                  XXX                         XXX                                XXX

        Feb-05                  XXX                         XXX                                XXX

        Mar-05                  XXX                         XXX                                XXX

        Apr-05                  XXX                         XXX                                XXX

        May-05                  XXX                         XXX                                XXX

        Jun-05                  XXX                         XXX                                XXX

        Jul-05                  XXX                         XXX                                XXX

        Aug-05                  XXX                         XXX                                XXX

        Sep-05                  XXX                         XXX                                XXX

        Oct-05                  XXX                         XXX                                XXX

        Nov-05                  XXX                         XXX                                XXX

        Dec-05                  XXX                         XXX                                XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                  APPENDIX 17a

       

         

---------------------------------------------------------------------------------------

                             ASSUMED PILOT TRAINING COST PER CYCLE

---------------------------------------------------------------------------------------

TRAINING CYCLE                                  2005

--------------                                  ----

                                                                                       

RJ

   Transitional                                  XXX

   Upgrade                                       XXX

   New Hire                                      XXX

   Recur Ground                                  XXX

   Recur Flight                                  XXX

   Hybrid                                        XXX

ATR

   Transitional                                  XXX

   Upgrade                                       XXX

   New Hire                                      XXX

   Recur Ground                                  XXX

   Recur Flight                                  XXX

Total

   Transitional                                  XXX

   Upgrade                                       XXX

   New Hire                                      XXX

   Recur Ground                                  XXX

   Recur Flight                                  XXX

   Hybrid                                        XXX

  

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                  APPENDIX 17b

       

         

    ----------------------------------------------------------------

                     PILOT NEW HIRE TRAINING CYCLES

    ----------------------------------------------------------------

     DATE                           RJ

     ----                           ---

                                                                    

    Jan-05                          XXX

    Feb-05                          XXX

    Mar-05                          XXX

    Apr-05                          XXX

    May-05                          XXX

    Jun-05                          XXX

    Jul-05                          XXX

    Aug-05                          XXX 

    Sep-05                          XXX

    Oct-05                          XXX 

    Nov-05                          XXX

    Dec-05                          XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                  APPENDIX 17c

       

         

    ----------------------------------------------------------------

                    PILOT TRANSITIONAL TRAINING CYCLES

    ----------------------------------------------------------------

     DATE             RJ

     ----             --

                                                                    

    Jan-05           XXX

    Feb-05           XXX

    Mar-05           XXX

    Apr-05           XXX           

    May-05           XXX           

    Jun-05           XXX           

    Jul-05           XXX           

    Aug-05           XXX           

    Sep-05           XXX           

    Oct-05           XXX           

    Nov-05           XXX           

    Dec-05           XXX           

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

                                  APPENDIX 17d

       

         

    ----------------------------------------------------------------

                      PILOT UPGRADE TRAINING CYCLES

    ----------------------------------------------------------------

     DATE            RJ

     ----            --

                                                                    

    Jan-05           XXX  

    Feb-05           XXX  

    Mar-05           XXX  

    Apr-05           XXX  

    May-05           XXX  

    Jun-05           XXX  

    Jul-05           XXX  

    Aug-05           XXX  

    Sep-05           XXX  

    Oct-05           XXX  

    Nov-05           XXX  

    Dec-05           XXX  

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

 

 

                                  APPENDIX 17e

       

         

    ----------------------------------------------------------------

                   PILOT RECURRENT FLIGHT TRAINING CYCLES

    ----------------------------------------------------------------

     DATE            RJ

     ----            ---

                                                                    

    Jan-05           XXX 

    Feb-05           XXX 

    Mar-05           XXX 

    Apr-05           XXX 

    May-05           XXX 

    Jun-05           XXX 

    Jul-05           XXX 

    Aug-05           XXX 

    Sep-05           XXX 

    Oct-05           XXX 

    Nov-05           XXX 

    Dec-05           XXX 

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                  APPENDIX 17f

       

         

    ---------------------------------------------------------------

                  PILOT RECURRENT GROUND TRAINING CYCLES

    ---------------------------------------------------------------

     DATE            RJ

     ----            ---

                                                                   

    Jan-05           XXX  

    Feb-05           XXX  

    Mar-05           XXX 

    Apr-05           XXX 

    May-05           XXX 

    Jun-05           XXX 

    Jul-05           XXX 

    Aug-05           XXX 

    Sep-05           XXX 

    Oct-05           XXX 

    Nov-05           XXX 

    Dec-05           XXX 

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                  APPENDIX 18a

       

         

       -------------------------------------------------------------------

                                 PILOT PER DIEM

       -------------------------------------------------------------------

                          AMOUNT PAYABLE               PER DIEM HOURS PER

        DATE               PER DIEM HOUR              SCHEDULED BLOCK HOUR

        ----              --------------              --------------------

                                                         

       Jan-05                   XXX                           XXX

       Feb-05                   XXX                           XXX

       Mar-05                   XXX                           XXX

       Apr-05                   XXX                           XXX

       May-05                   XXX                           XXX

       Jun-05                   XXX                           XXX

       Jul-05                   XXX                           XXX

       Aug-05                   XXX                           XXX

       Sep-05                   XXX                           XXX

       Oct-05                   XXX                           XXX

       Nov-05                   XXX                           XXX

       Dec-05                   XXX                           XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                  APPENDIX 18b

       

         

------------------------------------------------------------------------------

                            FLIGHT ATTENDANT PER DIEM

------------------------------------------------------------------------------

                          AMOUNT PAYABLE                   PER DIEM HOURS PER

 DATE                     PER DIEM HOUR                   SCHEDULED BLOCK HOUR

 ----                     -------------                   --------------------

                                                             

Jan-05                         XXX                                XXX

Feb-05                         XXX                                XXX

Mar-05                         XXX                                XXX

Apr-05                         XXX                                XXX

May-05                         XXX                                XXX

Jun-05                         XXX                                XXX

Jul-05                         XXX                                XXX

Aug-05                         XXX                                XXX

Sep-05                         XXX                                XXX

Oct-05                         XXX                                XXX

Nov-05                         XXX                                XXX

Dec-05                         XXX                                XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 19

       

         

------------------------------------------------------------------------------

                         PILOT SOFT TIME RECONCILIATION

------------------------------------------------------------------------------

                   AMOUNT PAYABLE PER          FLIGHT PAID HOURS PER SCHEDULED

 DATE               FLIGHT PAID HOUR                  PILOT BLOCK HOUR

 ----              ------------------          -------------------------------

                                                                               

Jan-05                    XXX                                XXX

Feb-05                    XXX                                XXX

Mar-05                    XXX                                XXX

Apr-05                    XXX                                XXX

May-05                    XXX                                XXX

Jun-05                    XXX                                XXX

Jul-05                    XXX                                XXX

Aug-05                    XXX                                XXX

Sep-05                    XXX                                XXX

Oct-05                    XXX                                XXX

Nov-05                    XXX                                XXX

Dec-05                    XXX                                XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

 

                                   APPENDIX 20

       

         

---------------------------------------------------------------------------------------

                            PILOT SENIORITY RECONCILIATION

---------------------------------------------------------------------------------------

                    AGGREGATE CONTINENTAL PILOTS           AMOUNT PAYABLE PER AGGREGATE

  DATE                TERMINATED BY CONTRACTOR             CONTINENTAL PILOT TERMINATED

-------             ----------------------------           ----------------------------

                                                              

 Jan-05                         XXX                                     XXX

 Feb-05                         XXX                                     XXX

 Mar-05                         XXX                                     XXX

 Apr-05                         XXX                                     XXX

 May-05                         XXX                                     XXX

 Jun-05                         XXX                                     XXX

 Jul-05                         XXX                                     XXX

 Aug-05                         XXX                                     XXX

 Sep-05                         XXX                                     XXX

 Oct-05                         XXX                                     XXX

 Nov-05                         XXX                                     XXX

 Dec-05                         XXX                                     XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 21

       

         

------------------------------------------------------------------------------------------------------------------------

                                           AIRPORT AGENT VOLUME RECONCILIATION

------------------------------------------------------------------------------------------------------------------------

               AMOUNT PAYABLE PER          AGENT            IMPLIED          IMPLIED          IMPLIED          IMPLIED

 DATE           AGENT PAID HOUR          PAID HOURS       SICK TIME %       OVERTIME %       HOLIDAY %        VACATION %

------         ------------------        ----------       -----------       ----------       ---------        ----------

                                                                                                                 

Jan-05                XXX                   XXX               XXX              XXX              XXX              XXX

Feb-05                XXX                   XXX               XXX              XXX              XXX              XXX

Mar-05                XXX                   XXX               XXX              XXX              XXX              XXX

Apr-05                XXX                   XXX               XXX              XXX              XXX              XXX

May-05                XXX                   XXX               XXX              XXX              XXX              XXX

Jun-05                XXX                   XXX               XXX              XXX              XXX              XXX

Jul-05                XXX                   XXX               XXX              XXX              XXX              XXX

Aug-05                XXX                   XXX               XXX              XXX              XXX              XXX

Sep-05                XXX                   XXX               XXX              XXX              XXX              XXX

Oct-05                XXX                   XXX               XXX              XXX              XXX              XXX

Nov-05                XXX                   XXX               XXX              XXX              XXX              XXX

Dec-05                XXX                   XXX               XXX              XXX              XXX              XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                   APPENDIX 22

       

         

-----------------------------------------------------------------------------------------------------------------

                                        RECONCILIATION OF EXPENSES (000'S)

-----------------------------------------------------------------------------------------------------------------

         B(9)(a)  B(9)(a) B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a)  B(9)(a) B(9)(a)

 DATE     (i)      (ii)    (iii)    (iv)      (v)      (v)     (vi)     (vii)    (viii)  (viii)    (viii)   (ix) 

------   -------  ------- -------  -------  -------  -------  -------  -------  -------  -------  ------- -------

                                                                                                                 

Jan-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Feb-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Mar-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Apr-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

May-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Jun-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Jul-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Aug-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Sep-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Oct-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Nov-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

Dec-05    XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX      XXX 

 

         

----------------------------------------------------------------

          RECONCILIATION OF EXPENSES (000'S)

----------------------------------------------------------------

         B(9)(a)  B(9)(a)   B(9)(a)  B(9)(a)  B(9)(a)   B(9)(a)

 DATE      (x)      (xi)     (xii)    (xiv)     (xv)     (xvi)

------   -------  -------   -------  -------  -------   --------

                                                    

Jan-05      XXX      XXX      XXX      XXX      XXX      XXX

Feb-05      XXX      XXX      XXX      XXX      XXX      XXX

Mar-05      XXX      XXX      XXX      XXX      XXX      XXX

Apr-05      XXX      XXX      XXX      XXX      XXX      XXX

May-05      XXX      XXX      XXX      XXX      XXX      XXX

Jun-05      XXX      XXX      XXX      XXX      XXX      XXX

Jul-05      XXX      XXX      XXX      XXX      XXX      XXX

Aug-05      XXX      XXX      XXX      XXX      XXX      XXX

Sep-05      XXX      XXX      XXX      XXX      XXX      XXX

Oct-05      XXX      XXX      XXX      XXX      XXX      XXX

Nov-05      XXX      XXX      XXX      XXX      XXX      XXX

Dec-05      XXX      XXX      XXX      XXX      XXX      XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

                                  APPENDIX 22A

       

         

    ------------------------------------       

         FIRST IMPLIED RATES

    ------------------------------------       

     DATE     RJ135        RJ145       

    ------    -----        -----       

                                                                         

    Jan-05     XXX          XXX        

    Feb-05     XXX          XXX        

    Mar-05     XXX          XXX        

    Apr-05     XXX          XXX        

    May-05     XXX          XXX        

    Jun-05     XXX          XXX        

    Jul-05     XXX          XXX        

    Aug-05     XXX          XXX        

    Sep-05     XXX          XXX        

    Oct-05     XXX          XXX        

    Nov-05     XXX          XXX        

    Dec-05     XXX          XXX        

         

    --------------------------------------         ----------------

        SECOND IMPLIED RATES                        THIRD IMPLIED

    --------------------------------------         ----------------

     DATE            RJ135        RJ145            EXPENSES (000'S)

    ------           -----        -----            ----------------

                                                                                            

    Jan-05           XXX          XXX                  XXX

    Feb-05           XXX          XXX                  XXX

    Mar-05           XXX          XXX                  XXX

    Apr-05           XXX          XXX                  XXX

    May-05           XXX          XXX                  XXX

    Jun-05           XXX          XXX                  XXX

    Jul-05           XXX          XXX                  XXX

    Aug-05           XXX          XXX                  XXX

    Sep-05           XXX          XXX                  XXX

    Oct-05           XXX          XXX                  XXX

    Nov-05           XXX          XXX                  XXX

    Dec-05           XXX          XXX                  XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

                                  APPENDIX 22b

       

         

    -------------------------------------------------------------------------------------

                                        FOURTH IMPLIED RATES

    -------------------------------------------------------------------------------------

        DATE              RJ135          RJ145

    ------------          -----          -----

                                                                                       

    BENCHMARK SL           XXX           XXX            

       Jan-05              XXX           XXX            

       Feb-05              XXX           XXX            

       Mar-05              XXX           XXX            

       Apr-05              XXX           XXX            

       May-05              XXX           XXX            

       Jun-05              XXX           XXX            

       Jul-05              XXX           XXX            

       Aug-05              XXX           XXX            

       Sep-05              XXX           XXX            

       Oct-05              XXX           XXX            

       Nov-05              XXX           XXX            

       Dec-05              XXX           XXX            

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

                                  APPENDIX 22c

       

         

    -------------------------------------------------------------------------------------

                                         FIFTH IMPLIED RATES

    -------------------------------------------------------------------------------------

        DATE              RJ135          RJ145

    ------------          -----          -----

                                                                                       

    BENCHMARK SL           XXX           XXX            

       Jan-05              XXX           XXX            

       Feb-05              XXX           XXX            

       Mar-05              XXX           XXX            

       Apr-05              XXX           XXX            

       May-05              XXX           XXX            

       Jun-05              XXX           XXX            

       Jul-05              XXX           XXX            

       Aug-05              XXX           XXX            

       Sep-05              XXX           XXX            

       Oct-05              XXX           XXX            

       Nov-05              XXX           XXX            

       Dec-05              XXX           XXX            

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

 

 

 

                                  APPENDIX 22d

       

         

   ---------------------------------------------------------------------

              SIXTH IMPLIED RATES

    DATE         RJ135        RJ145

   ---------------------------------------------------------------------

                                                                        

   Jan-05         XXX         XXX     

   Feb-05         XXX         XXX     

   Mar-05         XXX         XXX     

   Apr-05         XXX         XXX     

   May-05         XXX         XXX     

   Jun-05         XXX         XXX     

   Jul-05         XXX         XXX     

   Aug-05         XXX         XXX     

   Sep-05         XXX         XXX     

   Oct-05         XXX         XXX     

   Nov-05         XXX         XXX     

   Dec-05         XXX         XXX     

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

 

                                   APPENDIX 23

 

 

 

       

                                                     

    COST DIFFERENCE           =                    XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

                                  APPENDIX 24

       

         

   ---------------------------------------------------------------------

              CHARTER FLYING

    DATE         RJ135        RJ145

   ---------------------------------------------------------------------

                                                                        

   Jan-05         XXX         XXX     

   Feb-05         XXX         XXX     

   Mar-05         XXX         XXX     

   Apr-05         XXX         XXX     

   May-05         XXX         XXX     

   Jun-05         XXX         XXX     

   Jul-05         XXX         XXX     

   Aug-05         XXX         XXX     

   Sep-05         XXX         XXX     

   Oct-05         XXX         XXX     

   Nov-05         XXX         XXX     

   Dec-05         XXX         XXX     

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

 

 

                                   APPENDIX 25

       

         

----------------------------------------------------------------------------------------

                                  APPENDIX 25 RATES

----------------------------------------------------------------------------------------

                                  A           B

                               -----        -----

                                                                                      

                                XXX          XXX

        

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

APPENDIX 26

----------------------------------------------------------------------------------------

                                             APPENDIX 26 RATES

----------------------------------------------------------------------------------------

PERFORMANCE PERIOD GENERAL LEDGER ACCOUNTS

----------------------------------------------------------------------------------------

                     Account #XJT Account Name

                     ---------                      -----------------

1                    2021294000                            XXX

2                    2191030000                            XXX

3                    2190800000                            XXX

4                    2190900000                            XXX

5                    2190900200                            XXX

6                    2191900000                            XXX

7                    2192600000                            XXX

8                    2192700500                            XXX

9                    2192700600                            XXX

10                   2193100000                            XXX

11                   2395000000                            XXX

 

XXX REPRESENTS CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}]]