Document:

Exhibit

EXHIBIT 10.2

 
 SBP MS-65530-0016
        PP-65AC1-92251
                                                                                                                             Amendment No. Number 43

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (i) NOT MATERIAL AND (ii) WOULD BE LIKELY TO CAUSE COMPETITITVE HARM TO THE COMPANY IF PUBLICLY DISCLOSED. SUCH EXCLUDED INFORMATION IS DENOTED BY ASTERISKS IN BRACKETS [*****].

AMENDMENT 43
TO 
SBP MS-65530-0016
BETWEEN 
THE BOEING COMPANY 
AND 
SPIRIT AEROSYSTEMS, INC.

This Amendment (“Amendment”) to SBP MS-65530-0016 is entered into as of  the date of last signature below between Spirit Aerosystems, Inc., a Delaware Corporation (“Seller”) and The Boeing Company, a Delaware Corporation ("Boeing").  Hereinafter, the Seller and Boeing may be referred to jointly as “Parties” hereto.  All capitalized terms used and not defined herein shall have the meanings assigned thereto in the SBP (as defined below).

Now, therefore, in consideration of the mutual covenants set forth herein, the Parties agree as follows:

RECITALS

		
	A. 
	The Parties entered into SBP (the “SBP”) MS-65530-0016 on June 2005.

		
	B. 
	Simultaneously with the execution of this Amendment, the Parties are entering into the Settlement and Release Agreement (the “Settlement and Release”) in order to resolve the equitable adjustments required to be made for the Changes (as defined therein), as described more fully therein.

		
	C. 
	The Settlement and Release contemplates the execution and delivery of this Amendment.

D.  The Parties now desire to amend the SBP as contemplated by the Settlement and Release, and to make such additional changes as are set forth herein.

EXHIBIT 10.2

AGREEMENT

NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, and for other good and valuable consideration, the value, receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:

		
	1.
	Amendment.  The SBP is hereby amended as follows:

		
	a.
	Attachment 1 to the SBP is amended to incorporate Exhibit 1, which reflects the changes to the Product Shipset price.  

2.    Miscellaneous.

		
	a.
	Except as specifically set forth herein, all provisions of the SBP shall remain unchanged and in full force and effect.

		
	b.
	This Amendment together with the Settlement and Release constitute the complete and exclusive agreement between the Parties with respect to the subject matter set forth herein.  They cancel and supersede all previous and contemporaneous agreements between the Parties relating thereto, whether written or oral.

		
	c.
	Each Party agrees that it shall maintain in confidence this Amendment and the terms and conditions hereof.  No disclosure of all or any part of this Amendment shall be made by either Party to any person or entity, except in accordance with GTA Sections 20.0 and 26.0.

		
	d.
	This Amendment shall be governed by the internal laws of the State of Washington without reference to any rules governing conflict of laws.

    

IN WITNESS WHEREOF, the duly authorized representatives of the Parties have executed this Agreement as of the date first set forth above.

The Boeing Company                 [Seller]
by and through its division    
Boeing Commercial Airplanes    

	
		
	

Name: /s/ Kyra Doolin

Date: May 22, 2019
	

Name: /s/ Ryan Grant

Date: May 22, 2019

	Title: Contracts SPA
	Title: Contracts

EXHIBIT 10.2

Exhibit 1

Attachment 1 - Pricing
PRODUCTS AND PRICING
(Reference SBP Section 3.2, etc)

	
							
	Model
	P/N
	Description
	Old Non-Discounted Price
	New Non-Discounted Price
	Change Made
	CCN / RFQ

	[*****]
	[*****]
	[*****]
	[*****]
	[*****]
	[*****]
	[*****]Exhibit

EXHIBIT 10.3

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (i) NOT MATERIAL AND (ii) WOULD BE LIKELY TO CAUSE COMPETITITVE HARM TO THE COMPANY IF PUBLICLY DISCLOSED. SUCH EXCLUDED INFORMATION IS DENOTED BY ASTERISKS IN BRACKETS [*****].

AMENDMENT NUMBER 29

TO

Special Business Provisions (SBP) BCA-MS-65530-0019

BETWEEN

THE BOEING COMPANY

AND

SPIRIT AEROSYSTEMS, INC.

THIS AMENDMENT NUMBER 29 (“Amendment No. 29”) to Special Business Provisions BCA-MS-65530-0019 is made as of the last date executed below (the “Effective Date”) by and between Spirit AeroSystems, Inc., a Delaware corporation having its principal office in Wichita, Kansas (“Spirit”) and The Boeing Company, a Delaware corporation, acting by and through its division, Boeing Commercial Airplanes  (“Boeing”).  Hereinafter, Spirit and Boeing may be referred to individually as a “Party” or jointly as the “Parties.”

BACKGROUND

The Parties have entered into the General Terms Agreement, GTA BCA-65520-0032, dated June 16, 2005, as amended from time to time (the “GTA”) and the Special Business Provisions, BCA-MS-65530-0019, dated June 16, 2005, as amended from time to time (the "SBP") and now desire to again amend the SBP.  
		
	A.
	This Amendment No. 29 incorporates the Parties’ agreement pertaining to process and materials qualification for 787 in-house composite tape slitting.

AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, and for other good and valuable consideration, the value, receipt, and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:

		
	1.
	The SBP is hereby amended by deleting the SBP Table of Amendments Page 4 and replacing it in its entirety with a new Table of Amendments Page 4, attached hereto as Exhibit 1. 

		
	2.
	The SBP is hereby amended by adding a new SBP Section 12.8.7 “787 In-House Composite Tape Slitting,” attached hereto as Exhibit 2.

EXHIBIT 10.3

		
	3.
	Entire Agreement. Except as otherwise indicated in this Amendment No. 29, all terms defined in the SBP or GTA shall have the same meanings when used in this Amendment No. 29.  This Amendment No. 29 constitutes the complete and exclusive agreement between the Parties with respect to the subject matter of this Amendment No. 29, and this Amendment No. 29 supersedes all previous agreements between the Parties relating to the subject matter of Amendment No. 29, whether written or oral. The SBP and GTA shall remain in full force and effect and are not modified, revoked, or superseded except as specifically stated in this Amendment No. 29.

IN WITNESS WHEREOF, the duly authorized representatives of the Parties have executed this Amendment No. 29 as of the last date of execution set forth below. 

The Boeing Company                     Spirit AeroSystems Inc.
Acting by and through its division
Boeing Commercial Airplanes
By:    /s/ Helena Langowski                    By:    /s/ Leah Bockover    
Name:    Helena Langowski                    Name:    Leah Bockover    
Title:    Contracts Procurement Agent            Title:    Contract Administrator    
Date:    May 14, 2019                    Date:    May 14, 2019    

EXHIBIT 10.3

AMENDMENTS
Page 4
	
				
	Number

23

24

25

26

27

28

29
	Description

Annual Price Adjustment thru Line Number [*****]
Updated SBP Attachments 1, 2, and 27
Boeing Performed Rework and Repair
Updated SBP Attachment 16 Table A.1

Annual Price Adjustment thru Line Number [*****]
Updated SBP Attachments 1, 2, 3, and 27
Boeing Performed Rework and Repair
Updated SBP Attachment 16 Table A.1

MOU Dated 8-1-17 (Collective Resolution)
Amended SBP Sections 3.2.1, 4.1.3, 4.2, 4.3.1.1, 4.10, 4.12, 5.2.1, 7.2.1, 7.2.2, 7.5.1, 7.8.2, 8.1, 11.2, 12.6, and 12.8.1
Updated SBP Attachments 1, 2, 3, 7, 10, 16, 26, 27, 28, and 30
Annual Shipset Price Adjustment thru Line Number [*****]
Updated SBP Attachments 1, 2, and 27
Annual Shipset Price Adjustment thru Line Number [*****]
Updated SBP Attachments 1 and 2
Boeing Performed Rework and Repair
Updated SBP Attachment 16 Table A.1

PMI De-Implementation
Updated SBP Attachments 1 and 27
Added SBP Section 12.8.6 and Attachment 31

Annual Shipset Price Adjustment thru Line Number [*****]
Updated SBP Section 7.2.1 and SBP Attachments 1 and 2
Boeing Performed Rework and Repair
Updated SBP Attachment 16 Section A

MOA Dated 12-21-2018 (Collective Resolution 2.0)
Amended SBP Sections 4.1.3, 4.10, 5.5, and 7.5 and SBP Attachments 1, 7, 18, 27, 30, and 31
Added SBP Section 4.12.1 and Attachments 32 and 33
(Concurrently with the MOA, the Parties also executed that certain Settlement and Release Agreement dated 12-21-2018 pertaining to the release and settlement of warranty and various other claims)

787 In-House Composite Tape Slitting 
Added SBP Section 12.8.7 
	Date

8/3/15

12/16/15

9/22/17

12/14/17

8/17/18

1/30/19

5/14/19
	Approval

J. Loomis
L. Hampton

J. Loomis
L. Hampton

J. Will
M. Kurimsky

R. Satterthwaite
L. Hampton

H. Langowski
L. Hampton

T. McGuigan
E. Bossler

H. Langowski
L. Bockover

EXHIBIT 10.3

		
	12.8.7
	787 In-House Composite Tape Slitting

Boeing will qualify Spirit for 787 in-house tape slitting for composite material used on Products listed in Attachment 1 subject to the following conditions:
A. Spirit will be qualified for composite tape slitting in accordance with Boeing Specification Support Standards [*****] and [*****] and will be listed in the Qualified Parts List (QPL).  Boeing will limit the qualification use to 787 Section 41 statement of work. Any other use of the qualification will need prior Boeing approval.
B. Boeing will allocate internal Boeing Research & Technology (BR&T) resources for up to [*****] in support of Spirit’s qualification.  Any activity beyond this [*****] will be the responsibility of Spirit.  Prior to exceeding [*****], Boeing will notify Spirit and collectively work to a mutually agreed-to plan, including schedule and compensation, for any [*****] exceeding the [*****] baseline. 
C. Boeing will assist with the new [*****] material qualification with [*****]. Spirit will be responsible for any [*****] master roll to parent roll qualification expenses incurred by Spirit.
D. Spirit will be responsible for any of Spirit’s lost capital investment if qualification is not achieved.
E. Spirit will be responsible for direct coordination with [*****] on [*****] material pricing for materials purchased by Spirit.

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