Document:

Collaboration Agreement

 Exhibit 10.36 
 CONFIDENTIAL TREATMENT REQUESTED. 
 INFORMATION FOR WHICH CONFIDENTIAL
TREATMENT HAS BEEN 
 REQUESTED IS OMITTED AND MARKED WITH “[*******]” OR OTHERWISE 

CLEARLY INDICATED. AN UNREDACTED VERSION OF THIS DOCUMENT HAS 

ALSO BEEN PROVIDED TO THE SECURITIES AND EXCHANGE COMMISSION. 

COLLABORATION AGREEMENT 
 Between 
 CORONADO BIOSCIENCES, INC. 

(“CORONADO”) 
 and 
 OVAMED GMBH 

(“OVAMED”) 
 and 
 Dr. FALK PHARMA GMBH 

(“FALK”) 

 COLLABORATION AGREEMENT 

This Collaboration Agreement (“Agreement”) dated as of March 20, 2012 (the “Effective Date”), by and
among: 
 Coronado Biosciences, Inc., a corporation organized and existing under the laws of the State of Delaware,
United States, and having its principal place of business at 15 New England Executive Park, Burlington, MA 01803, USA (“CORONADO”), 
 Ovamed GmbH, a German corporation registered with the Commercial Register of Amtsgericht Reinbek under HRB 3577 having its principal office at Kiebitzhörn 31, 22885 Barsbüttel, Germany
(“OVAMED”), and 
 Dr. Falk Pharma GmbH, a German corporation registered with the Commercial
Register of Amtsgericht Freiburg im Breisgau under HRB 3266 having its principal office at Leinenweberstraße 5, 79041 Freiburg, Germany (“FALK”). 
 CORONADO, OVAMED and FALK are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” 

Article 1. 

Recitals 

1. Whereas, OVAMED and FALK are parties to the OVAMED FALK License related to Development, Commercialization, manufacturing and supply of
Product in the FALK Territory (as each such term is defined herein), which includes a sublicense of OVAMED rights under a License Agreement dated September 20, 2003 between OVAMED and the University of Iowa Research Foundation
(“UIRF”), as amended. 
 2. Whereas, OVAMED and CORONADO are parties to the OVAMED CORONADO Agreements related
to Development, Commercialization, manufacturing and supply of Product in the CORONADO Territory (as each such term is defined herein), which includes a sublicense of OVAMED rights under a License Agreement dated December 8, 2005 between OVAMED
and UIRF, as amended. 
 3. Whereas, consistent with FALK’s and OVAMED’s rights and obligations under the OVAMED FALK
License and CORONADO’s and OVAMED’s rights and obligations under the OVAMED CORONADO Agreements, the Parties desire to collaborate and cooperate with each other in good faith in connection with Development of Product for Crohn’s
disease, to grant each other certain rights and licenses, and to coordinate with OVAMED issues relating to Product manufacturing, all on the terms and conditions set forth herein. 

4. Whereas, the Parties entered into the Terms of Agreement dated December 22, 2011 (hereinafter “Terms of
Agreement”) setting forth the general agreements with respect to a collaboration and associated transactions by and among the Parties and providing the framework for a collaboration agreement to be entered into by and among the Parties.

 [This space is intentionally left blank.] 

 Agreement 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein contained, and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the Parties, intending to be legally bound hereby, do hereby agree as follows: 
 Article 2.

 Definitions 
 The following capitalized terms, whether used in the singular or the plural, shall have the following meanings as used in this Agreement unless otherwise specifically defined herein: 

2.1 “Affiliate” shall mean any corporation, firm, limited liability company, partnership or other entity,
which directly or indirectly controls or is controlled by or is under common control with a Party to this Agreement. For the purposes of this Article 2.1, “control” means ownership, directly or through one or more Affiliates, of
fifty percent (50%) or more of the shares of stock entitled to vote for the election of directors, in the case of a corporation, or fifty percent (50%) or more of the equity interests in the entity, in the case of any other type of legal
entity, status as a general partner in any partnership, or any other arrangement whereby a party controls or has the right to control the direction of the management or policies of an entity, whether through the ownership of voting securities, by
contract or otherwise. For the avoidance of doubt, the Parties agree that a company is deemed to be under “common control with” another company if the two companies are owned or controlled by the same group of individuals. 

2.2 “Bulk Drug Product” shall mean Product, prior to being in its labeled and packaged form.

 2.3 “Business Day” shall mean any day that is not a Saturday, a Sunday, a day on which the
New York Stock Exchange is closed, or other day on which banks are required or authorized by law to be closed in Freiburg, Germany. 
 2.4 “Clinical Data” shall mean all information, data, and results owned or Controlled by the applicable Party and Developed or obtained in connection with a Clinical Trial involving the
administration of Product for Crohn’s disease, including but not limited to minutes of meetings with, and scientific advice of, any regulatory authority (including, in the United States, the FDA, and in Europe, the EMA), case report forms,
electronic databases, and clinical study reports or summaries. 
 2.5 “Clinical Trial” shall
mean any investigation of Product in human subjects intended to discover or verify the clinical, pharmacological and/or other pharmacodynamic effects of the Product, and/or to identify any adverse reactions to the Product and/or to study absorption,
distribution, metabolism and excretion of the Product with the object of ascertaining its safety and/or efficacy. 
 2.6 “CMC” shall mean chemistry, manufacturing and controls. 
 2.7 “Commercialization” (including variations such as “Commercialize” and the like) shall mean those activities directed to the marketing, promotion, selling or offering for
sale of Product. 

  
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 2.8 “Commercially Reasonable and Diligent Efforts” shall
mean with respect to Development, a Party’s use of commercially reasonable efforts and resources for a company of its size consistent with (i) the rights and obligations of such Party under this Agreement and, as applicable, the OVAMED
FALK License and/or the OVAMED CORONADO Agreements; (ii) the exercise of prudent scientific and business judgment for a product of its type; (iii) such Party’s efforts with respect to other products in its product pipeline, and in
each case taking into consideration the impact of such efforts and resources on the Development of the Product as a whole. 
 2.9 “Competing Product” shall mean a biological product marketed by a Third Party that (a) has been approved as “biosimilar” to Product or “interchangeable” with
Product (as such terms are defined under the United States Biologics Price Competition and Innovation Act of 2009 and the regulations or guidances thereunder), and (b) has achieved a market share in the applicable country in the Coronado
Territory of [*******] in such country. 
 2.10 “Confidential Information” shall mean
information as defined under Article 15.1. 
 2.11 “Controlled” with respect to
Intellectual Property Rights shall mean the ability of a Party to grant a license or sublicense to such Intellectual Property Rights as provided for herein without violating the terms of any agreement or other arrangement with any Third Party
existing and in effect at the time such Party is or would be required hereunder to grant the other Party such license or sublicense. 
 2.12 “CORONADO Territory” shall mean the countries and territories listed in Exhibit 2. 

2.13 “Development” (including variations such as “Develop” and the like) shall mean those
activities as are customary for a company in the pharmaceutical industry as part of the process of obtaining Regulatory Approval, including conducting research, preclinical development and/or Clinical Trials. 

2.14 “Development Plan” shall mean the plan defined under Article 3.2. 

2.15 “Drug Approval Application” shall mean an application for Initial Regulatory Approval (including a
Marketing Authorization Application in Europe and a Biologics License Application in the United States). 

2.16 “Effective Date” shall mean the date first written above. 

2.17 “EMA” shall mean the European Medicines Agency. 

2.18 “European Commission” shall mean the Commission of the European Union. 

2.19 “FALK Patent Rights” shall mean FALK’s rights in the following: (a) U.S. Patent
Application Nos. 12/594,074 and 12/993,517 related to the Product; (b) U.S. patents issuing thereon or issuing from non-U.S. counterparts thereof; (c) any division, continuation-in-part, continuation, reissue and reexamination
applications, and extensions or restorations related to any of the foregoing; (d) any patents, patent applications, or other rights of FALK issuing from, or based on or claiming priority to or from any of the foregoing; and (e) any foreign
counterparts to any of the foregoing; in each case in the CORONADO Territory. 

  
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 2.20 “FALK Patent Rights License” shall mean the license
defined under Article 6.1. 
 2.21 “FALK Phase II Trial” shall mean the current Phase II
Clinical Trial titled “Double-blind, randomised, placebo-controlled, multi-centre phase II study to evaluate the efficacy and safety of three different dosages of oral Trichuris suis ova (TSO) suspension in active Crohn’s
disease” sponsored by FALK. 
 2.22 “FALK Pre-Clinical Data Package” shall mean the IMPD.

 2.23 “FALK Pre-Clinical Know-How” shall mean the FALK Pre-Clinical Data Package and the
Know-How and Pre-Clinical Data included therein. 
 2.24 “FALK Pre-Clinical Know-How License”
shall mean the license defined under Article 6.1. 
 2.25 “FALK Territory” shall mean
Germany and the countries and territories listed in Exhibit 1. 
 2.26
“FDA” shall mean the United States Food and Drug Administration. 
 2.27 “Field”
shall mean the prevention, treatment or cure of Crohn’s disease and/or ulcerative colitis. 
 2.28
“IMPD” shall mean the Investigational Medicinal Product Dossier filed by FALK with the German Federal Institute for Drugs and Medical Devices, together with the application for the authorization of the FALK Phase II Trial, reports
mentioned therein and updates of such reports, and all supplements and amendments thereto. 
 2.29
“Initial Regulatory Approval” shall mean the first authorization or approval of Drug Approval Applications for marketing or commercial sale of Product for Crohn’s disease in Europe and in the United States by the European
Commission and the FDA, respectively. 
 2.30 “Intellectual Property Rights” shall mean any and
all intellectual property rights including but not limited to patents and patent applications (including the FALK Patent Rights), Know-How (including the FALK Pre-Clinical Know-How, Pre-Clinical Data and Clinical Data), Inventions (whether
patentable or not) and/or trademarks. 
 2.31 “Invention” shall mean discoveries, processes,
methods, technologies or improvements and Know-How related to the formulation, delivery, presentation or manufacture of a Product first reduced to practice or created newly on or after the Effective Date. 

2.32 “Know-How” shall mean all proprietary, non-patented, practical information owned or Controlled by a
Party and relating to the Product including but not limited to trade secrets, techniques, data (including Confidential Information as defined in Article 15), discoveries, formulae, materials, practices, methods, processes, experience, test
data (including pharmacological, toxicological and Clinical Data), analytical and quality control data, marketing, pricing, distribution, cost and sales data or descriptions which is secret, substantial and identified; in this context,
“Secret” means that the Know-How, as a body or in the precise configuration and assembly of its components, is not generally known or easily accessible; “Substantial” means that the Know-How includes information
which is significant and 

  
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useful to the user for the intended use including but not limited to manufacturing, commercialization, marketing, sale and distribution; “Identified” means that the Know-How must
be described in a sufficiently comprehensive manner so as to make it possible to verify that it fulfils the criteria of secrecy and substantiality. 
 2.33 “Launch Date” shall mean the date determined by CORONADO to start with distribution and/or sale of the Product within a country in the CORONADO Territory. 

2.34 “Losses” shall have the meaning according to the definition under Article 17.1. 

2.35 “Mutual Non Disclosure Agreement” shall mean the Mutual Non Disclosure Agreement dated
December 7, 2011 and entered into between CORONADO and FALK. 
 2.36 “Net Sales” shall mean
the total gross receipts for sales of the Product by or on behalf of CORONADO or its Affiliates or by or on behalf of sublicensees (including distributors) of CORONADO or Affiliates of CORONADO (as applicable), whether invoiced or not, less only the
sum of the following: (a) usual trade discounts to customers; (b) sales, tariff duties and/or taxes directly imposed and with reference to particular sales; (c) amounts allowed or credited on returns or rejections; (d) bad debt
deductions actually written off during the accounting period; (e) outbound transportation prepaid or allowed and transportation insurance; (f) sales commissions; and (g) packaging and freight charges. Sales between or among CORONADO
or its Affiliates or sublicensees (including distributors) shall be excluded from the computation of Net Sales provided such parties are not the end-user of the Product, but sales by such entities to their non-affiliated customers shall be included
in such computation. Net Sales does not include sales of Product at or below the fully-burdened manufacturing cost solely for (i) non-profit research or clinical testing or (ii) indigent or similar public support or compassionate use
programs. 
 2.37 “OVAMED CORONADO Agreements” shall mean (a) the Exclusive Sublicense
Agreement dated December 12, 2005, and (b) the Manufacturing and Supply Agreement dated March 29, 2006, each as amended by, and including (i) the Letter Agreement dated November 8, 2007, (ii) the Term Sheet dated
June 8, 2010, and (iii) the Amendment and Agreement dated January 7, 2011, the parties to each of which are OVAMED and CORONADO (including any predecessors of CORONADO), and (iv) the Side Agreement effective as of
November 15, 2011 by and among CORONADO, OVAMED and UIRF; as each such agreement may be further amended during the Term of this Agreement. 
 2.38 “OVAMED FALK License” shall mean the Development, Manufacturing and Commercialization Agreement by and between OVAMED and FALK dated as of January 9, 2004, as amended on
March 20, 2012, and as may be further amended during the term of this Agreement. 
 2.39
“ParaTech” shall mean Parasite Technologies A/S, a Danish corporation registered with the Danish Commerce and Companies Agency under company registration number 27 97 18 22 with its principal office at Vallerød Banevej 12,
DK2960 Rungsted Kyst. 
 2.40 “Party” shall mean OVAMED, FALK, or CORONADO and, when used in the
plural, shall mean all three of them. 
 2.41 “Patent Costs” shall mean the reasonable direct
fees and expenses actually paid by a Party to Third Parties, including attorneys and patent offices, that are specifically identifiable and incurred for the filing, prosecution, and maintenance of the specified patents and/or patent applications in
accordance with the terms of this Agreement. 

  
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 2.42 “Pharmacovigilance Data” shall mean information
generated by or on behalf of a Party in connection with its pharmacovigilance duties related to the Product including but not limited to information generated in connection with adverse reaction reporting, development safety update reports, periodic
safety update reports and post-authorisation safety studies. 
 2.43 “Pre-Clinical Data” shall
mean technical, analytical, stability, quality control data, and CMC data relating to the Product and/or results of physico-chemical, pharmaceutical, biological including microbiological, toxicological and pharmacological tests of the Product.

 2.44 “Product” shall mean any pharmaceutical or medicinal product containing Trichuris
suis ova (TSO) as the active ingredient, incorporated into any formulation or delivery system, intended for use in the prevention, treatment or cure of any human disease or condition. 

2.45 “Regulatory Approval” shall mean any approvals (including pricing and reimbursement approvals),
licenses, registrations or authorizations of national or international or local regulatory agency, department, bureau or other governmental entity necessary for the marketing or commercial sale of the Product in the Respective Territory. 

2.46 “Regulatory Filing” shall mean any submission, filing or application with any regulatory authority
(including, in the United States, the FDA, and in Europe, the EMA) required to obtain or maintain authorization to conduct Clinical Trials with Product and/or authorization and approval to market or sell Product in the CORONADO Territory or the FALK
Territory, as applicable. 
 2.47 “Respective Territory” shall mean, when the applicable
Party is explicitly or implicitly FALK, the FALK Territory, and when the applicable Party is explicitly or implicitly CORONADO, the CORONADO Territory. 
 2.48 “Royalty” shall mean the royalty defined under Article 7.1(d). 
 2.49 “Royalty Term” shall have the meaning as defined under Article 19.1(d). 
 2.50 “SEC” shall mean the United States Securities and Exchange Commission, or any successor agency. 

2.51 “Specifications” shall mean the quality assurance, quality process parameters and quality release
standards and procedures for the Bulk Drug Product, as set forth in Regulatory Filings. 
 2.52 “Steering
Committee” shall mean that body established pursuant to Article 4.1. 
 2.53
“Successor” shall mean Affiliates and other successors as defined under Article 22.1. 

2.54 “Third Party” shall mean any entity other than CORONADO and Affiliates and sublicensees of CORONADO,
OVAMED and Affiliates and sublicensees of OVAMED, and FALK and Affiliates and sublicensees of FALK. 

  
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 2.55 “Trichuris suis ova” shall mean
the ova or eggs of the Trichuris suis worm. 
 2.56 “TSO” shall mean Trichuris
suis ova. 
 Article 3. 
 Scope of the Collaboration 
 3.1 General Goals. The
Parties agree, pursuant and subject to the terms of this Agreement and, as applicable, of the OVAMED FALK License, and of the OVAMED CORONADO Agreements, to further Develop the Product for Crohn’s disease with the goal to obtain the Initial
Regulatory Approvals (the “Development Collaboration”). 
 3.2 Development Plan.
The overall strategy for the Development Collaboration to reach the general goals according to Article 3.1 shall be set forth in a written plan (hereinafter the “Development Plan”). The Development Plan will be established by
the Steering Committee and reviewed and adapted periodically by the Steering Committee and shall be discussed at Steering Committee meetings. Notwithstanding the foregoing, (a) in the event any provision set forth in the Development Plan
conflicts with or is inconsistent with a provision of this Agreement, the provisions of this Agreement shall control; and (b) the Development Plan shall not impose obligations on a Party, except to the extent provided for in this Agreement,
without such Party’s consent. 
 Article 4. 
 Management of the Collaboration 
 4.1 Establishment of
Steering Committee. 
 (a) The Parties hereby establish a Steering Committee to function as a forum
for the Parties to inform and consult with one another concerning the Development Collaboration. The Steering Committee will be composed of three (3) representatives of each Party, who shall be appointed (and may be replaced at any time) by
such Party on written notice to the other Party in accordance with this Agreement. Such representatives shall include individuals within the senior management of each Party with expertise and responsibilities in the areas of Development, process
sciences, manufacturing or regulatory affairs, as applicable to the stage of Development of the Product. Any member of the Steering Committee may designate a substitute to attend and perform the functions of that member at any meeting of the
Steering Committee. Additional representatives or designees of a Party may from time to time be invited to attend Steering Committee meetings, with the consent of the other Parties, which consent shall not be unreasonably withheld. 

(b) One of the three representatives for each Party shall be designated as that Party’s General Manager.
Although the members of the Steering Committee can and should change as the life cycle of the Product changes, the Parties will endeavor to keep the General Managers consistent for each Party throughout the Development Collaboration to maintain
continuity in the collaboration. 
 (c) The initial Steering Committee members, including the General
Manager, from each Party are listed on Exhibit 3 attached hereto. 
 4.2 Meetings of
Steering Committee. The Steering Committee will meet at least 

  
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twice each year (face-to-face) during the term of this Agreement, or at any frequency agreed by the Steering Committee, subject to Article 4.6. In any event, the Steering Committee will
meet within thirty (30) days after the Effective Date or as soon as practicable as mutually agreed by the Parties. 
 4.3 Responsibilities of Steering Committee. The Steering Committee shall be the primary vehicle for interaction between the Parties with respect to the Development Collaboration. In particular, the
Steering Committee shall perform the following functions: 
 (a) Oversee the Development Collaboration,
including establishment of the Development Plan and review of draft study protocols for Clinical Trials of Product for Crohn’s disease, with the goal of: (i) coordinating Development such that FALK and CORONADO are each responsible for
Clinical Trials of Product for Crohn’s disease on approximately 50% of the aggregate number of patients required for the Initial Regulatory Approvals in the United States and Europe, and (ii) in the event additional Development is required
to be conducted after the Effective Date in order to obtain additional Pre-Clinical Data required for such Initial Regulatory Approvals, approving a Development Plan and budget and allocating responsibility for conducting such Development; in each
case consistent with the terms and overall intents and purposes of this Agreement; 
 (b) Facilitate the
exchange of Pre-Clinical Data, Clinical Data and other information; 
 (c) Review regulatory
communications and strategies; 
 (d) Discuss manufacturing and supply issues, including scale-up of
manufacturing process and Product formulation and improvements; 
 (e) Evaluate Commercialization
strategies and post-marketing studies for Product for Crohn’s disease; and 
 (f) Serve as the
initial forum for resolving disputes, it being agreed however, that each of FALK and CORONADO, in light of their rights and obligations under this Agreement related to the Development and Commercialization in their Respective Territories, will
retain final decision-making authority according to (and subject to OVAMED’s rights under) the OVAMED FALK License and the OVAMED CORONADO Agreements with respect to the FALK Territory and the CORONADO Territory, respectively; provided,
however, that the Steering Committee shall attempt in good faith to reach agreement with respect to matters that come before it for decision and shall give consideration to the views, positions and recommendations of each Party on such matters.

 4.4 Steering Committee Procedures. FALK shall designate a Chairperson of the Steering Committee who
will serve as such. The Chairperson shall send notices (not less than 15 Business Days in advance of such meetings) and agendas for all regular Steering Committee meetings to all Steering Committee members; provided, however, that any Party
may request that specific items be included on the agenda or that additional meetings be scheduled. The location of regularly scheduled Steering Committee meetings shall be in Hamburg, Germany, unless otherwise agreed. Meetings may be held
telephonically, but each member shall attend at least one meeting in person each year. The Party hosting any Steering Committee meeting shall appoint one person (who need not be a member of the Steering Committee) to attend the meeting and record
the minutes of the meeting. Such minutes shall be circulated to the Parties promptly following the meeting for review, comment and distribution. 

  
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 4.5 Costs. Each Party shall bear its own costs relating to the
Steering Committee including but not limited to the travel and related costs of its representatives at the Steering Committee. 
 4.6 Disbanding of Steering Committee. The Steering Committee shall be automatically disbanded effective on the tenth (10th) anniversary of the Effective Date unless the Parties mutually agree to (a) disband the Steering Committee
prior to the expiration of such ten (10) year period, or (b) extend such period prior to the expiration of such ten (10) year period. 
 Article 5. 
 Development, Specifications and Manufacturing Methods

 5.1 Development Efforts. The Parties shall use Commercially Reasonable and Diligent Efforts to
Develop the Product for Crohn’s disease with a goal to obtain the Initial Regulatory Approvals in accordance with the terms of this Agreement and, as applicable, of the OVAMED FALK License and of the OVAMED CORONADO Agreements. 

5.2 Development Responsibility and Decisions. Responsibility regarding the Development and management of regulatory
activity shall be allocated, and decisions regarding such Development and management of regulatory activity shall be made (a) by FALK, according to the rights and allocations of responsibilities under the OVAMED FALK License, with respect to
Development in the FALK Territory, and (b) by CORONADO, according to the rights and allocation of responsibilities under the OVAMED CORONADO Agreements, with respect to Development in the CORONADO Territory. Except as provided for in this
Agreement, the Parties will operate independently in their activities for their respective Development of Product. Each Party shall keep the Steering Committee informed of the progress of its part of the Development Collaboration, including time
lines and Development Collaboration work, and will discuss with the Steering Committee Development and decisions that each Party anticipates will have a significant impact on the Initial Regulatory Approvals. 

5.3 Collaboration and Cooperation. Notwithstanding their respective rights and responsibilities under the OVAMED
FALK License and under the OVAMED CORONADO Agreements, the Parties shall collaborate and cooperate with each other in good faith in connection with the Development Collaboration in accordance with the terms of this Agreement. 

5.4 Specifications. The Parties shall, as far as reasonable according to each Party’s discretion and in
accordance with the overall intents and purposes of the Development Collaboration and applicable laws, aim for uniform Specifications for the FALK Territory and the CORONADO Territory. 

Article 6. 

FALK Pre-Clinical Know-How License and FALK Patent Rights License; Data Delivery 

6.1 License to CORONADO. Subject to the terms hereof, FALK hereby grants to

  
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CORONADO a royalty-bearing, exclusive right and license (including the right to grant sublicenses as set forth in Article 9.5) under the FALK Pre-Clinical Know-How (the “FALK
Pre-Clinical Know-How License”) and under the FALK Patent Rights (the “FALK Patent Rights License”) to (a) Develop, use, Commercialize, sell, offer for sale and import Product in the CORONADO Territory, and
(b) subject, as between CORONADO and OVAMED, to the terms of the OVAMED CORONADO Agreements, have Product made by OVAMED, make and have made Product. 
 6.2 FALK Pre-Clinical Data Package. Within ten (10) Business Days after the Effective Date, FALK will deliver the FALK Pre-Clinical Data Package to CORONADO by permitting CORONADO
Internet-based access to an electronic data room containing the FALK Pre-Clinical Data Package. FALK consents to CORONADO’s right of reference and use of the FALK Pre-Clinical Know-How in connection with any Regulatory Filing in the CORONADO
Territory. 
 6.3 Disclosure of FALK Pre-Clinical Know-How. FALK will disclose to CORONADO all FALK
Pre-Clinical Know-How in addition to the FALK Pre-Clinical Data Package as soon as such FALK Pre-Clinical Know-How becomes available to FALK. 
 Article 7. 
 Consideration for FALK Pre-Clinical Know-How and FALK Patent
Rights License 
 7.1 Consideration. Subject to the other terms and conditions of this Agreement, and
as consideration for the FALK Pre-Clinical Know-How License and the FALK Patent Rights License granted to CORONADO by FALK under this Agreement, CORONADO shall pay to FALK: 

(a) One million Euros (€1 million) payable five (5) Business Days after the Business Day that is within
ten (10) Business Days after the Effective Date, on which FALK grants CORONADO Internet-based access to an electronic data room containing the FALK Pre-Clinical Data Package; 

(b) One million five hundred thousand Euros (€1,500,000) payable five (5) Business Days after the
Business Day at which FALK grants CORONADO Internet-based access to an electronic data room containing the recommendation of the independent data monitoring committee of the FALK Phase II Trial based on the interim Clinical Data (blinded for FALK)
resulting from the FALK Phase II Trial (the “Committee Recommendation”) independent from the results of the FALK Phase II Trial; 
 (c) Two million five hundred thousand Euros (€2,500,000) payable five (5) Business Days after the Business Day at which FALK grants CORONADO Internet-based access to an electronic
data room containing the final written Clinical Study Report of the FALK Phase II Trial, independent from the results of the FALK Phase II Trial; and 
 (d) During the Royalty Term, a royalty equal to one percent (1%) of Net Sales of Product in the CORONADO Territory (the “Royalty”). 

7.2 Past Due Amounts. Any failure by a Party to make a payment required by this Agreement within [*******] Business
Days after the date when due shall obligate such Party to pay interest at an annual rate equal to [*******] per annum in each case calculated on the number of days such a payment is overdue. 

  
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 7.3 Reports. Starting with the first calendar quarter in which the
Launch Date of a Product in the CORONADO Territory occurs, within [*******] after the end of each calendar quarter, CORONADO shall deliver to FALK (a) a written report accounting for all Net Sales during, and calculating the Royalty payable
for, the preceding calendar quarter in the CORONADO Territory; and (b) a copy of, or Internet reference link to, CORONADO’s Quarterly Report on Form 10-Q as filed with the SEC with respect to the preceding calendar quarter (provided,
however, that for the last quarter of CORONADO’s fiscal year, such copy or link shall be to CORONADO’S Annual Report on Form 10-K as filed with the SEC for such fiscal year and shall be provided after the date that such report is filed
with the SEC). 
 7.4 Records. CORONADO will maintain complete and accurate records which are relevant to
Net Sales under this Agreement, and, upon the written request of FALK, such records shall be open during reasonable business hours for a period of three (3) years from creation of individual records for examination, but not more often than once
each year, by an independent certified public accountant selected by FALK to verify the accuracy of the reports under Article 7.3(a). The cost of the services of such public accountant shall be born by FALK unless the audit establishes a
material infringement of CORONADO’s obligations under this Agreement. 
 7.5 Currency. Royalties due
for any calendar quarter shall be converted into Euros using the rate of exchange published in The Wall Street Journal, Eastern edition (if available), or any other publication agreed to between CORONADO and FALK, on the last Business Day of the
calendar quarter. 
 7.6 Royalty Payments. Simultaneous with transmitting reports according to Article
7.3 to FALK, CORONADO shall pay all Royalties due in Euro by wire transfer to a bank account designated by FALK. 
 7.7 Taxes, etc. If laws, rules or regulations require withholding of income taxes or other taxes imposed upon payments set forth in this Agreement, the Party receiving such payment shall provide
the Party required to make such payment, prior to any such payment, annually or more frequently if required, with all forms or documentation required by any applicable taxation laws, treaties or agreements to such withholding or as necessary to
claim a benefit thereunder (including, but not limited to Form W-8BEN or any successor forms). The Parties agree to co-operate, consistent with its respective usual business practices, to ensure that any withholding taxes imposed are reduced as far
as possible under the provisions of the current or any future taxation treaties or agreements between foreign countries. The Party making such payment shall pay to the relevant authorities the full amount to be deducted or withheld according to the
applicable tax law. Any such required tax, charges and other duties actually paid on behalf of the Party receiving such payment shall be deducted from the sums due to the receiving Party under this Agreement. 

7.8 No Guaranty of OVAMED. Nothing herein shall be construed as any guarantee or assumption of liability by OVAMED
for any royalties, payments or other amounts payable by CORONADO to FALK as contemplated by this Agreement. 

  
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 Article 8. 
 Exchange of CMC Information and Inventions 
 8.1 CMC
Information. 
 (a) Each Party shall submit to each other Party all CMC information related to the
Product as soon as such CMC data becomes available. 
 (b) CORONADO and its designees shall have the right
to access, and the right of reference or use, and each other Party hereto consents to such reference and/or use of, any such CMC data owned or Controlled by such other Party, in connection with any Regulatory Filing in the CORONADO Territory, to the
extent necessary or useful to exercise CORONADO’s rights, obligations and responsibilities, including under this Agreement and the OVAMED CORONADO Agreements. 

(c) FALK and its designees shall have the right to access, and the right of reference or use, and each other Party
hereto consents to such reference and/or use of, any such CMC data owned or Controlled by such other Party, in connection with any Regulatory Filing in the FALK Territory, to the extent necessary or useful to exercise FALK’s rights, obligations
and responsibilities, including under this Agreement and the OVAMED FALK License. 
 8.2 Ownership of
Inventions. Inventorship for patentable Inventions discovered, developed, conceived or reduced to practice (hereinafter, “Created”) during the course of, in furtherance of, and as a result of the Development Collaboration shall
be determined in accordance with the patent laws of the country in which the patent application is filed (but at a minimum, in accordance with an individual’s inventive contribution to a claimed Invention) and, except as specifically set forth
in this Agreement, ownership of all such Inventions shall flow from such inventorship determination. The ownership of Inventions Created solely by (employees of) CORONADO, and patent applications and patents claiming such Inventions, shall be owned
solely by CORONADO. The ownership of Inventions Created jointly by (employees of) CORONADO and OVAMED, and patent applications and patents claiming such Inventions, shall be owned jointly by OVAMED and CORONADO subject, to the extent applicable, to
the OVAMED CORONADO Agreements and, with respect to OVAMED’s interest therein, to the extent applicable, the OVAMED FALK License. The ownership of Inventions Created solely or jointly by (employees of) OVAMED and/or FALK, and patent
applications and patents claiming such Inventions, shall be subject to the OVAMED FALK License and, with respect to OVAMED’s interest therein, to the extent applicable, the OVAMED CORONADO Agreements. The ownership of Inventions Created jointly
by (employees of) CORONADO and FALK or jointly by (employees) of CORONADO, OVAMED and FALK (each, a “Joint Invention”), and patent applications and patents claiming such Joint Inventions, shall be subject to Articles 8.3-8.7.

 8.3 Ownership of Joint Inventions. Inventions Created jointly by (employees of) CORONADO and FALK,
including any Invention Created as a result of Development conducted and funded pursuant to Article 9.4(b) (regardless of inventorship determination with respect to any such Invention under applicable patent laws), and patent applications and
patents claiming such Joint Inventions, shall be owned jointly by CORONADO and by FALK with each such Party having an undivided interest in such Joint Invention in accordance with the joint ownership rules of applicable patent laws. Inventions
Created jointly by (employees) 

  
 12 

 
of CORONADO, OVAMED and FALK, including any Invention Created as a result of Development conducted and funded pursuant to Article 9.4(b) (regardless, with respect to CORONADO’s and
FALK’s interest therein, of inventorship determination with respect to such Invention under applicable patent laws), and patent applications and patents claiming such Joint Inventions, shall be owned jointly by CORONADO, by OVAMED and by FALK
with each such Party having an undivided interest in such Joint Invention in accordance with the joint ownership rules of applicable patent laws. 
 8.4 Transfer of Invention and Patent Ownership Rights. To achieve the Joint Invention ownership rights according to the foregoing Article 8.3, each Party concerned shall cause its employees
and its Affiliates and its Affiliates’ employees to assign, at the time of creation of any such Joint Invention, or any time thereafter, to such Party according to the ownership principles provided for in the foregoing Article 8.3,
without any requirement of further consideration, the entire right, title, or interest it or they may have in such Joint Invention, including any patent or other intellectual property rights claiming such Joint Invention. On request of the other
Party or Parties concerned, the Party concerned shall take such further actions and shall cause its employees and its Affiliates and its Affiliates’ employees to take such further actions, including execution and the delivery of instruments of
conveyance, as may be reasonable and appropriate to give full and proper effect to such assignment. In addition, the Parties shall cause the recordation of such executed forms of assignment or instruments of conveyance with the applicable patent
offices. 
 8.5 Management and Representation. In the event of any Joint Invention, each concerned Party
will appoint a representative with patent and intellectual property expertise. Such representatives will meet (in person, by telephone or videoconference) upon request by any Party jointly owning such Joint Invention (with each Party responsible for
the expenses of its representative) during the term provided for in Article 19.1(e) and the pendency of any patents or patent applications claiming any such Joint Invention, to coordinate, discuss, and review strategies, and allocate
responsibilities and Patent Cost sharing, in good faith and according to the legitimate interest, rights, and Respective Territories of the Parties concerned, with respect to filing, prosecuting, maintaining, enforcing and defending patent
applications and patents, in the names of the Parties jointly owning such Joint Invention, that claim such Joint Invention, subject to the provisions of Article 12.1(b) and (c).  

8.6 Access and Use. The Parties concerned shall have access to, and each Party shall provide the other Party(ies)
concerned access to and copies of, all data, documents and other information related to the Joint Invention. Each Party concerned may use such data in accordance with the purpose of and its rights under this Agreement and, as applicable, the OVAMED
CORONADO Agreements and the OVAMED FALK License, without any additional payments to any of them, except to the extent the provisions of Article 9.4(b) are applicable. 

8.7 Cross-Licenses. Notwithstanding any other provision of this Agreement, each Party owning Joint Inventions, in
whole or in part, hereby grants to the other Parties a non-exclusive license under the rights resulting from the patents and patent applications claiming such Joint Inventions, and each Party shall then have a fully paid-up right to use, license,
sublicense and otherwise exercise all rights under any patents, patent applications or other intellectual property on or claiming Joint Inventions without the consent of any other Party 

  
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and with no duty to account to any other Party, to the extent necessary or useful to exercise their rights, obligations and responsibilities including according to, to the extent applicable, and
in a manner that is consistent with the licenses granted pursuant to, this Agreement, the OVAMED CORONADO Agreements, and the OVAMED FALK License. 
 Article 9. 
 Cross-Licenses, Pre-Clinical Data and Clinical Data Sharing

 9.1 Exclusive License to CORONADO. FALK hereby (a) grants CORONADO an exclusive right and
license (including the right to grant sublicenses as set forth in Article 9.5) to and under Pre-Clinical Data and Clinical Data that is or becomes during the term of this Agreement owned or Controlled by FALK to (i) Develop, use, import,
sell, offer for sale, and Commercialize Product in the Field in the CORONADO Territory, and (ii) subject, as between CORONADO and OVAMED, to the terms of the OVAMED CORONADO Agreements, have Product made by OVAMED, make and have made Product;
and (b) consents to CORONADO’s right of reference and use of such Pre-Clinical Data and Clinical Data in connection with Regulatory Filings in the CORONADO Territory. 

9.2 Exclusive License to FALK. Subject, as between FALK and OVAMED, to such Parties’ respective rights and
obligations under the OVAMED FALK License, CORONADO hereby (a) grants FALK and OVAMED a co-exclusive right and license (including the right to grant sublicenses as set forth in Article 9.5) to and under Pre-Clinical Data and Clinical
Data that is or becomes during the term of this Agreement owned or Controlled by CORONADO to Develop, have made by OVAMED, use, import, sell, offer for sale, and Commercialize Product in the Field in the FALK Territory; and (b) consents to the
right of reference and use of such Pre-Clinical Data and Clinical Data in connection with Regulatory Filings in the FALK Territory by FALK and/or OVAMED. 
 9.3 Disclosure. CORONADO and FALK will disclose to each other all Pre-Clinical Data and Clinical Data, including interim Clinical Data and including the Committee Recommendation, as soon as such
Pre-Clinical Data or Clinical Data become available. 
 9.4 Compensation. In connection with the
Development Collaboration, the following shall be applicable: 
 (a) Clinical Trials. In the event that
(i) the Clinical Trials of Product for Crohn’s disease will not result in a situation where FALK and CORONADO are each responsible for Clinical Trials of Product for Crohn’s disease on approximately 50% of the aggregate number of
patients required for the Initial Regulatory Approvals in the United States and Europe, and (ii) the Party (FALK or CORONADO) which is responsible for Clinical Trials of Product for Crohn’s disease with significantly less than 50% of the
aggregate number of patients required for Initial Regulatory Approval in the United States and Europe benefits from the fact that the other Party is responsible for Clinical Trials of Product for Crohn’s disease with significantly more than 50%
of the aggregate number of patients required for the Initial Regulatory Approvals in the United States and Europe by the cross-licenses provided for in this Article 9, then FALK and CORONADO shall negotiate in good faith a fair compensation
to be paid by the benefitting Party to the other Party contemplating the rights, duties, responsibilities, fields and territories of each Party concerned. 

  
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 (b) Pre-Clinical Data. In the event that after the Effective Date and
in accordance with a Development Plan and budget approved by the Steering Committee, (i) FALK and/or CORONADO conducts additional Development to obtain additional Pre-Clinical Data that is not included in the FALK Pre-Clinical Know-How but is
required for the Initial Regulatory Approvals, (ii) the costs actually incurred and paid by such Parties after the Effective Date to conduct such Development will not result in a situation where FALK and CORONADO are each responsible for
approximately fifty percent (50%) of the total costs authorized by the Development Plan and budget and actually incurred and paid by such Parties after the Effective Date to conduct such Development, and (iii) the Party that is responsible
for significantly less than fifty percent (50%) of such total costs benefits from the fact that the other Party is responsible for significantly more than fifty percent (50%) of such total costs by the cross-licenses of such Pre-Clinical
Data provided for in this Article 9, then FALK and CORONADO shall negotiate in good faith a fair compensation to be paid by the benefitting Party to the other Party, as applicable, contemplating the rights, duties, responsibilities, fields
and territories of each Party concerned. 
 9.5 Sublicenses. Subject to the terms and conditions of this
Agreement, and (a) subject to the OVAMED CORONADO Agreements, CORONADO shall have the right to sublicense the rights and licenses granted to it under this Agreement to Affiliates or to Third Parties; and (b) subject to the OVAMED FALK
License, FALK shall have the right to sublicense the rights and licenses granted to it under this Agreement to Affiliates or to Third Parties. A Party entering into any such sublicense shall advise the other Parties of such sublicense and any such
sublicense shall be consistent with the terms and conditions of this Agreement and shall require the sublicensee to assume such Party’s obligations under this Agreement to the extent applicable to the rights and territory covered by the
sublicense. 
 9.6 Retention of Rights. Except for the rights and licenses granted to another Party or as
otherwise expressly set forth in this Agreement, each Party will retain their respective rights and responsibilities relating to Development and Commercialization in the FALK Territory and the CORONADO Territory, as applicable, pursuant to the
OVAMED FALK License and the OVAMED CORONADO Agreements, as applicable. 
 Article 10. 

Safety Information; Pharmacovigilance 
 10.1 Safety Information. The Parties will promptly exchange with each other all relevant information that relates to the safety of Product, including all adverse drug experience reports, and
agree on operating procedures for the exchange of safety information sufficient to enable each Party to comply with its reporting obligations to regulatory authorities in its Respective Territories. Each Party shall have the right to reference or
use in any Regulatory Filing any safety information relating to Product provided to it by any other Party. 

10.2 Pharmacovigilance Agreement. As soon as reasonably practicable, the Parties shall enter into a separate
agreement providing for the exchange and reporting of Pharmacovigilance Data related to the Product according to industry standards and applicable law. 

  
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 Article 11. 
 Consent and Rights and Obligations of OVAMED 
 11.1
Consent of OVAMED. OVAMED consents and agrees to all rights and licenses granted to FALK and to CORONADO as set forth in and contemplated by this Agreement. 
 11.2 Rights and Obligations of OVAMED. If not otherwise expressly provided for and subject to the rights and licenses granted to FALK and CORONADO in this Agreement, the rights and obligations of
OVAMED with respect to FALK Pre-Clinical Know-How, FALK Patent Rights, Pre-Clinical Data, Clinical Data, Inventions, Development costs, and Pharmacovigilance Data shall be, as between OVAMED and FALK, subject to the OVAMED FALK License and, as
between OVAMED and CORONADO, the OVAMED CORONADO Agreements. 
 Article 12. 

Patent Prosecution and Maintenance, Third Party Infringements, Third Party Intellectual Property Rights 

12.1 Patent Prosecution and Maintenance. 

(a) FALK Patent Rights. At its sole discretion, FALK shall have the initial right to file, prosecute, and maintain
patent applications and patents for any and all FALK Patent Rights in such countries worldwide as it may determine. CORONADO shall reimburse FALK for Patent Costs for the FALK Patent Rights in the CORONADO Territory upon submission of appropriate
invoices therefor. If FALK elects not to file, prosecute or maintain any FALK Patent Rights in any country of the CORONADO Territory, FALK shall so inform CORONADO with written advance notice sufficient to avoid any loss or forfeiture, and FALK
shall enable CORONADO at CORONADO’s request, and in that case CORONADO shall have the right, but not the obligation, to file, prosecute and maintain any such FALK Patent Rights in such country of the CORONADO Territory as it may determine at
its own expense and discretion. In such event, at CORONADO’s request, FALK shall assign such patent application or patent comprising such FALK Patent Right to CORONADO, and such patent or patent application shall no longer be deemed a FALK
Patent Right in such country. 
 (b) Review and Cooperation. A Party having the initial right to prosecute
and maintain patents and patent applications hereunder (including the Party that is determined by the Parties’ representatives under Article 8.5 to be initially responsible for filing in a particular country or jurisdiction a patent
application claiming a Joint Invention) is referred to herein as the “Prosecuting Party”. The Prosecuting Party agrees to keep the other concerned Party(ies) informed of the course of patent prosecution or other proceedings,
including by providing such other Party(ies) with a draft patent application for review sufficiently in advance of the planned filing date in order for the other Party to have the opportunity to comment thereon, and shall take such comments into
consideration in the application filed. The Prosecuting Party shall also promptly furnish the other Party(ies) with copies of office actions and communications received by the Prosecuting Party from, and communications sent by the Prosecuting Party
to, the patent offices concerning such patents or patent application and shall take each other Party’s comments and suggestions into consideration when framing responses and submissions to such patent offices. The Prosecuting Party shall timely
inform the other Party(ies) of any patent issuing or granting from a patent application filed hereunder. 

  
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 (c) Joint Invention. If a Prosecuting Party elects not to file,
prosecute or maintain a patent on a Joint Invention in any country (or not to pay or reimburse in accordance with Article 8.5 the Patent Costs agreed to be paid by such Party), it shall provide the other Party(ies) owning such Joint
Inventions with written advance notice sufficient to avoid any loss or forfeiture and, if such other Party includes either CORONADO or FALK, then CORONADO or FALK, as applicable, shall have the right, but not the obligation, at its expense, to file,
prosecute or maintain such patent application or patent in such country. Thereafter, the Prosecuting Party shall transfer all its right, title and interest in such patent application or patent to either CORONADO or FALK, as applicable, and such
Prosecuting Party shall no longer be a joint owner of such patent or patent application claiming a Joint Invention. 
 12.2 Third Party Infringements. In the event of an (alleged) infringement by a Third Party of Intellectual Property Rights owned or Controlled by one Party or more Parties regulated by the OVAMED
CORONADO Agreements and/or the OVAMED FALK License, the rights and duties of the Parties concerned in such an event shall be governed by the OVAMED CORONADO Agreements and/or the OVAMED FALK License, respectively. In the event of an (alleged)
infringement by a Third Party of Intellectual Property Rights owned or Controlled by one Party or more Parties regulated by this Agreement the following shall apply: 

(a) If a Party learns of any infringement or threatened (alleged) infringement by a Third Party of Intellectual
Property Rights owned or Controlled by one Party or more Parties regulated by this Agreement, such Party shall promptly notify the other Parties in writing and shall provide the other Parties with all available evidence in its possession of such
infringement. 
 (b) If the infringement is in (i) the FALK Territory, FALK shall have the first
right, but not the obligation, (ii) the CORONADO Territory, CORONADO shall have the first right, but not the obligation, (iii) neither the FALK nor the CORONADO Territory, the Party or Parties owning or Controlling such Intellectual
Property Rights shall have the first right, but not the obligation, to institute, prosecute and control (collectively, “bring”) any action or proceeding with respect to infringement by a Third Party of such Intellectual Property Right by
counsel of its own choice, and the Party or the Parties not having such first right to bring such action shall have the right, but not the obligation, to be represented in any such action by counsel of its own choice. If the Party having such first
right to bring such action does not bring such an action or proceeding within sixty (60) days of being notified of such infringement, then the Party not having such first right to bring such action shall have the right, but not the obligation,
to bring such action. The Party or the Parties not bringing such action or proceeding agrees or agree to be joined as a party plaintiff if necessary to prosecute the action or proceeding and to give reasonable assistance and authority to file and
prosecute the action or proceeding. The Party or the Parties that brings or bring such action to enforce a given Intellectual Property Right shall also have the right to control settlement of such claim; provided, however, that if one Party
controls, no settlement shall be entered into without the express written consent of at least the Party in whose Respective Territory the action was brought, such consent not to be unreasonably delayed or withheld. 

  
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 (c) All reasonable costs and expenses occurring from such actions
shall be shared by the Parties in good faith contemplating the rights, duties, responsibilities, fields and territories of each Party concerned. Any damages or other monetary awards or amounts recovered from settlement or judgment from such an
action or proceeding shall be allocated first to reimburse the Part(ies) for the reasonable out-of pocket costs and expenses of the action or proceeding (which amount shall be allocated pro rata if insufficient to cover the totality of such
costs and expenses), with the remainder to be paid to the Party (or shared equally among the Parties) owning the Intellectual Property Rights concerned. 
 12.3 Third Party Intellectual Property Rights. In the event of an (alleged) infringement of Intellectual Property Rights of a Third Party in the CORONADO Territory or the FALK Territory by the
operations to be conducted by or on behalf of a Party under this Agreement or under the OVAMED CORONADO Agreements or under the OVAMED FALK License, the rights and duties of the Parties shall be governed as set forth herein and by the OVAMED
CORONADO Agreements and/or the OVAMED FALK License, as applicable. 
 Article 13. 

Regulatory Filings and Post-Regulatory Approval Responsibilities 

13.1 Responsibilities. 
 (a) FALK Territory. In performing their respective obligations under this Agreement, as between CORONADO and FALK, FALK shall be responsible for Drug Approval Applications in the FALK Territory. As
between OVAMED and FALK, Drug Approval Applications in the FALK Territory shall be governed by the OVAMED FALK License, except as otherwise set forth in this Agreement. 

(b) CORONADO Territory. In performing their respective obligations under this Agreement, as between CORONADO and
FALK, CORONADO shall be responsible for Drug Approval Applications in the CORONADO Territory. As between OVAMED and CORONADO, Drug Approval Applications in the CORONADO Territory shall be governed by the OVAMED CORONADO Agreements, except as
otherwise set forth in this Agreement. 
 13.2 External Responsibility. Each Party acknowledges that as
between the Parties, each holder of a Regulatory Approval bears the ultimate responsibility vis-à-vis the competent Regulatory Authorities for complying with the regulatory requirements applicable to the manufacture, store, sale and
supply of the Product, provided that in accordance with applicable law, the overall intents and purposes of the Development Collaboration, and the terms of this Agreement, the OVAMED FALK License and the OVAMED CORONADO Agreements, as applicable,
the Parties shall cooperate with each other in providing any data owned or Controlled by the applicable Party in order for the other Parties to comply with such regulatory requirements. 

Article 14. 

Commercialization and Manufacturing 
 14.1 Commercialization and Manufacturing related to the FALK Territory. As between CORONADO and FALK, FALK shall be responsible for Commercialization in the

  
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Field in the FALK Territory. As between OVAMED and FALK, Commercialization and manufacturing (including supply) related to the Product in the FALK Territory shall be governed, to the extent
applicable, by the OVAMED FALK License. 
 14.2 Commercialization and Manufacturing related to the CORONADO
Territory. As between CORONADO and FALK, CORONADO shall be responsible for Commercialization in the Field in the CORONADO Territory. As between OVAMED and CORONADO, Commercialization and manufacturing (including supply) related to the Product in
the CORONADO Territory shall be governed, to the extent applicable, by the OVAMED CORONADO Agreements. 
 Article 15.

 Confidentiality 
 15.1 Confidentiality. Except to the extent expressly authorized by this Agreement or otherwise agreed to, the Parties agree that, the receiving Party shall keep confidential and shall not publish
or otherwise disclose or use for any purpose other than as permitted under this Agreement any confidential information or materials furnished to it and owned or Controlled by the other Party pursuant to this Agreement, including but not limited to
any Know-How, Pre-clinical Data and/or Clinical Data, business plans, marketing plans, customer information, financial information or patent applications (unless and until such applications are published pursuant to applicable law) (collectively,
“Confidential Information”), except to the extent that it can be established by the receiving Party that such Confidential Information: 
 (a) is lawfully in the possession of the receiving Party prior to receiving the information from the disclosing Party under this Agreement, as evidenced by receiving Party’s contemporaneous
written records; 
 (b) is in the public domain or which is evidently not of proprietary or confidential nature at the
time of the disclosure or becomes part of the public domain other than by a breach of this Agreement; 
 (c) is
independently developed by the receiving Party without any breach of the terms of this Agreement as evidenced by receiving Party’s contemporaneous written records; 
 (d) is obtained in good faith from a third party not in privity with any of the Parties hereto, and provided said third party is not under any obligation of confidentiality; or 

(e) is ordered by a court of competent jurisdiction or is otherwise required by law to be disclosed by the receiving Party, and in
such event, the receiving Party shall use reasonable efforts to obtain assurances that confidential treatment will be accorded to such Confidential Information in such case. 

15.2 Disclosure and Use of Confidential Information. Except as contemplated by this Agreement or with the consent
or agreement of the disclosing Party, the receiving Party agrees to hold the Confidential Information in confidence and not to use any Confidential Information for any purpose and not to disclose any Confidential Information to any Third Party other
than in connection with the execution and performance of its rights, obligations 

  
 19 

 
or responsibilities according to this Agreement, the OVAMED CORONADO Agreements or the OVAMED FALK License; provided, however, that the receiving Party may use and disclose such
Confidential Information (a) in filing or prosecuting patent applications, Regulatory Filings, conducting Clinical Trials or seeking Regulatory Approvals, in accordance with the receiving party’s rights and obligations under this
Agreement, the OVAMED FALK License, and the OVAMED CORONADO Agreements, as applicable, prosecuting or defending litigation, in accordance with the publication provisions of Article 18, or complying with applicable laws or governmental
regulations, and (b) to its officers, employees, agents and consultants who are bound by confidentiality terms similar to those contained in this Agreement but only to the extent required for the execution or performance of its rights,
obligations or responsibilities according to this Agreement, the OVAMED CORONADO Agreements or the OVAMED FALK License. 
 15.3 Survival. This Article 15 shall perpetually survive the termination or expiration of this Agreement with respect to specific Confidential Information as long as such Confidential
Information is not in the public domain or not subject to any of the other exceptions referred to in this Article 15. 

Article 16. 

Representations and Warranties 
 16.1 Representations and Warranties of FALK. As a material inducement to CORONADO and OVAMED to enter into this Agreement and to consummate the transactions contemplated herein, FALK hereby
represents and warrants to CORONADO and OVAMED, as of the Effective Date, as follows: 
 (a) Organization.
FALK is a corporation duly incorporated, validly existing and in good corporate standing under the Laws of Germany. FALK has full corporate power and authority to own and lease its properties and carry on its business and is duly qualified,
registered or licensed as a corporation to do business and is in good standing in each jurisdiction in which the ownership or leasing of its properties or the character of its operations makes such qualification, registration or licensing necessary
except where the failure to be so qualified, registered or licensed would not have a material adverse effect on the business of FALK; 
 (b) Authority. FALK has the corporate right, power and authority to carry on its business and to execute and deliver this Agreement and to consummate the transactions contemplated by this
Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action on the part of FALK and no other corporate
proceedings on the part of FALK are necessary to authorize this Agreement or consummate the transactions contemplated by this Agreement. This Agreement has been duly and validly executed and delivered by FALK and constitutes a legal, valid and
binding obligation of FALK, enforceable against FALK except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights; 

(c) No Conflict. Neither the execution and delivery of this Agreement nor the consummation of the transactions
contemplated hereby will (i) violate, be in conflict with, constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) 

  
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under, or result in the termination of, any material contract to which FALK is a party or by which any of its property is bound or subject, or (ii) violate any provision of any law, rule,
regulation, judgment, injunction, or decree presently in effect having applicability to it; such that any such occurrence will have a material adverse effect on FALK or on FALK’s ability to comply with its obligations under this Agreement;

 (d) Litigation. There is no existing litigation, arbitration, claim, action, or proceeding to which
FALK is a party or, to the knowledge of FALK, which is pending or threatened against FALK, in either case which, if adversely determined, would have a material adverse effect on FALK’s ability to perform in all material respects its obligations
hereunder; and 
 (e) Right to Grant Licenses. FALK has all necessary power and authority to grant to
CORONADO in accordance with Article 6.1 and Article 9.1 the rights and licenses granted to CORONADO hereunder. 
 (f) Intellectual Property. 
 (i) FALK Patent Rights. FALK owns or
Controls the FALK Patent Rights as of the Effective Date. However, U.S. Patent Application No. 12/594,074 is jointly-owned by ParaTech, provided, however, that such joint ownership does not affect FALK’s Control of such Patent
Application with respect to the CORONADO Territory; and OVAMED has certain rights in the FALK Patent Rights in the future, provided, further, however, that OVAMED has consented under Article 11.1 to FALK’s grant to CORONADO of
rights and licenses under the FALK Patent Rights. No claim has been asserted or threatened by any person regarding the manufacture, use or licensing by FALK of the FALK Patent Rights as of the Effective Date. To the best knowledge of FALK, the use
of the FALK Patent Rights does not violate or infringe, the rights of, and are not subject to any claims by, any Third Party as of the Effective Date; 
 (ii) FALK Pre-Clinical Know-How. Subject to the next sentence, FALK owns or Controls the FALK Pre-Clinical Know-How as of the Effective Date. OVAMED has certain rights in the FALK Pre-Clinical
Know-How in the future, provided, however, that OVAMED has consented under Article 11.1 to FALK’s grant to CORONADO of rights and licenses under the FALK Pre-Clinical Know-How. No claim has been asserted or threatened by any
person regarding the use or licensing by FALK of the FALK Pre-Clinical Know-How in the CORONADO Territory as of the Effective Date. To the knowledge of FALK the FALK Pre-Clinical Know-How does not violate or infringe, and has not in the past
violated or infringed the rights of any Third Party as of the Effective Date in the CORONADO Territory, and no claims have been asserted by FALK against any other person (other than OVAMED, which claim has been resolved or released) claiming
infringement of the FALK Pre-Clinical Know-How as of the Effective Date in the CORONADO Territory; 
 (iii) Limitation.
Other warranties and representations with respect to FALK Patent Rights and FALK Pre-Clinical Know-How than those explicitly stated above shall be excluded to the extent legally possible. 

  
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 16.2 Representations and Warranties of CORONADO. As a material
inducement to FALK and OVAMED to enter into this Agreement and to consummate the transactions contemplated herein, CORONADO hereby represents and warrants to FALK and OVAMED, as of the Effective Date, as follows: 

(a) Organization. CORONADO is a corporation duly incorporated, validly existing and in good corporate standing
under the applicable laws of the State of Delaware, United States of America. CORONADO has full corporate power and authority to own and lease its properties and carry on its business and is duly qualified, registered or licensed as a foreign
corporation to do business and is in good standing in each jurisdiction in which the ownership or leasing of its properties or the character of its operations makes such qualification, registration or licensing necessary except where the failure to
be so qualified, registered or licensed would not have a material adverse effect on the business of CORONADO; 

(b) Authority. CORONADO has the corporate right, power and authority to carry on its business and to execute and
deliver this Agreement and to consummate the transactions contemplated by this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by
all necessary corporate action on the part of CORONADO and no other corporate proceedings on the part of CORONADO are necessary to authorize this Agreement or consummate the transactions contemplated by this Agreement. This Agreement has been duly
and validly executed and delivered by CORONADO and constitutes a legal, valid and binding obligation of CORONADO, enforceable against CORONADO except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of
general application affecting enforcement of creditors’ rights; and 
 (c) No Conflict. Neither the
execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will (i) violate, be in conflict with, constitute a default (or an event which, with notice or lapse of time or both, would constitute a
default) under, result in the termination of, any material contract to which CORONADO is a party or by which any of its property is bound or subject, or (ii) violate any provision of any law, rule, regulation, judgment, injunction, or decree
presently in effect having applicability to it; such that any such occurrence in (i) or (ii) will have a material adverse effect on CORONADO or on CORONADO’s ability to comply with its obligations under this Agreement; 

(d) Litigation. There is no existing litigation, arbitration, claim, action, or proceeding to which CORONADO is a
party or, to the knowledge of CORONADO, which is pending or threatened against CORONADO, in either case which, if adversely determined, would have a material adverse effect on CORONADO’s ability to perform in all material respects its
obligations hereunder; and 
 (e) Right to Grant Licenses. CORONADO has all necessary power and authority
to grant to FALK in accordance with Article 9.2 the rights and licenses granted to FALK hereunder. 

16.3 Representations and Warranties of OVAMED. As a material inducement to CORONADO and FALK to enter into this
Agreement and to consummate the transactions contemplated herein, OVAMED hereby represents and warrants to CORONADO and FALK, as of the Effective Date, as follows: 

(a) Organization. OVAMED is a corporation duly incorporated, validly existing and in good corporate standing under
the Laws of Germany. OVAMED has full corporate power and authority to own and lease its properties and carry on its business and is duly qualified, registered or licensed as a corporation to do business and is in good standing in each jurisdiction

  
 22 

 
in which the ownership or leasing of its properties or the character of its operations makes such qualification, registration or licensing necessary except where the failure to be so qualified,
registered or licensed would not have a material adverse effect on the business of OVAMED; 
 (b)
Authority. OVAMED has the corporate right, power and authority to carry on its business and to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement. The execution and delivery of this Agreement and
the consummation of the transactions contemplated by this Agreement have been duly and validly authorized by all necessary corporate action on the part of OVAMED and no other corporate proceedings on the part of OVAMED are necessary to authorize
this Agreement or consummate the transactions contemplated by this Agreement. This Agreement has been duly and validly executed and delivered by OVAMED and constitutes a legal, valid and binding obligation of OVAMED, enforceable against OVAMED
except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights; 

(c) No Conflict. Neither the execution and delivery of this Agreement nor the consummation of the transactions
contemplated hereby will (i) violate, be in conflict with, constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) under, or result in the termination of, any material contract to which OVAMED
is a party or by which any of its property is bound or subject, or (ii) violate any provision of any law, rule, regulation, judgment, injunction, or decree presently in effect having applicability to it; such that any such occurrence in
(i) or (ii) will have a material adverse effect on OVAMED or on OVAMED’s ability to comply with its obligations under this Agreement; and 
 (d) Litigation. There is no existing litigation, arbitration, claim, action, or proceeding to which OVAMED is a party or, to the knowledge of OVAMED, which is pending or threatened against OVAMED,
in either case which, if adversely determined, would have a material adverse effect on OVAMED’S ability to perform in all material respects its obligations hereunder. 
 Article 17. 
 Indemnification and Release 

17.1 Indemnification by FALK. If not otherwise provided for in this Agreement, FALK hereby agrees to indemnify and
hold the other Parties harmless from and against any and all losses, damages, liabilities, settlements, penalties, fines, costs and expenses (including, without limitation, reasonable attorneys’ fees and expenses) incurred by such Party(ies)
(collectively, “Losses”) resulting from any wilful or grossly negligent breach by FALK of any of FALK’s duties or obligations, representations or warranties set forth in this Agreement. This indemnification provision shall
include any reasonable attorney’s fees incurred by the other Parties in connection with enforcing this indemnification. 
 17.2 Indemnification by CORONADO. If not otherwise provided for in this Agreement, CORONADO hereby agrees to indemnify and hold the other Parties harmless from and against any and all Losses
resulting from any wilful or grossly negligent breach by CORONADO of any of CORONADO’s duties or obligations, representations or warranties set forth in this Agreement. This indemnification provision shall include any reasonable attorney’s
fees incurred by the other Parties in connection with enforcing this indemnification. 

  
 23 

 17.3 Indemnification by OVAMED. If not otherwise provided for in this
Agreement, OVAMED hereby agrees to indemnify and hold the other Parties harmless from and against any and all Losses resulting from any wilful or grossly negligent breach by OVAMED of any of OVAMED’s duties or obligations, representations or
warranties set forth in this Agreement. This indemnification provision shall include any reasonable attorney’s fees incurred by the other Parties in connection with enforcing this indemnification. 

17.4 Limitation of Liability. TO THE EXTENT LEGALLY POSSIBLE, NO PARTY SHALL BE LIABLE TO ANY OTHER PARTY OR
ANY OF ITS AFFILIATES FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE OR EXEMPLARY DAMAGES (INCLUDING LOST PROFITS, BUSINESS OR GOODWILL BUT EXCLUDING THE ROYALTY WHICH SHALL BE INCLUDED IN A CALCULATION AWARDING ACTUAL DAMAGES TO
FALK) SUFFERED OR INCURRED BY SUCH OTHER PARTY OR ITS AFFILIATES, WHETHER BASED UPON A CLAIM OR ACTION OF CONTRACT, WARRANTY, NEGLIGENCE, STRICT LIABILITY OR OTHER TORT, OR OTHERWISE, ARISING OUT OF THIS AGREEMENT. 

17.5 Release. Each Party hereby irrevocably and completely releases and forever discharges each of the other
Parties (and each of such other Parties’ respective successors, assigns, affiliates, officers, employees, directors and agents) from any and all claims, causes of action, actions, duties, damages, liabilities, losses, and obligations of any
kind and manner whatsoever, in law or equity, whether or not asserted or not asserted and whether known or unknown, accrued or arisen prior to the Effective Date and arising out of or related to the disclosure and/or use, as contemplated by this
Agreement or the Terms of Agreement, or any refusal to such disclosure or refusal of such use, of the FALK Pre-Clinical Know-how and/or the Clinical Data to, by, on behalf of or in support of CORONADO, and/or any Regulatory Filing related to any
Product planned by CORONADO. 
 17.6 Indemnification Conditions. In the event that a Party is seeking
indemnification for Losses resulting from claims of Third Parties, it shall inform the indemnifying Party of a claim of a Third Party as soon as reasonably practicable after it receives notice of the claim, shall permit the indemnifying Party to
assume direction and control of the defense of the claim (including the right to settle the claim solely for monetary consideration), shall cooperate as requested (at the expense of the indemnifying Party) in the defense of the claim, and shall not
settle or compromise the claim without the express written consent of the indemnifying Party. 
 17.7
Insurance. Each Party agrees to maintain reasonable insurance coverage for general liability and product liability claims (including coverage for Clinical Trials conducted by such Party or, if such Party is OVAMED, for which such Party is
providing Product) with respect to the Product in amounts as are reasonable and customary for pharmaceutical companies of size and activities comparable to those of such Party. Upon request, each Party shall furnish the other Party with a copy of
such insurance policies. 

  
 24 

 Article 18. 
 Publicity Review 
 18.1 Standard. The Parties
acknowledge the importance of supporting each other’s efforts to publicly disclose results and significant Developments regarding the Product. CORONADO shall be responsible for public disclosure for the CORONADO Territory of results and
significant Developments regarding the Product in the Field according to CORONADO’s discretion at CORONADO’s cost. FALK shall be responsible for public disclosure for the FALK Territory of results and significant Developments regarding the
Product in the Field according to FALK’s discretion at FALK’s cost. However, the principles to be observed by CORONADO and FALK in such public disclosures shall be: a copy of any proposed public disclosure by either FALK or CORONADO
describing results of a Clinical Trial for Crohn’s disease, Clinical Data, or the filing for or receipt of Initial Regulatory Approval shall be provided to the other Party at least (a) one week prior to the disclosure in the event of a
scientific publication or presentation (to be reasonably expedited in the event of a meeting abstract), or (b) two (2) Business Days prior to a general public disclosure (to be expedited in the event a shorter period for disclosure may be
required by law); as well as, accuracy, the requirements for confidentiality under this Agreement, the advantage a competitor of CORONADO or FALK may gain from any public statements, and the standards and customs in the pharmaceutical
industries for such disclosures by companies comparable to CORONADO and FALK, as applicable. 
 18.2
Exceptions. 
 (a) The provisions of this Article 18 shall not apply to subsequent publications
or presentations of substantially the same subject matter that was previously reviewed under Article 18; and 
 (b) CORONADO may make disclosure of this Agreement and the terms hereof in filings with the SEC or other documents as required by SEC or securities exchange rules, and file this Agreement as an
exhibit to any such filing with the SEC. 
 18.3 OVAMED’s Disclosure. OVAMED shall not disclose to
any Third Party results or Developments regarding the Product without CORONADO’s and FALK’s prior consent, except in accordance with the terms of the OVAMED FALK License and the OVAMED CORONADO Agreements. 

Article 19. 

Term 
 19.1 Term. This Agreement shall commence as of the Effective Date. Unless sooner terminated by notice (provided in accordance with Article 22.5) and as expressly provided in this Agreement,
this Agreement shall continue in force and effect: 
 (a) with respect to the Development Collaboration
until the completion of the Development Collaboration and the grant of the Initial Regulatory Approvals; 

(b) with respect to the FALK Pre-Clinical Know-How License as long as the Pre-Clinical Know-How qualifies as
Know-How; 

  
 25 

 (c) with respect to the FALK Patent Rights License on a country by
country basis until the date of expiration of the last of the FALK Patent Rights or the final abandonment of the last application for the FALK Patent Rights; 
 (d) with respect to the Royalty on a country by country basis until the later of (i) the date of expiration of the last of the FALK Patent Rights in such country; (ii) 10 years from the
Launch Date in such country; or (iii) the date on which there is a Competing Product in such country (the “Royalty Term”); 
 (e) with respect to licenses regarding Joint Inventions on a country by country basis until the date of expiration of the last patent resulting from the Joint Invention concerned or the date of the
final failure of the last application for a patent resulting from the Joint Invention concerned or, in case of unpatented Joint Inventions, as long as the Joint Invention concerned qualifies as Know-How; 

(f) with respect to licenses regarding Pre-Clinical Data and Clinical Data as long as the Pre-Clinical Data or
Clinical Data concerned qualify as Know-How; 
 (g) with respect to safety information and
Pharmacovigilance Data on a Party by Party basis until the date where the Party concerned completely terminates the Development (prior to or in the absence of any Commercialization) or Commercialization, except to the extent required by law; and

 (h) with respect to Confidential Information, subject to the terms of Article 15. 

19.2 Right to Use Upon Expiration. Upon expiration of this Agreement with respect to FALK Pre-Clinical Know-How,
Pre-Clinical Data, Clinical Data, Pharmacovigilance Data or unpatented Joint Inventions, as applicable, CORONADO and FALK shall each thereafter be entitled to Develop, manufacture, Commercialize and exploit in any other respect on a non-exclusive
basis, either by themselves or through their Affiliates or sublicensees, under such FALK Pre-Clinical Know-How, Pre-Clinical Data, Clinical Data, Pharmacovigilance Data or unpatented Joint Inventions free of any further payment or obligation to each
other, as applicable, subject, to the extent then in effect and applicable, to each Parties’ rights and obligations under the OVAMED CORONADO Agreements and the OVAMED FALK License, respectively. 

Article 20. 

Termination 
 20.1 Termination of the Development Collaboration. 
 (a)
Development Termination by CORONADO. CORONADO may terminate the Development Collaboration with FALK in the event CORONADO completely terminates its Development prior to any Commercialization. If CORONADO terminates the Development Collaboration
with FALK in accordance with this paragraph, effective on the termination date the rights and obligations of CORONADO and FALK provided for in this Agreement with respect to further Development under the Development Collaboration shall cease.
However, notwithstanding the foregoing, the licenses granted to FALK and/or OVAMED by CORONADO with respect to Pre-Clinical Data, Clinical Data, Pharmacovigilance Data and Inventions shall remain in effect. Furthermore, the licenses granted to
CORONADO by FALK with respect 

  
 26 

 
to FALK Pre-Clinical Know-How, FALK Patent Rights, Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, and Inventions shall cease and CORONADO shall cease to use the FALK Pre-Clinical
Know-How, Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, or Inventions licensed to it by FALK, and shall cease to Develop, use, have made by OVAMED, Commercialize and sell Product, in each case except as required by law or to the extent
required for an orderly transition. Without further request, CORONADO shall promptly send or return all documents, copies of documents and electronically memorised data referencing the FALK Pre-Clinical Know-How, Pre-Clinical Data, Clinical Data,
Pharmacovigilance Data, and Inventions licensed to it by FALK, and FALK’s Confidential Information. As far as it is not possible to return electronically processed information, CORONADO is obliged to use commercially reasonable efforts to
delete or erase it immediately. In any case CORONADO is not allowed to retain any of the FALK Pre-Clinical Know-How, Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, or Inventions licensed to it by FALK, and any of FALK’s Confidential
Information in any form. Exempted from this obligation is the retaining of documents which have to be kept according to the applicable law. 
 (b) Development Termination by FALK. FALK may terminate the Development Collaboration with CORONADO in the event FALK completely terminates its Development prior to any Commercialization. If FALK
terminates the Development Collaboration with CORONADO in accordance with this paragraph, effective on the termination date the rights and obligations of CORONADO and FALK provided for in this Agreement with respect to further Development under the
Development Collaboration shall cease. Notwithstanding the foregoing, the licenses granted to CORONADO by FALK with respect to FALK Pre-Clinical Know-How, FALK Patent Rights, Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, and Inventions,
including FALK’s right to the Royalty and FALK’s rights connected to such Royalty, shall remain in effect. However, the licenses granted to FALK by CORONADO with respect to Pre-Clinical Data, Clinical Data, Pharmacovigilance Data and
Inventions shall cease and FALK shall cease to use the FALK Pre-Clinical Know-How, Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, or Inventions licensed to it by CORONADO, and shall cease to Develop, use, have made by OVAMED,
Commercialize and sell Product, in each case except except as required by law or to the extent required for an orderly transition. Without further request, FALK shall promptly send or return to CORONADO all documents, copies of documents and
electronically memorised data referencing Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, and Inventions licensed to it by CORONADO, and CORONADO’s Confidential Information. As far as it is not possible to return electronically
processed information, FALK is obliged to use commercially reasonable efforts to delete or erase it immediately. In any case FALK is not allowed to retain any of the Pre-Clinical Data, Clinical Data, Pharmacovigilance Data, or Inventions licensed to
it by CORONADO, and any of CORONADO’s Confidential Information in any form. Exempted from this obligation is the retaining of documents which have to be kept according to the applicable law. 

20.2 Termination for Non-Payment or Other Material Breach. 

(a) Termination for Non-Payment. If CORONADO or FALK (the “Breaching Party”) fails to make any of
the payments required under this Agreement within [*******] days after such payment becomes payable and such failure is not remedied within [*******] days after the Breaching Party’s receipt of written notice from the other Party (the
“Non-Breaching 

  
 27 

 
Party”) of such breach, then the Non-Breaching Party shall have the right, without prejudice to any other rights to compensation for damages or any other remedies available to it
under this Agreement or at law or in equity, to terminate this Agreement; provided, however, that the Non-Breaching Party shall not be entitled to terminate the Agreement for the Breaching Party’s failure to make any payments
following the first instance of such failure to make payments and to timely remedy the failure (provided that the Breaching Party has made the required payments within a reasonable time after the end of the [*******] day cure period), or if
(i) CORONADO and FALK have a bona fide disagreement as to any event that would trigger such payment or the amount of such payment to be made to the Non-Breaching Party, and (ii) the Breaching Party has paid the Non-Breaching Party any
undisputed amounts. 
 (b) Termination for Material Breach (Other Than Non-Payment). In the event there
shall have occurred a material adverse breach of this Agreement or a material adverse default in the observance or performance of any provision of this Agreement (other than for non-payment of non-disputed monies due) by a Party (the
“Defaulting Party”), the Party claiming the same (the “Non Defaulting Party”) shall promptly provide detailed notice thereof to the Defaulting Party. The Defaulting Party shall have [*******] days from the date of
receipt of such notice to cure the material adverse breach or material adverse default detailed in such notice and, if the same is timely cured within such [*******] day period the provisions of this Agreement shall remain in full force and effect.
In the event that the material adverse breach or material adverse default detailed in such notice (other than on account of nonpayment of monies owed) cannot with due diligence be cured within such [*******] day period and the Defaulting Party
promptly notifies the Non Defaulting Party of the period (not exceeding [*******] days) in which it anticipates that it can be cured, the time to cure such material adverse breach or material adverse default shall be extended for such period (up to
a maximum of [*******] days) as may be necessary to cure the same with all due diligence. Without prejudice to any other remedies available to it under this Agreement or at law or in equity, this Agreement may be terminated forthwith by service of
notice in writing by the Non Defaulting Party in the event that the Defaulting Party shall fail to cure such material adverse breach or material adverse default within such initial or extended period. 

20.3 Effect of Termination for Non-Payment or Other Material Breach. 

(a) Termination by CORONADO for Non-Payment or Material Breach of FALK. If CORONADO terminates this Agreement for
non-payment or material breach by FALK in accordance with Article 20.2(a) or 20.2(b), the licenses granted to CORONADO by FALK with respect to FALK Pre-Clinical Know-How, FALK Patent Rights, Pre-Clinical Data, Clinical Data,
Pharmacovigilance Data, and Inventions, shall remain in effect. However, effective on the termination date, (i) the licenses granted to FALK and/or OVAMED by CORONADO with respect to Pre-Clinical Data, Clinical Data, and Inventions shall cease,
and FALK and OVAMED shall cease to use Pre-Clinical Data, Clinical Data, or Inventions licensed to it by CORONADO except as required by law or to the extent required for an orderly transition, and (ii) in the event such termination results from
a FALK breach of its compensation obligations under Article 9.4, FALK’s right to a Royalty on Net Sales of Product in the Field and FALK’s rights connected to such Royalty shall terminate. Without further request, FALK and OVAMED
shall promptly send or return all documents, copies of documents and electronically memorised data referencing the Pre-Clinical Data, Clinical Data, or Inventions licensed to it by 

  
 28 

 
CORONADO, and CORONADO’s Confidential Information. As far as it is not possible to return electronically processed information, FALK and OVAMED are obliged to use commercially reasonable
efforts delete or erase it immediately. In any case FALK and OVAMED are not allowed to retain any of the Pre-Clinical Data, Clinical Data, or Inventions licensed to it by CORONADO, and any of CORONADO’s Confidential Information in any form.
Exempted from this obligation is the retaining of documents which have to be kept according to the applicable law. 
 (b) Termination by FALK for Non-Payment or Material Breach of CORONADO. If FALK effectively terminates this Agreement for non-payment or material breach by CORONADO in accordance with Article
20.2(a) or 20.2(b), the licenses granted to FALK and/or OVAMED by CORONADO with respect to Pre-Clinical Data, Clinical Data, Pharmacovigilance Data and Inventions shall remain in effect. However, effective on the termination date, the
licenses granted to CORONADO by FALK with respect to FALK Pre-Clinical Know-How, FALK Patent Rights, Pre-Clinical Data, Clinical Data, and Inventions shall cease and CORONADO shall cease to use the FALK Pre-Clinical Know-How, Pre-Clinical Data,
Clinical Data, or Inventions licensed to it by FALK, and shall cease to Develop, use, have made by OVAMED, Commercialize and sell Product under the FALK Patent Rights, except as required by law or to the extent required for an orderly transition.
Without further request, CORONADO shall promptly send or return all documents, copies of documents and electronically memorised data referencing the FALK Pre-Clinical Know-How, Pre-Clinical Data, Clinical Data, or Inventions licensed to it by FALK,
and FALK’s Confidential Information. As far as it is not possible to return electronically processed information, CORONADO is obliged to use commercially reasonable efforts to delete or erase it immediately. In any case CORONADO is not allowed
to retain any of the FALK Pre-Clinical Know-How, Pre-Clinical Data, Clinical Data, or Inventions licensed to it by FALK, and any of FALK’s Confidential Information in any form. Exempted from this obligation is the retaining of documents which
have to be kept according to the applicable law. 
 20.4 Bankruptcy. 

(a) Termination for Bankruptcy of FALK. CORONADO may, in addition to any other rights or remedies available to it
by law or in equity or according to this Agreement, terminate this Agreement, in whole or in part as CORONADO may determine, by written notice to the other Parties in the event FALK shall have become bankrupt, or shall have made an assignment for
the benefit of its creditors or there shall have been appointed a trustee or receiver of FALK or for all or a substantial part of its property or any case or proceeding shall have been commenced or other action taken by or against FALK in bankruptcy
or seeking reorganization, liquidation, dissolution, winding-up, arrangement, composition or readjustment of its debts or any other relief under any bankruptcy, insolvency, reorganization or other similar act or law of any jurisdiction now or
hereafter in effect and any such event shall have continued for [*******] days undismissed, unbonded and undischarged. However, the licenses granted to CORONADO by FALK with respect to FALK Pre-Clinical Know-How, FALK Patent Rights, Pre-Clinical
Data, Clinical Data, and Inventions, including FALK’s right to the Royalty and FALK’s rights connected to such Royalty, shall remain in effect. 
 (b) Termination for Bankruptcy of CORONADO. FALK may, in addition to any other rights or remedies available to it by law or in equity or according to this Agreement, terminate 

  
 29 

 
this Agreement, in whole or in part as FALK may determine, by written notice to the other Parties in the event CORONADO shall have become bankrupt, or shall have made an assignment for the
benefit of its creditors or there shall have been appointed a trustee or receiver of CORONADO or for all or a substantial part of its property or any case or proceeding shall have been commenced or other action taken by or against CORONADO in
bankruptcy or seeking reorganization, liquidation, dissolution, winding-up, arrangement, composition or readjustment of its debts or any other relief under any bankruptcy, insolvency, reorganization or other similar act or law of any jurisdiction
now or hereafter in effect and any such event shall have continued for [*******] days undismissed, unbonded and undischarged. However, the licenses granted to FALK and/or OVAMED by CORONADO with respect to Pre-Clinical Data, Clinical Data, and
Inventions shall remain in effect. 
 Article 21. 
 General Effects of Expiration or Termination. 
 21.1
Surviving Rights and Obligations. Except as specifically provided herein, upon termination or expiration of this Agreement, obligations and rights of a Party that expressly or by nature shall survive any termination or expiration of this
Agreement will survive any termination or expiration of this Agreement. 
 21.2 Accrued Rights. Except as
specifically provided in this Agreement, termination or expiration of the Agreement for any reason shall be without prejudice to any rights which shall have accrued to the benefit of either Party prior to such termination or expiration, including
payments due prior to termination or expiration of the Agreement or damages arising from any breach hereunder. 
 Article 22.

 Miscellaneous 
 22.1 Assignment. This Agreement and the rights, obligations and interests related to Inventions or Joint Inventions may not be assigned by any Party without the consent of the other Parties, which
consent will not be unreasonably withheld, except that each Party may, without such consent, assign this Agreement and the rights, obligations and interests related to Inventions or Joint Inventions of such Party, (a) in whole or in part, to
any of its Affiliates (provided, however, that any assignment in part to an Affiliate shall be subject to the foregoing consent requirement with respect to any further assignment by such Affiliate to a Third Party), or (b) in its
entirety, to any purchaser of all or substantially all of its assets in the line of business to which this Agreement pertains, or of all of its capital stock, or to any successor corporation resulting from any merger or consolidation of such Party
with or into such corporation (each, a “Successor”) where such Affiliate or other Successor to a Party could reasonably be expected to satisfy that Party’s obligations hereunder; provided, however, that in the case of an
assignment the assigning Party shall remain fully responsible for all of its obligations hereunder and shall provide notice to the other Parties of such assignment. This Agreement shall be binding upon and inure to the benefit of the Successors and
permitted assigns of the Parties. Any attempt to assign any portion of this Agreement in violation of this paragraph shall be void. Subject to the foregoing, any references to CORONADO, OVAMED and FALK hereunder shall be deemed to include the
Successors and permitted assigns thereof. 

  
 30 

 22.2 Legal Compliance. Each Party shall comply in all material
respects with all laws, rules and regulations applicable to the conduct of its business pursuant to this Agreement. 
 22.3 Force Majeure. Neither Party shall lose any rights hereunder or be liable to the other Party for damages or losses on account of failure of performance by the defaulting Party if the failure
is occasioned by government action, war, terrorism, fire, explosion, flood, strike, lockout, embargo, act of God, or any other cause beyond the control and without the fault or negligence of the defaulting Party, provided that the Party claiming
force majeure has exerted all reasonable efforts to avoid or remedy such force majeure; provided, however, that in no event shall a Party be required to settle any labor dispute or disturbance. Such excuse shall continue as long as the condition
preventing the performance continues. Upon cessation of such condition, the affected Party shall promptly resume performance hereunder. Each Party agrees to give the other Party prompt written notice of the occurrence of any such condition, the
nature thereof, and the extent to which the affected Party will be unable to perform its obligations hereunder. Each Party further agrees to use all reasonable efforts to correct the condition as quickly as possible and to give the other Party
prompt written notice when it is again fully able to perform its obligations. 
 22.4 Further Actions.
Each Party agrees to execute, acknowledge and deliver such further instruments, and to do all such other acts, as may be reasonably necessary or appropriate in order to carry out the purposes and intent of this Agreement. 

  
 31 

 22.5 Notices. All notices hereunder shall be in writing (including
telecopy) and shall be deemed given if delivered personally or by registered or certified mail (return receipt requested), postage prepaid, or sent by express courier service with tracking service, to the Parties at the following addresses (or at
such other address for a Party as shall be specified by like notice; provided, that notices of a change of address shall be effective only upon receipt thereof), in case of a telecopy/fax at the following number (or at such other number for a Party
as shall be specified by like notice): 
  

					
	If to CORONADO to:	  	CORONADO BIOSCIENCES, INC.
		  	15 New England Executive Park
		  	Burlington, MA 01803
		  	USA
		  	Attention:	 	Bobby W. Sandage, Jr., Ph.D.,
		  		 	President and CEO
		  	Telecopy/Fax:	 	+[*******]
		
	If to OVAMED to:	  	OVAMED GMBH
		  	Kiebitzhörn 31
		  	22885 Barsbüttel
		  	Germany
		  	Attention:	 	Mr. Alexander Beese and Mr. Detlev Goj,
		  		 	Managing Directors
		  	Telecopy/Fax:	 	+[*******]
		
	If to FALK to:	  	DR. FALK PHARMA GMBH
		  	Leinenweberstraße 5
		  	Postfach 6529
		  	79041 Freiburg
		  	Germany
		  	Attention:	 	Mrs. Ursula Falk, Managing Director
		  	Telecopy/Fax:	 	+ [*******]

 22.6 Waiver. Except as specifically provided for herein, the waiver from time to
time by either of the Parties of any of their rights or their failure to exercise any remedy shall not operate or be construed as a continuing waiver of same or of any other of such Party’s rights or remedies provided in this Agreement.

 22.7 Severability. If any term, covenant or condition of this Agreement or the application thereof to
any Party or circumstance shall, to any extent, be held to be invalid or unenforceable including but not limited to competition laws, then (a) the remainder of this Agreement, or the application of such term, covenant or condition to Parties or
circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant or condition of this Agreement shall be valid and be enforced to the fullest extent permitted by law; and
(b) the Parties hereto covenant and agree to renegotiate any such term, covenant or application thereof in good faith in order to provide a reasonably acceptable alternative to the term, covenant or condition of this Agreement or the
application thereof that is invalid or unenforceable, it being the intent of the Parties that the basic purposes of this Agreement are to be effectuated. 
 22.8 Governing Law. This Agreement shall as far as legally possible be governed by and construed in accordance with the laws of Germany, without regard to principles of conflicts of law;
provided, however, that The United Nations Convention on Contracts for the International Sale of Goods shall not apply in any action, suit or proceeding arising out of or relating to this Agreement. 

  
 32 

 22.9 Dispute Resolution and Jurisdiction. 

(a) The Parties recognize that disputes, controversies or claims arising out of or relating to this Agreement (each
a “Dispute”) may from time to time occur during the Term. It is the objective of the Parties to establish procedures to facilitate the resolution of Disputes in an expedient manner by mutual cooperation and without resort to
litigation. To accomplish this objective, the Parties agree to follow the procedures set forth in this Article 22.9 if and when a Dispute occurs. Disputes shall be first referred to the Steering Committee. If the Steering Committee is unable
to resolve such Dispute within [*******] days of being requested by a Party to resolve the Dispute, the matter shall be presented to the Chief Executive Officers (“CEOs”) of the concerned Parties for resolution. In the event that
the CEOs cannot resolve the Dispute within [*******] days after it has been presented to them, the provisions of Article 22.9(b) shall be applicable. 
 (b) Subject to the foregoing provisions of Article 22.9(a), the Parties agree to the exclusive jurisdiction and venue of any court located in Frankfurt am Main, Germany, for purposes of any
action arising out of or relating to this Agreement and agree that service of process in any such action may be made in the manner provided for in this Agreement for the delivery of notices. 

22.10 Ambiguities. Ambiguities, if any, in this Agreement shall not be construed against any Party, irrespective of
which Party may be deemed to have authored the ambiguous provision. 
 22.11 Headings; References. All
headings are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. Any reference in this Agreement to an Article or Exhibit shall, unless otherwise specifically provided, be to an Article or
Exhibit of this Agreement. 
 22.12 Counterparts. This Agreement may be executed in three (3) or more
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Signatures to this Agreement transmitted by fax, by email in “portable document format” (“pdf”) or
by any other electronic means intended to preserve the original graphic and pictorial appearance of this Agreement shall have the same effect as physical delivery of the paper document bearing an original signature. 

22.13 Entire Agreement and other Agreements. This Agreement, including all Exhibits attached hereto, which are
hereby incorporated herein by reference, sets forth all the covenants, promises, agreements, warranties, representations, conditions and understandings between the Parties hereto with respect to the subject matter hereof and all prior or
contemporaneous understandings or agreements, whether written or oral, between the Parties with respect to such subject matter, including but not limited to the Mutual Non-Disclosure Agreement and Terms of Agreement, are hereby superseded in their
entirety from and after the Effective Date. However, the OVAMED FALK License and the OVAMED CORONADO Agreements and all other agreements entered into between only two of the Parties of this Agreement or between Parties of this Agreement and Third
Parties shall remain unaffected and, except as specifically set forth herein, no term of this Agreement shall alter any term of such other agreements. 

  
 33 

 22.14 Modifications. This Agreement may not be amended except by a
separate written instrument specifically referencing this Agreement which is executed by all Parties. No subsequent alteration, amendment, change or addition to this Agreement shall be binding upon the Parties hereto unless reduced to writing and
signed by the respective authorized officers of the Parties. 
 22.15 No Third Party Beneficiary. Except
as expressly provided herein, this Agreement shall not confer any rights or remedies upon any Third Party other than the Parties and their respective successors and permitted assigns. 

22.16 Independent Contractors. It is expressly agreed that except as specifically set forth herein, the Parties
shall be independent contractors and that the relationship among the Parties shall not constitute a partnership, joint venture or agency. Neither Party shall have the authority to make any statements, representations or commitments of any kind, or
to take any action, which shall be binding on another Party, without the prior consent of such other Party. 
 [This space is
intentionally left blank.] 

  
 34 

 IN WITNESS WHEREOF, the
Parties have executed this Agreement in duplicate originals by their proper officers as of the date and year first above written. 
  

			
	CORONADO BIOSCIENCES, INC.
		
	By:	 	 /s/ Bobby W. Sandage, Jr.

		
	Name:	 	 Bobby W. Sandage, Jr.

		
	Title:	 	 President & CEO

  

									
	OVAMED GMBH	 		 		 	
					
	By:	 	 /s/ Alexander Beese
	 		 	By:	 	 /s/ Detlev Goj

					
	Name:	 	 Alexander Beese
	 		 	Name:	 	 Detlev Goj

					
	Title:	 	 Managing Director
	 		 	Title:	 	 Managing Director

  

			
	DR. FALK PHARMA GMBH
		
	By:	 	 /s/ Ursula Falk

		
	Name:	 	 Ursula Falk

		
	Title:	 	 Managing Director

 Exhibit 1 

to the Collaboration Agreement between Coronado, Ovamed and Falk 

- FALK Territory - 
 Austria 
 Belarus 

Belgium 
 Czech
Republic 
 Denmark 
 Estonia 
 Finland 

France 
 Greece

 Hungary 
 Iceland 
 Ireland 

Italy 
 Latvia

 Lithuania 
 Luxembourg 
 Republic of Macedonia 

Netherlands 

Norway 
 Poland

 Portugal 
 Romania 
 Russia 

Slovak Republic 

Slovenia 
 Spain

 Sweden 
 Switzerland 

 Turkey 
 Ukraine 
 United Kingdom 
 + Germany and FALK’s right of first refusal in the Territory II as defined in Art. 19 of the OVAMED FALK License, with the exception of the CORONADO Territory. 

End of Exhibit 1 

 Exhibit 2 

to the Collaboration Agreement between Coronado, Ovamed and Falk 

- CORONADO Territory - 
 North America 
 South America 

Japan 
 End of
Exhibit 2 

 Exhibit 3 

to the Collaboration Agreement between Coronado, Ovamed and Falk 

- Initial Steering Committee Members - 
 Steering Committee Members of CORONADO 
 (1) [*******] 

(2) [*******] 
 (3)
[*******] 
 Steering Committee Members of OVAMED 
 (1) [*******] 
 (2) [*******] 

(3) [*******] 

Steering Committee Members of FALK 
 (1) [*******] 
 (2) [*******] 

(3) [*******] 

End of Exhibit 3EX-10.1

 Exhibit 10.1 

PURCHASE AGREEMENT NUMBER 3712 
 between 
 THE BOEING COMPANY 

and 

Federal Express Corporation 
 Relating to Boeing Model 767-3S2F Aircraft 

  

			
	FED-PA-03712	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

  

 TABLE OF CONTENTS 

 

					
	 ARTICLES
	  	
	Article 1.	  	Quantity, Model and Description	  	4
	Article 2.	  	Delivery Schedule	  	4
	Article 3.	  	Price	  	4
	Article 4.	  	Payment	  	4
	Article 5.	  	Additional Terms	  	5
		
	 TABLE
	  	
	1.	  	Aircraft Information Table	  	
		
	 EXHIBIT
	  	
	A.	  	Aircraft Configuration	  	1
	B.	  	Aircraft Delivery Requirements and Responsibilities	  	1
		
	 SUPPLEMENTAL EXHIBITS
	  	
	AE1.	  	Escalation Adjustment/Airframe and Optional Features	  	1
	BFE1.	  	BFE Variables	  	1
	CS1.	  	Customer Support Variables	  	1
	EE1.	  	Engine Escalation, Engine Warranty and Patent Indemnity	  	1
	SLP1.	  	Service Life Policy Components	  	1

  

			
	FED-PA-03712	 	December 12, 2011
	 	 	Page 2

 BOEING PROPRIETARY

 LETTER AGREEMENTS 
 LA-1106151         LA-[ * ] Special Matters–Option Aircraft and Certain Purchase Right Aircraft 
 LA-1106152         LA-[ * ] Special Matters–Firm Aircraft 
 LA-1106153         LA-Liquidated Damages Non-Excusable Delay 
 LA-1106154         LA-Firm Aircraft Delivery Matters 

LA-1106155         LA-Open Configuration Matters 
 LA-1106156         LA-Option Aircraft 
 LA-1106157
        AGTA Amended Articles 
 LA-1106158         LA-Right to
Purchase Additional Aircraft 
 LA-1106159         LA- Special Matters Concerning [ * ] 

LA-1106160         LA-Spare Parts Initial Provisioning 
 LA-1106163         LA-Demonstration Flight Waiver 

LA-1106177         [ * ] 
 LA-1106207         LA-Special Matters Firm Aircraft 

LA-1106208         LA-Special Matters Option Aircraft 
 LA-1106574         LA-Agreement for Deviation from [ * ] 

LA-1106584         LA-Aircraft Performance Guarantees 
 LA-1106586         LA-Miscellaneous Matters 
 LA-1106614
        LA-Special Matters for Purchase Right Aircraft 
 LA-1106824
        LA-Customer Support Matters 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	FED-PA-03712	 	December 12, 2011
	 	 	Page 3

 BOEING PROPRIETARY

 Purchase Agreement No. 3712 

between 

The Boeing Company 
 and 
 Federal Express Corporation 

This Purchase Agreement No. PA 3712 between The Boeing Company, a Delaware corporation, (Boeing) and Federal
Express Corporation, a Delaware corporation, (Customer) relating to the purchase and sale of Model 767-300F aircraft together with all tables, exhibits, supplemental exhibits, letter agreements and other attachments thereto, if any,
(Purchase Agreement) incorporates the terms and conditions (except as specifically set forth below) of the Aircraft General Terms Agreement dated as of November 7, 2006 between the parties, as amended and identified as AGTA-FED
(AGTA). 
 1. Quantity, Model and Description. 

The aircraft to be delivered to Customer will be designated as Model 767-3S2F aircraft (Aircraft). Boeing
will manufacture and sell to Customer Aircraft conforming to the configuration described in Exhibit A in the quantities listed in Table 1 to the Purchase Agreement. 
 2. Delivery Schedule. 
 The scheduled months of delivery of
the Aircraft are listed in the attached Table 1. Exhibit B describes certain responsibilities for both Customer and Boeing in order to accomplish the delivery of the Aircraft. 
 3. Price. 
 3.1 Aircraft Basic Price. The Aircraft
Basic Price is listed in Table 1 and is subject to escalation in accordance with the terms of this Purchase Agreement. 
 3.2 Advance Payment Base Prices. The Advance Payment Base Prices listed in Table 1 were calculated utilizing the latest escalation factors available to Boeing on the date of this Purchase
Agreement projected to the month of scheduled delivery. 
 4. Payment. 

4.1 Boeing acknowledges receipt of a deposit in the amount shown in Table 1 for each Aircraft (Deposit).

 4.2 The standard advance payment schedule for the Aircraft requires Customer to make certain advance
payments, expressed in a percentage of the Advance Payment Base Price of each Aircraft beginning with a payment of one (1%) percent, less the Deposit, on the effective date of the Purchase Agreement for the Aircraft. Additional advance payments
for each Aircraft are due as specified in and on the first business day of the months listed in the attached Table 1. 

  

			
	FED-PA-03712	 	December 12, 2011
	 	 	Page 4

 BOEING PROPRIETARY

 4.3 For any Aircraft whose scheduled month of delivery is less than
twenty-four (24) months from the date of this Purchase Agreement, the total amount of advance payments due for payment upon signing of this Purchase Agreement will include all advance payments which are past due in accordance with the standard
advance payment schedule set forth in paragraph 4.2 above. 
 4.4 Customer will pay the balance of the
Aircraft Price of each Aircraft at delivery. 
 5. Additional Terms. 

5.1 Aircraft Information Table. Table 1 consolidates information contained in
Articles 1, 2, 3 and 4 with respect to (i) quantity of Aircraft, (ii) applicable Detail Specification, (iii) month and year of scheduled deliveries, (iv) Aircraft Basic Price, (v) applicable
escalation factors and (vi) Advance Payment Base Prices and advance payments and their schedules. 
 5.2
Escalation Adjustment/Airframe and Optional Features. Supplemental Exhibit AE1 contains the applicable Airframe Price and Optional Features Prices escalation formula. 

5.3 Buyer Furnished Equipment Variables. Supplemental Exhibit BFE1 contains supplier selection dates, on dock
dates and other variables applicable to the Aircraft. 
 5.4 Customer Support Variables. Information,
training, services and other things furnished by Boeing in support of introduction of the Aircraft into Customer’s fleet are described in Supplemental Exhibit CS1. The level of support to be provided under Supplemental
Exhibit CS1 (Entitlements) assumes that at the time of delivery of Customer’s first Aircraft under the Purchase Agreement, Customer has not taken possession of a 767-3S2F aircraft whether such 767-3S2F aircraft was purchased, leased
or otherwise obtained by Customer from Boeing or another party. If prior to the delivery of Customer’s first Aircraft, Customer has taken possession of a 767-3S2F aircraft, Boeing will revise the Entitlements to reflect the level of support
normally provided by Boeing to operators already operating such aircraft. Under no circumstances under the Purchase Agreement or any other agreement will Boeing provide the Entitlements more than once to support Customer’s operation of 767-3S2F
aircraft. 
 5.5 Engine Escalation Variables. Supplemental Exhibit EE1 contains the applicable
Engine Price escalation formula, the engine warranty and the engine patent indemnity for the Aircraft. 
 5.6
Service Life Policy Component Variables. Supplemental Exhibit SLP1 lists the SLP Components covered by the Service Life Policy for the Aircraft. 
 5.7 Negotiated Agreement; Entire Agreement. This Purchase Agreement, including the provisions of Article 8.2 of the AGTA relating to insurance, and Article 11 of Part 2 of
Exhibit C of the AGTA relating to DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES, has been the subject of discussion and negotiation and is understood by the parties; the Aircraft Price and other
agreements of the parties stated in this Purchase Agreement were arrived at in consideration of such provisions. This Purchase Agreement, including the AGTA, contains the entire agreement between the parties and supersedes all previous

  

			
	FED-PA-03712	 	December 12, 2011
	 	 	Page 5

 BOEING PROPRIETARY

 proposals, understandings, commitments or representations whatsoever, oral or written, and
may be changed only in writing signed by authorized representatives of the parties. 
  

			
	 AGREED AND ACCEPTED this
	  	
		
	 14 December 2011
	  	
	 Date
	  	
		
	 THE BOEING COMPANY
	  	 FEDERAL EXPRESS CORPORATION

		
	 /s/ STUART C. ROSS
	  	 /s/ PHILLIP C. BLUM

	 Signature
	  	Signature
		
	 Stuart C. Ross
	  	 Phillip C. Blum

	 Printed name
	  	Printed name
		
	 Attorney-in-Fact
	  	 Vice President

	 Title
	  	Title

  

			
	FED-PA-03712	 	December 12, 2011
	 	 	Page 6

 BOEING PROPRIETARY

 Table 1-A to 
 Purchase Agreement No. 3712 
 Aircraft Delivery, Description, Price and
Advance Payments 
 Firm Aircraft 
  

			September 30,		September 30,		September 30,		September 30,		September 30,
	 Airframe Model/MTOW:
	 	767-300F	 	408000 pounds	 	 Detail Specification: D019T002 Rev. K Dated April 30, 2011

	 Engine Model/Thrust:
	 	CF6-80C2B6F	 	60200 pounds	 	 Airframe Price Base Year/Escalation Formula:
	 	[ * ]	 	ECI-MFG/CPI
	 Airframe Price:
	 		 	[ * ]	 	 Engine Price Base Year/Escalation Formula:
	 	[ * ]	 	GE CF6-80 & GE90 (99 rev.)
	 Optional Features:
	 		 	[ * ]	 		 		 	
		 		 	  
	 		 		 	
	 Sub-Total of Airframe and Features:
	 		 	[ * ]	 	 Airframe Escalation Data:
	 		 	
	 Engine Price (Per Aircraft):
	 		 	[ * ]	 	 Base Year Index (ECI): 
	 	[ * ]	 	
	 Aircraft Basic Price (Excluding BFE/SPE):
	 		 	[ * ]	 	 Base Year Index (CPI): 
	 	[ * ]	 	
		 		 	  
	 		 		 	
	 Buyer Furnished Equipment (BFE) Estimate:
	 		 	[ * ]	 	 Engine Escalation Data:
	 		 	
	 Seller Purchased Equipment (SPE) Estimate:
	 		 	[ * ]	 	 Base Year Index (CPI): 
	 	[ * ]	 	
						
	 Deposit per Aircraft:
	 		 	[ * ]	 		 		 	

  

																	
	 	 	 	 	Escalation	 	Escalation	 	Escalation Estimate	 	
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	 Delivery 

Date
	 	 Number of
Aircraft
	 	 Factor

(Airframe)
	 	 Factor

(Engine) 
	 	 Adv Payment Base

Price Per A/P
	 	 At Signing 

1%
	 	 24 Mos. 

4%
	 	 21/18/12/9/6 Mos.
5%
	 	 Total 

30%

	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	FED-PA-03712 57361-1F.TXT	 	 Page 1

 BOEING PROPRIETARY 

																	
	 	 	 	 	Escalation	 	Escalation	 	Escalation Estimate	 	
Advance Payment Per Aircraft (Amts. Due/Mos. Prior to Delivery):

	 Delivery 

Date
	 	 Number of
Aircraft
	 	 Factor

(Airframe)
	 	 Factor

(Engine)
	 	 Adv Payment Base

Price Per A/P
	 	 At Signing

1%
	 	 24 Mos.

4%
	 	 21/18/12/9/6 Mos.
5%
	 	 Total 

30%

	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * [	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 Total:
	 	27	 		 		 		 		 		 		 	

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712 57361-1F.TXT 
	 	 Page 2

 BOEING PROPRIETARY 

 Table 1-B to 
 Purchase Agreement No. 3712 
 Aircraft Delivery, Description, Price and
Advance Payments 
 Exercised Option Aircraft 

 

			September 30,		September 30,		September 30,		September 30,		September 30,		September 30,
	 Airframe Model/MTOW:
	 	767-300F	 	408000 pounds	 	 Detail Specification: D019T002 Rev. K Dated April 30, 2011

	 Engine Model/Thrust:
	 	CF6-80C2B6F	 	60200 pounds	 	 Airframe Price Base Year/Escalation Formula:
	 	[ * ]	 	ECI-MFG/CPI
	 Airframe Price:
	 		 	[ * ]	 	 Engine Price Base Year/Escalation Formula:
	 	[ * ]	 	GE CF6-80 & GE90 (99 rev.)
	 Optional Features:
	 		 	[ * ]	 		 		 	
		 		 		 	  
	 		 		 	
	 Sub-Total of Airframe and Features:
	 	[ * ]	 	 Airframe Escalation Data:
	 		 	
	 Engine Price (Per Aircraft):
	 		 	[ * ]	 	 Base Year Index (ECI): 
	 	[ * ]	 	
	 Aircraft Basic Price (Excluding BFE/SPE):
	 	[ * ]	 	 Base Year Index (CPI): 
	 	[ * ]	 	
		 		 		 	  
	 		 		 	
	 Buyer Furnished Equipment (BFE) Estimate:
	 	[ * ]	 	 Engine Escalation Data:
	 		 	
	 Seller Purchased Equipment (SPE) Estimate:
	 	[ * ]	 	 Base Year Index (CPI): 
	 	[ * ]	 	
						
	 Deposit per Aircraft:
	 		 	[ * ]	 		 		 	

  
  

			September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,
	 	 	 	 	Escalation	 	Escalation	 	Escalation Estimate	 	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to 
Delivery):
	 Delivery

Date
	 	Number of
Aircraft	 	Factor
(Airframe)	 	Factor
(Engine)	 	Adv Payment Base
Price Per
A/P	 	At Signing
1%	 	24 Mos.
4%	 	21/18/12/9/6 Mos.
5%	 	Total
30%
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	
		 		 		 		 		 		 		 		 	

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712 57361-1F.TXT
	 	 Page 1

 BOEING PROPRIETARY 

 Table 1-C to 
 Purchase Agreement No. 3712 
 Aircraft Delivery, Description, Price and
Advance Payments 
 Exercised Purchase Right Aircraft 

 

			September 30,		September 30,		September 30,		September 30,		September 30,		September 30,
	 Airframe Model/MTOW:
	 	767-300F	 	408000 pounds	 	 Detail Specification: D019T002 Rev. K Dated April 30, 2011

	 Engine Model/Thrust:
	 	CF6-80C2B6F	 	60200 pounds	 	 Airframe Price Base Year/Escalation Formula:
	 	[ * ]	 	ECI-MFG/CPI
	 Airframe Price:
	 		 	[ * ]	 	 Engine Price Base Year/Escalation Formula:
	 	[ * ]	 	GE CF6-80 & GE90 (99 rev.)
	 Optional Features:
	 		 	[ * ]	 		 		 	
		 		 		 	  
	 		 		 	
	 Sub-Total of Airframe and Features:
	 	[ * ]	 	 Airframe Escalation Data:
	 		 	
	 Engine Price (Per Aircraft):
	 		 	[ * ]	 	 Base Year Index (ECI): 
	 	[ * ]	 	
	 Aircraft Basic Price (Excluding BFE/SPE):
	 	[ * ]	 	 Base Year Index (CPI): 
	 	[ * ]	 	
		 		 		 	  
	 		 		 	
	 Buyer Furnished Equipment (BFE) Estimate:
	 	[ * ]	 	 Engine Escalation Data:
	 		 	
	 Seller Purchased Equipment (SPE) Estimate:
	 	[ * ]	 	 Base Year Index (CPI): 
	 	[ * ]	 	
						
	 Deposit per Aircraft:
	 		 	[ * ]	 		 		 	

  
  

			September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,
	 	 	 	 	Escalation	 	Escalation	 	Escalation Estimate	 	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to 
Delivery):
	 Delivery 

Date
	 	 Number of
Aircraft
	 	Factor
(Airframe)	 	Factor
(Engine)	 	Adv Payment Base
Price Per
A/P	 	At Signing
1%	 	24 Mos.
4%	    	21/18/12/9/6 Mos.
5%	    	Total 
30%
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	
	 [ * ]
	 	[ * ]	 		 		 		 		 		    		    	

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712 57361-1F.TXT
	 	 Page 1

 BOEING PROPRIETARY 

 AIRCRAFT CONFIGURATION 

between 

THE BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 

Exhibit A 
 to Purchase Agreement Number 3712 

  

			
	FED-PA-03712-EXA	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

 Exhibit A 

AIRCRAFT CONFIGURATION 
 Dated
                                 

relating to 
 BOEING MODEL 767-3S2F AIRCRAFT 
 The initial
configuration of Customer’s 767-3S2F Aircraft is based on the Boeing configuration specification 767-300 Freighter D019T002, revision K, dated as of April 30, 2011. Final configuration of the 767-32SF Aircraft will be completed at a later
date pursuant to the configuration schedule included in the Open Configuration Matters Letter Agreement FED-PA-03712-LA-1106155. Boeing and Customer will execute a supplemental agreement to the Purchase Agreement on or before [ * ], which will
reflect incorporation into Exhibit A of the Purchase Agreement, those optional features which have been agreed to by Customer and Boeing. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
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	 	 	Page 2

 BOEING PROPRIETARY

 This page is intentionally left blank until Final Configuration of the Aircraft.

  

			
	FED-PA-03712-EXA	 	December 12, 2011
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 BOEING PROPRIETARY

 AIRCRAFT DELIVERY REQUIREMENTS AND 

RESPONSIBILITIES 
 between 
 THE BOEING COMPANY 

and 

FEDERAL EXPRESS CORPORATION 
 Exhibit B 
 to Purchase Agreement Number 3712 

  

			
	FED-PA-03712-EXB	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

 Exhibit B 
 AIRCRAFT DELIVERY REQUIREMENTS AND RESPONSIBILITIES 
 relating to

 BOEING MODEL 767-3S2F AIRCRAFT 

Both Boeing and Customer have certain documentation and approval responsibilities at various times during the
construction cycle of Customer’s Aircraft that are critical to making the delivery of each Aircraft a positive experience for both parties. This Exhibit B documents those responsibilities and indicates recommended completion deadlines for
the actions to be accomplished. 
 1. GOVERNMENT DOCUMENTATION REQUIREMENTS. 

Certain actions are required to be taken by Customer in advance of the scheduled delivery month of each Aircraft with
respect to obtaining certain government issued documentation. 
 1.1 Airworthiness and Registration Documents.
Not later than six (6) months prior to delivery of each Aircraft, Customer will notify Boeing of the registration number to be painted on the side of the Aircraft. In addition, and not later than three (3) months prior to
delivery of each Aircraft, Customer will, by letter to the regulatory authority having jurisdiction, authorize the temporary use of such registration numbers by Boeing during the pre-delivery testing of the Aircraft. 

Customer is responsible for furnishing any Temporary or Permanent Registration Certificates required by any governmental
authority having jurisdiction to be displayed aboard the Aircraft after delivery. 
 1.2 Certificate of
Sanitary Construction. 
 1.2.1 U.S. Registered Aircraft. Boeing will obtain from the United States Public
Health Service, a United States Certificate of Sanitary Construction to be displayed aboard each Aircraft after delivery to Customer. 
 1.2.2 Non-U.S. Registered Aircraft. If Customer requires a United States Certificate of Sanitary Construction at the time of delivery of the Aircraft, Customer will give written notice thereof to Boeing
at least three (3) months prior to delivery. Boeing will then use commercially reasonable efforts to obtain the Certificate from the United States Public Health Service and present it to Customer at the time of Aircraft delivery.

 1.3 Customs Documentation. 

1.3.1 Import Documentation. If the Aircraft is intended to be exported from the United States, Customer must
notify Boeing not later than three (3) months prior to delivery of each Aircraft of any documentation required by the customs authorities or by any other agency of the country of import. 

1.3.2 General Declaration - U.S. If the Aircraft is intended to be exported from the United States, Boeing will
prepare Customs Form 7507, General Declaration, for execution by U.S. Customs immediately prior to the ferry flight of the Aircraft. For this 

  

			
	FED-PA-03712-EXB	 	December 12, 2011
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 BOEING PROPRIETARY

 purpose, Customer will furnish to Boeing not later than twenty (20) days prior to
delivery all information required by U.S. Customs and Border Protection, including without limitation (i) a complete crew and passenger list identifying the names, birth dates, passport numbers and passport expiration dates of all crew and
passengers and (ii) a complete ferry flight itinerary, including point of exit from the United States for the Aircraft. 
 If Customer intends, during the ferry flight of an Aircraft, to land at a U.S. airport after clearing Customs at delivery, Customer must notify Boeing not later than twenty (20) days prior to
delivery of such intention. If Boeing receives such notification, Boeing will provide to Customer the documents constituting a Customs permit to proceed, allowing such Aircraft to depart after any such landing. Sufficient copies of completed
Form 7507, along with passenger manifest, will be furnished to Customer to cover U.S. stops scheduled for the ferry flight. 
 1.3.3 Export Declaration - U.S. If the Aircraft is intended to be exported from the United States following delivery, and (i) Customer is a non-U.S. customer, Boeing will file an export
declaration electronically with U.S. Customs and Border Protection (CBP), or (ii) Customer is a U.S. customer, it is the responsibility of the U.S. customer, as the exporter of record, to file the export declaration with CBP. 

2. Insurance Certificates. 
 Unless provided earlier, Customer will provide to Boeing not later than thirty (30) days prior to delivery of the first Aircraft, a copy of the requisite annual insurance certificate in
accordance with the requirements of Article 8 of the AGTA. 
 3. NOTICE OF FLYAWAY CONFIGURATION. 

Not later than twenty (20) days prior to delivery of the Aircraft, Customer will provide to Boeing a
configuration letter stating the requested “flyaway configuration” of the Aircraft for its ferry flight. This configuration letter should include: 
  

	 	(i)	 the name of the company which is to furnish fuel for the ferry flight and any scheduled post-delivery flight training, the method of payment for
such fuel, and fuel load for the ferry flight; 

  

	 	(ii)	 the cargo to be loaded and where it is to be stowed on board the Aircraft, the address where cargo is to be shipped after flyaway and notification
of any hazardous materials requiring special handling; 

  

	 	(iii)	 any BFE equipment to be removed prior to flyaway and returned to Boeing BFE stores for installation on Customer’s subsequent Aircraft;

  

	 	(iv)	 a complete list of names and citizenship of each crew member and non-revenue passenger who will be aboard the ferry flight; and

  

	 	(v)	 a complete ferry flight itinerary. 

  

			
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 BOEING PROPRIETARY

 4. DELIVERY ACTIONS BY BOEING. 

4.1 Schedule of Inspections. All FAA, Boeing, Customer and, if required, U.S. Customs Bureau inspections will be
scheduled by Boeing for completion prior to delivery or departure of the Aircraft. Customer will be informed of such schedules. 
 4.2 Schedule of Demonstration Flights. All FAA and Customer demonstration flights will be scheduled by Boeing for completion prior to delivery of the Aircraft. 

4.3 Schedule for Customer’s Flight Crew. Boeing will inform Customer of the date that a flight crew is
required for acceptance routines associated with delivery of the Aircraft. 
 4.4 Fuel Provided by
Boeing. Boeing will provide to Customer, without charge, the amount of fuel shown in U.S. gallons in the table below for the model of Aircraft being delivered and full capacity of engine oil at the time of delivery or prior to the ferry flight
of the Aircraft. 
  

				September 30,	
	 Aircraft Model
	    	Fuel Provided	 
	 737
	    	 	1,000	  
	 747
	    	 	4,000	  
	 757
	    	 	1,600	  
	 767
	    	 	2,000	  
	 777
	    	 	3,000	  
	 787
	    	 	2,000	  

 4.5 Flight Crew and Passenger Consumables. Boeing will provide reasonable
quantities of food, coat hangers, towels, toilet tissue, drinking cups and soap for the first segment of the ferry flight for the Aircraft. 
 4.6 Delivery Papers, Documents and Data. Boeing will have available at the time of delivery of the Aircraft certain delivery papers, documents and data for execution and delivery. If title for the
Aircraft will be transferred to Customer through a Boeing sales subsidiary and if the Aircraft will be registered with the FAA, Boeing will pre-position in Oklahoma City, Oklahoma, for filing with the FAA at the time of delivery of the Aircraft an
executed original Form 8050-2, Aircraft Bill of Sale, indicating transfer of title to the Aircraft from Boeing’s sales subsidiary to Customer. 
 4.7 Delegation of Authority. If specifically requested in advance by Customer, Boeing will present a certified copy of a Resolution of Boeing’s Board of Directors, designating and authorizing
certain persons to act on its behalf in connection with delivery of the Aircraft. 
 5. DELIVERY ACTIONS BY CUSTOMER. 

5.1 Aircraft Radio Station License. At delivery Customer will provide its Aircraft Radio Station License to be
placed on board the Aircraft following delivery. 
 5.2 Aircraft Flight Log. At delivery Customer will
provide the Aircraft Flight Log for the Aircraft. 
 5.3 Delegation of Authority. Customer will present
to Boeing at delivery of the Aircraft an original or certified copy of Customer’s Delegation of Authority designating and authorizing certain persons to act on its behalf in connection with delivery of the specified Aircraft. 

  

			
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 BOEING PROPRIETARY

 5.4 TSA Waiver Approval. Customer may be required to have an approved
Transportation Security Administration (TSA) waiver for the ferry flight depending upon the Customer’s en-route stop(s) and destination unless the Customer already has a TSA approved security program in place. Customer is responsible for
application for the TSA waiver and obtaining TSA approval. Customer will provide a copy of the approved TSA waiver, if such waiver is required, to Boeing prior to delivery. 

5.5 Electronic Advance Passenger Information System. Should the ferry flight of an Aircraft leave the United
States, the Department of Homeland Security office may require Customer to comply with the Electronic Advance Passenger Information System (eAPIS). Customer shall be responsible for establishing any necessary account with US Customs and
Border Protection related to eAPIS compliance. To the extent Customer is required to comply with eAPIS, a copy of the necessary eAPIS forms shall be provided by Customer to Boeing prior to delivery. 

  

			
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 BOEING PROPRIETARY

 ESCALATION ADJUSTMENT 

AIRFRAME AND OPTIONAL FEATURES 
 between 
 THE BOEING COMPANY 

and 

FEDERAL EXPRESS CORPORATION 
 Supplemental Exhibit AE1 
 to Purchase Agreement Number 3712

  

			
	FED-PA-03712-AE1	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

 ESCALATION ADJUSTMENT 

AIRFRAME AND OPTIONAL FEATURES 
 relating to 
 BOEING MODEL 767-3S2F AIRCRAFT 

1. Formula. 
 Airframe
and Optional Features price adjustments (Airframe Price Adjustment) are used to allow prices to be stated in current year dollars at the signing of this Purchase Agreement and to adjust the amount to be paid by Customer at delivery for the
effects of economic fluctuation. The Airframe Price Adjustment will be determined at the time of Aircraft delivery in accordance with the following formula: 
  

	
	 Pa = (P) (L + M) - P

 Where: 
 Pa = Airframe
Price Adjustment. (For Models 737-600, 737-700, 737-800, 737-900, 737-900ER 747-8, 777-200LR, 777-F, and 777-300ER the Airframe Price includes the Engine Price at its basic thrust level.) 

P = Airframe Price plus the price of the Optional Features (as set forth in Table 1 of this Purchase Agreement). 

 

					
	 L = .65 x
	 	 (ECI
	  	
	 	ECIb)	  	

 Where: 
 ECIb is the base
year airframe escalation index (as set forth in Table 1 of this Purchase Agreement); 
 ECI is a value
determined using the U.S. Department of Labor, Bureau of Labor Statistics, Employment Cost Index for NAICS Manufacturing – Total Compensation (BLS Series ID CIU2013000000000I), calculated by establishing a three (3) month arithmetic
average value (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and
13th months prior to the month of scheduled delivery of
the applicable Aircraft. As the Employment Cost Index values are only released on a quarterly basis, the value released for the first quarter will be used for the months of January, February, and March; the value released for the second quarter will
be used for the months of April, May, and June; the value released for the third quarter will be used for the months of July, August, and September; the value released for the fourth quarter will be used for the months of October, November, and
December. 

  

			
	FED-PA-03712-AE1	 	December 12, 2011
	 	 	Page 2

 BOEING PROPRIETARY

					
	 M = .35 x
	 	 (CPI
	  	
	 	CPIb)	  	

 Where: 
 CPIb is the base
year airframe escalation index (as set forth in Table 1 of this Purchase Agreement); and 
 CPI is a
value determined using the U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index – All Urban Consumers (BLS Series ID CUUR0000SA0), calculated as a three (3) month arithmetic average of the released monthly values
(expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and
13th months prior to the month of scheduled delivery of
the applicable Aircraft. 
 As an example, for an Aircraft scheduled to be delivered in the month of July, the months of June,
July, and August of the preceding year will be utilized in determining the value of ECI and CPI. 
 Note: 

 

	 	(i)	 In determining the values of L and M, all calculations and resulting values will be expressed as a decimal rounded to the nearest ten-thousandth.

  

	 	(ii)	 .65 is the numeric ratio attributed to labor in the Airframe Price Adjustment formula. 

 

	 	(iii)	 .35 is the numeric ratio attributed to materials in the Airframe Price Adjustment formula. 

 

	 	(iv)	 The denominators (base year indices) are the actual average values reported by the U.S. Department of Labor, Bureau of Labor Statistics. The
actual average values are calculated as a three (3) month arithmetic average of the released monthly values (expressed as a decimal and rounded to the nearest tenth) using the values for the 11th, 12th, and 13th months prior to the airframe
base year. The applicable base year and corresponding denominator is provided by Boeing in Table 1 of this Purchase Agreement. 

  

	 	(v)	 The final value of
Pa will be rounded to the nearest dollar.

  

	 	(vi)	 The Airframe Price Adjustment will not be made if it will result in a decrease in the Aircraft Basic Price. 

2. Values to be Utilized in the Event of Unavailability. 
 2.1 If the Bureau of Labor Statistics substantially revises the methodology used for the determination of the values to be used to determine the ECI and CPI values (in contrast to benchmark adjustments or
other corrections of previously released values), or for any reason has not released values needed to determine the applicable Airframe 

  

			
	FED-PA-03712-AE1	 	December 12, 2011
	 	 	Page 3

 BOEING PROPRIETARY

 Price Adjustment, the parties will, prior to the delivery of any such Aircraft, select a
substitute from other Bureau of Labor Statistics data or similar data reported by non-governmental organizations. Such substitute will result in the same adjustment, insofar as possible, as would have been calculated utilizing the original values
adjusted for fluctuation during the applicable time period. However, if within twenty-four (24) months after delivery of the Aircraft, the Bureau of Labor Statistics should resume releasing values for the months needed to determine the Airframe
Price Adjustment, such values will be used to determine any increase or decrease in the Airframe Price Adjustment for the Aircraft from that determined at the time of delivery of the Aircraft. 

2.2 Notwithstanding Article 2.1 above, if prior to the scheduled delivery month of an Aircraft the Bureau of Labor
Statistics changes the base year for determination of the ECI and CPI values as defined above, such re-based values will be incorporated in the Airframe Price Adjustment calculation. 

2.3 In the event escalation provisions are made non-enforceable or otherwise rendered void by any agency of the United
States Government, the parties agree, to the extent they may lawfully do so, to equitably adjust the Aircraft Price of any affected Aircraft to reflect an allowance for increases or decreases consistent with the applicable provisions of
paragraph 1 of this Supplemental Exhibit AE1 in labor compensation and material costs occurring since August of the year prior to the price base year shown in the Purchase Agreement. 

2.4 If within twelve (12) months of Aircraft delivery, the published index values are revised due to an acknowledged
error by the Bureau of Labor Statistics, the Airframe Price Adjustment will be re-calculated using the revised index values (this does not include those values noted as preliminary by the Bureau of Labor Statistics). A credit memorandum or
supplemental invoice will be issued for the Airframe Price Adjustment difference. Interest charges will not apply for the period of original invoice to issuance of credit memorandum or supplemental invoice. 

Note: 
  

	 	(i)	 The values released by the Bureau of Labor Statistics and available to Boeing thirty (30) days prior to the first day of the scheduled delivery
month of an Aircraft will be used to determine the ECI and CPI values for the applicable months (including those noted as preliminary by the Bureau of Labor Statistics) to calculate the Airframe Price Adjustment for the Aircraft invoice at the time
of delivery. The values will be considered final and no Airframe Price Adjustments will be made after Aircraft delivery for any subsequent changes in published Index values, subject always to paragraph 2.4 above. 

 

	 	(ii)	 The maximum number of digits to the right of the decimal after rounding utilized in any part of the Airframe Price Adjustment equation will be
four (4), where rounding of the fourth digit will be increased to the next highest digit when the 5th digit is equal to five (5) or greater. 

  

			
	FED-PA-03712-AE1	 	December 12, 2011
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 BOEING PROPRIETARY

 BUYER FURNISHED EQUIPMENT VARIABLES 

between 
 THE
BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 
 Supplemental Exhibit BFE1 to Purchase Agreement
Number 3712 

  

					
	 P.A. No. 03712
	 	BFE1	 	

 BOEING PROPRIETARY 

 BUYER FURNISHED EQUIPMENT VARIABLES 

relating to 

BOEING MODEL 767-300F AIRCRAFT 
 This Supplemental Exhibit BFE1 contains vendor selection dates, on-dock dates and other variables applicable to the Aircraft. 
 1. Supplier Selection. 
 Customer will: 

1.1 Select and notify Boeing of the suppliers and part numbers of the following BFE items by the following dates:

  

				September 30,	
	 Galley System
	    	 	[ * ]	  
		    	  
	  
	 
	 Galley Inserts
	    	 	[ * ]	  
		    	  
	  
	 
	 Seats (passenger)
	    	 	N/A	  
		    	  
	  
	 
	 Overhead & Audio System
	    	 	[ * ]	  
		    	  
	  
	 
	 In-Seat Video System
	    	 	N/A	  
		    	  
	  
	 
	 Miscellaneous Emergency Equipment
	    	 	[ * ]	  
		    	  
	  
	 
	 Cargo Handling System
	    	 	[ * ]	  
		    	  
	  
	 

 2. On-dock Dates 
 On or before [ * ], Boeing will provide to Customer a BFE Requirements On-Dock/Inventory Document (BFE Document) or an electronically transmitted BFE Report which may be periodically revised, setting
forth the items, quantities, on-dock dates and shipping instructions relating to the in-sequence installation of BFE. For planning purposes, a preliminary BFE on-dock schedule is set forth below: 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-1	 	

 BOEING PROPRIETARY 

			September 30,		September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-2	 	

 BOEING PROPRIETARY 

			September 30,		September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-3	 	

 BOEING PROPRIETARY 

			September 30,		September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-4	 	

 BOEING PROPRIETARY 

			September 30,		September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	[ * ]	    	[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	[ * ]	    	[ * ]
	 Miscellaneous Emergency Equipment
	    	[ * ]	    	[ * ]
	 Electronics
	    	[ * ]	    	[ * ]
	 Textiles/Raw Material
	    	[ * ]	    	[ * ]
	 Cargo Handling System
	    	[ * ]	    	[ * ]
	 Provisioning Kits
	    	[ * ]	    	[ * ]

 ** - On-dock dates for these delivery positions are unavailable at this time as they are currently
outside of our production schedule. As these aircraft are implemented into the production system, on-dock dates will become available though MBC (My Boeing Configuration). 

 

			September 30,		September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	**[ * ]	    	**[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	TBD	    	TBD
	 Miscellaneous Emergency Equipment
	    	TBD	    	TBD
	 Electronics
	    	TBD	    	TBD
	 Textiles/Raw Material
	    	TBD	    	TBD
	 Cargo Handling System
	    	TBD	    	TBD
	 Provisioning Kits
	    	TBD	    	TBD
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	**[ * ]	    	**[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	TBD	    	TBD
	 Miscellaneous Emergency Equipment
	    	TBD	    	TBD
	 Electronics
	    	TBD	    	TBD
	 Textiles/Raw Material
	    	TBD	    	TBD
	 Cargo Handling System
	    	TBD	    	TBD
	 Provisioning Kits
	    	TBD	    	TBD

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-5	 	

 BOEING PROPRIETARY 

			September 30,		September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	**[ * ]	    	**[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	TBD	    	TBD
	 Miscellaneous Emergency Equipment
	    	TBD	    	TBD
	 Electronics
	    	TBD	    	TBD
	 Textiles/Raw Material
	    	TBD	    	TBD
	 Cargo Handling System
	    	TBD	    	TBD
	 Provisioning Kits
	    	TBD	    	TBD
		
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	**[ * ]	    	**[ * ]
	 	    	Aircraft	    	Aircraft
	 Seats
	    	N/A	    	N/A
	 Galleys/Furnishings
	    	TBD	    	TBD
	 Miscellaneous Emergency Equipment
	    	TBD	    	TBD
	 Electronics
	    	TBD	    	TBD
	 Textiles/Raw Material
	    	TBD	    	TBD
	 Cargo Handling System
	    	TBD	    	TBD
	 Provisioning Kits
	    	TBD	    	TBD

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-6	 	

 BOEING PROPRIETARY 

			September 30,
	 	    	Preliminary On-Dock Dates
	Item	    	[Month of Delivery:]
	 	    	**[ * ]
	 	    	Aircraft
	 Seats
	    	N/A
	 Galleys/Furnishings
	    	TBD
	 Miscellaneous Emergency Equipment
	    	TBD
	 Electronics
	    	TBD
	 Textiles/Raw Material
	    	TBD
	 Cargo Handling System
	    	TBD
	 Provisioning Kits
	    	TBD

 3. Additional Delivery Requirements—Import. 

Customer will be the “importer of record” (as defined by the U.S. Customs and Border Protection) for all
BFE imported into the United States, and as such, it has the responsibility to ensure all of Customer’s BFE shipments comply with U.S. Customs Service regulations. In the event Customer requests Boeing, in writing, to act as importer of record
for Customer’s BFE, and Boeing agrees to such request, Customer is responsible for making certain that, at the time of shipment, all BFE shipments comply with the requirements in the “International Shipment Routing Instructions”,
including the Customs Trade Partnership Against Terrorism (C-TPAT), as set out on the Boeing website referenced below. 

http://www.boeing.com/companyoffices/doingbiz/supplier_portal/index_general.html 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712
	 	BFE1-7	 	

 BOEING PROPRIETARY 

 CUSTOMER SUPPORT VARIABLES 

between 

THE BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 

Supplemental Exhibit CS1 
 to Purchase Agreement Number 3712 

  

			
	FED-PA-03712-CS1	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

 CUSTOMER SUPPORT VARIABLES 

relating to 
 BOEING MODEL 767-3S2F AIRCRAFT 
 Customer and Boeing
will conduct planning conferences approximately twelve (12) months prior to delivery of the first Aircraft, or as mutually agreed, in order to develop and schedule a customized Customer Support Program to be furnished by Boeing in support of
the Aircraft. 
 The customized Customer Services Program will be based upon and equivalent to the entitlements
summarized below. 
 1. Maintenance Training. 
 1.1 Airplane General Familiarization Course; one (1) class of twenty (24) students; 
 1.2 Mechanical/Power Plant Systems Course; two (2) classes of fifteen (15) students; 
 1.3 Electrical Systems Course; two (2) classes of fifteen (15) students; 
 1.4 Avionics Systems Course; two (2) classes of fifteen (15) students; 
 1.5 Corrosion Prevention & Control Course; one (1) class of ten (10) students; 
 1.6 Aircraft Rigging Course; one (1) class of six (6) students; 
 1.7 Composite Repair for Technicians—Basic; one (1) class of eight (8) students; 
 1.8 Training materials will be provided to each student. In addition, one set of training materials used in Boeing’s training program, including visual aids, Computer Based Training Courseware,
instrument panel wall charts, text/graphics, video programs, etc. will be provided for use in Customer’s own training program. 
 2.
Flight Training. 
 2.1 Transition training for eight (8) flight crews (16 pilots) in two (2)
classes. The training will consist of ground school (utilizing computer based training), fixed base simulator, full flight simulator and actual aircraft training on Customer’s Aircraft; 

2.2 Flight Dispatcher training; two (2) classes of six (6) students; 

2.3 Flight Attendant training; two (2) classes of twelve (12) students; 

2.4 Performance Engineer training in Boeing’s regularly scheduled courses; schedules are published twice yearly.

 2.5 Training materials will be provided to each student. In addition, one set of training materials as used
in Boeing’s training program, including visual aids, Computer 

  

			
	FED-PA-03712-CS1	 	December 12, 2011
	 	 	Page 2

 BOEING PROPRIETARY

 
Based Training Courseware, instrument panel wall charts, text/graphics, video programs, Flight Attendant Manuals, etc. will be provided for use in Customer’s own training program.

 2.6 Additional Flight Operations Services: 

 

	 	(i)	 Boeing flight crew personnel to assist in ferrying the first aircraft to Customer’s main base; 

 

	 	(ii)	 Instructor pilots for ninety (90) calendar days for revenue service training assistance; 

 

	 	(iii)	 An instructor pilot to visit Customer six (6) months after revenue service training to review Customer’s flight crew operations for a
two (2) week period. 

 3. Planning Assistance. 

3.1 Maintenance Engineering. Boeing will provide the following Maintenance Engineering support: 

3.1.1 Maintenance Planning Assistance. Upon request, Boeing will provide one (1) on-site visit to
Customer’s main base to assist with maintenance program development and to provide consulting related to maintenance planning. Consultation with Customer will be based on ground rules and requirements information provided in advance by
Customer. 
 3.1.2 ETOPS Maintenance Planning Assistance. Upon request, Boeing will provide one (1)
on site visit to Customer’s main base to assist with the development of their ETOPS maintenance program and to provide consultation related to ETOPS maintenance planning. Consultation with Customer will be based on ground rules and requirements
information provided in advance by Customer. 
 3.1.3 GSE/Shops/Tooling Consulting. Upon request, Boeing
will provide one (1) on-site visit to Customer’s main base to provide consulting and data for ground support equipment, maintenance tooling and requirements for maintenance shops. Consultation with Customer will be based on ground rules
and requirements information provided in advance by Customer. 
 3.1.4 Maintenance Engineering
Evaluation. Upon request, Boeing will provide one (1) on-site visit to Customer’s main base to evaluate Customer’s maintenance and engineering organization for conformance with industry best practices. The result of which will be
documented by Boeing in a maintenance engineering evaluation presentation. Customer will be provided with a copy of the maintenance engineering evaluation presentation. Consultation with Customer will be based on ground rules and requirements
information provided in advance by Customer. 
 3.2 Spares. 

 

	 	(i)	 Recommended Spares Parts List (RSPL). A customized RSPL, data and documents will be provided to identify spare parts required for
Customer’s support program. 

  

			
	FED-PA-03712-CS1	 	December 12, 2011
	 	 	Page 3

 BOEING PROPRIETARY

	 	(ii)	 Illustrated Parts Catalog (IPC). A customized IPC in accordance with ATA 100 will be provided. 

 

	 	(iii)	 Provisioning Training. Provisioning training will be provided for Customer’s personnel at Boeing’s facilities, where documentation
and technical expertise are available. Training is focused on the initial provisioning process and calculations reflected in the Boeing RSPL. 

  

	 	(iv)	 Spares Provisioning Conference. A provisioning conference will be conducted, normally at Boeing’s facilities where technical data and
personnel are available. 

 4. Technical Data and Documents. 

4.1 Flight Operations. 

Airplane Flight Manual 

Operations Manual and Checklist 

Planning and Performance Manual 

Weight and Balance Manual 

Dispatch Deviation Procedures Guide 

Flight Crew Training Manual 

Fault Reporting Manual 

Performance Engineer’s Manual 

Jet Transport Performance Methods 

FMC Supplemental Data Document 

Operational Performance Software 

Baggage/Cargo Loading Manual 

ETOPS Guide Vol. III 

Flight Planning and Performance Manual 

4.2 Maintenance. 

Maintenance Manual 

Wiring Diagram Manual 

Systems Schematics Manual 

Structural Repair Manual 

Component Maintenance Manual 

Standard Overhaul Practices Manual 

Standard Wiring Practices Manual 

Non-Destructive Test Manual 

Service Bulletins and Index 

Corrosion Prevention Manual 

Fault Isolation Manual 

Interior Reconfiguration Document 

Power Plant Buildup Manual (except Rolls Royce) 

Significant Service Item Summary 

All Operators Letters 

Service Letters 

Structural Item Interim Advisory 

  

			
	FED-PA-03712-CS1	 	December 12, 2011
	 	 	Page 4

 BOEING PROPRIETARY

 Combined Index 

Maintenance Tips 

Configuration Data Base Generator User Guide 

Production Management Data Base 

Baggage/Cargo Loading Manual 
 4.3 Maintenance Planning. 
 Maintenance
Planning Data Document 
 Maintenance Task Cards and Index 

Maintenance Inspection Intervals Report 

ETOPS Guide Vol. II 

Configuration Maintenance and Procedures for Extended Range 

Operations 
 4.4 Spares. 
 Illustrated Parts Catalog

 Standards Books 
 4.5 Facilities and Equipment Planning. 

Facilities and Equipment Planning Document 

Special Tool & Ground Handling Equipment Drawings & Index 

Supplementary Tooling Documentation 

Illustrated Tool and Equipment List/Manual 

Aircraft Recovery Document 

Airplane Characteristics for Airport Planning Document 

Airplane Rescue and Fire Fighting Document 

Engine Handling Document 

ETOPS Guide Vol. I 
 4.6 Supplier Technical Data. 
 Service
Bulletins 
 Ground Support Equipment Data 

Provisioning Information 

Component Maintenance Manuals and Index 

Publications Index 

Product Support Supplier Directory 

  

			
	FED-PA-03712-CS1	 	December 12, 2011
	 	 	Page 5

 BOEING PROPRIETARY

 ENGINE ESCALATION, 

ENGINE WARRANTY AND PATENT INDEMNITY 
 between 
 THE BOEING COMPANY 

and 

FEDERAL EXPRESS CORPORATION 
 Supplemental Exhibit EE1 
 to Purchase Agreement Number 3712

  

			
	FED-PA-03712-EE1	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

 ENGINE ESCALATION 

ENGINE WARRANTY AND PATENT INDEMNITY 
 relating to 
 BOEING MODEL 767-3S2F AIRCRAFT 

 

	1.	 ENGINE ESCALATION. 

 (a) The Aircraft Basic Price of each Aircraft set forth in Table 1 of the Purchase Agreement includes an aggregate price for engines and all accessories, equipment and parts provided by General
Electric Aircraft Engines (GE). The adjustment in Engine Price applicable to each Aircraft (Engine Price Adjustment) will be determined at the time of Aircraft delivery in accordance with the following formula: 

 

	 	Pe =	 [(Pb + F) x ( CPI / CPIb )] - Pb 

 where CPIb is
the engine escalation base year index as set forth in Table 1 of the Purchase Agreement. 
 (b) The
following definitions will apply herein: 
  

	 	Pe =	 Engine Price Adjustment 

  

	 	Pb =	 Engine Price (per Aircraft), as set forth in Table 1 of the Purchase Agreement. 

 

	 	F =	 0.005 x (N/12) x Pb where N is the number of calendar months which have elapsed from the Engine Price base year and month up to and including the
month of delivery, both as shown in Table 1 of the Purchase Agreement. 

  

	 	CPI =	 L + ICI (rounded to the nearest hundredth) 

  

	 	L =	 A value determined using the U.S. Department of Labor, Bureau of Labor Statistics “Employment Cost Index Wages and Salaries for Aircraft
Manufacturing (BLS series ID ciu2023211000000i)”, base 100 = December 2005, calculated as a 3-month arithmetic average of the released values (expressed as a decimal and rounded to the nearest tenth) using the values for the 12th, 13th, and
14th months prior to the month of scheduled Aircraft delivery, then multiplied by sixty-five percent (65%) (rounded to the nearest thousandth). 

  

	 	ICI =	 A value determined using the U.S. Department of Labor, Bureau of Labor Statistics “Producer Prices and Price Index - Industrial Commodities
Index (BLS series ID wpu03thru15)”, base 100 = Calendar year 1982, calculated as a 3-month arithmetic average of 

  

			
	FED-PA-03712-EE1	 	December 12, 2011
	 	 	Page 2

 BOEING PROPRIETARY

 the released monthly values (expressed as a decimal and rounded to the
nearest hundredth) using the values for the 12th, 13th and 14th months prior to the month of scheduled Aircraft delivery, then multiplied by thirty-five percent (35%) (rounded to the nearest thousandth). 

The Engine Price Adjustment will not be made if it would result in a decrease in the Engine Price. 

(c) The values of the Employment Cost Index Wages & Salaries and Producer Prices and Price Index—Industrial
Commodities Index used will be those published as of a date thirty (30) days prior to the first day of the scheduled Aircraft delivery month to Customer. As the Employment Cost Index values are only released on a quarterly basis, the value
released for the first quarter will be used for the months of January, February and March; the value released for the second quarter will be used for the months of April, May and June; the value released for the third quarter will be used for the
months of July, August and September; the value released for the fourth quarter will be used for the months of October, November and December. Such values will be considered final and no Engine Price Adjustment will be made after Aircraft delivery
for any subsequent changes in published index values. If no values have been released for an applicable month, the provisions set forth in paragraph 1(e), below, will apply. If prior to delivery of an Aircraft, the U.S. Department of Labor,
Bureau of Labor Statistics changes the base year for determination of the L or ICI values as defined above, such rebase values will be incorporated in the Engine Price Adjustment calculation. 

(d) If at the time of delivery of an Aircraft, Boeing is unable to determine the Engine Price Adjustment because the
applicable values to be used to determine L and ICI have not been released by the U.S. Department of Labor, Bureau of Labor Statistics; then, in the event the Engine Price escalation provisions are made non-enforceable or otherwise rendered null and
void by any agency of the United States Government, GE agrees to meet jointly with Boeing and Customer (to the extent such parties may lawfully do so) to adjust equitably the Aircraft Basic Price of any affected Aircraft to reflect an allowance for
increase or decrease in labor compensation and material costs occurring since February of the base price year which is consistent with the application provisions of this Supplemental Exhibit EE1. 

(e) If prior to delivery of an Aircraft, the U.S. Department of Labor, Bureau of Labor Statistics substantially
revises the methodology used for the determination of the values to be used to determine the L and ICI values (in contrast to benchmark adjustments or other corrections of previously released values), Customer, Boeing and GE will, prior to delivery
of such Aircraft, select a substitute for such values from data published by the U.S. Department of Labor, Bureau of Labor Statistics or other similar data reported by non-governmental United States organizations, such substitute to lead in
application to the same adjustment result insofar as possible, as would have been achieved by continuing the use of the original values as they may have fluctuated during the applicable time period. Appropriate revisions of the formula will be made
as required to reflect any substitute values. However, if within twenty-four (24) months from delivery of the Aircraft, the U.S. Department of Labor, Bureau of Labor Statistics 

  

			
	FED-PA-03712-EE1	 	December 12, 2011
	 	 	Page 3

 BOEING PROPRIETARY

 should resume releasing values for the months needed to determine the Engine Price
Adjustment, such values will be used to determine the increase or decrease in the Engine Price Adjustment determined at the time of delivery of such Aircraft. 
 NOTE: 
 The factor (CPI divided by the base year index) by which
the Engine Price is to be multiplied will be expressed as a decimal and rounded to the nearest thousandth. Any rounding of a number, as required under this Supplemental Exhibit EE1 with respect to escalation of the Engine Price, will be
accomplished as follows: if the first digit of the portion to be dropped from the number to be rounded is five or greater, the preceding digit will be raised to the next higher number. 

 

	2.	 ENGINE WARRANTY AND PRODUCT SUPPORT PLAN. 

Boeing has obtained from GE the right to extend to Customer the provisions of GE’s warranty and product support plan
(Warranty and Product Support Plan); subject, however, to Customer’s acceptance of the conditions set forth herein and in such Warranty and Product Support Plan. Accordingly, Boeing hereby extends to Customer and Customer hereby accepts
the provisions of GE’s Warranty and Product Support Plan, and such Warranty and Product Support Plan shall apply to all CF6 turbofan engines including all Modules and Parts thereof, as these terms are defined in the Warranty and Product Support
Plan, (Engines) installed in the Aircraft at the time of delivery or purchased from Boeing by Customer for support of the Aircraft except that, if Customer and GE have executed a general terms agreement (Engine GTA), then the terms of
the Engine GTA shall be substituted for and supersede the below-stated provisions and such provisions shall be of no force or effect and neither Boeing nor GE shall have any obligation arising therefrom. In consideration for Boeing’s extension
of the GE Warranty and Product Support Plan to Customer, Customer hereby releases and discharges Boeing from any and all claims, obligations and liabilities whatsoever arising out of the purchase or use of the Engines and Customer hereby waives
releases and renounces all its rights in all such claims, obligations and liabilities. [ * ]. 
 The Warranty
and Product Support Plan is set forth in Exhibit C to the applicable purchase contract between GE and Boeing. Copies of the Warranty and Product Support Plan shall be provided to Customer by Boeing upon request. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	FED-PA-03712-EE1	 	December 12, 2011
	 	 	Page 4

 BOEING PROPRIETARY

 SERVICE LIFE POLICY COMPONENTS 

between 

THE BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 

Supplemental Exhibit SLP1 
 to Purchase Agreement Number 3712 

  

			
	FED-PA-03712-SLP1	 	December 12, 2011
	 	 	Page 1

 BOEING PROPRIETARY

 SERVICE LIFE POLICY COMPONENTS 

relating to 
 BOEING MODEL 767-3S2F AIRCRAFT 
 This is the listing
of SLP Components for the Aircraft which relate to Part 3, Boeing Service Life Policy of Exhibit C, Product Assurance Document to the AGTA and is a part of Purchase Agreement No. 3712. 

 

	1.	 Wing. 

  

	 	(i)	 Upper and lower wing skins and stiffeners between the forward and rear wing spars. 

 

	 	(ii)	 Wing spar webs, chords and stiffeners. 

  

	 	(iii)	 Inspar wing ribs 

  

	 	(iv)	 Inspar splice plates and fittings. 

  

	 	(v)	 Main landing gear support structure. 

  

	 	(vi)	 Wing center section lower beams, spanwise beams and floor beams, but not the seat tracks attached to floor beams. 

 

	 	(vii)	 Wing-to-body structural attachments. 

  

	 	(viii)	 Engine strut support fittings attached directly to wing primary structure. 

 

	 	(ix)	 Support structure in the wing for spoilers and spoiler actuators; for aileron hinges and reaction links; and for leading edge devices and trailing
edge flaps. 

  

	 	(x)	 Leading edge device and trailing edge flap support system. 

 

	 	(xi)	 Aileron leading edge device and trailing edge flap internal, fixed attachment and actuator support structure. 

 

	2.	 Body. 

  

	 	(i)	 External surface skins and doublers, longitudinal stiffeners, longerons and circumferential rings and frames between the forward pressure bulkhead
and the vertical stabilizer rear spar bulkhead and structural support and enclosure for the APU but excluding all system components and related installation and connecting devices, insulation, lining, and decorative panels and related installation
and connecting devices. 

  

	 	(ii)	 Window and windshield structure but excluding the windows and windshields. 

  

			
	FED-PA-03712-SLP1	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

	 	(iii)	 Fixed attachment structure of the passenger doors, cargo doors and emergency exits, excluding door mechanisms and movable hinge components. Sills
and frames around the body openings for the passenger doors, cargo doors and emergency exits, excluding scuff plates and pressure seals. 

  

	 	(iv)	 Nose wheel well structure, including the wheel well walls, pressure deck, forward and aft bulkheads, and gear support structure.

  

	 	(v)	 Main gear wheel well structure including pressure deck, bulkheads and landing gear beam support structure. 

 

	 	(vi)	 Floor beams and support posts in the control cab and passenger cabin area, but excluding seat tracks. 

 

	 	(vii)	 Forward and aft pressure bulkheads. 

  

	 	(viii)	 Keel structure between the wing front spar bulkhead and the main gear wheel well aft bulkhead, including splices. 

 

	 	(ix)	 Wing front and rear spar support bulkheads, and vertical and horizontal stabilizer front and rear spar support bulkheads including terminal fittings
but excluding all system components and related installation and connecting devices, insulation, lining, and decorative panels and related installation and connecting devices. 

 

	 	(x)	 Support structure in the body for the stabilizer pivot and stabilizer screw. 

 

	3.	 Vertical Stabilizer. 

  

	 	(i)	 External skins between front and rear spars including splices. 

 

	 	(ii)	 Front, rear and auxiliary spar chords, webs and stiffeners and attachment fittings between vertical stabilizer and body.

  

	 	(iii)	 Inspar ribs. 

  

	 	(iv)	 Rudder hinges and supporting ribs, excluding bearings. 

 

	 	(v)	 Support structure in the vertical stabilizer for rudder hinges, reaction links and actuators. 

 

	 	(vi)	 Rudder internal, fixed attachment and actuator support structure. 

 

	4.	 Horizontal Stabilizer. 

  

	 	(i)	 External skins between front and rear spars. 

  

			
	FED-PA-03712-SLP1	 	December 12, 2011
	 	 	Page 3

 BOEING PROPRIETARY

	 	(ii)	 Front, rear and auxiliary spar chords, webs and stiffeners. 

 

	 	(iii)	 Inspar ribs. 

  

	 	(iv)	 Stabilizer center section and fittings splicing to outboard stabilizer including pivot and screw support structure. 

 

	 	(v)	 Support structure in the horizontal stabilizer for the elevator hinges, reaction links and actuators. 

 

	 	(vi)	 Elevator internal, fixed attachment and actuator support structure. 

 

	5.	 Engine Strut. 

  

	 	(i)	 Strut external surface skin and doublers and stiffeners. 

 

	 	(ii)	 Internal strut chords, frames and bulkheads. 

  

	 	(iii)	 Strut to wing fittings and diagonal brace. 

  

	 	(iv)	 Engine mount support fittings attached directly to strut structure. 

 

	 	(v)	 For Aircraft equipped with General Electric or Pratt & Whitney engines only, the engine-mounted support fittings.

  

	6.	 Main Landing Gear. 

  

	 	(i)	 Outer cylinder. 

  

	 	(ii)	 Inner cylinder. 

  

	 	(iii)	 Upper and lower side strut, including spindles and universals. 

 

	 	(iv)	 Upper and lower drag strut, including spindles and universals. 

 

	 	(v)	 Orifice support tube. 

  

	 	(vi)	 Downlock links including spindles and universals 

  

	 	(vii)	 Torsion links. 

  

	 	(viii)	 Bogie beam. 

  

	 	(ix)	 Axles. 

  

	7.	 Nose Landing Gear. 

  

	 	(i)	 Outer cylinder. 

  

	 	(ii)	 Inner cylinder, including axles. 

  

	 	(iii)	 Orifice support tube. 

  

	 	(iv)	 Upper and lower drag strut, including lock links. 

  

			
	FED-PA-03712-SLP1	 	December 12, 2011
	 	 	Page 4

 BOEING PROPRIETARY

	 	(v)	 Steering plates and steering collar. 

  

	 	(vi)	 Torsion links. 

  

	 	(vii)	 Actuator support beam and hanger. 

 NOTE: The Service Life Policy does not cover any bearings, bolts, bushings, clamps, brackets, actuating mechanisms or latching mechanisms used in or on the SLP Components. 

  

			
	FED-PA-03712-SLP1	 	December 12, 2011
	 	 	Page 5

 BOEING PROPRIETARY

			
	

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

 

 FED-PA-03712-LA-1106151 

Federal Express Corporation 
 3610 Hacks Cross 
 Memphis, TN 38125 

 

			
		
	 Subject:
	  	 Special Matters Concerning [ * ] – Option Aircraft and Certain Purchase Right Aircraft

		
	 Reference:
	  	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F option aircraft (Option Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. The terms provided in this Letter Agreement will be applicable to exercised Option Aircraft, as identified in the Table 1-B
of the Purchase Agreement (Exercised Option Aircraft) and Purchase Right Aircraft that are exercised and scheduled for delivery to Customer during the delivery period from [ * ] through [ * ] (Applicable Purchase Right Aircraft).

 1. [ * ] 
 2. [ * ] 

3. Effect on Advance Payments. 
 The amount and timing of advance payments Customer is required to pay to Boeing pursuant to the Purchase Agreement shall be unaffected by any terms set forth in this Letter Agreement. 

4. Aircraft Applicability. 
 Unless otherwise stated, the terms of this Letter Agreement shall only apply to the Exercised Option Aircraft and Applicable Purchase Right Aircraft. 

5. Applicability to Other Financial Consideration. 
 The escalation adjustment for any other sum identified in the Purchase Agreement as subject to escalation pursuant to Supplemental Exhibit AE1, and which pertains to an Exercised Option Aircraft and
Applicable Purchase Right Aircraft, shall be calculated using the escalation methodology established in this Letter Agreement notwithstanding any other provisions of the Purchase Agreement to the contrary. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106151
 [ *
]
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

	 	 

  

 6. Confidential Treatment. 

Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as
confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer
with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and
conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106151
 [ *
]
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

			
	

	 	 

  

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
	
	Date: December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

	Its	 	Vice President

  
  
 Attachments A, B and C 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106151
 [ *
]
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

			
	 	 	 

  

 Attachment A to Letter Agreement FED-PA-03712-LA-1106151 

[ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106151

Attachment A
	 	December 12, 2011

 BOEING
PROPRIETARY 

			
	 	 	 

  

 Attachment B to Letter Agreement FED-PA-03712-LA-1106151 

[ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106151

Attachment B
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

			
	 	 	 

  

 Attachment C to Letter Agreement FED-PA-03712-LA-1106151 

[ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106151

Attachment C
	 	December 12, 2011

 BOEING
PROPRIETARY 

			
	

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

 

 FED-PA-03712-LA-1106152 
 Federal Express Corporation 
 3610 Hacks Cross 

Memphis, TN 38125 
  

	

			
		
	 Subject:
	  	 Special Matters Concerning [ * ] – Firm Aircraft

		
	 Reference:
	  	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F aircraft (Aircraft)

	

  

	

 This letter agreement (Letter Agreement) amends and
supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 1. [ * ] 
 2. [ * ] 
 3. Effect on Advance Payments. 
 The amount and timing of
advance payments Customer is required to pay to Boeing pursuant to the Purchase Agreement shall be unaffected by any terms set forth in this Letter Agreement. 
 4. Aircraft Applicability. 
 Unless otherwise stated, the
terms of this Letter Agreement shall only apply to the firm Aircraft set forth in Table 1-A of the Purchase Agreement as of the execution date of this Letter Agreement. 
 5. Applicability to Other Financial Consideration. 
 The
escalation adjustment for any other sum identified in the Purchase Agreement as subject to escalation pursuant to Supplemental Exhibit AE1, and which pertains to an Aircraft set forth in Table 1-A as of the date of this Letter Agreement,
shall be calculated using the escalation methodology established in this Letter Agreement notwithstanding any other provisions of the Purchase Agreement to the contrary. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106152
 [ *
]
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

	 	 

  

 6. Confidential Treatment. 

Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as
confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer
with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and
conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 

 

			
	Very truly yours,
	
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
	
	Date: December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

	Its	 	Vice President

 Attachments A and B 

  

			
	FED-PA-03712-LA-1106152	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	 	 	 

  

 Attachment A to Letter Agreement FED-PA-03712-LA-1106152 

[ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106152

Attachment A
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	 	 	 

  

 Attachment B to Letter Agreement FED-PA-03712-LA-1106152 

[ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106152

Attachment B
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

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

 

 FED-PA-03712-LA-1106153 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis TN 38125 
  

	

			
		
	 Subject:
	  	 Liquidated Damages – Non-Excusable Delay

		
	 Reference:
	  	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 Definition
of Terms: 
 Non-Excusable Delay: Delay in delivery of any Aircraft beyond the last day of the
delivery month (Scheduled Delivery) established in the Purchase Agreement by any cause that is not an Excusable Delay pursuant to Article 7 of the AGTA and for which Customer is otherwise entitled to a remedy from Boeing pursuant to
applicable law. 
 1. Liquidated Damages. 
 Boeing agrees to pay Customer liquidated damages for each day of Non-Excusable Delay in excess of [ * ] (collectively the Non-Excusable Delay Payment Period) at a rate of [ * ] per day per Aircraft
not to exceed an aggregate sum of [ * ] per Aircraft (Liquidated Damages). 
 2. Interest. 

In addition to the Liquidated Damages in paragraph 1, for each day of Non-Excusable Delay commencing [ * ] after the
Scheduled Delivery, Boeing will pay Customer interest calculated as follows (Interest): 
 [ * ].

 3. Escalation Adjustment. 
 The Escalation Adjustment as defined in AGTA Article 2.1.5, as amended, will be based on the scheduled delivery month as set forth in Table 1. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106153

Liquidated Damages Non-Excusable Delay
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

	 	 

  

 4. Right of Termination. 

Customer will not have the right to refuse to accept delivery of any Aircraft because of a Non-Excusable Delay unless
(i) the actual aggregate duration of the Non-Excusable Delay for such Aircraft exceeds [ * ] (Non-Excusable Delay Period) or (ii) if Boeing provides notice that it expects the aggregate duration of the Non-Excusable Delay for such
Aircraft to exceed [ * ], in which case Customer may terminate the Purchase Agreement as to such Aircraft by written or telegraphic notice given to the other. For clarification, nothing in this paragraph 4 will affect the parties rights and
obligations contained in section 7.5, Aircraft Damaged Beyond Repair, in the AGTA. 
 5. Termination. 

If the Purchase Agreement is terminated with respect to any Aircraft for a Non-Excusable Delay, Boeing will, in addition
to paying Liquidated Damages and Interest as described above, promptly repay to Customer the entire principal amount of the advance payments including deposits received by Boeing for such Aircraft. 

6. Exclusive Remedies. 
 The Liquidated Damages and Interest payable in accordance with paragraphs 1 and 2 of this Letter Agreement, and Customer’s right to terminate pursuant to this Letter Agreement are
Customer’s exclusive remedies for a Non-Excusable Delay and are in lieu of all other damages, claims, and remedies of Customer arising at law or otherwise for any Non-Excusable Delay in the Aircraft delivery. Customer hereby waives and
renounces all other claims and remedies arising at law or otherwise for any such Non-Excusable Delay. 
 7. Confidential Treatment.

 Customer understands that Boeing considers certain commercial and financial information contained in this
Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to
employees of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter
Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as
required by law. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106153

Liquidated Damages Non-Excusable Delay
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

			
	

	 	 

  

			
	Very truly yours,
	
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
	
	Date: December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

	Its	 	Vice President

  

			
	 FED-PA-03712-LA-1106153

Liquidated Damages Non-Excusable Delay
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

			September 30,		September 30,
	 

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

 

 FED-PA-03712-LA-1106154 
 Federal Express Corporation 
 3610 Hacks Cross 

Memphis TN 38125 
  

			
		
	Subject:	  	Firm Aircraft Delivery Matters
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. The information provided in this Letter Agreement will be applicable to the Aircraft identified in Table 1-A of the Purchase
Agreement only (Firm Aircraft). 
 1. Firm Aircraft Scheduled to Deliver by [ * ]. Notwithstanding Firm Aircraft
delivery dates as provided in Table 1-A that reflect deliveries [ * ] or earlier, Boeing reserves the right to [ * ]. 
 2.
Firm Aircraft Scheduled to Deliver after [ * ]. Notwithstanding Firm Aircraft delivery dates as provided in Table 1-A that reflect deliveries after [ * ], Boeing reserves the right to [ * ]. 

3. Customer Delivery Constraints. Notwithstanding Articles 1 and 2 of this Letter Agreement, Boeing will not [ * ]. 

4. Confidential Treatment. 
 Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter
Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its
content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board
of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106154
	 	 December 12, 2011
 Page 1

	 Firm Aircraft Delivery Matters
	 	 

 BOEING PROPRIETARY 

			September 30,		September 30,
	 

	    	 	    	 

  

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

	Its	 	Vice President

  

			
	 FED-PA-03712-LA-1106154
	 	 December 12, 2011
 Page 2

	 Firm Aircraft Delivery Matters
	 	 

 BOEING PROPRIETARY 

			September 30,		September 30,
	 

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

 

 FED-PA-03712-LA-1106155 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

			
		
	Subject:	  	Open Configuration Matters
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 1. Aircraft
Configuration. 
 1.1 Initial Configuration. The initial configuration of Customer’s Model
767-3S2F Aircraft has been defined by the Boeing configuration specification 767-300 Freighter D019T002 Rev. K dated April 30, 2011, as described in Article 1 and Exhibit A of the Purchase Agreement. Final configuration of the
Aircraft will be completed as described in this Letter Agreement. 
 1.2 Final Configuration Schedule.
Customer and Boeing hereby agree to complete the configuration of the Aircraft using the then-current Boeing configuration documentation (Final Configuration) in accordance with the following schedule: 

[ * ] 
 1.3 Additional Optional Feature Packages. Customer and Boeing will hold ongoing discussions to discuss additional optional features packages between the definitive agreement date of the Purchase
Agreement and implementation of the [ * ] Aircraft. Additional offerability constraints, if any, will be communicated to Customer at the time additional optional feature packages are sent to Customer. Customer will have thirty (30) days, or as
may be modified by mutual agreement, to accept or reject the optional features proposed in the additional optional features packages. 
 1.4 Change Request Pricing. Boeing agrees to use its standard pricing policy and procedures to price any of Customer’s unique optional features. 

2. Amendment of the Purchase Agreement. Customer and Boeing will execute a written amendment to the Purchase Agreement on or
before [ * ] which will reflect the following: 
 2.1 Changes applicable to the basic Model 767-300F
aircraft which are developed by Boeing between the date of signing of the Purchase Agreement and date of Final Configuration; 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

FED-PA-03712-LA-1106155 
 BOEING PROPRIETARY 
  

			September 30,		September 30,
	 

	    	 	    	 

  

 2.2 Incorporation into Exhibit A of the Purchase Agreement, by
written amendment, those optional features which have been agreed to by Customer and Boeing pursuant to Article 1.2 above (Customer Configuration Changes); 

2.3 Revisions to the Performance Guarantees to reflect the effects, if any, on Aircraft performance resulting from the
incorporation of the Customer Configuration Changes; 
 2.4 Changes to the Optional Features Prices, Aircraft
Basic Price and Advance Payment Base Price of the Aircraft to adjust for the difference, if any, between the prices estimated in [ * ] of the Purchase Agreement for optional features reflected in the Aircraft Basic Price and the actual prices of the
optional features reflected in the Customer Configuration Changes; and 
 2.5 Changes to the Advance Payment
Base Price of the Aircraft to adjust for the difference between the estimated amount included in [ * ] of the Purchase Agreement for Seller Purchased Equipment (SPE) and the price of the SPE reflected in the Customer Configuration Changes.

 2.6 [ * ] 
 3. Other Letter Agreements. 
 Boeing and Customer acknowledge that as the
definition of the Aircraft progresses, there may be a need to execute letter agreements addressing one or more of the following subjects: 
 3.1 Seller Purchased Equipment (SPE) and/or Buyer Furnished Equipment (BFE). Provisions relating to the terms under which Boeing may offer or install SPE and/or BFE in the Aircraft.

 4. Confidential Treatment. Customer understands that Boeing considers certain commercial and financial information
contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this
Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose
this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect
hereto, and as required by law. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

FED-PA-03712-LA-1106155 
 BOEING PROPRIETARY 
  

			September 30,		September 30,
	 

	    	 	    	 

  

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

	Its	 	Vice President

 Attachments – Package A, Package B, Package C, Package D, Package E, Package F and Attachment A 

  

FED-PA-03712-LA-1106155 
 BOEING PROPRIETARY 
  

 Attachment A 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

 Package A 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 	 	Page 1 

 BOEING
PROPRIETARY 
  

 Package B 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 	 	Page 1

 BOEING PROPRIETARY

  

 Package C 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 	 	Page 1

 BOEING PROPRIETARY

  

 Package D 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 	 	Page 1

 BOEING PROPRIETARY

  

 Package E 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed with the Securities and Exchange Commission pursuant to Rule 24b-2 under the
Securities Exchange Act of 1934, as amended. 

  

			
	 	 	Page 1

 BOEING PROPRIETARY

  

 Package F 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed with the Securities and Exchange Commission pursuant to Rule 24b-2 under the
Securities Exchange Act of 1934, as amended. 

  

			
	 	 	 

 BOEING PROPRIETARY 

			
	

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

 

 FED-PA-03712-LA-1106156 
 Federal Express Corporation 
 3610 Hacks Cross 

Memphis TN 38125 
  

			
		
	Subject:	  	Option Aircraft
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 1. Right to
Purchase Option Aircraft. 
 Subject to the terms and conditions contained in this Letter Agreement, in
addition to the Aircraft described in Table 1-A to the Purchase Agreement as of the date of execution of this Letter Agreement, Customer will have the option to purchase additional Model 767-3S2F aircraft as option aircraft (Option
Aircraft). 
 2. Delivery. 
 The number of Option Aircraft and delivery months are listed in the Attachment to this Letter Agreement. 
 3. Configuration. 
 The configuration for the Option
Aircraft will be the Detail Specification for model 767-3S2F aircraft at the revision level in effect at the time of Supplemental Agreement. Such Detail Specification will be revised to include (i) changes required to obtain required regulatory
certificates and (ii) other changes as mutually agreed upon by Customer and Boeing. 
 4. Price. 

4.1 The Airframe Price, Engine Price, Optional Features Prices, and Aircraft Basic Price for each of the Option Aircraft
[ * ] will be subject to escalation to the scheduled delivery date of the Option Aircraft. 
 4.2 Subject to the
provisions of Letter Agreement FED-PA-03712-LA-1106151 titled Special Matters Concerning [ * ] – Option Aircraft and Certain Purchase Right Aircraft, the Airframe Price, Engine Price, Optional Features Prices, and Aircraft Basic Price for each
of the Option Aircraft will be adjusted for escalation in accordance with the Purchase Agreement. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106156

Option Aircraft
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

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

 

 4.3 The Advance Payment Base Price for each exercised Option Aircraft
shall be developed in accordance with the terms of the Purchase Agreement and determined at the time of Supplemental Agreement. 
 5.
Payment. 
 5.1 Customer will pay an option deposit to Boeing in the amount of [ * ] per Option Aircraft
(Option Deposit), on the date of execution of this Letter Agreement. If Customer exercises an option, the Option Deposit will be credited against the first advance payment due. [ * ]. 

5.2 At Supplemental Agreement for the Option Aircraft, advance payments will be payable as specified in the Purchase
Agreement. The remainder of the Aircraft Price for the Option Aircraft will be paid at the time of delivery. 
 6. Option Exercise.

 6.1 Customer may exercise an option by giving written notice to Boeing on or before the date [ * ] prior to
the first day of the delivery month listed in the Attachment to this Letter Agreement (Option Exercise Date). In the first instance in which Customer will not exercise an Option Aircraft (Trigger Aircraft), Customer will notify Boeing
on or prior to the Trigger Aircraft’s Option Exercise Date, which notice will include an election by Customer to either [ * ]. 
 6.2 Following the Adjusted Block referenced in the preceding paragraph, [ * ]. 
 6.3 [ * ] 
 6.4 [ * ] 

6.5 [ * ] 
 6.6 [ * ] 
 6.7 The parties agree that Option Aircraft, once
exercised, will be added to Table 1–B of the Purchase Agreement. 
 7. [ * ] 
 8. [ * ] 
 9. Supplemental Agreement. 

Following Customer’s exercise of an option the parties will sign a supplemental agreement for the purchase of such
Option Aircraft (Supplemental Agreement). The Supplemental Agreement will include the provisions of the Purchase Agreement as modified to reflect the provisions of this Letter Agreement. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106156

Option Aircraft
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 10. Confidential Treatment. 

Customer understands that Boeing considers certain commercial and financial information contained in this Letter
Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees
of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the
terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law.

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

		
	Its	 	 Attorney-In-Fact

	
	ACCEPTED AND AGREED TO this
		
	Date:	 	 December 14, 2011

	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

		
	Its	 	 Vice President

 Attachment 

  

			
	 FED-PA-03712-LA-1106156

Option Aircraft
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

 Attachment to 
 Letter Agreement No. FED-PA-03712-LA-1106156 
 Aircraft Delivery,
Description, Price and Advance Payments 
  

																	
	 Airframe Model/MTOW:
	 	767-300F	 	 	408000 pounds	  	 	 Detail Specification: D019T002-K dated April 30, 2011

	 	
	 Engine Model/Thrust:
	 	CF6-80C2B6F	 	 	60200 pounds	  	 	 Airframe Price Base Year/Escalation Formula:
	 	 	[ * ]        	  	 	ECI-MFG/CPI	 	
	 Airframe Price:
	 		 	 	[ * ]	  	 	 Engine Price Base Year/Escalation Formula:
	 	 	[ * ]	  	 	GE CF6-80 & GE90 (99 rev.)	 	
	 Optional Features:
	 		 	 	[ * ]	  	 		 				 		 	
		 		 	  
	  
	 	 		 				 		 	
	 Sub-Total of Airframe and Features:
	 		 	 	[ * ]	  	 	 Airframe Escalation Data:
	 				 		 	
	 Engine Price (Per Aircraft):
	 		 	 	[ * ]	  	 	 Base Year Index (ECI):
	 	 	[ * ]	  	 		 	
	 Aircraft Basic Price (Excluding BFE/SPE):
	 		 	 	[ * ]	  	 	 Base Year Index (CPI):
	 	 	[ * ]	  	 		 	
		 		 	  
	  
	 	 		 				 		 	
	 Buyer Furnished Equipment (BFE) Estimate:
	 		 	 	[ * ]	  	 	 Engine Escalation Data:
	 				 		 	
	 Seller Purchased Equipment (SPE) Estimate:
	 		 	 	[ * ]	  	 	 Base Year Index (CPI):
	 	 	[ * ]	  	 		 	
							
	 Deposit per Aircraft:
	 		 	 	[ * ]	  	 		 				 		 	

  

			September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,
	 	 	 	 	Escalation	 	Escalation	 	 Escalation
 Estimate
	 	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to 
Delivery):
	Delivery	 	Number of	 	Factor	 	Factor	 	Adv Payment Base	 	At Signing	 	24 Mos.	 	21/18/12/9/6 Mos.	 	Total
	 Date
	 	Aircraft	 	(Airframe)	 	(Engine)	 	Price Per A/P	 	1%	 	4%	 	5%	 	30%
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-0371257361-IF.TXT
	 	Page 1

 BOEING PROPRIETARY

			September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,		September 30,
	 	 	 	 	Escalation	 	Escalation	 	 Escalation
 Estimate
	 	Advance Payment Per Aircraft (Amts. Due/Mos. Prior to 
Delivery):
	Delivery	 	Number of	 	Factor	 	Factor	 	Adv Payment Base	 	At Signing	 	24 Mos.	 	21/18/12/9/6 Mos.	 	Total
	Date	 	Aircraft	 	(Airframe)	 	(Engine)	 	Price Per A/P	 	1%	 	4%	 	5%	 	30%
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 [ * ]
	 	1	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]	 	[ * ]
	 Total:
	 	30	 		 		 		 		 		 		 	

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	FED-PA-0371257361-IF.TXT	 	Page 2

 BOEING PROPRIETARY

  

			
	

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

 

 FED-PA-03712-LA-1106157 
 Federal Express Corporation 
 3610 Hacks Cross 

Memphis, TN 38125 
  

			
		
	Subject:	  	Aircraft General Terms Agreement – Amended Terms
		
	References:	  	1. Aircraft General Terms Agreement No. AGTA-FED between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
		
		  	 2. Letter Agreement 6-1162-RCN-1795 entitled Aircraft General Terms Agreement – Amended Terms.

 This letter agreement (Letter Agreement) amends and supplements the AGTA-FED, as
previously amended by the Amended Terms (AGTA). All terms used but not defined in this Letter Agreement shall have the same meaning as in the AGTA. 
 1. [ * ] 
 2. Confidential Treatment. 

Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as
confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer
with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and
conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106157

AGTA Amended Terms
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

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

 

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	/s/ STUART C. ROSS
		
	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	/s/ PHILLIP C. BLUM
		
	Its	 	Vice President

  

			
	 FED-PA-03712-LA-1106157

AGTA Amended Terms
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106158 
 Federal Express Corporation 
 3610 Hacks Cross 

Memphis TN 38125 
  

			
		
	Subject:	  	Right to Purchase Additional Aircraft
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 1. Right to
Purchase Incremental Aircraft. 
 Subject to the terms and conditions contained herein, in addition to the
Aircraft described in Table 1-A to the Purchase Agreement as of the date of execution of this Letter Agreement, Customer will have the right to purchase (Purchase Right) [ * ] additional Boeing Model 767-3S2F aircraft as purchase
right aircraft (Purchase Right Aircraft). 
 2. Delivery. 

The Purchase Right Aircraft delivery positions are [ * ]. 
 3. Configuration. 
 The configuration for the Purchase
Right Aircraft will be the Detail Specification for Model 767-3S2F aircraft at the revision level in effect at the time of the Supplemental Agreement. Such Detail Specification will be revised to include (i) changes required to obtain
required regulatory certificates and (ii) other changes as mutually agreed upon by Boeing and Customer. 
 4. Price. 

4.1 The Airframe Price, Engine Price, Optional Features Prices, and Aircraft Basic Price for the Purchase Right Aircraft
shall [ * ] and such prices will be subject to escalation to the scheduled delivery date of the Purchase Right Aircraft. 
 4.2 Subject to the provisions of Letter Agreement FED-PA-03712-LA-1106151 titled Special Matters Concerning [ * ] – Option Aircraft and Certain Purchase Right Aircraft, the Airframe Price, Engine
Price, Optional Features Prices, and Aircraft Basic Price for each of the Purchase Right Aircraft will be adjusted for escalation in accordance with the Purchase Agreement. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106158

Purchase Right Aircraft
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

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

 

 4.3 The Advance Payment Base Price for each exercised Purchase Right
Aircraft shall be developed in accordance with the terms of the Purchase Agreement and determined at the time of Supplemental Agreement. 
 5.
Payment. 
 At Supplemental Agreement for the Purchase Right Aircraft, advance payments will be payable
as specified in the Purchase Agreement. The remainder of the Aircraft Price for the Purchase Right Aircraft will be paid at the time of delivery. 
 6. Notice of Exercise and Payment of Deposit. 
 6.1
Customer may exercise a Purchase Right by giving written notice (Notice of Exercise) to Boeing. All Purchase Right aircraft must be exercised for delivery no later than [ * ]. Such Notice of Exercise shall be accompanied by payment, by
electronic transfer to the account specified below, in accordance with the Purchase Agreement. Such amount will be the initial advance payment due at execution of the Supplemental Agreement. 

[ * ] 
 6.2 The parties agree that Purchase Right Aircraft, once exercised, will be added to Table 1-C of the Purchase Agreement. 
 7. Supplemental Agreement. 
 Following Customer’s
exercise of a Purchase Right in accordance with the terms and conditions stated herein [ * ], the parties will sign a supplemental agreement for the purchase of such Purchase Right Aircraft (Supplemental Agreement) within thirty (30)
calendar days of such exercise (Purchase Right Exercise). The Supplemental Agreement will include the provisions then contained in the Purchase Agreement as modified to reflect the provisions of this Letter Agreement and any additional
mutually agreed terms and conditions. 
 8. [ * ] 
 9. General Expiration of Rights. 
 Each Purchase Right
shall expire at the time of execution of the Supplemental Agreement for the applicable Purchase Right Aircraft, or, if no such Supplemental Agreement is executed, on or before [ * ]. 
 10. Confidential Treatment. 
 Customer understands that
Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential.
Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written
consent of 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106158

Purchase Right Aircraft
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and
the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by
law. 
 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	/s/ STUART C. ROSS
		
	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	/s/ PHILLIP C. BLUM
		
	Its	 	Vice President

  

			
	 FED-PA-03712-LA-1106158

Purchase Right Aircraft
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

			
	

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

 

 FED-PA-03712-LA-1106159 
 Federal Express Corporation 
 3610 Hacks Cross 

Memphis TN 38125 
  

			
		
	Subject:	  	Special Matters Concerning [ * ]
		
	References:	  	 1. Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express
Corporation (Customer) relating to Model 767-3S2F aircraft (Aircraft); and
 2. 777F Purchase Agreement
No. 3157 (777 PA)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 1. [ * ]

 2. Confidential Treatment. Customer understands that Boeing considers certain commercial and financial information
contained in this Agreement as confidential. Customer and Boeing agree that it will treat this Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Agreement to employees of
Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Agreement and the terms and
conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent company, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106159

Special Matters Concerning [ * ]
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

			
	

	 	 

  

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	/s/ STUART C. ROSS
		
	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	/s/ PHILLIP C. BLUM
		
	Its	 	Vice President

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106159

Special Matters Concerning [ * ]
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106160 

Federal Express Corporation 
 3610 Hacks Cross 
 Memphis TN 38125 

 

			
		
	Subject:	  	 Spare Parts Initial Provisioning

		
	Reference:	  	 a) Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F aircraft (Aircraft);

		
		  	 b) Customer Services General Terms Agreement No. S2-2 (CSGTA) between Boeing and Customer.

 This letter agreement (Letter Agreement) is entered into on the date below and
amends and supplements the CSGTA. All capitalized terms used but not defined in this Letter Agreement have the same meaning as in the CSGTA, except for “Aircraft” which will have the meaning as defined in the Purchase Agreement.

 In order to define the process by which Boeing and Customer will i) identify those Spare Parts and
Standards critical to Customer’s successful introduction of the Aircraft into service and its continued operation, ii) place Orders under the provisions of the CSGTA as supplemented by the provisions of this Letter Agreement for those
Spare Parts and Standards, and iii) manage the return of certain of those Spare Parts which Customer does not use, the parties agree as follows. 
 1. Definitions. 
 1.1 Provisioning Data means the
documentation provided by Boeing to Customer, including but not limited to the Recommended Spare Parts List (RSPL), identifying all Boeing initial provisioning requirements for the Aircraft. 

1.2 Provisioning Items means the Spare Parts and Standards identified by Boeing as initial provisioning
requirements in support of the Aircraft, excluding special tools and ground support equipment (GSE), engines and engine parts. 
 1.3 Provisioning Products Guide means the Boeing Manual D6-81834 entitled “Spares Provisioning Products Guide”. 

  

			
	 FED-PA-03712-LA-1106160

Spare Parts Initial Provisioning
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 2. Phased Provisioning. 

2.1 Provisioning Products Guide. Prior to the initial provisioning meeting Boeing will furnish to Customer a copy
of the Provisioning Products Guide. 
 2.2 Initial Provisioning Meeting. On or about twelve (12)
months prior to delivery of the first Aircraft the parties will conduct an initial provisioning meeting where the procedures, schedules, and requirements for training will be established to accomplish phased provisioning of Spare Parts and Standards
for the Aircraft in accordance with the Provisioning Products Guide. If the lead time from execution of the Purchase Agreement until delivery of the first Aircraft is less than twelve (12) months, the initial provisioning meeting will be
established as soon as reasonably possible after execution of the Purchase Agreement. 
 2.3 Provisioning
Data. During the initial provisioning meeting Customer will provide to Boeing the operational parameter information described in Chapter 6 of the Provisioning Products Guide. After review and acceptance by Boeing of such Customer
information, Boeing will prepare the Provisioning Data. Such Provisioning Data will be furnished to Customer on or about ninety (90) days after Boeing finalizes the engineering drawings for the Aircraft. The Provisioning Data will be as
complete as possible and will cover Provisioning Items selected by Boeing for review by Customer for initial provisioning of Spare Parts and Standards for the Aircraft. Boeing will furnish to Customer revisions to the Provisioning Data until
approximately ninety (90) days following delivery of the last Aircraft or until the delivery configuration of each of the Aircraft is reflected in the Provisioning Data, whichever is later. 

2.4 Buyer Furnished Equipment (BFE) Provisioning Data. Unless otherwise advised by Boeing, Customer will
provide or insure its BFE suppliers provide to Boeing the BFE data in scope and format acceptable to Boeing, in accordance with the schedule established during the initial provisioning meeting. 

3. Purchase from Boeing of Spare Parts and Standards as Initial Provisioning for the Aircraft. 

3.1 Schedule. In accordance with schedules established during the initial provisioning meeting, Customer may place
Orders for Provisioning Items and any GSE, special tools or engine spare parts which Customer determines it will initially require for maintenance, overhaul and servicing of the Aircraft and/or engines. 

3.2 Prices of Initial Provisioning Spare Parts. 

3.2.1 Boeing Spare Parts. The Provisioning Data will set forth the prices for those Provisioning Items other than
items listed in Article 3.3, below, that are Boeing Spare Parts, and such prices will be firm and remain in effect for ninety (90) days from the date the price is first quoted to Customer in the Provisioning Data. 

  

			
	 FED-PA-03712-LA-1106160

Spare Parts Initial Provisioning
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 3.2.2 Supplier Spare Parts. Boeing will provide estimated prices
in the Provisioning Data for Provisioning Items other than items listed in Article 3.3, below, that are Supplier Spare Parts. The price to Customer for any Supplier Spare Parts that are Provisioning Items or for any items ordered for initial
provisioning of GSE, special tools manufactured by suppliers, or engine spare parts will be one hundred twelve percent (112%) of the supplier’s list price for such items. 

3.3 QEC Kits, Standards Kits, Raw Material Kits, Bulk Materials Kits and Service Bulletin Kits. In accordance with
schedules established during the initial provisioning meeting, Boeing will furnish to Customer a listing of all components which could be included in the quick engine change (QEC) kits, Standards kits, raw material kits, bulk materials kits
and service bulletin kits which may be purchased by Customer from Boeing. Customer will select, and provide to Boeing its desired content for the kits. Boeing will furnish to Customer as soon as practicable thereafter a statement setting forth a
firm price for such kits. Customer will place Orders with Boeing for the kits in accordance with schedules established during the initial provisioning meeting. 
 4. Delivery. 
 For Spare Parts and Standards ordered by
Customer in accordance with Article 3 of this Letter Agreement, Boeing will, insofar as reasonably possible, deliver to Customer such Spare Parts and Standards on dates reasonably calculated to conform to Customer’s anticipated needs in view of
the scheduled deliveries of the Aircraft. Customer and Boeing will agree upon the date to begin delivery of the provisioning Spare Parts and Standards ordered in accordance with this Letter Agreement. Where appropriate, Boeing will arrange for
shipment of such Spare Parts and Standards which are manufactured by suppliers directly to Customer from the applicable supplier’s facility. The routing and method of shipment for initial deliveries and all subsequent deliveries of such Spare
Parts and Standards will be as established at the initial provisioning meeting and thereafter by mutual agreement. 
 5.
Substitution for Obsolete Spare Parts. 
 5.1 Obligation to Substitute Pre-Delivery. In the event
that, prior to delivery of the first Aircraft, any Spare Part purchased by Customer from Boeing in accordance with this Letter Agreement as initial provisioning for the Aircraft is rendered obsolete or unusable due to the redesign of the Aircraft or
of any accessory, equipment or part thereof (other than a redesign at Customer’s request) Boeing will deliver to Customer at no charge new and usable Spare Parts in substitution for such obsolete or unusable Spare Parts and, upon such delivery,
Customer will return the obsolete or unusable Spare Parts to Boeing. 
 5.2 Delivery of Obsolete Spare Parts
and Substitutes. Obsolete or unusable Spare Parts returned by Customer pursuant to this Article 5 will be delivered to Boeing at its Seattle Distribution Center or such other destination as Boeing may reasonably

  

			
	 FED-PA-03712-LA-1106160

Spare Parts Initial Provisioning
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 
designate. Spare Parts substituted for such returned obsolete or unusable Spare Parts will be delivered to Customer in accordance with the CSGTA. Boeing will pay the freight charges for the
shipment from Customer to Boeing of any such obsolete or unusable Spare Part and for the shipment from Boeing to Customer of any such substitute Spare Part. 
 6. Repurchase of Provisioning Items. 
 6.1 Obligation to
Repurchase. During a period commencing one (1) year after delivery of the first Aircraft and ending five (5) years after such delivery, Boeing will, upon receipt of Customer’s written request and subject to the exceptions in
Article 6.2, repurchase all unused and undamaged Provisioning Items which (i) were recommended by Boeing in the Provisioning Data as initial provisioning for the Aircraft, (ii) were purchased by Customer from Boeing, and
(iii) are surplus to Customer’s needs. 
 6.2 Exceptions. Boeing will not be obligated under
Article 6.1 to repurchase any of the following: (i) quantities of Provisioning Items in excess of those quantities recommended by Boeing in the Provisioning Data for the Aircraft, (ii) QEC kits, bulk material kits, raw material kits,
service bulletin kits, Standards kits and components thereof (except those components listed separately in the Provisioning Data), (iii) Provisioning Items for which an Order was received by Boeing more than five (5) months after delivery
of the last Aircraft added to the Purchase Agreement by the Supplemental Agreement, (iv) Provisioning Items which have become obsolete or have been replaced by other Provisioning Items as a result of Customer’s modification of the
Aircraft, and (v) Provisioning Items which become excess as a result of a change in Customer’s operating parameters, as provided to Boeing pursuant to the initial provisioning meeting and which were the basis of Boeing’s initial
provisioning recommendations for the Aircraft. 
 6.3 Notification and Format. Customer will notify
Boeing, in writing when Customer desires to return Provisioning Items under the provisions of this Article 6. Customer’s notification will include a detailed summary, in part number sequence, of the Provisioning Items Customer desires to
return. Such summary will be in the form of listings, tapes, diskettes or other media as may be mutually agreed between Boeing and Customer and will include part number, nomenclature, purchase order number, purchase order date and quantity to be
returned. Within five (5) business days after receipt of Customer’s notification, Boeing will advise Customer in writing when Boeing’s review of such summary will be completed. 

6.4 Review and Acceptance by Boeing. Upon completion of Boeing’s review of any detailed summary submitted by
Customer pursuant to Article 6.3, Boeing will issue to Customer a Material Return Authorization (MRA) for those Provisioning Items Boeing agrees are eligible for repurchase in accordance with this Article 6. Boeing will advise
Customer of the reason that any Provisioning Item included in Customer’s detailed summary is not eligible for return. Boeing’s MRA will state the date by which 

  

			
	 FED-PA-03712-LA-1106160

Spare Parts Initial Provisioning
	 	 December 12, 2011
 Page 4

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 
Provisioning Items listed in the MRA must be redelivered to Boeing, and Customer will arrange for shipment of such Provisioning Items accordingly. 

6.5 Price and Payment. The price of each Provisioning Item repurchased by Boeing pursuant to this Article 6
will be an amount equal to one hundred percent (100%) of the original invoice price thereof except that the repurchase price of Provisioning Items purchased pursuant to Article 3.2.2 will not include Boeing’s twelve percent (12%)
handling charge. Boeing will pay the repurchase price by issuing a credit memorandum in favor of Customer which may be applied against amounts due Boeing for the purchase of Spare Parts or Standards. 

6.6 Delivery of Repurchased Provisioning Items. Provisioning Items repurchased by Boeing pursuant to this
Article 6 will be delivered to Boeing F.O.B. at its Seattle Distribution Center or such other destination as Boeing may reasonably designate. 
 7. Title and Risk of Loss. 
 Title and risk of loss of any
Spare Parts or Standards delivered to Customer by Boeing in accordance with this Letter Agreement will pass from Boeing to Customer in accordance with the applicable provisions of the CSGTA. Title to and risk of loss of any Spare Parts or Standards
returned to Boeing by Customer in accordance with this Letter Agreement will pass to Boeing upon delivery of such Spare Parts or Standards to Boeing in accordance with the provisions of Article 5.2 or Article 6.6, herein, as appropriate.

 8. Termination for Excusable Delay. 

In the event of termination of the Purchase Agreement pursuant to Article 7 of the AGTA with respect to any
Aircraft, such termination will, if Customer so requests by written notice received by Boeing within fifteen (15) days after such termination, also discharge and terminate all obligations and liabilities of the parties as to any Spare Parts or
Standards which Customer had ordered pursuant to the provisions of this Letter Agreement as initial provisioning for such Aircraft and which are undelivered on the date Boeing receives such written notice. 

9. Order of Precedence. 
 In the event of any inconsistency between the terms of this Letter Agreement and the terms of any other provisions of the CSGTA, the terms of this Letter Agreement will control. 

10. Confidential Treatment. Customer understands that Boeing considers certain commercial and financial information contained in
this Letter Agreement as confidential. 

  

			
	 FED-PA-03712-LA-1106160

Spare Parts Initial Provisioning
	 	 December 12, 2011
 Page 5

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 Each of Customer and Boeing agree that it will treat this Letter Agreement and the
information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its content to any other
person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its
parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
  

			
	Very truly yours,
	
	THE BOEING COMPANY
		
	 By
	 	/s/ STUART C. ROSS
		
	 Its
	 	Attorney-In-Fact
	
	 ACCEPTED AND AGREED TO this

		
	 Date:
	 	December 14, 2011
	
	 Federal Express Corporation

		
	 By
	 	/s/ PHILLIP C. BLUM
		
	 Its
	 	 Vice President

  

			
	 FED-PA-03712-LA-1106160

Spare Parts Initial Provisioning
	 	 December 12, 2011
 Page 6

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106163 

Federal Express Corporation 
 3610 Hacks Cross 
 Memphis TN 38125 

 

			
	 Subject:
	  	 Demonstration Flight Waiver

		
	 Reference:
	  	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 Definition
of Terms: 
 Correction Costs: Customer’s direct labor costs and the cost of any material required to
correct a Flight Discrepancy where direct labor costs are equal to the Warranty Labor Rate in effect between the parties at the time such labor is expended. 
 Flight Discrepancy: A failure or malfunction of an Aircraft, or the accessories, equipment or parts installed on the Aircraft which results from a defect in the Aircraft, Boeing Product, engine or
Supplier Product or a nonconformance to the Detail Specification for the Aircraft. 
 The AGTA provides that
each aircraft will be test flown prior to delivery for the purpose of demonstrating the functioning of such Aircraft and its equipment to Customer; however, Customer may elect to waive this test flight. For each test flight waived, Boeing agrees to
provide Customer an amount of jet fuel at delivery that, including the standard fuel entitlement, totals the following amount of fuel: 
  

			September 30,
	 Aircraft
 Model
	    	Total Fuel Entitlement
(U.S.
Gallons)
	 737
	    	Full tanks
	 747
	    	26,000
	 767
	    	11,000
	 777
	    	10,300
	 787
	    	Full tanks

  

			
	 FED-PA-03712-LA-1106163

Demonstration Flight Waiver
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 Further, Boeing agrees to reimburse Customer for any Correction Costs
incurred as a result of the discovery of a Flight Discrepancy during the first flight of the Aircraft by Customer following delivery to the extent such Correction Costs are not covered under a warranty provided by Boeing, the engine manufacturer or
any of Boeing’s suppliers. 
 Should a Flight Discrepancy be detected by Customer which requires the return
of the Aircraft to Boeing’s facilities at Seattle, Washington, so that Boeing may correct such Flight Discrepancy, Boeing and Customer agree that title to and risk of loss of such Aircraft will remain with Customer. In addition, it is agreed
that Boeing will have responsibility for the Aircraft while it is on the ground at Boeing’s facilities in Seattle, Washington, as is chargeable by law to a bailee for mutual benefit, but Boeing shall not be liable for loss of use. 

To be reimbursed for Correction Costs, Customer shall submit a written itemized statement describing any Flight
Discrepancies and indicating the Correction Cost incurred by Customer for each discrepancy. This request must be submitted to Boeing’s Contracts Regional Director at Renton, Washington, within ninety (90) days after the first flight by
Customer. 
 Confidential Treatment. Customer understands that Boeing considers certain commercial and financial
information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents
of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may
disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with
respect hereto, and as required by law. 

  

			
	 FED-PA-03712-LA-1106163

Demonstration Flight Waiver
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

	 	 

  

			
	 Very truly yours,

	
	 THE BOEING COMPANY

		
	 By
	 	/s/ STUART C. ROSS
		 	
	 Its
	 	Attorney-In-Fact
		 	
	 ACCEPTED AND AGREED TO this

	
	 Date: December 12, 2011

	
	 Federal Express Corporation

		
	 By
	 	/s/ PHILLIP C. BLUM
		
	 Its
	 	Vice President

  

			
	 FED-PA-03712-LA-1106163

Demonstration Flight Waiver
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106177 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

			
		
	Subject:	  	[ * ]
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2 Freighter aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 [ * ] 
  

	1.	 [ * ] 

  

	2.	 [ * ] 

  

	3.	 [ * ] 

  

	4.	 [ * ] 

  

	5.	 [ * ] 

  

	6.	 Confidential Treatment. 

 Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter
Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its
content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board
of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106177
 [ *
]
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	/s/ STUART C. ROSS
		
	Its	 	 Attorney-In-Fact

	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	/s/ PHILLIP C. BLUM
		
	Its	 	 Vice President

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106177
 [ *
]
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106207 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

			
		
	Subject:	  	Special Matters for Firm Aircraft
		
	Reference:	  	Purchase Agreement No. PA-3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. The credit memorandum provided for in this Letter Agreement will be applicable to the Aircraft identified in Table 1-A of
the Purchase Agreement only. 
  

	1.	 Credit Memoranda. 

 [ * ] 
  

	2.	 Escalation of Credit Memoranda. 

 Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [ * ] base year dollars and will be escalated to the scheduled month of the respective Aircraft
delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Aircraft. The Credit Memoranda may, at the election of Customer, be (i) applied against the Aircraft Price of the respective Aircraft at
the time of delivery, or (ii) used for the purchase of other Boeing goods and services (but shall not be applied to advance payments). 
  

	3.	 [ * ] 

  

	4.	 Assignment. 

 Unless otherwise noted herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer and in consideration of Customer’s taking title to the
Aircraft at time of delivery and becoming the operator of the Aircraft. This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing, which will not be unreasonably withheld. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106207

Special Matters – 767-300F with GE Engines
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

	5.	 Confidentiality 

 Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter
Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its
content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board
of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

		
	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

		
	Its	 	Vice President

  

  

			
	 FED-PA-03712-LA-1106207

Special Matters – 767 Freighter with GE Engines
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106208 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

			
		
	Subject:	  	Special Matters for Option Aircraft
		
	Reference:	  	Purchase Agreement No. PA-3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2F aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. The credit memorandum provided for in this Letter Agreement will be applicable to exercised option aircraft only, as
identified in Table 1-B of the Purchase Agreement (Exercised Option Aircraft). 
  

	1.	 Credit Memoranda. 

 [ * ] 
  

	2.	 Escalation of Credit Memoranda. 

 Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [ * ] base year dollars and will be escalated to the scheduled month of the respective Aircraft
delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Option Aircraft. The Credit Memoranda may, at the election of Customer, be (i) applied against the Exercised Option Aircraft
Price of the respective Exercised Option Aircraft at the time of delivery, or (ii) used for the purchase of other Boeing goods and services (but shall not be applied to advance payments). 

 

	3.	 [ * ] 

  

	4.	 Assignment. 

 Unless otherwise noted herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer and in consideration of Customer’s taking title to the
Exercised Option Aircraft at time of delivery and becoming the operator of the Aircraft. This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing, which will not be unreasonably withheld. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106208

Special Matters – 767-300F Options Aircraft
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

	5.	 Confidentiality 

 Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter
Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its
content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board
of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
 Very truly yours, 
  

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

		
	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	Federal Express Corporation
		
	By	 	 /s/ PHILLIP C. BLUM

		
	Its	 	Vice President

  

			
	 FED-PA-03712-LA-1106208

Special Matters – 767 Freighter Option Aircraft
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-06574 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

			
		
	Subject:	  	Agreement for Deviation from [ * ]
		
	Reference:	  	Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) relating to
Model 767-3S2 Freighter firm aircraft (Aircraft)

 This letter agreement (Letter Agreement) amends and supplements the Purchase
Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
 [ * ]. 
  

	1.	 [ * ] 

  

	2.	 [ * ] 

  

	3.	 [ * ] 

  

	4.	 [ * ] 

  

	5.	 [ * ] 

  

	6.	 Confidential Treatment. 

 Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter
Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its
content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board
of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-06574

Agreement for Deviation from [ * ]
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 If the foregoing correctly sets forth your understanding of our
agreement with respect to the matters treated above, please indicate your acceptance and approval below. 
 Very truly yours, 

 

			
	THE BOEING COMPANY
		
	By	 	 /s/ STUART C. ROSS

		
	Its	 	Attorney-In-Fact
	
	ACCEPTED AND AGREED TO this
		
	Date:	 	December 14, 2011
	
	FEDERAL EXPRESS CORPORATION
		
	By	 	 /s/ PHILLIP C. BLUM

		
	Its	 	Vice President

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-06574

Agreement for Deviation from [ * ]
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

 Attachment A to Letter Agreement No FED-PA-03712-LA-06574 

Page 1 
 [ * ] 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-06574

Agreement for Deviation from [ * ]
	 	 December 12, 2011
 Page 3

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106584 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

	Subject:	 Aircraft Performance Guarantees 

  

	Reference:	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation
(Customer) relating to Model 767-3S2F firm aircraft listed on Table 1-A (Aircraft) 

 This letter agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase
Agreement. 
 Boeing agrees to provide Customer with the performance guarantees in the Attachment. These
guarantees are exclusive and expire upon delivery of the Aircraft to Customer. Customer agrees to limit the remedy for non-compliance of any performance guarantee to the terms in Letter Agreements No. FED-PA-03712-LA-1106153 entitled
“Liquidated Damages – Non-Excusable Delay” and FED-PA-03712-LA-1106574 entitled “Agreement for Deviation from [ * ].” 
 Confidential Treatment. 
 Customer understands that Boeing
considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter Agreement and the information contained herein as confidential. Customer
agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of
Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board of Directors of its parent corporation, FedEx Corporation, to its
professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106584

Aircraft Performance Guarantees
	 	 December 12, 2011
 LA Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 Very truly yours, 
 THE BOEING COMPANY 

			
		
	 By
	 	 /s/ STUART C. ROSS

 Its Attorney-In-Fact 
 ACCEPTED AND AGREED TO this 
 Date: 

December 14, 2011 
 FEDERAL EXPRESS CORPORATION 

			
		
	 By
	 	 /s/ PHILLIP C. BLUM

 Its Vice President 

  

			
	 FED-PA-03712-LA-1106584

Aircraft Performance Guarantees
	 	 December 12, 2011
 LA Page 2

 BOEING PROPRIETARY 

 

 Attachment to Letter Agreement 

No. FED-PA-03712-LA-1106584 
 CF6-80C2B6F Engines 
 Page 2 

MODEL 767-300 FREIGHTER PERFORMANCE GUARANTEES 
 FOR S-544 
  

			
	 SECTION
	  	 CONTENTS

		
	1	  	AIRCRAFT MODEL APPLICABILITY
		
	2	  	FLIGHT PERFORMANCE
		
	3	  	MANUFACTURER’S EMPTY WEIGHT
		
	4	  	SOUND LEVELS
		
	5	  	AIRCRAFT CONFIGURATION
		
	6	  	GUARANTEE CONDITIONS
		
	7	  	GUARANTEE COMPLIANCE
		
	8	  	EXCLUSIVE GUARANTEES

 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

					
	 P.A. No. 3712

AERO-B-BBA4-M11-1089
	 		 	SS11-0541
			
		 	BOEING PROPRIETARY	 	

			
	

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

 

 FED-PA-03712-LA-1106586 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

	Subject:	 Miscellaneous Matters 

  

	Reference:	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F aircraft (Aircraft) 

 This letter agreement (Letter
Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 

 

	1.	 [ * ] 

  

	2.	 [ * ] 

  

	3.	 [ * ] 

  

	4.	 [ * ] 

  

	5.	 [ * ] 

  

	6.	 [ * ] 

  

	7.	 [ * ] 

  

	8.	 [ * ] 

  

	9.	 [ * ] 

  

	10.	 [ * ] 

  

	11.	 [ * ] 

  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106586

Miscellaneous Matters
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 12. Entire Agreement. This Agreement and the Purchase Agreement contain the
entire agreement between the parties and supersede all previous proposals, understandings, commitments or representations, oral or written, with respect to the subject matter hereof. 

13. Confidential Treatment. Customer understands that Boeing considers certain commercial and financial information contained in
this Agreement as confidential. Customer and Boeing agree that it will treat this Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Agreement to employees of Customer with
a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Agreement and the terms and conditions
herein to its parent company, FedEx Corporation, to the Board of Directors of its parent company, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 

 

			
	 AGREED AND ACCEPTED this
	  	
		
	 December 14, 2011
	  	
	 Date
	  	
		
	 THE BOEING COMPANY
	  	FEDERAL EXPRESS CORPORATION
		
	 /s/ STUART C. ROSS
	  	/s/ PHILLIP C. BLUM
		  	  

	 Signature
	  	Signature
		
	 Stuart C. Ross
	  	Phillip C. Blum
		  	  

	 Printed name
	  	Printed name
		
	 Attorney-in-Fact
	  	Vice President
		  	  

	 Title
	  	Title

  

			
	 FED-PA-03712-LA-1106586

Miscellaneous Matters
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106614 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

	Subject:	 Special Matters for Purchase Right Aircraft 

  

	Reference:	 Purchase Agreement No. PA-3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation
(Customer) relating to Model 767-3S2F aircraft (Aircraft) 

 This letter
agreement (Letter Agreement) amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. The credit memorandum provided for in this Letter
Agreement will be applicable to exercised Purchase Right Aircraft only (Exercised Purchase Right Aircraft), as described in letter agreement FED-PA-03712-LA-1106158. 

 

	1.	 Credit Memoranda. 

 [ * ] 
  

	2.	 Escalation of Credit Memoranda. 

 Unless otherwise noted, the amounts of the Credit Memoranda stated in Paragraphs 1.1 through 1.5 are in [ * ] base year dollars and will be escalated to the scheduled month of the respective Purchase
Right Aircraft delivery pursuant to the Airframe Escalation formula set forth in the Purchase Agreement applicable to the Exercised Purchase Right Aircraft. The Credit Memoranda may, at the election of Customer, be (i) applied against the
Exercised Purchase Right Aircraft Price of the respective Exercised Purchase Right Aircraft at the time of delivery, or (ii) used for the purchase of other Boeing goods and services (but shall not be applied to advance payments). 

 

	3.	 [ * ] 

  

	4.	 Assignment. 

 Unless otherwise noted herein, the Credit Memoranda described in this Letter Agreement are provided as a financial accommodation to Customer and in consideration of Customer’s taking title to the
Exercised Purchase Right Aircraft at time of delivery and becoming the operator of the Purchase Right Aircraft. This Letter Agreement cannot be assigned, in whole or in part, without the prior written consent of Boeing, which will not be
unreasonably withheld. 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106614

Special Matters – Purchase Right Aircraft
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

	5.	 Confidentiality 

 Customer understands that Boeing considers certain commercial and financial information contained in this Letter Agreement as confidential. Each of Customer and Boeing agree that it will treat this Letter
Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Letter Agreement to employees of Customer with a need to know and who understand that they are not to disclose its
content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Letter Agreement and the terms and conditions herein to its parent company, FedEx Corporation, to the Board
of Directors of its parent corporation, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 
 Very truly yours, 
 THE BOEING COMPANY 

			
		
	 By
	 	 /s/ STUART C. ROSS

 Its Attorney-In-Fact 
 ACCEPTED AND AGREED TO this 
 Date: December 14, 2011 

Federal Express Corporation 

			
		
	 By
	 	 /s/ PHILLIP C. BLUM

 Its Vice President 

  

			
	 FED-PA-03712-LA-1106614

Special Matters – Purchase Right Aircraft
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

			
	

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

 

 FED-PA-03712-LA-1106824 
 Federal Express Corporation 
 3610 Hacks Cross Road 

Memphis, TN 38125 
  

	Subject:	 Customer Support Matters 

  

	Reference:	 Purchase Agreement No. 3712 (Purchase Agreement) between The Boeing Company (Boeing) and Federal Express Corporation (Customer)
relating to Model 767-3S2F aircraft (Aircraft) 

 This letter agreement (Letter Agreement)
amends and supplements the Purchase Agreement. All terms used but not defined in this Letter Agreement shall have the same meaning as in the Purchase Agreement. 
  

	1.	 [ * ] 

  

	2.	 [ * ] 

  

	3.	 [ * ] 

  

	4.	 [ * ] 

5. Entire Agreement. This Agreement and the Purchase Agreement contain the entire agreement between the parties and supersede all
previous proposals, understandings, commitments or representations, oral or written, with respect to the subject matter hereof. 

6. Confidential Treatment. Customer understands that Boeing considers certain commercial and financial information contained in
this Agreement as confidential. Customer and Boeing agree that it will treat this Agreement and the information contained herein as confidential. Customer agrees to limit the disclosure of the contents of this Agreement to employees of Customer with
a need to know and who understand that they are not to disclose its content to any other person or entity without the prior written consent of Boeing. Notwithstanding the forgoing, Customer may disclose this Agreement and the terms and conditions
herein to its parent company, FedEx Corporation, to the Board of Directors of its parent company, FedEx Corporation, to its professional advisors under a duty of confidentiality with respect hereto, and as required by law. 

 

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 FED-PA-03712-LA-1106824

Customer Support Matters
	 	 December 12, 2011
 Page 1

 BOEING PROPRIETARY 

 

			
	

	 	 

  

 Very truly yours, 
 THE BOEING COMPANY 

			
		
	By	 	/s/ STUART C. ROSS

 Its Attorney-In-Fact 
 ACCEPTED AND AGREED TO this 
 Date: December 14, 2011 

Federal Express Corporation 

			
		
	 By
	 	 /S/ PHILLIP C. BLUM

 Its Vice President 
 Attachment A 

  

			
	 FED-PA-03712-LA-1106824

Customer Support Matters
	 	 December 12, 2011
 Page 2

 BOEING PROPRIETARY 

 

 Attachment A 
 [ * ] 
  

	*	 Blank spaces contained confidential information which has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2
under the Securities Exchange Act of 1934, as amended. 

  

			
	 Attachment A to FED-PA-03712-LA-1106824
	  	 Page 1 of 1

 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-FED 
 between

 THE BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 

  
 AGTA-FED 

BOEING PROPRIETARY 

 TABLE OF CONTENTS 

 

			
	 	  	PAGE
	 ARTICLES
	  	NUMBER
		
	 1.      Subject Matter of Sale
	  	 1       

		
	 2.      Price, Taxes and Payment
	  	 1       

		
	 3.      Regulatory Requirements and Certificates
	  	 3       

		
	 4.      Detail Specification; Changes
	  	 4       

		
	 5.      Representatives, Inspection, Demonstration Flights, Test Data and
Performance Guarantee Compliance
	  	 4       

		
	 6.      Delivery
	  	 5       

		
	 7.      Excusable Delay
	  	 5       

		
	 8.      Risk Allocation/Insurance
	  	 7       

		
	 9.      Assignment, Resale or Lease
	  	 8       

		
	 10.    Termination for Certain Events
	  	 9       

		
	 11.    Notices
	  	 10     

		
	 12.    Miscellaneous
	  	 11     

		
	 EXHIBITS
	  	
		
	 A      Buyer Furnished Equipment Provisions Document
	  	
		
	 B      Customer Support Document
	  	
		
	 C      Product Assurance Document
	  	
		
	 APPENDICES
	  	
		
	 I        Insurance Certificate
	  	
		
	 II      Purchase Agreement Assignment
	  	
		
	 III     Post-Delivery Sale Notice
	  	
		
	 IV    Post-Delivery Lease Notice
	  	
		
	 V      Purchaser’s/Lessee’s Agreement
	  	
		
	 VI    Owner Appointment of Agent - Warranties
	  	
		
	 VII   Contractor Confidentiality Agreement
	  	
		
	 VIII Post-Delivery Sale with Lease to Seller
	  	
		
	 IX    Sale with Lease
	  	
		
	 X      Post-Delivery Security
	  	

  

  

					
	 AGTA-FED
	 	- i -	 	

 BOEING PROPRIETARY 
  

 AIRCRAFT GENERAL TERMS AGREEMENT NUMBER AGTA-FED 

between 
 The
Boeing Company 
 and 
 Federal Express Corporation 
 Relating to 

BOEING AIRCRAFT 
 This Aircraft General Terms Agreement Number AGTA-FED (AGTA) between The Boeing Company (Boeing) and Federal Express Corporation (Customer) will apply to all Boeing aircraft
contracted for purchase from Boeing by Customer after the effective date of this AGTA. 
 Article 1. Subject Matter of
Sale. 
 1.1 Aircraft. Boeing will manufacture and sell to Customer and Customer will purchase from
Boeing aircraft under purchase agreements that incorporate the terms and conditions of this AGTA. 
 1.2
Buyer Furnished Equipment. Exhibit A, Buyer Furnished Equipment Provisions Document to the AGTA, contains the obligations of Customer and Boeing with respect to equipment purchased and provided by Customer, which Boeing will receive, inspect,
store, and install in an aircraft before delivery to Customer. This equipment is defined as Buyer Furnished Equipment (BFE). 
 1.3 Customer Support. Exhibit B, Customer Support Document to the AGTA, contains the obligations of Boeing relating to Materials (as defined in Part 3 thereof), training, services, and other things
in support of aircraft. 
 1.4 Product Assurance. Exhibit C, Product Assurance Document to the AGTA,
contains the obligations of Boeing and the suppliers of equipment installed in each aircraft at delivery relating to warranties, patent indemnities, software copyright indemnities, and service life policies. 

Article 2. Price, Taxes, and Payment. 
  

	 	2.1	 Price. 

 2.1.1 Airframe Price is defined as the price of the airframe for a specific model of aircraft described in a purchase agreement. The Airframe Price includes the engine price at its basic thrust
level. 

  

					
	 AGTA-FED
	 	- 1 -	 	

 BOEING PROPRIETARY 
  

 2.1.2 Optional Features Prices are defined as the prices for
optional features selected by Customer for a specific model of aircraft described in a purchase agreement. 

2.1.3 Aircraft Basic Price is defined as the sum of the Airframe Price and the Optional Features Prices.

 2.1.4 Escalation Adjustment is defined as the price adjustment to the Airframe Price and the Optional
Features Prices resulting from the calculation using the economic price formula contained in the Airframe and Optional Features Escalation Adjustment supplemental exhibit to the applicable purchase agreement. 

2.1.5 Advance Payment Base Price is defined as the estimated price of an aircraft rounded to the nearest thousand
U. S. dollars, as of the date of signing a purchase agreement, for the scheduled month of delivery of such aircraft using commercial forecasts of the Escalation Adjustment. 

2.1.6 Aircraft Price is defined as the total amount Customer is to pay for an aircraft at the time of delivery,
which is the sum of the Aircraft Basic Price, the Escalation Adjustment, and other price adjustments made pursuant to the purchase agreement. 
 2.2 Taxes. 
 2.2.1 Taxes. Taxes are defined
as all taxes, fees, charges, or duties and any interest, penalties, fines, or other additions to tax, including, but not limited to sales, use, value added, gross receipts, stamp, excise, transfer, and similar taxes imposed by any domestic or
foreign taxing authority, arising out of or in connection with the performance of the applicable purchase agreement or the sale, delivery, transfer, or storage of any aircraft, BFE, or other things furnished under the applicable purchase agreement.
Except for U.S. federal or California State income taxes imposed on Boeing or Boeing’s assignee, and Washington State business and occupation taxes imposed on Boeing or Boeing’s assignee, Customer will be responsible for and pay all Taxes.
Customer is responsible for filing all tax returns, reports, declarations and payment of any taxes related to or imposed on BFE. 
 2.2.2 Reimbursement of Boeing. Customer will promptly reimburse Boeing on demand, net of additional taxes thereon, for any Taxes that are imposed on and paid by Boeing or that Boeing is responsible
for collecting. 
 2.3 Payment. 

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

  

					
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 2.3.3 Form of Payment. Customer will make all payments to Boeing by
unconditional wire transfer of immediately available funds in United States Dollars in a bank account in the United States designated by Boeing. 
 2.3.4 Monetary and Government Regulations. Customer is responsible for complying with all monetary control regulations and for obtaining necessary governmental authorizations related to payments.

 Article 3. Regulatory Requirements and Certificates. 

3.1 Certificates. Boeing will manufacture each aircraft to conform to the appropriate Type Certificate issued by
the United States Federal Aviation Administration (FAA) for the specific model of aircraft and will obtain from the FAA and furnish to Customer at delivery of each aircraft either a Standard Airworthiness Certificate or an Export Certificate
of Airworthiness issued pursuant to Part 21 of the Federal Aviation Regulations. 
 3.2 FAA or Applicable
Regulatory Authority Manufacturer Changes. 
 3.2.1 A Manufacturer Change is defined as any change
to an aircraft, data relating to an aircraft, or testing of an aircraft required by the FAA to obtain a Standard Airworthiness Certificate, or by the country of import and/or registration to obtain an Export Certificate of Airworthiness. 

3.2.2 Boeing will bear the cost of incorporating all Manufacturer Changes into the aircraft: 

(i) resulting from requirements issued by the FAA prior to the date of the Type Certificate for the applicable aircraft;

 (ii) resulting from requirements issued by the FAA prior to the date of the applicable purchase agreement;
and 
 (iii) for any aircraft delivered during the 18 month period immediately following the date of the
applicable purchase agreement (regardless of when the requirement for such change was issued by the FAA). 

3.2.3 Customer will pay Boeing’s charge for incorporating all other Manufacturer Changes into the aircraft,
including all changes for validation of an aircraft required by any governmental agency of the country of import and/or registration. 
 3.3 FAA Operator Changes. 
 3.3.1 An Operator
Change is defined as a change in equipment that is required by Federal Aviation Regulations which (i) is generally applicable to transport category aircraft to be used in United States certified air carriage and (ii) the required
compliance date is on or before the scheduled delivery month of the aircraft. 

  

					
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 3.3.2 Boeing will deliver each aircraft with Operator Changes incorporated
or, at Boeing’s option, with suitable provisions for the incorporation of such Operator Changes, and Customer will pay Boeing’s applicable charges. 
 3.4 Export License. If an export license is required by United States law or regulation for any aircraft or any other things delivered under the purchase agreement, it is Customer’s obligation
to obtain such license. If requested, Boeing will assist Customer in applying for any such export license. Customer will furnish any required supporting documents. 
 Article 4. Detail Specification; Changes. 
 4.1
Configuration Changes. The Detail Specification is defined as the Boeing document that describes the configuration of each aircraft purchased by Customer. The Detail Specification for each aircraft may be amended (i) by Boeing to
reflect the incorporation of Manufacturer Changes and Operator Changes or (ii) by the agreement of the parties. In either case the amendment will describe the particular changes to be made and any effect on design, performance, weight, balance,
scheduled delivery month, Aircraft Basic Price, Aircraft Price, and/or Advance Payment Base Price. 
 4.2
Development Changes. Development Changes are defined as changes to aircraft that do not affect the Aircraft Price or scheduled delivery month, and do not adversely affect guaranteed weight, guaranteed performance, or compliance with
the interchangeability or replaceability requirements set forth in the applicable Detail Specification or the functionality of the aircraft systems as described in the applicable Detail Specification. Boeing may incorporate Development Changes into
the Detail Specification and into an aircraft prior to delivery to Customer. Boeing will provide advance notice of any Developmental Changes planned for incorporation in Customer’s model 777 Aircraft. Boeing will discuss any concerns Customer
may have regarding such Developmental Changes and reasonably consider any requests made by Customer with respect to the incorporation of Developmental Changes. 
 4.3 Notices. Boeing will promptly notify Customer of any proposed amendments to a Detail Specification. 
 Article 5. Representatives, Inspection, Demonstration Flights, Test Data and Performance Guarantee Compliance. 

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

5.2 Inspection. Customer’s representatives may inspect each aircraft at any reasonable time, provided such
inspection does not unreasonably interfere with Boeing’s performance. 
 5.3 Demonstration Flights.
Prior to delivery, Boeing will fly each aircraft up to 4 hours to demonstrate to Customer the function of the aircraft and its equipment using 

  

					
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Boeing’s production flight test procedures. Customer may designate up to five representatives to participate as observers. 

5.4 Test Data; Performance Guarantee Compliance. Performance Guarantees are defined as the written
guarantees in a purchase agreement regarding the operational performance of an aircraft. Boeing will furnish to Customer flight test data obtained on an aircraft of the same model to evidence compliance with the Performance Guarantees. Performance
Guarantees will be met if reasonable engineering interpretations and calculations based on the flight test data establish that the particular aircraft being delivered under the applicable purchase agreement would, if actually flown, comply with the
guarantees. 
 5.5 Special Aircraft Test Requirements. Boeing may use an aircraft for flight and ground
tests prior to delivery, without reduction in the Aircraft Price, if the tests are considered necessary by Boeing (i) to obtain or maintain the Type Certificate or Certificate of Airworthiness for the aircraft or (ii) to evaluate potential
improvements that may be offered for production or retrofit incorporation. 
 Article 6. Delivery. 

6.1 Notices of Delivery Dates. Boeing will notify Customer of the approximate delivery date of each aircraft at
least 30 days before the scheduled month of delivery and again at least 14 days before the scheduled delivery date. 
 6.2 Place of Delivery. Each aircraft will be delivered at a facility selected by Boeing in the same state as the primary assembly plant for the aircraft. 

6.3 Bill of Sale. At delivery of an aircraft, Boeing will provide Customer a bill of sale conveying good title,
free of encumbrances. 
 6.4 Delay. If Customer delays acceptance of an aircraft beyond the scheduled
delivery date, Customer will reimburse Boeing for all costs incurred by Boeing as a result of the delay. 
 Article 7. Excusable Delay.

 7.1 General. Boeing will not be liable for any delay in the scheduled delivery month of an aircraft or
other performance under a purchase agreement caused by (i) acts of God; (ii) war or armed hostilities; (iii) government acts or priorities; (iv) fires, floods, or earthquakes; (v) strikes or labor troubles causing cessation,
slowdown, or interruption of work; (vi) inability, after due and timely diligence, to procure materials, systems, accessories, equipment or parts; (vii) inability, after due and timely diligence, to obtain type certification; or
(viii) any other cause to the extent such cause is beyond Boeing’s control and not occasioned by Boeing’s fault or negligence. A delay resulting from any such cause is defined as an Excusable Delay. 

7.2 Notice. Boeing will give written notice to Customer (i) of a delay as soon as Boeing concludes that an
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an Excusable Delay and, when known, (ii) of a revised delivery month based on Boeing’s appraisal of the facts. 

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

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

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

  

					
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 Article 8. Risk Allocation/Insurance. 

8.1 Title and Risk with Boeing. 

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

8.1.2 Definition of Customer. For the purposes of this Article, “Customer” is defined as FedEx
Corporation, its divisions and subsidiaries including Federal Express Corporation, affiliates, the assignees of each, and their respective directors, officers, employees, and agents. 

8.2 Insurance. 
 8.2.1 Insurance Requirements. Customer will purchase and maintain insurance acceptable to Boeing and will provide a certificate of such insurance that names Boeing as an additional insured for any
and all claims and liabilities for injury to or death of any person or persons, including employees of Customer but not employees of Boeing, or for loss of or damage to any property, including any aircraft, arising out of or in any way relating to
Materials, training, services, or other things provided under Exhibit B of the AGTA, which will be incorporated by reference into the applicable purchase agreement, whether or not arising in tort or occasioned by the negligence of Boeing, except
with respect to legal liability to persons or parties other than Customer or Customer’s assignees arising out of an accident caused solely by a product defect in an aircraft. Customer will provide such certificate of insurance at least thirty
(30) days prior to the scheduled delivery of the first aircraft under a purchase agreement. The insurance certificate will reference each aircraft delivered to Customer pursuant to each applicable purchase agreement. Annual renewal certificates
will be submitted to Boeing before the expiration of the policy periods. The form of the insurance certificate, attached as Appendix I, states the terms, limits, provisions, and coverages required by this Article 8.2.1. The failure of Boeing to
demand compliance with this 8.2.1 in any year will not in any way relieve Customer of its obligations hereunder nor constitute a waiver by Boeing of these obligations. 

8.2.2 Noncompliance with Insurance Requirements. If Customer fails to comply with any of the insurance
requirements of Article 8.2.1 or if any of the insurers fails to pay a claim covered by the insurance or otherwise fails to meet any of insurer’s obligations required by Appendix I, Customer will provide the same protection to Boeing as that
required by Article 8.2.1 above. 

  

					
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 8.2.3 Definition of Boeing. For purposes of this article,
“Boeing” is defined as The Boeing Company, its divisions, subsidiaries, affiliates, assignees of each, and their respective directors, officers, employees, and agents. 
 Article 9. Assignment, Resale, or Lease. 
 9.1
Assignment. This AGTA and each applicable purchase agreement are for the benefit of the parties and their respective successors and assigns. No rights or duties of either party may be assigned or delegated, or contracted to be assigned or
delegated, without the prior written consent of the other party, except: 
 9.1.1 Either party may assign its
interest to a corporation that (i) results from any merger, reorganization, or acquisition of such party and (ii) acquires substantially all the assets of such party; 

9.1.2 Boeing may assign its rights to receive money; and 

9.1.3 Boeing may assign any of its rights and duties to any wholly-owned subsidiary of Boeing. 

9.2 Transfer by Customer at Delivery. Boeing will take any requested action reasonably required for the purpose of
causing an aircraft, at time of delivery, to be subject to an equipment trust, conditional sale, lien, or other arrangement for Customer to finance the aircraft. However, no such action will require Boeing to divest itself of title to or possession
of the aircraft until delivery of and payment for the aircraft. A sample form of assignment acceptable to Boeing is attached as Appendix II. 
 9.3 Sale or Lease by Customer After Delivery. If, following delivery of an aircraft, Customer sells or leases the aircraft (including any sale and lease-back to seller for financing purposes),
Customer may assign some or all of its rights with respect to the aircraft under the applicable purchase agreement to the purchaser or lessee of such aircraft, and all such rights will inure to the benefit of such purchaser or lessee effective upon
Boeing’s receipt of the written agreement of the purchaser or lessee, in a form satisfactory to Boeing, to comply with all applicable terms and conditions of the applicable purchase agreement. Sample forms of notice to Boeing of such
assignments giving examples of language acceptable to Boeing are attached as Appendices III, IV, VIII, IX and X. 
 9.4 Notice of Sale or Lease After Delivery. Customer will give notice to Boeing as soon as practicable of the sale or lease of an aircraft, including in the notice the name of the entity or
entities with title and/or possession of such aircraft. 
 9.5 Exculpatory Clause in Post-Delivery Sale or
Lease. If, following the delivery of an aircraft, Customer sells or leases such aircraft and obtains from the transferee any form of exculpatory clause protecting Customer from liability for loss of or damage to the aircraft, and/or related
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use, revenue, or profit, Customer shall obtain for Boeing the purchaser’s or lessee’s written agreement to be bound by terms and conditions substantially as set forth in Appendix V.
This Article 9.5 applies only if purchaser or lessee has not provided to Boeing the written agreement described in Article 9.3 above. 
 9.6 Appointment of Agent—Warranty Claims. If, following delivery of an aircraft, Customer appoints an agent to act directly with Boeing for the administration of claims relating to the
warranties under the applicable purchase agreement, Boeing will deal with the agent for that purpose, effective upon Boeing’s receipt of the agent’s written agreement, in a form satisfactory to Boeing, to comply with all applicable terms
and conditions of the applicable purchase agreement. A sample form of agreement acceptable to Boeing is attached as Appendix VI. 
 9.7 No Increase in Boeing Liability. No action taken by Customer or Boeing relating to the resale or lease of an aircraft or the assignment of Customer’s rights under the applicable purchase
agreement will subject Boeing to any liability beyond that in the applicable purchase agreement or modify in any way Boeing’s obligations under the applicable purchase agreement. 
 Article 10. Termination of Purchase Agreements for Certain Events. 
 10.1 Termination. If either party 
 (i) ceases doing
business as a going concern, or suspends all or substantially all its business operations, or makes an assignment for the benefit of creditors, or generally does not pay its debts as they become due, or admits in writing its inability to pay its
debts; or 
 (ii) petitions for or acquiesces in the appointment of any receiver, trustee or similar officer to
liquidate or conserve its business or any substantial part of its assets; commences any legal proceeding such as bankruptcy, reorganization, readjustment of debt, dissolution, or liquidation available for the relief of financially distressed
debtors; or becomes the object of any such proceeding, unless the proceeding is dismissed or stayed within a reasonable period, not to exceed 60 days, 
 the other party may terminate any purchase agreement with respect to any undelivered aircraft, Materials, training, services, and other things by giving written notice of termination. 

10.2 Repayment of Advance Payments. If Customer terminates the applicable purchase agreement under this Article,
Boeing will repay to Customer, without interest, an amount equal to any advance payments received by Boeing from Customer with respect to undelivered aircraft. 

  

					
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 Article 11. Notices. 

All notices required by this AGTA or by any applicable purchase agreement will be written in English, will be effective
on the date of receipt, and will be delivered or transmitted by any customary means to the appropriate address or number listed below: 
  

					
	 Customer
	  	 Delivery or
	  	 Federal Express Corporation

		  	 Courier:
	  	 3610 Hacks Cross Road

			
		  		  	 Memphis TN 38125

		  		  	 Attn: Senior Vice President,

		  	 Mail:
	  	 Air Operations

			
		  		  	 Federal Express Corporation

		  		  	 3610 Hacks Cross Road

		  		  	 Memphis TN 38125

		  		  	 Attn: Senior Vice President,

		  		  	 Air Operations

			
		  		  	 With a copy to:

			
		  		  	 Federal Express Corporation

		  		  	 Legal Department

		  		  	 Attn: Vice President, Business

		  		  	 Transactions and Risk Management

		  		  	 3620 Hacks Cross Road

		  	 Facsimile:
	  	 Memphis, TN 38125

		  	 Telephone:
	  	 (901)434-9054

		  		  	 (901)434-8440

  

					
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	 Boeing
	  	 Delivery or
	  	 Boeing Commercial Airplanes

		  	 Courier:
	  	 1901 Oakesdale Avenue S.W.

		  		  	 Renton, Washington 98055

		  		  	 U.S.A.

			
		  		  	 Attention: Vice President - Contracts
                 Mail Code 21-34

			
		  	 Mail:
	  	 Boeing Commercial Airplanes

		  		  	 P.O. Box 3707

		  		  	 Seattle, Washington 98124-2207

		  		  	 U.S.A.

			
		  		  	 Attention: Vice President - Contracts
                 Mail Code 21-34

			
		  	 Facsimile:
	  	 425 237-1706

		  	 Telephone:
	  	 206 766-2400

 Article 12. Miscellaneous. 

12.1 Government Approval. Boeing and Customer will assist each other in obtaining any governmental consents or
approvals required to effect certification and sale of aircraft under the applicable purchase agreement. 
 12.2
Headings. Article and paragraph headings used in this AGTA and in any purchase agreement are for convenient reference only and are not intended to affect the interpretation of this AGTA or any purchase agreement. 

12.3 GOVERNING LAW. THIS AGTA AND ANY PURCHASE AGREEMENT WILL BE INTERPRETED UNDER AND GOVERNED BY THE LAWS OF
THE STATE OF WASHINGTON, U.S.A., EXCEPT THAT WASHINGTON’S CHOICE OF LAW RULES SHALL NOT BE INVOKED FOR THE PURPOSE OF APPLYING THE LAW OF ANOTHER JURISDICTION. 

12.4 Waiver/Severability. Failure by either party to enforce any provision of this AGTA or any purchase agreement
will not be construed as a waiver. If any provision of this AGTA or any provision of any purchase agreement is held unlawful or otherwise ineffective by a court of competent jurisdiction, the remainder of the AGTA or the applicable purchase
agreement will remain in effect. 
 12.5 Information Releases. Neither party will make a news release,
publish articles, brochures, advertisements, issue prepared speeches or make any other information releases concerning this AGTA, or any Purchase Agreement entered into underneath this AGTA, without the prior written consent of the other party. Once
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making such disclosure will in each instance obtain the prior written approval of the other party concerning the exact test and timing of news releases, articles, brochures, advertisements,
prepared speeches and other information releases concerning this AGTA or an applicable Purchase Agreement. 

12.6 Customer’s Data. The parties acknowledge that in conjunction with a Purchase Agreement under this AGTA,
Customer may disclose to Boeing certain valuable, confidential and proprietary information. Accordingly, prior to such disclosure, Customer will notify Boeing in writing of the proprietary status of such data and Boeing will agree to protect
Customer’s interest in the data by not further disclosing the data to any other party without the prior written consent of the Customer. 
 12.7 Survival of Obligations. The Articles and Exhibits of this AGTA including but not limited to those relating to insurance, DISCLAIMER AND RELEASE and the EXCLUSION OF CONSEQUENTIAL AND OTHER
DAMAGES will survive termination or cancellation of any purchase agreement or part thereof. 
 12.8 AGTA
Changes. The intent of the AGTA is to simplify the standard contracting process for terms and conditions which are related to the sale and purchase of all Boeing aircraft. 
 This AGTA has been mutually agreed to by the parties as of the date indicated below. From time to time the parties may elect, by mutual agreement to update, or modify the existing articles as written. If
such changes are made, any existing executed Purchase Agreement(s) will be governed by the terms and conditions of the Revision level of the AGTA in effect on the date of the executed Purchase Agreement. 

 

									
	 DATED AS OF November 7, 2006
	 		 		 	
			
	 FEDERAL EXPRESS CORPORATION
	 		 	 THE BOEING COMPANY

					
	 By
	 	 /s/ Phillip C. Blum
	 		 	 By
	 	 /s/ R.C. Nelson

			
	Its Vice President–Aircraft Acquisitions/ SAO	 		 	 Its Attorney-In-Fact

  

					
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 EXHIBIT A 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-FED 

between 

THE BOEING COMPANY 
 and 
 FEDEX CORPORATION 

BUYER FURNISHED EQUIPMENT PROVISIONS DOCUMENT 

  

					
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 BUYER FURNISHED EQUIPMENT PROVISIONS DOCUMENT 

 

	1.	 General. 

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

 

	2.	 Supplier Selection. 

 Customer will: 
 2.1 Select and notify Boeing of the suppliers of
BFE items by those dates appearing in Supplemental Exhibit BFE1 to the applicable purchase agreement at the time of aircraft purchase. 
 2.2 Meet with Boeing and such selected BFE suppliers promptly after such selection to: 
 2.2.1 complete BFE configuration design requirements for such BFE; and 
 2.2.2 confirm technical data submittal requirements for BFE certification. 
  

	3.	 Customer’s Obligations. 

 Customer will: 
 3.1 comply with and cause the supplier to comply
with the provisions of the BFE Document or BFE Report; including, without limitation, 
 3.1.1 deliver technical
data (in English) to Boeing as required to support installation and FAA certification in accordance with the schedule provided by Boeing or as mutually agreed upon during the BFE meeting referred to above; 

  

					
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 3.1.2 deliver BFE including production and/or flight training spares and BFE
Aircraft Software to Boeing in accordance with the quantities, schedule, and other instructions provided therein; and 
 3.1.3 assure that all BFE Aircraft Software is delivered in compliance with Boeing’s then-current Standards for Loadable Systems; 

3.1.4 assure that all BFE parts are delivered to Boeing with appropriate quality assurance documentation; 

3.2 authorize Boeing to discuss all details of the BFE directly with the BFE suppliers; 

3.3 authorize Boeing to conduct or delegate to the supplier quality source inspection and supplier hardware acceptance of
BFE at the supplier location; 
 3.3.1 require supplier’s contractual compliance to Boeing defined quality
assurance requirements, source inspection programs and supplier delegation programs, including availability of adequate facilities for Boeing resident personnel; and 

3.3.2 assure that all BFE supplier’s quality systems are approved to Boeing’s then current standards for such
systems; 
 3.4 obtain from supplier a non-exclusive, perpetual, royalty-free, irrevocable license for Boeing to
copy BFE Aircraft Software. The license is needed to enable Boeing to load the software copies in (i) the aircraft’s mass storage device (MSD), (ii) media (e.g., diskettes, CD-ROMs, etc.), (iii) the BFE hardware and/or
(iv) an intermediate device or other media to facilitate copying of the BFE Aircraft Software into the aircraft’s MSD, BFE hardware and/or media, including media as Boeing may deliver to Customer with the aircraft; 

3.5 grant Boeing a license, extending the same rights set forth in paragraph 3.4 above, to copy: a) BFE Aircraft Software
and data Customer has modified and/or b) other software and data Customer has added to the BFE Aircraft Software; 
 3.6 provide reasonably necessary field service representation at Boeing’s facilities to support Boeing on all issues related to the installation and certification of BFE; 

3.7 deal directly with all BFE suppliers to obtain overhaul data, provisioning data, related product support
documentation and any warranty provisions applicable to the BFE; 
 3.8 work with Boeing and the BFE suppliers
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 3.9 be responsible for modifying, adjusting and/or calibrating BFE as
required for FAA approval and for all related expenses; 
 3.10 assure that a proprietary information agreement
is in place between Boeing and BFE suppliers prior to Boeing providing any documentation to such suppliers, 

3.11 warrant that the BFE will comply with all applicable FARs and the U.S. Food and Drug Administration (FDA) sanitation
requirements for installation and use in the Aircraft at the time of delivery. Customer will be responsible for supplying any data and adjusting, calibrating, re-testing or updating such BFE and data to the extent necessary to obtain applicable FAA
and FDA approval and shall bear the resulting expenses. 
 3.12 warrant that the BFE will meet the requirements
of the Detail Specification; and 
 3.13 be responsible for providing equipment which is FAA certifiable at time
of Aircraft delivery, or for obtaining waivers from the applicable regulatory agency for non-FAA certifiable equipment. 
  

	4.	 Boeing’s Obligations. 

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

 

	5.	 Nonperformance by Customer. 

 If Customer’s nonperformance of obligations in this Exhibit or in the BFE Document causes a delay in the delivery of the Aircraft or causes Boeing to perform out-of-sequence or additional work,
Customer will reimburse Boeing for all resulting expenses and be deemed to have agreed to any such delay in Aircraft delivery. In addition Boeing will have the right to: 

5.1 provide and install specified equipment or suitable alternate equipment and increase the price of the Aircraft
accordingly; and/or 
 5.2 deliver the Aircraft to Customer without the BFE installed. 

 

	6.	 Return of Equipment. 

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

 

	7.	 Title and Risk of Loss. 

  

					
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 7.1 With respect to Aircraft manufactured in the State of Washington, title
to and risk of loss of BFE provided for such Aircraft will at all times remain with Customer or other owner. Boeing will have only such liability for BFE as a bailee for mutual benefit would have, but will not be liable for loss of use. 

7.2 With respect to Aircraft manufactured in the State of California, Customer agrees to sell and Boeing agrees to
purchase each item of BFE concurrently with its delivery to Boeing. A reasonable shipset price for the BFE shall be established with Customer. Customer and Boeing agree that the Aircraft Price will be increased by the amount of said shipset price
and such amount will be included on Boeing’s invoice at time of Aircraft delivery. Boeing’s payment for the purchase of each shipset of BFE from Customer will be made at the time of delivery of the Aircraft in which the BFE is installed.

  

	8.	 Interchange of BFE 

 To properly maintain Boeing’s production flow and to preserve Boeing’s delivery commitments, Boeing reserves the right, if necessary, due to equipment shortages or failures, to interchange new
items of BFE acquired from or for Customer with new items of the same part numbers acquired from or for other customers of Boeing. Used BFE acquired from Customer or from other customers of Boeing will not be interchanged. 

 

	9.	 Indemnification of Boeing. 

 After transfer of title of the Aircraft, Customer hereby indemnifies and holds harmless Boeing from and against all claims and liabilities, including costs and expenses (including attorneys’ fees)
incident thereto or incident to successfully establishing the right to indemnification, for injury to or death of any person or persons, including employees of Customer but not employees of Boeing, or for loss of or damage to any property, including
any Aircraft, arising out of or in any way connected with any nonconformance or defect in any BFE and whether or not arising in tort or occasioned by the negligence of Boeing. This indemnity will not apply with respect to any nonconformance or
defect caused solely by Boeing’s installation of the BFE. 
  

	10.	 Patent Indemnity. 

 Customer hereby indemnifies and holds harmless Boeing from and against all claims, suits, actions, liabilities, damages and costs arising out of any actual or alleged infringement of any patent or other
intellectual property rights by BFE or arising out of the installation, sale or use of BFE by Boeing. 
  

	11.	 Definitions. 

  

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

  

					
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 EXHIBIT B 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-FED 

between 

THE BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 

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

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

  

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

	1.	 Boeing Training Programs. 

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

1.4 Customer will be responsible for all expenses of Customer’s personnel. Boeing will transport Customer’s
personnel between their local lodging and Boeing’s training facility. 
  

	2.	 Training Planning Conferences. 

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

	3.	 Operations Engineering Support. 

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

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

  

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

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

If requested by Customer, Boeing will conduct the classroom portions of the maintenance and flight training (except for
the Performance Engineer training courses) at a mutually acceptable alternate training site, subject to the following conditions: 
 4.1 Customer will provide acceptable classroom space, simulators (as necessary for flight training) and training equipment required to present the courses; 

4.2 Customer will pay Boeing’s then-current per diem charge for each Boeing instructor for each day, or fraction
thereof, that the instructor is away from their home location, including travel time; 
 4.3 Customer will
reimburse Boeing for the actual costs of round-trip transportation for Boeing’s instructors and the shipping costs of training Materials between the primary training facility and the alternate training site; 

4.4 Customer will be responsible for all taxes, fees, duties, licenses, permits and similar expenses incurred by Boeing
and its employees as a result of Boeing’s providing training at the alternate site or incurred as a result of Boeing providing revenue service training; and 

4.5 Those portions of training that require the use of training devices not available at the alternate site will be
conducted at Boeing’s facility or at some other alternate site. 
  

	5.	 General Terms and Conditions. 

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

  

					
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 5.2 Normal Line Maintenance is defined as line maintenance that
Boeing might reasonably be expected to furnish for flight crew training at Boeing’s facility, and will include ground support and aircraft storage in the open, but will not include provision of spare parts. Boeing will provide Normal Line
Maintenance services for any aircraft while the aircraft is used for flight crew training at Boeing’s facility in accordance with the Boeing Maintenance Plan (Boeing document D6-82076) and the Repair Station Operation and Inspection Manual
(Boeing document D6-25470). Customer will provide such services if flight crew training is conducted elsewhere. Regardless of the location of such training, Customer will be responsible for providing all maintenance items (other than those included
in Normal Line Maintenance) required during the training, including, but not limited to, fuel, oil, landing fees and spare parts. 
 5.3 If the training is based at Boeing’s facility, and the aircraft is damaged during such training, Boeing will make all necessary repairs to the aircraft as promptly as possible. Customer will pay
Boeing’s reasonable charge, including the price of parts and materials, for making the repairs. If Boeing’s estimated labor charge for the repair exceeds $25,000, Boeing and Customer will enter into an agreement for additional services
before beginning the repair work. 
 5.4 If the flight training is based at Boeing’s facility, several
airports in surrounding states may be used, at Boeing’s option. Unless otherwise agreed in the flight training planning conference, it will be Customer’s responsibility to make arrangements for the use of such airports. 

5.5 If Boeing agrees to make arrangements on behalf of Customer for the use of airports for flight training, Boeing will
pay on Customer’s behalf any landing fees charged by any airport used in conjunction with the flight training. At least 30 days before flight training, Customer will provide Boeing an open purchase order against which Boeing will invoice
Customer for any landing fees Boeing paid on Customer’s behalf. The invoice will be submitted to Customer approximately 60 days after flight training is completed, when all landing fee charges have been received and verified. Customer will pay
to Boeing within 30 days of the date of the invoice. 
 5.6 If requested by Boeing, in order to provide the
flight training or ferry flight assistance, Customer will make available to Boeing an aircraft after delivery to familiarize Boeing instructor or ferry flight crew personnel with such aircraft. If flight of the aircraft is required for any Boeing
instructor or ferry flight crew member to maintain an FAA license for flight proficiency or landing currency, Boeing will be responsible for the costs of fuel, oil, landing fees and spare parts attributable to that portion of the flight. 

5.7 If any part of the training described in Article 1.1 of this Exhibit is not used by Customer within 12 months after
the delivery of the last aircraft under the relevant purchase agreement, Boeing will not be obligated to provide such training. 

  

					
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 CUSTOMER SUPPORT DOCUMENT 

PART 2: FIELD AND ENGINEERING SUPPORT SERVICES 

 

	1.	 Field Service Representation. 

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

1.1 Field Service representation will be available at or near Customer’s main maintenance or engineering facility
beginning before the scheduled delivery month of the first aircraft and ending 12 months after delivery of the last aircraft covered by a specific purchase agreement. 

1.2 Customer will provide, at no charge to Boeing, suitable furnished office space and office equipment at the location
where Boeing is providing Field Service Representatives. As required, Customer will assist each Field Service Representative with visas, work permits, customs, mail handling, identification passes and formal introduction to local airport
authorities. 
 1.3 Boeing Field Service Representatives are assigned to various airports around the world.
Whenever Customer’s aircraft are operating through any such airport, the services of Boeing’s Field Service Representatives are available to Customer. 
  

	2.	 Engineering Support Services. 

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

2.2 Schedule Reliability Support. If Customer is not satisfied with the schedule reliability of a specific model
of aircraft, Boeing will analyze information provided by Customer to determine the nature and cause of the problem and to suggest possible solutions. 

  

					
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 2.3 Maintenance Cost Reduction Support. If Customer is concerned that
actual maintenance costs of a specific model of aircraft are excessive, Boeing will analyze information provided by Customer to determine the nature and cause of the problem and to suggest possible solutions. 

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

2.5 Aircraft Modification Support. If Customer is designing aircraft modifications and requests Boeing’s
support, Boeing will analyze and comment on Customer’s engineering proposals for changes in, or replacement of, systems, parts, accessories or equipment manufactured to Boeing’s detailed design. Boeing will not analyze or comment on any
major structural change unless Customer’s request for such analysis and comment includes complete detailed drawings, substantiating information (including any information required by applicable government agencies), all stress or other
appropriate analyses, and a specific statement from Customer of the substance of the review and the response requested. 
 2.6 Facilities, Ground Equipment and Maintenance Planning Support. Boeing will, at Customer’s request, evaluate Customer’s technical facilities, tools and equipment for servicing and
maintaining aircraft, to recommend changes where necessary and to assist in the formulation of an initial maintenance plan for the introduction of the aircraft into service. 

2.7 Post-Delivery Service Support. Boeing will, at Customer’s request, perform work on an aircraft after
delivery but prior to the initial departure flight or upon the return of the aircraft to Boeing’s facility prior to completion of that flight. In that event the following provisions will apply. 

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

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

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

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

  

					
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 2.7.5 The DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL
AND OTHER DAMAGES provisions in Article 11 of Part 2 of Exhibit C of this AGTA apply. 
 2.8 Additional
Services. Boeing may, at Customer’s request, provide additional services for an aircraft after delivery, which may include, but not be limited to, retrofit kit changes (kits and/or information), training, flight services, maintenance and
repair of aircraft. Such additional services will be subject to a mutually acceptable price, schedule, scope of work and other applicable terms and conditions. The DISCLAIMER AND RELEASE and the EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES
provisions in Article 11 of Part 2 of Exhibit C of this AGTA and the insurance provisions in Article 8.2 of this AGTA will apply to any such work. Title to and risk of loss of any such aircraft will always remain with Customer. 

  

					
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PART 3: TECHNICAL INFORMATION AND MATERIALS 
  

	1.	 General. 

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

Digitally-produced Materials will, if applicable, be prepared generally in accordance with ATA Specification
No. 2100, dated January 1994, “Digital Data Standards for Aircraft Support.” 
  

	2.	 Materials Planning Conferences. 

 Customer and Boeing will conduct planning conferences approximately 12 months before the scheduled delivery month of the first aircraft of a model in order to mutually determine the proper format and
quantity of Materials to be furnished to Customer in support of the aircraft. 
 When available, Customer may
select one Boeing digital format as the delivery medium. Should a Boeing digital format not be chosen, Customer may select a reasonable quantity of printed and 16mm microfilm formats, with the exception of the Illustrated Parts Catalog, which will
be provided in one selected format only. 
  

	3.	 Information and Materials - Incremental Increase. 

Until one year after the month of delivery of the last aircraft covered by a specific purchase agreement, Customer may
annually request in writing a reasonable increase in 

  

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

	4.	 Advance Representative Copies. 

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

 

	5.	 Customized Materials. 

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

	6.	 Revisions. 

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

	7.	 Supplier Technical Data. 

 7.1 For supplier-manufactured programmed airborne avionics components and equipment classified as Seller Furnished Equipment (SFE) or Seller Purchased Equipment (SPE) or Buyer Designated
Equipment (BDE) which contain computer software designed and developed in accordance with Radio Technical Commission for Aeronautics Document No. RTCA/DO-178 dated January 1982, No. RTCA/DO-178A dated March 1985, or later as
available, Boeing will request that each supplier of the components and equipment make software documentation available to Customer. 
 7.2 The provisions of this Article will not be applicable to items of BFE. 
 7.3 Boeing will furnish to Customer a document identifying the terms and conditions of the product support agreements between Boeing and its suppliers requiring

  

					
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the suppliers to fulfill Customer’s requirements for information and services in support of the specific model of aircraft. 

 

	8.	 Buyer Furnished Equipment Data. 

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

 

	9.	 Materials Shipping Charges. 

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

 

	10.	 Customer’s Shipping Address. 

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

  

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

1. a labor stoppage or dispute in progress involving Customer; 

2. wars or warlike operations, riots or insurrections in the country where the facility is located; 

3. any condition at the facility which, in the opinion of Boeing, is detrimental to the general health, welfare or safety
of its personnel or their families; 
 4. the United States Government refuses permission to Boeing personnel or
their families to enter into the country where the facility is located, or recommends that Boeing personnel or their families leave the country; or 
 5. the United States Government refuses permission to Boeing to deliver Materials, services, training or other things to the country where the facility is located. 

After the location of Boeing personnel at the facility, Boeing further reserves the right, upon the occurrence of any of such events, to
immediately and without prior notice to Customer relocate its personnel and their families. 

  

					
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PART 5: PROTECTION OF PROPRIETARY INFORMATION 
 AND PROPRIETARY MATERIALS 
  

	1.	 General. 

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

	2.	 License Grant. 

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

	3.	 Use of Proprietary Materials and Proprietary Information. 

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

	4.	 Providing of Proprietary Materials to Contractors. 

Customer is authorized to provide Proprietary Materials to Customer’s contractors for the sole purpose of
maintenance, repair, or modification of Customer’s aircraft for which the Proprietary Materials have been specified by Boeing. In addition, Customer may provide Proprietary Materials to Customer’s contractors for the sole purpose of

  

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

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

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

  

					
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 EXHIBIT C 
 to 
 AIRCRAFT GENERAL TERMS AGREEMENT 

AGTA-FED 

between 

THE BOEING COMPANY 
 and 
 FEDERAL EXPRESS CORPORATION 

PRODUCT ASSURANCE DOCUMENT 
 This document contains: 
 Part 1: Exhibit C Definitions

 Part 2: Boeing Warranty 

Part 3 Boeing Service Life Policy 

Part 4: Supplier Warranty Commitment 

Part 5: Boeing Interface Commitment 
 Part 6: Boeing Indemnities against Patent and Copyright Infringement 

  

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

Average Direct Hourly Labor Rate—the average hourly rate (excluding all fringe benefits, premium-time
allowances, social charges, business taxes and the like) paid by Customer to its Direct Labor employees. 

Boeing Product—any system, accessory, equipment, part or Aircraft Software that is manufactured by
Boeing or manufactured to Boeing’s detailed design with Boeing’s authorization. 

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

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

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

 Direct Labor—Labor spent by Customer’s direct labor employees to access, remove,
disassemble, modify, repair, inspect and bench test a defective Boeing Product, and to reassemble, reinstall a Corrected Boeing Product and perform final inspection and testing. 

Direct Materials—Items such as parts, gaskets, grease, sealant and adhesives, installed or consumed in
performing a Correction, excluding allowances for administration, overhead, taxes, customs duties and the like. 

Rogue Unit—A Boeing Product, on which an unscheduled removal due to breach of warranty occurs
three (3) or more times both (i) within the warranty period and (ii) within either twelve (12) consecutive months or one thousand (1,000) consecutive operating hours. 

Service Life Policy (SLP) Component/Item Any primary structural element (excluding industry standard
parts), such as landing gear, wing, fuselage, vertical, or horizontal stabilizer, listed in the applicable purchase agreement for a specific model of aircraft, either installed in the aircraft at the time of delivery or purchased from Boeing by
Customer as a spare part. The detailed (SLP) Component/Item list is contained in Supplemental Exhibit SLP1 to the applicable Purchase Agreement. 

  

					
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 Specification Control Drawing (SCD)—a Boeing document
defining specifications for certain Supplier Products. 
 Supplier—the manufacturer of a
Supplier Product. 
 Supplier Product—any system, accessory, equipment, part or Aircraft
Software that is not manufactured to Boeing’s detailed design. This includes but is not limited to parts manufactured to a SCDrawing, all standards, and other parts obtained from non-Boeing sources. 

  

					
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PART 2: BOEING WARRANTY 
  

	1.	 Applicability. 

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

	2.	 Warranty. 

  

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

 

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

  

	 	(ii)	 all Boeing Products will be free from defects in material, process of manufacture and workmanship, including the workmanship utilized to install
Supplier Products, engines and BFE, and; 

  

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

  

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

 

	 	(i)	 conditions resulting from normal wear and tear; 

  

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

 

	 	(iii)	 conditions resulting from failure to properly service and maintain a Boeing Product. 

 

	3.	 Warranty Periods. 

 3.1 Warranty. The warranty period begins on the date of aircraft, or Boeing Product, delivery (Delivery) and ends 48 months after Delivery. 

3.2 Warranty on Corrected Boeing Products. The warranty period applicable to a Corrected Boeing Product shall
begin on the date of delivery of the Corrected Boeing Product or date of delivery of the kit or kits furnished to Correct the Boeing Product and shall be for the period specified immediately below: 

  

					
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 (i) For Corrected Boeing Products which have been Corrected
because of a defect in material, the applicable warranty period is the remainder of the initial warranty period for the defective Boeing Product. 

(ii) For Corrected Boeing Products which have been Corrected because of defect in workmanship, the
applicable warranty period is the remainder of the initial warranty or 12 months following the date of delivery of the Corrected Boeing Product, whichever is longer. 

(iii) For Corrected Boeing Products which have been Corrected because of a defect in design, the
applicable warranty period is 18 months or the remainder of the initial warranty period, whichever is longer. 

3.3 Survival of Warranties. All warranty periods are stated above. The Performance Guarantees will not survive
delivery of the aircraft. 
  

	4.	 Remedies. 

 4.1 Correction Options. Customer may, at its option, either perform a Correction of a defective Boeing Product or return the Boeing Product to Boeing for Correction. During the warranty period,
Boeing will not charge Customer for tests on Boeing Products returned to Boeing for Correction on which Boeing is unable to confirm the failure claimed, provided: 
  

	 	(i)	 Boeing’s written instructions were followed by the Customer for testing the Boeing Product prior to its return to Boeing, and

  

	 	(ii)	 Customer’s claim includes all applicable documentation of such tests with the returned Boeing Product, including but not limited to: Central
Maintenance Computer (CMC), Flight Maintenance Computer System, (FMCS), Flight Isolation Manual (FIM), Engine Indicating and Crew Alerting System (EICAS) or Built In Test Equipment (BITE) messages. 

4.2 Warranty Inspections. In addition to the remedies to Correct defects in Boeing Products described in Article
7.3, below, Boeing will reimburse Customer for the cost of Direct Labor to perform certain inspections of the aircraft to determine the occurrence of a condition Customer has claimed and Boeing has identified as a covered defect, provided the
inspections are recommended by a service bulletin or service letter issued by Boeing during the warranty period. 

  

					
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 Such reimbursement will not apply to any inspections performed after a Correction is
available to Customer and Customer has had a reasonable time to incorporate the Correction, given the Customer’s fleet size and maintenance schedule. 
  

	 	4.3	 Rogue Units. 

 4.3.1 Upon written request, Boeing will lend Customer at no charge an interchangeable Boeing Product in exchange for a Rogue Unit. Within ten (10) calendar days of its receipt of the loaned Boeing
Product, Customer will ship the Rogue Unit to Boeing. Customer will provide with the Rogue Unit verification of the following requirements: 
  

	 	(i)	 The removed Boeing Product failed three (3) times within twelve (12) consecutive months or one thousand (1000) consecutive operating
hours during the warranty period following initial delivery, 

  

	 	(ii)	 Removals were performed in compliance with flight or maintenance manuals approved by the FAA or the comparable regulatory agency for the country in
which the aircraft is registered, and 

  

	 	(iii)	 Any Corrections or tests to the Boeing Product were performed by Customer according to the latest revision of the Boeing Component Maintenance
Manual (CMM), according to written instructions from Boeing, or by Boeing. 

4.3.2 Upon receipt of a Rogue Unit and the required verifications, Boeing will, at no-charge to Customer,
either replace the Rogue Unit with a new Boeing Product or, if otherwise agreed, allow Customer to retain the loaned, Boeing Product. 
  

	5.	 Discovery and Notice. 

  

	 	5.1	 For notice to be effective: 

  

	 	(i)	 the defect, failure or in-service problem must be discovered during the warranty period; and 

 

	 	(ii)	 Boeing Warranty must receive written notice of the discovery no later than 180 days after expiration of the warranty period. The notice must include
sufficient information to substantiate the claim. 

  

					
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 5.2 Receipt of Customer’s or its Authorized Agent’s notice of the
discovery of a defect secures Customer’s rights to remedies under this Exhibit C, even though a Correction is performed after the expiration of the warranty period. 

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

	6.	 Filing a Claim. 

 6.1 Authority to File. Claims may be filed by Customer or its Authorized Agent. Appointment of an Authorized Agent will only be effective upon Boeing’s receipt of the Authorized Agent’s
express written agreement, in a form satisfactory to Boeing, to be bound by and to comply with all applicable terms and conditions of this Aircraft General Terms Agreement. 

6.2 Claim Information. 

6.2.1 Claimant is responsible for providing sufficient information to substantiate Customer’s rights
to remedies under this Exhibit C. Boeing may reject a claim for lack of sufficient information. At a minimum, such information must include: 
  

	 	(i)	 identity of claimant; 

  

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

 

	 	(iii)	 part number and nomenclature of the defective Boeing Product; 

 

	 	(iv)	 purchase order number and date of delivery of the defective spare part; 

 

	 	(v)	 description and substantiation of the defect; 

  

	 	(vi)	 date the defect was discovered; 

  

	 	(vii)	 date the Correction was completed; 

  

					
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	 	(viii)	 the total flight hours or cycles accrued, if applicable; 

 

	 	(ix)	 an itemized account of direct labor hours expended in performing the Correction; and 

 

	 	(x)	 an itemized account of any direct materials incorporated in the Correction. 

6.2.2 Additional information may be required based on the nature of the defect and the remedies
requested. 
 6.3 Boeing Claim Processing. 

6.3.1 Any claim for a Boeing Product returned by Customer or its Authorized Agent to Boeing for
Correction must accompany the Boeing Product. Any claim not associated with the return of a Boeing Product must be submitted signed and in writing directly by Customer or its Authorized Agent to Boeing Warranty by any of the methods identified in
Article 11, “Notice,” of the AGTA or through an internet portal and process specified by Boeing. 
 6.3.2 Boeing will promptly review the claim and will give notification of claim approval or rejection. If the claim is rejected, Boeing will provide a written explanation. 

 

	7.	 Corrections Performed by Customer or Its Authorized Agent. 

7.1 Facilities Requirements. Provided Customer, its Authorized Agent or its third party contractor, as
appropriate, are certified by the appropriate Civil Aviation Authority or Federal Aviation Authority, Customer or its Authorized Agent may, at its option, Correct defective Boeing Products at its facilities or may subcontract Corrections to a third
party contractor. 
 7.2 Technical Requirements. All Corrections done by Customer, its Authorized Agent
or a third party contractor must be performed in accordance with Boeing’s applicable service manuals, bulletins or other written instructions, using parts and materials furnished or approved by Boeing. 

 

	7.3	 Reimbursement. 

 7.3.1 Boeing will reimburse Customer’s reasonable costs of Direct Materials and Direct Labor by credit memorandum (excluding labor hours expended for overhaul) at Customer’s Warranty Labor Rate
to Correct a defective Boeing Product. Claims for reimbursement must contain sufficient information to substantiate Direct Labor hours expended and Direct Materials consumed. 

  

					
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Customer or its Authorized Agent may be required to produce invoices for materials. 
 7.3.2 Customer’s established Warranty Labor Rate will be the greater of the standard labor rate or 150% of Customer’s Average Direct Hourly Labor Rate. The standard labor rate paid by Boeing to
its customers is established and published annually. Prior to or concurrently with submittal of Customer’s first claim for Direct Labor reimbursement, Customer may notify Boeing of Customer’s then-current Average Direct Hourly Labor Rate
and thereafter notify Boeing of any material change in such rate. Boeing will require information from Customer to substantiate such rates. 
 7.3.3 Reimbursement for Direct Labor hours to perform Corrections stated in a service bulletin will be based on the labor estimates in the service bulletin. 

7.3.4 Boeing will provide to Customer a single, lump sum credit memorandum for Customer’s Direct
Labor hours expended to incorporate the Corrections (other than of random anomalies) identified in service bulletins and service letters in all in-warranty aircraft covered by such service bulletins or service letters after Customer’s
submission of a warranty claim and verification of the incorporation of such Corrections with respect to the first affected in-warranty aircraft. Such credit memoranda will not be provided in response to any other requests for reimbursement
including, without limitation, those arising out of program letters or other special offers provided by Boeing. 
 7.3.5 Boeing will reimburse Customer’s freight charges associated with a Correction of a defect on a Boeing Product performed by its Authorized Agent or a third party contractor, including but not
limited to, kits provided to Customer at no additional cost. 
 7.3.6 Maximum
Reimbursement. Unless previously agreed in writing, the maximum reimbursement for Direct Labor and Direct materials for repair of a defective Boeing Product will not exceed 65% of Boeing’s then-current sales price for a new replacement
Boeing Product. Inspection, removal, reinstallation labor, final testing, inspection and transportation costs are separate and are not to be included in the cost elements used to determine the 65% limit. By mutual agreement between Customer and
Boeing, Boeing may provide a replacement Product to Customer in lieu of credit reimbursement. 
 7.4
Disposition of Defective Boeing Products Beyond Economical Repair. 
 7.4.1 A defective
Boeing Product found to be beyond economical repair (see Para. 7.3.6) will be retained for a period of 30 days from the date Boeing 

  

					
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receives Customer’s claim. During the 30 day period, Boeing may request return of such Boeing Products for inspection and confirmation of a defect. 

7.4.2 After the 30 day period, a defective Boeing Product with a value of U.S. $4,000 or less may be
scrapped without notification to Boeing. Boeing will reimburse Customer or its Authorized Agent for the charge for any item determined to be defective under this Aircraft General Terms Agreement. If such Boeing Product has a value greater than U.S,
$4,000, Customer must obtain confirmation of unrepairability by Boeing’s on-site Customer Services Representative prior to scrapping. Confirmation may be in the form of the Representative’s signature on Customer’s claim or through
direct communication between the Representative and Boeing Warranty. 
  

	8.	 Corrections Performed by Boeing. 

 8.1 Freight Charges. Customer or its Authorized Agent will pre-pay freight charges to return a Boeing Product to Boeing. If during the period of the applicable warranty Boeing determines the Boeing
Product to be defective, Boeing will pre-pay shipping charges to return the Corrected Boeing Product. Boeing will reimburse Customer or its Authorized Agent for freight charges for Boeing Products returned to Boeing for Correction and determined to
be defective. 
 8.2 Customer Instructions. The documentation shipped with the returned defective Boeing
Product may include specific technical instructions for additional work to be performed on the Boeing Product. The absence of such instructions will evidence Customer’s authorization for Boeing to perform all necessary Corrections and work
required to return the Boeing Product to a serviceable condition. 
 8.3 Correction Time Objectives.

 8.3.1 Boeing’s objective for making Corrections is 10 working days for avionics and
electronic Boeing Products, 30 working days for Corrections of other Boeing Products performed at Boeing’s facilities and 40 working days for Corrections of other Boeing Products performed at a Boeing subcontractor’s facilities. The
objectives are measured from the date Boeing receives the defective Boeing Product and a valid claim to the date Boeing ships the Corrected Boeing Product. 

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

  

					
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 8.4 Title Transfer and Risk of Loss. 

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

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

 

	 	9.	 Returning an Aircraft. 

 9.1 Conditions. An aircraft may be returned to Boeing’s facilities for Correction only if: 
 (i) Boeing and Customer agree a covered defect exists; 
 (ii)
Customer lacks access to adequate facilities, equipment or qualified personnel to perform the Correction; and 

(iii) it is not practical, in Boeing’s estimation, to dispatch Boeing personnel to perform the Correction at a
remote site. 
 9.2 Correction Costs. Boeing will perform the Correction at no charge to Customer.
Subject to the conditions of Article 9.1, Boeing will reimburse Customer for the costs of fuel, oil, other required fluids and landing fees incurred in ferrying the aircraft to Boeing and back to Customer’s facilities. Customer will minimize
the length of both flights. 
 9.3 Separate Agreement. Prior to the return of an aircraft to Boeing,
Boeing and Customer will enter into a separate agreement covering return of the aircraft and performance of the Correction. Authorization by Customer for Boeing to perform additional work that is not part of the Correction must be received within 24
hours of Boeing’s request. If such authorization is not received within 24 hours, Customer will be invoiced for work performed by Boeing that is not part of the Correction. 

 

	10.	 Insurance. 

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

  

					
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	11.	 Disclaimer and Release; Exclusion of Liabilities. 

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

  

	 	(A)	 ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

 

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

 

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

 

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

11.2 EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES. BOEING WILL HAVE NO OBLIGATION OR LIABILITY, WHETHER ARISING IN
CONTRACT (INCLUDING WARRANTY), TORT, WHETHER OR NOT ARISING FROM THE NEGLIGENCE OF BOEING, OR OTHERWISE, FOR LOSS OF USE, REVENUE OR PROFIT, OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NONCONFORMANCE OR DEFECT IN ANY
AIRCRAFT, MATERIALS, TRAINING, SERVICES OR OTHER THING PROVIDED UNDER THIS AGTA AND THE APPLICABLE PURCHASE AGREEMENT. 
 11.4 Definitions. For the purpose of this Article, “BOEING” or “Boeing” is defined as The Boeing Company, its divisions, subsidiaries, affiliates, the assignees of each, and
their respective directors, officers, employees and agents. 

  

					
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 PRODUCT ASSURANCE DOCUMENT 

PART 3: BOEING SERVICE LIFE POLICY 
  

	1.	 Definitions. 

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

	2.	 Service Life Policy. 

 2.1 SLP Commitment. If a failure is discovered in a SLP Component/Item within the time periods specified in Article 2.2 below, Boeing will provide Customer a replacement SLP Component/Item at the
price calculated pursuant to Article 3.1, below. If requested by Customer as an alternative remedy, Boeing will reimburse Customer in accordance with the provisions of Exhibit C, Part 2, Article 7.3, for Direct Labor and Direct Material for repair
of a failed SLP Component/Item an amount not to exceed the difference between Boeing’s then current spare parts price for such SLP Component/Item and the price determined pursuant to Article 3, below. 

2.2 SLP Policy Periods. 

2.2.1 The policy period for SLP Components initially installed on an aircraft is 12 years after the date
of delivery of the aircraft except that for SLP Components initially installed on a 787 aircraft the policy period is 15 years after the date of delivery of the aircraft. 

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

  

					
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	3.	 Price. 

 The price Customer will pay for replacement of a failed SLP Component/Item will be calculated pursuant to the following formula: 

P = CT  

      144 

where: 
  

			
	 P =
	    	price to Customer for the replacement part
	 C =
	    	SLP Component sales price at time of replacement
	 T =
	    	total age in months of the failed SLP Component from the date of delivery to Customer to the date of discovery of such condition.

  

	4.	 Conditions. 

 Boeing’s obligations under this Part 3 of Exhibit C, “Boeing Service Life Policy,” (Policy) are conditioned upon the following: 

4.1 Customer must notify Boeing in writing of the failure within three months after it is discovered. 

4.2 Customer must provide reasonable evidence that the claimed failure is covered by this Policy and if requested by
Boeing, that such failure was not the result of: 
  

	 	(i)	 a defect or failure in a component not covered by this Policy, 

 

	 	(ii)	 an extrinsic force, 

  

	 	(iii)	 an act or omission of Customer, or 

  

	 	(iv)	 operation or maintenance contrary to applicable governmental regulations or Boeing’s instructions. 

4.3 If return of a failed SLP Component/Item is practicable and requested by Boeing, Customer will return such SLP
Component/Item to Boeing at Boeing’s expense. 
 4.4 Customer’s rights and remedies under this Policy
are limited to the receipt of a Correction pursuant to Article 2 above. 
  

	5.	 Disclaimer and Release; Exclusion of Liabilities. 

This Part 3 and the rights and remedies of Customer and the obligations of Boeing are subject to the DISCLAIMER AND
RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES provisions of Article 11 of Part 2 of this Exhibit C. 

  

					
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 PRODUCT ASSURANCE DOCUMENT 

PART 4: SUPPLIER WARRANTY COMMITMENT 
  

	1.	 Supplier Warranties and Supplier Patent and Copyright Indemnities. 

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

	2.	 Boeing Assistance in Administration of Supplier Warranties. 

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

 

	3.	 Boeing Support in Event of Supplier Default. 

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

  

					
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 PRODUCT ASSURANCE DOCUMENT 

PART 5: BOEING INTERFACE COMMITMENT 
  

	1.	 Interface Problems. 

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

	2.	 Boeing Responsibility. 

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

	3.	 Supplier Responsibility. 

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

	4.	 Joint Responsibility. 

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

 

	5.	 General. 

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

  

					
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	6.	 Disclaimer and Release; Exclusion of Liabilities. 

This Part 5 and the rights and remedies of Customer and the obligations of Boeing herein are subject to the DISCLAIMER
AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES provisions of Article 11 of Part 2 of this Exhibit C. 

  

					
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 PRODUCT ASSURANCE DOCUMENT 

PART 6: BOEING INDEMNITIES AGAINST PATENT AND COPYRIGHT INFRINGEMENT 

 

	1.	 Indemnity Against Patent Infringement. 

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

	2.	 Indemnity Against Copyright Infringement. 

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

	3.	 Exceptions, Limitations and Conditions. 

3.1 Boeing’s obligation to indemnify Customer for patent infringement will extend only to infringements in countries
which, at the time of the infringement, were party to and fully bound by either (a) Article 27 of the Chicago Convention on International Civil Aviation of December 7, 1944, or (b) the International Convention for the Protection of
Industrial Property (Paris Convention). 
 3.2 Boeing’s obligation to indemnify Customer for copyright
infringement is limited to infringements in countries which, at the time of the infringement, are members of The Berne Union and recognize computer software as a “work” under The Berne Convention. 

3.3 The indemnities provided under this Part 6 will not apply to any BFE engines, Supplier Product, Boeing Product used
other than for its intended purpose, or Aircraft Software not created by Boeing. 
 3.4 Customer must deliver
written notice to Boeing (i) within 10 days after Customer first receives notice of any suit or other formal action against Customer and (ii) within 20 days after Customer first receives any other allegation or written claim of
infringement covered by this Part 6. 

  

					
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 3.5 At any time, Boeing will have the right at its option and expense to:
(i) negotiate with any party claiming infringement, (ii) assume or control the defense of any infringement allegation, claim, suit or formal action provided that Boeing will not agree to any settlement or agreement which would have the
effect of preventing Customer from using any Boeing Product or Aircraft Software or replacement therefore as provided in (iv) below, (iii) intervene in any infringement suit or formal action, and/or (iv) attempt to resolve any claim
of infringement by replacing an allegedly infringing Boeing Product or Aircraft Software with a noninfringing equivalent. 
 3.6 Customer will promptly furnish to Boeing all information, records and assistance within Customer’s possession or control which Boeing considers relevant or material to any alleged infringement
covered by this Part 6. 
 3.7 Except as required by a final judgment entered against Customer by a court of
competent jurisdiction from which no appeals can be or have been filed, Customer will obtain Boeing’s written approval prior to paying, committing to pay, assuming any obligation or making any material concession relative to any infringement
covered by these indemnities. 
 3.8 BOEING WILL HAVE NO OBLIGATION OR LIABILITY UNDER THIS PART 6 FOR LOSS OF
USE, REVENUE OR PROFIT, OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES (THE FOREGOING SENTENCE DOES NOT APPLY TO ANY CLAIM MADE AGAINST CUSTOMER FOR LOSS OF USE, REVENUE OR PROFIT, OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES BY THE
PATENT OR COPYRIGHT OWNER OR ANY PARTY PROPERLY CLAIMING A LEGAL CAUSE OF ACTION THROUGH AN INTEREST GRANTED BY SUCH OWNER). THE OBLIGATIONS OF BOEING AND REMEDIES OF CUSTOMER IN THIS PART 6 ARE EXCLUSIVE AND IN SUBSTITUTION FOR, AND CUSTOMER HEREBY
WAIVES, RELEASES AND RENOUNCES ALL OTHER INDEMNITIES, OBLIGATIONS AND LIABILITIES OF BOEING AND ALL OTHER RIGHTS, CLAIMS AND REMEDIES OF CUSTOMER AGAINST BOEING, EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO ANY ACTUAL OR ALLEGED
PATENT, COPYRIGHT OR OTHER INTELLECTUAL PROPERTY INFRINGEMENT OR THE LIKE BY ANY AIRCRAFT, AIRCRAFT SOFTWARE, MATERIALS, TRAINING, SERVICES OR OTHER THING PROVIDED UNDER THIS AGTA AND THE APPLICABLE PURCHASE AGREEMENT. 

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

  

					
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 Appendix I 

SAMPLE 

Insurance Certificate 
 BROKER’S LETTERHEAD 
 Date: 
 Certificate of Insurance 
 ISSUED TO: The Boeing Company 

Post Office Box 3707 

Mail Code 13-57 

Seattle, Washington 98124 

Attn: Manager—Aviation Insurance for 

Vice President—Employee Benefits, 

Insurance and Taxes 
 CC:                 Boeing Commercial Airplanes 

P.O. Box 3707 

Mail Code 21-34 

Seattle, Washington 98124-2207 

U.S.A. 

Attn: Vice President—Contracts 
 NAMED INSURED: Federal Express Corporation 
 We hereby
certify that in our capacity as Brokers to the Named Insured, the following described insurance is in force on this date: 
  

					
	Insurer	  	Policy No.	  	Participation

 POLICY PERIOD: From
                    to                     .

 GEOGRAPHICAL LIMITS: Worldwide (however, as respects “Aircraft Hull War and Allied Perils” Insurance,
as agreed by Boeing). 

  
 Appendix I Page
A-1 

 Appendix I 

SAMPLE 

Insurance Certificate 
 AIRCRAFT INSURED: All Boeing manufactured aircraft owned or operated by the Named Insured which are the subject of the following purchase agreement(s), entered into between The Boeing
Company and                     (hereinafter Aircraft): 

Purchase Agreement No.
                    dated                     ,
20                     
 Purchase Agreement No.                     dated
                    , 20                    

 COVERAGES: 
 1. Aircraft “all risks” Hull (Ground and Flight) 
 2. Aircraft Hull War
and Allied Perils (as per LSW 555, or its successor wording) 
 3. Airline Liability 

Including, but not limited to, Bodily Injury, Property Damage, Aircraft Liability, Liability War Risks, Passenger Legal
Liability, //Premises/Operations// Liability, Completed //Operations/Products// Liability, Baggage Legal Liability (checked and unchecked), Cargo Legal Liability, Contractual Liability and Personal Injury. 

The above-referenced Airline Liability insurance coverage is subject to War and Other Perils Exclusion Clause (AV48B) but
all sections, other than Section (b) are reinstated as per AV52C, or their successor endorsements. 
 LIMITS OF
LIABILITY: To the fullest extent of the Policy limits that the Named Insured carries from the time of delivery of the first Aircraft under the first Purchase Agreement listed under “Aircraft Insured” and thereafter at the inception
of each policy period, but in any event no less than the following: 
 Combined Single Limit Bodily Injury and
Property Damage: U.S. Dollars ($) any one occurrence each Aircraft (with aggregates as applicable). 

  
 Appendix I Page
A-2 

 Appendix I 

SAMPLE 

Insurance Certificate 
  

			September 30,
	 (737-500/600)
	    	US$350,000,000
	 (737-300/700)
	    	US$400,000,000
	 (737-400)
	    	US$450,000,000
	 (737-800/900)
	    	US$500,000,000
	 (757-200)
	    	US$525,000,000
	 (757-300)
	    	US$550,000,000
	 (767-200)
	    	US$550,000,000
	 (767-300)
	    	US$700,000,000
	 (767-400ERX)
	    	US$750,000,000
	 (787)
	    	US$700,000,000
	 (777)
	    	US$800,000,000
	 (747)
	    	US$900,000,000

 (In regard to all other models and/or derivatives, to be specified by Boeing). 

(In regard to Personal Injury coverage, limits are Twenty-five million U.S. Dollars ($25,000,000) any one offense.) 

DEDUCTIBLES / SELF-INSURANCE: Any deductible and/or self-insurance amount (other than standard market deductibles) are to
be disclosed and agreed by Boeing. 
 SPECIAL PROVISIONS APPLICABLE TO BOEING: It is certified that Insurers are
aware of the terms and conditions of AGTA-FED and the following purchase agreements: 
 Purchase Agreement No.
                    dated                     ,
20                     
 Purchase Agreement No.                     dated
                    , 20                    

 Purchase Agreement No.
                    dated                     ,
20                     
 Each Aircraft manufactured by Boeing which is delivered to the Insured pursuant to the applicable purchase agreement during the period of effectivity of the policies represented by this Certificate will
be covered to the extent specified herein. 
 Insurers have agreed to the following: 

1. In regard to Aircraft “all risks” Hull Insurance and Aircraft Hull War and Allied Perils Insurance, Insurers agree to waive
all rights of subrogation or recourse against Boeing in accordance with AGTA-FED which was incorporated by reference into the applicable purchase agreement. 

  
 Appendix I Page
A-3 

 Appendix I 

SAMPLE 

Insurance Certificate 
  

	2.	 In regard to Airline Liability Insurance, Insurers agree: 

2.1 To include Boeing as an additional insured in accordance with Customer’s undertaking in Article 8.2.1 of
AGTA-FED which was incorporated by reference into the applicable purchase agreement. 
 2.2 To provide that such
insurance will be primary and not contributory nor excess with respect to any other insurance available for the protection of Boeing; 
 2.3 To provide that with respect to the interests of Boeing, such insurance shall not be invalidated or minimized by any action or inaction, omission or misrepresentation by the Insured or any other
person or party (other than Boeing) regardless of any breach or violation of any warranty, declaration or condition contained in such policies; 
 2.4 To provide that all provisions of the insurance coverage’s referenced above, except the limits of liability, will operate to give each Insured or additional insured the same protection as if
there were a separate Policy issued to each. 
  

	3.	 In regard to all of the above referenced policies: 

3.1 Boeing will not be responsible for payment, set-off, or assessment of any kind or any premiums in connection with the
policies, endorsements or coverage’s described herein; 
 3.2 If a policy is canceled for any reason
whatsoever, or any substantial change is made in the coverage which affects the interests of Boeing or if a policy is allowed to lapse for nonpayment of premium, such cancellation, change or lapse shall not be effective as to Boeing for
thirty (30) days (in the case of war risk and allied perils coverage seven (7) days after sending, or such other period as may from time to time be customarily obtainable in the industry) after receipt by Boeing of written notice from the
Insurers or the authorized representatives or Broker of such cancellation, change or lapse; and 
 3.3 For the
purposes of the Certificate, “Boeing” is defined as The Boeing Company, its divisions, subsidiaries, affiliates, the assignees of each and their respective directors, officers, employees and agents. 

Subject to the terms, conditions, limitations and exclusions of the relative policies. 

 
  

			
	Name:	 	  

		
	Title:	 	  

  
 Appendix I Page
A-4 

 Appendix II 

SAMPLE 

Purchase Agreement Assignment 
 THIS PURCHASE AGREEMENT ASSIGNMENT (Assignment) dated as of             ,
20            is between             , a company organized under the laws of
            (Assignor) and             , a company organized under the laws of
            (Assignee). Capitalized terms used herein without definition will have the same meaning as in the Boeing Purchase Agreement. 

Assignor and The Boeing Company, a Delaware corporation (Boeing), are parties to the Boeing Purchase Agreement,
providing, among other things, for the sale by Boeing to Assignor of certain aircraft, engines and related equipment, including the Aircraft. 
 Assignee wishes to acquire the Aircraft and certain rights and interests under the Boeing Purchase Agreement and Assignor, on the following terms and conditions, is willing to assign to Assignee certain
of Assignor’s rights and interests under the Boeing Purchase Agreement. Assignee is willing to accept such assignment. 
 It is agreed as
follows: 
  

	1.	 For all purposes of this Assignment, the following terms will have the following meanings: 

Aircraft—one Boeing
Model             aircraft, bearing manufacturer’s serial number             , together with all engines and parts
installed on such aircraft on the Delivery Date. 
 Boeing—Boeing shall include any
wholly-owned subsidiary of Boeing, and its successors and assigns. 
 Boeing Purchase
Agreement—Purchase Agreement No.             dated as of             between Boeing and Assignor, as amended,
but excluding             , providing, among other things, for the sale by Boeing to Assignor of the Aircraft, as said agreement may be further amended to the extent permitted by its terms.
The Purchase Agreement incorporated by reference Aircraft General Terms Agreement AGTA-FED (AGTA). 

Delivery Date—the date on which the Aircraft is delivered by Boeing to Assignee pursuant to and
subject to the terms and conditions of the Boeing Purchase Agreement and this Assignment. 
 2. Assignor does hereby assign to
Assignee all of its rights and interests in and to the Boeing Purchase Agreement, as and to the extent that the same relate to the Aircraft and the purchase and operation thereof, except as and to the extent expressly reserved below, including,
without limitation, in such assignment: 

  
 Appendix II
Page A-5 

 Appendix II 

SAMPLE 

Purchase Agreement Assignment 
 {EXAMPLES 
  

	 	(i)	 the right upon valid tender to purchase the Aircraft pursuant to the Boeing Purchase Agreement subject to the terms and conditions thereof and
the right to take title to the Aircraft and to be named the “Buyer” in the bill of sale for the Aircraft; 

  

	 	(ii)	 the right to accept delivery of the Aircraft; 

 

	 	(iii)	 all claims for damages arising as a result of any default under the Boeing Purchase Agreement in respect of the Aircraft;

  

	 	(iv)	 all warranty and indemnity provisions contained in the Boeing Purchase Agreement, and all claims arising thereunder, in respect of the Aircraft;
and 

  

	 	(v)	 any and all rights of Assignor to compel performance of the terms of the Boeing Purchase Agreement in respect of the Aircraft.}

 Reserving exclusively to Assignor, however: 
 {EXAMPLES 
  

	 	(i)	 all Assignor’s rights and interests in and to the Boeing Purchase Agreement as and to the extent the same relates to aircraft other than the
Aircraft, or to any other matters not directly pertaining to the Aircraft; 

  

	 	(ii)	 all Assignor’s rights and interests in or arising out of any advance or other payments or deposits made by Assignor in respect of the
Aircraft under the Boeing Purchase Agreement and any amounts credited or to be credited or paid or to be paid by Boeing in respect of the Aircraft; 

 

	 	(iii)	 the right to obtain services, training, information and demonstration and test flights pursuant to the Boeing Purchase Agreement; and

  

	 	(iv)	 the right to maintain plant representatives at Boeing’s plant pursuant to the Boeing Purchase Agreement.} 

  
 Appendix II
Page A-6 

 Appendix II 

SAMPLE 

Purchase Agreement Assignment 
 Assignee hereby accepts such assignment. 
 3. Notwithstanding the foregoing, so
long as no event of default or termination under [specify document] has occurred and is continuing, Assignee hereby authorizes Assignor, to the exclusion of Assignee, to exercise in Assignor’s name all rights and powers of Customer under the
Boeing Purchase Agreement in respect of the Aircraft. 
 4. For all purposes of this Assignment, Boeing will not be deemed to
have knowledge of or need recognize the occurrence, continuance or the discontinuance of any event of default or termination under [specify document] unless and until Boeing receives from Assignee written notice thereof, addressed to its Vice
President—Contracts, Boeing Commercial Airplanes at P.O. Box 3707, Seattle, Washington 98124, if by mail, or to 425-237-1706, if by facsimile. Until such notice has been given, Boeing will be entitled to deal solely and exclusively with
Assignor. Thereafter, until Assignee has provided Boeing written notice that any such events no longer continue, Boeing will be entitled to deal solely and exclusively with Assignee. Boeing may act with acquittance and conclusively rely on any such
notice. 
 5. It is expressly agreed that, anything herein contained to the contrary notwithstanding: (a) prior to the
Delivery Date Assignor will perform its obligations with respect to the Aircraft to be performed by it on or before such delivery, (b) Assignor will at all times remain liable to Boeing under the Boeing Purchase Agreement to perform all
obligations of Customer thereunder to the same extent as if this Assignment had not been executed, and (c) the exercise by Assignee of any of the assigned rights will not release Assignor from any of its obligations to Boeing under the Boeing
Purchase Agreement, except to the extent that such exercise constitutes performance of such obligations. 
 6. Notwithstanding
anything contained in this Assignment to the contrary (but without in any way releasing Assignor from any of its obligations under the Boeing Purchase Agreement), Assignee confirms for the benefit of Boeing that, insofar as the provisions of the
Boeing Purchase Agreement relate to the Aircraft, in exercising any rights under the Boeing Purchase Agreement, or in making any claim with respect to the Aircraft or other things (including, without limitation, Material, training and services)
delivered or to be delivered, the terms and conditions of the Boeing Purchase Agreement, including, without limitation, the DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES in Article 11 of Part 2 of
Exhibit C to the Aircraft General Terms Agreement which was incorporated by reference into the Boeing Purchase Agreement and the insurance provisions in Article 8.2 of the Aircraft General Terms Agreement which was incorporated by
reference into the Boeing Purchase Agreement therein, will apply to and be binding on Assignee to the same extent as if Assignee had been the original “Customer” thereunder. Assignee further agrees, expressly for the benefit of Boeing,
upon the written request of Boeing, Assignee will promptly execute and deliver such further assurances and documents and take such further action as Boeing may reasonably request in order to obtain the full benefits of Assignee’s agreements in
this paragraph. 

  
 Appendix II
Page A-7 

 Appendix II 

SAMPLE 

Purchase Agreement Assignment 
 7. Nothing contained herein will subject Boeing to any liability to which it would not otherwise be subject under the Boeing Purchase Agreement or modify in any respect the contract rights of Boeing
thereunder, or require Boeing to divest itself of title to or possession of the Aircraft or other things until delivery thereof and payment therefore as provided therein. 
 8. Notwithstanding anything in this Assignment to the contrary, after receipt of notice of any event of default or termination under [specify document], Boeing will continue to owe to Assignor moneys in
payment of claims made or obligations arising before such notice, which moneys may be subject to rights of set-off available to Boeing under applicable law. Similarly, after receipt of notice that such event of default or termination no longer
continues, Boeing will continue to owe to Assignee moneys in payment of claims made or obligations arising before such notice, which moneys may be subject to rights of set-off available to Boeing under applicable law. 

9. Effective at any time after an event of default has occurred, and for so long as such event of default is continuing, Assignor does
hereby constitute Assignee, Assignor’s true and lawful attorney, irrevocably, with full power (in the name of Assignor or otherwise) to ask, require, demand, receive, and give acquittance for any and all moneys and claims for moneys due and to
become due under or arising out of the Boeing Purchase Agreement in respect of the Aircraft, to the extent assigned by this Assignment. 
 10. Assignee agrees, expressly for the benefit of Boeing and Assignor that it will not disclose, directly or indirectly, any terms of the Boeing Purchase Agreement; provided, that Assignee may disclose
any such information (a) to its special counsel and public accountants, (b) as required by applicable law to be disclosed or to the extent that Assignee may have received a subpoena or other written demand under color of legal right for
such information, but it will first, as soon as practicable upon receipt of such requirement or demand, furnish an explanation of the basis thereof to Boeing, and will afford Boeing reasonable opportunity, to obtain a protective order or other
reasonably satisfactory assurance of confidential treatment for the information required to be disclosed, and (c) to any bona fide potential purchaser or lessee of the Aircraft. Any disclosure pursuant to (a) and (c) above will be
subject to execution of a confidentiality agreement substantially similar to this paragraph 10. 
 11. This Assignment may
be executed by the parties in separate counterparts, each of which when so executed and delivered will be an original, but all such counterparts will together constitute but one and the same instrument. 

 

	12.	 This Assignment will be governed by, and construed in accordance with, the laws of
                    . 

  
 Appendix II
Page A-8 

 Appendix II 

SAMPLE 

Purchase Agreement Assignment 
  

									
	  
	 		 	  

	as Assignor	 		 	as Assignee
					
	 By
	 	  
	 		 	By	 	  

					
	 Name:
	 		 		 	Name:	 	
					
	 Title:
	 		 		 	Title:	 	

 Attest: 
 The undersigned, as ///Indenture Trustee/Agent// for the benefit of the Loan //Participants/Mortgagee/// and as assignee of, and holder of a security interest in, the estate, right, and interest of the
Assignee in and to the foregoing Purchase Agreement Assignment and the Purchase Agreement pursuant to the terms of a certain //Trust Indenture/Mortgage// dated as of             ,
20            , agrees to the terms of the foregoing Purchase Agreement Assignment and agrees that its rights and remedies under such //Trust Indenture/Mortgage// shall be subject to the
terms and conditions of the foregoing Purchase Agreement Assignment, including, without limitation, paragraph 6. 
 as //Indenture
Trustee/Agent// 
  

			
	By:	 	  

		
	 Name:
	 	
		
	Title:	 	

  
 Appendix II
Page A-9 

 Appendix II 

SAMPLE 

Purchase Agreement Assignment 
 CONSENT AND AGREEMENT OF 
 THE BOEING COMPANY 

THE BOEING COMPANY, a Delaware corporation (Boeing), hereby acknowledges notice of and consents to the foregoing
Purchase Agreement Assignment (Assignment) as it relates to Boeing in respect of the Aircraft. Boeing confirms to Assignee that: all representations, warranties, indemnities and agreements of Boeing under the Boeing Purchase Agreement with
respect to the Aircraft will, subject to the terms and conditions thereof and of the Assignment, inure to the benefit of Assignee to the same extent as if Assignee were originally named “Customer” therein. 

This Consent and Agreement will be governed by, and construed in accordance with, the law of the State of Washington,
excluding the conflict of laws principles thereof. 
 Dated as of
                    , 20                    .

 THE BOEING COMPANY 
  

			
	By	 	  

	 Name:
	 	
		
	Title:	 	 Attorney-in-Fact

 Aircraft Manufacturer’s Serial Number(s)
                                     

  
 Appendix II
Page A-10 

 Appendix III 

SAMPLE 

Post-Delivery Sale Notice 

Boeing Commercial Airplanes 
 P.O. Box 3707

 Seattle, Washington 98124-2207 

U.S.A. 
 By Courier 

1901 Oakesdale Ave. SW 
 Renton, WA 98055

 U.S.A. 
 Attention: Vice
President—Contracts 
   Mail Code 21-34 

In connection with the sale by Federal Express Corporation (Seller) to
            (Purchaser) of the aircraft identified below, reference is made to Purchase Agreement
No.             dated as of             , 20            ,
between The Boeing Company (Boeing) and Seller (Purchase Agreement) under which Seller purchased certain Boeing Model             aircraft, including the aircraft bearing
Manufacturer’s Serial No.(s)             (Aircraft). The Purchase Agreement incorporated by reference Aircraft General Terms Agreement AGTA-FED (AGTA). 

Capitalized terms used herein without definition will have the same meaning as in the Purchase Agreement. 

Seller has sold the Aircraft, including in that sale the assignment to Purchaser of all remaining rights related to the
Aircraft under the Purchase Agreement. To accomplish this transfer of rights, as authorized by the provisions of the Purchase Agreement: 
 1. Purchaser acknowledges it has reviewed those provisions of the Purchase Agreement related to those rights assigned and agrees to be bound by and comply with all applicable terms and conditions of the
Purchase Agreement, including, without limitation, the DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES in Article 11 of Part 2 of Exhibit C to the AGTA and the insurance provisions in
Article 8.2 of the AGTA. Purchaser further agrees upon the written request of Boeing, to promptly execute and deliver such further assurances and documents and take such further action as Boeing may reasonably request in order to obtain the
full benefits of Purchaser’s agreements in this paragraph; and 
 2. Seller will remain responsible for any payments due
Boeing as a result of obligations relating to the Aircraft incurred by Seller to Boeing prior to the effective date of this letter. 

  

			
	 <AGTA>
	  	Appendix III Page A-11

 Appendix III 

SAMPLE 

Post-Delivery Sale Notice 
 We request that Boeing acknowledge receipt of this letter and confirm the transfer of rights set forth above by signing the acknowledgment and forwarding one copy of this letter to each of the
undersigned. 
 Very truly yours, 
  

									
	Federal Express Corporation	 		 	Purchaser
					
	By	 	  
	 		 	By	 	  

					
	Its	 	  
	 		 	Its	 	  

					
	Dated	 	  
	 		 	Dated	 	  

 Receipt of the above letter is acknowledged and the assignment of rights under the
Purchase Agreement with respect to the Aircraft described above is confirmed, effective as of this date. 
 THE BOEING COMPANY 

 

			
	 By
	 	  

	 Its
	 	Attorney-in-Fact
	 Dated
	 	  

 Aircraft Manufacturer’s Serial Number
                         

  

			
	 <AGTA>
	  	Appendix III Page A-12

 Appendix IV 

SAMPLE 

Post-Delivery Lease Notice 

Boeing Commercial Airplanes 
 P.O. Box 3707

 Seattle, Washington 98124-2207 

U.S.A. 
 By Courier 

1901 Oakesdale Ave. SW 
 Renton, WA 98055

 U.S.A. 
 Attention: Vice
President—Contracts 
   Mail Code 21-34 

In connection with the lease by Federal Express Corporation (Lessor) to
            (Lessee) of the aircraft identified below, reference is made to Purchase Agreement No.             dated
as of             , 20            , between The Boeing Company (Boeing) and Lessor (Purchase Agreement) under which
Lessor purchased certain Boeing Model             aircraft, including the aircraft bearing Manufacturer’s Serial No.(s)
            (Aircraft). The Purchase Agreement incorporated by reference Aircraft General Terms Agreement AGTA-FED (AGTA). 

Capitalized terms used herein without definition will have the same meaning as in the Purchase Agreement. 

Lessor has leased the Aircraft, including in that lease the transfer to Lessee of all remaining rights related to the
Aircraft under the Purchase Agreement. To accomplish this transfer of rights, as authorized by the provisions of the Purchase Agreement: 
 1. Lessor authorizes Lessee to exercise, to the exclusion of Lessor, all rights and powers of Lessor with respect to the remaining rights related to the Aircraft under the Purchase Agreement. This
authorization will continue until Boeing receives written notice from Lessor to the contrary, addressed to Vice President – Contracts, Mail Code 21-34, Boeing Commercial Airplanes, P.O. Box 3707, Seattle, Washington 98124-2207. Until Boeing
receives such notice, Boeing is entitled to deal exclusively with Lessee with respect to the Aircraft under the Purchase Agreement. With respect to the rights and obligations of Lessor under the Purchase Agreement, all actions taken or agreements
entered into by Lessee during the period prior to Boeing’s receipt of this notice are final and binding on Lessor. Further, any payments made by Boeing as a result of claims made by Lessee will be made to the credit of Lessee. 

  

			
	 <AGTA>
	  	Appendix IV Page A-13

  

 Appendix IV 

SAMPLE 

Post-Delivery Lease Notice 
 2. Lessee accepts the authorization above, acknowledges it has reviewed those provisions of the Purchase Agreement related to the authority granted and agrees to be bound by and comply with all applicable
terms and conditions of the Purchase Agreement including, without limitation, the DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES in Article 11 of Part 2 of Exhibit C of the AGTA and the insurance
provisions in Article 8.2 of the AGTA. Lessee further agrees, upon the written request of Boeing, to promptly execute and deliver such further assurances and documents and take such further action as Boeing may reasonably request in order to
obtain the full benefits of Lessee’s agreements in this paragraph. 
 3. Lessor will remain responsible for any payments
due Boeing as a result of obligations relating to the Aircraft incurred by Lessor to Boeing prior to the effective date of this letter. 
 We request that Boeing acknowledges receipt of this letter and confirm the transfer of rights set forth above by signing the acknowledgment and forwarding one copy of this letter to each of the
undersigned. 
 Very truly yours, 
  

									
	Federal Express Corporation	 		 	Lessee
					
	By	 	  
	 		 	By	 	  

					
	Its	 	  
	 		 	Its	 	  

					
	Dated	 	  
	 		 	Dated	 	  

 Receipt of the above letter is acknowledged and transfer of rights under the Purchase
Agreement with respect to the Aircraft described above is confirmed, effective as of this date. 
 THE BOEING COMPANY 

 

			
	 By
	 	  

	 Its
	 	Attorney-in-Fact
	 Dated
	 	  

 Aircraft Manufacturer’s Serial Number
                         

  

			
	 <AGTA>
	  	Appendix IV Page A-14

 Appendix V 

SAMPLE 

Purchaser’s/Lessee’s Agreement 
 Boeing Commercial Airplanes 
 P. O. Box 3707 

Seattle, Washington 98124-2207 
 U.S.A.

 By Courier 
 1901 Oakesdale
Ave. SW 
 Renton, WA 98055 
 U.S.A.

 Attention Vice President – Contracts 

  Mail Code 21-34 

In connection with the sale/lease by Federal Express Corporation (Seller/Lessor) to
            (Purchaser/Lessee) of the aircraft identified below, reference is made to the following documents: 

 

	 	(i)	 Purchase Agreement No.             dated as of
            , 20            , between The Boeing Company (Boeing) and Seller/Lessor (Purchase Agreement) under
which Seller/Lessor purchased certain Boeing Model             aircraft, including the aircraft bearing Manufacturer’s Serial No.(s)
            (Aircraft); and 

  

	 	(ii)	 Aircraft Sale/Lease Agreement dated as of             ,
20            , between Seller/Lessor and Purchaser/Lessee (Aircraft Agreement) under which Seller/Lessor is selling/leasing the Aircraft. 

Capitalized terms used herein without definition will have the same meaning as in the Purchase Agreement. 

1. //Seller/Lessor// has sold/leased the Aircraft under the Aircraft Agreement, including therein a form of exculpatory clause protecting
//Seller/Lessor// from liability for loss of or damage to the aircraft, and/or related incidental or consequential damages, including without limitation loss of use, revenue or profit. 

2. Disclaimer and Release; Exclusion of Consequential and Other Damages. 

2.1 In accordance with Seller/Lessor obligation under Article 9.5 of the AGTA which was incorporated by reference
into the Purchase Agreement, Purchaser/Lessee hereby agrees that: 

  

			
	 <AGTA>
	  	Appendix V Page A-15

 Appendix V 

SAMPLE 

Purchaser’s/Lessee’s Agreement 
 2.2 DISCLAIMER AND RELEASE. IN CONSIDERATION OF THE SALE/LEASE OF THE AIRCRAFT, PURCHASER/LESSEE HEREBY WAIVES, RELEASES AND RENOUNCES ALL WARRANTIES, OBLIGATIONS AND LIABILITIES OF BOEING AND ALL
OTHER RIGHTS, CLAIMS AND REMEDIES OF PURCHASER/LESSEE AGAINST BOEING, EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO ANY NONCONFORMANCE OR DEFECT IN ANY AIRCRAFT, BOEING PRODUCT, MATERIALS, TRAINING, SERVICES OR OTHER THING
PROVIDED UNDER THE AIRCRAFT AGREEMENT, INCLUDING, BUT NOT LIMITED TO: 
  

	 	(i)	 ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS; 

 

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

 

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

 

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

2.3 EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES. BOEING WILL HAVE NO OBLIGATION OR LIABILITY, WHETHER ARISING IN
CONTRACT (INCLUDING WARRANTY), TORT, WHETHER OR NOT ARISING FROM THE NEGLIGENCE OF BOEING, OR OTHERWISE, FOR LOSS OF USE, REVENUE OR PROFIT, OR FOR ANY OTHER INCIDENTAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO ANY NONCONFORMANCE OR DEFECT IN ANY
AIRCRAFT, MATERIALS, TRAINING, SERVICES OR OTHER THING PROVIDED UNDER THE AIRCRAFT AGREEMENT. 
 2.4
Definitions. For the purpose of this paragraph 2, BOEING or Boeing is defined as The Boeing Company, its divisions, subsidiaries, affiliates, the assignees of each, and their respective directors, officers, employees and
agents. 

  

			
	 <AGTA>
	  	Appendix V Page A-16

 Appendix V 

SAMPLE 

Purchaser’s/Lessee’s Agreement 
 Very truly yours, 
  

									
	Federal Express Corporation	 		 	Purchaser/Lessee
					
	By	 	  
	 		 	By	 	  

					
	Its	 	  
	 		 	Its	 	  

					
	Dated	 	  
	 		 	Dated	 	  

  

			
	 <AGTA>
	  	Appendix V Page A-17

 Appendix VI 

SAMPLE 

Post-Delivery Owner Appointment of Agent—Warranties 
 Boeing Commercial Airplanes 
 P. O. Box 3707 

Seattle, Washington 98124-2207 
 U.S.A.

 By Courier 
 1901 Oakesdale
Ave. SW 
 Renton, WA 98055 
 U.S.A.

 Attention Vice President – Contracts 

 Mail Code 21-34 

Reference is made to Purchase Agreement
No.             dated as of             ,
20            (Purchase Agreement), between The Boeing Company (Boeing) and Federal Express Corporation (Customer), under which Customer purchased certain Boeing
Model             aircraft including the aircraft bearing Manufacturer’s Serial No(s)             (Aircraft).
The Purchase Agreement incorporated by reference Aircraft General Terms Agreement AGTA-FED (AGTA). 

Capitalized terms used herein without definition will have the same meaning as in the Purchase Agreement. 

To accomplish the appointment of an agent, Customer confirms: 

1. Customer has appointed             as agent (Agent) to act directly
with Boeing with respect to the remaining warranties under the Purchase Agreement and requests Boeing to treat Agent as Customer for the administration of claims with respect to such warranties; provided however, Customer remains liable to Boeing to
perform the obligations of Customer under the Purchase Agreement. 
 2. Boeing may continue to deal exclusively with Agent
concerning the matters described herein unless and until Boeing receives written notice from Customer to the contrary, addressed to Vice President—Contracts, Mail Code 21-34, Boeing Commercial Airplanes, P.O. Box 3707, Seattle, Washington
98124-2207, U.S.A. With respect to the rights and obligations of Customer under the Purchase Agreement, all actions taken by Agent or agreements entered into by Agent during the period prior to Boeing’s receipt of such notice are final and
binding on Customer. Further, any payments made by Boeing as a result of claims made by Agent will be made to the credit of Agent unless otherwise specified when each claim is submitted. 

3. Customer will remain responsible for any payments due Boeing as a result of obligations relating to the Aircraft incurred by Customer
to Boeing prior to the effective date of this letter. 

  

			
	 <AGTA>
	  	Appendix VI Page A-18

 Appendix VI 

SAMPLE 

Post-Delivery Owner Appointment of Agent—Warranties 

We request that Boeing acknowledge receipt of this letter and confirm the appointment of Agent as stated above by signing
the acknowledgment and forwarding one copy of this letter to each of the undersigned. 
 Very truly yours, 

 

			
	Federal Express Corporation
		
	By	 	  

		
	Its	 	  

		
	Dated	 	  

  
 Appendix VI
Page A-19 

 Appendix VI 

SAMPLE 

Post-Delivery Owner Appointment of Agent—Warranties 
 AGENT’S AGREEMENT 
 Agent accepts the appointment as
stated above, acknowledges it has reviewed the those portions of the Purchase Agreement related to the authority granted it under the Purchase Agreement and agrees that, in exercising any rights or making any claims thereunder, Agent will be bound
by and comply with all applicable terms and conditions of the Purchase Agreement including, without limitation, the DISCLAIMER AND RELEASE and EXCLUSION OF CONSEQUENTIAL AND OTHER DAMAGES in Article 11 of Part 2 of
Exhibit C to the AGTA. Agent further agrees, upon the written request of Boeing, to promptly execute and deliver such further assurances and documents and take such further action as Boeing may reasonably request in order to obtain the full
benefits of the warranties under the Purchase Agreement. 
 Very truly yours, 

 

			
	 Federal Express Corporation
 Agent

		
	By	 	  

		
	Its	 	  

		
	Dated	 	  

 Receipt of the above letter is acknowledged and the appointment of Agent with respect to
the above-described rights under the Purchase Agreement is confirmed, effective as of this date. 
  

			
	THE BOEING COMPANY
		
	By	 	  

		
	Its	 	  

		
	Dated	 	  

 Aircraft Manufacturer’s Serial Number
                     

  
 Appendix VI
Page A-20 

 Appendix VII 

SAMPLE 

Contractor Confidentiality Agreement 
 Boeing Commercial Airplanes 
 P. O. Box 3707 

Seattle, Washington 98124-2207 
 U.S.A.

 By Courier 
 1901 Oakesdale
Ave. SW 
 Renton, WA 98055 
 U.S.A.

 Attention Vice President – Contracts 

 Mail Code 21-34 

This agreement (Agreement) is entered into between
            (Contractor) and Federal Express Corporation (Customer) and will be effective as of the date set forth below. 

In connection with Customer’s provision to Contractor of certain Materials, Proprietary Materials and Proprietary
Information; reference is made to Purchase Agreement No.             dated as of             between The Boeing Company
(Boeing) and Customer (Purchase Agreement), which incorporates by this reference AGTA-FED. 

Capitalized terms used herein without definition will have the same meaning as in the Purchase Agreement. 

Boeing has agreed to permit Customer to make certain Materials, Proprietary Materials and Proprietary Information
relating to Customer’s Boeing Model             aircraft, Manufacturer’s Serial Number             , Registration
No.             (Aircraft) available to Contractor in connection with Customer’s contract with Contractor to maintain/repair/modify the Aircraft (Contract). In
consideration of the Contract, and as a condition of receiving the Proprietary Materials and Proprietary Information, Contractor agrees as follows: 
  

	1.	 For purposes of this Agreement: 

 Aircraft Software means software intended to fly with and be utilized in the operation of an Aircraft, but excludes software furnished by Customer. 

Materials means any and all items that are created by Boeing or a Third Party, are provided directly or indirectly
to Contractor from Boeing or from Customer, and serve primarily to contain, convey or embody information. Materials may include either tangible forms (for example, documents or drawings) or intangible embodiments (for example, software and other
electronic forms) of information, but excludes Aircraft Software and software furnished by Customer. 

  

			
	 <AGTA>
	  	Appendix VII Page A-21

 Appendix VII 

SAMPLE 

Contractor Confidentiality Agreement 
 Proprietary Information means any and all proprietary, confidential and/or trade secret information owned by Boeing or a Third Party which is contained, conveyed or embodied in Materials.

 Proprietary Materials means Materials that contain, convey, or embody Proprietary Information.

 Third Party means anyone other than Boeing, Customer and Contractor. 

2. Boeing has authorized Customer to grant to Contractor a worldwide, non-exclusive, personal and nontransferable license to use
Proprietary Materials and Proprietary Information, owned by Boeing, internally in connection with performance of the Contract or as may otherwise be authorized by Boeing in writing. Contractor will keep confidential and protect from disclosure to
any person, entity or government agency, including any person or entity affiliated with Contractor, all Proprietary Materials and Proprietary Information. Individual copies of all Materials and Aircraft Software are provided to Contractor subject to
copyrights therein, and all such copyrights are retained by Boeing or, in some cases, by Third Parties. Contractor is authorized to make copies of Materials (except for Materials bearing the copyright legend of a Third Party) provided, however,
Contractor preserves the restrictive legends and proprietary notices on all copies. All copies of Proprietary Materials will belong to Boeing and be treated as Proprietary Materials under this Agreement. 

3. Contractor specifically agrees not to use Proprietary Materials or Proprietary Information in connection with the manufacture or sale
of any part or design. Unless otherwise agreed with Boeing in writing, Proprietary Materials and Proprietary Information may be used by Contractor only for work on the Aircraft for which such Proprietary Materials have been specified by Boeing.
Customer and Contractor recognize and agree that they are responsible for ascertaining and ensuring that all Materials are appropriate for the use to which they are put. 
 4. Contractor will not attempt to gain access to information by reverse engineering, decompiling, or disassembling any portion of any software or Aircraft Software provided to Contractor pursuant to this
Agreement. 
 5. Upon Boeing’s request at any time, Contractor will promptly return to Boeing (or, at Boeing’s option,
destroy) all Proprietary Materials, together with all copies thereof and will certify to Boeing that all such Proprietary Materials and copies have been so returned or destroyed. 

  

			
	 <AGTA>
	  	Appendix VII Page A-22

 Appendix VII 

SAMPLE 

Contractor Confidentiality Agreement 
 6. When and to the extent required by a government regulatory agency having jurisdiction over Contractor, Customer or the Aircraft, Contractor is authorized to provide Proprietary Materials and disclose
Proprietary Information to the agency for the agency’s use in connection with Contractor’s authorized use of such Proprietary Materials and/or Proprietary Information in connection with Contractor’s maintenance, repair, or
modification of the Aircraft. Contractor agrees to take reasonable steps to prevent such agency from making any distribution or disclosure, or additional use of the Proprietary Materials and Proprietary Information so provided or disclosed.
Contractor further agrees to promptly notify Boeing upon learning of any (i) distribution, disclosure, or additional use by such agency, (ii) request to such agency for distribution, disclosure, or additional use, or (iii) intention
on the part of such agency to distribute, disclose, or make additional use of the Proprietary Materials or Proprietary Information. 
 7. Boeing is an intended third party beneficiary under this Agreement, and Boeing may enforce any and all of the provisions of the Agreement directly against Contractor. Contractor hereby submits to the
jurisdiction of the Washington state courts and the United States District Court for the Western District of Washington with regard to any Boeing claims under this Agreement. It is agreed that Washington law (excluding Washington’s
conflict-of-law rules) will apply to this Agreement and to any claim or dispute under this Agreement. 
 8. No disclosure or
physical transfer by Boeing or Customer to Contractor, of any Proprietary Materials or Proprietary Information covered by this Agreement will be construed as granting a license, other than as expressly set forth in this Agreement or any ownership
right in any patent, patent application, copyright or proprietary information. 
 9. The provisions of this Agreement will apply
notwithstanding any markings or legends, or the absence thereof, on any Proprietary Materials. 
 10. This Agreement is the
entire agreement of the parties regarding the ownership and treatment of Proprietary Materials and Proprietary Information, and no modification of this Agreement will be effective as against Boeing unless embodied in writing and signed by authorized
representatives of Contractor, Customer and Boeing. 
 11. Failure by either party to enforce any of the provisions of this
Agreement will not be construed as a waiver of such provisions. If any of the provisions of this Agreement are held unlawful or otherwise ineffective by a court of competent jurisdiction, the remainder of the Agreement will remain in full force.

 12. The obligations of Customer and Contractor relating to Proprietary Materials and Proprietary Information under this
Agreement will remain in effect and will survive cancellation or termination of this Agreement. 

  

			
	 <AGTA>
	  	Appendix VII Page A-23

 Appendix VII 

SAMPLE 

Contractor Confidentiality Agreement 
  

 
  

									
	AGREED AND ACCEPTED this	 		 	
				
	Date:	 	  
	 		 	
			
	Contractor	 		 	Federal Express Corporation
				
	Signature	 	  
	 		 	Signature
		 		 		 	  

					
	Printed Name	 	  
	 		 	Printed Name	 	  

					
	Title	 	  
	 		 	Title	 	
		 		 		 	  

  

			
	 <AGTA>
	  	Appendix VII Page A-24

 Appendix VIII 

SAMPLE 

Post-Delivery Sale with Lease to Seller 
 Boeing Commercial Airplanes 
 P. O. Box 3707 

Seattle, Washington 98124-2207 
 U.S.A.

 By Courier 
 1901 Oakesdale
Ave. SW 
 Renton, WA 98055 
 U.S.A.

 Attention Vice President – Contracts 

 Mail Code 21-34 

In connection with             ’s (Seller’s)
sale to and lease back from             (Buyer) of the aircraft identified below, reference is made to the following documents: 

1. Purchase Agreement No.             dated as of
            , between The Boeing Company (Boeing) and Seller (Agreement) under which Seller purchased certain Boeing
Model             aircraft, including the aircraft bearing Manufacturer’s Serial
No.(s)             (Aircraft). The Agreement incorporates by reference the terms of AGTA-FED dated             ,
between Seller and Boeing. 
 2. Aircraft Sale Agreement dated as of
            , between Seller and             (Buyer). 

 

	3.	 Aircraft Lease Agreement dated as of             , between Buyer and Seller.

 Capitalized terms used herein without definition will have the same meaning as in the
Agreement. 
 Seller confirms for the benefit of Boeing it owns and controls the rights it purports to assign
herein. 
 Seller has sold the Aircraft, including in that sale the transfer to Buyer of all remaining rights
related to the Aircraft under the Agreement. To accomplish this transfer of rights, as authorized by the provisions of the Agreement: 

  
 Appendix VIII
Page A-25 

 Appendix VIII 

SAMPLE 

Post-Delivery Sale with Lease to Seller 
 1. Buyer acknowledges it has reviewed the Agreement and agrees that in exercising any rights under the Agreement or asserting any claims with respect to the Aircraft or other things (including without
limitation, Materials, training and services) delivered or to be delivered, it is bound by and will comply with all applicable terms, conditions, and limitations of the Agreement including but not limited to those related to any exclusion or
limitation of liabilities or warranties, indemnity and insurance; and 
 2. Buyer authorizes Seller to exercise, to the
exclusion of Buyer all rights and powers of “Customer” with respect to the remaining rights related to the Aircraft under the Agreement. This authorization will continue until Boeing receives written notice from Buyer to the contrary,
addressed to Vice President—Contracts, Mail Code 21-34, Boeing Commercial Airplanes, P.O. Box 3707, Seattle, Washington 98124-2207 (if by mail) or (425) 237-1706 (if by facsimile). Until Boeing receives this notice, Boeing is entitled to
deal exclusively with Seller as “Customer” with respect to the Aircraft under the Agreement. With respect to the rights, powers, duties and obligations of “Customer” under the Agreement, all actions taken by Seller or agreements
entered into by Seller during the period prior to Boeing’s receipt of that notice are final and binding on Buyer. Further, any payments made by Boeing as a result of claims made by Seller prior to receipt of such notice are to be made to the
credit of Seller. 
 3. Seller accepts the authorization set forth in paragraph 2 above, acknowledges it has reviewed the
Agreement and agrees that in exercising any rights under the Agreement or asserting any claims with respect to the Aircraft or other things (including without limitation, Materials, training and services) delivered or to be delivered, it is bound by
and will comply with all applicable terms, conditions, and limitations of the Agreement including but not limited to those relating to any exclusion or limitation of liabilities or warranties, indemnity and insurance. 

4. Seller agrees to remain responsible for any payments due Boeing as a result of obligations relating to the Aircraft incurred by Seller
to Boeing prior to the effective date of this letter. 
 We request that Boeing acknowledge receipt of this
letter and confirm the transfer of rights set forth above by signing the acknowledgment and forwarding one copy of this letter to each of the undersigned. 

  
 Appendix VIII
Page A-26 

 Appendix VIII 

SAMPLE 

Post-Delivery Sale with Lease to Seller 
 Very truly yours, 
  

									
	Seller	 		 	Buyer
					
	By	 	  
	 		 	By	 	  

					
	Its	 	  
	 		 	Its	 	  

					
	Dated	 	  
	 		 	Dated	 	  

 Receipt of the above letter is acknowledged and transfer of rights under the Agreement
with respect to the Aircraft described above is confirmed, effective as of the date indicated below. 
  

			
	THE BOEING COMPANY
		
	By	 	  

		
	Its	 	 Attorney-in-Fact

		
	Dated	 	  

  
 Appendix VIII
Page A-27 

 Appendix IX 

SAMPLE 

SALE WITH LEASE 
 Boeing
Commercial Airplanes 
 P. O. Box 3707 

Seattle, Washington 98124-2207 
 U.S.A.

 By Courier 
 1901 Oakesdale
Ave. SW 
 Renton, WA 98055 
 U.S.A.

 Attention Vice President – Contracts 

 Mail Code 21-34 

In connection with the sale by             (Seller) to
            (Purchaser) and subsequent lease of the aircraft identified below, reference is made to the following documents: 

1. Purchase Agreement No.             dated as of
            ,             , between The Boeing Company (Boeing) and Seller (Agreement) under which Seller purchased
certain Boeing Model             aircraft, including the aircraft bearing Manufacturer’s Serial
No(s).             (Aircraft). 
  

	2.	 Aircraft sale agreement dated as of             , between Seller and Purchaser.

  

	3.	 Aircraft lease agreement dated as of             , between Purchaser and
            (Lessee)(Lease). 

 Capitalized terms used herein without definition will have the same meaning as in the Agreement. 
 Seller has sold the Aircraft, including in that sale the assignment to Purchaser of all remaining rights related to the Aircraft under the Agreement. To accomplish this transfer of rights, as authorized
by the provisions of the Agreement: 
 3.1 Seller confirms for the benefit of the Manufacturer it owns and
controls the rights it purports to have assigned. 

  
 Appendix IX
Page A-28 

 Appendix IX 

SAMPLE 

SALE WITH LEASE 
 3.2 Purchaser agrees that in exercising any rights under the Agreement or asserting any claims with respect to the Aircraft or other things (including without limitation, [data and documents/Materials],
training and services) delivered or to be delivered, it is bound by and will comply with all applicable terms, conditions, and limitations of the Agreement including but not limited to those related to any exclusion or limitation of liabilities or
warranties, indemnity and insurance; and 
 3.3 Seller will remain responsible for any payment due Boeing as a
result of obligations relating to the Aircraft incurred by Seller to Boeing prior to the effective date of this letter. 
 3.4 Purchaser authorizes Lessee during the term of the Lease to exercise, to the exclusion of Purchaser all rights and powers of Buyer/Customer with respect to the remaining rights related to the Aircraft
under the Agreement. This authorization will continue until Boeing receives written notice from Purchaser to the contrary, addressed to Vice President—Contracts, Mail Code 21-34, Boeing Commercial Airplanes, P.O. Box 3707, Seattle, Washington
98124-2207 (if by mail) or (425)237-1706 (if by facsimile). Until Boeing receives this notice, Boeing is entitled to deal exclusively with Lessee as Buyer/Customer with respect to the Aircraft under the Agreement. With respect to the rights, powers,
duties and obligations of Buyer/Customer under the Agreement, all actions taken by Lessee or agreements entered into by Lessee during the period prior to Boeing’s receipt of that notice are final and binding on Purchaser. Further, any payments
made by Boeing as a result of claims made by Lessee prior to receipt of this notice are to be made to the credit of Lessee. 
 3.5 Lessee accepts the authorization set forth in paragraph 3 above, acknowledges it has reviewed the Agreement and agrees that in exercising any rights under the Agreement or asserting any claims
with respect to the Aircraft or other things (including without limitation, data and documents/Materials, training and services) delivered or to be delivered, it is bound by and will comply with all applicable terms, conditions, and limitations of
the Agreement including but not limited to those related to any exclusion or limitation of liabilities or warranties, indemnity and insurance. 
 We request that Boeing acknowledge receipt of this letter and confirm the transfer of rights set forth above by signing the acknowledgment and forwarding one copy of this letter to each of the
undersigned. 

  
 Appendix IX
Page A-29 

 Appendix IX 

SAMPLE 

SALE WITH LEASE 
 Very
truly yours, 
  

									
	Seller	 		 	Purchaser
					
	By	 	  
	 		 	By	 	  

					
	Its	 	  
	 		 	Its	 	  

					
	Dated	 	  
	 		 	Dated	 	  

  

			
	
                             
                               (Lessee)

		
	By	 	  

		
	Its	 	  

		
	Dated	 	  

  
 Appendix IX
Page A-30 

 Appendix IX 

SAMPLE 

SALE WITH LEASE 
 Receipt of the above letter is acknowledged and the transfers of rights under the Agreement with respect to the Aircraft described above are confirmed, effective as of the date indicated below.

  

			
	 THE BOEING COMPANY

		
	By	 	  

		
	Its	 	Attorney-in-Fact
		
	Dated	 	  

		
	MSN	 	  

  
 Appendix IX
Page A-31 

 Appendix X 

SAMPLE 

Post-Delivery Security 

Boeing Commercial Airplanes 
 P. O. Box 3707

 Seattle, Washington 98124-2207 

U.S.A. 
 By Courier 

1901 Oakesdale Ave. SW 
 Renton, WA 98055

 U.S.A. 
 Attention Vice President
– Contracts 
               Mail Code 21-34 

Reference is made to Purchase Agreement No.             dated
as of             , (Agreement) between The Boeing Company (Boeing) and             (Borrower) pursuant to
which Borrower purchased from Boeing one (1) Boeing model             aircraft bearing Manufacturer’s Serial Number
            (Aircraft). The Agreement incorporates by reference the terms of Aircraft General Terms Agreement AGTA-FED (AGTA) , dated
            , between Borrower and Boeing. 

Capitalized terms used herein without definition will have the same meanings as in the Agreement. 

Borrower confirms for the benefit of Boeing it owns and controls the rights it purports to assign herein. 

In connection with Borrower’s financing of the Aircraft, Borrower is entering into a Trust Indenture/Mortgage, dated
as of             , between Borrower and Indenture Trustee/Mortgagee (Trust Indenture/Mortgage), which grants a security interest in [the warranty rights/ all of its rights]
contained in the Agreement related to the Aircraft (Assigned Rights). Borrower is authorized to exercise the Assigned Rights until such time as the Indenture Trustee/Mortgagee notifies Boeing as provided below that an Event of Default under
the Trust Indenture/Mortgage has occurred and is continuing. In connection with this assignment for security purposes, as authorized by the provisions of the Agreement: 

  
 Appendix X Page
A-32 

 Appendix X 

SAMPLE 

Post-Delivery Security 
 1. Indenture Trustee/Mortgagee, as assignee of, and holder of a security interest in, the estate, right, and interest of the Borrower in and to the Agreement pursuant to the terms of a certain
Trust Indenture/Mortgage, acknowledges that it has received copies of the applicable provisions of the Agreement and agrees that in exercising any rights under the Agreement or asserting any claims with respect to the Aircraft or other things
(including without limitation, Materials, training and services) delivered or to be delivered, its rights and remedies under the Trust Indenture/Mortgage shall be subject to the terms and conditions of the Agreement including but not limited to
those related to any exclusion or limitation of liabilities or warranties, indemnity and insurance. 
 2. Borrower is authorized
to exercise, to the exclusion of [Indenture Trustee/Mortgagee] all rights and powers of “Customer” under the Agreement, unless and until Boeing receives a written notice from Indenture Trustee/Mortgagee, addressed to its Vice
President—Contracts, Boeing Commercial Airplanes at P.O. Box 3707, Seattle, Washington 98124, Mail Code 21-34 (if by mail), or (425) 237-1706 (if by facsimile) that an event of default under the Trust Indenture/Mortgage has occurred and is
continuing. Until such notice has been given, Boeing will be entitled to deal solely and exclusively with Borrower. Thereafter, until Indenture Trustee/Mortgagee has provided Boeing written notice that any such event no longer continues, Boeing will
be entitled to deal solely and exclusively with Indenture Trustee/Mortgagee. Boeing may act with acquittance and conclusively rely on any such notice. 
 Borrower will remain responsible to Boeing for any amounts due Boeing with respect to the Aircraft under the Agreement prior to Boeing’s receipt of such notice. We request that Boeing acknowledge
receipt of this letter and confirm the transfer of rights set forth above by signing its acknowledgment and forwarding one copy of this letter to each of the undersigned. 
 Very truly yours, 
  

									
		 		 	Indenture Trustee/Mortgagee
					
	By	 	  
	 		 	By	 	  

					
	Its	 	  
	 		 	Its	 	  

					
	Dated	 	  
	 		 	Dated	 	  

  
 Appendix X Page
A-33 

 Appendix X 

SAMPLE 

Post-Delivery Security 
 Receipt of the above letter is acknowledged and the transfer of rights under the Agreement with respect to the Aircraft described above is confirmed, effective as of the date indicated below. 

 

			
	 THE BOEING COMPANY

		
	By	 	  

		
	Its	 	Attorney-in-Fact
		
	Dated	 	  

		
	MSN	 	  

  
 Appendix X Page
A-34

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