SEC Contract Filing

Filing Date: 2017-05-23

Document Content:
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<TYPE>EX-10.8
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<FILENAME>d363632dex108.htm
<DESCRIPTION>EX-10.8
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.8 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Citibank, N.A.</P></TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Corporate Equity Derivatives</P></TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">390 Greenwich Street, 1st Floor</P></TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">New York, NY 10013</P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:56%; font-size:10pt; font-family:Times New Roman" ALIGN="center">May&nbsp;18, 2017 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top">To:</TD>
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<TD VALIGN="top">Atlas Air Worldwide Holdings, Inc.</TD></TR>
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<TD VALIGN="top">2000 Westchester Avenue</TD></TR>
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<TD VALIGN="top">Purchase, New York 10577</TD></TR>
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<TD VALIGN="top">Attention:</TD>
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<TD VALIGN="top">Spencer Schwartz, Executive Vice President and Chief Financial Officer</TD></TR>
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<TD VALIGN="top">Telephone:</TD>
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<TD VALIGN="top">(914) <FONT STYLE="white-space:nowrap">701-8763</FONT></TD></TR>
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<TD VALIGN="top">Facsimile:</TD>
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<TD VALIGN="top">(914) <FONT STYLE="white-space:nowrap">701-8081</FONT></TD></TR>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top">Additional Warrants </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The purpose of this letter agreement (this
&#147;<B>Confirmation</B>&#148;) is to confirm the terms and conditions of the Warrants issued by Atlas Air Worldwide Holdings, Inc. (&#147;<B>Company</B>&#148;) to Citibank, N.A. (&#147;<B>Dealer</B>&#148;) as of the Trade Date specified below (the
&#147;<B>Transaction</B>&#148;). This letter agreement constitutes a &#147;Confirmation&#148; as referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any previous agreements and serve as the final documentation
for the Transaction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The definitions and provisions contained in the 2002 ISDA Equity Derivatives Definitions (the &#147;<B>Equity
Definitions</B>&#148;), as published by the International Swaps and Derivatives Association, Inc. (&#147;<B>ISDA</B>&#148;), are incorporated into this Confirmation. In the event of any inconsistency between the Equity Definitions and this
Confirmation, this Confirmation shall govern. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each party is hereby advised, and each such party acknowledges, that the other party has
engaged in, or refrained from engaging in, substantial financial transactions and has taken other material actions in reliance upon the parties&#146; entry into the Transaction to which this Confirmation relates on the terms and conditions set forth
below. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;This Confirmation evidences a complete and binding agreement between Dealer and Company as to the terms of the
Transaction to which this Confirmation relates. This Confirmation shall supplement, form a part of, and be subject to an agreement in th