SEC Contract Filing

Filing Date: 2022-02-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.24
<SEQUENCE>16
<FILENAME>ex1024-amdno2topacom0041x16.htm
<DESCRIPTION>EX-10.24
<TEXT>
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<title>Document</title></head><body><div id="i4bb4f9bf93144afdacfc722b5c342e7c_1"></div><div style="min-height:132.48pt;width:100%"><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">CERTAIN CONFIDENTIAL PORTIONS HAVE BEEN REDACTED FROM THIS EXHIBIT BECAUSE THEY ARE BOTH (i) NOT MATERIAL AND (ii) IS THE TYPE THAT THE COMPANY TREATS AS PRIVATE OR CONFIDENTIAL.&#160; INFORMATION THAT HAS BEEN OMITTED HAD BEEN IDENTIFIED IN THIS DOCUMENT WITH A PLACEHOLDER IDENTIFIED BY THE MARK &#8220;&#91;***&#93;&#8221;.</font></div><div><font><br></font></div></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">AMENDMENT No. 2 TO PURCHASE AGREEMENT COM0041-16</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">This Amendment No.2 &#91;COM0651-17&#93; (the &#34;Amendment No. 2&#34;) dated as of July 21, 2016 is between Embraer S.A. (&#34;Embraer&#34;) and Horizon Air Industries, Inc. (&#34;Buyer&#34;), collectively referred to herein as the &#8220;Parties&#8221;, and constitutes an amendment and modification to Purchase Agreement COM0041-16 dated April 11, 2017 as amended from time to time (the &#34;Purchase Agreement&#34;).</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">All capitalized terms not otherwise defined herein shall have the same meaning when used herein as provided in the Purchase Agreement and in case of any conflict between this Amendment No. 2 and the Purchase Agreement, this Amendment No. 2 shall control.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">WHEREAS</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">, the Parties have agreed to modify certain items of the Aircraft specific configuration.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">NOW, THEREFORE</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">, for good and valuable consideration, which is hereby acknowledged by the Parties, Embraer and Buyer agree as follows&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">1. CONFIGURATION CHANGES TO THE AIRCRAFT</font></div><div style="text-align:justify"><font><br></font></div><div style="margin-top:1pt;padding-right:4.1pt"><font style="color:#131c17;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1. 1. The following items shall be incorporated to the configuration of Aircraft 01 and subsequent&#58;</font></div><div style="margin-top:12.05pt;padding-left:2.15pt"><font style="color:#131c17;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">a.1. &#91;***&#93;<br></font></div><div style="text-align:justify"><font style="color:#18201c;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">b.1. &#160;&#160;&#160;&#160;&#91;***&#93;.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#18201c;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">c.1. &#160;&#160;&#160;&#160;&#91;***&#93;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">2. PRICE<br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">As a result of the changes referred to in Article 1 above, Article 3.1 of the Purchase Agreement is hereby deleted and replaced as follows&#58;<br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#91;***&#93;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">3. ATTACHMENT A CHANGE<br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">As a result of the changes referred to in Article 2 above, Attachment A to the Purchase Agreement is hereby deleted and replaced in its entirety by Attachment A to this Amendment No. 2, which shall be deemed to be Attachment A for all purposes under the Purchase Agreement.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">4. ATTACHMENT H CHANGE<br><