SEC Contract Filing

Filing Date: 2017-07-31

Document Content:
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>bac-630201710xqex10.htm
<DESCRIPTION>EXHIBIT 10
<TEXT>
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<div><a name="sec659493ac5b476e8b1fc8ecf78d5d1d"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:justify;padding-left:384px;text-indent:480px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Exhibit&#160;10&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:72px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:72px;font-size:12pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">THIS THIRD AMENDMENT TO AIRCRAFT TIME SHARING AGREEMENT</font><font style="font-family:inherit;font-size:11pt;">&#32;("Third Amendment"),</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#32;</font><font style="font-family:inherit;font-size:11pt;">dated as of the 10th day of July, 2017, is between </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">BANK OF AMERICA, NA.</font><font style="font-family:inherit;font-size:11pt;">, a national banking association (hereafter &#8220;Time Share Lessor&#8221;), and </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">BRIAN T. MOYNIHAN</font><font style="font-family:inherit;font-size:11pt;">, an individual (hereafter &#8220;Time Share Lessee&#8221;), and amends that</font><font style="font-family:inherit;font-size:12pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;">certain Aircraft Time Sharing Agreement dated as of the 24th day of February, 2011 (as amended on June 15, 2015, June 8, 2016, and from time to time, the "Agreement"). </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">W I T N E S S E T H :</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:72px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WHEREAS</font><font style="font-family:inherit;font-size:11pt;">, Time Share Lessor and Time Share Lessee desire to amend the Agreement for the purpose of removing and adding airframes, and the engines attached to said airframes, to the scope of the Agreement. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:72px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">NOW, THEREFORE</font><font style="font-family:inherit;font-size:11pt;">, in consideration of the mutual covenants and agreements herein contained, the parties hereby agree that the Agreement is amended as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">A.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Delete from Section 1 of the Agreement, as amended on June 15, 2015 and June 8, 2016, the definitions of: &#8220;Aircraft&#8221;, &#8220;Aircraft 1&#8221;, &#8220;Aircraft 2&#8221;, &#8220;Aircraft 3&#8221;, &#8220;Aircraft 4&#8221;, &#8220;Airframe 1&#8221;, &#8220;Airframe 2&#8221;, &#8220;Airframe 3&#8221;, &#8220;Airframe 4&#8221;, &#8220;Engines (Aircraft 1)&#8221;, &#8220;Engines (Aircraft 2)&#8221;, &#8220;Engines (Aircraft 3)&#8221;, and &#8220;Engines (Aircraft 4)&#8221; and insert in place of the deleted definitions the new definitions set forth in </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">Attachment A</font><font style="font-family:inherit;font-size:11pt;">&#32;hereto.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:72px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;">B.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Promptly following execution and delivery of this Third Amendment by each of the parties hereto, Time Share Lessor shall comply with the Truth in Leasing requirements under FAR &#167; 91.23 (such requirements are summarized in </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">Attachment B</font><font style="font-family: