EX-4.17 2 ex04-17.htm EX-4.17

INFORMATION IN THIS EXHIBIT IDENTIFIED BY [****] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(10)(iv) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED

 

SUPPLEMENTAL AGREEMENT NO. GOT-PA-3780-SA-15

 

to

 

Purchase Agreement No. PA-3780 between

THE BOEING COMPANY

 

and GAC Inc.

Relating to Boeing Model [****] Aircraft

 

THIS SUPPLEMENTAL AGREEMENT is made between THE BOEING

COMPANY, a Delaware corporation (Boeing), and GAC Inc., a company organized under the laws of the Cayman Island (Customer);

Customer and Boeing entered into Purchase Agreement No. PA-3780, dated October 01, 2012 as amended, and supplemented, (Purchase Agreement) relating to the purchase and sale of Boeing Model [****] (the [***] Aircraft) and [****] (the [****] Aircraft) (collectively and individually Aircraft); and this Supplemental Agreement No. 15 (SA-15) is an amendment to and is incorporated into the Purchase Agreement:

WHEREAS, Customer and Boeing wish to amend the Purchase Agreement for the acceleration of [****] Boeing Model [****] Aircraft ([****] Aircraft) summarized as follows:

 

 

Current Delivery Month Revised Delivery Month
[****] [****]
[****] [****]
[****] [****]

 

 

NOW, THEREFORE, the parties agree that the Purchase Agreement is amended as set forth below and otherwise agree as follows:

GOT-PA-3780-SA-15

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BOEING PROPRIETARY

 
 
1.Table of Contents.

Remove and replace, in its entirety, the current Table of Contents with the new Table of Contents (attached hereto), to reflect the incorporation of this SA-15 into the Purchase Agreement.

2.Tables.

2.1           Table [****][****] Aircraft Delivery, Description, Price and Advance Payments is deleted in its entirety and replaced with a new Table [****], [****] Aircraft Delivery, Description, Price and Advance Payments attached hereto to reflect [****].

3.Miscellaneous.

3.1           The Purchase Agreement is amended as set forth above, and all other terms and conditions of the Purchase Agreement remain unchanged and are in full force and effect. Any Tables of Contents, Tables, Supplemental Exhibits, Letter Agreements or other documents that are listed in the Sections above are incorporated into this SA-15 by this reference.

3.2           This SA-15 will become effective upon execution and receipt by both Parties on or before January 28, 2022, after which date this SA-15 will be null and void and have no force or effect.

 

AGREED AND ACCEPTED this

 

January 28, 2022

Date

 

THE BOEING COMPANY

 

Signature

 

GAC INC

 

 

 Signature                                                                       Signature

 

[****]

Printed name                                                                 Printed name

 

Title                                                                                       Title

GOT-PA-3780-SA-15

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BOEING PROPRIETARY

 
 

 

  TABLE OF CONTENTS  
SUPPLEMENTAL AGREEMENT NUMBER 15
ARTICLES  
Article 1. Quantity, Model and Description
Article 2. Delivery Schedule
Article 3. Price
Article 4. Payment
Article 5. Additional Terms
TABLE  
[****] [****]Aircraft Information Table SA-13
[****] [****]Aircraft Information Table SA-15
[****] [****]Aircraft Information Table SA-13
[****] [****]Aircraft Information Table SA-14

 

EXHIBIT

    
A [****]Aircraft Configuration SA-9
A2 [****]Aircraft Configuration SA-10
A3 [****]Aircraft Configuration SA-13
A4 [****]Aircraft Configuration SA-13
A5 [****]Aircraft Configuration SA-13
A6 [****]Aircraft Configuration SA-13
A7 [****] Aircraft Configuration SA-13
A8 [****]Aircraft Configuration SA-13
B Aircraft Delivery Requirements and Responsibilities  

 

SUPPLEMENTAL EXHIBITS

AE1. Escalation Adjustment/Airframe and Optional Features  
BFE1. BFE Variables SA-8
CS1. Customer Support Variables SA-9
EE1. Engine Escalation/Engine Warranty and Patent Indemnity  
SLP1. Service Life Policy Components  

 

LETTER

AGREEMENTS

  

SA

Number

GOT-PA-3780-LA-1207832 Loading of Customer Software  
GOT-PA-3780-LA-1207833 Spare Parts Initial Provisioning  
GOT-PA-3780-LA-1207834 Purchase Rights  
GOT-PA-3780-LA-1207835R1 [****] Substitution of Model [****] into SA-7

 

GOT-PA-3780-LA-1207836R4

 Model [****] Aircraft Advance Payments Matters

 

SA-13

GOT-PA-3780-LA-1207838R1 Promotional Support SA-3
GOT-PA-3780-LA-1207737R4 Special Matters SA-13
GOT-PA-3780-LA-1207734R1 Liquidated Damages  Non Excusable Delay SA-3
GOT-PA-3780-LA-1207839 Demonstration Flight Waiver  
GOT-PA-3780-LA-1207840R4 [****] Banded Fixed Escalation Program SA-10

GOT-PA-3780-SA-15

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BOEING PROPRIETARY

 
 

 

GOT-PA-3780-LA-1207841

 

GOT-PA-3780-LA-1207842R1

Boeing Purchase of Buyer Furnished Equipment

Open Matters

 

 

SA-10

GOT-PA-3780-LA-1207845 AGTA Matters  
GOT-PA-3780-LA-1207848R5 [****] Positions SA-13

GOT-PA-3780-LA-1207735R2

 

GOT-PA-3780-LA-1207830

Performance Matters [****]

Maintenance Cost Guarantee [****]

  
GOT-PA-3780-LA-1207847 Aircraft Schedule Reliability Program  
GOT-PA-3780-LA-1501790R1 Table [****] Substitution of Model [****] into SA-7

 

GOT-PA-3780-LA-1600544

Model [****] Aircraft

Other Payment Matters

 

SA-10

GOT-PA-3780-LA-1701805 Seller Purchased Equipment SA-9
GOT-PA-3780-LA-1804583 [****] Performance Guarantees SA-10
GOT-PA-3780-LA-1804642R1 Major Model Substitution SA-13
GOT-PA-3780-LA-1804661 Used Aircraft Purchase by Boeing SA-10
GOT-PA-3780-LA-1804029 [****] Cap and Share Escalation Program SA-10
GOT-PA-3780-LA-1804679 Aircraft Model Substitution [****] to [****] SA-10
GOT-PA-3780-LA-1804682 Substitution of Model [****] SA-10
GOT-PA-3780-LA-2102847 Special Matters - Remarket Aircraft SA-13
GOT-PA-3780-LA-2103050 Accommodations Agreement Matters SA-13

GOT-PA-3780-SA-15

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BOEING PROPRIETARY

 
 

 

 

 

RECORD OF SUPPLEMENTAL AGREEMENTS

 

 

SA-1 1 October 2012
SA-2 4 November 2013
SA-3 2 October 2015
SA-4 2 October 2015
SA-5 6 November 2015
SA-6   Not used 2016
SA-7 19 April 2016
SA-8 5 December 2016
SA-9 22 January 2017
SA-10 12 September 2018
SA-11 21 November 2018
SA-12 23 September 2019
SA-13 31 July 2021
SA-14 10 Nov 2021
SA-15 28 January 2022

GOT-PA-3780-SA-15

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BOEING PROPRIETARY

 

Table 1-1R1 To

Purchase Agreement No. PA-03780

Aircraft Delivery, Description, Price and Advance Payments

 

[****]

GOT-PA-03780 114489-1F.txt

 

SA-15

 

Boeing Proprietary

Page 1

Table 1-1R1 To

Purchase Agreement No. PA-03780

Aircraft Delivery, Description, Price and Advance Payments

[****]

Total: 98

Boeing Proprietary

SA-15

Page 3