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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/14/20 Air Lease Corp 10-K 12/31/19 86:17M Toppan Merrill Bridge/FA |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 2.22M 2: EX-4.1 Instrument Defining the Rights of Security Holders HTML 106K 7: EX-10.107 Material Contract HTML 53K 8: EX-10.108 Material Contract HTML 236K 9: EX-10.117 Material Contract HTML 58K 10: EX-10.118 Material Contract HTML 69K 11: EX-10.120 Material Contract HTML 39K 12: EX-10.121 Material Contract HTML 49K 13: EX-10.122 Material Contract HTML 44K 14: EX-10.123 Material Contract HTML 47K 15: EX-10.124 Material Contract HTML 587K 16: EX-10.148 Material Contract HTML 33K 3: EX-10.28 Material Contract HTML 39K 4: EX-10.43 Material Contract HTML 458K 5: EX-10.56 Material Contract HTML 80K 6: EX-10.82 Material Contract HTML 298K 17: EX-21.1 Subsidiaries List HTML 25K 18: EX-23.1 Consent of Experts or Counsel HTML 24K 19: EX-31.1 Certification -- §302 - SOA'02 HTML 30K 20: EX-31.2 Certification -- §302 - SOA'02 HTML 31K 21: EX-32.1 Certification -- §906 - SOA'02 HTML 26K 22: EX-32.2 Certification -- §906 - SOA'02 HTML 27K 80: R1 Document and Entity Information HTML 88K 44: R2 Consolidated Balance Sheets HTML 90K 35: R3 Consolidated Balance Sheets (Parenthetical) HTML 50K 57: R4 Consolidated Statements of Income and HTML 112K Comprehensive Income 82: R5 Consolidated Statements of Shareholders' Equity HTML 77K 46: R6 Consolidated Statement of Shareholders' Equity HTML 25K (Parenthetical) 37: R7 Consolidated Statements of Cash Flows HTML 123K 58: R8 Consolidated Statements of Cash Flows HTML 25K (Parenthetical) 77: R9 Summary of Significant Accounting Policies HTML 76K 34: R10 Debt Financing HTML 86K 42: R11 Interest Expense HTML 43K 84: R12 Shareholders' Equity HTML 34K 62: R13 Rental Income HTML 99K 33: R14 Concentration of Risk HTML 136K 41: R15 Income Taxes HTML 114K 83: R16 Commitments and Contingencies HTML 83K 60: R17 Net Earnings Per Share HTML 74K 32: R18 Fair Value Measurements HTML 30K 43: R19 Stock-based Compensation HTML 116K 74: R20 Aircraft under management HTML 29K 69: R21 Flight Equipment Held for Sale HTML 25K 31: R22 Quarterly Financial Data (Unaudited) HTML 76K 52: R23 Subsequent Events HTML 25K 73: R24 Summary of Significant Accounting Policies HTML 115K (Policies) 68: R25 Summary of Significant Accounting Policies HTML 33K (Tables) 30: R26 Debt Financing (Tables) HTML 72K 51: R27 Interest Expense (Tables) HTML 43K 75: R28 Rental Income (Tables) HTML 98K 67: R29 Concentration of Risk (Tables) HTML 144K 53: R30 Income Taxes (Tables) HTML 112K 79: R31 Commitments and Contingencies (Tables) HTML 78K 45: R32 Net Earnings Per Share (Tables) HTML 72K 36: R33 Stock-based Compensation (Tables) HTML 112K 56: R34 Quarterly Financial Data (Unaudited) (Tables) HTML 75K 81: R35 Summary of Significant Accounting Policies HTML 92K (Details) 47: R36 Debt Financing (Details) HTML 220K 38: R37 Debt Financing - Maturities of Debt (Details) HTML 44K 59: R38 Interest Expense (Details) HTML 35K 78: R39 Shareholders' Equity (Details) HTML 114K 64: R40 Shareholders' Equity Preferred stock (Details) HTML 81K 71: R41 Rental Income (Details) HTML 115K 49: R42 Concentration of Risk (Details) HTML 103K 28: R43 Income Taxes (Details) HTML 126K 65: R44 Commitments and Contingencies (Details) HTML 116K 72: R45 Net Earnings Per Share (Details) HTML 82K 50: R46 Fair Value Measurements - Assets and Liabilities HTML 34K Recurring and Non-recurring (Details) 29: R47 Fair Value Measurements - Debt Financing (Details) HTML 28K 66: R48 Stock-based Compensation - Stock Options (Details) HTML 124K 70: R49 Stock-based Compensation - Stock Option Exercise HTML 53K Price (Details) 86: R50 Stock-based Compensation - Restricted Stock HTML 69K (Details) 63: R51 Aircraft under management (Details) HTML 57K 39: R52 Flight Equipment held for sale (Details) HTML 32K 48: R53 Quarterly Financial Data (Unaudited) (Details) HTML 50K 85: R54 Subsequent Events (Details) HTML 33K 61: XML IDEA XML File -- Filing Summary XML 128K 55: XML XBRL Instance -- al-20191231x10k1d2204_htm XML 2.73M 76: EXCEL IDEA Workbook of Financial Reports XLSX 91K 24: EX-101.CAL XBRL Calculations -- al-20191231_cal XML 210K 25: EX-101.DEF XBRL Definitions -- al-20191231_def XML 787K 26: EX-101.LAB XBRL Labels -- al-20191231_lab XML 1.66M 27: EX-101.PRE XBRL Presentations -- al-20191231_pre XML 1.09M 23: EX-101.SCH XBRL Schema -- al-20191231 XSD 192K 54: JSON XBRL Instance as JSON Data -- MetaLinks 367± 565K 40: ZIP XBRL Zipped Folder -- 0001558370-20-000836-xbrl Zip 688K
al_Ex_10_107 |
EXHIBIT 10.107
CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED
AMENDMENT N°24
TO THE
A320 NEO FAMILY PURCHASE AGREEMENT
BETWEEN
AIRBUS S.A.S.
as Seller
and
AIR LEASE CORPORATION
as Buyer
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 1/7 |
AMENDMENT N°24 TO THE
A320 NEO FAMILY PURCHASE AGREEMENT
This Amendment N°24 (the “Amendment N°24”) dated 18 October 2019 is made
BETWEEN:
AIRBUS S.A.S., a société par actions simplifiée, created and existing under French law having its registered office at 2 Rond‑Point Emile Dewoitine, 31707 Blagnac-Cedex, France and registered with the Toulouse Registre du Commerce under number RCS Toulouse 383 474 814 (the "Seller"),
and
AIR LEASE CORPORATION, a corporation organised and existing under the laws of the State of Delaware, U.S.A., having its principal place of business at 2000 Avenue of the Stars, Suite 1000N, Los Angeles, California 90067, U.S.A. (the “Buyer”).
The Buyer and the Seller together are referred to collectively as the “Parties” and individually as a “Party”.
WHEREAS:
A. On 10 May 2012, the Buyer and the Seller have signed a purchase agreement with reference CLC-CT1103377 for the manufacture and sale by the Seller and purchase by the Buyer of thirty-six (36) firm A320 NEO Family aircraft hereinafter together with its Exhibits and Letter Agreements referred to as the “Purchase Agreement”.
B. On 28 December 2012, the Buyer and the Seller entered into Amendment N°1 to the Purchase Agreement for the manufacture and sale by the Seller and purchase by the Buyer of fourteen (14) incremental A320 NEO Family aircraft.
C. On 14 July 2014, the Seller and the Buyer entered into Amendment N°2 to the Purchase Agreement in order to, among other things, [*].
D. On 14 July 2014, the Buyer and the Seller entered into Amendment N°3 to the Purchase Agreement for the manufacture and sale by the Seller and purchase by the Buyer of sixty (60) incremental A320 NEO Family aircraft.
E. On 10 October 2014, the Buyer and the Seller entered into Amendment N°4 to the Purchase Agreement for [*].
F. On 03 March 2015, the Buyer and the Seller entered into Amendment N°5 to the Purchase Agreement for the cancellation of sixty (60) Amendment 3 NEO Aircraft and for the manufacture and sale by the Seller and purchase by the Buyer of ninety (90) incremental A321 NEO Family aircraft.
G. On 18 March 2015, the Buyer and the Seller entered into Amendment N°6 to the Purchase Agreement in order to [*].
H. On 09 November 2015, the Buyer and the Seller entered into Amendment N°7 to the Purchase Agreement in order to [*].
I. On 08 January 2016, the Buyer and the Seller entered into Amendment N°8 to the Purchase Agreement in order to [*].
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 2/7 |
J. On 04 April 2016, the Buyer and the Seller entered into Amendment N°9 to the Purchase Agreement in order to [*].
K. On 12 April 2016, the Buyer and the Seller entered into Amendment N°10 to the Purchase Agreement in order to [*].
L. On 02 June 2016, the Buyer and the Seller entered into Amendment N°11 to the Purchase Agreement in order to [*].
M. On 17 August 2016, the Buyer and the Seller entered into Amendment n°12 to the Purchase Agreement in order to, among other things, (i) introduce the new A321-200NX standard specification, [*].
N. On 20 December 2016, the Buyer and the Seller entered into Amendment N°13 to the Purchase Agreement in order to [*].
O. On 03 March 2017, the Buyer and the Seller entered into Amendment N°14 to the Purchase Agreement in order to, among other things, [*].
P. On 10 April 2017, the Buyer and the Seller entered into Amendment N°15 to the Purchase Agreement in order to, among other things, [*].
Q. On 19 June 2017, the Buyer and the Seller entered into Amendment N°16 to the Purchase Agreement in order to [*].
R. On 19 June 2017, the Buyer and the Seller entered into Amendment N°17 to the Purchase Agreement in order to provide for the manufacture and sale of twelve (12) incremental A320 NEO Family aircraft.
S. On 12 July 2017, the Buyer and the Seller entered into Amendment N°18 to the Purchase Agreement in order to amend certain terms of Amendment N°16.
T. On 31 July 2017, the Buyer and the Seller entered into Amendment N°19 to the Purchase Agreement in order to [*].
U. On 29 September 2017, the Buyer and the Seller entered into Amendment N°20 to the Purchase Agreement in order to [*].
V. On 27 December 2017, the Buyer and the Seller entered into Amendment N°21 to the Purchase Agreement in order to provide for the manufacture and sale of six (6) incremental A320 NEO Family aircraft.
W. On 16 February 2018, the Buyer and the Seller entered into Amendment N°22 to the Purchase Agreement in order to, among other things, [*].
X. On 31 December 2018, the Buyer and the Seller entered into Amendment N°23 to the Purchase Agreement in order to, among other things, [*].
The Purchase Agreement as amended and supplemented pursuant to the foregoing shall be referred to as the “Agreement”.
Y. The Parties have now decided to enter into this amendment N°24 (the “Amendment N°24”) in order to [*], subject to the terms and conditions set out below.
The terms “herein”, “hereof” and “hereunder” and words of similar import refer to this Amendment N°24. Capitalized terms used herein and not otherwise defined herein will have the meanings assigned thereto in the Agreement.
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 3/7 |
NOW IT IS HEREBY AGREED AS FOLLOWS:
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 4/7 |
1. [*]
2 [*]
3 [*]
4 [*]
5 INCONSISTENCY AND CONFIDENTIALITY
5.1 In the event of any inconsistency between the terms and conditions of the Agreement and those of this Amendment N°24, the latter shall prevail to the extent of such inconsistency, whereas the part of the Agreement not concerned by such inconsistency shall remain in full force and effect.
5.2 This Amendment N°24 reflects the understandings, commitments, agreements, representations and negotiations related to the matters set forth herein whatsoever, oral and written, and may not be varied except by an instrument in writing of even date herewith or subsequent hereto executed by the duly authorised representatives of each Party.
5.3 This Amendment N°24 shall be treated by the Parties as confidential and shall not be released in whole or in part to any third party without the prior consent of the other Party except as may be required by law, or to professional advisors for the implementation hereof.
6 COUNTERPARTS
This Amendment N°24 may be executed by the Parties in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument.
7 LAW AND JURISDICTION
This Amendment N°24 will be governed by and construed and the performance thereof will be determined in accordance with the laws of the State of New York, without giving effect to its conflicts of laws provisions that would result in the application of the law of any other jurisdiction.
The other provisions of Clause 22.6 of the Agreement shall apply to this Amendment N°24 as if the same were set out in full herein, mutatis mutandis.
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 5/7 |
IN WITNESS WHEREOF this Amendment N°24 was entered into the day and year first above written.
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For and on behalf of |
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For and on behalf of |
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AIR LEASE CORPORATION |
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AIRBUS S.A.S. |
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By: |
/s/ Grant Levy |
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By: |
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Its: |
Executive Vice President |
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Its: |
Senior Vice President, Contracts |
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 6/7 |
APPENDIX 1
DELIVERY SCHEDULE
[*]
Amendment Nº24 to the ALC A320 NEO Family PA |
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Ref. CLC-CT CT1902657 |
Page 7/7 |
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