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Alaska Air Group, Inc. – ‘10-Q’ for 6/30/22 – ‘EX-10.2’

On:  Tuesday, 8/2/22, at 4:08pm ET   ·   For:  6/30/22   ·   Accession #:  766421-22-62   ·   File #:  1-08957

Previous ‘10-Q’:  ‘10-Q’ on 5/5/22 for 3/31/22   ·   Next:  ‘10-Q’ on 11/3/22 for 9/30/22   ·   Latest:  ‘10-Q’ on 5/3/24 for 3/31/24   ·   4 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 8/02/22  Alaska Air Group, Inc.            10-Q        6/30/22   57:8.1M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.35M 
 2: EX-10.1     Material Contract                                   HTML     23K 
 3: EX-10.2     Material Contract                                   HTML     30K 
 4: EX-10.3     Material Contract                                   HTML    110K 
 5: EX-31.1     EX-31.1 Certification of Chief Executive Officer    HTML     21K 
 6: EX-31.2     EX-31.2 Certification of Chief Financial Officer    HTML     21K 
 7: EX-32.1     EX-32.1 Certification of Chief Executive Officer    HTML     18K 
 8: EX-32.2     EX-32.2 Certification of Chief Financial Officer    HTML     18K 
14: R1          Cover                                               HTML     69K 
15: R2          Condensed Consolidated Balance Sheets               HTML    152K 
16: R3          Condensed Consolidated Balance Sheets               HTML     34K 
                (Parentheticals)                                                 
17: R4          Condensed Consolidated Statements of Operations     HTML    133K 
18: R5          Condensed Consolidated Statements of Comprehensive  HTML     51K 
                Operations                                                       
19: R6          CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS    HTML     90K 
                EQUITY Statement                                                 
20: R7          Condensed Consolidated Statements of Cash Flows     HTML    115K 
21: R8          General and Summary of Significant Accounting       HTML     21K 
                Policies                                                         
22: R9          Fleet Transition                                    HTML     43K 
23: R10         Revenue From Contracts With Customers               HTML     70K 
24: R11         Long-Term Debt                                      HTML     40K 
25: R12         Employee Benefit Plans                              HTML     40K 
26: R13         Shareholders' Equity                                HTML     55K 
27: R14         Operating Segment Information                       HTML    114K 
28: R15         General and Summary of Significant Accounting       HTML     20K 
                Policies (Policies)                                              
29: R16         Revenue From Contracts With Customers (Tables)      HTML     65K 
30: R17         Fair Value Measurements (Tables)                    HTML     85K 
31: R18         Long-Term Debt (Tables)                             HTML     43K 
32: R19         Employee Benefit Plans (Tables)                     HTML     36K 
33: R20         Commitments (Tables)                                HTML     39K 
34: R21         Shareholders' Equity (Tables)                       HTML     62K 
35: R22         Operating Segment Information (Tables)              HTML    127K 
36: R23         Fleet Transition (Details)                          HTML     39K 
37: R24         REVENUE FROM CONTRACTS WITH CUSTOMERS -             HTML     50K 
                Disaggregation of Revenue (Details)                              
38: R25         REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative   HTML     31K 
                (Details)                                                        
39: R26         REVENUE FROM CONTRACTS WITH CUSTOMERS - Contract    HTML     28K 
                Liabilities Activity (Details)                                   
40: R27         Fair Value Measurements - Fair Value of Assets and  HTML     88K 
                Liabilities (Details)                                            
41: R28         Fair Value Measurements - Maturities for            HTML     42K 
                Marketable Securities (Details)                                  
42: R29         Fair Value Measurements - Long-Term Debt (Details)  HTML     25K 
43: R30         Long-Term Debt - Schedule of Long-Term Debt         HTML     94K 
                (Details)                                                        
44: R31         Long-Term Debt Long-Term Debt - Future Payments     HTML     36K 
                (Details)                                                        
45: R32         Long-Term Debt - Line of Credit (Details)           HTML     40K 
46: R33         Employee Benefit Plans - Net Pension Expense        HTML     38K 
                (Details)                                                        
47: R34         Commitments (Details)                               HTML     79K 
48: R35         Shareholders' Equity, Common Stock Repurchase       HTML     26K 
                (Details)                                                        
49: R36         Shareholders' Equity, Accumulated Other             HTML     46K 
                Comprehensive Loss (Details)                                     
50: R37         Shareholders' Equity , Warrant Activity (Details)   HTML     39K 
51: R38         Operating Segment Information (Details)             HTML    125K 
52: R39         Operating Segment Information, Assets (Details)     HTML     29K 
55: XML         IDEA XML File -- Filing Summary                      XML     90K 
53: XML         XBRL Instance -- alk-20220630_htm                    XML   2.17M 
54: EXCEL       IDEA Workbook of Financial Reports                  XLSX     96K 
10: EX-101.CAL  XBRL Calculations -- alk-20220630_cal                XML    198K 
11: EX-101.DEF  XBRL Definitions -- alk-20220630_def                 XML    588K 
12: EX-101.LAB  XBRL Labels -- alk-20220630_lab                      XML   1.42M 
13: EX-101.PRE  XBRL Presentations -- alk-20220630_pre               XML    849K 
 9: EX-101.SCH  XBRL Schema -- alk-20220630                          XSD    129K 
56: JSON        XBRL Instance as JSON Data -- MetaLinks              363±   535K 
57: ZIP         XBRL Zipped Folder -- 0000766421-22-000062-xbrl      Zip    427K 


‘EX-10.2’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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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. INFORMATION THAT HAS BEEN OMITTED HAD BEEN IDENTIFIED IN THIS DOCUMENT WITH A PLACEHOLDER IDENTIFIED BY THE MARK “[***]”.

AMENDMENT No. 19 TO PURCHASE AGREEMENT COM0041-16



This Amendment No.19 [COM0128-22] (the "Amendment No.19") dated as of May 31, 2022 is between EMBRAER S.A., a corporation existing under the laws of Brazil, which address and principal place of business is at Avenida Brigadeiro Faria Lima, 2170, prédio F-100, Putim, in the city of São José dos Campos, State of São Paulo, Brazil (“Seller”) and HORIZON AIR INDUSTRIES, INC. ("Buyer"), collectively referred to herein as the “Parties”, and constitutes an amendment and modification to Purchase Agreement COM0041-16 dated April 11th, 2016 as amended and assigned from time to time (the "Purchase Agreement").

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. 19 and the Purchase Agreement, this Amendment No. 19 shall control.


WHEREAS, [***] Buyer wishes to include an additional thirteen (13) Option Aircraft to the Purchase Agreement (the “Additional Option Aircraft”) and to include the right to purchase up to sixteen (16) Aircraft (the “Purchase Right Aircraft”),

WHEREAS, Buyer has asked and Seller has agreed to include eight (8) additional Firm Aircraft (“Additional Firm Aircraft”) under the Purchase Agreement;

WHEREAS, as a result of the described above, the purpose of this Amendment No. 19 is to amend and restate the related attachments and provisions.

NOW, THEREFORE, for good and valuable consideration, which is hereby acknowledged by the Parties, Seller and Buyer agree as follows:


1. SUBJECT

Article 2 of the Purchase Agreement shall be deleted and replaced as follows:

“Subject to the terms and conditions of this Agreement:
2.1 Seller shall sell and deliver, and Buyer shall purchase and take delivery of thirty (30) Firm Aircraft, twelve (12) Confirmed Option Aircraft and (8) Additional Firm Aircraft;
2.2 Seller shall provide to Buyer the Services and the Technical Publications as described in Attachment “B” to this Agreement; and
2.3 Buyer shall have the option to purchase up to thirteen (13) Additional Option Aircraft, in accordance with Article 21.
2.4 Buyer shall have the right to purchase up to sixteen (16) Purchase Right Aircraft, in accordance with Article 22”






2. PRICE

Article 3 of the Purchase Agreement COM0041-16 is hereby deleted and replaced as follows:
[***]

3. PAYMENT

In relation to the Additional Firm Aircraft, Article 4 of the Purchase Agreement COM0041-16 shall be amended and restated as follows:
[***]

4. OPTION AIRCRAFT

As a result of the inclusion of thirteen (13) Additional Option Aircraft, Article 21 of the Purchase Agreement must be deleted and replaced as follows:

[***]
5. PURCHASE RIGHT AIRCRAFT
As a result of the inclusion of sixteen (16) Purchase Right Aircraft, Article 22 of the Purchase Agreement is hereby included to the Purchase Agreement, as follows:

[***]

6. ATTACHMENT CHANGE
As a result of the changes referred to in this Amendment No. 19, Attachment E to the Purchase Agreement is hereby deleted and replaced in its entirety by Attachment E to this Amendment No. 19, which shall be deemed to be Attachment E for all purposes under the Purchase Agreement.

7. REINSTATEMENT OF PURCHASE AGREEMENT
All other provisions and conditions of the referenced Purchase Agreement, as well as its related Attachments and Letter Agreement, which are not specifically modified by this Amendment No. 19 shall remain in full force and effect without any change.

COM0128-22
Amendment No.19 to PA COM0041-16


8. COUNTERPARTS
This Amendment No. 19 may be executed by the Parties hereto in any number of separate counterparts with the same effect as if the signatures thereto and hereto were upon the same instrument and all of which when taken together shall constitute one and the same instrument. This Amendment No. 19 may be signed and exchanged by e-mail attaching a copy of the signed Amendment No. 19 in portable document format with originals to follow by an internationally recognized courier, as applicable.


[SIGNATURE PAGE FOLLOWS]

COM0128-22
Amendment No.19 to PA COM0041-16



IN WITNESS WHEREOF, Seller and Buyer, by their duly authorized officers, have entered into and executed this Amendment No. 19 to be effective as of the date first written above.



EMBRAER S.A.    HORIZON AIR INDUSTRIES, INC.
    


By: _______________________        By: ________________________

Name:                        Name:

Title:                        Title:



By:________________________         

Name:                        
Title:                        


Place: ______________________     Place: _____________________
                            



COM0128-22
Amendment No.19 to PA COM0041-16




1.Firm and Confirmed Option Aircraft Delivery Schedule (ref. Purchase Agreement, Article 5)
[***]






















































2.Option Aircraft Delivery Schedule (ref. Purchase Agreement, Article 21)
COM0128-22
Amendment No.19 to PA COM0041-16, Attachment E



[***]



COM0128-22
Amendment No.19 to PA COM0041-16, Attachment E

Dates Referenced Herein

This ‘10-Q’ Filing    Date    Other Filings
Filed on:8/2/22None on these Dates
For Period end:6/30/22
5/31/22
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/14/24  Alaska Air Group, Inc.            10-K       12/31/23  110:14M
 2/13/23  Alaska Air Group, Inc.            10-K       12/31/22  104:15M
 8/03/22  Alaska Air Group, Inc.            S-8         8/03/22    4:78K                                    Donnelley … Solutions/FA


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/03/17  Alaska Air Group, Inc.            10-Q        6/30/17   57:9.5M
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Filing Submission 0000766421-22-000062   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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