Common use of Completion Factor Clause in Contracts

Completion Factor. is calculated by taking a weighted average of the performance levels by category based on the number of combined actual departures and arrivals within each category during the Performance Period. Category Additional Penalty Penalty Neutral JFK/LGA [***] [***] [***] All Other [***] [***] [***] Threshold Calculated Calculated Calculated Formula : TSDA = Total system departures and arrivals TNDA = Total departures and arrivals to/from LGA/JFK TNDA/TSDA = TNY 1- TNY = TSY Additional Penalty Range = < (JFK/LGA Additional Penalty Value)(TNY) + (All Other Additional Penalty Value)(TSY) Penalty Range = (JFK/LGA Penalty Value Low Range)(TNY) + (All Other Penalty Value Low Range)(TSY) – <(JFK/LGA Penalty Value Upper Range)(TNY) + (All Other Penalty Value Upper Range)(TSY) Neutral = ≥ (JFK/LGA Neutral Value)(TNY) + (All Other Neutral Value)(TSY) Example: · JFK/LGA represents 10% of system arrivals/departures in Performance Period · “All other” represents 90% of system arrivals/departures in same period · Neutral threshold: ([***] * .10) + ([***] * .90) = [***]

Completion Factor. is calculated by taking a weighted average of the performance levels by category based on the number of combined actual departures and arrivals within each category during the Performance Period. Category Additional Penalty Penalty Neutral JFK/LGA [***] [* ***] [* ***] * All Other [***] [* ***] [* ***] * Threshold Calculated Calculated Calculated Formula : TSDA = Total system departures and arrivals TNDA = Total departures and arrivals to/from LGA/JFK TNDA/TSDA = TNY 1- TNY = TSY Additional Penalty Range = < (JFK/LGA Additional Penalty Value)(TNY) + (All Other Additional Penalty Value)(TSY) Penalty Range = (JFK/LGA Penalty Value Low Range)(TNY) + (All Other Penalty Value Low Range)(TSY) – <(JFK/LGA Penalty Value Upper Range)(TNY) + (All Other Penalty Value Upper Range)(TSY) Neutral = ≥ (JFK/LGA Neutral Value)(TNY) + (All Other Neutral Value)(TSY) Example: · JFK/LGA represents 10% of system arrivals/departures in Performance Period · “All other” represents 90% of system arrivals/departures in same period · Neutral threshold: ([***] * .10) + .10*+ ([***] * .90) = [***]