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EXHIBIT 10.4
AMENDMENT No. 1 TO LETTER OF AGREEMENT DCT-026/2003
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This Amendment No. 1 to Letter of Agreement DCT-026/2003, dated as of July 8,
2005 ("Amendment 1") relates to Letter Agreement DCT-026/2003 between Embraer -
Empresa Brasileira de Aeronautica S.A. ("Embraer") and JetBlue Airways
Corporation ("Buyer") dated June 9, 2003 as amended from time to time
(collectively referred to herein as "Letter Agreement") This Amendment 1 is
between Embraer and Buyer, collectively referred to herein as the "Parties".
This Amendment 1 sets forth the further agreement between Embraer and Buyer
relative to ***. All capitalized terms used in this Amendment 1 and not defined
herein, shall have the meaning given in the Purchase Agreement, and in case of
any conflict between this Amendment 1, the Letter Agreement and the Purchase
Agreement, the terms of this Amendment 1 shall control.
This Amendment 1 sets forth the further agreement between Embraer and Buyer. All
terms defined in the Purchase Agreement shall have the same meaning when used
herein and in case of any conflict between this Amendment 1 and the Purchase
Agreement, this Amendment 1 shall control.
Now, therefore, for good and valuable consideration, which is hereby
acknowledged, Embraer and Buyer hereby agree as follows:
1. ***
2. The first sentence of Article 5 of the Letter Agreement shall be deleted and
replaced as follows:Embraer will provide Buyer a spare parts credit of ***
United States dollars) per each of the Firm Aircraft effectively delivered to
Buyer. Embraer shall issue such spare parts credits in Sao Xxxx dos Xxxxxx, XX,
Brazil, in (i) *** United States Dollars). *** shall be made available to Buyer
*** prior to the Contractual Delivery Date of the *** Firm Aircraft. Each of ***
shall be made available to Buyer *** and (ii) *** United States dollars) that
shall be made available to Buyer ***. The spare parts credit shall be used by
Buyer for the purchase of Embraer-made spare parts and ground support equipment
from the Embraer - Brazil spare parts facility (except for engines, engine
related parts and APU), on a mutually agreed delivery schedule.
[Intentionally left in blank]
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[***] Represents material which has been redacted and filed separately with the
Commission pursuant to a request for confidential treatment pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended.
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Amendment No. 1 to the LOA DCT-026/2003 Page 1 of 2
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AMENDMENT No. 1 TO LETTER OF AGREEMENT DCT-026/2003
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All other terms and conditions of the Letter Agreement, which are not
specifically amended by this Amendment 1, shall remain in full force and effect
without any change.
IN WITNESS WHEREOF, Embraer and Buyer, by their duly authorized officers, have
entered into and executed this Amendment 1 to the Letter Agreement to be
effective as of the date first written above.
Embraer - Empresa Brasileira JetBlue Airways Corporation
de Aeronautica S.A.
By : /s/ Xxxxxxx Xxxxxx By : /s/ Xxxxxx X. Xxxxxxxx
--------------------------------- --------------------------
Name : Xxxxxxx Xxxxxx Name : Xxxxxx X. Xxxxxxxx
Title : Executive Vice President Title : Senior Vice President
Engineering and Development
By : /s/ Xxxx Xxxx X. Xxxxxx
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Name : Xxxx Xxxx X. Xxxxxx
Title : Director of Contracts
Airline Market
Date: July 8, 2005 Date: July 8, 2005
Place : Sao Xxxx Des Campes, SP Place :
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Witness: /s/ Xxxxxxxx Xxxxx Witness:
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Name : Xxxxxxxx Xxxxx Name :
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Amendment No. 1 to the LOA DCT-026/2003 Page 2 of 2
