Exhibit 10.1
Supplemental Agreement No. 45
to
Purchase Agreement No. 1810
between
THE BOEING COMPANY
and
SOUTHWEST AIRLINES CO.
Relating to Boeing Model 737-7H4 Aircraft (the Aircraft)
THIS SUPPLEMENTAL AGREEMENT, entered into as of June 9, 2005, by and
between THE BOEING COMPANY, a Delaware corporation with principal offices in
Seattle, Washington, (Boeing) and SOUTHWEST AIRLINES CO., a Texas corporation
with principal offices in Dallas, Texas (Buyer);
WHEREAS, the parties hereto entered into Purchase Agreement No. 1810
dated January 19, 1994, relating to Boeing Model 737-7H4 aircraft (the
Agreement) and;
WHEREAS, Buyer has agreed to exercise one (1) October 2006 Block U-W
Option Aircraft (as Block T-W Aircraft) and;
WHEREAS, Boeing agreed to provide further business considerations
relating the Aircraft and;
NOW THEREFORE, in consideration of the mutual covenants herein
contained, the parties agree to amend the Agreement as follows:
1. The Table of Contents of the Agreement is deleted in its entirety and a
new Table of Contents is attached hereto and incorporated into the Agreement
by this reference.
2. Table 1 is deleted in its entirety and replaced by a new Table 1 which
is attached hereto and is incorporated into the Agreement by this reference.
***Pursuant to 17 CFR 240.24b-2, confidential information has been omitted
and has been filed separately with the Securities and Exchange Commission
pursuant to a Confidential Treatment Application filed with the Commission.
P.A. No. 1810 SA-45-2
K/SWA
3. Table 2 is deleted in its entirety and replaced by a new Table 2 which
is attached hereto and is incorporated into the Agreement by this reference.
NOTE - Buyer now has fifty-three (53) 'banked' Rollover Option Aircraft as
a result of the option exercises covered by Supplemental Agreement No. 21,
23, 24, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42,
43, 44 and 45 that may be converted to Option Aircraft at a future date
subject to the terms of Letter Agreement No. 6-1162-RLL-933R19.
4. Letter Agreement No. 6-1162-JMG-669R5 entitled "Special Matters" is
deleted in its entirety and replaced by Agreement No. 6-1162-JMG-669R6
entitled "Special Matters" attached hereto and is hereby incorporated into
the Agreement by this reference.
5. All references in the Letter Agreements associated with Purchase
Agreement No. 1810 shall be deemed to refer to the purchase by Buyer of two
hundred eighty-nine (289) Model 737-7H4 Aircraft, thirty-four (34) Model 737-
7H4 Option Aircraft and two hundred seventeen (217) Model 737-7H4 Rollover
Option Aircraft, to the extent such reference is not specifically addressed
herein.
6. The Advance Payments due upon signing assuming execution of this
Supplemental Agreement on or before June 30, 2005 are:
*** for one (1) October 2006 aircraft
Buyer will pay the *** directly to Boeing on or before Thursday, June 30,
2005.
The Agreement will be deemed to be supplemented to the extent herein provided
and as so supplemented will continue in full force and effect.
EXECUTED IN DUPLICATE as of the day and year first above written.
THE BOEING COMPANY SOUTHWEST AIRLINES CO.
By: /s/ Xxxxxx Xxxxx By: /s/ Xxxxx Xxxxxx
Its: Attorney-In-Fact Its: Senior Vice President
Finance & CFO
P.A. No. 1810 SA-45-1
K/SWA
TABLE OF CONTENTS
Page SA
Number Number
ARTICLES
1. Subject Matter of Sale 1-1 SA-13
2. Delivery, Title and Risk of Loss 2-1 SA-28
3. Price of Aircraft 3-1 SA-28
4. Taxes 4-1
5. Payment 5-1
6. Excusable Delay 6-1
7. Changes to the Detail Specification 7-1 SA-1
8. Federal Aviation Requirements and
Certificates and Export License 8-1
9. Representatives, Inspection,
Flights and Test Data 9-1
10. Assignment, Resale or Lease 10-1
11. Termination for Certain Events 11-1
12. Product Assurance; Disclaimer and
Release; Exclusion of Liabilities;
Customer Support; Indemnification
and Insurance 12-1
13. Buyer Furnished Equipment and
Spare Parts 13-1
14. Contractual Notices and Requests 14-1
15. Miscellaneous 15-1
P.A. No. 1810 i
K/SWA SA-45
TABLE OF CONTENTS CON'T
SA
Number
TABLE
1. Aircraft Information Table SA-45
2. Option Aircraft Information Table SA-45
EXHIBITS
A Aircraft Configuration SA-36
B Product Assurance Document SA-1
C Customer Support Document
D Price Adjustments Due to
Economic Fluctuations - Aircraft SA-13
E Buyer Furnished Equipment
Provisions Document
F Defined Terms Document
LETTER AGREEMENTS
1810-1 Waiver of Aircraft Demonstration Flight
P.A. No. 1810 ii
K/SWA SA-45
TABLE OF CONTENTS CON'T
SA
Number
RESTRICTED LETTER AGREEMENTS
6-1162-RLL-932R2 Promotional Support SA-13
6-1162-RLL-933R19 Option Aircraft SA-28
6-1162-RLL-934R3 Disclosure of Confidential SA-14
Information
6-1162-RLL-935R1 Performance Guarantees SA-1
6-1162-NIW-890 *** XX-00
0-0000-XXX-000X0 Xxxxxxx Contractual Matters XX-0
0-0000-XXX-000 Xxxxxxxxx Advance Payment Schedule
6-1162-RLL-938 ***
6-1162-RLL-939R1 Certification Flight Test Aircraft SA-1
6-1162-RLL-940R1 Training Matters SA-1
6-1162-RLL-941R2 Other Matters SA-13
6-1162-RLL-942 Open Configuration Matters
6-1162-RLL-943R1 Substitution Rights XX-0
0-0000-XXX-000 Xxxxxxxx Maintenance Material Cost
Protection Program
6-1162-RLL-945 Comparison of 737-7H4 and 000-0X0
Xxxxx Xxxx Xxxx
0-0000-XXX-0000X0 Additional Contractual Matters SA-4
6-1162-RLL-1856 *** SA-1
6-1162-RLL-1857 Service Ready Validation Program SA-1
Field Test
6-1162-RLL-1858R1 Escalation Matters SA-4
P.A. No. 1810 iii
K/SWA SA-45
TABLE OF CONTENTS CON'T
SA
Number
RESTRICTED LETTER AGREEMENTS
6-1162-RLL-2036 Amortization of Costs for
Customer Unique Changes XX-0
0-0000-XXX-0000 Xxxxxxxxxxxxxx of the Aircraft SA-1
Basic Price
6-1162-RLL-2073 Maintenance Training Matters SA-1
6-1162-KJJ-054 Business Matters SA-13
6-1162-KJJ-055R1 Structural Matters SA-25
6-1162-KJJ-056 Noise and Emission Matters SA-13
6-1162-KJJ-057 Product Development Matters SA-13
6-1162-KJJ-058 Additional Substitution Rights SA-13
6-1162-KJJ-150 Flight Control Computer & Mode SA-14
Control Panel Spares Matter
6-1162-MSA-185R3 Delivery Change Contractual SA-21
Matters
6-1162-JMG-669R6 Special Matters SA-45
6-1162-JMG-747R1 *** XX-00
0-0000-XXX-000 Xxxxxxxxxxx Flight Test Aircraft SA-32
6-1162-NIW-606R1 *** SA-36
6-1162-NIW-640 *** XX-00
0-0000-XXX-000 Xxxxxxxx - Exterior Color Schemes SA-39
and Markings for YA143 and on
6-1162-NIW-1142 *** SA-43
P.A. No. 1810 iv
K/SWA SA-45
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Base Aircraft Special Aircraft Basic Base Year
Price Features Price Dollars
Block A, B, C, D & E *** *** *** July 1992
Aircraft
Block F & G Aircraft *** *** *** July 1992
Block H Aircraft *** *** *** July 1992
Block I Aircraft *** *** *** July 1992
Block J Aircraft *** *** *** July 1992
Block K Aircraft *** *** *** July 1992
Block K-W Aircraft *** *** *** July 1992
Block L Aircraft *** *** *** July 1992
Block T Aircraft *** *** *** July 1999
Block T-W Aircraft *** *** *** July 1999
Block K-W Aircraft: Block K airplanes with production winglets installation
Block T-W Aircraft: Block T airplanes with production winglets installation
SWA Page 1 SA-45
Table 1 to
Purchase Agreement No. 1810
Aircraft Information Table
Escalation Estimate
Delivery Number of Aircraft Adv Payment Base
Date Aircraft Block Price Per A/P
Dec-2000 2 E ***
Jan-2001 1 E ***
Feb-2001 1 E ***
Mar-2001 2 E ***
Jun-2001 3 E ***
Sep-2001 3 E ***
Oct-1998 1 F ***
Nov-1998 2 F ***
Dec-1998 2 F ***
Mar-1999 2 G ***
Jun-1999 2 H ***
Jul-1999 1 H ***
Aug-1999 1 H ***
Sep-1999 2 H ***
Oct-1999 1 H ***
Mar-2000 1 H ***
Apr-2000 2 H ***
Sep-2000 1 H ***
Oct-2000 2 H ***
Mar-2001 2 H ***
Apr-2001 1 H ***
Oct-2001 3 H ***
Nov-2001 2 I ***
Dec-2001 1 I ***
Jan-2002 1 I ***
Mar-2002 4 I ***
Apr-2002 2 I ***
Dec-2002 2 I ***
May-2003 1 I ***
Jun-2003 2 I ***
Jul-2003 1 I ***
Aug-2003 1 I ***
Sep-2003 3 I ***
Nov-2002 1 J ***
Dec-2002 1 J ***
Nov-2003 2 J ***
Dec-2003 2 J ***
Mar-2004 1 J ***
Mar-2004 1 K ***
Apr-2004 3 K ***
May-2004 1 K ***
Jun-2004 2 K ***
Jul-2004 2 K ***
Sep-2004 1 K-W ***
Oct-2004 4 K-W ***
Oct-1999 1 L ***
Nov-1999 2 L ***
Dec-1999 1 L ***
Jun-2000 3 L ***
Jul-2000 3 L ***
Sep-2000 1 L ***
Oct-2000 1 L ***
Nov-2000 4 L ***
Dec-2000 1 L ***
Jan-2001 1 L ***
Feb-2001 1 L ***
Jul-2001 1 L ***
Sep-2001 1 L ***
Oct-2001 1 L ***
Mar-2003 2 L ***
Jul-2003 1 L ***
Aug-2003 2 L ***
Nov-2001 1 T ***
Feb-2002 1 T ***
Jan-2004 2 T ***
Feb-2004 1 T ***
Apr-2004 3 T ***
May-2004 1 T ***
Jun-2004 6 T ***
Jul-2004 2 T ***
Aug-2004 6 T-W ***
Sep-2004 4 T-W ***
Oct-2004 0 T-W ***
Nov-2004 3 T-W ***
Dec-2004 3 T-W ***
Jan-2005 5 T-W ***
Feb-2005 3 T-W ***
Mar-2005 4 T-W ***
Apr-2005 4 T-W ***
May-2005 2 T-W ***
Jun-2005 4 T-W ***
Jul-2005 2 T-W ***
Aug-2005 2 T-W ***
Sep-2005 3 T-W ***
Oct-2005 2 T-W ***
Nov-2005 2 T-W ***
Dec-2005 1 T-W ***
Jan-2006 1 T-W ***
Feb-2006 4 T-W ***
Mar-2006 3 T-W ***
Apr-2006 2 T-W ***
May-2006 5 T-W ***
Jun-2006 5 T-W ***
Jul-2006 3 T-W ***
Aug-2006 3 T-W ***
Sep-2006 3 T-W ***
Oct-2006 1 T-W ***
Nov-2006 2 T-W ***
Dec-2006 2 T-W ***
Jan-2007 2 T-W ***
Feb-2007 3 T-W ***
Mar-2007 2 T-W ***
Apr-2007 2 T-W ***
May-2007 2 T-W ***
Jun-2007 2 T-W ***
Jul-2007 2 T-W ***
Aug-2007 2 T-W ***
Sep-2007 2 T-W ***
Oct-2007 2 T-W ***
Nov-2007 2 T-W ***
Dec-2007 2 T-W ***
Jan-2008 1 T-W ***
Feb-2008 1 T-W ***
Mar-2008 1 T-W ***
Apr-2008 1 T-W ***
May-2008 1 T-W ***
Jun-2008 1 T-W ***
Table 2 to Purchase Agreement No. 1810
(Letter Agreement No. 6-1162-RLL-933R19)
Option Aircraft Information Table
Price Description of Option Aircraft:
Base Aircraft Special Aircraft Basic Base Year
Price Features Price Dollars
Block U Option *** *** *** July 1999
Aircraft
(without Winglets)
Block U-W Option *** *** *** July 1999
Aircraft
(with Winglets)
Delivery of Rollover Option Aircraft:
Year of Number of Option Aircraft Block
Delivery Option
Aircraft
2007 Twenty (20) Q
2008 Twenty (20) R
2009 Six (6) S
2009- One Hundred V
2012 Seventy-One
(171)
Remaining Option 34
Aircraft:
SWA Page 1 SA-45
Table 2 to Purchase Agreement No. 1810
(Letter Agreement No. 6-1162-RLL-933R19)
Option Aircraft Information Table
Adv Payment
Aircraft Number of Option Base
Delivery Option Aircraft Price Per
Mo. & Yr. Aircraft Block Option Aircraft Option Exercise
Apr-2007 1 U-W *** December 1, 2005
May-2007 1 U-W *** January 1, 2006
Jun-2007 1 U-W *** February 1, 2006
Jul-2007 1 U-W *** March 1, 2006
Aug-2007 1 U-W *** April 1, 2006
Sep-2007 1 U-W *** May 1, 2006
Oct-2007 1 U-W *** June 1, 2006
Nov-2007 1 U-W *** July 1, 2006
Dec-2007 1 U-W *** August 1, 2006
Jan-2008 2 U-W *** September 1, 2006
Feb-2008 3 U-W *** October 1, 2006
Mar-2008 2 U-W *** November 1, 2006
Apr-2008 2 U-W *** December 1, 2006
May-2008 2 U-W *** January 1, 2007
Jun-2008 2 U-W *** February 1, 2007
Jul-2008 2 U-W *** March 1, 2007
Aug-2008 2 U-W *** April 1, 2007
Sep-2008 2 U-W *** May 1, 2007
Oct-2008 2 U-W *** June 1, 2007
Nov-2008 2 U-W *** July 1, 2007
Dec-2008 2 U-W *** August 1, 2007
6-1162-JMG-669R6
Southwest Airlines Co.
P.O. Box 36611 - Love Field
Xxxxxx, Xxxxx 00000
Subject: Special Matters
This Letter Agreement amends Purchase Agreement No. 1810 dated as of January
19, 1994 (the Agreement) between The Boeing Company (Boeing) and
Southwest
Airlines Co. (Buyer) relating to Model 737 aircraft:
1) ***
2) ***
All terms used and not defined herein will have the same meaning as in the
Agreement.
1. ***
2. ***
3. ***
4. ***
5. ***
6. ***
7. ***
8. ***
9. ***
P.A. No. 0000 XX-00
X/XXX
Xxxxxxxxx Xxxxxxxx Xx.
0-0000-XXX-000X0
10. ***
11. Confidential Treatment.
Buyer understands that certain commercial and financial information contained
in this Letter Agreement including any attachments hereto is considered by
Boeing as confidential. Buyer agrees that it will treat this Letter
Agreement and the information contained herein as confidential and will not,
without the prior written consent of Boeing, disclose this Letter Agreement
or any information contained herein to any other person or entity except as
provided in Letter Agreement No. 6-1162-RLL-934, as amended.
Very truly yours,
THE BOEING COMPANY
By /s/ Xxxxxx Xxxxx
Its Attorney-In-Fact
ACCEPTED AND AGREED TO this
date: June 9, 0000
XXXXXXXXX XXXXXXXX CO.
By /s/ Xxxxx Xxxxxx
Its SVP Finance & CFO
P.A. Xx. 0000
X/XXX XX-00
Xxxxxxxxx Xxxxxxxx Xx.
Xxxxxxxxxx A to 6-1162-JMG-669R6
***
P.A. No. 1810
K/SWA SA-45