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[***]

The Buyer's right to be paid damages in respect of the A330-

900neo Aircraft is conditional upon the Buyer submitting

a claim in respect of such liquidated damages in writing to the Seller not later than [***] after the last day of the

Scheduled Delivery Period.

[***]

If, as a result of an Inexcusable Delay, the Delivery of an Aircraft does not occur within [***] after the last day of the

Scheduled Delivery Period, the Buyer will have the right, exercisable by written notice to the Seller given between

[***] and [***] after lapse of such

[***] CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO

A REQUEST FOR CONFIDENTIAL TREATMENT

11.

INEXCUSABLE DELAY

11.1

Liquidated Damages

11.1.1 A330-

900neo Aircraft

11.1.1.1

Should an A330-

900neo Aircraft not be Ready for Delivery within [***] after the last day of the Scheduled Delivery

Month of such A330-

900neo Aircraft and such delay is not a result of an Excusable Delay or Total Loss, then such

delay shall be termed an “ Inexcusable Delay ”.

In the event of an Inexcusable Delay, then the Buyer shall have the

right to claim, and the Seller shall pay by way of liquidated damages to the Buyer for each day of delay in the

Delivery commencing on the date falling [***] after the last day of the Scheduled Delivery Month:

11.1.2 A350-

900 Aircraft

11.1.2.1

Should an A350-

900 Aircraft not be Ready for Delivery within [***] after the last day of the Scheduled Delivery

Month of such A350-

900 Aircraft due to an Inexcusable Delay, then the Buyer shall have the right to claim, and the

Seller shall pay by way of liquidated damages to the Buyer for each day of delay in the Delivery commencing on the

date falling [***] after the last day of the Scheduled Delivery Month:

11.1.3 The Buyer's right to be paid damages in respect of the A350-900 Aircraft is conditional upon the Buyer submitting a

claim in respect of such liquidated damages in writing to the Seller not later than [***] after the last day of the

Scheduled Delivery Period of the affected A350-900 Aircraft.

11.2

Renegotiation

CT1404840_PA_A330-900neo_A350-900_EXECUTION.Docx

PRIVILEDGED AND CONFIDENTIAL