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Southwest Airlines Company – Material Contracts

NYSE: LUV    
Share price (3/24/26): $39.83    
Market cap (3/24/26): $19.6 billion

Material Contracts Filter

EX-10.24(A)
from 10-K 7 pages A__arize7arc Swa-Pa-03729-La-2504996 Southwest Airlines Co. 2702 Love Field Drive P.O. Box 36611 Dallas, Texas 75235-1611 Subject: ['] the Boeing Company P.O. Box 3707 Seattle, Wa 98124 2207 Reference. Purchase Agreement No. Pa-03729 (Purchase Agreement) Between the Boeing Company (Boeing) and Southwest Airlines Co. (Customer, and Together With Boeing, the Parties) Relating to Model 737-8 Aircraft and Model 737-7 Aircraft (Each, and Collectively, the Aircraft) This Letter Agreement (Letter Agreement) Amends and Supplements the Purchase Agreement. All Terms Used but Not Defined in This Letter Agreement Will Have the Same Meaning as in the Purchase Agreement. as Used Herein, the Term Option Agreement Means Letter Agreement No. Swa-Pa-03729-La-1106474r8 Entitled "Option Aircraft". 1. Recitals. 1.1 Whereas, [] Provide for the Application of the R (As Such Terms Are Defined in Article 2.1 Below, and Such Condition, the [ ] 1.2 Whereas, the ['] (As Defined in Article 2.1.2) Provides for the [***] on the Terms Set Forth in the ['] (As Such Terms Are Defined in Article 2.1 Below, and Such Condition, Together With the [***] ). 1.3 Whereas, Customer Has E**1 as Further Provided in Article 2 Below, and Has Asked Boeing [***] With Respect Thereto. 1.4 Whereas, ['] , Boeing [***] , on the Terms Set Forth Below. 1.5 Whereas, the Parties Otherwise Reaffirm the Continuing Validity and Availability of the [***] and the [*"] Including the Enforceability of the ["] Respectively. Page 1 Boeing Proprietary ["*] = Certain Identified Information Has Been Excluded From the Exhibit Because It Is Both Not Material and Is of the Type That the Registrant Treats as Private or Confidential
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EX-10.14
from 10-K 7 pages Ex-10.14 Amended Southwest Even Better Notice of Grant
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EX-10.1
from 10-Q 64 pages Ex-10.1 Supplemental Agreement No. 24
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EX-10.2
from 10-Q 7 pages 1 Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan Notice of Grant of Performance-Based Restricted Stock Units (For Southwest Even Better Award Dated March 14, 2025) Pursuant to the Terms of the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan (The “Plan”), Southwest Airlines Co. (The “Company”) Hereby Grants to You (The “Participant”) an Award of Performance-Based Restricted Stock Units (“Pbrsus”), in Accordance With, and Subject To, the Following: Participant: Date of Grant: Performance Periods: Vesting Date: Number of Pbrsus Granted (“Grant Amount”): Primary Target. the Number of Pbrsus That Will Vest and the Number of Shares of the Company’s Common Stock to Be Issued, if Any, as of the Vesting Date Will Be Determined Based Upon the Achievement of the Targets Set Forth in the Schedule Below (The “Primary Targets”). Performance Targets/Number of Pbrsus Vesting (Primary Targets) Number of Pbrsus Vesting and Settleable in Shares of Common Stock as of the Vesting Date Participant Understands and Agrees That the Pbrsus Are Granted in Accordance With, and Subject To, the Terms and Conditions of the Plan and the Terms and Conditions Enclosed With This Notice of Grant. the Plan and the Prospectus for the Plan Are Enclosed With This Notice of Grant. Additional Copies of These Documents Are Available Upon Request to the Company’s Stock Plan Administration Department. by Asserting Any Rights With Respect to These Pbrsus, the Participant (And Any Person Who Has Acquired the Pbrsus by Will or the Laws of Descent and Distribution or Intestacy) Will Be Deemed to Have Understood and Agreed to the Terms and Conditions of the Plan and the Accompanying Terms and Conditions
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EX-10.1
from 8-K 4 pages Amendment to Cooperation Agreement
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EX-10.18 (A)
from 10-K 43 pages Ex-10.18 (A) Boeing Supplemental Agreement No. 23
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EX-10.2 (A)
from 10-K 5 pages In Witness Whereof, the Parties Hereto Have Caused This Amendment to Be Duly Executed as of the Day and Year First Above Written. Southwest Airlines Co. By: /S/ Linda Rutherford Name: Linda Rutherford Title: Chief Administration Officer /S/ Gary C. Kelly Gary C. Kelly Signature Page to Amendment to Letter Agreement
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EX-10.1
from 8-K 28 pages Cooperation Agreement
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EX-10.1
from 10-Q 46 pages Swa-Pa-03729 1 SA-22 Boeing Proprietary Supplemental Agreement No. 22 to Purchase Agreement No. 03729 Between the Boeing Company and Southwest Airlines Co. Relating to Boeing Model 737-8 and 737-7 Aircraft This Supplemental Agreement No. 22 (SA-22), Entered Into as of April 18, 2024, Is Made Between the Boeing Company, a Delaware Corporation (Boeing), and Southwest Airlines Co., a Texas Corporation (Customer). Recitals: Whereas, Customer and Boeing Entered Into Purchase Agreement Number Pa- 03729 Dated December 13, 2011 (As Amended and Supplemented, Purchase Agreement) Relating to the Purchase and Sale of Boeing Model 737-8 (737-8 Aircraft) and Model 737-7 Aircraft (737-7 Aircraft) (737-8 Aircraft and 737-7 Aircraft Collectively, the “Aircraft”). This SA-22 Is an Amendment to and Is Incorporated Into the Purchase Agreement. Capitalized Terms Used Herein but Not Otherwise Defined Will Have the Meaning Set Forth in the Purchase Agreement; Whereas, Customer and Boeing Agree to the Reschedule of Three (3) Aircraft and Model Substitution From Model 737-7 to Model 737-8, Pursuant to the Terms of Letter Agreement No. Swa-Pa-03729-La-2202855r4 Entitled “2023-2025 Max Production Plan”, of Nineteen (19) Aircraft (Substituted Aircraft) as Follows: One (1) August 2022, Five (5) January 2025, Six (6) February 2025 and Seven (7) March 2025 Scheduled Escalation Delivery Months; Whereas, Customer and Boeing Agree to Amend the Purchase Agreement Terms to Incorporate Terms Regarding and Whereas, Customer and Boeing Agree to Reschedule the Deliveries of Certain 737-8 Option Aircraft as Identified in Option Aircraft Attachment 1-A and 1-B, Aircraft Delivery, Description, Price, and Advance Payments 737-8 Option Aircraft; [***] = Certain Identified Information Has Been Excluded From the Exhibit Because It Is Both Not Material and Is of the Type That the Registrant Treats as Private or Confidential. [***]
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EX-10.33
from 10-K 5 pages Southwest Airlines Co. Notice of Grant of Career Investment Cash Award
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EX-10.18(B)
from 10-K 47 pages Swa-Pa-03729 1 SA-21 Boeing Proprietary Supplemental Agreement No. 21 to Purchase Agreement No. 03729 Between the Boeing Company and Southwest Airlines Co. Relating to Boeing Model 737-8 and 737-7 Aircraft This Supplemental Agreement No. 21 (SA-21), Entered Into as of December 19, 2023, Is Made Between the Boeing Company, a Delaware Corporation (Boeing), and Southwest Airlines Co., a Texas Corporation (Customer). Recitals: Whereas, Customer and Boeing Entered Into Purchase Agreement Number Pa- 03729 Dated December 13, 2011 (As Amended and Supplemented, Purchase Agreement) Relating to the Purchase and Sale of Boeing Model 737-8 (737-8 Aircraft) and Model 737-7 Aircraft (737-7 Aircraft) (737-8 Aircraft and 737-7 Aircraft Collectively, the “Aircraft”). This SA-21 Is an Amendment to and Is Incorporated Into the Purchase Agreement. Capitalized Terms Used Herein but Not Otherwise Defined Will Have the Meaning Set Forth in the Purchase Agreement; Whereas, Customer Has Previously Notified Boeing of the Exercise of (I) Seven (7) Original Option Aircraft and One (1) 2020 Option Aircraft (Exercised Option Aircraft) Pursuant to the Terms of Letter Agreement No. Swa-Pa-03729-La-1106474r8, Entitled “Option Aircraft” and (II) Concurrent Model Substitution Pursuant to the Terms of Letter Agreement No. Swa-Pa-03729-La-1106471r2 Entitled “Substitute Aircraft” as Follows: (I) Three (3) Original Option Aircraft and Model Substitutions for Such Exercised Option Aircraft From 737-8 to 737-7 Aircraft Scheduled for Delivery in February 2025; and (II) Four (4) Original Option Aircraft and One (1) 2020 Option Aircraft and Model Substitutions for Such Exercised Option Aircraft From 737-8 to 737-7 Aircraft Scheduled for Delivery in March 2025; [***] = Certain Identified Information Has Been Excluded From the Exhibit Because It Is Both Not Material and Is of the Type That the Registrant Treats as Private or Confidential
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EX-10.18(A)
from 10-K 139 pages Ex-10.18(A) Boeing Supplemental Agreement No. 20
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EX-10.18(A)
from 10-K 41 pages Recitals
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EX-10.2
from 10-Q 35 pages Recitals
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EX-10.2
from 10-Q 46 pages Recitals
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EX-10.1
from 10-Q 62 pages Recitals
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EX-10.3
from 10-Q 5 pages Ex-10.3 Letter Agrmnt Between Swa & Gary Kelly, Eff. Feb 1, 2022
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EX-10.2
from 10-Q 5 pages Southwest Airlines Co. Notice of Grant of Restricted Cash Performance Award
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EX-10.1
from 10-Q 5 pages Southwest Airlines Co. Senior Executive Short Term Incentive Plan Notice of Grant of Restricted Cash Award
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EX-10.18
from 10-K 599 pages Boeing Proprietary
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