Exhibit 10.3
VIA FEDEX ENVELOPE
September 9, 2011
Mr. Gregory J. Bayne
Contracting Officer
United States Postal Service
475 L’Enfant Plaza S.W.
Washington, D.C. 20260-6210
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RE:
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Transportation Agreement dated July 31, 2006 (the “Transportation Agreement”) between the
United States Postal Service (the “USPS”) and Federal Express Corporation (“FedEx”) |
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Change in Conversion Factor |
Dear Mr. Bayne:
As provided in the previously amended Paragraph A.1.a. of Exhibit B to the Transportation
Agreement, the USPS and FedEx agree that the Conversion Factor is [ * ] effective on the September
Schedule Period that begins on August 29, 2011.
By signing this letter, the USPS and FedEx agree to this amendment of the Transportation Agreement.
All capitalized terms have the meanings set out in the Transportation Agreement.
Please sign both counterparts of this letter, retain one for the USPS’ records, and return the
other fully executed counterpart to:
Myla Williams
Legal Department
Federal Express Corporation
3620 Hacks Cross Road
Building B, 3rd Floor
Memphis, Tennessee 38125
(901) 434-8362
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Blank spaces contained confidential information which has been filed separately with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of
1934, as amended. |
Federal Express Corporation
Letter Agreement
September 9, 2011
If you should have any questions, please call Myla Williams at (901) 434-8362 or Ron Stevens
at (901) 434-8954. Thank you.
Sincerely,
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FEDERAL EXPRESS CORPORATION
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/s/ PAUL J. HERRON |
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Paul J. Herron |
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Vice President |
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Postal Transportation Management |
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AGREED TO AND ACCEPTED this 20th day of SEPTEMBER, 2011.
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| THE UNITED STATES POSTAL SERVICE |
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By:
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/s/ GREGORY BAYNE |
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Its:
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CONTRACTING OFFICER, AIR TRANSPORTATION CMC |
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The “USPS” |
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cc: |
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Kyle Adams |
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Joseph Anzelone |
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Mary Taylor |