Exhibit 10.3
AMENDMENT TO PARTICIPATION AGREEMENT
AMENDMENT AGREEMENT (THE “ AGREEMENT ”) TO THE PARTICIPATION
AGREEMENT DATED JUNE 14, 2000 (THE “ PARTICIPATION AGREEMENT ”) ENTERED
INTO BY AND AMONG THE FEDERAL GOVERNMENT OF THE UNITED MEXICAN STATES
(THE “ FEDERAL GOVERNMENT ”), THROUGH THE DEPARTMENT OF
COMMUNICATIONS AND TRANSPORTS (“ SCT ”), NACIONAL FINANCIERA, S.N.C.,
TRUST DIVISION IN ITS CAPACITY AS TRUSTEE UNDER TRUST NUMBER 5111-3 (“ NAFIN
”), GRUPO AEROPORTUARIO DEL CENTRO NORTE, S.A. DE C.V. (THE “ HOLDING
COMPANY ”), SERVICIOS AERPORTUARIOS DEL CENTRO NORTE, S.A. DE C.V. (THE “
SERVICE COMPANY ”), THE CONCESSION COMPANIES, SERVICIOS DE TECNOLOGIA
AEROPORTUARIA, S.A. DE C.V (FORMERLY KNOWN AS OPERADORA MEXICANA DE
AEROPUERTOS S.A. DE C.V. (THE “ STRATEGIC PARTNER ”), CONSTRUCTORAS ICA, S.A.
DE C.V. (CURRENTLY AEROINVEST, S.A. DE C.V. (“ AEROINVEST ”)) AND AEROPORTS DE
PARIS (“ ADP ”) WITH THE APPEARANCE OF BANCO NACIONAL DE COMERCIO
EXTERIOR, S.N.C., TRUST DIVISION (THE “ TRUSTEE ”), ENTERED INTO BY AND AMONG
THE FEDERAL GOVERNMENT THROUGH SCT, REPRESENTED BY AARON DYCHTER
POLTOLAREK, NAFIN REPRESENTED BY RICARDO RANGEL FERNANDEZ MACGREGOR,
THE HOLDING COMPANY REPRESENTED BY RUBEN LOPEZ BARRERA, THE SERVICE
COMPANY REPRESENTED BY RUBEN LOPEZ BARRERA, THE STRATEGIC PARTNER
REPRESENTED BY LUIS ZARATE ROCHA, THE TRUSTEE REPRESENTED BY CARLOS
FLORES SALINAS, AEROINVEST REPRESENTED BY ALONSO QUINTANA KAWAGE, ADP
REPRESENTED BY NICOLAS CLAUDE, AND THE CONCESSION COMPANIES,
REPRESENTED BY RUBEN LOPEZ BARRERA, AND EMPRESAS ICA, S.A. DE C.V.
(HEREINAFTER " EMICA ") REPRESENTED BY JOSE LUIS GUERRERO ALVAREZ
PURSUANT TO THE FOLLOWING DEFINITIONS, RECITALS, REPRESENTATIONS AND
CLAUSES:
DEFINITIONS
The terms with capital initial defined and used in this Agreement shall have the meaning attributed to them
hereunder, or in the absence thereof, in the Participation Agreement.
RECITALS
1. On June 14, 2000 the Participation Agreement was execu