US Airways 2003 Annual Report Download - page 119

Section 5.3 Termination by Reason of Death. If a Participant dies prior to receiving payment of his or her Retirement Benefit, payment shall be made to
the beneficiary or beneficiaries designated by the Participant by written instruction delivered to the Administrator during the Participant's lifetime. A
Participant may designate one or more primary and contingent beneficiaries to receive his or her Retirement Benefit, and may designate the proportions in
which such beneficiaries are to receive such payments. The Participant may change such designations from time to time, and the last written designation filed
with the Administrator prior to the Participant's death shall control. If a Participant fails to specifically designate a beneficiary, or if no designated beneficiary
survives the Participant, payment shall be made by the Administrator in the following order of priority:
(a) to the Participant's surviving spouse; or
(b) in the event there is no surviving spouse, to the Participant's children (per stirpes), if any; or
(c) to the Participant's estate.
Section 5.4 Tax Payment. In order to assist a Participant with the payment of taxes on Contributions to the Trust on behalf of the Participant, promptly
after making any Contribution to a Participant's Account, the Company shall set aside for payment to the Participant an amount (the "Tax Payment"),
determined so that the net amount of the Tax Payment retained by the Participant, after deduction of any federal, state and local income and employment taxes
upon the Tax Payment, shall be equal to the total federal, state and local income and employment taxes owed by the Participant with respect to such
Contribution. For purposes of determining the amount of each Tax Payment, a Participant shall be deemed to pay federal, state and local income taxes at an
aggregate effective rate of 42%. Notwithstanding the foregoing provisions of this Section 5.4, the Company shall withhold from each Tax Payment the
amount of withholding required of the Company pursuant to applicable federal, state and local tax laws and employment taxes with respect to (i) such
Contribution to the Participant's Account and (ii) the payment of the Tax Payment. The Company shall remit such withheld amount to the proper
governmental authorities as soon as possible after making a Contribution to the Participant's Account.
Section 5.5 Distribution of Trust Income. Any realized income or gain that is attributable to a Participant's Account shall be distributed to such
Participant in accordance with the terms of the Trust Agreement entered into by the Trustee and the Company .
ARTICLE VI
WITHDRAWALS
Section 6.1 In-Service Withdrawals. Participants may withdraw, at any time, upon a written request made to the Human Resources Committee
specifying the amount of funds requested and the reasons for such withdrawal, all or any portion of their vested Account balance. The Human Resources
Committee shall approve such a request in its sole and complete discretion, provided that no such request shall be approved unless it meets the conditions that
must be met in order to make a hardship withdrawal under the US Airways, Inc. Employee
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