US Airways 2003 Annual Report Download - page 139

Exhibit 10.5
EMPLOYMENT AGREEMENT
Agreement dated as of March 1, 2003, between US Airways, Inc., a Delaware corporation, having a place of business at Crystal Park Four, 2345
Crystal Drive, Arlington, Virginia 22227 (the "Company") and Elizabeth K. Lanier, residing at 3668 Grandin Road, Cincinnati, Ohio 45226 (the "Executive").
W I T N E S S E T H
WHEREAS, the Executive has assumed duties as of March 1, 2003 of a responsible nature to the benefit of the Company and to the satisfaction of its
Board of Directors (the "Board");
WHEREAS, the Executive has been elected to serve as Executive Vice President of the Company as of March 1, 2003 and as Executive Vice President
– Corporate Affairs and General Counsel upon the occurrence of the "Effective Date" of the Company's First Amended Joint Plan of Reorganization (the
"Plan") without further action by the Company or the Board;
WHEREAS, the Board believes it to be in the best interests of the Company to enter into this Agreement, which is consistent with and in furtherance of
the Plan (including Exhibit A and Exhibit E-3 of the Plan), to assure Executive's continuing services to the Company including, but not limited to, under
circumstances in which there is a possible, threatened or actual Change of Control (as defined below) of the Company; and