US Airways 2003 Annual Report Download - page 148
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Group Board of Directors or other annual bonus plan hereafter approved by the Board ("Incentive Plan"). The Executive's target percentage under the
Incentive Plan each year shall be no less than 60% of her Base Salary (as in effect on the first day of the year) and her maximum bonus opportunity
each year shall be no less than 120% of such Base Salary. The annual bonus under Section 4(b)(ii) shall hereinafter be referred to as the "Annual
Bonus". Notwithstanding the foregoing provisions of this Section 4(b)(ii), under the concession program currently in place, there will be no Incentive
Plan awards made with respect to calendar years 2002 and 2003.
(iii) Long-Term Incentive Plan. In addition to Base Salary and Annual Bonus, the Executive shall be eligible to participate in the Long-
Term Incentive Plan in accordance with its terms as approved by the Group Board of Directors or such other long-term incentive plan as is hereafter
approved by the Board ("LTIP"). The Executive's target percentage under the LTIP shall be no less than 80% of her Base Salary (as in effect on the first
day of the year) and her maximum bonus opportunity each year shall be no less than 160% of such Base Salary. Notwithstanding the foregoing
provisions of this Section 4(b)(iii), under the concession program currently in place, there will be no LTIP awards made in calendar years 2002 and
2003.
(iv) Signing Bonus. Within thirty (30) days following the Effective Date, the Company shall pay the Executive a signing bonus of
$250,000. In the event that the Executive terminates her employment with the Company
10