US Airways 2003 Annual Report Download - page 149
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during the first year of employment, the Executive shall retain a ratable portion of the signing bonus (based on the number of full calendar months
worked over twelve (12)) and shall promptly repay the remaining balance of the signing bonus to the Company.
(v) Equity Package. After the Company's emergence from bankruptcy, an equity package for the Executive will be recommended to the
Human Resources Committee of the Board. The Executive's equity package will be consistent with the equity packages of other Executive Vice
Presidents of the Company except with respect to an Executive Vice President whose employment agreement is modified to include an additional
change of control trigger pursuant to Exhibit E-3 of the Plan.
(vi) Supplemental Executive Retirement Agreement. The Executive will receive a Supplemental Executive Retirement Agreement
("SERP") which will implement the provisions of the Company's letter to the Executive dated February 26, 2003 (the "Offer Letter"), as modified by
the requirements imposed on existing Company SERPs by Exhibit E-3 of the Plan.
(vii) Incentive, Savings and Retirement Plans. In addition to the compensation payable as hereinabove provided, the Executive shall be
entitled to participate during the Employment Period in all incentive, savings and retirement plans, practices, policies and programs applicable on or
after the Effective Date to other key employees of the Company and its subsidiaries, in each case providing benefits which are the economic equivalent
to those in effect on the Effective Date or as subsequently amended.
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