US Airways 2003 Annual Report Download - page 201

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Exhibit 10.14
SEVERANCE AGREEMENT
Agreement dated as of June 26, 2002, 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 B. Ben Baldanza, residing at 1225 Stuart Robeson Drive, McLean, VA 22101 (the
"Executive").
W I T N E S S E T H
WHEREAS, the Executive has assumed duties of a responsible nature to the benefit of the Company and to the satisfaction of its Board of
Directors (the "Board");
WHEREAS, the Board believes it to be in the best interests of the Company to enter into this Agreement 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 severance of employment or
Change of Control (as defined below) of the Company; and
WHEREAS, the Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and
risks created by a pending or threatened severance of employment or Change of Control and to encourage the Executive's full attention and dedication to the
Company currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits
arrangements upon a severance of employment which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are
competitive with those of other corporations. Therefore, in order to accomplish all the above objectives, the Board has caused the Company to enter into this
Agreement.