US Airways 2006 Annual Report Download - page 255

4.4 Annual Bonus. The Executive shall be eligible to participate in the Company's annual cash bonus program under the Company's Incentive
Compensation Plan, as determined by the Human Resources Committee of the Board or any other annual bonus plan hereafter approved by the Board
("Incentive Plan"). The annual bonus under this Section 4.4 shall hereinafter be referred to as the "Annual Bonus."
4.5 Long-Term Incentive Plan. The Executive shall be eligible to participate in the long-term incentive program under the Company's Long-Term
Incentive Plan, as determined by the Human Resources Committee of the Board or any other long-term incentive plan hereafter approved by the Board
("LTIP").
4.6 Retirement Plans. The Executive shall be eligible to participate in the US Airways Group, Inc. Funded Executive Defined Contribution Plan and the
US Airways Group, Inc. Unfunded Executive Defined Contribution Plan (the "EDCPs"). While participating in the EDCPs, the Executive shall not be eligible
to receive allocations of any employer contributions under any tax-qualified retirement plan or to participate in any other nonqualified retirement or deferred
compensation plan sponsored by the Company or Group. EDCP payments reduced after October 11, 2004 shall be restored in monthly installments over a
two-year period beginning on October 12, 2006 (the "Restoration Payments"), as long as the Executive remains employed by the Company. Notwithstanding
the foregoing, in the event that the Executive terminates employment at any time before commencement of the Restoration Payments or during the period that
Restoration Payments are being made due to (i) death, (ii) Disability, (iii) termination by the Company without Cause, or (iv) termination by the Executive
due to Good Reason, then the Executive shall be immediately eligible to receive a lump sum payment equivalent to the present value of the Restoration
Payments. If the Executive terminates employment due to termination by the Company for Cause or due to the Executive's voluntary termination, then no
Restoration Payments shall be made to the Executive's account (and/or directly to the Executive), and if Restoration Payments have already commenced, such
payments shall cease as of the Date of Termination.
4.7 Welfare and Fringe Benefit Plans. During his employment with the Company, the Executive shall be eligible to participate in the Company's welfare
and fringe benefit plans pursuant to the Company's plans and policies as in effect for active Key Employees from time to time. The Company reserves the
right to amend or terminate any of its welfare and fringe benefit plans and policies (including but not limited to coverages and premium structures) at any
time.
4.8 Business Expenses. During his employment with the Company, the Executive shall be entitled to receive prompt reimbursement for all reasonable
expenses incurred by the Executive in accordance with the expense reimbursement policies and procedures of the Company applicable to other active Key
Employees.
4.9 Withholding, FICA, FUTA, Etc. Any amount to be paid to the Executive under the provisions of this Agreement which represents taxable income shall
be subject to, and reduced by, any applicable federal, state or local taxes imposed by law, included, but not limited to, taxes imposed under Subtitle C of the
Code.
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