US Airways 2006 Annual Report Download - page 257

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6.1 Termination Due to Death. If the Executive's employment is terminated by reason of the Executive's death, this Agreement shall terminate without
further obligations to the Executive's estate, other than (i) Accrued Obligations that the Executive has accrued or earned as of the Date of Termination, (ii) any
earned but unpaid Annual Bonus from the year prior to the Date of Termination, and (iii) in the event Annual Bonuses are actually paid to executives for the
year in which the Executive's death occurs, a prorated bonus equal to the product of the amount of Annual Bonus that the Executive would have earned at the
end of the year times a fraction, the numerator of which is the number of days in the current year through the Date of Termination and the denominator of
which is 365. The Accrued Obligations shall be paid to the Executive's estate in a lump sum in cash within 30 days following the Date of Termination, and the
amount of any Annual Bonus payable to the Executive's estate shall be payable at the same time that Annual Bonuses are paid to other executives.
6.2 Termination Due to Disability. If the Executive's employment is terminated due to the Executive's Disability, this Agreement shall terminate as of the
Date of Termination without further obligations to the Executive, other than (i) Accrued Obligations that the Executive has accrued or earned as of the Date of
Termination, (ii) any earned but unpaid Annual Bonus from the year prior to the Date of Termination, (iii) in the event Annual Bonuses are actually paid to
executives for the year in which the Executive's Disability occurs, a prorated bonus equal to the product of the amount of Annual Bonus that the Executive
would have earned at the end of the year times a fraction, the numerator of which is the number of days in the current year through the Date of Termination
and the denominator of which is 365, and (iv) disability and other benefits (to the extent permitted by law or by the applicable insurance policies) provided by
the Company to disabled employees and/or their families, as the same may change from time to time for Key Employees. The Accrued Obligations shall be
paid to the Executive in a lump sum in cash within 30 days following the Date of Termination and the amount of any Annual Bonus payable to the Executive
shall be payable at the same time that Annual Bonuses are paid to other Key Employees.
6.3 Termination by the Company for Cause. If the Executive's employment is terminated by the Company for Cause, this Agreement shall terminate
without further obligations to the Executive other than Accrued Obligations that the Executive has accrued or earned as of the Date of Termination. All such
Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days following the Date of Termination.
6.4 Voluntary Resignation by the Executive. If the Executive terminates his employment by voluntary resignation (but not for Good Reason), this
Agreement shall terminate without further obligations to the Executive, other than Accrued Obligations that the Executive has accrued or earned as of the
Date of Termination. All such Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days following the Date of Termination.
6.5 Termination by the Company Without Cause or Termination by Executive for Good Reason.
(a) After the Effective Date, if the Company shall terminate the Executive's employment without Cause, or if the Executive shall terminate his
employment for Good
CRELLIN EMPLOYMENT AGREEMENT Page 11