United Airlines 2014 Annual Report Download - page 148

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Exhibit 10.30
Description of Compensation and Benefits for Non-Employee Directors
Active non-employee directors of United Continental Holdings, Inc. (the “Company”) elected by the holders of the Company’s Common Stock (for purposes
of this summary, “non-employee directors”) receive the compensation and benefits described in this summary.
Cash and Equity Compensation. Active non-employee directors receive the following annual cash and equity compensation: (i) cash retainer of $85,000;
(ii) lead independent director receives additional cash retainer of $25,000; (iii) grant of $125,000 of restricted stock units granted following election to the
Board at the annual meeting of stockholders and valued based on the average of the high and low sales prices of the Company’s common stock on the date of
grant; (iv) Chair of the Audit Committee receives $25,000 and members receive $15,000; and (v) Chair of each of the Compensation, Executive, Finance,
Nominating/Governance, and Public Responsibility Committees receive $20,000 and members receive $12,500.
Travel Benefits.
UATP Travel Card. Each non-employee director receives a UATP Travel Card to be used for leisure travel on the Continental and United systems. The
annual travel limit of the UATP Travel Card for 2015 is $42,378.
Space Available Travel. In addition to the UATP Travel Card, each non-employee director and his or her eligible family members receive space available
flight passes.
Tax Gross-Up. Each non-employee director is entitled to an annual tax gross-up payment for travel. The annual limit for 2015 is $29,136. The gross-up is
intended to reimburse a non-employee director for taxes incurred as a result of including the leisure travel benefits in his or her income.
Club Membership. Each non-employee director and the non-employee director’s spouse or qualified domestic partner receives membership in the United
Club (or any successor program).
Frequent Flyer Status. Each non-employee director and the non-employee director’s spouse or qualified domestic partner receives 1K Global Services Status.
Lifetime Benefits. A non-employee director who (i) served as a member of the Board on October 1, 2010 or (ii) becomes a member of the Board following
October 1, 2010 and attains at least five consecutive years of service, shall be eligible to receive, along with his or her spouse or qualified domestic partner, a
UATP Travel Card, club membership and frequent flyer status for his or her lifetime. Non-employee directors who were eligible to receive reimbursement for
taxes incurred on post-separation flight benefits pursuant to a similar policy with UAL Corporation or Continental Airlines, Inc. prior to October 1, 2010 will
receive tax gross-up payments for the lifetime of the non-employee director.
Survivorship Benefits. Non-employee directors elected by the holders of the Company’s Common Stock who served as a member of the Board on October 1,
2010 will have certain survivorship benefits, which are available to such non-employee director’s surviving spouse or