I found this on the internet.
Mr. Jerrold A. Glass
March 28, 2002
Page 3
You will be eligible to receive lifetime officer travel benefits upon the
completion of five years of service with US Airways.
As an officer of US Airways, you will also receive an employment agreement
providing you with certain benefits in the event that your employment is
terminated or substantially changed either prior to a change in ownership of the
company or following a change of control. If your employment is terminated or
substantially changed prior to a change in control, you will receive a severance
benefit equal to two years' base salary and target bonus. In the event that your
employment is terminated or substantially changed after a change in control, you
will receive a severance benefit equal to three years' base salary and target
bonus, three years of benefit continuation, three years of LTIP payout and life
time officer travel benefits.
The preceding paragraphs describe US Airways' current officer benefit
programs. These programs may be changed from time to time or terminated at
management's discretion.
US Airways requires all prospective employees to submit to drug testing
prior to the establishment of an employment relationship. You will be contacted
by US Airways' Medical Affairs department to arrange a testing time and
location. Your employment is contingent upon successful completion of the drug
test.
Enclosed are two copies of this letter. Please countersign the letters in
the space provided for your signature and return one copy to me as soon as
possible. Please keep one copy for your records.
Sincerely,
Michelle V. Bryan
Senior Vice President
Human Resources
Accepted:
---------------------------
Jerrold A. Glass
Date:
---------------------------
Mr. Jerrold A. Glass
March 28, 2002
Page 3
You will be eligible to receive lifetime officer travel benefits upon the
completion of five years of service with US Airways.
As an officer of US Airways, you will also receive an employment agreement
providing you with certain benefits in the event that your employment is
terminated or substantially changed either prior to a change in ownership of the
company or following a change of control. If your employment is terminated or
substantially changed prior to a change in control, you will receive a severance
benefit equal to two years' base salary and target bonus. In the event that your
employment is terminated or substantially changed after a change in control, you
will receive a severance benefit equal to three years' base salary and target
bonus, three years of benefit continuation, three years of LTIP payout and life
time officer travel benefits.
The preceding paragraphs describe US Airways' current officer benefit
programs. These programs may be changed from time to time or terminated at
management's discretion.
US Airways requires all prospective employees to submit to drug testing
prior to the establishment of an employment relationship. You will be contacted
by US Airways' Medical Affairs department to arrange a testing time and
location. Your employment is contingent upon successful completion of the drug
test.
Enclosed are two copies of this letter. Please countersign the letters in
the space provided for your signature and return one copy to me as soon as
possible. Please keep one copy for your records.
Sincerely,
Michelle V. Bryan
Senior Vice President
Human Resources
Accepted:
---------------------------
Jerrold A. Glass
Date:
---------------------------
