Common use of Compensation Method Clause in Contracts

Compensation Method. THE CARRIER does not use cash for voluntary or involuntary compensation. THE CARRIER utilizes travel vouchers known as Denied Boarding Compensation (DBC). These vouchers are issued on the date and at the point of the overbooking. If the Passenger agrees to serve as Voluntary, such Passenger shall receive a travel voucher for which the Passenger shall sign a receipt releasing THE CARRIER from any liability. Travel vouchers (DBC’s) may be used to purchase airline tickets, pay for excess baggage, pay penalties, and pay for difference in fares. Travel vouchers are not valid to purchase services provided by other airlines. These vouchers (DBC’s) are not refundable and have no residual value and cannot be used to pay for any type of taxes. Face value of issued vouchers (DBC’s) shall be determined by THE CARRIER pursuant to the compensation policy in force at the time of the irregularity.