Common use of Cycle Rate Clause in Contracts

Cycle Rate. For each year in the Annual Operating Plan prepared in accordance with Section 2.12, the departures for the year will be categorized into the six categories set forth in the table below. The Cycle Rate for the CRJ200/440 Aircraft for the time period through December 31, 2005 shall be calculated by multiplying the Base Cycle Rates as set forth below by (1+CPPIB), and then calculating the weighted average of the resulting rates for the applicable period: Base Cycle Rates — CRJ 200/400 Effective Date – 12/31/03 01/01/04- 12/31/04 01/01/05- 12/31/05 DTW [***] [***] [***] MSP [***] [***] [***] MEM [***] [***] [***] NW Cities [***] [***] [***] CS Cities [***] [***] [***] PS Cities [***] [***] [***] NW Cities means Northwest Service Cities. CS Cities means Contracted Service Cities PS Cities means Pinnacle Service Cities Example: If Pinnacle’s 2004 Annual Operating Plan includes 40,000 annual departures in DTW, 35,000 annual departures in MSP, 25,000 annual departures in MEM, 50,000 annual departures in NW Cities, 30,000 annual departures in CS Cities and 20,000 annual departures in PS Cities, and if the PPI for December 2003 is 141.5 and the PPI for December 2002 is 137.4 (CPPIB= (141.5/137.4) – 1 = 3.0%), the Cycle Rate for 2004 shall be calculated as follows: Cycle Rate = {1.03*[([***]*40,000)+( [***]*35,000)+( [***]*25,000)+( [***]*50,000)+( [***]*30,000)+( [***]*20,000)] }/ 200,000 = [***]

Cycle Rate. For each year in the Annual Operating Plan prepared in accordance with Section 2.12, the departures for the year will be categorized into the six categories set forth in the table below. The Cycle Rate for the CRJ200/440 Aircraft for the time period through December 31, 2005 shall be calculated by multiplying the Base Cycle Rates as set forth below by (1+CPPIB), and then calculating the weighted average of the resulting rates for the applicable period: Base Cycle Rates — CRJ 200/400 Effective Date – 03/31/02 04/01/02- 12/31/02 01/01/03- 12/31/03 01/01/04- 12/31/04 01/01/05- 12/31/05 DTW [***] [***] [***] [***] [***] MSP [***] [***] [***] [***] [***] MEM [***] [***] [***] [***] [***] NW Cities [***] [***] [***] [***] [***] CS Cities [***] [***] [***] [***] [***] PS Cities [***] [***] [***] [***] [***] NW Cities means Northwest Service Cities. CS Cities means Contracted Service Cities PS Cities means Pinnacle Service Cities Example: If Pinnacle’s 2004 2003 Annual Operating Plan includes 40,000 annual departures in DTW, 35,000 annual departures in MSP, 25,000 annual departures in MEM, 50,000 annual departures in NW Cities, 30,000 annual departures in CS Cities and 20,000 annual departures in PS Cities, and if the PPI for December 2003 2002 is 141.5 and the PPI for December 2002 2001 is 137.4 (CPPIB= (141.5/137.4) – 1 = 3.0%), the Cycle Rate for 2004 2003 shall be calculated as follows: Cycle Rate = {1.03*[([***]*40,000)+( 1.03*[([***]*40,000)+([***]*35,000)+([***]*25,000)+([***]*50,000)+([***]*30,000)+([***]*20,000)] }/ 100,000 = [***] The Cycle Rate for the Saab 340 Aircraft for the time period through December 31, 2002 shall be the applicable Cycle Rate from the table below. Period Cycle Rate Saab 340 Effective Date - 3/31/02 [***] 04/01/02 - 12/31/02 [***]*35,000)+( [***]*25,000)+( [***]*50,000)+( [***]*30,000)+( [***]*20,000)] }/ 200,000 = [***]

Cycle Rate. For each year in the Annual Operating Plan prepared in accordance with Section 2.12, the departures for the year will be categorized into the six categories set forth in the table below. The Cycle Rate for the CRJ200/440 Aircraft for the time period through December 31, 2005 shall be calculated by multiplying the Base Cycle Rates as set forth below by (1+CPPIB), and then calculating the weighted average of the resulting rates for the applicable period: Base Cycle Rates — - - CRJ 200/400 Effective Date – 12/31/03 01/01/04- 12/31/04 01/01/05- 12/31/05 DTW [***] [***] [***] MSP [***] [***] [***] MEM [***] [***] [***] NW Cities [***] [***] [***] CS Cities [***] [***] [***] PS Cities [***] [***] [***] NW Cities means Northwest Service Cities. CS Cities means Contracted Service Cities PS Cities means Pinnacle Service Cities Example: If Pinnacle’s 2004 Annual Operating Plan includes 40,000 annual departures in DTW, 35,000 annual departures in MSP, 25,000 annual departures in MEM, 50,000 annual departures in NW Cities, 30,000 annual departures in CS Cities and 20,000 annual departures in PS Cities, and if the PPI for December 2003 is 141.5 and the PPI for December 2002 is 137.4 (CPPIB= (141.5/137.4) – 1 = 3.0%), the Cycle Rate for 2004 shall be calculated as follows: Cycle Rate = {1.03*[([***]*40,000)+( [***]*35,000)+( [***]*25,000)+( [***]*50,000)+( [***]*30,000)+( [***]*20,000)] }/ 200,000 = [***]

Cycle Rate. For each year in the Annual Operating Plan prepared in accordance with Section 2.12, the departures for the year will be categorized into the six categories set forth in the table below. The Cycle Rate for the CRJ200/440 Aircraft for the time period through December 31, 2005 shall be calculated by multiplying the Base Cycle Rates as set forth below by (1+CPPIB), and then calculating the weighted average of the resulting rates for the applicable period: Base Cycle Rates — - - CRJ 200/400 Effective Date – — 12/31/03 01/01/04- 01/01/04-12/31/04 01/01/05- 01/01/05-12/31/05 DTW [***] [***] [***] MSP [***] [***] [***] MEM [***] [***] [***] NW Cities [***] [***] [***] CS Cities [***] [***] [***] PS Cities [***] [***] [***] NW Cities means Northwest Service Cities. CS Cities means Contracted Service Cities PS Cities means Pinnacle Service Cities Example: If Pinnacle’s 2004 Annual Operating Plan includes 40,000 annual departures in DTW, 35,000 annual departures in MSP, 25,000 annual departures in MEM, 50,000 annual departures in NW Cities, 30,000 annual departures in CS Cities and 20,000 annual departures in PS Cities, and if the PPI for December 2003 is 141.5 and the PPI for December 2002 is 137.4 (CPPIB= (141.5/137.4) – — 1 = 3.0%), the Cycle Rate for 2004 shall be calculated as follows: Cycle Rate = {1.03*[([***]*40,000)+( [***]*35,000)+( [***]*25,000)+( [***]*50,000)+( [***]*30,000)+( [***]*20,000)] }/ 200,000 = [***]