Common use of Section 1 G Clause in Contracts

Section 1 G. 1. will not apply to any entity that is an IRS qualified employee benefit plan 34 of the Company (or a parent), or a trustee or other fiduciary of such plan acting in its 35 capacity as such, provided that the plan is one in which (i) all pilots who meet the general 36 service requirements applicable to all participants are entitled to participate; (ii) stock of 37 the Company or Company affiliate allocated to accounts of participants is voted in 38 accordance with the instructions of the participants if any are given and (iii) the trustee 39 voting unallocated stock is a nationally recognized bank or financial institution. If stock 40 in the plan which is not required to be voted in accordance with directions of the 41 participants is tendered to an entity outside the plan, such stock will be deemed to be no 42 longer owned by the plan for purposes of Section 1 G. 3. 43 44

Section 1 G. 1. will not apply to any entity that is an IRS qualified employee benefit plan 34 43 of the Company (or a parent), or a trustee or other fiduciary of such plan acting in its 35 44 capacity as such, provided that the plan is one in which (i) all pilots who meet the general 36 45 service requirements applicable to all participants are entitled to participate; (ii) stock of 37 46 the Company or Company affiliate allocated to accounts of participants is voted in 38 1 accordance with the instructions of the participants if any are given and (iii) the trustee 39 2 voting unallocated stock is a nationally recognized bank or financial institution. If stock 40 3 in the plan which is not required to be voted in accordance with directions of the 41 4 participants is tendered to an entity outside the plan, such stock will be deemed to be no 42 5 longer owned by the plan for purposes of Section 1 G. 3. 43 44.

Section 1 G. 1. will not apply to any entity that is an IRS qualified employee benefit plan 34 12 of the Company (or a parent), or a trustee or other fiduciary of such plan acting in its 35 13 capacity as such, provided that the plan is one in which (i) all pilots who meet the general 36 14 service requirements applicable to all participants are entitled to participate; (ii) stock of 37 15 the Company or Company affiliate allocated to accounts of participants is voted in 38 16 accordance with the instructions of the participants if any are given and (iii) the trustee 39 17 voting unallocated stock is a nationally recognized bank or financial institution. If stock 40 18 in the plan which is not required to be voted in accordance with directions of the 41 19 participants is tendered to an entity outside the plan, such stock will be deemed to be no 42 20 longer owned by the plan for purposes of Section 1 G. 3. 43 44.