Exhibit 10.16
February 6, 1996
Xx. Xxxxxxxx X. Xxxxx
0000 Xxxxxxxxx Xxxx, X.X.
Xxxxxxxxxx, X.X. 00000
Dear Xxxxx:
This letter confirms that in connection with the Employment
Agreement dated as of February 6, 1996 between USAir, Inc. (the
"Company") and you, the Company has agreed to provide you with
the additional benefits described herein.
The Company will provide you with relocation assistance in
the form of (1) payment of the remaining obligations under your
lease in Chicago, (2) reimbursement for reasonable living
expenses for living accommodations near the Company's
headquarters, and (3) reimbursement for moving household goods
and reasonable storage. You will also receive other relocation
assistance in accordance with the Company's Executive Relocation
and Housing Assistance Guidelines. Payments for such relocation
assistance will be "grossed up" for all applicable tax liability.
Any such "gross up" payments will be made as soon as practicable,
but not later than September 30, 1996.
While employed by the Company, you will be reimbursed for
reasonable expenses incurred for tax return preparation up to an
annual maximum of $10,000.
Reimbursement will be made as expenses are incurred upon
your submission of appropriate documentation.
In the event USAir Group, Inc. ("Group") for any reason is
unable to award you the stock options described in our February
5, 1996 letter agreement, Group and/or the Company will award you
a substitute award, reasonably acceptable to you, with value and
terms substantially identical to the value and terms such options
would have had.
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Xx. Xxxxxxxx X. Xxxxx
February 6, 1996
Please indicate with your signature below if the foregoing
accurately sets forth our agreement on the subject matter hereof.
Sincerely yours,
/s/Xxxxxxxx X. Xxxxx
Xxxxxxxx X. Xxxxx
Vice President, Deputy
General Counsel and
Secretary
Agreed:
/s/Xxxxxxxx X. Xxxxx
________________________
Xxxxxxxx X. Xxxxx
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