Airline Pass Sample Clauses
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Airline Pass. Executive is entitled to receive a lifetime airline pass for the personal use of such Executive and his spouse and children so long as spouses and children of employees generally are eligible for nonrevenue travel pursuant to the Company's pass policies (hereinafter, "Eligible Individuals"). Such airline pass (the "Airline Pass") shall entitle Executive and Eligible Individuals to travel on regularly scheduled Northwest domestic and international flights, subject to charges then applicable to senior executives of the Company and their dependents, with boarding priority of (i) F-1 or the equivalent thereof for ten years from and after the date such pass is issued, (ii) Y-1/F-2 or the equivalent thereof for the next succeeding ten years and (iii) 2-R or the equivalent thereof after the aggregate twenty-year period described in clauses (i) and (ii) above. Each Executive shall be responsible for any personal income tax liability arising from such pass travel. The Airline Pass shall be issued to Executive upon Executive's termination of employment with the Company; provided, however, that all benefits under this Section 3.1 shall immediately and permanently cease in the event Executive is or becomes, at any time thereafter, an employee of any of the top five airlines in the United States (other than the Company) ranked by revenue passenger miles (the "Top Five Airlines").
Airline Pass. In the event (A) Executive remains an active full-time employee of the Company continuously from the Effective Date through August 16, 2009 or (B) Executive’s employment with the Company is terminated by the Company other than for Cause or by Executive for Good Reason on or before August 16, 2009, then Executive shall be entitled to receive, upon termination of employment, lifetime airline pass privileges for the personal use of Executive and his spouse or registered domestic partner and dependent children so long as spouses, registered domestic partners and dependent children of employees generally are eligible for non-revenue travel pursuant to the Company’s pass policies (hereinafter, “Eligible Individuals”). Such airline pass privileges (the “Airline Pass”) shall entitle Executive and Eligible Individuals to travel on regularly scheduled domestic and international flights operated by the Company, subject to all charges and fees then applicable to active management employees of the Company and their dependents and pursuant to the Company’s pass policies in effect from time to time, with boarding priority of F-1 or the equivalent thereof for a period of ten (10) years from and after the date such pass is issued and F-1R thereafter. Executive shall be responsible for any personal income tax liability arising from such pass travel. Notwithstanding the foregoing, all benefits under this Section 3.1 shall immediately and permanently cease in the event Executive violates the Company’s pass policies in connection with such travel and/or in the event that Executive is or becomes, at any time thereafter, an employee of any air carrier that competes with the Company (or any of its affiliates).
Airline Pass. This hereby confirms that Executive has, and shall be entitled to, a lifetime F-1 airline pass for the personal use of such Executive and his spouse and children so long as spouses and children of employees generally are eligible for nonrevenue travel pursuant to the Company's pass policies (hereinafter, "Eligible Individuals"). Such airline pass (the "Airline Pass") entitles Executive and Eligible Individuals to travel on regularly scheduled Northwest domestic and international flights with boarding priority of F-1 or the equivalent thereof and on terms and conditions no less favorable than those applicable to Executive on the date hereof.
Airline Pass. Executive shall be entitled to receive upon termination of employment lifetime airline pass privileges for the personal use of Executive and his or her spouse or registered domestic partner and dependent children so long as spouses, registered domestic partners and dependent children of employees generally are eligible for nonrevenue travel pursuant to the Company's pass policies (hereinafter, "Eligible Individuals"). Such airline pass privileges (the "Airline Pass") shall entitle Executive and Eligible Individuals to travel on regularly scheduled Northwest domestic and international flights, subject to all charges and fees then applicable to active management employees of the Company and their dependents and pursuant to the Company's pass policies in effect from time to time, with boarding priority of F-1 or the equivalent thereof for ten (10) years from and after the date such pass is issued and 1-R or the equivalent thereof after such ten year period. Executive shall be responsible for any personal income tax liability arising from such pass travel. Notwithstanding the foregoing, all benefits under this Section 3 shall immediately and permanently cease in the event Executive violates the Company's pass policies in connection with such travel and/or in the event that Executive is or becomes, at any time thereafter, an employee of any of the top five airlines in the United States (other than the Company) ranked by revenue passenger miles.
Airline Pass. In the event Executive remains an active employee of the Company from the Effective Date through the third anniversary thereof, Executive shall be entitled to receive, upon termination of employment, lifetime airline pass privileges for the personal use of Executive and his spouse or registered domestic partner and dependent children so long as spouses, registered domestic partners and dependent children of employees generally are eligible for nonrevenue travel pursuant to the Company's pass policies (hereinafter, "Eligible Individuals"). Such airline pass privileges (the "Airline Pass") shall entitle Executive and Eligible Individuals to travel on regularly scheduled Northwest domestic and international flights, subject to all charges and fees then applicable to active management employees of the Company and their dependents and pursuant to the Company's pass policies in effect from time to time, with boarding priority of F-1 or the equivalent thereof for ten (10) years from and after the date such pass is issued and 1-R or the equivalent thereof after such ten year period. Executive shall be responsible for any personal income tax liability arising from such pass travel. Notwithstanding the foregoing, all benefits under this Section 3.1 shall immediately and permanently cease in the event Executive violates the Company's pass policies in connection with such travel and/or in the event that Executive is or becomes, at any time thereafter, an employee of any of the top five (5) airlines in the United States (other than the Company) ranked by revenue passenger miles.
Airline Pass. Sections 3.1 and Section 7(b) of the Management Compensation Agreement, which currently provide Executive and his Eligible Individuals with lifetime Airline Pass privileges with respect to the Company and any successor entity, are hereby amended to clarify and provide that, without prejudice to the benefits currently provided to Executive thereunder, in the event of a Change of Control (as defined in Section 17 below), Airline Pass (as defined in the Management Compensation Agreement) privileges provided to Executive (including access to airline lounges under the WorldClub Pass or any similar program) will be provided to Executive and Eligible Individuals (as defined in the Management Compensation Agreement) on terms and conditions no less favorable than those applicable to Executive and Eligible Individuals immediately prior to such Change of Control, and the Company shall provide (or shall cause any successor to the Company, whether by purchase, merger, consolidation or otherwise, to provide) Executive and Eligible Individuals with Airline Pass privileges equivalent to those provided under the Airline Pass privileges described in the Management Compensation Agreement (as amended hereby) with respect to the Company (or its successor) and its Affiliates.
Airline Pass. In the event (A) Executive remains an active full-time employee of the Company continuously from the Effective Date through April 1, 2009 or (B) a Change in Control occurs prior to April 1, 2009 and Executive’s employment with the Company is terminated by the Company within six (6) months after the occurrence of the Change in Control, then Executive shall be entitled to receive, upon termination of employment, lifetime airline pass privileges for the personal use of Executive and his spouse or registered domestic partner and dependent children so long as spouses, registered domestic partners and dependent children of employees generally are eligible for non-revenue travel pursuant to the Company’s pass policies (hereinafter, “Eligible Individuals”). Such airline pass privileges (the “Airline Pass”) shall entitle Executive and Eligible Individuals to travel on regularly scheduled domestic and international flights operated by the Company, subject to all charges and fees then applicable to active management employees of the Company and their dependents and pursuant to the Company’s pass policies in effect from time to time, with boarding priority of F1-R. Executive shall be responsible for any personal income tax liability arising from such pass travel. Notwithstanding the foregoing, all benefits under this Section 3.1 shall immediately and permanently cease in the event Executive violates the Company’s pass policies in connection with such travel and/or in the event that Executive is or becomes, at any time thereafter, an employee of any of the largest five (5) airlines in the United States (other than the Company) ranked by revenue passenger miles.
Airline Pass. On December 1, 1994, if then employed by the Company, Executive shall become entitled to receive a lifetime airline pass for the personal use of such Executive and his spouse and children so long as the spouse and children are eligible for nonrevenue travel pursuant to the Company's pass policies (hereinafter, "Eligible Individuals"). Such airline pass (the "Airline Pass") shall entitle Executive and Eligible Individuals to travel on regularly scheduled Northwest domestic and international flights, subject to charges then applicable to senior executives of the Company and their dependents, with boarding priority of (i) F-1 or the equivalent thereof for five years from and after the date such pass is issued. (ii) Y-1/F-2 or the equivalent thereof for the next succeeding five years and (iii) 2-R or the equivalent thereof after the aggregate ten-year period described in clauses (i) and (ii) above. Each Executive shall be responsible for any personal income tax liability arising from such pass travel. The Airline Pass shall be issued to Executive upon Executive's termination of employment with the Company.