Common use of DIRECTOR FLIGHT BENEFITS Clause in Contracts

DIRECTOR FLIGHT BENEFITS. In addition, as of the Effective Time, each member of the Board, and each member of the Board of Directors of A or B as of the date hereof, will be granted flight benefits ("FLIGHT BENEFITS") on each airline operated by the Company or any of its affiliates or any successor or successors thereto (the "COMPANY SYSTEM"), which shall initially consist of (a) the highest priority space available flight passes for such member and his or her spouse, (b) a Universal Air Travel Plan ("UATP") card (or, in the event of discontinuance of the UATP program, a similar charge card) permitting the purchase of air travel through direct billing to the Company or any successor or successors thereto in each member's name for charging on an annual basis up to the applicable limit (as determined by the Company from time to time) with respect to such year in value (valued identically to the calculation of imputed income resulting from such flight benefits described below) of flights (in any fare class) on the Company System for such member and his or her spouse, (c) a highest category frequent flyer card for the Company System in such member's name for use on the Company system and (d) a membership for such member and his or her spouse in the Company's airport lounge club. The specific terms and conditions of the Flight Benefits, including the policies and procedures thereof, shall be determined by the Company, in its discretion, from time to time, but in no event shall the Company limit the scope of the Flight Benefits described above.

DIRECTOR FLIGHT BENEFITS. In addition, as of the Effective Time, each member of the Board, and each member of the Board of Directors of A or B as of the date hereof, will be granted flight benefits ("FLIGHT BENEFITSFlight Benefits") on each airline operated by the Company or any of its affiliates or any successor or successors thereto (the "COMPANY SYSTEMCompany System"), which shall initially consist of (a) the highest priority space available flight passes for such member and his or her spouse, (b) a Universal Air Travel Plan ("UATP") card (or, in the event of discontinuance of the UATP program, a similar charge card) permitting the purchase of air travel through direct billing to the Company or any successor or successors thereto in each member's name for charging on an annual basis up to the applicable limit (as determined by the Company from time to time) with respect to such year in value (valued identically to the calculation of imputed income resulting from such flight benefits described below) of flights (in any fare class) on the Company System for such member and his or her spouse, (c) a highest category frequent flyer card for the Company System in such member's name for use on the Company system and (d) a membership for such member and his or her spouse in the Company's airport lounge club. The specific terms and conditions of the Flight Benefits, including the policies and procedures thereof, shall be determined by the Company, in its discretion, from time to time, but in no event shall the Company limit the scope of the Flight Benefits described above.