Common use of UATP BENEFITS Clause in Contracts

UATP BENEFITS. From and after the IPO Date, Holdings Employees who are officers of Holdings or a Holdings Affiliate and who hold a UATP card issued by Continental pursuant to their employment agreements in effect as of the date hereof shall continue to have the right (including any post-employment right set forth in such employment agreements as of the date hereof) to use the UATP benefits associated with such cards (and the pass classifications and benefits set forth in such employment agreements) on Continental and Continental Affiliates, without cost (other than applicable taxes) to such officers or to Holdings or the applicable Holdings Affiliate. From and after the IPO Date, Continental shall use reasonable best efforts to grant to Holdings, upon its request, up to five additional UATP cards, three of which shall have an annual travel limit of $18,750 and two of which shall have an annual travel limit of $25,000, for use by officers hired by Holdings or a Holdings Affiliate on or after the IPO Date, on flights operated by Continental or a Continental Affiliate without cost (other than applicable taxes) to such officers or Holdings or the applicable Holdings Affiliate; provided, however, that such officers' rights to use such UATP cards shall terminate on the date their employment with Holdings and all Holdings Affiliates terminates for any reason whatsoever; and provided further that such UATP cards shall only be valid during the Capacity Purchase Period. From and after the IPO Date, Holdings shall use reasonable best efforts to cause all UATP cards issued by Continental to officers or members of the Board of Directors of Continental (or their respective spouses) pursuant to employment or other agreements with such officers or members of the Board of Directors (whether entered into or issued before or after the IPO Date) to be able to be used (together with the pass classifications and benefits set forth in such employment or other agreements) on any and all flights operated by Holdings or a Holdings Affiliate, without cost (other than applicable taxes) to Continental or such persons.

UATP BENEFITS. From and after the IPO Independence Date, Holdings Employees who are officers of Holdings or a Holdings Affiliate and who hold a UATP card issued by Continental pursuant to their employment agreements in effect as of the date hereof shall continue to have the right (including any post-employment right set forth in such employment agreements as of the date hereof) to use the UATP benefits associated with such cards (and the pass classifications and benefits set forth in such employment agreements) on Continental and Continental Affiliates, without cost (other than applicable taxes) to such officers or to Holdings or the applicable Holdings Affiliate. From and after the IPO Independence Date, Continental shall use reasonable best efforts to grant to Holdings, upon its request, up to five additional UATP cards, three of which shall have an annual travel limit of $18,750 and two of which shall have an annual travel limit of $25,000, for use by officers hired by Holdings or a Holdings Affiliate on or after the IPO Independence Date, on flights operated by Continental or a Continental Affiliate without cost (other than applicable taxes) to such officers or Holdings or the applicable Holdings Affiliate; provided, however, that such officers' rights to use such UATP cards shall terminate on the date their employment with Holdings and all Holdings Affiliates terminates for any reason whatsoever; and provided further that such UATP cards shall only be valid during the Capacity Purchase Period. From and after the IPO Independence Date, Holdings shall use reasonable best efforts to cause all UATP cards issued by Continental to officers or members of the Board of Directors of Continental (or their respective spouses) pursuant to employment or other agreements with such officers or members of the Board of Directors (whether entered into or issued before or after the IPO Independence Date) to be able to be used (together with the pass classifications and benefits set forth in such employment or other agreements) on any and all flights operated by Holdings or a Holdings Affiliate, without cost (other than applicable taxes) to Continental or such persons.

UATP BENEFITS. From and after the IPO Date, Holdings Employees who are officers of Holdings or a Holdings Affiliate and who hold a UATP card issued by Continental pursuant to their employment agreements in effect as of the date hereof shall continue to have the right (including any post-employment right set forth in such employment agreements as of the date hereof) to use the UATP benefits associated with such cards (and the pass classifications and benefits set forth in such employment agreements) on Continental and Continental Affiliates, without cost (other than applicable taxes) to such officers or to Holdings or the applicable Holdings Affiliate. From and after the IPO Date, Continental shall use reasonable best efforts to grant to Holdings, upon its request, up to five additional UATP cards, three of which shall have an annual travel limit of $18,750 and two of which shall have an annual travel limit of $25,000, for use by officers hired by Holdings or a Holdings Affiliate on or after the IPO Date, on flights operated by Continental or a Continental Affiliate without cost (other than applicable taxes) to such officers or Holdings or the applicable Holdings Affiliate; provided, however, that such officers' rights to use such UATP cards shall terminate on the date their employment with Holdings and all Holdings Affiliates terminates for any reason whatsoever; and provided further that such UATP cards shall only be valid during the Capacity Purchase Period. From and after the IPO Date, Holdings shall use reasonable best efforts to cause all UATP cards issued by Continental to officers or members of the Board of Directors of Continental (or their respective spouses) pursuant to employment or other agreements with such officers or members of the Board of Directors (whether entered into or issued before or after the IPO Date) to be able to be used (together with the pass classifications and benefits set forth in such employment or other agreements) on any and all flights operated by Holdings or a Holdings Affiliate, without cost (other than applicable taxes) to Continental or such persons.