FORM OF ANNUAL GRANT AGREEMENT US AIRWAYS GROUP, INC. 2008 EQUITY INCENTIVE PLAN DIRECTOR VESTED SHARE AWARD AGREEMENT
Exhibit 10.78
FORM OF ANNUAL GRANT AGREEMENT
Pursuant to the Director Vested Share Award Grant Notice (“Grant Notice”) and this Director
Vested Share Award Agreement (“Award Agreement”), US Airways Group, Inc. (the “Company”) grants you
a Vested Share Award under its 2008 Equity Incentive Plan (the “Plan”) for the number of vested
shares of Company Stock (“Vested Shares”) as indicated in the Grant Notice (collectively, the
"Award”). Terms not defined in this Award Agreement but defined in the Plan have the same
definitions as in the Plan.
The details of your Award are as follows:
2. VESTING. The Vested Shares are fully vested on the Date of Grant as provided in your
Grant Notice,
Company, or on the part of the Company or any Related Company to continue your service. Nothing in
your Award shall obligate the Company or its stockholders to continue any relationship that you
have as an Outside Director of the Company.
(a) The Company’s rights and obligations with respect to your Award shall be transferable by
the Company to any one or more persons or entities, and all of your covenants and agreements shall
inure to the benefit of, and be enforceable by the Company’s successors and assigns.
(b) You agree upon request to execute any further documents or instruments necessary or
desirable in the Company’s sole determination to carry out the purposes or intent of your Award.
(c) You acknowledge and agree that you have reviewed your Award in its entirety, have had an
opportunity to obtain the advice of counsel prior to accepting your Award, and fully understand all
provisions of your Award.
(d) This Agreement will be subject to all applicable laws, rules, and regulations, and to any
required governmental agency or national securities exchange approvals.
(e) The Company’s obligations under the Plan will be binding on any successor to the Company,
whether the existence of the successor is the result of a direct or indirect purchase, merger,
consolidation, or otherwise, of all or substantially all of the Company’s business and/or assets.