EXHIBIT 10.1 ------------ February 24, 2000 Mr. William P. Hobgood 4868 West Boulevard Court Naples, FL 34103 Dear Bill: It is with great pleasure that I can confirm the decision to offer you continued employment with United Air Lines, Inc. This offer...Employment Agreement • May 5th, 2000 • Ual Corp /De/ • Air transportation, scheduled
It is with great pleasure that I can confirm the decision to offer you continued employment with United Air Lines, Inc. This offer of continued employment is effective March 1, 2000 ("Effective Date") and supercedes and voids all agreements you have with United Air Lines, Inc. and UAL Corporation (together "United") including that Letter Agreement dated February 27, 1997, the Agreement dated March 1, 1997, and the Letter Agreement dated November 6, 1998.
EXHIBIT 10.2 ------------ RELEASE AGREEMENT 1. The parties to this Release Agreement ("Release") are: William P. Hobgood ("Hobgood") and United Air Lines, Inc. ("United"). 2. Waiver and Release of All Claims. In consideration for the Letter Agreement...Release Agreement • May 5th, 2000 • Ual Corp /De/ • Air transportation, scheduled • Illinois
