PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD NOTICERestricted Stock Unit Award Notice • February 26th, 2010 • United Air Lines Inc • Air transportation, scheduled • Delaware
This Restricted Stock Unit Award Notice (the “Award Notice”) sets forth the terms and conditions of an award of «RSUs» restricted stock units (the “Award”) that are subject to the terms and conditions specified herein (“RSUs”) and that are granted to you under the UAL Corporation 2008 Incentive Compensation Plan (the “Plan”). This award constitutes an unfunded and unsecured promise of the Company to deliver (or cause to be delivered to you), subject to the terms of this Agreement, either a share of the Company’s Common Stock, $0.01 par value (a “Share”), or a cash payment, for each RSU as set forth in Section 3 below.
SEPARATION AGREEMENTSeparation Agreement • February 26th, 2010 • United Air Lines Inc • Air transportation, scheduled • Illinois
This Separation Agreement (“Agreement”) is entered into by and between Paul R. Lovejoy (“you”), and UAL Corporation plus United Air Lines, Inc. (UAL Corporation and United Air Lines, Inc. are referred to collectively as the “Company”) and arises out of your separation from employment with the Company on October 31, 2009 (“Separation Date”). In consideration of the promises contained in this document, the parties agree as follows:
