EX-10 8 exhibit10_30.htm

 Exhibit 10.30

FIRST AMENDMENT TO
EMPLOYMENT AGREEMENT

 

     This Amendment Number One, dated as of May 23, 2000, to the Amended and Restated Employment Agreement dated as of November 18, 1998 (the "Agreement") among US Airways Group, Inc., a Delaware corporation, US Airways, Inc., a Delaware corporation (the "Company"), and Stephen M. Wolf (the "Executive") is entered into as of the date first stated above.

     WHEREAS, the Board believes it is important to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened change of control of the Company and to encourage the Executive's full attention and dedication to the Company currently and in the event of any threatened or pending change of control, and to provide the Executive with compensation and benefits arrangements upon a change of control which ensure that the compensation and benefits expectations of the Executive will be satisfied; and

     WHEREAS, the Board believes it to be in the best interests of the Company to amend the Agreement to achieve the aforementioned objectives;

     NOW, THEREFORE, the following amendment is hereby made to the Agreement:

     1.  Section 1(c) of the Agreement is hereby amended by inserting, after the phrase "fourth anniversary of such date" in clause (1) thereof, the following:

 

         "(or, in the event of the occurrence of a Change of Control under Section 2(c) below, the fourth anniversary of the consummation of the reorganization, merger or consolidation the shareholder approval of which constituted a Change of Control)."

 

EXECUTIVE

 

 

 

 /s/ Stephen M. Wolf         

 

Stephen M. Wolf

 

Chairman

 

 

 

US AIRWAYS, INC.

 

 

 

 /s/ Jennifer C. McGarey      

 

Jennifer C. McGarey

 

Secretary and Assistant General

 

Counsel

 

 

 

US AIRWAYS GROUP, INC.

 

 

 

 /s/ Jennifer C. McGarey       

 

Jennifer C. McGarey

 

Secretary