Denton's handling of AMR

Last Sunday, we published a new president and CEO of American Eagle Denton, he decided to take his job, he believes that future negotiations on regional airlines interview. amr converter

Such a large number of administrative actions related to the risk. With the U.S. Securities and Exchange Commission 8 - K document sets out Garton protection, if things do not work.

The following is disclosed on June 11:

* Gatton work is president and CEO of AMR Eagle, he "will continue as the AMR and the United States, reporting to the Chief Executive, Chief Executive Officer of AMR and American military officers serving in any spin-off of AMR AMR Eagle."
* If the "Eagle and AMR AMR's divestiture, Mr. Garton received and stripped the company, AMR and the United States a similar position will:

(I) provide Mr. Garton strip through the date of his accrued but unpaid compensation,
(Ii) if he is not 55 the spin-off, whether he is on leave until he turns 55 years old (to facilitate his normal retirement from the United States) or to provide retirement benefits and the economy mean that he will get him if he continues to refuse to employ , until he 55 years old

(C) to provide the grant before him, he was stripped of stock options as the same rights, but he is still employed by the Americans,

(D) any other payments or benefits, he is entitled to the spin-off time. "


* "If Mr. Garton refused to accept the position, in addition to the above benefits, the United States will pay Mr. Garton year basic wage."

* "If the current AMR by the June 10, 2012, and not deprive or divest AMR Eagle, and he was not provided with basic similar annual total compensation comparable with the divestiture of the company's position, Mr. Garton also entitled to receive
http://mwy1024.blog.com/2010/07/07/dentons-handling-of-amr/