• Job Protection/Furlough Protection

Job protections for American Eagle pilots are also secured. During the first five years, in the event American Eagle management changes any agreed-to tenets of the ASA with American Airlines without ALPA's consent, then our agreement immediately triggers the protection of the number of Captain and First Officer jobs necessary to staff our air services agreement. If, after the first five years, American Eagle management changes any agreed-to tenets of the ASA with American Airlines without ALPA's consent, that will trigger the furlough protection of every American Eagle pilot on property at the time. The original ASA filed in the Form 10 had no such provision.

• Incentivized Flow Package

A financial bridge will be enacted which will allow Eagle pilots to transition to other mainline carriers, including AA, with minimal, if any, loss in take-home pay.

The company will offer, at the pilot's option, either a "make whole" loan or a lesser cash grant. Pilots who elect the loan option will have the first three years of interest paid by the company. The amount for which a pilot qualifies will vary based on his Eagle pay and the mainline carrier's first year pay at the time of his transfer. The pilot will be able to draw up to 67% of the total amount in the first year, up to 83.5% of the total amount in year two, and the remainder in year three. No principle payments will be due during the first three years. Following the three-year draw period, a pilot will have seven years to repay the loan. The interest rate will be adjusted quarterly to reflect prime plus 3.5% during the seven year repayment period.

Alternatively, and in lieu of the loan outlined above, a pilot may take a one-time cash grant. The amount of the cash grant is based on the amount of interest the company would have otherwise paid had the pilot taken the loan option.

• The air services agreement (ASA) with American Airlines will guarantee American Eagle its entire jet fleet for five years. The original ASA promised only two years. As American spins off American Eagle, American is keeping AE's jets and related debt.

• American Eagle/ALPA will have "right of first refusal" if American Airlines opens up commuter flying out of San Juan, Puerto Rico.

"This means that if AA were to place all or a portion of Eagle's SJU operation out for bid, Eagle would have the final say, allowing it to match and secure that bid."

• A "right of first refusal" for flying done by half of the 36-aircraft ATR-72 fleet.