SUBJECT
National Officer Compensation and Expense Allowance

A. DIRECT COMPENSATION

1. Monthly Base Presidential Compensation based upon the highest of the following:

a. The average of the highest paying line Captain positions, based on the hourly book pay rates (1/2 day plus 1/2 night, if applicable) at the applicable average monthly maximum contract hours, of the five highest paying ALPA carriers;

b. The hourly book pay rate (1/2 day plus 1/2 night, if applicable) at the average monthly maximum contract hours the President is entitled to hold in accordance with his system seniority on his airline; or

c. The Flight Pay Loss calculated for officer compensation for the offices of First Vice President, Vice President–Administration/Secretary, or Vice President–Finance/ Treasurer.

2. Monthly Total Presidential Compensation shall equal Monthly Base Presidential Compensation as calculated in Paragraph 1 above plus a Presidential Override of 26% of Monthly Base Presidential Compensation.

3. Pursuant to Section 60.M.1.a.(1) of the ALPA Administrative Manual, the compensation and allowances of the President shall be published quarterly in an electronic format.