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Exhibit 10.10

ADDENDUM TO EXECUTIVE TERMINATION BENEFITS AGREEMENTS

1.Continuation Period pursuant to Subparagraph 1(d) of the Executive Termination
Benefits Agreement shall mean "the period of time beginning on the Termination
Date and ending thirty-six (36) months thereafter."

2.The following language shall be added as Subparagraph 2(a)(iv) of the
Executive Termination Benefits Agreement:

by the Executive within the thirty (30) day period immediately following the
first anniversary of a Change in Control.

3.The following language shall be added as Subparagraph 4(a) of the Executive
Termination Benefits Agreement:

The Company will pay to the Executive the sum of (i) three (3) times the greater
of (A) the Executive's effective annual base salary at the Termination Date or
(B) the Executive's effective annual base salary immediately prior to the Change
in Control, plus (ii) three (3) times the greater of (X) the highest annual
bonus awarded to the Executive under the Company's Variable Compensation Plan or
any other bonus plan (whether paid currently or on a deferred basis) with
respect to any twelve (12) consecutive month period during the last three
(3) fiscal years ending prior to the Termination Date or (Y) the highest target
bonus rate applicable to the Executive for any period during such prior three
(3) year period, multiplied by the applicable annual base salary determined
under clause (i) of this Section 4(a); subject to Section 7, the resulting
amount to be paid in a lump sum on the first day of the month following the
Termination Date.

4.The following language shall be added following the last sentence of
Subparagraph 4.(f)(iii) of the Executive Termination Benefits Agreement:

Notwithstanding anything in Section 4.(f)(ii) or (iii) (or elsewhere) to the
contrary, all Equity Awards shall either (a) vest upon voluntary termination of
the Executive during the thirty (30) day period immediately following the first
anniversary of the Change in Control or (b) at the Company's sole and absolute
discretion, but subject Section 4.(f)(v) below, any or all of such Equity Awards
shall be immediately cashed out (i.e., settled in cash) by the Company by paying
the Executive in cash the fair market value of the Company's stock as of the
Executive's termination of employment date (and not the Change in Control date)
for each such award in the case of Restricted Stock, Performance Shares,
Deferred Stock or similar awards, plus the excess (if any, including a deemed
distribution of $0) of the fair market value of the Company's stock as of the
Executive's termination date of employment (and not the Change in Control date)
over the exercise price or base amount (such excess hereinafter referred to as
the "Termination Spread Amount"), multiplied by the number of such Awards (in
the case of Stock Options, Stock

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Appreciation Rights or other awards involving an exercise price or spread
amount), net of any required withholding, and the Executive will transfer such
Equity Awards to the Company in exchange for such payment. Alternatively, if it
would yield a greater amount, in lieu of paying such Termination Spread Amount,
the Company, in its sole and absolute discretion, may cash out (i.e., settle in
cash) such Stock Options, Stock Appreciation Rights or other awards involving an
exercise price or spread amount based on either the "fair value" of the Stock
Options, Stock Rights or other awards involving an exercise price or spread
amount under Generally Accepted Accounting Principles (as determined through the
Black-Scholes, binomial, or any other option pricing model permissible under
FAS 123 or a successor standard) or any other amount between the Termination
Spread Amount and fair value.

 
 
Dated: [insert date]
 
 
 
 
SABRE HOLDINGS CORPORATION
 
 
 
 
By
 
    

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James F. Brashear
Corporate Secretary
 
 
 
 
SABRE INC.
 
 
 
 
By
 
    

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James F. Brashear
Senior Vice President, Deputy General Counsel and Corporate Secretary
 
 
 
 
[Executive]

 
 

 
 
Signed:
 

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Exhibit 10.10

ADDENDUM TO EXECUTIVE TERMINATION BENEFITS AGREEMENTS