Filed by Bowne Pure Compliance





Exhibit 10.4




AMENDMENT NO. 5




TO




AMERICA WEST CO-BRANDED CARD AGREEMENT




THIS AMENDMENT NO. 5 TO AMERICA WEST CO-BRANDED CARD AGREEMENT (“Amendment No. 5”) is dated
August 28, 2008 (“Effective Date”), by and between US AIRWAYS GROUP, INC., a Delaware corporation
(“US Airways Group”), and BARCLAYS BANK DELAWARE formerly known as JUNIPER BANK (“Juniper Bank”).



RECITALS




WHEREAS, America West Airlines, Inc. (“America West”) and Juniper Bank are parties to that
certain America West Co-Branded Card Agreement, dated January 25, 2005 (the “Original Agreement”);



WHEREAS, US Airways Group merged with America West’s parent company, America West Holdings
Corporation, and America West assigned its rights and obligations under the Original Agreement to
US Airways Group pursuant to that certain Assignment and First Amendment to America West Co-Branded
Card Agreement, dated August 8, 2005 (the “First Amendment”), as amended by that certain Amendment
No. 2 to America West Co-Branded Card Agreement, dated September 26, 2005 (the “Second Amendment”),
as amended by that certain Amendment No. 3 to America West Co-Branded Card Agreement, dated
December 29, 2006 (the “Third Amendment”) and as amended by that certain Amendment No. 4 to America
West Co-Branded Card Agreement, dated December 5, 2007, (the “Fourth Amendment” and together with
the First Amendment, Second Amendment, Third Amendment and the Original Agreement, the
“Agreement”);




WHEREAS, on May 25, 2006, Juniper Bank changed its name to Barclays Bank Delaware;



WHEREAS, Juniper Bank and ** entered into an Agreement dated as of the Effective Date, whereby
Juniper Bank will **;



WHEREAS, in consideration of entering into **, US Airways Group and Juniper Bank agreed to
amend and modify certain terms of the Agreement to incorporate the terms of the provisions of **;
and



WHEREAS, US Airways Group and Juniper Bank now desire to amend and modify the Agreement to
incorporate such terms of **.



NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree
as follows:



1. Definitions. All capitalized terms used herein, but not otherwise defined herein, shall have
the meanings given to such terms in the Agreement.



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2. Amendment.




	 	a.	 	The definition of “Dual Branding Period” in Section 1 of the Agreement is
deleted in its entirety and replaced with the following:







““Dual Branding Period” means the period during which Juniper Bank and Bank of
America shall each have the right to market co-branded credit cards bearing the
Marks of US Airways Group. Said period shall begin on the Commencement Date and end
on December 31, 2008 when Juniper Bank becomes the exclusive issuer of the
co-branded credit cards bearing the Marks of US Airways Group. **.”




	 	b.	 	The definition “Total Managed Expense” in Section 1 of the Agreement is deleted
in its entirety and replaced with the following:







““Total Managed Expense” means actual cost of funds, net credit and fraud losses,
**, acquisition costs including, Purchased Credit Card Relationships amortization
expense, **, New Account Fee and ** Fee, Base Miles, Adjustment Miles, Bonus Miles,
Renewed Account Fee expense, the Merger Bonus Payment, Annual Bonus Payment, **.”




	 	c.	 	Section 2.2.2 of the Agreement is deleted in its entirety and replaced with the
following:







“Net New Purchase Transactions. For purposes of this Agreement, “Net New
Purchase Transactions” means the aggregate amount of purchases of goods and services
posted to Accounts less all credits to Accounts for returned merchandise, or disputed
billing items. In no event shall Net New Purchases include (i) purchases or balance
transfers that are posted to an Account that has been reported lost or stolen (unless
such purchases or balance transfers represent bona fide purchases or a Qualifying
Balance Transfers posted to a lost or stolen Account, on which fees have not yet been
paid by Juniper Bank); (ii) balance transfers cash advance transactions and/or cash
advance transaction fees; and (iii) annual fees, finance charges, and any other bank fee
or charge posted to the Account (such fees include, but are not limited to, late fees,
return check fees, over-limit fees, credit insurance premiums, collection costs and
administrative fees). The amount so spent shall be rounded to the nearest dollar ($.50
will be rounded up) for purposes of determining the ** Fee and the Base Miles to be
credited to the FF Participant’s Account.”




	 	d.	 	Section 4.2.2 of the Agreement is deleted in its entirety and replaced with the
following:







“4.2.2. Fees. During the Term of this Agreement, Juniper Bank shall pay a
** Fee to US Airways Group equal to ** for each Base, Bonus or Adjustment Mile
awarded by Juniper Bank to an Account and accounts from **. In addition to the **
Fee, Juniper Bank shall pay a fee for the use of the US Airways Marks, marketing channels, administrative support and brand equity (“** Fee”) as follows:



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(a) From the Effective Date up to and including **:




	 	•	 	For each ** of Net New Purchase Transactions on Cards bearing US
Airways Marks in which Cardholders earn ** Mile per **, a fee of **;







	 	•	 	For every ** of Net New Purchase Transactions on Cards bearing US
Airways Marks in which Cardholders earn ** Mile per **, a fee of **; and







	 	•	 	For each Bonus or Adjustment Mile awarded by Juniper Bank on a Card
bearing US Airways Marks, a fee of **.







(b) As of ** and thereafter:




	 	•	 	For each ** of Net New Purchase Transactions on Cards bearing US Airways
Marks in which Cardholders earn ** Mile per **, a fee of **;







	 	•	 	For every ** of Net New Purchase Transactions on Cards bearing US Airways
Marks in which Cardholders earn ** Mile per **, a fee of **; and







	 	•	 	For each Bonus or Adjustment Mile awarded by Juniper Bank on a Card
bearing US Airways Marks, a fee of **.







Notwithstanding the foregoing, to the extent that Juniper Bank awards Bonus Miles as
incentives for ** cardholders to use the new Juniper Bank issued MasterCard, Juniper
Bank shall pay a ** Fee to US Airways Group equal to ** in addition to the ** Fee
for each such Bonus Mile awarded to such ** cardholders.




In addition, US Airways Group will award Base and Bonus Miles as follows:




(i) US Airways Group shall award Base Miles as set forth in Exhibit
A and Exhibit B attached hereto.




(ii) US Airways Group will from time to time award Bonus
Miles to Accounts. Bonus Miles will be awarded as agreed
from time to time by the parties for, by way of example only
and not limitation, rewards to Customers when they open
Accounts, rewards to Affinity Cardholders for engaging in
certain categories of transactions as the parties may agree,
including, but not limited to, the use of an Account to
purchase US Airways Group tickets. Bonus Miles shall be in
addition to Base Miles awarded per Net New Purchase
Transactions.”




	 	e.	 	Section 4.8 of the Agreement is deleted in its entirety and replaced with the
following:







“4.8 **.”





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	 	f.	 	The first sentence of the second paragraph of Section 4.6(ii) of the Agreement
is deleted in its entirety and replaced with the following:







“In the event Juniper Bank terminates this Agreement pursuant to this Section
4.6, US Airways will promptly repay an amount equal to **.”




	 	g.	 	Section 9.2 of the Agreement is deleted in its entirety and replaced with the
following:







“9.2 Exceptions. Notwithstanding the provisions set forth in Section
9.1 above, US Airways may **.”




	 	h.	 	Section 18(vii) of the Agreement is deleted in its entirety and replaced with
the following:







“(vii) **.”




	 	i.	 	The Agreement is amended by adding the following new sub-Sections (ix) (x) and
(xi) at the end of Section 18:







“(ix) On or before the Effective Date, US Airways Group has granted **.




(x) As of **, US Airways Group will no longer be required to ** with respect to account
acquisition marketing.




(xi) As of the Effective Date, US Airways Group shall exclude from all lists it provides
in connection with marketing or soliciting credit cards any contact information (e.g.,
name, street address or e-mail address) concerning a US Airways Group FF Participant
that is a cardholder of an account in the **.




	 	j.	 	The Agreement is amended by adding the following new Sections 27, 28, 29, and
30 at the end of the Agreement:







“27. SERVICING ACKNOWLEDGEMENT.




US Airways Group acknowledges that mechanics of executing ** will require ** to service
** for a commercially reasonable time until** and consents to such servicing by **.




28. PAYMENT ACKNOWLEDGEMENT




US Airways Group acknowledges that during the ** Juniper Bank will be relying on reports
from ** to calculate payments due to US Airways Group under the Agreement and reliance
on such reports. During the ** for payments due on the accounts in ** the ** calendar
day time frame for payment set forth in each of the foregoing sections shall be extended
to no later than ** calendar days. In the event Juniper Bank does not receive the
required reports from ** by the ** calendar day, it will advise US Airways Group and US
Airways Group shall provide an estimated



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report of miles awarded to ** in the particular month. Juniper Bank shall make payment
to US Airways for ** based on said report by the later of the ** calendar day or five
business days after receipt of the report from US Airways Group. Upon receipt of the
report from **, Juniper Bank will determine the amount of the payment due based on said
report and apply any over or under payment in the next month. Moreover, US Airways Group
acknowledges that payments made during the ** will be made based on limited reporting
from **. Upon **, Juniper Bank shall conduct an audit of Fees earned during the ** on
such accounts and make an adjustment (either upward or downward) to Fees paid in the
month following completion of the audit. It is expressly noted that nothing herein
shall be deemed to change the time for payment to be made for Fees earned on the
Accounts on Juniper Bank’s processing system.”




29. **




The parties acknowledge that, with respect to the **, Juniper Bank intends to make
commercially reasonable efforts to **. In the event that Juniper Bank elects not to **,
the parties agree that Juniper Bank may either **. If Juniper Bank elects option (i)
above, it shall **. For the avoidance of doubt, the parties agree that **.




30. **




Juniper Bank will implement an auto-enrollment program with ** to continue the
enrollment of ** accounts and any other acquired accounts ** sponsored by US Airways,
Inc. Juniper Bank will use commercially reasonable efforts to extend the ** to Accounts
acquired **.



3. Effectiveness. This Amendment No. 5 shall be effective on the Effective Date. In the event
that ** does not take place, this Amendment No. 5 shall have no force and effect and shall be null
and void for all purposes with the Agreement reverting back to the previous status quo, effective
as of and from the Effective Date without any further action by either party.



4. Effect. Except as set forth in this Amendment No. 5, the Agreement shall remain in full force
and effect and each of US Airways Group and Juniper Bank hereby restates and affirms all of the
terms and provisions of the Agreement. If any conflict exists between the terms and provisions of
the Agreement and this Amendment No. 5, the terms and provisions of this Amendment No. 5 will
govern and control.



5. Entire Agreement. The Agreement, as amended by this Amendment No. 5, constitutes the entire
agreement between the parties with respect to the subject matter hereof and supersedes all prior
understandings with respect thereto.



6. Counterparts. This Amendment No. 5 may be executed in any number of counterparts, each of which
shall be deemed an original and all of which when taken together shall constitute one and the same
instrument. Delivery of an executed counterpart signature page by facsimile shall be effective as
a manually executed signature page.



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IN WITNESS WHEREOF, Juniper Bank and US Airways Group have executed and delivered this
Amendment No. 5 as of the date first written above.



	 	 	 	 	 	 	 
	US AIRWAYS GROUP, INC.	 	BARCLAYS BANK DELAWARE
	 	 	 	 	Formerly known as

JUNIPER BANK
	 	 	 	 	 	 	 
	/s/ J.
Scott Kirby
	 	/s/ Lloyd Wirshba
	 	 	 
	By:
	 	J. Scott Kirby	 	By:	 	Lloyd Wirshba
	Title:

	 	President	 	Title:	 	Chief Executive Officer