Document:

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                                                                   EXHIBIT 10.54

                         DEFERRED STOCK AWARD AGREEMENT

         This AGREEMENT made as of this ___________, by and between AMR
Corporation, a Delaware corporation (the "Corporation"), and _________ (the
"Officer").

         WHEREAS, the stockholders of the Corporation approved the 1998 Long
Term Incentive Plan, as amended (the "1998 Plan") at the Corporation's annual
meeting held on May 20, 1998; and

         WHEREAS, the Compensation Committee of the Board of Directors has
determined that Officer is a key executive and has further determined to make an
award of Deferred Stock to the Officer (subject to terms of the 1998 Plan and
this Agreement), as an inducement for the Officer to remain with the Corporation
(or a Subsidiary or Affiliate thereof) and to motivate the Officer during such
employment.

         NOW, THEREFORE, the Corporation and the Officer hereby agree as
follows:

         1. Grant of Award.

         The Officer is hereby granted as of ___________ (the "Grant Date") a
Deferred Stock Award (the "Award"), subject to the terms and conditions of this
Agreement, with respect to _______ shares of Common Stock, $1.00 par value, of
the Corporation (the "Stock"). The shares of Stock covered by the Award will
vest, if at all in accordance with Sections 2 and 3. VESTING DATE is hereby
established as the "Vesting Date" of the Award.

         2. Distribution of Award on and after the Vesting Date.

         Distribution of the Award on and after the Vesting Date will occur, if
at all, in accordance with the following terms and conditions:

         (a) If the Officer is on the payroll of a Subsidiary that is wholly
owned by the Corporation as of the Vesting Date, the Award will be distributed
to the Officer in accordance with the following schedule:

<Table>
<Caption>
    Number of Shares               Date of Distribution            Tranche
    ----------------               --------------------            -------
<S>                                <C>                             <C>

</Table>

<PAGE>

Provided, however, if the Officer's employment with the Corporation (or a
Subsidiary or Affiliate thereof) is terminated after the Vesting Date but prior
to the complete distribution of the Award due to the Officer's death,
Disability, Retirement or termination not for Cause (each an "Early
Termination"), the distribution of any portion of the Award not already
distributed will be accelerated so as to occur as soon as practicable after such
Early Termination.

         (b) In the event of a Change in Control or Potential Change in Control
of the Corporation after the Vesting Date but prior to the complete distribution
of the Award, the Award will be paid in accordance with the 1998 Plan or its
successor.

         (c) Notwithstanding the terms of Section 2(a), the Award will be
forfeited in its entirety if after the Vesting Date but prior to the Award's
complete distribution:

         (i) The Officer's employment with the Corporation (or Subsidiary or
Affiliate thereof) is terminated for Cause, or if the Officer terminates his/her
employment with the Corporation (or Subsidiary or Affiliate thereof);

         (ii) The Officer becomes an employee of a Subsidiary that is not wholly
owned by the Corporation; or

         (iii) The Officer takes a leave of absence without reinstatement
rights, unless otherwise agreed in writing between the Corporation and the
Officer.

         3. Distribution prior to Vesting Date.

         (a) In the event the Officer's employment with the Corporation (or a
Subsidiary or Affiliate thereof) terminates prior to the Vesting Date due to an
Early Termination, the Award will be distributed on a prorata basis (as
described in the second sentence of this Section 3(a)) and will be paid to the
Officer (or, in the event of the Officer's death, the Officer's designated
beneficiary for purposes of the Award, or in the absence of an effective
beneficiary designation, the Officer's estate) as soon as practicable after such
Early Termination. The prorata basis will be a percentage where (i) the
numerator is the number of months from the GRANT DATE to the month of early
termination, inclusive and (ii) the denominator is 36 for Tranche 1, 48 for
Tranche 2 and 60 for Tranche 3.

<PAGE>

For example, assuming an Early Termination occurring in month six, and an Award
of 300 shares for each of Tranche 1, Tranche 2 and Tranche 3, the payment would
be made with respect to:

<Table>
<Caption>
                Months in       # Months          # of
  Tranche         Plan         per Tranche        Shares            Shares
-----------    -----------     -----------      -----------       -----------
<S>            <C>             <C>              <C>               <C>
    1              6        /      36       X       300       =        50
    2              6        /      48       X       300       =       37.5
    3              6        /      60       X       300       =        30
  Total                                                               117.5
</Table>

         (b) In the event of a Change in Control or Potential Change in Control
of the Corporation prior to the Vesting Date, the Award will be paid in
accordance with the 1998 Plan or its successor.

         (c) The Award will be forfeited in its entirety if prior to the Vesting
Date:

         (i) The Officer's employment with the Corporation (or and Subsidiary or
Affiliate thereof) is terminated for Cause, or if the Officer terminates his
employment with the Corporation (or any Subsidiary or Affiliate thereof);

         (ii) The Officer becomes an employee of a Subsidiary that is not wholly
owned, directly or indirectly, by the Corporation; or

         (iii) The Officer takes a leave of absence without reinstatement
rights, unless otherwise agreed in writing between the Corporation and the
Officer

         4. Transfer Restrictions.

         Unless otherwise permitted by the CEO, this award is non-transferable
other than by will or by the laws of descent and distribution, and may not be
assigned, pledged or hypothecated and will not be subject to execution,
attachment or similar process. Upon any attempt by the Officer (or the Officer's
successor in the interest after the Officer's death) to effect any such
disposition, or upon the levy of any such process, the Award may immediately
become null and void, at the discretion of the CEO.

         5. Miscellaneous.

         This Agreement (a) will be binding upon and inure to the benefit of any
successor of the Corporation, (b) will be governed by the laws of the State of
Texas and any applicable laws of the United States, and (c) may not be amended
without the written consent of both the Corporation and the Officer. No contract
or right of employment will be implied by this Agreement. In the event Officer
does not forward to the Corporation, within the applicable period, required
taxes with respect to any Award distributed pursuant to this Agreement, the

<PAGE>

Corporation may withhold from any payments to by made to the Officer by the
Corporation (or any Subsidiary or Affiliate thereof) an amount(s) equal to such
taxes.

         6. Adjustments in Awards.

         In the event of a Stock dividend, Stock split, merger consolidation,
re-organization, re-capitalization or other change in the corporate structure of
the Company, appropriate adjustments may be made by the Board of Directors in
the number of shares awarded.

         7. Securities Law Requirements.

         The Corporation will not be required to issue Stock pursuant to this
Award unless and until (a) such shares have been duly listed upon each stock
exchange on which the Corporation's Stock is registered; and (b) a registration
statement under the Securities Act of 1933 with respect to such shares is then
effective.

         The CEO may require the Officer to furnish to the Corporation, prior to
distribution of the Stock in connection with this Award, an agreement, in such
form as the CEO may from time to time deem appropriate, in which the Officer
represents that the shares acquired by him/her under the Award are being
acquired for investment and not with a view to the sale or distribution thereof.

         8. Incorporation of 1998 Plan Provisions.

         This agreement is made pursuant to the 1998 Plan and is subject to all
of the terms and provisions of the 1998 Plan as if the same were fully set forth
herein. Capitalized terms not otherwise defined herein will have the meanings
set forth for such terms in the 1998 Plan, as amended.

         IN WITNESS HEREOF, the Officer and the Corporation have executed this
Deferred Stock Agreement as of the day and year first above written.

Officer                                          AMR CORPORATION

------------------------------                   -------------------------------
                                                 Charles D. MarLett
                                                 Corporate Secretary<PAGE>
                                                                   EXHIBIT 10.60

                     2003 - 2005 PERFORMANCE UNIT AGREEMENT

         This performance unit agreement ("Agreement") is made this ____ day of
____ 2003, by and between AMR Corporation, a Delaware corporation (the
"Corporation"), and _____________ (the "Employee" or "Recipient"), employee
number ________.

         WHEREAS, pursuant to the Performance Unit Program (the "Program")
adopted by the Board of Directors of the Corporation (the "Board"), the Board
has determined to make a Program grant to the Employee of performance units
(subject to the terms of the 2003 Performance Unit Plan (the "2003 Unit Plan")
and this Agreement), as an inducement for the Employee to remain an employee of
the Corporation (or a Subsidiary of Affiliate thereof), and to retain and
motivate such Employee during such employment.

         This Agreement sets forth the terms and conditions attendant to the
performance units granted under the 2003 Unit Plan.

         1. Grant of Award. The Recipient is hereby granted as of ______, (the
"Grant Date") performance units (the "Award"), subject to the terms and
conditions of this Agreement with respect to _____ performance units
(collectively, the "Units"). The Units covered by the Award shall vest, if at
all, in accordance with Section 2. On the date the Units vest (if at all),
Recipient will receive, net of applicable withholding or applicable social
security taxes, a payment representing the product of (i) the number of vested
Units and (ii) the average of the high and low price of the Corporation's Common
Stock, $1.00 par value per share, on a date chosen by the Board, which date
shall be as soon as practicable after the end of the Measurement Period (as
defined below).

         2. Vesting.

         (a) The Units will vest, if at all, in accordance with Schedule A,
attached hereto and made a part of this Agreement.

         (b) In the event Recipient's employment with the Corporation (or a
Subsidiary or Affiliate thereof) is terminated prior to the end of the three
year measurement period set forth in Schedule A (the "Measurement Period") due
to the Recipient's death, Disability, Retirement or termination not for Cause
(each an "Early Termination") the Award will vest, if at all, on a prorata basis
and will be paid to the Employee (or, in the event of the Employee's death, the
Employee's designated beneficiary for purposes of the Award, or in the absence
of an effective beneficiary designation, the Employee's estate). The prorata
shares will be a percentage where the denominator is 36 and the numerator is the
number of months from January 1, 2003 through the month of Early Termination,
inclusive. The Award will be paid to the Recipient at or around the same time as
payments are made to then current employees who have been granted Units under
the 2003 Unit Plan.

                                                                               1
<PAGE>

         (c) In the event Recipient's employment with the Corporation (or any
Subsidiary or Affiliate thereof) is terminated for Cause, or if the Recipient
terminates his/her employment with the Corporation (or any Subsidiary or
Affiliate thereof), each occurring prior to the payment contemplated by this
Agreement, the Award shall be forfeited in its entirety.

         (d) If prior to the payment contemplated by this Agreement, the
Recipient becomes an employee of a Subsidiary that is not wholly owned, directly
or indirectly, by the Corporation, or if the Recipient begins a leave of absence
without reinstatement rights, then in each case the Award shall be forfeited in
its entirety.

         (e) In the event of a Change in Control or Potential Change in Control
of the Corporation, the Award shall vest in accordance with the 2003 Unit Plan,
or its successor.

         3. Transfer Restrictions. This Award is non-transferable otherwise than
by will or by the laws of descent and distribution, and may not otherwise be
assigned, pledged or hypothecated and shall not be subject to execution,
attachment or similar process. Upon any attempt by the Recipient (or the
Recipient's successor in interest after the Recipient's death) to effect any
such disposition, or upon the levy of any such process, the Award may
immediately become null and void, at the discretion of the Board.

         4. Miscellaneous. This Agreement (a) shall be binding upon and inure to
the benefit of any successor of the Corporation, (b) shall be governed by the
laws of the State of Texas and any applicable laws of the United States, and (c)
may not be amended without the written consent of both the Corporation and the
Recipient. No contract or right of employment shall be implied by this
Agreement.

                  In consideration of the employee's privilege to participate in
the Plan, the employee agrees (i) not to disclose any trade secrets of, or other
confidential/restricted information of, American Airlines, Inc. ("American") or
its Affiliates to any unauthorized party and (ii) not to make any unauthorized
use of such trade secrets or confidential or restricted information during his
or her employment with American or its Affiliates or after such employment is
terminated, and (iii) not to solicit any then current employees of American or
any other Subsidiaries of the Corporation to join the employee at his or her new
place of employment after his or her employment with American or its Affiliates
is terminated.

         5. Adjustments in Awards. In the event of a Stock dividend, Stock
split, merger, consolidation, re-organization, re-capitalization or other change
in the corporate structure of the Corporation, appropriate adjustments may be
made by the Board of Directors in the number of shares awarded.

                                                                               2
<PAGE>

         6. Incorporation of 1998 Plan Provisions. Capitalized terms not
otherwise defined herein (inclusive of Schedule A) shall have the meanings set
forth for such terms in the Corporation's 1998 Long Term Incentive Plan, as
amended.

                  IN WITNESS HEREOF, the Recipient and the Corporation have
executed this Performance Unit Agreement as of the day, month and year set forth
above.

RECIPIENT                                          AMR CORPORATION

-----------------------------                      -----------------------------
                                                   Charles D. MarLett
                                                   Corporate Secretary

                                                                               3
<PAGE>

                        2003 - 2005 PERFORMANCE UNIT PLAN
                         FOR OFFICERS AND KEY EMPLOYEES

Purpose

The purpose of the 2003 - 2005 AMR Corporation Performance Unit Plan ("Plan")
for Officers and Key Employees is to provide greater incentive to officers and
key employees of the subsidiaries and affiliates of AMR Corporation ("AMR" or
"the Corporation") to achieve the highest level of individual performance and to
meet or exceed specified goals which will contribute to the success of the
Corporation.

Definitions

For purposes of the Plan, the following definitions will control:

"Affiliate" is defined as a subsidiary of AMR or any entity that is designated
by the Committee as a participating employer under the Plan, provided that AMR
directly or indirectly owns at least 20% of the combined voting power of all
classes of stock of such entity.

"Committee" is defined as the Compensation Committee, or its successor, of the
AMR Board of Directors.

"Comparator Group" is defined as the six major U.S. based carriers including AMR
Corporation, Continental Airlines, Inc., Delta Air Lines, Inc., Northwest
Airlines Corp., Southwest Airlines Co., and UAL Corporation.

"Measurement Period" is defined as the three year period beginning January 1,
2003 and ending December 31, 2005.

"Total Shareholder Return (TSR)" is defined as the rate of return reflecting
stock price appreciation plus reinvestment of dividends over the Measurement
Period. The average Daily Closing Stock Price (adjusted for splits and
dividends) for the three months prior to the beginning and ending points of the
Measurement Period will be used to smooth out market fluctuations.

"Daily Closing Stock Price" is defined as the stock price at the close of
trading (4:00 PM EST) of the National Exchange on which the stock is traded.

"National Exchange" is defined as either the New York Stock Exchange (NYSE), the
National Association of Stock Dealers and Quotes (NASDAQ), or the American Stock
Exchange (AMEX).

                                                                               4
<PAGE>

Accumulation of Units

         Any payment under the Plan will be determined by (i) the Corporation's
TSR rank within the Comparator Group and (ii) the terms and conditions of the
award agreement between the Corporation and the employee. The distribution
percentage of target units, based on rank, is specified below:

<Table>
<Caption>
                             Granted Shares - Percent of Target Based on Rank
-----------------  --------------  ---------------  --------------  --------------  ---------------  ------------
<S>                <C>             <C>              <C>             <C>             <C>              <C>
Rank                            6                5               4               3                2             1
Payout %                        0%              50%             75%            100%             135%          175%
</Table>

In the event that a carrier (or carriers) in the Comparator Group ceases to
trade on a National Exchange at any point in the Measurement Period, the
following distribution percentage of target units, based on rank and the number
of remaining comparators, will be used accordingly.

                                  5 Comparators

<Table>
<Caption>
                      Granted Units - Percent of Target Based on Rank
-----------------  --------------  ---------------  --------------  --------------  -------------
<S>                <C>             <C>              <C>             <C>             <C>
Rank                            5                4               3               2              1
Payout %                       50%              75%            100%            135%           175%
</Table>

                                  4 Comparators

<Table>
<Caption>
              Granted Units - Percent of Target Based on Rank
-----------------  --------------  ---------------  --------------  ------------
<S>                <C>             <C>              <C>             <C>
Rank                            4                3               2             1
Payout %                       75%             100%            135%          175%
</Table>

                                  3 Comparators

<Table>
<Caption>
            Granted Units - Percent of Target Based on Rank
--------------------  -----------------  -----------------  ----------------
<S>                   <C>                <C>                <C>
Rank                                  3                  2                 1
Payout %                             50%               135%              175%
</Table>

                                                                               5
<PAGE>

Administration

The Committee shall have authority to administer and interpret the Plan,
establish administrative rules, approve eligible participants, and take any
other action necessary for the proper and efficient operation of the Plan. The
distribution percentage of units, if any, will be determined based on an audit
of AMR's TSR rank by the General Auditor of American Airlines, Inc. A summary of
awards under the Plan shall be provided to the Board of Directors at the first
regular meeting following determination of the awards. THE AWARDS WILL BE PAID
IN CASH.

General

Neither this Plan nor any action taken hereunder shall be construed as giving
any employee or participant the right to be retained in the employ of American
Airlines, Inc. or an Affiliate.

Nothing in the Plan shall be deemed to give any employee any right,
contractually or otherwise, to participate in the Plan or in any benefits
hereunder, other than the right to receive an award as may have been expressly
awarded by the Committee subject to the terms and conditions of the award
agreement between the Corporation and the employee.

In the event of any act of God, war, natural disaster, aircraft grounding,
revocation of operating certificate, terrorism, strike, lockout, labor dispute,
work stoppage, fire, epidemic or quarantine restriction, act of government,
critical materials shortage, or any other act beyond the control of the
Corporation, whether similar or dissimilar, (each a "Force Majeure Event"),
which Force Majeure Event affects the Corporation or its Subsidiaries or its
Affiliates, the Committee, in its sole discretion, may (i) terminate or (ii)
suspend, delay, defer (for such period of time as the Committee may deem
necessary), or substitute any awards due currently or in the future under the
Plan, including, but not limited to, any awards that have accrued to the benefit
of participants but have not yet been paid.

In consideration of the employee's privilege to participate in the Plan, the
employee agrees (i) not to disclose any trade secrets of, or other
confidential/restricted information of, American Airlines, Inc. or its
Affiliates to any unauthorized party and, (ii) not to make any unauthorized use
of such trade secrets or confidential or restricted information during his or
her employment with American Airlines, Inc. or its Affiliates or after such
employment is terminated, and (iii) not to solicit any then current employees of
American Airlines, Inc. or any other Subsidiaries of the Corporation to join the
employee at his or her new place of employment after his or her employment with
American Airlines, Inc. or its Affiliates is terminated.

The Committee may amend, suspend, or terminate the Plan at any time.

                                                                               6

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