Document:

Exhibit
10.19

 

February 20,
2001

 

Mr.  Mike Parks

c/o
Worldspan, L.P.

300
Galleria Parkway, N.W.

Atlanta,
Georgia  30339

 

Re:          Key Management Retention Program

 

Dear
Mike:

 

The establishment
and maintenance of a sound and vital management team is important to protecting
and enhancing the best interests of Worldspan. 
We have determined that additional steps should be taken to reinforce
and encourage the continued attention and dedication of certain members of
Worldspan’s management, including yourself.

 

Worldspan desires
to provide incentives to you in accordance with the terms of this letter
agreement (“Agreement”) to induce you to (i) remain with Worldspan; (ii)
achieve good individual and company performance; (iii) deliver key business
initiatives; and (iv) increase the value of Worldspan.  This Agreement supersedes and replaces the
letter agreement between you and Worldspan dated April 4, 1999, with the
one exception of the special travel program previously established for you.

 

1.             Definitions.  As used
in this Agreement, the terms set forth in Section 27 will have the
respective meanings specified in such Section. 
Other terms used in this Agreement are defined in the context in which
they are used and will have the respective meanings there indicated.

 

2.             Term
of Agreement.  This Agreement shall commence on the date
hereof and shall continue in effect until December 31, 2002; provided
commencing on January 1, 2003 and each January 1 thereafter, the term
of this Agreement shall automatically be extended for one (1) additional year
unless at least ninety (90) days prior to such January 1 dates, Worldspan
or you shall have given notice that it or you do not wish to extend this
Agreement; provided further, this Agreement shall continue in effect beyond the
term and until all obligations are complete if your termination or a
Change-in-Control shall have occurred during such term.

 

3.             Duties.  While
you are actively employed by Worldspan you shall faithfully, diligently,
lawfully, and ethically discharge your duties and responsibilities as an
officer and an employee, and shall:  (i)
use your best efforts to advance the interests of Worldspan and to implement
the policies and decisions of the Worldspan Board; (ii) devote your full and
exclusive business time, energy and skill to Worldspan, to the promotion of its
business and interests; (iii) not serve as an employee, officer, agent,
representative or consultant, or otherwise provide services for, or serve as a
member of the board of directors of, any other corporation or entity without
the prior written approval of the President and Chief Executive Officer of
Worldspan or the Worldspan Board; provided, you may be an officer with, and may
serve as a member of the board of directors of

 

 

companies affiliated with Worldspan, and you may perform
unpaid services for charitable, educational, and similar organizations.

 

4.             Retention
and Performance Incentives.

 

(a)           EICP Enhancements.  (i) The
minimum, target and maximum levels of the short-term portion of your 2001 and 2002
EICP will be 32.5%, 65% and 130% respectively; (ii) the minimum, target and
maximum levels and other terms and conditions of the short-term portion of your
2001 and 2002 EICP shall not be less favorable, taken as a whole, than the 2000
levels, terms and conditions;  (iii) the
minimum, target and maximum levels of the long-term portion of your 2001 and
2002 EICP (payable in 2004 and 2005, and payable in 2005 and 2006,
respectively) are hereby increased to 22.5%,  45% and 90% respectively; (iv) the
calculation of your EICP payments shall be based on your Salary, as that term
is defined in Section 27; and (v) the provisions of this Agreement will
prevail over any less favorable terms in the standard EICP documentation.  Notwithstanding anything to the contrary:  (x) the minimum payment to you under the
short-term portion of your 2000 EICP will be not less than 40% of your Salary,
irrespective of Company performance; (y) the minimum payment to you under the
short-term portion of your 2001 and 2002 EICPs will be not less than 20% of
your Salary, irrespective of Company performance; and (z) the minimum payment
to you under the long-term portion of your 2001 and 2002 EICPs will be not less
than 20% of your Salary, irrespective of Company performance.  If you die on or after July 1 of any
particular calendar year while still employed by Worldspan, the short-term and
long-term portions of the EICP will be paid to your estate, at the levels paid
to other officers, prorated for the portion of year or EICP period which has
passed as of the date of your death.  If
you receive additional cash compensation for the performance of acting or
similar duties for more than six (6) months during a calendar year or EICP
period, your EICP payment for such calendar year or EICP period will be
calculated using your acting pay for the number of months you received such
acting pay and your base salary for all other months.

 

(b)           Success Fee.  Provided the applicable
condition is met, Worldspan will pay you one or the other (but not both) of the
following:

 

(i)            If a Change-in-Control occurs by
December 31, 2002 (or by June 30, 2003 for a Change-in-Control
transaction for which the definitive agreement was signed on or after
April 1, 2002), not later than seven (7) days after the closing of such,
Worldspan (or its successor, if applicable) will pay to you the amount of
$2,500,000; or

 

(ii)           If on or before December 31, 2002 (or by
June 20, 2003 for a transaction for which the definitive agreement was
signed on or after April 1, 2002), Worldspan acquires all or a substantial
portion of Amadeus, Sabre, or Galileo, Worldspan (or its successor) will pay
you the amount of $1,250,000.

 

This success fee
is payable even if your employment terminates as a result of the
Change-in-Control, and is in addition to amounts and benefits payable under
Section 7; provided, payment of this success fee would be in lieu of any
unpaid retention payments pursuant to Section 4(d).

 

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(c)           Lump Sum Bonus.  As previously agreed to in your
employment letter agreement dated April 4, 1999, Worldspan will pay you a
lump sum cash bonus equal to One Hundred Sixty-Four Thousand Dollars ($164,000)
no later than April 10, 2001, subject to your compliance with this Agreement.

 

(d)           June, 2002 Bonus.  If you
are employed by Worldspan or its successor on June 30, 2002 other than as
an Inactive Employee, and a Change-in-Control has not occurred on or before
that date, Worldspan will provide you with a lump sum cash payment of three hundred
percent (300%) of your Salary as of June 30, 2002.  One-half of this amount will be paid to you
no later than July 31, 2002 and the other one-half will be paid to you no
later than July 31, 2003 if you are still employed by Worldspan on the
date of the second payment.

 

5.             Employee
Benefits.

 

(a)           Applicable  Benefits.  You will be
eligible to participate in the 401(k) Plan, Pension Plan, Health Plan,
Short-Term and Long-Term Disability Plan for Employees of Worldspan, L.P.,
Worldspan Executive Deferred Compensation Plan and Worldspan Retirement Benefit
Restoration Plan according to the terms and conditions of such plans.  You will also have the right to participate
in any other employee welfare and benefit programs maintained by Woridspan, in
accordance with the terms and conditions of such employee programs applicable
to officers, to the extent prescribed for the position then held by you as set
forth in such programs or in the resolutions of the Worldspan Board
establishing such programs.

 

(b)           Vacation and Time Off.  As of
the Effective Date, you will be eligible for five (5) weeks of vacation as well
as three (3) personal option days per year which may be used at your reasonable
discretion, subject to Worldspan’ s operational requirements.  You will be eligible for six (6) weeks of
vacation when permitted under Worldspan’s standard vacation policy with the
exception that Worldspan will consider August 1, 1981 as your seniority
date solely for purposes of determining your vacation schedule.  Upon the first anniversary of the Effective
Date, you will accrue vacation hours each pay period at the rate of 8.34 hours
per pay period, up to a maximum of ten (10) weeks of vacation.

 

(c)           Travel Clubs.  Worldspan will pay your annual
membership dues for participation in the Delta Crown Room, TWA Ambassador Club
and Northwest World Club.

 

(d)           Advance Degree Program. 
Worldspan will reimburse you for tuition, books, and other expenses
related to your enrollment in the preferred Master of Business Administration
advanced degree program at Duke University (or similar educational institution)
up to a total reimbursement of Ninety-Five Thousand Dollars ($95,000).  Worldspan will provide you with paid
educational leave to enable you to attend the mandatory on-site courses for
this program.  If you terminate
employment with Worldspan other than for Good Reason within two (2) years after
either completion of the program or cessation of your studies, you will
reimburse Worldspan in an amount equal to the amount paid by Worldspan multiplied
by a fraction, the numerator of which is twenty-four (24) minus the number of
months following your completion of the program or cessation of your studies
and the denominator is twenty-four (24).

 

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(e)           IPO Incentives.  If Worldspan engages in an IPO
while you are employed by Worldspan, you will be treated no less favorably in
terms of prospective IPO equity opportunities than similarly situated senior
vice presidents.  The provision of these
non-qualified stock options shall be subject to the terms of the IPO as well as
all legal requirements.

 

6.             Change-in-Control
and EICP Payments.

 

(a)           Except as set forth in Section 6(b), in the event a
Change-in-Control occurs while you are employed by Worldspan other than as an
Inactive Employee, the short-term portion of the EICP shall be paid to you at
the maximum level (subject to Section 4(a)) and all of the unpaid
long-term portions of the EICP shall be paid to you at the greater of the
Forecasted Actual Levels or target levels (subject to Section 4(a)), in
each case, prorated for the portion of year or EICP period which has passed as
of the date of the Change-in-Control. 
The payments pursuant to this Section will be made within thirty
(30) days after the Change-in-Control unless your employment is terminated by
you other than for Good Reason or by Worldspan for Good Cause following the
Change-in-Control and before the due date of the payment in which event you
will not receive any payment hereunder.

 

(b)           If the Change-in-Control occurs during the first quarter of a calendar
year, your EICP payments will be paid pursuant to this Section 6(b) rather
than Section 6(a).  Subject to
Section 4(a), Worldspan will pay the short-term portion of the EICP for
the previous calendar year at the maximum level and all of the unpaid long-term
portions of the EICP in effect for you on the date of the Change-in-Control at
the greater of the Actual Forecasted Levels or target levels prorated for the
portion of each EICP period which has passed as of the date of the
Change-in-Control.  Worldspan will also
pay the short-term portion of the EICP for the year in which the
Change-in-Control occurs at the target level, prorated for the portion of the
EICP year which has passed as of the date of the Change-in-Control.  The payments pursuant to this
Section will be made within thirty (30) days after the Change-in-Control
unless your employment is terminated by you other than for Good Reason or by
Worldspan for Good Cause following the Change-in-Control and before the due
date of the payment in which event you will not receive any payment.

 

7.             Severance
Provisions.  If a termination notice is given pursuant to
Section 11, you shall be entitled to the items specified in subparagraphs
(a) through (l) below upon the termination of your employment within thirty
(30) days of the date of the termination notice unless such termination
is:  (i) because of your death, (ii)
because of your Total Disability, (iii) by Worldspan for Good Cause, or (iv) by
you other than for Good Reason.  In the
event your termination of employment is by you for Good Reason, you shall be
entitled to the items specified in subparagraphs (a) through (l) below (subject
to Section 12) only if your termination is within ninety (90) days of the
date the Good Reason occurs.  The items
in subparagraphs (a) through (l) below will not be paid to you if Worldspan
terminates your employment for Good Cause at any time, even after a termination
notice has already been given.

 

(a)           You will remain on the Worldspan payroll for one (1) year following the
date specified in your termination notice, you will be paid an amount during
such year as an Inactive

 

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Employee at a rate equal to the greater of your Salary
as of the date you became an Inactive Employee or your base salary as of the
date of this Agreement, and you will continue to participate in Worldspan’s
Qualified Plans (or substitute nonqualified plans of equal value) as well as the
airline pleasure travel pass programs during such year but you shall not
participate in any long-term or short-term incentive payments or other bonus or
special arrangements and you will not accrue vacation or sick pay while on the
payroll as an Inactive Employee;

 

(b)           Worldspan shall pay as severance pay to you within thirty (30) days of
the date you become an Inactive Employee, an amount equal to two (2) times the
sum of (i) your Salary as of the date you become an Inactive Employee or your
base salary as of the date of this Agreement, whichever is higher, plus (ii)
one hundred percent (100%) of the annual target level payment under the
short-term portion of the EICP applicable to you on the date you become an
Inactive Employee (subject to Section 4(a));

 

(c)           Worldspan shall pay you One Hundred Percent (100%) of the greater of (i)
the Forecasted Actual Level or (ii) the target level payment, under the
short-term portion of the EICP in effect for you on the date you become an
Inactive Employee, subject to Section 4(a), prorated for the portion of
the EICP plan year which has passed as of the date you become an Inactive
Employee, all to be paid within thirty (30) days of the date you become an
Inactive Employee;

 

(d)           Worldspan shall pay you One Hundred Percent (100%) of the greater of the
(i) Forecasted Actual Levels or (ii) target levels, under all of the unpaid
long-term portions of the EICP in effect for you on the date you become an
Inactive Employee, subject to Section 4(a), prorated for the portion of
the EICP periods which have passed as of the date you become an Inactive
Employee, all to be paid within thirty (30) days of the date you become an
Inactive Employee;

 

(e)           If the termination occurs before all amounts in Section 4(d) are
fully paid, Worldspan shall pay you a pro rata portion of the amount set forth
in Section 4(d), the amount to be based on your Salary on the day you
become an Inactive Employee and further on the period of time between
January 1, 2001 and the day you become an Inactive Employee compared to
the period between January 1, 2001 and June 30, 2002;

 

(f)            Worldspan shall provide health and dental
benefits in accordance with Section 9;

 

(g)           Subject to your passing a standard medical physical performed by a
representative of Worldspan, Worldspan shall provide a Worldspan-paid term life
insurance policy in a face amount of three (3) times your annual Salary, not to
exceed One Million Dollars ($1,000,000), while you are an Inactive Employee and
for a period of two (2) years following the date you leave the payroll; said
policy will be convertible to an individual policy payable by you at the end of
such two (2) year period, in a face amount consistent with the foregoing and
declining with age;

 

(h)           Worldspan shall provide executive outplacement services with a total
value of up to Twenty-Five Thousand Dollars ($25,000) for two (2) years
following the date you become an

 

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Inactive Employee, said services to be provided by Drake
Beam Morin, Inc. or a similar outplacement firm selected by Worldspan;

 

(i)            You may retain Worldspan-owned equipment
(including but not limited to, personal computer, lap top computer, software,
printer and mobile phone, if applicable) used outside the office by you on the
date the termination notice is given;

 

(j)            In the event you have not used all of your
vacation by the date you become an Inactive Employee, Worldspan will pay you a
lump sum for all unused earned vacation within thirty (30) days of the date you
become an Inactive Employee;

 

(k)           If you qualify, Worldspan shall provide retiree pleasure travel passes in
accordance with Section 10;

 

(l)            For a two (2) year period following the date on
which you leave the payroll as an Inactive Employee ends, you and your eligible
participants shall be entitled to participate in a travel program on Delta,
Northwest, and TWA which is essentially the same as the program set forth in
Exhibit A, attached hereto.  If a
carrier is acquired by another carrier, the pass privileges set forth in this
section will apply only if the successor carrier agrees to allow such
travel; and

 

(m)          Until the earlier of two (2) years following the date of closing of a
Change-in-Control or July 31, 2003, Worldspan will provide you with the
relocation benefits set forth in Attachment B.

 

8.             Health
Coverage.  The health coverage referred to in
Section 7(f) shall be determined in accordance with this Section.  You may elect COBRA continuation coverage
(as set forth in the Health Plan) for a period of up to two (2) years following
the date you leave the payroll as an Inactive Employee.  Your cost for such coverage shall be equal
to the amount paid by active employees for similar coverage under the Health
Plan.  In the event you are within five
(5) years of Worldspan’s earliest retirement age under the Pension Plan as of
the date you leave the payroll, you may elect retiree medical coverage at any
time following the expiration of your COBRA benefits.  The retiree medical coverage will be similar, in Worldspan’s reasonable
judgment, to the coverage provided to other Worldspan retirees.  You will be required to pay the same cost
for this retiree coverage that is required of retiring employees who have the
actual years of service which you are deemed to have pursuant to
Section 8(a) and (b).

 

9.             Retiree
Pleasure Travel Passes.  Subject to Section 7 and in addition to
any other travel programs to which you are entitled, you will be eligible for
retiree passes in accordance with this Section.  You may elect retiree passes on one (1) of such airlines in
accordance with the retiree programs of those carriers for Worldspan employees
as those programs exist at the time of your retirement.  You understand and agree that your passes are
nontransferable, may not be exchanged for cash or other consideration and are
subject to all other terms and conditions imposed from time to time by the
applicable airline for Worldspan retirees.

 

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10.           Effect
of Termination on Account of Death. 
Good Cause or Total Disability.

 

(a)           If you die while an employee of Worldspan and a termination notice under
Section 11 has not been given prior to the date of your death, this
Agreement shall terminate at the day of your death and no benefits (other than
those benefits accrued and payable as of the date of your death) will be
payable to or with respect to you on account of this Agreement.  If you should die after a termination notice
under Section 11 has been given or subsequent to your Termination Date
while any amount is still payable to you hereunder, all such amounts, unless
otherwise provided herein, shall be paid in accordance with the terms of this
Agreement to your devisee, legatee or other designee or, if there be no such
designee, to your estate; such payment to be made in a lump sum within sixty
(60) days from the date of your death.

 

(b)           If Worldspan terminates your employment for Good Cause, Worldspan shall
pay you your full Salary through the Termination Date at the rate in effect at
the time notice of termination is given, plus any unused earned vacation but
none of the payments or benefits set forth in Sections 4, 5, 6, 7, 8, or
9.  The amounts payable under this
Section will be paid within thirty (30) days of your Termination Date and
Worldspan shall have no further obligation to you under this Agreement.

 

(c)           If your employment terminates on account of your Total Disability and a
termination notice under Section 11 has not been given prior to the date
of Total Disability, this Agreement shall terminate as of your Termination
Date.

 

11.           Notice
of Termination.

 

(a)           Any termination of your employment by Worldspan, and any termination by
you on account of Good Reason, shall be communicated by prompt written notice
of termination to the other party hereto. 
The notice of termination shall indicate the specific termination
provision in this Agreement relied upon and shall set forth in reasonable
detail the facts and circumstances claimed to provide a basis for termination
of your employment under the provisions so indicated.

 

(b)           You may request in writing an opinion from Worldspan of whether Worldspan
believes a proposed termination by you would be considered on account of Good
Reason as defined herein.  Such opinion
shall be provided to you in writing within twenty (20) days of your written
request and shall be binding on Worldspan.

 

12.           Taxes.

 

(a)           Except as otherwise provided herein, Worldspan will withhold from any
amounts payable under this Agreement all federal, state, city or other taxes as
shall be required pursuant to any law or government regulation or ruling.

 

(b)           In the event any payments hereunder become subject to excise tax pursuant
to Section 4999 of the Internal Revenue Code of 1986, as amended, or
comparable state or local tax laws, Worldspan will pay you such additional
compensation as is necessary (after taking into

 

7

 

account all federal, state and local income taxes
payable by you as a result of the receipt of such amounts) to place you in the
same after-tax position you would have been in had no such excise tax (or any
interest or penalties thereon) been paid or incurred.

 

13.           Mitigation
and Other Benefits.  You shall not be required to mitigate the
amount of any payment provided for in this Agreement by seeking other
employment or otherwise, nor shall the amount of any payment provided for in
this Agreement be reduced by any compensation earned by you as the result of
employment by another employer (subject to Section 18) after the
Termination Date or otherwise.  This
Agreement shall not diminish the vacation, retirement or welfare benefits to
which you are or will be entitled under the Worldspan vacation policy,
Executive Deferred Compensation Plan, Worldspan Benefit Restoration Plan,
401(k) Plan, Pension Plan, Health Plan and other tax qualified employee benefit
plans, as amended from time-to-time.

 

14.           Successors;
Binding Agreement.

 

(a)           This Agreement shall be binding upon Worldspan and any successors
(whether direct or indirect, by purchase, merger, consolidation or otherwise)
to all, or substantially all, of the business and/or assets of Worldspan.

 

(b)           This Agreement shall inure to the benefit of and be enforceable by your
personal and legal representatives, executors, administrators, successors,
heirs, distributees, devisees and legatees.

 

15.           Notice.  Notices
and all other communications provided for in this Agreement shall be in writing
and shall be deemed to have been duly given when hand delivered or mailed by
United States first class mail or similar mail service located outside the
United States addressed to the respective addresses set forth on the first page
of this Agreement or to such other address or person as either party may have
furnished to the other in writing in accordance herewith.  Notice of change of address shall be
effective only upon receipt.

 

16.           Non-Disparagement.  You
covenant and agree that you will not, during your employment with Worldspan,
while you are an Inactive Employee and for a period of twelve (12) months after
the date you leave the payroll, take any action or make any statement that
disparages or criticizes Worldspan, any of its Affiliates or its
successors.  Worldspan agrees that it
will not during your employment with Worldspan, while you are an Inactive
Employee and for a period of twelve (12) months after the Termination Date,
take any action or make any statement that disparages or criticizes you.

 

17.           Non-Solicitation.  You
covenant and agree that during your employment with Worldspan, while you are an
Inactive Employee and for a period of twelve (12) months after the date you
leave the payroll, you will not, directly or indirectly, solicit for
employment, attempt to employ, or affirmatively assist any entity other than
Worldspan in employing or soliciting for employment whether as an employee,
consultant or otherwise, any person at the manager level or above who is
employed by or a contractor to Worldspan or any successor entity.

 

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18.           Non-Compete. 
Worldspan provides to customers on a worldwide basis CRS Services,
Back-Office Subscriber Services, Airline Support Services, and Internal
Reservation Services (collectively, the “Business”).  You acknowledge that in your capacity as an Officer of Worldspan,
you have gained significant expertise and knowledge of Worldspan’s Business,
including, but not limited to, the operation of the Worldspan systems,
Worldspan’s international and domestic plans, the marketing of Worldspan’s CRS,
hosting and other services, Worldspan’s future plans and strategies, and the
relationships between Worldspan and its customers.  You agree that in order to adequately protect the legitimate
interests of Worldspan and its successor, it is essential that any non-compete
covenant cover Worldspan’s Business as defined herein.  You covenant and agree that you shall not,
without Worldspan’ s express written consent, while you are an employee of
Worldspan, while you are an Inactive Employee and for a period of twelve (12)
months following the date you leave the payroll, directly or indirectly render
consulting or advisory services to, or be a proprietor, officer, manager,
director, partner or employee in a decision-making, policy-setting, marketing
or planning capacity of the following businesses including their Affiliates and
successors (if and to the extent that your position with such Affiliate or
successor involves or includes activities included in the Business):  System One, Sabre, Galileo, Abacus, Amadeus,
Infini and EDS (only to the extent the EDS activities are similar to the
Worldspan Business).

 

19.           Non-Disclosure.  Except
as required by law, you covenant and agree not to divulge the terms of this
Agreement to anyone except your attorney, financial advisors, accountant or
your spouse, children, siblings, or parents. 
To the extent that you do divulge the terms of the Agreement to any such
person, you will advise them that they must not divulge the terms of this
Agreement.

 

20.           Severance
and Benefits Contingent.  You acknowledge and agree that your
eligibility to receive severance and other benefits under this Agreement is
subject to and contingent upon your keeping of the covenants in Sections 16,
17, 18, 19, and 20 and that any payments or benefits made to or conferred upon
you pursuant to this Agreement by virtue of your termination of employment will
be expressly conditioned upon execution by you of a mutual release agreement
substantially similar to the one attached hereto as Attachment C.  Worldspan and you covenant to sign such
release in accordance with the terms of such release.  If you breach any of the covenants in Sections 16, 17, 18, 19, or
20 Worldspan shall be entitled immediately to cease all severance and other rights,
privileges, and benefits hereunder, and Worldspan shall also have the right to
institute legal proceedings to prevent your further breach of such covenants
and/or seek the recovery of payments and damages.

 

21.           Miscellaneous.  No
provision of this Agreement may be modified, waived or discharged unless such
waiver, modification or discharge is agreed to in writing signed by you and the
Chief Executive Officer (or such other officer as may be specifically
designated by the Chief Executive Officer or Board of Worldspan).  No waiver by either party hereto at any time
of any breach by the other party hereto of, or compliance with, any condition
or provision of this Agreement to be performed by such other party shall be
deemed a waiver of similar or dissimilar provisions or conditions at the time or
at any prior or subsequent time.  No
agreements or representations, oral

 

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or otherwise, expressed or implied, with respect to the
subject matter hereof have been made by either party which are not set forth
expressly in this Agreement; provided that Worldspan’s terms of employment,
general rules of conduct and policies and procedures as amended from time to
time shall continue to apply to you. 
The validity, interpretation, construction and performance of this
Agreement shall be governed by the laws of the State of Georgia and you
irrevocably consent and submit (for purposes of this Agreement) to the
exclusive jurisdiction of the Courts of the State of Georgia and the United
States Federal Courts sifting in Georgia.

 

22.           Severability.  In the
event that any one or more of the provisions of this Agreement or any word,
phrase, clause, sentence or other portion thereof shall be deemed to be illegal
or unenforceable for any reason, such provision or portion thereof shall be
modified or deleted in such a manner as to make this Agreement as modified
legal and enforceable to the fullest extent permitted under applicable
laws.  The validity and enforceability
of the remaining provisions or portions thereof shall remain in full force and
effect.

 

23.           Counterparts.  This
Agreement may be executed in two or more counterparts, each of which shall take
effect as an original and all of which shall evidence one and the same
Agreement.

 

24.           Employment
Rights.  Nothing expressed or implied in this
Agreement shall create any right or duty on the part of Worldspan or you to
extend this Agreement or to have you continue as an employee of Worldspan.  You or Worldspan may terminate your employment
at any time with or without cause subject to the payment of any severance and
other benefits provided for in this Agreement.

 

25.           Legal
Fees.  In the event (a) Worldspan materially breaches this Agreement
without reasonable justification, (b) you are terminated by Worldspan other
than for Good Cause or Total Disability, or (c) you terminate your employment
for Good Reason, Worldspan shall reimburse you for all legal fees and expenses
reasonably incurred by you in seeking to obtain or enforce any right or benefit
provided by this Agreement and disputed by Worldspan so long as you are
ultimately successful, in any respect, in such enforcement.

 

26.           Definitions.  The
following words and phrases, when used in this Agreement, shall have the
meanings set forth below:

 

(a)           “Affiliate” means a person that directly, or indirectly through
one or more intermediaries, controls, or is controlled by, or is under common
control with, the person specified.

 

(b)           “Airline Served Affiliate” shall mean each Delta, Northwest and
TWA.

 

(c)           “Airline Served Affiliate Agreement” shall mean an agreement
between Worldspan and an Airline Served Affiliate for or involving Internal
Reservations Services and/or Airline Support Services.

 

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(d)           “Airline Support Services” shall mean, excluding CRS Services and
Internal Reservations Services, those services provided to any Airline Served
Affiliate pursuant to an Airline Served Affiliate Agreement and defined as such
therein.

 

(e)           “Back-Office Subscriber Services” shall mean the provision to
subscribers of:  (i) systems for
the collection, storage, processing and display of information concerning the
use of travel-related products and services, including, without limitation,
traveler profile records and travel and entertainment expense control systems;
and (ii) systems for operating, reporting, accounting, financial, management
and other internal functions.

 

(f)            “Change-in-Control’ shall be deemed to
exist either if Affiliates of Delta, Northwest, and/or TWA collectively no
longer hold more than fifty percent (50%)  of the voting interest in Worldspan or if
Worldspan (or a significant portion of the assets of Worldspan) is combined
with another entity of which Affiliates of Delta, Northwest, and/or TWA
collectively do not hold more than fifty percent (50%)  of the voting interests of
the combined entity.  Notwithstanding
any of the foregoing, an IPO of Worldspan shall not constitute a
“Change-in-Control”.

 

(g)           “Control,” “controlled,” and “under common control”
shall each mean the possession, directly or indirectly, of the power, whether
or not exercised, to direct or cause the direction of the management or
policies of any person, whether through ownership of voting securities,
partnership interest, equity, by contract or otherwise.

 

(h)           “CRS
Services” or “CRS” shall mean, excluding Internal Reservations
Services and Airline Support Services, respectively:  (i) the provision of systems for the collection, storage,
processing, display and distribution through communication networks of information
concerning industry alternatives for transportation, lodging and/or other
travel-related products and services of entities which enable subscribers or
users of automatic ticketing machines to: 
(1) reserve or otherwise confirm the use of such products and services;
(2) report or receive payment for or otherwise clear transactions regarding
such products and services; or (3) issue tickets for the acquisition or use of
such products and services; and (ii) any such system.

 

(i)            “Delta” means Delta Air Lines, Inc. and
its successors and assigns.

 

(j)            “EICP” means the Worldspan Executive
Incentive Compensation Program or any other short-term or long-term executive
incentive compensation plan maintained by Worldspan, as amended from time to
time.

 

(k)           “401(k) Plan” means the Worldspan Retirement Savings Plan, as
amended from time to time.

 

(l)            “Forecasted Actual Level” means the level
of the EICP determined by the President and Chief Executive Officer of
Worldspan or the head of the North American division of Worldspan’s successor
based on a good faith projection of year-to-date results to the end of the EICP
period.

 

11

 

(m)          “Good Cause” means a termination by
Worldspan after any of the following: 
(i) you are convicted of, plead guilty to, or confess to any felony or
any act of fraud, misappropriation, embezzlement, or similar criminal act; (ii)
you have engaged in dishonest, unethical or unlawful conduct or activities to
the damage or prejudice of Worldspan or its reputation or in conduct or
activities involving moral turpitude damaging to the property, business or
reputation of Worldspan, or (iii) you materially violate any material provision
in this Agreement, and such violation continues for ten (10) days after written
notice from Worldspan.

 

(n)           “Good Reason” means a termination by you
based on:

 

(i)            A change in your position, duties,
responsibilities, line of reporting, status or title compared with those as of
the date hereof and as increased from time to time (excluding titles with
Worldspan’s Affiliates and excluding acting titles or duties) or any removal of
you from or any failure to re-elect you to such position, in each case except
in connection with the termination of your employment for Good Cause, Total
Disability, or as a result of your death; or

 

(ii)           A reduction by Worldspan in your base salary
(excluding additional cash compensation provided to you for the performance of
acting or similar duties if such reduction is made at the termination of such
duties) as in effect on the date hereof or as the same may be increased from
time-to-time; or

 

(iii)          A failure by Worldspan to continue either the
short-term portion or long-term portion of the EICP, as the same may be
modified from time-to-time, in a form no less favorable than the form as of the
date hereof (except in the event your compensation is increased to offset the
loss or reduction of any EICP benefit), or a failure by Worldspan to continue
you as a participant in the EICP on at least the present basis or to pay you
the amounts which you would be entitled to receive based on Worldspan’s
performance in accordance with the EICP and Section 4(a); or

 

(iv)          Worldspan’s requiring you to be based in a city
more than fifty (50)  miles from the city where you are based
as of the date hereof; provided, this shall not apply to required travel on
Worldspan’s business to an extent reasonably consistent with your present
business travel obligations, or in the event you consent to any such
relocation, the failure by Worldspan to pay (or reimburse you for) the
relocation benefits outlined in Schedule 1; or

 

(v)           The failure by Worldspan to continue in effect,
without comparable replacement or commensurate compensation, the Worldspan
Qualified Plans or the failure by Worldspan to provide you with a substantially
similar number of paid vacation days to which you are then entitled in
accordance with Worldspan’s normal vacation practices in effect on the date
hereof; or

 

12

 

(vi)          A liquidation, dissolution, consolidation or
merger of Worldspan or transfer of all or substantially all of its assets,
unless a successor assumes Worldspan’ s obligations under the Agreement.

 

Notwithstanding
the foregoing and except in the event of a Change-in-Control, the short-term
portion of the EICP for 2003 and subsequent years and the long-term portion of
the EICP for 2003 and subsequent years shall be determined by Worldspan in its
sole discretion.  Any reasonable
difference in the objectives or activators in the EICP from one year to another
shall not constitute a “Good Reason”.

 

(o)           “Health Plan” means the Group Health Plan
for Employees’ of Worldspan, L.P., as amended from time to time.

 

(p)           “Inactive Employee” you will be considered
to be an Inactive Employee if you are terminated as an active employee and you
remain on the Worldspan payroll.

 

(q)           “Internal Reservations Services” shall
mean, excluding CRS Services and Airline Support Services, the provision to any
entity of systems for the collection, storage, processing, display and
distribution of information concerning the travel products or services of such
entity and, incidental therewith, air carriers or other travel suppliers, which
enable such entity or its customers to reserve and otherwise confirm the use of
such products or services, receive payment or otherwise clear transactions for
such products or services and issue tickets for the acquisition or use of such
products or services.

 

(r)            “IPO” means an initial public offering of
Worldspan.

 

(s)           “IPO Date” means the date of the initial
public offering of Worldspan.

 

(t)            “Northwest” means Northwest Airlines,
Inc.  and its successors and assigns.

 

(u)           ‘Pension Plan” means the Worldspan
Employees’ Pension Plan, as amended from time to time.

 

(v)           “Salary” means your annual base salary and
any additional cash compensation provided to you for the performance of acting
or similar duties.

 

(w)          “Termination Date” means (i) if your employment is terminated by
your death, the day of your death, (ii) if your employment is terminated for
Total Disability, ten (10) days after notice of termination is given by
Worldspan (provided that you shall not have returned in the performance of your
duties on a full-time basis during such ten (10) day period), (iii) if your
employment is terminated for Good Cause, the date specified in the notice of
termination, and (iv) if your employment is terminated for any other reason,
the date specified in the notice of termination (which date shall not be earlier
than the date of the notice).

 

13

 

(x)            “Total Disability” is a mental or physical
incapacity that prevents you from performing your normal required services for
a period of six (6) months during any consecutive twelve (12) month period,
unless within ten (10) days after notice of termination is given following such
absence you shall have returned to the. 
satisfactory full-time performance of your duties.

 

(y)           “TWA” means Trans World Airlines and its
successors and assigns.

 

(z)            “Worldspan” means Worldspan, L.P., its
subsidiaries, and any successors to its business and/or assets or which
otherwise become responsible for this Agreement by operation of law or
otherwise.

 

(aa)         “Worldspan’s Qualified Plans” mean the
401(k) Plan, Pension Plan and Health Plan but does not include any other
qualified, nonqualified, disability, or life plan maintained by Worldspan.

 

If this letter
correctly sets forth our agreement on the subject matter hereof, kindly sign
and return to me one copy of this letter within fifteen (15) days of the date
first set forth above, which will then constitute the agreement between
Worldspan and you on this subject.

 

	
  Sincerely,

  
	
   

  
	
  /s/  Paul Blackney

  	
   

  
	
   

  
	
  President and Chief
  Executive Officer

  
	
   

  
	
  Agreed to this 9th day
  of March, 2001

  
	
   

  
	
   

  
	
  /s/  Michael B. Parks

  	
   

  

 

14

 

EXHIBIT A

 

SENIOR VICE
PRESIDENT TRAVEL PRIVILEGE PROGRAM

 

Worldspan is
pleased to welcome you to our Senior Vice President (“SVP”) pleasure travel
privilege program effective July 1, 2000 through June 30, 2001.

 

A.            PROGRAM OUTLINE

 

•              Number
of tickets:  Each SVP may obtain a total of twelve
round-trip confirmed tickets on the three partner airlines for his or her
personal use, of which no more than six can be used on any one airline.  In addition, each eligible family member
(spouse and dependent children as defined by each airline) of a SW may obtain a
total of twelve round-trip confirmed tickets on the three partner airlines, of
which no more than six can be used on any one airline.  If a SVP has no eligible family members
(spouse or dependent children), that person may obtain an additional twelve
round-trip confirmed tickets on the partner airlines, and may select up to two
persons on each carrier to use these twelve round trip tickets; however, no
more than six of these additional tickets may be used on any one airline.

 

•              Class
of Travel:  The SVP, spouse or an adult designated
traveler may travel in first class or coach on domestic flights.  Domestic locations are those determined by
each airline for pleasure travel. 
Dependent children and persons under the age of 21 selected as a
designated traveler must travel in coach both domestically and
internationally.  The SVP, spouse,
dependent children or a designated traveler may travel internationally (as
designated by each carrier) up to six times. 
One of the six trips can be in business class for the SVP, spouse, or an
adult designated traveler.  All other
international travel must be done in coach.

 

•              Ticket
Usage:  Use of these tickets does not require travel with the SVP.

 

•              Travel
Arrangements:  The SVP is responsible for making his or her
own travel arrangements through TRIP MANAGER , using the SVP’ s existing
profile, at the fares bookable for Worldspan business travel and pursuant to
all other terms and conditions of Worldspan business travel (e.g., no denied
boarding compensation, no frequent flyer miles, applicable dress code, conduct,
etc.).  In order to book reservations in
TRIP MANAGER for eligible family
members and/or designated travel companions, it will be necessary to create a
traveler profile for each person. 
Please follow the guidelines in section B on creating a new TRIP MANAGER profile.

 

•              Payment:  The SVP
must use his or her division’s American Express Business Travel Account
(BTA) for purchasing tickets.  Please do
not use your personal credit card or corporate American Express card normally
used for business travel.  No expense
reports will be submitted for this travel.

 

1

 

•              Tracking
Usage:  The SVP is responsible for tracking the applicable travel done by
all eligible participants and must ensure that no one exceeds the authorized
allocation for this time period or violates any other rules.

 

•              Program
Violations:  Violation of any rules related to this
special privilege will result in applicable disciplinary action up to and
including loss of use of this program and termination of employment.

 

•              This
travel is in addition to the pass privileges already extended to Worldspan
employees.

 

•              This
travel privilege should be treated with confidentiality and discretion, like
any other compensation program.

 

•              This
travel privilege is at the discretion of the airlines and Worldspan and may be
canceled at any time by an airline or Worldspan without compensation.

 

Questions
regarding this program should be directed to Paul Sundberg at Ext.  7405. 
Questions related to the purchase of air tickets through TRIP MANAGER, or assistance in creating
a traveler profile should be directed to Barbara Briggs at Ext.  7815.

 

B.            CREATING PROFILES IN WSPTVL

 

In order to create the
new traveler profile for your spouse, dependent children or other designated
travel companion, please follow the steps/instructions noted below:

 

1.             At
the TRIP MANAGER Welcome Screen
type the following:

 

	
  COMPANY NAME:

  	
  WSPTVL

  
	
   

  	
   

  
	
  MEMBER LOGIN:

  	
  WSPAN (Initial creation of the new profile is the
  only time the word WSPAN will be used at the member login box)

  
	
   

  	
   

  
	
  PASSWORD:

  	
  Leave
  blank (this field is left blank upon initial creation of your profile.  Each subsequent access of TRIP MANAGER will require this field
  be populated with the password established when creating the profile)

  

 

2.             Click
on LOG ME IN!

 

The Personal Information
Page will be displayed.  Please complete
this page.  In the Login section of
the page please enter your member ID as your 4-digit numeric payroll
number followed by a dash and two letter number of 01, 02, 03, 04, 05,
etc.  If your employee number is less
than 4-digits, please precede with leading zeros.  (Example:  Employee ID
0099, profiles created for spouse, family members and/or designated travel
companions will be created with 0099-0 1, 0099-02, 0099-03, 0099-04, etc.)

 

2

 

3.             Click
on CONTINUE

 

4.             Click
on FINISH SETTING UP MY PROFILE

 

5.             The
menu that is then displayed is Personal Information, Credit Card Information,
Air Preferences, Car Preferences, Hotel Preferences, Reporting Information,
Travel Settings, Change Password.  Click
on each topic, completing the information then saving.

 

Once the family member
and/or designated travel companion profile is complete you will be ready to
begin booking reservations.

 

3

 

EXHIBIT B

 

OUTLINE OF
RELOCATION BENEFITS

 

•              Tax
Issues

•      WORLDSPAN will
gross up the income (pay the tax obligation) relating to all nondeductible
moving expenses.

 

•              Home
Sale/Buyout Program

•      Corporate
Transfer Service (CTS) coordinates all phases of the home sale/buyout program
and closing.  Please discuss the home sale process
with CTS and review the Home Sale section of the Relocation Guidelines
before listing your home with a real estate broker.

•      Employee
selects two appraisers and an alternate from list provided.

•      Two appraisals
are ordered (and appropriate inspections). 
1f 2 appraisals are within 5%, they will be averaged together for
Appraised Value Offer.  (Otherwise, 3rd
is ordered and offer will be based on average of all three.)

•      60-day
acceptance period of Appraised Value Offer. 
During 60-day period, transferee may continue to market home for higher
price.

 

•              Home
Purchase Assistance

•      Employee is
requested to work with Corporate Transfer Service in the real estate broker/agent
selection process.

•      Reimbursement
of normal and ordinary buyer’s closing costs for your area are covered.  Loan origination fees are limited to one (1)
point, and no mortgage discount points/fees are covered.

 

•              Household
Goods Shipment and Storage of Belongings

•      Insurance,
packing, loading, transit and unpacking of household goods

•      Temporary
storage and insurance charges for up to 30 days, and warehouse handling and
delivery of these household belongings from the storage facility to residence

 

•              Miscellaneous
Allowance

•      $1,000 -
homeowner in old location (If primary residence is sold, otherwise, $500)

•      $500 - renter
in old location.

 

•              Homefinding

•      Expenses will
be reimbursed for up to 6  days (maximum of two trips).

•      2 round-trip
tickets for employee and 2 round-trip tickets for spouse

 

1

 

•              Temporary
Living

•      Expenses will
be reimbursed for up to 60 days (not required to be contiguous).

•      4 round-trip
tickets for employee only while eligible for temporary living benefits.

 

•              Final
Move Expenses or Awaiting Household Goods Delivery

•      Maximum of
4-days expenses will be reimbursed for family’s en route and mileage to new
city and/or awaiting household goods delivery.

•      1 one-way
business ticket is authorized for each eligible family member for the move to
new city.

 

•              Wage
Protection During Relocation

•      Travel
Time:  1 work day only when air
transportation is utilized; or 1 work day for each 450 miles
or major fraction thereof (via most direct AAA route between old and new city)
if automobile
travel is utilized.

•      Time off in
excess of travel time days is subject to approved vacation, personal time off,
etc.

 

2

 

EXHIBIT C

 

PERSONAL AND
CONFIDENTIAL

 

[Date]

 

 

[Name]

[Address]

[City, State, Zip]

 

Dear [Name]:

 

In
view of your termination of employment and in consideration of your execution
of this letter agreement (“Agreement”), Worldspan, L.P.  (“Worldspan”) [or its successor company]
will provide you with the following:

 

1.           Your
last day on the payroll as an inactive employee of Worldspan will be
                                            .

 

2.           Worldspan
will pay you the items specified in Section    of that certain
letter agreement dated    , 1999 between you and Worldspan
(“Letter Agreement”).  You acknowledge
and agree that your eligibility to receive these items is subject to and
contingent upon your keeping of the covenants contained in Paragraphs 4, 5, 6,
and 7 of this Agreement.  In the event
you breach such covenants, Worldspan shall have the right to institute legal
proceedings to prevent your further breach, cease payment of said amounts to
you, seek recovery of any portion of said amounts already paid, and/or seek
recovery of damages as set forth in Paragraph 8.

 

3.           All payroll deductions,
including the Worldspan Retirement Savings Plan deduction, will cease effective
                                            .

 

4.             As you know,
Worldspan provides to customers on a worldwide basis Computer Reservations
System (“CRS”) Services, Back-Office Subscriber Services, and Internal
Reservation Services (collectively, the “Business”) as such terms are or were
defined in the Letter Agreement.  You
acknowledge and agree that in your capacity as Vice President -
                ,
you have gained significant expertise, information and knowledge of Worldspan’s
Business, including, but not limited to, the operation of the Worldspan
systems, Worldspan’s international and domestic plans, the marketing of
Worldspan’s CRS, hosting and other services, Worldspan’s future plans and
strategies, the relationships between Worldspan and its customers.  You agree that in order to adequately
protect the legitimate interests of Worldspan and its successor, it is
essential that any non-compete covenant cover Worldspan’s Business as defined
herein.  In accordance with
Section    of that certain Letter Agreement, you covenant and
agree that you shall not, without Worldspan’s express written consent, while
you are an inactive employee and for a period of twelve (12) months from the
date set forth in Paragraph 1, directly or indirectly render consulting or
advisory services to, or be a proprietor, officer, manager, director, partner
or employee in a decision-making,

 

1

 

policy-setting, marketing
or planning capacity of the following businesses including their affiliates and
successors (if and to the extent that your position with such affiliate or
successor involves or includes activities included in the Business):  System One, Sabre, Galileo, Abacus, Amadeus,
Infini and EDS (only to the extent the EDS activities are similar to Worldspan
Business).  For purposes of this
Section, the term “affiliate” shall not include an airline owner.

 

5.             You
covenant and agree that while you are an inactive employee and for a period of
twelve (12) months following the date set forth in Paragraph 1, you will not,
directly or indirectly, solicit for employment, attempt to employ, or
affirmatively assist any other entity in employing or soliciting for
employment, whether as an employee, consultant or otherwise, any person at the
manager level or above who is employed by or a contractor to Worldspan or any
successor entity.

 

6.             You
covenant and agree while you are an inactive employee and for a period of
twelve (12) months following the date set forth in Paragraph 1, you will not
directly or indirectly use or disclose, except as authorized in writing by
Worldspan, any information about Worldspan, Worldspan’s owners, the airline
affiliates of Worldspan’s owners, or any entity controlled by Worldspan that
you may have or acquire during your employment with Worldspan.  These rights of Worldspan are in addition to
all rights Worldspan has under the common law and under the Georgia Trade
Secrets Act of 1990, as said Act may be amended from time to time, or other
applicable state law, for protection of trade secrets.

 

7.             You
covenant and agree that you will not, while you are an inactive employee and
for a period of twelve (12) months after the date set forth in Paragraph 1,
take any action or make any statement that disparages or criticizes Worldspan,
any of its affiliates or its successors. 
Worldspan agrees that it will not, while you are an inactive employee
and for a period of twelve (12) months after the date set forth in Paragraph 1,
take any action or make any statement that disparages or criticizes you.

 

8.             Paragraphs
4, 5, 6, 7and 9 are separate and independent covenants, and the invalidity or
unenforceability of one or more of these provisions or covenants shall not
affect the validity or enforceability of the remaining provisions or of the
other covenants of this Agreement. 
Further, if any provision of paragraphs 4, 5, 6, 7 or 9 is construed to
be in violation of any law, such provision shall be modified to achieve the
objectives of the applicable covenant to the maximum extent permitted by
law.  You agree that Worldspan will or
would suffer irreparable injury if you were to breach any of the provisions of
Paragraphs 4, 5,  6, 7 or 9 and that in the event of such violation,
Worldspan shall (in addition to all other rights and remedies available to it)
be entitled to an injunction restraining you from such breach and/or specific
performance of Paragraphs 4, 5, 6, or 7.

 

9.             In
consideration of all of the foregoing, you have agreed as follows:

 

A.            Except for a claim based on a breach of this
Agreement by Worldspan, you irrevocably and unconditionally settle, waive,
release, acquit and discharge any and all claims, demands, actions or causes of
action, known

 

2

 

or
unknown, which you have against Worldspan, its partners, affiliates,
subsidiaries, directors, officers, agents and employees and you covenant not to
sue Worldspan, its partners, affiliates, subsidiaries, directors, officers,
agents and employees with respect to such claims, demands, actions or causes of
action.  You recognize that you are
giving up all claims, demands, actions and causes of action, which you now may
have, whether known or unknown, and whether specifically mentioned or not.  You specifically waive any claim or right to
assert that any cause of action or alleged cause of action or claim has been,
through oversight or error, intentionally or unintentionally omitted from this
Agreement.  You waive any right to seek
reinstatement or re-employment with Worldspan.

 

B.            You expressly acknowledge and agree that the
items referenced in Paragraph 2 above include consideration for the settlement,
waiver, release and discharge of and covenant not to sue with respect to any
and all claims or actions arising from your employment, or the terms and
conditions of your employment, including claims arising under the Fair Labor
Standards Act; claims of employment discrimination arising under Title VII of
the Civil Rights Act of 1964, as amended by the Civil Rights Act of 1991, the
Americans with Disabilities Act, or the Age Discrimination in Employment Act of
1967, as amended by the Older Workers Benefit Protection Act, wrongful
termination or any claim arising under express or implied contract, tort,
public policy, common law or any federal, state or local statute, ordinance,
regulation or constitutional provision.

 

C.            You acknowledge that this Agreement is being entered
into as a settlement and compromise of any claims and is not to be construed in
any manner as an admission of any liability on the part of Worldspan.

 

D.            You acknowledge that the only consideration for
signing this Agreement and all that you are ever to receive from Worldspan are
the terms stated herein and in the Letter Agreement, and that no other promises
or agreements of any kind have been made to you or with you by any person or
entity whatsoever to cause you to sign this Agreement.

 

E.             You covenant and agree not to divulge the terms
of this Agreement to anyone except your attorney, financial advisors,
accountant or your spouse, children, siblings, or parents.  To the extent that you do divulge the terms of
the Agreement to any such person, you will advise them that they must not
divulge the terms of this Agreement. 
This is a material provision of this Agreement.

 

In
the event this covenant of confidentiality is proven to have been breached by
you, Worldspan may seek all appropriate remedies.  You do hereby further agree to indemnify and save Worldspan
harmless from its costs, including attorney fees, necessitated by any breach by
you of this covenant of confidentiality.

 

3

 

F.             You acknowledge that you have read and fully
understand all of the provisions of this Agreement and are entering into this
Agreement freely and voluntarily.  You
have been and are hereby advised to consult with an attorney prior to signing.  You acknowledge that you have been provided
a period of at least twenty-one (21) days within which to consider this
Agreement and consult with counsel and that if you have signed this Agreement
before the expiration of said twenty-one (21) day period that you have done so
knowingly and voluntarily.  In the event
you do not sign this Agreement upon or before the expiration of said twenty-one
(21) day period, the terms of this Agreement shall automatically
terminate.  You hereby acknowledge that,
for a period of seven (7) days following the date of execution of this
Agreement, you may revoke the Agreement and that this Agreement will not be
effective or enforceable until the revocation period expires.  You agree and understand that any revocation
shall be submitted to Worldspan in writing and accompanied by return of any
portion of the amount referenced in Paragraph 2 and any other consideration
that you may have received from Worldspan with respect to this Agreement.

 

G.            This release does not affect your rights to
vested benefits under the Worldspan Retirement Savings Plan or the Worldspan
Employees’ Pension Plan.

 

10.           This
Agreement has been entered into in, and shall be governed by and construed
under the laws of, the State of Georgia. 
Worldspan and you consent to the exclusive jurisdiction of any local,
state or federal court located within the State of Georgia, and waive any
objection relating to improper venue or forum non conveniens to the conduct of
any proceeding in any such court.

 

11.           This
Agreement and the Letter Agreement constitute the entire agreement between you
and Worldspan and supersedes any oral communications, agreements and
understandings between you and Worldspan.

 

If this Agreement
accurately reflects our understanding, please sign the enclosed copy in the
space provided and return the same to me.

 

	
  Sincerely,

  
	
   

  
	
   

  
	
  Read,
  Acknowledged and Agreed to this
             day
  of       , 2001.

  
	
   

  
	
   

  
	
   

  	
   

  
	
  Signature

  

 

4

 

March 13, 2001

 

 

Mr. Mike Parks

Senior Vice President
& General Manager

Worldwide Travel
Distribution

1806/HDQ

 

Dear Mike:

 

This letter confirms that, notwithstanding your new employment
agreement dated February 20, 2001, the travel program we made available to
you pursuant to our original arrangement remains intact.  A copy of that program is attached hereto as
Exhibit A.

 

	
  Regards,

  
	
   

  
	
  /s/ Douglas L. Abramson

  	
   

  
	
   

  
	
  DLA/bd

  
	
   

  
	
  Enc.

  

 

 

Exhibit A

 

March 20, 2000

 

 

Mr. Michael B. Parks

21 Palace Gate

Apt. #3

London, W8 5LS

United Kingdom

 

Dear Mike:

 

Attached is a description of the pleasure travel program that you will
receive upon your employment with WORLDSPAN.

 

I look forward to your joining the WORLDSPAN team.

 

	
  Very truly yours,

  
	
   

  
	
  /s/ Paul J. Blackney

  	
   

  
	
   

  
	
  PJB/bd

  
	
   

  
	
  Enc.

  

 

 

TRAVEL PROGRAM FOR MIKE
PARKS

 

The following travel program is effective as of the start of your
employment with WORLDSPAN and will continue until your termination of
employment, subject to changes that need to be made due to requests of the
involved airlines or to changes in WORLDSPAN’s policies.

 

•              You
and each eligible family member (spouse and dependent children) may obtain
confirmed tickets on each partner airline as set forth below.  If you have no eligible family members, a
traveler(s) designated by you will be entitled to the same privileges a spouse
would have been entitled to, subject to the terms specified below.

 

•              You
or your family member (or designated traveler, if applicable) may travel on an
unlimited basis in first or coach class (in each case, subject to availability)
on domestic flights of the three owner carriers.  You or your family member (or designated traveler, if applicable)
may also travel on up to eight first or coach class (or business class if first
class is not offered, and in each case, subject to seat availability)
international flights of each of the three owner carriers.  Domestic and international locations are
those determined by each airline for pleasure travel, and can vary from carrier
to carrier.

 

•              Travel
under this program by a designated companion does not require travel with
you.  You may name one designated
traveler for each owner airline, and you may designate one different person for
each airline.  The person is designated
for all privileges from that airline (i.e., you may not designate one person
for U.S.  privileges and another for
international privileges).  You may
change the designated traveler for each airline, but when you make a
designation for an airline, you may not change the designation before twelve
months have elapsed.

 

•              You
are responsible for making your and your fellow traveler’s travel arrangements
through Trip Manager at the fares bookable for WORLDSPAN business travel, and
pursuant to all other terms and conditions of WORLD SPAN business travel (e.g.,
no denied boarding compensation, no frequent flyer miles, applicable dress
code, conduct, etc.).  Other rules and
conditions may be imposed from time to time to this program by the applicable
airlines or by WORLDSPAN.

 

•              You
are responsible for tracking the applicable travel done by all eligible participants
and must ensure that no one exceeds their authorized allocation or violates any
other rules.

 

•              In
addition to the above program, WORLDSPAN will use best efforts to obtain for
you each year twelve “Family and Friends” passes on Delta and six “EEE” passes
on TWA.  WORLDSPAN will also use best
efforts to obtain similar passes on Northwest if Northwest elects to offer a
comparable program.

 

•              This
travel is in addition to the pass privileges already extended to WORLDSPAN
employees.

 

This travel privilege
should be treated with confidentiality and discretion both within WORLDSPANExhibit
10.20

EMPLOYMENT AGREEMENT

 

This Employment Agreement
is dated as of August 29, 2003 (the “Agreement”), and is between Worldspan,
L.P., a limited partnership organized and existing under the laws of Delaware
(the “Company”),
Travel Transaction Processing Corporation, a corporation organized and existing
under the laws of Delaware (“Holding”), and Susan J. Powers (the “Executive”).

W  I  T  N  E  S
S  E  T  H :

WHEREAS, Executive is currently serving as a senior
vice president of the Company;

WHEREAS, Executive and the Company are parties to the
Revised Key Management Retention Program agreement dated February 20, 2001 as
revised on February 18, 2003, February 26, 2003 and July 3, 2003 (the “Old
Agreements”);

WHEREAS, Holding (together with its subsidiaries) acquired
the Company on June 30, 2003 in a transaction that constituted a
“change-in-control” under the Old Agreements;

WHEREAS, simultaneously with the execution of this
Agreement, Executive is acquiring an equity interest in Holding;

WHEREAS, Holding, the Company and Executive desire for
Executive to continue on the management team of the Company, in each case, on
the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the premises and
mutual covenants herein contained, it is hereby agreed by and between Holding,
the Company and the Executive as follows:

1.     Agreement to Employ; No Conflicts.  Upon the terms and subject to the conditions
of this Agreement, the Company hereby agrees to continue to employ the
Executive, and the Executive hereby agrees to continue as an employee of the
Company, in each case, as of January 1, 2004 (the “Effective Date”).  Upon the execution of this Agreement by
Executive and Company, neither party may rescind its agreement to be bound
hereby.  The Executive represents that (i)
she is entering into this Agreement voluntarily and that her employment
hereunder and compliance with the terms and conditions hereof will not conflict
with or result in the breach by her of any agreement to which she is a party or
by which she may be bound, (ii) she has not violated, and in connection
with her employment with the Company will not violate, any non-solicitation,
non-competition or other similar covenant or agreement by which she is or may
be bound and (iii) in connection with her employment with the Company
she will not use any confidential or proprietary information she may have
obtained in connection with employment with any prior employer.

 

2.     Term; Positions and Responsibilities.  (a)  Term.  Unless the Executive’s employment shall
sooner terminate pursuant to Section 7, the Company shall employ the Executive
hereunder for a term commencing on the Effective Date, and continuing until the
second anniversary of the Effective Date. 
Thereafter, the term of employment under this Agreement will
automatically renew for successive and consecutive one year periods following
the end of its initial term and any extended term, unless the Company or the
Executive gives the other party written notice at least 90 days prior to the
date the term hereof would otherwise renew that it or she does not want the
term to be so extended.  The period
during which the Executive is employed pursuant to this Agreement shall be
referred to as the “Employment Period.”

(b)   Position and Responsibilities.  During the Employment Period, the Executive
shall serve as a senior vice president of the Company or in a comparably titled
position.  The Executive shall have such
duties and responsibilities as are customarily assigned to individuals serving
in such position, and such other duties consistent with the Executive’s title
and position as the Company specifies from time to time.

(c)   Business Time.  During the Employment Period, the Executive
agrees to devote her full attention during normal business hours to the
business and affairs of the Company and to use her best efforts to perform
faithfully and efficiently the responsibilities assigned to her hereunder, to
the extent necessary to discharge such responsibilities, except for periods of
vacation, sick leave and other time off to which she is entitled and other
activities specifically approved by the Company.

3.     Compensation. 
(a)  Base Salary.  As compensation for the services to be
performed by the Executive during the Employment Period, the Company shall pay
the Executive a base salary at the annualized rate as in effect on the date
hereof, payable in installments on the Company’s regular payroll dates (but no
less frequently than monthly); provided, however, that such base salary shall
be subject to decrease in accordance with broad-based employee salary reduction
programs instituted by the Company from time to time.  Holding’s Board (the “Board”) shall review the Executive’s base
salary annually during the Employment Period and, in its sole discretion, may
increase such base salary from time to time. 
The annual base salary payable to the Executive under this Section 3(a),
as the same may be decreased or increased from time to time, shall hereinafter
be referred to as the “Base Salary.”

(b)   Performance Bonus.  During the Employment Period, in addition to
the Base Salary, the Executive shall be eligible to participate in performance
bonus plans that the Company provides to other senior executives from time to
time.

4.     Equity Arrangements. 
On the Effective Date, the Executive is acquiring equity securities of
Holding on the terms and conditions set forth in (i) the terms of the
Holding stock incentive plan adopted on June 30, 2003 (as amended from time to
time, the “Stock Incentive Plan”), (ii) a restricted stock
subscription agreement to be entered into by the Executive and Holding, (iii)
the stockholders’ agreement (as amended from time to time, the “Stockholders
Agreement”) entered into on June 30, 2003 by Citigroup Venture
Capital Equity Partners, L.P., a limited partnership organized under the laws
of Delaware (“CVC”), 

 

2

 

Ontario Teachers’ Pension Plan Board, a corporation
without share capital organized under the laws of Ontario, Canada (“OTPP”),
and certain other stockholders and (iv) a registration rights agreement
entered into on June 30, 2003 by Holding, CVC, OTPP, and certain stockholders
of Holding, as it may be amended from time to time.  Copies of such agreements have been provided to the Executive.

5.     Employee Benefits. 
During the Employment Period, the Executive (and, to the extent
applicable, her eligible family members and dependents) shall be eligible to
participate in or be covered under all medical, dental, hospitalization, group
life insurance, short term disability, long term disability, and other employee
welfare benefit plans that the Company provides to all of its United States
senior executives (collectively, “Group Insurance Plans”).  The Executive shall also be eligible to participate
in any qualified and non-qualified pension plans and deferred compensation
plans that the Company provides to all of its United States senior executives
(or be provided benefits equivalent to what she would receive under such
plans); provided, however, that the Executive shall not be entitled to
participate in the Worldspan Employees’ Pension Plan except as expressly
permitted thereunder.

6.     Perquisites and Expenses.  (a)  General.  During the Employment Period, the Executive
shall be eligible to participate in any special benefit or perquisite program
provided by the Company (not including any such benefits or perquisites which
are available to employees solely as a result of their prior employment with
Delta Airlines, Northwest Airlines or TWA) available from time to time to all
of the United States senior executives of the Company on the terms and
conditions then prevailing under such program.

(b)   Business Travel, Lodging, etc.  The Company shall reimburse the Executive
for reasonable travel, lodging, meals, business-related entertainment, and
other reasonable expenses incurred by her in connection with her performance of
services hereunder, upon submission of evidence, satisfactory to the Company,
of the incurrence and purpose of each such expense and otherwise in accordance
with the Company’s expense substantiation policy applicable to its United
States senior executives (including any policy applicable to United States
employees in general) as in effect from time to time (the “Expense Policy”).

(c)   Vacation.  During the Employment Period, the Executive shall be entitled to
paid vacation and sick leave in accordance with the Company’s policies for its
senior executives (including any policies applicable to United States employees
in general) as in effect from time to time.

7.     Termination. 
(a)  Death and Disability.  Executive’s employment shall terminate
automatically upon the Executive’s death and may be terminated by the Company
following the Executive’s Disability. 
For purposes of this Agreement, “Disability” shall mean any physical or
mental ailment or incapacity, as determined in good faith by a licensed
physician designated by the Company, which (i) constitutes a long-term
disability under the Company’s long-term disability policies or (ii)
which is expected to be permanent.

(b)   Termination by the Company.  The Company may terminate the Executive’s
employment with or without Cause.  For
purposes of this Agreement, “Cause” means (i) the Executive’s
conviction of a felony involving moral turpitude that results in harm to the 

 

3

 

Company or its affiliates, (ii) a judicial
determination that the Executive committed fraud, misappropriation, or
embezzlement against any Person, or (iii) the Executive’s breach of any
terms of this Agreement or willful or gross and repeated neglect or misconduct
in the performance of her duties under Section 2(b) hereof, provided that in
the case of the preceding clause (iii), the Company shall first have given the
Executive written notice identifying the Executive’s breach, neglect or
misconduct, and the Executive shall have failed to satisfactorily cure (as
determined in good faith by the Company) such breach, neglect, or misconduct
within 15 days after receiving such written notice from the Company.

(c)   Termination by Executive.  The Executive may terminate her employment
at any time with or without Good Reason. 
For purposes of this Agreement, “Good Reason” means any of the following
actions by the Company without the Executive’s written consent:

(A)          The
failure by the Company or Holding to elect the Executive to the position set
forth in the first sentence of Section 2(b) or the removal of the Executive
from any such position;

(B)           A
reduction in the Executive’s Base Salary or Performance Bonus opportunity
(other than as provided in Section 3); or

(C)           The
failure of the Company to obtain the assumption in writing of its obligation to
perform this Agreement by any successor as contemplated by Section 10(b);

provided that the Executive shall have first delivered
a written notice to the Company of her intention to terminate her employment
for Good Reason within 30 days of having actual knowledge of such act or acts
or failure or failures to act and such notice stating in detail the particular
act or acts or failure or failures to act that constitute the grounds on which
the proposed termination for Good Reason is based, and the Company shall have
failed to cure such breach, act, failure or conduct within 30 days after receiving
such written notice from the Executive.

(d)   Notice of Termination.  Any termination of Executive’s employment by
the Company for Cause or without Cause and any termination by the Executive for
Good Reason or without Good Reason shall be communicated by written notice (a “Notice of
Termination”) given in accordance with Section 11(e) hereof
specifying the applicable termination provision in this Agreement relied upon.

(e)   Date of Termination.  For the purpose of this Agreement, the term
“Date
of Termination” means (i) in the case of a termination
for which a Notice of Termination is required, the date specified in such
Notice of Termination (or, if later, the expiration of any applicable cure or
notice period) and (ii) in all other cases, the actual date on which the
Executive’s employment terminates during the Employment Period.

(f)    Resignation upon Termination.  Effective as of any Date of Termination
under this Section 7 or as of such earlier date as the Company may request
following the receipt or delivery of a Notice of Termination, the Executive
shall resign, in writing, from all positions then held by her with Holding, the
Company and their subsidiaries, and hereby authorizes the 

 

4

 

Company to execute on her behalf any and all
instruments of resignation necessary to effect the foregoing.

8.     Obligations of the Company upon Termination.  (a)  General.  If the Executive’s employment is terminated
for any reason during the Employment Period, the Executive shall be entitled to
receive (i) the Executive’s full Base Salary earned and accrued through
the Date of Termination (the “Earned Salary”) and (ii) any
vested amounts or benefits owing to the Executive under or in accordance with
the terms and conditions of this Agreement and the Company’s otherwise
applicable employee benefit plans and programs, including any compensation
previously deferred by the Executive (together with any accrued earnings
thereon) and not yet paid by the Company and any accrued vacation pay not yet
paid by the Company (the “Accrued Obligations”).  Any Earned Salary shall be paid in cash in a
single lump sum as soon as practicable, but in no event more than 30 days,
following the Date of Termination (or at such earlier date required by law) and
Accrued Obligations shall be paid in accordance with the terms of this
Agreement and the applicable plan, program or arrangement.

(b)   Death or Disability.  If the Executive’s employment is terminated
during the Employment Period by reason of the Executive’s death or Disability,
the Executive (or the Executive’s beneficiaries or legal representatives under
this Agreement) shall, in addition to the amounts provided in Section 8(a), be
entitled to receive (i) any benefits payable due to the Executive’s
death or Disability under this Agreement and the Company’s plans, policies or
programs (the “Additional Benefits”), (ii) a
pro-rata portion of any performance bonus or similar incentive compensation
arrangement in effect on the Date of Termination (the “Prorated Performance Bonus”)
equal to the target bonus for the year in which the Executive’s Employment is
terminated (the “Partial Year”) multiplied by a
fraction, the numerator of which is equal to the number of days the Executive
was employed by the Company during the Partial Year and the denominator of
which is 365, and (iii) but without duplication, continued participation
in the Group Insurance Plans on the same terms as such plans are being provided
to all of the Company’s United States senior executives for a period of 18
months (or such longer period as is provided in such plans) following the Date
of Termination for the Executive, her spouse and her dependents, as
applicable.  Additional Benefits shall
be paid in accordance with the terms of this Agreement and the applicable plan,
policy or program.  The Prorated
Performance Bonus shall be paid in cash in a single lump sum as soon as
practicable, but in no event more than 30 days following the Date of Termination
(or at such earlier date required by law).

(c)   Termination by the Company other than for
Cause or by the Executive for Good Reason. 
Subject to the provisions of Section 8(e), if, during the Employment
Period, the Company terminates the Executive’s employment other than for Cause
or the Executive terminates her employment for Good Reason (each such
termination an “Involuntary Termination”), the
Executive shall, in addition to the amounts provided in Section 8(a), be
entitled to receive (i) continuation of the Executive’s Base Salary in
effect at the Date of Termination (the “Continued Salary”) for a period
beginning on the Date of Termination and ending 18 months later (the “Continuation
Period”); and (ii) continued participation in the group
life insurance and group medical and dental plans for the Executive, her spouse
and her dependents, as applicable, on the same terms as such plans are being
provided to all of 

 

5

 

the Company’s United States senior executives during
the Continuation Period (or such longer period as is provided in such plans)
and subject to the payment of the applicable monthly premiums paid by active
senior executives for the same coverage.

The Continued Salary shall be payable in accordance
with Section 3(a) as if the Executive remained a senior executive of the
Company, or at the Company’s discretion, may be paid in a single lump sum not
more than thirty days following the Date of Termination.

(d)   Termination Following a Change of Control.

(i)           Subject
to the provisions of Section 8(e), if, during the Employment Period there is a
Change of Control (as defined below), and the Executive incurs an Involuntary
Termination prior to the first anniversary of a Change in Control, the
Executive shall, in addition to the amounts provided in Section 8(a), but in
lieu of any other payments she may otherwise be entitled to under Section 8 of
this Agreement, be entitled to receive (i) the Prorated Performance
Bonus, (ii) a cash amount equal to one and one half (1.5) times the sum
of (A) the Executive’s Base Salary in effect on the Date of Termination
and (B) the Incentive Bonus, if any, paid in the year immediately
preceding the year in which the Date of Termination occurs (the aggregate
amount being the “Severance Payment”), and (iii)
continued participation in the group life insurance and group medical and
dental plans on the same terms as such plans are being provided to all of the
Company’s United States senior executives during the Continuation Period (or
such longer period as is provided in such plans) for the Executive, her spouse,
and her dependents, as applicable and subject to the payment of the applicable
monthly premiums paid by active senior executives for the same coverage.

Any Prorated
Performance Bonus shall be paid in cash in a single lump sum as soon as
practicable, but in no event more than 14 days following the Date of
Termination (or at such earlier date required by law).  The Severance Payment shall be paid within
14 days of the Date of Termination.

(ii)          For
purposes of this Agreement, a “Change of Control” shall be deemed to
have occurred if:

(A)          any
person (within the meaning of Section 3(a)(9) of the Securities Exchange Act of
1934, as amended (the “Exchange Act”)), other than CVC, OTPP,
or any of their Affiliates or Qualified Transferees (as such terms are defined
in the Stockholders Agreement), including any group (within the meaning of Rule
13d-5(b) under the Exchange Act)), acquires “beneficial ownership” (within the
meaning of Rule 13d-3 under the Exchange Act), directly or indirectly, of
securities of Holding representing more than 50% of the combined Voting Power
(as defined below) of Holding’s securities;

(B)           at any time
after an initial public offering of the common stock of Holding, a majority of
the members of the Board or of the board of 

 

6

 

directors of any successor
to Holding are not “Continuing Directors” where “Continuing Director” means, as of any date of
determination, any member of the Board or of the board of such successor who
(x) was a member of the Board or such successor board 24 months prior to the
date of determination; (y) was nominated for election or elected to the Board
or such successor board with the approval of a majority of the Continuing Directors
in office at the time of such nomination or election; or (z) was designated to
serve on the Board or such successor board by CVC or OTPP pursuant to the
Stockholder’s Agreement;

(C)           the
stockholders of Holding, if at the time in question Holding is a stock company,
approve a merger, consolidation, share exchange, division, sale or other
disposition of all or substantially all of the assets of Holding (a “Corporate
Event”), and immediately following the consummation of which the
stockholders of Holding immediately prior to such Corporate Event do not hold,
directly or indirectly, a majority of the Voting Power of (x) in the
case of a merger or consolidation, the surviving or resulting corporation, (y)
in the case of a share exchange, the acquiring corporation or (z) in the
case of a division or a sale or other disposition of assets, each surviving,
resulting or acquiring corporation which, immediately following the relevant
Corporate Event, holds more than 50% of the consolidated assets of Holding immediately
prior to such Corporate Event; or

(D)          any
other event occurs which the Board declares to be a Change of Control.

Notwithstanding
the foregoing, a Change of Control shall not be deemed to have occurred (a)
merely as a result of an underwritten offering of the equity securities of
Holding where no Person (including any group (within the meaning of Rule
13d-5(b) under the Exchange Act)) acquires more than 50% of the beneficial
ownership interests in such securities.

For purposes of
this Section 8(d)(ii), a specified percentage of “Voting Power” of a
company shall mean such number of the Voting Securities as shall enable the
holders thereof to cast such percentage of all the votes which could be cast in
an annual election of directors and “Voting Securities” shall mean all
securities of a company entitling the holders thereof to vote in an annual
election of directors.

(e)   Release.  The Executive’s receipt of the benefits described in Sections
8(c) and 8(d) is conditioned on the Executive first executing and delivering to
the Company a general release of all claims against the Company in
substantially the form attached hereto as Exhibit A.  The Company’s obligation to make any of the payments and extended
benefits described in Sections 8(c) or 8(d) that are in addition to the
payments provided in Section 8(a) shall immediately cease, and the Executive
shall immediately return any such post-termination payments from the Company
should the Company determine in good faith that the Executive 

 

7

 

has materially violated the confidentiality, ownership
of developments, non-competition, or non-solicitation provisions contained in
Section 9 of this Agreement.

(f)    Discharge of the Company’s Obligations.  The amounts payable to the Executive
pursuant to this Section 8 following termination of her employment shall be in
full and complete satisfaction of the Executive’s rights under this Agreement
and any other claims she may have in respect of her employment by Holding or
the Company or any of their affiliates, other than rights arising under any
other agreement, plan, program or arrangement to which the Executive is a party
or is covered, including but not limited to those referred to in Section 4 of
this Agreement.  Such amounts shall
constitute liquidated damages with respect to any and all such rights and
claims based on provisions of this Agreement and the Executive’s employment
with the Company and, upon the Executive’s receipt of such amounts, the Company
shall be fully released and discharged from any and all liability to the
Executive in connection with this Agreement or otherwise in connection with the
Executive’s employment with the Company and its subsidiaries, other than as
excepted above.

9.     Restrictive Covenants. 
(a)  Confidentiality.  In view of the fact that the Executive’s
work for the Company will bring her into close contact with many confidential
affairs of the Company, information not readily available to the public, and
also the Company’s plans for further developments and activities, the Executive
agrees during the Employment Period and thereafter to keep and retain in the
strictest confidence all confidential matters (“Confidential Information”)
of the Company and its affiliates, including, but not limited to, “know how,”
financial information or plans; track records and other performance data; sales
and marketing information or plans; business or strategic plans; salary, bonus
or other personnel information; information concerning new or potential products
or markets; information concerning new or potential investors, customers,
clients or shareholders; trade secrets; pricing policies; operational methods;
technical processes; computer code; formulae, inventions and research projects;
and other business affairs of the Company and its affiliates, that the
Executive may develop or learn in the course of her employment, and not to
disclose them to anyone outside of the Company, either during or after her
employment with the Company, except (A) in good faith, in the course of
performing her duties under this Agreement, (B) with the Company’s
express written consent (it being understood that Confidential Information
shall not be deemed to include any information that is publicly disclosed by
the Company) or (C) to the extent disclosure is compelled by a court of
competent jurisdiction, arbitrator, agency or other tribunal or investigative
body in accordance with any applicable statute, rule or regulation (but only to
the extent any such disclosure is compelled, and no further).  On the occasion of the Executive’s
termination as an employee of the Company, or at any time the Company may so
request, the Executive will return to the Company all tangible embodiments (in
whatever medium) relating to Confidential Information that she may then possess
or have under her control.

(b)   Ownership of Developments.  The Executive agrees that the Company shall
own all right, title and interest (including patent rights, copyrights, trade
secret rights, mask work rights and other rights throughout the world) in any
inventions, works of authorship, mask works, ideas or information made or
conceived or reduced to practice, in whole or in part, by the Executive (either
alone or with others) during the Employment Period 

 

8

 

(collectively “Developments”); provided that the
Company shall not own Developments for which no equipment, supplies, facility
or Confidential Information of the Company was used, and which were developed
entirely on the Executive’s time and do not relate to the business of the
Company.  Subject to the foregoing, the
Executive will promptly and fully disclose to the Company, or any persons
designated by it, any and all Developments made or conceived or reduced to practice
or learned by the Executive, either alone or jointly with others during the
Employment Period.  The Executive hereby
assigns all right, title and interest in and to any and all of these
Developments to the Company.  The
Executive shall further assist the Company, at the Company’s expense, to
further evidence, record and perfect such assignments, and to perfect, obtain,
maintain, enforce, and defend any rights specified to be so owned or
assigned.  The Executive hereby
irrevocably designates and appoints the Company and its agents as
attorneys-in-fact to act for and on the Executive’s behalf to execute and file
any document and to do all other lawfully permitted acts to further the
purposes of the foregoing with the same legal force and effect as if executed
by the Executive.  In addition, and not
in contravention of any of the foregoing, the Executive acknowledges that all
original works of authorship which are made by her (solely or jointly with
others) within the scope of the employment relationship and which are
protectable by copyright are “works made for hire,” as that term is defined in
the United States Copyright Act (17 USCA, § 101).

(c)   Non-Competition.  During the Employment Period and the
Continuation Period, the Executive shall not, except with the prior written
consent of the Board, directly or indirectly, own any interest in, operate,
join, control or participate as a partner, director, principal, officer, or
agent of, enter into the employment of, act as a consultant to, or perform any
services for any entity listed on Appendix A or any affiliate or successor
thereof or any other entities as the Company and the Executive shall agree from
time to time.

(d)   Non-Solicitation of Employees.  During the Employment Period and the
Continuation Period, the Executive shall not, directly or indirectly, for the
Executive’s own account or for the account of any other natural person, firm,
partnership, limited liability company, association, corporation, company,
trust, business trust, governmental authority or other entity (each, a “Person”)
in any jurisdiction in which the Company or any of its affiliates has commenced
or has made plans to commence operations during the Employment Period, (i)
solicit for employment, employ, engage to perform services or otherwise
interfere with the relationship of the Company or any of its affiliates with
any natural person throughout the world who is or was employed by or otherwise
engaged to perform services for the Company or any of its affiliates at any
time during the Employment Period (in the case of any such activity during such
time) or during the twelve-month period preceding such solicitation, employment
or interference (in the case of any such activity after the Date of Termination
or otherwise as of the date of Executive’s termination of employment with
Company), other than any such solicitation or employment on behalf of the
Company or any of its affiliates during the Employment Period, or (ii)
induce any employee of the Company or any of its affiliates who is a member of
management to engage in any activity which the Executive is prohibited from
engaging in under any of the paragraphs of this Section 9 or to terminate his
or her employment with the Company.

 

9

 

(e)   Non-Disparagement.  During the Employment Period and the
Continuation Period, the Executive shall not take any action or make any
statement that disparages or criticizes Company or any of its affiliates.

(f)    Injunctive Relief with Respect to
Covenants; Certain Acknowledgements and Agreements.

(i)           The
Executive acknowledges and agrees that the covenants and obligations of the
Executive with respect to confidentiality, ownership of developments,
non-competition, non-disparagement, and non-solicitation relate to special,
unique, and extraordinary matter and that a violation of any of the terms of
such covenants and obligations will cause the Company irreparable injury for
which adequate remedies are not available at law.  Therefore, the Executive agrees that the Company shall be
entitled to an injunction, restraining order, or such other equitable relief
(without the requirement to post bond) as a court of competent jurisdiction may
deem necessary or appropriate to restrain the Executive from committing any violation
of the covenants and obligations referred to in this Section 9.  These injunctive remedies are cumulative and
in addition to any other rights and remedies the Company may have at law or in
equity.

(ii)          If
any court of competent jurisdiction shall at any time determine that, but for
the provisions of this paragraph, any part of this Agreement is illegal, void
as against public policy or otherwise unenforceable, the relevant part will
automatically be amended to the extent necessary to make it sufficiently narrow
in scope, time and geographic area to be legally enforceable.  All other terms will remain in full force
and effect.

(iii)         The
Executive acknowledges and agrees that the Executive will have a prominent role
in the management of the business, and the development of the goodwill, of the
Company and its affiliates and will establish and develop relations and
contacts with the principal customers and suppliers of the Company and its
affiliates in the United States of America and the rest of the world, all of
which constitute valuable goodwill of, and could be used by the Executive to
harm, the Company and its affiliates and that (i) in the course of her
employment with the Company, the Executive will obtain Confidential Information
that could be used to compete unfairly with the Company and its affiliates, (ii)
the covenants and restrictions contained in Section 9 are intended to protect
the legitimate interests of the Company and its affiliates in their respective
goodwill, trade secrets and other confidential and proprietary information, (iii)
the Executive desires to be bound by such covenants and restrictions, and (iv)
the Executive represents that her economic means and circumstances are such
that the provisions of this Agreement, including the restrictive covenants in
Section 9, will not prevent her from providing for himself and her family on a
basis satisfactory to her and them.

10.   Successors.  (a)  This Agreement is
personal to the Executive and, without the prior written consent of the Company,
shall not be assignable by the Executive otherwise than by will or the laws of
descent and distribution.  This
Agreement shall inure to the benefit of and be enforceable by the Executive’s
legal representatives.

 

10

 

(b)   This Agreement shall inure to the benefit of
and be binding upon Holding, the Company and its successors, including any
successor to all or substantially all of the business and/or assets of the
Company, whether direct or indirect, by purchase, merger, consolidation,
acquisition of ownership interests, or otherwise.  The Company shall require any such successor to expressly
acknowledge and agree in writing to assume the Company’s obligations hereunder

11.   Miscellaneous.  (a)  Applicable
Law and Jurisdiction.  This
Agreement shall be governed by and construed in accordance with the laws of the
State of Georgia, applied without reference to principles of conflict of
laws.  Subject to Section 11(b), in any
action or proceeding brought with respect to or in connection with this
Agreement, the Company and the Executive both hereby irrevocably agree to
submit to the jurisdiction and venue of the courts of the State of Georgia, and
both parties consent to receive service of process in the State of
Georgia.  Subject to Section 11(b), the
Company and the Executive both agree that any action or proceeding in
connection with this Agreement shall be brought exclusively in a United States
court located in the State of Georgia.

(b)   Arbitration.  Except to the extent provided in Section 9(f), any dispute or
controversy arising under or in connection with this Agreement shall be
resolved by binding arbitration.  The
arbitration shall be held in Atlanta and except to the extent inconsistent with
this Agreement, shall be conducted in accordance with the Expedited Employment
Arbitration Rules of the American Arbitration Association then in effect at the
time of the arbitration (or such other rules as the parties may agree to in
writing), and otherwise in accordance with principles which would be applied by
a court of law or equity.  The
arbitrator shall be acceptable to both the Company and the Executive.  If the parties cannot agree on an acceptable
arbitrator, the dispute shall be heard by a panel of three arbitrators, one
appointed by each of the parties and the third appointed by the other two
arbitrators.  The Company and the
Executive agree that arbitration costs shall be borne by the losing party.

(c)   Amendments.  This Agreement may not be amended or modified otherwise than by a
written agreement executed by the parties hereto or their respective successors
and legal representatives.

(d)   Termination of Old Agreements; Entire
Agreement.  Executive and the
Company acknowledge and agree that effective as of the Effective Date, the Old
Agreements (and all agreements and side letters associated therewith) are
hereby terminated and of no further force and effect and neither party has any
rights thereunder except Executive’s rights to receive accrued and unpaid salary
in connection with her employment thereunder and any other vested benefits in
accordance with the Company’s benefit plans. 
This Agreement, together with the stock subscription agreement, the
stockholders’ agreement and the stock incentive plan referred to in Section 4,
constitutes the entire agreement between the parties hereto with respect to the
matters referred to herein; provided, however, that the Terms of Employment set
forth in the Employee Handbook shall remain in effect and be in addition to the
terms of this Agreement except to the extent inconsistent herewith in which
case the terms of this Agreement shall govern, supersede and prevail.  No other agreement relating to the terms of
the Executive’s employment by the Company, oral or otherwise, shall be binding
between the parties unless it is in writing and signed by the party against
whom enforcement 

 

11

 

is sought. 
There are no promises, representations, inducements, or statements
between the parties other than those that are expressly contained herein.  The Executive acknowledges that she is
entering into this Agreement of her own free will and accord, and with no
duress, that she has read this Agreement, that she understands it and its legal
consequences and that she has had the opportunity to consult with such advisors
as she desired.

(e)   Notices.  All notices and other communications hereunder shall be in
writing and shall be given by hand-delivery to the other party, or by
first class, registered or certified mail, return receipt requested, postage
prepaid, addressed as follows:

If to the
Executive:                                                                                                                                             at the home address of the Executive
noted on the records of the Company

 

If to Holding or
the Company:                                                                                 Worldspan, L.P.

300 Galleria Parkway, N.W.

Atlanta, Georgia 30339

Attn:  General Counsel

or to such other address as a party may from time to
time designate in writing in accordance with this section.  Notice and communications shall be effective
when actually received by the addressee.

(f)    Tax Withholding.  The Company shall withhold from any amounts
payable under this Agreement such Federal, state or local taxes as shall be
required to be withheld pursuant to any applicable law or regulation.

(g)   Severability; Reformation.  In the event that one or more of the
provisions of this Agreement shall become invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining
provisions contained herein shall not be affected thereby.

(h)   Waiver.  Waiver by any party hereto of any breach or default by another
party of any of the terms of this Agreement shall not operate as a waiver of
any other breach or default, whether similar to or different from the breach or
default waived.  No waiver of any
provision of this Agreement shall be implied from any course of dealing between
the parties hereto or from any failure by a party hereto to assert its or her
rights hereunder on any occasion or series of occasions.

(i)    Captions.  The captions of this Agreement are not part of the provisions
hereof and shall have no force or effect.

(j)    Counterparts.  This Agreement may be executed in
counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument.

 

12

 

IN WITNESS WHEREOF, the
Executive has executed this Agreement and Holding and the Company have caused
this Agreement to be executed in their names on their behalf, all as of the
date first above written.

 

	
   

  	
  TRAVEL TRANSACTION PROCESSING CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Douglas L. Abramson

  
	
   

  	
  Name:  Douglas L. Abramson

  
	
   

  	
  Title:  Senior Vice President-Human Resources,

  
	
   

  	
   

  	
  General Counsel and
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  WORLDSPAN, L.P.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Douglas L. Abramson

  
	
   

  	
  Name:  Douglas L. Abramson

  
	
   

  	
  Title: Senior Vice
  President-Human Resources,

  
	
   

  	
   

  	
  General Counsel and
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  EXECUTIVE:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ Susan J. Powers

  
	
   

  	
   

  	
   

  

 

 

13

 

Appendix
A

Abacus
Distribution Systems pte. Ltd.

Amadeus Global Travel Distribution, S.A.

Galileo International, LLC

Sabre, Inc.

AXESS International Network Inc.

Infini Travel Information Inc.

Navitaire, Inc.

Pegasus Solutions Inc.

Wizcom International, Ltd.

Cendant Corporation

System One Corporation

Electronic Data Systems Corporation (“EDS”) (only to the extent EDS’s
activities are competitive with the Company’s business)

 

Exhibit
A

 

[FORM
OF]

GENERAL RELEASE OF ALL CLAIMS

WHEREAS, my employment with Travel Transaction
Processing Corporation (“TTPC”) and Worldspan, L.P. (“Worldspan, and together
with TTPC and each subsidiary and affiliate thereof the “Company”)
[terminated/will terminate] on           
; and

WHEREAS, in connection with the termination of my
employment, I am entitled to certain payments and benefits under the terms of
the Employment Agreement between me and the Company dated as of            , 2003 (the “Employment
Agreement”) [insert any other relevant agreement references], subject to my
execution and delivery of this Release; and

WHEREAS, I am a party to the following agreements with
the Company pursuant to which I acquired (or have the right to acquire) equity
securities of the Company:  Management
Stock Subscription Agreement, dated as of     
, 2003, Restricted Stock Subscription Agreement, dated as of       , 2003, Stock Option Agreement, dated
as of          , 2003 [insert other
equity agreements] (the “Management Equity Agreements”);

WHEREAS, I am entitled to certain benefits and subject
to certain obligations pursuant to the Stockholders Agreement, dated as of         , 2003, among TTPC, [Name] and each
of the other parties named in the schedules thereto (as amended from time to
time in accordance with the terms thereof, the “Stockholders Agreement”) and to
the Registration Rights Agreement, dated as of           , 2003 among TTPC and each of the other persons party
thereto (as amended from time to time in accordance with the terms thereof, the
“Registration Rights Agreement”);

WHEREAS, I, [insert name], acknowledge that I have
been provided all monies owed through the date I sign this General Release of
All Claims (the “Release”) and that the Company has satisfied all obligations
to me arising out of or relating to my employment with the Company or
separation from such employment through the date I sign this Release; and

NOW,
THEREFORE, in consideration of the promises set forth herein, I, [Name], on
behalf of myself, my agents, representatives, administrators, receivers,
trustees, executives, successors, heirs, designees, legal representatives,
assignees and attorneys hereby irrevocably and forever release, acquit and
discharge TTPC and Worldspan and all affiliated or related companies, parents,
divisions, or 

 

subsidiaries, whether said entities are incorporated,
unincorporated associations, partnerships or other entities and their owners,
shareholders, officers, directors, agents, attorneys, partners, members,
employees, insurers, successors and assigns and each of them (collectively, the
“Company Group”) from any and all debts, claims, demands, liabilities, actions
or causes of action, of any kind, nature and description, past or present,
known or unknown, which I now have, or may have or could assert against the
Company Group arising out of, or in any way connected with, my employment or my
separation from employment, including but not limited to any claims or demands
for the following:  wrongful discharge;
breach of an implied or expressed employment contract; negligent or intentional
infliction of emotional stress; defamation; fraud; discrimination and/or
harassment based on age, sex, race, religion, national origin, sexual
orientation, physical or mental disability, or medical condition; violation of
any section of the AIDS Confidentiality Act, the Equal Employment for Persons with
Disabilities Code, the National Labor Relations Act, the Fair Labor Standards
Act, the Rehabilitation Act of 1973, the Americans with Disabilities Act of
1990, The Civil Rights Acts of 1866 and 1871, Title VII of the Civil Rights Act
of 1964, the Civil Rights Act of 1991, the Equal Pay Act of 1963, the Age
Discrimination Act, the Age Discrimination In Employment Act, the Older Workers
Benefit Protection Act, the Employee Retirement Income Security Act of 1974,
the Occupational Safety and Health Act, the Consolidated Omnibus Budget
Reconciliation Act of 1985, the Family Medical Leave Act of 1993, the
Immigration Reform and Control Act of 1986, or any other federal, state or
local laws or regulations; unpaid wages, salary, overtime compensation,
bonuses, commissions, or other compensation of any sort; for damages of any
nature, including compensatory, general, special or punitive; or for costs,
fees or other expenses, including but not limited to attorneys’ fees, incurred
regarding these matters.  The foregoing
list is meant to be illustrative rather than inclusive.  Notwithstanding the foregoing, this release
and my understandings, agreements, representations and warranties set forth
below do not (x) preclude me from seeking to obtain any payments or
benefits to which I may be entitled under Section 8 of the Employment
Agreement, under the Management Equity Agreements or under any applicable
employee benefit plans (other than any severance plan or policy or any other
benefit plan or program specifically referred to in the Employment Agreement
and for which payment is made in accordance with the terms of the Employment
Agreement, which payment is stated to be in satisfaction of my rights
thereunder, or any Options, Share grants, subscription or other rights under
the Management Equity Agreements that terminate upon my ceasing to be employed
by the Company), but my entitlement to such payments and benefits, if any, will
be determined in accordance with such agreements and any relevant plan
documents or (y) release any rights under the Stockholders Agreement or
the Registration Rights Agreement, which will be determined in accordance with
the terms of such agreements.

 

2

 

If I, [Name], initiate or participate in any legal
action in violation of this release, TTPC and Worldspan may reclaim any amounts
paid in respect of my termination, without waiving the release granted herein,
and terminate any benefits or payments that are due to me, in addition to any
other remedies.

FURTHER, in consideration of said promises and as a
further consideration for this Release, I, [Name], understand, agree, represent
and warrant as follows:

1.     That this
is a full and final release applying to all unknown and unanticipated injuries,
claims, or damages arising out of said employment, as well as to those now
known or disclosed and that I, [Name], voluntarily waive all rights or benefits
which I now have, with the express intention of releasing and extinguishing
unknown or unsuspected obligations, and I warrant that I am currently unaware
of any claim(s), right(s), demand(s), debt(s), action(s), obligation(s),
liability or cause(s) of action whatsoever against the Company which I have not
released pursuant to this Release.  I,
[Name], understand, agree and acknowledge that this Release is intended to
include in its effect, without limitation, claims and causes of action which I
do not know of or suspect to exist in my favor at the time of executing this
Release, and that this Release contemplates extinguishment of all such claims
and causes of action.

2.     That, I,
[Name], have had the opportunity to consult with a representative of my own
choosing with respect to this Release; that I have read this Release; that I am
fully aware of its contents and of its legal effect; and I freely and
voluntarily entered into it.

3.     That, I,
[Name], will not file or bring any claims, charges, complaints, or other
actions against the Company or the Company Group arising out of or based upon
the circumstances of my employment or my separation from employment, except as
otherwise expressly required by law or with respect to matters not released
hereunder.

4.     That, I,
[Name], warrant that except as expressly set forth herein, no representations
of any kind or character have been made to me by the Company or any of the
Company’s agents, representatives, employees or attorneys (or anyone else
purporting to act in any such capacities) to induce me to execute this Release.

5.     That, I,
[Name], acknowledge and agree that none of the Employment Agreement, the
consideration given thereunder or this Release is to be construed as an
admission by the Company or as an admission of any act or fact whatsoever.

6.     The
consideration set forth in Section 8 of the Employment Agreement exceeds any
amount and/or consideration to which I would otherwise be entitled under the
Company’s standard operating policies, practices, or as 

 

3

 

required
by law.  All amounts to which I would be
entitled under the Company’s policies, practices and/or as required by law have
been tendered to me and are hereby acknowledged.  Therefore, said consideration is not paid as wages or other
compensation due, but is paid solely in consideration of this Release and the
provisions set forth herein relating to Confidential Information.

7.     Compliance
With Older Workers Benefit Protection Act.

In
compliance with the Older Workers Benefit Protection Act (P.L. 101-433), the
Company and [Name] do hereby acknowledge as follows:

(a)   That, I, [Name], acknowledge that this Release
specifically applies to any rights or claims I may have against the Company or
any party released herein under the federal Age Discrimination in Employment
Act of 1967, as amended;

(b)        This Release does not purport to waive rights or
claims that may arise from acts or events occurring after the date that this
Release is executed by the parties;

(c)        That, I, [Name], acknowledge that the consideration
provided for in this Release and the provisions of this paragraph are in
addition to that to which I am already entitled;

(d)        That, I, [Name], understand that this Release shall be
revocable for a seven (7) day period following execution of this Release by
me.  Accordingly, this Release shall not
become effective or enforceable until the expiration of this seven (7) day
revocation period.

(e)        That, I, [Name], acknowledge that I have been advised
of my right to consult with an attorney, and have in fact consulted with an
attorney, prior to signing this Release and have been given a period of
twenty-one (21) days within which to consider whether to sign this Release.

8.     This Release is made in the State of Georgia and shall be
interpreted under the laws of said State. Its language shall be construed as a
whole, according to its fair meaning and not strictly for or against either
party.

9.     In the event that it shall be necessary for any party hereto to
institute legal action to enforce any of the terms and conditions or provisions
contained herein, or for any breach thereof, the prevailing party in such
action shall be entitled to costs and reasonable attorneys’ fees.

PLEASE READ CAREFULLY, THIS RELEASE
INCLUDES A WAIVER AND A SETTLEMENT OF ALL KNOWN AND UNKNOWN CLAIMS.

 

4

 

	
  DATED:

  	
   

  	
  , 20  

  	
   

  	
   

  	
  [NAME]

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Address:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  DATED:

  	
   

  	
  , 20  

  	
   

  	
   

  	
  TRAVEL TRANSACTION
  PROCESSING CORPORATION

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  DATED:

  	
   

  	
  , 20  

  	
   

  	
   

  	
  WORLDSPAN, L.P.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
   

  
																																

 

 

5

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