Document:

EX-10.4

SEVERANCE AGREEMENT

THIS AGREEMENT, made as of February 3, 2015 (the “Effective Date”), by and between
Saia, Inc., a Delaware corporation (“Saia”), and        (“Employee”).

WITNESSETH:

WHEREAS, Saia has adopted the Saia, Inc. First Amended and Restated 2011 Omnibus Incentive
Plan (the “Plan”) pursuant to which options for shares of the common stock of Saia and
performance unit awards may be granted to employees of Saia and its subsidiaries; and

WHEREAS, Saia, or an entity in which Saia, directly or indirectly, through one or more
intermediaries owns 50% or more of the voting rights or profit interest of such entity
(“Affiliates”) (collectively Saia and Affiliates are hereinafter called the
“Company”) is the employer of Employee; and

WHEREAS, from time to time Saia may desire to grant to Employee certain options to purchase
shares of Saia’s common stock, which award or awards may contain certain restrictive covenants,
including, among others, covenants related to non-competition, non-solicitation of the Company’s
customers or employees, intellectual property and confidential information (the “Restrictive
Covenants”).

NOW, THEREFORE, in consideration of the premises and of the mutual agreements hereinafter set
forth, it is covenanted and agreed as follows:

1. Severance.

(a) Subject to the terms of this Agreement, if Employee’s employment is terminated by the
Company without Cause (as defined below), Employee will be eligible to receive severance payments
equal to twelve (12) months of Employee’s base salary in effect at the time Employee ceased to be
employed by the Company (the “Severance Payments”), payable in accordance with
Section 1. Employee shall be entitled to Severance Payments only (i) upon execution by
Employee of a release (in a form satisfactory to Company) of all claims against the Company (other
than claims relating to equity and long-term incentive plan compensation) (the “General
Release”) and the General Release has become effective and is no longer subject to revocation
no later than sixty (60) days following the termination of employment and (ii) so long as Employee
has not breached the provisions of any other agreement with the Company, including without
limitation, any Restrictive Covenants contained in any equity award agreement, and Employee has not
applied for unemployment compensation chargeable to the Company. In the event of a breach by
Employee of any agreement with the Company, including without limitation, any Restrictive
Covenants, all Severance Payments shall cease and terminate and Optionee shall repay to the Company
the amount of Severance Payments paid to Optionee prior to such breach within thirty (30) days
following notice of such breach. Employee shall not be entitled to any other salary, compensation
or benefits after termination of employment, except as may be provided under the Executive
Severance Agreement between Employee and Saia (if any) or as required by law.

1

(b) Except as noted below, the Severance Payments pursuant to this provision shall be paid in
equal installments in accordance with the Company’s normal payroll practices. If Employee is party
to an Executive Severance Agreement, the Severance Payments pursuant to this provision shall be
paid on the date and schedule specified with respect to benefits under such Executive Severance
Agreement.

(c) The Severance Payments pursuant to this provision shall not be paid or provided until the
first scheduled payment date following the date that the General Release has become effective and
no longer subject to revocation; provided, however, that if the Severance Payment constitutes
nonqualified deferred compensation within the meaning of Internal Revenue Code Section 409A and the
regulations and guidance promulgated thereunder (“Section 409A”), the Severance Payment
shall not be paid or provided until the sixtieth (60th) day following such termination
to the extent necessary to avoid adverse tax consequences under Section 409A (e.g., if the 60 day
period spans two calendar years); provided, further, that if Employee is a “specified employee”
within the meaning of Section 409A, and the Severance Payment constitutes nonqualified deferred
compensation within the meaning of Section 409A, the Severance Payment shall not be paid or
provided until the date that is six months and one day following such termination to the extent
necessary to avoid adverse tax consequences under Section 409A. For purposes of Section 409A, the
right to a series of installment payments hereunder shall be treated as a right to a series of
separate payments.

(d) For purposes of this Agreement, “Cause” shall have the meaning given such term
under the Plan, as may be amended or replaced by a subsequent equity incentive plan from time to
time.

(e) Notwithstanding the foregoing, if Employee becomes entitled to severance compensation
under both this Agreement and under an Executive Severance Agreement, Employee shall be paid
severance under such Executive Severance Agreement and not this Agreement.

2. No Contract of Employment. Nothing contained in this Agreement shall be considered
or construed as creating a contract of employment for any specified period of time. Saia is
offering this Agreement to Employee simultaneous with, and conditioned upon, Employee’s acceptance
of the Restrictive Covenants found in the option to purchase Saia’s common stock granted on the
Effective Date.

3. Severability. If any provision of this Agreement or the application of any such
provision to any party or circumstances shall be determined by any court of competent jurisdiction
to be invalid or unenforceable to any extent, the remainder of this Agreement, or the application
of such provision to such person or circumstances other than those to which it is so determined to
be invalid or unenforceable, shall not be affected thereby, and each provision hereof shall be
enforced to the fullest extent permitted by law. If the final judgment of a court of competent
jurisdiction declares that any provision of this Agreement is invalid or unenforceable, the parties
hereto agree that the court making the determination of invalidity or unenforceability shall have
the power, and is hereby directed, to modify or reduce the scope, duration or area of the
provision, to delete specific words or phrases and to replace any invalid or unenforceable
provision with a provision that is valid and enforceable and that comes closest to expressing the
intention of the invalid or unenforceable provision, and this Agreement shall be enforced as so
modified.

4. Non-Waiver of Rights. The Company’s failure to enforce at any time any of the
provisions of this Agreement or to require at any time performance by Employee of any of the
provisions hereof shall in no way be construed to be a waiver of such provisions or to affect
either the validity of this Agreement, or any part hereof, or the right of the Company thereafter
to enforce each and every provision in accordance with the terms of this Agreement.

5. Entire Agreement; Amendments. Except as otherwise expressly set forth herein, no
modification, amendment or waiver of any of the provisions of this Agreement shall be effective
unless in writing specifically referring hereto, and signed by the parties hereto. This Agreement,
except as may conflict with the Executive Severance Agreement between Employee and Saia (if any),
supersedes all prior agreements and understandings between Employee and Saia to the extent that any
such agreements or understandings conflict with the terms of this Agreement.

6. Assignment. This Agreement shall be freely assignable by Saia to and shall inure
to the benefit of, and be binding upon, Saia, its successors and assigns and/or any other entity
which shall succeed to the business presently being conducted by Saia. This Agreement may not be
assigned by Employee.

7. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware without regard to the principles of conflicts of law which
might otherwise apply. The parties hereto irrevocably submit to the jurisdiction of the Delaware
Court of Chancery (or, if such court declines to accept jurisdiction, any state or federal court
sitting in or for New Castle County, Delaware) with respect to any dispute arising out of or
relating to this Agreement, and each party irrevocably agrees that all claims in respect of such
dispute or proceeding shall be heard and determined in such courts. The parties hereto hereby
irrevocably waive, to the fullest extent permitted by law, any objection which they may now or
hereafter have to the venue of any dispute arising out of or relating to this Agreement brought in
such court or any defense of inconvenient forum for the maintenance of such dispute or proceeding.
Each party hereto agrees that a judgment in any such dispute may be enforced in other jurisdictions
by suit on the judgment or in any other manner provided by law. Each party hereto hereby
irrevocably and unconditionally waives, to the fullest extent permitted by law, any right it may
have to a trial by jury in respect of any litigation as between the parties directly or indirectly
arising out of, under or in connection with this Agreement or the transactions contemplated hereby
or disputes relating hereto. Each of the parties hereto (a) certifies that no representative, agent
or attorney of the other party has represented, expressly or otherwise, that such other party would
not, in the event of litigation, seek to enforce the foregoing waivers and (b) acknowledges that it
and the other parties have been induced to enter into this Agreement by, among other things, the
mutual waivers and certifications contained in this Section 7.

8. Tax Withholding. All payments under this Agreement are stated in gross amounts and
shall be subject to customary withholding and other amounts required by law to be withheld. The
Company shall be entitled to deduct or withhold from any amounts owing from the Company to Employee
any federal, state, local or foreign withholding taxes, excise tax, or employment tax
(“Taxes”) imposed with respect to Employee’s compensation or other payments from the
Company, or Employee’s ownership interest in the Company (including wages, bonuses, dividends, the
receipt or exercise of equity options and/or the receipt or vesting of restricted equity). The
Company makes no representations about the tax treatment of the compensation or benefits paid under
this Agreement and the Employee shall be responsible for any taxes payable with respect to such
compensation or benefits, other than the employer paid portion of any applicable employment taxes.

[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, Saia has caused this Agreement to be executed on its behalf by the
undersigned officer pursuant to due authorization, and Employee has signed this Agreement to
evidence his or her acceptance of the terms hereof, all as of the date hereof.

SAIA, INC.

By

Richard D. O’Dell

President and Chief Executive Officer

      , Employee

2EX-10.5

SEVERANCE AGREEMENT

THIS AGREEMENT, made as of February 3, 2015 (the “Effective Date”), by and between
Saia, Inc., a Delaware corporation (“Saia”), and Frederick J. Holzgrefe, III
(“Employee”).

WITNESSETH:

WHEREAS, Saia has adopted the Saia, Inc. First Amended and Restated 2011 Omnibus Incentive
Plan (the “Plan”) pursuant to which options for shares of the common stock of Saia and
performance unit awards may be granted to employees of Saia and its subsidiaries; and

WHEREAS, Saia, or an entity in which Saia, directly or indirectly, through one or more
intermediaries owns 50% or more of the voting rights or profit interest of such entity
(“Affiliates”) (collectively Saia and Affiliates are hereinafter called the
“Company”) is the employer of Employee; and

WHEREAS, from time to time Saia may desire to grant to Employee certain options to purchase
shares of Saia’s common stock, which award or awards may contain certain restrictive covenants,
including, among others, covenants related to non-competition, non-solicitation of the Company’s
customers or employees, intellectual property and confidential information (the “Restrictive
Covenants”); and

WHEREAS, Saia and Employee previously entered into the Executive Severance Agreement dated as
of September 10, 2014, which such agreement is incorporated herein by reference.

NOW, THEREFORE, in consideration of the premises and of the mutual agreements hereinafter set
forth, it is covenanted and agreed as follows:

1. Severance.

(a) Subject to the terms of this Agreement, if Employee’s employment is terminated by the
Company without Cause (as defined below), Employee will be eligible to receive a severance benefit
equal to twelve (12) months of Employee’s base salary in effect at the time Employee ceased to be
employed by the Company (the “Severance Payment”), adjusted as provided in, and payable in
accordance with, Section 1(b) below. Employee shall be entitled to a Severance Payment only
(i) upon execution by Employee of a release (in a form satisfactory to Company) of all claims
against the Company (other than claims relating to equity and long-term incentive plan
compensation) (the “General Release”) and the General Release has become effective and is
no longer subject to revocation no later than sixty (60) days following the termination of
employment and (ii) so long as Employee has not breached the provisions of any other agreement with
the Company, including without limitation, any Restrictive Covenants contained in any equity award
agreement, and Employee has not applied for unemployment compensation chargeable to the Company.
In the event of a breach by Employee of any agreement with the Company, including without
limitation, any Restrictive Covenants, all Severance Payments shall cease and terminate and
Optionee shall repay to the Company the amount of Severance Payments paid to Optionee prior to such
breach within thirty (30) days following notice of such breach. The Severance Payment described in
this Section 1 shall be offset by any benefits payable pursuant to Section 6 of the Executive
Severance Agreement. Employee shall not be entitled to any other salary, compensation or benefits
after termination of employment, except as may be provided under the Executive Severance Agreement
or as required by law.

(b) Payment on Termination:

(i) With respect to terminations on or before September 10, 2015, any Severance Payment
payable pursuant to this Agreement shall be reduced by any benefit payable under Section 6
of the Executive Severance Agreement and shall be paid out pursuant to the dates and
schedule specified in such Section 6. Any Termination Payment payable pursuant to Section
4 of the Executive Severance Agreement shall, notwithstanding the provisions of Section 4
of the Executive Severance Agreement, be paid out pursuant to the dates and schedule
specified in Section 6 of the Executive Severance Agreement. Subject to the foregoing, if
Employee is a “specified employee” within the meaning of Section 409A, and the Severance
Payment constitutes nonqualified deferred compensation within the meaning of Section 409A,
the Severance Payment shall not be paid or provided until the date that is six months and
one day following such termination to the extent necessary to avoid adverse tax
consequences under Section 409A. For purposes of Section 409A, the right to a series of
installment payments hereunder shall be treated as a right to a series of separate
payments.

(ii) With respect to terminations after September 10, 2015, any Severance Payment payable
pursuant to this Agreement or any Termination Payment payable under Section 4 of the
Executive Severance Agreement shall be paid on the date and schedule specified in Section
4 of the Executive Severance Agreement (as such Section 4 provided prior to modification
by this Agreement).

(c) For purposes of this Agreement, “Cause” shall have the meaning given such term
under the Plan, as may be amended or replaced by a subsequent equity incentive plan from time to
time.

(d) Notwithstanding the foregoing, if Employee becomes entitled to severance compensation
under both this Agreement and Section 4 of the Executive Severance Agreement (as modified by this
Agreement), Employee shall be paid severance under such Executive Severance Agreement and not this
Agreement.

2. No Contract of Employment. Nothing contained in this Agreement shall be considered
or construed as creating a contract of employment for any specified period of time. Saia is
offering this Agreement to Employee simultaneous with, and conditioned upon, Employee’s acceptance
of the Restrictive Covenants found in the option to purchase Saia’s common stock granted on the
Effective Date.

3. Severability. If any provision of this Agreement or the application of any such
provision to any party or circumstances shall be determined by any court of competent jurisdiction
to be invalid or unenforceable to any extent, the remainder of this Agreement, or the application
of such provision to such person or circumstances other than those to which it is so determined to
be invalid or unenforceable, shall not be affected thereby, and each provision hereof shall be
enforced to the fullest extent permitted by law. If the final judgment of a court of competent
jurisdiction declares that any provision of this Agreement is invalid or unenforceable, the parties
hereto agree that the court making the determination of invalidity or unenforceability shall have
the power, and is hereby directed, to modify or reduce the scope, duration or area of the
provision, to delete specific words or phrases and to replace any invalid or unenforceable
provision with a provision that is valid and enforceable and that comes closest to expressing the
intention of the invalid or unenforceable provision, and this Agreement shall be enforced as so
modified.

4. Non-Waiver of Rights. The Company’s failure to enforce at any time any of the
provisions of this Agreement or to require at any time performance by Employee of any of the
provisions hereof shall in no way be construed to be a waiver of such provisions or to affect
either the validity of this Agreement, or any part hereof, or the right of the Company thereafter
to enforce each and every provision in accordance with the terms of this Agreement.

5. Entire Agreement; Amendments. Except as otherwise expressly set forth herein, no
modification, amendment or waiver of any of the provisions of this Agreement shall be effective
unless in writing specifically referring hereto, and signed by the parties hereto. This Agreement,
except as may conflict with the Executive Severance Agreement between Employee and Saia, supersedes
all prior agreements and understandings between Employee and Saia to the extent that any such
agreements or understandings conflict with the terms of this Agreement.

6. Assignment. This Agreement shall be freely assignable by Saia to and shall inure
to the benefit of, and be binding upon, Saia, its successors and assigns and/or any other entity
which shall succeed to the business presently being conducted by Saia. This Agreement may not be
assigned by Employee.

7. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware without regard to the principles of conflicts of law which
might otherwise apply. The parties hereto irrevocably submit to the jurisdiction of the Delaware
Court of Chancery (or, if such court declines to accept jurisdiction, any state or federal court
sitting in or for New Castle County, Delaware) with respect to any dispute arising out of or
relating to this Agreement, and each party irrevocably agrees that all claims in respect of such
dispute or proceeding shall be heard and determined in such courts. The parties hereto hereby
irrevocably waive, to the fullest extent permitted by law, any objection which they may now or
hereafter have to the venue of any dispute arising out of or relating to this Agreement brought in
such court or any defense of inconvenient forum for the maintenance of such dispute or proceeding.
Each party hereto agrees that a judgment in any such dispute may be enforced in other jurisdictions
by suit on the judgment or in any other manner provided by law. Each party hereto hereby
irrevocably and unconditionally waives, to the fullest extent permitted by law, any right it may
have to a trial by jury in respect of any litigation as between the parties directly or indirectly
arising out of, under or in connection with this Agreement or the transactions contemplated hereby
or disputes relating hereto. Each of the parties hereto (a) certifies that no representative, agent
or attorney of the other party has represented, expressly or otherwise, that such other party would
not, in the event of litigation, seek to enforce the foregoing waivers and (b) acknowledges that it
and the other parties have been induced to enter into this Agreement by, among other things, the
mutual waivers and certifications contained in this Section 7.

8. Tax Withholding. All payments under this Agreement are stated in gross amounts and
shall be subject to customary withholding and other amounts required by law to be withheld. The
Company shall be entitled to deduct or withhold from any amounts owing from the Company to Employee
any federal, state, local or foreign withholding taxes, excise tax, or employment tax
(“Taxes”) imposed with respect to Employee’s compensation or other payments from the
Company, or Employee’s ownership interest in the Company (including wages, bonuses, dividends, the
receipt or exercise of equity options and/or the receipt or vesting of restricted equity). The
Company makes no representations about the tax treatment of the compensation or benefits paid under
this Agreement and the Employee shall be responsible for any taxes payable with respect to such
compensation or benefits, other than the employer paid portion of any applicable employment taxes.

[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, Saia has caused this Agreement to be executed on its behalf by the
undersigned officer pursuant to due authorization, and Employee has signed this Agreement to
evidence his or her acceptance of the terms hereof, all as of the date hereof.

SAIA, INC.

By

Richard D. O’Dell

President and Chief Executive Officer

Frederick J. Holzgrefe, III, Employee

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