Document:

exv4w10

Exhibit 4.10

EXECUTION VERSION

DEPOSIT AGREEMENT

(Class B)

Dated as of December 21, 2010

between

WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION

as Escrow Agent

and

THE BANK
OF NEW YORK MELLON

as Depositary

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	SECTION 1.1 Acceptance of Depositary
	 	 	2	 
	SECTION 1.2 Establishment of Accounts
	 	 	2	 
	SECTION 2.1 Deposits
	 	 	2	 
	SECTION 2.2 Interest
	 	 	2	 
	SECTION 2.3 Withdrawals
	 	 	3	 
	SECTION 2.4 Other Accounts
	 	 	3	 
	SECTION 3. Termination
	 	 	4	 
	SECTION 4. Payments
	 	 	4	 
	SECTION 5. Representation and Warranties
	 	 	4	 
	SECTION 6. Transfer
	 	 	5	 
	SECTION 7. Amendment, Etc.
	 	 	6	 
	SECTION 8. Notices
	 	 	6	 
	SECTION 9. Obligations Unconditional
	 	 	7	 
	SECTION 10. Entire Agreement
	 	 	7	 
	SECTION 11. Governing Law
	 	 	7	 
	SECTION 12. Submission to Non-Exclusive Jurisdiction
	 	 	7	 
	SECTION 13. Waiver of Jury Trial Right
	 	 	7	 
	SECTION 14. Counterparts
	 	 	7	 
	SECTION 15. Rights of Receiptholders
	 	 	7	 
	SECTION 16. Limitation on Damages
	 	 	8	 

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          DEPOSIT
AGREEMENT (Class B) dated as of December 21, 2010 (as amended, modified or supplemented
from time to time, this “Agreement”) between WELLS FARGO BANK NORTHWEST, NATIONAL
ASSOCIATION, a national banking association, as Escrow Agent under the Escrow and Paying Agent
Agreement referred to below (in such capacity, together with its successors in such capacity, the
“Escrow Agent”), and THE BANK OF NEW YORK MELLON, as depositary bank (the
“Depositary”).

W I T N E S S E T H

          WHEREAS, US Airways, Inc. (“US Airways”) and Wilmington Trust Company, not in its
individual capacity except as otherwise expressly provided therein, but solely as trustee (in such
capacity, together with its successors in such capacity, the “Pass Through Trustee”) have
entered into a Trust Supplement, dated as of December 21, 2010 (the “Trust Supplement”) to
the Pass Through Trust Agreement dated as of December 21, 2010 (together, as amended, modified or
supplemented from time to time in accordance with the terms thereof, the “Pass Through Trust
Agreement”) relating to US Airways Pass Through Trust 2010-1B-O pursuant to which the US
Airways Pass Through Trust, Series 2010-1B-O Certificates referred to therein (the
“Certificates”) are being issued (the date of such issuance, the
“Issuance Date”);

          WHEREAS, US Airways and Morgan Stanley & Co. Incorporated, Citigroup Global Markets Inc. and
Credit Suisse Securities (USA) LLC, as representatives of the several Underwriters (collectively,
the “Underwriters” and, together with their respective transferees and assigns as
registered owners of the Certificates, the “Investors”) have entered into an Underwriting
Agreement dated as of December 15, 2010 pursuant to which the Pass Through Trustee will issue and
sell the Certificates to the Underwriters;

          WHEREAS, US Airways, the Pass Through Trustee, another pass through trustee and certain other
persons concurrently herewith are entering into the Note Purchase Agreement, dated as of the date
hereof (the “Note Purchase Agreement”), pursuant to which the Pass Through Trustee has
agreed to acquire from time to time on or prior to the Delivery Period Termination Date (as defined
in the Note Purchase Agreement) equipment notes (the “Equipment Notes”) issued to finance
certain aircraft currently owned by US Airways and certain other aircraft to be acquired by US
Airways, as owner, utilizing a portion of the proceeds from the sale of the Certificates (the
“Net Proceeds”);

          WHEREAS, the Escrow Agent, the Underwriters, the Pass Through Trustee and Wilmington Trust
Company, as paying agent for the Escrow Agent (in such capacity, together with its successors in
such capacity, the “Paying Agent”) concurrently herewith are entering into an Escrow and
Paying Agent Agreement, dated as of the date hereof (as amended, modified or supplemented from time
to time in accordance with the terms thereof, the “Escrow and
Paying Agent Agreement”); and

          WHEREAS, the Underwriters and the Pass Through Trustee intend that the Net Proceeds be held in
escrow by the Escrow Agent on behalf of the Investors pursuant to the Escrow and Paying Agent
Agreement, subject to withdrawal upon request of and proper certification by the Pass Through
Trustee for the purpose of purchasing Equipment Notes, and

 

 

that pending such withdrawal the Net Proceeds be deposited by the Escrow Agent with the Depositary
pursuant to this Agreement, which provides for the Depositary to pay interest for distribution to
the Investors and to establish accounts from which the Escrow Agent shall make withdrawals upon
request of and proper certification by the Pass Through Trustee.

          NOW, THEREFORE, in consideration of the obligations contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto hereby agree as follows:

          SECTION 1.1 Acceptance of Depositary. The Depositary hereby agrees to act as
depositary bank as provided herein and in connection therewith to accept all amounts to be
delivered to or held by the Depositary pursuant to the terms of this Agreement. The Depositary
further agrees to hold, maintain and safeguard the Deposits and the Accounts (as defined below)
during the term of this Agreement in accordance with the provisions of this Agreement. The Escrow
Agent shall not have any right to withdraw, assign or otherwise transfer moneys held in the
Accounts except as permitted by this Agreement.

          SECTION 1.2 Establishment of Accounts. The Escrow Agent hereby instructs the
Depositary, and the Depositary agrees, to establish the separate deposit accounts listed on
Schedule I hereto and to establish such additional separate deposit accounts as may be required in
connection with the deposits contemplated by Section 2.4 hereof (each, an “Account” and
collectively, the “Accounts”), each in the name of the Escrow Agent and all on the terms
and conditions set forth in this Agreement.

          SECTION 2.1 Deposits. The Escrow Agent shall direct the Underwriters to deposit with
the Depositary on the date of this Agreement (the “Deposit Date”) in Federal (same day)
funds by wire transfer to: The Bank of New York Mellon, ABA No. 021000018, Account Name: Corporate
Trust Agency, Account Number: GLA 111-565, For Further Credit: A/C No. 631655, Reference: US
Airways 2010-1, and the Depositary shall accept from the Underwriters, on behalf of the Escrow
Agent, the sum of US$77,398,000. Upon acceptance of such sum, the Depositary shall (i) establish
each of the deposits specified in Schedule I hereto maturing on February 21,2011 (including any
deposit made pursuant to Section 2.4 hereof, individually, a “Deposit” and, collectively,
the “Deposits”) and (ii) credit each Deposit to the related Account as set forth therein.
No amount shall be deposited in any Account other than the related Deposit.

          SECTION 2.2 Interest. Each Deposit shall bear interest from and including the date of
deposit to but excluding the date of withdrawal at the rate of 8.50% per annum (computed on the
basis of a year of twelve 30-day months) payable to the Paying Agent on behalf of the Escrow Agent
semi-annually in arrears on each April 22 and October 22, commencing on April 22,2011 (each, an
“Interest Payment Date”), and on the date of the Final Withdrawal (as defined below), or
the date of the Replacement Withdrawal (as defined below), as applicable, all in accordance with
the terms of this Agreement (whether or not any such Deposit is withdrawn on an Interest Payment
Date). Interest accrued on any Deposit that is withdrawn pursuant to a Notice of Purchase
Withdrawal (as defined below) shall be paid on the next Interest Payment Date, notwithstanding any
intervening Final Withdrawal (as defined below).

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          SECTION
2.3 Withdrawals. (a) On and after the date seven days after the
establishment of any Deposit, the Escrow Agent may, by providing at least one Business Day’s prior
notice of withdrawal to the Depositary in the form of Exhibit A hereto (a “Notice of Purchase
Withdrawal”), withdraw not less than the entire balance of such Deposit, except that at any
time prior to the actual withdrawal of such Deposit, the Escrow Agent or the Pass Through Trustee
may, by notice to the Depositary, which notice has been actually received by the Depositary prior
to such actual withdrawal, cancel such withdrawal (including on the scheduled date therefor), and
thereafter such Deposit shall continue to be maintained by the Depositary in accordance with the
original terms thereof. Following such withdrawal the balance in the related Account shall be zero
and the Depositary shall close such Account. As used in this Agreement, “Business Day”
means any day, other than a Saturday, Sunday or other day on which commercial banks are authorized
or required by law to close in New York, New York, Phoenix, Arizona or Wilmington, Delaware. The
Depositary may waive the foregoing requirement that any Deposit can only be withdrawn on or after
seven days after the establishment thereof, and may instead reserve the right, upon at least 14
days’ prior written notice to US Airways, the Escrow Agent and the Pass Through Trustee, to require
seven days’ notice for any withdrawal.

          (b) (i) The Escrow Agent may, by providing at least 15 days’ prior notice of withdrawal to the
Depositary in the form of Exhibit B hereto (a “Notice of Final Withdrawal”), withdraw the
entire amount of all of the remaining Deposits together with the payment by the Depositary of all
accrued and unpaid interest on such Deposits to but excluding the specified date of withdrawal (a
“Final Withdrawal”), on such date as shall be specified in such Notice of Final Withdrawal.
If a Notice of Final Withdrawal has not been given to the Depositary on or before January 31, 2011
and there are unwithdrawn Deposits on such date, the Depositary shall pay the amount of the Final
Withdrawal to the Paying Agent on February 21,2011.

          (ii) The Escrow Agent may, by providing at least five Business Days’ prior notice of
withdrawal to the Depositary in the form of Exhibit C hereto (a “Notice of Replacement
Withdrawal”), withdraw the entire amount of all Deposits then held by the Depositary together
with all accrued and unpaid interest on such Deposits (including Deposits previously withdrawn
pursuant to a Notice of Purchase Withdrawal) to but excluding the specified date of withdrawal (a
“Replacement Withdrawal”), on such date as shall be specified in such Notice of Replacement
Withdrawal.

          (c) If the Depositary receives a duly completed Notice of Purchase Withdrawal, Notice of Final
Withdrawal or Notice of Replacement Withdrawal (each, a “Withdrawal Notice”) complying with
the provisions of this Agreement, it shall make the payments specified therein in accordance with
the provisions of this Agreement. Notwithstanding anything to the contrary contained in this
Agreement, in no event shall the Depositary be required, pursuant to any Withdrawal Notice or
otherwise, to make payments hereunder on or in respect of any Deposit in excess of the amount of
such Deposit together with accrued interest thereon as provided in this Agreement.

          SECTION 2.4 Other Accounts. On the date of withdrawal of any Deposit (other than the
date of the Final Withdrawal or Replacement Withdrawal), the Escrow Agent, or the Pass Through
Trustee on behalf of the Escrow Agent, shall re-deposit with the Depositary any portion thereof not
used to acquire Equipment Notes and the Depositary shall accept the same for

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deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and
credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the
provisions of this Agreement shall apply thereto as fully and with the same force and effect as if
such Deposit had been established on the Deposit Date except that (i) such Deposit may not be
withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall
mature on February 21,2011 and bear interest as provided in Section 2.2. The Depositary shall
promptly give notice to the Escrow Agent of receipt of each such re-deposit and the account number
assigned thereto.

          SECTION 3. Termination. This Agreement shall terminate on the fifth Business Day after
the later of the date on which (i) all of the Deposits shall have been withdrawn and paid as
provided herein without any re-deposit and (ii) all accrued and unpaid interest on the Deposits
shall have been paid as provided herein, but in no event prior to the date on which the Depositary
shall have performed in full its obligations hereunder.

          SECTION 4. Payments. All payments made by the Depositary hereunder shall be paid in
United States Dollars and immediately available funds by wire transfer (i) in the case of accrued
interest on the Deposits payable under Section 2.2 hereof or any Final Withdrawal, directly to the
Paying Agent at Wilmington Trust Company, Wilmington, DE, ABA# 031100092, Account No. 098339-000,
Attention: Robert Hines, Telephone No.: (302) 636-6197, Reference: US Airways 2010-1 Paying Agent
Account, or to such other account as the Paying Agent may direct from time to time in writing to
the Depositary and the Escrow Agent and (ii) in the case of any withdrawal of one or more Deposits
pursuant to a Notice of Purchase Withdrawal or Notice of Replacement Withdrawal, directly to or as
directed by the Pass Through Trustee as specified and in the manner provided in such Notice of
Purchase Withdrawal or Notice of Replacement Withdrawal. The Depositary hereby waives any and all
rights of set-off, combination of accounts, right of retention or similar right (whether arising
under applicable law, contract or otherwise) it may have against the Deposits howsoever arising. To
the extent permitted by applicable law, all payments on or in respect of each Deposit shall be made
free and clear of and without reduction for or on account of any and all taxes, levies or other
impositions or charges (collectively, “Taxes”). However, if the Depositary (or if the
Paying Agent shall have notified the Depositary that the Paying Agent (pursuant to Section 2.04 of
the Escrow and Paying Agent Agreement)) shall be required by law to deduct or withhold any Taxes
from or in respect of any sum payable hereunder, the Depositary shall (i) make, or cause to be
made, such deductions or withholding and (ii) pay, or cause to be paid, the full amount deducted or
withheld in accordance with applicable law. If the date on which any payment due on any Deposit
would otherwise fall on a day which is not a Business Day, such payment shall be made on the next
succeeding Business Day, and no additional interest shall accrue in respect of such extension.

          SECTION 5. Representation and Warranties. The Depositary hereby represents and
warrants to US Airways, the Escrow Agent, the Pass Through Trustee and the Paying Agent that:

          (a) it is a New York banking corporation duly organized and validly existing in good standing
under the laws of its jurisdiction of organization;

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          (b) it has full power, authority and legal right to conduct its business and operations as
currently conducted and to enter into and perform its obligations under this Agreement;

          (c) the execution, delivery and performance of this Agreement have been duly authorized by all
necessary corporate action on the part of it and do not require any stockholder approval, or
approval or consent of any trustee or holder of any indebtedness or obligations of it, and this
Agreement has been duly executed and delivered by it and constitutes its legal, valid and binding
obligations enforceable against it in accordance with the terms hereof;

          (d) no authorization, consent or approval of or other action by, and no notice to or filing
with, any United States federal or state governmental authority or regulatory body is required for
the execution, delivery or performance by it of this Agreement;

          (e) neither the execution, delivery or performance by it of this Agreement, nor compliance
with the terms and provisions hereof, conflicts or will conflict with or results or will result in
a breach or violation of any of the terms, conditions or provisions of, or will require any consent
or approval under, any law, governmental rule or regulation or the charter documents, as amended,
or bylaws, as amended, of it or any similar instrument binding on it or any order, writ, injunction
or decree of any court or governmental authority against it or by which it or any of its properties
is bound or of any indenture, mortgage or contract or other agreement or instrument to which it is
a party or by which it or any of its properties is bound, or constitutes or will constitute a
default thereunder or results or will result in the imposition of any lien upon any of its
properties; and

          (f) there are no pending or, to its knowledge, threatened actions, suits, investigations or
proceedings (whether or not purportedly on behalf of it) against or affecting it or any of its
property before or by any court or administrative agency (except, in the case of the immediately
following clause (i), as set forth in Part II, Item 1 — Legal Proceedings of the Form 10-Q of The
Bank of New York Mellon Corporation for the quarterly period ended
September 30, 2010 plus any
relevant 8-K filed with the Securities and Exchange Commission) which, if adversely determined, (i)
would adversely affect the ability of it to perform its obligations under this Agreement or (ii)
would call into question or challenge the validity of this Agreement or the enforceability hereof
in accordance with the terms hereof, nor is the Depositary in default with respect to any order of
any court, governmental authority, arbitration board or administrative agency so as to adversely
affect its ability to perform its obligations under this Agreement.

          SECTION 6. Transfer. Neither party hereto shall be entitled to assign or otherwise
transfer this Agreement (or any interest herein) other than (in the case of the Escrow Agent) to a
successor escrow agent under the Escrow and Paying Agent Agreement and other than (in the case of
the Depositary) to any corporation into which the Depositary shall merge or with which it shall be
consolidated, and any purported assignment in violation thereof shall be void. This Agreement shall
be binding upon the parties hereto and their respective successors

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and (in the case of the Escrow Agent) permitted assigns. Upon the occurrence of the Transfer (as
defined below) contemplated by the Assignment and Assumption Agreement (as defined below), the Pass
Through Trustee shall (without further act) be deemed to have transferred all of its right, title
and interest in and to this Agreement to the trustee of the Successor Trust (as defined below) and,
thereafter, the trustee of the Successor Trust shall be deemed to be the “Pass Through Trustee”
hereunder with the rights of the “Pass Through Trustee” hereunder, and each reference herein to “US
Airways Pass Through Trust 2010-1B-O” shall be deemed to be a reference to “US Airways Pass Through
Trust 2010-1B-S”. The Escrow Agent and the Depositary hereby acknowledge and consent to the
Transfer contemplated by the Assignment and Assumption Agreement. For the purposes of this Section
6, “Transfer” means the transfer contemplated by the Assignment and Assumption Agreement;
“Assignment and Assumption Agreement” means the Assignment and Assumption Agreement to be
entered into between the Pass Through Trustee and the trustee of the Successor Trust, substantially
in the form of Exhibit C to the Trust Supplement; and “Successor Trust” means the US
Airways Pass Through Trust 2010-1B-S.

          SECTION 7. Amendment Etc. This Agreement may not be amended, waived or otherwise
modified except by an instrument in writing signed by the party against whom the amendment, waiver
or other modification is sought to be enforced and by the Pass Through Trustee.

          SECTION 8. Notices. Unless otherwise expressly provided herein, any notice or other
communication under this Agreement shall be in writing (including by facsimile) and shall be deemed
to be given and effective upon receipt thereof. All notices shall be sent to (x) in the case of the
Depositary, The Bank of New York Mellon, 101 Barclay Street, Floor 8W, New York, New York 10286,
Attention: Corporate Finance, Mary Miselis, Vice President, Reference: US Airways Pass Through
Trust 2010-1B-S, (Telecopier: (212) 815-5704) at the foregoing address or (y) in the case of the
Escrow Agent, Wells Fargo Bank Northwest, National Association, 299 South Main Street, 12th Floor,
Salt Lake City, UT 84111, Attention: Corporate Trust Services (Telecopier: (801) 246-5053), in each
case, with a copy to the Pass Through Trustee, Wilmington Trust Company, 1100 North Market Street,
Wilmington, DE 19890-1605, Attention: Corporate Capital Market Services (Telecopier: (302)
636-4140) and to US Airways, Inc., III West Rio Salado Parkway, Tempe, Arizona 85281, Attention:
Vice President and Treasurer (Telecopier: (480) 693-5886) with a copy to: Deputy General Counsel
(Telecopier: (480) 693-5932) (or at such other address as any such party may specify from time to
time in a written notice to the parties hereto). On or prior to the execution of this Agreement,
the Escrow Agent has delivered to the Depositary a certificate containing specimen signatures of
the representatives of the Escrow Agent who are authorized to give notices and instructions with
respect to this Agreement. The Depositary may conclusively rely on such certificate until the
Depositary receives written notice from the Escrow Agent to the contrary.

     The Depositary shall have the right, but shall not be required, to rely upon and comply with
instructions and directions sent by e-mail by persons believed by the Depositary to be authorized
to give instructions and directions on behalf of the Escrow Agent. The Depositary shall have no
duty or obligation to verify or confirm that the person who sent such instructions or directions
is, in fact, a person authorized to give instructions or directions on behalf of the Escrow Agent;
and the Depositary shall have no liability for any losses, liabilities, costs or

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expenses incurred or sustained by the Escrow Agent as a result of such reliance upon or compliance
with such instructions or directions. The Escrow Agent agrees to assume all risks arising out of
the use of e-mail to submit instructions and directions to the Depositary, including without
limitation the risk of the Depositary acting on unauthorized instructions, and the risk of
interception and misuse by third parties.

          SECTION 9. Obligations Unconditional. The Depositary hereby acknowledges and agrees
that its obligation to repay each Deposit together with interest thereon as provided herein is
absolute, irrevocable and unconditional and constitutes a full recourse obligation of the
Depositary enforceable against it to the full extent of all of its assets and properties.

          SECTION 10. Entire Agreement. This Agreement (including all attachments hereto) sets
forth all of the promises, covenants, agreements, conditions and understandings between the
Depositary and the Escrow Agent with respect to the subject matter hereof and supersedes all prior
and contemporaneous agreements and undertakings, inducements or conditions, express or implied,
oral or written.

          SECTION 11. Governing Law. This Agreement, and the rights and obligations of the
Depositary and the Escrow Agent with respect to the Deposits, shall be governed by, and construed
in accordance with, the laws of the State of New York and subject to the provisions of Regulation D
of the Board of Governors of the Federal Reserve System (or any successor), as the same may be
modified and supplemented and in effect from time to time.

          SECTION 12. Submission to Non-Exclusive Jurisdiction in New York. Each of the parties
hereto, to the extent it may do so under applicable law, hereby (a) irrevocably submits itself to
the non-exclusive jurisdiction of the courts of the State of New York sitting in the City of New
York and to the non-exclusive jurisdiction of the United States District Court for the Southern
District of New York, for the purposes of any suit, action or other proceeding arising out of this
Agreement, the subject matter hereof or any of the transactions contemplated hereby brought by any
party or parties hereto, or their successors or permitted assigns and (b) waives, and agrees not to
assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding, that
the suit, action or proceeding is brought in an inconvenient forum, that the venue of the suit,
action or proceeding is improper or that this Agreement or the subject matter hereof or any of the
transactions contemplated hereby may not be enforced in or by such courts.

          SECTION 13. Waiver of Jury Trial Right. EACH OF THE DEPOSITARY AND THE ESCROW AGENT
ACKNOWLEDGES AND ACCEPTS THAT IN ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
AGREEMENT SUCH PARTY IRREVOCABLY WAIVES ITS RIGHT TO A TRIAL BY JURY.

          SECTION 14. Counterparts. This Agreement may be executed in one or more counterparts,
all of which taken together shall constitute one instrument.

          SECTION 15. Rights of Receiptholders. The Depositary acknowledges that, if the
Depositary shall fail to pay when due hereunder any interest on the Deposits or the Final
Withdrawal, the “Receiptholders” (as defined in the Escrow and Paying Agent Agreement) shall

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have the right to claim directly against the Depositary and that any such claim shall not be
subject to defenses that the Depositary may have against the Escrow Agent.

          SECTION 16. Limitation on Damages. In no event shall the Depositary be responsible or
liable for special, indirect, punitive, or consequential loss or damage of any kind whatsoever
(including, but not limited to, loss of profit, whether or not foreseeable) suffered by Escrow
Agent or any of the Receiptholders (as defined in the Escrow and Paying Agent Agreement) in
connection with this Agreement or the transaction contemplated or any relationships established by
this Agreement irrespective of whether the Depositary has been advised of the likelihood of such
loss or damage and regardless of the form of action.

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          IN WITNESS WHEREOF, the Escrow Agent and the Depositary have caused this Deposit Agreement to
be duly executed as of the day and year first above written.

	 	 	 	 	 
	 	WELLS FARGO BANK NORTHWEST,

NATIONAL ASSOCIATION,

     as Escrow Agent

 	 
	 	By  	/s/  Scott Rosevear
 	 
	 	 	Name:  	Scott Rosevear 	 
	 	 	Title:  	Vice President 	 
	 
	 	THE BANK OF NEW YORK MELLON,

     as Depositary

 	 
	 	By  	/s/ Mary Miselis
 	 
	 	 	Name:  	Mary Miselis 	 
	 	 	Title:  	Vice President 	 
	 

Deposit Agreement (Class B)

 

 

Schedule I

Schedule of Deposits

Class B

	 	 	 	 	 	 	 	 	 
	Aircraft Type	 	Deposit Amount	 	Account No.
	Airbus A320-214
	 	$	6,909,000	 	 	 	631665	 
	Airbus A321-231
	 	$	7,895,000	 	 	 	631666	 
	Airbus A321-231
	 	$	7,928,000	 	 	 	631667	 
	Airbus A321-231
	 	$	7,946,000	 	 	 	631668	 
	Airbus A321-231
	 	$	8,034,000	 	 	 	631669	 
	Airbus A321-231
	 	$	8,042,000	 	 	 	631670	 
	Airbus A330-243
	 	$	15,311,000	 	 	 	631671	 
	Airbus A330-243
	 	$	15,333,000	 	 	 	631672	 

 

 

EXHIBIT A

NOTICE OF PURCHASE WITHDRAWAL

The Bank of New York Mellon

101 Barclay Street, Floor 8W

New York, New York 10286

Attention: Corporate Finance, Mary Miselis, Vice President

Reference: US Airways 2010-1

Telecopier: (212)815-5704

Gentlemen:

          Reference is made to the Deposit Agreement (Class B) dated as of December 21, 2010 (the
“Deposit Agreement”) between Wells Fargo Bank Northwest, National Association, as Escrow
Agent, and The Bank of New York Mellon, as Depositary (the “Depositary”).

          In accordance with Section 2.3(a) of the Deposit Agreement, the undersigned hereby requests
the withdrawal of the entire amount of the Deposit,
$[_________], Account No. _____________.

          The undersigned hereby directs the Depositary to pay the entire amount of the
Deposit to                                         , Account No.                    , Reference:           
           on                           , 20     , upon the telephonic request of a
representative of the Pass Through Trustee.

	 	 	 	 	 
	 	WELLS FARGO BANK NORTHWEST,

     NATIONAL ASSOCIATION,

     as Escrow Agent

 	 
	 	By  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:______________, 20_

 

 

EXHIBIT B

NOTICE OF FINAL WITHDRAWAL

The Bank of New York Mellon

101 Barclay Street, Floor 8W

New York, New York 10286

Attention: Corporate Finance, Mary Miselis, Vice President

Reference: US Airways 2010-1

Telecopier: (212) 815-5704

Gentlemen:

          Reference is made to the Deposit Agreement (Class B) dated as of December 21, 2010 (the
“Deposit Agreement”) between Wells Fargo Bank Northwest, National Association, as Escrow
Agent, and The Bank of New York Mellon, as Depositary (the “Depositary”).

          In accordance with Section 2.3(b)(i) of the Deposit Agreement, the undersigned hereby requests
the withdrawal of the entire amount of all Deposits.

          The undersigned hereby directs the Depositary to pay the entire amount of the Deposits and
accrued interest thereon to the Paying Agent at Wilmington Trust Company, ABA# 031100092, Account
No.                                        , Reference: US Airways 2010-1.

	 	 	 	 	 
	 	WELLS FARGO BANK NORTHWEST,

     NATIONAL ASSOCIATION,

     as Escrow Agent

 	 
	 	By  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated: ______________, 20_

 

 

EXHIBIT C

NOTICE OF REPLACEMENT WITHDRAWAL

The Bank of New York Mellon

101 Barclay Street, Floor 8W

New York, New York 10286

Attention: Corporate Finance, Mary Miselis, Vice President

Reference: US Airways 2010-1

Telecopier: (212)815-5704

Gentlemen:

          Reference is made to the Deposit Agreement (Class B) dated as of December 21, 2010 (the
“Deposit Agreement”) between Wells Fargo Bank Northwest, National Association, as Escrow
Agent, and The Bank of New York Mellon, as Depositary (the “Depositary”).

          In accordance with Section 2.3(b)(ii) of the Deposit Agreement, the undersigned hereby
requests the withdrawal of the entire amount of all Deposits.

          The undersigned hereby directs the Depositary to pay the entire amount of the Deposits and
accrued interest thereon to [                                        ], Reference: US Airways 2010-1.

	 	 	 	 	 
	 	WELLS FARGO BANK NORTHWEST,

     NATIONAL ASSOCIATION,

     as Escrow Agent

 	 
	 	By  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated: ________________, 20_exv4w11

Exhibit 4.11

EXECUTION VERSION

ESCROW AND PAYING AGENT AGREEMENT

(Class A)

Dated as of December 21, 2010

among

WELLS FARGO BANK NORTHWEST, NATIONAL ASSOCIATION,

as Escrow Agent

MORGAN STANLEY & CO. INCORPORATED,

CITIGROUP GLOBAL MARKETS INC.

and

CREDIT SUISSE SECURITIES (USA) LLC,

as representatives of the several Underwriters

WILMINGTON TRUST COMPANY,

not in its individual capacity,

but solely as Pass Through Trustee

for and on behalf of

US Airways Pass Through Trust 2010-1A-O

and

WILMINGTON TRUST COMPANY,

as Paying Agent

 

 

TABLE OF CONTENTS

	 	 	 	 	 

	SECTION 1. Escrow Agent
	 	 	2	 
	 
	 	 	 	 
	Section 1.01. Appointment of Escrow Agent
	 	 	2	 
	Section 1.02. Instruction; Etc
	 	 	3	 
	Section 1.03. Initial Escrow Amount; Issuance of Escrow Receipts
	 	 	4	 
	Section 1.04. Payments to Receiptholders
	 	 	4	 
	Section 1.05. Mutilated, Destroyed, Lost or Stolen Escrow Receipt
	 	 	4	 
	Section 1.06. Additional Escrow Amounts
	 	 	6	 
	Section 1.07. Resignation or Removal of Escrow Agent
	 	 	6	 
	Section 1.08. Persons Deemed Owners
	 	 	6	 
	Section 1.09. Further Assurances
	 	 	6	 
	 
	 	 	 	 
	SECTION 2. Paying Agent
	 	 	6	 
	 
	 	 	 	 
	Section 2.01. Appointment of Paying Agent
	 	 	6	 
	Section 2.02. Establishment of Paying Agent Account
	 	 	7	 
	Section 2.03. Payments from Paying Agent Account
	 	 	7	 
	Section 2.04. Withholding Taxes
	 	 	8	 
	Section 2.05. Resignation or Removal of Paying Agent
	 	 	8	 
	Section 2.06. Notice of Final Withdrawal
	 	 	8	 
	 
	 	 	 	 
	SECTION 3. Payments
	 	 	9	 
	 
	 	 	 	 
	SECTION 4. Other Actions
	 	 	9	 
	 
	 	 	 	 
	SECTION 5. Representations and Warranties of the Escrow Agent
	 	 	9	 
	 
	 	 	 	 
	SECTION 6. Representations and Warranties of the Paying Agent
	 	 	10	 
	 
	 	 	 	 
	SECTION 7. Indemnification
	 	 	12	 
	 
	 	 	 	 
	SECTION 8. Amendment, Etc
	 	 	12	 
	 
	 	 	 	 
	SECTION 9. Notices
	 	 	12	 
	 
	 	 	 	 
	SECTION 10. Transfer
	 	 	13	 
	 
	 	 	 	 
	SECTION 11. Entire Agreement
	 	 	13	 
	 
	 	 	 	 
	SECTION 12. Governing Law
	 	 	13	 
	 
	 	 	 	 
	SECTION 13. Waiver of Jury Trial Right
	 	 	13	 
	 
	 	 	 	 
	SECTION 14. Counterparts
	 	 	14	 
	 
	 	 	 	 
	SECTION 15. Rights of Holders
	 	 	14	 

 

 

	 	 	 	 	 

	Exhibit A            Escrow Receipt
	 	 	 	 
	 
	 	 	 	 
	Exhibit B            Withdrawal Certificate
	 	 	 	 

 

 

ESCROW AND PAYING AGENT AGREEMENT (Class A) dated as of December 21, 2010, (as amended, modified or
supplemented from time to time, this “Agreement”) among WELLS FARGO BANK NORTHWEST,
NATIONAL ASSOCIATION, a national banking association, as Escrow Agent (in such capacity, together
with its successors in such capacity, the “Escrow Agent”); MORGAN STANLEY & CO.
INCORPORATED, CITIGROUP GLOBAL MARKETS INC. and CREDIT SUISSE SECURITIES (USA) LLC, as
representatives of the several Underwriters of the Certificates referred to below (the
“Underwriters” and together with their respective transferees and assigns as registered
owners of the Certificates, the “Investors”) under the Underwriting Agreement referred to
below; WILMINGTON TRUST COMPANY, not in its individual capacity except as otherwise expressly
provided herein, but solely as trustee (in such capacity, together with its successors in such
capacity, the “Pass Through Trustee”) under the Pass Through Trust Agreement referred to
below; and WILMINGTON TRUST COMPANY, as paying agent hereunder (in such capacity, together with its
successors in such capacity, the “Paying Agent”).

WITNESSETH

          WHEREAS, US Airways, Inc. (“US Airways”) and the Pass Through Trustee have entered
into a Trust Supplement, dated as of December 21, 2010 (the “Trust Supplement”), to the
Pass Through Trust Agreement, dated as of December 21, 2010 (together, as amended, modified or
supplemented from time to time in accordance with the terms thereof, the “Pass Through Trust
Agreement”) relating to US Airways Pass Through Trust 2010-1A-O (the “Pass Through
Trust”) pursuant to which the US Airways Pass Through Trust, Series 2010-1A-O Certificates
referred to therein (the “Certificates”) are being issued (the date of such issuance, the
“Issuance Date”);

          WHEREAS, US Airways and the Underwriters have entered into an Underwriting Agreement dated as
of December 15, 2010 (as amended, modified or supplemented from time to time in accordance with the
terms thereof, the “Underwriting Agreement”) pursuant to which the Pass Through Trustee
will issue and sell the Certificates to the Underwriters;

          WHEREAS, US Airways, the Pass Through Trustee, another other pass through trustee and certain
other persons concurrently herewith are entering into the Note Purchase Agreement, dated as of the
date hereof (the “Note Purchase Agreement”), pursuant to which the Pass Through Trustee has
agreed to acquire from time to time on or prior to the Delivery Period Termination Date (as defined
in the Note Purchase Agreement) equipment notes (the “Equipment Notes”) issued to finance
certain aircraft currently owned by US Airways and certain other aircraft to be acquired by US
Airways, as owner, utilizing a portion of the proceeds from the sale of the Certificates (the
“Net Proceeds”);

          WHEREAS, the Underwriters and the Pass Through Trustee intend to create an escrow and that the
Net Proceeds be held in escrow by the Escrow Agent on behalf of the Investors, subject to
withdrawal upon request by the Pass Through Trustee and satisfaction of the conditions set forth in
the Note Purchase Agreement for the purpose of purchasing Equipment Notes, and that pending such
withdrawal the Net Proceeds be deposited on behalf of the Escrow Agent with The Bank of New York
Mellon, as Depositary (the “Depositary”, which shall also be deemed to refer to any
Replacement Depositary (as defined in the Note Purchase Agreement)

 

 

from and after the date on which
the Deposits are transferred to such Replacement Depositary) under the Deposit Agreement, dated as
of the date hereof between the Depositary and the Escrow
Agent relating to the Pass Through Trust (as amended, modified, supplemented or replaced from
time to time in accordance with the terms thereof, the “Deposit Agreement”, which shall
also be deemed to refer to any Replacement Deposit Agreement (as defined in the Note Purchase
Agreement) to which the Escrow Agent becomes a party pursuant to Section 1.02(a) hereof from and
after the transfer of the Deposits from the Depositary to the Replacement Depositary) pursuant to
which, among other things, the Depositary will pay interest for distribution to the Investors and
establish accounts from which the Escrow Agent shall make withdrawals upon request of and proper
certification by the Pass Through Trustee;

          WHEREAS, the Escrow Agent wishes to appoint the Paying Agent to pay amounts required to be
distributed to the Investors in accordance with this Agreement; and

          WHEREAS, capitalized terms used but not defined herein shall have the meanings ascribed to
such terms in the Pass Through Trust Agreement.

          NOW, THEREFORE, in consideration of the obligations contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
hereto hereby agree as follows:

          SECTION 1. Escrow Agent.

          Section 1.01. Appointment of Escrow Agent.

Each of the Underwriters, for and on behalf of each of the Investors, hereby irrevocably
appoints, authorizes and directs the Escrow Agent to act as escrow agent and fiduciary hereunder
and under the Deposit Agreement for such specific purposes and with such powers as are specifically
delegated to the Escrow Agent by the terms of this Agreement, together with such other powers as
are reasonably incidental thereto. Any and all money received and held by the Escrow Agent under
this Agreement or the Deposit Agreement shall be held in escrow by the Escrow Agent in accordance
with the terms of this Agreement. This Agreement is irrevocable and the Investors’ and the Pass
Through Trustee’s rights with respect to any monies received and held in escrow by the Escrow Agent
under this Agreement or the Deposit Agreement shall only be as provided under the terms and
conditions of this Agreement and the Deposit Agreement. The Escrow Agent (which term as used in
this sentence shall include reference to its affiliates and its own and its affiliates’ officers,
directors, employees and agents): (a) shall have no duties or responsibilities except those
expressly set forth in this Agreement; (b) shall not be responsible to the Pass Through Trustee or
the Investors for any recitals, statements, representations or warranties of any person other than
itself contained in this Agreement or the Deposit Agreement or for the failure by the Pass Through
Trustee, the Investors or any other person or entity (other than the Escrow Agent) to perform any
of its obligations hereunder (whether or not the Escrow Agent shall have any knowledge thereof);
and (c) shall not be responsible for any action taken or omitted to be taken by it hereunder or
provided for herein or in connection herewith, except for its own willful misconduct or gross
negligence (or simple negligence in connection with the handling of funds).

2

 

          Section 1.02. Instruction; Etc. The Underwriters, for and on behalf of each of the Investors, hereby irrevocably instruct the
Escrow Agent, and the Escrow Agent agrees:

          (a) to enter into the Deposit Agreement, and, if requested by the Company pursuant to
Section 4(a)(vi) of the Note Purchase Agreement, to enter into a Replacement Deposit
Agreement with the Replacement Depositary specified by the Company;

          (b) to appoint the Paying Agent as provided in this Agreement;

          (c) upon receipt at any time and from time to time prior to the Termination Date (as
defined below) of a certificate substantially in the form of Exhibit B hereto (a
“Withdrawal Certificate”) executed by the Pass Through Trustee, together with an
attached Notice of Purchase Withdrawal in substantially the form of Exhibit A to the Deposit
Agreement duly completed by the Pass Through Trustee (the “Applicable Notice of Purchase
Withdrawal” and the withdrawal to which it relates, a “Purchase Withdrawal”),
immediately to execute the Applicable Notice of Purchase Withdrawal as Escrow Agent and
transmit it to the Depositary by facsimile transmission in accordance with the Deposit
Agreement; provided that, upon the request of the Pass Through Trustee after such
transmission, the Escrow Agent shall cancel such Applicable Notice of Purchase Withdrawal;

          (d) upon receipt of a Withdrawal Certificate executed by the Pass Through Trustee,
together with an attached Notice of Replacement Withdrawal in substantially the form of
Exhibit C to the Deposit Agreement duly completed by the Pass Through Trustee, to:

          (X) give such Notice of Replacement Withdrawal to the Depositary requesting a
withdrawal, on the date specified in such notice, which shall not be less than five
Business Days after such notice is given (the “Replacement Withdrawal
Date”), of all Deposits then held by the Depositary together with all accrued
and unpaid interest on such Deposits to but excluding the Replacement Withdrawal
Date; and

          (Y) direct the Depositary to transfer such Deposits and accrued interest on
behalf of the Escrow Agent to the Replacement Depositary in accordance with the
Replacement Deposit Agreement; and

          (e) if there are any undrawn Deposits (as defined in the Deposit Agreement) on the
“Termination Date”, which shall mean the earlier of (i) January 21, 2011, and (ii)
the day on which the Escrow Agent receives notice from the Pass Through Trustee that the
Pass Through Trustee’s obligation to purchase Equipment Notes under the Note Purchase
Agreement has terminated, to immediately give notice to the Depositary (with a copy to the
Paying Agent) substantially in the form of Exhibit B to the Deposit Agreement requesting a
withdrawal of all of the remaining Deposits, together with accrued and unpaid interest on
such Deposits to the date of withdrawal, on the 25th day after the date that such
notice of withdrawal is given to the Depositary (or, if not a Business Day, on the next
succeeding Business Day) (a “Final Withdrawal”), provided
that if the day scheduled for the Final Withdrawal in accordance with the foregoing is

3

 

within 10 days before or after a Regular Distribution Date, then the Escrow Agent shall
request that such requested Final Withdrawal be made on such Regular Distribution Date (the
date of such requested withdrawal, the “Final Withdrawal Date”).

If for any reason the Escrow Agent shall have failed to give the Final Withdrawal Notice to the
Depositary on or before January 31, 2011, and there are unwithdrawn Deposits on such date, the
Final Withdrawal Date shall be deemed to be February 21, 2011.

          Section 1.03. Initial Escrow Amount; Issuance of Escrow Receipts. The Escrow Agent hereby directs the Underwriters to, and the Underwriters hereby acknowledge
that on the date hereof they shall, irrevocably deliver to the Depositary on behalf of the Escrow
Agent, an amount in U.S. dollars (“Dollars”) and immediately available funds equal to
$262,857,000 for deposit on behalf of the Escrow Agent with the Depositary in accordance with
Section 2.1 of the Deposit Agreement. The Underwriters hereby instruct the Escrow Agent, upon
receipt of such sum from the Underwriters, to confirm such receipt by executing and delivering to
the Pass Through Trustee an Escrow Receipt in the form of Exhibit A hereto (an “Escrow
Receipt”), (a) to be affixed by the Pass Through Trustee to each Certificate and (b) to
evidence the same percentage interest (the “Escrow Interest”) in the Account Amounts (as
defined below) as the Fractional Undivided Interest in the Pass Through Trust evidenced by the
Certificate to which it is to be affixed. The Escrow Agent shall provide to the Pass Through
Trustee for attachment to each Certificate newly issued under and in accordance with the Pass
Through Trust Agreement an executed Escrow Receipt as the Pass Through Trustee may from time to
time request of the Escrow Agent. Each Escrow Receipt shall be registered by the Escrow Agent in a
register (the “Register”) maintained by the Escrow Agent in the name of the same holder
that is the holder of the Certificate to which it is attached and may not thereafter be detached
from such Certificate to which it is to be affixed prior to the distribution of the Final
Withdrawal (the “Final Distribution”). After the Final Distribution, no additional Escrow
Receipts shall be issued and the Pass Through Trustee shall request the return to the Escrow Agent
for cancellation of all outstanding Escrow Receipts.

          Section 1.04. Payments to Receiptholders. All payments and distributions made to holders of an Escrow Receipt (collectively
“Receiptholders”) in respect of the Escrow Receipt shall be made only from amounts
deposited in the Paying Agent Account (as defined below) (“Account Amounts”). Each
Receiptholder, by its acceptance of an Escrow Receipt, agrees that (a) it will look solely to the
Account Amounts for any payment or distribution due to such Receiptholder pursuant to the terms of
the Escrow Receipt and this Agreement (subject to Section 15 hereof) and (b) it will have no
recourse to US Airways, the Pass Through Trustee, the Paying Agent or the Escrow Agent, except as
expressly provided herein or in the Pass Through Trust Agreement. No Receiptholder shall have any
right to vote or in any manner otherwise control the operation and management of the Paying Agent
Account or the obligations of the parties hereto, nor shall anything set forth herein, or contained
in the terms of the Escrow Receipt, be construed so as to constitute the Receiptholders from time
to time as partners or members of an association.

          Section 1.05. Mutilated, Destroyed, Lost or Stolen Escrow Receipt. If (a) any mutilated Escrow Receipt is surrendered to the Escrow Agent or the Escrow Agent
receives evidence to its satisfaction of the destruction, loss or theft of any Escrow Receipt and
(b) there is delivered to the Escrow Agent and the Pass Through Trustee such security, indemnity or
bond,

4

 

as may be required by them to hold each of them harmless, then, absent notice to the Escrow
Agent or the Pass Through Trustee that such destroyed, lost or stolen Escrow Receipt has been
acquired by a bona fide purchaser, and provided that the requirements of Section 8-405 of the
Uniform Commercial Code in effect in any applicable jurisdiction are met, the Escrow Agent shall
execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed,
lost or stolen Escrow Receipt, a new Escrow Receipt or Escrow Receipts and of like Escrow Interest
in the Account Amounts and bearing a number not contemporaneously outstanding.

          In connection with the issuance of any new Escrow Receipt under this Section 1.05, the Escrow
Agent may require the payment of a sum sufficient to cover any tax or other governmental charge
that may be imposed in relation thereto and any other expenses (including the fees and expenses of
the Pass Through Trustee and the Escrow Agent) connected therewith.

          Any duplicate Escrow Receipt issued pursuant to this Section 1.05 shall constitute conclusive
evidence of the appropriate Escrow Interest in the Account Amounts, as if originally issued,
whether or not the lost, stolen or destroyed Escrow Receipt shall be found at any time.

          The provisions of this Section are exclusive and shall preclude (to the extent lawful) all
other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost
or stolen Escrow Receipts.

5

 

          Section 1.06. Additional Escrow Amounts. On the date of any Purchase Withdrawal, the Pass Through Trustee may re-deposit with the
Depositary some or all of the amounts so withdrawn in accordance with Section 2.4 of the Deposit
Agreement.

          Section 1.07. Resignation or Removal of Escrow Agent. Subject to the appointment and acceptance of a successor Escrow Agent as provided below, the
Escrow Agent may resign at any time by giving 30 days’ prior written notice thereof to the
Investors, but may not otherwise be removed except for cause by the written consent of the
Investors with respect to Investors representing Escrow Interests aggregating not less than a
majority in interest in the Account Amounts (an “Action of Investors”). Upon any such
resignation or removal, the Investors, by an Action of Investors, shall have the right to appoint a
successor Escrow Agent. If no successor Escrow Agent shall have been so appointed and shall have
accepted such appointment within 30 days after the retiring Escrow Agent’s giving of notice of
resignation or the removal of the retiring Escrow Agent, then the retiring Escrow Agent may appoint
a successor Escrow Agent. Any successor Escrow Agent shall be a bank which has an office in the
United States with a combined capital and surplus of at least $100,000,000. Upon the acceptance of
any appointment as Escrow Agent hereunder by a successor Escrow Agent, such successor Escrow Agent
shall enter into such documents as the Pass Through Trustee shall require and shall thereupon
succeed to and become vested with all the rights,
powers, privileges and duties of the retiring Escrow Agent, and the retiring Escrow Agent shall be
discharged from its duties and obligations hereunder. No resignation or removal of the Escrow
Agent shall be effective unless a written confirmation shall have been obtained from each of
Moody’s Investors Service, Inc. and Standard & Poor’s Ratings Services, a Standard & Poor’s
Financial Services LLC business, that the replacement of the Escrow Agent with the successor Escrow
Agent will not result in (a) a reduction of the rating for the Certificates below the then current
rating for the Certificates or (b) a withdrawal or suspension of the rating of the Certificates.

          Section 1.08. Persons Deemed Owners. Prior to due presentment of a Certificate for registration of transfer, the Escrow Agent and
the Paying Agent may treat the Person in whose name any Escrow Receipt is registered (as of the day
of determination) as the owner of such Escrow Receipt for the purpose of receiving distributions
pursuant to this Agreement and for all other purposes whatsoever, and neither the Escrow Agent nor
the Paying Agent shall be affected by any notice to the contrary.

          Section 1.09. Further Assurances. The Escrow Agent agrees to take such actions, and execute such other documents, as may be
reasonably requested by the Pass Through Trustee in order to effectuate the purposes of this
Agreement and the performance by the Escrow Agent of its obligations hereunder.

          SECTION 2. Paying Agent.

          Section 2.01. Appointment of Paying Agent. The Escrow Agent hereby irrevocably
appoints and authorizes the Paying Agent to act as its paying agent hereunder, for the benefit of
the Investors, for such specific purposes and with such powers as are specifically delegated to the
Paying Agent by the terms of this Agreement, together with such other powers as are reasonably
incidental thereto. Any and all money received and held by the Paying Agent under this Agreement
or the Deposit Agreement shall be held in the Paying Agent Account for the benefit of the
Investors. The Paying Agent (which term as used in this sentence shall

6

 

include reference to its
affiliates and its own and its affiliates’ officers, directors, employees and agents): (a) shall
have no duties or responsibilities except those expressly set forth in this Agreement, and shall
not by reason of this Agreement be a trustee for the Escrow Agent; (b) shall not be responsible to
the Escrow Agent for any recitals, statements, representations or warranties of any person other
than itself contained in this Agreement or for the failure by the Escrow Agent or any other person
or entity (other than the Paying Agent) to perform any of its obligations hereunder (whether or not
the Paying Agent shall have any knowledge thereof); and (c) shall not be responsible for any action
taken or omitted to be taken by it hereunder or provided for herein or in connection herewith,
except for its own willful misconduct or gross negligence (or simple negligence in connection with
the handling of funds).

          Section 2.02. Establishment of Paying Agent Account. The Paying Agent shall establish a deposit account (the “Paying Agent Account”) at
Wilmington Trust Company in the name of the Escrow Agent. It is expressly understood by the
parties hereto that the Paying Agent is acting as the paying agent of the Escrow Agent hereunder
and that no amounts on deposit in the Paying Agent Account constitute part of the Trust Property.

          Section 2.03. Payments from Paying Agent Account. The Escrow Agent hereby irrevocably instructs the Paying Agent, and the Paying Agent agrees to
act, as follows:

          (a) On each Interest Payment Date (as defined in the Deposit Agreement) or as soon
thereafter as the Paying Agent has confirmed receipt in the Paying Agent Account from the
Depositary of any amount in respect of accrued interest on the Deposits, the Paying Agent
shall distribute out of the Paying Agent Account the entire amount deposited therein by the
Depositary. There shall be so distributed to each Receiptholder of record on the 15th day
(whether or not a Business Day) preceding such Interest Payment Date by check mailed to such
Receiptholder, at the address appearing in the Register, such Receiptholder’s pro rata share
(based on the Escrow Interest in the Account Amounts held by such Receiptholder) of the
total amount of interest deposited by the Depositary in the Paying Agent Account on such
date, except that, with respect to Escrow Receipts registered on the Record Date in the name
of The Depository Trust Company (“DTC”), such distribution shall be made by wire
transfer in immediately available funds to the account designated by DTC.

          (b) Upon the confirmation by the Paying Agent of receipt in the Paying Agent Account
from the Depositary of any amount in respect of the Final Withdrawal, the Paying Agent shall
forthwith distribute the entire amount of the Final Withdrawal deposited therein by the
Depositary. There shall be so distributed to each Receiptholder of record on the 15th day
(whether or not a Business Day) preceding the Final Withdrawal Date by check mailed to such
Receiptholder, at the address appearing in the Register, such Receiptholder’s pro rata share
(based on the Escrow Interest in the Account Amounts held by such Receiptholder) of the
total amount in the Paying Agent Account on account of such Final Withdrawal, except that,
with respect to Escrow Receipts registered on the Record Date in the name of DTC, such
distribution shall be made by wire transfer in immediately available funds to the account
designated by DTC.

          (c) If any payment of interest or principal in respect of the Final Withdrawal is not
received by the Paying Agent within five days of the applicable date

7

 

when due, then it shall
be distributed to Receiptholders after actual receipt by the Paying Agent on the same basis
as a Special Payment is distributed under the Pass Through Trust Agreement.

          (d) The Paying Agent shall include with any check mailed pursuant to this Section any
notice required to be distributed under the Pass Through Trust Agreement that is furnished
to the Paying Agent by the Pass Through Trustee.

          Section 2.04. Withholding Taxes. The Paying Agent shall exclude and withhold from each distribution of accrued interest on the
Deposits (as defined in the Deposit Agreement) and any amount in respect of the Final Withdrawal
any and all withholding taxes applicable thereto as required by law. The Paying Agent agrees to
act as such withholding agent and, in connection therewith, whenever any present or future taxes or
similar charges are required to be withheld with respect to any amounts payable in respect of the
Deposits (as defined in the Deposit Agreement) or the escrow amounts, to withhold such amounts and
timely pay the same to the appropriate authority in the name of and on behalf of the
Receiptholders, that it will file any necessary withholding tax returns or statements when due, and
that, as promptly as possible after the payment thereof, it will deliver to each such Receiptholder
appropriate documentation showing the payment thereof, together with such additional documentary
evidence as such Receiptholder may reasonably request from time to time. The Paying Agent agrees
to file any other information reports as it may be required to file under United States law.

          Section 2.05. Resignation or Removal of Paying Agent. Subject to the appointment and acceptance of a successor Paying Agent as provided below, the
Paying Agent may resign at any time by giving 30 days’ prior written notice thereof to the Escrow
Agent, but may not otherwise be removed except for cause by the Escrow Agent. Upon any such
resignation or removal, the Escrow Agent shall have the right to appoint a successor Paying Agent.
If no successor Paying Agent shall have been so appointed and shall have accepted such appointment
within 30 days after the retiring Paying Agent’s giving of notice of resignation or the removal of
the retiring Paying Agent, then the retiring Paying Agent may appoint a successor Paying Agent.
Any successor Paying Agent shall be a bank which has an office in the United States with a combined
capital and surplus of at least $100,000,000. Upon the acceptance of any appointment as Paying
Agent hereunder by a successor Paying Agent, such successor Paying Agent shall enter into such
documents as the Escrow Agent shall require and shall thereupon succeed to and become vested with
all the rights, powers, privileges and duties of the retiring Paying Agent, and the retiring Paying
Agent shall be discharged from its duties and obligations hereunder.

          Section 2.06. Notice of Final Withdrawal. Promptly after receipt by the Paying Agent of notice that the Escrow Agent has requested a
Final Withdrawal or that a Final Withdrawal will be made, the Paying Agent shall cause notice of
the distribution of the Final Withdrawal to be mailed to each of the Receiptholders at its address
as it appears in the Register. Such notice shall be mailed not less than 15 days prior to the
Final Withdrawal Date. Such notice shall set forth:

          (i) the Final Withdrawal Date and the date for determining Receiptholders of
record who shall be entitled to receive distributions in respect of the Final
Withdrawal,

8

 

          (ii) the amount of the payment in respect of the Final Withdrawal for each
$1,000 face amount Certificate (based on information provided by the Pass Through
Trustee) and the amount thereof constituting unused Deposits (as defined in the
Deposit Agreement) and interest thereon, and

          (iii) if the Final Withdrawal Date is the same date as a Regular Distribution
Date, the total amount to be received on such date for each $1,000 face amount
Certificate (based on information provided by the Pass Through Trustee).

          Such mailing may include any notice required to be given to Certificateholders in connection
with such distribution pursuant to the Pass Through Trust Agreement.

          SECTION 3. Payments. If, notwithstanding the instructions in Section 4 of the Deposit Agreement that all amounts
payable to the Escrow Agent under the Deposit Agreement be paid by the Depositary directly to the
Paying Agent, the Pass Through Trustee or a Replacement Depositary (depending on the
circumstances), the Escrow Agent receives any payment thereunder, then the Escrow Agent shall
forthwith pay such amount in Dollars and in immediately available funds by wire transfer to (a) in
the case of a payment of accrued interest on the Deposits (as defined in the Deposit Agreement) or
any Final Withdrawal, directly to the Paying Agent Account, (b) in the case of any Purchase
Withdrawal, directly to the Pass Through Trustee or its designee as specified and in the manner
provided in the Applicable Notice of Purchase Withdrawal and (c) in the case of any Replacement
Withdrawal, to the Replacement Depositary as provided in the Replacement Depositary Agreement. The
Escrow Agent hereby waives any and all rights of set-off, combination of accounts, right of
retention or similar right (whether arising under applicable law, contract or otherwise) it may
have against amounts payable to the Paying Agent howsoever arising.

          SECTION 4. Other Actions. The Escrow Agent shall take such other actions under or in respect of the Deposit Agreement
(including, without limitation, the enforcement of the obligations of the Depositary thereunder) as
the Investors, by an Action of Investors, may from time to time request.

          SECTION 5. Representations and Warranties of the Escrow Agent. The Escrow Agent represents and warrants to US Airways, the Investors, the Paying Agent and
the Pass Through Trustee as follows:

          (i) it is a national banking association duly organized and validly existing in
good standing under the laws of the United States of America;

          (ii) it has full power, authority and legal right to conduct its business and
operations as currently conducted and to enter into and perform its obligations
under this Agreement, the Deposit Agreement and any Replacement Deposit Agreement;

          (iii) the execution, delivery and performance of each of this Agreement, the
Deposit Agreement and any Replacement Deposit Agreement have been duly authorized by
all necessary corporate action on the part of it and

9

 

do not require any stockholder
approval, or approval or consent of any trustee or holder of any indebtedness or
obligations of it, and each such document (other than a Replacement Deposit
Agreement) has been duly executed and delivered by
it and constitutes its legal, valid and binding obligations enforceable against
it in accordance with the terms hereof or thereof except as such enforceability may
be limited by bankruptcy, insolvency, moratorium, reorganization or other similar
laws or equitable principles of general application to or affecting the enforcement
of creditors’ rights generally (regardless of whether such enforceability is
considered in a proceeding in equity or at law);

          (iv) no authorization, consent or approval of or other action by, and no notice
to or filing with, any United States federal or state governmental authority or
regulatory body is required for the execution, delivery or performance by it of this
Agreement, the Deposit Agreement or any Replacement Deposit Agreement;

          (v) neither the execution, delivery or performance by it of this Agreement, the
Deposit Agreement or any Replacement Deposit Agreement, nor compliance with the
terms and provisions hereof or thereof, conflicts or will conflict with or results
or will result in a breach or violation of any of the terms, conditions or
provisions of, or will require any consent or approval under, any law, governmental
rule or regulation or the charter documents, as amended, or bylaws, as amended, of
it or any similar instrument binding on it or any order, writ, injunction or decree
of any court or governmental authority against it or by which it or any of its
properties is bound or any indenture, mortgage or contract or other agreement or
instrument to which it is a party or by which it or any of its properties is bound,
or constitutes or will constitute a default thereunder or results or will result in
the imposition of any lien upon any of its properties; and

          (vi) there are no pending or, to its knowledge, threatened actions, suits,
investigations or proceedings (whether or not purportedly on behalf of it) against
or affecting it or any of its property before or by any court or administrative
agency which, if adversely determined, (A) would adversely affect the ability of it
to perform its obligations under this Agreement, the Deposit Agreement or any
Replacement Deposit Agreement or (B) would call into question or challenge the
validity of this Agreement or the Deposit Agreement or the enforceability hereof or
thereof in accordance with the terms hereof or thereof, nor is the Escrow Agent in
default with respect to any order of any court, governmental authority, arbitration
board or administrative agency so as to adversely affect its ability to perform its
obligations under this Agreement or the Deposit Agreement.

          SECTION 6. Representations and Warranties of the Paying Agent. The Paying Agent represents and warrants to US Airways, the Investors, the Escrow Agent and
the Pass Through Trustee as follows:

10

 

          (i) it is a Delaware banking company duly organized and validly existing in
good standing under the laws of its jurisdiction of incorporation;

          (ii) it has full power, authority and legal right to conduct its business and
operations as currently conducted and to enter into and perform its obligations
under this Agreement;

          (iii) the execution, delivery and performance of this Agreement has been duly
authorized by all necessary corporate action on the part of it and does not require
any stockholder approval, or approval or consent of any trustee or holder of any
indebtedness or obligations of it, and such document has been duly executed and
delivered by it and constitutes its legal, valid and binding obligations enforceable
against it in accordance with the terms hereof except as such enforceability may be
limited by bankruptcy, insolvency, moratorium, reorganization or other similar laws
or equitable principles of general application to or affecting the enforcement of
creditors’ rights generally (regardless of whether such enforceability is considered
in a proceeding in equity or at law);

          (iv) no authorization, consent or approval of or other action by, and no notice
to or filing with, any United States federal or state governmental authority or
regulatory body is required for the execution, delivery or performance by it of this
Agreement;

          (v) neither the execution, delivery or performance by it of this Agreement, nor
compliance with the terms and provisions hereof, conflicts or will conflict with or
results or will result in a breach or violation of any of the terms, conditions or
provisions of, or will require any consent or approval under, any law, governmental
rule or regulation or the charter documents, as amended, or bylaws, as amended, of
it or any similar instrument binding on it or any order, writ, injunction or decree
of any court or governmental authority against it or by which it or any of its
properties is bound or any indenture, mortgage or contract or other agreement or
instrument to which it is a party or by which it or any of its properties is bound,
or constitutes or will constitute a default thereunder or results or will result in
the imposition of any lien upon any of its properties; and

          (vi) there are no pending or, to its knowledge, threatened actions, suits,
investigations or proceedings (whether or not purportedly on behalf of it) against
or affecting it or any of its property before or by any court or administrative
agency which, if adversely determined, (A) would adversely affect the ability of it
to perform its obligations under this Agreement or (B) would call into question or
challenge the validity of this Agreement or the enforceability hereof in accordance
with the terms hereof, nor is the Paying Agent in default with respect to any order
of any court, governmental authority, arbitration board or administrative agency so
as to adversely affect its ability to perform its obligations under this Agreement.

11

 

          SECTION 7. Indemnification. Except for actions expressly required of the Escrow Agent or the Paying Agent hereunder, each
of the Escrow Agent and the Paying Agent shall in all cases be fully justified in failing or
refusing to act hereunder unless it shall have been indemnified by the party requesting such action
in a manner reasonably satisfactory to it against any and all liability and expense which
may be incurred by it by reason of taking or continuing to take any such action. In the event US
Airways requests any amendment to any Operative Agreement (as defined in the Note Purchase
Agreement), the Pass Through Trustee agrees to pay all reasonable fees and expenses (including,
without limitation, fees and disbursements of counsel) of the Escrow Agent and the Paying Agent in
connection therewith.

          SECTION 8. Amendment, Etc. Upon request of the Pass Through Trustee and approval by an Action of Investors, the Escrow
Agent and Paying Agent shall enter into an amendment to this Agreement, so long as such amendment
does not adversely affect the rights or obligations of the Escrow Agent or the Paying Agent,
provided that upon request of the Pass Through Trustee and without any consent of the
Investors, the Escrow Agent and Paying Agent shall enter into an amendment to this Agreement for
any of the following purposes:

          (1) to correct or supplement any provision in this Agreement which may be defective or
inconsistent with any other provision herein or to cure any ambiguity or correct any mistake
or to modify any other provision with respect to matters or questions arising under this
Agreement, provided that any such action shall not materially adversely affect the
interests of the Investors; or

          (2) to comply with any requirement of the SEC, applicable law, rules or regulations of
any exchange or quotation system on which the Certificates are listed or any regulatory
body; or

          (3) to evidence and provide for the acceptance of appointment under this Agreement of a
successor Escrow Agent, successor Paying Agent or successor Pass Through Trustee.

          SECTION 9. Notices. Unless otherwise expressly provided herein, any notice or other communication under this
Agreement shall be in writing (including by facsimile) and shall be deemed to be given and
effective upon receipt thereof. All notices shall be sent to (a) in the case of the Investors, as
their respective addresses shall appear in the Register, (b) in the case of the Escrow Agent, Wells
Fargo Bank Northwest, National Association, 299 South Main Street, 12th Floor, Salt Lake City, UT
84111, Attention: Corporate Trust Services (Telecopier: (801) 246-5053), (c) in the case of the
Pass Through Trustee, Wilmington Trust Company, 1100 North Market Street, Wilmington, DE
19890-1605, Attention: Corporate Trust Administration (Telecopier: (302) 636-4140) or (d) in the
case of the Paying Agent, Wilmington Trust Company, 1100 North Market Street, Wilmington, DE
19890-1605, Attention: Corporate Trust Administration (Telecopier: (302) 636-4140), in each case
with a copy to US Airways, Inc., 111 West Rio Salado Parkway, Tempe, Arizona 85281, Attention: Vice
President and Treasurer Treasurer (Telecopier: (480) 693-5886) with a copy to: Deputy General
Counsel (Telecopier: (480) 693-5932) (or at such other address as any such party may specify from
time to time in a written notice to the other parties). On or prior to the execution of this
Agreement, the Pass Through Trustee has delivered to the Escrow Agent a certificate containing
specimen signatures of the representatives of the Pass Through Trustee who are authorized to give
notices and

12

 

instructions with respect to this Agreement. The
Escrow Agent may conclusively rely on such certificate until the Escrow Agent receives written
notice from the Pass Through Trustee to the contrary.

          The Escrow Agent shall notify the Receiptholders in the event of a default in the payment of
interest on the Deposits when due in accordance with the Deposit Agreement or a default in the
payment of any Final Withdrawal in accordance with the terms of the Deposit Agreement and this
Agreement and shall promptly forward to Receiptholders upon receipt copies of all written
communications relating to any payments due to the Receiptholders in respect of the Deposits.

          SECTION 10. Transfer. No party hereto shall be entitled to assign or otherwise transfer this Agreement (or any
interest herein) other than (in the case of the Escrow Agent) to a successor escrow agent under
Section 1.07 hereof or (in the case of the Paying Agent) to a successor paying agent under Section
2.05 hereof, and any purported assignment in violation thereof shall be void. This Agreement shall
be binding upon the parties hereto and their respective successors and (in the case of the Escrow
Agent and the Paying Agent) their respective permitted assigns. Upon the occurrence of the
Transfer (as defined below) contemplated by the Assignment and Assumption Agreement (as defined
below), the Pass Through Trustee shall (without further act) be deemed to have transferred all of
its right, title and interest in and to this Agreement to the trustee of the Successor Trust (as
defined below) and, thereafter, the trustee of the Successor Trust shall be deemed to be the “Pass
Through Trustee” hereunder with the rights and obligations of the “Pass Through Trustee” hereunder
and each reference herein to “US Airways Pass Through Trust 2010-1A-O” shall be deemed to be a
reference to “US Airways Pass Through Trust 2010-1A-S”. The parties hereto hereby acknowledge and
consent to the Transfer contemplated by the Assignment and Assumption Agreement. As used herein,
“Transfer” means the transfers of the assets to the Successor Trust contemplated by the
Assignment and Assumption Agreement; “Assignment and Assumption Agreement” means the
Assignment and Assumption Agreement to be entered into between the Pass Through Trustee and the
trustee of the Successor Trust, substantially in the form of Exhibit C to the Trust Supplement;
“Successor Trust” means the US Airways Pass Through Trust 2010-1A-S.

          SECTION 11. Entire Agreement. This Agreement sets forth all of the promises, covenants, agreements, conditions and
understandings among the Escrow Agent, the Paying Agent, the Underwriters and the Pass Through
Trustee with respect to the subject matter hereof, and supersedes all prior and contemporaneous
agreements and undertakings, inducements or conditions, express or implied, oral or written.

          SECTION 12. Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State
of New York.

          SECTION 13. Waiver of Jury Trial Right. EACH OF THE ESCROW AGENT, THE PAYING AGENT, THE INVESTORS AND THE PASS THROUGH TRUSTEE
ACKNOWLEDGES AND ACCEPTS THAT IN ANY SUIT,
ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT SUCH PARTY IRREVOCABLY WAIVES ITS
RIGHT TO A TRIAL BY JURY.

13

 

          SECTION 14. Counterparts. This Agreement may be executed in one or more counterparts, all of which taken together shall
constitute one instrument.

          SECTION 15. Rights of Holders. Each Receiptholder shall have the right (individually and without the need for any other
action of any Person, including the Escrow Agent or any other Receiptholder), upon any default in
the payment of interest on the Deposits when due by the Depositary in accordance with the Deposit
Agreement, or upon any default in the payment of the Final Withdrawal when due by the Depositary in
accordance with the terms of the Deposit Agreement and this Agreement, (i) to proceed directly
against the Depositary by making a demand to the Depositary for the portion of such payment that
would have been distributed to such Receiptholder pursuant to this Agreement or by bringing suit to
enforce payment of such portion and (ii) to enforce any other rights that the Escrow Agent may
have in respect of amounts due from the Depositary under the Deposit Agreement and this Agreement
that would have been distributed to such Receiptholder pursuant to this Agreement. Any recovery on
such enforcement action shall belong solely to the Receiptholder who brought such action, and not
to the Escrow Agent or any other Receiptholder individually or to Receiptholders as a group.

14

 

     IN WITNESS WHEREOF, the Escrow Agent, the Paying Agent, the Underwriters and the Pass Through
Trustee have caused this Escrow and Paying Agent Agreement (Class A) to be duly executed as of the
day and year first above written.

	 	 	 	 	 	 	 

	 	 	WELLS FARGO BANK NORTHWEST,

NATIONAL ASSOCIATION,

as Escrow Agent
	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Scott Rosevear
 

Name: Scott Rosevear
	 	 
	 

	 	 	 	Title: Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	MORGAN STANLEY & CO. INCORPORATED,	 	 
	 	 	CITIGROUP GLOBAL MARKETS INC., and	 	 
	 	 	CREDIT SUISSE SECURITIES (USA) LLC,	 	 
	 	 	as representatives of the several Underwriters	 	 
	 
	 	 	 	 	 	 
	 	 	MORGAN STANLEY & CO. INCORPORATED	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Thomas F. Cahill	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	Name: Thomas F. Cahill	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	CITIGROUP GLOBAL MARKETS INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Thomas Bliemel	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	Name: Thomas Bliemel	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	CREDIT SUISSE SECURITIES (USA) LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Thomas L. Smith	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	Name: Thomas L. Smith	 	 
	 

	 	 	 	Title: Managing Director	 	 

Escrow and Paying Agent Agreement (Class A)

 

 

	 	 	 	 	 	 	 

	 	 	WILMINGTON TRUST COMPANY, not in its	 	 
	 	 	individual capacity, but solely as Pass Through	 	 
	 	 	Trustee for and on behalf of US Airways Pass	 	 
	 	 	Through Trust 2010-1A-O	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Jose L. Paredes
 

	 	 
	 

	 	 	 	Name: Jose L. Paredes	 	 
	 

	 	 	 	Title: Assistant Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	WILMINGTON TRUST COMPANY,	 	 
	 	 	     as Paying Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	/s/ Jose L. Paredes
 

	 	 
	 

	 	 	 	Name: Jose L. Paredes	 	 
	 

	 	 	 	Title: Assistant Vice President	 	 

Escrow and Paying Agent Agreement (Class A)

 

 

EXHIBIT A

US AIRWAYS 2010-1A ESCROW RECEIPT

No. __

          This Escrow Receipt evidences a fractional undivided interest in amounts (“Account
Amounts”) from time to time deposited on behalf of the holder hereof into a certain paying
agent account (the “Paying Agent Account”) described in the Escrow and Paying Agent
Agreement (Class A) dated as of December 21, 2010 (as amended, modified or supplemented from time
to time, the “Escrow and Paying Agent Agreement”) among Wells Fargo Bank Northwest,
National Association, as Escrow Agent (in such capacity, together with its successors in such
capacity, the “Escrow Agent”), Morgan Stanley & Co. Incorporated, Citigroup Global Markets
Inc. and Credit Suisse Securities (USA) LLC, as representatives of the several Underwriters,
Wilmington Trust Company, as Pass Through Trustee (in such capacity, together with its successors
in such capacity, the “Pass Through Trustee”) and Wilmington Trust Company, as paying agent
(in such capacity, together with its successors in such capacity, the “Paying Agent”).
Capitalized terms not defined herein shall have the meanings assigned to them in the Escrow and
Paying Agent Agreement.

          This Escrow Receipt is issued under and is subject to the terms, provisions and conditions of
the Escrow and Paying Agent Agreement. By virtue of its acceptance hereof the holder of this
Escrow Receipt assents and agrees to be bound by the provisions of the Escrow and Paying Agent
Agreement and this Escrow Receipt.

          This Escrow Receipt represents a fractional undivided interest in amounts deposited from time
to time in the Paying Agent Account, and grants or represents no rights, benefits or interests of
any kind in respect of any assets or property other than such amounts. This Escrow Receipt
evidences the same percentage interest in the Account Amounts as the Fractional Undivided Interest
in the Pass Through Trust evidenced by the Certificate to which this Escrow Receipt is affixed.

          All payments and distributions made to Receiptholders in respect of the Escrow Receipt shall
be made only from Account Amounts deposited in the Paying Agent Account. The holder of this Escrow
Receipt, by its acceptance of this Escrow Receipt, agrees that it will look solely to the Account
Amounts for any payment or distribution due to it pursuant to this Escrow Receipt (or, in case the
Depositary shall default in its obligation to make a payment under the Deposit Agreement that would
be an Account Amount, to the Depositary) and that it will not have any recourse to US Airways, the
Pass Through Trustee, the Paying Agent or the Escrow Agent, except as expressly provided herein or
in the Pass Through Trust Agreement. No Receiptholder of this Escrow Receipt shall have any right
to vote or in any manner otherwise control the operation and management of the Paying Agent
Account, nor shall anything set forth herein, or contained in the terms of this Escrow Receipt, be
construed so as to constitute the Receiptholders from time to time as partners or members of an
association.

          This Escrow Receipt may not be assigned or transferred except in connection with the
assignment or transfer of the Certificate to which this Escrow Receipt is affixed. After payment
to the holder hereof of its Escrow Interest in the Final Distribution, upon the request of

 

 

the Pass Through Trustee, the holder hereof will return this Escrow Receipt to the Pass
Through Trustee.

          The Paying Agent may treat the person in whose name the Certificate to which this Escrow
Receipt is attached as the owner hereof for all purposes, and the Paying Agent shall not be
affected by any notice to the contrary.

          THIS ESCROW RECEIPT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK.

2

 

          IN WITNESS WHEREOF, the Escrow Agent has caused this Escrow Receipt to be duly executed.

Dated: [                    ], 20__

	 	 	 	 	 	 	 

	 	 	WELLS FARGO BANK NORTHWEST,	 	 
	 	 	NATIONAL ASSOCIATION,	 	 
	 	 	     
as Escrow Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

3

 

EXHIBIT B

WITHDRAWAL CERTIFICATE

(Class A)

Wells Fargo Bank Northwest, National Association

as Escrow Agent

Dear Sirs:

     Reference is made to the Escrow and Paying Agent Agreement, dated as of December 21, 2010 (the
“Agreement”). [We hereby certify to you that the conditions to the obligations of the undersigned
to execute a Participation Agreement pursuant to the Note Purchase Agreement have been satisfied]
[We hereby notify you that the Depositary is being replaced in accordance with Section 4(a)(vi) of
the Note Purchase Agreement]. Pursuant to Section [1.02(c)][1.02(d)] of the Agreement, please
execute the attached [Notice of Purchase Withdrawal][Notice of Replacement Withdrawal] and
immediately transmit by facsimile to the Depositary, at [                    ], Attention: [                    ].

	 	 	 	 	 	 	 

	 	 	Very truly yours,	 	 
	 
	 	 	WILMINGTON TRUST COMPANY,	 	 
	 	 	not in its individual capacity but	 	 
	 	 	solely as Pass Through Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

Dated:                     , 20__

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