2003 EMPLOYEE PROFIT SHARING PLAN
The purpose of the 2003 American Airlines Employee Profit Sharing Plan (“Plan”) is to provide participating
employees with a sense of commitment to, and direct financial interest in, the success of American Airlines, Inc.
Capitalized terms not otherwise defined in the Plan will have the meanings set forth in the 1998 Long Term
Incentive Plan, as amended (the “LTIP”).
“AMR” is defined as AMR Corporation.
“Adjusted Investment” is defined as the sum of American’s notes payable, current maturities of long-term debt
and capital leases, long-term debt, capital leases, Present Value of Operating Leases, and stockholders’ equity,
and any accounting adjustments or extraordinary or unusual items which may be added or deducted at the
discretion of the Committee and are approved by the Board of Directors of AMR.
“Affiliate” is defined as a subsidiary of AMR or any entity that is designated by the Committee as a participating
employer under the Plan, provided that AMR directly or indirectly owns at least 20% of the combined voting
power of all classes of stock of such entity.
“American” is defined as AMR less AMR subsidiaries other than American Airlines, Inc. and its subsidiaries.
“Average Adjusted Investment” is defined as the sum of Adjusted Investment as of 12/31/02, 3/31/03, 6/30/03,
and 9/30/03, divided by four.
“Calculated Amortization of Operating Leases” is defined as the amortization expense associated with the
Capitalized Value of Operating Leases as if such leases were accounted for as capital leases, and is determined
by the straight-line method over the lease term.
“Capitalized Value of Operating Leases” is defined as the initial present value of the lease payments required
under American’s aircraft operating leases over the initial stated lease term, calculated using a discount rate of
Prime plus one percent.
“Committee” is defined as the AMR Incentive C