The term exchange has the meaning given the terms in section 3 of the Securities Exchange Act of 1934 1( 15 U.S.C. 78c ). (B) National securities exchange The term national securities exchange means an exchange registered under section 6 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78f ). (b) Prohibition on use of funds for payments to shareholders or bondholders An air carrier receiving financial assistance under section 101 may not use the proceeds of such assistance to make any distribution of funds to shareholders or bondholders, including stock dividends. (c) Executive compensation (1) In general The President may provide financial assistance under section 101 to an air carrier only if such air carrier enters into a legally binding agreement with the President that, during the 10-year period following the date of enactment of this Act, the air carrier’s chief executive officer will receive, from the air carrier— (A) during any 12 consecutive months of such 10-year period, total compensation not in excess of an amount that is 50 times the median compensation earned by all employees of such air carrier in calendar year 2019