The board of the Allied Pilots Association must vote on the deal, which it is scheduled to consider tomorrow or Saturday.
The Allied Pilots Association, the independent union that represents American's 9,200 pilots, can appeal the decision.
The Allied Pilots Association, which has already put $10 million on deposit with the court, questioned the accounting and asked for three months to analyze it.
Leaders of the two unions would have to approve any agreement, as would the 9,000 members of the Allied Pilots Association.
The Allied Pilots Association had sponsored a resolution to give stockholders an advisory vote on executive compensation each year.
The airline said at the time the order was contingent on approval of the contract by the membership of the Allied Pilots Association.
The company and the Allied Pilots Association have been wrangling over the pact for more than two years.
The Allied Pilots Association, which represents pilots only at American, says its members should fly the jets.
The airline's management and the Allied Pilots Association have been negotiating a contract for 14 months but have made little headway.
That decision by the Allied Pilots Association is expected today.