Delta Airlines 2002 Annual Report Download - page 162

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(3) On October 22, 1998, the Board of Directors approved this plan. Each
non-employee director receives an annual grant of non-qualified stock
options. This plan provides that shares reserved for awards that are
forfeited may be added back to the shares available for future grants.
(4) In 1995, shareowners approved this plan, which provides that a portion
of each non-employee director's compensation for serving as a director
will be paid in shares of common stock. It also permits non-employee
directors to elect to receive all or a portion of their cash
compensation for service as a director in shares of common stock at
current market prices.
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