Delta Airlines 2003 Annual Report Download - page 269

amount of the applicable lump sum to such Company
Approved Annuity Provider, the Company shall pay such
Company Approved Annuity Provider the Excess Premium.
Key Employee shall be responsible for all taxes
incurred by Key Employee as the result of the
Company's payment of the Excess Premium. Key Employee
agrees that the Company shall have no fiduciary or
any other duty to Key Employee in selecting the
Company Approved Annuity Provider. Company shall in
no event be responsible or liable to Key Employee or
any other person for any failure of the Company
Approved Annuity Provider to pay to Key Employee or
his or her Spouse or Domestic Partner any amount due
under any Post Tax Supplemental Retirement Income
Annuity for any reason, including insolvency of the
Company Approved Annuity Provider.
6. Supplemental Disability Income. Subject to Section 10, the
Company agrees to pay Key Employee at the time set forth below
a supplemental monthly disability income ("Supplemental
Disability Income") equal to (a) minus (b), where
(a) equals the monthly short term disability benefit
which the Key Employee would receive under the
Disability and Survivorship Plan beginning on the
Benefit Commencement Date as if the Restrictions were
not in effect; and
(b) equals the monthly short term disability benefit
payable to Key Employee from the Disability and
Survivorship Plan beginning on the Benefit
Commencement Date taking the Restrictions into
account.
The amount of Supplemental Disability Income paid under this Agreement
will be adjusted as permitted under the Plan and if the amount in (b) above
increases or decreases as a result of a change in the Restrictions.
7. Supplemental Monthly Survivor Income. Subject to Section 10,
the Company agrees to pay to Eligible Family Member(s) (as defined in the
Disability and Survivorship Plan) of Key Employee at Key Employee's death a
supplemental monthly survivor income ("Supplemental Survivor Income") equal to
(a) minus (b), where
(a) equals the monthly survivor benefit which the
Eligible Family Member(s) of Key Employee would
receive under the Disability and Survivorship Plan
beginning on the Benefit Commencement Date (as
defined below) as if the Restrictions were not in
effect; and
(b) equals the monthly survivor benefit payable to
Eligible Family Member(s) of Key Employee under the
terms of the Disability and Survivorship Plan
beginning on the Benefit Commencement Date taking the
Restrictions into account.
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