Delta Airlines 2008 Annual Report Download - page 141

(A) Payment of COBRA Premiums. Delta will pay the premiums for medical, dental and/or vision COBRA coverage (but not for any
portion of the COBRA premium for any Healthcare Flexible Spending Account) for which a Participant and his eligible dependents
may be eligible, provided such COBRA coverage is properly elected by the Participant or his eligible dependents. Eligibility for
such payments shall continue until the earlier of: (i) the end of the Severance Period; or (ii) the date the Participant's or the
Participant's dependents' eligibility for COBRA coverage ceases as provided under COBRA and the terms of the Delta Account-
Based Healthcare Plan (or corresponding pilot or Affiliate plan, if applicable).
(B) Payment of Retiree Medical Premiums. To the extent applicable, if a Participant is eligible for special early, early or normal
retirement under the Company's retirement plan or policy at the time of the Severance Event, and the Participant or one or more of
his eligible dependents elects COBRA coverage instead of retiree medical and/or dental coverage, the above section entitled
"Payment of COBRA Premiums" will apply with respect to any Delta-paid COBRA premium. If the Participant or an eligible
dependent instead elects retiree medical and/or dental coverage, Delta will, in lieu of paying COBRA premiums as described
above, pay the retiree medical and/or dental premium for the Participant and/or his eligible dependents during the Severance
Period, provided that the Participant and/or his eligible dependents properly enroll for such coverage. If a Participant or his
dependents become ineligible for Delta retiree coverage for any reason or opt out of such coverage, all Delta paid coverage for that
person (or group of persons) will cease and Delta will have no responsibility to pay any further retiree medical and/or dental
premiums under the 2009 Plan; however the Participant or his dependents shall retain whatever rights they may have under any
other applicable Delta sponsored retiree medical plan or program.
(ii) Basic Life Insurance. Participants will also have their basic life insurance coverage under the Delta Family-Care Disability and Survivorship
Plan (or corresponding pilot or Affiliate plan, if applicable) continued for the Severance Period at Delta's expense; provided the Participant shall
be responsible for any taxes associated with such continuation. The amount of coverage continued will be equal to the amount of basic life
insurance coverage in effect immediately prior to separation. This continued coverage shall not affect any other death benefit for which the
Participant is eligible.
(iii) Travel Privileges.
(A) During the Severance Period, a Participant will be eligible for continued travel privileges comparable to those under Delta's travel
policy as in effect for an active employee at the Participant's job level at the time of the
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