Delta Airlines 2008 Annual Report Download - page 142

Severance Event. If however, the Severance Event is described in Section 3(a)(ii) or (iii) above and the event which constitutes Good Reason is a
significant diminution of the Participant's position, responsibilities or duties, Severance Pay shall be based on the Participant's job level prior to
the diminution which gave rise to the Participant's resignation. In addition, with respect to any Participant who (i) incurs a termination that
constitutes a Severance Event during the period beginning on a Change in Control Date and ending on the second anniversary thereof and (ii) is a
Vice President or more senior Officer of the Company at the time of the Change in Control Date, such Participant shall after the expiration of the
Travel Privileges described in the previous sentence, be treated as a retired officer for purposes of the Company's travel policy regardless of the
Participant's actual age or years of service. Following the expiration of the Severance Period, the Participant's travel benefits will be based on the
Company travel policy for retired officers at the level at which the Participant was employed immediately prior to the Change in Control Date.
(B) All Travel Privileges shall be governed by all applicable rules and procedures which are generally applicable at the time the Travel
Privileges are used, except as expressly modified in this 2009 Plan. Travel Privileges may be used for pleasure, vacation, or personal emergency,
but may not be used for any type of business or professional activity. Any violation of the rules governing non-revenue and reduced rate travel
may result in the suspension or termination of all Travel Privileges for the Participant and/or his family members (or friends and family
travelers).
(C) Family status changes (such as marriage, divorce, adoption or birth of child) that occur during the Severance Period must be reported to
the Delta Employee Service Center (or corresponding Affiliate administrator) within 30 days of the status change. Failure to do so will result in
the ineligibility of the new family member for Travel Privileges described under this 2009 Plan.
(D) This section shall not create any contractual rights, and the Travel Privileges provided pursuant to this provision shall remain subject to
Delta's right to apply all applicable rules as they exist from time to time and to modify or terminate such privileges at any time, including after
termination of employment, in its sole discretion.
(E) If a Participant has contractual rights to travel privileges that are provided in another agreement that are different or not as favorable as
the Travel Privileges provided under this section, such Participant shall also be eligible for the Travel Privileges granted hereunder, but shall have
no contractual rights to such different or more favorable Travel Privileges. In that case, the reservation of rights in (D) above shall apply only to
the Travel Privileges that are provided under this section, and not to any other contractual travel privileges the Participant may have. A
Participant that has separately granted contractual rights may use his contractually granted rights or the Travel Privileges granted under the 2009
Plan, but not both. For example, if under both the 2009 Plan and any contractual agreement, the Participant is eligible under each for an
allowance of $10,000, the Participant may use one such allowance of $10,000, and the two allowances cannot be combined into a total allowance
of $20,000.
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