Delta Airlines 2008 Annual Report Download - page 195
Download and view the complete annual report
Please find page 195 of the 2008 Delta Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185 -
186 -
187 -
188 -
189 -
190 -
191 -
192 -
193 -
194 -
195 -
196 -
197 -
198 -
199 -
200 -
201 -
202 -
203 -
204 -
205 -
206
-
207
-
208
 |
 |
CADWALADER
Michael R. Stewart
Michael Luskin
June 11, 2008
addition, as long as Mr. Foret remains a member of the Northwest Airlines Board of Directors, he and his spouse shall be eligible to receive travel
privileges consistent with those offered to all active Northwest board members to the extent that these travel privileges exceed F1-R or F-1 travel
authority. Northwest Airlines agrees that it will be responsible for any personal income tax liability (including any penalties and interest) arising
from such pass travel under this section (i).
ii) Group Medical Coverage. Mr. Foret and his spouse shall be eligible for the remainder of their lives to participate in the medical and dental plans
offered to active salaried employees of Northwest Airlines and shall have no contribution requirements to be eligible for such coverage.
Northwest Airlines reserves the right to make changes in coverage offered under the medical or dental plans as necessary. Mr. Foret agrees that
the coverage provided by Northwest Airlines shall be secondary to Medicare coverage once he becomes eligible for Medicare. In addition, the
Northwest Airlines Group Medical coverage shall become secondary if Mr. Foret receives coverage through another employer.
Mr. Foret and his spouse shall also be entitled to coverage under the Medical Expense Reimbursement Plan (MERP) consistent with that
currently offered to Mr. Foret and shall have no contribution requirements to be eligible for such coverage. As a non-qualified medical plan,
reimbursements under the MERP are taxable to Mr. Foret. However, Northwest Airlines agrees that it will be responsible for any other personal
income tax liability (including any penalties and interest) arising from such medical and dental coverage or reimbursement under this section (ii).
iii) Consulting Agreement Breach Damages. Claim 10986 is fixed and allowed as a general unsecured claim against the estate of Northwest Airlines
in the amount of $1,020,000, with prejudice to further amendment.
iv) Indemnification Rights: Mr. Foret explicitly reserves all rights given to him in Section 8.9 of the Debtors First Amended Joint and Consolidated
Plan of Reorganization Under Chapter 11 of the Bankruptcy Code.
v) Expungement of Claim 11309, Claim 10987, and Claim 11368: Claim 11309, Claim 10987, and Claim 11368 are hereby deemed satisfied and
expunged without the necessity for further action by any party.
Page 3