Exhibit 10.2


    
      

    


    EXHIBIT
      10.2

    


    Description
      of Certain Benefits of Executive Officers

    


    Delta
      provides the following programs to its executive officers as part of their
      overall compensation package. Delta reserves the right to change, amend or
      terminate these benefits, consistent with the terms of the program, at any
      time
      for any reason for both active and retired employees.

    


    Executive
      Life Insurance:
      Delta
      provides life insurance coverage of two times base salary to executive officers
      through an endorsement split dollar program under which Delta owns the policy.
      Delta reimburses active participants for taxes associated with the program
      while
      the endorsement is in effect. After retirement, death benefit coverage continues
      for an executive officer who retires at or after age 62 with at least ten years
      of service. If an executive officer retires prior to age 62 or with less than
      ten years of service, the participant’s death benefit is reduced by 3% for each
      year of age less than 62 and by 10% for each year of service less than ten
      years. Insurance coverage ceases for executive officers who terminate employment
      other than as a result of retirement, approved long-term disability or death.
      

    


    Financial
      Planning Services:
      Executive officers are eligible for reimbursement of up to $15,000 per year
      for
      tax preparation, legal and financial planning services under Delta's Financial
      Planning Program if they so choose. 

    


    Flight
      Benefits:
      As is
      common in the airline industry, Delta provides complimentary travel and certain
      Delta Crown Room privileges for executive officers, the officer’s spouse,
      domestic partner or designated companion, and the officer's children,
      parents and,
      to a
      limited extent, other persons designated by the officer. Complimentary travel
      for such other persons is limited to an aggregate imputed value of $10,000
      per
      year. Delta
      reimburses the officer for associated taxes on complimentary travel with an
      imputed tax value of up to $20,000 per year. Unused portions of the annual
      allowances described in the previous two sentences accumulate and may be carried
      into succeeding years. Executive officers who retire at or after age 52 with
      at
      least 10 years of service, or at or after age 62 with five years of service,
      continue to receive these travel privileges, except that they do not receive
      any
      additional annual allowances following retirement. 

    


    Company
      Car:
      Delta
      provides a company car only for its Chief Executive Officer. No other executive
      is provided a company car. The value of any non-business use of the car is
      included in the officer’s taxable income.

    


    Home
      Security Services:
      Delta
      reimburses executive officers for installation and monthly monitoring of home
      security systems if they so choose.

    


    Vacation:
      Delta’s
      standard policy regarding personal time off and paid holidays applies to Delta’s
      executive officers except that they will begin to accrue vacation at the service
      level currently corresponding to four weeks of
      vacation.