Document:

Exhibit 10.1

    
      

    

    

      EXHIBIT
        10.1

    

    

      DELTA
        2007 PERFORMANCE COMPENSATION PLAN

      AWARD
        AGREEMENT

      April
        30, 2007

      [Participant
        Name]

      [City
        and State Where Employed]

      [Employee
        ID#]

      

      This
        Award Agreement (the “Agreement”)
        describes some of the terms of your Emergence Award (the “Award”)
        under
        the Delta 2007 Performance Compensation Plan (the “Plan”).
        Your
        Award is also subject to the terms of the Plan, including Appendix A thereof,
        which sets forth the specific terms of your Award. Words beginning with a
        capital letter which are used but not otherwise defined in this Agreement
        have
        the meaning set forth in the Plan. In order for this Award to become effective,
        you must accept the Award in accordance with the terms of Section 9 below.
        

      

      1.    Summary
        of Award.
        Subject
        to your acceptance, your Award will include a Nonqualified Stock Option,
        Restricted Stock and a Performance Award as described below. Other
        terms applicable to your Award, including vesting and forfeitability, are
        included in the Plan and Appendix A thereto, both of which are hereby
        incorporated herein by this reference.

      

      (a)     Nonqualified
        Stock Options. You
        are
        hereby awarded a Nonqualified Stock Option (the “Stock
        Option”),
        exercisable for [NUMBER]
        shares
        of Delta Common Stock, par value $0.0001 per share (“Common
        Stock”).
        The
        grant date of your Stock Option will be the first trading day of the Common
        Stock on the New York Stock Exchange (the “NYSE”)
        occurring 30 calendar days after the first day that Common Stock is traded
        regular-way on the NYSE (the “Grant
        Date”).
        The
        exercise price of the Stock Option will be the closing price of a share of
        Common Stock on the NYSE on the Grant Date.

      

      (b)    Restricted
        Stock. You
        are
        hereby awarded [NUMBER]
        shares
        of Restricted Stock. 

      

      (c)    Performance
        Award. You
        are
        hereby awarded a Performance Award for [NUMBER]
        shares
        of Common Stock at the target level. 

      

      2.    Restrictive
        Covenants. In
        exchange for the Award, you hereby agree as follows:

      

      (a)    Trade
        Secrets.
        You
        hereby acknowledge that
        during the term of your employment with Delta Air Lines, Inc., its subsidiaries
        and affiliates (“Delta”),
        you
        have had access to and will continue to acquire knowledge of secret,
        confidential and proprietary information regarding Delta and its business
        that
        fits within the definition of “trade secrets” under the law of the State of
        Georgia, including, without limitation, information regarding Delta’s present
        and future operations, its financial operations, marketing plans and strategies,
        alliance agreements and relationships, its compensation and incentive programs
        for employees, and the business methods used by Delta and its employees,
        and
        other information which derives economic value, actual or potential, from
        not
        being generally known to, and not being readily ascertainable by proper means
        by, other persons who can obtain economic value from its disclosure or use,
        and
        is the subject of efforts that are reasonable under the circumstances to
        maintain its secrecy (each, a “Trade
        Secret”).
        You
        hereby agree that for so long as such information remains a Trade Secret
        as
        defined by Georgia law, you will hold in a fiduciary capacity for the benefit
        of
        Delta and shall not directly or indirectly make use of, on your own behalf
        or on
        behalf of others, any Trade Secret, or transmit, reveal or disclose any Trade
        Secret to any person, concern or entity. Nothing in this Agreement is intended,
        or shall be construed, to limit the protections of any applicable law protecting
        trade secrets. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      (b)    Confidential
        or Proprietary Information.
        You
        further agree that you will hold in a fiduciary capacity for the benefit
        of
        Delta, and, during the term or your employment with Delta and for the two
        year
        period after such employment terminates, shall not directly or indirectly
        use or
        disclose, any Confidential or Proprietary Information, as defined hereinafter,
        that you acquire (whether or not developed or compiled by you and whether
        or not
        you were authorized to have access to such Confidential or Proprietary
        Information) during the term of, in the course of, or as a result of your
        employment by Delta. Subject to the provisions set forth below, the term
        “Confidential
        or Proprietary Information”
as
        used
        in this Agreement means the following secret, confidential and proprietary
        information of Delta not otherwise included in the definition of Trade Secret:
        all marketing, alliance, advertising and sales plans and strategies; all
        pricing
        information; all financial, advertising and product development plans and
        strategies; all compensation and incentive programs for employees; all alliance
        agreements, plans and processes; all plans, strategies, and agreements related
        to the sale of assets; all third party provider agreements, relationships,
        and
        strategies; all business methods and processes used by Delta and its employees;
        all personally identifiable information regarding Delta employees, contractors,
        and applicants; and all lists of actual or potential customers or suppliers
        maintained by Delta. The term “Confidential and Proprietary Information” does
        not include information that has become generally available to the public
        by the
        act of one who has the right to disclose such information. Nothing in this
        Agreement is intended, or shall be construed, to limit the protections of
        any
        applicable law protecting confidential or proprietary information. 

      

      (c)    Employee
        Non-Solicitation Agreement.
        During
        the term
        of your employment with Delta and during the one-year period following the
        termination of such employment, you will
        not
        directly or indirectly (on your own behalf or on behalf of any other person,
        company, partnership, corporation or other entity), employ or solicit for
        employment any individual who is a management or professional employee
        of Delta for employment with any entity or person other than Delta or solicit,
        encourage or induce any such person to terminate their employment with Delta.
        The restrictions set forth in this Section shall be limited to those Delta
        management or professional employees who: (i) were employed by Delta during
        your
        employment in a supervisory or administrative job; and (ii) with whom you
        had
        material professional contact during your employment with Delta.

      

      (d)    Non-Competition
        Agreement.
        During
        the term of your employment with Delta and for the one-year period following
        the
        termination of such employment, you will not on your own behalf or on behalf
        of
        any person, firm, partnership, association, corporation or business
        organization, entity or enterprise, provide the same or substantially similar
        services, as an employee, consultant, partner, or in any other capacity,
        to any
        of the
        following entities, which you hereby acknowledge are all competitors of Delta:
        AMR Corporation, American Airlines, Inc., Continental Airlines, Inc., Southwest
        Airlines Co., UAL Corporation, United Air Lines, Inc., US Airways, Inc.,
        Jet
        Blue Airways, Inc., AirTran Airways, Inc., or Northwest Airlines, Inc.
        (individually and collectively, the “Competitor”).
        This
        restriction shall only apply to the extent that you may not provide services
        to
        the Competitor: (a) while working within
        a
        fifty (50) mile radius of the city limits of Atlanta, Georgia; or (b) while
        working out of or within a fifty (50) mile radius of the corporate headquarters
        of the Competitor.

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      

      

      (e)    Return
        of Property.
        You
        hereby agree that all property belonging to Delta, including records, files,
        memoranda, reports, personnel information (including benefit files, training
        records, customer lists, operating procedure manuals, safety manuals, financial
        statements, price lists and the like), relating to the business of Delta,
        with
        which you come in contact in the course of your employment (hereinafter
        "Delta's
        Materials")
        shall,
        as between the parties hereto, remain the sole property of Delta. You hereby
        warrant that you shall promptly return all originals and copies of Delta's
        Materials to Delta at the time your employment terminates.

      

      (f)    Cooperation. You
        hereby agree
        that you shall, both during and after your employment with Delta, to the
        extent
        requested in writing and reasonable under the circumstances, cooperate with
        and
        serve in any capacity requested by Delta in any pending or future litigation
        in
        which Delta has an interest, and regarding which you, by virtue of your
        employment with Delta, have knowledge or information relevant to the litigation.
        

      

      3.    Dispute
        Resolution. (a)
        Arbitration. You
        hereby agree that except as expressly set forth below, all disputes and any
        claims arising out of or under or relating to the Award or this Agreement,
        including without limitation any dispute or controversy as to the validity,
        interpretation, construction, application, performance, breach or enforcement
        of
        this Agreement, shall be submitted for, and settled by, mandatory, final
        and
        binding arbitration in accordance with the Commercial Arbitration Rules then
        prevailing of the American Arbitration Association. Unless an alternative
        locale
        is otherwise agreed in writing by the parties to this Agreement, the arbitration
        shall be conducted in the City of Wilmington, Delaware. The arbitrator will
        apply Delaware law to the merits of any dispute or claim without reference
        to
        rules of conflicts of law. Any award rendered by the arbitrator shall provide
        the full remedies available to the parties under the applicable law and shall
        be
        final and binding on each of the parties hereto and their heirs, executors,
        administrators, successors and assigns and judgment may be entered thereon
        in
        any court having jurisdiction. You hereby consent to the personal jurisdiction
        of the state and federal courts in the State of Delaware for any action or
        proceeding arising from or relating to any arbitration under this Agreement.
        The
        prevailing party in any such arbitration shall be entitled to an award by
        the
        arbitrator of all reasonable attorneys’ fees and expenses incurred in connection
        with the arbitration. However, Delta will pay all fees associated with the
        American Arbitration Association and the arbitrator. All parties must initial
        here for this Section 3 to be effective:

      

      _____________________
         [Name] 

      

      _____________________ 
        Delta
        Air Lines, Inc.—Mike Campbell, EVP .

      

        (b)    Injunctive
        Relief in Aid of Arbitration; Forum Selection.
        You
        hereby acknowledge and agree that the provisions contained in Section 2 of
        this
        Agreement are reasonably necessary to protect the legitimate business interests
        of Delta, and that any breach of any of these provisions will result in
        immediate and irreparable injury to Delta for which monetary damages will
        not be
        an adequate remedy. You further acknowledge that if any such provision is
        breached or threatened to be breached, Delta will be entitled to seek a
        temporary restraining order, preliminary injunction or other equitable relief
        in
        aid of arbitration in any court of competent jurisdiction without the necessity
        of posting a bond, restraining you from continuing to commit any violation
        of
        the covenants, and you hereby irrevocably consent to the jurisdiction of
        the
        state and federal courts of the State of Delaware, with venue in Wilmington,
        which shall have jurisdiction to hear and determine any claim for a temporary
        restraining order, preliminary injunction or other equitable relief brought
        against you by Delta in aid of arbitration. 

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      

      

      (c)    Consequences
        of Breach. Furthermore,
        you acknowledge that, in partial consideration for the awards described in
        the
        Plan and this Agreement, Delta is requiring that you agree to and comply
        with
        the terms of Section 2 and you hereby agree that without limiting any of
        the
        foregoing, should you violate any of the covenants included in Section 2
        above,
        you will not be entitled to and shall not receive any Awards under
        the
        Plan and this Agreement and any outstanding Awards will be forfeited.

      

        (d)    Tolling.
        You
        further agree that in the event the enforceability of any of the restrictions
        as
        set forth in Section 2 of this Agreement are challenged and you are not
        preliminarily or otherwise enjoined from breaching such restriction(s) pending
        a
        final determination of the issues, then, if an arbitrator finds that the
        challenged restriction(s) is enforceable, the time period set forth in such
        Section shall be deemed tolled upon the filing of the arbitration or action
        seeking injunctive or other equitable relief in aid of arbitration, whichever
        is
        first in time, until the dispute is finally resolved and all periods of appeal
        have expired. 

      

      (e)    Governing
        Law.
        Unless
        governed by federal law, this Agreement shall be governed by and construed
        in
        accordance with the laws of the State of Delaware, without regard to principles
        of conflicts of laws of that State. 

      

      (f)    Waiver
        of Jury Trial.
        TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU HEREBY
        KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVE THE RIGHT TO A TRIAL BY JURY
        IN
        CONNECTION WITH ANY MATTER ARISING OUT OF, UNDER, IN CONNECTION WITH, OR
        IN ANY
        WAY RELATED TO THIS AGREEMENT. THIS INCLUDES, WITHOUT LIMITATION, ANY DISPUTE
        CONCERNING ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENT (WHETHER VERBAL
        OR WRITTEN), OR ACTION OF DELTA OR YOU, OR ANY EXERCISE BY DELTA OR YOU OF
        OUR
        RESPECTIVE RIGHTS UNDER THIS AGREEMENT OR IN ANY WAY RELATING TO THIS AGREEMENT.
        YOU FURTHER ACKNOWLEDGE THAT THIS WAIVER IS A MATERIAL INDUCEMENT FOR DELTA
        TO
        ISSUE AND ACCEPT THIS AGREEMENT.

      

      4.    Validity;
        Severability.
        In the
        event that one or more of the provisions contained in this Agreement shall
        for
        any reason be held invalid, illegal, or unenforceable in any respect, such
        holding shall not affect any other provisions in this Agreement, but this
        Agreement shall be construed as if such invalid, illegal, or unenforceable
        provisions had never been contained herein. The invalidity, illegality or
        unenforceability of any provision or provisions of this Agreement will not
        affect the validity or enforceability of any other provision of this Agreement,
        which will remain in full force and effect.

      

      5.    Authority
        of the Committee.
        You
        acknowledge and agree that the Committee has the sole and complete authority
        and
        discretion to construe and interpret the terms of the Plan and this Agreement.
        All determinations of the Committee shall be final and binding for all purposes
        and upon all persons, including, without limitation, you and the Company,
        and
        your heirs and successors. The Committee shall be under no obligation to
        construe this Agreement or treat the Award in a manner consistent with the
        treatment provided with respect to other Awards or
        Participants.

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      

       

      6.    Amendment.
         This
        Agreement may not be amended or modified except by written agreement signed
        by
        you and Delta.

       

      7.    Acknowledgement.
        By
        signing this Agreement: (a) you acknowledge that you have had a full and
        adequate opportunity to read this Award Agreement and you agree with every
        term
        and provision herein, including without limitation, the terms of Sections
        2, 3,
        4, and 5; (b) you acknowledge that you have received and had a full and adequate
        opportunity to read the Plan, including Appendix A to the Plan; (c) you agree,
        on behalf of yourself and on behalf of any designated beneficiary and your
        heirs, executors, administrators and personal representatives, to all of
        the
        terms and conditions contained in this Agreement and the Plan, including
        Appendix A to the Plan; and (d) you consent to receive all material regarding
        any awards under the Plan, including any prospectuses, electronically with
        an
        e-mail notification to your work e-mail address.

       

      8.     Entire
        Agreement.
        This
        Agreement, together with the Plan, including Appendix A to the Plan (the
        terms
        of which are made a part of this Agreement and are incorporated into this
        Agreement by reference), constitutes the entire agreement between you and
        Delta
        with respect to the Award. 

      

        9.    Acceptance
        of this Award.
        If
        you
        agree to all of the terms of this Agreement and would like to accept this
        Award,
        you must: (a) sign and date the Agreement where indicated below and return
        an
        original signed version of this Agreement to Rob Kight, either by hand or
        by
        mail to Department 948, P.O Box 20706, Atlanta, Georgia 30320; and
        (b)
        indicate your acceptance of the Award electronically at www.netbenefits.fidelity.com.
        It is
        currently contemplated that such on-line access will be available May 31,
        2007.
        If you have any questions regarding how to accept your Award, please contact
        Brenda Walton at (404) 715-4175. Delta hereby acknowledges and agrees that
        its
        legal obligation to make the Award to you shall become effective when you
        sign
        this Agreement, subject to your eventual completion of step (b)
        above.

       

      You
        and
        Delta, each intending to be bound legally, agree to the matters set forth
        above
        by signing this Agreement, all as of the date set forth below.

      

      
        	 	
                DELTA
                  AIR LINES, INC.

              
	 	 
	 	
                By:
                  ___________________________________________

              
	 	
                Name:
                  Mike Campbell

                Title:  
                  Executive Vice President

                            
                  Human Resources and Labor Relations

              

      

      

      
        	 	
                PARTICIPANT

              
	 	 
	 	
                
                  

                

                [NAME]

              
	 	 
	 	
                
                  

                

                Date

              

      

      
 

       

       

       

      5Exhibit 10.2

    
      

    

     

    

      EXHIBIT
        10.2

    SEPARATION
      AGREEMENT AND GENERAL RELEASE

    DELTA
      AIR LINES, INC. 2007 OFFICER AND DIRECTOR SEVERANCE PLAN

    

    

    1.    Agreement.
      I,
      [Insert
      Name],
      the
      undersigned and individual named on the signature page hereto, wish to accept
      the benefits being offered by Delta Air Lines, Inc. ("Delta")
      under
      the Delta Air Lines, Inc. 2007 Officer and Director Severance Plan, (the
      "Plan").
      In
      agreeing to participate in the Plan, I acknowledge I have carefully reviewed
      the
      provisions of the Plan, as well as this Separation Agreement and General Release
      ("Agreement").
      I
      believe both the Agreement and the Plan are in my best interest and I
      acknowledge entering into this Agreement voluntarily and without
      coercion.

    

    2.    Severance
      Benefits. In
      exchange for voluntarily executing and returning this Agreement to Delta, and
      satisfying all eligibility criteria set forth in the Plan, Delta will provide
      me
      with the benefits as described in the Plan, (a) subject to the required
      withholding and payment of all applicable federal, state and local taxes and
      (b)
      with no tax reimbursement by Delta related to any travel privileges or any
      other
      benefits provided under the Plan. I acknowledge and agree that Delta will have
      no obligation to provide me with any benefits in connection with my employment
      relationship with Delta, or the termination of that relationship, except as
      described in the Plan, as modified by this Agreement (other than retirement
      and
      equity-based benefits in accordance with the respective terms of any retirement
      and equity-based benefits plan in which I participated during my employment
      with
      Delta).

    

    3.    General
      Waiver and Release. In
      exchange for the benefits which Delta is providing under this Agreement and
      the
      Plan, I hereby agree as follows:

    

    a.    Except
      for the rights and obligations provided by or arising under this Agreement,
      the
      Delta Retirement Plan, the Delta Family-Care Savings Plan, the Delta Air Lines,
      Inc. 2007 Performance Compensation Plan, or any right I may have to
      indemnification by Delta, I hereby release, acquit, withdraw, retract and
      forever discharge any and all claims, or causes of action which I now have
      or
      may have hereafter, directly or indirectly, personally or in a representative
      capacity, against Delta, including its predecessors and successors, and its
      subsidiaries and affiliates and all of each entity’s respective administrators,
      fiduciaries, parents, subsidiaries, plans, affiliates, officers, directors,
      shareholders, representatives, agents, employees, and all persons acting through
      or in connection with Delta (each a "Released
      Party")
      by
      reason of any matter, conduct, claim, event, act, omission, cause or thing
      whatsoever, from the beginning of time to, and including, the date of execution
      of this Agreement. This general release includes, but is not limited to, all
      claims, manner of actions, and causes of action which arise under Title VII
      of
      the Civil Rights Act of 1964, as amended; The Age Discrimination in Employment
      Act of 1967, as amended; The Americans with Disabilities Act; The Rehabilitation
      Act of 1973, as amended; The Family & Medical Leave Act; The Worker
      Adjustment and Retraining Notification Act; 42 U.S.C. §§ 1981 through 1988; the
      Employee Retirement Income Security Act of 1974, as amended, any other federal,
      state or local statute or ordinance respecting discriminatory hiring or
      employment practices or civil rights laws based on protected class status;
      common law claims of intentional or negligent infliction of emotional distress,
      defamation, negligent hiring, breach of contract, breach of the covenant of
      good
      faith and fair dealing, promissory estoppel, negligence, or wrongful termination
      of employment; and all other claims of any type or nature, including any claim
      in contract or tort, and including any claim for attorneys' fees. I understand
      and intend that this General Release shall discharge all claims against the
      Released Parties to the extent permitted by law, but shall not discharge claims
      arising out of any events which may occur after the date of execution of this
      Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    b.    Except
      as
      necessary to enforce the terms of this Agreement, I agree that neither I, nor
      anyone acting on my behalf, will sue any Released Party based on any claim
      released under this Agreement. In the event that I sue, or anyone acting on
      my
      behalf sues, any Released Party based on any claim released under this
      Agreement, I will hold each Released Party harmless from any claim asserted
      in
      such lawsuit and will accept no payment or other benefit as a result of such
      lawsuit or any settlement thereof.

    

    4.    No
      Admissions. This
      Agreement is not to be construed in any way as an admission by any of the
      Released Parties that they have violated any federal, state, or local law,
      ordinance, regulation, or policy.

    

    5.    ADEA
      Waiver. I
      understand that there may be numerous, valuable rights under federal and state
      law, including rights under the Age Discrimination in Employment Act of 1967,
      as
      amended, 29 U.S.C. § 621, et seq.,
      which
      I am waiving by executing this Agreement. In connection with this, I hereby
      certify that:

    

    a.    This
      Agreement and the Plan are written in a manner that is understandable to
      me;

    

    b.    I
      am
      receiving valuable consideration under this Agreement to which I would not
      otherwise be entitled;

    

    c.     I
      have
      been advised in writing to consult with an attorney prior to executing this
      Agreement;

    

    d.    I
      understand that this Agreement is a general release of Delta and the other
      Released Parties from any past or existing claim or potential claim including
      any claim or potential claim relating to my employment relationship with Delta,
      and termination of that relationship;

    

    e.    I
      have
      been given a period of forty-five (45) days in which to consider whether to
      sign
      this Agreement and to consult with an attorney, accountant, tax advisor, spouse,
      or any other person. I have either used this full forty-five (45) day period
      to
      consider this Agreement, or have voluntarily chosen to execute this Agreement
      before the end of that period;

    

    f.    I
      understand I have seven (7) calendar days after signing this Agreement to revoke
      this Agreement (the “Revocation
      Period”).
      To
      revoke this Agreement, I must notify Delta of the intent to revoke through
      a
      signed statement delivered to Rob Kight, Delta Air Lines, Inc., ATG Department
      948, 1030 Delta Blvd., Atlanta, Georgia 30354-6001, or to such other person
      and
      address as Delta may designate in writing, on or before the last day of the
      Revocation Period. I acknowledge that this Agreement will not take effect until
      the day after the Revocation Period has expired, provided that I have not
      exercised my revocation right. If I revoke this Agreement, it shall immediately
      be void and of no further force or effect and I will not receive the Severance
      Benefits referred to in Section 2 of this Agreement; otherwise, this Agreement
      will be fully effective and enforceable as of the day after the Revocation
      Period.
      [Note: if employee is based in or resides in Minnesota—revocation period must be
      15 days to be valid under the Minnesota Human Rights
      Act]

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    6.    Return
      of Property. I
      agree
      that all property belonging to Delta, including records, files, memoranda,
      reports, personnel information (including benefit files, training records,
      customer lists, operating procedure manuals, safety manuals, financial
      statements, price lists and the like), relating to the business of Delta, which
      I have come in contact with in the course of my employment (hereinafter
      "Delta's
      Materials")
      shall,
      as between the parties hereto, remain the sole property of Delta. I hereby
      warrant that I have returned all originals and copies of Delta's Materials
      to
      Delta.

    

    7.    Cooperation.
      I
      agree
      that I shall, to the extent requested in writing and reasonable under the
      circumstances, cooperate with and serve in any capacity requested by Delta
      in
      any pending or future litigation in which Delta has an interest, and regarding
      which I, by virtue of my employment with Delta, have knowledge or information
      relevant to the litigation. Delta shall reimburse me for reasonable and
      necessary out-of-pocket expenses that I incur in connection with such
      cooperation.

    

    8.    Trade
      Secrets. I
      hereby
      acknowledge that
      during the term of my employment with Delta, I had access to and acquired
      knowledge of secret, confidential and proprietary information regarding, Delta
      and its business that fits within the definition of “trade secrets” under the
      law of the State of Georgia, including, without limitation, information
      regarding Delta’s present and future operations, its financial operations,
      marketing plans and strategies, alliance agreements and relationships, its
      compensation and incentive programs for employees, and the business methods
      used
      by Delta and its employees, and other information which derives economic value,
      actual or potential, from not being generally known to, and not being readily
      ascertainable by proper means by, other persons who can obtain economic value
      from its disclosure or use, and is the subject of efforts that are reasonable
      under the circumstances to maintain its secrecy (each, a “Trade
      Secret”).
      I
      hereby agree that, for so long as such information remains a Trade Secret as
      defined by Georgia law, I will hold in a fiduciary capacity for the benefit
      of
      Delta and shall not directly or indirectly make use of, on my own behalf or
      on
      behalf of others, any Trade Secret, or transmit, reveal or disclose any Trade
      Secret to any person, concern or entity. Nothing in this Agreement is intended,
      or shall be construed, to limit the protections of any applicable law protecting
      trade secrets. 

    

    9.    Confidential
      or Proprietary Information. I
      further
      agree that I will hold in a fiduciary capacity for the benefit of Delta, and,
      during the two year period beginning on the date I sign this Agreement (the
      “Effective
      Date”),
      shall
      not directly or indirectly use or disclose, any Confidential or Proprietary
      Information, as defined hereinafter, that I may have acquired (whether or not
      developed or compiled by me and whether or not I was authorized to have access
      to such Confidential or Proprietary Information) during the term of, in the
      course of, or as a result of my employment by Delta. Subject to the provisions
      set forth below, the term “Confidential
      or Proprietary Information”
as
      used
      in this Agreement means the following secret, confidential and proprietary
      information of Delta not otherwise included in the definition of Trade Secret:
      all marketing, alliance, advertising and sales plans and strategies; all pricing
      information; all financial, advertising and product development plans and
      strategies; all compensation and incentive programs for employees; all alliance
      agreements, plans and processes; all plans, strategies, and agreements related
      to the sale of assets; all third party provider agreements, relationships,
      and
      strategies; all business methods and processes used by Delta and its employees;
      all personally identifiable information regarding Delta employees, contractors
      and applicants; and all lists of actual or potential customers or suppliers
      maintained by Delta. The term “Confidential and Proprietary Information” does
      not include information that has become generally available to the public by
      the
      act of one who has the right to disclose such information. Nothing in this
      Agreement is intended, or shall be construed, to limit the protections of any
      applicable law protecting confidential or proprietary
      information.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    10.    Employee
      Non-Solicitation Agreement.
      During
      the
      one-year period following the Effective Date, I will
      not
      directly or indirectly (on my own behalf or on behalf of any other person,
      company, partnership, corporation or other entity), employ or solicit for
      employment any individual who is a management or professional employee of Delta
      for employment with any entity or person other than Delta or its subsidiaries
      or
      solicit, encourage or induce any such person to terminate their employment
      with
      Delta and its subsidiaries. The restrictions set forth in this Section shall
      be
      limited to those Company management or professional employees who: (i) were
      employed by Delta during my employment in a supervisory or administrative job;
      and (ii) with whom I had material professional contact during my employment
      with
      Delta.

    

    11.    Non-Competition
      Agreement.
      During
      the one-year period following the Effective Date, I will not on my own behalf
      or
      on behalf of any person, firm, partnership, association, corporation or business
      organization, entity or enterprise, provide the same or substantially similar
      services, as an employee, consultant, partner, or in any other capacity, to
      any
      of the
      following entities, which I hereby acknowledge are all competitors of Delta:
      AMR
      Corporation, American Airlines, Inc., Continental Airlines, Inc., Southwest
      Airlines Co., UAL Corporation, United Air Lines, Inc., US Airways, Inc., Jet
      Blue Airways, Inc., AirTran Airways, Inc., or Northwest Airlines, Inc.
      (individually and collectively, the “Competitor”).
      This
      restriction shall only apply to the extent that I may not provide services
      to
      the Competitor: (a) while working within
      a
      fifty (50) mile radius of the city limits of Atlanta, Georgia; or (b) while
      working out of or within a fifty (50) mile radius of the corporate headquarters
      of the Competitor.

    

    12.    Arbitration.
      I hereby
      agree that except as expressly set forth below, all disputes and any claims
      arising out of or under or relating to this Agreement, including without
      limitation any dispute or controversy as to the validity, interpretation,
      construction, application, performance, breach or enforcement of this Agreement
      or any of its terms, shall be submitted for, and settled by, mandatory, final
      and binding arbitration in accordance with the Commercial Arbitration Rules
      then
      prevailing of the American Arbitration Association. Unless an alternative locale
      is otherwise agreed to in writing by the parties to this Agreement, the
      arbitration shall be conducted in the City of Wilmington, Delaware. The
      arbitrator will apply Delaware law to the merits of any dispute or claim,
      without reference to rules of conflict of law. Any award rendered by the
      arbitrator shall provide the full remedies available to the parties under the
      applicable law and shall be final and binding on each of the parties hereto
      and
      their heirs, executors, administrators, successors and assigns and judgment
      may
      be entered thereon in any court having jurisdiction. I hereby consent to the
      personal jurisdiction of the state and federal courts located in the State
      of
      Delaware for any action or proceeding arising from or relating to any
      arbitration under this Agreement. The prevailing party in any such arbitration
      shall be entitled to an award by the arbitrator of all reasonable attorneys’
fees and expenses incurred in connection with the arbitration. However, Delta
      will pay all fees associated with the American Arbitration Association and
      the
      arbitrator. All parties must initial here for this Section 12 to be
      effective:

    

    ___________________   [Name]

    ___________________   Delta
      Air Lines, Inc. 

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    13.    Injunctive
      Relief in Aid of Arbitration; Forum Selection.
      I hereby
      acknowledge and agree that the provisions contained in Sections 8, 9, 10, and
      11
      of this Agreement are reasonably necessary to protect the legitimate business
      interests of Delta, and that any breach of any of these provisions will result
      in immediate and irreparable injury to Delta for which monetary damages will
      not
      be an adequate remedy. I further acknowledge that if any such provision is
      breached or threatened to be breached, Delta will be entitled to seek a
      temporary restraining order, preliminary injunction or other equitable relief
      in
      aid of arbitration in any court of competent jurisdiction without the necessity
      of posting a bond, restraining me from continuing to commit any violation of
      the
      covenants, and I hereby irrevocably consent to the jurisdiction of the state
      and
      federal courts of the State of Delaware, with venue in Wilmington, which shall
      have jurisdiction to hear and determine any claim for a temporary restraining
      order, preliminary injunction or other equitable relief brought against me
      by
      Delta in aid of arbitration. 

    

    14.    Consequences
      of Breach. Furthermore,
      I acknowledge that, in partial consideration for the payments and benefits
      described in the Plan and this Agreement, Delta is requiring that I agree to
      and
      comply with the terms of Sections 8 through 11 and I hereby agree that without
      limiting any of the foregoing, should I violate any of the terms of Sections
      8
      through 11 hereof , I: (a) will not be entitled to and shall not receive any
      benefits under the Plan and this Agreement; and (b) shall repay to Delta all
      cash compensation I have received under this Agreement. 

    

    15.    Tolling.
      I
      further
      agree that in the event the enforceability of any of the restrictions as set
      forth in Sections 9, 10, or 11 of this Agreement are challenged and I am not
      preliminarily or otherwise enjoined from breaching such restriction(s) pending
      a
      final determination of the issues, then, if an arbitrator finds that the
      challenged restriction(s) is enforceable, the time period set forth in such
      Section(s) shall be deemed tolled upon the filing of the arbitration or action
      seeking injunctive or other equitable relief in aid of arbitration, whichever
      is
      first in time, until the dispute is finally resolved and all periods of appeal
      have expired. 

    

    16    Governing
      Law.
      Unless
      governed by federal law, this Agreement shall be governed by and construed
      in
      accordance with the laws of the State of Delaware, without regard to principles
      of conflicts of laws of that State. 

    

    17.    Waiver
      of Jury Trial.
      TO THE MAXIMUM EXTENT PERMITTED BY LAW, I HEREBY
      KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVE THE RIGHT TO A TRIAL BY JURY
      IN
      CONNECTION WITH ANY MATTER ARISING OUT OF, UNDER, IN CONNECTION WITH, OR IN
      ANY
      WAY RELATED TO THIS AGREEMENT. THIS INCLUDES, WITHOUT LIMITATION, ANY DISPUTE
      CONCERNING ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENT (WHETHER VERBAL
      OR WRITTEN), OR ACTION OF DELTA OR ME, OR ANY EXERCISE BY DELTA OR ME OF OUR
      RESPECTIVE RIGHTS UNDER THIS AGREEMENT OR IN ANY WAY RELATING TO THIS AGREEMENT.
      I FURTHER ACKNOWLEDGE THAT THIS WAIVER IS A MATERIAL INDUCEMENT FOR DELTA TO
      ISSUE AND ACCEPT THIS AGREEMENT.

    

    18.    No
      Statements.
      I agree
      that I will not make any oral or written statement to the news media, in any
      public forum, or to any business competitive with Delta, concerning any actions
      or inactions by Delta, or any of its present or former subsidiaries or
      affiliates or any of its 

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    present
      or former officers, directors or employees, relative to Delta’s compliance with
      any state, federal or local law or rule. I further agree that I will not make
      any oral or written statement or take any other action which disparages or
      criticizes Delta, or any of its present or former subsidiaries or affiliates
      or
      any of its present or former officers, directors or employees, including, but
      not limited to any such statement which damages Delta’s good reputation or
      impairs its normal operations. I further agree that I will not initiate or
      solicit claims against Delta, or otherwise directly or indirectly encourage
      or
      support any claim that has been or in the future is asserted by a third party
      against Delta. 

    

    19.    Validity;
      Severability.
      In the
      event that one or more of the provisions contained in this Agreement shall
      for
      any reason be held invalid, illegal, or unenforceable in any respect, such
      holding shall not affect any other provisions in this Agreement, but this
      Agreement shall be construed as if such invalid, illegal, or unenforceable
      provisions had never been contained herein. The invalidity, illegality or
      unenforceability of any provision or provisions of this Agreement will not
      affect the validity or enforceability of any other provision of this Agreement,
      which will remain in full force and effect.

    

    20.    Entire
      Agreement.
      This
      Agreement sets forth the entire Agreement between me and Delta and supersedes
      any other written or oral agreement. No representations, statements, or
      inducements have been made to me concerning this Agreement other than the
      representations and statements contained and memorialized in this
      Agreement.

    

    IN
      WITNESS WHEREOF,
      Delta
      has executed this Agreement on the _____ day of __________________, _____,
      and
      [Name] has executed this Agreement on the date indicated below.

    

    
      	 	 
	 	
              
                

              

              (Employee
                signature)

            
	 	
              Name:_______________________________________

            
	 	
              Date:
                _______________________________________

            
	 	 
	 	 
	 	
              
                

              

              Robert
                L. Kight 

            
	 	
              Vice
                President - Compensation and Benefits 

            
	 	
              Delta
                Air Lines, Inc.

            

    

    
 

     

     

     

     

    6

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