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Exhibit 10.19  

 
 

CONSULTING AGREEMENT    
  

        This CONSULTING AGREEMENT ("Agreement") is made as of December 20, 2002 (the "Effective Date"), by and between NORTHWEST AIRLINES, INC., a Minnesota
corporation (the "Company"), and AVIATION CONSULTANTS LLC, a Minnesota limited liability company ("Consultant"). 

        WHEREAS,
the Company desires to retain Consultant as a consultant of the Company, and Consultant desires to be so retained by the Company, on the terms and subject to the conditions more
fully set forth in this Agreement; 

        NOW,
THEREFORE, in consideration of the mutual covenants and agreements set forth in this Agreement, the Company and Consultant agree as follows: 

        1.    Consulting Arrangement.    

        (a)    Services.    The Company hereby retains Consultant and Consultant hereby agrees to serve as a management
consultant to the Company, on the terms and subject to the conditions of this Agreement. During the Term, Consultant shall from time to time provide consulting services to the Company on various
matters of a nature that might be typically assigned to a chief financial officer, as requested by the Chief Executive Officer of the Company (the "CEO"). Consultant shall render such services to the
Company when and as requested by the Company and at such time or times and at such location or locations (which may include off-site locations) as may be mutually convenient to the Company
and Consultant, provided that Consultant shall be available to provide such services only during regular business hours and subject to normal periods of vacation, sick leave or other occasional
personal time off for Consultant's employees who are assigned to perform services hereunder. The Company will
provide reasonable advance notice of the need for consulting services. Consultant and Consultant's employees shall devote their best efforts to the performance of services to the Company hereunder. 

        (b)    Commitment of Mickey P. Foret.    Consultant acknowledges and agrees that Company has entered into this
Agreement with Consultant to gain the unique skills and experience of Mickey P. Foret, President of Consultant. Consultant shall assign Mr. Foret to personally perform all of the services to be
provided by Consultant hereunder and no other employees or agents of Consultant may be assigned to perform services hereunder except with the prior written consent of the Company. All references to
Consultant's "employees" herein shall include Mr. Foret. The Company consents to the use by Consultant of other employees of Consultant to provide administrative, clerical and office support to
Mr. Foret in connection with Consultant's work hereunder. As a condition to the Company's entering into this Agreement, Mr. Foret shall execute and deliver to the Company an Adoption
Agreement in the form attached hereto as Exhibit A (the "Adoption Agreement"). 

        (c)    No Responsibility for Financial Reporting.    The parties acknowledge and agree that neither Consultant nor
Mr. Foret shall have any responsibility for the preparation, review or accuracy of any financial statements of the Company or for the Company's compliance with its obligations under the
Securities and Exchange Act of 1934 or other applicable securities laws. 

        2.    Term.    The term of Consultant's consultancy under this Agreement (the "Term") shall commence on the Effective
Date and shall continue until September 30, 2004, unless earlier terminated in accordance with this Section 2. This Agreement and Consultant's retention hereunder may be terminated as
follows: (i) by the Company without notice to Consultant immediately upon a breach of Section 5(a) hereof by Consultant or Mr. Foret, or in the event Mr. Foret is no longer
an employee of 

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Consultant or is no longer assigned to perform services on behalf of Consultant hereunder (in either case other than as a result of Mr. Foret's death or disability); (ii) by Consultant
upon notice to the Company if Richard H. Anderson is no longer the CEO of the Company; (iii) by either party pursuant to Section 8 hereof in the event of a default by the other party;
and (iv) upon the death or disability of Mr. Foret, in which event this Agreement shall terminate automatically. In the event this Agreement is terminated prior to expiration of the Term
pursuant to this Section 2, the Company shall be obligated to pay Consultant only for services rendered by Consultant prior to such termination at the rate set forth in Section 3 hereof. 

        3.    Compensation.    Upon the execution of this Agreement and the Adoption Agreement by all parties to each such
agreement, the Company shall pay Consultant the sum of Two Hundred Forty Thousand Dollars ($240,000.00). As further consideration for services rendered hereunder, the Company shall pay Consultant
during the Term a retainer (the "Retainer") consisting of (i) $80,000 per month payable on the first day of each calendar month during the Term; and (ii) $15,000 per year payable not in
cash but in complimentary travel privileges on the Company's scheduled passenger flights which Consultant may extend to its officers, directors, employees, representatives, contractors or
subcontractors (collectively, the "Consultant Representatives") and to other individuals in accordance with the Company's barter travel program provided to its senior executives. Any such barter
travel may be used by Consultant during the Term hereof or at anytime thereafter. Consultant shall be responsible for any personal
income tax liability arising from such barter travel privileges. The Retainer shall be prorated for any partial month during the Term. In addition, the Company shall reimburse Consultant for all
reasonable out-of-pocket expenses incurred by Consultant in connection with services rendered hereunder, provided that any expenses in excess of $5,000 shall be subject to
pre-approval by the CEO. Consultant shall submit to the Company on a monthly basis a detailed invoice setting forth an itemization of any expenses reimbursable by the Company hereunder
together with supporting receipts therefor. The Company shall make available to Consultant and its employees performing services hereunder one office and appropriate secretarial support. In addition,
the Company shall make available to Consultant one in-door parking space at the Company's offices and at the Minneapolis-St. Paul International Airport, as required in connection with the
performance of services hereunder. 

        4.    Independent Contractor.    The Company and Consultant acknowledge and agree that Consultant is an independent
contractor, and not an agent of the Company, and neither Consultant nor any employee of Consultant will have any authority to act hereunder as an agent of the Company except on authority specifically
so delegated, and neither Consultant nor any employee of Consultant shall represent to the contrary to any person. Consultant shall not direct the work of any employee of the Company, or make any
management decisions, or undertake to commit the Company to any course of action in relation to third persons. Although the Company may specify the results to be achieved by Consultant and may control
and direct Consultant in that regard, the Company shall not control or direct Consultant as to the details or means by which such results are accomplished. The Company will have no obligation
whatsoever to provide any employee benefits or privileges of any kind or nature to any person performing services hereunder, including Mr. Foret, other than those benefits or privileges to
which Mr. Foret is entitled by virtue of his prior employment with the Company. Consultant will pay its own employees and shall pay any and all legally required withholding taxes, social
security, unemployment, and workers' compensation insurance and similar items in connection with compensation paid to its employees. Consultant will ensure that its employees are aware of their status
as employees of Consultant and not the Company. Consultant will be responsible for compliance with all applicable federal, state and local laws related to the employer/employee relationship with
respect to Consultant's employees. Further, Consultant agrees that the Company is not responsible to collect or withhold federal, state or local taxes with respect to services provided by Consultant's
employees, including income tax and social security, and that any and all taxes imposed, assessed or levied as a result of this Agreement or the amounts payable to Consultant hereunder shall be paid
by Consultant, or if paid by the Company, Consultant shall reimburse the Company upon demand. 

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        5.    Non-Compete; Non-Solicitation.    

        (a)    Non-Competition.    During the Term hereof, the parties agree that, without the Company's prior
written consent, neither Consultant nor any employee of Consultant will provide any personal services to, nor accept any appointment to the Board of Directors or any advisory committee of, any airline
(or any affiliate thereof) that (x) competes with the Company, (y) provides regional airline services to the Company or (z) provides charter lift to MLT Inc. For the
avoidance of doubt, a regional air carrier that operates flights under the designator code of an airline that competes with the Company shall be deemed to compete with the Company. The parties hereby
acknowledge that Mr. Foret is currently serving on the boards of directors of Grand Holdings, Inc. (d/b/a Champion Air) and GHI-CA
Corporation as the Company's designated director and agree that such service shall be permitted pursuant to this Section 5(a) only for so long as he continues to serve as the Company's
designated director at the Company's request. Mr. Foret may resign from such boards in his sole discretion, and agrees to resign from such boards immediately upon the request of the Company,
and no resignation by Mr. Foret from such boards shall constitute a breach of this Agreement. The Company acknowledges that, with respect to his service as a director of such companies,
Mr. Foret is subject to certain fiduciary duties under applicable law and nothing herein shall be deemed to require Mr. Foret to act in a manner that violates his fiduciary obligations
to such companies. 

        (b)    Non-Solicitation.    In addition, during the Term hereof, Consultant agrees that, without the
Company's prior written consent, neither Consultant nor any of Consultant's employees will solicit or encourage any employee of the Company or its affiliates to leave the employment of the Company or
its affiliates. 

        (c)    Injunctive Relief.    Consultant agrees that any breach of the terms of this Section 5 would result in
irreparable injury and damage for which there would be no adequate remedy at law, and that, in the event of said breach or any threat of breach, the Company shall be entitled to an immediate
injunction and restraining order to prevent such breach or threatened breach, without having to prove damages, in addition to any other remedies to which the Company may be entitled at law or in
equity. Consultant further agrees that the provisions of the covenant not to compete are reasonable. Should a court determine, however, that any provision of the covenant not to compete is
unreasonable, either in period of time, geographical area, or otherwise, the parties hereto agree that the covenant should be interpreted and enforced to the maximum extent which such court deems
reasonable. The existence of any claim or cause of action or otherwise (other than the failure to pay amounts owed under Section 3, the failure to provide indemnification and insurance in
accordance with Section 10, or an assignment by Northwest in breach of Section 11), shall not constitute a defense to the enforcement of the covenants and agreements of this
Section 5. 

        6.    Confidentiality.    Consultant agrees that any information Consultant or its employees receive or review
concerning the Company, including, but not limited to, any information concerning the Company's operations and business activities, and any other information or material proprietary to the Company of
which the Consultant may obtain knowledge or access from the Company during Consultant's consultancy hereunder (whether received before or after the Effective Date) (hereinafter "Confidential
Information") is proprietary and confidential to the Company. The Consultant agrees to hold in confidence and not to directly or indirectly reveal, report, publish, disclose or transfer any of the
Confidential Information to any person or entity, or utilize any of the Confidential Information for any purpose, except as may be agreed in writing in advance between the Company and the Consultant.
Consultant further agrees to indemnify the Company against any loss or liability resulting from, or arising in connection with, unauthorized and willful use or disclosure of Confidential Information
by Consultant or by any employee of Consultant. 

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        7.    Work Made for Hire.    Title and full ownership of any invention developed by Consultant or any employee of
Consultant while performing services hereunder, whether patentable or otherwise, shall
vest in the Company. Any development, modification or translation by Consultant or any employee of Consultant of copyrightable material in connection with services rendered hereunder shall be
considered a "work made for hire" under the United States copyright laws, and the copyright in and to such material shall belong to the Company. To the extent the development, modification or
translation may not be deemed a "work made for hire," Consultant and any employee of Consultant shall be deemed to have assigned all copyright rights therein to the Company, and Consultant shall
execute or cause its employees to execute all documents required by the Company to effect such assignment. Consultant shall promptly provide the Company with copies of all developments, modifications
or translations made by, for or on behalf of Consultant. Neither Consultant nor any employee of Consultant shall assert or establish a claim for any statutory or common law patent or copyright or any
other possessory or proprietary right on any of the above. Consultant shall fully cooperate with the Company in registering, creating or enforcing any patents, copyrights, or other possessory or
proprietary rights arising hereunder, and cause its employees to so cooperate, provided that in the event any assistance by Consultant or any employee of Consultant is requested and rendered pursuant
to this paragraph, the Company shall reimburse Consultant or Consultant's employees for all out-of-pocket expense incurred by Consultant or Consultant's employees in rendering
such assistance, and shall, if such assistance is rendered after the Term, pay Consultant at the rate per month set forth in Section 3 hereof for any time spent by Consultant's employees in
rendering such assistance. 

        8.    Default and Termination.    If either party to this Agreement defaults in the performance of any term or
condition hereof or does or permits anything to be done contrary to any term or condition hereof and such default continues for five (5) days after such party's receipt of written notice of
such default specifying the nature of the default, then the non-defaulting party may terminate this Agreement and, consistent with the terms of Section 2 of this Agreement, pursue
any other remedy available in law or in equity; provided, however, that pursuant to Section 2 hereof the Company shall be entitled to terminate this Agreement immediately without notice to
Consultant in the event Consultant or any of Consultant's employees breach any obligations set forth in Section 5(a) hereof. The parties agree that the terms and conditions set forth in
Sections 4, 6, 7, 8, 10, 12, 14 and 15 of this Agreement shall survive termination of this Agreement for any reason. In the event any suit or other action is commenced to construe or enforce any
provisions of the Agreement, the prevailing party, in addition to all other amounts such party shall be entitled to receive from the other party, shall be paid by the other party a reasonable sum for
attorney's fees and costs, which attorneys' fees and costs shall not exceed the amount of fees and costs incurred by the losing party for its own attorneys' fees and costs. 

        9.    Assumption of Risk.    Consultant assumes all risks incidental to the presence of any employee of Consultant on
the Company's premises and the activities conducted there and Consultant agrees that the Company, its employees and agents shall not be liable for injuries, damages or losses resulting from such
activities except to the extent arising from the gross negligence or willful misconduct of the Company; provided, however, that nothing in this Section 9 shall affect in any manner any claim of
Consultant or Consultant's employees against the Company resulting from or arising out of any transportation services provided by the Company. 

        10.    Indemnification; Insurance.    

        (a)    Indemnification.    The Company shall indemnify, defend and hold harmless Consultant and any Consultant
Representative (individually, an "Indemnified Person" and collectively, "Indemnified
Persons") from and against any claim, liability, loss or expense, including without limitation reasonable attorneys' fees and costs and expenses of litigation, arising out of or in connection with the
engagement by the Company hereunder, except for any claim, liability, loss or 

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expense based on the willful misconduct of any Indemnified Person, willful breach of Consultant's or Mr. Foret's obligations set forth herein, or any willful act of Consultant or any
Consultant Representative knowing such act to be outside the scope of the authority granted by the Company. Upon receipt by an Indemnified Person of notice of any action, claim, suit or proceeding
(collectively, an "Action") against such Indemnified Person with respect to which indemnity may be sought under this Agreement, such Indemnified Person shall provide prompt written notice of such
Action to the Company and shall permit the Company to assume the defense of any such Action. Any Indemnified Person against which such Action is brought may participate in such defense at its own
expense; provided, however, that the Company shall bear the expense of such defense of such Indemnified Person if representation of both parties by the
same counsel would be inappropriate due to an actual conflict of interest (as determined in good faith by the Company). In connection with the defense of any claim or litigation for which any
Indemnified Person has sought indemnification hereunder, the Company will not, without the prior written consent of such Indemnified Person, consent to the entry of any judgment or enter into any
settlement which does not include as an unconditional term thereof the release of such Indemnified Person from any liabilities with respect to such claim or litigation. 

        (b)    Insurance.    The Company has named Mickey Foret in his capacity as President of Consultant as an additional
insured on its general liability and director and officer liability insurance policies. 

        11.    Assignment.    Consultant may not assign this Agreement or delegate (except to Mr. Foret) any duties
hereunder without the prior written consent of the Company. The Company may not assign this Agreement or delegate any duties hereunder without the prior written consent of Consultant. 

        12.    Entire Agreement.    This Agreement contains the entire agreement between Consultant and the Company with
respect to the services to be rendered by Consultant hereunder. All prior agreements and understandings between the parties are superseded; provided, however, that any agreements between the Company
and Mr. Foret pertaining to Mr. Foret's prior employment with the Company are outside the scope of this Agreement and shall remain unaffected hereby. 

        13.    Amendment; Waiver.    No provision of this Agreement may be modified, waived, terminated or amended except by a
written instrument executed by the parties hereto. No waiver of a breach of any provision of this Agreement shall constitute a waiver of any subsequent breach of the same or other provisions hereof. 

        14.    Notices.    All notices and other communications required or permitted under this Agreement shall be made in
writing and shall be deemed given if delivered as follows: 

(a)    If
to the Company, to: 

Northwest
Airlines, Inc.

5101 Northwest Drive

St. Paul, MN 55111

Attention: Chief Financial Officer 

(b)    If
to Consultant, to: 

Aviation
Consultants LLC

7001 Valley View Road

Edina, MN 55439

Attention: Mickey P. Foret, President 

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with
a copy to: 

Mickey
P. Foret, President

mpforet@aol.com

with
a copy to: 

Kathy
Noecker, Esquire

Faegre & Benson LLP

2200 Wells Fargo Center

90 South Seventh Street

Minneapolis, MN 55402 

or
to such other address as any party shall have specified by notice in writing to the other party. All such notices, requests, demands and communications shall be deemed to have been received on
(i) the
date of delivery if sent by messenger or a recognized overnight courier service or (ii) on the date received, if sent by fax. 

        15.    Governing Law; Arbitration.    This Agreement shall be governed by and construed in accordance with the law of
the State of Minnesota applicable to contracts made and to be performed entirely within such jurisdiction. Except as provided in Section 5 hereof, any and all claims or disputes relating to
this Agreement and its enforcement, including but not limited to the issue of arbitrability are subject to mandatory arbitration between Consultant and the Company. The arbitration shall be conducted
in Minneapolis, Minnesota in accordance with the Rules of the American Arbitration Association and shall be final and binding on both parties. The expenses of the neutral arbitrator and any court
reporter shall be paid by the Company. 

        16.    Severability/Construction.    If any provision of this Agreement is prohibited by law or held to be invalid,
illegal, or unenforceable, the remaining provisions hereof shall not be affected, and this Agreement shall continue in full force and effect as if such prohibited, illegal or invalid provision had
never constituted a part hereof, with this Agreement being enforced to the fullest extent possible. This Agreement shall not be construed against the party preparing it, but shall be construed as if
both parties jointly prepared it and any uncertainty or ambiguity shall not be interpreted against either party. 

        17.    Conflicts.    The parties hereto agree that this Agreement shall be non-exclusive in nature, and
that neither the Company nor Consultant shall be prohibited from entering into similar arrangements during the term of this Agreement. However, Consultant agrees not to represent, advise, give advice
to or otherwise consult during the term of this Agreement with any person, company, partnership or other entity with respect to any matters relating to the business of the Company when such matter may
involve the Company or may otherwise be in conflict with the Company's business, and shall prevent any employee of Consultant from doing the same, unless an officer of the Company has consented in
writing to waive such conflict. 

        18.    Headings.    The headings contained in this Agreement are inserted purely as a matter of convenience and
neither form an operative part of it nor are to be used in interpreting its meaning. 

        19.    Counterparts.    This Agreement may be executed in one or more counterparts, which shall collectively and
separately constitute one agreement. 

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        IN
WITNESS WHEREOF, the Company and Consultant have executed this Agreement as of the date first above written. 

	

NORTHWEST AIRLINES, INC.	
 	

AVIATION CONSULTANTS LLC
	

By:	

/s/  RICHARD H. ANDERSON      
 Richard H. Anderson

Chief Executive Officer	
 	

By:	

/s/  MICKEY P. FORET      
 Mickey P. Foret

President

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EXHIBIT A    
    
    ADOPTION AGREEMENT    
  

        This ADOPTION AGREEMENT ("Agreement") is entered into as of this 20th day of December, 2002, but is made effective as of October 1, 2002 (the "Effective
Date"), by and between NORTHWEST AIRLINES, INC., a Minnesota corporation (the "Company"), and Mickey P. Foret ("Mr. Foret"). 

        WHEREAS,
Mr. Foret is the President and sole member of Aviation Consultants LLC ("Consultant"); 

        WHEREAS,
Consultant and the Company have entered into that certain Consulting Agreement of even date herewith (the "Consulting Agreement"), to which this Agreement is attached as
Exhibit A, pursuant to which Consultant has agreed to make Mr. Foret available to perform certain services to the Company on the terms and conditions set forth therein; 

        WHEREAS,
the Consulting Agreement contains certain obligations to be performed by both Consultant and Mr. Foret; and 

        WHEREAS,
the Company and Mr. Foret desire to enter into this Agreement, pursuant to which Mr. Foret agrees to become a party to the Consulting Agreement solely with respect
to certain specified obligations set forth therein; 

        NOW,
THEREFORE, for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereto hereby agree as follows: 

        1.    Adoption.    By execution of this Agreement, Mr. Foret hereby agrees to become a party to the foregoing
Consulting Agreement solely with respect to the obligations set forth in Sections 5, 6, 7, 9, 10 and 15 thereof. Mr. Foret shall be obligated to the same extent as, and shall have any and all
defenses of, Consultant under the Consulting Agreement. As such, Mr. Foret agrees that, in the event of a failure by Mr. Foret to perform any of his obligations set forth in such
sections of the Consulting Agreement, the Company shall be entitled to pursue, in accordance with the provisions of the Consulting Agreement, all remedies available to it directly against
Mr. Foret, as if Mr. Foret were a party to such agreement. In addition, Mr. Foret acknowledges and agrees that he is not an agent of the Company, he does not and will not have any
authority to act as an agent of the Company except on authority specifically so delegated and he shall not represent to the contrary to any person. 

        2.    Miscellaneous.    

        (a)  This
Agreement may be executed in one or more counterparts, which shall collectively and separately constitute one agreement. 

        (b)  This
Agreement shall be governed by the laws of the State of Minnesota pplicable to contracts made and to be performed entirely within such jurisdiction. 

        IN
WITNESS WHEREOF, the Company and Mr. Foret have executed this Agreement as of the date first above written. 

	

NORTHWEST AIRLINES, INC.	
 	

MICKEY P. FORET
	

By:	

/s/  RICHARD H. ANDERSON      
 Richard H. Anderson

Chief Executive Officer	
 	

/s/  MICKEY P. FORET      

8

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Exhibit 10.23  

 
 

MANAGEMENT COMPENSATION AGREEMENT    
    
    between    
    
    NORTHWEST AIRLINES, INC.    
    
    and    
    
    BERNARD L. HAN    
    
    dated as of    
    

September 27, 2002    
  

MANAGEMENT COMPENSATION AGREEMENT  

        MANAGEMENT COMPENSATION AGREEMENT made as of the 27th day of September, 2002 by and between Northwest Airlines, Inc., a Minnesota corporation
(the "Company") and Bernard L. Han (the "Executive"). 

PREAMBLE  

        The Company and Executive hereby desire to enter into a Management Compensation Agreement dated as of September 27, 2002. 

        1.    Terms of Employment.    

        1.1    Employment.    The Company agrees to employ Executive, and Executive agrees to be employed by the Company, on
the terms and conditions set forth herein. 

        1.2    Position and Duties.    During the term of Executive's employment hereunder, Executive shall serve as Executive
Vice President & Chief Financial Officer of the Company and shall have such powers and duties as may from time to time be prescribed by the Company. Executive shall devote substantially all his
working time and effort to the business and affairs of the Company and its affiliates. 

        2.    Compensation.    

        2.1    Base Salary.    Executive's Base Salary as of the Effective Date shall be $425,000. Executive's Base Salary in
effect from time to time may only be reduced in connection with a base wage reduction for salaried employees of the Company, by an amount not to exceed 20% of Base Salary in effect on the date of such
wage reduction. For purposes of calculating any other payments or benefits hereunder (except as specified in Section 2.6) any reductions in Base Salary shall be disregarded. Executive's Base
Salary shall be payable in accordance with the Company's payroll policies. 

        2.2    Bonus.    Executive shall be entitled to participate in the Company's Key Employee Annual Cash Incentive Plan
(the "KEACIP") or any successor annual bonus plan, the terms and conditions of which shall be established by the Board from time to time. For the 2002 plan year, Executive's target incentive will be
60% of his Base Salary and will be pro-rated from the Effective Date. In addition, within ten (10) days after the Effective Date Executive shall receive a sign-on bonus
in an amount equal to $300,000; provided that in the event Executive's employment is terminated by the Company for Cause or by Executive without Good
Reason on or before the first anniversary of the Effective Date, Executive will repay to the Company the full amount of the signing bonus. 

        2.3    Retention Payments.    As an inducement to Executive continuing his employment with the Company, the Company
shall pay Executive five (5) payments in the amount of $100,000 each (each, a "Retention Payment" and, collectively, the "Retention Payments") payable on December 31 of 2003, 2004, 2005,
2006 and 2007, subject to Executive remaining an active employee of the Company on the applicable payment dates. Each such retention payment shall be a current inducement to Executive to continue
employment with the Company through the next retention payment date. 

        2.4    Long-Term Incentive Compensation.    Subject to approval by the Compensation Committee, Executive
shall receive: 

        (a)  a
non-qualified stock option to purchase 150,000 shares of common stock, par value $.01 per share of the Company (the "Common Stock") pursuant to the
Company's 2001 Stock Incentive Plan (the "2001 Plan") on the terms and conditions set forth in a Non-Qualified Stock Option Agreement which shall be provided to Executive by the Corporate
Secretary; 

        (b)  a
deferred stock award for 10,000 shares of Common Stock pursuant to the Company's 1999 Stock Incentive Plan (the "1999 Plan") on the terms and conditions set forth 

 

in a Deferred Stock Award Agreement which shall be provided to Executive by the Corporate Secretary; 

        (c)  a
phantom unit award for 39,600 units pursuant to the Company's 2001 Plan on the terms and conditions set forth in a Phantom Stock Unit Award Agreement which shall be
provided to Executive by the Corporate Secretary; and 

        (d)  an
award of ten (10) points pursuant to the Company's E-Commerce Incentive Compensation Program on the terms and conditions set forth in an Award
Notice which shall be provided to Executive by the Corporate Secretary. 

        In
addition, in the event the Company adopts a new long-term cash incentive plan, Executive shall be eligible to participate in such plan on the same terms and conditions as
are applicable to other senior executives of the Company. 

        2.5    Expenses.    During the term of Executive's employment hereunder, Executive shall be entitled to receive prompt
reimbursements for all reasonable expenses incurred in performing services hereunder, provided that Executive properly accounts therefor in accordance
with Company policy. 

        2.6    Compensation and Benefit Programs of the Company.    Except as set forth below, Executive shall, while employed
hereunder, participate in the Company's employee compensation and benefit programs (or any successor programs). Exceptions to the preceding sentence are: 

        (a)  Amounts
payable to Executive under the Company's benefit programs may be reduced to reflect a benefit reduction for salaried employees of the Company in the same manner
that salaried employees are generally affected by such reduction. 

        (b)  Executive
shall not participate in any severance pay plan or annual bonus plan maintained by the Company except to the extent necessary to receive any severance or bonus
payments specifically provided for hereunder. 

        2.7    MERP.    During the term of Executive's employment hereunder, Executive shall be reimbursed by the Company for
all out of pocket medical and dental expenses incurred by Executive or his eligible dependents and not otherwise paid or provided for under any medical or dental plan maintained for the benefit of
Executive. 

        2.8    Retirement Plans.    During the term of Executive's employment hereunder, Executive shall be entitled to
participate in the Company's retirement plans for management employees of the Company. Under the terms of the Northwest Airlines Excess Pension Plan for Salaried Employees (the "Excess Plan"), the
Company shall establish an initial account balance for Executive and, for purposes of calculating Executive's initial account balance, the Company shall credit Executive with pay equal to
$2 million and pay credits equal to 10 percent (10%). In addition, subject to approval by the Compensation Committee, on or before eighteen (18) months following the Effective
Date Executive shall become eligible to participate in the Northwest Airlines Supplemental Executive Retirement Plan (the "SERP") on terms and conditions to be determined by the Compensation
Committee. 

        3.    Other Benefits.    

        3.1    Airline Pass.    In the event Executive remains an active employee of the Company from the Effective Date
through the third anniversary thereof, Executive shall be entitled to receive, upon termination of employment, lifetime airline pass privileges for the personal use of Executive and his spouse or
registered domestic partner and dependent children so long as spouses, registered domestic partners and dependent children of employees generally are eligible for nonrevenue travel pursuant to the
Company's pass policies (hereinafter, "Eligible Individuals"). 

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Such airline pass privileges (the "Airline Pass") shall entitle Executive and Eligible Individuals to travel on regularly scheduled Northwest domestic and international flights, subject to all
charges and fees then applicable to active management employees of the Company and their dependents and pursuant to the Company's pass policies in effect from time to time, with boarding priority of
F-1 or the equivalent thereof for ten (10) years from and after the date such pass is issued and 1-R or the equivalent thereof after such ten year period. Executive
shall be responsible for any personal income tax liability arising from such pass travel. Notwithstanding the foregoing, all benefits under this Section 3.1 shall immediately and permanently
cease in the event Executive violates the Company's pass policies in connection with such travel and/or in the event that Executive is or becomes, at any time thereafter, an employee of any of the top
five (5) airlines in the United States (other than the Company) ranked by revenue passenger miles. 

        3.2    Medical and Dental Benefits.    In the event Executive remains an active employee of the Company from the
Effective Date through the third anniversary thereof, Executive and his eligible dependents (only as long as they shall remain eligible dependents) shall be entitled to participate for the life of
Executive in the Company's medical and dental plans generally applicable to all management employees of the Company under the same terms and conditions as shall apply to such management employees;  provided, however, that if Executive becomes employed by another employer, such coverage shall become
secondary to any coverage provided by such employer for the period in which Executive is entitled to such coverage. 

        4.    Termination of Employment.    

        4.1    Upon Death.    Executive's employment hereunder shall terminate upon his death. 

        4.2    By the Company.    The Company may terminate Executive's employment hereunder at any time with or without
Cause. 

        4.3    By the Executive.    Executive may terminate his employment hereunder at any time for any reason. 

        4.4    Notice of Termination, Payments.    Any termination of Executive's employment hereunder (other than by death)
shall be communicated by thirty (30) days' advance written Notice of Termination by the terminating party to the other party to this Agreement;  provided that no advance Notice of Termination of
Executive for Cause by the Company is required. 

        5.    Payments in the Event of Termination of Employment.    

        5.1    Payments in the Event of Termination by the Company for Cause or Voluntary Termination by Executive.    If
Executive's employment hereunder is terminated by the Company for Cause, as a result of death or Disability or by Executive other than for Good Reason, the Company shall pay Executive (a) his
accrued and unpaid Base Salary through the Date of Termination and (b) any vested or accrued and unpaid payments, rights or benefits Executive may be otherwise entitled to receive pursuant to
the terms of any written retirement, pension or other employee benefit or compensation plan maintained by the Company at the time or times provided therein. 

        5.2    Payments in the Event of Any Other Termination of Employment.    If Executive's employment hereunder is
terminated by the Company other than for Cause, or by Executive for Good Reason: 

        (a)  The
Company shall pay Executive (i) his accrued and unpaid Base Salary through the Date of Termination, (ii) any bonus under the Key Employee Cash
Incentive Bonus Program, or any successor annual bonus plan, (the "Incentive Bonus") for any calendar year ended before the Date of Termination,
(iii) a pro rata share (based on days employed during the applicable year) of the Incentive Bonus Executive would otherwise have received with respect to the year in which the Date of
Termination occurs, payable at the time the Incentive Bonus 

3

 

would otherwise be payable to Executive; provided, however, that 100% of the Incentive Bonus shall be
determined solely with reference to the financial performance of the Company for the year (based on the goals previously established with respect thereto) (rather than a portion of the Incentive Bonus
determined on the basis of individual performance); provided, further, in the event that Company's
performance exceeds 100% of the financial performance target for the year, that portion of the Incentive Bonus that would have, but for this Section 5.2(a), related to the achievement of the
individual performance target shall be 100% and (iv) any vested or accrued and unpaid payments, rights or benefits Executive may be otherwise entitled to receive pursuant to the terms of
(x) any written retirement, pension or other employee benefit or compensation plan maintained by the Company at the time or times provided therein or (y) Section 3 hereof. 

        (b)  In
addition to the compensation and benefits described in Section 5.2(a): 

        (i)    The
Company shall pay Executive, no later than thirty (30) days following Executive's termination of employment, a lump sum amount equal to two (2) times
the sum of (i) Executive's annual Base Salary and (ii) the target Incentive Bonus for Executive with respect to the year in which the Date of Termination occurs (or if no target has been
set for that year, the target Incentive Bonus for the immediately preceding year). 

        (ii)  Until
the earlier of the fourth anniversary of Executive's Date of Termination or the date Executive is employed by a new employer, Executive, his dependents,
beneficiaries and estate shall be entitled to all benefits under the Company's group life insurance as if Executive were still employed by the Company hereunder during such period. 

        (c)  Executive
shall not be required to mitigate the amount of any payment provided for in this Section 5.2 by seeking other employment or otherwise, and no such
payment shall be offset or reduced as a result of Executive obtaining new employment. 

        (d)  Notwithstanding
anything else to the contrary in this Agreement, the Company's obligation regarding the payments and other benefits provided for in Sections
5.2(a)(iii) and (iv) and 5.2(b)(i) and (ii) is expressly conditioned upon the execution, delivery and non-revocation of a general release in the form attached
hereto as Attachment A. 

        5.3    Board/Committee Resignation.    Executive's termination of employment for any reason, shall constitute, as of
the date of such termination and to the extent applicable, a resignation as an officer of the Company and a resignation from the Board (and any committees thereof) and the Board of Directors (and any
committees thereof) of any of the Company's affiliates and from the board of directors or similar governing body of any corporation, limited liability company or other entity in which the Company or
any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as the Company's or such affiliate's designee or other representative. 

        6.    Confidentiality; Non-Compete; Non-Solicitation; Nondisparagement.    

        While
employed by the Company and thereafter, Executive shall not disclose any Confidential Information either directly or indirectly, to anyone (other than appropriate Company employees
and advisors), or use such information for his own account, or for the account of any other person or entity, without the prior written consent of the Company or except as required by law. This
confidentiality covenant has no temporal or geographical restriction. For purposes of this Agreement, "Confidential Information" shall mean all non-public information respecting the
Company's business, including, but not limited to, its services, pricing, scheduling, products, research and development, processes, customer lists, marketing plans and strategies, financing plans and
the terms and provisions 

4

 

of this Agreement, but excluding information that is, or becomes, available to the public (unless such availability occurs through an unauthorized act on the part of the Executive). Upon termination
of this Agreement, Executive shall promptly supply to the Company all property and any other tangible product or document that has been produced by, received by or otherwise submitted to Executive
during or prior to his term of employment, and shall not retain any copies thereof. 

        Executive
acknowledges that his services are of special, unique and extraordinary value to the Company. Accordingly, Executive shall not at any time prior to the first anniversary of the
Date of Termination, whether on Executive's own behalf or on behalf of or in conjunction with any person, company, business entity or other organization whatsoever, directly or indirectly solicit or
encourage any employee of the Company or its affiliates to leave the employment of the Company or its affiliates. 

        While
employed by the Company and thereafter, Executive agrees not to make any untruthful or disparaging statements, written or oral, about the Company, its affiliates, their
predecessors or successors or any of their past and present officers, directors, stockholders, partners, members, agents and employees or the Company's business practices, operations or personnel
policies and practices to any of the Company's customers, clients, competitors, suppliers, investors, directors, consultants, employees, former employees, or the press or other media in any country. 

        Executive
agrees that any breach of the terms of this Section 6 would result in irreparable injury and damage for which there would be no adequate remedy at law, and that, in the
event of said breach or any threat of breach, the Company shall be entitled to an immediate injunction and restraining order to prevent such breach or threatened breach, without having to prove
damages, in addition to any other remedies to which the Company may be entitled at law or in equity. The provisions of this Section 6 shall survive any termination of this Agreement and
Executive's term of employment. The existence of any claim or cause of action or otherwise, shall not constitute a defense to the enforcement of the covenants and agreements of this Section 6. 

        7.    Successors and Assigns.    

        (a)  This
Agreement shall bind any successor to the Company, whether by purchase, merger, consolidation or otherwise, in the same manner and to the same extent that the
Company would be obligated under this Agreement if no such succession had taken place. 

        (b)  This
Agreement shall not be assignable by Executive. This Agreement and all rights of Executive hereunder shall inure to the benefit of and be enforceable by,
Executive's personal or legal representatives, executors, administrators, successors, heirs, distributes, devises and legatees. 

        8.    Term.    

        The
term of this Agreement shall commence on the Effective Date and end upon the Executive's termination of employment. The rights and obligations of the Company and Executive shall
survive the termination of this Agreement to the fullest extent necessary to give effect to the terms hereof. 

        9.    Notices.    

        Notices
and all other communications provided for in this Agreement shall be in writing and shall be deemed to have been duly given when delivered to and mailed by United States mail,
addressed: 

        (a)  if
to Executive, to the address set forth on the signature page hereto, and 

        (b)  if
to the Company, c/o Northwest Airlines, Inc., 2700 Lone Oak Parkway, Eagan, Minnesota 55121, Attention: General Counsel, 

or,
in each case, to such other address as may have been furnished in writing. 

5

 

        10.    Withholding.    

        All
payments required to be made by the Company hereunder shall be subject to the withholding and/or deduction of such amounts as are required to be withheld or deducted pursuant to any
applicable law or regulation. The Company shall have the right and is hereby authorized to withhold or deduct from any compensation or other amount owing to Executive, applicable withholding taxes and
deductions and to take such action as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such taxes or deductions. 

        11.    Certain Defined Terms.    

        As
used herein, the following terms have the following meanings: 

        "Agreement" shall mean this Management Compensation Agreement, as the same may be amended, supplemented or otherwise modified from time to
time in accordance herewith. 

        "Base Salary" shall mean the salary of the Executive in effect from time to time under Section 2.1. 

        "Board" shall mean the Board of Directors of the Company. 

        "Cause" shall mean with respect to termination by the Company of Executive's employment hereunder (i) an act or acts of dishonesty
by Executive resulting in, or intended to result in, directly or indirectly, any personal enrichment of Executive, (ii) an act or acts of dishonesty by Executive intended to cause substantial
injury to the Company, (iii) material breach (other than as a result of a Disability) by Executive of Executive's obligations under this Agreement which action was (a) undertaken without
a reasonable belief that the action was in the best interests of the Company and (b) not remedied within a reasonable period of time after receipt of written notice from the Company specifying
the alleged breach, (iv) Executive's conviction of, or plea of nolo contendere to, a crime constituting (a) a felony under the laws of any country, the United States or any state thereof
or (b) a misdemeanor involving moral turpitude or (v) a material breach of (a) the Company's Code of Business Conduct or (b) the provisions of this Agreement. 

        "Compensation Committee" shall mean the Compensation Committee of the Board of Directors of the Company or any Subcommittee thereof. 

        "Date of Termination" shall mean, with respect to Executive, the date of termination of Executive's employment hereunder after the notice
period provided by Section 4.4. 

        "Disability" shall mean Executive's physical or mental condition which prevents continued performance of his duties hereunder, if
Executive establishes by medical evidence that such condition will be permanent and continuous during the remainder of Executive's life or is likely to be of at least three (3) years duration. 

        "Effective Date" shall mean October 14, 2002. 

        "Good Reason" shall mean with respect to an Executive, any one or more of the following: 

        (a)  a
material reduction in Executive's Base Salary or level of target bonus under the KEACIP or any successor bonus plan (except as permitted hereunder); 

        (b)  except
as otherwise provided in Section 1.2, any substantial and sustained diminution in Executive's authority or responsibilities hereunder; 

        (c)  the
relocation of the Company's principal executive offices to a location outside the Minneapolis-St. Paul Metropolitan Area; or 

        (d)  a
failure by the Company to comply with any provision of this Agreement; 

6

 

provided, however, that the foregoing events shall constitute Good Reason only if the Company fails to
cure such event within thirty (30) days after receipt from Executive of written notice of the event which constitutes Good Reason;  provided, further,
that "Good Reason" shall cease to exist for an event on the 60th day
following the later of its occurrence or Executive's knowledge thereof, unless Executive has given the Company written notice thereof prior to such date. 

        In
order for Executive's termination of his employment to be considered for Good Reason, such termination must occur within one (1) year after the event giving rise to such Good
Reason. Executive's continued employment shall not constitute consent to, or a waiver of rights with respect to, any circumstance constituting Good Reason hereunder. 

        "Notice of Termination" shall mean a notice specifying the Date of Termination. 

        12.    Executive Representation.    

        Executive
hereby represents to the Company that the execution and delivery of this Agreement by Executive and the Company and the performance by Executive of Executive's duties hereunder
shall not constitute a breach of, or otherwise contravene, the terms of any employment agreement or other agreement or policy to which Executive is a party or otherwise bound. 

        13.    Amendment.    

        No
provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by Executive and an authorized officer
of the Company. 

        14.    Governing Law.    

        The
validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Minnesota, without regard to principles of conflicts of laws. 

        15.    Validity.    

        The
invalidity or unenforceability of any provision or provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement which shall
remain in full force and effect. 

        16.    Arbitration.    

        Except
as otherwise provided in Section 17 of this Agreement, all disputes and controversies arising from or in conjunction with Executive's employment with, or any termination
from, the Company and all disputes and controversies arising under or in connection with this Agreement (except claims for vested benefits brought under ERISA) shall be settled by mandatory
arbitration conducted before one arbitrator having knowledge of employment law in accordance with the rules for expedited resolution of employment disputes of the American Arbitration Association then
in effect. The arbitration shall be held in the Minneapolis/St. Paul metropolitan area at a location selected by the Company. The determination of the arbitrator shall be made within thirty
(30) days following the close of the hearing on any dispute or controversy and shall be final and binding on the parties. The parties hereby waive their right to a trial of any and all claims
arising out of this Agreement or breach of this Agreement. All costs and expenses incurred in connection with any arbitration including, without limitation, arbitrator and attorney's fees, shall be
paid by the nonprevailing party in the arbitration unless the arbitrator determines that such expenses must be otherwise allocated under applicable law to maintain the validity of this
Section 16. 

        17.    Specific Performance.    

        Notwithstanding
Section 16 of this Agreement, if Executive breaches or threatens to commit a breach of Section 6 of this Agreement, the Company shall have the right to
specific performance (i.e., 

7

 

the right and remedy to have the terms and conditions of Section 6 specifically enforced by any court of competent jurisdiction), it being agreed that any breach or threatened breach of
Section 6 would cause irreparable injury and that money damages may not provide an adequate remedy. 

        18.    Cooperation.    

        Executive
shall provide his reasonable cooperation in connection with any investigation, action or proceeding (or any appeal from any action or proceeding) which relates to events
occurring during Executive's employment hereunder. This provision shall survive any termination of this Agreement. 

        19.    Compensation Limitation.    

        Notwithstanding
the foregoing, Executive and the Company agree that (i) to the extent permitted by the Air Transportation Safety and System Stabilization Act (the "Act") any
payments or benefits payable to Executive under this Agreement (including, without limitation, payments under Sections 2 and 5 hereof) or pursuant to any other compensation or benefit plan of the
Company or other arrangement between the Company and Executive that do not comply with the Act shall be deferred until such payments or benefits may be paid under the Act, and (ii) to the
extent the Act does not permit the deferral of any such payments or benefits, the maximum compensation and/or severance Executive may receive from the Company under this Agreement or any other
compensation or benefit plan of the Company or other arrangement between the Company and Executive will not exceed the amount allowed under the Act. 

        20.    Entire Agreement.    

        This
Agreement, together with the Release, any award agreement between the Company and Executive entered into pursuant to the Company's stock incentive plans, the Company's employee
benefit plans in which Executive will participate as provided in this Agreement contain the entire understanding between the Company and Executive with respect to Executive's employment with the
Company and supersedes in all respects any prior or other agreement or understanding between the Company or any affiliate of the Company and Executive with respect to Executive's employment. 

        IN
WITNESS WHEREOF, the Company and Executive have executed this Agreement as of the day and year first above written. 

	 	 	NORTHWEST AIRLINES, INC.
	

 	
 	

By:	
 	

        
 Richard H. Anderson

Chief Executive Officer
	

 	
 	

EXECUTIVE:
	

 	
 	

 Bernard L. Han
	

 	
 	
Executive's Address:

7649 E. Oberlin Way

Scottsdale, AZ 85255

8

   Attachment A  

GENERAL RELEASE  

        WHEREAS,                          (the "Executive") has
been employed by Northwest Airlines, Inc. ("Northwest"); and 

        WHEREAS,
Executive's employment with Northwest has terminated; and 

        WHEREAS,
Executive and Northwest have reached a full and final compromise and settlement of all matters, disputes, causes of action, claims, contentions and differences between them and
Northwest's divisions, merged entities and affiliates, subsidiaries, parents, branches, predecessors, successors, assigns, officers, directors, trustees, employees, agents, stockholders,
administrators, representatives, attorneys, insurers or fiduciaries, past, present or future (the "Released Parties"), including but not limited to any and all claims arising from or derivative of
Executive's employment with Northwest and his termination from employment with Northwest; 

        WHEREAS,
in return for Northwest performing its obligations as provided for herein and as set forth in the Management Compensation Agreement dated as of
                        , 2001, by and between Northwest and Executive (the "Agreement"), Executive will execute and comply
fully with the terms of this General Release (the
"Release"); 

        WHEREAS,
Executive (i) understands that in executing the Release he is, inter alia, giving up rights and claims under the Age
Discrimination in Employment Act of 1967, as amended, 29 U.S.C. Section 621 et seq. ("ADEA"), and (ii) has been given a period of not less
than twenty-one (21) days within which to consider this Release; 

        NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, Executive and Northwest agree and covenant as follows: 

        1.    By
entering into this Release, the Released Parties do not admit, and each specifically denies any liability, wrongdoing or violation of any law, statute, regulations,
agreement or policy. 

        2.    Executive's
employment with Northwest shall be terminated effective                         ,
            . 

        3.    In
consideration of the obligations of Executive as set forth in this Release and the Agreement, and in full settlement and final satisfaction of any and all claims,
contractual or otherwise, which Executive had, has or may have against Northwest and/or the Released Parties with respect to his employment, termination from employment with Northwest, or otherwise
arising on or prior to the date of execution of this Release, Northwest shall pay to Executive the payments and benefits to which Executive is entitled under the Agreement. This Release shall not
pertain to any claim alleging that Northwest has failed to comply with any obligations created by this Release or that Northwest has failed to pay to Executive the payments and benefits to which
Executive is entitled under the Agreement upon termination of Executive's employment. 

        4.    (a)
Executive, for and in consideration of the payments as set forth in the Agreement and for other good and valuable consideration, hereby releases and forever
discharges and covenants not to sue, and by this Release does release and forever discharge, the Released Parties of and from all debts, obligations, promises, covenants, collective bargaining
obligations, agreements, contracts, endorsements, bonds, controversies, suits or causes of actions known or unknown, suspected or unsuspected, of every kind and nature whatsoever, which may heretofore
have existed or which may now exist, including but not limited to those arising under the ADEA, Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. Section 2000e,  et seq., Executive
Order 11246, 30 Fed. Reg. 12319; the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. Section 1001,  et seq., the Americans With Disabilities Act, as amended, 42 U.S.C.
Section 12101, et seq., the
Federal Equal Pay Act, 29 U.S.C. 

9

 

Section 2061, et seq., the Reconstruction Era Civil Rights Act, as amended, 42 U.S.C. Section 1981, et
seq., the Rehabilitation Act of 1973, as amended, 29 U.S.C. Section 701, et seq., the Family and Medical Leave Act of
1992, 29 U.S.C. Section 2601, et seq., the Minnesota Human Rights Act, Minn. Stat. Section 363.01, et
seq., and any all state or local constitutions and/or laws regarding employment discrimination and/or federal, state or local constitutions and/or laws of any type or
description regarding employment as well as any claim for breach of contract, wrongful discharge, breach of any express or implied promise, misrepresentation, fraud, whistleblowing, retaliation,
violation of public policy, infliction of emotional distress, defamation, promissory estoppel, invasion of privacy or any other theory or claim, whether legal or equitable, including but not limited
to any claims arising from or derivative of Executive's employment with Northwest and Executive's termination of employment with Northwest or otherwise. Executive acknowledges that he has not been
discriminated against on the basis of age, sex, disability, race, ethnicity, religion or any other protected class status. 

        (b)  Without
in any way limiting the foregoing, this Release shall not affect any present or future indemnification obligations that Northwest and the Released Parties may
have to Executive pursuant to any charter, by-law, agreement or policy of insurance. 

        (c)  This
Release shall not affect Executive's rights under one or more Non-Qualified Stock Option Agreements, Deferred Stock Award Agreement or Phantom Stock
Unit Award Agreement between Northwest and the Executive governing the terms of any stock option grant or other stock award outstanding on the date hereof, which rights shall continue to be governed
by the terms of the agreement applicable to such stock option or other stock award. 

        5.    Executive
covenants and agrees not to sue nor authorize any other party, either governmental or otherwise, to file any grievances, arbitration or commence any other
proceeding, administrative or judicial, against the Released Parties in any court of law or equity, or before any administrative agency, with respect to any matter relating to this Agreement or to
matters occurring during Executive's employment with Northwest. 

        6.    The
Released Parties and Executive understand and agree that the terms of this Release and the Agreement are confidential. 

        7.    Executive
agrees not to make any untruthful or disparaging statements, written or oral, about Northwest, the Released Parties or Northwest's personnel policies and
practices to any of Northwest's customers, competitors, suppliers, employees, former employees, or the press or other media. Except as herein contemplated, Executive also agrees that he will not
voluntarily participate in any proceeding of any kind brought against the Released Parties relating to this Agreement or to matters occurring during Executive's employment with Northwest. 

        8.    (a)
The parties agree that this Release should be construed in accordance with the laws of the State of Minnesota, exclusive of Minnesota choice of law provisions. 

        (b)  The
parties agree that any and all further legal proceedings between Executive and the Released Parties, whether arising under statute, constitutions, contract, common
law or otherwise, including the issue of arbitrability, will be submitted for resolution exclusively pursuant to the arbitration provision contained in the Agreement. The parties hereby waive their
right to a trial of any and all claims arising out of this Release or breach of this Release. 

        (c)  Should
any provision of this Release be found to be in violation of any law, or ineffective or barred for any reason whatsoever, the remainder of this Release shall be
in full force and effect to the maximum extent permitted by law. 

        9.    Northwest
and Executive agree to execute such other documents to take such other actions as may be reasonably necessary to further the purposes of this Release. 

10

 

        10.  (a)
Executive acknowledges and agrees that, in deciding to execute this Release, he has had the opportunity to consult with legal, financial and other personal advisors
of his own choosing as he deems appropriate, in assessing whether to execute this Release. Executive represents and acknowledges that no representations, statement, promise, inducement, threat or
suggestion has been made by Northwest or the Released Parties to influence Executive to sign this Release except such statements as are expressly set forth herein. Executive agrees that he has been
given a minimum of twenty-one (21) days within which to consider the terms and effects of this Release insofar as it relates to settlement and release of potential claims under the
ADEA, and to consult with, and to ask any questions that he may have of anyone, including legal counsel and other personal advisors of his own choosing, and that he has executed this Release
voluntarily and with full understanding of its terms and effects. 

        (b)  Executive
has the right to rescind this Release as far as it extends to potential claims under Minn. Stat. Ch. 363 (prohibiting discrimination in employment) by written
notice to the Company within 15 calendars days following the execution of this Release. Executive also has the right to revoke this Release as far as it extends to potential claims under the Age
Discrimination in Employment Act, 29 U.S.C. Section 621 et seq., by informing the Company of his intent to revoke this Release within seven
calendar days following the execution of this Release. To be effective, notice, rescission or revocation must be in writing and must be delivered either by hand or by mail to Douglas M. Steenland,
Executive Vice President & Chief Corporate Officer of Northwest Airlines, Inc., Department A1180, 5101 Northwest Drive, St. Paul, Minnesota, 55111-3034, within the specified
period. If a notice of rescission or revocation is delivered by mail, it must be: (i) postmarked within the 15 or 7 day period, respectively, (ii) properly addressed to
Mr. Steenland as set forth above, and (iii) sent by certified mail return receipt requested. This Release shall not become effective or enforceable until the 15 or 7 day periods
described above have expired. No payments shall be due, owing or paid by Northwest unless and until this Release becomes effective. 

        This
Release may not be changed or modified, except by a written instrument signed by Executive and Northwest. 

	NORTHWEST AIRLINES, INC.	 	EXECUTIVE:
	

/s/ Richard H. Anderson
 Richard H. Anderson

Chief Executive Officer	
 	

/s/ Bernard L. Han
 Bernard. L. Han

11

QuickLinks

MANAGEMENT COMPENSATION AGREEMENT between NORTHWEST AIRLINES, INC. and BERNARD L. HAN dated as of September 27, 2002

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