Description of Certain Benefits of Executive Officers
Delta provides the following programs to its executive officers. Delta reserves the right to change, amend or
terminate these benefits, consistent with the terms of the program, at any time for any reason for both active and
retired employees, subject to any individual contractual rights.
Executive Life Insurance : Delta provides life insurance coverage of two times base salary to executive officers
through an endorsement split dollar program under which Delta owns the policy. Delta reimburses active
participants for taxes associated with the program while the endorsement is in effect. After retirement, death
benefit coverage continues for an executive officer who retires at or after age 62 with at least ten years of service.
If an executive officer retires prior to age 62 or with less than ten years of service, the participant’s death benefit
is reduced by 3% for each year of age less than 62 and by 10% for each year of service less than ten years.
Insurance coverage ceases for executive officers who terminate employment other than as a result of retirement,
approved long-term disability or death.
Financial Planning Services : Executive officers are eligible for reimbursement of up to $15,000 per year for
tax preparation, legal and financial planning services under Delta's Financial Planning Program.
Flight Benefits : As is common in the airline industry, Delta provides complimentary travel and certain Delta
Crown Room privileges for executive officers, the officer’s spouse, domestic partner or designated companion,
and the officer's dependent children. Delta reimburses the officer for associated taxes on complimentary travel
with an imputed tax value of up to $20,000 per year. Executive officers who retire at or after age 52 with at least
10 years of service receive these travel privileges during their retirement, but do not receive reimbursement for
associated taxes. By agreement with Delta, Mr. Campbell wi