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EXHIBIT 10.15(e)
SEPARATION
AGREEMENT AND GENERAL RELEASE APPLICABLE TO EXECUTIVE OFFICERS
DELTA AIR LINES, INC. DIRECTOR AND OFFICER SEVERANCE PLAN
1. I,
________________________ (referred to herein as "Employee", "I",
or
(Employee Name)
"me"), wish to accept the benefits being offered by Delta Air
Lines, Inc.
("Delta") for which I am eligible under the Delta Air Lines, Inc.
Director and
Officer 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.
Benefits
Under the Plan
2. In
exchange for voluntarily executing and returning this Agreement
to
Delta within forty-five (45) days of my receipt of it, 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 travel privileges, if any,
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.
General
Release and Other Agreements of Employee
3. 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 Family-Care Survivorship and
Disability Plan,
the Delta Family-Care Retirement Plan, the Delta Family-Care
Savings 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 Air Lines, Inc., and its
predecessors,
successors, 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
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Rehabilitation Act of 1973, as amended; The Family & Medical
Leave Act; The
Worker Adjustment and Retraining Notification Act; 42 U.S.C.
Sections 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 concerning any of the matters covered by this Agreement. In
the event that
I sue, or anyone acting on my behalf sues, any Released Party
concerning any of
the matters covered by 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. 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. I
understand that there may be numerous, valuable rights under
federal
and state law, including rights under the Age Discrimination
Employment Act of
1967, as amended, 29 U.S.C. Section 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
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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 that I am eligible for the benefits described in
the
Plan due to organizational or other business change at Delta. I
have been given,
in writing, information as to the ages of those Executive Vice
Presidents who
are being afforded the opportunity to participate in this Plan due
to these
factors at this time. That information is contained in Attachment A
hereto. I
also understand that certain Executive Vice Presidents are not
eligible to
participate in the Plan due to these factors at this time. That
information is
contained in Attachment B hereto. In addition, I understand I may
review written
information identifying the job title and age of each officer and
director at
Delta who has been afforded the opportunity to participate in this
Plan, as well
as each officer and director who has not been given the opportunity
to
participate in this Plan, by submitting a written request for that
information
to Michael S. Medeiros, Delta Air Lines, Inc., Department 216, P.O.
Box 20706,
Atlanta, Georgia 30320-6001. Finally, I certify that I have
received, in
writing, a disclosure as to the eligibility factors and time limits
applicable
to this Plan.
g. I
understand I have seven (7) days after signing this Agreement
to revoke this Agreement. To revoke this Agreement, I must notify
Delta of the
intent to rev
