0000319687-00-500010 Sample Contracts

AGREEMENT IN PRINCIPLE
Agreement in Principle • November 6th, 2000 • Continental Airlines Inc /De/ • Air transportation, scheduled • New York

Continental Airlines, Inc. ("Continental") and Northwest Airlines Corporation, Northwest Airlines Holdings Corporation and Northwest Airlines, Inc. (collectively, "Northwest") intend to negotiate definitive agreements (the "Definitive Agreements") governing the transactions contemplated by the attached Class A Recapitalization Term Sheet (the "Term Sheet").

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