RETENTION AGREEMENT AND AMENDMENT TO MANAGEMENT COMPENSATION AGREEMENT (“Agreement”) made as of April 14, 2008 between NORTHWEST AIRLINES, INC., a Minnesota corporation (the “Company”) and Douglas M. Steenland (the “Executive”). WHEREAS, the Company...Retention Agreement and Amendment to Management Compensation Agreement • April 30th, 2008 • Northwest Airlines Corp • Air transportation, scheduled • Minnesota
WHEREAS, Northwest Airlines Corporation has entered into an Agreement and Plan of Merger by and among Delta Air Lines Corporation, Delta Air Lines Merger Sub and Northwest Airlines Corporation dated as of April 14, 2008 (the “Merger Agreement”) pursuant to which, subject to certain conditions described therein, it is anticipated that Delta Air Lines Merger Corporation will merge with and into Northwest Airlines Corporation with Northwest Airlines Corporation continuing as the surviving corporation (as described more fully in the Merger Agreement, the “Merger”);
