0000950130-99-000931 Sample Contracts

Exhibit (c)(5) ASA Holdings, Inc. TO: John W. Beiser FROM: ASA Holdings, Inc. DATE: February 15, 1999 ASA Holdings, Inc. (the "Company") has entered into an Agreement and Plan of Merger among the Company, Delta Air Lines, Inc. ("Delta") and Delta Sub,...
Delta Air Lines Inc /De/ • February 22nd, 1999 • Air transportation, scheduled

ASA Holdings, Inc. (the "Company") has entered into an Agreement and Plan of Merger among the Company, Delta Air Lines, Inc. ("Delta") and Delta Sub, Inc. as of the date hereof (the "Merger Agreement"), pursuant to which the Company will become an indirect wholly owned subsidiary of Delta effective as of the Effective Time, as defined in the Merger Agreement (the "Effective Time"). The Company and Delta have acknowledged that you possess extensive knowledge and experience critical to the operations of the Company. Accordingly, the Company has agreed to continue your service on the terms set forth in the attached Term Sheet, which is incorporated herein by reference (the "Term Sheet"). In consideration of the promises and benefits provided by the Company, you have agreed to remain in the employment of the Company and honor the terms set forth in the Term Sheet. You and the Company have agreed to negotiate in good faith to enter into a formal written Employment and Consulting Agreement i

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STOCK AGREEMENT
Stock Agreement • February 22nd, 1999 • Delta Air Lines Inc /De/ • Air transportation, scheduled • Georgia
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