Fourth Amendment to Atlantic Southeast Airlines, Inc. Investment Savings Plan

Summary

Atlantic Southeast Airlines, Inc. has amended its Investment Savings Plan, effective March 28, 2005, to lower the automatic distribution maximum from $5,000 to $1,000. This change means that automatic distributions from the plan will only occur for account balances of $1,000 or less, reducing the need for automatic rollovers. All other terms of the plan remain unchanged. The amendment was executed by an authorized officer of the company.

EX-10.13(E) 11 a06-2947_1ex10d13e.htm MATERIAL CONTRACTS

Exhibit 10.13(e)

 

FOURTH AMENDMENT

TO THE

ATLANTIC SOUTHEAST AIRLINES, INC.

INVESTMENT SAVINGS PLAN

 

This Fourth Amendment to the Atlantic Southeast Airlines, Inc. Investment Savings Plan, which plan was amended and restated in its entirety effective January 1, 1997 and subsequently amended by the First, Second, and Third Amendments, is made and entered on this 30th day of December, 2005, by Atlantic Southeast Airlines, Inc., a corporation duly organized and existing under the laws of the State of Georgia (the “Corporation”).

 

INTRODUCTION

 

The Corporation maintains the Atlantic Southeast Airlines, Inc. Investment Savings Plan (the “Plan”).  The Corporation now desires to amend the Plan to reflect, in good faith, provisions related to the lowering of the automatic distribution maximum to $1,000 to avoid the need for automatic rollovers.

 

AMENDMENT

 

NOW, THEREFORE, the Corporation hereby amends the Plan as follows:

 

1.             Effective as of March 28, 2005, Section 11.1 of the Plan shall be amended to delete the phrase “$5,000” where it appears and to substitute “$1,000” in its stead.

 

2.             Except as specifically amended hereby, the Plan shall remain in full force and effect as prior to this Amendment.

 

IN WITNESS WHEREOF, the Corporation has caused this Fourth Amendment to the Plan to be executed by its duly authorized officer on the day and year first above written.

 

 

ATLANTIC SOUTHEAST AIRLINES, INC.

 

 

 

 

 

By:

/s/

 

 

 

 

Title:

Vice President—People