Perk Slot 1
Lightweight | Lightweight Pro

Pro Ability: No falling damage.
Scavenger | Scavenger Pro

Pro Ability: Doubles your starting ammo with extra magazines. This also replenishes your tactical grenades.
Ghost | Ghost Pro

Pro Ability: Undetectable by aircraft, infrared and sentries. Enemies won't see your name or a red crosshair when targeting you.
Flak Jacket | Flak Jacket Pro

Pro Ability: Deflects fire damage and allows you to reset the fuse of a thrown grenade when you pick it up.
Hardline | Hardline Pro
Ability: Reduces the amount of kills required for any killstreak by one. For example, the Care Package normally requires 5 kills, but if you have Hardline equipped you only need 4 kills.
Pro Ability: Allows you to randomly choose another reward from a Care Package. When you open a Care Package, you can either take the reward or try again for something better.
For example, when selecting a Care Package and you get the Spy Plane killstreak reward, you get the following option: "Hold X for Spy Plane OR Double Tap to Try Again" (Xbox 360)

Pro Ability: Allows you to randomly choose another reward from a Care Package. When you open a Care Package, you can either take the reward or try again for something better.
For example, when selecting a Care Package and you get the Spy Plane killstreak reward, you get the following option: "Hold X for Spy Plane OR Double Tap to Try Again" (Xbox 360)
Perk Slot 2
Hardened | Hardened Pro

Pro Ability: Your weapons do extra damage to aircraft and turrets. This also reduces flinch when you are shot by someone.
Scout | Scout Pro

Pro Ability: Allows you to switch your weapon faster.
Steady Aim | Steady Aim Pro

Pro Ability: When equipped, this enables you to aim faster after sprinting and recover faster from a knife lunge.
Sleight of Hand | Sleight of Hand Pro

Pro Ability: Allows you to aim down the sight ~50% faster than normal. This doesn't work with weapons that have scopes.
Warlord | Warlord Pro

Pro Ability: You start with one extra lethal and tactical grenade, except smoke (WILLY PETE).
Perk Slot 3
Tactical Mask | Tactical Mask Pro
Ability: Protects you against NOVA GAS.
Pro Ability: Tactical Mask Pro reduces the effects of flashbangs and concussion grenades, it also reveals the position of a flashed or stunned enemy.

Marathon | Marathon Pro

Ability: This extends your sprint time, but it doesn't increase your speed.
Pro Ability: Gives you unlimited sprint.
Ninja | Ninja Pro

Pro Ability: When you have this equipped enemies will be louder, it also makes you completely silent.
Second Chance | Second Chance Pro

Pro Ability: If you have Second Chance Pro equipped you can survive a little longer than normal. Teammates can also revive you - even players that don't have Second Chance. You can see a white REVIVE tag above a player that can be revived.
Hacker | Hacker Pro

Pro Ability: This is one of the most interesting additions to the whole Black Ops perks list. Hacker Pro actually allows you to sabotage enemy Care Packages and also turn enemy equipment friendly. This also makes you invisible to Motion Sensors.