Yes it is possible, just run the rule wizard
- New Rule from blank / Check messages when they arrive ( click "Next" )
- Then select the conditions the email has to meet ( click "Next" )
- Then check the box that says, "delete it" ( click "Next" )
- Then tell it any exeptions to this rule ( click "Next" and then "Finish" )
EDIT: Your conditions in this case should be...
1 "where my name is in the To or Cc box"
2 "with specific words in the recipient's address"
click on where it says "specific words" and then enter "@pair.com"
3 Then make the exception "Sent only to me"