Honeywell 2003 Annual Report Download - page 315
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-13-
portion of the premium paid, and the Company will release the collateral
assignment on the policy. Plan maturity occurs at age 60 or after approximately
15 years of participation, whichever is later.
For questions or information, call David Soczek of Marsh Financial Services, at
1-612-332-5152, or contact Kenneth Bazemore at 1-973-455-3949.
Executive Third Party Liability Insurance Coverage
Your participation in the Company-sponsored third-party liability insurance
coverage program will expire on your Last Day of Active Employment.
Flexible Perquisite Program
You will continue to be eligible for the Company's flexible perquisite program
through the end of the calendar quarter commencing after your Last Day of Active
Employment. Your last payment will be in April 2004.
Executive Auto Insurance
Your coverage under the Honeywell Executive Auto Insurance program will end as
of your Last Day of Active Employment.