Honeywell 2003 Annual Report Download - page 64
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 |
 |
An employee participating in any tax-qualified retirement plan
of the Company or an Affiliate which does not specify an early
retirement age shall be deemed to have terminated due to a
Retirement for purposes of this paragraph 15(b) upon the
attainment by such employee of age 55 and 10 years of service
with the Company or an Affiliate.
4. Paragraph 19 of the 1993 Plan shall be amended by adding the following
sentence to the end thereof:
Further, during a Potential Change in Control Period and
during a period of two years following the occurrence of an
Acceleration Date (other than an Acceleration Date that is
deemed to occur with respect to an Award holder solely by
virtue of Section 12(g)), the Plan may not be amended in any
manner adverse to the interests of Plan Participants.
This Amendment to the 1993 Plan shall be effective as of December 21, 2001.
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