Honeywell 2006 Annual Report Download - page 175
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3.10 Successor to the Company. The term "company" as used in the plan shall include any successor to the company by reason of
merger, consolidation, the purchase of all or substantially all of the company's assets or otherwise.
3.11 Miscellaneous. The plan shall be binding upon and inure to the benefit of the parties, their legal representatives, successors and
assigns, and all persons entitled to benefits hereunder. Any notice given in connection with the plan shall be in writing and shall be
delivered in person or by registered mail, return receipt requested. Any notice given by registered mail shall be deemed to have been
given upon the date of delivery indicated on the registered mail return receipt, if correctly addressed.
SECTION 4
Amendment and Termination
While the company expects to continue the plan, it must necessarily reserve, and hereby does reserve, the right, either in general or as
to one or more particular particpants, to amend the plan from time to time or to terminate the plan at any time; provided (i) that no
amendment of the plan with respect to a participant that reduces or eliminates any benefits such participant has accrued as of the
effective date of such amendment shall be effective unless such participant consents to such amendment; and (ii) no amendment of the
plan with respect to a participant whose Employment Period under his Employment Agreement has not yet ended that adversely
affects such participant, or termination of the plan with respect to such a participant, by the company on any date shall be effective
prior to the date on which (without any extension thereof) such participant's Employment Period is then scheduled to end pursuant to
his Employment agreement unless the participant consents to such amendment or termination.
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