Honeywell 2008 Annual Report Download - page 188

(i) Gender; Number. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, or neuter, as the
identity of the person or persons may require. As the context may require, the singular may read as the plural and the plural as the
singular.
(j) Employment. The adoption and maintenance of this Plan shall not be deemed to constitute a contract between the Corporation or
its subsidiaries and any employee or to be a consideration for or condition of employment of any person. No provision of the Plan
shall be deemed to give any employee the right to continue in the employ of the Corporation or its subsidiaries or to interfere with the
right of the Corporation or its subsidiaries to discharge any employee at any time without regard to the effect which such discharge
might have upon the employee's participation in the Plan or benefits under it.
(k) Fiduciary Capacities. Any person or group of persons may serve in more than one fiduciary capacity with respect to the Plan.
For purposes of this Subparagraph 13(k), the term "fiduciary" shall have the same meaning as in ERISA.
(l) Participants Subject to Section 16. Notwithstanding anything herein to the contrary, if any request and subject to Section 409A
of the Code, election or other action under the Plan affecting a Participant subject to Section 16 of the Securities Exchange Act of
1934 should require the approval of the Committee to exempt such request, election or other action from potential liability under
Section 16, then the approval of the Committee shall be obtained in lieu of the approval of the Plan Administrator.
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