Honeywell 2008 Annual Report Download - page 198

inconsistencies or ambiguities in, the language of the Plan); to determine all questions of fact arising under the Plan, including questions as to eligibility for
and the amount of benefits; to establish such rules and regulations (consistent with the terms of the Plan) as it deems necessary or appropriate for
administration of the Plan; to delegate responsibilities to others to assist it in administering the Plan; and to perform all other acts it believes reasonable and
proper in connection with the administration of the Plan. The Named Fiduciary shall be entitled to rely on the records of the Employer in determining any
Participant’s entitlement to and the amount of benefits payable under the Plan. Any determination of the Named Fiduciary, including interpretations of the
Plan and determinations of questions of fact, shall be final and binding on all parties.
The Named Fiduciary may retain attorneys, consultants, accountants or other persons (who may be employees of the Employer) to render advice and
assistance and may delegate any of the authorities conferred on him under this Plan to such persons as he shall determine to be necessary to effect the
discharge of his duties hereunder. The Plan Administrator, or other Named Fiduciary, the Employer, the Company and its officers and directors shall be
entitled to rely upon the advice, opinions and determinations of any such persons. Any exercise of the authorities set forth in this Section 7, whether by the
Plan Administrator, or other Named Fiduciary or his delegee, shall be final and binding upon the Employer and all Participants.
(c) Plan Year. The plan year shall be the calendar year.
(d) Indemnification. To the extent permitted by law, the Employer shall indemnify any Named Fiduciary from all claims for liability, loss, or damage
(including payment of expenses in connection with defense against such claims) arising from any act or failure to act in connection with the Plan.
8. Claims and Appeals Procedures.
Except as provided in Sections 22(c)-(f), the Plan’s benefit claims and appeals procedures shall be as follows:
(a) Any request or claim for Plan benefits must be made in writing and shall be deemed to be filed by a Participant when a written request is made by the
claimant or the claimant’s authorized representative which is reasonably calculated to bring the claim to the attention of the Named Fiduciary.
(b) The Named Fiduciary shall provide notice in writing to any Participant when a claim for benefits under the Plan has been denied in whole or in part.
Such notice shall be provided within 60 days of the receipt by the Named Fiduciary of the Participant’s claim or, if special circumstances require, and the
Participant is so notified in writing, within 120 days of the receipt by the Named Fiduciary of the Participant’s claim. The notice shall be written in a manner
calculated to be understood by the claimant and shall:
(i) set forth the specific reasons for the denial of benefits;
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