Honeywell 2008 Annual Report Download - page 231

2.3 Board of Directors - means the Board of Directors of Honeywell.
2.4 Code - means the Internal Revenue Code of 1986, as amended from time to time.
2.5 Committee - means the Management Development and Compensation Committee of Honeywell.
2.6 Deferral Plan - means the Salary and Incentive Award Deferral Plan for Selected Employees of Honeywell International Inc. and its
Affiliates, as the same may be amended from time to time.
2.7 Earliest Retirement Date – means the earliest date as of which the participant would be eligible to commence the receipt of his Pension
Plan benefit, whether or not he elects to commence receipt of such Pension Plan benefit as of such date.
2.8 Honeywell - means Honeywell International Inc., a Delaware corporation and its subsidiaries.
2.9 Incentive Plan - means the Honeywell International Inc. Incentive Compensation Plan for Executive Employees, and all predecessor and
successor plans.
2.10 Pension Plan - means the AlliedSignal Inc. Retirement Program (or any successor defined benefit pension plan) and any other defined
benefit pension plan covering salaried employees of Honeywell International Inc. other than (i) this Plan, (ii) the portion of any defined benefit
pension plan providing benefits to employees under the Honeywell Retirement Benefit Plan formula, the UOP Pension Plan formula, the UOP
International Pension Plan for US Employees, the Norcross pension plan formula and the Novar pension plan formula and provisions of such
pension plans, and (iii) the AlliedSignal Pension Plan for Contractual Obligations. Notwithstanding the foregoing, any Plan participant who is a
participant in a plan described in subclause (ii) above and who has waived his or her right to the change in control benefit to which he or she
was previously entitled under the terms of a severance agreement or plan maintained by Honeywell Inc. and is a participant in the Honeywell
International Inc. Supplemental Executive Retirement Plan for Executives in Career Band 6 and Above shall have this definition apply without
regard to subclause (ii) above.
2.11 Plan - means the Honeywell International Inc. Supplemental Pension Plan.
2.12 Separation from Service Date – means the date on which the participant’s separation from service with Honeywell and its subsidiaries and
affiliates occurs within the meaning of Section 409A of the Code. A participant’s Separation from Service Date occurs when the facts and
circumstances indicate that Honeywell and the participant reasonably anticipate that no further services will be performed after a certain date or
that the level of services the participant will perform after such date will permanently decrease to no more than 20% of the average level of
services performed over the immediately preceding 36-month period (or, if shorter, the entire period of the participant’s employment by
Honeywell and its subsidiaries and affiliates).