Honeywell 2008 Annual Report Download - page 248

7.6 Payment of Benefits. If the Plan Administrator determines that a person entitled to receive any benefit payment is under a legal
disability or is incapacitated in any way so as to be unable to manage his financial affairs, the Plan Administrator may direct the
Company to make payments to the Participant's legal representative or to a relative or other person for the Participant's benefit, or to
apply the payment for the benefit of such person in such manner as the Plan Administrator considers advisable. Any payment of a
benefit in accordance with the provisions of this Section 7.6 shall be complete discharge of any liability to make such payment.
7.7 Effectuation of Intent. In the event it should become impossible for the Company or the Plan Administrator to perform any act
required by the Plan, the Company or Plan Administrator may perform such other act as it in good faith determines will most nearly
carry out the intent and purposes of the Plan.
7.8 Headings. The headings of Articles and Sections of this Plan are for convenience of reference only, and in case of conflict between
any such headings and the text of this Plan, the text shall govern.
7.9 Copy of Plan. An executed copy of the Plan shall be available for inspection by any Executive or other person entitled to benefits
under the Plan at reasonable times at the offices of the Company.
7.10 Rules of Construction. Masculine pronouns used herein shall refer to men or women or both and nouns and pronouns when stated
in the singular shall include the plural and when stated in the plural shall include the singular, wherever appropriate.
7.11 Governing Law. This Plan and its provisions shall be construed in accordance with the laws of the State of Delaware to the extent
such Delaware law is not inconsistent with the provisions of ERISA.
7.12 Severability. If any provision of this Plan is held invalid, the invalidity shall not affect other provisions of the Plan which can be
given effect without the invalid provision, and to this end the provisions of this Plan shall be severable.
7.13 Expense of Administration. The reasonable expenses incident to the operation of the Plan shall be paid by the Company.
7.14 Successors. This Plan shall be binding upon and inure to the benefit of the Company, its successors and assigns and each
Participant and his heirs, executors, administrators and legal representatives.
7.15 Compliance with Section 409A of the Code. The Plan is intended to comply with the applicable requirements of Section 409A of
the Code, and will be administered in accordance with Section 409A of the Code to the extent that Section 409A of the Code applies
to the Plan. Notwithstanding any provision of the Plan to the contrary, distributions from the Plan may only be made in a manner, and
upon an event, permitted by Section 409A of the Code. If any payment or benefit cannot be provided or made at the time specified
herein without incurring