Honeywell 2008 Annual Report Download - page 250

Exhibit 10.13
HONEYWELL
SUPPLEMENTAL DEFINED BENEFIT RETIREMENT PLAN
(Amended and Restated Effective January 1, 2009)
SECTION 1
INTRODUCTION
1.1. Preambles. Honeywell International Inc. ("Honeywell"), a Delaware corporation, maintains a tax qualified defined benefit plan
known as the Honeywell Retirement Earnings Plan (the "Retirement Earnings Plan"), a successor to the Honeywell Retirement Benefit
Plan. Benefits in the Retirement Earnings Plan are restricted by sections 415 and 401(a)(17) of the Internal Revenue Code, as amended
(the "Code"), and by the non-recognition of certain types of compensation.
Section 3(36) and section 4(b)(5) of the Employee Retirement Income Security Act of 1974, as amended, ("ERISA") recognize and
authorize the establishment of an unfunded, nonqualified plan of deferred compensation maintained by an employer solely for the
purpose of providing benefits for employees in excess of the limitations on benefits imposed under section 415 of the Code. Sections
201, 301 and 401 of ERISA also recognize the creation of an unfunded, nonqualified plan maintained by an employer primarily for the
purpose of providing deferred compensation for a select group of management or highly compensated employees.
On April 20, 1976, Honeywell Inc. ("Honeywell Inc.") established the Honeywell Supplementary Retirement Plan for the Purpose of
providing the full benefits promised to employees under the Honeywell Retirement Benefit Plan without regard to the limitation on
benefits imposed by section 415 of the Code. On July 1, 1989, Honeywell Inc. established the Honeywell Supplementary Executive
Retirement Plan For Compensation In Excess Of $200,000 for the purpose of providing the full benefits promised to employees under
the Honeywell Retirement Benefit Plan without regard to the limitation on compensation imposed by section 401(a)(17) of the Code.
On January 1, 1985, Honeywell Inc. established the Honeywell Supplementary Retirement Plan For CECP Participants for the purpose
of providing the full benefits promised to employees under the Honeywell Retirement Benefit Plan without regard to the exclusion
from earnings of deferred incentive awards paid under the Honeywell Corporate Executive Compensation Plan (collectively, "the
SERPs").
Each of the SERPs was amended and restated effective September 20, 1994. The SERPs were amended, completely restated and
consolidated into one plan and completely superseded each Prior Plan Statement effective for persons retiring on or after January 1,
1998. The consolidated plan was designated as the