Honeywell 2010 Annual Report Download - page 124

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AMENDMENT
TO THE
SUPPLEMENTAL NON-QUALIFIED SAVINGS PLAN FOR
HIGHLY COMPENSATED EMPLOYEES OF
HONEYWELL INTERNATIONAL INC.
AND ITS SUBSIDIARIES
(as amended and restated effective January 1, 2009)
Pursuant to the authority granted to you by the Chief Executive Officer of Honeywell International Inc. on December 23, 2010, the Supplemental Non-
Qualified Savings Plan for Highly Compensated Employees of Honeywell International Inc. and Its Subsidiaries (the "Plan") shall be, and hereby is, amended
in the following particulars to provide an increased rate of Plan Employer Contributions effective with employee and employer matching contributions posted
on or after July 1, 2010:
1. The following paragraphs shall replace Section 5(b) of the Plan in its entirety:
"Effective for Participant Deferred Contributions posted to a Participant's Account on or after July 17, 2009, there shall be credited to the
Participant's Account employer contributions under the Plan (Plan Employer Contributions') in an aggregate amount equal to (i) minus (ii), where
(i) is 25% (for Participants entitled to a 25% Employer Contribution in the Qualified Savings Plans) or 50% (for Participants entitled to a 50%
Employer Contribution in the Qualified Savings Plans) of the lesser of (x) 8% of the Participant's Base Annual Salary without regard to any
limitations that may apply under the Code, or (y) the sum the Participant contributes as Before-Tax Contributions and/or After-Tax Contributions
to the Qualified Savings Plans and as Participant Deferred Contributions, and (ii) is the total amount of Employer Contributions contributed to the
Participant's account under the Qualified Savings Plans; provided, however, that in no event shall the combined Plan Employer Contributions and
Savings Plan Employer Contributions exceed 8% of the Participant's Base Annual Salary without regard to any limitations that may apply under
the Code, and provided, further, that Plan Employer Contributions shall not be made with respect to a Participant during any period of suspension
of Employer Contributions with respect to such Participant under the terms of the Qualified Savings Plans, whether or not such Participant
continues to make Participant Contributions under the Qualified Savings Plans during the period of such suspension.
With respect to Participants who were employed on December 31, 2010, there shall be an additional amount credited to the Participant's Account
as Plan Employer Contributions in an aggregate amount equal to 25% of