Honeywell 2010 Annual Report Download - page 167
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ADDENDUM TO
HONEYWELL INTERNATIONAL INC.
NONCOMPETE AGREEMENT FOR SENIOR EXECUTIVES
[EMPLOYEE NAME]
EMPLOYED AS [POSITION]
Pursuant to Paragraph 1 of your Honeywell International Inc. Noncompete Agreement for Senior Executives ("Noncompete Agreement"), this
Addendum contains a list, for illustration purposes only, of specific competitors that are considered a "Competing Business," as that term is used in your
Noncompete Agreement, and are therefore covered by the restrictions contained in Paragraph 1 of your Noncompete Agreement. This list is not an exhaustive
list and is not intended to include all of Honeywell's, or your specific business' or unit's, current or future competitors, which you acknowledge in Paragraph 1
of your Noncompete Agreement may include other persons or entities now or in the future.
Based on your current role and responsibilities with Honeywell as [POSITION], the following companies are considered key competitors to the [BUSINESS
NAME], and therefore, fall within the definition of a Competing Business as that term is used in your Noncompete Agreement:
[COMPETITORS]
As previously noted, this is not an exhaustive list and there may be other current and future persons or entities that would meet the definition of a Competing
Business, as set forth in your Noncompete Agreement. In addition, pursuant to Paragraph 1 of your Noncompete Agreement, please note that the term
Competing Business, as defined in your Noncompete Agreement, will include competitors of any Honeywell business in which you have worked in a job
subject to the Program (as defined in your Noncompete Agreement) during the Look Back Period (as defined in your Noncompete Agreement). Accordingly,
if you worked in multiple Honeywell businesses in covered positions during your tenure, it is very likely that the list of Competing Businesses subject to
restriction under the terms of your Noncompete Agreement will be broader than the above illustrative list. If you have questions about whether any prior
Honeywell position which you have held during the Look Back Period subjects you to similar restrictions, and will be used to identify Competing
Business(es), you should contact your Human Resource representative.