Honeywell 2015 Annual Report Download - page 96

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beginning after December 31, 2015 shall be limited to the lesser of actual earnings for that year or 2015 earnings.
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Exhibit 10.8
AMENDMENT
TO THE
HONEYWELL INTERNATIONAL INC.
RETIREMENT PLAN FOR EXECUTIVES IN CAREER BAND 6 AND ABOVE
The Honeywell International Inc. Retirement Plan for Executives in Career Band 6 and Above shall be, and hereby is,
amended by inserting the following new paragraph at the end of Section 4.1:
“
Notwithstanding any provision of this Plan to the contrary, the Supplemental Benefit for a Participant who is accruing a
benefit in this Plan as of December 31, 2015 shall be calculated by taking into account the amendments that were made to
the Retirement Program definitions of Compensation, Final Average Compensation, and Social Security Benefit (as
defined in the Retirement Program). For the avoidance of doubt, Final Average Compensation shall be frozen as of
December 31, 2015 and no amounts earned or paid, or deemed earned or paid, after December 31, 2015 shall be
included in Compensation; provided, however, that amounts earned in 2015 and paid in March 2016 under the
Honeywell Management Incentive Plan, the Honeywell International Inc. Incentive Compensation Plan for Executive
Employees, or the Honeywell Capital Management Incentive Compensation Plan shall be included in 2015
Compensation.
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Exhibit 10.9
AMENDMENT
TO THE
HONEYWELL SUPPLEMENTAL DEFINED BENEFIT RETIREMENT PLAN
The Honeywell Supplemental Defined Benefit Retirement Plan shall be, and hereby is, amended by inserting the following
new Section 3.1.4 immediately following Section 3.1.3:
“
Participants as of December 31, 2015. Notwithstanding any provision of this Plan to the contrary, the benefits for a
Participant who is accruing a benefit in this Plan as of December 31, 2015 shall be calculated by taking into account the
amendments that were made to the Base Plan definitions of Covered Earnings Base, Earnings, and Final Average Earnings
(as defined in the Base Plan). For the avoidance of doubt, Final Average Earnings shall be frozen as of December 31,
2015 and no amounts earned or paid, or deemed earned or paid, after December 31, 2015 shall be included in Earnings.
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Section 3: EX-10.8
Section 4: EX-10.9
Section 5: EX-10.16