Honeywell International (HON) 10-K2009 FY Annual report

Filed: 12 Feb 10, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: aged, antifreeze, AOCI, appellate, argument, authoritative, auto, beneficiary, Burke, category, climate, collusion, coupon, curtailment, deliverable, denied, deployment, destocking, discretion, Eastern, EMEA, endeavor, enterprise, ESOP, fast, Frameworkissued, GmbH, greenhouse, hexafluoride, IL, Ineffective, inside, Interactive, intermediate, Katherine, Kevin, literature, Luxembourg, Mahoney, mesothelioma, Messtechnik, Metrolgic, mobility, multiplier, nonrecurring, OCI, officially, oral, parked, quantity, refinery, refocused, Regel, rescheduling, RMG, scanning, slightly, slower, soft, softening, St, stewardship, Timothy, trial, union, upheld, uranium, vacated

Removed: accouting, Adriane, arbitration, aware, Baton, Brown, Brunswick, carryback, certified, choose, closing, collected, contracting, dated, dec, derecognized, differentiation, entrance, evenly, FAS, FIN, Fish, frame, France, FSP, FTSA, Gardiner, Genetron, Gillette, Groupe, historically, incorporating, Indalex, Kreindler, LA, lengthy, master, mercury, Mississippi, municipal, older, partial, Peter, plc, plea, release, remitted, reserve, river, Robert, Rouge, steady, stronger, Sun, updated, usage, violation, Virginia, warranty, Wildlife

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

HON similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 10.25

AMENDMENT
TO THE
PITTWAY CORPORATION SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN


Pursuant to the authority granted to proper officers of Honeywell International Inc. (the “Company”) by the Management Development and Compensation Committee of the Board of Directors on December 11, 2009, the Pittway Corporation Supplemental Executive Retirement Plan shall be amended effective January 1, 2010 to include as eligible pay for an eligible participant (defined below) the greater of (a) the incentive compensation received under the terms of the Honeywell International Inc. Incentive Compensation Plan for Executive Employees (“ICP”) in 2009 (earned in 2008), or (b) the incentive compensation received under the terms of the ICP in 2010 (earned for 2009); provided, however, that if incentive compensation is included under clause (a), the value of the incentive compensation received in 2009 (earned in 2008) shall be reduced by the actual incentive compensation received and credited to Honeywell’s qualified pension plans and/or non-qualified pension plans in 2010 (earned for 2009) to avoid double counting. If incentive compensation is included under clause (a), such incentive compensation shall be treated under the applicable pension formula as eligible pay earned in 2009 and paid in 2010.

This amendment shall be subject to the following conditions:

	(a)	an eligible participant is a participant who, on March 15, 2010, is earning a pension benefit under the Honeywell Retirement Earnings Plan and is employed by the Company in Band 5, 6 or 7, other than a participant who receives zero incentive compensation in 2010 (earned for 2009) and is coded in the Company’s records as having a performance planning reason for such (e.g., “performance issue” (PI) or “performance termination” (PT)); and
	(b)	the amounts required to be included in eligible pay shall not be included more than one time.


	HONEYWELL INTERNATIONAL INC.

	/s/ Mark James
	Mark James Senior Vice President – Human Resources and Communications

Dated: January 12, 2010

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.