AMENDMENT NUMBER TWO TO THE HARRIS CORPORATION RETIREMENT PLANEmployee Benefits Plan Agreement |
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Exhibit 10(f)(iii)
AMENDMENT NUMBER TWO
TO THE
HARRIS CORPORATION RETIREMENT PLAN
TO THE
HARRIS CORPORATION RETIREMENT PLAN
WHEREAS, Harris Corporation,
a Delaware corporation (the “ Corporation
”), heretofore has adopted and maintains the Harris
Corporation Retirement Plan, as amended and restated effective
July 1, 2007 (the “ Plan ”);
WHEREAS, pursuant to
Section 17.1 of the Plan, the Management Development and
Compensation Committee of the Corporation’s Board of
Directors (the “ Compensation
Committee ”) has the authority to amend the
Plan;
WHEREAS, pursuant to
Section 13.3 of the Plan, the Compensation Committee has
delegated to the Employee Benefits Committee of the Corporation
(the “ Employee Benefits Committee ”) the
authority to adopt non-material amendments to the Plan; and
WHEREAS, the Employee
Benefits Committee desires to amend the Plan to reflect special
rules related to (i) the participation therein by Multimax
Incorporated, effective September 8, 2007; (ii) the
merger of the Harris Broadcast Communications Division 401(k) Plan
with and into the Plan, effective September 30, 2007 and
(iii) the merger of the Harris Technical Services Corporation
401(k) Plan with and into the Plan, effective October 31,
2007.
NOW, THEREFORE, BE IT
RESOLVED, that Schedule A to the Plan —
“Special Rules Applying to Transfer Contributions and
Transferred Employees” hereby is amended in the following
respects:
1. The final sentence of Section 2(a)
of Schedule A hereby is amended in its entirety, effective
September 30, 2007, to read as follows:
The Broadcast Plan shall be merged
with and into the Plan, effective September 30, 2007.
2. Section 2 of Schedule A
hereby is amended, effective September 30, 2007, to add
thereto the following new subsections (c) — (f):
1
(c) Vesting . Former
participants in the Broadcast Plan who were hired by Leitch, OSI or
Videotek, Inc. prior to January 1, 2006 shall be 100% vested
in their Accounts under the Plan.
(d) In-Service Withdrawal of
Certain Profit Sharing Contributions . A former participant in
the Videotek, Inc. 401(k) Plan, which plan was merged into the
Broadcast Plan effective June 30, 2006 (the &ldquo






