Exhibit 10.S

     

  Johnson Controls, Inc.

  5757 North Green Bay Avenue

  Post Office Box 591

  Milwaukee, WI 53201-0591

  Tel. 414-524-2233

  FAX: 414-524-3311
 
   

  John M. Barth

  Chairman and

  Chief Executive Officer (JOHNSON LOGO) [c95019c9501900.gif]    

  Mr. Giovanni Fiori
Via Riaffrico, 38
51016 Montecatini Terme
(Pistoia) ITALY
 
   

  November 29, 2004

Dear John:

Upon your signature, this letter shall be effective as an amendment to the
Executive Employment Agreement covering your employment by Johnson Controls,
Inc. or its affiliated companies, (“JCI”). It is recognized that you are not
covered by a JCI pension, unlike other members of JCI senior management, and to
compensate for this difference it is agreed as follows:

1. Should you choose to work at JCI until your 65th birthday, you would be paid
a supplemental pension of E25,000 per month until your death.

2. Should you choose to take early retirement prior to your 65th birthday, you
would be paid a severance payment of E2,000,000 in lump sum upon such early
retirement in lieu of any pension. Such severance payment would be paid upon
execution of the Agreement attached as Exhibit A.

3. You will be enrolled in the JCI Executive Survivor Plan effective immediately
to provide protection against the financial impact of death prior to your
retirement. The Plan is attached as Exhibit B.

Your actual retirement date would need to be mutually agreed upon between us no
later than July 1, 2006. If you understand the terms of this letter and are in
agreement with its terms, please sign both copies of this letter and keep one
copy for your personal files.

     
GIOVANNI FIORI
  JOHNSON CONTROLS, INC.
/s/ GIOVANNI FIOR
  By: /s/ JOHN M. BARTH    
Date: December 2, 2004
  Title: President & CEO

 

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  Johnson Controls, Inc.

  5757 North Green Bay Avenue

  Post Office Box 591

  Milwaukee, WI 53201-0591

  Tel. 414/524 2233

  FAX: 414/524 3311

(JOHNSON LOGO) [c95019c9501900.gif]

EXHIBIT A

SETTLEMENT AGREEMENT

BETWEEN

________________________ with registered office at _____________________,
(hereinafter “The Company”) in the person of its special attorney, by virtue of
the special power of attorney granted to him on ______________ — on the one part
–

AND

_______________, born in __________, on _____________ and resident at
_______________________, — on the other part –

WHEREAS

  a)   There has been an employment relationship in force for an indefinite term
between _________and _________since _________.     b)   The parties have decided
to mutually terminate the employment between _________and _________and to
finally settle all outstanding questions in relation to the same.

NOW HAVING REGARD TO ALL THE ABOVE

 
with a view to settling all outstanding questions as indicated above and
preventing any other

question arising from the employment relationship arising between the parties,
the parties,

 

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HEREBY AGREE AND STIPULATE AS FOLLOWS

1. Recitals.

The above Recitals are incorporated herein and form a substantial part of these
Minutes.

2. Termination of employment.

A)   The employment relationship between the parties will be terminated by
mutual agreement for all legal effects by virtue of the consent expressed herein
on the date hereof, i.e. _________, and waiving all reciprocal obligations
relative to notice.   B)   The Company by virtue of the mutual termination of
the employment undertakes to pay to Mr. _________all the indemnities and the
amounts due to him by virtue of the termination of his employment due by law
(vacation not taken, thirteenth and fourteenth monthly salary installments,
severance pay). The latter indemnities are equal to _________gross.   C)   Mr.
___simply reserves the right to carry out an accounting check upon the exactness
of the calculations relative to the indemnities and amounts due to him at the
end of his employment as soon as he has checked the relating salary details.

3. Incentive to leave the Company.

    The Company shall also pay to Mr. _________the sum of USD ___gross (and thus
_________net) by way of incentive to leave the Company as provided by Art. 12,
paragraph 4, lett. b) of Law n. 153 of April 30, 1969 as amended by Art. 6 of
Legislative Decree n. 314 of September 2, 1997 n. 314. As Mr. _________is more
than 55 years of age the above sum will be taxed at the same tax rate as
severance pay (T.F.R.) reduced by one half, as provided under Art. 17, 4th
paragraph of Presidential Decree n. 917 of December 22, 1986.

4. Ways and terms of payment.

    The sum indicated in point 2B (amounts due upon termination of his
employment) shall be paid as soon as the relative figures are available, but in
any event by and no later than _________. The sum indicated in point 3 above
shall be paid to Mr. _________through _________upon execution of the minutes of
settlement before the Direzione del Lavoro of _________, which the Company has
already asked for the parties to be summoned.

5. Waivers.

    With the full and due fulfillment of all the obligations contained in this
agreement the parties declare that they do not have anything further to claim
from each other and that

 

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    they waive any claim or request in any way connected or associated with or
even caused by the employment relationship with the manager and its termination
and thus by way of example only also waive any claim relative to a different
seniority, to salary arrears of any nature and type, to further damages also
under articles 2116, 2103 and 2087 Civil Code.       In particular, Mr.
_________waives any claims for compensation and thus, by way of example only,
for biological damages, damages from demotion, damage to his personal life,
damage to health, patrimonial damage, moral damage for mobbing, both direct and
indirect past, present and future.       Finally the Company vis-à-vis such
waivers, declares that it will hold Mr. _________harmless against any liability
which he may have incurred in the lawful performance of his duties during his
employment with the Company.       The fulfillment of the conditions set forth
in the above points, in accordance with the mutual intent of making this
agreement a general and all inclusive settlement, will remove the grounds for
any claim past, present or future, which is based, in any way on the
relationship between the parties as indicated above.       The lawyers of the
parties sign this settlement by way of waiver to their joint and several right
under article 68 LPF.       Read Confirmed Signed.