SUPPLEMENTAL PENSION PLAN
FOR HOWARD L. LANCE
(Adopted effective October 27, 2006)
     In order to retain and motivate Howard L. Lance (the “Employee”) to excel
as Chief Executive Officer of the Corporation, the Board of Directors has
determined that it is in the best interest of Harris Corporation (the
“Corporation”) to adopt this Supplemental Pension Plan for Howard L. Lance (the
“SPP”), effective October 27, 2006.
     The Corporation intends that the SPP shall be an unfunded plan maintained
primarily for the purpose of providing deferred compensation within the meaning
of Sections 201, 301, and 401 of the Employee Retirement Income Security Act of
1974 (“ERISA”).
SECTION 1
DEFINITIONS
     When used herein, the following words and phrases and any derivatives
thereof shall have the meanings below unless the context clearly indicates
otherwise. Definitions of other words and phrases are set forth throughout the
SPP. Section references indicate Sections of the SPP unless otherwise stated.
     “Actuarial Equivalent” means equal value computed on the basis of (i) the
“applicable mortality table” determined from time to time under Code
Section 417(e)(3), and (ii) a discount rate of 7.0%, compounded annually.
     “Cause” has the meaning set forth in the Letter Agreement.
     “Code” means the Internal Revenue Code of 1986, as amended from time to
time.
     “Compensation Committee” shall mean the Management Development and
Compensation Committee of the Board of Directors of the Corporation.
     “Corporation” means Harris Corporation, a Delaware corporation.

 

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     “Disability.” The Employee shall be considered to be “disabled” if the
Employee qualifies for long-term disability under the executive long-term
disability plan sponsored by the Corporation in which the Employee participates
at the time the determination of Disability is made.
     “Early Retirement Eligibility Date” shall mean the date the Employee has
attained age 55 and accrued 10 Years of Credited Service.
     “Early Retirement Factor” means 100% minus one-half of one percent (.5%)
for each month by which the SPP Commencement Date precedes the date the Employee
would have attained age 60, with any partial final month to be rounded to the
closest whole month.
     “Employee” means Howard L. Lance.
     “Executive Severance Agreement” means the Executive Severance Agreement
between the Employee and the Corporation dated January 20, 2003.
     “Final Pay” means the sum of the Employee’s most recent annual base salary,
plus the Employee’s most recent annual cash incentive, payable at target.
     “Good Reason” has the meaning set forth in the Letter Agreement.
     “Joint and 50% Survivor Annuity” means an annuity, payable for the life of
the Employee and, following the Employee’s death, 50% of such amount to be paid
to the Employee’s Surviving Spouse for her remaining life. The Joint and 50%
Survivor Annuity shall be the Actuarial Equivalent of a single life annuity
payable for the Employee’s life.
     “Late Retirement Date” means the the Employee’s Termination Date, if the
Termination Date occurs after he attains age 60.
     “Letter Agreement” means the Letter Agreement between the Employee and the
Corporation dated December 3, 2004.
     “Normal Retirement Date” means the date the Employee attains age 60.

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     “Offset Amount” means an amount, calculated as a single life annuity for
the Employee’s life, which is the Actuarial Equivalent of the following
benefits. In each case, the benefit below shall be determined as of the
Employee’s Termination Date, and shall be converted on an Actuarially
Equilvalent basis to a single life annuity payable for the Employee’s life
commencing on the SPP Commencement Date.

  (i)   Harris Corporation Retirement Plan. The portion of the Employee’s
account balance under the Harris Corporation Retirement Plan, as amended from
time to time, attributable to employer contributions and earnings thereon.    
(ii)   Harris Corporation Supplemental Executive Retirement Plan. The portion of
the Employee’s account balance under the Harris Corporation Supplemental
Executive Retirement Plan, as amended from time to time, attributable to
employer credits and earnings thereon.     (iii)   Social Security Benefit. The
annual primary insurance amount which will become payable to the Employee at the
later of (A) the earliest date the Employee could begin to receive old age
benefits (whether or not reduced) under the Social Security Act, if the SPP
Commencement Date occurs prior to such date; or (B) the SPP Commencement Date,
based on the Social Security Act in effect on the Employee’s Termination Date,
assuming in all cases (1) no future adjustments in benefits or the contribution
and benefit base; (2) the Employee’s Final Pay at his Termination Date remains
in effect thereafter; and (3) if the SPP Commencement Date occurs prior to the
earliest date the Employee could begin to receive old age benefits (whether or
not reduced) under the Social Security Act, the Social Security benefit shall be
reduced on an Actuarially Equivalent basis from such date to the SPP
Commencement Date.     (iv)   Emerson Electric Benefit. Any benefits owed or
paid at any time to the Employee under the tax-qualified, defined benefit
pension plan known as the Emerson Electric Co. Retirement Plan and any benefits
owed or paid at any time to the Employee under any non-qualified, defined
benefit-type pension plan maintained at any time by Emerson Electric Co. If the
SPP commencement Date occurs prior to the earliest date the Employee could begin
to receive benefits from any Emerson Electric plan, the benefit

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      available at the earliest commencement date shall be reduced on an
Actuarially Equivalent basis from such date to the SPP Commencement Date.

The Offset Amount shall not change after the Employee’s Termination Date, except
that, if the Employee receives Disability Retirement under Section 3.5, then in
each year during the period from the Employee’s SPP Commencement Date to the
date the Employee attains age 65 there shall be deducted from the Disability
Retirement Benefit the amount of payments during such year to Employee under any
and all long-term disability plan(s) (broad-based and executive) sponsored by
the Corporation. Also, for purposes of clause (i) and clause (ii), earnings on
the account balance from January 1, 2006 to the Employee’s Termination Date
shall be based not on the actual earnings on such account, but instead on the
earnings that would have accrued during such period if the account had been
invested in the investment option under such Plan that, in the determination of
the Compensation Committee, most closely resembles a “balanced fund” investment
option.
     “SPP” means the Supplemental Pension Plan for Howard L. Lance, as contained
herein and as hereafter amended from time to time.
     “SPP Commencement Date” shall mean the date the SPP benefit hereunder
actually commences.
     “Surviving Spouse” means the person to whom the Employee is legally married
on his SPP Commencement Date.
     “Termination Date” means the date the Employee terminates employment with
the Corporation and and its controlled group members (as determined pursuant to
Section 414(b) and (c) of the Code) by reason of resignation, discharge,
retirement, death or Disability. For this purpose, the Employee shall be deemed
to have terminated employment by reason of Disability as of the date the
Employee ceases to perform substantial services for the Corporation and its
controlled group members (as determined pursuant to Section 414(b) and (c) of
the Code).
     “Trust” means any trust agreement created under Section 7.2(b) by and
between the Corporation and the Trustee, under which assets are held in
connection with paying benefits under the SPP.

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     “Years of Credited Service” shall be measured on the basis of twelve
(12) consecutive month periods commencing on the Employee’s effective date of
employment and subsequent annual anniversaries thereof, and ending on the
Employee’s Termination Date. Any period of less than twelve (12) consecutive
months shall be rounded to the nearest whole month. Paid and authorized leaves
of absence shall not cause a break in consecutive employment periods.
SECTION 2
ELIGIBILITY TO PARTICIPATE
     The only participant in the SPP shall be the Employee.
SECTION 3
ELIGIBILITY FOR AND AMOUNT OF BENEFITS
     3.1 Normal Retirement Benefit. If the Employee retires on his Normal
Retirement Date, the Normal Retirement Benefit shall be a benefit, calculated as
a single life annuity for the Employee’s life, equal to 50% of the Employee’s
Final Pay as of his Termination Date, minus the Offset Amount.
     3.2 Late Retirement Benefit. If the Employee retires on his Late Retirement
Date, the Late Retirement Benefit shall be the benefit calculated as set forth
in Section 3.1 above, but with the Employee’s Final Pay determined as of his
Termination Date.
     3.3 Early Retirement Benefit. If the Employee retires on or after his Early
Retirement Eligibility Date, but before his Normal Retirement Date, the Early
Retirement Benefit shall be a benefit, calculated as a single life annuity for
the Employee’s life, equal to 50% of the Employee’s Final Pay, multiplied by the
Early Retirement Factor as of the SPP Commencement Date, and then further
reduced by the Offset Amount.
     3.4 Termination without Cause or for Good Reason prior to Early Retirement
Eligibility Date. If before his Early Retirement Eligibility Date the Employee
is terminated without Cause or terminates for Good Reason, the Termination
Benefit shall be a benefit, calculated as a single life annuity for the
Employee’s life, equal to the Employee’s Final Pay as of his Termination Date,
times the product of (w) times (x), with the result multiplied by (y), and then

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further reduced by (z), where (w) is Four Percent (4%), (x) is the Employee’s
Years of Credited Service as of his Termination Date, plus two (2) additional
Years of Credited Service, as though the Employee had terminated employment with
the Corporation on the second anniversary of his actual Termination Date, (y) is
the Early Retirement Factor as of his SPP Commencement Date, and (z) is the
Offset Amount. Under no circumstances shall the benefit under this Section 3.4,
prior to application of the Early Retirement Factor and subtraction of the
Offset Amount, exceed 50% of the Employee’s Final Pay as of his Termination
Date.
     3.5 Disability. If the Employee becomes Disabled before his Early
Retirement Eligibility Date, the Disability Retirement Benefit shall be a
benefit, calculated as a single life annuity for the Employee’s life, equal to
the Employee’s Final Pay as of his Termination Date, times the product of
(w) times (x), with the result multiplied by (y), and then further reduced by
(z), where (w) is Four Percent (4%), (x) is the Employee’s Years of Credited
Service as of his Termination Date, (y) is the Early Retirement Factor as of his
SPP Commencement Date, and (z) is the Offset Amount. If the Employee recovers
from a Disability prior to his SPP Commencement Date, and the Employee does not
return to work for the Corporation, then the Employee’s SPP Benefit shall be
determined under Section 3.4 (and for such purpose the Employee’s Termination
Date shall be the date the Employee initially ceased to perform substantial
services for the Corporation and its controlled group members as determined
pursuant to Section 414(b) and (c) of the Code). If the Employee’s period of
Disability ceases by reason of death prior to his SPP Commencement Date,
employment with the Employer will be deemed terminated as of the day of recovery
or death and in such event the Employee or Surviving Spouse, as the case may be,
will be entitled only to the benefit otherwise provided under Section 3. If the
Employee becomes Disabled after his Early Retirement Eligibility Date, then his
SPP Benefit shall be determined under Section 3.1, 3.2, or 3.3, as applicable,
but his SPP Commencement Date shall be determined under Section 5.2(a)(5). Under
no circumstances shall the benefit under this Section 3.5, prior to application
of the Early Retirement Factor and subtraction of the Offset Amount, exceed 50%
of the Employee’s Final Pay as of his Termination Date.
     3.6 Death of Employee.
          (a) If the Employee dies before his SPP Commencement Date, then no
benefit shall be paid to any person or entity under this SPP.

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          (b) If the Employee dies after his SPP Commencement Date, then the SPP
benefit, if any, after the Employee’s death shall be determined by the form of
payment that was in force on the Employee’s date of death.
     3.7 Resignation or Termination for Cause prior to Early Retirement
Eligibility Date. If before his Early Retirement Eligibility Date the Employee
resigns or is terminated for Cause, then no benefit shall be paid to any person
or entity under this SPP.
     3.8 Change in Control. If (i) the Corporation undergoes a change in control
(as defined in the Executive Severance Agreement), and (ii) the Employee
terminates employment under the circumstances that entitle the Employee to
benefits under Section 3 of the Executive Severance Agreement, then the Change
in Control Retirement Benefit shall be a benefit, calculated as a single life
annuity for the Employee’s life, equal to the Employee’s Final Pay as of his
Termination Date, times the product of (w) times (x), with the result multiplied
by (y), and then further reduced by (z), where (w) is Four Percent (4%), (x) is
the Employee’s Years of Credited Service as of his Termination Date, plus three
(3) additional Years of Credited Service, as though the Employee had terminated
employment with the Corporation on the third anniversary of his actual
Termination Date, (y) is the Early Retirement Factor as of his SPP Commencement
Date, but the Early Retirement Factor shall be applied if and only if the change
in control occurs before the Employee attains age fifty-four (54), and (z) is
the Offset Amount. Under no circumstances shall the benefit under this
Section 3.8, prior to application of the Early Retirement Factor and subtraction
of the Offset Amount, exceed 50% of the Employee’s Final Pay as of his
Termination Date.
SECTION 4
VESTING
     4.1 In General. The Employee’s entitlement to an SPP benefit is described
in Section 3. For example, as provided in Section 3.8, if before his Early
Retirement Eligibility Date the Employee resigns or is terminated for Cause,
then no benefit shall be paid to any person or entity under this SPP. However,
and notwithstanding anything to the contrary in Section 3 or the SPP, if the
Employee violates the provisions of either Section 4.2 or 4.3 below, then no
benefit shall be paid to any person or entity under this SPP, or, if SPP
payments have commenced as of the date of such violation, then payments shall
cease immediately and no further SPP payments shall be made.

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     4.2 Non-Competition Provision. During the Employee’s employment with the
Corporation and continuing thereafter while the Employee is entitled to receive
or is receiving benefits under the SPP (provided, however, that if the Employee
is terminated by the Corporation without Cause or if the Employee terminates
employment for Good Reason, then this Section 4.2 shall remain in effect only
until the second anniversary of the Employee’s Termination Date), the Employee
shall not directly or indirectly (without the Corporation’s written consent):
          (a) hold a 5% or greater equity (including stock options whether or
not exercisable), voting or profit participation interest in a Competitive
Enterprise (as hereinafter defined), or
          (b) associate (including as a director, officer, employee, partner,
consultant, agent or advisor) with a Competitive Enterprise and in connection
with your association engage, or directly or indirectly manage or supervise
personnel engaged, in any activity:
(i) that is substantially related to any activity that the Employee was engaged
in with the Corporation or its affiliates during the 12 months prior to the
Termination Date,
(ii) that is substantially related to any activity for which the Employee had
direct or indirect managerial or supervisory responsibility with the Corporation
or its affiliates during the 12 months prior to the Termination Date, or
(iii) that calls for the application of relationships or specialized knowledge
or skills substantially related to those used by the Employee in his activities
with the Corporation or its affiliates during the 12 months prior to the
Termination Date.
For purposes of the SPP, “Competitive Enterprise” means any business enterprise
that either (A) engages in any activity that competes anywhere with any activity
that the Corporation or its affiliates is then engaged in or (B) holds a 5% or
greater equity, voting or profit participation interest in any enterprise that
engages in such a competitive activity.

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     4.3 Non-Solicitation Provision. During the Employee’s employment with the
Corporation, and continuing thereafter while the Employee is entitled to receive
or is receiving benefits under the SPP (provided, however, that if the Employee
is terminated by the Corporation without Cause or if the Employee terminates
employment for Good Reason, then this Section 4.3 shall remain in effect only
until the second anniversary of the Employee’s Termination Date), the Employee
shall not, in any manner, directly or indirectly (without the prior written
consent of the Corporation: (i) Solicit (as hereinafter defined) any Customer
(as hereinafter defined) to transact business with a Competitive Enterprise or
to reduce or refrain from doing any business with the Corporation, (ii) transact
business with any Customer that would cause the Employee to be a Competitive
Enterprise, (iii) interfere with or damage any relationship between the
Corporation and a Customer or (iv) Solicit anyone who is then an employee of the
Corporation (or who was an employee of the Corporation within the prior
12 months) to resign from the Corporation or to apply for or accept employment
with any other business or enterprise. For purposes of this letter agreement, a
“Customer” means any customer or prospective customer of the Corporation or its
affiliates whose identity became known to the Employee in connection with his
relationship with or employment by the Corporation or its affiliates, and
“Solicit” means any direct or indirect communication of any kind, regardless of
who initiates it, that in any way invite, advises, encourages or requests any
person to take or refrain from taking any action.
SECTION 5
FORM AND COMMENCEMENT OF BENEFITS
     5.1 Employee Election as to Form and Timing of Benefits.
          (a) The normal form of payment to the Employee of his SPP Benefit is a
single life annuity for the life of the Employee. Subject to the requirements of
Section 5.3, the Employee may elect in writing that his SPP Benefit be paid to
him or to him and his Surviving Spouse pursuant to Section 3 in any life annuity
form (as defined in Code Section 409A) that is the actuarial equivalent (based
on reasonable actuarial assumptions for purposes of Code Section 409A) of the
SPP Benefit payable as a single life annuity.
          (b) If the Employee is entitled to elect timing of commencement of his
SPP Benefit under Section 5.2(a)(3) or 5.2(a)(6), the Employee shall initially
be given an opportunity to

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make such election in writing no later than December 31, 2006 (or any later date
permitted under transitional rules under Section 409A of the Code). Any
subsequent change in such election shall also be made in writing, must be
received by the Corporation no later than twelve (12) months prior to the date
on which the Employee actually begins to receive the SPP Benefit and must
provide for a five (5) year delay in payment as required by
Section 409A(a)(4)(C) of the Code in the case of a payment election not related
to Disability or death.
     5.2 Commencement. The following rules are subject to Section 5.3.
          (a) The Employee shall commence receipt of his SPP Benefit pursuant to
Sections 3.1 through 3.7 on the applicable date under this Section 5.2, but
(i) not earlier than his separation from service with the Corporation and its
controlled group members (as determined pursuant to Section 414(b) and (c) of
the Code); or, if later and if the distribution to the Employee is subject to
delay by reason of Section 409A(a)(2)(b)(i) of the Code, six (6) months after
his separation from service:
               (1) If the Employee retires on Normal Retirement Date, his SPP
Commencement Date shall be the first day of the month next following the month
in which the Employee attains age sixty (60).
               (2) If the Employee retires on his Late Retirement Date, his SPP
Commencement Date shall be the first day of the month coincident with or next
following the Employee’s separation from service after his Normal Retirement
Date.
               (3) If the Employee retires on or after his Early Retirement
Eligibility Date, but before his Normal Retirement Date, his SPP Commencement
Date shall be the date elected by the Employee which is the first day of any
month coincident with or next following the Employee’s separation from service,
but not later than the first day of the month next following the month in which
the Employee attains age sixty (60).
               (4) If the Employee is entitled to receive a Termination Benefit
under Section 3.4, his SPP Commencement Date shall be the second anniversary of
his actual Termination Date.

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               (5) If (i) the Employee becomes Disabled before his Early
Retirement Eligibility Date and becomes entitled to receive a Disability
Retirement Benefit under Section 3.5, or (ii) the Employee becomes Disabled
after his Early Retirement Eligibility Date and the Employee’s SPP Benefit is
calculated under Section 3.1, 3.2, or 3.3, then (y) if the SPP Benefit as of his
Termination Date is greater than zero, then the SPP Commencement Date shall be
the first day of the month next following the month payments begin to be made to
Employee under the executive long-term disability plan sponsored by the
Corporation; and (z) if the SPP Benefit as of his Termination Date is zero
(e.g., because of the subtractions under the definition of “Offset Amount,”
including subtraction of any broad-based and executive long-term disability
payments to the Employee), then the SPP Commencement Date shall be the first day
of the month following the date the Employee attains age 60.
               (6) If the Employee’s Surviving Spouse is entitled to receive a
benefit under Section 3.6, then the SPP Commencement Date shall be the first day
of the month coincident with or next followng the date of the Employee’s death.
               (7) If the Employee is entitled to receive a Change in Control
Retirement Benefit under Section 3.8, his SPP Commencement Date shall be the
date elected by the Employee which is the first day of any month coincident with
or next following the third anniversary of the Employee’s actual Termination
Date.
          (b) If payment to the Employee is delayed until six (6) months after
his separation from service with the Corporation and its controlled group
members pursuant to Section 5.2, then each and any periodic payment which
otherwise would have been paid during the six (6) month deferral period shall be
paid in a lump sum on the date payment does commence and each such deferred
payment shall have added to it interest calculated at the discount rate for
determining Actuarial Equivalence under the SPP.
          (c) Notwithstanding the foregoing provisions herein, the following
shall apply:
               (1) Payment may be delayed for a reasonable period in the event
the payment is not administratively practical due to events beyond the
recipient’s control such as where the recipient is not competent to receive the
benefit payment, there is a dispute as to amount due or the proper recipient of
such benefit payment, additional time is needed to calculate the amount payable,
or the payment would jeopardize the solvency of the Corporation.

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               (2) Payments shall be delayed in the following circumstances:
               (A) Where the Corporation reasonably anticipates that the payment
will violate the terms of a loan agreement to which the Corporation is a party
and that the violation would cause material harm to the Corporation; or
               (B) Where the Corporation reasonably anticipates that the payment
will violate Federal securities laws or other applicable laws;
provided that any payment delayed by operation of this paragraph (2) will be
made at the earliest date at which the Corporation reasonably anticipates that
the payment will not be limited or cause the violations described.
     5.3 Nonqualified Deferred Compensation Plan Omnibus Provision.
          (a) It is intended that any benefit which is provided pursuant to or
in connection with the SPP or the Trust which is considered to be nonqualified
deferred compensation subject to Section 409A of the Code shall be provided and
paid in a manner, and at such time and in such form, as complies with the
applicable requirements of Section 409A of the Code to avoid the unfavorable tax
consequences provided therein for non-compliance. The Compensation Committee is
authorized to amend or declare void any election under the SPP in such manner as
may be determined by it to be necessary or appropriate to evidence or further
evidence required compliance with Section 409A of the Code.
          (b) It is specifically intended that all elections, consents and
modifications thereto under the SPP will comply with the requirements of
Section 409A of the Code (including any transition rules thereunder). The
Compensation Committee is authorized to adopt rules or regulations deemed
necessary or appropriate in connection therewith to anticipate and/or comply the
requirements of Section 409A of the Code (including any grandfather rules
thereunder).
          (c) Notwithstanding anything to the contrary in this SPP, neither the
Corporation nor its affiliates shall be liable in any manner for any federal,
state or local income or excise taxes (including but not limited to any excise
taxes under Code Sections 409A or 4999), or penalties or interest with respect
thereto, as a result of the payment of any benefits under the SPP or the
inclusion of SPP benefits or the value thereof in the Employee’s income;

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and further provided that in consideration of the Corporation’s adoption of the
SPP for the benefit of Employee, Employee expressly waives his right to any
gross-up payment under Section 6 of the Executive Severance Agreement (which
Section addresses excise taxes under Code Section 4999 or interest or penalties
with respect thereto), but only as such gross-up relates to the SPP benefit
itself, and not with respect to any other payment to Employee under any plan,
arrangement, or agreement other than the SPP; and to such extent the SPP shall
be deemed to be a modification pursuant to Section 16 of the Executive Severance
Agreement.
SECTION 6
AMENDMENT AND TERMINATION
     The SPP may be amended or terminated only by a writing signed by both the
Corporation and Employee. The SPP is based on the current provisions of the law
applicable to such types of plan. If there is a material change in the law, the
Corporation will work with Employee in good faith to provide a comparable or
amended plan taking into account any such changes in the law. In the event the
benefit accrual under the SPP is frozen, payment of vested benefits under the
SPP shall nevertheless be made pursuant to Section 5. Any termination of the SPP
shall be effected in conformity with the requirements of Section 409A of the
Code.
SECTION 7
MISCELLANEOUS
     7.1 No Effect on Employment Rights. Nothing contained herein will confer
upon the Employee the right to be retained in the service of the Corporation nor
limit the right of the Corporation to discharge or otherwise deal with the
Employee without regard to the existence of the SPP.
     7.2 Funding.
     (a) General Rules. The SPP at all times shall be unfunded such that SPP
Benefits shall be paid solely from the general assets of the Corporation and/or
the Trust, as applicable. Neither the Employee nor his Surviving Spouse shall
have any interest in any particular assets of the Corporation and/or the Trust
by reason of the right to receive a benefit under the SPP and the Employee or
his Surviving Spouse shall have only the rights of a general unsecured creditor
of the

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Corporation with respect to any rights under the SPP. Nothing contained in the
SPP and/or the Trust shall constitute a guaranty by the Corporation or any other
entity or person that the assets of the Corporation and/or the Trust will be
sufficient to pay any benefit hereunder.
     (b) Creation of and Funding of Rabbi Trust. No later than the Employee’s
Termination Date or, if earlier, the date the Corporation undergoes a change in
control (as defined in the Executive Severance Agreement), (i) the Corporation
shall establish the Trust as hereinafter described; and (ii) the Corporation
shall contribute to the Trust in cash or other liquid assets acceptable to the
trustee of the Trust (A) the Actuarially Equivalent present value of the total
benefits expected to be paid to the Employee and his beneficiaries under the
SPP, with such amount to be determined by a nationally recognized actuarial
firm, which may be an actuarial firm that is at the time of determination
providing actuarial or other services to the Corporation or its benefit plans;
plus (B) the Actuarially Equivalent present value of the Trust administration
and trustee fees and expenses (including the fees and expenses of any agent of
the trustee) which the trustee reasonably expects to be incurred over the life
of the Trust. The terms of the Trust shall generally follow the model rabbi
trust set forth in IRS Revenue Procedure 92-64, except that (1) the Trust shall
be irrevocable from the date of its creation; (2) the Trust shall be
non-amendable by the Corporation except with the consent of the Employee or his
legal representative; (3) the power to direct the investment of the Trust assets
shall be held by the Corporation; (4) the Corporation shall remain liable for
the payment of SPP benefits to the extent there is any shortfall of assets under
the Trust; (5) the initial trustee and any successor thereto shall be a bank or
trust company with shareholder equity of at least $1.0 billion; and (6) neither
the Trust nor its assets shall be located or transferred outside the United
States.
     7.3 Administration. The SPP shall be administered by the Compensation
Committee. The Compensation Committee shall have all powers necessary or
appropriate to carry out the provisions of the SPP. It may, from time to time,
establish rules for the administration of the SPP and the transaction of the
SPP’s business.
     The Compensation Committee shall have the exclusive right to make any
finding of fact necessary or appropriate for any purpose under the SPP
including, but not limited to, the determination of eligibility for and amount
of any benefit.
     The Compensation Committee shall have the exclusive right to interpret the
terms and provisions of the SPP and to determine any and all questions arising
under the SPP or in

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connection with its administration, including, without limitation, the right to
remedy or resolve possible ambiguities, inconsistencies, or omissions by general
rule or particular decision, all in its sole and absolute discretion.
     To the extent permitted by law, all findings of fact, determinations,
interpretations, and decision of the Compensation Committee shall be conclusive
and binding under all persons having or claiming to have any interest or right
the the SPP.
     7.4 Disclosure. The Employee shall be a signatory to and shall receive a
copy of the SPP.
     7.5 State Law. The SPP is established under and will be construed according
to the laws of the State of Florida, to the extent that such laws are not
preempted by ERISA and valid regulations published thereunder.
     7.6 Spendthrift Provisions. No benefit payable under the SPP or by the
Trust will be subject in any manner to anticipation, alienation, sale, transfer,
assignment, pledge, encumbrance, or charge prior to actual receipt thereof by
the payee. Any attempt so to anticipate, alienate, sell, transfer, assign,
pledge, encumber or charge prior to such receipt will be void. The Corporation
and the Trustee will not be liable in any manner for or subject to the debts,
contracts, liabilities, engagements or torts of any person entitled to any
benefit under the SPP. The amounts payable under the SPP or by the Trust will be
exempt from the claims of the Employee’s creditors to the fullest extent
permitted by law.
     7.7 Incapacity of Recipient. In the event the Employee or Surviving Spouse
is declared incompetent and a conservator or other person legally charged with
the care of his person or of his estate is appointed, any benefits under the SPP
(including any payments from the Trust) to which such person is entitled shall
be paid to such conservator or other person legally charged with the care of
this person or his estate. Except as provided above in this Section, when the
Compensation Committee in its sole discretion, determines that a Employee or
Surviving Spouse is unable to manage his or her financial affairs, the
Compensation Committee may direct the Corporation or the Trustee to make
distributions to a duly authorized person for the benefit of such Employee or
Surviving Spouse.

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     7.8 Unclaimed Benefit. The Employee shall keep the Compensation Committee
informed of his current address and the current address of his spouse. The
Compensation Committee shall not be obligated to search for the whereabouts of
any person. If the location of the Employee is not made known to the
Compensation Committee within three (3) years after the date on which any
payment of the Employee’s SPP Benefit may be made, payment may be made as though
the Employee had died at the end of the three-year period. If, within one
additional year after such three-year period has elapsed, or, within three years
after the actual death of a Employee, the Compensation Committee is unable to
locate any Surviving Spouse of the Employee, then the Corporation shall have no
further obligation to pay any benefit hereunder to such Employee or Surviving
Spouse or any other person and such benefit shall be irrevocably forfeited.
     7.9 Limitations on Liability. Notwithstanding any of the preceding
provisions of the SPP, except for payment of SPP Benefit and expense
reimbursements, if any, due under the SPP by the Corporation and/or from the
Trust, neither the Corporation, the Trustee nor any individual acting as an
agent of the Corporation or as a member of the Compensation Committee shall be
liable to the Employee, Surviving Spouse or any other person for any claim,
loss, liability or expense incurred in connection with the SPP or the Trust.
     7.10 Claims Procedure. The Compensation Committee has full discretion and
the exclusive right to determine eligibility for benefits under the SPP pursuant
to its terms. The determination of the Compensation Committee may only be
appealed to the Board of Directors of the Corporation. The foregoing shall not
eliminate or reduce the authority and powers of the Trustee under the Trust.
     7.11 No Enlargement of Rights. The Employee will have no right to or
interest in any portion of the SPP and/or the Trust except as specifically
provided in the SPP and/or the Trust.
     7.12 Withholding for Taxes. Payment under the SPP or from the Trust will be
subject to withholding for payroll taxes as required by law, including federal,
state and local income taxes and FICA taxes.
     7.13 Employee’s Expense in Dispute Resolution. The Corporation agrees to
pay, to the full extent permitted by law, all legal fees and expenses which the
Employee may reasonably incur as a result of a contest, arbitration, litigation
or other dispute resolution or legal action in which the Employee substantially
prevails, whether instituted by or against the Corporation, the

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Employee, any director, officer, shareholder or other person affiliated with the
Corporation, or any successor thereto in any jurisdiction, of the validity or
enforceability of, or liability under, any provision of the SPP or the Trust or
any guarantee of performance thereof (including as a result of any contest by
the Employee about the amount of any payment pursuant to the SPP or the Trust),
plus in each case interest on any delayed payment at interest calculated at the
discount rate for determining Actuarial Equivalence under the SPP.
     7.14 All Prior Agreements Superseded. Except to the extent that the SPP
expressly refers to other documents, such as the Letter Agreement and the
Executive Severance Agreement, the SPP constitutes the sole and complete
understanding between the Corporation and the Employee with respect to all
issues arising from the Corporation’s obligation under the SPP. The SPP replaces
and supersedes all previous written documents and all oral agreements, of any
nature whatsoever, regarding the Corporation’s obligation to provide such
supplemental retirement benefits (but only such benefits) and expense
reimbursements, if any, to the Employee, and the Employee has indicated his
acknowledgement of said fact by signing this agreement in the space below.
     7.15 Reduction of Benefit for Advance to Pay Taxes. In the event the
Employee or his beneficiary receives a distribution or payment (including
interest and penalties) in connection with the taxation of a SPP benefit before
the regular time for payment pursuant to the SPP or the Trust, then the benefits
payable to the Employee and/or his beneficiary under the SPP shall be reduced by
the Actuarially Equivalent value of such distribution (other than the amount for
interest or penalties) with such reduction to be made on a pro-rata basis over
the remaining term of benefit payments under the SPP. If any such distribution
exceeds benefits payable under the SPP, then the Employee, his beneficiary or
estate of the Employee or his beneficiary receiving the same shall be obligated
to return that part of such distribution to the Corporation which exceeds
benefits payable under the SPP.
[document continued on next page]

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     IN WITNESS WHEREOF, Employee and Harris Corporation have caused this
Supplemental Pension Plan to be executed on the date(s) shown below, but
effective as of the date first indicated above.

            HARRIS CORPORATION
      By:   /s/ Stephen P. Kaufman         Title: Chairperson, Management
Development and Compensation Committee           

Date: October 27, 2006
 
 

            EMPLOYEE
      /s/ Howard L. Lance       Howard L. Lance         

Date: October 30, 2006
Witnessed by: Vicki L. Booth

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