Exhibit 10.27

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EID Number: _________

     2006 Stock Incentive Plan
of Honeywell International Inc. and its Affiliates

OPTION AWARD AGREEMENT

     AWARD AGREEMENT made in Morris Township, New Jersey, as of the [DAY] day of
[MONTH, YEAR] between Honeywell International Inc. (the “Company”) and [EMPLOYEE
NAME] (the “Employee”).

1.      Grant of Option. The Company has granted you an Option to purchase
[NUMBER] Shares of Common Stock, subject to the provisions of this Agreement and
the 2006 Stock Incentive Plan for Employees of Honeywell International Inc. and
its Affiliates (the “Plan”). This Option is a nonqualified Option.   2.     
Exercise Price. The purchase price of the Shares covered by the Option will be
[DOLLAR AMOUNT] per Share.   3.      Vesting. Except in the event of your death
or Disability or a Change in Control, the Option will become exercisable in
cumulative installments as follows: [VESTING PROVISIONS CONSISTENT WITH THE
PLAN].   4.      Term of Option. The Option must be exercised prior to the close
of the New York Stock Exchange (“NYSE”) on [EXPIRATION DATE], subject to earlier
termination or cancellation as provided below. If the NYSE is not open for
business on the expiration date specified, the Option will expire at the close
of the NYSE on the business day immediately preceding [EXPIRATION DATE].   5.   
  Payment of Exercise Price. You may pay the Exercise Price by cash, certified
check, bank draft, wire transfer, postal or express money order, or any other
alternative method specified in the Plan and expressly approved by the
Committee. Notwithstanding the foregoing, you may not tender any form of payment
that the Committee determines, in its sole and absolute discretion, could
violate any law or regulation.   6.      Exercise of Option. Subject to the
terms and conditions of this Agreement, the Option may be exercised by
contacting the Honeywell Stock Option Service Center, managed by Smith Barney,
by telephone at 1-888-723-3391 or 1-212-615-7876, or on the internet at
www.benefitaccess.com. If the Option is exercised after your death, the Company
will deliver Shares only after the Committee has determined that the person
exercising the Option is the duly appointed executor or administrator of your
estate or the person to whom the Option has been transferred by your will or by
the applicable laws of descent and distribution.  

 

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7.      Termination, Retirement, Disability or Death. The Option will vest and
remain exercisable as follows:  

Event    Vesting    Exercise 

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Death   Immediate vesting as of  death.   Expires earlier of (i)  original
expiration date, or  (ii) 3 years after death.

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Disability   Immediate vesting as of  incurrence of Disability.   Expires
earlier of (i)  original expiration date, or  (ii) 3 years after Disability.

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Full Retirement  (Voluntary Termination of  Employment on or after age  60 and
10 Years of Service)   Unvested Awards forfeited  as of Full Retirement.  
Expires earlier of (i)  original expiration date, or  (ii) 3 years after
retirement.  If you die prior to end of  this 3-year period, expires  earlier of
(i) original  expiration date, or (ii) 1  year after death.

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Early Retirement  (Termination of  Employment because of  retirement from
active  employment on or after age  55 and 10 Years of Service)    Unvested
Awards forfeited  as of Early Retirement.    Expires earlier of (i)  original
expiration date, or  (ii) 3 years after retirement.  If you die prior to end of 
this 3-year period, expires  earlier of (i) original  expiration date, or (ii)
1  year after death. 

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Voluntary termination    Unvested Awards forfeited  as of Termination of 
Employment.    Expires earlier of (i)  original expiration date, or  (ii) 30
days after  termination. If you die prior  to end of this 30-day period, 
expires earlier of (i) original  expiration date, or (ii) 1  year after death. 

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Involuntary termination not  for Cause    Unvested Awards forfeited  as of
Termination of  Employment.    Expires earlier of (i)  original expiration date,
or  (ii) 1 year after termination.  If you die prior to end of  this 1-year
period, expires  earlier of (i) original  expiration date, or (ii) 1  year after
death. 

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Involuntary termination for  Cause    Unvested Awards forfeited  as of
Termination of  Employment.    Vested Awards immediately  cancelled. 

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  For purposes of this Agreement, if your employment is terminated under
circumstances that entitle you to severance benefits under a severance plan of
the Company or an Affiliate in which you participate, “Termination of
Employment” refers to the date immediately prior to the date severance benefits
become payable under the terms of the severance plan. If your employment is
terminated under any other circumstances and you are not entitled to severance
benefits under a severance plan of the Company or an Affiliate, “Termination of
Employment” refers to the last day you actively perform services for the Company
and its Affiliates.     8.      Change in Control. In the event of a Change in
Control, any portion of the Option that has not vested as of the date of Change
in Control will immediately become exercisable in full.   9.      Withholdings.
The Company will have the right, prior to the issuance or delivery of any Shares
in connection with the exercise of the Option, to withhold or demand from you
the amount necessary to satisfy applicable tax requirements, as determined by
the Committee.   10.      Transfer of Option. You may not transfer the Option or
any interest in the Option except by will or the laws of descent and
distribution or except as permitted by the Committee and as specified in the
Plan.   11.      Forfeiture of Award.     (a)      By accepting the Award, you
expressly agree and acknowledge that the forfeiture provisions of subparagraph
(b) will apply if, from the date of the grant of the Option until the date that
is twenty-four (24) months after your Termination of Employment for any reason,
you enter into an employment or consultation agreement or arrangement (including
any arrangement for service as an agent, partner, stockholder, consultant,
officer or director) with any entity or person engaged in a business in which
the Company or any Affiliate is engaged if the business is competitive (in the
sole judgment of the Committee) with the Company or an Affiliate and the
Committee has not approved the agreement or arrangement in writing.     (b)     
If the Committee determines, in its sole judgment, that you have engaged in an
act that violates subparagraph (a) prior to the 24-month anniversary of your
Termination of Employment, any Option that you have not exercised (whether
vested or unvested) will immediately be rescinded, and you will forfeit any
rights you have with respect to the Option as of the date of the Committee’s
determination. In addition, you hereby agree and promise immediately to deliver
to the Company, Shares equal in value to the amount of any profit you realized
upon an exercise of the Option during the period beginning six (6) months prior
to your Termination of Employment and ending on the date of the Committee’s
determination.   12.      Adjustments. Any adjustments to the Option will be
governed by Section 5.3 of the Plan.  

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13.      Restrictions on Exercise. Exercise of the Option is subject to the
conditions that, to the extent required at the time of exercise, (a) the Shares
covered by the Option will be duly listed, upon official notice of issuance,
upon the NYSE, and (b) a Registration Statement under the Securities Act of 1933
with respect to the Shares will be effective. The Company will not be required
to deliver any Common Stock until all applicable federal and state laws and
regulations have been complied with and all legal matters in connection with the
issuance and delivery of the Shares have been approved by counsel of the
Company.   14.      Disposition of Securities. By accepting the Award, you
acknowledge that you have read and understand the Company’s policy, and are
aware of and understand your obligations under U.S. federal securities laws in
respect of trading in the Company’s securities, and you agree not to use the
Company’s “cashless exercise” program (or any successor program) at any time
when you possess material nonpublic information with respect to the Company or
when using the program would otherwise result in a violation of securities law.
The Company will have the right to recover, or receive reimbursement for, any
compensation or profit realize on the exercise of the Option or by the
disposition of Shares received upon exercise of the Option to the extent that
the Company has a right of recovery or reimbursement under applicable securities
laws.   15.      Plan Terms Govern. The exercise of the Option, the disposition
of any Shares received upon exercise of the Option, and the treatment of any
gain on the disposition of these Shares are subject to the terms of the Plan and
any rules that the Committee may prescribe. The Plan document, as may be amended
from time to time, is incorporated into this Agreement. Capitalized terms used
in this Agreement have the meaning set forth in the Plan, unless otherwise
stated in this Agreement. In the event of any conflict between the terms of the
Plan and the terms of this Agreement, the Plan will control unless otherwise
stated in this Agreement. By accepting the Award, you acknowledge receipt of the
Plan and the prospectus, as in effect on the date of this Agreement.   16.     
Personal Data.     (a)      By entering into this Agreement, and as a condition
of the grant of the Option, you expressly consent to the collection, use, and
transfer of personal data as described in this Section to the full extent
permitted by and in full compliance with applicable law.     (b)      You
understand that your local employer holds, by means of an automated data file,
certain personal information about you, including, but not limited to, name,
home address and telephone number, date of birth, social insurance number,
salary, nationality, job title, any shares or directorships held in the Company,
details of all options or other entitlement to shares awarded, canceled,
exercised, vested, unvested, or outstanding in your favor, for the purpose of
managing and administering the Plan (“Data”).     (c)      You further
understand that part or all of your Data may be also held by the Company or its
Affiliates, pursuant to a transfer made in the past with your consent, in
respect  

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    of any previous grant of options or awards, which was made for the same
purposes of managing and administering of previous award/incentive plans, or for
other purposes.         (d) You further understand that your local employer will
transfer Data to the Company or its Affiliates among themselves as necessary for
the purposes of implementation, administration, and management of the your
participation in the Plan, and that the Company or its Affiliates may transfer
data among themselves, and/or each, in turn, further transfer Data to any third
parties assisting the Company in the implementation, administration, and
management of the Plan (“Data Recipients”).         (e)  You understand that the
Company or its Affiliates, as well as the Data Recipients, are or may be located
in your country of residence or elsewhere, such as the United States. You
authorize the Company or its Affiliates, as well as the Data Recipients, to
receive, possess, use, retain, and transfer Data in electronic or other form,
for the purposes of implementing, administering, and managing your participation
in the Plan, including any transfer of such Data, as may be required for the
administration of the Plan and/or the subsequent holding of Shares on your
behalf, to a broker or third party with whom the Shares may be deposited.      
  (f)  You understand that you may show your opposition to the processing and
transfer of your Data, and, may at any time, review the Data, request that any
necessary amendments be made to it, or withdraw your consent herein in writing
by contacting the Company. You further understand that withdrawing consent may
affect your ability to participate in the Plan.     17.      Discretionary
Nature and Acceptance of Award. By accepting this Award, you agree to be bound
by the terms of this Agreement and acknowledge that:     (a)      The Company
(and not your local employer) is granting your Option. Furthermore, this
Agreement is not derived from any preexisting labor relationship between you and
the Company, but rather from a mercantile relationship.     (b)      The Company
may administer the Plan from outside your country of residence and United States
law will govern all options granted under the Plan.     (c)      Benefits and
rights provided under the Plan are wholly discretionary and, although provided
by the Company, do not constitute regular or periodic payments.     (d)      The
benefits and rights provided under the Plan are not to be considered part of
your salary or compensation under your employment with your local employer for
purposes of calculating any severance, resignation, redundancy or other end of
service payments, vacation, bonuses, long-term service awards, indemnification,
pension or retirement benefits, or any other payments, benefits or rights of any
kind. You waive any and all rights to compensation or damages as a result of the
termination of employment with your local employer for any reason whatsoever
insofar as those rights result, or may result, from the loss or diminution in
value of  

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    such rights under the Plan or your ceasing to have any rights under, or
ceasing to be entitled to any rights under, the Plan as a result of such
termination.         (e) The grant of the Option hereunder, and any future grant
of an option under the Plan, is entirely voluntary, and at the complete
discretion of the Company. Neither the grant of the Option nor any future grant
by the Company will be deemed to create any obligation to make any future
grants, whether or not such a reservation is explicitly stated at the time of
such a grant. The Company has the right, at any time and/or on an annual basis,
to amend, suspend or terminate the Plan; provided, however, that no such
amendment, suspension, or termination will adversely affect your rights
hereunder.         (f)  The Plan will not be deemed to constitute, and will not
be construed by you to constitute, part of the terms and conditions of
employment. Neither the Company nor your local employer will incur any liability
of any kind to you as a result of any change or amendment, or any cancellation,
of the Plan at any time.         (g)  Participation in the Plan will not be
deemed to constitute, and will not be deemed by you to constitute, an employment
or labor relationship of any kind with the Company.     18.      Limitations.
Nothing in this Agreement or the Plan gives you any right to continue in the
employ of the Company or any of its Affiliates or to interfere in any way with
the right of the Company or any Affiliate to terminate your employment at any
time. Payment of Shares is not secured by a trust, insurance contract or other
funding medium, and you do not have any interest in any fund or specific asset
of the Company by reason of the Option. You have no rights as a shareowner of
the Company pursuant to the Option until Shares are actually delivered you.  
19.      Incorporation of Other Agreements. This Agreement and the Plan
constitute the entire understanding between you and the Company regarding the
Option. This Agreement supersedes any prior agreements, commitments or
negotiations concerning the Option.   20.      Severability. The invalidity or
unenforceability of any provision of this Agreement will not affect the validity
or enforceability of the other provisions of the Agreement, which will remain in
full force and effect. Moreover, if any provision is found to be excessively
broad in duration, scope or covered activity, the provision will be construed so
as to be enforceable to the maximum extent compatible with applicable law.    
IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by
the facsimile signature of its Chairman of the Board and Chief Executive Officer
as of the day and year first above written. By consenting to this Agreement, you
agree to the following: (i) you have carefully read, fully understand and agree
to all of the terms and conditions described in this Agreement, the Plan, the
Plan’s prospectus and all accompanying documentation; and (ii) you understand
and agree that this Agreement and the Plan constitute the entire understanding
between you and the Company regarding the Option, and that any prior agreements,
commitments or negotiations concerning the  

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Option are replaced and superseded. You will be deemed to consent to the
application of the terms and conditions set forth in this Agreement and the Plan
unless you contact Honeywell International Inc., Executive Compensation/AB-1D,
101 Columbia Road, Morristown, NJ 07962 in writing within thirty (30) days of
the date of this Agreement.

 
Honeywell International Inc.
          /s/ David M. Cote   By:  David M. Cote      Chairman of the Board and 
    Chief Executive Officer 

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