Document:

Exhibit 10.6

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    UNOVA,
      INC.

     

    SUPPLEMENTAL
      EXECUTIVE RETIREMENT PLAN 

     

    (AS
      AMENDED MARCH 30,  2007)

     

    THIS
      PLAN CONTAINS ARBITRATION CLAUSES

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      UNOVA,
        INC.

      SUPPLEMENTAL
        EXECUTIVE RETIREMENT PLAN 

      (AS
        AMENDED MARCH 30,  2007)

       

      TABLE
        OF CONTENTS

    

    

      
        	 	 	 	 	 	
                PAGE

              
	
                ARTICLE
                  I

              	 	
                INTRODUCTION
                  AND PURPOSE

              	 	 	
                1

              
	 	 	 	 	 	 
	
                ARTICLE
                  II

              	 	
                DEFINITIONS

              	 	 	
                1

              
	 	 	 	 	 	 
	
                Section

              	 	
                2.1

              	 	
                Active
                  Participant

              	
                1

              
	 	 	
                2.2

              	 	
                Actuarial
                  Equivalent

              	
                1

              
	 	 	
                2.3

              	 	
                Average
                  Earnings

              	
                2

              
	 	 	
                2.4

              	 	
                Base
                  Compensation Amount

              	
                3

              
	 	 	
                2.5

              	 	
                Beneficiary
                  or Beneficiaries

              	
                3

              
	 	 	
                2.6

              	 	
                Board

              	
                3

              
	 	 	
                2.7

              	 	
                Bonus
                  or Bonuses

              	
                4

              
	 	 	
                2.8

              	 	
                Business
                  Combination

              	
                4

              
	 	 	
                2.9

              	 	
                Change
                  of Control

              	
                4

              
	 	 	
                2.10

              	 	
                Chief
                  Executive Officer

              	
                5

              
	 	 	
                2.11

              	 	
                Chief
                  Financial Officer

              	
                5

              
	 	 	
                2.12

              	 	
                Code

              	
                5

              
	 	 	
                2.13

              	 	
                Committee

              	
                5

              
	 	 	
                2.14

              	 	
                Company

              	
                6

              
	 	 	
                2.15

              	 	
                Death
                  Benefit

              	
                6

              
	 	 	
                2.16

              	 	
                Dependent
                  Children

              	
                6

              
	 	 	
                2.17

              	 	
                Director

              	
                6

              
	 	 	
                2.18

              	 	
                Disability
                  or Disabled

              	
                6

              
	 	 	
                2.19

              	 	
                Disability
                  Benefit

              	
                6

              
	 	 	
                2.20

              	 	
                Distribution
                  Date

              	
                7

              
	 	 	
                2.21

              	 	
                Employee
                  Benefits Agreement

              	
                7

              
	 	 	
                2.22

              	 	
                ERISA

              	
                7

              
	 	 	
                2.23

              	 	
                Exchange
                  Act

              	
                7

              
	 	 	
                2.24

              	 	
                Litton

              	
                7

              
	 	 	
                2.25

              	 	
                Leave
                  of Absence

              	
                7

              
	 	 	
                2.26

              	 	
                Normal
                  Form

              	
                7

              
	 	 	
                2.27

              	 	
                Offset
                  Amount

              	
                7

              
	 	 	
                2.28

              	 	
                Outstanding
                  Company Common Stock

              	
                8

              
	 	 	
                2.29

              	 	
                Participant

              	
                8

              
	 	 	
                2.30

              	 	
                Person

              	
                8

              
	 	 	
                2.31

              	 	
                Qualified
                  Plan

              	
                8

              
	 	 	
                2.32

              	 	
                Retired
                  Participant

              	
                8

              
	 	 	
                2.33

              	 	
                Retirement
                  Benefit

              	
                8

              
	 	 	
                2.34

              	 	
                Special
                  Administrators

              	
                8

              
	 	 	
                2.35

              	 	
                Successor
                  or Successors

              	
                8

              
	 	 	
                2.36

              	 	
                Supplemental
                  Plan

              	
                9

              
	 	 	
                2.37

              	 	
                Trust

              	
                9

              
	 	 	
                2.38

              	 	
                Trustee

              	
                9

              
	 	 	
                2.39

              	 	
                Trust
                  Agreement

              	
                9

              
	 	 	
                2.40

              	 	
                Western
                  Atlas

              	
                9

              
	 	 	
                2.41

              	 	
                Western
                  Atlas Plan

              	
                9

              
	 	 	
                2.42

              	 	
                Years
                  of Service

              	
                9

              

      

       

      
        
          
          

        

        
          i

          
            

          

        

        
          
          

        

      

      
        	
                ARTICLE
                  III

              	 	
                PARTICIPATION

              	 	 	
                10

              
	 	 	 	 	 	 
	
                Section

              	 	
                3.1

              	 	
                General

              	
                10

              
	 	 	
                3.2

              	 	
                Entry
                  and Continuing Participation

              	
                10

              
	 	 	 	 	 	 
	 	 	 	 	 	 
	
                ARTICLE
                  IV

              	 	
                RETIREMENT
                  BENEFITS

              	 	 	
                10

              
	 	 	 	 	 	 
	
                Section

              	 	
                4.1

              	 	
                Eligibility
                  for Retirement Benefit

              	
                10

              
	 	 	
                4.2

              	 	
                Retirement
                  Benefit Formula

              	
                11

              
	 	 	
                4.3

              	 	
                Vesting
                  in Retirement Benefit

              	
                11

              
	 	 	
                4.4

              	 	
                Retirement
                  Benefit Forms

              	
                11

              
	 	 	
                4.5

              	 	
                Normal
                  Form of Retirement Benefit

              	
                12

              
	 	 	
                4.6

              	 	
                Alternative
                  Forms of Benefit

              	
                12

              
	 	 	 	 	 	 
	
                ARTICLE
                  V

              	 	
                BENEFITS
                  UPON PARTICIPANT'S DEATH

              	 	 	
                13

              
	 	 	 	 	 	 
	
                Section

              	 	
                5.1

              	 	
                Eligibility
                  for Death Benefit

              	
                13

              
	 	 	
                5.2

              	 	
                Death
                  Benefit

              	
                13

              
	 	 	
                5.3

              	 	
                Spouse
                  Retirement Benefit

              	
                13

              
	 	 	
                5.4

              	 	
                Change
                  of Control

              	
                14

              
	 	 	 	 	 	 
	
                ARTICLE
                  VI

              	 	
                BENEFITS
                  OF DISABLED PARTICIPANTS

              	 	 	
                14

              
	 	 	 	 	 	 
	
                Section

              	 	
                6.1

              	 	
                Eligibility
                  for Disability Benefit

              	
                14

              
	 	 	
                6.2

              	 	
                Disability
                  Formula

              	
                14

              
	 	 	
                6.3

              	 	
                Vesting
                  Disability Benefit

              	
                14

              
	 	 	
                6.4

              	 	
                Disabled
                  Participant's Retirement Benefit

              	
                14

              
	 	 	 	 	 	 
	
                ARTICLE
                  VII

              	 	
                ELECTIONS,
                  CLAIMS, COMMENCEMENT OF PAYMENTS AND BENEFICIARY
                  DESIGNATIONS

              	 	 	
                14

              
	 	 	 	 	 	 
	
                Section

              	 	
                7.1

              	 	
                General

              	
                14

              
	 	 	
                7.2

              	 	
                Commencement
                  of Payments

              	
                15

              
	 	 	
                7.3

              	 	
                Form
                  of Benefit Elections

              	
                15

              
	 	 	
                7.4

              	 	
                Beneficiaries

              	
                15

              
	 	 	
                7.5

              	 	
                Failure
                  to Claim

              	
                16

              
	 	 	 	 	 	 
	
                ARTICLE
                  VIII

              	 	
                ADMINISTRATION

              	 	 	
                16

              

      

       

      
        
          
          

        

        
          ii

          
            

          

        

        
          
          

        

      

      
        	
                ARTICLE
                  IX

              	 	
                SOURCE
                  OF PAYMENTS

              	 	 	
                16

              
	 	 	 	 	 	 
	
                Section

              	 	
                9.1

              	 	
                General
                  Assets of Company

              	
                16

              
	 	 	 	 	 	 
	
                ARTICLE
                  X

              	 	
                CLAIMS
                  AND ENFORCEMENT

              	 	 	
                17

              
	 	 	 	 	 	 
	
                Section
                  

              	 	
                10.1

              	 	
                Administrative
                  Procedures

              	
                17

              
	 	 	
                10.2

              	 	
                Enforcement

              	
                17

              
	 	 	
                10.3

              	 	
                Arbitration

              	
                18

              
	 	 	 	 	 	 
	
                ARTICLE
                  XI

              	 	
                AMENDMENT
                  AND TERMINATION

              	 	 	
                19

              
	 	 	 	 	 	 
	
                Section

              	 	
                11.1

              	 	
                Amendment
                  and Termination of the Plan

              	
                19

              
	 	 	
                11.2

              	 	
                Contractual
                  Obligation

              	
                20

              
	 	 	 	 	 	 
	
                ARTICLE
                  XII

              	 	
                MISCELLANEOUS

              	 	 	
                20

              
	 	 	 	 	 	 
	
                Section

              	 	
                12.1

              	 	
                Employment
                  Rights

              	
                20

              
	 	 	
                12.2

              	 	
                Rights
                  of the Committee

              	
                20

              
	 	 	
                12.3

              	 	
                Benefit
                  Statements

              	
                20

              
	 	 	
                12.4

              	 	
                Assignment

              	
                20

              
	 	 	
                12.5

              	 	
                Applicable
                  Law

              	
                20

              
	 	 	
                12.6

              	 	
                Effective
                  Date

              	
                20

              
	 	 	
                12.7

              	 	
                Entire
                  Plan

              	
                20

              
	 	 	
                12.8

              	 	
                Terms

              	
                20

              
	 	 	
                12.9

              	 	
                Waiver

              	
                20

              
	 	 	 	 	 	 
	
                ARTICLE
                  XIII

              	 	
                BENEFITS
                  FOR RETIRED WESTERN ATLAS EMPLOYEES

              	 	 	
                21

              
	 	 	 	 	 	 
	
                Section

              	 	
                13.1

              	 	
                Benefit
                  Payments

              	
                21

              

      

      

    

     

    
      
        
        

      

      
        
          iii

        

        
          

        

      

      
        
        

      

    

    SUPPLEMENTAL
      EXECUTIVE RETIREMENT PLAN

    (AS
      AMENDED MARCH 30, 2007)

    

    

     

    Article
      I—Introduction and Purpose

    

    UNOVA,
      Inc. establishes this UNOVA, Inc. Supplemental Executive Retirement Plan (the
      "Supplemental Plan") effective as of the Distribution Date. The purpose of
      the
      Supplemental Plan is to provide for supplemental retirement benefits to selected
      key employees of the Company (as that term is defined in Section 2.14 and as
      used hereinafter such term shall have such defined meaning), and thereby
      encourage those employees to continue providing services to the Company until
      retirement. The Supplemental Plan is intended to provide benefits solely for
      a
      select group of management or highly compensated employees within the meaning
      of
      Sections 201(2), 301(a)(3) and 401(a)(1) of Title I of the Employee Retirement
      Income Security Act of 1974, as amended ("ERISA"). Payments under the
      Supplemental Plan shall be made either from general assets of the Company or
      from the assets of a trust which may be established hereunder. It is intended
      that the Supplemental Plan remain at all times an unfunded plan for purposes
      of
      ERISA and that the trust, if established, shall constitute a grantor trust
      under
      Sections 671 through 679 of the Internal Revenue Code of 1986, as amended (the
      "Code").

    

    Article
      II—Definitions

    

    Section
      2.1 "Active
      Participant"
      shall
      mean a person who has been designated as a Participant in the Supplemental
      Plan
      pursuant to Article III, and who continues to be employed by the Company
      continuously from such designation, except as provided for in Section 3.2.
      A
      Participant (other than a Disabled Participant during the period of Disability)
      shall be treated as having terminated from employment during any period of
      Leave
      of Absence, unless the Committee, in its sole and absolute discretion, and
      subject to such terms and conditions as the Committee may specify, decides
      otherwise. However, a Disabled or deceased Participant shall continue to be
      treated as an Active Participant and, thus, continue to accrue additional Years
      of Service until the earlier of the date that the Participant attains (or,
      if
      deceased, would have attained) age 65, or the date that the Participant is
      no
      longer Disabled. A Disabled Participant who returns to active employment with
      the Company when Disability ends shall thereafter be an Active Participant,
      so
      long as such employment continues, without further designation pursuant to
      Article III. An Active Participant who terminates employment with the Company
      (other than for Disability) and is subsequently re-employed with the Company
      shall not be treated as an Active Participant unless such individual is
      redesignated as an Active Participant pursuant to Article III.

    

    Section
      2.2 "Actuarial
      Equivalent"
      shall
      mean the adjustment of an amount or amounts using actuarial methods and factors
      identical with those actuarial methods and factors then being used, at the
      time
      such calculations are to be made hereunder, under the UNOVA Retirement Plan
      adopted by UNOVA, Inc. as of the Distribution Date and intended to be qualified
      under Section 401(a) of the Code, as such Plan may be amended from time to
      time
      and any retirement plan intended to replace such Plan (the "Qualified
      Plan").

    

    
      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

    

    

    

    Section
      2.3 "Average
      Earnings"
      shall
      mean the average of gross base salary payments plus Bonuses as defined in
      Section 2.7 (except, for a Retired Participant receiving a Retirement Benefit
      as
      of the Distribution Date, Bonuses shall mean gross cash payments of Bonuses)
      from the Company to the Participant in the three twelve consecutive month
      periods (with no overlap), in which such Participant's gross base salary
      payments plus gross Bonuses are the highest, in the Participant's final 120
      months of employment. For all purposes of calculating "Average Earnings" under
      this Supplemental Plan "gross base salary" shall include (i) any amounts
      deferred pursuant to Section 401(k) or Section 125 of the Code, (ii) any amounts
      deferred at the election of the Participant pursuant to any plan of the Company
      which permits such deferral, and (iii) cash payments, during the relevant
      period, of commissions payable to a Participant as a regular part of the
      Participant's compensation, e.g. to a person engaged in sales or marketing;
      however, commissions not payable as a regular part of a Participant's
      compensation shall not be included in the calculation of Average Earnings.
      Commissions or portions thereof otherwise included in the calculation of Average
      Earnings pursuant to the preceding sentence which are deferred (other than
      at
      the election of a Participant) shall be included in the calculation of Average
      Earnings in the relevant period in which cash payments are made. For purposes
      of
      calculating Average Earnings under this Supplemental Plan salary (including
      relevant commission payments and bonuses) paid in a non-U.S. currency shall
      be
      converted to U.S. dollar equivalents using the quarterly UNOVA, Inc. official
      rates of exchange, as determined by the Chief Financial Officer and as utilized
      generally for corporate purposes.

    

    (a).
       Average
      Earnings for purposes of calculating a Disability or Death Benefit for or with
      respect to a Disabled Participant shall be calculated using the 120 months
      that
      include and precede the month that his or her Disability commenced. If a
      formerly Disabled Participant who has returned to active employment with the
      Company does not have a minimum of 36 consecutive calendar months of employment
      with the Company after such return to active employment, then Average Earnings
      shall be calculated by the Committee in accordance with subparagraph
      (e).

    

    (b).
       Average
      Earnings in the case of an Active Participant who dies prior to attaining age
      65
      shall be calculated using the 120 months that include and precede the month
      of
      the Participant's death (or Disability, in the case of a Disabled Participant
      who dies). For purposes of calculating a lump sum payment pursuant to Section
      4.1(d) in the event of a Change of Control, with respect to a person (other
      than
      a Disabled or deceased Participant) who is an Active Participant as of the
      date
      of such calculation, Average Earnings shall be calculated as if the person's
      employment with the Company ended on such date.

    

    (c).
       For
      purposes of calculating Average Earnings, the Participant's gross base salary
      plus gross Bonuses received while employed by Western Atlas (beginning on or
      after March 17, 1994) or Litton (prior to such date), if and to the extent
      such
      Western Atlas or Litton employment is included within the period of 120 months
      to be used in such calculation, shall be taken into account, provided that
      the
      Participant's benefits under the Western Atlas retirement plans were transferred
      to the Company pursuant to the Employee Benefits Agreement between Western
      Atlas
      and UNOVA, Inc. (the "Employee Benefits Agreement").

    

    (d).
       If
      a
      Participant is eligible to receive payments under the Supplemental Plan but
      does
      not have 36 consecutive months of employment with Western Atlas and the Company,
      then Average Earnings shall be calculated by the Committee in accordance with
      subparagraph (e).

    

    
      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

    

    

    

    (e).
       Notwithstanding
      the foregoing, the Committee may determine Average Earnings for the purposes
      of
      this Section by another methodology which it determines to be more appropriate
      under the facts and circumstances; provided, however, that, following a Change
      of Control, the authority of the Committee under this subparagraph (e) shall
      be
      limited to matters referred to in the last sentence of subparagraph (a) above
      and the matters referred to in subparagraph (d) above unless the methodology
      for
      determining Average Earnings selected by the Committee is more advantageous
      to
      the Participant.

    

    Section
      2.4 "Base
      Compensation Amount"
      shall
      mean the applicable dollar amount on the date that the Active Participant
      terminates from employment with the Company, calculated as follows:

    

    (a). The
      Base
      Compensation Amount, as defined under the Western Plan, for the 12-month period
      ending on December 31, 1997;

    

    (b).
       For
      each
      12-month period following the period described above in Section 2.4(a), the
      Base
      Compensation Amount shall be the dollar amount applicable for the immediately
      preceding 12-month period increased by a percentage, which shall be the sum
      of:
      (1) the percentage increase in the U.S. Department of Labor consumer price
      index
      for all urban consumers from the index amount in effect at the beginning of
      the
      immediately preceding 12-month period to the index amount in effect at the
      beginning of the current 12-month period, and; (2) one percent.

    

    (c).
       In
      the
      case of an Active Participant who dies, the Base Compensation Amount shall
      be
      the dollar amount in effect under Section 2.4(a) or (b) for the month in which
      the Participant died and, in the case of a Disabled Participant (who does not
      return to active employment with the Company), the Base Compensation Amount
      shall be the dollar amount in effect under Section 2.4(a) or (b) for the month
      in which the Disabled Participant becomes disabled. For purposes of calculating
      a lump sum payment pursuant to Section 4.1(d) in the event of a Change of
      Control, with respect to a person (other than a Disabled or deceased
      Participant) who is an Active Participant as of the date of such calculation,
      the Base Compensation Amount shall be the Base Compensation amount in effect
      as
      of the date of such calculation.

    

    Section
      2.5 "Beneficiary"
      or
      "Beneficiaries"
      shall
      mean those who are designated under the Supplemental Plan to receive payment
      of
      a benefit on account of a Participant's death. If and to the extent the spouse
      of a deceased Participant is living at the time of the Participant’s death, only
      the spouse may be the Beneficiary. Upon the death of the spouse of a deceased
      Participant prior to commencement of Retirement Benefit payments, the Dependent
      Children of the Participant may be Beneficiaries, but only of the Death
      Benefit.

    

    Section
      2.6 "Board"
      shall
      mean the Board of Directors of UNOVA, Inc. or of its Successor, as of the time
      in question, the succession of which did not result from or constitute or follow
      a Change of Control ("Successor" or "Successors").

    

     

    

    
      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

    

    

    Section
      2.7 "Bonus"
      or
      "Bonuses"
      shall
      mean the full amount of the bonus or similar cash incentive determined and
      awarded by the Committee (or any other body or individual having authority
      to
      award such Bonus) to a Participant with respect to any given fiscal year or
      portion thereof and shall be deemed, for purposes of the calculation of Average
      Earnings, to have been paid by the Company to the Participant in equal monthly
      installments during the fiscal year or portion thereof with respect to which
      the
      Bonus was awarded (except, for a Retired Participant receiving a Retirement
      Benefit as of the Distribution Date, Bonus or Bonuses shall mean gross cash
      payments of Bonuses), under Company-sponsored, formal or informal, incentive
      compensation or bonus plans, excluding, however, any payments under stock-based
      option or award plans; provided, however, that, for purposes of calculating
      Average Earnings any portion of a Bonus, the payment of which is deferred at
      the
      election of the Participant, shall be treated as paid in equal monthly
      installments during the fiscal year or portion thereof with respect to which
      the
      Bonus was awarded, notwithstanding such elected deferral, and payment of the
      deferred portion shall be disregarded for purposes of calculating Average
      Earnings. "Bonus or "Bonuses" shall not include any bonus, commission or fee
      paid to a Participant for the accomplishment of a particular non-ordinary
      achievement, transaction, or circumstance as determined by the Committee prior
      to or at the time of the award thereof.

    

    Notwithstanding
      the foregoing, the following additional provisions shall be applicable to the
      definition of "Bonus" or "Bonuses" in the case of an award or awards made under
      the UNOVA, Inc. Management Incentive Compensation Plan or any other annual
      incentive plan which provides that a portion of an annual award shall be
      deposited in a so-called "Bonus Bank" and shall remain "at risk." The Bonus,
      in
      such case, shall comprise only
      the
      portion of the annual award which is paid to the Participant on a current basis
      and shall not
      include
      any amount of the award required to be deposited to a Bonus Bank; however,
      the
      Bonus shall also include any amount paid to the Participant as a periodic
      payment from the Bonus Bank during the year with respect to which the amount
      was
      made (but shall not include any payment from the Bonus Bank made solely as
      a
      result of termination of employment).

    

    Section
      2.8 "Business
      Combination"
      shall
      have the meaning specified in Section 2.9(c).

    

    Section
      2.9 "Change
      of Control"
      shall
      mean:

    

    (a).
       An
      acquisition by any individual, entity or group (within the meaning of Section
      13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended [the
      "Exchange Act"] (a "Person") of beneficial ownership (within the meaning of
      Rule
      13d-3 promulgated under the Exchange Act) of 30 percent or more of either (1)
      the then outstanding shares of common stock of the Company (the "Outstanding
      Company Common Stock") or (2) the combined voting power of the then outstanding
      voting securities of the Company entitled to vote generally in the election
      of
      directors (the "Outstanding Company Voting Securities"); excluding, however,
      the
      following acquisitions of Outstanding Company Common Stock and Outstanding
      Company Voting Securities: (A) any acquisition directly from the Company other
      than an acquisition by virtue of the exercise of a conversion privilege unless
      the security being so converted was itself acquired directly from the Company;
      (B) any acquisition by the Company; (C) any acquisition by any employee benefit
      plan (or related trust) sponsored or maintained by the Company or any
      corporation controlled by the Company; or (D) any acquisition by any Person
      pursuant to a transaction which complies with clauses (1), (2), and (3) of
      paragraph (c) below of this Section 2.9; or

    

    
      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

    

    

    

    

    (b).
       Individuals
      who, as of the effective date hereof, constitute the Board (the "Incumbent
      Board") cease for any reason to constitute at least a majority of the Board;
      provided, however, that any individual who becomes a member of the Board
      subsequent to the effective date hereof whose election, or nomination for
      election by the Company's shareholders, was approved by a vote of at least
      a
      majority of the directors then comprising the Incumbent Board shall be
      considered as though such individual were a member of the Incumbent Board,
      but
      provided further that any such individual whose initial assumption of office
      occurs as a result of either an actual or threatened election contest (as such
      terms are used in Rule 14a-11 of Regulation 14A promulgated under the Exchange
      Act) or other actual or threatened solicitation of proxies or consents by or
      on
      behalf of a Person other than the Board shall not be so considered as a member
      of the Incumbent Board; or

    

    (c).
       The
      consummation of a reorganization, merger or consolidation or sale or other
      disposition of all or substantially all of the assets of the Company ("Business
      Combination"); excluding, however, such Business Combination pursuant to which:
      (1) all or substantially all of the individuals and entities who are the
      beneficial owners, respectively, of the Outstanding Company Common Stock and
      Outstanding Company Voting Securities immediately prior to such Business
      Combination, will beneficially own, directly or indirectly, more than 60 percent
      of, respectively, the outstanding shares of common stock and the combined voting
      power of the outstanding voting securities entitled to vote generally in the
      election of directors, as the case may be, of the corporation resulting from
      such Business Combination (including, without limitation, a corporation which
      as
      a result of such transaction owns the Company or all or substantially all of
      the
      Company's assets either directly or through one or more subsidiaries) in
      substantially the same proportions as their ownership, immediately prior to
      such
      Business Combination of the Outstanding Company Common Stock and Outstanding
      Company Voting Securities, as the case may be; (2) no Person (other than any
      employee benefit plan (or related trust) sponsored or maintained by the Company
      or any entity controlled by the Company or such corporation resulting from
      such
      Business Combination) will beneficially own, directly or indirectly, 30 percent
      or more of, respectively, the outstanding shares of common stock of the
      corporation resulting from such Business Combination or the combined voting
      power of the outstanding voting securities of such corporation entitled to
      vote
      generally in the election of directors except to the extent that such ownership
      existed with respect to the Company prior to the Business Combination; and
      (3)
      at least a majority of the members of the board of directors of the corporation
      resulting from such Business Combination will have been members of the Incumbent
      Board at the time of the execution of the initial agreement, or of the action
      of
      the Board, providing for such Business Combination; or

    

    (d).
       Consummation
      of a complete liquidation or dissolution of the Company.

    

    Section
      2.10 "Chief
      Executive Officer"
      shall
      mean the chief executive officer of UNOVA, Inc. or of its
      Successor.

    

    Section
      2.11 "Chief
      Financial Officer"
      shall
      mean the chief financial officer of UNOVA, Inc. or of its
      Successor.

    

    Section
      2.12 "Code"
      shall
      mean the Internal Revenue Code of 1986, as amended.

    

    Section
      2.13 "Committee"
      shall
      mean:

    

    (a).
       The
      Compensation Committee of the Board.

    

    
      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

    

    

    

    

    (b).
       Notwithstanding
      Section 2.13(a), upon a Change of Control, the Committee shall mean exclusively
      the "special administrators." The "special administrators" shall be the
      individuals who constituted the Company's Compensation Committee of the Board
      immediately prior to the Change of Control. The "special administrators" shall
      constitute the Committee until the earlier of the termination of the
      Supplemental Plan or the last day of the 18-month period following the month
      in
      which the Change of Control occurred. The "special administrators" shall have
      all rights and authority reserved to the Committee under the Supplemental Plan,
      including, but not limited to, the rights specified in Section
      12.2.

    

    (c).
       If
      a
      "special administrator" dies, becomes disabled, or resigns as "special
      administrator" during the period that the "special administrators" constitute
      the Committee, the remaining "special administrator(s)" shall continue to serve
      as the Committee without interruption, and successor "special administrator(s)"
      shall be designated, and subject to removal, by the individual who was Chief
      Executive Officer immediately prior to the Change of Control from among the
      then
      remaining Participants, but such Chief Executive Officer shall also have the
      right to designate himself or herself as a successor "special administrator"
      but, in the event of the death or disability of such Chief Executive Officer,
      successor "special administrators" shall be designated by that one of the
      remaining "special administrators" who has the greatest seniority in terms
      of
      years of employment with the Company and Western Atlas. No Participant who
      has
      been designated as a "special administrator" shall participate in any decision
      which addresses peculiarly the Benefits of or with respect to such
      Participant.

    

    If
      at any
      time there are no remaining "special administrators," the presiding Judge of
      the
      Superior Court of the State of California for Los Angeles County shall designate
      three "special administrators" from among the remaining Participants upon the
      application of any of the Participants. For purposes of this Section, the term
      "Participant" means a Participant who has satisfied the conditions of Section
      4.1(a)(3) or is a Disabled Participant, or is receiving Retirement
      Benefits.

    

    Section
      2.14 "Company"
      shall
      mean UNOVA, Inc., a Delaware corporation, and its Successors, and their
      respective subsidiaries. Any reference to stock or securities of the Company
      shall mean only the stock or securities of UNOVA, Inc. or of its
      Successor.

    

    Section
      2.15 "Death
      Benefit"
      shall
      mean the benefit payable pursuant to Article V to the Participant's Beneficiary
      or Beneficiaries, if any.

    

    Section
      2.16 "Dependent
      Children"
      shall
      mean a natural or legally adopted son or daughter who either: (a) has not
      attained age 19; or (b) has attained age 19 but has not attained age 23 and
      is a
      full-time student at an accredited educational institution.

    

    Section
      2.17 "Director"
      shall
      mean a member of the Board of Directors of UNOVA, Inc. or of its
      Successor.

    

    Section
      2.18 "Disability"
      or
      "Disabled"
      shall
      mean the condition of a person, or a person, who has been determined by the
      Committee to be unable to perform the material and substantive duties of the
      person's position or profession, to an extent which prevents the person from
      engaging in the person's regular position or profession, due to injury or
      sickness for which the person is receiving medical care from, or with respect
      to
      which a current certification of disability is received by the Committee from,
      a
      professional person appropriate for such injury or sickness.

    

    Section
      2.19 "Disability
      Benefit"
      shall
      mean the benefit payable pursuant to Article VI to an Active Participant who
      becomes Disabled.

    

    
      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

    

    

    

    

    Section
      2.20 "Distribution
      Date"
      shall
      mean the date determined by the Board of Directors of Western Atlas on which
      the
      shares of the Company are distributed by Western Atlas to the holders of Western
      Atlas common stock.

    

    Section
      2.21 "Employee
      Benefits Agreement"
      shall
      have the meaning specified in Section 2.3(c).

    

    Section
      2.22 "ERISA"
      shall
      have the meaning specified in Article I.

    

    Section
      2.23 "Exchange
      Act"
      shall
      have the meaning specified in Section 2.9(a).

    

    Section
      2.24 "Litton"
      shall
      mean Litton Industries, Inc., a Delaware corporation, and its subsidiaries
      at
      the time in question.

    

    Section
      2.25 "Leave
      of Absence,"
      with
      respect to a person who has been designated a Participant, shall mean and refer
      to a discontinuance of regular, full-time services by the person for the Company
      resulting in the discontinuance, in whole or in part, of base salary payments
      by
      the Company to such person during such discontinuance of service, provided,
      however, that, to the extent federal or state so-called "Family Leave Acts"
      or
      "Maternity or Pregnancy Leave Acts" may make unlawful the treatment of an
      absence or a portion of an absence as a termination for purposes of the
      Supplemental Plan, such absence or portion shall not constitute a Leave of
      Absence.

    

    Section
      2.26 "Normal
      Form"
      shall
      mean the form of Retirement Benefit payable under Section 4.5 to a Retired
      Participant.

    

    Section
      2.27 "Offset
      Amount"
      shall
      mean the sum of the annual "primary insurance amount" and the annual
      "Company-provided pension."

    

    (a).
       The
      "primary insurance amount" shall mean the annual benefit determined under the
      Social Security Act that is payable to the Participant as of the calendar year
      that Retirement Benefits to the Participant, if any, would commence under this
      Supplemental Plan. If no "primary insurance amount" is payable to a Participant,
      who is otherwise covered by the Social Security Act, as of the calendar year
      in
      which Retirement Benefit commences to the Participant, if any, would commence
      under the Supplemental Plan, then the "primary insurance amount" shall be deemed
      to be the "primary insurance amount" that would be payable to the Participant
      at
      the earliest date thereafter (or would have been payable at the earliest date
      thereafter, in the case of a deceased Participant); provided, however, that
      the
      amount payable under the Social Security Act shall be determined without regard
      to any election by the Participant or a Beneficiary to defer receipt of a
      benefit and without regard to any reduction of the amount of the Social Security
      Act benefit by virtue of the receipt of earned income by the Participant or
      a
      Beneficiary. The "primary insurance amount" shall also include any annual
      retirement benefit payable under any public retirement program of a foreign
      country that the Committee determines is comparable in purpose to the benefits
      payable under the Social Security Act.

    

    
      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

    

    

    

    (b).
       The
      "Company-provided pension" shall mean the annual amount that would be payable
      to
      a Participant under any defined benefit or defined contribution plan sponsored
      by the Company, which is either intended to qualify under Section 401(a) of
      the
      Code or is intended to restore benefits under such plan (excluding only this
      Supplemental Plan and Part II of the UNOVA, Inc. or Western Atlas Inc. FSSP
      and
      Restoration Plan) assuming for purposes of calculating such annual amount that
      the Participant withdrew his or her actual contributions, if any, and earnings
      thereon. Any non-United States defined benefit or defined contribution plan
      of
      the Company which is not subject to the Code but which is comparable in purpose
      to plans which would qualify under Section 401(a) of the Code shall be included
      within the meaning of "Company-provided pension." Annual amounts payable under
      any retirement plans of a Participant's former employer, assuming for purposes
      of calculating such annual amount that the Participant withdrew his or her
      actual contributions, if any, and earnings thereon, shall be included in the
      calculations of the "Company-provided pension," if such former employer, or
      substantially all of such former employer's assets, have been acquired by the
      Company and the Participant's service with such former employer are included
      in
      the calculation of "Years of Service"; provided, however, that amounts payable
      under the Landis Tool Savings Plan shall not be included in the calculation
      of
      "Company-provided pension"; and provided further, however, that amounts payable
      under the Intermec Canada Savings Plan, to the extent attributable to Company
      contributions or Company matching amounts, shall be included in the calculation
      of "Company-provided pensions." The amount of the "Company-provided pension"
      shall be deemed to be the amount which would have been payable if the
      Participant joined each such plan at the earliest date on which the Participant
      was eligible to join such plan and participated in the plan to the fullest
      extent possible and withdrew his or her actual and presumed contributions,
      plus
      income thereon. The amount of the "Company-provided pension" shall be calculated
      under the terms that were in effect during the Participant's actual, if any,
      and
      presumed participation, except that a subsequent, retroactive amendment to
      any
      of such plans shall be taken into account only to the extent that it actually
      would have increased the Participant's benefit under that plan. The
      "Company-provided pension" shall be computed as if the Participant actually
      received the plan benefits under such "Company-provided pension" as a single
      life annuity beginning on the date that Retirement Benefits commence under
      this
      Supplemental Plan.

    

    Section
      2.28 "Outstanding
      Company Common Stock"
      and
      "Outstanding
      Company Voting Securities"
      shall
      have the meanings specified for those items in Section 2.9(a).

    

    Section
      2.29 "Participant"
      shall
      mean a person who has been designated as a Participant in the Supplemental
      Plan
      pursuant to Article III and who is either an Active Participant, a Disabled
      Participant, a Retired Participant, a former Active Participant who has
      satisfied the condition of Section 4.1(a)(3), or a Participant who died while
      an
      Active Participant.

    

    Section
      2.30 "Person"
      shall
      have the meaning specified in Section 2.9(a).

    

    Section
      2.31 "Qualified
      Plan"
      shall
      have the meaning specified in Section 2.2.

    

    Section
      2.32 "Retired
      Participant"
      shall
      mean a Participant who has terminated from employment with the Company, and
      who
      has satisfied the conditions of Section 4.1.

    

    Section
      2.33 "Retirement
      Benefit"
      shall
      mean the benefits payable to a Retired Participant and, if applicable, the
      Beneficiary of a Retired Participant, as provided in Article IV.

    

    Section
      2.34 "Special
      Administrators"
      shall
      have the meaning specified in Section 2.13(b).

    

    Section
      2.35 "Successor"
      or
      "Successors"
      shall
      have the meaning specified in Section 2.6.

    

    
      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

    

    

    

    Section
      2.36 "Supplemental
      Plan"
      shall
      mean the UNOVA, Inc. Supplemental Executive Retirement Plan that is described
      in
      this document, as amended from time to time, and including any rules and
      regulations promulgated by the Committee for purposes of administering the
      Supplemental Plan.

    

    Section
      2.37 "Trust"
      shall
      mean a grantor trust under Section 671 through 679 of the Code, if and when
      established. The decision to establish a Trust shall be in the sole and absolute
      discretion of the Company.

    

    Section
      2.38 "Trustee"
      shall
      mean the trustee of the Trust.

    

    Section
      2.39 "Trust
      Agreement"
      shall
      mean the terms of the agreement, entered into between UNOVA, Inc. or its
      Successor and the Trustee, that establishes the Trust.

    

    Section
      2.40 "Western
      Atlas"
      shall
      mean Western Atlas Inc. and its subsidiaries and affiliates.

    

    Section
      2.41 "Western
      Atlas Plan"
      shall
      mean the Western Atlas Inc. Supplemental Executive Retirement Plan, as in effect
      immediately prior to the Distribution Date.

    

    Section
      2.42 "Years
      of Service"
      shall
      mean the number resulting from:

    

    (a).
       The
      division of twelve into the number of consecutive and continuous calendar months
      of employment with the Company (and with an employer, all or substantially
      all
      of the assets of which were acquired by the Company only to the extent the
      Participant was employed by the employer at the date of the acquisition of
      the
      employer) that elapse from and including the month that an Active Participant
      commenced the period of employment with the Company (or such employer) and
      which
      ends: (1) upon the Active Participant's death; or (2) upon termination of an
      Active Participant's employment with the Company other than by death, until
      and
      including the earlier of the month of such death or termination; provided,
      however, that such calculation shall not include any calendar months of
      employment with the Company in any separate period of employment with the
      Company preceding the most recent and continuous employment with the Company,
      and provided, further, that an Active Participant who dies or becomes Disabled
      shall continue to accrue Years of Service from the date of such death or
      Disability until the earlier of the calendar month (x) in which such person
      attains or, if deceased, would have attained age 65, or (y) in which such
      Participant is no longer Disabled.

    

    (b).
       For
      purposes of determining a Participant's Years of Service under the terms of
      Section 2.42(a), service with Western Atlas immediately preceding the period
      of
      service with the Company referred to in Section 2.42(a) which ends upon the
      Active Participant's death, or which ends upon an Active Participant's
      termination of employment with the Company other than by death, shall be taken
      into account, provided that the Participant's benefits under the Western Atlas
      retirement plans were transferred to UNOVA, Inc. pursuant to the Employee
      Benefits Agreement. In addition, service with Litton immediately preceding
      the
      period of service with Western Atlas which ends upon the Active Participant's
      death, or which ends upon an Active Participant's termination of employment
      with
      the Company other than by death, shall be taken into account, provided that
      the
      Participant's benefits under the Litton retirement plans were transferred to
      Western Atlas Inc.

    

    (c).
       In
      its
      discretion, the Committee may: (1) compute a Participant's Years of Service
      by
      treating separate but not continuous periods of employment with Litton, Western
      Atlas or the Company as continuous periods of employment; (2) credit a
      Participant with Years of Service in addition to the Years of Service accrued
      while actually employed with Litton, Western Atlas or the Company; and (3)
      credit a Participant for Years of Service solely for purposes of satisfying
      the
      vesting requirements of Sections 4.3.

    

    
      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

    

    

    

    

    (d).
       For
      purposes of calculating a lump sum payment pursuant to Section 4.1(d) in the
      event of a Change of Control, with respect to a person (other than a Disabled
      or
      deceased Participant) who is an Active Participant, Years of Service shall
      be
      determined as if the person's employment with the Company ended on such date
      or
      such later date on which a Participant’s employment could be terminated by the
      Company without cause under a Change of Control Agreement.

    

    Article
      III—Participation

    

    Section
      3.1 General.
      Participation in the Supplemental Plan is limited solely to key employees of
      the
      Company who are designated by the Committee or the Board, after nomination
      by
      the Chief Executive Officer. A key employee shall not be disqualified from
      becoming an Active Participant solely because the key employee is also a
      Director.

    

    Section
      3.2 Entry
      and Continuing Participation.
      A key
      employee shall become an Active Participant as of the date specified by the
      Committee. A key employee who is designated as an Active Participant shall
      continue to be an Active Participant until termination of employment with the
      Company, except as provided in Section 2.1 with respect to Disabled or deceased
      Participants.

    

    Article
      IV—Retirement Benefits

    

    Section
      4.1 Eligibility
      for Retirement Benefit.

    

    (a). General.
      A
      Participant shall be eligible to begin receiving a Retirement Benefit if the
      Participant has (1) either attained age 65 or satisfied the conditions in
      Section 4.1(b) or (c) below; (2) filed an election to receive payments under
      Article VII; (3) satisfied the vesting requirement of Section 4.3; (4)
      terminated employment with the Company; and, (5) except for a Participant whose
      employment with the Company is terminated in connection with a Change of
      Control, the Participant agrees that for a period of five years after
      commencement of receipt of Retirement Benefits under this Supplemental Plan,
      not
      to engage in any activity which interferes with the economic or business
      interests, or contractual relationships of UNOVA, Inc. or its Successors or
      of
      any of its subsidiaries or affiliates with third parties in connection with
      which the Participant worked for UNOVA, or its subsidiaries or affiliates or
      to
      perform services for any entity in competition with a business of UNOVA, Inc.
      or
      of its subsidiaries or affiliates for which the Participant worked and with
      respect to which the Participant possesses trade secrets or business
      confidential information of UNOVA, or of its subsidiaries or affiliates. In
      the
      event that any provision of the covenant provided for in (5) immediately above
      shall be held invalid or unenforceable by a Court of competent jurisdiction
      by
      reason of the geographic or business matter scope, or the duration thereof,
      such
      invalidity or unenforceability shall attach only to such provisions and shall
      not affect or render invalid or unenforceable any other provision of the
      Supplemental Plan, and this Supplemental Plan shall be construed as if the
      geographic or subject matter scope, or the duration thereof, had been more
      narrowly drafted so as not to be invalid or unenforceable.

    

    (b). Retirement
      Benefits at Age 62.
      A
      Participant who has attained age 62, but not yet attained age 65, and who has
      satisfied the conditions of Section 4.1(a)(2), (3) and (4), and agrees to the
      covenant provided for in Section 4.1(a)(5), shall be eligible to begin receiving
      the Actuarial Equivalent, based upon the Participant's age (below 65) and the
      age of Participant's spouse, if applicable, at which the Participant commences
      receiving the Retirement Benefit, of the Retirement Benefit payable at age
      65.

    

    
      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

    

    

    

    (c).
       Retirement
      Benefits Prior to Age 62.
      A
      Participant shall not be entitled to begin receiving a Retirement Benefit prior
      to attainment of age 62, except in the sole and absolute discretion of the
      Committee, and subject to such terms and conditions, including the imposition
      of
      Retirement Benefit reductions, that the Committee may specify.

    

    (d). Change
      of Control.
      Except
      as otherwise provided in any Change of Control Agreement between the Company
      and
      a Participant, an Active Participant and a Participant who has satisfied the
      conditions of Section 4.1(a)(3) and (4) shall be entitled to a lump sum payment
      equal to the Actuarial Equivalent, at the age of such Participant at the date
      of
      the Change of Control, of the Retirement Benefit which would be payable to
      such
      Participant at the later of age 65 or, if the Active Participant continued
      in
      employment with the Company after attaining age 65 (or would have been entitled
      to continue employment under a Change of Control Agreement), at the earlier
      of
      the age at which such employment ended (or could have been terminated by the
      Company without cause under the terms of a Change of Control Agreement) or
      at
      the age of such Participant at the date of such Change of Control, which has
      been earned by the Participant to the date of Change of Control assuming, for
      such purposes, that the Retirement Benefit is payable in the form of a single
      life annuity. In addition, there shall be waived any condition concerning
      eligibility for payment of a Retirement Benefit that requires: (1) the filing
      of
      any election; (2) the attainment of a specified age; (3) an agreement not to
      engage in competitive activities with the Company; (4) satisfaction, as to
      such
      Active Participant, of the conditions of Section 4.1(a)(3) or of any other
      terms
      or conditions or the application of any benefit reductions described in Section
      4.1(b) or (c); and (5) as to such Active Participant, termination of employment
      with the Company, in order to begin receiving Retirement Benefits. "Change
      of
      Control Agreement" means any agreement between the Company and the Participant
      which provides for the employment of the Participant and/or payment to the
      Participant upon or following a Change of Control.

    

    Section
      4.2 Retirement
      Benefit Formula.
      A
      Participant's annual Retirement Benefit shall be the Actuarial Equivalent of
      the
      amount calculated under the formula: [(A + B) x C] - D = Retirement Benefit,
      where:

    

    (a).
       "A"
      is
      Average Earnings up to the Base Compensation Amount multiplied by 1.6
      percent;

    

    (b).
       "B"
      is
      Average Earnings in excess of the Base Compensation Amount multiplied by 2.2
      percent;

    

    (c).
       "C"
      is
      Years of Service not in excess of 25; and

    

    (d). "D"
      is
      the Offset Amount.

    

    Section
      4.3 Vesting
      in Retirement Benefit.
      A
      Participant shall have no vested right to a Retirement Benefit prior to the
      later of attaining: (1) age 60 while an Active Participant; or (2) 15 Years
      of
      Service. Upon a Change of Control and thereafter, an Active Participant shall
      be
      vested in his or her Retirement Benefit regardless of Years of Service or
      age.

    

    Section
      4.4 Retirement
      Benefit Forms.

    

    (a).
       General
      Rule.
      Unless
      a Participant had made an election to receive payment of Retirement Benefits
      in
      an available alternative form, a Participant shall be deemed to have elected
      the
      Normal Form.

    

    
      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

    

    

    

    

    (b). Actuarial
      Equivalent.
      All
      forms of payment of Retirement Benefits shall be the Actuarial Equivalent of
      a
      single life annuity payable at age 65, except that, in the case of an Active
      Participant who remains in continuous employment with the Company after
      attaining age 65, the amount of the benefit shall be actuarially increased
      to
      reflect the commencement of the benefit after age 65.

    

    Section
      4.5 Normal
      Form of Retirement Benefit.

    

    (a). Single
      Life Annuity.
      The
      Normal Form of payment of a Retirement Benefit for a Participant who is living
      at the time payment commences shall be a single life annuity for a Participant
      who is unmarried at the time that payment of the annual Retirement Benefit
      commences. Under a single life annuity, a Retired Participant shall receive
      a
      monthly benefit for life equal to the Actuarial Equivalent of 1/12 of his or
      her
      Retirement Benefit and all payments shall cease upon the Retired Participant's
      death.

    

    (b). Joint
      and Survivor Annuity.
      If a
      Participant is married at the time that payment of the Retirement Benefit
      commences, the Normal Form of Retirement Benefit shall be a joint and survivor
      annuity (which shall be the Actuarial Equivalent of a single life annuity)
      for
      the benefit of the Participant's spouse as of the date that payment of the
      Retirement Benefit commences. Under the Normal Form of a joint and survivor
      annuity, a Participant shall receive a monthly benefit for life and, upon the
      Participant's death, the spouse, if living, shall receive a monthly benefit
      for
      life equal to 100% of the monthly benefit that was payable to the Participant.
      If a Participant, who has satisfied the conditions of Section 4.1(a)(3)
      (including consideration of Years of Service accrued for Disabled or deceased
      Participants pursuant to Section 2.1), dies prior to the commencement of the
      payment of Retirement Benefits, and was married at the date of death, the spouse
      Beneficiary of such Participant shall have the right to a survivor Retirement
      Benefit, commencing at the date such Participant would have attained age 65,
      if
      the Participant died prior to attaining age 65, or commencing on the first
      day
      of the month following the month in which the Participant died if the
      Participant continued in continuous employment with the Company after attaining
      age 65 and until the date of Participant's death, calculated under Section
      4.2
      as if the Participant had survived to such entitlement date and begun receiving
      payment of the Retirement Benefit at such entitlement date as a joint and 100%
      survivor annuity and then died on the following date.

    

    Section
      4.6 Alternative
      Forms of Benefit.

    

    (a). Election
      of Forms of Benefit.
      Prior
      to the commencement of payment of a Retirement Benefit, a Participant may file
      an election designating a payment form other than the Normal Form of Retirement
      Benefit; provided, however, that any such alternate payment form is a payment
      form available under the Qualified Plan and, if such Participant is entitled
      to
      a benefit under such Qualified Plan, is the same as the payment form elected
      under such Qualified Plan. If a Participant is married, an election to receive
      a
      Retirement Benefit in a form other than the Normal Form shall be valid only
      if
      such election includes the written consent of the Participant's spouse in the
      form and manner specified by the Committee. However, a joint and survivor
      annuity shall not be available under this Supplemental Plan with respect to
      any
      Beneficiary other than the spouse of the Participant as of the date that the
      Retirement Benefit commences.

    

    (b).
       Additional
      Forms of Benefit.
      From
      time to time, the Committee may, in its sole discretion, make other forms of
      payment of Retirement Benefits available; provided, however, that once a
      Participant or the Participant's Beneficiary begins receiving Retirement Benefit
      payments, no change may be made in the form of payment except as provided for
      in
      Section 4.6(c) below.

    

    
      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

    

    

    

    (c).
       Form
      of Benefit on Change of Control.
      Notwithstanding the other provisions of this Section, upon a Change of Control,
      all Retirement Benefits including, without limitation, benefits payable to
      Active Participants who remain employed by the Company, shall be paid in the
      manner set forth in Section 4.1(d).

    

    Article
      V—Benefits Upon Participant's Death

    

    Section
      5. 1 Eligibility
      for Death Benefit.
      The
      Beneficiary or Beneficiaries of an Active or Disabled Participant who dies
      prior
      to attaining age 65 and prior to the time Retirement Benefits to such
      Participant commence, shall be eligible to begin receiving a Death Benefit
      if
      the Beneficiary or Beneficiaries have filed a claim under Article VII. The
      Beneficiary or Beneficiaries of a Participant who is not a Disabled Participant
      and whose employment with the Company terminated prior to that Participant's
      death shall not be eligible for a Death Benefit. If there are no Beneficiaries
      at the date of the Participant's death, no Death Benefit shall be payable.
      The
      class of individuals who are eligible to be Beneficiaries of the Death Benefit
      is limited to the Participant's spouse, as of the date of the Participant's
      death, and the Participant's Dependent Children as of the date of Participant's
      death; provided, however, that such term also shall include any natural children
      of Participant born after Participant's death and any child who is in the
      process of being adopted by the Participant at the date of Participant's death
      and the adoption of whom is completed by the spouse of Participant after the
      date of Participant's death. If there is both a living spouse and Dependent
      Children as of the date of Participant's death, the Beneficiary shall be the
      spouse. The Dependent Children shall become the Beneficiaries of the Death
      Benefit, but only upon the death of Participant's spouse prior to the earlier
      of
      the date the Participant would have attained age 65, or the date the
      Participant's spouse commences to receive a Retirement Benefit.

    

    Section
      5.2 Death
      Benefit.

    

    (a). Spousal
      Benefit.
      The
      Death Benefit for the surviving spouse of an Active or Disabled Participant
      shall be an annual amount equal to 40% of the Participant's Average Earnings.
      The spouse Beneficiary shall receive the Death Benefit as a monthly benefit
      equal to 1/12 of the Death Benefit. The Death Benefit for the spouse Beneficiary
      shall cease on the earlier of: (1) the death of the spouse Beneficiary; or
      (2)
      the date at which the Participant would have attained age 65.

    

    (b). Dependent
      Children Benefit.
      If a
      spouse Beneficiary of a deceased Participant dies prior to the date at which
      the
      Participant would have attained age 65, then a Death Benefit shall be paid
      to
      any then Dependent Children for so long as any such remain Dependent Children.
      The aggregate amount of any Death Benefit payable to Dependent Children after
      the death of the spouse for each month is the amount equal to the monthly Death
      Benefit that would be payable to a spouse Beneficiary multiplied by a fraction
      (not greater than one), the numerator of which is the number of Dependent
      Children at the time of each monthly payment and the denominator of which is
      three. If there are no remaining living Dependent Children Beneficiaries, no
      further Death Benefit shall be paid.

    

    (c). Vesting
      in Death Benefit.
      An
      Active or Disabled Participant shall at all times be vested in his or her right
      to a Death Benefit.

    

    Section
      5.3 Spouse
      Retirement Benefit.
      To the
      extent that a spouse Beneficiary is receiving a Death Benefit on the date the
      Participant would have attained age 65, the spouse Beneficiary thereafter shall
      receive a Retirement Benefit pursuant to Article IV, if eligible, in the amount
      calculated pursuant to Article IV, and no further Death Benefit payments shall
      be payable to the spouse Beneficiary or to any Dependent Children Beneficiaries
      or otherwise.

    

    
      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

    

    

    

    Section
      5.4 Change
      of Control.
      Upon a
      Change of Control, after the Participant's death but prior to the date the
      Participant would have attained age 65, the Participant's spouse, if then living
      and if otherwise eligible, shall receive a single sum payment that is the
      Actuarial Equivalent, at the date of such lump sum payment, of the Death
      Benefit, calculated through the date that Participant would have attained age
      65. The spouse Beneficiary, if then living, shall also be entitled to the lump
      sum payment of the Retirement Benefit, if any, pursuant to Section 4.1(d).
      Upon
      a Change of Control occurring after commencement of the payment of Death
      Benefits to the Dependent Children Beneficiaries pursuant to Section 5.2(b),
      the
      Dependent Children shall receive a single sum payment that is the Actuarial
      Equivalent, based upon the ages of the Dependent Children, of the Death Benefit
      calculated without regard to the date the Participant would have attained age
      65.

    

    Article
      VI—Benefits of Disabled Participants

    

    Section
      6.1 Eligibility
      for Disability Benefit.
      An
      Active Participant who becomes Disabled prior to attaining age 65 shall be
      eligible to begin receiving a Disability Benefit if the Disabled Participant
      has
      filed a claim under Article VII. The Disability Benefit shall cease on the
      earlier of: (1) the first day of the calendar month following the Disabled
      Participant's attainment of age 65; (2) the date on which the Committee
      determines that the Participant is no longer Disabled; or (3) the date of the
      Disabled Participant's death (in which case a Death Benefit may be payable
      under
      Article V).

    

    Section
      6.2 Disability
      Formula.
      A
      Disability Benefit shall be a monthly amount equal to 1/12 of 40% of the
      Participant's Average Earnings, offset by the sum of: (a) any other payment
      to
      the Disabled Participant that would be made by or on behalf of the Company
      on
      account of the Disability (including, without limitation, a Company-sponsored
      disability insurance plan or any other benefit plan of the Company, any amounts
      payable as sick pay, and any amounts payable under so-called Workers
      Compensation Acts or similar laws of foreign governments other than lump sum
      amounts for the loss of an organ or other body member and other than amounts
      paid for medical expenses), calculated as if the Participant participated to
      the
      fullest extent possible in such disability programs; and (b) the Social Security
      (or comparable foreign government) disability benefits received by the Disabled
      Participant. For purposes of determining any offset under the preceding
      sentence, any payments that are not made on a monthly basis shall be converted
      to monthly payments under a methodology approved by the Committee.

    

    Section
      6.3 Vesting
      Disability Benefit.
      An
      Active Participant shall at all times be vested in his or her right to a
      Disability Benefit.

    

    Section
      6.4 Disabled
      Participant's Retirement Benefit.
      If a
      Disabled Participant attains age 65, then he or she may be eligible to receive
      a
      Retirement Benefit subject to the rules of Article IV, as if such Disabled
      Participant continued his or her employment until age 65 with Average Earnings
      calculated as provided for in Section 2.3(a).

    

    Article
      VII—Elections, Claims, Commencement of

    Payments
      and Beneficiary Designations

    

    Section
      7.1 General.
      All
      elections to receive benefits under this Supplemental Plan must be made in
      writing to the Committee in the form specified by the Committee and include
      the
      information or documentation that the Committee deems necessary. The Committee,
      in its discretion, may request additional information or reasonable
      documentation from time to time in order to determine whether a Participant
      receiving a Disability Benefit continues to be Disabled, and in order to
      determine whether any Beneficiary who is receiving a Death Benefit is entitled
      hereunder to continue receiving a Death Benefit or the amount
      thereof.

    

    
      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

    

    

    

    

    Section
      7.2 Commencement
      of Payments.
      Payment
      of benefits under this Supplemental Plan shall begin as soon as administratively
      feasible after the Participant (or Beneficiary, if applicable) has provided
      a
      claim for benefits in writing to the Committee, including any supporting
      documentation required by the Committee, and the Committee has determined that
      the Participant (or Beneficiary, if applicable) satisfies the requirements
      for
      payment. Retirement Benefits shall be payable on the later of:

    

    (a) the
      first
      day of the month following the month in which the Participant satisfies all
      of
      the conditions set forth in Section 4.1(a), or

    

    (b) if
      later,
      the first day of the month following the month in which the Participant attains
      the earlier of age 65, or the age, below 65, elected by the Participant pursuant
      to and in accordance with the conditions of Section 4.1(b) or (c);

    

    provided,
      however, that in the event a Participant has satisfied the conditions of Section
      4.1(a)(1), (3) and (4) in or as of a particular month (the "Termination Month")
      and satisfies the conditions of Section 4.1(a)(2) and (5) (effective as of
      the
      date of termination of employment) either subsequently or contemporaneously
      with
      the Termination Month, and provided that the Participant has attained during
      the
      Termination Month age 65 or an age less than 65 but 62 or older, or an age
      less
      than 62 with respect to which the Committee has approved retirement pursuant
      to
      Section 4.1(c), Retirement Benefits shall be payable to the Participant as
      of
      the first day of the month following the Termination Month and, in the case
      of
      retirement pursuant to Section 4.1(c), on such terms and conditions as specified
      by the Committee. Disability and Death Benefits shall be payable from the first
      day of the month following the month in which the Participant becomes disabled
      or dies, as the case may be. In the event of any administrative delay in actual
      payments, payments shall be made retroactively to the first day of the month
      following the month in which the event which is the basis for the payment occurs
      but without any payment of interest or other compensation for such delay in
      payment. Notwithstanding any provision of the Supplemental Plan, upon a Change
      of Control the Committee may, in its sole discretion, determine to postpone
      the
      lump sum payment of Retirement, Death and Disability Benefits payable upon
      a
      Change of Control, in which case such Benefit payments shall be made as
      otherwise provided in the Supplemental Plan, without regard to the Change of
      Control. In the event the Committee later determines, in its sole discretion,
      to
      effect such a lump sum payment of the remainder of such Benefits, it shall
      have
      the power and authority to do so.

    

    Section
      7.3 Form
      of Benefit Elections.
      An
      election to receive payment of Retirement Benefits in a form other than the
      Normal Form must be submitted to the Committee in writing at any time prior
      to
      the commencement of payments. An election must be made in the form specified
      by
      the Committee and include the information or documentation that the Committee
      deems necessary, including written consent of the spouse in the case of a
      married Participant who elects a Retirement Benefit in a form other than the
      Normal Form. The filing of an election as to the form of Retirement Benefits
      shall revoke any pre-existing election, except that a revocation of an election
      for a married Participant shall be valid only if accompanied by the spouse's
      written consent to the subsequent election (other than a subsequent election
      to
      receive payments in the Normal Form), and except that once Retirement Benefits
      have commenced under this Supplemental Plan, the form of the Retirement Benefit
      payable is irrevocable.

    

    Section
      7.4 Beneficiaries.
      If the
      Committee makes available alternative benefit forms that provide for payments
      after a Participant's death, the Participant shall designate the Beneficiary
      under such payment form in accordance with the procedures set forth by the
      Committee.

    

    
      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

    

    

    

    Section
      7.5 Failure
      to Claim.
      If a
      Participant whose employment with the Company terminated on or before attaining
      age 65 fails to claim payment of Retirement Benefits until after such
      Participant attains age 65, the Retirement Benefits payable to or with respect
      to such Participant shall be the monthly amount which would have been payable
      to
      such Participant at age 65, and such Participant shall be entitled to receive
      Retirement Benefit payments retroactive to the month such payments would have
      first accrued following attainment of age 65, but without interest or other
      payment on account of such deferred receipt. Similarly, if a Participant remains
      employed by the Company after attaining age 65 but, upon termination of
      employment by the Company after attaining age 65, fails to claim payment of
      Retirement Benefits until a date after such termination of employment, the
      Retirement Benefits payable to or with respect to such person shall,
      nevertheless, be the monthly amount which would have been payable to such person
      upon termination of employment with the Company, and such Participant shall
      be
      entitled to receive Retirement Benefit payments retroactive to the month such
      payments would have first accrued following termination of employment, but
      without interest or other payment on account of such deferred payment.
      Participants do not have the right to defer payment of Retirement Benefits
      beyond the date Participants are otherwise eligible to begin receiving
      Retirement Benefits.

    

    Article
      VIII—Administration

    

    The
      Committee shall administer the Supplemental Plan in accordance with its terms
      and purposes. The Committee shall have full authority and discretion to
      interpret the Supplemental Plan, to determine benefits pursuant to the terms
      of
      the Supplemental Plan, to establish rules and procedures necessary to carry
      out
      the terms of the Supplemental Plan, and to waive or modify any requirements
      or
      conditions on the receipt or calculation of benefits under the Supplemental
      Plan
      where the Committee determines that such a waiver or modification is
      appropriate. In the event a Participant is or was also a participant in a
      similar supplemental retirement plan for highly-compensated employees within
      the
      meaning of Sections 201(2), 301(a), and 401(a)(1) of Title I of ERISA and
      maintained by UNOVA, Inc. or one of its subsidiaries or affiliates or Western
      (a
      "Subsidiary Plan"), the Committee shall have the power and authority to modify
      and integrate the benefits payable under this Supplemental Plan with the
      benefits payable under the Subsidiary Plan. All decisions by the Committee
      shall
      be final and binding on all parties. The Committee may appoint one or more
      officers or employees of the Company to act on the Committee's behalf with
      respect to administrative matters related to the Supplemental Plan.

    

    Article
      IX—Source of Payments

    

    Section
      9.1 General
      Assets of Company.
      Benefits payable under this Supplemental Plan shall be paid directly to the
      Participant, or to the Participant's Beneficiary, as applicable, from the
      general assets of the Company, including the assets of the grantor Trust to
      the
      extent that such a trust is created and so provides. If any person acquires
      a
      right to receive payments from the Company under this Supplemental Plan, such
      right shall be no greater than the right of any unsecured general creditor
      of
      the Company notwithstanding the fact that the Company may establish an advance
      accrual reserve on its books against its future liability under the Supplemental
      Plan. 

    

    
      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

    

    

    

    Article
      X—Claims and Enforcement

    

    Section
      10.1 Administrative
      Procedures.

    

    (a).
       Notice
      of Denial.
      If the
      Committee determines that any person who has submitted a claim for payment
      of
      benefits under this Supplemental Plan is not eligible for payment of benefits
      or, if applicable, is not eligible for payment of benefits in the form or amount
      requested, then the Committee shall, within a reasonable period of time, but
      no
      later than 90 days after receipt of the written claim, notify the claimant
      of
      the denial of the claim. Such notice of denial: (1) shall be in writing; (2)
      shall be written in a manner calculated to be understood by the claimant; and
      (3) shall contain: (A) the specific reason or reasons for denial of the claim;
      (B) a specific reference to the pertinent Supplemental Plan provisions or
      administrative rules and regulations upon which the denial is based; (C) a
      description of any additional material or information necessary for the claimant
      to perfect the claim; and (D) an explanation of the Supplemental Plan's appeal
      procedures.

    

    (b).
       Reconsideration
      Procedures.
      Within
      90 days of the receipt by the claimant of the written notice of denial of the
      claim, the claimant may file a written request with the Committee that it
      conduct a full and fair review of the denial of the claimant's claim for
      benefits. The claimant's written request must include a statement of the grounds
      on which the claimant appeals the original claim denial. The Committee shall
      deliver to the claimant a written decision on the claim promptly, but not later
      than 60 days after the receipt of the claimant's request for review, except
      that
      if there are special circumstances that require an extension of time for
      processing, the 60-day period shall be extended to 120 days, in which case
      written notice of the extension shall be furnished to the claimant prior to
      the
      end of the 60-day period.

    

    Section
      10.2 Enforcement.

    

    (a). Right
      to Enforce.
      Within
      90 days after exhaustion of the review and appeal procedures provided for in
      Section 10.1 or, if the Committee fails to grant or deny the claim within 120
      days after the claimant's original claim or fails to provide the written
      decision of the Committee on any written request for reconsideration within
      the
      time period in Section 10.1(b), within 90 days after such failure, the Company's
      obligations under the Supplemental Plan may be enforced only through binding
      arbitration as provided for hereinafter, initiated by any Participant or, upon
      the death of a Participant, by any Participant's surviving spouse, Dependent
      Child, or personal representative (as the case may be, the
      "Claimant").

    

    (b). Attorneys'
      Fees and Costs.
      If,
      prior to a Change of Control, any Claimant is denied a claim, in whole or in
      part, for benefits under the Supplemental Plan and the Claimant requests
      reconsideration under the procedures described in Section 10.1(b), or initiates
      any other legal proceeding (other than binding arbitration pursuant to the
      following provisions of this Article X) with respect to such alleged claim,
      the
      Company shall have no obligation to pay or reimburse the Claimant for attorneys'
      fees and costs. If, on or after a Change of Control, any Claimant is denied
      a
      claim for benefits under the Supplemental Plan and the Claimant has requested
      reconsideration under the procedures described in Section 10.1(b), or initiates
      binding arbitration or both reconsideration and binding arbitration, to enforce
      any obligation of the Company under the Supplemental Plan the basis of which
      is
      alleged failure of the Committee to administer the Supplemental Plan in
      accordance with its terms or, if following a Change of Control, the Company
      fails to make payment of Benefits as determined by the Committee, the Company
      shall pay such Claimant's attorneys' fees and costs incurred in connection
      with
      the review and binding arbitration proceedings, provided that the arbitrator
      determines that the claim is not frivolous; provided, however, that in no case
      shall the Company be liable for attorneys' fees and costs to the extent incurred
      relative to any dispute regarding any determination by the Committee made based
      upon the terms of the 

    

    
      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

    

    

    Supplemental
      Plan. All attorneys' fees and costs payable under this Section 10.2(b) shall
      be
      paid by the Company as they are incurred by the Claimant, but no later than
      30
      days from the date that the Claimant submits a bill or other statement to the
      Company.

    

    (c).
       Interest.
      If any
      Claimant prevails in a reconsideration procedure described in Section 10.1(b),
      or if a Claimant prevails in the binding arbitration proceeding pursuant to
      Section 10.3 to enforce the payment of benefits under the Supplemental Plan,
      the
      Company shall pay interest to the Claimant on any unpaid benefits accruing
      from
      the date that benefit payments should have commenced and continuing until the
      date that such owed and unpaid benefits are paid to the Claimant in full. For
      purposes of the preceding sentence, interest shall accrue at an annual rate
      equal to one percent, plus the prime rate reported by The
      Wall Street Journal as
      in
      effect from time to time, each change in the prime rate to be effective for
      purposes of any interest computation on the date of publication of such changed
      prime rate in The
      Wall Street Journal.

    

    Section
      10.3 Arbitration.
      The
      rights resulting from the designation of a Participant pursuant to Article
      III
      are conditional upon the acceptance by the Participant, on the Participant's
      behalf and on behalf of the Claimants, of all of the terms and conditions of
      this Supplemental Plan including specifically and without limitation this
      Article X. Any controversy or claim arising out of or under the Supplemental
      Plan which is not resolved by the reconsideration referred to in Section 10.1(b)
      shall be settled by arbitration in accordance with the National Rules for the
      Resolution of Employment Disputes of the American Arbitration Association
      ("AAA") or the Employment Arbitration Rules of the Judicial Arbitration and
      Mediation Services/Endispute ("JAMS"), subject to the further provisions of
      this
      Section 10.3. Hereinafter the term "Rules" means and refers to the aforesaid
      AAA
      Rules or the JAMS Rules, as the case may be. Judgment upon the award rendered
      by
      the arbitrator may be rendered in any court having jurisdiction. The Rules
      are
      modified or supplemented as follows:

    

    (a).
       There
      shall be one arbitrator, unless the parties agree to more than one arbitrator;
      

    

    (b).
       The
      arbitrator shall be a retired judge or attorney with professional experience
      and
      expertise in designing or administering corporate retirement benefits and plans,
      and resident in the Southern California area, unless the parties agree
      otherwise;

    

    (c).
       The
      arbitration shall be conducted within Los Angeles County, California, unless
      the
      parties agree otherwise;

    

    (d).
       The
      party
      desiring to initiate the arbitration shall advise the other party in writing
      of
      such desire; 

    

    (e)
       Within
      10
      days of receipt of a notice pursuant to subparagraph (d) above the party
      receiving the notice shall designate either the AAA or JAMS as the arbitration
      agency, but in the event such party fails to designate within such period the
      initiating party shall have the right to designate the AAA or JAMS;

    

    (f).
       All
      claims arising under the Supplemental Plan known or which should be known to
      the
      party initiating the arbitration shall be included in the issues presented
      to
      the AAA or JAMS, as the case may be, for arbitration and any which are not
      included shall be effectively waived;

    

    (g).
       The
      expedited procedures of the AAA or JAMS, as the case may be, shall be applied
      in
      any case where no disclosed claim or counterclaim exceeds the amount then
      established by the AAA or JAMS for use of expedited procedures, exclusive of
      interest and arbitration costs;

    

    
      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

    

    

    

    (h). The
      decision of the arbitrator shall be rendered within 60 days after the close
      of
      hearings;

    

    (i).
       The
      Company and the Claimant shall furnish to the other, 30 days prior to the first
      hearing, a list and identification of all witnesses, and copies of all exhibits
      intended to be submitted by that party. Ten days prior to the first hearing,
      each party shall have the right to supplement their intended list of witnesses
      and provide additional exhibits. Only such witnesses and such exhibits
      identified by one party or the other may be offered in the arbitration hearings;
      and

    

    (j).
       Any
      documents, affidavits or other evidence requested by the arbitrator must be
      submitted within ten days after conclusion of the arbitration hearings, unless
      the arbitrator grants additional time.

    

    Article
      XI—Amendment and Termination

    

    Section
      11.1 Amendment
      and Termination of the Plan.

    

    (a). General.
      Although the Company intends to maintain the Supplemental Plan, the Company
      reserves the right to amend or terminate the Supplemental Plan at any time
      for
      whatever purposes it may deem appropriate, except as specifically limited by
      this Article XI. The Company shall amend, terminate, or suspend the Supplemental
      Plan only by the action of the Board, except that the Committee shall have
      the
      authority to make any amendments that do not decrease the level of benefits
      payable and that it deems necessary for the proper administration of the
      Supplemental Plan.

    

    (b). Automatic
      Termination.
      The
      Supplemental Plan may be terminated or suspended only by authorization of the
      Board, except that the Supplemental Plan shall terminate automatically if there
      are no Active Participants remaining and all Retirement Benefits, Death
      Benefits, and Disability Benefits have been paid.

    

    (c). Protection
      of Benefits.
      No
      amendment, termination, or suspension of the Supplemental Plan shall be
      effective to the extent that it reduces: (1) the Retirement Benefit payable
      to
      any Participant who has satisfied the conditions of Section 4.1(a)(3) and (4)
      immediately prior to such amendment, termination or suspension; or (2)
      Retirement Benefits, Death Benefits or Disability Benefits, which are being
      paid
      immediately prior to such amendment, termination or suspension.

    

    (d). Protection
      of Active Participants.
      No
      amendment, termination, or suspension of the Supplemental Plan shall be
      effective to the extent that it reduces the Retirement Benefits that an Active
      Participant may accrue unless the amendment, termination, or suspension also
      provides that the Active Participant is immediately vested in a Retirement
      Benefit calculated as if the Active Participant terminated employment
      immediately prior to the later of the date that the amendment, termination,
      or
      suspension is enacted or is effective.

    

    (e). Change
      of Control.
      On or
      after a Change of Control, any amendment, termination, or suspension of the
      Supplemental Plan shall be effective only upon the written consent of at least
      eighty-five percent (85%) of all Participants. The preceding sentence shall
      not
      apply to: (1) a termination that occurs under Section 11.1(b); (2) any
      amendment, termination, or suspension that affects the accrual of Retirement
      Benefits and that complies with the terms of Section 11.1(c) and (d); or (3)
      any
      amendment, termination, or suspension of the Supplemental Plan that reduces
      Death or Disability Benefits but that: (i) does not reduce Death or Disability
      Benefit payments that have commenced; and (ii) does not reduce the Death or
      Disability Benefit that an Active Participant is eligible to receive, calculated
      as if he 

    

    
      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

    

    

    or
      she
      died or became Disabled as of the later of the effective date or enactment
      of
      the amendment, termination, or suspension.

    

    Section
      11.2 Contractual
      Obligation.
      The
      Company makes a contractual obligation that any amendment, suspension, or
      termination of the Supplemental Plan shall comply with the terms of Section
      11.1.

    

    Article
      XII—Miscellaneous

    

    Section
      12.1 Employment
      Rights.
      Nothing
      contained in the Supplemental Plan shall be construed as a contract of
      employment between the Company and the Participant, or as a right of any
      employee to be continued in the employment of the Company, or as a limitation
      of
      the right of the Company to discharge any of its employees, with or without
      cause.

    

    Section
      12.2 Rights
      of the Committee.
      To the
      extent permitted by law, the Company shall indemnify the Committee (including
      any officers and employees of the Company appointed to act on behalf of the
      Committee) and hold such individuals harmless from and against any damages,
      losses, costs, and expenses incurred (including, without limitation, expenses
      of
      investigation and the fees and expenses of counsel) in the course of
      administering the Supplemental Plan. The Company shall bear all expenses of
      the
      Committee incurred in the course of administering the Supplemental
      Plan.

    

    Section
      12.3 Benefit
      Statements.
      At
      least annually, the Company shall provide a statement of benefits under the
      Supplemental Plan to all Participants (or Beneficiaries) that includes the
      information necessary to calculate the possible prospective Retirement Benefit,
      Disability Benefit, and Death Benefit with respect to the Participant, based
      upon Participant's compensation through such year.

    

    Section
      12.4 Assignment.
      The
      benefits payable under the Supplemental Plan may not be assigned or
      alienated.

    

    Section
      12.5 Applicable
      Law.
      The
      Supplemental Plan shall be governed by the laws of Delaware except to the extent
      preempted by ERISA.

    

    Section
      12.6 Effective
      Date.
      The
      Supplemental Plan shall take effect as of the Distribution Date.

    

    Section
      12.7 Entire
      Plan.
      This
      writing is the final expression of the Supplemental Plan and a complete and
      exclusive statement of its terms, except that to the extent that this
      Supplemental Plan refers to the Trust, the terms of the Trust Agreement, as
      of
      the date immediately preceding a Change of Control, shall be deemed to be
      incorporated herein.

    

    Section
      12.8 Terms.
      Except
      as required otherwise by the context, capitalized terms that are used in this
      Supplemental Plan shall have the meaning assigned to them in Article II or
      elsewhere in this Supplemental Plan. Feminine or neuter pronouns shall be
      substituted for those of the masculine form and the plural shall be substituted
      for the singular, in any place or places herein where the context may require
      such substitution or substitutions. The title and headings of the Sections
      of
      this Supplemental Plan are for convenience only, and are not intended to be
      a
      part of or to affect the meaning or interpretation of this Supplemental
      Plan.

    

    Section
      12.9 Waiver.
      Any
      waiver of or failure to enforce any provision of this Supplemental Plan in
      any
      instance shall not be deemed a waiver of such provision as to any other or
      subsequent instance.

    

    
      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

    

    

    

    Article
      XIII—Benefits for Retired Western Atlas Employees

    

    Section
      13.1 Benefit
      Payments.
      If, as
      a result of the spin-off of UNOVA, Inc. from Western Atlas, the parties agree
      that the Company will assume the benefit obligations under the Western Atlas
      Plan with respect to certain individuals who are in pay status under the Western
      Atlas Plan, such benefit obligations shall be provided hereunder as if such
      benefits accrued under this Supplemental Plan, as it may be amended from time
      to
      time.

    

    IN
      WITNESS WHEREOF,
      the
      Company has caused this Supplemental Plan to be executed by its duly authorized
      officers as of the ____ day of ___________________, 2000.

    

    UNOVA,
      INC.

    

    

    WITNESS:
      ______________________ By:
      ________________________________

    Michael
      E. Keane

    

    

    WITNESS:
      ______________________ By:
      ________________________________

    Charles
      A. Cusumano

     

     

    
 

    
      
        21Exhibit 10.7

    AMENDED
      AND RESTATED

     

    CHANGE
      OF CONTROL EMPLOYMENT AGREEMENT

     

    

    This
      AGREEMENT
      is made
      in duplicate by and between Intermec,
      Inc.,
      a
      Delaware corporation, and _____________ (the “Executive”)
      as of
      the ___ day of ________, 20__ (the “Effective Date”).

     

    WHEREAS,
      the
      Board of Directors of Intermec, Inc. has determined that it is in the best
      interests of the Company and its shareholders to assure that the Company will
      have the continued dedication of the Executive, notwithstanding the possibility,
      threat or occurrence of a Change of Control (as defined below);

     

    WHEREAS,
      the
      Board of Directors of Intermec, Inc. believes it is imperative to diminish
      the
      inevitable distraction of the Executive by virtue of the personal uncertainties
      and risks created by a pending or threatened Change of Control and to encourage
      the Executive's full attention and dedication to the Company currently and
      in
      the event of any threatened or pending Change of Control, and to provide the
      Executive with compensation and benefits arrangements upon a Change of Control
      which ensure that the compensation and benefits expectations of the Executive
      will be satisfied and which are competitive with those of other
      corporations;

     

    WHEREAS,
      the
      Company and the Executive are parties to a Change of Control Employment
      Agreement dated as of __________, ____ (the “Original
      Agreement”);

     

    WHEREAS,
      the
      Company and the Executive desire to amend and restate the Original Agreement
      so
      that this Agreement will replace the Original Agreement in its
      entirety;

     

    NOW,
      THEREFORE, THE PARTIES AGREE AS FOLLOWS:

     

    1. Definitions.
      

     

    1.1
      “Accounting Firm” means (i) the independent certified public accounting firm
      serving the Company immediately prior to the Change of Control Date or (ii)
      an
      independent certified public accounting firm selected by the Executive pursuant
      to Section 7(c) of this Agreement.

    

    1.2
      “Accrued Obligations” has the meaning set forth in Section 6(a)(i) of this
      Agreement.

    

    1.3
      “Affiliate” means a Person that Controls or is Controlled by or is under common
      Control with Intermec, Inc. 

    

    1.4
      “Agreement” means this Amended and Restated Change of Control and Employment
      Agreement.

    

    1.5
      “Annual Base Salary” has the meaning set forth in Section 4(b)(i) of this
      Agreement.

    

    1.6
      “Annual Bonus” has the meaning set forth in Section 4(b)(ii) of this
      Agreement.

    

    1.7
      “Benefits” means Fringe Benefits, Retirement Benefits, and/or Welfare Benefits.

    

    1.8
      “Board” means the Board of Directors of Intermec, Inc. and its
      Successors.

    

    1.9
      “Business Combination” means a reorganization, merger, or consolidation or sale
      or other disposition of all or substantially all of the assets of the
      Company.

    

    1.10
      “Cause” has the meaning set forth in Section 5(b) of this Agreement.

    

    1.11
      “Change of Control” has the meaning set forth in Section 2 of this
      Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    1.12
      “Change of Control Date” means (i) the effective date of a Change of Control or
      (ii) if, the Company terminates the Executive’s employment or reduces
      Executive’s Annual Base Salary, Annual Bonus, Opportunities or Benefits without
      Cause prior to the effective date of a Change of Control and if it is reasonably
      demonstrated by the Executive that such termination or reduction (A) was at
      the
      request of a third party who had taken steps reasonably calculated to effect
      a
      Change of Control or (B) otherwise arose in connection with or in anticipation
      of a Change of Control, then “Change of Control Date” means the date immediately
      prior to the date of such termination or reduction.

    

    1.13
      “Company” means Intermec, Inc., its Successors and its Affiliates.

    

    1.14
      “Control” means (i) beneficial ownership (within the meaning of Rule 13d-3 of
      the Exchange Act), directly or indirectly, of 30% or more of a Person’s then
      outstanding voting equity generally entitled to vote in the election of
      directors (or other participants of the managing authority) or (ii) acquisition
      of actual control of the operations of a Person whether by means of contract
      or
      otherwise or (iii) acquisition of control of a Person through a merger or
      consolidation or (iv) acquisition of all or substantially all of a Person’s
      assets.

    

    1.15
      "Date of Termination" means (i) if the Executive's employment is terminated
      by
      the Company for Cause, or by the Executive for Good Reason, the date of receipt
      of the Notice of Termination or any later date specified therein, as the case
      may be, (ii) if the Executive's employment is terminated by the Company other
      than for Cause or Disability, the date on which the Company notifies the
      Executive of such termination, and (iii) if the Executive's employment is
      terminated by reason of death or Disability, the date of death of the Executive
      or the Disability Effective Date, as the case may be; provided, however, that,
      when the event of termination occurs in the fourth calendar quarter of the
      year,
      the Date of Termination is January 1 of the following year.

     

    1.16
      “Disability” means the absence of the Executive from the Executive's duties with
      the Company on a full-time basis for 180 consecutive business days as a result
      of incapacity due to mental or physical illness which is determined to be total
      and permanent by a physician selected by the Company or its insurers and
      acceptable to the Executive or the Executive's legal
      representative.

     

    1.17
      “Disability Effective Date” means the 30th day after the Executive’s receipt of
      the Company’s notice of intent to terminate the Executive’s employment pursuant
      to Section 5(a) of this Agreement.

    

    1.18
      “Dispute” means disagreement, dispute, controversy, suit, action, proceeding or
      claim arising out of or relating to this Agreement or the interpretation of
      this
      Agreement.

    

    1.19
      "Effective Date" has the meaning set forth in the first sentence of this
      Agreement.

    

    1.20
      “Employment Period” means the period beginning on the Change of Control Date and
      ending on the second anniversary of such Change of Control Date. 

    

    1.21
      “ERISA Sections 601-608” means Sections 601-608 of the Employee Retirement
      Income Security Act of 1974, as amended.

    

    1.22
      “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the
      rules and regulations promulgated thereunder.

    

    1.23
      “Excess Parachute Payment” means an excess parachute payment within the meaning
      of IRC Section 280G.

    

    1.24
      “Excise Tax” means the excise tax imposed by IRC Section 4999.

    

    1.25
      “Executive” has the meaning set forth in the first sentence of this
      Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    1.26
      “Executive’s Principal Location” means the location where the Executive was
      employed on the business day immediately preceding the Change of Control
      Date.

    

    1.27
      “Fringe Benefit Plan” means any plan, practice, program or policy maintained by
      the Company with respect to fringe benefits, including, without limitation,
      tax
      and financial planning services and payment of related expenses.

    

    1.28
      “Good Reason” has the meaning set forth in Section 5(c) of this
      Agreement.

    

    1.29
      “Incentive Compensation Plans” means incentive (including stock option or
      similar incentive plans), savings and retirement plans, practices, policies
      and
      programs maintained by the Company, including, without limitation, the
      Management Incentive Compensation Plan.

    

    1.30
      “Incumbent Board” has the meaning set forth in Section 2(b) of this
      Agreement.

    

    1.31
      “IRC” means the Internal Revenue Code of 1986 as amended.

    

    1.32
“IRC
      Section 1274(b)(2)(B)” means Section 1274(b)(2)(B) of the IRC.

    

    1.33
“IRC
      Section 1274 (d)” means Section 1274(d) of the IRC.

    

    1.34
“IRC
      Section 409A” means Section 409A of the IRC.

    

    1.35
“IRC
      Section 4980B means Section 4980B of the IRC.

    

    1.36
“IRC
      Section 4999” means Section 4999 of the IRC.

    

    1.37
“IRC
      Interest Rate” means the applicable federal interest rate provided for delayed
      payment in Section 7872(f)(2)(A) of the IRC.

    

    1.38
      “IRS” means the U.S. Internal Revenue Service.

    

    1.39
      “Management Incentive Compensation Plan” means the Intermec,
      Inc. Management Incentive Compensation Plan (effective for the 1999 fiscal
      year
      and thereafter) and any predecessor or successor plans which provide for the
      grant of annual cash bonuses or other short-term cash incentive awards during
      the last three full fiscal years prior to the Change of Control
      Date.

    

    1.40
“Net
      After-Tax Benefit” has the meaning set forth in Section 7(a) of this
      Agreement.

    

    1.41
      “Notice of Termination" means a written notice which (i) indicates the specific
      termination provision in this Agreement relied upon, (ii) to the extent
      applicable, sets forth in reasonable detail the facts and circumstances claimed
      to provide a basis for termination of the Executive's employment under the
      provision so indicated, and (iii) if the Date of Termination (as defined below)
      is other than the date of receipt of such notice, specifies the termination
      date
      (which date will be not more than thirty days after the giving of such notice).
      

    

    1.42
      “Opportunities” means the opportunity to (i) obtain regular or special incentive
      compensation under the Company’s Incentive Compensation Plans, (ii) obtain
      regular or special retirement benefits under the Company’s Retirement Plans,
      (iii) save through the Company’s Savings Plans and/or (iv) obtain regular or
      special benefits under the Company’s Welfare Benefit Plans.

    

    1.43
      “Other Benefits” has the meaning set forth in Section 6(a)(iv) of this
      Agreement.

    

    1.44
      “Outstanding Company Common Stock” has the meaning set forth in Section 2(a)(i)
      of this Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    1.45
      “Outstanding Company Voting Securities” has the meaning set forth in Section
      2(a)(ii) of this Agreement.

    

    1.46
      “Parachute Payment” means “parachute payment” within the meaning of IRC Section
      280G.

    

    

    1.47
      “Parachute Value” means the
      present value as of the date of the Change of Control of the portion of the
      Payment that constitutes a "parachute payment" under IRC Section 280G(b)(2),
      as
      determined by the Accounting Firm in accordance with IRC Section
      280G(b)(2).

    

    1.48
      “Payment” has the meaning set forth in Section 7(a) of this Agreement.

    

    1.49
      “Person” has the meaning set forth in Section 2(a) of this
      Agreement.

    

    1.50
      “Plan” means Fringe Benefit Plan, Incentive Compensation Plan, Retirement Plan,
      Savings Plan, Severance Plan, Vacation Plan and/or Welfare Benefit
      Plan.

    

    1.51
      “Reduced Amount” means an amount expressed in present value which maximizes the
      aggregate present value of Payments without causing any Payment to be subject
      to
      Excise Tax.

    

    1.52
      “Repayment Amount” has the meaning set forth in Section 7(c) of this
      Agreement.

    

    1.53
      “Retirement Benefits” means any compensation a retiree is eligible to receive
      under a Retirement Plan. 

    

    1.54
      “Retirement Plan” means any qualified or non-qualified defined benefit
      retirement plan maintained by the Company, including but not limited to the
      Intermec, Inc. Pension Plan, the Intermec, Inc. Supplemental Executive
      Retirement Plan and the Intermec, Inc. Restoration Plan.

    

    1.55
      “Safe Harbor Amount” means the maximum dollar amount of Payments in the nature
      of compensation that are contingent on a Section 280G Change of Control and
      may
      be paid or distributed to the Executive without imposition of the Excise
      Tax.

    

    1.56
      “Savings Plan” means any qualified or non-qualified savings program maintained
      by the Company, including but not limited to the Intermec, Inc. Financial
      Security and Savings Program.

    

    1.57
      “Section 280G Change of Control” means a change of control within the meaning of
      IRC Section 280G.

    1.58
      “Section 280G Compensation means compensation within the meaning of IRC Section
      280G.

    

    1.59
      “SERP” means any excess or supplemental retirement plan maintained by the
      Company.

    

    1.60
      “Severance Plan” means any plan, practice, policy or program under which the
      Company provides benefits to employees following the Company’s termination of
      their employment.

    

    1.61
      “Successor” means a Person that acquires Control of the Company. 

    

    1.62
      “Vacation Plan” means any plan, practice, policy or program maintained by the
      Company with respect to employee vacations.

    

    1.63
      “Welfare Benefit Plan” means any welfare benefit plan, practice, policy or
      program provided by the Company to its employees (including, without limitation,
      medical, prescription, dental, disability, salary continuance, employee life,
      group life, accidental death and travel accident insurance plans and
      programs)

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    1.64
      “Willful” has the meaning set forth in Section 5(b) of this
      Agreement.

    

    2. Change
      of Control.
      For the
      purpose of this Agreement, the term "Change
      of Control"
      means:

     

    (a)
      An
      acquisition by any individual, entity or group (within the meaning of Section
      13(d)(3) or 14(d)(2) of the Exchange Act) (a "Person")
      of
      beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
      Exchange Act) of 30% or more of either (i) the then outstanding shares of common
      stock of the Company (the "Outstanding
      Company Common Stock")
      or
      (ii) the combined voting power of the then outstanding voting securities of
      the
      Company entitled to vote generally in the election of directors (the
      "Outstanding
      Company Voting Securities");
      excluding, however, the following acquisitions of Outstanding Company Common
      Stock and Outstanding Company Voting Securities: (i) any acquisition directly
      from the Company, other than an acquisition by virtue of the exercise of a
      conversion privilege unless the security being so converted was itself acquired
      directly from the Company, (ii) any acquisition by the Company, (iii) any
      acquisition by any employee benefit plan (or related trust) sponsored or
      maintained by the Company, or (iv) any acquisition by any Person pursuant to
      a
      transaction which complies with clauses (i), (ii) and (iii) of subsection (c)
      of
      this Section 2; or

     

    (b)
      Individuals who, as of the Effective Date, constitute the Board (the
      "Incumbent
      Board")
      cease
      for any reason to constitute at least a majority of the Board; provided,
      however, that any individual who becomes a member of the Board subsequent to
      the
      Effective Date whose election, or nomination for election by the Company's
      shareholders, was approved by a vote of at least a majority of directors then
      comprising the Incumbent Board shall be considered as though such individual
      were a member of the Incumbent Board; but, provided further, that any such
      individual whose initial assumption of office occurs as a result of either
      an
      actual or threatened election contest (as such terms are used in Rule 14a-11
      of
      Regulation 14A promulgated under the Exchange Act) or other actual or threatened
      solicitation of proxies or consents by or on behalf of a Person other than
      the
      Board shall not be so considered as a member of the Incumbent Board;
      or

     

    (c)
      The
      consummation of a reorganization, merger or consolidation or sale or other
      disposition of all or substantially all of the assets of the Company (“Business
      Combination”); excluding, however, such a Business Combination pursuant to which
      (i) all or sub-stantially all of the individuals and entities who are the
      beneficial owners, respectively, of the Outstanding Company Common Stock and
      Outstanding Company Voting Securities immediately prior to such Business
      Combination will beneficially own, directly or indirectly, more than 60 percent
      of, respectively, the outstanding shares of common stock, and the combined
      voting power of the then outstanding voting securities entitled to vote
      generally in the election of directors, as the case may be, of the corporation
      resulting from such Business Combination (including, without limitation, a
      corporation which as a result of such transaction owns the Company or all or
      substantially all of the Company's assets) in substantially the same proportions
      as their ownership, immediately prior to such Business Combination of the
      Outstanding Company Common Stock and Outstanding Company Voting Securities,
      as
      the case may be, (ii) no Person (other than any employee benefit plan (or
      related trust) sponsored or maintained by the Company or any entity controlled
      by the Company or such corporation resulting from such Business Combination)
      will beneficially own, directly or indirectly, 30 percent or more of,
      respectively, the outstanding shares of common stock of the corporation
      resulting from such Business Combination or the combined voting power of the
      outstanding voting securities of such corporation entitled to vote generally
      in
      the election of directors except to the extent that such ownership existed
      with
      respect to the Company prior to the Business Combination, and (iii) at least
      a
      majority of the members of the board of directors of the corporation resulting
      from such Business Combination will have been members of the Incumbent Board
      at
      the time of the execution of the initial agreement, or of the action of the
      Board, providing for such Business Combination; or

     

    (d)
      The
      consummation of a complete liquidation or dissolution of the
      Company.

     

    3. Employment
      Period.
      Subject
      to the terms and conditions of this Agreement, the Company agrees to continue
      the Executive in its employ, and the Executive agrees to remain in the employ
      of
      the Company for the duration of the Employment Period.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    4. Terms
      of Employment.

     

    (a)
      Position
      and Duties.

     

    (i)
      During the Employment Period, (A) the Executive's position (including status,
      offices, titles, and reporting requirements), authority, duties, and
      responsibilities will be at least commensurate in all material respects with
      the
      most significant of those held, exercised, and assigned at any time during
      the
      120-day period immediately preceding the Change of Control Date and (B) the
      Executive's services will be performed at the Executive’s Principal Location or
      at any office or location that is 25 miles or less from the Executive’s
      Principal Location.

     

    (ii)
      During the Employment Period, and excluding any periods of vacation and sick
      leave to which the Executive is entitled, the Executive agrees to devote
      reasonable attention and time during normal business hours to the business
      and
      affairs of the Company and, to the extent necessary to discharge the
      responsibilities assigned to the Executive hereunder, to use the Executive's
      reasonable best efforts to perform faithfully and efficiently such
      responsibilities. During the Employment Period it will not be a viola-tion
      of
      this Agreement for the Executive to (A) serve on corporate, civic, or charitable
      boards or committees, (B) deliver lectures, fulfill speaking engagements, or
      teach at educational institutions, and (C) manage personal investments, so
      long
      as such activities do not significantly interfere with the performance of the
      Executive's responsibilities as an employee of the Company in accordance with
      this Agreement. It is expressly understood and agreed that to the extent that
      any such activities have been conducted by the Executive prior to the Change
      of
      Control Date, the continued conduct of such activities (or the conduct of
      activities similar in nature and scope thereto) subsequent to the Change of
      Control Date will not thereafter be deemed to interfere with the performance
      of
      the Executive's responsibilities to the Company.

     

    (b)
      Compensation.

     

    (i)
      Base
      Salary.
      During
      the Employment Period, the Executive will receive from the Company an annual
      base salary ("Annual
      Base Salary"),
      (which will be paid at a monthly rate) at least equal to twelve times the
      highest monthly base salary paid or payable, including any base salary which
      has
      been earned but deferred, to the Executive by the Company in the 12-month period
      immediately preceding the Change of Control Date. During the Employment Period,
      the Annual Base Salary will be reviewed by the Company no more than 12 months
      after the last salary increase awarded to the Executive prior to the Change
      of
      Control Date and thereafter at least annually. Any increase in the Executive’s
      Annual Base Salary will not limit or reduce any of the Company’s other
      obligations to the Executive under this Agreement. The Annual Base Salary will
      not be reduced after any such increase and, as used in this Agreement, the
      term
“Annual
      Base Salary”
means
      the Annual Base Salary as so increased.

     

    (ii)
      Annual
      Bonus.
      In
      addition to Annual Base Salary, the Executive will be awarded, for each fiscal
      year ending during the Employment Period, an annual bonus in cash equal to
      the
      Target Bonus (as that term is defined in the Management Incentive Compensation
      Plan) applicable to the Executive for the fiscal year, or if the Management
      Incentive Compensation Plan is not in effect for such fiscal year, the target
      bonus or award which the Executive would earn for such year under any incentive
      plan or arrangement in which the Executive participates or is eligible to
      participate pursuant to Section 4(b)(iii) assuming the attainment of any
      performance goals or similar criteria to the extent necessary for the Executive
      to qualify to receive the target award thereunder. The amount described in
      preceding sentence is hereinafter called the "Annual
      Bonus."

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (iii)
      Incentive,
      Savings, and Retirement Plans.
      During
      the Employment Period, the Executive will be entitled to participate in all
      Incentive Compensation Plans applicable generally to other peer executives
      of
      the Company, but in no event will such plans provide the Executive with
      Incentive Compensation Plan Opportunities, Savings Plan Opportunities and
      Retirement Plan Opportunities, in each case, less favorable, in the aggregate,
      than the most favorable of those provided by the Company for the Executive
      under
      such plans as in effect at any time during the 120-day period immediately
      preceding the Change of Control Date or, if more favorable to the Executive,
      those provided generally at any time on or after the Change of Control Date
      to
      other peer executives of the Company.

     

    (iv) Welfare
      Benefit Plans.
      During
      the Employment Period, the Executive and/or the Executive's family, as the
      case
      may be, will be eligible for participation in and will receive all benefits
      under the Company’s Welfare Benefit Plans to the extent applicable generally to
      other peer executives of the Company, but in no event will such plans,
      practices, policies, and programs provide the Executive with benefits which
      are
      less favorable, in the aggregate, than the most favorable of such plans,
      practices, policies, and programs in effect for the Executive at any time during
      the 120-day period immediately preceding the Change of Control Date or, if
      more
      favorable to the Executive, those provided generally at any time on or after
      the
      Change of Control Date to other peer executives of the Company.

     

    (v)
      Expenses.
      During
      the Employment Period, the Executive will be entitled to receive prompt
      reimbursement for all reasonable expenses incurred by the Executive in
      accordance with the most favorable policies, practices, and procedures of the
      Company in effect for the Executive at any time during the 120-day period
      immediately preceding the Change of Control Date or, if more favorable to the
      Executive, on or after the Change of Control Date with respect to other peer
      executives of the Company.

     

    (vi) Fringe
      Benefits.
      During
      the Employment Period, the Executive will be entitled to fringe benefits,
      including, without limitation, if applicable, tax and financial planning
      services in accordance with the most favorable Plans of the Company in effect
      for the Executive at any time during the 120-day period immediately preceding
      the Change of Control Date or, if more favorable to the Executive, as in effect
      generally at any time on or after the Change of Control Date with respect to
      other peer execu-tives of the Company.

     

    (vii)
      Office
      and Support Staff.
      During
      the Employment Period, the Executive will be entitled to an office or offices
      of
      a size and with furnishings and other appointments, and to exclusive personal
      secretarial and other assistance, at least equal to the most favorable of the
      foregoing provided to the Executive by the Company at any time during the
      120-day period immediately preceding the Change of Control Date or, if more
      favorable to the Execu-tive, as provided generally at any time on or after
      the
      Change of Control Date with respect to other peer executives of the
      Company.

     

    (viii)
      Vacation.
      During
      the Employment Period, the Executive will be entitled to paid vacation in
      accordance with the most favorable Plan of the Company as in effect for the
      Executive at any time during the 120-day period immediately preceding the Change
      of Control Date or, if more favorable to the Executive, as in effect generally
      at any time on or after the Change of Control Date with respect to other peer
      executives of the Company.

     

    5. Termination
      of Employment.
      

     

    (a)
      Death
      or Disability.
      Subject
      to Section 5(d) of this Agreement, the Executive's employment will terminate
      automatically upon the Executive's death during the Employment Period. If the
      Company determines in good faith that the Disability of the Executive has
      occurred during the Employment Period, it may give to the Executive written
      notice in accordance with Section 12(b) of this Agreement of its intention
      to
      terminate the Executive's employment. In such event, the Executive's employ-ment
      with the Company will terminate effective on the Disability Effective Date,
      unless, prior to such date, the Executive has returned to the full-time
      performance of his or her duties. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (b)
      Cause.
      The
      Company may terminate the Executive's employment during the Employment Period
      for Cause. For purposes of this Agreement, "Cause"
      means:

     

    (i)
      the
      Willful and continued failure of the Executive to perform substantially the
      Executive's duties with the Company (other than any such failure resulting
      from
      incapacity due to physical or mental illness), after a written demand for
      substantial performance is delivered to the Executive by the Board or the Chief
      Executive Officer of the Company which specifically identifies the manner in
      which the Board or Chief Executive Officer believes that the Executive has
      not
      substantially performed the Executive's duties, or

     

    (ii)
      the
      Willful engaging by the Executive in illegal conduct or gross misconduct which
      is materi-ally and demonstrably injurious to the Company.

     

    For
      purposes of this provision, no act or failure to act, on the part of the
      Executive, will be considered "Willful"
      unless
      it is done, or omitted to be done, by the Executive in bad faith or without
      reasonable belief that the Execu-tive's action or omission was in the best
      interests of the Company. Any act, or failure to act, based upon authority
      given
      pursuant to a resolution duly adopted by the Board or upon the instructions
      of
      the Chief Executive Officer or a senior officer of the Company or based upon
      the
      advice of counsel for the Company will be conclusively presumed to be done,
      or
      omitted to be done, by the Executive in good faith and in the best interests
      of
      the Company. The cessation of employment of the Executive will not be deemed
      to
      be for Cause unless and until there will have been delivered to the Executive
      a
      copy of a resolution duly adopted by the affirmative vote of not less than
      three-quarters of the entire membership of the Board at a meeting of the Board
      called and held for such purpose (after reasonable notice is provided to the
      Executive and the Executive is given an opportunity, together with counsel,
      to
      be heard before the Board), finding that, in the good faith opinion of the
      Board, the Executive is guilty of the conduct described in subparagraph (i)
      or
      (ii) above, and specifying the particulars thereof in detail.

     

    (c)
      Good
      Reason.
      During
      the Employment Period, the Executive may terminate his or her employment with
      the Company (by resignation or retirement) for Good Reason. For purposes of
      this
      Agreement, "Good
      Reason"
      means:

     

    (i)
      the
      assignment to the Executive of any duties inconsistent in any respect with
      the
      Executive's position (including status, offices, titles, and reporting
      requirements), authority, duties, or responsibilities as contemplated by Section
      4(a) of this Agreement, or any other action by the Company which results in
      a
      diminution in such position, authority, duties, or responsibilities, excluding
      for this purpose an isolated, insubstantial and inadvertent action not taken
      in
      bad faith and which is remedied by the Company promptly after receipt of notice
      thereof given by the Executive;

     

    (ii)
      the
      Company’s failure to comply with any of the provisions of Section 4(b) of this
      Agreement, other than an isolated, insubstantial, and inadvertent failure not
      occurring in bad faith and which is remedied by the Company promptly after
      receipt of notice thereof given by the Executive;

     

    (iii)
      the
      Company’s reduction of the Executive’s Annual Base Salary, Annual Bonus,
      Opportunities, Retirement Benefits or Welfare Benefits without
      Cause;

     

    (iv)
      the
      Company’s failure to continue in effect any Incentive Compensation Plan (other
      than equity-based plans), Retirement Plan or Savings Plan in which Executive
      was
      eligible to participate on the Change of Control Date, unless an equitable
      on-going substitute or alternative plan applicable to the Executive was
      previously adopted by the Company; 

     

    (v)
      the
      Company's requiring the Executive to be based at any office or location other
      than as provided in Section 4(a)(i)(B) hereof or the Company's requiring the
      Executive to travel on Company business to a substantially greater extent than
      required immediately prior to the Change of Control Date;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (vi)
      any
      purported termination by the Com-pany of the Executive's employment otherwise
      than as expressly permitted by this Agreement; or

     

    (vii)
      any
      failure by the Company to comply with and satisfy Section 14(c) of this
      Agreement.

     

    For
      purposes of this Section 5(c), any good faith determination of Good Reason
      made
      by the Executive will be conclusive. 

     

    The
      Executive’s continued employment during the Employment Period will not
      constitute and will not deemed to be consent to or a waiver of rights with
      respect to any fact or circumstance constituting grounds for the Executive’s
      termination of his or her employment pursuant to this Section 5(c).

     

    (d)
      Executive’s
      Right To Terminate During Disability.
      The
      Executive’s Disability during the Employment Period will not end or otherwise
      impair his or her right to terminate his or her employment with the Company
      based on any fact or circumstance constituting grounds for such termination
      pursuant to Section 5(c). 

     

    (e)
      Notice
      of Termination.
      Any
      termination by the Company for Cause, or by the Executive for Good Reason,
      will
      be communicated by Notice of Termination to the other party hereto given in
      accordance with Section 12(b) of this Agreement. The failure by the Executive
      or
      the Company to set forth in the Notice of Termination any fact or circumstance
      which contributes to a showing of Good Reason or Cause will not waive any right
      of the Executive or the Company, respectively, hereunder or preclude the
      Executive or the Company, respectively, from asserting such fact or
      circum-stance in enforcing the Executive's or the Company's rights hereunder.
      

     

    6. Obligations
      of the Company Upon Termination.
      

     

    (a)
      Good
      Reason; Other Than for Cause, Death or Disability.
      If,
      during the Employment Period, the Company termi-nates the Executive's employment
      other than for Cause or Disability or the Executive terminates employment for
      Good Reason:

     

    (i)
      the
      Company will pay to the Executive the sum of the following amounts:

     

    A.
      the
      sum of (1) the Executive's Annual Base Salary through the Date of Termination
      to
      the extent not theretofore paid, (2) the product of (x) the Annual Bonus, and
      (y) a fraction, the numerator of which is the number of days in the current
      fiscal year through the Date of Termination, and the denominator of which is
      365, in each case to the extent not theretofore paid and (3) any compensation
      previously deferred by the Executive (together with any accrued interest or
      earnings thereon), any awards under the Management Incentive Compensation Plan
      or any comparable or successor plan and any accrued vacation pay, in each case
      to the extent not theretofore paid (the sum of the amounts described in clauses
      (1), (2), and (3) shall be hereinafter referred to as the "Accrued
      Obligations"); and

     

    B.
      The
      lump sum cash amount equal to the product of (1) two and (2) the sum of (x)
      the
      Executive's Annual Base Salary and (y) the Annual Bonus, or if higher, any
      bonus
      paid with respect to any fiscal year during the Employment Period;
      and

     

    C.
      Utilizing actuarial assumptions no less favorable to the Executive than those
      in
      effect immediately prior to the Change of Control Date, a lump sum cash amount
      equal to the excess of (a) the actuarial equivalent of the benefit under the
      Company's Retirement Plan and SERP which the Executive would receive if the
      Executive's employment continued for two years after the Date of Termination
      assuming for this purpose that all accrued benefits are fully vested, and,
      assuming that the Executive's compensation in each of the two years is that
      required by Section 4(b)(i) and Section 4(b)(ii), over (b) the actuarial
      equivalent of the Executive's actual benefit (paid or payable), if any, under
      the Retirement Plan and the SERP as of the Date of Termination;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (ii)
      for
      two years after the Executive's Date of Termination, or such longer period
      as
      may be provided by the terms of the appropriate Welfare Benefit Plan, the
      Company will continue benefits to the Executive and/or the Executive's family
      at
      least equal to those which would have been provided to them in accordance with
      the Welfare Benefit Plans described in Section 4(b)(iv) of this Agreement if
      the
      Executive's employment had not been terminated or, if more favorable to the
      Executive, as in effect generally at any time thereafter with respect to other
      peer executives of the Company and their families, provided, however, that
      if
      the Executive becomes reemployed with another employer and is eligible to
      receive medical or other welfare benefits under another employer’s plan, the
      Welfare Benefits described in this Section 6(c)(ii) will be secondary to those
      provided under such other plan during such applicable period of eligibility.
      For
      purposes of determining eligibility (but not the time of commencement of
      benefits) of the Executive for Retirement Benefits, the Executive will be
      considered to have remained employed by the Company until two years after the
      Date of Termination and to have retired on the last day of such period. At
      the
      termination of the medical and dental benefits described in this Section
      4.2(b)(ii), the Executive and his or her family will be entitled to continuation
      coverage pursuant to IRC Section 4980B, ERISA Sections 601-608 and under any
      other applicable law as if the Termination Date was the date on which such
      medical and dental benefits expired. In the event you are ineligible under
      the
      terms of such benefit plans or programs to continue to be so covered, the
      Company will provide you with substantially equivalent coverage through other
      sources or will provide you with a lump-sum payment in such amount that, after
      all income taxes on that amount, will be equal to the cost of providing yourself
      such benefit coverage. The lump sum will be determined on a present value basis
      using the interest rate provided in IRC Section 1274(b)(2)(B) as of the Date
      of
      Termination. 

     

    (iii)
      the
      Company will, at its sole expense and up to the end of the second calendar
      year
      after the calendar year containing the Date of Termination, provide the
      Executive with reasonable outplacement services the scope and provider of which
      will be selected by the Executive in his or her sole discretion;
      and

     

    (iv)
      subject to Section 9(b), the Company will pay or provide to the Executive any
      other amounts or benefits required to be paid or provided or which the Executive
      is eligible to receive under any plan, program, policy, or practice or contract
      or agreement of the Company (such other amounts and benefits will be hereinafter
      referred to as the "Other
      Benefits").

     

    (b)
      Death.
      If the
      Executive's employment is terminated by reason of the Executive's death during
      the Employment Period, this Agreement will terminate without further obligations
      to the Executive's legal representatives under this Agreement, other than for
      payment of Accrued Obligations and the timely payment or provision of Other
      Benefits. Accrued Obligations will be paid to the Executive's estate or
      beneficiary, as applicable, in a lump sum in cash. With respect to the provision
      of Other Benefits, the term Other Benefits as utilized in this Section 6(b)
      will
      include, without limitation, and the Executive's estate and/or beneficiaries
      will be entitled to receive, benefits at least equal to the most favorable
      benefits provided by the Company to the estates and beneficiaries of peer
      executives of the Company and such affiliated companies under such plans,
      programs, practices, and policies relating to death benefits, if any, as in
      effect with respect to other peer executives and their beneficiaries at any
      time
      during the 120-day period immediately preceding the Change of Control Date
      or,
      if more favorable to the Executive's estate and/or the Executive's
      beneficiaries, as in effect on the date of the Executive's death with respect
      to
      other peer executives of the Company and their beneficiaries.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (c)
      Disability.
      If the
      Executive's employment is terminated by reason of the Executive's Disability
      during the Employment Period, this Agreement will terminate with-out further
      obligations to the Executive, other than for payment of Accrued Obligations
      and
      the timely payment or provision of Other Benefits. Accrued Obligations will
      be
      paid to the Executive in a lump sum in cash. With respect to the provision
      of
      Other Benefits, the term Other Benefits as utilized in this Section 6(c) will
      include, and the Executive will be entitled after the Disability Effective
      Date
      to receive, disability and other benefits at least equal to the most favorable
      of those generally provided by the Company to disabled executives and/or their
      families in accordance with such plans, programs, practices, and policies
      relating to disability, if any, as in effect generally with respect to other
      peer executives and their families at any time during the 120-day period
      immediately preceding the Change of Control Date or, if more favorable to the
      Executive and/or the Executive's family, as in effect at any time thereafter
      generally with respect to other peer executives of the Company and their
      families.

     

    (d)
      Cause;
      Other than for Good Reason.
      If the
      Executive's employment is terminated for Cause during the Employment Period
      or
      if the Executive volun-tarily terminates employment during the Employment
      Period, excluding a termination for Good Reason, this Agreement will terminate
      without further obligations to the Executive other than the obligation to pay
      to
      the Executive the sum of (x) his or her Annual Base Salary through the Date
      of
      Termination, (y) the amount of any compensation previously deferred by the
      Executive, and (z) Other Benefits, in each case to the extent theretofore
      unpaid. In such case, all Accrued Obligations will be paid to the Executive
      in a
      lump sum in cash

     

    7. Conditional
      Cap On Payments.

     

    (a)
      Subject to Section 7(b), if it is determined that any payment or distribution
      in
      the nature of Section 280G Compensation by the Company to or for the benefit
      of
      the Executive (whether paid or payable or distributed or distributable pursuant
      to the terms of this Agreement or otherwise, but determined without regard
      to
      any additional payments required under this Section 7) (a "Payment")
      would
      constitute an Excess
      Parachute Payment and,
      but
      for this Section 7, would be subject to Excise Tax, then such Payments will
      be
      reduced to the Reduced Amount but only if, by reason of such reduction, the
      net
      after-tax benefit to the Executive exceeds the net after-tax benefit which
      would
      be received by the Executive if no such reduction was made. For the purposes
      of
      this Section 7, the term “net
      after-tax benefit” means
      (i)
      the total Payments the Executive receives or is entitled to receive that would
      constitute Parachute Payments less (ii) the amount of all federal, state and
      local income and employment taxes payable by the Executive with respect to
      the
      total Payments calculated at the highest marginal income tax rate for each
      year
      in which the Payments will be paid to the Executive (based on the rate in effect
      for such year as set forth in the IRC as in effect at the time of the first
      Payment), less (iii) the Excise Taxes imposed by IRC Section 4999 with respect
      to the Payments. Unless the Executive elects another reduction method by giving
      written notice thereof to the Company prior to the Change of Control Date,
      the
      Company will reduce the Payments to the Reduced Amount by first reducing
      Payments that are not payable in cash and then by reducing cash Payments. Only
      amounts payable under this Agreement that are Section 280G Compensation and
      are
      contingent on a Section 280G Change of Control will be reduced pursuant to
      this
      Section 7(a). 

     

    (b)
      All
      determinations required to be made under this Section 7, including whether
      and
      when Payments will be reduced to the Reduced Amount and the amount of such
      reduction and the assumptions to be utilized in arriving at such determination,
      will be made by the Accounting Firm which will provide detailed supporting
      calculations both to the Company and the Executive within 15 business days
      of
      the receipt of notice from the Company that there will be a Payment, or at
      such
      earlier time as the Company may request. In the event that the Accounting Firm
      is serving as accountant or auditor for the individual, entity, or group
      effecting the Change of Control, the Executive will appoint another independent
      certified accounting firm to make the determinations required hereunder. All
      fees and expenses of the Accounting Firm will be borne solely by the Company.
      Subject to Section 7(c), the Accounting Firm’s determination will be conclusive
      and binding upon the Company and the Executive.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (c)
      If
      the IRS determines that Executive is liable for Excise Tax as a result of
      receipt of a Payment, Executive will be obligated to pay to the Company the
      smallest such amount, if any, as is required to be paid to the Company so that
      the Executive’s net proceeds with respect to any Payments (after taking the
      payment of the Excise Tax on such Payments) is maximized (the “Repayment
      Amount”);
      provided, however, that the Repayment Amount will be zero if a Repayment Amount
      greater than zero would not eliminate the Excise Tax imposed on such Payment.
      If
      the Repayment Amount is greater than zero, the Executive will pay that amount
      within 30 days of the date that the Executive enters into a binding agreement
      with the IRS as to the amount of the Executive’s Excise Tax liability or within
      30 days of receiving a final determination by the IRS or a court of competent
      jurisdiction requiring the Executive to pay the Excise Tax with respect to
      a
      Payment from which no appeal is available or is timely taken. If the Excise
      Tax
      is not eliminated through the payment of the Repayment Amount, the Executive
      will pay the Excise Tax. 

     

    8.
      Timing
      of Payments Due To Executive; Taxes. 

     

    (a)
      Subject to Section 8(b) of this Agreement, payments to be made by the Company
      to
      the Executive or his or her legal representative, estate or beneficiary under
      Section 6(a)(i) of this Agreement will be made not later than 30 days after
      the
      Date of Termination. All other payments to be made by the Company to the
      Executive or his or her legal representative, estate or beneficiary pursuant
      to
      this Agreement will be made at the time and in the manner specified herein
      or in
      the applicable Plan.  

    

    (b)
      Notwithstanding anything to the contrary in this Agreement, any cash payments
      (other than Accrued Obligations) due to the Executive under this Agreement
      on or
      within the 6-month period following the Executive’s termination will accrue
      during such 6-month period and will become payable in a lump sum cash payment
      on
      the date 6 months and 1 business day following the Date of Termination,
      provided, however, that such payments will be made earlier (at the times and
      in
      the manner specified in Section 8(a)) if the Executive advises the Company
      in
      writing that, after consulting with his or her legal and tax advisers, the
      Executive has determined that such earlier payment will not result in the
      imposition of the tax described in IRC Section 409A. In addition, this Agreement
      will be deemed amended to the extent necessary to avoid imposition of any tax
      or
      income recognition under IRC Section 409A prior to actual payment.

    

     

    (c)
      If,
      for any reason, the taxes described in IRC Section 409A are imposed with respect
      to payments due to the Executive or his or her legal representative, estate
      or
      beneficiaries, the Executive and his or her legal representative, estate and
      beneficiary are solely responsible for payment of such taxes and any interest
      or
      penalties related thereto. Subject to Section 7, all federal, state, local
      and
      foreign taxes are the sole responsibility of the Executive and his or her legal
      representative, estate or beneficiaries. 

     

    (d)
      The
      Company may withhold from any amounts payable under this Agreement such federal,
      state, local or foreign taxes as are required to be withheld pursuant to
      applicable laws and regulations.  

     

    9. Non-exclusivity
      of Rights; No Double Benefits.

     

    (a)
      Subject to Section 9(b), nothing in this Agreement prevents or limits the
      Executive's continuing or future participation in any Plan maintained by the
      Company and for which the Executive may qualify, nor will anything herein limit
      or otherwise affect such rights as the Executive may have under any contract
      or
      agreement with the Company. Amounts which are vested benefits or which the
      Executive is otherwise entitled to receive under any the Company at or
      subsequent to the Date of Termination will be payable in accordance with the
      applicable Plan unless this Agreement provides otherwise.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (b)
      If,
      in addition to this Agreement, another agreement requires the Company to make
      payments or provide other benefits to the Executive as a result of a Change
      of
      Control or, if a Severance Plan requires the Company to make payments or provide
      other benefits to the Executive on termination of the Executive’s employment for
      reasons other than Cause, the Executive will receive the benefits of this
      Agreement if and only the Executive waives in writing all rights to the benefits
      of such other agreement or Severance Plan. The Company shall also have the
      right
      to offset the benefits of this Agreement in the absence of such a waiver.

     

    10. No
      Offsets.
      Excepted as provided under Section 9(b), the Company's obligation to make the
      payments provided for in this Agreement and otherwise to perform its obligations
      hereunder will not be affected by any set-off, counterclaim, recoupment,
      defense, or other claim, right, or action which the Company may have against
      the
      Executive or others. 

     

    11. Mitigation
      Not Required.
      In no
      event will the Executive be obligated to seek other employment or take any
      other
      action by way of mitigation of the amounts payable to the Executive under any
      of
      the provisions of this Agreement and such amounts will not be reduced whether
      or
      not the Executive obtains other employment.

     

    12. Compensation
      During Dispute; Legal Fees.

     

    (a)
      Subject to Section 8(b), in the event of a Dispute, the Company will pay the
      Executive fifty percent (50%) of the amounts payable under Section 6 and will
      provide the Executive with all of the benefits specified in Section 6 if, but
      only if, the Executive agrees in writing that, if the Dispute is resolved in
      the
      Company’s favor, the Executive will promptly reimburse the Company for the
      excess payments and benefits together with interest thereon at the rate
      specified in IRC Section 1274(d). If the Dispute is resolved in the Executive’s
      favor, the Company will promptly pay the Executive the amount that was withheld
      during the Dispute together with interest thereon at the rate specified in
      IRC
      Section 1274(d). 

     

    (b)
      The
      Company agrees to pay as incurred, to the full extent permitted by law, all
      legal fees and expenses which the Executive may reasonably incur as a result
      of
      any contest (regardless of the outcome thereof) by the Company, the Executive
      or
      others of the validity or enforceability of, or liability under, any provision
      of this Agreement or any guarantee of performance thereof (including as a result
      of any contest by the Executive about the amount of any payment pursuant to
      this
      Agreement), plus in each case interest on any delayed pay-ment at the applicable
      rate set forth in IRC Section 7872(f)(2)(A).

     

    13.
      At
      Will Employment; Termination.
      The
      Executive and the Company acknowledge and agree that the employment of the
      Executive by the Company is "at will" and the Executive's employment and/or
      this
      Agreement may be terminated by either the Executive or the Company at any time
      prior to the Change of Control Date, in which case the Execu-tive will have
      no
      further rights under this Agreement. 

     

    14. Successors.
      

     

    (a)
      This
      Agreement is personal to the Executive and without the prior written consent
      of
      the Company cannot be assigned or otherwise transferred by the Executive except
      by will or the laws of descent and distribution. This Agreement will inure
      to
      the benefit of and be enforceable by the Executive's legal representatives,
      estate and beneficiaries.

     

    (b)
      This
      Agreement will inure to the benefit of and be binding upon the Company, its
      Successors and assigns.

     

    (c)
      The
      Company will require any Successor to expressly assume and agree to perform
      this
      Agreement in the same manner and to the same extent that the Company would
      be
      required to perform it if no Change of Control had occurred.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    15.
      Confidential
      Information.
      The
      Executive will hold in a fiduciary capacity for the benefit of the Company
      all
      secret or confidential information, knowledge, or data relating to the Company,
      and their respective businesses, which will have been obtained by the Executive
      during the Executive's employment by the Company and which will not be or become
      public knowledge (other than by acts by the Executive or representatives of
      the
      Executive in violation of this Agreement). After termination of the Executive's
      employment with the Company, the Executive will not, without the prior written
      consent of the Company or as may otherwise be required by law or legal process,
      communicate or divulge any such information, knowledge, or data to anyone other
      than the Company and those designated by it. In no event will an asserted
      violation of the provisions of this Section 15 constitute a basis for deferring
      or withholding any amounts otherwise payable to the Executive under this
      Agreement.

     

    16. Miscellaneous.

     

    (a)
      This
      Agreement will be governed by and construed in accordance with the laws of
      the
      State of Delaware, without reference to principles of conflict of
      laws.

     

    (b)
      No
      suit, action, proceeding or claim arising under or by reason of this Agreement
      may be brought by any party or any third party in any place other than the
      state
      or federal courts located in Seattle, Washington. The parties irrevocably
      consent to the jurisdiction and venue of such courts in connection with any
      such
      suit, action, proceeding or claim.

     

    (c)
      The
      captions of this Agreement are not part of the provisions hereof and will have
      no force or effect. This Agreement may not be amended or modified otherwise
      than
      by a written agreement executed by the parties hereto or their respective
      successors and legal representatives.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    (d)
      All
      notices and other communications hereunder will be in writing and will be given
      by hand delivery to the other party or by registered or certified mail, return
      receipt requested, postage prepaid, addressed as follows:

     

    

     

    If
      to the
      Executive: ________________

     

    If
      to the
      Company: Intermec,
      Inc. 

    Attention:
      SVP and Chief Financial Officer

    6001
      36th
      Avenue
      West

    Everett,
      WA 98203-1264

    

    With
      a
      copy to: Intermec,
      Inc. 

    Attention:
      SVP, General Counsel and Secretary

    6001
      36th
      Avenue
      West

    Everett,
      WA 98203-1264

     

    or
      to
      such other address as either party will have furnished to the other in writing
      in accordance herewith. Notice and communications will be effective when
      actually received by the addressee.

     

    (e)
      The
      invalidity or unenforceability of any provision of this Agreement will not
      affect the validity or enforceability of any other provision of this
      Agreement.

     

    (f)
      The
      Executive's or the Company's failure to insist upon strict compliance with
      any
      provision of this Agreement or the failure to assert any right the Executive
      or
      the Company may have hereunder, including, without limitation, the right of
      the
      Executive to terminate employment for Good Reason pursuant to Section
      5(c)(i)-(vii) of this Agreement, will not be deemed to be a waiver of such
      provision or right or any other provision or right of this
      Agreement.

     

    (g)
      This
      Agreement supercedes the Original Agreement in its entirety. Furthermore, this
      Agreement constitutes a single, integrated contract expressing the entire
      agreement of the parties with respect to the subject matter hereof and
      supercedes all prior or contemporaneous oral and written agreements and
      discussions with respect to the subject matter hereof and, except as explicitly
      set forth herein, there are no other agreements, written or oral, express or
      implied between the parties with respect to the subject matter of this
      Agreement.

     

    IN
      WITNESS WHEREOF,
      the
      Executive has hereunto set the Executive's hand and, pursuant to the
      authorization from its Board of Directors, the Company has caused these presents
      to be executed in its name on its behalf, all as of the day and year first
      above
      written.

     

    

     

    [Executive]

     

    

    Intermec,
      Inc. 

    

    

    By
            

    Lanny
      H.
      Michael

    Senior
      Vice President and

    Chief
      Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]