Document:

darrenwallisrsuaward

ONEOK, INC. EQUITY INCENTIVE PLAN  RESTRICTED UNIT AWARD AGREEMENT  This Restricted Unit Award Agreement (the “Agreement”) is entered into as of the 8th day  of August, 2022 by and between ONEOK, Inc. (the “Company”) and  DARREN WALLIS  (the “Grantee”), an employee of the Company or a Subsidiary thereof, pursuant to the terms of the  ONEOK, Inc. Equity Incentive Plan (the “Plan”).  1. Restricted Unit Award.  This Agreement and the Notice of Restricted Unit Award and Agreement dated August 8, 2022, a copy of which is attached hereto and incorporated herein  by reference, establishes the terms and conditions for the Company’s grant of an Award of   Restricted Units (the “Award”): 1,013 SHARES  to the Grantee pursuant to the Plan. This Agreement, when executed by the Grantee, constitutes  an agreement between the Company and the Grantee.  Capitalized terms not defined in this  Agreement shall have the meaning ascribed to them in the Plan.    2. Restricted Period; Vesting.  The Restricted Units granted pursuant to the Award will vest in accordance with the following terms and conditions:  (a) Grantee’s rights with respect to the Restricted Units shall be restricted during the period beginning August 8, 2022 (the “Grant Date”), and ending on February 23, 2025 (the  “Restricted Period”).    (b) Except as otherwise provided in this Agreement or the Plan, the Grantee shall vest in the Restricted Units granted by this Award (including any Dividend Equivalents, as described  below) at the end of the Restricted Period if the Grantee’s employment by the Company does not  terminate during the Restricted Period.  Upon vesting, the Grantee shall become entitled to receive  one (1) share of the Company’s common stock (“Common Stock”) for each such Restricted Unit.   No fractional shares shall be issued, and any amount attributable to a fractional share shall instead  be withheld to satisfy any withholding tax obligation.  (c) If the Grantee’s employment with the Company terminates prior to the end of the Restricted Period by reason of (i) voluntary termination other than Retirement or (ii) involuntary  Termination for Cause, the Grantee shall forfeit all right, title and interest in the Restricted Units  and any Common Stock otherwise payable pursuant to this Agreement.  For purposes of this  Agreement, employment with any Subsidiary of the Company shall be treated as employment with  the Company.  Likewise, a termination of employment shall not be deemed to occur by reason of  a transfer of employment between the Company and any Subsidiary.    Exhibit 10.4 

 

(d) In the event of termination of the Grantee’s employment with the Company during the Restricted Period by reason of (i) involuntary termination other than a Termination for Cause,  (ii) Retirement, (iii) Disability or (iv) death, then the Grantee shall be partially vested in, and the Grantee shall be entitled to receive, the percentage of the Restricted Units which is determined by dividing the number of full months which have elapsed under the Restricted Period at the time of such event by the number of full months in the Restricted Period. (e) Unless the Committee provides otherwise prior to a Change in Control, in the event of a Change in Control (as defined below), the vesting or forfeiture of the Restricted Units will be  subject to the terms and conditions of Article 11 of the Plan.    (f) For purposes of the Award and this Agreement, the term “voluntary termination” shall mean that the Grantee had an opportunity to continue employment with the Company, but  did not do so.  An “involuntary termination” shall mean that the Company has ended the Grantee’s  employment without the Grantee having an opportunity to continue employment with the  Company. A “Termination for Cause” of the Grantee’s employment shall mean that the Company  has ended such employment by reason of (i) the Grantee’s conviction in a court of law of a felony,  or any crime or offense involving misuse or misappropriation of money or property, (ii) the  Grantee’s violation of any covenant, agreement or obligation not to disclose confidential  information regarding the business of the Company, (iii) any violation by the Grantee of any  covenant not to compete with the Company, (iv) any act of dishonesty by the Grantee which  adversely effects the business of the Company, (v) any willful or intentional act of the Grantee  which adversely affects the business of, or reflects unfavorably on the reputation of the Company,  including any material breach of a Company policy (determined in the discretion of the Company)  (vi) the Grantee’s use of alcohol or drugs which interferes with the Grantee’s duties as an employee of the Company, or (vii) the Grantee’s failure or refusal to perform the specific directives of the Company’s Board of Directors or officers.  “Retirement” shall mean a voluntary termination of employment with the Company if the Grantee has both completed five (5) years of service with the Company and attained age fifty (50). “Years of service” for this purpose excludes any service with any predecessor employer that was not considered within the controlled group (determined in accordance with Code section 414(c)) of the Company as of the date of the grant, unless explicitly required by the agreement executed in connection with such asset or stock acquisition, merger or other similar transaction  “Disability” shall have the meaning provided in the Plan.  The term “Change in Control” shall have the meaning provided in the Plan unless the Award is or becomes subject to  Code Section 409A, in which event the term “Change in Control” shall mean a Change in Control as defined in the Plan that also qualifies as a “change in control event” as defined in Treasury Regulations Section 1.409A-3(i)(5). 3. Dividend Equivalents.  During the Restricted Period, before payment or forfeiture of the Award, the Award will be increased by a number of additional Restricted Units (“Dividend  Equivalents”) representing all cash dividends that would have been paid to the Grantee if one share  of Common Stock had been issued to the Grantee on the Grant Date for each Restricted Unit  granted pursuant to this Agreement.  The Dividend Equivalents credited during the Restricted  Period will include fractional shares; provided, however, the shares of Common Stock actually  issued upon vesting of the Dividend Equivalents shall be paid only in whole shares of Common  Stock, and any fractional shares of Common Stock in an amount of cash equal to the Fair Market  Value of such fractional shares of Common Stock shall be withheld to satisfy any withholding tax  2 

 

obligation.  Dividend Equivalents shall be subject to the same vesting provisions and other terms  and conditions of this Agreement, and shall be paid on the same date, as the Restricted Units to  which they are attributable. Moreover, references in this Agreement to Restricted Units shall be  deemed to include any Restricted Units attributable to Dividend Equivalents.   4. Non-Transferability of Restricted Units. (a) The Restricted Units may not be sold, assigned, transferred, pledged, encumbered or otherwise disposed of by Grantee or any other person until the expiration of the Restricted Period.   Any such attempt shall be wholly ineffective and will result in immediate forfeiture of all such  amounts.  (b) Notwithstanding the foregoing, the Grantee may transfer any part or all rights in the Restricted Units to members of the Grantee’s immediate family, to one or more trusts for the  benefit of such immediate family members or to partnerships in which such immediate family  members are the only partners, in each case only if the Grantee does not receive any consideration  for the transfer.  In the event of any such transfer, the Restricted Units shall remain subject to the  terms and conditions of this Agreement.  For any such transfer to be effective, the Grantee must  provide prior written notice thereof to the Committee, unless otherwise authorized and approved  by the Committee, in its sole discretion; and the Grantee shall furnish to the Committee such  information as it may request with respect to the transferee and the terms and conditions of any  such transfer.  For purposes of this Agreement, “immediate family” shall mean the Grantee’s  spouse, children and grandchildren.  (c) The Grantee also may designate a Beneficiary, using the form attached hereto as Exhibit A or such other form as may be approved by the Committee, to receive any rights of the  Grantee which may become vested in the event of the death of the Grantee under procedures and  in the form established by the Committee.  In the absence of such designation of a Beneficiary,  any such rights shall be deemed to be transferred to the estate of the Grantee.  5. Distribution of Common Stock.  Subject to Section 13 of this Agreement, the Common Stock or cash the Grantee becomes entitled to receive upon vesting of any Restricted  Units shall be distributed to the Grantee as soon as practicable after the vesting date for such  Restricted Units, as determined by the Committee in its discretion, but in no event later than 75  days after the vesting date.  The Grantee shall not be permitted, directly or indirectly, to designate  the form of payment or the taxable year in which any payment is to be made.  6. Administration of Award; Ratification of Actions.  The Award shall be subject to such other rules as the Committee, in its sole discretion, may determine to be appropriate with  respect to administration thereof.  This Agreement shall be subject to discretionary interpretation  and construction by the Committee.  Day-to-day authority and responsibility for administration of  the Plan, the Award and this Agreement have been delegated to the Company’s Benefit Plan  Administration Committee and its authorized representatives, and all actions taken thereby shall  be entitled to the same deference as if taken by the Committee itself.  The Grantee shall take all  actions and execute and deliver all documents as may from time to time be requested by the  Committee.  By receiving this Award or other benefit under the Plan, Grantee and each person  claiming under or through Grantee shall conclusively be deemed to have indicated acceptance and  3 

 

ratification of, and consent to, any action taken under the Plan or the Award by the Company, the  Board, the Committee or the Benefit Plan Administration Committee.    7. Tax Liability and Withholding.  The Grantee agrees to pay to the Company any applicable federal, state or local income, employment, social security, Medicare or other  withholding tax obligation arising in connection with the Award to the Grantee, which the  Company shall determine; and the Company shall have the right, without the Grantee’s prior  approval or direction, to satisfy such withholding tax by withholding all or any part of the Common  Stock or cash that would otherwise be distributed or paid to the Grantee, with any shares of  Common Stock so withheld to be valued at the Fair Market Value on the date of such withholding.   The Grantee, with the consent of the Company, may satisfy such withholding tax by transferring  cash or Common Stock to the Company, with any shares of Common Stock so transferred to be  valued at the Fair Market Value on the date of such transfer.  Any payment of required withholding  taxes in the form of Common Stock shall not exceed the maximum amount of tax that may be  required to be withheld by law (or such other amount that would result in an accounting charge  with respect to such shares used to pay such taxes).  Income tax withholding shall occur on the  date of actual distribution.  Notwithstanding the foregoing, the ultimate liability for Grantee’s share  of all tax withholding is the Grantee’s responsibility, and the Company makes no tax-related  representations in connection with the grant or vesting of Restricted Units or the distribution of  Common Stock or cash to Grantee.  8. Adjustment Provisions.  If, prior to the expiration of the Restricted Period, any change is made to the outstanding Common Stock or in the capitalization of the Company, the  Restricted Units granted pursuant to this Award shall be equitably adjusted or terminated to the  extent and in the manner provided under the terms of the Plan.    9. Clawbacks, Insider Trading and Other Company Policies.  The Grantee acknowledges and agrees that this Award is subject to all applicable clawback or recoupment,  insider trading, share ownership and retention and other policies that the Company’s Board of  Directors may adopt from time to time.  Notwithstanding anything in the Plan or this Agreement  to the contrary, all or a portion of the Award made to the Grantee under this Agreement is subject  to being called for repayment to the Company or reduced in any situation where the Board of  Directors or a Committee thereof determines that fraud, negligence, or intentional misconduct by  the Grantee was a contributing factor to the Company having to restate all or a portion of its  financial statement(s). The Committee may determine whether the Company shall effect any such  repayment or reduction: (i) by seeking repayment from the Grantee, (ii) by reducing (subject to  applicable law and the terms and conditions of the Plan or any other applicable plan, program,  policy or arrangement) the amount that would otherwise be awarded or payable to the Grantee  under the Award, the Plan or any other compensatory plan, program, or arrangement maintained  by the Company, (iii) by withholding payment of future increases in compensation (including the  payment of any discretionary bonus amount) or grants of compensatory awards that would  otherwise have been made in accordance with the Company's otherwise applicable compensation  practices, or (iv) by any combination of the foregoing. The determination regarding the Grantee’s  conduct, and repayment or reduction under this provision shall be within the sole discretion of the  Committee and shall be final and binding on the Grantee and the Company. The Grantee, in  consideration of the grant of the Award, and by the Grantee's execution of this Agreement,  acknowledges the Grantee's understanding of this provision and hereby agrees to make and allow  4 

 

an immediate and complete repayment or reduction in accordance with this provision in the event  of a call for repayment or other action by the Company or Committee to effect its terms with  respect to the Grantee, the Award and/or any other compensation described in this Agreement.  10. Stock Reserved.  The Company shall at all times during the term of the Award reserve and keep available such number of shares of its Common Stock as will be sufficient to  satisfy the Award issued and granted to Grantee and the terms stated in this Agreement.  It is  intended by the Company that the Plan and shares of Common Stock covered by the Award are to  be registered under the Securities Act of 1933, as amended, prior to the grant date; provided, that  in the event such registration is for any reason not effective for such shares, the Grantee agrees  that all shares acquired pursuant to the grant will be acquired for investment and will not be  available for sale or tender to any third party.  11. No Rights as Shareholder.  The issuance and transfer of Common Stock shall be subject to compliance by the Company and the Grantee with all applicable laws, rules, regulations  and approvals.  No shares of Common Stock shall be issued or transferred unless and until any  then-applicable legal requirements have been fully met or obtained to the satisfaction of the  Company and its counsel.  Except as otherwise provided in this Agreement, the Grantee shall have  no rights as a shareholder of the Company in respect of the Restricted Units or Common Stock for  which the Award is granted.  The Grantee shall not be considered a record owner of shares of  Common Stock with respect to the Restricted Units until the Common Stock is actually distributed  to Grantee.  12. Continued Employment; Employment at Will.  In consideration of the Company’s granting the Award as incentive compensation to Grantee pursuant to this Agreement, the Grantee  agrees to all of the terms of this Agreement and to continue to perform services for the Company  in a satisfactory manner as directed by the Company.  Provided, however, no provision in this  Agreement shall confer any right to the Grantee’s continued employment, limit the right of the  Company to terminate the Grantee’s employment at any time or create any contractual right to  receive any future awards under the Plan.  Moreover, unless specifically provided under the terms  thereof, the value of the Award will not be included as compensation or earnings when calculating  the Grantee’s benefits under any employee benefit plan sponsored by the Company.  13. Code Section 409A.  This Award and Agreement are intended to comply with Code Section 409A or an exemption therefrom and shall be construed and interpreted in a manner that  is consistent with the requirements for avoiding additional taxes or penalties under Code Section  409A.  Notwithstanding any other provision of the Agreement, any distributions or payments due  hereunder that are subject to Code Section 409A may only be made upon an event and in a manner  permitted by Code Section 409A. “Termination of employment” or words of similar import used  in this Agreement shall mean, with respect to any payments of deferred compensation subject to  Code Section 409A, a “separation from service” as defined in Code Section 409A.  Each payment  of compensation under this Agreement, including installment payments, shall be treated as a  separate payment of compensation for purposes of applying Code Section 409A.  Except as  permitted under Code Section 409A, Grantee may not, directly or indirectly, designate the calendar  year of settlement, distribution or payment.  To the extent that an Award is or becomes subject to  Code Section 409A and Grantee is a Specified Employee (within the meaning of Code Section  409A) who becomes entitled to a distribution on account of a separation from service, no payment  5 

 

shall be made before the date which is six (6) months after the date of the Grantee's separation  from service or, if earlier, the date of Grantee’s death (the “Delayed Payment Date”), if required  by Code Section 409A.  The accumulated amounts shall be distributed or paid in a lump sum  payment on the Delayed Payment Date unless the Delayed Payment Date is the date of the  Grantee’s death, in which event the accumulated amounts shall be paid in a lump sum payment by  December 31 following the year of Grantee’s death.  Notwithstanding the foregoing, the Company  makes no representations that the payments and benefits provided under this Agreement comply  with Code Section 409A and shall not be liable for all or any taxes, penalties, interest or other  expenses that may be incurred by the Grantee on account of non-compliance with Code Section  409A.  14. Entire Agreement; Severability; Conflicts.  This Agreement contains the entire terms of the Award, and may not be changed other than by a written instrument executed by both  parties or an amendment of the Plan, except where such change or modification does not adversely  affect in a material way the terms of this Agreement, as provided in Section 15.4 of the Plan.  This  Agreement supersedes any prior agreements or understandings, and there are no other agreements  or understandings relating to its subject matter.  The invalidity or unenforceability of any provision  of the Plan or this Agreement shall not affect any other provision of the Plan or this Agreement,  and each provision of the Plan and this Agreement shall be severable and enforceable to the extent  permitted by law.  Should there be any inconsistency between the provisions of this Agreement  and the terms of the Award as stated in the resolutions and records of the Board of Directors or the  Plan, the provisions of such resolutions and records of the Board of Directors and the Plan shall  control.  15. Successors and Assigns.  The Award evidenced by this Agreement shall inure to the benefit of and be binding upon the heirs, legatees, legal representatives, successors, and assigns  of the parties hereto.  16. Governing Law; Mandatory Claims Procedures.  This Agreement shall be construed in accordance with, and subject to, the laws of the State of Oklahoma applicable to  contracts made and to be entirely performed in Oklahoma and wholly disregarding any choice of  law provisions or conflict of law principles that might otherwise be contrary to this express intent.  If Grantee or any person acting on Grantee’s behalf (the “Claimant”) has any claim or dispute  related in any way to the Award or to the Plan, the Claimant must follow the claims and arbitration  procedures set forth in Article 13 of the Plan.  All claims must be brought no later than one year  following the date on which the facts forming the basis of the claim are known or should have  been known by the claimant, whichever is earlier.  Any claim that is not submitted within the  applicable time limit shall be waived.    The Grantee hereby acknowledges receipt of this Agreement, the Notice of Restricted Unit  Award and Agreement and a copy of the Plan, and accepts the Award under the terms and  conditions stated in this Agreement, subject to all terms and provisions of the Plan, by signing this  Agreement as of the date indicated.  In the absences of a signed acceptance, the Grantee will be  deemed to have accepted this Award on the Grant Date, and all its associated terms and conditions,  including the mandatory claims and arbitration procedures, unless the Grantee notifies the  6 

 

Company of the Grantee’s non-acceptance of the Award by contacting the stock plan  administrator, in writing within sixty (60) days of the Grant Date.  _______________  Date  _________________________________________________  DARREN WALLIS  7 

 

Exhibit A  Beneficiary Designation Form  I, _________________________________ (“Plan Participant”), state that I am a participant in the ONEOK,  Inc. Equity Incentive Plan,the ONEOK, Inc. Equity Compensation Plan, or any other stock compensation plan  sponsored by ONEOK, Inc. (individually and collectively, the “Plan”), and the holder of one or more Awards granted  to me under the Plan.  With the understanding that I may change the following beneficiary designations at any time  by furnishing written notice thereof to the Committee (provided that such change does not affect the time and form of  payment of any amounts subject to an existing deferral election), I hereby designate the following individuals (or  entities) as my beneficiaries to receive any and all benefits payable to me under the Plan and to exercise all rights,  benefits and features of the Awards described below, in accordance with the terms of the Plan and any associated  award agreement, in the event of my death as follows:  1. Primary Beneficiary (Beneficiaries) The Primary Beneficiaries named below shall have first priority to any and all Awards described below and to exercise all rights, benefits and features of the Awards described below, in accordance with the terms of the Plan  and any associated award agreement, in the event of my death.  Name Relationship SSN Percentage of Total  If a designated Primary Beneficiary named dies or ceases to exist prior to receiving the share designated for  such Primary Beneficiary, such share shall be transferred proportionately to other surviving and existing designated  Primary Beneficiaries.  2. Contingent Beneficiary (or Beneficiaries) The Contingent Beneficiaries named below, if any, shall receive all Awards described below and  to exercise, enjoy and receive all rights, benefits and features of the Awards described below (including Awards that I have elected  to defer under the Plan or the ONEOK, Inc. 2005 Nonqualified Deferred Compensation Plan, if applicable) in  accordance with the Plan and the terms and provisions of such Awards in the event of my death if no Primary  Beneficiary named above survives me or exists.  Name Relationship SSN Percentage of Total  8 

 

3. Awards Covered By Beneficiary Designation This Beneficiary Designation is applicable to and covers the following Awards: (Check one) _______ All Awards previously granted to me under the Plan and all Awards to be granted to me  under the Plan in the future; or  _______ The following Awards that have been granted to me under the Plan:  (List Awards Covered)  Award Grant Date No. of Shares of Stock  4. General Terms This instrument does not modify, extend or increase any rights or benefits otherwise provided for by any Award under the Plan.  All terms used in this instrument shall have the meaning provided for under the Plan, unless  otherwise indicated herein.  This instrument is not applicable to Common Stock of ONEOK, Inc. that I have acquired  outright and without any restrictions or limitations under the Plan prior to my death.  This instrument revokes and  supersedes any prior designation of a Beneficiary (or Beneficiaries) made by me with respect to the Awards covered  by this Beneficiary Designation as set forth in Paragraph 3.    IN WITNESS WHEREOF, I have signed this instrument this     day of ____________, __________.  ________________________________________________  DARREN WALLIS  _______________________________________  Witness  _______________________________________  Witness  RECEIVED AND ACKNOWLEDGED this ____ day of ________, 20______,  ____________________________________________  For the Committee  9EX-4.5

 Exhibit 4.5 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF
THE DEPOSITARY, WHICH MAY BE TREATED BY THE COMPANY, THE TRUSTEE AND ANY AGENT THEREOF AS OWNER AND HOLDER OF THIS SECURITY FOR ALL PURPOSES. 
 UNLESS THIS
CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF DEUTSCHE BANK AG, LONDON BRANCH TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF BT GLOBENET NOMINEES
LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DEUTSCHE BANK AG, LONDON BRANCH (AND ANY PAYMENT HEREON IS MADE TO BT GLOBENET NOMINEES LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF DEUTSCHE BANK AG, LONDON BRANCH), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, BT GLOBENET NOMINEES LIMITED, HAS AN INTEREST HEREIN. 

TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DEUTSCHE BANK AG, LONDON BRANCH OR TO A SUCCESSOR
THEREOF OR SUCH SUCCESSOR’S NOMINEE. 
 HONEYWELL INTERNATIONAL INC. 

4.125% Senior Note Due 2034 
 REGISTERED No. 

Registered CUSIP:
438516CG9                                        
                                         
                                         
      €
 Registered ISIN: XS2551903425 

Common Code No.: 255190342 
 HONEYWELL
INTERNATIONAL INC., a Delaware corporation (the “Company,” which term includes any successor corporation under the Indenture described herein), for value received, hereby promises to pay to BT GLOBENET NOMINEES LIMITED or its registered
assigns, the principal sum of                  EUROS (€                 ) on
November 2, 2034 (the “Maturity Date”), and to pay interest on said principal sum annually in arrears on November 2 of each year, commencing November 2, 2023 (each such date on which the Company is required to pay interest
being referred to herein as an “Interest Payment Date”), at the rate of 4.125% per annum from November 2, 2022, or from the most recent date in respect of which interest has been paid or duly provided for, until payment of said
principal sum has been made or duly provided for. 
 Interest payable on any Interest Payment Date, Redemption Date (as defined below) or
Maturity Date shall be the amount of interest accrued from, and including, the next preceding Interest Payment Date in respect of which interest has been paid or duly provided for (or from and including the original issue date of this Note, if no
interest has been paid or duly provided for) to, but excluding, such Interest Payment Date, Redemption Date or Maturity Date, as the 

 
case may be. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Markets Association. If any Interest Payment Date falls on a
day that is not a Business Day, the interest payment will be made on the next succeeding day that is a Business Day, but no additional interest will accrue as a result of the delay in payment. If the Maturity Date or any Redemption Date falls on a
day that is not a Business Day, the related payment of principal, premium, if any, and interest will be made on the next succeeding Business Day as if it were made on the date such payment was due, and no interest will accrue on the amounts so
payable for the period from and after such date to the next succeeding Business Day. The rights of holders of beneficial interests of Notes (as defined below) to receive the payments of interest on such Notes are subject to the applicable procedures
of Clearstream Banking S.A. (“Clearstream”), and Euroclear Bank, SA/NV (“Euroclear”). 
 The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name this Note (or one or more predecessor Notes) is registered at the close of business on the 15th calendar day (whether or not a Business Day) immediately preceding the related Interest Payment Date or, if the Notes are represented by one or more Global Securities, the close of business on the
Business Day (for this purpose a day on which Clearstream and Euroclear are open for business) immediately preceding such Interest Payment Date (each being referred to herein as a “Regular Record Date”); provided, however, that interest
payable on the Maturity Date or any Redemption Date shall be payable to the person to whom the principal shall be payable. As used herein, “Business Day” means any day, other than a Saturday or Sunday, (1) which is not a day on which
banking institutions in The City of New York or The City of London are authorized or required by law or executive order to close and (2) on which the Trans-European Automated Real-time Gross Settlement Express Transfer system (the TARGET2
system), or any successor thereto, operates. 
 The payments of interest, principal and premium, if any, will be made at the office or
agency of the Company maintained for that purpose in London, England, which shall initially be Deutsche Bank Trust Company Americas; provided, however, that at the option of the Company, payment of interest may be made by check mailed to the address
of the Person entitled thereto as such address shall appear in the Security Register; provided further, that all payments of interest, principal and premium, if any, with respect to the Notes of this series represented by one or more Global
Securities deposited with, or on behalf of, a common depositary, and registered in the name of the nominee of the common depositary for the accounts of Clearstream and Euroclear shall be made through the facilities of the common depositary. 

All payments of interest, principal and premium, if any, will be made in euros. If the euro is unavailable to the Company due to the
imposition of exchange controls or other circumstances beyond its control or if the euro is no longer being used by the then member states of the European Monetary Union that have adopted the euro as their currency or for the settlement of
transactions by public institutions of or within the international banking community, then all payments in respect of this Note will be made in U.S. dollars until the euro is again available to the Company or so used. The amount payable on any date
in euros will be converted into U.S. dollars at the rate mandated by the U.S. Federal Reserve Board as of the close of business on the second Business Day prior to the relevant payment date or, in the event the U.S. Federal Reserve Board has not
mandated a rate of conversion, on the basis of the most recent U.S. dollar/euro 

  
 2 

 
exchange rate published in The Wall Street Journal on or prior to the second Business Day prior to the relevant payment date. Any payments in respect of the Notes so made in U.S. dollars
will not constitute an event of default under the terms of this Note or the Indenture. 
 Initially, Deutsche Bank Trust Company Americas
will be the Paying Agent and the Registrar (the “Note Registrar”) for this Note. The Company reserves the rights at any time to remove any Paying Agent or Note Registrar without notice, to appoint additional or other Paying Agents and
other Note Registrars without notice and to approve any change in the office through which any Paying Agent or Note Registrar acts; provided, however, that there will at all times be a Paying Agent in London. 

This Note is one of the duly authorized series (the “Series”) of debt securities of the Company (hereinafter called the
“Securities”), issued and to be issued under an indenture dated March 1, 2007, as supplemented by the First Supplemental Indenture dated as of October 27, 2017, the Second Supplemental Indenture dated as of March 10, 2020
and the Third Supplemental Indenture dated as of October 22, 2021 (collectively, the “Indenture”) between the Company and Deutsche Bank Trust Company Americas, as trustee (the “Trustee”), to which Indenture and all other
indentures supplemental thereto reference is hereby made for a statement of the rights and limitations of rights thereunder of the Holders of the Securities and of the rights, obligations and duties of the Company, the Trustee and the Paying Agent
for this Note, and the terms upon which the Securities are, and are to be, authenticated and delivered. The Securities may be issued in one or more series, which different series may be issued in various principal amounts, may mature at different
times, may bear interest, if any, at different rates, may be subject to different redemption provisions, if any, may be subject to different covenants and Events of Default and may otherwise vary as provided or permitted in the Indenture. This Note
is one of the series of Securities designated as 4.125% Senior Notes Due 2034 (herein called the “Notes”), initially limited in aggregate principal amount to €1,000,000,000. 

Each capitalized term used herein and not otherwise defined herein shall have the meaning assigned thereto in the Indenture. 

The Company may, without the consent of the Holders of the Notes, reopen this Series of Notes and issue additional Notes on separate dates,
which shall form a single series and shall have the same terms. 
 The Notes will be redeemable, in whole or in part, at any time prior to
August 2, 2034 (the date that is three months prior to the Maturity Date), at a redemption price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of the remaining
scheduled payments of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the date of redemption), discounted to the date of redemption (the “Redemption Date”) on an annual basis (ACTUAL/ACTUAL (ICMA)), at
the applicable Comparable Government Bond Rate described below plus 35 basis points, plus accrued and unpaid interest on the principal amount of the Notes to be redeemed to the date of redemption. The Company will calculate the redemption price.

 At any time on or after August 2, 2034 (the date that is three months prior to the Maturity Date), the Notes will be redeemable, in
whole or in part, at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest on the principal amount of the Notes to be redeemed to the Redemption Date. 

  
 3 

 “Comparable Government Bond Rate” means, with respect to any Redemption Date, the
rate per annum equal to the yield to maturity, expressed as a percentage (rounded to three decimal places, with 0.0005 being rounded upwards), on the third Business Day prior to the date fixed for redemption, calculated in accordance with customary
financial practice in pricing new issues of comparable corporate debt securities paying interest on an annual basis (ACTUAL/ACTUAL (ICMA)) of the Comparable Government Bond (as defined below), assuming a price for the Comparable Government Bond
(expressed as a percentage of its principal amount) equal to the Comparable Government Bond Price for such Redemption Date. 

“Comparable Government Bond” means, in relation to any Comparable Government Bond Rate calculation, the German government bond
(Bundesanleihe) selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary
financial practice, in pricing new issues of euro-denominated corporate debt securities of a comparable maturity to the remaining term of such Notes. 

“Independent Investment Banker” means one of the Reference Government Bond Dealers selected by the Company. 

“Comparable Government Bond Price” means, with respect to any Redemption Date, (1) the arithmetic average of the Reference
Government Bond Dealer Quotations for such Redemption Date, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (2) if the Company obtains fewer than four such Reference Government Bond Dealer Quotations,
the arithmetic average of all such quotations. 
 “Reference Government Bond Dealer” means each of (i) BNP Paribas, Deutsche
Bank AG, London Branch, Goldman Sachs & Co. LLC and UniCredit Bank AG or any of their affiliates that are primary European government securities dealers, and their respective successors; provided that if any of the foregoing or any of their
affiliates shall cease to be a primary European government securities dealer (“Primary Dealer”), the Company shall substitute therefor another Primary Dealer and (ii) three other Primary Dealers selected by the Company. 

“Reference Government Bond Dealer Quotations” means, with respect to each Reference Government Bond Dealer and any Redemption Date,
the arithmetic average, as determined by the Company, of the bid and asked prices for the Comparable Government Bond (expressed in each case as a percentage of its principal amount) quoted in writing to the Company by such Reference Government Bond
Dealer at 11:00 a.m., Brussels time, on the third Business Day preceding such Redemption Date. 
 Notice of any redemption will be mailed at
least 30 days but not more than 60 days before the Redemption Date to each holder of Notes to be redeemed. If the Company elects to redeem fewer than all the Notes, the trustee will select the particular Notes to be redeemed by such method that the
trustee deems fair and appropriate; provided that if the Notes are 

  
 4 

 
represented by one or more Global Securities, beneficial interests therein will be selected for redemption by Clearstream and Euroclear in accordance with their respective applicable procedures
therefor; and provided, further, that no Notes of a principal amount of €100,000 or less will be redeemed in part. 
 Any redemption
may, at the Company’s discretion, be subject to one or more conditions precedent, which will be set forth in the related notice of redemption, including, but not limited to, completion of an offering or financing or other transaction or event.
In addition, if such redemption is subject to satisfaction of one or more conditions precedent, such notice will describe each such condition, and if applicable, will state that, in the Company’s discretion, the Redemption Date may be delayed
until such time (provided, however, that any Redemption Date will not be more than 60 days after the date of the notice of redemption) as any or all such conditions will be satisfied, or such redemption may not occur and such notice
may be rescinded in the event that any or all such conditions will not have been satisfied by the Redemption Date, or by the Redemption Date as so delayed. 

If any such condition precedent has not been satisfied, the Company will provide written notice to the Trustee prior to the close of business
one business day prior to the Redemption Date. Upon receipt of such notice, the notice of redemption will be rescinded or delayed, and the redemption of the notes will be rescinded or delayed as provided in such notice. Upon receipt, the Trustee
will provide such notice to each holder in the same manner in which the notice of redemption was given 
 Unless the Company defaults in
payment of the redemption price, on and after the Redemption Date interest will cease to accrue on the Notes or portions thereof called for redemption. 

On or before a Redemption Date, the Company will deposit with a paying agent (or the Trustee) money sufficient to pay the redemption price of
and accrued interest on the Notes to be redeemed on that date. This Note will not be subject to any sinking fund. 
 Subject to the
exceptions and limitations set forth below, the Company will pay as additional interest on the Notes such additional amounts as are necessary in order that the net payment by the Company or a Paying Agent of the principal, premium and interest with
respect to the Notes to a holder that is not a United States person (as defined below), after withholding or deduction for any present or future tax, assessment or other governmental charge imposed by the United States or a taxing authority in the
United States, will not be less than the amount provided in the Notes to be then due and payable; provided, however, that the foregoing obligation to pay additional amounts will not apply: 

 

	 	1.	 to any tax, assessment or other governmental charge that would not have been imposed but for the holder, a
fiduciary, settlor, beneficiary, member or shareholder of the holder, or a person holding a power over an estate or trust administered by a fiduciary holder, being treated as: 

 

	 	a.	 being or having been present in, or engaged in a trade or business in, the United States, being treated as
having been present in, or engaged in a trade or business in, the United States, or having or having had a permanent establishment in the United States; 

  
 5 

	 	b.	 having a current or former connection with the United States (other than a connection arising solely as a
result of the ownership of the Notes, the receipt of any payment in respect of the Notes or the enforcement of any rights under the indenture), including being or having been a citizen or resident of the United States or treated as being or having
been a resident thereof; 

  

	 	c.	 being or having been a personal holding company, a passive foreign investment company or a controlled foreign
corporation for U.S. federal income tax purposes, a foreign tax exempt organization, or a corporation that has accumulated earnings to avoid United States federal income tax; 

 

	 	d.	 being or having been a “10-percent shareholder,” as defined
in section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”), or any successor provision, of the Company; or 

  

	 	e.	 being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the
ordinary course of its trade or business, within the meaning of section 881(c)(3) of the Code or any successor provision; 

  

	 	2.	 to any holder that is not the sole beneficial owner of the Notes, or a portion of the Notes, or that is a
fiduciary, partnership or limited liability company, but only to the extent that a beneficiary or settlor with respect to the fiduciary, a beneficial owner or member of the partnership or limited liability company would not have been entitled to the
payment of an additional amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial or distributive share of the payment; 

 

	 	3.	 to any tax, assessment or other governmental charge that would not have been imposed but for the failure of the
holder or any other person to comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the holder or beneficial owner of the Notes, if
compliance is required by statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such tax, assessment or other
governmental charge; 

  

	 	4.	 to any tax, assessment or other governmental charge that is imposed otherwise than by withholding by the
Company or a paying agent from the payment; 

  

	 	5.	 to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property tax or
similar tax, assessment or other governmental charge; 

  

	 	6.	 to any tax, assessment or other governmental charge that would not have been imposed but for the presentation
by the holder of any Note, where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later;

  
 6 

	 	7.	 to any tax, assessment or other governmental charge required to be withheld or deducted that is imposed on a
payment pursuant to Sections 1471 through 1474 of the Code (or any amended or successor version of such Sections that is substantively comparable and not materially more onerous to comply with), any Treasury regulations promulgated thereunder, or
any other official interpretations thereof (collectively, “FATCA”), any agreement (including any intergovernmental agreement) entered into in connection therewith, or any law, regulation or other official guidance enacted in any
jurisdiction implementing FATCA or an intergovernmental agreement in respect of FATCA; 

  

	 	8.	 any tax, assessment or other governmental charge that is imposed or withheld solely by reason of a change in
law, regulation, or administrative or judicial interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; 

 

	 	9.	 any tax, assessment or other governmental charge imposed by reason of the failure of the beneficial owner to
fulfill the statement requirements of Section 871(h) or Section 881(c) of the Code; 

  

	 	10.	 any tax imposed pursuant to Section 871(h)(6) or 881(c)(6) of the Code (or any amended or successor
provisions); or 

  

	 	11.	 in the case of any combination of items (1) through (10). 

Except as specifically provided above, the Company will not be required to pay additional amounts in respect of any tax, assessment or other
governmental charge. References in this Note to any payment on the Notes include the related payment of additional amounts, as applicable. 

The term “United States” means the United States of America, any state thereof, and the District of Columbia, and the term
“United States person” means (i) any individual who is a citizen or resident of the United States for U.S. federal income tax purposes, (ii) a corporation, partnership or other entity created or organized in or under the laws of
the United States, any state thereof or the District of Columbia (other than a partnership that is not treated as a United States person for U.S. federal income tax purposes), (iii) any estate the income of which is subject to U.S. federal income
taxation regardless of its source, or (iv) any trust if a U.S. court can exercise primary supervision over the administration of the trust and one or more United States persons can control all substantial trust decisions, or if a valid election
is in place to treat the trust as a United States person. 
 If, as a result of any change in, or amendment to, the laws of the United
States or the official interpretation thereof that is announced or becomes effective on or after October 28, 2022, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, will become obligated to pay
additional amounts as described above with respect to the Notes, then the Company may at any time at the Company’s option redeem, in whole, but not in part, the Notes of this series on not less than 10 nor more than 60 days’ prior notice,
at a redemption price equal to 100% of their principal amount, plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. 

  
 7 

 If an Event of Default with respect to the Note shall occur and be continuing, the Trustee
or the Holders of not less than 25% in principal amount of the Outstanding Notes may declare the principal of all the Notes due and payable in the manner and with the effect provided in the Indenture. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities of each series under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the Securities at the time
Outstanding of each series to be affected thereby (voting as a class). The Indenture also contains provisions permitting the Holders of a majority in aggregate principal amount of the Securities of each series to be affected at the time Outstanding,
on behalf of the Holders of all Securities of each such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the
Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such
consent or waiver is made upon this Note. 
 Except as provided below in the case of a defeasance, no reference herein to the Indenture and
no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency,
herein and in the Indenture prescribed. 
 Under the terms of the Indenture, the Company may satisfy and discharge its obligations with
respect to the Notes by depositing in trust for the Holders of the Outstanding Notes an amount in cash or the equivalent in securities of the government which issued the currency in which the Notes are denominated or government agencies backed by
the full faith and credit of such government sufficient to pay and discharge the entire indebtedness on the Notes for principal of and premium, if any, and interest then due or to become due to the Stated Maturity of the principal of the Notes (a
“defeasance”). In such event, a Company will be released and discharged from its obligations to pay interest on the Notes and to pay the principal thereof at its Maturity. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note may be registered on the Note
Register of the Company upon surrender of this Note for registration of transfer at the office or agency of the Company in London duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Note
Registrar duly executed by, the Holder hereof or by his attorney duly authorized in writing, and thereupon one or more new Notes in registered form, of authorized denominations and for the same aggregate principal amount, will be issued in the name
or names of the designated transferee or transferees and delivered at the office of the Note Registrar in London, or mailed, at the request, risk and expense of such transferee or transferees, to the address or addresses shown in the Note Register
for such transferee or transferees. 

  
 8 

 Prior to due presentment of this Note for registration of transfer, the Company, the
Trustee, the Note Registrar and any agent of the Company, the Trustee or the Note Registrar may treat the person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note is overdue, and neither the
Company, the Trustee, the Note Registrar nor any such agent shall be affected by notice to the contrary. 
 This Note is issuable only in
fully registered form, without coupons, in minimum denominations of €100,000 and any integral multiple of €1,000 in excess thereof. 

No service charge will be made for a transfer or exchange of the Notes, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith. 
 This Note (the “Global Note”) is a Global Security as
referred to in the Indenture and is not exchangeable for one or more certificated Notes; provided, however, that if at any time the Depository notifies the Company that it is unwilling or unable to continue as Depository or if at any time the
Depository shall no longer be eligible or in good standing under the Securities Exchange Act of 1934, as amended, or any other applicable statute or regulation, the Company shall appoint a successor Depository. If a successor Depository is not
appointed by the Company within 90 days after the Company receives such notice or becomes aware of such ineligibility, the Company will execute, and the Trustee or its agent, upon receipt of a Corporation Order for the authentication and delivery of
individual Notes of this series in exchange for this Global Note, will authenticate and deliver, individual Notes of this series in an aggregate principal amount equal to the principal amount of this Global Note in exchange for this Global Note.

 In addition, the Company may at any time and in its sole discretion determine that the Notes represented by this Global Note shall no
longer be represented by this Global Note. In such event the Company will execute, and the Trustee or its agent, upon receipt of a Corporation Order for the authentication and delivery of individual Notes of this series in exchange for this Global
Note, will authenticate and deliver, individual Notes of this series in an aggregate principal amount equal to the principal amount of this Global Note in exchange for this Global Note. 

This Note and all the obligations of the Company hereunder are direct, senior unsecured and unsubordinated obligations of the Company and rank
pari passu with all other senior unsecured and unsubordinated indebtedness of the Company from time to time outstanding. 

This Note shall be construed in accordance with and governed by the laws of the State of New York. 

Unless the certificate of authentication hereon has been manually executed by or on behalf of the Trustee under the Indenture, this Note shall
not be entitled to any benefits under the Indenture or be valid or obligatory for any purpose. 

  
 9 

 IN WITNESS WHEREOF, HONEYWELL INTERNATIONAL INC. has caused this Note to be manually
executed under its corporate seal. 
  

					
	Dated: November 2, 2022	 	
		
	[Seal]	 	HONEYWELL INTERNATIONAL INC.
			
		 	By:	 	  

		 	Name:	 	
		 	Title:	 	

							
	ATTEST:	 		 	
				
	By:	 	  
	 		 	
	Name:	 		 		 	
	Title:	 		 		 	

 [Signature Page – Global Note] 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out
in full according to applicable laws or regulations. 
 TEN COM–as tenants in common 

UNIF GIFT MIN
ACT–                                       
                                         
    Custodian                                  
                                         
                          

Under Uniform Gifts to Minors Act 
  

 
 TEN ENT–as
tenants by the entireties 
 JT TEN–as joint tenants with right of survivorship and not as tenants in common 

Additional abbreviations may also be used though not in the above list. 

FOR THE VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

Please Insert Social Security or Other 
 Identifying Number of
Assignee: 
  

                          
                                       

 
   

 
 PLEASE PRINT OR TYPEWRITE NAME AND
ADDRESS 
 INCLUDING ZIP CODE OF ASSIGNEE: 
  

  
  

 
   

 
  

  
  

the within Note and all rights thereunder, hereby irrevocably constituting and appointing
                     attorney to transfer said Note on the books of the Company, with full power of substitution in the premises. 

 

							
	Dated:	  	  
	  	        	  	  

 NOTICE: The signature to
this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement, or any change whatever. 

 Unless the certificate of authentication hereon has been executed by the Trustee referred to
on the reverse hereof by manual signature of one of its authorized signatories, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose 

 

					
	Dated: November 2, 2022	 	CERTIFICATE OF AUTHENTICATION
		
		 	This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.
		
		 	Deutsche Bank Trust Company Americas, as Trustee
		
		 	By: Deutsche Bank National Trust Company
			
		 	By:	 	  

		 		 	 Name:

		 		 	 Title:

 [Signature Page – Global Note]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00349-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00349-of-00352.parquet"}]]