Document:

NORTHROP GRUMMAN ELECTRONIC SYSTEMS EXECUTIVE PENSION PLAN

 Exhibit 10(n) 
 NORTHROP GRUMMAN 
 ELECTRONIC SYSTEMS EXECUTIVE PENSION PLAN 

(Amended and Restated Effective as of January 1, 2012) 

 TABLE OF CONTENTS 

 

							
	 ARTICLE 1—Introduction
	  	 	2	  
			
		  	 Section 1.01. Introduction
	  	 	2	  
		  	 Section 1.02. Effective Date
	  	 	2	  
		  	 Section 1.03. Sponsor
	  	 	2	  
		  	 Section 1.04. Predecessor Plan
	  	 	2	  
		  	 Section 1.05. 2001 Reorganization
	  	 	2	  
		
	 ARTICLE 2—Definitions
	  	 	3	  
		  	 Section 2.01. Affiliated Companies
	  	 	3	  
		  	 Section 2.02. Annual Incentive Programs
	  	 	3	  
		  	 Section 2.03. Average Annual Compensation
	  	 	3	  
		  	 Section 2.04. Board
	  	 	3	  
		  	 Section 2.05. Code
	  	 	3	  
		  	 Section 2.06. Committee
	  	 	3	  
		  	 Section 2.07. Company
	  	 	3	  
		  	 Section 2.08. Defined Contribution Plan
	  	 	3	  
		  	 Section 2.09. Designated Entity
	  	 	3	  
		  	 Section 2.10. ERISA
	  	 	4	  
		  	 Section 2.11. ES Pension Plan
	  	 	4	  
		  	 Section 2.12. Executive
	  	 	4	  
		  	 Section 2.13. Executive Benefit Service
	  	 	4	  
		  	 Section 2.14. Executive Pension Base
	  	 	4	  
		  	 Section 2.15. Executive Pension Supplement
	  	 	4	  
		  	 Section 2.16. Grandfathered Amounts
	  	 	5	  
		  	 Section 2.17. Key Employee
	  	 	5	  
		  	 Section 2.18. Maximum Contribution
	  	 	5	  
		  	 Section 2.19. Participating Company
	  	 	5	  
		  	 Section 2.20. Payment Date
	  	 	6	  
		  	 Section 2.21. Pension Plan and Pension Plans
	  	 	6	  
		  	 Section 2.22. Plan
	  	 	6	  
		  	 Section 2.23. Qualified Plan Benefit
	  	 	6	  
		  	 Section 2.24. Retirement Eligible
	  	 	7	  
		  	 Section 2.25. Separation from Service or Separates from Service
	  	 	7	  
		  	 Section 2.26. Westinghouse
	  	 	7	  
		  	 Section 2.27. Westinghouse Acquisition
	  	 	7	  
		  	 Section 2.28. Westinghouse Plan
	  	 	7	  

							
	 ARTICLE 3—Qualification for Benefits; Mandatory Retirement
	  	 	7	  
		  	 Section 3.01. Qualification for Benefits
	  	 	8	  
		  	 Section 3.02. Mandatory Retirement
	  	 	9	  
		  	 Section 3.03. Certain Transfers
	  	 	9	  
		
	 ARTICLE 4—Calculation of Executive Pension Supplement
	  	 	9	  
		  	 Section 4.01. In General
	  	 	9	  
		  	 Section 4.02. Amount
	  	 	9	  
		
	 ARTICLE 5—Death in Active Service
	  	 	10	  
		  	 Section 5.01. Eligibility For an Immediate Benefit
	  	 	10	  
		  	 Section 5.02. Calculation of Immediate Benefit
	  	 	10	  
		  	 Section 5.03. Eligibility For a Deferred Benefit
	  	 	11	  
		  	 Section 5.04. Calculation of Deferred Benefit
	  	 	11	  
		
	 ARTICLE 6—Executive Pension Base
	  	 	11	  
		  	 Section 6.01. In General
	  	 	11	  
		  	 Section 6.02. Executive Pension Base
	  	 	11	  
		  	 Section 6.03. Average Annual Compensation
	  	 	11	  
		  	 Section 6.04. Annual Incentive Programs
	  	 	12	  
		  	 Section 6.05. Executive Benefit Service
	  	 	12	  
		
	 ARTICLE 7—Payment of Benefits
	  	 	13	  
		  	 Section 7.01. Limitation on Benefits
	  	 	13	  
		  	 Section 7.02. Normal Form and Commencement of Benefits
	  	 	13	  
		  	 Section 7.03. Guaranteed Benefit
	  	 	14	  
		  	 Section 7.04. Guaranteed Surviving Spouse Benefit
	  	 	14	  
		  	 Section 7.05. Lump Sum Payments
	  	 	14	  
		  	 Section 7.06. Mandatory Cashout
	  	 	14	  
		  	 Section 7.07. Optional Payment Forms
	  	 	15	  
		  	 Section 7.08. Rehires
	  	 	15	  
		  	 Section 7.09. Special Tax Distribution
	  	 	15	  
		
	 ARTICLE 8—Conditions to Receipt of Executive Pension Supplement
	  	 	15	  
		  	 Section 8.01. Non-Competition Condition
	  	 	16	  
		  	 Section 8.02. Breach of Condition
	  	 	16	  
		  	 Section 8.03. Waiver After 65
	  	 	16	  
		
	 ARTICLE 9—Administration
	  	 	16	  
		  	 Section 9.01. Committee
	  	 	16	  
		  	 Section 9.02. Claims Procedures
	  	 	16	  
		  	 Section 9.03. Trust
	  	 	17	  

  
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	 ARTICLE 10—Modification or Termination
	  	 	17	  
		  	 Section 10.01. Amendment and Plan Termination
	  	 	17	  
		
	 ARTICLE 11—Miscellaneous
	  	 	17	  
		  	 Section 11.01. Benefits Not Assignable
	  	 	17	  
		  	 Section 11.02. Facility of Payment
	  	 	18	  
		  	 Section 11.03. Committee Rules
	  	 	18	  
		  	 Section 11.04. Limitation on Rights
	  	 	18	  
		  	 Section 11.05. Benefits Unsecured
	  	 	18	  
		  	 Section 11.06. Governing Law
	  	 	18	  
		  	 Section 11.07. Severability
	  	 	18	  
		  	 Section 11.08. Expanded Benefits
	  	 	19	  
		  	 Section 11.09. Plan Costs
	  	 	19	  
		  	 Section 11.10. Termination of Participation
	  	 	19	  
		  	 Section 11.11. Transfer of Liabilities to HII
	  	 	19	  
		
	 ARTICLE 12—Change in Control
	  	 	19	  
		  	 Section 12.01. Definition
	  	 	19	  
		  	 Section 12.02. Vesting and Funding Rules
	  	 	20	  
		  	 Section 12.03. Special Retirement Provisions
	  	 	21	  
		  	 Section 12.04. Calculation of Present Value
	  	 	21	  
		  	 Section 12.05. Calculation of Offset
	  	 	22	  
		  	 Section 12.06. Limitation on Amendment, Suspension and Termination
	  	 	22	  
		
	 APPENDIX A—Executive Buyback
	  	 	23	  
		  	 Section A.01. Introduction
	  	 	23	  
		  	 Section A.02. Buy Back Offer
	  	 	23	  
		  	 Section A.03. One-Time Opportunity
	  	 	23	  
		  	 Section A.04. Payment
	  	 	23	  
		  	 Section A.05. Refund of Buy Back Payment
	  	 	23	  
		  	 Section A.06. Effective Date
	  	 	24	  
		
	 APPENDIX B—Rehired Executives
	  	 	25	  
		  	 Section B.01. Retired Executives Rehired as Executives
	  	 	25	  
		  	 Section B.02. Former Executives with Vested Pensions Rehired as Executives
	  	 	26	  
		  	 Section B.03. Retired Executives Rehired in Non-Executive Positions
	  	 	27	  
		  	 Section B.04. Events That Span Westinghouse Acquisition
	  	 	27	  
		  	 Section B.05. Breaks Spanning March 1, 1996
	  	 	27	  
		
	 APPENDIX C—Coordination With Westinghouse Plan
	  	 	29	  

  
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		  	 Section C.01. In General
	  	 	29	  
		  	 Section C.02. Pre-Acquisition Benefits
	  	 	29	  
		  	 Section C.03. Coordination of Pre and Post-Acquisition Benefits
	  	 	29	  
		  	 Section C.04. No Duplication of Benefits
	  	 	29	  
		
	 APPENDIX D 2005-2007 Transition Rules
	  	 	30	  
		  	 Section D.01. Election
	  	 	30	  
		  	 Section D.02. 2005 Commencements
	  	 	30	  
		  	 Section D.03. 2006 and 2007 Commencements
	  	 	31	  
		
	 APPENDIX E Post 2007 Distribution of 409A Amounts
	  	 	32	  
		  	 Section E.01. Time of Distribution
	  	 	32	  
		  	 Section E.02. Special Rule for Key Employees
	  	 	32	  
		  	 Section E.03. Forms of Distribution
	  	 	32	  
		  	 Section E.04. Death
	  	 	32	  
		  	 Section E.05. Actuarial Assumptions
	  	 	33	  
		  	 Section E.06. Accelerated Lump Sum Payouts
	  	 	33	  
		  	 Section E.07. Effect of Early Taxation
	  	 	34	  
		  	 Section E.08. Permitted Delays
	  	 	34	  
		
	 APPENDIX F Committees and Appointments
	  	 	35	  

  
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 NORTHROP GRUMMAN 
 ELECTRONIC SYSTEMS EXECUTIVE PENSION PLAN 
 (Amended and Restated Effective as of
January 1, 2012) 
 The Northrop Grumman Electronic Systems Executive Pension Plan (the “Plan”) is hereby amended
and restated effective as of January 1, 2012, except as otherwise provided. This restatement of the Plan amends the January 1, 2011 restatement and includes changes that apply to Grandfathered Amounts. 

The Plan is intended to comply with Code section 409A and official guidance issued thereunder (except for Grandfathered Amounts).
Notwithstanding any other provision of this Plan, this Plan shall be interpreted, operated and administered in a manner consistent with this intention. 
 Effective as of December 31, 2014, the accrued benefits for all Executives under this Plan shall be frozen. An Executive’s benefit under this Plan will be based on his Executive Benefit Service
and his Average Annual Compensation as of December 31, 2014, or at such earlier date that the Participant ceases to be eligible for this Plan, less the applicable offsets, determined on December 31, 2014, or such earlier applicable date.
An Executive’s service after December 31, 2014 will be considered for purposes of his eligibility, his vesting status, his early retirement eligibility, and calculating the early retirement reductions related to his frozen benefit.

 ARTICLE 1 
 Introduction 
 Section 1.01. Introduction. The Northrop
Grumman Electronic Systems Executive Pension Plan is a supplemental pension plan that provides nonqualified deferred compensation for a select group of management or highly compensated employees. 

Section 1.02. Effective Date. The Plan became effective March 1, 1996. 

Section 1.03. Sponsor. The Plan sponsor is Northrop Grumman Corporation. 

Section 1.04. Predecessor Plan. The Plan was established as a successor to the Westinghouse Executive Pension Plan,
maintained by Westinghouse Electric Corporation (“Westinghouse”) for the benefit of certain executive employees of the Westinghouse Electronic Systems Group as of February 29, 1996 who became employees of the Northrop Grumman
Electronic Sensors & Systems Division as of March 1, 1996 as a result of the Westinghouse Acquisition, and certain other executive employees who may become employed by the Northrop Grumman Electronic Sensors & Systems Division
on or after March 1, 1996. The Northrop Grumman Electronic Sensors & Systems Division became the Northrop Grumman Electronic Sensors & Systems Sector effective August 24, 1998. 

Section 1.05. 2001 Reorganization. Effective as of the 2001 Reorganization Date in (d), the corporate structure of
Northrop Grumman Corporation and its affiliates was modified. Effective as of the Litton Acquisition Date in (e), Litton Industries, Inc. was acquired and became a subsidiary of the Northrop Grumman Corporation (the “Litton Acquisition”).

 (a) The former Northrop Grumman Corporation was renamed Northrop Grumman Systems Corporation. It became a wholly-owned
subsidiary of the new parent of the reorganized controlled group. 
 (b) The new parent corporation resulting from the
restructuring is called Northrop Grumman Corporation. All references in this Plan to the former Northrop Grumman Corporation and its Board of Directors now refer to the new parent corporation bearing the same name and its Board of Directors.

 (c) As of the 2001 Reorganization Date, the new Northrop Grumman Corporation became the sponsor of this Plan, and its Board
of Directors assumed authority over this Plan. 
 (d) 2001 Reorganization Date. The date as of which the corporate
restructuring described in (a) and (b) occurred. 

  
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 (e) Litton Acquisition Date. The date as of which the conditions for the completion
of the Litton Acquisition were satisfied in accordance with the Amended and Restated Agreement and Plan of Merger Among Northrop Grumman Corporation, Litton Industries, Inc., NNG, Inc., and LII Acquisition Corp. 

ARTICLE 2 

Definitions 
 Capitalized terms which are defined in the ES Pension Plan will have the same meanings in this Plan unless otherwise expressly stated. In addition, the following terms when used and capitalized will have
the following meanings: 
 Section 2.01. Affiliated Companies. The Company and any other entity related to
the Company under the rules of section 414 of the Code. The Affiliated Companies include Northrop Grumman Corporation and its 80%-owned subsidiaries and may include other entities as well. 

Section 2.02. Annual Incentive Programs. See Article 6. 

Section 2.03. Average Annual Compensation. See Article 6. 

Section 2.04. Board. Board means the Board of Directors of Northrop Grumman Corporation, or its delegate. 

Section 2.05. Code. The Internal Revenue Code of 1986, as amended, and as it may be amended. 

Section 2.06. Committee. A committee of not less than three members appointed by the Board with responsibility for the
general administration of the Plan. The Committee is the “plan administrator” under ERISA. 

Section 2.07. Company. Northrop Grumman Corporation. 

Section 2.08. Defined Contribution Plan. A defined contribution plan within the meaning of ERISA § 3(34), but not
including: 
 (a) the Northrop Grumman Electronic Systems Savings Program or any similar program of a Participating Company or a
Designated Entity or 
 (b) any amount received pursuant to a cash or deferred arrangement (as that term is defined in the Code)
maintained by a Participating Company or a Designated Entity. 
 Section 2.09. Designated Entity. Designated
Entity means an Affiliated Company or other entity that has been and is still designated by the Committee as participating in the Plan. 

  
 - 3 -

 Section 2.10. ERISA. The Employee Retirement Income Security Act of 1974,
as amended, and as it may be amended. 
 Section 2.11. ES Pension Plan. The Northrop Grumman Electronic
Systems Pension Plan, formerly known as the ESSD Pension Plan. 
 Section 2.12. Executive. Executive means an
individual who satisfies (a) and (b) and is not excluded by (c) or (d): 
 (a) An Employee who is employed by ES
(or by a Participating Company, Designated Entity, or other Affiliated Company) in a position that is determined by the Company’s Chief Executive Officer or Vice President and Chief Human Resources and Administrative Officer to be eligible as
an Executive position under this Plan based on the duties and responsibilities of the position. 
 (b) The Employee has been
notified by the Committee in writing that he or she is eligible for benefits under the Plan. 
 (c) No Employee may receive
benefits under this Plan if he or she is currently accruing supplemental benefits under any other nonqualified deferred compensation plan, contract, or arrangement maintained by the Affiliated Companies or to which the Affiliated Companies
contribute with the exception of the Officers Supplemental Executive Retirement Program under the Northrop Grumman Supplemental Plan 2. 
 (d) Notwithstanding any provision of the Plan to the contrary, effective as of July 1, 2003, no Employee will first become eligible to participate in the Plan or otherwise receive credit for service
or compensation for purposes of calculating a benefit under the Plan unless the Employee was classified as an Executive eligible to participate in the Plan before that date. Executives that terminate employment and are later rehired into positions
that are determined to be eligible as Executive positions under the Plan will be eligible to resume participation in the Plan and will be subject to Appendix B. 
 Section 2.13. Executive Benefit Service. See Article 6. 

Section 2.14. Executive Pension Base. See Article 6. 

Section 2.15. Executive Pension Supplement. The pension calculated pursuant to Articles 4 and 5 of this Plan. There
will be no Executive Pension Supplement payable if the Executive’s Qualified Plan Benefit equals or exceeds his or her Executive Pension Base. 

  
 - 4 -

 Section 2.16. Grandfathered Amounts. Plan benefits that were earned and
vested as of December 31, 2004 within the meaning of Code section 409A and official guidance thereunder. 

Section 2.17. Key Employee. An employee treated as a “specified employee” under Code section
409A(a)(2)(B)(i) of the Company or the Affiliated Companies (i.e., a key employee (as defined in Code section 416(i) without regard to paragraph (5) thereof)) if the Company’s or an Affiliated Company’s stock is publicly traded on an
established securities market or otherwise. The Company shall determine in accordance with a uniform Company policy which Executives are Key Employees as of each December 31 in accordance with IRS regulations or other guidance under Code
section 409A, provided that in determining the compensation of individuals for this purpose, the definition of compensation in Treas. Reg. § 1.415(c)-2(d)(3) shall be used. Such determination shall be effective for the twelve
(12) month period commencing on April 1 of the following year. 
 Section 2.18. Maximum
Contribution. An Employee will be deemed to have made the Maximum Contribution if he or she has made the contributions under (a) and (b), as interpreted under (c): 
 (a) During such time as the Employee was eligible to participate in the ES Pension Plan and the Westinghouse Pension Plan, he or she contributed the maximum amount the Employee was permitted to contribute
under those plans, and 
 (b) During such time as the Employee was employed by a Designated Entity (which includes for this
purpose a “Designated Entity” under the Westinghouse Plan during periods before the Westinghouse Acquisition), 
 (1)
The Employee contributed the maximum amount he or she was permitted to contribute, if any, to that Designated Entity’s defined benefit pension or Defined Contribution Plan, if any, and 

(2) The Employee paid to the Company (or to Westinghouse, before the Westinghouse Acquisition) an amount of each of his or her annual
incentive compensation awards based on the maximum ES Pension Plan contribution formula (or Westinghouse Pension Plan contribution formula, as appropriate) applied to 50% of his or her awards. This payment is pre-tax and is made by a deferral
election entered into prior to the year in which the annual incentive compensation award is determined and paid. 
 (c) This
Plan is intended as essentially a continuation of the Westinghouse Plan (see Appendix C). Accordingly, this Section is to be interpreted as requiring an Executive to have made the Maximum Contribution not only under this Plan but also under the
Westinghouse Plan. 
 Section 2.19. Participating Company. Any of the “Participating Companies”
under the ES Pension Plan. 

  
 - 5 -

 Section 2.20. Payment Date. The 1st of the month coincident with or
following the later of (a) the date the Executive attains age 55, or (b) the date the Executive Separates from Service. 
 Section 2.21. Pension Plan and Pension Plans. Any of the following: 
  

	 	(a)	The Northrop Grumman Retirement Plan 

  

	 	(b)	The Northrop Grumman Retirement Plan – Rolling Meadows Site 

  

	 	(c)	The Northrop Grumman Retirement Value Plan (effective as of January 1, 2000) 

 

	 	(d)	The Northrop Grumman Electronics Systems – Space Division Salaried Employees’ Pension Plan (effective as of the Aerojet Closing Date)

  

	 	(e)	The Northrop Grumman Electronics Systems – Space Division Union Employees’ Pension Plan (effective as of the Aerojet Closing Date) 

“Aerojet Closing Date” means the Closing Date specified in the April 19, 2001 Asset Purchase Agreement by and Between
Aerojet-General Corporation and Northrop Grumman Systems Corporation. 
 Section 2.22. Plan. The Northrop
Grumman Electronic Systems Executive Pension Plan. 
 Section 2.23. Qualified Plan Benefit. 

(a) The Qualified Plan Benefit is equal to the sum of: 
  

	 	(1)	the annual amount of pension the Executive has accrued under the ES Pension Plan and any applicable defined benefit pension plan of a Designated Entity based on Benefit
Service accumulated up to the earlier of the Executive’s actual retirement date or death; 

  

	 	(2)	the amount the Executive is entitled to receive on a life annuity basis for retirement under any applicable Defined Contribution Plan of a Designated Entity;

  

	 	(3)	in any case where service included in the Executive’s Vesting Service also entitles that Executive to benefits under one or more retirement plans (whether a
defined benefit or Defined Contribution Plan or both) of another company, the amount the Executive is entitled to receive on a life annuity basis for retirement from those plans; and 

  
 - 6 -

	 	(4)	the amount of any “Qualified Plan Benefits” taken into account under the Westinghouse Plan (or which would have been taken into account, but for the
Westinghouse Acquisition) with respect to plans that were not acquired by the Affiliated Companies as part of the Westinghouse Acquisition; 

 provided, the method of benefit measurement, in the case of (2), (3) and (4) above, will be on the basis of procedures determined by the Committee on a plan-by-plan basis. 

(b) The Qualified Plan Benefit does not include any early pension retirement supplement. 

(c) The term Qualified Plan Benefit will also include amounts accrued under an excess benefit plan or other similar arrangement in which
the Executive is a participant. 
 Section 2.24. Retirement Eligible. An Executive is Retirement Eligible if
he or she is accruing Vesting Service and: 
 (a) has attained age 65 and completed five or more years of Vesting Service;

 (b) has attained age 60 and completed 10 or more years of Vesting Service; 

(c) has attained age 58 and completed 30 or more years of Vesting Service; or 

(d) has satisfied the requirements for an immediate pension under the Special Retirement Benefit provisions of the ES Pension Plan.

 Section 2.25. Separation from Service or Separates from Service. A “separation from service”
within the meaning of Code section 409A. 
 Section 2.26. Westinghouse. Westinghouse Electric Corporation.

 Section 2.27. Westinghouse Acquisition. The acquisition by Northrop Grumman Corporation of the Electronic
Systems Group of Westinghouse effective March 1, 1996. 
 Section 2.28. Westinghouse Plan. The
Westinghouse Executive Pension Plan, as it existed from time to time. 
 ARTICLE 3 

Qualification for Benefits; Mandatory Retirement 

  
 - 7 -

 Section 3.01. Qualification for Benefits. Subject to Article 8 and other
applicable provisions of the Plan, if any, each Executive will be entitled to the benefits of this Plan on separation from service from a Participating Company, a Designated Entity, or any other Affiliated Company, provided that such Executive meets
the following four conditions: 
 (a) He or she has been employed in a position that meets the definition of Executive for five
or more continuous years immediately preceding the earlier of the Executive’s actual retirement date or the Executive’s Normal Retirement Date. For purposes of this five-year requirement (but not for purposes of determining Executive
Benefit Service under Section 6.05), the General Manager of ES and the Vice President of Human Resources for ES may determine that one or more years of an Employee’s service with an Affiliated Company prior to the Employee’s transfer
to ES shall be counted as having been in an Executive position. 
 (b) He or she has made the Maximum Contribution during each
year of Vesting Service from the date he or she first became an Executive until the earliest of his or her date of death, actual retirement date or Normal Retirement Date; 
 (c) He or she is a participant in the ES Pension Plan or in the defined benefit plan or Defined Contribution Plan of a Designated Entity, if any; 

(d) He or she is Retirement Eligible on the date of voluntary or involuntary separation from service from a Participating Company or a
Designated Entity or, in the case of a Surviving Spouse benefit, satisfies the requirements for benefits under Article 5 of the Plan. 
 An Executive who meets the following requirements will be treated as “Retirement Eligible” even though not meeting the Plan’s definition of this term: 

(1) The Executive is involuntarily terminated without cause, or terminated due to a divestiture of his business unit on or after
December 1, 2010, 
 (2) The Executive has attained age 53 with 10 or more years of Early Retirement Eligibility Service,
or 75 points (age plus Years of Credited Service) at date of termination, and 
 (3) The Executive is actively accruing benefits
at date of termination and has satisfied both the rule of Section 3.01(a) and the rule of Section 3.01(b) on the date of termination. 
 Benefits that become payable based on the Executive’s termination meeting the three requirements above shall be subject to Code Section 409A and payable in accordance with the terms of Appendix
E. Reduction factors will apply in cases where benefit payments commence prior to age 58 (if the Executive has 30 or more years of Vesting Service) or age 60 (if the Executive has 10 - 29 years of Vesting Service). The reduction will be an actuarial
one from age 58 or 60 (whichever age applies) to the actual payment commencement date. The reduction factor will be based on the actuarial assumptions used for determining lump sum actuarial equivalents in the Northrop Grumman Cash Balance Plan
Program. 

  
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 Section 3.02. Mandatory Retirement. Pursuant to this Plan, the Company
will be entitled, at its option, to retire any Executive who has attained age 65 and who, for the two-year period immediately before his or her retirement, has participated in this Plan, if such Executive is entitled to an immediate nonforfeitable
annual retirement benefit from a pension, profit-sharing, savings or deferred compensation plan, or any combination of such plans, of a Participating Company or any Affiliated Company, which equals, in the aggregate, at least $44,000. The
calculation of the $44,000 (or greater) amount will be performed in a manner consistent with 29 U.S.C. § 631(c)(2). 

Section 3.03. Certain Transfers. Except as otherwise provided in (e) below, if an Executive transfers to a
position with an Affiliated Company that is not covered by a Participating Company or Designated Entity: 
 (a) He or she will
immediately cease to accrue Executive Benefit Service. 
 (b) He or she will continue to earn Vesting Service (for purposes of
the Plan other than Executive Benefit Service) for periods of employment with the Affiliated Company. 
 (c) His or her Average
Annual Compensation will include earnings as an employee from the Affiliated Company for periods after the transfer until his or her termination of employment with all Affiliated Companies. 

(d) He or she may receive benefits under the Plan if he or she subsequently retires from the Company and satisfies the Plan’s
eligibility requirements. 
 (e) Effective as of July 1, 2003, if an Executive transfers to a position with an Affiliated
Company that has been determined by the Company’s Chief Executive Officer or Vice President and Chief Human Resources and Administrative Officer to be an eligible position under the Plan, (a)-(d) above will not apply and the Executive will
continue to be classified as an active participant for all purposes under the Plan until the Executive’s separation from service from all Affiliated Companies. 
 ARTICLE 4 
 Calculation of Executive Pension Supplement 

Section 4.01. In General. The Executive Pension Supplement for an Executive who meets the qualifications of Article 3
of the Plan retiring on an Early, Normal or Special Retirement Date will be calculated as described in Section 4.02(a) or (b). 
 Section 4.02. Amount. 
 (a) If the Executive 

  
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 (1) has attained age 60 and completed 10 or more years of Vesting Service, 

(2) has attained age 65, or 
 (3) has satisfied the eligibility requirements for an immediate pension under the “Special Retirement Benefit” provisions of the ES Pension Plan, 

the Executive Pension Supplement is determined by subtracting the Executive’s Qualified Plan Benefit that would be payable if he or she elected a
Life Annuity Option (after any reduction for early retirement, if applicable) from his or her Executive Pension Base. 
 (b) If
the Executive has not met the requirements of paragraph (a) above but has attained age 58 and completed 30 or more years of Vesting Service, the Executive Pension Supplement is determined by subtracting the Executive’s Qualified Plan
Benefit that would be payable if he or she elected a Life Annuity Option (before any reduction for retirement prior to age 60) from his or her Executive Pension Base. 
 (c) If the Executive has not met the requirements of paragraph (a) or (b) above but is deemed to be Retirement Eligible under Section 3.01(d) based on the circumstances of the
Executive’s termination, the Executive Pension Supplement is determined by subtracting the Executive’s Qualified Plan Benefit projected to age 60 as a Life Annuity from his or her Executive Pension Base. 

ARTICLE 5 

Death in Active Service 
 Section 5.01. Eligibility For an Immediate Benefit. If an Executive dies in active service and, on his or her date of death, satisfies the requirements of the “Special Surviving
Spouse Benefit” under the ES Pension Plan and satisfied the requirements of Section 3.01(b) and (c) of this Plan at the time of death, a Surviving Spouse benefit will also be payable under this Plan if his or her Executive Pension
Base exceeds his or her Qualified Plan Benefit. The requirement of Section 3.01(a) is waived. 
 Section 5.02.
Calculation of Immediate Benefit. The amount of the immediate Surviving Spouse benefit under Section 5.01 will be the Executive Pension Supplement reduced in the same manner as though the benefit were a “Special Surviving Spouse
Benefit” under the ES Pension Plan. For purposes of this Section, the Executive Pension Supplement will be calculated as follows: 
 (a) If the Executive had attained age 60 or if the Executive had completed 30 years of Vesting Service, the Executive Pension Supplement would be calculated as described in Section 4.02(a);

 (b) Otherwise, the Executive Pension Supplement would be 80% of the difference between the Executive Pension Base and the
unreduced Qualified Plan Benefit. 

  
 - 10 -

 Section 5.03. Eligibility For a Deferred Benefit. If an Executive dies in
active service who does not satisfy the requirements of Section 5.01 but who satisfies the requirements of the “Surviving Spouse Benefit” under the ES Pension Plan and satisfied the requirements of Section 3.01(b) and (c) of
this Plan at the time of death, a Surviving Spouse benefit will also be payable under this Plan if his or her Executive Pension Base exceeds his or her Qualified Plan Benefit. The requirement of Section 3.01(a) is waived. 

Section 5.04. Calculation of Deferred Benefit. The amount of the deferred Surviving Spouse benefit under
Section 5.03 will be the Executive Pension Supplement reduced in the same manner as though the benefit were payable under the ES Pension Plan. For purposes of this paragraph, the Executive Pension Supplement will be calculated by subtracting
the Executive’s Qualified Plan Benefit (before any reductions) from his or her Executive Pension Base. 
 ARTICLE 6

 Executive Pension Base 
 Section 6.01. In General. This Article sets forth the rules for determining a Participant’s Executive Pension Base. 

Section 6.02. Executive Pension Base. The Executive Pension Base = (a) x (b) x (c) as follows:

 (a) 1.47%; 
 (b) Average Annual Compensation; 
 (c) the number of years of Executive Benefit
Service accrued to the earliest of: 
 (1) the Executive’s actual retirement date, or 

(2) the date of the Executive’s death. 
 Section 6.03. Average Annual Compensation. Average Annual Compensation = (a) + (b) as follows: 
 (a) 12 times the average of the five highest of the Executive’s December 1 monthly base salaries during the 10-year period immediately preceding the earliest of: 

(1) the Executive’s date of death, or 
 (2) the Executive’s actual retirement date. 

  
 - 11 -

 (b) the average of the Executive’s five highest annual incentive compensation awards
paid under the Annual Incentive Programs or equivalent annual program or programs during the 10-year period ending with the earliest of: 
 (1) the year of the Executive’s death, or 
 (2) the year of the
Executive’s actual retirement date. 
 (c) No earnings before March 1, 1996 are taken into account under this Article.

 (d) Notwithstanding the foregoing, for Executives terminating employment with the Affiliated Companies after 2004, the
averages in subsection (a) and (b) above shall be based on salaries and annual incentive compensation awards paid in 1995 or later and shall not be limited to the 10-year periods described in subsections (a) and (b). All amounts
accrued as a result of this change shall be subject to Code section 409A. 
 (e) Average Annual Compensation normally includes
only pay earned while an Executive. But see Section 3.03. 
 (f) The following shall not be considered as compensation for
purposes of determining the amount of any benefit under the Plan: 
 (1) any payment authorized by the Company’s
Compensation Committee that is (a) calculated pursuant to the method for determining a bonus amount under the Annual Incentive Programs (AIP) for a given year, and (b) paid in lieu of such bonus in the year prior to the year the bonus
would otherwise be paid under the AIP, and 
 (2) any award payment under the Northrop Grumman Long-Term Incentive Cash Plan.

 Section 6.04. Annual Incentive Programs. The Annual Incentive Programs are the Timely Awards Program,
Management Achievement Plan, the Incentive Compensation Plan, the Incentive Management Achievement Plan and the Performance Achievement Plan of the Company. 
 Section 6.05. Executive Benefit Service. An Executive’s Executive Benefit Service is determined under (a) or (b) as appropriate, and subject to (c) and (d):

 (a) Executive Benefit Service is an Executive’s total years of Vesting Service under the ES Pension Plan if: 

(l) the Executive was making the Maximum Contribution during each of those years; or 

(2) the use of the Executive Buy Back process has been authorized by the Committee and the Executive: 

  
 - 12 -

 (A) was making the Maximum Contribution during each of those years after the date he or she
first became an Executive and 
 (B) has complied with the provisions of the Executive Buy Back process (as set forth in
Appendix A) as to those years prior to his or her first becoming an Executive. 
 (b) Otherwise, Executive Benefit Service is
the Executive’s period of Vesting Service during which he or she made the Maximum Contribution. 
 (c) No service before
March 1, 1996 is taken into account under this Article. 
 (d) Notwithstanding the foregoing, for an Executive terminating
employment with the Affiliated Companies after 2004, Executive Benefit Service accruals after 2004 equal (1) minus (2) below: 
 (1) Elapsed time while the Executive was making the Maximum Contributions, including time purchased under the Executive Buy Back process (as set forth in Appendix A); 

(2) Executive Benefit Service accrued as of December 31, 2004. 

All amounts accrued as a result of this change shall be subject to Code section 409A. 

ARTICLE 7 

Payment of Benefits 
 Section 7.01. Limitation on Benefits. No benefits will be payable under this Plan to any Executive whose employment terminates for any reason other than death prior to becoming
Retirement Eligible. 
 Section 7.02. Normal Form and Commencement of Benefits. This Section only applies to
Grandfathered Amounts. The Executive Pension Supplement will be paid for life in monthly installments, each equal to l/12th of the annual amount determined in Article 4 or 5, whichever is applicable. 

(a) The Committee will determine the form and commencement of benefit payments in its sole discretion. 

(b) The Committee will choose among the various forms of payment, other than the lump sum, then available under the ES Pension Plan,
subject to the same reductions or other provisions that apply to the elected form of payment under the ES Pension Plan. 
 (c)
No payments may commence under this Plan until payments to the Executive or Surviving Spouse have commenced under the ES Pension Plan or other tax-qualified defined 

  
 - 13 -

 
benefit plan or Defined Contribution Plan maintained by a Participating Company or Designated Entity. 
 See Appendix D and Appendix E for the rules that apply to other benefits earned under the Plan. 
 Section 7.03. Guaranteed Benefit. This Section only applies to Grandfathered Amounts. Regardless of the form of payment elected by the Committee, after the Executive retires and begins
receiving an Executive Pension Supplement, a minimum of 60 times the monthly payment he or she would have received on a life annuity basis is guaranteed. 
 See Appendix D and Appendix E for the rules that apply to other benefits earned under the Plan. 
 Section 7.04. Guaranteed Surviving Spouse Benefit. This Section only applies to Grandfathered Amounts. Once a Surviving Spouse Benefit determined under Sections 5.01 and 5.02 has
commenced, a minimum of 60 times the monthly benefit payable to the Surviving Spouse is guaranteed. See Appendix D and Appendix E for distribution rules that apply to death benefits that are not Grandfathered Amounts 

Section 7.05. Lump Sum Payments. This Section only applies to Grandfathered Amounts. An Executive who elects lump sum
payments of all his or her nonqualified benefits under the Northrop Grumman Corporation Change-In-Control Severance Plan (effective August 1, 1996, as amended) or the Northrop Grumman Corporation March 2000 Change-In-Control Severance Plan
(collectively, the “CIC Plans”) is entitled to have his or her Executive Pension Supplement paid as a lump sum calculated under the terms of the applicable CIC Plan. Otherwise, Executive Pension Supplement payments are governed by the
general provisions of this Article, which do not provide for lump sum payments. 
 Northrop Grumman Corporation may, in its sole
discretion, amend or eliminate any provision of the Plan with respect to lump sum distributions at any time. This applies whether or not a Participant has already made a lump sum election. 
 See Appendix D and Appendix E for the rules that apply to other benefits earned under the Plan 
 Section 7.06. Mandatory Cashout. Notwithstanding any other provisions in the Plan, Executives with Grandfathered Amounts who have not commenced payment of such benefits prior to
January 1, 2008 will be subject to the following rules: 
 (a) Post-2007 Terminations. Executives who have a
complete termination of employment with the Affiliated Companies after 2007 will receive a lump sum distribution of the present value of their Grandfathered Amounts within two months of such termination (without interest), if such present value is
below the Code section 402(g) limit in effect at the termination. 

  
 - 14 -

 (b) Pre-2008 Terminations. Executives who had a complete termination of employment
with the Affiliated Companies before 2008 will receive a lump sum distribution of the present value of their Grandfathered Amounts within two months of the time they commence payment of their underlying qualified pension plan benefits (without
interest), if such present value is below the Code section 402(g) limit in effect at the time such payments commence. 
 For purposes of
calculating present values under this Section, the actual assumptions and calculation procedures for lump sum distributions under the Northrop Grumman Pension Plan shall be used. 

Section 7.07. Optional Payment Forms. Executives with Grandfathered Amounts shall be permitted to elect (a) or
(b) below: 
 (a) To receive their Grandfathered Amounts in any form of distribution available under the Plan at
October 3, 2004, provided that form remains available under the underlying qualified pension plan at the time payment of the Grandfathered Amounts commences. The conversion factors for these distribution forms will be based on the factors or
basis in effect under this Plan on October 3, 2004. 
 (b) To receive their Grandfathered Amounts in any life annuity form
not included in (a) above but included in the underlying qualified pension plan distribution options at the time payment of the Grandfathered Amounts commences. The conversion factors will be based on the following actuarial assumptions:

  

			
	Interest Rate:	  	6%
		
	Mortality Table:	  	RP-2000 Mortality Table projected 15 years for future standardized cash balance factors

 Section 7.08. Rehires. In the event that an Executive retires or otherwise ceases to
be an Employee of a Participating Company or a Designated Entity and is later rehired by one of those entities, the provisions of Appendix B will apply. 
 Section 7.09. Special Tax Distribution. On the date an Executive’s retirement benefit is reasonably ascertainable within the meaning of IRS regulations under Code section
3121(v)(2), an amount equal to the Executive’s portion of the FICA tax withholding will be distributed in a single lump sum payment. This payment will be based on all benefits under the Plan, including Grandfathered Amounts. This payment will
reduce the Executive’s future benefit payments under the Plan on an actuarial basis. 
 ARTICLE 8 

  
 - 15 -

 Conditions to Receipt of Executive Pension Supplement 

Section 8.01. Non-Competition Condition. Payments of benefits under this Plan to Executives are subject to the
condition that the recipient will not compete with the Company. 
 (a) Competition for this purpose means engaging directly or
indirectly in any business which is at the time competitive with any business, part of a business, or activity then conducted by the Company, any of its subsidiaries or any other corporation, partnership, joint venture or other entity of which the
Company directly or indirectly holds a 10% or greater interest (together, the “Affiliated Group”) in the area in which such business, part of a business, or activity is then being conducted by the Affiliated Group. 

(b) The condition of this Section may be waived with respect to a recipient but only in writing and only by the Compensation Committee of
the Board. 
 Section 8.02. Breach of Condition. Breach of the condition contained in Section 8.01 will
be deemed to occur immediately upon an Executive’s engaging in competitive activity. 
 (a) Payments suspended for breach
of the condition will not be resumed whether or not the Executive terminates the competitive activity. 
 (b) A recipient will
be deemed to be engaged in such a business indirectly if he or she is an employee, officer, director, trustee, agent or partner of, or a consultant or advisor to or for, a person, firm, corporation, association, trust or other entity which is
engaged in such a business or if he or she owns, directly or indirectly, in excess of 5% of any such firm, corporation, association, trust or other entity. 
 Section 8.03. Waiver After 65. The ongoing condition of this Article will not apply to an Executive age 65 or older. 

ARTICLE 9 

Administration 
 Section 9.01. Committee. This Plan will be administered by the Committee. The Committee will have the right to make reasonable rules from time to time regarding the Plan. All such rules
will be consistent with the policy provided by this Plan document. The Committee will have full discretion to interpret the Plan, and to resolve ambiguities and inconsistencies. The Committee’s interpretations will in all cases be final and not
be subject to appeal. 
 Section 9.02. Claims Procedures. The Company’s standardized “Northrop
Grumman Nonqualified Retirement Plans Claims and Appeals Procedures” shall apply in handling claims and appeals under this Plan. 

  
 - 16 -

 Section 9.03. Trust. The Board may authorize the establishment of one or
more trusts and the appointment of a trustee or trustees (“Trustee”) to hold any and all assets of the Plan in trust. The Board may delegate this power to the Committee. 

ARTICLE 10 

Modification or Termination 
 Section 10.01. Amendment and Plan Termination. The Company may, in its sole discretion, terminate, suspend or amend this Plan at any time or from time to time, in whole or in part for
any reason. This includes the right to amend or eliminate any of the provisions of the Plan with respect to lump sum distributions, including any lump sum calculation factors, whether or not an Executive has already made a lump sum election.
Notwithstanding the foregoing, no amendment or termination of the Plan shall reduce the amount of an Executive’s accrued benefit under the Plan as of the date of such amendment or termination. 

No amendment of the Plan shall apply to the Grandfathered Amounts, unless the amendment specifically provides that it applies to such
amounts. The purpose of this restriction is to prevent a Plan amendment from resulting in an inadvertent “material modification” to the Grandfathered Amounts. 
 ARTICLE 11 
 Miscellaneous 

Section 11.01. Benefits Not Assignable. 
 (a) No Executive, former Executive or Surviving Spouse shall have the right to anticipate, alienate, sell, transfer, assign, pledge, encumber, or otherwise subject to lien any of the benefits provided
under this Plan. Such rights may not be subject to the debts, contracts, liabilities, engagements or torts of the Executive, former Executive or Surviving Spouse of an Executive. 

(b) Notwithstanding the foregoing, all or a portion of an Executive’s Plan benefits may be paid to another person as specified in a
domestic relations order that the Committee determines is qualified (a “Qualified Domestic Relations Order”). For this purpose, a Qualified Domestic Relations Order means a judgment, decree, or order (including the approval of a settlement
agreement) which is: 
 (1) issued pursuant to a State’s domestic relations law; 

(2) relates to the provision of child support, alimony payments or marital property rights to a spouse, former spouse, child or other
dependent of the Executive; 

  
 - 17 -

 (3) creates or recognizes the right of a spouse, former spouse, child or other dependent of
the Executive to receive all or a portion of the Executive’s benefits under the Plan; and 
 (4) meets such other
requirements established by the Committee. 
 The Committee shall determine whether any document received by it is a Qualified
Domestic Relations Order. In making this determination, the Committee may consider the rules applicable to “domestic relations orders” under Code section 414(p) and ERISA section 206(d), and such other rules and procedures as it deems
relevant. 
 Section 11.02. Facility of Payment. If the Committee deems any person entitled to receive any
payment under the Plan incapable of receiving it by reason of age, illness, infirmity, mental incompetency or incapacity of any kind, the Committee may, in its discretion, direct that payment be made in any one or more of the following manners:

 (a) Applying the amount directly for the comfort, support and maintenance of the payee; 

(b) Reimbursing any person for any such support supplied by any other person to the payee; 

(c) Paying the amount to a legal representative or guardian or any other person selected by the Committee on behalf of the payee; or

 (d) Depositing the amount in a bank account to the credit of the payee. 

Section 11.03. Committee Rules. Payment of benefits will be made in accordance with the rules and procedures of the
Committee. 
 Section 11.04. Limitation on Rights. The Company, in adopting this Plan, will not be held to
create or vest in any Executive or any other person any interest, pension or benefits other than the benefits specifically provided herein, or to confer upon any Executive the right to remain in the service of the Company. 

Section 11.05. Benefits Unsecured. Any assets purchased by the Company to provide benefits under this Plan will at all
times remain subject to the claims of general creditors of the Company and any Executive, former Executive or Surviving Spouse of an Executive participating in the Plan has only an unsecured promise to pay benefits from the Company. 

Section 11.06. Governing Law. To the extent not preempted by federal law, the law of the State of Maryland will govern
the construction and administration of the Plan. 
 Section 11.07. Severability. If any provision of this
Plan or its application to any circumstance or person is held to be invalid by a court of 

  
 - 18 -

 
competent jurisdiction, the remainder of the Plan and the application of such provision to other circumstances or persons will not be affected thereby. 

Section 11.08. Expanded Benefits. The Board or the Compensation Committee of the Board may, from time to time and
without notice, by resolution of the Board or of the Compensation Committee of the Board, authorize the payment of benefits or expand the benefits otherwise payable or to be payable to any one or more individuals. Notwithstanding the foregoing, this
Section 11.08 shall not apply to any benefits under the Plan that are not Grandfathered Amounts. 

Section 11.09. Plan Costs. Benefits payable under the Plan and any expenses in connection therewith will be paid by
the Company to the extent they are not available to be paid from any trust fund established by the Company to help defray the costs of providing Plan benefits. 
 Section 11.10. Termination of Participation. Participation in the Plan will terminate: 
 (a) in the case of a nonvested Executive, upon separation from service with a Participating Company or Designated Entity; 
 (b) in the case of a vested Executive, when payment of all amounts due with respect to the Executive are paid, or purported to be paid, by the Plan. 

Section 11.11. Transfer of Liabilities to HII. Northrop Grumman Corporation distributed its interest in Huntington
Ingalls Industries, Inc. (“HII”) to its shareholders on March 31, 2011 (the “HII Distribution Date”). Pursuant to an agreement between Northrop Grumman Corporation and HII, on the HII Distribution Date certain employees and
former employees of HII ceased to participate in the Plan and the liabilities for these participants’ benefits under the Plan were transferred to HII. On and after the HII Distribution Date, the Company and the Plan, and any successors
thereto, shall have no further obligation or liability to any such participant with respect to any benefit, amount, or right due under the Plan. 
 ARTICLE 12 
 Change in Control 

Section 12.01. Definition. The term “Change in Control” means the occurrence of one or more of the following
events: 
 (a) There will be consummated: 
 (1) Any consolidation or merger of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of the Company’s common stock would be converted into
cash, securities or other property, other than a merger of the 

  
 - 19 -

 
Company in which the holders of the Company’s common stock immediately prior to the merger have the same proportionate ownership of common stock of the surviving corporation immediately
after the merger; or 
 (2) Any sale, lease, exchange or other transfer (in one transaction or a series of related transactions)
of all, or substantially all, of the assets of the Company; or 
 (b) The stockholders of the Company approve any plan or
proposal for the liquidation or dissolution of the Company; or 
 (c) (1) Any person (as such term is defined in section 13(d)
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), corporation or other entity will purchase any common stock of the Company (or securities convertible into Company common stock) for cash, securities or any other
consideration pursuant to a tender offer or exchange offer, unless, prior to the making of such purchase of Company common stock (or securities convertible into Company common stock), the Board will determine that the making of such purchase will
not constitute a Change in Control; or 
 (2) Any person (as such term is defined in section 13(d) of the Exchange Act),
corporation or other entity (other than the Company or any benefit plan sponsored by the Affiliated Companies) will become the “beneficial owner” (as such term is defined in Rule 13d-3 under the Exchange Act:), directly or indirectly, of
securities of the Company representing twenty percent or more of the combined voting power of the Company’s then outstanding securities ordinarily (and apart from any rights accruing under special circumstances) having the right to vote in the
election of directors (calculated as provided in Rule 13d-3(d) in the case of rights to acquire any such securities), unless, prior to such person so becoming such beneficial owner, the Board will determine that such person so becoming such
beneficial owner will not constitute a Change in Control; or 
 (d) At any time during any period of two consecutive years,
individuals who at the beginning of such period constituted the entire Board will cease for any reason to constitute at least a majority thereof, unless the election or the nomination for election of each new director during such two-year period was
approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of such two-year period. 
 Section 12.02. Vesting and Funding Rules. Notwithstanding any other provision of the Plan, upon a Change in Control, as defined above, all Executives will be deemed fully vested under
this Plan, but only such vesting as to the otherwise applicable five-year service requirement. In addition, upon a Change in Control, but only under circumstances where the successor, surviving or parent company of Northrop Grumman Corporation or
the successor plan sponsor or any successor thereto, if any, does not agree to assume the obligation to provide benefits under this Plan as they become due and payable, then an amount sufficient to fund all unpaid benefits and any Surviving Spouse
benefits payable under this Plan will be paid immediately by the Company to a Trustee pursuant to a Trust Agreement for the payment of such benefits at the earliest date available in accordance with the provisions of the Plan and on such terms as
the committee composed of the Company’s Chief Executive Officer, Chief Financial Officer and General Counsel, will deem appropriate 

  
 - 20 -

 
(including a direction to the Trustee to pay immediately all benefits that are Grandfathered Amounts on a present value basis and/or such other terms as they may deem appropriate).
Notwithstanding this funding, the Company will be obligated to pay benefits to Executives and to Surviving Spouses of Executives to the extent such funding proves to be insufficient. To the extent such funding proves to be more than sufficient, any
excess will revert to the Company. 
 Section 12.03. Special Retirement Provisions. Upon a Change in Control,
for any Executive in the Plan who is involuntarily separated and who is not then eligible for a Normal or Special Retirement Pension under the ES Pension Plan, such separation will be deemed to be a separation due to a “Permanent Job
Separation”, and the Special Retirement Pension provisions under the ES Pension Plan will be used for purposes of determining eligibility and payment of benefits to such Executive under the Plan, provided that distribution of amounts that are
not Grandfathered Amounts will still be controlled by Appendix D and Appendix E. 
 Section 12.04. Calculation of
Present Value. The present value of benefits payable by the Trustee will be calculated for specific groups of Executives at the time of the Change in Control as follows: 
 (a) The present value of the benefits payable from this Plan to Executives who have retired at the time of the Change in Control (as well as benefits payable from this Plan to any Surviving Spouse of an
Executive) will be calculated by using the PBGC immediate discount rate established and in effect for the beginning of the calendar year in which the Change in Control occurs. 
 (b) The present value of the benefits payable from this Plan to Executives who are eligible to retire under the terms of this Plan at the time of the Change in Control will be calculated by using the PBGC
immediate discount rates established and in effect at the beginning of the calendar year in which the Change in Control occurs, assuming a pension which is immediately payable at the time of the Change in Control. 

(c) The present value of the benefits payable from this Plan to Executives who have completed at least 30 years of service with a
Participating Company or a Designated Entity but have not yet attained age 58 at the time of the Change in Control will be calculated by using the PBGC deferred discount rates established and in effect for the beginning of the calendar year in which
the Change in Control occurs, assuming a pension which is payable at age 58. 
 (d) The present value of benefits payable from
this Plan to Executives who have completed at least 10 years of service with a Participating Company or a Designated Entity but less than 30 years of service at the time of the Change in Control, but have not yet attained age 60 at the time of the
Change in Control, will be calculated by using the PBGC deferred discount rates established and in effect for the beginning of the calendar year in which the Change in Control occurs, assuming a pension which is payable at age 60. 

(e) The present value of benefits payable from this Plan to Executives who have completed less than 10 years of service with a
Participating Company or a Designated Entity at the time of the Change in Control will be calculated by using the PBGC deferred discount rates 

  
 - 21 -

 
established and in effect for the beginning of the calendar year in which the Change in Control occurs, assuming a pension which is payable at age 65. 

Section 12.05. Calculation of Offset. In calculating the benefit payable to each Executive, any offset for the ES
Pension Plan or other plan in which the Executive participates, will be based upon the last official pension file data available, adjusted to the date of any Change in Control by assuming that the most recent salary reflected in the pension file
remains constant. 
 Section 12.06. Limitation on Amendment, Suspension and Termination. Notwithstanding any
provision of this Plan, this Plan may not be: 
 (a) Amended such that future benefits would be reduced; 

(b) Suspended; or 
 (c) Terminated; 
 as to the further accrual of benefits, for a period of 24 months following a
Change in Control; and as to the payment of benefits, at any time prior to the last payment, determined in accordance with the provisions of this Plan, to each Executive, former Executive receiving benefits under the Plan, or eligible spouse.

 *    *    * 

IN WITNESS WHEREOF, this Amendment and Restatement is hereby executed by a duly authorized officer on this 27th day of January, 2012. 

 

			
	NORTHROP GRUMMAN CORPORATION
		
	By:	 	/s/ Denise M. Peppard
	Denise Peppard
	Corporate Vice President and
	Chief Human Resources Officer

  
 - 22 -

 APPENDIX A 
 Executive Buyback 
 Section A.01. Introduction. The Executive
Buy Back process permits newly eligible Executives to “buy back” past years of Executive Benefit Service under the Plan for periods of time during which they did not make the Maximum Contribution. 

Section A.02. Buy Back Offer. If an Employee did not make the Maximum Contribution during each of the years of his or her
Vesting Service prior to the time he or she first became an Executive, the Employee will be permitted to pay make-up payments of Maximum Contributions in order to “buy back” his or her non-contributory years of service. 

(a) The make-up payments required are the Maximum Contributions that would have been payable during the 10 years prior to the date he or
she first became an Executive (or such lesser period from the date the Employee was employed by a Participating Company or a Designated Entity) plus compounded interest on those amounts. 

(b) This Plan is intended as essentially a continuation of the Westinghouse Plan (see Appendix C). Accordingly, this Section is to be
interpreted as requiring an Executive to make up Maximum Contributions not only for his or her periods of participation under this Plan but also Maximum Contributions that would have been due under the Westinghouse Plan. The terms of (a) will
be interpreted to include the corresponding terms under the Westinghouse Plan and the 10-year period will include periods before the Westinghouse Acquisition. 
 Section A.03. One-Time Opportunity. Upon qualifying as an Executive, an Executive will be offered an Executive Buy Back opportunity at the time he or she first becomes an Executive (or when
this Appendix first becomes effective, if later). The actual terms of the Executive Buy Back will be determined from time to time by the Committee. This election will be offered one time to the Executive and his or her decision whether or not to
“buy back” will be irrevocable. 
 Section A.04. Payment. Executive Buy Back payments are pre-tax and
are made from compensation by deferral elections entered into prior to the year in which the compensation is determined and paid. Executive Buy Back payments will not be deposited into the ES Pension Plan trust and will not increase the
Executive’s Qualified Plan Benefit. 
 Section A.05. Refund of Buy Back Payment. If, at some point, an
Employee is no longer an Executive or otherwise becomes ineligible to receive an Executive Pension Supplement, any Executive Buy Back payments the Employee has made (including any interest the Employee paid) plus any other amount as defined in
Section 2.16(b)(2) in the definition of Maximum Contribution paid by the Employee to the Company will be refunded, with interest at such time as the Employee meets one of the following criteria: 

  
 - 23 -

 (a) Termination or retirement from a Participating Company or a Designated Entity; or

 (b) Death; 

provided, however, no refund will be made if the Employee is an eligible Executive, whether or not the amount of his or her Executive Pension Supplement
exceeds zero. All interest rates will be determined at the discretion of the Committee. 
 Any amounts that are refundable under this Section
A.05 that are not Grandfathered Amounts will be paid in a lump sum upon the Executive’s Separation from Service, subject to the six-month delay rule in Section E.02. 
 Section A.06. Effective Date. The provisions of this Appendix permitting Buy Backs will become effective on a date specified by resolution of the Committee specifically citing this Section.

  
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 APPENDIX B 
 Rehired Executives 
 Section B.01. Retired Executives Rehired as
Executives. If an Executive who retired from a Participating Company or a Designated Entity and who received or is receiving an Executive Pension Supplement as a lump sum or on a monthly basis is rehired in an Executive position by a
Participating Company, Designated Entity, or any other Affiliated Company, the following provisions apply: 
 (a) Monthly
Payments: For an Executive with a monthly Executive Pension Supplement: 
 (1) The Plan will suspend all Executive Pension
Supplement payments that are Grandfathered Amounts; 
 (2) If, but only if, the Executive is Retirement Eligible at the time of
subsequent actual retirement: 
 (A) Previous years of Vesting Service and Executive Benefit Service accrued prior to the
Executive’s retirement will be restored; and 
 (B) The Executive’s Executive Pension Supplement will be recalculated
in accordance with the Plan at his or her subsequent actual retirement date as long as the Executive then meets all Plan benefit qualification requirements; 
 (3) The Executive, having previously met the requirement of five years of continuous service as an Executive prior to his or her first retirement, need not again meet that requirement; 

(4) The Executive’s Average Annual Compensation will be computed without regard to the break in service, using zero for any periods
during which the Executive was a retiree; 
 (5) If the Executive elected to take a lump sum Qualified Plan Benefit with respect
to his or her initial retirement, then in any subsequent calculation of the Executive’s Executive Pension Supplement, the Executive’s Executive Pension Base will be reduced by both the Executive’s Qualified Plan Benefit received at
the time of the initial retirement and the Executive’s Qualified Plan Benefit accrued from the date of rehire through the date of his or her subsequent retirement. 
 (6) If the Executive continued to receive payments that were not Grandfathered Amounts during the period of rehire, an actuarial reduction will apply at his subsequent termination. 

  
 - 25 -

 (b) Lump Sums: For an Executive who received a lump sum Executive Pension Supplement
and who is Retirement Eligible at the time of subsequent actual retirement: 
 (1) Previous years of Vesting Service will be
restored but not previous years of Executive Benefit Service; 
 (2) The Plan will calculate the Executive’s additional
Executive Pension Supplement at his or her subsequent actual retirement date on the basis of years of service after the rehire in accordance with the Plan as the Executive then meets all Plan benefit qualification requirements; 

(3) The Executive, having previously met the requirement of five years of continuous service as an Executive prior to his or her first
retirement, need not again meet that requirement; 
 (4) The Executive’s Average Annual Compensation will be computed
without regard to the break in service, using zero for any periods during which the Executive was a retiree; 
 (5) If the
Executive elected a monthly Qualified Plan Benefit with respect to his or her initial retirement, then the Executive’s Qualified Plan Benefit accrued from the date of rehire through the subsequent date of actual retirement will be subtracted
from the Executive’s Executive Pension Base in calculating the Executive’s additional Executive Pension Supplement at his or her subsequent retirement. 
 Section B.02. Former Executives with Vested Pensions Rehired as Executives. If the employment of an Executive of a Participating Company or a Designated Entity who was eligible only for a
vested pension under the relevant qualified defined benefit or Defined Contribution Plan, if any, was terminated and the Executive is rehired by a Participating Company, Designated Entity, or any other Affiliated Company, the following provisions
apply: 
 (a) Previous years of Vesting Service and Executive Benefit Service accrued prior to the Executive’s termination
of employment will be restored; 
 (b) The Executive must meet the requirement of five years of continuous service as an
Executive prior to a subsequent actual retirement, counting only years of service after the rehire; 
 (c) Only base salary and
incentive awards earned after the rehire will be used in computing Average Annual Compensation; 
 (d) If the Executive elected
to take his or her vested pension as a lump sum, in any calculation of an Executive Pension Supplement at actual retirement, the Executive’s Executive Pension Base will be reduced by both the Executive’s Qualified Plan Benefit at the time
of the initial termination of employment and the Executive’s Qualified Plan Benefit accrued from the date of rehire through the date of actual retirement. 

  
 - 26 -

 Section B.03. Retired Executives Rehired in Non-Executive Positions. If an
Executive who retired from a Participating Company or a Designated Entity and who received or is receiving an Executive Pension Supplement as a lump sum or on a monthly basis is rehired by a Participating Company, Designated Entity, or any other
Affiliated Company in a non-Executive position, the following provisions apply: 
 (a) For a former Executive who was receiving
a monthly Executive Pension Supplement: 
 (1) The Plan will suspend all Executive Pension Supplement payments that are
Grandfathered Amounts; 
 (2) If, but only if, the former Executive is still Retirement Eligible at the time of subsequent
actual retirement, the Plan will recommence Executive Pension Supplement payments that were suspended at the time of the Executive’s subsequent actual retirement without recalculation of amount; 

(3) At subsequent actual retirement, the former Executive may receive any form of payment of his or her Executive Pension Supplement then
permitted under the Plan, as selected by the Committee. 
 (b) For a former Executive who received his or her Executive Pension
Supplement as a lump sum, no further benefits will be paid by the Plan. 
 Section B.04. Events That Span Westinghouse
Acquisition. This Plan is intended as essentially a continuation of the Westinghouse Plan (see Appendix C) and this Appendix is to be interpreted accordingly. 
 (a) Reductions for payments of Qualified Plan Benefits will be interpreted to include reductions for payments of similar benefits under Westinghouse plans. 

(b) Determination of the form of Qualified Plan Benefits will take into account the form of payments under Westinghouse plans.

 (c) The terms of this Appendix will be interpreted, where appropriate, to include the corresponding terms under the
Westinghouse Plan and to take into account events both before and after the Westinghouse Acquisition. 
 Section B.05.
Breaks Spanning March 1, 1996. There may be Executives who participated in the Westinghouse Plan but because of a break in their service did not become employees of the Affiliated Companies on March 1, 1996 as a result of the
Westinghouse Acquisition. 
 (a) Those Executives might be hired later by the Electronic Sensors & Systems Division.

  
 - 27 -

 (b) They will in no case be entitled to service or compensation credits or benefits under
this Plan with respect to any service or compensation prior to their first hire by the Electronic Sensors & Systems Division after March 1, 1996. The Executives will not be considered to have previously met the requirement of five
years of continuous service as an Executive. 

  
 - 28 -

 APPENDIX C 
 Coordination With Westinghouse Plan 
 Section C.01. In
General. As part of the Westinghouse Acquisition, this Plan was established by Northrop Grumman Corporation. 
 (a) This
Plan is intended to be a continuation of the Westinghouse Plan with only minor changes. 
 (b) This Plan assumes remaining
liabilities of the Westinghouse Plan with regard to those participants of the Westinghouse Plan who became Employees of the Northrop Grumman controlled group on March 1, 1996 as a result of the Westinghouse Acquisition. Accordingly, benefits
earned by Participants of this Plan under the Westinghouse Plan before March 1, 1996 are payable under this Appendix. 

(c) Employees first hired after the Westinghouse Acquisition will therefore not be affected by this Appendix and will have their pension
benefits governed entirely by the other Articles and Appendices of this Plan. 
 Section C.02. Pre-Acquisition
Benefits. 
 (a) Except as provided in Sections C.03 and C.04, benefits earned under the Westinghouse Executive Pension Plan
are in addition to the benefits which may be earned under Articles 4 and 5. 
 (b) The Westinghouse Plan benefits will be
calculated taking into account all pertinent facts for determining benefits under the Westinghouse Plan’s provisions (including benefits and contributions under Westinghouse plans) as they have existed from time to time. 

Section C.03. Coordination of Pre and Post-Acquisition Benefits. The Plan will be interpreted in light of events before and
after the Westinghouse Acquisition to coordinate the calculation of benefits (including service and compensation components, benefits and contributions under Westinghouse plans and rehire provisions) under this Appendix and benefits based on
Articles 4 and 5 so that the Plan will function as if it were essentially a continuation of the Westinghouse Plan. 
 Section
C.04. No Duplication of Benefits. Because this Plan is intended as a continuation of the Westinghouse Plan, this Plan will not pay any benefits already paid or payable by the Westinghouse Plan itself. 

  
 - 29 -

 APPENDIX D 
 2005-2007 Transition Rules 
 This Appendix D provides the distribution
rules that apply to the portion of benefits under the Plan subject to Code section 409A for Executives with benefit commencement dates after January 1, 2005 and before January 1, 2008. 

Section D.01. Election. Executives scheduled to commence payments during 2005 may elect to receive both pre-2005 benefit
accruals and 2005 benefit accruals in any optional form of benefit available under the Plan as of December 31, 2004. Executives electing optional forms of benefits under this provision will commence payments on the Executive’s selected
benefit commencement date. 
 Section D.02. 2005 Commencements. Pursuant to IRS Notice 2005-1,
Q&A-19 & Q&A-20, Executives commencing payments in 2005 from the Plan may elect a form of distribution from among those available under the Plan on December 31, 2004, and benefit payments shall begin at the time elected by the
Executive. 
 (a) Key Employees. A Key Employee Separating from Service on or after July 1, 2005, with Plan
distributions subject to Code section 409A scheduled to be paid in 2006 and within six months of his date of Separation from Service, shall have such distributions delayed for six months from the Key Employee’s date of Separation from Service.
The delayed distributions shall be paid as a single sum with interest at the end of the six month period and Plan distributions will resume as scheduled at such time. Interest shall be computed using the retroactive annuity starting date rate in
effect under the Northrop Grumman Pension Plan on a month-by-month basis during such period (i.e., the rate may change in the event the period spans two calendar years). Alternatively, the Key Employee may elect under IRS Notice 2005-1, Q&A-20
to have such distributions accelerated and paid in 2005 without the interest adjustment, provided, such election is made in 2005. 
 (b) Lump Sum Option. During 2005, a temporary immediate lump sum feature shall be available as follows: 
 (1) In order to elect a lump sum payment pursuant to IRS Notice 2005-1, Q&A-20, an Executive must be an elected or appointed officer of the Company and eligible to commence payments under the
underlying qualified pension plan on or after June 1, 2005 and on or before December 1, 2005; 
 (2) The lump sum
payment shall be made in 2005 as soon as feasible after the election; and 
 (3) Interest and mortality assumptions and
methodology for calculating lump sum amount shall be based on the Plan’s procedures for calculating lump sums as of December 31, 2004. 

  
 - 30 -

 Section D.03. 2006 and 2007 Commencements. Pursuant to IRS transition relief,
for all benefit commencement dates in 2006 and 2007 (provided election is made in 2006 or 2007), distribution of Plan benefits subject to Code section 409A shall begin 12 months after the later of: (a) the Executive’s benefit election
date, or (b) the underlying qualified pension plan benefit commencement date (as specified in the Executive’s benefit election form). Payments delayed during this 12-month period will be paid at the end of the period with interest.
Interest shall be computed using the retroactive annuity starting date rate in effect under the Northrop Grumman Pension Plan on a month-by-month basis during such period (i.e., the rate may change in the event the period spans two calendar years).

  
 - 31 -

 APPENDIX E 
 Post 2007 Distribution of 409A Amounts 
 The provisions of this Appendix E
shall apply only to the portion of benefits under the Plan that are subject to Code section 409A with benefit commencement dates on or after January 1, 2008. Distribution rules applicable to the Grandfathered Amounts are set forth in Article
VII, and Appendix D addresses distributions of amounts subject to Code section 409A with benefit commencement dates after January 1, 2005 and prior to January 1, 2008 

Section E.01. Time of Distribution. Subject to the special rules provided in this Appendix E, distributions to an Executive
of his vested retirement benefit shall commence as of the Payment Date. 
 Section E.02. Special Rule for Key
Employees. If an Executive is a Key Employee and age 55 or older at his Separation from Service, distributions to the Executive shall commence on the first day of the seventh month following the date of his Separation from Service (or, if
earlier, the date of the Executive’s death). Amounts otherwise payable to the Executive during such period of delay shall be accumulated and paid on the first day of the seventh month following the Executive’s Separation from Service,
along with interest on the delayed payments. Interest shall be computed using the retroactive annuity starting date rate in effect under the Northrop Grumman Pension Plan on a month-by-month basis during such delay (i.e., the rate may change in the
event the delay spans two calendar years). 
 Section E.03. Forms of Distribution. Subject to the special rules
provided in this Appendix E, an Executive’s vested retirement benefit shall be distributed in the form of a single life annuity. However, an Executive may elect an optional form of benefit up until the Payment Date. The optional forms of
payment are: 
 (a) 50% joint and survivor annuity 
 (b) 75% joint and survivor annuity 
 (c) 100% joint and survivor annuity.

 If an Executive is married on his Payment Date and elects a joint and survivor annuity, his survivor annuitant will be his
spouse unless some other survivor annuitant is named with spousal consent. Spousal consent, to be effective, must be submitted in writing before the Payment Date and must be witnessed by a Plan representative or notary public. No spousal consent is
necessary if the Company determines that there is no spouse or that the spouse cannot be found 
 Section E.04.
Death. If a married Executive dies before the Payment Date, a death benefit will be payable to the Executive’s 

  
 - 32 -

 
spouse commencing 90 days after the Executive’s death. The death benefit will be a single life annuity in an amount equal to the survivor portion of an Executive’s vested retirement
benefit based on a 100% joint and survivor annuity determined on the Executive’s date of death. This benefit is also payable to an Executive’s domestic partner who is properly registered with the Company in accordance with procedures
established by the Company. 
 Section E.05. Actuarial Assumptions. Except as provided in Section E.06, all forms
of payment under this Appendix E shall be actuarially equivalent life annuity forms of payment, and all conversions from one such form to another shall be based on the following actuarial assumptions: 

 

			
	Interest Rate:	  	6%
		
	Mortality Table:	  	RP-2000 Mortality Table projected 15 years for future standardized cash balance factors

 Section E.06. Accelerated Lump Sum Payouts. 

(a) Post-2007 Separations. Notwithstanding the provisions of this Appendix E, for Executives who Separate from Service on or after
January 1, 2008, if the present value of (a) the vested portion of an Executive’s retirement benefit and (b) other vested amounts under nonaccount balance plans that are aggregated with the retirement benefit under Code section
409A, determined on the first of the month coincident with or following the date of his Separation from Service, is less than or equal to $25,000, such benefit amount shall be distributed to the Executive (or his spouse or domestic partner, if
applicable) in a lump sum payment. Subject to the special timing rule for Key Employees under Section E.02, the lump sum payment shall be made within 90 days after the first of the month coincident with or following the date of the Executive’s
Separation from Service. 
 (b) Pre-2008 Separations. Notwithstanding the provisions of this Appendix E, for Executives
who Separate from Service before January 1, 2008, if the present value of (a) the vested portion of an Executive’s retirement benefit and (b) other vested amounts under nonaccount balance plans that are aggregated with the
retirement benefit under Code section 409A, determined on the first of the month coincident with or following the date the Executive attains age 55, is less than or equal to $25,000, such benefit amount shall be distributed to the Executive (or his
spouse or domestic partner, if applicable) in a lump sum payment within 90 days after the first of the month coincident with or following the date the Executive attains age 55, but no earlier that January 1, 2008. 

(c) Conflicts of Interest. The present value of an Executive’s vested retirement benefit shall also be payable in an
immediate lump sum to the extent required under conflict of interest rules for government service and permissible under Code section 409A. 
 (d) Present Value Calculation. The conversion of an Executive’s retirement benefit into a lump sum payment and the present value calculations under this Section E.06 shall be

  
 - 33 -

 
based on the actuarial assumptions in effect under the Northrop Grumman Pension Plan for purposes of calculating lump sum amounts, and will be based on the Executive’s immediate benefit if
the Executive is 55 or older at Separation from Service. Otherwise, the calculation will be based on the benefit amount the Executive will be eligible to receive at age 55. 
 Section E.07. Effect of Early Taxation. If the Executive’s benefits under the Plan are includible in income pursuant to Code section 409A, such benefits shall be distributed immediately
to the Executive. 
 Section E.08. Permitted Delays. Notwithstanding the foregoing, any payment to an Executive
under the Plan shall be delayed upon the Company’s reasonable anticipation of one or more of the following events: 
 (a)
The Company’s deduction with respect to such payment would be eliminated by application of Code section 162(m); or 
 (b)
The making of the payment would violate Federal securities laws or other applicable law; 
 provided, that any payment delayed
pursuant to this Section E.08 shall be paid in accordance with Code section 409A. 

  
 - 34 -

 APPENDIX F 
 Committees and Appointments 
 Notwithstanding anything to the contrary in
this Plan, effective as of October 25, 2011, the Chief Executive Officer of Northrop Grumman Corporation shall appoint, and shall have the power to remove, the members of (1) an Administrative Committee that shall have responsibility for
administering the Plan (including as such responsibilities are described in Article 9 of the Plan) and (2) an Investment Committee that shall have responsibility for overseeing any rabbi trusts or other informal funding for the Plan.

  
 - 35 -NORTHROP GRUMMAN DEFERRED COMPENSATION PLAN

 Exhibit 10(t) 
 NORTHROP GRUMMAN 
 DEFERRED COMPENSATION PLAN 

(Amended and Restated Effective as of January 1, 2012) 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
		
	 ARTICLE I DEFINITIONS
	  	 	1	  
				
		 	 1.1
	  	 Definitions
	  	 	1	  
		
	 ARTICLE II PARTICIPATION
	  	 	5	  
				
		 	 2.1
	  	 In General
	  	 	5	  
		 	 2.2
	  	 Disputes as to Employment Status
	  	 	5	  
		 	 2.3
	  	 Cessation of Eligibility
	  	 	6	  
		
	 ARTICLE III DEFERRAL ELECTIONS
	  	 	6	  
				
		 	 3.1
	  	 Elections to Defer Compensation
	  	 	6	  
		 	 3.2
	  	 Crediting of Deferrals
	  	 	7	  
		 	 3.3
	  	 Investment Elections
	  	 	7	  
		 	 3.4
	  	 Investment Return Not Guaranteed
	  	 	8	  
		
	 ARTICLE IV ACCOUNTS AND TRUST FUNDING
	  	 	8	  
				
		 	 4.1
	  	 Accounts
	  	 	8	  
		 	 4.2
	  	 Use of a Trust
	  	 	9	  
		
	 ARTICLE V VESTING
	  	 	9	  
				
		 	 5.1
	  	 In General
	  	 	9	  
		 	 5.2
	  	 Exceptions
	  	 	9	  
		
	 ARTICLE VI DISTRIBUTIONS
	  	 	9	  
				
		 	 6.1
	  	 Distribution of Deferred Compensation Contributions
	  	 	9	  
		 	 6.2
	  	 Withdrawals for Unforeseeable Emergency
	  	 	11	  
		 	 6.3
	  	 Payments Not Received At Death
	  	 	12	  
		 	 6.4
	  	 Inability to Locate Participant
	  	 	12	  
		 	 6.5
	  	 Committee Rules
	  	 	12	  
		
	 ARTICLE VII ADMINISTRATION
	  	 	12	  
				
		 	 7.1
	  	 Committees
	  	 	12	  
		 	 7.2
	  	 Committee Action
	  	 	13	  
		 	 7.3
	  	 Powers and Duties of the Administrative Committee
	  	 	13	  
		 	 7.4
	  	 Powers and Duties of the Investment Committee
	  	 	14	  
		 	 7.5
	  	 Construction and Interpretation
	  	 	14	  
		 	 7.6
	  	 Information
	  	 	14	  
		 	 7.7
	  	 Committee Compensation, Expenses and Indemnity
	  	 	14	  

									
		 	 7.8
	  	 Disputes
	  	 	15	  
		
	 ARTICLE VIII MISCELLANEOUS
	  	 	15	  
				
		 	 8.1
	  	 Unsecured General Creditor
	  	 	15	  
		 	 8.2
	  	 Restriction Against Assignment
	  	 	15	  
		 	 8.3
	  	 Restriction Against Double Payment
	  	 	16	  
		 	 8.4
	  	 Withholding
	  	 	16	  
		 	 8.5
	  	 Amendment, Modification, Suspension or Termination
	  	 	16	  
		 	 8.6
	  	 Governing Law
	  	 	17	  
		 	 8.7
	  	 Receipt or Release
	  	 	17	  
		 	 8.8
	  	 Payments on Behalf of Persons Under Incapacity
	  	 	17	  
		 	 8.9
	  	 Limitation of Rights and Employment Relationship
	  	 	17	  
		 	 8.10
	  	 Headings
	  	 	17	  
		 	 8.11
	  	 2001 Reorganization
	  	 	18	  
		 	 8.12
	  	 Liabilities Transferred to HII
	  	 	18	  
		
	 APPENDIX A 2005 TRANSITION RELIEF
	  	 	A-1	  
			
		 	 A.1 Cash Out
	  	 	A-1	  
		 	 A.2 Elections
	  	 	A-1	  
		 	 A.3 Key Employees
	  	 	A-1	  
		
	 APPENDIX B DISTRIBUTION RULES FOR PRE-2005 AMOUNTS
	  	 	B-1	  
			
		 	 B.1 Distribution of Contributions
	  	 	B-1	  
		 	 B.2
	  	 Early Non-Scheduled Distributions
	  	 	B-2	  
		 	 B.3
	  	 Hardship Distribution
	  	 	B-3	  
		 	 B.4
	  	 Plan Termination
	  	 	B-3	  
		
	 APPENDIX C TRANSFER OF LIABILITIES – NORTHROP GRUMMAN EXECUTIVE DEFERRED COMPENSATION
PLAN
	  	 	C-1	  
				
		 	 C.1
	  	 Background
	  	 	C-1	  
		 	 C.2
	  	 Treatment of Transferred Liabilities
	  	 	C-1	  
		 	 C.3
	  	 Investments
	  	 	C-1	  
		 	 C.4
	  	 Distributions
	  	 	C-1	  
		 	 C.5
	  	 Other Provisions
	  	 	C-2	  
		
	 APPENDIX D TRANSFER OF LIABILITIES – AEROJET-GENERAL LIABILITIES
	  	 	D-1	  
				
		 	 D.1
	  	 Background
	  	 	D-1	  
		 	 D.2
	  	 Treatment of Transferred Liabilities
	  	 	D-2	  
		 	 D.3
	  	 Investments
	  	 	D-2	  
		 	 D.4
	  	 Distributions
	  	 	D-2	  
		 	 D.5
	  	 Other Provisions
	  	 	D-2	  

  
 -ii-

									
	 APPENDIX E TRANSFER OF LIABILITIES – TASC, INC. SUPPLEMENTAL RETIREMENT PLAN
	  	 	E-1	  
				
		 	 E.1
	  	 Background
	  	 	E-1	  
		 	 E.2
	  	 Treatment of Transferred Liabilities
	  	 	E-1	  
		 	 E.3
	  	 Investments
	  	 	E-1	  
		 	 E.4
	  	 Distributions
	  	 	E-1	  
		 	 E.5
	  	 Other Provisions
	  	 	E-1	  
		
	 APPENDIX F 2008 TRANSITION RELIEF
	  	 	F-1	  
		
	 APPENDIX G COMMITTEES AND APPOINTMENTS
	  	 	G-1	  

  
 -iii-

 NORTHROP GRUMMAN 
 DEFERRED COMPENSATION PLAN 
 (Amended and Restated Effective as of January 1,
2012) 
 The Northrop Grumman Deferred Compensation Plan (the “Plan”) was last amended and restated effective as of January 1,
2011. This restatement amends that version of the Plan, and is effective January 1, 2012. This restatement includes changes that apply to amounts earned and vested under the Plan prior to 2005. 

This Plan is intended (1) to comply with section 409A of the Internal Revenue Code, as amended (the “Code”) and official guidance issued
thereunder (except with respect to amounts covered by Appendix B), and (2) to be “a plan which is unfunded and is maintained by an employer primarily for the purpose of providing deferred compensation 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 the Employee Retirement Income Security Act of 1974. Notwithstanding any other provision of this Plan, this Plan shall be interpreted, operated and
administered in a manner consistent with these intentions. 
 ARTICLE I 

DEFINITIONS 
  

	 	1.1	Definitions 

 Whenever the
following words and phrases are used in this Plan, with the first letter capitalized, they shall have the meanings specified below. 
 (a) “Account” shall mean the recordkeeping account set up for each Participant to keep track of amounts to his or her credit. 

(b) “Administrative Committee” means the committee in charge of Plan administration, as described in Article VII. 

(c) “Affiliated Companies” shall mean the Company and any entity affiliated with the Company under Code sections 414(b) or (c).

 (d) “Base Salary” shall mean a Participant’s annual base salary, excluding bonuses, commissions, incentive and
all other remuneration for services rendered to the Affiliated Companies and prior to reduction for any salary contributions to a plan established pursuant to section 125 of the Code or qualified pursuant to section 401(k) of the Code. 

(e) “Beneficiary” or “Beneficiaries” shall mean the person or persons, including a trustee, personal representative
or other fiduciary, last designated in writing by a 

  
 -1-

 
Participant in accordance with procedures established by the Administrative Committee to receive the benefits specified hereunder in the event of the Participant’s death. 

(1) No Beneficiary designation shall become effective until it is filed with the Administrative Committee. 

(2) Any designation shall be revocable at any time through a written instrument filed by the Participant with the Administrative
Committee with or without the consent of the previous Beneficiary. 
 (3) No designation of a Beneficiary other than the
Participant’s spouse shall be valid unless consented to in writing by such spouse. If there is no such designation or if there is no surviving designated Beneficiary, then the Participant’s surviving spouse shall be the Beneficiary. If
there is no surviving spouse to receive any benefits payable in accordance with the preceding sentence, the duly appointed and currently acting personal representative of the Participant’s estate (which shall include either the
Participant’s probate estate or living trust) shall be the Beneficiary. In any case where there is no such personal representative of the Participant’s estate duly appointed and acting in that capacity within 90 days after the
Participant’s death (or such extended period as the Administrative Committee determines is reasonably necessary to allow such personal representative to be appointed, but not to exceed 180 days after the Participant’s death), then
Beneficiary shall mean the person or persons who can verify by affidavit or court order to the satisfaction of the Administrative Committee that they are legally entitled to receive the benefits specified hereunder. Effective January 1, 2007, a
Participant will automatically revoke a designation of a spouse as primary beneficiary upon the dissolution of their marriage. 

(4) In the event any amount is payable under the Plan to a minor, payment shall not be made to the minor, but instead be paid
(a) to that person’s living parent(s) to act as custodian, (b) if that person’s parents are then divorced, and one parent is the sole custodial parent, to such custodial parent, or (c) if no parent of that person is then
living, to a custodian selected by the Administrative Committee to hold the funds for the minor under the Uniform Transfers or Gifts to Minors Act in effect in the jurisdiction in which the minor resides. If no parent is living and the
Administrative Committee decides not to select another custodian to hold the funds for the minor, then payment shall be made to the duly appointed and currently acting guardian of the estate for the minor or, if no guardian of the estate for the
minor is duly appointed and currently acting within 60 days after the date the amount becomes payable, payment shall be deposited with the court having jurisdiction over the estate of the minor. 

(5) Payment by the Affiliated Companies pursuant to any unrevoked Beneficiary designation, or to the Participant’s estate if no
such designation exists, of all benefits owed hereunder shall terminate any and all liability of the Affiliated Companies. 

(f) “Board” shall mean the Board of Directors of the Company. 

  
 -2-

 (g) “Bonuses” shall mean the bonuses earned under the Company’s formal
incentive plans, as defined by the Administrative Committee, and payable while a Participant is an Employee. 
 (h)
“Code” shall mean the Internal Revenue Code of 1986, as amended. 
 (i) “Committees” shall mean the
Committees appointed by the Board to administer the Plan and investments in accordance with Article VII. 
 (j)
“Company” shall mean Northrop Grumman Corporation and any successor. 
 (k) “Compensation” shall be Base
Salary plus Bonuses. However, any payment authorized by the Compensation and Management Development Committee that is (1) calculated pursuant to the method for determining a bonus amount under the Annual Incentive Plan (AIP) for a given year
and (2) paid in lieu of such bonus in the year prior to the year the bonus would otherwise be paid under the AIP, shall not be treated as Compensation. Further, any award payment under the Northrop Grumman Long-Term Incentive Cash Plan shall
not be treated as Compensation. 
 (l) “Disability” or “Disabled” shall mean the Participant’s
inability to perform each and every duty of his or her occupation or position of employment due to illness or injury as determined in the sole and absolute discretion of the Administrative Committee. 

(m) “Early Distribution” shall mean an election by a Participant in accordance with Appendix Section B.2 to receive a
withdrawal of amounts from his or her Account prior to the time at which such Participant would otherwise be entitled to such amounts. 
 (n) “Eligible Employee” shall mean any Employee who meets the following conditions: 
 (1) he or she is initially treated by the Affiliated Companies as an Employee and not as an independent contractor; and 
 (2) he or she meets the eligibility criteria established by the Administrative Committee. 
 The eligibility criteria established by the Administrative Committee will include, but not be limited to, classifications of Employees who are eligible to participate and the date as of which various
groups of Employees will be eligible to participate. This includes, for example, Administrative Committee authority to delay eligibility for employees of newly acquired companies who become Employees. 

(o) “Employee” shall mean any common law employee of the Affiliated Companies. 

  
 -3-

 (p) “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as it
may be amended from time to time. 
 (q) “Hardship Distribution” shall mean a severe financial hardship to the
Participant resulting from a sudden and unexpected illness or accident of the Participant or of his or her dependent (as defined in Section 152(a) of the Code), loss of a Participant’s property due to casualty, or other similar or
extraordinary and unforseeable circumstances arising as a result of events beyond the control of the Participant. The circumstances that would constitute an unforseeable emergency will depend upon the facts of each case, but, in any case, a Hardship
Distribution may not be made to the extent that such hardship is or may be relieved (i) through reimbursement or compensation by insurance or otherwise, (ii) by liquidation of the Participant’s assets, to the extent the liquidation of
assets would not itself cause severe financial hardship, or (iii) by cessation of deferrals under this Plan. 
 (r)
“Initial Election Period” shall mean: 
 (1) in the case of a newly hired Employee who is entitled to participate
under Article II, the 30-day period following the date on which the Employee first becomes an Eligible Employee; and 
 (2) in
the case of any other Employee who becomes an Eligible Employee and is entitled to participate under Article II, the next Open Enrollment Period. 
 (s) “Investment Committee” means the committee in charge of investment aspects of the Plan, as described in Article VII. 
 (t) “Key Employee” means an employee treated as a “specified employee” under Code section 409A(a)(2)(B)(i) of the Company or the Affiliated Companies (i.e., a key employee (as defined
in Code section 416(i) without regard to paragraph (5) thereof)) if the Company’s or an Affiliated Company’s stock is publicly traded on an established securities market or otherwise. The Company shall determine in accordance with a
uniform Company policy which Participants are Key Employees as of each December 31 in accordance with IRS regulations or other guidance under Code section 409A, provided that in determining the compensation of individuals for this purpose, the
definition of compensation in Treas. Reg. § 1.415(c)-2(d)(3) shall be used. Such determination shall be effective for the twelve (12) month period commencing on April 1 of the following year. 

(u) “Open Enrollment Period” means the period each Plan Year designated by the Administrative Committee for electing deferrals
for the following Plan Year. 
 (v) “Participant” shall mean any Eligible Employee who participates in this Plan in
accordance with Article II. 
 (w) “Payment Date” shall mean: 

(1) for distributions upon early termination under Section B.1(a), a date after the end of the month in which termination of employment
occurs; 

  
 -4-

 (2) for distributions after Retirement, Disability or death under Section B.1(b), a date
after the end of the month in which occurs Retirement, the determination of Disability by the Administrative Committee, or the notification of the Administrative Committee of the Participant’s death (or later qualification of the Beneficiary or
Beneficiaries), as applicable; and 
 (3) for distributions with a scheduled withdrawal date under Section B.1(c), a date after
the December 31 prior to the elected payment year, 
 the exact date in each case to be determined by the Administrative Committee to allow
time for administrative processing. 
 (x) “Plan” shall be the Northrop Grumman Deferred Compensation Plan.

 (y) “Plan Year” shall be the calendar year. 

(z) “Retirement” shall mean termination of employment with the Affiliated Companies after reaching age 55. 

(aa) “Scheduled Withdrawal Date” shall mean the distribution date elected by the Participant for an in-service withdrawal of
amounts deferred in a given Plan Year, and earnings and losses attributable thereto, as set forth on the election form for such Plan Year. 
 (bb) “Separation from Service” or “Separates from Service” or “Separating from Service” means a “separation from service” within the meaning of Code section 409A.

 ARTICLE II 
 PARTICIPATION 
  

	 	2.1	In General 

 (a) An
Eligible Employee may become a Participant by complying with the procedures established by the Administrative Committee for enrolling in the Plan. 
 (b) Anyone who becomes an Eligible Employee will be entitled to become a Participant during his or her Initial Election Period or any subsequent Open Enrollment Period. 

(c) An individual will cease to be a Participant when he or she no longer has a positive balance to his or her Account under the Plan.

  

	 	2.2	Disputes as to Employment Status 

 (a) Because there may be disputes about an individual’s proper status as an Employee or non-Employee, this Section describes how such disputes are to be handled with respect to Plan participation.

  
 -5-

 (b) The Affiliated Companies will make the initial determination of an individual’s
employment status. 
 (1) If an individual is not treated by the Affiliated Companies as a common law employee, then the Plan
will not consider the individual to be an “Eligible Employee” and he or she will not be entitled to participate in the Plan. 
 (2) This will be so even if the individual is told he or she is entitled to participate in the Plan and given a summary of the plan and enrollment forms or other actions are taken indicating that he or
she may participate. 
 (c) Disputes may arise as to an individual’s employment status. As part of the resolution of the
dispute, an individual’s status may be changed by the Affiliated Companies from non-Employee to Employee. Such Employees are not Eligible Employees. 
  

	 	2.3	Cessation of Eligibility 

If the Administrative Committee determines or reasonably believes that a Participant has ceased to be a management or highly compensated
employee within the meaning of ERISA Title I, the Participant will no longer be able to make elections to defer compensation under the Plan. 
 If an Eligible Employee receives a distribution under Appendix Section B.2, the Employee will not be permitted to defer amounts under the Plan for the two Plan Years following the year of distribution.

 ARTICLE III 
 DEFERRAL ELECTIONS 
  

	 	3.1	Elections to Defer Compensation 

 (a) Initial Elections. Each Participant may elect to defer an amount of Compensation by filing an election with the Administrative Committee no later than the last day of his or her Initial
Election Period. If the election is made pursuant to Section 1.1(r)(1), it will apply for the remainder of the Plan Year. Otherwise, the election will apply for the following Plan Year. 

(b) Subsequent Elections. A Participant may elect to defer Compensation earned in subsequent Plan Years by filing a new election
in the Open Enrollment Period for each subsequent Plan Year. An election to participate for a Plan Year is irrevocable. 
 (c)
General Rules for all Elections. The Administrative Committee may establish procedures for elections and set limits and other requirements on the amount of Compensation that may be deferred. The Administrative Committee may change these rules
from time to time. Deferral elections shall address distribution of the deferred amounts as described in Section 6.1. 

  
 -6-

 (d) Committee Rules. All elections must be made in accordance with rules, procedures
and forms provided by the Administrative Committee. The Administrative Committee may change the rules, procedures and forms from time to time and without prior notice to Participants. 

(e) Cancellation of Election. If a Participant becomes disabled (as defined under Code Section 409A) or obtains a
distribution on account of an Unforeseeable Emergency under Section 6.2 during a Plan Year, his deferral election for such Plan Year shall be cancelled. 
  

	 	3.2	Crediting of Deferrals 

(a) In General. Amounts deferred by a Participant under the Plan shall be credited to the Participant’s Account as soon as
practicable after the amounts would have otherwise been paid to the Participant. 
 (b) Cessation of Crediting. Effective
January 1, 2011, no further amounts will be deferred under the Plan and credited to Participant Accounts. 
  

	 	3.3	Investment Elections 

 (a)
The Investment Committee will establish a number of different types of investments for the Plan. The Investment Committee may change the investments from time to time, without prior notice to Participants. 

(b) Participants may elect how their future contributions and existing Account balances will be deemed invested in the various types of
investment and may change their elections from time to time. 
 (c) Although the Participants may designate the deemed
investment of their Accounts, the Investment Committee is not bound to invest any actual amounts in any particular investment. The Investment Committee will select from time to time, in its sole and absolute discretion, commercially available
investments of each of the types offered. Any investments actually made remain the property of the Affiliated Companies (or the rabbi trust under Section 4.2) and are not Plan assets. 

(d) Selections of the types of investments, changes and transfers must be made according to the rules and procedures of the
Administrative Committee. 
 (1) The Administrative Committee may prescribe rules which may include, among other matters,
limitations on the amounts which may be transferred and procedures for electing transfers. 
 (2) The Administrative Committee
may prescribe rules for valuing Accounts for purposes of transfers. Such rules may, in the Administrative Committee’s discretion, use averaging methods to determine values and accrue estimated expenses. 

  
 -7-

 (3) The Administrative Committee may prescribe the periods and frequency with which
Participants may change deemed investment elections and make transfers. 
 (4) The Administrative Committee may change its
rules from time to time and without prior notice to Participants. 
 (e) Effective January 13, 2011, Participant investment
elections involving a Company stock investment fund (e.g., transfers into or out of the fund) may be restricted, including in accordance with Company policies generally applicable to employee transactions in Company stock. 

 

	 	3.4	Investment Return Not Guaranteed 

 Investment performance under the Plan is not guaranteed at any level. Participants may lose all or a portion of their contributions due to poor investment performance. 

ARTICLE IV 

ACCOUNTS AND TRUST FUNDING 
  

	 	4.1	Accounts 

 The
Administrative Committee shall establish and maintain an Account for each Participant under the Plan. Each Participant’s Account shall be further divided into separate subaccounts (“investment subaccounts”), each of which corresponds
to an investment type elected by the Participant pursuant to Section 3.3. A Participant’s Account shall be credited as follows: 
 (a) The Administrative Committee shall credit the investment subaccounts of the Participant’s Account with an amount equal to Compensation deferred by the Participant in accordance with the
Participant’s election under Section 3.3; that is, the portion of the Participant’s deferred Compensation that the Participant has elected to be deemed invested in a certain type of investment shall be credited to the investment
subaccount corresponding to that investment type. 
 (b) The investment subaccounts of Participants’ Accounts will be
credited with earnings or losses based on the earnings or losses of the corresponding investments selected by the Participant and valued in accordance with the rules and procedures of the Administrative Committee. 

(1) The Administrative Committee may set regular valuation dates and times and also use special valuation dates and times and procedures
from time to time under unusual circumstances and to protect the financial integrity of the Plan. 
 (2) The Administrative
Committee may use averaging methods to determine values and accrue estimated expenses. 

  
 -8-

 (3) The Administrative Committee may change its valuation rules and procedures from time to
time and without prior notice to Participants. 
  

	 	4.2	Use of a Trust 

 The
Company may set up a trust to hold any assets or insurance policies that it may use in meeting its obligations under the Plan. Any trust set up will be a rabbi trust and any assets placed in the trust shall continue for all purposes to be part of
the general assets of the Company and shall be available to its general creditors in the event of the Company’s bankruptcy or insolvency. 
 ARTICLE V 
 VESTING 

 

	 	5.1	In General 

 A
Participant’s interest in his or her Account will be nonforfeitable. 
  

	 	5.2	Exceptions 

 The following
exceptions apply to the vesting rule: 
 (a) Forfeitures on account of a lost payee. See Section 6.4. 

(b) Forfeitures under an escheat law. 
 (c) Recapture of amounts improperly credited to a Participant’s Account or improperly paid to or with respect to a Participant. 

(d) Expenses charged to a Participant’s Account. 
 (e) Investment losses. 
 (f) Forfeitures resulting from early withdrawals. See
Section B.2. 
 ARTICLE VI 
 DISTRIBUTIONS 
  

	 	6.1	Distribution of Deferred Compensation Contributions 

 Appendix B governs the distribution of amounts that were earned and vested (within the meaning of Code section 409A and regulations thereunder) under the Plan prior to 2005 (and earnings thereon) and are
exempt from the requirements of Code section 409A. Thus, 

  
 -9-

 
this Section 6.1 does not apply to these pre-2005 deferrals, but does apply to all other amounts deferred under the Plan. 

(a) Separate Distribution Election. A Participant must make a separate distribution election for each year beginning with the 2005
deferral election. A Participant generally makes a distribution election at the same time the Participant makes the deferral election, i.e., during the Open Enrollment Period. The Participant will specify in the distribution election whether the
amounts deferred for the year (and earnings thereon) will be paid upon a Separation from Service or upon a specified date, and the method of distribution for such amounts. Even if a Participant elects to have a year’s deferrals payable upon a
specified date, he shall also specify a method of distribution for payments upon a Separation from Service. 
 (b)
Distribution Upon Separation from Service. A Participant may elect on a deferral form to have the portion of his Account related to amounts deferred under the deferral form (and earnings thereon) distributed in a lump sum or in quarterly
installments over a period of 5, 10, or 15 years. If a Participant does not elect a method for distribution for a deferred amount, the amount will be distributed in quarterly installments over 10 years. Notwithstanding the foregoing, if a
Participant’s Account balance is $50,000 or less at the time the Participant Separates from Service or if the Separation from Service occurs before age 55 for reasons other than death or disability (as defined under Code section 409A), the
deferred amount will be distributed in a lump sum payment. 
 A lump sum payment shall be made in the second month following
the month of Separation from Service. Installment payments shall commence as of the January, April, July, or October that next follows the month of Separation from Service and that is not the month immediately following the month of Separation from
Service. For example, if a Separation from Service occurs in January, payments begin in April. If a Separation from Service occurs in March, payments begin in July. 
 Notwithstanding the foregoing, distributions may not be made to a Key Employee upon a Separation from Service before the date which is six months after the date of the Key Employee’s Separation from
Service (or, if earlier, the date of death of the Key Employee). Any lump sum payment that would otherwise be made during this period of delay shall be paid on the first day of the seventh month following the Participant’s Separation from
Service (or, if earlier, the first day of the month after the Participant’s death). Any series of installment payments impacted by this delay shall begin as of the January, April, July, or October coincident with or next following the
Participant’s Separation from Service. The initial payment of such an installment series shall include any installment payments that would have otherwise been made during the period of delay. 

(c) Distribution as of Specified Date. A Participant may elect on a deferral form to have the portion of his Account related to
amounts deferred under the deferral form (and earnings thereon) paid to the Participant as of a January that is at least two years after the year of deferral. The Participant may elect to receive such amount as a lump sum or in quarterly
installments over 2 to 5 years. If the amount is $25,000 or less at the specified date for distribution, the Participant will receive a lump sum distribution of the amount regardless of his 

  
 -10-

 
elected distribution form. If the Participant Separates from Service before the specified date or while receiving a distribution of an amount under this Section 6.1(c), such portion of the
Account will be distributed in accordance with the Participant’s distribution election for a Separation from Service made at the time of the Participant’s deferral election. 

(d) Changes in Time or Form of Distribution. A Participant may make up to two subsequent elections to change the time or form of a
distribution for any year’s deferral. Such an election, however, shall be effective only if the following conditions are satisfied: 
 (1) The election may not take effect until at least twelve (12) months after the date on which the election is made; 
 (2) In the case of an election to change the time or form of the distribution under Sections 6.1(b) or (c), a distribution may not be made earlier than at least five (5) years from the date the
distribution would have otherwise been made; and 
 (3) In the case of an election to change the time or form of a distribution
under Section 6.1(c), the election must be made at least twelve (12) months before the date the distribution is scheduled to be paid. 
 (e) Effect of Taxation. If Plan benefits are includible in the income of a Participant under Code section 409A prior to actual receipt of the benefits, the Administrative Committee shall
immediately distribute the benefits found to be so includible to the Participant. 
 (f) Permitted Delays.
Notwithstanding the foregoing, any payment to a Participant under the Plan shall be delayed upon the Committee’s reasonable anticipation of one or more of the following events: 

(1) The Company’s deduction with respect to such payment would be eliminated by application of Code section 162(m); or 

(2) The making of the payment would violate Federal securities laws or other applicable law; 

provided, that any payment delayed pursuant to this Section 6.1(f) shall be paid in accordance with Code section 409A. 

 

	 	6.2	Withdrawals for Unforeseeable Emergency 

 A Participant may withdraw all or any portion of his Account balance for an Unforeseeable Emergency. The amounts distributed with respect to an Unforeseeable Emergency may not exceed the amounts necessary
to satisfy such Unforeseeable Emergency plus amounts necessary to pay taxes reasonably anticipated as a result of the distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or
compensation by insurance or otherwise or by liquidation of the Participant’s assets (to the extent the liquidation of such assets would not itself cause severe financial hardship) or by cessation of deferrals under the Plan.
“Unforeseeable Emergency” means for this purpose a severe financial 

  
 -11-

 
hardship to a Participant resulting from an illness or accident of the Participant, the Participant’s spouse, or a dependent (as defined in Code section 152(a)) of the Participant, loss of
the Participant’s property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant. 

 

	 	6.3	Payments Not Received At Death 

 In the event of the death of a Participant before receiving a payment, payment will be made to his or her estate if death occurs on or after the date of a check which has been issued by the Plan.
Otherwise, payment of the amount will be made to the Participant’s Beneficiary. 
  

	 	6.4	Inability to Locate Participant 

 In the event that the Administrative Committee is unable to locate a Participant or Beneficiary within two years following the required payment date, the amount allocated to the Participant’s Account
shall be forfeited. If, after such forfeiture, the Participant or Beneficiary later claims such benefit, such benefit shall be reinstated without interest or earnings for the forfeiture period. 

 

	 	6.5	Committee Rules 

 All
distributions are subject to the rules and procedures of the Administrative Committee. The Administrative Committee may also require the use of particular forms. The Administrative Committee may change its rules, procedures and forms from time to
time and without prior notice to Participants. 
 ARTICLE VII 

ADMINISTRATION 
  

	 	7.1	Committees 

 (a) An
Administrative Committee of one or more persons, shall be appointed by, and serve at the pleasure of, the Chairman and Chief Executive Officer. The number of members comprising the Administrative Committee shall be determined by the Chairman,
President, and Chief Executive Officer, who may from time to time vary the number of members. A member of the Administrative Committee may resign by delivering a written notice of resignation to the Chairman, President, and Chief Executive Officer.
The Chairman, President, and Chief Executive Officer may remove any member by delivering a certified copy of its resolution of removal to such member. Vacancies in the membership of the Administrative Committee shall be filled promptly by the
Chairman, President, and Chief Executive Officer. 
 (b) An Investment Committee of one or more persons, shall be appointed by,
and serve at the pleasure of, the Board. The number of members comprising the Investment Committee shall be determined by the Board, who may from time to time vary the number of members. A member of the Investment Committee may resign by delivering
a written notice of 

  
 -12-

 
resignation to the Board. The Board may remove any member by delivering a certified copy of its resolution of removal to such member. Vacancies in the membership of the Investment Committee shall
be filled promptly by the Board. 
  

	 	7.2	Committee Action 

 Each
Committee shall act at meetings by affirmative vote of a majority of the members of that Committee. Any action permitted to be taken at a meeting may be taken without a meeting if, prior to such action, a written consent to the action is signed by
all members of the Committee and such written consent is filed with the minutes of the proceedings of the Committee. A member of a Committee shall not vote or act upon any matter which relates solely to himself or herself as a Participant. The
chairman of a Committee, or any other member or members of each Committee designated by the chairman of the Committee, may execute any certificate or other written direction on behalf of the Committee of which he or she is a member. 

 

	 	7.3	Powers and Duties of the Administrative Committee 

 The Administrative Committee shall enforce the Plan in accordance with its terms, shall be charged with the general administration of the Plan, and shall have all powers necessary to accomplish its
purposes, including, but not by way of limitation, the following: 
 (a) To construe and interpret the terms and provisions of
this Plan; 
 (b) To compute and certify to the amount and kind of benefits payable to Participants and their Beneficiaries;

 (c) To maintain all records that may be necessary for the administration of the Plan; 

(d) To provide for the disclosure of all information and the filing or provision of all reports and statements to Participants,
Beneficiaries or governmental agencies as shall be required by law; 
 (e) To make and publish such rules for the regulation of
the Plan and procedures for the administration of the Plan as are not inconsistent with the terms hereof; 
 (f) To appoint a
Plan administrator or any other agent, and to delegate to them such powers and duties in connection with the administration of the Plan as the Administrative Committee may from time to time prescribe (including the power to subdelegate); 

(g) To exercise powers granted the Administrative Committee under other Sections of the Plan; and 

(h) To take all actions necessary for the administration of the Plan, including determining whether to hold or discontinue insurance
policies purchased in connection with the Plan. 

  
 -13-

	 	7.4	Powers and Duties of the Investment Committee 

 The Investment Committee, shall have all powers necessary to accomplish its purposes, including, but not by way of limitation, the following: 

(a) To select types of investment and the actual investments against which earnings and losses will be measured; 

(b) To oversee any rabbi trust; and 
 (c) To appoint agents, and to delegate to them such powers and duties in connection with its duties as the Investment Committee may from time to time prescribe (including the power to subdelegate).

  

	 	7.5	Construction and Interpretation 

 The Administrative Committee shall have full discretion to construe and interpret the terms and provisions of this Plan and to remedy possible inconsistencies and omissions. The Administrative
Committee’s interpretations, constructions and remedies shall be final and binding on all parties, including but not limited to the Affiliated Companies and any Participant or Beneficiary. The Administrative Committee shall administer such
terms and provisions in a uniform and nondiscriminatory manner and in full accordance with any and all laws applicable to the Plan. 
  

	 	7.6	Information 

 To enable
the Committees to perform their functions, the Affiliated Companies adopting the Plan shall supply full and timely information to the Committees on all matters relating to the Compensation of all Participants, their death or other events which cause
termination of their participation in this Plan, and such other pertinent facts as the Committees may require. 
  

	 	7.7	Committee Compensation, Expenses and Indemnity 

 (a) The members of the Committees shall serve without compensation for their services hereunder. 
 (b) The Committees are authorized to employ such legal counsel as they may deem advisable to assist in the performance of their duties hereunder. 

(c) To the extent permitted by ERISA and applicable state law, the Company shall indemnify and hold harmless the Committees and each
member thereof, the Board and any delegate of the Committees who is an employee of the Affiliated Companies against any and all expenses, liabilities and claims, including legal fees to defend against such liabilities and claims arising out of their
discharge in good faith of responsibilities under or incident to the Plan, other than expenses and liabilities arising out of willful misconduct. This indemnity shall not preclude such further indemnities as may be available under insurance
purchased by the Company or 

  
 -14-

 
provided by the Company under any bylaw, agreement or otherwise, as such indemnities are permitted under ERISA and state law. 

 

	 	7.8	Disputes 

 The
Company’s standardized “Northrop Grumman Nonqualified Retirement Plans Claims and Appeals Procedures” shall apply in handling claims and appeals under the Plan. 
 ARTICLE VIII 
 MISCELLANEOUS 

 

	 	8.1	Unsecured General Creditor 

Participants and their Beneficiaries, heirs, successors, and assigns shall have no legal or equitable rights, claims, or interest in any
specific property or assets of the Affiliated Companies. No assets of the Affiliated Companies shall be held in any way as collateral security for the fulfilling of the obligations of the Affiliated Companies under this Plan. Any and all of the
Affiliated Companies’ assets shall be, and remain, the general unpledged, unrestricted assets of the Affiliated Companies. The obligation under the Plan of the Affiliated Companies adopting the Plan shall be merely that of an unfunded and
unsecured promise of those Affiliated Companies to pay money in the future, and the rights of the Participants and Beneficiaries shall be no greater than those of unsecured general creditors. It is the intention of the Affiliated Companies that this
Plan be unfunded for purposes of the Code and for purposes of Title I of ERISA. 
  

	 	8.2	Restriction Against Assignment 

 (a) The Company shall pay all amounts payable hereunder only to the person or persons designated by the Plan and not to any other person or corporation. No part of a Participant’s Accounts shall be
liable for the debts, contracts, or engagements of any Participant, his or her Beneficiary, or successors in interest, nor shall a Participant’s Accounts be subject to execution by levy, attachment, or garnishment or by any other legal or
equitable proceeding, nor shall any such person have any right to alienate, anticipate, sell, transfer, commute, pledge, encumber, or assign any benefits or payments hereunder in any manner whatsoever. If any Participant, Beneficiary or successor in
interest is adjudicated bankrupt or purports to anticipate, alienate, sell, transfer, commute, assign, pledge, encumber or charge any distribution or payment from the Plan, voluntarily or involuntarily, the Administrative Committee, in its
discretion, may cancel such distribution or payment (or any part thereof) to or for the benefit of such Participant, Beneficiary or successor in interest in such manner as the Administrative Committee shall direct. 

(b) The actions considered exceptions to the vesting rule under Section 5.2 will not be treated as violations of this Section.

 (c) Notwithstanding the foregoing, all or a portion of a Participant’s Account balance may be paid to another person as
specified in a domestic relations order that the 

  
 -15-

 
Administrative Committee determines is qualified (a “Qualified Domestic Relations Order”). For this purpose, a Qualified Domestic Relations Order means a judgment, decree, or order
(including the approval of a settlement agreement) which is: 
 (1) issued pursuant to a State’s domestic relations law;

 (2) relates to the provision of child support, alimony payments or marital property rights to a spouse, former spouse, child
or other dependent of the Participant; 
 (3) creates or recognizes the right of a spouse, former spouse, child or other
dependent of the Participant to receive all or a portion of the Participant’s benefits under the Plan; and 
 (4) meets
such other requirements established by the Administrative Committee. 
 The Administrative Committee shall determine whether
any document received by it is a Qualified Domestic Relations Order. In making this determination, the Administrative Committee may consider the rules applicable to “domestic relations orders” under Code section 414(p) and ERISA section
206(d), and such other rules and procedures as it deems relevant. 
  

	 	8.3	Restriction Against Double Payment 

 If a court orders an assignment of benefits despite the previous Section, the affected Participant’s benefits will be reduced accordingly. The Administrative Committee may use any reasonable
actuarial assumptions to accomplish the offset under this Section. 
  

	 	8.4	Withholding 

 There shall
be deducted from each payment made under the Plan or any other Compensation payable to the Participant (or Beneficiary) all taxes which are required to be withheld by the Affiliated Companies in respect to such payment or this Plan. The Affiliated
Companies shall have the right to reduce any payment (or compensation) by the amount of cash sufficient to provide the amount of said taxes. 
  

	 	8.5	Amendment, Modification, Suspension or Termination 

 The Administrative Committee may amend, modify, suspend or terminate the Plan in whole or in part, except that no amendment, modification, suspension or termination may reduce a Participant’s Account
balance below its dollar value immediately prior to the amendment. The preceding sentence is not intended to protect Participants against investment losses. Upon termination of the Plan, distribution of balances in Accounts shall be made to
Participants and Beneficiaries in the manner and as the time described in Article VI, unless the Company determines in its sole discretion that all such amounts shall be distributed upon termination in accordance with the requirements under Code
section 409A. 

  
 -16-

 Notwithstanding the foregoing, no amendment of the Plan shall apply to amounts that were
earned and vested (within the meaning of Code section 409A and regulations thereunder) under the Plan prior to 2005, unless the amendment specifically provides that it applies to such amounts. The purpose of this restriction is to prevent a Plan
amendment from resulting in an inadvertent “material modification” to amounts that are “grandfathered” and exempt from the requirements of Code section 409A. 

 

	 	8.6	Governing Law 

 To the
extent not preempted by ERISA, this Plan shall be construed, governed and administered in accordance with the laws of Delaware. 
  

	 	8.7	Receipt or Release 

 Any
payment to a Participant or the Participant’s Beneficiary in accordance with the provisions of the Plan shall, to the extent thereof, be in full satisfaction of all claims against the Committees and the Affiliated Companies. The Administrative
Committee may require such Participant or Beneficiary, as a condition precedent to such payment, to execute a receipt and release to such effect. 
  

	 	8.8	Payments on Behalf of Persons Under Incapacity 

 In the event that any amount becomes payable under the Plan to a person who, in the sole judgment of the Administrative Committee, is considered by reason of physical or mental condition to be unable to
give a valid receipt therefore, the Administrative Committee may direct that such payment be made to any person found by the Committee, in its sole judgment, to have assumed the care of such person. Any payment made pursuant to such determination
shall constitute a full release and discharge of the Administrative Committee and the Company. 
  

	 	8.9	Limitation of Rights and Employment Relationship 

 Neither the establishment of the Plan, any Trust nor any modification thereof, nor the creating of any fund or account, nor the payment of any benefits shall be construed as giving to any Participant, or
Beneficiary or other person any legal or equitable right against the Affiliated Companies or any trustee except as provided in the Plan and any trust agreement; and in no event shall the terms of employment of any Employee or Participant be modified
or in any way be affected by the provisions of the Plan and any trust agreement. 
  

	 	8.10	Headings 

 Headings and
subheadings in this Plan are inserted for convenience of reference only and are not to be considered in the construction of the provisions hereof. 

  
 -17-

	 	8.11	2001 Reorganization 

Effective as of the 2001 Reorganization Date in (d), the corporate structure of Northrop Grumman Corporation and its affiliates was
modified. Effective as of the Litton Acquisition Date in (e), Litton Industries, Inc. was acquired and became a subsidiary of the Northrop Grumman Corporation (the “Litton Acquisition”). 

(a) The former Northrop Grumman Corporation was renamed Northrop Grumman Systems Corporation. It became a wholly-owned subsidiary of the
new parent of the reorganized controlled group. 
 (b) The new parent corporation resulting from the restructuring is called
Northrop Grumman Corporation. All references in this Plan to the former Northrop Grumman Corporation and its Board of Directors now refer to the new parent corporation bearing the same name and its Board of Directors. 

(c) As of the 2001 Reorganization Date, the new Northrop Grumman Corporation became the sponsor of this Plan, and its Board of Directors
assumed authority over this Plan. 
 (d) 2001 Reorganization Date. The date as of which the corporate restructuring
described in (a) and (b) occurred. 
 (e) Litton Acquisition Date. The date as of which the conditions for the
completion of the Litton Acquisition were satisfied in accordance with the “Amended and Restated Agreement and Plan of Merger Among Northrop Grumman Corporation, Litton Industries, Inc., NNG, Inc., and LII Acquisition Corp. 

 

	 	8.12	Liabilities Transferred to HII 

 Northrop Grumman Corporation distributed its interest in Huntington Ingalls Industries, Inc. (“HII) to its shareholders on March 31, 2011 (the “HII Distribution Date”). Pursuant to an
agreement between Northrop Grumman Corporation and HII, on the HII Distribution Date certain employees and former employees of HII ceased to participate in the Plan and the liabilities for these participants’ benefits under the Plan were
transferred to HII. On and after the HII Distribution Date, the Company and the Plan, and any successors thereto, shall have no further obligation or liability to any such participant with respect to any benefit, amount, or right due under the Plan.

 *    *    * 

  
 -18-

 IN WITNESS WHEREOF, this Amendment and Restatement is hereby executed by
a duly authorized officer on this 27th day of January,
2012. 
  

	
	NORTHROP GRUMMAN CORPORATION
	
	By: /s/ Denise M. Peppard
	Denise Peppard
	Corporate Vice President and Chief Human Resources Officer

  
 -19-

 APPENDIX A 
 2005 TRANSITION RELIEF 
 The following provisions apply only during
2005, pursuant to transition relief granted in IRS Notice 2005-1: 
  

	A.1	Cash-Out 

 Participants
Separating from Service during 2005 for any reason before age 55 will receive an immediate lump sum distribution of their Account balances. Other Participants Separating from Service in 2005 will receive payments in accordance with their prior
elections. 
  

	A.2	Elections 

 During the
Plan’s open enrollment period in June 2005 Participants may fully or partially cancel 2005 deferral elections and receive in 2005 a refund of amounts previously deferred in 2005. 

In addition, individuals working in Company facilities impacted by Hurricane Katrina may stop or reduce 2005 elective contributions to
the Plan at any time during 2005. All payments under this Section A.2 will be made before the end of calendar year 2005. 
  

	A.3	Key Employees 

 Key
Employees Separating from Service on or after July 1, 2005, with distributions subject to Code section 409A and scheduled for payment in 2006 within six months of Separation from Service, may choose I or II below, subject to III: 

 

	 	I.	Delay the distributions described above for six months from the date of Separation from Service. The delayed payments will be paid as a single sum with interest at the
end of the six month period, with the remaining payments resuming as scheduled. 

  

	 	II.	Accelerate the distributions described above into a payment in 2005 without interest adjustments. 

 

	 	III.	Key Employees must elect I or II during 2005. 

  
 -A 1-

 APPENDIX B 
 DISTRIBUTION RULES FOR PRE-2005 AMOUNTS 
 Distribution of amounts
earned and vested (within the meaning of Code section 409A and regulations thereunder) under the Plan prior to 2005 (and earnings thereon) are exempt from the requirements of Code section 409A and shall be made in accordance with the Plan terms as
in effect on December 31, 2004 and as summarized in the following provisions. 
  

	 	B.1	Distribution of Contributions 

 (a) Distributions Upon Early Termination 
 (1) Voluntary
Termination. If a Participant voluntarily terminates employment with the Affiliated Companies before age 55 or Disability, distribution of his or her Account will be made in a lump sum on the Participant’s Payment Date. 

(2) Involuntary Termination. If a Participant involuntarily terminates employment with the Affiliated Companies before age 55,
distribution of his or her Account will generally be made in quarterly installments over a 5, 10 or 15-year period, commencing on the Participant’s Payment Date, in accordance with the Participant’s original election on his or her deferral
election form. Payment will be made in a lump sum if the Participant had originally elected a lump sum, if the Account balance is $50,000 or less, or if the Administrative Committee so requires. 

(b) Distribution After Retirement, Disability or Death. In the case of a Participant who separates from service with the
Affiliated Companies on account of Retirement, Disability or death and has an Account balance of more than $50,000, the Account shall be paid to the Participant (and after his or her death to his or her Beneficiary) in substantially equal quarterly
installments over 10 years commencing on the Participant’s Payment Date. 
 (1) An optional form of benefit may be elected
by the Participant, on the form provided by Administrative Committee, during his or her initial election period from among those listed below: 
 (A) A lump sum distribution on the Participant’s Payment Date. 
 (B) Quarterly installments over 5 years beginning on the Participant’s Payment Date. 
 (C) Quarterly installments over 10 years beginning on the Participant’s Payment Date. 

  
 -B 1-

 (D) Quarterly installments over 15 years beginning on the
Participant’s Payment Date. 
 (2) A Participant from time to time may modify the form of benefit that he or she has
previously elected. Upon his or her separation from service, the most recently elected form of distribution submitted at least 12 months prior to separation will govern. If no such election exists, distributions will be paid under the 10-year
installment method. 
 (3) In the case of a Participant who terminates employment with the Affiliated Companies on account of
Retirement, Disability or death with an Account balance of $50,000 or less, the Account shall be paid to the Participant in a lump sum distribution on the Participant’s Payment Date. 

(4) In general, upon the Participant’s death, payment of any remaining Account balance will be made to the Beneficiary in a lump
sum on the Payment Date. But the Beneficiary will receive any remaining installments (starting on the Payment Date) if the Participant was receiving installments, or if the Participant died on or after age 55 with an Account balance over $50,000 and
with an effective installment payout election in place. In such cases, the Beneficiary may still elect a lump sum payment of the remaining Account balance, but only with the Administrative Committee’s consent. 

(c) Distribution With Scheduled Withdrawal Date. A Participant who has elected a Scheduled Withdrawal Date for a distribution
while still in the employ of the Affiliated Companies, will receive the designated portion of his or her Account as follows: 

(1) A Participant’s Scheduled Withdrawal Date can be no earlier than two years from the last day of the Plan Year for which the
deferrals of Compensation are made. 
 (2) A Participant may extend the Scheduled Withdrawal Date for any Plan Year, provided
such extension occurs at least one year before the Scheduled Withdrawal Date and is for a period of not less than two years from the Scheduled Withdrawal Date. The Participant shall have the right to twice modify any Scheduled Withdrawal Date.

 (3) Payments under this subsection may be in the form of a lump sum, or 2, 3, 4 or 5-year quarterly installments. The
default form will be a lump sum. If the Account balance to be distributed is $25,000 or less, payment will automatically be made in a lump sum. Payments will commence on the Scheduled Withdrawal Date. 

(4) In the event a Participant terminates employment with the Affiliated Companies prior to the commencement or completion of a
distribution under this subsection, the portion of the Participant’s Account associated with a Scheduled Withdrawal Date which has not been distributed prior to such termination shall be distributed in accordance with Section B.1(a) and
(b) along with the remainder of the Account. 
  

	 	B.2	Early Non-Scheduled Distributions 

  
 -B 2-

 A Participant shall be permitted to elect an Early Distribution from his or her Account
prior to a Payment Date under Section B.1, subject to the following restrictions: 
 (a) The election to take an Early
Distribution shall be made by filing a form provided by and filed with the Administrative Committee prior to the end of any calendar month. 
 (b) The amount of the Early Distribution shall equal up to 90% of his or her Account balance. 
 (c) The amount described in subsection (b) above shall be paid in a lump sum as of a date after the receipt by the Administrative Committee of the request for a withdrawal under this Section. The
exact date will be determined by the Administrative Committee to allow time for administrative processing. 
 (d) A Participant
shall forfeit 10% of the amount of the requested distribution. The Affiliated Companies shall have no obligation to the Participant or his or her Beneficiary with respect to such forfeited amount. 

(1) Example 1: A Participant requests a distribution of 100% of the Account. The Participant receives 90%. The amount forfeited
is 10% of the Account. 
 (2) Example 2: A Participant requests a distribution of 50% of the Account. The Participant
receives 45%. The amount forfeited is 5% of the Account. 
 (e) All distributions shall be made on a pro rata basis from among a
Participant’s investment subaccounts. 
  

	 	B.3	Hardship Distribution 

 A
Participant shall be permitted to elect a Hardship Distribution from his or her Account prior to a Payment Date under Section B.1, subject to the following restrictions: 
 (a) The election to take a Hardship Distribution shall be made by filing a form provided by and filed with the Administrative Committee prior to the end of any calendar month. 

(b) The Administrative Committee shall have made a determination that the requested distribution constitutes a Hardship Distribution.

 (c) The amount determined by the Administrative Committee as a Hardship Distribution shall be paid in a lump sum as of a date
after the approval by the Administrative Committee of the request for a withdrawal under this Section. The exact date will be determined by the Administrative Committee to allow time for administrative processing. 

 

	 	B.4	Plan Termination 

  
 -B 3-

 In the event that this Plan is terminated, the amounts allocated to a Participant’s
Account shall be distributed to the Participant or, in the event of his or her death, to his or her Beneficiary in a lump sum. 

  
 -B 4-

 APPENDIX C  

TRANSFER OF LIABILITIES – 
 NORTHROP GRUMMAN EXECUTIVE DEFERRED COMPENSATION PLAN 
  

	 	C.1	Background 

 Effective
March 1, 2001, all liabilities under the Northrop Grumman Executive Deferred Compensation Plan other than the Estate Enhancement Program Account, were transferred to this Plan. This Appendix describes the treatment of those liabilities (plus
earnings) (“Transferred Liabilities”) and the Participant to whom those liabilities are owed (“Transferred Participant”). 
  

	 	C.2	Treatment of Transferred Liabilities 

 The Transferred Liabilities will generally be treated under the Plan like Compensation deferred in accordance with Article III. 

 

	 	C.3	Investments 

 The
Transferred Participant may make investment elections for the Transferred Liabilities in accordance with Section 3.3. Section 3.4 will also apply. 
  

	 	C.4	Distributions 

Distributions of amounts corresponding to the Transferred Liabilities will generally be made in accordance with the provisions of Appendix
B. The following exceptions and special rules apply: 
 (a) Section B.1 

(1) For purposes of Sections B.1(a)(2) and B.1(b)(1), the Transferred Participant will be deemed to have made an election of 5 or
10-year installments corresponding to his elections of 5 or 10-year installments under Section 6.9(b)(2) of the Northrop Grumman Executive Deferred Compensation Plan. 
 (2) The Transferred Participant may utilize Section B.1(b)(2) to vary the form of his distribution. 
 (3) Distributions under Section B.1(c) are not available. 

  
 -C 1-

 (b) Section B.2. The Early Non-Scheduled Distribution election is available. The
Transferred Liabilities will be aggregated with any other amounts in the Transferred Participant’s Account for purposes of distributions under Section B.2. 
 (c) Sections 6.3-6.6. These Sections are fully applicable. 
  

	 	C.5	Other Provisions 

 The
Transferred Liabilities and the Transferred Participant will be fully subject to the provisions of Articles IV, V, VII and VIII. 

  
 -C 2-

 APPENDIX D  

TRANSFER OF LIABILITIES – 
 AEROJET-GENERAL LIABILITIES 
  

	 	D.1	Background 

 (a) Effective
as of the Closing Date specified in the April 19, 2001 Asset Purchase Agreement by and Between Aerojet-General Corporation and Northrop Grumman Systems Corporation (the “APA”), certain liabilities (“Transferred Liabilities”)
under the Benefits Restoration Plan for Salaried Employees of GenCorp Inc. and Certain Subsidiary Companies and the GenCorp Inc. and Participating Subsidiaries Deferred Bonus Plan were transferred to this Plan. 

(b) The transfer took place pursuant to section 10.6 of the APA, under which Northrop Grumman acquired the Azusa and Colorado Operations
units from Aerojet-General Corporation. That section reads: 
 * * * * * 

10.6 Unfunded Deferred Compensation 
 (a) Subject to legal requirements for employee acquiescence, as of the effective time of the Closing, the Purchaser shall assume any and all obligations of the Seller to pay any and all unfunded deferred
compensation as set forth on Schedule 10.6 for all Transferring Employees, provided such benefits are adequately reflected on the Balance Sheet. 
 (b) The Seller shall retain any and all legal obligation to pay any and all unfunded deferred compensation for all Aerojet Employees that are not Transferring Employees. 

* * * * * 
 (c)
This Appendix is intended to effectuate the assumption of certain of the liabilities contemplated by section 10.6 of the APA. It describes the treatment of those liabilities (plus earnings) and the Participants to whom those liabilities are owed
(“Transferred Participants”). 
 (d) The only liabilities assumed by this Plan are: 

(1) those from the GenCorp Inc. and Participating Subsidiaries Deferred Bonus Plan, and 

  
 -D 1-

 (2) those liabilities under the Benefits Restoration Plan for Salaried Employees of GenCorp
Inc. and Certain Subsidiary Companies which represent supplements with respect to an Aerojet defined contribution plan. 
 No liabilities are
assumed which represent supplements with respect to an Aerojet defined benefit plan. 
 (e) The assumed liabilities will be
represented by starting Account balances for the Transferred Participants, determined in the discretion of the Administrative Committee. 
  

	 	D.2	Treatment of Transferred Liabilities 

 The Transferred Liabilities will generally be treated under the Plan like Compensation deferred in accordance with Article III. 

 

	 	D.3	Investments 

 The
Transferred Participants may make investment elections for the Transferred Liabilities in accordance with Section 3.3. Section 3.4 will also apply. 
  

	 	D.4	Distributions 

Distributions of amounts corresponding to the Transferred Liabilities will generally be made in accordance with the provisions of Appendix
B. The following exceptions and special rules apply: 
 (a) Section B.1 

(1) For purposes of Sections B.1(a)(2) and B.1(b)(1), the Transferred Participants will be deemed to have made an election of 10-year
installments. 
 (2) The Transferred Participants may utilize Section B.1(b)(2) to vary the form of their distributions.

 (3) Distributions under Section B.1(c) are not available. 

(b) Section B.2. The Early Non-Scheduled Distribution election is available. The Transferred Liabilities will be aggregated with
any other amounts in the Transferred Participants’ Accounts for purposes of distributions under Section B.2. 
 (c)
Sections 6.3-6.6. These Sections are fully applicable. 
  

	 	D.5	Other Provisions 

 The
Transferred Liabilities and the Transferred Participants will be fully subject to the provisions of Articles IV, V, VII and VIII. 

  
 -D 2-

 APPENDIX E 
 TRANSFER OF LIABILITIES – TASC, INC. SUPPLEMENTAL 

RETIREMENT PLAN 
  

	 	E.1	Background 

 (a) Effective
as of the TASC Merger Date, all liabilities under the TASC, Inc. Supplemental Retirement Plan were transferred to this Plan. This Appendix describes the treatment of those liabilities (plus earnings) (“Transferred Liabilities”) and the
Participant to whom those liabilities are owed (“Transferred Participant”). 
 (b) The “TASC Merger Date” is
March 28, 2003 or such other date that the Northrop Grumman Director of Benefits Administration and Services determines is feasible. If the Northrop Grumman Director of Benefits Administration and Services determines that March 28, 2003 is
not feasible, he shall identify in writing, before March 28, 2003, a date that is feasible. 
  

	 	E.2	Treatment of Transferred Liabilities 

 The Transferred Liabilities will generally be treated under the Plan like Compensation deferred in accordance with Article III. 

 

	 	E.3	Investments 

 The
Transferred Participant may make investment elections for the Transferred Liabilities in accordance with Section 3.3. Section 3.4 will also apply. 
  

	 	E.4	Distributions 

Distributions of amounts corresponding to the Transferred Liabilities will generally be made in accordance with the provisions of Appendix
B. 
  

	 	E.5	Other Provisions 

 The
Transferred Liabilities and the Transferred Participant will be fully subject to the provisions of Articles IV, V, VII and VIII. 

  
 -E 1-

 APPENDIX F  

2008 TRANSITION RELIEF 
 Pursuant to transition rules under Code section 409A, during a specified period in 2008, Participants who had previously elected in 2008 to defer amounts that would otherwise be payable in 2009 may make a
new election with respect to such amounts. Such an election must provide for a lower deferral percentage for each compensation category than the originally elected percentage. And if a Participant makes such an election, the Participant may also
make a new distribution election (in accordance with the Plan’s distribution rules in Section 6.1) for such amounts. 

  
 -F 1-

 APPENDIX G  

COMMITTEES AND APPOINTMENTS 
 Notwithstanding anything to the contrary in this Plan, effective October 25, 2011, the Chief Executive Officer of Northrop Grumman Corporation shall appoint, and shall have the power to remove, the
members of (1) an Administrative Committee that shall have responsibility for administering the Plan (including as such responsibilities are described in Article VII of the Plan) and (2) an Investment Committee that shall have
responsibility for overseeing any rabbi trusts or other informal funding for the Plan. 

  
 -G 1-

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