Document:

EX-10.(F)(IV) Amendment No. 3 to Retirement Plan

EXHIBIT 10(f)(iv)

AMENDMENT NUMBER THREE

TO THE

HARRIS CORPORATION RETIREMENT PLAN

     WHEREAS, Harris Corporation, a Delaware corporation (the “Corporation”), heretofore
has adopted and maintains the Harris Corporation Retirement Plan, as amended and restated effective
July 1, 2007 (the “Plan”);

     WHEREAS, pursuant to Section 17.1 of the Plan, the Management Development and Compensation
Committee of the Corporation’s Board of Directors (the “Compensation Committee”) has the
authority to amend the Plan;

     WHEREAS, pursuant to Section 13.3 of the Plan, the Compensation Committee has delegated to the
Employee Benefits Committee of the Corporation (the “Employee Benefits Committee”) the
authority to adopt non-material amendments to the Plan;

     WHEREAS, the Employee Benefits Committee desires to amend the Plan (i) to reflect the
restructuring of Harris Technical Services Corporation and Multimax Incorporated into a single
company, Harris IT Services Corporation; (ii) to provide that contributions to the Plan of amounts
payable under the Corporation’s Performance Reward Plan (or any similar plan) shall be made on a
pre-tax basis; (iii) to clarify the treatment, pending participant investment direction, of the
proceeds from a tender offer impacting the Harris Stock Fund; (iv) to reflect newly-effective
regulations under section 415 of the Internal Revenue Code of 1986, as amended, relating to
limitations on contributions to qualified plans and (v) to reflect the maintenance of a “qualified
non-elective contribution” money source on behalf of certain former participants in the Multimax,
Inc. 401(k) Retirement Savings Plan; and

     WHEREAS, the Employee Benefits Committee has determined each of the above-described amendments
to be non-material.

 

 

     NOW, THEREFORE, BE IT RESOLVED, that the Plan hereby is amended, effective as of July 1, 2008
or as of such other date set forth herein, as follows:

1. Effective July 1, 2007, the definition of “Compensation” set forth in Article 2 hereby is
amended to add the following new sentence at the end of the final paragraph thereof:

Finally, in no event shall Compensation for purposes of this Plan include any amount
that is not “compensation” within the meaning of section 415(c)(3) of the Code and
Treasury Regulation section 1.415(c)-2.

     2. Effective June 28, 2008, the definition of “HITS Business Unit Employee” set forth in
Article 2 hereby is amended in its entirety to read as follows:

HITS Business Unit Employee. An Eligible Employee of Harris IT Services
Corporation.

     3. Effective June 28, 2008, the definition of “Wage Determination HES Employee” set forth in
Article 2 hereby is amended to replace the phrase “Harris Technical Services Corporation” set forth
therein with the phrase “Harris IT Services Corporation”.

     4. Section 4.1(c) hereby is amended in its entirety to read as follows:

     (c) Performance Reward Plan Deferral Election. Subject to the
limitations set forth in Article 6, a Participant may elect, in accordance with
procedures prescribed by the Administrative Committee, to have his or her Employer
make a pre-tax contribution on his or her behalf of PRP Compensation, if any. The
percentage of PRP Compensation so elected by a Participant pursuant to this Section
4.1(c) shall be 0%, 50% or 100%.

     5. The phrase “, irrespective of whether such contribution is made pursuant to Section 4.1(c)
or Section 5.1(c)” hereby is deleted from Section 4.2(e).

     6. Section 5.1(c) hereby is deleted in its entirety and Section 5.1(d) hereby is renumbered
as Section 5.1(c).

     7. Effective July 1, 2007, the fourth sentence of Section 6.1(b)(2) hereby is amended in its
entirety to read as follows:

Any excess deferrals that are distributed in accordance with this subsection (b)(2)
shall not be treated as “annual additions” for purposes of Section 6.3.

2

 

     8. Effective July 1, 2007, Section 6.2(c)(7) hereby is amended to add the following new
sentence at the end thereof:

In any event, the term “compensation” shall not include any amount excludable under
Treasury Regulation section 1.415(c)-2(g)(5)(ii).

     9. Effective July 1, 2007, Section 6.3 hereby is amended in its entirety to read as follows:

     Section 6.3. Maximum Annual Additions under Section 415 of
the Code. Notwithstanding any other provision of the Plan, the amounts
allocated to the Account of each Participant for any limitation year shall be
limited so that the aggregate annual additions for such year to the Participant’s
Account and to the Participant’s accounts in all other defined contribution plans
maintained by an employer shall not exceed the lesser of:

     (i) $46,000 (as adjusted pursuant to section 415(d) of the Code); and

     (ii) 100% of the Participant’s compensation for such limitation year (or such
other percentage of compensation set forth in section 415(c) of the Code).

     The “annual additions” to a Participant’s Account and to the Participant’s
account in any other defined contribution plan maintained by an employer is the sum
for such limitation year of:

     (a) the amount of employer contributions (including pre-tax contributions and
designated Roth contributions) allocated to the Participant’s account, excluding,
however, (X) pre-tax contributions and designated Roth contributions that are
“catch-up contributions” made pursuant to section 414(v) of the Code, (Y) excess
deferrals that are distributed in accordance with section 402(g) of the Code and (Z)
restorative payments (within the meaning of Treasury Regulation section
1.415(c)-1(b)(2)(ii)(C)),

     (b) the amount of forfeitures allocated to the Participant’s account,

     (c) the amount of contributions by the Participant to any such plan, but
excluding any rollover contributions or loan repayments,

     (d) the amount allocated on behalf of the Participant to any individual medical
benefit account (as defined in section 415(l) of the Code) or, if the Participant is
a key employee within the meaning of section 419A(d)(3) of the Code, to any
post-retirement medical benefits account established pursuant to section 419A(d)(1)
of the Code, and

     (e) the amount of mandatory employee contributions within the meaning of
section 411(c)(2)(C) of the Code by such Participant to a defined benefit plan,
regardless of whether such plan is subject to the requirements of section 411 of the
Code.

3

 

     For purposes of this Section, the “limitation year” shall be the Plan Year, the
term “compensation” shall have the meaning set forth in Treasury Regulation section
1.415(c)-2, the term “defined contribution plan” shall have the meaning set forth in
Treasury Regulation section 1.415(c)-1(a)(2), and a Participant’s employer shall
include entities that are members of the same controlled group (within the meaning
of section 414(b) of the Code as modified by section 415(h) of the Code) or
affiliated service group (within the meaning of section 414(m) of the Code) as the
Participant’s employer or under common control (within the meaning of section 414(c)
of the Code as modified by section 415(h) of the Code) with the Participant’s
employer or such entities.

     10. The second sentence of the last paragraph of Section 12.2(b) hereby is amended in its
entirety to read as follows:

Any cash proceeds from the sale or exchange of shares of Harris Stock in the Harris
Stock Fund shall be invested in a commingled fund maintained by the Trustee
designated to hold such amounts, and any securities or other property received as a
result of such a sale or exchange shall be held by the Trustee, in each case pending
investment instructions from the Participants (and Beneficiaries) or the Investment
Committee, as the case may be.

     11. Effective July 1, 2007, Section 16.2(a)(4) hereby is amended in its entirety to read as
follows:

     (4) Compensation. Compensation shall have the meaning set forth in
Treasury Regulation section 1.415(c)-2. Compensation for this purpose shall not
include any amount excludable under Treasury Regulation section
1.415(c)-2(g)(5)(ii).

     12. Effective as of the date hereof, Section 4 of Schedule A hereby is amended to add thereto
the following new subsection (e):

     (e) Qualified Nonelective Contributions. The Accounts of certain
Participants who formerly participated in the Multimax Plan currently contain, or
may in the future contain, QNECs. For purposes of the Plan, such QNECs and earnings
thereon (i) shall be 100% vested and nonforfeitable and (ii) shall be ineligible for
hardship withdrawal.

4

 

     APPROVED
by the HARRIS CORPORATION EMPLOYEE BENEFITS COMMITTEE on
this 5th  day of June, 2008.

	 	 	 	 
	 

	 	/s/ John D. Gronda	 
	 

	 	John D. Gronda, Secretary	 

5EX-10.(P)(II) Addendum to January 23, 2007 Letter

EXHIBIT 10(p)(ii)

	 	 	 
	

	 	HARRIS CORPORATION
	 
	HOWARD L. LANCE

	 	1025 West NASA Boulevard
	Chairman, President and

	 	Melbourne, FL USA 32919
	Chief Executive Officer

	 	phone 1-321-724-3900
	 
	 	 
	 

	 	www.harris.com

December 5, 2007

Mr. Timothy Thorsteinson

59 Farnham Avenue West

Toronto, Ontario M4V1 H6

Canada

Subject: Addendum to January 23, 2007 Letter of Agreement

Dear Tim:

This will confirm our recent discussion whereby the terms of your January 23, 2007 Letter of
Agreement with be extended through June 30, 2008. Between now and the end of this fiscal year, I
will be working with you and Jeff Shuman to conduct a comprehensive review of your wage and benefit
package. It is my intention to have a new Letter of Agreement effective at the beginning of FY’09.

For clarification purposes, for the remainder of this fiscal year your base salary will remain
$440,000 USD and will be converted to CAD based on a conversion rate CAD $1.33 vs. $1.00 USD.
Further your annual Incentive Plan (AIP) performance target will remain $300,000 USD and will be
converted to CAD $399,000 using the above reference exchange rate. Your AIP payment will continue
to be subject to the terms of the plan and its related documents.

Tim, I’m pleased that we had the discussion last week and look forward to continuing our working
relationship as we grow the company. If you have any questions please contact me or Jeff Shuman.

Sincerely,

/s/ Howard L. Lance        

Howard L. Lance

Attachment

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