Document:

First Amendment to the Ingersoll-Rand Company Supplemental Pension Plan II

 Exhibit 10.22 
 FIRST AMENDMENT 
 TO THE INGERSOLL-RAND COMPANY 
 SUPPLEMENTAL PENSION PLAN II 
 WHEREAS, Ingersoll-Rand Company, a New Jersey corporation, adopted the Ingersoll-Rand Company Supplemental Pension Plan II (the “Plan”), which was originally effective on January 1, 2005; and 
 WHEREAS, effective July 1, 2009, a corporate reorganization was effected pursuant to arrangements under Bermuda law which will result
in a new parent company, Ingersoll-Rand plc (“IR plc”) (“Irish Reorganization”); and 
 WHEREAS, Ingersoll-Rand
Company desires to amend the Plan in accordance with Section 4.1 of the Plan to reflect that the Irish Reorganization shall not be deemed a “change in control” for purposes of the Plan and that on and after the effective date of the
Irish Reorganization, a “change in control” shall refer solely to Ingersoll-Rand plc; and 
 NOW THEREFORE, the Plan is
hereby amended, effective July 1, 2009, as described below: 
 1. Sections 4.1(a) and (b) of the Plan is deleted in its entirety
and, inserting the following, in lieu thereof: 
 “(a) This Supplemental Pension Plan II may, at any time and from time
to time, be amended or terminated, without consent of any Employee or beneficiary (i) by the Board of Directors of Ingersoll-Rand plc (“IR plc”) (or if Ingersoll-Rand plc is a subsidiary of any other company, of the ultimate parent
company) or the Compensation Committee (as described in Section 4.3), or (ii) in the case of amendments which do not materially modify the provisions hereof, the Company’s Administrative Committee (as described in Section 4.3),
provided, however, that no such amendment or termination shall reduce any benefits accrued or vested under the terms of this Supplemental Pension Plan II as of the date of termination or amendment. 
 (b) Notwithstanding the foregoing, following a “change in control” of IR plc, any amendment modifying or terminating this
Supplemental Pension Plan II shall have no force or effect. For purposes hereof, a “change in control” shall have the meaning designated: (i) in the Ingersoll-Rand Company Amended and Restated Grantor Trust Agreement dated
August 6, 1999 between the Company and Wachovia Bank, as trustee, or (ii) in such other trust agreement that restates or supercedes the agreement referred to in clause (i), in either case for purposes of satisfying certain obligations to
executive employees of Ingersoll-Rand Company. For purposes of this Section 4, on and after the effective date of the Irish Reorganization, the term “change in control” shall refer solely to a “change in control” of IR
plc.” 
  

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 2. Section 4.3 of the Plan of the Plan is deleted in its entirety and, inserting the following, in
lieu thereof: 
 “4.3 Compensation Committee. This Supplemental Pension Plan II shall be administered by the
Compensation Committee appointed by the Board of Directors of IR plc or any successor committee appointed by the Board of Directors of IR plc (or if Ingersoll-Rand plc is a subsidiary of any other company, of the ultimate parent company), (the
“Compensation Committee”). The Compensation Committee has delegated to the members of the administrative committee appointed by the Company’s Chief Executive Officer (the “Administrative Committee”) the authority to
administer this Supplemental Pension Plan II in accordance with its terms. Subject to review by the Compensation Committee, the Administrative Committee shall make all determinations as to the right of any person to a benefit. Any denial by the
Administrative Committee of the claim for benefits under this Supplemental Pension Plan II by an Employee or beneficiary shall be stated in writing by the Administrative Committee and delivered or mailed to the Employee or beneficiary. Such notice
shall set forth the specific reasons for the Administrative Committee’s decision. In addition, the Administrative Committee shall afford a reasonable opportunity to any Employee or beneficiary whose claim for benefits has been denied for a
review of the decision denying the claim.” 
 3. Except as specifically set forth herein, all other terms of the Plan shall remain in
full force and effective and are hereby ratified in all respects. 
 IN WITNESS WHEREOF, the Company has had its duly authorized
representative sign this Amendment as of July 1, 2009 
  

			
	INGERSOLL-RAND COMPANY
		
	By:	 	/s/ Barbara A. Santoro
	Name:	 	Barbara A. Santoro
	Title:	 	Vice President & Secretary

  

 2Amendment to the Ingersoll-Rand Company Management Incentive Unit Plan

 Exhibit 10.23 
 AMENDMENT TO THE 
 INGERSOLL-RAND COMPANY 
 MANAGEMENT INCENTIVE UNIT PLAN 
 WHEREAS, Ingersoll-Rand Company (the “Company”) maintains the Ingersoll-Rand Company Management Incentive Unit Plan (the “Plan”) to provide benefits to certain individuals employed by the Company and its
subsidiaries; and 
 WHEREAS, no Management Incentive Unit Award has been made under the Plan since 1990, and all previously unvested
awards under the Plan became vested on January 1, 2003; and 
 WHEREAS, under Article XV of the Plan, the Company has reserved
the right to amend or terminate the Plan at any time; 
 and 
 WHEREAS the Company desires to amend the Plan to reflect the change in the new ultimate parent of the Company and issuer of the Common Stock; 
 NOW THEREFORE, the Plan is hereby amended as follows: 
 Effective July 1, 2009, all references in the Plan to “Common Stock” shall mean the ordinary shares, par value $1.00 per share, of Ingersoll-Rand plc, an Irish company. 
 All other provisions of the Plan shall remain unchanged and in full force and effect. 
 IN WITNESS WHEREOF, the Company has caused this amendment to be executed by its duly authorized representative as of July 1, 2009 
  

			
	INGERSOLL-RAND COMPANY
		
	By:	 	/s/ Barbara A. Santoro
		 	Barbara A. Santoro
		 	Vice President & SecretarySecond Amendment to the Ingersoll-Rand Company Elected Officer Supp Program

 Exhibit 10.24 
 SECOND AMENDMENT 
 TO THE INGERSOLL-RAND COMPANY 
 ELECTED OFFICER SUPPLEMENTAL PROGRAM 
 WHEREAS, Ingersoll-Rand Company, a New Jersey corporation, adopted the Ingersoll-Rand Company Elected Officer Supplemental Program (the “Plan”), which was originally effective on June 30, 1995, and subsequently amended
and restated effective January 1, 2003; and 
 WHEREAS, effective July 1, 2009, a corporate reorganization was effected
pursuant to arrangements under Bermuda law which will result in a new parent company, Ingersoll-Rand plc (“IR plc”) (“Irish Reorganization”); and 
 WHEREAS, Ingersoll-Rand Company desires to amend the Plan in accordance with Section 8.1 of the Plan to reflect that the Irish Reorganization shall not be deemed a “Change in Control” for
purposes of the Plan and that on and after the effective date of the Irish Reorganization, a “Change in Control” shall refer solely to Ingersoll-Rand plc; and 
 NOW THEREFORE, the Plan is hereby amended, effective July 1, 2009, as set forth below: 
 1.
Section 1.2 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “The
‘Board’ shall mean the Board of Directors of Ingersoll-Rand plc (or if Ingersoll-Rand plc is a subsidiary of any other company, of the ultimate parent company).” 
 2. Section 1.3 of the Plan, “Change in Control”, is hereby amended by adding the following to the end thereof: 
 “Further notwithstanding the foregoing provisions of this Section 1.3, or any other provision in this Plan or the Ingersoll-Rand
Company Limited Incentive Stock Plan of 2007, none of the transactions contemplated by the Irish Reorganization that are undertaken by (i) Ingersoll-Rand Company Limited or its affiliates prior to, or as of, the effective date of the Irish
Reorganization or (ii) Ingersoll-Rand plc or its affiliates on and after the effective date of the Irish Reorganization shall trigger, constitute or be deemed a ‘Change in Control.’ On and after the effective date of the Irish
Reorganization, the term ‘Change in Control’ shall refer solely to a ‘Change in Control’ of Ingersoll-Rand plc.” 
  

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 3. Section 1.5 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof:

 “‘Committee’ shall mean the Compensation Committee of Ingersoll-Rand plc” 
 4. Section 1.8 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “‘Elected Officer’ means an individual elected by the Board as an officer of the Company or Ingersoll-Rand plc.”

 5. Section 2.1 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “An individual employed by the Company shall commence participation in the Program upon (a) becoming an Elected Officer of the
Company (or of Ingersoll-Rand plc) and (b) being approved for participation by the Compensation Committee.” 
 6. Section 7.2
of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “Following a Change in Control
of Ingersoll-Rand plc, any amendment modifying or terminating the Program shall have no force or effect.” 
 7. Except as specifically
set forth herein, all other terms of the Plan shall remain in full force and effective and are hereby ratified in all respects. 
 IN
WITNESS WHEREOF, the Company has had its duly authorized representative sign this Amendment as of July 1, 2009 
  

			
	INGERSOLL-RAND COMPANY
		
	By:	 	/s/ Barbara A. Santoro
	Name:	 	Barbara A. Santoro
	Title:	 	Vice President & Secretary

  

 2First Amend to the Ingersoll-Rand Company Elected Officer Supp Program II

 Exhibit 10.25 
 FIRST AMENDMENT 
 TO THE INGERSOLL-RAND COMPANY 
 ELECTED OFFICER SUPPLEMENTAL PROGRAM II 
 WHEREAS, Ingersoll-Rand Company, a New Jersey corporation, adopted the Ingersoll-Rand Company Elected Officer Supplemental Program II (the “Plan”), which was originally effective on January 1, 2005, and subsequently
amended and restated effective January 1, 2009; and 
 WHEREAS, effective July 1, 2009, a corporate reorganization was
effected pursuant to arrangements under Bermuda law which will result in a new parent company, Ingersoll-Rand plc (“IR plc”) (“Irish Reorganization”); and 
 WHEREAS, Ingersoll-Rand Company desires to amend the Plan in accordance with Section 8.1 of the Plan to reflect that the Irish Reorganization
shall not be deemed a “Change in Control” for purposes of the Plan and that on and after the effective date of the Irish Reorganization, a “Change in Control” shall refer solely to Ingersoll-Rand plc; and 
 NOW THEREFORE, the Plan is hereby amended, except as otherwise described below effective July 1, 2009, as described below: 
 1. Section 1.2 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “The ‘Board’ shall mean the Board of Directors of Ingersoll-Rand plc (or if Ingersoll-Rand plc is a subsidiary of any other
company, of the ultimate parent company).” 
 2. Section 1.3 of the Plan, “Change in Control”, is hereby amended by
adding the following to the end thereof: 
 “Further notwithstanding the foregoing provisions of this Section 1.3,
or any other provision in this Plan or the Ingersoll-Rand Company Limited Incentive Stock Plan of 2007, none of the transactions contemplated by the Irish Reorganization that are undertaken by (i) Ingersoll-Rand Company Limited or its
affiliates prior to, or as of, the effective date of the Irish Reorganization or (ii) Ingersoll-Rand plc or its affiliates on and after the effective date of the Irish Reorganization shall trigger, constitute or be deemed a ‘Change in
Control.’ On and after the effective date of the Irish Reorganization, the term ‘Change in Control’ shall refer solely to a ‘Change in Control’ of Ingersoll-Rand plc.” 
  

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 3. Section 1.7 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof:

 “‘Elected Officer’ means an individual elected by the Board as an officer of the Company or Ingersoll-Rand
plc.” 
 4. Section 1.18 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “‘Year of Service’ shall be determined in accordance with the provisions of the Pension Plan or such other qualified
defined benefit pension plan or Foreign Plan in which an Employee participates that are applicable to determining the Employee’s years of vesting service under such plan. For purposes of this Section, a qualified defined benefit pension plan
means a plan defined in Code Section 414(j) which is sponsored by an Employer. Notwithstanding any provision of the Program to the contrary, in the event an Employee earns one or more hours of service during a calendar year, he shall be
credited with a Year of Service with respect to such year for purposes of the Program. Further, the preceding sentence notwithstanding, any Employee who becomes a Participant in Program on or after effective May 18, 2009 and who earns one or
more hours of service during a calendar month shall be credited with a service only for that month for purposes of the Program. Unless otherwise agreed by the Company, an Employee’s Years of Service shall exclude any period of service during
which the employer of the Employee was not an Employer under the Program, and shall not include any period of service in a calendar year following the year of the Employee’s Separation from Service.” 
 5. Section 2.1 of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “An individual employed by the Company shall commence participation in the Program upon (a) becoming an Elected Officer of the
Company (or of Ingersoll-Rand plc) and (b) being approved for participation by the Compensation Committee.” 
 6. Section 7.2
of the Plan is deleted in its entirety and, inserting the following, in lieu thereof: 
 “Following a Change in Control
of Ingersoll-Rand plc, any amendment modifying or terminating the Program shall have no force or effect.” 
 7. Except as specifically
set forth herein, all other terms of the Plan shall remain in full force and effective and are hereby ratified in all respects. 
  

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 IN WITNESS WHEREOF, the Company has had its duly authorized representative sign this Amendment as
of July 1, 2009 
  

			
	INGERSOLL-RAND COMPANY
		
	By:	 	/s/ Barbara A. Santoro
	Name:	 	Barbara A. Santoro
	Title:	 	Vice President & Secretary

  

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