Document:

EX-10(II) Amendment No. 1 to Service Agreement

Exhibit 10(ii)

AMENDMENT NO. 1

TO

SERVICE AGREEMENT

            This Amendment No. 1 (“Amendment”) entered into as of this 15th day of
February, 2000, between and among LucasVarity Limited, a private limited
company registered in England and Wales (formerly known as LucasVarity plc)
(the “Company”), TRW Inc., an Ohio corporation (the “Parent”), and John Charles
Plant (the “Executive”).

      WITNESSETH:

            WHEREAS,
a Service Agreement (“Agreement”) dated April 17, 1997 was
previously entered into between Lucas Limited, the Company and the Executive;

            WHEREAS, the Parent, through a subsidiary, has since acquired all of the
outstanding capital stock of the Company, thereby rendering both the Company
and Lucas Limited wholly owned, indirect subsidiaries of the Parent;

            WHEREAS, the Parent will assume the obligations of and succeed to the
rights of the Company and the Company will assume the obligations of and
succeed to the rights of Lucas Limited under the Agreement, as modified by this
Amendment;

            WHEREAS,
as a result of the acquisition of the Company by the Parent, the
duties and responsibilities of the Executive have changed; and

            WHEREAS,
the Parent, the Company and the Executive wish to amend the
Agreement so as to set forth therein the duties and responsibilities of the
Executive as of the date hereof.

            
NOW, THEREFORE, the Parent, the Company and the Executive agree that the
Agreement is hereby amended as follows:

		
	 	      1. All references to the “Parent” and the “Company” in the Agreement
shall, from the date of this Amendment, be deemed to refer to TRW Inc. and
LucasVarity Limited, respectively.

		
	 	      2. Clause 2 of the Agreement is deleted in its entirety and replaced
with the following:

	 	 	 
			
The Company shall employ the executive as Executive Vice President
and General Manager, TRW Chassis Safety Systems, and the Executive
shall serve the Company and the Group on the terms set out in this
agreement (the “Appointment”). The Appointment shall take effect
from August 16, 1999.

		
	 	      3. Clause 3 is amended by deleting Subclause 6 in its entirety and
replacing it with the following and by adding a new Subclause 7, as follows:

	 	 	 
	(6)		
If the Executive’s principal place of work
changes from Detroit by mutual agreement and it is necessary
for the Executive to relocate, the Company will pay the
Executive’s reasonable expenses in connection with the
relocation.
	 
	(7)		
The Company assumes the obligations of the
expatriate agreement of May 18, 1998 which may not be varied
without mutual consent.

		
	 	      4. Clause 11 is amended as follows:

	 	 	 
	a.		
The reference in subclause (2) to the rules and
regulations of the London Stock Exchange is hereby amended to
refer to the rules and regulations of the New York Stock
Exchange, Inc.
	 
	b.		
Subclause (3) is deleted in its entirety and
replaced with the following:
	 
			
To the extent applicable, the Executive shall comply with
the terms of the Parent’s Stock Ownership Guidelines, as
amended from time to time.

		
	 	      5. Subclause (2)(h) of Clause 12 is amended by deleting it in
its entirety.
	 
	 	      6. Subclause 4 of Clause 14 is amended by adding the following as
subclause 4(d) thereof:

	 	 	 
			
If the Executive is terminated by the Company (other than in
accordance with Clause 12 above) at any time prior to August 31,
2001, the Executive shall receive additional annual pension
payments calculated as follows: one – half of the difference
between the age 50 benefit payable from the Lucas Pension Scheme
that the Executive would have received had he remained employed
until August 31, 2003 and retired at Company request and the
age 50 pension benefit he can receive from the Lucas Pension Scheme
based on his termination date. Such payments will commence at age
50 and will continue until the Executive’s death with 50% of the
annual payment continuing to the Executive’s spouse for her
lifetime should he predecease her.

		
	 	      7. Clause 10 is amended by deleting each reference to “the Company”
and, in each instance, replacing it with a reference to “the Group Company.”
	 
	 	      8. The First Schedule to the Agreement is amended by deleting the
phrase beginning “Working Overseas –” in its entirety.

		
	 	      9. The Second Schedule to the Agreement is amended by deleting each
reference to “the Company” and, in each instance, replacing it with a
reference to “the Parent.”

		
	 	      10. The Appendix to the Second Schedule is deleted in its entirety and
replaced with the Appendix attached hereto as Exhibit A.

		
	 	      11. The Third Schedule to the Agreement is deleted in its entirety.

		
	 	      12. The Agreement is further amended by adding a new Fourth Schedule to
the Agreement, the terms and conditions of which address the Executive’s
rights in the event of a Change of Control (as defined therein) of the
Parent.

		
	 	      13. Except as specifically amended herein, the Agreement is confirmed
in all respects and the Agreement, as so amended, continues in full force
and effect in accordance with its terms.

            AS WITNESS this Amendment is executed as a Deed by the Executive and duly
authorized representatives of the Company and the Parent on the date that
appears first on page 1 of this Amendment.

	 	 	 	 	 	 	 
	THE COMMON SEAL			)
	of LucasVarity Ltd. was			)
	hereunto affixed in the			)
	presence of:			)
				
			[SEAL]
	/s/ M. J. Read
	

	Director
	 
	/s/ A. R. Neogy
	

	Secretary
	 
	THE CORPORATE SEAL			)
	of TRW Inc. was hereunto			)
	affixed in the presence of:			)
	 
	/s/ William S. Kiser
	

	Director
	 
	/s/ William B. Lawrence
	

	Secretary
	 
	SIGNED AND			)
	DELIVERED AS A DEED			)
	by John C. Plant in the			)
	presence of:			)

	 	 	 	 	 
	Name:		/s/ Gail M. White		/s/ John C. Plant
			
		

			
Witness
		John Charles Plant

Name and Address of Witness:

Gail M White

4352 Spruce Hill Lane

Bloomfield Hills, MI 48301

FOURTH SCHEDULE

CHANGE OF CONTROL AGREEMENT

      WHEREAS, the Executive presently is the Executive Vice President and
General Manager, TRW Chassis Safety Systems and has made and is expected to
continue to make major contributions to the profitability, growth and financial
strength of the Parent and the Company;

      WHEREAS, the Parent and the Company recognize that, as is the case with
many publicly-held companies, the possibility of a Change in Control (as that
term is hereafter defined) exists;

      WHEREAS, the Parent and the Company wish to assure themselves of both
present and future continuity of management in the event of any Change in
Control;

      WHEREAS, the Parent and the Company wish to ensure that certain of their
executives are not practically disabled from discharging their duties upon a
Change in Control; and

      WHEREAS, although effective and binding as of the date hereof, this Change
of Control Agreement (the “Agreement”) shall become operative only upon the
occurrence of a Change in Control;

      NOW, THEREFORE, the Parent, the Company and the Executive agree as
follows:

      1. Operation of the Agreement.

		
	 	      (a) This Agreement shall be effective and binding immediately upon its
execution, but anything in this Agreement or the Service Agreement to the
contrary notwithstanding, this Agreement shall not be operative unless and
until there shall have occurred a Change in Control and provided that the
Executive is at the time of the Change in Control employed in his current
position, as described in Schedule A hereto, and is subject to the payment of
income taxes in the United States. For purposes of this Agreement, a “Change
in Control” shall have occurred if at any time during the Term (as that word is
hereafter defined) any of the following events shall occur:

		
	 	      (i) The Parent is merged or consolidated or reorganized into or with
another corporation or other legal person and as a result of such merger,
consolidation or reorganization less than 51% of the combined voting
power of the then-outstanding securities of such corporation or person
immediately after such transaction is held in the aggregate by the
holders of then-outstanding securities entitled to vote generally in the
election of Directors (“Voting Stock”) of the Parent immediately prior to
such transaction;
	 
	 	      (ii) The Parent sells or otherwise transfers all or substantially
all of its assets to any other corporation or other legal person if less
than 51% of the combined voting power of the then-outstanding Voting
Stock of such corporation or person immediately after such sale or
transfer is held in the aggregate by the holders of Voting Stock of the
Parent immediately prior to such sale or transfer;
	 
	 	      (iii) There is a report filed on Schedule 13D or Schedule 14D-1 (or
any successor schedule, form or report), each as promulgated pursuant to
the Securities Exchange Act of 1934 (the “Exchange Act”), disclosing that
any person (as the term “person” is used in Section 13(d)(3) or Section
14(d)(2) of the Exchange Act) has become the beneficial owner (as the
term “beneficial owner” is defined under Rule 13d-3 or any successor rule
or regulation promulgated under the Exchange Act) of securities
representing 20% or more of the then-outstanding Voting Stock of the
Parent;
	 
	 	      (iv) The Parent shall file a report or proxy statement with the
Securities and Exchange Commission pursuant to the Exchange Act
disclosing in response to Item 1 of Form 8-K thereunder or Item 6(e) of
Schedule 14A thereunder (or any successor schedule, form or report or
item therein) that a change in control of the Parent has or may have
occurred or will or may occur in the future pursuant to any then-existing
contract or transaction; or
	 
	 	      (v) During any period of two consecutive years, individuals who at
the beginning of any such period constitute the Directors of the Parent
cease for any reason to constitute at least a majority thereof unless the
election, or

2

		
	 	the nomination for election by the Parent’s shareholders, of
each Director of the Parent first elected during such period was approved
by a vote of at least two-thirds of the Directors of the Parent then
still in office who were Directors of the Parent at the beginning of any
such period.

Notwithstanding the foregoing provisions of Section 1(a)(iii) and 1(a)(iv)
hereof, a Change in Control shall not be deemed to have occurred for purposes
of this Agreement solely because (A) the Parent, (B) an entity in which the
Parent directly or indirectly beneficially owns more than 50% of the voting
securities or (C) any Parent-sponsored employee stock ownership plan or any
other employee benefit plan of the Parent, or any entity holding shares of
Voting Stock for or pursuant to the terms of any such plan, either files or
becomes obligated to file a report or a proxy statement under or in response to
Schedule 13D, Schedule 14D-1, Item 1 of Form 8-K or Item 6(e) of Schedule 14A
(or any successor schedule, form or report or item therein) under the Exchange
Act, disclosing beneficial ownership by it of shares of Voting Stock of the
Parent, whether in excess of 20% or otherwise, or because the Parent reports
that a change in control of the Parent has or may have occurred or will or may
occur in the future by reason of such beneficial ownership by the entities
described in clauses (A), (B) and (C) of this paragraph.

      (b) Upon the occurrence of a Change in Control at any time during the
Term, provided that the Executive is then employed in his current position, as
described in Schedule A hereto, and is subject to the payment of income taxes
in the United States, this Agreement shall become immediately operative.

      (c) The period during which this Agreement shall be in effect (the “Term”)
shall commence as of the date hereof and shall expire as of the later of (i)
the close of business on June 1, 2001 or (ii) the expiration of the Period of
Employment (as that term is hereafter defined); provided, however, that (i)
commencing on June 1, 2000 and each June 1 thereafter, the Term of this
Agreement shall automatically be extended for an additional year unless, not
later than January 1 of each such year, the Parent or the Executive shall have
given notice that it or he, as the case may be, does not wish to have the Term
extended, and (ii) subject to Section 11 hereof, if, prior to a Change in
Control,

3

the Executive ceases for any reason to be an elected officer or
assistant officer of the Parent and/or the Company, as applicable, thereupon
the Term shall be deemed to have expired and this Agreement shall immediately
terminate and have no further effect.

      2. Employment; Period of Employment.

          (a) Subject to the terms and conditions of this Agreement, upon the
occurrence of a Change in Control, the Parent and/or the Company shall continue
the Executive in its employ and the Executive shall remain in the employ of the
Parent and/or the Company for the period set forth in Section 2(b) below (the
“Period of Employment”), with the duties and responsibilities set forth in
Schedule A hereto and any additional duties and responsibilities that he may
have immediately prior to the Change in Control or to which the Parent and/or
the Company and the Executive may hereafter mutually agree in writing. So long
as the Executive remains in the employ of the Parent and/or the Company, the
Executive shall devote substantially all of his time during normal business
hours (subject to vacations, sick leave and other absences in accordance with
the policies of the Parent and/or the Company, as applicable, as in effect for
executives immediately prior to the Change in Control) to the business and
affairs of the Parent and/or the Company, as applicable, but nothing in this
Agreement shall preclude the Executive from devoting reasonable periods of time
during normal business hours to (i) serving as a director, trustee or member of
or participant in any organization or business so long as such activity would
not constitute Competitive Activity (as that term is hereafter defined), (ii)
engaging in charitable and community activities or (iii) managing his personal
affairs.

          (b) The Period of Employment shall commence on the date of the occurrence
of a Change in Control and, subject only to the provisions of Section 4 hereof,
shall continue until the earlier of (i) the Executive’s death; (ii) the
Executive’s attainment of age 65; or (iii) the expiration of the third
anniversary of the occurrence of the Change in Control.

      3. Compensation During Period of Employment.

          (a) Upon the occurrence of a Change in Control, the Executive shall
receive during the Period of Employment (i) annual base salary at a rate not
less than the

4

Executive’s annual fixed or base compensation as in effect
immediately prior to a Change in Control or such higher rate as may be
determined from time to time by the Parent or the Company, as applicable,
payable monthly or otherwise as in effect immediately prior to a Change in
Control (“Base Pay”) and (ii) an annual amount equal to not less than the
highest annual aggregate bonuses or incentive payments of compensation in
addition to the amounts referred to in clause (i) above made or to be made
(regardless of when, or in what form, such compensation is paid) for services
rendered in any calendar year during the three calendar years immediately
preceding the year in which a Change in Control occurred pursuant to any bonus,
incentive, profit-sharing or similar policy, plan, program or arrangement of
the Parent or the Company, as applicable, or any successor thereto (“Incentive
Pay”); provided, however, that nothing herein shall preclude a change in the
mix of Base Pay and Incentive Pay by an increase in the relative amount of Base
Pay, provided that the aggregate compensation received by the Executive in any
one year is not reduced and provided, further, that in no event shall any
increase in the Executive’s aggregate compensation or any portion thereof in
any way diminish any other obligation of the Parent or the Company under this
Agreement. For the purposes of this Agreement, any compensation the Executive
elected to defer under any policy, plan, program or arrangement shall be
included in the determination of Base Pay and/or Incentive Pay, as applicable.

          (b) For his service pursuant to Section 2(a) hereof, during the Period of
Employment, the Executive shall be a full participant in any and all employee
retirement income and welfare policies, plans, programs or arrangements in
which he participated immediately prior to the Change in Control or during the
employment period or any equivalent successor policy, plans, programs or
arrangements that may be adopted hereafter by the Parent or the
Company, as applicable, or any successor
thereto providing benefits and perquisites at least as great as payable
thereunder prior to a Change in Control (collectively “Employee Benefits”). If
and to the extent that any such Employee Benefits shall not or cannot be paid
or provided under any policy, plan, program or arrangement of the
Parent or the Company, as applicable, as a
result of the amendment or termination thereof, the Parent shall itself pay or
provide therefor. Nothing in this

5

Agreement shall preclude improvement of
reward opportunities in any Employee Benefits, provided that no such
improvement shall in any way diminish any other obligation of the
Parent or the Company under this Agreement.

      4. Termination Following a Change in Control.

          (a) In the event of the occurrence of a Change in Control, this Agreement
may be terminated by the Parent during the Period of Employment only upon the
occurrence thereafter of one or more of the following events:

		
	 	      (i) If the Executive shall become permanently disabled and begins
actually to receive disability benefits pursuant to the Disability Plan
or any successor plan adopted prior to a Change in Control; or
	 
	 	      (ii) For “Cause”, which for purposes of this Agreement shall mean
that, prior to any termination pursuant to Section 4(b) hereof, the
Executive shall have committed:

		
	 	      (A) an act of fraud, embezzlement or theft in connection with
his duties or in the course of his employment with the Parent
and/or the Company;
	 
	 	      (B) intentional wrongful damage to the property of the Parent
and/or the Company;
	 
	 	      (C) intentional wrongful disclosure of secret processes or
confidential information of the Parent and/or the Company; or
	 
	 	      (D) intentional wrongful engagement in any Competitive
Activity (as that term is hereafter defined) while the Executive
remains in the employ of the Parent and/or the Company;

		
	 	and any such act shall be determined by the Directors of the Parent as
hereafter provided to have been materially harmful to the Parent and/or
the Company. For purposes of this Agreement, no act, or failure to act,
on the part of the Executive shall be deemed for “Cause” unless done, or
omitted to be done, by the Executive not in good faith and without
reasonable belief that his action or omission was in the best interest of
the Parent and/or the Company. Notwithstanding the foregoing, the
Executive shall not be deemed to have been terminated for “Cause”

6

		
	 	hereunder unless and until there shall have been delivered to the
Executive a copy of a resolution duly adopted by the affirmative vote of
not less than three-quarters of the Directors then in office at a meeting
of the Directors called and held for such purpose (after reasonable
notice to the Executive and an opportunity for the Executive, together
with his counsel, to be heard before the Directors), finding that, in the
good faith opinion of the Directors, the Executive had committed an act
set forth above in this Section 4(a)(ii) and specifying the particulars
thereof in detail. Nothing herein shall limit the right of the Executive
or his beneficiaries to contest the validity or propriety of any such
determination.

          (b) In the event of the occurrence of a Change in Control, this Agreement
may be terminated by the Executive with the right to receive benefits under
Section 5 hereof and, if applicable, Section 6 hereof, only upon the occurrence
thereafter of one or more of the following events:

		
	 	      (i) Any termination by the Parent and/or the Company, as applicable,
of the employment of the Executive during the Period of Employment,
unless (x) Cause for termination shall exist or (y) as a result of the
death of the Executive or (z) by reason of the Executive’s disability and
the actual receipt of disability benefits as provided in Section 4(a)(i)
hereof; or
	 
	 	      (ii) Termination by the Executive of his employment with the Parent
and/or the Company, as applicable, during the Period of Employment and
upon the occurrence of any of the following events:

		
	 	      (A) Failure to elect, reelect or otherwise maintain the
Executive in the office or position in the Parent and/or the
Company which the Executive held immediately prior to a Change in
Control, or the removal of the Executive as a Director of the
Parent (or any successor thereof) if the Executive shall have been
a Director of the Parent immediately prior to the Change in
Control;
	 
	 	      (B) A significant adverse change in the nature or scope of
the authorities, powers, functions, responsibilities or duties in
respect of the Parent and/or the Company, as applicable, which the
Executive had  

7

		
	 	
immediately prior to the Change in Control, a
reduction in the aggregate of the Executive’s Base Pay and
Incentive Pay received from the Parent and/or the Company, as
applicable, or the termination of the Executive’s rights to
Employee Benefits to which he was entitled immediately prior to
the Change in Control or a reduction in scope or value thereof
without the prior written consent of the Executive, any of which
is not remedied within 10 calendar days after receipt by the
Parent of written notice from the Executive of such change,
reduction or termination, as the case may be;
	 	 
	 	      (C) A determination by the Executive (which determination
will be conclusive and binding upon the parties hereto provided it
has been made in good faith and in all events will be presumed to
have been made in good faith unless otherwise shown by the Parent
by clear and convincing evidence) that a change in circumstances
has occurred significantly affecting his position, including
without limitation a change in the scope of the business or other
activities for which he was responsible or a substantial reduction
in any of the resources available to carry out any of the
authorities, powers, functions, responsibilities or duties that he
had immediately prior to the Change in Control, has been rendered
substantially unable to carry out, has been substantially hindered
in the performance of or has suffered a substantial reduction in
any of such authorities, powers, functions, responsibilities or
duties, which situation is not remedied within 10 calendar days
after receipt by the Parent of written notice from the Executive
of such determination;
	 
	 	      (D) The liquidation, dissolution, merger, consolidation or
reorganization of the Parent or transfer of all or a significant
portion of its business and/or assets unless the successor or
successors (by liquidation, merger, consolidation, reorganization
or otherwise) to which all or a significant portion of its
business and/or assets have been transferred (directly or by
operation of law) shall have assumed all duties 

8

		
	 	and obligations of
the Parent under this Agreement pursuant to Section 8 hereof;
	 
	 	      (E) The relocation of the Parent’s principal executive
offices or the requirement by the Parent that the Executive change
his principal location of work to any location which is in excess
of 35 miles from his principal location immediately prior to the
Change in Control or travel away from his office in the course of
discharging his responsibilities or duties hereunder more than 20
consecutive calendar days or an aggregate of more than 30 calendar
days in any consecutive 90 calendar-day period without in either
case his prior written consent; or
	 
	 	      (F) Without limiting the generality or effect of the
foregoing, any material breach of this Agreement by the Parent or
the Company.

The Executive’s continued employment shall constitute consent to, and a waiver
of rights with respect to, any event described in this Section 4(b)(ii) unless
the Executive terminates his employment with the Parent and/or the Company, as
applicable, within 120 days after the Executive has actual knowledge of the
occurrence of an event described in this Section 4(b)(ii) that is not remedied
as provided herein. The parties agree that any consent to or waiver of any
such event shall not be deemed to constitute a consent to or waiver of any
other circumstance constituting an event described in this Section 4(b)(ii).

          (c) Notwithstanding anything contained in this Agreement to the contrary,
in the event of a Change in Control, the Executive may terminate employment
with the Parent and/or the Company for any reason, or without reason, during
the 60-day period immediately following the first anniversary of the first
occurrence of a Change in Control, with the right to severance compensation as
provided in Section 5 hereof and, if applicable, Section 6 hereof.

          (d) A termination by the Parent pursuant to Section 4(a) hereof or by the
Executive pursuant to Section 4(b) or Section 4(c) hereof shall not affect any
rights which the Executive may have pursuant to any other agreement, policy,
plan, program or

9

arrangement of the Parent and/or the Company providing
Employee Benefits, which rights shall be governed by the terms thereof;
provided, however, that if the Executive shall have received or shall be
receiving benefits under Section 5 hereof and, if applicable, Section 6 hereof,
the Executive shall not be entitled to receive benefits under any other policy,
plan, program or arrangement of the Parent and/or the Company providing
severance compensation to which the Executive would otherwise be entitled. If
this Agreement or the employment of the Executive is terminated under
circumstances in which the Executive is not entitled to any payments under
Sections 3 or 5 hereof, the Executive shall have no further obligation or
liability to the Parent or the Company hereunder with respect to his prior or
any future employment by the Parent and/or the Company.

          (e) The Parent shall provide the Executive with timely notice of any of
the events referred to in Section 4(b)(ii)(D) hereof so that a determination
can be made as to the assumption of duties and obligations by any successor or
successors.

      5. Severance Compensation.

          (a) If, following the occurrence of a Change in Control, the Parent shall
terminate the Executive’s employment other than pursuant to Section 4(a)
hereof, or if the Executive shall terminate his employment pursuant to Section
4(b) or Section 4(c) hereof:

		
	 	      (i) The Parent shall pay or cause to be paid to the Executive,
within five business days after the effective date of any such
termination (the “Termination Date”), in lieu of any further payments to
the Executive for the portion of the Period of Employment subsequent to
the Termination Date, but without affecting the rights of the Executive
referred to in Section 5(b) hereof and the Executive’s rights at law or
in equity (other than rights to damages for termination of his employment
or this Agreement), a lump sum severance payment (the “Severance
Payment”) equal to the present value (using a discount rate equal to the
applicable interest rate promulgated by the Internal Revenue Service
“IRS” under Section 417(e)(3) of the Code for the third month preceding
the month in which the Termination Date occurs, and if the IRS ceases to

10

		
	 	promulgate such interest rates, the last such interest rate so
promulgated) of the sum of (A) the aggregate Base Pay (at the highest
rate in effect at any time during the Period of Employment or immediately
prior to the Change in Control) which the Executive would have received
pursuant to this Agreement for (x) each remaining year or fraction
thereof during the Period of Employment or (y) two years, whichever is
the longer period, had his employment with the Parent and/or the Company,
as applicable, continued for the longer of such periods; plus (B) the
aggregate Incentive Pay (based upon the highest annual aggregate
Incentive Pay that the Executive received with respect to any calendar
year during the three calendar years immediately preceding the calendar
year in which the Change in Control occurred or the Incentive Pay that
the Executive received with respect to the calendar year preceding the
calendar year in which the Termination Date occurs, whichever is the
larger amount) which the Executive would have received pursuant to this
Agreement with respect to (x) each remaining year or fraction thereof
during the Period of Employment or (y) two years, whichever is the longer
period, had his employment with the Parent and/or the Company, as
applicable, continued for the longer of such periods; plus (C) the cash
value of all Employee Benefits, other than stock option, stock purchase,
stock appreciation or similar compensatory benefits, which the Executive
would have received pursuant to this Agreement and which the Parent, the
Company and the Executive agree, for purposes of this Agreement, shall be
15 percent of the Executive’s base annual salary and target annual
incentive as of the Termination Date, with respect to (x) each remaining
year or fraction thereof during the Period of Employment or (y) two
years, whichever is the longer period, had his employment with the Parent
and/or the Company, as applicable, continued for the longer of such
periods;
	 
	 	      (ii) In addition if the Termination Date shall occur on or before
the date on which the Executive becomes eligible for a company requested early retirement
right under the Lucas Pension Scheme, the Parent shall pay or cause to be
paid to the Executive a pension benefit equal to the benefit the 

11

		
	 	Executive would have
received had the Executive continued to be employed by the Parent or
the Company until the date upon which he would have become eligible
for a company requested early retirement right. Such benefit will
commence at age 50 and will continue until the Executive’s death with 50%
of the annual payment continuing to the Executive’s spouse for her
lifetime should he predecease her.
	 
	 	      (iii) If the termination date shall occur after the executive
becomes eligible for a company requested early retirement right under the
Lucas Pension Scheme, the Executive will receive a pension benefit
equal to the amount the Executive would then be entitled to receive,
assuming that his employment with the Parent or the Company had
continued for the longer of the remaining Period of Employment or two
years and that the Execute’s age was increased by an amount
equal to the remaining Period of Employment or two years, whichever
is the longer period.
	 
	 	      (iv) The Parent shall pay all legal fees and expenses incurred by
the Executive as a result of such termination (including without
limitation all such fees and expenses, if any, incurred in seeking to
obtain or enforce any right or benefit provided by this Agreement in
accordance with Section 14 hereof).

          (b) Any Incentive Pay that is payable to the Executive with respect to a
period that is less than a full calendar year (a “partial calendar year”) shall
be prorated by multiplying (i) the Incentive Pay that would have been payable
to the Executive with respect to the entire calendar year had the Executive’s
employment with the Parent and/or the Company, as applicable, continued until
the end of such year by (ii) a fraction, the

12

numerator of which equals the
number of days in the partial calendar year and the denominator of which equals
365.

          (c) There shall be no right of set-off or counterclaim in respect of any
claim, debt or obligation against any payment to or benefit for the Executive
provided for in this Agreement

          (d) Without limiting the rights of the Executive at law or in equity, if
the Parent fails to make any payment or provide any benefit required to be made
or provided hereunder on a timely basis, the Parent will pay interest on the
amount or value thereof at an annualized rate of interest equal to the
so-called composite “prime rate” as quoted from time to time during the
relevant period in the Northeast Edition of The Wall Street Journal, plus three
percent. Such interest will be payable as it accrues on demand. Any change in
such prime rate will be effective on and as of the date of such change.

          (e) In the event a Change in Control occurs, the Parent shall deposit in
trust, pursuant to certain trust agreements to which the Parent shall be a
party, cash or other property in such an amount as necessary to assure the
payment of the amounts due to the Executive under this Agreement. Any failure
by the Parent to satisfy any of its obligations under this Section 5(e) shall
not limit the rights of the Executive hereunder. Notwithstanding the
foregoing, the Executive shall have the status of a general unsecured creditor
of the Parent and shall have no right to, or security interest in, any assets
of the Parent.

      6. Certain Additional Payments by the Parent.

          (a) Anything in this Agreement to the contrary notwithstanding, in the
event that this Agreement shall become operative and it shall be determined (as
hereafter provided) that any payment or distribution by the Parent to or for
the benefit of the Executive, whether paid or payable or distributed or
distributable pursuant to the terms of this Agreement or otherwise (a
“Payment”), would be subject to the excise tax imposed by Section 4999 (or any
successor thereto) of the Code, or any interest or penalties with respect to
such excise tax (such excise tax, together with any such interest and
penalties, are hereafter collectively referred to as the “Excise Tax”), then
the Executive shall be entitled to receive an additional payment or payments
(collectively, a “Gross-Up

13

Payment”); provided, however, that no Gross-Up
Payment shall be made with respect to the Excise Tax, if any, attributable to
(i) any incentive stock option, as defined by Section 422 of the Code (“ISO”)
granted prior to the execution of this Agreement, or (ii) any stock
appreciation or similar right, whether or not limited, granted in tandem with
any ISO described in clause (i). The Gross-Up Payment shall be in an amount
such that, after payment by the Executive of all taxes (including any interest
or penalties imposed with respect to such taxes), including any Excise Tax
imposed upon the Gross-Up Payment, the Executive retains an amount of the
Gross-Up Payment equal to the Excise Tax imposed upon the Payment.

          (b) Subject to the provisions of Section 6(e) hereof, all determinations
required to be made under this Section 6, including whether an Excise Tax is
payable by the Executive and the amount of such Excise Tax and whether a
Gross-Up Payment is required and the amount of such Gross-Up Payment, shall be
made by a nationally recognized firm of certified public accountants (the
“Accounting Firm”) selected by the Executive in his sole discretion. The
Executive shall direct the Accounting Firm to submit its determination and
detailed supporting calculations to both the Parent and the Executive within 15
calendar days after the Termination Date, if applicable, or such earlier time
or times as may be requested by the Parent or the Executive. If the Accounting
Firm determines that any Excise Tax is payable by the Executive, the Parent
shall pay the required Gross-Up Payment to the Executive within five business
days after receipt of the aforesaid determination and calculations. If the
Accounting Firm determines that no Excise Tax is payable by the Executive, it
shall, at the same time as it makes such determination, furnish the Executive
with an opinion that he has substantial authority not to report any Excise Tax
on his federal income tax return. Any determination by the Accounting Firm as
to the amount of the Gross-Up Payment to be paid by the Parent within such 15
calendar-day period shall be binding upon the Parent and the Executive. As a
result of the uncertainty in the application of Section 4999 (or any successor
thereto) of the Code at the time of the initial determination by the Accounting
Firm hereunder, it is possible that Gross-Up Payments which will not have been
made by the Parent should have been made (“Underpayment”), consistent with the

14

calculations required to be made hereunder. In the event that the Parent
exhausts its remedies pursuant to Section 6(e) thereof and the Executive
thereafter is required to make a payment of any Excise Tax, the Executive shall
direct the Accounting Firm to determine the amount of the Underpayment that has
occurred and to submit its determination and detailed supporting calculations
to both the Parent and the Executive as promptly as possible. Any such
Underpayment shall be promptly paid by the Parent to or for the benefit of the
Executive within three calendar days after receipt of such determination and
calculations.

          (c) The Parent and the Executive shall each cooperate with the Accounting
Firm in connection with the preparation and issuance of the determination
provided for in Section 6(b) hereof. Such cooperation shall include without
limitation providing the Accounting Firm access to and copies of any books,
records and documents in the possession of the Parent or the Executive, as the
case may be, that are reasonably requested by the Accounting Firm.

          (d) The fees and expenses of the Accounting Firm for its services in
connection with the determinations and calculations provided for in Section
6(b) hereof shall be paid by the Executive. The Parent shall reimburse the
Executive for his payment of such costs and expenses within five business days
after receipt from the Executive of a statement therefor and evidence of his
payment thereof.

          (e) The Executive shall notify the Parent in writing of any claim by the
Internal Revenue Service that, if successful, would require the payment by the
Parent of a Gross-Up Payment. Such notification shall be given as soon as
practicable but no later than 10 business days after the Executive receives
notice of such claim and shall apprise the Parent of the nature of such claim
and the date on which such claim is requested to be paid. The Executive shall
not pay such claim prior to the earlier of (i) the expiration of the 30
calendar-day period following the date on which it gives such notice to the
Parent or (ii) the date that any payment of taxes with respect to such claim is
due. If the Parent notifies the Executive in writing prior to the expiration
of such period that it desires to contest such claim, the Executive shall:

15

		
	 	      (i) give the Parent any information reasonably requested by the
Parent relating to such claim;
	 
	 	      (ii) take such action in connection with contesting such claim as
the Parent shall reasonably request in writing from time to time,
including without limitation accepting legal representation with respect
to such claim by an attorney reasonably selected by the Parent;
	 
	 	      (iii) cooperate with the Parent in good faith in order effectively
to contest such claim; and

		
	 	      (iv) permit the Parent to participate in any proceedings relating to
such claim;

provided, however, that the Parent shall bear and pay directly all costs and
expenses (including additional interest and penalties) incurred in connection
with such contest and shall indemnify and hold the Executive harmless, on an
after-tax basis, for any Excise Tax or income tax, including interest and
penalties with respect thereto, imposed as a result of such representation and
payment of costs and expenses. Without limitation on the foregoing provisions
of this Section 6(e), the Parent shall control all proceedings taken in
connection with such contest and, at its sole option, may pursue or forego any
and all administrative appeals, proceedings, hearings and conference with the
taxing authority in respect of such claim (but the Executive may participate
therein at his own cost and expense) and may, at its sole option, either direct
the Executive to pay the tax claimed and sue for a refund or contest the claim
in any permissible manner, and the Executive agrees to prosecute such contest
to a determination before any administrative tribunal, in a court of initial
jurisdiction and in one or more appellate courts, as the Parent shall
determine; provided, however, that if the Parent directs the Executive to pay
the tax claimed and sue for a refund, the Parent shall advance the amount of
such payment to the Executive on an interest-free basis and shall indemnify and
hold the Executive harmless, on an after-tax basis, from any Excise Tax or
income tax, including interest or penalties with respect thereto, imposed with
respect to such advance or with respect to any imputed income with respect to
such advance; and further provided that any extension of the statute of
limitations relating to payment of taxes for the taxable year of the Executive

16

with respect to which the contested amount is claimed to be due is limited
solely to such contested amount. Furthermore, the Parent’s control of such
contest shall be limited to issues with respect to which a Gross-Up Payment
would be payable hereunder, and the Executive shall be entitled to settle or
contest, as the case may be, any other issue raised by the Internal Revenue
Service or any other taxing authority.

		

          (f) If, after the receipt by the Executive of an amount advanced by the
Parent pursuant to Section 6(e) hereof, the Executive receives any refund with
respect to such claim, the Executive shall (subject to the Parent’s complying
with the requirements of Section 6(e) hereof) promptly pay to the Parent the
amount of such refund (together with any interest paid or credited thereon
after any taxes applicable thereto). If, after the receipt by the Executive of
an amount advanced by the Parent pursuant to Section 6(e) hereof, a
determination is made that the Executive shall not be entitled to any refund
with respect to such claim and the Parent does not notify the Executive in
writing of its intent to contest such denial or refund prior to the expiration
of 30 calendar days after such determination, then such advance shall be
forgiven and shall not be required to be repaid and the amount of such advance
shall offset, to the extent thereof, the amount of Gross-Up Payment required to
be paid.

      7. No Mitigation Obligation. The Parent and the Company hereby
acknowledge that it will be difficult, and may be impossible, for the Executive
to find reasonably comparable employment following the Termination Date. In
addition, the Parent and the Company acknowledge that their severance pay plans
and policies applicable in general to their salaried employees do not provide
for mitigation, offset or reduction of any severance payment received
thereunder. Accordingly, the parties hereto expressly agree that the payment
of the severance compensation by the Parent to the Executive in accordance with
the terms of this Agreement shall be liquidated damages and that the Executive
shall not be required to mitigate the amount of any payment provided for in
this Agreement by seeking other employment or otherwise, nor shall any profits,
income, earnings or other benefits from any source whatsoever create any
mitigation, offset, reduction or any other obligation on the part of the
Executive hereunder or otherwise, except as expressly provided in Section
5(a)(iv) hereof.

17

      8. Successors and Binding Agreement.

          (a) The Parent and the Company shall require any successor (whether direct
or indirect, by purchase, merger, consolidation, reorganization or otherwise)
to all or substantially all of the business and/or assets of the Parent or the
Company, as applicable, by agreement in form and substance satisfactory to the
Executive, expressly to assume and agree to perform this Agreement and each of
the Parent’s or the Company’s, as applicable, obligations hereunder. This
Agreement shall be binding upon and inure to the benefit of the Parent and the
Company and any successor of or to the Parent or the Company, as applicable,
including without limitation any persons acquiring directly or indirectly all
or substantially all of the business and/or assets of the Parent or the Company
whether by purchase, merger, consolidation, reorganization or otherwise (and
such successor shall thereafter be deemed the “Parent” or the “Company”, as
applicable, for the purposes of this Agreement), but shall not otherwise be
assignable or delegable by the Parent or the Company.

          (b) This Agreement shall insure to the benefit of and be enforceable by
the Executive’s personal or legal representatives, executors, administrators,
successors, heirs, distributees and/or legatees.

          (c) This Agreement is personal in nature and none of the parties hereto
shall, without the consent of the others, assign, transfer or delegate this
Agreement or any rights or obligations hereunder except as expressly provided
in Section 8(a) hereof. Without limiting the generality of the foregoing, the
Executive’s right to receive payments hereunder shall not be assignable or
transferable, whether by pledge, creation of a security interest or otherwise,
other than by a transfer by his will or by the laws of descent and distribution
and, in the event of any attempted assignment or transfer contrary to this
Section 8(c), the Parent shall have no liability to pay to the purported
assignee or transferee any amount so attempted to be assigned or transferred.

          (d) The Parent, together with the Company, and the Executive recognize
that each party will have no adequate remedy at law for any material breach by
the other of any of the agreements contained herein and, in the event of any
such breach, the Parent, together with the Company, and the Executive hereby
agree and consent that

18

the other shall be entitled to a decree of specific
performance, mandamus or other appropriate remedy to enforce performance of
this Agreement.

      9. Miscellaneous. No provisions of this Agreement may be modified, waived
or discharged unless such waiver, modification or discharge is agreed to in
writing signed by the Executive and the Parent and the Company. No waiver by
either party hereto at any time of any breach by the other party hereto or
compliance with any condition or provision of this Agreement to be performed by
such other party shall be deemed a waiver of similar or dissimilar provisions
or conditions at the same or at any prior or subsequent time. No agreements or
representations, oral or otherwise, expressed or implied with respect to the
subject matter hereof have been made by either party which are not set forth
expressly in this Agreement.

      10. Validity. The invalidity or unenforceability of any provision of this
Agreement shall not affect the validity or enforceability of any other
provision of this Agreement or of the Service Agreement which shall remain in
full force and effect.

      11. Employment Rights. Nothing expressed or implied in this Agreement
shall create any right or duty on the part of the Parent and/or the Company or
the Executive to have the Executive continue as an officer or assistant officer
of the Parent and/or the Company or to remain in the employment of the Parent
and/or the Company prior to any Change in Control; provided, however, that any
termination of employment of the Executive or removal of the Executive as an
elected officer or assistant officer of the Parent and/or the Company, as
applicable, following the commencement of any discussion with or communication
from a third person that ultimately results in a Change in Control shall be
deemed to be a termination or removal of the Executive after a Change in
Control for purposes of this Agreement.

      12. Withholding of Taxes. The Parent may withhold from any amounts
payable under this Agreement all federal, state, city or other taxes as shall
be required pursuant to any law or government regulation or ruling.

      13. Competitive Activity. For purposes of this Agreement, the term
“Competitive Activity” shall mean the Executive’s participation, without the
written consent of an officer of the Parent, in the management of any business
enterprise if such

19

enterprise engages in substantial and direct competition
with the Parent and such enterprise’s sales of any product or service
competitive with any product or service of the Parent amounted to 25% of such
enterprise’s net sales for its most recently completed fiscal year and if the
Parent’s net sales of said product or service amounted to 25% of the Parent’s
net sales for its most recently completed fiscal year. “Competitive Activity”
shall not include (i) the mere ownership of securities in any enterprise and
exercise of rights appurtenant thereto or (ii) participation in management of
any enterprise or business operation thereof other than in connection with the
competitive operation of such enterprise.

      14. Legal Fees and Expenses. It is the intent of the Parent and the
Company that the Executive not be required to incur the expenses associated
with the enforcement of his rights under this Agreement by litigation or other
legal action because the cost and expense thereof would substantially detract
from the benefits intended to be extended to the Executive hereunder.
Accordingly, if it should appear to the Executive that the Parent and/or the
Company has failed to comply with any of its obligations under this Agreement
or in the event that the Parent and/or the Company or any other person takes
any action to declare the Agreement void or unenforceable or institutes any
litigation designed to deny, or to recover from the Executive the benefits
intended to be provided to the Executive hereunder, the Parent and the Company
irrevocably authorize the Executive from time to time to retain counsel of his
choice, at the expense of the Parent as hereafter provided, to represent the
Executive in connection with the initiation or defense of any litigation or
other legal action relating thereto, whether by or against the Parent, the
Company or any Director, officer, shareholder or other person affiliated with
the Parent or the Company, in any jurisdiction. Notwithstanding any existing
or prior attorney-client relationship between the Parent and/or the Company and
any such counsel, the Parent and the Company irrevocably consent to the
Executive’s entering into an attorney-client relationship with such counsel,
and in that connection the Parent, the Company and the Executive agree that a
confidential relationship shall exist between the Executive and such counsel.
The Parent shall pay or cause to be paid and be solely responsible for any and
all attorneys’ and related fees and expenses incurred by the Executive (i) as a
result of

20

the Parent’s and/or the Company’s failure to perform this Agreement
or any provision hereof or (ii) as a result of the Parent, the Company or any
person contesting the validity or enforceability of this Agreement or any
provision hereof as aforesaid.

21EX-10(JJ) Letter Agrmt Between TRW & Joseph Gorman

Exhibit 10(jj)

February 8, 2001

Joseph T. Gorman

1900 Richmond Road

Cleveland, Ohio 44124

Dear Joe:

This letter sets forth our agreement regarding the terms and conditions of your
retirement from TRW. Please review it carefully to make sure we are in
complete agreement.

Resignation and Retirement

Upon your recommendation, the Board of Directors of the Company have accepted
your resignation as Chief Executive Officer of TRW, effective February 1, 2001.
Your employment with TRW will terminate on April 1, 2001 (referred to in this
letter variously as your “termination of employment,” the “date of
termination,” or the “date your employment terminates”). Your retirement date
will be April 2, 2001. The Board of Directors has also accepted your
resignation as Chairman of the Board of Directors of TRW, effective July 31,
2001.

Consulting Agreement

You will serve as a Consultant to TRW for a period of two years beginning April
2, 2001, subject to the terms of the Consulting Agreement attached hereto as
Exhibit A, a copy of which I have executed and delivered to you on behalf of
TRW.

Benefits

Cash Payment. As consideration for the execution of this Agreement and your
retirement prior to attaining age 65, TRW will pay you the following amounts in
a lump sum on the date of your termination of employment, subject to applicable
tax imputation:

	 	•	 	Salary. An amount equal to $2,070,000, which represents 18 months
(April 1, 2001 through September 30, 2002) of salary at your current
rate.

Joseph T. Gorman

February 8, 2001

Page 2

	 	•	 	SIP. An amount equal to $742,000 in lieu of any SIP grant that you
would have received for 2001.
	 
	 	•	 	Stock Savings Plan and Benefits Equalization Plan. An amount equal
to $118,000, which represents three percent of the lump sum salary
described above and your OIP payments at target.
	 
	 	•	 	Other Benefits. An amount equal to $1,206,000, which represents
payment for loss of other benefits, including office space, corporate
aircraft, memberships and financial planning.

Other Benefits. In addition to the above amounts, you will be provided with
the following:

	 	•	 	OIP Incentive. In February 2002, you will receive a payment
under TRW’s Operational Incentive Plan (“OIP”) based on actual
performance for the calendar year 2001 under that Plan, and in
February 2003, you will receive a prorated payout under the OIP for
the period from January 1, 2002 through September 30, 2002, based on
target performance for the calendar year 2002 under that Plan.
	 
	 	•	 	Executive Health. TRW will make all Consolidated Omnibus Budget
Reconciliation Act (“COBRA”) premium payments on your behalf to
continue medical benefits in the Executive Health Plan for eighteen
months after your date of termination. You may also elect coverage
through the Retiree Medical Plan upon your retirement.
	 
	 	•	 	Company Car. Your company automobile will be given to you on the
date of your retirement, and you will be imputed income on the fair
market value of the automobile.
	 
	 	•	 	Secretarial Support. TRW will provide you with the full-time
support of an administrative assistant through October 2002.
	 
	 	•	 	Office Furnishings. You will be permitted to purchase your
current office furnishings at a price equal to their fair market
value.

Joseph T. Gorman

February 8, 2001

Page 3

Continuing Benefits. In accordance with the existing and standard terms of the
following plans, you also will be provided with the following:

	 	•	 	Employee Benefit Plans. You will be provided with all benefits
provided to retiring employees by the employee benefit plans of the
Company in accordance with their terms in effect from time to time,
including, but not limited to the key executive life insurance program,
the Stock Saving Plan, the TRW Deferred Compensation Plan, the Benefits
Equalization Plan, the TRW Salaried Pension Plan, and Supplemental
Retirement Income Plan.
	 
	 	•	 	Stock Options. You will be vested at retirement in all outstanding
stock options previously granted to you. In addition, all outstanding
transferable stock options will be transferable by gift to any member
of your immediate family, to a trust for the benefit of an immediate
family member, or to a partnership whose beneficiaries are members of
your immediate family, all in accordance with the Transferable
Nonqualified Stock Option Agreements previously provided to you at the
time of grant.

Benefits Terminating at Retirement

Your eligibility to qualify for all chief executive officer benefits, other
than those specified under the caption “Benefits Continuing Until Resignation
as Chairman of the Board” below, will cease upon your retirement from TRW,
including, but not limited to:

	 	•	 	Long-Term Disability
	 
	 	•	 	Company paid life insurance
	 
	 	•	 	Auto insurance
	 
	 	•	 	Home security systems, upgrades and maintenance
	 
	 	•	 	Employment Continuation Agreement
	 
	 	•	 	Use of Company loge, boxes, etc.
	 
	 	•	 	Use of Company aircraft

Benefits Continuing Until Resignation as Chairman of the Board

The following benefits will continue through the sooner of July 31, 2001 or the
physical movement of your office to a new location chosen by you.

	 	•	 	Current office space and administrative assistance
	 
	 	•	 	Auto maintenance
	 
	 	•	 	Use of Company garages and exercise facilities

Joseph T. Gorman

February 8, 2001

Page 4

Credit Cards

You agree to return your telephone credit card and your American Express and
other corporate credit cards, if any, to TRW upon termination of your
employment.

Expenses

During your term as Chairman of the Board of TRW (through July 31, 2001) the
Company will continue to reimburse you for first class travel and other
reasonable expenses incurred while on Company business.

Officer and Director Status

Effective February 1, 2001, you will cease to be an executive officer within
the definition of Rule 16a-1(f) under the Securities Exchange Act of 1934;
however, you will remain subject to Section 16 through July 31, 2001 by virtue
of your status as Chairman of the Board. In addition, a former executive
officer continues to be subject to Section 16 for up to six months following
termination of executive officer status (in your case, through July 31, 2001),
and certain post-termination filing requirements exist. Please call Kathleen
Weigand if you have any questions concerning Section 16. In addition, through
July 31, 2001, you should continue to call Kathleen Weigand in advance of any
transaction in TRW stock.

Confidentiality; Cooperation

In consideration of TRW’s agreement to provide the compensation,
benefits, and payments set forth in this letter agreement:

	 	 	 
	(a)		
You acknowledge that as an employee of TRW you possess
confidential and proprietary information owned by TRW and you
agree not to use this information or reveal it to any other person
or corporation. You will not remove from TRW facilities any
materials that contain TRW confidential or proprietary
information.
	
	
	
	

	
	
	
	

	
	
	
	

	
	
	
	

			
You acknowledge that you signed a “Secrecy Agreement” and an
“Employee Invention and Confidential Information Agreement,” or
other confidentiality agreements while employed by TRW expressly
incorporated herein by reference, and agree to be bound by such
agreement(s).

Joseph T. Gorman

February 8, 2001

Page 5

	 	 	 
			
You acknowledge that these confidentiality
agreements inure to the benefit of TRW and its successors and
assigns. If you are in doubt as to the confidential and/or
proprietary nature of any information, you agree that you will
submit such information to TRW for a determination of its status
before it is disclosed to any other person.
	
	
	
	

	
	
	
	

	
	
	
	

	(b)		
You agree you will not disparage, attempt to discredit, or
otherwise call into disrepute TRW, its affiliates, successors,
assigns, officers, Directors, employees, agents, or any of
their products or services in any manner that would damage the
business or reputation of TRW or its affiliates, successors,
assigns, officers, Directors, employees, or agents.
	
	
	
	

	
	
	
	

	
	
	
	

	(c)		
You agree not to assist any party other than TRW in any litigation
or investigation against TRW or its affiliates, successors,
assigns, officers, Directors, employees or agents, except as
required by law. You further agree that if you believe any such
action is required by law, you will first afford TRW the
opportunity to raise and obtain a ruling on any claim of
attorney-client, work product, or other privilege or any other
contractual or other defense that may be applicable.
	
	
	
	

	
	
	
	

	
	
	
	

	(d)		
You agree to provide your reasonable cooperation to TRW in any
future lawsuit, administrative proceeding or other judicial,
administrative or legislative matter in which your assistance
may be desired by TRW.
	
	
	
	

	
	
	
	

	
	
	
	

	(e)		
You acknowledge and warrant that you are not aware of, or have
fully disclosed to TRW any matters for which you were responsible
or came to your attention as Chief Executive Officer of TRW that,
to the best of your knowledge, no other Executive Officer of the
Company is aware, which might give rise to any claim or cause of
action against TRW or its subsidiaries, affiliates, successors,
assigns, officers, Directors, employees and/or agents.

Joseph T. Gorman

February 8, 2001

Page 6

Release

In consideration for TRW’s agreement to provide the compensation,
benefits and payments set forth in this letter agreement:

	 	 	 
	(a)		
You agree for yourself, your heirs, executors, administrators,
successors and assigns to release and discharge forever TRW,
its subsidiaries, affiliates and insurers, and their successors
and assigns, officers, Directors, shareholders, employees and
agents from any and all claims, charges, demands, causes of
action, losses and expenses of every nature whatsoever, whether
known or unknown, arising on or before the Effective Date of
this Release, including, but not limited to all claims, causes
of action, losses and expenses arising out of or in connection
with your employment by TRW or the termination thereof,
including but not limited to, breach of contract (express or
implied), wrongful discharge, intentional infliction of
emotional harm, defamation, libel, slander, or other tort, or
violation of any federal, state or municipal statute or
ordinance relating to discrimination in employment, including
but not limited to Title VII of the Civil Rights Act of 1964
(42 U.S.C. §2000(e) et seq.), Americans with Disabilities Act
of 1990, 42 U.S.C.
§12101, and all applicable state laws.
	
	
	
	

	
	
	
	

	
	
	
	

	(b)		
You agree that by signing this letter, you are also knowingly
and voluntarily waiving any and all claims or causes of action
you may have under the Federal Age Discrimination In Employment
Act of 1967 (29 U.S.C. §621 et seq.) (“ADEA”) and applicable
state laws.
	
	
	
	

	
	
	
	

	
	
	
	

	(c)		
In signing this letter agreement, you agree to waive any
rights you would have to pursue any of the claims described
herein against TRW through the Company’s Alternative Dispute
Resolution (ADR) process, or through any court or
administrative agency; and further agree not to bring any suit
or action in any court or administrative agency against any of
the beneficiaries of this release arising out of or relating to
the subject matter of this release.

Joseph T. Gorman

February 8, 2001

Page 7

	 	 	 
	(d)		
You agree that, as a condition of the payment of the
compensation and benefits set forth above, on July 31, 2001,
you will acknowledge that you reaffirm, as of that date, the
release of any claims, as set forth in paragraphs (a), (b) and
(c) immediately above.

Miscellaneous

	 	 	 
	(a)		
It is important that you understand that the continued
availability, after the date of this letter, of the benefits
specified above is subject to (i) the continued existence of
the applicable TRW benefit plans, (ii) the retention of
IRS-qualified status for those plans which are currently so
qualified, (iii) the terms of all applicable TRW benefit plans
as such terms and conditions are in effect from time to time in
the future, and (iv) changes in governing laws and regulations
applicable to the benefit plans.
	 
	
	
	
	

	(b)		
You acknowledge and agree that

	 	 	 
	(i)		
breach of your obligations under this letter
agreement, including but not limited to those specified
under “Confidentiality; Cooperation” above, will
constitute grounds for TRW to terminate all payments to
be made to you hereunder or under the Consulting
Agreement attached as Exhibit A;
	 
	
	
	
	

	(ii)		
TRW’s obligations to pay money pursuant to this
letter agreement are merely those of an unfunded and
unsecured promise to pay money in the future, and any
and all of TRW’s assets will be and remain the general,
unpledged and unrestricted assets of TRW; and
	 
	
	
	
	

	(iii)		
you may not borrow against TRW’s obligations to
pay money to you pursuant to this letter agreement, nor
may you assign or otherwise transfer TRW’s obligations
hereunder, or any interest in them, and any attempt to
do so will be ineffective.

	 	 	 
	(c)		
It is understood that the terms of this letter agreement will
be governed by the laws of the State of Ohio regardless of
where either party may be domiciled.

Joseph T. Gorman

February 8, 2001

Page 8

	 	 	 
	(d)		
Any payments made by TRW hereunder are subject to applicable
federal, state, and local tax withholding.
	 
	
	
	
	

	(e)		
In the event that any provision of this letter agreement are
held to be void, voidable, or unenforceable, the remaining
portions hereof will remain in full force and effect.
	 
	
	
	
	

	(f)		
You may wish to consult with your financial or tax advisor
with regard to the tax implication of any benefits, including
nonqualified benefit payments and deferrals, described in this
letter agreement. You acknowledge and agree that no
representations or warranties have been made to you with regard
to the tax consequences of any payment provided for under this
letter agreement.
	 
	
	
	
	

	(g)		
The release set forth under “Release” above does not
constitute a release as to any liability for a breach or
default of this letter agreement.
	 
	
	
	
	

	(h)		
The benefits provided hereunder are in lieu of any severance
benefits to which you might otherwise be entitled under any TRW
severance policy.
	 
	
	
	
	

	(i)		
In the event either you or TRW breaches this agreement and the
other party brings an action to enforce the agreement in a
court of competent jurisdiction, the party who is finally
adjudged to be prevailing shall be entitled to reasonable
attorneys’ fees.

Entire Agreement

With the exception of the Consulting Agreement attached hereto as
Exhibit A, you and TRW agree that this letter agreement constitutes
the entire agreement and supersedes all prior agreements and
understandings, whether oral or written, between you and TRW with
respect to the subject matter of this agreement. You agree that the
obligations of the paragraphs relating to “Confidentiality;
Cooperation” and “Release” have been separately negotiated and shall
survive the expiration or termination of this letter agreement.

Joseph T. Gorman

February 8, 2001

Page 9

Attorney

You understand and acknowledge that you have the right to consult an
attorney (at your personal expense) regarding the terms of this
agreement prior to your signing this letter, that you have been
given ample time to do so, and that whether or not you have done so
is totally your choice.

Opportunity to Revoke

You acknowledge that you were given this letter on February 8, 2001
that you reviewed it, and, that if you so choose, you have 21 days
to consider it prior to executing it. If, after thoughtful
consideration, you are in full agreement with and understand the
terms and conditions contained in this letter (including the release
of all claims contained in the section of the letter entitled
“Release”), if you agree that you
will be bound by it, and if you agree that it represents your free
will and choice, please indicate such agreement by signing this
letter, dating it, and returning it to me. Please keep a copy of
the signed letter for your files.

The Company will hold the executed Agreement for seven (7) calendar
days following your execution thereof during which time you may
revoke it by notifying the undersigned in writing by the seventh
(7th) day. In the absence of receipt of your written revocation
within the 7-day period, this Agreement will become effective on the
eighth (8th) day after your execution of this Agreement (referred to
herein as the “Effective Date”).

Implementation

Unless I direct otherwise, you should address any questions about
the implementation of this Agreement to me.

Joseph T. Gorman

February 8, 2001

Page 10

Successors and Assigns

This Agreement shall be binding upon and inure to the benefit of you
and your legal representatives, heirs, and beneficiaries and the
Company and its successors and assigns.

Sincerely,

TRW Inc.

	 	 	 
	By:		/s/ Howard V. Knicely            

Howard V. Knicely

Executive Vice President

Accepted and agreed to this 19th day of February, 2001

	 	 	 
	/s/ Joseph T. Gorman            

Joseph T. Gorman

Chairman of the Board		

Approved and agreed to this 21st day of February, 2001

	 	 	 
	By:		/s/ John D. Ong            

John D. Ong

Chairman, Compensation Committee

Reaffirmed this 31st day of July 2001

	 	 	 
	_________________________

Joseph T. Gorman

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}]]