Document:

Beverage Can Supply Letter Agreement, dated April 22, 2004

 Exhibit 10.9 
  
 Portions hereof have been omitted and filed separately with Securities and Exchange Commission pursuant to a request for confidential treatment in
accordance with Rule 406. 
  

					
	

	 	 WISE
 ALLOYS
	  	 
	 	 	 	  	CONFIDENTIAL

  

			
		
	 DATE:
	  	April 22, 2004
		
	 TO:
	  	RICH NUNN, ED VESEY - CROWN CORK & SEAL USA, Inc.
		
	 COPY:
	  	Danny Mendelson, Sam Glasscock
		
	 FROM:
	  	Don Farrington
		
	 SUBJECT:
	  	SUPPLY AGREEMENT 2004-2008
	 	  	BEVERAGE NORTH AMERICA

  
 This document is an outline summary of
the key elements in the Supply Agreement between Wise Alloys, LLC (“WISE”) and Crown Cork & Seal USA, Inc. (“Crown”) - Beverage North America for calendar years 2004 through 2008. 
  
 FORECAST ANNUAL PRODUCT VOLUMES (millions of pounds) 
  
 BEVERAGE North America 
  

											
	 	  	2004

	  	2005

	  	2006

	  	2007

	  	2008

	 D & I Body Stock
	  	***	  	***	  	***	  	***	  	***
	 Wide Coated End Stock
	  	***	  	***	  	***	  	***	  	***
	 Tab Stock
	  	***	  	***	  	***	  	***	  	***
	 	  	
	  	
	  	
	  	
	  	

	 TOTAL
	  	***	  	***	  	***	  	***	  	***

  
 TOTAL VOLUME TARGET *** million
pounds 
  
 Wise Alloys acknowledges that the Forecast
Annual Product Volumes described above may fluctuate based on gain or loss of business, or adjustments in hard or soft toll volumes. Wise agrees that the volumes above will be subject to adjustment up or down commensurate with the change in
Crown’s direct purchase volume by product type and the Wise Alloys percentage of that business. Further, Crown has advised Wise that this adjustment methodology is consistent with all of Crown’s direct purchase suppliers. 

	***	Portions hereof have been omitted and filed separately with the Commission pursuant to a request for confidential treatment in accordance with Rule 406. 

  

 Wise Alloys reserves the right to verify any such volume adjustments through the external auditors of
Crown. 
  
 Crown agrees that volume shortfalls to these target
levels in any contract year due to an adjustment as described above, can be sold elsewhere at the discretion of Wise Alloys. 
  
 TERM OF AGREEMENT 5 years 
  
 CLASS SCRAP TOLL 
  
 The price charged by Wise to Crown for the conversion of Class Scrap into rolled can sheet will be determined by subtracting the following adjustments from the 6-month trailing average price of ingot (referenced
below) on a delivered basis. As a standard practice, Wise arranges and pays for freight for shipment of Class Scrap to Wise. Wise then deducts $*** per pound from Crown’s monthly scrap credit. Wise agrees to provide this credit by the *** of
the month following scrap receipt from Crown. 
  

			
	 Class I
	  	$*** per pound
	 Class II
	  	$*** per pound
	 Class III
	  	$*** per pound

  
 The minimum amount of Class Scrap to
be tolled by Crown through Wise is to be ***% of average shipments of can sheet from Wise to Crown. 
  
 Wise agrees, ***** to toll up to ***% of Crown’s monthly purchases of can sheet from Wise in the form of Used Beverage Containers (“UBC’s”) at current month average LME, less $*** per pound.
UBC’s will be FOB Listerhill, Alabama and conform to Wise published specifications. 
  
 ***** METAL ***** 
  
 Wise Alloys is
willing to ***** supplied by Crown at our ***** provided the ***** conforms to published Wise specifications for ***** and Wise receives adequate notification for the ***** and quantity involved. Adequate notification is ***** or beyond the period
*****. Pricing for ***** other forms of ***** is subject to review and acceptance by Wise Alloys. 
  
 Wise further acknowledges that Crown has the right to pursue other ***** options, including but not limited to, *****. Crown agrees to the same ***** adequate notification as noted above. Further, Crown agrees to
reimburse Wise for the costs associated with changing the ***** prices if applicable. 
  
 Wise agrees to consider waiving the ***** notification requirement, for *****. 
  

 2 

 CONVERSION PRICES 
  
 Conversion prices are Alcoa List Conversion Prices Published effective April 1, 1997, adjusted for changes in the Producer Price Index (PPI) since that date as described
below. These conversion prices are effective April 1, 2004. 
  

					
	 BEVERAGE - North America
	  	(Examples attached)	  	 
			
	 D & I Body Stock
	  	******************	  	 
	 Beverage End Stock
	  	******************	  	 
	 SuperEnd® Stock
	  	******************	  	 
	 Beverage Tab Stock
	  	******************	  	 

  

	Note:  	SuperEnd® is defined as Coated Beverage End Stock in thicknesses of *** inch or less. 

  
 All prices are FOB Crown plant. Title and risk of loss passes on consumption for Vendor Managed Inventory (“VMI”) coils (as
referenced below) and on delivery to Crown plants on non-VMI coils. 
  

 3 

 ***** 
  
 CONVERSION PRICE ADJUSTMENTS 
  
 Conversion prices for North America will be adjusted *** of each year, beginning ***, 2004 by ***% of the year-to-year change in the ***************, not seasonally
adjusted. 
  
 Wise Alloys agrees that in the event that this Producer Price Index
fee change is not charged and collected by Wise from all North American buyers and/or consumers of can stock, that Crown will be exempt from payment as well. 
  
 NORTH AMERICA METAL PRICES 
  
 Unless otherwise agreed to, metal will be priced based on the standard aluminum can industry 6-month trailing average with a ceiling price of $*** per pound. Further, in
the event the can and can sheet industries adopt a different pricing methodology for direct purchased can sheet, Crown agrees to notify WISE of such change and work with WISE to transition to the new methodology. Further, Wise warrants that it will
take the appropriate actions to guarantee that it will be able to provide the 6-month trailing average and ceiling price. Further, if Wise fails to take these steps, Wise agrees that Crown will be in no way responsible for any additional costs
resulting from said failure. 
  
 Below are *** *** metal commitments for orders to
Crown plants to which we previously agreed: 
  

			
		
	 Guadalajara -
	  	******************
		
	 Puerto Rico -
	  	****************** 
		
	 	  	******************
		
	 	  	****************** 

  

 4 

 Wise and Crown agree that the above ingot prices will be reconciled to actual payments on a monthly basis. 
  
 VENDOR MANAGED INVENTORIES 
  
 Wise Alloys will provide Crown with Vendor Managed Inventories (VMI) at qualifying plant
locations. Plant locations are considered qualified when the plant or a production line within a plant is dedicated to consume Wise supplied can stock. Exceptions are subject to review. 
  
 ***** 
  
 QUALITY AND PERFORMANCE: 
  
 WISE guarantees that products supplied under this agreement will meet Crown’s specifications, as accepted by WISE (the “Specifications”). Quality claims
will be handled in the usual manner. WISE’s performance at Crown plants will be governed by Crown’s Qualification and Disqualification Procedures as attached. Should Crown disqualify WISE at a Plant, then the parties agree to work toward
re-qualification in a reasonable time and to alter the supply pattern where possible to other plants in the interim. In the event that WISE is unable to re-qualify in a reasonable time through no fault of Crown and conditions prevent or delay
altering shipment patterns, Crown, at its option, may consider the affected volume as counting towards satisfaction of the total volume commitment. 
  
 Crown’s Qualification and Disqualification Procedures are attached as Exhibits A and B respectively. Crown’s current specifications are attached as Exhibit C.

  
 SPECIFICATION CHANGES 
  
 If, at any time during the Term, Crown and WISE are unable to agree upon a change or an
addition to the Specifications (defined below) and Crown can purchase a product meeting any revised specifications from one or more third parties, Crown shall notify WISE in writing and, subject to any confidentiality agreement with such third
party, provide WISE with written documentation supporting the terms at which Crown can purchase the product meeting the revised specifications from a third party to the extent necessary for WISE to meet said terms. WISE shall have the opportunity to
meet the revised specifications on substantially the same terms as the third party. If WISE fails to do so within *** days from the notification date, Crown shall have the right to purchase a product meeting the revised specifications from the
offering third parties and the volumes so purchased shall count toward satisfaction of Crown’s Total Volume Target. 
  
 ***** 
  

 5 

 ***** 
  
 PAYMENT AND INVOICE TERMS 
  
 Crown will pay Wise on the *** and *** of each month for product delivered in the first and second halves of the previous months receipts respectively, in accordance with
previously accepted procedures. 
  
 Wise agrees to revisit these payment terms in
January of each year to determine if they can be extended based on improvements in Wise’s financial condition. 
  
 Payments will be generated using Crown’s Evaluated Receipts Settlement, unless otherwise notified by Crown, in accordance with electronic data interchange standards
provided by Crown from time to time to WISE (the “EDI Standards”). On the date of this Agreement, the EDI Standards include, without limitation, standards for ANSI x.12 advance shipment notice, purchase order, order status, Release,
receipt advice, inventory advice, stock transfer notification and payment notification. If Crown notifies WISE of a change in the EDI Standards, WISE will have *** days to comply with such change. Crown will not process any payment requests until
such requests comply with the EDI Standards. Without limiting the requirements of the EDI Standards, WISE acknowledges that the EDI Standards prohibit use of the same bill of lading number for two different shipments or the use of the same number on
two different Product coils. All submissions under the EDI Standards by WISE shall accurately reflect all required data free of accounting errors. WISE shall reimburse Crown for all additional direct costs associated with WISE’s failure to
provide complete and error free shipment information. WISE shall not bill Crown for any costs, either for goods or services, not agreed to herein without prior written approval. Electronic payments from Crown to WISE shall be governed by the terms
of Exhibit D. 
  
 ORDERS AND TIMING 
  
 Crown shall instruct WISE to ship Products by means of Product releases
(“Releases”) delivered to WISE. WISE shall deliver all Products so released by Crown within the time periods set forth in the relevant Release. TIME OF DELIVERY IS OF THE ESSENCE IN THIS AGREEMENT. 
  

 6 

 WISE INDEMNITY 
  
 WISE shall indemnify, defend and hold Crown and its successors, assigns, employees, customers and affiliates harmless from and against any and all liabilities, losses,
costs, damages, injuries, claims, suits, judgments, causes of action and expenses (including reasonable attorneys’ fees) suffered or incurred as a result of the actual or alleged: negligence of WISE or its suppliers; violation of any law by
WISE or its suppliers; infringement by WISE or its suppliers of any of patent, trademark, copyright or other intellectual property rights; or any breach of any other covenant, representation or warranty of WISE to Crown contained in this Agreement
or implied in law. In the event of a claim under this section, at its sole option, Crown may terminate this Agreement or defer acceptance of any Products specified in any outstanding Release until the claim is resolved. If Crown is enjoined from the
use or sale of the Products, at Crown’s option, WISE will either procure for Crown the right to continue using or selling the Products, replace the Products with substantially equivalent goods, modify the Products so as to be usable or sellable
by Crown or repurchase the Products at the price set forth in this Agreement. 
  
 TECHNICAL SUPPORT 
  
 WISE shall provide Crown with a reasonable
level of technical support at no cost to Crown. 
  
 FORCE MAJEURE

  
 Continued performance of any obligation hereunder, except payment for
Aluminum delivered, may be suspended immediately to the extent caused or contributed to by acts of God, fire, labor or trade disturbance, war, acts of terrorism, civil commotion, or act of the public enemy, compliance in good faith with any
applicable foreign or domestic government regulation or order, whether or not said order later proves to be invalid, or any cause beyond the reasonable control of any party, whether similar or dissimilar to the enumeration contained herein, The
party claiming suspension shall give proper notice and shall use its best efforts to promptly cure the cause of such suspension. Upon cessation of the cause for suspension, continued performance shall commence as soon as reasonably practicable, and
the term of this Agreement shall be extended by the amount of time that performance was suspended due to Force Majeure. While a Force Majeure event affecting WISE’s ability to supply rolled can sheet is pending, Crown may source its needs for
such period from other suppliers and credit such purchases against the Minimum Purchase Requirement. 
  
 CONFIDENTIALITY 
  
 The parties agree that
all terms and conditions of this Agreement are and will remain confidential and shall not be disclosed to any person, firm, corporation, association, or other entity for any reason or purpose whatsoever, provided, however, that each party shall have
the right to disclose information to its professional advisors in the ordinary course of their service. Each party shall be responsible for any actions of their representatives that are inconsistent with the party’s obligations under this
section. 
  
 In the event of a breach of, or a threat to breach, any of the
provisions of this paragraph by either Party, each acknowledges that the other will suffer immediate and irreparable harm for which there is no adequate remedy at law, and therefore, the Parties agree that either shall be entitled to 

  

 7 

 
a temporary and permanent injunction restraining a Party from disclosing, in whole or in part, such information. Nothing herein shall be construed as
prohibiting either Party from pursuing other remedies available to it for such a breach, including the recovery of damages. 
  
 The foregoing will not be applicable to information which is generally known to the public at the time it is disclosed, which is subsequently made known to the public
through no fault of Crown or WISE which is required to be disclosed by law or stock exchange regulation, or which is required to be disclosed by reason of a proper order from a court of competent jurisdiction or administrative agency. Any party
receiving notice that it is required by law or stock exchange regulation to make a disclosure or that a court or administrative agency may require the disclosure of any of the terms of this Agreement shall provide sufficient notice to the
non-disclosing Party such that that Party has an opportunity to file all appropriate motions for protective order(s) or any other necessary order to protect the confidentiality of this Agreement. 
  
 MISCELLANEOUS 
  

	(1)	This Agreement shall be construed and enforced in accordance with the laws of the Commonwealth of Pennsylvania. 

  

	(2)	This Agreement and the documents referenced herein contain the entire agreement with respect to the subject matter, and except as otherwise stated herein, supersede and replace any
other prior agreements, whether oral or written. 

  

	(3)	This Agreement may not be amended or modified except in writing and signed by all parties. 

  

	(4)	If any item or provision of this Agreement shall be prohibited by, or made invalid, under applicable law, such provision shall be ineffective only to the extent of such prohibition
or invalidity without invalidating the remainder of the provisions of this Agreement. 

  

	(5)	To the degree that either or both of the parties hereto find it convenient to employ their standard forms, such as forms for purchase order or acknowledgment of order, in
administering the terms of this Agreement, the party may do so but none of the pre-printed terms and/or conditions on such form shall be applicable to the sale of rolled can sheet unless specifically accepted by the other party.

  

 8 

 IN WITNESS WHEREOF, this Agreement is executed the day and date first above written. 
  

									
	 WISE ALLOYS, LLC.
	 	 	 	 CROWN Cork & Seal USA, Inc.

					
	By:  	 	/s/    DON A. FARRINGTON        	 	 	 	By:  	 	/s/    EDWARD C. VESEY        
	 	 	Don A. Farrington	 	 	 	 	 	Edward C. Vesey,
	 	 	Senior Vice President, Sales	 	 	 	 	 	Senior Vice President, Sourcing

  

 9 

 CONVERSION PRICE EXAMPLES: 
  
  
 ***** 
  
  

 10 

 EXHIBIT A 
 - QUALIFICATION PROCEDURE 
 **** 
  

	***	Portions hereof (5 pages) have been omitted and filed separately with the Commission pursuant to a request for confidential treatment in accordance with Rule 406.

  

 SUPPLIER DISQUALIFICATION PROCEDURE 
  
 EXHIBIT B 
 - DISQUALIFICATION PROCEDURE 
 **** 
  

	***	Portions hereof (4 pages) have been omitted and filed separately with the Commission pursuant to a request for confidential treatment in accordance with Rule 406.

 EXHIBIT C 
 - MATERIAL SPECIFICATIONS 
 **** 
  

	***	Portions hereof (32 pages) have been omitted and filed separately with the Commission pursuant to a request for confidential treatment in accordance with Rule 406.

 EXHIBIT D 
 - ELECTRONIC PAYMENTS TERMS 
 **** 
  

	***	Portions hereof (4 pages) have been omitted and filed separately with the Commission pursuant to a request for confidential treatment in accordance with Rule 406.Restricted Stock Award Schedule of Terms and Form of Award.

 Exhibit 10.1 
  
 United Technologies Corporation Long Term Incentive Plan 
  
 Restricted 
 Stock 
 Award 
  
 Schedule 
 of Terms

  
 United Technologies 
  

 RESTRICTED STOCK AWARD 
  

United Technologies Corporation (the “Corporation”) hereby awards certain restricted shares of United Technologies Corporation common stock, subject to the
terms set forth herein and the United Technologies Corporation Long Term Incentive Plan (the “LTI Plan”). The recipient of the Award (the “Recipient”), the number of shares awarded, the end of the restricted holding period (the
“Vesting Date”) and/or the date performance objectives relative to the Award must be achieved (the “Vesting Achievement Date”) are set forth in the Statement of Award issued to the Recipient (the “Statement of Award”).
This Award will become effective upon the Recipient’s signing and returning the appropriate portion of the Statement of Award to the Program Administrator—Stock Options. 
  
 RESTRICTION ON TRANSFERABILITY 
  
 The certificate for the restricted shares of common stock of the Corporation will set forth a restriction prohibiting the Recipient, as registered owner of the shares,
from assigning, selling or otherwise transferring any interest in the shares (the “Restriction”). The Restriction will be removed on either the “Vesting Date” or the “Vesting Achievement Date” (as such terms are defined
below), whichever is applicable, unless the restricted shares are forfeited earlier, as provided herein. 
  
 VESTING 
  
 The Recipient will be entitled
to sell or otherwise dispose of the shares at any time on or after the Vesting Date with respect to Awards contingent upon continued employment for a specified period of time following the Date of the Award, and/or, with respect to Awards contingent
upon achievement of specified performance objectives by a certain time, on or after the Vesting Achievement Date. Certain Awards may provide both a Vesting Date and the possibility of accelerated vesting if specified performance objectives are
achieved prior to such Vesting Date. In the alternative, vesting may be solely contingent upon achievement of performance objectives within a specified time period. If the Recipient’s employment with the Corporation is terminated prior to the
Vesting Date or Vesting Achievement Date (as applicable) or if performance objectives are not satisfied by the Vesting Achievement Date, the Recipient will forfeit the shares and will receive no value for such shares, except as provided for under
the caption “TERMINATION OF EMPLOYMENT” below. 
  
 SHAREHOLDER RIGHTS

  
 During the period of time that the Restriction remains in effect, the
Recipient shall be the record owner of the shares represented by a Restricted Stock Award and shall, unless forfeited prior to the Vesting Date or Vesting Achievement Date, be entitled to all rights of ownership with respect to the shares,
including, without limitation, the right to vote the shares and to receive any dividends therein except that the Recipient will not have the right to sell, transfer encumber, pledge or otherwise convey any interest in the shares. 
  
 TERMINATION OF EMPLOYMENT 
  
 In the event that the Recipient terminates employment prior to the Vesting Date or Vesting
Achievement Date, the Recipient’s rights in the Restricted Stock Award shall be forfeited immediately unless the Committee, in its sole discretion, acts to vest a Recipient in all, or a portion of a Restricted Stock Award. 
  
 NONASSIGNABILITY 
  
 During the period that the Restriction is in effect no assignment or transfer of any interest of the Recipient of any of the rights
represented by the Award, whether voluntary or involuntary, by operation or law or otherwise, shall be permitted except by will or the laws of descent and distribution. 
  
 ADJUSTMENTS 
  
 If the Corporation effects a subdivision or consolidation of shares of common stock or other capital readjustment, the payment of a stock dividend, or other increase or
reduction of the number of shares of outstanding common stock without receiving consideration therefore in money, services or property, the number of shares of common stock represented by Restricted Stock Award shall be adjusted in the same manner
and to the same extent as all other shares of common stock of the Corporation. 
  
 CHANGE OF CONTROL 
  
 In the event of a change of control or
restructuring of the Corporation, the Committee may, in its discretion, recommend that the Board of Directors take certain actions with respect to outstanding Awards to assure fair and equitable treatment of LTI Plan Participants. Such actions may
include: acceleration of the Vesting Date; offering to purchase an outstanding Award from the holder for its equivalent cash value (as determined by the Committee); or providing for other adjustments or modifications to outstanding Awards as the
Committee may deem appropriate. 
  

 2 

 For purposes of the Plan, a “change of control” means the acquisition of 20% of the Corporation’s
outstanding voting shares by a person or group (as defined in Section 13(d)(3) of the Securities Exchange Act of 1934) of which such person is a member or a change in the majority of the Board of Directors such that, within any consecutive two-year
period, the members of the new majority are not approved by two-thirds of the members incumbent at the beginning of such two-year period. Members approved after such date by two-thirds of such incumbent directors shall be deemed to be incumbent as
of the beginning of such two-year period for purposes of this computation. A merger or consolidation of the Corporation with another company where the Corporation is not the surviving company, a sale of substantially all of the assets of the
Corporation, a dissolution or liquidation of the Corporation or other event or transaction having similar effect also constitutes a “change of control” for purposes of the Plan. 
  
 AWARDS NOT TO AFFECT OR BE AFFECTED BY CERTAIN TRANSACTIONS 
  
 Restricted Stock Awards shall not affect in any way the right or power of the Corporation or its shareholders to make or authorize (a) any
or all adjustments, recapitalizations, reorganizations or other changes in the Corporation’s capital structure or its business, (b) any merger or consolidation of the Corporation, (c) any issue of bonds, debentures, preferred or prior
preference stocks holding any priority or preference to, or otherwise affecting the common stock of the Corporation or the rights of holders of such common stock, (d) the dissolution or liquidation of the Corporation, (e) any sale or transfer of all
or any part of its assets or business, or (f) any other corporate act or proceeding. 
  
 Except as otherwise expressly provided in this Schedule of Terms, the issue by the Corporation of shares of stock of any class, or securities convertible into shares of stock of any class, for cash or property, or for labor or services,
either upon direct sale or upon the exercise of rights or warrants to subscribe therefore, or upon conversion of shares or obligations of the Corporation convertible into such shares or other securities, shall not affect and no adjustment by reason
thereof shall be made with respect to the number of outstanding shares subject to an Award hereunder. 
  
 NOTICES 
  
 Every notice or other
communication relating to the LTI Plan, any Restricted Stock Award or this Schedule of Terms shall be in writing, and shall be mailed to or delivered to the party for whom it is intended at such address as may from time to time be designated by such
party. Unless and until some other address has been so designated, all notices by the Recipient to the Corporation shall be mailed to or delivered to the Corporation at its office at United Technologies Building, MS507, Hartford, CT 06101,
Attention: Program Administrator – Stock Options, and all notices by the Corporation to the Recipient shall be given to the Recipient personally or be mailed to the Recipient at his address as shown on the records of the Corporation.

  
 ADMINISTRATION 
  
 Restricted Stock Awards granted pursuant to the LTI Plan shall be interpreted and
administered by the Committee on Compensation and Executive Development of the Corporation’s Board of Directors (the “Committee”). The Committee shall establish such procedures as it deems necessary and appropriate to administer
Restricted Stock Awards in a manner that is consistent with the terms of the LTI Plan. 
  
 Pursuant to the terms of the LTI Plan, the Committee may delegate to employees of the Corporation its authority and responsibility to grant, administer and interpret Restricted Stock Awards. Subject to certain limitations, the Committee has
delegated the authority to grant Restricted Stock Awards to the Chief Executive Officer, and has further delegated the authority to administer and interpret such awards to the Senior Vice President, Human Resources and Organization, and to such
subordinates as he may further delegate, except that Restricted Stock Awards to employees of the Corporation who are either reporting persons under Section 16 of the Securities Exchange Act of 1934 (“Insiders”) or members of the
Corporation’s Executive Leadership Group will be granted, administered, and interpreted exclusively by the Committee. 
  
 PAYMENT BY RECIPIENT 
  
 Except as provided under the caption “TAXES/WITHHOLDING” below, no payment shall be required of the Recipient at the time he receives a Restricted Stock Award or at the time the Restriction is removed.

  

 3 

 TAXES/WITHHOLDING 
  
 The Recipient shall be responsible for any income or other tax liability attributable to any Restricted Stock Award (including any dividends therein). The Committee shall
take such steps as are appropriate to assure compliance with applicable federal, state and local tax withholding requirements with respect to the grant of the Award or the removal of any Restriction. The Corporation shall, to the extent permitted by
law, have the right either to withhold directly from any payment or delivery of shares due the Recipient or from the Recipient’s regular compensation or shall require, as a condition of the removal of the Restriction, the payment by the
Recipient of all federal, state and local taxes of any kind required by law to be withheld with respect to any Award. 
  
 RIGHT OF DISCHARGE RESERVED 
  
 Nothing in this or any Award made pursuant thereto shall confer upon any Recipient the right to continue in the employment or service of the Corporation or any affiliate
thereof for any period of time or affect any right that the Corporation or any subsidiary or division may have to terminate the employment or service of such Recipient at any time for any reason. 
  
 NATURE OF PAYMENTS 
  
 All Awards made pursuant to the LTI Plan are in consideration of services performed for the Corporation or affiliate employing the
Recipient. Any gains realized pursuant to such Awards constitute a special incentive payment to the Recipient and shall not be taken into account as compensation for purposes of any of the employee benefit plans of the Corporation or any affiliate.

  
 INTERPRETATIONS 
  
 This Schedule of Terms and each Statement of Award are subject in all respects to the terms
of the LTI Plan. In the event that any provision of this Schedule of Terms or any Statement of Award is inconsistent with the terms of the LTI Plan, the terms of the LTI Plan shall govern. Any question of interpretation r administration arising
under this Schedule of Terms or any Statement of Award shall be determined by the Committee or its delegate, such determination to be final and conclusive upon all parties in interest. 
  
 GOVERNING LAW 
  
 The LTI Plan, this Schedule of Terms, and each Statement of Award shall be governed by and construed in accordance with the laws of the State of Connecticut. 

 
 The masculine pronoun, whenever used herein shall include the feminine, and words used in
the singular shall include the plural unless the context clearly indicates otherwise. 
  

 4 

			
	United Technologies	  	LONG TERM INCENTIVE PLAN AWARD
	 	  	Restricted Stock Award

  

					
	 	  	RESTRICTED STOCK
			
	 Date of Grant:
	  	Vesting Date: *	  	 
		
	          Vesting Achievement Date: *
	  	(Date by which performance objectives described in attachment must be achieved)
			
	 Shares Awarded:
	  	Value on Date of Grant	  	 
			
	 	  	 	  	The award shown in this statement is nontransferable and is subject to the terms and conditions of the United Technologies Long Term Incentive Plan.

  
 PLEASE SIGN AND DATE PORTION BELOW
THE PERFORATION AND RETURN IT IN ENVELOPE PROVIDED 
  

			
	United Technologies	  	LONG TERM INCENTIVE PLAN AWARD
	 	  	Restricted Stock Award

  

			
	 	  	RESTRICTED STOCK
		
	 Date of Grant:
	  	Vesting Date: *
		
	          Vesting Achievement Date: *
	  	(Date by which performance objectives described in attachment must be achieved)
		
	 Shares Awarded:
	  	Value on Date of Grant

  
 The award shown in this statement is
nontransferable and is subject to the terms and conditions of the United Technologies Long Term Incentive Plan. 
  
 Please sign this form and return it in the enclosed envelope to the: 
  
 PROGRAM ADMINISTRATOR—STOCK OPTIONS 
 UNITED TECHNOLOGIES CORPORATION 
 UNITED TECHNOLOGIES BUILDING, MS 504 
 HARTFORD, CONNECTICUT 06101 
  
 I acknowledge receipt of this Restricted Stock Award and the attached Schedule of Terms describing my Award. I accept this Award subject to such Schedule of Terms and the
United Technologies Long Term Incentive Plan. 
  

									
					
	 Signed
	 	 	 	 	 	 Date
	 	 

  

	*	Applicable vesting standard is marked. If both lines are marked with an “X”, vesting occurs on earlier of vesting date or achievement of performance objectives.

  

 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00073-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00073-of-00352.parquet"}]]