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Exhibit 10(g)

NORTHROP GRUMMAN CORPORATION

1993 STOCK PLAN FOR NON-EMPLOYEE DIRECTORS

(As Amended and Restated January 1, 2008)

	1.	 	Purpose; Effect of Plan Restatement

     (a) The purpose of the Northrop Grumman Corporation 1993 Stock Plan for Non-Employee
Directors (the “Plan”) is to promote the long-term growth and financial success of Northrop Grumman
Corporation (the “Company”) by attracting and retaining non-employee directors of outstanding
ability and assisting the Company in promoting a greater identity of interest between the Company’s
non-employee directors and its stockholders.

     (b) The Plan is amended and restated as set forth herein effective as of January 1, 2008.
The terms of the Plan as in effect on December 31, 2004 shall continue to apply to any benefits
“earned and vested” within the meaning of Section 409A of the Internal Revenue Code (“Section
409A”) under the Plan on such date, including any Stock Units that are subject to deferral
elections made under the Plan, prior to such date. The term “Stock Units” as used in this
restatement of the Plan and any provisions of the Plan applicable to such Stock Units refers only
to Stock Units that are credited under the Plan on or after June 1, 2005.

	2.	 	Term

     The Plan shall become effective upon the approval by the stockholders of the Company. The
Plan shall operate and shall remain in effect until terminated by action of the Company’s Board of
Directors (the “Board”).

	3.	 	Plan Operation

     The Plan is intended to meet the requirements of Rule 16b-3(c)(2)(ii) adopted under the
Securities Exchange Act of 1934 (the “1934 Act”) and accordingly is intended to be self-governing.
To this end the Plan requires no discretionary action by any administrative body with regard to any
transaction under the Plan. To the extent, if any, that any questions of interpretation arise,
these shall be resolved by this Nominating Committee (or any successor committee) of the Board (the
“Committee”).

	4.	 	Eligibility

     Only directors of the Company who are not employees of the Company or any subsidiary of the
Company (“Eligible Directors”) shall participate in the Plan.

 

 

	5.	 	Shares of Common Stock Subject to the Plan

     The maximum number of shares of common stock of the Company (“Common Stock”) that shall be
reserved for issuance under the Plan shall be 175,000 shares, subject to adjustment upon changes in
the capitalization of the Company as provided in Section 6 of the Plan. The shares of Common Stock
to be issued pursuant to the Plan may be, at the election of the Company, either authorized and
unissued shares or treasury shares, and no fractional shares shall be issued under the Plan.
Shares of Common Stock that are paid in settlement of Stock Units (as defined herein) shall be
applied to reduce the maximum number of shares of Common Stock remaining available for issuance
under the Plan.

	6.	 	Adjustments and Reorganizations

     The Board, as it deems appropriate to meet the intent of the Plan, may make such adjustments
to the number of shares available under the Plan pursuant to Section 5 and to any outstanding Stock
Units credited under the Plan, provided such adjustments are consistent with the effect on other
stockholders arising from any corporate restructuring action. Such actions may include, but are
not limited to, any stock dividend, stock split, combination or exchange of shares, merger,
consolidation, spin-off, recapitalization, or other distribution (other than normal cash dividends)
of Company assets to stockholders, or any other change affecting shares. The Board may also make
such similar appropriate adjustment in the calculation of Fair Market Value (as defined in Section
7) as it deems necessary to preserve Eligible Directors’ rights under the Plan.

	7.	 	Fair Market Value

     Fair Market Value for all purposes under the Plan shall mean the average (rounded up to the
nearest cent) of the closing price on the last day of the month of a share of Common Stock for each
of the preceding twelve calendar months, or shorter period as may be applicable, as reported on the
composite tape for securities listed on the New York Stock Exchange.

	8.	 	Grants of Stock Units

     (a) The annual cash retainer payable to each Eligible Director for services as a director,
excluding any fees payable for service on Board committees or for extraordinary services (the
“Annual Retainer”), shall be payable partly in the form of a credit of Stock Units under the Plan.
As used herein, a “Stock Unit” is a non-voting unit of measurement which is credited to a
bookkeeping account and deemed for purposes of the Plan to be equivalent in value to one
outstanding share of Common Stock. The Stock Units shall be used solely as a device for the
determination of any payment to eventually be made to the Eligible Director pursuant to Section 9.

     (b) On or as soon as practicable after any date on or after June 1, 2005 on which a quarterly
payment of the Annual Retainer is to be paid (each, a “Crediting Date”), each Eligible Director’s
account under the Plan will be automatically credited with a number of

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Stock Units equal to fifty percent (50%) of the amount of the Annual Retainer scheduled to be paid
to such Eligible Director on such Crediting Date, divided by the Fair Market Value of a share of
Common Stock on the Crediting Date. The remaining fifty percent (50%) of the amount of the Annual
Retainer scheduled to be paid to such Eligible Director on such Crediting Date will be paid to the
Eligible Director in cash; provided, however, that the Eligible Director may elect in advance to
have all or any portion of such amount credited as Stock Units to his or her account under the Plan
in lieu of such cash payment. Any such election to have a portion of the Annual Retainer credited
in the form of Stock Units under the foregoing proviso must be made, on a form and in a manner
prescribed by the Committee, prior to the beginning of the calendar year to which such Annual
Retainer relates. The number of Stock Units to be credited pursuant to such election shall be
determined based on the Fair Market Value of a share of Common Stock on the Crediting Date.

	9.	 	Payment of Stock Units

     All Stock Units shall be paid in an equivalent number of shares of Common Stock in a single
distribution within 30 days of the Eligible Director’s Separation from Service. Notwithstanding
the foregoing if an Eligible Director is a Key Employee as of his Separation from Service, payment
shall be made on the first day of the seventh month following the date of his Separation from
Service (or, if earlier, the date of his death), along with interest on the delayed payments.
Interest shall be computed using the retroactive annuity starting date rate in effect under the
Northrop Grumman Pension Plan on a month-by-month basis during such delay (i.e., the rate may
change in the event the delay spans two calendar years). Such payment shall be subject to
adjustment as provided in Section 6 and shall be in complete satisfaction of such Stock Units.

     For purposes of this Section, the following terms shall have the meanings indicated below:

Affiliated Company. The Company and any other entity related to the Company under
the rules of section 414 of the Code. The Affiliated Companies include Northrop Grumman
Corporation and its 80%-owned subsidiaries and may include other entities as well.

Code. The Internal Revenue Code of 1986, as amended.

Key Employee. An employee treated as a “specified employee” under Code section
409A(a)(2)(B)(i) of the Company or an Affiliated Company (i.e., a key employee (as defined
in Code section 416(i) without regard to paragraph (5) thereof)) if the Company’s or an
Affiliated Company’s stock is publicly traded on an established securities market or
otherwise. The Company shall determine in accordance with a uniform Company policy which
participants are Key Employees as of each December 31 in accordance with IRS regulations or
other guidance under Code section 409A, provided that in determining the compensation of
individuals for this purpose, the definition of compensation in

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Treas. Reg. § 1.415(c)-2(d)(3) shall be used. Such
determination shall be effective for the twelve (12) month period commencing on April 1 of
the following year.

Separation from Service. A “separation from service” within the meaning of Code
section 409A.

	10.	 	Dividend Equivalents

     No later than sixty (60) days following each date that the Company pays an ordinary cash
dividend on its outstanding Common Stock (if any ordinary cash dividends are paid), for which the
related record date occurs on or after June 1, 2005 and prior to an Eligible Director’s payment
date described in Section 9, the Eligible Director’s Stock Unit account shall be credited with
additional Stock Units equal to (i) the number of outstanding and unpaid Stock Units credited to
such account as of such record date, multiplied by (ii) the amount of the ordinary cash dividend
paid by the Company on a share of Common Stock, divided by (iii) the Fair Market Value of a share
of the Common Stock as of such record date.

	11.	 	Restrictions on Transfer

     Stock Units shall be nontransferable and shall not be assignable, alienable, saleable or
otherwise transferable by an Eligible Director other than by will or the laws of descent and
distribution or pursuant to a qualified domestic relations order. An Eligible Director may
designate a beneficiary or beneficiaries to receive any distributions under the Plan upon the death
of the Eligible Director.

	12.	 	Issuance of Certificates

     (a) On the payment date described in Section 9, the Company shall issue stock certificates
registered in the name of the Eligible Director representing the number of shares of Common Stock
equivalent to Stock Units which are payable under the Plan with respect to such payment date.

     (b) Whenever under the terms of the Plan a fractional share would be required to be issued,
the fractional share shall be rounded up to the next full share.

     (c) All shares of Common Stock delivered under the Plan shall be subject to such
stop-transfer orders and other restrictions as the Company may deem advisable or legally necessary
under any laws, statutes, rules, regulations and other legal requirements, including those of any
stock exchange upon which the Common Stock is then listed and any applicable Federal, state or
foreign securities law.

     (d) Anything to the contrary herein notwithstanding, the Company shall not be required to
issue any shares of Common Stock under the Plan if, in the opinion of legal counsel, the issuance
and delivery of such shares would constitute a violation by the

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Eligible Director or the Company of any applicable law or regulation of any governmental authority,
including, without limitation, Federal and state securities laws, or the regulations of any stock
exchange on which the Company’s securities may then be listed.

	13.	 	Plan Amendment

     The Board may suspend or terminate the Plan or any portion of the Plan. The Board may also
amend the Plan if deemed to be in the best interests of the Company and its stockholders; provided,
however, that (a) no such amendment may impair any Eligible Director’s right regarding any
outstanding grants or Stock Units or other right to receive shares or cash payments under the Plan
without his or her consent, (b) the Plan may not be amended more than once every six months, unless
such amendment is permitted by Rule 16b-3(c)(2)(ii)(B) under the 1934 Act, and (c) no such
amendment may cause the Plan not to comply with Rule 16b-3, or any successor rule, under the 1934
Act.

	14.	 	Unfunded Plan

     Unless otherwise determined by the Committee, the Plan shall be unfunded and shall not create
(or be construed to create) a trust or a separate fund or funds. The Plan shall not establish any
fiduciary relationship between the Company and any Eligible Director or other person. To the
extent any person holds any rights by virtue of an award granted under the Plan, such rights
(unless otherwise determined by the Committee) shall be no greater than the rights of an unsecured
general creditor of the Company.

	15.	 	Future Rights

     Neither the Plan, nor the granting of Common Stock nor any other action taken pursuant to the
Plan, shall constitute or be evidence of any agreement or understanding, express or implied, that
the Company will retain an Eligible Director for any period of time, or at any particular rate of
compensation. Nothing in this Plan shall in any way limit or affect the right of the Board or the
stockholders of the Company to remove any Eligible Director or otherwise terminate his or her
service as a director of the Company.

	16.	 	Governing Law

     The Plan and all rights and obligations under the Plan shall be governed by, and construed in
accordance with, the laws of the State of California and applicable Federal law.

	17.	 	Successors and Assigns

     The Plan shall be binding on all successors and assigns of an Eligible Director, including,
without limitation, the estate of such Eligible Director and the executor, administrator or trustee
of such estate, or any receiver or trustee in bankruptcy or representative of the Eligible
Director’s creditors.

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	18.	 	Rights as a Stockholder

     The Eligible Director in whose name the certificates are registered shall have all of the
rights of a stockholder with respect to such shares, including the right to vote the Common Stock
and receive dividends and other distributions made on the Common Stock. Shares of Common Stock
issued under the Plan shall be fully paid and non-assessable.

	19.	 	Construction

     The Plan shall be construed and interpreted to comply with Section 409A. Notwithstanding
Section 13 above, the Company reserves the right to amend the Plan and any outstanding grants under
the Plan to the extent it reasonably determines is necessary in order to preserve the intended tax
consequences of the Stock Units in light of Section 409A and any regulations or other guidance
promulgated thereunder.

6exv10wxiy

 

Exhibit 10(i)

First Amendment to the

Northrop Grumman 2001 Long-Term Incentive Stock Plan

(As Amended September 17, 2003)

Effective as of December 19, 2007, Section 6(a) of the Northrop Grumman 2001 Long-Term Inventive
Stock Plan is revised in its entirety to read as follows:

     6. Adjustments and Reorganizations

     (a) Upon (or, as may be necessary to effect the adjustment, immediately prior to): any
reclassification, recapitalization, stock split (including a stock split in the form of a
stock dividend) or reverse stock split; any merger, combination, consolidation, or other
reorganization; any spin-off, split-up, or similar extraordinary dividend distribution in
respect of the Common Stock; or any exchange of shares of Common Stock or other securities
of the Company, or any similar, unusual or extraordinary corporate transaction in respect of
the Common Stock; then the Committee shall equitably and proportionately adjust (1) the
number and type of shares of Common Stock (or other securities) that thereafter may be made
the subject of awards (including the specific share limits, maximums and numbers of shares
set forth elsewhere in this Plan), (2) the number, amount and type of shares of Common Stock
(or other securities or property) subject to any outstanding awards, (3) the grant,
purchase, or exercise price (which term includes the base price of any SAR or similar right)
of any outstanding awards, and/or (4) the securities, cash or other property deliverable
upon exercise or payment of any outstanding awards, in each case to the extent necessary to
preserve (but not increase) the level of incentives intended by this Plan and the
then-outstanding awards.

     Unless otherwise expressly provided in the applicable award agreement, upon (or, as may
be necessary to effect the adjustment, immediately prior to) any event or transaction
described in the preceding paragraph or a sale of all or substantially all of the business
or assets of the Company as an entirety, the Committee shall equitably and proportionately
adjust the performance standards applicable to any then-outstanding performance-based awards
to the extent necessary to preserve (but not increase) the level of incentives intended by
the Plan and the then-outstanding performance-based awards.

     It is intended that, if possible, any adjustments contemplated by the preceding two
paragraphs be made in a manner that satisfies applicable legal, tax (including, without
limitation and as applicable in the circumstances, Section 424 of the Code, Section 409A of
the Code and Section 162(m) of the Code) and accounting (so as to not trigger any charge to
earnings with respect to such adjustment) requirements.

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