Document:

Unitrin, Inc. Pension Equalization Plan

 EXHIBIT 10.9 
 UNITRIN, INC. PENSION EQUALIZATION PLAN 
 As Adopted Effective April 10, 1990 

As Amended and Restated Effective January 19, 1995 

 TABLE OF CONTENTS 
  

					
	ARTICLE I.	  	DEFINITIONS	  	1
			
	ARTICLE II.	  	ELIGIBILITY	  	3
			
	ARTICLE III.	  	SUPPLEMENTAL RETIREMENT BENEFIT	  	3
			
	ARTICLE IV.	  	SUPPLEMENTAL SURVIVING SPOUSE BENEFIT	  	4
			
	ARTICLE V.	  	ADMINISTRATION OF THE PLAN	  	5
			
	ARTICLE VI.	  	AMENDMENT OR TERMINATION	  	5
			
	ARTICLE VII.	  	GENERAL PROVISIONS	  	6

 UNITRIN, INC. PENSION EQUALIZATION PLAN 
 The Unitrin, Inc. Pension Equalization Plan (the “Plan”) was adopted effective April 10, 1990, and is amended and restated effective
January 19, 1995. The Plan is established and maintained by Unitrin, Inc. for the purpose of providing benefits in excess of the limitations on benefits imposed by Section 415 of the Internal Revenue Code for certain of its or its
Affiliates’ employees who participate in any Qualified Plan, as hereinafter defined. 
 Also, only with respect to those Participants
hereunder who are Top Hat Participants as defined in Section 1.16 hereof, this Plan shall provide benefits in excess of the limitations on benefits imposed by Section 401(a)(17) of the Internal Revenue Code. 
 Accordingly, Unitrin, Inc. hereby adopts the Plan pursuant to the terms and provisions set forth below: 
 ARTICLE I. 
 DEFINITIONS

 Whenever used herein the following terms shall have the meanings hereinafter set forth: 
 1.1. “Affiliated Company” or “Affiliate” means any corporation, trade or business entity which is a member of a controlled
group of corporations, trades or businesses, or an affiliated service group, of which the Company is also a member, as provided in Code Sections 414(b), (c), (m) or (o). 
 1.2. “Board” means the Board of Directors of the Company. 
 1.3. “Code”
means the Internal Revenue Code of 1986, as amended from time to time, and any regulations relating thereto. 
 1.4.
“Committee” means the Compensation Committee of the Board. 
 1.5. “Company” means Unitrin, Inc., a
Delaware corporation, or, to the extent provided in Section 7.8 below, any successor corporation or other entity resulting from a reorganization, merger or consolidation into or with the Company, or a transfer or sale of substantially all of
the assets of the Company. 
 1.6. “Normal Retirement Age” means a Participant’s age when he has both attained his 65th
birthday and completed five Years of Vesting Service under a Qualified Plan. 
 1.7. “Normal Retirement Date” means the
first day of the month coinciding with or next following the date on which a Participant terminates employment with the Company and all Affiliates because of his normal retirement under a Qualified Plan on or after attainment of his Normal
Retirement Age. 

 1.8. “Participant” means an employee of the Company or of an Affiliated Company who at
any time after April 10, 1990, is a participant under a Qualified Plan and to whom or with respect to whom a benefit is payable under this Plan. The term “Participant” shall include Top Hat Participants. 
 1.9. “Plan” means the Unitrin, Inc. Pension Equalization Plan. 
 1.10. “Qualified Plan” means any tax-qualified defined benefit pension plan maintained by Unitrin, Inc. or any Affiliate and each
predecessor, successor or replacement to any such Qualified Plan, excluding any Qualified Plan maintained pursuant to a collective bargaining agreement. 
 1.11. “Qualified Plan Retirement Benefit” means the aggregate benefit payable to a Participant pursuant to a Qualified Plan by reason of his termination of employment with the Company and all
Affiliates for any reason other than death. Where a Qualified Plan provides for an offset to a Participant’s benefit thereunder to reflect payment to a Participant of additional defined benefit pension payments (within the meaning of Code
Section 414(j)) under other defined benefit pension plans of the Company or an Affiliated Company, the Participant’s Qualified Plan Retirement Benefit shall be the total value of all such defined benefit pensions. 
 1.12. “Qualified Plan Surviving Spouse Benefit” means the aggregate benefit payment to the Surviving Spouse of a Participant with
respect to the Participant’s Qualified Plan Retirement Benefit in the event of the death of the Participant at any time prior to commencement of payment of his Qualified Plan Retirement Benefit. 
 1.13. “Supplemental Retirement Benefit” means the benefit payable to a Participant pursuant to the Plan by reason of his termination of
employment with the Company and all Affiliates for any reason other than death. 
 1.14. “Surviving Spouse” means a person
who is married to a Participant at the date of his death. 
 1.15. “Supplemental Surviving Spouse Benefit” means the benefit
payable to a Surviving Spouse pursuant to the Plan. 
 1.16. “Top Hat Participant” means a Participant who qualifies for
inclusion in a “select group of management or highly compensated employees” as provided in Sections 201(2), 301(a)(3), 401(a)(1) and 4021(b)(6) of the Employee Retirement Income Security Act of 1974 and who has been designated as a Top Hat
Participant by the Board. Such designation shall be made in writing and shall be filed with the records of this Plan. 
 1.17.
Construction. Words in the masculine gender shall include the feminine and the singular shall include the plural, and vice versa, unless qualified by the context. Any headings used herein are included for ease of reference only, and are not
to be construed so as to alter the terms hereof. 
  

 -2- 

 ARTICLE II. 
 ELIGIBILITY 
 An employee who is eligible to receive a Qualified Plan Retirement Benefit, the amount
of which is reduced by reason of the application of the limitations on benefits imposed by application of Code Section 415 (or in the case of a Top Hat Participant, is reduced by the limitations on benefits imposed by application of Code
Section 401(a)(17)), in each case as in effect on the date for commencement of the Qualified Plan Retirement Benefit, or as in effect at any time thereafter, shall be eligible to receive a Supplemental Retirement Benefit. If a Participant
described in the preceding sentence dies prior to commencement of payment of his Qualified Plan Retirement Benefit, his Surviving Spouse shall be eligible to receive a Supplemental Surviving Spouse Benefit. 
 ARTICLE III. 
 SUPPLEMENTAL
RETIREMENT BENEFIT 
 3.1. Amount. The Supplemental Retirement Benefit payable to a Participant in the form of a straight life
annuity over the lifetime of the Participant only, commencing on his Normal Retirement Date, shall be a monthly amount equal to the difference between (a) and (b) below: 
 (a) the monthly amount of the Qualified Plan Retirement Benefit to which the Participant would have been entitled if such Benefit were computed without
giving effect to the limitations on benefits imposed by application of Code Section 415 (and in the case of a Top Hat Participant, Code Section 401(a)(17)) to plans to which those Sections apply; 
 LESS 
 (b) the monthly amount of the
Qualified Plan Retirement Benefit payable to the Participant. 
 The amounts described in (a) and (b) shall be computed as of the
date of termination of employment of the Participant with the Company and all Affiliates in the form of a straight life annuity payable over the lifetime of the Participant only commencing on his Normal Retirement Date. 
 3.2. Form of Benefit. The Supplemental Retirement Benefit payable to a Participant shall be paid in the same form under which the Qualified Plan
Retirement Benefit is payable to the Participant. The Participant’s election under a Qualified Plan of any optional form of payment of his Qualified Plan Retirement Benefit (with the valid consent of his Surviving Spouse where required under
such Qualified Plan) shall also be applicable to the payment of his Supplemental Retirement Benefit. 
  

 -3- 

 3.3. Commencement of Benefit. Payment of the Supplemental Retirement Benefit to a Participant
shall commence on the same date as payment of the Qualified Plan Retirement Benefit to the Participant commences. Any election under a Qualified Plan made by the Participant with respect to the commencement of payment of his Qualified Plan
Retirement Benefit shall also be applicable with respect to the commencement of payment of his Supplemental Retirement Benefit. 
 3.4.
Actuarial Equivalent. A Supplemental Retirement Benefit which is payable in any form other than a straight life annuity over the lifetime of the Participant, or which commences at any time prior to the Participant’s Normal Retirement
Date, shall be the actuarial equivalent of the Supplemental Retirement Benefit set forth in Section 3.1 above as determined by the same actuarial adjustments as those specified in the Qualified Plan with respect to determination of the amount
of the Qualified Plan Retirement Benefit on the date for commencement of payment hereunder or on the last day that any such Qualified Plan was in effect. 
 ARTICLE IV. 
 SUPPLEMENTAL SURVIVING SPOUSE BENEFIT 
 4.1. Amount. If a Participant dies prior to commencement of payment of his Qualified Plan Retirement Benefit under circumstances in which a
Qualified Plan Surviving Spouse Benefit is payable to his Surviving Spouse, then a Supplemental Surviving Spouse Benefit is payable to his Surviving Spouse as hereinafter provided. The Supplemental Surviving Spouse Benefit payable to a Surviving
Spouse shall be a monthly amount equal to the difference between (a) and (b) below: 
 (a) the monthly amount of the Qualified Plan
Surviving Spouse Benefit to which the Surviving Spouse would have been entitled if such Benefit were computed without giving effect to the limitations on benefits imposed by application of Code Section 415 (and in the case of the Surviving
Spouse of a Top Hat Participant, Code Section 401(a)(17)) to plans to which those Sections apply; 
 LESS 
 (b) the monthly amount of the Qualified Plan Surviving Spouse Benefit payable to the Surviving Spouse. 
 4.2. Form and Commencement of Benefit. A Supplemental Surviving Spouse Benefit shall be payable over the lifetime of the Surviving Spouse only in
monthly installments commencing on the date for commencement to the Surviving Spouse of payment of the Qualified Plan Surviving Spouse Benefit, and terminating on the date of the last payment of the Qualified Plan Surviving Spouse Benefit made
before the Surviving Spouse’s death. 
  

 -4- 

 ARTICLE V. 
 ADMINISTRATION OF THE PLAN 
 5.1. Administration by the Company. The Company, acting through
the Committee, shall be responsible for the general operation and administration of the Plan and for carrying out the provisions thereof. 
 5.2. General Powers of Administration. The Company shall have such powers and duties with respect to the administration of the Plan as are applicable to the Plan Administrative Committee of Unitrin, Inc. under the Unitrin, Inc.
Retirement Plan for Salaried Employees. The Company shall be entitled to rely conclusively upon all tables, valuations, certificates, opinions and reports furnished by any actuary, accountant, treasurer, controller, counsel or other person employed
or engaged by the Company with respect to the Plan. 
 ARTICLE VI. 
 AMENDMENT OR TERMINATION 
 6.1. Amendment or Termination. The Company
intends the Plan to be permanent but reserves the right, subject to Section 6.2, to amend or terminate the Plan when, in the sole opinion of the Company, such amendment or termination is advisable. Any such amendment or termination shall be
made pursuant to a resolution of the Board and shall be effective as of the date of such resolution or as specified therein. 
 6.2.
Effect of Amendment or Termination. No amendment or termination of the Plan shall, without the express written consent of the affected current or former Participant or Surviving Spouse, reduce or alter any benefit entitlement (as defined
below) of such Participant or Surviving Spouse. The benefit entitlement of any Participant or Surviving Spouse whose benefit hereunder shall have commenced on a date prior to or coincident with the date of a Plan termination or amendment shall be
the amount and form of payment hereunder in effect at the time of such termination or amendment. The benefit entitlement of any other Participant or Surviving Spouse shall be the benefit that would be payable hereunder as a life annuity if payment
of the Participant’s Qualified Plan Retirement Benefit or the Surviving Spouse’s Qualified Plan Surviving Spouse Benefit were to commence on the date of a Plan termination or amendment; provided that such benefit entitlement shall not
exceed the benefit that would be subsequently calculated and payable hereunder as a life annuity if the Plan in effect on the day immediately preceding the date of such Plan termination or amendment were to continue until the Participant’s
Qualified Plan Retirement Benefit or the Surviving Spouse’s Qualified Plan Surviving Spouse Benefit actually commences. If the benefit of a Participant is payable in any form other than a straight-life annuity over the lifetime of the
Participant, the provisions of Section 3.4 shall be applicable in determining the amount of benefit so payable. 
  

 -5- 

 ARTICLE VII. 
 GENERAL PROVISIONS 
 7.1. Funding. The Plan at all times shall be entirely unfunded and the
Company shall not be required at any time to segregate any assets of the Company for payment of any benefits hereunder. No Participant, Surviving Spouse or any other person shall have any interest in any particular assets of the Company by reason of
the right to receive a benefit under the Plan and any such Participant, Surviving Spouse or other person shall have only the contractual rights of a general unsecured creditor of the Company with respect to any rights under the Plan. 
 7.2. General Conditions. Except as otherwise expressly provided herein, all terms and conditions of the Qualified Plan applicable to a Qualified
Plan Retirement Benefit or a Qualified Plan Surviving Spouse Benefit shall also be applicable to a Supplemental Retirement Benefit or Supplemental Surviving Spouse Benefit payable hereunder. Any Qualified Plan Retirement Benefit or Qualified Plan
Surviving Spouse Benefit, or any other benefit payable under a Qualified Plan, shall be paid solely in accordance with the terms and conditions of such Qualified Plan and nothing in this Plan shall operate or be construed in any way to modify, amend
or affect the terms and provisions of such Qualified Plan. 
 7.3. No Guaranty of Benefits. Nothing contained in the Plan shall
constitute a guaranty by the Company or any other entity or person that the assets of the Company will be sufficient to pay any benefit hereunder. 
 7.4. No Enlargement of Employee Rights. No Participant or Surviving Spouse shall have any right to a benefit under the Plan except in accordance with the terms of the Plan. Establishment of the Plan shall not be construed to give any
Participant the right to be retained in the service of the Company. 
 7.5. Spendthrift Provision. No interest of any person or entity
in, or right to receive a benefit under, the Plan shall be subject in any manner to sale, transfer, assignment, pledge, attachment, garnishment, or other alienation or encumbrance of any kind; nor may such interest or right to receive a benefit be
taken, either voluntarily or involuntarily, for the satisfaction of the debts of, or other obligations or claims against, such person or entity, including claims for alimony, support, separate maintenance and claims in bankruptcy proceedings.

 7.6. Applicable Law. The Plan shall be construed and administered under the laws of the State of Illinois. 
 7.7. Small Benefits. If the actuarial value of any Supplemental Retirement Benefit or Supplemental Surviving Spouse Benefit is less than or equal
to $25,000, the Company may pay the actuarial value of such Benefit to the Participant or Surviving Spouse in a single lump sum in lieu of any further benefit payments hereunder. 
 7.8. Corporate Successor. The Plan shall not be automatically terminated by a transfer or sale of assets of the Company or by the reorganization,
merger or consolidation of the Company into or with any other corporation or other entity, but the Plan shall be continued after 

  

 -6- 

 
such transfer, sale, reorganization, merger or consolidation only if and to the extent that the transferee, purchaser or successor entity agrees to continue
the Plan. In the event that the Plan is not continued by the transferee, purchaser or successor entity, then the Plan shall terminate subject to the provisions of Section 6.2. 
 7.9. Unclaimed Benefit. Each Participant shall keep the Company informed of his current address and the current address of his spouse. The Company
shall not be obligated to search for the whereabouts of any person. If the location of a Participant is not made known to the Company within three (3) years after the date on which payment of the Participant’s Supplemental Retirement
Benefit may first be made, payment may be made as though the Participant had died at the end of the three-year period. If, within one additional year after such three-year period has elapsed, or, within three years after the actual death of a
Participant, the Company is unable to locate any Surviving Spouse for the Participant, then the Company shall have no further obligation to pay any benefit hereunder to such Participant or Surviving Spouse or any other person and such benefit shall
be irrevocably forfeited. 
 7.10. Limitations on Liability. Notwithstanding any of the preceding provisions of the Plan, neither the
Company nor any individual acting as an employee or agent of the Company shall be liable to any Participant, former Participant, Surviving Spouse or any other person for any claim, loss, liability or expense incurred in connection with the Plan.

 The Company has executed the Unitrin, Inc. Pension Equalization Plan on January 19, 1995. 
  

			
	UNITRIN, INC.
		
	By:	 	 /s/ Richard C. Vie

		 	 President and Chief Executive Officer

  

 -7- 

 FIRST AMENDMENT TO THE UNITRIN, INC. PENSION EQUALIZATION PLAN 
 as amended and restated effective January 19, 1995 
 WHEREAS, Unitrin, Inc. (the “Company”) maintains the Unitrin, Inc. Pension Equalization Plan (the “Plan”) for the purpose of providing benefits in excess of those which may be provided under the
qualified retirement plans maintained by Unitrin, Inc. and its affiliates, due to limitations imposed by the Internal Revenue Code of 1986, as amended; 
 WHEREAS, Section 6.1 of the Plan gives the Company, pursuant to a resolution adopted by its Board of Directors, the authority to amend the Plan; 
 WHEREAS, the Board of Directors of the Company has approved this First Amendment to the Plan; 
 NOW, THEREFORE, the Plan is hereby amended as of January 1, 2002 as follows: 
 1. Section 3.1(a) of the Plan is amended in its entirety to read as follows: 
 “(a) the monthly amount of the Qualified Plan Retirement Benefit to which the Participant would have been entitled if such Benefit
were computed: (1) without giving effect to the limitations on benefits imposed by application of Code Section 415 (and in the case of a Top Hat Participant, Code Section 401(a)(17)) to plans to which those Sections apply and
(2) by modifying the compensation used to determine such Benefit by including in compensation any amount which a Participant elected to have deducted from his compensation on a pre-tax basis and contributed to a nonqualified deferred
compensation plan maintained by the Company or an Affiliate and excluding from compensation any benefits paid or payable to the Participant under such deferred compensation plan; 
 LESS” 
 2. Section 4.1(a) of the
Plan is amended in its entirety to read as follows: 
 “(a) the monthly amount of the Qualified Plan Surviving Spouse
Benefit to which the Surviving Spouse would have been entitled if such Benefit were computed: (1) without giving effect to the limitations on benefits imposed by application of Code Section 415 (and in the case of a Top Hat Participant,
Code Section 401(a)(17)) to plans to which those Sections apply and (2) by modifying the compensation used to determine such Benefit by including in compensation any amount which a Participant elected to have deducted from his
compensation on a pre-tax basis and contributed to a nonqualified deferred compensation plan maintained by the Company or an Affiliate and excluding 

 
from compensation any benefits paid or payable to the Participant under such deferred compensation plan; 
 LESS” 
 The Company has executed this
First Amendment to the Unitrin, Inc. Pension Equalization Plan on December 17, 2001. 
  

			
	 UNITRIN, INC.

		
	By:	 	 /s/ David F. Bengston

	 Name:
	 	 David F. Bengston

	 Title:
	 	 Vice President

 SECOND AMENDMENT TO THE UNITRIN, INC. PENSION EQUALIZATION PLAN 
 as amended and restated effective January 19, 1995 
 WHEREAS, Unitrin, Inc. (the “Company”) maintains the Unitrin, Inc. Pension Equalization Plan (the “Plan”) for the purpose of providing benefits in excess of those which may be provided under the
qualified retirement plans maintained by Unitrin, Inc. and its affiliates, due to limitations imposed by the Internal Revenue Code of 1986, as amended; 
 WHEREAS, Section 6.1 of the Plan gives the Company, pursuant to a resolution adopted by its Board of Directors, the authority to amend the Plan; 
 WHEREAS, the Board of Directors of the Company has authorized the Plan to be amended to provide that the Board shall have the right to delegate the
authority to amend the Plan; 
 NOW, THEREFORE, Section 6.1 of the Plan is hereby amended, effective January 1, 2002, by adding the
following sentence at the end thereof: 
 “Notwithstanding the foregoing, the Board may from time to time by specific resolution delegate
its right to amend the Plan to any person or persons and in such event, such person may take such action to amend the Plan in lieu of the Board in accordance with this Section.” 
 The Company has executed this Second Amendment to the Unitrin, Inc. Pension Equalization Plan on December 17, 2001. 
  

			
	 UNITRIN, INC.

		
	By:	 	 /s/ David F. Bengston

	 Name:
	 	 David F. Bengston

	 Title:
	 	 Vice PresidentRegistration Rights Agreement

 Exhibit 10.17 
 EXECUTION COPY 
 REGISTRATION RIGHTS AGREEMENT 
 Registration Rights Agreement, dated as of January 23, 2001, by and among Northrop Grumman Corporation, a Delaware corporation (“Parent”),
NNG, Inc., a Delaware corporation (“Holdco”), and Unitrin, Inc., a Delaware corporation (“Unitrin”). Terms which are capitalized herein, and which are defined in the Amended Merger Agreement, shall have the meanings therein set
forth. 
 WITNESSETH: 
 WHEREAS, contemporaneously with the execution and delivery of this Agreement, Parent, Holdco, LII Acquisition Corporation, a Delaware corporation (“Acquisition I”) and Litton Industries, Inc., a Delaware corporation (the
“Company”) are entering into an Amended and Restated Agreement and Plan of Merger, dated as of the date hereof (the “Amended Merger Agreement”), which provides for (a) the Offer by Holdco in which each Share together with
the associated Right accepted by Holdco in accordance with the terms of the Offer will be exchanged for the right to receive from Holdco, at the election of the holder of such Share: (x) the Cash Consideration, (y) the Common Stock
Consideration, or (z) the Preferred Stock Consideration, subject to proration as provided in the Offer; 
 WHEREAS, immediately prior to
the purchase of Shares in the Offer a newly organized subsidiary of Holdco will be merged with and into Parent in the Northrop Merger and will change its name to Northrop Grumman Corporation and following the purchase of Shares in the Offer,
Acquisition I will be merged with and into the Company in the Litton Merger with the result that Parent and the Company as the surviving corporations in the Mergers will become wholly owned subsidiaries of Holdco; 
 WHEREAS, contemporaneously with the execution and delivery of this Agreement, Parent, Holdco, Acquisition I and Unitrin are entering into a
Stockholder’s Agreement pursuant to which Unitrin agrees to elect to receive Holdco Common Stock and Holdco Preferred Stock in the Offer; 
 WHEREAS, in order to induce Unitrin to enter into the Stockholder’s Agreement and to agree to receive Holdco Common Stock and Holdco Preferred Stock in the Offer, Parent and Holdco have agreed to provide the registration rights set
forth in this Agreement with respect to such securities. 
 NOW, THEREFORE, in consideration of the premises and the covenants hereinafter
contained, it is agreed as follows: 
 1. DEFINITIONS. Unless otherwise defined herein, terms defined in the Amended Merger Agreement are
used herein as therein defined, and the following shall have (unless otherwise provided elsewhere in this Agreement) the following respective meanings (such meanings being equally applicable to both the singular and plural form of the terms
defined): 
 “Agreement” shall mean this Registration Rights Agreement, including all amendments, modifications and supplements and
any exhibits or schedules to any of the foregoing, and shall refer to the Agreement as the same may be in effect at the time such reference becomes operative. 

 “Approved Transferee” shall mean any transferee of at least 25% of the outstanding Holdco
Preferred Stock or 25% of the Registrable Securities. 
 “Business Day” shall mean any day that is not a Saturday, a Sunday or a
day on which banks are required or permitted to be closed in the State of New York. 
 “Commission” shall mean the Securities and
Exchange Commission or any other federal agency then administering the Securities Act and other federal securities laws. 
 “Conversion
Shares” shall mean shares of Holdco Common Stock issued upon conversion, redemption or exchange of shares of Holdco Preferred Stock in accordance with the terms of the Holdco Preferred Stock. 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, or any successor federal statute, and the rules and regulations of
the Commission thereunder, all as the same shall be in effect from time to time. 
 “Holder” shall mean Unitrin and its
subsidiaries that hold shares of Holdco Common Stock or Holdco Preferred Stock received in the Offer or Conversion Shares and any affiliate or Approved Transferee of Unitrin to which such securities have been assigned or transferred. 
 “Majority Holders” shall mean the remaining Holders holding at the time, shares of Holdco Common Stock or Holdco Preferred Stock or Conversion
Shares representing more than 50% of the sum of (x) the shares of Holdco Common Stock issued to Unitrin and its subsidiaries in the Offer and held by Holders at the time of determination, (y) all then outstanding Conversion Shares and held
by Holders at the time of determination and (z) all shares of Common Stock issuable to the holders of then-outstanding Holdco Preferred Stock upon the conversion thereof. 
 “NASD” shall mean the National Association of Securities Dealers, Inc., or any successor corporation thereto. 
 “Registrable Securities” shall mean the shares of Holdco Common Stock and Holdco Preferred Stock received by Unitrin and its subsidiaries in
the Offer and the Conversion Shares. As to any particular Registrable Securities held by any Holder, such securities shall cease to constitute Registrable Securities when (A) a registration statement with respect to the sale of such securities
shall have been declared effective under the Securities Act and such securities shall have been disposed of in accordance with the plan of distribution contemplated by the registration statement or (B) such securities shall have ceased to be
issued and outstanding. 
 “Securities Act” shall mean the Securities Act of 1933, as amended, or any successor federal statute,
and the rules and regulations of the Commission thereunder, all as the same shall be in effect from time to time. 

 2. REQUIRED REGISTRATION. After receipt of a written request from the Holders of Registrable Securities
requesting that Holdco effect a registration under the Securities Act of Registrable Securities having a minimum anticipated aggregate offering price of $100,000,000, and specifying the intended method or methods of disposition thereof, Holdco shall
promptly notify all Holders in writing of the receipt of such request and each such Holder, in lieu of exercising its rights under Section 3 may elect (by written notice sent to Holdco within 10 Business Days from the date of such Holder’s
receipt of the aforementioned Holdco’s notice) to have Registrable Securities included in such registration pursuant to this Section 2. Thereupon, Holdco shall, as expeditiously as is possible, use its commercially reasonable efforts to
effect the registration under the Securities Act of all shares of Registrable Securities which Holdco has been so requested to register by such Holders for sale, all to the extent required to permit the disposition (in accordance with the intended
method or methods thereof, as aforesaid) of the Registrable Securities so registered; provided, however, that Holdco shall not be required to effect more than three (3) registrations of any Registrable Securities pursuant to this
Section 2, it being understood that each such registration right shall be deemed used only upon such registration becoming and remaining effective in accordance with the terms hereof. 
 3. INCIDENTAL REGISTRATION. If Holdco at any time proposes to file on its behalf and/or on behalf of any of its security holders (the “demanding
security holders”) a registration statement under the Securities Act on any form (other than a registration statement on Form S-4 or S-8 or any successor form for securities to be offered in a transaction of the type referred to in Rule 145
under the Securities Act or to employees of Holdco or any of its subsidiaries pursuant to any employee benefit plan, respectively) for the general registration of securities, it will give written notice to all Holders at least 15 Business Days
before the initial filing with the Commission of such registration statement, which notice shall set forth the intended method of disposition of the securities proposed to be registered by Holdco. The notice shall offer to include in such filing the
aggregate number of shares of Registrable Securities as such Holders may request. 
 Each Holder desiring to have Registrable Securities
registered under this Section 3 shall advise Holdco in writing within 10 Business Days after the date of receipt of such offer from Holdco, setting forth the amount of such Registrable Securities for which registration is requested. Holdco
shall thereupon include in such filing the number of shares of Registrable Securities for which registration is so requested, subject to the next sentence, provided that Holdco may in its sole discretion determine to abandon any such registration.
If the managing underwriter of a proposed underwritten public offering shall advise Holdco in writing that, in its opinion, the distribution of the Registrable Securities requested to be included in the registration concurrently with the securities
being registered by Holdco or such demanding security holder would adversely affect the distribution of such securities by Holdco or such demanding security holder, then all selling security holders (including the demanding security holder who
initially requested such registration) shall reduce the amount of securities each intended to distribute through such offering on a pro rata basis to the extent required, in the opinion of such managing underwriter, to eliminate such adverse effect.
Except as otherwise provided in Section 5, all expenses of such registration shall be borne by Holdco. 
 4. REGISTRATION PROCEDURES. If
Holdco is required by the provisions of Section 2 or 3 to effect the registration of any of its securities under the Securities Act, Holdco will, as expeditiously as possible: 
 (a) prepare and file with the Commission a registration statement with respect to such securities and use its commercially reasonable
efforts to cause such registration statement to become and remain effective for a period of time required for the disposition of such securities by the holders thereof, but not to exceed 120 days; 

 (b) prepare and file with the Commission such amendments and supplements to such
registration statement and the prospectus used in connection therewith as may be necessary to keep such registration statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all
securities covered by such registration statement until the earlier of such time as all of such securities have been disposed of in a public offering or the expiration of 120 days; 
 (c) furnish to such selling security holders such number of copies of a summary prospectus or other prospectus, including a preliminary
prospectus, in conformity with the requirements of the Securities Act, and such other documents, as such selling security holders may reasonably request; 
 (d) use its commercially reasonable efforts to register or qualify the securities covered by such registration statement under such other securities or blue sky laws of such jurisdictions within the United States and
Puerto Rico as each holder of such securities shall request (provided, however, that Holdco shall not be obligated to qualify as a foreign corporation to do business under the laws of any jurisdiction in which it is not then qualified or to file any
general consent to service or process), and do such other reasonable acts and things as may be required of it to enable such holder to consummate the disposition in such jurisdiction of the securities covered by such registration statement;

 (e) furnish, at the request of any Holder requesting registration of Registrable Securities pursuant to Section 2, on
the date that such shares of Registrable Securities are delivered to the underwriters for sale pursuant to such registration or, if such Registrable Securities are not being sold through underwriters, on the date that the registration statement with
respect to such shares of Registrable Securities becomes effective under the Securities Act, (1) an opinion, dated such date, of the independent counsel representing Holdco for the purposes of such registration, addressed to the underwriters,
if any, and to the Holders making such request, in customary form and covering matters of the type customarily covered in such legal opinions; and (2) a comfort letter dated such date, from the independent accountants of Holdco, addressed to
the underwriters, if any, and to the Holder making such request and, if such accountants refuse to deliver such letter to such Holder, then to Holdco, in a customary form and covering matters of the type customarily covered by such comfort letters
and as the underwriters or such Holder shall reasonably request; 
 (f) enter into customary agreements (including an
underwriting agreement in customary form) and take such other actions as are reasonably required in order to expedite or facilitate the disposition of such Registrable Securities; 
 (g) otherwise comply with all applicable rules and regulations of the Commission, and make available to its security holders, as soon as
reasonably practicable, but not later than 18 months after the effective 

 
date of the registration statement, an earnings statement covering the period of at least 12 months beginning with the first full month after the effective
date of such registration statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act; 
 (h) make reasonably available to its senior executives and other employees and otherwise provide such assistance to the underwriters as they may reasonably request in the marketing of the Registrable Securities in an
underwritten offering, including in connection with any “road show;” 
 (i) notify each Holder of Registrable
Securities covered by any registration statement of any event which results in the prospectus included in such registration statement, as then in effect, containing an untrue statement of a material fact or omitting to state a material fact required
to be stated therein or necessary to make the statements therein not misleading and thereafter promptly prepare and furnish, after securing such approvals as may be necessary, to such Holder a reasonable number of copies of any supplement to or
amendment of such prospectus that may be necessary so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein not misleading; and 
 (j) notify each Holder of Registrable
Securities covered by any registration statement of any stop order or similar proceeding initiated by state or federal regulatory bodies and use its commercially reasonable efforts to take all necessary steps expeditiously to remove such stop order
or similar proceeding. 
 It shall be a condition precedent to the obligation of Holdco to take any action pursuant to this Agreement in
respect of the Registrable Securities which are to be registered at the request of any Holder that such Holder shall (i) furnish to Holdco such information regarding the Registrable Securities and other securities of Holdco held by such Holder
and the intended method of disposition of the Registrable Securities as Holdco shall reasonably request and as shall be required in connection with the action taken by Holdco and (ii) in connection with an underwritten offering, enter into
customary agreements (including an underwriting agreement and a custody agreement, each in customary form, and a lock-up agreement with respect to such holder’s equity securities of Holdco as may be reasonably requested by the managing
underwriter). The method of distribution shall be an underwritten offering if so requested by the Holders. 
 5. EXPENSES. All expenses
incurred in complying with this Agreement, including, without limitation, all registration and filing fees (including all expenses incident to filing with the NASD and to the inclusion of the Registrable Securities on the NYSE), printing and
distribution expenses, fees and disbursements of counsel for Holdco, the reasonable fees and expenses of one counsel for the selling security holders (selected by those holding a majority of the securities being registered), expenses of the
preparation and delivery of certificates for the Offered Securities, expenses of any special audits incident to or required by any such registration, any marketing or road show expenses, and expenses of complying with the securities or blue sky laws
of any jurisdiction pursuant to Section 4(d), shall be paid by Parent, except that Holdco shall not be liable for any fees, discounts or commissions to any underwriter or any fees or disbursements of counsel for any underwriter in respect of
the securities sold by such Holder. 

 6. INDEMNIFICATION AND CONTRIBUTION. 
 (a) In the event of any registration of any Registrable Securities under the Securities Act pursuant to this Agreement, Holdco shall
indemnify and hold harmless the holder of such Registrable Securities, such holder’s directors and officers, and each other person (including each underwriter) who participated in the offering of such Registrable Securities and each other
person, if any, who controls such holder or such participating person within the meaning of the Securities Act, against any losses, claims, damages or liabilities, joint or several, (including any reasonable investigation, legal and other expenses
incurred in connection with, and any amount paid in settlement of, any action, suit or proceeding or claim asserted) to which such Holder or any such director or officer or participating person or controlling person may become subject under the
Securities Act or any other statute or at common law, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon (i) any alleged untrue statement of any material fact contained in any
registration statement under which such securities were registered under the Securities Act, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereto, or (ii) any alleged omission to state therein
a material fact required to be stated therein or necessary to make the statements therein not misleading, and shall reimburse such Holder or such director, officer or participating person or controlling person for any legal or any other expenses
reasonably incurred by such holder or such director, officer or participating person or controlling person in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that Holdco shall not be
liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any actual or alleged untrue statement or actual or alleged omission made in such registration statement, preliminary prospectus,
prospectus or amendment or supplement (X) in reliance upon and in conformity with written information furnished to Holdco by such Holder specifically for use therein or (in the case of any registration pursuant to Section 2 so furnished
for such purposes by any underwriter or (Y) if any such untrue statement or omission is made in any such preliminary prospectus and such Holder, being obligated to do so, failed to deliver a copy of the final prospectus prior to or concurrently
with the sale of the Registrable Securities to the person asserting such loss, claim, damage or liability after Holdco had furnished such Holder with a sufficient number of copies of the same within a reasonably sufficient time period prior to such
sale and the final prospectus corrected such untrue statement or omission. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such holder or such director, officer or participating person or
controlling person, and shall survive the transfer of such securities by such Holder. 
 (b) Each Holder, by acceptance
hereof, agrees to indemnify and hold harmless Holdco, its directors and officers and each other person, if any, who controls Holdco within the meaning of the Securities Act against any losses, claims, damages or liabilities, joint or several,
(including any reasonable investigation, legal and other expenses incurred in connection with, and any amount paid in settlement of, any action, suit or proceeding or claim asserted) to which Holdco or any such director or officer or any such person
may become subject under the Securities Act or any other statute or at common law, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon information provided in writing to Holdco by
such Holder specifically 

 
for use in any registration statement under which securities were registered under the Securities Act at the request of such Holder, any preliminary
prospectus or final prospectus contained therein, or any amendment or supplement thereto, but in an amount not to exceed the net proceeds received by such Holder in the offering. 
 (c) If the indemnification provided for in this Section 6 from the indemnifying party is unavailable to an indemnified party
hereunder in respect of any losses, claims, damages, liabilities or expenses referred to therein, then the indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party
as a result of such losses, claims, damages, liabilities or expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party and indemnified parties in connection with the actions which resulted in such losses,
claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative fault of such indemnifying party and indemnified parties shall be determined by reference to, among other things, whether any action in
question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact, has been made by, or relates to information supplied by, such indemnifying party or indemnified parties, and the
parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such action. The amount paid or payable by a party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be
deemed to include any legal or other fees or expenses reasonably incurred by such party in connection with any investigation or proceeding. The liability of any Holder of Registrable Securities hereunder shall not exceed the net proceeds received by
it in the offering. 
 The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 6(c)
were determined by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. No Person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 
 7. LISTING ON SECURITIES EXCHANGE. Holdco will, at its expense, list on the NYSE (or such other principal exchange on which it lists its Common Stock) and maintain such listing of all shares of Holdco Common Stock and
Conversion Shares issued to Holders in the Offer or issuable upon conversion of the Holdco Preferred Stock so long as any shares of Holdco Common Stock shall be so listed. 
 8. CERTAIN LIMITATIONS ON REGISTRATION RIGHTS. Notwithstanding the other provisions of this Agreement: 
 (a) Holdco shall not be obligated to register the Registrable Securities of any Holder if, in the opinion of counsel to Holdco reasonably
satisfactory to the Holder and its counsel (or, if the Holder has engaged an investment banking firm, to such investment banking firm and its counsel), the sale or other disposition of all of such Holder’s Registrable Securities, in the manner
proposed by such Holder (or by such investment banking firm), may be effected without registering such Registrable Securities under the Securities Act; provided, however, that if a Holder has requested a required registration pursuant to
Section 2 and has indicated that such Holder’s intended method of distribution is an underwritten offering of Registrable Securities, Holdco shall be obligated 

 
to register the Registrable Securities in accordance with the terms hereof, notwithstanding anything to the contrary in this Section 8(a); and

 (b) Holdco shall not be obligated to register the Registrable Securities of any Holder sought to be registered pursuant to
Section 2 if Holdco has had a registration statement, under which such Holder had a right to have all such Registrable Securities included pursuant to Section 2 or 3, declared effective within six months prior to the date of the request
pursuant to Section 2. 
 (c) Holdco shall have the right to delay the filing or effectiveness of a registration
statement required pursuant to Section 2 for up to 75 days in the event that (i) Holdco would, in accordance with the advice of its counsel, be required to disclose in the prospectus information not otherwise then required by law to be
publicly disclosed and (ii) in the reasonable judgment of Parent’s Board of Directors, there is a reasonable likelihood that such disclosure, or any other action to be taken in connection with the prospectus, would materially and adversely
affect any existing or pending material business transaction or negotiation or otherwise materially and adversely affect Parent; provided, however, Holdco may not exercise such right more than twice with respect to any registration requested
pursuant to Section 2. 
 9. SELECTION OF MANAGING UNDERWRITERS. In any underwritten offering of Registrable Securities to be registered
pursuant to Section 2, Unitrin and Holdco shall each select one joint book-running lead manager. 
 10. HOLDBACK AGREEMENTS. Each Holder
of Registrable Securities covered by a registration statement pursuant to Section 2 or 3 agrees, if requested by Holdco or the managing underwriter of an underwritten offering, not to effect any sale or other distribution of equity securities
of the Company during the 7 day period prior to, and during the 90 day period beginning with, the effectiveness of such registration statement. 
 11. MISCELLANEOUS. 
 (a) NO INCONSISTENT AGREEMENTS. Holdco will not hereafter enter into any agreement with respect
to its securities which is inconsistent with the rights granted to the Holders in this Agreement. 
 (b) REMEDIES. Each
Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will be entitled to specific performance of its rights under this Agreement. Holdco agrees that monetary damages would not be adequate
compensation for any loss incurred by reason of a breach by it of the provisions of this Agreement and hereby agrees to waive the defense in any action for specific performance that a remedy at law would be adequate. In any action or proceeding
brought to enforce any provision of this Agreement or where any provision hereof is validly asserted as a defense, the successful party shall be entitled to recover reasonable attorneys’ fees in addition to any other available remedy.

 (c) AMENDMENTS. This Agreement and all other Agreements may be amended or modified with the written consent of Holdco and
the Majority Holders. 
 (d) NOTICE GENERALLY. Any notice, demand, request, consent, approval, declaration, delivery or other
communication hereunder to be made pursuant to the provisions of this Agreement shall be sufficiently given or made if in writing and either delivered in person with receipt acknowledged 

 
or sent by registered or certified mail, return receipt requested, postage prepaid, or by telecopy and confirmed by telecopy answerback, addressed as
follows: 
  

	 	(i)	If to any Holder, at 

 Unitrin, Inc. 
 One Wacker Drive 
 Chicago, Illinois 06601

 Attention: Eric J. Draut 
 Facsimile No.: (312) 661-4610 
 with a copy (which shall not constitute notice) to: 
 Skadden, Arps, State, Meagher & Flom (Illinois) 
 333 W. Wacker Drive 
 Chicago, Illinois 06606 
 Attention: Charles W. Mulaney, Jr. 
                 Brian W. Duwe 
 Facsimile No.:
(312) 407-0411 
  

	 	(ii)	If to Parent or Holdco, at 

 Northrop Grumman Corporation

 1840 Century Park East 
 Los
Angeles, California 90067 
 Attention: W. Burks Terry 
 Facsimile No.: (310) 556-4558 
 with a copy (which shall not constitute notice) to: 
 Gibson, Dunn & Crutcher LLP 
 333
South Grand Avenue 
 Los Angeles, California 90071-3197 
 Attention: Andrew E. Bogen, Esq. 
 Facsimile No.: (213) 229-7520 
 or at such other address as may be substituted by notice given as herein provided. The giving of any notice required hereunder may be waived in writing by the party
entitled to receive such notice. Every notice, demand, request, consent, approval, declaration, delivery or other communication hereunder shall be deemed to have been duly given or served on the date on which personally delivered, with receipt
acknowledged, telecopied and confirmed by telecopy answerback or three Business Days after the same shall have been deposited in the United States mail. 
 (e) RULE 144. So long as Holdco is subject to the reporting requirements under the Exchange Act, it shall comply with such requirements so as to permit sales of Registrable Securities by the Holders thereof pursuant
to Rule 144 under the Securities Act. Upon the request of any Holder, Holdco will deliver to such Holder a written statement as to whether it is in compliance with the reporting requirements of Rule 144 under the Securities Act. 
 (f) SUCCESSORS AND ASSIGNS. This Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of each
of the parties hereto, including any Approved Transferee. 
 (g) HEADINGS. The headings in this Agreement are for convenience
of reference only and shall not limit or otherwise affect the meaning hereof. 

 (h) GOVERNING LAW; JURISDICTION. This Agreement shall be governed by, construed and
enforced in accordance with the laws of the State of Delaware without giving effect to the conflict of laws principles thereof. 
 (i) SEVERABILITY. Wherever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited by or invalid under
applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. 
 (j) ENTIRE AGREEMENT. This Agreement, together with the Purchase Agreement, represents the complete agreement and understanding of the
parties hereto in respect of the subject matter contained herein and therein. This Agreement supersedes all prior agreements and understandings between the parties with respect to the subject matter hereof. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 
  

			
	NORTHROP GRUMMAN CORPORATION
		
	By:	 	 /s/ Albert Myers

	 Name:
	 	 Albert Myers

	 Title:
	 	 Corporate Vice President and Treasurer

  

			
	 NNG, INC.

		
	By:	 	 /s/ Albert Myers

	 Name:
	 	 Albert Myers

	 Title:
	 	 President

  

			
	 UNITRIN, INC.

		
	By:	 	 /s/ Eric J. Draut

	 Name:
	 	 Eric J. Draut

	 Title:
	 	 Senior Vice President and 
Chief Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]