SEC Contract Filing

Filing Date: 2023-10-24

Document Content:
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>7
<FILENAME>exhibit1062023-09x3010xq.htm
<DESCRIPTION>EX-10.6
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="ie93aa2f919a840e8a2ba42b5a6bb95b7_1"></div><div style="min-height:71.28pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Exhibit 10.6</font></div></div><div style="margin-top:3.3pt;padding-left:49.67pt;padding-right:49.67pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:138%">RTX CORPORATION</font></div><div style="padding-left:49.7pt;padding-right:49.7pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">PERFORMANCE SHARE UNIT DEFERRAL PLAN</font></div><div style="margin-top:5.9pt;padding-left:128.77pt;padding-right:128.77pt;text-align:center;text-indent:-4.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:100%">(As Amended and Restated as of October 1, 2023)</font></div><div style="margin-top:0.2pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:8.75pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%;text-decoration:underline">ARTICLE I &#8211; PREAMBLE</font></div><div style="margin-top:0.15pt"><font><br></font></div><div style="margin-top:4.5pt;padding-left:42pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Section 1.1 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8211; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Purpose</font></div><div style="margin-top:0.35pt"><font><br></font></div><div style="padding-left:5.95pt;padding-right:10.9pt;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:138%">The purpose of the RTX Corporation Performance Share Unit Deferral Plan (the </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:138%">&#8220;Plan&#8221;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:138%">), is to provide eligible Participants with the opportunity to defer receipt of shares of Common Stock in respect of Performance Share Units (&#8220;PSUs&#8221;) awarded pursuant to a long-term incentive plan (&#8220;LTIP&#8221;) of the Corporation.</font></div><div style="margin-top:0.5pt"><font><br></font></div><div style="padding-left:42pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Section 1.2 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8211; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Effective Date of Plan and Amendments</font></div><div style="margin-top:0.55pt"><font><br></font></div><div style="padding-left:5.95pt;padding-right:5.75pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:134%">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:134%;padding-left:16.75pt">The United Technologies Corporation LTIP Performance Share Unit Deferral Plan was originally established in 2008.</font></div><div style="margin-top:0.4pt"><font><br></font></div><div style="padding-left:5.95pt;padding-right:5.75pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:137%">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:137%;padding-left:16.07pt">The Plan was amended and restated, effective as of January 1, 2020, for the purpose of&#58; (a) documenting certain plan rule changes in the determination of the Valuation Date for PSUs granted prior to, and on or after, January 1, 2008, effective January 1, 2008&#59; (ii) changing the definition of Specified Employee effective as of April 1, 2020&#59; (iii) certain other administrative changes effective as of January 1, 2020&#59; and (iv) changing pertinent references from &#8220;United Technologies Corporation&#8221; or &#8220;UTC&#8221; to &#8220;Raytheon Technologies Corporation&#8221; or &#8220;RTX&#8221; effective as of April 3, 2020.</font></div><div style="margin-top:0.15pt"><font><br></font></div><div style="padding-left:5.95pt;padding-right:5.75pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:133%">(c)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:133%;padding-left:16.75pt">The Plan was amended and restated, effective as of June 1, 2022, for the purpose of&#58; (i) renaming the Plan the </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:133%">Raytheon Technologies Corporation Performance Share Unit Deferral Plan</font></div><div style="margin-top:0.55pt;padding-left:5.95pt;pa