Boardroom Alpha
Start trial
10-Q primary document
LHX · Quarterly Report (Form 10-Q) · Filed October 30, 2025

L3harris Technologies Inc — 10-Q exhibit

exhibit101rspamendment5cy2.htm
L3harris Technologies Inc on Boardroom Alpha
Document





Exhibit 10.1
AMENDMENT NUMBER FIVE
TO THE
L3HARRIS RETIREMENT SAVINGS PLAN

WHEREAS, L3Harris Technologies, Inc., a Delaware corporation (“L3Harris”), heretofore has adopted and maintains the L3Harris Retirement Savings Plan, as amended and restated effective January 1, 2025 (the "Plan");

WHEREAS, pursuant to Section 17.1 of the Plan, the Employee Benefits Committee of L3Harris (the “Committee”) has the authority to amend the Plan;

WHEREAS, pursuant to Section 13.3 of the Plan, the Committee has delegated certain of such amendment authority to the head of global benefits of L3Harris (currently, the Vice President, Global Benefits, Global Total Rewards) (the “Head of Global Benefits”);

WHEREAS, L3Harris has recognized the International Association of Machinists and Aerospace Workers 166 – Lodge No. 971 (the “Union”) as the collective bargaining agent for its Aerojet Rocketdyne West Palm Beach, Florida business unit and entered into a collective bargaining agreement with the Union, which recently was ratified (the “CBA”);

WHEREAS, the CBA increases the rate of matching contributions under the Plan for participants who are members of the Union, effective in 2026, and then again effective in 2027; and

WHEREAS, the Head of Global Benefits desires to amend the Plan to reflect such increased rate of matching contributions.

NOW, THEREFORE, BE IT RESOLVED, that Section 4.2, “Matching Contributions,” set forth within Appendix 9, “AJRD Employees,” of the Plan hereby is amended to add the following new paragraph immediately following the second paragraph thereof, effective as of the date hereof:
Effective January 1, 2026, an AJRD Bargained Employee who is a member of the AJRD Union – West Palm Beach, FL (IUF) – IAMAW 166 – Lodge No. 971 (an “AJRD West Palm Beach Bargained Employee”) shall be entitled to receive matching contributions each payroll period equal to 100 percent of the aggregate of the Participant’s pre-tax, designated Roth and after-tax contributions for such payroll period that do not exceed five percent of his or her Compensation for such payroll period, and effective January 1, 2027, an AJRD West Palm Beach Bargained Employee shall be entitled to receive matching contributions each payroll period equal to 100 percent of the aggregate of the Participant’s pre-tax, designated Roth and after-tax contributions for such payroll period that do not exceed six percent of his or her Compensation for such payroll period.









APPROVED by the HEAD OF GLOBAL BENEFITS on this 14 day of August, 2025.

/s/ Allison Lynn            
Allison Lynn
Vice President, Global Benefits, Global Total Rewards


































SIGNATURE PAGE TO AMENDMENT NUMBER FIVE
TO RETIREMENT SAVINGS PLAN



Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer