Boardroom Alpha
10-K primary document
RTX · Annual Report (Form 10-K) · Filed February 6, 2026

Rtx Corp10-K exhibit

exhibit10592025-12x3110xk.htm
Document

Exhibit 10.59
RTX CORPORATION
LONG-TERM INCENTIVE PLAN

AMENDMENT

The RTX Corporation Long-Term Incentive Plan, as Amended and Restated as of May 2, 2024 (the “LTIP”) is hereby further amended, effective October 29, 2025, for purposes of implementing the following non-material administrative revision:
1.Section 1 (Purpose; Definitions), subsection “h” is amended and restated to read as follows:
h. “Cause” means, unless otherwise provided in an Award Agreement: (i) conduct resulting in a felony criminal conviction under U.S. federal or state law or an equivalent conviction under the laws of any other country or province, or conduct meeting the elements of the same as determined by the Corporation; (ii) dishonesty, fraud, self-dealing or material violations of civil law in the course of fulfilling the Participant’s employment duties, including but not limited to violations of any anti-fraud laws such as the Truthful Cost or Pricing Data Statute (FKA Truth in Negotiations Act or “TINA”) and the Foreign Corrupt Practices Act (FCPA) or equivalent civil laws of any other country, as determined by the Corporation; (iii) breach of the Participant’s intellectual property agreement or other written agreement between the Corporation or an Affiliate and Participant, as determined by the Corporation; (iv) such other actions or omissions that constitute willful misconduct, willful failure to perform, or gross negligence in the performance of reasonable duties of employment, as determined by the Corporation; (v) negligent supervision of a subordinate who causes significant harm to the Corporation and/or an Affiliate, as determined by the Corporation; (vi) material violation of the Corporation’s Code of Conduct or other company policy which may be injurious to the Corporation and/or an Affiliate, and/or which may render Participant’s employment untenable as determined by the Corporation; or (vii) prior to a Change-in-Control, such other events as shall be determined by the Committee. Notwithstanding the general rule of Section 2(c), following a Change-in-Control, any determination by the Committee as to whether “Cause” exists shall be subject to de novo review.
IN WITNESS WHEREOF, the undersigned has hereunto set her hand as of October 29, 2025.
RTX CORPORATION
By: /s/ Dantaya M. Williams
Dantaya M. Williams
Executive Vice President & CHRO
Attest: /s/ Christine L. Hill
Christine L. Hill
Vice President & Associate General Counsel,
Executive & Global Compensation & Benefits

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