Common use of Effective Immediately After the Distribution Date and until the earlier Clause in Contracts

Effective Immediately After the Distribution Date and until the earlier. of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000, ATI shall administer or cause the administration of the assets and Benefit Liabilities of the Teledyne 401(k) Plan with respect to both Teledyne employees and Teledyne Technologies Individuals. Teledyne Technologies shall pay to ATI, within thirty days of presentment of an invoice therefor, an amount equal to the actual cost incurred by ATI for administration of the assets and Benefit Liabilities in the Teledyne 401(k) Plan relating to Teledyne Technologies Individuals. Teledyne Technologies Individuals shall continue to accrue service credit under the Teledyne 401(k) Plan for vesting and benefit eligibility purposes until the earlier of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000. Effective as of the earlier of (i) adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000: (A) the Teledyne Technologies 401(k) Plan shall assume and be solely responsible for all Benefit Liabilities to or relating to Teledyne Technologies Individuals under the Teledyne Technologies 401(k) Plan, and (B) ATI shall cause an amount equal to the aggregate account balances of the Teledyne Technologies Individuals participating under the Teledyne 401(k) Plan, whether such amounts are vested or unvested under the terms of the Teledyne 401(k) Plan, which are held by the related trust as of the applicable of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000 (or such other date as may be agreed by ATI and Teledyne Technologies) to be transferred to the Teledyne Technologies 401(k) Plan, and its related trust, 10 14 and Teledyne Technologies shall cause such transferred accounts to be accepted by such plan and trust. In ATI's sole and absolute discretion, the amount so transferred may be in cash or in kind or a combination thereof; provided, however, that the following shall be transferred in kind: (A) shares of ATI Common Stock, shares of Teledyne Technologies Common Stock allocated to participants' accounts as a result of the Distribution and shares of Water Pik Technologies, Inc. Common Stock allocated to participants' accounts as a result of the spin-off of ATI's consumer business; and (B) all promissory notes reflecting participant loans to Teledyne Technologies Individuals under the Teledyne 401(k) Plan outstanding as of the time of transfer.

Effective Immediately After the Distribution Date and until the earlier. of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000, ATI shall administer or cause the administration of the assets and Benefit Liabilities of the Teledyne 401(k) Plan with respect to both Teledyne employees and Teledyne Technologies Individuals. Teledyne Technologies shall pay to ATI, within thirty days of presentment of an invoice therefor, an amount equal to the actual cost incurred by ATI for administration of the assets and Benefit Liabilities in the Teledyne 401(k) Plan relating to Teledyne Technologies Individuals. Teledyne Technologies Individuals shall continue to accrue service credit under the Teledyne 401(k) Plan for vesting and benefit eligibility purposes until the earlier of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000. Effective as of the earlier of (i) adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000: (A) the Teledyne Technologies 401(k) Plan shall assume and be solely responsible for all Benefit Liabilities to or relating to Teledyne Technologies Individuals under the Teledyne Technologies 401(k) Plan, and (B) ATI shall cause an amount equal to the aggregate account balances of the Teledyne Technologies Individuals participating under the Teledyne 401(k) Plan, whether such amounts are vested or unvested under the terms of the Teledyne 401(k) Plan, which are held by the related trust as of the applicable of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000 (or such other date as may be agreed by ATI and Teledyne Technologies) to be transferred to the Teledyne Technologies 401(k) Plan, and its related trust, 10 14 and Teledyne Technologies shall cause such transferred accounts to be accepted by such plan and trust. In ATI's sole and absolute discretion, the amount so transferred may be in cash or in kind or a combination thereof; provided, however, that the following shall be transferred in kind: (A) shares of ATI Common Stock, shares of Teledyne Technologies Common Stock allocated to participants' accounts as a result of the Distribution and shares of Water Pik Technologies, Inc. Common Stock allocated to participants' accounts as a result of the spin-off of ATI's consumer business; and (B) all promissory notes reflecting participant loans to Teledyne Technologies Individuals under the Teledyne 401(k) Plan outstanding as of the time of transfer.Inc.

Effective Immediately After the Distribution Date and until the earlier. of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000, ATI shall administer or cause the administration of the assets and Benefit Liabilities of the Teledyne 401(k) Plan with respect to both Teledyne employees and Teledyne Technologies Individuals. Teledyne Technologies shall pay to ATI, within thirty days of presentment of an invoice therefor, an amount equal to the actual cost incurred by ATI for administration of the assets and Benefit Liabilities in the Teledyne 401(k) Plan relating to Teledyne Technologies Individuals. Teledyne Technologies Individuals shall continue to accrue service credit under the Teledyne 401(k) Plan for vesting and benefit eligibility purposes until the earlier of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000. Effective as of the earlier of (i) adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000: (A) the Teledyne Technologies 401(k) Plan shall assume and be solely responsible for all Benefit Liabilities to or relating to Teledyne Technologies Individuals under the Teledyne Technologies 401(k) Plan, and (B) ATI shall cause an amount equal to the aggregate account balances of the Teledyne Technologies Individuals participating under the Teledyne 401(k) Plan, whether such amounts are vested or unvested under the terms of the Teledyne 401(k) Plan, which are held by the related trust as of the applicable of (i) the date of adoption by Teledyne Technologies of the Teledyne Technologies 401(k) Plan or (ii) April 1, 2000 (or such other date as may be agreed by ATI and Teledyne Technologies) to be transferred to the Teledyne Technologies 401(k) Plan, and its related trust, 10 14 and Teledyne Technologies shall cause such transferred accounts to be accepted by such plan and trust. In ATI's sole and absolute discretion, the amount so transferred may be in cash or in kind or a combination thereof; provided, however, that the following shall be transferred in kind: (A) shares of ATI Common Stock, shares of Teledyne Technologies Common Stock allocated to participants' accounts as a result of the Distribution and shares of Water Pik Technologies, Inc. Common Stock allocated to participants' accounts as a result of the spin-off of ATI's consumer business; and (B) all promissory notes reflecting participant loans to Teledyne Technologies Individuals under the Teledyne 401(k) Plan outstanding as of the time of transferDistribution Date.