0001193125-22-289156 Sample Contracts

BUYOUT AGREEMENT
Buyout Agreement • November 18th, 2022 • Honeywell International Inc • Aircraft engines & engine parts • Delaware

This Buyout Agreement (the “Agreement”) is made and entered into as of November 18, 2022 (the “Agreement Date”), by and among (i) Honeywell International Inc., a Delaware corporation (“Honeywell”), (ii) the North American Refractories Asbestos Personal Injury Settlement Trust, a Delaware trust (the “NARCO Asbestos Trust”), and, following their execution of this Agreement, (iii) the NARCO Trust Advisory Committee (the “NARCO Asbestos TAC”), and (iv) Lawrence Fitzpatrick, in his capacity as the NARCO Asbestos Future Claimants Representative (the “FCR”) (each upon execution of this Agreement, a “Party” and collectively, the “Parties”).

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