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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/24/10 Raytheon Co 10-K 12/31/09 49:5.9M Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 1.60M 2: EX-10.21 Form of Change in Control Severance Agreement HTML 55K 3: EX-10.22 Form of Change in Control Severance Agreement HTML 55K 4: EX-10.37 Summary of Key Employee Permanent Domestic HTML 24K Relocation Policy 5: EX-10.57 Form of Clawback Policy Acknowledgement HTML 18K 6: EX-10.58 Summary of Executive Severance and Change in HTML 22K Control Guidelines 7: EX-10.59 Amendment Dated February 5, 2010 to Employee Offer HTML 18K Agreement 8: EX-10.60 Form of Amendment to Change in Control Severance HTML 20K Agreement 10: EX-21 Subsidiaries of Raytheon Company HTML 15K 11: EX-23 Consent of Independent Registered Public HTML 16K Accounting Firm 9: EX-12 Statement Regarding Computation of Ratio of HTML 28K Earnings 12: EX-31.1 Certification of William H. Swanson Pursuant to HTML 23K Section 302 13: EX-31.2 Certification of David C. Wajsgras Pursuant to HTML 23K Section 302 14: EX-32.1 Certification of William H. Swanson Pursuant to 18 HTML 18K U.S.C. Section 1350 15: EX-32.2 Certification of David C. Wajsgras Pursuant to 18 HTML 17K U.S.C. Section 1350 40: XML IDEA XML File -- Definitions and References XML 94K 45: XML IDEA XML File -- Filing Summary XML 69K 43: XML.R1 Statement Of Financial Position Classified XML 244K 44: XML.R2 Statement Of Financial Position Classified XML 53K (Parenthetical) 29: XML.R3 Statement Of Income Alternative XML 279K 34: XML.R4 Statement of Income Alternative - Amounts XML 61K Attributable to Raytheon Company Common Stockholders 38: XML.R5 Statement Of Shareholders Equity And Other XML 662K Comprehensive Income 37: XML.R6 Statement Of Cash Flows Indirect XML 381K 48: XML.R7 Summary of Significant Accounting Policies XML 90K 25: XML.R8 Accounting Standards XML 33K 36: XML.R9 Acquisitions XML 29K 24: XML.R10 Discontinued Operations XML 75K 23: XML.R11 Contracts in Process XML 58K 28: XML.R12 Property, Plant and Equipment, Net XML 35K 42: XML.R13 Other Assets, Net XML 62K 30: XML.R14 Derivative Financial Instruments XML 61K 31: XML.R15 Fair Value Measurement XML 64K 35: XML.R16 Notes Payable and Long-term Debt XML 54K 49: XML.R17 Commitments and Contingencies XML 47K 27: XML.R18 Stockholders' Equity XML 93K 22: XML.R19 Stock-based Compensation Plans XML 92K 33: XML.R20 Pension and Other Employee Benefits XML 327K 41: XML.R21 Income Taxes XML 85K 26: XML.R22 Business Segment Reporting XML 187K 39: XML.R23 Quarterly Operating Results (Unaudited) XML 80K 32: XML.R24 Document Information XML 36K 47: XML.R25 Entity Information XML 105K 46: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 138K 16: EX-101.INS XBRL Instance -- rtn-20091231 XML 1.32M 18: EX-101.CAL XBRL Calculations -- rtn-20091231_cal XML 156K 19: EX-101.DEF XBRL Definitions -- rtn-20091231_def XML 318K 20: EX-101.LAB XBRL Labels -- rtn-20091231_lab XML 335K 21: EX-101.PRE XBRL Presentations -- rtn-20091231_pre XML 390K 17: EX-101.SCH XBRL Schema -- rtn-20091231 XSD 54K
Summary of Key Employee Permanent Domestic Relocation Policy |
Exhibit 10.37
SUMMARY OF RAYTHEON COMPANY
KEY EMPLOYEE PERMANENT DOMESTIC RELOCATION POLICY
Raytheon Company (the “Company”) generally provides the following benefits to key employees of the Company when such employees relocate at the request of the Company to a location within the United States. For purposes of this Policy, key employees are defined as employees in exempt salary grades A/E08, A/E09, A99, B99, E44 and E88, which includes the Company’s executive officers.
• | Assistance with the sale of the current residence, including limited reimbursement for improvements and, on a case by case basis, staging and a guaranteed offer facilitated by the Company’s relocation vendor in the event that the employee is unable to sell the current residence. Price is based upon independent appraisals. |
• | Reimbursement of sale and closing expenses (broker’s commissions up to 7% of the sale price, attorney fees up to $1,000 and reasonable closing expenses) up to 14% of the sale price of the current residence. |
• | Reimbursement for duplicate housing expenses (mortgage interest, taxes, insurance, utilities, lawn care, and snow removal) for up to 90 days if the employee has moved into his or her new location while still incurring expenses at the old location. The former residence must be vacant and for sale. If the employee is a renter, the employee is entitled to receive duplicate rental costs for up to 30 days as long as the former residence is vacant and for rent. Additionally, renters can be reimbursed for up to 3 months’ rent for lease cancellation penalties if relocation occurs prior to expiration of lease term. |
• | Assistance in searching for a new residence and reimbursement for two round-trips, for the employee and one adult household member, to search for a new residence, not to exceed ten total days. Covered expenses include round trip, economy class airfare or mileage (wherever practical); compact or mid-sized rental car (if required); meals, lodging (actual and reasonable), gas, parking, and tolls. |
• | Reimbursement for temporary living expenses for one hundred twenty days (or 90 days for a renter) for lodging, meals and incidental expenses, up to a predetermined maximum rate based on the destination, if the employee is required to report for work at the new location or move the employee’s family prior to finding a new permanent residence. Additionally, the Company will cover expenses associated with compact or mid-size car rental until the employee’s personal car arrives at the destination location (if the destination location is within 350 miles, the employee is expected to drive) and a maximum of three (3) trips to the departure location to visit the employee’s family. |
• | Reimbursement of customary and normal buyer’s closing costs in connection with the purchase of a new residence, including: (i) mortgage application fee; (ii) loan origination fee not to exceed 1% of the mortgage amount; (iii) loan discount points; (iv) attorney’s fees up to $1,000; (v) lender’s title insurance; (vi) appraisal fees; (vii) recording fees; (viii) state and local transfer taxes; and (ix) inspections. |
• | 90-day interest free equity bridge loan to be used for earnest money, a down payment, or closing on the purchase of a new home in the new location in the event that the old residence has not been sold. Elected officers are not eligible for this benefit due to the loan prohibition provisions of the Sarbanes-Oxley Act. |
• | Reimbursement on sale of the employee’s current residence, capped at $100,000, if the purchase offer extended to the employee is less than the documented original purchase price for the employee’s residence. |
• | Shipment of household goods and personal effects (and 3 vehicles if distance is greater than 350 miles), for up to 2 locations, including packing, loading, moving and unpacking, up to 60 days of storage and full replacement insurance. |
• | Reimbursement for the employee and authorized dependent(s) for one-way trips to the new location. Reimbursement will be for coach/economy accommodations via air/rail or travel by personal vehicle. Eligible reimbursements include actual and reasonable meal and lodging expenses, incurred en route to the new home. |
• | Miscellaneous expense allowance of up to $5,000, to be used for any miscellaneous expenses incurred that are not specifically addressed by the Policy. |
• | Reimbursement of any higher mortgage interest expense incurred as a result of obtaining a higher interest rate for the purchase of the new residence than the rate on the mortgage for the old residence. Reimbursement is only made for rate differences of between 2% and 5% for up to three years. |
• | Referral of employee’s spouse/partner to a professional outplacement services company to assist in seeking employment in new location, or reimbursement of up to $2,000 for such services. |
• | The Company will provide tax assistance for all relocation costs that are not excludable from an employee’s income except for duplicate housing expenses, home improvement/staging allowances, reimbursement of loss on sale, loan origination fees, home purchase points and expenses with respect to moves that do not satisfy IRS distance requirements. |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/05/24 RTX Corp. 10-K 12/31/23 130:19M 2/07/23 RTX Corp. 10-K 12/31/22 135:23M 2/11/22 RTX Corp. 10-K 12/31/21 138:24M 2/08/21 RTX Corp. 10-K 12/31/20 153:28M |