1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K/A No.1 /X/ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2001. / / Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ............... to .............. Commission File Number 1-13699 RAYTHEON COMPANY (Exact Name of Registrant as Specified in its Charter) DELAWARE 95-1778500 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) Incorporation or Organization) 141 SPRING STREET, LEXINGTON, MASSACHUSETTS 02421 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (781) 862-6600 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, $.01 par value New York Stock Exchange Series B Junior Participating Preferred Chicago Stock Exchange Stock purchase rights Pacific Exchange Equity Security Units New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes .X. No ... Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [ ] The aggregate market value of the voting stock held by non-affiliates of the Registrant, as of February 24, 2002, was approximately $14.9 billion. Number of shares of Common Stock outstanding as of February 24, 2002: 396,744,000. Documents incorporated by reference and made a part of this Form 10-K/A: Portions of Raytheon's Annual Report Part I, Part II, Part IV to Stockholders for the fiscal year ended December 31, 2001. Portions of the Proxy Statement for Part III Raytheon's 2002 Annual Meeting filed with the Commission within 120 days after the close of Raytheon's fiscal year.
2 The sole purpose of this Form 10-K/A is to file an Annual Report for the Registrant's savings and investment plan. Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has caused this amendment to be signed on its behalf by the undersigned, thereunto duly authorized. RAYTHEON COMPANY (REGISTRANT) By: /s/ Neal E. Minahan Neal E. Minahan Senior Vice President and General Counsel Date: June 25, 2002
3 RAYTHEON SAVINGS AND INVESTMENT PLAN FINANCIAL STATEMENTS TO ACCOMPANY 1998 FORM 5500 ANNUAL REPORT OF EMPLOYEE BENEFIT PLAN UNDER ERISA OF 1974 FOR THE YEAR ENDED DECEMBER 31, 2001 The supplemental schedules to the Plan's Form 5500 are not required since the Plan's assets are held in a Master Trust. Accordingly, the Plan administrator must file detailed financial information, including the supplemental schedules, separately with the Department of Labor.
4 Exhibit Index Exhibit No. Description of Documents 23 Consent of Independent Accountants 99.1 Annual Report for the Raytheon Savings and Investment Plan. 99.1a Raytheon Savings and Investment Plan, heretofore filed as an exhibit to the Company's Form 10-K on March 22, 2000, is hereby incorporated by reference. 99.1b Amendment to the Raytheon Savings and Investment Plan Adopting Employers and Special Plan Provisions for Certain Adopting Employers as of January 1, 2000 99.1c Amendment to the Raytheon Savings and Invetment Plan dated October 29, 2001.
5 REPORT OF INDEPENDENT ACCOUNTANTS To the Participants and Administrator of the Raytheon Savings and Investment Plan: In our opinion, the accompanying statements of net assets available for plan benefits and the related statement of changes in net assets available for plan benefits present fairly, in all material respects, the net assets available for plan benefits of the Raytheon Savings and Investment Plan (the "Plan") at December 31, 2001 and December 31, 2000, and the changes in net assets available for plan benefits for the year ended December 31, 2001 in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of the Plan's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with auditing standards generally accepted in the United States of America, which require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. PricewaterhouseCoopers LLP Boston, Massachusetts June 11, 2002
6 RAYTHEON SAVINGS AND INVESTMENT PLAN STATEMENTS OF NET ASSETS AVAILABLE FOR PLAN BENEFITS as of December 31, 2001 and 2000 2001 2000 Assets: Master trust investments: At contract value (Notes B, E and J) Investment contracts $1,571,341,887 $1,420,330,559 Common collective trust - 14,515,437 At fair value (Notes B and J) Registered investment companies 3,272,058,623 3,608,672,695 Common collective trust 687,807,761 792,970,054 Raytheon Company common stock 1,371,843,158 1,250,608,102 Common stock 142,733,881 176,450,641 Participant loans 224,819,938 235,022,632 -------------- -------------- 7,270,605,248 7,498,570,120 -------------- -------------- Receivables: Employer contributions - 4,012,685 Accrued investment income and other receivables 9,605,889 9,966,532 Cash and cash equivalents 102,221,044 78,405,127 -------------- -------------- Total assets 7,382,432,181 7,590,954,464 -------------- -------------- Liabilities: Accrued expenses and other payables 1,777,222 2,719,732 -------------- -------------- Total liabilities 1,777,222 2,719,732 -------------- -------------- Net assets available for plan benefits $7,380,654,959 $7,588,234,732 ============== ============== The accompanying notes are an integral part of the financial statements.
7 RAYTHEON SAVINGS AND INVESTMENT PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS for the year ended December 31, 2001 Additions to net assets attributable to: Investment income (Notes B, E and J): Net depreciation of investments $ (451,709,613) Interest and Dividends 225,927,430 -------------- (225,782,183) Contributions and deferrals: Employee deferrals 436,285,258 Employer contributions 190,177,195 -------------- 626,426,453 -------------- Total additions 400,680,270 -------------- Deductions from net assets attributable to: Distributions to participants 549,125,186 Administrative expenses 392,812 Transfers (Note I) 58,742,045 -------------- Total deductions 608,260,043 -------------- Decrease in net assets (207,579,773) Net assets, beginning of year 7,588,234,732 -------------- Net assets, end of year $7,380,654,959 ============== The accompanying notes are an integral part of the financial statements.
8 RAYTHEON SAVINGS AND INVESTMENT PLAN NOTES TO FINANCIAL STATEMENTS A. Description of Plan: General The following description of the Raytheon Savings and Investment Plan (the "Plan"), provides only general information. Participants should refer to the plan document for a complete description of the Plan's provisions. The Plan is a defined contribution plan covering the majority of employees of Raytheon Company (the "Company"). All employees are immediately eligible to enroll in the Plan on the first day of service, including employees from prior plans. The purpose of the Plan is to provide participants with a tax-effective means of meeting both short and long-term investment objectives. The Plan is intended to be a "qualified cash or deferred arrangement" under the Internal Revenue Code (the "Code"). In addition, effective January 1, 1999, the merger of the Raytheon Stock Ownership Plan ("prior ESOP plan") creates an additional employee stock ownership portion (ESOP) of the Plan. The ESOP is intended to be an employee stock ownership arrangement in compliance with all of the related requirements for a qualified stock bonus plan as defined in the Code. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA). The Plan's investments are held in the Raytheon Company Master Trust for Defined Contribution Plans (the "Master Trust"). The trustee of the Master Trust maintains a separate account reflecting the Plan's equitable share in the Master Trust. Contributions and Deferrals Employees are allowed to defer up to 20% of their compensation to the Plan, except for certain employees from prior plans and certain labor unions who are limited to 17%. Employee contributions, including rollovers are invested based on participant elections. For 2001, the annual employee deferral for a participant cannot exceed $10,500. The Company contributes 100% of the first 4% of compensation that a participant contributes to the Plan. The matching Company contribution is invested directly in the Raytheon Common Stock Fund and must be held in that fund until the beginning of the fifth plan year following the plan year for which the contribution was made or January 1st of the year the employee turns age 55, if earlier. The Company also makes an ESOP contribution equal to one-half of one percent of the participant's compensation. The ESOP portion of the Plan provides for investment, primarily in the Raytheon Company Common Stock Fund; however, as required by the Code, the Plan permits limited diversification after a participant attains age 55 and completes 10 years of plan participation (including participation in the prior ESOP plans). Participants may invest their deferrals in increments of 1% in any combination of thirty-five alternatives. The investment objectives range from investments with an emphasis on preservation of capital to equity investments with an emphasis on capital gains. The underlying investments include cash and equivalents, investment contracts, registered investment companies, common collective trusts, common stock and Raytheon Company stock.
9 Participant Accounts Each participant's account is credited with the participant's contribution, the Company's contribution and an allocation of plan earnings. Plan earnings are allocated based on account balances by investment option. Participant accounts are charged with an allocation of plan expenses. Vesting With the exception of certain union groups, effective January 1, 1999, all employee and employer contributions and earnings thereon are fully and immediately 100% vested for each participant who performs an hour of service on or after January 1, 1999. Forfeitures of the nonvested portions of terminated participants' accounts are used to reduce required contributions of the Company and pay Plan expenses. At December 31, 2001 and 2000, unallocated Plan forfeitures were $5,334,233 and $3,522,216, respectively. During 2001, the total amount of forfeitures from the Plan, relating to contributions made prior to January 1, 2001, was $731,093. Distributions to Participants A participant may withdraw all or a portion of deferrals, employer contributions and related earnings upon attainment of age 59 1/2. For reasons of financial hardship, as defined in the Plan document, a participant may withdraw all or a portion of deferrals. On termination of employment, a participant will receive a lump-sum distribution unless the vested account is valued in excess of $5,000, and the participant elects to defer distribution. A retiree may defer the distribution until April 1st of the year in which the participant reaches age 70-1/2. Effective July 2000, participants who have investments in Raytheon Common Stock may elect to reinvest dividends within the Plan or receive dividends in cash. Any dividends received in cash by participants will be subject to taxes in the year of receipt. In 2001, the Company's Board of Directors declared dividends of $0.80 per share. Of the $8,427,927 in dividends relating to the Plan, approximately $2,375,573 was received in cash by participants who elected the cash payment option. Loans to Participants A participant may borrow against a portion of the balance in the participant's account, subject to certain restrictions. The maximum amount of a loan is the lesser of one-half of the participant's account balance or $50,000. The minimum loan, which may be granted, is $500. The loans are secured by the balance in the participant's account and bear interest equal to the prime rate published in the Wall Street Journal on the first business day in each calendar quarter and such rate will apply to loans which are made at any time during each respective calendar quarter. Loans must be repaid over a period of up to five years by means of payroll deductions. In certain cases, the repayment period may be extended up to 15 years. Interest paid to the Plan on loans to participants is credited to the borrower's account in the investment fund to which repayments are made. Loans are valued at principal outstanding. Administrative Expenses The Plan participants pay substantially all expenses of administering the Plan, such as legal and other administration fees.
10 B. Summary of Significant Accounting Policies The accompanying financial statements are prepared on the accrual basis of accounting. Plan investments are stated at fair value except the Plan's benefit responsive investment contracts which are included in the financial statements at their contract value, defined as net employee contributions plus interest earned on the underlying investments at contracted rates. Investments in registered investment companies and the common collective trust are valued at the closing net asset value reported on the last business day of the year. Investments in securities (common stocks) traded on a national securities exchange are valued at the last reported sales price on the last business day of the year. Cash equivalents are short-term money market instruments and are valued at cost, which approximates fair value. Security transactions are recorded on the trade date. Payables for outstanding purchases represent trades which have occurred but have not yet settled. The Plan presents in the statement of changes in net assets available for plan benefits the net appreciation (depreciation) in the fair value of its investments, which consists of the realized gains or losses and the unrealized appreciation (depreciation) on those investments. Dividend income is recorded on the ex-dividend date. Income from other investments is recorded as earned on an accrual basis. Investment income includes both dividends and interest income. Benefits are recorded when paid. The preparation of financial statements in conformity with generally accepted accounting principles, requires the Plan administrator to make estimates and assumptions that affect the reported amounts of net assets and liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from the estimates included in the financial statements. The Plan provides for various investment options in any combination of stocks, fixed income securities, mutual funds and other investment securities. Investment securities are exposed to various risks, such as interest rate, market and credit risk. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risks in the near term would materially affect participants' account balances and the amounts reported in the statement of net assets available for plan benefits and the statement of changes in net assets available for plan benefits.
11 C. Investments The following presents investments that represent 5 percent or more of the Plan's net assets: December 31, 2001 2000 Raytheon Common Stock fund** $1,371,843,158 $1,250,608,102 Fidelity Equity Income fund 915,693,447 1,049,363,041 BT Pyramid Equity Index fund 657,496,448 792,970,054 Deutsche Bank AG GIC 550,004,055 497,146,897 Fidelity Magellan fund 549,753,503 651,972,218 Fidelity Blue Chip fund 440,260,794 572,226,613 Fidelity Balanced fund 377,111,839 388,440,429 Vanguard Primecap fund 334,976,479 429,824,496 ** Amount is made up of both participant and non-participant directed amounts. During the year ended December 31, 2001 the Plan's investments (including gains and losses on investments bought and sold, as well as held during the year) depreciated in value by $451,709,613 as follows: Registered investment companies $ (380,641,554) Common collective trusts (91,956,188) Raytheon Company common stock 75,470,968 Common stock (54,582,839) --------------- $ (451,709,613) =============== D. Nonparticipant-Directed Investments Information about the net assets and the significant components of the changes in net assets relating to the nonparticipant-directed investments is as follows: December 31, 2001 2000 Net assets: Raytheon Company common stock $ 628,755,464 $ 457,991,760 Cash and cash equivalents 5,260,257 4,400,304 -------------- -------------- $ 634,015,721 $ 462,392,064 ============== ============== December 31, 2001 Changes in net assets: Contributions $ 190,177,195 Interest and dividends 14,501,280 Net appreciation of investments 29,750,853 Distribution to participants (33,568,814) Administrative expenses (224,380) Net transfers to other investments (29,012,477) -------------- $ 171,623,657 ==============
12 E. Investment Contracts Investments include collateralized fixed income investment portfolios commonly referred to as Synthetic Guaranteed Investment Contracts and short-term investments, which are managed by investment management firms. The assets underlying the investment contracts are owned by the Plan and are maintained by the investment management firms. The accounts are credited with earnings on the underlying investments and charged for participant withdrawals and administrative expenses. The contracts are included in the financial statements at contract values as reported to the Plan by the insurance companies. Contract value represents contributions made under the contracts, plus earnings, less participant withdrawals and administrative expenses. The Plan utilizes a benefit responsive wrapper contract issued by a third party that provides market and cash flow risk protection to the Plan. The value of the wrapper is the difference between the fair value of the underlying assets and the contract value. At December 31, 2001, the value of the wrapper was $35,730,515. Participants may direct the withdrawals or transfer of all or a portion of their investment at contract value with limited restrictions related to transferring funds out into a competing fund investment option. Due to the high creditworthiness of the contract issuer, there is no valuation reserve to adjust contract amount. The crediting interest rates are adjusted quarterly to reflect the experienced and anticipated yields to be earned on such investments, based on their book value. The average yield and crediting interest rates were as follows: Crediting Average interest yield rate For the year ended December 31, 2001: Chase Manhattan Bank (429666) 6.29% 6.00% Deutsche Bank AG (FID-RAY-1) 6.20% 5.90% State Street Bank and Trust (99054) 6.30% 6.00% Westdeutsche Landesbank (WLB6173) 6.14% 6.00% For the year ended December 31, 2000: Chase Manhattan Bank (429666) 5.79% 5.99% Deutsche Bank AG (FID-RAY-1) 5.69% 5.89% Fidelity IPL (633-GCDC) 5.94% 6.10% Fidelity STIF 5.90% 6.48% State Street Bank and Trust (99054) 5.80% 6.00% Westdeutsche Landesbank (WLB6173) 5.79% 5.99% F. Federal Income Tax Status The Internal Revenue Service has determined and informed the Company by letter dated July 1995 that the Plan and related trust are designed in accordance with applicable sections of the Code. The Plan has been amended and restated since receiving the determination letter. However, the Plan administrator and the Plan's legal counsel believe that the Plan is currently designed and being operated in compliance with applicable requirements of the Code.
13 G. Plan Termination Although it has not expressed any intention to do so, the Company reserves the right under the Plan at any time to discontinue its contributions and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, after payment of all expenses and proportional adjustment of accounts to reflect such expenses, fund losses or profits, and reallocations, each participant shall be entitled to receive all amounts then credited to his or her account. H. Related Party Transactions The Plan's trustee is Fidelity Management Trust Company (the "Trustee"). Certain Plan investments are shares of mutual funds managed by the Trustee and therefore, these transactions qualify as party-in-interest. In accordance with the provisions of the Plan, the Trustee acts as the Plan's agent for purchases and sales of shares of Raytheon Company common stock. These transactions are performed on a Master Trust level. For the Master Trust, purchases amounted to $558,865,056 and sales amounted to $475,045,020 for the year ended December 31, 2001. I. Transfers Transfers include transfers of participant accounts, individually and/or in-groups, between the Plan and similar savings plans of other companies for those participants who changed companies during the year. In 2001, the Company sold Raytheon Aerospace to Veritas Capital retaining a 30% interest in Aerospace. Effective August 1, 2001 all the participants in the Plan were transferred to the Aerospace 401k plan. Transferred funds totaled $58,742,045.
14 J. Master Trust The following is a summary of net assets available for plan benefits by Plan under the Master Trust as of December 31, 2001: Raytheon Raytheon Defined Savings and Contribution Investment Master Plan Trust Assets: Master trust investments: At contract value: Investment contracts $1,571,341,887 $1,571,341,887 At fair value: Registered investment companies 3,272,058,623 3,272,058,623 Common collective trust 687,807,761 687,807,761 Raytheon Company common stock 1,371,843,158 1,371,843,158 Common stock 142,733,881 142,733,881 Participant loans 224,819,938 224,819,938 -------------- -------------- Total investments 7,270,605,248 7,270,605,248 -------------- -------------- Receivables: Accrued investment income and other receivables 9,605,889 9,605,889 Cash and cash equivalents 102,221,044 102,221,044 -------------- -------------- Total assets 7,382,432,181 7,382,432,181 -------------- -------------- Liabilities: Accrued expenses and other payables 1,777,222 1,777,222 -------------- -------------- Total liabilities 1,777,222 1,777,222 -------------- -------------- Net assets available for plan benefits $7,380,654,959 $7,380,654,959 ============== ============== Percentage of total trust assets 100% 100%
15 The following is a summary of net assets available for plan benefits by Plan under the Master Trust as of December 31, 2000: Raytheon Defined Savings and Contribution Investment Master Plan Trust Assets: Master trust investments: At contract value: Investment contracts $1,420,330,559 $1,420,330,559 Common collective trust 14,515,437 14,515,437 At fair value: Registered investment companies 3,608,672,695 3,608,672,695 Common collective trust 792,970,054 792,970,054 Raytheon Company common stock 1,250,608,102 1,250,608,102 Common stock 176,450,641 176,450,641 Participant loans 235,022,632 235,022,632 --------------- -------------- Total investments 7,498,570,120 7,498,570,120 --------------- -------------- Receivables: Employer contributions 4,012,685 4,012,685 Accrued investment income and other receivable 9,966,532 9,966,532 Cash and cash equivalents 78,405,127 78,405,127 --------------- -------------- Total assets 7,590,954,464 7,590,954,464 --------------- -------------- Liabilities: Accrued expenses and other payables 2,719,732 2,719,732 --------------- -------------- Total liabilities 2,719,732 2,719,732 --------------- -------------- Net assets available for plan benefits $7,588,234,732 $7,588,234,732 =============== ============== Percentage of total trust assets 100% 100%
16 The following is a summary of net assets available for plan benefits by Plan under the Master Trust as of December 31, 2001: Raytheon Raytheon Defined Savings and Contribution Investment Master Plan Trust Investment income: Interest and dividends $ 225,927,430 $ 225,927,430 Net appreciation/ (depreciation) Registered investment companies (380,641,554) (380,641,554) Common collective trust (91,956,188) (91,956,188) Raytheon Company common stock 75,470,968 75,470,968 Common stock (54,582,839) (54,582,839) ------------- ------------- (451,709,613) (451,709,613) ------------- ------------- Total investment loss $(225,782,183) $(225,782,183) ============= =============
17 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Raytheon Employee Savings and Investment Plan has duly caused this annual report to be signed by the undersigned thereunto duly authorized. RAYTHEON EMPLOYEE SAVINGS AND INVESTMENT PLAN By: /s/ Keith J. Peden Keith J. Peden Senior Vice President - Human Resources June 27, 2002
Exhibit 23
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Registration
Statements on Form S-3 (File Nos. 333-85648, 333-71974, 333-58474 and
333-82529), Form S-4 (File Nos. 333-40646 and 333-78219) and Form S-8 (File Nos.
333-56117, 333-52536, 333-45629 and 333-64168) of Raytheon Company of our report
dated June 11, 2002 relating to the financial statements of the Raytheon Savings
and Investment Plan, which appears in this Form 10-K/A.
/s/ PricewaterhouseCoopers
PricewaterhouseCoopers
Boston, Massachusetts
June 11, 2002
Exhibit 99.1b RAYTHEON COMPANY AMENDMENT TO THE RAYTHEON SAVINGS AND INVESTMENT PLAN In accordance with the authority vested in the Senior Vice President, Human Resources, of Raytheon Company by a Vote of the Board of Directors and delegated to the Vice President and Deputy Director Human Resources, to amend the defined benefit and defined contribution plans sponsored by Raytheon Company and to approve participating companies in the plans, the Raytheon Savings and Investment Plan is hereby amended in the following respects: 1. Article V, Section 5.1(b), is hereby revised to read as follows (added language in bold type; deleted language interlined): (b) Except as otherwise determined by the Administrator or provided herein, Matching Contributions made with respect to Plan Years beginning on and after January 1, 1999 must be invested in Common Stock until the beginning of the fifth (5th) Plan Year following the Plan Year for which such contributions are made. Thereafter, a Participant may designate the investment of the Matching Contribution funds in accordance with the provision of subsection (a) above. Notwithstanding the preceding sentences in this subsection (b) and except as otherwise provided below, the five-year restriction prescribed in this subsection (b) shall not apply (i) following a Participant's Severance from Service other than on account of a Layoff, (ii) effective on and after February 1, 2001, while a Participant is on a Layoff, or (iii) on or after January 1 of the calendar year in which a Participant attains age 55. If a Participant or former Participant is reemployed with an Employer following a Severance from Service, including a Layoff, the five-year restriction prescribed in this subsection (b) shall apply with respect to any Matching Contributions made on and after such reemployment and with respect to any Matching Contributions made before such reemployment that are invested in Common Stock as of the date of reemployment. 2. Article V, Section 5.1(c) is hereby amended by adding the following language to the end thereof: "Notwithstanding the first sentence in this subsection (c) and except as otherwise provided herein, the investment restrictions prescribed in this subsection (c) shall not apply (i) following a Participant's Severance from Service other than on account of a Layoff or (ii) effective on and after February 1, 2001, while a Participant is on a Layoff. If a Participant or former Participant is reemployed with an Employer following a Severance from Service, including a Layoff, the investment restrictions otherwise prescribed in this subsection (c) shall apply to any ESOP Contributions made on and after such reemployment and with respect to any ESOP Contributions made before
-2- such reemployment that are invested in Common Stock as of the date of reemployment." 3. Article VIII is amended, effective February 1, 2001, by adding the following new Section 8.7(j) to the end thereof: (j) Except as otherwise provided in a Qualified Domestic Relations Order, all distributions to an Alternate Payee shall commence within a reasonable period of time following the determination that the Domestic Relations Order is a Qualified Domestic Relations Order. 4. Exhibit A to the Plan is amended effective as provided therein to reflect changes in the provisions applicable to certain eligible groups. Attached hereto is a revised Exhibit A which reflect those changes (the changes appear in bold type). /s/ Keith J. Peden --------------------------------- Keith J. Peden Vice President and Deputy Director Human Resources Dated at Lexinton, Massachusetts March 8, 2001
3 EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior Expiration Union Eligible Group Matching or Employer Compensation Eligibility to 1/1/99 or Date Date Code Contributions Code Shown ==================================================================================================================================== RAYTHEON AIRCRAFT HOLDINGS, INC (EXCLUDING RAYTHEON AEROSPACE SUPPORT SERVICES) ==================================================================================================================================== Salaried & Non-Union Hourly Standard Standard E - ------------------------------------------------------------------------------------------------------------------------------------ exp. 8/4/01 Z IAM Lodge 733 (Aircraft-Wichita, KS) Match. Cont. Formula A-- Base Pay H 6% match in case @ 50% (see below) max 3% - ------------------------------------------------------------------------------------------------------------------------------------ exp. 8/4/01 Y IAM Lodge 2328 (Aircraft-Wichita, KS) Match. Cont. Formula A-- Base Pay H 6% match in case @ 50% (see below) max 5% ==================================================================================================================================== RAYTHEON AEROSPACE SUPPORT SERVICES, INC. ==================================================================================================================================== 11/1/1999 exp. 5/19/02 X IAM, Lodge 2777 (T-34/44) [NAS Whiting Emp. Cont. Formula B--3% Standard E Field, FL (RASSC)] - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 NAS Whiting Field, FL (RASSC) - Non- Emp. Cont. Formula D--4% Standard E Union up to $500/yr. - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 exp. 7/16/02 X IAM, Lodge 2777 (UNFO) [NAS Emp. Cont. Formula B--3% Standard E Pensacola, FL (RASSC)] - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 Pensacola, FL Emp. Cont. Formula B--3% Standard E - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 exp. 9/8/02 W IAM, District Lodge 142 [US Customs, Emp. Cont. Formula D-- Standard E Miami, FL (RASSC)] 1.75% up to $400/yr. - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 US Customs, (RASSC) - Non-Union Ees. Emp. Cont. Formula D-- Standard E 1.75% up to $400/yr. - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 exp. 5/20/01 V IAM, Lodge 2916 [NAS Corpus Christi, Emp. Cont. Formula B--3% Standard E TX (RASSC)] - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 Corpus Christi, TX Emp. Cont. Formula B--3% Standard E - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 exp. 7/23/01 U IBT, Local 533 [NAS Fallon, NV Emp. Cont. Formula B--3% Standard E (RASSC)] - ------------------------------------------------------------------------------------------------------------------------------------ 10/1/2000 exp. 4/12/03 S AETC Contract IAM 2771, Sheppard Emp. Cont. Formula B--3% Standard E AFB TX - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 Drug Enforcement Agency Contract, Emp. Cont. Formula D-- Standard E Ft. Worth 1.75% up to $400/yr. - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 Wright-Patterson AFB, TX Emp. Cont. Formula D-- Standard E 1.75% up to $400/yr. - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 AETC contract Satellite sites (RASSC) Emp. Cont. Formula D-- Standard E non-union 1.75% up to no cap - ------------------------------------------------------------------------------------------------------------------------------------ 7/1/2000 Moody AFB, GA (RASSC) non union, non Emp. Cont. Formula D-- Standard E ex., & hrly. 1.75% up to $400/yr. - ------------------------------------------------------------------------------------------------------------------------------------ 7/1/2000 Moody AFB, GA non-union salary Exempt Emp. Cont. Formula B--3% Standard E - ------------------------------------------------------------------------------------------------------------------------------------ 11/1/1999 exp. 2/26/03 Q IAM Lodge 2777 (TH-57) NAS Whiting Emp. Cont. Formula B--3% Standard E Field, FL - ------------------------------------------------------------------------------------------------------------------------------------ 7/26/2000 O IAM T-34 NAS Oceana, VA Emp. Cont. Formula B--3% Standard E - ------------------------------------------------------------------------------------------------------------------------------------ RAYTHEON COMPANY ==================================================================================================================================== - ---------------------------------------------------------------------------------------------------------- Effective Prior Vesting Maximum Effective Maximum Match ESOP to 1/1/99 or Date Deferral After-Tax Source Contribution Shown ========================================================================================================== ========================================================================================================== Standard Standard Standard 20 Standard - --------------------------------------------------------------------------------------------------------- Vesting Schedule 17% NO 3 Yes - Sp. Elig. (see below) (see below) - --------------------------------------------------------------------------------------------------------- Vesting Schedule 17% NO 3 Yes - Sp. Elig. see below) (see below) ========================================================================================================= ========================================================================================================= 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 10/1/2000 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 7/1/2000 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 7/1/2000 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 11/1/1999 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- 7/26/2000 Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------- ========================================================================================================= Page 1
EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior Expiration Union Matching or Employer Compensation to 1/1/99 or Date Date Code Eligible Group Contributions Shown ==================================================================================================================================== exp 10/1/00 H10 IAMAW, Local 2793 No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 H11 IAMAW, District Lodge 74 No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp. 9/30/02 H12 IUOE Local 547 No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 H9 IAM, Local 850 No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ eff 9/1/00 H15 IBEW 553, Fort Bragg, NC No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ eff 10/1/00 H16 IAMAW, Vandenburg Standard Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 10/1/00 H17 IAMAW, Hawaii Standard Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 10/1/00 H18 Teamsters, Guam Standard Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 10/1/00 H19 Teamsters, Hawaii Standard Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp. 3/30/00 R9 IBEW Local 2088 Emp. Cont. Formula E--4% Standard of Base Pay post 4/22/96-- 7% of Base Pay pre 4/22/96 - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RA IBEW, Local 340 Emp. Cont. Formula A--DC Base pay $.90/hr. (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RJ IBEW, Local 223 Emp. Cont. Formula A--DC Base pay $.98/hr. (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RM IBT, Local 639 No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RN IBEW, Local 898 Emp. Cont. Formula A--DC Base pay $.70/hr. (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RR IAM, Dist Lodge 131 Emp. Cont. Formula A--DC Base pay $.65/hr. (see below) - ------------------------------------------------------------------------------------------------------------------------------------ RTK RSTX - Benefits Flexserve No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTM Trng and Svcs 20% Pricing No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTN Trng and Svcs 20% Pricing No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ RVR ISDD OSMP Russia No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RW IBEW, Local 2131 (Full-Time) No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RW2 IBEW, Local 2131 (Part-Time) No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ RWP Exempt at Wright-Patterson AFB No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RX IBEW, Local 2131(X) No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 11/30/02 RZ ITPE District 5 No contribution Base pay (see below) - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 S01 SCA - Annapolis Jnct, MD NASA Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S02 SCA - CISF & SSPARS Colo Spgs Emp. Cont. Formula A--DC Standard $.40/hr. - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 S03 SCA - Marshall Space Flt Ctr Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------- Effective Prior Eligibility Maximum Elective Maximum Match ESOP to 1/1/99 or Date Code Vesting Deferral After-Tax Source Contribution Shown ========================================================================================================================= E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- eff 9/1/00 E Standard 17% NO 5 YES - ------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 E Standard Standard Standard 20 NO - ------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 E Standard Standard Standard 20 NO - ------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 E Standard Standard Standard 20 NO - ------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 E Standard Standard Standard 20 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 15% NO 5 YES - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard :17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard NO 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------------------------------------- Page 2
EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior Expiration Union Matching or Employer Compensation to 1/1/99 or Date Date Code Eligible Group Contributions Shown ==================================================================================================================================== S04 SCA - ROTHR Chesapeake, VA Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S05 SCA - ROTHR Freer, TX Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S06 SCA - ROTHR Kingsville, TX Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S07 SCA - ROTHR New Kent, VA Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S08 SCA - SEI & IATC Emp. Cont. Formula A--DC Standard $.40/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S09 SCA - Shemya, AK No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S10 SCA - O&M Richardson, TX No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S11 SCA - AUTEC W. Palm Beach No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 S12 SCA - Englewood, CO PMEL PO Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S13 SCA - FAA Depot Oklahoma City Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S14 SCA - McClellan AFB, CA PMEL Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S15 SCA - NASA Langley, VA Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S16 SCA - Onizuka AFS, CA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S17 SCA - TROJAN Emp. Cont. Formula A--DC Standard $.10/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S18 SCA - TSSC Washngton, DC No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S19 SCA - Warren, MI No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S20 SCA - Wright Patterson AFB, OH No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S21 SCA - Lexington Depot, KY No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 S22 SCA - SSPARS Cape Code AFS, MA Emp. Cont. Formula A--DC Standard $.98/hr. - ------------------------------------------------------------------------------------------------------------------------------------ S23 Mobile Sensors - Florida No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S24 SCA - Poulsbo, WA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S25 C-130H2 Weapons Systems No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S26 SCA -C-141 Aerial Refueling OK No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S27 SCA -C-141 Aerial Refuling NJ No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S28 SCA -C141 Aerial Refueling WA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S29 SCA -C141 Aerial Refueling CA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S30 SCA - Flight Crew Training OK No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S31 SCA - E6 M:aintenance Trnrs OK No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S32 SCA - F/A-18 Flight Trnrs SC No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S33 SCA - F/A-18 Flight Trnrs CA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S34 SCA - F-14 COMS VA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S35 SCA - F-15 Trng Devices AK No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/00 S36 SCA - F-15 Trng Devices VA No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S37 SCA - F-15 Trng Devices NC No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ S38 SCA - F-16 Air Defense MN No contribution Standard - ------------------------------------------------------------------------------------------------------------------------------------ - ---------------------------------------------------------------------------------------------------------------------------- Effective Prior Eligibility Maximum Elective Maximum Match ESOP to 1/1/99 or Date Code Vesting Deferral After-Tax Source Contribution Shown ============================================================================================================================ E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard 17% NO 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - --------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - ---------------------------------------------------------------------------------------------------------------------------- Page 3
EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - ----------------------------------------------------------------------------------------------------------------------------------- Effective Prior Expiration Union Eligible Group Matching or Employer Compensation Eligibility Vesting to 1/1/99 or Date Code Contributions Code Date Shown =================================================================================================================================== S39 SCA - F-16 Air Defense OR No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S40 SCA - F-16 Air Defense ND No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S41 SCA - F-16 CLS/TSSC AK No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S42 SCA - F-16 CLS/TSSC AZ No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S43 SCA - F-16 Sim Aircraft TX No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S44 SCA - KC-10 Aircrew Trng TX No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S45 SCA - KC-10 Aircrew Trng NJ No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 S46 SCA - KC-10 Aircrew Trng CA No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S47 SCA - MCAS V-22 NC No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S48 SCA - P-3 COMS HI No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S49 SCA - T45 FY98 CMSP TX No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S50 SCA - T45 FY96 Prod MS No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S51 SCA - BMTA OK&TX No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S52 SCA - BMTA AS&KS No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S53 SCA - BMTA GA/PA/NE No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S54 SCA - BMTA IL No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S55 SCA - BMTA KY No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S56 SCA BMTA HI No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S57 SCA - BMTA AK No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S58 SCA - BMTA AZ No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S59 SCA - BMTA AL No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S60 SCA - BMTA MA No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S61 SCA - CTC LA/TX No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S62 SCA - CTC CA No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S64 SCA - SURTASS VA No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S65 SCA - SURTASS HI No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S66 SCA - E-6 Flight Crew Trng OK No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S67 SCA - CSEF OH No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S68 SCA - Project H265 NV No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S69 SCA - B-2 CLS MO No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S70 SCA - FORSCOM No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S71 SCA - KC135 Omaha, NE No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S72 SCA - ROTHR Puerto Rico No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S74 SCA - Ft. Stewart GA No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S75 SCA - Ft. Carson CO No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- S76 SCA - Ft. Benning GA No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 S78 SCA - Guam No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 S79 SCA - Vandenburg AFB No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 10/1/00 S80 SCA - Hawaii No contribution Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 1/1/99 exp 4/14/00 263 SPFPA, Local 263 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 7/1/99 exp 4/11/04 298 UAW, Local 298 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 4/1/99 exp 2/16/03 848 UAW, Local 848 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 1/1/99 exp 8/19/01 967 UAW, Local 967 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 1/1/99 exp 8/26/00 R1 IBEW, Local 1505 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 1/1/99 exp 12/2/00 R2 IAM, Lodge 1836 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 6/1/99 exp 2/16/00 R3 Raytheon Guards Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- eff 6/1/99 exp 3/9/00 R4 IUPPE, Local 84 Standard Standard E Standard - ----------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------- Effective Prior Maximum Elective Maximum Match ESOP to 1/1/99 or Deferral After-Tax Source Contribution Date Shown ===================================================================== Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- Standard Standard 5 NO - --------------------------------------------------------------------- eff 10/1/00 Standard Standard 5 NO - --------------------------------------------------------------------- eff 10/1/00 Standard Standard 5 NO - --------------------------------------------------------------------- eff 10/1/00 Standard Standard 5 NO - --------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 7/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 4/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 6/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- eff 6/1/99 Standard Standard 20 Standard - --------------------------------------------------------------------- Page 4
6/18/2002 EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adoption Employers As of January 1, 2000 (unless indicated otherwise) - ------------------------------------------------------------------------------------------------------------------------------------ Effective Expiration Union Eligible Group Matching or Employer Compensation Eligibility Vesting Prior to Date Code Contributions Code 1/1/99 or Date Shown ==================================================================================================================================== R8 IBEW "A", Local 1505 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 4/1/99 exp 3/3/01 RG IAM, Lodge 587 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ exp 8/31/01 A1 IAM, LOCAL 1561 Match. Cont. Basepay H Vesting Formula A-- (see below) schedule 6% match in cash (see below) @ 50% max 3% - ------------------------------------------------------------------------------------------------------------------------------------ exp 7/31/00 A2 SPFPA, Local 270 Match. Cont. Basepay H Vesting Formula A-- (see below) schedule 6% match in cash (see below) @ 50% max 3% - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 10/1/00 H8 IAM, Local 156 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ HD Hourly Non-Union (EAST rules) Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 2/1/99 exp 10/1/00 HZ IAM, Lodge 2003 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ NU1 GVL Fire & Guards (Not Union) Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ R0 NU Salaried Exempt &Non-exempt Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ R01 T&S Executives Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ R6 Hourly Non-Union Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RGC Global Command Comm. Systems Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RHC HITC Non-Pension Eligible Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RIS Identification Sys Non-Union Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTA T&S Unified Plan Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTB T&S Unified Plan Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTC Training Operations Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTD T&S Unified Plan 2 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTE Training/Data Systems/Commercl Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTF T&S Unified Plan Non Pension Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTG Training Regular Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTH T&S Unified Plan B Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTI RSTX Senior Leadership Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTJ RSTX Standard Benefits Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTL Trng and Svcs 20% Pricing Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RTO Trng and Svcs 20% Pricing Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 4/1/00 RTP Polar Services No contribution Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RU Teamsters Local 769 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ RVS Lexington Depot Non-Corp Flex Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ STC State College - Declass Proj Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ H5 NAPI Hourly Non-Union Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ H6 Highland Park Hourly Non-Union Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ HG AFG Hourly Guards Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ HH Hourly Non-Bargaining Guards Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 4/12/05 HB AFGE, Local 1744 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 4/27/02 HK IBEW, Local 2295 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 4/30/00 HL PACE, Local 6-0254 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 8/25/02 HQ IAM, Lodge 830 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 10/25/99 HY IAM, Lodge 725 (AML 1125) Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff. 1/1/99 exp. 6/4/02 RB EAST, Local 1553 (Chula Vista) Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 10/19/01 HC EAST, Local 1553 (LA, CA area) Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ eff 11/1/99 exp 10/27/03 H1 IAM, Lodge 933 Standard Standard E Standard - ------------------------------------------------------------------------------------------------------------------------------------ Effective Maximum Elective Maximum Match ESOP Prior to Deferral After-Tax Source Contribution 1/1/99 or Date Shown =================================================================================== Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 4/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- 17% NO 3 NO - ----------------------------------------------------------------------------------- 17% NO 3 NO - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 NO - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 2/1/99 Standard Standard 20 NO - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 4/1/00 Standard Standard 5 NO - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff. 1/1/99 Standard Standard 5 Standard - ----------------------------------------------------------------------------------- eff 1/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- eff 11/1/99 Standard Standard 20 Standard - ----------------------------------------------------------------------------------- Page 5
6/18/2002 EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - --------------------------------------------------------------------------------------------------------------------------------- Effective Prior Expiration Union Eligible Group Matching or Employer Compensation to 1/1/99 or Date Date Code Contributions Shown ================================================================================================================================= eff 7/1/00 H2 SPFPA 823, Tucson (HMSC) Guards Standard Standard - --------------------------------------------------------------------------------------------------------------------------------- eff. 7/1/00 exp 2/10/00 H3 IAM, Lodge 940 Tucson Firefighters Standard Standard - --------------------------------------------------------------------------------------------------------------------------------- eff 3/26/00 exo, 4/12/00 H4 IAM, Lodge 933, HE Microwave Standard Standard - --------------------------------------------------------------------------------------------------------------------------------- RSE/RSN S Spars PAVE PAWS III Emp. Cont. Formula A-- Standard $0.65/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- S Spars PAVE PAWS IV Emp. Cont. Formula A-- Standard $0.70/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- NASA Logistics Emp. Cont. Formula C-- Standard 2.5% of Base Pay - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA Onizuka AFS Emp. Cont. Formula A-- Standard $0.33/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 RSE S Spars PAVE PAWS I No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 RSE S Spars PAVE PAWS II Emp. Cont. Formula A-- Standard $0.90/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 RSE Non-SCA SSPARS Thule, Greenland No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 RSE Non-SCA SSPARS Fylingsdale, UK No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 RSE Non-SCA SSPARS Emp. Cont. Formula A-- Standard $0.98/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- exp 10/1/00 RSE Michigan Base Support Emp. Cont. Formula A-- Standard $0.16/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA PMEL-McClellan AFB Emp. Cont. Formula A-- Standard $0.10/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA COBRA DANE-Shemya, AK No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA TACOM-Warren,MI No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA SEI Emp. Cont. Formula A-- Standard $0.60/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA TROJAN Emp. Cont. Formula A-- Standard $0.10/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA IATC Emp. Cont. Formula A-- Standard $0.60/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA STARS & DASR Emp. Cont. Formula A-- Standard $0.60/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA NASA -Langley,VA Emp. Cont. Formula A-- Standard $0.10/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA CISF Emp. Cont. Formula A-- Standard $0.10/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA Marshall Space Flight Center- Emp. Cont. Formula A-- Standard Huntsville, AL $0.10/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- RSSC Pave Paws/RSSC CDSM Dept.8731,8734 No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- RSSC Pave Paws/RSSC CDSM Dept 8738,8796 Emp. Cont. Formula A-- Standard $0.10/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA Onizuka AFS Emp. Cont. Formula A-- Standard $0.33/Scheduled hr - --------------------------------------------------------------------------------------------------------------------------------- Non-SCA AUTEC-West Palm Beach,FL No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- IRE/RSES Category B No contribution Standard - --------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------- Eligibility Vesting Maximum Elective Maximum Match ESOP Code Deferral After-Tax Source Contribution ======================================================================================================== E Standard Standard Standard 20 Standard - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 20 Standard - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 20 Standard - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- E Standard Standard Standard 5 NO - -------------------------------------------------------------------------------------------------------- Page 6
EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) Effective Prior Expiration Union Eligible Group Matching or Employer Compensation Eligibility to 1/1/99 or Date Date Code Contributions Code Shown ==================================================================================================================================== KLS/RSES Category B No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ KLS/RSES Category C No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ KLS/RSES Category D No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ AUTEC/RSES No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ Salaried Exempt w/Unique Benefits No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TSSC Full-Time Emp. Cont. Formula A-- Standard E $0.60/Scheduled hr - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA NASA Logistics-Annapolis Emp. Cont. Formula C-- Standard E Jct,MD 2.5% of Base Pay - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA Norfolk,VA Emp. Cont. Formula A-- Standard E $0.10/Scheduled hr - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA EFOGM- No contribution Standard E Huntsville,AL Dept.8795 - ------------------------------------------------------------------------------------------------------------------------------------ Huntsville,AL Dept.8138, 8140 Emp. Cont. Formula A-- Standard E $0.10/Scheduled hr - ------------------------------------------------------------------------------------------------------------------------------------ Mobile Sensors Dept. 8139 Emp. Cont. Formula C--4% Standard E of Base Pay - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TSSC Part-Time No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TSSC Part-Time No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA Chula Vista, CA No contribution Standard E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA CCS MK II-Portsmouth RI & No contribution Standard E Norfolk,VA - ------------------------------------------------------------------------------------------------------------------------------------ eff 4/1/00 RTT-Union Emp. Cont. Formula B--3% Standard - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA STARS & DASR Emp. Cont. Formula A-- E $0.40/Scheduled hr - ------------------------------------------------------------------------------------------------------------------------------------ Vesting Maximum Elective Maximum Match ESOP Deferral After-Tax Source Contribution ======================================================================= Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Standard Standard Standard Standard - ---------------------------------------------------------------------- Standard Standard Standard 5 NO - ---------------------------------------------------------------------- Page 7
EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - ------------------------------------------------------------------------------------------------------------------------------- Effective Prior Expiration Union Eligible Group Matching or Employer Compensation Eligibility to 1/1/99 or Date Code Contributions Code Date Shown =============================================================================================================================== RAYTHEON ENGINEERS & CONSTRUCTORS =============================================================================================================================== (RUST CONSTRUCTORS, INC.) =============================================================================================================================== * Salaried EX, NE Standard Standard E - ------------------------------------------------------------------------------------------------------------------------------- * USW, Local 7665 (Standard Havens, MO) H - ------------------------------------------------------------------------------------------------------------------------------- * IBEW, Local 453 (Ft. Leonard Wood, Emp. Cont. Formula A - Base Pay E MO) $0.15/hr. (10/1/98) (see below) H $0.20/hr. (10/1/99) - ------------------------------------------------------------------------------------------------------------------------------- * Springfield, MO -- Non-Union H Match. Cont. Formula C - Standard E 100% of 1st 4.5% - ------------------------------------------------------------------------------------------------------------------------------- 36161 * 3M DECATUR H Match. Cont. Formula A - Standard E 50% of 1st 6% of pay - ------------------------------------------------------------------------------------------------------------------------------- 36161 * Hexcel Decatur H Match. Cont. Formula A - Standard E 50% of 1st 6% of pay - ------------------------------------------------------------------------------------------------------------------------------- 36161 * NSI Grenada, MA H Match. Cont. Formula A - Standard E 50% of 1st 6% of pay - ------------------------------------------------------------------------------------------------------------------------------- 36214 * Republic Paper H Standard Standard E - ------------------------------------------------------------------------------------------------------------------------------- * J. D. Irving H Match. Cont. Formula A - Standard E 50% of 1st 6% of pay - ------------------------------------------------------------------------------------------------------------------------------- * Non-Union Hourly--Rust Constructors No contribution Standard E H - ------------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------- Effective Prior Vesting Maximum Elective Maximum Match ESOP to 1/1/99 or Deferral After-Tax Source Contribution Date Shown =========================================================================================== =========================================================================================== =========================================================================================== Standard Standard Standard 20 Standard - ------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------- Standard 17% NO 5 NO - ------------------------------------------------------------------------------------------- Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- 36161 Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- 36161 Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- 36161 Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- 36214 Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- Standard Standard Standard 5 NO - ------------------------------------------------------------------------------------------- *Participation in the Plan ceased on July 7, 2000 as a result of the sale of Raytheon Engineers & Constructors, Inc. and Rust Constructors, Inc. to Morrison Knudsen on such date. Standard Plan Provisions: For purposes of this Exhibit A, the term "Standard Plan Provisions" shall mean the following Plan provisions: Maximum Elective Deferrals of 20%: The Participant shall be eligible to make maximum Elective Deferrals of up to twenty percent (20%) in accordance with section 4.2(a) of the Plan. Maximum Employee After-Tax Contributions of 20%: The Participant shall be eligible to make maximum Employee After-Tax Contributions of up to twenty percent (20%) in accordance with section 4.2(a) of the Plan. No Specified Qualified Nonelective Contributions: The Participant shall not be eligible for a specified Qualified Nonelective Contribution. 4% Matching Contribution: In accordance with section 4.5 of the Plan the Participant shall be eligible to receive a Matching Contribution equal in value to one hundred percent (100%) of the total Elective Deferrals and Employee After-Tax Contributions made for each Pay Period, but the total of such Matching Contributions for the Participant shall not exceed four percent (4%) of the Participant's Compensation for each such Pay Period. 0.5% ESOP Contribution: The Participant shall be eligible to receive an ESOP Contribution equal to one-half of one percent (0.5%) of the Participant's Compensation for each Plan Year in accordance with section 4.6 of the Plan. No Employer Contribution: The Participant shall not be eligible for an Employer Contribution. Code Section 415 Definition of Compensation: The definition of Compensation applicable to the Participant shall be the definition prescribed in section 2.12 of the Plan. 100% Immediate Vesting: The Participant shall have a nonforfeitable right to all amounts in the Participant's Account, including the Participant's Elective Deferral, Employee After-Tax Contribution, Rollover Contribution, Qualified Nonelective Contribution, ESOP Contribution and Matching Contribution Accounts in accordance with sections 6.1 and 6.2 of the Plan. Page 8
EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) ==================================================================================================================================== Effective Prior Expiration Union Eligible Group Matching or Employer Compensation Eligibility Vesting Maximum Elective to 1/1/99 or Date Date Code Contributions Code Deferral Shown ==================================================================================================================================== ================================================================================ Effective Prior Maximum Match ESOP to 1/1/99 or Date After-Tax Source Contribution Shown ================================================================================ Definition of Compensation -- Base Pay: The definition of the term "Compensation" as prescribed in Plan section 2.12(a) shall be replaced with the following (with subsections 2.12(b) - (d) continuing to apply): (1) Except as otherwise provided herein, the base pay (including vacation and sick pay for unused vacation and sick leave), supervisory differentials, shift premiums and sales commissions paid to a Participant by the Employer, excluding all other earnings from any source. (2) In all cases, however, notwithstanding any exclusions above, Compensation shall include any amount which would otherwise be deemed Compensation under this subsection 2.12(a) but for the fact that it is deferred pursuant to a salary reduction agreement under this Plan or under any plan described in section 401(k) or 125 of the Code. Matching Contributions: Formula A: Each designated Adopting Employer shall make Matching Contributions equal in value to fifty percent (50%) of the first six percent (6%) of the Elective Deferrals and Employee After-Tax Contributions (if applicable) made for each Pay Period by each Participant who is an Eligible Employee of each such Adopting Employer, but the total of such Matching Contributions for any eligible Participant shall not exceed three percent (3%) of a Participant's Compensation from such Adopting Employer for each such Pay Period. The Matching Contribution shall be made in cash and may be invested in accordance with section 5.1(a). Formula B: Each designated Adopting Employer shall make Matching Contributions equal in value to fifty percent (50%) of the first three percent (3%) of the Elective Deferrals and Employee After-Tax Contributions (if applicable) made for each Pay Period by each Participant who is an Eligible Employee of each such Adopting Employer, but the total of such Matching Contributions for any eligible Participant shall not exceed one and one-half percent (1.5%) of a Participant's Compensation from such Adopting Employer for each such Pay Period. The Matching Contribution shall be made in cash and may be invested in accordance with section 5.1(a). Formula C: Each designated Adopting Employer shall make Matching Contributions equal in value to one hundred percent (100%) of the first four-and-one-half percent (4 1/2%) of the Elective Deferrals and Employee After-Tax Contributions (if applicable) made for each Pay Period by each Participant who is an Eligible Employee of each such Adopting Employer, but the total of such Matching Contributions for any eligible Participant shall not exceed four-and-one-half percent (4 1/2%) of a Participant's Compensation from such Adopting Employer for each such Pay Period. The Matching Contribution shall be made in cash and may be invested in accordance with section 5.1(a). Employer Contributions: Formula A: For each Plan Year, each designated Adopting Employer shall make an Employer Contribution equal in value to the dollar amount prescribed in the chart above for each Hour of Service completed (or scheduled, if so indicated) by its Eligible Employees. The Employer Contribution shall be allocated to the Eligible Employees of each Adopting Employer in the same ratio as each such Eligible Employee's Hours of Service for the Plan Year bears to the total Hours of Service for all such Eligible Employees for the Plan Year. Formula B: For each Plan Year, each designated Adopting Employer shall make an Employer Contribution equal to the percentage prescribed in the chart above of its Eligible Employees' Compensation for the Plan Year. The Employer Contribution shall be allocated to the Eligible Employees of each Adopting Employer in the same ratio as each such Eligible Employee's Compensation for the Plan Year bears to the total Compensation of all such Eligible Employees for the Plan Year. Formula C: For each Plan Year, each designated Adopting Employer shall make an Employer Contribution equal to the percentage prescribed in the chart above of its Eligible Employees' Compensation for the Plan Year. The Employer Contribution shall be allocated to the Eligible Employees of each Adopting Employer in the same ratio as each such Eligible Employee's Compensation for the Plan Year bears to the total Compensation of all such Eligible Employees for the Plan Year. For purposes of this Employer Contribution Formula C, the term "Compensation" shall mean "Base Pay" as defined above. Formula D: For each Plan Year, each designated Adopting Employer shall make an Employer Contribution equal to the percentage prescribed in the chart above of its Eligible Employees' Compensation for the Plan Year; provided, however, that in no event shall the Employer Contribution made with respect to any Eligible Employee exceed the maximum dollar amount prescribed in the chart above. The Employer Contribution shall be allocated to the Eligible Employees of each Adopting Employer in the same ratio as each such Eligible Employee's Compensation for the Plan Year bears to the total Compensation of all such Eligible Employees for the Plan Year. Formula E: For each Plan Year, each designated Adopting Employer shall make an Employer Contribution equal to (i) with respect to Eligible Employees who were hired prior to April 22, 1996, 7% of each such Eligible Employee's Compensation; and (ii) with respect to Eligible Employees who were hired on and after April 22, 1996, 4% of each such Eligible Employee's Compensation. The Employer Contribution shall be allocated to each respective group of Eligible Employees in the same ratio as each such Eligible Employee's Compensation for the Plan Year bears to the total Compensation of all such respective Eligible Employees for the Plan Year. For purposes of this Employer Contribution Formula E, the term "Compensation" shall mean "Base Pay" as defined above. Formula F: For each Plan Year, each designated Adopting Employer shall make an Employer Contribution equal in value to the dollar amount prescribed above for each BRT or the percentage of BRT prescribed above, as applicable. The Employer Contribution shall be allocated to the Eligible Employees of each Adopting Employer in the same ratio as each such Eligible Employee's BRT for the Plan Year bears to the total BRT of all such Eligible Employees for the Plan Year. Vesting Schedule Page 9
6/18/2002 EXHIBIT A RAYTHEON SAVINGS AND INVESTMENT PLAN Adopting Employers and Special Plan Provisions for Certain Adopting Employers As of January 1, 2000 (unless indicated otherwise) - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior Expiration Union Eligible Group Matching or Employer Compensation Eligibility Vesting Maximum Elective to 1/1/99 or Date Date Code Contributions Code Deferral Shown ==================================================================================================================================== - -------------------------------------------------------------- Maximum Match ESOP After-Tax Source Contribution ============================================================== Each Eligible Employee of the designated Adopting Employers shall have a nonforfeitable right to his or her Matching, ESOP and Employer Contribution Accounts (as applicable) upon the earliest of (or, if more favorable, under the terms of the transferee plan in the case of a direct transfer of assets to the Plan in accordance with sections 1.1(b) and 4.8(c)): (1) the Participant's completion of a Period of Service of five (5) years; (2) the Participant's completion of a Period of Participation of three (3) years; (3) the Participant's Retirement, death while an Employee, Disability or attainment of Normal Retirement Age; or (4) the Participant's Layoff or Severance from Service due to Qualified Military Service. ESOP Contribution -- Special Eligibility Provisions The eligible participants of the designated Adopting Employers must be employed on June 30 and December 31 to be eligible to receive an ESOP contribution for the immediately preceding six month period. Page 10
401kMatrixCOE - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior to 1/1/99 or Date Expiration Union Eligibility Shown Date Code Eligible Group Compensation Code ==================================================================================================================================== ==================================================================================================================================== RAYTHEON COMPANY ==================================================================================================================================== ==================================================================================================================================== exp 9/30/02 H10 IAMAW, Local 2793 No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 9//30/01 H11 IAMAW, District Lodge 74 No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp. 9/30/02 H12 IUOE Local 547 No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp. 9/30/02 H9 IAM, Local 850 No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ 4% CC post 4/22/96--7% exp. 3/30/00 R9 IBEW Local 2088 CC pre 4/22/96 All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RA IBEW, Local 340 DC - $.90/hr. Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RJ IBEW, Local 223 DC - $.98/hr. Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RM IBT, Local 639 No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RN IBEW, Local 898 DC - $.70/hr. Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 10/1/99 RR IAM, Dist Lodge 131 DC - $.65/hr. Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ RTK RSTX - Benefits Flexserve No-match All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ RTM Trng and Svcs 20% Pricing No-match All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ RTN Trng and Svcs 20% Pricing No-match All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ RVR ISDD OSMP Russia No-match All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RW IBEW, Local 2131 (Full-Time) No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RW2 IBEW, Local 2131 (Part-Time) No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ RWP Exempt at Wright-Patterson AFB No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/30/01 RX IBEW, Local 2131(X) No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 11/30/02 RZ ITPE District 5 No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ exp 9/3/00 S01 SCA - Annapolis Jnct, MD NASA No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ S02 SCA - CISF & SSPARS Colo Spgs DC - $.40/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S03 SCA - Marshall Space Flt Ctr DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S04 SCA - ROTHR Chesapeake, VA DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S05 SCA - ROTHR Freer, TX DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S06 SCA - ROTHR Kingsville, TX DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S07 SCA - ROTHR New Kent, VA DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S08 SCA - SEI & IATC DC - $.40/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S09 SCA - Shemya, AK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S10 SCA - O&M Richardson, TX No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S11 SCA - AUTEC W. Palm Beach No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S12 SCA - Englewood, CO PMEL PO DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S13 SCA - FAA Depot Oklahoma City DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S14 SCA - McClellan AFB, CA PMEL DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S15 SCA - NASA Langley, VA DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S16 SCA - Onizuka AFS, CA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S17 SCA - TROJAN DC - $.10/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S18 SCA - TSSC Washngton, DC DC - $.60/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S19 SCA - Warren, MI No contribution Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ S20 SCA - Wright Patterson AFB, OH No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S21 SCA - Lexington Depot, KY No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S22 SCA - SSPARS Cape Code AFS, MA DC - $.98/hr. All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ 4% CC of hrs. paid S23 Mobile Sensors - Florida up to 40 All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S24 SCA - Poulsbo, WA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S25 C-130H2 Weapons Systems No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S26 SCA -C-141 Aerial Refueling OK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ----------------------------------------------------------------------------------------------------- 401k Effective Investment Prior to 1/1/99 Limit (le or Date Maximum Co. Match RAYSOP Shown Vesting Rule Deferral) Post Tax Source Eligible ====================================================================================================== ====================================================================================================== ====================================================================================================== ====================================================================================================== 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 15% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate :17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 17% NO 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------------------------ 100% Immediate 20% YES 5 NO RAYSIP App A Amendmt 1
401KMatrixCOE - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior to 1/1/99 or Date Expiration Union Eligibility Shown Date Code Eligible Group Compensation Code ==================================================================================================================================== S27 SCA -C-141 Aerial Refuling NJ No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S28 SCA -C141 Aerial Refueling WA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S29 SCA -C141 Aerial Refueling CA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S30 SCA - Flight Crew Training OK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S31 SCA - E6 Maintenance Trnrs OK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S32 SCA - F/A-18 Flight Trnrs SC No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S33 SCA - F/A-18 Flight Trnrs CA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S34 SCA - F-14 COMS VA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S35 SCA - F-15 Trng Devices AK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S36 SCA - F-15 Trng Devices VA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S37 SCA - F-15 Trng Devices NC No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S38 SCA - F-16 Air Defense MN No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S39 SCA - F-16 Air Defense OR No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S40 SCA - F-16 Air Defense ND No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S41 SCA - F-16 CLS/TSSC AK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S42 SCA - F-16 CLS/TSSC AZ No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S43 SCA - F-16 Sim Aircraft TX No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S44 SCA - KC-10 Aircrew Trng TX No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S45 SCA - KC-10 Aircrew Trng NJ No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S46 SCA - KC-10 Aircrew Trng CA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S47 SCA - MCAS V-22 NC No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S48 SCA - P-3 COMS HI No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S49 SCA - T45 FY98 CMSP TX No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S50 SCA - T45 FY96 Prod MS No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S51 SCA - BMTA OK&TX No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S52 SCA - BMTA AS&KS No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S53 SCA - BMTA GA/PA/NE No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S54 SCA - BMTA IL No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S55 SCA - BMTA KY No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S56 SCA - BMTA HI No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S57 SCA - BMTA AK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S58 SCA - BMTA AZ No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S59 SCA - BMTA AL No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S60 SCA - BMTA MA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S61 SCA - CTC LA/TX No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S62 SCA - CTC CA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S64 SCA - SURTASS VA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S65 SCA - SURTASS HI No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S66 SCA - E-6 Flight Crew Tmg OK No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S67 SCA - CSEF OH No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S68 SCA - Project H265 NV No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S69 SCA - B-2 CLS MO No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S70 SCA - FORSCOM No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S71 SCA - KC135 Omaha, NE No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S72 SCA - ROTHR Puerto Rico No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S74 SCA - Ft. Stewart GA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S75 SCA - Ft. Carson CO No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S76 SCA - Ft. Benning GA No contribution All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------- 401k Investment Limit (ie Maximum Co. Match RAYSOP Vesting Rule Deferral) Post Tax Source Eligible ===================================================================================== 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - ------------------------------------------------------------------------------------- 2 RAYSIP App A Amendmt
401kMatrixCOE - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior to 1/1/99 or Date Expiration Union Shown Date Code Eligible Group =================================================================================================================================== eff 1/1/99 exp 4/14/00 263 SPFPA, Local 263 4% match in stock @ 100% eff 7/1/99 exp 4/11/04 298 UAW, Local 298 4% match in stock @ 100% eff 4/1/99 exp 2/16/03 848 UAW, Local 848 4% match in stock @ 100% eff 1/1/99 exp 8/19/01 967 UAW, Local 967 4% match in stock @ 100% eff 1/1/99 exp 8/26/00 R1 IBEW, Local 1505 4% match in stock @ 100% eff 1/1/99 exp 12/2/00 R2 IAM, Lodge 1836 4% match in stock @ 100% eff 6/1/99 exp 2/16/00 R3 Raytheon Guards 4% match in stock @ 100% eff 6/1/99 exp 3/9/00 R4 IUPPE, Local 84 4% match in stock @ 100% R8 IBEW "A", Local 1505 4% match in stock @ 100% eff 4/1/99 exp 3/3/01 RG IAM, Lodge 587 4% match in stock @ 100% exp 8/31/01 A1 IAM, LOCAL 1561 6% match in cash @ 50% max 3% exp 7/31/00 A2 SPFPA, Local 270 6% match in cash @ 50% max 3% eff 1/1/99 exp 11/1/99 H8 IAM, Local 156 4% match in stock @ 100% HD Hourly Non-Union (EAST rules) 4% match in stock @ 100% eff 2/1/99 exp 1/31/02 HZ IAM, Lodge 2003 4% match in stock @ 100% NU1 GVL Fire & Guards (Not Union) 4% match in stock @ 100% R0 NU Salaried Exempt & Non-exempt 4% match in stock @ 100% R01 T&S Executives 4% match in stock @ 100% R6 Hourly Non-Union 4% match in stock @ 100% RGC Global Command Comm. Systems 4% match in stock @ 100% RHC HITC Non-Pension Eligible 4% match in stock @ 100% RIS Identification Sys Non-Union 4% match in stock @ 100% RTA T&S Unified Plan 4% match in stock @ 100% RTB T&S Unified Plan 4% match in stock @ 100% RTC Training Operations 4% match in stock @ 100% RTD T&S Unified Plan 2 4% match in stock @ 100% RTE Training/Data Systems/Commercl 4% match in stock @ 100% RTF T&S Unified Plan Non Pension 4% match in stock @ 100% RTG Training Regular 4% match in stock @ 100% RTH T&S Unified Plan B 4% match in stock @ 100% RTI RSTX Senior Leadership 4% match in stock @ 100% RTJ RSTX Standard Benefits 4% match in stock @ 100% RTL Trng and Svcs 20% Pricing 4% match in stock @ 100% RTO Trng and Svcs 20% Pricing 4% match in stock @ 100% RU Teamsters Local 769 4% match in stock @ 100% RVS Lexington Depot Non-Corp Flex 4% match in stock @ 100% STC State College - Declass Proj 4% match in stock @ 100% H5 NAPI Hourly Non-Union 4% match in stock @ 100% H6 Highland Park Hourly Non-Union 4% match in stock @ 100% HG AFG Hourly Guards 4% match in stock @ 100% HH Hourly Non-Bargaining Guards 4% match in stock @ 100% eff 1/1/99 exp 4/12/05 HB AFGE, Local 1744 4% match in stock @ 100% eff 1/1/99 exp 4/27/02 HK IBEW, Local 2295 4% match in stock @ 100% eff 1/1/99 exp 4/30/00 HL PACE, Local 6-0254 4% match in stock @ 100% eff 1/1/99 exp 8/25/02 HQ IAM, Lodge 830 4% match in stock @ 100% eff 1/1/99 exp 10/25/99 HY IAM, Lodge 725 (AML 1125) 4% match in stock @ 100% ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ 401k Effective Investment Prior to 1/1/99 Limit (ie or Date Eligibility Maximum Co. Match RAYSOP Shown Compensation Code Vesting Rule Deferral) Post Tax Source Eligible ================================================================================================================================== eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 7/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 4/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 6/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 6/1/99 All earnings E 100% Immediate 20% YES 20 YES All earnings E 100% Immediate 20% YES 20 YES eff 4/1/99 All earnings E 100% Immediate 20% YES 20 YES Base pay H 100% 3 yrs partic or 17% NO 3 NO 5 yrs service Base pay H 100% 3 yrs partic or 17% NO 3 NO 5 yrs service eff 1/1/99 All earnings E 100% Immediate 20% YES 20 NO All earnings E 100% Immediate 20% YES 20 Yes eff 2/1/99 All earnings E 100% Immediate 20% YES 20 Yes? All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 YES All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 YES All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes All earnings E 100% Immediate 20% YES 20 Yes eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES eff 1/1/99 All earnings E 100% Immediate 20% YES 20 YES 3
401kMatrixCOE - ------------------------------------------------------------------------------------------------------------------------------------ Effective Prior to 1/1/99 or Date Expiration Union Eligibility Shown Date Code Eligible Group Compensation Code ==================================================================================================================================== eff. 1/1/99 exp. 6/4/02 RB EAST, Local 1553 (Chula Vista) No match Base pay E - ------------------------------------------------------------------------------------------------------------------------------------ eff 1/1/99 exp 10/19/01 HC EAST, Local 1553 (LA, CA area) 4% match in stock @ 100% All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ eff 11/1/99 exp 10/27/03 H1 IAM, Lodge 933 4% match in stock @ 100% All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ eff. 7/1/00 exp 2/10/00 H3 IAM, Lodge 940 Tucson Firefighters 4% match in stock @ 100% All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ eff 3/26/00 exo, 4/12/00 H4 IAM, Lodge 933, HE Microwave 4% match in stock @ 100% All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ RSE/RSN S Spars PAVE PAWS III $0.65 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S Spars PAVE PAWS IV $0.70 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ NASA Logistics 2.5% of BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA Onizuka AFS $0.33 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S Spars PAVE PAWS I All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ S Spars PAVE PAWS II $0.90 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA SSPARS Thule, Greenland All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA SSPARS Fylingsdale, UK All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA SSPARS $0.98 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Michigan Base Support $0.16 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA PMEL-McClellan AFB $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA COBRA DANE-Shemya, AK All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TACOM-Warren, MI All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA SEI $0.60 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TROJAN $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA IATC $0.60 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA STARS & DASR $0.60 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA NASA -Langley, VA $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA CISF $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA Marshall Space Flight Center- Huntsville, AL $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ RSSC Pave Paws/RSSC CDSM Dept 8731,8734 All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ RSSC Pave Paws/RSSC CDSM Dept 8738,8796 $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA Onizuka AFS $0.33 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA AUTEC-West Palm Beach, FL All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ IRE/RSES Category B All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ KLS/RSES Category B All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ KLS/RSES Category C All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ KLS/RSES Category D All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ AUTEC/RSES All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Salaried Exempt w/Unique Benefits All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TSSC Full-Time $0.60 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA NASA Logistics-Annapolis Jct, MD 2.5% of BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA Norfolk, VA $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA EFOGM-Huntsville, AL Dept.8795 All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Huntsville, AL Dept.8138, 8140 $0.10 x BRT All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TSSC Part-Time All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ Non-SCA TSSC Part-Time All earnings E - ------------------------------------------------------------------------------------------------------------------------------------ - -------------------------------------------------------------------------------------------------------- 401k Effective Investment Prior to 1/1/99 Limit (ie or Date Maximum Co. Match RAYSOP Shown Vesting Rule Deferral) Post Tax Source Eligible ======================================================================================================== eff. 1/1/99 100% Immediate 17% NO 5 NO - -------------------------------------------------------------------------------------------------------- eff 1/1/99 100% Immediate 20% YES 20 YES - -------------------------------------------------------------------------------------------------------- eff 11/1/99 100% Immediate 20% YES 20 Yes (1/1/00) - -------------------------------------------------------------------------------------------------------- eff. 7/1/00 100% Immediate 20% YES 20 YES - -------------------------------------------------------------------------------------------------------- eff 3/26/00 100% Immediate 20% YES 20 Yes (3/26/00) - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 100% Immediate 20% YES 5 NO - -------------------------------------------------------------------------------------------------------- 4 RAYSIP App Amendmt
401K Effective Investment for to 1/1/99 Limit(ie or Date Expiration Union Eligibility Maximum Post shown Date Code Eligible Group Compensation Code Vesting Rule Deferral) Tax ==================================================================================================================================== Non-SCA Chula Vista,CA All earnings E 100% Immediate 20% YES Non-SCA CCS MK II-Portsmouth RI & Norfolk,VA All earnings E 100% Immediate 20% YES Non-SCA STARS & DASR $0.40 x BRT E 100% Immediate 20% YES Co. Match RAYSOP Source Eligible 5 NO 5 NO 5 NO 6
1 Exhibit 99.1c RAYTHEON COMPANY AMENDMENT TO THE RAYTHEON SAVINGS AND INVESTMENT PLAN In accordance with the authority vested in the Senior Vice President, Human Resources, of Raytheon Company by a Vote of the Board of Directors, to amend the defined benefit and defined contribution plans sponsored by Raytheon Company and to approve participating companies in the plans, the Raytheon Savings and Investment Plan is hereby amended in the following respects: 1. Article IV, Section 4.1, is amended by adding at the end thereof the following new subsection (f): (f) With the approval of the Senior Vice President, Human Resources, of the Company, or other officer to whom authority to determine contributions is delegated by the Board of Directors, an Adopting Employer may provide its Eligible Employees with a cash or deferred election with respect to all or a portion of the Service Contract Act reconciliation amounts referenced in Section 4.3(c) ("SCA Amounts"). If such cash or deferred election is provided, an Eligible Employee can elect either (i) to receive the SCA Amounts in cash as additional taxable compensation, or (ii) to have the SCA Amounts contributed to the Plan as additional Elective Deferrals, subject to the limitations otherwise provided under the Plan. If an Eligible Employee does not make a cash or deferred election within the time period specified by the Administrator, the SCA Amounts will be paid to the Eligible Employee in cash as additional taxable compensation. The foregoing amendment shall be effective as of November 1, 2001. /s/ Keith J. Peden Keith J. Peden Senior Vice President, Human Resources Dated at Lexington, Massachusetts October 29, 2001
1 Exhibit Index Exhibit No. Description of Documents 23 Consent of Independent Accountants 99.1 Annual Report for the Raytheon Savings and Investment Plan. 99.1a Raytheon Savings and Investment Plan, heretofore filed as an exhibit to the Company's S-8 Registration Statement No. 333-56117 on June 5, 1998, is hereby incorporated by reference. 99.1b Raytheon Savings and Investment Plan Adopting Employers and Special Plan Provisions for Certain Adopting Employers as of January 1, 2000. 99.1c Amendment to the Raytheon Savings and Investment Plan dated November 1, 2001.