{"id":38740,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/deferred-compensation-plan-agilent-technologies-inc.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"deferred-compensation-plan-agilent-technologies-inc","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/deferred-compensation-plan-agilent-technologies-inc.html","title":{"rendered":"Deferred Compensation Plan &#8211; Agilent Technologies Inc."},"content":{"rendered":"<p align=\"center\"><strong>AGILENT TECHNOLOGIES, INC.<\/strong><\/p>\n<p align=\"center\"><strong>2005 DEFERRED COMPENSATION PLAN<\/strong><\/p>\n<p align=\"center\"><strong>(Amended and Restated Effective January 1,<br \/>\n2011)<\/strong><\/p>\n<p><strong><u>Section 1.<\/u><\/strong> <strong>Establishment and Purpose of<br \/>\nPlan.<\/strong><\/p>\n<p>The Agilent Technologies, Inc. 2005 Deferred Compensation Plan has been<br \/>\namended and restated effective September 17, 2007; September 15, 2008; October<br \/>\n28, 2009; and most recently as of January 1, 2011. The Plan continues the<br \/>\nprogram of deferred compensation embodied in the document for the Prior Plan in<br \/>\na manner designed to comply with the requirements of the American Jobs Creation<br \/>\nAct of 2004. The rules of this Plan document, rather than those of the Prior<br \/>\nPlan Document, will govern new deferrals. The Plan provides deferred<br \/>\ncompensation for a select group of management or highly compensated employees as<br \/>\nestablished in Title I of ERISA.<\/p>\n<p>The Plan is intended to be an unfunded and unsecured deferred compensation<br \/>\narrangement between the Participant and Agilent, in which the Participant agrees<br \/>\nto give up a portion of the Participant153s current compensation in exchange for<br \/>\nAgilent153s unfunded and unsecured promise to make a payment at a future date, as<br \/>\nspecified in Section 6. Agilent retains the right, as provided in Section 13, to<br \/>\namend or terminate the Plan at any time. Certain capitalized words used in the<br \/>\ntext of the Plan are defined in Section 19 in alphabetical order.<\/p>\n<p><strong><u>Section 2.<\/u><\/strong> <strong>Participation in the<br \/>\nPlan.<\/strong><\/p>\n<p>2.1 All Eligible Employees are eligible to defer Base Pay, Bonus, LTPP<br \/>\nAwards, or NES Awards under the Plan. In addition, the Committee may provide<br \/>\nthat company contributions may be made to the Plan for the benefit of a<br \/>\nParticipant under the terms and conditions as may be specified by Agilent, in<br \/>\nany manner Agilent deems appropriate; provided, however, that any such<br \/>\ncontribution shall comply with Section 409A of the Code, and any contribution<br \/>\nmade with respect to a Covered Officer must be consistent with the requirements<br \/>\nfor deductibility of compensation under Section 162(m) of the Code.<\/p>\n<p><strong><u>Section 3.<\/u><\/strong> <strong>Timing and Amounts of Deferred<br \/>\nCompensation.<\/strong><\/p>\n<p>Eligible Employees shall make elections to participate in the Plan, as<br \/>\nfollows:<\/p>\n<p>3.1 <u>Base Pay Deferrals<\/u>.<\/p>\n<p>(a) <u>Timing of Base Pay Deferral<\/u>. With respect to a deferral of Base<br \/>\nPay, an election to defer Base Pay must be made before December 31, or such<br \/>\nearlier date established by the Committee, of the calendar year preceding the<br \/>\ncalendar year with respect to which the services associated with such Base Pay<br \/>\nare performed, and in accordance with procedures established by the Committee.<br \/>\nBase Pay deferral elections shall be irrevocable on the December 31 of the<br \/>\ncalendar year preceding the calendar year with respect to which such election<br \/>\npertains, or such earlier date as Agilent determines in its discretion.<br \/>\nNotwithstanding the foregoing, a new Eligible Employee may make an initial<br \/>\ndeferral election by the date the Committee specifies<\/p>\n<p align=\"center\">1<\/p>\n<hr>\n<p><\/p>\n<p>after the individual receives enrollment materials; provided, however, that<br \/>\nsuch initial deferral election shall be made no later than the 30th day after<br \/>\nthe individual becomes an Eligible Employee.<\/p>\n<p>(b) <u>Amount of Base Pay Deferral<\/u>. The percentage that will be deferred<br \/>\nfrom Base Pay for an Eligible Employee is determined as follows:<\/p>\n<p>(i) The Eligible Employee will elect an annual percentage to be deferred from<br \/>\nBase Pay. The maximum annual percentage of Base Pay that may be deferred each<br \/>\ncalendar year is equal to one hundred percent of the amount that Base Pay<br \/>\nexceeds the Eligibility Pay Threshold.<\/p>\n<p>(ii) The percentage will be converted into an amount per pay period to be<br \/>\ndeferred and adjusted as necessary (the &#8220;Pay Period Deferral Amount&#8221;).<\/p>\n<p>3.2 <u>Bonus Deferrals<\/u>.<\/p>\n<p>(a) <u>Timing of Bonus Deferral<\/u>. An election to defer Bonuses must be<br \/>\nmade before December 31, or such earlier date established by the Committee, of<br \/>\nthe calendar year preceding the calendar year with respect to which the services<br \/>\nrelating to the Bonuses are performed, and in accordance with procedures<br \/>\nestablished by the Committee. Bonus deferral elections shall be irrevocable on<br \/>\nthe December 31 of the calendar year preceding the calendar year with respect to<br \/>\nwhich such election pertains, or such earlier date as Agilent determines in its<br \/>\ndiscretion. Notwithstanding the foregoing, a Participant may elect to defer<br \/>\nBonuses that are Performance Based Compensation; provided, however, such<br \/>\nelection shall not be made later than six months prior to the end of the<br \/>\napplicable performance period and such election shall be irrevocable as Agilent<br \/>\ndetermines in its discretion as reflected in the election form. Notwithstanding<br \/>\nthe foregoing, a new Eligible Employee may make an initial bonus deferral<br \/>\nelection by the date the Committee specifies after the individual receives<br \/>\nenrollment materials; provided, however, that such initial deferral election<br \/>\nshall be made no later than the 30th day after the individual becomes an<br \/>\nEligible Employee and the election may only apply to compensation paid for<br \/>\nservices performed after the election.<\/p>\n<p>(b) <u>Amount of Bonus Deferral<\/u>. The amount of any bonus an Eligible<br \/>\nEmployee may must be:<\/p>\n<p>(i) No more than 95%, of any Bonus to which he or she may become entitled;<br \/>\nand<\/p>\n<p>(ii) Not more than the amount by which the sum of the Pay-For-Results Bonus,<br \/>\nplus the Participant153s Base Pay for such calendar year, exceeds the Eligibility<br \/>\nPay Threshold.<\/p>\n<p>The deferral amount must be expressed in terms of a whole percentage point.<br \/>\nOnce an election is made by an Eligible Employee to defer any portion of a<br \/>\nBonus, the appropriate dollar amount will be withheld from the Bonus when this<br \/>\namount would have otherwise been paid.<\/p>\n<p align=\"center\">2<\/p>\n<hr>\n<p><\/p>\n<p>3.3 <u>LTPP Award Deferrals and NES Award Deferrals<\/u>.<\/p>\n<p>(a) <u>Timing of LTPP Award Deferral<\/u>. Participants must make an election<br \/>\nto defer an LTPP Award no later than 6 months before the end of the performance<br \/>\nperiod so long as the LTPP Award meets the definition of Performance Based<br \/>\nCompensation. If the LTPP Award does not meet the definition of Performance<br \/>\nBased Compensation, the election to defer the LTPP Award must be made not later<br \/>\nthan: (i) December 31, or such earlier date established by the Committee, of the<br \/>\ncalendar year preceding the calendar year with respect to which the services<br \/>\nassociated with such LTPP Award are performed, and in accordance with procedures<br \/>\nestablished by the Committee, or (ii) the 30th day after the individual first<br \/>\nbecomes an Eligible Employee and the election may only apply to compensation<br \/>\npaid for services performed after the election. LTPP Award deferral elections<br \/>\nshall be irrevocable as Agilent determines in its discretion as reflected in the<br \/>\nelection form.<\/p>\n<p>(b) <u>Timing of NES Award Deferral<\/u>. Participants must make an election<br \/>\nto defer a NES Award no later than 6 months before the end of the performance<br \/>\nperiod so long as the NES Award meets the definition of Performance Based<br \/>\nCompensation. If the NES Award does not meet the definition of Performance Based<br \/>\nCompensation, the election to defer the NES Award must be made not later than:<br \/>\n(i) December 31, or such earlier date established by the Committee, of the<br \/>\ncalendar year preceding the calendar year with respect to which the services<br \/>\nassociated with such NES Award are performed, and in accordance with procedures<br \/>\nestablished by the Committee, (ii) 30 days after the date of grant, provided<br \/>\nthat (1) the NES Award is subject to a forfeiture condition requiring the<br \/>\ncontinued performance of services for a period of at least 12 months and (2) the<br \/>\nelection is made at least 12 months in advance of the earliest date at which the<br \/>\nforfeiture condition could lapse, or (iii) the 30th day after the individual<br \/>\nfirst becomes an Eligible Employee and the election may only apply to<br \/>\ncompensation paid for services performed after the election. NES Award deferral<br \/>\nelections shall be irrevocable as Agilent determines in its discretion as<br \/>\nreflected in the election form.<\/p>\n<p>(c) <u>Amount of Deferral of LTPP Award<\/u>. An Eligible Employee may defer<br \/>\nany portion, up to 95%, of any LTPP Award to which he or she may become<br \/>\nentitled, so long as the deferral amount is expressed in terms of a whole<br \/>\npercentage point; provided, however, if the percentage results in a fractional<br \/>\nshare, the number of Shares deferred shall be rounded up to the nearest whole<br \/>\nShare. Once an election is made by an Eligible Employee to defer any portion of<br \/>\nan LTPP Award, the appropriate Shares will be withheld from the LTPP Award when<br \/>\nthe Shares would have otherwise have been distributed.<\/p>\n<p>(d) <u>Amount of Deferral of NES Award<\/u>. An Eligible Employee may defer<br \/>\nany portion, up to 95%, of any NES Award to which he or she may become entitled,<br \/>\nso long as the deferral amount is expressed in terms of a whole percentage<br \/>\npoint; provided, however, if the percentage results in a fractional share, the<br \/>\nnumber of Shares deferred shall be rounded up to the nearest whole Share. Once<br \/>\nan election is made by an Eligible Employee to defer any portion of a NES Award,<br \/>\nthe appropriate Shares will be withheld from the NES Award when the Shares would<br \/>\nhave otherwise have been distributed.<\/p>\n<p>3.4 <u>Company Contributions<\/u>. Notwithstanding anything provided in this<br \/>\nSection 3 or otherwise in the Plan to the contrary, the Committee shall have the<br \/>\ndiscretion to provide that company contributions may be made to the Plan for the<br \/>\nbenefit of a Participant under the terms<\/p>\n<p align=\"center\">3<\/p>\n<hr>\n<p><\/p>\n<p>and conditions as may be specified by Agilent, in any manner Agilent deems<br \/>\nappropriate; provided, however, that any such contribution shall comply with<br \/>\nSection 409A of the Code.<\/p>\n<p><strong><u>Section 4.<\/u><\/strong> <strong>Crediting of Deferral<br \/>\nAccounts.<\/strong><\/p>\n<p>Amounts deferred pursuant to Section 3 shall be credited to a Deferral<br \/>\nAccount in the name of the Participant. Deferred Amounts arising from deferrals<br \/>\nof Base Pay shall be credited to a Participant153s Base Pay Deferral Account at<br \/>\nleast quarterly. Deferrals resulting from amounts credited to a Participant153s<br \/>\nBonus Deferral Account from the deferral of Bonuses shall be credited to a Bonus<br \/>\nDeferral Account as soon as practicable after such Bonus would otherwise have<br \/>\nbeen paid. Deferrals resulting from amounts credited to a Participant153s Deferral<br \/>\nAccount from the deferral of LTPP Awards or NES Awards shall be credited to a<br \/>\nParticipant153s LTPP Deferral Account or NES Deferral Account, as appropriate, as<br \/>\nsoon as practicable after such LTPP Award or NES Award would otherwise have been<br \/>\npaid. Any dividends paid on Shares shall be credited to the LTPP Deferral<br \/>\nAccount or NES Deferral Account, as appropriate. The Participant153s rights in the<br \/>\nDeferral Account shall be no greater than the rights of any other unsecured<br \/>\ngeneral creditor of Agilent. Deferred Amounts and Earnings thereon invested<br \/>\nhereunder shall for all purposes be part of the general funds of Agilent. Any<br \/>\npayout to a Participant of amounts credited to a Participant153s Deferral Account<br \/>\nis not due, nor are such amounts ascertainable, until the Payout Commencement<br \/>\nDate.<\/p>\n<p><strong><u>Section 5.<\/u><\/strong> <strong>Earnings on the Deferral<br \/>\nAccount.<\/strong><\/p>\n<p>5.1 <u>Crediting in General<\/u>. Amounts in a Participant153s Deferral Account<br \/>\nwill be credited at least quarterly with Earnings until such amounts are paid<br \/>\nout to the Participant under this Plan as set forth in Section 6. All Earnings<br \/>\nattributable to the Deferral Account shall be added to the liability of and<br \/>\nretained therein by Agilent. Any such addition to the liability shall be<br \/>\nappropriately reflected on the books and records of Agilent153s Consolidated Group<br \/>\nand identified as an addition to the total sum owing the Participant. The<br \/>\nDeferral Account of a Rollover Participant shall be credited with Earnings at<br \/>\nthe same time and accounted for in the same manner as the Deferral Account of a<br \/>\nParticipant (regardless of the Rollover Participant153s eligibility to participate<br \/>\nin the Plan), pro-rated to reflect the date on which the deferral account from a<br \/>\nRollover Plan is transferred into the Plan.<\/p>\n<p>5.2 <u>Hypothetical Investment Options<\/u>. Except as otherwise provided in<br \/>\nthis Section 5.2, and subject to provisions of Section 4, the Committee may, in<br \/>\nits discretion, offer Participants a choice among various Hypothetical<br \/>\nInvestment Options on which their Deferral Accounts may be credited. Such a<br \/>\nchoice is nominal in nature, and grants Participants no real or beneficial<br \/>\ninterest in any specific fund or property. Provision of a choice among<br \/>\nHypothetical Investment Options grants the Participant no ability to affect the<br \/>\nactual aggregate investments Agilent may or may not make to cover its<br \/>\nobligations under the Plan. Any adjustments Agilent may make in its actual<br \/>\ninvestments for the Plan may only be instigated by Agilent, and may or may not<br \/>\nbear a resemblance to the Participants153 hypothetical investment choices on an<br \/>\naccount-by-account basis. The timing, allowance and frequency of hypothetical<br \/>\ninvestment choices, and a Participant153s ability to change how his or her<br \/>\nDeferral Account is credited, is within the sole discretion of the Committee.\n<\/p>\n<p align=\"center\">4<\/p>\n<hr>\n<p><\/p>\n<p>5.3 <u>Investment Directions<\/u>. A Participant may direct the deemed<br \/>\ninvestment of the Participant153s Deferred Amounts among the Hypothetical<br \/>\nInvestment Options, in the manner prescribed by Agilent at the time of<br \/>\nenrollment or re-enrollment. Investment elections shall be in such minimum<br \/>\npercentage amounts with respect to each such option as permitted by Agilent.<br \/>\nNotwithstanding any other provision of the Plan to the contrary, all deferrals<br \/>\nof non-cash LTPP Awards or NES Awards shall be deemed to be invested in Shares<br \/>\nuntil such Shares are paid out in accordance with Section 6.<\/p>\n<p>5.4 <u>Reinvestment Directions<\/u>. On a daily basis, by instructing a third<br \/>\nparty administrator that Agilent selects in its discretion in the manner<br \/>\nprescribed, a Participant may direct the reinvestment of the Participant153s<br \/>\nDeferral Accounts among the various Hypothetical Investment Options; provided,<br \/>\nhowever, that certain reinvestments may be restricted by Agilent, the third<br \/>\nparty administrator or applicable law. A Participant shall specify the<br \/>\nreinvestment amounts of the Participant153s Deferred Account to be invested in<br \/>\nsuch Hypothetical Investment Options. Reinvestment directions shall be in such<br \/>\nminimum dollar or percentage amounts as permitted by Agilent or the third party<br \/>\nadministrator. Notwithstanding any other provision of the Plan to the contrary,<br \/>\nParticipants may not direct the reinvestment of their deferral of non-cash LTPP<br \/>\nAwards or NES Awards.<\/p>\n<p>5.5 <u>No Investment Directions<\/u>. In the event that the Participant fails<br \/>\nto direct his or her investment, a Participant153s Deferral Account shall be<br \/>\ncredited with the deemed return on investment in Vanguard Institutional Index<br \/>\nFund : Institutional Plus. Notwithstanding the foregoing, all deferrals of<br \/>\nnon-cash LTPP Awards or NES Awards shall be deemed to be invested in Shares.\n<\/p>\n<p><strong><u>Section 6.<\/u><\/strong> <strong>Payout to the<br \/>\nParticipants.<\/strong><\/p>\n<p>6.1 <u>Termination<\/u>. The form and commencement of benefit may be made in<br \/>\naccordance with the Participant153s election at the time of deferral and this<br \/>\nSection 6.1.<\/p>\n<p>(a) <u>Form of Payout<\/u>.<\/p>\n<p>(i) Prior to January 1, 2008 and if a Participant153s Aggregate Deferral<br \/>\nAccount Balance is equal to or greater than $25,000 on the Termination Date, a<br \/>\nParticipant making a valid election under this Section 6.1, and whose<br \/>\nTermination Date occurs during the first six (6) months of the calendar year,<br \/>\nmay elect to receive either (a) a single lump sum payout in the first pay period<br \/>\nin January of the year following the Termination Year, or (b) a payout in annual<br \/>\ninstallments over a five (5) to fifteen (15) year period beginning with the<br \/>\nfirst pay period in January following the Termination Year. A Participant making<br \/>\na valid election under this Section 6.1, and whose Termination Date occurs<br \/>\nduring the second six (6) months of the calendar year, may elect to receive<br \/>\neither (a) a single lump sum payout in the first pay period in January of the<br \/>\nsecond year following the Termination Year, or (b) a payout in annual<br \/>\ninstallments over a five (5) to fifteen (15) year period beginning with the<br \/>\nfirst pay period in January of the second year following the Termination Year.<br \/>\nIf, however, Participant153s Aggregate Deferral Account Balance is less than<br \/>\n$25,000 on the Termination Date, then the Participant will receive a single lump<br \/>\nsum payout at the first pay period in January following the Termination Year;<br \/>\nprovided, that if the Termination Date occurs within the second six months of<br \/>\nthe calendar<\/p>\n<p align=\"center\">5<\/p>\n<hr>\n<p><\/p>\n<p>year, payment of such lump sum will be made in the first pay period in<br \/>\nJanuary of the second year following the Termination Year.<\/p>\n<p>(ii) On or after January 1, 2008 and if a Participant153s Aggregate Deferral<br \/>\nAccount Balance is equal to or greater than $25,000 on the Termination Date, a<br \/>\nParticipant making a valid election under this Section 6.1, and whose<br \/>\nTermination Date occurs during the first six (6) months of the calendar year,<br \/>\nmay elect to receive either (a) a single lump sum payout in January of the year<br \/>\nfollowing the Termination Year, or (b) a payout in annual installments over a<br \/>\nfive (5) to fifteen (15) year period beginning in the January following the<br \/>\nTermination Year. A Participant making a valid election under this Section 6.1,<br \/>\nand whose Termination Date occurs during the second six (6) months of the<br \/>\ncalendar year, may elect to receive either (a) a single lump sum payout in the<br \/>\nJuly of the year following the Termination Year, or (b) a payout in annual<br \/>\ninstallments over a five (5) to fifteen (15) year period beginning in the July<br \/>\nof the first year following the Termination Year. If, however, Participant153s<br \/>\nAggregate Deferral Account Balance is less than $25,000 on the Termination Date,<br \/>\nthen the Participant will receive a single lump sum payout in January following<br \/>\nthe Termination Year; provided, that if the Termination Date occurs within the<br \/>\nsecond six months of the calendar year, payment of such lump sum will be made in<br \/>\nJuly following the Termination Year.<\/p>\n<p>(iii) <u>2008 Special Payout Election on or before December 31, 2008<\/u>.<br \/>\nParticipants who are identified by the Committee, in its sole discretion, may<br \/>\nmake a special payment election for their Aggregate Deferral Account Balance in<br \/>\ncalendar year 2008; provided that the election is made no later than December<br \/>\n31, 2008. An election made pursuant to this subparagraph (iii) shall be<br \/>\nirrevocable when made and shall be subject to any special administrative rules<br \/>\nimposed by Agilent including rules intended to comply with section 409A of the<br \/>\nCode, and shall not become effective until January 1, 2009. No election under<br \/>\nthis subparagraph (iii) shall (A) change the payment date of any distribution<br \/>\notherwise scheduled to be paid in 2008 or cause a payment to be paid in 2008, or<br \/>\n(B) be permitted after December 31, 2008.<\/p>\n<p>(b) <u>Commencement of Payout<\/u>. A Participant making a valid election<br \/>\nunder this Section 6.1 may elect a Payout Commencement Date, under either the<br \/>\nsingle lump sum or the annual installment election addressed in Section 6.1(a),<br \/>\nthat is the date determined under Section 6.1(a) plus an additional one (1), two<br \/>\n(2) or three (3) years.<\/p>\n<p>(c) <u>In-Service Distribution Date<\/u>. With respect to Base Pay, Bonus,<br \/>\nLTPP Awards or NES Awards earned after December 31, 2010, an Eligible Employee<br \/>\nor Participant may elect pursuant to Section 3 of the Plan to defer Base Pay,<br \/>\nBonus, LTPP Awards or NES Awards to an In-Service Distribution Account. The<br \/>\nCommittee, in its sole discretion, may limit the number of In-Service<br \/>\nDistribution Accounts that Participants may maintain under the Plan at any time.<br \/>\nFor each In-Service Distribution Account, the Participant must elect a single<br \/>\nIn-Service Distribution Date. A Participant may defer amounts from multiple<br \/>\ncalendar years into the same In-Service Distribution Account, provided the<br \/>\nParticipant does not defer an amount into an In-Service Distribution Account<br \/>\nduring a calendar year in which falls the In-Service Distribution Date for that<br \/>\nIn-Service Distribution Account. If an Eligible Employee or Participant elects<br \/>\nto make deferrals to an In-Service Distribution Account, the amount deferred to\n<\/p>\n<p align=\"center\">6<\/p>\n<hr>\n<p><\/p>\n<p>the In-Service Distribution Account will be paid to the Participant in a<br \/>\nsingle lump sum payment on the earlier to occur of the applicable In-Service<br \/>\nDistribution Date, death or Termination.<\/p>\n<p>(d) <u>Earnings on Deferral Accounts<\/u>. Whatever the form of payout under<br \/>\nSection 6, and whatever the timing of the Payout Commencement Date, the Deferral<br \/>\nAccount of a Participant shall continue to be credited with Earnings until all<br \/>\namounts in such an account are paid out to the Participant.<\/p>\n<p>6.2 <u>Default Form and Commencement of Payout<\/u>.<\/p>\n<p>(a) Prior to January 1, 2008, if a valid election under Section 6.1 is not<br \/>\nmade, and the Participant153s Aggregate Deferral Account Balance is equal to or<br \/>\ngreater than $25,000 on the Termination Date, then the Participant shall receive<br \/>\nhis or her payout in annual installments over the fifteen (15) year period<br \/>\nbeginning with the first pay period in January following the Termination Year;<br \/>\nprovided, that if the Termination Date occurs within the second six months of<br \/>\nthe calendar year, payment of such annual installments will begin with the first<br \/>\npay period in January of the second year following the Termination Year. If,<br \/>\nhowever, Participant153s Aggregate Deferral Account Balance is less than $25,000<br \/>\non the Termination Date, then the Participant will receive a single lump sum<br \/>\npayout at the first pay period in January following the Termination Year;<br \/>\nprovided, that if the Termination Date occurs within the second six months of<br \/>\nthe calendar year, payment of such lump sum will be made in the first pay period<br \/>\nin January of the second year following the Termination Year.<\/p>\n<p>(b) On or after January 1, 2008, if a valid election under Section 6.1 is not<br \/>\nmade, and the Participant153s Aggregate Deferral Account Balance is equal to or<br \/>\ngreater than $25,000 on the Termination Date, then the Participant shall receive<br \/>\nhis or her payout in annual installments over the fifteen (15) year period<br \/>\nbeginning in January following the Termination Year; provided, that if the<br \/>\nTermination Date occurs within the second six months of the calendar year,<br \/>\npayment of such annual installments will begin in July following the Termination<br \/>\nYear. If, however, Participant153s Aggregate Deferral Account Balance is less than<br \/>\n$25,000 on the Termination Date, then the Participant may receive a single lump<br \/>\nsum payout in January following the Termination Year; provided, that if the<br \/>\nTermination Date occurs within the second six months of the calendar year,<br \/>\npayment of such lump sum will be made in July following the Termination Year.\n<\/p>\n<p>6.3 <u>Death of Participant<\/u>.<\/p>\n<p>(a) Prior to January 1, 2008 and if a Participant dies and a valid election<br \/>\nwas made under Section 6.1, the Beneficiary will be paid in the same manner as<br \/>\nthe Participant would have if he or she Terminated; the date of death shall be<br \/>\ndeemed the Termination Date. If the Participant dies and no valid election was<br \/>\nmade, and the Participant153s Deferral Account balance is equal to or greater than<br \/>\n$25,000 on the date of death, then the Beneficiary will receive the payout in<br \/>\nannual installments over the fifteen (15) year period beginning in January in<br \/>\nthe calendar year following the year of the Participant153s death. If, however,<br \/>\nsuch Deferral Account balance is less than $25,000 on the date of death, then<br \/>\nthe Beneficiary shall receive a single lump sum in January of the year following<br \/>\nthe year of death.<\/p>\n<p align=\"center\">7<\/p>\n<hr>\n<p><\/p>\n<p>(b) On or after January 1, 2008 and if a Participant dies and a valid<br \/>\nelection was made under Section 6.1, the Beneficiary will be paid in the same<br \/>\nmanner as the Participant would have if he or she Terminated; the date of death<br \/>\nshall be deemed the Termination Date. If the Participant dies and no valid<br \/>\nelection was made, and the Participant153s Deferral Account balance is equal to or<br \/>\ngreater than $25,000 on the date of death, then the Beneficiary will receive the<br \/>\npayout in annual installments over the fifteen (15) year period beginning in<br \/>\nJanuary in the calendar year following the year of the Participant153s death. If,<br \/>\nhowever, such Deferral Account balance is less than $25,000 on the date of<br \/>\ndeath, then the Beneficiary shall receive a single lump sum in January of the<br \/>\nyear following the year of death.<\/p>\n<p>6.4 <u>Special Rules for Participants with Deferrals of LTPP Awards or NES<br \/>\nAwards<\/u>. In the event that the payout of a Deferral Account includes payout<br \/>\nunder a Participant153s LTPP Deferral Account or NES Deferral Account, then the<br \/>\npayout of an LTPP Deferral Account and\/or NES Deferral Account shall be made<br \/>\nsubject to such rules and procedures as may be established by Agilent. However,<br \/>\nany such rules and procedures shall not effect the form or commencement date of<br \/>\nthe benefit, unless otherwise required by law.<\/p>\n<p>6.5 <u>Special Rule for Director Service<\/u>. A Participant will be deemed to<br \/>\nhave Terminated if he or she ceases to be an employee of an Employer, but is<br \/>\nthen a Director of Agilent.<\/p>\n<p>6.6 <u>Specified Employees<\/u>. Notwithstanding any other Plan provision, no<br \/>\npayment to a &#8220;specified employee&#8221; (as defined in Treasury Regulation  \u00a7<br \/>\n1.409A-1(i)) shall commence earlier than six (6) months after the date of such<br \/>\nindividual153s Termination Date (except in the case of a Termination due to<br \/>\ndeath). The commencement of a validly elected payment should be delayed to the<br \/>\nday that is at least six (6) months after such Termination Date.<\/p>\n<p><strong><u>Section 7.<\/u><\/strong> <strong>Hardship Provision for<br \/>\nUnforeseeable Emergencies.<\/strong><\/p>\n<p>Neither the Participant nor his or her Beneficiary is eligible to withdraw<br \/>\namounts credited to a Deferral Account prior to the time specified in Section 6.<br \/>\nHowever, such credited amounts may be subject to early withdrawal if (1) an<br \/>\nunforeseeable emergency occurs that is caused by a sudden and unexpected illness<br \/>\nor accident of the Participant, the Participant153s spouse, the Beneficiary (if<br \/>\nthe Beneficiary is a natural person) or of a dependent (as defined in Section<br \/>\n152 of the Code without regard to Section 152(b)(1), (b)(2) or (d)(1)(B)) of the<br \/>\nParticipant, loss of the Participant153s property due to casualty, or other<br \/>\nsimilar extraordinary and unforeseeable circumstances arising as a result of<br \/>\nevents beyond the Participant153s control, (2) such circumstances would result in<br \/>\nsevere financial hardship to the individual if early withdrawal is not<br \/>\npermitted, and (3) any other requirements established under the Code and<br \/>\nregulations promulgated thereunder, are satisfied. A severe financial hardship<br \/>\nexists only when all other reasonably available financial resources have been<br \/>\nexhausted, including but not limited to (1) reimbursement or compensation by<br \/>\ninsurance or otherwise, (2) liquidation of the Participant153s assets, to the<br \/>\nextent that liquidation of such assets would not itself cause severe financial<br \/>\nhardship, or (3) cessation of deferrals under the Plan. Examples of what are not<br \/>\nconsidered to be unforeseeable emergencies include the need to send a<br \/>\nParticipant153s child to college or the desire to purchase a home.<\/p>\n<p align=\"center\">8<\/p>\n<hr>\n<p><\/p>\n<p>The Committee shall have sole discretion to determine whether to approve any<br \/>\nwithdrawal under this Section 7, which amount will be limited to the amount<br \/>\nnecessary to meet the emergency. The Committee153s decision is final and binding<br \/>\non all interested parties. A Participant who is then serving as a member of the<br \/>\nCommittee shall not vote on whether or not he or she is eligible for such a<br \/>\nwithdrawal under this Section 7.<\/p>\n<p><strong><u>Section 8.<\/u><\/strong> <strong>Designation of<br \/>\nBeneficiary.<\/strong><\/p>\n<p>The Participant shall, in accordance with procedures established by the<br \/>\nCommittee, (1) designate a Beneficiary hereunder, and (2) shall have the right<br \/>\nthereafter to change such designation. No Beneficiary designation shall be<br \/>\neffective unless it is in writing, on the form required by Agilent and provided<br \/>\nto the appropriate person at Agilent prior to the Participant153s death.<br \/>\nNotwithstanding the foregoing, with respect to an employee who became a Plan<br \/>\nParticipant during the Transition Period, all existing beneficiary designations<br \/>\non file with the HP Executive Deferred Compensation Plan or the Prior Plan shall<br \/>\nbe deemed and treated as designations under this Plan; provided, however, the<br \/>\nlast valid beneficiary designation on file shall govern. In the case of a<br \/>\nParticipant153s death, payment due under this Plan shall be made to the designated<br \/>\nBeneficiary or, in the absence of such designation, by will or the laws of<br \/>\ndescent and distribution in the Participant153s state of residence at the time of<br \/>\nhis or her death.<\/p>\n<p><strong><u>Section 9.<\/u><\/strong> <strong>Limitation on<br \/>\nAssignments.<\/strong><\/p>\n<p>Except to comply with a domestic relations order defined under Treasury<br \/>\nRegulation  \u00a7 1.409A-3(j)(4)(ii), benefits under this Plan are not subject to<br \/>\nanticipation, alienation, sale, transfer, assignment, pledge, encumbrance,<br \/>\nattachment or garnishments by creditors of the Participant or the Participant153s<br \/>\nBeneficiary and any attempt to do so shall be void.<\/p>\n<p><strong><u>Section 10.<\/u><\/strong> <strong>Administration.<\/strong><\/p>\n<p>10.1 <u>Administration by Committee<\/u>. The Committee shall administer the<br \/>\nPlan. Notwithstanding any provision of the Plan to the contrary, no member of<br \/>\nthe Committee shall be entitled to vote on any matter which would create a<br \/>\nsignificant risk that such member could be treated as being in constructive<br \/>\nreceipt of some or all of his or her Deferral Account. The Committee shall have<br \/>\nthe sole authority to interpret the Plan, to establish and revise rules and<br \/>\nregulations relating to the Plan and to make any other determinations that it<br \/>\nbelieves necessary or advisable for the administration of the Plan. Decisions<br \/>\nand determinations by the Committee shall be final and binding upon all parties,<br \/>\nincluding shareholders, Participants, Beneficiaries and other employees. The<br \/>\nCommittee may delegate its administrative responsibilities, as it deems<br \/>\nappropriate.<\/p>\n<p>10.2 <u>Claims and Appeals<\/u>. The claims and appeals provisions for the<br \/>\nPlan are set forth in the summary to the Plan that is provided to Participants.\n<\/p>\n<p>10.3 <u>Books and Records<\/u>. Books and records maintained for the purpose<br \/>\nof the Plan shall be maintained by the officers and employees of Agilent at its<br \/>\nexpense and subject to supervision and control of the Committee.<\/p>\n<p align=\"center\">9<\/p>\n<hr>\n<p><\/p>\n<p><strong><u>Section 11.<\/u><\/strong> <strong>No Funding Obligation.<\/strong>\n<\/p>\n<p>Agilent153s Consolidated Group is under no obligation to transfer amounts<br \/>\ncredited to the Participant153s Deferral Account to any trust or escrow account,<br \/>\nand Agilent153s Consolidated Group is under no obligation to secure any amount<br \/>\ncredited to a Participant153s Deferral Account by any specific assets of Agilent153s<br \/>\nConsolidated Group or any other asset in which Agilent153s Consolidated Group has<br \/>\nan interest. This Plan shall not be construed to require Agilent153s Consolidated<br \/>\nGroup to fund any of the benefits provided hereunder nor to establish a trust<br \/>\nfor such purpose. Agilent may make such arrangements as it desires to provide<br \/>\nfor the payment of benefits, including, but not limited to, the establishment of<br \/>\na grantor trust or such other equivalent arrangements as Agilent may decide. No<br \/>\nsuch arrangement shall cause the Plan to be a funded plan within the meaning of<br \/>\nTitle I of ERISA, nor shall any such arrangement change the nature of the<br \/>\nobligation of Agilent153s Consolidated Group nor the rights of the Participants<br \/>\nunder the Plan as provided in this document. Neither the Participant nor his or<br \/>\nher estate shall have any rights against Agilent153s Consolidated Group with<br \/>\nrespect to any portion of the Deferral Account except as a general unsecured<br \/>\ncreditor. No Participant has an interest in his or her Deferral Account until<br \/>\nthe Participant actually receives the deferred payment.<\/p>\n<p><strong><u>Section 12.<\/u><\/strong> <strong>Amendment and Termination of the<br \/>\nPlan.<\/strong><\/p>\n<p>Agilent, by action of the Committee, in its sole discretion may suspend or<br \/>\nterminate the Plan or revise or amend it in any respect whatsoever; provided,<br \/>\nhowever, that amounts already credited to Deferral Accounts will continue to be<br \/>\nowed to the Participants or Beneficiaries and will continue to accrue Earnings<br \/>\nand continue to be a liability of Agilent. The Committee may, in its discretion,<br \/>\nterminate the Plan in accordance with Section 409A of the Code and the<br \/>\nregulations promulgated thereunder, for any reason including a Change in<br \/>\nControl. Participants or Beneficiaries will be given notice prior to the<br \/>\ndiscontinuance of the Plan or reduction of any benefits provided by the Plan.<br \/>\nNotwithstanding any other provision of the Plan, Agilent may without Participant<br \/>\nor Beneficiary consent amend the Plan or change the Plan153s administrative rules<br \/>\nand procedures or modify the terms of a deferral election to comply with Section<br \/>\n409A of the Code.<\/p>\n<p><strong><u>Section 13.<\/u><\/strong> <strong>Tax Withholding.<\/strong><\/p>\n<p>Agilent153s Consolidated Group may withhold Taxes from any cash payment made or<br \/>\nShares distributed under the Plan or Bonus plan or arrangement, owing as a<br \/>\nresult of any deferral or payment hereunder, as Agilent deems appropriate in its<br \/>\nsole discretion. If, with respect to the pay period within which a deferral,<br \/>\npayment or Bonus is made under the Plan or Bonus plan or arrangement, or the<br \/>\nParticipant receives insufficient actual cash compensation to cover such Taxes,<br \/>\nthen Agilent153s Consolidated Group may withhold any remaining Taxes owing from<br \/>\nthe deferred amount or Participant153s subsequent cash compensation received,<br \/>\nuntil such Tax obligation is satisfied, or otherwise make appropriate<br \/>\narrangements with the Participant or Beneficiary for satisfaction of such<br \/>\nobligation.<\/p>\n<p align=\"center\">10<\/p>\n<hr>\n<p><strong><u>Section 14.<\/u><\/strong> <strong>Applicable Law.<\/strong><\/p>\n<p>This Plan, and all rights under this Plan, shall be interpreted and construed<br \/>\nin accordance with ERISA, as applicable, and, to the extent not preempted, the<br \/>\nlaw of the State of California, unless otherwise stated in the Plan. This Plan<br \/>\nis intended to comply, and shall be interpreted as necessary to comply, with<br \/>\nSection 409A of the Code and the regulations promulgated thereunder. Any<br \/>\nprovision of the Plan that is noncompliant with Code Section 409A is void or<br \/>\ndeemed amended to comply with Code Section 409A. Agilent does not guarantee or<br \/>\nwarrant the tax consequences of any payment under this Plan and the Participants<br \/>\nshall in all cases be liable for any taxes due with respect to the Plan.<\/p>\n<p><strong><u>Section 15.<\/u><\/strong> <strong>Notice.<\/strong><\/p>\n<p>Any written notice to Agilent required by any of the provisions of this Plan<br \/>\nshall be addressed to the chief personnel officer of Agilent or his or her<br \/>\ndelegate and shall become effective when it is received.<\/p>\n<p><strong><u>Section 16.<\/u><\/strong> <strong>No Employment Rights.<\/strong>\n<\/p>\n<p>Nothing in the Plan, nor any action of Agilent pursuant to the Plan, shall be<br \/>\ndeemed to give any person any right to remain in the employ of Agilent153s<br \/>\nConsolidated Group or affect the right of Agilent to terminate a person153s<br \/>\nemployment at any time and for any reason.<\/p>\n<p><strong><u>Section 17.<\/u><\/strong> <strong>Severability of<br \/>\nProvisions.<\/strong><\/p>\n<p>If any particular provision of this Plan is found to be invalid or<br \/>\nunenforceable, such provision shall not affect any other provisions of the Plan,<br \/>\nbut the Plan shall be construed in all respects as if such invalid provision had<br \/>\nbeen omitted.<\/p>\n<p><strong><u>Section 18.<\/u><\/strong> <strong>Rollovers from other<br \/>\nPlans.<\/strong><\/p>\n<p>18.1 <u>Discretion to Accept<\/u>. The Committee shall have complete authority<br \/>\nand discretion, but no obligation, to allow the Plan to create Deferral Accounts<br \/>\nfor Rollover Participants and credit such accounts with amounts to reflect the<br \/>\nRollover Participant153s deferral account in a Rollover Plan. The amounts credited<br \/>\nto such Deferral Accounts are fully subject to the provisions of this Plan.<br \/>\nReference in the Plan to such a crediting as a &#8220;rollover&#8221; or &#8220;transfer&#8221; of<br \/>\nassets from a Rollover Plan is nominal in nature, and confers no additional<br \/>\nrights upon a Rollover Participant other than those specifically set forth in<br \/>\nthe Plan.<\/p>\n<p>18.2 <u>Status of Rollover Participants<\/u>. A Rollover Participant and his<br \/>\nor her Beneficiary are fully subject to the provisions of this Plan, except as<br \/>\notherwise expressly set forth herein. A Rollover Participant who is not already<br \/>\na Participant in the Plan and is not otherwise eligible to participate in the<br \/>\nPlan at the time of rollover, shall not be entitled to make any additional<br \/>\ndeferrals under the Plan unless and until he or she has become an Eligible<br \/>\nEmployee under the terms of the Plan.<\/p>\n<p>18.3 <u>Payment to Rollover Participants<\/u>. If at the time of rollover or<br \/>\ntransfer, payments from a Rollover Participant153s account in a Rollover Plan have<br \/>\nalready commenced from a<\/p>\n<p align=\"center\">11<\/p>\n<hr>\n<p><\/p>\n<p>Rollover Plan, he or she shall continue to receive such payments in<br \/>\naccordance with the form and timing of payment provisions of such plan. lf a<br \/>\nRollover Participant is not yet eligible to receive payments from the Rollover<br \/>\nPlan at the time of the rollover or transfer, he or she is bound by the payout<br \/>\nprovisions of this Plan.<\/p>\n<p><strong><u>Section 19.<\/u><\/strong> <strong>Definitions.<\/strong><\/p>\n<p>19.1 <u>Agilent<\/u> means Agilent Technologies, Inc., a Delaware corporation.\n<\/p>\n<p>19.2 <u>Agilent153s Consolidated Group<\/u> means Agilent or any business entity<br \/>\nwithin the Agilent <u>consolidated<\/u> group<\/p>\n<p>19.3 <u>Aggregate Deferral Account Balance<\/u> means the sum of the Deferral<br \/>\nAccount and any other plan or arrangement with respect to which deferrals of<br \/>\ncompensation are treated as having been deferred under a single nonqualified<br \/>\ndeferred compensation plan under Treasury Regulation  \u00a7 1.409A-1(c)(2).<\/p>\n<p>19.4 <u>Base Pay<\/u> means the annual base salary rate of cash compensation<br \/>\nfor employees on the U.S. payroll of Agilent, excluding bonuses, incentive<br \/>\ncompensation, commissions, overtime pay, Bonuses, severance payments, shift<br \/>\ndifferential, payments under the Agilent Technologies, Inc. Disability Plan or<br \/>\nany other additional compensation.<\/p>\n<p>19.5 <u>Base Pay Deferral Account<\/u> means the sub-account of the Deferral<br \/>\nAccount that includes (i) the sum of amounts credited to Participant153s Base Pay<br \/>\nDeferral Account under Section 4, plus (ii) amounts credited (net of amounts<br \/>\ndebited) in accordance with all the applicable crediting provisions of this Plan<br \/>\nthat relate to the Participant153s Base Pay Deferral Account, less (iii) all<br \/>\ndistributions made to the Participant or his or her Beneficiary pursuant to this<br \/>\nPlan that relate to the Participant153s Base Pay Deferral Account.<\/p>\n<p>19.6 <u>Eligibility Pay Threshold<\/u> means the amount defined in Section<br \/>\n401(a)(17) of the Code, as adjusted by the Secretary of the Treasury under<br \/>\nSection 415(d) of the Code, in effect on January 1st of the calendar year for<br \/>\nwhich amounts are to be deferred.<\/p>\n<p>19.7 <u>Beneficiary<\/u> means the person or persons designated by a<br \/>\nParticipant pursuant to Section 8, in accordance with and accepted by Agilent,<br \/>\nto receive any amounts payable under the Plan in the event of the Participant153s<br \/>\ndeath.<\/p>\n<p>19.8 <u>Bonus<\/u> shall have the same meaning as an &#8220;Award&#8221; as set forth in<br \/>\nthe Agilent Technologies, Inc. 2010 Performance-Based Compensation Plan for<br \/>\nCovered Employees, as amended from time to time, a Pay-For-Results Bonus, or any<br \/>\nother management bonus plan or arrangement that provides a bonus compensation<br \/>\nopportunity to Eligible Employees as defined by the Committee from time to time.<br \/>\nBonus does not include any sales incentive compensation or commission.<\/p>\n<p>19.9 <u>Bonus Deferral Account<\/u> means the sub-account of the Deferral<br \/>\nAccount that includes (i) the sum of amounts credited to Participant153s Bonus<br \/>\nDeferral Account under Section 4, plus (ii) amounts credited (net of amounts<br \/>\ndebited) in accordance with all the applicable crediting provisions of this Plan<br \/>\nthat relate to the Participant153s Bonus Deferral Account, less (iii)<\/p>\n<p align=\"center\">12<\/p>\n<hr>\n<p><\/p>\n<p>all distributions made to the Participant or his or her Beneficiary pursuant<br \/>\nto this Plan that relate to the Participant153s Bonus Deferral Account.<\/p>\n<p>19.10 <u>Change in Control means the occurrence of any of the following<br \/>\nevents:<\/u><\/p>\n<p>(a) The sale, exchange, lease or other disposition or transfer of all or<br \/>\nsubstantially all of the consolidated assets of Agilent to a person or group (as<br \/>\nsuch terms are defined or described in Treasury Regulation  \u00a7<br \/>\n1.409A-3(i)(5)(v)(B)) which will continue the business of Agilent in the future;<br \/>\nor<\/p>\n<p>(b) A merger or consolidation involving Agilent in which a person or group<br \/>\n(as such terms are defined or described in Treasury Regulation  \u00a7<br \/>\n1.409A-3(i)(5)(v)(B)) acquires more than 75% of the total voting power of the<br \/>\noutstanding voting securities of Agilent resulting from such transaction in<br \/>\nsubstantially the same proportion as their ownership of the total voting power<br \/>\nof the outstanding voting securities of Agilent immediately prior to such merger<br \/>\nor consolidation; or<\/p>\n<p>(c) The acquisition of ownership in which a person or group (as such terms<br \/>\nare defined or described in Treasury Regulation  \u00a7 1.409A-3(i)(5)(v)(B)) acquires<br \/>\nduring the 12-month period ending on the date of the most recent acquisition by<br \/>\nsuch person or persons at least 30% of the total voting power of the outstanding<br \/>\nvoting securities of Agilent.<\/p>\n<p>19.11 <u>Code<\/u> means the Internal Revenue Code of 1986, as amended from<br \/>\ntime to time.<\/p>\n<p>19.12 <u>Committee<\/u> means the Compensation Committee of the Board of<br \/>\nDirectors of Agilent or its delegate(s).<\/p>\n<p>19.13 <u>Covered Officer<\/u> shall have the same meaning as &#8220;covered<br \/>\nemployee&#8221; does under Section 162(m) of the Code.<\/p>\n<p>19.14 <u>Deferral Account<\/u> means the account balance of a Participant in<br \/>\nthe Plan created from Deferred Amounts, any company contributions or from a<br \/>\ncredit to a Participant153s account from a Rollover Plan, and the Earnings thereon<br \/>\nprior to a payout to the Participant.<\/p>\n<p>19.15 <u>Deferred Amount<\/u> means the amount the Participant elects to have<br \/>\ndeferred from Base Pay and\/or a Bonus, pursuant to Section 3, LTPP Award(s) the<br \/>\nParticipant elects to have deferred, NES Award(s) the Participant elects to have<br \/>\ndeferred, or company contributions.<\/p>\n<p>19.16 <u>Earnings<\/u> means the deemed return on investment (or charge on<br \/>\ninvestment loss) allocated to a Participant153s Deferral Account, based on the<br \/>\nreturn of the Hypothetical Investment Options.<\/p>\n<p>19.17 <u>Eligible Employee<\/u> means an employee on the U.S. payroll of<br \/>\nAgilent153s Consolidated Group who has a Base Pay rate plus Pay-For-Results Bonus<br \/>\nduring the year in which the election is made as specified in Section 3 equal to<br \/>\nor in excess of the Eligibility Pay Threshold and who Agilent notifies is<br \/>\neligible to participate in the Plan.<\/p>\n<p align=\"center\">13<\/p>\n<hr>\n<p><\/p>\n<p>19.18 <u>Employer<\/u> means Agilent or any of its affiliates as determined<br \/>\nunder Treasury Regulation  \u00a7 1.409A-1(h)(3).<\/p>\n<p>19.19 <u>ERISA<\/u> means the Employee Retirement Income Security Act of 1974,<br \/>\nas amended from time to time.<\/p>\n<p>19.20 <u>Exchange Act<\/u> means the Securities Exchange Act of 1934, as<br \/>\namended from time to time.<\/p>\n<p>19.21 <u>HP<\/u> means Hewlett-Packard Company, a Delaware corporation.<\/p>\n<p>19.22 <u>Hypothetical Investment Options<\/u> means those options listed in<br \/>\nAppendix A of this Plan. Said options are at the sole discretion of and subject<br \/>\nto amendment or termination by the Committee.<\/p>\n<p>19.23 <u>In-Service Distribution Account<\/u> means a sub-account of the<br \/>\nDeferral Account, which may include amounts from a Participant153s Base Pay<br \/>\nDeferral Account, Bonus Deferral Account, LTPP Deferral Account and NES Award<br \/>\nAccount, that is payable on an In-Service Distribution Date.<\/p>\n<p>19.24 <u>In-Service Distribution Date<\/u> means a Payout Commencement Date<br \/>\nfor a Participant153s In-Service Distribution Account, which date must be either<br \/>\nJanuary 1 or July 1 of a calendar year that follows the calendar year in which<br \/>\nan amount was first deferred into the In-Service distribution Account.<\/p>\n<p>19.25 <u>LTPP<\/u> means the Agilent Technologies, Inc. Long-Term Performance<br \/>\nPlan, as it may be amended from time to time.<\/p>\n<p>19.26 <u>LTPP Award<\/u> means any award to be delivered to a Participant at<br \/>\nthe end of a performance period under the terms of the LTPP.<\/p>\n<p>19.27 <u>LTPP Deferral Account<\/u> means the sub-account of the Deferral<br \/>\nAccount that includes (i) the LTPP Awards credited to Participant153s LTPP<br \/>\nDeferral Account under Section 4, plus (ii) amounts credited (net of amounts<br \/>\ndebited) in accordance with all the applicable crediting provisions of this Plan<br \/>\nthat relate to the Participant153s LTPP Deferral Account, less (iii) all<br \/>\ndistributions made to the Participant or his or her Beneficiary pursuant to this<br \/>\nPlan that relate to the Participant153s LTPP Deferral Account.<\/p>\n<p>19.28 <u>NES<\/u> means the New Executive Stock Award granted to an executive<br \/>\nunder the Agilent Technologies, Inc. 1999 Stock Plan, or any successor plan<br \/>\nthereto.<\/p>\n<p>19.29 <u>NES Award<\/u> means any award to be delivered to a Participant at<br \/>\nthe end of a performance period under the terms of the NES Agreement.<\/p>\n<p>19.30 <u>NES Deferral Account<\/u> means the sub-account of the Deferral<br \/>\nAccount that includes (i) the NES Awards credited to the Participant153s NES<br \/>\nDeferral Account under Section 4 plus (ii) amounts credited (net of amounts<br \/>\ndebited) in accordance with all applicable crediting provisions of this Plan<br \/>\nthat relate to the Participant153s NES Deferral Account, less (iii) all<\/p>\n<p align=\"center\">14<\/p>\n<hr>\n<p><\/p>\n<p>distributions made to the Participant or his Beneficiary pursuant to this<br \/>\nPlan that relate to the Participant153s NES Deferral Account.<\/p>\n<p>19.31 <u>Pay-For Results Bonus<\/u> means &#8220;Variable Payment&#8221; and &#8220;Variable<br \/>\nPay&#8221; as set forth in the Agilent Technologies, Inc. Pay-For-Results Plan for<br \/>\nNon-Covered Employees, as amended from time to time.<\/p>\n<p>19.32 <u>Participant<\/u> means any individual who has a Deferral Account<br \/>\nunder the Plan or who is receiving or entitled to receive benefits under the<br \/>\nPlan. The term Participant also refers to a Rollover Participant, except where<br \/>\nexpressly provided otherwise.<\/p>\n<p>19.33 <u>Payout Commencement Date<\/u> means the date upon which a payment to<br \/>\na Participant of an amount credited to his or her Deferral Account first<br \/>\ncommences.<\/p>\n<p>19.34 <u>Performance Based Compensation<\/u> means, as defined in Section<br \/>\n409A, compensation the amount of which, or entitlement to which, is contingent<br \/>\non the satisfaction of preestablished organizational or individual performance<br \/>\ncriteria relating to a performance period of at least 12 consecutive months.<br \/>\nOrganizational or individual performance criteria are considered preestablished<br \/>\nif established in writing by not later than 90 days after the commencement of<br \/>\nthe period of service to which the criteria relates, provided that the outcome<br \/>\nis substantially uncertain at the time the criteria are established. At the time<br \/>\nof the deferral election, in order for the election to be in compliance with<br \/>\nCode Section 409A, (i) the Participant must perform services continuously for<br \/>\nthe period beginning on the later of the first day of the performance period or<br \/>\nthe date the performance criteria are established, and ending on the date of<br \/>\nelection with respect to the performance based compensation and (ii) the<br \/>\nelection must not be made after the amount of the performance based compensation<br \/>\nbecomes reasonably ascertainable.<\/p>\n<p>19.35 <u>Plan<\/u> means the Agilent Technologies, Inc. 2005 Deferred<br \/>\nCompensation Plan.<\/p>\n<p>19.36 <u>Prior Plan<\/u> means the Agilent Technologies, Inc. Deferred<br \/>\nCompensation Plan.<\/p>\n<p>19.37 <u>Rollover Participant<\/u> means an individual with a Deferral Account<br \/>\nin the Plan transferred from a Rollover Plan in accordance with the provisions<br \/>\nof Section 18. The term Rollover Participant may also refer to an individual who<br \/>\nhas previously been a Participant in the Plan, or an existing Participant at the<br \/>\ntime of transfer.<\/p>\n<p>19.38 <u>Rollover Plan<\/u> means the nonqualified deferred compensation plan<br \/>\nof a business entity acquired by Agilent through acquisition of a majority of<br \/>\nthe voting interest in, or substantially all of the assets of, such entity.<\/p>\n<p>19.39 <u>Shares<\/u> means shares of the common stock of Agilent.<\/p>\n<p>19.40 <u>Tax or (Taxes)<\/u> means any federal, state, local, or any other<br \/>\ngovernmental income tax, employment tax, payroll tax, excise tax, or any other<br \/>\ntax or assessment owing with respect to amounts deferred, any Earnings thereon,<br \/>\nor any payments made to Participants or Beneficiaries under the Plan.<\/p>\n<p align=\"center\">15<\/p>\n<hr>\n<p><\/p>\n<p>19.41 <u>Termination<\/u> or <u>Terminates<\/u> means a separation from service<br \/>\nwithin the meaning of Treasury Regulation  \u00a7 1.409A-1(h). A Participant shall not<br \/>\nbe deemed to have separated from service if the Participant continues to provide<br \/>\nservices to an Employer at an annual rate that is fifty percent or more of the<br \/>\nservices rendered, on average, during the immediately preceding three full years<br \/>\nof employment with the Employer (or if employed by the Employer less than three<br \/>\nyears, such lesser period); provided, however, that a separation from service<br \/>\nwill be deemed to have occurred if a Participant153s service with an Employer is<br \/>\nreduced to an annual rate that is less than twenty percent of the services<br \/>\nrendered, on average, during the immediately preceding three full years of<br \/>\nemployment with the Employer (or if employed by the Employer less than three<br \/>\nyears, such lesser period).<\/p>\n<p>19.42 <u>Termination Date<\/u> means the date on which the Participant<br \/>\nTerminates employment.<\/p>\n<p>19.43 <u>Termination Year<\/u> means the calendar year within which a<br \/>\nParticipant153s Termination Date falls.<\/p>\n<p>19.44 <u>Transition Period<\/u> means the period commencing with the beginning<br \/>\nof Agilent153s Payroll Date, and ending on the Distribution Date (as such terms<br \/>\nare defined in the Master Separation and Distribution Agreement between HP and<br \/>\nAgilent, effective August 12, 1999).<\/p>\n<p><strong><u>Section 20.<\/u><\/strong> <strong>Execution.<\/strong><\/p>\n<p>IN WITNESS WHEREOF, Agilent has caused this amended and restated Plan to be<br \/>\nduly adopted by the undersigned this 8th day of October, 2010, effective as of<br \/>\nJanuary 1. 2011.<\/p>\n<p><strong>Agilent Technologies, Inc.<\/strong><\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"4%\" valign=\"top\">\n<p>By:<\/p>\n<\/td>\n<td width=\"45%\" valign=\"top\">\n<p>\/s\/ Marie Oh Huber<\/p>\n<\/td>\n<td width=\"50%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"4%\" valign=\"top\"><\/td>\n<td width=\"45%\" valign=\"top\">\n<p>Marie Oh Huber<\/p>\n<\/td>\n<td width=\"50%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"4%\" valign=\"top\"><\/td>\n<td width=\"45%\" valign=\"top\">\n<p>Senior Vice President, General Counsel and Secretary<\/p>\n<\/td>\n<td width=\"50%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"4%\" valign=\"top\"><\/td>\n<td width=\"45%\" valign=\"top\">\n<p>Agilent Technologies, Inc.<\/p>\n<\/td>\n<td width=\"50%\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">16<\/p>\n<hr>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[6595],"corporate_contracts_industries":[9514],"corporate_contracts_types":[9539,9542],"class_list":["post-38740","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-agilent-technologies-inc","corporate_contracts_industries-technology__test","corporate_contracts_types-compensation","corporate_contracts_types-compensation__deferred"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/38740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=38740"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=38740"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=38740"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=38740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}