LETTER 9

Savings Plan

Mr. James M. Parent

Assistant Directing Business Representative

District Lodge No. 26

I.A.M.A.W., AFL-CIO

365 New Britain Road

Kensington, Connecticut 06037

Dear Mr. Parent:

This is to confirm the understanding and agreement between the Company and the Union concerning amendments to be made to the Savings Plan referred to in Article 22.

Effective December 6, 2004:

Continue Savings Plan provisions as follows:

a)                 Employees may elect to put all or part (in whole dollar amounts) of their contributions into the plan on a before-tax basis in accordance with Section 401(k) of the Internal Revenue Code.

b)                 Employees may transfer their savings plan account balances only out of the UTC Represented Employee Savings Plan (and only if they do not participate in the Individual Medical Account - IMA) into the salary savings plan if they are transferred out of the bargaining unit (because salary match is an ESOP).

c)                  Employees may continue to invest money in the funds available under the UTC Represented Employee Savings Plan.

d)                 Employees may transact plan transfers of part or all of their account values, in one percent (1%) increments (with a $250 minimum), from one investment fund to another in accordance with the plan design.  Contributions into accounts (funds) may be directed in one percent (1%) increments.

e)                  Account balances can be paid in monthly, quarterly or annual installments which will be paid over a period of two (2) to twenty (20) years after retirement.  Once installments start, the amount of each payment is determined by the size of the account balance divided by the number of annual installments remaining to be paid.  Subject to the following limitations:

f)                   Eligible Rule of 65 participants and retirees may leave balances in the UTC Represented Employee Savings Plan and take partial withdrawals.  These partial withdrawals can occur in conjunction with installment payments.

g)                 Former employees and retirees, may leave account balances over $5,000 in the plan until April 1 following the calendar year in which they reach age 70-1/2 at which time payments must start.

h)                 Active savings plan members may transfer the taxable portion of their distribution from a qualified savings plan of a former employer into the UTC Represented Employee Savings Plan provided that a lump sum distribution is the normal form of distribution under such other plan.

i)                   The UTC Represented Employee Savings Plan loan feature will continue.  Employees may borrow up to 50% of their savings plan balance if they have been a plan participant for two (2) years and have a savings plan balance of at least $2,000.  The minimum amount which can be borrowed is $1,000 and the maximum loan amount is $50,000.  Loans involve no tax penalty or suspension of savings, as long as it is paid back.  Payment is by payroll deduction or direct payment if payroll deduction is not possible.  The loan period is 1, 2, 3, 4, or 5 years with monthly increments.  Full or partial prepayment can be made at any time.  The interest paid on the loan is the prime rate as published in the Wall Street Journal plus one percent (1%) fixed for the term of the loan.  All payments, including interest, go into the employee’s account.  A loan processing fee will be charged.  Employees may have only one loan open at a time.

j)                   Employees will have the ability to use the touchtone telephone information system.  The system requires every employee to select a confidential personal identification number (PIN).  The use of this PIN and social security number (SSN) will allow employees to obtain savings plan account balances, current investment fund balances and fund performance, amounts available for withdrawal, general plan information and to process savings plan loans, inter fund transfers, and payroll deduction amounts.

Effective January 1, 2005:

a)                 The maximum employee matched contribution shall be increased to $54 per week.

b)                 Employees may contribute $1-$86 per week, unmatched, to the Savings Plan in addition to their matched contribution.

c)                  Former employees and retirees, may leave account balances over $5,000 in the plan until April 1 following the calendar year in which they reach age 70-1/2 at which time payments must start.

Effective January 1, 2006:

a)                 The maximum employee matched contribution shall be increased to $56 per week.

b)                 Employees may contribute $1-$88 per week, unmatched, to the Savings Plan in addition to their matched contribution.

Effective January 1, 2007:

a)                 The maximum employee matched contribution shall be increased to $58 per week.

b)                 Employees may contribute $1-$90 per week, unmatched, to the Savings Plan in addition to their matched contribution.

Sincerely,

James R. Miller

Vice President, Industrial Relations

Accepted this 6th day of December 2004