Item 5.02   Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 27, 2020, the Compensation Committee of the Board of Directors (the
"Committee") of L3Harris Technologies, Inc. (the "Company") adopted the L3Harris
Technologies, Inc. Executive Change in Control Severance Plan (the "CIC
Severance Plan"), which became effective as of March 1, 2020, and the Committee
approved the participation of, and severance benefits for, executive officers
and other executives of the Company under the L3Harris Technologies, Inc.
Severance Pay Plan (the "Severance Pay Plan"), which was adopted by the Company
effective as of March 1, 2020.
Change in Control Severance Benefits
The CIC Severance Plan provides severance benefits to officers (including
executive officers) and certain other executives of the Company in the event of
a qualifying termination in connection with a "change in control" (as defined in
the CIC Severance Plan). Individuals who, as of March 1, 2020, are party to a
Harris Corporation Executive Change in Control Severance Agreement or covered by
the L3 Technologies, Inc. Amended and Restated Change in Control Severance Plan
(collectively, the "Legacy CIC Arrangements") will become participants in the
CIC Severance Plan after their Legacy CIC Arrangement expires; provided that the
Company's CEO and COO on January 1, 2020 (William M. Brown and Christopher E.
Kubasik, respectively) will not be included as participants in the CIC Severance
Plan unless otherwise expressly designated by the Committee as participants in
the future.
Under the CIC Severance Plan, if a participant's employment is terminated by the
Company without "cause" or by the participant for "good reason" (each, as
defined in the CIC Severance Plan) during the two-year period following a change
in control, the Company will provide to the participant, subject to the
participant's execution of a release of claims: (i) a lump sum cash payment
equal to a multiple (two times in the case of employees at the officer level,
including executive officers) of the participant's base salary and target bonus;
(ii) a lump sum cash payment equal to the participant's pro-rata target bonus;
(iii) continued participation in the Company's group medical, dental and vision
plans for the number of years equal to the applicable severance multiple; and
(iv) if immediately prior to the date of termination or change in control, the
participant is eligible for professional finance and tax planning assistance
services offered by the Company, continued participation in such services for
the balance of the calendar year in which the termination occurs and the
calendar year thereafter.
Severance Benefits
Upon an involuntary termination of employment by the Company without cause, the
Severance Pay Plan provides for severance benefits for regular, full-time
employees of the Company, subject to a waiver and release, including the
following severance benefits for employees at the officer level (including
executive officers): (a) a lump sum cash payment equal to the participant's base
pay (as determined under the Severance Pay Plan) and annual bonus target and (b)
twelve months of COBRA coverage at active employee rates. Participants who are
entitled to other severance benefits under an individual agreement or a plan,
policy or other arrangement that provides for severance benefits (including
severance benefits in connection with a change in control under the CIC
Severance Plan or Legacy CIC Arrangements) will not be entitled to severance
under the Severance Pay Plan.
The foregoing descriptions of the CIC Severance Plan and the Severance Pay Plan
are summaries and are qualified in their entirety by reference to the full text
of the CIC Severance Plan and the Severance Pay Plan, respectively, which are
attached hereto as Exhibits 10.1 and 10.2, respectively, and incorporated herein
by reference.


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.



   The following exhibit is filed herewith:
Exhibit
Number  Description
10.1      L3Harris Technologies, Inc. Executive Change in Control Severance Plan,
        effective as of March 1, 2020.
10.2      L3Harris Technologies, Inc. Severance Pay Plan, effective as of March 1,
        2020.
104     Cover Page Interactive Data File formatted in Inline XBRL



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