Notice to Employees and Eligible Employees of United Technologies Corporation

This document is about a notice to employees and eligible employees of United Technologies Corporation (UTC) regarding an application for authorization under Prohibited Transaction Exemption 96-62 to allow the reinsurance of risks and receipt of premiums by UT Insurance (Vermont) Inc. (UTIV), UTC's captive insurance company, for the group term life, accidental death and dismemberment, and long-term disability insurance benefits offered under UTC's non-union Group Term Life, Accidental Death & Dismemberment, and Long Term Disability Programs. The notice outlines the proposed transaction, the parties involved, the benefit improvements that will be provided, and the employee's right to comment on the tentative authorization.