Participant Uses in Deferral Accounts Clause

Deferral Accounts from Deferred Compensation Plan

The purpose of the IR Executive Deferred Compensation Plan II (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand Company (the Company), its employees, the employees of a Participating Employer and members of Ingersoll-Rand plc by providing a select group of management and highly compensated employees of the Company or a Participating Employer the opportunity to elect to defer receipt of cash compensation. The Plan shall be unfunded for tax purposes and for purposes of Title I of ERISA. To the extent Code Section 409A applies to the Plan, the terms of the Plan are intended to comply with that provision, and the terms of the Plan shall be interpreted and administered in accordance therewith.

Deferral Accounts. The Administrative Committee shall establish and maintain a separate Deferral Account for each Participant for each Plan Year. All Deferral Amounts, other than Stock Based Awards and Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Stock Based Awards and Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 6.4. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows:

Deferral Accounts from Amended and Restated

The purpose of the IR-plc Director Deferred Compensation and Stock Award Plan (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand plc, an Irish company (the Company), its non-employee members of the Board (Non-employee Directors) and members by providing its Non-employee Directors the opportunity to elect to defer receipt of cash compensation. The Plan, originally known as the Ingersoll-Rand Company Directors Deferred Compensation and Stock Award Plan, became effective on January 1, 1997, was amended and restated effective January 1, 2001, was subsequently amended as of December 21, 2001, was again amended and restated effective August 1, 2007 and January 1, 2009. This further amendment and restatement is effective July 1, 2009.

Deferral Accounts. The Company shall establish and maintain a separate Deferral Account for Participant (organization) values">each Participant for each Plan Year. All Deferral Amounts, other than Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 5.3. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows: On the day a Deferral Amount is credited to a Participants Deferral Account, the Administrative Committee shall credit the Investment Option Subaccounts of the Participants Deferral Account with an amount equal to the Participants Deferral Amount in accordance with the Participants Election Form; that is, the portion of the Participants Deferral Amount that the Participant has elected to be deemed to be invested in a certain type of investment option shall be credited to the Investment Option Subaccount corresponding to that investment option, and Each business day, each Investment Option Subaccount of a Participants Deferral Account shall be adjusted for earnings or losses in an amount equal to that determined by multiplying the balance credited to such Investment Option Subaccount as of the prior day plus contributions credited that day to the Investment Option Subaccount by the Return for the corresponding investment option selected by the Company.

Deferral Accounts from Amended and Restated

The purpose of the IR plc Director Deferred Compensation and Stock Award Plan II (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand plc, an Irish company (the Company), its non-employee members of the Board (Non-employee Directors) and members by providing its Non-employee Directors the opportunity to elect to defer receipt of cash compensation. The Plan shall be unfunded for tax purposes. To the extent Code Section 409A applies to the Plan, the terms of the Plan are intended to comply with that provision, and the terms of the Plan shall be interpreted and administered in accordance therewith.

Deferral Accounts. The Company shall establish and maintain a separate Deferral Account for each Participant for each Plan Year. All Deferral Amounts, other than Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock and Fees deferred under Section 5.7, shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 5.3. All Fees deferred under Section 5.7 shall be credited to the Participants Deferred IR Stock Award Account as described in Section 5.7. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows: On the day a Deferral Amount is credited to a Participants Deferral Account, the Administrative Committee shall credit the Investment Option Subaccounts of the Participants Deferral Account with an amount equal to the Participants Deferral Amount in accordance with the Participants Election Form; that is, the portion of the Participants Deferral Amount that the Participant has elected to be deemed to be invested in a certain type of investment option shall be credited to the Investment Option Subaccount corresponding to that investment option, and Each business day, each Investment Option Subaccount of a Participants Deferral Account shall be adjusted for earnings or losses in an amount equal to that determined by multiplying the balance credited to such Investment Option Subaccount as of the prior day plus contributions credited that day to the Investment Option Subaccount by the Return for the corresponding investment option selected by the Company.

Deferral Accounts from Deferred Compensation Plan

The purpose of the IR Executive Deferred Compensation Plan (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand Company (the Company), its employees, the employees of a Participating Employer and members of Ingersoll-Rand plc by providing a select group of management and highly compensated employees of the Company or a Participating Employer the opportunity to elect to defer receipt of cash compensation. The Plan shall be unfunded for tax purposes and for purposes of Title I of ERISA. The Plan, originally known as the Ingersoll-Rand Company Executive Deferred Compensation and Stock Bonus Plan, became effective on January 1, 1997, was amended and restated effective January 1, 2001, and again effective August 1, 2007 and January 1, 2009. This further amendment and restatement is effective July 1, 2009.

Deferral Accounts. The Administrative Committee shall establish and maintain a separate Deferral Account for each Participant for each Plan Year. All Deferral Amounts, other than Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 6.4. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows:

Deferral Accounts from Amended and Restated

The purpose of the IR-Limited Director Deferred Compensation and Stock Award Plan (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand Company Limited, a Bermuda company (the Company), its non-employee members of the Board (Non-employee Directors) and members by providing its Non-employee Directors the opportunity to elect to defer receipt of cash compensation. The Plan, originally known as the Ingersoll-Rand Company Directors Deferred Compensation and Stock Award Plan, became effective on January 1, 1997, was amended and restated effective January 1, 2001, was subsequently amended as of December 21, 2001, and was again amended and restated effective August 1, 2007. This further amendment and restatement is effective January 1, 2009.

Deferral Accounts. The Company shall establish and maintain a separate Deferral Account for Participant (organization) values">each Participant for each Plan Year. All Deferral Amounts, other than Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 5.3. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows: On the day a Deferral Amount is credited to a Participants Deferral Account, the Administrative Committee shall credit the Investment Option Subaccounts of the Participants Deferral Account with an amount equal to the Participants Deferral Amount in accordance with the Participants Election Form; that is, the portion of the Participants Deferral Amount that the Participant has elected to be deemed to be invested in a certain type of investment option shall be credited to the Investment Option Subaccount corresponding to that investment option, and Each business day, each Investment Option Subaccount of a Participants Deferral Account shall be adjusted for earnings or losses in an amount equal to that determined by multiplying the balance credited to such Investment Option Subaccount as of the prior day plus contributions credited that day to the Investment Option Subaccount by the Return for the corresponding investment option selected by the Company.

Deferral Accounts from Deferred Compensation Plan

The purpose of the IR Executive Deferred Compensation Plan II (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand Company (the Company), its employees, the employees of a Participating Employer and members of Ingersoll-Rand Company Limited by providing a select group of management and highly compensated employees of the Company or a Participating Employer the opportunity to elect to defer receipt of cash compensation. The Plan shall be unfunded for tax purposes and for purposes of Title I of ERISA. To the extent Code Section 409A applies to the Plan, the terms of the Plan are intended to comply with that provision, and the terms of the Plan shall be interpreted and administered in accordance therewith.

Deferral Accounts. The Administrative Committee shall establish and maintain a separate Deferral Account for each Participant for each Plan Year. All Deferral Amounts, other than Stock Based Awards and Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Stock Based Awards and Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 6.4. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows:

Deferral Accounts from Deferred Compensation Plan

The purpose of the IR Executive Deferred Compensation Plan (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand Company (the Company), its employees, the employees of a Participating Employer and members of Ingersoll-Rand Company Limited by providing a select group of management and highly compensated employees of the Company or a Participating Employer the opportunity to elect to defer receipt of cash compensation. The Plan shall be unfunded for tax purposes and for purposes of Title I of ERISA. The Plan, originally known as the Ingersoll-Rand Company Executive Deferred Compensation and Stock Bonus Plan, became effective on January 1, 1997, was amended and restated effective January 1, 2001, and was again amended and restated effective August 1, 2007. This further amendment and restatement is effective January 1, 2009.

Deferral Accounts. The Administrative Committee shall establish and maintain a separate Deferral Account for each Participant for each Plan Year. All Deferral Amounts, other than Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 6.4. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows:

Deferral Accounts from Amended and Restated

The purpose of the IR-Limited Director Deferred Compensation and Stock Award Plan II (the Plan) is to further increase the mutuality of interest between Ingersoll-Rand Company Limited, a Bermuda company (the Company), its non-employee members of the Board (Non-employee Directors) and members by providing its Non-employee Directors the opportunity to elect to defer receipt of cash compensation. The Plan shall be unfunded for tax purposes. To the extent Code Section 409A applies to the Plan, the terms of the Plan are intended to comply with that provision, and the terms of the Plan shall be interpreted and administered in accordance therewith.

Deferral Accounts. The Company shall establish and maintain a separate Deferral Account for each Participant for each Plan Year. All Deferral Amounts, other than Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock and Fees deferred under Section 5.7, shall be credited to the Participants Deferral Account on the date when the Deferral Amount would otherwise be paid to the Participant. All Deferral Amounts that are deemed, at the Participants election, to be invested in IR Stock shall be credited to the Participants IR Stock Account as described in Section 5.3. All Fees deferred under Section 5.7 shall be credited to the Participants Deferred IR Stock Award Account as described in Section 5.7. Each Participants Deferral Accounts shall be divided into Investment Option Subaccounts. A Participants Deferral Accounts shall be credited as follows: On the day a Deferral Amount is credited to a Participants Deferral Account, the Administrative Committee shall credit the Investment Option Subaccounts of the Participants Deferral Account with an amount equal to the Participants Deferral Amount in accordance with the Participants Election Form; that is, the portion of the Participants Deferral Amount that the Participant has elected to be deemed to be invested in a certain type of investment option shall be credited to the Investment Option Subaccount corresponding to that investment option, and Each business day, each Investment Option Subaccount of a Participants Deferral Account shall be adjusted for earnings or losses in an amount equal to that determined by multiplying the balance credited to such Investment Option Subaccount as of the prior day plus contributions credited that day to the Investment Option Subaccount by the Return for the corresponding investment option selected by the Company.