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<TITLE> HARRIS CORPORATION (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	March 19, 2015
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	HARRIS CORPORATION
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	1-3863
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	34-0276860
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	1025 West NASA Blvd., Melbourne, Florida
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	32919
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_________________________________<BR>
	(Address of principal executive offices)
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	(321) 727-9100
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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Check the appropriate box below if the Form 8-K filing is intended to
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
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    <TD align="left" valign="top"><FONT style="font-size: 10pt"><B>Item&nbsp;5.02</B></FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-size: 10pt"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain<BR>
Officers; Compensatory Arrangements of Certain Officers.</B></FONT></DIV></TD>
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<P align="left" style="margin-right:2%; font-size: 10pt"><FONT style="font-size: 11pt"><U>Appointment of New Vice President, Principal Accounting Officer</U>
</FONT>

<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">On March&nbsp;19, 2015, Harris Corporation (the &#147;<U>Company</U>&#148; or &#147;<U>Harris</U>&#148;) entered
into an employment offer letter agreement with Mr.&nbsp;Todd Taylor (the &#147;<U>Offer Letter
Agreement</U>&#148;) pursuant to which Mr.&nbsp;Taylor will become Vice President, Principal Accounting
Officer of the Company effective May&nbsp;11, 2015. Mr.&nbsp;Taylor will succeed Mr.&nbsp;Lewis A. Schwartz,
who has served as the Company&#146;s principal accounting officer since 2005. There is no
disagreement between Mr.&nbsp;Schwartz and the Company on any matter relating to the Company&#146;s
financial condition or financial reporting. Mr.&nbsp;Schwartz will continue to serve the Company
as Principal Accounting Officer until May&nbsp;11, 2015 and thereafter in a full time role focused
on the Company&#146;s integration of Exelis Inc. Mr.&nbsp;Schwartz will also assist with Mr.&nbsp;Taylor&#146;s
transition.


<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">Mr.&nbsp;Taylor, age 42, joins the Company from Molex Inc. where he served as Vice President
of Finance, Chief Accounting Officer and Corporate Controller since September&nbsp;2012. He joined
Molex in 2008 as Director of Accounting and served as Director of Finance and Corporate
Controller from 2010 to 2012. Prior to Molex he served as Director Financial Advisory &
Internal Audit Services at PricewaterhouseCoopers from 2003-2008. He began his career as an
auditor at McGladrey & Pullen LLP. Mr.&nbsp;Taylor received his BBA in accounting and finance from
the University of Wisconsin-Madison and his MBA from Wake Forest University.


<P align="left" style="margin-right:2%; font-size: 11pt"><U>Offer Letter Agreement with Mr.&nbsp;Taylor</U>


<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">The Offer Letter Agreement, which was approved by the Management Development and
Compensation Committee of the Board of Directors of the Company provides Mr.&nbsp;Taylor the
following compensation and benefits:


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    <TD>an initial base salary at the annual rate of $275,000;</TD>
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    <TD width="2%" style="background: transparent">&nbsp;</TD>
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    <TD>eligibility to receive an annual cash incentive under the Company&#146;s Annual
Incentive Plan (&#147;<U> AIP</U> &#148;) with a target value of 60% of his base salary. Such
cash incentive award will be paid based upon the achievement of pre-established
metrics and objectives. For fiscal 2015, Mr.&nbsp;Taylor&#146;s payment under the AIP will be
pro-rated for the portion of the fiscal year he is employed;</TD>
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    <TD width="2%" style="background: transparent">&nbsp;</TD>
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    <TD>a grant of 3,500 shares of restricted stock under the Harris Corporation 2005
Equity Incentive Plan (As Amended and Restated Effective August&nbsp;27, 2010) (the
&#147;<U>Equity Incentive Plan</U>&#148;). Such restricted stock will vest in its entirety
upon the third anniversary of the grant date if Mr.&nbsp;Taylor is still employed by the
Company on such date and will be governed by the Company&#146;s Restricted Stock Award
Agreement Terms and Conditions in effect as of June&nbsp;28, 2014;</TD>
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    <TD>commencing with fiscal 2016, eligibility to receive annual equity grants under the
Equity Incentive Plan with a target value of $180,000, calculated and having terms
and conditions consistent with grants to the Company&#146;s other executive officers;</TD>
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    <TD>a one-time sign-on bonus of $50,000;</TD>
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    <TD>participation in the Company&#146;s 401(k) Retirement Plan, Supplemental Executive
Retirement Plan, Performance Reward Plan and employee health and welfare plans on the
same terms and conditions as the Company&#146;s other executive officers; and</TD>
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    <TD>relocation benefits.</TD>
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<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">The Offer Letter Agreement does not provide for a term of employment. However, if
Mr.&nbsp;Taylor&#146;s employment is terminated within 24&nbsp;months of his start date by the Company other
than for &#147;cause&#148; (as defined in the Offer Letter Agreement) or by Mr.&nbsp;Taylor as a result of a
&#147;constructive termination&#148; (as defined in the Offer Letter Agreement), subject to his
execution and delivery of a general release of claims against the Company, he will be entitled
to receive a cash severance payment equal to the aggregate of his then-current annual base
salary and annual cash incentive compensation under the AIP at target.


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<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">The Offer Letter Agreement also provides that Mr.&nbsp;Taylor will be entitled to enter into
an Executive Change in Control Severance Agreement in the form filed as Exhibit 10(o) to the
Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended October&nbsp;1, 2010 (the
&#147;<U> CIC Agreement</U> &#148;). In the event of a change in control of the Company (as defined in
the CIC Agreement), Mr.&nbsp;Taylor will be entitled to the compensation and benefits under the CIC
Agreement in lieu of any compensation and benefits pursuant to the Offer Letter Agreement if
his employment terminates within two years following a change in control of the Company under
the circumstances provided in the CIC Agreement. Generally, these severance benefits will
include:


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    <TD>payment of all accrued compensation, a pro-rated bonus and any unpaid accrued
vacation pay;</TD>
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    <TD>a lump sum cash severance payment equal to two (2)&nbsp;times Mr.&nbsp;Taylor&#146;s highest
annual rate of base salary during the 12-month period prior to the date of
termination plus two (2)&nbsp;times the greatest of Mr.&nbsp;Taylor&#146;s highest annual bonus in
the three fiscal years prior to the change in control, his target bonus for the year
during which the change in control takes place or his target bonus for the year in
which his employment is terminated;</TD>
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    <TD width="2%" style="background: transparent">&nbsp;</TD>
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    <TD>continuation of medical, dental, accident, disability, life insurance and any
similar benefits for up to two years; and</TD>
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    <TD width="2%" style="background: transparent">&nbsp;</TD>
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    <TD>reimbursement of relocation expenses related to the pursuit of other business
opportunities incurred within two years following the date of termination,
recruitment or placement services and reimbursement for tax and financial services.</TD>
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<P align="left" style="margin-right:2%; font-size: 11pt">The form of CIC Agreement does not provide for any tax gross-ups of excise taxes that may be
imposed by Internal Revenue Service rules or regulations.


<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">The hiring of Mr.&nbsp;Taylor as Vice President, Principal Accounting Officer of the Company
was not pursuant to any arrangement or understanding with respect to any other person. In
addition, there are no family relationships between Mr.&nbsp;Taylor and any director or other
executive officer of the Company and there are no related party transactions between the
Company and Mr.&nbsp;Taylor reportable under Item 404(a) of Regulation&nbsp;S-K.


<P align="left" style="margin-right:2%; font-size: 11pt; text-indent: 2%">The foregoing description of the terms and conditions of the Offer Letter Agreement is
not complete and is qualified in its entirety by, and should be read in conjunction with, the
complete text of the Offer Letter Agreement, which the Company expects to file as an exhibit
to the Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended April&nbsp;3, 2015.



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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	HARRIS CORPORATION
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<I>
	March 25, 2015
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	By:
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	/s/ Scott T. Mikuen
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	Name: Scott T. Mikuen
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	Title: Senior Vice President, General Counsel and Secretary
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HARRIS CORPORATION (Form: 8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
March 19, 2015
HARRIS CORPORATION
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware
1-3863
34-0276860
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
1025 West NASA Blvd., Melbourne, Florida
32919
_________________________________
(Address of principal executive offices)
___________
(Zip Code)
Registrant's telephone number, including area code:
(321) 727-9100
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Top of the Form
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
Appointment of New Vice President, Principal Accounting Officer
On March 19, 2015, Harris Corporation (the "
Company
" or "
Harris
") entered
into an employment offer letter agreement with Mr. Todd Taylor (the "
Offer Letter
Agreement
") pursuant to which Mr. Taylor will become Vice President, Principal Accounting
Officer of the Company effective May 11, 2015. Mr. Taylor will succeed Mr. Lewis A. Schwartz,
who has served as the Company's principal accounting officer since 2005. There is no
disagreement between Mr. Schwartz and the Company on any matter relating to the Company's
financial condition or financial reporting. Mr. Schwartz will continue to serve the Company
as Principal Accounting Officer until May 11, 2015 and thereafter in a full time role focused
on the Company's integration of Exelis Inc. Mr. Schwartz will also assist with Mr. Taylor's
transition.
Mr. Taylor, age 42, joins the Company from Molex Inc. where he served as Vice President
of Finance, Chief Accounting Officer and Corporate Controller since September 2012. He joined
Molex in 2008 as Director of Accounting and served as Director of Finance and Corporate
Controller from 2010 to 2012. Prior to Molex he served as Director Financial Advisory &
Internal Audit Services at PricewaterhouseCoopers from 2003-2008. He began his career as an
auditor at McGladrey & Pullen LLP. Mr. Taylor received his BBA in accounting and finance from
the University of Wisconsin-Madison and his MBA from Wake Forest University.
Offer Letter Agreement with Mr. Taylor
The Offer Letter Agreement, which was approved by the Management Development and
Compensation Committee of the Board of Directors of the Company provides Mr. Taylor the
following compensation and benefits:
•
an initial base salary at the annual rate of $275,000;
•
eligibility to receive an annual cash incentive under the Company's Annual
Incentive Plan ("
AIP
") with a target value of 60% of his base salary. Such
cash incentive award will be paid based upon the achievement of pre-established
metrics and objectives. For fiscal 2015, Mr. Taylor's payment under the AIP will be
pro-rated for the portion of the fiscal year he is employed;
•
a grant of 3,500 shares of restricted stock under the Harris Corporation 2005
Equity Incentive Plan (As Amended and Restated Effective August 27, 2010) (the
"
Equity Incentive Plan
"). Such restricted stock will vest in its entirety
upon the third anniversary of the grant date if Mr. Taylor is still employed by the
Company on such date and will be governed by the Company's Restricted Stock Award
Agreement Terms and Conditions in effect as of June 28, 2014;
•
commencing with fiscal 2016, eligibility to receive annual equity grants under the
Equity Incentive Plan with a target value of $180,000, calculated and having terms
and conditions consistent with grants to the Company's other executive officers;
•
a one-time sign-on bonus of $50,000;
•
participation in the Company's 401(k) Retirement Plan, Supplemental Executive
Retirement Plan, Performance Reward Plan and employee health and welfare plans on the
same terms and conditions as the Company's other executive officers; and
•
relocation benefits.
The Offer Letter Agreement does not provide for a term of employment. However, if
Mr. Taylor's employment is terminated within 24 months of his start date by the Company other
than for "cause" (as defined in the Offer Letter Agreement) or by Mr. Taylor as a result of a
"constructive termination" (as defined in the Offer Letter Agreement), subject to his
execution and delivery of a general release of claims against the Company, he will be entitled
to receive a cash severance payment equal to the aggregate of his then-current annual base
salary and annual cash incentive compensation under the AIP at target.
The Offer Letter Agreement also provides that Mr. Taylor will be entitled to enter into
an Executive Change in Control Severance Agreement in the form filed as Exhibit 10(o) to the
Company's Quarterly Report on Form 10-Q for the fiscal quarter ended October 1, 2010 (the
"
CIC Agreement
"). In the event of a change in control of the Company (as defined in
the CIC Agreement), Mr. Taylor will be entitled to the compensation and benefits under the CIC
Agreement in lieu of any compensation and benefits pursuant to the Offer Letter Agreement if
his employment terminates within two years following a change in control of the Company under
the circumstances provided in the CIC Agreement. Generally, these severance benefits will
include:
•
payment of all accrued compensation, a pro-rated bonus and any unpaid accrued
vacation pay;
•
a lump sum cash severance payment equal to two (2) times Mr. Taylor's highest
annual rate of base salary during the 12-month period prior to the date of
termination plus two (2) times the greatest of Mr. Taylor's highest annual bonus in
the three fiscal years prior to the change in control, his target bonus for the year
during which the change in control takes place or his target bonus for the year in
which his employment is terminated;
•
continuation of medical, dental, accident, disability, life insurance and any
similar benefits for up to two years; and
•
reimbursement of relocation expenses related to the pursuit of other business
opportunities incurred within two years following the date of termination,
recruitment or placement services and reimbursement for tax and financial services.
The form of CIC Agreement does not provide for any tax gross-ups of excise taxes that may be
imposed by Internal Revenue Service rules or regulations.
The hiring of Mr. Taylor as Vice President, Principal Accounting Officer of the Company
was not pursuant to any arrangement or understanding with respect to any other person. In
addition, there are no family relationships between Mr. Taylor and any director or other
executive officer of the Company and there are no related party transactions between the
Company and Mr. Taylor reportable under Item 404(a) of Regulation S-K.
The foregoing description of the terms and conditions of the Offer Letter Agreement is
not complete and is qualified in its entirety by, and should be read in conjunction with, the
complete text of the Offer Letter Agreement, which the Company expects to file as an exhibit
to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended April 3, 2015.
Top of the Form
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
HARRIS CORPORATION
March 25, 2015
By:
/s/ Scott T. Mikuen
Name: Scott T. Mikuen
Title: Senior Vice President, General Counsel and Secretary