Transition Guide Guiding your way through the exciting plan changes ahead. As previously announced, Fidelity Investments ( Fidelity ) will become the new provider of recordkeeping services for the Halliburton Retirement and Savings Plan (the R&S Plan ) beginning January 2011. Here are details on the transition, the changes coming your way, and how it will affect you as well as action steps you can take. Important notice regarding your rights under the Halliburton Retirement and Savings Plan. This notice is to inform you that recordkeeping services for the Halliburton Retirement and Savings Plan will be moving to Fidelity.
Table of contents It s a great time to maximize your R&S Plan benefits Page 3 Calendar of key transition dates Page 4 What will be available at Fidelity Page 8 Making the most of your R&S Plan transition Page 11 Your investment options Page 11 Changes to trading restrictions Page 12 Convenient account access beginning the week of January 2, 2011 Page 15 2
It s a great time to maximize your R&S Plan benefits. We encourage you to use this guide as a resource to help you during the transition of recordkeeping services to Fidelity. In preparation for the transition to Fidelity, you should: STEP 1 Plan ahead and pay close attention to the key transition dates (see page 4) STEP 2 Take a look at what s new and what s staying the same (see page 8) STEP 3 STEP 4 Learn more about the transition by attending a webcast or viewing a recorded workshop (see page 11) Starting the week of January 2, 2011, after the blackout period, go to www.halliburton.com/totalrewards for access to your R&S Plan account through Fidelity (see page 15) At a glance: Continue to use the current Your Benefits Resources Web site http://resources.hewitt.com/halliburtonbenefits and the Halliburton Benefits Center at Hewitt at 1-800-535-8130 for all of your R&S Plan transactions and questions until the transition to the Halliburton Benefits Center at Fidelity begins in late December. See pages 4 6 for key transition dates. Customer Service Associates at the Halliburton Benefits Center at Fidelity are available now to answer basic questions about the transition. Call 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, option 2, Monday to Friday, 7:30 a.m. through 7:30 p.m. Central Time. The investment options and the investment firms managing the assets of the R&S Plan will remain the same. Therefore, it will not be necessary to choose new investment options; however, now may be a good time to review your investments to make sure that they are meeting your investment goals. State Street Bank and Trust Company will also continue as the Trustee of the R&S Plan. During the week of January 2, 2011, all services will be available with Fidelity. This may happen as early as January 3, 2011, but please be aware it may not occur until later that week. You will receive an e-mail when the blackout period ends. 3
Calendar of key transition dates. To ensure that all information regarding your R&S Plan account is transferred accurately from Hewitt to Fidelity, there will be a period of time when you will be unable to direct or diversify your investments in your individual accounts, obtain a loan from the R&S Plan, or obtain a withdrawal or distribution from the R&S Plan. This time during which you will be unable to exercise your rights otherwise available under the R&S Plan is called a blackout period. The blackout period will begin with restrictions on certain transactions effective at 3:00 p.m. Central Time on December 23, 2010. It will continue with further restrictions on other transactions effective December 30 and 31, 2010, as described below. The blackout period is expected to end during the week of January 2, 2011. During this time, you can determine whether the blackout period has started or ended by calling the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2, or online beginning January 1, 2011, at www.halliburton.com/totalrewards. Whether or not you are planning retirement in the near future, we encourage you to carefully consider how this blackout period may affect your retirement planning and your overall financial plan. During the blackout period, you will be unable to direct or diversify the assets held in the R&S Plan. For this reason, it is very important that you review and consider the appropriateness of your current investments in light of your inability to direct or diversify those investments during the blackout period. For your long-term retirement security, you should give careful consideration to the importance of a wellbalanced and diversified investment portfolio, taking into account all your assets, income, and investments. R&S Plan transition activity calendar Review the calendar of events to understand how account activities may be affected during the blackout period. If you would like to request any transactions before the blackout period begins, go to the current Your Benefits Resources Web site at http://resources.hewitt.com/halliburtonbenefits from any computer with Internet access, or connect through HalWorld. You can also call the Halliburton Benefits Center at Hewitt at 1-800-535-8130. KEY DATE PLAN ACTIVITY WHAT IT MEANS TO YOU November 17, 2010 December 14, 2010, from 9:30 a.m. to 10:30 a.m. Central Time The Halliburton Benefits Center at Fidelity opens for questions about this transition guide. The current Halliburton Benefits Center at Hewitt remains open for business as usual for all R&S Plan transactions and questions. Attend a webcast! Learn what s changing and how to make the most of your R&S Plan benefits at an informative, online webcast presented by a Fidelity education consultant. If you are unable to attend this webcast or would like to view the information again, a self-paced, prerecorded workshop will also be available. Review this transition guide. Questions about the transition? Contact the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2. The Halliburton Benefits Center at Fidelity is only open for general questions about the transition. It will be open for all R&S Plan transactions and questions starting during the week of January 2, 2011. Until then, continue to contact the Halliburton Benefits Center at Hewitt. Look for an e-mail from Halliburton Communications in early December on how to access the webcast and the self-paced, prerecorded workshop. 4
KEY DATE PLAN ACTIVITY WHAT IT MEANS TO YOU December 23, 2010, at 3:00 p.m. Central Time December 30, 2010, at 3:00 p.m. Central Time December 31, 2010, at 3:00 p.m. Central Time If required, completed paperwork for the following must be received by the current Halliburton Benefits Center at Hewitt for: Early loan payoff Primary residence loan request General purpose loan request* In-service withdrawal* Hardship withdrawal Distribution* Beneficiary designation Rollovers into the R&S Plan Please allow enough time to request, receive, complete, and return the paper work to the current Halliburton Benefits Center at Hewitt prior to this deadline. Blackout period begins. Please note that payroll deductions for loan repayments and contributions to the R&S Plan will continue without interruption. *If subject to the R&S Plan s joint and survivor annuity provisions (i.e., if you had an account balance in the R&S Plan prior to June 1, 1998). Last day at the current Halliburton Benefits Center at Hewitt to: Enroll in the R&S Plan or change your future contribution rate. Opt out of auto-enrollment. Request a general purpose loan, a non-hardship withdrawal, or a distribution that is not subject to the R&S Plan s joint and survivor annuity provisions. Last day at the current Halliburton Benefits Center at Hewitt to: Change how your future contributions will be invested. Request an exchange (transfer) between investment options for your current account balance. Check your account balance(s). Account balances will be valued after the close of the New York Stock Exchange. After this date, you will need to initiate the process at the Halliburton Benefits Center at Fidelity after the blackout period ends and your account is available for conducting transactions, which is expected to be during the week of January 2, 2011. After this date, you cannot conduct any of these activities until the blackout period ends and your account is available at the Halliburton Benefits Center at Fidelity, which is expected to be during the week of January 2, 2011. After this date, you cannot conduct any activities until the blackout period ends and your account is available at the Halliburton Benefits Center at Fidelity, which is expected to be during the week of January 2, 2011. Current account balances and future contributions will be invested according to the investment elections on file as of this date, including default investment elections, as applicable. After this date you will no longer have phone access to the current Halliburton Benefits Center at Hewitt or online access to the Your Benefits Resources Web site at Hewitt. Account data will be sent to Fidelity and loaded into their system. 5
KEY DATE PLAN ACTIVITY WHAT IT MEANS TO YOU During the week of January 2, 2011 Blackout period ends. The blackout period is expected to end and the Halliburton Benefits Center at Fidelity is open for all R&S Plan services. Call the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2. Access your account information online by going to www.halliburton.com/totalrewards. You can now: Access your account (see page 15). Set up a personal identification number (PIN) if you do not already have a Fidelity account (see page 8). Request exchanges (transfers) among investment options. Review your account balances. Change your contribution rates and future investment elections. Enroll in one of the rebalance services (see page 9). Request loans, withdrawals, and distributions. Enroll in the R&S Plan. Elect contribution rate for annual increase program. Opt out of auto-enrollment or annual increase program. Roll over eligible balances from other employer-sponsored plans. Request R&S Plan literature. Review investment option information. Review your beneficiary(ies) to ensure they are up to date and make changes if necessary. Mid-January 2011 Loan repayments via coupon. If you make loan repayments via coupon, please begin using new coupon books and mail payments as instructed to Fidelity rather than to the Halliburton Benefits Center at Hewitt. Late January 2011 April 2011 Final account statement from the current Halliburton Benefits Center at Hewitt. First quarterly account statement from Fidelity. Your final account statement will be mailed to you in late January from Hewitt. It will be an annual statement for the time period January 1, 2010, through December 31, 2010. This statement will be for the time period January 1, 2011, through March 31, 2011. You may obtain a paper account statement through Fidelity upon request or an online account statement at any time. The effective date of plan changes and the end of the blackout period depend on the accurate, timely transfer of data. If this does not occur, the delivery of services described here could be delayed. 6
Important information about account statements Effective January 1, 2011, account statements for the R&S Plan will be available only online unless you elect or request otherwise. A quarterly paper statement will not be automatically mailed to your home. A paper statement of your account may be requested free of charge at any time. Note that you will be able to change your mail preferences and request that quarterly statements be mailed to your home address. You will be able to do this by calling the Halliburton Benefits Center at Fidelity or going online at www.halliburton.com/totalrewards and selecting Wealth. Online, from the Fidelity home page, simply click Mail Preferences in the Preferences section of Your Profile to make your selection. Note: Account statements will not utilize your data prior to January 2011. 7
What will be available at Fidelity. Here s a list of just some of the changes you can expect with the R&S Plan s move to Fidelity effective January 2011: Web Site Interactive Voice Response (IVR) System Expanded Hours for the Halliburton Benefits Center at Fidelity Account Access You will be able to access your R&S Plan account from a new Web site, www.halliburton.com/totalrewards. Fidelity s IVR system will be available 24 hours a day, seven days a week,* by calling the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2. *There is a maintenance period when some services may not be available. Experienced Fidelity representatives will assist you and answer questions you may have about your R&S Plan. Representatives are available from 7:30 a.m. to 7:30 p.m. Central Time, Monday through Friday (excluding New York Stock Exchange holidays) by calling the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2. You can view your R&S Plan account online by going to www.halliburton.com/totalrewards. The first time that you access your R&S Plan account through the Total Rewards Web site, you will need to log in to Fidelity. If you have a Halliburton Employee Stock Purchase Plan (ESPP) account or other personal accounts with Fidelity (accessible via your Social Security number or previously established Customer ID), you can use the same personal identification number (PIN) to access your R&S Plan account. All subsequent times that you link to your R&S Plan account through the Total Rewards Web site, you will not have to log in to Fidelity. Note: If you want to make changes to your R&S Plan account, you will need to log in at Fidelity. If you are a first-time user of a Fidelity account, you must establish a Fidelity Customer ID and PIN when accessing your R&S Plan account through the Total Rewards Web site or IVR for the first time. To do so: Via the Total Rewards Web site: Enter your Social Security number. Your Social Security number is your initial Customer ID number. Halliburton recommends that you select a different Customer ID after your initial login that is six to 15 letters and/or digits. Enter six to 12 letters and/or digits as your PIN. To protect your PIN in case you forget it, set up a security question. Enter an e-mail address. Depending on your situation, you may see your work e-mail displayed. You may choose to add a personal e-mail address and designate which e-mail will be your Primary. Via the IVR System: Call the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2. Enter your Social Security number when prompted. Your Social Security number is your initial Customer ID number. Halliburton recommends that you select a different Customer ID after your initial call that is six to 15 letters and/or digits. You will then be prompted to enter your date of birth. Once your information is validated, you will be asked to enter a six- to 12-digit number as your PIN. You will then be asked to enter your PIN again for confirmation. To protect your PIN in case you forget it, set up a security question. All subsequent times that you link to your R&S Plan account through the Total Rewards Web site, you will not have to log in to Fidelity. Note: Please remember the PIN that you establish. If you want to make changes to your R&S Plan account, you will need to log in at Fidelity using this PIN. 8
Consolidated Fidelity Accounts Loan Repayments and Payoffs Trading Restrictions Excessive Trading Policy Full View Annual Increase Program Rebalance Services Online Resources If you have a Halliburton Employee Stock Purchase Plan (ESPP) account or other personal accounts with Fidelity (accessible via your Social Security number or previously established Customer ID), you will be able to view all of your accounts simultaneously and access your accounts from the same Fidelity home page. If you are an active employee of Halliburton and currently have an outstanding loan(s), your loan(s) will be reamortized and your payment amount(s) may change beginning in 2011. You will receive a letter from the Halliburton Benefits Center at Fidelity during the second week of January 2011, informing you of your new repayment amount. If you are paid biweekly (26 times per year), you have been accustomed to having loan repayments deducted 24 times per year. With the transition to Fidelity, your loan repayments will be deducted 26 times per year, but your repayment amount per paycheck will decrease. In addition, if you requested a loan payoff amount on or before December 23, 2010, and the payoff was to occur either late in 2010 or early 2011, that amount may change during the transition to Fidelity because of the reamortization. Changes are being made to the investment trading restrictions in the R&S Plan. See page 12 for details. Full View is an online service that allows you to view and manage your finances in one place, including retirement, bank, brokerage, and credit card accounts. In the past you could voluntarily elect to have your contribution rate increase each year. In addition, certain rules were in place for an automatic contribution rate increase if you had been automatically enrolled. If you have a contribution rate increase on file with Hewitt, this information will transfer to Fidelity. Please note the Annual Increase service will change slightly with the transition to Fidelity. If you had made a voluntary election to increase your contribution rate by more than 10%, your increase will occur on January 1, 2011, as scheduled, but future increases will be limited to 10%. In addition, after January 1, 2011, you can choose the day of the year on which you want your annual increase to take effect, rather than simply using January 1 each year. If you have an automatic rebalance set up at Hewitt, you will need to reestablish your rebalance preferences in your account at Fidelity. One service, Rebalance Notification, alerts you by e-mail any time your account s investment mix strays from your original specification. You decide whether to rebalance, and you can take action immediately by clicking on a link delivered with the e-mail message. Another service, Automatic Rebalance, periodically rebalances your account to stay consistent with the investment strategy you have chosen. You simply identify an initial investment combination, adjust your account to that mix, and let the service do the rest. In addition to providing account information and offering you the ability to initiate transactions online, Fidelity provides a wealth of resources, including: Online account statements covering any time period you specify, available from the week of January 2, 2011, onward. (Note: Online account statements will not utilize your data prior to January 2011.) A wide range of planning tools such as: Contribution Calculator Understand how your money might grow over time. Take Home Pay Calculator Find out how much your paycheck might change if you contribute more to the R&S Plan. Portfolio Review Decide how to invest your money. Retirement Income Planner Create an income plan to ensure you don t outlive your savings. 9
Online Workshops and Tutorials Vesting Service Tracking Fidelity provides access to a full range of online educational topics, covering everything from investing basics to retirement income planning: Live workshops presented by Fidelity education consultants. Self-guided tutorials permit you to learn at your own pace. These convenient workshops and tutorials can help you manage your R&S Plan account and help make you a more educated investor. The R&S Plan s vesting service needed for 100% ownership of your company match and basic contribution accounts is not changing; however, effective January 1, 2011, the tracking method for vesting service will change from the hour of service method to the elapsed time method. This means that instead of tracking the completion of a stated number of hours of service during an employment year tracking period, vesting will simply be measured from date of hire until separation from service. There are special rules for leaves of absence, military leaves, rehires, and employees of acquired companies. In addition, there are special rules during the vesting transition period beginning on January 1, 2011. For more information, a summary of material modifications will be issued during the first quarter of 2011. Guidance provided by Fidelity is educational in nature, is not individualized, and is not intended to serve as the primary or sole basis for your investment or tax-planning decisions. Portfolio Review is an educational tool. Retirement Income Planner, an educational tool, is developed and offered for use by Strategic Advisers, Inc., a registered investment adviser and a Fidelity Investments company. In addition, some things are not changing: No investment option changes investment options and the investment firms that manage the assets in the R&S Plan will remain the same, so your current retirement savings investment strategy will not be disrupted by the transition. No change to the company match or basic contribution you will continue to receive company matching and basic contributions just as you do today. No change to other familiar plan provisions there are no planned changes to the enrollment, loan, hardship withdrawal, or other basic plan provisions with which you have become familiar. No change to the trustee of the R&S Plan, State Street Bank and Trust Company. Starting the week of January 2, 2011, you can go online at www.halliburton.com/totalrewards or call the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2, to obtain additional information or to sign up for any of these new opportunities. 10
Making the most of your R&S Plan transition. Learn what s changing and how to make the most of your R&S Plan benefits at an informative, online webcast presented by a Fidelity education consultant. The webcast will include a review of key dates and new services that can assist you in achieving your retirement goals. A live webcast will be held on December 14, 2010, from 9:30 a.m. to 10:30 a.m. Central Time. In early December, you will receive an e-mail on how to access the webcast. If you are unable to attend this webcast or would like to view the information again, there will also be a self-paced, prerecorded workshop. It will be available to view at your convenience, anytime after December 14, 2010, at http://www.brainshark.com/fidelityemg/halliburton. Your investment options. Investment options and the investment firms managing the assets in the R&S Plan will remain the same, so your current retirement savings investment strategy will not be disrupted by the transition. Future contributions and balances will remain directed to and in the same investment options after the transition to Fidelity. Your money stays invested or in the market throughout the transition. However, there is a brief time (the blackout period) when you won t have access to direct or diversify your assets held in the R&S Plan. Please see the R&S Plan Calendar of Key Transition Dates on pages 4 6 for additional information. For descriptions of all the investment options available in the R&S Plan, log on to the Your Benefits Resources Web site at http://resources.hewitt.com/halliburtonbenefits from any computer with Internet access, or connect through HalWorld through the close of the New York Stock Exchange on December 31, 2010. Beginning on January 1, 2011, log on to the Halliburton Total Rewards Web site at www.halliburton.com/totalrewards to view the descriptions of the investment options. If you would like to make an election for the investment of future contributions or an exchange (transfer) between investment options for your current account balance before the blackout period begins on December 31, 2010, at 3:00 p.m. Central Time, go to the Your Benefits Resources Web site at http://resources.hewitt.com/halliburtonbenefits from any computer with Internet access, or connect through HalWorld. You can also call the Halliburton Benefits Center at Hewitt at 1-800-535-8130. Once the blackout period ends, which is expected to be during the week of January 2, 2011, you may contact the Halliburton Benefits Center at Fidelity at 1-866-321-0964 for any changes that you would like to make to your account. 11
Changes to trading restrictions. Generally, amounts may be exchanged, at a participant s direction, into or out of any of the R&S Plan s investment options effective as of the close of any business day. Beginning January 2011, the R&S Plan s investment options will, except for the Stable Value Premixed Portfolio, be subject to a new Excessive Trading Policy (the Policy). The R&S Plan has long discouraged excessive trading by investors. Excessive trading can be expensive and burdensome for long-term investors because it can: Reduce returns to long-term investors by increasing fund costs, and Disrupt portfolio management strategies, such as forcing untimely and unwanted buying and selling of portfolio securities. The current investment transfer policy, in place since 2006, provides that if you make a transfer or a fund reallocation out of an applicable fund, you cannot transfer amounts into that fund for 20 calendar days. The new Excessive Trading Policy focuses on what is known as a round trip transaction. A round trip is an exchange into and out of the same fund, in excess of $1,000, within 30 days. The following is an example of a round trip: DATE TRANSACTION WHAT IT MEANS TO YOU March 10 April 1 exchanges $1,500 into Fund A exchanges $2,000 out of Fund A This is considered a round trip because the April 1 exchange out is from the same fund that the participant exchanged into on March 10, the amount exchanged into the fund is greater than $1,000, and fewer than 30 days have elapsed between the exchanges. The following example is not considered a round trip: For illustrative purposes only. DATE TRANSACTION WHAT IT MEANS TO YOU March 10 April 20 exchanges $1,500 into Fund A exchanges $2,000 out of Fund A This is not considered a round trip because the first and second exchanges are separated by more than 30 days. For illustrative purposes only. Under the Policy, participants are limited to one round trip transaction in any applicable investment option in the R&S Plan within any rolling 90 day period, subject to an overall limit of four round-trip transactions across all applicable investment options in the R&S Plan over a rolling 12-month period. If a round trip transaction is completed: The first round trip transaction in a fund results in a warning letter (mailed from the Halliburton Benefits Center at Fidelity). s with two round-trip transactions in the same fund within a rolling 90-day period will be blocked from making additional exchanges into this fund for 85 days. Any four round trips across all applicable funds in the R&S Plan in a 12-month rolling period will result in the participant being limited to one exchange across all applicable funds (not round trip) per quarter for 12 months. Once the 12-month exchange limitation expires, any additional round trip across all applicable funds in the R&S Plan in the next 12-month period will result in another 12-month limitation of one exchange across all applicable funds (not round trip) per quarter. 12
Trading restrictions for the Stable Value Premixed Portfolio The trading policy for the Stable Value Premixed Portfolio (SVPP) will not change, with the exception that the 20-day restriction will be increased to 30 days effective January 1, 2011. Specifically, if money is transferred or funds are reallocated into the SVPP, the number of units that money represented on the day of the transaction is locked in and cannot be transferred out of the SVPP for 30 calendar days. For example, if on March 1, 2011, you transfer $150 into the SVPP and each $15 equals one unit, then you have added 10 units to your portfolio and those 10 units cannot be transferred out for 30 calendar days. However, any unit balance in the SVPP prior to the transaction is not subject to the 30-day waiting period and is eligible to be transferred out. If you have eligible units that you would like to move out of the SVPP within 30 days of a transfer in, you must call the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2, to process this request. You will not be able to conduct this transaction online. Example Here is an example of the Policy for all investment options in the R&S Plan, except for the SVPP: This is considered excessive trading and a 12-month account-level one exchange day per quarter restriction would be imposed on the account following the September 15, 2011, exchange. DATE TRANSACTION WHAT IT MEANS TO YOU March 10, 2011 April 1, 2011 exchanges $1,500 into Fund A exchanges $2,000 out of Fund A Round trip #1 On April 1, the participant will receive a warning letter (mailed from the Halliburton Benefits Center at Fidelity). April 15, 2011 April 20, 2011 exchanges $2,500 into Fund A exchanges $2,000 out of Fund A Round trip #2 On April 20, the participant will receive a letter notifying him or her of an 85-day fund-specific exchange block. In this example, this is the second round trip in the same fund (Fund A) within a rolling 90-day period, which triggers an 85-day fund-specific exchange block (Fund A only). Because the exchange out transaction requested will trigger a restriction, the participant will receive a warning message prior to confirming the transaction that the restriction will be applied to the account should the participant confirm the transaction. In this example, if the participant goes ahead with the transaction, he or she is blocked from making exchange purchases into Fund A for 85 days. June 15, 2011 June 20, 2011 exchanges $2,000 into Fund B exchanges $1,100 out of Fund B Round trip #3 On June 20, the participant will receive a warning letter. Only a warning letter is sent because this is the first round trip transaction in Fund B (the two previous round trip transactions were in Fund A). No additional restrictions are applied to the account at this time. For illustrative purposes only. 13
DATE TRANSACTION WHAT IT MEANS TO YOU September 1, 2011 September 15, 2011 exchanges $1,500 into Fund C exchanges $2,000 out of Fund C Round trip #4 On September 15, the participant will receive a letter notifying him or her of a 12-month account-level one exchange day per quarter restriction. Even though this is the first round trip transaction in Fund C, this is the fourth round trip in the participant s account in a rolling 12-month period. Because the exchange out transaction requested will trigger a restriction, the participant will receive a warning message prior to confirming the transaction that the restriction will be applied to the account should the participant confirm the transaction. If the participant goes ahead with the transaction, he or she will be limited to one exchange across all applicable funds (not a round trip) per quarter for 12 months. November 1, 2012 November 20, 2012 exchanges $1,100 into Fund D exchanges $2,500 out of Fund D Round trip #5 On November 20, 2012, the participant will receive a letter notifying him or her that another 12-month accountlevel one exchange day per quarter restriction has been applied to the account. This is because the 12-month restriction that began on September 15, 2011, expired on September 15, 2012, and the participant placed another round trip transaction within the next 12-month period (September 15, 2012, through September 15, 2013). This will result in another 12-month limitation of one exchange across all applicable funds (not a round trip) per quarter. For illustrative purposes only. To avoid trading restrictions: 1. Stagger your exchanges into and out of the same fund so that the period between the exchanges is equal to or greater than 30 days (thus avoiding a round trip). 2. If you do complete a round trip, avoid a second round trip in the same fund within a rolling 90-day period. 3. Avoid completing four round trips across all applicable funds within a 12-month rolling period. In order to provide protection against possible market downturns, you can always reallocate or transfer money into the Stable Value Premixed Portfolio from any of the other investment options. For questions about the new trading restrictions, please call the Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2. The R&S Plan continues to reserve the right to amend the Policy in the future. 14
Convenient account access beginning the week of January 2, 2011. There are a number of ways for you to access and manage your R&S Plan account with Fidelity. Whether you prefer to access your account online, through the automated Interactive Voice Response (IVR) system, or through a Customer Service Associate, you can easily get the information you need whenever you want it. ONLINE BY PHONE ACCOUNT INFORMATION www.halliburton.com/ totalrewards 24 hours, 7 days a week* Halliburton Benefits Center at Fidelity at 1-866-321-0964 (international, use your country s AT&T access code) or 857-362-5980, select option 2 Voice Response System (IVR) 24 hours a day, 7 days a week* Customer Service Associate 7:30 a.m. to 7:30 p.m. Central Time, Monday Friday Current account balances and history Quotes Historical performance Plan literature INVESTMENT AND CONTRIBUTION CHANGES Change how contributions are invested Change payroll contribution amount Exchange between investment options LOAN INFORMATION Model a new loan Request a loan Inquire about existing loans WITHDRAWAL INFORMATION Amount available to withdraw Request an in-service withdrawal ADMINISTRATIVE CHANGES Set up or change your PIN Beneficiary information ROLLOVER INFORMATION Request a rollover form Request a distribution TOOLS & RESOURCES Retirement Income Planner Portfolio Review Full View Online presenter and self-paced workshops Calculators Fidelity Viewpoints SM * There is a maintenance period when some services may not be available. 15
This communication is a summary of the material modifications made to the Halliburton Retirement and Savings Plan. This summary revises and replaces certain text in the Plan s summary plan description. To the extent that materials in the Plan s summary plan description and this brochure conflict, the information in this brochure will govern. Thus, please keep a copy of this brochure as a supplement to your Plan s summary plan description. For answers to immediate questions about your benefits for 2010, please contact the Halliburton Benefits Center at Hewitt at 1-800-535-8130, Monday through Friday, from 8:30 a.m. to 5:00 p.m. Central Time, or log on to Your Benefits Resources at http://resources.hewitt.com/halliburtonbenefits. For answers to questions about your 2011 benefits, please contact the new Halliburton Benefits Center, Monday through Friday, at 1-866-321-0964 (international use country s AT&T access code) or 857-362-5980 from 7:30 a.m. to 7:30 p.m. Central Time, or by logging on to www.halliburton.com/totalrewards. Unless otherwise noted, transaction requests confirmed after the close of the New York Stock Exchange, or on weekends or holidays, will receive the next available closing prices. The investment options available through the Plan reserve the right to modify or withdraw the exchange privilege. Please be sure to understand the Plan guidelines before you initiate a loan from your Plan account. Please be sure you understand the tax consequences of any withdrawal from the Plan. The Plan is intended to be a participant-directed plan as described in Section 404(c) of ERISA, which means that fiduciaries of the Plan are ordinarily relieved of liability for any losses that are the direct and necessary result of investment instructions given by a participant or beneficiary. Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money. Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917 2010 FMR LLC. All rights reserved. 558578.1.0 CPS# 81945