Resideo signs agreement to accelerate payment of all potential monetary obligations under indemnification and reimbursement agreement with honeywell and eliminate all future payments

$1.59 billion to be paid to honeywell in the third quarter of 2025 scottsdale, ariz. , july 30, 2025 /prnewswire/ -- resideo technologies, inc. (nyse: rezi), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that it has entered into a definitive agreement (the "agreement") with honeywell international inc. (nasdaq: hon) to accelerate and eliminate all future monetary obligations under the indemnification and reimbursement agreement (the "indemnification agreement") the companies entered into in 2018 in connection with resideo's spin-off from honeywell.
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