QUANTUMONLINE.COM SECURITY DESCRIPTION:  United Technologies Corp., 7.50% Corporate Units, stated amount $50 per unit, initially consisting of Corporate Units which include a stock purchase contract and a 1/20 interest in a 1.55% junior subordinated note due 8/1/2022 with a principal amount of $1000. The stock purchase contract requires the holder to purchase for $50 a variable number of shares of United Technologies Corp. (NYSE: UTX) common stock no later than 8/1/2015 and pays a contract adjustment rate of 5.95% per annum. The stock purchase settlement rate will be 0.5075 shares per unit if the then current market price is equal to or greater than $98.51 and 0.6725 shares per unit if the market price is equal to or less than $74.35. For market prices between those values the settlement rate will be $50 divided by the market value. Prior to the IPO of this security, the last reported sale price of the common stock on 6/12/2012 was $74.35 per share. The junior subordinated note is due 8/1/2022 and is subject to reset and remarketing during the period between 4/29/215 and 7/15/2015. The Corporate Units pay quarterly distributions of 7.50% ($3.75) per annum on 2/1, 5/1, 8/1 & 11/1 to holders of record on the record date that will be the 15th calendar day of the month prior to the payment date while the securities remain in book-entry form (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Prior to 8/1/2015, United Technologies Corporation will have the right to defer interest payments on the notes one or more times for one or more consecutive interest periods without giving rise to an event of default. Distributions paid by these securities are derived from interest paid on the underlying debt securities and therefore are NOT eligible for the 15% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. The junior subordinated notes are pledged as collateral to secure the holder's obligations under the stock purchase contract. The holder has the right at any time to convert the Corporate Units to Treasury Units by the substitution of a specified zero-coupon U.S. Treasury security for the notes and to later recreate Corporate Units. The notes are subordinated to the company's existing and future senior Indebtedness. The notes are also effectively subordinated to existing or future preferred stock. See the IPO prospectus for extensive additional information on the equity units and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conversion Shares@Price	Distribution Dates	15% Tax Rate
NYSE Chart	7.50% $3.75	$50.00 $50.00	8/01/2015 8/01/2022	NF BBB+ 7/16/2015	0.5075@$98.51+ 0.6725@$74.35-	2/1, 5/1, 8/1 & 11/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Notes:  On August 1, 2015, these equity units will mandatorily convert to .5075 shares of common stock if the common is at or above $98.51. If the common is at or below $74.35, the conversion rate will be 0.6725. Between the two common prices, holders will receive $50 worth of common.

Company's Online Information Links

HOME PAGE:     http://www.utc.com/
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Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Email Address	invrelations@corphq.utc.com
Email Contact Form on Website	Go to Email Form

Address and Phone Numbers

Address:   One Financial Plaza, Hartford, CT 06103
Main Phone Number	860-728-7000
Fax Number	860-728-7028
Investor Contact	860-728-7608
Toll Free Phone Number	Unknown

CEO - Louis R. Chenevert

CFO -  Gregory J. Hayes