EMPLOYMENT AGREEMENTEmployment Agreement • August 29th, 2008 • Motorola Inc • Radio & tv broadcasting & communications equipment • Illinois
Motorola, Inc. (“Motorola” or the “Company”) is pleased to grant you a stock appreciation right with respect to shares of Motorola Common Stock under the Motorola Omnibus Incentive Plan of 2006 (the “Plan”). The number of shares of Motorola Common Stock subject to the stock appreciation right (the “SAR”) awarded to you and the Grant Price per share of Motorola Common Stock (the “Grant Date FMV”), which is the Fair Market Value on the Date of Grant, are stated above. The SAR entitles you upon exercise to receive payment from Motorola in an amount (the “Settlement Amount”) equal to the product of (1) the excess of the Fair Market Value of a share of Motorola Common Stock on the date of exercise (the “Exercise Date FMV”) over the Grant Date FMV, multiplied by (2) the number of shares of Motorola Common Stock with respect to which the SAR is exercised, such payment to be made in a number of shares of Motorola Common Stock equal to the quotient of (x) the Settlement Amount divided by (y) th
