Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - L 3 COMMUNICATIONS HOLDINGS INCFinancial_Report.xls
EX-32 - EX-32 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex32.htm
EX-12 - EX-12 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex12.htm
EX-31.2 - EX-31.2 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex312.htm
EX-10.3 - EX-10.3 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex103.htm
EX-31.1 - EX-31.1 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex311.htm
EX-10.1 - EX-10.1 - L 3 COMMUNICATIONS HOLDINGS INCd901566dex101.htm
10-Q - FORM 10-Q - L 3 COMMUNICATIONS HOLDINGS INCd901566d10q.htm

Exhibit 10.2

Exhibit A

Performance Unit Award Notice

 

A. Participant:    
B. Grant Date:   February 17, 2015
C. Performance Period:   1/1/2015 through 12/31/2017
D. Aggregate Target Performance Units:    
E. Performance Measure(s):  

 

  1.

Diluted Earnings per Share: “Diluted EPS” means earnings per common share on a fully diluted basis, determined in accordance with generally accepted accounting principles and as derived from L-3’s audited consolidated financial statements prepared in the ordinary course of business. Diluted EPS shall be adjusted as contemplated by the terms of the Performance Unit Agreement to exclude certain items specified therein.

Portion of Aggregate Award for this Performance Measure: 100%

Target Units for this Performance Measure:

Performance Scale:

 

Performance Levels

   Cumulative
Diluted
EPS Required
   Unit
Multiplier

Maximum

   ³$26.06    200%
     $25.15    150%

Target

     $24.24    100%
     $23.33      75%

Threshold

     $22.42      50%

Below Threshold

   <$22.42        0%

In the event that the level of actual performance exceeds the Threshold and falls between two of the stated performance levels listed above, the Unit Multiplier will be calculated on a straight-line basis between the two stated Unit Multipliers for those performance levels.

Payment Method: Shares of L-3 stock. Subject to the terms of the Performance Unit Agreement, the number of shares will be determined by multiplying (1) the Target Units for this Performance Measure, by (2) the applicable Unit Multiplier.