Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Motorola Solutions, Inc. | msiex322q12016.htm |
| EX-32.1 - EXHIBIT 32.1 - Motorola Solutions, Inc. | msiex321q12016.htm |
| EX-31.1 - EXHIBIT 31.1 - Motorola Solutions, Inc. | msiex311q12016.htm |
| EX-31.2 - EXHIBIT 31.2 - Motorola Solutions, Inc. | msiex312q12016.htm |
| 10-Q - 10-Q - Motorola Solutions, Inc. | msi04-02x16q1x10q.htm |
Exhibit 10.1
Motorola Solutions, Inc.
2016-2018 Long Range Incentive Plan (LRIP) Terms
As Approved by the Compensation and Leadership Committee
On February 18, 2016
Design Feature | 2016-2018 LRIP | |||
Performance Cycle | Three years from January 1, 2016 through December 31, 2018 | |||
Eligible Population | Corporate Vice Presidents and above | |||
Performance Criteria | Relative Total Shareholder Return (TSR) TSR Defined as: Ending stock price (Daily average during the final three months of the Performance Cycle) + Value of reinvested dividends = Total ending value – Beginning stock price (Daily average during the three months preceding the Performance Cycle) = Total value created ÷ Beginning share price (Daily average during the three months preceding the Performance Cycle) = Total shareholder return | |||
Negative TSR Component | If the resulting TSR performance for Motorola Solutions is negative, the Committee will have negative discretion to reduce the final payout up to a 25% reduction of the calculated payout. | |||
Comparator Group | S&P 500 defined as companies in the S&P 500 at the beginning of the performance period; must be publically traded on or after July 1, 2017 to be included in the TSR percentile calculation at the end of the performance cycle. | |||
Payout Scale | ||||
Relative TSR Payout Scale | ||||
MSI 3-Year TSR Percentile Rank | Payout Factor | |||
90th - 100th Percentile | 250% | |||
80th - 89.99th Percentile | 200% | |||
70th - 79.99th Percentile | 175% | |||
60th - 69.99th Percentile | 150% | |||
55th - 59.99th Percentile | 110% | |||
50th - 54.99th Percentile | 90% | |||
45th - 49.99th Percentile | 80% | |||
35th - 44.99th Percentile | 50% | |||
30th - 34.99th Percentile | 30% | |||
< 30.00th Percentile | —% | |||