2020-2022 Performance Measures under the Motorola Solutions Long Range Incentive Plan (LRIP), as approved on February 13, 2020
EX-10.1 2 msiex101q12020.htm EX-10.1 msiex101q12020
Motorola Solutions, Inc. 2020-2022 Long Range Incentive Plan (LRIP) Terms As Approved by the Compensation and Leadership Committee On February 13, 2020 Design 2020-2022 LRIP Feature Performance Three years from January 1, 2020 through December 31, 2022 Cycle Eligible Corporate Vice Presidents and above Population Performance Relative Total Shareholder Return (TSR) Criteria 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 If the resulting TSR performance for Motorola Solutions is negative, the TSR Committee will have full discretion to reduce the final calculated payout. Component Comparator S&P 500 defined as companies in the S&P 500 at the beginning of the Group performance period; must be publically traded on or after July 1, 2021 to be included in the TSR percentile calculation at the end of the performance cycle. Payout Relative TSR Payout Scale Scale MSI 3-Year TSR Payout Factor Percentile Rank 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 0%