2024-2026 Performance Measures under the Motorola Solutions Long Range Incentive Plan (LRIP), as approved on February 21, 2024

EX-10.1 2 exhibit101-2024x2026lripte.htm EX-10.1 Document

Exhibit 10.1

Motorola Solutions, Inc.

2024-2026 Long Range Incentive Plan (LRIP) Terms

As Approved by the Compensation and Leadership Committee

On February 21, 2024


Design Feature			2024-2026 LRIP
Performance Cycle			Three years from January 1, 2024 through December 31, 2026
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 dividend = Total ending value – Beginning stock price (Daily average during the three months preceding the Performance Cycle) = Total value create ÷ 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 full discretion to reduce the final 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, 2025 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			0%