FIRST AMENDMENT
TO THE MOTOROLA ELECTED OFFICERS SUPPLEMENTARY RETIREMENT PLAN
(As Amended Through May 8, 2007)
EOSRP Freeze as of
March 1, 2009
WHEREAS ,
Motorola, Inc. (the “Company”) maintains the Motorola
Elected Officers Supplementary Retirement Plan (the
“EOSRP”) for the benefit of certain officers of
Motorola, Inc. to provide income replacement following their
retirement of up to seventy (70%) of their salary (as provided for
under the EOSRP) as of June 30, 2005;
WHEREAS ,
Section 17 of the EOSRP provides that the Board of Directors
of Motorola, Inc. (the “Board”) may amend the EOSRP
from time to time; and
WHEREAS ,
the Board deems it appropriate to freeze the EOSRP, including the
freeze of compensation and all future benefit accruals effective as
of March 1, 2009.
NOW
THEREFORE, the EOSRP is hereby amended, effective as of
March 1, 2009 (unless otherwise specified below), in the
following particulars:
1. By adding
immediately preceding Section 1 of the EOSRP, the following
new Section 1A as a part thereof:
“SECTION 1A
FREEZE OF THE PLAN EFFECTIVE MARCH 1, 2009
1A.1 Plan
Freeze . Notwithstanding any other provision of this
document to the contrary, the Plan is frozen effective as of
March 1, 2009, and
(a) no Participant
shall accrue any benefit or a
