Common use of Qualifying Termination During the Change of Control Protection Period Clause in Contracts

Qualifying Termination During the Change of Control Protection Period. Upon the occurrence of Grantee’s Qualifying Termination that occurs the Change of Control Protection Period as described in Section 3(d) above, the payment of PSUs that become earned PSUs in accordance with Section 3(d) will be paid on the sixtieth (60th) day after the Qualifying Termination, subject to the terms and conditions set forth in Section 5(b) of the Employment Agreement, including, but not limited to, the execution and non-revocation of a release, as described in more detail therein.

Appears in 4 contracts

Samples: Performance Stock Unit Award Agreement (Motorola Solutions, Inc.), Performance Stock Unit Award Agreement (Motorola Solutions, Inc.), Performance Stock Unit Award Agreement (Motorola Solutions, Inc.)

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