EIGHTH AMENDMENT
TO THE
ZEBRA TECHNOLOGIES CORPORATION
PROFIT SHARING AND SAVINGS PLAN
THIS AMENDMENT made and entered into the ____ day of
____________________, 1997, by and between ZEBRA TECHNOLOGIES CORPORATION (the
"Employer") and XXXXXX XXXXXX and XXXXXXX XXXXX, as Co-Trustees (the
"Trustees").
WHEREAS, the Employer heretofore adopted the ZEBRA TECHNOLOGIES
CORPORATION PROFIT SHARING AND SAVINGS PLAN (the "Plan") originally effective
June 1, 1984, the Plan having been last amended and restated effective
January 1, 1989; and
WHEREAS, the Plan has been amended from time to time; and
WHEREAS, the Employer now desires to further amend the Plan; and
WHEREAS, under the terms of the Plan, the Employer has the right to amend
the Plan; and
WHEREAS, the Employer has delegated the ability to amend the Plan to the
undersigned officers.
NOW, THEREFORE, it is resolved that the Plan is hereby amended as
follows, effective as of September 1, 1997:
I.
Section 3.1 of the Plan is hereby amended by adding the following new
paragraph at the end as a part thereof:
"Notwithstanding the preceding paragraph to the contrary,
effective September 1, 1997, an Employee of the Employer who would
be eligible for the Plan, but for failing to meet the age and
service requirements above, shall be permitted to enter
into a Savings Agreement as described in Section 3.3 of the Plan.
Such Savings Agreements which are submitted to the Plan Administrator
prior to the twentieth day of a calendar month shall be effective
as of the first payroll period commencing after the twentieth day
of that calendar month. In no event shall an Employee described
in this paragraph be entitled to receive a contribution pursuant
to sections 4.1(a), 4.1(b) or 4.1(d) of the Plan until the entry
date on or after such age and service requirements are met."
II.
Section 3.3 of the Plan is hereby amended by deleting the first sentence
of the first paragraph and by adding the following sentences in lieu thereof:
"Each Employee shall be given the opportunity to enter into a
written savings agreement with the Employer."
III.
Sub-Section 3.3(b) of the Plan is hereby amended by deleting the first
sentence therein and by adding the following in lieu thereof:
"A Savings Agreement may be amended, or an initial agreement may
be entered into in the event that the Participant did not execute
such an Agreement at the time he/she commenced participation, by
submission of the Savings Agreement to the Plan Administrator.
Savings Agreements which are so submitted prior to the twentieth
day of a calendar month will be effective as of the first payroll
period commencing after the twentieth day of that calendar month."
IV.
Except as hereinbefore amended, the Plan shall continue in full force and
effect in accordance with its terms.
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IN WITNESS WHEREOF, this EIGHTH AMENDMENT has been executed by the
Employer and Trustees to signify their acceptance of the terms hereof as of
the date first written above.
EMPLOYER:
ATTEST: ZEBRA TECHNOLOGIES CORPORATION
By: By:
---------------------------------- ----------------------------
Secretary Chief Executive Officer
By:
----------------------------
Chief Financial Officer
By:
----------------------------
Human Resources Officer
TRUSTEES:
--------------------------------
XXXXXX XXXXXX
--------------------------------
XXXXXXX XXXXX
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