EX-10.50
from 10-K
7 pages
This Letter Memorializes Our Recent Discussions Regarding the Terms of Your Employment With L3 Technologies, Inc. (“L3”) Following the Completion of the Merger (The “Merger”) Contemplated by the Agreement and Plan of Merger Among L3, Harris Corporation (“Harris”) and Leopard Merger Sub Inc., Dated as of October 12, 2018 (The “Merger Agreement”). References in This Letter to the “Company” Will Be Deemed to Refer to L3 Before the Closing and to the Combined Company (As Defined in the Merger Agreement) After the Closing. Except as Modified Herein, the Terms of the L3 Technologies, Inc. Amended and Restated Change in Control Severance Plan, as Amended and Restated Through July 25, 2018 (The “Cic Plan”), Will Remain in Full Force and Effect. Capitalized Terms Not Defined Herein Have the Meanings Ascribed to Them in the Merger Agreement. in the Event That (I) Your Employment With the Company Terminates for Any Reason Prior to the Closing Date or (II) the Merger Agreement Is Terminated Prior to the Closing of the Merger, This Letter Will Automatically Terminate and Be of No Further Force or Effect and Neither of the Parties Will Have Any Obligations Hereunder. This Agreement Supersedes in Its Entirety the Letter Agreement and the Term Sheet Attached Thereto, Dated October 12, 2018, Between You and L3. 1. Position
12/34/56
