Exhibit 10.22
EMS TECHNOLOGIES, INC.
Supplemental Retirement Income Agreement
with
Don T. Scartz
          THIS SUPPLEMENTAL RETIREMENT INCOME AGREEMENT made and entered into as
of this 16th day of November, 2007, by and between EMS Technologies, Inc., a
Georgia corporation (“EMS” or the “Company”), and Don T. Scartz (the
“Employee”).
          WHEREAS, Employee is a long-term senior management employee of EMS,
whose compensation has from time to time exceeded the amounts with respect to
which the Company could, under applicable Internal Revenue Service rules, set
aside amounts for Employee’s retirement through its qualified Retirement
Program; and
          WHEREAS, the Company wishes to provide additional amounts for
Employee’s retirement, to be paid to him as provided below; and
          WHEREAS, the Company and Employee desire to enter into this
Supplemental Retirement Income Agreement (the “Agreement”) to evidence the
Company’s obligations to make such future payments to Employee.
          NOW, THEREFORE, in consideration of the premises and of the covenants
and agreements herein set forth, the parties hereto agree as follows:
ARTICLE I
BENEFITS
          1.1 Supplemental Retirement Income Account. (a) By not later than
December 31, 2007, the Company shall establish, and shall thereafter maintain, a
supplemental retirement income account (“Account”) in the Employee’s name on its
records. Effective December 31, 2007, the Account shall be credited with the
amount of $100,000. The Company shall thereafter credit to the Account interest
at the rate per annum published from time to time by SunTrust Bank, Atlanta,
Georgia as its prime rate for commercial customers, compounded quarterly, on the
daily balance in the Account. The balance of the account at any time, after
crediting with interest and subtracting payments as provided herein, is referred
to herein as the “Account Balance.” The Employee’s interest in the Account
Balance shall at all times be 100% vested and nonforfeitable.
          (b) Subject to Section 1.3, the Company shall pay the Employee his
Account Balance in payments of $35,000 each (or the remaining Account Balance if
less) commencing on January 10, 2009 and on each anniversary of such date, until
his Account Balance has been paid in full.

 

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          (c) Notwithstanding paragraph (b) above, in the event of a Change in
Control of the Company, as defined in the Employee’s Officer’s Protection
Agreement with the Company, then the Employee shall be entitled to receive a
lump sum payment of his Account Balance within ten (10) days of the date of the
Change in Control.
          1.2 Death Benefit. If Employee dies prior to the full payment of his
Account Balance, his Account Balance shall thereafter be paid, on the schedule
specified in paragraph (b) (or in the event a Change in Control has occurred,
paragraph (c)), to such person(s) as Employee shall designate by written
instrument in the form of Schedule “A” attached hereto. Employee shall have the
right to change the designated recipient(s) of this payment by delivering to the
Company prior to his death an amended and updated designation in the form of
Schedule “A.” In the event Employee shall fail to designate a recipient prior to
his death in the manner described above, or if all such designations previously
received by the Company have been revoked by Employee under a written revocation
delivered to the Company prior to Employee’s death, the payment shall be made to
Employee’s surviving spouse, or if Employee dies without a spouse surviving him,
then to the duly qualified executor or administrator of Employee’s estate. Any
person other than Employee who is to receive or who receives benefits under this
Agreement is herein referred to as a “designated recipient(s).”
          1.3 Conformance with Section 409A.
          The Company shall have the authority to delay the commencement of all
or a part of the payments to Employee under this Agreement if Employee is a “key
employee” of the Company (as determined by the Company in accordance with
procedures established by the Company that are consistent with Section 409A) to
a date which is six months after the date of separation from service (and on
such date the payments that would otherwise have been made during such six-month
period shall be made) to the extent (but only to the extent) such delay is
required under the provisions of Section 409A to avoid imposition of additional
income and other taxes, provided that the Company and Employee agree to take
into account any transitional rules and exemption rules available under
Section 409A.
          This Agreement shall be operated in accordance with the requirements
of Section 409A of the Internal Revenue Code of 1986, as amended. Any action
that may be taken (and, to the extent possible, any action actually taken) by
the Administrator or the Company shall not be taken (or shall be void and
without effect), if such action violates the requirements of such Section 409A.
Any provision in this Agreement that is determined to violate the requirements
of such Section 409A shall be void and without effect. In addition, any
provision that is required to appear in this Agreement in accordance with such
Section 409A that is not expressly set forth shall be deemed to be set forth
herein, and the Agreement shall be administered in all respects as if such
provision were expressly set forth.
ARTICLE II
UNFUNDED OBLIGATIONS
          The Company’s obligations under this Agreement shall be unfunded and
unsecured promises to pay the benefits provided for hereunder. The Company shall
not be obligated to set aside the Account Balance in a “rabbi trust,” nor shall
it establish any other trust

 

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or payment mechanism that would result in taxable income to the Employee prior
to the actual payment to him or his designated recipient.
          The rights of Employee, any designated recipient of Employee or any
other person claiming through Employee under this Agreement, shall be solely
those of an unsecured general creditor of the Company. Employee, any designated
recipient of Employee or any other person claiming through Employee, shall only
have the right to receive from the Company those payments that are specified
under this Agreement. Employee agrees that he, his designated recipient(s) or
any other person claiming through him shall have no rights or interests
whatsoever in any asset of the Company.
ARTICLE III
INDEPENDENCE OF BENEFITS
          The benefits payable under this Agreement shall be independent of, and
in addition to, any other benefits or compensation payable by the Company to
Employee, whether as salary, bonus or otherwise. This Agreement does not involve
a reduction in salary or a foregoing of an increase in future salary by Employee
and does not in any way affect or reduce the existing and future compensation
and other benefits of Employee.
ARTICLE IV
EMPLOYMENT RIGHTS
          This Agreement shall not be deemed to constitute a contract of
employment between the Company and Employee and shall not create any rights in
Employee to continue in the Company’s employ for any specific period of time or
any other rights in Employee or obligations on the part of the Company, except
as are expressly set forth herein. No provision of this Agreement shall restrict
the right of the Company to discharge Employee, with or without cause, or
restrict the right of Employee to terminate his employment with the Company.
ARTICLE V
NONALIENATION OF BENEFITS
          No right or benefit under this Agreement shall be subject to
anticipation, alienation, sale, assignment, pledge, encumbrance or charge, and
any attempt to anticipate, alienate, sell, assign, pledge, encumber or charge
the same shall be void. No right or benefit hereunder shall in any manner be
liable for or subject to the debts, contracts, liabilities or torts of Employee
or his designated recipient(s). If Employee or any such recipient shall become
bankrupt or attempt to anticipate, alienate, sell, assign, pledge, encumber or
charge any right or benefit hereunder, then such right or benefit shall, in the
discretion of the Board of Directors of the Company, cease and terminate, and in
such event, the Company may hold or apply same or any part thereof for the
benefit of Employee or his designated recipient(s), his spouse, children or
other dependents, or any of them, in such manner and in such proportion as the
Board of Directors of the Company may deem proper under the then existing
circumstances.

 

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ARTICLE VI
AGREEMENT BINDING ON SUCCESSORS
          This Agreement is solely between the Company and Employee, and
Employee and his designated recipient(s) shall have recourse only against the
Company and its successors and assigns for enforcement hereof. This Agreement
will be binding upon Employee’s designated recipient(s), heirs and personal
representatives and upon the successors and assigns of the Company.
ARTICLE VII
ADMINISTRATOR AND CLAIMS PROCEDURE
          7.1 Administrator. The Administrator under this Agreement is the
Company. The business address and telephone number of the Administrator under
this Agreement are: EMS Technologies, Inc., ATTN: General Counsel, telephone
number: 770-263-9200.
          7.2 Claims Procedure. Benefits shall be paid in accordance with the
provisions of this Agreement. The Administrator shall make all determinations as
to the right of Employee or any other person to a benefit under this Agreement,
and any requests for such a benefit must be made in writing mailed or delivered
to the Administrator. If such a request is wholly or partially denied, notice of
the decision shall be mailed to the claiming person no later than 60 days after
the receipt of the request by the Administrator. The claim review procedure is
available upon written request by the claimant to the Administrator within
30 days after receipt by the claimant of written notice of the denial of the
claim and includes the right to examine pertinent documents and submit issues
and comments in writing to the Administrator. The decision on review will be in
writing and will be made within 60 days after receipt of the request for review,
unless circumstances warrant an extension of time not to exceed an additional
60 days. The Administrator shall have the exclusive discretionary authority to
make all determinations relating to the Employee’s rights to benefits hereunder,
but such authority shall not affect or reduce Employee’s right to receive such
benefits or to enforce such rights by judicial action in a court of appropriate
jurisdiction.
ARTICLE VIII
GENERAL PROVISIONS
          8.1 Any and all notices or any other communication provided for herein
shall be given in writing personally or by registered or certified mail, postage
prepaid, which shall be addressed in the case of the Company to the
Administrator at the address specified in Section 7.1 hereof, and in the case of
Employee or his designated recipient(s), to the business or residence address of
such person last known to the Company (if mailed, the second business day after
the date of mailing shall constitute the date such notice or other communication
is given).
          8.2 This Agreement contains the entire agreement between the parties
hereto relating to the matters provided herein, and no agreement not expressly
contained herein shall be of any force or effect. This Agreement shall not be
modified or amended in any manner

 

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except by an instrument in writing executed by the parties. This Agreement shall
be governed, construed and enforced in accordance with applicable Federal law
and, where such law is not applicable, by Georgia law. Its provisions are
severable, and the validity of one or more of the provisions herein shall not
have any effect upon the validity or enforceability of any other provision.
          8.3 For purposes of this Agreement, Employee shall be considered as
being employed by the Company if he is employed by any corporation controlled by
the Company (such as a subsidiary or a subsidiary of a subsidiary) or a
corporation which is a successor of the Company.
          8.4 If all or any part of any payment to Employee (or his
beneficiaries) becomes liable for the payment of any income, estate, inheritance
or other tax which the Company shall be required to pay or withhold, the Company
shall have the full power and authority to withhold and pay such tax out of any
amounts due hereunder.
          IN WITNESS WHEREOF, the parties hereto have caused this amended and
restated Agreement to be duly executed the day and year first above written.

                              EMS TECHNOLOGIES, INC.    
 
                   
Attest:
                   
 
                    /s/ William S. Jacobs       By:   /s/ Paul B. Domorski      
               
Secretary
(CORPORATE SEAL)
          Title:   President and CEO     
 
                                /s/ Don T. Scartz   (L.S.)                     
          Don T. Scartz    

 

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SCHEDULE “A”
Designation of
Death Benefit Recipient
          I, Don T. Scartz, request that the Company show on its records that I
have designated                                          as the primary
designated recipient(s), and                                           and
                                         as the secondary designated
recipient(s) of the death benefit payable under Section 1.2 of my Supplemental
Retirement Income Agreement with the Company dated November      , 2007, and
that the Company pay such death benefit to the above designated recipient(s) as
provided under the terms of such Agreement.
          The above secondary designated recipient(s), if any, shall receive the
above-described payments only if none of my primary designated recipient(s) is
living at the time such payments are to commence.
          You are instructed to retain the above designated recipient(s) on your
records until such time as you receive a new “Designation of Death Benefit
Recipient” form from me which changes this Designation. If I have previously
filed a Designation of this kind, it is hereby revoked and this Designation
shall take its place.

             
 
           
 
     
 
(Employee’s Signature)    
 
           
 
           
 
     
 
(Date)    
 
           
Received By Company:
           
 
           
 
           
 
           
 
Name
     
 
Date