or (ii) the performance or nonperformance of
Operator of its responsibilities under this Agreement, unless such loss or
damage results from the gross negligence or willful misconduct of Lessee.
ARTICLE 8: TERMINATION
8.1 Termination by Operator. Operator shall have the right to terminate this
Agreement with immediate effect upon written notice to Lessee. This Agreement
shall automatically terminate upon the cessation of Lessee's employment by
Operator.
ARTICLE 9: MISCELLANEOUS
9.1 Governing Law. This Agreement shall be construed and performance hereof
shall be determined in accordance with the laws of the State of Illinois
(excluding conflict of laws principles).
9.2 Severability. If any provision of this Agreement becomes invalid, illegal or
unenforceable in any respect under any law, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or
impaired.
9.3 Counterparts. This Agreement may be executed in any number of counterparts,
each such counterpart constituting an original hereof.
ARTICLE 10: TRUTH-IN-LEASING
10.1 Truth-in-Leasing. THE AIRCRAFT SUBJECT TO THIS TIME SHARING AGREEMENT WILL
BE MAINTAINED AND INSPECTED IN ACCORDANCE WITH PART 91 OF THE FEDERAL AVIATION
REGULATIONS DURING THE TWELVE (12) MONTHS PRECEDING THE EFFECTIVE DATE HEREOF
AND THE OPERATOR HERETO CERTIFIES THAT FOR THE PURPOSES OF THE OPERATION TO BE
CONDUCTED PURSUANT TO THIS AGREEMENT THE AIRCRAFT IS IN FULL COMPLIANCE WITH THE
APPLICABLE MAINTENANCE AND INSPECTION REQUIREMENTS OF SAID PART 91. THE NAME AND
ADDRESS OF THE PARTY RESPONSIBLE FOR THE OPERATIONAL CONTROL OF THE AIRCRAFT FOR
THE TERM OF THIS AGREEMENT IS MOTOROLA SOLUTIONS, INC., 1303 EAST ALGONQUIN
ROAD, SCHAUMBURG, ILLINOIS 60196 AND SAID PARTY HEREBY CERTIFIES THAT IT
UNDERSTANDS ITS RESPONSIBILITY TO COMPLY WITH APPLICABLE FEDERAL AVIATION
REGULATIONS. AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL AND
PERTINENT FEDERAL AVIATION REGUILATIONS CAN BE OBTAINED FROM THE NEAREST FEDERAL
AVIATION ADMINISTRATION FLIGHT STANDARDS DISTRICT OFFICE.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
1st day of October, 2015.
MOTOROLA SOLUTIONS, INC.
LESSEE
/S/ DANIEL PEKOFSKE
/S/ GREGORY Q. BROWN
________________________________
________________________________
Name: Daniel Pekofske
Name: Gregory Q. Brown
Title: Vice President, Finance and Assistant Treasurer
SCHEDULE 1
AIRCRAFT SUBJECT TO THE TIME SHARING AGREEMENT
Aircraft*
Make / Model: Bombardier Challenger 350LXi - fractional ownership interest
Serial No.: 20581
FAA Registration No.: N575FX
Make / Model: Gulfstream G450LXi - fractional leasehold
Serial No.: 4330
FAA Registration No.: N450FX
*Subject to availability. Operator may substitute other equivalent aircraft for
Lessee flights, but such substitution shall not alter the Parties' rights,
duties, and obligations under this Agreement.
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