Document:

EX-10.2

Exhibit 10.2

HARRIS CORPORATION

2000 STOCK INCENTIVE PLAN

STOCK OPTION AGREEMENT

TERMS AND CONDITIONS

(AS OF 8/26/05)

1. The Option – Terms and Conditions. Under and subject to the provisions of the
Harris Corporation 2000 Stock Incentive Plan (as amended from time to time the “Plan”), Harris
Corporation (the “Corporation”) has granted to the Employee a Non-Qualified Stock Option (the
“Option”) to purchase such number of shares of Common Stock of the Corporation at the designated
price per share as set forth in writing by the Corporation to the Employee. Such grant is subject
to the following Terms and Conditions (together with the Corporation’s letter specifying the number
of options and exercise price and other terms, the “Agreement”):

(a) Except as set forth in Sections 1(e), 2(b), 2(c), or 2(d), the Option shall not be
exercisable to any extent until and unless the Employee shall have remained continuously in the
employ of the Corporation until the stock option shall become exercisable. The grant of the Option
shall not limit or restrict the Corporation’s rights to terminate the Employee’s employment.

(b) During the lifetime of the Employee, the Option shall be exercisable only by the Employee,
and, except as otherwise set forth in Section 2, only while the Employee continues as an Employee
of the Corporation.

(c) Notwithstanding any other provision of these Terms and Conditions and the Agreement, the
Option shall expire no later than seven years from the grant date (the “Expiration Date”), and
shall not be exercisable thereafter.

(d) The Option shall become exercisable as follows:

(i) On and after June 30, 2006 and prior to the end of two years from the grant date, not more
than fifty percent of the grant;

(ii) On and after June 30, 2007 and prior to the end of three years from the grant date, not
more than seventy-five percent of the grant; and

(iii) After the end of three years from the grant date, one-hundred percent of the grant.

(e) Upon a “change of control” of the Corporation (as defined in Section 11.1 of the Plan) any
outstanding Option shall immediately become fully exercisable.

2. Termination of Employment.

(a) Termination of Employment. In the event of termination of employment with the
Corporation other than as a result of circumstances described in Sections 2(b), (c), (d), and (e)
below, the Option, whether exercisable or not, shall terminate immediately upon termination of
employment.

(b) Death. Notwithstanding Section 1(d), in the event of the death of the Employee
while employed by the Corporation, the Option shall immediately become fully vested and exercisable
and shall be exercisable only within the twelve (12) months following the date of death, but no
later than the Expiration Date. In the event of the death of the Employee following termination of
or cessation of employment, the Option shall be exercisable only within the twelve (12) months
following the date of death, but no later than the Expiration Date and then only to the extent that
the Option was exercisable on the day immediately prior to the date of the Employee’s death.
Following the death of the Employee, the Option may be exercised only by the executor or
administrator of the Employee’s estate or by the person or persons to whom the Employee’s rights
under the Option shall pass by the Employee’s will or the laws of descent and distribution.

(c) Disability. In the event of cessation of employment due to disability of the
Employee (as determined by the Corporation) while employed by the Corporation, the Option shall be
exercisable by the Employee until the Expiration Date and shall, unless Section 2(b) is applicable,
continue to become exercisable after such cessation of employment due to disability according to
the schedule set forth in Section 1(d).

(d) Retirement. In the event of retirement of the Employee, the Option shall, if the
retirement occurs after the Employee has reached age 55 and has ten or more years of full-time
service with the Corporation, be exercisable by the Employee until the Expiration Date and only to
the extent that the Option was exercisable at the date of such retirement. In the event of
retirement of the Employee, the Option shall, if the retirement occurs after the Employee has
reached age 62 and has ten or more years of full-time service with the Corporation, be exercisable
by the Employee until the Expiration Date and shall, unless Section 2(b) is applicable, continue to
become exercisable after such retirement according to the schedule set forth in Section 1(d).

(e) Involuntary Termination. In the event of termination of employment of the
Employee by the Corporation other than for Misconduct, the Option shall be exercisable only by the
Employee within the three (3) months following such cessation of employment but no later than the
Expiration Date and only to the extent that it was exercisable at the date of such cessation of
employment. In the event of termination of employment of the Employee by the Corporation for
deliberate, willful or gross misconduct (“Misconduct”), as determined by the Corporation, the
Option shall immediately terminate.

3. Exercise of Option. The Option may be exercised by delivering to the Corporation
at the office of the Corporate Secretary (i) a written notice, signed by the person entitled to
exercise the Option, stating the designated number of shares such person then elects to purchase,
(ii) payment in an amount equal to the full purchase price of the shares to be purchased, and (iii)
in the event the Option is exercised by any person other than the Employee, evidence satisfactory
to the Corporation that such person has the right to exercise the Option. Payment shall be made
(a) in cash, (b) in previously acquired shares of Common Stock of the Corporation, or (c) in any
combination of cash and such shares. Shares tendered in payment of the purchase price which have
been acquired through an exercise of a stock option shall have been held at least six months prior
to exercise of the Option and shall be valued at the Fair Market Value. Upon the exercise of the
Option, the Corporation shall cause the shares in respect of which the Option shall have been so
exercised to be issued and delivered by crediting such shares to a book-entry account for the
benefit of the Employee or his or her designee maintained by the Corporation’s stock transfer agent
or its designee. The Employee does not have any rights as a shareholder in respect of any shares
as to which the Option shall not have been duly exercised and no rights as a shareholder shall
exist prior to the proper exercise of such Option.

4. Prohibition Against Transfer. The Option and rights granted by the Corporation
under these Terms and Conditions and the Agreement are not transferable except to family members or
trust by will or by the laws of descent and distribution, provided that the Option may not be so
transferred to family members or trusts except as permitted by applicable law or regulations.
Without limiting the generality of the foregoing, the Option may not be assigned, transferred
except as aforesaid, pledged or hypothecated, shall not be assignable by operation of law, and
shall not be subject to execution, attachment or similar process. Any attempted assignment,
transfer, pledge, hypothecation or other disposition of the Option contrary to the provisions
hereof, or the levy of any execution, attachment or similar process upon the Option, shall be null
and void and without effect.

5. Employment by Parent, Subsidiary or Successor. For the purpose of these Terms and
Conditions and the Agreement, employment by the Corporation, any Subsidiary of or a successor to
the Corporation shall be considered employment by the Corporation.

6. Board Committee. The Board Committee shall have authority, subject to the express
provisions of the Plan as in effect from time to time, to construe these Terms and Conditions and
the Agreement and the Plan, to establish, amend and rescind rules and regulations relating to the
Plan, and to make all other determinations in the judgment of the Board Committee necessary or
desirable for the administration of the Plan. The Board Committee may correct any defect or supply
any omission or reconcile any inconsistency in these Terms and Conditions and the Agreement in the
manner and to the extent it shall deem expedient to carry the Plan into effect, and it shall be the
sole and final judge of such expediency.

7. Incorporation of Plan Provisions. These Terms and Conditions and the Agreement are
made pursuant to the Plan, the provisions of which are hereby incorporated by reference.
Capitalized terms not otherwise defined herein have the meanings set forth in the Plan. In the
event of a conflict between the terms of these Terms and Conditions and the Agreement and the Plan,
the terms of the Plan shall govern.EX-10.3

Exhibit 10.3

HARRIS CORPORATION

2000 STOCK INCENTIVE PLAN

PERFORMANCE SHARE AWARD AGREEMENT

TERMS AND CONDITIONS

(AS OF 8/26/05)

1. Performance Share Award – Terms and Conditions. Under and subject to the
provisions of the Harris Corporation 2000 Stock Incentive Plan (as amended from time to time the
“Plan”), Harris Corporation (the “Corporation”) has granted to the Employee a Performance Share
Award (the “Award”) of such number of shares of Common Stock, $1.00 par value, of the Corporation
as set forth and designated in writing by the Corporation to the Employee (the “Stock”). Such
Award is subject to the following Terms and Conditions (which together with the Corporation’s
letter specifying the number of shares subject of the Award, the Performance Period and the Exhibit
related thereto is referred to as the “Agreement”):

(a) For purposes of the Agreement, the “Performance Period” shall be the Performance Period
set forth and designated as such in writing by the Corporation to the Employee.

(b) Within two and one-half months of the expiration of the Performance Period and upon the
satisfaction of the applicable withholding obligations, the Corporation shall at its option, cause
such shares as to which the Employee is entitled pursuant to Section 1(c) hereof either (i) to be
issued without restriction by delivery of a stock certificate in the name of the Employee or his or
her designee, and the certificate shall be released to the custody of the Employee, or (ii) to be
credited without restriction to a book-entry account for the benefit of the Employee or his or her
designee maintained by the Corporation’s stock transfer agent or its designee.

(c) (i) The payout of the Award shall be contingent upon the attainment during the
Performance Period of the performance objectives set forth in the goals exhibit delivered to the
Employee at the time of the making of the Award (the “Exhibit”). The payout of the Award shall be
determined upon the expiration of the Performance Period in accordance with the Exhibit. The final
payout determination of the Award will be authorized by the Harris Board of Directors, the Board
Committee, or its designee.

(ii) If employment is commenced after July 15th of the first fiscal year of the
Performance Period (such commencement date is referred to as the “Start Date”), the final payout to
be made to the Employee determined in accordance with the prior provisions of this Section 1(c)
shall be reduced by 1/36th for each month between July 1 of the first fiscal year of the
Performance Period and the Start Date. Only a Start Date prior to the 15th of a month
shall be deemed employment for a full month. Other than with respect to the final payout, the
pro-ration pursuant to this Section will not otherwise impact the Award (e.g., the Employee will
have full voting rights and will be entitled to receive dividend equivalent payments and other
distributions with respect to all Award shares).

(d) Subject to Section 7 hereof, during the Performance Period, the Employee may exercise full
voting rights with respect to all shares of Stock subject of the Award and shall be entitled to
receive dividends and other distributions paid with respect to such shares. Upon the expiration of
the Performance Period, the Employee may exercise voting rights and shall be entitled to receive
dividends and other distributions with respect to the number of shares to which the Employee is
entitled pursuant to Section 1(c) hereof.

(e) The number of shares subject of the Award is based upon the assumption that the Employee
shall continue to perform substantially the same duties throughout the Performance Period, and such
number of shares may be reduced or increased by the Board of Directors or the Board Committee or
its designee without formal amendment of the Agreement to reflect a change in duties during the
Performance Period.

2. Termination of Employment. Other than in the event of a “change in control”
covered in paragraph 5 herein, if the Employee ceases to be an employee of the Corporation or of
one of its Subsidiaries or Affiliates prior to the expiration of the Performance Period: (i) for
any reason other than death, disability, retirement after age 55 with ten or more years full-time
service or involuntary termination of employment of the Employee by the Corporation other than for
Misconduct, all shares of Stock awarded to the Employee hereunder shall be forfeited; or (ii) due
to (a) death, (b) disability, (c) retirement after the Employee has reached age 55 and has ten or
more years of full-time service, or (d) involuntary termination of employment by the Corporation
other than for Misconduct, the Employee shall be eligible to receive a pro-rata proportion of the
shares of Stock which would have been issued to the Employee under the Award at the end of the
Performance Period determined in accordance with the provisions of Section 1(c) hereof, such
pro-rata proportion to be measured by a fraction of which the numerator is the number of months of
the Performance Period during which the Employee’s employment continued, and the denominator is the
full number of months of the Performance Period. For purposes of this Section 2, only employment
for 15 days or more of a month shall be deemed employment for a full month. Termination of
employment of the Employee by the Corporation for deliberate, willful or gross misconduct, as
determined by the Corporation, shall constitute “Misconduct.”

3. Transfer of Employment. If the Employee transfers employment from one business
unit of the Corporation or an Affiliate to another business unit or Affiliate during a Performance
Period, the Employee shall be eligible to receive the number of shares of Stock determined by the
Board of Directors or the Board Committee based upon such factors as the Board of Directors or the
Board Committee, as the case may be, in its sole discretion may deem appropriate.

4. Prohibition Against Transfer. Until the expiration of the Performance Period, the
Award and the shares of Stock subject of the Award and the rights granted under these Terms and
Conditions and the Agreement are nontransferable except to family members or trust by will or by
the laws of descent and distribution, provided that the Award and the shares of stock subject of
the Award may not be so transferred to family members or trust except as permitted by applicable
law or regulations. Without limiting the generality of the foregoing except as aforesaid, the
Award and such shares may not be sold, exchanged, assigned, transferred, pledged, hypothecated or
otherwise disposed of until the expiration of the Performance Period and issuance of the shares
without restriction as set forth in Section 1(c) hereof, shall not be assignable by operation of
law, and shall not be subject to execution, attachment or similar process. Any attempt to effect
any of the foregoing shall be null and void and without effect.

5. Change in Control. (a) Upon a “change in control” of the Corporation as defined in
Section 11.1 of the Plan, the performance objectives shall be conclusively deemed to have been
attained. The Award shall be vested immediately prior to the occurrence of a “change in control.”
The Award shall be paid to the Employee at the end of the Performance Period, provided however: (i)
in the event of death, disability, retirement, or involuntary termination other than for Cause,
the Award shall be paid in Stock as soon as practicable; (ii) in the event of resignation
or termination for Cause, the Award shall be forfeited; and (iii) in the event of a “change in the
Corporation’s capital structure,” at the election of the Employee, the Award shall be paid in
Stock or converted and paid in cash. The amount of the cash payment will be an amount
equal to the number of shares subject of the Award multiplied by the highest price per share paid
in any transaction reported on the New York Stock Exchange Composite Index: (x) during the sixty
(60) day period preceding and including the date of a “change in the Corporation’s capital
structure;” or (y) during the sixty (60) day period preceding and including the date of “change in
control”. An Award in Stock or cash shall be paid as soon as practicable following a “change in
the Corporation’s capital structure.”

(b) For purposes hereof, a “change in the Corporation’s capital structure” shall be deemed to
have occurred if:

(i) the Stock is no longer the only class of the Corporation’s common stock;

(ii) the Stock ceases to be, or is not readily, tradable on an established securities market
(in the United States) within the meaning of Section 409 (l)(1) of the Internal Revenue Code of
1986, as amended;

(iii) the Corporation issues warrants, convertible debt, or any other security that is
exercisable or convertible into common stock, except for rights granted under the Plan; or

(iv) the ratio of total debt to total capitalization exceeds 45 percent. Total debt is the
total debt for borrowed money. Total capitalization is consolidated total assets of the
Corporation less consolidated total liabilities of the Corporation.

(c) “Cause” shall mean (1) a material breach by the Employee of the duties and
responsibilities of the Employee (other than as a result of incapacity due to physical or mental
illness) which is (x) demonstrably willful, continued and deliberate on the Employee’s part, (y)
committed in bad faith or without reasonable belief that such breach is in the best interests of
the Corporation and (z) not remedied within fifteen (15) days after receipt of written notice from
the Corporation which specifically identifies the manner in which such breach has occurred or (2)
the Employee’s conviction of, or plea of nolo contendere to, a felony involving
willful misconduct which is materially and demonstrably injurious to the Corporation. Any act, or
failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or
based upon the advice of counsel for the Corporation shall be conclusively presumed to be done, or
omitted to be done, by the Employee in good faith and in the best interests of the Corporation.
Cause shall not exist unless and until the Company has delivered to Employee a copy of a resolution
duly adopted by three-quarters (3/4) of the entire Board at a meeting of the Board called and held
for such purpose (after thirty (30) days notice to Employee and an opportunity for Employee,
together with counsel, to be heard before the Board), finding that in the good faith opinion of the
Board an event set forth in clauses (1) or (2) has occurred and specifying the particulars thereof
in detail. The Company must notify the Employee of any event constituting Cause within ninety (90)
days following the Company’s knowledge of its existence or such event shall not constitute Cause
under these Terms and Conditions.

6. Miscellaneous. These Terms and Conditions and the Agreement (a) shall be binding
upon and inure to the benefit of any successor of the Corporation, (b) shall be governed by the
laws of the State of Delaware and any applicable laws of the United States, and (c) except as
permitted under Sections 3.2, 12 and 13.6 of the Plan, may not be amended without the written
consent of both the Corporation and the Employee. No contract or right of employment shall be
implied by these Terms and Conditions and the Agreement of which they form a part. If the Award is
assumed or a new award is substituted therefor in any corporate reorganization (including, but not
limited to, any transaction of the type referred to in Section 424(a) of the Internal Revenue Code
of 1986, as amended), employment by such assuming or substituting corporation or by a parent
corporation or subsidiary thereof shall be considered for all purposes of the Award to be
employment by the Corporation.

7. Securities Law Requirements. The Corporation shall not be required to issue shares
pursuant to the Award unless and until (a) such shares have been duly listed upon each stock
exchange on which the Corporation’s Stock is then registered; and (b) a registration statement
under the Securities Act of 1933 with respect to such shares is then effective.

8. Board Committee. The Board Committee shall have authority, subject to the express
provisions of the Plan as in effect from time to time, to construe these Terms and Conditions and
the Agreement and the Plan, to establish, amend and rescind rules and regulations relating to the
Plan, and to make all other determinations in the judgment of the Board Committee necessary or
desirable for the administration of the Plan. The Board Committee may correct any defect or supply
any omission or reconcile any inconsistency in these Terms and Conditions and the Agreement in the
manner and to the extent it shall deem expedient to carry the Plan into effect, and it shall be the
sole and final judge of such expediency.

9. Adjustments. Non-recurring losses or charges which are separately identified and
quantified in the Corporation’s audited financial statements and notes thereto including, but not
limited to, extraordinary items, changes in tax laws, changes in generally accepted accounting
principles, impact of discontinued operations, restructuring charges, restatement of prior period
financial results, shall be excluded from the calculation of performance results for purposes of
the Plan. However, the Board Committee can choose to include any or all such non-recurring items
as long as inclusion of each such item causes the Award to be reduced.

10. Impact of Restatement of Financial Statements upon Awards. If any of the
Corporation’s financial statements are restated, resulting from errors, omissions, or fraud, the
Board Committee may (in its sole discretion, but acting in good faith) direct that the Corporation
recover all or a portion of any Award or payment made to the Employee with respect to any fiscal
year of the Corporation the financial results of which are negatively affected by such restatement.
The amount to be recovered shall be the amount by which the affected Award or payment exceeded the
amount that would have been payable had the financial statements been initially filed as restated,
or any greater or lesser amount (including, but not limited to, the entire Award) that the Board
Committee shall determine. The Board Committee shall determine whether the Corporation shall
effect any such recovery (i) by seeking repayment from the Employee, (ii) by reducing (subject to
applicable law and the terms and conditions of the applicable plan, program or arrangement) the
amount that would otherwise be payable to the Employee under any compensatory plan, program or
arrangement maintained by the Corporation, a Subsidiary or any of its Affiliates, (iii) by
withholding payment of future increases in compensation (including the payment of any discretionary
bonus amount) or grants of compensatory awards that would otherwise have been made in accordance
with the Corporation’s otherwise applicable compensation practices, or (iv) by any combination of
the foregoing or otherwise.

11. Incorporation of Plan Provisions. These Terms and Conditions and the Agreement
are made pursuant to the Plan, the provisions of which are hereby incorporated by reference.
Capitalized terms not otherwise defined herein shall have the meanings set forth for such terms in
the Plan. In the event of a conflict between the terms of these Terms and Conditions and the
Agreement and the Plan, the terms of the Plan shall govern.

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