Document:

Second Amendment to Employment Agreement

 Exhibit 10.2 
 EMPLOYMENT AGREEMENT BETWEEN 
 KENNETH M. HARPER AND GREER STATE BANK 
 Second Amendment 
 WHEREAS, Greer
State Bank (“Bank”) and Kenneth M. Harper (“Executive”) established an Employment Agreement on September 8, 2004, as amended by the First Amendment dated February 22, 2007 (collectively referred to as the
“Agreement”); 
 WHEREAS, the Bank and Executive wish to amend the Agreement; and 
 WHEREAS, Section 28 of the Agreement allows for amendment of the Agreement by a writing signed by the Executive and the Bank. 
 NOW, THEREFORE, the Bank and the Executive mutually do covenant and agree to make the following amendments to the Agreement, each of which shall be
effective as of December 31, 2008: 
 Paragraph 6 Incentive Compensation is deleted and is hereby changed to read as follows: 

(6) Incentive Compensation. The Bank’s Board of Directors may in its sole discretion, from time to time, grant incentive compensation to
the Executive in such amount as it deems appropriate. 
 The First Paragraph of Section 23 is deleted and is hereby changed to read as follows: 

 (23) Change of Control. Subject to the provisions of Paragraph (24) below, if within two (2) years following a Change of
Control (as hereinafter defined) Executive voluntarily terminates his employment or is terminated by the Bank or its successor without cause, Bank shall fully vest Executive in the salary continuation plan described in Paragraph (22)(b) above
and Executive shall be entitled to elect to take either (a) or (b) below: 
 Paragraph 3 of the First Amendment is deleted, and the following
paragraph is hereby added to the end of Section 23 of the Agreement: 
 Restriction on Timing of Distribution. Notwithstanding
any provision of this Agreement to the contrary, if the Executive is considered a Specified Employee at termination of employment under such procedures established in accordance with Section 409A of the Code, benefit distributions that are made
upon termination of employment may not commence earlier than six (6) months after the date of such termination of employment. Therefore, in the event this paragraph under Section 23 is applicable to the Executive, who is a Specified
Employee in accordance with Section 409A of the Code at that time, any distribution which would otherwise be paid to the Executive within the first six (6) months following the termination of employment shall be accumulated and paid to the
Executive in a lump sum on the first day of the seventh month following the termination of Employment. Any subsequent distributions shall be paid in the manner specified. 

 IN WITNESS WHEREOF, the Bank and the Executive have caused this
Second Amendment to the Employment Agreement to be adopted and this document executed this 30th day of December, 2008. 
  

							
	IN THE PRESENCE OF:	 		 		 	
			
	 /s/ Karen M. Corn
	 		 	 /s/ Kenneth M. Harper

		 		 	Kenneth M. Harper (Executive)
	 /s/ Tammy S. Thompson
	 		 	
		 		 	GREER STATE BANK (Bank)
	 /s/ Karen M. Corn
	 		 		 	
		 		 	By:	 	 /s/ Walter Burch

	 /s/ Tammy S. Thompson
	 		 		 	Walter Burch, Chairman of the BoardSecond Amendment to Employment Agreement

 Exhibit 10.1 
 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 
 THIS SECOND AMENDMENT TO EMPLOYMENT
AGREEMENT (this “Amendment”) is dated December 30, 2008 and amends that certain Employment Agreement dated September 4, 2007, as amended by First Amendment to Employment Agreement dated November 16, 2007 (as amended, the
“Employment Agreement”), by and between ZEBRA TECHNOLOGIES CORPORATION (the “Employer”) and ANDERS GUSTAFSSON (the “Executive”). 
  

	 	1.	Section 4E(1) is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 include the Executive in any life insurance, disability insurance, medical, dental or health insurance, vacation (of four (4) weeks accrued pro
rata in each calendar year, which shall in all instances cease accruing beyond a cap of four (4) weeks of accrued but unused vacation, until said accrued but unused vacation bank drops below a four (4) weeks total), savings, pension
and retirement plans and other benefit plans or programs (including, if applicable, any excess benefit or supplemental executive retirement plans) maintained by the Employer for the benefit of its executive officers; and 
  

	 	2.	The first sentence of Section 7B(3) is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 Notwithstanding the foregoing, if the Executive is a “specified employee” as such term is defined under Section 409A of the Code and the
regulations and guidance promulgated thereunder, any payments described in this Paragraph 7B or Paragraph 7C to the extent applicable shall be delayed for a period of six (6) months following the Executive’s separation of employment
to the extent and up to an amount necessary to ensure such payments are not subject to the penalties and interest under Section 409A of the Code. 
  

	 	3.	A new section 7B(4) is hereby added to read as follows: 

 Each installment of Base Salary and Bonus paid under Section 7B is designated as a separate payment for purposes of the short-term deferral rules under Treasury Regulation Section 1.409A-1(b)(4)(i)(F) and the exemption for
involuntary terminations under separation pay plans under Treasury Regulation Section 1.409A-1(b)(9)(iii). As a result, the following payments are intended to be exempt from Section 409A of the Internal Revenue Code: (1) payments that
are made on or before the 15th day of the third month of the calendar year following the calendar year in which the Executive terminates employment, and (2) subsequent payments made on or before the last day of the second calendar year
following the year of the Executive’s termination that do not exceed the lesser of two times the Executive’s annual rate of pay in the year prior to the Executive’s termination or two times the limit under Section 401(a)(17) of
the Internal Revenue Code then in effect. 
  

	 	4.	Section 7C is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 C.           Excise Tax.        If it shall be
determined that any payment to the Executive 

  

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pursuant to this Agreement or any other payment or benefit from the Employer, any affiliate, any shareholder of the Employer or any other person would be
subject to the excise tax imposed by Section 4999 of the Code because such payment equals or exceeds three times the “Base Amount” (as defined under Section 280G of the Code) by an amount in excess of ten percent
(10%) of such three times the Base Amount, then the Executive shall receive a Tax Gross-Up Payment (as defined below) with respect to all such excise taxes. “Tax Gross-Up Payment” means an amount payable to the Executive such
that, after payment of Taxes (as defined below) on such amount there remains a balance sufficient to pay the Taxes being reimbursed. “Taxes” means the incremental United States federal, state and local income, excise and other taxes
payable by the Executive with respect to any applicable item of income. Any Tax Gross-Up Payment shall be paid no later than the end of Executive’s taxable year following the taxable year in which Executive remits such Taxes to the
applicable taxing authority. If it shall be determined that any payment to the Executive pursuant to this Agreement or any other payment or benefit from the Employer, any affiliate, any shareholder of the Employer or any other person would be
subject to the excise tax imposed by Section 4999 of the Code because such payment exceeds three times the Base Amount by an amount equal to ten percent (10%) or less of such three times the Base Amount, then the amount of any payments
hereunder which shall be paid to the Executive shall be reduced to an amount equal to one dollar less than three times the Base Amount. In the event that the amount of payments to be reduced is payable over more than one taxable year of
Executive, the payments to be made the furthest from the date on which the reduction is made shall be reduced first until the payment limit is reached. 
  

	 	5.	The first sentence in Section 8D is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 In the event that the Executive breaches any of the restrictions in this Paragraph 8, he shall forfeit all of the applicable payments and benefits under
this Agreement, including but not limited to such payments and benefits pursuant to Paragraph 7 (except those contained in Paragraph 7A or as otherwise prohibited by law), and the Employer shall have the right to recapture and seek repayment
of any such applicable payments and benefits under this Agreement. 
  

	 	6.	Defined terms not otherwise defined in this Amendment shall have the meanings ascribed to them in the Employment Agreement. 

  

	 	7.	All other provisions of the Employment Agreement shall remain unchanged. 

 ZEBRA TECHNOLOGIES CORPORATION 
  

									
	By:	 	   /s/ Joanne Townsend
	 		 	By:	 	       /s/ Anders Gustafsson

		 	Joanne Townsend, VP Human Resources	 		 		 	            Anders Gustafsson

  

 2Amendment No. 1 to Employment Agreement

 Exhibit 10.2 
 AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT 
 THIS AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
(this “Amendment”) is dated December 30, 2008 and amends that certain Employment Agreement (the “Employment Agreement”) dated December 12, 2007 by and between ZEBRA TECHNOLOGIES CORPORATION (the
“Employer”) and HUGH K. GAGNIER (the “Executive”). 
  

	 	1.	Section 4D(1) is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 include the Executive in any life insurance, disability insurance, medical, dental or health insurance, vacation (of four (4) weeks accrued pro
rata in each calendar year, which shall in all instances cease accruing beyond a cap of four (4) weeks of accrued but unused vacation, until said accrued but unused vacation bank drops below a four (4) weeks total), savings, pension
and retirement plans and other benefit plans or programs (including, if applicable, any excess benefit or supplemental executive retirement plans) maintained by the Employer for the benefit of its executive officers; and 
  

	 	2.	The first sentence of Section 7B(3) is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 Notwithstanding the foregoing, if the Executive is a “specified employee” as such term is defined under Section 409A of the Code and the
regulations and guidance promulgated thereunder, any payments described in this Paragraph 7B or Paragraph 7C to the extent applicable shall be delayed for a period of six (6) months following the Executive’s separation of employment
to the extent and up to an amount necessary to ensure such payments are not subject to the penalties and interest under Section 409A of the Code. 
  

	 	3.	A new section 7B(4) is hereby added to read as follows: 

 Each installment of Base Salary and Bonus paid under Section 7B is designated as a
separate payment for purposes of the short-term deferral rules under Treasury Regulation Section 1.409A-1(b)(4)(i)(F) and the exemption for involuntary terminations under separation pay plans under Treasury Regulation
Section 1.409A-1(b)(9)(iii). As a result, the following payments are intended to be exempt from Section 409A of the Internal Revenue Code: (1) payments that are made on or before the 15th day of the third month of the calendar year following the calendar year in which the Executive terminates employment, and (2) subsequent payments made on or before the last day
of the second calendar year following the year of the Executive’s termination that do not exceed the lesser of two times the Executive’s annual rate of pay in the year prior to the Executive’s termination or two times the limit under
Section 401(a)(17) of the Internal Revenue Code then in effect. 
  

	 	4.	Section 7C is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 C.           Excise Tax.         If it shall be
determined that any payment to the Executive pursuant to this Agreement or any other payment or benefit from the Employer, any 

  

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affiliate, any shareholder of the Employer or any other person would be subject to the excise tax imposed by Section 4999 of the Code because such
payment equals or exceeds three times the “Base Amount” (as defined under Section 280G of the Code) by an amount in excess of ten percent (10%) of such three times the Base Amount, then the Executive shall receive a Tax
Gross-Up Payment (as defined below) with respect to all such excise taxes. “Tax Gross-Up Payment” means an amount payable to the Executive such that, after payment of Taxes (as defined below) on such amount there remains a balance
sufficient to pay the Taxes being reimbursed. “Taxes” means the incremental United States federal, state and local income, excise and other taxes payable by the Executive with respect to any applicable item of income. Any Tax
Gross-Up Payment shall be paid no later than the end of Executive’s taxable year following the taxable year in which Executive remits such Taxes to the applicable taxing authority. If it shall be determined that any payment to the Executive
pursuant to this Agreement or any other payment or benefit from the Employer, any affiliate, any shareholder of the Employer or any other person would be subject to the excise tax imposed by Section 4999 of the Code because such payment exceeds
three times the Base Amount by an amount equal to ten percent (10%) or less of such three times the Base Amount, then the amount of any payments hereunder which shall be paid to the Executive shall be reduced to an amount equal to one dollar
less than three times the Base Amount. In the event that the amount of payments to be reduced is payable over more than one taxable year of Executive, the payments to be made the furthest from the date on which the reduction is made shall be
reduced first until the payment limit is reached. 
  

	 	5.	Section 8B is hereby deleted in its entirety and replaced with the following (the underlined language being added and the strikethrough language being
deleted): 

 B.         Noncompetition and
Nonsolicitation. While employed by the Employer and for a period of twenty-four (24) consecutive months following the date of termination of employment for any reason, the In consideration for the
compensation and benefits granted by the Employer to Executive under this Agreement, and in further consideration of Executive’s continued employment by the Employer, Executive hereby agrees that during the term of this Agreement and for a
period ending twelve (12) months after his termination of employment with the Employer as Executive under this Agreement, Executive will not directly or indirectly: 
     (1)        Contact, solicit, interfere with or
divert any of the Employer’s customers; accept employment or engage in a competing business, or engage in any activity that may result in the disclosure by disclosing, divulging or otherwise use of , using or
relying on Confidential Information, proprietary information or trade secrets acquired during Executive’s his employment with the Employer; and 
     (2)        Solicit any person who is employed by
the Employer for the purpose of encouraging that employee to join the Executive as a partner, agent, employee, contractor or otherwise in any business activity which is competitive with the Employer.

 In the event of any breach of this subparagraph B, the Executive agrees that the twenty-four (24) month
restricted period shall be tolled during the time of such breach. 
  

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	 	6.	The second sentence of Section 8D is hereby deleted in its entirety and replaced with the following (the underlined language being added): 

 In the event that the Executive breaches any of the restrictions in this Paragraph 8, he shall forfeit all of the applicable payments and benefits under
this Agreement, including but not limited to such payments and benefits pursuant to Paragraph 7 (except those contained in Paragraph 7A or as otherwise prohibited by law), and the Employer shall have the right to recapture and seek repayment
of any such applicable payments and benefits under this Agreement. 
  

	 	7.	The following is hereby added to the end of Section 8E(1): 

 Executive recognizes that this Agreement does not require assignment of any Invention which qualifies fully for protection under Section 2870 of the California Labor Code, which provides as follows: 
 (i)         Any provision in an employment agreement which provides that an employee shall
assign, or offer to assign, any of his or her rights in an invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer’s equipment, supplies,
facilities, or trade secret information except for those inventions that either: 
   (a)         Relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably anticipated research or development of the
employer; or 
   (b)         Result from any work performed by the
employee for the employer. 
 (ii)         To the extent a provision in an
employment agreement purports to require an employee to assign an invention otherwise excluded from being required to be assigned under subdivision (i), the provision is against the public policy of this state and is unenforceable. 
  

	 	8.	Section 17 is hereby deleted in its entirety replaced with the following: 

 Governing Law; Choice of Forum. This Agreement shall be interpreted and construed in accordance with the laws of the State of California, without regard to its, or any other State’s, choice of law
principles. The Employer has offices in California and Executive understands and acknowledges the Company’s desire and need to defend any litigation against it in California. Accordingly, the parties agree that any claim of any type brought by
Executive against the Employer or any of its employees or agents must be maintained only in a court sitting in California. Executive further understands and acknowledges that in the event the Employer initiates litigation against Executive, the
Employer may need to prosecute such litigation in Executive’s forum state, in California, or in such other state where Executive is subject to personal jurisdiction. Accordingly, the parties agree that the Employer can pursue any claim against
Executive in any forum in which Executive is subject to personal jurisdiction. Executive specifically consents to personal jurisdiction in California. 
  

	 	9.	 Defined terms not otherwise defined in this Amendment shall have the meanings ascribed 

  

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to them in the Employment Agreement. 

  

	 	10.	All other provisions of the Employment Agreement shall remain unchanged. 

 ZEBRA TECHNOLOGIES CORPORATION 
  

									
	By:	 	   /s/ Joanne Townsend
	 		 	By:	 	       /s/ Hugh K. Gagnier

		 	  Joanne Townsend, Vice President, HR	 		 		 	  Hugh K. Gagnier

  

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