Document:

Cash Insentive Plan

 Exhibit 10.1 
 L-3 COMMUNICATIONS HOLDINGS, INC. 
 2012 CASH INCENTIVE PLAN

  

	1.	Purpose of the Plan 

 The purpose of the
Plan is to enable the Company and its Subsidiaries to attract, retain, motivate and reward executive officers and key employees by providing them with the opportunity to earn competitive compensation directly linked to the Company’s performance
or otherwise. 
  

	2.	Definitions 

 The following capitalized
terms used in the Plan have the respective meanings set forth in this Section: 
 (a) “Affiliate” shall mean,
with respect to any entity, any entity directly or indirectly controlling, controlled by, or under common control with, such entity. 
 (b) “Board” shall mean the Board of Directors of the Company. 

(c) “Cause” shall mean the Participant’s (1) intentional failure to perform reasonably assigned duties,
(2) dishonesty or willful misconduct in the performance of duties, (3) engaging in a transaction in connection with the performance of duties to the Company or its Subsidiaries which transaction is adverse to the interests of the Company
and is engaged in for personal profit or (4) willful violation of any law, rule or regulation in connection with the performance of duties (other than traffic violations or similar offenses). 

(d) “Change in Control” shall have the meaning assigned to such term under the Company’s Equity Plan. 

(e) “Code” shall mean the Internal Revenue Code of 1986, as amended, or any successor thereto, and the regulations and
guidance promulgated thereunder. 
 (f) “Committee” shall mean the Compensation Committee of the Board (or a
subcommittee thereof), or such other committee of the Board consisting solely of at least two individuals who are intended to qualify as “outside directors” within the meaning of Section 162(m) of the Code, to which the Board has
delegated power to act under or pursuant to the provisions of the Plan. 
 (g) “Company” shall mean L-3
Communications Holdings, Inc., a Delaware corporation. 
 (h) “Covered Employee” shall have the meaning set
forth in Section 162(m) of the Code. 
 (i) “Disability” or “Disabled” shall mean, unless
otherwise agreed by the Company (or any of its Subsidiaries) in a written agreement or employment letter with such Participant, that the Participant, as a result of incapacity due to physical or mental illness, becomes eligible

 
for benefits under the long-term disability plan or policy of the Company or a Subsidiary in which the Participant is eligible to participate. The Disability determination shall be in the sole
discretion of the Committee. 
 (j) “Equity Plan” shall mean the Company’s Amended and Restated 2008 Long
Term Performance Plan, as amended, or any successor plan thereto. 
 (k) “First Quarter” shall mean the period
of calendar days during a given Performance Period that is equal to the lesser of (i) 25% of the full number of calendar days falling within such Performance Period or (ii) 90 days. 

(l) “Participant” shall mean each officer of the Company and other key employee of the Company or any of its
Subsidiaries whom the Committee designates as a participant under the Plan. 
 (m) “Performance Period” shall
mean each fiscal year of the Company or such shorter or longer period, as determined by the Committee. 
 (n)
“Plan” shall mean this L-3 Communications Holdings, Inc. 2012 Cash Incentive Plan, as set forth herein and as may be amended and in effect from time to time. 
 (o) “Retirement” shall mean that the Participant (1) terminates employment with the Company and its Subsidiaries other than for Cause (and is not subject to termination for Cause at
the time of such termination), (2) is available for consultation with the Company or its Subsidiaries at the reasonable request of the Company or its Subsidiaries and (3) terminates employment on or after attaining age 65 and completing at
least five years of service in the aggregate with the Company and its Subsidiaries (which service must be continuous through the date of termination except for a single break in service that does not exceed one year in length). 

(p) “Section 409A” shall mean Section 409A of the Code and any rules, regulations and other official guidance
promulgated thereunder. 
 (q) “Service Recipient” shall mean the Company, any of its Subsidiaries, or any of
its Affiliates that satisfies the definition of “service recipient” within the meaning of Treasury Regulation Section 1.409A-1 (or any successor regulation), with respect to which the person is a “service provider” (within
the meaning of Treasury Regulation Section 1.409A-1(or any successor regulation). 
 (r) “Share” shall
mean a share of common stock of the Company. 
 (s) “Subsidiary” shall mean, as to any person, any corporation,
association, partnership, joint venture or other business entity of which 50% or more of the voting stock or other equity interests (in the case of entities other than corporations) is owned or controlled (directly or indirectly) by that entity, or
by one or more of the Subsidiaries of that entity, or by a combination thereof. 

  
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	3.	Administration 

 (a) The
Plan shall be administered and interpreted by the Committee; provided, however, that the Board may, in its sole discretion, take any action delegated to the Committee under this Plan as it may deem necessary; provided that the Plan
shall, to the extent reasonably possible, be administered and interpreted by the Committee in a manner which would be expected to cause any award intended to be qualified as performance-based compensation under Section 162(m) of the Code to so
qualify. The Committee shall establish the performance objective(s) for any Performance Period in accordance with Section 4 and certify whether and to what extent such performance objective(s) have been obtained. Any determination made by the
Committee under the Plan shall be final, conclusive and binding on the Company, any of its Subsidiaries, any Participant and any other person dealing with the Plan. 
 (b) The Committee may employ such legal counsel, consultants and agents (including counsel or agents who are employees of the Company or any of its Subsidiaries) as it may deem desirable for the
administration of the Plan and may rely upon any opinion received from any such counsel or consultant or agent and any computation received from such consultant or agent. All expenses incurred in the administration of the Plan, including, without
limitation, for the engagement of any counsel, consultant or agent, shall be paid by the Company. No member or former member of the Board or the Committee shall be liable for any act, omission, interpretation, construction or determination made in
connection with the Plan other than as a result of such individual’s willful misconduct. 
  

	4.	Incentive Compensation 

(a) Performance Criteria. No later than the last day of the First Quarter of a given Performance Period (or such other date as may
be required or permitted under Section 162(m) of the Code), the Committee shall establish the performance objective or objectives that must be satisfied in order for a Participant to receive incentive compensation for each such Performance
Period. The Committee may establish different performance objectives for each Performance Period, and may provide for multiple, overlapping Performance Periods hereunder. Any performance objective(s) established hereunder will be based upon the
achievement of one or more of the following criteria or any combination thereof, as determined by the Committee: (i) consolidated income before or after taxes (including income before interest, taxes, depreciation and amortization);
(ii) EBIT or EBITDA; (iii) operating income or operating margin; (iv) net income; (v) net income or earnings per Share; (vi) book value per Share; (vii) return on equity; (viii) expense management (including
without limitation, total general and administrative expense percentages); (ix) return on investment or on invested capital; (x) improvements in capital structure; (xi) profitability of an identifiable business unit or product;
(xv) maintenance or improvement of profit margins; (xii) stock price; (xiii) market share; (xiv) revenue or sales (including, without limitation, net loans charged off and average finance receivables); (xv) costs (including,
without limitation, total general and administrative expense percentage); (xvi) cash flow or net funds provided; (xvii) working capital; (xviii) total debt (including, without limitation, total debt as a multiple of EBIT or EBITDA),
(xix) orders and (xx) total stockholder return. The foregoing criteria may relate to the Company, one or more of its Subsidiaries, one or more of their respective divisions or business units, or any combination of the foregoing, and may be
applied on an absolute basis and/or be relative to one or more peer group companies or indices, or any combination thereof, all as the Committee shall determine. The Committee may provide, at the time when performance objectives are established with
respect to a Performance Period (or at such later date as may be permitted under Section 162(m) of the Code), for the adjustment of such performance objectives as it deems equitable in recognition of unusual or

  
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non-recurring events affecting the Company, changes in applicable tax laws or accounting principles, or such other factors as the Committee may determine to be appropriate, including, without
limitation, the gain or loss on disposal of a business segment. In the event of an equity restructuring, as defined in Financial Accounting Standards Board Accounting Standards Codification 718-10 (formerly Statement of Financial
Accounting Standards 123R), that affects the Shares, the Committee shall adjust any and all previously established Share-based performance objectives affected by such restructuring (including without limitation any performance objectives based
on stock price) so as to preserve (without enlarging) such Participant’s incentive compensation opportunity in respect thereof, with the manner of such adjustment to be determined by the Committee in its sole discretion and in a manner
consistent with Section 162(m) of the Code, to the extent applicable. 
 (b) Incentive Compensation Targets;
Discretionary Compensation. 
 (i) No later than the last day of the First Quarter of a given Performance Period (or such
other date as may be required or permitted under Section 162(m) of the Code), the Committee shall establish target incentive compensation amounts for each individual Participant, representing each such Participant’s incentive compensation
opportunity to the extent that the applicable performance objectives for such Performance Period are achieved. 
 (ii) The
Committee may, in its sole discretion, grant such discretionary compensation, if any, to such Participants, if any, as the Committee may determine, in respect of any given Performance Period, that is not subject to the requirements of
Section 4(a) and (c) of this Plan. 
 (c) Determination of Incentive Compensation Earned/Maximum Amount
Payable. As soon as practicable after the applicable Performance Period ends, the Committee shall (x) determine (i) whether and to what extent any of the performance objective(s) established for the relevant Performance Period under
Section 4(a) have been satisfied and certify to such determination, and (ii) the actual amount of incentive compensation to which such Participant shall be entitled, taking into consideration the extent to which the performance
objective(s) have been met and such other factors as the Committee may deem appropriate pursuant to Section 4(d), and (y) cause such incentive compensation to be paid to such Participant in accordance with Section 5. Any provision of
this Plan notwithstanding, in no event shall any Participant earn incentive compensation under this Plan in respect of any fiscal year in excess of $10,000,000 (such maximum incentive compensation amount to be proportionately adjusted for
Performance Periods that are shorter or longer than one year, with multiple incentive opportunities considered in the aggregate in the case where multiple, overlapping Performance Periods are established hereunder). 

(d) Negative Discretion. Notwithstanding anything else contained in Section 4(c), 4(e) or 4(h) to the contrary, the Committee
shall have the right, to the extent it so provides at the time when performance objectives are established with respect to a Performance Period, (i) to reduce or eliminate the amount otherwise payable to any Participant under Section 4(c)
based on individual performance or any other factors that the Committee, in its sole discretion, shall deem appropriate and (ii) to establish rules or procedures that have the effect of limiting the amount payable to each Participant to an
amount that is less than the maximum amount otherwise authorized under Section 4(c). 

  
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 (e) Qualified Termination of Employment. Unless otherwise specified by the Committee
at the time when performance objectives are established with respect to a Performance Period, if prior to the last day of any Performance Period for which a Participant is eligible to receive incentive compensation hereunder, the Participant’s
employment is terminated: (1) by reason of death or Disability, (2) by Retirement at least one year after the first day of the Performance Period, or (3) by the Company without Cause (each, a “Qualified Termination”),
then subject to Section 4(d), such Participant shall receive an amount of incentive compensation equal to the incentive compensation otherwise payable to such Participant based upon actual Company performance for the applicable Performance
Period, multiplied by a fraction, the numerator of which is the number of days (or, in the case of Performance Periods exceeding one year in length, the number of completed months) that have elapsed during the Performance Period prior to and
including the date of the Qualified Termination, and the denominator of which is the total number of days (or, in the case of Performance Periods exceeding one year in length, the total number of months) in the Performance Period. 

(f) Other Termination of Employment. Unless otherwise determined by the Committee in a manner consistent with Section 162(m)
of the Code (to the extent applicable) and except as may otherwise be provided in Section 4(e) above, no incentive compensation shall be payable under this Plan in respect of any Performance Period to any Participant whose employment terminates
prior to the last day of such Performance Period. 
 (g) Partial Performance Period. To the extent permitted under
Section 162(m) of the Code, if a Participant is hired or rehired by the Company (or any of its Subsidiaries) after the beginning of a Performance Period for which incentive compensation is payable hereunder, such Participant may, if determined
by the Committee, receive an amount of incentive compensation equal to the incentive compensation otherwise payable to such Participant based upon actual Company performance for the applicable Performance Period, multiplied by a fraction, the
numerator of which is the number of days (or, in the case of Performance Periods exceeding one year in length, the number of completed months) of active employment with the Company (or any of its Subsidiaries) during the Performance Period and the
denominator of which is the total number of days (or, in the case of Performance Periods exceeding one year in length, the total number of months) in the Performance Period or such other amount as the Committee may deem appropriate. 

(h) Change in Control. Unless otherwise specified by the Committee at the time when performance objectives are established with
respect to a Performance Period, in the event of a Change in Control prior to the last day of any Performance Period hereunder, then subject to Section 4(d), each Participant eligible to receive incentive compensation thereunder shall receive
an amount of incentive compensation based upon achievement at the “target” level of the applicable performance objectives (or, if otherwise determined in the sole discretion of the Committee as constituted immediately prior to the Change
in Control, an amount of incentive compensation based upon such higher level of Company performance actually achieved when considered in light of the reduced Performance Period), multiplied by a fraction, the numerator of which is the number of days
(or, in the case of Performance Periods exceeding one year in 

  
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length, the number of completed months) that have elapsed during the Performance Period prior to and including the date of the Change in Control, and the denominator of which is the total number
of days (or, in the case of Performance Periods exceeding one year in length, the total number of months) in the Performance Period. 
 (i) Forfeiture/Clawback. The Committee may, in its sole discretion, specify that the Participant’s rights, payments, and benefits with respect to any payment of incentive compensation made
hereunder shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of such incentive compensation. Such events
may include, but shall not be limited to, termination of employment for cause, termination of the Participant’s provision of services to the Company or any of its Subsidiaries, breach of noncompetition, confidentiality, or other restrictive
covenants that may apply to the Participant, or restatement of the Company’s financial statements to reflect adverse results from those previously released financial statements. 

 

	5.	Payment 

 (a) In
General. Except as otherwise provided hereunder, payment of any incentive compensation amount determined under Section 4 shall be made to each Participant as soon as practicable after the Committee certifies that one or more of the
applicable performance objectives have been attained or, in the case of any incentive compensation payable under the provisions of Section 4(d) or 4(h), after the Committee determines the amount of any such incentive compensation;
provided, however, that in any event all payments made hereunder shall be in accordance with or exempt from the requirements of Section 409A. 
 (b) Form of Payment. All incentive compensation payable under this Plan shall be payable in cash. 
  

	6.	General Provisions 

 (a)
Effectiveness of the Plan. The Plan shall become effective on the date on which it is adopted by the Board (the “Effective Date”), subject to the approval of the shareholders of the Company. Any payments with respect to
incentive compensation opportunities granted under the Plan prior to shareholder approval of the Plan shall be contingent upon obtaining such shareholder approval. It is anticipated that shareholders will vote to re-approve the Plan (after its
initial approval) no later than the day of the first meeting of shareholders of the Company that occurs in 2017. 
 (b)
Amendment and Termination. The Board or the Committee may at any time amend, suspend, discontinue or terminate the Plan; provided, however, that no such amendment, suspension, discontinuance or termination shall adversely affect
the rights of any Participant in respect of any Performance Period that has already commenced, and no such action shall be effective without approval by the shareholders of the Company to the extent necessary to continue to qualify the amounts
payable hereunder to Covered Employees as under Section 162(m) of the Code, if such amounts are otherwise intended by the Committee to be so qualified. 

  
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 (c) No Right to Continued Employment or Awards. Nothing in this Plan shall be
construed as conferring upon any Participant any right to continue in the employment of the Company or any of its Subsidiaries. No Participant shall have any claim to be granted any award, and there is no obligation for uniformity of treatment of
Participants or beneficiaries. The terms and conditions of awards and the Committee’s determinations and interpretations with respect thereto need not be the same with respect to each Participant (whether or not the Participants are similarly
situated). 
 (d) No Limitation on Corporate Actions. Nothing contained in the Plan shall be construed to prevent the
Company or any of its Subsidiaries from taking any corporate action which is deemed by it to be appropriate or in its best interest, whether or not such action would have an adverse effect on any awards made under the Plan. No employee, beneficiary
or other person shall have any claim against the Company or any of its Subsidiaries as a result of any such action. 
 (e)
Nonalienation of Benefits. No Participant or beneficiary shall have the power or right to transfer, anticipate, or otherwise encumber the Participant’s interest under the Plan. The Company’s obligations under this Plan are not
assignable or transferable except to (i) a corporation which acquires all or substantially all of the Company’s assets or (ii) any corporation into which the Company may be merged or consolidated. The provisions of the Plan shall
inure to the benefit of each Participant and the Participant’s beneficiaries, heirs, executors, administrators or successors in interest. 
 (f) Withholding. A Participant may be required to pay to the Company or any of its Subsidiaries, and the Company or any of its Subsidiaries shall have the right and is hereby authorized to withhold
from any payment due under this Plan or from any compensation or other payment otherwise owing to the Participant, applicable withholding taxes with respect to any payment under this Plan, and to take any such actions as may be deemed necessary in
the opinion of the Company to satisfy all obligations for the payment of such withholding taxes. 
 (g) Severability. If
any provision of this Plan is held unenforceable, the remainder of the Plan shall continue in full force and effect without regard to such unenforceable provision and shall be applied as though the unenforceable provision were not contained in the
Plan. 
 (h) Governing Law. The Plan shall be governed by and construed in accordance with the laws of the State of New
York without regard to conflicts of laws. 
 (i) Headings. Headings are inserted in this Plan for convenience of
reference only and are to be ignored in a construction of the provisions of the Plan. 
 (k) Compliance with
Section 409A. The Plan is intended to comply with or be exempt from Section 409A and will be interpreted in a manner intended to comply with Section 409A. Notwithstanding anything herein to the contrary, if at the time of the
Participant’s separation from service with any Service Recipient the Participant is a “specified employee” as defined in Section 409A, and the deferral of the commencement of any payments or benefits otherwise payable hereunder
as a result of such separation from service is necessary in order to prevent the imposition of any accelerated or additional tax under Section 409A, then the 

  
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Company will defer the commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to the Participant)
until the date that is six months and one day following the Participant’s separation from service with all Service Recipients (or the earliest date as is permitted under Section 409A), if such payment or benefit is payable upon a
separation from service with any Service Recipient. Each payment made under the Plan shall be designated as a “separate payment” within the meaning of Section 409A. 

  
 8Cash Incentive Plan Performance Cash Award Agreement

 Exhibit 10.2 
 L-3 COMMUNICATIONS HOLDINGS, INC. 
 2012 CASH INCENTIVE PLAN 

PERFORMANCE CASH AWARD AGREEMENT 
 (Version 0001) 
 This Performance Cash Award Agreement (this
“Agreement”), effective as of the Grant Date (as defined below), is between L-3 Communications Holdings, Inc., a Delaware corporation (the “Corporation” or “L-3”), and the Participant (as defined below). 

1. Definitions. Capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them in the L-3 Communications
Holdings, Inc. 2012 Cash Incentive Plan (the “Plan”). The following terms shall have the following meanings for purposes of this Agreement: 
 (a) “Applicable Award Multiplier” shall mean, with respect to each Performance Measure, the “Award Multiplier” calculated pursuant to the Award Letter based on the actual level of
achievement for the Performance Period; provided, that in the event of a Change in Control, the “Applicable Award Multiplier” shall mean 100%, subject to upward adjustment (but not above 200%) to the extent (if any) that the
Committee is able, in its sole discretion, to assess that the Corporation’s progress, at or prior to the Change in Control, towards the achievement levels set forth in the Award Letter for such Performance Measure exceeds the “Target”
performance level as adjusted to account for the reduced period of actual performance. 
 (b) “Award Letter” shall
mean the award notice to the Participant attached hereto as Exhibit A. 
 (c) “Cause” shall mean the
Participant’s (1) intentional failure to perform reasonably assigned duties, (2) dishonesty or willful misconduct in the performance of duties, (3) engaging in a transaction in connection with the performance of duties to the
Corporation or its subsidiaries which transaction is adverse to the interests of the Corporation and is engaged in for personal profit or (4) willful violation of any law, rule or regulation in connection with the performance of duties (other
than traffic violations or similar offenses). 
 (d) “Change in Control” shall mean: 

(1) the acquisition by any person or group (including a group within the meaning of Section 13(d)(3) or 14(d)(2) of
the Exchange Act), other than the Corporation or any of its subsidiaries, of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of a majority more of the combined voting power of the Corporation’s
then outstanding voting securities, other than by any employee benefit plan maintained by the Corporation; 
 (2)
the sale of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole; or 

(3) the election, including the filling of vacancies, during any period of 24 months or less, of 50% or more of the
members of the Board of Directors, without the approval of Continuing Directors, as constituted at the beginning of such period. “Continuing Directors” shall mean any director of the Corporation who either (i) is a member of the Board
of Directors on the Grant Date, or (ii) is nominated for election to the Board of Directors by a majority of the Board which is comprised of directors who were, at the time of such nomination, Continuing Directors. 

 (e) “Committee” or “Compensation Committee” shall mean the Compensation
Committee of the Board of Directors of the Corporation. 
 (f) “Disability” shall mean that the Participant, as a
result of incapacity due to physical or mental illness, becomes eligible for benefits under the long-term disability plan or policy of the Corporation or a subsidiary in which the Participant is eligible to participate. 

(g) “Grant Date” shall mean the “Grant Date” listed in the Award Letter. 

(h) “Participant” shall mean the “Participant” listed in the Award Letter. 

(i) “Performance Measures” shall mean the performance measures set forth in the Award Letter. 

(j) “Performance Period” shall mean the “Performance Period” set forth in the Award Letter, subject to adjustment in
accordance with Section 4 hereof. 
 (k) “Retirement” shall mean that the Participant (A) terminates
employment with the Corporation and its subsidiaries other than for Cause (and is not subject to termination for Cause at the time of such termination), (B) is available for consultation with the Corporation or its subsidiaries at the
reasonable request of the Corporation or its subsidiaries and (C) terminates employment on or after attaining age 65 and completing at least five years of service in the aggregate with the Corporation and its subsidiaries (which service must be
continuous through the date of termination except for a single break in service that does not exceed one year in length). 
 (l)
“Segmented Target Award Value” shall mean, with respect to each Performance Measure, the “Target Award Value” set forth in the Award Letter for the Performance Measure, subject to adjustment pursuant to the terms hereof.

 (m) “Segmented Earned Award Value” shall mean, with respect to each Performance Measure, the Segmented Target Award
Value multiplied by the Applicable Award Multiplier. 
 (n) “Subsidiary” or “subsidiary” shall mean, as to
any person, any corporation, association, partnership, joint venture or other business entity of which 50% or more of the voting stock or other equity interests (in the case of entities other than corporations), is owned or controlled (directly or
indirectly) by that entity, or by one or more of the Subsidiaries of that entity, or by a combination thereof. 
 (o)
“Total Earned Award Value” shall mean the sum of the Segmented Earned Award Values for all Performance Measures. 

(p) “Total Target Award Value” shall mean the sum of the Segmented Target Award Values for all Performance Measures.

 2. Target and Final Awards. Subject to the terms, conditions and restrictions set forth in the Plan and this
Agreement, a target incentive compensation opportunity is hereby established for the Participant with respect to each Performance Measure in an amount equal to the Segmented Target Award 

  
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Value in respect thereof. The final amount that shall be earned (if at all) by the Participant under the Plan and this Agreement with respect to each Performance Measure shall be based on the
Segmented Target Award Value and the Applicable Award Multiplier, which shall reflect the actual level of performance achieved by the Corporation with respect to the Performance Measure over the Performance Period. 

3. Nonalienation of Benefits. No Participant or beneficiary shall have the power or right to transfer, anticipate, or
otherwise encumber the Participant’s interest under this Agreement. The provisions of the Plan shall inure to the benefit of the Participant and the Participant’s beneficiaries, heirs, executors, administrators or successors in interest.

 4. Change in Control During Performance Period. In the event of a Change in Control, (a) the Segmented
Target Award Value for each Performance Measure shall automatically be adjusted on a pro-rata basis to reflect the number of completed months out of the entire Performance Period as of the date of the Change in Control and (b) the Performance
Period shall automatically be deemed to have terminated and the provisions of Section 8 hereof shall become applicable. 

5. Termination of Employment During Performance Period. 

(a) If the Participant’s employment with the Corporation and its subsidiaries is terminated during the Performance Period:
(1) by reason of death or Disability, (2) by Retirement at least one year after the first day of the Performance Period, or (3) by the Company without Cause (each, a “Qualified Termination”), the Segmented Target Award Value
for each Performance Measure shall automatically be adjusted on a pro-rata basis to reflect the number of completed months out of the entire Performance Period as of the date of the termination of employment. Thereafter, the Participant (or his/her
beneficiaries, heirs, executors, administrators or successors in interest as the case may be) shall be entitled to any amounts payable under Section 8 following the termination of the Performance Period in accordance with the terms hereof.

 (b) In the event that the Participant’s employment with the Corporation and its subsidiaries is terminated during the
Performance Period by reason other than Qualified Termination, then the Participant shall forfeit all of his or her rights hereunder. 
 (c) The Participant’s rights to the Performance Units shall not be affected by any change in the nature of the Participant’s employment so long as the Participant continues to be an employee of
the Corporation or any of its subsidiaries. Whether (and the circumstances under which) employment has been terminated and the determination of the termination date for the purposes of this Agreement shall be determined by the Committee. 

6. No Right to Continued Employment. Nothing in this Agreement shall be interpreted or construed to confer upon the
Participant any right to continue employment by the Corporation or any of its subsidiaries, nor shall this Agreement interfere in any way with the right of the Corporation or any of its subsidiaries to terminate the Participant’s employment at
any time for any reason whatsoever, whether or not with cause. 
 7. Adjustments for Certain Changes. In the event
of an equity restructuring, as defined in Financial Accounting Standards Board Accounting Standards Codification 718-10 (formerly Statement of Financial Accounting Standards 123R), that affects the Shares, the Committee shall adjust
any Share-based Performance Measures affected by such restructuring so as to preserve (without enlarging) such Participant’s incentive compensation opportunity in respect thereof, with the manner of such adjustment to be determined by the
Committee in its sole discretion and in a manner consistent with Section 162(m) of the Code, to the extent applicable. 

  
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 8. Determination and Payment of Final Awards. 

(a) As promptly as practicable following the termination of the Performance Period, the Committee shall determine the Applicable Award
Multiplier for each of the Performance Measures (the date of such determination being referred to herein as the “Determination Date”). 
 (b) Promptly following the Determination Date, the Corporation shall pay the Participant an amount in cash (if any), without interest thereon and subject to applicable withholding taxes, equal to the
Total Earned Award Value. 
 (c) All payments of cash under this Section 8 shall be made no earlier
than January 1, and no later than March 15, of the year after the year in which the Performance Period terminates; provided, that notwithstanding the foregoing, in the event the Performance Period terminates as a result of a Change
in Control, such payments of cash shall be made no later than the 30th calendar day following such Change in Control. 
 (d) Notwithstanding the
provisions of this Section, in the event of the death of the Participant prior to the making of any payment under this Section 8, such payment or issuance shall be made to the Participant’s beneficiaries, heirs, executors, administrators
or successors in interest as the case may be. 
 9. Plan Governs. The Participant hereby acknowledges receipt of a
copy of the Plan and agrees to be bound by its terms, all of which are incorporated herein by reference. The Plan shall govern in the event of any conflict between this Agreement and the Plan. 

10. Modification of Agreement. This Agreement may be not be modified, amended, suspended or terminated, and any terms or
conditions may not be waived, without the approval of the Committee. The Committee reserves the right to amend or modify this Agreement at any time without prior notice to any Participant or other interested party; provided, that except as
expressly provided hereunder, any such amendment or modification may not adversely affect in any material respect the Participant’s rights or benefits hereunder except for such amendments or modifications as are required by law. 

11. Severability. Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable
or invalid for any reason, the remaining provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance with their terms. 
 12. Governing Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of New York without giving effect to the conflicts
of laws principles thereof. 
 13. Successors in Interest; No Third Party Beneficiaries. This Agreement shall
inure to the benefit of and be binding upon any successor to the Corporation. This Agreement shall inure to the benefit of the Participant or the Participant’s legal representatives. All obligations imposed upon the Participant and all rights
granted to the Corporation under this Agreement shall be final, binding and conclusive upon the Participant’s heirs, executors, administrators and successors. Except as expressly provided herein, nothing in this Agreement shall confer any
rights upon any person other than the parties hereto and their respective heirs, legal representatives, successors and permitted assigns. 

  
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 14. Administration. The Committee shall have the power to interpret the Plan
and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules. All actions taken and all interpretations and determinations made by
the Committee shall be final and binding upon the Participant, the Corporation and all other interested persons. No member of the Committee shall be personally liable for any action determination or interpretation made in good faith with respect to
the Plan or the awards or award opportunities contemplated hereunder. In its absolute discretion, the Board of Directors may at any time and from time to time exercise any and all rights and duties of the Committee under the Plan and this Agreement.
The Committee shall have the power to delegate any and all of its rights and duties hereunder to any officer of the Corporation to the extent permitted under applicable law. 
 15. Resolution of Disputes. Any dispute or disagreement which may arise under, or as a result of, or in any way related to, the interpretation, construction or application of this Agreement
shall be determined by the Committee. Any determination made hereunder shall be final, binding and conclusive on the Participant and Corporation for all purposes. 
 16. Data Privacy Consent. As a condition to the awards and award opportunities contemplated hereunder, the Participant hereby consents to the collection, use and transfer of personal data as
described in this paragraph. The Participant understands that the Corporation and its subsidiaries hold certain personal information about the Participant, including name, home address and telephone number, date of birth, social security number,
salary, nationality, job title, ownership interests or directorships held in the Corporation or its subsidiaries, and details of all performance awards and entitlements to shares of common stock awarded, cancelled, exercised, vested or unvested
(“Data”). The Participant further understands that the Corporation and its subsidiaries will transfer Data among themselves as necessary for the purposes of implementation, administration and management of the Participant’s
participation in the Plan, and that the Corporation and any of its subsidiaries may each further transfer Data to any third parties assisting the Corporation in the implementation, administration and management of the Plan. The Participant
understands that these recipients may be located in the European Economic Area or elsewhere, such as the United States. The Participant hereby authorizes them to receive, possess, use, retain and transfer such Data as may be required for the
administration of the Plan, in electronic or other form, for the purposes of implementing, administering and managing the Participant’s participation in the Plan. The Participant may, at any time, view such Data or require any necessary
amendments to it. 
 17. Limitation on Rights; No Right to Future Awards; Extraordinary Item of Compensation. By
accepting this Agreement and the awards or award contemplated hereunder, the Participant expressly acknowledges that (a) the awards and award opportunities contemplated hereunder are one-time benefits that do not create any contractual or other
right to receive future awards or award opportunities under the Plan, or any benefits in lieu of thereof; (b) all determinations with respect to future awards and award opportunities under the Plan, if any, will be at the sole discretion of the
Committee and/or the Corporation; (c) the Participant’s acknowledgment and acceptance of this Agreement is voluntary; (d) the awards and award opportunities contemplated hereunder are extraordinary items of compensation that are
outside the scope of the Participant’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (e) the awards and award opportunities contemplated hereunder are not
part of normal or expected compensation for any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and the
Participant waives any claim 

  
 5 

 
on such basis; (f) the future value of the award opportunities hereunder are unknown, cannot be predicted with certainty and may be zero; and (g) the Plan is discretionary in nature and
may be suspended or terminated by the Corporation at any time. In addition, the Participant understands, acknowledges and agrees that except as expressly provided hereunder, the Participant will have no rights to compensation or damages related to
the awards and award opportunities contemplated hereunder in consequence of the termination of the Participant’s employment for any reason whatsoever and whether or not in breach of contract. 

18. Acceptance. This Agreement shall not be enforceable until it has been executed by the Participant. 

 

			
	By:	 	L-3 COMMUNICATIONS HOLDINGS, INC.
		
		 	 /s/ Michael T. Strianese

		 	Michael T. Strianese
		 	Chairman, President and Chief Executive Officer
		
		 	 /s/ Steven M. Post

		 	Steven M. Post
		 	 Senior Vice President, General Counsel and Corporate Secretary

  

	
	Acknowledged and Agreed
	as of the date first written above:
	
	  

	Participant Signature
	Name:

  
 6

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