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                                                                    Exhibit 10.7

              MOTOROLA AMENDED AND RESTATED INCENTIVE PLAN OF 1998
                   (AMENDED AND RESTATED AS OF JULY 31, 2001)

1.   NAME AND PURPOSE

     1.1  NAME. The name of this plan is the Amended and Restated Motorola
     Incentive Plan of 1998 (the "Plan"). The Effective Date was May 4, 1998,
     the date the Plan was approved by the stockholders of Motorola.

     1.2  PURPOSE. Motorola has established the Plan to promote the interests of
     Motorola and its stockholders by providing full and part-time employees of
     Motorola or its subsidiaries with additional incentive to increase their
     efforts on Motorola's behalf and to remain in the employ or service of
     Motorola or its Subsidiaries and with the opportunity, through stock
     ownership, to increase their proprietary interest in Motorola and their
     personal interest in its continued success and progress.

2.   ADMINISTRATION

     The Plan will be administered by a Committee (the "Committee") of the
     Motorola Board of Directors consisting of two or more directors as the
     Board may designate from time to time, each of whom shall qualify as a
     "Non-Employee Director" within the meaning set forth in Rule 16b-3
     promulgated under the Securities Exchange Act of 1934, as amended (the
     "Exchange Act") or any successor legislation. The Committee shall have the
     authority to construe and interpret the Plan and any benefits granted
     thereunder, to establish and amend rules for Plan administration, to change
     the terms and conditions of options and other benefits at or after grant,
     and to make all other determinations which it deems necessary or advisable
     for the administration of the Plan. The determinations of the Committee
     shall be made in accordance with their judgment as to the best interests of
     Motorola and its stockholders and in accordance with the purposes of the
     Plan. A majority of the members of the Committee shall constitute a quorum,
     and all determinations of the Committee shall be made by a majority of its
     members. Any determination of the Committee under the Plan may be made
     without notice or meeting of the Committee, in writing signed by all the
     Committee members. The Committee may delegate the administration of the
     Plan, in whole or in part, on such terms and conditions as it may impose,
     to such other person or persons as it may determine in its discretion.

3.   SHARES AVAILABLE UNDER THE PLAN

     The number of shares which may be issued or sold or for which Stock Options
     and Stock Appreciation Right may be granted or received under the Plan,
     shall be (i) 37,500,000 shares (as adjusted for the 3-for-1 stock split
     effective June 1, 2000), plus (ii) the total number of shares with respect
     to which no options have been granted under Motorola's Share Option Plan of
     1996 on the Effective Date, plus (iii) the number of shares as to which
     options granted under Motorola's Share Option Plan of 1996 terminate or
     expire without being fully exercised. If

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     there is a lapse, expiration, termination or cancellation of any stock
     option issued under the Plan prior to the issuance of shares thereunder or
     if shares of common stock are issued under the Plan and thereafter are
     reacquired by Motorola, the shares subject to those options and the
     reacquired shares shall be added to the shares available for benefits under
     the Plan. In addition, any shares of common stock exchanged by an optionee
     as full or partial payment to Motorola of the exercise price under any
     stock option exercised under the Plan, any shares retained by Motorola
     pursuant to a participant's tax withholding election, and any shares
     covered by a benefit which is settled in cash shall be added to the shares
     available for benefits under the Plan. Shares issued under the Plan may be
     either authorized and unissued shares or issued shares reacquired by
     Motorola. No Participant may receive (i) Stock Options relating to more
     than 900,000 Shares (reflecting adjustment for the 3-for-1 stock split
     effective June 1, 2000) in any Plan Year and (ii) Stock Appreciation Rights
     relating to more than 150,000 shares (reflecting adjustment for the 3-for-1
     stock split effective June 1, 2000) in any calendar year. The shares
     reserved for issuance and the limitations set forth above shall be subject
     to adjustment in accordance with Section 8 hereof. All of the available
     shares may, but need not, be issued pursuant to the exercise of Incentive
     Stock Options.

4.   TYPES OF BENEFITS

     Benefits under the Plan shall consist of Stock Options and Stock
     Appreciation Rights as described below.

5.   STOCK OPTIONS

     Subject to the terms of the Plan, Stock Options may be granted to
     participants, at any time as determined by the Committee. The Committee
     shall determine the number of shares subject to each option and whether the
     option is an Incentive Stock Option. The option price for each option shall
     be determined by the Committee but shall not be less than 100% of the fair
     market value of Motorola's common stock on the date the option is granted.
     Each option shall expire at such time as the Committee shall determine at
     the time of grant. Options shall be exercisable at such time and subject to
     such terms and conditions as the Committee shall determine; provided,
     however, that no option shall be exercisable later than the tenth
     anniversary of its grant. The option price, upon exercise of any option,
     shall be payable to Motorola in full by (a) cash payment or its equivalent,
     (b) tendering previously acquired shares (held for at least six months)
     having a fair market value at the time of exercise equal to the option
     price, (c) certification of ownership of such previously-acquired shares,
     (d) delivery of a properly executed exercise notice, together with
     irrevocable instructions to a broker to promptly deliver to Motorola the
     amount of sale proceeds from the option shares or loan proceeds to pay the
     exercise price and any withholding taxes due to Motorola, and (e) such
     other methods of payment as the Committee, at its discretion, deems
     appropriate. In no event shall the Committee cancel any outstanding Stock
     Option for the purpose of reissuing the option to the participant at a
     lower exercise price or reduce the option price of an outstanding option.

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6.   STOCK APPRECIATION RIGHTS

     Subject to the terms of the Plan, Stock Appreciation Rights ("SARs") may be
     granted to participants at any time as determined by the Committee. An SAR
     may be granted in tandem with a Stock Option granted under this Plan or on
     a free-standing basis. The grant price of a tandem SAR shall be equal to
     the option price of the related option. The grant price of a free-standing
     SAR shall be equal to the fair market value of Motorola's common stock on
     the date of its grant. An SAR may be exercised upon such terms and
     conditions and for the term as the Committee in its sole discretion
     determines; provided, however, that the term shall not exceed the option
     term in the case of a tandem SAR or ten years in the case of a free
     standing SAR. Upon exercise of an SAR, the participant shall be entitled to
     receive payment from Motorola in cash or stock, at the discretion of the
     Committee, in an amount determined by multiplying the excess of the fair
     market value of a share of common stock on the date of exercise over the
     grant price of the SAR by the number of shares with respect to which the
     SAR is exercised.

7.   CHANGE IN CONTROL

     Except as otherwise determined by the Committee at the time of grant of an
     award, upon a Change in Control of Motorola, all outstanding benefits,
     including Stock Options and SARs shall become vested and exercisable. A
     "Change in Control" shall mean:

               A Change in Control of a nature that would be required to be
          reported in response to Item 6(e) of Schedule 14A of Regulation 14A
          promulgated under the Exchange Act whether or not Motorola is then
          subject to such reporting requirement; provided that, without
          limitation, such a Change in Control shall be deemed to have occurred
          if (a) any "person" or "group" (as such terms are used in Section
          13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial
          owner" (as defined in Rule 13d-3 under the Exchange Act), directly or
          indirectly, of securities of Motorola representing 20% or more of the
          combined voting power of Motorola's then outstanding securities (other
          than Motorola or any employee benefit plan of Motorola; and, for
          purposes of the Plan, no Change in Control shall be deemed to have
          occurred as a result of the "beneficial ownership," or changes
          therein, of Motorola's securities by either of the foregoing), (b)
          there shall be consummated (i) any consolidation or merger of Motorola
          in which Motorola is not the surviving or continuing corporation or
          pursuant to which shares of common stock would be converted into or
          exchanged for cash, securities or other property, other than a merger
          of Motorola in which the holders of common stock immediately prior to
          the merger have, directly or indirectly, at least a 65% ownership
          interest in the outstanding common stock of the surviving corporation
          immediately after the merger, or (ii) any sale, lease, exchange or
          other transfer (in one transaction or a series of related
          transactions) of all, or substantially all, of the assets of Motorola
          other than any such transaction with entities in which the holders of
          Motorola Common Stock, directly or indirectly, have at least a 65%
          ownership interest, (c) the stockholders of Motorola approve any plan
          or proposal for the liquidation or dissolution of Motorola, or (d) as
          the result of, or in connection with,

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          any cash tender offer, exchange offer, merger or other business
          combination, sale of assets, proxy or consent solicitation (other than
          by the Board), contested election or substantial stock accumulation (a
          "Control Transaction"), the members of the Board immediately prior to
          the first public announcement relating to such Control Transaction
          shall thereafter cease to constitute a majority of the Board.

8    ADJUSTMENT PROVISIONS

          (a)  If Motorola shall at any time change the number of issued shares
          of common stock by stock dividend or stock split, the total number of
          shares reserved for issuance under the Plan, the maximum number of
          shares which may be made subject to an award in any calendar year, and
          the number of shares covered by each outstanding award and the price
          therefore, if any, shall be equitably adjusted by the Committee, in
          its sole discretion.

          (b)  Subject to the provisions of Section 7, without affecting the
          number of shares reserved or available hereunder the Board of
          Directors or the Committee may authorize the issuance or assumption of
          benefits under this Plan in connection with any merger, consolidation,
          acquisition of property or stock, or reorganization upon such terms
          and conditions as it may deem appropriate.

          (c)  In the event of any merger, consolidation or reorganization of
          Motorola with or into another corporation, other than a merger,
          consolidation or reorganization in which Motorola is the continuing
          corporation and which does not result in the outstanding common stock
          being converted into or exchanged for different securities, cash or
          other property, or any combination thereof, there shall be
          substituted, on an equitable basis as determined by the Committee in
          its discretion, for each share of common stock then subject to a
          benefit granted under the Plan, the number and kind of shares of
          stock, other securities, cash or other property to which holders of
          common stock of Motorola will be entitled pursuant to the transaction.

9.   NONTRANSFERABILITY

          Each benefit granted under the Plan shall not be transferable
          otherwise than by will or the laws of descent and distribution and
          each Stock Option and SAR shall be exercisable during the
          participant's lifetime only by the participant or, in the event of
          disability, by the participant's personal representative. In the event
          of the death of a participant, exercise of any benefit or payment with
          respect to any benefit shall be made only by or to the executor or
          administrator of the estate of the deceased participant or the person
          or persons to whom the deceased participant's rights under the benefit
          shall pass by will or the laws of descent and distribution.
          Notwithstanding the foregoing, at its discretion, the Committee may

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          permit the transfer of a Stock Option by the participant, subject to
          such terms and conditions as may be established by the Committee.

10.  TAXES

     Motorola shall be entitled to withhold the amount of any tax attributable
     to any amounts payable or shares deliverable under the Plan, after giving
     the person entitled to receive such payment or delivery notice and Motorola
     may defer making payment or delivery as to any award, if any such tax is
     payable until indemnified to its satisfaction. The Committee may, in its
     discretion, subject to such rules as it may adopt, permit a participant to
     pay all or a portion of any required withholding taxes arising in
     connection with the exercise of a Stock Option or SAR by electing to have
     Motorola withhold shares of common stock, having a fair market value equal
     to the amount to be withheld.

11.  DURATION, AMENDMENT AND TERMINATION

     No Incentive Stock Option or other benefit shall be granted more than ten
     years after the date of original adoption of this Plan by the Board of
     Directors; provided, however, that the terms and conditions applicable to
     any benefit granted on or before such date may thereafter be amended or
     modified by mutual agreement between Motorola and the participant, or such
     other person as may then have an interest therein. The Board of Directors
     or the Committee may amend the Plan from time to time or terminate the Plan
     at any time. However, no such action shall reduce the amount of any
     existing award or change the terms and conditions thereof without the
     participant's consent. No amendment of the Plan shall be made without
     stockholder approval if stockholder approval is required by law,
     regulation, or stock exchange rule.

12.  FAIR MARKET VALUE

     The fair market value of Motorola's common stock at any time shall be
     determined in such manner as the Committee may deem equitable, or as
     required by applicable law or regulation.

13.  OTHER PROVISIONS

     (a)  The award of any benefit under the Plan may also be subject to other
     provisions (whether or not applicable to the benefit awarded to any other
     participant) as the Committee determines appropriate, including provisions
     intended to comply with federal or state securities laws and stock exchange
     requirements, understandings or conditions as to the participant's
     employment, requirements or inducements for continued ownership of common
     stock after exercise or vesting of benefits, forfeiture of awards in the
     event of termination of employment shortly after exercise or vesting, or
     breach of noncompetition or confidentiality agreements following
     termination of employment, or provisions permitting the deferral of the
     receipt of a benefit for such period and upon such terms as the Committee
     shall determine.

     (b ) In the event any benefit under this Plan is granted to an employee who
     is employed or providing services outside the United States and who is not

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          compensated from a payroll maintained in the United States, the
          Committee may, in its sole discretion, modify the provisions of the
          Plan as they pertain to such individuals to comply with applicable
          law, regulation or accounting rules.

14.  GOVERNING LAW

     The Plan and any actions taken in connection herewith shall be governed by
     and construed in accordance with the laws of the state of Delaware (without
     regard to applicable Delaware principles of conflict of laws).<Page>

                                                                   Exhibit 10.10

  [Standard Agreement for Restricted Stock as of 12-6-01]

                                   RESTRICTED
                              STOCK AWARD AGREEMENT

     This Restricted Stock Award ("AWARD") is made this ___ day of ______ 2002
("DATE OF GRANT"), by Motorola, Inc. (the "COMPANY" or "MOTOROLA") to
_____________________ (the "GRANTEE").

     WHEREAS, Grantee is receiving the Award under the Motorola Omnibus
Incentive Plan of 2000, as amended (the "2000 OMNIBUS PLAN");

     WHEREAS, the Award is a special grant of Motorola Restricted Stock; and

     WHEREAS, it is a condition to Grantee receiving the Award that Grantee
execute and deliver to Motorola an agreement evidencing the terms, conditions
and restrictions applicable to the restricted stock.

     NOW, THEREFORE, in consideration of the mutual covenants contained herein
and for other good and valuable consideration, the Company hereby awards
restricted stock to Grantee on the following terms and conditions:

     1. AWARD OF RESTRICTED STOCK. The Company hereby grants to Grantee a total
of ______________________ (______) shares of Motorola Restricted Stock (the
"RESTRICTED STOCK") subject to the terms and conditions set forth below.

     2. RESTRICTIONS. The Restricted Stock is being awarded to Grantee subject
to the transfer and forfeiture conditions set forth below (the "RESTRICTIONS")
which shall lapse, if at all, as described in Section 3 below. For purposes of
this Award, the term Restricted Stock includes any additional shares of
Restricted Stock or stock granted to the Grantee with respect to the Restricted
Stock, still subject to the Restrictions.

          a. Grantee may not directly or indirectly, by operation of law or
     otherwise, voluntarily or involuntarily, sell, assign, pledge, encumber,
     charge or otherwise transfer any of the Restricted Stock still subject to
     Restrictions. The Restricted Stock shall be forfeited if Grantee violates
     or attempts to violate these transfer restrictions.

          b. Any Restricted Stock still subject to the Restrictions shall be
     automatically forfeited upon the Grantee's termination of employment with
     Motorola or a Motorola Subsidiary for any reason, other than death, Total
     and Permanent Disability, as defined in Section 3(a) below, and Retirement,
     as defined in Section 3(c). For purposes of this Agreement, a "MOTOROLA
     SUBSIDIARY" is any corporation or other entity in which a 50 percent or
     greater interest is held directly or indirectly by Motorola and which is
     consolidated for financial reporting purposes.

          c. If Grantee engages, directly or indirectly, in any activity which
     is in competition with any activity of Motorola or any Motorola Subsidiary,
     or in any action or conduct which is in any manner adverse or in any way
     contrary to the interests of Motorola or any Motorola Subsidiary, all
     Restricted Stock shall be forfeited. This determination shall be made by
     the Compensation Committee of the Company's Board of Directors (the
     "Compensation Committee").

The Company will not be obligated to pay Grantee any consideration whatsoever
for forfeited Restricted Stock.

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3.   LAPSE OF RESTRICTIONS.

          a. Other than in the case of Retirement, the Restrictions applicable
     to the Restricted Stock shall lapse, as long as the Restricted Stock has
     not been forfeited as described in Section 2 above, as follows:

             (i)   years from the Date of Grant (the "RESTRICTED PERIOD");

             (ii)  Upon a Change in Control of the Company (as defined by the
                    2000 Omnibus Plan);

             (iii) If the Grantee becomes Totally and Permanently Disabled. A
                   "TOTAL AND PERMANENT DISABILITY" means for (x) U.S.
                   employees, entitlement to long term disability benefits
                   under the Motorola Disability Income Plan, as amended and
                   (y) non-U.S. employees, as established by applicable
                   Motorola policy or as required by local regulations; or

             (iv)  If the Grantee dies.

          b. In the case of Retirement (as defined below) before the expiration
     of the Restricted Period, the Restrictions shall lapse upon Retirement, as
     long as the Restricted Stock has not been forfeited as described in Section
     2 above, as follows:

             (i)   If the Grantee Retires after the first year of the
                   Restricted Period has expired, the Restrictions will lapse
                   as to [20%] of the Restricted Stock;

             (ii)  If the Grantee Retires after the second year of the
                   Restricted Period has expired, the Restrictions will lapse
                   as to [40%] of the Restricted Stock;

             (iii) If the Grantee Retires after the third year of the
                   Restricted Period has expired, the Restrictions will lapse
                   as to [60%] of the Restricted Stock; and

             (iv)  If the Grantee Retires after the fourth year of the
                   Restricted Period has expired, the Restrictions will lapse
                   as to [80%] of the Restricted Stock.

     [CHANGE BASED ON VESTING SCHEDULE]

          c. "RETIREMENT" for purposes of this Agreement means:

             (i)   Retiring at or after age 55 with 20 years of service,

             (ii)  Retiring at or after age 60 with 10 years of service; and

             (iii) Retiring at or after age 65, without regard to service.

          d. If during the Restricted Period the Grantee takes a Leave of
     Absence from Motorola or a Motorola Subsidiary and the Grantee's employment
     from Motorola or a Motorola Subsidiary is not terminated for any reason
     (other than death, Total and Permanent Disability, or Retirement), the
     Restricted Stock will continue to be subject to this Agreement. If the
     Restricted Period expires while the Grantee is on a Leave of Absence the
     Grantee will be entitled to the Restricted Stock even if the Grantee has
     not returned to active employment. "LEAVE OF ABSENCE" means a leave of
     absence from Motorola or a Motorola Subsidiary that is not a termination of
     employment, as determined by Motorola.

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          e. To the extent the Restrictions lapse under this Section 3 with
     respect to the Restricted Stock, it will be free of the terms and
     conditions of this Award.

     4. ADJUSTMENTS. If the number of outstanding shares of Common Stock of the
Company is changed as a result of stock dividend, stock split or the like
without additional consideration to the Company, the number of Restricted Stock
subject to this Award shall be adjusted to correspond to the change in the
outstanding shares of Motorola Common Stock ("COMMON STOCK").

     5. VOTING AND DIVIDENDS. Subject to the restrictions contained in Section 3
hereof, Grantee shall have all rights of a stockholder of Motorola with respect
to the Restricted Stock, including the right to vote the shares of Restricted
Stock and the right to receive any cash or stock dividends, including dividends
of stock of a company other than Motorola. Stock dividends issued with respect
to the Restricted Stock shall be treated as additional shares of Restricted
Stock (even if they are shares of a company other than Motorola) that are
subject to the same restrictions and other terms and conditions that apply to
the shares with respect to which such dividends are issued. If a dividend is
paid in other property, the Grantee will be credited with the amount of property
which would have been received had the Grantee owned a number of shares of
Common Stock equal to the number of Restricted Stock credited to his or her
account. The property so credited will be subject to the same Restrictions and
other terms and conditions applicable to the Restricted Stock and will be paid
out in kind at the time the Restrictions lapse.

     6. DELIVERY OF CERTIFICATES OR EQUIVALENT. Upon the lapse of Restrictions
applicable to the Restricted Stock, the Company shall, at its election, either
deliver to the Grantee (i) a certificate representing a number of shares of
Common Stock equal to the number of shares of Restricted Stock upon which such
Restrictions have lapsed, plus, a cash payment equal to the value of any
fractional shares or (ii) establish a brokerage account for the Grantee and
credit to that account the number of shares of Common Stock equal to the number
of shares of Restricted Stock upon which such Restrictions have lapsed.

     7. WITHHOLDING TAXES. The Company is entitled to withhold an amount equal
to Motorola's required minimum statutory withholdings taxes for the respective
tax jurisdiction attributable to any share of Common Stock or property
deliverable in connection with the Restricted Stock. Grantee may satisfy any
withholding obligation in whole or in part by electing to have Motorola retain
shares of the Restricted Stock having a Fair Market Value on the date the
Restrictions lapse equal to the minimum amount to be withheld. Fair Market Value
for this purpose shall be the closing price for a share of Motorola common stock
on the last trading day before the date the Restrictions lapse. The official
source for the closing price is the New York Stock Exchange Composite
Transaction as reported in the Wall Street Journal, Midwest edition.

     8. OTHER RIGHTS. The grant of Restricted Stock does not confer upon Grantee
any right to continue in the employ of the Company or a Motorola Subsidiary or
to interfere with the right of the Company or a Motorola Subsidiary, to
terminate Grantee's employment at any time.

     9. NOTICES. Any written notice under this Award shall be deemed given on
the date that is two business days after it is sent by registered or certified
mail, postage prepaid, addressed either to the Grantee at his address set forth
below or to the Attention: Executive Rewards, Motorola, Inc., 1303 East
Algonquin Rd, Schaumburg, IL 60196 (847) 576-5000. Any notice may be sent using
any other means (including personal delivery, expedited courier, messenger
service, telecopy, ordinary mail or electronic mail) but no such notice shall be
deemed to have been duly given unless and until it is actually received by the
intended recipient. The Grantee and the Company may change the address to which
notices are to be delivered by giving the other party notice in the manner set
forth herein.

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     10. GOVERNING LAW. All questions concerning the construction, validity and
interpretation of this Award shall be governed by and construed according to the
internal law and not the law of conflicts of the State of Illinois.

     11. WAIVER. The failure of the Company to enforce at any time any provision
of this Award shall in no way be construed to be a waiver of such provision or
any other provision hereof.

     12. ACTIONS OF THE COMPENSATION COMMITTEE. The Compensation Committee may
delegate its authority to administer this Award. The actions and determinations
of the Compensation Committee or its delegate shall be binding upon all parties.

     13. PLAN DOCUMENTS. The 2000 Omnibus Plan and the Prospectus for the 2000
Omnibus Plan are available at http://hr2.mot.com/stockadmin or from Executive
Rewards, 1303 East Algonquin Road Schaumburg, IL 60196 (847) 576-5000.

         IN WITNESS WHEREOF, the Company has executed this Agreement in
duplicate as of day and year first above written.

                                    --------------------------------------------
                                    MOTOROLA, INC.

                                    By:    /s/ Glen Gienko
                                           ---------------------------
                                           Glenn Gienko
                                    Its:

                                           Executive Vice President and Motorola
                                           Director of Human Resources
                                           -------------------------------------

     The undersigned Grantee hereby accepts, and agrees to, all terms and
provisions of the foregoing Award. If you do not sign and return this Award you
will not be entitled to the Restricted Stock.

--------------------------------
Signature

--------------------------------
Print Name

--------------------------------
Social Security Number or
Commerce ID Number

--------------------------------
Address

--------------------------------

--------------------------------

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