Document:

Form of 2009 time-vested stock appreciation rights agreement

 Exhibit 10.9 

STOCK APPRECIATION RIGHTS AGREEMENT 

This STOCK APPRECIATION RIGHTS AGREEMENT (this “SAR Agreement”), dated as of May 29, 2009 (the “Grant
Date”), is between ZEBRA TECHNOLOGIES CORPORATION, a Delaware corporation (the “Company”), and <<Insert SAR Recipient’s Name>> (the “Participant”), relating to a stock appreciation right granted under
the 2006 Zebra Technologies Corporation Incentive Compensation Plan (the “Plan”). Capitalized terms used in this SAR Agreement without definitions shall have the meanings ascribed to such terms in the Plan. 

 

	1.	Grant of Stock Appreciation Right. 

  

	 	(a)	Grant. Subject to the provisions of this SAR Agreement and pursuant to the provisions of the Plan, the Company hereby grants to the Participant as of the
Grant Date a stock appreciation right (the “SAR”) covering <<Insert Number of Shares>> shares (the “SAR Shares”) of the Company’s Class A Common Stock, $0.01 par value per share (the “Stock”), at a
price of $21.83 per share (the “SAR Price”). The SAR is not issued in tandem with an Option. 

  

	 	(b)	 Term of the SAR. Unless the SAR terminates earlier pursuant to other provisions of the SAR Agreement, the SAR shall expire on the tenth
(10th) anniversary of the Grant Date (the
“Expiration Date”). 

  

	 	(c)	Nontransferability. The SAR shall be nontransferable, except by will or the laws of descent and distribution, or as otherwise permitted under the Plan.

  

	2.	Vesting of the SAR. 

  

	 	(a)	General Vesting Rule. Prior to the Expiration Date, the SAR shall become and be exercisable as follows: 

 

			
	 Grant Date Anniversary
	 	 Percentage of SAR that Becomes
Exercisable

	 Prior to the first anniversary of the Grant Date
	 	0%
	On or after the first anniversary of the Grant Date	 	100%

 provided, however,
except as otherwise provided for under this SAR Agreement, the Participant must remain a member of the Board of Directors of the Company (the “Board”) continuously through the applicable vesting date.  

 

	 	(b)	Death or Disability. Notwithstanding the provisions of Section 2(a) hereof, in the event the Participant’s service on the Board is terminated
due to the Participant’s death or Disability, any unvested portion of the SAR as of the date of such Participant’s termination of service shall immediately become fully vested and exercisable and, along with any unexercised vested portion
of the SAR, shall remain exercisable until the earlier of: 

  

	 	(i)	the Expiration Date; or 

  

	 	(ii)	one (1) year after the date of the Participant’s termination of service on the Board due to the Participant’s death or Disability.

 In the event of the Participant’s death, the Participant’s beneficiary or estate
may exercise the vested SAR. 
  

	 	(c)	Retirement. In the event the Participant’s service on the Board is terminated due to Retirement, any unexercised vested portion of the SAR as of the
date of the Participant’s termination of service on the Board shall remain exercisable until the earlier of: 

  

	 	(i)	the Expiration Date; or 

  

	 	(ii)	one (1) year after the date of the Participant’s termination of service on the Board due to Retirement. 

For purposes of this SAR Agreement, “Retirement” means the Participant’s voluntary termination of service on the Board
after attaining either: 
  

	 	•	 	 age fifty-five (55) with ten (10) or more complete years of service on the Board; or 

 

	 	•	 	 age sixty-five (65). 

  

	 	(d)	Other Termination of Service on the Board. In the event the Participant’s service on the Board is terminated for any reason other than as provided in
Section 2(b) or (c) hereof, the unexercised vested portion of the SAR as of the date of such Participant’s termination shall remain exercisable until the earlier of: 

 

	 	(i)	the Expiration Date; or 

  

	 	(ii)	ninety (90) days after the date of the Participant’s termination of service on the Board. 

 

	 	(e)	Change in Control Vesting. Subject to the provisions of Section 15 of the Plan, if a Change in Control occurs, 100% of the remaining unvested portion
of the SAR shall be immediately vested and exercisable upon such Change in Control and, along with the unexercised vested portion of the SAR, shall remain exercisable through the Expiration Date. 

 

	3.	Exercise of SAR. 

  

	 	(a)	Notice of Exercise. Prior to the Expiration Date, the vested portion of the SAR may be exercised, in whole or in part, by delivering written notice to the
Company in accordance with Section 7(k) hereof and in such form as the Committee may require from time to time. Such notice of exercise shall specify the number of SAR Shares to be exercised. 

 

	 	(b)	Payment. As of the date of exercise of the SAR, the Company shall settle the exercised portion of the SAR as provided in Section 7.5 of the Plan. The
amount of the payment for each SAR Share exercised shall equal (i) the Fair Market Value of a share of Stock on the date of exercise, less (ii) the SAR Price for each such exercised SAR Share. The exercised SAR shall be settled in whole
shares of Stock, and cash for the value of a fractional share of Stock. 

  

	 	(c)	Payment of Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the SAR, the Participant
shall be required to remit such amount to the Company, as provided in Section 17.1 of the Plan. 

  

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 Alternatively, subject to Committee approval, the Participant may elect to withhold a
portion of the SAR exercise payment equal to the minimum statutory tax that would be imposed on the exercise, as provided under Section 17.2 of the Plan. The Participant acknowledges and agrees that the Participant is responsible for the tax
consequences associated with the grant of the SAR and its exercise. 
  

	 	(d)	Death Prior to Exercise. In the event of the Participant’s death prior to the exercise of any vested portion of the SAR, the Participant’s
beneficiary or estate may exercise the vested SAR. 

  

	4.	Compliance with Federal and State Law. The Company reserves the right to delay the Participant’s exercise of any portion of the SAR if (a) the
Company’s issuance of Stock upon such exercise would violate any applicable federal or state securities laws or any other applicable laws or regulations, or (b) the Company reasonably determines that payment of such SAR portion would not
be deductible under Code Section 162(m). The Participant may not sell or otherwise dispose of any portion of the SAR in violation of any applicable law. The Company may postpone issuing and delivering any Stock in payment for the exercise of
such portion of the SAR for so long as the Company reasonably determines to be necessary to satisfy the following: 

  

	 	(i)	its completing or amending any securities registration or qualification of the Stock or it or the Participant satisfying any exemption from registration under any
federal or state law, rule, or regulation; 

  

	 	(ii)	its receiving proof it considers satisfactory that a person seeking to exercise the SAR after the Participant’s death is entitled to do so;

  

	 	(iii)	Participant complying with any requests for representations under the Plan; and 

 

	 	(iv)	Participant complying with any federal, state, or local tax withholding obligations. 

 

	5.	Changes in Company’s Capital Structure. As may be determined to be appropriate and equitable by the Committee, in its complete and sole discretion,
to prevent dilution or enlargement of rights, the Committee shall make or authorize to be made an adjustment in the number and class of SAR Shares and/or the SAR Price to prevent dilution or enlargement of rights, as a result of the following:

  

	 	(i)	any adjustment, recapitalization, reorganization or other changes in the Company’s capital structure or its business; or 

 

	 	(ii)	any merger or consolidation of the Company; or 

  

	 	(iii)	any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Company’s Stock or the rights thereof; or

  

	 	(iv)	the dissolution or liquidation of the Company; or 

  

	 	(v)	any sale or transfer of all or any part of the Company’s assets or business; or 

 

	 	(vi)	any other corporate act or proceeding, whether of a similar character or otherwise. 

 

	6.	Confidentiality, Non-Solicitation and Non-Compete. The Participant agrees to, understands and acknowledges the following: 

 

	 	(a)	 Confidential Information. The Participant will be furnished, use or otherwise have access to certain Confidential Information of the
Company and/or a Subsidiary. For purposes of this SAR Agreement, “Confidential Information” means 

  

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any and all financial, technical, commercial or other information concerning the business and affairs of the Company and/or a Subsidiary that is confidential and proprietary to the Company and/or
a Subsidiary, including without limitation: 

  

	 	(i)	information relating to the Company’s or Subsidiary’s past and existing customers and vendors and development of prospective customers and vendors, including
specific customer product requirements, pricing arrangements, payment terms, customer lists and other similar information; 

  

	 	(ii)	inventions, designs, methods, discoveries, works of authorship, creations, improvements or ideas developed or otherwise produced, acquired or used by the Company and/or
a Subsidiary; 

  

	 	(iii)	the Company’s or Subsidiary’s proprietary programs, processes or software, consisting of, but not limited to, computer programs in source or object code and
all related documentation and training materials, including all upgrades, updates, improvements, derivatives and modifications thereof and including programs and documentation in incomplete stages of design or research and development;

  

	 	(iv)	the subject matter of the Company’s or Subsidiary’s patents, design patents, copyrights, trade secrets, trademarks, service marks, trade names, trade dress,
manuals, operating instructions, training materials, and other industrial property, including such information in incomplete stages of design or research and development; and 

 

	 	(v)	other confidential and proprietary information or documents relating to the Company’s or Subsidiary’s products, business and marketing plans and techniques,
sales and distribution networks and any other information or documents that the Company and/or a Subsidiary reasonably regards as being confidential. 

The Company and its Subsidiaries devote significant financial, human and other resources to the development of their products, customer
base and the general goodwill associated with their business, and the Company and its Subsidiaries diligently maintain the secrecy and confidentiality of their Confidential Information. Each and every component of the Confidential Information is
sufficiently secret to derive economic value from its not being generally known to other persons. While serving on the Board and thereafter, the Participant will hold in the strictest confidence and not use in any manner which is detrimental to the
Company or its Subsidiaries or disclose to any individual or entity any Confidential Information, except as may be required by the Company or its Subsidiaries in connection with the Participant’s service on the Board. 

All Company Materials are and will be the sole property of the Company and/or Subsidiary. The Participant agrees that during and after his
or her service on the Board, the Participant will not remove any Company Materials from the business premises of the Company or a Subsidiary or deliver any Company Materials to any person or entity outside the Company or a Subsidiary, except as the
Participant is required to do so in connection with performing the duties as a member of the Board. The Participant further agrees that, immediately upon the termination of his or her service on the Board for any reason, or during the
Participant’s tenure as a member of the Board if so requested by the Company, the Participant will 
  

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return all Company Materials and other physical property, and any reproduction thereof, excepting only the Participant’s copy of this Agreement. For purposes of this SAR Agreement,
“Company Materials” means documents or other media or tangible items that contain or embody Confidential Information or any other information concerning the business, operations or future/strategic plans of the Company and/or any
Subsidiary, whether such documents have been prepared by the Participant or by others. 
  

	 	(b)	Non-Solicitation and Non-Compete. For the period beginning on the date hereof and ending twelve (12) months following the Participant’s
termination of service on the Board, the Participant will not directly or indirectly: 

  

	 	(i)	employ, recruit or solicit for employment any person who is (or was within the six (6) months prior to the date the Participant’s service on the Board
terminated) an employee of the Company and/or any Subsidiary; 

  

	 	(ii)	accept employment, serve on the board of directors of, or engage in a competing business that may require contact, solicitation, interference or diverting of any of the
Company’s or any Subsidiary’s customers, or that may result in the disclosure, divulging, or other use of Confidential Information or Company Materials acquired during the Participant’s service on the Board; or

  

	 	(iii)	solicit or encourage any customer, vendor or potential customer or vendor of the Company or any Subsidiary with whom the Participant had contact while serving on the
Board to terminate or otherwise alter his, her or its relationship with the Company. The Participant understands that any person or entity with whom the Participant contacted during the twelve (12) months prior to the date of the
Participant’s termination of service on the Board for the purpose of soliciting sales from such person or entity shall be regarded as a “potential customer” of the Company to whom the Company or a Subsidiary has a protectable
proprietary interest. 

  

	 	(c)	Remedies for Violation.  

  

	 	(i)	Injunctive Action. The Participant acknowledges that if he or she violates the terms of this Section 6, the injury that would be suffered by the
Company and/or a Subsidiary as a result of a breach of the provisions of this SAR Agreement (including any provision of Section 6(a) or (b) hereof) would be irreparable and that an award of monetary damages to the Company and/or a
Subsidiary for such a breach would be an inadequate remedy. Consequently, the Company and/or its Subsidiary will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or
otherwise to specifically enforce any provision of this SAR Agreement, and the Company and/or a Subsidiary will not be obligated to post bond or other security in seeking such relief. Without limiting the Company’s or Subsidiary’s rights
under this Section 6(c) (or Sections 6(a) or (b) hereof) or any other remedies of the Company or a Subsidiary, if the Participant breaches any of the provisions of Section 6(a) or (b) hereof, the Company will have the right to
cease making any payments otherwise due to the Participant under this SAR Agreement. 

  

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	 	(ii)	Forfeiture of the SAR and Repayment. In addition to the rights available to the Company and its Subsidiaries under Section 6(c)(i) hereof, if the
Participant violates the terms of this Section 6 at any time, the Participant, without any further action by the Company or the Participant, shall forfeit, as of the first day of any such violation, all right, title and interest to this SAR,
any Stock or cash received from the exercise of the SAR, and any net proceeds received by the Participant pursuant to any sales of any such Stock prior to, on or after such date, and the Company shall have the right to issue a stop transfer order
and other appropriate instructions to its transfer agent with respect to this SAR, and the Company further shall be entitled to reimbursement from the Participant of any fees and expenses (including attorneys’ fees) incurred by or on behalf of
the Company or any Subsidiary in enforcing the Company’s or a Subsidiary’s rights under this Section 6. By accepting this SAR grant, the Participant hereby consents to a deduction from any amounts the Company or any Subsidiary owes to
the Participant from time to time (including amounts owed to the Participant as wages or other compensation, fringe benefits, or vacation pay, as well as any other amounts owed to the Participant by the Company or any Subsidiary), unless such amount
is subject to Section 409A of the Code, to the extent of any amounts that the Participant owes the Company under this Section 6. In addition to any injunctive relief sought under Section 6(c)(i) hereof and whether or not the Company
or any Subsidiary elects to make any set-off in whole or in part, if the Company or any Subsidiary does not recover by means of set-off the full amount the Participant owes to the Company or any Subsidiary, calculated as set forth in this
Section 6(c)(ii), the Participant agrees to immediately pay the unpaid balance to the Company or any Subsidiary. 

  

	 	(d)	Enforceability of Restrictive Covenants. The scope and duration of the restrictive covenants contained in this SAR Agreement are reasonable and necessary
to protect a legitimate, protectable interest of the Company and its Subsidiaries. However, if one or more provisions of this SAR Agreement are held to be unenforceable under applicable law to any extent, such provision(s) shall, to that extent, be
excluded from this SAR Agreement and the balance of the SAR Agreement shall be interpreted as if such provision(s) were so excluded to that extent and shall be enforceable in accordance with its terms. 

 

	 	(e)	Written Acknowledgement by the Participant. The Committee, in its sole discretion, may require the Participant, as a condition to the exercise of this
SAR, to acknowledge in writing that he or she has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6. 

 

	7.	Miscellaneous Provisions. 

  

	 	(a)	No Service or Employment Rights. No provision of this SAR Agreement or of the SAR granted hereunder shall give the Participant any right to continue to
serve on the Board or in the service or employ of the Company or any Subsidiary, create any inference as to the length of employment or service of the Participant, affect the right of the Company or any Subsidiary to terminate the employment or
service of the Participant, with or without Cause, or give the Participant any right to participate in any employee welfare or benefit plan or other program (other than the Plan) of the Company or any Subsidiary. 

 

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	 	(b)	Stockholder Rights. Until the SAR shall have been duly exercised into Stock and such Stock has been officially recorded as issued on the Company’s
official stockholder records, no person or entity shall be entitled to vote, receive dividends or be deemed for any purpose the holder of such Stock, and adjustments for dividends or otherwise shall be made only if the record date thereof is
subsequent to the date such shares are recorded and after the date of exercise and without duplication of any adjustment. 

  

	 	(c)	Plan Document Governs. The SAR is granted pursuant to the Plan, and the SAR and this SAR Agreement are in all respects governed by the Plan and subject to
all of the terms and provisions thereof, whether such terms and provisions are incorporated in this SAR Agreement by reference or are expressly cited. Any inconsistency between the SAR Agreement and the Plan shall be resolved in favor of the Plan.
The Participant hereby acknowledges receipt of a copy of the Plan. 

  

	 	(d)	Investment Representation and Agreement. The Committee may require the Participant to furnish to the Company, prior to the issuance of any Stock upon the
exercise of all or any part of this SAR, an agreement (in such form as the Committee may specify) in which the Participant represents that the Stock acquired by him or her upon exercise are being acquired for investment and not with a view to the
sale or distribution thereof. 

  

	 	(e)	Beneficiary Designation. The Participant may, from time to time, in accordance with procedures set forth by the Committee, name any beneficiary or
beneficiaries (who may be named contingently or successively) to whom any benefit under this SAR Agreement is to be paid in case of his or her death before he or she receives any or all of such benefit. Each such designation shall revoke all prior
designations by the Participant, shall be in a form prescribed by the Company, and will be effective only when filed by the Participant in writing with the Committee during the Participant’s lifetime. In the absence of any such designation,
benefits remaining unpaid at the Participant’s death shall be paid to the Participant’s estate or exercised by the Participant’s estate. 

  

	 	(f)	Administration. This SAR Agreement and the rights of the Participant hereunder are subject to all the terms and conditions of the Plan, as the same may be
amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary
or appropriate to the administration of the Plan and this SAR Agreement, all of which shall be binding upon the Participant.  

  

	 	(g)	No Vested Right In Future Awards. the Participant acknowledges and agrees (by executing this SAR Agreement) that the granting of the SAR under this SAR
Agreement is made on a fully discretionary basis by the Company and that this SAR Agreement does not lead to a vested right to further SAR awards in the future. 

 

	 	(h)	Use of Personal Data. By executing this SAR Agreement, the Participant acknowledges and agrees to the collection, use, processing and transfer of certain
personal data, including his or her name, compensation, nationality, job title, position, and details of all past Awards and current Awards outstanding under the Plan (“Data”), for the purpose of managing and administering the Plan. The
Participant is not obliged to consent to such collection, use, processing and transfer of personal data, but a refusal to provide such consent may affect his or her ability to participate in the Plan. The Company, or its 

 

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Subsidiaries, may transfer Data among themselves or to third parties as necessary for the purpose of implementation, administration and management of the Plan. These various recipients of Data
may be located elsewhere throughout the world. The Participant authorizes these various recipients of Data to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and
managing the Plan. The Participant may, at any time, review Data with respect to the Participant and require any necessary amendments to such Data. The Participant may withdraw his or her consent to use Data herein by notifying the Company in
writing; however, the Participant understands that by withdrawing his or her consent to use Data, the Participant may affect his or her ability to participate in the Plan. 

 

	 	(i)	Severability. In the event that any provision of this SAR Agreement shall be held illegal or invalid for any reason, the illegality or invalidity shall
not affect the remaining parts of this SAR Agreement, and this SAR Agreement shall be construed and enforced as if the illegal or invalid provision had not been included. 

 

	 	(j)	Waiver; Cumulative Rights. The failure or delay of either party to require performance by the other party of any provision hereof shall not affect its
right to require performance of such provision unless and until such performance has been waived in writing. Each and every right hereunder is cumulative and may be exercised in part or in whole from time to time. 

 

	 	(k)	Notices. Any notice which either party hereto may be required or permitted to give the other shall be in writing and may be delivered personally or by
mail, postage prepaid, addressed to the Secretary of the Company, at its then corporate headquarters, and the Participant at the Participant’s address (including any electronic mail address) as shown on the Company’s records, or to such
other address as the Participant, by notice to the Company, may designate in writing from time to time. The Participant hereby consents to electronic delivery of any notices that may be made hereunder. 

 

	 	(l)	Counterparts. This SAR Agreement may be signed in two counterparts, each of which shall be an original, but both of which shall constitute but one and the
same instrument. 

  

	 	(m)	Successors and Assigns. This SAR Agreement shall inure to the benefit of and be binding upon each successor and assign of the Company. All obligations
imposed upon the Participant, and all rights granted to the Company hereunder, shall be binding upon the Participant’s heirs, legal representatives and successors. 

 

	 	(n)	Governing Law. This SAR Agreement and the SAR granted hereunder shall be governed by, and construed and enforced in accordance with, the laws of the State
of Delaware, without giving effect to provisions thereof regarding conflict of laws. 

  

	 	(o)	Entire Agreement. This SAR Agreement, together with the Plan, constitutes the entire obligation of the parties hereto with respect to the subject matter
hereof and shall supersede any prior expressions of intent or understanding with respect to this transaction. 

  

	 	(p)	Amendment. Any amendment to this SAR Agreement shall be in writing and signed by the Company. 

 

	 	(q)	Headings. The headings contained in this SAR Agreement are for reference purposes only and shall not affect the meaning or interpretation of this SAR
Agreement. 

  

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 IN WITNESS WHEREOF, the Company has caused this SAR Agreement to be duly executed by
an officer thereunto duly authorized, and the Participant has hereunto set his or her hand, all as of the day and year first above written. 
  

									
	ZEBRA TECHNOLOGIES CORPORATION	 		 	PARTICIPANT
					
	 By:
	 	 	 		 	Signed:	 	 
	Name:	 	Michael C. Smiley	 		 	Name: <<Insert Stock Recipient’s Name>>
	 Title:
	 	Chief Financial Officer & Treasurer	 		 		 	

  

 9Amended and Restated Employment Agreement

 Exhibit 10.10 

AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into by and between Zebra
Technologies Corporation, a Delaware corporation (the “Employer”), and Anders Gustafsson (the “Executive”), to be effective as of May 6, 2010. 

RECITALS 

WHEREAS, the Employer and the Executive are parties to an employment agreement effective September 4, 2007 (the “Effective
Date”), as amended on each of November 16, 2007, December 30, 2008, and March 7, 2009 (the “Current Employment Agreement”); 

WHEREAS, the Employer desires to (1) restate the Current Employment Agreement as one agreement and to amend the Current Employment
Agreement, (2) correct an administrative error that was included in Paragraph 4.C(2) of the Current Employment Agreement upon the execution of the March 7, 2009 amendment to the Current Employment Agreement, and (3) continue to employ
the Executive to provide services for the benefit of the Employer and its affiliates; 
 WHEREAS, the Executive desires to so
restate and amend the Current Employment Agreement and desires to continue to provide services for the benefit of the Employer and its affiliates, including leading the senior management team of the Employer and, as such, will continue, under the
direction of the Employer’s Board of Directors (the “Board”), to oversee the creation and implementation of the Employer’s business plan; and 

WHEREAS, in the course of employment with the Employer, the Executive has had and will continue to have access to certain confidential
information that relates to or will relate to the business of the Employer and its affiliates, and the Employer desires that any such information not be disclosed to other parties or otherwise used for unauthorized purposes. 

NOW, THEREFORE, in consideration of the above premises and the following mutual covenants and conditions, the parties agree as follows:

 1. Employment. The Executive shall continue his employment on the following terms and conditions. 

A. Chief Executive Officer; At-Will Employee. The Employer shall continue to employ the Executive as its Chief Executive Officer
(“CEO”). The Executive understands and agrees that he is an at-will employee, and the Executive and the Employer can, and shall have the right to, terminate the employment relationship at any time for any or no reason, with or
without notice, and with or without cause, subject to the payment provisions contained in Paragraph 7 of this Agreement. Nothing contained in this Agreement or any other agreement shall alter the at-will relationship. 

 B. Board of Directors. The Employer covenants and agrees that as long as the
Executive remains employed as the CEO of the Employer, he will continue to be slated as a nominee for a director of the Employer. In the event that the Executive ceases to be employed by the Employer for any reason, the Executive shall tender his
resignation from the Board, effective on the date his employment is terminated. 
 2. Duties. The Executive shall work
for the Employer in a full-time capacity. The Executive shall, during the term of his employment, have the duties, responsibilities, powers, and authority customarily associated with the position of CEO. The Executive shall solely report to, and
follow the direction of, the Board. The Executive shall diligently, competently, and faithfully perform all duties, and shall devote his entire business time, energy, attention, and skill to the performance of duties for the Employer or its
affiliates and will use his best efforts to promote the interests of the Employer. It shall not be considered a violation of the foregoing for the Executive to serve on business, industry, civic, religious or charitable boards or committees, so long
as such service is in compliance with the Employer’s Corporate Governance Guidelines, the Board is provided notice of such service and, in the reasonable determination of a majority of the Board’s independent directors, such service does
not individually or in the aggregate significantly interfere with the performance of the Executive’s responsibilities as an employee of the Employer in accordance with this Agreement. 

3. Executive Loyalty. Subject to the terms of this Agreement, the Executive shall devote all of his time, attention, knowledge,
and skill solely and exclusively to the business and interests of the Employer, and the Employer shall be entitled to all benefits and profits arising from or incident to any and all work, services, and advice of the Executive. The Executive
expressly agrees that during the term of his employment, he shall not engage, directly or indirectly, as a partner, officer, director, member, manager, stockholder, advisor, agent, employee, or in any other form or capacity, in any other business
similar to that of the Employer. The foregoing notwithstanding, and except as otherwise set forth in Paragraph 8, and provided that none of the following reflects poorly on the Employer or, in the reasonable determination of a majority of the
Board’s independent directors, individually or in the aggregate significantly interferes with the performance of the Executive’s responsibilities as an employee of the Employer in accordance with this Agreement, nothing herein contained
shall be deemed to prevent the Executive from (1) otherwise managing his personal investments and financial affairs, or (2) investing his money in the capital stock or other securities of any corporation whose stock or securities are
publicly-owned or are regularly traded on any public exchange, so long as (a) the Executive does not beneficially own stock in any such corporation if more than five percent (5%) of the Employer’s annual sales are to such corporation
or if the Employer’s products comprise more than five percent (5%) of such corporation’s annual sales, or (b) the Executive does not beneficially own more than one percent (1%) of the outstanding capital stock of any such
corporation. 
 4. Compensation. 

A. Base Salary. So long as the Executive is employed by the Employer, the Employer shall pay the Executive a gross base salary at
an annual rate of $700,000 (the “Base Salary”), commencing on the Effective Date, payable in substantially equal installments in accordance with the Employer’s payroll policy from time to time in effect. The Executive’s
Base Salary shall be subject to any payroll or other deductions as may be required to be made pursuant to law, government order, or by agreement with, or consent of, the Executive. Subject to the provisions contained in Paragraph 6D, changes to the
Base Salary may be made at the discretion of the Board or the Compensation Committee of the Board (the “Compensation Committee”). 
  

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 B. Performance Bonus. The Executive shall be eligible to earn a performance bonus
under the Employer’s Management Bonus Plan (the “Bonus”) upon the attainment of certain performance measures. The Board or the Compensation Committee shall set the performance targets for a given year, with input from the
Executive, and the final performance targets shall be established in the sole discretion of the Board or the Compensation Committee. The Bonus shall be targeted at one hundred percent (100%) of the Executive’s Base Salary (the
“Target Bonus”), with an opportunity to earn a bonus of up to two hundred percent (200%) of such Base Salary for exceptional performance, with the actual Bonus earned to be calculated on that portion of the Executive’s
Base Salary actually earned during the calendar year for which the Bonus is calculated. The Bonus, if any, for a given year (the “Bonus Year”) shall be paid in the following year and on or before March 15 of such year,
provided, and except as otherwise set forth in Paragraph 7B, the Executive must be employed by the Employer and in good standing as of the date that the Bonus is paid to earn any Bonus for the Bonus Year. 

C. Equity. For years beginning on and after January 1, 2008, the Executive may granted under and pursuant to the terms of the
2006 Zebra Technologies Corporation Incentive Compensation Plan, as may be amended from time to time (the “2006 Incentive Compensation Plan”), an annual equity or other equity award (an “Annual Equity Award”), all
as determined by the Board or the Compensation Committee. Upon the date of any such grant, the Employer shall provide the Executive with an award agreement which shall describe the terms and conditions of the Annual Equity Award. 

D. Long-Term Equity. This Section intentionally left blank. 

E. Employee Benefits. During the term of the Executive’s employment, the Employer shall: 

(1) include the Executive in any life insurance, disability insurance, medical, dental or health insurance, vacation (of
not less than four (4) weeks accrued pro rata in each calendar year), 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; 
 (2) include the Executive in such perquisites as
the Employer may establish from time to time that are commensurate with his position and at least comparable to those received by other executive officers of the Employer and 

(3) include financial and administrative assistance in relocating the Executive’s primary residence to Vernon Hills,
Illinois or the surrounding area, pursuant to the terms of the Employer’s standard corporate relocation policy and the terms attached hereto as Exhibit A. 

 

 3 

 5. Expenses. While employed by the Employer, the Executive shall be entitled to
receive prompt reimbursement for all reasonable and necessary business expenses incurred by the Executive, in accordance with the practices and policies applicable to other executive officers of the Employer, including professional and service
company dues, journal subscriptions, educational seminars, conferences, and symposiums and as required by the Internal Revenue Service to qualify as ordinary and necessary business expenses under the Internal Revenue Code of 1986, as amended (the
“Code”). The Executive shall be entitled to receive prompt reimbursement for travel expenses incurred in connection with the performance of his duties under this Agreement. To receive reimbursement, the Executive shall
submit to the Employer such vouchers or expense statements that reasonably evidence expenses incurred in accordance with the Employer’s travel and expense reimbursement policy. 

6. Termination. The Executive’s services shall terminate upon the first to occur of the following events: 

A. Death or Disability. Upon the Executive’s date of death or the date the Executive is given written notice that he has been
determined to be disabled by the Employer. For purposes of this Agreement, the Executive shall be deemed to be disabled if the Executive, as a result of illness or incapacity, shall be unable to perform substantially his required duties for a period
of one hundred eighty (180) consecutive days; provided, however, that if the Executive, after being unable to perform substantially his required duties for a period of less than one hundred eighty (180) consecutive days as a
result of illness or incapacity returns to active duty for less than thirty (30) days, the period of such active duty will be disregarded in determining whether the 180 consecutive day threshold has been
accumulated (although it will not be accumulated as part of the 180 day period). A termination of the Executive’s employment by the Employer for disability shall be communicated to the Executive by written notice and shall be effective on the
tenth (10th) business day after receipt of such notice by the Executive, unless the Executive returns to full-time performance of his duties before such tenth (10th) business day. 

B. Cause Termination. On the date the Board provides the Executive with written notice that he is being terminated for Cause. For
purposes of this Agreement, and as determined by the Board in its sole discretion, the Executive shall be deemed terminated for “Cause” if the Board terminates the Executive after the Executive: 

(1) shall have committed, been indicted of, or been convicted of, or admitted, plea bargained, entered a plea of no
contest or nolo contendere to, any felony of any kind or a misdemeanor, or violated any laws, involving fraud, dishonesty or an act of moral turpitude; 

(2) shall have materially breached this Agreement or any exhibits to this Agreement; 

(3) shall have materially violated any written Employer policy, regardless of whether within or outside the scope of his
authority; 
 (4) shall have committed willful or intentional misconduct, gross negligence, or dishonest,
fraudulent or unethical behavior, or other conduct involving serious moral turpitude in the performance of his duties hereunder; 
  

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 (5) shall have failed or refused to materially comply (to the best of his
ability) with a specific direction of the Board, unless the Executive reasonably and in good faith believes such specific direction to be unlawful (in which case the Employer’s termination of the Executive’s employment shall not be for
Cause under this provision); or 
 (6) engages in any conduct which breaches his fiduciary duty to the Employer,
which materially injures the integrity, character or reputation of the Employer or which impugns Executive’s own integrity, character or reputation so as to cause Executive to be unfit to act in the capacity of CEO of the Employer. 

A termination of employment by the Employer for Cause under subparagraphs 6B(2), (3), (4), (5) or (6) shall be effectuated by the Board giving
the Executive written notice of the termination within thirty (30) days of the event constituting Cause, or such longer period as the parties may agree, setting forth in reasonable detail the specific conduct of the Executive that constitutes
Cause, the specific provisions of this Agreement on which the Employer relies and, to the extent such Cause is susceptible to cure, providing the Executive with a thirty (30) day cure period. If such Cause is susceptible to cure and the
Executive fails to remedy the condition within such thirty (30) day cure period, the Employer may terminate the Executive’s employment within thirty (30) days after the expiration of the cure period, and if the Employer fails to so
terminate the Executive’s employment, any subsequent termination based upon the identical underlying facts and circumstances shall not constitute a termination for Cause under this subparagraph 6B. 

C. Employer Termination. On the date the Employer terminates the Executive’s employment for any reason, other than a reason
otherwise set forth in this Paragraph 6. 
 D. Good Reason Termination. On the date the Executive terminates his
employment for Good Reason. The term “Good Reason” means the occurrence of any one of the following: 

(1) demotion of the Executive by the Employer to a lesser position (including a material diminution in the status of the
Executive’s responsibilities, authorities, powers or duties taken as a whole) or assignment to the Executive of any duties materially inconsistent with his position, status or responsibilities under this Agreement; 

(2) material breach of any provision of this Agreement by the Employer; or 

(3) decrease in Base Salary as in effect on the Effective Date (unless such decrease is applied on a proportionally equal
basis to all executive officers of the Employer) (an “Applicable Decrease”), but only if the Executive terminates his employment with the Employer as a result of an Applicable Decrease within fifteen (15) business days of the
later of (i) the effective date of the Applicable Decrease, or (ii) the Executive’s actual knowledge of Applicable Decrease (“Applicable Decrease Date”). For clarification purposes, should the Executive fail to
terminate his employment with the Employer within fifteen (15) business days of the Applicable Decrease Date, such termination shall not constitute termination of employment by the Executive for Good Reason under this provision. 

 

 5 

 A termination of employment by the Executive for Good Reason under subparagraph 6D(1) or (2) shall be
effectuated by giving the Employer written notice of the termination within thirty (30) days of the event constituting Good Reason, setting forth in reasonable detail the specific conduct of the Employer that constitutes Good Reason and the
specific provisions of this Agreement on which Executive relies and providing the Employer with a thirty (30) day period during which it may remedy the condition constituting Good Reason. If the Employer fails to remedy the condition within
such thirty (30) day period, the Executive must terminate his employment within thirty (30) days after the expiration of the cure period, and if the Executive fails to so terminate his employment, any subsequent termination based upon the
same underlying facts shall not constitute a termination for Good Reason under this subparagraph 6D. 
 E. Resignation.
On the date the Executive terminates his employment for any reason (other than Good Reason), provided that the Executive shall give the Board sixty (60) days written notice prior to such date of his intention to terminate such employment. The
Board may, in its sole discretion, waive such sixty (60) day notice requirement. 
 7. Compensation Upon
Termination. 
 A. Final Payments. If the Executive’s services are terminated pursuant to Paragraph 6, the
Executive shall be entitled to his salary through his final date of active employment plus any accrued but unused vacation pay. The Executive also shall be entitled to any benefits mandated under the Consolidated Omnibus Budget Reconciliation Act of
1985 (“COBRA”) or required under the terms of any death, insurance, or retirement plan, program, or agreement provided by the Employer and to which the Executive is a party or in which the Executive is a participant, including, but
not limited to, any short-term or long-term disability plan or program, if applicable. 
 B. Severance Benefits.

 (1) In addition to the salary and benefits described in Paragraph 7A, if the Executive’s employment is
terminated pursuant to Paragraphs 6C or 6D, the Executive shall be entitled to the following: (i) the continuation of his Base Salary at the annual salary rate then in effect (before any reduction under Paragraph 6D(3) which is made on a
proportionally equal basis to all executive officers and which is made within the one (1) year period preceding the date the Executive’s employment is terminated), for a period of two years following the termination of the Executive’s
employment (the “Severance Period”), payable in accordance with the Employer’s payroll policy from time to time in effect and subject to the limitations imposed under subparagraph 7B(3); (ii) a pro-rata portion of the
Bonus for the year in which the Executive’s employment terminates, if such Bonus would have been earned had the Executive been employed and in good 

 

 6 

 
standing as of the date the Bonus otherwise is paid to other senior level executives of the Employer, and payable at the time the Bonus otherwise is paid to other senior level executives of the
Employer; (iii) the Bonus attributable to the calendar year prior to the calendar year in which the Executive’s employment terminates, if such Bonus would have been earned had the Executive been employed and in good standing as of the date
the Bonus otherwise is paid to other senior level executives of the Employer, and provided such Bonus had not yet been paid in accordance with the timing provisions set forth in Paragraph 4B, and payable at the time the Bonus otherwise is paid to
other senior level executives of the Employer; (iv) a payment equal to one hundred percent (100%) of the Target Bonus (before any reduction under Paragraph 6D(3) which is made on a proportionally equal basis to all executive officers and
which is made within the one (1) year period preceding the date the Executive’s employment is terminated), based upon the Base Salary for such year, to be paid at the same time that performance bonuses are generally paid by the Employer to
its executives for the year in which such termination occurs; (v) the Executive shall immediately and fully vest in any unvested shares subject to the Initial Option and any Annual Equity Awards; and (vi) continued coverage of the
Executive and his dependents in the medical and dental insurance plans sponsored by the Employer, as mandated by COBRA, which may continue to the extent required by applicable law and the Employer shall pay for such coverage, at the same rate the
Employer pays for health insurance coverage for its active employees under its group health plan (with the Executive required to pay for any employee-paid portion of such coverage), through the earlier of (a) the last day of the Severance
Period or (b) the date the Executive becomes eligible for coverage under another group health plan that does not impose preexisting condition limitations on the Executive’s coverage, provided, however, that nothing herein shall be
construed to extend the period of time over which such COBRA continuation coverage may be provided to the Executive and his dependents beyond that mandated by law and, provided further, that the Executive shall be required to pay the entire cost of
such COBRA continuation coverage for any time following the last day of the Severance Period. 
 (2) The
foregoing notwithstanding, if at any time within one hundred twenty (120) days immediately preceding or one (1) year immediately following a “Change in Control,” the Executive’s employment is terminated pursuant to Paragraph
6C or 6D, the Executive shall be entitled to the following compensation, in lieu of any payments otherwise set forth in Paragraph 7B(1) above, and payable within sixty (60) days following the later of the Change in Control or the termination,
subject, however, to the limitations imposed under subparagraph 7B(3): two (2.0) times the Executive’s Base Salary at the annual rate then in effect (before any reduction under Paragraph 6D(3) which is made on a proportionally equal basis
to all executive officers and which is made within the one (1) year period preceding the date the Executive’s employment is terminated) and two (2.0) times the Target Bonus (before any reduction under Paragraph 6D(3) which is made on
a proportionally equal basis to all executive officers and which is made within the one (1) year period preceding the date the Executive’s employment is terminated), based upon the Base Salary for such year. In addition, the Executive

  

 7 

 
shall immediately and fully vest in any unvested shares subject to the Initial Option and any Annual Equity Awards. The vesting of any shares subject to the Long-Term Incentive Restricted Stock
Grant and the Long-Term Incentive Stock Option Grant which are unvested as of the date of the Change in Control shall be accelerated upon such a termination of employment and shall vest as follows: 

 

			
	 Date of Change in Control
	  	Percentage of Unvested That Vest
	Prior to the First Anniversary of the Effective Date	  	100%
		
	On or after the First Anniversary of the Effective Date, but prior to the Second Anniversary of the Effective Date	  	80%
		
	On or after the Second Anniversary of the Effective Date, but prior to the Third Anniversary of the Effective Date	  	60%
		
	On or after the Third Anniversary of the Effective Date, but prior to the Fourth Anniversary of the Effective Date	  	40%
		
	On or after the Fourth Anniversary of the Effective Date, but prior to the Fifth Anniversary of the Effective Date	  	20%

 In addition, upon the
termination of the Executive’s employment as set forth in this subparagraph 7B(2) the Executive and his dependents shall be offered continued coverage under the Employer’s group health plan on the same terms as described above in
subparagraph 7B(1)(vi) and shall be entitled to the Bonus, if any, set forth in subparagraphs 7(B)(1)(ii) and (iii) above. 

(3) 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. The payments to be made under this Paragraph 7B shall be
further conditioned upon the Executive’s execution of an agreement acceptable to the Employer that (i) waives any rights 

 

 8 

 
the Executive may otherwise have against the Employer, and (ii) releases the Employer from actions, suits, claims, proceedings and demands related to the period of employment and/or the
termination of employment. For purposes of this Paragraph 7B, “Change in Control” shall be as defined under the 2006 Incentive Compensation Plan, as in effect on the Effective Date, which definition is incorporated herein by
reference; provided, however, the definition of Change in Control as set forth herein is not intended to be broader than the definition of a “change in control event” as defined by reference to the regulations under Section 409A of
the Code, and the payments described in Paragraph 7B(2) shall not be payable unless the applicable Change in Control constitutes a change in control event in accordance with Section 409A of the Code and the regulations and guidance promulgated
thereunder. 
 (4) Each installment of Base Salary and Bonus paid under Paragraph 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. 

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 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.

  

 9 

 8. Restrictive Covenants. 

A. Confidentiality. 

(1) Confidential Information. The Executive understands that the Employer possesses Confidential Information which
is important to its business, the Employer devotes significant financial, human and other resources to the development of its products, its customer base and the general goodwill associated with its business and the Employer diligently maintains the
secrecy and confidentiality of its Confidential Information. For purposes of this Agreement, Confidential Information is information that was or will be developed, created, or discovered by or on behalf of the Employer, or which became or will
become known by, or was or is conveyed to the Employer, which has commercial value in the Employer’s business. “Confidential Information” means any and all financial, technical, commercial or other information concerning the
business and affairs of the Employer that is confidential and proprietary to the Employer, including without limitation, (i) information relating to the Employer’s past and existing customers and vendors and development of prospective
customers and vendors, including specific customer product requirements, pricing arrangements, payment terms, customer lists and other similar information; (ii) inventions, designs, methods, discoveries, works of authorship, creations,
improvements or ideas developed or otherwise produced, acquired or used by the Employer; (iii) the Employer’s proprietary programs, processes or software, consisting of but not limited to, computer programs in source or object code and all
related documentation and training materials, including all upgrades, updates, improvements, derivatives and modifications thereof and including programs and documentation in incomplete stages of design or research and development; (iv) the
subject matter of the Employer’s patents, design patents, copyrights, trade secrets, trademarks, service marks, trade names, trade dress, manuals, operating instructions, training materials, and other industrial property, including such
information in incomplete stages of design or research and development; and (v) other confidential and proprietary information or documents relating to the Employer’s products, business and marketing plans and techniques, sales and
distribution networks and any other information or documents which the Employer reasonably regards as being confidential. 

(2) Employer Materials. Executive understands that the Employer possesses or will possess Employer Materials which
are important to its business. For purposes of this Agreement, “Employer Materials” are documents or other media or tangible items that contain or embody Confidential Information or any other information concerning the business,
operations or future/strategic plans of the Employer, whether such documents have been prepared by the Executive or by others. 
  

 10 

 (3) Treatment of Confidential Information and Employer Property. In
consideration of the Executive’s employment by the Employer, the compensation received by the Executive from the Employer, and the Employer’s agreement to give Executive access to certain Confidential Information, the Executive agrees as
follows: 
 (a) All Confidential Information and trade secret rights, and other intellectual property and rights
(collectively “Rights”) in connection therewith will be the sole property of the Employer. At all times, both during the Executive’s employment by the Employer and after its termination for any reason, Executive will keep in
confidence and trust and will not use or disclose any Confidential Information or anything relating to it without the prior written consent of the Board, except as may be necessary and appropriate in the ordinary course of performing the
Executive’s duties to the Employer. 
 (b) All Employer Materials will be the sole property of the
Employer. The Executive agrees that during the Executive’s employment by the Employer, the Executive will not remove any Employer Materials from the business premises of the Employer or deliver any Employer Materials to any person or entity
outside the Employer, except in connection with performing the duties of his employment. The Executive further agrees that, immediately upon the termination of the Executive’s employment by the Executive or by the Employer for any reason, or
during the Executive’s employment if so requested by the Employer, the Executive will return all Employer Materials, apparatus, equipment and other physical property, or any reproduction of such property, excepting only the Executive’s
copy of this Agreement. 
 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 Executive will not directly or indirectly: 

(1) Contact, solicit, interfere with or divert any of the Employer’s customers; 

(2) Accept employment or engage in a competing business, or engage in any activity that may result in the disclosure,
divulging or otherwise use of Confidential Information acquired during Executive’s employment with the Employer; and 

(3) 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. 
 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. 
  

 11 

 C. Nondisparagement. While employed by the Employer and indefinitely thereafter, the
Executive shall refrain from (1) making any false statement about the Employer, and (2) all conduct, verbal or otherwise, that disparages or damages or could disparage or damage the reputation, goodwill, or standing in the community of the
Employer or any of its subsidiaries, affiliates, or parents or any of their officers, directors, employees and stockholders, or that could have a deleterious effect upon the Employer’s or any of its subsidiaries’, affiliates’, or
parents’ business, provided, however, that nothing contained in this Paragraph 8C or any other paragraph of this Agreement shall preclude the Executive from making any statement in good faith that is required by law or order of any court or
regulatory commission. 
 D. Forfeitures. 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. The Employer and the Executive acknowledge that the remedy set forth hereunder is not to be considered a
form of liquidated damages and the forfeiture, recapture or repayment shall not be the exclusive remedy hereunder. 
 E.
Intellectual Property. The Employer has adopted a policy on Inventions intended to encourage research and inventions by its executives, to appraise and determine relative rights and equities of all parties concerned, to facilitate patent
applications, licensing, and the generation of royalties, if any, and to provide a uniform procedure in patent matters when the Employer has a right or equity. “Inventions” includes all improvements, inventions, designs, formulas,
works of authorship, trade secrets, technology, computer programs, compositions, ideas, processes, techniques, know-how and data, whether or not patentable, made or conceived or reduced to practice or developed by the Executive, either alone or
jointly with others, during the term of the Executive’s employment, including during any period prior to the date of this Agreement. 

(1) Ownership and Assignment. Except as defined in this Agreement, all Inventions which the Executive makes,
conceives, reduces to practice or develops (in whole or in part, either alone or jointly with others) during his employment will be the sole property of the Employer to the maximum extent permitted by law. The Executive agrees to assign such
Inventions and all Rights in them to the Employer. Exemptions from this Agreement to assign may be authorized in those circumstances where the mission of the Employer is better served by such action, provided that overriding obligations to other
parties are met and such exemptions are not inconsistent with other Employer policies. Further, the Executive may petition the Employer for license to make, market or sell a particular Invention. The Employer may release patent rights to the
inventor in those circumstances when: 
 (a) the Employer provides the Executive with notification in writing
that it elects not to file a patent application and the inventor is prepared to do so at his expense, or 
  

 12 

 (b) at the Employer’s discretion, the equity of the situation
indicates that such release should be given, provided in either case that no further research or development to develop that invention will be conducted involving Employer support or facilities, and provided further that a shop right is granted to
the Employer and, at the Employer’s discretion, the Employer shall have a royalty-free, assignable license to the Invention and any intellectual property rights related to it. 

The provisions of Paragraph 8E(1) do not apply to an Invention for which no equipment, supplies, facility, or trade secret information of
the Employer was used and which was developed entirely on the Executive’s own time, unless (a) the Invention relates (1) to the business of the Employer, or (2) to the Employer’s actual or demonstrably anticipated research
or development, or (b) the Invention results from any work performed by the Executive for the Employer. 

(2) Disclosure to the Employer. The Executive promptly will disclose in writing to the Board, with a copy to the
General Counsel of the Employer, or to any persons designated by the Board, all Inventions. The Executive also will disclose to the General Counsel of the Employer all things that would be Inventions if made during the term of the Executive’s
employment, conceived, reduced to practice, or developed by the Executive within six months after the termination of his employment with the Employer, unless the Executive can demonstrate that the Invention has been conceived and first reduced to
practice by the Executive following the termination of his employment with the Employer. Such disclosures will be received by the Employer in confidence (to the extent they are not assigned in this Paragraph and do not extend the assignment made in
this Paragraph.) The Executive will not disclose Inventions to any person outside the Employer unless requested to do so by the Board or the General Counsel of the Employer. 

(3) Assistance with Rights. The Executive agrees to perform, during and after employment, all acts deemed necessary
or desirable by the Employer to permit and assist it, at the Employer’s expense, in obtaining, maintaining, defending and enforcing Rights with respect to such Inventions and improvements in any and all countries. Such acts may include, but are
not limited to, execution of documents and assistance or cooperation in legal proceedings. The Executive agrees to execute such declarations, assignments, or other documents as may be necessary in the course of Invention evaluation, patent
prosecution, or protection of patent or analogous property rights, to assure that title in such Inventions will be held by the Employer or by such other parties designated by the Employer as may be appropriate under the circumstances. The Executive
irrevocably designates and appoints the Employer and its duly authorized officers and agents, as his agents and attorneys-in-fact to act for and on the Executive’s behalf and instead of the Executive, to execute and file any documents and to do
all other lawfully permitted acts to further the above purposes with the same legal force and effect as if executed by the Executive. 
  

 13 

 (4) Moral Rights. Any assignment of copyright pursuant to this
Agreement includes all rights of paternity, integrity, disclosure and withdrawal and any other rights that may be known as or referred to as “moral rights” (collectively “Moral Rights”). To the extent such Moral Rights
cannot be assigned under applicable law and to the extent the following is allowed by the laws in the various countries where Moral Rights exist, Executive hereby waives such Moral Rights and consents to any action of the Employer that would violate
such Moral Rights in the absence of such consent. The Executive will confirm any such waivers and consents from time to time as requested by the Employer. 

F. No Conflicts. The execution and delivery of this Agreement by the Executive does not conflict with, or result in a breach of or
constitute a default under, any agreement or contract, whether oral or written, to which the Executive is a party or by which the Executive may be bound. In addition, the Executive has informed the Employer of, and provided the Employer with copies
of, any non-competition, confidentiality, work-for-hire or similar agreements to which the Executive is subject or may be bound. 

G. Disclosure. The Executive acknowledges and agrees that the scope described above is necessary and reasonable in order to
protect the Employer in the conduct of its business and that, if the Executive becomes employed by another employer, he shall be required to disclose the existence of this Paragraph 8 to such employer and the Executive hereby consents to and the
Employer is hereby given permission to disclose the existence of this Paragraph 8 to such employer. 
 H. Market
Information. The Executive acknowledges that he may become aware of “material” nonpublic information relating to the Employer’s vendors, suppliers, alliance and/or joint venture partners, customers, or competitors (each, a
“Business Partner”) whose stocks are publicly traded. The Executive acknowledges that he is prohibited by law as well as by Employer policy from trading in the shares of such Business Partners while in possession of such information
or directly or indirectly disclosing such information to any other persons so that they may trade in these shares. For purposes of this Paragraph H, “material” information may include any information, positive or negative, which might be
of significance to an investor in determining whether to purchase, sell or hold the stock of publicly traded customers. Information may be significant for this purpose even if it would not alone determine the investor’s decision. Examples
include a potential business acquisition, internal financial information that departs in any way from what the market would expect, the acquisition or loss of a major contract, or an important financing transaction. 

I. Unauthorized Material. The Employer does not wish to incorporate any unlicensed or unauthorized material into its products or
services or those of its subsidiaries. Therefore, the Executive agrees that he will not knowingly disclose to the Employer, use in the Employer’s business, or cause the Employer to use, any information or material which is confidential or
proprietary to any third party including, but not limited to, any former employer, competitor or client, unless the Employer has a right to receive and use such information. The Executive will not incorporate into his work any material which is
subject to the copyrights of any third party unless the Employer has a written agreement with such third party or otherwise has the right to receive and use such information. 

 

 14 

 J. Injunctive Relief. It is agreed that any breach or anticipated or threatened
breach of any of the Executive’s covenants contained in this Paragraph 8 will result in irreparable harm and continuing damages to the Employer and its business and that the Employer’s remedy at law for any such breach or anticipated or
threatened breach will be inadequate and, accordingly, in addition to any and all other remedies that may be available to the Employer at law or in equity in such event, any court of competent jurisdiction may issue a decree of specific performance
or issue a temporary and permanent injunction, without the necessity of the Employer posting bond or furnishing other security and without proving special damages or irreparable injury, enjoining and restricting the breach, or threatened breach, of
any such covenant, including, but not limited to, any injunction restraining the Executive from disclosing, in whole or part, any Confidential Information. The Executive further agrees to pay all of the Employer’s costs and expenses, including
reasonable attorneys’ and accountants’ fees, incurred in successfully enforcing such covenants. 
 9. Notices.
Any and all notices required in connection with this Agreement shall be deemed adequately given only if in writing and (a) personally delivered, or sent by first class, registered or certified mail, postage prepaid, return receipt requested, or
by recognized overnight courier, (b) sent by facsimile, provided a hard copy is mailed on that date to the party for whom such notices are intended, or (c) sent by other means at least as fast and reliable as first class mail. A written
notice shall be deemed to have been given to the recipient party on the earlier of (a) the date it shall be delivered to the address required by this Agreement; (b) the date delivery shall have been refused at the address required by this
Agreement; (c) with respect to notices sent by mail or overnight courier, the date as of which the Postal Service or overnight courier, as the case may be, shall have indicated such notice to be undeliverable at the address required by this
Agreement; or (d) with respect to a facsimile, the date on which the facsimile is sent and receipt of which is confirmed. Any and all notices referred to in this Agreement, or which either party desires to give to the other, shall be addressed
to his residence in the case of the Executive, or, if to the Employer, to: 
 General Counsel 

Zebra Technologies Corporation 

475 Half Day Road, Suite 500 

Lincolnshire, IL 60069 
 Either
party may from time to time designate a new address by notice given in accordance with this Paragraph 9. 
 10. Waiver of
Breach. A waiver by either party of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver or estoppel of any subsequent breach by such other party. No waiver shall be valid unless in writing
and signed by an authorized officer of the Employer or by the Executive, as the case may be. 
 11. Assignment. The
Executive acknowledges that the services to be rendered by him are unique and personal. Accordingly, the Executive may not assign any of his duties or obligations under this Agreement. This Agreement shall be binding upon and inure to the benefit of
the Executive, his estate and beneficiaries. The rights and obligations of the Employer under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the Employer. 

 

 15 

 12. Entire Agreement. This Agreement and the equity award agreements referred to
herein sets forth the entire and final agreement and understanding of the parties and contains all of the agreements made between the parties with respect to the subject matter hereof. This Agreement supersedes the Employment Agreement dated as of
September 4, 2007 and the amendments thereto dated November 16, 2007, December 30, 2008 and March 7, 2009 and any and all other agreements, either oral or in writing, between the parties hereto, with respect to the subject
matter hereof. No change or modification of this Agreement shall be valid unless in writing and signed by the Employer and the Executive. 

13. Severability. If any provision of this Agreement shall be found invalid or unenforceable for any reason, in whole or in part,
then such provision shall be deemed modified, restricted, or reformulated to the extent and in the manner necessary to render the same valid and enforceable, or shall be deemed excised from this Agreement, as the case may require, and this Agreement
shall be construed and enforced to the maximum extent permitted by law, as if such provision had been originally incorporated herein as so modified, restricted, or reformulated or as if such provision had not been originally incorporated herein, as
the case may be. The parties further agree to seek a lawful substitute for any provision found to be unlawful; provided, that, if the parties are unable to agree upon a lawful substitute, the parties desire and request that a court or other
authority called upon to decide the enforceability of this Agreement modify those restrictions in this Agreement that, once modified, will result in an agreement that is enforceable to the maximum extent permitted by the law in existence at the time
of the requested enforcement. 
 14. Headings. The headings in this Agreement are inserted for convenience only and are
not to be considered a construction of the provisions hereof. 
 15. Execution of Agreement. This Agreement may be
executed in several counterparts, each of which shall be considered an original, but which when taken together, shall constitute one agreement. 

16. Recitals. The recitals to this Agreement are incorporated herein as an integral part hereof and shall be considered as
substantive and not precatory language. 
 17. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of Illinois, without reference to its conflict of law provisions. Furthermore, the Executive agrees and consents to submit to personal jurisdiction in the state of Illinois in any state or federal court of
competent subject matter jurisdiction situated in Lake or Cook County, Illinois. The Executive further agrees that the sole and exclusive venue for any suit arising out of, or seeking to enforce, the terms of this Agreement shall be in a state or
federal court of competent subject matter jurisdiction situated in Lake or Cook County, Illinois. In addition, the Executive waives any right to challenge in another court any judgment entered by such Lake or Cook County court or to assert that any
action instituted by the Employer in any such court is in the improper venue or should be transferred to a more convenient forum. Further, the Executive waives any right he may otherwise have to a trial by jury in any action to enforce the
terms of this Agreement. 
  

 16 

 18. Indemnification. The Employer shall obtain and maintain for the Executive
directors’ and officers’ liability insurance coverage and shall indemnify the Executive to the extent permitted under the Employer’s By-Laws and/or Certificate of Incorporation. 

19. No Mitigation. The Executive shall have no obligation or duty to seek subsequent employment or engagement as an employee
(including self-employment) or as a consultant or otherwise mitigate the Employer’s obligation under this Agreement. Payments and benefits due under Paragraph 7 of this Agreement shall not be reduced by any compensation earned by the Executive
as an employee or consultant from any employment or consulting arrangement after the Executive’s termination of employment. 

IN WITNESS WHEREOF, the parties have set their signatures on the date set forth below. 

 

									
	ZEBRA TECHNOLOGIES CORPORATION:	 		 	EXECUTIVE:
					
	By:	 	/s/ Joanne Townsend	 	 	 	By:	 	/s/ Anders Gustafsson
		 	Joanne Townsend	 		 		 	Anders Gustafsson
			
	Date signed: May 6, 2010	 		 	Date signed: May 6, 2010

  

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 EXHIBIT A 

House-hunting Trip 
 The Employer
will pay for two round trip airfare and lodging costs and related expenses for your spouse to Chicago, IL, in accordance with the usual parameters of the Employer’s travel policies. 

Temporary Housing 
 The Employer
will pay for up to three months temporary living accommodation in a full service corporate apartment. 
 Temporary Transportation
Allowance 
 The Employer will pay for the cost of one rental car, and associated necessary rental costs, excluding the cost of gasoline,
for a maximum period of three months. 
 Moving of Household Goods and Personal Effects 

The Employer will cover the costs associated with the shipment of your personal effects from London and Santa Clara to the Chicago area, including one car
from California, as well as airfreight for a reasonable amount of personal effects. These shipments will be handled by the Sterling Relocation/MI Group. 

Temporary Storage 
 The Employer
will pay for the storage and insurance of two forty-foot containers for your household goods and personal effects to a maximum of 6-9 months. 

Home Purchase Assistance 
 The
Employer shall pay for the costs associated with the purchase of a home in the Chicago area, supported by receipts in respect of the following items: 
  

	 ̈	Closing costs (excluding pre-paid points), upon the submission of receipts 

 

	 ̈	Loan origination fees 

  

	 ̈	Credit report 

  

	 ̈	Appraisal fees, Escrow fees, and Recording fees 

  

	 ̈	Title insurance 

  

	 ̈	Property inspection 

  

	 ̈	Pest inspection (if required) 

  

	 ̈	Property tax service fees 

  

 18 

 Taxation 

In the event that any of the above items are taxable, the Employer agrees to reimburse the tax that you have to pay on such items. In addition to the
extent that this reimbursement is subject to tax the Employer will increase the amount of payment by such additional amount (the “Gross Up”) as is necessary to ensure that the net amount reimbursed to you (after taking account of the tax)
is equal to the amount that you would have been reimbursed if the payment had not been subject to tax. 
  

 19

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