MPRI Long Term Deferred Incentive Plan
(Restated Effective January 1, 2009)
1. Introduction .
The MPRI division of L-3 Services, Inc. offers the MPRI Long Term Deferred Incentive Plan for the
individuals listed on Appendix A. This plan document reflects the terms of the Plan and is effective January 1,
The Plan is frozen. The last and final Annual Award Credit was made on January 1, 2007.
2. Definitions .
(a) “Account” means an account established solely for recordkeeping purposes on behalf of each Participant
to reflect the Annual Bonus Award.
(b) “Annual Award Credit” means the annual amount, if any, credited to the Account maintained for each
Participant based on the formula set forth in Section 3.
(c) “Board” means the Board of Directors of L-3 Services, Inc.
(d) “Code” means the Internal Revenue Code of 1986, as amended.
(e) “Committee” means the committee described in Section 7, which administers this Plan.
(f) “Company” means the MPRI division of L-3 Services, Inc., and its predecessors.
(g) “EBIT” means the earnings before interest and taxes for the Company for each twelve-month period
beginning on July 1 and ending on June 30 or such other period specified in the applicable Employment
(h) “Employment Agreement” means, with respect to each Participant, the employment agreement(s) entered
into between each Participant and the Company on the date(s) indicated on Appendix A.
(i) “ERISA” means the Employee Retirement Income Security Act of 1974, as amended.
(j) “Participant” means the individuals listed on Appendix A.
(k) “Plan” means this MPRI Long Term Deferred Incentive Plan as restated effective January 1, 2009.
3. Annual Award Credit.
(a) Amount of Annual Award Credit . No Annual Award Credits have been, or will be, made after
January 1, 2007. The amount of a Participant’s Annual Award Credit made prior to that date was determined
under the terms of