Exhibit 10.4
Nonqualified
Deferred Compensation Plan
Adoption Agreement
(including Code §409A Provisions)
The undersigned Zebra Technologies Corporation (“Employer”) by execution of this Adoption Agreement hereby
establishes this Nonqualified Deferred Compensation Plan (“Plan”) consisting of the Basic Plan Document, this Adoption
Agreement and all other Exhibits and documents to which they refer. The Employer makes the following elections concerning
this Plan. All capitalized terms used in the Adoption Agreement have the same meaning given in the Basic Plan Document.
References to “Section” followed by a number in this Adoption Agreement are references to the Basic Plan Document.
Preamble
ERISA/Code Plan Type : The Employer establishes this Plan as ( choose one of (a) or (b) ):
Note: If the Employer elects (a)(i), the Plan benefits only Employees. If the Employer elects (a)(ii), the Plan generally may
not benefit Contractors based on the “primarily” requirement. If the Employer elects (a)(iii), the Plan benefits only
Contractors. If the Employer elects (a)(iv), (b)(i), or (b)(iii) the Plan may benefit Employees and Contractors. If the
Employer elects (b)(ii), the plan is either a top-hat plan, an excess benefit plan or benefits only Contractors.
409A Plan Type: The Employer establishes this Plan ( choose one of (a) or (b) ):
[X] (a) Account Balance Plan. As the following type(s) of Account Balance Plan(s) under Section 1.02 ( choose one of (i),
(ii) or (iii) ):
Nonqualified Deferred Compensation Plan
Adoption Agreement
[ ] (i) Elective Deferral Account Balance Plan . See Section 2.02.
[ ] (ii) Employer Contribution Account Balance Plan . See Sections 2.03 and 2.04.
[X] (iii) Both. Both an Elective Deferral Account Balance Plan and an Employer Contribution Account Balance Plan.
Note: For purposes of aggregation under Section 1.05, a Separation Pay Plan based only on Voluntary Separation from
Service is treated as an Account B