Exhibit 10.25
Policyholder Name: Motorola, Inc.
Policy Number: T5MP-BT-34128 PLAN OF INSURANCE
Term of Coverage: January 1, 2002 to January 1, 2005
Aggregate Limit: 53,000,000.00 for any one air accident
Eligibility:
Class 1: Non-Employee Directors
Class 2: Spouses of Class 1 Insureds
Effective Date of Individual Insurance: Each eligible person becomes an Insured on the later of:
(a) January 1, 1999; or
(b) the date the person becomes eligible to be included within a class of persons eligible for coverage under this policy.
Individual Terminations: Insurance for any Insured shall end on the first of the following dates:
(a) the date the Insured ceases to be eligible;
(b) the date any premium is due and unpaid, subject to the grace period; or
(c) the date this policy is terminated.
Change in Coverage: Each Insured is covered under the Insuring and Benefit Provisions applicable to the class in which he or she qualifies: (a) beginning on the date the person becomes eligible to be included in the class; and
(b) ending on the date the person ceases to be eligible to be included in the class.
Benefits:
A. Class Insuring Provision(s) Applicable Benefit Provision(s) Applicable
Class 1 5886M Business & Pleasure 9023M AD & SL, Paralysis 9051M Permanent Total Disability
Class 2 5883M 24-Hour Business Travel 9023M AD & SL, Paralysis 9051M Permanent Total Disability
B. The amount of benefits for each Benefit Provision shown above is as follows:
Class 1 and 2
Accidental Death & Specific Loss
Principal Sum
Loss Period
Rider 9023M
$500,000.00 Loss within 365 Days of Injury Class 1 & 2 Rider 9023M
Paralysis Benefits
Hemiplegia Paraplegia
Quadriplegia Loss Period
50% of Principal Sum
75% of Principal Sum 100% of Principal Sum
Within 60 days after the date of the accident and continuing for one year
Class 1 & 2 Permanent Total Disability Benefit Rider 9051M Benefit Amount 100% of Principal Sum Loss Period Within 180 days from date of accidents Benefit Period One Month (Lump Sum)
Accidental Death and Specific Loss / Paralysis Benefits for any Insured age 70 and over shall be payable in accordance with the following schedule:
Age 70 through 74 65% of the original Principal Sum benefit amount Age 75 through 79 45% of the original Principal Sum benefit amount Age 80 through 84 30% of the original Principal Sum benefit amount Age 85 and over 15% of the original Principal Sum benefit amount
Any reductions in Principal Sum amounts shall be effective at the end of the calendar year in which the Insured attains the stated age.
The following riders are attached to and made a part of this policy:
Aggregate Limit Rider: 871MS-EZ Exposure & Disappearance Rider: 6502M Beneficiary Designation Amendment Rider 9008M Business Travel War Risk Coverage Rider ...
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