You will be eligible to receive annual equity awards granted by L3Harris under its 2015 Equity Incentive Plan (Amended and Restated Effective as of August 28, 2020) (the “Plan”), with a target value in your first year of $2,550,000. The awards are typically granted in late February following the Board of Directors approval of annual equity awards to L3Harris executives. Once approved and accepted by you, the awards are subject to the applicable terms and conditions in effect at the time of the grant. Annual equity grants are performance-based and the award amount may vary from year-to-year.

You will be eligibleEligibility to receiveaccept annual equity awards granted by L3HarrisHarris Corporation under its 2015the Harris Corporation 2005 Equity Incentive Plan (Amended and Restated Effective as of August 28, 2020)or its successor (the “Plan”“Plan”), with a target value in your first year of $2,550,$180,000. TheThese awards are typically delivered in the form of stock options and performance share units and are granted in late FebruaryAugust following Management Development and Compensation Committee of the Board of Directors approval of annual equity awards to L3Harrisother Harris executives. You will be eligible for these grants commencing with the [[Unknown Identifier]] grant cycle in August 2015. Once approved and accepted by you,approved, the awards are subject to the applicable terms and conditions in effect at the time of the grant. Annual equity grants are performance-performance based and the award amount awarded may vary from year-to-year. vary.