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NEW YORK — In a story and headline May 28 about Motorola Inc., The Associated Press reported erroneously that the company has increased the severance package that co-CEO Greg Brown can walk away with if he does not become the sole chief executive next year. In an amended employment agreement, Motorola increased the value of stock options Brown will receive on the separation of the company into two parts. In the separation, Brown will be left running Motorola's Enterprise Mobility and Networks units.
The amended agreement also pushed back the date in which Brown can walk away if he does not become sole chief executive of the company.
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