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Motorola Inc., the world’s No. 2 mobile phone maker, on Monday said it has agreed to settle a lawsuit against former president Mike Zafirovski for $11.5 million cash and other requirements. Motorola last month sued Zafirovski, claiming his new job as CEO of Nortel Networks Corp. could risk disclosure of Motorola’s trade secrets. The telecommunications-equipment maker, which is based in Brampton, Ontario, was not named as a defendant in the lawsuit. Motorola said the settlement “reaffirms Zafirovski’s obligations to protect Motorola’s trade secrets and confidential information.” It also includes an $11.5 million cash payment to Schaumburg, Ill.-based Motorola and restricts Nortel and Zafirovski from recruiting Motorola employees. Nortel said in a statement Monday that the settlement includes no admission of any breaches of agreements or other improper conduct by Zafirovski or either company. “I am pleased that my full focus can now be applied to accelerating Nortel’s business momentum,” Zafirovski said in a statement. Nortel said Zafirovski would pay Motorola the $11.5 million, which was part of his separation payment from the company, but Nortel would reimburse him fully. Zafirovski, who left Motorola in January after being passed over for the top job there, is to assume his Nortel post on Nov. 15. Copyright 2005 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

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