Motorola DROID 3 hard reset
1. First charge your phone 100%.
2. With the phone turned off, press X on the QWERTY keyboard and POWER ON together.
3. Select Factory reset wipe data in the recovery menu.
4. After factory reset select reboot system now.
To reset your Motorola phone to factory settings and erase all the data on your phone, touch Menu > Settings> Privacy > Factory data reset > Reset phone.