Well, most Google-Manufacturer-Carrier relationships are 3 part relationships. This one is almost all inclusive since Google was handling Motorola at one time and Verizon was selling exclusive Motorola devices at one time. (still do)
There is a small update http://www.droid-life.com/2015/05/29/verizons-moto-x-1st-gen-has-a-soak-test-incoming-lollipop/ available now. While not Lollipop, it might be an update that paves the way for the full update later when it is finally released.
I'm most definitely NOT a VZW employee. If a post answered your question, please mark it as the answer.