FORM OF PERFORMANCE RESTRICTED STOCK UNITS AGREEMENTPerformance Restricted Stock Units Agreement • February 16th, 2023 • MSGE Spinco, Inc. • Services-miscellaneous amusement & recreation
Contract Type FiledFebruary 16th, 2023 Company IndustryPursuant to the 2023 Employee Stock Plan (the “Plan”), you have been selected by the Compensation Committee of the Board of Directors (as more fully described in Section 12, the “Committee”) of Madison Square Garden Entertainment Corp. (formerly known as MSGE Spinco, Inc.) (the “Company”), effective as of [Date] (the “Grant Date”) to receive a performance restricted stock unit award (the “Award”). The Award is granted subject to the terms and conditions set forth below and in the Plan.
FORM OF PERFORMANCE RESTRICTED STOCK UNITS AGREEMENTPerformance Restricted Stock Units Agreement • February 16th, 2023 • MSGE Spinco, Inc. • Services-miscellaneous amusement & recreation
Contract Type FiledFebruary 16th, 2023 Company IndustryPursuant to MSG Sphere Corp.’s 2020 Employee Stock Plan or MSG Networks Inc.’s 2010 Employee Stock Plan, as amended, as applicable, on [Date] (the “Grant Date”), you were granted performance restricted stock units, each of which represents an unfunded, unsecured promise by MSG Sphere Corp. (formerly known as Madison Square Garden Entertainment Corp.) (“MSG Sphere”) to deliver to you one share of MSG Sphere Class A Common Stock. In conjunction with the spin-off of Madison Square Garden Entertainment Corp. (formerly known as MSGE Spinco, Inc.) (the “Company”) from MSG Sphere on [Date] (the “Distribution Date”), and pursuant to the Company’s 2023 Employee Stock Plan (the “Plan”), you are receiving the award described in this Performance Restricted Stock Units Agreement (the “Agreement”) of performance restricted stock units (the “Units”), each of which represents an unfunded, unsecured promise by the Company to deliver to you one share of the Company’s Class A Common Stock, par value $.01