AMENDED AND RESTATED PERFORMANCE-BASED COMPENSATION AGREEMENTPerformance-Based Compensation Agreement • March 2nd, 2011 • Oppenheimer Holdings Inc • Security brokers, dealers & flotation companies • New York
THIS AMENDED AND RESTATED AGREEMENT (the “Agreement”) between OPPENHEIMER HOLDINGS INC. (“Holdings”) and ALBERT G. LOWENTHAL (“Lowenthal”) is effective as of January 1, 2010, subject to, and conditioned upon, approval by Holdings’ Class B Stockholders at the 2010 annual meeting. This Agreement is an amendment and restatement of the Performance-Based Compensation Agreement, dated March 15, 2005, between Lowenthal and the Company (the “Prior Agreement”) which was due to expire on December 31, 2010.
