GRANT AGREEMENT (Non-Qualified Share Options/Tandem SARs)Grant Agreement • March 15th, 2018 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • Ontario
Contract Type FiledMarch 15th, 2018 Company Industry JurisdictionTHIS AGREEMENT, made as of this the 25th day of August 2017 among Telesat Canada, formed as a result of an amalgamation of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada on January 1, 2017 (the “Company”), Michel G. Cayouette (the “Participant”), and for the purposes of Sections 11, 12, 13, 15, 16 and 18 only, Loral Space & Communications Inc. (“Loral”), and for the purposes of Sections 11, 12, and 13 only, the Public Sector Pension Investment Board (“PSP”), and only for the purposes of Sections 16, 17(b) and 21, 4440480 Canada Inc. (the “Special Purchaser”, collectively with the Company, the Employer, the Participant, Loral and PSP, the “Parties”).