AMENDMENT NO. 5 TO AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF STAGWELL MEDIA LP May 10, 2023Amendment No. 5 to Amended and Restated Agreement of Limited Partnership • May 19th, 2023 • Stagwell Agency Holdings LLC • Services-advertising agencies
THIS AMENDMENT NO. 5 (this “Amendment”) TO THE AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP (as amended, the “Agreement”) of Stagwell Media LP (the “Partnership”), dated as of August 13, 2018 (the “Closing Date”) among The Stagwell Group LLC (in its capacity as general partner of the Partnership, the “General Partner”), Mark J. Penn (the “Initial Limited Partner”) and the limited partners listed in Schedule 1 attached hereto (in their capacities as limited partners of the Partnership, the “Limited Partners”) (the General Partner and the Limited Partners being herein collectively called the “Partners”). Capitalized terms not otherwise defined shall have the meanings ascribed to such terms in the Agreement. Pursuant to Section 12.1(a) of the Agreement, the Agreement is hereby amended as follows:
CLASS B SHARE DISTRIBUTION AGREEMENTClass B Share Distribution Agreement • May 19th, 2023 • Stagwell Agency Holdings LLC • Services-advertising agencies • Delaware
THIS CLASS B SHARE DISTRIBUTION AGREEMENT (this “Agreement”) is made and entered into as of May 8, 2023, by and among Stagwell Media LP, a Delaware limited partnership (the “Partnership”) and the Limited Partners listed on Schedule 1 (the “Class B Partners”). Capitalized terms used and not elsewhere defined herein have the meanings set forth in the Partnership Agreement (as defined below).
