0001558370-19-010637 Sample Contracts

GRANT AGREEMENT (Non-Qualified Share Options/Tandem SARs)
Grant Agreement • November 12th, 2019 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • Ontario

THIS AGREEMENT (this “Agreement”), effective as of the 18th day of March 2019 by and among Telesat Canada. (the “Company”), Michael Schwartz (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 Participant, Loral and PSP, the “Parties”).

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