GRANT AGREEMENT (Non-Qualified Share Options/Tandem SARs)Grant Agreement • December 18th, 2020 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment • Ontario
Contract Type FiledDecember 18th, 2020 Company Industry JurisdictionTHIS AGREEMENT (this “Agreement”), effective the 10th day of December, 2019 by and among Telesat Canada. (the “Company”), Andrew M. Browne (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”).