TELESAT CANADA RESTRICTED SHARE UNIT GRANT AGREEMENTRestricted Share Unit Grant Agreement • April 26th, 2021 • Loral Space & Communications Inc. • Radio & tv broadcasting & communications equipment
This agreement (the “Grant Agreement”), by and among Telesat Canada (the “Corporation”), Michael Schwartz (the “Participant”), and for the purposes of Sections 2, 3, 4, 6, 7 and 9 only, Loral Space & Communications Inc. (“Loral”), and for the purposes of Sections 2 and 3 only, the Public Sector Pension Investment Board (“PSP”), and only for the purposes of Sections 6(b) and 9, 4440480 Canada Inc. (the “Special Purchaser”), evidences the RSUs granted by the Corporation to the Participant pursuant to and subject to the terms of Telesat Canada’s Restricted Share Unit Plan (the “Plan”), which is incorporated herein by reference. Capitalized terms used in this Grant Agreement that are not defined in this Grant Agreement shall have the meanings attributed thereto in the Plan. If there is any express conflict between the terms and conditions of the Plan and this Grant Agreement, the terms and conditions of this Grant Agreement shall govern.
