SIRIUS XM HOLDINGS INC. 2015 LONG-TERM STOCK INCENTIVE PLAN STOCK OPTION AGREEMENTStock Option Agreement • February 2nd, 2016 • Sirius Xm Holdings Inc. • Radio broadcasting stations • New York
This STOCK OPTION AGREEMENT (this “Agreement”), dated as of __________, 2015 (the “Date of Grant”), is between SIRIUS XM HOLDINGS INC., a Delaware corporation (the “Company”), and ___________ (the “Employee”).
December 11, 2015 Joseph A. Verbrugge Dear Joe:Employment Agreement • February 2nd, 2016 • Sirius Xm Holdings Inc. • Radio broadcasting stations • New York
This letter will confirm your continued employment with Sirius XM Radio Inc. (the “Company” or “Sirius XM”) on a full-time basis as Executive Vice President, Sales and Development. The Company anticipates that your services will be performed primarily at the Company’s office in Michigan. This letter also will serve as notice that the previous Employment Agreement, dated as of September 19, 2012, between the Company and you (the “Prior Agreement”) is terminated; provided that the terms of the Prior Agreement which survive termination shall continue in full force and effect.
THIS OPTION HAS NOT BEEN REGISTERED UNDER STATE OR FEDERAL SECURITIES LAWS. THIS OPTION MAY NOT BE TRANSFERRED EXCEPT BY WILL OR UNDER THE LAWS OF DESCENT AND DISTRIBUTION. SIRIUS XM HOLDINGS INC. 2015 LONG-TERM STOCK INCENTIVE PLAN STOCK OPTION AGREEMENTStock Option Agreement • February 2nd, 2016 • Sirius Xm Holdings Inc. • Radio broadcasting stations • New York
THIS STOCK OPTION AGREEMENT (this “Agreement”), dated as of ______, 2015 (the “Grant Date”), is between SIRIUS XM HOLDINGS INC., a Delaware corporation (the “Company”), and __________________ (the “Director”).
