ContractContinuation Plan Agreement Agreement • May 5th, 2020
<DOCUMENT> <TYPE>EX-10.7B <SEQUENCE>4 <FILENAME>e13715ex10_7b.txt <DESCRIPTION>PETER MEAD EXECUTIVE SALARY <TEXT> EXHIBIT 10.7b OMNICOM GROUP INC. EXECUTIVE SALARY CONTINUATION PLAN AGREEMENT Agreement made the 10th day of May, 2000 by and between Omnicom Group Inc., a New York corporation, its place of business at 437 Madison Avenue, New York, New York 10022, and Peter Mead ("Participant"), an employee of a subsidiary of Omnicom Group Inc. I. Purpose of the Plan. The purpose of the 1988 Executive Salary Continuation Plan (the "Plan") is to further the growth of Omnicom Group Inc. by offering a benefit to encourage experienced executives to enter the employ of Omnicom Group Inc. or one of its Subsidiary companies, and to encourage key executives to remain in the employ of Omnicom or a Subsidiary company. II. Definitions. The following terms shall have the meaning set forth below: 1. "Company" means Omnicom Group Inc. 2. "Subsidiary" means any company in which the Company holds, directl
