0000876883-23-000010 Sample Contracts

STAGWELL, INC. STOCK APPRECIATION RIGHTS AGREEMENT
Stock Appreciation Rights Agreement • March 6th, 2023 • Stagwell Inc • Services-advertising agencies • New York

STOCK APPRECIATION RIGHTS AGREEMENT (the “Agreement”) by and between Stagwell Inc. (the “Company”) and Mark Penn (the “Participant”), dated as of March 1, 2023 (the “Date of Grant”).

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