WARNER MUSIC GROUP CORP. New York, NY 10019Warner Music Group Corp. • November 22nd, 2022 • Services-amusement & recreation services
This letter, when signed by you and countersigned by Company (as defined below), shall, subject to a criminal background investigation in accordance with Company’s policy, constitute our agreement (the “Agreement”) with respect to your employment with Company. You acknowledge that being fully vaccinated against COVID-19 and providing proof of such vaccination status to Company are conditions of your employment under this Agreement, subject to Company’s legal obligation to provide reasonable accommodations in certain limited circumstances.
WARNER MUSIC GROUP CORP. FORM OF CEO PERFORMANCE SHARE AWARD AGREEMENTPerformance Share Award Agreement • November 22nd, 2022 • Warner Music Group Corp. • Services-amusement & recreation services • New York
By Notice of the Award of Performance Shares attached to this document (the “Notice”), effective as of the date specified in the Notice (the “Grant Date”), Warner Music Group Corp. (the “Company”), pursuant to the Warner Music Group Corp. 2020 Omnibus Incentive Plan, as amended from time to time (the “Plan”), has granted to the Company’s Chief Executive Officer whose name is shown on the Notice (the “Participant”) a number of Performance Shares (as defined in the Plan) equal to the Target multiplied by the Earned Percentage certified for the Performance Cycle, subject to the vesting provisions specified herein and in the Notice (this “PSU Award”). The applicable Target and Performance Cycle are set forth in the Notice. The Earned Percentage shall be determined after the Performance Cycle based on the Performance Goals specified in the Notice. This PSU Award is subject to adjustment as provided in the Plan, and the following terms and conditions (this “Award Agreement”):
CEO OPTION AWARD TERMS AND CONDITIONSOption Award Terms and Conditions • November 22nd, 2022 • Warner Music Group Corp. • Services-amusement & recreation services • New York
This document contains the Terms and Conditions of the Options awarded by the Company to the Participant indicated in the Notice of Option Award to which this document is attached (the “Notice”), and constitutes a binding agreement by and between Warner Music Group Corp. (the “Company”), and the employee whose name is set forth on the Notice. Capitalized terms used but not defined herein shall have the respective meanings given to them in the Warner Music Group Corp. 2020 Omnibus Incentive Plan, as amended from time to time (the “Plan”).
