Option Award Terms and Conditions Sample Contracts

CEO OPTION AWARD TERMS AND CONDITIONS
Option 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”).

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