Company: CIO
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052437
Chunk: 59

Company: City Office REIT, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 59
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 — |     | $              | — |     | $             | — |     | $             | — |
| Gregory Tylee   |     | $                  | — |     | $            | — |     | $              | — |     | $              | — |     | $             | — |     | $             | — |
| Anthony Maretic |     | $                  | — |     | $            | — |     | $              | — |     | $              | — |     | $             | — |     | $             | — |

41

Death or Disability Pursuant to each NEO’s employment agreement with us, if the NEO dies before the NEO’s employment is terminated by the Company, the NEO’s survivors or estate, as applicable, shall be entitled to receive, and the Company shall pay or provide the NEO’s survivors or estate, as applicable, subject to the execution by the survivors or estate, as applicable, of a release and waiver of claims, or if the NEO resigns or is unable to perform his employment obligations as a result of a disability which cannot be reasonably accommodated or otherwise voluntarily terminates his employment (other than for good reason), any annual base salary, annual cash bonus or other benefit accrued through, but unpaid as of, the date of termination, and all outstanding awards granted to the NEO under the EIP shall become fully vested. If the NEO becomes unable to perform his employment obligations as a result of a disability which cannot be reasonably accommodated in accordance with obligations under the British Columbia Human Rights Code, the NEO shall be entitled to receive, and the Company shall pay any annual base salary, annual cash bonus or other benefit accrued through, but unpaid as of, the date of the disability, and all outstanding awards granted to the NEO under the EIP shall become fully vested, subject to the execution by the NEO or the administrator of the NEO’s estate of a release and waiver of claims in a form reasonably prescribed by the Company, outstanding options, restricted stock units and other awards granted under the EIP shall continue to vest as though the NEO remained actively employed with the Company throughout such disability, provided, however, that if the NEO becomes employed as an officer with another employer engaged in the business, then (A) all continued vesting shall cease as of the date the NEO becomes employed with such employer (such date being determined in the sole discretion of the Company without any duty of inquiry imposed upon the Company), and (B) to the extent the NEO received a