Document:

Form of Restricted Stock Unit Award Agreement

 Exhibit 10.19 
 BROADCASTING MEDIA PARTNERS, INC. 
 2007
EQUITY INCENTIVE PLAN 
 RESTRICTED STOCK UNIT
AWARD AGREEMENT 
 REFERENCE NUMBER: 2007-SE 
 SECTION 1. GRANT OF RESTRICTED STOCK UNIT AWARD. 
 (a) Award.
On the terms and conditions set forth in this Agreement and each Notice of Restricted Stock Unit Award referencing this Agreement (the “Notice”), Broadcasting Media Partners, Inc. (the “Company”) hereby grants the Participant the
Restricted Stock Units (and, where indicated in the Notice, Broadcast Media Partners Holdings, Inc. (“Holdings”), grants the Restricted Preferred Stock Units) under the terms set forth in the Notice (collectively the “Units”)
pursuant to and in accordance with the terms of the Broadcasting Media Partners, Inc. 2007 Equity Incentive Plan (“Plan”). Each Notice, together with this referenced Agreement, shall be a separate award governed by the terms of this
Agreement and the Plan (except to the extent otherwise set forth in the Notice). 
 (b) Adjustment of Award. The number of Units subject to this Award
is subject to adjustment following the occurrence of certain events affecting the Company, as provided in Section 10 of the Plan. 
 (c) Equity
Incentive Plan and Defined Terms. The Units are granted under and subject to the terms of the Plan. Capitalized terms are defined in Section 8 of this Agreement and in the Plan. 
 SECTION 2. SECURITIES LAW ISSUES. 
 (a) Securities Not Registered. Neither the Units nor the underlying Shares
have been registered under the Securities Act. To the extent any securities are deemed issued in respect of the Units, they are being issued to the Participant in reliance upon either (i) a registration of such securities under applicable
securities laws or (ii) an exemption from registration under applicable securities laws. 
 (b) Participant Representations. The Participant
hereby confirms that he or she has been informed that any securities issued pursuant to this Award are “restricted securities” under the Securities Act which may not be resold or transferred unless they are first registered under the
Securities Act or unless an exemption from such registration is available. Accordingly, the Participant hereby represents and acknowledges as follows: 
  

	 	(i)	The Units and any Shares issued in settlement thereof are being acquired for investment, and not with a view to sale or distribution thereof; 

  

	 	(ii)	The Participant is prepared to hold the Units and any Shares issued in settlement thereof for an indefinite period and is aware that Rule 144 promulgated under the Securities Act
(which exempts certain resales of securities) is not presently available to exempt the resale of the Units and any Shares issued in settlement thereof from the registration requirements of the Securities Act. 

  

	 	(iii)	The Participant is an “accredited investor” within the meaning of Rule 501(e) of Regulation D of the Securities Act by virtue of the Participant’s position with the
Company, income, assets or otherwise. 

 (c) Registration. Except as set forth in this Section 2(c), the Company may, but shall not
be obligated to, register or qualify the award of the Units or Shares issued in settlement thereof to the Participant under the Securities Act or any other applicable law, except, solely with respect to Participants who are signatories to or have
executed a joinder with respect to the Registration Rights Agreement (with respect to the Shares issued in settlement of this Award), as required under the Registration Rights Agreement. The Company shall register the Shares issued in settlement of
this Award on a Form S-8, in ordinary course, upon becoming eligible to do so. 
 (d) Additional Restrictions. The Units and any Shares issued in
settlement thereof are subject to such additional restrictions as are set forth in the Stockholders Agreement and any employment or consulting agreement between the Participant and the Company or any Subsidiary or Affiliate, as well as such other
restrictions that in the judgment of the Company are legally required to achieve compliance with the Securities Act or the securities laws of any state or any other law. 
 (e) Participant Undertaking. The Participant agrees to take whatever additional actions and execute whatever additional documents that in the judgment of the Company are required to carry out or effect one or
more of the obligations or restrictions imposed on the Participant, Units or Shares pursuant to the provisions of this Agreement or to comply with applicable laws. 
 SECTION 3. TRANSFER 
 (a) General Rule. The Units may not be transferred to any person other than to the Company or to a Permitted
Transferee. 
 (b) Transferee Obligations. If the Units are transferred to a Permitted Transferee, such Permitted Transferee must, as a condition
precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement to the same extent as if such Units were retained by the Participant. 
 SECTION 4. SETTLEMENT OF UNITS. 
 (a) Time of Settlement.
Subject to the terms of the Plan, the Notice and this Agreement, the Units shall be settled at such time and in such form as is set forth in the Notice. Prior to settlement of the Units by the delivery of Shares, the Participant (if not already a
party to the Stockholders Agreement with respect to such Shares) must enter a joinder to the Stockholders Agreement, unless the Company elects to settle the Units in cash, in which case such joinder shall not be required. 
 (b) Shareholder Rights. The Participant (or any successor in interest) shall not have any of the rights of a shareholder (including, without limitation, voting,
dividend and liquidation rights) with respect to the Units. 
 (c) Withholding Requirements. Settlement amounts will be less applicable required
income and employment tax withholdings unless the Participant makes alternative provision for tax withholding with the Company. 
  

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 (d) Legend. The Shares issued in settlement of the Units shall, unless otherwise determined by the Company, bear
the following legend: 
 “THE VOTING OF THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE, AND THE SALE, ENCUMBRANCE OR OTHER
DISPOSITION THEREOF, ARE SUBJECT TO THE PROVISIONS OF THIS RESTRICTED STOCK UNIT AWARD AGREEMENT. SUCH AGREEMENT INCLUDES RESTRICTIONS AND LIMITATIONS ON THE TRANSFER OF THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE.” 
 (e) No Fractional Shares. No scrip or fractional certificates will be issued with respect to any Shares issued in settlement of the Units. If a Participant would
otherwise be entitled to receive fractional Shares in respect of the Units, the Company shall round the number of Shares to be received to the closest whole Share; provided that in no event shall a Participant receive more than the total number of
Shares subject to the Award. If the number of Shares received by a Participant has been rounded down, the Company shall record the amount of such fractional Shares in a book entry account and shall issue one or more whole Shares in respect of such
amount on the last settlement date applicable to such Award; provided, however, if a Participant’s account is credited with fractional Shares on the date immediately prior to the expiration or termination of the Award, the Company shall pay the
Participant cash in lieu of such fractional Shares. 
 SECTION 5. RESTRICTIONS ON SHARES. 
 (a) Drag-Along Rights. Shares issued in settlement of the Units shall be subject to the Drag-Along Rights as set forth in Sections 4.2 and 4.3 of the Stockholders
Agreement (whether or not the Participant is a signatory thereof), the provisions of such Sections 4.2 and 4.3 of the Stockholders Agreement to apply mutatis mutandis to this Agreement. The Participant shall be deemed to have appointed each member
of the Principal Investors, with full power of substitution, as the Participant’s true and lawful representative and attorney-in-fact, in such Participant’s name, place and stead, to execute and deliver any and all agreements that the
members of the Principal Investors reasonably believe are consistent with the purposes of Sections 4.2 and 4.3 of the Stockholders Agreement. The foregoing power of attorney is coupled with an interest and shall continue in full force and effect
notwithstanding the subsequent death, incapacity, bankruptcy or dissolution of any Participant. 
 (b) Tag-Along Rights. Shares issued in settlement
of the Units shall be subject to the Tag-Along Rights as, and to the extent, set forth in Section 4.1 of the Stockholders Agreement (whether or not the Participant is a signatory thereof), the provisions of such Section 4.1 of the
Stockholders Agreement to apply mutatis mutandis to this Agreement. 
 (c) Transfer of Shares. Other than as set forth in the Stockholders Agreement
or any other applicable agreement entered into by the Company and the Participant, any Shares issued in settlement of the Units may not be transferred to any person other than to the Company or to a Permitted Transferee (in accordance with the terms
of the Stockholders Agreement or any other applicable agreement entered into by the Company and the Participant). Notwithstanding the above, the first sentence of this paragraph 5(c) shall cease to apply as to any Shares upon an Initial Public
Offering, subject to the Stockholders Agreement or other applicable agreement 

  

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between the Company and the Participant. If the Shares are transferred to a Permitted Transferee, such Permitted Transferee must, as a condition precedent to
the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement to the same extent such Shares would be so subject if retained by the Participant. 
 (d) Voting Rights. The Participant hereby appoints each Principal Investor as its proxy to vote the Shares issued in settlement of the Units, whether at a meeting
or by written consent in accordance with the provisions of Section 2 of the Stockholders Agreement (whether or not the Participant is required by the Company to execute a joinder to the Stockholders Agreement pursuant to Section 4 hereof).
The proxy granted hereby is irrevocable and coupled with an interest sufficient in law to support an irrevocable power. Solely with respect to Participants who have executed a joinder to the Stockholders Agreement, this proxy shall not be used to
affect any amendment pursuant to the Stockholders Agreement and Registration Rights Agreement, which, by its terms, Discriminates (as defined in the Registration Rights Agreement) against the holders of Management Shares (as such term is defined in
the Stockholders Agreement); provided that it is understood and agreed that, for the purposes of interpreting and enforcing this proxy, amendments that affect all Stockholders (as such term is defined in the Stockholders Agreement) will not be
deemed to Discriminate against the holders of Management Shares simply because holders of such shares (i) own or hold more or less Shares than any other Stockholders, (ii) invested more or less money in the Company or its direct or
indirect subsidiaries than any other Stockholders or (iii) have greater or lesser voting rights or powers than any other Stockholders. Notwithstanding the above, this paragraph 5(d) shall cease to apply as to any such Shares upon the
termination of the Stockholders Agreement as to such Shares, subject to any other applicable agreement entered into by the Company and the Participant. 
 (e) Forfeiture of Shares upon Termination for Cause. Except as expressly set forth in the Notice, the Shares issued in settlement of the Units shall be forfeited without payment therefor in the event the Participant’s Service is
terminated for Cause. 
 (f) Additional Shares or Substituted Securities. In the event of the declaration of a stock dividend, the declaration of an
extraordinary dividend payable in a form other than stock, a spin-off, a stock split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company’s outstanding securities without receipt of
consideration, any new, substituted or additional securities or other property (including money paid other than as an ordinary cash dividend) which are by reason of such transaction distributed with respect to any of the Shares subject to this
Section 5 or into which such Shares thereby become convertible shall immediately be subject to this Section 5. 
 SECTION 6. CALL RIGHT.

 (a) Call Right. If the Participant’s Service with the Company ceases for any reason, the Company shall have the right (but not an
obligation) to call any Shares issued in settlement of the Units on such termination (or at any time thereafter). 
 (b) Exercise Notice. In the event
the Company wishes to exercise its Call Right, the Company shall notify the Participant (or any Permitted Transferee to whom the Shares have been transferred) by written notice that the Company has elected to exercise such right, and the number of
Shares with respect to which the right is being exercised. 
  

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 (c) Execution of Call. The closing of any purchase and sale pursuant to the Call Right shall take place at the
principal office of the Company as soon as reasonably practicable and in no event later than thirty (30) days after the date of the Company’s exercise notice described in Section 6(b) or at such other time and location as the parties
to such purchase may mutually determine. 
 (d) Purchase Price. If the Company exercises the Call Right, the Participant shall sell, and shall cause
any Permitted Transferee to whom Shares have been transferred to sell (and such Permitted Transferee shall sell), to the Company all of the Shares subject to the Call Right and the Company shall purchase each such Share for its Fair Market Value on
the date of the closing. The Company shall make commercially reasonable efforts, as determined by the Board of Directors in good faith, to pay all or any portion of the repurchase price in cash. However, if the Company cannot make all or any portion
of the payment in cash it shall issue a promissory note with a principal amount equal to the amount of the repurchase price which was not paid in cash (e.g., the full amount or a portion thereof, as applicable), on which interest will accrue on the
principal thereof at a rate equal to the higher of (i) the underpayment rate in respect of certain installment sales under Section 453 of the Internal Revenue Code of 1986, as amended, if applicable, and (ii) prime rate plus two
percent, under which the principal, together with the interest thereon, will become due and payable, to the extent commercially reasonable (as determined by the Board of Directors), in three equal annual installments, payable on the first, second
and third anniversaries of the date of issuance thereof. 
 (e) Lapse of Rights. The Notice shall specify the date, if any, on which the Call Right
shall lapse. 
 (f) Additional Shares or Substituted Securities. In the event of the declaration of a stock dividend, the declaration of an
extraordinary dividend payable in a form other than stock, a spin-off, a stock split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company’s outstanding securities without receipt of
consideration, any new, substituted or additional securities or other property (including money paid other than as an ordinary cash dividend) which are by reason of such transaction distributed with respect to any of the Shares subject to the Call
Right or into which such Shares thereby become convertible shall immediately be subject to this Section 6. 
 (g) Termination of Rights as
Shareholder. If the Company makes available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Shares to be purchased in accordance with this Section 6, then after such time the person
from whom such Shares are to be purchased shall no longer have any rights as a holder of such Shares (other than the right to receive payment of such consideration in accordance with this Agreement). Such Shares shall be deemed to have been
purchased in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered as required by this Agreement. 
  

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 SECTION 7. MISCELLANEOUS PROVISIONS. 
 (a) No Retention Rights. Nothing in this Agreement or in the Plan shall confer upon the Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict
in any way the rights of the Company (or any Subsidiary or Affiliate employing or retaining the Participant) or of the Participant, which rights are hereby expressly reserved by each, to terminate his or her Service at any time and for any reason,
with or without cause. 
 (b) Notification. Any notice required by the terms of this Agreement shall be given in writing and shall be deemed effective
upon personal delivery or upon deposit with the United States Postal Service, by registered or certified mail, or a nationally recognized overnight express mail service with postage and fees prepaid. Notice shall be addressed to the Company at its
principal executive office and to the Participant at the address that he or she most recently provided to the Company. 
 (c) Entire Agreement. This
Agreement, the Notice, the Plan, the Stockholders Agreement (or such other stockholders agreement entered into by the Company and the Participant) and any employment or consulting agreement between the Participant and the Company constitute the
entire contract between the parties hereto with regard to the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter
hereof. 
 (d) Waiver. No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or
condition whether of like or different nature. 
 (e) Successors and Assigns. The provisions of this Agreement shall inure to the benefit of, and be
binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns and the legal representatives, heirs and legatees of the Participant’s estate, whether or not any such person shall have become a
party to this Agreement and have agreed in writing to be join herein and be bound by the terms hereof. 
 (f) Choice of Law. This Agreement shall be
governed by, and construed in accordance with, the laws of the State of Delaware, as such laws are applied to contracts entered into and performed in such State. 
 SECTION 8. DEFINITIONS. 
 (a) “Agreement” shall mean this Restricted Stock Unit Award Agreement. 
 (b) “Call Right” shall mean the Call Right described in Section 6 of this Agreement. 
 (c) “Company” shall have the meaning described in Section 1(a) of this Agreement. 
 (d)
“Company Securities” shall mean collectively the Class A Stock, Class L Stock and Preferred Stock, or such other class or kind of shares or other securities resulting from an event described in Section 10 of the Plan, and
when used with respect to an Investment, only such securities used in the calculation of such Investment, and solely for purposes of determining cash proceeds or other cash distributions in respect of Company Securities, “Company
Securities” shall include non-cash proceeds in respect of and other securities in exchange for Company Securities. 
  

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 (e) “Disability” shall mean “disability” as defined in any employment or other agreement
between the Company and the Participant governing the provision of Service by the Participant to the Company and its Affiliates, and shall be interpreted in accordance with the procedures set forth therein. In the absence of such an agreement,
“Disability” shall mean the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a
continuous period of not less than 12 months. 
 (f) “Fair Market Value”, for purposes of the Notice and Section 6 hereof, and except
as otherwise modified in the Notice, shall mean with respect to any Share (i) prior to an Initial Public Offering, the fair value of such Share based on an independent, third party valuation obtained by the Company from a nationally recognized
appraiser and without any liquidity or minority discounts and (ii) on and after an Initial Public Offering, Fair Market Value shall mean the average closing price of a Share over a period of 90 calendar days (45 days before and 45 days after
the date of such valuation or, if the Shares are not publicly traded during any portion of such period, such other 90-day period that most closely resembles that period) (subject to appropriate equitable adjustments if Company Securities, other than
the Shares, remain outstanding at the time of determination). Prior to an Initial Public Offering, when determining the Fair Market Value, the Participant may obtain a second independent, third party valuation from a nationally recognized appraiser.
In the event the Participant’s valuation is within ten percent (10%) of the Company’s valuation, the average of the two valuations shall be used. In the event the Participant’s valuation is greater than one hundred ten percent
(110%) of the Company’s valuation, the Company and the Participant shall submit to binding baseball-type arbitration before a single arbitrator, conducted in accordance with the commercial arbitration rules of the AAA. The Company shall
pay the reasonable costs of the arbitrator. If the arbitrator selects the Participant’s valuation, the Company shall reimburse the Participant for the reasonable cost of the Participant’s valuation and the Participant’s reasonable
legal fees in conducting the arbitration. 
 (g) “Good Reason” shall mean “good reason” as defined in any employment or other
agreement between the Company and the Participant governing the provision of Service by the Participant to the Company and its Affiliates, and shall be interpreted in accordance with the procedures set forth therein. In the absence of such an
agreement, there shall be no good reason. 
 (h) “Initial Public Offering” shall mean (i) “initial public offering” as
defined in the Stockholders Agreement and (ii) Company Securities otherwise becoming traded on a national securities exchange. 
 (i)
“Notice” shall have the meaning described in Section 1(a) of this Agreement. 
 (j) “Participant” shall mean the
person named in the Notice. 
 (k) “Permitted Transferee” shall mean “permitted transferee” as defined in the Stockholders
Agreement. 
 (l) “Plan” shall have the meaning described in Section 1(a) of this Agreement. 
 (m) “Principal Investors” shall mean the “principal investors” as defined in the Stockholders Agreement. 
  

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 (n) “Protected Termination” shall mean, with respect to a Participant, a termination of such
Participant’s Service (i) by the Company without Cause, (ii) due to the Participant’s death or Disability, or (iii) by the Participant with Good Reason. 
 (o) “Qualified Public Offering” shall mean a “qualified public offering” as defined in the Stockholders Agreement. 
 (p) “Registration Rights Agreement” shall mean the Participation, Registration Rights and Coordination Agreement by and among the Company, Broadcast Media Partners Holdings, Inc., Umbrella
Acquisition, Inc. and Certain Persons who will be stockholders of the Company, dated as of March 29, 2007, as amended from time to time. 
 (q)
“Share” shall mean, with respect to any class of Units, the type and class of stock that is referenced as to such Units as set forth in the Notice, or any security which is exchanged therefor, in any case as may be adjusted in
accordance with Section 10 of the Plan (if applicable). 
 (r) “Stockholders Agreement” shall mean the Stockholders Agreement by and
among the Company Broadcast Media Partners Holdings, Inc., Umbrella Acquisition, Inc. and Certain Stockholders of Broadcasting Media Partners, Inc., dated as of March 29, 2007, as amended from time to time. 
 (s) “Units” shall have the meaning described in Section 1(a) of this Agreement. 
  

 8Form of Notice of Restricted Stock Award

 Exhibit 10.20 
 BROADCASTING MEDIA PARTNERS, INC. 
 2007
EQUITY INCENTIVE PLAN 
 NOTICE OF RESTRICTED
STOCK AWARD 
 REFERENCE NUMBER: 2007-SE 
  

					
	Participant:	    	 	  	
			
	Grant Date:	    	 	  	
		
	Number of Shares:	    	             shares of Class A-1 common stock of Broadcasting Media Partners, Inc. (the “Company”),
par value $.001 (“Class A-1 Stock”).1
		
	 Purchase Price:
	    	$             (the “Purchase Price”)2
		
	 Vesting Schedule:
	    	[Tranche 1 Shares
		
		    	Time Vesting.    One-fifth (20%) of the Tranche 1 Shares shall vest on each of the first five anniversaries of the Grant Date (each such date a
“Vesting Date”), provided Participant’s Service has not terminated prior to the applicable Vesting Date and the vesting of such Shares has not been accelerated as provided below.
		
		    	Protected Termination.    The Participant shall vest, upon a Protected Termination, in a portion of the unvested Tranche 1 Shares determined by multiplying
the number of such unvested Shares by a fraction (not greater than one), the numerator of which is the sum of the number of full and partial months of Service since the preceding Vesting Date (or if prior to the first Vesting Date, since the Grant
Date) plus          months, and the denominator of which is the number of full and partial months remaining in the five-year vesting period since the preceding Vesting Date (or, if prior to the
first Vesting Date, since the Grant Date).
		
		    	Change of Control.    All of the unvested Tranche 1 Shares shall vest on the date of a Change of Control (as defined in this Notice) during the
Participant’s Service.
		
		    	Tranche 2 Shares
		
		    	Performance Vesting.    Tranche 2 Shares shall vest during the Participant’s Service upon the Principal Investors receiving, in the aggregate, cash
proceeds and other cash distributions in respect of Company Securities (i) equal to two (2) times their Investment, and (ii) after the fifth anniversary, that provides to the Principal Investors at least a 15% Internal Rate of
Return.]3

 1 Andrew W. Hobson received 150,022 shares as Tranche 1 Shares and 75,011 shares as Tranche 2 Shares,
representing in the aggregate, as of the Grant Date, 0.75% of the fully diluted appreciation in the aggregate value of the Class A Stock and the Company’s Class L Common Stock (excluding preferences). Ray Rodriguez received 120,018 shares
as Tranche 1 shares, 60,009 shares as Tranche 2 shares and 15,002 shares as Tranche 3 (“Tranche 3 Shares”), representing in the aggregate, as of the Grant Date, 0.65% of the fully diluted appreciation in the aggregate value of the
Class A Stock and the Company’s Class L Common Stock (excluding preferences). Joseph Uva received 33,028 shares of Class A-1 Common Stock (“Granted Shares”). 
 2 The Purchase Price was $2,778,186, $2,407,761 and $0 for Messrs. Hobson, Rodriguez and Uva, respectively. 

					
			
		 		    	[Tranche 3 Shares
			
		 		    	Performance Vesting.    Tranche 3 Shares shall vest during Participant’s Service upon the Principal Investors receiving, in the aggregate, cash proceeds and other
cash distributions in respect of Company Securities (i) equal to two and one-half (2.5) times their Investment, and (ii) after the fifth anniversary, that provides to the Principal Investors at least a 20% Internal Rate of
Return.]5
			
		 		    	[Partial Vesting on Sale. If during the Participant’s Service (i) the Company completes an Initial Public Offering, and (ii) the Principal Investors, in the
aggregate, have received cash proceeds from the sale or other disposition of Company Securities (other than to Affiliates) representing at least 25% of their Investment, and (iii) any Principal Investor sells or otherwise disposes of any
additional Company Securities (other than to Affiliates), then a percentage of the Tranche 2 Shares and Tranche 3 Shares are eligible to vest if the Principal Investors have received an aggregate amount of cash proceeds from all such sales or
dispositions of Company Securities at least equal to (A) two (2) times the aggregate cost of such Company Securities or two and one-half (2.5) times the aggregate cost of such Company Securities, as applicable, and (B) after the
fifth anniversary of the Grant Date, the Principal Investors have also achieved at least a 15% Internal Rate of Return or 20% Internal Rate of Return, as applicable, on the aggregate cost of such Company Securities. The percentage of Tranche 2
Shares and Tranche 3 Shares that shall vest pursuant to the preceding sentence shall be the same as the percentage of Company Securities that have been sold or otherwise disposed of by the Principal Investors, reduced by the percentage of Tranche 2
Shares and Tranche 3 Shares that have previously vested. A determination as to partial vesting pursuant to this paragraph shall be made as to each sale of Company Securities by any of the Principal Investors on a cumulative, aggregate basis. A
Tranche 2 Share or Tranche 3 Share that becomes vested in accordance with this paragraph shall not lose its status as vested by reason of any determination that the applicable performance hurdles described herein had not been attained, on a
cumulative basis, as a result of any subsequent transaction.
			
		 		    	 Certain Events Not Treated As A Sale or Disposition. Any stock dividends, stock splits, stock combinations, corporate reorganizations,
recapitalizations or other similar transactions in which cash is not received on account of Company Securities by any Principal Investor, shall not be treated as a sale or disposition of Company Securities for purposes of applying the preceding
paragraph.

			
		 		    	Protected Termination.
			
		 		    	(a) Upon a Protected Termination on or following the earlier of (i) an Initial Public Offering and (ii) the fifth anniversary of the Grant Date, a determination shall be made as
to whether the applicable performance objectives have been attained, notwithstanding the absence of any cash realization event by the Principal Investors, by assuming all of the Company Securities then owned by the Principal Investors have been
immediately sold for cash equal to their Fair Market Value and if the applicable performance objectives have been attained on such Protected Termination, the Tranche 2 Shares and Tranche 3 Shares shall vest, as applicable.

  

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		 		    	(b) Upon a Protected Termination, the Participant’s Tranche 2 Shares and Tranche 3 Shares shall continue to be eligible to vest for up to
         months thereafter, [and, solely with respect to a Change in Control, for an additional          month period].]3
			
		 		    	 [Granted Shares
  
 The Granted Shares will vest in accordance with the following schedule provided the Participant’s Service has not earlier terminated:

  

			
	 Vesting Date
	  	Number of Granted Shares That Vest
	 1st anniversary of Grant Date
	  	One-third of the total Granted Shares
	 2nd anniversary of Grant Date
	  	One-third of the total Granted Shares
	 2-1/2 years after Grant Date
	  	One-third of the total Granted Shares

  

			
		    	All of the unvested Granted Shares shall vest upon a Change of Control or upon a Protected Termination (the date of such termination, a Vesting Date).]4
		
	Forfeiture:	    	[Notwithstanding the Award Agreement, all Shares subject to this Award, whether vested or unvested, shall be forfeited on the date of Participant’s termination of Service for Cause and any
Tranche 2 Shares and Tranche 3 Shares which have not vested on the earliest of (i) the date Participant’s Service terminates on account of a resignation without Good Reason, (ii)      year(s) following a
Protected Termination and (iii) the date no Principal Investor holds any Company Securities, shall be forfeited on such date. Any Shares forfeited pursuant to the preceding sentence shall be repurchased from the Participant by the Company for a
cash payment equal to the lesser of the Fair Market Value of such Shares on the date of forfeiture and the Purchase Price paid by the Participant for such forfeited Shares.]3
		
		    	[Upon Participant’s termination of Service for Cause, any Granted Shares which are vested prior to such termination shall not be subject to forfeiture under the Restricted Stock Award
Agreement.]4
		
	Call Right:	    	[Notwithstanding the Award Agreement, the Call Right shall lapse upon an Qualified Public Offering.]3
		
		    	[In the event the Company does pay all or any portion of the purchase price of the Granted Shares with a promissory note, pursuant to Section 7(d) of the Award Agreement, the Participant
shall be treated no less favorable as other participants in the Plan who, on or about the same date as the Participant, are each subject to a Company repurchase of at least $1 million in Company Securities, such that the percentage of the purchase
price for the Granted Shares to be paid with a Company promissory note shall be no less favorable than the percentage of the purchase price for the Company Securities to be paid with a promissory note by the Company to each of such other
participants. The Company’s Call Right expires upon a Qualified Public Offering.]4
		
	[Fair Market Value:	    	Solely for purposes of paragraph (a) under the heading “Vesting Schedule”, subheading “Protected Termination” above, on and after an Initial Public Offering, Fair Market
Value shall mean 90% of the weighted average closing price of a Share over a period of 90 calendar days (45 days before and 45 days after the date of such valuation or, if the Shares are not publicly traded during

  

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		    	any portion of such period, such other 90-day period that most closely resembles that period). Appropriate equitable adjustments will be made to the formula in the preceding sentence if Company
Securities other than Shares remain outstanding at the time of determination.
		
	Section 409A:	    	No action may be taken by the Committee pursuant to Section 12(a) of the Plan which affects this Award without the written consent of the Participant.
		
	Change of Control:	    	Solely for purposes of vesting under this Notice, “Change of Control” shall mean any transaction or series of related transactions, whether or not the Company is a party thereto, after
giving effect to which in excess of fifty percent (50%) of the Company’s voting power is owned directly, or indirectly through one or more entities, by any Person and its Affiliates or any “group” (as defined in the Exchange Act
Rules), other than any Principal Investor and any of their Affiliates. For the avoidance of doubt, a “Change in Control” shall not include a sale to an underwriter in a firm commitment.]3
		
	[Put Right:	    	Upon Participant’s termination of Service by the Company without Cause or by Participant for Good Reason prior to the second anniversary of the Grant Date, the Participant shall have a
right to cause the Company to purchase, and the Company shall purchase, on such date of termination, any vested Granted Shares at a per Share price equal to the higher of the Purchase Price per Share or Fair Market Value. The
Participant’s Put Right expires upon a Qualified Public Offering.
		
	Resale Restrictions:	    	In addition to any other restrictions applicable to the Participant, following an Initial Public Offering, the Participant is restricted during Service from selling or otherwise transferring
Company Securities issued pursuant to this Award (other than a sale of Shares back to the Company), to the extent that, following such sale or other transfer, the percentage of the total Company Securities that continue to be owned by the
Participant (determined by dividing the number of Company Securities that would be owned by the Participant immediately after the proposed sale or other transfer by the number of such securities owned on the Grant Date) would be less than the
percentage of the aggregate Company Securities that continue to be owned by the Principal Investors (determined by comparing the number of Company Securities that would be owned by the Principal Investors immediately following the Participant’s
proposed sale or other transfer to the number of such securities owned by the Principal Investors on the Grant Date). For purposes of this resale restriction, Company Securities, when used with respect to the Participant, shall include any
Restricted Preferred Stock Units and Restricted Common Stock Units then held by the Participant. This provision shall not apply following a termination of Participant’s Service for any reason.]4

	 3
	 Applicable to Messrs. Hobson and Rodriguez only. 

	 4
	 Applicable to Mr. Uva only. 

	 5
	 Applicable to Mr. Rodriguez only. 

 *     *     * 
  
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 4 

 By signing your name below, you accept that this Award is granted under and governed by the terms and conditions of the
Broadcasting Media Partners, Inc. 2007 Equity Incentive Plan (the “Plan”) and the Restricted Stock Award Agreement (reference number 2007-SE) issued under such Plan (the “Award Agreement”), both of which are hereby incorporated
by reference; provided that in the event of a conflict between any provision of this Notice and any provision of the Plan or the Award Agreement, the provisions of this Notice shall take precedence. Capitalized terms used but not defined in this
Notice of shall have the meanings assigned to them in the above-referenced documents. 
  

			
	BROADCASTING MEDIA PARTNERS, INC.
		
	By:	 	  
		
	Title:	 	  

  
  
  
  

			
	PARTICIPANT
		
	Signature:	 	  
		
	Print Name:

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