Document:

Exhibit 10.11

 

EXPO EVENT HOLDCO, INC.

ANNUAL INCENTIVE
PLAN

 

		1.	Purpose 

 

The purpose of this Expo Event Holdco,
Inc. Annual Incentive Plan is to promote the interests of the Company and its shareholders by motivating superior performance by
executive officers and other key personnel with annual bonus opportunities based upon corporate and individual performance.

 

		2.	Definitions 

 

(a)“Award”
means an award granted to a Participant under the Plan subject to such terms and conditions as the Plan Administrator may establish
under the terms of the Plan.

 

(b)“Board”
means the Board of Directors of the Company.

 

(c)“Company”
means Expo Event Holdco, Inc. and its subsidiaries.

 

(d)“Participant”
means an employee of the Company who has been granted an Award under the Plan.

 

(e)“Performance
Criteria” shall have the meaning set forth in Section 5(b) hereof.

 

(f)“Performance
Goals” shall have the meaning set forth in Section 5(c) hereof.

 

(g)“Plan”
means this Expo Event Holdco, Inc. Annual Incentive Plan, as it may be amended and restated from time to time.

 

(h)“Plan
Administrator” means the Compensation Committee of the Board, or such other committee of the Board that the Board shall
designate from time to time to administer the Plan.

 

(i)“Plan
Year” means each fiscal year in which the Plan shall be in effect.

 

		3.	Plan Administration 

 

(a)General.
The Plan shall be administered by the Plan Administrator. The Plan Administrator shall have such powers and authority as may be
necessary or appropriate for the Plan Administrator to carry out its functions as described in the Plan. No member of the Plan
Administrator shall be liable for any action or determination made in good faith by the Plan Administrator with respect to the
Plan or any Award hereunder. The Plan Administrator may delegate, to any appropriate officer or employee of the Company, responsibility
for performing certain ministerial functions under this Plan.

 

(b)Discretionary
Authority. Subject to the express limitations of the Plan, the Plan Administrator shall have authority in its discretion to
determine the time or times at which Awards may be granted, the recipients of Awards, the Performance Criteria, the Performance
Goals and all other terms of an Award. The Plan Administrator shall also have discretionary authority to interpret the Plan, to
make all factual determinations under the Plan, and to make all other determinations necessary or advisable for the administration
of the Plan. The Plan Administrator may prescribe, amend, and rescind rules and regulations relating to the Plan. All interpretations,
determinations, and actions by the Plan Administrator shall be final, conclusive, and binding upon all parties.

 

    	 

    	 

    

 

		4.	Eligibility and Participation 

 

Employees of the Company who hold a position
as an executive officer of the Company shall be eligible to participate in the Plan for a Plan Year on such basis and on such terms
and conditions as determined by the Plan Administrator. In addition, any other employees of the Company designated by the Plan
Administrator to receive an Award for a Plan Year shall become a Participant in the Plan with respect to such Plan Year.

 

		5.	Awards 

 

(a)Amount of
Awards. The Plan Administrator will determine in its discretion the amount of an Award, the Performance Criteria, the applicable
Performance Goals relating to the Performance Criteria, and the amount and terms of payment to be made upon achievement of the
Performance Goals for each Plan Year.

 

(b)Performance
Criteria. For purposes of Awards granted under the Plan, the “Performance Criteria” for a given Plan Year
shall be one or any combination of the following, for the Company or any identified subsidiary or business unit, as may be selected
by the Plan Administrator in its sole discretion at the time of an Award: (i) earnings per share; (ii) operating income; (iii)
return on equity or assets; (iv) free cash flow; (v) net cash flow; (vi) cash flow from operations; (vii) EBITDA and/or adjusted
EBITDA (including any adjusted EBITDA metric reported by the Company to securityholders or lenders); (viii) revenue growth;
(ix) revenue ratios; (x) cost reductions; (xi) cost ratios or margins; (xii) overall revenue or sales growth; (xiii) expense reduction
or management; (xiv) market position or market share; (xv) total shareholder return; (xvi) return on investment; (xvii) earnings
before interest and taxes (EBIT); (xviii) net income (before or after taxes); (xix) return on assets or net assets; (xx) economic
value added; (xxi) shareholder value added; (xxii) cash flow return on investment; (xxiii) net operating profit; (xxiv) net operating
profit after tax; (xxv) return on capital; (xxvi) return on invested capital; (xxvii) customer growth; (xxviii) financial ratios,
including those measuring liquidity, activity, profitability or leverage; (xxix) financing and other capital raising transactions;
(xxx) strategic partnerships or transactions; (xxxi) successful completion of acquisitions; or (xxxii) any combination of or a
specified increase in any of the foregoing, or such other Performance Criteria determined to be appropriate by the Plan Administrator
in its sole discretion.

 

(c)Performance
Goals. For purposes of Awards granted under the Plan, the “Performance Goals” for a given Plan Year shall
be the levels of achievement relating to the Performance Criteria as may be selected by the Plan Administrator for the Award. The
Plan Administrator may establish such Performance Goals relative to the applicable Performance Criteria as it determines in its
sole discretion at the time of an Award. The Performance Goals may be applied on an absolute basis or relative to an identified
index or peer group, as specified by the Plan Administrator. The Performance Goals may be applied by the Plan Administrator after
excluding charges for restructurings, discontinued operations, extraordinary items and other unusual or non-recurring items, and
the cumulative effects of accounting changes, and without regard to realized capital gains.

 

(d)Payment
of Awards. The payment of awards under the Plan shall be made at such time or times as determined by the Plan Administrator
in its sole discretion and generally shall be made within two and one half months following the end of the applicable Plan Year.

 

(e)Form of
Payment. Awards under the Plan shall generally be made in cash. The Plan Administrator may, in its discretion, provide that
a Participant receive all or a portion of an Award in stock units or other equity-based compensation to be granted under one or
more equity incentive compensation plans sponsored or maintained by the Company from time to time.

 

    	 

    	 

    

 

(f)Tax Withholding.
Any payment under this Plan shall be subject to applicable income and employment taxes and any other amounts that the Company is
required by law to deduct and withhold from such payment.

 

		6.	Termination of Employment 

 

(a)General
Rule. Subject to the provisions of Section 6(b) hereof, the obligation of the Company to satisfy payment of an Award to a
Participant hereunder is conditioned upon the continued employment of the Participant with the Company at the time determined
by the Plan Administrator for payment of an Award. If the employment of a Participant with the Company is terminated for any reason,
at any time prior to the time determined by the Plan Administrator for payment of an Award hereunder, the Award shall be forfeited
and automatically be cancelled without further action of the Company, unless otherwise provided by the Plan Administrator.

 

(b)Exceptions.
The Plan Administrator may, in its discretion, provide for the payment of an Award in the event a Participant’s employment
with the Company is terminated for any reason including, but not limited to, a termination by the Company without cause or as a
result of the Participant’s death or disability. Such payment may be made on a pro-rated or accelerated basis as determined
by the Plan Administrator in its sole discretion.

 

		7.	General Provisions 

 

(a)Effective
Date. The Plan shall be effective with respect to Plan Years beginning on or after [ ].

 

(b)Amendment
and Termination. The Company may, from time to time, by action of the Board, amend, suspend or terminate any or all of the
provisions of the Plan with respect to the then current Plan Year and any future Plan Year, without the requirement of obtaining
the consent of the affected Participants.

 

(c)No Right
to Employment. Nothing in the Plan shall be deemed to give any Participant the right to remain employed by the Company or to
limit, in any way, the right of the Company to terminate, or to change the terms of, a Participant’s employment at any time.

 

(d)Governing
Law. The Plan shall be governed by and construed in accordance with the laws of Delaware, without regard to the choice-of-law
rules thereof.

 

(e)Section
409A. The Company intends that that payments and benefits under this Plan will either comply with or be exempt from Section
409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the regulations and guidance promulgated
thereunder (collectively “Section 409A”) and, accordingly, to the maximum extent permitted, this Plan shall
be interpreted to be exempt from Section 409A or in compliance therewith, as applicable. Nothing contained herein shall constitute
any representation or warranty by the Company regarding compliance with Section 409A. The Company shall have no obligation to take
any action to prevent the assessment of any additional income tax, interest or penalties under Section 409A on any person and the
Company, its subsidiaries and affiliates, and each of their respective employees or representatives, shall have no liability to
any person with respect thereto. A termination of employment shall not be deemed to have occurred for purposes of any provision
of the Plan providing for the payment of any amounts or benefits that are considered nonqualified deferred compensation under Section
409A upon or following a termination of employment, unless such termination is also a “separation from service” within
the meaning of Section 409A and the payment thereof prior to a “separation from service” would violate Section 409A.
For purposes of any such provision of the Plan or relating to any such payments or benefits, references to a “termination,”
“termination of employment,” or like terms shall mean “separation from service.” If an amount is paid in
two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. Notwithstanding
any contrary provision in the Plan, any payment(s) of nonqualified deferred compensation (within the meaning of Section 409A) that
are otherwise required to be made under the Plan to a “specified employee” (as defined under Section 409A) as a result
of his or her separation from service (other than a payment that is not subject to Section 409A) shall be delayed for the first
six months following such separation from service (or, if earlier, until the date of death of the specified employee) and shall
instead be paid on the day that immediately follows the end of such six-month period.

 

(f)Section
162(m) Transition Relief. This Plan, having been adopted prior to the Company’s securities having become publicly held
in connection with an initial public offering, is intended to satisfy the requirements for the transition relief under Treasury
Regulation §1.162-27(f)(1) such that the deduction limit set forth in Treasury Regulation §1.162-27(b) does not apply
to any remuneration paid pursuant to this Plan until the first meeting of the shareholders of the Company at which directors of
the Company are to be elected that occurs after the close of the third calendar year following the calendar year in which the initial
public offering of the Company’s securities occurs.Exhibit 10.12

 

 

 

David Loechner

 

July 27,
2016

 

Dear
David: 

 

In recognition of your
contributions to Emerald Expositions, LLC (the “Company”), the Company has approved a special bonus for you
equal to an aggregate amount of $700,000 (the “Deal Success Bonus”), to be payable as provided below, subject
to all of the terms and conditions of this letter agreement. Capitalized terms not otherwise defined in the body of this letter
agreement are defined in Appendix A.

 

Your Deal Success Bonus
will be in addition to (and will not be in lieu of) any annual bonus or other incentive compensation amounts you may otherwise
be entitled to receive from the Company.

 

Conditions to Deal Success Bonus

 

		(a)	Subject to the provisions of (b) below, you shall be
paid your Deal Success Bonus in two lump sums, as follows: (1) 50% of the Deal Success Bonus within 10 days of the closing of
a Sale (as defined in Appendix A) (the “First Deal Success Bonus Payment”) and (2) 50% of the Deal Success
Bonus on the earlier of (a) the six month anniversary of the closing of a Sale or (b) the termination of your employment by the
Company without Cause following a Sale (the “Second Deal Success Bonus Payment”).

 

		(b)	If your employment with the Company terminates prior
to the closing date of a Sale for any reason, then you will not be entitled to any portion of the Deal Success Bonus. If your
employment with the Company terminates following closing but prior to the six month anniversary of a Sale for any reason (other
than by the Company without Cause), you will not be entitled to the Second Deal Success Bonus Payment.

 

Confidentiality

 

This letter, the amount
of your Deal Success Bonus eligibility, the fact that a Sale is being contemplated and all facts and circumstances related thereto
are confidential and should not be discussed with anyone (including co-workers, bidders and the Company’s advisors). We are
relying on your sensitivity and professionalism in observing this request. In the event that the Company makes a determination
prior to the closing date of a Sale that you have violated this confidentiality condition, the Company may, in its sole discretion
(and in addition to any other actions it may choose to take up to and including termination of your employment), terminate the
Deal Success Bonus that you may have otherwise been entitled to receive under this letter.

 

 

Emerald Expositions, LLC –
Deal Success Bonus Letter – July 27, 2016

 

    	 

    	 

    

Other Terms

 

All payments under
this letter will be subject to the withholding of any taxes required to be withheld under applicable federal, state or local law.
You will not have any right to transfer, assign, pledge, alienate or create a lien on the Deal Success Bonus, and this letter agreement
is not assignable by you. The Deal Success Bonus is unfunded and unsecured and is payable out of the general funds of the Company.
Nothing in this letter is intended to suggest any guaranteed period of continued employment and your employment will at all times
continue to be terminable by you or the Company. This letter will be binding on any successor to the Company.

 

The Bonus Amount(s)
payable pursuant to this letter agreement are intended to be exempt from Section 409A of the Internal Revenue Code of 1986,
as amended, and the Treasury Regulations and other guidance promulgated or issued thereunder (the “Code”).

 

If, in the sole discretion
of the Company, all or any portion of the Deal Success Bonus could be considered a “parachute payment” under Code Section
280G, your entitlement to any portion of the Deal Success Bonus will be contingent upon the approval of the Deal Success Bonus
in a manner that satisfies the shareholder approval requirements of Treasury Regulation Section 1.280G-1, Q&A 7.

 

This letter will be
governed by, and construed in accordance with, the laws of the state of the State of New York. This letter may be executed by .pdf
or facsimile signatures and in any number of counterparts with the same effect as if all signatory parties had signed the same
document. All counterparts shall be construed together and shall constitute one and the same instrument.

 

We thank you for the
service you have rendered in the past and look forward to your continued contribution to the success of the Company. Please acknowledge
your acceptance of the terms of this letter and return it to me as soon as possible.

 

[Signatures Follow]

 

 

 

Emerald Expositions, LLC –
Deal Success Bonus Letter – July 27, 2016

 

    	 

    	 

    

	 	Sincerely,
	 	 
	 	/s/ Philip T. Evans
	 	Philip T. Evans
	 	Chief Financial Officer and Treasurer

 

	Acknowledged and agreed:	 
	 	 
	/s/ David
Loechner	 
	David
Loechner	 
	 	 
	Date:	7/29/2016	 
	 	 

 

 

 

 

Signature Page to Emerald Expositions,
LLC – Deal Success Bonus Letter 

 

    	 

    	 

    

 

Appendix A

 

Definitions

 

“Affiliate”
shall mean with respect to any entity, any entity that Parent, either directly or indirectly through one or more intermediaries,
is in common control with, is controlled by or controls, each within the meaning of the Securities Act of 1933, as amended.

 

“Cause”
shall mean (a) if you are a party to an employment or a severance agreement with the Company or one of its subsidiaries in which
“cause” is defined, the occurrence of any circumstances defined as “cause” in such employment or severance
agreement, or (b) if you are not a party to an employment or severance agreement with the Company or one of its subsidiaries in
which “cause” is defined, (i) your indictment for, or conviction or entry of a plea of guilty or nolo contendere to
(A) any felony or (B) any crime (whether or not a felony) involving moral turpitude, fraud, theft, breach of trust or other similar
acts, whether of the United States or any state thereof or any similar foreign law to which you may be subject, (ii) your being
or having been engaged in conduct constituting breach of fiduciary duty, willful misconduct or gross negligence relating to the
Company or any of its subsidiaries or the performance of your duties, (iii) your willful failure to (A) follow a reasonable and
lawful directive of the Company or of the subsidiary at which you are employed or provide services, (B) comply with any written
rules, regulations, policies or procedures of the Company or the subsidiary at which you are employed or to which you provide services
which, if not complied with, would reasonably be expected to have more than a de minimis adverse effect on the business or financial
condition of the Company, (iv) your violation of your employment, consulting, separation or similar agreement with the Company
or one of its subsidiaries or any non-disclosure, nonsolicitation or non-competition covenant in any other agreement to which you
are subject or (v) your deliberate and continued failure to perform your material duties to the Company or any of its subsidiaries.

 

“Investor
Group” shall mean any investment fund directly or indirectly controlled by Onex Corporation.

 

“Parent”
shall mean Expo Event Holdco, Inc., a Delaware corporation, or any successor thereto.

 

“Parent Common
Stock” shall mean the shares of common stock, par value $0.01 per share, of Parent and any other securities into which
any of the foregoing shares are changed or for which such shares are exchanged.

 

“Person”
means an individual, partnership, corporation, limited liability company, trust, joint venture, unincorporated association or other
entity or association.

 

“Sale”
shall mean the first to occur of the following events after the date of this letter agreement: (a) the sale of all or substantially
all of the assets of Parent to any Person (or group of Persons acting in concert) other than an Affiliate of Parent or the Investor
Group, or (b) a sale by Parent, the Investor Group or any of their respective Affiliates to a Person (or group of Persons acting
in concert) of Parent Common Stock, or a merger, consolidation or similar transaction involving Parent, in any case, that results
in more than 50% of the Parent Common Stock (or the common stock of any resulting company after a merger) being held by a Person
(or group of Persons acting in concert) other than an Affiliate of Parent or the Investor Group.

 

Appendix A – Definitions

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