Document:

EX-4.9

 Exhibit 4.9 

MacDONALD, DETTWILER AND ASSOCIATES LTD. 

2013 LONG TERM INCENTIVE PLAN 

AWARD AGREEMENT 
 MacDONALD, DETTWILER
AND ASSOCIATES LTD. (the “Company”), hereby grants to the grantee named below (the “Grantee”), Appreciation Units in accordance with and subject to the terms, conditions and restrictions of this Agreement together with the
provisions as set forth below: 
 Appreciation Units: 

Name of Grantee: 
 Date of Grant:

 # of Appreciation Units: 

Base Price 
  

	1.	The terms and conditions of this Agreement and all capitalized terms used herein shall, unless expressly defined in a different manner, have the meanings ascribed hereto in this Agreement, and the 2013 Plan, as the case
may be. 

  

	2.	The Appreciation Units are subject to the foregoing terms: 

  

	 	(a)	Subject to the other provisions of the Plan and of this Agreement, the Appreciation Units shall vest and become exercisable only to the extent of one-third (1/3) of the total grant on
                    and, thereafter, to the extent of an additional one-third (1/3) of the total grant on each of
                    and                     .

  

	 	(b)	The Appreciation Units shall expire on                     . 

 

	 	(c)	Upon exercise of the Appreciation Unit, by Notice to the Company, the Company shall pay to the Grantee, based on surrender to the Company of Appreciation Units to be surrendered as referred to in the Notice, an amount
equal to the AU Value at the Exercise Date multiplied by the number of Appreciation Units being surrendered, less all statutory deductions. The Company may pay the Grantee in cash or in Shares of the Company, at the Company’s sole discretion.

  

	 	(d)	Notwithstanding the vesting of any Appreciation Units, subject to the terms of the 2013 Plan, the Grantee may not surrender any Appreciation Units prior to the Appreciation Unit vesting but may surrender the
Appreciation Unit at any time after they become vested and from time to time thereafter on Notice to the Company. 

  

	 	(e)	Except as otherwise provided in and in addition to the provisions of the 2013 Plan, all Appreciation Units outstanding under the 2013 Plan shall accelerate and be deemed to have been earned on the completion of a
Terminating Transaction. Upon consummation of any such event, the 2013 Plan shall terminate. 

	3.	Each Notice relating to the Appreciation Unit shall be in writing (“Notice”) and shall set forth the number of Appreciation Units to be surrendered. All Notices to the Company shall be delivered
personally or by prepaid registered mail to its head office in Richmond, British Columbia, Attention: Corporate Secretary or shall be delivered by any recorded electronic method of transmission and acceptance as established by the Company whereby
the Company can determine acceptance or exercise by any Grantee and all notices to the Grantee shall be delivered in any one of the same manners to the address of the Grantee on file with the Company. Either the Company or the Grantee may designate
a different address or email address by Notice to the other. Such Notices shall be deemed to be received, if delivered personally or by any recorded electronic method of transmission, on the date of delivery or sending, and if sent by mail, on the
fifth (5th) Business Day following the date of mailing. 

 General 

 

	4.	The Grantee hereby agrees that: 

  

	 	(a)	this Award Agreement and the provisions hereof are subject to the terms and conditions of the 2013 Plan; 

  

	 	(b)	any rule, regulation or determination, including the interpretation by the Board of the Agreement, the 2013 Plan shall be final and conclusive for all purposes and binding on all Persons, including the Company and the
Grantee; 

  

	 	(c)	the grant of any Award under the 2013 Plan shall not affect in any way the right of the Company or any Participating Company to terminate the employment of the Grantee; and 

 

	 	(d)	the grant of any Award or Appreciation Units is solely at the discretion of the Company and the grant of any Award or Appreciation Units in any one year to the Grantee does not entitle the Grantee to any grant of any
award, appreciation units, options, share appreciation rights or any similar instruments under the 2013 Plan or any other plan established by the Company and issued or awarded from time to time. 

 

	5.	This Agreement has been made in and shall be construed under and in accordance with the laws of the Province of British Columbia and the laws of Canada applicable therein. 

	6.	Definitions 

 For the purposes of this Agreement, the following definitions apply: 

“2013 Plan” means the 2013 Long Term Incentive Plan, as amended from time to time. 

“Act” means the Canada Business Corporations Act, as amended. 

“Appreciation Units” means an appreciation unit granted to a Grantee pursuant to the 2013 Plan. 

“AU Account” means the account established on the books of the Company in respect of a Grantee pursuant to the 2013 Plan. 

“AU Value” with respect to any exercise of an Appreciation Unit means the positive difference between the average of the Fair
Market Value of a Share for the five Business Days up to and including the date on which notice of exercise is received by the Corporate Secretary of the Company less the Base Price for the Appreciation Unit being exercised. 

“Award” means the grant to a Grantee of a specified number of Appreciation Units subject to the terms of this 2013 Plan. 

“Award Agreement” means the 2013 Long Term Incentive Plan Award Agreement or other written agreement between MDA and a Grantee
that evidences and sets out the terms and conditions of an Award. 
 “Base Price” for an Appreciation Unit means the Fair
Market Value of a Share on the Date of Grant, less the dollar value of any extraordinary dividend paid by MDA on the Shares. For the purposes hereof an extraordinary dividend shall not include any regular semi-annual dividend of MDA. 

“Board” means the Board of Directors of the Company. 

“Business Day” means a day on which both the Stock Exchange and banks in Vancouver, British Columbia are open for business.

 “Committee” means a committee of the Board designated from time to time by resolution of the Board, which committee shall
consist of no fewer than two members of the Board, none of whom shall be an officer or other salaried employee of any Participating Company. 

“Company” or “MDA” means MacDonald, Dettwiler and Associates Ltd., a corporation governed by the laws of
Canada or any successor thereof. 
 “Date of Grant” means the day on which an Award is made under this 2013 Plan. 

“Employee” with respect to a Participating Company means an individual who is considered an employee of the Participating
Company as defined under the Income Tax Act, (Canada) as amended, or the applicable taxation legislation in the jurisdiction of the Participating Company. 

 “Exercise Date” means the date on which the Company has received Notice from the
Grantee of intent to exercise any Appreciation Unit. 
 “Fair Market Value of a Share” means the closing sale price of the
Shares on the Stock Exchange, or, if that measure of price is not available, in a national market system for securities on the date or dates as provided hereunder. In the event that the Shares are not listed on any such market or national securities
or stock exchange, a valuation of the fair market value of a Share on such date shall be made by the Board in its sole discretion. 

“Participating Company” means the Company and any Subsidiary of the Company. 

“Person” shall mean an individual, corporation, partnership, association or other person or entity, or any group of two or
more of the foregoing that have agreed to act together. 
 “Shares” means common shares in the capital of the Company. 

“Stock Exchange” means the Toronto Stock Exchange. 

“Subsidiary” has the meaning specified in the Act. 

“Terminating Transaction” means any of the following events: (a) the dissolution or liquidation of the Company;
(b) a reorganization, merger, amalgamation or consolidation of the Company with one or more other Persons as a result of which the Company goes out of existence or becomes a Subsidiary of a corporation other than a Participating Company
immediately prior to such event or there has otherwise been an acquisition of control of the Company (within the meaning of the Income Tax Act (Canada)) by a Person other than a Participating Company immediately prior to such event or
(c) a sale of all or substantially all of the Company’s assets to a Person or entity other than a Person that was a Participating Company immediately prior to such event; or (d) a sale to one Person (or two or more Persons acting in
concert), other than to a Participating Company immediately prior to such event, of equity securities of the Company resulting in such Person or Persons holding Shares representing at least eighty percent (80%) or more of the aggregate voting
power of all outstanding equity securities of the Company. For the purposes of (c), a sale of all or substantially all of the Company’s assets means a sale determined as a sale of all or substantially all of the Company’s assets by the
Board, for the purpose and with specific reference to the 2013 Plan. 

 MacDONALD, DETTWILER AND ASSOCIATES LTD. 

 

			
	Per:	 	
	Name:	 	Daniel E. Friedmann
	Title:	 	President and Chief Executive OfficerEX-4.10

 Exhibit 4.10 

MacDONALD, DETTWILER AND ASSOCIATES LTD. 

2014 LONG TERM INCENTIVE PLAN 

AWARD AGREEMENT 
 MacDONALD, DETTWILER
AND ASSOCIATES LTD. (the “Company”), hereby grants to the grantee named below (the “Grantee”), Appreciation Units in accordance with and subject to the terms, conditions and restrictions of this Agreement together with the
provisions as set forth below: 
 Appreciation Units: 

Name of Grantee: 
 Date of Grant:

 # of Appreciation Units: 

Base Price 
  

	1.	The terms and conditions of this Agreement and all capitalized terms used herein shall, unless expressly defined in a different manner, have the meanings ascribed hereto in this Agreement, and the 2014 Plan, as the case
may be. 

  

	2.	The Appreciation Units are subject to the foregoing terms: 

  

	 	(a)	Subject to the other provisions of the Plan and of this Agreement, the Appreciation Units shall vest and become exercisable only to the extent of one-third (1/3) of the total grant on
                    and, thereafter, to the extent of an additional one-third (1/3) of the total grant on each of
                    and                     .

  

	 	(b)	The Appreciation Units shall mature on                     . 

 

	 	(c)	Upon exercise of an Appreciation Unit, by Notice to the Company, the Grantee, subject as hereinafter provided, may elect to: 

  

	 	(i)	exercise the Right to Acquire Shares; or 

  

	 	(ii)	exercise the Cash-Out Rights, thereby transferring, relinquishing and surrendering all Rights to Acquire Shares to the Company in exchange for a cash payment pursuant to the Cash-Out Rights. By exercising the Cash-Out
Rights, a Grantee relinquishes and surrenders his or her rights to elect the Right to Acquire Shares with respect to the Appreciation Units being exercised. 

  

	 	(d)	If a Grantee shall elect the Right to Acquire Shares, the Grantee shall pay to the Company an amount equal to the Base Price multiplied by the number of vested Appreciation Units being exercised plus the amount of all
Deductions payable by the Company with respect to the Grantee with respect to the Appreciation Units that are being exercised. Upon receipt by the Company of such payment, the Company shall, as soon as administratively possible, deliver to the
Grantee the number of Shares represented by the number of Appreciation Units exercised. 

  

	 	(e)	Subject to paragraph 2(g) below, if the Grantee shall elect the Cash-Out Rights, the Company shall pay to the Grantee, based on surrender to the Company of the vested Appreciation Units exercised, and as soon as
administratively possible after the Exercise Date but in any event in the calendar year in which the Appreciation Units are exercised, the Cash-Out Amount. 

  

	 	(f)	Notwithstanding the provisions of Section 21 of the 2014 Plan and paragraphs 2(c) and (d) of this Agreement, the Company may give the Grantee, together with all other grantees holding Appreciation Units under
the 2014 Plan, a Section 22(a) Election, not less than 30 days prior to the first date of any vesting of Appreciation Units granted under the 2014 Plan, thereby electing to not make a Subsection 110(1.1) Election, which Section 22(a)
Election shall apply to all Appreciation Units and, where so specified by the Company in the Section 22(a) Election, the aggregate amount payable by the Grantee pursuant to any Right to Acquire Shares shall be reduced by the Consideration
Reduction (being a reduction of $1 in total for the Grantee) so that the Grantee may not be entitled to benefits under paragraph 110(1)(d) of the Tax Act in respect of either (a) the Right to Acquire Shares in respect of all of the Appreciation
Units, where the Section 22(a) Election elects a Consideration Reduction, or (b) the Cash-Out Rights, regardless of any specified Consideration Reduction. For greater certainty, the Consideration Reduction shall not give rise to any
termination, change or novation of any such Appreciation Units nor of any other terms, conditions or rights under the 2014 Plan or this Agreement. 

  

	 	(g)	Notwithstanding the provisions of Section 21 of the 2014 Plan and paragraphs 2(c) and (e) of this Agreement, upon receipt by the Company of the Exercise Notice from the Grantee, the Company may elect to
override the Cash-Out Rights by giving an Override Notice to the Grantee within 2 Business Days of receipt of the Exercise Notice pursuant to which the Company will elect to deliver to the Grantee a number of Shares obtained by dividing the Cash-Out
Amount by the Fair Market Value of Shares on the Exercise Date. Upon receipt by the Grantee of an Override Notice, the Grantee shall have the right to give the Company a Cancellation Notice within 2 Business Days of receipt of the Override Notice,
to retract the Exercise Notice, in which even the Appreciation Units shall be reinstated to the Grantee’s AU Account as if the Exercise Notice had never been given. If no Cancellation Notice is received by the Company within the specified time
the Company shall deliver to the Grantee the number of Shares to which the Grantee is entitled as determined in the first sentence of this paragraph 2(g). If the Company does not issue an Override Notice within the time specified herein, the Company
shall comply with the obligations with respect to the Cash-Out Right as provided in paragraph 2(e) of this Agreement. 

  
 - 2 - 

	 	(h)	Notwithstanding the vesting of any Appreciation Units, subject to the terms of the 2014 Plan, the Grantee may not exercise or surrender any Appreciation Units prior to the Appreciation Unit vesting but may exercise or
surrender the Appreciation Unit at any time after they become vested and from time to time thereafter on Notice to the Company, as provided in the 2014 Plan. 

  

	 	(i)	Except as otherwise provided in and in addition to the provisions of the 2014 Plan, all Appreciation Units outstanding under the 2014 Plan shall accelerate and be deemed to have been earned on the completion of a
Terminating Transaction. Upon consummation of any such event, the 2014 Plan shall terminate. 

  

	3.	Each Notice relating to the Appreciation Unit (“Notice”) shall set forth the number of Appreciation Units to be surrendered, and shall designate the election being made by the Grantee, being either the
Right to Acquire Shares or the Cash-Out Rights. All Notices to the Company shall be delivered by any recorded electronic method of transmission and acceptance as established by the Company or shall be delivered personally or by prepaid registered
mail to its head office in Richmond, British Columbia, Attention: Corporate Secretary whereby the Company can determine acceptance or exercise by any Grantee and all notices to the Grantee shall be delivered in any one of the same manners to the
address of the Grantee on file with the Company. Either the Company or the Grantee may designate a different address or email address by Notice to the other. Such Notices shall be deemed to be received, if delivered personally or by any recorded
electronic method of transmission, on the date of delivery or sending, and if sent by mail, on the fifth (5th) Business Day following the date of mailing. 

  

	4.	The Company covenants and agrees with the Grantee (unless the Company provides Notice under Section 22(a) of the 2014 Plan to the Grantee, together with all other grantees holding of Appreciation Units under the
2014 Plan, of its contrary intention within 30 days prior to the first date of any vesting of any Appreciation Units under the 2014 Plan): 

  

	 	(i)	the Company agrees to elect pursuant to subsection 110(1.1) of the Tax Act that neither it, any Participating Company, nor any other person not dealing at arm’s length with the Company will deduct, in computing its
income for Canadian tax purposes, any amount in respect of a payment to the Grantee under the Cash Out Rights in respect of the surrender by the Grantee’s of Appreciation Units comprising their Right to Acquire Shares (the “Subsection
110(1.1) Election”); and 

  

	 	(ii)	the Company will provide the Grantee with written evidence of the Subsection 110(1.1) Election by mailing evidence of the Subsection 110(1.1) Election to the Grantee at his or her address of employment record with the
Company; and 

  
 - 3 - 

 in respect of the foregoing, the Grantee covenants and agrees that he or she will file, with his
or her income tax return for the year which includes a payment under the Cash-Out Rights, written evidence of the Company’s Subsection 110(1.1) Election. 

General 
  

	5.	The Grantee hereby agrees that: 

  

	 	(a)	this Award Agreement and the provisions hereof are subject to the terms and conditions of the 2014 Plan and if there is any inconsistence between the provisions of the Agreement and those in the 2014 Plan, the
provisions in the 2014 Plan will take precedence. 

  

	 	(b)	any rule, regulation or determination, including the interpretation by the Board of the Agreement, the 2014 Plan shall be final and conclusive for all purposes and binding on all Persons, including the Company and the
Grantee; 

  

	 	(c)	the grant of any Award under the 2014 Plan shall not affect in any way the right of the Company or any Participating Company to terminate the employment of the Grantee; and 

 

	 	(d)	the grant of any Award or Appreciation Units is solely at the discretion of the Company and the grant of any Award or Appreciation Units in any one year to the Grantee does not entitle the Grantee to any grant of any
award, appreciation units, options, share appreciation rights or any similar instruments under the 2014 Plan or any other plan established by the Company and issued or awarded from time to time. 

 

	6.	This Agreement has been made in and shall be construed under and in accordance with the laws of the Province of British Columbia and the laws of Canada applicable therein. 

 

	7.	Definitions 

 For the purposes of this Agreement, the following definitions apply: 

“2014 Plan” means the 2014 Long Term Incentive Plan, as amended from time to time. 

“Act” means the Canada Business Corporations Act, as amended. 

“Agreement” means this 2014 Long Term Incentive Plan Award Agreement or other written agreement between MDA and a Grantee that
evidences and sets out the terms and conditions of an Award. 

  
 - 4 - 

 “Appreciation Units” means an appreciation unit granted to a Grantee pursuant to
the 2014 Plan, comprising the rights granted to a Grantee under the 2014 Plan including the right of certain Grantees to acquire Shares as set forth in Award Agreements entered into as contemplated under the 2014 Plan, subject to terms and
conditions of this 2014 Plan. 
 “AU Account” means the account established on the books of the Company in respect of a
Grantee pursuant to the 2014 Plan. 
 “AU Value” with respect to any exercise of an Appreciation Unit means the positive
difference between the average of the Fair Market Value of a Share for the five Business Days up to and including the date on which notice of exercise is received by the Company less the Base Price for the Appreciation Unit being exercised. 

“Award” means the grant to a Grantee of a specified number of Appreciation Units subject to the terms of the 2014 Plan. 

“Base Price” for an Appreciation Unit means the Fair Market Value of a Share on the Date of Grant. 

“Board” means the Board of Directors of the Company. 

“Business Day” means a day on which both the Stock Exchange and banks in Vancouver, British Columbia are open for business.

 “Cancellation Notice” has the meaning as set forth in Section 22(b) of the 2014 Plan. 

“Cash-Out Amount” has the meaning as set forth in Section 7(d) of the 2014 Plan. 

“Cash-Out Rights” has the meaning set forth in Section 7(d) of the 2014 Plan. 

“Committee” means a committee of the Board designated from time to time by resolution of the Board, which committee shall
consist of no fewer than two members of the Board, none of whom shall be an officer or other salaried employee of any Participating Company. 

“Company” or “MDA” means MacDonald, Dettwiler and Associates Ltd., a corporation governed by the laws of
Canada or any successor thereof. 
 “Consideration Reduction” has the meaning as set forth in Section 22(a) of the 2014
Plan. 
 “Date of Grant” means the day on which an Award is made under this 2014 Plan. 

“Deductions” have the meaning set forth in Section 7(d) of the 2014 Plan. 

  
 - 5 - 

 “Employee” with respect to a Participating Company means an individual who is
considered an employee of the Participating Company as defined under the Income Tax Act, (Canada) as amended, or the applicable taxation legislation in the jurisdiction of the Participating Company. 

“Exercise Date” means the date on which the Company has received Notice from the Grantee of the Grantee’s exercise any
Appreciation Units. 
 “Exercise Notice” has the meaning as set forth in Section 22(b) of the 2014 Plan. 

“Fair Market Value of a Share” means the closing sale price of the Shares on the Stock Exchange, or, if that measure of price
is not available, in a national market system for securities on the date or dates as provided hereunder. In the event that the Shares are not listed on any such market or national securities or stock exchange, a valuation of the fair market value of
a Share on such date shall be made by the Board in its sole discretion. 
 “Participating Company” means the Company and any
Subsidiary of the Company. 
 “Person” shall mean an individual, corporation, partnership, association or other person or
entity, or any group of two or more of the foregoing that have agreed to act together. 
 “Right to Acquire Shares” has the
meaning set forth in Section 7(d) of the 2014 Plan. 
 “Section 22(a) Election” has the meaning as set forth in
Section 22(a) of the 2014 Plan. 
 “Shares” means common shares in the capital of the Company. 

“Stock Exchange” means the Toronto Stock Exchange. 

“Subsidiary” has the meaning specified in the Act. 

“Tax Act” means the Income Tax Act (Canada), as amended from time to time. 

“Terminating Transaction” means any of the following events: (a) the dissolution or liquidation of the Company;
(b) a reorganization, merger, amalgamation or consolidation of the Company with one or more other Persons as a result of which the Company goes out of existence or becomes a Subsidiary of a corporation other than a Participating Company
immediately prior to such event or there has otherwise been an acquisition of control of the Company (within the meaning of the Tax Act (Canada)) by a Person other than a Participating Company immediately prior to such event or (c) a sale of
all or substantially all of the Company’s assets to a Person or entity other than a Person that was a Participating Company immediately prior to such event; or (d) a sale to one Person (or two or more Persons acting in concert), other than
to a 

  
 - 6 - 

 
Participating Company immediately prior to such event, of equity securities of the Company resulting in such Person or Persons holding Shares representing at least eighty percent (80%) or
more of the aggregate voting power of all outstanding equity securities of the Company. For the purposes of (c), a sale of all or substantially all of the Company’s assets means a sale determined as a sale of all or substantially all of the
Company’s assets by the Board, for the purpose and with specific reference to the 2014 Plan. 
 MacDONALD, DETTWILER AND ASSOCIATES LTD. 

 

			
	Per:	 	
	Name:	 	Daniel E. Friedmann
	Title:	 	President and Chief Executive Officer

  
 - 7 -

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