Document:

Form of Indemnification Agreement, 2001

 Exhibit 10.14 
  
 INDEMNIFICATION AGREEMENT 
  
 INDEMNIFICATION AGREEMENT, dated as of                 , 2001, by
and between Loews Cineplex Entertainment Corporation, a Delaware corporation (the “Company”), and the director and/or officer of the Company whose name appears on the signature page of this Agreement (“Indemnitee”). 

 
 RECITALS 
  
 A. Highly competent persons are becoming more reluctant to serve
publicly-held corporations as directors or officers or in other capacities unless they are provided with reasonable protection through insurance or indemnification against risks of claims and actions against them arising out of their service to and
activities on behalf of the corporations. 
  
 B. The Board of
Directors of the Company (the “Board”) has determined that the Company should act to assure such persons that there will be increased certainty of such protection in the future. 
  
 C. It is reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify such persons to the
fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue concern that they will not be so indemnified. 
  
 D. Indemnitee is willing to serve, continue to serve and take on additional service for or on behalf of the Company on the
condition that Indemnitee be so indemnified. 
  
 AGREEMENT

  
 In consideration of the premises and the covenants
contained herein, the Company and Indemnitee do hereby covenant and agree as follows: 
  
 1. DEFINITIONS. For purposes of this Agreement: 
  
 (a) “Disinterested Director” shall mean a director of the Company who is not or was not a party to the Proceeding in respect of
which indemnification is being sought by Indemnitee. 
  
 (b) “Expenses” shall include all reasonable attorneys’ fees and costs, retainers, court costs, transcripts, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges,
postage, delivery service 

  

 
fees and all other disbursements or expenses customarily incurred in connection with asserting or defending claims. 
  
 (c) “Independent Counsel” shall mean a law firm or
lawyer that neither presently is nor in the past five years has been retained to represent: (i) the Company or Indemnitee in any matter material to either such party or (ii) any other party to the Proceeding giving rise to a claim for
indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall not include any firm or person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in
representing either the Company or Indemnitee in an action to determine Indemnitee’s right to indemnification under this Agreement. All fees and expenses of the Independent Counsel incurred in connection with acting pursuant to this Agreement
shall be borne by the Company. 
  
 (d)
“Proceeding” includes any action, suit, arbitration, alternate dispute resolution mechanism, investigation, administrative hearing or any other proceeding, whether civil, criminal, administrative or investigative; PROVIDED, HOWEVER, that
the term “Proceeding” shall include any action instituted by an Indemnitee (other than an action to enforce indemnification rights under this Agreement) only if such action is authorized by the Board of Directors. 
  
 2. SERVICE BY INDEMNITEE. Indemnitee agrees to begin or continue to serve the
Company or other corporation, partnership, joint venture, employee benefit plan, trust or other enterprise controlled by the Company or in which such Indemnitee is serving at the request of the Company (all of which are collectively referred to as
an “Affiliate”) as a director, officer, trustee or similar person. Notwithstanding anything contained herein, this Agreement shall not create a contract of employment between the Company and Indemnitee, and the termination of
Indemnitee’s relationship with the Company or an Affiliate by either party hereto shall not be restricted by this Agreement. 
  
 3. INDEMNIFICATION. The Company shall indemnify Indemnitee for, and hold Indemnitee harmless from and against, any and all Expenses, losses, claims,
liabilities, judgments, fines and amounts paid in settlement at any time incurred by or assessed against Indemnitee arising out of or in connection with the service of Indemnitee as a director, advisory director, Board Committee member, officer or
similar person with the Company or of an Affiliate (collectively referred to as an “Officer or Director of the Company”) to the fullest extent permitted by the laws of the State of Delaware in effect on the date hereof or as such laws may
from time to time hereafter be amended to increase the scope of such permitted indemnification. Without diminishing the scope of the indemnification provided by this Section 3, the rights of indemnification of Indemnitee provided hereunder shall
include but shall not be limited to those rights set forth hereinafter. 
  

 -2- 

 4. INDEMNIFICATION FOR COSTS, CHARGES AND EXPENSES OF PARTY WHO IS WHOLLY OR PARTLY SUCCESSFUL.
Notwithstanding any provision of this Agreement, to the extent that Indemnitee has been wholly successful on the merits or otherwise absolved in any Proceeding on any claim, issue or matter, Indemnitee shall be indemnified against all Expenses
incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in
such Proceeding, the Company shall indemnify Indemnitee to the maximum extent permitted by law, against all Expenses, judgments, penalties, fines and amounts paid in settlement, incurred by Indemmnitee in connection with each successfully resolved
claim, issue or matter. For purposes of this Section and without limitation, the termination of any such claim, issue or matter by dismissal with or without prejudice shall be deemed to be a successful resolution as to such claim, issue or matter.

  
 5. INDEMNIFICATION FOR EXPENSES OF A WITNESS. Notwithstanding
any other provision of this Agreement, to the extent that Indemnitee is, by reason of the fact that Indemnitee is or was an Officer or Director of the Company or any other entity which Indemmnitee is or was serving at the request of the Company, a
witness in any Proceeding, Indemnitee shall be indemnified by the Company against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. 
  
 6. ADVANCEMENT OF EXPENSES AND COSTS. All Expenses incurred by or on behalf
of Indemnitee (or reasonably expected by Indemnitee to be incurred by Indemnitee within three months) in connection with any Proceeding shall be paid by the Company in advance of the final disposition of such Proceeding within 20 days after the
receipt by the Company of a statement or statements from Indemnitee requesting from time to time such advance or advances, whether or not a determination to indemnify has been made under Section 9. Indemnitee’s entitlement to such advancement
of Expenses shall include those incurred in connection with any Proceeding by Indemnitee seeking an adjudication or award in arbitration pursuant to this Agreement. Such statement or statements shall reasonably evidence such expenses incurred (or
reasonably expected to be incurred) by Indemnitee in connection therewith and shall include or be accompanied by a written undertaking by or on behalf of Indemnitee to repay such amount if it shall ultimately be determined that Indemnitee is not
entitled to be indemnified therefor pursuant to the terms of this Agreement. The financial ability of an Indemnitee to repay an advance shall not be a prerequisite to the making of such an advance. 
  

 -3- 

 7. PROCEDURE FOR DETERMINATION OF ENTITLEMENT TO INDEMNIFICATION. 
  
 (a) When seeking indemnification under this Agreement,
Indemnitee shall submit a written request for indemnification to the Company. Such request shall include documentation or information which is reasonably necessary for the Company to make a determination of Indemnitee’s entitlement to
indemnification hereunder and which is reasonably available to Indemnitee. Determination of Indemnitee’s entitlement to indemnification shall be made promptly, but in no event later than 30 days after receipt by the Company of Indemnitee’s
written request for indemnification. The Secretary of the Company shall, promptly upon receipt of Indemnitee’s request for indemnification, advise the Board that Indemnitee has made such request for indemnification. 
  
 (b) The entitlement of Indemnitee to indemnification under
this Agreement shall be determined in the specific case by a majority vote of the Disinterested Directors whether or not constituting a quorum of the Board, unless the Board, by the majority vote of Disinterested Directors, directs that the
determination shall be made by Independent Counsel. 
  
 (c) In the event the determination of entitlement is to be made by Independent Counsel, such Independent Counsel shall be selected by the Board and approved by Indemnitee. Upon failure of the Board to so select such Independent Counsel or
upon failure of Indemnitee to so approve, such Independent Counsel shall be selected by the Chancellor of the State of Delaware or such other person as the Chancellor shall designate to make such selection. 
  
 (d) If the Board or Independent Counsel shall have
determined that Indemnitee is not entitled to indemnification to the full extent of Indemnitee’s request, Indemnitee shall have the right to seek entitlement to indemnification in accordance with the procedures set forth in Section 8 hereof.

  
 (e) If the person or persons empowered
pursuant to Section 7(b) hereof to make a determination with respect to entitlement to indemnification shall have failed to make the requested determination within 90 days after receipt by the Company of such request, the requisite determination of
entitlement to indemnification shall be deemed to have been made and Indemnitee shall be absolutely entitled to such indemnification, absent (i) misrepresentation by Indemnitee of a material fact in the request for indemnification or (ii) a final
judicial determination that all or any part of such indemnification is expressly prohibited by law. 
  
 (f) The termination of any Proceeding by judgment, order, settlement or conviction, or upon a plea of NOLO CONTENDERE or its equivalent,
shall not, of itself, adversely affect the rights of Indemnitee to indemnification hereunder except as may be specifically provided herein, or create a presumption that Indemnitee did not act in good 

  

 -4- 

 
faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or create a presumption that (with
respect to any criminal action or proceeding) Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful. 
  
 (g) For purposes of any determination of good faith hereunder, Indemnitee shall be deemed to have acted in good faith if Indemnitee’s
action is based on the records or books of account of the Company or any Affiliate, including financial statements, or on information supplied to Indemnitee by the officers of the Company or an Affiliate in the course of their duties, or on the
advice of legal counsel for the Company or an Affiliate or on information or records given or reports made to the Company or an Affiliate by an independent certified public accountant or by an appraiser or other expert selected with reasonable care
by the Company or an Affiliate. The provisions of this Section 7(g) shall not be deemed to be exclusive or to limit in any way the other circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in
this Agreement. 
  
 (h) The knowledge and/or
actions, or failure to act, of any director, officer, agent or employee of the Company or an Affiliate shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. 
  
 8. REMEDIES IN CASES OF DETERMINATION NOT TO INDEMNIFY OR TO ADVANCE
EXPENSES. 
  
 (a) In the event that (i) a
determination is made that Indemnitee is not entitled to indemnification hereunder, (ii) advances are not made pursuant to Section 6 hereof or (iii) payment has not been timely made following a determination of entitlement to indemnification
pursuant to Section 7 hereof, Indemnitee shall be entitled to seek a final adjudication in an appropriate court of the State of Delaware or any other court of competent jurisdiction of Indemnitee’s entitlement to such indemnification or
advance. 
  
 (b) In the event that a
determination has been made in accordance with the procedures set forth in Section 7 hereof, in whole or in part, that Indemnitee is not entitled to indemnification, any such judicial proceeding or arbitration shall be made DE NOVO and Indemnitee
shall not be prejudiced by reason of any such prior determination that Indemnitee is not entitled to indemnification. 
  
 (c) If a determination is made or deemed to have been made pursuant to the terms of Section 7 or 8 hereof that Indemnitee is entitled to
indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration in the absence of (i) a misrepresentation of a material fact by Indemnitee or (ii) a final judicial determination that all or any part of
such indemnification is expressly prohibited by law. 
  

 -5- 

 (d) The Company and Indemnitee agree that they shall be precluded from asserting that the
procedures and presumptions of this Agreement are not valid, binding and enforceable. The Company and Indemnitee further agree to stipulate in any such court that the Company and Indemnitee are bound by all of the provisions of this Agreement and
are precluded from making any assertion to the contrary. 
  
 (e) To the extent deemed appropriate by the court, interest shall be paid by the Company to Indemnitee at a reasonable interest rate for amounts which the Company indemnifies or is obliged to indemnify the Indemnitee.

  
 9. EXPENSES INCURRED BY INDEMNITEE TO ENFORCE THIS AGREEMENT.
Reasonable expenses incurred by Indemnitee in connection with the preparation and submission of Indemnitee’s request for indemnification hereunder shall be borne by the Company. In the event that Indemnitee is a party to or intervenes in any
proceeding in which the validity or enforceability of this Agreement is at issue or seeks an adjudication to enforce Indemnitee’s rights under, or to recover damages for breach of, this Agreement, Indemnitee, if Indemnitee prevails in whole in
such action, shall be entitled to recover from the Company and shall be indemnified by the Company against, any Expenses incurred by Indemnitee. If it is determined that Indemnitee is entitled to indemnification for part (but not all) of the
indemnification so requested, Expenses incurred in seeking enforcement of such partial indemnification shall be reasonably prorated among such claims, issues or matters for which the Indemnitee is entitled to indemnification and for such claims,
issues or matters for which the Indemnitee is not so entitled. 
  
 10. NON-EXCLUSIVITY. The rights of indemnification and to receive advances as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, a certificate
of incorporation, By-Laws, any agreement, a vote of stockholders or a resolution of directors or otherwise. No amendment, alteration, rescission or replacement of this Agreement or any provision hereof shall be effective as to Indemnitee with
respect to any action taken or omitted to be taken by such Indemnitee in Indemnitee’s position with the Company or an Affiliate or any other entity which Indemnitee is or was serving at the request of the Company prior to such amendment,
alteration, rescission or replacement. 
  
 11. DURATION OF
AGREEMENT. This Agreement shall apply to any claim asserted and any Expenses incurred in connection with any claim asserted on or after the effective date of this Agreement and shall continue until and terminate upon the later of the date: (a) 10
years after Indemnitee has ceased to occupy any of the positions or have any of the relationships described in Section 3 of this Agreement; or (b) one year after the final termination of all pending or threatened Proceedings of the kind described
herein with 

  

 -6- 

 
respect to Indemnitee. This Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and
Indemnitee’s spouse, assigns, heirs, devisee, executors, administrators or other legal representatives. 
  
 12. SEVERABILITY. Should any part, term or condition hereof be declared illegal or unenforceable or in conflict with any other law, the validity of the
remaining portions or provisions of this Agreement shall not be affected thereby, and the illegal or unenforceable portions of this Agreement shall be and hereby are redrafted to conform with applicable law, while leaving the remaining portions of
this Agreement intact. 
  
 13. COUNTERPARTS. This Agreement may be
executed in several counterparts, each of which shall be deemed an original, but all of which shall be deemed an original, but all of which together shall constitute one and the same document. 
  
 14. HEADINGS. Section headings are for convenience only and do not control or
affect meaning or interpretation of any terms or provisions of this Agreement. 
  
 15. MODIFICATION AND WAIVER. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by each of the parties hereto. 
  
 16. NO DUPLICATIVE PAYMENT. The Company shall not be liable under this
Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise. 
  
 17. NOTICES. All notices, requests, demands and other communications provided
for by this Agreement shall be in writing (including telecopier or similar writing) and shall be deemed to have been given at the time when mailed in any general or branch office of the United States Postal Service, enclosed in a registered or
certificated postpaid envelope, or sent by Federal Express or other similar overnight courier service, addressed to the address of the parties stated below or to such changed address as such party may have fixed by notice or, if given by telecopier,
when such telecopy is transmitted and the appropriate answer back is received. 
  
 (a) If to Indemnitee, to the address appearing on the signature page hereof. 
  

 -7- 

 (b) If to the Company to: 
  
 Loews Cineplex Entertainment Corporation 
 711 Fifth Avenue 
 New York, NY 10022 
 Attention: President and Chief Executive Officer 
  
 18. GOVERNING LAW. The parties agree that this Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the
State of Delaware without regard to its conflicts of law rules. 
  
 19. ENTIRE AGREEMENT. This Agreement constitutes the entire understanding between the parties and supersedes all proposals, commitments, writings, negotiations and understandings, oral and written, and all other communications between the
parties relating to the subject matter of this Agreement. A waiver by any party of any breach or violation of this Agreement shall not be deemed or construed as a waiver of any subsequent breach or violation thereof. 
  

 -8- 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

  

			
	 LOEWS CINEPLEX ENTERTAINMENT
 CORPORATION

		
	 By:
	 	 
	 	 	 [Name]

		
	 Its:
	 	 [Title]

	
	 INDEMNITEE

	
	 
	
	 Signature

	
	 
	
	 Name (Printed)

	
	 
	
	 Address

	
	 
	
	 City and State

	
	 
	
	 Telecopier Number

  

 -9-FORM OF OPTION AGREEMENT OF LCE HOLDINGS, INC. AND LCE INTERMEDIATE HOLDINGS

 Exhibit 10.15 
  
 [FORM OF OPTION AGREEMENT] 
  
                                        
                 Optionee: 
  
 This Option and any securities issued upon exercise of this Option are subject to restrictions on voting and transfer and requirements of sale, rights of the Optionee and other provisions as set forth in the
Management Stockholders Agreement, dated as of January 12, 2005, among LCE Holdings, Inc., LCE Intermediate Holdings, Inc., LCE Holdco LLC, Loews Cineplex Entertainment Corporation and certain optionholders and stockholders of LCE Holdings, Inc. and
LCE Intermediate Holdings, Inc. from time to time party thereto (as amended from time to time, the “Management Stockholders Agreement”) (this Option and any securities issued upon exercise of this Option constitute Management Shares
as defined therein). 
  
 LCE HOLDINGS, INC. AND 
 LCE INTERMEDIATE HOLDINGS, INC. 
  
 OPTION AGREEMENT 
  
 This option (the “Agreement”) is granted by LCE Holdings, Inc. and LCE Intermediate Holdings, Inc. (collectively, the
“Companies”, and, as applicable, the “Company”), to the Optionee, pursuant to the Companies’ 2004 Management Stock Option Plan, as amended from time to time (the “Plan”). For the purpose of
this Agreement, the “Reference Date” shall mean July 30, 2004, regardless of the date on which this Agreement is entered into. 
  
 1.     Grant of Option. This Agreement evidences the grant by the Company as of the Reference Date to the Optionee of an option
to purchase (the “Option”), in whole or in part, on the terms provided herein and in the Plan, the number of Class A Common Shares, Class L Common Shares and Preferred Shares in each of Tranche 1, Tranche 2 and Tranche 3 as set
forth on Exhibit A hereto at the following prices per share: 
  
 (a) Class A Common Shares of LCE Holdings, Inc., par value $.001 per share (the “Class A Common Shares”), at $1.00 per share which shall vest and become exercisable in accordance with Section 2 below;

  
 (b) Class L Common Shares of LCE Holdings,
Inc., par value $.001 per share (the “Class L Common Shares”), at $81.00 per share which shall vest and become exercisable in accordance with Section 2 below; and 
  
 (c) Cumulative Preferred Shares of LCE Intermediate Holdings, Inc., par value $.001 per share (the
“Preferred Shares”), at $100.00 per share which shall vest and become exercisable in accordance with Section 2 below. 
  
 2.     Vesting.  
  
 (a) Subject to Section 10, the Tranche 1 Options will vest and become exercisable in five equal annual installments on July 30th of each of 2005, 2006, 2007, 2008 and 2009. 

 (b) Subject to Section 10, the Tranche 2 Options will vest and become exercisable upon
the earlier to occur of (i) the seventh anniversary of the Reference Date and (ii) the occurrence of a Tranche 2 Liquidity Vesting Event; provided, however, that, subject to the foregoing, in the event of the earlier occurrence of a
Tranche 2 Non-Liquidity Vesting Event the Tranche 2 Options will vest and become exercisable in five equal annual installments on July 30th of each of 2005, 2006, 2007, 2008 and 2009. 
  
 (c) Subject to Section 10, the Tranche 3 Options will vest and become exercisable upon the earlier to occur of (i) the seventh anniversary of the Reference Date and (ii) the occurrence of a Tranche 3 Liquidity Vesting
Event; provided, however, that, subject to the foregoing, in the event of the earlier occurrence of a Tranche 3 Non-Liquidity Vesting Event the Tranche 3 Options will vest and become exercisable in five equal annual installments on
July 30th of each of 2005, 2006, 2007, 2008 and 2009. 
  
 3.     Exercise of Option. Each election to exercise this Option shall be subject to the terms
and conditions of the Plan and shall be in writing, signed by the Optionee or by his or her liquidator or executor or administrator or by the person or persons to whom this Option is transferred by will or the applicable laws of descent and
distribution (subject to any restrictions provided under the Plan) and made pursuant to and in accordance with the terms and conditions set forth in the Plan. The Optionee shall not exercise this Option as to any shares unless such Optionee
simultaneously exercises this Option as to a proportionate number of Class A Common Shares, Class L Common Shares and Preferred Shares. The latest date on which this Option may be exercised is July 30, 2014, subject to earlier termination in
accordance with the terms and provisions of the Plan and this Agreement. 
  
 4.     Representations and Warranties of the Parties. Each of the Companies and the Optionee represent and warrant to each other that: 
  
 (a) Authorization. Such party has full legal
capacity, power, and authority to execute and deliver this Agreement and to perform such party’s obligations hereunder. This Agreement has been duly executed and delivered by such party and is the legal, valid, and binding obligation of such
party enforceable against such party in accordance with the terms hereof. 
  
 (b) No Conflicts. The execution, delivery, and performance by such party of this Agreement and the consummation by such party of the transactions contemplated hereby will not, with or without the giving of
notice or lapse of time, or both (i) violate in any material respect any provision of law, statute, rule or regulation to which such party is subject, (ii) violate in any material respect any order, judgment or decree applicable to such party, or
(iii) conflict with, or result in a breach of default under, any term or condition of any agreement or other instrument to which such party is a party or by which such party is bound. 
  
 (c) No Other Agreements. Except as provided by this Agreement, the Management Stockholders Agreement,
the Registration Rights Agreement and the Plan, such party is not a party to or subject to any agreement or arrangement with respect to the voting or transfer of this Option or the Shares issued upon exercise hereof. 
  

 2 

 (d) Thorough Review, etc. Optionee has thoroughly reviewed the Plan and this
Agreement in their entirety. Optionee has had an opportunity to obtain the advice of independent counsel (other than counsel to the Company or its Affiliates) prior to executing this Agreement, and fully understands all provisions of the Plan and
this Agreement. 
  
 5.     Other
Agreements. Optionee acknowledges and agrees that the shares received upon exercise of this Option shall be subject to the Management Stockholders Agreement and the transfer and other restrictions, rights, and obligations set forth therein, and
Optionee further acknowledges that, as a condition to receiving this Option, Optionee must execute, join and become a party to the Management Stockholders Agreement as a Manager (as such term is defined in the Management Stockholders Agreement) and
to the Registration Rights Agreement and by executing the signature page of this Option Agreement, Optionee shall be deemed to have executed, joined and become party to the Management Stockholders Agreement as a Manager and the Registration Rights
Agreement. 
  
 6.     Confidential
Information. 
  
 (a) The Optionee
acknowledges that the Company and its Affiliates continually develop Confidential Information, that the Optionee may develop Confidential Information for the Company or its Affiliates and that the Optionee may learn of Confidential Information
during the course of employment. The Optionee will comply with the policies and procedures of the Company and its Affiliates for protecting Confidential Information and shall not disclose to any Person or use, other than as required by applicable
law or for the proper performance of his duties and responsibilities to the Company and its Affiliates, any Confidential Information obtained by the Optionee incident to his employment or other association with the Company or any of its Affiliates.
The Optionee understands that this restriction shall continue to apply after his employment terminates, regardless of the reason for such termination. 
  
 (b) All documents, records, tapes and other media of every kind and description relating to the business, present or otherwise, of the
Company or its Affiliates and any copies, in whole or in part, thereof (the “Documents”), whether or not prepared by the Optionee, shall be the sole and exclusive property of the Company and its Affiliates. The Optionee shall
safeguard all Documents and shall surrender to the Company at the time his employment terminates, or at such earlier time or times as the Board or its designee may specify, all Documents then in the Optionee’s possession or control. 

 
 7.     Non-Solicitation. The Optionee agrees
that some restrictions on his activities during and after his employment are necessary to protect the goodwill, Confidential Information and other legitimate interests of the Company and its Affiliates. That being the case, the Optionee agrees that
while he is employed by the Company and for one year thereafter, the Optionee will not hire or attempt to hire any employee of the Company or any of its Affiliates at the time of termination of his employment or at any time during the 90 days
preceding such termination, directly or indirectly solicit for hire any such employee on behalf of any Person, encourage any such employee to terminate his or her relationship with the Company or any of its 

  

 3 

 
Affiliates, or solicit or encourage any vendor of the Company or any of its Affiliates to terminate or diminish its relationship with them. 
  
 8.     Assignment of Rights to Intellectual
Property. The Optionee shall promptly and fully disclose all Intellectual Property to the Company. The Optionee hereby assigns and agrees to assign to the Company (or as otherwise directed by the Company) the Optionee’s full right, title
and interest in and to all Intellectual Property. The Optionee agrees to execute any and all applications for domestic and foreign patents, copyrights or other proprietary rights and to do such other acts (including without limitation the execution
and delivery of instruments of further assurance or confirmation) requested by the Company to assign the Intellectual Property to the Company and to permit the Company to enforce any patents, copyrights or other proprietary rights to the
Intellectual Property. The Optionee will not charge the Company for time spent in complying with these obligations. All copyrightable works that the Optionee creates shall be considered “work made for hire.” 
  
 9.     Enforcement of Covenants. The Optionee
acknowledges that he has carefully read and considered all the terms and conditions of this Agreement, including the restraints imposed upon him pursuant to Sections 6, 7 and 8 hereof. The Optionee agrees that said restraints are necessary for the
reasonable and proper protection of the Company and its Affiliates and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area. The Optionee further acknowledges that, were he to
breach any of the covenants contained in Sections 6, 7 and 8 hereof, the damage to the Company would be irreparable. The Optionee therefore agrees that the Company, in addition to any other remedies available to it, shall be entitled to preliminary
and permanent injunctive relief against any breach or threatened breach by the Optionee of any of said covenants, without having to post bond. The parties further agree that, in the event that any provision of Sections 6, 7 and 8 hereof shall be
determined by any court of competent jurisdiction to be unenforceable by reason of its being extended over too great a time, too large a geographic area or too great a range of activities, such provision shall be deemed to be modified to permit its
enforcement to the maximum extent permitted by law. 
  
 10.     Change of Control. Immediately following a Change of Control, all unvested Options shall terminate. 
  
 11.     Limited Transferability. The Option shall be transferable by the Optionee to the extent set forth in the Management
Stockholders Agreement as in effect on the date hereof (and, with respect to any additional rights or transfer, as such agreement may be amended from time to time) or as may be permitted by the Administrator in accordance with Section 6(b) of the
Plan. 
  
 12.     Legends. Certificates
evidencing any shares issued upon exercise of the Option granted hereby shall bear a legend in substantially the form required by the Management Stockholders Agreement. 
  
 13.     Status Change. Upon the termination of the Optionee’s employment with, or other
service to, the Company or its Subsidiaries, this Option shall continue or terminate, as and to the extent provided in the Plan. 
  

 4 

 14.     Effect on Employment. Neither the grant of this Option, nor the
issuance of shares upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such
Optionee at any time, or affect any right of such Optionee to terminate his or her employment at any time. 
  
 15.     Provisions of the Plan. This Agreement is subject in its entirety to the provisions of the Plan, which are incorporated
herein by reference. A copy of the Plan as in effect on the date of the grant of this Stock Option has been furnished to the Optionee. By exercising all or any part of this Option, the Optionee agrees to be bound by the terms of the Plan and this
Option. In the event of any conflict between the terms of this Agreement and the Plan, the terms of this Agreement shall control. 
  
 16.     Governing Law. This Agreement and all claims arising out of or based upon this Agreement or relating to the subject
matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of New York without giving effect to any choice or conflict of laws provision or rule that would cause the application of the domestic
substantive laws of any other jurisdiction. 
  
 17.     Definitions. The initially capitalized terms used herein shall have the meanings set forth herein in the parenthetical following such term or as set forth below. Initially capitalized terms not otherwise
defined herein shall have the meaning provided in the Plan or the Management Stockholders Agreement. 
  
 “Aggregate Sponsor Investment” means $421,670,572.29. 
  
 “Consideration Value” means, at any time, (i) in the case of cash or cash equivalents the
actual amount of such cash or cash equivalents and (ii) in the case of Marketable Securities, the weighted average trading price (by dollar volume) of such Marketable Securities for the most recent 30 trading days for such securities prior to the
date of the delivery thereof as consideration and (iii) in the case of all other consideration the fair value of said consideration as of the date of the delivery thereof as determined in good faith by the Board. 
  
 “Change of Control” has the meaning set
forth in the Management Stockholders Agreement. 
  
 “Confidential Information” means any and all information of the Company and its Affiliates that is not generally known by others with whom they compete or do business, or with whom any of them plans to compete or do
business and any and all information, publicly known in whole or in part or not, which, if disclosed by the Company or its Affiliates would assist in competition against them. Confidential Information includes without limitation such information
relating to (i) the development, research, testing, manufacturing, marketing and financial activities of the Company and its Affiliates, (ii) the Products, (iii) the costs, sources of supply, financial performance and strategic plans of the Company
and its Affiliates, (iv) the identity and characteristics of the customers of the Company and its Affiliates and (v) the people and organizations 

  

 5 

 
with whom the Company and its Affiliates have business relationships and those relationships. Confidential Information also includes any information that the
Company or any of its Affiliates have received, or may receive hereafter, belonging to customers or others with any understanding, express or implied, that the information would not be disclosed. 
  
 “Intellectual Property” means inventions,
discoveries, developments, methods, processes, compositions, works, concepts and ideas (whether or not patentable or copyrightable or constituting trade secrets) conceived, made, created, developed or reduced to practice by the Executive (whether
alone or with others, whether or not during normal business hours or on or off Company premises) during the Executive’s employment and during the period of three (3) months immediately following termination of his/her employment that relate to
either the business or any prospective activity of the Company or any of its Affiliates or that make use of Confidential Information or any of the equipment or facilities of the Company or any of its Affiliates. 
  
 “Marketable Securities” means any
securities that are (i) listed or traded on a any established trading market or quotation system for the trading of securities, including any established electronic securities market and have an average daily trading volume of over $20 million
(calculated on 30-day weighted average (by dollar volume) basis) and (ii) tradable in the United States without any further registration under applicable securities laws. 
  
 “Original Sponsor Shares” means the Shares originally issued to the Sponsors pursuant to
the Sponsor Subscription Agreement. 
  
 “Person” means an individual, a corporation, a limited liability company, an association, a partnership, an estate, a trust and any other entity or organization of any kind, other than the Company or any of its Affiliates.

  
 “Registration Rights
Agreement” means the Registration Rights Agreement dated as of July 30, 2004 among LCE Holdings, Inc., LCE Intermediate Holdings, Inc., LCE Holdco LLC, LCE Acquisition Corporation and the investors listed on Schedule 1 thereto. 

 
 “Shares” means Class A Common Shares,
Class L Common Shares, Preferred Shares and any security received in consideration therefor. 
  
 “Sponsor Subscription Agreement” means the Stock Subscription Agreement, dated as of July 30, 2004, among LCE Holdings,
Inc., LCE Intermediate Holdings, Inc., LCE Holdco LLC, LCE Acquisition Corporation and the investors listed on Schedule 1 thereto. 
  
 “Sponsors” means, collectively, the Bain Investors, the Carlyle Investors and the Spectrum Investors. 
  
 “Tranche 2 Liquidity Vesting Event” means
(i) a Change of Control transaction in which the Consideration Value of the cash, cash equivalents or Marketable Securities 

  

 6 

 
represent at least 60% of the Consideration Value of the consideration that the Sponsors receive for their Shares sold in such transaction or (ii) a
transaction which includes the first Transfer by one or more Sponsors at or after the IPO (other than to an affiliated fund) in connection with which Sponsor(s) receive cash, cash equivalents or Marketable Securities in consideration for Shares
representing at least 25% of the Original Sponsor Shares, in either case, in connection with which the sum of (A) the Consideration Value of the net consideration received by the Sponsors in respect of the Original Sponsor Shares (assuming (x)
conversion or exercise of (i) all options and convertible securities that are then exercisable, convertible or exchangeable or which will become exercisable, convertible or exchangeable on or prior to, or by reason of, the Tranche 2 Liquidity
Vesting Event, (ii) without regard to the foregoing, all Tranche 2 Options issued by the Company to any Participant, in each case, taking into account the conversion or exercise price thereof and (y) all Original Sponsor Shares that continue to be
held by the Sponsors were Transferred in such transaction for the same net per share consideration) plus (B) the aggregate amount of the Consideration Value of any net consideration paid with respect to the Original Sponsor Shares pursuant to
any previous transaction(s), equals or exceeds two times (2x) the Aggregate Sponsor Investment. 
  
 “Tranche 2 Non-Liquidity Vesting Event” means a Change of Control transaction in which the Consideration Value of the
cash, cash equivalents or Marketable Securities represent less than 60% of the Consideration Value of the consideration that the Sponsors receive for their Shares sold in such transaction (such actual percentage, the “Cash Percentage”), in
connection with which the sum of (A) the Consideration Value of the net consideration received by the Sponsors in respect of the Original Sponsor Shares (assuming (x) conversion or exercise of (i) all options and convertible securities that are then
exercisable, convertible or exchangeable or which will become exercisable, convertible or exchangeable on or prior to, or by reason of, the Tranche 2 Non-Liquidity Vesting Event, (ii) without regard to the foregoing, all Tranche 2 Options issued by
the Company to any Participant, in each case, taking into account the conversion or exercise price thereof and (y) all Original Sponsor Shares that continue to be held by the Sponsors were Transferred in such transaction for the same net per share
consideration) plus (B) the aggregate amount of the Consideration Value of any net consideration paid with respect to the Original Sponsor Shares pursuant to any previous transaction(s), equals or exceeds two times (2x) the Aggregate Sponsor
Investment.  
  
 “Tranche 3
Liquidity Vesting Event” means (i) a Change of Control transaction in which the Consideration Value of the cash, cash equivalents or Marketable Securities represent at least 60% of the Consideration Value of the consideration that the
Sponsors receive for their Shares sold in such transaction or (ii) a transaction which includes the first Transfer by one or more Sponsors at or after the IPO (other than to an affiliated fund) in connection with which Sponsor(s) receive cash, cash
equivalents or Marketable Securities in consideration for Shares representing at least 25% of the Original Sponsor Shares, in either case, in connection with which the sum of (A) the Consideration Value of the net consideration received by the
Sponsors in respect of the Original Sponsor Shares (assuming (x) conversion or exercise of (i) all options and convertible securities that are then exercisable, convertible or exchangeable or which will become exercisable, convertible or
exchangeable on or prior to, or by reason of, the Tranche 3 Liquidity 

  

 7 

 
Vesting Event, (ii) without regard to the foregoing, all Tranche 2 Options and Tranche 3 Options issued by the Company to any Participant, in each case,
taking into account the conversion or exercise price thereof and (y) all Original Sponsor Shares that continue to be held by the Sponsors were Transferred in such transaction for the same net per share consideration) plus (B) the aggregate
amount of the Consideration Value of any net consideration paid with respect to the Original Sponsor Shares pursuant to any previous transaction(s), equals or exceeds three times (3x) the Aggregate Sponsor Investment. 
  
 “Tranche 3 Non-Liquidity Vesting Event”
means a Change of Control transaction in which the Consideration Value of the cash, cash equivalents or Marketable Securities represent less than 60% of the Consideration Value of the consideration that the Sponsors receive for their Shares sold in
such transaction (such actual percentage, the “Cash Percentage”) in connection with which the sum of (A) the Consideration Value of the net consideration received by the Sponsors in respect of the Original Sponsor Shares (assuming (x)
conversion or exercise of (i) all options and convertible securities that are then exercisable, convertible or exchangeable or which will become exercisable, convertible or exchangeable on or prior to, or by reason of, the Tranche 3 Non-Liquidity
Vesting Event, (ii) without regard to the foregoing, all Tranche 2 Options and Tranche 3 Options issued by the Company to any Participant, in each case, taking into account the conversion or exercise price thereof and (y) all Original Sponsor Shares
that continue to be held by the Sponsors were Transferred in such transaction for the same net per share consideration) plus (B) the aggregate amount of the Consideration Value of any net consideration paid with respect to the Original
Sponsor Shares pursuant to any previous transaction(s), equals or exceeds three times (3x) the Aggregate Sponsor Investment. 
  
  

 8 

 IN WITNESS WHEREOF, each Company has caused this Option to be executed under its corporate seal by its
duly authorized officer. This Option shall take effect as a sealed instrument. 
  

			
	LCE HOLDINGS, INC.
		
	By:	 	 
	 	 	 Name:
 Title:

  
  
  

			
	LCE INTERMEDIATE HOLDINGS, INC.
		
	By:	 	 
	 	 	 Name:
 Title:

  
 Dated: January , 2005

  
 Acknowledged and Agreed 
  
  
  

 Exhibit A 
  

									
	 	  	Tranche 1

	  	Tranche 2

	  	Tranche 3

	  	Total

	 Class A Common Stock
	  	 	  	 	  	 	  	 
					
	 Class L Common Stock
	  	 	  	 	  	 	  	 
					
	 Cumulative Preferred Stock

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}]]