Document:

EX-10.2

 Exhibit 10.2 

iHEARTMEDIA, INC. 
 Non-Employee Director Restricted Stock Unit Award Agreement 
 This
Non-Employee Director Restricted Stock Unit Award Agreement (this “Award Agreement”), dated as of             , 2019 (the
“Effective Date”), evidences the grant of RSUs pursuant to the provisions of the 2019 Incentive Equity Plan (the “Plan”) of iHeartMedia, Inc. (the “Company”) to the individual whose name appears
below (“Participant”), covering the specific number of shares of Common Stock (the “Shares”) set forth below and on the following terms and conditions. Capitalized terms that are used but not otherwise defined
herein shall have the meanings ascribed to such terms in the Plan. 
  

	1.	 Name of
Participant:                                      
        

  

	2.	 Number of RSUs:
                                     
            

  

	3.	 Date of grant of the
RSUs:                                    

  

	4.	 Vesting:
                                        
                         

 

	 	a.	 Subject to Participant’s continued service on the Board through each applicable vesting date,
[                            ]. 

 

	 	b.	 Notwithstanding anything to the contrary contained in Section 4.a hereof, upon a
Participant’s termination by the Company without Cause, the Participant’s RSUs that would vest on the next regularly scheduled vesting date shall vest on a pro rata basis through the date of such termination (based on the number of
completed days of service). 

  

	 	c.	 Notwithstanding anything to the contrary contained in Section 4.a hereof, 100% of the
RSUs shall vest immediately prior to the consummation of a Change in Control. 

  

	 	d.	 Subject to Section 4.b hereof, vesting shall cease immediately upon termination of
Participant’s service on the Board for any reason, and any portion of the RSUs that has not vested on or prior to the date of such termination shall be forfeited on such date. Once vesting has occurred, the vested portion will be settled at the
time or times specified in Section 6 hereof. 

  

	5.	 Each RSU is granted together with Dividend Equivalents, which Dividend Equivalents will be (a) paid in the
same form (cash or stock) in which the corresponding dividends are paid to the stockholders and (b) subject to the same vesting and forfeiture provisions as the RSUs granted pursuant to Section 2. Any payments made
pursuant to Dividend Equivalents will be paid in either cash or in shares of Common Stock, or any combination thereof, effective as of the date of settlement under Section 6 below. 

	6.	 Promptly following, and in any event within sixty (60) days of, the vesting of the RSUs, Participant shall
receive the number of shares of Common Stock that corresponds to the number of RSUs that have become vested on the applicable vesting date. Notwithstanding anything to the contrary in the foregoing, if Participant’s termination pursuant to
Section 4.b occurs prior to the first to occur of (a) one hundred and eighty (180) days after the pricing of of an underwritten public offering of the Common Stock that occurs following the Effective Date and
(b) two (2) business days after the first day that the Common Stock becomes listed on a nationally recognized securities exchange through a direct listing that does not occur in conjunction with an underwritten public offering (as applicable,
the “Initial Public Date”), settlement of Participant’s vested RSUs shall occur on the earlier of (i) the Initial Public Date and (ii) March 15th of the calendar year immediately following the calendar year in which
such termination occurred. 

  

	7.	 Participant is solely liable for all income tax, social security tax, payroll tax and other tax-related withholding (“Tax-Related Items”), and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting or settlement of the RSUs or the subsequent sale of any Shares and (b) does not commit to structure the RSUs to reduce or eliminate Participant’s
liability for Tax-Related Items. 

  

	8.	 Participant hereby acknowledges receipt of a copy of the Plan attached hereto as Annex A as presently in
effect. All of the terms and conditions of the Plan are incorporated herein by reference and the RSUs are subject to such terms and conditions in all respects. This Award Agreement and the Plan constitute the entire agreement of the parties with
respect to the subject matter hereof, and supersede any prior written or oral agreements. 

  

	9.	 Nothing in the Plan or this Award Agreement shall confer upon Participant any right to continue to provide
services to the Company or any of its Subsidiaries or Affiliates, or interfere in any way with any right of the Company or any of its Subsidiaries or Affiliates to terminate such service at any time for any reason whatsoever (whether for Cause or
without Cause) without liability to the Company or any of its Subsidiaries or Affiliates. 

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INTENTIONALLY LEFT BLANK] 
 [SIGNATURE PAGE FOLLOWS] 

 IN WITNESS WHEREOF, the parties hereto have executed this
Non-Employee Director Restricted Stock Unit Award Agreement as of the date first written above. 
  

	
	iHEARTMEDIA, INC.
	
	  

	Name:
	Title:
	
	PARTICIPANT
	
	  

	Name:EX-10.3

 Exhibit 10.3 

iHEARTMEDIA, INC. 
 Non-Employee Director Non-Qualified Stock Option Award Agreement 
 This Non-Employee Director Non-Qualified Stock Option Award Agreement (this “Award Agreement”), dated as of
            , 2019 (the “Effective Date”), evidences the grant of an Option pursuant to the provisions of the 2019 Incentive Equity Plan (the “Plan”) of
iHeartMedia, Inc. (the “Company”) to the individual whose name appears below (“Participant”), covering the specific number of shares of Common Stock (the “Shares”) set forth below and on the
following terms and conditions. Capitalized terms that are used but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan. 
  

	1.	 Name of Participant:
                                        
                             

 

	2.	 Number of Shares subject to the Option:
                                     

 

	3.	 Exercise price per Share subject to the Option:
$                         1 

 

	4.	 Date of grant of the Option:
                                        
                 

  

	5.	 Term of Option: Option will terminate on March 15, 2020. 

 

	6.	 Type of Option: Non-Qualified Stock Option

  

	7.	 Vesting: 

  

	 	a.	 100% of the total number of Shares subject to the Option shall be vested and exercisable on the date of grant.

  

	 	b.	 Notwithstanding anything to the contrary contained herein, the Option shall not be exercisable, and shall be
void and of no further force and effect, after the expiration of the Option term. Upon a termination of Participant’s service on the Board other than for Cause, Participant shall have until the earlier of (i) the expiration of the Option
term and (ii) 90 days from the date of termination, in which to exercise the vested portion of Participant’s Option. In the event of a Participant’s termination of service for Cause, the Option shall automatically terminate on the date of
such termination. 

  

	8.	 If Participant wishes to exercise the Option, in whole or in part, Participant shall submit to the Company a
notice of exercise, in the manner hereinafter designated by the Company (in its sole discretion), specifying the exercise date and the number of Shares to be purchased pursuant to such exercise. The exercise price may be satisfied through a
“net exercise” as contemplated by the Plan; provided, the Participant may elect to forgo such “net exercise” procedure by making such election and remitting to the Company in a form satisfactory to the Company (in its sole
discretion) the exercise price. 

  

	1 	 The exercise price per Share shall be calculated assuming an aggregate equity value of the Company of
$3,000,000,000. 

	9.	 Participant is solely liable for all income tax, social security tax, payroll tax and other tax-related withholding (“Tax-Related Items”), and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant or exercise of the Option or the subsequent sale of any Shares and (b) does not commit to structure the Option to reduce or eliminate Participant’s liability
for Tax-Related Items. 

  

	10.	 Participant hereby acknowledges receipt of a copy of the Plan attached hereto as Annex A as presently in
effect. All of the terms and conditions of the Plan are incorporated herein by reference and the Option is subject to such terms and conditions in all respects. This Award Agreement and the Plan constitute the entire agreement of the parties with
respect to the subject matter hereof, and supersede any prior written or oral agreements. 

  

	11.	 Nothing in the Plan or this Award Agreement shall confer upon Participant any right to continue to provide
services to the Company or any of its Subsidiaries or Affiliates, or interfere in any way with any right of the Company or any of its Subsidiaries or Affiliates to terminate such service at any time for any reason whatsoever (whether for Cause or
without Cause) without liability to the Company or any of its Subsidiaries or Affiliates. 

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INTENTIONALLY LEFT BLANK] 
 [SIGNATURE PAGE FOLLOWS] 

 IN WITNESS WHEREOF, the parties hereto have executed this
Non-Employee Director Non-Qualified Stock Option Award Agreement as of the date first written above. 

 

	
	iHEARTMEDIA, INC.
	
	  

	Name:
	Title:
	
	PARTICIPANT
	
	  

	Name:EX-10.4

 Exhibit 10.4 

iHEARTMEDIA, INC. 

Restricted Stock Unit Award Agreement 

This Restricted Stock Unit Award Agreement (this “Award Agreement”), dated as of
            , 2019 (the “Effective Date”), evidences the grant of RSUs pursuant to the provisions of the 2019 Incentive Equity Plan (the “Plan”) of
iHeartMedia, Inc. (the “Company”) to the individual whose name appears below (“Participant”), covering the specific number of shares of Common Stock (the “Shares”) set forth below and on the
following terms and conditions. Capitalized terms that are used but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan. 
  

	1.	 Name of
Participant:                                      
                

  

	2.	 Number of RSUs:
                                        
                 

  

	3.	 Date of grant of the
RSUs:                                       
     

  

	4.	 Vesting:
                                         
                                

 

	 	a.	 Except as otherwise expressly provided in Section 4.b hereof, subject to
Participant’s continued employment or service through each applicable vesting date, (i) 20% of the RSUs (the “Initial Tranche”) shall vest on the earlier to occur of (A) one hundred and eighty (180) days after the
pricing of an underwritten public offering of the Common Stock that occurs following the Effective Date and (B) two (2) business days after the first day that the Common Stock becomes listed on a nationally recognized securities exchange
through a direct listing that does not occur in conjunction with an underwritten public offering (as applicable, the “Initial Vesting Date”), and (ii) an additional 20% of the RSUs shall vest on each of the first four
(4) anniversaries of the date of grant. 

  

	 	b.	 Notwithstanding anything to the contrary contained in Section 4.a hereof, upon a
Participant’s Qualifying Termination, (i) 100% of the unvested RSUs shall vest, if such Qualifying Termination occurs on or before the first anniversary of the date of grant; (ii) 50% of the unvested RSUs shall vest, if such Qualifying
Termination occurs after the first anniversary and on or before the second anniversary of the date of grant; and (iii) 25% of the unvested RSUs shall vest, if such Qualifying Termination occurs after the second anniversary and on or before the third
anniversary of the date of grant; provided, that if a Participant undergoes a Qualifying Termination or is terminated due to death or Disability, in each case, prior to the Initial Vesting Date, the Initial Tranche shall vest on the date of such
termination. 

  

	 	c.	 Notwithstanding anything to the contrary contained in Section 4.a hereof, 100% of the
RSUs shall vest immediately prior to the consummation of a Change in Control. 

  

	 	d.	 Subject to Section 4.b hereof, vesting shall cease immediately upon termination of
Participant’s employment or service for any reason, and any portion of the RSUs that has not vested on or prior to the date of such termination shall be forfeited on such date. Once vesting has occurred, the vested portion will be settled at
the time specified in Section 6 hereof. 

	5.	 Each RSU is granted together with Dividend Equivalents, which Dividend Equivalents will be (a) paid in the
same form (cash or stock) in which the corresponding dividends are paid to the stockholders and (b) subject to the same vesting and forfeiture provisions as the RSUs granted pursuant to Section 2. Any payments made
pursuant to Dividend Equivalents will be paid in either cash or in shares of Common Stock, or any combination thereof, effective as of the date of settlement under Section 6 below. 

 

	6.	 Promptly following, and in any event within sixty (60) days of, the vesting of the RSUs, the Participant
shall receive the number of shares of Common Stock that corresponds to the number of RSUs that have become vested on the applicable vesting date, less any shares of Common Stock withheld by the Company pursuant to Section 6.6 of the Plan (if
any) to “net settle” the Participant’s RSUs as contemplated therein. Notwithstanding anything to the contrary in the foregoing, if Participant’s Qualifying Termination (or, with respect to the Initial Tranche, termination due to
death or disability) occurs prior to the Initial Vesting Date, settlement of Participant’s vested RSUs shall occur on the earlier of (a) the Initial Vesting Date and (b) March 15th of the calendar year immediately following the
calendar year in which the Qualifying Termination or termination due to death or disability (as applicable) occurred. 

  

	7.	 Participant hereby acknowledges receipt of a copy of the Plan attached hereto as Annex A as presently in
effect. All of the terms and conditions of the Plan are incorporated herein by reference and the RSUs are subject to such terms and conditions in all respects. This Award Agreement and the Plan constitute the entire agreement of the parties with
respect to the subject matter hereof, and supersede any prior written or oral agreements. 

  

	8.	 Nothing in the Plan or this Award Agreement shall confer upon Participant any right to continue to be employed
by or provide services to the Company or any of its Subsidiaries or Affiliates, or interfere in any way with any right of the Company or any of its Subsidiaries or Affiliates to terminate such employment or service at any time for any reason
whatsoever (whether for Cause or without Cause) without liability to the Company or any of its Subsidiaries or Affiliates. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

[SIGNATURE PAGE FOLLOWS] 

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

	
	iHEARTMEDIA, INC.
	
	  

	Name:
	Title:
	
	PARTICIPANT
	
	  

	Name:

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