SEC Contract Filing

Filing Date: 2021-03-19

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>d154856dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B><I>Execution Version </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mizuho Markets
Americas LLC </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Mizuho Securities USA LLC, as agent </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1271
Avenue of the Americas </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, NY 10020 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:56%; font-size:10pt; font-family:Times New Roman" ALIGN="center">March&nbsp;16, 2021 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top">To:</TD>
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<TD VALIGN="top" COLSPAN="3">IMAX Corporation</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">2525 Speakman Drive</TD></TR>
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<TD VALIGN="top" COLSPAN="3">Mississauga, Ontario, Canada L5K 1B1</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Attention:</TD>
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<TD VALIGN="top">Natasha Fernandes, Vice-President, Finance</TD></TR>
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<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
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<TD VALIGN="top">&amp; Corporate Treasurer</TD></TR>
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<TD VALIGN="top">Telephone&nbsp;No.:</TD>
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<TD VALIGN="top">(905) <FONT STYLE="white-space:nowrap">403-6457</FONT></TD></TR>
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<TD VALIGN="top">Email:</TD>
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<TD VALIGN="top">NFernandes@imax.com; KWeissman@imax.com</TD></TR>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Base Call Option Transaction </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The purpose of this letter agreement (this &#147;<B>Confirmation</B>&#148;) is to confirm the terms and conditions of the call option
transaction entered into between Mizuho Markets Americas LLC (&#147;<B>MMA</B>&#148;) (with Mizuho Securities USA LLC (&#147;<B>MSUSA</B>&#148;) acting as agent) (&#147;<B>Dealer</B>&#148;) and<B> </B>IMAX Corporation
(&#147;<B>Counterparty</B>&#148;) as of the Trade Date specified below (the &#147;<B>Transaction</B>&#148;). This letter agreement constitutes a &#147;Confirmation&#148; as referred to in the ISDA Master Agreement specified below. Each party further
agrees that this Confirmation together with the Agreement evidence a complete binding agreement between Counterparty and Dealer as to the subject matter and terms of the Transaction to which this Confirmation relates, and shall supersede all prior
or contemporaneous written or oral communications with respect thereto. MMA is acting as principal in its capacity as Dealer hereunder and MSUSA, its affiliate, is acting as agent for MMA, in its capacity as Dealer hereunder, and Counterparty
hereunder. This Confirmation is a confirmation for purposes of Rule <FONT STYLE="white-space:nowrap">10b-10</FONT> promulgated under the Exchange Act (as defined below). <B>MMA is not a member of the Securities Investor Protection Corporation.</B>
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The definitions and provisions contained in the 2002 ISDA Equity Derivatives Definitions (the &#147;<B>Equity Definitions</B>&#148;), as
published by the International Swaps and Derivatives Association, Inc. (&#147;<B>ISDA</B>&#148;) are incorporated into this Confirmation. In the event of any inconsistency between the Equity Definitions and this Confirmation, this Confirmation shall
govern. Certain defined terms used herein are based on terms that are defined in the Offering Memorandum, dated March&nbsp;16, 2021 (the &#147;<B>Offering Memorandum</B>&#148;), relating to the 0.50% Convertible Senior Notes due 2026 (as originally
issued by Counterparty, the &#147;<B>Convertib