Grant of Performance Stock Units. The Company hereby grants to the Employee an Award of Performance Stock Units (such number to be determined as set forth in Section 4(b) based on a target award of ​ Performance Stock Units) on the terms and conditions set forth herein and in the Plan. Each Performance Stock Unit represents the right of the Employee to receive the payment of one Share on the date that payment is made.

Performance Units. Subject to the limitations set forth in Section 10(c), the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

Vesting Period: Third anniversary of grant date.

Grant of Performance Units and Performance Shares. Subject to the terms of the Plan, Performance Units or Performance Shares may be granted to any Eligible Director in such amounts and upon such terms, and at any time and from time to time, as the Board shall determine. Each grant of Performance Units or Performance Shares shall be evidenced by an Award Agreement which shall specify the terms and conditions applicable to the Performance Units or Performance Shares, as the Board determines.

The number of Performance Share Units or Restricted Share Units to be granted to a Participant on the Grant Date shall be determined by first multiplying # the value of the Performance Share Units or Restricted Share Units granted to such Participant as determined by the Committee in accordance with Section 4.2, which is expressed in U.S. dollars by # the exchange rate as determined in accordance with Section 9.2 and then dividing the product by # the Market Price of the Common Shares on the Grant Date.

A is that aggregate number of Performance Share Units in the Participant's Unit Account on the Payment Date determined by adding: # the Performance Share Units granted pursuant to Sections 4.2 and 4.3 on the Grant Date at the commencement of the relevant Payment Criteria Period; # the Performance Share Units (if any) granted on a discretionary basis pursuant to [Section 4.4] in respect of the relevant Payment Criteria Period; # the Performance Share Units granted as "dividend equivalents" pursuant to [Section 4.10] in respect of the Units described in this paragraph; and # the Performance Share Units (if any) granted in connection with an adjustment or reorganization pursuant to [Section 4.9] in respect of any of the Performance Share Units described in this paragraph;

Grant of Units. Subject in all respects to the Plan and the terms and conditions set forth herein and therein, on the Grant Date you were granted [#] fully vested Units (the “Award”).

Grant of Units. Subject to the terms and conditions of this Agreement and the Plan, the Company hereby credits to a separate account maintained on the books of the Company (the “Participant Account”), 10,730 Units. On any date, the value of each Unit shall equal the Fair Market Value of one share of the Company’s Class A Common Stock (the “Stock”), as determined in accordance with the Plan.

Notional Investments – Share Units. A notional investment in the form of “Share Units” will be available under the Plan, as follows:

NUMBER OF SHARE UNITS. The number of Share Units subject to your Award will be adjusted equitably from time to time to reflect the effect of any stock split, stock dividend, reverse stock split or consolidation of the common stock after the Equity Grant Date. The Company will establish a bookkeeping account to reflect the number of Share Units standing to your credit from time to time. However, you will not be deemed to be the holder of, or to have any of the rights of a shareholder with respect to, any Common Shares subject to your Award (including but not limited to shareholder voting rights) unless and until the shares have been delivered to you in accordance with Section 4 of this Agreement.