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Exhibit 10(iii)(A)(4)
T
HE
I
NTERPUBLIC
G
ROUP
OF
C
OMPANIES
, I
NC
. 2009 P
ERFORMANCE
I
NCENTIVE
P
LAN
P
ERFORMANCE
S
HARE
A
WARD
A
GREEMENT
THE INTERPUBLIC GROUP OF
COMPANIES, INC., a
Delaware corporation (the “Company”), hereby grants to
the Participant named below a Performance Share Award (the
“Award”) to be settled in cash and/or shares of the
Company’s common stock (the “Shares”). The terms
and conditions of this Award are set forth in this Award Agreement
(the “Agreement”), and in The Interpublic Group of
Companies, Inc. 2009 Performance Incentive Plan (the
“Plan”), which is attached hereto as Exhibit
A.
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Date of Award
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< >
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Participant’s
Name
< >
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Target Number of Shares to be
Awarded Upon Vesting
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< >
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Performance Period
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to
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Vesting
Date
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Subject to the provisions of the Plan, the
scheduled vesting date is the
anniversary of the Date of Award, or such later date as specified
in the following paragraph.
Notwithstanding any other provision
of this Agreement, if the audit to the Company’s consolidated
financial statements for the years included in the Performance
Period (the “Audited Financials”) has not been
completed more than fifteen (15) days prior to the date specified
above, the vesting date shall be delayed until the earlier of
(i) the thirtieth (30th) day after the completion of the
Audited Financials for the years included in the Performance Period
or (ii) the date the Actual Shares Awarded (as defined below)
are delivered. Unless the Committee or its designee determines
otherwise in its sole discretion, any portion of this Award that is
not vested on the date the Participant ceases to be an employee of
the Company and its Affiliates shall be forfeited.
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Actual
Shares Awarded
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The
“Actual Shares Awarded” (to the extent vested) shall be
between 0 and 2 times the “Target Number of Shares to be
Awarded Upon Vesting,” as determined by the Committee based
on the achievement of the Performance Criteria described in the in
the Award Letter from Interpublic. [Form of Actual Payment Amount
may be made in cash, Shares, or a combination as prescribed in
Section 7(b) of the Plan].
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Paym
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