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Interpublic Group of Companies, Inc. – ‘10-Q’ for 9/30/22 – ‘EX-10.3’

On:  Wednesday, 10/26/22, at 5:30pm ET   ·   For:  9/30/22   ·   Accession #:  51644-22-50   ·   File #:  1-06686

Previous ‘10-Q’:  ‘10-Q’ on 7/27/22 for 6/30/22   ·   Next:  ‘10-Q’ on 4/27/23 for 3/31/23   ·   Latest:  ‘10-Q’ on 4/24/24 for 3/31/24   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

10/26/22  Interpublic Group of Cos, Inc.    10-Q        9/30/22   74:8.9M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.37M 
 2: EX-10.1     Material Contract                                   HTML     24K 
 3: EX-10.2     Material Contract                                   HTML     23K 
 4: EX-10.3     Material Contract                                   HTML     23K 
 5: EX-10.4     Material Contract                                   HTML     24K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     24K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     24K 
 8: EX-32       Certification -- §906 - SOA'02                      HTML     21K 
14: R1          Document and Entity Information                     HTML     72K 
15: R2          Consolidated Statements of Operations               HTML    130K 
16: R3          Consolidated Statements of Comprehensive Income     HTML     93K 
17: R4          Consolidated Balance Sheets                         HTML    162K 
18: R5          Consolidated Statements of Cash Flows               HTML    120K 
19: R6          Consolidated Statements of Stockholders' Equity     HTML    134K 
20: R7          Basis of Presentation                               HTML     27K 
21: R8          Revenue (Notes)                                     HTML    126K 
22: R9          Debt and Credit Arrangements (Notes)                HTML     45K 
23: R10         Earnings Per Share (Notes)                          HTML     38K 
24: R11         Supplementary Data (Notes)                          HTML     62K 
25: R12         Income Taxes (Notes)                                HTML     27K 
26: R13         Restructuring Charges (Notes)                       HTML     52K 
27: R14         Incentive Compensation Plans (Notes)                HTML     28K 
28: R15         Accumulated Other Comprehensive Loss, Net of Tax    HTML     60K 
                (Notes)                                                          
29: R16         Employee Benefits (Notes)                           HTML     77K 
30: R17         Segment Information (Notes)                         HTML    120K 
31: R18         Fair Value Measurements (Notes)                     HTML     59K 
32: R19         Commitments and Contingencies (Notes)               HTML     26K 
33: R20         Recent Accounting Standards (Notes)                 HTML     24K 
34: R21         Subsequent Events                                   HTML     22K 
35: R22         Revenue (Tables)                                    HTML    105K 
36: R23         Debt and Credit Arrangements (Tables)               HTML     39K 
37: R24         Earnings Per Share (Tables)                         HTML     38K 
38: R25         Supplementary Data (Tables)                         HTML     57K 
39: R26         Restructuring Charges (Tables)                      HTML     51K 
40: R27         Incentive Compensation Plans (Tables)               HTML     27K 
41: R28         Accumulated Other Comprehensive Loss, Net of Tax    HTML     62K 
                (Tables)                                                         
42: R29         Employee Benefits (Tables)                          HTML     71K 
43: R30         Segment Information (Tables)                        HTML    113K 
44: R31         Fair Value Measurements (Tables)                    HTML     58K 
45: R32         Revenue Major Geographical Area (Details)           HTML     70K 
46: R33         Revenue Contract Balances (Details)                 HTML     29K 
47: R34         Long-term Debt (Details)                            HTML     93K 
48: R35         Credit Facilities (Details)                         HTML     43K 
49: R36         Commercial Paper (Details)                          HTML     28K 
50: R37         Debt and Credit Arrangements Debt Transactions      HTML     64K 
                (Details)                                                        
51: R38         Earnings Per Share (Details)                        HTML     53K 
52: R39         Supplementary Data Accrued Liabilities (Details)    HTML     38K 
53: R40         Supplementary Data Other Expense, Net (Details)     HTML     29K 
54: R41         Supplementary Data Share Repurchase Program         HTML     31K 
                (Details)                                                        
55: R42         Supplementary Data Redeemable Noncontrolling        HTML     32K 
                Interests (Details)                                              
56: R43         Supplementary Data (Details)                        HTML     54K 
57: R44         Income Taxes Change in Unrecognized Tax Benefits    HTML     25K 
                (Details)                                                        
58: R45         Restructuring Charges (Details)                     HTML     31K 
59: R46         Restructuring Charges Segments (Details)            HTML     35K 
60: R47         Restructuring Charges 2020 Plan Restructuring       HTML     47K 
                Activity (Details)                                               
61: R48         Incentive Compensation Plans Stock-based            HTML     31K 
                Compensation Awards (Details)                                    
62: R49         Incentive Compensation Plans Plan Information       HTML     28K 
                (Details)                                                        
63: R50         Accumulated Other Comprehensive Loss, Net of Tax    HTML     67K 
                (Details)                                                        
64: R51         Accumulated Other Comprehensive Loss, Net of Tax    HTML     37K 
                Reclassification of Accumulated Other                            
                Comprehensive Loss (Details)                                     
65: R52         Employee Benefits (Details)                         HTML     64K 
66: R53         Segment Information (Details)                       HTML     80K 
67: R54         Fair Value on a Recurring and Nonrecurring Basis    HTML     50K 
                (Details)                                                        
68: R55         Commitments and Contingencies (Details)             HTML     26K 
69: R56         Subsequent Events (Details)                         HTML     23K 
72: XML         IDEA XML File -- Filing Summary                      XML    132K 
70: XML         XBRL Instance -- ipg-20220930_htm                    XML   2.46M 
71: EXCEL       IDEA Workbook of Financial Reports                  XLSX    124K 
10: EX-101.CAL  XBRL Calculations -- ipg-20220930_cal                XML    191K 
11: EX-101.DEF  XBRL Definitions -- ipg-20220930_def                 XML    434K 
12: EX-101.LAB  XBRL Labels -- ipg-20220930_lab                      XML   1.43M 
13: EX-101.PRE  XBRL Presentations -- ipg-20220930_pre               XML    835K 
 9: EX-101.SCH  XBRL Schema -- ipg-20220930                          XSD    139K 
73: JSON        XBRL Instance as JSON Data -- MetaLinks              385±   568K 
74: ZIP         XBRL Zipped Folder -- 0000051644-22-000050-xbrl      Zip    462K 


‘EX-10.3’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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EXHIBIT 10.3
Amendment to Executive Change of Control Agreement

WHEREAS, Andrew Bonzani (the “Executive”) and The Interpublic Group of Companies, Inc. (“Interpublic,” Interpublic and its subsidiaries being referred to herein as the “Company”) are parties to an Executive Change of Control Agreement dated as of December 22, 2011 and amended on August 29, 2013, October 26, 2016, and July 24, 2019 (the “Agreement”);

WHEREAS, Section 5.1 of the Agreement states that the Agreement will expire as of September 30, 2022;

WHEREAS, the Executive and the Company wish to extend the Agreement and make an administrative update; and

NOW, THEREFORE, the Agreement is hereby amended, effective immediately, as follows:

1.Incorporation by Reference. All provisions of the Agreement are hereby incorporated herein by reference and shall remain in full force and effect except to the extent that such provisions are expressly modified by the provisions of this Amendment. Words and phrases used in this Amendment shall have the meaning set forth in the Agreement unless the context clearly indicates that a different meaning is intended.

2.Extension. Section 5.1(a)(i) of the Agreement is amended by replacing September 30, 2022 with October 31, 2025.

3.Notices. Section 5.9 of the Agreement is amended by replacing “, 1114 Avenue of the Americas, New York, New York 10036, Attention:” with “at the then current address for Interpublic headquarters with Attention to the”.

IN WITNESS WHEREOF, Interpublic, by its duly authorized officer, and Executive have caused this Amendment to the Agreement to be executed.

The Interpublic Group of Companies, Inc.
Executive
Robert DobsonAndrew Bonzani
SVP, Associate General Counsel & Secretary


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
10/31/25
Filed on:10/26/228-K
For Period end:9/30/22
7/24/198-K
10/26/168-K
8/29/138-K
12/22/11
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/20/24  Interpublic Group of Cos, Inc.    10-K       12/31/23  159:17M
 2/21/23  Interpublic Group of Cos, Inc.    10-K       12/31/22  158:18M
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Filing Submission 0000051644-22-000050   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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