Old record label with award for expatriate (8)
I believe the answer is:
emigrant
'for expatriate' is the definition.
(both can mean someone who has left their country)
'old record label with award' is the wordplay.
'old record label' becomes 'emi' (former record label).
'with' is a charade indicator (letters next to each other).
'award' becomes 'grant' (synonyms).
'emi'+'grant'='EMIGRANT'
(Other definitions for emigrant that I've seen before include "Time Gran went abroad to settle" , "I've left home for good" , "One going abroad permanently" , "One leaving for another country" , "Write carelessly" .)