At Home Group Inc. Nonqualified Stock Option Cancellation Agreement
NONQUALIFIED STOCK OPTION CANCELLATION AGREEMENT
This NONQUALIFIED Stock Option Cancellation Agreement (the “Agreement”), dated as of September [__], 2019, is made between At Home Group Inc. (the “Company”) and Lewis L. Bird III (the “Optionee”).
WHEREAS, the Company maintains that certain Amended and Restated At Home Group Inc. Equity Incentive Plan, adopted as of July 22, 2016 (as may be amended and restated from time to time, the “Plan”), which Plan is administered by the Committee. Capitalized terms used but not defined herein shall have the meanings set forth in the Plan;
WHEREAS, the Company previously granted the Optionee a nonqualified stock option to purchase 1,988,255 Shares (the “June 2018 Option”) pursuant to the terms and conditions of the Plan and that certain Notice of Grant and Non-Statutory Stock Option Award Agreement between the Company and the Optionee dated June 12, 2018 (the “Option Agreement”);
WHEREAS, the June 2018 Option was fully vested upon grant; provided, that, any Shares issuable upon exercise of the June 2018 Option are subject to certain service-based transfer restrictions, all as further described in the June 2018 Option Agreement; and
WHEREAS, upon the request of the Optionee, the parties hereto have agreed to cancel the June 2018 Option without consideration in accordance with the terms set forth herein.
NOW, THEREFORE, the Company and the Optionee agree as follows:
[SIGNATURE PAGE TO FOLLOW]
IN WITNESS WHEREOF, this Agreement has been executed and delivered by the parties hereto as of the day, month and year first set forth above.
At Home Group Inc.
Name: Lewis L. Bird III
[Signature Page to At Home Group Inc. Option Cancellation Agreement]