BJ’s Restaurants, Inc. 2005 Equity Incentive Plan Restricted Stock Unit Award Certificate (Non-Employee Directors)

Contract Categories: Business Finance › Equity Distribution Agreements
Summary

This agreement certifies that BJ’s Restaurants, Inc. is granting restricted stock units to a non-employee director under its 2005 Equity Incentive Plan. The grantee will receive shares according to a vesting schedule over three years, with one-third of the award vesting each year. By signing, the grantee accepts the terms of the award, which are governed by the plan and the attached agreement. The agreement outlines the rights and obligations of both the company and the grantee regarding the restricted stock units.

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EX-10.16 7 d447638dex1016.htm EX-10.16 EX-10.16

Exhibit 10.16

BJ’S RESTAURANTS, INC.

2005 EQUITY INCENTIVE PLAN

RESTRICTED STOCK UNIT AWARD CERTIFICATE

(for Non-Employee Directors)

THIS IS TO CERTIFY that BJ’s Restaurants, Inc., a California corporation (the “COMPANY”), has offered you (the “GRANTEE”) the right to receive restricted stock units (“RESTRICTED STOCK UNITS” or “AWARD”) under the Company’s 2005 Equity Incentive Plan (the “PLAN”) on the terms set forth below.

 

Name of Grantee:

   

Address of Grantee:

 

 

 

 

Number of Shares:

Offer Grant Date:

Vesting Schedule:

 

Vesting Period

    Award
Percentage
Vesting at
End of
Vesting
Period		  

Grant Date through 1st Year Anniversary of Grant Date

      33.3 % 

Grant Date through 2nd Year Anniversary of Grant Date

      33.3 % 

Grant Date through 3rd Year Anniversary of Grant Date

      33.3 % 

By your signature and the signature of the Company’s representative below, you and the Company agree to be bound by all of the terms and conditions of the Restricted Stock Unit Agreement, which is attached hereto. By executing this Certificate, you hereby irrevocably elect to accept the Restricted Stock Units rights granted pursuant to this Certificate and the related Restricted Stock Unit Agreement and to receive the Award of Restricted Stock Units designated above subject to the terms of this Certificate, the Plan and the Award Agreement.

 

GRANTEE:     BJ’S RESTAURANTS, INC.
    By:  

 

      

 

[Signature]      
    Name:   Jerry Detichle
Name:     Title:   Chief Executive Officer