Denny’s Corporation Deferred Stock Unit Award Certificate under 2012 Omnibus Incentive Plan
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Summary
Denny’s Corporation has granted the recipient deferred stock units under its 2012 Omnibus Incentive Plan. The award entitles the recipient to receive shares of Denny’s common stock in the future, subject to a one-year vesting period. The award cannot be transferred or pledged except by will or inheritance, and is governed by the terms of the company’s incentive plan. The number of units, effective date, and payment date are specified in the certificate.
EX-10.27 2 denn-12312014xex1027.htm DEFERRED STOCK UNIT AWARD CERTIFICATE DENN-12.31.2014-Ex.10.27
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Deferred Stock Unit Denny’s Corporation
Award Certificate ID: 13 ###-###-####
203 East Main Street
Spartanburg, SC 29319
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You have been awarded deferred stock units under the Denny’s Corporation 2012 Omnibus
Incentive Plan entitling you to receive shares of Denny’s Corporation $.01 par value common
stock at a future time under the terms indicated below:
Effective Date of Award: ____________________
Number of Deferred Stock Units Awarded: ____________________units
Payment Rate: 1-for-1 basis
Payment Date: ____________________
Vesting Schedule: | 100% vested ___________ (1st |
anniversary of effective date
of award)
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No right or interest in this award may be pledged, encumbered, or hypothecated to or in favor
of any party other than Denny’s Corporation (the “Company”), or shall be subject to any lien,
obligation, or liability to any party other than the Company. This award is not assignable or
transferable by you other than by will or the laws of descent and distribution.
This award is governed by the terms of the Denny’s Corporation 2012 Omnibus Incentive
Plan.
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For Denny’s Corporation Date