Denny’s Corporation Deferred Stock Unit Award Certificate under 2004 Omnibus Incentive Plan

Summary

Denny’s Corporation grants the recipient deferred stock units under its 2004 Omnibus Incentive Plan. The recipient will receive shares of Denny’s common stock at a future date, subject to a vesting schedule and other plan terms. The award cannot be transferred or pledged except by will or inheritance. The agreement outlines the number of units, payment rate, payment date, and vesting conditions, and is governed by the terms of the company’s incentive plan.

EX-10.27 4 dex1027.htm FORM OF AGREEMENT FOR DEFERRED STOCK UNIT AWARD CERTIFICATE Form of Agreement for deferred stock unit award certificate

Exhibit 10.27

 

Deferred Stock Unit

Award Certificate

  

Denny’s Corporation

ID: 13 ###-###-####

203 East Main Street

Spartanburg, SC 29319

(Participant Name)

 

You have been awarded deferred stock units under the Denny’s Corporation 2004 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:

 

Payment Rate:

 

Payment Date:

 

Vesting Schedule:

 


 

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 2004 Omnibus Incentive Plan.

 


 

         
             

For Denny’s Corporation

         

Date