Form of Director Stock Grant
Contract Categories:
Business Finance
- Stock Agreements
EX-10.3 4 c12758exv10w3.htm FORM OF DIRECTOR STOCK GRANT exv10w3
EXHIBIT 10.3
Famous Daves of America, Inc.
Director Stock Grant
This Director Stock Agreement (the Agreement) made effective as of February 21, 2007 by and between Famous Daves of America, Inc., a Minnesota corporation (the Company), and (Director).
WHEREAS, Director is serving as a member of the Board of Directors of the Company (the "Board) and is not an employee of the Company or any of its subsidiaries (a Non-Employee Director) and the Company desires to award Director for his or her services to the Company for fiscal 2007; and
WHEREAS, the Company has adopted the Famous Daves of America, Inc. 2005 Stock Incentive Plan (the Plan) pursuant to which shares of Common Stock have been reserved for issuance (a copy of which is available upon request); and
WHEREAS, Director and the Company desire to enter into this Agreement for the granting of stock.
NOW, THEREFORE, the parties hereto agree as follows:
Grant of Stock. The Company hereby grants to Director the number of shares of Common Stock, par value $0.01 per share, of the Company (the Stock) set forth at the end of this Agreement after Number of Shares. The Stock shall be issued in certificate form, and shall be registered on the books of the Company maintained by the Companys transfer agent.
IN WITNESS WHEREOF, the Company has caused this Agreement to be executed as of the date first written above.
Famous Daves of America, Inc. | ||||
By: | ||||
Name: | ||||
Title: | ||||
Director |
Number of Shares: