AMENDMENT NO. 1 TO THE FOUR CORNERS PROPERTY TRUST, INC. 2015 OMNIBUS INCENTIVE PLAN
Exhibit 10.3
AMENDMENT NO. 1
TO THE
FOUR CORNERS PROPERTY TRUST, INC. 2015 OMNIBUS INCENTIVE PLAN
This Amendment No. 1 (this Amendment) to the Four Corners Property Trust, Inc. 2015 Omnibus Incentive Plan (the Plan) was adopted by the Compensation Committee (the Committee) of the Board of Directors (the Board) of Four Corners Property Trust, Inc. (the Company) on December 23, 2015, and such adoption was ratified by the Board on December 23, 2015. Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings assigned to them in the Plan.
1. Section 18.9 of the Plan is hereby amended to read in its entirety as follows:
18.9 Governing Law. The validity and construction of the Plan and the instruments evidencing the Awards hereunder shall be governed by, and construed and interpreted in accordance with, the laws of the State of Maryland, other than any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of the Plan and the instruments evidencing the Awards granted hereunder to the substantive laws of any other jurisdiction.
To record the adoption of this Amendment of the Plan by the Committee on December 23, 2015, and the ratification of such adoption by the Board on December 23, 2015, the Company has caused its authorized officer to execute this Amendment.
FOUR CORNERS PROPERTY TRUST, INC. | ||
By: | /s/ James L. Brat | |
Name: James L. Brat | ||
Title: Secretary and General Counsel | ||
Date: December 23, 2015 |