Restricted Stock Award Agreement, dated March 20, 2018 between PAR Technology Corporation and Donald H. Foley
EX-10.2 3 exhibit102foley032018grant.htm EXHIBIT 10.2 Exhibit
PAR Technology Corporation 2015 Equity Incentive Plan
GRANT NOTICE- RESTRICTED STOCK AWARD
PAR Technology Corporation (the "Company"). hereby grants as of the Grant Date to the Participant the number of restricted shares (the "Restricted Stock") of the Company's common stock, par value $0.02 (the "Common Stock") specified below (the "Award"). The Award is granted pursuant to the PAR Technology Corporation 2015 Equity Incentive Plan (the "Plan") and is subject to the terms and conditions of this Grant Notice, the Restricted Stock Award Agreement attached to this Grant Notice as Appendix A (the "Award Agreement"), and the Plan (each as amended from time to time). The Plan is incorporated into and forms a part of this Grant Notice and the Option Award Agreement. In the event of any conflict between the Grant Notice or the Award Agreement on the one hand and the Plan on the other hand, the terms of the Plan shall control.
Name of the Participant: | Donald H. Foley |
Grant Date: | March 20, 2018 |
Number of shares of Restricted Stock: | 3,671 |
Vesting Schedule: | The shares of Restricted Stock shall vest in accordance with the following schedule, subject to the Participant's continued employment or service with the Company or any of its subsidiaries or affiliates through the applicable Vesting Date: 100% vest on April 11, 2018. |
Change of Control (as defined in the Plan): | As an exception to the Vesting Schedule, as of the effective date ofa Change of Control all unvested shares of Restricted Stock as of such date shall vest. |
Death: | As an exception to the Vesting Schedule, in the event the Participant's employment or service with the Company or any of its subsidiaries or affiliates is terminated due to the Participant's death, all unvested shares of Restricted Stock shall immediately vest. |
