Company: ACEL
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001628280-25-018604
Chunk: 65

Company: Accel Entertainment, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 65
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 our officers to file a certificate of amendment that reflects the Officer Exculpation Amendment with the Delaware Secretary of State, and such certificate of amendment would become effective upon such filing. Our Board intends to make that filing if and as soon as practicable after this proposal is approved at the Annual Meeting. However, even if our stockholders adopt the Officer Exculpation Amendment, our Board may abandon the Officer Exculpation Amendment without further stockholder action prior to the effectiveness of the filing of the certificate of amendment reflecting the Officer Exculpation Amendment with the Delaware Secretary of State and, if abandoned, the Officer Exculpation Amendment will not become effective. If our Board abandons the Officer Exculpation Amendment, it will publicly disclose that fact and the reason for its determination.

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If this proposal is not approved, or if our Board abandons the Officer Exculpation Amendment, then the Officer Exculpation Amendment will not be adopted or become effective, and our officers will continue to potentially face personal liability for breaches of the duty of care in all actions and the COI will remain in place. The approval of this proposal is not conditioned on the approval of any other proposal.

#### Recommendation of the Board
OUR BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “ FOR ” THE OFFICER EXCULPATION AMENDMENT IN ORDER TO PERMIT THE EXCULPATION OF OFFICERS FROM PERSONAL LIABILITY FOR CERTAIN BREACHES OF THE DUTY OF CARE.

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PROPOSAL 4: APPROVAL OF THE SECOND AMENDMENT AND RESTATEMENT OF OUR AMENDED AND RESTATED LONG TERM INCENTIVE PLAN</div>

#### Background of the Plan Increase
On April 10, 2025, subject to stockholder approval, the Board adopted the Second A&R LTIP. If our stockholders do not approve the Second A&R LTIP, then the A&R LTIP will continue without the amendments in accordance with its terms. The purpose of the A&R LTIP is to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to our success.

Second A&R LTIP

The principal terms of the Second A&R LTIP are summarized below. This summary is not a complete description of the Second A&R LTIP, and it is qualified in its entirety by reference to the complete text of the Second A&R LT