Company: ACEL
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001628280-25-017502
Chunk: 73

Company: Accel Entertainment, Inc.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 73
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 become Participants as a result of a merger, consolidation or acquisition of another entity or the assets of another entity by or with us or one of our subsidiaries. Such substitute awards that are Options or SARs may have an exercise price that is less than the Fair Market Value of a Class A-1 Share on the date of the

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substitution if such substitution complies with the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto and other applicable laws and the NYSE rules.

#### Performance Criteria
Our Compensation Committee may establish performance goals by selecting such business criteria and other measures of performance as it may deem appropriate in establishing any performance goal.

#### Changes in Capital Structure
In the event of any change in our capital structure or business or other corporate transaction or event that would be considered an “equity restructuring” within the meaning of the Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation, as amended or any successor accounting standard (“ ASC Topic 718 ”) and, in each case, that would result in an additional compensation expense to us pursuant to the provisions of ASC Topic 718, if adjustments to Awards with respect to such event were discretionary or otherwise not required (each such an event, an “ Adjustment Event ”), then the Compensation Committee shall equitably adjust (i) the aggregate number or kind of shares that thereafter may be delivered under the Second A&R LTIP, (ii) the number or kind of shares or other property (including cash) subject to an Award, (iii) the terms and conditions of Awards, including the purchase price or exercise price of Awards and performance goals, as applicable and (iv) the applicable limitations with respect to Awards (other than cash limits) to equitably reflect such Adjustment Event. In the event of any change in our capital structure or business or other corporate transaction or event that would not be considered an Adjustment Event, and is not otherwise addressed in the Second A&R LTIP, the Compensation Committee has complete discretion to make equitable adjustments (if any) in such manner as it deems appropriate with respect to such other event.

#### Clawback
All awards will be subject to clawback or recoupment pursuant to any compensation clawback or recoupment policy adopted by our Board or the Compensation Committee thereof or required by law during the term of service of the participant, to the extent set forth