Exhibit 10.16

 

GLOBAL EAGLE ENTERTAINMENT INC.

AMENDED AND RESTATED 2013 EQUITY INCENTIVE PLAN

UNRESTRICTED STOCK GRANT NOTICE

 

To:

Abel Avellan (referred to herein as “you”)

 

 

Number of Shares:

175,000

 

Global Eagle Entertainment Inc. (the “Company”) is pleased to confirm that you
have hereby been granted an award (this “Award”) of 175,000 Shares of Restricted
Stock of the Company, effective as of the date of the closing of the acquisition
(the “Acquisition”) by the Company of EMC Intermediate, LLC (“EMC”) pursuant to
the Interest Purchase Agreement, dated May 9, 2016, by and between the Company
and EMC Acquisition Holdings, LLC (the “Award Date”), which Award shall vest in
full immediately on the Award Date. The Award described in this notice (the
“Notice”) is made under the Global Eagle Entertainment, Inc. Amended and
Restated 2013 Equity Incentive Plan (as amended from time to time, the “Plan”),
which is incorporated into this Agreement by reference. Any capitalized terms
used herein that are otherwise undefined shall have the same meaning provided in
the Plan.

 

This Award is in satisfaction of the grant of the Company’s Common Stock, par
value $0.0001 per Share (the “Common Stock”), described in Section 4(iii) of
your employment agreement with the Company entered into in connection with the
Acquisition, dated July   , 2016.  The shares of Common Stock underlying the
Award will be delivered to you as soon as practicable after the Award Date.

 

For this avoidance of doubt, this Award is fully vested and subject to no
restrictions as of the Award Date. Notwithstanding the foregoing, as an employee
and a holder of Shares in the Company, you remain subject to all applicable
Company policies, including, but not limited to, any insider trading policy that
may be adopted by the Company and maintained from time to time.

 

[Signature page follows]

 

[Unrestricted Stock Grant Notice]

 

--------------------------------------------------------------------------------

 

 

Sincerely,

 

 

 

 

 

GLOBAL EAGLE ENTERTAINMENT INC.

 

 

 

 

 

By:

/s/ David M. Davis

 

 

Name:

David M. Davis

 

 

Title:

Chief Executive Officer

 

[Signature Page to GEE Inducement Plan - Unrestricted Stock Grant Agreement
(Avellan)]

 

--------------------------------------------------------------------------------

 

The undersigned hereby acknowledges, accepts, and agrees to all terms and
provisions of the foregoing Notice.

 

 

 

/s/ Abel Avellan

 

Employee

 

 

 

 

 

July 27. 2016

 

Date

 

[Signature Page to GEE Inducement Plan - Unrestricted Stock Grant Agreement
(Avellan)]

 

--------------------------------------------------------------------------------