Exhibit 10.25


 


INTERNATIONAL MONEY EXPRESS, INC. 2018


OMNIBUS EQUITY COMPENSATION PLAN


STOCK AWARD AGREEMENT


 


THIS AGREEMENT, dated                                      ,
20        (the “Date of Grant”), between International Money Express,
Inc., a Delaware corporation (the “Company”), and                        
(“Grantee”), is made pursuant and subject to the provisions of the Company’s Omnibus Equity Compensation
Plan (the “Plan”), a copy of which has been made available to the Grantee. All terms used herein that are
defined in the Plan have the same meaning given them in the Plan.


 


1. Award. Subject to the terms and
conditions of the Plan and subject further to the terms and conditions herein set forth, the Company hereby grants the Grantee
a Stock Award covering                    
shares of Stock.


 


2. Vesting.


 


(a) The shares of Stock subject to this Stock
Award shall vest with respect to [25]% of the shares on first anniversary of the Grant Date and thereafter shall vest with respect
to an additional [25]% on an annual basis through the [fourth] anniversary of the Grant Date until the Stock Award is 100% vested,
subject to Sections 2(c) and 3 hereof.


 


(b) From and after the Date of Grant through
the date on which the Stock Award becomes fully vested pursuant to subparagraph (a) above, the unvested portion of the Stock Award
remains subject to forfeiture in accordance with the terms of Sections 2(d) and 3 hereof.


 


(c) In accordance with the Plan, shares of
Stock subject to this Stock Award that have not previously vested shall become immediately vested upon a Change of Control.


 


(d) Shares of Stock subject to this Stock
Award that do not vest in accordance with this paragraph shall be forfeited.


 


3. Forfeiture and Termination of Service.
No shares of Stock underlying this Stock Award shall vest after, and any unvested portion of the Stock Award shall be forfeited
on, the date on which the Participant ceases to be employed by the Company or any of its subsidiaries, unless the Participant ceases
to be employed by the Company or any of its subsidiaries due to death, disability or termination by the Company without Cause (as
defined below). If Participant ceases to be employed by the Company or any of its subsidiaries due to death, disability or termination
by the Company without Cause, the unvested portion of the Stock Award shall become immediately vested upon such Participant’s
termination of employment. “Cause” means, with respect to the Grantee (i) if the Grantee is a party to an employment
agreement with the Company or its Affiliates and such agreement provides for a definition of Cause, the definition contained therein;
or (ii) if no such agreement exists, or if such agreement does not define Cause: (A) the commission of, or plea of guilty or no
contest to, a felony or a crime involving moral turpitude or the commission of any other act involving willful malfeasance or material
fiduciary breach with respect to the Company or an Affiliate; (B) conduct that results in or is reasonably likely to result in
harm to the reputation or business of the Company or any of its Affiliates; (C) gross negligence or willful misconduct with respect
to the Company or an Affiliate; or (D) material violation of state or federal securities laws. The Administrator, in its absolute
discretion, shall determine the effect of all matters and questions relating to whether the Grantee has been discharged for Cause.


 






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4. Delivery of Stock. Delivery of
shares of Stock under this Stock Award will comply with all applicable laws (including, the requirements of the Securities Act),
and the applicable requirements of any securities exchange or similar entity.


 


5. Shareholder Rights. The Grantee
shall have the right to vote shares of unvested Stock awarded hereunder. Dividends shall accrue on shares of unvested Stock awarded
hereunder and such dividends will be paid to Grantee upon the vesting of such shares.  


 


6. Transferability. The shares of
Stock subject to this Stock Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered
before they vest in accordance with paragraph 2 or 3, as applicable. After such Stock Award vests in accordance with paragraph
2 or 3, as applicable, no sale or disposition of such shares shall be made in the absence of an effective registration statement
under the Securities Act with respect to such shares unless an opinion of counsel satisfactory to the Company that such sale or
disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained.


 


7. Change in Capital Structure. The
terms of this Agreement, including the number of shares of Stock subject to this Stock Award shall be adjusted as the Board determines
is equitably required in the event the Company effects one or more stock dividends, stock splits, subdivisions or consolidations
of shares or other similar changes in capitalization.


 


8. Conflicts. In the event of any
conflict between the provisions of the Plan as in effect on the Date of Grant and the provisions of this Agreement, the provisions
of the Plan shall govern. All references herein to the Plan mean the Plan as in effect on the date hereof.


 


9. Grantee Bound by Plan. The Grantee
hereby acknowledges that a copy of the Plan has been made available to him or her and agrees to be bound by all the terms and provisions
thereof.


 


10. Binding Effect. Subject to the
limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the successors of the
Grantee and any transferee of the Grantee in accordance with paragraph 6 and the successors of the Company.


 


11. Governing Law. This Agreement
shall be governed by the laws of the State of Delaware.


 


[Signatures appear on following page]


 




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IN WITNESS WHEREOF, the Company
has caused its duly authorized officer to execute this Agreement, and the Grantee has placed his or her signature hereon, effective
as of the Date of Grant.


 


	INTERNATIONAL MONEY EXPRESS, INC.	 	Attest:
	 	 	 
	By:	                     	 	By:	           
	Name:	 	 	Name:	 
	Title:	 	 	Title:	 


 


I hereby accept this Grant and I agree to be bound by the terms
of the Plan and this Grant. I further agree that all of the decisions and interpretations of the Company with respect thereto shall
be final and binding.


 


	ACCEPTED AND AGREED TO:	 
	 	 	 
	By:	            	 
	 	 	 
	 	 
	Date	 


 



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