Exhibit 10.3


 


 


Riot Blockchain,
Inc.


2019 Equity
Incentive Plan


Restricted
Stock Award


Notice
of Grant


This Notice of Grant is to notify you, the
“Participant” identified in the “Summary of Award” below, that, subject and pursuant to the terms
of the attached Restricted Stock Award Agreement (the “Award Agreement”) by and between you and Riot Blockchain, Inc.,
a Nevada corporation, for itself and for its consolidated subsidiaries, (collectively, the “Company”) you have been
granted an unvested award of restricted shares of the common stock, no par value per share, of the Company (the “Shares”)
in the amount and subject to vesting as set forth in the Summary of Award below (the “Award”); provided that
the Award is conditioned on your acknowledgment of receipt and acceptance of the Award Agreement in accordance with Section 9 of the Award
Agreement. The Award is granted to you by the Company under its Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the “Plan”)
a copy of which is included with this Notice of Grant. Except as otherwise defined herein, capitalized terms used in this Notice of Grant
and the Award Agreement have the meanings set forth in the Plan.


Summary
of Award


Name
of Participant: _______________________________________________________


Grant
Date: _______________________________________________________


Number
of Shares: _______________________________________________________


Grant
Date Share Price: $_________________________________________________


Vesting
Schedule: _______________________________________________________


________________________________________________________________


________________________________________________________________


________________________________________________________________ 


The Award is granted to you as additional incentive
compensation for your service to the Company, and it is contingent upon your continued service with the Company through the applicable
vesting dates specified in the foregoing vesting schedule. Until the Shares are vested, they are restricted shares of Common Stock subject
to forfeiture and restrictions, as set forth in the Award Agreement and the Plan. Except as set forth in the Award Agreement or as otherwise
agreed by the Company in writing, partial service, even if substantial, during the vesting period will not entitle you to any proportionate
vesting or avoid or mitigate a termination of rights and benefits upon or following your separation from service with the Company.




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Riot Blockchain,
Inc.


2019
Equity Incentive Plan


RESTRICTED
STOCK AWARD AGREEMENT


This Restricted Stock Award
Agreement (this “Award Agreement”) is entered into, effective as of the “Grant Date” specified in
the accompanying Notice of Grant attached hereto as Appendix A, which forms a part of, and is incorporated by reference into, this Award
Agreement (the “Notice of Grant”), by and between Riot Blockchain, Inc. a Nevada corporation, and its consolidated
subsidiaries (collectively, the “Company”), and the individual award recipient identified in accompanying Notice of
Grant (the “Participant”), regarding the terms and conditions of the equity incentive Award granted by the Company
to the Participant under the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, (the “Plan”) as compensation
for services by the Participant to the Company (the “Award”). Unless otherwise defined in this Award Agreement, capitalized
terms used herein have the meanings defined in the Plan, the terms of which are incorporated by reference herein.


Now, therefore, in consideration
of the premises hereof and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
Company and the Participant, intending to be bound, hereby agree as follows:


1.
Grant of Restricted Stock. Subject and pursuant to
this Award Agreement and the Plan, including but not limited to the restrictions set forth under Section 4 hereof and the satisfaction
of any tax obligation due with respect to any Section 83(b) Election made by the Participant with respect to the Shares (as described
in Section 6.c hereof), the Company hereby grants to the Participant, as additional incentive compensation contingent on Participant’s
continued service with the Company through the applicable vesting date, an unvested award of service-based restricted shares (the “Shares”)
of the Company’s common stock, no par value per share, (“Common Stock”) in the amount and subject to vesting
as summarized in the Summary of Award set forth in the Notice of Grant.


2.
Vesting. Except as otherwise provided in this Award
Agreement, the Plan, or other written agreement between the Company and the Participant, the terms of which expressly supersede the provisions
of this Award Agreement and/or the Plan, the Shares are restricted and subject to forfeiture until vested. The Award and the Shares shall
vest and become non-forfeitable in accordance with the vesting schedule set forth in the Summary of Award contained in the Notice of Grant,
subject to any compensation claw-back rules under applicable law and/or Company policy. For the avoidance of doubt, the vesting schedule
requires the Participant’s continued appointment or service with the Company through the applicable vesting date as a condition
precedent to the vesting of the rights and benefits under this Award Agreement. Partial service, even if substantial, during the vesting
period will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or
following a termination of service as provided in the Award Agreement or under the Plan, except as otherwise expressly agreed by the Company
in writing. Vested Shares will be issued to the Participant in accordance with the Participant’s issuance instructions, subject
to the Participant’s satisfaction of the applicable tax withholding obligations due on the issuance of such vested Shares.


3.
Forfeiture; Acceleration of Vesting. 


a.
Forfeiture of Unvested Shares. Except as otherwise agreed by the Company in writing, the Shares
granted hereby are subject to forfeiture as set forth in this Section 3 until vesting. Accordingly, all Shares granted hereunder which
have not vested shall be automatically forfeited and returned to the Company without payment or consideration therefor, and Participant
shall have no further right, title or interest in or to such forfeited Shares, or any compensation in lieu thereof, as of the earlier
of: 


(i)
except as provided in Section 3.b below, the date the Participant’s employment, appointment
or service with the Company ceases for any reason (the “Termination Date”); 


(ii)
upon the Participant’s breach, as determined by the Company, of any non-disclosure, non-competition,
or non-solicitation restrictive covenant obligation owed to the Company; or 


 






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(iii)
upon the Plan Administrator’s determination that any conduct of the Participant constitutes
grounds for forfeiture under the Plan. 


Upon the occurrence of a
forfeiture event, the Company shall exercise its power under Section 5.c hereof to effect the return of the forfeited Shares to the Company
automatically and without any additional action by the Participant (or the Participant’s beneficiary or personal representative,
as applicable); provided, however, the Participant (or the Participant’s beneficiary or personal representative, as applicable)
shall deliver any additional documents of transfer that the Company may request to confirm the transfer of such unvested, forfeited Shares
and related restricted property to the Company. Further, notwithstanding anything in the Plan or this Award Agreement to the contrary,
the Company will be entitled, to the extent permitted or required by applicable law, Company policy, or the requirements of an exchange
on which the Company’s securities may be listed for trading, in each case, as in effect from time to time, to effectuate a forfeiture
of the Award and/or recoup compensation of whatever kind paid by the Company pursuant to the Award.


b.
Acceleration Events. Notwithstanding the foregoing, upon effectiveness of a separation agreement
and general release of claims, in form reasonably satisfactory to the Company, to be entered into between the Company and the Participant
(or Participant’s beneficiary or personal representative, as applicable) in connection with any qualifying separation from service
between the Participant and the Company (a “Separation Agreement”), the vesting schedule for all unvested Shares subject
to this Award Agreement shall be adjusted as authorized by the Company’s Chief Executive Officer, as set forth in the applicable
Separation Agreement. For the avoidance of doubt, with respect to each of the foregoing acceleration events, the Participant hereby acknowledges
and agrees that: (X) the acceleration is contingent upon the Participant (or the Participant’s beneficiary or personal representative,
as applicable) entering into a separation agreement and release reasonably satisfactory to the Company; (Y) the Participant has no right
to receive any of the Shares without such agreement; and (Z) the Shares accelerated pursuant to such agreement are subject to forfeiture
until vested and, to the extent applicable, the satisfaction of all applicable Withholding Taxes due thereon is a condition precedent
to the vesting of such Shares.


4.
Restrictions. Until vesting, the Shares are subject
to the following restrictions:


a.
Restrictions on Transfer; Permitted Transferees. Consistent with Section 5.7 of the Plan,
the Award and all unvested Shares granted hereunder, including any interest therein, amount payable in respect thereof, or property receivable
in respect thereof, may not be sold, pledged, assigned, hypothecated, transferred, gifted or otherwise disposed of, alienated or encumbered,
either voluntarily or involuntarily, in any manner other than by will or by the laws of descent or distribution, with the exception, at
the Committee’s sole and absolute discretion, of transfers (for no consideration) to the following persons: (i) the Participant’s
spouse, children, or grandchildren; (ii) one or more trusts for the benefit of the Participant’s spouse, children, or grandchildren;
or (iii) a partnership, limited liability company, or other passthrough entity of which the Participant and the Participant’s spouse,
children, or grandchildren are the only beneficial owners and controlling persons (collectively, the “Permitted Transferees”).
No transfer of the Shares shall be effective to bind the Company unless approved in writing in advance by the Committee and the Committee
shall have been furnished with (i) written notice thereof along with such evidence as the Committee may deem necessary to establish the
validity of the transfer and (ii) an agreement by the transferee of such transferred Shares to comply with all the terms and conditions
of the Award that are or would have been applicable to the Participant and to be bound by the acknowledgements made by the Participant
in connection with the grant of the Award and Shares.


b.
Restrictive Legend. Any certificate evidencing the Participant’s ownership of the Shares
shall be issued to the Participant (or the permitted transferee of the Participant) bearing the following restrictive legend:


THE TRANSFERABILITY
OF THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE) OF THE RIOT
BLOCKCHAIN, INC. 2019 EQUITY INCENTIVE PLAN, AS AMENDED, AND THE RESTRICTED STOCK AWARD AGREEMENT RELATING TO THE SHARES ENTERED INTO
BETWEEN THE REGISTERED OWNER AND THE ISSUER, RIOT BLOCKCHAIN, INC., COPIES OF WHICH ARE ON FILE IN THE OFFICES OF THE ISSUER.


 






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c.
Issuance and Escrow of Restricted Shares. Restricted Shares shall be issued to the Participant
as of the Grant Date and held in electronic book-entry form with the Company (including with a third-party servicer account organized
by the Company for the benefit of Plan participants) until such time as the Shares are vested and no longer subject to forfeiture and
restriction, or until they are forfeited to the Company in accordance with the terms hereof; provided, however, upon request of
the Participant, the Company may, in its sole discretion, issue to the Participant a certificate representing unvested Shares, which shall
bear, in addition to any legend required by applicable law, a legend substantially in the form set forth in the foregoing Section 4.b.
The Participant hereby acknowledges and agrees that the Company shall hold any certificate issued for such restricted Shares in escrow
in its possession until such a time as all restrictions applicable to the Shares evidenced by such certificate are satisfied in full.
If the Shares are issued in certificated format, the administrative costs and risk of loss of such certificated Shares are the sole responsibility
of the Participant.


d.
Delivery of Shares Upon Vesting. Promptly after the vesting and the satisfaction of the Withholding
Tax obligations due in connection with the vesting of the Shares (as described in Section 6.b hereof), the Company shall, as applicable,
either: (i) remove the notations on any Shares issued in book entry form that have vested; or (ii) if a certificate has been issued for
the Shares, cause the restrictive legend to be removed from the certificate covering such vested Shares. The Participant (or the beneficiary
or personal representative of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver
to the Company any representations or other documents or assurances as the Company may deem necessary or reasonably desirable to ensure
compliance with all applicable legal and regulatory requirements. The Shares so delivered shall no longer be subject to forfeiture or
the restrictions set forth hereunder.


Notwithstanding the foregoing,
the issuance of the Shares and the removal of any restrictions thereon are subject to, and shall be carried out in compliance with, all
applicable laws with respect to such securities, including, without limitation, the registration of the Shares with the SEC. No Shares
may be issued hereunder if the issuance of such Shares would constitute a violation of any applicable securities laws or other law or
regulations or the requirements of any stock exchange or market system upon which the Company’s securities may then be listed. The
inability of the Company to obtain the authority from any regulatory body having jurisdiction, if any, deemed by the Company’s legal
counsel to be necessary to effect the lawful issuance of the Shares shall relieve the Company of any liability in respect of the Shares,
including with respect to the failure to issue such Shares. As a condition to the issuance of the Shares and the removal of any restrictions
thereon, the Company may require the Participant to satisfy any qualifications that may be necessary or appropriate to evidence compliance
with any applicable law or regulation, and to make any representation or warranty with respect thereto as may be requested by the Company.


5.
Shareholder Matters. 


a.
Stock Power; Power of Attorney. Concurrent with the execution and delivery of this Award Agreement,
the Participant shall deliver to the Company an executed stock power in the form attached hereto as Appendix C, in blank, with respect
to the restricted Shares covered by the Award. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint
by execution of this Award Agreement, the Company and each of its authorized representatives as the Participant’s attorney(s) in
fact to effect any transfer of unvested forfeited Shares (or Shares otherwise reacquired by the Company hereunder) to the Company as may
be required pursuant to the Plan or this Award Agreement, including the transfer and sale of any Shares sold in connection with any net
settlement for taxes permitted under the Plan, and to execute such documents as the Company or such representatives deem necessary or
advisable in connection with any such transfer.






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b.
Rights as a Shareholder. The Shares shall be held in electronic book entry form (including
with a third-party servicer account organized by the Company for the benefit of Plan participants) or issued under a certificate bearing
a restrictive legend, as set forth in Section 1 hereof, and shall be subject to forfeiture and the restrictions set forth herein until
they have vested in accordance with Section 2 above. Subject to the restrictions set forth in Section 4 hereof and the Plan, during the
time the Shares are unvested, the Participant shall have all of the rights of a shareholder with respect to the Shares, including the
right to vote the Shares and to receive dividends paid on the Shares; provided that any additional shares of Common Stock or other
securities that the Participant may become entitled to receive pursuant to a stock dividend, stock split, combination of shares, recapitalization,
merger, consolidation, separation or reorganization or any other change in the capital structure of the Company will be subject to the
same restrictions as the Shares. For the avoidance of doubt, the Shares shall be subject to the restrictions set forth in Section 4 hereof
and the Plan until they become vested, and, notwithstanding the Participant’s rights as a shareholder of the Company during such
time as the Shares remain unvested, the Participant hereby acknowledges and agrees that the Participant may not sell, transfer, assign,
gift, encumber or permit encumbrance upon, or otherwise transact in the Shares until they are vested and issued to the Participant in
unrestricted form in accordance with the terms of this Award Agreement.


c.
Attendance at Meetings; Voting. Until the Shares become vested and all restrictions thereon
are removed in accordance with the terms of this Award Agreement and the Plan, the Participant shall: 


(i)
cause all Shares granted to Participant pursuant to this Award Agreement to be present, in person
or by proxy, at any meeting of the Company’s stockholders, so that all such Shares shall be counted for the purpose of determining
the presence of a quorum at such meeting; and 


(ii)
vote, or cause to be voted, all such Shares in accordance with the recommendations of the Company
with respect to any business or proposal on which the stockholders of the Company are entitled to vote, whether at a meeting of the Company’s
stockholders or by written instrument thereof. This Section 5.c shall apply to any holder of the Shares to whom the Shares are transfer
by or on behalf of the Participant in the same manner it applies to the Participant.


6.
Tax Matters. 


a.
No Tax Advice; No Duty to Minimize Taxes. The Participant is hereby advised to consult with
the Participant’s own personal tax, financial, and/or legal advisors regarding the tax consequences of this Award. The Company has
no duty or obligation to minimize the tax consequences to the Participant of this Award and shall not be liable to the Participant for
any adverse tax consequences to Participant arising in connection with this Award, including with respect to any election pursuant to
Section 83(b) of the Code, as discussed in Section 6.b hereof (the “Section 83(b) Election”). The Participant is hereby
advised to consult with the Participant’s own personal tax, financial and/or legal advisors regarding the tax consequences of this
award and by signing this Award Agreement, the Participant has agreed that he or she has done so or knowingly and voluntarily declined
to do so.


b.
Tax Withholding Obligations. As set forth in Section 4.d hereof, the removal of the restrictions
on the Shares, or at any time thereafter as requested by the Company, the Participant shall pay or provide for payment of at least the
minimum amount of income taxes and other withholdings which the Company may be required to withhold with respect to such distribution
of shares (the “Withholding Taxes”). The Administrator may, in its sole discretion, permit the Participant to elect
to satisfy the Withholding Taxes by electing to surrender to the Company for cancellation that number of Shares having a fair market value
of no less than the amount of such Withholding Taxes (measured based on the closing price per share of the Company’s securities
as of the applicable vesting date of the vested Shares, as reported on the stock exchange on which the Company’s securities are
then traded), up to a maximum of Fifty percent (50%) of the fair market value of such vested Shares (“Net Settlement”);
provided, however, that Net Settlement shall not be available to satisfy the Withholding Taxes and other tax obligations due on
the issuance of the Shares by operation of the Participant’s Section 83(b) Election with respect to the Shares (as described in
Section 6.c below). Unless the Withholding Tax obligations of the Company are satisfied, the Company shall have no obligation to deliver
to the Participant any Shares. In the event the Company’s obligation to withhold arises prior to the
delivery to the Participant of Shares or it is determined after the delivery of Shares to the Participant that the amount of the Withholding
Taxes was greater than the amount withheld by the Company, the Participant Agrees to indemnify and hold the Company harmless from any
failure by the Company to withhold the proper amount.


c.
Section 83(b) Election. Subject to the Participant’s satisfaction of any tax withholding
obligation due thereon, the Participant may elect, within Thirty (30) days after the Grant Date, to file the Section 83(b) Election with
the Internal Revenue Service (“IRS”) and the Company to report receipt of the Shares as of the Grant Date and pay the
tax due on, regardless of their vesting status. Instructions on how to file the Section 83(b) Election with respect to the Award and a
sample Section 83(b) Election form is provided as Appendix B hereto. Accordingly, with respect to the Section 83(b) Election, the Participant
hereby acknowledges and agrees that:






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(i)
 the Company does not make any recommendation with respect to the decision to make the Section 83(b)
Election; 


(ii)
it is solely the responsibility of the Participant, and not the Company, to decide whether to make
the Section 83(b) Election in connection with the Award and, if so, to do so in a timely manner; 


(iii)
notwithstanding the Section 83(b) Election, the Shares shall remain subject to forfeiture and the
restrictions described herein and in the Plan until they become vested, and, in the event the Shares are forfeited following the Section
83(b) Election, the Company shall not be liable for any losses or other liability incurred by the Participant in connection with such
forfeiture, and the Participant shall not be entitled to receive any compensation for such forfeited Shares, except as provided herein
or required by applicable law; 


(iv)
the Participant is liable for, and hereby agrees to timely pay, all applicable tax obligations due
in connection with the Section 83(b) Election; and 


(v)
the satisfaction of the Withholding Taxes and any other tax obligations due with respect to the Section
83(b) Election may not be satisfied by withholding that number of Shares having a fair market value of no less than the amount of the
Withholding Taxes and other tax obligations due, and, for the avoidance of doubt, may only be satisfied by the payment, in cash, of the
amount of the Withholding Tax and other tax obligations due thereon.


d.
Section 409A. It is intended that the Award, the Plan, and this Award Agreement are exempt
from Section 409A of the Code and the interpretive guidance thereunder (“Section 409A”), and this Award Agreement shall
be administered accordingly, and interpreted and construed on a basis consistent with such intent. To the extent that any provision of
this Award Agreement would fail to comply with applicable requirements of Section 409A, the Company may, in its sole and absolute discretion
and without requiring the Participant’s consent, make such modifications to this Award Agreement and/or payments to be made thereunder
to the extent it determines necessary or advisable to comply with the requirements of Section 409A. Nothing in this Award Agreement shall
be construed as a guarantee of any particular tax effect for the Award, and the Company does not guarantee that any compensation or benefits
provided under this Award Agreement will satisfy the provisions of Section 409A.


7.
Representations and Warranties. By accepting the
Award, the Participant hereby represents, warrants, acknowledges and agrees as follows:


a.
The Participant has received a copy of the Plan, has reviewed the Plan and this Award Agreement in
their entirety, and has had an opportunity to obtain the advice of independent counsel prior to accepting the Award;


b.
The Participant has had the opportunity to consult with a tax advisor concerning the tax consequences
of accepting the Award, and understands that the Company makes no representation regarding the tax treatment as to any aspect of the Award,
including the grant, vesting, settlement, or conversion of the Award;


c.
The Participant’s participation in the Plan and acceptance of the Award is voluntary and without
expectation of employment or service, or continued employment or service, with the Company, and the Participant understands that neither
the grant of this discretionary Award nor the Participant’s participation in the Plan confers any right to continue in the service
of the Company or to receive any other award or amount of compensation, whether under the Plan or otherwise, and no payment of any award
under the Plan will be taken into account in determining any benefits under any pension, retirement, profit sharing, group insurance,
or other benefit plan of the Company except as otherwise specifically provided in such other plan;


d.
The Participant consents to the collection, use, and transfer, in electronic or other form, of the
Participant’s personal data by the Company, the Committee, and any third party retained to administer the Plan for the exclusive
purpose of administering the Award and Participant’s participation in the Plan; provided, that the Participant agrees to promptly
notify the Committee of any changes in the Participant’s name, address, or contact information during the entire period of Plan
participation; and 






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e.
Notices and other documents related to the Award or the Plan may be delivered by electronic means,
and the Participant hereby consents to receive such documents by electronic delivery and to participate in the Plan through an online
or electronic system authorized by the Committee.


8.
General Provisions.


a.
Conformity with Plan. This Agreement is intended to conform in all respects with, and is subject
to all applicable provisions of, the Plan; provided, however, inconsistencies between this Award Agreement and the Plan shall be
resolved in accordance with the terms of this Award Agreement in all respects; provided further, with respect to any ambiguities
in this Award Agreement or any matters as to which this Award Agreement is silent, the Plan shall govern.


b.
Governing Law; Disputes. The Plan and this Award Agreement are to be governed, construed,
and administered in accordance with the laws of the State of Nevada, without regard to otherwise governing conflict of laws principles.
Any dispute or controversy arising under, out of, or in connection with this Award Agreement shall be finally determined and settled by
binding arbitration in [•], in accordance with the rules and procedures of the American
Arbitration Association, and judgment upon the award may be entered in any court having jurisdiction thereof. In such arbitration, each
party shall bear its own costs and fees, including attorneys’ fees.


c.
Administration; Interpretation. In accordance with the Plan and this Award Agreement, the
Committee shall have full discretionary authority to administer the Award, including discretionary authority to interpret and construe
any and all provisions relating to the Award. Decisions of the Committee shall be final, binding, and conclusive on all parties. In the
event of a conflict between this Award Agreement and the Plan, the terms of the Plan shall prevail.


d.
Entire Agreement. This Agreement, together with the Plan, sets forth the entire agreement
and understanding of the parties relating to the subject matter herein and therein and merges all prior discussions between the parties.


e.
Severability. The provisions of this Award Agreement hereto are severable, and if any one
or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless
be binding and enforceable.


f.
Successors and Assigns. The rights and benefits of this Award Agreement shall inure to the
benefit of, and be enforceable by, the Company’s successors (including any successor by reason of amalgamation
of the Company) and assigns. The rights and obligations of Participant under this Award Agreement may not be assigned, except to Permitted
Transferees in accordance with Section 4.a hereof.


g.
Injunctive Relief. In addition to any other right of the Company to enforce the terms of this
Award Agreement, the Participant hereby consents and agrees that the Company may bring an action or special proceeding in any state or
federal court of competent jurisdiction to seek injunctive or other relief to enforce the Participant’s compliance with any restrictive
covenant obligations undertaken by the Participant in connection with the grant of the Award.






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9.
Acknowledgement of Receipt and Acceptance. By signing
below (including via electronic signature, as approved by the Plan Administrator), the undersigned Participant: (a) acknowledges receipt
and acceptance of the Award, subject and pursuant to the terms and conditions of this Award Agreement and of the Plan, which are incorporated
by reference herein; (b) agrees to the representations made in Section 7 of this Award Agreement above; (c) agrees to be bound by this
Award Agreement and the Plan; and (d) acknowledges that the Award granted by this Award Agreement is subject to forfeiture until vested.


 


 


 


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IN WITNESS WHEREOF,
the undersigned parties, intending to be bound, have executed this Restricted Stock Award Agreement, as of the Grant Date specified in
the Notice of Grant accompanying this Award Agreement.


THE COMPANY


Riot Blockchain, Inc., a Nevada corporation


 


By: __________________________

Name:__________________________

Title: __________________________


 


THE PARTICIPANT


By my signature below, I,
the undersigned individual, hereby acknowledge and agree that my receipt and understanding of this Award Agreement and the documents incorporated
by reference herein, including, for the avoidance of doubt, the Riot Blockchain, Inc. 2019 Equity Incentive Plan, as amended, and the
documents incorporated by reference therein, and I hereby agree to be bound and abide by the terms and conditions of this Award Agreement.


 


	__________________________

Date Accepted	__________________________

Participant's Signature
	 	 
	 	__________________________

Participant's Name

(Please Print)


 


Attachments:Appendix A – Notice of
Grant


Appendix B –
Section 83(b) Election Form


Appendix C – Irrevocable
Stock Power 


 


 


[Signature Page to Riot – [_________]
Service-Based Restricted Stock Award Agreement]


 


 




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Appendix B


Section 83(b) Election Form Filing
Instructions and Sample Section 83(b) Election Form


 


[ATTACHED]


 


 


 


 




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Appendix C


Irrevocable Stock Power


 


[ATTACHED]