is either (i) not adverse to
Director, or (ii) consented to by Director.
14.Compensation Recoupment Policy.
This Award Agreement shall be subject to the
terms and conditions of any compensation recoupment policy adopted from time to
time by the Board or any committee of the Board, to the extent such policy is
applicable.
IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by
an authorized officer and Director has executed this Agreement, all as of the
date first above written.
SALLY BEAUTY HOLDINGS, INC.
By:
Title:
President & Chief Executive Officer, Sally Beauty Holdings, Inc.
DIRECTOR ACKNOWLEDGES AND AGREES THAT THE RSUs SUBJECT TO THIS AWARD SHALL VEST
AND THE RESTRICTIONS RESULTING IN THE FORFEITURE OF THE RSUs SHALL LAPSE, IF AT
ALL, ONLY DURING THE PERIOD OF DIRECTOR'S SERVICE TO THE COMPANY OR AS OTHERWISE
PROVIDED IN THIS AGREEMENT (NOT THROUGH THE ACT OF BEING GRANTED THE RSUs).
DIRECTOR FURTHER ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS AGREEMENT OR THE
PLAN SHALL CONFER UPON DIRECTOR ANY RIGHT WITH RESPECT TO FUTURE AWARDS OR
CONTINUATION OF DIRECTOR'S SERVICE TO THE COMPANY.
DIRECTOR ACKNOWLEDGES
RECEIPT OF A COPY OF THE PLAN, REPRESENTS THAT HE OR SHE IS FAMILIAR WITH THE
TERMS AND PROVISIONS THEREOF, AND HEREBY ACCEPTS THE RSUs SUBJECT TO ALL OF THE
TERMS AND PROVISIONS HEREOF AND THEREOF, INCLUDING THE MANDATORY DISPUTE
RESOLUTION PROVISIONS.
DIRECTOR HAS REVIEWED THIS AGREEMENT AND THE PLAN IN
THEIR ENTIRETY, HAS HAD AN OPPORTUNITY TO OBTAIN THE ADVICE OF COUNSEL PRIOR TO
EXECUTING THIS AGREEMENT, AND FULLY UNDERSTANDS ALL PROVISIONS OF THIS AGREEMENT
AND THE PLAN.
DIRECTOR
DATED:
SIGNED:
Full Name