Document:

EX-10.2

 Exhibit 10.2 

Dave & Buster’s Entertainment, Inc. 

2014 Omnibus Incentive Plan 

RESTRICTED STOCK UNIT AWARD AGREEMENT 

(DIRECTOR FORM) 
 THIS
RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Award Agreement”) is made effective as of [●] (the “Date of Grant”), between Dave & Buster’s Entertainment, Inc., a Delaware corporation (the
“Company”) and [●] (the “Participant”). 
 RECITALS: 

WHEREAS, the Company has adopted the Dave & Buster’s Entertainment, Inc. 2014 Omnibus Incentive Plan (the
“Plan”); and 
 WHEREAS, the Committee has determined that it would be in the best interests of the Company and its
stockholders to grant restricted stock units, settleable in shares of common stock of the Company, par value $.01 per share (a “Share”), provided for herein to the Participant pursuant to the Plan and the terms set forth herein.

 NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties agree as follows: 

1.    Grant of the Restricted Stock Units.  The Company hereby grants to the Participant [●]
restricted stock units (the “RSUs”) as of the Date of Grant (the “Award”). 

2.    Vesting of the Restricted Stock. 

(a)    General.  The RSUs shall fully vest on the first anniversary of the Date of Grant (the
“Vesting Date”) subject to the Participant’s continued service as a director (“Service”) with the Company through the Vesting Date and the terms of the Plan. At any time, the RSUs which have become vested in
accordance with the terms hereof shall be called the “Vested RSUs.” 
 3.    Termination of
Service. 
 (a)    Upon termination of Participant’s Service for any reason other than by the Board for Cause
(as defined below) prior to the Vesting Date, a prorated portion of the RSUs shall immediately become vested based on a fraction, the numerator of which is the number of days from the Date of Grant through the date of such Termination, and the
denominator of which is three hundred sixty-five (365); provided, however, that if such termination occurs on or within three (3) months following a Change of Control, the RSUs shall vest in full as of such termination. For purposes of
this Award Agreement, “Cause” shall be deemed to exist only if: (i) the Participant has been indicted for or convicted of, has pleaded guilty or nolo contendere to or is granted immunity to testify where another
member of the Board has been convicted of a felony, (ii) the Participant has willfully failed to perform his duties, has been grossly negligent in the performance of his duties or has engaged in willful or serious misconduct in a matter that is
injurious to the Company, in each case as determined by a court of competent jurisdiction or by 

  
 Director 

Restricted Stock Unit Award Agreement 

Page 1 of 6 

 
the affirmative vote of at least a majority of the other members of the Board at any regular or special meeting of the Board called for such purpose, (iii) the Participant has been
adjudicated by a court of competent jurisdiction to be mentally incompetent, which mental incompetency directly affects his ability to perform as a Director, or (iv) the Participant has been found by a court of competent jurisdiction or by the
affirmative vote of at least a majority of the other members of the Board at any regular or special meeting of the Board called for such purpose to have breached the Participant’s duty of loyalty to the Company or its stockholders or to have
engaged in any transaction with the Company from which the Participant derived an improper personal benefit. 

(b)    Upon a termination of the Participant’s Service for any reason, any unvested portion of the RSUs (as
determined following the application of Section 3(a) hereof) shall be deemed retransferred to and reacquired by the Company, without consideration, effective as of the date of termination of Service, and the Participant shall forfeit all rights
in connection therewith. 
 4.    Settlement.  Subject to the terms of the Plan and this Award
Agreement, including, without limitation, Section 3 hereof, and to the extent that it would not cause a violation of Section 409A, each Vested RSU shall be settled as soon as practicable following the Vesting Date, and in all events no
later than 60 days after the Vesting Date, as determined solely by the Company (the date of settlement, the “Settlement Date”). On the Settlement Date, vested RSUs shall be converted into an equivalent number of Shares, which will
be distributed to the Participant or the Participant’s legal representative. The Company may at its election either (a) on or after the Settlement Date, issue a certificate representing the Shares subject to this Agreement, or (b) not
issue any certificate representing Shares subject to this Award Agreement and instead document the Participant’s interest in the Shares by registering the Shares with the Company’s transfer agent (or another custodian selected by the
Company) in book-entry form. Notwithstanding the foregoing, if all or any portion of the RSUs is subject to an effective and irrevocable election under the Dave & Buster’s Entertainment, Inc. 2016 Deferred Compensation Plan for Non-Employee Directors (or any successor plan), such RSUs will be settled in accordance with the election and not on the Settlement Date. 

5.    No Right to Continued Service.  The granting of the Award evidenced hereby and this Award Agreement
shall impose no obligation on the Company or any Affiliate to continue the Service of the Participant and shall not lessen or affect any right that the Company or any Affiliate may have to terminate the Service of such Participant. 

6.    Shareholder Rights.  Neither the Participant nor the Participant’s representative shall have
any rights as a shareholder of the Company with respect to the RSUs until such Person receives the Shares, if any, issued upon settlement. 

7.    Securities Laws/Legend on Certificates.  The issuance and delivery of Shares shall comply with all
applicable requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other
securities market on which the Company’s securities may then be traded. If the Company deems it necessary to ensure that the issuance of securities under the Plan is not required to be registered under any applicable securities

  
 Director 

Restricted Stock Unit Award Agreement 

Page 2 of 6 

 
laws, the Participant shall deliver to the Company an agreement or certificate containing such representations, warranties and covenants as the Company which satisfies such requirements. The
certificates representing the Shares shall be subject to such stop transfer orders and other restrictions as the Committee may deem reasonably advisable, and the Committee may cause a legend or legends to be put on any such certificates to make
appropriate reference to such restrictions. 
 8.    Transferability.  Unless otherwise provided by the
Committee, the Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation,
pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate; provided that, the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale,
transfer or encumbrance. No such permitted transfer of the Award to heirs or legatees of the Participant shall be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a copy of such evidence as
the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions hereof. 

9.    Compliance with Section 409A.  The Company intends that the RSUs be structured
in compliance with, or to satisfy an exemption from, Section 409A of the Code and all regulations, guidance, compliance programs and other interpretative authority thereunder (“Section 409A”), and all
provisions of this Award Agreement shall be construed in a manner consistent with the requirements for avoiding taxes or penalties under Section 409A. 

10.    Notices.  Any notification required by the terms of this Award Agreement shall be given in writing
and shall be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. A notice shall be addressed to the Company,
Attention: General Counsel, at its principal executive office and to the Participant at the address that he or she most recently provided to the Company. 

11.    Entire Agreement.  This Award Agreement, the Plan and the Dave &Buster’s
Entertainment, Inc. 2016 Deferred Compensation plan for Non-Employee Directors, if applicable, constitute the entire contract between the parties hereto with regard to the subject matter hereof and supersede
any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof. 

12.    Waiver.  No waiver of any breach or condition of this Award Agreement shall be deemed to be a
waiver of any other or subsequent breach or condition whether of like or different nature. 
 13.    Successors and
Assigns.  The provisions of this Award Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns and the legal representatives,
heirs and legatees of the Participant’s estate, whether or not any such person shall have become a party to this Award Agreement and have agreed in writing to be joined herein and be bound by the terms hereof. 

  
 Director 

Restricted Stock Unit Award Agreement 

Page 3 of 6 

 14.    Governing Law; Jurisdiction; Waiver of Jury Trial. 

(a)    This Award Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or
otherwise) that may be based upon, arise out of or relate to this Award Agreement shall be governed by the internal laws of the State of Delaware, excluding any conflicts or
choice-of-law rule or principle that might otherwise refer construction or interpretation of the Award Agreement to the substantive law of another jurisdiction. Each
party to this Award Agreement agrees that it shall bring all claims, causes of action and proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or be related to the Award Agreement exclusively in the
Delaware Court of Chancery or, in the event (but only in the event) that such court does not have subject-matter jurisdiction over such claim, cause of action or proceeding, exclusively in the United States District Court for the District of
Delaware (the “Chosen Court”) and hereby (i) irrevocably submits to the exclusive jurisdiction of the Chosen Court, (ii) waives any objection to laying venue in any such proceeding in the Chosen Court, (iii) waives
any objection that the Chosen Court is an inconvenient forum or does not have jurisdiction over any party and (iv) agrees that service of process upon such party in any such claim or cause of action shall be effective if notice is given in
accordance with this Award Agreement. 
 (b)    EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY
JURY IN ANY CLAIM OR CAUSE OF ACTION (WHETHER IN CONTRACT, IN TORT, AT LAW OR OTHERWISE) INSTITUTED BY OR AGAINST SUCH PARTY IN RESPECT OF ITS, HIS OR HER OBLIGATIONS HEREUNDER. 

15.    Award Subject to Plan.  By entering into this Award Agreement the Participant agrees and
acknowledges that the Participant has received and read a copy of the Plan. The Award is subject to the Plan. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated herein by reference. In the event of a
conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. Capitalized terms not otherwise defined herein shall have the same meanings as in
the Plan. 
 16.    No Guarantees Regarding Tax Treatment.  The Participant shall be responsible for
all taxes with respect to the Award. The Committee and the Company make no guarantees regarding the tax treatment of the Award. Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax under
Section 409A or Section 457A of the Code or otherwise, and none of the Company, any Affiliate or any of their employees or representatives shall have any liability to a Participant with respect thereto. 

17.    Amendment.  The Committee may amend or alter this Award Agreement and the RSUs granted hereunder
at any time, subject to the terms of the Plan. 
 18.    Signature in Counterparts.  This Award
Agreement may be signed in counterparts, manually or electronically, and each of which will be an original, with the same effect as if the signatures to each were upon the same instrument. 

19.    Electronic Signature and Delivery.  This Award Agreement may be accepted by return signature or by
electronic confirmation. Each party agrees that the electronic signatures, 

  
 Director 

Restricted Stock Unit Award Agreement 

Page 4 of 6 

 
whether digital or encrypted, of the parties included in this Award Agreement are intended to authenticate this writing and to have the same force and effect as manual signatures. Delivery
of a copy of this Agreement or any other document contemplated hereby bearing an original or electronic signature by facsimile transmission (whether directly from one facsimile device to another by means of a
dial-up connection or whether mediated by the worldwide web), by electronic mail in “portable document format” (“.pdf”) form, or by any other electronic means intended to preserve the
original graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an original or electronic signature. 

20.    Severability.  The provisions of this Award Agreement 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. 

[signature page follows] 

  
 Director 

Restricted Stock Unit Award Agreement 

Page 5 of 6 

 IN WITNESS WHEREOF, the Company and the Participant have executed this Restricted Stock Unit
Award Agreement as of the date first set forth above. 
  

	
	PARTICIPANT
	
	   

  

			
	 DAVE & BUSTER’S

ENTERTAINMENT, INC.

		
	By:	 	 
		 	            

  
 Director 

Restricted Stock Unit Award Agreement 

Page 6 of 6EX-10.3

 Exhibit 10.3 

Dave & Buster’s Entertainment, Inc. 

2014 Omnibus Incentive Plan 

(Performance Based) 

RESTRICTED STOCK UNIT AND CASH AWARD AGREEMENT 

THIS RESTRICTED STOCK UNIT AND CASH AWARD AGREEMENT (this “Award Agreement”) is made effective as of [●] (the
“Date of Grant”), between Dave & Buster’s Entertainment, Inc., a Delaware corporation (the “Company”) and [●] (the “Participant”). 

R E C I T A L S: 

WHEREAS, the Company has adopted the Dave & Buster’s Entertainment, Inc. 2014 Omnibus Incentive Plan (the
“Plan”); and 
 WHEREAS, the Compensation Committee of the Board of Directors of the Company (the “Committee”)
has determined that it would be in the best interests of the Company and its stockholders to grant the award (the “Award”) of restricted stock units (each, an “RSU”) and cash (the “Cash Award”)
provided for herein to the Participant pursuant to the Plan and the terms set forth herein. 
 NOW THEREFORE, in consideration of the mutual
covenants hereinafter set forth, the parties agree as follows: 
 1.    Grant of Award. 

(a)    Restricted Stock Unit Component.  The Company hereby grants to the Participant RSUs on the
following terms. Upon achievement of target-level performance set forth in this Agreement, [●] RSUs may be earned under this Award (the “Target Achievable RSUs”) in respect of the performance period commencing on [●],
and terminating on [●] (the “Performance Period,” and the last day, the “Closing Date”); provided, that the Participant may earn up to a maximum of [●] RSUs under this Award for performance above target
(the “Maximum Achievable RSUs”) as set forth in this Agreement. Each RSU represents one notional share of common stock, par value $.01 per share, of the Company (each, a “Share”).
Two-thirds of the Target Achievable RSUs shall constitute “EBITDA-Based RSUs,” and one-third of the Target Achievable RSUs shall constitute
“ROIC-Based RSUs,” in each case calculated in accordance with Section 2 below. 
 (b)    Cash
Award Component.  The Company hereby grants to the Participant a Cash Award on the following terms. Upon achievement of target-level performance set forth in this Agreement, a cash payment of $[●] may be earned under this Award
(the “Target Cash Amount”) in respect of the Performance Period; provided, that the Participant may earn up to a maximum of $[●] under this Award for performance above target (the “Maximum Cash Amount”) as set
forth in this Agreement. Two-thirds of the Target Cash Amount shall constitute “EBITDA-Based Cash Amount,” and one-third of the Target Cash Amount shall
constitute “ROIC-Based Cash Amount,” in each case calculated in accordance with Section 2 below. 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 1 of 10 

 2.    Calculation of Earned Portion. 

(a)    Timing.  Subject to the terms of the Plan and this Award Agreement, including, without limitation,
Sections 3 and 4 hereof, as soon as reasonably practicable following the Closing Date and completion of the Company’s audit in respect of its [●] fiscal year, the Committee shall determine and certify, with effect as of the Closing Date,
(i) the numbers of EBITDA-Based RSUs and ROIC-Based RSUs, if any, that shall be deemed earned and eligible for settlement (such RSUs, “Earned RSUs”) and (ii) the EBITDA-Based Cash Amount and ROIC-Based Cash Amount, if any,
that shall be deemed earned and eligible for settlement (such amounts, the “Earned Cash Amount”), in the cases of both (i) and (ii), in accordance with subsections (b) and (c) below. Any and all RSUs that are not deemed to
be Earned RSUs, and any portion of the Cash Award that is not deemed to be an Earned Cash Amount, in either case, as of the Closing Date, shall be forfeited and canceled immediately without consideration and shall not be eligible for settlement in
accordance with Section 3 hereof. 
 (b)    EBITDA-Based Calculation.  All or a portion of the
EBITDA-Based RSUs and the EBITDA-Based Cash Amount shall be deemed earned as set forth in the table below based on the Company’s net income (loss), plus interest expense (net), loss on debt retirement, provision (benefit) for income taxes, and
depreciation and amortization expense, calculated cumulatively in respect of the Performance Period; provided that in the reasonable discretion of the Committee, additions or reductions to the foregoing calculations will be made to address items not
contemplated by the Company’s long range plan or for items that affect the Company’s results during the Performance Period but which directly relate to transactions or events that occurred outside of the Performance Period, including but
not limited to the following nonrecurring items: Board-approved strategic investment(s) (such as but not limited to future growth vector(s), adjacent brand concept(s), rebranding initiative(s), or operating model alternative(s)), bank financing
transactions, equity offerings in excess of the long-term plan, mergers, acquisitions, divestitures, legal settlements, non-cash asset impairments, severance payments, restructurings, incremental estimated
excess store pre-opening expense (typically limited to store(s) above planned levels that open within nine months prior to end of the Performance Period) and stock option grants in excess of the long-term plan
(“EBITDA”). EBITDA shall be determined by reference to and shall incorporate the relevant elements of the Company’s audited financial statements as prepared in accordance with United States generally accepted accounting
principles applied on a consistent basis (“GAAP”). If EBITDA falls between the minimum level and target level or between the target level and maximum level (each such level as set forth below), then the percentage of EBITDA-Based
RSUs and the percentage of the EBITDA-Based Cash Amount that shall be deemed earned shall be determined using straight-line interpolation between the two applicable levels. The EBITDA-Based RSUs and EBITDA-Based Cash Amount that are deemed earned in
accordance with this Section 2(b) shall be payable as of (and not before) the Settlement Date (defined below) provided that the Participant continues to provide Service to the Company until the close of business on the Settlement Date (except
as otherwise provided in Section 4). 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 2 of 10 

					
	 EBITDA
	  	Earned Percentage of
EBITDA-Based RSUs	 	Earned Percentage of EBITDA-
Based Cash Amount
	 $___ or greater (maximum level)
	  	200%	 	200%
	 $___ (target level)
	  	100%	 	100%
	 $___ (minimum level)
	  	50%	 	50%
	 Less than $___
	  	0%	 	0%

 (c)    ROIC-Based Calculation. 

(i)    All or a portion of the ROIC-Based RSUs and ROIC-Based Cash Amount shall be deemed earned and eligible for
settlement as set forth in the table below based on the Company’s return on invested capital (“ROIC”) aggregated for all New Stores (as defined below) during the Performance Period (“Aggregate ROIC”). If
Aggregate ROIC falls between the minimum level and target level or between the target level and maximum level (each such level as set forth below), then the percentage of ROIC-Based RSUs and the percentage of the ROIC-Based Cash Amount that shall be
deemed earned shall be determined using straight-line interpolation between the two applicable levels. The ROIC-Based RSUs and ROIC-Based Cash Amount that are deemed earned in accordance with this Section 2(c) shall be payable as of (and not
before) the Settlement Date provided that the Participant continues to provide Service to the Company until the close of business on the Settlement Date (except as otherwise provided in Section 4). 

 

					
	 Aggregate ROIC
	  	Earned Percentage of
ROIC-Based RSUs	 	Earned Percentage of ROIC-
Based Cash Amount
	 At least ___% (maximum level)
	  	200%	 	200%
	 At least ___% (target level)
	  	100%	 	100%
	 At least ___% (minimum level)
	  	50%	 	50%
	 Less than ___%
	  	0%	 	0%

 (ii)    For purposes of this Agreement, ROIC for any New Store shall be calculated on a
fiscal period basis based on store-level net income (loss), plus interest expense (net), loss on debt retirement, provision (benefit) for income taxes, depreciation and amortization expense, general and administrative expenses and pre-opening costs, but shall be exclusive of national marketing costs and gain (loss) on asset disposals, over net development costs (including equipment, building, leaseholds and site costs, net of tenant
improvement allowances received or receivable from landlords and excluding preopening costs, capitalized interest and games added during the first six months of operation), and shall be determined in accordance with GAAP. 

(iii)    For purposes of calculating ROIC for any New Store, ROIC by fiscal period will be calculated for each of the
first 24 “full fiscal periods” of operation that fall 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 3 of 10 

 
during the Performance Period. A partial fiscal period in which a New Store is operational for at least fourteen (14) calendar days will be counted as a “full fiscal period” for
purposes of determining the first 24 full fiscal periods. For any such partial fiscal period, ROIC will be grossed up (calculated on a daily basis) to a full period and then included in the calculation. For avoidance of doubt, any fiscal
period during the Performance Period in which a New Store is not operational for at least fourteen (14) calendar days shall be excluded for all purposes. 

(iv)    “New Store” shall mean a Company store for which any one of the first 24 “full fiscal
periods” occurs during the Performance Period, but shall not include a Company store as a result of a reopening or relocation during the Performance Period. 

(v)    With respect to New Stores located in Canada, return on invested capital shall be calculated in local currency,
without translation. 
 (vi)    Aggregate ROIC will be calculated by averaging ROIC by fiscal period for all New Stores
during the Performance Period in accordance with (i) through (v) above. 
 3.    Settlement; Payment. 

(a)    RSUs.  Subject to the terms of the Plan and this Award Agreement, including, without limitation,
Section 4 hereof, and to the extent that it would not cause a violation of Section 409A, each Earned RSU shall be settled as soon as practicable following the Closing Date, and in all events no later than [●], as determined solely by
the Company (the date of settlement, the “Settlement Date”). Earned RSUs shall be converted into an equivalent number of Shares, which will be distributed to the Participant or the Participant’s legal representative. The
Company may at its election either (a) on or after the Settlement Date, issue a certificate representing the Shares subject to this Agreement, or (b) not issue any certificate representing Shares subject to this Award Agreement and instead
document the Participant’s interest in the Shares by registering the Shares with the Company’s transfer agent (or another custodian selected by the Company) in book-entry form. 

(b)    Cash Award.  Subject to the terms of the Plan and this Award Agreement, including, without
limitation, Section 4 hereof, and to the extent that it would not cause a violation of Section 409A, any Earned Cash Amount shall be paid to the Participant or the Participant’s legal representative on the Settlement Date. 

(c)    Award Subject to Clawback Policy.  The Participant agrees and acknowledges that the Participant is
bound by, and the Award is subject to, any clawback policy adopted by the Committee with respect to performance-based compensation. 

4.    Termination of Service.  Notwithstanding anything herein to the contrary: 

(a)    Termination of Service Due to Death or Disability.  Upon a termination of the Participant’s
Service by reason of death or Disability at any time prior to the Settlement Date, the Award shall be settled in accordance with Section 3 hereof in respect of the number of RSUs 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 4 of 10 

 
and the percentage of the Target Cash Amount that would have been earned pursuant to this Agreement based on actual performance during the full Performance Period, notwithstanding the termination
of the Participant’s Service. For purposes of this Award Agreement, “Disability” means (i) “Disability” as defined in any employment agreement between the Participant and the Company or any of its Affiliates, or
(ii) if there is no such employment agreement or if it does not define Disability: the Participant is disabled to the extent that he or she is unable to engage in any substantial gainful activity by reason of any medically determinable physical
or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, or is receiving income replacement benefits for a period of not less than three
(3) months under an accident and health plan covering employees of Dave & Buster’s Management Corporation, Inc. The determination of the Participant’s Disability shall be made in good faith by a physician reasonably
acceptable to the Company. 
 (b)    Termination of Service Due to Retirement.  Upon a termination of
the Participant’s Service by reason of Retirement prior to the Settlement Date, the Award shall be settled in accordance with Section 3 hereof in respect of the number of RSUs and the percentage of the Target Cash Amount that would have
been earned pursuant to this Agreement based on actual performance during the full Performance Period, notwithstanding the termination of the Participant’s Service, prorated to reflect the number of days in the Performance Period that preceded
or included the date of termination of Service. For purposes of this Award Agreement, “Retirement” means (i) “Retirement” as defined in any employment agreement between the Participant and the Company or any of its
Affiliates, or (ii) if there is no such employment agreement or if it does not define Retirement: termination of the Participant’s Service, other than for Cause, after attaining (A) age sixty (60) and completing ten
(10) years of continued Service (i.e., without any termination of Service) with the Company or its Affiliates or (B) age sixty-five (65). For purposes of this Award Agreement, “Cause” means (x) “Cause” as defined
in any employment agreement between the Participant and the Company or any of its Affiliates, or (y) if there is no such employment agreement or if it does not define Cause: the willful and continued failure by the Participant to perform the
duties assigned by the Company, failure to follow reasonable business-related directions from the Company, gross insubordination, theft from the Company or its Affiliates, habitual absenteeism or tardiness, conviction or plea of guilty or nolo
contendere to a felony, misdemeanor involving fraud, theft or moral turpitude, or any other reckless or willful misconduct that is contrary to the best interests of the Company or materially and adversely affects the reputation of the Company.

 (c)    Termination without Cause or for Good Reason related to a Change of Control.  Upon (i) a
termination of the Participant’s Service by the Company or one of its successors or Affiliates without Cause or due to the Participant’s resignation for Good Reason (excluding termination by reason of death or Disability), in either case
prior to the Settlement Date (a “Specified Termination”) and (ii) either within ninety (90) days before or within twelve (12) months following the occurrence of a Change of Control of the Company (the
“Protected Period”), the Award shall be settled in accordance with Section 3 hereof in respect of the number of RSUs and the percentage of the Target Cash Amount that would have been earned pursuant to this Agreement based on
actual performance during the full Performance Period, notwithstanding 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 5 of 10 

 
the termination of the Participant’s Service, prorated to reflect the number of days in the Performance Period that preceded or included the date of termination of Service; provided,
that if a Specified Termination should occur prior to a Change of Control of the Company, the Award shall remain outstanding for ninety (90) days following such Specified Termination in order to determine whether such Specified Termination
shall have occurred during a Protected Period such that the Award shall be eligible for settlement pursuant to this Section 4(c). For purposes of this Award Agreement, “Good Reason” means (i) “Good Reason” as defined
in any employment agreement between the Participant and the Company or any of its Affiliates, or (ii) if there is no such employment agreement or if it does not define Good Reason: Without the Participant’s consent, (A) a material
reduction in the Participant’s annual base salary or (B) a relocation of the Participant’s primary place of employment with the Company by more than fifty (50) miles from that in effect as of the Date of Grant; provided, however,
that neither item (A) nor item (B) shall constitute Good Reason unless the Participant has provided written notice to the Company within thirty (30) days of the occurrence of such event and the Company shall have failed to cure such
event within thirty (30) days of receipt of such written notice. 
 (d)    Other Terminations of
Service.  Upon a termination of the Participant’s Service prior to the Settlement Date for any reason other than pursuant to Sections 4(a), 4(b) and 4(c) above, the Award, including any
Earned RSUs and any Earned Cash Amount, shall immediately terminate and be forfeited without consideration. 

5.    No Right to Continued Service.  The granting of the Award evidenced hereby and this Award Agreement
shall impose no obligation on the Company or any Affiliate to continue the Service of the Participant and shall not lessen or affect any right that the Company or any Affiliate may have to terminate the Service of such Participant. 

6.    Shareholder Rights.  Neither the Participant nor the Participant’s representative shall have
any rights as a shareholder of the Company with respect to the RSUs until such Person receives the Shares, if any, issued upon settlement. 

7.    Non-Solicitation and
Non-Hire.  If the Participant has an employment agreement with the Company or any of its Subsidiaries that contains non-solicitation and/or non-hire covenants, the covenants are incorporated herein by reference. To the extent the Participant does not have an employment agreement containing such covenants, the following restrictive covenants shall apply:

 As a material incentive for the Company to enter into this Award Agreement, during the term of the Participant’s employment with the
Company or any of its Subsidiaries and for a period of twelve (12) months from the termination of the Participant’s employment for any reason (including, without limitation, resignation by the Participant) (the “Non-Solicitation and Non-Hire Period”) the Participant shall not, directly or indirectly, on the Participant’s own behalf or on behalf of any other person,
partnership, entity, association, or corporation, induce or attempt to influence, induce, or encourage anyone who is or, within the six (6) months prior to the date of termination was, an employee of the Company or any of its Subsidiaries at or
above the managerial level (including, without limitation, General Managers, Assistant General Managers, store 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 6 of 10 

 
departmental managers, and all higher-ranking managers) (for purposes of this Section 7, an “Employee”), client, supplier, vendor, licensee, distributor, contractor or other
business relation of the Company or any of its Subsidiaries to cease doing business with, adversely alter or interfere with its business relationship with, the Company or any of its Subsidiaries. Further, during the
Non-Solicitation and Non-Hire Period, the Participant shall not, on the Participant’s own behalf or on behalf of any other person, partnership, entity, association,
or corporation, (i) solicit or seek to hire any Employee, or in any other manner attempt directly or indirectly to influence, induce, or encourage any Employee to leave their employ (provided, however, that nothing herein shall restrict the
Participant from engaging in any general solicitation that is not specifically targeted at such persons), nor shall the Participant use or disclose to any person, partnership, entity, association, or corporation any information concerning the names,
addresses or personal telephone numbers of any Employee, (ii) without the Company’s prior written consent, hire, employ or engage as a consultant any Employee, or (iii) directly or indirectly solicit, induce, or attempt to influence,
induce, or encourage any person, partnership, entity, association, or corporation that is a client or customer of the Company or its Subsidiaries and who or which the Participant helped to schedule or conduct a special event or corporate
teambuilding while employed by the Company or its Subsidiaries to schedule or conduct a special event or corporate teambuilding through another person, partnership, entity, association, or corporation. 

This Section 7 shall survive exercise, termination or settlement of the RSU and termination or satisfaction of the Award Agreement. 

8.    Securities Laws/Legend on Certificates.  The issuance and delivery of Shares shall comply with all
applicable requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other
securities market on which the Company’s securities may then be traded. If the Company deems it necessary to ensure that the issuance of securities under the Plan is not required to be registered under any applicable securities laws, the
Participant shall deliver to the Company an agreement or certificate containing such representations, warranties and covenants as the Company which satisfies such requirements. The certificates representing the Shares shall be subject to such stop
transfer orders and other restrictions as the Committee may deem reasonably advisable, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions. 

9.    Transferability.  Unless otherwise provided by the Committee, the Award may not be assigned,
alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by will or by the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale, transfer or
encumbrance shall be void and unenforceable against the Company or any Affiliate; provided that, the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. No such
permitted transfer of the Award to heirs or legatees of the Participant shall be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a copy of such evidence as the Committee may deem necessary
to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions hereof. 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 7 of 10 

 10.    Withholding.  The Participant may be required to
pay to the Company or any Affiliate and the Company shall have the right and is hereby authorized to withhold any applicable withholding taxes in respect of the Award, its exercise or transfer and to take such other action as may be necessary in the
opinion of the Committee to satisfy all obligations for the payment of such withholding taxes. 

11.    Notices.  Any notification required by the terms of this Award Agreement shall be given in writing
and shall be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. A notice shall be addressed to the Company,
Attention: General Counsel, at its principal executive office and to the Participant at the address that he or she most recently provided to the Company. 

12.    Entire Agreement.  This Award Agreement and the Plan constitute the entire contract between the
parties hereto with regard to the subject matter hereof and supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof. 

13.    Waiver.  No waiver of any breach or condition of this Award Agreement shall be deemed to be a
waiver of any other or subsequent breach or condition whether of like or different nature. 
 14.    Successors and
Assigns.  The provisions of this Award Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns and the legal representatives,
heirs and legatees of the Participant’s estate, whether or not any such person shall have become a party to this Award Agreement and have agreed in writing to be joined herein and be bound by the terms hereof. 

15.    Governing Law; Jurisdiction; Waiver of Jury Trial. 

(a)    This Award Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or
otherwise) that may be based upon, arise out of or relate to this Award Agreement shall be governed by the internal laws of the State of Delaware, excluding any conflicts or
choice-of-law rule or principle that might otherwise refer construction or interpretation of the Award Agreement to the substantive law of another jurisdiction. Each
party to this Award Agreement agrees that it shall bring all claims, causes of action and proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or be related to the Award Agreement exclusively in the
Delaware Court of Chancery or, in the event (but only in the event) that such court does not have subject-matter jurisdiction over such claim, cause of action or proceeding, exclusively in the United States District Court for the District of
Delaware (the “Chosen Court”) and hereby (i) irrevocably submits to the exclusive jurisdiction of the Chosen Court, (ii) waives any objection to laying venue in any such proceeding in the Chosen Court, (iii) waives
any objection that the Chosen Court is an inconvenient forum or does not have jurisdiction over any party and (iv) agrees that service of process upon such party in any such claim or cause of action shall be effective if notice is given in
accordance with this Award Agreement.

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 8 of 10 

 (b)    EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ALL RIGHT TO A
TRIAL BY JURY IN ANY CLAIM OR CAUSE OF ACTION (WHETHER IN CONTRACT, IN TORT, AT LAW OR OTHERWISE) INSTITUTED BY OR AGAINST SUCH PARTY IN RESPECT OF ITS, HIS OR HER OBLIGATIONS HEREUNDER. 

16.    Award Subject to Plan.  By entering into this Award Agreement the Participant agrees and
acknowledges that the Participant has received and read a copy of the Plan. The Award is subject to the Plan. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated herein by reference. In the event of a
conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. Capitalized terms not otherwise defined herein shall have the same meanings as in
the Plan. 
 17.    No Guarantees Regarding Tax Treatment.  The Participant shall be responsible for
all taxes with respect to the Award. The Committee and the Company make no guarantees regarding the tax treatment of the Award. 

18.    Amendment.  The Committee may amend or alter this Award Agreement and the RSUs and Cash Award
granted hereunder at any time, subject to the terms of the Plan. 
 19.    Signature in
Counterparts.  This Award Agreement may be signed in counterparts, manually or electronically, and each of which will be an original, with the same effect as if the signatures to each were upon the same instrument. 

20.    Electronic Signature and Delivery.  This Award Agreement may be accepted by return signature or by
electronic confirmation. Each party agrees that the electronic signatures, whether digital or encrypted, of the parties included in this Award Agreement are intended to authenticate this writing and to have the same force and effect as manual
signatures. Delivery of a copy of this Agreement or any other document contemplated hereby bearing an original or electronic signature by facsimile transmission (whether directly from one facsimile device to another by means of a dial-up connection or whether mediated by the worldwide web), by electronic mail in “portable document format” (“.pdf”) form, or by any other electronic means intended to preserve the original
graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an original or electronic signature. 

21.    Severability.  The provisions of this Award Agreement 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. 

[signature page follows] 

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 9 of 10 

 IN WITNESS WHEREOF, the Company and the Participant have executed this Restricted Stock Unit
and Cash Award Agreement as of the date first set forth above. 
  

	
	PARTICIPANT
	
	   

  

			
	DAVE & BUSTER’S ENTERTAINMENT, INC.
		
	By:	 	 
		 	      Name:
		 	      Title:

  
 D&B Team Member 

Restricted Stock Unit and Cash Award Agreement 

Page 10 of 10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00297-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00297-of-00352.parquet"}]]