Document:

2008 Director Restricted Stock Unit Grant Statement

 EXHIBIT 10.9 
 2008 Director Restricted Stock Unit Grant Statement 
 2006 NCR Stock Incentive Plan 

 

							
	 Name of Grantee
	  	Soc. Sec. #	  	Grant Date	  	No. of Restricted Stock Units
		  		  		  	
		  		  		  	
		  		  		  	

 You have been awarded the above number of restricted stock units (the “Stock Units”) under the 2006
Stock Incentive Plan (the “Plan”) of NCR Corporation (“NCR”), subject to the terms and conditions of this 2008 Director Restricted Stock Unit Grant Statement (this “Statement”), the Plan and the NCR Director
Compensation Program (the “Program”). 
  

	 1.
	 The Stock Units will vest during the one (1) year period beginning on the date upon which you were granted the
Stock Units (the “Grant Date”), in four (4) equal quarterly installments commencing three (3) months after the Grant Date, provided that you continuously serve as a Director of NCR until each quarterly vesting date.
Notwithstanding the foregoing, if the Grant Date of your Stock Units is the date of an Annual Meeting of Stockholders, then, the fourth quarterly vesting will occur only if you continue to serve as a Director until the earlier of (a) the next
Annual Meeting of Stockholders following the Grant Date, or (b) the first (1st) anniversary of the Grant Date.

  

	2.	The Stock Units will become fully vested if, prior to the one (1) year anniversary of the Grant Date, you die at a time while serving as a Director of NCR.

  

	3.	The vesting schedule will accelerate and the Stock Units will become fully vested if (1) a Change in Control (as defined in Section 10(b) of the Plan) occurs, and
(2) you cease to serve as a Director of NCR within twenty-four (24) months of the effective date of the Change in Control for any reason other than your willful engaging in illegal conduct or gross misconduct, as determined by the
affirmative vote of a majority of the entire membership of the Board of Directors of NCR. In the event that Stock Units become vested due to your cessation of service as a Director of NCR pursuant to this Section 3, to the extent required to
comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), such Stock Units shall be paid upon your “separation from service” within the meaning of Section 409A of the Code; provided,
however, that if you are a “specified employee” as determined under NCR’s policy for determining specified employees on the date of separation from service, such Stock Units shall be paid, to the extent required to comply with
Section 409A of the Code, on the first business day after the date that is six months following your “separation from service” within the meaning of Section 409A of the Code. 

  

	4.	Except as otherwise provided pursuant to (1) a deferral election in effect under Article IV of the Program or (2) Section 3 of this Statement, when vested, the Stock
Units will be paid to you in shares of NCR common stock, such that one Stock Unit equals one share of NCR common stock. 

	5.	Any cash dividends declared before your Vesting Dates on the shares underlying the Stock Units shall not be paid currently, but shall be converted to additional Stock Units, based
on the fair market value of NCR common stock on the date the dividend is declared. Any Stock Units resulting from such conversion will be considered Stock Units for purposes of this Statement and will be subject to all of the terms, conditions and
restrictions set forth herein. 

  

	6.	You may designate one or more beneficiaries to receive all or part of any shares underlying the Stock Units to be distributed in case of your death, and you may change or revoke
such designation at any time. In the event of your death, any shares underlying the Stock Units distributable hereunder that are subject to such a designation will be distributed to such beneficiary or beneficiaries in accordance with this
Statement. Any other shares underlying the Stock Units not designated by you will be distributable to your estate. If there shall be any question as to the legal right of any beneficiary to receive a distribution hereunder, the shares underlying the
Stock Units in question may be transferred to your estate, in which event NCR will have no further liability to anyone with respect to such shares. 

  

	7.	The terms of this award of Stock Units as evidenced by this Statement may be amended by the NCR Board of Directors or the Compensation Committee of the NCR Board of Directors,
provided that no such amendment shall impair your rights hereunder without your consent. 

  

	8.	In the event of a conflict between the terms and conditions of this Statement and the terms and conditions of the Plan, the terms and conditions of the Plan shall prevail.Separation Agreement and Release, dated February 13, 2008

 Exhibit 10.3 
 SEPARATION AGREEMENT AND RELEASE 
 (Peter Burns) 
 This separation agreement (the “Agreement”) is made effective this 13th day of February, 2008, by and between Jones Soda Co.
(“EMPLOYER”) and Peter Burns (“EMPLOYEE”). 
 In consideration of the mutual promises contained in this Agreement, EMPLOYER and EMPLOYEE
agree as follows: 
 1. EMPLOYEE’s employment with EMPLOYER will terminate effective March 31, 2008 (“Separation Date”).
The termination will be without cause. On the Separation Date, the EMPLOYER will pay to the EMPLOYEE all accrued compensation earned through the Separation Date and all accrued but unused PTO (18 days), less applicable withholdings. 
 2. As a severance payment, EMPLOYER will continue to pay EMPLOYEE, at the latter’s present rate of compensation (i.e., a gross amount of $18,750.00
per month) for the time period of April 1, 2008 to December 31, 2008 (the “Severance Period”), less applicable withholdings (the “Severance Amount.”). 
 a. The Severance Amount will be paid in accordance with EMPLOYER’s payroll schedule during the Severance Period. Payment will be by
check made payable to EMPLOYEE and sent to EMPLOYEE’s last-known address. 
 b. EMPLOYER does not agree to pay for
EMPLOYEE’S car allowance or mobile phone during the Severance Period. Such benefits are excluded from this Agreement. 
 c. EMPLOYER’s obligation to pay the Severance Amount is in lieu of, and replaces, any obligation to pay severance under the employment agreement between the parties dated March 20, 2007. 
 3. During the Severance Period, EMPLOYER will pay for EMPLOYEE’S COBRA benefits. These payments will be treated as taxable income and will not be
grossed up. Health benefits will be based on the prevailing health plan of EMPLOYER. 
 4. On March 31, 2008, EMPLOYER will pay EMPLOYEE
a bonus in the amount of $112,500.00, less applicable withholdings. 
 5. EMPLOYEE acknowledges that this Agreement includes compensation and
benefits he would not otherwise be entitled to receive under his employment agreement or any existing employee benefit plans provided by EMPLOYEE. 

 6. EMPLOYEE must submit any and all outstanding expense reports by March 31, 2008. All such reports
must comply with EMPLOYER’s expense policy for reimbursement to issue. 
 7. The parties will issue a joint press release regarding this
termination on March 31, 2008. 
 8. EMPLOYEE accepts the benefits contained in this Agreement in full satisfaction of all his rights
and interests relating to his employment with EMPLOYER and, in consideration therefore, EMPLOYEE hereby releases EMPLOYER, its affiliates and subdivisions, successors, past and present officers, directors, agents, and employees from all claims
(other than claims for the payments provided for under this Agreement), causes of action or liabilities, suspected or unsuspected and irrespective of any present lack of knowledge of any possible claim or of any fact or circumstance pertaining
thereto, which EMPLOYEE may have or claim to have against EMPLOYER arising from or during his employment or as a result of his separation from employment, including, but not limited to, workers’ compensation claims, claims of discrimination
based on age (including claims under the federal Age Discrimination in Employment Law), race, color, national origin, sex, marital status, sexual orientation, physical or mental disability under any federal, state, or local law, rule, or regulation;
claims under state or federal law governing the payment of wages; and claims under any express or implied contract. EMPLOYEE hereby covenants not to assert any such claims or causes of action. This release applies to all claims which arose up to the
date of this Agreement. Excluded from this Release are any claims which cannot by law be released and any claims related to the enforcement of the terms of this Agreement. 
 9. EMPLOYEE represents that he has read, considered, and fully understands this Agreement and all its terms, and executes it freely and voluntarily.

 10. EMPLOYEE acknowledges that: 
 (a) Pursuant to applicable law, he has been offered the opportunity to review a copy of this Agreement for a period of twenty-one (21) days (the “Review Period”); 
 (b) EMPLOYER advised EMPLOYEE at the beginning of the Review Period to consult with an attorney concerning the terms and conditions of
this Agreement, including without limitation the release set forth in this Agreement; and 
 (c) The terms and conditions of
this Agreement have not been amended, modified, or revoked during the Review Period. EMPLOYER and EMPLOYEE agree that EMPLOYEE shall have seven (7) calendar days (the “Revocation Period”) following the date on which EMPLOYEE signs
this Agreement to revoke his acceptance of the Agreement and the release set forth in this Agreement, and this Agreement shall not become effective until the Revocation Period has expired. 
  

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 11. EMPLOYEE acknowledges the Confidentiality Agreement dated April 2, 2007, between EMPLOYER AND
EMPLOYEE, and hereby affirms his continuing obligations pursuant to the terms of that agreement. 
 12. During the Severance Period, EMPLOYEE
agrees to refrain from directly or indirectly soliciting the Company’s employee’s or independent agent so as to induce them to leave their employment relationship with EMPLOYER. 
 13. EMPLOYEE agrees to cooperate in a reasonable manner with EMPLOYER during the Severance Period with respect to transitional matters relating to
EMPLOYEE’s duties at the company. Furthermore, EMPLOYEE agrees that during the Severance Period and thereafter, EMPLOYEE will cooperate with EMPLOYER in connection with any past, present, or potential litigation, including any and all class
action lawsuits against EMPLOYER; such cooperation will include, but not be limited to, making himself available to testify and preserving any and all possible evidence in the case, such as documents, notes, and electronic materials. EMPLOYER agrees
to reimburse EMPLOYEE for all reasonable out of pocket reasonable expenses associated with such cooperation, 
 14. The parties agree that
the terms and conditions of this Agreement and the negotiations regarding this Agreement are strictly confidential. With the exception of EMPLOYEE’S immediate family, counsel, and financial advisors, and EMPLOYER’s counsel and financial
advisors or as necessary to effectuate the terms of this Agreement, EMPLOYEE and EMPLOYER represent that the terms and conditions of this Agreement have not and shall not be disclosed, discussed, or revealed to any other persons, entities, or
organizations, without prior written approval. EMPLOYEE and EMPLOYER further agree to take all reasonable steps necessary to ensure that confidentiality is maintained by any of the individuals referenced above to whom disclosure is authorized, and
agrees to accept responsibility for any breach of confidentiality by any individual to whom they disclose the terms and conditions of this Agreement. Nothing in this paragraph or Agreement, however, shall prevent the parties from responding to an
order or subpoena from an administrative agency or a court of competent jurisdiction. 
 15. The parties agree not to make any public
statements or take any actions to disparage, place in a negative light, or impair the reputation, goodwill, or commercial interest of the other party; provided, however, that this provision shall not prevent the parties from responding to an order
or subpoena from an administrative agency or a court of competent jurisdiction. 
 16. EMPLOYEE represents that in entering into this
Agreement, he does not rely and has not relied upon any representation or statement made by EMPLOYER or any of its employees or agents concerning this Agreement. 
  

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 17. EMPLOYEE represents that his rights and duties hereunder are personal to him, and not assignable to
others, except by will or by the laws of descent and distribution. EMPLOYEE represents that he is the true party in interest and that he has not filed any complaints, charges, or lawsuits against EMPLOYER and agrees that he will not do so at any
time hereafter relating to or arising out of events occurring prior to the date of this Agreement. EMPLOYER may assign its rights under this Agreement, along with the assumption of its obligations hereunder, in connection with any merger or
consolidation of EMPLOYER or any sale of all or any portion of EMPLOYER’s assets. All the terms and provisions of this Agreement shall be binding upon and shall inure to the benefit of and be enforceable by the parties hereto and their
respective successors and permitted assigns. 
 18. Promptly following EMPLOYEES’s termination of employment, EMPLOYEE shall return to
EMPLOYER all property of EMPLOYER (in whatever medium), and all copies thereof, in EMPLOYEE’s possession or under his control. 
 19.
EMPLOYEE acknowledges that any violation of the nonsolicitation provisions of this Agreement (paragraphs 12 above) will cause irreparable harm to EMPLOYER, and EMPLOYER shall be entitled to extraordinary relief in court, including, but not limited
to, equitable relief, such as injunctive relief. 
 20. This Agreement is intended to constitute a full and final resolution of
EMPLOYEE’s employment relationship with EMPLOYER. Interpretation of this Agreement shall be under Washington law. If any action is necessary to enforce the terms of this Agreement, it shall be brought in a court of appropriate jurisdiction in
King County, Washington, and the substantially prevailing party shall be entitled to receive reasonable attorneys’ fees and costs. 
  

					
	EMPLOYEE	 		 	
			
	/s/ Peter Burns	 		 	2/15/08
	Peter Burns	 		 	DATE
			
	EMPLOYER	 		 	
	Jones Soda Co.	 		 	
			
	/s/ Scott Bedbury	 		 	2/15/08
	By        Scott Bedbury	 		 	DATE
	Its        Chairman	 		 	

  

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