Document:

EX-10.8

 Exhibit 10.8 

EXHIBIT A 
 RESTRICTIVE
COVENANT AGREEMENT 
 THIS RESTRICTIVE COVENANT AGREEMENT (the “RCA”) dated April 3, 2017, is by and between PEABODY
ENERGY CORPORATION, a Delaware corporation (the “Company”), and (“Grantee”). 
 WHEREAS, the
Grantee is a recipient of a 2017 Restricted Stock Unit Grant (“Award”) under the Company’s Peabody Energy Corporation 2017 Incentive Plan, as amended from time to time (the “Plan,” and such award, the “
Award”); 
 WHEREAS, Grantee acknowledges and agrees that he or she has access to and/or knowledge of certain trade secrets
and other Confidential Information regarding the Company; 
 WHEREAS, the Company has spent and will continue to expend substantial
amounts of time, money, and effort to develop its Confidential Information and Grantee acknowledges benefitting from these efforts; 

WHEREAS, the Company deems it essential to the protection of its Confidential Information and competitive standing in its market to
have recipients of Awards subject to reasonable restrictive covenants; 
 WHEREAS, Grantee agrees and acknowledges that the Company
has a legitimate interest to protect its confidential information and competitive standing; and 
 NOW THEREFORE, in consideration
for the provisions stated below, and intending to be legally bonded thereby, the parties agree as follows. 

1.    Grantee has been informed and is aware that the execution of this RCA is a necessary term and condition of the
Grantee’s receipt of the Award. 
 2.    The term “Confidential Information” as used in this RCA shall be
broadly interpreted to include, without limitation, materials and information (whether in written, electronic or other form and whether or not identified as confidential at the time of disclosure) concerning technical matters, business matters,
business plans, operations, opportunities, plans, processes, procedures, standards, strategies, policies, programs, software, schematics, models, systems, results, studies, analyses, compilations, forecasts, data, figures, projections, estimates,
components, records, methods, criteria, designs, quality control, research, samples, work-in-progress, prototypes, data, materials, clients and prospective clients,
customer lists, contracts, projects, suppliers, referral sources, sales, marketing, bidding, purchasing, personnel, financial condition, assets, inventory, accounts payable, accounts receivable, tax matters, books of account, financing, collections,
intellectual property, trade secrets and all other know-how and information of the Company or any subsidiary of the Company which has not been published or disclosed to the general public. 

 a.    While employed by the Company and at all times
thereafter, Grantee will keep Confidential Information, including trade secrets, confidential and shall not, directly or indirectly, use for himself or herself or use for, or disclose to, any party other than the Company, or any subsidiary of the
Company (other than in the ordinary course of Grantee’s duties for the benefit of the Company or any subsidiary of the Company), any Confidential Information. 

b.    At the termination of Grantee’s employment or at any other reasonable time the Company or any of
its subsidiaries may request, Grantee shall promptly deliver to the Company all memoranda, notes, records, plats, sketches, plans or other documents (including, without limitation, any “soft” copies or computerized or electronic versions
thereof) containing Confidential Information, including trade secrets or any other information concerning Company’s business, including all copies, then in Grantee’s possession or under Grantee’s control whether prepared by Grantee or
others. 
 c.    Notwithstanding the foregoing paragraphs, Company employees, contractors, and
consultants may disclose trade secrets in confidence, either directly or indirectly, to a Federal, State or local government official or to an attorney, solely for the purpose of reporting or investigating a suspected violation of law, or in a
complaint or other document filed in a lawsuit or other proceeding if such filing is made under seal. Additionally, Company employees, contractors, and consultants who file retaliation suits for reporting a suspected violation of law may disclose
related trade secrets to their attorney and use them in related court proceedings, as long as the individual files documents containing the trade secret under seal and does not otherwise disclose the trade secret except pursuant to Court Order. 

3.    In consideration of the Company’s obligations under the Restricted Stock Unit Agreement (the
“Agreement”), Grantee agrees that while employed by the Company and for a period of one year thereafter, without the prior written consent of the Board of Directors of the Company (the “Board”), he or she shall not,
directly or indirectly, as principal, manager, agent, consultant, officer, director, stockholder, partner, investor, lender or employee or in any other capacity, carry on, be engaged in or have any financial interest in, any entity which is in
competition with the business of the Company or its subsidiaries. 
 4.    In consideration of the Company’s
obligations under the Agreement, Grantee agrees that while employed by the Company and for a period of one year thereafter, without the prior written consent of the Board, he or she shall not, on his or her own behalf or on behalf of any person,
firm or company, directly or indirectly, (a) solicit or offer employment to or hire any person who is or has been employed by the Company or its subsidiaries at any time during the twelve (12) months immediately preceding such solicitation
or (b) solicit or entice away or in any manner attempt to persuade any client, vendor, partner, customer or prospective customer of the Company to discontinue or diminish his, her or its relationship or prospective relationship with the Company
or to otherwise provide his, her or its business to any corporation, partnership or other business entity which engages in any line of business in which the Company is engaged (other than the Company). 

  
 2 

 5.    For purposes of this RCA, an entity shall be deemed to be in
competition with the Company if it enters into or engages in any business or activity that substantially and directly competes with the business of the Company. For purposes of this paragraph 5, the business of the Company is defined to be: active
metallurgical and thermal coal mining, preparation and sale; the marketing, brokering and trading of metallurgical and thermal coal; and the optimization of our metallurgical and thermal coal reserves; in each case by the Company and its direct and
indirect subsidiaries or affiliated or related companies. Notwithstanding this paragraph 5 or paragraph 8, nothing herein shall be construed so as to preclude Grantee from investing in any publicly or privately held company, provided that no such
investment in the equity securities of an entity with publicly traded equity securities may exceed one percent (1%) of the equity of such entity, and no such investment in any other entity may exceed five percent (5%) of the equity of such entity,
without the prior written approval of the Board. 
 6.    Grantee agrees that he or she will not at any time make,
directly or indirectly, any negative, derogatory, disparaging or defamatory comment, whether written, oral or in electronic format, to any reporter, author, producer or similar person or entity or to any general public media in any form (including,
without limitation, books, articles or writings of any other kind, as well as film, videotape, audio tape, computer/Internet format or any other medium) that concerns directly or indirectly the Company its business or operations, or any of its
current or former agents, employees, officers, directors, customers or clients. Grantee understands that nothing in this section or this RCA limits Grantee’s ability to communicate with any government agencies or otherwise participate or
cooperate with an investigation conducted by the Equal Employment Opportunity Commission, the Securities and Exchange Commission, or other similar agency, including providing documents or other information, without notice to the Company. 

7.    Upon the termination of Grantee’s employment for any reason, Grantee or his or her estate shall surrender to
the Company all correspondence, letters, files, contracts, mailing lists, customer lists, advertising materials, ledgers, supplies, equipment, checks, and all other materials and records of any kind that are the property of the Company or any of its
subsidiaries or affiliates, that may be in Grantee’s possession or under his control, including, without limitation, any “soft” copies or computerized or electronic versions thereof. 

8.    Grantee agrees that the covenant not to compete, the covenants not to solicit and the covenant not to make
disparaging comments are reasonable under the circumstances and will not interfere with his or her ability to earn a living or otherwise to meet his or her financial obligations. Grantee and the Company agree that if in the opinion of any court of
competent jurisdiction such restraint is not reasonable in any respect, such court shall have the right, power and authority to excise or modify such provision or provisions of this covenant which appear unreasonable and to enforce the remainder of
the covenant as so amended. Grantee agrees that any breach of the covenants contained in this RCA would irreparably injure the Company. Accordingly, Grantee agrees that, in the event that a court enjoins Grantee from any activity prohibited by this
RCA, the Company may, in addition to pursuing any other remedies it may have in law or in equity, cease making any payments otherwise required under the agreements evidencing the Award, cancel and recoup any portion of the Award already paid to the
extent required by law, regulation or listing requirement, or by any Company policy adopted pursuant thereto, and obtain and injunction against Grantee from any court having jurisdiction over the matter restraining any further violation of this RCA
by Grantee. 

  
 3 

 9.    No waiver or modification of all or any part of this RCA will be
effective unless set forth in a written document signed by both the Company and Grantee expressly indicating their intention to waive or modify the specified provisions of this RCA. If the Company chooses not to enforce its rights in the event
Grantee or any other recipient of an Award breaches some or all of the terms of this RCA, the Company’s rights with respect to any such breach shall not be considered a waiver of a future breach by Grantee of this RCA, regardless of whether the
breach is of a similar nature or not. 
 10.    This RCA accurately sets forth and entirely sets forth the
understandings reached between Grantee and the Company with respect to the matters treated herein. If there are any prior written or oral understandings or agreements pertaining to the subject matter addressed in this RCA, they are specifically
superseded by this RCA and have no effect, except, should the Grantee be subject to non-compete and non-solicitation obligations (“Restrictive Covenants”)
pursuant to an employment agreement or other agreement between the Grantee and Company or one of its subsidiaries or affiliates, Grantee shall continue to be bound by the terms of those Restrictive Covenants and they shall run concurrently with
those set forth in this RCA. This RCA is binding on Grantee and the Company, and our respective successors, assigns and representatives. 

11.    Because of Company’s and Grantee’s substantial contacts with the State of Missouri, the fact that
Company’s headquarters is located in Missouri, the parties’ interests in ensuring that disputes regarding the interpretation, validity, and enforceability of this RCA are resolved on a uniform basis, and Company’s making and execution
of this Agreement in Missouri, the parties agree that the RCA shall be interpreted and governed by the laws of the State of Missouri, without regard for any conflict of law principles. The parties agree that the exclusive venue and jurisdiction for
any litigation concerning or arising out of or based on this RCA shall be the federal and state courts located in Missouri. The parties expressly consent to the personal jurisdiction and venue of said courts. The provisions of this paragraph shall
not restrict the ability of Company or Grantee to enforce in any court any judgment obtained in Missouri federal or state court. 

[SIGNATURE PAGE FOLLOWS] 

  
 4 

 IN WITNESS WHEREOF, this RCA has been executed and delivered by the parties hereto. 

 

			
	 PEABODY ENERGY CORPORATION 

	By:	 	
	Its:	 	

  

			
	 Grantee
  

	Name	 	 

  
 5ex10-23.htm

Exhibit 10.23 

 

	
 

  

CONSULTING AGREEMENT 

 

This Agreement (the “Agreement”) is entered into as of the 29th day of November, 2016 by and between Ignite Restaurant Group, Inc., a Delaware corporation (the “Company”), and Debra Eybers (the “Consultant”). 

 

The Company desires to retain the Consultant to serve as its interim Chief Operating Officer and provide executive consulting services to the Company, and the Consultant is willing to provide such consulting services. 

 

In consideration of the mutual covenants and promises contained herein, the parties hereto agree as follows: 

 

1. Engagement; Consultant Relationship; Duties The Company hereby engages the Consultant, and the Consultant hereby agrees to render, at the request of the Company, consulting services to the Company in connection with the business of the Company. The Consultant shall report to the Chief Executive Officer (the “CEO”) of the Company. This is a services contract for the services of the Consultant. The Consultant shall devote all of her business time and efforts to the performance of services for the Company as designated by the CEO and shall complete the services within the time frames for completion established by the CEO. The Consultant shall use her best efforts in such endeavors. The Consultant shall also perform the services with a level of care, skill, and diligence that a prudent professional acting in a like capacity and familiar with such matters would use. 

 

2. Term and Termination. The term of this Agreement shall begin on November 29, 2016 and shall continue for one year, until November 29, 2017 or until termination by either party as described herein (the “Term”). The Consultant may terminate this Agreement at any time with thirty (30) days’ prior written notice to the Company. In the event of a breach of this Agreement by Consultant, the Company shall provide Consultant with notice of the breach and allow Consultant ninety (90) days to cure the breach. If, after ninety (90) days, the breach has not been cured, the Company may terminate the Agreement.

 

3. Compensation. During the Term, as compensation for all services rendered by the Consultant under this Agreement, the Company shall pay the Consultant the sum of $25,000 per month or pro rata portion of a month, and payments will be made approximately every month in arrears at the same time as the Company processes its periodic payroll disbursements, or on a more frequent basis, if mutually agreed to by the parties in writing. All such compensation shall be payable without deduction for federal income, social security, or state income taxes or any other amounts. 

 

 

 

 

  

4. Expenses. The Consultant shall be reimbursed by the Company for all reasonable and necessary business expenses, including reasonable and necessary travel expenses. The Company’s obligation to reimburse the Consultant pursuant to this Paragraph shall be subject to the prompt presentation to the CEO or his designees by the Consultant of an itemized account of such expenditures, together with supporting documentation, in accordance with any policies of the Company in effect from time to time. The Company shall pay such reimbursements as soon as administratively practicable. 

 

5. Independent Contractor. The Consultant is an independent contractor providing services to the Company. The Consultant is not an agent of the Company and shall have no right to bind the Company, except as expressly and duly authorized by affirmative action of the CEO or the Company’s Board of Directors. The Company, as appropriate, will report all payments to be made hereunder on Forms 1099 as payments to the Consultant for independent contracting services. The Consultant shall not be entitled to participate in any vacation, group medical or life insurance, disability, profit sharing, or retirement benefits or any other fringe benefits or benefit plans offered by the Company to its employees, and the Company will not be responsible for withholding or paying any income, payroll, Social Security, or other federal, state, or local taxes, making any insurance contributions, including for unemployment or disability, or obtaining worker’s compensation insurance on Consultant’s behalf. Consultant shall be responsible for, and shall indemnify the Company against, all such taxes or contributions, including any penalties or interest, as more fully outlined in Paragraph 17. 

 

6. No Assignment. The Consultant cannot subcontract her duties or cause any other person or entity to perform her services. The Consultant shall therefore not voluntarily or by operation of law assign or otherwise transfer the obligations incurred on her part pursuant to the terms of this Agreement without the prior written consent of the Company. Any attempted assignment or transfer by Consultant of her obligations without such consent shall be wholly void. 

 

 

 

 

  

7. Confidentiality. All Confidential Information and Trade Secrets and all physical embodiments thereof received or developed by the Consultant during the term of this Agreement are confidential to, and are and will remain the sole and exclusive property of, the Company. Except to the extent necessary to perform the duties assigned to the Consultant by the Company, the Consultant will hold such Confidential Information and Trade Secrets in trust and strictest confidence, and will not use, reproduce, distribute, disclose or otherwise disseminate the Confidential Information and Trade Secrets or any physical embodiments thereof and may in no event take any action causing or fail to take the action necessary in order to prevent, any Confidential Information and Trade Secrets disclosed to or developed by the Consultant to lose its character or cease to qualify as Confidential Information or Trade Secrets. Upon request by the Company, and in any event upon termination of the engagement of the Consultant with the Company for any reason, as a prior condition to receiving any final compensation hereunder, the Consultant will promptly deliver to the Company all property belonging to the Company, including, without limitation, all Confidential Information and Trade Secrets (and all embodiments thereof) then in the Consultant’s custody, control or possession. The covenants of confidentiality set forth herein will apply on and after the date hereof to any Confidential Information and Trade Secrets disclosed by the Company or developed by the Consultant prior to or after the date hereof. The covenants restricting the use of Confidential Information will continue and be maintained by the Consultant for a period of one (1) year following the termination of this Agreement. The covenants restricting the use of Trade Secrets will continue and be maintained by the Consultant following termination of this Agreement for so long as permitted by applicable state law. For purposes of Paragraph 7, the terms below shall have the following meanings ascribed to them: 

 

(a) “Confidential Information” means data and information relating to the business of the Company (which does not rise to the status of a Trade Secret) which is or has been disclosed to the Consultant or of which the Consultant became aware as a consequence of or through her relationship to the Company and that has value to the Company and is not generally known to its competitors. Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public disclosure has been made by the Consultant without authorization) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means. 

 

(b) “Trade Secrets” means information including, but not limited to, technical or non-technical data, formulas, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans or lists of actual or potential customers or suppliers which (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use, and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. 

 

8. Contracts or Other Agreements with Former Employer or Business. The Consultant hereby represents and warrants that she is not subject to any agreement with respect to which the Consultant’s engagement by Company would be a breach. 

 

9. Modification of Agreement. This Agreement may be modified by the parties hereto only by a written supplemental agreement executed by both parties. 

 

 

 

 

  

10. Notice. All notices and other communications required or permitted under this Agreement shall be in writing and, if mailed by prepaid first-class mail or certified mail, return receipt requested, shall be deemed to have been received on the earlier of the date shown on the receipt or three (3) business days after the postmarked date thereof. In addition, notices hereunder may be delivered by hand, facsimile transmission, electronic mail or overnight courier, in which event the notice shall be deemed effective when delivered or transmitted. All notices and other communications under this Agreement shall be given to the parties hereto at the following addresses: 

 

 

If to the Company: 

 

Ignite Restaurant Group 

10555 Richmond Avenue

Houston, TX 77042

Attn: General Counsel 

 

If to Consultant: 

 

Debra Eybers

1555 N. Dearborn Pkwy., #27A

Chicago, IL 60610

Electronic Mail: debeybers@aol.com 

	  	  	
  
	
 
	
  

 

or to such other address as the parties hereto may specify, in writing, from time to time. 

 

11. Waiver of Breach. The waiver by either party of any breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach. 

 

12. Entire Agreement. This Agreement contains the entire agreement of the parties relating to the subject matter of this Agreement and supersedes any prior written or oral arrangements with respect to the Consultant’s engagement by the Company. 

 

13. Successors, Binding Agreement. Subject to the restrictions on assignment contained herein, this Agreement shall inure to the benefit of and be enforceable by the Company’s successors and assigns. 

 

14. Validity. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

 

15. Survival of Obligations. The duties and obligations contained in Paragraphs 7, 12, 13, 15 and 17 shall survive the expiration or termination of this Agreement. 

 

 

 

 

  

16. Multiple Counterparts. This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which shall together constitute one and the same Agreement. 

 

17. Tax Withholding; Indemnification. By reason of Consultant’s relationship with the Company as an independent contractor, all sums required to be paid by the Company to Consultant shall be paid in full, without reduction for any withholding taxes, employers’ taxes, social security taxes, payments or contributions, and similar employer withholdings, deductions and payments. Consultant acknowledges and agrees that Consultant shall be solely responsible for making all such filings and payments and shall indemnify and hold harmless the Company for any liability, claim, expense or other cost incurred by the Company arising out of or related to the obligations of Consultant pursuant to Paragraph 17. 

 

18. Applicable Law. The Agreement shall be governed by and construed in accordance with the domestic laws of the State of Texas. 

 

19. Headings. The headings of the Paragraphs of this Agreement are for convenience only and shall not control or affect the meaning or construction or limit the scope or intent of any of the provisions of this Agreement.  

 

 

IN WITNESS WHEREOF, the parties hereto have executed, or cause their duly assigned agent to execute, this Agreement as of the date first set forth above. 

 

 

	
 
	
IGNITE RESTAURANT GROUP, INC.
	
 

	
 
	
 
	 	
 
	
 

	
 
	
 
	 	
 
	
 

	
 
	
By: 
	 	
/s/ Robert S. Merritt
	
 

	
 
	
Name:
	 	
Robert S. Merritt
	
 

	
 
	
Title:
	 	
Chief Executive Officer
	
 

	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	DEBRA EYBERS	 
	 	 	 	 	 
	 	 	 	 	 
	 	           /s/ Debra Eybers

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}]]