Document:

exhibit10-2.htm

EXHIBIT 10.2

 

Mechanical Technology Incorporated 2006 Equity Incentive Plan

 

RESTRICTED STOCK AGREEMENT NOTICE 

 

BOARD OF DIRECTORS AND EMPLOYEES 

 

<Name> 

 

<Address> 

 

We are pleased to inform you that Mechanical Technology, Incorporated (“MTI”) has granted you Restricted Mechanical Technology Incorporated Common Stock. Your grant has been made under the Company’s 2006 Equity Incentive Plan (the “Plan”), which together with the terms contained in this Notice, sets forth the terms and conditions of your grant and is incorporated herein by reference. A copy of the Plan is attached. Please review it carefully. 

 

	Grant Number:	 
	Date of Grant:	 
	Shares Granted:	 
	Issue Price:	 
	Grant Type:	 
	Vesting Start Date:	 

Taxes and Withholding: 

 

The vesting of this restricted stock grant is normally a taxable event, and if the Company determines that any federal, state, local or foreign tax or withholding payment is required relating to the vesting of shares arising from this grant, the Company shall have the right to require such payment from you, or withhold such amounts from other payments due to you from the Company. 

 

5EX-10.1

PREPARED BY:

Arnall Golden Gregory LLP

Steven A. Kaye Esquire

171 17th St NW Suite 2100

Atlanta, GA 30363

RECORD AND RETURN TO:

First American Title Company

Leonard Shatz, Esquire

Two Liberty Place

50 South 16th St Suite 3010

Philadelphia, PA 19102

Tax Parcel Number: 88-1436651

SPECIAL WARRANTY DEED

THIS INDENTURE is executed the 29th day of June, in the year two thousand and
eleven (2011), and effective as of 11:59 p.m. on the 30th day of June, in the year two thousand and
eleven (2011), between PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT, a body corporate and
politic organized and existing under the laws of the Commonwealth of Pennsylvania, and
CLIVEDEN-MAPLEWOOD CONVALESCENT CENTERS, INC., a Pennsylvania nonprofit corporation (hereinafter
collectively called the “Grantor”), of the one part, and G&E HC REIT II CLIVEDEN SNF, L.P., a
Delaware limited partnership (hereinafter called the “Grantee”), of the other part.

WITNESSETH, that the Grantor, for and in consideration of the sum of Ten and 00/100 Dollars
($10.00), lawful money of the United States of America, unto it well and truly paid by the Grantee,
at or before the sealing and delivery hereof, the receipt whereof is hereby acknowledged, has
granted, bargained and sold, aliened, enfeoffed, released and confirmed, and by these presents does
grant, bargain and sell, alien, enfeoff, release and confirm unto the Grantee, its successors and
assigns, the premises described as follows:

ALL THAT CERTAIN lot or piece of ground with the buildings and
improvements located thereon, situate in the City and County of
Philadelphia, Commonwealth of Pennsylvania, as more particularly
described on Exhibit A attached hereto.

UNDER AND SUBJECT to those matters set forth on Exhibit B attached hereto.

TOGETHER with all and singular the buildings, improvements, ways, streets, alleys, driveways,
passages, waters, water-courses, rights, liberties, privileges, hereditaments and appurtenances,
whatsoever unto the hereby granted premises belonging, or in any wise appertaining, and the
reversions and remainders, rents, issues and profits thereof; and all the estate, right, title,
interest, property, claim and demand whatsoever of it, the Grantor, as well at law as in equity, or
otherwise howsoever, of, in, and to the same and every part thereof.

TO HAVE AND TO HOLD the said premises above described together with the improvements thereon
erected, hereditaments and premises hereby granted, or mentioned and intended so to be, with the
appurtenances, unto the Grantee, its successors and assigns, to and for the only proper use and
behalf of the Grantee, its successors and assigns forever.

AND the Grantor, for itself and its successors, does covenant, grant and agree, to and with
the Grantee, its successors and assigns, by these presents, that it, the said Grantor and its
successors, all and singular the hereditaments and premises hereby granted or mentioned and
intended so to be, with the appurtenances, unto the Grantee, its successors and assigns against it,
the Grantor and its successors, and against all and every person and persons whomsoever lawfully
claiming or to claim the same or any part thereof, by, from or under it, them or any of them, shall
and will, UNDER AND SUBJECT as aforesaid, WARRANT and forever DEFEND.

[SIGNATURE PAGE FOLLOWS]

1

IN WITNESS WHEREOF, the Grantor has caused this Indenture to be executed under seal, on the
day and year first above written.

PHILADELPHIA AUTHORITY FOR

INDUSTRIAL DEVELOPMENT,

a body corporate and politic organized and

existing under the laws of the Commonwealth

of Pennsylvania

By: /s/ James McManus

Name: James McManus

Title: Chairman

ATTEST:

/s/ Paul J. Deegan

Name: Paul J. Deegan

Title: Secretary

	 	 	 
	COMMONWEALTH OF PENNSYLVANIA

	 	:
	COUNTY OF PHILADELPHIA

	 	: SS

:

On this, the 29th day of June, 2011, before me, the undersigned officer, personally
appeared James McManus, who acknowledged himself to be the Chairman of PHILADELPHIA AUTHORITY FOR
INDUSTRIAL DEVELOPMENT, and that he, being authorized to do so, executed the foregoing instrument
for the purposes therein contained by signing the name of the Authority, by himself as Chairman.

IN WITNESS WHEREOF, I hereunto set my hand and official seal.

/s/ Nicole I. Krippel

NOTARY PUBLIC

My commission expires on August 14, 2012

(Notarial Seal)

CLIVEDEN-MAPLEWOOD

CONVALESCENT CENTERS, INC.,

a Pennsylvania nonprofit corporation

By: /s/ Don Levesque

Title: Treasurer

	 	 	 
	COMMONWEALTH OF PENNSYLVANIA

	 	:
	COUNTY OF PHILADELPHIA

	 	: SS

:

On this, the 29th day of June, 2011, before me, the undersigned officer, personally appeared
Don Levesque, who acknowledged himself to be the Treasurer of CLIVEDEN-MAPLEWOOD CONVALESCENT
CENTERS, INC., a Pennsylvania nonprofit corporation, and that he, being authorized to do so,
executed the foregoing instrument for the purposes therein contained by signing the name of the
corporation, by himself as Treasurer.

IN WITNESS WHEREOF, I hereunto set my hand and official seal.

/s/ Lelia L. Hilliard

NOTARY PUBLIC

My commission expires on May 21, 2014

(Notarial Seal)

2

The address of the above-named Grantee is:

G&E HC REIT II Cliveden SNF, L.P.

c/o Grubb & Ellis Equity Advisors, LLC

1551 N. Tustin Avenue, Suite 300

Santa Ana, CA 97205

/s/ Leonard Shatz

On Behalf of Grantee

3EX-10.2

PREPARED BY:

Arnall Golden Gregory LLP

Steven A. Kaye Esquire

171 17th St NW Suite 2100

Atlanta, GA 30363

RECORD AND RETURN TO:

First American Title Company

Leonard Shatz, Esquire

Two Liberty Place

50 South 16th St Suite 3010

Philadelphia, PA 19102

Tax Parcel Numbers: 77-6107805

DEED

THIS INDENTURE is executed the 29th day of June, in the year two thousand and
eleven (2011), and effective as of 11:59 p.m. on the 30th day of June, in the year two thousand and
eleven (2011), between CLIVEDEN-MAPLEWOOD CONVALESCENT CENTERS, INC., a Pennsylvania nonprofit
corporation (hereinafter called the “Grantor”), of the one part, and G&E HC REIT II MAPLEWOOD MANOR
SNF, L.P., a Delaware limited partnership (hereinafter called the “Grantee”), of the other part.

WITNESSETH, that the Grantor, for and in consideration of the sum of Ten and 00/100 Dollars
($10.00), lawful money of the United States of America, unto it well and truly paid by the Grantee,
at or before the sealing and delivery hereof, the receipt whereof is hereby acknowledged, has
granted, bargained and sold, aliened, enfeoffed, released and confirmed, and by these presents does
grant, bargain and sell, alien, enfeoff, release and confirm unto the Grantee, its successors and
assigns, the premises described as follows:

ALL THOSE CERTAIN lots or pieces of ground with the buildings and
improvements located thereon, situate in the City and County of
Philadelphia, Commonwealth of Pennsylvania, as more particularly
described on Exhibit A attached hereto (hereinafter called
“Premises A”).

UNDER AND SUBJECT to those matters set forth on Exhibit C attached hereto.

AND THE SAID GRANTOR has remised, released and quitclaimed, and by these presents does remise,
release and quitclaim unto Grantee, its successors and assigns, the premises described as follows:

ALL THAT CERTAIN lot or piece of ground with the buildings and
improvements located thereon, situate in the City and County of
Philadelphia, Commonwealth of Pennsylvania, as more particularly
described on Exhibit B attached hereto (hereinafter called
“Premises B”).

AS TO PREMISES A:

TOGETHER with all and singular the buildings, improvements, ways, streets, alleys, driveways,
passages, waters, water-courses, rights, liberties, privileges, hereditaments and appurtenances,
whatsoever unto the hereby granted Premises A belonging, or in any wise appertaining, and the
reversions and remainders, rents, issues and profits thereof; and all the estate, right, title,
interest, property, claim and demand whatsoever of it, the Grantor, as well at law as in equity, or
otherwise howsoever, of, in, and to the same and every part thereof.

TO HAVE AND TO HOLD the said Premises A above described together with the improvements thereon
erected, hereditaments and premises hereby granted, or mentioned and intended so to be, with the
appurtenances, unto the Grantee, its successors and assigns, to and for the only proper use and
behalf of the Grantee, its successors and assigns forever.

AND the Grantor, for itself and its successors, does covenant, grant and agree, to and with
the Grantee, its successors and assigns, by these presents, that it, the said Grantor and its
successors, all and singular the hereditaments and premises hereby granted or mentioned and
intended so to be, with the appurtenances, unto the Grantee, its successors and assigns against it,
the Grantor and its successors, and against all and every person and persons whomsoever lawfully
claiming or to claim the same or any part thereof, by, from or under it, them or any of them, shall
and will, UNDER AND SUBJECT as aforesaid, WARRANT and forever DEFEND.

AS TO PREMISES B:

TOGETHER with all and singular the buildings, improvements, ways, streets, alleys, driveways,
passages, waters, water-courses, rights, liberties, privileges, hereditaments and appurtenances,
whatsoever unto the hereby granted Premises B belonging, or in any wise appertaining, and the
reversions and remainders, rents, issues and profits thereof; and all the estate, right, title,
interest, property, claim and demand whatsoever, if any, of it, the Grantor, as well at law as in
equity, or otherwise howsoever, of, in, and to the same and every part thereof.

TO HAVE AND TO HOLD the said Premises B above described together with the improvements thereon
erected, hereditaments and premises hereby granted, or mentioned and intended so to be, with the
appurtenances, unto the Grantee, its successors and assigns, to and for the only proper use and
behalf of the Grantee, its successors and assigns forever, WITHOUT WARRANTY.

[SIGNATURE PAGE FOLLOWS]

1

IN WITNESS WHEREOF, the Grantor has caused this Indenture to be executed under seal, on the
day and year first above written.

CLIVEDEN-MAPLEWOOD CONVALESCENT CENTERS, INC.,

a Pennsylvania nonprofit corporation

By: /s/ Don Levesque

Title: Treasurer

	 	 	 
	COMMONWEALTH OF PENNSYLVANIA

	 	:
	COUNTY OF PHILADELPHIA

	 	: SS

:

On this, the 29th day of June, 2011, before me, the undersigned officer, personally appeared
Don Levesque, who acknowledged himself to be the Treasurer of CLIVEDEN-MAPLEWOOD CONVALESCENT
CENTERS, INC., a Pennsylvania nonprofit corporation, and that he, being authorized to do so,
executed the foregoing instrument for the purposes therein contained by signing the name of the
corporation, by himself as Treasurer.

IN WITNESS WHEREOF, I hereunto set my hand and official seal.

/s/ Lelia L. Hilliard

NOTARY PUBLIC

My commission expires on May 21, 2014

(Notarial Seal)

2

The address of the above-named Grantee is:

G&E HC REIT II Mapelwood Manor SNF, L.P.

c/o Grubb & Ellis Equity Advisors, LLC

1551 N. Tustin Avenue, Suite 300

Santa Ana, CA 97205

/s/ Leonard Shatz

On Behalf of Grantee

3

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