Document:

Exhibit 10.2

	
Notice of Grant of Award

and Award Agreement

	
Shoe Carnival, Inc.

ID: 35-1736614

7500 E. Columbia Street

Evansville, IN 47715

	
[Name]

[Address]

 

	
Award Number:

Plan:  2000 Stock Option and Incentive Plan, as amended (the "2000 Plan")

ID:

	 	 

Effective [Grant Date] (the "Grant Date"), you have been granted a restricted stock award (this "Award") of [Number of Shares] shares (the "Shares") of Shoe Carnival, Inc. (the "Company") common stock, having a Market Value per Share of $[             ] on the Grant Date.

The Shares are subject to the performance-based and time-based restrictions and conditions set forth herein during the period from the Grant Date until such Shares become vested and such performance-based and time-based restrictions and conditions are satisfied (the "Restricted Period").  While the Shares will be registered in your name and you will have the right to vote the Shares, they will be held by the Company until the Restricted Period has expired. Any dividends declared during the Restricted Period will be deferred and paid upon vesting of the Shares. Upon the forfeiture of any Shares, any deferred dividends on such Shares will also be forfeited and returned to the Company. The Shares may not be sold, assigned, transferred, pledged, or otherwise encumbered until the Restricted Period has expired.

As soon as practicable following the approval of the Company's audited results for fiscal 2018 by the Audit Committee of the Company's Board of Directors, the Compensation Committee shall determine whether and the extent to which the performance measure set forth below has been satisfied and the number of Shares, if any, that you have earned.  The date on which the Compensation Committee makes its determination is hereinafter referred to as the "Determination Date."

	 	
Threshold

	
Target

	
Maximum

	
Cumulative Earnings Per Share (Fiscal 2017 and Fiscal 2018)

	
$[       ]

	
$[       ]

	
$[       ]

	
Number of Shares Vesting

	
[       ]

	
[       ]

	
[       ]

If the Company's fully diluted cumulative earnings per share for fiscal 2017 and fiscal 2018 ("Actual EPS") equals or exceeds the maximum cumulative earnings per share set forth above, two-thirds of the Shares will vest, and the Restricted Period with respect to such Shares will expire, on March 31, 2019 (the "Initial Vesting Date"), and the remaining one-third of the Shares will vest, and the Restricted Period with respect to such Shares will expire, on March 31, 2020 (the "Final Vesting Date"), subject to your Continuous Service (as defined in the 2000 Plan) through such date.  If the Company's Actual EPS is less than the threshold cumulative earnings per share set forth above, all of the Shares will be forfeited and returned to the Company on the Determination Date. If the Company's Actual EPS falls between the threshold, target and maximum levels specified in the table above, the number of Shares that will be earned, and the number of Shares that will be forfeited and returned to the Company on the Determination Date, will be interpolated.  Two-thirds of any Shares that are earned based on the above table will vest, and the Restricted Period with respect to such Shares will expire, on the Initial Vesting Date, and the remaining one-third of such Shares will vest, and the Restricted Period with respect to such Shares will expire, on the Final Vesting Date, subject to your Continuous Service through such date.

 

If you cease to maintain Continuous Service by reason of death or total or partial disability prior to the expiration of the Restricted Period, the Restricted Period with respect to the Ratable Portion of the Shares, as determined in accordance with the 2000 Plan, will expire, and the Ratable Portion of the Shares will vest and will not be forfeited, which Ratable Portion will be determined on the later of the Determination Date or the date of your death or total or partial disability, based on the Company's Actual EPS at the end of fiscal 2018 and the portion of the Restricted Period that had elapsed since the Grant Date on the date of such death or total or partial disability; all of the non-Ratable Portion of the Shares will automatically be forfeited and returned to the Company.

If you cease to maintain Continuous Service for any other reason, all Shares that are unvested and remain subject to the Restricted Period described above at the time of such termination of Continuous Service will automatically be forfeited and returned to the Company. 

In the event of a Change in Control (as defined in the 2000 Plan):

	
(1)

	
If the Change in Control occurs prior to the Determination Date, the Company's fully diluted cumulative earnings per share as of the effective time of the Change in Control, with the threshold, target and maximum levels of fully diluted cumulative earnings per share appropriately adjusted to reflect the portion of fiscal 2017 and fiscal 2018 that has elapsed as of the effective time of the Change in Control, will be used to determine the number of Shares that will be converted to time-vesting Shares (the "Converted Award").

		
(a)

	
If and to the extent that this Converted Award is not continued, assumed or replaced in connection with the Change in Control, the Restricted Period on all Shares underlying the Converted Award will expire and all such Shares will become fully vested.

		
(b)

	
If and to the extent that this Converted Award is continued, assumed or replaced in connection with the Change in Control (with such adjustments as may be required or permitted by the 2000 Plan), this Converted Award or replacement therefor will remain outstanding and will vest subject to your Continuous Service through the Restricted Period; provided, however, that if within 24 months after the Change in Control you cease to maintain Continuous Service due to a termination by the Company without Cause or by you for Good Reason (each as defined in your [Amended and Restated] Employment and Noncompetition Agreement dated [                          ]), the Restricted Period on all Shares underlying the Converted Award will expire and all such Shares will become fully vested.

	
(2)

	
If the Change in Control occurs after the Determination Date but prior to the Final Vesting Date, any Shares that remain unvested at the time of such Change in Control will be treated the same as a Converted Award, as described in (1)(a) and (b) above.

	
 

By your signature and the Company's signature below, you and the Company agree that this Award is granted under and governed by the terms and conditions of the 2000 Plan and the Award Agreement. A copy of the 2000 Plan has been provided or otherwise made available to you and is incorporated herein by reference and made a part of this document.

 

	
 

_________________________________________

Shoe Carnival, Inc.

 

_________________________________________

[Name of Award Recipient]

 

	
 

_________________________________________ 

Date

 

_________________________________________ 

DateCOMMON STOCK PURCHASE AGREEMENT

COMMON STOCK PURCHASE AGREEMENT

This Common Stock Purchase Agreement (the “Agreement”) made this 21st day of April, 2017, by and among, on the one hand, Robert J. Wagner (the “Buyer”) and, on the other hand, Leon Henry (“Mr. Henry”) (the “Seller”), regarding the purchase of shares of common stock of Oculus, Inc., a Nevada corporation (the “Company”) setting forth the terms and conditions upon which the Seller will sell Thirty Five Million (35,000,000) shares (the “Shares”) of common stock (the “Common Stock”) of the Company, individually owned by Seller, to Buyer. 

NOW THEREFORE, in consideration of the mutual promises, covenants and representations contained herein, the parties herewith agree as follows:

ARTICLE I

SALE OF SECURITIES

1.01

Sale. Subject to the terms and conditions of this Agreement, the Seller agrees to sell the Shares of Common Stock for an aggregate purchase price of Twenty Thousand Dollars ($20,000.00) (the “Purchase Price”), Mr. Henry beneficially owns 35,000,000 shares of Common Stock. This is a private transaction between the Seller and Buyer.

1.02

Purchase Price. At such time as, Buyer and/or his representatives shall have deposited the amount of $20,000.00 (the “Deposited Funds”), into an agreed to attorney-client trust account for payment of the Purchase Price, Seller shall sell and transfer the Shares to Buyer as set forth in Article III hereinbelow. 

ARTICLE II 

REPRESENTATIONS AND WARRANTIES

The Seller hereby represents and warrants to the Buyer the following:

2.01

Title. The Seller has good and marketable title to all of the Shares being sold by them to the Buyer pursuant to this Agreement. The Shares will be, at the Closing, free and clear of all liens, security interests, pledges, charges, claims, encumbrances and restrictions of any kind, except for restrictions on transfer imposed by federal and state securities laws. None of the Shares are or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to such Shares. Except as provided in this Agreement, the Seller is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Shares. There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the purchase of the Shares by Buyer (and/or assigns) impair, restrict or delay voting rights with respect to the Shares. 

2.02

Transfer of Shares. The Seller will have the responsibility for sending all certificates representing the Shares being purchased, along with the proper Stock Powers with Signature Guarantees acceptable to the Transfer Agent for delivery to the Buyer at Closing. 

2.03

Capitalization of Company. The total number of issued and outstanding capital shares of the Company is, and shall remain through Closing, 46,367,670.

ARTICLE III

CLOSING

3.01

Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this Transaction for the Shares being purchased will occur when all of the documents and consideration described in Paragraph 3.02 below have been delivered. 

3.02

Documents and Payments to be Delivered at Closing. As part of the Closing the following documents, in form reasonably acceptable to counsel to the parties, and shall be delivered to Buyer:

(a)

By the Seller:

(i)

stock certificate or certificates, along with stock powers with medallion signature guarantees acceptable to the transfer agent, representing the Shares, endorsed in favor of the name or names as designated by Buyer or left blank;

(ii)

the resignation of all officers of the Company; 

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(iii) 

the appointment of new directors of the Company as designated by the Buyer and the resignation of all its current directors; and Buyer will provide the Seller the resolution of the new appointment before the Closing;

(iv)

true and correct copies of all of the business and corporate records of the Company, including but not limited to correspondence files, bank statements, checkbooks, savings account books, minutes of shareholder and directors meetings or consents, financial statements, a shareholder list from the Company’s transfer agent dated as of the Closing, stock transfer records, agreements and contracts that exist and

(v)

such other documents of the Company as may be reasonably required by Buyer, if available.

3.03

Conditions Subsequent. After the Closing:

(a) 

After the Purchase, the Buyer of the Shares shall file the appropriate filings, if so required, disclosing the acquisition of the Shares by the Buyer (“Disclosure Document”).

(b)

 Upon the purchase of the Shares by the Buyer, Buyer will have the full responsibility for filing any and all documents required by the SEC and/or any other government agency that may be required. The Seller will supply the Buyer with all information that is currently available for the Company. The Buyer understands that the Seller will have no responsibility whatsoever for any filings made by the Company in the future, either with the SEC, FINRA or with the State of Nevada.

ARTICLE IV

INVESTMENT INTENT

4.01

Transfer Restrictions. Buyer (and/or assigns) agrees that the Shares being acquired pursuant to this Agreement may be sold, pledged, assigned, hypothecated or otherwise transferred, with or without consideration (“Transfer”) only pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “Act”), or pursuant to an exemption from registration under the Act. 

4.02

Investment Intent. The Buyer is acquiring the Shares for his own account for investment, and not with a view toward distribution thereof.

4.03

No Advertisement. The Buyer acknowledges that the Shares have been offered to him in direct communication between himself and Seller, and not through any advertisement of any kind. 

4.04

Knowledge and Experience. The Buyer acknowledges that he has, or has been encouraged to, seek his own legal and financial counsel to assist him in evaluating this purchase. The Buyer acknowledges that Seller has given him and his counsel access to all information relating to the Company’s business that he or any one of them has requested. The Buyer acknowledges that he has sufficient business and financial experience, and knowledge concerning the affairs and conditions of the Company so that he can make a reasoned decision as to this purchase of the Shares and is capable of evaluating the merits and risks of this purchase. 

4.05

Restrictions on Transferability. The Buyer is aware of the restrictions of transferability of the Shares and further understands the certificates shall bear the following legend.

(a) THIS SECURITY HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION PROVIDED IN SECTIONS 4(1) AND 4(2) AND REGULATION D UNDER THE ACT. AS SUCH, THE PURCHASE OF THIS SECURITY WAS MADE WITH THE INTENT OF INVESTMENT AND NOT WITH A VIEW FOR DISTRIBUTION. THEREFORE, ANY SUBSEQUENT TRANSFER OF THIS SECURITY OR ANY INTEREST THEREIN WILL BE UNLAWFUL UNLESS IT IS REGISTERED UNDER THE ACT OR UNLESS AN EXEMPTION FROM REGISTRATION IS AVAILABLE. 

(b) The Buyer understands that the Shares may only be disposed of pursuant to either (i) an effective registration statement under the Act, or (ii) an exemption from the registration requirements of the Act. 

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ARTICLE V

REMEDIES

5.01

Arbitration. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of Nevada, without regard to the principles of conflict of laws thereof. Any controversy of claim arising out of, or relating to, this Agreement, or the making, performance, or interpretation thereof, shall be settled by arbitration in Nevada in accordance with the Rules of the U.S. Arbitration Association then existing, and judgment on the arbitration award may be entered in any court having jurisdiction over the subject matter of the controversy.

5.02

Termination. The Buyer may terminate this Agreement, if at the Closing, the Seller has failed to comply with all material terms of this Agreement and have failed to supply any documents required by this Agreement unless they do not exist, or have failed to disclose any material facts which could have a substantial effect on any part of this transaction. Seller may terminate this Agreement, if at the Closing Buyer has failed to perform. Upon termination the Deposited Funds shall be returned promptly to the Payor thereof.

5.03

Indemnification. From and after the Closing, the Parties, jointly and severally, agree to indemnify the other against all actual losses, damages and expenses caused by (i) any material breach of this Agreement by them or any material misrepresentation contained herein, or (ii) any misstatement of a material fact or omission to state a material fact required to be stated herein or necessary to make the statements herein not misleading.

5.04

Indemnification Non-Exclusive. The foregoing indemnification provision is in addition to, and not derogation of any statutory, equitable or common law remedy any party may have for breach of representation, warranty, covenant or agreement.

ARTICLE VI

MISCELLANEOUS

6.01

Captions and Headings. The article and paragraph headings throughout this Agreement are for convenience and reference only, and shall in no way be deemed to define, limit, or add to the meaning of any provision of this Agreement.

6.02

No Oral Change. This Agreement and any provision hereof, may not be waived, changed, modified, or discharged, orally, but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, or discharge is sought.

6.03

Non Waiver. Except as otherwise expressly provided herein, no waiver of any covenant, condition, or provision of this Agreement shall be deemed to have been made unless expressly in writing and signed by the party against whom such waiver is charged; and (i) the failure of any party to insist in any one or more cases upon the performance of any of the provisions, covenants, or conditions of this Agreement or to exercise any option herein contained shall not be construed as a waiver or relinquishment for the future of any such provisions, covenants, or conditions, (ii) the acceptance of performance of anything required by this Agreement to be performed with knowledge of the breach or failure of a covenant, condition, or provision hereof shall not be deemed a waiver of such breach or failure, and (iii) no waiver by any party of one breach by another party shall be construed as a waiver with respect to any other or subsequent breach.

6.04

Time of Essence. Time is of the essence of this Agreement and of each and every provision hereof.

6.05

Entire Agreement. This Agreement, including any and all attachments hereto, if any, contain the entire Agreement and understanding between the parties hereto, and supersede all prior agreements and understandings.

6.06

Partial Invalidity. In the event that any condition, covenant or other provision of this Agreement is held to be invalid or void by any court of competent jurisdiction, it shall be deemed severable from the remainder of this Agreement and shall in no way affect any other condition, covenant or other provision of this Agreement. If such condition, covenant or other provision is held to be invalid due to its scope or breadth, it is agreed that it shall be deemed to remain valid to the extent permitted by law. 

6.07

Significant Changes. The Seller understands that significant changes may be made in the capitalization and/or stock ownership of the Company after Closing, which changes could involve a reverse stock split and/or the issuance of additional shares, thus possibly having a dramatic negative effect on the percentage of ownership and/or number of shares owned by present shareholders of the Company.

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6.08

Counterparts. This Agreement may be executed simultaneously in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Facsimile signatures will be acceptable to all parties.

6.09

Binding Effect. This Agreement shall inure to and be binding upon the heirs, executors, personals, successors and assigns of each of the parties to this Agreement.

6.10

Effect of Closing. All representations, warranties, covenants, and agreements of the parties contained in this Agreement, or in any instrument, certificate, opinion, or other writing provided for in it, shall be true and correct as of the Closing and shall survive the Closing of this Agreement.

6.11

Mutual Cooperation. The parties hereto shall cooperate with each other to achieve the purpose of this Agreement, and shall execute such other and further documents and take such other and further actions as may be necessary or convenient to effect the transaction described herein.

IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the date first above written.

“SELLER”

Leon Henry 

By: Leon Henry                                  

“Buyer”

Robert J. Wagner

By: Robert J. Wagner                          

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