Document:

Retention and Severence Agreement

 Exhibit 10.17 
 RETENTION AND SEVERANCE AGREEMENT 
 THIS RETENTION AND SEVERANCE AGREEMENT is entered
into as of June 27, 2008, by and between NTN Buzztime, Inc. and Kendra Berger (“Employee”). 
 WHEREAS, the Company
desires to continue to retain the services of Employee; 
 WHEREAS, the parties desire to enter into this Retention and Severance
Agreement (this “Agreement”) to set forth certain terms and conditions under which Employee may be eligible to receive retention and severance payments in the event of her employment continuation and termination; 
 NOW, THEREFORE, in consideration of the mutual agreements and covenants herein and other good and valuable consideration, the sufficiency of which
is acknowledged, the Company and Employee hereby agree as follows: 
 1. Retention Bonus. The Company shall pay Employee a retention
bonus equal to three months of Employee’s then current annual base salary (the “Retention Bonus”) in a lump sum cash payment on September 1, 2008 (subject to applicable payroll taxes and other withholding), provided Employee
continues as of that date to serve as an employee of the Company. 
 2. Severance Payment. If Employee’s employment is terminated
by the Company without Cause during the period from June 1, 2008 to May 31, 2009 and subject to the Company’s receipt of an effective release executed by Employee in a form acceptable to the Company (the “Release”), Employee
shall be entitled to be paid a cash amount equal to the greater of $15,000 or the amount payable under NTN Buzztime’s executive severance formula or six months of Employee’s then current annual base salary (the “Severance
Payment”), subject to applicable payroll taxes and other withholding. The Severance Payment shall be payable in one lump sum within 10 days of the effective date of the Release, provided that in any event such payment must be paid within 60
days of Employee’s “separation of service” (as defined under Internal Revenue Code Section 409A) subject to the Company’s receipt of an effective Release. 
 3. Definition of “Cause.” For purposes of this Agreement, “Cause” shall mean as reasonably determined by the Company’s
Board of Directors, (i) any act of personal dishonesty taken by Employee in connection with her responsibilities as an employee of the Company which is intended to result in substantial personal enrichment of Employee and is reasonably likely
to result in material harm to the Company, (ii) Employee’s conviction of a felony which the Board reasonably believes has had or will have a material detrimental effect on the Company’s reputation or business, (ii) a willful act
by Employee which constitutes misconduct and is materially injurious to the Company, or (iv) continued willful violations by Employee of Employee’s obligations to the Company after there has been delivered to Employee a written demand for
performance from the Company which describes the basis for the Company’s belief that Employee has willfully violated her obligations to the Company. 

 4. No Employment Contract. This Agreement shall not be deemed to constitute a contract of
employment for any specific term or period, nor shall any provision hereof affect the right of the Company to discharge Employee at will. 
 5. Entire Agreement; Prior Agreements. This Agreement contains the entire agreement between Employee and the Company regarding the subject matter hereof and, as such, fully supersedes any and all prior agreements or understandings,
whether oral or written, between Employee and the Company pertaining to the subject matter addressed in this Agreement. To the extent any term or condition of this Agreement conflicts with any term or condition of any other agreement between the
parties, whether written or oral, this Agreement shall prevail. 
 6. Choice of Law. This Agreement shall be governed by the laws of
the State of California without giving effect to the principle of choice of law thereof. 
 7. Tax Matters. Employee is responsible
for payment of all taxes (including any interest and penalties) legally imposed upon her in connection with benefits provided under this Agreement, and the Company shall have no liability to Employee or any other party with respect to any such tax
or amount. All benefits and payments provided hereunder are subject to applicable tax and other withholdings required by law, and they will be made net of such withholding amounts. Notwithstanding anything to the contrary in this Agreement, to the
extent that any benefits or payments provided hereunder constitute “deferred compensation” under Internal Revenue Code Section 409A (and any guidance, whenever issued, thereunder) and Employee is a “specified employee” (also
as defined thereunder) of the Company, no distribution or payment of any amount shall be made before a date that is six months following the date of Employee’s “separation from service” (also as defined in Section 409A) or, if
earlier, the date of the Employee’s death. To the extent any delay in payment is required under the preceding sentence, the amounts that would otherwise have been required to be made during such period of delay shall accumulate during such
period and shall be paid within five business days after the end of such period. 
 8. Arbitration. Any controversy arising out of or
relating to this Agreement or an alleged breach of this Agreement shall be submitted to arbitration in San Diego County, California, before a sole arbitrator selected from Judicial Arbitration and Mediation Services, Inc. or its successor
(“JAMS”), or if JAMS is no longer able to supply the arbitrator, such arbitrator shall be selected from the American Arbitration Association; provided, however, that provisional injunctive relief may, but need not, be sought in a court of
law while arbitration proceedings are pending, and any provisional injunctive relief granted by such court shall remain effective until the matter is finally determined by the arbitrator. The arbitration shall be administered by JAMS pursuant to its
Comprehensive Arbitration Rules and Procedures. Judgment on the award may be entered in any court having jurisdiction. The parties acknowledge and agree that they are hereby waiving any rights to trial by jury in any action, proceeding or
counterclaim brought by either of the parties against the other in connection with any matter whatsoever arising out of or in any way connected with any of the matters referenced in the first sentence of the first paragraph of this Section 8.
The parties agree that the Company shall be responsible for payment of the forum costs of any arbitration hereunder, including the 

 
arbitrator’s fee. The parties further agree that in any proceeding with respect to such matters, the prevailing party will be entitled to recover its
reasonable attorney’s fees and costs from the non-prevailing party (other than forum costs associated with the arbitration which in any event shall be paid by the Company). 
 9. Company’s Successors. This Agreement shall be binding upon any successor (whether direct or indirect and whether by purchase, lease,
merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets. For all purposes under this Agreement, the term “Company” shall include any successor to the Company’s business
and/or assets, which becomes bound by this Agreement. 
 10. Counterparts. This Agreement may be executed in two or more counterparts,
each of which shall be deemed an original and all of which together shall be deemed to be one and the same instrument. 
 IN WITNESS WHEREOF,
the parties have executed this Agreement as of the date written below. 
  

					
	 June 27, 2008
	 	 	 	 /S/ KENDRA BERGER

	Date	 	 	 	KENDRA BERGER
			
	 June 27, 2008
	 		 	 /S/ GARY ARLEN

	Date	 		 	NTN BUZZTIME, INC.Form of Stock Unit Award Agreement

 Exhibit 10.18 
 NTN BUZZTIME, INC. 
 2004 PERFORMANCE INCENTIVE PLAN 
 STOCK UNIT AGREEMENT 
 THIS STOCK UNIT
AGREEMENT (the “Agreement”), dated                     , 20     (the “Grant Date”) between NTN
Buzztime, Inc., a Delaware corporation (the “Corporation”), and
                                         (the
“Recipient”), is entered into as follows: 
 WHEREAS, the continued commitment of the Recipient is considered by the Corporation to
be important for the Corporation’s continued growth; and 
 WHEREAS, in order to give the Recipient an incentive to continue in the
employ or service of the Corporation and to assure his or her continued commitment to the success of the Corporation, the Compensation Committee of the Board of Directors of the Corporation or its delegates (the “Committee”) has
determined that the Recipient shall be granted units (“Stock Units”) representing hypothetical shares of the Corporation’s Common Stock, with each Stock Unit equal in value to one share of the Corporation’s Common Stock, subject
to the restrictions stated below and in accordance with the terms and conditions of the NTN Buzztime, Inc. 2004 Performance Incentive Plan (the “Plan”), a copy of which can be obtained by written or telephonic request to the Stock Plan
Administrator. 
 THEREFORE, the parties agree as follows: 
 1. Grant of Stock Units. Subject to the terms and conditions of this Agreement and of the Plan, the Corporation hereby grants to the Recipient Stock Units covering
                                        
shares of Stock (the “Shares”). 
 2. Vesting Schedule. Subject to the Recipient’s not experiencing a termination of employment
or service during the following vesting period, the interest of the Recipient in the Stock Units shall vest as follows: 100% of the Shares shall vest on the fourth anniversary of the Grant Date; provided that in the event the Corporation achieves
one or all of the revenue targets set forth below, a portion of the Stock Units shall immediately vest on the applicable date set forth below: 
  

						
	 Date
	  	 Revenue Target
	  	% Acceleration	 
	March 15, 2010	  	5% revenue growth over 2008 revenue	  	10	%
	March 15, 2011	  	17% revenue growth over 2008 revenue	  	40	%
	March 15, 2012	  	30% revenue growth over 2008 revenue	  	50	%

 The vesting schedule requires continued employment or service through each applicable vesting date as a condition
to the vesting and the rights and benefits under this Agreement. Partial employment or service, even if substantial, during any vesting period will not entitle the Recipient to any proportionate vesting or avoid or mitigate a termination of rights
and benefits upon or following a termination of employment or service as provided in Section 4(b) below or under the Plan. 

 Additional vesting may apply under the circumstances specified in Section 5 below. 
 3. Benefit Upon Vesting. Upon the vesting of the Stock Units and subject to any limitations set
forth in this Agreement, the Recipient shall be entitled to receive, and the Corporation shall as soon as reasonably practicable (but in any event, within the period ending on the later to occur of the date that is two and one half (2 1/2) months after the end of (a) the Recipient’s tax year that includes the applicable vesting date, or (b) the
Corporation’s tax year that includes the applicable vesting date) issue to the Recipient, a number of Shares equal to the number of Stock Units that have vested on the applicable vesting date subject to Section 7 below. 

 

	4.	Restrictions.  

 (a) Except as otherwise
provided for in this Agreement, the Plan or applicable law, the Stock Units or any related rights granted hereunder may not be sold, pledged or otherwise transferred until the Stock Units become vested in accordance with Section 2 and the
Shares are issued under Section 3. The period of time between the date hereof and the date the Stock Units become fully vested is referred to as the “Restriction Period.” 
 (b) Except as otherwise provided for in this Agreement, if the Recipient’s employment or service with the Corporation is terminated at any time for
any reason, prior to the lapse of the Restriction Period, all Stock Units granted hereunder that have not vested by such termination date and that are held by the Recipient as of such date shall be forfeited by, and no further rights shall accrue
to, the Recipient, without payment of any consideration by the Corporation and without any other action by the Recipient or the Recipient’s beneficiary or personal representative, as the case may be. If the Recipient is employed or engaged by a
Subsidiary and that entity ceases to be a Subsidiary, such event shall be deemed to be a termination of employment or service of the Recipient for purposes of this Agreement, unless the Recipient otherwise continues to be employed or engaged by the
Corporation or another of its Subsidiaries following such event. 
 5. Change in Control. Notwithstanding any contrary vesting period or other
limitation or restriction in this Agreement or the Plan, in the event of a Change in Control Event (as defined in Section 7.3 of the Plan), the Stock Units shall become fully vested (and any Shares subject hereto shall be issued and settled and
the Stock Units shall terminate) effective as of immediately prior to and contingent upon consummation of the Change in Control Event. 
 6. No
Stockholder Rights. Stock Units represent hypothetical shares of Common Stock. During the Restriction Period, and except as otherwise provided for under the Plan or this Agreement, the Recipient shall not be entitled to any of the rights or
benefits (including without limitation any voting or dividend rights) generally accorded to stockholders. 
 7. Taxes. To meet the obligations
of the Corporation (or a Subsidiary if the Recipient is employed by an entity other than the Corporation) and the Recipient with respect to any income or employment withholding taxes, FICA contributions, or the like under any federal, state, local
or foreign statute, ordinance, rule, or regulation in or connection with the award grant, vesting or settlement of the Stock Units, the Corporation may, at its sole discretion, either require the 

 
Recipient to deposit with the Corporation an amount of cash sufficient to meet such obligations and/or, withhold the required amounts from the
Recipient’s pay during the pay periods immediately preceding the date on which any such applicable withholding tax or similar obligation otherwise arises. The Corporation may also in lieu of or in addition to the foregoing, at its sole
discretion, withhold a number of shares of Common Stock otherwise deliverable under this award having a fair market value sufficient to satisfy the statutory minimum (or such higher amount as is allowable without adverse accounting consequences) of
the Recipient’s estimated total federal, state, local and/or foreign tax obligations associated with the grant, vesting or settlement of the Stock Units. The Corporation shall not deliver any of the Shares until and unless the Recipient has
made the deposit required herein or proper provision for all applicable tax withholding and similar obligations has been made. The Recipient hereby consents to any action reasonably taken by the Corporation to meet all or any of such obligations.

 8. Data Privacy Consent. The Recipient hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or
other form, of the Recipient’s personal data as described in this document by the Corporation for the exclusive purpose of implementing, administering and managing the Recipient’s participation in the Plan. The Recipient understands that
the Corporation holds certain personal information about the Recipient, including, but not limited to, name, home address and telephone number, date of birth, social security or insurance number or other identification number, salary, nationality,
job title, any shares of stock or directorships held in the Corporation, details of all options or any other entitlement to shares of stock awarded, canceled, purchased, exercised, vested, unvested or outstanding in the Recipient’s favor for
the purpose of implementing, managing and administering the Plan (“Data”). The Recipient understands that the Data may be transferred to any third parties assisting in the implementation, administration and management of the Plan, that
these recipients may be located in the Recipient’s country or elsewhere and that the recipient country may have different data privacy laws and protections than the Recipient’s country. The Recipient understands that the Recipient may
request a list with the names and addresses of any potential recipients of the Data by contacting the Stock Plan Administrator. The Recipient authorizes the recipients to receive, possess, use, retain and transfer the Data, in electronic or other
form, for the purposes of implementing, administering and managing the Recipient’s participation in the Plan, including any requisite transfer of such Data, as may be required to a broker or other third party with whom the Recipient may elect
to deposit any Stock acquired under the Plan. The Recipient understands that Data will be held only as long as is necessary to implement, administer and manage participation in the Plan. The Recipient understands that the Recipient may, at any time,
view Data, request additional information about the storage and processing of the Data, require any necessary amendments to the Data or refuse or withdraw the consents herein, in any case without cost, by contacting the Stock Plan Administrator in
writing. The Recipient understands that refusing or withdrawing consent may affect the Recipient’s ability to participate in the Plan. For more information on the consequences of refusing to consent or withdrawing consent, the Recipient
understands that he or she may contact the Stock Plan Administrator at the Corporation. 
 9. Plan Information. The Recipient acknowledges that
the Recipient has received copies of the Plan and the Plan prospectus from the Corporation and agrees to receive stockholder information, including copies of any annual report, proxy statement and periodic report, from the 

 
SEC Filings section in the Investor Relations section of the Corporation’s website at www.ntnbuzztime.com. The Recipient acknowledges that copies of the
Plan, Plan prospectus, Plan information and stockholder information are also available upon written or telephonic request to the Stock Plan Administrator. 
 10. Recipient Acknowledgments. By accepting this grant of Stock Units, the Recipient acknowledges and agrees that the Plan is established voluntarily by the Corporation, it is discretionary in nature and may be modified,
amended, suspended or terminated by the Corporation at any time unless otherwise provided in the Plan or this Agreement. The Recipient acknowledges that all decisions with respect to future grants, if any, will be at the sole discretion of the
Corporation. The Recipient’s participation in the Plan shall not create a right to further employment or service with the Corporation and shall not interfere with the ability of the Corporation to terminate the Recipient’s employment or
service relationship at any time with or without cause and it is expressly agreed and understood that employment or service is terminable at the will of either party, insofar as permitted by law. The Recipient agrees that stock units, stock unit
grants and resulting benefits are an extraordinary item that do not constitute compensation of any kind for services of any kind rendered to the Corporation and are outside the scope of the Recipient’s employment or service contract, if any.
Stock units, stock unit grants and resulting benefits are not part of normal or expected compensation or salary for any purposes, including, but not limited to calculating any severance, resignation, termination, redundancy, end of service payments,
bonuses, long-service awards, pension or retirement benefits or similar payments insofar as permitted by law. In the event that the Recipient is not an employee of the Corporation, this grant of Stock Units will not be interpreted to form an
employment contract or relationship with the Corporation or any Subsidiary of the Corporation. The Recipient acknowledges that the future value of the Shares is unknown, may increase or decrease from the date of grant or vesting of the Stock Unit
and cannot be predicted with certainty. In consideration of this grant of Stock Units, no claim or entitlement to compensation or damages shall arise from termination of this grant of Stock Units or diminution in value of this grant of Stock Units
resulting from the Recipient’s termination of employment or service by the Corporation (for any reason whatsoever and whether or not in breach of applicable laws). 
 10. Code Section 409A Matters. The Company has attempted in good faith to structure the Stock Units in a manner that conforms to the requirements of Code Section 409A(a)(2), (3) and (4),
and any ambiguities herein will be interpreted to so comply with these requirements to the maximum extent permissible. To the extent the IRS challenges whether the Stock Units in fact comply with Code Section 409A(a)(2), (3) and (4), the
Recipient shall be fully responsible for any additional taxes, penalties and/or interest that might apply as a result of any adverse determination resulting from such challenge. To the extent the Stock Units contemplate multiple distribution dates,
each amount to be paid (Shares to be distributed) hereunder on any particular distribution date is designated as a separate payment and such payments will not collectively be treated as a single payment. Notwithstanding anything else to the contrary
in this Agreement or the Plan, the Company may accelerate distribution of Shares under this Agreement only in accordance with Treas. Reg. §1.409A-3(j)(4). 
 11. Miscellaneous. 
 (a) The Corporation shall not be required to treat as the owner of Stock Units, and
associated benefits hereunder, any transferee to whom such Stock Units or benefits shall have been so transferred in violation of this Agreement. 

 (b) The parties agree to execute such further instruments and to take such action as may reasonably be
necessary to carry out the intent of this Agreement. 
 (c) Any notice required or permitted hereunder shall be given in writing and shall be
deemed effectively given upon delivery to the Recipient at the Recipient’s address then on file with the Corporation. 
 (d) The Plan is
incorporated herein by reference. The Plan and this Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Corporation and the
Recipient with respect to the subject matter hereof, and may not be modified adversely to the Recipient’s interest except by means of a writing signed by the Corporation and the Recipient. This Agreement is governed by the laws of the state of
Delaware. In the event of any conflict between the terms and provisions of the Plan and this Agreement, the Plan terms and provisions shall govern. Capitalized terms used but not defined in this Agreement have the meanings assigned to them in the
Plan. Certain other important terms governing this contract are contained in the Plan. 
 (e) The provisions of this 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. 
  

							
	Accepted by Recipient:	 	 	 	NTN BUZZTIME, INC.
				
	  
	 		 	By:	 	  

	[Recipient Name]	 		 	Name:	 	  

		 		 	Title:	 	  

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