Document:

Sample Formula Restricted Stock Award Agreement

 Exhibit 10(q) 
  
 FORMULA RESTRICTED STOCK AWARD AGREEMENT 
  
 Wendy’s International, Inc. 
  
             , 20    

  
 THIS AGREEMENT, made as of
            , 20     (the “Date of Grant”), between Wendy’s International, Inc., an Ohio corporation (the
“Company”), and                      (the “Grantee”). 
  
 WHEREAS, the Company has adopted the Wendy’s International, Inc. 2003
Stock Incentive Plan (the “Plan”) in order to provide additional incentive to certain employees and directors of the Company and its Subsidiaries; and 
  
 WHEREAS, the Committee has determined to grant to the Grantee an Award of Formula Restricted Stock as provided herein to
encourage the Grantee’s efforts toward the continuing success of the Company. 
  
 NOW, THEREFORE, the parties hereto agree as follows: 
  
 1. Grant of Formula Restricted Stock. 
  
 1.1 The Company hereby grants to the Grantee an award of                      Shares of Formula Restricted
Stock (the “Award”). The Shares of Formula Restricted Stock granted pursuant to the Award shall be issued in the form of book entry Shares in the name of the Grantee as soon as reasonably practicable after the Date of Grant and
shall be subject to the execution and return of this Agreement by the Grantee (or the Grantee’s estate, if applicable) to the Company as provided in Section 9 hereof. 
  
 1.2 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the
provisions of which are hereby incorporated by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. 
  
 2. Escrow; Restrictions on Transfer. 
  
 2.1 Evidence of book entry Shares with respect to Shares of Formula
Restricted Stock the restrictions on which have not lapsed will be held in escrow by the Company pursuant to the terms of this Agreement until the restrictions on such Shares have lapsed. 
  
 2.2 The Shares of Formula Restricted Stock issued under this Agreement may not be sold, transferred or otherwise disposed of
and may not be pledged or otherwise hypothecated until all restrictions on such Formula Restricted Stock shall have lapsed in the manner provided in Section 3, 4 or 5 hereof. 
  
 3. Lapse of Restrictions Generally. 
  
 Except as provided in Sections 4, 5 and 6 hereof, one-fourth (1/4) of the number of Shares of Formula Restricted Stock
issued hereunder (rounded down to the nearest whole Share, if necessary) shall vest, and the restrictions with respect to such Formula Restricted Stock shall lapse, on each of the first four (4) anniversaries of the Date of Grant. 
  
 4. Effect of Certain Terminations of Service. 
  
 If the Grantee’s service as a director terminates as a result of the
Grantee’s death, Retirement or becoming Disabled, in each case on or after the Date of Grant, all Shares of Formula Restricted Stock which have not become vested in accordance with Section 3 or 5 hereof shall vest, and the restrictions on such
Formula Restricted Stock shall lapse, as of the date of such termination. 
  

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 5. Effect of Change in Control. 
  
 In the event of a Change in Control at any time on or after the Date of Grant, all Shares of Formula Restricted Stock which
have not become vested in accordance with Section 3 or 4 hereof shall vest, and the restrictions on such Formula Restricted Stock shall lapse, immediately. 
  
 6. Forfeiture of Formula Restricted Stock. 
  
 In addition to the circumstance described in Section 9(a) hereof, any and all Shares of Formula Restricted Stock which have not become vested in
accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company upon: 
  
 (i) the termination of the Grantee’s service as a director for any reason other than those set forth in Section 4 hereof prior to such vesting; or

  
 (ii) the commission by the Grantee of an Act of Misconduct
prior to such vesting. 
  
 For purposes of this Agreement, an “Act of
Misconduct” shall mean the occurrence of one or more of the following events: (x) the Grantee uses for profit or discloses to unauthorized persons, confidential information or trade secrets of the Company or any of its Subsidiaries, (y) the
Grantee breaches any contract with or violates any fiduciary obligation to the Company or any of its Subsidiaries, or (z) the Grantee engages in unlawful trading in the securities of the Company or any of its Subsidiaries or of another company based
on information gained as a result of the Grantee’s status as a director of the Company or any of its Subsidiaries. 
  
 7. Delivery of Shares. 
  
 7.1 Except as otherwise provided in Section 7.2 hereof, evidence of book entry Shares with respect to Shares of Formula Restricted Stock in respect of
which the restrictions have lapsed pursuant to Section 3, 4 or 5 hereof or, if requested by the Grantee prior to such lapse of restrictions, a stock certificate with respect to such Shares of Formula Restricted Stock, shall be delivered to the
Grantee as soon as practicable following the date on which the restrictions on such Formula Restricted Stock have lapsed, free of all restrictions hereunder. 
  
 7.2 Evidence of book entry Shares with respect to Shares of Formula Restricted Stock in respect of which the restrictions have lapsed upon the
Grantee’s death pursuant to Section 4 hereof or, if requested by the executors or administrators of the Grantee’s estate upon such lapse of restrictions, a stock certificate with respect to such Shares of Formula Restricted Stock, shall be
delivered to the executors or administrators of the Grantee’s estate as soon as practicable following the Company’s receipt of notification of the Grantee’s death, free of all restrictions hereunder. 
  
 8. Dividends and Voting Rights. 
  
 Subject to Section 9(a) hereof, upon issuance of the Formula Restricted
Stock, the Grantee shall have all of the rights of a stockholder with respect to such Stock, including the right to vote the Stock and to receive all dividends or other distributions paid or made with respect thereto; provided,
however, that dividends or distributions declared or paid by the Company in cash on the Formula Restricted Stock shall be deferred and reinvested in Shares based on the Fair Market Value of a Share on the date such dividend or distribution is
paid or made (provided that no fractional Shares will be issued), and the additional Shares thus acquired shall be subject to the same restrictions on transfer, forfeiture and vesting schedule as the Formula Restricted Stock in respect of which such
dividends or distributions were made. Where applicable, the term “Formula Restricted Stock” as used in this Agreement shall include the Shares acquired pursuant to this Section 8. 
  

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 9. Execution of Agreement. 
  
 (a) The Shares of Formula Restricted Stock granted to the Grantee pursuant to the Award shall be subject to the
Grantee’s execution and return of this Agreement to the Company or its designee (including by electronic means, if so provided) no later than the earlier of (i)             ,
20     and (ii) the date that is immediately prior to the date that the Formula Restricted Stock vest pursuant to Section 4 or 5 hereof (the “Grantee Return Date”); provided that if the Grantee dies before
the Grantee Return Date, this requirement shall be deemed to be satisfied if the executor or administrator of the Grantee’s estate executes and returns this Agreement to the Company or its designee no later than ninety (90) days following the
Grantee’s death (the “Executor Return Date”). If this Agreement is not so executed and returned on or prior to the Grantee Return Date or the Executor Return Date, as applicable, the Shares of Formula Restricted Stock evidenced
by this Agreement shall be forfeited, and neither the Grantee nor the Grantee’s heirs, executors, administrators and successors shall have any rights with respect thereto. 
  
 (b) If this Agreement is so executed and returned on or prior to the Grantee Return Date or the Executor Return Date, as
applicable, all dividends and other distributions paid or made with respect to the Shares of Formula Restricted Stock granted hereunder prior to such Grantee Return Date or Executor Return Date shall be treated in the manner provided in Section 8
hereof. 
  
 10. No Right to Continued Service as Director.

  
 Nothing in this Agreement or the Plan shall confer upon the
Grantee any right to be retained as a member of the Board. 
  
 11.
Grantee Bound by the Plan. 
  
 The Grantee hereby
acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
  
 12. Modification of Agreement. 
  
 This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by
the parties hereto. 
  
 13. Severability. 
  
 Should any provision of this Agreement be held by a court of competent
jurisdiction to be unenforceable or invalid for any reason, the remaining provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance with their terms. 
  
 14. Governing Law. 
  
 The validity, interpretation, construction and performance of this Agreement
shall be governed by the laws of the State of Ohio without giving effect to the conflicts of laws principles thereof. 
  
 15. Successors in Interest. 
  
 This Agreement shall inure to the benefit of and be binding upon any successor to the Company. This Agreement shall inure to the benefit of the
Grantee’s legal representatives. All obligations imposed upon the Grantee and all rights granted to the Company under this Agreement shall be binding upon the Grantee’s heirs, executors, administrators and successors. 
  

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 16. Resolution of Disputes. 
  
 Any dispute or disagreement which may arise under, or as a result of, or in any way relate to, the interpretation,
construction or application of this Agreement shall be determined by the Committee. Any determination made hereunder shall be final, binding and conclusive on the Grantee, the Grantee’s heirs, executors, administrators and successors, and the
Company and its Subsidiaries for all purposes. 
  
 17. Entire
Agreement. 
  
 This Agreement and the terms and conditions of
the Plan constitute the entire understanding between the Grantee and the Company and its Subsidiaries, and supersede all other agreements, whether written or oral, with respect to the Award. 
  
 18. Headings. 
  
 The headings of this Agreement are inserted for convenience only and do not
constitute a part of this Agreement. 
  
 19. Counterparts.

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

			
	 WENDY’S INTERNATIONAL, INC.

		
	 By:
	 	  

	
	 GRANTEE

	  
  

  
  
  

 4Sample Stock Unit Award Agreement

 Exhibit 10(r) 
  
 STOCK UNIT AWARD AGREEMENT 
 (with related Dividend Equivalent Rights) 
  
 Wendy’s International, Inc. 
  
             , 20     
  
 THIS AGREEMENT, made as of             , 20     (the
“Date of Grant”), between Wendy’s International, Inc., an Ohio corporation (the “Company”), and
                     (the “Grantee”). 
  
 WHEREAS, the Company has adopted the Wendy’s International, Inc. 2003 Stock Incentive Plan (the
“Plan”) in order to provide additional incentive to certain employees and directors of the Company and its Subsidiaries; and 
  
 WHEREAS, the Committee has determined to grant to the Grantee an Award of Stock Units with related Dividend Equivalent Rights as provided herein to
encourage the Grantee’s efforts toward the continuing success of the Company. 
  
 NOW, THEREFORE, the parties hereto agree as follows: 
  
 1. Grant. 
  
 1.1 The
Company hereby grants to the Grantee an award (the “Award”) of                      Stock Units and
                     Dividend Equivalent Rights, each Stock Unit to be accompanied by one (1) related Dividend Equivalent Right. The Stock
Units and Dividend Equivalent Rights granted pursuant to the Award shall be subject to the execution and return of this Agreement by the Grantee (or the Grantee’s estate, if applicable) to the Company as provided in Section 8 hereof. Subject to
Section 6 hereof, each Stock Unit represents the right to receive one (1) Share at the time and in the manner set forth in Section 7 hereof. 
  
 1.2 Each Dividend Equivalent Right represents the right to receive all of the cash dividends that are or would be payable with respect to the Share
represented by the Stock Unit to which the Dividend Equivalent Right relates. With respect to each Dividend Equivalent Right, any such cash dividends shall be converted into additional Stock Units based on the Fair Market Value of a Share on the
date such dividend is made (provided that no fractional Stock Units shall be granted). Such additional Stock Units shall be subject to the same terms and conditions applicable to the Stock Unit to which the Dividend Equivalent Right relates,
including, without limitation, the restrictions on transfer, forfeiture, vesting and payment provisions contained in Sections 2 through 7, inclusive, of this Agreement. In the event that a Stock Unit is forfeited pursuant to Section 6 or 8 hereof,
the related Dividend Equivalent Right shall also be forfeited. 
  
 1.3 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are hereby incorporated by reference) and, except as otherwise expressly set forth herein, the
capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. 
  
 2. Restrictions on Transfer. 
  
 The Stock Units granted pursuant to this Agreement may not be sold, transferred or otherwise disposed of and may not be pledged or otherwise hypothecated.

  

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 3. Vesting. 
  
 Except as provided in Sections 4 and 5 hereof, one-fourth (1/4) of the number of Stock Units granted hereunder (rounded up
to the next whole Stock Unit, if necessary) shall vest on each of the first four (4) anniversaries of the Date of Grant. 
  
 4. Effect of Certain Terminations of Employment. 
  
 If the Grantee’s employment terminates as a result of the Grantee’s death, Retirement or becoming Disabled, or if the Grantee is terminated
without Cause in connection with the disposition of one or more restaurants or other assets of the Company or its Subsidiaries or the sale or disposition of a Subsidiary, in each case if such termination occurs on or after the Date of Grant, all
Stock Units which have not become vested in accordance with Section 3 or 5 hereof shall vest as of the date of such termination. 
  
 5. Effect of Change in Control. 
  
 In the event of a Change in Control at any time on or after the Date of Grant, all Stock Units which have not become vested in accordance with Section 3
or 4 hereof shall vest immediately. 
  
 6. Forfeiture of Stock
Units. 
  
 In addition to the circumstance described in
Section 8 hereof, any and all Stock Units which have not become vested in accordance with Section 3, 4 or 5 hereof shall be forfeited and shall revert to the Company upon: 
  
 (i) the termination by the Grantee, the Company or its Subsidiaries of the Grantee’s employment for any reason other
than those set forth in Section 4 hereof prior to such vesting; or 
  
 (ii) the commission by the Grantee of an Act of Misconduct prior to such vesting. 
  
 For purposes of this Agreement, an “Act of Misconduct” shall mean the occurrence of one or more of the following events: (x) the Grantee uses for profit or discloses to unauthorized persons,
confidential information or trade secrets of the Company or any of its Subsidiaries, (y) the Grantee breaches any contract with or violates any fiduciary obligation to the Company or any of its Subsidiaries, or (z) the Grantee engages in unlawful
trading in the securities of the Company or any of its Subsidiaries or of another company based on information gained as a result of that Grantee’s employment with, or status as a director to, the Company or any of its Subsidiaries. 

 
 7. Issuance of Shares. 
  
 The issuance of Shares to the Grantee (or, if applicable, the Grantee’s
estate) with respect to vested Stock Units shall be made on the later of the vesting date or the first date that such Shares may be issued to the Grantee (or, if applicable, the Grantee’s estate) without resulting in the disallowance of a
deduction by the Company with respect to the Grantee under Section 162(m) of the Code and the regulations thereunder. 
  
 8. Execution of Award Agreement. 
  
 The Stock Units and Dividend Equivalent Rights granted to the Grantee pursuant to the Award shall be subject to the Grantee’s execution and return of
this Agreement to the Company or its designee (including by electronic means, if so provided) no later than the earlier of (i)
                    , 20     and (ii) the date that is immediately prior to the date that the Stock Units vest
pursuant to Section 4 or 5 hereof (the “Grantee Return Date”); provided that if the Grantee dies before the Grantee Return Date, this requirement shall be deemed to be satisfied if the executor or administrator of the Grantee’s
estate executes and returns this Agreement to the Company or its designee no later than ninety (90) days following the Grantee’s death (the “Executor Return Date”). If this Agreement is not so executed and returned on or prior
to the Grantee Return Date or the Executor Return Date, as 

  

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applicable, the Stock Units and Dividend Equivalent Rights evidenced by this Agreement shall be forfeited, and neither the Grantee nor the Grantee’s
heirs, executors, administrators and successors shall have any rights with respect thereto. 
  
 9. No Right to Continued Employment. 
  
 Nothing in this Agreement or the Plan shall interfere with or limit in any way the right of the Company or its Subsidiaries to terminate the Grantee’s employment, nor confer upon the Grantee any right to
continuance of employment by the Company or any of its Subsidiaries or continuance of service as a Board member. 
  
 10. Withholding of Taxes. 
  
 Prior to the delivery to the Grantee (or the Grantee’s estate, if applicable) of Shares pursuant to Sections 1 and 7 hereof, the Grantee (or the
Grantee’s estate) shall pay to the Company the federal, state and local income taxes and other amounts as may be required by law to be withheld by the Company (the “Withholding Taxes”) with respect to such Shares. By executing
and returning this Agreement in the manner provided in Section 8 hereof, the Grantee (or the Grantee’s estate) shall be deemed to elect to have the Company withhold a portion of such Shares having an aggregate Fair Market Value equal to the
Withholding Taxes in satisfaction of the Withholding Taxes, such election to continue in effect until the Grantee (or the Grantee’s estate) notifies the Company before such delivery that the Grantee (or the Grantee’s estate) shall satisfy
such obligation in cash, in which event the Company shall not withhold a portion of such Shares as otherwise provided in this Section 10. 
  
 11. Grantee Bound by the Plan. 
  
 The Grantee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
  
 12. Modification of Agreement. 
  
 This Agreement may be modified, amended, suspended or terminated, and any
terms or conditions may be waived, but only by a written instrument executed by the parties hereto. 
  
 13. Severability. 
  
 Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable or invalid for any reason, the remaining
provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance with their terms. 
  
 14. Governing Law. 
  
 The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Ohio without giving effect to
the conflicts of laws principles thereof. 
  
 15. Successors in
Interest. 
  
 This Agreement shall inure to the benefit of
and be binding upon any successor to the Company. This Agreement shall inure to the benefit of the Grantee’s legal representatives. All obligations imposed upon the Grantee and all rights granted to the Company under this Agreement shall be
binding upon the Grantee’s heirs, executors, administrators and successors. 
  

 3 

 16. Resolution of Disputes. 
  
 Any dispute or disagreement which may arise under, or as a result of, or in any way relate to, the interpretation,
construction or application of this Agreement shall be determined by the Committee. Any determination made hereunder shall be final, binding and conclusive on the Grantee, the Grantee’s heirs, executors, administrators and successors, and the
Company and its Subsidiaries for all purposes. 
  
 17. Entire
Agreement. 
  
 This Agreement and the terms and conditions of
the Plan constitute the entire understanding between the Grantee and the Company and its Subsidiaries, and supersede all other agreements, whether written or oral, with respect to the Award. 
  
 18. Headings. 
  
 The headings of this Agreement are inserted for convenience only and do not
constitute a part of this Agreement. 
  
 19. Counterparts.

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

			
	 WENDY’S INTERNATIONAL, INC.

		
	 By:
	 	  

	
	 GRANTEE

	  

  

 4

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