Document:

Exhibit 10.14

 

Joyce

 

Restricted Stock Award

 

(The Joint Corp. 2014 Incentive Stock Plan)

 

Subject to the following Terms of Award,
The Joint Corp., a Delaware corporation (the Company), hereby grants to Francis T. Joyce, an executive of the Company (the
Executive), 95,000 restricted shares of the Company’s Common Stock, par value $.001 per share (the Restricted Shares)
as of December 16, 2014 (the Grant Date).

 

Terms of Award

 

1.        Plan
and Employment Agreement

 

This Award has been granted under The Joint
Corp. 2014 Incentive Stock Plan (the Plan) and pursuant to Section 3 of the Employment Agreement dated as of December 12,
2014 that the Executive has entered into with the Company (the Employment Agreement).

 

The Plan and Employment Agreement are incorporated
in this Award by reference. Capitalized terms used in this Award without being defined have the same meanings that they have in
the Plan or the Employment Agreement, as applicable.

 

2.        Vesting

 

Subject to Paragraph 3, the Restricted Shares
shall vest in 48 monthly installments of 1,987 Restricted Shares for the first monthly installment and 1,979 Restricted Shares
each for the next 47 monthly installments, with the monthly installments beginning on the Grant Date and continuing on the first
day of the month for the next 47 months.

 

3.        Voluntary
and Involuntary Terminations

 

Notwithstanding anything to
the contrary in Paragraph 2:

 

(a)          in
the event of a voluntary termination for any reason other than the Executive’s death or disability, the Executive’s
rights in respect of and interest in all unvested Restricted Shares as of the date of the voluntary termination shall lapse and
those shares shall be canceled;

 

(b)          in
the event of a voluntary termination by reason of the Executive’s death or disability, all of the unvested Restricted Shares
as of the date of the voluntary termination shall vest on such date;

 

(c)          in
the event of an involuntary termination other than for Cause (as defined in the Employment Agreement), and subject to the Executive’s
entering into a separation agreement and release with the Company as described in Section 7(f) of the Employment Agreement, one-half
of the unvested Restricted Shares as of the date of the involuntary termination shall vest on such date, and the Executive’s
rights in respect of and interest in the remaining unvested Restricted Shares shall lapse and those shares shall be canceled, in
accordance with Section 7 of the Employment Agreement;

 

     

     

    

 

(d)          in
the event of an involuntary termination for Cause, the Executive’s rights in respect of and interest in all unvested Restricted
Shares as of the date of the involuntary termination shall lapse and those shares shall be canceled, in accordance with Section
7 of the Employment Agreement; and

 

(e)          if
the Company terminates the Executive’s employment following the occurrence of a Change in Control as provided in Section
7(d) of the Employment Agreement, and subject to the Executive’s entering into a separation agreement and release with the
Company as described in Section 7(f) of the Employment Agreement (if required by the Company), all unvested Restricted Shares as
of date of such termination or entitlement shall vest on such date.

 

4.        Other
Agreements

 

Prior to granting this Award, the Executive
became a party to and bound by the Confidentiality, Non-Interference and Non-Competition Agreement (the Confidentiality Agreement).
The Company would not have granted the Option to the Executive had not the Executive entered into the Confidentiality Agreement.

 

5.        Stock
Certificates

 

The Company shall be the custodian for all
shares of Restricted Stock. Reasonably promptly following the Executive’s written request after any unvested Restricted Shares
have become vested, the Company shall issue and deliver to the Executive a stock certificate in the Executive’s name representing
those vested Restricted Shares on the Company’s stock records.

 

6.        Voting
and Distributions

 

The Executive shall have the right to vote
all vested Restricted Shares, and shall be entitled to all dividends and distributions in respect of vested Restricted Shares,
in either case regardless of whether a stock certificate representing those shares has been issued to the Executive.

 

The Executive shall not have the right to
vote any unvested Restricted Shares. All dividends and distributions in respect of unvested Restricted Shares (for example, shares
of the Company’s Common Stock issued by reason of a stock split, reverse stock split or stock dividend) shall be treated
as additional unvested Restricted Shares subject to the terms of this Award.

 

7.        Tax
Liability

 

Unless the Executive has made a timely election
under section 83(b) of the Code to be taxed as of the Grant Date rather than as the Restricted Shares become vested, the Company
shall have the right, upon the vesting of any Restricted Shares, to deduct or withhold, or require the Executive to remit to the
Company, an amount sufficient to satisfy the federal, state, local and other taxes (including the Participant’s FICA obligation)
that the Company is required to withhold by reason of such vesting. The Company may permit the Executive to satisfy this withholding
obligation by any of the methods described in Section 14(b) of the Plan.

 

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8.        Transferability

 

This Award may not be transferred, assigned
or pledged (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process.

 

9.        Interpretation

 

This Award is subject to the terms of the
Plan, as the Plan may be amended (but except as required by applicable law, no amendment of the Plan after the Grant Date shall
adversely affect the Executive’s rights in respect of the Award without the Executive’s consent).

 

If there is a conflict or inconsistency
between this Award and the Plan, the terms of the Plan shall control. The Administrator’s interpretation of this Award and
the Plan shall be final and binding.

 

10.      No
Employment Rights

 

Nothing in this Award shall be considered
to confer on the Executive any right to continue in the employ of the Company or to limit the Company’s right to terminate
the Executive’s employment.

 

11.      Governing
Law

 

This Award shall be governed in accordance
with the laws of the State of Arizona.

 

12.      Binding
Effect

 

This Award shall be binding on the Company
and the Executive and on the Company’s successors and the Executive’s heirs and legal representatives.

 

13.      Effective
Date. This Award shall not become effective until the Executive’s acceptance of this Award. Upon such acceptance, this
Award shall become effective as of the Grant Date without the necessity of further action by either the Company or the Executive.

 

[Signatures appear on the following page.]

 

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	 	The Joint Corp.
	 	 	 
	 	By	/s/ John B. Richards
	 	 	John B. Richards
	 	 	Chief Executive Officer

 

Acceptance by Executive

 

I accept this Restricted Stock Award and
agree to be bound by all of its terms. I acknowledge receipt of copies of The Joint Corp. 2014 Incentive Stock Plan.

 

	 	/s/ Francis T. Joyce
	 	Francis T. Joyce

 

    	 	4Exhibit

Exhibit 4.1
SEVENTH SUPPLEMENTAL INDENTURE
SEVENTH SUPPLEMENTAL INDENTURE (this “Seventh Supplemental Indenture”), dated as of September 28, 2015, among T-Mobile Leasing LLC (the “Guaranteeing Subsidiary”) (or its permitted successor), T-Mobile USA, Inc., as successor to MetroPCS Wireless Inc. (in such successor capacity, the “Company” pursuant to Section 5.01 of the Indenture referred to herein), the other Guarantors (as defined in the Indenture referred to herein) and Deutsche Bank National Trust Company, as trustee under the Indenture referred to herein (the “Trustee”).
W I T N E S S E T H
WHEREAS, the Company has heretofore executed and delivered to the Trustee an Indenture, dated as of March 19, 2013 (the “Base Indenture”);
WHEREAS, the Company has heretofore executed and delivered to the Trustee a First Supplemental Indenture, dated as of March 19, 2013 (the “First Supplemental Indenture”), providing for the issuance of the Company’s 6.250% Senior Notes due 2021 (the “2021 Notes”);
WHEREAS, the Company has heretofore executed and delivered to the Trustee a Second Supplemental Indenture, dated as of March 19, 2013 (the “Second Supplemental Indenture”), providing for the issuance of the Company’s 6.625% Senior Notes due 2023 (together with the 2021 Notes, the “Notes”);
WHEREAS, the Company has heretofore executed and delivered to the Trustee a Third Supplemental Indenture, dated as of April 29, 2013 (the “Third Supplemental Indenture”);
WHEREAS, the Company has heretofore executed and delivered to the Trustee a Fourth Supplemental Indenture, dated as of May 1, 2013 (the “Fourth Supplemental Indenture”); 
WHEREAS, the Company has heretofore executed and delivered to the Trustee a Fifth Supplemental Indenture, dated as of July 15, 2013 (the “Fifth Supplemental Indenture”); 
WHEREAS, the Company has heretofore executed and delivered to the Trustee a Sixth Supplemental Indenture, dated as of August 11, 2014 (the “Sixth Supplemental Indenture”; the Base Indenture, as amended and supplemented by the First Supplemental Indenture, the Second Supplemental Indenture, the Third Supplemental Indenture, the Fourth Supplemental Indenture, the Fifth Supplemental Indenture, and the Sixth Supplemental Indenture, the “Indenture”);
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s obligations under the Notes and the Indenture with respect to the Notes on the terms and conditions set forth herein; and
WHEREAS, pursuant to Section 9.01 of the Base Indenture, the Trustee is authorized to execute and deliver this Seventh Supplemental Indenture.

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the Trustee, intending to be legally bound, mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1.    CAPITALIZED TERMS.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2.    AGREEMENT TO GUARANTEE.  The Guaranteeing Subsidiary hereby agrees to provide an unconditional guarantee of the Notes on the terms and subject to the conditions set forth herein and in the Indenture including but not limited to Article X of the Base Indenture, as heretofore amended and supplemented.
3.    NO RECOURSE AGAINST OTHERS.  No past, present or future director, officer, member, manager, partner, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture or this Seventh Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.  Each Holder of the Notes by accepting a Note waives and releases all such liability.  The waiver and release are part of the consideration for issuance of the Notes.
4.    THIS SEVENTH SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.
5.    COUNTERPARTS.  This Seventh Supplemental Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed will be deemed to be an original and all of which taken together will constitute one and the same agreement.  The exchange of copies of this Seventh Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Seventh Supplemental Indenture as to the parties hereto and may be used in lieu of the original Seventh Supplemental Indenture for all purposes.  Signatures of the parties hereto transmitted by facsimile or PDF transmission shall be deemed to be their original signatures for all purposes.
6.    EFFECT OF HEADINGS.  The Section headings herein are for convenience only and shall not affect the construction hereof.
7.    THE TRUSTEE.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Seventh Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Company.
[Signatures on following page]

2

IN WITNESS WHEREOF, the parties hereto have caused this Seventh Supplemental Indenture to be duly executed and attested, all as of the date first above written.

	
				
	 
	T-MOBILE LEASING LLC

	 
	 
	 
	 

	 
	BY:
	/s/ J. Braxton Carter

	 
	 
	Name:
	J. Braxton Carter

	 
	 
	Title:
	Executive Vice President and

	 
	 
	 
	Chief Financial Officer

	
				
	 
	T-MOBILE USA, INC.

	 
	 
	 
	 

	 
	BY:                                                                                    
	/s/ J. Braxton Carter

	 
	 
	Name:
	J. Braxton Carter

	 
	 
	Title:
	Executive Vice President and

	 
	 
	 
	Chief Financial Officer

	
				
	 
	T-MOBILE US, INC.

	 
	 
	 
	 

	 
	BY:                                                                                    
	/s/ J. Braxton Carter

	 
	 
	Name:
	J. Braxton Carter

	 
	 
	Title:
	Executive Vice President and

	 
	 
	 
	Chief Financial Officer

[Seventh Supplemental Indenture to Indenture dated as of March 19, 2013]

	
		
	 
	IBSV LLC

	 
	METROPCS CALIFORNIA, LLC

	 
	METROPCS FLORIDA, LLC

	 
	METROPCS GEORGIA, LLC

	 
	METROPCS MASSACHUSETTS, LLC

	 
	METROPCS MICHIGAN, LLC

	 
	METROPCS NETWORKS CALIFORNIA, LLC

	 
	METROPCS NETWORKS FLORIDA, LLC

	 
	METROPCS NEVADA, LLC

	 
	METROPCS NEW YORK, LLC

	 
	METROPCS PENNSYLVANIA,LLC

	 
	METROPCS TEXAS, LLC

	 
	POWERTEL MEMPHIS LICENSES, INC.

	 
	POWERTEL/MEMPHIS, INC.

	 
	SUNCOM WIRELESS HOLDINGS, INC.

	 
	SUNCOM WIRELESS INVESTMENT COMPANY, LLC

	 
	SUNCOM WIRELESS LICENSE COMPANY, LLC

	 
	SUNCOM WIRELESS MANAGEMENT COMPANY, INC.

	 
	SUNCOM WIRELESS OPERATING COMPANY, L.L.C.

	 
	SUNCOM WIRELESS PROPERTY COMPANY, L.L.C.

	 
	SUNCOM WIRELESS, INC.

	 
	T-MOBILE CENTRAL LLC

	 
	T-MOBILE FINANCIAL LLC

	 
	T-MOBILE LICENSE LLC

	 
	T-MOBILE NORTHEAST LLC

	 
	T-MOBILE PCS HOLDINGS LLC

	 
	T-MOBILE PUERTO RICO HOLDINGS LLC

	 
	T-MOBILE PUERTO RICO LLC

	 
	T-MOBILE RESOURCES CORPORATION

	 
	T-MOBILE SOUTH LLC

	 
	T-MOBILE SUBSIDIARY IV CORPORATION

	 
	T-MOBILE WEST LLC

	 
	TRITON PCS FINANCE COMPANY, INC.

	 
	TRITON PCS HOLDINGS COMPANY L.L.C.

	 
	VOICESTREAM PCS I IOWA CORPORATION

	 
	VOICESTREAM PITTSBURGH GENERAL PARTNER, INC.

	 
	VOICESTREAM PITTSBURGH, L.P.

	
				
	 
	BY:                                                                                    
	/s/ J. Braxton Carter

	 
	 
	Name:
	J. Braxton Carter

	 
	 
	Title:
	Executive Vice President and

	 
	 
	 
	Chief Financial Officer

[Seventh Supplemental Indenture to Indenture dated as of March 19, 2013]

	
			
	 
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Trustee

	 
	 
	 

	 
	BY:                                                                                    
	/s/ Carol Ng

	 
	 
	Authorized Signatory

	 
	 
	 

	 
	BY:                                                                                    
	/s/ Deirdra N. Ross

	 
	 
	Authorized Signatory

[Seventh Supplemental Indenture to Indenture dated as of March 19, 2013]

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