Document:

Exhibit 10.1 Notice of Grant of Stock Options

    
      

    

    
      	
              Notice
                of Grant of Stock Options

              and
                Option Agreement

            	
              AVX
                Corporation

              ID:
                33-0379007

              801
                17th Avenue South

              Myrtle
                Beach, SC 29577

            

    

     

    
      

    

    
      	
              [Optionee]

            	
              Option
                Number:

            
	
              [Mailing
                Address]

            	
              Plan:

            
	 	
              ID:

            

    

     

    
      
        

      

    

    Effective
      [    ], you have been granted a(n) [Incentive]
      Stock Option
      to buy [    ] shares of AVX Corporation (the Company)
      stock
      at $[    ] per share.

    

    

    The
      total
      option price of the shares granted is $[    ].

    

    

    Shares
      in
      each period will become fully vested on the date shown.

     

    

      
        	
                Shares

              	 	
                Vest
                  Type

              	 	
                Full
                  Vest

              	 	
                Expiration

              
	 	 	 	 	 	 	 

      

       

       

       

       

       

       

       

       

      
        
          

        

      

    

    

    By
      your
      signature and the Company's signature below, you and the Company agree that
      these options are granted under and governed by the terms and conditions of
      the
      Company's stock option plan referred to above, which is attached and made a
      part
      of this document.

     

    
      
        

      

    

    
      	 	 	 
	
              AVX
                Corporation  

            	 	
              Date

            

    

     

    

      
        	 	 	 
	
                Employee

              	 	
                DateExhibit 10-02 Amended Employment Agreement - Avery

    Exhibit
      10.02

     

    Paul
      E.
      Avery

    OUTBACK
      STEAKHOUSE, INC.

    Amendment
      To Officer Employment Agreement

    

    THIS
      AMENDMENT TO OFFICER EMPLOYMENT AGREEMENT (“Amendment”) is entered into by and
      among OS
      RESTAURANT SERVICES, INC., a Delaware corporation (the “Employer”), OUTBACK
      STEAKHOUSE, INC., a Delaware corporation (the “Company”), and PAUL E. AVERY (the
“Employee”) executed this 7th day of July, 2005, to be effective for all
      purposes as of March 8, 2005.

    

    WHEREAS,
      Employer employed Employee and leased Employee to the Company as President
      of
      the Company pursuant to that certain Officer Employment Agreement January 1,
      2004 (the “Employment Agreement”); and 

    

    WHEREAS,
      the parties hereto desire to enter into this Amendment in order to change the
      Employment Agreement to reflect that the Company has promoted the Employee
      to
      Chief Operating Officer of the Company.

    

    NOW,
      THEREFORE, intending to be legally bound, for good consideration, receipt of
      which is acknowledged, the parties hereby agree as follows:

    

    1.  Recitals.
      The
      parties acknowledge and agree that the above recitals are true and correct
      and
      incorporated herein by reference.

     

         
      2.  Change
      of Employee’s Title. The
      parties acknowledge and agree that all references in the Employment Agreement
      to
      the Employee being employed as President of the Company are hereby amended
      to
      state that the Employee is employed as Chief Operating Officer of the Company
      effective March 8, 2005.

    

    3.  Ratification.
      All
      other terms of the Employment Agreement as amended hereby are hereby ratified
      and confirmed by each party. 

    

    IN
      WITNESS WHEREOF, the parties have executed this Amendment effective as set
      forth
      above.

     

    
      
        
          
            	 	
                     

                  	 “EMPLOYER”
	 	
                  	
                  	
                  	
                  
	 Attest:	OS
                    RESTAURANT SERVICES, INC., a Delaware corporation	 
	 	
                     

                  	 	
                     

                  	 
	 By:	 /s/
                    Joseph J. Kadow	 By:	
                     /s/
                      A. William Allen, III    

                  	 
	 	
                    Joseph
                      J. Kadow, Secretary

                  	
                  	A.
                    William Allen, III, Chief Executive Officer	
                  
	 	
                     

                  	 	 	 
	 	
                  	 “COMPANY”	
                  
	 	
                     

                  	 	 	 
	 Attest:	
                    OUTBACK
                      STEAKHOUSE, INC., a Delaware corporation

                  	
                  
	 	 	 	 	 
	By: 	 /s/
                    Joseph J. Kadow	By: 	
                     /s/
                      A. William Allen, III

                  	 
	 	Joseph
                    J. Kadow, Secretary	 	A.
                    William Allen, III, Chief Executive Officer	
                  

          

           

          
            	 WITNESSES:	 “EMPLOYEE”	 
	 	 	 	 
	 	 	 	 
	 /s/
                    Kelly
                    B. Lefferts	 	 /s/
                    Paul
                    E. Avery	 
	 	 	PAUL
                    E. AVERYExhibit 10-05 Merritt Consulting Arrangement

     

    Exhibit
      10.05

     

    On
      June
      17, 2005, the Company entered into a temporary verbal consulting arrangement
      with Robert S. Merritt, the Company’s former Chief Financial
      Officer.

     

    The
      following outlines the verbal arrangement: (1) the verbal agreement may be
      terminated by either party at any time; (2) Mr. Merritt will receive a monthly
      consulting fee of $50,000; and (3) the term of the verbal arrangement will
      continue through the hiring and orientation of a permanent
      CFO.Exhibit 10-06 Restricted Stock Agreement - Partner Form

     

    Exhibit
      10.06

    RESTRICTED
      STOCK AGREEMENT

     

         
      THIS
      RESTRICTED STOCK AGREEMENT
      (the
“Agreement”) is made and entered into effective __________, by and between
      OS RESTAURANT SERVICES, INC., a Delaware corporation (“OSRS”), OUTBACK
      STEAKHOUSE, INC., a Delaware corporation (the “Company”), and ___________,
      SSN ______________ (“Grantee”), under the following
      circumstances:

    

    WHEREAS,
      OSRS is
      an affiliate of the Company; and

    

    WHEREAS,
      Grantee
      is employed by OSRS or its affiliate in the position of __________ and, as
      a
      matter of separate inducement and agreement in connection with Grantee's
      employment, and not in lieu of any salary or other compensation for Grantee’s
      services, OSRS and the Company desire to enter into this Agreement with Grantee;
      and

    

    WHEREAS,
      OSRS
      and the Company consider it to be in their best interests to provide Grantee
      an
      inducement to acquire an ownership interest in the Company and thereby an
      additional incentive to advance the interests of the Company and
      OSRS.

    

    NOW,
      THEREFORE,
      intending to be legally bound, in consideration of the mutual covenants
      contained herein, and other good and valuable consideration, the receipt and
      sufficiency of which are hereby acknowledged, the parties agree as
      follows:

    

    Section
      1. Grant.
      The
      Company hereby grants to Grantee _________
      (_____) shares of
      the
      Company’s Common Stock, $0.01 par value (the “Restricted Stock”). The Restricted
      Stock has been granted pursuant to the Outback Steakhouse, Inc. 2005 Amended
      and
      Restated Managing Partner Stock Plan (the “Plan”) and is subject to all
      provisions of the Plan, which are hereby incorporated herein by reference,
      and
      to the following provisions of this Agreement (capitalized terms not defined
      herein are used as defined in the Plan):

    

    Section
      2. Vesting.
      The
      Restricted Stock will vest on ________
      (five
      years from effective date) (the “Vesting Date”).

    

    Section
      3. Purchase
      Price.
      Grantee’s payment for the Restricted Stock is hereby deemed to be prior services
      rendered on behalf of the Company and OSRS. The Restricted Stock will be issued
      in uncertificated form. The Restricted Stock will be recorded in the name of
      the
      Grantee in the books and records of the Company’s transfer agent. Upon vesting
      and Grantee’s compliance with Section
      8
      hereof,
      the Company shall cause a certificate for the Restricted Stock to be issued
      to
      Grantee.

    

    Section
      4. Transferability.
      The
      Restricted Stock cannot be transferred or encumbered in any manner prior to
      vesting except by will or the laws of descent and distribution. The transferee
      of any Restricted Stock will be subject to all restrictions, terms, and
      conditions applicable to the Restricted Stock.

    

    Section
      5. Termination
      of Employment.
      If the
      Grantee’s employment as a _________
      by
      the
      Company or any subsidiary or affiliate terminates prior to the Vesting Date,
      the
      Restricted Stock will vest or be forfeited as follows:

    

    (a) Termination
      by Death or Disability.
      If the
      Grantee's employment as a __________
      with the
      Company or any subsidiary or affiliate terminates by reason of death or
      disability (as defined in Grantee’s employment agreement), a portion of the
      Restricted Stock shall vest and any restrictions thereon shall lapse based
      on
      the following formula:

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    The
      number of vested shares in the event of termination of employment due to death
      or disability shall equal the number of shares of Restricted Stock granted
      hereby multiplied by the Service Factor. The Service Factor shall be a fraction
      whose numerator is the number of full months Grantee was employed by the Company
      or any subsidiary or affiliate as a ____________
      (based
      on a 30 day month/360 day year) from the grant date to the date of death or
      disability, and whose denominator is 60.

    

    The
      remaining shares of Restricted Stock will be forfeited.

    

    (b) Other
      Termination.
      Unless
      otherwise determined by the Committee after the time of granting the Restricted
      Stock, if the Grantee's employment as a ________________
      with the
      Company or any subsidiary or affiliate terminates for any reason other than
      death or disability, any shares of Restricted Stock which are unvested or
      subject to restrictions at the time of termination will be forfeited upon
      termination.

    

    Section
      6. Shareholder
      Rights and Restrictions.
      Except
      with regard to the disposition or encumbrance of Restricted Stock, the Grantee
      will generally have all rights of a shareholder with respect to the Restricted
      Stock from the date of grant, including, without limitation, the right to
      receive dividends with respect to such Restricted Stock and the right to vote
      such Restricted Stock, subject to any restrictions in this Agreement or in
      the
      Plan.

    

    Section
      7. Dividends.
      All
      dividends payable on the Restricted Stock (whether or not vested) will be
      payable in cash.

         
      

         
      Section 8. Taxes.
      Regardless of any action the Company takes with respect to any or all income
      tax, social insurance, payroll tax, payment on account or other tax-related
      withholding (“Tax-Related Items”), the Grantee acknowledges that the ultimate
      liability for all Tax-Related Items is and remains the Grantee’s responsibility
      and that the Company (1) makes no representations or undertakings regarding
      the treatment of any Tax-Related Items in connection with any aspect of the
      grant, including the grant or lapse of the restrictions on the shares, the
      subsequent sale of shares and the receipt of any dividends; and (2) does
      not commit to structure the terms of the grant or any aspect of the grant to
      reduce or eliminate your liability for Tax-Related Items. 

    

         The
      Grantee shall pay or make adequate arrangements satisfactory to the Company
      to
      satisfy all withholding and payment on account obligations of the Company.
      If
      the Grantee does not make such payment to or arrangements with the Company,
      the
      Company shall have the right to withhold from any payment of any kind otherwise
      due to the Grantee from the Company, any federal, state or local taxes of any
      kind required by law to be withheld with respect to the award or vesting of
      the
      Restricted Stock. Alternatively, or in addition, if permissible under local
      law,
      the Company may (a) sell or arrange for the sale of the Restricted Stock to
      meet
      the withholding obligation for Tax-Related Items, and/or (b) withhold such
      amount in shares of Restricted Stock, provided that the Company only withholds
      the amount of Restricted Stock necessary to satisfy the minimum withholding
      amount. Finally, the Grantee shall pay to the Company any amount of Tax-Related
      Items that the Company may be required to withhold as a result of the Grantee’s
      receipt of Restricted Stock that cannot be satisfied by the means previously
      described. The Company may refuse to honor the exercise and refuse to deliver
      the Restricted Stock if the Grantee fails to comply with the Grantee’s
      obligations in connection with the Tax-Related Items as described in this
      section.

    

    For
      purposes of Internal Revenue Code Section 83, the Grantee’s receipt of
      Restricted Stock may be deemed a transfer in connection with the performance
      of
      services. Because of the restrictions on transfer and vesting requirements,
      the
      Grantee will recognize taxable income in the tax year in which the
      Restricted

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

      Stock
        vests. The amount of taxable income is the fair market value of the Restricted
        Stock at
        the time the Restricted Stock vests.
         As
        an
        alternative, an election is available under Internal Revenue Code Section
        83(b)
        to include the excess amount in taxable income for the year of the grant.
        If
        a Section 83(b) election were made, the Company would report the value of
        the
        Restricted Stock to the Internal Revenue Service and will include the excess
        amount on your W-2 for the year of grant.  IN
        CONSIDERATION OF THE GRANTEE’S EMPLOYMENT AND THE ISSUANCE OF THE RESTRICTED
        STOCK TO THE GRANTEE, THE GRANTEE AGREES NOT TO MAKE A SECTION 83(b) ELECTION
        WITH RESPECT TO THE RESTRICTED STOCK.

    

    

    Section
      9. Subject
      to the Plan.
      This
      Agreement is made and the Restricted Stock evidenced hereby are granted under
      and pursuant to, and they are expressly made subject to all of the terms and
      conditions of, the Plan, notwithstanding anything herein to the contrary. The
      Grantee hereby acknowledges receipt of a copy of the Plan and that the Grantee
      has read and understands the terms and conditions of the Plan.

    

    Section
      10. Securities
      Law Compliance.

    

    (a) The
      Grantee agrees that the Company may impose such restrictions on the Restricted
      Stock as are deemed advisable by the Company, including, without limitation,
      restrictions relating to listing or trading requirements. The Grantee further
      agrees that certificates representing the Restricted Stock may bear such legends
      and statements as the Company shall deem appropriate or advisable to assure,
      among other things, compliance with applicable securities laws, rules, and
      regulations.

    

    (b) The
      Grantee agrees that any Restricted Stock which the Grantee may acquire by virtue
      of this Agreement may not be transferred, sold, assigned, pledged, hypothecated
      or otherwise disposed of by the Grantee unless (i) a registration statement
      or
      post-effective amendment to a registration statement under the Securities Act
      of
      1933, as amended, with respect to such Restricted Stock has become effective
      so
      as to permit the sale or other disposition of such Restricted Stock by the
      Grantee, or (ii) there is presented to the Company an opinion of counsel
      satisfactory to the Company to the effect that the sale or other proposed
      disposition of such Restricted Stock by the Grantee may lawfully be made
      otherwise than pursuant to an effective registration statement or post-effective
      amendment to a registration statement relating to such Restricted Stock under
      the Securities Act of 1933, as amended.

    

    Section
      11. Rights
      of the Grantee.
      The
      granting of the Restricted Stock shall in and of itself not confer any right
      of
      the Grantee to continue in the employ of the Company, any subsidiary or
      affiliate and shall not interfere in any way with the right of the Company,
      any
      subsidiary or affiliate to terminate the Grantee's employment at any time,
      subject to the terms of any employment agreement between the Company and the
      Grantee.

    

    Section
      12. Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Florida, except to the extent otherwise governed by Federal
      law.

    

    Section
      13 Right
      to Withhold Amounts Owed to the Company.
      The
      Company shall have the right to condition the vesting of any shares of
      Restricted Stock on the Grantee’s payment of all amounts then due and owing to
      the Company or any subsidiary or affiliate.

    
      
        
           

        

        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the parties have subscribed their names hereto.

     

    
      
        
          
            
              	 	
                       

                    	 “OSRS”
	 	
                    	
                    	
                    	
                    
	 Attest:	 OS
                      RESTAURANT SERVICES, INC.,	 
	 	 	 a Delaware
                      corporation	 
	 	
                       

                    	 	
                       

                    	 
	 By:	 	 By:	
                       

                    	 
	 	
                      JOSEPH
                        J. KADOW, Secretary

                    	
                    	PAUL
                      E. AVERY, Chief Operating Officer	
                    
	 	
                       

                    	 	 	 
	 	
                    	 “COMPANY”	
                    
	 	
                       

                    	 	 	 
	 Attest:	
                      OUTBACK
                        STEAKHOUSE, INC.,

                    	
                    
	 	 	 a Delaware
                      corporation	 
	 	 	 	 	 
	By: 	 	By: 	
                       

                    	 
	 	JOSEPH
                      J. KADOW, Secretary	 	PAUL
                      E. AVERY, Chief Operating Officer	
                    

            

             

          

        

      

    

     

     

     

     

    
      
        
          
             

          

        

        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    DATE
      OF
      GRANT: ____________________

    

    

    ACCEPTANCE
      OF AGREEMENT

    

    The
      Grantee hereby:

    

    (a) Acknowledges
      that he/she has received a copy of the Plan and a copy of the Company’s most
      recent Annual Report and other communications routinely distributed to the
      Company’s shareholders;

    

    (b) Accepts
      this Agreement and the Restricted Stock granted to him/her under this Agreement
      subject to all provisions of the Plan and this Agreement;

    

    (c) Represents
      and warrants to the Company that he/she is acquiring the Restricted Stock for
      his/her own account, for investment, and not with a view to or any present
      intention of selling or distributing the Restricted Stock either now or at
      any
      specific or determinable future time or period or upon the occurrence or
      nonoccurrence of any predetermined or reasonably foreseeable event;
      and

    

    (d) Agrees
      that no transfer of the Restricted Stock will be made unless the Restricted
      Stock have been duly registered under all applicable Federal and state
      securities laws pursuant to a then effective registration which contemplates
      the
      proposed transfer or unless the Company has received the written opinion of,
      or
      satisfactory to, its legal counsel that the proposed transfer is exempt from
      such registration.

    

    Grantee’s
      Signature:

    

    __________________________________________

    _______________________

    

    Grantee’s
      Social Security Number: __________

    

     

     

    5

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