Document:

Exhibit 10.1

 

DIRECTOR
AGREEMENT

 

This
DIRECTOR AGREEMENT is made as of January 4, 2016 (the “Agreement”), by and between Sports Field Holdings, Inc.,
a Nevada corporation (the “Company”), and Glenn Tilley, an individual with an address at ______________________________
(the “Director”).

 

WHEREAS,
the Company appointed the Director on January 4, 2016 and desires to enter into an agreement with the Director with respect
to such appointment; and

 

WHEREAS,
the Director is willing to accept such appointment and to serve the Company on the terms set forth herein and in accordance with
the provisions of this Agreement.

 

NOW,
THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows:

 

1.           Position. Subject to the terms and provisions of this Agreement, the Company shall cause the Director to be appointed,
and the Director hereby agrees to serve the Company in such position, upon the terms and conditions hereinafter set forth, provided,
however, that the Director’s continued service on the Board of Directors of the Company (the “Board”)
after the next annual stockholders’ meeting shall be subject to approval by a majority of the Company’s stockholders.

 

2.           Duties.
(a) During the Directorship Term (as defined herein), the Director shall make reasonable business efforts to attend all Board
meetings, serve on appropriate subcommittees as reasonably requested by the Board, make herself available to the Company at mutually
convenient times and places, attend external meetings and presentations, as appropriate and convenient, and perform such duties,
services and responsibilities, and have the authority commensurate to such position.

 

(b)              The
Director will use his best efforts to promote the interests of the Company. The Company recognizes that the Director (i) is
or may become a full-time executive employee of another entity and that his responsibilities to such entity must have
priority and (ii) sits or may sit on the board of directors of other entities. Notwithstanding the same, the Director will
use reasonable business efforts to coordinate his respective commitments so as to fulfill his obligations to the Company and,
in any event, will fulfill his legal obligations as a Director. Other than as set forth above, the Director will not, without
the prior notification to the Board, engage in any other business activity which could materially interfere with the
performance of his duties, services and responsibilities hereunder or which is in violation of the reasonable policies
established from time to time by the Company, provided that the foregoing shall in no way limit his activities on
behalf of (i) any current employer and its affiliates or (ii) the board of directors of any entities on which he currently
sits. At such time as the Board receives such notification, the Board may require the resignation of the Director if it
determines that such business activity does in fact materially interfere with the performance of the Director’s duties,
services and responsibilities hereunder.

 

    	 	 	 

     

    

 

3.          
Compensation.

 

(a)             
Stock Options. The Director shall receive, upon execution of this Agreement, through September 30, 2017, provided the Director
is continuing to serve as a director of the Company, a non-qualified stock option to purchase up to two hundred thousand (200,000)
shares of the Company’s common stock at an exercise price per share equal to $1.00. Such options shall be exercisable for
a period of five years from the date of granting. The options shall vest in equal amounts over a period of two (2) years at the
rate of twenty-five thousand (25,000) shares per fiscal quarter on the last day of each such quarter, commencing in the fourth
fiscal quarter of 2015. Notwithstanding the foregoing, if the Director ceases to be a member of the Board at any time during the
two (2) year vesting period for any reason (such as resignation, withdrawal, death, disability or any other reason), then any
un-vested options shall be irrefutably forfeited. Vested options shall remain exercisable for a period of five years after the
date of granting. Vested options shall remain the property of the Director even if the Director ceases to be a member of the Board
for any reason at any time after the two year vesting period. In the event of the Director’s death or incapacitation, Director’s
heirs and assigns shall have full rights to exercise the Director’s vested stock options during the period of five years
after the date of granting of such options.

 

(b)              Cash. The Director shall be paid One Thousand ($1,000) Dollars for each Board meeting that the Director attends in person (rather
than via telephone or other remote access).

 

(c)             
Independent Contractor. The Director’s status during the Directorship Term shall be that of an independent contractor and
not, for any purpose, that of an employee or agent with authority to bind the Company in any respect. All payments and other consideration
made or provided to the Director under this Section 3 shall be made or provided without withholding or deduction of any kind,
and the Director shall assume sole responsibility for discharging all tax or other obligations associated therewith.

 

(d)            
Expense Reimbursements. During the Directorship Term, the Company shall reimburse the Director for all reasonable out-of-pocket
expenses incurred by the Director in attending any in-person meetings, provided that the Director complies with the generally
applicable policies, practices and procedures of the Company for submission of expense reports, receipts or similar documentation
of such expenses. Any reimbursements for allocated expenses (as compared to out-of-pocket expenses of the Director) must be approved
in advance by the Company.

 

4.           Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on
the date hereof and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following
to occur:

 

(a)             
the death of the Director;

 

(b)              the termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director;

 

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(c)             
the removal of the Director from the Board by the majority stockholders of the Company; and

 

(d)              the resignation by the Director from the Board.

 

5.           Director’s Representation and Acknowledgment. The Director represents to the Company that his execution and performance
of this Agreement shall not be in violation of any agreement or obligation (whether or not written) that he may have with or to
any person or entity, including without limitation, any prior or current employer. The Director hereby acknowledges and agrees
that this Agreement (and any other agreement or obligation referred to herein) shall be an obligation solely of the Company, and
the Director shall have no recourse whatsoever against any officer, director, employee, stockholder, representative or agent of
the Company or any of their respective affiliates with regard to this Agreement.

 

6.           Director Covenants.

 

(a)              Unauthorized Disclosure. The Director agrees and understands that in the Director’s position with the Company, the Director
has been and will be exposed to and receive information relating to the confidential affairs of the Company, including, but not
limited to, technical information, business and marketing plans, strategies, customer information, other information concerning
the Company’s products, services, promotions, development, financing, expansion plans, business policies and practices,
and other forms of information considered by the Company to be confidential, and proprietary and in the nature of trade secrets.
The Director agrees that during the Directorship Term and thereafter, the Director will keep such information confidential and
will not disclose such information, either directly or indirectly, to any third person or entity without the prior written consent
of the Company; provided, however, that (i) the Director shall have no such obligation to the extent such information
is or becomes publicly known or generally known in the Company’s industry other than as a result of the Director’s
breach of his obligations hereunder and (ii) the Director may, after giving prior notice to the Company to the extent practicable
under the circumstances, disclose such information to the extent required by applicable laws or governmental regulations or judicial
or regulatory process. This confidentiality covenant has no temporal, geographical or territorial restriction. Upon termination
of the Directorship Term, the Director will promptly return to the Company and/or destroy at the Company’s direction all
property, keys, notes, memoranda, writings, lists, files, reports, customer lists, correspondence, tapes, disks, cards, surveys,
maps, logs, machines, technical data, other product or document, and any summary or compilation of the foregoing, in whatever
form, including, without limitation, in electronic form, which has been produced by, received by or otherwise submitted to the
Director in the course or otherwise as a result of the Director’s position with the Company during or prior to the Directorship
Term, provided that the Company shall retain such materials and make them available to the Director if requested by him
in connection with any litigation against the Director under circumstances in which (i) the Director demonstrates to the reasonable
satisfaction of the Company that the materials are necessary to his defense in the litigation and (ii) the confidentiality of
the materials is preserved to the reasonable satisfaction of the Company.

 

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(b)              Non-Solicitation. During the Directorship Term and for a period of three (3) years thereafter, the Director shall not interfere
with the Company’s relationship with, or endeavor to entice away from the Company, any person who, on the date of the termination
of the Directorship Term and/or at any time during the one year period prior to the termination of the Directorship Term, was
an employee or customer (including those reasonably expected to be a customer) of the Company or otherwise had a material business
relationship with the Company.

 

(c)              Remedies. The Director agrees that any breach of the terms of this Section 6 would result in irreparable injury and damage to
the Company for which the Company would have no adequate remedy at law. The Director therefore also agrees that in the event of
said breach or any threat of breach, the Company shall be entitled to an immediate injunction and restraining order to prevent
such breach and/or threatened breach and/or continued breach by the Director and/or any and all entities acting for and/or with
the Director, without having to prove damages or paying a bond, in addition to any other remedies to which the Company may be
entitled at law or in equity. The terms of this paragraph shall not prevent the Company from pursuing any other available remedies
for any breach or threatened breach hereof, including, but not limited to, the recovery of damages from the Director. The Director
acknowledges that the Company would not have entered into this Agreement had the Director not agreed to the provisions of this
Section 6.

 

(d)              The provisions of this Section 6 shall survive any termination of the Directorship Term, and the existence of any claim or cause
of action by the Director against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense
to the enforcement by the Company of the covenants and agreements of this Section 6.

 

7.           Indemnification.
The Company agrees to indemnify the Director for his activities as a member of the Board as set forth in the Director and Officer
Indemnification Agreement attached hereto as Exhibit A.

 

8.           Non-Waiver of Rights. The failure to enforce at any time the provisions of this Agreement or to require at any time performance
by the other party hereto of any of the provisions hereof shall in no way be construed to be a waiver of such provisions or to
affect either the validity of this Agreement or any part hereof, or the right of either party hereto to enforce each and every
provision in accordance with its terms. No waiver by either party hereto of any breach by the other party hereto of any provision
of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at that time
or at any prior or subsequent time.

 

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9.           Notices. Every notice relating to this Agreement shall be in writing and shall be given by personal delivery, overnight
delivery or by registered or certified mail, postage prepaid, return receipt requested; to:

 

If
to the Company:

 

Sports
Field Holdings, Inc.

4320
Winfield Road, Suite 200

Warrenville,
Illinois 60555

Attn:
Jeromy Olson

Telephone:
(978) 914-7570

 

with
a copy (which shall not constitute notice) to:

 

Lucosky
Brookman LLP

101
Wood Avenue South, 5th Floor

Woodbridge,
New Jersey 08830

Attn:
Joseph M. Lucosky, Esq.

Telephone:
(732) 395-4400

Facsimile:
(732) 395-4401

 

If
to the Director:

 

Glenn
Tilley

_____________________

_____________________

Telephone:
_______________

 

Either
of the parties hereto may change their address for purposes of notice hereunder by giving notice in writing to such other party
pursuant to this Section 9.

 

10.         Binding Effect/Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their
respective heirs, executors, personal representatives, estates, successors (including, without limitation, by way of merger) and
assigns, as applicable. Notwithstanding the provisions of the immediately preceding sentence, neither the Director nor the Company
shall assign all or any portion of this Agreement without the prior written consent of the other party.

 

11.         Entire Agreement. This Agreement (together with the other agreements referred to herein) sets forth the entire understanding
of the parties hereto with respect to the subject matter hereof and supersedes all prior agreements, written or oral, between
them as to such subject matter.

 

12.         Severability. If any provision of this Agreement, or any application thereof to any circumstances, is invalid, in whole
or in part, such provision or application shall to that extent be severable and shall not affect other provisions or applications
of this Agreement.

 

13.         Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York,
without reference to the principles of conflict of laws. All actions and proceedings arising out of or relating to this Agreement
shall be heard and determined in any court in the State of New York and the parties hereto hereby consent to the jurisdiction
of such courts in any such action or proceeding; provided, however, that neither party hereto shall commence any
such action or proceeding unless prior thereto the parties have in good faith attempted to resolve the claim, dispute or cause
of action which is the subject of such action or proceeding through mediation by an independent third party.

 

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14.         Legal Fees. The parties hereto agree that the non-prevailing party in any dispute, claim, action or proceeding between
the parties hereto arising out of or relating to the terms and conditions of this Agreement or any provision thereof (a “Dispute”),
shall reimburse the prevailing party for reasonable attorney’s fees and expenses incurred by the prevailing party in connection
with such Dispute; provided, however, that the Director shall only be required to reimburse the Company for its
fees and expenses incurred in connection with a Dispute if the Director’s position in such Dispute was found by the court,
arbitrator or other person or entity presiding over such Dispute to be frivolous or advanced not in good faith.

 

15.         Modifications. Neither this Agreement nor any provision hereof may be modified, altered, amended or waived except by an
instrument in writing duly signed by the party to be charged.

 

16.         Tense and Headings. Whenever any words used herein are in the singular form, they shall be construed as though they were
also used in the plural form in all cases where they would so apply. The headings contained herein are solely for the purposes
of reference, are not part of this Agreement and shall not in any way affect the meaning or interpretation of this Agreement.

 

17.         Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original
but all of which together shall constitute one and the same instrument.

 

[-Signature
Page Follows-]

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IN
WITNESS WHEREOF, the Company has caused this Director Agreement to be executed by authority of its Board of Directors, and the
Director has hereunto set his hand, on the day and year first above written.

 

	SPORTS FIELD HOLDINGS, INC.	 
	 	 	 
	By:	/s/ Jeromy Olson	 
	 	Jeromy Olson	 
	 	Chief Executive Officer	 

 

	DIRECTOR	 
	 	 
	/s/ Glenn Tilley	 
	GLENN TILLEY, an individual	 

 

 

[Signature page to Director Agreement]

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EXHIBIT
A

 

DIRECTOR
AND OFFICER INDEMNIFICATION AGREEMENT

 

(attached)

 

 

 

 

[Exhibit A to Director Agreement]EX-10.1

 Exhibit 10.1 

SUNCOKE ENERGY, INC. SENIOR EXECUTIVE INCENTIVE PLAN 

(Amended and Restated Effective as of December 9, 2015) 

I. PURPOSE 
 The SunCoke
Energy, Inc. Senior Executive Incentive Plan (the “SEIP”) is designed to provide for Awards to selected executive officers who contribute in a substantial degree to the success of the Company and who are in a position to have
a direct and significant impact on the growth and success of the Company, thus affording to them a means of participating in that success and an incentive to contribute further to that success. The SEIP is intended to ensure that payments made under
the SEIP or other incentive arrangements qualify as “performance-based” compensation as described in Section 162(m) of the Internal Revenue Code. 

II. DEFINITIONS 
 The
following words and phrases shall have the meanings set forth below: 
 2.1. “Adjusted EBITDA” shall mean
earnings before interest, taxes, depreciation and amortization, as reported in the Company’s consolidated financial statements, adjusted to exclude the impact of significant: gains (losses) on the disposal of assets; asset impairments,
retirements or write- downs; gains (losses) associated with legal, insurance or tax settlements/adjustments; restructuring, severance or pension-related charges; or other similar items out of the ordinary course of business. 

2.2. “Affiliate” means any corporation that together with the Company constitute an affiliated group of
corporations as described in Section 1504 of the Internal Revenue Code (without regard to Section 1504(b) thereof). 
 2.3.
“Award” shall mean an award of incentive compensation pursuant to the SEIP. 
 2.4. “Award
Fund” shall mean the aggregate amount made available in any Performance Year pursuant to Article V hereof from which Awards determined under Article VI hereof may be made. 

2.5. “Committee” shall mean the Compensation Committee of the Board of Directors of the Company or such other
committee appointed to administer the SEIP by the Board of Directors of the Company that is comprised of at least two members of the Board of Directors, each of whom shall meet applicable requirements set forth in Section 162(m) of the Internal
Revenue Code and the regulations thereunder. 
 2.6. “Company” shall mean SunCoke Energy, Inc., a Delaware
corporation. 
 2.7. “Just Cause” shall mean (a) the willful and continued failure of the Participant to
substantially perform his or her duties with the Company or an affiliate (other than any such failure resulting from incapacity due to physical or mental illness) after a written demand for 

  

			
	 SunCoke Energy, Inc.
 Senior Executive
Incentive Plan
 (December 9, 2015)
	  	Page 1 of 1

 
substantial performance is delivered to such Participant by the Board of Directors, identifying the manner in which it is believed that such Participant has not substantially performed his or her
duties; (b) the Participant’s conviction of a felony; (c) willful misconduct by the Participant in connection with his or her employment duties or responsibilities to the Company or any affiliate (including, but not limited to,
dishonest or fraudulent acts) that places the Company or any affiliate at risk of material injury; or (d) the Participant’s failure to comply with a policy of the Company or any affiliate that places the Company or any affiliate at risk of
material injury. For purposes of this Section 2.7, “injury” shall include, but not be limited to, financial injury and injury to the reputation of the Company. 

2.8. “Participant” shall mean each individual described in Article IV of the SEIP. 

2.9. “Performance Year” shall mean each fiscal year of the Company. 

2.10. “SEIP” shall mean this SunCoke Energy, Inc. Senior Executive Incentive Plan, as amended from time to
time. 
 III. ADMINISTRATION 

The SEIP shall be administered by the Committee, which shall have full power and authority to construe, interpret and administer the SEIP, and
make such determinations and take such action in connection with or in relation to the SEIP as it deems necessary. Each determination made by the Committee shall be final, binding and conclusive for all purposes and upon all persons. The Committee
may rely conclusively on the determinations made by the Company’s independent public accountants with respect to matters within their expertise. 

IV. ELIGIBILITY 
 Any
executive officer of the Company or an Affiliate designated by the Committee is eligible to participate in the SEIP with respect to a Performance Year. No later than 90 days after the commencement of each Performance Year, the Committee shall, in
writing, designate the Participants who are eligible to receive an Award for such Performance Year. 
 V. AWARD FUND 

An Award Fund shall be established at five percent of the Company’s Adjusted EBITDA for each Performance Year, provided that the
Committee reserves the right to decrease the amount of the Award Fund in any given Performance Year. No amounts shall be paid under the SEIP for any Performance Year unless the Company has Adjusted EBITDA in such Performance Year. 

VI. AWARDS 
 No later than
90 days after the commencement of each Performance Year, the Committee shall determine the percentage of the Award Fund to allocate to each Participant as an Award for such Performance Year; provided that for any given Performance Year, no one
Participant shall be allocated an Award that exceeds 50% of the Award Fund, and the sum of the Awards shall not exceed 100% of the Award Fund. 

  

			
		  	Page 2 of 4

 VII. ADJUSTMENT AND LIMITATIONS 

7.1. Adjustment. The Committee may not increase the amount payable with respect to any Award, but the Committee reserves the
right to decrease or eliminate any Award to any Participant. In determining Awards, the Committee shall exercise discretion only to the extent permitted in Section 162(m) of the Internal Revenue Code and the regulations thereunder. In making
such determinations, the Committee may establish factors to take into account in implementing its discretion, including, but not limited to, achievement of business objectives and individual objectives, including the objectives established under the
SunCoke Energy, Inc. Annual Incentive Plan, and, except in the case of the Award for the Chief Executive Officer of the Company, the recommendations of the Chief Executive Officer of the Company. In the event of a Change in Control (as such term is
defined in the SunCoke Energy, Inc. Annual Incentive Plan), the Awards shall be adjusted pursuant to such Annual Incentive Plan, including the Sections entitled “Change in Control” and “AIP Termination and Modification.” 

7.2. Maximum Award. Notwithstanding the foregoing, the maximum Award payable to a Participant shall not exceed (a) the
lesser of the Participant’s Award established pursuant to Article VI or $4 million, in the case of the Chief Executive Officer; and (b) the lesser of the Participant’s Award established pursuant to Article VI or $2 million, in the
case of each Participant other than the Chief Executive Officer. 
 VIII. PAYMENT 

Prior to the payment of any Award under the SEIP, the Committee shall certify in writing that all applicable material conditions for such
Award, including the conditions set forth in Article V, Article VI and this Article VIII, have been satisfied. In making this certification, the Committee will be entitled to rely upon an appropriate officer’s certificate from the
Company’s Chief Financial Officer. Subject to the immediately preceding sentence, payment of the individual Awards will be made in a lump sum cash payment no later than March 15 of the year immediately following the end of the Performance
Year to which the Award relates. 
 IX. PRORATION OF AWARD 

9.1. Proration. If a Participant’s employment terminates with the Company and all Affiliates for any reason other than Just
Cause prior to December 31 of any Performance Year, such Participant will receive a pro-rated Award, reflecting participation for a portion of the Performance Year during which the Participant was employed in an eligible position. Any pro-rated
Award for the Performance Year payable hereunder will be paid on the date when Awards are otherwise payable for such Performance Year as provided in the SEIP.” 

X. EFFECTIVE DATE; AMENDMENT OR TERMINATION 

10.1. Effective Date. The SEIP shall be effective for Performance Years beginning on and after January 1, 2013, provided
that the SEIP receives shareholder approval at the Company’s 2013 Annual Meeting of Shareholders. If such shareholder approval is not obtained, any Awards granted to Participants shall be null and void. 

  

			
		  	Page 3 of 4

 10.2. Amendment or Termination. The SEIP may be amended or revised at any time by
the Committee and may be discontinued or terminated in whole or in part at any time by the Board of Directors of the Company, provided, however, that no amendment requiring shareholder approval under Section 162(m) of the Internal Revenue Code
will be made without obtaining such shareholder approval. The SEIP will continue in operation until discontinued or terminated as herein provided. Notwithstanding the foregoing provisions of this Section 10.2, if a Change in Control (as defined
in the SunCoke Energy, Inc. Annual Incentive Plan) occurs during a Performance Year, the Participants for such Performance Year shall continue to have at least the same SEIP Award opportunity as in effect immediately prior to the Change in Control,
and the SEIP shall not be terminated, or amended or administered, so that the Participant’s Award opportunity for such Performance Year is reduced in any way. 

XI. MISCELLANEOUS 

11.1. Neither the action of the Company in establishing the SEIP, nor any action taken by it or by the Committee under the provisions
hereof, nor any provision of the SEIP, shall be construed as giving to any Participant the right to be retained in the employ of the Company or its Affiliates. 

11.2. The Company may offset against any payments to be made to a Participant or his/her beneficiary under the SEIP any amounts owing
to the Company or Affiliates from the Participant for any reason. 
 11.3. Nothing in the SEIP shall obligate the Company to set
aside funds to pay for the Awards determined hereunder, or to pay Awards under the SEIP. 
 11.4. The validity, construction and
effect of the SEIP or any incentive payment payable under the SEIP shall be determined in accordance with the laws of the State of Delaware. 

11.5. The Company shall have the right to make all payments or distributions pursuant to the SEIP to a Participant, net of any
applicable Federal, State and local taxes required to be paid or withheld. The Company shall have the right to withhold from wages, Award payments or other amounts otherwise payable to such Participant such withholding taxes as may be required by
law, or to otherwise require the Participant to pay such withholding taxes. 
 11.6. The SEIP shall be binding upon and inure to the
benefit of the Company and its successors and assigns. 

  

			
		  	Page 4 of 4

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