Document:

Exhibit

   Exhibit 10.7

	
											
	AMENDMENT OF SOLICITATION/MODIFICATION OF CONTRACT
	1.  CONTRACT ID CODE

	PAGE OF PAGES
   1        3

	2.  AMENDMENT/MODIFICATION NO
0018
	3.  EFFECTIVE DATE
See Block 16C
	4.  REQUISITION/PURCHASE REQ NO
	5.  PROJECT NO. (if applicable.), 

	6.  ISSUED BY                                       CODE
HHS/OS/ASPR/BARDA
330 Independence Ave., S.W.
Room 640-G
Washington DC  20201
	HHS/OS/ASPR/BARDA
	7 ADMINISTERED BY (if other than Item 6)   CODE
ASPR-BARDA
330 Independence Ave, SW, Rm G640
Washington DC  20201
	ASPR-BARDA02

	 
	 

	8.  NAME AND ADDRESS OF CONTRACTOR (No., street, county, State and ZIP Code)
SIGA TECHNOLOGIES, INC.  1385150
SIGA TECHNOLOGIES, INC.  35 E 6
35 E 62ND ST
NEW YORK NY  100658014
	(x)
	9A.  AMENDMENT OF SOLICITATION NO

	9B.  DATED (SEE ITEM 11)

	x
	10A.  MODIFICATION OF CONTRACT/ORDER NO.
HHSO100201100023C

	10B.  DATED (SEE ITEM 13)

06/01/2011

	CODE   1385150
	FACILITY CODE

	11.  THIS ITEM ONLY APPLIES TO AMENDMENTS OF SOLICITATIONS

	□The above numbered solicitation is amended as set forth In Item 14.  The hour and data specified for receipt of Offers   □ is extended.      □ is not extended.
Offers must acknowledge receipt of this amendment prior to the hour and date specified in the solicitation or as amended , by one of the following methods:  (a) By completing Items 8 and 15, and returning ___ copies of the amendment; (b) By acknowledging receipt of this amendment on each copy of the offer submitted ; or (c) By separate letter or telegram which includes a reference to the solicitation and amendment numbers.  FAILURE OF YOUR ACKNOWLEDGEMENT TO BE RECEIVED AT THE PLACE DESIGNATED FOR THE RECEIPT OF OFFERS PRIOR TO THE HOUR AND DATE SPECIFIED MAY RESULT IN REJECTION OF•YOUR OFFER.  If by virtue of this amendment you desire to change an offer already submitted , such change may be made by telegram or letter, provided each telegram or letter makes reference to the solicitation and this amendment, and  is received  prior to the opening hour and date specified.

	12.  ACCOUNTING AND APPROPRIATION DATA (If required.)   Net Decrease:        -$570,919.10
See Schedule

	13.  THIS ITEM ONLY APPLIES TO MODIFICATION OF CONTRACTS/ORDERS.  IT MODIFIES THE CONTRACT/ORDER NO. AS DESCRIBED IN ITEM 14.

	CHECK ONE
	A.  THIS CHANGE ORDER IS ISSUED PURSUANT TO :  (Specify authority)  THE CHANGES SET FORTH IN ITEM 14 ARE MADE IN THE CONTRACT ORDER NO. IN ITEM 10A.

	 
	B.  THE ABOVE NUM8ERBD CONTRACT/ORDER IS MODIFIED TO REFLECT THE ADMINISTRATIVE CHANGES (such as changes in paying office, appropriation date, etc.) SET FORTH IN ITEM 14, PURSUANT TO THE AUTHORITY OF FAR 43.103(b).

	X
	C.  THIS SUPPLEMENTAL AGREEMENT IS ENTERED INTO PURSUANT TO AUTHORITY OF:
FAR 1.602-1;  FAR 52.243-2  Changes – Cost Reimbursement – Alt V (Apr 1984);  and Mutual Agreement

	 
	D.  OTHER  (Specify type of modification and authority.)

	E.  IMPORTANT:   Contractor   □ is not.   □ is required to sign this document and return ___1___ copies to the issuing office.

	14.  DESCRIPTION OF AMENDMENT/MODIFICATION  (Organized by UCF section headings, including solicitation/contract subject matter where feasible.)
Tax ID Number:  13-3864870
DONS Number:  932651516
PURPOSE:  This modification is to remove expiring funds from the contract.

FUNDS ALLOTED PRIOR TO MOD #18   $37,375,485.00
FUNDS REMOVED WITH MOD #18   -    $570,919.10
TOTAL FUNDS ALLOTED TO DATE   $36,804,565.90 (Changed)

CONTRACT EXPIRATION DATE:  December 30, 2020  (Unchanged)

Continued . . .

Except as provided herein, all terms and conditions of the document referenced in Item 9A or 10A, as heretofore changed, remains unchanged and in full force and effect.

	15A.  NAME AND TITLE OF SIGNER (Type or print.)
Phillip L. Gomez, III  CEO
	16A.  NAME AND TITLE OF CONTRACTING OFFICER (Type or print.)
ELIZABETH STEINER

	15B.  CONTRACTOR/OFFEROR
/s/ Phillip L. Gomez, III
(Signature of person authorized to sign.)
	15C.  DATE SIGNED

28 Sep 2018
	16B.  UNITED STATES OF AMERICA
/s/ Elizabeth Steiner
(Signature of contracting officer.
	16.  DATE SIGNED

9/28/18

	
									
	CONTINUATION SHEET
	REFERENCE NO. OF DOCUMENT BEING CONTINUED
HHSO100201100023C/0018
	PAGE OF PAGES
   2   3

	NAME OF OFFEROR OR CONTRACTOR
  SIGA TECHNOLOGIES, INC. 1385150

	ITEM NO.
(A)
	SUPPLIES/SERVICES
(B)
	QUANTITY
(C)
	UNIT
(D)
	UNIT PRICE
(E)
	AMOUNT
(F)
	 

	 
	CLIN  0002  POP  30Sept2018   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0003  POP  30Dec2019   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0004  POP  30Dec2020   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0005  POP  30Dec2020   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0006  POP  30June2020   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0007  POP  30Dec2020   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0008  POP  30Dec2020   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0011  POP  28Feb2014   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0012  POP  31Dec2016   (Unchanged)
	 
	 
	 
	 
	 

	 
	CLIN  0013  POP  31Dec2013   (Unchanged)
	 
	 
	 
	 
	 

	 
	1)  The following revision is made to CLINs 0002,0011, 0012, and 0013 under this modification:
	 

	 
	All remaining funds in CLINs 0002,0011, 0012, and 0013 are being deobligated in full due to the funds expiring.
	 

	 
	The amount of decrease for CLIN 0002 is $408,689.27.
	 
	 
	 
	 
	 

	 
	The amount of decrease for CLIN 0011 is $1,069.53.
	 
	 
	 
	 
	 

	 
	The amount of decrease for CLIN 0012 and 0013 is $161,160.30.
	 
	 
	 
	 
	 

	 
	This change reduces the overall contract value from Not to Exceed $37,375,485.00 to Not to Exceed $36,804,565.90, a decrease of $570,919.10  (overall contract value).
Delivery Location Code:  OS-BARDA-SWITZER
OS-BARDA-SWITZER
330 Independence Ave,  SW,  Rm G644
Washington  DC   20201  US  
	 

	 
	 

	 
	 

	 
	 

	 
	 

	 
	 

	 
	FOB: Destination
	 
	 
	 
	 
	 

	 
	Period of Performance:  05/15/2011  to  12/30/2020
	 
	 
	 
	 
	 

	 
	Change Item 3 to read as follows (amount shown is the obligated amount):
	 

	3
	CLIN  0002  funding to SIGA Technologies, Inc.     CAN
	 
	 
	 
	-408,689.27
	 

	 
	1992002   HHSO1002011000023C
	 
	 
	 
	 
	 

	 
	Delivery:  02/18/2018 
Accounting Info: 
2011.1992002.25329  Appr.  Yr.:  2011     CAN:  1992002  Object Class:  25329
Funded:  -$408,689.27
	 

	 
	 

	 
	 
	 

	 
	 

	 
	Change Item 4 to read as follows (amount shown is the obligated amount):
	 

	4
	CLIN  0011  funding to SIGA Technologies, Inc.     CAN

	 
	 
	 
	-1,069.53
	 

	 
	Continued . . .

	 
	 
	 
	 
	 

	
						
	CONTINUATION SHEET
	REFERENCE NO. OF DOCUMENT BEING CONTINUED
HHSO100201100023C/0018
	PAGE OF PAGES
   3   3

	 
	 
	 
	 
	 

NAME OF OFFEROR OR CONTRACTOR
SIGA TECHNOLOGIES, INC.  1385150
	
											
	ITEM NO.
(A)
	SUPPLIES/SERVICES
(B)
	QUANTITY
(C)
	UNIT
(D)
	UNIT PRICE
(E)
	AMOUNT
(F)
	 

	5
	1992002   HHSO1002011000023C
Delivery:  03/21/2013  
Accounting Info:
2011.1992002.25329  Appr.  Yr.:  2011     CAN:  1992002  Object Class:  25329
Funded:  -$1,069.53
Change Item 5 to read as follows (amount shown is the obligated amount):
ST-246  Smallpox Antiviral  Funding of goods or services to exercise CLIN0012 and CLIN 0013
Accounting Info:
2012.1992002.25329  Appr.  Yr.:  2012     CAN:  1992002  Object Class:  25329
Funded:  -$161,160.30
	 
	 
	 
	-161,160.30

NSN 754041.  152-8070        STANDARD FORM 30 (REV. 1043.3)
Previous edition unusable        Prescribed by GSA
FAR (48 CFR) 53 243Exhibit

RESTRICTED STOCK AWARD AGREEMENT
PURSUANT TO THE
TOWNSQUARE MEDIA, INC. 2014 OMNIBUS INCENTIVE PLAN

*  *  *  *  *

[GRANTEE]
 
[DATE]

*  *  *  *  *
THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”), dated as of the date specified above (the “Grant Date”), is entered into by and between Townsquare Media, Inc., a Delaware corporation (the “Company”), and [GRANTEE] (the “Participant”), pursuant to the Townsquare Media, Inc. 2014 Omnibus Incentive Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee; and
WHEREAS, it has been determined under the Plan that it would be in the best interests of the Company to grant the shares of Restricted Stock provided herein to the Participant.
NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth and for other good and valuable consideration, the parties hereto hereby mutually covenant and agree as follows:

I.Incorporation By Reference; Plan Document Receipt.  This Agreement is subject in all respects to the terms and provisions of the Plan (including, without limitation, any amendments thereto adopted at any time and from time to time unless such amendments are expressly intended not to apply to the Award provided hereunder), all of which terms and provisions are made a part of and incorporated in this Agreement as if they were each expressly set forth herein.  Any capitalized term not defined in this Agreement shall have the same meaning as is ascribed thereto in the Plan.  The Participant hereby acknowledges receipt of a true copy of the Plan and that the Participant has read the Plan carefully and fully understands its content.  In the event of any conflict between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control.
2.    Grant of Restricted Stock Award.  The Company hereby grants to the Participant, as of the Grant Date, [•] Class [•] shares of Restricted Stock in accordance with Article VIII of the Plan. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of any such shares, except as otherwise specifically provided for in the Plan or this Agreement.  Subject to Section 5 hereof, the Participant shall not have the rights of a stockholder in respect of the shares underlying this Award until such shares are delivered to the Participant in accordance with Section 4 hereof.

3.    Vesting.
(a)    General.  Subject to the provisions of Sections 3(b) and 3(c) hereof, the Restricted Stock shall become unrestricted and vested: [•]; provided that the Participant remains a full-time employee of the Company and has not incurred a Termination, other than a Termination without Cause, prior to the vesting date. There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting date, subject to the Participant’s continued service with the Company or any of its Subsidiaries on each applicable vesting date.
(b)    Committee Discretion to Accelerate Vesting.  Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of the Restricted Stock at any time and for any reason.
(c)    Forfeiture.  Subject to the Committee’s discretion to accelerate vesting hereunder, all unvested shares of Restricted Stock shall be immediately forfeited upon the Participant ceasing to be a full-time employee of the Company or the Participant’s Termination, other than a Termination without Cause. 
4.    Period of Restriction; Delivery of Unrestricted Shares.   During the period in which any shares of Restricted Stock are unvested pursuant to the terms of this Agreement, such Restricted Stock shall bear a legend as described in Section 8.2(c) of the Plan.  When shares of Restricted Stock awarded by this Agreement become vested, the Participant shall be entitled to receive unrestricted shares and if the Participant’s stock certificates contain legends restricting the transfer of such shares, the Participant shall be entitled to receive new stock certificates free of such legends (except any legends requiring compliance with securities laws).
5.    Dividends and Other Distributions; Voting.  The Participant shall be entitled to receive all dividends and other distributions paid with respect to the Restricted Stock, provided that any such dividends or other distributions will be subject to the same vesting requirements as the underlying Restricted Stock and shall be paid at the time the Restricted Stock becomes vested pursuant to Section 3 hereof.  If any dividends or distributions are paid in shares, the shares shall be deposited with the Company and shall be subject to the same restrictions on transferability and forfeitability as the Restricted Stock with respect to which they were paid.  The Participant may exercise full voting rights with respect to the Restricted Stock granted hereunder.
6.    Non-Transferability.  The shares of Restricted Stock, and any rights and interests with respect thereto, issued under this Agreement and the Plan shall not, prior to vesting, be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary of the Participant), other than by testamentary disposition by the Participant or the laws of descent and distribution.  Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate in any way any of the Restricted Stock, or the levy of any execution, attachment or similar legal process upon the Restricted Stock, contrary to the terms and provisions of this Agreement and/or the Plan shall be null and void and without legal force or effect.
7.    Governing Law.  All questions concerning the construction, validity and interpretation of this Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to the choice of law principles thereof.
8.    Withholding of Tax.  The Company shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant’s FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the Restricted Stock and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement.  Any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable to the Participant hereunder.
9.    Section 83(b).  If the Participant properly elects (as required by Section 83(b) of the Code) within thirty (30) days after the issuance of the Restricted Stock to include in gross income for federal income tax purposes in the year of issuance the Fair Market Value of such shares of Restricted Stock, the Participant shall pay to the Company or make arrangements satisfactory to the Company to pay to the Company upon such election, any federal, state or local taxes required to be withheld with respect to the Restricted Stock.  If the Participant shall fail to make such payment, the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock, as well as the rights set forth in Section 8 hereof.  The Participant acknowledges that it is the Participant’s sole responsibility, and not the Company’s, to file timely and properly the election under Section 83(b) of the Code and any corresponding provisions of state tax laws if the Participant elects to make such election, and the Participant agrees to timely provide the Company with a copy of any such election.
10.    Legend.  All certificates representing the Restricted Stock shall have endorsed thereon the legend set forth in Section 8.2(c) of the Plan.  Notwithstanding the foregoing, in no event shall the Company be obligated to deliver to the Participant a certificate representing the Restricted Stock prior to the vesting dates set forth above.
11.    Entire Agreement; Amendment.  This Agreement, together with the Plan, contains the entire agreement between the parties hereto with respect to the subject matter contained herein, and supersedes all prior agreements or prior understandings, whether written or oral, between the parties relating to such subject matter.  The Committee shall have the right, in its sole discretion, to modify or amend this Agreement from time to time in accordance with and as provided in the Plan.  This Agreement may also be modified or amended by a writing signed by both the Company and the Participant.  The Company shall give written notice to the Participant of any such modification or amendment of this Agreement as soon as practicable after the adoption thereof.
12.    Notices.  Any notice hereunder by the Participant shall be given to the Company in writing and such notice shall be deemed duly given only upon receipt thereof by the General Counsel of the Company.  Any notice hereunder by the Company shall be given to the Participant in writing and such notice shall be deemed duly given only upon receipt thereof at such address as the Participant may have on file with the Company.
13.    Acceptance.  As required by Section 8.2 of the Plan, the Participant shall forfeit the Restricted Stock if the Participant does not execute this Agreement within a period of sixty (60) days from the date that the Participant receives this Agreement (or such other period as the Committee shall provide).
14.    No Right to Employment.  To the extent the Participant is a party to an employment agreement, any questions as to whether and when there has been a Termination and the cause of such Termination shall be determined according to the Participant’s employment agreement.  Nothing in this Agreement shall interfere with or limit in any way the right of the Company, its Subsidiaries or Affiliates to terminate the Participant’s employment or service at any time, for any reason and with or without Cause.
15.    Transfer of Personal Data.  The Participant authorizes, agrees and unambiguously consents to the transmission by the Company (or any Subsidiary) of any personal data information related to the Restricted Stock awarded under this Agreement for legitimate business purposes (including, without limitation, the administration of the Plan).  This authorization and consent is freely given by the Participant.
16.    Compliance with Laws.  The issuance of the Restricted Stock or unrestricted shares pursuant to this Agreement shall be subject to, and shall comply with, any applicable requirements of any foreign and U.S. federal and state securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act, the Exchange Act and in each case any respective rules and regulations promulgated thereunder) and any other law or regulation applicable thereto.  The Company shall not be obligated to issue the Restricted Stock or any of the shares pursuant to this Agreement if any such issuance would violate any such requirements.
17.    Section 409A.  Notwithstanding anything herein or in the Plan to the contrary, the shares of Restricted Stock are intended to be exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent.
18.    Binding Agreement; Assignment.  This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns.  The Participant shall not assign (except in accordance with Section 6 hereof) any part of this Agreement without the prior express written consent of the Company.
19.    Headings.  The titles and headings of the various sections of this Agreement have been inserted for convenience of reference only and shall not be deemed to be a part of this Agreement.
20.    Counterparts.  This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument.
21.    Further Assurances.  Each party hereto shall do and perform (or shall cause to be done and performed) all such further acts and shall execute and deliver all such other agreements, certificates, instruments and documents as either party hereto reasonably may request in order to carry out the intent and accomplish the purposes of this Agreement and the Plan and the consummation of the transactions contemplated thereunder.
22.    Severability.  The invalidity or unenforceability of any provisions of this Agreement in any jurisdiction shall not affect the validity, legality or enforceability of the remainder of this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of this Agreement in any other jurisdiction, it being intended that all rights and obligations of the parties hereunder shall be enforceable to the fullest extent permitted by law.
23.    Acquired Rights.  The Participant acknowledges and agrees that:  (a) the Company may terminate or amend the Plan at any time; (b) the award of Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation.

[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

TOWNSQUARE MEDIA, INC.

By:                    

Name:                    

Title:                    

[GRANTEE]

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