Document:

exv10w14

Exhibit 10.14

[BRAVO BRIO RESTAURANT GROUP, INC. LETTERHEAD]

[Date]

[Name]

[Address]

Dear [Name]:

          Pursuant to the Bravo Brio Restaurant Group, Inc. Stock Incentive Plan (the “Plan”),
the Compensation Committee (the “Committee”) hereby grants you a Non-Qualified Option
(referred to herein as either the “Option” or
“Award”) to purchase
[________] shares
of Common Stock of Bravo Brio Restaurant Group, Inc. (the “Company”), effective as of
[________] (the “Grant Date”). The exercise price of the Option is [________] per share.
The Option will not be treated as an incentive stock option.

          Your Award is subject to the terms and conditions of the Plan, which are incorporated herein
by reference, and this letter (the “Award Agreement”). In the event of any contradiction,
distinction or difference between this Award Agreement and the terms of the Plan, the terms of the
Plan will control. All capitalized terms not defined herein shall have the meanings set forth in
the Plan.

          Subject to your continued service with the Company or any of its Subsidiaries, one-third of
your Award will vest and become exercisable on each of the first three anniversaries of the Grant
Date. In addition, upon your death or Disability while you are providing services to the Company
or any of its Subsidiaries, your Award will fully vest and become exercisable.

          Subject to the terms of the Plan and your continued service with the Company or any of its
Subsidiaries, your Award will remain exercisable until the tenth anniversary of the Grant Date (the
“Expiration Date”). Upon the date of your termination of service with the Company and its
Subsidiaries (a “Termination Date”), your Award shall remain exercisable (the “Exercise
Period”) only in accordance with the following provisions:

	 	•	 	Upon your termination of service with the Company and its Subsidiaries by reason of your
death or Disability, any vested portion of your Award shall remain exercisable until the
earlier of: (a) 180 days after your Termination Date or (b) the Expiration Date.
	 
	 	•	 	Upon your termination of service with the Company and its Subsidiaries by the Company
(or a Subsidiary) without Cause or by your voluntary termination, any vested portion of
your Award shall remain exercisable until the earlier of (a) 30 days after your Termination
Date or (b) the Expiration Date.
	 
	 	•	 	Upon your termination of service with the Company or any of its Subsidiaries for any
other reason, any unexercised portion of your Award shall be immediately forfeited with no
further compensation due to you upon your Termination Date.

          Any vested and exercisable portion of your Award that is not so exercised within the
applicable Exercise Period shall be forfeited with no further compensation due to you.
Additionally, any portion of your Award that is not vested or exercisable as of your Termination
Date shall cease to vest and shall be immediately forfeited on such date with no further
compensation due to you.

 

 

          All or part of the exercisable portion of your Option may be exercised by you upon (a) your
written notice to the Company of exercise, (b) your payment of the applicable exercise price in
cash or as otherwise may be permitted by the Committee and (c) your having made appropriate
arrangements with the Company for the withholding of any taxes which may be due with respect to
your exercise of the Option. Payment of the exercise price of the Option shall in all events be
made within three days of the date of exercise.

          The Company may impose any additional conditions or restrictions on the Award or the exercise
of the Option as it deems necessary or advisable to ensure that all rights granted under the Plan
satisfy the requirements of applicable securities and other laws. The Company shall not be
obligated to issue or deliver any shares if such action violates any provision of any law or
regulation of any governmental authority or national securities exchange.

          The Committee may amend the terms of this Award Agreement to the extent it deems appropriate
to carry out the terms of the Plan. The construction and interpretation of any provision of this
Award Agreement or the Plan shall be final and conclusive when made by the Committee.

          Nothing in this Award Agreement shall confer on you the right to continue in the service of
the Company or its Subsidiaries or interfere in any way with the right of the Company or its
Subsidiaries to terminate your service at any time.

          Please sign and return a copy of this Award Agreement to [                      ]. Unless a
signed copy of this Award Agreement is received within thirty (30) days after the date hereof, the
Award shall lapse and become null and void. Your signature hereto also shall acknowledge that you
have received and reviewed the Plan and that you agree to be bound by the terms of the Plan.

	 	 	 	 	 
	 	Very truly yours,

BRAVO BRIO RESTAURANT GROUP, INC.

 	 
	 	By:  	 	 
	 	Name:  	 	 	 
	 	Title:  	 	 
	 

Accepted and Agreed:

	 	 	 	 	 

	 	 	 
	 
	 	 	 	 
	Dated:

	 	 	 	 
	 

	 	 

	 	 

Enclosure           (Copy of Plan)

2exv10w15

Exhibit 10.15

[BRAVO BRIO RESTAURANT GROUP, INC. LETTERHEAD]

[Date]

[Name]

[Address]

Dear [Name]:

     Pursuant to the Bravo Brio Restaurant Group, Inc. Stock Incentive Plan (the “Plan”),
the Compensation Committee (the “Committee”) hereby grants you [________] shares of Bravo
Brio Restaurant Group, Inc. (the “Company”) Common Stock (referred to herein as either the
“Restricted Stock” or “Award”), effective as of [________] (the “Grant
Date”).

     Your Award is subject to the terms and conditions of the Plan, which are incorporated herein
by reference, and this letter (the “Award Agreement”). In the event of any contradiction,
distinction or difference between this Award Agreement and the terms of the Plan, the terms of the
Plan will control. All capitalized terms not defined herein shall have the meanings set forth in
the Plan.

     Subject to your continued service with the Company or any of its Subsidiaries, one-third of
your Award will vest on each of the first three anniversaries of the Grant Date. In addition, upon
your death or Disability while you are providing services to the Company or any of its
Subsidiaries, your Award will fully vest.

     If your service with the Company and its Subsidiaries terminates for any reason other than by
reason of your death or Disability, then the unvested portion of your Award shall cease to vest and
shall be forfeited with no further compensation due to you.

     If certificates are generally issued for other shares of Common Stock of the Company, you may
receive certificate(s) for the Restricted Stock designating you as the registered owner. Upon such
receipt, you agree to deliver the certificate(s) together with a signed and undated stock power, in
the form of Exhibit A hereto, to the Company or the Company’s designee, authorizing the
Committee to transfer title to the certificate(s) representing any shares of Restricted Stock that
are forfeited under the terms of the Plan and this Award Agreement to the Company in the event that
your service with the Company and its Subsidiaries should terminate for any reason prior to the
lapse of the restrictions. Such certificate(s) for the Restricted Stock shall contain such legends
as are determined by the Committee.

     As a condition precedent to your actual receipt of any certificates for any vested Restricted
Shares, you shall, at the time the Restricted Stock becomes vested, or if you makes the election
permitted to be made under Section 83(b) of the Internal Revenue Code of 1986, as amended, at the
time of such election, pay to the Company in cash an amount equal to the applicable withholding,
excise, employment or other taxes determined by the Committee as being required to be withheld or
collected under applicable federal, state or local laws. Furthermore, the Company shall have the
right to deduct and withhold any such applicable taxes from, or in respect of, any dividends or
other distributions paid on the Restricted Stock. All taxes, if any, on any payments to you (or to
your heirs, estate, legal representatives or other beneficiaries, as the case may be) hereunder
shall be the responsibility of and shall be paid by such recipient(s).

     Unvested Restricted Stock may not be sold, transferred, pledged, or otherwise disposed of or
hypothecated by you (or your heirs, estate, legal representatives or other beneficiaries, as the
case may be) in any way and any attempt to do so shall be null and void and without legal force or
effect.

 

     The Committee may amend the terms of this Award Agreement to the extent it deems appropriate
to carry out the terms of the Plan. The construction and interpretation of any provision of this
Award Agreement or the Plan shall be final and conclusive when made by the Committee.

     Nothing in this Award Agreement shall confer on you the right to continue in the service of
the Company or its Subsidiaries or interfere in any way with the right of the Company or its
Subsidiaries to terminate your service at any time.

     Please sign and return a copy of this Award Agreement to [ ]. Unless a
signed copy of this Award Agreement is received within thirty (30) days after the date hereof, the
Award shall lapse and become null and void. Your signature hereto also shall acknowledge that you
have received and reviewed the Plan and that you agree to be bound by the terms of the Plan.

	 	 	 	 	 	 	 

	 	 	Very truly yours,	 	 
	 
	 	 	 	 	 	 
	 	 	BRAVO BRIO RESTAURANT GROUP, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

	 	 
	 

	 	Title:	 	 	 	 

Accepted and Agreed:

_____________________________

Dated: _______________________

Enclosure      (Copy of Plan)

2

 

Exhibit A

STOCK POWER

     For Value Received, [Name] hereby sells, assigns and transfers unto Bravo Brio Restaurant
Group, Inc. ______________ Shares of Restricted Stock of Bravo Brio Restaurant Group, Inc.
standing in his name on the books of said corporation [represented by Certificate No. ___] herewith
and does hereby irrevocably constitute and appoint ____________________ attorney to transfer the
said stock on the books of the within named corporation with full power of substitution in the
premises.

By: ________________________

Dated:________________

In presence of ______________

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