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Exhibit 10.19
BENSON HILL, INC. RESTRICTED STOCK UNIT AGREEMENT — SIGN ON AWARD
This Restricted Stock Unit Agreement (this “Agreement”) is made and entered into effective March 17, 2022 (the “Grant Date”) by and between BENSON HILL, INC. (the “Company”) and DEAN FREEMAN (“you”). The Company adopted the Benson Hill, Inc. 2021 Omnibus Incentive Plan (the “Plan”) pursuant to which awards of Restricted Stock Units may be granted.
In satisfaction of Section 3.3(b) of your Executive Employment Agreement (the “Employment Agreement”), the Company hereby issues you 300,000 Restricted Stock Units (the “Sign-On RSUs”). Each Sign-On RSU represents the right to receive one share of Company Common Stock upon vesting and settlement of the Sign-On RSU. Your Sign-On RSUs are subject to the following terms and conditions, as well as the terms and conditions of the Plan. Unless otherwise specified, capitalized terms used but not defined below have the meaning ascribed to them in the Plan. 
1.Vesting and Settlement. Your “Vesting Start Date” is February 2, 2022. Subject to your continued service, your Sign-On RSUs will vest 25% on each annual anniversary of the Vesting Start Date, becoming fully vested (100%) on the 4th annual anniversary of the Vesting Start Date.
If (i) your service is terminated under Section 4.2 of your Employment Agreement as a result of the Company terminating you without “Cause” (as that term is defined in Section 4.1 of your Employment Agreement) or by you resigning for “Good Reason” (as that term is defined in Section 4.1 of your Employment Agreement), (ii) such resignation or termination occurs within 12 months following a Change in Control, or if the circumstances that ultimately give rise to such resignation or termination occur within the three months prior to a Change in Control, and (iii) and subject to you executing a “Release” (as that term is defined in Section 4.2 of your Employment Agreement), then any unvested portion of your 2022 RSUs will vest on your “Release Effective Date” (as that term is defined in Section 4.2 of your Employment Agreement).
If your service terminates for any other reason before your Sign-On RSUs fully vest, you will automatically forfeit all interests and rights related to your unvested Sign-On RSUs upon such termination of your service. You will have no right or interest in any forfeited Sign-On RSUs and neither the Company nor any Affiliate will have any further obligations under this Agreement.
Subject to Section 6 (Taxes) of this Agreement, any portion of your Sign-On RSUs that has achieved the vesting requirements will be settled within 60 days following the applicable vesting date. Upon settlement of your Sign-On RSUs, the Company shall (a) issue and deliver to you the number of shares of Common Stock equal to the number of Sign-On RSUs that vest on the vesting date (subject to any reduction of delivered shares via a net settlement agreement with the Company, in the Company’s discretion, for withholding tax purposes), and (b) enter your name on the books of the Company as the shareholder of record with respect to the shares of Common Stock delivered to you.
2.Restrictions. Subject to any exceptions set forth in this Agreement or the Plan, until your Sign-On RSUs are settled in accordance with Section 1 (Vesting and Settlement) of this Agreement, you may not sell, transfer or encumber your Sign-On RSUs (or any rights relating to your Sign-On RSU) in any way. Any attempt to sell, transfer or encumber your Sign-On RSUs (or any rights relating to your 

Sign-On RSU) is wholly ineffective and, if you make any such attempt, you will automatically forfeit your Sign-On RSUs and all of your rights to the Sign-On RSUs will immediately terminate without any payment or consideration by the Company or any Affiliate.
3.Rights as Shareholder; Dividend Equivalents. You do not have any rights as a shareholder with respect to the shares of Common Stock underlying your Sign-On RSUs unless and until your Sign-On RSUs vest and are settled by the issuance of shares of Common Stock.  Upon and following the settlement of your Sign-On RSUs, you will be the record owner of the shares of Common Stock issued in settlement of your Sign-On RSUs and you will be entitled to all rights of a shareholder of the Company (including voting rights) unless and until you sell or otherwise dispose of such shares.  
If, prior to an unvested Sign-On RSU’s settlement date, the Company declares a dividend on the shares of Common Stock, the Company will credit an account with an amount equal to the dividends that would have been paid to you had you been issued one share of Common Stock on the Grant Date for each unvested Sign-On RSU (“Dividend Equivalents”).  Dividend Equivalents shall be subject to the same vesting and forfeiture restrictions as the unvested Sign-On RSUs to which they are attributable and shall be paid on the same date that the unvested Sign-On RSUs to which they are attributable are settled in accordance with Section 1.  To the extent vested, Dividend Equivalents credited to your account shall be distributed in cash or, at the discretion of the Committee, in shares of Common Stock having a Fair Market Value equal to the amount of the Dividend Equivalents, if any.
4.No Right to Continued Employment or Service. Neither the Plan nor this Agreement confers upon you any right to be retained in any position with the Company or any Affiliate. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company or any Affiliate to terminate your employment or service at any time, with or without cause. 
5.Adjustments. If any change is made to the outstanding Common Stock or the capital structure of the Company, if required, your Sign-On RSUs shall be adjusted or terminated in any manner as contemplated by Section 5 of the Plan.
6.Taxes. You are required to pay to the Company, and the Company has the right to deduct from any compensation paid to you pursuant to the Plan, the amount of any required withholding taxes in respect of your Sign-On RSUs and to take all other action as the Committee deems necessary to satisfy all obligations for the payment of withholding taxes. The Committee may permit you to satisfy any federal, state or local tax withholding obligation by any of the means provided in Section 16 of the Plan, including but not limited to the Company withholding from delivery of shares of Common Stock.
Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding, the ultimate liability for all such taxes is and remains your responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any such taxes in connection with the grant, vesting or settlement of your Sign-On RSUs or the subsequent sale of any shares; and (b) does not commit to structure your Sign-On RSUs to reduce or eliminate your tax liability.
This Agreement is intended to comply with Code Section 409A or an exemption thereunder and shall be construed and interpreted in a manner that is consistent with the requirements for avoiding 

additional taxes or penalties under Code Section 409A. Notwithstanding the foregoing, neither the Company nor any Affiliate makes any representations that the payments and benefits provided under this Agreement comply with Code Section 409A and in no event shall the Company nor any Affiliate be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by you on account of non-compliance with Code Section 409A. 
7.Compliance with Law. The issuance and transfer of shares of Common Stock shall be subject to compliance by the Company and you with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company’s shares of Common Stock may be listed. No shares of Common Stock shall be issued or transferred prior to the effective date of the Company’s Form S-8 Registration Statement and unless and until any then applicable requirements of state and federal laws and regulatory agencies have been fully complied with to the satisfaction of the Company and its counsel. 
8.Notices. Any notice required to be delivered to the Company under this Agreement shall be in writing and addressed to the Company’s Chief People Officer at the Company’s principal corporate offices. Any notice required to be delivered to you shall be in writing and addressed to your address as shown in the records of the Company. Either party may designate another address in writing (or by such other method approved by the Company) from time to time.
9.Governing Law. This Agreement will be construed and interpreted in accordance with the laws of the State of Delaware without regard to conflict of law principles.
10.Interpretation. This Agreement is subject to the Plan as approved by the Company’s shareholders. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated by reference. In the event of a conflict between any term or provision contained in this Agreement and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. Either party must submit any dispute regarding the interpretation of this Agreement to the Committee for review. The Committee’s resolution of any dispute is final and binding on both parties.
11.Successors and Assigns. The Company may assign any of its rights under this Agreement. This Agreement will be binding upon and inure to the benefit of the Company’s successors and assigns. Subject to the restrictions on transfer, this Agreement will be binding upon you and your beneficiaries, executors, administrators and the person(s) to whom your Sign-On RSUs may be transferred by will or the laws of descent or distribution.
12.Severability. The invalidity or unenforceability of any provision of the Plan or this Agreement shall not affect the validity or enforceability of any other provision of the Plan or this Agreement, and each provision of the Plan and this Agreement shall be severable and enforceable to the extent permitted by law.
13.Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of your Sign-On RSUs in this Agreement does not create any contractual right or other right to receive any RSUs or other awards in the future. Future awards, if any, will be at the sole discretion of the Company. Any amendment, 

modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of your employment or service with the Company or any Affiliate.
14.Amendment. The Committee has the right to amend, alter, suspend, discontinue or cancel your Sign-On RSUs, prospectively or retroactively; provided, that, no such action shall adversely affect your material rights under this Agreement without regard to this Section 14 without your consent. 
15.No Impact on Other Benefits. The value of your Sign-On RSUs is not part of your normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.
16.Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. Counterpart signature pages to this Agreement transmitted by electronic means will have the same effect as physical delivery of the paper document bearing an original signature.
17.Acceptance. You hereby acknowledge receipt of a copy of the Plan and this Agreement. You have read and understand the terms and provisions the Plan and this Agreement , and accept your Sign-On RSUs subject to all of the terms and conditions of the Plan and this Agreement. 
******Document

Exhibit 10.20

April 29, 2021

Yevgeny Fundler

Dear Yevgeny,

Benson Hill, Inc., a Delaware corporation (“Benson Hill” or the “Company”), is pleased to formally extend you a confidential offer of employment as Chief Legal Officer and Corporate Secretary, reporting to Matt Crisp, President and Chief Executive Officer.

Your first day of employment is targeted to be May 3, 2021. This date will be finalized upon your acceptance of this offer and the successful completion of a background check. In this role, given your knowledge and experience, we believe you will make a significant impact to our organization. We invite you to join our team under the following arrangements:

1.Salary
Your annual salary will be $350,000. We are paid on a bi-weekly basis. This position is considered full-time exempt, meaning you are ineligible for overtime for hours worked more than forty (40) in a given week.

2.Incentive
You are eligible for the 2021 Benson Hill Incentive Plan (paid Q1 2022) at 40% of your annual salary as a target level. Your potential bonus payout will be dependent on both company performance and your individual performance. Payment of this plan will be at the discretion of the Company’s Board of Directors. The bonus payout is prorated based on hire date, and employees starting after October 1, 2021 will not be eligible for the 2021 Incentive Plan payout.

3.Stock Options and Equity Grants
You are eligible to earn certain stock options in accordance with any applicable plan that may be in place from time to time as approved by the Company’s Board of Directors. At present, we anticipate you will be eligible to earn 200,000 stock options, which would vest annually over four (4) years.

Contingent upon public market entry, beginning with the 2022 annual grant cycle (which is expected to be in or around March 2022), you are eligible to receive annual equity awards under the Company’s Long-Term Incentive Plan (LTIP) in the amount of 50% of your annual base salary in effect at the time of the grant and vest over four (4) years.

Further, upon the successful completion of Benson Hill public market entry, you are eligible for a one-time grant in the amount of 66,600 RSUs that vest over five (5) years based on share price growth.

4.Paid Time Off (PTO)
Benson Hill offers a strong paid time-off (PTO) plan which includes eight paid holidays per annum as well as flexible PTO with no cap or accrual. PTO requests must be approved by your direct manager.

5.Benefits
Benson Hill provides a strong benefit package for its employees. You will be eligible for either the same medical, dental, and vision, and other benefits coverage as the U.S. based Benson Hill employees or, if no international coverage is in place at the time of hire, you will be eligible for a regular stipend to cover the equivalent of the company contributions to such coverage. 

6.401(k)
You will be eligible to enroll in our 401(k) plan following 90 days of employment. Under the current plan, Benson Hill matches 100% on the first three percent of your base salary that you contribute, and then matches 50% on the fourth and fifth percent of your base salary, all of which vest immediately.  

7.At-Will Employment
We recognize that you retain the option, as does the Company, of ending your employment with the Company at any time, with or without notice, and with or without cause. As such, your employment with the Company is at-will and neither this letter nor any other oral or written representations may be considered a contract for any specific period of time. 

This offer of employment is contingent upon your submission of original documents verifying your identity and your employment eligibility as required by Federal law, and contingent upon acceptable results of references, a background check and the execution of a Loyalty Agreement.

We feel this offer reflects our interest and dedication to this position and the credentials you possess. We greatly look forward to you joining our team and helping us reach our goals.

Best,

/s/ Matthew B. Crisp
Matthew B. Crisp, CEO

I confirm acceptance of the above terms and conditions outlined in this offer letter. 

/s/ Yevgeny Fundler    4/30/2021
Yevgeny Fundler    Date

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