Document:

Form of Restricted Stock Award Agreement

 Exhibit 10.11 

STEIN MART, INC. 
 2001
OMNIBUS PLAN 
 RESTRICTED STOCK AWARD AGREEMENT 

(KEY EMPLOYEES AND ADVISORS) 

THIS RESTRICTED STOCK AWARD AGREEMENT (KEY EMPLOYEES AND ADVISORS) (the “Award Agreement”) is made and entered
into as of the date set forth on the signature page hereof (the “Grant Date”) by and between STEIN MART, INC., a Florida corporation (“Company”), and the Participant whose signature is set forth
on the signature page hereof (the “Participant”). 
 W I T N E S S E T H 

WHEREAS, the Company has adopted the Stein Mart, Inc. 2001 Omnibus Plan, as amended and restated effective June 21, 2016 (the
“Plan”), the terms of which, to the extent not stated herein, are specifically incorporated by reference in this Award Agreement; 

WHEREAS, the purpose of the Plan is to permit Awards under the Plan to be granted to certain Participants of the Company and its
Affiliates and to further specify the terms and conditions under which such individuals may receive such Awards; 
 WHEREAS, the
Participant is now employed or otherwise engaged in an officer, management or advisory capacity, and the Company desires him or her to remain in such capacity to secure or increase his or her ownership of shares of the Company’s common stock in order to increase his or her incentive and personal interest in the success and growth of the Company; and 

WHEREAS, defined terms used herein and not otherwise defined herein shall have the meanings set forth in the Plan. 

NOW, THEREFORE, in consideration of the premises and of the covenants and agreements herein set forth, the parties hereto hereby
mutually covenant and agree as follows: 
 1.     Restricted Stock Grant. Subject to the terms and
conditions set forth herein, the Company hereby grants to the Participant the number of Shares of Restricted Stock set forth on the signature page hereof. 

2.    Nontransferability of Shares. The Shares of Restricted Stock are not transferable other than by
will or by the laws of descent and distribution. 
 3.    Grant and Vesting. 

(a) Except as otherwise provided herein, provided that the Participant remains employed by the Company on such date (each, a “Vesting
Date”), the Shares of Restricted Stock subject to this Award Agreement shall vest in accordance with the following schedule (the “Service Condition”): 

 

			
	Grant Date Anniversary	  	Percentage of Restricted Stock Vesting
	 3rd Anniversary
	  	33%
	 4th Anniversary
	  	33%
	 5th Anniversary
	  	34%

  
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 (b) The foregoing vesting schedule notwithstanding, the Committee (or the Board, with respect to
Awards to Advisor Participants who are also Non-Employee Directors) has determined that if a Participant’s employment with the Company is terminated
due to death, Disability (as defined below), retirement on or after the Participant’s 62nd birthday, or termination within twenty-four
(24) months following a Change of Control (each, a “Termination Event”)), then the Service Condition shall be deemed to have been met as to the number of Shares of Restricted Stock equal to the percentage of the total Service
Condition which has been met as of the Termination Event. By way of example, if a Participant dies 18 months following the Grant Date of the Award, then the Participant (or the Participant’s
estate) will receive 30% of the Shares of Restricted Stock that would otherwise have vested upon satisfaction of the Service Condition (18 months being equal to 30% of 60 months). 

(c) For purposes of this Award Agreement, “Disability” shall mean that the Participant is unable to engage in any substantial
gainful activity by reason of any medically determinable physical or mental impairment. The determination of whether a Participant has a Disability shall be determined under procedures established by the Committee. The Committee may rely on any
determination that a Participant is disabled for purposes of benefits under any long-term disability plan maintained by the Company or any Affiliate in which a Participant participates; provided, however, that, if any Award is subject to Code
Section 409A, Disability shall only be given effect to the extent consistent with a “disability” as defined under Code Section 409A. 

4.     Certificate Issued. The certificate(s) evidencing the Shares of Restricted Stock that are the
subject of this Award Agreement are being currently issued, but are subject to forfeiture until they vest as provided in Section 3 above and will be treated as outstanding unless and until a forfeiture occurs. 

5.     Rights As Shareholder; No Right to Continued Employment. The Participant shall have the rights
as a holder of the Shares of Restricted Stock until and unless and to the extent the Shares of Restricted Stock are forfeited and cancelled as provided in Section 3 above; provided, however, that dividends otherwise payable with respect to such
Shares of Restricted Stock shall accrue and not be paid unless and until the vesting of the Shares of Restricted Stock with respect to which such dividends have accrued. Neither the Plan nor this Award Agreement shall confer upon the Participant any
right to be retained in any position, including as a Key Employee or Advisor of the Company. Further, nothing in the Plan or in this Award Agreement shall be construed to limit the authority of the Company to terminate the Participant at any time,
with or without cause. 

  
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 6.    Tax Withholding. 

(a)    It shall be a condition of the Award of the Shares of Restricted Stock provided herein that the Participant, and the
Participant hereby acknowledges and agrees, shall pay to the Company upon its demand, such amount as may be requested by the Company for the purpose of satisfying its liability to withhold federal, state, or local income, employment or other taxes
incurred by reason of the Award provided herein or upon the vesting of the Shares of Restricted Stock. The Company has the right to withhold any such taxes from any compensation paid to a Key Employee Participant to the extent permitted by Section
409A of the Code. The amount that will be due from the Participant, if any, will be determined at the time the risk of forfeiture is removed and vesting occurs, or if a Section 83(b) election (discussed below) is made, as of the Grant Date. 

(b)    In the event that a Section 83(b) election is not made, the Participant may elect to have the Company withhold that
number of Shares of Restricted Stock otherwise deliverable to the Participant upon the vesting of the Shares of Restricted Stock or to deliver to the Company a number of Shares registered in the name of the Participant, in each case having a Fair
Market Value on the Vesting Date equal to the maximum individual statutory rate in the Participant’s jurisdiction for taxes required to be withheld as a result of the vesting of the Shares of Restricted Stock. The election must be made
in writing and must be delivered to the Company prior to the Vesting Date of the Shares of Restricted Stock. If the number of Shares so determined shall include a fractional Share, the Participant shall deliver cash in lieu of such fractional Share.
All elections shall be made in a form approved by the Committee (or the Board, with respect to Awards to Advisor Participants who are also Non-Employee Directors) and shall be subject to disapproval, in whole
or in part, by the Committee (or the Board) in its sole discretion. 
 (c)    The Participant has reviewed with the
Participant’s own tax advisors the federal, state, local and foreign tax consequences of the transactions contemplated by this Award Agreement. The Participant is relying solely on such advisors and not on any statements or representations of
the Company or any of its agents. The Participant understands that the Participant (and not the Company) shall be responsible for the Participant’s own tax liability that may arise as a result of the transactions contemplated by this Award
Agreement. The Participant understands that Section 83 of the Internal Revenue Code of 1986, as amended (the “Code”), taxes as ordinary income the fair market value of the Shares of Restricted Stock as of the date the
restrictions on the Shares lapse. In this context, “restriction” includes the Service Condition set forth in Section 3 hereof. The Participant understands that the Participant may elect to be taxed at the time the Shares of Restricted
Stock are granted under this Award Agreement rather than when they become vested and no longer subject to a substantial risk of forfeiture by filing an election under Section 83(b) of the Code with the I.R.S. within 30 days of the Grant Date. 

THE PARTICIPANT ACKNOWLEDGES THAT IT IS THE PARTICIPANT’S SOLE RESPONSIBILITY AND NOT THE COMPANY’S TO TIMELY FILE THE ELECTION
UNDER SECTION 83(b) WITHIN 30 DAYS OF THE GRANT DATE, EVEN IF THE PARTICIPANT REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON THE PARTICIPANT’S BEHALF. THE PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT IT IS THE
PARTICIPANT’S SOLE RESPONSIBILITY TO NOTIFY THE COMPANY OF THE PARTICIPANT’S DECISION SO THE COMPANY CAN ACCOUNT FOR THE SHARES APPROPRIATELY. 

7.     Powers of Company Not Affected. The existence of the Shares of Restricted Stock shall not
affect in any way the right or power of the Company or its shareholders to make or 

  
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authorize any combinations, subdivision or reclassification of the Shares or any reorganization, merger, consolidation, business combination, exchange of Shares, or other change in the Company’s capital structure or its business, or any issue of bonds, debentures or stock having rights or preferences equal, superior or affecting the Restricted Stock or the rights thereof or dissolution
or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise. 

8.     Interpretation by Committee. The Participant agrees that any dispute or disagreement which may
arise in connection with this Award Agreement shall be resolved by the Committee (or the Board, with respect to Awards to Advisor Participants who are also Non-Employee Directors), in its sole discretion, and
that any interpretation by the Committee of the terms of this Award Agreement or the Plan and any determination made by the Committee under this Award Agreement or the Plan may be made in the sole discretion of the Committee and shall be final,
binding, and conclusive. Any such determination need not be uniform and may be made differently among Participants awarded Shares of Restricted Stock. In the event of a conflict between any term or provision contained herein and a term or provision
of the Plan, the applicable terms and provisions of the Plan shall govern and prevail. 
 9.    Compliance
with Law. The issuance and/or transfer of the Shares of Restricted Stock shall be subject to compliance by the Company and the Participant 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 may be listed. No Shares shall be issued pursuant to this Award Agreement unless and until any then applicable requirements of state or federal laws and regulatory
agencies have been fully complied with to the satisfaction of the Company and its counsel. The Participant understands that the Company is under no obligation to register the Shares of Restricted Stock with the Securities and Exchange Commission or
any state securities commission or to list the Shares of Restricted Stock on any stock exchange to effect such compliance. 

10.     Miscellaneous.  

(a)    This Award Agreement shall be governed and construed in accordance with the laws of the State of Florida applicable
to contracts made and to be performed therein between residents thereof. 
 (b)    This Award Agreement may not be
amended or modified except by the written consent of the parties hereto. 
 (c)    The captions of this Award Agreement
are inserted for convenience of reference only and shall not be taken into account in construing this Award Agreement. 

(d)    Any notice, filing or delivery hereunder or with respect to the Award of Shares of Restricted Stock shall be given
to the Participant at either his usual work location or his home address as indicated in the records of the Company and shall be given to the Committee (or the Board, with respect to Awards to Advisor Participants who are also Non-Employee Directors) or the Company at 1200 Riverplace Boulevard, Jacksonville, Florida 32202, Attention Corporate Secretary. All such notices shall be given by first class mail, postage prepaid, or by personal
delivery. 

  
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 (e)    This Award Agreement shall be binding upon and inure to the benefit of
the Company and its successors and assigns and shall be binding upon and inure to the personal benefit of the Participant, any beneficiary and the personal representative(s) and heirs of the Participant. 

(f)    This Award 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 Award Agreement transmitted by facsimile transmission, by electronic mail or by any other electronic means will have the same effect as physical delivery of
the paper document bearing an original signature. 
 (g)    The Participant hereby acknowledges receipt of a copy of the
Plan and this Award Agreement. The Participant has read and understands the terms and provisions thereof, and accepts the Option subject to all of the terms and conditions of the Plan and this Award Agreement. 

IN WITNESS WHEREOF, the Company has caused this Award Agreement to be executed by its duly authorized officer, and the Participant has
hereunto affixed his hand, all on the day and year set forth below. 
  

			
		 	STEIN MART, INC.
		
	By:	 	 

  

	D. Hunt Hawkins – Chief Executive Officer
		
		 	PARTICIPANT
	
	 Signed Electronically

	Name	 	

 No. of Shares of Restricted Stock:        # of Shares Granted 

Grant Date:        Grant
Date                                         
          

  
 5Form of Performance Share Award Agreement

 Exhibit 10.12 

STEIN MART, INC. 
 2001
OMNIBUS PLAN 
 PERFORMANCE SHARE AWARD AGREEMENT 

THIS AGREEMENT is made and entered into as of the date set forth on the signature page hereof (the “Grant Date”) by and between STEIN MART, INC., a Florida corporation (“Company”), and the Participant whose
signature is set forth on the signature page hereof (the “Participant”). 

W I T N E S S E T H 

WHEREAS, the Company has adopted the Stein Mart, Inc. 2001 Omnibus Plan
(“Omnibus Plan”) and the Stein Mart 2016-2018 Long Term Incentive Compensation Plans (the “Incentive Plans” and together with the Omnibus, the “Plans”), the terms of both of which, to the extent not stated herein, are specifically incorporated by reference in this Agreement; 

WHEREAS, the purpose of the Plans is to permit Awards under the Incentive Plans to be granted to certain Participants of the Company
and its Affiliates and to further specify the terms and conditions under which such individuals may receive such Awards; 
 WHEREAS,
the Participant is now employed in an officer, management or advisory capacity and the Company desires him or her to remain in such capacity, to secure or increase his or her ownership of shares of the Company’s common stock in order to increase his or her incentive and personal interest in the success and growth of the Company; and 

WHEREAS, defined terms used herein and not otherwise defined herein shall have the meanings set forth in the Plans. 

NOW, THEREFORE, in consideration of the premises and of the covenants and agreements herein set forth, the parties hereby mutually
covenant and agree as follows: 
 1.     Performance Share Grant. Subject to the terms and
conditions set forth herein, the Company hereby grants to the Participant the number of performance shares (the “Performance
Shares’) of the Company’s common stock set forth on the signature page hereof, at the value per Share set forth on the signature page hereof. . 

2.     Nontransferability of Shares. The Performance Shares are not transferable other than by will
or by the laws of descent and distribution. 
 3.     Grant and Vesting. 

(a) The Performance Shares will be earned by the Participant (subject to Vesting), as provided below only as, when and to the extent the “Performance Goals” (defined in the Incentive Plans) are met as of the end of the three year period of 2016-2018 Plan Years (the “Award Date”). If the Performance Goals are not met, than the Performance Shares granted herein shall lapse and be of no
further force or effect. 

 (b) In addition, the Performance Shares subject to this Grant shall Vest as follows (the “Service Condition”): One hundred percent (100%) of such Performance Shares shall vest upon the Award Date if the Participant
receiving such award remains employed by the Company on the Award Date. Notwithstanding the foregoing, if a Participant’s employment with the Company is terminated because of a Termination
Event (as defined in the Incentive Plan relating to death, disability, retirement at or after the Participant’s 62nd birthday, or
termination within a certain time following a Change of Control), then the Service Condition shall be deemed to have been met as to a portion of the unvested Performance Shares as equals the percent of the Service Condition which has been met as of
the Termination Event. By way of example, if a Participant dies 12 months following the Award Date of the Participation Award, then the Participant (or the Participant’s estate) will receive
1/3rd of the Performance Shares which would otherwise have Vested upon satisfaction of the Service Condition (12 months as a percent of 36 months). 

4.     Certificate Issued. The certificate(s) evidencing the Performance Shares that are the subject
of this Grant will be issued only upon satisfaction of the appropriate Performance Goals and shall not be treated as outstanding until the satisfaction of such condition. 

5.     Rights As Stockholder. The Participant shall have no rights as a holder of the Performance
Shares until and unless and to the extent the Performance Shares are deemed to have been issued on the Award Date based on the Performance Goals achieved, subject, however to forfeiture to the extent such Performance Shares do not Vest. 

6.     Tax Withholding. 

(a)    It shall be a condition of the Grant of the Performance Shares provided herein that the Participant, and the
Participant agrees, that the Participant shall pay to the Company upon its demand, such amount as may be requested by the Company for the purpose of satisfying its liability to withhold federal, state, or local income, employment or other taxes
incurred by reason of the Grant provided herein or the Vesting thereof. The amount that will be due from the Participant, if any, will be determined at the time the risk of forfeiture is removed and Vesting occurs. 

(b)    The Participant has reviewed with the Participant’s own tax advisors the federal, state, local and foreign tax
consequences of the transactions contemplated by this Agreement. The Participant is relying solely on such advisors and not on any statements or representations of the Company or any of its agents. The Participant understands that the

  
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Participant (and not the Company) shall be responsible for the Participant’s own tax liability that may arise as a result of the transactions contemplated by this Agreement under the
Internal Revenue Code of 1986, as amended (the “Code”) which taxes as ordinary income the fair market value of the Performance Shares as of the Award Date. 

7.    Powers of Company Not Affected. The existence of the Performance Shares shall not affect in any
way the right or power of the Company or its stockholders to make or authorize any combinations, subdivision or reclassification of the Shares or any reorganization, merger, consolidation, business combination, exchange of Shares, or other change in
the Company’s capital structure or its business, or any issue of bonds, debentures or stock having rights or preferences equal, superior or affecting the Option Stock or the rights thereof or
dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise. Nothing in this Agreement shall confer upon the
Participant any right to continue in the employment of the Company or any Affiliate, or interfere with or limit in any way the right of the Company or any Affiliate to terminate the Participant’s employment at any time. 

8.     Interpretation by Committee. The Participant agrees that any dispute or disagreement which may
arise in connection with this Agreement shall be resolved by the Committee, in its sole discretion, and that any interpretation by the Committee of the terms of this Agreement or the Plan and any determination made by the Committee under this
Agreement or the Plan may be made in the sole discretion of the Committee and shall be final, binding, and conclusive. Any such determination need not be uniform and may be made differently among Participants awarded Option Stock. 

9.     Miscellaneous. (a) This Agreement shall be governed and construed in accordance with the
laws of the State of Florida applicable to contracts made and to be performed therein between residents thereof. 

(a)    This Agreement may not be amended or modified except by the written consent of the parties hereto. 

(b)    The captions of this Agreement are inserted for convenience of reference only and shall not be taken into account
in construing this Agreement. 
 (c)    Any notice, filing or delivery hereunder or with respect to Performance Shares
shall be given to the Participant at either his usual work location or his home address as indicated in the records of the Company, and shall be given to the Committee or the Company at 1200 Riverplace Boulevard, Jacksonville, Florida 32202,
Attention Corporate Secretary. All such notices shall be given by first class mail, postage prepaid, or by personal delivery. 

  
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 (d) This Agreement shall be binding upon and inure to the benefit of the Company and its
successors and assigns and shall be binding upon and inure to the personal benefit of the Participant, the Beneficiary and the personal representative(s) and heirs of the Participant. 

IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer, and the Participant has hereunto
affixed his hand, all on the day and year set forth below. 
  

			
	STEIN MART, INC.
		
	By:	 	 

  

	
D. Hunt Hawkins – President and Chief Operating Officer

	
	 Signed Electronically

	Name

  

	
	No. of Performance Shares:     # of Shares Granted
	
	Grant Date: Grant Date
	
	Per Share Value: $ Grant Price

  
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