Document:

SUBSCRIPTION
AGREEMENT

 

ICTV
Brands Inc.

Series
A Preferred Stock

 

1.       Basic
Agreement. I hereby agree to purchase 210,000 shares of Series A Preferred Stock (the “Stock”) of ICTV Brands
Inc. (the “Company”) at a purchase price of US$1.92 per share. In fulfillment of my obligation to make such purchase,
I hereby tender US$403,200.00 as the full subscription amount by wire transfer payable to ICTV Brands Inc.

 

2.       Conditions
to Receipt and Acceptance. This agreement shall be deemed accepted by the Company upon execution of the “Receipt and
Acceptance” below. After that time, I will possess all the rights and powers of a stockholder of the Company as granted
by the Company’s Articles of Incorporation.

 

3.       Representations.
I hereby acknowledge and represent that:

 

(a)       I
am an Accredited Investor because I am (check those applicable):

 

_X_
a natural person with an individual or joint net worth of at least $1,000,000, excluding any equity in my primary residence;

 

___
a natural person with an annual income in excess of $200,000 (or joint income with my spouse in excess of $300,000) in each of
the past two years and expected such income again in the current year;

 

___
an employee benefit plan as defined in the Employee Retirement Income Security Act of 1974, and either (i) the investment decision
is made by a plan fiduciary which is a bank, insurance company or registered investment advisor, or (ii) the total assets of the
benefit plan are in excess of $5,000,000;

 

___
an entity in which all of the equity owners are accredited.

 

(b)       I
have been advised and am aware that the issuance of the Stock will not be registered under the Securities Act of 1933 or any state
securities laws, but will be issued under one or more exemptions from the registration provisions of those laws.

 

(c)       I
have been advised and understand that because the issuance of the Stock will not be registered, I may resell the Stock only in
compliance with an exemption from registration, such as Rule 144 promulgated under the Securities Act of 1933.

 

    	 

     

    

 

 

(d)       I
am familiar with the terms of the Stock. I understand that the Company is a reporting company under the Securities Exchange Act
of 1934 and, as such, files annual, quarterly and other reports with the Securities and Exchange Commission. Such filings can
be reviewed on line at www.sec.gov/edgar, or various other commercial sites. I have reviewed the Company’s most recent
Annual Report on Form 10K, and the Company’s Quarterly Reports on Form 10Q for periods ended after the period covered by
the Company’s most recent Annual Report on Form 10K, and such other filings as I deemed appropriate.

 

(e)       I
understand the risks of an investment in the Stock. I have consulted with an attorney and/or accountant to the extent I deemed
it necessary in reviewing this investment.

 

(f)       I
have had an opportunity to question the principals of the Company as to all matters which I deem material and relevant in my decision
to make an investment in the Stock and have had the opportunity to obtain any and all additional information necessary to verify
the accuracy of the information received or any other supplemental information which I deem relevant to make an informed investment
decision.

 

(g)       I
am purchasing the Stock for my own account, for investment, and not as a nominee for others.

 

(h)       I
am a resident of the Commonwealth of Pennsylvania.

 

IN
WITNESS WHEREOF, I have executed this Agreement on May 2, 2018.

 

How
Units are to be held:

 

	[X] Individual	KELVIN CLANEY
	[   ] Tenants by the Entirety	 	 
	[   ] Joint Tenants WROS	 
	[   ] Corporation	
	[  ] Limited Liability Company	Signature of Subscriber

 

RECEIPT
AND ACCEPTANCE

 

ICTV
Brands Inc. hereby acknowledges receipt from the subscriber of $403,200.00 as payment in full for 210,000 Shares of Series A Preferred
Stock and accepts such applicant’s above subscription.

 

ICTV
BRANDS INC.

 

 

By:
Ernest P. Kollias, Jr.

Ernest
P. Kollias, Jr., CFOEX-10.3

 EXHIBIT 10.3 

							
	 

  
	  	 CEO EVALUATION-BASED 

INCENTIVE AGREEMENT
  

 

							
	GRANTED TO	  	GRANT DATE	  	AMOUNT OF AWARD ($)	  	
SOCIAL

        SECURITY NUMBER        

	 	 	 	 
	 [Name]

 
 [Street]
  

[City], [State] [Postal]
  
	  	    /    /20    	  	 Target Amount:
                
  

Maximum Amount:                 
	  	[SSN]

  

	1.	This Agreement. This agreement, together with Exhibit A (collectively, the “Agreement”), sets forth the terms and conditions of a performance award representing the right to receive a
deferred cash payment from Apogee Enterprises, Inc., a Minnesota corporation (the “Company”). 

  

	2.	Performance Period. The “Performance Period” shall be fiscal year 20    . 

  

	3.	Determination. Subject to the terms and conditions of this Agreement, the amount of cash that becomes payable to the Employee pursuant to this Performance Award (the “Cash Value”) will be based
upon the average rating of the annual performance evaluation conducted by the Company’s Board of Directors. The Cash Value may be more or less than the target amount set forth above, but in no event may the Cash Value exceed the maximum amount
set forth above. 

 The determination of the Cash Value amount will occur as soon as practicable after the Committee
determines, in its sole discretion after the end of the Performance Period, whether, and the extent to which, the performance conditions have been achieved (the “Determination Date”). As soon as administratively feasible following
the Determination Date (but in no event later than 75 days following the end of the Performance Period), the Company shall credit the Cash Value to a notional account established under the Apogee Enterprises, Inc. 2011 Deferred Compensation Plan
(the “Deferred Compensation Plan”) (the “LTI Account”). Thereafter, the LTI Account shall be credited with earnings, gains or losses in accordance with the terms of the Deferred Compensation Plan. All amounts credited to the LTI
Account shall remain subject to forfeiture pending the Employee remaining in employment with the Company through April 28, 2019 (the “Retention Period”), except as provided in paragraphs 4, 5 and 6 below. 

 

	4.	Termination of Employment. In the event the Employee’s employment is terminated prior to the end of the Retention Period, this Performance Award and any LTI Account under the Deferred Compensation Plan shall
be immediately and irrevocably forfeited, unless the Employee’s employment is terminated under the circumstances described below. 

In the event the Employee’s employment is terminated prior to the end of the Retention Period by reason of Disability (as defined below)
or death (each, a “Qualifying Termination”), the Retention Period shall end on the date of the Qualifying Termination. In the event the Employee incurs a Qualifying Termination before the end of the Performance Period, the LTI Account
shall be credited with a pro-rata portion (based on the amount of time elapsed between the beginning of the Performance Period and the date of termination) of the Cash Value determined under paragraph 3 above.
“Disability” shall mean any physical or mental condition which would qualify the Employee for a disability benefit under any long-term disability plan maintained by the Company or any Affiliate then employing the Employee. 

 

	5.	Change in Control. Upon a Change in Control (as defined in the Apogee Enterprises, Inc. 2009 Stock Incentive Plan, as amended and restated (2011)), the Retention Period shall end on the date of the Change in
Control. 

  

	6.	Recoupment. Employee acknowledges, understands and agrees that, notwithstanding anything to the contrary contained herein, the LTI Account to which Employee is otherwise entitled (or which has become vested or
been paid) is subject to forfeiture or recoupment, in whole or in part, at the direction of the Company’s Board of Directors (the “Board”) if, in the judgment of the Board, events have occurred that are covered by the Company’s
Clawback Policy (as it exists on the date hereof, and as it may be amended from time to time by the Board, the “Clawback Policy”) and the Board further determines, in its sole discretion, that forfeiture or recoupment of all or part of the
LTI Account is appropriate under all of the circumstances considered by the Board. A copy of the Clawback Policy may be obtained from the Company’s General Counsel upon the Employee’s request. 

  
 1 

	7.	Payment. The vested LTI Account shall be paid to the Employee in accordance with the terms of the Deferred Compensation Plan; provided, that if the deferral under the Deferred Compensation Plan may not be given
effect under section 409A of the Internal Revenue Code, then the vested LTI Account shall be paid in a lump sum no later than March 15th of the calendar year following the year in which the right
to the LTI Account is no longer subject to a substantial risk of forfeiture. 

  

	8.	Restrictions on Transfer. Neither this Performance Award, nor any right with respect to this Performance Award under this Agreement, may be sold, assigned, transferred or pledged, other than by will or the laws
of descent and distribution, and any such attempted transfer shall be void. 

  

	9.	Income Taxes. The Employee is liable for any federal, state and local income or other taxes applicable upon the grant of this Performance Award and the receipt of any payments pursuant to this Performance Award,
and the Employee acknowledges that he or she should consult with his or her own tax advisor regarding the applicable tax consequences. The Company will satisfy any applicable tax withholding obligations arising from any payment of this Performance
Award by withholding a portion of the cash otherwise to be delivered equal to the amount of such taxes. 

  

	10.	Acknowledgment. This Performance Award shall not be effective until the Employee dates and signs the form of Acknowledgment below and returns a signed copy of this Agreement to the Company. By signing the
Acknowledgment, the Employee agrees to the terms and conditions of this Agreement and the Deferred Compensation Plan. 

  

							
		 		 	 APOGEE ENTERPRISES, INC.

	 ACKNOWLEDGMENT:
	 		 	
			
	 	 		 	 By:
  

	 EMPLOYEE’S SIGNATURE
	 		 		 	 [Name]

		 		 		 	 [Title]

	 	 		 		 	
	 DATE
	 		 		 	
		 		 		 	
	 	 		 		 	 
	 SOCIAL SECURITY NUMBER
	 		 		 	 DATE

  
 2 

 EXHIBIT A 

PERFORMANCE GOALS UNDER THE 

CEO EVALUATION-BASED 

INCENTIVE AGREEMENT 

Fiscal 20     Evaluation Criteria 
  

			
	  

Evaluation Criteria
  
	  	  

Weighting
  

	 	  	 
	 	  	 
	 	  	 
	 	  	 

  
 A-1

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