Document:

Employees Restricted Stock Award Agreement

 Exhibit 10.4 
  
 SYNTROLEUM CORPORATION 
 2005 STOCK INCENTIVE PLAN 
  
 EMPLOYEE RESTRICTED STOCK AWARD AGREEMENT 
  
 THIS
AGREEMENT (“Agreement”), made as of the * day of * 2005 (the “Grant Date”), evidences an award by Syntroleum Corporation, a Delaware corporation (the “Company”) to * (the “Grantee”) pursuant to the 2005 Stock
Incentive Plan (the ”Plan”). Capitalized terms used and not otherwise defined herein shall have the meaning ascribed thereto in the Plan. 
  
 1. Grant of Restricted Stock Award. Effective as of the Grant Date, pursuant to Section 8 of the Plan, the Company has awarded to the Grantee a
Restricted Stock Award with respect to * shares of Common Stock, subject to the conditions and restrictions set forth below and in the Plan (the “Restricted Stock”). 
  
 2. Restrictions. The Restricted Stock granted hereunder to the Grantee may not be sold, assigned, transferred,
pledged or otherwise encumbered from the Grant Date until the date that the Grantee obtains a vested right to the shares (and the restrictions thereon terminate) in accordance with the provisions of this Section 2. The Grantee shall have a vested
right to one-third (1/3) of the shares of Restricted Stock as of the first anniversary of the Grant Date, and shall have a vested right to an additional one-third (1/3) of the Restricted Stock as of the second anniversary of the Grant Date, and to
the remaining one-third (1/3) of the Restricted Stock as of the third anniversary of the Grant Date, provided that the Grantee has been in continuous service as an employee since the Grant Date as of the date the relevant portion of the Restricted
Shares are scheduled to vest. Notwithstanding the foregoing: 
  

	 	(a)	Grantee shall have a vested right to all of the Restricted Stock upon a termination of Grantee’s service as an employee due to death, disability or retirement; and

  

	 	(b)	Grantee shall have a vested right to all of the Restricted Stock upon a Change in Control. 

  
 The period of time between the Grant Date and the date that the Grantee obtains a vested right to the Restricted Stock shall be referred to
herein as the “Restricted Period” as to those shares. In the event that any day on which the Grantee would otherwise obtain a vested right to the Restricted Stock is a Saturday, Sunday or holiday, the Grantee shall instead obtain that
vested right on the first business day immediately following such date. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of this Agreement. For purposes of this Agreement, an authorized
leave of absence shall be an absence while Grantee is on military leave, sick leave, or other bona fide leave of absence so long as Grantee’s right to employment with the Company is guaranteed by statute, contract, or company policy. Whether
the Grantee’s employment terminates due to “disability” or “retirement” for purposes of this Agreement will be determined by the Nominating and Compensation Committee of the Company’s Board of Directors (the
“Committee”) in its discretion. 
  
 3. Forfeiture.
If Grantee’s employment terminates under circumstances other than those provided in Section 2 prior to all or a portion of the Restricted Stock having become vested pursuant to the provisions of Section 2, the Grantee shall forfeit all
right to the Restricted Stock which has not yet vested as of the date of termination of employment. Such forfeiture shall apply to Beneficiaries (as defined below) as well as the Grantee. 
  
 4. Book Entry. During the Restricted Period, the Restricted Stock Award shall be evidenced by entry to an unfunded
bookkeeping account maintained by the Company and no certificate evidencing such shares shall be issued to the Grantee. Upon termination of the Restricted Period with 

 
Syntroleum - Employee Restricted Stock Award Agreement 
 CONFIDENTIAL 
  
 respect to any portion of
the Restricted Stock, a certificate representing the shares of Common Stock which have vested shall be issued and delivered upon written request to the Grantee as promptly as is reasonably practicable following such termination. 
  
 5. Beneficiary Designations. Pursuant to Section 10 of the Plan, the
Grantee shall file with the Company on such form as may be prescribed by the Company, a designation of one or more beneficiaries and, if desired, one or more contingent beneficiaries (each referred to herein as a “Beneficiary”) to whom
shares of Common Stock otherwise due the Grantee under the terms of this Agreement shall be distributed in the event of the death of the Grantee. The Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time;
provided, however, that any change shall not become effective until received in the Grantee’s handwriting by the Committee. If there is no effective Beneficiary designation on file at the time of the Grantee’s death, or if
the designated Beneficiary or Beneficiaries have all predeceased such Grantee, the payment of any remaining benefits under this Agreement shall be made to the personal representative or executor of the Grantee’s estate. If one or more but not
all the Beneficiaries have predeceased such Grantee, the benefits under this Agreement shall be paid according to the Grantee’s instructions in his designation of Beneficiaries. If the Grantee has not given instructions, or if the instructions
are not clear, the benefits under this Agreement which would have been paid to the deceased Beneficiary or Beneficiaries will be paid to the personal representative or executor of Grantee’s estate.  
  
 6. Nonalienation of Benefits. Except as contemplated by Section 5
above, no right or benefit under this Agreement shall be subject to transfer, anticipation, alienation, sale, assignment, pledge, encumbrance or charge, whether voluntary, involuntary or by operation of law, and any attempt to transfer, anticipate,
alienate, sell, assign, pledge, encumber or charge the same shall be void. No right or benefit hereunder shall in any manner be liable for or subject to any debts, contracts, liabilities or torts of the person entitled to such benefits. If the
Grantee or the Grantee’s Beneficiary hereunder shall become bankrupt or attempt to transfer, anticipate, alienate, assign, sell, pledge, encumber or charge any right or benefit hereunder, other than as contemplated by Section 5 above, or if any
creditor shall attempt to subject the same to a writ of garnishment, attachment, execution, sequestration or any other form of process or involuntary lien or seizure, then such right or benefit shall cease and terminate. 
  
 7. Prerequisites to Benefits. Neither the Grantee, nor any person
claiming through the Grantee, shall have any right or interest in Restricted Stock awarded hereunder, unless and until all the terms, conditions and provisions of this Agreement and the Plan which affect the Grantee or such other person shall have
been complied with as specified herein. 
  
 8. Issuance and
Delivery of Shares. The Company shall not be obligated to issue or deliver any shares of Common Stock if counsel to the Company determines that such issuance or delivery would violate any applicable law or any rule or regulation of any
governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. If necessary to comply with any such law, rule, regulation or agreement,
the Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock. 
  
 9. Rights as a Stockholder. The Grantee (or Beneficiary) shall have no rights as a stockholder with respect to the shares of Common Stock
represented by the Restricted Stock unless and until all the terms, conditions and provisions of this Agreement and the Plan which affect the Grantee or such other person shall have been complied with as specified herein, and certificates evidencing
such shares are issued and delivered to the Grantee or an alternative method of transferring to Grantee ownership of such shares has been completed pursuant to Section 4 hereof. Notwithstanding the foregoing, each time that a cash dividend is paid
out with respect to shares of Common Stock, Grantee shall receive a cash payment equal to the amount of the cash dividends Grantee would have received had all the shares of Restricted Stock been issued and outstanding as of such date. 
  

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 Syntroleum - Employee Restricted Stock Award Agreement 
 CONFIDENTIAL 
  
 10. Taxes. The Company shall have the right to withhold an appropriate amount of cash or number of shares of Common Stock, or combination thereof,
for payment of taxes or other amounts required by law or to take such action as may be necessary in the opinion of the Company to satisfy all obligations for withholding of taxes. Withholding may be satisfied by the transfer to the Company of shares
of Common Stock theretofore owned by the Grantee, subject to such terms and conditions as the Committee shall prescribe. 
  
 11. Adjustments. As provided in the Plan, certain adjustments may be made to the Restricted Stock upon the occurrence of events or circumstances
described in Section 19 of the Plan. 
  
 12. Notice. Unless
the Company notifies the Grantee in writing of a different procedure, any notice or other communication to the Company with respect to this Agreement shall be in writing and shall be delivered personally or by first class mail, postage prepaid to
the following address: 
  
 Syntroleum Corporation 
 c/o Corporate Secretary 
 4322 South 49th
West Avenue 
 Tulsa, Oklahoma 74107 
  
 Any notice or other communication to the Grantee with respect to this Agreement shall be in writing and shall be delivered personally, or shall be sent by first class
mail, postage prepaid, to Grantee’s address as listed in the records of the Company on the Grant Date, unless the Company has received written notification from the Grantee of a change of address. 
  
 13. Amendment. Without the consent of the Grantee, this Agreement may
be amended or supplemented (i) to cure any ambiguity or to correct or supplement any provision herein which may be defective or inconsistent with any other provision herein, or (ii) to add to the covenants and agreements of the Company for the
benefit of Grantee or to add to the rights of the Grantee or to surrender any right or power reserved to or conferred upon the Company in this Agreement, subject, however, to any required approval of the Company’s stockholders
and, provided, in each case, that such changes or corrections shall not adversely affect the rights of Grantee with respect to the Award evidenced hereby without the Grantee’s consent, or (iii) to make such other changes as the Company,
upon advice of counsel, determines are necessary or advisable because of the adoption or promulgation of, or change in or of the interpretation of, any law or governmental rule or regulation, including any applicable federal or state securities
laws. 
  
 14. Grantee Employment. Nothing contained in this
Agreement, and no action of the Company or the Committee with respect hereto, shall confer or be construed to confer on the Grantee any right to continue as an employee of the Company. 
  
 15. Governing Law. This Agreement shall be governed by, and construed in accordance with, the internal laws of the
State of Oklahoma. 
  
 16. Construction. References in this
Agreement to “this Agreement” and the words “herein,” “hereof,” “hereunder” and similar terms include the Plan. The headings of the Sections of this Agreement have been included for convenience of reference
only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms or provisions hereof. 
  

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 Syntroleum - Employee Restricted Stock Award Agreement 
 CONFIDENTIAL 
  
 17. Relationship to the Plan. In addition to the terms and conditions described in this Agreement, grants of Restricted Stock are subject to all
other applicable provisions of the Plan. The decisions of the Committee with respect to questions arising as to the interpretation of the Plan, or this Agreement and as to finding of fact, shall be final, conclusive and binding. 
  

			
	SYNTROLEUM CORPORATION
		
	 By
	 	  

	 Name:
	 	*
	 Title:
	 	*
	
	GRANTEE
	
	
 *

  

 4Advisory Agreement with The November Group

 Exhibit 10.18 
  
 ADVISORY AGREEMENT 
  
 THIS ADVISORY AGREEMENT (the “Agreement”) is made and entered into this 29th day of June, 2005, by and between The November Group Ltd.
(the “Advisor”) and BlastGard International, Inc. (the “Company”). 
  
 WHEREAS, the Advisor is willing and capable of providing various advisory services, hereinafter defined, for and on behalf of the Company; and 
  
 WHEREAS, the Company desires to retain the Advisor as an independent advisor and the Advisor desires to be retained
in that capacity upon the terms and conditions hereinafter set forth. 
  
 NOW, THEREFORE, in consideration of the mutual promises and agreements hereinafter set forth, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  
 1. Advisory Services. The Company hereby retains the Advisor as an
independent advisor to the Company and the Advisor hereby accepts and agrees to such retention. The Advisor shall render to the Company such services as set forth on Exhibit A, attached hereto and by reference incorporated herein. 

 
 2. Time, Place and Manner of Performance. The Advisor shall be
available for advice and counsel to Company and representatives and agents of the Company at such reasonable and convenient times and places as may be mutually agreed upon. Except as aforesaid, the time, place and manner of performance of the
services hereunder, including the amount of time to be allocated by the Advisor to any specific service, shall be determined in the sole discretion of the Advisor. 
  
 3. Term of Agreement. The Term of this Agreement shall commence on the date of this Agreement and shall continue for
36 months, unless terminated earlier pursuant to the provisions herein. The Term of this Agreement may be extended as mutually agreed by the parties. 
  
 4. Compensation. In full consideration of the services to be provided for the Company by the Advisor, as fully set forth in Exhibit A, upon
execution of this Agreement, the Company agrees to compensate Advisor in the manner set forth on Exhibit B. 
  
 5. Expenses. The Company shall reimburse the Advisor for reasonable and necessary expenses incurred in connection with the provision of services
under this Agreement, such as travel, courier, long distance telephone, printing or similar out-of-pocket expenses, upon presentation by Advisor of an itemized account of such expenditures. Expenses in excess of $200 must be pre-approved by the
Company. 
  
 6. Termination. This Agreement may be
terminated at any time by either party, with or without cause, by delivery of written notice of termination by the terminating party to the non-terminating party. The termination date shall be effective 60 days after receipt of said written notice
of termination. 
  
 7. Confidentiality. The Advisor
recognizes and acknowledges that it has and will have access to certain confidential information of the Company and its affiliates that are valuable, special and unique assets and property of the Company and such affiliates. The Advisor will not,
during or after the 
  

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 Term of this Agreement, disclose, without the prior written consent or authorization of the Company, any of such
information to any person, except to authorized representatives of the Advisor or his affiliates, for any reason or purpose whatsoever. In this regard, the Company agrees that such authorization or consent to disclosure may be conditioned upon the
disclosure being made pursuant to a secrecy agreement, protective order, provision of statute, rule, regulation or procedure under which the confidentiality of the information is maintained in the hands of the person to whom the information is to be
disclosed or in compliance with the terms of a judicial order or administrative process. 
  
 8. Conflict of Interest. The Advisor shall be free to perform services for other persons. The Advisor will notify the Company of Advisor’s performance of consulting services for any other person which
could conflict with Advisor’s obligations under this Agreement. Upon receiving such notice, the Company may terminate this Agreement or consent to the Advisor’s outside consulting activities. It is hereby mutually agreed that, for purposes
of this Section 8, a conflict of interest shall consist of the Advisor and/or Howard Safir providing services to a direct competitor of the Company, and that Howard Safir’s activities as a security consultant for SafirRosetti and/or ChoicePoint
shall not constitute a conflict unless SafirRosetti and/or ChoicePoint provide services to a direct competitor of the Company. 
  
 9. Disclaimer of Responsibility for Acts of the Company. The obligations of Advisor described in this Agreement consist solely of the furnishing of
information and advice to the Company in the form of services. In no event shall Advisor be required by this Agreement to represent or make management decisions for the Company. All final decisions with respect to acts and omissions of the Company
or any affiliates and subsidiaries, shall be those of the Company or its affiliates, and Advisor shall under no circumstances be liable for any expense incurred or loss suffered by the Company as a consequence of such acts or omissions. 

 
 10. Indemnity. The Company shall protect, defend, indemnify and
hold Advisor and his assigns and attorneys, accountants, employees, officers and directors harmless from and against all losses, liabilities, damages, judgments, claims, counterclaims, demands, actions, proceedings, costs and expenses (including
reasonable attorneys’ fees) of every kind and character resulting from or relating to or arising out of (a) the inaccuracy, non-fulfillment or breach of any representation, warranty, covenant or agreement made by the Company herein; or (b) any
legal action, including any counterclaim, to the extent it is based upon alleged facts that, if true, would constitute a breach of any representation, warranty, covenant or agreement made by the Company herein; or (c) negligent or willful misconduct
of the Company or any employee or agent of the Company occurring during the Term hereof. 
  
 11. Notices. Any notices required or permitted to be given under this Agreement shall be sufficient if in writing and delivered or sent by registered or certified mail or overnight courier to the principal
office of each party. 
  
 12. Assignment. This Agreement
may not be assigned by either party. 
  
 13. Applicable
Law. It is the intention of the parties hereto that this Agreement and the performance hereunder and all suits and special proceedings hereunder be construed in accordance with and under and pursuant to the laws of the State of Florida and that
in any action, special proceeding or other proceeding that may be brought arising out of, in connection with or by reason of this Agreement, shall be brought only in a court of competent jurisdiction within the State of Florida. 
  

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 14. Severability and Enforceability. All agreements and covenants contained herein are severable,
and in the event any of them shall be held to be invalid by any competent court, the Agreement shall be interpreted as if such invalid agreements or covenants were not contained herein. 
  
 15. Entire Agreement. This Agreement constitutes and embodies the entire understanding and agreement of the parties
and supersedes and replaces all prior understandings, agreements and negotiations between the parties. 
  
 16. Waiver and Modification. Any waiver, alteration or modification of any of the provisions of this Agreement shall be valid only if made in
writing and signed by the parties hereto. Any waiver by either party of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by any party. 
  
 17. Counterparts and Facsimile Signatures. This Agreement may be
executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument. Execution and delivery of this Agreement by exchange of facsimile copies
bearing the facsimile signature of a party hereto shall constitute a valid and binding execution and delivery of this Agreement by such party. Such facsimile copies shall constitute enforceable original documents. 
  
 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this
Agreement as of the day and year first above written. 
  

							
	ADVISOR:	 	COMPANY:
		
	THE NOVEMBER GROUP LTD.	 	BLASTGARD INTERNATIONAL, INC.
				
	By:	 	 /s/ Howard Safir

	 	By:	 	 /s/ James F. Gordon

	 	 	Howard Safir, Chief Executive Officer	 	 	 	James F. Gordon, Chief Executive Officer
		
	Address:	 	Address:
		
	137 Charles Street	 	129000 Automobile Blvd., Suite D
	Annapolis, Maryland 21401	 	Clearwater, Florida 33762

  

 Page 3 

 EXHIBIT A 
  

THE ADVISOR AGREES TO PROVIDE THE FOLLOWING SERVICES TO THE COMPANY: 
  
 The Advisor shall provide services to the Company as an independent advisor for the Company. The Advisor shall perform the following duties: 

 

	(1)	The Advisor will work with the Company to develop and assist in the implementation of a market penetration strategy in order to enable the Company to meet its objectives with
respect to the U.S. marketplace; 

  

	(2)	The Advisor will assist the Company in developing and sustaining a systematic effort to bring BlastGard technology to the attention of key decision-makers in the Department of
Defense, the Department of Homeland Security, New York City Police, Fire and Emergency Services, FBI and other Police/Fire Organizations in the USA; 

  

	(3)	The Advisor will provide assistance in identifying and developing teaming or partnering opportunities for the Company; and 

  

	(4)	The Advisor will perform such other services to the Company as mutually agreed upon by the Company and the Advisor. 

  

							
	ADVISOR:	 	COMPANY:
		
	THE NOVEMBER GROUP LTD.	 	BLASTGARD INTERNATIONAL, INC.
				
	By:	 	 /s/ Howard Safir

	 	By:	 	 /s/ James F. Gordon

	 	 	Howard Safir, Chief Executive Officer	 	 	 	James F. Gordon, Chief Executive Officer

  

 Exhibit A 

 EXHIBIT B 
  

FOR ALL SERVICES TO BE RENDERED BY THE ADVISOR UNDER THIS AGREEMENT, THE COMPANY AGREES TO COMPENSATE THE ADVISOR AS FOLLOWS: 
  

	(1)	In return for the performance of services described herein, the Company agrees to compensate the Advisor by issuing to the Advisor 100,000 shares of common stock of the Company. The
shares of common stock are subject to restrictions on transfer, as required by applicable federal and state securities laws. 

  

	(2)	The Company will pay to the Advisor a fee equal to 6% of Net Revenue (as defined below) actually paid to the Company by new clients or other persons (each, a “Third
Party”) directly introduced by The Advisor under this Agreement. 

  
 The Company will pay to the Advisor a fee equal to 2.5% of Net Revenue (as defined below) actually paid to the Company by any Third Party that was not introduced by The Advisor under this Agreement, if the Company
requests in writing the Advisor’s participation with such relationship, and the Advisor in fact agrees to and does participate in such relationship. 
  
 For purposes of this Agreement, the term “Net Revenue” shall mean revenue actually received by the Company from Third Parties in respect of
sales of the Company’s products and/or services, or license fees, net of taxes payable by the Company with respect to such amounts and all direct expenses incurred by the Company in generating such revenue (including, without limitation,
expenses paid to the Advisor pursuant to Section 5 of this Agreement). 
  

							
	ADVISOR:	 	COMPANY:
		
	THE NOVEMBER GROUP LTD.	 	BLASTGARD INTERNATIONAL, INC.
				
	By:	 	 /s/ Howard Safir

	 	By:	 	 /s/ James F. Gordon

	 	 	Howard Safir, Chief Executive Officer	 	 	 	James F. Gordon, Chief Executive Officer

  

 Exhibit B

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