Document:

Restricted Stock Agreement

 Exhibit 10.5 
  
 RESTRICTED STOCK AGREEMENT 
  
 Non-transferable 
  
 GRANT TO 
  
 [            ] 
 (“Grantee”) 
  
 by Premiere Global Services,
Inc. (f/k/a PTEK Holdings, Inc.) (the “Company”) of 
  
 [    ] 
  
 shares of its common
stock, $0.01 par value (the “Shares”) 
  
 pursuant to and subject to the
provisions of the Premiere Global Services, Inc. 2004 Long-Term Incentive Plan (the “Plan”) and to the terms and conditions set forth on the following page (the “Terms and Conditions”). 
  
 Unless sooner vested in accordance with Section 3 of the Terms and
Conditions, the restrictions imposed under Section 2 of the Terms and Conditions will expire as to the following fractions of the Shares awarded hereunder, on the following respective dates; provided that Grantee is then still employed by the
Company or any of its Affiliates: 
  

			
	 Fraction of Shares

	 	                         Date of
Expiration                        
                         of
Restrictions                        

	 1/3
	 	1st Anniversary of Grant
Date
	 1/3
	 	2nd Anniversary of Grant
Date
	 1/3
	 	3rd Anniversary of Grant
Date

  
 IN WITNESS WHEREOF,
Premiere Global Services, Inc., acting by and through its duly authorized officers, has caused this Agreement to be executed as of the Grant Date. 
  

			
	 PREMIERE GLOBAL SERVICES, INC.

		
	 By:
	 	  

	 	 	L. Scott Askins
	 Its:
	 	SVP – Legal and General Counsel
	
	 Grant Date:
                             

	
	 Accepted by Grantee:

  

 1 

 TERMS AND CONDITIONS 
  
 1. Grant of Shares. Premiere Global Services, Inc. (the “Company”) hereby grants to the Grantee named on Page 1 hereof (“Grantee”), subject to
the restrictions and the other terms and conditions set forth in the Premiere Global Services, Inc. 2004 Long-Term Incentive Plan (the “Plan”) and in this award agreement (this “Agreement”), the number of shares indicated on Page
1 hereof of the Company’s $0.01 par value common stock (the “Shares”). Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan. 
  
 2. Restrictions. The Shares are subject to each of the following restrictions.
“Restricted Shares” mean those Shares that are subject to the restrictions imposed hereunder which restrictions have not then expired or terminated. Restricted Shares may not be sold, transferred, exchanged, assigned, pledged, hypothecated
or otherwise encumbered. If Grantee’s employment with the Company or any Affiliate terminates for any reason other than as set forth in paragraph (b) of Section 3 hereof, then Grantee shall forfeit all of Grantee’s right, title and
interest in and to the Restricted Shares as of the date of employment termination, such Restricted Shares shall revert to the Company immediately following the event of forfeiture. The restrictions imposed under this Section 2 shall apply to all
shares of the Company’s common stock or other securities issued with respect to Restricted Shares hereunder in connection with any merger, reorganization, consolidation, recapitalization, stock dividend or other change in corporate structure
affecting the common stock of the Company. 
  
 3. Expiration and Termination of
Restrictions. The restrictions imposed under Section 2 will expire on the earliest to occur of the following (the period prior to such expiration being referred to herein as the “Restricted Period”): 
  
 (a) As to the fractions of the Shares specified on page 1 hereof, on the
respective dates specified on page 1 hereof; provided Grantee is then still employed by the Company or an Affiliate; or 
  
 (b) As to all of the unvested Shares, on the date of termination of Grantee’s employment by reason of death or Disability. 
  
 4. Delivery of Shares. The Shares will be registered in the name of Grantee as of the
Grant Date and will be held by the Company during the Restricted Period in certificated or uncertificated form. If a certificate for Restricted Shares is issued during the Restricted Period with respect to such Shares, such certificate shall be
registered in the name of Grantee and shall bear a legend in substantially the following form (in addition to any legend required under applicable state securities laws): 
  
 “This certificate and the shares of stock represented hereby are subject to the terms and conditions (including forfeiture and
restrictions against transfer) contained in a Restricted Stock Agreement between the registered owner of the shares represented hereby and Premiere Global Services, Inc. Release from such terms and conditions shall be made only in accordance with
the provisions of such Agreement, copies of which are on file in the offices of Premiere Global Services, Inc.” 
  
 Stock certificates for the Shares, without the first above legend, shall be delivered to Grantee or Grantee’s designee upon request of Grantee after the expiration
of the Restricted Period, but delivery may be postponed for such period as may be required for the Company with reasonable diligence to comply if deemed advisable by the Company, with registration requirements under the Securities Act of 1933, as
amended, listing requirements under the rules of any stock exchange, and requirements under any other law or regulation applicable to the issuance or transfer of the Shares. 
  
 5. Voting and Dividend Rights. Grantee, as beneficial owner of the Shares, shall have full voting and dividend rights with respect to
the Shares during and after the Restricted Period. If Grantee forfeits any rights he or she may have under this Agreement in accordance with Section 3, Grantee shall no longer have any rights as a shareholder with respect to the Restricted Shares or
any interest therein and Grantee shall no longer be entitled to receive dividends on such stock. In the event that for any reason Grantee shall have received dividends upon such stock after such forfeiture, Grantee shall repay to the Company any
amount equal to such dividends. 
  
 6. Changes in Capital Structure. The
provisions of the Plan shall apply in the case of a change in the capital structure of the Company. Without limiting the foregoing, in the event of a subdivision of the outstanding Stock (stock-split), a declaration of a dividend payable in Stock,
or a combination or consolidation of the outstanding Stock into a lesser number of shares, the Shares then subject to this Agreement shall automatically be adjusted proportionately. 
  
 7. No Right of Continued Employment. Nothing in this Agreement shall interfere with or limit in any way the right of the Company or
any Affiliate to terminate Grantee’s employment at any time, nor confer upon Grantee any right to continue in the employ of the Company or any Affiliate. 
  

8. Payment of Taxes. Upon issuance of the Shares hereunder, Grantee may make an election to be taxed upon such award under Section 83(b) of the Code. To effect
such election, Grantee may file an appropriate election with Internal Revenue Service within thirty (30) days after award of the Shares and otherwise in accordance with applicable Treasury Regulations. Grantee will, no later than the date as of
which any amount related to the Shares first becomes includable in Grantee’s gross income for federal income tax purposes, pay to the Company, or make other arrangements satisfactory to the Committee, regarding payment of, any federal, state
and local taxes of any kind required by law to be withheld with respect to such amount. The obligations of the Company under this Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, its Affiliates
will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to Grantee. 
  
 9. Amendment. The Committee may amend, modify or terminate this Agreement without approval of Grantee; provided, however, that such amendment, modification or
termination shall not, without Grantee’s consent, reduce or diminish the value of this award determined as if it had been fully vested (i.e., as if all restrictions on the Shares hereunder had expired) on the date of such amendment or
termination. 
  
 10. Plan Controls. The terms contained in the Plan are
incorporated into and made a part of this Agreement and this Agreement shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this
Agreement, the provisions of the Plan shall be controlling and determinative. 
  
 11. Successors. This Agreement shall be binding upon any successor of the Company, in accordance with the terms of this Agreement and the Plan. 
  

12. Severability. If any one or more of the provisions contained in this Agreement is deemed to be invalid, illegal or unenforceable, the other provisions of
this Agreement will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included. 
  
 13. Notice. Notices and communications under this Agreement must be in writing and either personally delivered or sent by registered or certified United States
mail, return receipt requested, postage prepaid. Notices to the Company must be addressed to: 
  
 Premiere Global Services, Inc. 
 3399 Peachtree Road, N.E. 
 The Lenox Building, Suite 700 
 Atlanta, Georgia 30326 
 Attn: Director, Stock Plan Management 
  
 or any
other address designated by the Company in a written notice to Grantee. Notices to Grantee will be directed to the address of Grantee then currently on file with the Company, or at any other address given by Grantee in a written notice to the
Company. 
  
  

 2NonStatutory Stock Option Agreement under the Registrant's 1995 Stock Plan

 EXHIBIT 10.6 
  
 NONSTATUTORY STOCK OPTION 
  
 Non-transferable 
  
 GRANT TO 
  

  
 (the “Optionee”) 
  
 the right to purchase from Premiere Global Services, Inc. (f/k/a PTEK
Holdings, Inc.) (the “Company”) 
  

  
 shares of its common stock, $0.01 par value, at the price of
$             per share 
  
 pursuant to and subject to the provisions of the Premiere Global Services, Inc. 1995 Stock Plan (the “Plan”) and to the terms and conditions set forth on the following page. 
  
 Unless vesting is accelerated in accordance with the Plan or in the discretion of the
Committee, the Options shall vest and become exercisable in accordance with the following schedule: 
  

				
	 Years of Service
 after Grant
Date

	  	Percent of Option shares Vested

	 
	 Less than 1Year
	  	0	%
	 1 Year
	  	33	%
	 2 Years
	  	66	%
	 3 Years
	  	100	%

  
 IN WITNESS WHEREOF, Premiere Global
Services, Inc., acting by and through its duly authorized officers, has caused this Agreement to be executed as of the Grant Date. 
  

			
	 PREMIERE GLOBAL SERVICES, INC.

		
	 By:
	 	  

	 	 	 L. Scott Askins

	 Its:
	 	 Senior Vice President – Legal and General Counsel

	
	 Grant Date:
                                    

	
	 Accepted by Optionee:
                                        
        

  

 1 

 TERMS AND CONDITIONS 
  
 1. Grant of Option. Premiere Global Services, Inc. (the “Company”) hereby grants to the Optionee named on
Page 1 hereof (“Optionee”), under the Premiere Global Services, Inc. 1995 Stock Plan (the “Plan”), stock options to purchase from the Company (the “Options”), on the terms and on conditions set forth in this agreement
(this “Agreement”), the number of shares indicated on Page 1 of the Company’s $0.01 par value common stock, at the exercise price per share set forth on Page 1. Capitalized terms used herein and not otherwise defined shall have the
meanings assigned to such terms in the Plan. 
  
 2. Vesting of
Options. The Option shall vest and become exercisable in accordance with the schedule shown on Page 1 of this Agreement. Notwithstanding the foregoing vesting schedule, upon Optionee’s death or Permanent and Total Disability while employed
by the Company, all Options shall become fully vested and exercisable. 
  
 3. Term of Options and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To
the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances: 
  
 (a) Three months after the termination of Optionee’s employment with the Company for any reason other than (i) for Cause or (ii) by reason of
Optionee’s death or Permanent and Total Disability. 
  
 (b)
Twelve months after the date of the termination of Optionee’s employment with the Company by reason of Permanent and Total Disability. 
  
 (c) Twelve months after the date of Optionee’s death, if Optionee dies while employed, or during the three-month period described in subsection (a)
above or during the twelve-month period described in subsection (b) above and before the Options otherwise lapse. Upon Optionee’s death, the Options may be exercised by Optionee’s beneficiary designated pursuant to Paragraph 5. 

 
 (d) 5:00 p.m., Eastern Time, on the date of the termination of
Optionee’s employment with the Company if such termination is for Cause. 
  
 The Committee may, prior to the lapse of the Options under the circumstances described in paragraphs (a), (b), (c) or (d) above, extend the time to exercise the Options as determined by the Committee in writing. If
Optionee returns to employment with the Company during the designated post-termination exercise period, then Optionee shall be restored to the status Optionee held prior to such termination but no vesting credit will be earned for any period
Optionee was not employed by the Company. If Optionee or his or her beneficiary exercises an Option after termination of service, the Options may be exercised only with respect to the shares that were otherwise vested on Optionee’s termination
of service. 
  
 4. Exercise of Option. The Options shall be
exercised by (a) written notice directed to the Director, Stock Plan Management of the Company or his or her designee at the address and in the form specified by the Secretary from time to time and (b) payment to the Company in full for the shares
subject to such exercise (unless the exercise is a broker-assisted cashless exercise, as described below). If the person exercising an Option is not Optionee, such person shall also deliver with the notice of exercise appropriate proof of his or her
right to exercise the Option. Payment for such shares shall be in (a) cash, (b) shares of Stock previously acquired by the purchaser, which have been held by the purchaser for such period of time, if any, as necessary to avoid variable accounting
for the Option, or (c) any combination thereof, for the number of shares specified in such written notice. The value of surrendered shares of Stock for this purpose shall be the Fair Market Value as of the last trading day immediately prior to the
exercise date. To the extent permitted under Regulation T of the Federal Reserve Board, and subject to applicable securities laws and any limitations as may be applied from time to time by the Committee (which need not be uniform), the Options may
be exercised through a broker in a so-called “cashless exercise” whereby the broker sells the Option shares on behalf of Optionee and delivers cash sales proceeds to the Company in payment of the exercise price. In such case, the date of
exercise shall be deemed to be the date on which notice of exercise is received by the Company and the exercise price shall be delivered to the Company by the settlement date. 
  
 5. Beneficiary Designation. Optionee may, in the manner determined by the Committee, designate a beneficiary to
exercise the rights of Optionee hereunder and to receive any distribution with respect to the Options upon Optionee’s death. A beneficiary, legal guardian, legal representative, or other person claiming any rights hereunder is subject to all
terms and conditions of this Agreement and the Plan and to any additional restrictions deemed necessary or appropriate by the Committee. If no beneficiary has been designated or survives Optionee, the Options may be exercised by the legal
representative of Optionee’s estate, and payment shall be made to Optionee’s estate. Subject to the foregoing, a beneficiary designation may be changed or revoked by Optionee at any time provided the change or revocation is filed with the
Company. 
  
 6. Withholding. The Company or any employer
affiliate has the authority and the right to deduct or withhold, or require Optionee to remit to the employer, an amount sufficient to satisfy federal, state, and local taxes (including Optionee’s FICA obligation) required by law to be withheld
with respect to any taxable event arising as a result of the exercise of the Options. The withholding requirement may be satisfied, in whole or in part, at the election of the Secretary, by withholding from the Options shares having a Fair Market
Value on the date of withholding equal to the minimum amount (and not any greater amount) required to be withheld for tax purposes, all in accordance with such procedures as the Secretary establishes. If shares of Stock are surrendered to satisfy
withholding obligations in excess of the minimum withholding obligation, such shares must have been held by the purchaser as fully vested shares for such period of time, if any, as necessary to avoid variable accounting for the Options. 

 
 7. Limitation of Rights. The Options do not confer to Optionee or
Optionee’s beneficiary designated pursuant to Paragraph 5 any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Options. Nothing in this Agreement
shall interfere with or limit in any way the right of the Company or any affiliate to terminate Optionee’s service at any time, nor confer upon Optionee any right to continue in the service of the Company or any affiliate. 
  
 8. Stock Reserve. The Company shall at all times during the term of
this Agreement reserve and keep available such number of shares of Stock as will be sufficient to satisfy the requirements of this Agreement. 
  
 9. Restrictions on Transfer and Pledge. No right or interest of Optionee in the Options may be pledged, encumbered, or hypothecated to or in favor
of any party other than the Company or an affiliate, or shall be subject to any lien, obligation, or liability of Optionee to any other party other than the Company or an affiliate. The Options are not assignable or transferable by Optionee other
than by will or the laws of descent and distribution or pursuant to a domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if such Section applied to an Option under the Plan. The Options may be exercised during the lifetime
of Optionee only by Optionee, or by such Optionee’s guardian or legal representative, if one is appointed. 
  
 10. Restrictions on Issuance of shares of Stock. If at any time the Committee shall determine in its discretion, that registration, listing or
qualification of the shares of Stock covered by the Options upon any securities exchange or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a
condition to the exercise of the Options, the Options may not be exercised in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable
to the Committee. 
  
 11. Plan Controls. The terms
contained in the Plan are incorporated into and made a part of this Agreement and this Agreement shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and
the provisions of this Agreement, the provisions of the Plan shall be controlling and determinative. 
  
 12. Successors. This Agreement shall be binding upon any successor of the Company, in accordance with the terms of this Agreement and the Plan.

  
 13. Severability. If any one or more of the provisions
contained in this Agreement is invalid, illegal or unenforceable, the other provisions of this Agreement will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included. 
  
 14. Notice. Notices and communications under this Agreement must be in
writing and either personally delivered or sent by registered or certified United States mail, return receipt requested, postage prepaid. Notices to the Company must be addressed to: 
  
 Premiere Global Services, Inc. 
 3399 Peachtree Road, N.E. 
 The Lenox Building, Suite 700 
 Atlanta, Georgia 30326 
 Attn: Director, Stock Plan Management 
  
 or any other address designated by the Company in a written notice to Optionee. Notices to Optionee will be directed to the address of Optionee then currently on file
with the Company, or at any other address given by Optionee in a written notice to the Company. 
  

 2

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