Document:

Exhibit
10.2

 

INTERPACE
DIAGNOSTICS GROUP, INC.

2004
STOCK AWARD AND INCENTIVE PLAN

RESTRICTED
STOCK UNIT AGREEMENT

 

This
RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is made and entered into as of Grant Date (the “Grant
Date”), by and between Interpace Diagnostics Group, Inc. (the “Company”) and First Name Last Name (the
“Participant”).

 

WHEREAS,
the Company maintains the Interpace Diagnostics Group, Inc. Amended and Restated 2004 Stock Award and Incentive Plan (the “Plan”);
and

 

WHEREAS,
the Board of Directors of the Company (the “Board”) has approved the grant of restricted stock units pursuant to the
Plan to the Participant on the terms and conditions set forth herein;

 

NOW,
THEREFORE, IT IS AGREED, by and between the Company and the Participant, as follows:

 

1.
Defined Terms. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Plan.

 

2.
Grant of Restricted Stock Units. The Participant is hereby granted Number of Shares restricted stock units (the
“Restricted Stock Units”) under the Plan, subject to all of the terms and conditions of this Agreement and the Plan.
The Award evidenced by this Agreement will constitute a Deferred Stock award for purposes of the Plan. No Dividend Equivalents
shall be paid to the Participant with respect to the Restricted Stock Units.

 

3.
Vesting and Forfeiture of Units. All Restricted Stock Units shall be unvested unless and until they become vested and nonforfeitable
in accordance with this Section 3. Except as otherwise provided below, if the Participant is serving as a member of the Board
as of the applicable “Vesting Date” set forth below, the Restricted Stock Units shall become vested and nonforfeitable
according to the percentage set forth opposite such date:

 

	Vesting
    Date	Cumulative
    Percentage Vested
	First
        Anniversary of Grant Date

        Second
        Anniversary of Grant Date

        Third
        Anniversary of Grant Date
	33%

        66%

        100%

 

Notwithstanding
the foregoing provisions of this Section 3, all of the Restricted Stock Units that have not otherwise vested in accordance with
the foregoing provisions of this Section 3 shall become vested and nonforfeitable in accordance with the following:

 

    	 

    	 

    

 

	 	(a)	Death
    or Permanent Disability. The Restricted Stock Units shall become fully vested and nonforfeitable upon the Participant’s
    termination of directorship with the Company prior to the applicable Vesting Date if the Participant’s directorship
    with the Company terminates on account of his or her death or Permanent Disability. For purposes of this Agreement, “Permanent
    Disability” shall mean a disability which, in the opinion of a physician designated by the Company, permanently prevents
    the Participant from being able to render services to the Company.
	 	 	 
	 	(b)	Termination
    Other Than for Cause or Voluntary Termination. The Restricted Stock Units shall become fully vested and non-forfeitable
    upon the termination of the Participant’s directorship with the Company prior to the applicable Vesting Date if the
    Participant’s directorship with the Company is terminated for any reason other than (i) for Cause or (ii) the Participant’s
    Voluntary Resignation. For purposes of this Agreement, “Cause” shall mean (i) the continuing failure by the Participant
    to substantially perform his or her director duties for any reason other than total or partial incapacity due to physical
    or mental illness, (ii) gross negligence or gross malfeasance on the Participant’s part in the performance of his or
    her duties as a director that demonstrably cause harm to the Company, (iii) the Participant’s conviction by a court
    of competent jurisdiction of a felony or other crime involving moral turpitude, (iv) the Participant’s failure to attend
    at least 50% of the meetings of the Board, and any committee of the Board of which the Participant is a member, in each instance,
    during any fiscal year of the Company; or (v) the Participant’s removal from the Board in accordance with Article II(E)
    of the Company’s by-laws. For purposes of this Agreement, “Voluntary Resignation” shall mean the Participant’s
    resignation from the Board (other than by means of Retirement (as defined below)) or the Board’s failure to include
    the Participant in the Board’s slate of directors for reelection at the annual meeting at which the Participant’s
    class of directors is up for reelection. For the avoidance of doubt, in the event that a Participant is included in the slate
    of directors recommended by the Board for reelection to the Board, but the Company’s stockholders fail to reelect the
    Participant as a director at the Company’s annual meeting of stockholders, such event shall not be deemed a Voluntary
    Termination.
	 	 	 
	 	(c)	Change
    in Control. The Restricted Stock Units shall become fully vested and nonforfeitable upon a Change in Control that
    occurs prior to the Vesting Date.
	 	 	 
	 	(d)	Non-reelection
    by Stockholders. The Restricted Stock Units shall become fully vested and nonforfeitable if, prior to the Vesting
    Date, the Participant is included in the slate of directors recommended by the Board for reelection to the Board but is not
    reelected by the Company’s stockholders at the Company’s annual meeting of stockholders.
	 	 	 
	 	(e)	Retirement.
    The Restricted Stock Units shall become fully vested and nonforfeitable upon the Participant’s Retirement prior to the
    Vesting Date. For purposes of this Agreement, “Retirement” shall mean the Participant’s resignation from
    the Board or his or her decision not to run for reelection to the Board at the Company’s annual meeting of stockholders;
    provided, in each instance, that the Participant has continuously served as a member of the Board for at least six (6) years.
    In the event that a Participant decides not to run for reelection to the Board, the Participant’s Retirement shall be
    deemed to occur on the last date of service of such Participant as a member of the Board.

 

    	2

    	 

    

 

Any
Restricted Stock Units that are not otherwise vested and nonforfeitable upon the Participant’s termination of his or her
directorship with the Company shall be immediately forfeited and the Participant shall have no further rights to, under or with
respect to such Restricted Stock Units.

 

4.
Settlement. Restricted Stock Units that have become vested in accordance with Section 3 shall be settled as of the “Settlement
Date” which is the earliest to occur of (a) the Vesting Date for those Restricted Stock Units, (b) the date on which a Change
in Control occurs, or (c) the date of the Participant’s termination of his or her directorship with the Company pursuant
to Section 3(a), (b), (d) or (e) hereof; provided, however, that settlement of the Participant’s Restricted Stock Units
that would otherwise vest on such Vesting Date (and any subsequent Vesting Date) shall occur on the date of the Change in Control
only if the Change in Control also constitutes a change in control event within the meaning of section 409A of the Code. Settlement
of the vested Restricted Stock Units on the Settlement Date shall be made in the form of shares of Stock (with one share of Stock
distributed for each vested Restricted Stock Unit and cash equal in value to any fractional Restricted Stock Unit) registered
in the name of the Participant. The shares of Stock distributed in settlement of the Restricted Stock Units will be evidenced
by stock certificates which shall be delivered to Participant.

 

5.
Restrictions on Transfer. The Participant may not sell, assign, pledge or transfer, other than by the laws of descent or
distribution, his or her Restricted Stock Units or any rights under or with respect to the Restricted Stock Units.

 

6.
Rights as a Stockholder. The Participant shall not be a stockholder of the Company until the shares of Stock issued in
settlement of the Restricted Stock Units are registered in his or her name in accordance with the terms of this Agreement.

 

7.
Notices. Any notice required or permitted under this Agreement shall be deemed given when delivered personally, or when
deposited in a United States Post Office, postage prepaid, addressed, as appropriate, to the Company at its principal offices,
to the Participant at the Participant’s address as last known by the Company or, in either case, such other address as one
party may designate in writing to the other.

 

8.
Securities Laws Requirements. The Company may require as a condition of distribution of any shares of Stock in settlement
of the Restricted Stock Units that the Participant furnish a written representation that he or she is holding the shares of Stock
for investment and not with a view to resale or distribution to the public.

 

    	3

    	 

    

 

9.
Protections Against Violations of Agreement. No purported sale, assignment, mortgage, hypothecation, transfer, pledge,
encumbrance, gift, transfer in trust (voting or other) or other disposition of, or creation of a security interest in or lien
on, any of the Restricted Stock Units by any holder thereof in violation of the provisions of this Agreement shall be valid. The
Restricted Share Units do not constitute shares of Stock unless and until the shares of Stock issued in settlement of the Restricted
Stock Units are registered in his or her name in accordance with the terms of this Agreement and the Participant shall not, as
a result of this Agreement, be a stockholder of the Company. The foregoing restrictions are in addition to and not in lieu of
any other remedies, legal or equitable, available to enforce said provisions.

 

10.
Taxes. The Participant understands that he or she (and not the Company) shall be responsible for any tax obligations that
may arise as a result of the transactions contemplated by this Agreement and that the Company shall not be responsible for any
such tax obligations and shall not be required to withhold any amounts to satisfy any such tax obligations.

 

11.
Failure to Enforce Not a Waiver. The failure of the Company to enforce at any time any provision of this Agreement shall
in no way be construed to be a waiver of such provision or of any other provision hereof.

 

12.
Governing Law. This Agreement shall be governed by and construed according to the laws of the State of Delaware without
regard to its principles of conflict of laws.

 

13.
Amendments. Except as provided in Section 17, this Agreement may be amended or modified at any time only by an instrument
in writing signed by each of the parties hereto.

 

14.
Survival of Terms. This Agreement shall apply to and bind the Participant and the Company and their respective permitted
assignees and transferees, heirs, legatees, executors, administrators and legal successors.

 

15.
Agreement Not a Contract for Services. Neither the grant of Restricted Stock Units, this Agreement nor any other action
taken pursuant to this Agreement shall constitute or be evidence of any agreement or understanding, express or implied, that the
Participant has a right to continue to provide services as an officer, director, employee or consultant of the Company for any
period of time or at any specific rate of compensation.

 

16.
Severability. If a provision of this Agreement is held invalid by a court of competent jurisdiction, the remaining provisions
will nonetheless be enforceable according to their terms. Further, if any provision is held to be over broad as written, that
provision shall be amended to narrow its application to the extent necessary to make the provision enforceable according to applicable
law and enforced as amended.

 

    	4

    	 

    

 

17.
Plan. The Restricted Stock Units are granted pursuant to the Plan, and the Restricted Stock Units and this Agreement are
in all respects governed by the Plan and subject to all of the terms and provisions thereof, whether such terms and provisions
are incorporated in this Agreement by reference or are expressly cited.

 

18.
Special Section 409A Rules. Notwithstanding any other provision of this Agreement to the contrary, if any payment or benefit
hereunder is subject to section 409A of the Code and if such payment or benefit is to be paid or provided on account of the Participant’s
termination of directorship (or other separation from service), the determination as to whether the Participant has had a termination
of directorship (or separation from service) shall be made in accordance with the provisions of section 409A of the Code and the
guidance issued thereunder without application of any alternative levels of reductions of bona fide services permitted thereunder.

 

IN
WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement, effective as of the date first noted above.

 

	Interpace
    Diagnostics Group, Inc.	 	Participant
	 	 	 
	 	 	 
	Jack
    Stover	 	First
    Name Last Name
	CEO	 	 

 

    	5Exhibit
10.3

 

non-qualified
STOCK OPTION AGREEMENT

UNDER
THE AMENDED AND RESTATED

2004
STOCK AWARD AND INCENTIVE PLAN

 

This
NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made between Interpace
Diagnostics Group, Inc., a Delaware corporation formerly known as PDI, Inc. (the “Company”), and First
Name Last Name (the “Participant”).

 

WHEREAS,
the Company maintains the PDI, Inc. Amended and Restated 2004 Stock Award and Incentive Plan (the “Plan”) for
the benefit of its employees, non-employee directors, and other persons who provide substantial services to the Company or its
subsidiaries or affiliates; and

 

WHEREAS,
the Plan permits the award of Non-Qualified Stock Options to purchase shares of the Company’s Stock, subject to the terms
of the Plan; and

 

WHEREAS,
the Company wishes to award the Participant an option to purchase Number of Shares shares of the Company’s Stock,
subject to the restrictions and on the terms and conditions contained in the Plan and this Agreement.

 

NOW,
THEREFORE, in consideration of these premises and the agreements set forth herein and intending to be legally bound hereby, the
parties agree as follows:

 

1.
Award of Option. This Agreement evidences the grant to the Participant of an option (the “Option”) to
purchase Number of Shares shares of the Company’s Stock (the “Option Shares”), and the Participant
was notified of this grant by letter dated on or about the Effective Date (as defined below). The Option is subject to the terms
set forth herein, and in all respects is subject to the terms and provisions of the Plan, which terms and provisions are incorporated
herein by this reference. Except as otherwise specified herein or unless the context herein requires otherwise, the terms defined
in the Plan will have the same meanings herein.

 

2.
Nature of the Option. The Option is not intended to be an incentive stock option as described by Section 422 of the Internal
Revenue Code of 1986, as amended (the “Code”).

 

3.
Date of Grant; Term of Option. The Option was granted on Grant Date (the “Effective Date”) and
may not be exercised later than the tenth anniversary of the Effective Date, subject to earlier termination in accordance with
the Plan.

 

4.
Option Exercise Price. The per share exercise price of the Option is $Grant Price (the “Exercise Price”),
which was the closing price of the Company’s Stock on the Effective Date.

 

    	 	 

    	 

    

 

5.
Vesting and Exercise of Option. The Option will become exercisable only in accordance with the terms and provisions of
the Plan and this Agreement, as follows:

 

	Vesting
    Date	 	Cumulative
    Percentage Vested
	First
        Anniversary of Grant Date

        Second
        Anniversary of Grant Date

        Third
        Anniversary of Grant Date
	 	33%

        66%

        100%

 

(a)
Accelerated Vesting. Subject to the Participant’s continued service with the Company, any unvested portion of the
Option shall become 100% fully vested and exercisable upon the occurrence of a Change in Control.

 

(b)
Method of Exercise. The Participant may exercise the Option by providing notice to the Company stating the election to
exercise the Option and such other requirements as are set forth in Section 6 of the Plan.

 

(c)
Partial Exercise. The Option may be exercised in whole or in part; provided, however, that any exercise may
apply only with respect to a whole number of Option Shares.

 

(d)
Restrictions on Exercise. The Option may not be exercised, and any purported exercise will be void, if the issuance of
the Option Shares upon such exercise would constitute a violation of any law, regulation or exchange listing requirement. As a
further condition to the exercise of the Option, the Company may require the Participant to make any representation or warranty
as may be required by or advisable under any applicable law or regulation.

 

6.
Termination of Service. If the Participant’s service terminates or is terminated for any reason prior to any applicable
vesting date as provided in Section 5, the Participant shall retain the right to exercise any vested portion of the Option until
the earlier to occur of ninety (90) days after the date of such termination of employment, provided that if the Participant’s
employment terminates as a result of death, the representative of the Participant’s estate shall have one (1) year after
the date of such termination of employment to exercise the Participant’s vested portion of the Option. To the extent that
the Option is not exercisable at the time of such termination, or to the extent the Option is not exercised within the time specified
herein, the Option shall terminate with no further compensation due to the Participant.

 

7.
Non-Transferability of Option. The Option may not be sold, pledged, assigned, hypothecated, gifted, transferred or disposed
of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent or distribution.
During the Participant’s lifetime, the Option is exercisable only by the Participant. Subject to the foregoing and the terms
of the Plan, the terms of the Option will be binding upon the executors, administrators and heirs of the Participant.

 

8.
Tax Consequences. The Company does not represent or warrant that this Option (or the purchase or sale of the Option Shares
subject hereto) will be subject to particular tax treatment. The Participant acknowledges that he has reviewed with his own tax
advisors the tax treatment of this Option (including the purchase and sale of any Option Shares acquired subject hereto) and is
relying solely on those advisors in that regard. The Participant understands that he (and not the Company) will be responsible
for his own tax liabilities arising in connection with this Option. The Company shall withhold taxes according to the requirements
under the applicable laws, rules, and regulations, including withholding taxes at source.

 

    	 	-2-	 

    	 

    

 

9.
No Rights as Stockholder. The Participant shall not have any rights and privileges of a stockholder of the Company with
respect to the Option, nor shall the Company have any obligation to issue any dividends or otherwise afford any rights to which
shares of Stock are entitled with respect to the Option.

 

10.
The Plan. The Participant has received a copy of the Plan, has read the Plan and is familiar with its terms, and hereby
accepts the Option subject to the terms and provisions of the Plan, as amended from time to time. Pursuant to the Plan, the Committee
is authorized to interpret the Plan and to adopt rules and regulations not inconsistent with the Plan as it deems appropriate.
The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee with
respect to questions arising under the Plan or this Agreement.

 

11.
Entire Agreement. This Agreement, together with the Plan, represents the entire agreement between the parties with respect
to the subject matter hereof and supersedes any prior agreement, written or otherwise, relating to the subject matter hereof.

 

12.
Continuation of Employment or Service. Nothing in the Plan or this Agreement shall be construed as imposing any obligation
on the Company to continue the Participant’s employment or service and nothing in the Plan or this Agreement shall confer
upon the Participant any right to continue in the employ or service of the Company or restrict the right of the Company to terminate
such employment or service at any time.

 

13.
Amendment. Except as otherwise provided herein or as would otherwise not have a material adverse effect on the Participant,
this Agreement may only be amended by a writing signed by each of the parties hereto.

 

14.
Governing Law. This Agreement will be construed in accordance with the laws of the State of Delaware, without regard to
the application of the principles of conflicts of laws.

 

15.
Execution. This Agreement may be executed, including execution by facsimile signature, in one or more counterparts, each
of which will be deemed an original, and all of which together shall be deemed to be one and the same instrument.

 

[This
space intentionally left blank; signature page follows]

 

    	 	-3-	 

    	 

    

IN
WITNESS WHEREOF, this Agreement has been executed by each party on the date indicated below, respectively.

 

	 	Interpace
    Diagnostics Group, Inc.
	 	 
	 	 
	 	Jack
    Stover
	 	CEO
	 	 
	 	PARTICIPANT
	 	 
	 	First
    Name Last Name
	 	 
	 	 
	 	Signature

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