Document:

Form of Stock Appreciation Rights Agreement for the Company's 2010 Stock

 Exhibit 10.17.4 

Form of SAR Award Agreement 

NEWTEK BUSINESS SERVICES, INC. 

2010 STOCK INCENTIVE PLAN 

Stock Appreciation Rights Agreement 

THIS STOCK APPRECIATION RIGHTS AGREEMENT (this “Agreement”) grants ______________ (the “Grantee”) Stock Appreciation
Rights covering __________ Common Shares, par value $.02 per share (the “Common Shares”), of Newtek Business Services, Inc. (the “Company”), at the exercise price set forth herein, in all respects subject to the terms,
definitions and provisions of the Company’s 2010 Stock Incentive Plan (the “Plan”) which is incorporated by reference herein (the “SAR”). The Grantees acknowledges, through signing below, the receipt of a copy of the Plan
and the Plan Prospectus. 
 1. Exercise Price. The exercise price per share covered by the SAR is _____ Dollars
($__________) (the “Per Share Exercise Price”), which equals at least 100% of the Fair Market value, as determined by the Committee, of the Common Shares on the date of grant of the SAR. 

2. Vesting and Exercise of SAR. The SAR shall vest in accordance with the schedule set forth on the Award Form attached hereto as
Attachment A and is exercisable in accordance with Section 9 of the Plan. 
 3. Settlement of SAR. Upon exercise of
all or a specified portion of the SAR, the Grantee (or such other person entitled to exercise the SAR pursuant to this Agreement and the Plan) shall be entitled to receive from the Company, in the discretion of the Company’s Compensation,
Corporate Governance and Nominating Committee, cash or Common Shares valued at the fair market value on the date of exercise, or a combination of the two (the “Exercise Payout”), in an amount determined by multiplying: 

(a) 100% percent of the amount (if any) by which the fair market value of a Common Share on the date of exercise of the
SAR exceeds the Per Share Exercise Price, by 
 (b) the number of Common Shares with respect to which the SAR
shall have been exercised. 
 3. Method of Exercise. To exercise the SAR, the Grantee shall deliver to the Company a
written notice substantially in the form of the Exercise Form attached hereto as Attachment B, which shall: 

(a) state the election to exercise the SAR, the number of Common Shares with respect to which it is being exercised,
whether the Grantee would prefer to receive the Exercise Payout in cash or Common Shares (the determination of whether the Exercise Payout will be paid in cash or Common Shares or a combination of the two remains with the Committee), and the person
in whose name the stock certificate or certificates, if any, representing the Common Shares is to be registered, and his or her address and Social Security Number (or if more than one, the names, addresses and Social Security Numbers of such
persons); 
 (b) contain such representations and agreements as to the holder’s investment intent with
respect to such Common Shares as may be satisfactory to the Company’s counsel; 

 (c) be signed by the person or persons entitled to exercise the SAR and if
the SAR is being exercised by any person or persons other than the Grantee, be accompanied by proof, satisfactory to counsel for the Company, of the right of such person or persons to exercise the SAR; and 

(d) be in writing and delivered in person or by certified mail to the Treasurer of the Company. 

The certificate or certificates for shares of Common Shares as to which the SAR shall be exercised shall be registered in the name of the
person or persons exercising the SAR. The SAR may not be exercised for a fraction of a Common Share. 
 4. Restrictions on
Exercise. The SAR may not be exercised if the issuance of the Common Shares upon such exercise would constitute a violation of any applicable federal or state securities or other law or valid regulation. As a condition to the Grantee’s
exercise of the SAR, the Company may require the person exercising the SAR to make any representation and warranty to the Company as may be required by any applicable law or regulation. 

5. Withholding. The Grantee hereby agrees that the exercise of the SAR or any installment thereof will not be effective, and no
cash and/or Common Shares will become transferable to the Grantee until the Grantee makes appropriate arrangements with the Company for such tax withholding as may be required of the Company under federal, state, or local law on account of such
exercise. 
 6. Non-transferability of SAR. This SAR may not be transferred in any manner otherwise than by will or the
laws of descent or distribution. The terms of the SAR shall be binding upon the executors, administrators, heirs, successors and assigns of the Grantee. 

7. Term of SAR. This SAR may not be exercisable for more than ten years from the date of grant of the SAR, as stated below, and
may be exercised during such term only in accordance with the Plan and the terms of the SAR. 
 IN WITNESS WHEREOF, the parties
hereto have executed the Agreement as of the Date of Grant set forth below. 
  

									
	 	 		 	
	Date of Grant	 		 	
	ATTEST:	 		 	 NEWTEK BUSINESS SERVICES, INC.

2010 STOCK INCENTIVE PLAN COMMITTEE:

				
	 	 		 	By:	 	 
	Witness	 		 		 	An Authorized Member of the Committee
			
	ATTEST:	 		 	GRANTEE:
				
	 	 		 	By:	 	 
	Witness	 		 	Name: 	 	 

  

 2 

 ATTACHMENT A 

TO SAR AWARD AGREEMENT 

Form of Award Form 

NEWTEK BUSINESS SERVICES, INC. 

2010 STOCK INCENTIVE PLAN 

Grantee: ______________________________________________________ 

Grant Date: ____________________________________________________ 

Number and Class of Shares: ______________________________________ 

Exercise Price per Share: $_________________________________________ 

Expiration Date: _________________________________________________ 

Vesting Schedule: ________________________________________________ 

______________ of the Common Shares covered by the SAR on ______________ 

______________ of the Common Shares covered by the SAR on ______________ 

______________ of the Common Shares covered by the SAR on ______________ 

______________ of the Common Shares covered by the SAR on ______________ 

 ATTACHMENT B 

TO SAR AWARD AGREEMENT 

Form for Exercise of Award of SARs 

NEWTEK BUSINESS SERVICES, INC. 

2010 STOCK INCENTIVE PLAN 

Treasurer 
 Newtek Business Services, Inc.

 1440 Broadway, 

17th
 floor 
 New York, NY 10018 

 

	 	Re:	2010 Stock Incentive Plan 

 Dear Sir or Madame:

 The undersigned elects to exercise the SAR with respect to ________ Common Shares, par value $.02 per share, of Newtek
Business Services, Inc., covered by the SAR, under and pursuant to a SAR Agreement dated _____________, ____. 
 Please deliver
the Exercise Payout (as defined in the SAR Agreement) in [CASH/ COMMON SHARES]. 
 The name or names to be on any stock
certificate or certificates to be in connection herewith, and the address and Social Security Number of such person(s) are as follows: 
 Name:
_______________________________________ 
 Address: ______________________________________________________________________ 

Social Security Number: _________________________ 

Date: _________________ 

Very truly yours,Form of Restricted Share Award Agreement for the Company's 2010 Stock Incentive

 Exhibit 10.17.5 

Form of Restricted Share Award Agreement 

NEWTEK BUSINESS SERVICES, INC. 

2010 STOCK INCENTIVE PLAN 

Restricted Share Award Agreement 

THIS RESTRICTED SHARE AWARD AGREEMENT (this “Agreement”) grants ______________ (the “Grantee”) the right to receive
________ Common Shares, par value $.02 per share (the “Common Shares”), of Newtek Business Services, Inc. (the “Company”), pursuant to, and subject to the restrictions set forth in, Section 10 of the Company’s 2010
Stock Incentive Plan (the “Plan”), and in all respects subject to the terms, definitions and provisions of the Plan, which is incorporated by reference herein (the “Restricted Share Award”). The Grantee acknowledges, through
signing below, the receipt of a copy of the Plan and the Plan Prospectus. 
 1. Earning of Common Shares. The Grantee
shall earn the Common Shares covered by the Restricted Stock Award (the “Earned Shares”) in accordance with the schedule set forth on the Award Form attached hereto as Attachment A. 

2. Timing of Distributions. Except as otherwise expressly provided in this Plan, the Company shall distribute Earned Shares, and
accumulated cash from dividends and interest from the date the Restricted Share Award was granted as set forth below, to the Grantee or his or her beneficiary (as permitted under the Plan), as the case may be, as soon as practicable after they have
been earned. No fractional shares shall be distributed. 
 3. Form of Distribution. The Company shall distribute all
Earned Shares, together with any shares representing stock dividends, in the form of Common Shares. One Common Share shall be given for each Earned Share. Payments representing cash dividends (and earnings thereon) shall be made in cash. The
certificate or certificates representing the Common Shares earned under the Restricted Share Award shall be registered in the name of the Grantee or his or her beneficiary, if the Company is provided notice of such beneficiary prior to when it
distributes such certificates. 
 4. Restrictions on Exercise. Common Shares will not be distributed if the issuance
thereof would constitute a violation of any applicable federal or state securities or other law or valid regulation. As a condition to the distribution of Common Shares earned hereunder, the Company may require the person receiving the Common Shares
to make any representation and warranty to the Company as may be required by any applicable law or regulation, including those related to investment intent satisfactory to the Company’s counsel. 

5. Withholding. The Grantee hereby agrees that no Common Shares will become transferable to the Grantee hereunder until the
Grantee makes appropriate arrangements with the Company for such tax withholding as may be required of the Company under federal, state, or local law on account of such issuance. 

6. Non-transferability of Restricted Stock Award. This Restricted Share Award may not be transferred in any manner otherwise than
by will or the laws of descent or distribution. The terms of the Restricted Stock Award shall be binding upon the executors, administrators, heirs, successors and assigns of the Grantee. 

 IN WITNESS WHEREOF, the parties hereto have executed the Agreement as of the Date of Grant
set forth below. 
  

									
	 	 		 	
	Date of Grant	 		 	
	ATTEST:	 		 	 NEWTEK BUSINESS SERVICES, INC.

2010 STOCK INCENTIVE PLAN COMMITTEE:

				
	 	 		 	By:	 	 
	Witness	 		 		 	An Authorized Member of the Committee
			
	ATTEST:	 		 	GRANTEE:
				
	 	 		 	By:	 	 
	Witness	 		 	Name: 	 	 

 ATTACHMENT A 

TO RESTRICTED SHARE AWARD AGREEMENT 

Form of Award Form 

NEWTEK BUSINESS SERVICES, INC. 

2010 STOCK INCENTIVE PLAN 

Grantee: ______________________________________________________ 

Grant Date: ______________________________________________________ 

Number and Class of Shares: _______________________________________________ 

Earning Schedule : 

[            ] Subject to the earning schedule set forth in the Plan.

 OR 

[            ] The earning schedule set forth in the Plan is
ELIMINATED.

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