Document:

EX-10.1

EXHIBIT 10.1

RESTRICTED STOCK AWARD AGREEMENT

Pursuant to the

FINANCIAL INSTITUTIONS, INC.

2009 MANAGEMENT STOCK INCENTIVE PLAN

Name of Participant:       

Date of Grant:       

Number of Shares:       

Value of each Share on Date of Grant: $       

This RESTRICTED STOCK AGREEMENT (the “Agreement”), dated as of        20      , is made
between Financial Institutions, Inc. (the “Company”) and the above-named individual (the
“Participant”) to record the granting of Restricted Stock on        (the “Date of
Grant”) to the Participant pursuant to the Financial Institutions, Inc. 2009 Management Stock
Incentive Plan (the “Plan”) by the Company’s Compensation Committee (the “Committee”) pursuant to
Section 2 of the Plan. This award is being made solely for services the Participant performed in
2009.

This Agreement is intended to satisfy the requirements for long term restricted stock grants
under the Department of Treasury’s interim final regulations governing executive compensation for
recipients of financial assistance under the Troubled Asset Relief Program, 31 CFR part 30, and
related guidance (the “TARP Rules”), whose requirements are hereby incorporated by reference. This
Agreement shall be interpreted and construed in accordance with that intent.

The Committee and the Participant hereby agree as follows:

1. Grant of Shares. The Committee hereby grants to the Participant, as of the Date of
Grant, subject to and in accordance with the terms and conditions of the Plan and this Agreement,
     shares of the Company’s Common Stock, par value $.01 per share (the “Common Stock”).
The grant of shares of Common Stock to the Participant, evidenced by this Agreement, is an award of
Restricted Stock (as defined in the Plan) and such shares of Restricted Stock are referred to
herein as the “Shares.”

2. Vesting of Shares. Ownership of the Shares shall vest pursuant to the following
vesting schedule, provided that the Participant provides substantial services and remains in
continuous employment with the Company (or an affiliated entity that is treated along with the
Company as a TARP Recipient (within the meaning of the TARP Rules)) until the date the
Shares vest:

	 	 	 	 	 
	Anniversary of Date of Grant	 	Shares Vested
	Second Anniversary of Date of Grant

	 	 	100	%

Notwithstanding the foregoing vesting schedule, if prior to the second year anniversary of the
Date of Grant there is a Change in Control (as such term is defined in the Plan) that also
constitutes a change in control event (as defined in 26 CFR 1.409A–3(i)(5)(i)) or the Participant’s
employment with the Company (or an affiliated entity that is treated along with the Company as a
TARP Recipient (within the meaning of the TARP Rules)) terminates because of death or disability
all Shares not yet vested shall become immediately vested.

3. Forfeiture. Shares that do not become vested in accordance with the vesting
criteria set forth in Section 2 shall be forfeited to the Company.

4. TARP Transferability Restrictions. Vested Shares awarded under this Agreement
shall not become transferable (as defined in 26 CFR 1.83–3(d)), at any time earlier than permitted
under the following schedule (except as necessary to reflect a merger or acquisition of the TARP
Recipient (within the meaning of the TARP Rules)):

	 	(a)	 	25% of the Shares granted at the time of repayment of 25% of
the aggregate financial assistance received.

	 	(b)	 	An additional 25% of the Shares granted (for an aggregate total
of 50% of the Shares) at the time of repayment of 50% of the aggregate
financial assistance received.

	 	(c)	 	An additional 25% of the Shares granted (for an aggregate total
of 75% of the Shares granted) at the time of repayment of 75% of the aggregate
financial assistance received.

	 	(d)	 	The remainder of the Shares granted at the time of repayment of
100% of the aggregate financial assistance received.

Notwithstanding the foregoing, in the case of Restricted Stock for which the Participant does
not make an election under section 83(b) of the Internal Revenue Code (26 U.S.C. 83(b)), at any
time beginning with the date upon which the Restricted Stock becomes substantially vested (as
defined in 26 CFR 1.83–3(b)) and ending on December 31 of the calendar year including that date, a
portion of the Restricted Stock may be made transferable as may reasonably be required to pay the
Federal, State, local, or foreign taxes that are anticipated to apply to the income recognized due
to this vesting, and the amounts made transferable for this purpose shall not count toward the
percentages in the schedule above.

5. Legend. Each share certificate representing the Shares shall bear a legend
indicating that such Shares are “Restricted Stock” and are subject to the provisions of this
Agreement and the Plan.

6. Withholding Taxes. If the Participant is an employee of the Company or any of its
Subsidiaries, the Participant shall remit to the Company in cash the amount needed to satisfy any
federal, state or local withholding taxes that may arise or be applicable as the result of the
award or vesting of the Shares. The Participant may, with the Committee’s consent, elect to
satisfy, totally or in part, such Participant’s obligations pursuant to this section by electing to
have Shares withheld, or to deliver previously owned Shares that have been held for at least six
(6) months, provided that the election is made in writing on or prior to the vesting of shares
pursuant to Section 2 hereof.

7. General Restrictions on Issuance of Stock Certificates. The Company shall not be
required to deliver any certificate representing the Shares until it has been furnished with such
opinions, representations or other documents as it may deem necessary or desirable, in its
discretion, to ensure compliance with any law or rules of the Securities and Exchange Commission or
any other governmental authority having jurisdiction under the Plan or over the Company, the
Participant, or the Shares or any interests granted thereunder.

8. Rights as Shareholder. Except for the transfer and other restrictions set forth
elsewhere in this Agreement and in the Plan, the Participant, as record holder of the Shares, shall
possess all the rights of a holder of the Company’s Common Stock (including voting rights);
provided, however, that the Participant shall not have the right to receive any dividends on
unvested Shares; and provided further, however, that prior to becoming vested and transferable the
certificates representing such Shares shall be held by the Company for the benefit of the
Participant. As the Shares become vested and transferable, certificates representing such Shares
shall be released to the Participant. As noted above, the Participant shall not receive any
dividends on unvested Shares, and such dividends shall be permanently forfeited.

9. Transferability — Restricted Share Certificates. The Shares may not be sold,
transferred, pledged, assigned, encumbered, or otherwise alienated or hypothecated until they
become fully vested and transferable in accordance with Sections 2 and 4 of this Agreement and then
only to the extent permitted under this Agreement and the Plan and by applicable securities laws.
Prior to full vesting and transferability, all rights with respect to the Shares granted to a
Participant under the Plan shall be available, during such Participant’s lifetime, only to such
Participant.

10. Stock Power. Concurrently with the execution of this Agreement, the Participant
shall deliver to the Company a stock power, endorsed in blank, relating to the Shares. Such stock
power shall be in the form attached hereto as Exhibit A. The stock power with respect to any
certificate representing Shares that do not vest shall be completed in the name of the Company by
an officer of the Company, and the Shares shall be returned to either authorized but unissued
shares or treasury shares, depending on their original source.

11. Section 83(b) Election. The Participant may elect, within 30 days of the Date of
Grant pursuant to Section 83(b) of the Internal Revenue Code, to include in his or her gross income
the fair market value of the Shares covered by this Agreement in the taxable year of grant. The
election must be made by filing the appropriate notice with the Internal Revenue Service within 30
days of the Date of Grant. If the Participant makes this election, the Participant shall promptly
notify the Company by submitting to the Committee a copy of the election notice filed with the
Internal Revenue Service.

12. Adjustment of Shares. As provided by the Plan, in the event of any change in the
Common Stock of the Company by reason of any stock dividend, stock split, recapitalization,
reorganization, merger, consolidation, split-up, combination, or exchange of Shares, or of any
similar change affecting the Common Stock, the Shares shall be adjusted automatically consistent
with such change to prevent substantial dilution or enlargement of the rights granted to, or
available for, the Participant hereunder.

13. No Employment Rights. Neither the Plan nor this award shall confer upon the
Participant any right with respect to continuance of employment by the Company or any affiliate nor
shall they interfere in any way with the right of the Company or any affiliate to terminate the
Participant’s employment at any time, with or without cause.

14. Coordination with Plan. The Employee hereby acknowledges receipt of a copy of the
Plan and agrees to be bound by all of the terms and provisions thereof including any that may
conflict with those contained in this Agreement. Capitalized terms used in this Agreement shall
have the meaning given to such terms under the Plan.

15. Notices. All notices to the Company shall be in writing and sent to the Company’s
Corporate Secretary at the Company’s offices. Notices to the Employee shall be addressed to the
Employee at the Employee’s address as it appears on the Company’s records.

IN WITNESS WHEREOF, the Committee and the Participant have caused this Restricted Stock
Agreement to be executed on the date set forth opposite their respective signatures, it being
further understood that the Date of Grant may differ from the date of signature.

	 	 	 	 	 
	Dated:
	 	     
	 	FOR THE COMMITTEE:

	 	 	 	 	By:

	 	 	 	 	 

	 	 	 	 	Name:     

Title:      

	Dated:
	 	     
	 	PARTICIPANT

1

EXHIBIT A

STOCK POWER

FOR VALUE RECEIVED, the undersigned does hereby sell, assign and

transfer to Financial Institutions, Inc. (the “Company”),        shares of the Company’s

common stock represented by Certificate No.   . The undersigned authorizes the

Secretary of the Company to transfer the stock on the books of the Company in

the event of the forfeiture of any shares issued under the Restricted Stock

Agreement dated as of        20       between the Company and the undersigned.

Dated:       

     

[Participant’s Name]

2ex10-4.htm

    Exhibit
10.4

    PROMISSORY
NOTE

    

    

    
      	
              $5,000.00

            	
              December
      21, 2009

            
	 
      	
              Austin,
      Texas

            
	 
      	 
      

    

    

    FOR VALUE, the receipt and
sufficiency of which are hereby acknowledged, Restaurant Concepts of America, a
Nevada company referred to as (“Borrower”), promises to pay to David Cho
(“Lender”), or order, at Austin, Texas, or as otherwise instructed, the
principal sum of five thousand dollars ($5,000.00) in lawful tender of the
United States, together with simple interest thereon at an annual interest rate
of eight percent (8%).

    

    Terms of
Repayment.  This Promissory Note shall become due and payable
together will all accrued interest on December 21, 2010.

    

    Default.  Any
one or more of the following events shall constitute a Default under the terms
of this Note:

    

    
      	 
      	
              1)

            	
              Borrower
      fail to make timely payment when due.

            
	 
      	 
      	 
      
	 
      	
              2)

            	
              Borrower
      breaches an agreement or promise made to Lender, or fails to timely
      perform any obligation owing to
Lender

            

    

    

    
      	 
      	
              3)

            	
              Borrower
      makes any representation or statement to Lender that is false or
      misleading in any material manner.

            
	 
      	 
      	 
      
	 
      	
              4)

            	
              Borrower
      becomes insolvent, or a receiver is appointed for any part of all of
      Borrower’s property, of Borrower makes an assignment for the benefit of
      creditors, or any proceeding is brought either by Borrower of against
      Borrower under any Bankruptcy or insolvency
  laws.

            

    

    

    In the
event of any default as described herein, Lender, without further protest,
presentment or notice, may declare all sums due and payable, together with any
interest then due.

    

    Waiver.  Forbearance
of any payment due of modification of any term of this Note by Lender in any
manner shall not be deemed nor construed as a waiver of any other rights in
favor of Lender under the terms of this Notice.

    

    Legal.  This
Note shall be construed in accordance with the laws of that State of Texas,
which shall be the choice of jurisdiction and venue for purposes of enforcement
of this Note.  If any action is brought to enforce any provision or
collect on this Note, the prevailing party shall be entitled to reimbursement
for all reasonable attorney’s fees and costs, in addition to any other relief to
which that party may be entitled.

    

    
      	 
      	
              Restaurant
      Concepts of America

            
	 
      	 
      
	 
      	 
      
	 
      	
              By:
      /s/
      David Cho

            
	 
      	
              David
      Cho - President / CEO

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