Document:

Share Award Agreement

 Exhibit 10.1 
 INFUSYSTEM HOLDINGS, INC. 
 Share Award Agreement

 This Share Award Agreement (the “Agreement”) by and between Sean McDevitt (the
“Participant”) and InfuSystem Holdings, Inc. (the “Company”), dated this      day of April, 2010, evidences the grant to the Participant of the right to receive up to 2,000,000 shares of common
stock of the Company, par value $0.0001 per share (individually, a “Share” and collectively, the “Shares”), on the following express terms and conditions: 
  

	1.	Delivery of Shares. The following table sets forth the number of Shares that the Company shall deliver to the Participant at the end of any 20 consecutive day
trading period where the Company’s per Share price has closed at or above the following price for each day during such trading period: 

  

			
	 Price Achieved
	  	Number of Shares to
be Delivered
	$5.00	  	250,000
	$7.50	  	250,000
	$10.00	  	500,000
	$15.00	  	1,000,000
		  	 
	Total	  	2,000,000

 The Company shall
have at all times available and reserved for issuance pursuant to this Agreement authorized but unissued Shares in amounts sufficient to meet the Company’s obligations to issue Shares to the Participant under this Agreement. 
  

	2.	Vesting and Forfeiture Provisions. 

 (i) Except as otherwise provided in Sections 2(ii), 2(iii), or 2(iv) of this Agreement, at such time as the Participant is no longer serving for any reason as an officer, director, or employee of the
Company or any subsidiary of the Company, the Participant shall forfeit the right to delivery of any further Shares. 
 (ii) In the event that the Company undergoes a Change in Control (as that term is defined in Section 3 below) while the Participant is serving as an officer, director, or employee of the Company or any subsidiary of the Company or
during the period of one year beginning on the first day after the Participant is no longer serving for any reason as an officer, director, or employee of the Company or any subsidiary of the Company, then the Participant shall become vested in 100%
of the Shares effective immediately prior to the time of the Change in Control. 
 (iii) If the Participant dies
while serving as an officer, director, or employee of the Company, the Participant shall become vested in 100% of the Shares effective immediately prior to his death. 
  

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 (iv) If the Company pays any dividend, other than ordinary course cash
dividends, to its shareholders while the Participant is serving as an officer, director, or employee of the Company or any subsidiary of the Company, the Participant shall become vested in 100% of the Shares effective immediately prior to such
dividend payment. 
  

	3.	Change in Control. For the purposes of this Agreement, the term “Change in Control” means the following and shall be deemed to occur if and
when: 

 (i) any person (as that term is used in Sections 13(d) or 14(d) of the Securities Exchange
Act of 1934, as amended) becomes the beneficial owner (within the meaning of Rule l3d-3 promulgated under the Securities Exchange Act of 1934, as amended) of 35% or more of either the then outstanding shares of common stock or the combined voting
power of the Company’s then outstanding securities entitled to vote generally in the election of directors unless such person is already a beneficial owner on the date of this Agreement, or 
 (ii) individuals who, as of the date hereof, constitute the Board of Directors of the Company (the “Incumbent
Board”) cease for any reason to constitute at least a majority of the Board of Directors of the Company, provided that any individual who becomes a director after the date hereof whose election, or nomination for election by the
Company’s stockholders, is approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered to be a member of the Incumbent Board, or 
 (iii) a merger or consolidation of the Company, other than a merger or consolidation in which the voting securities of the
Company immediately prior to the merger or consolidation continue to represent (either by remaining outstanding or being converted into securities of the surviving entity) fifty-one percent (51%) or more of the combined voting power of the
Company or surviving entity immediately after the merger or consolidation with such other entity, or 
 (iv) the
sale of assets aggregating more than fifty percent (50%) of the assets of the Company on a consolidated basis, or 
 (v) a reorganization, reverse stock split, or recapitalization of the Company which would result in any of the foregoing. 
 Notwithstanding anything contained herein to the contrary, any merger of the Company with InfuSystem, Inc. or a subsidiary or affiliate of InfuSystem, Inc. shall not be deemed to be a Change in Control. In addition to the foregoing, a
liquidation or dissolution of the Company shall be considered a Change in Control so long as the delivery of Shares that is made upon such liquidation or dissolution complies with the procedures set forth in Treasury Regulation
Section 1.409A-3(j)(4)(ix)(A). 
  

	4.	 Issuance of Shares. The Company, or its transfer agent, will deliver the vested Shares and any related stock power to the Participant as soon as
practicable after such Shares become

  

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vested, but no later than March 15th of the year after the year in which the Shares vest. If the Participant dies before the Company has distributed any portion of the vested Shares, the Company will transfer any shares payable with respect
to the vested Shares in accordance with the Participant’s written beneficiary designation or to the Participant’s estate if no written beneficiary designation is provided. If the Participant does not have a will at the time of his death,
any shares payable with respect to the vested Shares will be distributed in accordance with the laws of descent and distribution. 

  

	5.	Taxes. For each year, the Company shall pay to the Participant such additional compensation as is necessary (after taking into account all federal, state, and
local taxes, including income, excise, and employment taxes payable by the Participant as a result of the receipt of such additional compensation) to place the Participant in the same after-tax position he would have been in had no tax been paid or
incurred with respect to the benefits received under this Agreement (the “Tax Gross-Up”). The Tax Gross-Up shall be determined assuming that the maximum federal, state, and local tax rates apply to all such amounts and shall include
interest and penalties, if any. Any applicable Tax Gross-Up shall be paid to the Participant, withheld, or remitted, as applicable, in cash or stock, at the option of the Company, at the appropriate time but no later than December 31 of each
year. Notwithstanding the form of any Tax Gross-Up, it is the intent of the parties that the Participant will be in the same after-tax position he would have been in had no federal, state, and local taxes of any kind (or interest and penalties
thereon) been payable with respect to the benefits received under this Agreement. 

  

	6.	Capital Adjustment. In the event of a stock split, stock dividend, reclassification, reorganization, redesignation, or other change in the Company’s
capitalization or corporate structure, the Price Achieved and the Number of Shares to be Delivered specified in Section 1 above shall be proportionately adjusted or substituted to reflect such change. 

  

	7.	Grant Subject to Plan Provisions. Although the grant of this right, and any Shares issued under this Agreement, are outside of the Company’s 2007 Stock
Incentive Plan (the “Plan”), this grant of this right shall be subject to the terms and conditions of the Plan as in effect on the date of this Agreement (excluding sections 4, 5.1(c), (d), and (e), 6, and 8.4 thereof) as if it were
an Award thereunder, and such terms and conditions are hereby incorporated by reference. Any future amendment, modification, or termination of the Plan shall not be incorporated by reference into this Agreement without the prior written consent of
the Participant. 

  

	8.	Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to any choice of
law or conflict of law provision or rule (whether of the State of New York or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of New York, except to the extent Delaware General
Corporation Law applies by reason of the Company’s incorporation in the State of Delaware. 

  

	9.	Amendment. This Agreement may be amended or modified at any time by mutual agreement between the Company and the Participant. 

  

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	10.	Miscellaneous. A copy of the Plan, and other materials required to be delivered or made available to the Participant, will be delivered or made available
electronically, provided that upon request of the Participant, the Company will deliver to the Participant paper copies of such materials. By accepting the grant of the Shares under this Agreement, the Participant hereby agrees to be bound by the
terms and conditions of the Plan as in effect on the date of this Agreement and this Agreement. The payment of any award, Shares, benefits, or dividends hereunder is expressly conditioned upon the terms and conditions of this Agreement and the Plan
as in effect on the date of this Agreement and the Participant’s compliance with such terms and conditions. Notwithstanding anything to the contrary in this Agreement, in the event the terms of the Plan or any action taken by the Committee (as
defined in the Plan) are inconsistent with the terms of this Agreement, the terms of this Agreement control. 

  

							
	INFUSYSTEM HOLDINGS, INC.	 		 	Agreed to and Accepted by:
				
	By:	 	 /s/ Pat LaVecchia
	 		 	 /s/ Sean McDevitt

		 	Pat LaVecchia	 		 	Sean McDevitt
		 	Vice Chairman	 		 	

  

 A-4Restricted Stock Award Agreement

 Exhibit 10.2 
 INFUSYSTEM HOLDINGS, INC. 
 2007 STOCK INCENTIVE PLAN

 Restricted Stock Award Agreement 
 This Award Agreement evidences the grant of shares of common stock of InfuSystem Holdings, Inc. (the “Company”), par value $0.0001 per share (“Shares”), pursuant to the
InfuSystem Holdings, Inc. 2007 Stock Incentive Plan (the “Plan”), to the individual whose name appears below (the “Participant”), pursuant to the provisions of the Plan and on the following express terms and
conditions. Capitalized terms not otherwise defined herein will each have the meanings assigned to them in the Plan. 
  

	1.	Name of Participant: Sean McDevitt 

  

	2.	Number of Shares Awarded: [            ] (the “Awarded Shares”)

  

	3.	Grant Date: April    , 2010 (the “Grant Date”) 

  

	4.	 Vesting Dates: The Awarded Shares shall vest as to one-third (1/3) of the Awarded Shares on the first anniversary of the Grant Date, as to
one-third (1/3) of the Awarded Shares on the second anniversary of the Grant Date, and as to one-third (1/3) of the Awarded Shares on the third anniversary of the Grant Date (each vesting date, a “Vesting Date”) through
which the Participant continues to serve as a member of the Board. 

  

	5.	Termination of Service: Upon the termination of the Participant’s service as a member of the Board for any reason, any then unvested Awarded Shares shall be
immediately and permanently forfeited to the Company for no consideration. 

  

	6.	Change in Control: In the event that the Company undergoes a Change in Control as hereinafter defined, all Awarded Shares shall vest immediately. For the
purposes hereof, the term “Change in Control” means the following and shall be deemed to occur if and when: (i) any person (as that term is used in Sections 13(d) or 14(d)(2) of the Securities Exchange Act of 1934, as amended) becomes
the beneficial owner (within the meaning of Rule l3d-3 promulgated under the Securities Exchange Act of 1934, as amended) of 50% or more of either the then outstanding shares of common stock or the combined voting power of the Company’s then
outstanding securities entitled to vote generally in the election of directors unless such person is already a beneficial owner on the date of this Award Agreement, or (ii) individuals who, as of the date hereof, constitute the Board of
Directors of the Company (“Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors of the Company, provided that any individual who becomes a director after the date hereof whose election, or
nomination for election by the Company’s stockholders, is approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered to be a member of the Incumbent Board. Notwithstanding anything
contained herein to the contrary, any merger of the Company with InfuSystem, Inc. or a subsidiary or affiliate of InfuSystem, Inc. shall not be deemed to be a Change in Control. 

	7.	Transferability: Awarded Shares that have not become vested may not be transferred, assigned, pledged, hypothecated or otherwise disposed of; however, although
unvested, such Awarded Shares shall carry voting rights and dividend rights. With respect to dividend rights, the Participant shall have the right to receive an amount equal to the amount of any cash dividends paid with respect to a share of common
stock multiplied by the number of Shares underlying the unvested Awarded Shares, provided (i) such dividends shall be subject to the same vesting restrictions and forfeiture provisions that apply to the underlying Awarded Shares, (ii) such
dividends shall be paid in cash, in Shares, or a combination of the foregoing and (iii) such dividends shall be paid on the applicable Vesting Date. 

  

	8.	Tax Obligations. The Company shall reimburse the Participant for any federal or state income tax obligation that arises with respect to the Awarded Shares (the
“Gross-up”), as well as any additional federal or state income tax obligations that arise on account of the Participant’s receipt of the Gross-up. The Participant shall receive such reimbursement amounts within seven (7) days
prior to the date on which the Participant is required to remit the applicable taxes to the applicable taxing authority. 

  

	9.	No Right to Continued Service. Neither the Plan, the grant of the Awarded Shares, nor any other action taken hereunder shall be construed as giving the
Participant or any other person the right to be retained in the employ or service of the Company or any of its Subsidiaries (for the vesting period or any other period of time), nor shall it interfere in any way with the right of the Company or any
of its Subsidiaries to terminate the Participant’s service at any time. 

  

	10.	Share Certificates: Until the applicable Vesting Date, certificates representing the Awarded Shares shall be issued in the name of the Participant, but held in
the physical possession of the Company. Participant shall execute in blank the stock power attached hereto as Annex I, allowing the Company to transfer the Awarded Shares in the event they are forfeited pursuant to paragraph 5 above.

  

	11.	Grant Subject to Plan Provisions. The Awarded Shares are granted pursuant to the Plan, the terms of which are incorporated herein by reference, and in all
respects shall be interpreted in accordance with the Plan. The grant of the Awarded Shares is subject to interpretations, regulations and determinations concerning the Plan established from time to time by the Committee in accordance with the
provisions of the Plan. The Committee shall have the authority to interpret and construe the Awarded Shares pursuant to the terms of the Plan, and its decisions shall be conclusive as to any questions arising hereunder. The Committee shall
administer the Plan and its decisions shall be final, conclusive, and binding on the Company and the Participant. 

  

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	12.	Applicable Law. This Award Agreement shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to any choice
of law or conflict of law provision or rule (whether of the State of New York or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of New York, except to the extent Delaware General
Corporation Law applies by reason of the Company’s incorporation in the State of Delaware. 

  

	13.	Amendment. This Award Agreement may be amended or modified at any time by mutual agreement between the Committee and the Participant or such other persons as may
then have an interest therein. 

 A copy of the Plan, and other materials required to be delivered or made available to the
Participant, will be delivered or made available electronically, provided that upon request of the Participant, the Company will deliver to the Participant paper copies of such materials. By accepting the grant of the Awarded Shares under this Award
Agreement, the Participant hereby agrees to be bound by the terms and conditions of the Plan and this Award Agreement. The payment of any award, Shares, benefits, or dividends hereunder is expressly conditioned upon the terms and conditions of this
Award Agreement and the Plan and your compliance with such terms and conditions. 
  

							
	INFUSYSTEM HOLDINGS, INC.	 		 	Agreed to and Accepted by:
				
	By:	 	 /s/ Pat LaVecchia
	 		 	 /s/ Sean McDevitt

		 	Pat LaVecchia	 		 	Sean McDevitt
		 	Vice Chairman	 		 	

  

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 Annex I 
 STOCK POWER 
 FOR VALUE RECEIVED, the undersigned hereby
sells, assigns and transfers unto INFUSYSTEM HOLDINGS, INC. (the “Company”), [            ] shares of common stock, $0.0001 par value per share, of the Company, registered in the
name of the undersigned on the books and records of the Company, and does hereby irrevocably constitute and appoint Janet Skonieczny attorney to transfer the said stock on the books of the Company with full power of substitution in the premises.

  

	
	  

	Signed (Signature should be in exact form as on stock certificate)
	
	  

	Date

  

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