Document:

Exhibit 10.4(b)

    

    

    International Money Express, Inc. 2018 Omnibus Equity Compensation Plan

    

    

    Form of Non-qualified Stock Option Agreement

    

    

    This Stock Option Agreement (this “Agreement”) is made and entered into as of ___________ by and
      between International Money Express, Inc., a Delaware corporation (the “Company”), and _________ (the “Participant”).

    

    

    	
            Grant Date:

          	 	 

     

    	
            Exercise Price per Share:

          	 	 
	 	 	 
	
            Number of Option Shares:

          	 	 

     

    	
            Expiration Date:

          	 	 

    

    

    
      	1.	
              Grant of Option.

            

    

    

    

    
      		(a)	
              Grant; Type of Option. The Company hereby
                  grants to the Participant an option (the “Option”) to purchase the total number of shares of
                  Common Stock of the Company equal to the number of Option Shares set forth above, at the Exercise Price set forth above. The Option is being granted pursuant to the terms of the International Money Express, Inc. Omnibus Equity Compensation Plan (as may be amended from time to time, the “Plan”). The Option is intended to be a Non-qualified Stock Option and not an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code.

            

    

    

    

    
      		(b)	
              Consideration; Subject to Plan. The grant of the Option is made in consideration of the services to be
                rendered by the Participant to the Company and is subject to the terms and conditions of the Plan. Capitalized terms used but not defined herein will have the meaning ascribed to them in the Plan.

            

    

    

    

    
      	2.	
              Exercise Period; Vesting.

            

    

    

    

    
      		(a)	
              Vesting Schedule. The Option will become vested and exercisable with respect to 25% of the shares on the
                first anniversary of the Grant Date and thereafter shall vest with respect to an additional 25% on an annual basis through the fourth anniversary of the Grant Date until the Option is 100% vested; provided, however, that the Option shall
                become fully vested and exercisable upon a Change of Control. Any unvested portion of the Option will not be exercisable on or after the Participant’s termination of Continuous Service.

            

    

    

    

    
      		(b)	
              Expiration. The Option will expire on the Expiration Date set forth above, or earlier as provided in this
                Agreement or the Plan.

            

    

    

    

    
      	3.	
              Termination of Continuous Service.

            

    

    

    

    
      		(a)	
              Termination for Reasons Other Than Cause, Death, Disability. If the Participant’s Continuous Service is
                terminated for any reason other than Cause, death or disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date three months following the termination
                of the Participant’s Continuous Service or (b) the Expiration Date.

            

    

     

    
      
        

      

    

    “Cause” means, with respect to the Participant (i) if the Participant is a
      party to an employment agreement with the Company or its Affiliates and such agreement provides for a definition of Cause, the definition contained therein; or (ii) if no such agreement exists, or if such agreement does not define Cause: (A) the
      commission of, or plea of guilty or no contest to, a felony or a crime involving moral turpitude or the commission of any other act involving willful malfeasance or material fiduciary breach with respect to the Company or an Affiliate; (B) conduct
      that results in or is reasonably likely to result in harm to the reputation or business of the Company or any of its Affiliates; (C) gross negligence or willful misconduct with respect to the Company or an Affiliate; or (D) material violation of
      state or federal securities laws.  The Administrator, in its absolute discretion, shall determine the effect of all matters and questions relating to whether a Participant has been discharged for Cause.

    

    

    
      		(b)	
              Termination for Cause. If the Participant’s Continuous Service is terminated for Cause, the Option
                (whether vested or unvested) shall immediately terminate and cease to be exercisable.

            

    

    

    

    
      		(c)	
              Termination due to Disability. If the Participant’s Continuous Service terminates as a result of the
                Participant’s Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date 12 months following the Participant’s termination of Continuous Service or
                (b) the Expiration Date.

            

    

    

    

    
      		(d)	
              Termination due to Death. If the Participant’s employment terminates as a result of the Participant’s
                death, the vested portion of the Option may be exercised by the Participant’s estate, by a person who acquired the right to exercise the Option by bequest or inheritance or by the person designated to exercise the Option upon the
                Participant’s death, but only within the time period ending on the earlier of: (a) the date 12 months following the Participant’s termination of employment or (b) the Expiration Date.

            

    

    

    

    
      	4.	
              Manner of Exercise.

            

    

    

    

    
      		(a)	
              Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the
                Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company or its designated agent a notice of intent to exercise in the manner designated by the
                Administrator. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

            

    

    

    

    
      		(b)	
              Payment of Exercise Price. The entire Exercise Price of the Option and any withholding taxes for the
                Option shall be payable:

            

    

    

    

    
      		(i)	
              in cash or by certified or bank check;

            

    

     

    
      2

      
        

      

    

    
      		(ii)	
              with the approval of the Administrator, by withholding shares of Stock subject to the Option, by delivering shares of Stock owned by the Participant or by attestation (on a form
                prescribed by the Administrator) to ownership of shares of Stock (in each case, such shares of Stock shall have an aggregate Fair Market Value on the date of exercise equal to the Option Price);

            

    

    

    

    
      		(iii)	
              in cash, on the settlement date that occurs after the exercise date specified in the notice of exercise, provided that the Participant exercises the Option through an irrevocable
                agreement with a registered broker and the payment is made in accordance with procedures permitted by Regulation T of the Federal Reserve Board and such procedures do not violate applicable law; or

            

    

    

    

    
      		(iv)	
              by such other method as the Administrator may approve, to the extent permitted by applicable law.

            

    

    

    

    
      		(c)	
              Withholding. If the Company, in its discretion, determines that it is obligated to withhold any tax in
                connection with the exercise of the Option, the Participant must make arrangements satisfactory to the Company to pay or provide for any applicable federal, state and local withholding obligations of the Company, or the Company may deduct
                from other wages paid to the Participate the amount of any withholding taxes due with respect to such Grants.

            

    

    

    

    
      		(d)	
              Issuance of Shares. Provided that the exercise notice and payment are in form and substance satisfactory
                to the Company, the Company shall issue the shares of Common Stock registered in the name of the Participant, the Participant’s authorized assignee, or the Participant’s legal representative which shall be evidenced by stock certificates
                representing the shares with the appropriate legends affixed thereto, appropriate entry on the books of the Company or of a duly authorized transfer agent, or other appropriate means as determined by the Company.

            

    

    

    

    
      	
              5.

            	
              No Right to Continued Employment; No Rights as
                    Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an employee, consultant or director of the Company or any of its subsidiaries. Further, nothing
                in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s Continuous Service at any time, with or without Cause. The Participant shall not have any rights as a shareholder with
                respect to any shares of Common Stock subject to the Option unless and until certificates representing the shares have been issued by the Company to the holder of such shares, or the shares have otherwise been recorded on the books of the
                Company or of a duly authorized transfer agent as owned by such holder.

            

    

    

    

    
      	
              6.

            	
              Transferability. The Option is not
                transferable by the Participant other than to a designated beneficiary upon the Participant’s death or by will or the laws of descent and distribution, and is exercisable during the Participant’s lifetime only by him or her. No assignment
                or transfer of the Option, or the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise (except to a designated beneficiary upon death by will or the laws of descent or distribution) will vest in the
                assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Option will terminate and become of no further effect.

            

    

     

    
      3

      
        

      

    

    
      	
              7.

            	
              Adjustments. The terms of this Agreement,
                including the number of shares of Common Stock subject to the Option, shall be adjusted as the Administrator determines is equitably required in the event the Company effects one or more stock dividends, stock splits, subdivisions or
                consolidations of shares or other similar changes in capitalization.

            

    

    

    

    
      	
              8.

            	
              Tax Liability and Withholding.
                Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the
                Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares
                acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.

            

    

    

    

    
      	
              9.

            	
              Compliance with Law. The exercise of the
                Option and the issuance and transfer of shares of Common Stock shall be subject to compliance by the Company and the Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of
                any stock exchange on which the Company’s shares of Common Stock may be listed. No shares of Common Stock shall be issued pursuant to this Option unless and until any then applicable requirements of state or federal laws and regulatory
                agencies have been fully complied with to the satisfaction of the Company and its counsel.

            

    

    

    

    
      	
              10.

            	
              Notices. Any notice required to be
                delivered to the Company under this Agreement shall be in writing and addressed to the Secretary of the Company at the Company’s principal corporate offices. Any notice required to be delivered to the Participant under this Agreement shall
                be in writing and addressed to the Participant at the Participant’s address as shown in the records of the Company. Either party may designate another address in writing (or by such other method approved by the Company) from time to time.

            

    

    

    

    
      	
              11.

            	
              Governing Law. This Agreement will be
                construed and interpreted in accordance with the laws of the State of Delaware without regard to conflict of law principles.

            

    

    

    

    
      	
              12.

            	
              Interpretation. Any dispute regarding the
                interpretation of this Agreement shall be submitted by the Participant or the Company to the Committee for review. The resolution of such dispute by the Committee shall be final and binding on the Participant and the Company.

            

    

    

    

    
      	
              13.

            	
              Options Subject to Plan. This Agreement is
                subject to the Plan as approved by the Company’s shareholders. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated herein by reference. In the event of a conflict between any term or provision
                contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail.

            

    

    

    

    
      	
              14.

            	
              Successors and Assigns. The Company may
                assign any of its rights under this Agreement. This Agreement will be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement will be
                binding upon the Participant and the Participant’s beneficiaries, executors, administrators and the person(s) to whom the Option may be transferred by will or the laws of descent or distribution.

            

    

     

    
      4

      
        

      

    

    
      	
              15.

            	
              Severability. The invalidity or
                unenforceability of any provision of the Plan or this Agreement shall not affect the validity or enforceability of any other provision of the Plan or this Agreement, and each provision of the Plan and this Agreement shall be severable and
                enforceable to the extent permitted by law.

            

    

    

    

    
      	
              16.

            	
              Discretionary Nature of Plan. The Plan is
                discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards
                in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s
                employment with the Company.

            

    

    

    

    
      	
              17.

            	
              Amendment. The Committee has the right to
                amend, alter, suspend, discontinue or cancel the Option, prospectively or retroactively; provided, that, no such amendment shall adversely affect the Participant’s material rights under this Agreement without the Participant’s consent.

            

    

    

    

    
      	
              18.

            	
              No Impact on Other Benefits. The value of
                the Participant’s Option is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

            

    

    

    

    
      	
              19.

            	
              Counterparts. This Agreement may be
                executed in counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. Counterpart signature pages to this Agreement transmitted by facsimile transmission, by electronic
                mail in portable document format (.pdf), or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an
                original signature.

            

    

    

    

    
      	
              20.

            	
              Acceptance. The Participant hereby
                acknowledges receipt of a copy of the Plan and this Agreement. The Participant has read and understands the terms and provisions thereof, and accepts the Option subject to all of the terms and conditions of the Plan and this Agreement. The
                Participant acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the underlying shares and that the Participant should consult a tax advisor prior to such exercise or disposition.

            

    

    

    

    [SIGNATURE PAGE FOLLOWS]

     

    
      5

      
        

      

    

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

     

    
      	 	
              INTERNATIONAL MONEY EXPRESS, INC.

            

       

      	 	
              By:

            	 	 

      		
              Name:

            
	 	
              Title:

            
	 	
	 	
              [EMPLOYEE NAME]

            

      
        		
                By:

              	 	 

        		
                Name:

              

      

       

       

    

    [Stock Option Grant – International Money Express, Inc. 2018 Omnibus Equity Compensation Plan]Exhibit 10.4(c)

      

      

      INTERNATIONAL MONEY EXPRESS, INC. 2018

      OMNIBUS EQUITY COMPENSATION PLAN

      STOCK AWARD AGREEMENT

      

      

      THIS AGREEMENT, dated __________________, 20 ___(the “Date of Grant”), between
          International Money Express, Inc., a Delaware corporation (the “Company”), and ________(“Grantee”), is made pursuant and subject to the provisions of the Company’s Omnibus Equity Compensation Plan (the “Plan”), a copy of which has been made available to the Grantee. All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

      

      

      1.           Award. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company hereby grants the Grantee a Stock Award covering ___________shares of Stock.

       

      

      2.           Vesting.

      

      

      (a)          The shares of Stock subject to this Stock Award shall
          vest with respect to [25]% of the shares on first anniversary of the Grant Date and thereafter shall vest with respect to an additional [25]% on an annual basis through the [fourth] anniversary of the Grant Date until the Stock Award is 100%
          vested, subject to Sections 2(c) and 3 hereof.

      

      

      (b)          From and after the Date of Grant through the date on
          which the Stock Award becomes fully vested pursuant to subparagraph (a) above, the unvested portion of the Stock Award remains subject to forfeiture in accordance with the terms of Sections 2(d) and 3 hereof.

      

      

      (c)          In accordance with the Plan, shares of Stock subject
          to this Stock Award that have not previously vested shall become immediately vested upon a Change of Control.

      

      

      (d)          Shares of Stock subject to this Stock Award that do
          not vest in accordance with this paragraph shall be forfeited.

      

      

      3.           Forfeiture

            and Termination of Service.  No shares of Stock underlying this Stock Award shall vest after, and any unvested portion of the Stock Award shall be forfeited on, the date on which the Participant
          ceases to be employed by the Company or any of its subsidiaries, unless the Participant ceases to be employed by the Company or any of its subsidiaries due to death or disability. If Participant ceases to be employed by the Company or any of its
          subsidiaries due to death or disability, the unvested portion of the Stock Award shall become immediately vested upon such Participant’s termination of employment.

      

      

      4.           Delivery

            of Stock. Delivery of shares of Stock under this Stock Award will comply with all applicable laws (including, the requirements of the Securities Act), and the applicable requirements of any
          securities exchange or similar entity.

      

      

      
        
          

      

      5.           Shareholder

            Rights. The Grantee shall have the right to vote shares of unvested Stock awarded hereunder.  Dividends shall accrue on shares of unvested Stock awarded hereunder and such dividends will be paid to
          Grantee upon the vesting of such shares.

      

      

      6.           Transferability. The shares of Stock subject to this Stock Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered before they vest in accordance with paragraph 2 or 3, as
          applicable. After such Stock Award vests in accordance with paragraph 2 or 3, as applicable, no sale or disposition of such shares shall be made in the absence of an effective registration statement under the Securities Act with respect to such
          shares unless an opinion of counsel satisfactory to the Company that such sale or disposition will not constitute a violation of the Securities Act or any other applicable securities laws is first obtained.

      

      

      7.           Change

            in Capital Structure. The terms of this Agreement, including the number of shares of Stock subject to this Stock Award shall be adjusted as the Board determines is equitably required in the event
          the Company effects one or more stock dividends, stock splits, subdivisions or consolidations of shares or other similar changes in capitalization.

      

      

      8.           Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the Date of Grant and the provisions of this Agreement, the provisions of the Plan shall govern. All references herein to the
          Plan mean the Plan as in effect on the date hereof.

      

      

      9.           Grantee

            Bound by Plan. The Grantee hereby acknowledges that a copy of the Plan has been made available to him or her and agrees to be bound by all the terms and provisions thereof.

      

      

      10.          Binding

            Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the successors of the Grantee and any transferee of the Grantee in
          accordance with paragraph 6 and the successors of the Company.

      

      

      11.          Governing

            Law. This Agreement shall be governed by the laws of the State of Delaware.

      

      

      [Signatures appear on following page]

       

        

      
        
          

      

      IN WITNESS WHEREOF, the Company has caused its
          duly authorized officer to execute this Agreement, and the Grantee has placed his or her signature hereon, effective as of the Date of Grant.

      

      

      	INTERNATIONAL MONEY EXPRESS, INC.	Attest:

      

      

      	
              By:

            	 	 	
              By:

            	 	 

      	
              Name:

            	
              Name:

            
	
              Title:

            	
              Title:

            

       

      

      I hereby accept this Grant and I agree to be bound by the terms of the Plan and this Grant. I further agree that all of the decisions and interpretations of
          the Company with respect thereto shall be final and binding.

      

      

      ACCEPTED AND AGREED TO:

      

      

      	
              By:

            	 	 

      

      

      	
              

              

            	 
	
              Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}]]