Document:

Restricted Stock Award

 Exhibit 10.31 
  
 RESTRICTED STOCK AWARD 
 (SUPPLEMENTAL) 
  
 RESTRICTED STOCK AWARD
AGREEMENT (“Agreement”) dated as of                 , 200    , between MIDAS, INC., a Delaware corporation (the
“Corporation”), and                                 ,
                                        
         of the Corporation (the “Holder”). 
  
 WHEREAS, the Board of Directors of the Corporation (the “Board”) has established and the shareholders have approved the MIDAS, INC. Stock
Incentive Plan (the “Plan”); 
  
 WHEREAS, the Board, in
accordance with the provisions of the Plan, has selected the Holder as a salaried key management employee who, in the Board’s judgment, has significant potential for making substantial contributions to corporate growth and objectives;

  
 WHEREAS, in order to reward the Holder for services to be
rendered in a manner that relates directly to the Corporation’s performance and further the identity of interests of the Holder and the Corporation’s shareholders through opportunities for increased stock ownership by the Holder, the Board
has determined that the Holder be granted a Restricted Stock Award under the Plan; 
  
 NOW, THEREFORE, in consideration of the foregoing and the Holder’s acceptance of the terms and conditions hereof, the parties hereto have agreed, and do hereby agree, as follows: 
  
 1. The Corporation hereby grants to the Holder, as a matter of separate
agreement and not in lieu of salary or any other compensation for services,              shares of Common Stock of the Corporation (the “Restricted Stock Award”) on the
terms and conditions herein set forth. 
  
 2. The certificates
representing the shares of Common Stock granted to the Holder shall be registered in the name of the Holder and retained in the custody of the Corporation until such time as they are delivered to the Holder or forfeited to the Corporation in
accordance with the terms hereof (the “Restriction Period”). During the Restriction Period, the Holder will be entitled to vote such shares and to receive dividends paid on such shares (less any amounts, if any, which the Corporation is
required to withhold for taxes). 
  
 3. If the Holder shall have
been continuously in the employment of the Corporation or one of its subsidiaries for a period of four (4) years from the date of grant of this Restricted Stock Award, the Corporation shall deliver to the Holder on or about the fourth (4th) anniversary thereof a certificate, registered in the name of the Holder and free of restrictions hereunder, representing all
of the shares granted to the Holder pursuant to this Agreement. No payment shall be required from the Holder in connection with any delivery to the Holder of shares hereunder, except that the Holder agrees to pay whatever income withholding tax the
Corporation is obligated to collect as a part of the delivery of the shares. 
  
 4. In the event of the termination of employment of the Holder, by reason of Retirement (as defined in the Plan), death or disability, and if there then remain any undelivered shares subject to restrictions hereunder,
then such restrictions shall be deemed to have lapsed and the certificates for the remaining shares shall forthwith be delivered to such retired Holder (or his beneficiary, estate or heirs). 

 5. Subject to the provisions of paragraph 4 above, if the Holder ceases to be an employee of the
Corporation for any reason during the Restriction Period, then the Holder shall cease to be entitled to delivery of any of the shares covered by this Agreement which have not theretofore been delivered by the Corporation pursuant to paragraph 3
above, and all rights of the Holder in and to such undelivered shares shall be forfeited. The Holder is contemporaneously executing the attached Powers of Attorney To Transfer Stock to effectuate the forfeiture provisions contained in this Paragraph
5. Notwithstanding the forfeiture provided herein, the Board may, within 120 days after such termination of employment, in its sole discretion, determine whether such former Holder shall receive all or any part of the undelivered shares granted
pursuant to this Agreement and whether to impose any conditions in connection therewith. In addition, the Board shall from time to time determine in its sole discretion whether any period of non-active employment, including authorized leaves of
absence, or absence by reason of military or governmental service, shall constitute termination of employment for the purposes of this paragraph. 
  
 6. The granting of this Restricted Stock Award shall not in any way prohibit or restrict the right of the Corporation to terminate the Holder’s
employment at any time, for any reason. The Holder shall have no right to any prorated portion of the shares of Common Stock otherwise deliverable to the Holder on the anniversary hereof next following a termination of employment (whether voluntary
or involuntary) in respect of a partial year of employment. 
  
 7.
While shares of Common Stock are held in custody for the Holder pursuant to this Agreement, they may not be sold, transferred, pledged, exchanged, hypothecated or disposed of by the Holder and shall not be subject to execution, attachment or similar
process. 
  
 8. This Agreement and each and every obligation of
the Corporation hereunder are subject to the requirement that if at any time the Corporation shall determine, upon advice of counsel, that the listing, registration or qualification of the shares covered hereby upon any securities exchange or under
any state or Federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition of or in connection with the granting hereof or the delivery of shares hereunder, then the delivery of shares
hereunder to the Holder may be postponed until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board. 
  
 9. In addition to amounts in respect of taxes which the Corporation shall be
required by law to deduct or withhold from any dividend payments on the shares covered hereby, the Corporation may defer making any delivery of shares under this Agreement until completion of arrangements satisfactory to the Corporation for the
payment of any other applicable taxes, whether through share withholding provided for by the Plan or otherwise. 
  
 10. The Holder may elect, by written notice to the Corporation, to pay through withholding by the Corporation all or a portion of the estimated federal,
state, local and other taxes arising from the vesting or distribution of shares of Common Stock pursuant to this Restricted Stock Award (a) by having the Corporation withhold shares of Common Stock or (b) by delivering previously-owned shares, in
each case being such number of shares of Common Stock as shall have a fair market value equal to the amount of taxes to be withheld, rounded up to the nearest whole share. 
  
 11. In the event of a “change in control”, as that term is defined in the Plan, then the Holder shall have all the
rights specified in Paragraph 10(B) of the Plan. 

 12. Defined words used in this Agreement shall have the same meaning as set forth in the definitions
section or elsewhere in the Plan, the terms and conditions of which shall constitute an integral part hereof. 
  
 13. Any notice which either party hereto may be required or permitted to give the other shall be in writing and may be delivered personally or by mail,
postage prepaid, addressed to the Secretary of the Corporation at its principal office and to the Holder at his address as shown on the Corporation’s payroll records, or to such other address as the Holder by notice to the Corporation may
designate in writing from time to time. 
  
 14. The Board shall
have the right to resolve all questions which may arise in connection with this Restricted Stock Award. Any interpretation, determination or other action made or taken by the Board regarding the Plan or this Restricted Stock Award shall be final,
binding and conclusive. 
  

			
	MIDAS, INC.
		
	 By:
	 	  

	 	 	Chairman and Chief Executive Officer

  

					
	ACCEPTED:	 	 	 	 
			
	Holder:	 	 	 	 
			
	
	 	 	 	

	Name	 	 	 	Date

 POWER OF ATTORNEY TO TRANSFER STOCK 
  
 FOR VALUE RECEIVED, I,
                                        ,
hereby irrevocably constitute and appoint the Secretary of Midas, Inc. (the “Corporation”) to be my attorney-in-fact to transfer to MIDAS, INC.
[                ] shares of the Common Stock of the Corporation granted to me as Restricted Stock, standing in my name on the books of the Corporation, and
represented by Certificate No.                  (the “Restricted Shares”) with full power of substitution in the premises; 
  
 PROVIDED HOWEVER, that exercise of this Power
of Attorney shall be expressly conditioned upon a forfeiture of the Restricted Shares pursuant to the Restricted Stock Award dated                 ,
200    . On the day the Restricted Shares are no longer restricted, this Power of Attorney shall be null and void and the original shall be delivered to me together with the Certificate to which it refers. 
  
 Dated:
                , 200    . 
  

			
	

		
	Name:	 	  

  

	
	In the presence of:Employment Confirmation Letter

 Exhibit 10.32 
  

			
	John D. Angster	 	(630) 438-3355
	Vice President	 	Fax (630) 438-3880
	Human Resources	 	 

  
 PERSONAL AND
CONFIDENTIAL 
  
 June 13, 2003 
  
 Mr. Rick Dow 
 633 Thoreau Drive 
 Burnsville, MN 55337 
  
 Dear Rick: 
  
 It is with great pleasure that we at Midas confirm the offer of employment to you as Senior Vice President and Chief Marketing Officer reporting to the Chief Executive
Officer, Alan Feldman. The effective date of your employment is June 13, 2003. 
  
 Your base salary will be at an initial annual rate of $225,000 and will be reviewed annually. 
  
 You will be a participant in the Midas Annual Incentive Compensation Plan. Incentive compensation awards are contingent on company and individual performance and are earned and paid in the year following that for
which performance is measured. Your target incentive opportunity shall be fifty (50) percent of base salary. For 2003, you will be eligible for a pro-rata award based on that portion of the plan year you were employed by Midas International.

  
 As a material inducement to your acceptance of employment with the company,
you will, upon your employment, be granted a stock option agreement providing for the option to purchase 60,000 shares of Midas. Inc. The options have a vesting schedule which provides for one-fifth of the grant vesting on each of the next five
anniversary dates of your employment. The option “price” is determined by Midas’ closing price on the date of your employment. If you retire, become disabled, or die, all options not yet vested will immediately vest to you or your
legal representative. If you voluntarily terminate your employment with notice or are terminated by the company, all options not theretofore vested shall be forfeited. 
  
 Also as a material inducement to your acceptance of employment with the company, you will, upon your employment, receive a restricted stock
agreement providing for a grant of 10,000 shares of Midas, Inc. These restricted shares will have a vesting schedule which provide for one-fourth of the grant on each of the next four anniversary dates of your employment. If you retire, become
disabled, or die, all shares not yet vested will immediately vest to you or your legal representative. If you voluntarily terminate your employment with notice or are terminated by the company, all shares not theretofore vested shall be forfeited.

 Mr. Rick Dow 
 June 13, 2003

 Page 2 
  
 The stock option and restricted stock grants described above are subject to Board approval and are being made outside of the Midas, Inc. Stock Incentive Plan, but will be governed by the provisions of such Plan as if
they had been granted under it. 
  
 Subject to Board approval, you will be
provided with a Change in Control Agreement. This agreement provides for (i) a lump sum payment in an amount equal to three (3) times your then current base salary and incentive compensation (grossed up for excise taxes) in the event of any
involuntary termination of your employment without cause at any time within three (3) years after a change of control of Midas, Inc. (all as defined in the agreement), and (ii) continuation of executive medical, dental and basic life insurance
benefits for a three (3) year period. 
  
 In the event of any involuntary
termination of your employment (excluding engagement in gross conduct injurious to the Company), you will be provided with (i) a lump sum payment equal to twelve (12) months of base salary (excluding automobile allowance), and (ii) reimbursement for
COBRA coverage (medical and dental) for a twelve (12) month period immediately following termination. You would not be entitled to these severance payments in the event of a termination following a change of control of the nature described in
Section 4(b) of your Change in Control Agreement, but only to the extent that such agreement is then still in effect. 
  
 You will also be eligible for participation in a personal financial planning assistance program. As a result, you will be reimbursed up to $5,000 annually for
professional financial counseling including attorneys’ and accountants’ fees, for investment and insurance advice, tax planning (including preparation of tax returns), compensation and benefits analysis and estate planning. 
  
 You will be immediately eligible for participation in the Midas Health Plan. You have the
option of either the Preferred Provider Plan or the Point of Service Plan. In addition, you are eligible to participate in the Executive Medical Reimbursement account which provides for the reimbursement of incurred expenses which are not covered by
the Midas Health and Dental Plans of up to a maximum of $6,000 per year. 
  
 You
also will be immediately eligible to participate in the Executive Life Insurance (term life) and Executive Disability Program. Further explanation of the above and enrollment forms will be provided to you upon joining the company. 
  
 You will be immediately eligible for participation in the Midas Executive Retirement Program
(deferred compensation) and the Midas Retirement Savings Plan (401-K) and pension program. Midas’ Executive Retirement Program provides for the deferral of income (up to 15 percent of base salary and annual incentive in any year). The
executive’s deferral is matched dollar-for-dollar by the company up to 6 percent of the executive’s compensation. The amounts deferred under the plan are invested at prime rate. You would first participate in the Midas 401-K plan (at the
same company match after the first year) to the IRS limits and then, for amounts exceeding the IRS limits, in the Executive Retirement Plan. A copy of the plan will be provided to you upon joining the company. 

 Mr. Rick Dow 
 June 13, 2003

 Page 3 
  
 You will receive an automobile allowance of $1,550 per month. 
  
 You will receive four weeks of vacation commencing in your first year of employment and thereafter until you are eligible to receive additional vacation time under company policy. 
  
 You will be provided relocation assistance including expense reimbursement for house hunting,
new home purchase costs, temporary living for up to 150 days, an additional relocation travel allowance up to $4,000 over eighteen (18) months for commuting between Chicago and Minneapolis, movement of household goods, and a miscellaneous relocation
allowance. 
  
 This offer is contingent upon your taking and satisfactorily
passing a drug screen exam and submitting to a background verification check. Upon acceptance of this offer, Midas will forward information to you regarding drug screening and background verification. 
  
 I very much look forward to your joining us. I strongly believe that both you and Midas will
derive substantial benefit from this professional association. If you have any questions about any aspect of this letter or your employment arrangements, please feel free to call me. 
  
 Sincerely, 
  
 John D. Angster 
 Vice President Human Resources 
  
 JDA:pl 
  
 c: A. Feldman 
  
 I understand and agree to the above terms: 
  

			
	  

	 	

	(Date)	 	(Signature)

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