Document:

<![CDATA[Amended & Restated AtriCure, Inc. 2014 Stock Incentive Plan]]>

 Exhibit 10.1 

ATRICURE, INC. 
 AMENDED
AND RESTATED 2014 STOCK INCENTIVE PLAN 

 TABLE OF CONTENTS 

 

							
	1.	 	 Purposes
	  	 	1	  
			
	2.	 	 Definitions
	  	 	1	  
			
	3.	 	 Administration of the Plan
	  	 	5	  
		 	 (a)    Authority of Committee
	  	 	5	  
		 	 (b)    Binding Authority
	  	 	6	  
		 	 (c)    Delegation of Authority
	  	 	6	  
			
	4.	 	 Eligibility
	  	 	6	  
			
	5.	 	 Common Shares Subject to the Plan
	  	 	6	  
		 	 (a)    Authorized Number of Common Shares
	  	 	6	  
		 	 (b)    Share Counting
	  	 	7	  
		 	 (c)    Award Limitations
	  	 	7	  
		 	 (d)    Shares to be Delivered
	  	 	8	  
			
	6.	 	 Awards to Participants
	  	 	8	  
		 	 (a)    Stock Options
	  	 	8	  
		 	 (b)    Stock Appreciation Rights
	  	 	10	  
		 	 (c)    Restricted Shares and Restricted Share Units
	  	 	11	  
		 	 (d)    Performance-Based Exception
	  	 	12	  
		 	 (e)    Unrestricted Share Awards
	  	 	13	  
			
	7.	 	 Deferred Payment
	  	 	13	  
			
	8.	 	 Dilution and Other Adjustments
	  	 	13	  
			
	9.	 	 Change in Control
	  	 	14	  
			
	10.	 	 Termination
	  	 	14	  
		 	 (a)    Termination by Death, Disability, or Retirement
	  	 	14	  
		 	 (b)    Termination for Cause
	  	 	15	  
		 	 (c)    Other Terminations
	  	 	15	  
		 	 (d)    Limitation for ISOs
	  	 	15	  
		 	 (e)    Transfers and Leaves of Absence
	  	 	15	  
			
	11.	 	 Recoupment or Recovery Policy
	  	 	15	  
			
	12.	 	 Miscellaneous Provisions
	  	 	16	  
		 	 (a)    Rights as a Shareholder
	  	 	16	  
		 	 (b)    No Loans
	  	 	16	  
		 	 (c)    Assignment or Transfer
	  	 	16	  
		 	 (d)    Withholding Taxes
	  	 	16	  
		 	 (e)    No Rights to Awards
	  	 	16	  

  
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		 	 (f)     Beneficiary Designation
	  	 	16	  
		 	 (g)    Fractional Shares
	  	 	17	  
		 	 (h)    Unfunded Plan
	  	 	17	  
		 	 (i)     Severability
	  	 	17	  
		 	 (j)     Limitation of Liability
	  	 	17	  
		 	 (k)    Successors
	  	 	17	  
		 	 (l)     Code Section 409A Compliance
	  	 	17	  
			
	13.	 	 Effective Date, Amendments, Governing Law and Plan Termination
	  	 	17	  
		 	 (a)    Effective Date
	  	 	17	  
		 	 (b)    Amendments
	  	 	17	  
		 	 (c)    Governing Law
	  	 	18	  
		 	 (d)    Plan Termination
	  	 	18	  

  
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 ATRICURE, INC. 

AMENDED AND RESTATED 2014 STOCK INCENTIVE PLAN 

1. Purposes 
 The purposes of the
Plan are to provide long-term incentives to those persons with significant responsibility for the success and growth of the Company, to align the interests of such persons with those of the Company’s shareholders, to assist the Company in
recruiting, retaining and motivating employees, directors and consultants on a competitive basis and to link compensation to performance. 
 2.
Definitions  
 For purposes of the Plan, the following capitalized terms shall have the meanings specified below: 

(a) “Affiliate” has the meaning set forth in Rule 12b-2 under the Exchange Act. 

(b) “Award” means a grant of Stock Options, Stock Appreciation Rights, Restricted Shares, Restricted Share Units, or unrestricted
Common Shares or any or all of them, to a Participant. 
 (c) “Award Agreement” means an agreement, either in written or electronic
format, between the Company and a Participant setting forth the terms and conditions of an Award granted to the Participant. 
 (d)
“Beneficial Owner” has the meaning given in Rule 13d-3 under the Exchange Act. 
 (e) “Board” means the Board of
Directors of the Company. 
 (f) “Cause” means with respect to any Participant, unless otherwise provided in the applicable Award
Agreement (i) indictment for, conviction of, or plea of guilty or no contest by the Participant to a felony, or of any criminal act, that has an adverse effect on the Participant’s qualifications or ability to perform his duties;
(ii) the unreasonable deliberate and material failure or refusal by the Participant to perform his employment duties (other than as a result of PTO, sickness, disability, illness or injury), and the failure to rectify the same within thirty
(30) days after the Company shall have given notice to the Participant identifying such failure or refusal and demanding that it be rectified; (iii) the Participant’s commission of any act of fraud, embezzlement, dishonesty or other
misconduct that has caused, or would reasonably be expected to cause, material injury or economic harm to the Company; (iv) an act of gross negligence on the part of the Participant that has caused, or would reasonably be expected to cause,
material injury or economic harm to the Company; (v) a deliberate and material violation of a written material Company policy; or (vi) a material breach of the Plan or any change-in control or non-disclosure agreement to which Participant
and the Company may be parties (or, in each case, any successor thereto or amendment thereof) which (and only if the same shall be curable) Participant fails to cure within thirty (30) days after the Company shall have given notice to the
Participant identifying such breach and demanding that it be cured. Any purported termination by the Company for Cause which does not satisfy the applicable requirements of this Section (2)(f) shall be conclusively deemed to be a termination by
the Company without Cause for purposes of the Plan. 

  
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 (g) “Change in Control” means the occurrence of any of the following events: 

(i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial owner” (as
defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; 

(ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; 

(iii) A change in the composition of the Board occurring within a two-year period, as a result of which fewer than a majority of the directors
are Incumbent Directors. “Incumbent Directors” means directors who either (A) are directors as of the effective date of the Plan, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least
a majority of the Incumbent Directors at the time of such election or nomination (but will not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to
the Company); or 
 (iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or
consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its
parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation. 

(h) “Code” means the Internal Revenue Code of 1986, as amended, and any rules, regulations or guidance promulgated thereunder. Any
reference to the Code or a section thereof shall also refer to any successor Code or section. 
 (i) “Committee” means a committee
appointed by the Board consisting of at least three members of the Board, all meeting the definitions of “outside director” set forth in Code Section 162(m), “independent director” set forth in The Nasdaq Stock Market rules,
and “non-employee director” set forth in Rule 16b-3 of the Exchange Act, or any successor definitions adopted for a similar purpose by the Internal Revenue Service, any national securities exchange on which the Common Shares are listed or
the Securities and Exchange Commission. 
 (j) “Common Share” or “Common Shares” means one or more of the shares of
common stock, par value $.001, of the Company. 
 (k) “Company” means AtriCure, Inc., a corporation organized under the laws of the
State of Delaware, its subsidiaries, divisions and affiliated businesses. 

  
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 (l) “Date of Grant” means the date on which the Committee authorizes the grant of an
Award or such later date as may be specified by the Committee in such authorization. 
 (m) “Disability” means total and permanent
disability as defined in Section 22(e)(3) of the Code, provided that in the case of Awards other than ISOs, the Committee in its discretion may determine whether a permanent and total disability exists in accordance with uniform and
non-discriminatory standards adopted by the Committee from time to time. 
 (n) “Effective Date” has the meaning set forth in
Section 13(a). 
 (o) “Exchange Act” means the Securities Exchange Act of 1934, as amended, and any rules, regulations,
schedules or guidance promulgated thereunder. Any reference to the Exchange Act or a section thereof shall also refer to any successor Exchange Act or section. 

(p) “Exercise Price” means the purchase price of a Common Share covered by a Stock Option or SAR, as applicable. 

(q) “Fair Market Value” on any date means the closing price of the Common Shares as reported on The Nasdaq Stock Market or, if
applicable, any other national securities exchange on which the Common Shares are principally traded, or, if there were no sales of Common Shares on such date, then on the immediately preceding date on which there were any sales of Common Shares. If
the Common Shares cease to be traded on a national securities exchange, the Fair Market Value shall be determined pursuant to a reasonable valuation method prescribed by the Committee. In the case of an ISO (or Tandem SAR), Fair Market Value shall
be determined by the Committee in accordance with Code Section 422. For Awards intended to be exempt from Code Section 409A, Fair Market Value shall be determined by the Committee in accordance with Code Section 409A. 

(r) “Full-Value Award” means Restricted Shares, Restricted Share Units or unrestricted Common Shares. 

(s) “ISO” means an Incentive Stock Option satisfying the requirements of Code Section 422 and designated as an ISO by the
Committee. 
 (t) “Non-Employee Director” means a member of the Board who is not an employee of the Company. 

(u) “NQSO” means a non-qualified Stock Option that does not satisfy the requirements of Code Section 422 or that is not
designated as an ISO by the Committee. 
 (v) “Participant” means a person eligible to receive an Award under the Plan, as set
forth in Section 4, and designated by the Committee to receive an Award subject to the conditions set forth in the Plan and any Award Agreement. 

(w) “Performance-Based Exception” means the performance-based exception to the deductibility limitations of Code Section 162(m),
as set forth in Code Section 162(m)(4)(C). 

  
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 (x) “Performance Goals” means the goals established by the Committee, as described in
Section 6(d)(ii). 
 (y) “Performance Measures” means the criteria set out in Section 6(d)(iii) that may be used by the
Committee as the basis for a Performance Goal. 
 (z) “Performance Period” means the period established by the Committee during
which the achievement of Performance Goals is assessed in order to determine whether and to what extent an Award that is conditioned on attaining Performance Goals has been earned. 

(aa) “Person” shall have the meaning given in Section 3(a)(9) of the Exchange Act, except that such term shall not include
(i) the Company or any of its Affiliates, (ii) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any of its subsidiaries, (iii) an underwriter temporarily holding securities pursuant to
an offering of such securities or (iv) a corporation owned, directly or indirectly, by the shareholders of the Company in substantially the same proportions as their ownership of Company securities. 

(bb) “Plan” means the AtriCure, Inc. Amended and Restated 2014 Stock Incentive Plan, as amended and restated from time to time. 

(cc) “Prior Plan” means the AtriCure, Inc. 2005 Equity Incentive Plan, as it may have been amended and restated. 

(dd) “Restricted Shares” means Common Shares that are subject to restrictions, as described in Section 6(c). 

(ee) “Restricted Share Units” means a right, as described in Section 6(c), denominated in Common Shares to receive an amount,
payable in either cash, Common Shares, Restricted Shares, or a combination thereof, equal to the value of a specified number of Common Shares. 

(ff) “Restriction Period” means, with respect to any Full-Value Award, the period during which any risk of forfeiture or other
restrictions set by the Committee, including performance restrictions, remain in effect until such time as they have lapsed under the terms and conditions of the Full-Value Award or as otherwise determined by the Committee, including the Performance
Period for Full-Value Awards intended to qualify for the Performance-Based Exception. 
 (gg) “Retirement” means retirement with
the Company at or after age 65 or at or after the later of age 55 and ten years of service. 
 (hh) “Securities Act” means the
Securities Act of 1933, as amended, and any rules, regulations, schedules or guidance promulgated thereunder. Any reference to the Securities Act or a section thereof shall also refer to any successor Securities Act or section. 

(ii) “Stock Appreciation Right” or “SAR” means the right, as described in Section 6(b), to receive a payment equal to
the excess of the Fair Market Value of a Common Share on the date the SAR is exercised over the Exercise Price established for that SAR at the time of grant, multiplied by the number of Common Shares with respect to which the SAR is exercised. 

  
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 (jj) “Stock Option” means the right, as described in Section 6(a), to purchase
Common Shares at a specified price for a specified period of time. Stock Options include ISOs and NQSOs. 
 (kk) “Tandem SAR” means
a SAR granted in tandem with a Stock Option. 
 3. Administration of the Plan  

(a) Authority of Committee. The Plan shall be administered by the Committee. Unless otherwise determined by the Board, the
Compensation Committee of the Board shall serve as the Committee. The Committee shall have all the powers vested in it by the terms of the Plan, such powers to include the sole and exclusive authority to (within the limitations described in the
Plan): 
 (i) select Participants to be granted Awards under the Plan and grant Awards pursuant to the terms of the Plan; 

(ii) determine the type, size and terms of the Awards to be granted to each Participant; 

(iii) determine the time when Awards are to be granted and any conditions that must be satisfied before an Award is granted; 

(iv) establish objectives and conditions for earning an Award; 

(v) determine all other terms and conditions, not inconsistent with the terms of the Plan and any operative employment or other agreement, of
any Award granted under the Plan, and determine the appropriate Award Agreement evidencing the Award; 
 (vi) determine whether the terms,
conditions, and objectives for earning an Award have been met, including, without limitation, any such determination or certification, as the case may be, required for compliance with Code Section 162(m); 

(vii) modify or waive the terms and conditions of Awards granted under the Plan, not inconsistent with the terms of the Plan and any operative
employment or other agreement, accelerate the vesting, exercise or payment of an Award or cancel or suspend an Award; 
 (viii) determine
whether the amount or payment of an Award should be reduced or eliminated, and determine if, when and under what conditions payment of all or any part of any Award may be deferred; 

(ix) determine the guidelines and/or procedures for the payment or exercise of Awards; 

(x) determine whether an Award should qualify, regardless of its amount, as deductible in its entirety for federal income tax purposes,
including whether any Awards granted to an employee should qualify for the Performance-Based Exception; 

  
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 (xi) adopt, alter and repeal such administrative rules, guidelines and practices governing the
Plan; 
 (xii) construe, interpret, administer and implement the Plan, any Award Agreements or related documents and correct any defect,
supply an omission or reconcile any inconsistency in or between the Plan, any Award Agreement or related documents; and 
 (xiii) make
factual determinations with respect to the Plan and any Awards and otherwise supervise the administration of the Plan. 
 (b) Binding
Authority. The Committee’s interpretations of the Plan, and all actions taken and determinations made by the Committee pursuant to the powers vested in it under the Plan, shall be conclusive and binding on all parties, including the
Company, its shareholders and all Participants. 
 (c) Delegation of Authority. To the extent not prohibited by law or
the rules of the national securities exchange on which the Company’s Common Shares are listed, the Committee may allocate its authority hereunder to one or more of its members or delegate its authority hereunder to one or more Non-Employee
Directors, except that no such allocation or delegation shall be permitted with respect to Awards intended to qualify for the Performance-Based Exception, and may grant authority to employees of the Company to execute documents on behalf of the
Committee or to otherwise assist in the administration and operation of the Plan. The Committee may delegate to the Company’s Chief Executive Officer, with the required approval of the Company’s Chief Financial Officer, the authority to
grant new hire and recognition Awards to Service Providers other than directors and officers representing up to an annual aggregate amount of 250,000 Shares. When the Committee otherwise delegates its authority hereunder to one or more officers of
the Company, it shall specify the total number of Awards that the officer or officers may award and the terms on which any Awards may be issued, offered or sold. In no event shall the Committee authorize any officer to designate an officer delegated
authority under the Plan as a recipient of any Awards. 
 4. Eligibility  

Subject to the terms and conditions of the Plan, the Committee may select, from all eligible persons, Participants to whom Awards shall be granted under the
Plan and shall determine the nature and amount of each Award. Eligible persons include any of the following individuals: (i) any officer or key employee of the Company, (ii) any consultant (as defined in the General Instructions to the
Form S-8 registration statement under the Securities Act) to the Company, and (iii) any Non-Employee Director. All Awards shall be evidenced by an Award Agreement, and Awards may be conditioned upon the Participant’s execution of an Award
Agreement. 
 5. Common Shares Subject to the Plan  

(a) Authorized Number of Common Shares. Unless otherwise authorized by the Company’s shareholders and subject to this
Section 5 and Section 8, the maximum aggregate number of Common Shares available for issuance under the Plan is 1,300,000, plus (i) the number of Common Shares that, on the Effective Date, are available to be granted under the Prior
Plan but which are not then subject to outstanding awards under the Prior Plan, and (ii) the 

  
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number of Common Shares subject to outstanding awards under the Prior Plan as of the Effective Date which thereafter are forfeited, settled in cash or cancelled or expire. Upon the Effective
Date, the Prior Plan will terminate; provided that all outstanding awards under the Prior Plan as of the Effective Date shall remain outstanding and shall be administered and settled in accordance with the provisions of the Prior Plan, as
applicable. 
 (i) The maximum number of Common Shares available for grant with respect to Full-Value Awards is 1,300,000. 

(ii) The maximum number of Common Shares available for issuance with respect to ISOs is 1,300,000. 

(b) Share Counting. The following rules shall apply in determining the number of Common Shares available for grant under the
Plan: 
 (i) Common Shares subject to any Award shall be counted against the maximum share limitation as one Common Share for every Common
Share subject thereto. 
 (ii) To the extent that any Award is forfeited, cancelled, settled in cash, returned to the Company for failure to
satisfy vesting requirements or other conditions of the Award or otherwise terminates without an issuance of Common Shares being made, the maximum share limitation shall be credited with one Common Share for each Common Share subject to such Award,
and such number of credited Common Shares may again be made subject to Awards under the Plan. 
 (iii) Any Common Shares tendered by a
Participant or withheld as full or partial payment of withholding or other taxes or as payment for the exercise or conversion price of an Award or repurchased by the Company with Stock Option proceeds shall not be added back to the number of Common
Shares available for issuance under the Plan. Upon exercise of a SAR, the number of Common Shares subject to the Award that are being exercised shall be counted against the maximum aggregate number of Common Shares that may be issued under the Plan
on the basis of one Common Share for every Common Share subject thereto, regardless of the actual number of Common Shares used to settle the SAR upon exercise. 

(iv) Any Common Shares underlying Awards granted through the assumption of, or in substitution for, outstanding awards previously granted to
individuals who become employees of the Company as a result of a merger, consolidation, acquisition or other corporate transaction shall not, unless required by law or regulation, count against the reserve of available Common Shares under the Plan.

 (c) Award Limitations. Subject to the adjustment provisions of Section 8, the following limits shall apply with respect
to Awards intended to qualify for the Performance-Based Exception: 
 (i) The maximum aggregate number of Common Shares that may be subject
to Stock Options or SARs granted in any calendar year to any one Participant shall be 1,300,000 Common Shares. 

  
 7 

 (ii) The maximum aggregate number of Common Shares that may be subject to Full-Value Awards
granted in any calendar year to any one Participant shall be 1,300,000 Common Shares. 
 (d) Shares to be Delivered. Common
Shares to be delivered by the Company under the Plan may consist in whole or in part of authorized but unissued shares or treasury shares. 
 6. Awards
to Participants  
 (a) Stock Options. 

(i) Grants. Subject to the terms and conditions of the Plan, Stock Options may be granted to Participants, in such number and
upon such terms and conditions as the Committee determines, and may consist of ISOs or NQSOs. Stock options may be granted alone or with Tandem SARs. With respect to Stock Options granted with Tandem SARs, the exercise of either such Stock Options
or Tandem SARs will result in the simultaneous cancellation of the same number of Stock Options or Tandem SARs, as the case may be.  

(ii) Exercise Price. The Exercise Price shall be equal to or, at the Committee’s discretion, greater than the Fair Market
Value on the date the Stock Option is granted, unless the Stock Option was granted through the assumption of, or in substitution for, outstanding awards previously granted to individuals who became employees of the Company as a result of a merger,
consolidation, acquisition or other corporate transaction, in which case the assumption or substitution shall be accomplished in a manner that permits the Stock Option to be exempt from Code Section 409A.  

(iii) Term. The term of Stock Options shall be determined by the Committee in its sole discretion, but in no event shall the term
exceed ten years from the Date of Grant.  
 (iv) ISO Limits. ISOs may be granted only to Participants who are employees
of the Company (or of any parent or subsidiary corporation within the meaning of Code Section 424) on the Date of Grant, and may only be granted to an employee who, at the time the Stock Option is granted, does not own more than ten percent of
the total combined voting power of all classes of stock of the Company (or of any parent or subsidiary corporation within the meaning of Code Section 424), unless (A) the Exercise Price is at least 110% percent of the Fair Market Value on
the Date of Grant, and (B) the ISO is not exercisable after five years from the Date of Grant. The aggregate Fair Market Value of all Common Shares, determined at the time the ISOs are granted, with respect to which ISOs are exercisable by a
Participant for the first time during any calendar year (under all plans of the Company) shall not exceed $100,000 or such other amount as may subsequently be specified by the Code. If such Fair Market Value exceeds the $100,000 limit, the ISOs
exceeding the limit shall be treated as NQSOs, taking the Stock Options in the order each was granted. The terms of all ISOs shall be consistent with and contain or be deemed to contain all provisions required to qualify as an “incentive stock
option” under Code Section 422.  
 (v) No Repricing. Subject to the adjustment provisions of Section 8,
without the approval of the Company’s shareholders, (A) the Exercise Price for any outstanding Stock Option may not be decreased after the Date of Grant, (B) no outstanding Stock Option may be 

  
 8 

 
surrendered to the Company as consideration for the grant of a new Stock Option with a lower Exercise Price, and (C) no other modifications to any outstanding Stock Option may be made that
would be treated as a “repricing” under the then applicable rules, regulations or listing requirements adopted by the national securities exchange on which the Common Shares are listed. 

(vi) Form of Payment. Vested Stock Options may be exercised in whole or in part, and the Exercise Price shall be paid to the
Company at the time of exercise, subject to any applicable rules or regulations adopted by the Committee:  
  

	 	(A)	to the extent permitted by applicable law, pursuant to cashless exercise procedures that are approved by the Committee; 

  

	 	(B)	through the tender of unrestricted Common Shares owned by the Participant (or by delivering a certification or attestation of ownership of such Common Shares) valued at their Fair Market Value on the date of exercise;

  

	 	(C)	in cash or its equivalent; or 

  

	 	(D)	by any combination of (A), (B), and (C) above. 

 (vii) No Dividends or
Shareholder Rights. No dividends or dividend equivalents may be paid on Stock Options. Except as otherwise provided herein, a Participant shall have no rights as a holder of Common Shares covered by a Stock Option unless and until such Common
Shares have been registered to the Participant as the owner.  
 (viii) Terms and Conditions of Non-Qualified Options
Granted to Non-Employee Directors. Each Non-Employee Director shall be granted a NQSO for 50,000 Common Shares, or such other number as may be determined by the Board from time to time, upon appointment or election (the “Initial
Option”) and shall be granted a NQSO for 10,000 Common Shares, or such other number as may be determined by the Board of Directors from time to time immediately after each subsequent annual meeting of shareholders if such person is serving as a
Non-Employee Director at such time either by virtue of being re-elected or serving a term in excess of six months (the “Annual Option”). All grants shall be made on the date of the event giving rise to the NQSO and shall have an Exercise
Price of Fair Market Value on such date. Subject to the other terms and conditions herein, the Initial Option will vest and become exercisable as to one-quarter (1/4) of the Common Shares upon each one (1) year anniversary of the vesting
commencement date, provided that the Participant continues to serve as a Director through each such date. Subject to the other terms and conditions herein, the Annual Option will vest and become exercisable as to one-third (1/3) of the Common
Shares upon each one (1) year anniversary of the vesting commencement date, provided that the Participant continues to serve as a director through each such date.  
  

	 	(A)	All NQSOs granted to Non-Employee Directors shall be exercisable in the manner provided herein for a term of ten years. 

  
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	 	(B)	All NQSOs granted to Non-Employee Directors shall be transferable as provided in Section 12(c) and shall terminate in accordance with Section 10. 

(b) Stock Appreciation Rights. 

(i) Grants. Subject to the terms and provisions of the Plan, SARs may be granted to Participants, in such number and upon
such terms and conditions as the Committee determines, and may be granted alone or as Tandem SARs. With respect to Tandem SARs, the exercise of either such Stock Options or SARs will result in the simultaneous cancellation of the same number of
Tandem SARs or Stock Options, as the case may be.  
 (ii) Exercise Price. The Exercise Price shall be equal to
or, at the Committee’s discretion, greater than Fair Market Value on the date the SAR is granted, unless the SAR was granted through the assumption of, or in substitution for, outstanding awards previously granted to individuals who became
employees of the Company as a result of a merger, consolidation, acquisition or other corporate transaction involving the Company, in which case the assumption or substitution shall be accomplished in a manner that permits the SAR to be exempt from
Code Section 409A.  
 (iii) Term. The term of a SAR shall be determined by the Committee in its sole
discretion, but in no event shall the term exceed ten (10) years from the Date of Grant; provided that, each SAR granted in tandem with a Stock Option shall terminate upon the termination or exercise of the related Stock Option.  

(iv) No Repricing. Subject to the adjustment provisions of Section 8, without the approval of the Company’s
shareholders, (A) the Exercise Price for any outstanding SAR may not be decreased after the Date of Grant, (B) no outstanding SAR may be surrendered to the Company as consideration for the grant of a new SAR with a lower Exercise Price,
and (C) no other modifications to any outstanding SAR may be made that would be treated as a “repricing” under the then applicable rules, regulations or listing requirements adopted by the national securities exchange on which the
Common Shares are listed.  
 (v) Form of Payment. Vested SARs may be exercised in whole or in part, and the
Committee may authorize payment of a SAR in the form of cash, Common Shares valued at its Fair Market Value on the date of the exercise or a combination thereof, or by any other method as the Committee may determine.  

(vi) Tandem SARs. Tandem SARs may be exercised for all or part of the Common Shares subject to the related Stock Option
upon the surrender of the right to exercise the equivalent portion of the related Stock Option. A Tandem SAR may be exercised only with respect to the Common Shares for which its related Stock Option is then exercisable. Notwithstanding any other
provision of the Plan to the contrary, with respect to a Tandem SAR granted in connection with an ISO: (A) the Tandem SAR will expire no later than the expiration of the underlying ISO; (B) the value of the payout with respect to the
Tandem SAR may be for no more than 100% of the excess of the Fair Market Value of the Common Shares subject to the underlying ISO at the time the Tandem SAR is exercised over the Exercise Price of the underlying ISO; and (C) the Tandem SAR may
be exercised only when the Fair Market Value of the Common Shares subject to the ISO exceeds the Exercise Price of the ISO.  

  
 10 

 (vii) No Dividends or Shareholder Rights. No dividends or dividend
equivalents may be paid on SARs. Except as otherwise provided herein, a Participant shall have no rights as a holder of Common Shares covered by a SAR unless and until such Common Shares have been registered to the Participant as the owner. 

 (c) Restricted Shares and Restricted Share Units. 

(i) Grants. Subject to the terms and provisions of the Plan, Restricted Shares and Restricted Share Units may be granted
to Participants in such number and upon such terms and conditions as the Committee determines. Restricted Shares will be registered in the name of the Participant and deposited with the Company or its agent in certificated or book-entry form. 

 (ii) Restrictions. Restricted Shares or Restricted Share Units may be granted at no cost or at a purchase price
determined by the Committee, which may be less than the Fair Market Value, but subject to such terms and conditions as the Committee determines, including, without limitation: forfeiture conditions, transfer restrictions, restrictions based upon the
achievement of specific Performance Goals (Company-wide, divisional and/or individual) which may be based on one or more Performance Measures, time-based restrictions on vesting and/or restrictions under applicable federal or state securities laws.
Subject to Sections 9 and 10, for Awards to employees, no Restricted Shares or Restricted Share Units conditioned upon the achievement of performance shall be based on a Restriction Period of less than one year, and, except as may be determined by
the Committee, any Restriction Period based solely on continued employment or service (time-based) shall be for a minimum of three years, subject to (A) pro rata or graded vesting prior to the expiration of such time-based Restriction Period,
and (B) acceleration due to the Participant’s death, Disability or Retirement, in each case as specified in the applicable Award Agreement; provided that the Restriction Period applicable to the first vesting date of an Award subject to
pro rata or graded vesting (as referenced in (A) above) may be for less than one year, provided the first vesting date is no earlier than the fiscal year-end date of the fiscal year during which the Award was granted. To the extent the
Restricted Shares or Restricted Share Units are intended to qualify for the Performance-Based Exception, except as may be determined by the Committee, the applicable restrictions shall be based on the achievement of Performance Goals over a
Performance Period, as described in Section 6(d).  
 (iii) Transfer Restrictions. During the Restriction
Period, Restricted Shares and Restricted Share Units may not be sold, assigned, transferred or otherwise disposed of, or mortgaged, pledged or otherwise encumbered. In order to enforce the limitations imposed upon the Restricted Shares, the
Committee may (A) cause a legend or legends to be placed on any certificates evidencing such Restricted Shares, and/or (B) cause “stop transfer” instructions to be issued, as it deems necessary or appropriate.  

(iv) Dividends and Voting Rights. Unless otherwise determined by the Committee, during the Restriction Period,
Participants who hold Restricted Shares shall have the right to receive dividends in cash or other property or other distribution or rights in respect of the Restricted Shares and shall have the right to vote the Restricted Shares as the record
owners;  

  
 11 

 
provided that, unless otherwise determined by the Committee, any dividends or other property payable to a Participant during the Restriction Period shall be distributed to the Participant only if
and when the restrictions imposed on the applicable Restricted Shares lapse. Unless otherwise determined by the Committee, during the Restriction Period, Participants who hold Restricted Share Units shall be credited with dividend equivalents in
respect of such Restricted Share Units; provided that, unless otherwise determined by the Committee, such dividend equivalents shall be distributed (without interest) to the Participant only if and when the restrictions imposed on the applicable
Restricted Share Units lapse. Participants shall have no other rights as a shareholder with respect to Restricted Share Units unless otherwise determined by the Committee. Notwithstanding the forgoing, no Restricted Shares or Restricted Share Units
intended to qualify for the Performance-Based Exception shall provide the Participant with dividend or shareholder rights unless otherwise determined by the Committee; provided, however, that if dividend rights are provided, any dividends or other
property otherwise payable to the Participant during the Restriction Period with respect to such Restricted Shares or Restricted Share Units shall accumulate and be payable only if and when the specific Performance Goals are attained. 

(v) Payment of Restricted Share Units. Restricted Share Units that become payable in accordance with their terms and
conditions shall be settled in cash, Common Shares, Restricted Shares, or a combination thereof, as determined by the Committee.  

(vi) Ownership. Restricted Shares shall be registered in the name of the Participant on the books and records of the
Company or its designee (or by one or more physical certificates if physical certificates are issued) subject to the applicable restrictions imposed by the Plan. At the end of the Restriction Period that applies to Restricted Shares, the number of
shares to which the Participant is entitled shall be delivered to the Participant free and clear of the restrictions, either in certificated or book-entry form. No Common Shares shall be registered in the name of the Participant with respect to
Restricted Share Units, and Participants shall have no ownership interest in the Common Shares to which the Restricted Share Units relate, unless and until payment is made in Common Shares.  

(vii) Forfeiture. If a Participant who holds Restricted Shares or Restricted Share Units fails to satisfy the
restrictions, terms or conditions applicable to the Award, except as otherwise determined by the Committee, the Participant shall forfeit the Restricted Shares or Restricted Share Units. The Committee may at any time waive such restrictions or
accelerate the date or dates on which the restrictions will lapse; however, to the extent the Restricted Shares or Restricted Share Units are intended to qualify for the Performance-Based Exception, the provisions of Section 6(d)(iv) will
apply.  
 (d) Performance-Based Exception. 

(i) Grants. Subject to the provisions of the Plan, Full-Value Awards granted in a manner that is intended to qualify for
the Performance-Based Exception shall be conditioned upon the achievement of Performance Goals as the Committee shall determine, in its sole discretion.  

(ii) Performance Goals. Performance Goals shall be based on one or more Performance Measures, over a Performance Period,
as to be determined by the Committee.  

  
 12 

 (iii) Performance Measures. The Performance Measure(s) may be described in
terms of objectives that are related to the individual Participant or objectives that are Company-wide or related to a subsidiary, division, department, region, function or business unit of the Company, and shall consist of one or more or any
combination of the following criteria: cash flow, profit, revenue, stock price, market share, sales, net income, operating income, return ratios, earnings per share, earnings (which may include an add back for taxes, interest, and/or depreciation
and amortization), operating earnings, profit margins, earnings per Common Share, favorable comparison to established budgets, return on shareholders’ equity, return on assets, attainment of strategic and operational initiatives, comparisons
with various stock market indices, reduction in costs or a combination of such factors, personal performance measures, working capital, total assets, net assets, return on sales, return on invested capital, gross margin, costs, shareholders’
equity, shareholder return and/or productivity or productivity improvement. The Performance Goals based on these Performance Measures may be expressed in absolute terms or relative to the performance of other entities.  

(iv) Treatment of Awards. With respect to any Full-Value Award that is intended to qualify for the Performance-Based
Exception: (A) the Committee shall interpret the Plan and this Section 6(d) in light of Code Section 162(m), (B) the Committee shall not amend the Full-Value Award in any way that would adversely affect the treatment of the
Full-Value Award under Code Section 162(m), and (C) such Full-Value Award and any dividends or other property otherwise payable with respect to such Full-Value Award shall not vest or be paid until the Committee shall first have certified
that the Performance Goals have been achieved.  
 (e) Unrestricted Share Awards. 

Subject to the terms and provisions of the Plan, the Committee may grant awards of unrestricted Common Shares to Participants in such number
and upon such terms and conditions as the Committee determines in recognition of outstanding achievements or contributions by such Participants or otherwise. Unrestricted Common Shares issued on a bonus basis may be issued for no cash consideration.

 7. Deferred Payment  
 Subject
to the terms of the Plan, the Committee may determine that all or a portion of any Award to a Participant, whether it is to be paid in cash, Common Shares or a combination thereof, shall be deferred or may, in its sole discretion, approve deferral
elections made by Participants. Deferrals shall be for such periods and upon such terms as the Committee may determine in its sole discretion, which terms shall comply with Code Section 409A. 

8. Dilution and Other Adjustments  

In the event of any merger, reorganization, consolidation, liquidation, recapitalization, reclassification, redesignation, stock dividend,
other extraordinary distribution (whether in the form of cash, shares or otherwise), stock split, reverse stock split, spin off, combination, repurchase or exchange of shares or issuance of warrants or rights to purchase shares or other securities,
or other change in corporate structure affecting the Common Shares, the Committee shall make such adjustments in the aggregate number and type of Common Shares which may be 

  
 13 

 
delivered and the individual award maximums as set forth in Section 5, the number and type of Common Shares subject to outstanding Awards and the Exercise Price or other price of Common
Shares subject to outstanding Awards (provided the number of Common Shares subject to any Award shall always be a whole number), as may be and to the extent determined to be appropriate and equitable by the Committee, in its sole discretion, to
prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. Such adjustment shall be conclusive and binding for all purposes of the Plan. The Committee shall determine whether and the extent to
which any recapitalization, extraordinary distribution, reclassification, repurchase or exchange of shares or other event requires any such adjustment. Any such adjustment of an ISO or SAR shall be made in compliance with Code Sections 422 and 424,
and no such adjustment shall be made that would cause any Award which is or becomes subject to Code Section 409A to fail to comply with the requirements of Code Section 409A or is exempt from Code Section 409A to become subject to
Code Section 409A. 
 9. Change in Control 

Notwithstanding any other provision of the Plan to the contrary, immediately upon the occurrence of a Change in Control, the following
provisions of this Section 9 shall apply except to the extent that (i) the applicable Award is assumed or an equivalent option or right substituted by the successor corporation or a parent or subsidiary of the successor corporation; or
(ii) an Award Agreement provides for a different treatment (in which case the Award Agreement shall govern): 
 (a) all outstanding
Stock Options and SARs vest and become fully exercisable; and 
 (b) all Full-Value Awards become fully vested and, with respect to
Full-Value Awards granted in a manner intended to qualify for the Performance-Based Exception, all Performance Goals or other vesting criteria will be deemed achieved at target levels and all other terms and conditions met. 

10. Termination  
 (a)
Termination by Death, Disability, or Retirement. If a Participant’s employment by the Company terminates by reason of death, Disability or Retirement, or in the case of an advisory relationship if such business relationship
terminates by reason of death or Disability, any Award held by such Participant, unless otherwise determined by the Committee at grant or otherwise interpreted pursuant to Section 12(l) hereof, shall be fully vested and may thereafter be
exercised by the Participant or by the Participant’s beneficiary or legal representative, for a period of one (1) year following termination of employment, in the case of death or Disability, and 90 days in the case of Retirement, or such
longer period as the Committee may specify at or after grant in all cases other than ISOs, or until the expiration of the stated term of such Award, whichever period is shorter; provided that, for Full-Value Awards intended to qualify for the
Performance-Based Exception, no vesting may occur or no distribution may be made prior to the attainment of the Performance Goals.  

  
 14 

 (b) Termination for Cause. If a Participant’s employment or service
terminates for Cause, (i) all Stock Options and SARs (or portions thereof) which have not been exercised, whether vested or not, and (ii) all Full-Value Awards, shall immediately be forfeited upon termination, including such Awards that
are subject to performance conditions (or unearned portions thereof).  
 (c) Other Terminations. If a
Participant’s employment or service terminates, voluntarily or involuntarily, for any reason other than death, Disability, Retirement or Cause, (i) any vested portion of Stock Options or SARs held by the Participant at the time of
termination may be exercised for a period of three months (or such other period as the Committee may specify at or after the time of grant) from the termination date, or until the expiration of the original term of the Stock Option or SAR, whichever
period is shorter, (ii) no unvested portion of any Stock Option or SAR shall become vested, including such Awards that are subject to performance conditions (or unearned portions thereof), and (iii) all Full-Value Awards, including such
Awards that are subject to performance conditions (or unearned portions thereof), shall immediately be forfeited upon termination.  

(d) Limitation for ISOs. No ISO may be exercised more than three months following termination of employment for any reason
(including Retirement) other than death or Disability, nor more than one year following termination of employment for the reason of death or Disability (as defined in Code Section 422), or such Award will no longer qualify as an ISO and shall
thereafter be, and receive the tax treatment applicable to, a NQSO. For this purpose, a termination of employment is cessation of employment, under the rules applicable to ISOs, such that no employment relationship exists between the Participant and
the Company.  
 (e) Transfers and Leaves of Absence . The transfer of a Participant within the Company shall not
be deemed a termination of employment except as required by Code Sections 422 and 409A, and other applicable laws. The following leaves of absences are not deemed to be a termination of employment:  

(i) if approved in writing by the Company, for military service, sickness or any other purpose approved by the Company, and the period of
absence does not exceed 90 days; 
 (ii) if in excess of 90 days, if approved in writing by the Company, but only if the Participant’s
right to reemployment is guaranteed by statute or contract and provided that the Participant returns to work within 30 days after the end of such absence; and 

(iii) subject to the restrictions of Code Section 409A and to the extent that such discretion is permitted by law, if the Committee
determines in its discretion that the absence is not a termination of employment. 
 11. Recoupment or Recovery Policy 

Any Award shall be subject to forfeiture or repayment pursuant to the terms of any applicable compensation recoupment or recovery policy
adopted by the Company, Committee or Board, as thereafter amended, including any policy adopted to comply with the rules of any national securities exchange on which the Common Shares are traded or the Securities and Exchange Commission. 

  
 15 

 12. Miscellaneous Provisions 

(a) Rights as a Shareholder. Except as otherwise provided herein, a Participant shall have no rights as a shareholder with
respect to Awards hereunder, unless and until the Common Shares have been registered to the Participant as the owner. 
 (b) No
Loans. No loans from the Company to Participants shall be permitted in connection with the Plan.  
 (c)
Assignment or Transfer. Except as otherwise provided under the Plan, no Award or any rights or interests therein shall be transferable other than by will or the laws of descent and distribution. The Committee may, in its discretion,
provide that an Award (other than an ISO) is transferable without the payment of any consideration to a Participant’s family member, subject to such terms and conditions as the Committee may impose. For this purpose, “family member”
has the meaning given to such term in the General Instructions to the Form S-8 registration statement under the Securities Act. All Awards shall be exercisable, during the Participant’s lifetime, only by the Participant or a person who is a
permitted transferee pursuant to this Section 12(c). Once awarded, the Common Shares (other than Restricted Shares) received by Participants may be freely transferred, assigned, pledged or otherwise subjected to lien, subject to the
restrictions imposed by the Securities Act, Section 16 of the Exchange Act and the Company’s Insider Trading Policy, each as amended. 

(d) Withholding Taxes. The Company shall have the right to deduct from all Awards paid in cash to a Participant any taxes
required by law to be withheld with respect to such Awards. All statutory minimum applicable withholding taxes arising with respect to Awards paid in Common Shares to a Participant shall be satisfied by the Company retaining Common Shares having a
Fair Market Value on the date the tax is to be determined that is equal to the amount of such statutory minimum applicable withholding tax (rounded, if necessary, to the next lowest whole number of Common Shares); provided, however, that, subject to
any restrictions or limitations that the Company deems appropriate, a Participant may elect to satisfy such statutory minimum applicable withholding tax through cash or cash proceeds.  

(e) No Rights to Awards. Neither the Plan nor any action taken hereunder shall be construed as giving any person any right to be
retained in the employ or service of the Company, and the Plan shall not interfere with or limit in any way the right of the Company to terminate any person’s employment or service at any time. Except as set forth herein, no employee or other
person shall have any claim or right to be granted an Award under the Plan. By accepting an Award, the Participant acknowledges and agrees that (i) the Award will be exclusively governed by the Plan, including the right of the Company to amend
or cancel the Plan at any time without the Company incurring liability to the Participant (except, to the extent the terms of the Award so provide, for Awards already granted under the Plan), (ii) the Participant is not entitled to future award
grants under the Plan or any other plan, and (iii) the value of any Awards received shall be excluded from the calculation of termination or other severance payments or benefits. 

(f) Beneficiary Designation. To the extent allowed by the Committee, each Participant under the Plan may name any beneficiary or
beneficiaries to whom any benefit under the Plan is to be paid in case of his or her death before he or she receives all of such benefit. Unless the Committee determines otherwise, each such designation shall revoke all prior 

  
 16 

 
designations by the same Participant, shall be in a form prescribed by the Committee and shall be effective only when received in writing by the Company during the Participant’s lifetime. In
the absence of any such designation, benefits remaining unpaid at the Participant’s death shall be paid to the Participant’s estate. 

(g) Fractional Shares. Fractional Common Shares shall not be issued or transferred under an Award, but the Committee may direct
that cash be paid in lieu of fractional shares or may round off fractional shares, in its discretion. 
 (h) Unfunded Plan. The
Plan shall be unfunded and any benefits under the Plan shall represent an unsecured promise to pay by the Company. With respect to any payments not yet made to a Participant pursuant to an Award, nothing contained in the Plan or any Award Agreement
shall give the Participant any rights that are greater than those of a general unsecured creditor of the Company. 
 (i)
Severability. If any provision of the Plan is deemed illegal or invalid, the illegality or invalidity shall not affect the remaining provisions of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid
provision had not been included.  
 (j) Limitation of Liability. Members of the Board and the Committee and officers
and employees of the Company who are their designees acting under the Plan shall be fully protected in relying in good faith upon the advice of counsel and shall incur no liability except for gross or willful misconduct in the performance of their
duties hereunder. 
 (k) Successors. All obligations of the Company with respect to Awards granted under the Plan shall be binding
on any successor to the Company, whether as a result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business and/or assets of the Company. 

(l) Code Section 409A Compliance. Each Award granted under the Plan is intended to be either exempt from or in
compliance with the requirements of Code Section 409A and any regulations or guidance that may be adopted thereunder, including any transition relief available under applicable guidance. The Plan may be amended or interpreted by the Committee
as it determines appropriate in accordance with Code Section 409A and to avoid a plan failure under Code Section 409A(a)(1). If a Participant is a “specified employee” as defined in Code Section 409A at the time of the
Participant’s separation from service with the Company, then solely to the extent necessary to avoid the imposition of any additional tax under Code Section 409A, the commencement of any payments or benefits under an Award shall be
deferred until the date that is six months following the Participant’s separation from service (or such other period as required to comply with Code Section 409A). 

13. Effective Date, Amendments, Governing Law and Plan Termination 

(a) Effective Date. The Effective Date of the Plan is the date on which the Company’s shareholders approve the Plan at a
duly held shareholder meeting. 
 (b) Amendments. 

  
 17 

 (i) Amendment of the Plan. The Committee or the Board may at any time terminate or
amend the Plan in whole or in part, but no such action shall materially and adversely affect any rights or obligations with respect to any Awards granted prior to the date of such termination or amendment without the consent of the affected
Participant, except to the extent that the Committee reasonably determines that such termination or amendment is necessary or appropriate to comply with applicable law or the rules and regulations of any stock exchange on which the Common Shares are
traded or to preserve any intended favorable, or avoid any unintended unfavorable, tax effects for the Company, Plan or Participants. Notwithstanding the foregoing, unless the Company’s shareholders shall have first approved the amendment, no
amendment of the Plan shall be effective if the amendment would: (A) increase the maximum number of Common Shares that may be delivered under the Plan or to any one individual (except to the extent made pursuant to Section 8 hereof),
(B) extend the maximum period during which Awards may be granted under the Plan, (C) add to the types of awards that can be made under the Plan, (D) modify the requirements as to eligibility for participation in the Plan,
(E) permit a repricing or decrease the Exercise Price to less than the Fair Market Value on the Date of Grant of any Stock Option or SAR, except for adjustments made pursuant to Section 8, (F) materially increase benefits to
Participants, or (G) otherwise require shareholder approval pursuant to the Plan or applicable law or the rules of the principal securities exchange on which Common Shares are traded. 

(ii) Amendment of Awards. The Committee may amend, prospectively or retroactively, the terms of an Award, provided that no such
amendment is inconsistent with the terms of the Plan or would materially and adversely affect the rights of any Participant without his or her written consent. 

(c) Governing Law. To the extent not preempted by Federal law, the Plan and all Award Agreements are
construed in accordance with and governed by the laws of the State of Delaware. The Plan is not intended to be governed by the Employment Retirement Income Security Act of 1974, and shall be so construed and administered. 

(d) Plan Termination. No Awards shall be made under the Plan after the tenth anniversary of the Effective Date. 

  
 18Form of Restricted Stock Agreement

 Exhibit 10.2 

ATRICURE, INC. 
 2014
STOCK INCENTIVE PLAN 
 RESTRICTED STOCK AWARD AGREEMENT 

Summary of Restricted Stock Award Grant 

AtriCure, Inc., a Delaware corporation (the “Company”), grants to the Grantee named below, in accordance with the terms of the
AtriCure, Inc. Amended and Restated 2014 Stock Incentive Plan (the “Plan”) and this Restricted Stock Award Agreement (the “Agreement”), the following number of shares of Restricted Stock of the Company (the “Restricted
Shares”), on the Grant Date set forth below: 
  

					
			
	Name of Grantee:	  	  
	  	
			
	Number of Shares:	  	  
	  	
			
	Grant Date:	  	  
	  	
		
	Vesting Date:	  	25% of the Shares shall vest annually upon the respective one, two, three, and four year anniversaries of the Grant Date.

 Terms of Agreement 

1. Grant of Restricted Stock Awards. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the
Plan, the Company grants to the Grantee as of the Grant Date, the number of Restricted Shares set forth above. The Restricted Shares shall be credited in a book entry account established for the Grantee until payment in accordance with
Section 4. 
 2. Vesting of Restricted Shares. 

(a) The Restricted Shares shall vest on the Vesting Date provided that the Grantee has remained in the continuous employ of the Company or a
Subsidiary of the Company from the Grant Date through the Vesting Date. 
 (b) Notwithstanding anything contained in this Agreement to the
contrary, the Committee may, in its sole discretion, accelerate the time at which the Restricted Shares become vested and nonforfeitable on such terms and conditions as it deems appropriate. 

3. Forfeiture of Restricted Shares. The Restricted Shares that have not yet vested pursuant to Section 2 shall be forfeited
automatically without further action or notice if the Grantee ceases to be employed by the Company or a Subsidiary. 

 4. Payment. 

(a) The Company shall deliver to the Grantee the Restricted Shares within thirty (30) days following the date that the Restricted Shares
become vested in accordance with Section 2. 
 (b) The Company’s obligations with respect to the Restricted Shares shall be
satisfied in full upon the delivery of the Shares. 
 5. Restrictive Legend. Certificates representing the Restricted Shares granted
pursuant to this Agreement shall bear a legend making appropriate reference to the restrictions imposed, and such certificates shall remain in the physical custody of the Company, as escrow holder, until all restrictions are removed or have expired.

 6. Transferability. The Restricted Shares may not be transferred and shall not be subject in any manner to assignment, alienation,
pledge, encumbrance or charge, until all restrictions are removed or have expired, unless otherwise provided under the Plan. Any purported Transfer or encumbrance in violation of the provisions of this Section 6 shall be void, and the other
party to any such purported transaction shall not obtain any rights to or interest in such Restricted Shares. 
 7. Dividend, Voting and
Other Rights. The Grantee shall possess all incidents of ownership (including, without limitation, dividend and voting rights) with respect to the Restricted Shares granted pursuant to this Agreement as of the Grant Date. Notwithstanding the
foregoing, any dividends or distributions on the Restricted Shares to be delivered to Grantee shall be paid on the Vesting Date. 
 8.
Continuous Employment. For purposes of this Agreement, the continuous employment of the Grantee with the Company and its Subsidiaries shall not be deemed to have been interrupted, and the Grantee shall not be deemed to have ceased to be an
employee of the Company and its Subsidiaries, by reason of the transfer of his employment among the Company and its Subsidiaries or a leave of absence approved by the Committee. 

9. No Employment Contract. Nothing contained in this Agreement shall confer upon the Grantee any right with respect to continuance of
employment by the Company and its Subsidiaries, nor limit or affect in any manner the right of the Company and its Subsidiaries to terminate the employment or adjust the compensation of the Grantee. 

10. Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement or the Plan shall not be taken into
account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or a Subsidiary and shall not affect the amount of any life insurance
coverage available to any beneficiary under any life insurance plan covering employees of the Company or a Subsidiary. 
 11. Election
under Section 83(b) of the Code. The Grantee acknowledges that this Restricted Stock Award is conditioned upon the Grantee making an election with respect to the Shares under Section 83(b) of the Code. The Grantee shall file, within 30
days following the Grant Date, a copy of such election with the Company and with the Internal Revenue Service, in accordance with the regulations under Section 83 of the Code. 

  
 Page 2 

 12. Taxes and Withholding. To the extent that the Company or any Subsidiary is required to
withhold any federal, state, local, foreign or other tax in connection with the Restricted Shares pursuant to this Agreement, it shall be a condition to earning the award that the Grantee make arrangements satisfactory to the Company or such
Subsidiary for payment of such taxes required to be withheld. The Committee may, in its sole discretion, require the Grantee to satisfy such required withholding obligation by surrendering to the Company a portion of the Shares earned by the Grantee
under this Agreement, and the Shares so surrendered by the Grantee shall be credited against any such withholding obligation at the Fair Market Value of such Shares on the date of surrender. In no event shall the Fair Market Value of the Shares to
be surrendered pursuant to this section to satisfy applicable withholding taxes exceed the minimum amount of taxes required to be withheld or such other amount that will not result in a negative accounting impact. 

13. Adjustments. The number and kind of Shares deliverable pursuant to a Restricted Stock Award are subject to adjustment as provided in
Section 8 of the Plan. 
 14. Compliance with Law. The Company shall make reasonable efforts to comply with all applicable
federal and state securities laws and listing requirements with respect to the Restricted Shares; provided, however, notwithstanding any other provision of this Agreement, the Company shall not be obligated to deliver any Shares
pursuant to this Agreement if the delivery of such Shares would result in a violation of any such law or listing requirement. 
 15.
Amendments. Subject to the terms of the Plan, the Committee may modify this Agreement upon written notice to the Grantee. Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the extent that the amendment is
applicable to this Agreement. Notwithstanding the foregoing, no amendment of the Plan or this Agreement shall adversely affect the rights of the Grantee under this Agreement without the Grantee’s consent. 

16. Severability. In the event that one or more of the provisions of this Agreement shall be invalidated for any reason by a court of
competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions of this Agreement, and the remaining provisions of this Agreement shall continue to be valid and fully enforceable. 

17. Relation to Plan. This Agreement is subject to the terms and conditions of the Plan. This Agreement and the Plan contain the entire
agreement and understanding of the parties with respect to the subject matter contained in this Agreement, and supersede all prior written or oral communications, representations and negotiations in respect to this Agreement. In the event of any
inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern. Capitalized terms used in this Agreement without definition shall have the meanings assigned to them in the Plan. The Committee acting pursuant to the Plan,
as constituted from time to time, shall, except as expressly provided otherwise in this Agreement, have the right to determine any questions which arise in connection with the grant of the Restricted Shares. 

18. Successors and Assigns. Without limiting Section 6, the provisions of this Agreement shall inure to the benefit of, and be
binding upon, the successors, administrators, heirs, legal representatives and assigns of the Grantee, and the successors and assigns of the Company. 

  
 Page 3 

 19. Governing Law. The interpretation, performance, and enforcement of this Agreement
shall be governed by the laws of the State of Ohio, without giving effect to the principles of conflict of laws of Ohio. 
 20. Electronic
Delivery. The Grantee consents and agrees to electronic delivery of any documents that the Company may elect to deliver (including, but not limited to, prospectuses, prospectus supplements, grant or award notifications and agreements, account
statements, annual and quarterly reports, and all other forms of communications) in connection with this and any other award made or offered under the Plan. The Grantee understands that, unless earlier revoked by the Grantee by giving written notice
to the Secretary of the Company, this consent shall be effective for the duration of the Agreement. The Grantee also understands that he or she shall have the right at any time to request that the Company deliver written copies of any and all
materials referred to above at no charge. The Grantee consents to any and all procedures the Company has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the Company may elect to
deliver, and agrees that his or her electronic signature is the same as, and shall have the same force and effect as, his or her manual signature. The Grantee consents and agrees that any such procedures and delivery may be effected by a third party
engaged by the Company to provide administrative services related to the Plan. 
 The Company has caused this Agreement to be executed on
its behalf by its duly authorized officer and the Grantee has also executed this Agreement, as of the Grant Date. 
  

			
	ATRICURE, INC.
		
	By:	 	  

	Michael H. Carrel
	President and Chief Executive Officer
		
	 By:
	 	  

	M. Andrew Wade
	 Vice President and Chief Financial Officer

  
 Page 4 

 The undersigned acknowledges that a copy of the Plan, Plan Summary and Prospectus, and the
Company’s most recent Annual Report and Proxy Statement (the “Prospectus Information”) are available for viewing on the Company’s intranet site at www.atricure.com. The Grantee consents to receiving this Prospectus Information
electronically, or, in the alternative, agrees to contact the Company’s Chief Financial Officer at (513) 755-4100 to request a paper copy of the Prospectus Information at no charge. The Grantee represents that he or she is familiar with
the terms and provisions of the Prospectus Information and accepts the award of Restricted Shares on the terms and conditions set forth in this Agreement and in the Plan. 

 

			
	  
 Grantee

	
	Date:                                   
                                         
                 

  
 Page 5

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