Document:

Exhibit 10.14

 

 

[DATE]

 

[PARTICIPANT]

 

[ADDRESS]

 

Re: Restricted
Stock Agreement

 

Dear _______:

 

Crumbs Bake Shop,
Inc. (the “Company”) is pleased to advise you that, pursuant to the Company’s Equity Incentive Plan (the “Plan”),
the Company’s Compensation Committee has granted to you shares (the “Award”) of the Company’s common
stock, par value $0.0001 per share (the “Common Stock”), as set forth below (the “Restricted Stock”),
subject to the terms and conditions set forth in this Award Agreement and in the Plan: 

 

	Number of shares of Restricted Stock	 	 
	 	 	 
	Date of Grant	 	 
	 	 	 
	Vesting Date of Restricted Stock	 	 

  

The Award is intended
to conform in all respects with, and is subject to all applicable provisions of, the Plan (the terms of which are incorporated
herein by reference). Certain capitalized terms used herein are defined in the Plan and such definitions shall control in all cases.
Inconsistencies between this Award Agreement and the Plan shall be resolved in accordance with the terms of the Plan.

  

1.          Award.

 

(a)          Term.
Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to you the Restricted Stock. Subject
to paragraph 1(b) below, such Restricted Stock will be deemed issued on the date of grant set forth above in the introductory paragraph
of this Award Agreement (the “Award Date”), but will be held by the Company or the Company’s transfer
agent until the date on which the Restricted Stock vests (as described in paragraph 2 below), in each case subject to restrictions
on transfer as set forth in this Award Agreement.

 

(b)          No
Voting Rights Until Vested. Notwithstanding Section 9(b) of the Plan to the contrary, you will not have the right to vote the
Restricted Stock unless and until the Restricted Stock vests as provided in paragraph 2 below.

 

    	 

    	 

    

  

(c)          Payment
of the Restricted Stock Price. You must pay the Company the aggregate par value of the Restricted Stock within ten (10) days
of the Award Date (the “Restricted Stock Price”). Upon the forfeiture to the Company of any Restricted Stock
on which the restrictions have not lapsed as described below in paragraph 2, the Company shall repay you the pro rata portion
of the Restricted Stock Price previously paid by you for Restricted Stock that has been forfeited to the Company within ten (10)
days of the forfeiture.

 

2.          Vesting.

 

(a)          Vesting.
Subject to paragraphs 2(b) and 2(c) below, the Award shall become fully vested three years from the award date, as indicated
by the Vesting Date of Restricted Stock set forth in the introductory paragraph of this letter.

 

(b)          Effect
on Vesting due to Re-Election of Directorship. Subject to paragraph 2(c) below, at such time as you cease to be, or in the
event that you do not become, an officer or employee of, or otherwise performing services for (e.g., in a non-employee capacity),
the Company or its Subsidiaries for any other reason, all shares of Restricted Stock on which the restrictions have not lapsed
shall be immediately forfeited to the Company.

 

(c)          Acceleration
of Vesting. Except as otherwise provided by the Committee, immediately prior to a Change in Control or at such time as you
cease to be an officer or employee of, or otherwise performing services for the Company and its Subsidiaries due to death, disability
or retirement (as determined by the Committee in its discretion) during any period of restriction, all restrictions on Restricted
Stock granted to you shall lapse.

 

(d)          Forfeiture
of Restricted Stock. You hereby grant to each officer of the Company (acting solely) the power of attorney to take such actions
on your behalf to cause the Restricted Stock to be cancelled and returned to the Company in the event that the Restricted Stock
is forfeited. Such power of attorney shall be without further action on behalf of you.

 

(e)          Change
in Control.  If there is a Change in Control of the Company, then the effect of such Change in Control on all Restricted
Stock grants shall be governed by the terms of the Plan.

 

3.          Taxes.

 

(a)          Payment
of Taxes. The payment of any taxes arising as a result of this grant shall be your responsibility. You shall (i) pay to the
Company or its designee, upon its demand such amount as may be demanded for the purpose of satisfying the Company's obligation
to withhold federal, state, local or foreign income, employment or other taxes incurred by reason of the vesting of the Restricted
Stock or your filing of a Section 83(b) election (the "Tax Withholding Amount") and (ii) provide the Company with any
forms, documents or other information reasonably required by the Company in connection herewith. In order to satisfy the condition
of clause (i), you may (a) make payment of the Tax Withholding Amount in United States dollars cash, (b) tender Mature Shares owned
by you which have a Fair Market Value equal to the Tax Withholding Amount, or (c) request that the Company withhold from the Common
Shares to be issued to you the number of shares which have a Fair Market Value equal to the Tax Withholding Amount, (d) make payment
in such other form as the Committee may determine in its sole discretion, or (e) tender a combination of the forms of payment provided
for above in clauses (a) through (d) of this paragraph. If the amount requested for the purpose of satisfying the withholding obligation
is not paid, the Company may refuse to furnish shares of the Restricted Stock.

 

(b)          You
have sought your own tax advice regarding this Grant, including, without limitation, advice on whether or not to file a Section
83(b) election.

 

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4.          Company
Requirement. Notwithstanding paragraph 3 above, the Company, to the extent permitted
or required by law, shall have the right to deduct from any payment of any kind (including salary or bonus) otherwise due to you,
an amount equal to any federal, state or local taxes of any kind required by law to be withheld with respect to the delivery of
the Restricted Stock under this Award Agreement.

 

5.          Transferability
of Award. Subject to Section 16(b) of the Plan, prior to the vesting of the Restricted Stock, you may not sell, assign, transfer,
pledge, hypothecate or otherwise dispose of such Restricted Stock. Following the vesting of the Restricted Stock, you shall dispose
of such Restricted Stock only in accordance with applicable securities laws.

 

6.          Adjustments.
Subject to Section 12 of the Plan, in the event of a reorganization, recapitalization, stock split, stock dividend, combination
of shares, merger, consolidation, distribution of assets, or any other change in the corporate structure or shares of the Company,
the Committee shall make such adjustments as it deems appropriate in the number and kind of shares covered by the Award specified
herein. Notwithstanding anything in this Award Agreement to the contrary, the Committee may take the foregoing actions without
your consent, and the determination of the Committee shall be conclusive and binding on all persons for all purposes. 

 

7.          Amendment
or Substitution of Award. The terms of the Award may be amended from time to time by the Committee in its discretion in any
manner that it deems appropriate (including, but not limited to, acceleration of the date of the vesting of the Award); provided
that, except as otherwise provided in Section 14(b) of the Plan, no such amendment shall adversely affect in a material manner
any of your rights under the award without your written consent.

 

	 	 	CRUMBS BAKE SHOP, INC.
	 	 	 
	 	 	 
	 	 	Julian R. Geiger, President and CEO
	 	 	 
	Accepted: _______________, _____.	 	 
	 	 	 
	By:	 	 	 
	[PARTICIPANT]	 	
	 	 	 	 

 

    	3Reversal Loan Promissory Note

 

	$557,927.30	August 8, 2007

 

FOR VALUE RECEIVED, CROMWELL URANIUM HOLDINGS,
INC., an Arizona corporation (hereinafter called the “Borrower”), hereby promises to pay to the order of CROMWELL URANIUM
CORP., a Nevada corporation (hereinafter called the “Lender”), c/o Gottbetter & Partners LLP, 488 Madison Avenue,
12th Floor, New York, New York 10022, the principal sum of Five Hundred Fifty Seven Thousand Nine Hundred Twenty Seven
Dollars and Thirty Cents ($557,927.30) (the “Loan”), in lawful money of the United States of America and in immediately
available funds.

 

1.          The
outstanding principal balance of this Note, together with accrued and unpaid interest thereon, shall be due and payable November
15, 2007. The date such repayment is due is sometimes referred to as the “Due Date.”

 

2.          This
Note shall bear interest at the rate of nine percent (9%) per annum on the unpaid principal balance hereof. Interest shall be calculated
on the basis of a year of three hundred sixty (360) days applied to the actual days on which there exists an unpaid balance under
this Note.

 

3.          Interest
only shall be payable monthly in arrears, commencing thirty (30) days from the date hereof. Thereafter, on the first business day
of each month through and including the month in which the Due Date occurs, Borrower shall pay monthly installments of interest
only.

 

4.          Upon
an “Event of Default,” as defined in the Reversal Loan Agreement described below, the rate of interest accruing on
the unpaid principal balance of this Note shall increase to fifteen percent (15%) per annum. Such default interest rate shall continue
until all defaults are cured.

 

5.          This
Note is subject to the terms of a Reversal Loan and Control Share Pledge and Security Agreement (the “Reversal Loan Agreement”)
of even date herewith by and among the Borrower, the Stockholder and the Lender. This Note is secured by collateral pledged by
the Borrower and the Stockholders to the Lender pursuant to a Security Agreement of even date herewith by and among the Borrower
and the Lender (the “Security Agreement”), as well as by the deposit into escrow of the Borrower Control Shares (as
defined in the Reversal Loan Agreement) pursuant to the terms of a Pledge and Escrow Agreement of even date herewith by and among
the Borrower, the Lender, the Stockholder and Gottbetter & Partners LLP, as escrow agent (the “Escrow Agreement”).
All capitalized and undefined terms herein shall have the meaning given them in the Reversal Loan Agreement, the Security Agreement
or the Escrow Agreement.

 

6.          Upon
the occurrence of an Event of Default under the Reversal Loan Agreement or the Security Agreement, the entire principal amount
outstanding hereunder and all accrued interest hereon, together with all other sums due hereunder, shall, as provided in the Reversal
Loan Agreement, become immediately due and payable.

 

    	 

    	 

    

 

7.          This
Note is secured by and is entitled to the benefits of the Security Agreement. In addition to the rights and remedies given it by
this Note and the Security Agreement, the Lender shall have all those rights and remedies allowed by applicable laws, including
without limitation, the Uniform Commercial Code as in effect in the State of New York. The rights and remedies of the Lender are
cumulative and recourse to one or more right or remedy shall not constitute a waiver of the others. The Borrower shall be liable
for all commercially reasonable costs, expenses and attorneys’ fees incurred by the Lender in connection with the collection
of the indebtedness evidenced by the Note.

 

8.          To
the extent permitted by applicable law, the Borrower waives all rights and benefits of any statute of limitations, moratorium,
reinstatement, marshalling, forbearance, valuation, stay, extension, redemption, appraisement and exemption now provided or which
may hereafter by provided by law, both as to itself and as to all of its properties, real and personal, against the enforcement
and collection of the indebtedness evidenced hereby.

 

9.          All
notices, requests, demands, and other communications with respect hereto shall be in writing and shall be delivered by hand, sent
prepaid by a nationally-recognized overnight courier service or sent by the United States, certified, postage prepaid, return receipt
requested, at the addresses designated in the Reversal Loan Agreement or such other address as the parties may designate to each
other in writing.

 

10.         This
Note or any provision hereof may be waived, changed, modified or discharged only by agreement in writing signed by the Borrower
and the Lender. The Borrower may not assign or transfer its obligation hereunder without the prior written consent of the Lender.

 

11.         The
term “the Borrower” shall include each person and entity now or hereafter liable hereunder, whether as maker, successor,
assignee or endorsee, each of whom shall be jointly, severally and primarily liable for all of the obligations set forth herein.

 

12.         If
any provision of this Note shall for any reason be held invalid or unenforceable, such invalidity or unenforceability shall not
affect any other provision of this Note, but this Note shall be construed as if this Note had never contained the invalid or unenforceable
provision.

 

13.         This
Note shall be governed by and construed in accordance with the domestic laws of the State of New York, without giving effect to
any choice of law provision or rule. Any controversy or dispute arising out of or relating to this Note shall be settled solely
and exclusively in accordance with the provisions of the Reversal Loan Agreement and the Security Agreement, dated as of even date
herewith, which provisions are incorporated by reference herein as though fully set forth.

 

    	2

    	 

    

 

IN WITNESS WHEREOF, the undersigned Borrower
has caused the due execution of this Reversal Loan Promissory Note as of the day and year first herein above written.

 

	 	CROMWELL URANIUM HOLDINGS, INC.
	 	 
	 	By:	/s/ Robert McIntosh
	 	Name:	Robert McIntosh
	 	Title:	Chief Executive Officer

 

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