Document:

STOCK APPRECIATION RIGHT AGREEMENT

 Exhibit 10.55 
 ENVIRONMENTAL POWER CORPORATION 
 Stock Appreciation Right Agreement 
 under the 2006 Equity Incentive Plan 
 This
Stock Appreciation Right Agreement (the “Agreement”) has been made as of February 28, 2008 (the “Grant Date”) between Environmental Power Corporation, a Delaware corporation (the “Company”), and Robert I. Weisberg
(the “Participant”). 
 Under the Company’s 2006 Equity Incentive Plan (the “Plan”), the Compensation Committee (the
“Committee”) of the Company’s Board of Directors (the “Board”), to which Committee authority has been delegated by the Board in accordance with Section 3(b) of the Plan, has authorized the grant of the award evidenced
by this Agreement (the “Award”) pursuant to Section 7 of the Plan. Capitalized terms not otherwise defined in this Agreement shall have the respective meanings ascribed to them in the Plan. 
 AWARD 
 In accordance with the Plan, the
Company has made this Award, effective as of the Grant Date and upon the following terms and conditions: 
 1. Additional Defined Terms. The
following terms as used in this Award shall have the following meanings: 
 “Common Stock” shall mean the Company’s common
stock, $0.01 par value per share. 
 “Exercise Date” shall mean any date on which this Award is exercised, in whole or in part, in
accordance with Section 3 of this Agreement. 
 “Fair Market Value” shall mean the fair market value of a share of Common
Stock, determined as follows: 
 (a) If the Common Stock is listed on a national securities exchange, the Nasdaq Global Market
or another nationally recognized trading system as of the Exercise Date, the Fair Market Value per share of Common Stock shall be deemed to be the closing price per share of Common Stock thereon on (i) in the case of the Grant Date, the trading
day immediately preceding the Grant Date, and (ii) in the case of the Exercise Date, the trading day immediately preceding the Exercise Date (provided that if no such price is reported on such day, the Fair Market Value per share of Common
Stock shall be determined pursuant to clause (b), below). 
 (b) If the Common Stock is not listed on a national securities
exchange, the Nasdaq Global Market or another nationally recognized trading system as of the Exercise Date, the Fair Market Value per share of Common Stock shall be deemed to be the amount most recently determined by the Board or the Committee to
represent the fair market value per share of the Common Stock (including without limitation a determination for purposes of granting Common Stock options or issuing Common Stock under any plan, agreement or arrangement with employees of the
Company). 
 “Final Exercise Date” shall mean the day immediately prior to the tenth anniversary of the Grant Date. 
 “Initial Value” shall mean Four Dollars and Ninety Seven Cents ($4.97) per Stock Appreciation Right, which is equal to the Fair Market Value of
a share of Common Stock on the Grant Date. 
 “SAR Value” shall mean an amount equal to the excess, if any, of the Fair Market
Value on the applicable Exercise Date over the Initial Value, multiplied by the number of Stock Appreciation Rights in respect of which this Award is being exercised. 

 “Stock Appreciation Right” shall mean a unit of value equal to the increase, if any, in the
Fair Market Value of one (1) share of Common Stock over the Initial Value. Stock Appreciation Rights are not shares of Common Stock and do not represent the right to purchase shares of Common Stock. 
 2. Number of Stock Appreciation Rights. The number of Stock Appreciation Rights subject to this Award is 29,558. 
 3. Vesting, Exercise and Payment of Award. 
 (a) Vesting. This Award shall become exercisable (“vest”) as follows, provided that the Participant has at all times continued to provide consulting services to the Company as of the dates set forth below in accordance with the
terms of that certain letter agreement, dated February 27, 2008, between the Participant and the Company: 
  

			
	 Date
	  	Number of Stock Appreciation Rights As to
Which
Award Vests
	 March 31, 2008
	  	9,853
	 May 30, 2008
	  	9,853
	 July 31, 2008
	  	9,852
	 TOTAL
	  	29,558

 (b) Exercise. The right of exercise shall be cumulative so that to the extent that this Award is
not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Stock Appreciation Rights for which it is vested until the earlier of 5:00 p.m. Eastern time on the Final
Exercise Date or the termination of this Award under Section 4 hereof or the Plan. Each election to exercise this Award shall be in writing, signed by the Participant, and received by the Company at its principal office, accompanied by this
agreement, and stating the number of Stock Appreciation Rights as to which this Award is exercised. Except as otherwise provided in Section 5, the Participant shall not be required to make any payment in order to exercise this Award. The
Participant may exercise this Award with respect to less than the number of Stock Appreciation Rights covered hereby or then vested, provided that no partial exercise of this Award may be made with respect to any fractional Stock Appreciation Right
or with respect to fewer than 10 whole Stock Appreciation Rights. 
 (d) Payment. As promptly as practicable following each Exercise Date,
the Company shall pay to the Participant an amount equal to the applicable SAR Value. Payment of the SAR Value shall be made in (i) cash, (ii) shares of Common Stock having a Fair Market Value equal to the SAR Value on the Exercise Date or
(iii) a combination of cash or such shares of Common Stock, in each case at the sole discretion of the Committee, provided that, in no event will the number of shares of Common Stock issued to the Participant in respect of any payment pursuant
to an exercise of this Award exceed the number of shares of Common Stock then available for issuance under the Plan. 
 4. Exercise of SARs
after Termination of Consulting Relationship or Directorship. If the Participant ceases to serve as a consultant to or director of the Company, this Award will remain exercisable, to the extent vested at the time the Participant ceases to serve as a
consultant or director, until the Final Expiration Date, except that: 
 (a) If the Participant’s consultancy or directorship is
terminated for Cause, this Award shall be terminated as of the date of the act giving rise to such termination. As used herein, “Cause” shall mean (i) the Participant’s breach of any contractual obligation to the Company under
the terms of the Plan, this Agreement, or any other agreement between the Participant and the Company, or of any fiduciary duty to the Company, (ii) the Participant’s conviction of any crime involving moral turpitude or any felony,
(iii) the Participant’s failure to carry out any reasonable directive of the Company, (iv) the Participant’s embezzlement of funds of the Company, (v) any conduct by the Participant which is detrimental to the Company,
(vi) any failure by the Participant to comply with the policies or performance standards of the Company, or (vii) a demonstrated lack of commitment of the Participant to the Company. 

 (b) If the Participant shall die while this Award is still exercisable according to its terms, or if the
Participant’s directorship is terminated because the Participant has become disabled (within the meaning of Code Section 22(e)(3)) while a director or performing consulting services for the Company and the Participant shall not have fully
exercised this Award, this Award may be exercised at any time within 12 months after the Participant’s death or date of termination of directorship or consultancy for disability by the Participant, personal representatives or administrators, or
guardians of the Participant, as applicable, or by any person or persons to whom this Award is transferred by will or the applicable laws of descent and distribution, to the extent of the full number of shares the Participant was entitled to
purchase under this Award on the date of death, termination of directorship, if earlier, or date of termination for such disability. 
 (c)
Notwithstanding the above, in no case may this Award be exercised to any extent by anyone after the Final Exercise Date. 
 5. Miscellaneous.

 (a) Neither the Plan nor this Agreement shall (i) be deemed to give any individual a right to remain a director of or consultant to
the Company, (ii) restrict the right of the Company to fail to renominate or to remove a director or to terminate the Participant as a consultant, with or without cause, or (iii) be deemed to be a written contract for service as a director
or a consultant. The Participant shall have none of the rights of a shareholder with respect to shares subject to the SARs represented by this Award unless and until Company elects to issue shares of Common Stock to the Participant upon exercise of
this Award. 
 (b) The exercise of all or any part of this Award shall only be effective at such time that such exercise will not violate any
state or federal securities or other laws. 
 (c) This Award may not be transferred in whole or in part, except by will or the laws of
descent and distribution to the extent provided in subsection 3(b), and during the Participant’s lifetime this Award shall be exercisable only by the Participant. 
 (d) If there shall be any change in the Common Stock subject to this Award through merger, consolidation, reorganization, recapitalization, dividend or other distribution, stock split or other similar corporate
transaction or event of the Company, appropriate adjustments shall be made by the Company in the number of shares and the price per share of the shares subject to this Award in order to prevent dilution or enlargement of the rights granted
hereunder; provided, however, that the number of shares subject to SARs represented by this Award shall always be a whole number. 
 (e) In
order to provide the Company with the opportunity to claim the benefit of any income tax deduction which may be available to it upon the exercise of this Award and in order to comply with all applicable federal or state income tax laws or
regulations, the Company may take such action as it deems appropriate to insure that, if necessary, all applicable federal or state payroll, withholding, income or other taxes are withheld or collected from the Participant. 
 (f) Determinations by the Company’s Board of Directors, or any committee of its Board of Directors having authority to administer the Plan, shall be
final and conclusive with respect to the interpretation of the Plan and this Agreement. 
 (g) The validity and construction of this
Agreement shall be governed by the laws of the state of Delaware applicable to transactions taking place entirely within that state. 

 (h) This Award is subject to the provisions of the Plan, a copy of which is furnished to the Participant
with this Award. 
 [the remainder of this page intentionally left blank – signature page follows] 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed and granted in Portsmouth, New
Hampshire, to be effective as of the Grant Date. 
  

			
	ENVIRONMENTAL POWER CORPORATION
		
	By:	 	 /s/ Richard E. Kessel

		 	Richard E. Kessel
		 	Chief Executive Officer

 PARTICIPANT’S ACCEPTANCE 
 IN WITNESS OF Participant’s acceptance of this Award and Participant’s agreement to be bound by the provisions of this Agreement and the Plan,
Participant has signed this Agreement as of February 28, 2008. 
  

			
	Participant’s Signature
	
	 /s/ Robert I. Weisberg

	Robert I. Weisberg

			
		
	Address:	 	1050 Westlake Street
		 	Hollywood, FL 33019First Security Group, Inc. Non-Employee Director Compensation Policy

 Exhibit 10.14 
 

 
 Non-Employee Director Compensation Policy 
 It is the Policy of First Security Group, Inc. and its Subsidiary(ies) (“Company”) to pay its Non-employee Directors for their service to the Company. Inside Directors of the Company are not compensated for
participating on any of the Company’s boards because their current compensation level covers all expected duties including those related to the Board of Directors. In order to be eligible for Director Compensation, each Director is required to
complete a W-9 and will receive a 1099 for said compensation at each year-end. 
 This policy, and the award levels contained herein, will be reviewed no
less frequently than every other year to ensure competitiveness with typical market practices for similar organizations. 
 Non-employee Directors of the
Holding Company 
 Annual Retainers 
 Annually, on or
about the annual meeting date, each Non-employee Director shall be paid a $12,000 retainer fee for the next year’s service up to the next annual meeting. Said fee shall be pro rated for new Directors based on time until the next annual meeting.

 The Holding Company Board shall maintain the following committees: 
  

	 	•	 	 Audit/Corporate Governance Committee 

  

	 	•	 	 Compensation Committee 

  

	 	•	 	 Executive Committee 

  

	 	•	 	 Nominating Committee 

  

	 	•	 	 Asset/Liability Committee 

  

	 	•	 	 Loan Committee 

  

	 	•	 	 Property Committee 

  

	 	•	 	 Trust Committee 

 The Audit/Corporate Governance,
Compensation, Executive and Nominating Committees will meet as needed and the Chairperson of each shall receive an additional annual retainer of $5,000, unless the Chairperson is an inside director. 
 The Asset/Liability, Loan, Property, and Trust Committees will meet as needed and the Chairperson of each shall receive an additional annual retainer of $3,000, unless
the Chairperson is an inside director. 
 Retainer fees for Board service and Chairpersonships shall be paid simultaneously. 
 Meeting Fees 
 Each Non-employee Holding Company Director shall be
paid a $1,000 fee for attending each Board meeting and a $500 fee for attending each Committee meeting. 
 Expense Reimbursement 
 Each Non-employee Holding Company Director shall be reimbursed for expenses incurred in the course of fulfilling their duties to the Company (i.e. mileage, cell phone,
parking, etc.) Requests for expense reimbursement should be well documented and submitted to the Secretary of the Board, who (after attaining proper approval) will deliver the request to the Accounting Department for payment. 
  

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 Non-Employee Director Compensation Policy 
 Equity Compensation 
 Non-employee Directors will receive an annual grant of 5,000 stock options. Non-employee
Directors who commence service on the Holding Company Board at any time other than immediately following the annual shareholder meeting will receive a Prorated Stock option grant based upon the number of months actually served. 
 All stock options granted to Non-employee Directors are subject to the terms of the company’s 2002 Long-Term Incentive Plan, and will be granted within 30 days of
the commencement or renewal (if reelected) of service as a Director. 
 Non-employee Directors of Affiliate Banks 
 Retainers 
 Annually, on or about the annual meeting date, the Chairman
of the Board shall be paid a $12,000 retainer fee for next year’s service up to the next annual meeting. For all other Non-employee Directors, no annual retainers are routinely provided. 
 Meeting Fees 
 Each Non-employee Affiliate Bank Director shall be paid
$300 per Board meeting attended. The Board shall meet once per month. If the number of Non-employee Directors exceeds eight, then the monthly meeting fee shall be equal to $2,400 divided by the number of Non-employee Affiliate Bank Directors (i.e.
if there are ten Non-employee Directors, then the monthly fee to each would be $240). 
 The Chairperson of each Non-employee Affiliate Bank Board shall be
paid a $500 fee per meeting, unless the Chairperson is an inside director. 
 Each Non-employee Director shall be paid $100 per Board Committee meeting
attended. Each Bank shall have the following Board Committees: 
  

	 	•	 	 Directors Loan Committee, 

  

	 	•	 	 Asset/Liability-Investment Committee, and an 

  

	 	•	 	 Ex-Officio Member on FSG’s Audit Committee. 

 The Committees shall meet on the following schedule: DLC-monthly, ALCO-quarterly, and Audit-quarterly. The $100 Committee attendance fee shall be paid per director for up to four Non-employee Directors per Committee. If the number of
Non-employee Directors per Committee exceeds four, then the Committee meeting fee shall be equal to $400 divided by the number of Non-employee Directors (i.e. if there are five Non-employee Directors, then the monthly fee to each would be $80). The
Chairman of the Board of the Bank delegates committee assignments. 
 Expense Reimbursement 
 Each Affiliate Bank Non-employee Director shall be reimbursed for expenses incurred in the course of fulfilling their duties to the Company (i.e. mileage, cell phone,
parking, etc.) Requests for expense reimbursement should be well documented and submitted to the Secretary of the Board, who will deliver the request to the Accounting Department for payment. 
 Equity Compensation 
 No equity compensation awards are routinely
provided to Non-employee Directors of Affiliate Banks. 
  

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 Non-Employee Director Compensation Policy 
 Non-employee Directors of Advisory Board 
 Retainers 
 No annual retainers are routinely provided to the Chairman of the Board or any Non-employee Directors of Advisory Boards. 
 Meeting Fees 
 Each Non-employee Advisory Board Director shall be paid
$300 per Board meeting. The Board shall meet once per quarter. Said fee shall be paid per director for up to eight Non-employee Directors. If the number of Non-employee Directors exceeds eight, then the monthly meeting fee shall be equal to $2,400
divided by the number of Non-employee Directors (i.e. if there are ten Non-employee Directors, then the monthly fee to each would be $240). 
 Non-employee
Advisory Board Director fees are paid based on attendance at the related meetings. Service fees paid to Non-employee Holding Company Directors and Non-employee Affiliate Bank Directors are inclusive of Advisory Board services; as such, no additional
fees shall be paid to Non-employee Holding Company Directors or Non-employee Affiliate Bank Directors for their attendance at Non-employee Advisory Board meetings. 
 Expense Reimbursement 
 Each Advisory Board Non-employee Director shall be reimbursed for expenses incurred in the course of fulfilling their
duties to the Company (i.e. mileage, cell phone, parking, etc.) Requests for expense reimbursement should be well documented and submitted to the Secretary of the Board, who will deliver the request to the Accounting Department for payment.

 Equity Compensation 
 No equity compensation awards are
routinely provided to Non-employee Directors of Advisory Boards. 
 Board and Committee Meeting Attendance Policy 
 (for all Board and Committee Meetings) 
 The following Meeting
Attendance Policy applies to all Non-employee Directors of the Holding Company Board, all Affiliate Bank Boards, and all Advisory Boards. Non-employee Directors who attend Board meetings or Committee meetings are only eligible for the fees described
above for meetings that are attended in person. Directors who participate in a Board or Committee meeting via teleconference will receive 50% of the standard meeting fee. 
 Directors who participate in a Board meeting and Committee meeting on the same day will be eligible to receive fees for each of the meetings attended. 
 Exceptions to this policy must have prior approval by the Board of Directors of the Holding Company. 
  

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