Document:

EX-10.62

 Exhibit 10.62 
 Summary of Compensation for Directors 
 As of December 31, 2012, PC Connection,
Inc.’s directors consisted of: (i) Joseph Baute; (ii) David Beffa-Negrini; (iii) Barbara Duckett; (iv) Patricia Gallup; (v) David Hall; and (vi) Donald Weatherson. Each director receives an annual retainer of $75,000, payable quarterly, for
service on the Board. Each independent director also receives an annual retainer of $15,000, payable quarterly, for participation in the Board’s audit and compensation committees. In addition, Board members who act in a chairman capacity
receive annual fees as follows: Board chair, $35,000; Board vice-chair, $10,000; audit committee chair, $10,000; compensation committee and sub-committee chair, $5,000. On November 12, 2012, each director was awarded 4,000 restricted stock units,
valued at a price of $11.35 per unit, which vest ratably over two years, beginning on November 12, 2015 and are settled in equivalent shares of our common stock upon vesting. The table below sets forth the retainer fees paid for 2012: 

 

																	
	 Director
	  	Annual
Retainer	 	  	Chairman
Fees	 	  	Audit and
Compensation
Committee	 	  	Total
Retainer
Fee Paid
for
2012(1)	 
	 Joseph Baute
	  	$	75,000	  	  	$	10,000	  	  	$	15,000	  	  	$	100,000	  
	 David Beffa-Negrini
	  	 	75,000	  	  				  				  	 	75,000	  
	 Barbara Duckett
	  	 	75,000	  	  	 	5,000	  	  	 	15,000	  	  	 	95,000	  
	 Patricia Gallup
	  	 	75,000	  	  	 	35,000	  	  	 	—  	  	  	 	110,000	  
	 David Hall
	  	 	75,000	  	  				  				  	 	75,000	  
	 Donald Weatherson
	  	 	75,000	  	  	 	10,000	  	  	 	15,000	  	  	 	100,000	  

  

	(1)	In addition, non-officer directors receive reimbursement for all reasonable expenses incurred in attending board and committee meetings.EX-10.2

 Exhibit 10.2 
 February 27, 2013 
 Robert W. Rigdon 
 11410 Long Pine Drive 
 Houston, Texas 77077 

Re:     Exchange of Salary for Option Grant 
 Dear Robert: 
 This letter describes your election to (i) reduce your base
salary from $300,000 to $210,000, or a reduction of $90,000, for the twelve month period from March 1, 2013 through February 28, 2014 and (ii) waive your right to receive the $120,000 aggregate annual bonus for 2013 contemplated by
Section 4.2(b) of your employment agreement with Synthesis Energy Systems (the “Company”) dated April 8, 2011 (the “Employment Agreement”). In exchange for such election, you will receive a grant of a non-qualified
stock option (the “Option”) exercisable for 246,538 shares of the common stock of the Company. 
 The number of
shares underlying the Option was determined by dividing $210,000 (the amount of your salary reduction and waived bonus) by $0.8518, which is the fair value of the Option as determined using the Black-Scholes valuation method typically utilized by
the Company. The exercise price of the Option ($1.10) was determined based on the fair market value of the common stock on the date of approval by the Compensation Committee of the board of directors of the Company (February 27, 2013). The Option
will vest in equal monthly installments over twelve months. The term of the Option is ten years from the award date. The vested portion of the Option will not be forfeitable upon your termination for any reason, but the entire unvested portion would
be forfeited. All other terms are as set forth in the form of the Option grant agreement attached hereto as Exhibit A. 
 By
execution of this letter, you acknowledge and agree that, notwithstanding anything to the contrary in the Employment Agreement, you will only be entitled to $210,000 of base salary for the period from March 1, 2013 through February 28,
2014 and you will not be entitled to receive any portion of the $120,000 aggregate annual bonus for 2013 contemplated by Section 4.2(b) of the Employment Agreement. This shall not affect your right to any other compensation from the Company as
contemplated by the Employment Agreement or any other terms thereof. 
 You further acknowledge and agree that (i) you are
an “accredited investor” within the meaning of Rule 501(a) of Regulation D of the Securities Act of 1933, as amended, (ii) you are familiar with the general risks relating to an investment in the Company’s common stock,
(iii) you have carefully considered this letter and have, to the extent you believe such discussion necessary, discussed this letter with your professional, legal, tax, accounting and financial advisors, (iv) you have had the right to
request copies of any documents, records, and books pertaining to the Company that you deem necessary to consider the transactions contemplated by this letter, (v) you have had a reasonable opportunity to ask questions of, and receive answers
from, the Company concerning this letter and all such questions have been answered to your full satisfaction, (vi) you have adequate means of providing for your current financial needs and contingencies and (vii) you are able to bear the
economic risks of the transactions contemplated by this letter. 

 If you have any questions regarding this matter, please let us know. 

 

	
	SYNTHESIS ENERGY SYSTEMS, INC.
	
	         /s/ Kevin Kelly

	Kevin Kelly
	Chief Accounting Officer, Controller and Secretary

  

	
	ACKNOWLEDGED AND AGREED
	as of February 27, 2013
	
	        /s/ Robert
Rigdon            
	Robert RigdonEX-10.15

 Exhibit 10.15 
 Fisher Communications, Inc. Performance Award Program 
 (As amended on September 18,
2012) 
  
  
  

 Program Overview 
 The Fisher Communications, Inc. Performance Award Program (Program) is an incentive plan that awards restricted stock units (RSUs) based on Fisher Communications, Inc.’s (Company) performance results
over a one-year period (Performance Period). Awards under the Program are subject to the approval of the Compensation Committee of the Board of Directors (Compensation Committee). The Program is administered under the Company’s 2008 Equity
Incentive Plan (Plan), including the provisions of Section 16 of the Plan relating to compliance with Section 162(m) of the Code. Capitalized terms not otherwise defined herein have the meanings set forth in the Plan. 

Eligibility 
 The Compensation Committee
determines the participants in the Program who will generally be limited to corporate officers. To be eligible to participate in the Program, a person must be an employee of the Company on the first day of the applicable Performance Period, unless
otherwise determined by the Compensation Committee. 
 Form of Awards; Settlement and Vesting 

Once earned, RSU awards will be evidenced by a written agreement that will contain the terms, conditions and limitations of such awards. RSUs will
continue to vest over three additional years (subject to continued employment) and will be settled in shares of Company Common Stock. 

Target Awards 
 Target awards will be
communicated to each participant at the beginning of the applicable Performance Period and will be represented as a target number of RSUs that may be granted, subject to achievement of performance measures. 

Performance Period 
 The Performance
Period under the Program is defined as January 1 through December 31 of each calendar year. Company performance over the applicable one-year Performance Period determines what percentage of the target award is earned. 

Performance Measures 
 Performance
measures will be established by March 30 of each applicable Performance Period. Performance measures are focused on Company-wide financial, operational or market results, as set forth in Section 16 of the Plan and as determined by the
Compensation Committee in its sole discretion. 
 Award Schedule 
 The award schedule will specify threshold, target, and maximum Company financial performance levels, as well as performance levels in between, and the corresponding percentage of the target award that
will be earned for each performance level, ranging from 0-200 percent of the target award level, as determined by the Compensation Committee. 

  
 1 

 Fisher Communications, Inc. Performance Award Program 

(As amended on September 18, 2012) 
  

 
  

 Award Determination 
 Following the completion of the applicable Performance Period, in accordance with the award schedule, the Compensation Committee will determine and approve the RSU awards to be granted to each
participant. Any such RSU awards will be granted no later than April 15 of the year immediately following completion of the applicable Performance Period. 
 RSU Award Vesting 
 One-fourth of the RSU award will vest at the time the RSU award is
granted following completion of the applicable Performance Period. The remaining portion of the RSU award will subsequently vest in increments equal to one-fourth of the original grant on the first, second and third anniversaries of the date the RSU
award is granted. 
  

			
	Program Event	  	Timing
	 Grant of
RSU Award
	  	No later than April 15 of the year immediately following completion of applicable
Performance Period
	 	 
	 25% of
RSU Award vested
	  	On grant date of RSU Award
	  

50% of RSU Award vested
	  	  
 One year from grant date of RSU Award

	 	 
	 75% of
RSU Award vested
	  	Two years from grant date of RSU Award
	  

100% of RSU vested
	  	  
 Three years from grant date of RSU Award

 Program Administration 
 The Compensation Committee will approve final disposition of all matters pertaining to the administration of the Program. The Compensation Committee’s decisions affecting the construction of the
Program will be final and binding on all parties. 
 This material is intended only as a summary of the Program. The Program is governed by the
Plan and anything in these materials which is inconsistent with the Plan document will be superseded by the Plan document. 
 Other
Considerations 
 Termination — In the event of termination of a participant’s employment for any reason during the
applicable Performance Period or after the applicable Performance Period but prior to the granting of an RSU award, such participant will not be entitled to receive an RSU award or Company Common Stock in settlement thereof, unless otherwise
approved by the Compensation Committee. In the event of termination of a participant’s employment for any reason after the granting of an RSU award, any unvested portion of such RSU award will be forfeited, unless otherwise approved by the
Compensation Committee. 

  
 2 

 Fisher Communications, Inc. Performance Award Program 

(As amended on September 18, 2012) 
  

 
  

 Change in Control — In the event of a Change in Control, the Compensation Committee, in its
sole discretion, will determine the effect of such Change in Control on outstanding awards under the Program (1) during a Performance Period or (2) after a Performance Period but prior to the granting of RSU awards. RSU awards that have
been granted will be subject to the Change in Control provisions set forth in the Plan. 
 Dividend Equivalent Rights — In the event
that the Company pays an ordinary cash dividend on its Common Stock and the dividend record date occurs during a Performance Period or after the last day of a Performance Period but prior to the granting of an RSU award earned hereunder, then as of
the date the Compensation Committee determines the number of RSUs earned hereunder, the Company will credit the earned RSUs with a dollar amount equal to (a) the per share cash dividend paid by the Company on its Common Stock on the dividend
payment date, multiplied by (b) the total number of earned RSUs (Dividend Equivalent Right). Any Dividend Equivalent Rights credited shall be subject to the same vesting, payment and other terms, conditions and restrictions as the earned RSUs
to which they relate; provided, however, that the amount of any Dividend Equivalent Rights shall be paid in cash or in shares of the Company’s Common Stock (in either case, without interest), as determined by the Compensation Committee in its
sole discretion on or before the date such Dividend Equivalent Rights are paid. Any Dividend Equivalent Rights paid in the form of shares of the Company’s Common Stock will be calculated by dividing (a) the amount of the Dividend
Equivalent Rights credited to the earned RSUs by (b) the Fair Market Value of the Company’s Common Stock on the dividend payment date (rounded down to the nearest whole number of shares). 

Clawback — Any awards granted hereunder will be subject to any clawback or recoupment policy adopted by the Company pursuant to the
requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act or other law or the listing requirements of any national securities exchange on which the Company Common Stock is listed. 

Amendment or Termination of the Program — The Compensation Committee, in its sole discretion and in compliance with Section 162(m), may
terminate, amend or modify this Program at any time, including, but not limited to reducing the number of RSUs that may be granted hereunder. 

Right of Assignment — No right or interest in the Program is assignable or transferable, or subject to any lien, directly, by operation of
law, or otherwise, including levy, garnishment, attachment, pledge, or bankruptcy. 
 No Right of Employment — Participation under
this Program does not guarantee any right to continued employment; management reserves the right to dismiss participants. Participation in any one Performance Period does not guarantee the participant the right to participation in any subsequent
Performance Period. 

  
 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}]]