Document:

Exhibit 10.29(b)

EXHIBIT 10.29(b)

MARINEMAX, INC.

2011 Stock-Based Compensation Plan

Stock Option Agreement

Unless otherwise defined herein, the terms defined in the 2011 Stock-Based Compensation Plan
shall have the same defined meanings in this Stock Option Agreement.

I. NOTICE OF STOCK OPTION GRANT

	 	 	 	 	 

	Optionee Name:
	 	 	 	 
	 

	 	 	 
	 
	 	 	 	 
	Address:
	 	 	 	 
	 

	 

	 	 

The Optionee (as designated above) has been granted an Option to purchase Common Stock of the
Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows:

	 	 	 	 	 	 	 

	Date of Grant:
	 	 	 	 	 	 
	 

	 	 
	 
	 	 	 	 	 	 
	Vesting Commencement Date:
	 	 	 	 	 	 
	 

	 	 
	 
	 	 	 	 	 	 
	Exercise Price per Share:

	$	 	 	 	 	 
	 

	 	 
	 
	 	 	 	 	 	 
	Total Number of Shares Granted:
	 	 	 	 	 	 
	 

	 	 
	 
	 	 	 	 	 	 
	Total Exercise Price:
	 	 	 	 	 	 
	 

	 	 
	 
	 	 	 	 	 	 
	Type of Option:

	 	 Incentive Stock Option	 
	 

	 	 Nonstatutory Stock Option	 

Expiration Date: As provided in Section 3 of the Stock Option Plan.

Exercise Schedule: The Option shall be exercisable to the extent vested and outstanding. The
Option may not be exercised after it has expired (as determined pursuant to Section 3 of the Stock
Option Agreement).

Vesting Schedule: This Option shall be vested according to the following vesting schedule:

The Option shall vest as to [                    ] subject to Optionee continuing to
be a Service Provider on such dates, so that the Option shall be fully vested on the [                    ] anniversary of the Vesting Commencement Date.

 

 

 

II. STOCK OPTION AGREEMENT

1. Grant of Option. The Administrator of the Company hereby grants to the Optionee
named in the Notice of Stock Option Grant (the “Optionee”), an option (the “Option”) to purchase
the number of Shares set forth in the Notice of Stock Option Grant, at the exercise price per Share
set forth in the Notice of Stock Option Grant (the “Exercise Price”), and subject to the terms and
conditions of the Plan, which is incorporated herein by reference. Subject to Section 10(c) of the
Plan, in the event of a conflict between the terms and conditions of the Plan and this Option
Agreement, the terms and conditions of the Plan shall prevail.

If designated in the Notice of Stock Option Grant as an Incentive Stock Option (“ISO”), this
Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code.
Nevertheless, to the extent that the Option exceeds the $100,000 rule of Code Section 422(d), this
Option shall be treated as a Nonstatutory Stock Option (“NSO”).

2. Exercise of Option.

(a) Right to Exercise. This Option shall be exercisable during its term in accordance
with the Exercise Schedule set out in the Notice of Stock Option Grant and with the applicable
provisions of the Plan and this Option Agreement.

(b) Method of Exercise. This Option shall be exercisable by delivery of an exercise
notice in the form attached as Exhibit A (the “Exercise Notice”) which shall state the
election to exercise the Option, the number of Shares with respect to which the Option is being
exercised, and such other representations and agreements as may be required by the Company.

The Option shall be deemed exercised when the Company receives (i) written or electronic
notice of exercise (in accordance with this Option Agreement) from the Optionee (or other person
entitled to exercise the Option), (ii) full payment for the Shares with respect to which the Option
is exercised, (iii) payment of any required tax withholding; and (iv) any other documents required
by this Option Agreement or the Exercise Notice. Full payment may consist of any consideration and
method of payment permitted by this Option Agreement. Shares issued upon exercise of an Option
shall be issued in the name of the Optionee or, if requested by the Optionee and permitted under
applicable law, in the name of the Optionee and his or her spouse. Until the Shares are issued (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company), no right to vote or receive dividends or any other rights as a stockholder
shall exist with respect to the Shares, notwithstanding the exercise of the Option. The Company
shall issue (or cause to be issued) such Shares promptly after the Option is exercised. No
adjustment will be made for a dividend or other right for which the record date is prior to the
date the Shares are issued, except as provided in Section 10(c) of the Plan.

Exercise of this Option in any manner shall result in a decrease in the number of Shares
thereafter available for sale under the Option, by the number of Shares as to which the Option is
exercised.

 

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(c) Legal Compliance. No Shares shall be issued pursuant to the exercise of an Option
unless such issuance and such exercise complies with Applicable Laws. Assuming such compliance, for
income tax purposes the Shares shall be considered transferred to the Optionee on the date on which
the Option is exercised with respect to such Shares. This Option may not be exercised until such
time as the Plan has been approved by the stockholders of the Company.

(d) Vesting Acceleration. The Option shall vest on an accelerated basis to the extent
provided in any employment, change in control or other agreement documenting such vesting
acceleration between Optionee and the Company that would be applicable to this Option.

3. Term. Optionee may not exercise the Option before the commencement of its term or
after its term expires. During the term of the Option, Optionee may only exercise the Option to the
extent vested. The term of the Option commences on the Date of Grant and expires on the Expiration
Date, which is the earliest of the following:

(a) With respect to the unvested portion of the Option, upon termination of Optionee’s
Continuous Service;

(b) With respect to the vested portion of the Option, ninety (90) days after the termination
of Optionee’s Continuous Service for any reason other than your Disability, death or termination
for Cause;

(c) With respect to the vested portion of the Option, immediately upon the termination of
Optionee’s Continuous Service for Cause, as determined by the Administrator, in its sole
discretion;

(d) With respect to the vested portion of the Option, twelve (12) months after the termination
of Optionee’s Continuous Service due to Disability or Death;

(e) Immediately prior to the close of certain Corporate Transactions, pursuant to Section 9 of
the Plan; or

(f) The day before the tenth (10th) anniversary of the Date of Grant.

4. Method of Payment. Payment of the aggregate Exercise Price shall be by any of the
following, or a combination thereof, at the election of the Optionee:

(a) cash or check;

(b) subject to the Company’s approval at the time of exercise, consideration received by the
Company under a formal cashless exercise program adopted by the Company in connection with the
Plan;

(c) subject to the Company’s approval at the time of exercise, surrender of other Shares
which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have
been owned by the Optionee for such period of time on the date of surrender that will avoid an
expense for financial accounting purposes, and (ii) have a Fair Market Value on the
date of surrender equal to the aggregate Exercise Price of the Exercised Shares. Shares from
the portion of this Option to be exercised may be used to pay the exercise price to the extent that
such use will not increase the compensation expense for financial accounting purposes related to
this Option; or

(d) any combination of the foregoing.

 

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5. Lock-Up Period. Optionee hereby agrees that Optionee shall not offer, pledge,
sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to
sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of,
directly or indirectly, any Common Stock (or other securities) of the Company or enter into any
swap, hedging or other arrangement that transfers to another, in whole or in part, any of the
economic consequences of ownership of any Common Stock (or other securities) of the Company held by
Optionee (other than those included in the registration) for a period specified by the
representative of the underwriters of Common Stock (or other securities) of the Company not to
exceed one hundred eighty (180) days following the effective date of any registration statement of
the Company filed under the Securities Act.

Optionee agrees to execute and deliver such other agreements as may be reasonably requested by
the Company or the underwriter which are consistent with the foregoing or which are necessary to
give further effect thereto. In addition, if requested by the Company or the representative of the
underwriters of Common Stock (or other securities) of the Company, Optionee shall provide, within
ten (10) days of such request, such information as may be required by the Company or such
representative in connection with the completion of any public offering of the Company’s securities
pursuant to a registration statement filed under the Securities Act. The obligations described in
this Section shall not apply to a registration relating solely to employee benefit plans on Form
S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating
solely to a Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in
the future. The Company may impose stop-transfer instructions with respect to the shares of Common
Stock (or other securities) subject to the foregoing restriction until the end of said one hundred
eighty (180) day period. Optionee agrees that any transferee of the Option or shares acquired
pursuant to the Option shall be bound by this Section.

6. Non-Transferability of Option. This Option may not be transferred in any manner
otherwise than by will or by the laws of descent or distribution and may be exercised during the
lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be
binding upon the executors, administrators, heirs, successors and assigns of the Optionee. In no
event may this Option be transferred to a third party in exchange for consideration.

7. Tax Obligations.

(a) Withholding Taxes. Optionee agrees to make appropriate arrangements with the
Company (or the Parent or Subsidiary employing or retaining Optionee) for the satisfaction of all
Federal, state, local and foreign income and employment tax withholding requirements applicable to
the Option exercise. Optionee acknowledges and agrees that the
Company may refuse to honor the exercise and refuse to deliver Shares if such withholding
amounts are not delivered at the time of exercise.

 

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The Company, in its sole discretion, and in compliance with any Applicable Laws, may withhold
from fully vested Shares otherwise deliverable to Optionee upon the exercise of the Option a number
of whole Shares having a Fair Market Value, as determined by the Company as of the date the
Optionee recognizes income with respect to those Shares, not in excess of the amount of minimum tax
required to be withheld by law (or such other amount as may be necessary to avoid adverse financial
accounting treatment). Any adverse consequences to Optionee arising in connection with such Stock
withholding procedure shall be the Optionee’s sole responsibility.

(b) Notice of Disqualifying Disposition of ISO Shares. If the Option granted to
Optionee herein is an ISO, and if Optionee sells or otherwise disposes of any of the Shares
acquired pursuant to the ISO on or before the later of (1) the date two years after the Date of
Grant, or (2) the date one year after the date of exercise, the Optionee shall immediately notify
the Company in writing of such disposition. Optionee agrees that Optionee may be subject to income
tax withholding by the Company on the compensation income recognized by the Optionee.

8. Entire Agreement; Governing Law. The Plan is incorporated herein by reference.
The Plan and this Option Agreement constitute the entire agreement of the parties with respect to
the subject matter hereof and supersede in their entirety all prior undertakings and agreements of
the Company and Optionee with respect to the subject matter hereof, and may not be modified
adversely to the Optionee’s interest except by means of a writing signed by the Company and
Optionee. This agreement is governed by the internal substantive laws but not the choice of law
rules of Florida.

9. No Guarantee of Continued Service. Optionee acknowledges and agrees that the
vesting of shares pursuant to the vesting schedule hereof is earned only by continuing as a Service
Provider at the will of the Company (not through the act of being hired, being granted this Option
or acquiring shares hereunder). Optionee further acknowledges and agrees that this Agreement, the
transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an
express or implied promise of continued engagement as a Service Provider for the vesting period,
for any period, or at all, and shall not interfere in any way with Optionee’s right or the
company’s right to terminate Optionee’s relationship as a Service Provider at any time, with or
without cause.

[The remainder of this page had been intentionally left blank.]

 

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Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar
with the terms and provisions thereof, and hereby accepts this Option subject to all of the terms
and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had
an opportunity to obtain the advice of counsel prior to executing this Option and fully understands
all provisions of the Option. Optionee hereby agrees to accept as binding, conclusive and final all
decisions or interpretations of the Administrator upon any questions arising under the Plan or this
Option. Optionee further agrees to notify the Company upon any change in the residence address
indicated below.

	 	 	 

	OPTIONEE

	 	MARINEMAX, INC.
	 
	 	 
	 

	 	 
	Signature

	 	By
	 
	 	 
	 

	 	 
	Print Name

	 	Title
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	Residence Address
	 	 

[Signature Page of Stock Option Agreement]

 

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EXHIBIT A

MARINEMAX, INC.

2011 STOCK-BASED COMPENSATION PLAN

EXERCISE NOTICE

MarineMax, Inc.

18167 US Highway 19 North, Suite 300

Clearwater, FL 33764

Attention:

1. Exercise of Option. Effective as of today,                     ,                     , the
undersigned (“Optionee”) hereby elects to exercise
Optionee’s option to purchase                     _____ shares of
the Common Stock (the “Shares”) of MarineMax, Inc. (the “Company”) under and pursuant to the 2011
Stock-Based Compensation Plan (the “Plan”) and the Stock Option Agreement dated                     ,
                     (the “Option Agreement”).

2. Delivery of Payment and Required Documents. Optionee herewith delivers to the
Company the full purchase price of the Shares, as set forth in the Option Agreement, and any and
all withholding taxes due in connection with the exercise of the Option. In addition, Optionee
delivers any other documents required by the Company.

3. Representations of Optionee. Optionee acknowledges that Optionee has received,
read and understood the Plan and the Option Agreement and agrees to abide by and be bound by their
terms and conditions.

4. Rights as Stockholder. Until the issuance of the Shares (as evidenced by the
appropriate entry on the books of the Company or of a duly authorized transfer agent of the
Company), no right to vote or receive dividends or any other rights as a stockholder shall exist
with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Shares shall
be issued to the Optionee as soon as practicable after the Option is exercised in accordance with
the Option Agreement. No adjustment shall be made for a dividend or other right for which the
record date is prior to the date of issuance except as provided in Section 10(c) of the Plan.

5. Tax Consultation. Optionee understands that Optionee may suffer adverse tax
consequences as a result of Optionee’s purchase or disposition of the Shares. Optionee represents
that Optionee has consulted with any tax consultants Optionee deems advisable in connection with
the purchase or disposition of the Shares and that Optionee is not relying on the Company for any
tax advice.

 

A-1

 

6. Restrictive Legends and Stop-Transfer Orders.

(a) Legends. Optionee understands and agrees that the Company shall cause the
legends set forth below or legends substantially equivalent thereto, to be placed upon any
certificate(s) evidencing ownership of the Shares together with any other legends that may be
required by the Company or by state or federal securities laws:

[THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER FOR A
PERIOD NOT TO EXCEED 180 DAYS FOLLOWING THE EFFECTIVE DATE OF THE UNDERWRITTEN PUBLIC OFFERING OF
THE COMPANY’S SECURITIES AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF BY THE HOLDER WITHOUT THE
CONSENT OF THE COMPANY OR THE MANAGING UNDERWRITER.]

(b) Stop-Transfer Notices. Optionee agrees that, in order to ensure compliance with
the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions
to its transfer agent, if any, and that, if the Company transfers its own securities, it
may make appropriate notations to the same effect in its own records.

(c) Refusal to Transfer. The Company shall not be required (i) to transfer on its
books any Shares that have been sold or otherwise transferred in violation of any of the provisions
of this Exercise Notice or (ii) to treat as owner of such Shares or to accord the right to vote or
pay dividends to any purchaser or other transferee to whom such Shares shall have been so
transferred.

7. Successors and Assigns. The Company may assign any of its rights under this
Exercise Notice to single or multiple assignees, and this Exercise Notice shall inure to the
benefit of the successors and assigns of the Company. Subject to the restrictions on transfer
herein set forth, this Exercise Notice shall be binding upon Optionee and his or her heirs,
executors, administrators, successors and assigns.

8. Interpretation. Any dispute regarding the interpretation of this Exercise Notice
shall be submitted by Optionee or by the Company forthwith to the Administrator which shall review
such dispute at its next regular meeting. The resolution of such a dispute by the Administrator
shall be final and binding on all parties.

9. Governing Law; Severability. This Exercise Notice is governed by the internal
substantive laws but not the choice of law rules, of Florida. In the event that any provision
hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or
void, this Option Agreement will continue in full force and effect.

	 

 

A-2

 

10. Entire Agreement. The Plan and Option
Agreement are incorporated herein by reference. This
Exercise Notice, the Plan, the Option Agreement and the
Investment Representation Statement constitute the entire
agreement of the parties with respect to the subject
matter hereof and supersede in their entirety all prior
undertakings and agreements of the Company and Optionee
with respect to the subject matter hereof, and may not be
modified adversely to the Optionee’s interest except by
means of a writing signed by the Company and
Optionee.

	 	 	 

	OPTIONEE

	 	MARINEMAX, INC.
	 
	 	 
	 

	 	 
	Signature

	 	By
	 
	 	 
	 

	 	 
	Print Name

	 	Title
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	Residence Address
	 	 

[Signature Page of Stock Option Exercise Notice]

 

A-3Exhibit 10.29(c)

EXHIBIT 10.29(c)

MARINEMAX, INC.

2011 Stock-Based Compensation Plan

Restricted Stock Unit Grant Notice

MarineMax, Inc. (the “Company”), pursuant to its 2011 Stock-Based Compensation Plan (the “Plan”),
hereby grants to Participant a right to receive the number of shares of the Company’s Common Stock
set forth below on the terms and conditions of this Restricted Stock Unit Grant Notice (the “Grant
Notice”), the Plan and the Restricted Stock Unit Award Agreement (the “Agreement”). The Restricted
Stock Units granted in this Grant Notice are subject to all of the terms and conditions as set
forth herein and in the Agreement, the Plan and, the applicable provisions of any employment
agreement between the Participant and the Company, if any.

	 	 	 
	Participant:
	 	 
	 

	 
	 
	 	 
	Date of Grant:
	 	 
	 

	 
	 
	 	 
	Vesting Commencement Date:
	 	 
	 

	 
	 
	 	 
	Number of Restricted Stock Units:
	 	 
	 

	 
	 
	 	 
	Expiration Date:

	Subject to expiration as provided in
Section 3(b) of the Agreement.

	 	 	 
	Vesting Schedule:

	 	[                    ] of the Restricted Stock Units subject to this
award vest on the [                    ] anniversaries of the Vesting Commencement Date;
subject to Participant’s Continuous Service on such vesting date(s).
	 
	 	 
	Delivery Schedule:

	 	Subject to Section 4 of the Agreement, the Shares to be
delivered in satisfaction of the vested Restricted Stock Units (pursuant to
Section 4(a) of the Agreement) shall be delivered within five (5) months of the
respective vesting date.

[The remainder of this page intentionally has been left blank.]

 

 

 

Additional Terms/Acknowledgements: The undersigned Participant acknowledges receipt of, and
understands and agrees to, this Grant Notice, the Agreement and the Plan. Participant further
acknowledges that as of the Date of Grant, this restricted Grant Notice, the Agreement, the Plan
and any applicable provisions of any employment agreement between the Participant and the Company,
if any, set forth the entire understanding between Participant and the Company regarding the
acquisition of Common Stock in the Company and supersede all prior oral and written agreements on
that subject with the exception of (i) options and other awards previously granted and delivered to
Participant under the Plan, and (ii) the following agreements only:

	 	 	 

	Other Agreements:
	 	 
	 

	 
	 
	 	 
	 

	 

IN WITNESS WHEREOF, the parties have executed this Grant Notice on the day and year first
indicated below.

	 	 	 	 	 	 	 

	MarineMax, Inc.	 	Participant:
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 

	 	 	 
	 	 	 	 	Signature
	Name:

	 	 	 	 	 	 
	 

	 	 
	 	 	 
	 
	 	 	 	Date:	 	 
	 

	 	 
	 	 	 
	Title:
	 	 	 	 	 	 
	 

	 	 	 	 	 
	 
	 	 	 	 	 	 
	Date:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 

Attachments: Restricted Stock Unit Award Agreement and 2011 Stock-Based Compensation Plan.

[Signature Page of Restricted Stock Unit Grant Notice.]

 

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MARINEMAX, INC.

2011 Stock-Based Compensation Plan

Restricted Stock Unit Award Agreement

MarineMax, Inc. (the “Company”) wishes to grant to the person (the “Participant”) named in the
Restricted Stock Unit Award Grant Notice (the “Grant Notice”) a restricted stock unit award (the
“Award”) pursuant to the provisions of the Company’s 2011 Stock-Based Compensation Plan (the
“Plan”). The Award will entitle Participant to shares of Stock from the Company, if Participant
meets the vesting requirements described herein. Therefore, pursuant to the terms of the attached
Grant Notice and this Restricted Stock Unit Award Agreement (the “Agreement”), the Company grants
Participants the number of restricted stock units listed in the Grant Notice (the “Restricted Stock
Units”).

The details of the award are as follows:

1. Grant Pursuant to Plan. This Award is granted pursuant to the Plan, which is incorporated
herein for all purposes. The Participant hereby acknowledges receipt of a copy of the Plan and
agrees to be bound by all of the terms and conditions of this Agreement and of the Plan. All
capitalized terms in this Agreement shall have the meaning assigned to them in this Agreement, or,
if such term is not defined in this Agreement, such term shall have the meaning assigned to it
under the Plan.

2. Restricted Stock Unit Award. The Company hereby grants to the Participant the Restricted
Stock Units listed in the Grant Notice as of the grant date specified in the Grant Notice (the
“Grant Date”). Such number of Restricted Stock Units may be adjusted from time to time pursuant to
Section 10(c) of the Plan.

3. Vesting and Forfeiture of Restricted Stock Units.

(a) Vesting. The Participant shall become vested in the Restricted Stock Units in accordance
with the vesting schedule in the Grant Notice; subject to vesting acceleration as provided in
Section 3(c) below.

(b) Forfeiture. The Participant shall forfeit any unvested Restricted Stock Units, if any, in
the event that the Participant’s Continuous Service is terminated for any reason, except (i) as
provided in the Participant’s employment agreement or other agreement with the Company, if any and
(ii) as otherwise determined by the Plan Administrator in its sole discretion, which determination
need not be uniform as to all Participants.

(c) Acceleration of Vesting. The Restricted Stock Units shall vest on an accelerated basis if
vesting acceleration is provided pursuant to any employment or other agreement between the
Participant and the Company.

 

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4. Settlement of Restricted Stock Unit Award.

(a) Settlement of Restricted Stock Units for Stock. The Company shall deliver to the
Participant one share of Stock for each vested Restricted Stock Unit subject of this
Award on the appropriate Delivery Date (as defined in Section 4(b)). The Company shall have
no obligation to settle this Award for cash.

(b) Delivery of Stock. Subject to Sections 4(c), 4(d), 4(e) and 4(f) below, Shares shall be
delivered on the delivery date(s) (each a “Delivery Date”) specified in the Grant Notice. Once a
Share is delivered with respect to a vested Restricted Stock Unit, such vested Restricted Stock
Unit shall terminate and the Company shall have no further obligation to deliver Shares or any
other property for such vested Restricted Stock Unit.

(c) Deferral of Delivery. Notwithstanding the foregoing, the Participant may elect, in a
writing received by the Plan Administrator at least twelve (12) months prior to a Delivery Date, to
defer the delivery of the Shares for the respective Restricted Stock Units until a later date
(which date must be at least five (5) years after the original Delivery Date).

(d) Deferral Due to Section 162(m). To the extent that the Company reasonably anticipates
that the Shares to be delivered would not be deductible under Section 162(m) of the Code, the
delivery date of such Shares shall be delayed until the earlier of (i) the first tax year of the
Company in which the tax deduction for such Shares is permitted under Section 162(m) and (ii) the
Participant’s “separation from service” (as such term is defined under Section 409A of the Code any
temporary or final Treasury Regulations and Internal Revenue Service guidance thereunder). To the
extent that a portion of the Shares that are deliverable may be deducted for tax purposes under
Section 162(m), then that portion of the Shares shall be delivered and the remaining Shares that
are deliverable shall continue to be delayed pursuant to this Section.

(e) Acceleration of Delivery upon a Change of Control. In the event of a Change in Control,
the full amount of the Common Stock corresponding to the Participant’s vested Restricted Stock
Units shall be distributed to the Participant as soon as administratively practicable on or after
the Change in Control.

(f) Delay in Payment under Section 409A. To the extent necessary to comply with Section
409A(a)(2)(B)(i) of the Code, the delivery of the Shares shall be delayed for six (6) months after
a “separation from service” (as defined in Section 409A, any temporary or final Treasury
Regulations and Internal Revenue Service guidance thereunder). Any Shares or other amounts that
would have been delivered within six (6) months of a separation from service but for the effect of
this Section, shall be delivered promptly after the six (6) month delay, but, in any event, no
later than five (5) business days after the six (6) month delay.

5. No Rights as Shareholder until Delivery. The Participant shall not have any rights,
benefits or entitlements with respect to any Common Stock subject to this Agreement unless and
until the Common Stock has been delivered to the Participant. On or after delivery of the Common
Stock, the Participant shall have, with respect to the Common Stock delivered, all of the rights of
an equity interest holder of the Company, including the right to vote the Common Stock and the
right to receive all dividends, if any, as may be declared on the Stock from time to time.

 

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6. Tax Provisions.

(a) Tax Consequences. Participant has reviewed with Participant’s own tax advisors the
federal, state, local and foreign tax consequences of this investment and the transactions
contemplated by this Agreement. Participant is relying solely on such advisors and not on any
statements or representations of the Company or any of its agents. Participant understands that
Participant (and not the Company) shall be responsible for any tax liability that may arise as a
result of the transactions contemplated by this Agreement.

(b) Withholding Obligations. At the time the Award is granted, or at any time thereafter as
requested by the Company or any Related Entity that employs Participant, Participant hereby
authorizes withholding from payroll and any other amounts payable to Participant, including the
Shares deliverable pursuant to this Award, and otherwise agrees to make adequate provision for, any
sums required to satisfy the minimum federal, state, local and foreign tax withholding obligations
of the Company or any Related Entity that employs Participant, if any, which arise in connection
with the Award.

The Company, in its sole discretion, and in compliance with any applicable legal conditions or
restrictions, may withhold from fully vested Shares otherwise deliverable to Participant pursuant
to the Award a number of whole Shares having a Fair Market Value, as determined by the Company as
of the date of the Participant recognizes income with respect to those Shares, not in excess of the
minimum amount of tax required to be withheld by law (or such other amount that would avoid adverse
financial accounting treatment). Any adverse consequences to Participant arising in connection with
such Share withholding procedure shall be the Participant’s sole responsibility.

In addition, the Company, in its sole discretion, may establish a procedure whereby the
Participant may make an irrevocable election to direct a broker (determined by the Company) to sell
sufficient Shares from the Award to cover the tax withholding obligations of the Company or any
Related Entity that employs Participant and deliver such proceeds to the Company or any Related
Entity that employs Participant.

Unless the tax withholding obligations of the Company or any Related Entity that employs
Participant are satisfied, the Company shall have no obligation to issue a certificate for any
Shares deliverable under this Award.

(c) Section 409A Amendments. The Company agrees to cooperate with Participant to amend this
Agreement to the extent either the Company or Participant deems necessary to avoid imposition of
any additional tax or income recognition prior to actual payment to Participant under Section 409A
of the Code and any temporary or final Treasury Regulations and Internal Revenue Service guidance
thereunder, but only the extent such amendment would not have an adverse effect on the Company and
would not provide Participant with any additional rights, in each case as determined by the
Company, in its sole discretion.

8. Consideration. With respect to the value of the Shares to be delivered pursuant to the
Award, such Shares are granted in consideration for the services Participant shall provide to the
Company during the vesting period.

 

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9. Transferability. The Restricted Stock Units granted under this Agreement are not
transferable otherwise than by will or under the applicable laws of descend and distribution. In
addition, the Restricted Stock Units shall not be assigned, negotiated, pledged or hypothecated in
any way (whether by operation of law or otherwise), and the Restricted Stock Units shall not be
subject to execution, attachment or similar process. In no event may the Restricted Stock Units be
transferred to a third party in exchange for consideration.

10. General Provisions.

(a) Employment at Will. Nothing in this Agreement or in the Plan shall confer upon
Participant any right to continue in the service of the Company or its Related Entities for any
period of specific duration or interfere with or otherwise restrict in any way the rights of the
Company or of Participant, which rights are hereby expressly reserved by each, to terminate
Participant’s service at any time for any reason, with or without cause.

(b) Notices. Any notice required to be given under this Agreement shall be in writing and
shall be deemed effective upon personal delivery or upon deposit in the U.S. mail, registered or
certified, postage prepaid and properly addressed to the party entitled to such notice at the
address indicated below such party’s signature line on this Agreement or at such other address as
such party may designate by ten (10) days’ advance written notice under this paragraph to all other
parties to this Agreement.

(c) No Limit on Other Compensation Arrangements. Nothing contained in this Agreement shall
preclude the Company from adopting or continuing in effect other or additional compensation
arrangements, and those arrangements may be either generally applicable or applicable only in
specific cases.

(d) Severability. If any provision of this Agreement is or becomes or is deemed to be
invalid, illegal, or unenforceable in any jurisdiction or would disqualify this Agreement or the
Award under any applicable law, that provision shall be construed or deemed amended to conform to
applicable law (or if that provision cannot be so construed or deemed amended without materially
altering the purpose; or intent of this Agreement and the Award, that provision shall be stricken
as to that jurisdiction and the remainder of this Agreement and the Award shall remain in full
force and effect).

(e) No Trust or Fund Created. Neither this Agreement nor the grant of the Award shall create
or be construed to create a trust or separate; fund of any kind or a fiduciary relationship between
the Company and the Participant or any other person. The Restricted Stock Units subject to this
Agreement represent only the Company’s unfunded and unsecured promise to issue Stock to the
Participant in the future. To the extent that the Participant or any other person acquires a right
to receive payments from the Company pursuant to this Agreement, that right shall be no greater
than the right of any unsecured general creditor of the Company.

(f) Cancellation of Award. If any Restricted Stock Units subject to this Agreement are
forfeited, then from and after such time, the Participant and, if applicable, the person from whom
such Restricted Stock Units are forfeited shall no longer have any rights to
such Restricted Stock Units or the corresponding shares of Stock. Such Restricted Stock Units
shall be deemed forfeited in accordance with the applicable provisions hereof.

 

4

 

(g) Participant Undertaking. Participant hereby agrees to take whatever additional action and
execute whatever additional documents the Company may deem necessary or advisable in order to carry
out or effect one or more of the obligations or restrictions imposed on either Participant or the
shares of Stock deliverable pursuant to the provisions of this Agreement.

(h) Amendment, Modification, and Entire Agreement. No provision of this Agreement may be
modified, waived or discharged unless that waiver, modification or discharge is agreed to in
writing and signed by the Participant and an officer of the Company, other than the Participant,
designated by the Plan Administrator. The Participant and the Company acknowledge that as of the
Grant Date, this Agreement, the Plan and any applicable provisions of the Participant’s employment
agreement with the Company, if any, set forth the entire understanding between the Participant and
the Company regarding the acquisition of Common Stock pursuant to this Award and supersede all
prior oral and written agreements on that subject with the exception of awards from the Company
previously granted and delivered to the Participant. This Agreement is made pursuant to the
provisions of the Plan and shall in all respects be construed in conformity with the terms of the
Plan. In the event of a conflict between the Plan and this Agreement, the terms of the Plan shall
govern. In the event of a conflict among any of an employment agreement, any Grant Notice and this
Agreement or the Plan, the terms of such employment agreement shall govern. No agreements or
representations, oral or otherwise, express or implied, with respect to the subject matter hereof
have been made by either party which are not set forth expressly in this Agreement.

(i) Governing Law. This Agreement shall be governed by, and construed in accordance with, the
laws of the State of Florida without regard to the conflict-of-laws rules thereof or of any other
jurisdiction.

(j) Interpretation. The Participant accepts this Award subject to all the terms and
provisions of this Agreement and the terms and conditions of the Plan. The undersigned Participant
hereby accepts as binding, conclusive and final all decisions or interpretations of the Plan
Administrator upon any questions arising under this Agreement.

(k) Successors and Assigns. The provisions of this Agreement shall inure to the benefit of,
and be binding upon, the Company and its successors and assigns and upon Participant, Participant’s
assigns and the legal representatives, heirs and legatees of Participant’s estate, whether or not
any such person shall have become a party to this Agreement and have agreed in writing to join
herein and be bound by the terms hereof. The Company may assign its rights and obligations under
this Agreement, including, but not limited to, the forfeiture provision of Section 3(b) to any
person or entity selected by the Plan Administrator.

(l) Counterparts. This Agreement may be executed in counterparts, each of which shall be
deemed to be an original, but all of which together shall constitute one and the same instrument.

(m) Headings. Headings are given to the Paragraphs and Subparagraphs of this Agreement solely
as a convenience to facilitate reference. The headings shall not be deemed in any way material or
relevant to the construction or interpretation of this Agreement or any provision thereof.

11. Representations. Participant acknowledges and agrees that Participant has reviewed the
Agreement, the Plan and the Grant Notice in their entirety, has had an opportunity to obtain the
advice of counsel prior to executing and accepting the Award and fully understands all provisions
of the Award.

[Remainder of Page Intentionally Left Blank]

 

5

 

IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first
indicated above.

	 	 	 	 	 

	 	 	MARINEMAX, INC.
	 
	 	 	 	 
	 
	 	By:	 	 
	 
	 	 	 
	 

	 	Its: 	 	 
	 

	 	 	 
	 
	 	 	 	 
	 	 	PARTICIPANT
	 
	 	 	 	 
	 

	 	Signature: 	 
	 

	 	 	 	 
	 

	 	Print Name:	 
	 

	 	 	 	 

[Signature Page of Restricted Stock Unit Agreement.]

 

6

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