SEC Contract Filing

Filing Date: 2017-03-02

Document Content:
<DOCUMENT>
<TYPE>EX-10.38
<SEQUENCE>5
<FILENAME>v459997_ex10-38.htm
<DESCRIPTION>EXHIBIT 10.38
<TEXT>
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<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: right"><FONT STYLE="font-variant: normal; text-transform: none">Exhibit
</FONT>10.38</P>

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<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-transform: uppercase; text-align: center"><FONT STYLE="text-transform: none">STAAR
SURGICAL COMPANY</FONT></P>

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<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-transform: uppercase; text-align: center"><FONT STYLE="text-transform: none">AMENDED
AND RESTATED OMNIBUS EQUITY INCENTIVE PLAN</FONT></P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-transform: uppercase; text-align: center"><FONT STYLE="text-transform: none">&nbsp;</FONT></P>

<P STYLE="font: small-caps bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-transform: uppercase; text-align: center"><FONT STYLE="text-transform: none">RESTRICTED
STOCK AWARD GRANT NOTICE </FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">ST</FONT>AAR
Surgical Company, a Delaware corporation, (the &ldquo;<U>Company</U>&rdquo;), pursuant to its Amended and Restated Omnibus Equity
Incentive Plan, as amended from time to time (the &ldquo;<U>Plan</U>&rdquo;), hereby grants to the individual listed below (the
&ldquo;<U>Participant</U>&rdquo;), in consideration of the mutual agreements set forth herein and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the number of shares of the Company&rsquo;s Common Stock set forth
below (the &ldquo;<U>Shares</U>&rdquo;). This Restricted Stock award is subject to all of the terms and conditions as set forth
herein and in the Restricted Stock Award Agreement attached hereto as <U>Exhibit A</U> (the &ldquo;<U>Agreement</U>&rdquo;) (including
without limitation the Restrictions on the Shares set forth in the Agreement) and the Plan, each of which is incorporated herein
by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Restricted
Stock Award Grant Notice (the &ldquo;<U>Grant Notice</U>&rdquo;) and the Agreement. A Prospectus regarding the Stock is available
at <U>https://sites.google.com/a/staar.com/staar-intranet/home</U>.</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
 <TD STYLE="vertical-align: bottom; width: 35%"><B>Participant:</B></TD>
 <TD STYLE="vertical-align: top; width: 1%">&nbsp;</TD>
 <TD STYLE="vertical-align: top; width: 64%">[_________________________________________]</TD></TR>
<TR>
 <TD STYLE="vertical-align: bottom">&nbsp;</TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
 <TD STYLE="vertical-align: bottom"><B>Grant Date:</B></TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD>
 <TD STYLE="vertical-align: top">[_________________________________________]</TD></TR>
<TR>
 <TD STYLE="vertical-align: bottom">&nbsp;</TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
 <TD STYLE="vertical-align: bottom"><B>Total Number of Shares of Restricted Stock:</B></TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD>
 <TD STYLE="vertical-align: bottom">[______________________] Shares</TD></TR>
<TR>
 <TD STYLE="vertical-align: bottom">&nbsp;</TD>
 <TD STYLE="vertical-align: top">&nbsp;</TD>
 <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
 <TD><B>Vesting Commencement Date:</B></TD>
 <TD>&nbsp;</TD>
 <TD>[_________________________________________]</TD></TR>
<TR STYLE="vertical-align: top">
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
 <TD><B>Vesting Schedule:</B></TD>
 <TD>&nbsp;</TD>
 <TD>[_________________]</TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">By his or her signature
and the Company&rsquo;s signature below, the Participant agrees to be bound by the terms and conditions of the Plan, the Agreement
and this Grant Notice. The Participant has reviewed the Agreement, the Plan and this Grant Notice in their entirety, has had an
opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant
Notice, the Agreement and the Plan. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations
of the Committee upon any questions arising under the Plan, this Grant Notice or the Agreement. In addition, by signing below,
the Participant also agrees that the Company, in its sole discretion, may satisfy any withholding obligations in accordance with
Section 2.2(c) of the Agreement by withholding shares of Common