SEC Contract Filing

Filing Date: 2024-11-08

Document Content:
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<DIV><FONT size="1" style="font-size:1pt;color:white"> 4133-0685-9604.2 MARCUS AND MILLICHAP, INC. AMENDED AND RESTATED 2013 OMNIBUS EQUITY INCENTIVE PLAN RESTRICTED STOCK AWARD AGREEMENT Unless otherwise defined herein, the terms defined in the Marcus and Millichap, Inc. Amended and Restated 2013 Omnibus Equity Incentive Plan (the &#8220;Plan&#8221;) will have the same defined meanings in this Restricted Stock Award Agreement (the &#8220;Award Agreement&#8221;). NOTICE OF RESTRICTED STOCK GRANT Participant Name: Address: You have been granted the right to receive an Award of Restricted Stock, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Number Date of Grant Vesting Commencement Date Total Number of Shares Granted Vesting Schedule: Subject to any acceleration provisions contained in the Plan or set forth below, the Restricted Stock will vest and the right of Marcus and Millichap, Inc. (the &#8220;Company&#8221;) to reacquire the Restricted Stock will lapse in accordance with the following schedule: [100% of the Shares of Restricted Stock subject to the Grant will vest and be released from the Company&#8217;s reacquisition right on the earlier of (i) the one-year anniversary of the Vesting Commencement Date and (ii) the date of the next Annual Meeting of Stockholders, subject to Participant continuing to be a Service Provider through the applicable vesting date.] By Participant&#8217;s signature and the signature of the representative of the Company below, Participant and the Company agree that this Award of Restricted Stock is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including the Terms and Conditions of Restricted Stock Grant (including any country-specific addendum thereto), attached hereto as Exhibit A, all of which are made a part of this document. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> -2- 4133-0685-9604.2 conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. PARTICIPANT: MARCUS AND MILLICHAP, INC. By: Signature Title: Print Name Residence Address: </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> -3- 4133-0685-9604.2 EXHIBIT A TERMS AND CONDITIONS OF RESTRICTED STOCK GRANT 1. Grant of Restricted Stock. The Company hereby grants to the individual named in the Notice of Grant attached as Part I of this Award Agreement (the &#8220;Participant&#8221;) under the Plan for past services and as a separate incentive in connection with his or her services and not in lieu of any salary or other compensation for his or her services, an Award of Shares of Restricted Stock, subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section 13 of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. 2. Escrow of Shares. (a) All Shares of Restricted Stock will, upon execution of this Award Agreement, be delivered and deposited with an escrow holder designated by the Company (the &#8220;Escrow Holder&#8221;). The Shares of Restricted Stock will be held by the Escrow Holder until such time as the Shares of Restricted Stock vest or the date Participant ceases to be a Service Provider. (b) The Escrow Holder will not be liable for any act it may do or omit to do with respect to holding the Shares of Restricted Stock in escrow while acting in good faith and in the exercise of its judgment. (c) Upon Participant&#8217;s termination as a Service Provider for any reason, the Escrow Holder, upon receipt of written notice of such termination, will take all steps necessary to accomplish the transfer of the unvested Shares of Restricted Stock to the Company. Participant hereby appoints the Escrow Holder with full power of substitution, as Participant's true and lawful attorney in fact with irrevocable power and authority in the name and on behalf of Participant to take any action and execute all documents and instruments, including, without limitation, stock powers which may be necessary to transfer the certificate or certificates evidencing such unvested Shares of Restricted Stock to the Company upon such termination. (d) The Escrow Holder will take all steps necessary to accomplish the transfer of Shares of Restricted Stock to Participant after they vest following Participant&#8217;s request that the Escrow Holder do so. (e) Subject to the terms hereof, Participant will have all the