SEC Contract Filing

Filing Date: 2021-03-04

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exhibit102-2019rsamodifica.htm
<DESCRIPTION>FIRST MODIFICATION TO THE 2019 RESTRICTED STOCK AGREEMENT
<TEXT>
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<title>Document</title></head><body><div id="id48b3fd6c4864505994ef8532f03cc86_32"></div><div style="min-height:72pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Exhibit 10.2</font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">FIRST MODIFICATION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">TO THE</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">NATIONAL CINEMEDIA, INC.</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">2016 EQUITY INCENTIVE PLAN</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">2019 RESTRICTED STOCK AGREEMENT</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">Performance Period&#58; Fiscal Year 2019 &#8211; Fiscal Year 2021</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">First Modification Effective March 2, 2021</font></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:115%">The 2019 Restricted Stock Agreement, for the Performance Period Fiscal Year 2019 &#8211; Fiscal Year 2021 between National CineMedia, Inc. and Grantee (the &#8220;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">Agreement</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:115%">&#8221;) is modified as follows effective March 2, 2021. Capitalized terms not defined herein shall have the same meaning as in the Agreement.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:115%">The Vesting Schedule contained in Section A. Notice of Grant in the Agreement is amended to specify that the Restricted Stock shall vest with respect to 58.7% of the number of shares subject to the Restricted Stock Award, subject to the Grantee&#8217;s continued Service through the Vesting Date. The Vesting Date will remain unchanged.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:115%">Except as set forth above, all provisions of the Agreement shall remain unaffected by this First Modification.</font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
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