SEC Contract Filing

Filing Date: 2020-02-25

Document Content:
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<TYPE>EX-10.18
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<FILENAME>d838367dex1018.htm
<DESCRIPTION>EX-10.18
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:ARIAL" ALIGN="right"><B>Exhibit 10.18 </B></P>
<P STYLE="margin-top:60pt; margin-bottom:0pt; font-size:10.5pt; font-family:Times New Roman" ALIGN="center"><FONT COLOR="#707070"><B>AMENDED AND RESTATED </B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:Times New Roman" ALIGN="center"><FONT COLOR="#707070"><B>SPIRIT REALTY CAPITAL, INC. AND SPIRIT REALTY, L.P. </B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:Times New Roman" ALIGN="center"><FONT COLOR="#707070"><B>2012 INCENTIVE AWARD PLAN </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10.5pt; font-family:Times New Roman" ALIGN="center"><FONT COLOR="#707070"><B>PERFORMANCE SHARE AWARD GRANT NOTICE </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:6%; font-size:9.5pt; font-family:Times New Roman" ALIGN="justify"><FONT COLOR="#707070">Spirit Realty Capital, Inc., a Maryland corporation, (together with its successors and assigns, the
<I>&#147;Company&#146;), </I>pursuant to the Amended and Restated Spirit Realty Capital, Inc. and Spirit Realty, L.P. 2012 Incentive Award Plan, as amended from time to time (the <B><I>&#147;Plan&#148;). </I></B>hereby grants to the individual
listed below (the <B><I>&#147;Participant&#146;&#146;), </I></B>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, a Performance
Share Award (the <B><I>&#147;Performance Shares&#148;). </I></B>Each Performance Share represents the right to receive one share of Common Stock (as defined in the Plan) upon the achievement of certain performance goals (the
<B><I>&#147;Shares&#148;). </I></B>This award is subject to all of the terms and conditions set forth herein and in the Performance Share Award Agreement attached hereto as <U>Exhibit A</U> (the <B><I>&#147;Performance Share Award
Agreement&#148;</I></B>) and the Plan, each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Performance Share Award Grant Notice (the
<B><I>&#147;Grant Notice&#148;) </I></B>and the Performance Share Award Agreement. </FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top"><FONT COLOR="#707070"><B>Participant:</B></FONT></TD>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">Michael Hughes</FONT></P></TD></TR>
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<TD VALIGN="top"><FONT COLOR="#707070"><B>Grant Date:</B></FONT></TD>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">March 29, 2018</FONT></P></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:9.5pt; font-family:Times New Roman" ALIGN="justify"><FONT COLOR="#707070"><B>Target Number of Performance</B></FONT></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:9.5pt; font-family:Times New Roman" ALIGN="justify"><FONT COLOR="#707070"><B>Shares: </B>Performance</FONT></P></TD>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">77,320 Shares</FONT></P></TD></TR>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">Period: Performance</FONT></P></TD>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">April&nbsp;1, 2018 to April&nbsp;1, 2021</FONT></P></TD></TR>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">Goals:</FONT></P></TD>
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<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9.5pt"><FONT COLOR="#707070">Except as otherwise set forth in the Performance Share Award Agreement, the Participant is eligible
to receive Shares based upon the Company&#146;s attainment, during the Performance Period, of the Performance Goals set forth in Sections 2.2 and 2.3 of the Performance Share Award Agreement.</FONT></P></TD></TR>
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