SEC Contract Filing

Filing Date: 2017-05-10

Document Content:
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<TYPE>EX-10.14
<SEQUENCE>9
<FILENAME>d386064dex1014.htm
<DESCRIPTION>EX-10.14
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<TITLE>EX-10.14</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.14 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">SINGAPORE EMPLOYEES </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TELLURIAN INC. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RESTRICTED STOCK AGREEMENT </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO THE </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TELLURIAN INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>2016
OMNIBUS INCENTIVE COMPENSATION PLAN </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This RESTRICTED STOCK AGREEMENT (&#147;<B><U>Agreement</U></B>&#148;) is effective as of
[INSERT MONTH]_, 2017 (the &#147;<B><U>Grant Date</U></B>&#148;), between Tellurian Inc., a Delaware corporation (the &#147;<B><U>Company</U></B>&#148;), and [INSERT NAME] (the &#147;<B><U>Participant</U></B>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Terms and Conditions </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Participant is hereby granted, as an eligible Employee<B> </B>of the Company or a Subsidiary, as of the Grant Date, pursuant to the
Tellurian Inc. 2016 Omnibus Incentive Compensation Plan, as it may be amended from time to time (the &#147;<B><U>Plan</U></B>&#148;), the number of<B> </B>shares of the Company&#146;s Common Stock set forth in <U>Section</U><U></U><U>&nbsp;1</U>
below. Except as otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan. A copy of the Plan and the prospectus with regard to the shares under an effective registration on Form <FONT
STYLE="white-space:nowrap">S-8</FONT> have been delivered or made available to the Participant. By signing and returning this Agreement, the Participant acknowledges having received and read a copy of the Plan and the prospectus and agrees to comply
with the Plan, this Agreement and all applicable laws and regulations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Accordingly, the parties hereto agree as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <B><U>Grant of Shares</U></B><B>.</B> Subject in all respects to the Plan and the terms and conditions set forth herein and therein,
effective as of the Grant Date, the Company hereby awards to the Participant [<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>] shares of its Common Stock (the
&#147;<B><U>Shares</U></B>&#148;). Such Shares are subject to certain restrictions set forth in <U>Section</U><U></U><U>&nbsp;2</U> hereof, which restrictions shall lapse at the times provided under <U>Section</U><U></U><U>&nbsp;2</U> hereof. For
the period during which such restrictions are in effect, the Shares subject to such restrictions are referred to herein as the &#147;<B><U>Restricted Stock</U></B>.&#148; The Restricted Stock, in the sole discretion of the Plan Administrator, shall
be evidenced by a certificate or be credited to a book entry account maintained by the Company (or its designee) on behalf of the Participant and such certificate or book entry (as applicable) shall be noted appropriately to record the restrictions
on the Restricted Stock imposed hereby. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. <B><U>Restricted Stock</U></B>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <B><U>Rights as a Stockholder</U></B><B>.</B> The Participant shall have the rights of a stockholder with respect to the shares of
Restricted Stock as, and only as, set forth in <U>Section</U><U></U><U>&nbsp;10.4</U> of the Plan and herein. Solely with respect to unvested shares of Restricted Stock, (i)&nbsp;dividends or other distributions (collectively, &#147;dividends&#148;)
on such unvested shares of Restricted Stock shall be withheld, in each case, while such unvested shares of Restricted Stock are subject to restrictions, and (ii)&nbsp;in no event shall dividends or other distributions payable thereunder be paid
unless and until such unvested shares of Restricted Stock to which they relate have become fully vested in the Participant in accordance with the terms of this Agreement. Dividends that are not paid currently shall be credited to bookkeeping
accounts on the Company&#146;s records for purposes of the Plan and shall not accrue interest. Such dividends shall be paid to the Participant in the same form as paid on the Common Stock promptly upon the lapse of the restrictions. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <B><U>Vesting</U></B>. Subject to <U>Section 2(c)</U> below, the Restricted Stock shall only
vest as follows (and there shall be no proportionate or partial vesting in the periods prior to the applicable vesting date(s) and all vestin