SEC Contract Filing

Filing Date: 2024-06-14

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>wldn-20240613xex10d1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge 10.6.125.0--><!--Created on: 6/14/2024 03:42:25 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;min-height:36pt;width:100%;"><p style="font-family:'Calibri Light';font-size:10pt;line-height:1.19;text-align:right;margin:0pt;"><b style="font-weight:bold;">Exhibit 10.1</b></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri Light';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><a name="APPENDIXA_745796"></a><b style="font-weight:bold;">WILLDAN GROUP, INC.</b></p><p style="font-family:'Calibri Light';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">AMENDED AND RESTATED 2008 PERFORMANCE INCENTIVE PLAN</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><font style="font-family:'Calibri Light';font-size:10pt;font-weight:bold;margin-bottom:12pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-family:'Calibri Light';font-weight:bold;">1.&#160;&#160;&#160;&#160;PURPOSE OF PLAN</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;text-indent:0pt;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Calibri Light';font-size:10pt;margin-bottom:12pt;margin-left:0pt;text-decoration-line:none;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:0pt;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Calibri Light';text-decoration-color:#000000;text-decoration-line:none;">The purpose of this Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan (this &#8220;</font><b style="font-family:'Calibri Light';font-weight:bold;text-decoration-color:#000000;text-decoration-line:none;">Plan</b><font style="font-family:'Calibri Light';text-decoration-color:#000000;text-decoration-line:none;">&#8221;) of Willdan Group, Inc., a Delaware corporation (the &#8220;</font><b style="font-family:'Calibri Light';font-weight:bold;text-decoration-color:#000000;text-decoration-line:none;">Corporation</b><font style="font-family:'Calibri Light';text-decoration-color:#000000;text-decoration-line:none;">&#8221;), is to promote the success of the Corporation and to increase stockholder value by providing an additional means through the grant of awards to attract, motivate, retain and reward selected employees and other eligible persons. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt;"><font style="font-family:'Calibri Light';font-size:10pt;font-weight:bold;margin-bottom:12pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-family:'Calibri Light';font-weight:bold;">2.&#160;&#160;&#160;&#160;ELIGIBILITY</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:1.19;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Calibri Light';font-size:10pt;margin-bottom:12pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Calibri Light';white-space:pre-wrap;">The Administrator (as such term is defined in Section 3.1) may grant awards under this Plan only to those persons that the Administrator determines to be Eligible Persons. An &#8220;</font><b style="font-family:'Calibri Light';font-weight:bold;">Eligible Person</b><font style="font-family:'Calibri Light';">&#8221; is any person who is either: (a)&#160;an officer (whether or not a director) or employee of the Corporation or one of its Subsidiaries; (b)&#160;a director of the Corporation or one of its Subsidiaries; or (c)&#160;an individual consultant or advisor who renders or has rendered bona fide services (other than services in connection with the offering or sale of securities of the Corporation or one of its Subsidiaries in a capital-raising transaction or as a market maker or promoter of securities of the Corporation or one of its Subsidiaries) to the Corporation or one of its Subsidiaries and who is selected to participate in this Plan by the Administrator; provided, however, that a person who is otherwise an Eligible Person under clause (c) above may participate in this Plan only if such participation would not adversely affect either the Corporation&#8217;s eligibility to use Form S-8 to register under the Securities Act of 1933, as amended (the &#8220;</font><b style="font-family:'Calibri Light';font-weight:bold;">Securities Act</b><font style="font-family:'Calibri Light';white-space:pre-wrap;">&#8221;), the offering and sale of shares issuable under this Plan by the Corporation or the Corporation&#8217;s compliance with any other applicable laws. An Eligible Person who has been granted an award (a &#8220;participant&#8221;) may, if otherwise eligible, be granted additional awards if the Administrator shall so determine. As used herein, &#8220;</font><b style="font-family:'Calibri Light';font-weight:bold;">Subsidiary</b><font style="font-family:'Calibri Light';">&#8221; means any corporation or other entity a majority of whose outstanding voting stock or voting power is beneficially owned directly or indirectly by the Corporation; and &#8220;</font><b style="font-family:'Calibri Light';font-weight:bold;">Bo