EXHIBIT 10.21
CARRIAGE SERVICES OF FLORIDA, INC.
PLAN ADOPTION AGREEMENT
Subject to the terms and conditions of the Carriage Partners Program
for Northern Florida, Southern Georgia and Alabama (the "Plan"), a copy of which
is attached hereto and incorporated herein by reference, Carriage Services of
Florida, Inc., a Florida corporation (the "Company"), hereby awards to XXXX X.
XXXXXXXXX (the "Participant") FIVE HUNDRED (500) POINTS in accordance with
Section 3.1 of the Plan.
The Participant hereby accepts and agrees to be bound by all the
terms and conditions of the Plan. Participant's participation in the Plan shall
commence on the date indicated below. The Participant understands that his
participation in the Plan and his or her right to receive incentive payments
thereunder are subject to a number of conditions as set forth in the Plan,
including achievement of a minimum level of Operating Net Income according to a
budgeted amount established by the Company's Board of Directors. The Plan is
subject to amendment, modification and termination as provided therein. The
Participant acknowledges that he or she has consulted, or has had the
opportunity to consult, with the Participant's own advisors regarding the tax
and other consequences of the Participant's participation in the Plan. The
foregoing is not in limitation of the terms and provisions of the Plan, which
the Participant acknowledges having read in its entirety.
Granted the 20th day of November, 1997.
CARRIAGE SERVICES OF FLORIDA, INC.
By: /s/ XXXX X. XXXXXX
XXXX X. XXXXXX, President
ACCEPTED:
/s/ XXXX X. XXXXXXXXX
XXXX X. XXXXXXXXX
Date: November 20, 1997.
