FIRST AMENDMENT TO RESTRICTED STOCK AGREEMENT (Jack M. Antonini)
Exhibit
10.10
THIS FIRST AMENDMENT TO RESTRICTED STOCK AGREEMENT (“First Amendment”) is entered into by and
between Cardtronics, Inc., a Delaware corporation (the “Company”), and Xxxx X. Xxxxxxxx
(“Employee”) as of March 1, 2004.
WHEREAS, the Company and Employee have heretofore entered into that certain Restricted Stock
Agreement dated as of February 4, 2004 (the “Restricted Stock Agreement”); and
WHEREAS, the Company and Employee desire to amend the Restricted Stock Agreement in certain
respects;
NOW, THEREFORE, in consideration of the premises set forth above and the mutual agreements set
forth herein, the Company and Employee hereby agree, effective as of the date first set forth
above, that the Restricted Stock Agreement shall be amended as hereafter provided:
1. The last sentence of Section 5(a) of the Restricted Stock Agreement shall be deleted and
the following shall be substituted therefor:
“As soon as administratively feasible after the Company’s receipt of a copy of such
statement, the Company or an Affiliate shall pay a special, one-time bonus to
Employee in the amount of $1,846,417.60 (subject to applicable tax withholding and
other payroll deductions).”
2. This First Amendment (a) shall supersede any prior agreement between the Company and
Employee relating to the subject matter of this First Amendment and (b) shall be binding upon and
inure to the benefit of the parties hereto and any successors to the Company and all persons
lawfully claiming under Employee.
3. Except as expressly modified by this First Amendment, the terms of the Restricted Stock
Agreement shall remain in full force and effect and are hereby confirmed and ratified.
IN WITNESS WHEREOF, the parties hereto have executed and delivered this First Amendment as of
the date first set forth above.
| “EMPLOYEE” | “COMPANY” CARDTRONICS, INC. |
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| /s/ Xxxx X. Xxxxxxxx | By: | /s/ Xxxx Xxxxxx | |||
| XXXX X. XXXXXXXX | Xxxx Xxxxxx, Chairman | ||||
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