RESTRICTED STOCK AGREEMENT (EMPLOYEE)
Exhibit 10.1
RESTRICTED STOCK AGREEMENT (EMPLOYEE)
This Restricted Stock Award Agreement (“Agreement”) has been entered into as of the ____ day of ________, _____, between Hurco Companies, Inc., an Indiana corporation (the “ Company”) and ___________________ (“Participant”), an employee of the Company or one of the Company's subsidiaries pursuant to the Company's 2008 Equity Incentive Plan (the “Plan”).
“The transferability of this certificate and the shares represented hereby are subject to the terms and conditions (including forfeiture) contained in the Hurco Companies, Inc. 2008 Equity Incentive Plan, and an Award Agreement entered into between the registered owner and Hurco Companies, Inc. Copies of the Plan and Award Agreement are on file in the office of the Secretary of Hurco Companies, Inc.”
Exhibit 10.1
11. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Indiana.
12. Notices. All notices and other communications required or permitted under this Agreement shall be written and shall be delivered personally or sent by registered or certified first-class mail, postage prepaid and return receipt required, addressed as follows: if to the Company, to the Company’s executive offices in Indianapolis, Indiana, and if to Participant or his or her successor, to the address last furnished by Participant to the Company. Each notice and communication shall be deemed to have been given when received by the Company or Participant.
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Exhibit 10.1
HURCO COMPANIES, INC.
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By:
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Xxxxxxx Xxxx, Chairman and Chief Executive Officer
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[Participant]
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