FRAM HOLDINGS, INC. SECOND AMENDED AND RESTATED DEFERRED RESTRICTED STOCK AWARD GRANT NOTICE AND AGREEMENTDeferred Restricted Stock Award Grant Notice and Agreement • August 3rd, 2015 • Houlihan Lokey, Inc. • Investment advice • Delaware
THIS DEFERRED RESTRICTED STOCK AWARD GRANT NOTICE AND AGREEMENT (the “Agreement”), effective as of the Grant Date set forth below (the “Grant Date”), is made by and between Fram Holdings, Inc., a Delaware corporation (the “Company”), and the individual Participant listed below (“Participant”):
FRAM HOLDINGS, INC. SECOND AMENDED AND RESTATED RESTRICTED STOCK AWARD GRANT NOTICE AND RESTRICTED STOCK AGREEMENTRestricted Stock Award Grant Notice and Restricted Stock Agreement • August 3rd, 2015 • Houlihan Lokey, Inc. • Investment advice
Fram Holdings, Inc., a Delaware corporation (the “Company”), pursuant to its Second Amended and Restated 2006 Incentive Compensation Plan (as amended from time to time, the “Plan”), hereby grants to the individual listed below (“Participant”), the right to purchase the number of shares of the Company’s Series E Common Stock, par value $.000001 per share, set forth below (the “Restricted Shares”) at the purchase price set forth below. This restricted stock award is subject to all of the terms and conditions as set forth herein and in the Restricted Stock Agreement attached hereto as Exhibit “A” (the “Restricted Stock Agreement”) and the Plan, each of which are incorporated herein by reference. In addition, as a condition to the issuance of the Restricted Shares, if Participant is not already a party to such agreements, Participant must become a party to (a) the Third Amended and Restated Stockholders’ Agreement, dated as of February 17, 2009, by and among the Company and the stockholder
HOULIHAN LOKEY, INC. AMENDED AND RESTATED 2006 INCENTIVE COMPENSATION PLANIncentive Compensation Plan • August 3rd, 2015 • Houlihan Lokey, Inc. • Investment advice • Delaware
The purpose of the Houlihan Lokey, Inc. Amended and Restated 2006 Incentive Compensation Plan (the “Plan”) is to promote the success and enhance the value of Houlihan Lokey, Inc. (the “Company”) by providing Eligible Individuals with a long-term performance incentive in order to generate superior returns for the Company’s stockholders and to further motivate and retain such individuals. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract, and retain the services of key service providers upon whose judgment, interest, and special effort the successful conduct of the Company’s operation is largely dependent.
