XATA CORPORATION RESTRICTED STOCK AWARD AGREEMENT PURSUANT TO 2002 LONG-TERM INCENTIVE AND STOCK OPTION PLANRestricted Stock Award Agreement • April 12th, 2005 • Xata Corp /Mn/ • Electronic computers • Minnesota
THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made effective as of April 11, 2005, by and between XATA Corporation, a Minnesota corporation (the “Company”) and Mark Ties (“Employee”).
CHANGE OF CONTROL AGREEMENT Dated April 11, 2005Change of Control Agreement • April 12th, 2005 • Xata Corp /Mn/ • Electronic computers
The terms of this Change of Control Agreement dated April 11, 2005 (“Agreement”) by and between XATA Corporation (“XATA” or the “Company”) and Employee (named above) set forth certain payment provisions in the event that Employee is terminated after a Change of Control (defined below). This Agreement does not change the employment relationship of XATA and Employee, which is terminable at will by either party.
