November 7, 2018 David M. Hammarley Dear David:Letter Agreement • March 15th, 2019 • Drive Shack Inc. • Real estate investment trusts • New York
It is with great pleasure that we extend to you an offer to join Drive Shack Inc. (the “Company”) as Chief Financial Officer, reporting to the Chief Executive Officer of the Company. This letter is referred to herein as the “Letter Agreement.”
DRIVE SHACK INC. 2018 OMNIBUS INCENTIVE PLAN EXECUTIVE INCENTIVE STOCK OPTION AWARD AGREEMENTExecutive Incentive Stock Option Award Agreement • March 15th, 2019 • Drive Shack Inc. • Real estate investment trusts • Maryland
This Incentive Stock Option Award Agreement (this “Award Agreement”), dated as of November 12, 2018 (the “Date of Grant”), is made by and between Drive Shack Inc., a Maryland corporation (the “Company”), and Kenneth A. May (the “Executive”). Any capitalized term that is used but not defined in this Award Agreement shall have the meaning ascribed to such term in the Drive Shack Inc. 2018 Omnibus Incentive Plan (as may be amended from time to time, the “Plan”).
DRIVE SHACK INC. EXECUTIVE NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • March 15th, 2019 • Drive Shack Inc. • Real estate investment trusts • Maryland
This Non-Qualified Stock Option Award Agreement (this “Award Agreement”), dated as of November 12, 2018 (the “Date of Grant”), is made by and between Drive Shack Inc., a Maryland corporation (the “Company”), and Kenneth A. May (the “Executive”).
DRIVE SHACK INC. 2018 OMNIBUS INCENTIVE PLAN EXECUTIVE NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • March 15th, 2019 • Drive Shack Inc. • Real estate investment trusts • Maryland
This Non-Qualified Stock Option Award Agreement (this “Award Agreement”), dated as of November 12, 2018 (the “Date of Grant”), is made by and between Drive Shack Inc., a Maryland corporation (the “Company”), and David M. Hammarley (the “Executive”). Any capitalized term that is used but not defined in this Award Agreement shall have the meaning ascribed to such term in the Drive Shack Inc. 2018 Omnibus Incentive Plan (as may be amended from time to time, the “Plan”).
November 7, 2018 Kenneth A. May Dear Ken:Letter Agreement • March 15th, 2019 • Drive Shack Inc. • Real estate investment trusts • New York
It is with great pleasure that we extend to you an offer to join Drive Shack Inc. (the “Company”) as Chief Executive Officer and President, reporting to the Board of Directors of the Company (the “Board”). This letter is referred to herein as the “Letter Agreement.”
