GOOD TIMES RESTAURANTS INC. STOCK OPTION AWARD AGREEMENTStock Option Award Agreement • March 8th, 2022 • Good Times Restaurants Inc. • Retail-eating places • Nevada
Pursuant to this Stock Option Award Agreement (this “Agreement”) and the related Stock Option Grant Notice (the “Grant Notice”) to which this Agreement is attached, Good Times Restaurants Inc., a Nevada corporation (the “Company”), has granted the Grantee identified in the Grant Notice an option to purchase the number of shares of Stock indicated in the Grant Notice at the Exercise Price indicated in the Grant Notice (the “Option”). The Option is granted connection with Grantee’s hiring by the Company as its Senior Vice President of Finance. This Option is granted outside of any shareholder-approved equity compensation plan of the Company, has been approved by the Compensation Committee of the Company’s Board of Directors and granted as an inducement material to commencement of Grantee’s employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4). The purpose of this Option grant is to promote the success and enhance the value of the Company by linking the personal in
