RESTRICTED STOCK AND MUTUAL FUND RESTRICTED SHARE AGREEMENT (2020 Annual Grant) Under the PIPER SANDLER COMPANIES AMENDED AND RESTATED 2003 ANNUAL AND LONG- TERM INCENTIVE PLAN AND MUTUAL FUND RESTRICTED SHARE INVESTMENT PLAN Notice of GrantRestricted Stock and Mutual Fund Restricted Share Agreement • February 28th, 2020 • Piper Sandler Companies • Security brokers, dealers & flotation companies • Delaware
Piper Sandler Companies, a Delaware corporation (the “Company”), hereby grants to the below-named employee of the Company or an Affiliate of the Company (the “Employee”) (i) a Restricted Stock Award pursuant to the Company’s Amended and Restated 2003 Annual and Long-Term Incentive Plan, as amended from time to time (the “2003 Plan”), and (ii) a Mutual Fund Restricted Share Award (the “MFRS Award”) pursuant to the Company’s Mutual Fund Restricted Share Investment Plan, as amended from time to time (the “MFRS Plan” and together with the Restricted Stock Plan, the “Plans”). The terms and conditions of the Restricted Stock Award and MFRS Award (collectively, the “Awards”) are set forth in this Restricted Stock and Mutual Fund Restricted Share Agreement (the “Agreement”), consisting of this Notice of Grant and the Terms and Conditions on the following pages. This Agreement and the Awards are subject to all of the provisions of the applicable Plans. Any capitalized term that is not defined i
PIPER SANDLER COMPANIES AMENDED AND RESTATED PERFORMANCE SHARE UNIT AGREEMENTPerformance Share Unit Agreement • February 28th, 2020 • Piper Sandler Companies • Security brokers, dealers & flotation companies • Delaware
This is a Performance Share Unit Agreement (“Agreement”) between Piper Sandler Companies, a Delaware corporation (the “Company”), and the above-named employee of the Company (the “Employee”).
EQUITY CONSIDERATION RESTRICTED STOCK AGREEMENTEquity Consideration Restricted Stock Agreement • February 28th, 2020 • Piper Sandler Companies • Security brokers, dealers & flotation companies • Delaware
This is an Equity Consideration Restricted Stock Agreement (this “Agreement”) between Piper Jaffray Companies, a Delaware corporation (the “Company”), and the above-named individual (“Recipient”). This Agreement is being entered into by the Company and Recipient pursuant to that certain Agreement and Plans of Merger (the “Merger Agreement”), dated July 9, 2019, by and among the Company, SOP Holdings, LLC (“Sandler”), and other related entities and persons. Recipient, in Recipient’s capacity as a beneficial owner of Class A Units or Class C Units, as applicable, is entitled to receive the Equity Consideration in respect of certain of Recipient’s Class A Units or Class C Units, as applicable, pursuant to Section 2.07(c) of the Merger Agreement. The Restricted Shares (as defined below) are being granted to Recipient in satisfaction of the Company’s obligations to Recipient under Section 2.07(c) of the Merger Agreement. All capitalized terms used but not defined herein shall be defined as
SEVENTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • February 28th, 2020 • Piper Sandler Companies • Security brokers, dealers & flotation companies • Minnesota
THIS SEVENTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”) made and entered into as of December 13, 2019 (the “Effective Date”), by and between PIPER JAFFRAY & CO., a Delaware corporation (“Borrower”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“Lender”); has reference to the following facts and circumstances (the “Preambles”):
