0001437749-24-010386 Sample Contracts

SPAR GROUP, INC. Phantom Stock Grant and Agreement
Phantom Stock Grant and Agreement • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec • Michigan

This Restricted Stock Unit Grant and Agreement has been entered into and is effective as of March 24, 2022 (as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided herein, this "Agreement"), between the SPAR Group, Inc., a Delaware corporation ("SGRP" or the "Corporation"), currently having an address at 1910 Opdyke Court, Auburn Hills, MI 48326, and William Linnane, (the "Grantee"), whose name and current address are set forth on the signature page below. The Grantee and the Corporation may be referred to individually as a "Party" and collectively as the "Parties".

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SPAR GROUP, INC. Phantom Stock Grant and Agreement
Phantom Stock Grant and Agreement • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec • Michigan

This Restricted Stock Unit Grant and Agreement has been entered into and is effective as of April 3, 2023 (as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided herein, this "Agreement"), between the SPAR Group, Inc., a Delaware corporation ("SGRP" or the "Corporation"), currently having an address at 1910 Opdyke Court, Auburn Hills, MI 48326, and Kori G. Belzer, (the "Grantee"), whose name and current address are set forth on the signature page below. The Grantee and the Corporation may be referred to individually as a "Party" and collectively as the "Parties".

CHANGEOFCONTROLSEVERANCEAGREEMENT
Change of Control Severance Agreement • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec • Michigan

This Change of Control Severance Agreement ("Agreement") between SPAR Group, Inc. a Delaware corporation (the "Corporation" or "SGRP"), and Antonio Calisto Pato (the "Executive") is made and entered into effective as of February 28, 2023(the "Effective Date"). The Executive and the Corporation may be referred to individually as a "Party" and collectively as the "Parties". Certain Tax Provisions applicable to this Agreement are set forth in Annex A are part of and incorporated by reference into this Agreement as if fully set forth herein;

SPAR GROUP, INC. INDUCEMENT RSU GRANT AND CONTRACT
Inducement Restricted Stock Unit Grant and Contract • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec • Michigan

This Inducement Restricted Stock Unit Grant and Contract has been entered into and is effective as of March 10, 2023 (as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided herein, this "Contract"), between the SPAR Group, Inc., a Delaware corporation ("SGRP" or the "Corporation"), currently having an address at 1910 Opdyke Court, Auburn Hills, MI 48326, and Antonio Calisto Pato (the "Grantee" or "Awardee"), currently having an address at 1207 Willow Oaks Trail, Matthews, NC 28104. The Grantee and the Corporation may be referred to individually as a "Party" and collectively as the "Parties".

THIRD MODIFICATION AGREEMENT
Modification Agreement • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec • New Jersey

THIS THIRD MODIFICATION AGREEMENT (this "Modification Agreement") is dated as of December [16], 2021 and will be effective as of December 1, 2021, by and among NORTH MILL CAPITAL LLC, a Delaware limited liability company, d/b/a SLR Business Credit ("Lender"), with a place of business at 821 Alexander Road, Suite 130, Princeton, New Jersey 08540, SPAR MARKETING FORCE, INC., a Nevada corporation ("US Borrower"), with its chief executive office located at 1910 Opdyke Court, Auburn Hills, Michigan 48326, and SPAR CANADA COMPANY, an unlimited company organized under the laws of Nova Scotia ("Canadian Borrower"), with its chief executive office located at 10 Planchet Road, Unit 21, Vaughan, Ontario L4K 2C8.

CORRECTIVE AMENDMENTS TO CHANGE OF CONTROL SEVERANCE AGREEMENTS
Change of Control Severance Agreement • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec

This Corrective Global Amendment to Change of Control Severance Agreements ("Amendment") between SPAR Group, Inc. a Delaware corporation (the "Corporation" or "SGRP"), and each of the undersigned Executives (each an "Executive") is made and entered into effective as of August 10, 2022 (the " Amendment Date"). The Executives and the Corporation may be referred to individually as a "Party" and collectively as the "Parties".

FIFTH MODIFICATION AGREEMENT
Modification Agreement • April 1st, 2024 • SPAR Group, Inc. • Services-business services, nec • New Jersey

THIS FIFTH MODIFICATION AGREEMENT (this "Modification Agreement") is entered into as of August 9 , 2022, by and among NORTH MILL CAPITAL LLC, a Delaware limited liability company, d/b/a SLR Business Credit ("Lender"), with a place of business at 821 Alexander Road, Suite 130, Princeton, New Jersey 08540, SPAR MARKETING FORCE, INC., a Nevada corporation ("US Borrower"), with its chief executive office located at 1910 Opdyke Court, Auburn Hills, Michigan 48326, and SPAR CANADA COMPANY, an unlimited company organized under the laws of Nova Scotia ("Canadian Borrower"), with its chief executive office located at 10 Planchet Road, Unit 21, Vaughan, Ontario L4K 2C8.

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