Compensation Agreement Sample Contracts

Royale Energy Holdings, Inc. – Compensation Agreement (October 29th, 2018)

This Compensation Agreement is made to be effective from July 26, 2018, by and between Harry E. Hosmer ("Chairman Emeritus") and Royale Energy, Inc. ("Royale") (together, Chairman Emeritus and Royale are each a "Party" and collectively, the "Parties"), who agree as follows:

Royale Energy Holdings, Inc. – Compensation Agreement (October 29th, 2018)

This Compensation Agreement is made to be effective from July 26, 2018, by and between Robert Vogel ("Director") and Royale Energy, Inc. ("Royale") (together, Director and Royale are each a "Party" and collectively, the "Parties"), who agree as follows:

Royale Energy Holdings, Inc. – Compensation Agreement (October 29th, 2018)

This Compensation Agreement is made to be effective from July 26, 2018, by and between Mel G. Riggs ("Director") and Royale Energy, Inc. ("Royale") (together, Director and Royale are each a "Party" and collectively, the "Parties"), who agree as follows:

Royale Energy Holdings, Inc. – Compensation Agreement (October 29th, 2018)

This Compensation Agreement is made to be effective from July 26, 2018, by and between Barry Lasker ("Director") and Royale Energy, Inc. ("Royale") (together, Director and Royale are each a "Party" and collectively, the "Parties"), who agree as follows:

Royale Energy Holdings, Inc. – Compensation Agreement (October 29th, 2018)

This Compensation Agreement is made to be effective from July 26, 2018, by and between Thomas M. Gladney ("Director") and Royale Energy, Inc. ("Royale") (together, Director and Royale are each a "Party" and collectively, the "Parties"), who agree as follows:

Royale Energy Holdings, Inc. – Compensation Agreement (October 29th, 2018)

This Compensation Agreement is made to be effective from July 26, 2018, by and between Jonathan Gregory ("Director") and Royale Energy, Inc. ("Royale") (together, Director and Royale are each a "Party" and collectively, the "Parties"), who agree as follows:

Casual Male Retail Group – Second Amendment to Employment and Chairman Compensation Agreement (September 7th, 2018)

This Second Amendment to Employment and Chairman Compensation Agreement ("Amendment") is made as of August 9, 2018 between DESTINATION XL GROUP, INC., a Delaware corporation with an office at 555 Turnpike Street, Canton, Massachusetts, 02021 (the "Company"), and SEYMOUR HOLTZMAN ("Mr. Holtzman") having an address at 306 Chilean, Palm Beach, FL 33480-4632.

Compensation Agreement (August 3rd, 2018)

This Compensation Arrangement (this "Agreement") is made and entered into as of this 2nd day of August, 2018, by and between Precision Optics Corporation, Inc., a Massachusetts corporation (together with its successors and assigns, the "Company"), and Joseph N. Forkey (the "Executive").

The Land Has a Total Area of Approximate 170,688 Sq. M., of Which the Relevant Land Parcel Owned by the Company Is Initially Determined to Account for Approximately 37,116.63 Sq. M. The Actual Areas of the Land and the Relevant Land Parcel Owned by the Company Are Subject to the Surveying and Mapping Technical Document. The Land Is Currently Used as Industrial Land and Is Proposed to Be Re-Designated as Commercial, Residential and Business and Production Land. The GLDC Agrees to Pay an One-Off Compensation to the Company and the Other Vendors in Accordance With the Principle Set Out in the Res (April 26th, 2018)
Ample-Tee, Inc. – Services and Compensation Agreement (March 12th, 2018)

This SERVICES AND COMPENSATION AGREEMENT (this "Agreement") is made and entered into as of the 6th day of March, 2018 between AIRBORNE WIRELESS NETWORK, a corporation organized and existing under the laws of the State of Nevada ("ABWN") and South Bay Aviation Inc., a corporation organized and existing under the laws of the State of California ("SBA") (each of South Bay Aviation and ABWN may hereinafter be referred to as a "Party" and together as the "Parties").

Amended and Restated Performance-Based Compensation Agreement (March 2nd, 2018)

THIS AMENDED AND RESTATED AGREEMENT (the "Agreement") between OPPENHEIMER HOLDINGS INC. ("Holdings") and ALBERT G. LOWENTHAL ("Lowenthal") is effective as of May 11, 2015, subject to, and conditioned upon, approval by Holdings' Class B Stockholders at the 2015 annual meeting. This Agreement is an amendment and restatement of the Amended and Restated Performance-Based Compensation Agreement, dated as of January 1, 2010, between Lowenthal and the Company (the "Prior Agreement") which was due to expire on May 11, 2015.

Bioforce Nanosciences Holdings – Chairman Director Compensation AGREEMENT (January 26th, 2018)

This Director Compensation Agreement (this Agreement) is made as of the 1st day of July, 2013 by and among BioForce Nanosciences Holdings, Inc. (BFNH), a Nevada Corporation, having its principal place of business at 2232 Virginia Beach Blvd, Virginia Beach, VA 23454 (Company), and Merle Ferguson, Chairman Director, and is made in light of the following recitals which are a material part hereof.

Compensation Agreement (January 2nd, 2018)

THIS COMPENSATION AGREEMENT (this "Agreement") is made and entered into as of the 28th day of December, 2017, by and among (i) QuoteMedia, Inc., a Nevada corporation (the "Company"), (ii) QuoteMedia, Ltd., a corporation organized under the laws of British Columbia, Canada ("QuoteMedia"), and (iii) David M. Shworan ("Shworan").

Car Charging Group – Compensation Agreement (July 6th, 2017)

THIS COMPENSATION AGREEMENT (the "Agreement") is made and entered into effective as of June 16, 2017 (the "Effective Date"), by and between Car Charging Group, Inc. (the "Company") and Ira Feintuch (the "Executive").

Car Charging Group – Compensation Agreement (June 30th, 2017)

THIS COMPENSATION AGREEMENT (the "Agreement") is made and entered into effective as of June 16, 2017 (the "Effective Date"), by and between Car Charging Group, Inc. (the "Company") and Ira Feintuch (the "Executive").

Triangle Petroleum Corp. – Special Compensation Agreement (May 31st, 2017)

This Special Compensation Agreement (this "Agreement") is made and entered into on May 24, 2017 (the "Effective Date"), by and between Triangle Petroleum Corporation, a Delaware corporation (the "Company"), and Ryan McGee ("Employee"). Employee and the Company are referred to collectively as the "Parties."

Casual Male Retail Group – First Amendment to Employment and Chairman Compensation Agreement (May 30th, 2017)

This First Amendment to Employment and Chairman Compensation Agreement ("Amendment") is made as of May 25, 2017 between DESTINATION XL GROUP, INC., a Delaware corporation with an office at 555 Turnpike Street, Canton, Massachusetts, 02021 (the "Company"), and SEYMOUR HOLTZMAN ("Mr. Holtzman") having an address at 306 Chilean, Palm Beach, FL 33480-4632.

Marketingmobiletext, Inc. – Credit Support Compensation Agreement (April 10th, 2017)

This Credit Support Compensation Agreement, dated as of March 22, 2017 (the "Agreement"), is entered into by and amongst [ ] (collectively, the "Investor"), and Progressive Green Solutions, Inc., a Nevada business corporation (the "Company"), with reference to the following facts:

ImmuCell Corporation – Incentive Compensation Agreement (March 8th, 2017)

This Incentive Compensation Agreement, dated as of March 6, 2017, is by and between ImmuCell Corporation, a Delaware corporation (the "Company") and Elizabeth L. Williams (the "Executive").

ImmuCell Corporation – Incentive Compensation Agreement (March 8th, 2017)

This Incentive Compensation Agreement, dated as of March 6, 2017, is by and between ImmuCell Corporation, a Delaware corporation (the "Company") and Bobbi Jo Brockmann (the "Executive").

Long-Term Incentive Compensation Agreement (February 28th, 2017)

Effective as of February 22, 2016 (the "Grant Date"), ______________(the "Participant") has been granted Awards under Ambac Financial Group, Inc. Incentive Compensation Plan (the "Incentive Plan") and in accordance with the Ambac Financial Group, Inc. Long-Term Incentive Compensation Plan (the "LTIP") which is a subplan to the Incentive Plan. This Agreement evidences the Awards which shall consist of (a) a Full Value Award in the form of performance stock units ("Performance Stock Units") and (b) a Cash Incentive Award. In addition to the terms and conditions of the Incentive Plan and the LTIP, the Awards shall be subject to the following terms and conditions (sometimes referred to as this "Agreement").

Ample-Tee, Inc. – Agreement Between Airborne Wireless Network and Jet Midwest Group, LLC Dated October 31, 2016. SERVICES AND COMPENSATION AGREEMENT (November 1st, 2016)

This SERVICES AND EQUITY COMPENSATION AGREEMENT (this "Agreement") is made and entered into as of the 31st day of October, 2016 between AIRBORNE WIRELESS NETWORK, INC., a corporation organized and existing under the laws of the State of Nevada ("Airborne") and JET MIDWEST, LLC, a limited liability company organized and existing under the laws of the State of Delaware ("Jet Midwest") (each of Jet Midwest and Airborne may hereinafter be refereed to as a "Party" and together as the "Parties").

Triangle Petroleum Corp. – Special Compensation Agreement (September 8th, 2016)

This Special Compensation Agreement (this "Agreement") is made and entered into on the 4th day of May, 2016, by and between Triangle Petroleum Corporation, a Delaware corporation (the "Company"), and Ryan McGee ("Employee").

Benefit and Compensation Agreement (September 7th, 2016)

This BENEFIT AND COMPENSATION AGREEMENT ("Agreement") is made by and between Image Sensing Systems, Inc. ("ISS") and Richard Ehrich ("Ehrich") on this date, August 25, 2016 ("Effective Date").

Amendment to Compensation Agreements (July 19th, 2016)

This Amendment to Compensation Agreements (this "Amendment") is made and entered into as of the __ day of June, 2016 (the "Amendment Date"), between and among MAGELLAN PETROLEUM CORPORATION, a Delaware corporation ("Magellan" or the "Company") and Antoine J. Lafargue (the "Executive").

DCP Holding CO – Long Term Incentive Compensation Agreement (June 3rd, 2016)

The stock award for DCP's Vice President and CFO is authorized under the "DCP Holding Company Amended and Restated 2006 Dental Care Plus Management Equity Incentive Plan" (the "Management Incentive Plan") and is subject to the "Dental Care Plus and DCP Holding Company Deferred Compensation Plan". Stock RSU's are awarded in an amount equal to five percent (5%) of base salary and is considered "Long Term" as it vests incrementally over four years, 10% on December 31 of the first year, 20% at the end of the second year, 30% at the end of the third year and 40% at the end of the fourth year. There are no performance targets other than longevity with the Company.

Long-Term Incentive Compensation Agreement (May 11th, 2016)

Effective as of February 22, 2016 (the "Grant Date"), Nader Tavakoli (the "Participant") has been granted an Award under the Ambac Financial Group, Inc. Incentive Compensation Plan (the "Incentive Plan") and in accordance with the Ambac Financial Group, Inc. Long-Term Incentive Compensation Plan (the "LTIP"), which is a subplan to the Incentive Plan. This Agreement evidences the Award, which shall consist of a Full Value Award in the form of performance restricted stock units ("Performance Restricted Stock Units"). In addition to the terms and conditions of the Incentive Plan and the LTIP, the Award shall be subject to the following terms and conditions (sometimes referred to as this "Agreement").

Ambac Financial Group, Inc. Long-Term Incentive Compensation Agreement (May 11th, 2016)

Effective as of March 4, 2015 (the "Grant Date"), [ ] (the "Participant") has been granted Awards under Ambac Financial Group, Inc. Incentive Compensation Plan (the "Incentive Plan") and in accordance with the Ambac Financial Group, Inc. Long-Term Incentive Compensation Plan (the "LTIP") which is a subplan to the Incentive Plan. This Agreement evidences the Awards which shall consist of (a) a Full Value Award in the form of performance stock units ("Performance Stock Units") and (b) a Cash Incentive Award. In addition to the terms and conditions of the Incentive Plan and the LTIP, the Awards shall be subject to the following terms and conditions (sometimes referred to as this "Agreement").

Triangle Petroleum Corp. – Special Compensation Agreement (May 10th, 2016)

This Special Compensation Agreement (this "Agreement") is made and entered into on the 4th day of May, 2016, by and between Triangle Petroleum Corporation, a Delaware corporation (the "Company"), and Dominic Spencer ("Employee").

Triangle Petroleum Corp. – Special Compensation Agreement (May 10th, 2016)

This Special Compensation Agreement (this "Agreement") is made and entered into on the 4th day of May, 2016, by and between Triangle Petroleum Corporation, a Delaware corporation (the "Company"), and Douglas Griggs ("Employee").

Rent-A-Center, Inc. Form of Stock Compensation Agreement (Rsu) (April 29th, 2016)

THIS AGREEMENT, made as of the ___day of ____________, ___, between Rent-A-Center, Inc. (the "Company") and ___________ (the "Executive"), pursuant to the Rent-A-Center, Inc. 2016 Long-Term Incentive Plan (the "Plan").

Rent-A-Center, Inc. Form of Stock Compensation Agreement (Psu) (April 29th, 2016)

THIS AGREEMENT, made as of the ___day of ____________, ___, between Rent-A-Center, Inc. (the "Company") and ___________ (the "Executive"), pursuant to the Rent-A-Center, Inc. 2016 Long-Term Incentive Plan (the "Plan").

Box Ships Inc. – Amended and Restated Compensation Agreement (April 27th, 2016)

This Amended and Restated Compensation Agreement (the Agreement") is made as of the 2nd day of January 2015, by and between Box Ships Inc., a Marshall islands corporation (the "Company" or "Box"), and Allseas Marine S.A., a Liberian corporation ("Allseas").

Box Ships Inc. – Compensation Agreement (April 27th, 2016)

This Compensation Agreement (the "Agreement") is made as of the 2nd day of January 2015, by and between Box Ships Inc., a Marshall Islands corporation (the "Company"), and Seacommercial Shipping Services S.A., a Liberian corporation ("Seacommercial").

Ambac Financial Group, Inc. Long-Term Incentive Compensation Agreement (February 29th, 2016)

Effective as of March 4, 2015 (the "Grant Date"), [ ] (the "Participant") has been granted Awards under Ambac Financial Group, Inc. Incentive Compensation Plan (the "Incentive Plan") and in accordance with the Ambac Financial Group, Inc. Long-Term Incentive Compensation Plan (the "LTIP") which is a subplan to the Incentive Plan. This Agreement evidences the Awards which shall consist of (a) a Full Value Award in the form of performance stock units ("Performance Stock Units") and (b) a Cash Incentive Award. In addition to the terms and conditions of the Incentive Plan and the LTIP, the Awards shall be subject to the following terms and conditions (sometimes referred to as this "Agreement").