Compensatory Award Termination Agreement Sample Contracts

COMPENSATORY AWARD TERMINATION AGREEMENT
Compensatory Award Termination Agreement • February 27th, 2020 • Evans & Sutherland Computer Corp • Miscellaneous electrical machinery, equipment & supplies • Utah

This Compensatory Award Termination Agreement (this “Agreement”) dated [•], 2020 is made by and between Evans & Sutherland Computer Corporation, a Utah corporation (the “Company”) and [•], an individual (“Grantee”). This Agreement shall be effective immediately prior to the Closing of the Merger (as defined below). Capitalized terms not defined herein have the meanings set forth in the Merger Agreement (as defined below).

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