Spanish Broadcasting System, Inc. 2006 Omnibus Equity Compensation Plan Stock Option Grant Agreement (April 20th, 2017)
This STOCK OPTION GRANT AGREEMENT (the "Agreement"), dated as of February 24, 2016 (the "Date of Grant"), is delivered by Spanish Broadcasting System, Inc. (the "Company" or "SBS"), to you (the "Grantee"). Capitalized terms used herein but not defined herein have the meanings given to them in the Spanish Broadcasting System, Inc. 2006 Omnibus Equity Compensation Plan.
Contract (August 9th, 2004)
Exhibit 10.2 [Spanish Broadcasting System, Inc. Logo] July 2, 2004 Jose Antonio Villamil 2655 LeJeune Road Coral Gables, FL 33134 Dear Jose Antonio Villamil: Pursuant to the terms and conditions of the Spanish Broadcasting System, Inc. 1999 Stock Option Plan for NonEmployee Directors (the "Plan"), you have been granted a Nonqualified Stock Option to purchase 50,000 shares (the "Option") of Class A common stock as outlined below. Granted To: Jose Antonio Villamil ID# J. A. Villamil Granted Date: June 30, 2004 Option Granted: 50,000 Option Price per Share: $9.33 Total Cost to Exercise: $466,500.00 Expiration Date: June 30, 2014, unless terminated earlier. Vesting Schedule: 20% immediately, 20% each year as follows: 10,000 on 06/30/2005