13D Filing: Voss Capital LLC and Par Technology Corp (PAR)

The following constitutes
the Schedule 13D filed by the undersigned (the “Schedule 13D”).

Item 1.

Security and Issuer.

This statement relates
to the common stock, par value $0.02 per share (the “Shares”), of PAR Technology Corporation, a Delaware corporation
(the “Issuer”). The address of the principal executive offices of the Issuer is PAR Technology Park, 8683 Seneca Turnpike,
New Hartford, New York 13413.

Item 2.

Identity and Background.

(a)On January 22,
2018, the filing persons formed The Above Par Committee (the “Committee”). The members of the Committee include:

(i)

Voss Capital, LLC (“Voss Capital”), a Texas limited liability corporation, as the investment manager of certain managed accounts (the “Voss Capital Accounts”), with respect to the Shares directly and beneficially owned by it;

(ii)

Travis W. Cocke, as the managing member of Voss Capital;

(iii)

Brasada Capital Management LP (“Brasada Capital”), a Texas limited partnership, as the investment manager of certain managed accounts (the “Brasada Capital Accounts”);

(iv)

Gabe Birdsall, as an owner of Brasada Capital;

(v)

Jonathan Reichek, as an owner of Brasada Capital;

(vi)

Broadview Dark Horse LP (“Broadview”), a Canadian limited partnership, with respect to the Shares directly and beneficially owned by it;

(vii)

Ewing Morris & Co’s Investment Partners Ltd (“Ewing Morris”), a Canadian corporation, as the investment manager of Broadview; and

(viii)

Matt Irwin, as a member of Ewing Morris.

Each of the
foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons. Accordingly, the
Reporting Persons are hereby filing a joint Schedule 13D.

(b)The address of the principal office of Voss Capital is 3773 Richmond, Suite 500, Houston, Texas 77046. The
address of the principal office of Brasada Capital is 3200 Southwest Freeway, Suite 2160, Houston, Texas 77027. The address of
the principal office of each of Broadview and Ewing Morris is 1407 Yonge, Toronto, ON M4T 1Y7, Canada. The officers and directors
of Ewing Morris and their principal occupations and business addresses are set forth on Schedule A and are incorporated by reference
in this Item 2.

(c)The principal business of Voss Capital is investing in securities. The principal business of Brasada Capital
is investing in securities. The principal business of Broadview is investing in securities. The principal business of Ewing Morris
is serving as an investment manager. The principal occupation of Mr. Cocke is serving as the managing member of Voss Capital. The
principal business of each of Messrs. Birdsall and Reichek is as owner of Brasada Capital. Mr. Irwin serves as a member of Ewing
Morris.