Common use of Equity Incentive Award Clause in Contracts

Equity Incentive Award. Subject to and as soon as practicable following the completion of the contemplated initial public offering of the Corporation’s common stock in accordance with that certain registration statement on Form S-1 filed by the Corporation with the U.S. Securities and Exchange Commission on November 12, 2013, as amended (such form, the “Form S-1,” and such initial public offering, the “IPO”), the Corporation will grant to the Executive a number of restricted stock units with an aggregate value of $700,000 (the “RSU Award”). The number of restricted stock units shall be determined based on the public sale price per share of the Corporation’s common stock in the IPO. The RSU Award will be subject to all of the terms and conditions of the Intrawest Resorts Holdings, Inc. 2014 Omnibus Incentive Plan (the “Omnibus Plan”) and a written award agreement to be entered into between the Corporation and the Executive, which will provide, among other things, that the restricted stock units may be settled in shares of Common Stock or cash in the Corporation’s sole discretion.

Equity Incentive Award. Subject to and as soon as practicable following the completion of the contemplated initial public offering of the Corporation’s common stock in accordance with that certain registration statement on Form S-1 filed by the Corporation with the U.S. Securities and Exchange Commission on November 12, 2013, as amended (such form, the “Form S-1,” and such initial public offering, the “IPO”), the Corporation will grant to the Executive a number of restricted stock units with an aggregate value of $700,000 1,000,000 (the “RSU Award”). The number of restricted stock units shall be determined based on the public sale price per share of the Corporation’s common stock in the IPO. The RSU Award will be subject to all of the terms and conditions of the Intrawest Resorts Holdings, Inc. 2014 Omnibus Incentive Plan (the “Omnibus Plan”) and a written award agreement to be entered into between the Corporation and the Executive, which will provide, among other things, that the restricted stock units may be settled in shares of Common Stock or cash in the Corporation’s sole discretion.

Equity Incentive Award. Subject to and as soon as practicable following the completion of the contemplated initial public offering of the Corporation’s common stock in accordance with that certain registration statement on Form S-1 filed by the Corporation with the U.S. Securities and Exchange Commission on November 12, 2013, as amended (such form, the “Form S-1,” and such initial public offering, the “IPO”), the Corporation will grant to the Executive a number of restricted stock units with an aggregate value of $700,000 3,000,000 (the “RSU Award”). The number of restricted stock units shall be determined based on the public sale price per share of the Corporation’s common stock in the IPO. The RSU Award will be subject to all of the terms and conditions of the Intrawest Resorts Holdings, Inc. 2014 Omnibus Incentive Plan (the “Omnibus Plan”) and a written award agreement to be entered into between the Corporation and the Executive, which will provide, among other things, that the restricted stock units may be settled in shares of Common Stock or cash in the Corporation’s sole discretion.