Common use of Role and Responsibilities Clause in Contracts

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Chief Executive Officer of the REIT and the Operating Partnership, and shall perform such employment duties as are usual and customary for such positions. The Executive shall report directly to the Board of Directors of the REIT (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Chief Executive Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT (the “Board”) of the Company (or its designee). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the BoardBoard during the Employment Period. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Company. In the event that the Executive, during the Employment Period, Executive serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination termination, provided that the Executive otherwise remains employed under and performs the terms of services contemplated by this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Chief Executive Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT Company (the “"Board”"). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s 's term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s 's request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s 's position as co-Chief Executive Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Executive Vice President and Chief Executive Financial Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positions. The Executive shall report directly to the Chief Executive Officer and the Board of Directors of the REIT Company (the “"Board”"). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s 's term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s 's request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s 's position as co-Executive Vice President and Chief Executive Financial Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Chief Executive Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT Company (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. Effective on the Effective Date, Executive shall transition out of the role of the Company’s Chief Executive Officer (the “CEO”). During the Employment Period, the Executive shall serve as co-Chief Executive Officer of the REIT and the Operating PartnershipCompany’s President, Technology, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the BoardCEO. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Companyhereunder. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement. In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election (or, as applicable, re-election) to the Board at any meeting of stockholders of the Company during which any such election is held and the Executive’s term as a member of the Board will expire if he is not re-elected; provided, however, that the Company shall not be obligated to cause such nomination if (i) any of the events constituting Cause have occurred and not been cured or (ii) the Executive has issued to the Company notice of his intent to terminate his employment hereunder. The Executive acknowledges and agrees that none of (i) his change in position from CEO to President, Technology, (ii) the appointment of Xxxx Xxxxxxxxx as the CEO and/or (iii) entering into this Agreement or the Founder Award Cancellation Agreement dated as of March 28, 2023 (including any changes herein to the Executive’s compensation), in any case, constitute or will constitute an event giving rise to “Good Reason” for purposes of this Agreement or any other agreement between Executive and the Company and/or its affiliates.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Executive Vice President and Chief Executive Financial Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT Company (the “"Board”"). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s 's term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s 's request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s 's position as co-Chief Executive Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. (A) During the Employment Period, Period the Executive shall serve as coSpecial Advisor to the CEO. As Special Advisor, the Executive shall have senior-Chief Executive Officer of level duties and responsibilities as the REIT and the Operating PartnershipCEO assigns to him from time to time, which may include sharing his expertise with Company management upon request, and shall perform such employment duties as are usual and customary for such positionsproviding general support to the CEO in his management efforts upon request. The Executive shall report directly to the Board of Directors of the REIT (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT during which any anticipates that such election is held and duties will draw on the Executive’s term expertise in the insurance and underwriting industry and his well-established professional relationships with colleagues at Combined and elsewhere. Although the Executive’s duties will be greatly diminished as a Special Advisor, the Executive shall be a benefits-eligible common law employee of Aon. (B) The Executive and Combined agree to execute all documents and take all other actions as may be necessary to effectuate the termination of the Executive’s director will expire if he is not reelectedand officer responsibilities. (C) On and after the Effective Date, the Executive may engage in outside activities, including membership on boards of for-profit entities and not-for-profit entities, and trade associations, and employment or consulting with for-profit and not-for-profit entities; provided, however, that the Company shall such activities (i) may not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent significantly interfere with the Executive’s position performance of his duties hereunder, (ii) may not violate the terms of Section 10 (Noncompetition; Nonsolicitation) and Section 12 (Confidentiality) of this Agreement, (iii) may not include employment or consulting with any entity that is interested in, or is exploring strategic options relating to, the acquisition of Combined, either alone or in combination with other entities; and (iv) with the exception of outside activities in which Executive is engaged as co-Chief Executive Officer of the Effective date, are pre-approved in writing by the CEO and the Company. In the event that the Executive’s General Counsel as not being in violation of this Section 3(c), during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation which approval shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreementunreasonably withheld.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-President and Chief Executive Investment Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positions. The Executive shall report directly to the Board of Directors of the REIT Company (the “"Board”"). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s 's term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s 's request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s 's position as co-President and Chief Executive Investment Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-the sole Chief Executive Officer of the REIT PubCo and the Operating Partnershipshall be its most senior executive officer, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly and solely to the Board of Directors of and shall be appointed to serve on the REIT (Board on the “Board”)Effective Date. In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if (A) any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that cured or (B) the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as has issued a member Notice of the BoardTermination. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Companyhereunder. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement. The Executive shall primarily work at the Company’s offices located within 50 miles of Los Angeles, California; provided, however, that the parties acknowledge and agree that the Executive may be required to travel with relative frequency to Mojave, California and Las Cruces, New Mexico, as well as other locations as may be necessary to fulfill the Executive’s duties and responsibilities hereunder.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-Chief Executive Officer of the REIT and the Operating PartnershipCompany’s CEO, and shall perform such employment duties and will have such powers as may be prescribed by the Board and otherwise as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the CompanyBoard’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Companyhereunder. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement. In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election (or, as applicable, re-election) to the Board at any meeting of stockholders of the Company during which any such election is held and the Executive’s term as a member of the Board will expire if he is not re-elected; provided, however, that the Company shall not be obligated to cause such nomination if (i) any of the events constituting Cause have occurred and not been cured or (ii) the Executive has issued to the Company notice of his intent to terminate his employment with the Company.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-President and Chief Executive Investment Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT Company (the “"Board”"). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s 's term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s 's request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s 's position as co-Chief Executive Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s 's compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s 's service in one or more of such additional capacities is terminated, the Executive’s 's compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-President and Chief Executive Investment Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positionsposition. The Executive shall report directly to the Board of Directors of the REIT Company (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT Company during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries subsidiaries, including Plymouth Industrial OP, LP, and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position as co-President and Chief Executive Investment Officer of the Company. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

Role and Responsibilities. During the Employment Period, the Executive shall serve as co-President and Chief Executive Officer of the REIT and the Operating PartnershipCompany, and shall perform such employment duties as are usual and customary for such positions. The After the 2023 annual meeting of shareholders of the Company, the Executive shall serve as Chairman of the Company, and the Executive shall report directly to the Board of Directors of the REIT Company (the “Board”). In addition, during the Employment Period, the Company shall cause the Executive to be nominated to stand for election to the Board at any meeting of stockholders of the REIT during which any such election is held and the Executive’s term as director will expire if he is not reelected; provided, however, that the Company shall not be obligated to cause such nomination if any of the events constituting Cause (as defined below) have occurred and not been cured. Provided that the Executive is so nominated and is elected to the Board, the Executive hereby agrees to serve as a member of the Board. At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates (collectively, the “Company Group”) in other capacities in addition to the foregoing, consistent with the Executive’s position as co-Chief Executive Officer of the Company. In furtherance of the foregoing, following the Effective Date, Executive shall continue to serve as a member of the Board. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacitiescapacities (including Executive’s service to the Board), the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.