PERFORMANCE-BASED NON-QUALIFIED STOCK OPTION AGREEMENT UNDER THE PLUG POWER INC. 2021 STOCK OPTION AND INCENTIVE PLANPerformance-Based Non-Qualified Stock Option Agreement • March 1st, 2022 • Plug Power Inc • Electrical industrial apparatus
Contract Type FiledMarch 1st, 2022 Company IndustryPursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended through the date hereof (the “Plan”), Plug Power Inc. (the “Company”) hereby grants to the Optionee named above a performance-based stock option (the “PSO”) to purchase on or prior to the Expiration Date specified above the target number of shares of Common Stock, par value $0.01 per share (the “Stock” and the shares of Stock subject to this PSO, the “Option Shares”), of the Company specified above at the Option Exercise Price per Share specified above, subject to the terms and conditions set forth herein and in the Plan. This PSO is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.
PERFORMANCE-BASED NON-QUALIFIED STOCK OPTION AGREEMENT UNDER THE PLUG POWER INC. 2021 STOCK OPTION AND INCENTIVE PLANPerformance-Based Non-Qualified Stock Option Agreement • March 1st, 2022 • Plug Power Inc • Electrical industrial apparatus
Contract Type FiledMarch 1st, 2022 Company IndustryPursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended through the date hereof (the “Plan”), Plug Power Inc. (the “Company”) hereby grants to the Optionee named above a performance-based stock option (the “PSO”) to purchase on or prior to the Expiration Date specified above the target number of shares of Common Stock, par value $0.01 per share (the “Stock” and the shares of Stock subject to this PSO, the “Option Shares”), of the Company specified above at the Option Exercise Price per Share specified above, subject to the terms and conditions set forth herein and in the Plan. This PSO is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.