CAVCO INDUSTRIES, INC. 2005 STOCK INCENTIVE PLAN PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT (FOR EMPLOYEES)Restricted Stock Unit Award Agreement • May 19th, 2023 • Cavco Industries Inc. • Mobile homes • Delaware
This Performance-Based Restricted Stock Unit Award Agreement (the “Agreement”) is made and entered into as of _______, 20__ (the “Grant Date”) by and between Cavco Industries, Inc., a Delaware corporation (the “Company”) and ___________ (the “Grantee”), an employee of the Company, pursuant to the Cavco Industries, Inc. 2005 Stock Incentive Plan, as amended (the “Plan”). This Award is not intended to qualify as performance-based compensation for purposes of IRS 162(m), as a result, it is not subject to the restrictions set forth in the Plan that are applicable to Awards designed to comply with IRS 162(m). Except as defined herein (or as provided in Exhibit “A” attached hereto), capitalized terms used but not defined in this Agreement shall have the same meanings ascribed to them in the Plan.
CAVCO INDUSTRIES, INC. 2005 STOCK INCENTIVE PLAN RESTRICTED STOCK UNIT AGREEMENT (for Employees)Restricted Stock Unit Agreement • May 19th, 2023 • Cavco Industries Inc. • Mobile homes • Delaware
This Restricted Stock Unit Agreement (the “Restricted Stock Unit Agreement”, “RSU Agreement” or “Agreement”) is made and entered into as of __________ (the “Grant Date”) by and between Cavco Industries, Inc., a Delaware corporation (“Cavco” or the “Company”), and _______________ (the “Grantee”), an employee of the Company, pursuant to the Cavco Industries, Inc. 2005 Stock Incentive Plan, as amended (the “Plan”). Except as defined herein (or as provided in Exhibit “A” attached hereto), capitalized terms used but not defined in this Agreement shall have the same meanings ascribed to them in the Plan.
