Non‑Employee Director Restricted Stock Units AgreementRestricted Stock Units Agreement • May 10th, 2016 • Forward Air Corp • Arrangement of transportation of freight & cargo • Tennessee
This Agreement (the “Agreement”) evidences the award of ____________ restricted stock units (each, a “Stock Unit,” and collectively, the “Stock Units”) of the Common Stock of Forward Air Corporation, a Tennessee corporation (the “Company”), granted to you, _______________________, effective as of _______________, _____ (the “Grant Date”), pursuant to the Forward Air Corporation Amended and Restated Non‑Employee Director Stock Plan (the “Plan”), as further amended effective May 10, 2016, and conditioned upon your agreement to the terms described below. All of the provisions of the Plan are expressly incorporated into this Agreement. Each Unit represents the Company’s commitment to issue one share of the Company’s Common Stock at a future date, subject to the terms set forth below and the Plan.
Restricted Stock AgreementRestricted Stock Agreement • May 10th, 2016 • Forward Air Corp • Arrangement of transportation of freight & cargo • Tennessee
This Agreement (the “Agreement”) evidences the award of ____________ restricted shares (each, an “Award Share,” and collectively, the “Award Shares”) of the Common Stock of Forward Air Corporation, a Tennessee corporation (the “Company”), granted to you, _______________________, effective as of _____________, ___ (the “Grant Date”), pursuant to the Forward Air Corporation Amended and Restated Non-Employee Director Stock Plan (the “Plan”), as further amended effective May 10, 2016, and conditioned upon your agreement to the terms described below. All of the provisions of the Plan are expressly incorporated into this Agreement.
