PERFORMANCE STOCK AWARD AGREEMENTPerformance Stock Award Agreement • July 27th, 2022 • Mullen Automotive Inc. • Services-computer processing & data preparation • California
On May 5, 2022, Mullen Automotive Inc. (the "Company" or "Mullen") has granted to David Michery (the "Participant") a Performance Stock Award for shares of Common Stock on the terms and subject to the conditions of this Performance Stock Award Agreement (the "Agreement"). Any capitalized term that is not defined in this Part I of the Agreement titled “Notice of Stock Grant” has the meaning assigned to such term in Part II of the Agreement titled "Terms and Conditions of Stock Grant," attached hereto as Exhibit A (the "Terms and Conditions").
