EXPRESSJET HOLDINGS, INC. STAND-ALONE RESTRICTED STOCK AWARD AGREEMENTStand-Alone Restricted Stock Award Agreement • May 7th, 2010 • Expressjet Holdings Inc • Air transportation, scheduled • Texas
As a material inducement for Thomas M. Hanley (“Executive”) to enter into the employment agreement dated April 19, 2010 (the “Employment Agreement”), by and between ExpressJet Holdings, Inc., a Delaware corporation (the “Company”) and Executive, the Compensation Committee of the Company’s Board of Directors (the “Committee”) hereby grants Executive the right to acquire restricted common stock of the Company (the “Award”) from its treasury, subject to the terms and conditions of this Stand-Alone Restricted Stock Award Agreement (the “Agreement”). Unless otherwise indicated, all terms used in this Agreement shall have the meaning as defined in Section 10. The principle features of the Award are as follows:
