Form of Deferred Share Award Agreement DEFERRED SHARE AWARD AGREEMENT FOR NON- EMPLOYEE DIRECTORS AVANTAIR, INC. AS AMENDED AND RESTATED GRANTEE: NO. OF SHARES:Deferred Share Award Agreement • February 10th, 2012 • Avantair, Inc • Air transportation, nonscheduled • Florida
This Agreement (the “Agreement”) evidences the award (the “Award”) of deferred shares (each, a “Deferred Share,” and collectively, the “Deferred Shares”) of the Common Stock of Avantair, Inc., a Delaware corporation (the “Company”), granted to you, , effective as of , 20 (the “Grant Date”), pursuant to the Avantair, Inc. 2006 Long-Term Incentive Plan, as amended and restated (the “Plan”), conditioned upon your agreement to the terms described below. All of the provisions of the Plan are expressly incorporated into this Agreement. Please return an executed copy of this Agreement to the Company within 30 days of the date hereof.
