Form of Non-Employee Director Restricted Stock Agreement Restricted Stock Agreement for Non-Employee Directors AVANTAIR, INC. AS AMENDED AND RESTATED GRANTEE: NO. OF SHARES:Restricted Stock Agreement • May 11th, 2012 • Avantair, Inc • Air transportation, nonscheduled • Florida
This Agreement (the “Agreement”) evidences the award of restricted shares (each, an “Award Share,” and collectively, the “Award Shares”) of the Common Stock of Avantair, Inc., a Delaware corporation (the “Company”), granted to you, , effective as of (the “Grant Date”), pursuant to the Avantair, Inc. 2006 Long-Term Incentive Plan, as amended and restated (the “Plan”), and 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.
