DIRTT ENVIRONMENTAL SOLUTIONS LTD. LONG TERM INCENTIVE PLAN FORM OF OPTION AWARD AGREEMENTOption Award Agreement • May 26th, 2020 • Dirtt Environmental Solutions LTD • Services-prepackaged software • Alberta
DIRTT Environmental Solutions Ltd. (the “Corporation”), has granted to the individual listed below (the “Participant”) an Award in the form of Options pursuant to the DIRTT Environmental Solutions Ltd. Long Term Incentive Plan (as amended and/or restated from time to time, the “Plan”). Each Option represents an option to acquire a common share of the Corporation (a “Share”), at the time, in the manner, and subject to the terms contained herein (which includes, for Participants who are U.S. Participants, the additional terms and conditions provided under Exhibit A hereto). By electronically accepting this Award Agreement through his or her Shareworks account with Morgan Stanley, the Participant is deemed to have accepted the terms and conditions of the Plan and this Award Agreement.
DIRTT ENVIRONMENTAL SOLUTIONS LTD. LONG TERM INCENTIVE PLAN FORM OF PERFORMANCE-BASED RESTRICTED SHARE UNIT AWARD AGREEMENTPerformance-Based Restricted Share Unit Award Agreement • May 26th, 2020 • Dirtt Environmental Solutions LTD • Services-prepackaged software • Alberta
DIRTT Environmental Solutions Ltd. (the “Corporation”), has granted to the individual listed below (the (“Participant”) an Award in the form of Restricted Share Units pursuant to the DIRTT Environmental Solutions Ltd. Long Term Incentive Plan (as amended and/or restated from time to time, the “Plan”). Each Restricted Share Unit represents the future conditional right of the Participant to receive a cash payment equal to the Fair Market Value of a common share of the Corporation (a “Share”) calculated at the date of such payment, or, at the Corporation’s and Employer’s sole discretion, its equivalent in Shares (or a combination of cash and Shares), at the time, in the manner, and subject to the terms contained herein (which includes, for Participants who are U.S. Participants, the additional terms and conditions provided under Exhibit A hereto). By electronically accepting this Award Agreement through his or her Shareworks account with Morgan Stanley, the Participant is deemed to have a
DIRTT ENVIRONMENTAL SOLUTIONS LTD. LONG TERM INCENTIVE PLAN FORM OF TIME-BASED RESTRICTED SHARE UNIT AWARD AGREEMENTRestricted Share Unit Award Agreement • May 26th, 2020 • Dirtt Environmental Solutions LTD • Services-prepackaged software • Alberta
DIRTT Environmental Solutions Ltd. (the “Corporation”), has granted to the individual listed below (the (“Participant”) an Award in the form of Restricted Share Units pursuant to the DIRTT Environmental Solutions Ltd. Long Term Incentive Plan (as amended and/or restated from time to time, the “Plan”). Each Restricted Share Unit represents the future conditional right of the Participant to receive a cash payment equal to the Fair Market Value of a common share of the Corporation (a “Share”) calculated at the date of such payment, or, at the Corporation’s and Employer’s sole discretion, its equivalent in Shares (or a combination of cash and Shares), at the time, in the manner, and subject to the terms contained herein (which includes, for Participants who are U.S. Participants, the additional terms and conditions provided under Exhibit A hereto). By electronically accepting this Award Agreement through his or her Shareworks account with Morgan Stanley, the Participant is deemed to have a
