FORESTAR GROUP INC. PERFORMANCE STOCK UNIT AWARD AGREEMENT EMPLOYEE [Grant Date]Performance Stock Unit Award Agreement • November 1st, 2024 • Forestar Group Inc. • Real estate • Delaware
Forestar Group Inc., a Delaware corporation (the “Company”), pursuant to the Forestar Group Inc. 2018 Stock Incentive Plan, as the same may be amended from time to time (the “2018 SIP”), hereby grants [Participant Name] (the “Participant”) a target number of performance stock units (the “PSUs”) as a performance-based Restricted Stock Unit Award (“Award”) as set forth below. This Award is subject to the terms and conditions set forth in this Performance Stock Unit Award Agreement (this “Agreement”) and in the 2018 SIP (a copy of which is attached to this Agreement). The Administrator of this Award under the 2018 SIP is the Compensation Committee of the Board of Directors of the Company (the “Administrator”) and it shall determine or resolve any conflicts in this Agreement and the 2018 SIP. Capitalized terms not defined herein are defined in the 2018 SIP.
