MESA LABORATORIES, INC. STOCK OPTION AWARD AGREEMENT (Pursuant to the 2014 Equity Plan) Version 1.3Stock Option Award Agreement • July 30th, 2019 • Mesa Laboratories Inc /Co • Industrial instruments for measurement, display, and control • Colorado
This Stock Option Award Agreement (“Agreement”) sets forth below the terms and conditions for grants of either incentive or non-qualified stock options by MESA LABORATORIES, INC., a Colorado corporation (the "Company"), pursuant to the Company’s 2014 Equity Plan (“Plan”), to an officer, director, employee or advisor of the Company or a Subsidiary thereof (the "Participant"). The Plan, these terms and conditions, and the grant of stock options under the Plan are administered and approved by the Compensation Committee of the Board of Directors of the Company (the “Committee”).
MESA LABORATORIES, INC. PERFORMANCE SHARE AGREEMENT (Pursuant to the 2014 Equity Plan) Version 1.0Performance Share Agreement • July 30th, 2019 • Mesa Laboratories Inc /Co • Industrial instruments for measurement, display, and control • Colorado
Mesa Laboratories, Inc. (the “Company”) hereby agrees to award to the recipient named below (the “Recipient”) performance share units over the number of shares of Common Stock, of the Company (the “Shares”) set forth below as the “Target Award” (the “Award”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Agreement, together with Appendix A and the Performance Share Agreement, the “Agreement”). The Award shall settle as Shares, but until such settlement, the Award will be denominated in performance share units. The Shares awarded will be released to the Recipient on the date set forth below (“Release Date”) if the conditions described in this Agreement are satisfied. Such Award will be made under the terms of The Mesa Laboratories, Inc. 2014 Equity Plan (the “Plan”).
