0001437749-22-009216 Sample Contracts

Employee Restricted Stock Unit Grant Restricted Stock Unit Agreement under the 2021 Omnibus Stock Incentive Plan
Restricted Stock Unit Agreement • April 19th, 2022 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois

This Agreement (the “Agreement”) evidences the award of restricted stock units (each, a “Award Unit,” and collectively, the “Award Units”), entitling the grantee to receive one share of Common Stock (a “Share”) on a future date, that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to you effective as of________ (the “Grant Date”), pursuant to the 2021 Omnibus Stock Incentive Plan (the “Plan”) and conditioned upon your agreement to the terms described below. This award is contingent on your acceptance of this Agreement within ninety (90) days after you receive notice of the award by signing where indicated below. If you do not accept this Agreement within ninety (90) days, this award will be void and you will not be entitled to any benefits under this Agreement. All of the provisions of the Plan are expressly incorporated into this Agreement.

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PPIH Long-Term Incentive Program Restricted Stock Unit and Performance Award Grant Restricted Stock Unit and Performance Award Agreement under the 2021 Omnibus Stock Incentive Plan Grantee: __________ No. of Restricted Stock Units: ____________
Restricted Stock Unit and Performance Award Agreement • April 19th, 2022 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois

This Agreement (the “Agreement”) evidences the award of (i) ___________ restricted stock units of Common Stock (each, a “RSU” and, collectively, the “RSUs”) subject to a vesting schedule, and (ii) a performance award (the “Performance Award”) relating to the performance period of the Company’s fiscal years ____-______ (the “Performance Period”) with a target dollar amount of $_________ (the “Target Amount”), that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to you, ________________, effective as of ____________ (the “Grant Date”), pursuant to the 2021 Omnibus Stock Incentive Plan (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.

PPIH Non-Employee Director Compensation Program Restricted Stock Unit Grant Restricted Stock Unit Agreement under the 2021 Omnibus Stock Incentive Plan Grantee: No. of Restricted Stock Units: Dollar Amount of Grant: Closing Price on Grant Date: Grant...
Restricted Stock Unit Agreement • April 19th, 2022 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois

This Agreement (the “Agreement”) evidences the award of the number of restricted stock units (each, an “RSU,” and collectively, the “RSUs”), each entitling the grantee to receive one share of Common Stock (a “Share”) subject to a vesting schedule, that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to the grantee set forth above (“Grantee” or “you”), effective as of the grant date set forth above (the “Grant Date”), pursuant to the 2021 Omnibus Stock Incentive Plan (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.

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