0001558370-21-003449 Sample Contracts

OUTSIDE DIRECTOR RESTRICTED STOCK UNIT AGREEMENT Initial Award

Outside Director Restricted Stock Unit Agreement • March 25th, 2021 • Lordstown Motors Corp. • Motor vehicles & passenger car bodies • Delaware

• Contract Type
  Outside Director Restricted Stock Unit Agreement
• Filed
  March 25th, 2021
• Company
  Lordstown Motors Corp.
• Industry
  Motor vehicles & passenger car bodies
• Jurisdiction
  Delaware

This OUTSIDE DIRECTOR RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is made as of [__], 202[_] (the “Date of Grant”), by and between Lordstown Motors Corp., a Delaware corporation (the “Company”), and [_________________] (the “Participant”), pursuant to the Lordstown Motors Corp.2020 Equity Incentive Plan (the “Plan”).