PARTICIPATION AND RESTRICTIVE COVENANTS AGREEMENTParticipation and Restrictive Covenants Agreement • August 9th, 2024 • Forward Air Corp • Arrangement of transportation of freight & cargo • Georgia
This PARTICIPATION AND RESTRICTIVE COVENANTS AGREEMENT (this “Agreement” or this “Restrictive Covenants Agreement”) is entered into as of July 3, 2024, between Forward Air Corporation (the “Company”) and Jamie G. Pierson (the “Executive”) (jointly the “Parties”) pursuant to which the Executive accepts participation in the Forward Air Corporation Executive Severance and Change in Control Plan (the “Severance Plan”) subject to the terms and conditions thereof as amended from time to time. Capitalized terms not otherwise defined herein, shall have the meaning set forth in the Severance Plan. For so long as Executive is the Chief Financial Officer of the Company, he shall be deemed a “C-Suite Employee” while holding this title (as defined in the Severance Plan) for all purposes under the Severance Plan.
FORM] FORWARD AIR CORPORATION RETENTION BONUS AGREEMENTRetention Bonus Agreement • August 9th, 2024 • Forward Air Corp • Arrangement of transportation of freight & cargo
This RETENTION BONUS AGREEMENT (this “Agreement”) is made and entered into effective as of April 19, 2024 (the “Effective Date”) by and among Forward Air Corporation (the “Company”) and _____________ (the “Recipient”). The Recipient and the Company are each a “party” and together are “parties” to this Agreement.
Form of Non-Employee Director Annual Compensation AgreementNon-Employee Director Annual Compensation Agreement • August 9th, 2024 • Forward Air Corp • Arrangement of transportation of freight & cargo • Tennessee
This Agreement (the “Agreement”), effective as of __________ (the “Grant Date”), evidences the grant to you of a right to a compensation award (the “Annual Compensation Award”) equal to the value of _________ shares of the Common Stock of Forward Air Corporation, a Tennessee corporation (the “Company”) (each such share, a “Tracking Share,” and collectively, the “Tracking Shares”), conditioned upon your agreement to the terms described below.
FORM RESTRICTED SHARE RETENTION AWARD AGREEMENT] FORWARD AIR CORPORATION NOTICE OF GRANT OF RESTRICTED SHARESRestricted Share Retention Award Agreement • August 9th, 2024 • Forward Air Corp • Arrangement of transportation of freight & cargo • Tennessee
The Participant has been granted an award (the “Award”) of _______ restricted shares (each, an “Award Share,” and collectively, the “Award Shares”) of the Common Stock of Forward Air Corporation, a Tennessee corporation (the “Company”), pursuant to the Forward Air Corporation 2016 Omnibus Incentive Compensation Plan (the “Plan”) and the Employee Restricted Share Agreement attached hereto (the “Agreement”), as follows:
