0001712189-21-000005 Sample Contracts

FORM OF 2021 EXECUTIVE RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • March 1st, 2021 • Target Hospitality Corp. • Hotels, rooming houses, camps & other lodging places • Texas

This Restricted Stock Unit Agreement (this “Agreement”) is made and entered into as of [DATE] (the “Grant Date”) by and between Target Hospitality Corp., a Delaware corporation (the “Company”), and [NAME] (the “Participant”). This Agreement is being entered into pursuant to the Target Hospitality Corp. 2019 Incentive Award Plan (the “Plan”). Capitalized terms used in this Agreement but not defined herein will have the meaning ascribed to them in the Plan.

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 1st, 2021 • Target Hospitality Corp. • Hotels, rooming houses, camps & other lodging places

This Amendment (this “Amendment”) to the Employment Agreement by and between Target Logistics Management, LLC, a Massachusetts limited liability company (the “Company”), and Troy Schrenk (the “Executive”), dated as of January 29, 2019 (the “Employment Agreement”), is entered into as of this 25th day of February, 2021.

FORM OF 2021 EXECUTIVE STOCK APPRECIATION RIGHTS AWARD AGREEMENT
Executive Stock Appreciation Rights Award Agreement • March 1st, 2021 • Target Hospitality Corp. • Hotels, rooming houses, camps & other lodging places • Texas

This Stock Appreciation Rights Award Agreement (this “Agreement”) is made and entered into as of [DATE] (the “Grant Date”) by and between Target Hospitality Corp., a Delaware corporation (the “Company”), and [NAME] (the “Participant”). This Agreement is being entered into pursuant to the Target Hospitality Corp. 2019 Incentive Award Plan (the “Plan”). Capitalized terms used in this Agreement but not defined herein will have the meaning ascribed to them in the Plan.

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